National Collegiate Athletic Association

EIN 44-0567264 • 501(c)3 • Indianapolis, IN

Profile

Provide a world-class athletics and academic experience for student-athletes that fosters lifelong well-being.

700 W Washington StIndianapolis, IN 46204-2710

www.ncaa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

2.81x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

2.37x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

-202%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

No value available

No filing with officer rows is available for this organization yet.

25%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

3.1%

Faster revenue growth than 28% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / Assets100th percentile

Assets

$1,087,687,985

Up $218,346,132 (+25%) from 2023

Liabilities

$3,061,090,605

Up $2,756,995,175 (+907%) from 2023

Net Assets

Down

-$1,973,402,620

Down $2,538,649,043 (-449%) from 2023

Operations

Liabilities / Revenue87th percentile Net Margin1st percentile

Revenue

$1,293,598,274

Up $38,423,580 (+3.1%) from 2023

Expenses

$3,912,354,410

Up $2,736,826,471 (+233%) from 2023

Net Income

Down

-$2,618,756,136

Down $2,698,402,891 (-3388%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2024

Assets$1,087,687,985

Liabilities$3,061,090,605

Net Assets-$1,973,402,620

Open 2024 Filing

Operations Trend

Revenue Growth28th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2024

Revenue$1,293,598,274

Expenses$3,912,354,410

Net Income-$2,618,756,136

Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $1,087,687,985
Liabilities: $3,061,090,605
Net assets: -$1,973,402,620
Revenue: $1,293,598,274
Expenses: $3,912,354,410
Net income: -$2,618,756,136

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1,088	$3,061	$1,973	$1,294	$3,912	$2,619
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$869	$304	$565	$1,255	$1,176	$79.6
2022Detailed filing. Detailed filing data is available for this year.	$785	$327	$458	$1,224	$1,192	$32.0
2021Detailed filing. Detailed filing data is available for this year.	$773	$257	$516	$1,109	$1,030	$78.3
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$702	$307	$394	$521	$572	$51.1
2019Detailed filing. Detailed filing data is available for this year.	$611	$161	$450	$1,119	$1,045	$73.5
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$609	$183	$426	$1,058	$1,033	$24.7
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$720	$321	$399	$1,063	$942	$120
2016Detailed filing. Detailed filing data is available for this year.	$924	$619	$305	$971	$1,387	$416
2015Detailed filing. Detailed filing data is available for this year.	$902	$193	$709	$952	$909	$43.3
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$928	$210	$718	$906	$898	$7.72
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$760	$121	$638		$842
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$704	$127	$577		$791
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$614	$108	$506		$774
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$570	$124	$446		$702

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Sep 1, 2023 to Aug 31, 2024
Signed: Jun 27, 2025
Return Version: 2023v6.0
Gross Receipts: $1,645,237,090

Mission and Program Overview

Mission

Provide a world-class athletics and academic experience for student-athletes that fosters lifelong well-being.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Investments Other Securities	$337,924,279	$448,532,129	▲ $110,607,850
Savings and Temporary Cash Investments	$45,791,174	$265,845,551	▲ $220,054,377
Investments in Publicly Traded Securities	$401,961,206	$257,351,790	▼ $144,609,416
Accounts Receivable	$29,611,906	$55,641,321	▲ $26,029,415
Land, Buildings, and Equipment, Net	$36,087,768	$32,914,879	▼ $3,172,889
Prepaid Expenses and Deferred Charges	$6,095,056	$15,657,802	▲ $9,562,746
Intangible Assets	$3,760,000	$2,930,000	▼ $830,000
Other Notes and Loans Receivable, Net	$0	-	-
Receivable From Disqualified Prsn	$0	$0	→ $0
Receivables From Officers Etc	$0	$0	→ $0
Investments Program Related	$0	-	-
Inventories for Sale or Use	$0	-	-
Loans From Officers Directors	$0	$0	→ $0
Total Assets	$869,341,853	$1,087,687,985	▲ $218,346,132
Other Assets Total	$8,110,464	$8,814,513	▲ $704,049
Liabilities
Other Liabilities	$0	$2,776,000,000	▲ $2,776,000,000
Deferred Revenue	$95,601,650	$179,220,040	▲ $83,618,390
Accounts Payable and Accrued Expenses	$205,097,608	$104,217,356	▼ $100,880,252
Tax Exempt Bond Liabilities	$3,396,172	$1,653,209	▼ $1,742,963
Total Liabilities	$304,095,430	$3,061,090,605	▲ $2,756,995,175
Net Assets / Fund Balance
Net Assets With Donor Restrictions	$250,000	$250,000	→ $0
Net Assets Without Donor Restrictions	$564,996,423	$-1,973,652,620	▼ $2,538,649,043
Total Net Assets Fund Balance	$565,246,423	$-1,973,402,620	▼ $2,538,649,043
Total Liabilities and Net Assets / Fund Balance	$869,341,853	$1,087,687,985	▲ $218,346,132

Asset Categories

Asset	Book Value	Depreciation	Basis
Equipment	$7,314,906	$35,850,692	$43,165,598
Buildings	$23,500,396	$19,066,046	$42,566,442
Leasehold Improvements	$1,749,577	$9,823,346	$11,572,923
Land	$350,000	-	$350,000
Other Securities	$56,860,250	-	-

Endowment Activity

Period	Beginning	Contrib.	Gain/Loss	Other Uses	End
2023	$565,246,423	$1,256,119,974	▲ $120,471,169	$386,661,190	$802,597,380
2022	$457,621,637	$1,224,024,813	▲ $61,964,384	$433,656,206	$565,246,423
2021	$516,183,901	$1,208,883,856	▼ $72,347,636	$470,173,885	$457,621,637
2020	$394,344,552	$1,094,090,129	▲ $60,913,175	$355,439,007	$516,183,901
2019	$450,142,007	$478,696,015	▲ $40,488,047	$264,379,689	$394,344,552

Compensation and Service Providers

Top Officer PayScore unavailable

Employees

Name	Title	Full / Part Time	Base	Other	Total
Mark Emmert	Former President	-	$1,423,717	$4,917,965	$6,341,682
Charlie Baker	President	FT	$2,630,769	$791,736	$3,422,505
Stanley Wilcox	Executive Vice President	FT	$1,325,305	$217,946	$1,543,251
Brian Hainline	Chief Medical Officer (until 6/1/24)	FT	$890,815	$165,951	$1,056,766
Cari Van Senus	Former Senior Vice President	-	$247,950	$569,201	$817,151
Mario Morris	SVP of Admin and CFO	FT	$627,904	$184,812	$812,716
Daniel Gavitt	Senior Vice President	FT	$670,404	$140,355	$810,759
Joni Comstock	Senior Vice President (until 3/2/24)	FT	$576,465	$103,227	$679,692
Kevin Lennon	Senior Vice President	FT	$524,731	$115,303	$640,034
Jonathan Duncan	Vice President	FT	$497,613	$114,684	$612,297
Scott Bearby	Senior Vice President	FT	$506,078	$98,096	$604,174
Felicia Martin	Senior Vice President	FT	$485,158	$82,683	$567,841
Timothy Buckley	Senior Vice President	FT	$415,010	$53,126	$468,136
David Schnase	Vice President	FT	$367,760	$95,203	$462,963
Theresa Gronau	Vice President	FT	$353,960	$90,676	$444,636
Lynn Holzman	Vice President	FT	$360,080	$69,752	$429,832
Steven Shirley	Board Member, Vice-Chair (through 1/2/24)	-	$1,509	-	$1,509
Linda Livingstone	Board Member, Chair	-	$1,050	-	$1,050

Board Members and Trustees

Name	Title
Mary-Beth Cooper	Board Member, Vice-Chair (as of 1/3/24)
Allison Feaster	Board Member
Beth DeBauche	Board Member
Dr Nadja West	Board Member
Houston Davis	Board Member
Isaiah Swann	Board Member
Jere Morehead	Board Member
Collen Perry Keith	Board Member (as of 1/3/24)

Highest Paid Contractors

Contractor	Services	Location	Compensation
Wilkinson Stekloff LLP	Legal Services	2001 M STREET NW, 10TH FLOOR, Washington, DC 20036	$11,036,245
Barnes & Thornburg LLP	Legal Services	11 S MERIDIAN STREET, Indianapolis, IN 46204	$5,294,211
Orrick Herrington & Sutcliffe LLP	Legal Services	405 HOWARD STREET, San Francisco, CA 94105	$4,759,416
Bryan Cave Leighton Paisner LLP	Legal Services	PO BOX 503089, St Louis, MO 63150	$3,652,193
Latham & Watkins LLP	Legal Services	PO BOX 894256, Los Angeles, CA 90189	$3,553,943

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $1,243,300,913
Investment Income: $41,009,480
Other Revenue: $9,287,881
Change in Net Assets: $-2,618,756,136

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$3,114,914,866
Grants and Similar Amounts Paid	$704,842,933
Salaries, Compensation, and Employee Benefits	$92,596,611
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Grants to Domestic Orgs	$704,761,579	-	-	$704,761,579
Travel	$153,593,018	$2,101,751	-	$155,694,769
Fees for Services Legal	$62,177,864	-	-	$62,177,864
Other Salaries and Wages	$48,139,077	$9,740,931	-	$57,880,008
Fees for Services Management	$39,869,395	$2,000,890	-	$41,870,285
Fees for Services Other	$26,883,069	$1,265,696	$0	$28,148,765
Occupancy	$15,522,470	$5,418,474	-	$20,940,944
Advertising	$20,772,223	$51,449	-	$20,823,672
All Other Expenses	$17,414,820	$701,198	$0	$18,116,018
Insurance	$13,247,209	-	-	$13,247,209
Information Technology	$2,514,446	$8,903,399	-	$11,417,845
Other Employee Benefits	$8,773,519	$2,543,390	-	$11,316,909
Conferences and Meetings	$8,291,579	$209,181	-	$8,500,760
Pension Plan Contributions	$6,661,935	$1,785,177	-	$8,447,112
Current Officers, Directors, Trustees, and Key Employees	$6,751,933	$1,405,597	-	$8,157,530
Depreciation Depletion	-	$6,308,238	-	$6,308,238
Payroll Taxes	$3,412,053	$1,711,332	-	$5,123,385
Other Expenses	$5,039,909	$26,656	-	$5,066,565
Office Expenses	$2,022,417	$631,043	-	$2,653,460
Comp Disqual Persons	$1,315,738	$355,929	-	$1,671,667
Fees for Service Investment Mgmnt Fees	-	$645,403	-	$645,403
Fees for Services Lobbying	-	$530,000	-	$530,000
Fees for Services Accounting	-	$204,381	-	$204,381
Foreign Grants	$63,972	-	-	$63,972
Grants to Domestic Individuals	$17,382	-	-	$17,382
Total Functional Expenses	$3,865,618,346	$46,736,064	$0	$3,912,354,410

