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The University of Illinois Foundation serves as the official fundraising and private gift-receiving organization for the University of Illinois System. It manages and invests philanthropic contributions:including trusts, bequests, and direct gifts:to bolster academic programs, research initiatives, and student success across its three campuses. This dedicated stewardship provides crucial financial backing, directly advancing the institution's core educational and discovery mission.
Established in 1935, the University of Illinois Foundation formed as an independent, not-for-profit corporation. Its creation addressed the essential need for a dedicated entity to professionally solicit and manage private financial support for the University of Illinois. This foundational insight ensured a robust structure for sustained philanthropic backing, critical for maintaining and enhancing the institution's long-term educational and research excellence.
The Foundation primarily serves the University of Illinois System, directly benefiting its students, faculty, and researchers. Donors, including alumni and community members, are key partners in its mission. Its enduring vision is to cultivate and steward private support to ensure academic excellence, foster innovation, and enhance accessibility, ultimately empowering future generations through education and groundbreaking discoveries.
University of Illinois Foundation has 1 tracked investment across 1 company. The latest tracked deal is $150.0M Series H in Stash in May 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 1, 2025 | Stash | $150.0M Series H | Goodwater Capital | Alpine Ventures, Entrée Capital Ventures, Founders Fund, Valar Ventures, Serengeti Asset Management, Stepstone Group, T. Rowe Price Associates, Union Square Ventures |