2023-05-09T09:10:33-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2021-07-01 596211832 UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC UNIV 4078821220 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 RODNEY M GRABOWSKI CEO 4078821220 2023-05-08 1 RODNEY GRABOWSKI 999009999 AMY CHAPMAN P00843460 4078021200 2023-05-08 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z RODNEY M GRABOWSKI 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 311307476 0 X WWW.UCFFOUNDATION.ORG X 1968 FL TO ENCOURAGE, STEWARD & CELEBRATE CONTRIBUTIONS FROM ALUMNI & FRIENDS TO SUPPORT UCF. 32 28 0 3395 131851 95138 74281753 50003059 912787 912348 15949662 11338271 4351417 11531967 95495619 73785645 20836884 21983328 0 0 13539391 13202902 319439 67645 7289815 8402974 11679540 43098688 46933415 52396931 26852230 484634099 583855216 72909930 180520608 411724169 403334608 X THE UCF FOUNDATION ENCOURAGES, STEWARDS AND CELEBRATES CHARITABLE CONTRIBUTIONS FROM ALUMNI AND FRIENDS TO SUPPORT UNIVERSITY OF CENTRAL FLORIDA (UCF). 0 0 6170633 6170185 90065 ATHLETICS EXPENSES PAID IN SUPPORT OF THE UCF ATHLETICS PROGRAM PROVIDE STUDENT-ATHLETES WITH A CHAMPIONSHIP-LEVEL EXPERIENCE. THE CHARGEON FUND RAISES FUNDS TO ENSURE UCF'S STUDENT-ATHLETES CONTINUE TO EXCEL IN COMPETITION, IN THE CLASSROOM, AND IN THE COMMUNITY. IN THE CLASSROOM, THE AVERAGE GPA FOR STUDENT-ATHLETES HAS EXCEEDED A 3.0 BENCHMARK DURING EACH TERM FOR THE 30 CONSECUTIVE SEMESTERS, WHICH IS THE LONGEST STREAK IN SCHOOL HISTORY. IN ADDITION, 48 STUDENT-ATHLETES EARNED A 4.0 GPA IN THE FALL 2022 SEMESTER. UCF IS AMONG FOUR SCHOOLS TO JOIN THE BIG 12 CONFERENCE IN 2023; AS SUCH UCF ATHLETICS SEEKS TO INCREASE ITS DONOR BASE THROUGH ITS MISSION XII INITIATIVE. LAST FISCAL YEAR, MORE THAN 10,000 UCF ATHLETICS DONORS SUPPORTED STUDENT-ATHLETES; THAT NUMBER IS ANTICIPATED TO GROW AS UCF JOINS THE BIG 12. 10802498 6778943 129759 ACADEMIC EXPENSES PAID IN SUPPORT OF THE UCF PROGRAMS INCLUDE FUNDING FOR ACADEMIC PROGRAMS, SALARIES FOR UNIVERSITY EMPLOYEES AND FELLOWSHIPS TO REWARD SOME OF UCF'S MOST ACCOMPLISHED AND PROMISING STUDENTS. OUTSTANDING FACULTY INSPIRE STUDENTS, FOSTER AND ENHANCE STRONG ACADEMIC PROGRAMS AND SERVE AS A KEY ELEMENT TO INSTITUTIONAL EXCELLENCE. ENDOWED CHAIRS, EMINENT SCHOLAR POSITIONS AND DISTINGUISHED PROFESSORSHIPS ARE PRESTIGIOUS ACADEMIC POSITIONS HELD BY THE UNIVERSITY'S MOST ESTEEMED FACULTY AND SPENDING TO SUPPORT THESE POSITIONS HELPS THE UNIVERSITY MAINTAIN A HIGH ACADEMIC STANDARD. SPENDING TO SUPPORT RESEARCH PROJECTS AND INNOVATIVE PROGRAMS FURTHER ENRICHES THE UCF LEARNING EXPERIENCE. THE UCF FOUNDATION, INC. CLOSED ITS BOOKS AT THE END OF JUNE 2022 WITH $76 MILLION IN GIFTS AND COMMITMENTS EXCEEDING THE GOAL SET BY UNIVERSITY LEADERS. THIS REPRESENTED THE SUPPORT OF MORE THAN 46,000 DONORS WHO GAVE 202,846 GIFTS. THE UCF CHALLENGE, THE UNIVERSITY'S CO-INVESTMENT PROGRAM CREATED TO LEVERAGE THE 2021 $40 MILLION TRANSFORMATIONAL GIFT FROM PHILANTHROPIST MACKENZIE SCOTT, RAISED $10.4 MILLION FOR STUDENT SUCCESS, SCHOLARS' PROGRAMS AND FACULTY EXCELLENCE. 