2022-11-14T16:32:33-06:00 2022-06-30 990 2021-07-01 316026014 Miami University Foundation MIAM 5135296110 107 Roudebush Hall Oxford OH 45056 Bruce Guiot Assoc Treasurer/Chief Financial Off 5135296110 2022-11-14 Bruce Guiot 999009999 2021 2022-09-23 18:48:47Z Bruce Guiot 107 Roudebush Hall Oxford OH 45056 92268264 false X www.forloveandhonor.org X 1948 OH SUPPORT OF MIAMI UNIVERSITY 32 24 0 37 0 0 26135967 20122843 0 0 13666323 9877223 2476444 -1356627 42278734 28643439 15883574 17894968 0 0 0 0 0 0 1929367 3333014 4153093 19216588 22048061 23062146 6595378 768386384 724573926 306688558 286036362 461697826 438537564 SUPPORT OF MIAMI UNIVERSITY false false 17894968 MIAMI UNIVERSITY FOUNDATION RECEIVES CONTRIBUTIONS FROM ALUMNI AND FRIENDS OF THE UNIVERSITY WHICH IT HOLDS AND USES ACCORDING TO DONOR INSTRUCTIONS. INVESTMENT EARNINGS ARE PERIODICALLY TRANSFERRED TO THE UNIVERSITY TO FURTHER ITS EDUCATIONAL AND RESEARCH ACTIVITIES. 17894968 true true false false false false false false true false true false false true true true true false false true false false false false false false true false true false false false false false false false false false false false false false true true true false false true 0 0 0 false false false false false false false false false false false false X 32 24 false false true false true false false true true false false true true true true true true false false false X BRUCE A GUIOT 5135296110 MIAMI UNIVERSITY OXFORD OH 45056 DAVID DAFOE SECRETARY 2.0 0.0 X X 0 0 0 DAVID KOSCHIK VICE CHAIR 2.0 0.0 X X 0 0 0 DR DAVID CREAMER TREASURER 1.0 39.0 X X 0 370510 67289 MACKENZIE RICE INTERIM PRESIDENT 20.0 20.0 X X 0 135722 30422 SHARON MITCHELL CHAIR 2.0 0.0 X X 0 0 0 AARON RYAN DIRECTOR 1.0 0.0 X 0 0 0 ALISON SANGER DIRECTOR 1.0 0.0 X 0 0 0 BETH MCNELLIE DIRECTOR 1.0 0.0 X 0 0 0 BIFF BOWMAN DIRECTOR 1.0 0.0 X 0 0 0 BRENT SHOCK DIRECTOR 1.0 39.0 X 0 197128 42086 CYNTHIA HENDERSON DIRECTOR 1.0 0.0 X 0 0 0 DAVID MEYER DIRECTOR 1.0 0.0 X 0 0 0 DONALD CRAIN DIRECTOR 1.0 0.0 X 0 0 0 DR GREGORY CRAWFORD DIRECTOR 1.0 39.0 X 0 542587 86981 EDWARD O'REILLY DIRECTOR 1.0 0.0 X 0 0 0 JASON OSBORNE DIRECTOR 1.0 39.0 X 0 373885 63830 JAYNE BROWNELL DIRECTOR 1.0 39.0 X 0 214830 35954 JUDY GREFFIN DIRECTOR 1.0 0.0 X 0 0 0 JULIA POSTON DIRECTOR 1.0 0.0 X 0 0 0 KIM LUBEL DIRECTOR 1.0 0.0 X 0 0 0 LISA SHADE DIRECTOR 1.0 0.0 X 0 0 0 LYNN LARSON DIRECTOR 1.0 0.0 X 0 0 0 LYNN PISTELL DIRECTOR 1.0 0.0 X 0 0 0 Mary Schell Director 1.0 X 0 0 0 NICHOLE PRESCOTT DIRECTOR 1.0 0.0 X 0 0 0 PETER MOGK DIRECTOR 1.0 0.0 X 0 0 0 RUTH MILLIGAN DIRECTOR 1.0 0.0 X 0 0 0 SCOTT SCHWEINFURTH DIRECTOR 1.0 0.0 X 0 0 0 Stephanie Byrd Director 1.0 X 0 0 0 STEVE ANDERSON DIRECTOR 1.0 0.0 X 0 0 0 TIM LLOYD DIRECTOR 1.0 0.0 X 0 0 0 ZAIN HAIDER DIRECTOR 1.0 0.0 X 0 0 0 BRUCE GUIOT CHIEF FINANCIAL OFFICER 20.0 20.0 X 0 192660 26593 BRAD BUNDY CHIEF DVLPMENT OFF 20.0 20.0 X 0 223154 48376 THOMAS HERBERT PRESIDENT 20.0 20.0 X 0 335129 54739 0 2585605 456270 0 true true false 0 20122843 20122843 0 0 0 0 0 1314869 1314869 0 0 72187179 63624825 8562354 0 8562354 8562354 SPLIT INTEREST AGREEMENTS 525990 -1356627 -1356627 0 0 0 0 -1356627 28643439 0 0 8520596 17894968 17894968 0 0 0 0 ADMINISTRATION EXPENSES 3858735 1929368 1929367 OTHER EXPENSE 294358 294358 0 0 0 0 22048061 17894968 2223726 1929367 24835067 22350711 30387985 9716799 18854458 18475171 