International Activity

Grant and Assistance Recipients

Recipient	Location	Category	Purpose	Amount
Big Ten Conference	Park Ridge, IL	501(c)(3)	Grants/Scholarships	$65,579,122
Atlantic Coast Conference	Greensboro, NC	501(c)(3)	Grants/Scholarships	$62,028,589
Southeastern Conference	Birmingham, AL	Sec 115	Grants/Scholarships	$53,273,099
Big 12 Conference	Irving, TX	501(c)(3)	Grants/Scholarships	$38,393,021
Big East Conference	New York, NY	501(c)(3)	Grants/Scholarships	$25,047,012
Pac-12 Conference	San Francisco, CA	501(c)(3)	Grants/Scholarships	$24,984,840
American Athletic Conference	Providence, RI	501(c)(3)	Grants	$18,931,084
Mountain West Conference	Colorado Springs, CO	501(c)(3)	Grants/Scholarships	$13,390,209
West Coast Conference	San Bruno, CA	501(c)(3)	Grants/Scholarships	$13,244,880
Atlantic 10 Conference	Newport News, VA	501(c)(3)	Grants/Scholarships	$12,269,331
Southland Conference	Frisco, TX	501(c)(3)	Grants/Scholarships	$10,977,313
Missouri Valley Conference	St Louis, MO	Sec 115	Grants/Scholarships	$10,630,074
Mid-american Conference	Cleveland, OH	501(c)(3)	Grants/Scholarships	$10,592,674
Sun Belt Conference	New Orleans, LA	501(c)(3)	Grants/Scholarships	$10,449,744
Summit League (the)	Elmhurst, IL	501(c)(3)	Grants/Scholarships	$10,412,386
Coastal Athletic Association	Richmond, VA	501(c)(3)	Grants/Scholarships	$9,414,466
Conference USA	Hattiesburg, MS	501(c)(3)	Grants/Scholarships	$9,211,030
Southwestern Athletic Conference	Birmingham, AL	Sec 115	Grants/Scholarships	$8,697,531
Metro Atlantic Athletic Conference	Edison, NY	Sec 115	Grants/Scholarships	$8,173,684
Ohio Valley Conference	Brentwood, TN	501(c)(3)	Grants/Scholarships	$7,580,681
Patriot League	Center Valley, PA	501(c)(3)	Grants/Scholarships	$7,501,538
Northeast Conference	Bridgewater, NJ	501(c)(3)	Grants/Scholarships	$7,457,212
Southern Conference	Spartanburg, SC	Sec 115	Grants/Scholarships	$7,247,205
Trustees of Princeton University	Princeton, NJ	501(c)(3)	Grants/Scholarships	$7,236,999
Atlantic Sun Conference	Macon, GA	501(c)(3)	Grants	$7,112,936
Horizon League	Indianapolis, IN	501(c)(3)	Grants/Scholarships	$7,038,787
Big West Conference	Irvine, CA	501(c)(3)	Grants/Scholarships	$6,844,646
America East Conference	Cambridge, MA	501(c)(3)	Grants	$6,831,306
Western Athletic Conference	Englewood, CO	Sec 115	Grants/Scholarships	$6,629,589
Big Sky Conference	Ogden, UT	501(c)(3)	Grants/Scholarships	$6,555,225
Big South Conference	Charlotte, NC	501(c)(3)	Grants/Scholarships	$5,855,604
Mid-eastern Athletic Conference	Norfolk, VA	Sec 115	Grants/Scholarships	$5,680,220
Stanford University	Stanford, CA	501(c)(3)	Grants/Scholarships	$2,172,033
Long Island University	Brooklyn, NY	501(c)(3)	Grants/Scholarships	$1,997,637
University of California - Berkeley	Berkeley, CA	501(c)(3)	Grants/Scholarships	$1,808,999
Arizona State University	Tempe, AZ	Sec 115	Grants/Scholarships	$1,726,402
University of California - Los Angeles	Los Angeles, CA	501(c)(3)	Grants/Scholarships	$1,615,643
University of Connecticut	Storrs, CT	501(c)(3)	Grants/Scholarships	$1,511,428
University of Southern California	Los Angeles, CA	501(c)(3)	Grants/Scholarships	$1,487,948
Sacred Heart University	Fairfield, CT	501(c)(3)	Grants/Scholarships	$1,417,644
University of Oklahoma	Norman, OK	Sec 115	Grants/Scholarships	$1,387,743
University of Delaware	Newark, DE	501(c)(3)	Grants/Scholarships	$1,301,176
University of Washington	Seattle, WA	Sec 115	Grants/Scholarships	$1,292,547
Brigham Young University	Provo, UT	501(c)(3)	Grants/Scholarships	$1,284,257
University of Texas - Austin	Austin, TX	Sec 115	Grants/Scholarships	$1,263,281
University of Utah	Salt Lake City, UT	501(c)(3)	Grants/Scholarships	$1,252,438
University of California - Davis	Davis, CA	501(c)(3)	Grants/Scholarships	$1,225,980
Texas Christian University	Fort Worth, TX	Sec 115	Grants/Scholarships	$1,218,741
Liberty University	Lynchburg, VA	501(c)(3)	Grants/Scholarships	$1,205,781
University of Arizona (the)	Tucson, AZ	Sec 115	Grants/Scholarships	$1,176,116
Southern Methodist University	Dallas, TX	501(c)(3)	Grants/Scholarships	$1,132,806
San Jose State University	San Jose, CA	501(c)(3)	Grants/Scholarships	$1,130,343
Eastern Michigan University	Ypsilanti, MI	Sec 115	Grants/Scholarships	$1,116,791
University of Massachusetts - Amherst	Amherst, MA	Sec 115	Grants/Scholarships	$1,113,357
Miami University - Oh	Oxford, OH	501(c)(3)	Grants/Scholarships	$1,107,878
Villanova University	Villanova, PA	Sec 115	Grants/Scholarships	$1,081,506
Monmouth University	West Long Branch, NJ	501(c)(3)	Grants/Scholarships	$1,069,878
University of Hawaii - Manoa	Honolulu, HI	Sec 115	Grants/Scholarships	$1,067,004
Temple University	Philadelphia, PA	Sec 115	Grants/Scholarships	$1,062,108
Bucknell University	Lewisburg, PA	501(c)(3)	Grants/Scholarships	$1,059,568
University of Kansas	Lawrence, KS	Sec 115	Grants/Scholarships	$1,042,655
James Madison University	Harrisonburg, VA	501(c)(3)	Grants/Scholarships	$1,039,809
Youngstown State University	Youngstown, OH	Sec 115	Grants/Scholarships	$1,029,655
University of Oregon	Eugene, OR	501(c)(3)	Grants/Scholarships	$1,028,126
Baylor University	Waco, TX	501(c)(3)	Grants/Scholarships	$1,017,260
California State University - Fresno	Fresno, CA	Sec 115	Grants/Scholarships	$1,011,359
Lehigh University	Bethlehem, PA	501(c)(3)	Grants/Scholarships	$970,566
Fordham University	Bronx, NY	501(c)(3)	Grants/Scholarships	$969,885
California State University - Sacramento	Sacramento, CA	Sec 115	Grants/Scholarships	$969,055
San Diego State University	San Diego, CA	501(c)(3)	Grants/Scholarships	$961,940
East Carolina University	Greenville, NC	Sec 115	Grants/Scholarships	$961,658
Colgate University	Hamilton, NY	501(c)(3)	Grants/Scholarships	$958,422
Florida Atlantic University	Boca Raton, FL	Sec 115	Grants/Scholarships	$957,609
Bowling Green State University	Bowling Green, OH	Sec 115	Grants/Scholarships	$953,846
University of Cincinnati	Cincinnati, OH	501(c)(3)	Grants/Scholarships	$949,754
Iowa State University	Ames, IA	501(c)(3)	Grants/Scholarships	$947,826
Coastal Carolina University Research Foundation	Conway, SC	501(c)(3)	Grants/Scholarships	$945,023
University of Nevada - Las Vegas	Las Vegas, NV	501(c)(3)	Grants/Scholarships	$944,081
Oregon State University	Corvallis, OR	501(c)(3)	Grants/Scholarships	$936,927
Appalachian State University	Boone, NC	Sec 115	Grants/Scholarships	$931,392
University of South Florida	Tampa, FL	501(c)(3)	Grants/Scholarships	$929,540
West Virginia University	Morgantown, WV	501(c)(3)	Grants/Scholarships	$927,110
University of Memphis	Memphis, TN	501(c)(3)	Grants/Scholarships	$925,411
Wagner College	Staten Island, NY	501(c)(3)	Grants/Scholarships	$924,014
California Polytechnic State University	San Luis Obispo, CA	Sec 115	Grants/Scholarships	$920,321
Gardner-webb University	Boling Springs, NC	Sec 115	Grants/Scholarships	$917,176
College of the Holy Cross	Worchester, MA	501(c)(3)	Grants/Scholarships	$913,642
Boise State University	Boise, ID	Sec 115	Grants/Scholarships	$912,718
Oklahoma State University	Stillwater, OK	501(c)(3)	Grants/Scholarships	$910,360
Northern Illinois University	Dekalb, IL	Sec 115	Grants/Scholarships	$910,212
Harvard University	Boston, MA	Sec 115	Grants/Scholarships	$903,158
Boston University	Boston, MA	501(c)(3)	Grants/Scholarships	$893,914
University of Alabama - Birmingham	Birmingham, AL	501(c)(3)	Grants/Scholarships	$893,518
University of Central Florida	Orlando, FL	Sec 115	Grants/Scholarships	$890,929
Marshall University	Huntington, WV	501(c)(3)	Grants/Scholarships	$887,513
Illinois State University	Normal, IL	501(c)(3)	Grants/Scholarships	$880,850
University of New Mexico	Albuquerque, NM	501(c)(3)	Grants/Scholarships	$868,347
Ball State University	Muncie, IN	Sec 115	Grants/Scholarships	$860,023
Campbell University	Buies Creek, NC	Sec 115	Grants/Scholarships	$858,401
New Mexico State University	Las Cruces, NM	501(c)(3)	Grants/Scholarships	$857,446
Ohio University	Athens, OH	501(c)(3)	Grants/Scholarships	$856,959
University of Texas - San Antonio	San Antonio, TX	501(c)(3)	Grants/Scholarships	$854,434
Washington State University	Pullman, WA	501(c)(3)	Grants/Scholarships	$850,758
University of North Carolina - Charlotte	Charlotte, NC	Sec 115	Grants/Scholarships	$848,013
University of Tulsa	Tulsa, OK	501(c)(3)	Grants/Scholarships	$846,470
University of Toledo	Toledo, OH	501(c)(3)	Grants/Scholarships	$839,806
University of Houston	Houston, TX	Sec 115	Grants/Scholarships	$832,338
Western Michigan University	Kalamazoo, MI	501(c)(3)	Grants/Scholarships	$826,992
Georgia Southern University	Statesboro, GA	Sec 115	Grants/Scholarships	$825,110
College of William and Mary	Williamsburg, VA	Sec 115	Grants/Scholarships	$823,371
Kent State University	Kent, OH	501(c)(3)	Grants/Scholarships	$817,621
University at Albany	Albany, NY	Sec 115	Grants/Scholarships	$817,156
Quinnipiac University	Hamden, CT	Sec 115	Grants/Scholarships	$815,407
Central Michigan University	Mt Pleasant, MI	501(c)(3)	Grants/Scholarships	$814,641
University of Rhode Island	Kingston, RI	501(c)(3)	Grants/Scholarships	$813,950
Texas Tech University	Lubbock, TX	501(c)(3)	Grants/Scholarships	$808,535
University of New Hampshire	Durham, NH	501(c)(3)	Grants/Scholarships	$808,362
Princeton University	Princeton, NJ	501(c)(3)	Grants/Scholarships	$805,993
Alabama State University	Montgomery, AL	Sec 115	Grants/Scholarships	$802,819
Florida International University	Miami, FL	501(c)(3)	Grants/Scholarships	$801,937
University of Southern Mississippi	Hattiesburg, MS	501(c)(3)	Grants/Scholarships	$790,095
University of South Alabama	Mobile, AL	Sec 115	Grants/Scholarships	$787,048
University of Colorado - Boulder	Boulder, CO	501(c)(3)	Grants/Scholarships	$782,099
Howard University	Washington, DC	501(c)(3)	Grants/Scholarships	$775,429
Kstate Athletics Inc	Manhattan, KS	501(c)(3)	Grants/Scholarships	$769,384
University of Wyoming	Laramie, WY	501(c)(3)	Grants/Scholarships	$766,365
Old Dominion University - Va	Norfolk, VA	Sec 115	Grants/Scholarships	$756,287
Troy University	Troy, AL	501(c)(3)	Grants/Scholarships	$756,221
Texas State University - San Marcos	San Marcos, TX	Sec 115	Grants/Scholarships	$755,531
