2025-05-01T13:37:39+00:00 2024-06-30 440160260 Forvis Mazars LLP 1248 O Street Ste 1040 Lincoln NE 685081461 990 2023-07-01 470379839 UNIVERSITY OF NEBRASKA FOUNDATION UNIV 4024581100 PO BOX 82555 LINCOLN NE 68501 TROY K WILHELM CFO 4024581100 2025-05-01 true Kristin Tynon P01063388 4024737600 2025-05-01 2023 2025-03-06 01:10:19Z TROY K WILHELM 1010 LINCOLN MALL STE 300 LINCOLN NE 68508 1370032912 false X WWW.NUFOUNDATION.ORG X 1936 NE THE UNIVERSITY OF NEBRASKA FOUNDATION GROWS RELATIONSHIPS AND RESOURCES THAT ENABLE THE UNIVERSITY OF NEBRASKA TO CHANGE LIVES AND SAVE LIVES. 17 15 302 435 69389 0 280164046 279616027 0 0 132672354 71416369 188860 1489099 413025260 352521495 287827175 292269115 0 0 27029804 31131720 200167 667279 26847667 23489457 21423389 338546603 345491503 74478657 7029992 3243311370 3588896895 456325529 490908509 2786985841 3097988386 THE UNIVERSITY OF NEBRASKA FOUNDATION GROWS RELATIONSHIPS AND RESOURCES THAT ENABLE THE UNIVERSITY OF NEBRASKA TO CHANGE LIVES AND SAVE LIVES. false false 292269115 292269115 0 THE UNIVERSITY OF NEBRASKA FOUNDATION RAISES AND MANAGES PRIVATE FINANCIAL SUPPORT FROM INDIVIDUALS, CORPORATIONS AND OTHER FOUNDATIONS FOR THE BENEFIT OF THE UNIVERSITY OF NEBRASKA. 292269115 true true false false false false true false true true true false false true true false true false false true false false true false false false true false true false false false false false false false true true true false false true true true true false false true 102 0 true 302 true true true false false false false true true true 1 false false true false false false X 17 15 true false false false true true true true true false false false true true true true true true true false CA CO IN KY MD MA MI MN NH NY OR SC X X TROY K WILHELM 4024581100 1010 LINCOLN MALL SUITE 300 LINCOLN NE 68508 ANGIE MUHLEISEN BOARD CHAIR 1.0 0.0 X X 0 0 0 BRIAN F HASTINGS PRESIDENT & CEO 40.0 0.0 X X 633958 0 114226 JANE E MILLER BOARD CHAIR ELECT 1.0 0.0 X X 0 0 0 ANNE HUBBARD DIRECTOR 1.0 0.0 X 0 0 0 CAREY HAMILTON DIRECTOR END 9/23 1.0 0.0 X 0 0 0 DON VOELTE DIRECTOR 1.0 0.0 X 0 0 0 HOLLY OSTERGARD DIRECTOR 1.0 0.0 X 0 0 0 IVAN GILREATH DIRECTOR 1.0 0.0 X 0 0 0 J SCOTT NELSON DIRECTOR 1.0 0.0 X 0 0 0 JULIE JACOBSON DIRECTOR 1.0 0.0 X 0 0 0 LORI DRUSE DIRECTOR BEG 9/23 1.0 0.0 X 0 0 0 PAUL M MENDLIK DIRECTOR 1.0 0.0 X 0 0 0 SANDRA MASSEY DIRECTOR 1.0 0.0 X 0 0 0 STEVE W SELINE DIRECTOR 1.0 0.0 X 0 0 0 SUSAN THADEN DIRECTOR 1.0 0.0 X 0 0 0 TED HARRIS DIRECTOR BEG 9/23 1.0 0.0 X 0 0 0 THOMAS H WARREN SR DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM D JACKMAN DIRECTOR END 9/23 1.0 0.0 X 0 0 0 WILLIAM LESTER DIRECTOR 1.0 0.0 X 0 0 0 CHET A POEHLING ASSOC GENERAL COUNSEL, ASST CO 40.0 0.0 X 98093 0 43028 KEITH D MILES SVP, GENERAL COUNSEL, CORP SEC 40.0 5.0 X 257835 0 52318 TROY K WILHELM CFO & TREASURER 40.0 0.0 X 325706 0 41512 AMY VOLK SVP, UNMC DEVELOPMENT 40.0 0.0 X 300363 0 56326 BRIAN NEALE CHIEF INVESTMENT OFFICER 40.0 0.0 X 547272 0 65418 LAUREN MILTENBERGER VP UNO ADVANCEMENT 40.0 0.0 X 257418 0 20972 LORI BYRNE EVP, DEVELOPMENT 40.0 0.0 X 397515 0 59715 NICK LINDE VP ADVANCEMENT 40.0 0.0 X 227196 0 21682 3045356 0 475197 55 false true false UNION BANK & TRUST COMPANY 1801 PINE LAKE ROAD LINCOLN NE 68512 INVESTMENT MANAGEMENT 529591 LEGENDS SALES & MARKETING LLC 610 BROADWAY SUITE 2400 NEW YORK NY 10006 FUNDRAISING 