2023-05-03T12:05:05-05:00 2022-06-30 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2021-07-01 310896555 THE UNIVERSITY OF CINCINNATI FOUNDATION UNIV 5135566781 PO BOX 19970 CINCINNATI OH 452190970 THOMAS D FREEMAN V.P., CFO AND TREASURER 5135566781 2023-05-01 1 THOMAS FREEMAN 999009999 DORI J EGGETT P00645252 3037409400 2023-05-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z RAE MANG PO BOX 19970 CINCINNATI OH 452190970 165026407 0 X HTTP://FOUNDATION.UC.EDU X 1977 OH TO INSPIRE A COMMUNITY OF UC AND UC HEALTH SUPPORTERS THROUGH THE POWER OF PHILANTHROPY. 53 53 261 3336 110000 109000 67880064 95558765 25220988 23622301 23748450 24057277 125862 -173650 116975364 143064693 65186607 93726857 0 0 17811089 19503266 0 0 24379525 10193942 12628586 93191638 125858709 23783726 17205984 757922023 743496538 41284046 39194817 716637977 704301721 MISSION: TO INSPIRE A COMMUNITY OF UC AND UC HEALTH SUPPORTERS THROUGH THE POWER OF PHILANTHROPY.VISION: IGNITING PASSION TO TRANSFORM LIVES. 0 0 96909926 93726857 23512301 THE UC FOUNDATION IS THE FUNDRAISING ENTITY FOR THE UNIVERSITY OF CINCINNATI. THE UC FOUNDATION EXISTS TO ADVANCE THE FUTURES OF THE UNIVERSITY, ITS COLLEGES, UNITS, DEPARTMENTS, FACULTY AND STUDENTS THROUGH PHILANTHROPY AND TO PROMOTE ALUMNI ENGAGEMENT. ALL PROGRAM SERVICE ALLOCATIONS ARE MADE TO OR FOR THE BENEFIT OF THE UNIVERSITY OF CINCINNATI. IN ADDITION TO THE ABOVE, THE UC FOUNDATION ALSO PROVIDES FUNDRAISING SERVICES FOR UC HEALTH AND RECORDS DONATIONS RECEIVED BY THE LINDNER CENTER OF HOPE. THE DONATIONS RECORDED BY THE UC FOUNDATION FOR UC HEALTH, THE LINDNER CENTER OF HOPE AND DONATIONS RECEIVED DIRECTLY BY THE UNIVERSITY OF CINCINNATI ARE NOT INCLUDED IN THE FORM 990 AS CONTRIBUTION AND GRANT REVENUE. 96909926 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 46 0 1 261 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 53 53 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CA CO CT IL KY LA ME MD MA MI MN NH NJ NM NY ND OK OR PA RI SC TN UT WV WI X X THOMAS D FREEMAN 5135566781 PO BOX 19970 CINCINNATI OH 452190970 LEIGH R FOX VICE CHAIR, EFFECTIVE 4/22 1.00 0.00 X X 0 0 0 RAE A MANG CHAIR EFFECTIVE 12/20 1.00 0.00 X X 0 0 0 ALVIN H CRAWFORD MD TRUSTEE 1.00 0.00 X 0 0 0 AMANDA WAIT TRUSTEE 1.00 0.00 X 0 0 0 ANDREA K WIOT TRUSTEE 1.00 0.00 X 0 0 0 ANDREA I ZAHUMENSKY TRUSTEE 1.00 0.00 X 0 0 0 ANIL HINDUJA TRUSTEE 1.00 0.00 X 0 0 0 BARBARA FANT TRUSTEE 1.00 0.00 X 0 0 0 CARRIE K HAYDEN TRUSTEE 1.00 0.00 X 0 0 0 CORA K OGLE TRUSTEE 1.00 0.00 X 0 0 0 DARRELL D MILLER TRUSTEE 1.00 0.00 X 0 0 0 DIANNE G DUNKELMAN TRUSTEE 1.00 0.00 X 0 0 0 EDWIN L BOWMAN III TRUSTEE 1.00 0.00 X 0 0 0 ELLEN RIEVESCHL TRUSTEE 1.00 0.00 X 0 0 0 ERIC C BROYLES TRUSTEE 1.00 0.00 X 0 0 0 EVA L MADDOX TRUSTEE 1.00 0.00 X 0 0 0 GARY D JOHNS TRUSTEE 