University of Louisiana - Monroe	Monroe, LA	Sec 115	Grants/Scholarships	$748,711
University of North Texas	Denton, TX	Sec 115	Grants/Scholarships	$745,567
Bryant University	Smithfield, RI	501(c)(3)	Grants/Scholarships	$742,507
Middle Tennessee State University	Murfreesboro, TN	501(c)(4)	Grants/Scholarships	$734,614
Utah State University	Logan, UT	501(c)(3)	Grants/Scholarships	$724,485
Brown University	Providence, RI	501(c)(3)	Grants/Scholarships	$722,584
Grand Canyon University	Phoenix, AZ	501(c)(3)	Grants/Scholarships	$720,507
Kennesaw State University	Kennesaw, GA	Sec 115	Grants/Scholarships	$719,497
Towson University Foundation Inc	Towson, MD	501(c)(3)	Grants/Scholarships	$713,027
Rice University	Houston, TX	501(c)(3)	Grants/Scholarships	$711,945
University of Louisiana - Lafayette	Lafayette, LA	Sec 115	Grants/Scholarships	$711,775
Stony Brook University	Stony Brook, NY	501(c)(3)	Grants/Scholarships	$701,658
Tulane University	New Orleans, LA	501(c)(3)	Grants/Scholarships	$700,606
Eastern Kentucky University	Richmond, KY	Sec 115	Grants/Scholarships	$696,027
Sam Houston State University	Huntsville, TX	501(c)(3)	Grants/Scholarships	$694,664
Colorado State University	Fort Collins, CO	Sec 115	Grants/Scholarships	$685,671
Georgia State University	Atlanta, GA	501(c)(3)	Grants/Scholarships	$683,954
University of Akron	Akron, OH	501(c)(3)	Grants/Scholarships	$681,056
University at Buffalo State University of New York	Buffalo, NY	501(c)(3)	Grants/Scholarships	$675,405
Lafayette College	Easton, PA	501(c)(3)	Grants/Scholarships	$673,696
University of Nevada - Reno	Reno, NV	501(c)(3)	Grants/Scholarships	$672,940
St Francis University - Pa	Loretto, PA	501(c)(3)	Grants/Scholarships	$660,583
Jacksonville State University	Jacksonville, AL	501(c)(3)	Grants/Scholarships	$651,744
Delaware State University	Dover, DE	Sec 115	Grants/Scholarships	$651,124
Cornell University	Ithaca, NY	501(c)(3)	Grants/Scholarships	$650,433
Dartmouth College	Hanover, NH	501(c)(3)	Grants/Scholarships	$644,395
University of Texas - El Paso	El Paso, TX	Sec 115	Grants/Scholarships	$643,322
Yale University	New Haven, CT	501(c)(3)	Grants/Scholarships	$642,296
Wofford College	Spartanburg, SC	501(c)(3)	Grants/Scholarships	$640,037
Southern Illinois University - Carbondale	Carbondale, IL	Sec 115	Grants/Scholarships	$631,520
Elon University	Elon, NC	501(c)(3)	Grants/Scholarships	$627,411
University of Maine	Orono, ME	501(c)(3)	Grants/Scholarships	$620,655
University of Pennsylvania	Philadelphia, PA	501(c)(3)	Grants/Scholarships	$617,153
Georgetown University	Washington, DC	Sec 115	Grants/Scholarships	$615,626
Samford University	Birmingham, AL	Sec 115	Grants/Scholarships	$609,845
Mercer University	Macon, GA	501(c)(3)	Grants/Scholarships	$599,937
Missouri State University	Springfield, MO	Sec 115	Grants/Scholarships	$594,636
Louisiana Tech University	Ruston, LA	501(c)(3)	Grants/Scholarships	$576,884
Abilene Christian University	Abilene, TX	501(c)(3)	Grants/Scholarships	$571,177
University of Richmond	Richmond, VA	501(c)(3)	Grants/Scholarships	$569,566
Western Illinois University	Macomb, IL	501(c)(3)	Grants	$566,350
United States Air Force Academy	Usaf Academy, CO	501(c)(3)	Grants/Scholarships	$562,009
United States Naval Academy	Annapolis, MD	Sec 115	Grants/Scholarships	$559,911
Texas Southern University	Houston, TX	Sec 115	Grants/Scholarships	$559,344
University of Northern Colorado	Greeley, CO	Sec 115	Grants/Scholarships	$548,522
Columbia University - Ny	New York, NY	501(c)(3)	Grants/Scholarships	$540,866
George Mason University	Fairfax, VA	501(c)(3)	Grants/Scholarships	$538,560
Northeastern University	Boston, MA	Sec 115	Grants/Scholarships	$537,878
Murray State University	Murray, KY	501(c)(3)	Grants/Scholarships	$533,085
East Tennessee State University	Johnson City, TN	Sec 115	Grants/Scholarships	$529,331
United States Military Academy	West Point, NY	501(c)(3)	Grants/Scholarships	$521,866
Stephen F Austin State University	Nacogdoches, TX	501(c)(3)	Grants/Scholarships	$520,026
University of Central Arkansas	Conway, AR	501(c)(3)	Grants/Scholarships	$514,394
Furman University	Greenville, SC	501(c)(3)	Grants/Scholarships	$513,212
Conference Carolinas	High Point, NC	501(c)(3)	Grants/Scholarships	$511,687
Eastern Illinois University	Charleston, IL	Sec 115	Grants/Scholarships	$508,661
Hofstra University	Hempstead, NY	501(c)(3)	Grants/Scholarships	$504,390
Pennsylvania State Athletic Conference Inc	Lock Haven, PA	Sec 115	Grants/Scholarships	$502,885
University of Tennessee - Martin	Martin, TN	Sec 115	Grants/Scholarships	$498,504
Great Lakes Valley Conference	Indianapolis, IN	501(c)(3)	Grants/Scholarships	$497,286
Northeast Ten Conference Inc	South Easton, MA	Sec 115	Grants/Scholarships	$495,619
George Washington University	Washington, DC	501(c)(3)	Grants/Scholarships	$494,586
Austin Peay State University	Clarksville, TN	Sec 115	Grants/Scholarships	$492,243
Indiana State University	Terre Haute, IN	501(c)(3)	Grants/Scholarships	$488,999
MOUNT ST MARY'S UNIVERSITY	Emmitsburg, MD	501(c)(3)	Grants/Scholarships	$486,927
South Atlantic Conference	Rock Hill, SC	Sec 115	Grants/Scholarships	$477,718
University of Tennessee - Chattanooga	Chattanooga, TN	Sec 115	Grants/Scholarships	$477,672
Southeast Missouri State University	Cape Girardeau, MO	501(c)(3)	Grants/Scholarships	$470,918
Western Carolina University	Cullowhee, NC	501(c)(3)	Grants/Scholarships	$469,433
Northern Arizona University	Flagstaff, AZ	501(c)(3)	Grants/Scholarships	$469,058
Jackson State University	Jackson, MS	Sec 115	Grants/Scholarships	$460,949
Arkansas State University	State University, AR	Sec 115	Grants/Scholarships	$454,540
Great Midwest Athletic Conference	Greenwood, IN	501(c)(3)	Grants/Scholarships	$452,417
Long Beach State University	Long Beach, CA	501(c)(3)	Grants/Scholarships	$452,281
University of Northern Iowa	Cedar Falls, IA	Sec 115	Grants/Scholarships	$449,045
Siena College	Loudonville, NY	501(c)(3)	Grants/Scholarships	$444,325
Southern Utah University	Cedar City, UT	501(c)(3)	Grants/Scholarships	$439,956
North Carolina A&t State University	Greensboro, NC	Sec 115	Grants/Scholarships	$436,572
Weber State University	Ogden, UT	501(c)(3)	Grants/Scholarships	$434,168
Mountain East Conference	Bridgeport, WV	501(c)(3)	Grants/Scholarships	$434,016
Rocky Mountain Athletic Conference	Colorado Springs, CO	Sec 115	Grants/Scholarships	$431,615
Marist College	Poughkeepsie, NY	501(c)(3)	Grants/Scholarships	$429,804
Binghamton University	Binghamton, NY	Sec 115	Grants/Scholarships	$427,667
Lone Star Conference	Richardson, TX	501(c)(3)	Grants/Scholarships	$425,214
Florida A&m University	Tallahassee, FL	Sec 115	Grants/Scholarships	$424,241
Providence College	Providence, RI	501(c)(3)	Grants/Scholarships	$423,759
Gulf South Conference	Hoover, AL	501(c)(3)	Grants/Scholarships	$423,615
Loyola Marymount University	Los Angeles, CA	501(c)(3)	Grants/Scholarships	$423,000
Northern Sun Intercollegiate Conference	St Paul, MN	Sec 115	Grants	$422,881
Great Lakes Intercollegiate Athletic Conference	Bay City, MI	501(c)(3)	Grants/Scholarships	$411,615
Tennessee Technological University	Cookeville, TN	Sec 115	Grants/Scholarships	$408,051
University of California - Santa Barbara	Santa Barbara, CA	Sec 115	Grants/Scholarships	$402,151
Mid-america Intercollegiate Athletics Association	Kansas City, MO	501(c)(3)	Grants/Scholarships	$398,813
Western Kentucky University	Bowling Green, KY	501(c)(3)	Grants/Scholarships	$396,935
Oakland University	Rochester, MI	501(c)(3)	Grants/Scholarships	$394,965
Grambling State University	Grambling, LA	501(c)(3)	Grants/Scholarships	$390,094
Sunshine State Athletic Conference Inc	Winter Park, FL	501(c)(3)	Grants/Scholarships	$386,813
Duquesne University	Pittsburgh, PA	Sec 115	Grants/Scholarships	$380,847
Southern University - Baton Rouge	Baton Rouge, LA	501(c)(3)	Grants/Scholarships	$378,789
Central Intercollegiate Athletic Assn	Charlotte, NC	501(c)(3)	Grants/Scholarships	$378,702
Pacific West Conference	Newport Beach, CA	501(c)(3)	Grants/Scholarships	$378,653
La Salle University	Philadelphia, PA	501(c)(3)	Grants/Scholarships	$378,241
SAINT JOSEPH'S UNIVERSITY	Philadelphia, PA	501(c)(3)	Grants/Scholarships	$375,006
Central Atlantic Collegiate Conference	New Haven, CT	501(c)(3)	Grants/Scholarships	$372,252
Norfolk State University	Norfolk, VA	501(c)(3)	Grants/Scholarships	$370,315
Butler University	Indianapolis, IN	501(c)(3)	Grants/Scholarships	$368,108
Virginia Commonwealth University	Richmond, VA	501(c)(3)	Grants/Scholarships	$367,527
Portland State University	Portland, OR	Sec 115	Grants/Scholarships	$367,157
Idaho State University	Pocatella, ID	501(c)(3)	Grants/Scholarships	$365,758
Alcorn State University Foundation Incorporated	Alcorn State, MS	501(c)(3)	Grants/Scholarships	$365,297
Great American Conference	Russellville, AR	501(c)(3)	Grants/Scholarships	$362,012
East Coast Conference	Central Islip, NY	Sec 115	Grants/Scholarships	$360,413
Prairie View A&m University	Prairie View, TX	501(c)(3)	Grants/Scholarships	$356,587
Seattle University	Seattle, WA	501(c)(3)	Grants/Scholarships	$354,912
Santa Clara University	Santa Clara, CA	Sec 115	Grants/Scholarships	$354,604
Davidson College	Davidson, NC	501(c)(3)	Grants/Scholarships	$348,555
Foundation at Nj Institute of Technology	Newark, NJ	Sec 115	Grants/Scholarships	$345,038
Great Northwest Athletic Conference	Portland, OR	501(c)(6)	Grants/Scholarships	$343,809
Fairfield University	Fairfield, CT	501(c)(3)	Grants/Scholarships	$341,508
Montana State University - Bozeman	Bozeman, MT	501(c)(3)	Grants/Scholarships	$340,636
Peach Belt Conference	Augusta, GA	501(c)(3)	Grants/Scholarships	$339,611
California State University - Northridge	Northridge, CA	Sec 115	Grants/Scholarships	$337,608
Southern Intercollegiate Athletic Conference	Atlanta, GA	501(c)(3)	Grants/Scholarships	$337,210
University of Maryland - Baltimore County	Baltimore, MD	501(c)(3)	Grants/Scholarships	$336,967
California Collegiate Athletic Association	Walnut Creek, CA	501(c)(3)	Grants/Scholarships	$335,377
Niagara University	Niagara University, NY	Sec 115	Grants/Scholarships	$330,398
Chicago State University	Chicago, IL	501(c)(3)	Grants/Scholarships	$329,147