452888 HARDING LOEVNER 400 CROSSING BLVD 4TH FLOOR BRIDGEWATER NJ 08807 INVESTMENT MANAGEMENT 322546 DIFFSTRAT COMPANIES INC 3950 RIVER RIDGE DRIVE NE STE A CEDAR RAPIDS IA 52402 CAMPAIGN CONSULTING 225735 ZURI GROUP LLC 601 NW HARMON BLVD SUITE 8 BEND OR 97703 BUSINESS PROCESS & SYSTEM CONSULTING 219821 9 141855 279474172 53366660 279616027 0 0 0 0 0 40858955 44938 40814017 39424 39424 200055 135566 64489 0 64489 64489 1047897223 36042 1017375851 0 30521372 36042 30557414 30557414 MISCELLANEOUS REVENUE 900099 1360735 1360735 UNIVERSITY MAGAZINE 511120 24451 24451 0 0 0 0 1385186 352521495 0 69389 72836079 292269115 292269115 1365733 1097591 268142 22873391 7652892 15220499 2199279 810032 1389247 3014747 1065620 1949127 1678570 610386 1068184 420064 420064 211744 211744 133797 133797 667279 667279 9702427 9702427 146395 0 0 146395 2232751 2232751 280970 109780 171190 83125 32465 50660 2130283 831999 1298284 674836 263563 411273 592004 231212 360792 475892 185863 290029 254586 99431 155155 PAID TO BENEFICIARIES 2274614 2274614 DUES & SUBSCRIPTIONS 813814 317842 495972 REPAIRS & MAINTENANCE 663562 259159 404403 332525 0 64240 268285 345491503 292269115 26374721 26847667 24841019 60809825 103632936 159353198 240622228 213394552 644467 2923315 0 0 0 0 2895190 2939604 223530 508297 29588747 9925183 17995138 19663564 1324495941 902021727 1508399478 2210716389 0 19561443 16566424 3243311370 3588896895 7172194 9251748 13180948 24555490 0 0 435972387 457101271 456325529 490908509 X 118728679 121136824 2668257162 2976851562 2786985841 3097988386 3243311370 3588896895 X 7029992 303526373 446180 X false true X true false X 244889395 260888632 317453799 280164046 279616027 1383011899 0 0 244889395 260888632 317453799 280164046 279616027 1383011899 116101417 1266910482 47958501 40069411 51188594 48090393 41053496 228360395 411730 411730 0 0 0 0 1360735 1360735 1613144759 0 0.7854 0.7737 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 1360735.0, COLUMN F - 1360735.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 66670 1880108 X X false 1898454148 86823592 253442814 77304453 2161416101 1722872555 95326611 155516837 75261855 1898454148 1903834571 68310318 -176606903 72665431 1722872555 1395834767 54897809 516114000 63012005 1903834571 1435753475 61080788 -41339929 59659567 1395834767 0.1821 0.8179 0.0 false false 14395237 106718 14501955 562886 1723060 852887 1433059 0 4103709 1588456 2515253 0 8697137 7483840 1213297 0 0 0 0 19663564 LIMITED PARTNERSHIPS 529259014 F COMMINGLED FUND - PUBLIC EQUITY 491865284 F HEDGE FUNDS 1165224 F INDEX FUND - PUBLIC EQUITY 1119835590 F OTHER SECURITIES 4286417 F GOVERNMENT SECURITIES 64304860 F 2210716389 DEFERRED ANNUITIES PAYABLE 14985963 DEPOSITS HELD IN CUSTODY 431582955 OPERATING LEASE LIABILITY 10532353 457101271 X Schedule D, Part III, Line 4 Collections of art - description of collections THE COLLECTIONS INCLUDES WORKS OF ART, BOOKS, POEMS, AND OTHER HISTORICAL TREASURES HOUSED AT VARIOUS CENTERS AND MUSEUMS AT THE UNIVERSITY OF NEBRASKA'S CAMPUSES. THESE COLLECTIONS FURTHER EXPAND THE EDUCATIONAL EXPERIENCES OF THE STUDENTS AT THE INSTITUTION. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE UNIVERSITY OF NEBRASKA. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. SUCH TAX POSITIONS, WHICH ARE MORE THAN 50% LIKELY OF BEING REALIZED, ARE MEASURED AT THEIR HIGHEST VALUE. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGEMENT OCCURS. DURING FISCAL YEARS 2024 AND 2023, MANAGEMENT DETERMINED THERE ARE NO INCOME TAX POSITIONS REQUIRING RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. Central America and the Caribbean 24 Investments 317134524 Europe (Including Iceland and Greenland) 6 Investments 44760461 0 30 0 0 0 30 361894985 0 361894985 true false false false true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual X X true LEGENDS SALES & MARKETING LLC 610 BROADWAY SUITE 2400 NEW YORK NY 10006 FUNDRAISING false 14305 667279 -652974 14305 667279 -652974 CA CO CT DE DC FL GA AL HI ID IL IN IA KS KY LA ME AK MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA AZ RI SC SD TN TX UT VT VA AR WA WV WI WY true University of Nebraska 3835 Holdrege Street Lincoln NE 68588 470049123 501(c)3 285980039 263831 FMV/Appraisal Items donated for University use University Support The Alumni Association of the University of Nebraska - Lincoln 1520 R Street Lincoln NE 68508 470378980 501(c)3 368000 Alumni Association Support UNMC Alumni Association 985200 NE Med Cir Omaha NE 68198 270733750 501(c)3 230000 Alumni Association Support Nebraska Medicine 987400 NE Med Ctr Omaha NE 68198 813158267 501(c)3 5422245 Program Support 4 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. GRANT FUNDS ARE PAID UPON SUBMISSION OF REQUEST FOR SAID FUNDS AFTER THE EXPENSES ARE INCURRED AT THE IRC SECTION 501(C)(3) AFFILIATED ORGANIZATIONS. X true true X X X X false true false false false false false false false BRIAN F HASTINGS PRESIDENT & CEO 513462 0 64894 0 55602 0 87511 0 26715 0 748184 0 41000 0 TROY K WILHELM CFO & TREASURER 317384 0 7961 0 361 0 32323 0 9189 0 367218 0 0 0 KEITH D MILES SVP, GENERAL COUNSEL, CORP SEC 242043 0 6306 0 9486 0 25603 0 26715 0 310153 0 0 0 LORI BYRNE EVP, DEVELOPMENT 371147 0 17022 0 9346 0 33000 0 26715 0 457230 0 0 0 BRIAN NEALE CHIEF INVESTMENT OFFICER 349733 0 197363 0 176 0 33000 0 32418 0 612690 0 0 0 AMY VOLK SVP, UNMC DEVELOPMENT 283568 0 13473 0 3322 0 29611 0 26715 0 356689 0 0 0 NICK LINDE VP ADVANCEMENT 217138 0 9921 0 137 0 21682 0 0 0 248878 0 0 0 LAUREN MILTENBERGER VP UNO ADVANCEMENT 250442 0 2604 0 4372 0 20972 0 0 0 278390 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees SOCIAL DUES FOR SELECTED EMPLOYEES ARE AVAILABLE BASED ON JOB RESPONSIBILITIES. THE SOCIAL DUES ARE INCLUDED IN TAXABLE INCOME FOR THOSE INDIVIDUALS. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan BRIAN HASTINGS PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN WHICH HAD A DISTRIBUTION IN 2023 OF $41,000. ANGIE MUHLEISEN SHAREHOLDER & DIRECTOR, UNION BANK & TRUST 563332 INVESTMENT MANAGEMENT false Schedule L, Part IV, Column (b) ANGIE MUHLEISEN MS. MUHLEISEN SERVES ON THE BOARD OF DIRECTORS FOR THE ORGANIZATION AND IS A SHAREHOLDER AND DIRECTOR OF UNION BANK & TRUST, WHICH PROVIDES ASSET MANAGEMENT SERVICES TO THE ORGANIZATION. X 11 66670 Opinions of experts X 50000 Opinions of experts X 1 1950000 Opinions of experts X 372 49053619 Market value X 7 134651 Other - Net transfer value of insurance policies X 2 2027563 Opinions of experts X CROPS 8 31296 Selling cost X Equipment 3 52861 Market value 5 false true true Schedule M, Part I COLUMN B AMOUNTS LISTED IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions THE ORGANIZATION USED BROKERS TO SELL STOCK GIFTS AND