2022-04-28T15:30:51-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2020-07-01 596211832 UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC UNIV 4078821220 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 KAREN S COCHRAN INTERIM CEO 4078821220 2022-04-27 1 KAREN COCHRAN 999009999 AMY CHAPMAN P00843460 4078021200 2022-04-26 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KAREN S COCHRAN 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 183941115 0 X WWW.UCFFOUNDATION.ORG X 1968 FL TO ENCOURAGE, STEWARD & CELEBRATE CONTRIBUTIONS FROM ALUMNI & FRIENDS TO SUPPORT UCF. 29 26 0 3137 33599 23549 32949173 74281753 1553900 912787 6912049 15949662 4569744 4351417 45984866 95495619 20454732 20836884 0 0 14230882 13539391 221331 319439 7462646 9102826 8402974 44009771 43098688 1975095 52396931 396904531 484634099 74695562 72909930 322208969 411724169 X THE UCF FOUNDATION ENCOURAGES, STEWARDS AND CELEBRATES CHARITABLE CONTRIBUTIONS FROM ALUMNI AND FRIENDS TO SUPPORT UNIVERSITY OF CENTRAL FLORIDA (UCF). 0 0 6076592 6076146 2224 ATHLETICS - 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 27 CONSECUTIVE SEMESTERS, WHICH IS THE LONGEST STREAK IN SCHOOL HISTORY. IN ANTICIPATION OF UCF'S MOVE TO THE BIG 12 CONFERENCE, UCF ATHLETICS SEEKS TO INCREASE ITS DONOR BASE. LAST FISCAL YEAR, UCF ATHLETICS SET A RECORD OF 8,156 DONORS, BUT THIS FISCAL YEAR IS TO SURPASS 10,000. 9969274 6522777 207168 ACADEMIC - 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. DESPITE THE CHALLENGES OF A FISCAL YEAR LIKE NO OTHER, THE UCF FOUNDATION CLOSED ITS BOOKS AT THE END OF JUNE 2021 WITH $78.3 MILLION IN GIFTS AND COMMITMENTS EXCEEDING THE $70 MILLION GOAL SET BY UNIVERSITY LEADERS. A HIGHPOINT OF THE YEAR WAS A TRANSFORMATIONAL INVESTMENT OF $40 MILLION BY MACKENZIE SCOTT AND DAN JEWETT, WHO RECOGNIZED THE UNIVERSITY'S WORK ON FOSTERING STUDENT SUCCESS AND SOCIAL MOBILITY. THE LARGEST GIFT IN THE UNIVERSITY'S HISTORY WILL STRENGTHEN PATHWAYS TO OPPORTUNITY, WHICH WILL FUEL STUDENT SUCCESS AND ACADEMIC EXCELLENCE FOR GENERATIONS. 4663904 4538762 10000 STUDENT AID - 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. STUDENT SUCCESS IS A PRIORITY, AND 32 NEW ENDOWED SCHOLARSHIPS WERE CREATED IN FISCAL YEAR 2021 TO SUPPORT STUDENTS IN A WIDE RANGE OF AREAS AND COLLEGES, MANY TARGETING FIRST-GENERATION STUDENTS. THE FALL 2021 FRESHMAN CLASS SET A NEW BAR FOR ACADEMIC EXCELLENCE WITH AN AVERAGE GPA OF 4.25 AND AVERAGE SAT SCORES OF 1325. UCF RANKS SECOND AMONG FLORIDA'S STATE UNIVERSITIES WITH 337 NATIONAL MERIT SCHOLARS ENROLLED. EIGHTY-ONE PERCENT OF UNDERGRADUATE STUDENTS RECEIVED FINANCIAL AID IN THE 2021-22 ACADEMIC YEAR, TOTALING $585.4 MILLION. FIFTY-SEVEN PERCENT OF FIRST-TIME-IN-COLLEGE STUDENTS AT UCF GRADUATE WITHOUT ANY EDUCATIONAL DEBT; NATIONALLY ONLY 42 PERCENT GRADUATE DEBT-FREE. 7085320 3699199 699497 OTHER PROGRAM SERVICES DIRECTLY RELATED TO THE FOUNDATION'S MISSION. 