Canisius College	Buffalo, NY	501(c)(3)	Grants/Scholarships	$328,656
University of North Carolina - Wilmington	Wilmington, NC	Sec 115	Grants/Scholarships	$327,846
University of Vermont and State Agricultural College	Burlington, VT	501(c)(3)	Grants/Scholarships	$324,828
Fairleigh Dickinson University Metropolitan Campus	Teaneck, NJ	501(c)(3)	Grants/Scholarships	$324,314
Rider University	Lawrenceville, NJ	501(c)(3)	Grants/Scholarships	$323,454
Virginia Military Institute	Lexington, VA	501(c)(3)	Grants/Scholarships	$321,788
Charleston Southern University	Charleston, SC	501(c)(3)	Grants/Scholarships	$317,937
University of Massachusetts - Lowell	Lowell, MA	Sec 115	Grants/Scholarships	$317,800
University of North Florida	Jacksonville, FL	Sec 115	Grants/Scholarships	$316,387
ST JOHN'S UNIVERSITY - NEW YORK	Jamaica, NY	501(c)(3)	Grants/Scholarships	$314,812
Citadel (the)	Charleston, SC	Sec 115	Grants/Scholarships	$314,713
Xavier University	Cincinnati, OH	501(c)(3)	Grants/Scholarships	$311,836
Cleveland State University	Cleveland, OH	Sec 115	Grants/Scholarships	$307,272
University of Idaho	Moscow, ID	Sec 115	Grants/Scholarships	$305,707
University of California - Irvine	Irvine, CA	501(c)(3)	Grants/Scholarships	$303,900
Robert Morris University	Moon Township, PA	501(c)(3)	Grants/Scholarships	$301,685
Alabama A&m University	Normal, AL	Sec 115	Grants/Scholarships	$298,915
Tennessee State University	Nashville, TN	Sec 115	Grants/Scholarships	$292,940
Manhattan College	Riverdale, NY	501(c)(3)	Grants/Scholarships	$290,305
Lipscomb University	Nashville, TN	501(c)(3)	Grants/Scholarships	$289,970
University of Montana	Missoula, MT	Sec 115	Grants/Scholarships	$287,484
St Bonaventure University	Saint Bonaventure, NY	Sec 115	Grants/Scholarships	$284,970
Hampton University	Hampton, VA	501(c)(3)	Grants/Scholarships	$284,835
Iona University	New Rochelle, NY	501(c)(3)	Grants/Scholarships	$282,288
University of San Diego	San Diego, CA	501(c)(3)	Grants/Scholarships	$281,544
University of Illinois - Chicago	Chicago, IL	501(c)(3)	Grants/Scholarships	$280,585
Creighton University	Omaha, NE	501(c)(3)	Grants/Scholarships	$280,406
California State University - Fullerton	Fullerton, CA	Sec 115	Grants/Scholarships	$275,427
Utah Valley University	Orem, UT	Sec 115	Grants/Scholarships	$272,775
Drake University	Des Moines, IA	501(c)(3)	Grants/Scholarships	$270,305
Valparaiso University	Valparaiso, IN	501(c)(3)	Grants/Scholarships	$268,174
St Louis University	St Louis, MO	501(c)(3)	Grants/Scholarships	$263,805
High Point University	High Point, NC	501(c)(3)	Grants/Scholarships	$263,608
Morehead State University	Morehead, KY	501(c)(3)	Grants/Scholarships	$257,345
Belmont University	Nashville, TN	501(c)(3)	Grants/Scholarships	$256,195
Jacksonville University	Jacksonville, FL	501(c)(3)	Grants/Scholarships	$254,710
Stetson University	Deland, FL	Sec 115	Grants/Scholarships	$253,753
Central Connecticut State University	New Britain, CT	Sec 115	Grants/Scholarships	$251,942
ST MARY'S COLLEGE OF CALIFORNIA	Moraga, CA	501(c)(3)	Grants/Scholarships	$250,331
North Carolina Central University	Durham, NC	Sec 115	Grants/Scholarships	$249,952
Women Leaders in College Sports	Kansas City, MO	Sec 115	Grants/Scholarships	$249,550
South Carolina State University	Orangeburg, SC	501(c)(3)	Grants/Scholarships	$249,515
University of Wisconsin - Milwaukee Alumni Association Inc	Milwaukee, WI	501(c)(3)	Grants/Scholarships	$244,009
Corporation of Gonzaga University	Spokane, WA	501(c)(3)	Grants/Scholarships	$239,778
College of Charleston - Sc	Charleston, SC	Sec 115	Grants/Scholarships	$239,230
Indiana University - Indianapolis	Indianapolis, IN	Sec 115	Grants/Scholarships	$239,093
Presbyterian College	Clinton, SC	501(c)(3)	Grants/Scholarships	$238,765
University of North Carolina - Greensboro	Greensboro, NC	Sec 115	Grants/Scholarships	$237,779
Pepperdine University	Malibu, CA	501(c)(3)	Grants/Scholarships	$235,462
University of San Francisco	San Francisco, CA	501(c)(3)	Grants/Scholarships	$235,278
University of Texas - Rio Grande Valley	Edinburg, TX	501(c)(3)	Grants/Scholarships	$223,880
Northern Kentucky University	Newport, KY	Sec 115	Grants/Scholarships	$218,716
Southern Illinois University - Edwardsville	Edwardsville, IL	501(c)(3)	Grants/Scholarships	$214,453
Drexel University	Philadelphia, PA	501(c)(3)	Grants/Scholarships	$210,205
Mississippi Valley State University	Itta Bena, MS	Sec 115	Grants/Scholarships	$209,971
University of the Pacific	Stockton, CA	501(c)(3)	Grants/Scholarships	$207,816
Florida Gulf Coast University	Ft Myers, FL	501(c)(3)	Grants/Scholarships	$207,646
University of California - Riverside	Riverside, CA	501(c)(3)	Grants/Scholarships	$206,386
California State University - Bakersfield	Bakersfield, CA	Sec 115	Grants/Scholarships	$204,492
Loyola University Maryland	Baltimore, MD	501(c)(3)	Grants/Scholarships	$202,111
Eastern Washington University	Cheney, WA	501(c)(3)	Grants/Scholarships	$201,892
University of Dayton	Dayton, OH	501(c)(3)	Grants/Scholarships	$201,604
University of Detroit Mercy	Detroit, MI	501(c)(3)	Grants/Scholarships	$200,029
Morgan State University Foundation Inc	Baltimore, MD	501(c)(3)	Grants/Scholarships	$198,261
Marquette University	Milwaukee, WI	501(c)(3)	Grants/Scholarships	$197,451
University of Arkansas - Pine Bluff	Pine Bluff, AR	501(c)(3)	Grants/Scholarships	$195,121
Seton Hall University	South Orange, NJ	501(c)(3)	Grants/Scholarships	$190,564
Bethune-cookman University	Daytona Beach, FL	501(c)(3)	Grants/Scholarships	$189,194
North Atlantic Conference Inc	Whitingham, VT	Sec 115	Grants	$187,350
National Association of Collegiate Directors of Athletics	Westlake, OH	501(c)(3)	Membership Dues	$186,365
University of Portland	Portland, OR	Sec 115	Grants/Scholarships	$183,508
Wichita State University	Wichita, KS	501(c)(3)	Grants/Scholarships	$183,374
University of South Carolina - Upstate	Spartanburg, SC	501(c)(3)	Grants/Scholarships	$183,089
Minnesota Intercollegiate Athletic Conference	Bloomington, MN	Sec 115	Grants	$181,820
University of Maryland Eastern Shore National Alumni Association	Princess Anne, MD	Sec 115	Grants/Scholarships	$176,955
Coppin State University Development Foundation Inc	Baltimore, MD	501(c)(3)	Grants/Scholarships	$174,874
Purdue University - Fort Wayne	Ft Wayne, IN	501(c)(3)	Grants/Scholarships	$174,776
SAINT PETER'S UNIVERSITY	Jersey City, NJ	501(c)(3)	Grants/Scholarships	$172,847
United East Conference	Latham, NY	Sec 115	Grants	$170,943
University of North Carolina - Asheville	Asheville, NC	501(c)(3)	Grants/Scholarships	$167,736
Ohio Athletic Conference	Youngstown, OH	501(c)(3)	Grants	$165,227
University of Texas - Arlington	Arlington, TX	Sec 115	Grants/Scholarships	$164,051
Bradley University	Peoria, IL	501(c)(3)	Grants/Scholarships	$162,879
American University	Washington, DC	501(c)(3)	Grants/Scholarships	$159,631
Radford University	Radford, VA	501(c)(3)	Grants/Scholarships	$159,086
University of Arkansas - Little Rock	Little Rock, AR	Sec 115	Grants/Scholarships	$152,750
Depaul University	Chicago, IL	501(c)(6)	Grants/Scholarships	$149,631
Winthrop University	Rock Hill, SC	Sec 115	Grants/Scholarships	$149,227
WeCOACH INC	San Jose, CA	501(c)(3)	Contributions	$132,500
Great Northeast Athletic Conference Inc	Winthrop, MA	501(c)(3)	Grants	$132,412
Middle Atlantic Conferences	Annville, PA	Sec 115	Grants	$132,412
Presidents Athletic Conference	Wexford, PA	501(c)(3)	Grants	$130,651
University of Evansville	Evansville, IN	501(c)(3)	Grants/Scholarships	$130,344
Loyola University - Chicago	Chicago, IL	501(c)(3)	Grants/Scholarships	$129,769
Old Dominion Athletic Conference	Forest, VA	Sec 115	Grants	$126,881
Michigan Intercollegiate Athletic Association	Freeland, MI	Sec 115	Grants	$126,696
Northwest Conference	Forest Grove, OR	501(c)(3)	Grants	$126,696
Northern Athletics Conference Inc	Milwaukee, WI	501(c)(3)	Grants	$121,350
Wisconsin Intercollegiate Athletic Conference	Madison, WI	501(c)(3)	Grants	$121,165
College Sports Communicators Inc	Ithaca, NY	501(c)(6)	Grants/Sponsorships	$119,000
NEW ENGLAND WOMEN'S AND MEN'S ATHLETIC CONFERENCE	Babson Park, MA	501(c)(3)	Grants	$110,289
Skyline Conference Inc	New York, NY	Sec 115	Grants	$110,289
Franklin & Marshall College	Lancaster, PA	501(c)(3)	Grants	$105,258
New England Small College Athletic Conference	Hadley, MA	501(c)(3)	Grants	$104,758
Allegheny Mountain Conference	Orchard Park, NY	Sec 115	Grants	$102,860
Liberty League	Troy, NY	501(c)(3)	Grants	$101,992
Rockhurst University	Kansas City, MO	501(c)(3)	Grants/Scholarships	$100,091
Lamar University	Beaumont, TX	501(c)(3)	Grants	$100,000
Northwestern State University	Natchitoches, LA	501(c)(3)	Grants	$100,000
University of New Orleans	New Orleans, LA	Sec 115	Scholarships	$99,400
Heartland Collegiate Athletic Conference	Greenwood, IN	Sec 115	Grants/Scholarships	$99,227
Landmark Conference	Marshfield, MA	501(c)(3)	Grants	$99,227
New Jersey Athletic Conference	Pitman, NJ	501(c)(3)	Grants	$99,227
State University of New York Athletic Conference	Cortland, NY	501(c)(3)	Grants	$99,227
USA South Athletic Conference	Rome, GA	Sec 115	Grants	$99,227
College Conference of Illinois & Wisconsin	Naperville, IL	501(c)(3)	Grants	$94,196
American Rivers Conference Inc	Cedar Rapids, IA	501(c)(3)	Grants	$93,696
American Southwest Conference	Richardson, TX	501(c)(3)	Grants	$93,696
Collegiate Conference of the South	Brandon, MS	501(c)(3)	Grants	$93,696
Commonwealth Coast Conference	Springfield, MA	501(c)(3)	Grants	$93,696
Empire Eight Conference	Hilton, NY	Sec 115	Grants	$93,696
Little East Conference Inc	North Providence, RI	501(c)(3)	Grants	$93,696
North Coast Athletic Conference	Westlake, OH	501(c)(3)	Grants	$93,696
Southern California Intercollegiate Athletic Conference Inc	Pasadena, CA	501(c)(3)	Grants	$93,696
Southern Collegiate Athletic Conference	Lawrenceville, GA	501(c)(3)	Grants	$93,696
St Louis Intercollegiate Athletic Conference	Carlinville, IL	501(c)(3)	Grants	$93,696
The Midwest Conference Inc	Grinnell, IA	Sec 115	Grants	$93,696
Atlantic East Conference Association	Lancaster, PA	501(c)(3)	Grants	$90,044
Massachusetts State Collegiate Athletic Conference	Westfield, MA	501(c)(3)	Grants	$88,165
