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Huntsville Alabama online Form 990-PF: What You Should Know

UAH.org Alabama Foundation Program, Inc. — Public Information The Alabama Foundation Program, Inc.'s Annual Information Return (IRS Form 990) (Form 990-PF) University of Alabama Health Sciences Center Foundation (UAH HSF) — Public Information The University of Alabama Huntsville Hospital Foundation The University of Alabama Health Sciences Center Foundation, Inc. filed an Annual Information Return (Form 990) for Year Ending December 31, 2014. Form 990-PF. University of Alabama School of Medicine, School of Dental Science, Health Sciences Center Foundation — Public Information The University of Alabama School of Medicine, School of Dental Science, Health Sciences Center Foundation filed an Annual Information Return (Form 990) for Year Ending June 30, 2017. Financial Overview 2013 Our financial situation is improving, albeit slowly. The end of 2023 marked the fifth straight year the university lost about 1 million in revenue. The most recent budget was a four-year, 34 million one for 2013–14 and a total of about 2 billion for the institution since its founding in 1904. With the loss of a staggering amount of revenue from state appropriations, the university has had to take extra measures, ranging from cutting salaries, to reducing expenses, to delaying programs (such as the School of Dentistry), to asking alumni for more donations. To be clear, we cannot stop this steady bleed of revenue because we do not have the resources—we will be able to afford our educational needs, and we will be able to pay back any debt we have incurred, but right now this is what we have to do to stay afloat. The university's general support from the Alabama state government is only a small portion of what we get from alumni, donors, and corporate sponsors, and if it continued to be as low as it is, we would have no choice but to scale down in a way that would hurt both the institution and the University of Alaska System students who have benefited from the services we provide. Because of the significant reductions that have been made since the 2014–15 budget plan, the university's overall financial situation is much better than when we announced our budget earlier this year. We remain very committed to doing everything possible to mitigate this deficit, and we will continue to be as transparent as possible, through budget documents, online and other means.

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