7085320 3699199 699497 27795090 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 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 73 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 29 26 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 ALAN FLOREZ TREASURER, FINANCE COMMITTEE 0.00 1.00 X X 0 0 0 ANTONIO MORENO CO-VICE CHAIR 0.00 1.00 X X 0 0 0 BRIAN BUTLER CHAIR, REAL ESTATE COMMITTEE 0.00 1.00 X X 0 0 0 JOHN BARRY FORBES DIRECTOR 0.00 1.00 X 0 0 0 CARRIE CALLAHAN CO-VICE CHAIR 0.00 1.00 X X 0 0 0 CATHERINE MCCAW-ENGELMAN DIRECTOR 0.00 1.00 X 0 0 0 CHRISTOPHER TOMASSO DIRECTOR 0.00 1.00 X 0 0 0 CLINT BULLOCK DIRECTOR 0.00 1.00 X 0 0 0 DANA PATTON DIRECTOR 0.00 1.00 X 0 0 0 DIANE MAHONY DIRECTOR 0.00 1.00 X 0 0 0 DIANNE OWEN DIRECTOR 0.00 1.00 X 0 0 0 DR ALEXANDER CARTWRIGHT PRESIDENT, UNIVERSITY OF CENTRAL FLORIDA (UCF) AND 0.00 1.00 X 0 0 0 LAURENCE CHRIS MARLIN DIRECTOR 0.00 1.00 X 0 0 0 THOMAS MCNAMARA DIRECTOR 0.00 1.00 X 0 0 0 DR GIDEON LEWIS DIRECTOR 0.00 1.00 X 0 0 0 EVA TUKDARIAN CPA CHAIR, AUDIT COMMITTEE 0.00 1.00 X X 0 0 0 JESSICA BLUME DIRECTOR 0.00 1.00 X 0 0 0 JOHN EULIANO CHAIR 0.00 1.00 X X 0 0 0 JOYCE VIRGA CHAIR, DONOR ENGAGEMENT AND STEWARDSHIP 0.00 1.00 X X 0 0 0 KEVIN MILLER ATTORNEY DIRECTOR 0.00 1.00 X 0 0 0 KEVIN WYDRA CHAIR, INFORMATION TECHNOLOGY 0.00 1.00 X X 0 0 0 LORETTA COREY DIRECTOR 0.00 1.00 X 0 0 0 MARK PLAUMANN DIRECTOR 0.00 1.00 X 0 0 0 MARY BETH MORGAN DIRECTOR 0.00 1.00 X 0 0 0 MARC MCMURRIN DIRECTOR 0.00 1.00 X 0 0 0 ROSLYN BURTTRAM DIRECTOR 0.00 1.00 X 0 0 0 SARA BERNARD ATTORNEY SECRETARY 0.00 1.00 X X 0 0 0 THE HONORABLE BEVERLY SEAY CHAIR, UCF BOARD OF TRUSTEES AND EX-OFFICIO VOTING 0.00 1.00 X X 0 0 0 MICHAEL J MORSEBERGER CHIEF EXECUTIVE OFFICER 40.00 0.00 X 0 484083 51621 RACHEL SCHAEFER CHIEF OPERATING OFFICER 40.00 0.00 X 0 206284 28888 GLEN DAWES CHIEF FINANCIAL OFFICER 40.00 0.00 X 0 254858 43960 KAREN COCHRAN INTERIM CEO SR. ASSOCIATE VP FOR ADVANCEMENT 40.00 0.00 X 0 339824 50340 JEFFREY COATES ASSOCIATE VP ADV, COLLEGE & UNITS 40.00 0.00 X 0 262206 32109 MARK WRIGHT ASSISTANT VP FOR ATHLETICS DEVELOPMENT 40.00 0.00 X 0 270281 43634 WILLIAM DEAN ASSOCIATE VP ADV, PRINCIPAL GIFTS 40.00 0.00 X 0 234597 29356 CHARLES ROBERTS ASSISTANT VP FOR ADV COLLEGE OF MEDICINE 40.00 0.00 X 0 218179 45709 PATRICK CROWLEY ASSOCIATE VP COMMUNICATIONS AND MARKETING 40.00 0.00 X 0 194571 37332 0 2464883 362949 33 0 1 0 MACDADE CONSTRUCTION INC 1200 S SANFORD AVE SANFORD FL 32771 CONSTRUCTION SERVICES 1461678 CONTRIBUTOR DEVELOPMENT PARTNERSHIP PBC TEN GUEST STREET 5TH FLOOR BOSTON MA 02241 WUCF-TELEVISION/RADIO EXPENSES 463780 ENCORE MAINTENANCE SERVICES