Research Foundation of the City University of New York	New York, NY	501(c)(3)	Grants	$88,165
Southern Athletic Association	Atlanta, GA	501(c)(3)	Grants	$88,165
Upper Midwest Athletic Conference	St Paul, MN	501(c)(3)	Grants	$88,165
Rollins College	Winter Park, FL	501(c)(3)	Grants/Scholarships	$87,406
University Athletic Association	Rochester, NY	Sec 115	Grants	$85,900
Longwood University	Farmville, VA	Sec 115	Grants/Scholarships	$85,769
Grand Valley State University	Allendale, MI	Sec 115	Grants	$85,478
The Elizabeth City State Univ Foundation	Elizabeth City, NC	501(c)(3)	Grants	$82,745
Roberts Wesleyan University	Rochester, NY	501(c)(3)	Grants/Scholarships	$82,341
Auburn University at Montgomery	Montgomery, AL	501(c)(3)	Grants	$81,945
University of Wisconsin - Green Bay Foundation Inc	Green Bay, WI	Sec 115	Grants/Scholarships	$81,591
Pennsylvania Western University	Edinboro, PA	501(c)(3)	Grants	$81,211
Wayne State College - Ne	Wayne, NE	Sec 115	Grants	$80,931
Minority Opportunities Athletic Association	Westlake, OH	501(c)(3)	Grants	$77,415
Capital Athletic Conference	Fredericksburg, VA	501(c)(3)	Grants	$77,103
Emory University	Atlanta, GA	501(c)(3)	Grants/Scholarships	$76,000
Wright State University	Dayton, OH	501(c)(3)	Grants	$75,459
Division Ii Athletic Directors Association	Westlake, OH	501(c)(3)	Grants	$75,000
Division Ii Conference Commissioner Association	High Point, NC	501(c)(3)	Grants	$75,000
National Association for Athletics Compliance	Westlake, OH	501(c)(6)	Grants	$75,000
Chestnut Hill College of the Sisters of St Joseph	Philadelphia, PA	501(c)(3)	Grants	$74,641
Catawba College	Salisbury, NC	501(c)(3)	Grants/Scholarships	$73,928
Purdue Northwest University	Hammond, IN	Sec 115	Grants/Scholarships	$73,728
Shenandoah University	Winchester, VA	Sec 115	Grants/Scholarships	$70,713
Indiana Sports Corporation	Indianapolis, IN	501(c)(3)	Sponsorships	$70,000
Amherst College Trustees	Amherst, MA	501(c)(3)	Grants	$66,500
Averett University	Danville, VA	501(c)(3)	Grants	$66,000
Carleton College	Northfield, MN	501(c)(3)	Grants	$66,000
Carnegie Mellon University	Pittsburgh, PA	501(c)(3)	Grants/Scholarships	$66,000
College of St Benedict	St Joseph, MN	501(c)(3)	Grants	$66,000
Ferrum College	Ferrum, VA	501(c)(3)	Grants	$66,000
Grinnell College	Grinnell, IA	501(c)(3)	Grants	$66,000
Hampden-sydney College	Hampdensydney, VA	501(c)(3)	Grants	$66,000
Keuka College	Keuka Park, NY	501(c)(3)	Grants	$66,000
La Grange College	La Grange, GA	501(c)(3)	Grants	$66,000
Methodist University	Fayetteville, NC	501(c)(3)	Grants	$66,000
Rivier University	Nashua, NH	501(c)(3)	Grants	$66,000
Wesleyan University	Middletown, CT	501(c)(3)	Grants	$66,000
Ohio State University	Columbus, OH	Sec 115	Scholarships	$65,660
Ohio Dominican University	Columbus, OH	Sec 115	Grants	$65,641
Professional Association of Volleyball Officials	Ashburn, VA	501(c)(3)	Grants	$65,000
Commonwealth University of Pennsylvania	Bloomsburg, PA	501(c)(3)	Grants	$64,817
University of Michigan	Ann Arbor, MI	501(c)(5)	Grants/Scholarships	$64,000
Converse University	Spartanburg, SC	501(c)(3)	Grants	$61,103
Virginia Polytechnic Institute & State University	Blacksburg, VA	Sec 115	Scholarships	$60,386
University of Louisville	Louisville, KY	501(c)(3)	Scholarships	$59,260
Connecticut College	New London, CT	501(c)(3)	Grants	$57,500
Juniata College	Huntingdon, PA	501(c)(3)	Grants	$57,500
Lawrence University	Appleton, WI	501(c)(3)	Grants	$57,500
State University of New York at Oswego	Oswego, NY	Sec 115	Grants	$57,500
University of Georgia	Athens, GA	Sec 115	Scholarships	$56,100
Mcmurry University	Abilene, TX	501(c)(3)	Grants	$54,888
University of Alabama - Huntsville	Huntsville, AL	Sec 115	Grants	$54,141
Bluefield State University Foundation Inc	Bluefield, WV	501(c)(3)	Grants	$52,266
University of Iowa	Iowa City, IA	Sec 115	Scholarships	$50,440
Lee University	Cleveland, TN	501(c)(3)	Grants/Scholarships	$50,271
John Mclendon Minority Leadership Initiative Foundation	Westlake, OH	501(c)(3)	Contributions	$50,000
Minnesota State University - Mankato	Mankato, MN	Sec 115	Grants/Scholarships	$48,396
Barton College	Wilson, NC	501(c)(3)	Grants/Scholarships	$48,260
Barry University Inc	Miami Shores, FL	501(c)(3)	Grants/Scholarships	$48,141
Pace University	Pleasantville, NY	501(c)(3)	Grants	$47,928
Lincoln Memorial University	Harrogate, TN	501(c)(3)	Grants	$47,728
Smith College	Northampton, MA	501(c)(3)	Grants	$47,167
Palm Beach Atlantic University	West Palm Beach, FL	501(c)(3)	Grants	$46,920
Lenoir-rhyne University	Hickory, NC	501(c)(3)	Grants	$46,841
Rogers State University	Claremore, OK	501(c)(3)	Grants	$46,841
Tiffin University	Tiffin, OH	501(c)(3)	Grants	$46,841
Rising Media Stars Inc	Atlanta, GA	501(c)(3)	Scholarships	$45,000
Missouri Western State University	St Joseph, MO	501(c)(3)	Grants/Scholarships	$44,667
Florida Institute of Technology	Melbourne, FL	Sec 115	Grants/Scholarships	$44,641
St Thomas Aquinas College	Sparkill, NY	501(c)(3)	Grants	$43,978
Upper Iowa University	Fayette, IA	501(c)(3)	Grants	$43,881
University of Texas - Permian Basin	Odessa, TX	Sec 115	Grants	$43,341
Kutztown University of Pennsylvania	Kutztown, PA	501(c)(3)	Grants/Scholarships	$42,951
Pomona - Pitzer Colleges	Claremont, CA	Sec 115	Grants	$42,000
Simpson College	Indianola, IA	501(c)(3)	Grants	$42,000
Williams College	Williamstown, MA	501(c)(3)	Grants	$42,000
Biola University	La Mirada, CA	501(c)(3)	Grants	$41,641
Duke University	Durham, NC	501(c)(3)	Scholarships	$40,000
Vanderbilt University	Nashville, TN	Sec 115	Grants/Scholarships	$40,000
East Central University	Ada, OK	501(c)(3)	Grants	$39,930
Slippery Rock University of Pennsylvania	Slippery Rock, PA	501(c)(3)	Grants/Scholarships	$39,515
Houston Christian University	Houston, TX	Sec 115	Grants	$39,481
Davenport University	Grand Rapids, MI	501(c)(3)	Grants	$39,442
Ursuline College	Pepper Pike, OH	501(c)(3)	Grants	$38,992
Eckerd College	St Petersburg, FL	501(c)(3)	Scholarships	$38,641
Babson College	Babson Park, MA	501(c)(3)	Grants	$38,167
Goucher College	Baltimore, MD	Sec 115	Grants	$38,167
Suffolk University	Boston, MA	501(c)(3)	Grants	$38,167
Concordia University - St Paul	St Paul, MN	501(c)(3)	Grants/Scholarships	$37,933
Northwest Nazarene University	Nampa, ID	Sec 115	Grants	$37,928
Winona State University	Winona, MN	Sec 115	Grants/Scholarships	$37,326
Trevecca Nazarene University	Nashville, TN	Sec 115	Grants	$36,841
Rochester Institute of Technology	Rochester, NY	501(c)(3)	Grants	$36,667
Mckendree University	Lebanon, IL	501(c)(3)	Grants	$35,641
Mississippi College	Clinton, MS	501(c)(3)	Grants/Scholarships	$34,641
St Cloud State University	St Cloud, MN	501(c)(3)	Grants	$33,895
American Medical Society for Sports Medicine Foundation Inc	Leawood, KS	501(c)(3)	Contributions	$33,100
Eureka College	Eureka, IL	501(c)(3)	Grants	$33,000
Johns Hopkins University	Baltimore, MD	501(c)(3)	Scholarships	$33,000
Johnson and Wales University(providence)	Providence, RI	501(c)(3)	Grants	$33,000
KING'S COLLEGE-PENNSYLVANIA	Wilkesbarre, PA	Sec 115	Grants	$33,000
Millikin University	Decatur, IL	501(c)(3)	Grants	$33,000
Misericordia University	Dallas, PA	501(c)(3)	Grants	$33,000
Mount Holyoke College	South Hadley, MA	501(c)(3)	Grants	$33,000
Mount St Joseph University	Cincinnati, OH	501(c)(3)	Grants	$33,000
Otterbein University	Westerville, OH	501(c)(3)	Grants	$33,000
Pennsylvania College of Technology	Williamsport, PA	501(c)(3)	Grants	$33,000
Rose-hulman Institute of Technology	Terre Haute, IN	501(c)(3)	Grants	$33,000
Rutgers-state University of New Jersey-newark	Newark, NJ	501(c)(3)	Grants	$33,000
ST MARY'S COLLEGE OF MARYLAND	St Marys City, MD	Sec 115	Grants	$33,000
Saint Vincent College	Latrobe, PA	Sec 115	Grants	$33,000
University of Dubuque	Dubuque, IA	501(c)(6)	Grants	$33,000
University of Massachusetts-boston	Boston, MA	Sec 115	Grants	$33,000
University of Northwestern-st Paul	St Paul, MN	501(c)(3)	Grants	$33,000
University of Saint Joseph (connecticut)	West Hartford, CT	501(c)(3)	Grants	$33,000
University of Wisconsin-superior	Superior, WI	Sec 115	Grants	$33,000
Washington & Lee University	Lexington, VA	501(c)(3)	Grants	$33,000
Westfield State University	Westfield, MA	501(c)(3)	Grants	$33,000
University of New Haven	West Haven, CT	Sec 115	Grants/Scholarships	$32,677
Truman State University Foundation	Kirksville, MO	501(c)(3)	Grants	$32,653
University of Indianapolis	Indianapolis, IN	501(c)(3)	Grants	$31,877
Sonoma State University	Rohnert Park, CA	501(c)(3)	Grants/Scholarships	$31,702
Fairmont State University	Fairmont, WV	501(c)(3)	Grants/Scholarships	$31,539
Johnson C Smith University	Charlotte, NC	501(c)(3)	Grants	$31,228
San Francisco State University	San Francisco, CA	Sec 115	Grants	$31,122
TEXAS WOMAN'S UNIVERSITY	Denton, TX	501(c)(3)	Grants/Scholarships	$31,010
East Stroudsburg University of Pennsylvania	East Stroudsburg, PA	Sec 115	Grants	$30,641
Lynn University	Boca Raton, FL	501(c)(3)	Grants/Scholarships	$30,641
Saginaw Valley State University	University Center, MI	501(c)(3)	Grants	$30,641
Shippensburg University Student Services Inc	Shippensburg, PA	501(c)(3)	Grants/Scholarships	$30,641
West Texas A&m University	Canyon, TX	501(c)(3)	Grants	$30,641
Minnesota State University - Moorhead	Moorhead, MN	501(c)(3)	Grants/Scholarships	$30,389
Florida Southern College	Lakeland, FL	501(c)(3)	Grants/Scholarships	$30,141
Northwestern University	Evanston, IL	501(c)(3)	Scholarships	$30,000
United Soccer Coaches Association	Kansas City, MO	501(c)(3)	Contributions	$30,000
University of South Carolina-columbia	Columbia, SC	Sec 115	Scholarships	$30,000
University of Hawaii - Hilo	Hilo, HI	Sec 115	Grants	$29,895
Benedict College	Columbia, SC	501(c)(3)	Grants	$29,841
Northwest Missouri State University	Maryville, MO	501(c)(3)	Grants	$29,841
SAINT AUGUSTINE'S UNIVERSITY	Raleigh, NC	501(c)(3)	Grants	$29,841
University of Central Oklahoma	Edmond, OK	501(c)(3)	Grants/Scholarships	$29,841
Caldwell University	Caldwell, NJ	501(c)(3)	Grants/Scholarships	$29,728
University of Mount Olive	Mount Olive, NC	501(c)(3)	Grants/Scholarships	$29,077
Hiram College	Hiram, OH	501(c)(3)	Grants	$28,500
Lake Superior State University	Sault Ste Marie, MI	Sec 115	Grants/Scholarships	$27,625
