2023-07-19T08:30:44-05:00 2021-06-30 135565207 KPMG LLP 191 W NATIONWIDE BLVD SUITE 500 COLUMBUS OH 43215 990 2020-07-01 470379839 UNIVERSITY OF NEBRASKA FOUNDATION UNIV 4024581100 PO BOX 82555 LINCOLN NE 68501 TROY K WILHELM CFO 4024581100 2023-06-28 1 TROY WILHELM 999009999 MOLLIE P LONGHOUSE P00294881 6142492300 2023-07-19 3 AAL1 IAL1 2020 2023-04-26 12:10:37Z X TROY K WILHELM 1010 LINCOLN MALL STE 300 LINCOLN NE 68508 1652992512 0 X WWW.NUFOUNDATION.ORG X 1936 NE SEE SCHEDULE OTHE UNIVERSITY OF NEBRASKA FOUNDATION GROWS RELATIONSHIPS AND RESOURCES THAT ENABLE THE UNIVERSITY OF NEBRASKA TO CHANGE LIVES AND SAVE LIVES. 17 15 233 83 -3535540 0 244889395 260888632 0 0 117297296 166819973 2616204 407771 364802895 428116376 169594135 236612437 0 0 22060668 22052473 664281 580245 19363192 21671732 22881073 213990816 282126228 150812079 145990148 2596674595 3267056557 379301585 460423804 2217373010 2806632753 THE UNIVERSITY OF NEBRASKA FOUNDATION GROWS RELATIONSHIPS AND RESOURCES THAT ENABLE THE UNIVERSITY OF NEBRASKA TO CHANGE LIVES AND SAVE LIVES. 0 0 236612437 236612437 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. 236612437 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 1 80 0 1 233 1 1 1 0 0 0 0 1 1 1 2 1 1 0 0 0 X 17 15 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA IN KY MD MA MN NH NY SC UT X X TROY K WILHELM 4024581100 1010 LINCOLN MALL SUITE 300 LINCOLN NE 68508 BRIAN F HASTINGS PRESIDENT & CEO 40.00 0.00 X X 483281 0 164961 WILLIAM D JACKMAN BOARD CHAIR 1.00 0.00 X X 0 0 0 DON VOELTE BOARD CHAIR - ELECT 1.00 0.00 X X 0 0 0 DAN BAHENSKY DIRECTOR 1.00 0.00 X 0 0 0 CHARLES D FRITCH MD DIRECTOR 1.00 0.00 X 0 0 0 CAREY HAMILTON DIRECTOR 1.00 0.00 X 0 0 0 ANNE HUBBARD DIRECTOR 1.00 0.00 X 0 0 0 ROBERT KELLEY DIRECTOR 1.00 0.00 X 0 0 0 RODRIGO LOPEZ DIRECTOR 1.00 0.00 X 0 0 0 JOANN MARTIN DIRECTOR 1.00 0.00 X 0 0 0 PAUL M MENDLIK DIRECTOR (START 10/2020) 1.00 0.00 X 0 0 0 JANE E MILLER DIRECTOR 1.00 0.00 X 0 0 0 ANGIE MUHLEISEN DIRECTOR 1.00 0.00 X 0 0 0 J SCOTT NELSON DIRECTOR 1.00 0.00 X 0 0 0 HOLLY OSTERGARD DIRECTOR (START 10/2020) 1.00 0.00 X 0 0 0 THOMAS H WARREN SR DIRECTOR 1.00 0.00 X 0 0 0 PAUL ENGLER DIRECTOR (THRU 10/2020) 1.00 0.00 X 0 0 0 NORMAN R HEDGECOCK DIRECTOR (THRU 10/2020) 1.00 0.00 X 0 0 0 MARGARET M HOLMAN DIRECTOR (THRU 10/2020) 1.00 0.00 X 0 0 0 STEVE W SELINE DIRECTOR (START 10/2020) 1.00 0.00 X 0 0 0 TROY K WILHELM CFO & TREASURER 40.00 0.00 X 280477 0 27882 KEITH D MILES SVP, GENERAL COUNSEL, CORP SEC 40.00 5.00 X 224576 0 36552 CHET A POEHLING ASSOC GENERAL COUNSEL, ASST CO 40.00 0.00 X 84435 0 25663 LORI BYRNE EVP, DEVELOPMENT 40.00 0.00 X 310229 0 41812 JOE SELIG SENIOR VICE PRESIDENT, UNL DEV 40.00 0.00 X 269789 0 32937 AMY VOLK SVP, UNMC DEVELOPMENT 40.00 0.00 X 245494 0 38019 BRIAN NEALE VP, INVESTMENTS 