INC 460 W SR 434 STE 104 LONGWOOD FL 32750 CONSTRUCTION SERVICES 439507 GETTYSBURG COMMERICAL CORPORATION 526 COOPER INDUSTRIAL PKWY APOPKA FL 32703 BUILDING MANAGEMENT SERVICES 347014 DIGITAL CONVERGENCE ALLIANCE INC 1300 NORTH BLVD TAMPA FL 33607 MASTER CONTROL SERVICES FOR WUCF TV 297156 19 22570 11907271 62351912 1846730 74281753 PROGRAM REVENUES 611710 912787 912787 912787 1919495 1919495 192848 192848 14855815 10713690 4142125 4142125 4142125 91708325 77678158 14030167 14030167 14030167 13173 22570 36430 -23257 -23257 33697 17218 16479 16479 ADVERTISING REVENUE 541800 17120 17120 MISCELLANEOUS REVENUE 900099 6102 6102 23222 95495619 918889 33599 20261378 20819218 20819218 17666 17666 1573245 761786 811459 8851860 991527 3676649 4183684 763736 59059 316840 387837 1702510 127726 693611 881173 648040 148442 259643 239955 27668 16669 10999 54942 54942 214789 214789 319439 319439 492406 492406 1675651 1267829 262260 145562 89890 73847 12915 3128 584328 249112 96225 238991 1037778 299410 716215 22153 100042 100042 32704 10696 7750 14258 245843 192918 28718 24207 191354 6667 184687 114488 3704 110784 UCF PROGRAMMING 2158382 2158382 SMALL EQUIPMENT&RENTALS 377303 175407 90248 111648 BANQUETS & RECEPTION 203811 128475 45861 29475 SPONSORSHIP/MEMBERSHIPS 192074 182199 9875 609521 551306 8538 49677 43098688 27795090 7840952 7462646 1177 1100 16716284 53213899 24727025 19908537 206377 4287726 1934951 1016617 165631034 35455850 131946507 130175184 187074904 88122366 33975613 187606077 321693 302593 396904531 484634099 2192710 3260109 585226 15051 71487000 69247000 430626 387770 74695562 72909930 X 117955709 203409663 60459505 60928184 143793755 147386322 322208969 411724169 396904531 484634099 52396931 37118269 0 X 0 1 X 1 0 X 43802712 52586430 41905820 32949173 74281753 245525888 43802712 52586430 41905820 32949173 74281753 245525888 245525888 12097203 12620198 13459049 19502691 16968158 74647299 44206 28408 51925 26339 33599 184477 2407 66211 83505 251816 6102 410041 320767705 8936932 0.76540 0.75240 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2016 AMOUNT: $ 2,407. 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 214789 0 0 214789 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 1 0 1.00 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 146460803 4718583 14757487 1195132 3914450 3918346 156908945 0.01250 0.98750 0.00000 0 0 65400206 65400206 95972580 33421354 62551226 648702 648702 0 3609546 1385794 2223752 130175184 SSGA RUSSELL SMALL CAP COMPLETENESS 8383558 F SSGA S&P 500 (R) INDX NL CTF 19458956 F GLOBAL ALPHA INTL SMALL CAP FUND LP 5369093 F GQG PARTNERS GLOBAL EQUITY FUND 8732285 F SSGA MSCI ACWI IMI INDEX NL CTF 44750652 F SSGA MSCI EAFE 100% HEDGED TO USD 7732944 F WILLIAM BLAIR EMERG MKT GWTH FD 9202419 F SSGA US