2022-05-04T14:59:15-05:00 2021-06-30 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2020-07-01 310896555 THE UNIVERSITY OF CINCINNATI FOUNDATION UNIV 5135566781 PO BOX 19970 CINCINNATI OH 452190970 THOMAS D FREEMAN V.P., CFO AND TREASURER 5135566781 2022-05-03 1 THOMAS FREEMAN 999009999 DORI J EGGETT P00645252 3037409400 2022-05-03 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RAE MANG PO BOX 19970 CINCINNATI OH 452190970 132097012 0 X HTTP://FOUNDATION.UC.EDU X 1977 OH TO INSPIRE A COMMUNITY OF UC AND UC HEALTH SUPPORTERS THROUGH THE POWER OF PHILANTHROPY. 54 54 188 4522 135208 134208 70687266 67880064 27892827 25220988 22010241 23748450 -619386 125862 119970948 116975364 54699882 65186607 0 0 19539977 17811089 525065 0 21367169 12990363 10193942 87755287 93191638 32215661 23783726 616325698 757922023 35558226 41284046 580767472 716637977 X MISSION: RAISE FUNDS TO SUPPORT THE PRIORITIES OF UC AND UC HEALTH, AND ENGAGE ALUMNI AND CONSTITUENTS.VISION: THE UC FOUNDATION EXISTS TO ADVANCE THE FUTURE OF THE UNIVERSITY, ITS COLLEGES, UNITS, DEPARTMENTS, FACULTY AND STUDENTS THROUGH PHILANTHROPY AND TO PROMOTE ALUMNI ENGAGEMENT. 0 0 67989553 65186607 25085780 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. 67989553 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 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 83 0 1 188 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 54 54 1 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 THOMAS D FREEMAN 5135566781 PO BOX 19970 CINCINNATI OH 452190970 PETER LANDGREN PRESIDENT 40.00 0.00 X 484178 0 47821 THOMAS D FREEMAN VP, CFO, TREASURER 40.00 0.00 X 235092 4725 38830 JENNIFER L HEISEY EX. DIR.,VP ALUMNI RELATIONS 40.00 0.00 X 229410 0 30901 STEPHEN A ROSFELD VP FOR DEVELOPMENT 40.00 0.00 X 211536 0 44392 MICHAEL D ZENZ VP, DEVELOPMENT-AHC/UCH 40.00 0.00 X 213829 0 36095 CARRIE E WHITE VP ADVANCEMENT SERVICES 40.00 0.00 X 200383 0 44900 KAREN HATCHER AVP DEVELOPMENT, ATHLETICS 40.00 0.00 X 191617 0 23537 CALEB WHITTED AVP, PRINCIPAL GIVING 40.00 0.00 X 179378 0 33878 DANNY Z FERRELL EX, DIR. GIFT PLANNING 40.00 0.00 X 160970 0 34533 LINDA BLEDSOE VP, HUMAN RESOURCES 40.00 0.00 X 156023 0 30628 NAIMAH BILAL UNTIL 1220 DIR BOARD RELATION, SECRETARY 40.00 0.00 X 88295 0 10066 HEATHER ELLISON EFF 421 DIR BOARD RELATION, SECRETARY 40.00 0.00 X 0 0 0 WILLIAM T NEAT CHAIR (UNTIL 12/20) 1.00 0.00 X X 0 0 0 RAE A MANG CHAIR (EFF 12/20) 1.00 0.00 X X 0 0 0 RICHARD C SEAL TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM J DAVIS TRUSTEE 1.00 0.00 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 ANDI 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 BRIAN E HALL TRUSTEE (UNTIL 10/20) 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 A SCHIFF TRUSTEE (UNTIL 10/20) 1.00 0.00 X 0 0 0 JAMES BOYCE TRUSTEE 1.00 0.00 X 0 0 0 JAMES F ORR III 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 JOFFRE P MOINE II TRUSTEE (UNTIL 10/20) 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 LEIGH R FOX 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 PATRICIA L KLINGBIEL TRUSTEE (UNTIL 10/20) 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 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 TODD C DEGARMO TRUSTEE (UNTIL 10/20) 1.00 0.00 X 0 0 0 GREGORY C WOLF TRUSTEE (UNTIL 07/20) 1.00 0.00 X 0 0 0 2350711 4725 375581 30 0 1 0 0 392700 67487364 15012077 67880064 GENERAL MANAGEMENT FEE 900099 14071541 14071541 END FUND-RAISING ASSESSMENT 900099 8607372 8607372 GIFT INVESTMENT FEE REVENUE 900099 1555050 1555050 UC OTHER TRUSTEE FEE REVENUE 900099 287622 287622 ENDOWMENT ADMIN. FEE REVENUE 900099 274263 274263 425140 289932 135208 25220988 15075894 15075894 23682298 15009742 8672556 8672556 8672556 237768 392700 111906 125862 125862 116975364 25085780 135208 23874312 65186607 65186607 1670462 203100 244549 1222813 12238874 1488040 1791721 8959113 970620 118011 142095 710514 1934124 235157 283148 1415819 997009 121219 145958 729832 119866 268 83538 36060 134648 301 93840 40507 190282 49 183594 6639 667765 3488 457177 207100 956041 338454 3210 614377 181421 26021 12235 143165 1317310 70480 185385 1061445 378110 46769 50823 280518 47296 1939 584 44773 86643 3672 46094 36877 29581 6524 1647 21410 272950 32876 40341 199733 101129 12509 13593 75027 FUNDRAISING ASSESSMENT 5186692 5186692 FINANCE CHARGES 178325 39326 9930 129069 CULTIVATION 76464 