2022-05-16T15:00:00-05:00 2021-06-30 621170651 BROWN JAKE & MCDANIEL PC 2607 KINGSTON PIKE SUITE 110 KNOXVILLE TN 379193336 990 2020-07-01 621844686 THE UNIVERSITY OF TENNESSEE FOUNDATION INC UNIV 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 ADAM HELLER TREASURER & CFO 8659748926 2021-05-13 true ADAM HELLER 999009999 JAMES E BOOHER CPA P00286127 8656378600 2022-05-16 2020 2022-09-23 18:48:47Z KERRY W WITCHER 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 198804674 false X WWW.UTFI.ORG X 2001 TN THE FOUNDATION ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP AND PRIVATE GIFT SUPPORT. 22 21 215 2700 0 104991149 152110486 0 14970780 17153275 29422946 29540913 149384875 198804674 40986196 37339974 0 30027851 29120087 66480 38975 38975 38776483 13902678 109857010 80401714 39527865 118402960 543211268 742610209 9037130 15349422 534174138 727260787 THE FOUNDATION ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP AND PRIVATE GIFT SUPPORT. false false 51981040 37339974 TO COMPLY WITH DONOR STIPULATIONS, EARNINGS FROM INVESTED ENDOWMENT FUNDS WERE TRANSFERRED TO THE UNIVERSITY OF TENNESSEE. THE EARNINGS WILL BE USED FOR SCHOLARSHIPS, FELLOWSHIPS, LIBRARIES, RESEARCH, AND OTHER ACADEMIC RELATED PURPOSES. ALSO, AMOUNTS FUNDED BY RESTRICTED GIFTS FROM DONORS WERE PAID TO THE UNIVERSITY TO COVER THE COSTS OF CONSTRUCTION, RENOVATIONS AND VARIOUS OTHER PROJECTS. 51981040 true true false false false false false false false true false true false false true true true true false false false false false true false false false true false true false false false false false false false false true false false false true false false false false true 40 0 215 true false false false false false true true false false false false false false X 22 21 false false false false false false false true true false true true true true true true true true true true false X ADAM HELLER 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 PHILIP A WENK CHAIR 0.75 X X 0 0 0 RONALD E FRIESON VICE CHAIR 0.50 X X 0 0 0 HANS N AIREE DIRECTOR 0.50 X 0 0 0 ISAAC BENNETT DIRECTOR 0.50 X 0 0 0 ALEXIS G BOGO DIRECTOR 0.75 X 0 0 0 CHRISTOPHER B BOLLINGER DIRECTOR 0.50 X 0 0 0 RANDAL D BOYD DIRECTOR 0.50 40.00 X 0 0 0 PHILLIP A CLENDENIN DIRECTOR 0.50 X 0 0 0 GREGORY E COX DIRECTOR 0.75 X 0 0 0 KIMBERLY W CROSS DIRECTOR 0.50 X 0 0 0 ROBERT F DECOSIMO DIRECTOR 0.50 X 0 0 0 JUDITH HERBERT DIRECTOR 0.50 X 0 0 0 RENEE IACONA DIRECTOR 0.50 X 0 0 0 DEBBIE INGRAM DIRECTOR 0.50 X 0 0 0 MARK LA BRANCHE DIRECTOR 0.50 X 0 0 0 KATHY W LEDBETTER DIRECTOR 0.50 X 0 0 0 DONDE A PLOWMAN DIRECTOR 0.50 40.00 X 0 0 0 TIM TUCKER DIRECTOR 0.50 X 0 0 0 CHARLES A WAGNER III DIRECTOR 0.75 X 0 0 0 RICHARD WARREN DIRECTOR 0.50 X 0 0 0 JAMIE WOODSON DIRECTOR 0.50 X 0 0 0 KERRY W WITCHER PRESIDENT 40.00 X 228712 0 55767 ADAM HELLER TREASURER & 40.00 X 140433 0 43345 RACHAEL R LEBLANC SECRETARY 40.00 X 66719 0 37477 WILLIAM R BRYANT JR DEVELOPMENT X 393669 0 91982 LOVE COLLINS III DEVELOPMENT X 347319 0 56106 WOODROW M HENDERSON