TIPS INDX NL CTF 9420302 F SSGA US TREASURY INDEX NL CTF 8479433 F LOOMIS NHIT: CREDIT ASSET TRUST CL B 15295517 F HEDGE FUNDS 25469355 F PRIVATE EQUITY 13232730 F PRIVATE DEBT 10082680 F REAL ASSETS 1996153 F 187606077 TENANT SECURITY & KEY DEPOSIT 34017 ANNUITY PAYMENT LIABILITY 353753 387770 X 142854040 37118269 10767338 47885607 94968433 492406 34780 527186 95495619 53338840 10767338 10767338 42571502 492406 34780 527186 43098688 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 10,713,690. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 36,430. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 17,218. PART XI, LINE 4B - OTHER ADJUSTMENTS: VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 34,780. INVESTMENTS FEES NETTED AGAINST INVESTMENT REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED AGAINST RENTAL REVENUE 10,713,690. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 36,430. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 17,218. PART XII, LINE 4B - OTHER ADJUSTMENTS: VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 34,780. INVESTMENTS FEES NETTED AGAINST INVESTMENT REVENUE X X X X X X X 1 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 503030718 CALL CENTER 0 109059 224239 -115180 MONGOOSE RESEARCH 6506 EAST QUAKER STREET SUITE 202 ORCHARD PARK FL 32907 TEXTING PLATFORM FOR ALUMNI PHILANTHROPY ENGAGEMENT 0 0 17800 -17800 ZURI GROUP LLC 328 NW BOND STREET SUITE 204 BEND OR 97703 PROJECT CONSULTING 0 0 56700 -56700 SWISH LLC PO BOX 721648 ORLANDO FL 32827 MEDIA ACTIVATION 0 0 30682 -30682 109059 329421 -220362 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 COLLEGE OF NURSING 40TH ANNIVERSARY 14500 11300 3200 404 9174 26852 VARSITY KNIGHTS 10760 6067 4693 2 10483 5203 5280 35743 22570 13173 404 9174 26852 36430 -23257 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE FOUNDATION USED THE FOLLOWING FUNDRAISERS FOR THE CURRENT TAX YEAR: RUFFALO NOEL LEVITZ, AND ANNUAL GIVING NETWORK LLC. THERE WILL BE NO GROSS RECEIPTS GENERATED FROM THESE VENDORS SINCE THE VENDOR IS PROVIDING RESEARCH SUPPORT AND CONSULTING SERVICES TO THE FOUNDATION'S DEVELOPMENT OFFICE REGARDING SOLICITATION STRATEGIES. IN ADDITION TO PROFESSIONAL FEE EXPENSES PAID TO RUFFALO NOEL LEVITZ AND ANNUAL GIVING NETWORK, LLC, THE FOUNDATION REIMBURSED THE COMPANIES $19,454.04, AND $10,776.67 RESPECTIVELY. THIS WAS FOR BUSINESS TRAVEL AND INCIDENTAL EXPENSES IN ACCORDANCE WITH THE CONTRACTS. PART I, LINE 2: 0 UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 592924021 115(1) 13801534 FUNDING FOR PROGRAMS AND SCHOLARSHIPS UCF GOLDEN KNIGHTS CORPORATION INC PO BOX 163555 ORLANDO FL 32826 203794571 501(C)(3) 510880 ATHLETICS STADIUM SUPPORT UCF ATHLETICS ASSOCIATION INC PO BOX 163555 ORLANDO FL 32826 592334448 501(C)(3) 