4735515 4477070 3039 UCFF IS DEDICATED TO ENRICHING THE LIVES OF UCF STUDENTS AND SOLICITS DONATIONS TO SUPPORT SCHOLARSHIPS TO BENEFIT THEM. SCHOLARSHIP FUNDS ARE TRANSFERRED TO THE UNIVERSITY FOR ADMINISTRATION AND PROCESSING AND ARE DESIGNED TO REWARD, INSPIRE, AND ASSIST STUDENTS IN PURSUING ACADEMIC EXCELLENCE AND HELP ATTRACT A DIVERSE STUDENT BODY UCF SET RECORDS FOR DIVERSITY IN FALL 2022 WITH 49.7% OF MINORITY STUDENTS, AND 28.2% HISPANIC/LATINX. THE FALL 2022 FRESHMAN CLASS SET A NEW BAR FOR ACADEMIC EXCELLENCE WITH AN AVERAGE GPA OF 4.23 AND AVERAGE SAT SCORES OF 1334. UCF RANKS SECOND AMONG FLORIDA'S STATE UNIVERSITIES WITH 367 NATIONAL MERIT SCHOLARS ENROLLED. $108.2 MILLION WAS AWARDED TO BRIGHT FUTURES STUDENTS, THE SECOND-LARGEST AMOUNT IN FLORIDA. SEVENTY-TWO PERCENT OF UNDERGRADUATES RECEIVED FINANCIAL AID, WITH A TOTAL OF $615.7 MILLION AWARDED. SIXTY-TWO PERCENT OF FTIC (FIRST TIME IN COLLEGE) STUDENTS AT UCF GRADUATE WITHOUT ANY EDUCATIONAL DEBT; KIPLINGER AND FORBES RANK UCF AMONG THE NATION'S BEST EDUCATION VALUES. 8285258 4557130 689485 OTHER PROGRAM SERVICES DIRECTLY RELATED TO THE FOUNDATION'S MISSION. 8285258 4557130 689485 29993904 1 1 0 1 0 0 1 0 0 1 1 1 0 1 1 1 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 X 81 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 32 28 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 1 0 AK CA KY MD MA MI MN NH NJ NY OK OR SC UT WI X X GLEN DAWES 4078821225 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 SARA BERNARD DIRECTOR 1.00 0.00 X 0 0 0 CLINT BULLOCK DIRECTOR 1.00 0.00 X 0 0 0 BRIAN BUTLER CO-VICE CHAIR 1.00 0.00 X X 0 0 0 LORETTA COREY DIRECTOR 1.00 0.00 X 0 0 0 DIANE MAHONY DIRECTOR 1.00 0.00 X 0 0 0 CATHERINE MCCAW-ENGELMAN DIRECTOR 1.00 0.00 X 0 0 0 MARY BETH MORGAN DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER TOMASSO DIRECTOR 1.00 0.00 X 0 0 0 JOYCE VIRGA DIRECTOR 1.00 0.00 X 0 0 0 JOHN EULIANO IMMEDIATE PAST CHAIR AND CHAIR, GOVERNANCE COMMITT 1.00 0.00 X X 0 0 0 JESSICA BLUME DIRECTOR 1.00 0.00 X 0 0 0 ROSLYN BURTTRAM CO-VICE CHAIR AND CHAIR, DONOR ENGAGEMENT & STEWAR 1.00 0.00 X X 0 0 0 DR GIDEON LEWIS DIRECTOR 1.00 0.00 X 0 0 0 DANA PATTON SECRETARY 1.00 0.00 X X 0 0 0 MARK PLAUMANN AUDIT COMMITTEE CHAIR 1.00 0.00 X 0 0 0 KEVIN WYDRA DIRECTOR 1.00 0.00 X 0 0 0 JOHN BARRY FORBES DIRECTOR 1.00 0.00 X 0 0 0 LAURENCE CHRIS MARLIN DIRECTOR 1.00 0.00 X 0 0 0 THOMAS MCNAMARA DIRECTOR 1.00 0.00 X 0 0 0 MARC MCMURRIN DIRECTOR 1.00 0.00 X 0 0 0 KEVIN MILLER ATTORNEY DIRECTOR 1.00 0.00 X 0 0 0 DIANNE OWEN DIRECTOR 1.00 0.00 X 0 0 0 EVA TUKDARIAN CPA TREASURER AND CHAIR, FINANCE & FACILITIES COMMITTE 1.00 0.00 X X 0 0 0 RICK CARDENAS DIRECTOR 1.00 0.00 X 0 0 0 CARRIE DAANEN CHAIR AND CHAIR, INVESTMENT COMMITTEE 1.00 0.00 X X 0 0 0 JAMES HARHI DIRECTOR 1.00 0.00 X 0 0 0 STUART HEATON DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL HINN DIRECTOR 1.00 0.00 X 0 0 0 DR MICHAEL JOHNSON PROVOST, UNIVERSITY OF CENTRAL FLORIDA (UCF) EX-OF 1.00 40.00 X 0 0 0 MATT ASSENMACHER CHAIR, UCF