Northern Michigan University	Marquette, MI	501(c)(3)	Grants/Scholarships	$27,421
North Greenville University	Tigerville, SC	501(c)(3)	Grants	$26,521
Fort Hays State Athletic Association	Hays, KS	Sec 115	Grants	$26,228
Texas A&m University-college Station	College Station, TX	501(c)(3)	Grants/Scholarships	$25,954
Southwest Minnesota State University	Marshall, MN	501(c)(3)	Grants	$25,793
Ferris State University	Big Rapids, MI	501(c)(3)	Grants/Scholarships	$25,641
Regis University - Co	Denver, CO	501(c)(3)	Grants/Scholarships	$25,641
Southern New Hampshire University	Manchester, NH	Sec 115	Grants	$25,035
Indianapolis Public Schools Foundation	Indianapolis, IN	501(c)(3)	Contributions	$25,000
Augusta University	Augusta, GA	501(c)(3)	Grants	$24,587
Montana State University - Billings	Billings, MT	501(c)(3)	Grants	$23,996
University of Colorado - Colorado Springs	Colorado Springs, CO	Sec 115	Grants/Scholarships	$23,471
Wilmington University	New Castle, DE	501(c)(3)	Grants	$23,095
Miles College	Fairfield, AL	501(c)(3)	Grants	$22,815
Southern Arkansas University	Magnolia, AR	501(c)(3)	Grants/Scholarships	$22,815
University of North Georgia	Dahlonega, GA	Sec 115	Grants	$22,815
University of Tampa	Tampa, FL	Sec 115	Grants/Scholarships	$22,815
Texas A&m International University	Laredo, TX	Sec 115	Grants/Scholarships	$22,710
Black Hills State University Foundation	Spearfish, SD	501(c)(3)	Grants	$22,228
University of Central Missouri	Warrensburg, MO	Sec 115	Grants	$22,228
Hawaii Pacific University	Honolulu, HI	501(c)(3)	Grants/Scholarships	$21,891
Belmont Abbey College	Belmont, NC	501(c)(3)	Grants	$21,728
California State University San Marcos Foundation	San Marcos, CA	501(c)(3)	Grants	$21,728
Georgian Court University	Lakewood, NJ	Sec 115	Grants	$21,728
Molloy College	Rockville Centre, NY	501(c)(3)	Grants	$21,728
Northwood University (michigan)	Midland, MI	501(c)(3)	Grants	$21,728
Point Loma Nazarene University	San Diego, CA	501(c)(3)	Grants	$21,728
ST EDWARD'S UNIVERSITY INC	Austin, TX	501(c)(3)	Grants	$21,728
Saint Anselm College	Manchester, NH	501(c)(3)	Grants	$21,728
Seattle Pacific University	Seattle, WA	501(c)(3)	Grants	$21,728
South Dakota School of Mines & Technology Foundation	Rapid City, SD	Sec 115	Grants	$21,728
Southwest Baptist University	Bolivar, MO	Sec 115	Grants	$21,728
Union University	Jackson, TN	501(c)(3)	Grants	$21,728
University of Montevallo	Montevallo, AL	501(c)(3)	Grants	$21,728
Virginia State University	Petersburg, VA	501(c)(3)	Grants	$21,728
West Liberty University	West Liberty, WV	Sec 115	Grants	$21,728
THE UNIVERSITY OF VIRGINIA'S COLLEGE AT WISE FOUNDATION INC	Wise, VA	501(c)(3)	Grants	$21,641
Winston-salem State University	Winstonsalem, NC	501(c)(3)	Grants	$21,635
Arkansas Tech University	Russellville, AR	Sec 115	Grants	$21,141
Ashland University	Ashland, OH	501(c)(3)	Grants	$21,141
Bemidji State University	Bemidji, MN	Sec 115	Grants	$21,141
Cameron University Foundation Inc	Lawton, OK	501(c)(3)	Grants	$21,141
Colorado Mesa University	Grand Junction, CO	Sec 115	Grants	$21,141
Dallas Baptist University	Dallas, TX	501(c)(3)	Grants	$21,141
Franklin Pierce University	Rindge, NH	501(c)(3)	Grants	$21,141
Lees-mcrae College	Banner Elk, NC	501(c)(3)	Grants	$21,141
University of Nebraska - Kearney	Kearney, NE	501(c)(3)	Grants	$21,141
University of North Carolina - Pembroke	Pembroke, NC	Sec 115	Grants	$21,141
Walsh University	North Canton, OH	Sec 115	Grants	$21,141
Wayne State University - Mi	Detroit, MI	501(c)(3)	Grants	$21,141
Adams State University	Alamosa, CO	Sec 115	Grants	$20,641
Adelphi University	Garden City, NY	501(c)(3)	Grants	$20,641
Albany State University Foundation Inc	Albany, GA	501(c)(3)	Grants	$20,641
American International College	Springfield, MA	501(c)(3)	Grants	$20,641
Anderson University - South Carolina	Anderson, SC	501(c)(3)	Grants	$20,641
Angelo State University	San Angelo, TX	Sec 115	Grants	$20,641
Associated Students California State University San Bernardino	San Bernardino, CA	501(c)(3)	Grants	$20,641
Assumption University	Worcester, MA	501(c)(3)	Grants	$20,641
Augustana University-sd	Sioux Falls, SD	501(c)(3)	Grants	$20,641
Azusa Pacific University	Azusa, CA	501(c)(3)	Grants	$20,641
Bentley University	Waltham, MA	501(c)(3)	Grants	$20,641
Bloomfield College	Bloomfield, NJ	501(c)(3)	Grants	$20,641
Bowie State University Foundation Inc	Bowie, MD	501(c)(3)	Grants	$20,641
California State University - Chico	Chico, CA	Sec 115	Grants	$20,641
California State University - East Bay	Hayward, CA	Sec 115	Grants	$20,641
California State University - Monterey Bay	Seaside, CA	Sec 115	Grants	$20,641
California State University - Stanislaus	Turlock, CA	Sec 115	Grants	$20,641
California State University Dominguez Hills Philanthropic Foundation	Carson, CA	501(c)(3)	Grants	$20,641
California State University Los Angeles Foundation	Los Angeles, CA	501(c)(3)	Grants	$20,641
Cambria Somerset Council for Educ of Health Professionals Inc	Johnstown, PA	501(c)(3)	Grants	$20,641
Carson-newman College	Jefferson City, TN	501(c)(3)	Grants	$20,641
Cedarville University	Cedarville, OH	501(c)(3)	Grants	$20,641
Central State University	Wilberforce, OH	501(c)(3)	Grants	$20,641
Central Washington University	Ellensburg, WA	Sec 115	Grants	$20,641
Chadron State College	Chadron, NE	Sec 115	Grants	$20,641
Chaminade University	Honolulu, HI	501(c)(3)	Grants	$20,641
Chowan University	Murfreesburo, NC	501(c)(3)	Grants	$20,641
Christian Brothers University	Memphis, TN	501(c)(3)	Grants	$20,641
Claflin University	Orangeburg, SC	501(c)(3)	Grants	$20,641
Clayton State University	Morrow, GA	Sec 115	Grants	$20,641
Coker University	Hartsville, SC	501(c)(3)	Grants	$20,641
College of Saint Rose (the)	Albany, NY	501(c)(3)	Grants	$20,641
College of Staten Island Foundation Inc	Staten Island, NY	501(c)(3)	Grants	$20,641
Colorado Christian University	Lakewood, CO	501(c)(3)	Grants	$20,641
Colorado School of Mines	Golden, CO	Sec 115	Grants	$20,641
Colorado State University Pueblo	Pueblo, CO	Sec 115	Grants	$20,641
Columbus State University	Columbus, GA	Sec 115	Grants	$20,641
Concord University	Athens, WV	Sec 115	Grants	$20,641
Concordia University - Irvine	Irvine, CA	Sec 115	Grants	$20,641
Daemen University	Amherst, NY	501(c)(3)	Grants	$20,641
Davis and Elkins College	Elkins, WV	501(c)(3)	Grants	$20,641
Delta State University	Cleveland, MS	501(c)(3)	Grants	$20,641
Dominican University - Ny	Orangeburg, NY	501(c)(3)	Grants	$20,641
Dominican University of California	San Rafael, CA	501(c)(3)	Grants	$20,641
Drury University	Springfield, MO	501(c)(3)	Grants	$20,641
Eastern New Mexico University	Portales, NM	Sec 115	Grants	$20,641
Embry Riddle Aeronautical University Inc	Daytona Beach, FL	501(c)(3)	Grants	$20,641
Emporia State University	Emporia, KS	501(c)(3)	Grants	$20,641
Erskine College	Due West, SC	501(c)(3)	Grants	$20,641
Fayetteville State University	Fayetteville, NC	501(c)(3)	Grants	$20,641
Felician University	Lodi, NJ	501(c)(3)	Grants	$20,641
Flagler College	St Augustine, FL	501(c)(3)	Grants	$20,641
Fort Lewis College	Durango, CO	501(c)(3)	Grants	$20,641
Fort Valley State University	Fort Valley, GA	501(c)(3)	Grants	$20,641
Francis Marion University	Florence, SC	501(c)(3)	Grants	$20,641
Fresno Pacific University	Fresno, CA	501(c)(3)	Grants	$20,641
Frostburg State University Foundation	Frostburg, MD	501(c)(3)	Grants	$20,641
Gannon University	Erie, PA	501(c)(3)	Grants	$20,641
Georgia College & State University	Milledgeville, GA	501(c)(3)	Grants	$20,641
Georgia Southwestern State University	Americus, GA	Sec 115	Grants	$20,641
Glenville State University	Glenville, WV	501(c)(3)	Grants	$20,641
Goldey Beacom College	Wilmington, DE	501(c)(3)	Grants	$20,641
Harding University	Searcy, AR	501(c)(3)	Grants	$20,641
Henderson State University	Arkadelphia, AR	501(c)(3)	Grants	$20,641
Hillsdale College	Hillsdale, MI	501(c)(3)	Grants	$20,641
Holy Family University	Philadelphia, PA	501(c)(3)	Grants	$20,641
Indiana University of Pennsylvania	Indiana, PA	501(c)(3)	Grants	$20,641
Kentucky Wesleyan College	Owensboro, KY	501(c)(3)	Grants	$20,641
King University	Bristol, TN	Sec 115	Grants	$20,641
Lake Erie College	Painesville, OH	501(c)(3)	Grants	$20,641
Lander University	Greenwood, SC	501(c)(3)	Grants	$20,641
Lane College	Jackson, TN	501(c)(3)	Grants	$20,641
Lewis University	Romeoville, IL	501(c)(3)	Grants	$20,641
Limestone University	Gaffney, SC	501(c)(3)	Grants	$20,641
Lincoln University - Mo	Jefferson City, MO	501(c)(3)	Grants	$20,641
Lincoln University - Pa	Lincoln University, PA	501(c)(3)	Grants	$20,641
Livingstone College	Salisbury, NC	501(c)(3)	Grants	$20,641
Lubbock Christian University	Lubbock, TX	501(c)(3)	Grants	$20,641
Malone University	Canton, OH	501(c)(3)	Grants	$20,641
Mars Hill University	Mars Hill, NC	Sec 115	Grants	$20,641
Maryville University of St Louis	St Louis, MO	501(c)(3)	Grants	$20,641
Mercy University	Dobbs Ferry, NY	501(c)(3)	Grants	$20,641
Mercyhurst University	Erie, PA	501(c)(3)	Grants	$20,641
Metropolitan State University of Denver	Denver, CO	501(c)(3)	Grants	$20,641
Michigan Technological University	Houghton, MI	501(c)(3)	Grants	$20,641
Midwestern State University	Wichita Falls, TX	501(c)(3)	Grants	$20,641
Millersville University Foundation	Millersville, PA	501(c)(3)	Grants	$20,641
Minot State University	Minot, ND	501(c)(3)	Grants	$20,641
Missouri Southern State University	Joplin, MO	Sec 115	Grants	$20,641
Missouri University of Science and Technology	Rolla, MO	501(c)(3)	Grants	$20,641
Morehouse College	Atlanta, GA	501(c)(3)	Grants	$20,641
New Mexico Highlands University	Las Vegas, NM	Sec 115	Grants	$20,641
Newberry College	Newberry, SC	501(c)(3)	Grants	$20,641
Newman University Inc	Wichita, KS	Sec 115	Grants	$20,641
Northeastern State University	Tahlequah, OK	501(c)(3)	Grants	$20,641
Northern State University Foundation	Aberdeen, SD	501(c)(3)	Grants	$20,641
Northwestern Oklahoma State University	Alva, OK	501(c)(3)	Grants	$20,641
Notre Dame College	Cleveland, OH	501(c)(3)	Grants	$20,641
Nova Southeastern University	Fort Lauderdale, FL	501(c)(3)	Grants	$20,641
Oklahoma Baptist University	Shawnee, OK	501(c)(3)	Grants	$20,641
Oklahoma Christian University	Oklahoma City, OK	Sec 115	Grants	$20,641
