The purpose of the USAO Foundation is to support the mission of the University. The Foundation works to invest and manage donated funds and other gifts designated for the University. These funds may be used to create endowments to supplement salaries of USAO faculty, compensate visiting professors, carry on research work in all fields in which USAO may be interested, create scholarships, and other ways that benefit the college.
The Foundation currently manages the funds of a robust scholarship program and holds funds for performance, ideas and arts series, three annual symposiums, as well as faculty and student projects.
The Foundation works with the USAO Advancement Office. The Advancement Office raises funds, helps to plan projects and serves as the on-campus voice of the Foundation.
The University of Science and Arts of Oklahoma Foundation, Inc., was organized in 1974 and incorporated by the State of Oklahoma as a non-profit corporation in 1977. It is registered with the Internal Revenue Service as a 501(c) (3) tax exempt organization. The Foundation is governed by a volunteer Board of Trustees.