6644 196 69624 MEMBERSHIP DUES 48531 2057 25818 20656 220888 46042 19440 155406 93191638 67989553 3834916 21367169 18087634 29991861 110560700 114227796 4659613 3512073 366714 516045 7879541 7532646 553415 346895 465507038 597917716 16590584 11409637 616325698 757922023 13315834 12695437 0 7500 2938800 2938800 19303592 25642309 35558226 41284046 X 19207775 17843340 561559697 698794637 580767472 716637977 616325698 757922023 X 23783726 110038932 2047847 X X 0 1 X 1 0 X 68031528 71961197 66886666 70687266 67880064 345446721 271743 192654 234694 192654 192654 1084399 68303271 72153851 67121360 70879920 68072718 346531120 22076437 324454683 7322364 8531223 10812576 8736514 15075894 50478571 151000 134722 135000 135000 135208 690930 1063482 1517810 460859 417297 237768 3697216 401397837 138579550 0.80830 0.82220 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENT REVENUE - 2016 AMOUNT: $ 1,063,482. 2017 AMOUNT: $ 1,517,810. 2018 AMOUNT: $ 460,859. 2019 AMOUNT: $ 417,297. 2020 AMOUNT: $ 237,768. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 445514316 20704713 128959503 5691700 14595112 574891720 448937214 23224244 -4303132 5984315 16359695 445514316 420797221 26325497 12634393 2783362 8036535 448937214 385067705 27490580 17786417 2372624 7174857 420797221 342447190 24532065 25234689 1715097 5431142 385067705 0.00510 0.81970 0.17520 0 0 1892451 1555827 336624 1059956 1052337 7619 4927134 4924482 2652 346895 AGENCY PAYABLE 21547316 TRUST HELD FOR THE BENEFIT OF OTHERS 3025377 REFUNDABLE DEPOSITS 957698 PAYABLE TO RELATED ORGANIZATION 111918 25642309 X 229833485 110038932 192654 2794754 113026340 116807145 168214 5 168219 116975364 93962980 192654 746906 939560 93023420 168214 4 168218 93191638 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, PRIZES, 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 2020, 2019, AND 2018. AS OF JUNE 30, 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 3,403,296. FUNDRAISING EVENT EXPENSES 111,906. PLEDGE LOSS -720,448. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 5. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PV OF ANNUITIES PAYABLE 635,000. FUNDRAISING EVENT EXPENSES 111,906. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 4. BRAIN TUMOR CENTER WALK AHEAD 125543 124286 1257 6455 SUNFLOWER REVOLUTION 118192 118087 105 16807 14 386733 150327 236406 4080 18054 2040 64470 630468 392700 237768 4080 18054 2040 87732 111906 125862 1 UNIVERSITY OF CINCINNATI 2624 CLIFTON AVENUE CINCINNATI OH 45221 316000989 115 65186607 N/A N/A PROGRAM SUPPORT 1 0 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 0 0 0 0 0 0 PETER LANDGREN PRESIDENT 471782 0 0 0 12396 0 26000 0 21821 0 531999 0 0 0 THOMAS D FREEMAN VP, CFO, TREASURER 234834 4725 0 0 258 0 23164 3000 12666 0 270922 7725 0 0 JENNIFER L HEISEY EX. DIR.,VP ALUMNI RELATIONS 229320 0 0 0 90 0 19500 0 11401 0 260311 0 0 0 STEPHEN A ROSFELD VP FOR DEVELOPMENT 211482 0 0 0 54 0 19152 0 25240 0 255928 0 0 0 MICHAEL D ZENZ VP, DEVELOPMENT-AHC/UCH 213702 0 0 0 127 0 18709 0 17386 0 249924 0 0 0 CARRIE E WHITE VP ADVANCEMENT SERVICES 200324 0 0 0 59 0 19500 0 25400 0 245283 0 0 0 KAREN HATCHER AVP DEVELOPMENT, ATHLETICS 191251 0 0 0 366 0 19030 0 4507 0 215154 0 0 0 CALEB WHITTED AVP, PRINCIPAL GIVING 179340 0 0 0 38 0 12554 0 21324 0 213256 0 0 0 DANNY Z FERRELL EX, DIR. GIFT PLANNING 160933 0 0 0 37 0 11265 0 23268 0 195503 0 0 0 LINDA BLEDSOE VP, HUMAN RESOURCES 155946 0 0 0 77 0 15595 0 15033 0 186651 0 0 0 PART I, LINE 1A THIS ITEM IS COMPREHENDED UNDER THE FOUNDATION'S APPROVED EXPENDITURE POLICY. X 183 15009732 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 A, LINE 2 BOARD TRUSTEES SEAN P. CONNELL AND PATRICIA L. KLINGBIEL-CONNELL HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE AUDIT & RISK COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. THE AUDIT & 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 2021. 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. FORM 990, PART XI, LINE 9: CHANGE IN PV OF ANNUITIES PAYABLE -635,000. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 3,403,295. PLEDGE LOSS -720,448. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. 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 1 1 1 1 0 UNIVERSITY OF CINCINNATI B 59918992 FMV UNIVERSITY OF CINCINNATI K 239470 FMV UNIVERSITY OF CINCINNATI O 180508 COST UNIVERSITY OF CINCINNATI R 5267615 COST