10320304 10427855 0 0 0 0 0 0 0 0 73144270 67986223 608964319 593781227 0 1879981 1835940 768386384 724573926 18554028 19999547 1106188 1362295 0 0 287028342 264674520 306688558 286036362 4925473 4304502 456772353 434233062 461697826 438537564 768386384 724573926 6595378 -29755640 0 0 0 0 X false true X true false X 14877143 17615318 17467408 26135967 20122843 96218679 0 0 14877143 17615318 17467408 26135967 20122843 96218679 14320133 81898546 4728160 2951455 1930167 1313456 1314869 12238107 0 556186 367138 -574228 2476444 -1356627 1468913 109925699 0 0.7450 0.8523 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - SPLIT INTEREST AGREEMENTS, COLUMN A - 556186.0, COLUMN B - 367138.0, COLUMN C - -574228.0, COLUMN D - 2476444.0, COLUMN E - -1356627.0, COLUMN F - 1468913.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 426942301 18070557 -20230835 15075539 3858735 405847749 315019562 30512931 97228003 12918423 2899772 426942301 309603699 17702560 2323005 11893476 2716226 315019562 302514984 11995543 10935318 12913675 2928471 309603699 282886447 14490241 19319682 11326529 2854857 302514984 false false HEDGE FUNDS PRIVATE INVESTMENTS 151578480 F STRATEGIC INVESTMENT MGMT LLC FUND 442202747 F 593781227 FUNDS HELD IN TRUST FOR OTHERS 261261753 OBLIG. UNDER SPLIT-INTEREST AGREEMENTS 3412767 264674520 X -1112201 -29755640 0 -29755640 28643439 0 0 28643439 22048061 0 0 22048061 0 0 22048061 Schedule D, Part V, Line 4 Intended uses of endowment funds INVESTMENT EARNINGS ARE PERIODICALLY TRANSFERRED TO MIAMI UNIVERSITY TO FURTHER ITS EDUCATIONAL AND RESEARCH ACTIVITIES. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote AS OF JUNE 30, 2022, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS. Central America and the Caribbean 0 0 Investments 21165527 0 0 0 0 0 0 21165527 0 21165527 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual true Miami University 501 E High Street Oxford OH 45056 316402089 6990603 FMV SCHOLARSHIPS Miami University 501 E High Street Oxford OH 45056 316402089 6728858 FMV ACADEMIC SUPPORT Miami University 501 E High Street Oxford OH 45056 316402089 457491 FMV STUDENT SERVICES/ATHLETICS Miami University 501 E High Street Oxford OH 45056 316402089 1833732 FMV CAMPUS IMPROVEMENTS Miami University 501 E High Street Oxford OH 45056 316402089 1884284 FMV INSTITUTIONAL SUPPORT 5 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. TO ENSURE THE PROPER EXPENDITURE OF GIFT FUNDS, THE MIAMI UNIVERSITY FOUNDATION AND MIAMI UNIVERSITY THROUGH THE OFFICE OF STEWARDSHIP AND DONOR RELATIONS WILL PERFORM THE FOLLOWING: - PERFORM RANDOM ANNUAL DONOR INTENT AUDITS TO ASSIST THE VARIOUS DIVISIONS IN ENSURING ALL RESTRICTED GIFT MONEY IS EXPENDED IN ACCORDANCE WITH THE DONOR'S WISHES - PROVIDE COURTESY, NON-TECHNICAL, AND INFORMATIONAL REPORTING OF THE USE OF GIFT FUNDS VIA ENDOWMENT REPORTS, AS THE INFORMATION IS REQUESTED BY THE DONOR OR AS REQUIRED BY THE ENDOWMENT GIFT AGREEMENT. - CONDUCT EDUCATION AND AWARENESS PROGRAMS FOR MIAMI UNIVERSITY DEANS, DEPARTMENT CHAIRS AND STAFF BY THE DIVISION OF UNIVERSITY ADVANCEMENT SO WE CAN PROVIDE CONSISTENT MANAGEMENT OF THE FUNDS THROUGHOUT ALL DIVISIONS. WHEN GIFTS ARE NOT BEING EXPENDED ON A TIMELY BASIS AND BECOME INACTIVE, THE FUND ADMINISTRATOR REVIEWS THE PURPOSE OF THE GIFT FOR WAYS IT MAY BE EXPENDED. IF THE FUNDS CANNOT BE USED IN A MANNER CONSISTENT WIHT