1.00 0.00 X 0 0 0 GYAN JHA TRUSTEE 1.00 0.00 X 0 0 0 JACQUELINE C NEUMANN TRUSTEE 1.00 0.00 X 0 0 0 JAMES BOYCE TRUSTEE 1.00 0.00 X 0 0 0 JEROME C KATHMAN TRUSTEE 1.00 0.00 X 0 0 0 JERRY L FRITZ TRUSTEE 1.00 0.00 X 0 0 0 JOHN B BERDING TRUSTEE 1.00 0.00 X 0 0 0 JOHN M TEW TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH P JUDGE TRUSTEE 1.00 0.00 X 0 0 0 JUDY L PERSHERN TRUSTEE 1.00 0.00 X 0 0 0 KATHRYN A HOLLISTER TRUSTEE 1.00 0.00 X 0 0 0 KEN V BYERS TRUSTEE 1.00 0.00 X 0 0 0 KIMBERLEE J DOBBS TRUSTEE 1.00 0.00 X 0 0 0 LAURENCE F JONES III TRUSTEE 1.00 0.00 X 0 0 0 LORI A BEER TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL PAXTON TRUSTEE 1.00 0.00 X 0 0 0 PETER A ALPAUGH TRUSTEE 1.00 0.00 X 0 0 0 PHIL D COLLINS TRUSTEE 1.00 0.00 X 0 0 0 RANDALL E SMITH TRUSTEE 1.00 0.00 X 0 0 0 RICHARD C SEAL TRUSTEE 1.00 0.00 X 0 0 0 ROBERT J KING TRUSTEE 1.00 0.00 X 0 0 0 ROBERT L FEALY TRUSTEE 1.00 0.00 X 0 0 0 ROBERT R BUCK TRUSTEE 1.00 0.00 X 0 0 0 RUSSELL C MYERS TRUSTEE 1.00 0.00 X 0 0 0 RUTHIE S KEEFE TRUSTEE 1.00 0.00 X 0 0 0 RYAN M RYBOLT TRUSTEE 1.00 0.00 X 0 0 0 SANDRA S WIESMANN TRUSTEE 1.00 0.00 X 0 0 0 SEAN P CONNELL TRUSTEE 1.00 0.00 X 0 0 0 SHAKILA T AHMAD TRUSTEE 1.00 0.00 X 0 0 0 SHENAN P MURPHY TRUSTEE 1.00 0.00 X 0 0 0 SHIMUL A SHAH TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN E KIMPEL TRUSTEE 1.00 0.00 X 0 0 0 STUART G HOFFMAN TRUSTEE 1.00 0.00 X 0 0 0 THOMAS CARLETON TRUSTEE 1.00 0.00 X 0 0 0 TIMOTHY A ELSBROCK TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM J DAVIS TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM T NEAT TRUSTEE 1.00 0.00 X 0 0 0 PETER LANDGREN PRESIDENT 40.00 0.00 X 525662 0 48352 THOMAS D FREEMAN VP, CFO, TREASURER 40.00 0.00 X 251392 9450 37601 HEATHER ELLISON DIR BOARD RELATION, SECRETARY 40.00 0.00 X 70641 0 13979 STEPHEN A ROSFELD VP FOR DEVELOPMENT 40.00 0.00 X 245664 0 45516 JENNIFER L HEISEY EX. DIR.,VP ALUMNI RELATIONS 40.00 0.00 X 245328 0 30889 CARRIE E WHITE VP ADVANCEMENT SERVICES 40.00 0.00 X 213962 0 30280 JONATHAN AGREE VP, DEVELOPMENT-AHC/UCH 40.00 0.00 X 208565 0 21736 KAREN HATCHER AVP DEVELOPMENT, ATHLETICS 40.00 0.00 X 202829 0 30462 CALEB WHITTED VP, PRINCIPAL GIVING 40.00 0.00 X 191839 0 36200 JULIE ENGEBRECHT VP, STRATEGIC COMMUNICATIONS 40.00 0.00 X 172634 0 31535 DANNY Z FERRELL EX, DIR. GIFT PLANNING 40.00 0.00 X 175475 0 34876 LINDA BLEDSOE VP, HUMAN RESOURCES 40.00 0.00 X 167143 0 31412 2671134 9450 392838 39 0 1 0 DINSMORE 255 E FIFTH ST SUITE 1900 CINCINNATI OH 45202 LEGAL SERVICES 118922 ASPEN LEADERSHIP GROUP LLC 1624 MARKET ST SUITE 226 DENVER CO 80202 EXECUTIVE SEARCH SERVICES 104448 2 619274 2974182 91965309 17437122 95558765 GENERAL MANAGEMENT FEE 561499 11841627 11841627 END FUND-RAISING ASSESSMENT 561499 8688156 8688156 GIFT INVESTMENT FEE REVENUE 