5716257 ATHLETIC SCHOLARSHIP AND PROGRAM SUPPORT UNIVERSITY OF CENTRAL FLORIDA RESEARCH FOUNDATION 12201 RESEARCH PARKWAY ORLANDO FL 32826 593086453 501(C)(3) 357222 RESEARCH ACTIVITY UNIVERSITY OF SOUTH FLORIDA FOUNDATION 4202 EAST FOWLER AVENUE TAMPA FL 33620 260879015 501(C)(3) 216650 SCHOLARSHIP - PROGRESSIVE STUDENT AWARDS FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC 11200 SW 8TH ST MARC 531 MIAMI FL 33199 237047106 501(C)(3) 216675 SCHOLARSHIP - PROGRESSIVE STUDENT AWARDS 6 BOOKS 45 853 PURCHASE PRICE BOOKS EDUCATIONAL EQUIPMENT AND SUPPLIES 16 900 PURCHASE PRICE EQUIPMENT/SUPPLIES TICKETS, CLOTHES, MEALS, AND MISC. FOR STUDENTS 21 2143 PURCHASE PRICE TICKETS/CLOTHES/MEALS TRAVEL AND REGISTRATION PAYMENTS FOR VARIOUS STUDENTS 38 1970 PURCHASE PRICE TRAVEL/REGISTRATION OTHER 8 11800 CASH VALUE CASH AWARD 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 0 0 0 0 0 0 0 0 0 MICHAEL J MORSEBERGER CHIEF EXECUTIVE OFFICER 0 457860 0 0 0 26223 0 25594 0 26027 0 535704 0 0 KAREN COCHRAN INTERIM CEO SR. ASSOCIATE VP FOR ADVANCEMENT 0 333024 0 0 0 6800 0 25266 0 25074 0 390164 0 0 MARK WRIGHT ASSISTANT VP FOR ATHLETICS DEVELOPME 0 212181 0 51100 0 7000 0 20096 0 23538 0 313915 0 0 GLEN DAWES CHIEF FINANCIAL OFFICER 0 234858 0 0 0 20000 0 20576 0 23384 0 298818 0 0 JEFFREY COATES ASSOCIATE VP ADV, COLLEGE & UNITS 0 255406 0 0 0 6800 0 22145 0 9964 0 294315 0 0 WILLIAM DEAN ASSOCIATE VP ADV, PRINCIPAL GIFTS 0 227797 0 0 0 6800 0 19731 0 9625 0 263953 0 0 CHARLES ROBERTS ASSISTANT VP FOR ADV COLLEGE OF MEDI 0 211379 0 0 0 6800 0 20189 0 25520 0 263888 0 0 RACHEL SCHAEFER CHIEF OPERATING OFFICER 0 206284 0 0 0 0 0 17976 0 10912 0 235172 0 0 PATRICK CROWLEY ASSOCIATE VP COMMUNICATIONS AND MARK 0 187771 0 0 0 6800 0 16425 0 20907 0 231903 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 $107,396. 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 $22,293. PART I, LINE 4A: DURING THE FISCAL YEAR, THE ORGANIZATION ACCRUED SEVERANCE PAYMENT TO MICHAEL J. MORSEBERGER IN THE AMOUNT $174,000.00. ON JULY 22, 2021, A TOTAL OF $174,846.23 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 0.00000 0.00930 0.00930 0 0 0 B 0 1 0 1 1 0.00000 0.00000 0.00000 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 3 0 X 1 0 X 13082 1754730 PUBLISHED MARKET VALUE X 1 92000 APPRAISED VALUE X 3 0 X 7 0 X 1 0 X FURNITURE 0 0 X EQUIPMENT 13 0 X MISCELLANEOUS 4 0 1 0 1 1 PART I, LINE 30B: PART I, TYPES OF PROPERTY LINE 1, 6, 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 1 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 81793776 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 K 14541281 FMV UNIVERSITY OF CENTRAL FLORIDA S 11032633 FMV UNIVERSITY OF CENTRAL FLORIDA R 9507860 CASH PAID UNIVERSITY OF CENTRAL FLORIDA B 13801534 CASH PAID