Ouachita Baptist University	Arkadelphia, AR	501(c)(3)	Grants	$20,641
Philadelphia University	Philadelphia, PA	Sec 115	Grants	$20,641
Pittsburg State University	Pittsburg, KS	501(c)(3)	Grants	$20,641
Queens College	Flushing, NY	501(c)(3)	Grants	$20,641
Quincy University	Quincy, IL	501(c)(3)	Grants	$20,641
SAINT MARTIN'S UNIVERSITY	Lacey, WA	501(c)(3)	Grants	$20,641
SAINT MICHAEL'S COLLEGE	Colchester, VT	501(c)(3)	Grants	$20,641
ST MARY'S UNIVERSITY OF SAN ANTONIO TEXAS	San Antonio, TX	501(c)(3)	Grants	$20,641
Saint Leo University	Saint Leo, FL	501(c)(3)	Grants	$20,641
Savannah State University	Savannah, GA	501(c)(3)	Grants	$20,641
Seton Hill University	Greensburg, PA	501(c)(3)	Grants	$20,641
Shepherd University	Shepherdstown, WV	501(c)(3)	Grants	$20,641
Shorter University	Rome, GA	501(c)(3)	Grants	$20,641
Southeastern Oklahoma State University	Durant, OK	Sec 115	Grants	$20,641
Southern Connecticut State University	New Haven, CT	501(c)(3)	Grants	$20,641
Southern Nazarene University	Bethany, OK	501(c)(3)	Grants	$20,641
Southern Wesleyan University	Central, SC	501(c)(3)	Grants	$20,641
Southwestern Oklahoma State University	Weatherford, OK	501(c)(3)	Grants	$20,641
Spring Hill College	Mobile, AL	501(c)(3)	Grants	$20,641
Texas A&m University - Kingsville	Kingsville, TX	501(c)(3)	Grants	$20,641
The Board of Trustees of the University of Illinois	Springfield, IL	Sec 115	Grants	$20,641
Tusculum University	Greeneville, TN	501(c)(3)	Grants	$20,641
Tuskegee University	Tuskegee, AL	501(c)(3)	Grants	$20,641
University District of Columbia	Washington, DC	Sec 115	Grants	$20,641
University of Alaska - Anchorage	Anchorage, AK	501(c)(3)	Grants	$20,641
University of Alaska - Fairbanks	Fairbanks, AK	Sec 115	Grants	$20,641
University of Arkansas - Monticello	Monticello, AR	Sec 115	Grants	$20,641
University of Charleston - Wv	Charleston, WV	Sec 115	Grants	$20,641
University of Findlay	Findlay, OH	501(c)(3)	Grants	$20,641
University of Mary	Bismarck, ND	Sec 115	Grants	$20,641
University of Minnesota - Crookston	Crookston, MN	Sec 115	Grants	$20,641
University of Minnesota Duluth Education Association	Duluth, MN	Sec 115	Grants	$20,641
University of Missouri - St Louis	St Louis, MO	Sec 115	Grants	$20,641
University of Sioux Falls	Sioux Falls, SD	501(c)(3)	Grants	$20,641
University of South Carolina - Aiken	Aiken, SC	Sec 115	Grants	$20,641
University of Texas - Tyler	Tyler, TX	Sec 115	Grants	$20,641
University of West Alabama	Livingston, AL	Sec 115	Grants	$20,641
University of West Florida	Pensacola, FL	Sec 115	Grants	$20,641
University of West Georgia	Carrollton, GA	501(c)(3)	Grants	$20,641
University of Wisconsin Parkside Foundation Inc	Kenosha, WI	Sec 115	Grants	$20,641
Valdosta State University	Valdosta, GA	501(c)(3)	Grants	$20,641
Virginia Union University	Richmond, VA	501(c)(3)	Grants	$20,641
West Chester University of Pennsylvania	West Chester, PA	501(c)(3)	Grants	$20,641
West Virginia State University	Institute, WV	Sec 115	Grants	$20,641
West Virginia Wesleyan College	Buckhannon, WV	501(c)(3)	Grants	$20,641
Western Colorado University Foundation	Gunnison, CO	501(c)(3)	Grants	$20,641
Western New Mexico University	Silver City, NM	Sec 115	Grants	$20,641
Western Oregon University	Monmouth, OR	501(c)(3)	Grants	$20,641
Western Washington University	Bellingham, WA	501(c)(3)	Grants	$20,641
Westminster University (utah)	Salt Lake City, UT	501(c)(3)	Grants	$20,641
Wheeling Jesuit University Inc	Wheeling, WV	501(c)(3)	Grants	$20,641
William Jewell College	Liberty, MO	501(c)(3)	Grants	$20,641
Wingate University	Wingate, NC	Sec 115	Grants	$20,641
Young Harris College	Young Harris, GA	Sec 115	Grants	$20,641
Icahn School of Medicine at Mount Sinai	New York, NY	Sec 115	Scholarships	$20,000
South Dakota State University	Brookings, SD	Sec 115	Scholarships	$20,000
The University of Texas Health Science Center at Houston	Houston, TX	501(c)(3)	Scholarships	$20,000
University of Mississippi	University, MS	Sec 115	Scholarships	$20,000
University of North Carolina - Chapel Hill	Chapel Hill, NC	Sec 115	Scholarships	$20,000
University of Pittsburgh	Pittsburgh, PA	501(c)(3)	Scholarships	$20,000
University of Virginia	Charlottesville, VA	Sec 115	Scholarships	$20,000
Bridgewater State University	Bridgewater, MA	Sec 115	Grants/Scholarships	$19,833
California Lutheran University	Thousand Oaks, CA	501(c)(3)	Grants	$19,833
North Carolina State University	Raleigh, NC	501(c)(3)	Scholarships	$18,309
United Negro College Fund Inc	Washington, DC	501(c)(3)	Sponsorships	$18,000
Emmanuel University (georgia)	Franklin Springs, GA	501(c)(3)	Grants	$17,131
North Central University	Minneapolis, MN	501(c)(3)	Grants	$16,500
Augsburg College	Minneapolis, MN	501(c)(3)	Grants	$16,080
Maryville College-tn	Maryville, TN	501(c)(3)	Grants	$15,840
National Football Foundation and College Hall of Fame Inc	Irving, TX	501(c)(3)	Contributions	$15,000
Xi Sigma Alumni Chapter of Central Indiana of Phi Beta Sigma	Indianapolis, IN	501(c)(3)	Contributions	$15,000
Cal Poly Pomona Foundation Inc	Pomona, CA	501(c)(3)	Grants	$13,510
California State Polytechnic University - Humboldt	Arcata, CA	Sec 115	Grants	$13,510
Clark Atlanta University	Atlanta, GA	501(c)(3)	Grants/Scholarships	$13,510
Lemoyne-owen College	Memphis, TN	501(c)(3)	Grants	$13,510
Shaw University	Raleigh, NC	501(c)(3)	Grants	$13,510
University of Arkansas - Fort Smith	Fort Smith, AR	Sec 115	Grants	$13,510
University of Bridgeport	Bridgeport, CT	501(c)(3)	Grants	$13,510
Washburn University	Topeka, KS	Sec 115	Grants	$13,510
Texas A&m University-corpus Christi	Corpus Christi, TX	Sec 115	Scholarships	$13,213
Central Indiana Corporate Partnership Inc	Indianapolis, IN	501(c)(6)	Membership Dues	$11,000
Trustee of Boston University	Boston, MA	501(c)(3)	Scholarships	$10,440
University of Minnesota - Twin Cities	Minneapolis, MN	501(c)(3)	Scholarships	$10,440
Wake Forest University	Winston Salem, NC	501(c)(3)	Scholarships	$10,440
100 Black Men of Indianapolis Inc	Indianapolis, IN	501(c)(3)	Contributions	$10,000
Amalgamated Charitable Foundation Inc	Washington, DC	501(c)(3)	Sponsorships	$10,000
Auburn University Foundation	Auburn, AL	501(c)(3)	Scholarships	$10,000
Bryan Medical Center	Lincoln, NE	501(c)(3)	Scholarships	$10,000
California Institute of Technology	Pasadena, CA	-	Scholarships	$10,000
Coaching for Literacy	Memphis, TN	501(c)(3)	Sponsorships	$10,000
Des Moines University Osteopathic Medical-center	West des Moines, IA	501(c)(3)	Scholarships	$10,000
Georgia Institute of Technology	Atlanta, GA	Sec 115	Scholarships	$10,000
Golden Gate University	San Francisco, CA	-	Scholarships	$10,000
Kay Yow Cancer Foundation	Durham, NC	Sec 115	Sponsorships	$10,000
Lindenwood University	Saint Charles, MO	501(c)(3)	Scholarships	$10,000
Massachusetts Institute of Technology	Cambridge, MA	501(c)(3)	Scholarships	$10,000
National Academy of Sciences	Washington, DC	501(c)(6)	Scholarships	$10,000
New York University	New York, NY	501(c)(3)	Scholarships	$10,000
Palmer College Foundation	Port Orange, FL	501(c)(3)	Scholarships	$10,000
Pennsylvania State University	University Park, PA	501(c)(3)	Scholarships	$10,000
Queens University of Charlotte	Charlotte, NC	501(c)(3)	Scholarships	$10,000
Rutgers-state University of New Jersey - New Brunswick	New Brunswick, NJ	501(c)(3)	Grants	$10,000
Special Olympics Inc	Washington, DC	501(c)(3)	Contributions	$10,000
Springfield College	Springfield, MA	501(c)(3)	Scholarships	$10,000
St Catherine University	St Paul, MN	501(c)(3)	Scholarships	$10,000
State University of New York at Old Westbury	Old Westbury, NY	Sec 115	Scholarships	$10,000
Syracuse University	Syracuse, NY	501(c)(3)	Scholarships	$10,000
Team Impact Inc	Quincy, MA	501(c)(3)	Sponsorships	$10,000
The Regents of the University of Colorado	Denver, CO	501(c)(3)	Scholarships	$10,000
The University of Texas Southwestern Medical Center	Dallas, TX	501(c)(3)	Scholarships	$10,000
Trinity University-tx	San Antonio, TX	501(c)(3)	Scholarships	$10,000
University of Denver	Denver, CO	501(c)(3)	Scholarships	$10,000
University of Illinois-champaign	Champaign, IL	Sec 115	Scholarships	$10,000
University of Kentucky	Lexington, KY	Sec 115	Scholarships	$10,000
University of South Dakota	Vermillion, SD	Sec 115	Scholarships	$10,000
University of St Augustine for Health Sciences LLC	San Marcos, CA	Sec 115	Scholarships	$10,000
University of Tennessee - Knoxville	Knoxville, TN	Sec 115	Scholarships	$10,000
University of Wisconsin - Madison	Madison, WI	501(c)(3)	Grants/Scholarships	$10,000
University of Wisconsin-la Crosse	La Crosse, WI	Sec 115	Scholarships	$10,000
Washington University - St Louis	St Louis, MO	Sec 115	Scholarships	$10,000
Willamette University	Salem, OR	501(c)(3)	Scholarships	$10,000
University of Alabama	Tuscaloosa, AL	Sec 115	Grants/Scholarships	$9,931
Claremont Mckenna - Harvey Mudd - Scripps Colleges	Claremont, CA	501(c)(3)	Grants	$9,000
Emmanuel College - Ma	Boston, MA	501(c)(3)	Grants	$9,000
Moravian University	Bethlehem, PA	Sec 115	Grants	$9,000
Muhlenberg College	Allentown, PA	Sec 115	Grants	$9,000
Center for Leadership Development	Indianapolis, IN	501(c)(3)	Sponsorships	$7,500
Salem State University	Salem, MA	Sec 115	Grants	$7,500
D'YOUVILLE UNIVERSITY	Buffalo, NY	501(c)(3)	Grants/Scholarships	$7,131
Kentucky State University	Frankfort, KY	501(c)(3)	Grants/Scholarships	$7,131
Continental Broadcast Group	Indianapolis, IN	501(c)(3)	Sponsorships	$5,750
Greater Indianapolis Chamber of Commerce	Indianapolis, IN	501(c)(3)	Scholarships	$5,500
Louisiana State University	Baton Rouge, LA	Sec 115	Sponsorships	$5,220
American Association of Blacks in Higher Education	Washington, DC	501(c)(3)	Sponsorships	$5,000
Carmel Youth Assistance Inc	Carmel, IN	501(c)(3)	Contributions	$5,000
Catch the Stars Foundation	Indianapolis, IN	501(c)(3)	Sponsorships	$5,000
Collegiate Clinical Counseling Sport Psychological Association	Oxford, MS	501(c)(6)	Scholarships	$5,000
Indiana Guide Right Foundation Inc	Indianapolis, IN	501(c)(3)	Sponsorships	$5,000
Indiana University	Bloomington, IN	Sec 115	Grants/Scholarships	$5,000
Louisana State University in Shreveport	Shreveport, LA	501(c)(3)	Scholarships	$5,000
University of Arkansas-fayetteville	Fayetteville, AR	501(c)(3)	Scholarships	$5,000