ALUMNI BOARD EX-OFFICIO MEMBER 1.00 0.00 X 0 0 0 THE HONORABLE JOHN MIKLOS CHAIR, UCF BOARD OF TRUSTEES EX-OFFICIO MEMBER 1.00 0.00 X 0 0 0 DR ALEXANDER CARTWRIGHT PRESIDENT, UNIVERSITY OF CENTRAL FLORIDA (UCF) 1.00 40.00 X 0 0 0 KAREN COCHRAN INTERIM CHIEF EXECUTIVE OFFICER 40.00 0.00 X 0 322482 52356 RACHEL SCHAEFER CHIEF OPERATING OFFICER 40.00 0.00 X 0 200024 29558 GLEN DAWES CHIEF FINANCIAL OFFICER 40.00 0.00 X 0 227375 43561 MICHAEL MORSBERGER CHIEF EXEC. OFFICER (THRU 07/2021) 40.00 0.00 X 0 512315 63457 JEFFREY COATES ASSOCIATE VP ADV, COLLEGE & UNITS 40.00 0.00 X 0 247552 32837 MARK WRIGHT ASSOCIATE VP, ATHLETICS DEVELOPMENT 40.00 0.00 X 0 272156 53698 CHARLES ROBERTS ASSISTANT VP, COM DEVELOPMENT 40.00 0.00 X 0 203872 49274 HEATHER JUNOD ASSOCIATE VP, ALUMNI ENGAGEMENT & ANNUAL GIVING 40.00 0.00 X 0 196235 41022 PATRICK CROWLEY ASSOCIATE VP, ADVANCEMENT MARKETING & COMMUNICATIO 40.00 0.00 X 0 182816 38685 0 2364827 404448 23 0 1 0 ENCORE MAINTENANCE SERVICES INC 460 W SR 434 STE 104 LONGWOOD FL 32750 MAINTENANCE 508535 CONTRIBUTOR DEVELOPMENT PARTNERSHIP PBC TEN GUEST STREET 5TH FLOOR BOSTON MA 02241 WUCF-TELEVISION/ RADIO EXPENSES 504588 SHAFFER AIR INC 12488 KIRBY SMITH RD ORLANDO FL 32832 BLDG SRVCS - A/C REPAIR AND REPLACEMENT 410208 GRENZEBACH GLIER AND ASSOCIATES INC 200 SOUTH MICHIGAN AVENUE SUITE 21 CHICAGO IL 60604 CONSULTING SERVICES 402760 DIGITAL CONVERGENCE ALLIANCE INC 1300 NORTH BLVD TAMPA FL 33607 MASTER CONTROL SERVICES FOR WUCF TV 371445 24 40875 12764343 37197841 1597830 50003059 PROGRAM REVENUES 611710 912348 912348 912348 1966251 57476 1908775 125646 125646 22111013 10763826 11347187 11347187 11347187 235977222 226605202 9372020 9372020 9372020 48692 40875 63933 -15241 -15241 127450 88870 38580 38580 ADVERTISING REVENUE 541800 35795 35795 35795 73785645 912348 131851 22738387 21948080 21948080 35248 35248 1337597 710364 627233 8410113 1062324 3819806 3527983 855240 66794 369285 419161 1845039 146585 786400 912054 754913 162573 357690 234650 18845 1200 17645 55903 55903 215029 215029 67645 67645 1041251 1041251 2248721 1218118 403546 627057 272766 232537 26995 13234 563243 160095 107916 295232 1345138 176244 1095023 73871 52131 52131 181709 73635 23238 84836 391113 238341 71211 81561 193415 8842 184573 111902 4811 107091 UCF PROGRAMMING 2461649 2460149 1500 BANQUETS & RECEPTION 1391471 1045652 271228 74591 FURNITURE, EQUIPMENT AN 444585 232453 83516 128616 SPONSORSHIP/MEMBERSHIPS 93179 63196 29983 597490 389867 85532 122091 46933415 29993904 9649696 7289815 1100 600 53213899 18719649 19908537 24355782 4287726 9914885 1016617 1156257 165587357 37855382 130175184 127731975 88122366 21670628 187606077 264798778 302593 115506662 484634099 583855216 3260109 1759366 15051 21824 69247000 64320000 387770 114419418 72909930 180520608 X 203409663 189017143 60928184 63411978 147386322 150905487 411724169 403334608 484634099 583855216 26852230 -37118813 1877022 0 X 0 1 X 1 0 X 52586430 41905820 32949173 74281753 50003059 251726235 52586430 41905820 32949173 74281753 50003059 251726235 251726235 12620198 13459049 19502691 16968158 24202910 86753006 28408 51925 26339 33599 74375 214646 66211 83505 251816 6102 407634 339101521 6732832 0.74230 0.76540 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2017 AMOUNT: $ 66,211. 