561499 2189973 2189973 UC OTHER TRUSTEE FEE REVENUE 561499 284237 284237 ENDOWMENT ADMIN. FEE REVENUE 561499 270963 270963 347345 237345 110000 23622301 19734386 19734386 25437634 21114743 4322891 4322891 4322891 599831 619274 846971 -247140 -247140 SET COMMISSION 561499 73490 73490 73490 143064693 23512301 110000 23883627 93716540 93716540 10317 10317 2386723 255509 375840 1755374 13132112 1405851 2067927 9658334 1021066 109310 160788 750968 1898243 203215 298918 1396110 1065122 114026 167726 783370 107614 2527 62391 42696 141495 3323 82034 56138 208719 518 199444 8757 1182583 31149 708883 442551 1701342 671216 24889 1005237 176517 11852 11666 152999 1351945 71549 175888 1104508 446966 50511 57792 338663 267257 59828 4207 203222 244496 18798 103002 122696 52578 6309 7887 38382 111504 12584 14398 84522 FUNDRAISING ASSESSMENT 5792241 5792241 FINANCE CHARGES 348389 30259 4850 313280 CULTIVATION 259496 67689 9225 182582 MEMBERSHIP DUES 51643 3922 21490 26231 183801 53124 10013 120664 125858709 96909926 4569258 24379525 29991861 28125693 114227796 103651661 3512073 2860156 516045 313893 7872568 7578252 346895 294316 597917716 596826464 11409637 11424355 757922023 743496538 12695437 15447853 7500 52500 2938800 0 25642309 23694464 41284046 39194817 X 17843340 19211276 698794637 685090445 716637977 704301721 757922023 743496538 X 17205984 -25674210 -3868030 X X 0 1 X 1 0 X 71961197 66886666 70687266 67880064 95558765 372973958 192654 234694 192654 192654 192654 1005310 72153851 67121360 70879920 68072718 95751419 373979268 36984064 336995204 8531223 10812576 8736514 15075894 19734386 62890593 134722 135000 135000 135208 110000 649930 1517810 460859 417297 237768 673321 3307055 440826846 136083313 0.76450 0.80830 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENT REVENUE - 2017 AMOUNT: $ 1,517,810. 2018 AMOUNT: $ 460,859. 2019 AMOUNT: $ 417,297. 2020 AMOUNT: $ 237,768. 2021 AMOUNT: $ 599,831. SET COMMISSION - 2021 AMOUNT: $ 73,490. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 574891720 25036460 4615300 6649337 16418684 581475459 445514316 20704713 128959503 5691700 14595112 574891720 448937214 23224244 -4303132 5984315 16359695 445514316 420797221 26325497 12634393 2783362 8036535 448937214 385067705 27490580 17786417 2372624 7174857 420797221 0.00610 0.91660 0.07730 0 0 1890257 1599150 291107 1067360 1064964 2396 4914951 4914138 813 294316 AGENCY PAYABLE 19054758 TRUST HELD FOR THE BENEFIT OF OTHERS 3880193 REFUNDABLE DEPOSITS 759513 23694464 X 114496711 -25674210 192654 -2899779 -28381335 142878046 186647 186647 143064693 126832967 192654 968251 1160905 125672062 186647 186647 125858709 PART V, LINE 4: THE EARNINGS FROM THE UNIVERSITY OF CINCINNATI FOUNDATION ENDOWMENT FUNDS ARE TRANSFERRED TO THE UNIVERSITY OF CINCINNATI TO BE DISBURSED ACCORDING TO THE RESTRICTIONS OF EACH ENDOWMENT. THESE RESTRICTIONS INCLUDE SCHOLARSHIPS, AWARDS AND SUPPORT FOR THE COLLEGES AND DEPARTMENTS OF THE UNIVERSITY. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION AS DEFINED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, AS SUCH, IS EXEMPT FROM FEDERAL INCOME TAXES. THE FOUNDATION EVALUATES ITS UNCERTAIN TAX POSITIONS AS TO WHETHER IT IS MORE LIKELY THAN NOT A TAX POSITION COULD BE SUSTAINED IN THE EVENT OF AN AUDIT BY THE APPLICABLE TAXING AUTHORITY. ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS, AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. OPEN TAX YEARS FOR THE FOUNDATION INCLUDE 2021, 2020, AND 2019. AS OF JUNE 30, 2022 AND 2021, THE FOUNDATION HAS NO ASSETS OR LIABILITIES RECORDED RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -3,223,409. FUNDRAISING EVENT EXPENSES 846,972. PLEDGE LOSS -523,344. ROUNDING 2. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PV OF ANNUITIES PAYABLE 121,279. FUNDRAISING EVENT EXPENSES 846,972. BRAIN TUMOR CENTER WALK AHEAD 217747 208186 9561 366 8799 SUNFLOWER REVOLUTION 202006 201976 30 485 52723 24 799352 209112 590240 7492 398026 4528 374552 1219105 619274 599831 7492 398877 4528 436074 846971 -247140 1 UNIVERSITY OF CINCINNATI 2624 CLIFTON AVENUE CINCINNATI OH 45221 316000989 115 93716540 0 N/A N/A PROGRAM SUPPORT 1 0 TRAVEL GRANTS 10 10317 0 N/A N/A PART I, LINE 2: THE FOUNDATION WAS ESTABLISHED AS THE FUNDRAISING ENTITY FOR THE UNIVERSITY OF CINCINNATI. ALL MONEY RAISED IS TRANSFERRED TO THE UNIVERSITY. THE FOUNDATION DOES NOT DETERMINE THE USE OF THE GIFT FUNDS. FUNDS RAISED ARE ALLOCATED ACCORDING TO RESTRICTIONS ESTABLISHED BY DONORS. IF GIFTS ARE MADE WITHOUT DONOR RESTRICTIONS, ALLOCATION IS DETERMINED BY THE UNIVERSITY. X 1 1 X X X 0 0 0 1 0 0 0 0 0 PETER LANDGREN PRESIDENT 513266 0 0 0 12396 0 26000 0 22352 0 574014 0 0 0 THOMAS D FREEMAN VP, CFO, TREASURER 251134 9450 0 0 258 0 25113 0 12488 0 288993 9450 0 0 STEPHEN A ROSFELD VP FOR DEVELOPMENT 245610 0 0 0 54 0 19500 0 26016 0 291180 0 0 0 JENNIFER L HEISEY EX. DIR.,VP ALUMNI RELATIONS 245238 0 0 0 90 0 19500 0 11389 0 276217 0 0 0 CARRIE E WHITE VP ADVANCEMENT SERVICES 213903 0 0 0 59 0 19500 0 10780 0 244242 0 0 0 KAREN HATCHER AVP DEVELOPMENT, ATHLETICS 199438 0 3000 0 391 0 26000 0 4462 0 233291 0 0 0 JONATHAN AGREE VP, DEVELOPMENT-AHC/UCH 188473 0 20000 0 92 0 17573 0 4163 0 230301 0 0 0 CALEB WHITTED VP, PRINCIPAL GIVING 191789 0 0 0 50 0 14558 0 21642 0 228039 0 0 0 DANNY Z FERRELL EX, DIR. GIFT PLANNING 170412 0 5000 0 63 0 11929 0 22947 0 210351 0 0 0 JULIE ENGEBRECHT VP, STRATEGIC COMMUNICATIONS 172347 0 0 0 287 0 17209 0 14326 0 204169 0 0 0 LINDA BLEDSOE VP, HUMAN RESOURCES 166971 0 0 0 172 0 16677 0 14735 0 198555 0 0 0 PART I, LINE 1A THIS ITEM IS COMPREHENDED