2021-11-15T11:30:26-06:00 2020-12-31 540618213 HANTZMON WIEBEL LLP CPA'S PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2020-01-01 311685355 THE IVY FOUNDATION IVYF 4344090623 1115 COTTONWOOD ROAD CHARLOTTESVILLE VA 22901 MARTHA BATTLE MD VICE PRESIDENT & TREASURER 4344090623 2021-11-15 1 MARTHA BATTLE MD 999009999 TRAVIS W SIMPSON P00481332 4342962156 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KARI EVANS 1115 COTTONWOOD ROAD CHARLOTTESVILLE VA 22901 3382521 0 X N/A X 1999 VA THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF VIRGINIA BY PROVIDING FINANCIAL SUPPORT FOR SCIENTIFIC RESEARCH AT THE UNIVERSITY'S HEALTH SCIENCES CENTER, SCHOOL OF ENGINEERING AND APPLIED SCIENCES, AND COLLEGE OF ARTS AND SCIENCES. 6 0 0 0 0 0 0 0 0 0 230991 309599 0 0 230991 309599 250000 2260000 0 0 7000 48002 0 0 0 45570 31598 302570 2339600 -71579 -2030001 4694864 2063447 3000 0 4691864 2063447 THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF VIRGINIA BY PROVIDING FINANCIAL SUPPORT FOR SCIENTIFIC RESEARCH AT THE UNIVERSITY'S HEALTH SCIENCES CENTER, SCHOOL OF ENGINEERING AND APPLIED SCIENCES, AND COLLEGE OF ARTS AND SCIENCES. 0 0 2260000 2260000 PROVIDE FINANCIAL SUPPORT AND PROGRAM SUPPORT FOR SCIENTIFIC RESEARCH AND BIOMEDICAL INNOVATION, EARLY CAREER LEADERSHIP TRAINING FOR MEDICAL PROFESSIONALS, AND TRANSLATIONAL RESEARCH FOCUSED ON COVID-19 DIAGNOSIS, TREATMENT OPTIONS, VACCINE DEVELOPMENT, AND HEALTHCARE WORKER PROTECTION NEEDS AT THE UNIVERSITY OF VIRGINIA'S HEALTH SYSTEM. 2260000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 4344090623 1115 COTTONWOOD ROAD CHARLOTTESVILLE VA 22901 KARI EVANS EXECUTIVE DIRECTOR 40.00 X 42002 0 0 ROBERT BATTLE MD CHAIRMAN & PRESIDENT 1.00 X X 1000 0 0 MARTHA BATTLE MD VICE PRESIDENT & TREASURER 1.00 X X 1000 0 0 ALDEN ENGLISH SECRETARY 1.00 X X 1000 0 0 DEAN GIANAKOS MD DIRECTOR 1.00 X 1000 0 0 DAVID S WILKES MD DIRECTOR 1.00 X 1000 0 0 MARCUS LEWIS MARTIN II DIRECTOR 1.00 X 1000 0 0 48002 0 0 0 0 0 0 0 58384 58384 3324137 3072922 251215 251215 251215 309599 0 0 309599 2260000 2260000 48002 48002 5900 5900 24495 24495 160 160 LICENSES AND TAXES 1043 1043 2339600 2260000 79600 0 138494 62734 4556370 2000713 4694864 2063447 3000 3000 0 X 4691864 2063447 4691864 2063447 4694864 2063447 -2030001 -598416 0 X X 0 1 X 1 0 X X 1 UNIVERSITY OF VIRGINIA 546001796 6 1 2260000 0 1 2260000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 135028 251215 0 0 95963 58384 230991 309599 0 0 45560 31598 0 0 185431 278001 3841120 2652069 644316 115092 0 0 4485436 2767161 0 0 0 4485436 2767161 67282 41507 