2018 AMOUNT: $ 83,505. 2019 AMOUNT: $ 251,816. 2020 AMOUNT: $ 6,102. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 215029 0 0 215029 0 PART II-B, LINE 1: THE FOUNDATION PROVIDES FUNDING FOR GOVERNMENTAL RELATIONS AND LOBBYING EFFORTS ON BEHALF OF THE UNIVERSITY. THE GOVERNMENT RELATIONS INCLUDE CULTIVATING, MAINTAINING, AND ENHANCING THE LINK BETWEEN UCF AND THE VARIOUS PUBLICS IT SERVES AND TO CREATE AND IMPLEMENT COMMUNITY-BASED PROGRAMS. THIS IS TO INCREASE KNOWLEDGE AND UNDERSTANDING OF THE UNIVERSITY WITHIN KEY EXTERNAL COMMUNITIES. X 1 0.25 0 0 1 0 1.00 0 201082148 45320480 -21488290 2139285 3143242 4470954 215160857 162921611 3593722 44565300 1992045 3959396 4047044 201082148 164776217 4839565 2134076 1856633 4460230 2511384 162921611 163512131 3103705 7946303 1851418 4418779 3515725 164776217 156908945 6040685 10144015 1346979 3957296 4277239 163512131 0.19000 0.81000 0.00000 0 0 63806413 63806413 97864385 36050446 61813939 359357 289257 70100 3557202 1515679 2041523 127731975 SSGA RUSSELL 1000 (R) INDX NL CTF 59602482 F GLOBAL ALPHA INTL SMALL CAP FUND LP 4215094 F GQG PARTNERS GLOBAL EQUITY FUND 16369641 F ACADIAN ALL COUNTRY WORLD EX US FUND 16603790 F WTC-CTF INTERNATIONAL OPPS 17460439 F NHIT: CORE DISCIPLINED ALPHA TRUST 79357647 F LOOMIS NHIT: CREDIT ASSET TRUST CL B 11682487 F HEDGE FUNDS 18418280 F PRIVATE EQUITY 27270957 F PRIVATE DEBT 11582849 F REAL ASSETS 2235112 F 264798778 OTHER NON-CURRENT ASSETS 306013 LEASE RECEIVABLE 115200649 115506662 TENANT SECURITY & KEY DEPOSIT 31870 ANNUITY PAYMENT LIABILITY 310896 DEFERRED LEASE INFLOWS 114076652 114419418 X 46507430 -37118813 10916629 -26202184 72709614 1041251 34780 1076031 73785645 56774013 10916629 10916629 45857384 1041251 34780 1076031 46933415 PART II, LINE 9: THE FOUNDATION HAS ONE CONSERVATION EASEMENT (50 FOOT CONSERVATION EASEMENT FOR DRAINAGE ALONG THE EASTERLY BOUNDARY OF THE PROPERTY), WHICH WAS INCLUDED IN THE VALUE OF THE LAND ON THE FOUNDATION'S BALANCE SHEET. PART V, LINE 4: THE FOUNDATION AUTHORIZES SPENDING FROM ITS ENDOWMENT TO SUPPORT THE UNIVERSITY'S STUDENT SCHOLARSHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, AND ACADEMIC PROGRAMS. PART X, LINE 2: THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF ITS TAX POSITION IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED AGAINST RENTAL REVENUE 10,763,826. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 63,933. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 88,870. PART XI, LINE 4B - OTHER ADJUSTMENTS: VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 34,780. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED AGAINST RENTAL REVENUE 10,763,826. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 63,933. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 88,870. PART XII, LINE 4B - OTHER ADJUSTMENTS: VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 34,780. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 363676 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS N/A 977621 0 0 0 0 0 0 1341297 0 1341297 1 0 0 0 1 0 PART III ACCOUNTING METHOD: X X X X X X X 1 MONGOOSE RESEARCH 6506 EAST QUAKER STREET SUITE 202 ORCHARD PARK FL 32907 TEXTING PLATFORM FOR ALUMNI PHILANTHROPY ENGAGEMENT 0 0 32713 -32713 SWISH LLC PO BOX 721648 ORLANDO FL 32827 MEDIA ACTIVATION 0 0 24521 -24521 ZURI GROUP LLC 328 NW BOND STREET SUITE 204 BEND OR 97703 PROJECT CONSULTING 0 0 8661 -8661 65895 -65895 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS MO NH NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI NV NJ LA VARSITY KNIGHTS 58815 30836 27979 48454 FOOTBALL KICKOFF LUNCHEON 13850 3970 9880 0 2 16902 6069 10833 4239 11240 89567 40875 48692 4239 59694 63933 -15241 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE FOUNDATION USED THE FOLLOWING FUNDRAISERS FOR THE CURRENT TAX YEAR: MONGOOSE RESEARCH, SWISH LLC AND ZURI GROUP LLC. THERE WERE NO GROSS RECEIPTS GENERATED FROM THESE VENDORS SINCE THE VENDORS ARE PROVIDING CONSULTING SERVICES TO THE FOUNDATION'S DEVELOPMENT OFFICE REGARDING SOLICITATION STRATEGIES AND TECHNOLOGY ENHANCEMENTS. PART I, LINE 2: 0 UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 592924021 115(1) 14118452 0 FUNDING FOR PROGRAMS AND SCHOLARSHIPS UCF GOLDEN KNIGHTS CORPORATION INC PO BOX 163555 ORLANDO FL 32826 203794571 501(C)(3) 255080 0 ATHLETICS STADIUM SUPPORT UCF CONVOCATION CORPORATION INC 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 161733312 501(C)(3) 696636 0 CONVOCATION CENTER SUPPORT UCF ATHLETICS ASSOCIATION INC PO BOX 163555 ORLANDO FL 32826 592334448 501(C)(3) 5425533 0 ATHLETIC SCHOLARSHIP AND PROGRAM SUPPORT UNIVERSITY OF CENTRAL FLORIDA RESEARCH FOUNDATION 12201 RESEARCH PARKWAY ORLANDO FL 32826 593086453 501(C)(3) 1292669 0 RESEARCH ACTIVITY UCF LIMBITLESS SOLUTIONS 12424 RESEARCH PARKWAY SUITE 300 ORLANDO FL 32826 471944657 501(C)(3) 159710 0 RESEARCH & DEVELOPMENT 6 0 BOOKS 3 755 PURCHASE PRICE BOOKS EDUCATIONAL EQUIPMENT AND SUPPLIES 660 11881 PURCHASE PRICE EQUIPMENT/SUPPLIES TICKETS, CLOTHES, MEALS, AND MISC. FOR STUDENTS 742 4365 PURCHASE PRICE TICKETS/CLOTHES/MEALS TRAVEL AND REGISTRATION PAYMENTS FOR VARIOUS STUDENTS 122 18247 PURCHASE PRICE TRAVEL/REGISTRATION PART I, LINE 2: THE FOUNDATION MAINTAINS THE APPROVED EXPENDITURE REQUEST WHICH SUBSTANTIATE THE GRANT AMOUNTS PROVIDED TO THE RECIPIENTS. THE FOUNDATION MAINTAINS DONOR INFORMATION, RELATED CONTRIBUTION DOCUMENTATION, AND ANY DONOR RESTRICTIONS OUTLINED BY THE DONOR INCLUDING SCHOLARSHIP CRITERIA. THE GRANTS ARE MADE TO THE UNIVERSITY OR UNIVERSITY AFFILIATED ENTITIES AND THE FOUNDATION RELIES ON THE POLICIES, PROCEDURES, AND CONTROLS ESTABLISHED BY THESE ENTITIES FOR EXPENDITURE TRACKING AND PROPER ADMINISTRATION OF THE GRANTS FOR SCHOLARSHIP AWARDS. X X 1 1 X 1 0 0 0 0 0 0 0 0 MICHAEL MORSBERGER CHIEF EXEC. OFFICER (THRU 07/2021) 0 329901 0 0 0 182414 0 49561 0 13896 