DEVELOPMENT X 297571 0 57150 KURT J GULBRAND DEVELOPMENT X 278459 0 52798 DUANE WILES DEVELOPMENT X 246614 0 51874 BETHANY K GOOLSBY DEVELOPMENT X 238260 0 57015 KEITH D BARBER DEVELOPMENT X 225811 0 55503 STEPHEN H CATLETT DEVELOPMENT X 188938 0 30467 ANDREW THOMAS SHEEHY DEVELOPMENT X 181457 0 64846 JAMES F OBEAR DEVELOPMENT X 177366 0 40489 BRIAN D SHUPE DEVELOPMENT X 176159 0 63585 STATLER S REAGAN DEVELOPMENT X 173408 0 44118 CHARLES DEAL DEVELOPMENT X 165440 0 37624 MICHAEL O CARTER DEVELOPMENT X 160074 0 46871 BENJAMIN WEST DEVELOPMENT X 159162 0 38116 A ERICK WEBER DEVELOPMENT X 148835 0 43993 TIMOTHY P LANIER DEVELOPMENT X 137214 0 43740 GREGORY R HARRIS DEVELOPMENT X 136189 0 41951 CHANDRA TUGGLE DEVELOPMENT X 133328 0 44520 BRIAN BROYLES DEVELOPMENT X 129794 0 44221 4530931 1143558 22 false true false 152110486 15671931 152110486 17153275 17153275 404664 404664 404664 404664 CONTRACT WITH UT 29055158 29055158 UTRF DIRECT SUPPORT 79520 79520 MISCELLANEOUS 905 905 666 666 29136249 198804674 46694188 37339974 37339974 4769202 4769202 18218843 4870673 13348170 2077487 365477 1712010 2564765 428949 2135816 1489790 265731 1224059 38975 38975 4095951 1788540 2307411 607351 139959 467392 281245 192698 88547 OTHER 3410688 2839499 571189 SUPPLIES 2734206 1804249 929957 CAPITAL PROJECTS 1407356 1407356 ENTERTAINMENT 522865 116618 406247 843016 421317 421699 80401714 51981040 28381699 38975 12982 11133 89671358 78517474 135637559 171264387 185833 208920 311177074 486278340 6526462 6329955 543211268 742610209 1510985 673653 9884 7516261 14675769 9037130 15349422 X 26032219 33753114 508141919 693507673 534174138 727260787 543211268 742610209 X 118402960 75087195 -403506 X false true X true false X 86319808 122903753 131894204 104991149 152110486 598219400 86319808 122903753 131894204 104991149 152110486 598219400 16154855 582064545 8779387 11191456 13335869 14970781 17557939 65835432 28934874 27899200 28294650 29422946 29136249 143687919 807742751 0.72060 0.72590 X PART II, LINE 10 WOOTEN FARM RENT 102,303 OTHER 885,754 CONTRACT WITH UT 142,699,862 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 318493543 82158808 86638728 13248256 474042823 312493308 28359371 -11268338 11090798 318493543 259707807 53981511 7988356 9184366 312493308 227893785 30296960 9417173 7900111 259707807 196307210 25314410 13041748 6769583 227893785 1.00000 false false UT INVESTMENT POOL 384064523 F INVESTMENTS - LCG 80389879 F FIRST TENNESSEE TRUST 15422691 F INVESTMENTS - RAYMOND JAMES 3388897 F ENDOWMENT HELD @ FIDELITY 3012350 F 486278340 ANNUITY PAYABLE 6842168 DUE TO UNIVERSITY 5707596 ACCRUED ANNUAL LEAVE 2126005 14675769 X 275553755 75087195 2065392 -403506 76749081 198804674 198804674 82467106 2065392 2065392 80401714 80401714 SCHEDULE D, PAGE 2, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUND IS TO BENEFIT THE UNIVERSITY OF TENNESSEE FOR VARIOUS DONOR RESTRICTED PURPOSES. SCHEDULE D, PAGE 3, PART X THE FOUNDATION FOLLOWS THE PROVISIONS OF FASB ASC 740-10-25. UNDER THIS STANDARD, AN