DONOR RESTRICTIONS, THE FUND ADMINISTRATOR DISCUSSES POSSIBLE ALTERNATIVES WITH THE DIRECTOR OF STEWARDSHIP AND DONOR RELATIONS. false true false false false false false false false MACKENZIE RICE INTERIM PRESIDENT 0 135400 0 0 0 322 0 0 0 30422 0 166144 0 0 DR DAVID CREAMER TREASURER 0 369973 0 0 0 537 0 10721 0 56568 0 437799 0 0 DR GREGORY CRAWFORD DIRECTOR 0 541789 0 0 0 798 0 27518 0 59463 0 629568 0 0 JASON OSBORNE DIRECTOR 0 373087 0 0 0 798 0 12245 0 51585 0 437715 0 0 JAYNE BROWNELL DIRECTOR 0 214337 0 0 0 493 0 0 0 35954 0 250784 0 0 BRENT SHOCK DIRECTOR 0 196663 0 0 0 465 0 0 0 42086 0 239214 0 0 BRUCE GUIOT CHIEF FINANCIAL OFFICER 0 192227 0 0 0 433 0 0 0 26593 0 219253 0 0 BRAD BUNDY CHIEF DVLPMENT OFF 0 222641 0 0 0 513 0 0 0 48376 0 271530 0 0 THOMAS HERBERT PRESIDENT 0 334371 0 0 0 758 0 0 0 54739 0 389868 0 0 Schedule J, Part II, Column (D) MIAMI UNIVERSITY (A RELATED ORGANIZATION), PROVIDES HOUSING (NONTAXABLE) TO ITS PRESIDENT, DR. GREGORY CRAWFORD. THIS RESIDENCE HAS BEEN PROVIDED TO ALL PRESIDENTS OF MIAMI UNIVERSITY FOR OVER 100 YEARS. THE BUILDING IS VERY UNIQUE TO THE AREA AND THEREFORE THE UNIVERSITY IS NOT CAPABLE OF ASCERTAINING ITS VALUE. Form 990, Part I, Line 7a Part I Line 7a, Part V Line 3a, and Part VIII Column C THE FOUNDATION DOES HAVE UBI FROM PARTNERSHIPS THAT IT INVESTS IN. HOWEVER, AT THE TIME THE FORM 990 IS FILED NOT ALL FORM K-1'S HAVE BEEN RECEIVED IN ORDER TO PREPARE A COMPLETE AND ACCURATE FORM 990-T. THEREFORE, THE FORM 990-T IS FILED AFTER THE FILING OF THE FORM 990. TO BE IN COMPLIANCE, WE HAVE FILED FOR AN EXTENSION FOR FORM 990-T WHILE WE WAIT TO RECEIVE THE K-1S. ACCORDINGLY, WE HAVE INDICATED -0- UNRELATED BUISNESS INCOME SINCE THE AMOUNT IS UNKNOWN AT THIS TIME. Form 990, Part VI, Line 4 Significant changes to organizational documents There were changes to the governing documents involving separation of duties, voting and bylaws. Form 990, Part VI, Line 11b Review of form 990 by governing body THE MIAMI UNIVERSITY FOUNDATION FORM 990 IS REVIEWED BY THE AUDIT AND FINANCE COMMITTEE DURING THE ANNUAL REVIEW OF THE FINANCIAL ACTIVITY FOR THE YEAR. THE FORM 990 IS ALSO SENT TO THE FULL BOARD BEFORE IT IS FILED. Form 990, Part VI, Line 12c Conflict of interest policy OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES SIGN AN ANNUAL STATEMENT STATING THAT THEY HAVE RECEIVED, READ, UNDERSTAND AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. Form 990, Part VI, Line 19 Required documents available to the public THE MIAMI UNIVERSITY FOUNDATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST. Form 990, Part X, Line 11 PART X, LINES 11, 12, AND 25 AS OF JULY 1, 2011 THE FOUNDATION AND MIAMI UNIVERSITY ENTERED INTO A POOLED INVESTMENT AGREEMENT THAT COMBINES THEIR RESPECTIVE ENDOWMENT POOLS WITH OVERSIGHT PROVIDED BY THE FOUNDATION. MIAMI UNIVERSITY 501 HIGH STREET OXFORD OH 45056 316402089 EDUCATION OH 501(c)(3) 2 NA false MU PAPER SCIENCE AND ENGINEERING F ROUDEBUSH HALL 107 OXFORD OH 45056 316032815 SUPPORT MIAMI UNIVERSITY OH 501(c)(3) 5 NA false WESTERN COLLEGE ALUMNAE ASSCO 325 PATTERSON AVENUE OXFORD OH 45056 237401551 SUPPORT MIAMI UNIVERSITY OH 501(c)(3) 5 NA false false true false false false false false false false false false true true true true true false false false MIAMI UNIVERSITY B 17894968 FAIR MARKET VALUE MIAMI UNIVERSITY O 3041875 FAIR MARKET VALUE