REAL ESTATE GIFTS. Form 990, Part VI, Line 15a & 15B - PROCESS TO ESTABLISH COMPENSATION MARKET DATA ON COMPENSATION IS GATHERED AND ANALYZED AND THE INFORMATION IS THEN PROVIDED TO THE COMPENSATION SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE. BASED ON THE DATA PROVIDED, THE COMPENSATION SUBCOMMITTEE SUBMITS RECOMMENDATIONS FOR COMPENSATION OF OFFICERS AND DISQUALIFIED PERSONS TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE, WITH THE AUTHORITY PROVIDED TO THEM BY THE BOARD OF DIRECTORS, APPROVES ALL DISQUALIFIED PERSON SALARIES AND REPORTS THE SALARIES TO THE BOARD. THIS PROCESS LAST OCCURRED IN FY 2024. Form 990, Part VI, Line 2 DESCRIPTION OF BUSINESS RELATIONSHIP THESE INDIVIDUALS BOTH SERVE ON THE BOARD OF DIRECTORS FOR ASSURITY. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons ANGIE MUHLEISEN & CAREY HAMILTON - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders TRUSTEES ARE CONSIDERED MEMBERS OF THE ENTITY. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body TRUSTEES ELECT THE BOARD OF DIRECTORS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders TRUSTEES HAVE THE ABILITY TO REMOVE ANY DIRECTOR, CHAIR, OR CHAIR ELECT OF THE BOARD. Form 990, Part VI, Line 11b Review of form 990 by governing body THE APPROVAL OF THE FORM 990 HAS BEEN DELEGATED BY THE BOARD OF DIRECTORS TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING. THE FORM 990 WITH SCHEDULE B REDACTED IS SENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy ANNUAL COMPLETION OF THE CONFLICT OF INTEREST DISCLOSURE STATEMENT IS REQUIRED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. STATED DISCLOSURES ARE INVESTIGATED BY IN-HOUSE LEGAL COUNSEL AND REPORTED TO THE CHAIR OF THE AUDIT COMMITTEE. THE CHAIR REVIEWS ANY POTENTIAL CONFLICTS AND MAKES A RECOMMENDATION TO THE BOARD, IF APPROPRIATE. THE BOARD MAKES THE FINAL DETERMINATION OF WHETHER OR NOT THERE IS A DISQUALIFYING EVENT. AT ANY TIME, A BOARD MEMBER MAY RECUSE HIMSELF/HERSELF FROM THE DISCUSSION. INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY KNOWN OR POSSIBLE CONFLICTS THAT ARISE DURING THE YEAR. Form 990, Part VI, Line 19 Required documents available to the public AUDITED FINANCIAL STATEMENTS ARE PUBLISHED ON THE ORGANIZATION'S WEBSITE. ALL OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - 446180; Schedule F, Part I, Line 3(f) 364,289,807 VALUE OF INVESTMENTS (2,394,822) EXPENSE PAID TO MANAGERS ---------------- 361,894,985 TOTAL ON PART I, LINE 3(F) UNF INVESTMENTS LLC PO BOX 82555 LINCOLN NE 68501 470795794 BUSINESS DEV NE 149670 2761843 U OF NE FDN Stumpf Peterson Pogue LLC PO BOX 82555 LINCOLN NE 68501 470379839 Land management NE 0 2187242 U OF NE FDN UNF CHARITABLE GIFT FUND 1010 LINCOLN MALL SUITE 300 LINCOLN NE 68508 200288992 CHAR. GIVING NE 501(c)(3) 7 U OF NE FDN true UNIVERSITY OF NEBRASKA AT OMAHA ALUMNI ASSOCIATION 2285 SO 67TH ST SUITE 200 OMAHA NE 68106 476027511 SUPPORTING ORG NE 501(c)(3) Type III-FI U OF NE FDN true CHARITABLE REMAINDER TRUSTS (55) CHARITABLE TRUST NE NA Trust true CHARITABLE LEAD TRUSTS (10) CHARITABLE TRUST NE NA Trust true false true true false false false false false false false false true false true true false true false false UNIVERSITY OF NEBRASKA AT OMAHA ALUMNI ASSOCIATION Q 194282 cash UNF CHARITABLE GIFT FUND C 119923 cash UNIVERSITY OF NEBRASKA AT OMAHA ALUMNI ASSOCIATION O 138806 CASH