ORGANIZATION MUST RECOGNIZE THAT TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF THIS STANDARD HAS HAD NO IMPACT ON THE FOUNDATIONS FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED JUNE 30, 2021, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN ACTUARIAL VALUE OF GIFT ANNUITIES -403,506 X X X true RUFFALO NOEL LEVITZ 1025 KIRKWOOD PKWY SW CEDAR RAPIDS IA 52404 PART IV false 48410 38975 9435 48410 38975 9435 All States false THE UNIVERSITY OF TENNESSEE 301 ANDY HOLT TOWER KNOXVILLE TN 37996 626001636 GOV 37339974 EDUCATIONAL 1 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION REIMBURSES THE UNIVERSITY AFTER THE DONOR REQUIREMENTS ARE MET. false false false false false false false false false KERRY W WITCHER PRESIDENT 228712 24802 30965 284479 ADAM HELLER TREASURER & CFO 140433 13920 29425 183778 WILLIAM R BRYANT JR DEVELOPMENT 343644 50025 59267 32715 485651 LOVE COLLINS III DEVELOPMENT 347319 26700 29406 403425 WOODROW M HENDERSON DEVELOPMENT 270616 26955 29152 27998 354721 KURT J GULBRAND DEVELOPMENT 257807 20652 21601 31197 331257 DUANE WILES DEVELOPMENT 201614 45000 20850 31024 298488 BETHANY K GOOLSBY DEVELOPMENT 238260 26167 30848 295275 KEITH D BARBER DEVELOPMENT 225811 24578 30925 281314 STEPHEN H CATLETT DEVELOPMENT 176800 12138 18554 11913 219405 ANDREW THOMAS SHEEHY DEVELOPMENT 166062 15395 35347 29499 246303 JAMES F OBEAR DEVELOPMENT 170373 6993 18535 21954 217855 BRIAN D SHUPE DEVELOPMENT 161314 14845 34191 29394 239744 STATLER S REAGAN DEVELOPMENT 165088 8320 17630 26488 217526 CHARLES DEAL DEVELOPMENT 163840 1600 18730 18894 203064 MICHAEL O CARTER DEVELOPMENT 160074 17263 29608 206945 BENJAMIN WEST DEVELOPMENT 159162 16196 21920 197278 A ERICK WEBER DEVELOPMENT 140254 8581 15004 28989 192828 TIMOTHY P LANIER DEVELOPMENT 137214 14630 29110 180954 GREGORY R HARRIS DEVELOPMENT 136189 13204 28747 178140 CHANDRA TUGGLE DEVELOPMENT 133328 27012 17508 177848 BRIAN BROYLES DEVELOPMENT 123957 5837 15199 29022 174015 X 470 11114731 HIGH/LOW STOCK PRICE AVG X 2 4557200 APPRAISAL 2 false true true SCHEDULE M, PAGE 1, PART I, LINE 32B REALTORS ARE USED TO LIST AND SELL THE REAL ESTATE GIFTS RECEIVED. STOCK BROKERS ARE USED TO SELL STOCK RECEIVED. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ALL BOARD MEMBERS PROVIDE SIGNED STATEMENTS REGARDING THEIR KNOWLEDGE OF THE CONFLICT OF INTEREST POLICY AND IF A CONFLICT ARISES, DISCUSS IN ADVANCE OF ANY DECISIONS REGARDING THE CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE FOUNDATION FOLLOWS THE UNIVERSITY OF TENNESSEE PERSONNEL POLICY. FORM 990, PAGE 6, PART VI, LINE 15B OFFICER COMPENSATION IS SET BY THE BOARD ON RECOMMENDATION OF THE CEO PURSUANT THE FOUNDATION COMPENSATION POLICY AND BYLAWS. FORM 990, PAGE 6, PART VI, LINE 19 IF REQUESTED, HARD COPIES OF DOCUMENTS ARE PROVIDED AT THE FOUNDATION'S OFFICE. FORM 990, PART XI, LINE 9 CHANGE IN ACTUARIAL VALUE OF GIFT ANNUITIES -403,506 UTFI REAL ESTATE LLC 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 REAL EST. TN 3729000 5684000 N/A