4418154 2725654 154635 95398 0 0 154635 95398 185431 157616 154635 157616 0 157616 2260000 0 0 0 0 0 2260000 2260000 157616 100.000000000000 157616 0 250000 250000 250000 250000 250000 1250000 0 157616 92384 1000000 2260000 0 2260000 0 0 3260000 250000 250000 250000 250000 2260000 SCHEDULE A, PAGE 5, SECTION D, LINE 3. THE "SIGNIFICANT VOICE" TEST: - THE FOUNDATION'S OFFICERS AND BOARD OF DIRECTORS MAINTAIN AN ONGOING DIALOGUE WITH THE UNIVERSITY OF VIRGINIA'S (THE "UNIVERSITY") LEADERSHIP. THE BOARD OF THE FOUNDATION IS NORMALLY COMPOSED OF SIX TO SEVEN MEMBERS. ONE DIRECTOR IS APPOINTED BY THE SUPPORTED ORGANIZATION (UVA). ONE BOARD MEMBER IS A PHYSICIAN AFFILIATED WITH THE SUPPORTED ORGANIZATION. THERE IS ALSO ANOTHER BOARD MEMBER THAT IS A TRUSTEE OF THE UNIVERSITY OF VIRGINIA'S HEALTH FOUNDATION. HAVING MULTIPLE BOARD MEMBERS WITH STRONG AFFILIATION WITH THE SUPPORTED ORGANIZATION PROVIDES FOR A "SIGNIFICANT VOICE" IN THE FOUNDATIONS ACTIVITIES. IN ADDITION, REPRESENTATIVES FROM THE UNIVERSITY ATTEND ALL FOUNDATION BOARD MEETINGS AND COMMUNICATE INFORMATION REGARDING VARIOUS NEEDS AND INITIATIVES OF THE UNIVERSITY. DUE TO THIS CLOSE WORKING RELATIONSHIP, THE UNIVERSITY HAS A SIGNIFICANT VOICE IN DIRECTING THE FOUNDATION'S INVESTMENT POLICIES, AND THE USE OF THE FOUNDATION'S INCOME AND ASSETS TO PROVIDE FUNDING TO THE UNIVERSITY OF VIRGINIA. SCHEDULE A PAGE 7 PART 5 SECTION D LINE 8 ATTENTIVENESS THIS FOUNDATION HAS A LONG HISTORY OF SUPPORTING THE UNIVERSITY OF VIRGINIA IN SUBSTANTIAL AND IMPORTANT WAYS SINCE ITS FORMATION. IN 2006, THE FOUNDATION MADE A $45,000,000 GRANT TO THE UNIVERSITY TO PROVIDE "LEAD GIFT" SUPPORT FOR THREE NEW FACILITIES. A CANCER CENTER, A CHILDREN'S HOSPITAL, AND THE UVA IVY TRANSLATIONAL RESEARCH BUILDING, HAVE BEEN ACQUIRED OR CONSTRUCTED AND PLACED IN SERVICE BY THE UNIVERSITY MEDICAL CENTER. THESE SIGNIFICANT PERMANENT FACILITIES WILL POSITIVIELY IMPACT IN A MAJOR WAY THE UNIVERSITY'S PATIENT CARE AND RESEARCH EFFORTS FOR MANY YEARS TO COME. DURING 2020, THE FOUNDATION MADE A SIGNFICIANT GRANT OF $2,000,000 TO SUPPORT COVID 19 SCIENTIFIC RESEARCH. SINCE 2008, THE FOUNDATION HAS PROVIDED $200,000 TO $250,000 ANNUALLY TO UVA TO PROVIDE FUNDING FOR A NUMBER OF SMALL RESEARCH PROJECTS UNDERTAKEN BY UVA STAFF. THIS FUNDING ALLOWS FOR THE INITIAL FUNDING FOR MANY IMPORTANT PROJECTS, WHICH MAY LATER BE CANDIDATES FOR LARGER GRANTS FROM NIH OR OTHER SPONSORS. THE AVAILABILITY OF THIS TYPE OF GRANT IS LIMITED. ACCORDINGLY, THE FOUNDATION FULFILLS AN IMPORTANT NICHE FOR RESEARCH AT THE UNIVERSITY OF VIRGINIA. SR. DEAN OF RESEARCH OF THE UNIVERSITY REPORTS ON PROGRAMS TO THE FOUNDATION'S BOARD. DURING 2020, THE FOUNDATION MADE A SIGNFICIANT GRANT OF $2,000,000 TO SUPPORT RESEARCH AND INNOVATION SURROUNDING COVID 19. THE CONSISTENT AND ONGOING INVOLVEMENT OF HIGH LEVEL UVA LEADERSHIP IN THIS PROGRAM CLEARLY DEMONSTRATES THE IMPORTANCE OF THIS GRANT PROGRAM TO RESEARCH EFFORTS AT THE UNIVERSITY. 