0 575772 0 0 KAREN COCHRAN INTERIM CHIEF EXECUTIVE OFFICER 0 322003 0 0 0 479 0 25939 0 26417 0 374838 0 0 MARK WRIGHT ASSOCIATE VP, ATHLETICS DEVELOPMENT 0 265196 0 6600 0 360 0 28457 0 25241 0 325854 0 0 JEFFREY COATES ASSOCIATE VP ADV, COLLEGE & UNITS 0 247073 0 0 0 479 0 22289 0 10548 0 280389 0 0 GLEN DAWES CHIEF FINANCIAL OFFICER 0 227375 0 0 0 0 0 20709 0 22852 0 270936 0 0 CHARLES ROBERTS ASSISTANT VP, COM DEVELOPMENT 0 203872 0 0 0 0 0 22023 0 27251 0 253146 0 0 HEATHER JUNOD ASSOCIATE VP, ALUMNI ENGAGEMENT & AN 0 195035 0 1200 0 0 0 17828 0 23194 0 237257 0 0 RACHEL SCHAEFER CHIEF OPERATING OFFICER 0 199545 0 0 0 479 0 18093 0 11465 0 229582 0 0 PATRICK CROWLEY ASSOCIATE VP, ADVANCEMENT MARKETING 0 181616 0 1200 0 0 0 16532 0 22153 0 221501 0 0 PART I, LINE 1A 1. TAX INDEMNIFICATION AND GROSS UP PAYMENTS - FOR VARIOUS UNIVERSITY EMPLOYEES, THE FOUNDATION MADE SUPPLEMENT PAYMENTS CALCULATED ANNUALLY WHICH INCLUDED GROSSED-UP AMOUNTS FOR TAX PURPOSES PER UNIVERSITY POLICY. THE TOTAL GROSSED-UP AMOUNTS WERE INCLUDED IN THE EMPLOYEES' REPORTABLE TAXABLE COMPENSATION. TOTAL GROSSED-UP AMOUNTS IS $62,503. 2. HEALTH OR SOCIAL CLUB DUES - THE FOUNDATION PROVIDES CERTAIN SOCIAL CLUB MEMBERSHIPS FOR FUNDRAISING, DONOR CULTIVATION, OR OTHER BUSINESS PURPOSES. THE PERSONAL PORTION OF THE MEMBERSHIPS IS INCLUDED IN THE INDIVIDUALS' TAXABLE COMPENSATION. TOTAL CLUB DUES PAID WERE $12,416. PART I, LINE 4A: IN FISCAL YEAR 2021, THE ORGANIZATION ACCRUED SEVERANCE PAYMENT TO THE CHIEF EXECUTIVE OFFICER IN THE AMOUNT $174,000.00. ON JULY 22, 2021, A TOTAL OF $171,527 WAS PAID TO HIM. A UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC 596211832 2008-12-30 10400000 REFUND PRIOR ISSUE 2008 0 0 0 B UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC 596211832 2018-12-11 6000000 FUND PURCHASE OF DLC BUILDING 0 0 0 A 1640000 10400000 1 0 1 1 B 5939484 60516 0 0 1 1 A 0 1 0 1 1 0.00930 0.00930 0 0 0 B 0 1 0 1 1 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 B 1 X 1 0 X 0 X 0 X 17429 1597830 PUBLISHED MKT VALUE X 2 0 X 12 0 X FURNITURE 2 0 X EQUIPMENT 14 0 X MISCELLANEOUS 1 0 0 0 1 1 PART I, LINE 30B: LINE 1, 4, 5, 18, 19, 25, 26, & 27 THE FOUNDATION RECEIVED SEVERAL DONOR GIFT IN-KIND CONTRIBUTIONS DURING THE YEAR INCLUDING EQUIPMENT, ART WORK AND OTHER PROGRAM RELATED GIFTS IN-KIND. THESE GIFTS IN-KIND PASSED THROUGH THE FOUNDATION TO THE UNIVERSITY AND ARE NOT INCLUDED IN THE FOUNDATION'S REVENUE BECAUSE THE FOUNDATION ONLY SERVES AS AN AGENT FOR THE UNIVERSITY. PART I, LINE 32B: PART II - PART I USE OF THIRD PARTY TO SELL NONCASH CONTRIBUTIONS. THE FOUNDATION INSTRUCTS U.S. BANK, AS CUSTODIAN OF ITS INVESTMENTS, TO SELL ANY STOCK GIFTS RECEIVED BY THE FOUNDATION. STOCKS ARE VALUED AT THE AVERAGE OF THE HIGH AND LOW MARKET PRICE ON THE DAY OF RECEIPT. FORM 990, PART V, LINE 2A NUMBER OF EMPLOYEES REPORTED ON FORM W3: ALL EMPLOYEES ARE UNIVERSITY OF CENTRAL FLORIDA EMPLOYEES; THEREFORE, THE UNIVERSITY OF CENTRAL FLORIDA ADMINISTERS THE EMPLOYEE COMPENSATION AND HUMAN RESOURCE