International Summary

Offices: 0
Employees: 0
Spending: $63,972

International Compliance

Foreign grant records maintained: Yes
Activity in boycott countries: No
Foreign corporation ownership: Yes
Foreign partnership interest: No
Interest in foreign trust: No
Passive foreign investment company interest: No
Transfers to foreign corporations: No

International Activities

Region	Activity	Services	Offices	Employees	Spending
North America (Canada & Mexico only)	Grantmaking	All Payments Made Outside of the United States Are Made Using U.s. Dollars and Expenditures Are Recorded as Such in Our Books and Records.	0	0	$56,841
Central America and the Caribbean	Grantmaking	All Payments Made Outside of the United States Are Made Using U.s. Dollars and Expenditures Are Recorded as Such in Our Books and Records.	0	0	$7,131

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: Yes

Insider Transactions and Loans

Loans and Receivables

Line Item	Beginning	End	Change
Loans from Officers, Directors, Trustees, and Key Employees	$0	$0	→ $0
Receivables from Disqualified Persons	$0	$0	→ $0
Receivables from Officers, Directors, Trustees, and Key Employees	$0	$0	→ $0

Related Organizations and Partnerships

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
1910 Collective LLC	Indianapolis, IN	Insurance	$3,496,909	$196,955,572	National Collegiate Athletic Association
Nit LLC	Indianapolis, IN	Basketball Events	$9,269,903	$27,813,875	National Collegiate Athletic Association
College Football Officiating LLC	Indianapolis, IN	Officiating	$432,560	$183,397	National Collegiate Athletic Association
Collegiate Core Insurance LLC	Indianapolis, IN	Insurance	$0	$100,000	National Collegiate Athletic Association
Collegiate Properties LLC	Indianapolis, IN	Advancing Youth	$0	$0	National Collegiate Athletic Association
Collegiate Sports LLC	Indianapolis, IN	Holding Company	$0	$0	National Collegiate Athletic Association
Men's College Basketball Officiating LLC	Indianapolis, IN	Officiating	$0	$0	National Collegiate Athletic Association
Women's College Basketball Officiating LLC	Indianapolis, IN	Officiating	$0	$0	National Collegiate Athletic Association

Transactions with Related Organizations

Organization	Type	Method	Amount
Student-Athlete Insurance Cell LLC	D	Fmv	$32,283,360
Student-Athlete Insurance Cell LLC	B	Fmv	$250,000

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Antitrust settlement	$2,776,000,000

Bond Issues

Bond	Issuer	Issued	Issue Price	Purpose
A	Indiana Finance Authority	2012-06-01	$16,213,039	SEE PART VI

Bond Proceeds

Bond	Total Proceeds	Spent	Retired	Issuance Costs
A	$16,213,039	$16,033,625	$11,985,000	$163,935

Bond Financing Compliance

No rebate due: Yes
Rebate not yet due: No
Form 8038-T filed: No
Gross proceeds invested: No
Gross proceeds invested in GIC: No
Exception to rebate: No
Corrective action procedures: No

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: Yes
Backup withholding compliance: Yes
Business relationship with 35% controlled entity: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: Yes
Other officer compensation reviewed: Yes
Conflict-of-interest policy: Yes
Audited financial statements prepared: Yes
Key decisions subject to board approval: Yes
Management duties delegated: No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

“The ncaa is a membership organization that includes various colleges and universities throughout the country. The active member institutions and voting conferences are the ultimate voice in all association decisions.”

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

“Division I members of the Board of Governors shall be appointed by the Division I Board of Directors; Divisions II and III members of the Board of Governors shall be appointed by the Division II and III Presidents Councils, respectively. Independent members of the Board of Governors shall be selected by the Division I, II and III members of the Board of Governors. Each divisional Student-Athlete Advisory Committee shall nominate one graduated student- athlete member for the Board of Governors. One of those nominees shall be selected by the other eight members of the Board of Governors to be a voting member representing all three divisions.”

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

“Provisions of the NCAA constitution may be amended only at a special or annual Convention. The membership shall receive reasonable notice of proposed amendments. An amendment may be sponsored only by the Board of Governors or by a two-thirds vote of a divisional leadership body. A sponsored amendment shall require a two-thirds majority vote of all delegates present and voting.”

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

“The organization does not have any committees with authority to act on its behalf, thus this question has been marked 'no' per IRS instructions.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“Information needed to complete the form 990 is compiled by the accounting department, reviewed by the director of accounting, the controller and the cfo. It is then prepared and signed by crowe llp. The completed 990, including all required schedules was provided electronically to the board of governors' finance and audit committee (subset of the board of governors) for discussion and review before filing. Each member of the board of governors is provided with a final copy of the form 990 and all required schedules before it is filed with the irs.”

Form 990, Part VI, Line 12C Conflict of interest policy

“The conflict of interest policy is provided to all committee members by the governance group. Each member is required to read the policy and sign a certification that they have read and understand the policy. The governance group tracks completion electronically and emails reminders to members who have not completed the policy. Committee members are required to report any conflicts to the governance area. Governance will then report any potential conflicts to the committee chairperson who will follow up with the committee member and take any necessary actions based on the circumstances.”

Form 990, Part VI, Line 15A Process to establish compensation of top management official

“The executive committee of the board of governors of the ncaa serves as the executive compensation committee and is responsible for establishing and maintaining a broad competitive compensation program for ncaa executives. The committee engages an outside consulting firm to regularly review executive compensation and make recommendations based on market data and trends. A primary purpose of the committee is to ensure the ncaa remains in compliance with all applicable laws, rules, and regulations, specifically including the intermediate sanctions law. A review of executive compensation did not occur during fiscal year ended. An initial contract was negotiated with the current president during fiscal year ended 8/31/23.”

Form 990, Part VI, Line 15B Process to establish compensation of other employees

“The executive committee of the board of governors of the ncaa serves as the executive compensation committee and is responsible for establishing and maintaining a broad competitive compensation program for ncaa executives. The committee engages an outside consulting firm to regularly review executive compensation and make recommendations based on market data and trends. A primary purpose of the committee is to ensure the ncaa remains in compliance with all applicable laws, rules, and regulations, specifically including the intermediate sanctions law.”

Form 990, Part VI, Line 19 Required documents available to the public

“Governing documents, conflict of interest policy, financial statements, and the annual report are available to the public upon request or are on the organization's website.”

Form 990, Part VIII, Line 2F Other Program Service Revenue

“Other Revenue - Total Revenue: 11726473, Related or Exempt Function Revenue: 11726473, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

Filing and Contact Details

Filer

Filer Name: National Collegiate Athletic Association
EIN: 44-0567264
Phone: 3179176222
Address: 700 W Washington St, Indianapolis, IN 46204-2710

Signing Officer

Name: Mario Morris
Title: SVP of Admin and CFO
Signed: 2025-06-27
Discuss with paid preparer: Yes

Organization Details

Formed: 1906
Legal Domicile: In
Voting Board Members: 9
Independent Board Members: 9
Employees: 619
Volunteers: 2,500

Preparer

Firm: Crowe Llp
Address: 225 West Wacker Drive Suite 2600, Chicago, IL 60606-1224
Preparer: Nicole Bencik
Phone: 3128997000

Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

“The association -- through its member schools, conferences, affiliated organizations and national office staff -- shares a commitment to: - the collegiate model of athletics, in which the young athletes competing in college sports are students first who choose to play sports as part of their educational experience. - the highest levels of integrity and sportsmanship. - the pursuit of excellence in both academics and athletics. - the supporting role college sports plays in the higher education mission, in enhancing the sense of campus community and in strengthening the identity of member schools. - an inclusive culture that fosters equitable participation for student-athletes and athletics administrators from diverse backgrounds. - respect for differences between campuses. - presidential leadership of college sports at the campus, conference and national levels with dialogue including student-athletes, coaches, athletics directors, faculty members and other campus and athletics personnel.”

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

“White river state park annual occupancy expense - -3531180;”

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

“The endowment funds as disclosed in part v represent the total net assets of the ncaa as of 8/31/24. The net assets are designated for specific uses such as an association-wide program reserve, reserves for divisions ii & iii operations, technology and property, and future operations and membership distributions. Ncaa operating reserve policy - it is the policy of the national collegiate athletic association to invest funds in a manner which will provide investment returns and security consistent with good business practices, while meeting the daily cash flow demands of the ncaa. The ncaa funds the operating reserve at 50% of the annual budget less projected distributions to membership. Objectives: 1. Meet the reserve policies of the various assets pools. 2. Maintenance of sufficient liquidity to meet anticipated and unanticipated cash flow needs. 3. Avoid investment losses. 4. Attainment of the maximum investment returns possible consistent with the first three objectives.”

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

“Asc topic 740, income taxes, prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return, and provides guidance on derecognition, classification, interest and penalties, disclosure, and transition. Management asserts that no such uncertain tax positions exist for the ncaa at august 31, 2024 or 2023.”

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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt	0	448532129
IRS990/InvestmentsProgramRelatedGrp/BOYAmt	0	0
IRS990/InvestmentsPubTradedSecGrp/BOYAmt	0	401961206
IRS990/InvestmentsPubTradedSecGrp/EOYAmt	0	257351790
IRS990/InvestTaxExemptBondsInd	0	false
IRS990/IRPDocumentCnt	0	1516
IRS990/IRPDocumentW2GCnt	0	0

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