40.00 0.00 X 234908 0 37023 DARA TROUTMAN CHIEF OF STAFF 40.00 0.00 X 193116 0 21506 2326305 0 426355 38 0 1 0 RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 FUNDRAISING 579525 UNION BANK & TRUST COMPANY 6811 S 27TH STREET LINCOLN NE 68512 INVESTMENT MANAGER 477929 CLIFFWATER LLC 4640 ADMIRALTY WAY STE 1101 MARINA DEL RAY CA 90292 INVESTMENT MANAGER 433333 HARDING LOEVNER 400 CROSSING BLVD 4TH FLOOR BRIDGEWATER NJ 08807 INVESTMENT MANAGER 397668 FRONTIER CAPITAL MANAGEMENT COMPANY 99 SUMMER STREET BOSTON MA 02110 INVESTMENT MANAGER 345461 13 112407 260776225 21369635 260888632 39509658 -3535540 43045198 8037 8037 551716 151982 399734 399734 399734 1352034469 1224724154 127310315 127310315 127310315 428116376 0 -3535540 170763284 236612437 236612437 1111643 881769 229874 16206788 5168239 11038549 1163150 416292 746858 2343938 794257 1549681 1226954 440051 786903 161286 161286 45019 45019 142289 142289 580245 580245 13990371 13990371 290158 290158 1202378 1202378 75316 29215 46101 1812865 703210 1109655 10615 4118 6497 68274 26483 41791 559146 216893 342253 154273 59842 94431 PAID TO BENEFICIARIES 2362746 2362746 EQUIPMENT RENTAL 745280 289094 456186 TELEPHONE EXPENSE 81752 31712 50040 POSTAGE 80708 31307 49401 1098597 356406 742191 282126228 236612437 26150599 19363192 65355356 16182593 579128261 666406812 201559949 237382457 288118 1495131 0 0 0 0 2983428 3495511 0 0 376296 411446 38074584 12584750 30242033 25489834 682806508 859227646 1031146523 1453986997 0 0 0 0 2788123 2978130 2596674595 3267056557 5704685 6664497 29790472 10451878 0 0 0 0 0 0 0 0 0 0 0 0 343806428 443307429 379301585 460423804 X 52765600 90729239 2164607410 2715903514 2217373010 2806632753 2596674595 3267056557 X 145990148 444605085 -1335490 X 0 1 X 1 0 X 170073803 186350042 234855484 244889395 260888632 1097057356 0 0 0 0 0 0 0 0 0 0 170073803 186350042 234855484 244889395 260888632 1097057356 108379287 988678069 47850826 42595848 49109661 47958501 40069411 227584247 0 0 0 0 0 1324641603 0.74640 0.78820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94224 1898995 X X 0 1395834767 54897809 516114000 63012005 1903834571 1435753475 61080788 -41339929 59659567 1395834767 1398506973 40074300 54913732 57741530 1435753475 1309216091 48742930 96150705 55602753 1398506973 1191210120 36103062 134388492 52485583 1309216091 0.18650 0.81350 0 0 15782940 203716 15986656 5570365 1561823 673488 6458700 3562022 1323793 2238229 11393718 10587469 806249 25489834 LIMITED PARTNERSHIPS 300492000 F COMMINGLED FUNDS 421512776 F HEDGE FUNDS 6050000 F INDEX FUNDS - PUBLIC EQUITY 710045565 F CERTIFICATE OF DEPOSITS 10816023 C MISCELLANEOUS INVESTMENTS 5070633 C 1453986997 DEFERRED ANNUITIES PAYABLE 16647374 DEPOSITS HELD IN CUSTODY 426660055 443307429 X PART III, LINE 4: COLLECTIONS OF ART, HISTORICAL TREASURES, AND OTHER SIMILAR ASSETS THE COLLECTIONS INCLUDE 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. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE UNIVERSITY OF NEBRASKA. PART X, LINE 2: FIN 48 FOOTNOTE THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 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 JUDGMENT OCCURS. DURING FISCAL YEARS 2021 AND 2020, MANAGEMENT DETERMINED THERE ARE NO INCOME TAX POSITIONS REQUIRING RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. EUROPE (INCLUDING ICELAND AND GREENLAND) 4 INVESTMENTS 15841057 CENTRAL AMERICA AND THE CARIBBEAN 22 INVESTMENTS 182739090 0 26 0 0 0 26 198580147 0 198580147 1 0 0 0 1 0 PART III ACCOUNTING METHOD: PART-I LINE-3(F) VALUE OF INVESTMENTS: 199,587,693 EXPENSE PAID TO MANAGERS: 1,007,546 TOTAL ON PAGE 1: 198,580,147 X 1 RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 PHONE SOLICIT 0 314956 580245 -265289 314956 580245 -265289 AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV 1 UNIVERSITY OF NEBRASKA 3835 HOLDREGE STREET LINCOLN NE 68588 470049123 501(C)(3) 235038671 378770 FMV/APPRAISALS DONATED FOR UNIV USE UNIVERSITY SUPPORT THE ALUMNI ASSOC OF THE UNIVERSITY OF NE - LINCOLN 1520 R STREET LINCOLN NE 68508 470378980 501(C)(3) 350000 ALUMNI ASSOCIATION SUPPORT UNMC ALUMNI ASSOCIATION 985200 NEBRASKA MEDICAL CENTER OMAHA NE 68198 270733750 501(C)(3) 230000 ALUMNI ASSOCIATION SUPPORT NEBRASKA MEDICINE 987400 NEBRASKA MEDICAL CENTER OMAHA NE 68198 813158267 501(C)(3) 614996 PROGRAM SUPPORT 4 0 PART I, LINE 2: 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 1 1 X X X X 0 1 0 0 0 0 0 0 0 BRIAN F HASTINGS PRESIDENT & CEO 397206 0 69700 0 16375 0 145800 0 21595 0 650676 0 0 0 LORI BYRNE EVP, DEVELOPMENT 277906 0 20067 0 12256 0 22651 0 20545 0 353425 0 0 0 TROY K WILHELM CFO & TREASURER 260774 0 18562 0 1141 0 21213 0 8053 0 309743 0 0 0 JOE SELIG SENIOR VICE PRESIDENT, UNL DEV 246260 0 18064 0 5465 0 20645 0 13676 0 304110 0 0 0 AMY VOLK SVP, UNMC DEVELOPMENT 224496 0 16501 0 4497 0 18858 0 20545 0 284897 0 0 0 BRIAN NEALE VP, INVESTMENTS 217898 0 16104 0 906 0 18405 0 20002 0 273315 0 0 0 KEITH D MILES SVP, GENERAL COUNSEL, CORP SEC 204890 0 15217 0 4469 0 17391 0 20545 0 262512 0 0 0 DARA TROUTMAN CHIEF OF STAFF 179161 0 12982 0 973 0 14837 0 7465 0 215418 0 0 0 PART I, LINE 1A SOCIAL DUES FOR SELECTED EMPLOYEES AVAILABLE BASED UPON JOB RESPONSIBILITIES. PART 1, LINE 4B BRIAN HASTINGS PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN WHICH HAD ZERO DISTRIBUTIONS IN 2020. ANGIE MUHLEISEN CEO, UNION BANK & TRUST 502948 ASSET MGMT 0 PART VI BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONSANGIE MUHLEISEN IS THE PRESIDENT AND CEO OF UNION BANK AND TRUST. UNION BANK AND TRUST PROVIDES ASSET MANAGEMENT SERVICES TO THE UNIVERSITY OF