The PCCUA Foundation Fund was established in January of 2020 after the Phillips Community College Foundation, Inc., was dissolved.  The Foundation is a subsidiary organization of the University of Arkansas (UA) Foundation, Inc., and was created by PCCUA to continue to secure philanthropic support for PCCUA.  The University of Arkansas Foundation, Inc., is a non-profit organization created under and by the laws of the State of Arkansas for charitable and educational purposes to manage and invest private funds raised by and for the benefit of campuses, divisions and units in The University of Arkansas System.  The Corporation is exempt from federal income tax under section 501(c)3 of the Internal Revenue Code.  It is separate from the University of Arkansas System and is not supported by state funds.