2022-05-10T14:56:34-07:00 2021-06-30 990 2020-07-01 237394620 University of Alaska Foundation UNIV 9077861111 1815 Bragaw Street 206 Anchorage AK 99508 Stan Mishin Dir of Finance 2022-05-10 Stan Mishin 999009999 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z X Tod Burnett 1815 Bragaw Street 206 Anchorage AK 99508 137873116 false X www.alaska.edu/foundation X 1974 AK To seek, secure, and steward philanthropic support to build excellence at the University of Alaska. 26 22 0 33 -457519 19881875 34600588 2636 1910 10200841 70081962 -36442 721913 30048910 105406373 12604489 13734374 0 2856750 3253927 696615 476486 3382793 2114274 2222787 18272128 19687574 11776782 85718799 433420168 564787306 151850919 197499258 281569249 367288048 To seek, secure, and steward philanthropic support to build excellence at the University of Alaska. false false 6796248 6753743 Academic Program Support: The Foundation accepts, manages, and acts as fiduciary for all monetary gifts received on behalf of the University of Alaska (UA). Over 50% of program expenses go to support academic services, facilities, and related infrastructure across the UA System 4414198 4273029 Student Financial Aid: The Foundation receives monetary contributions from donors for the benefit of the University of Alaska students. Scholarships are available to students based on merit, financial need, outstanding achievement in specialized fields, or any combination these criteria. In FY21, the Foundation awarded 2013 scholarships to 1550 students. 2665097 2665097 Student & Public Support: The Foundation administers charitable gifts intended by donors to enhance student life, community engagement, and public learning. These include athletics, radio/tv stations, library, museum, and cooperative extension services among others. Support is accomplished through reimbursement of UA personnel costs, travel, operating expenses,and capital expenditures. 13875543 true true false true false false false false false true false true false false true false true true false false false false false true true false false true true true false false false false false false false false true false false false false true true true false false true 12 0 true 0 false false false false false true true false 0 false false false false false false false X 26 22 false false false false false true false true true false false false true true true true true true true false AK CA CO MA MD MN NH NJ OH OR UT WA X X Stan Mishin 9072351625 1815 Bragaw St Ste 206 Anchorage AK 99508 Dan White Director 0.50 54.50 X 0 322745 71094 Cathy Sandeen Director 0.50 54.50 0 312306 54081 Karen Carey Director 0.50 54.50 X 0 196667 26813 Megan Riebe AVP, Development 25.00 25.00 0 170834 37560 Susan Foley President 27.50 27.50 0 167627 38681 Bruce Schultz Director 0.50 54.50 X 0 185034 20400 Stan Mishin Dir of Finance 40.00 0.00 X 0 137448 49824 Pat Pitney Director 0.50 54.50 X 0 148628 27332 David Woodley Chief Data Officer 40.00 10.00 0 113138 49668 Emily Drygas Sr Dir Principal G 40.00 0.00 0 125285 35850 Tlisa Northcutt Chief Donor Relati 50.00 0.00 0 115316 42850 Tod Burnett President 27.50 27.50 X 0 66839 5274 Alex Slivka Director 0.75 0.00 X 0 0 0 Cary Keller Director 0.50 0.00 X 0 0 0 Laura Bruce Vice Chair 0.50 0.00 X X 0 0 0 Heather Cavanaugh Director 0.50 0.00 X 0 0 0 Aleesha Towns-Bain Director 0.50 0.00 X 0 0 0 Stephanie Erickson Director 0.50 0.00 X 0 0 0 Roald Helgesen Director 0.50 0.00 X 0 0 0 Linda Hulbert Secretary 0.50 0.00 X X 0 0 0 Meg Nordale Director 0.50 0.00 X 0 0 0 Stephanie Madsen Director 0.50 0.00 X 0 0 0 Brian Holst Director 0.50 0.00 X 0 0 0 Julee Farley Treasurer 0.50 0.00 X X 0 0 0 Mary K Hughes Director 0.50 0.00 X 0 0 0 Cindy Cartledge Chair 1.00 0.00 X X 0 0 0 Jo Heckman Director 0.50 0.00 X 0 0 0 Ella Goss Director 0.50 0.00 X 0 0 0 Todd Greimann Director 0.50 0.00 X 0 0 0 Darroll Hargraves Director 0.50 0.00 X 0 0 0 Rhonda Oliver Director 0.50 0.00 X 0 0 0 Jennifer Schrage Director 0.50 0.00 X 0 0 0 Tim Thompson Director 0.50 0.00 X 0 0 0 Jason Gootee Director 0.50 0.00 X 0 0 0 2061867 459427 0 true true false University of Alaska PO Box 756540 Fairbanks AK 997756540 Foundation Staffing 3214596 Ruffalo Noel Levitz LLC 1025 Kirkwood Parkway SW Cedar Rapids IA 52404 Fundraising 433786 2 17930 80975 1687023 32814660 10559953 34600588 Student & Public Support 900099 1910 1910 1910 2878591 -457519 3336110 0 1177 1177 0 99659936 32456565 67203371 67203371 67203371 17000 80975 10178 6822 6822 0 0 Actuarial Adj. of Remainder Trusts 900099 713914 713914 713914 105406373 715824 -457519 70547480 9461345 9461345 4273029 4273029 0 0 341438 250684 90754 0 1816916 59713 268681 1488522 506733 15571 116345 374817 552955 16241 117215 419499 35885 897 7669 27319 0 13801 13801 43482 43482 0 476486 476486 1253581 1253581 150319 148598 1721 66039 66039 43653 24036 19617 330148 48747 24997 256404 0 113796 113796 6825 6076 749 0 10201 10034 167 0 0 0 8371 8371 Fundraising Expenses 89576 89576 Education & Training 54336 5208 49128 Membership Dues & Subscription 27754 10246 17508 Licenses, Taxes & Fees 10905 6418 4487 0 19687574 13875543 2429238 3382793 0 6923304 8181055 9953653 14027551 0 0 0 0 133982 133982 117654 171887 0 126323631 172802993 288125683 366263402 1518821 2012332 0 323440 1194104 433420168 564787306 22788 5095751 6184617 6215629 133574 776041 145509940 185411837 151850919 197499258 X 28000792 32110566 253568457 335177482 281569249 367288048 433420168 564787306 85718799 X false true X true false X 25948385 17657330 22396753 14202271 34600588 114805327 0 39910 39199 30392 30392 30392 170285 25988295 17696529 22427145 14232663 34630980 114975612 0 114975612 2004717 1143706 3221430 3567561 3336110 13273524 116078 -324306 -292477 -457519 -958224 0 127290912 0.90330 0.89290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 18433993 18433993 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 211273264 21161510 68091382 6123826 1770186 292632144 210142743 6720021 2882061 6778762 1692799 211273264 197664211 9904621 11011966 6556327 1881728 210142743 186912041 4201823 14551495 6315428 1685720 197664211 157164851 14224864 22742776 5613949 1606504 186912038 0.08000 0.77000 0.15000 false true true 366263402 Student Investment Fund 2012332 F Due to LGTF 184180071 Split Interest Obligations 231766 Term Endowment Liab 1000000 185411837 104152792 104152792 1253581 1253581 105406373 18433993 18433993 1253581 1253581 19687574 Part V, Line 4: Intended uses of the endowment fund. Earnings on endowments are used to support the University of Alaska as specified by our donors including, but not limited to, scholarships, fellowships, professorships and department support. The University of Alaska and the foundation are invested jointly in the University of Alaska Foundation Consolidated Endowment Fund, LP. As of 6/30/21, the University of Alaska's Land Grant Trust Fund accounted for approximately 39% of total endowment assets. X X X X X X true Ruffalo Noel Levitz LLC 1025 Kirkwood Parkway SW Cedar Rapids IA 52404 false 622108 401951 220157 Donor Relations Guru 808 Hawthorne Ln 451 Charlotte NC 28204 false 58096 G-Hub Inc 3143 E Hampshire Ave Milwaukee WI 53211 false 33000 622108 493047 220157 AK CA CO MA MD ME MN NH NY OH OR SC WA Blue & Gold Gala 78855 61855 17000 1480 8145 553 Homecoming Breakfast 19120 19120 97975 80975 17000 1480 8145 553 10178 6822 true University of Alaska PO Box 755000 Fairbanks AK 99775 926000147 9417515 43830 FMV Airline vouchers Program & Other Support 1 0 Student Aid 1550 4273029 Book value Additional Supplemental Information Part I, Line 2: All grants & assistance payments to the university are required to include appropriate documentation providing details of expenditures, including authorized signature authority. All scholarship requests are reviewed against the eligibility criteria. Part III, column (b): Approximate number of student aid recepients based on the foundation's scholarship tracking system. false false false false false false false false false Bruce Schultz Director 185034 3213 17187 205434 Cathy Sandeen Director 312306 37413 16668 366387 Dan White Director 322745 43113 27981 393839 David Woodley Chief Data Officer 113138 3213 46455 162806 Emily Drygas Sr Dir Principal G 125285 3213 32637 161135 Karen Carey Director 196667 26813 223480 Megan Riebe AVP, Development 170834 23966 13594 208394 Pat Pitney Director 148628 21592 5740 175960 Stan Mishin Dir of Finance 137448 20119 29705 187272 Susan Foley President 167627 21252 17429 206308 Tlisa Northcutt Chief Donor Relati 115316 3213 39637 158166 X 32 10496505 FMV X Fundraisers 1 1480 FMV X Airline Voucher 106 61968 FMV false true false Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee The executive committee consists of no more than six members, who are also members of the governing body. The committee acts only during intervals between meetings of the board of directors and may exercise all of authority and powers of the board of directors in the management of the affairs of the foundation, with the exception that they may not amend the bylaws. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is prepared by the foundation's director of finance, who presents the draft return to the finance & audit committee of the board for review before filing it with the IRS. The review includes a presentation by the director of finance highlighting key sections of the return and any material changes from the prior year. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The foundation's compensation system is administered by the University of Alaska's human resources department in accordance with the university's salary administration policies. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Same as Line 15a above. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The foundation's governing documents, key policies, and audited financial statements are posted on the organization's website at www.alaska.edu/foundation Part I Line 15 / Part IX Functional Expense Reporting: The reporting of compensation in the form 990 reflects the amounts paid to the University of Alaska for compensation, benefits and related costs of foundation staff who are employees of the university. The reimbursements are reported as salaries, benefits and payroll taxes of the foundation within the form 990, since the foundation directly reimburses the university for these expenses. Part IX- Compensation Reporting: Foundation staff are all employees of the University of Alaska. The foundation reimburses the university for all compensation and related expenses. For the purpose of the functional expense reporting, amounts paid to the university for salaries, pension plan contributions, other employee benefits, payroll taxes are included in their natural line categories Part V, Line 2A - Reporting of Employees on Form W-3: The University of Alaska pays employees and files Form W-3 on behalf of the foundation. Part VI, Section B, Line 12C - Conflict Of Interest Policy Monitoring The foundation has a conflict of interest policy which applies to board members, committees, officers, employees, and volunteers having board delegated powers. This policy is distributed annually and each recipient reviews the policy, signs it and returns it to the board coordinator indicating either no conflicts or disclosing any existing or foreseeable conflicts. Any disclosures are then forwarded to the executive committee for review and action. If a conflict is disclosed in a meeting, the nature of the potential conflict, the determination by the board or committee, and details of any notes taken are documented in the minutes of the meeting. University of Alaska PO Box 756540 Fairbanks AK 99775 926000147 Education through Teaching and Research AK 115 N/A false UAFCEF LP 125 High Street Boston MA 02110 462876772 Investment Management DE N/A 16539994 340536733 false -457029 false 0.99990 false true true false false false false false false false true false true false true true true false false University of Alaska b 13734374 Book value University of Alaska c 922064 Book value University of Alaska k 113796 Book value University of Alaska o 3253926 Book value University of Alaska p 1445693 Book value University of Alaska q 278940 Book value UAFCEF LP b 17327479 Book value UAFCEF LP c 14862699 Book value UAFCEF LP m 1178135 Book value Schedule R, Part II The University of Alaska does not meet the definition of a 'related organization' for required reporting on form 990, schedule R. Although the university is supported by the University of Alaska Foundation, the foundation is a public charity under section 170(B)(1)(A)(VI) rather than under section 509(a)(3). The University of Alaska Foundation is voluntarily reporting data in Part VII and schedule R as though there were a 509(a)(3) supporting/supported relationship in place with the university, because management believes that donors and other readers of the form 990 have an expectation for this information to be included.