NEBRASKA FOUNDATION. DURING FISCAL YEAR 2021, $502,948 WAS PAID TO UNION BANK AND TRUST FOR ASSET MANAGEMENT SERVICES. X 7 94224 APPRAISAL X 115000 APPRAISAL X 1021 FMV X 284 17217539 FMV X 1 265000 APPRAISAL X 3 3541906 APPRAISAL X 1 60000 FMV X INDUST ROBOTS 3 69527 FMV X LIVESTOCK 1 5008 FMV X CROPS 1 410 FMV 7 0 1 1 PART I, COLUMN (B): AMOUNTS LISTED IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTORS PART I, LINE 32B: THIRD PARTIES THE ORGANIZATION USES BROKERS TO SELL STOCK GIFTS AND REAL ESTATE GIFTS. FORM 990, BOX B, REASON FOR AMENDED RETURN PRESIDENT & CEO BRIAN HASTINGS PARTICIPATED IN A NONQUALIFIED DEFERRED COMPENSATION PLAN IN 2020 IN WHICH $123,000 WAS DEFERRED. THERE WERE ZERO DISTRIBUTIONS FROM THE PLAN IN 2020. THE ORIGINALLY FILED TAX RETURN INADVERTENTLY EXCLUDED THE DEFERRED COMPENSATION AMOUNT OF $123,000. THE AMENDED RETURN INCLUDES THE FOLLOWING CHANGES: FORM 990, PART VII, SECTION A, LINE 1(A) BRIAN HASTINGS COLUMN (F) WAS INCREASED BY $123,000 (FROM $41,961 TO $164,961). SCHEDULE J, PART I, LINE 4B IS NOW CHECKED "YES". SCHEDULE J, PART II, LINE 1, COLUMN C FOR BRIAN HASTINGS INCREASED BY $123,000 (FROM $22,800 TO $145,800). FORM 990, PART IV, LINE 4 THE UNIVERSITY OF NEBRASKA FOUNDATION DOES NOT ENGAGE IN LOBBYING ACTIVITIES. THE UNIVERSITY OF NEBRASKA ENGAGES AN EXTERNAL FIRM FOR AN INSUBSTANTIAL AMOUNT OF LOBBYING ACTIVITIES AND PAYS FOR THOSE SERVICES FROM UNRESTRICTED FUNDS HELD AT THE UNIVERSITY OF NEBRASKA FOUNDATION. FORM 990, PART VI, SECTION A, LINE 6 TRUSTEE MEMBERS TRUSTEES ARE CONSIDERED MEMBERS OF THE ENTITY. FORM 990, PART VI, SECTION A, LINE 7A ELECTIONS OF BOARD OF DIRECTORS TRUSTEES ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF THE FORM 990 THE APPROVAL OF THE FORM 990 HAS BEEN DELEGATED BY THE BOARD OF DIRECTORS TO THE TAX REVIEW SUBCOMMITTEE. THE TAX REVIEW SUBCOMMITTEE CONSISTS OF THREE ELECTED DIRECTORS - THE BOARD CHAIR, BOARD CHAIR-ELECT AND AUDIT COMMITTEE CHAIR. THE TAX REVIEW SUBCOMMITTEE 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, SECTION B, 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. THE INDIVIDUAL IS ALSO REQUIRED TO DISCLOSE ANY KNOWN OR POSSIBLE CONFLICTS THAT ARISE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 REVIEW OF 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. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS 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: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,335,490. UNF INVESTMENTS PO BOX 82555 LINCOLN NE 68501 470795794 BUSINESS DEV NE 395084 3024865 U OF NE FDN UNF CHARITABLE GIFT FUND 1010 LINCOLN MALL SUITE 300 LINCOLN NE 68508 200288992 CHAR. GIVING NE 501(C)(3) LINE 7 U OF NE FDN 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 UNF CHARITABLE GIFT FUND C 112407 ACCRUAL