PROCESS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS AUTHORIZED AND EMPOWERED TO ACT FOR, IN THE NAME OF AND ON BEHALF OF THE UCF FOUNDATION BOARD AT ALL TIMES WHEN THE BOARD IS NOT MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FOLLOWING IS THE REVIEW AND DISTRIBUTION PROCESS FOR THE FOUNDATION'S ANNUAL FORM 990: THIS PROCESS SHALL BE FOLLOWED EACH YEAR PRIOR TO FILING THESE DOCUMENTS WITH THE IRS. 1. THE CFO AND CEO SHALL REVIEW BOTH THE FORM 990 AND THE FORM 990-T AND RESOLVE ANY OUTSTANDING ISSUES OR QUESTIONS WITH THE INDEPENDENT ACCOUNTING FIRM REVIEWING OR PREPARING THE FORMS BEFORE DISTRIBUTION TO THE AUDIT COMMITTEE OR THE BOARD. IT IS THE CFO'S AND CEO'S RESPONSIBILITY TO CONFIRM THAT THESE FORMS DO NOT CONTAIN ANY UNTRUE STATEMENTS OR OMIT ANY MATERIAL FACTS AS WELL AS ENSURE THE FINANCIAL INFORMATION FAIRLY REPRESENTS THE FOUNDATION'S FINANCIAL CONDITION FOR THE PERIOD BEING REPORTED. 2. THE AUDIT COMMITTEE SHALL REVIEW THE DRAFT FORM 990 PRIOR TO FILING WITH THE IRS AND SHALL DOCUMENT THEIR DISCUSSION AND REVIEW OF THE DOCUMENTS IN THE COMMITTEE MEETING MINUTES. FINAL REVIEW OF THE FORM 990 IS SPECIFICALLY DELEGATED TO THE AUDIT COMMITTEE AND NO FURTHER REVIEW SHALL BE REQUIRED BEFORE SUCH FORMS ARE FILED WITH THE IRS. THE DRAFT FORM 990 SHALL BE PROVIDED TO EACH VOTING BOARD MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. DISTRIBUTION MAY BE IN THE FORM OF ELECTRONIC MAIL, NOTIFICATION LINK TO AN ELECTRONIC WEBSITE, OR ACTUAL MAILING OF THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND KEY EMPLOYEES SHALL BE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE FORM. THIS ANNUAL DISCLOSURE FORM WILL REQUEST SPECIFIC INFORMATION REGARDING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE FOUNDATION AND WHETHER PROCESS FOR APPROVAL SET FORTH IN THIS POLICY WAS USED. AN INTERESTED PERSON WHO HAS OR LEARNS ABOUT A POTENTIAL CONFLICT SHOULD DISCLOSE PROMPTLY TO THE CHAIR OF THE BOARD DUE DILIGENCE COMMITTEE AND THE FOUNDATION'S CFO THE MATERIAL FACTS SURROUNDING ANY POTENTIAL CONFLICT OF INTEREST, INCLUDING SPECIFIC INFORMATION CONCERNING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE FOUNDATION. ALL EFFORTS SHOULD BE MADE TO DISCLOSE ANY SUCH CONTRACT OR TRANSACTION AND HAVE IT APPROVED BY THE COMMITTEE BEFORE THE ARRANGEMENT IS ENTERED INTO. FOLLOWING RECEIPT OF INFORMATION CONCERNING A CONTRACT OR TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST. THE BOARD DUE DILIGENCE COMMITTEE SHALL CONSIDER THE MATERIAL FACTS CONCERNING THE PROPOSED CONTRACT OR TRANSACTION, INCLUDING THE PROCESS BY WHICH THE DECISION WAS MADE TO RECOMMEND ENTERING INTO THE ARRANGEMENT ON THE TERMS PROPOSED. THE COMMITTEE SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE TO THE FOUNDATION AND THE ARRANGEMENT IS CONSISTENT WITH THE BEST INTEREST OF THE FOUNDATION. FAIRNESS INCLUDES, BUT IS NOT LIMITED TO, THE CONCEPTS THAT THE FOUNDATION SHOULD PAY NO MORE THAN FAIR MARKET VALUE FOR ANY GOODS OR SERVICES WHICH THE FOUNDATION RECEIVES AND THAT THE FOUNDATION SHOULD RECEIVE FAIR MARKET VALUE CONSIDERATION