UNDER THE FOUNDATION'S APPROVED EXPENDITURE POLICY. PART I, LINE 5 BONUS AMOUNTS FOR EMPLOYEES ARE DETERMINED AS PART OF THE FOUNDATION'S PERFORMANCE MANAGEMENT SYSTEM AND ARE CONTINGENT UPON MEETING FUNDRAISING AND OTHER PERFORMANCE GOALS. BONUS AMOUNTS ARE EQUAL TO A PERCENTAGE OF AN EMPLOYEE'S SALARY OR MAY BE DISCRETIONARY BASED ON OVERALL EMPLOYEE PERFORMANCE. X 133 17437122 AVG HIGH/LOW PRICE 0 1 1 PART I, LINE 32B: PUBLICLY TRADED STOCK IS SOLD BY LOCAL STOCK BROKERS. SCHEDULE M, PART I, COLUMN (B): THE NUMBER LISTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE FINANCE & RISK COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. THE FINANCE & RISK COMMITTEE REPORTS ON THE RESULTS OF THEIR REVIEW TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR FINAL APPROVAL PRIOR TO FILING. THE FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES MUST ACT IN ACCORDANCE WITH THE FOUNDATION'S CONFLICT OF INTEREST POLICY. TRUSTEES SHALL DISCLOSE TO THE BOARD ANY ACTUAL, PERCEIVED, OR POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. WHERE A TRUSTEE'S BUSINESS OR OTHER RELATIONSHIP MAY BE INVOLVED IN A FINANCIAL TRANSACTION WITH THE FOUNDATION, SUCH TRANSACTION SHALL BE MADE AS A RESULT OF COMPETITIVE BIDDING OR OTHER OBJECTIVE MEASURE IN THE BEST INTEREST OF THE FOUNDATION, OR, WHERE PRICE IS NOT A FACTOR, DECISIONS SHALL BE MADE ONLY AFTER DISCUSSIONS BY THE BOARD OF TRUSTEES, AND ONLY WHERE IT IS CLEAR THAT NO OTHER SOURCE CAN BETTER SERVE THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 15 POSITION COMPENSATION IS COMPARED ANNUALLY TO MARKET COMPENSATION BENCHMARKING DATA BY THE HUMAN RESOURCES DEPARTMENT. EVALUATION OF INDIVIDUAL PERFORMANCE AGAINST ESTABLISHED GOALS OCCURS ANNUALLY. THE UNIVERSITY OF CINCINNATI FOUNDATION BOARD OF TRUSTEES COMPENSATION COMMITTEE REVIEWS AND APPROVES COMPENSATION DECISIONS. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN FISCAL YEAR 2022. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ANNUAL AUDIT REPORT WITH FINANCIAL STATEMENTS AND FOOTNOTES ARE ALSO AVAILABLE ON THE AUDITOR OF STATE OF OHIO WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN PV OF ANNUITIES PAYABLE -121,279. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -3,223,409. PLEDGE LOSS -523,344. ROUNDING 2. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. UCF REAL ESTATE LLC PO BOX 19970 CINCINNATI OH 45219 REAL ESTATE HOLDING OH 0 0 UNIVERSITY OF CINCINNATI FOUNDATION UCF HOLDINGS LLC PO BOX 19970 CINCINNATI OH 45219 REAL ESTATE HOLDING OH 0 0 UNIVERSITY OF CINCINNATI FOUNDATION UNIVERSITY OF CINCINNATI 2624 CLIFTON AVENUE CINCINNATI OH 45221 316000989 SCHOOL OH 115 N/A 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 1 0 UNIVERSITY OF CINCINNATI B 93716540 FMV UNIVERSITY OF CINCINNATI K 239472 FMV