0 X -313312 -598416 -24495 -622911 309599 0 309599 2315105 0 2315105 24495 24495 2339600 PART X, LINE 2: THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES -24,495. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 24,495. 1 UNIVERSITY OF VIRGINIA MEDICAL RESEARCH-UVA 400 RAY C HUNT DRIVE CHARLOTTESVILLE VA 22904 546001796 501(C)(3) 2260000 PROVIDE FINANCIAL SUPPORT & PROGRAM SUPPORT FOR SCIENTIFIC RESEARCH AT UVA'S HEALTH SCIENCES CENTER. PART I, LINE 2: THE FOUNDATION GETS REPORTS AND FEEDBACK FROM GRANT RECIPIENTS ON HOW THE GRANTS WERE USED. THE UNIVERSITY OF VIRGINIA REPRESENTATIVES ATTEND AND REPORT AT BOARD MEETINGS. FORM 990, PART VI, SECTION A, LINE 2 DR. ROBERT BATTLE, OFFICER, AND DR. MARTHA BATTLE, OFFICER, ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO BOARD MEMBERS A REASONABLE PERIOD BEFORE FILING. FEEDBACK FROM BOARD MEMBERS IS ENCOURAGED. FORM 990, PART VI, SECTION B, LINE 12C PURSUANT TO THE FOUNDATION'S BY-LAWS, THE FOUNDATION ENFORCES AND MONITORS OFFICERS, DIRECTORS, AND EMPLOYEES' COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY IN TWO WAYS: 1. OFFICERS, DIRECTORS, AND EMPLOYEES SIGN THE "CONFLICT OF INTEREST ACKNOWLEDGEMENT AND DISCLOSURE FORM" ATTESTING TO THEIR AWARENESS OF THE POLICY AS WELL AS THE PRESENCE AND/OR ABSENCE OF CONFLICT OF INTEREST. 2. OFFICERS, DIRECTORS, AND EMPLOYEES OF THE FOUNDATION ARE REQUIRED TO FULLY DISCLOSE ALL CONFLICTS OF INTEREST PROMPTLY. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECT B, LINE 15: THE FOUNDATION HIRED AN INDEPENDENT CONTRACTOR IN 2020 AFTER DISCUSSION ABOUT COMPARABLE COMPENSATION, AS WELL AS PAID SMALL STIPENDS TO DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION'S INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES THOSE DOCUMENTS IN THE SAME MANNER AS PUBLIC INSPECTION OF THE FORM 990. FORM 990, PART XI, QUESTION 2C: BOARD'S REVIEW OF AUDITED FINANCIALS THERE WERE NO CHANGES IN THE BOARD'S REVIEW PROCESS FROM THE PRIOR YEAR. UNIVERSITY OF VIRGINIA MEDICAL RESEARCH - UVA 400 RAY C HUNT DRIVE CHARLOTTESVILLE VA 22904 546001796 THE FOUNDATION PROVIDES GRANTS FOR SCIENTIFIC RESEARCH. VA 501(C)(3) LINE 6 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0