FOR ANY GOODS OR SERVICES THAT IT FURNISHES OTHERS. WHEN AN INTERESTED PERSON BECOMES AWARE OF A PROPOSED CONFLICT OF INTEREST TRANSACTION, HE OR SHE WILL HAVE A DUTY TO TAKE THE FOLLOWING ACTIONS: (A) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF SUCH CONFLICT OF INTEREST TRANSACTION TO THE CHAIR OF THE DUE DILIGENCE COMMITTEE AND TO THE FOUNDATION'S CFO; (B) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE FOUNDATION TO ENTER INTO THE CONFLICT OF INTEREST TRANSACTION; (C) AND PHYSICALLY RECUSE THEMSELVES FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE CONFLICT OF INTEREST TRANSACTION WITH OFFICIALS OF THE FOUNDATION, AT MEETINGS OF THE BOARD OF DIRECTORS, AND WITH OTHER MEMBERS OF THE FOUNDATION COMMUNITY, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION ABOUT THE CONFLICT OF INTEREST TRANSACTION. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF THE VOTE ON THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15B THE UNIVERSITY HUMAN RESOURCES DEPARTMENT REVIEWS COMPARABLE SALARY DATA. MARKET DATA FROM SALARY SURVEY SOURCES IS USED TO ASSIGN AN ACCURATE VALUE TO THE POSITION IN THE EXTERNAL LABOR MARKET. SURVEY MATCHES ARE BASED ON THE PRIMARY DUTIES OF THE POSITION. THE SURVEY DATA PROVIDES SALARY AND DEMOGRAPHIC DATA FOR SELECTED POSITIONS NATIONWIDE AND IS REPORTED IN A STATISTICAL FORMAT INDICATING THE AVERAGE AND MEDIAN SALARIES AND ADDITIONAL PERCENTILES (I.E. 25TH, 75TH). THE UNIVERSITY HR DEPARTMENT REVIEWS COMPARABLE SURVEY DATA WHEN AN EMPLOYEE IS HIRED OR PROMOTED. THE EXECUTIVE COMMITTEE CONSISTS OF THE FOLLOWING: THE CHAIR, VICE CHAIRS, SECRETARY, TREASURER, IMMEDIATE PAST CHAIR, UNIVERSITY PRESIDENT, CHAIR OF THE BOARD OF TRUSTEES, CHAIR OF THE UCF ALUMNI BOARD OF DIRECTORS, CHAIR OF ALL OTHER STANDING COMMITTEES OF THE UCF FOUNDATION BOARD. THE UCF FOUNDATION BOARD AND ITS COMMITTEES ADHERE TO ROBERT'S RULES AND ALL DELIBERATIONS OCCUR WITHIN PUBLICLY NOTICED MEETINGS IN ACCORDANCE WITH FLORIDA SUNSHINE LAW. ANY OFFICIAL ACTION MUST BE APPROVED BY A VOICE VOTE. PROXIES OR WRITTEN VOTES ARE NOT PERMITTED. WE CAPTURE FULL MEETING MEETINGS, INCLUDING ACTIONS, IN WRITING. THESE MINUTES ARE STORED WITHIN OUR ELECTRONIC RECORDS UPON THE RESPECTIVE COMMITTEE'S APPROVAL VIA AN OFFICIAL ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, 990 TAX DOCUMENTS, AND FINANCIAL STATEMENTS ARE PUBLISHED ON THE FOUNDATION'S WEBSITE OR ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). UNIVERSITY OF CENTRAL FLORIDA REAL ESTATE FOUNDATION 12424 RESEARCH PRKY STE 140 ORLANDO FL 32826 596211832 REAL ESTATE FL 0 82430777 N/A KNIGHTS KROSSING STUDENT HOUSING LLC 12424 RESEARCH PRKY STE 140 ORLANDO FL 32826 596211832 REAL ESTATE FL 0 9733000 N/A UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 592924021 EDUCATION FL 115(1) N/A N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 UNIVERSITY OF CENTRAL FLORIDA B 14118452 CASH PAID UNIVERSITY OF CENTRAL FLORIDA K 1561037 CASH PAID UNIVERSITY OF CENTRAL FLORIDA S 11850266 FMV UNIVERSITY OF CENTRAL FLORIDA R 5217172 FMV