2021-05-10T12:49:21-07:00 2020-06-30 990 2019-07-01 237394620 University of Alaska Foundation UNIV 9074508030 PO Box 755080 Fairbanks AK 99775 Stan Mishin Dir of Finance 2021-05-10 2019 2022-09-23 18:48:47Z Susan Foley PO Box 755080 Fairbanks AK 99775 122910657 false X www.alaska.edu/foundation X 1974 AK To seek, secure, and steward philanthropic support to build excellence at the University of Alaska. 24 20 0 29 -292477 22396753 19881875 5282 2636 6411794 10200841 -6309 -36442 28807520 30048910 17513910 12604489 0 2515317 2856750 420383 696615 2060575 2127944 2114274 22577554 18272128 6229966 11776782 427215676 433420168 153356958 151850919 273858718 281569249 To seek, secure, and steward philanthropic support to build excellence at the University of Alaska. false false 6404370 6404370 Academic Program Support: The Foundation accepts, manages, and acts as fiduciary for all monetary gifts received on behalf of the University of Alaska (UA). Over 50% of program expenses go to support academic services, facilities, and related infrastructure across the UA System 3743153 3655332 Student Financial Aid: The Foundation receives monetary contributions from donors for the benefit of the University of Alaska students. Scholarships are available to students based on merit, financial need, outstanding achievement in specialized fields, or any combination these criteria. In FY20, the Foundation awarded over 1400 scholarships to UA students 2544787 2544787 2636 Student & Public Support: The Foundation administers charitable gifts intended by donors to enhance student life, community engagement, and public learning. These include athletics, radio/tv stations, library, museum, and cooperative extension services among others. Support is accomplished through reimbursement of UA personnel costs, travel, operating expenses,and capital expenditures. 12692310 true true false true false false false false false true false true false false true false true true false false false false false true true false false true true true false false false false false false false false true true false false false true true true false false true X 16 0 true 0 true true false false false false true true false 0 false false false false false false false X 24 20 false false false false false true false true true false false false true true true true true true true false AK CA CO MA MD MN NH NJ OH OR UT WA X X Stan Mishin 9074508985 PO Box 755080 Fairbanks AK 99775 X Jim Johnsen Director 0.60 54.40 X 0 330762 66910 Dan White Director 0.50 54.50 X 0 309937 69373 Cathy Sandeen Director 0.50 54.50 X 0 310938 51983 Susan Foley President 27.50 27.50 X 0 203690 39961 Rick Caulfield Director 0.50 54.50 X 0 153864 65823 Megan Riebe Ass VP Development 25.00 25.00 0 143935 38196 Stan Mishin Dir of Finance 40.00 0.00 X 0 128450 48251 David Woodley Dir Data Services 40.00 10.00 0 113423 46680 Emily Drygas Dir Principal Gift 40.00 0.00 0 122004 36712 Alex Slivka Director 1.10 0.00 X 0 0 0 Cary Keller Director 0.60 0.00 X 0 0 0 Laura Bruce Director 0.70 0.00 X 0 0 0 Heather Cavanaugh Director 0.70 0.00 X 0 0 0 Jim Kostka Director 0.50 0.00 X 0 0 0 Aleesha Towns-Bain Director 0.60 0.00 X 0 0 0 Todd Fletcher Director 0.50 0.00 X 0 0 0 Linda Hulbert Secretary 0.80 0.00 X X 0 0 0 Meg Nordale Director 0.60 0.00 X 0 0 0 Stephanie Madsen Director 0.50 0.00 X 0 0 0 Scott Jepsen Director 0.80 0.00 X 0 0 0 Julee Farley Treasurer 0.90 0.00 X X 0 0 0 Mary K Hughes Director 0.30 0.00 X 0 0 0 Cindy Cartledge Chair 1.00 0.00 X X 0 0 0 Jo Heckman Director 0.60 0.00 X 0 0 0 Marilyn Romano Director 0.40 0.00 X 0 0 0 Todd Greimann Director 0.90 0.00 X 0 0 0 Darroll Hargraves Director 0.50 0.00 X 0 0 0 Rhonda Oliver Director 0.70 0.00 X 0 0 0 Jennifer Schrage Director 0.50 0.00 X 0 0 0 1817003 463889 0 false true false University of Alaska PO Box 756540 Fairbanks AK 997756540 Foundation Staffing 2581093 Ruffalo Noel Levitz LLC 1025 Kirkwood Parkway SW Cedar Rapids IA 52404 Fundraising 297679 2 30764 72583 1620543 18157985 147752 19881875 Student & Public Support 900099 2636 2636 2636 3275084 -292477 3567561 0 864 864 0 99659936 92734179 6925757 6925757 6925757 90262 72583 127568 -37306 -37306 0 0 0 30048910 2636 -292477 10456876 X 8949157 8949157 3655332 3655332 0 0 594868 399545 195323 0 1551836 25110 911686 615040 222863 2336 146318 74209 457829 4798 300583 152448 29354 308 19272 9774 0 7981 7981 55645 55645 0 696615 696615 1150827 1150827 121674 106794 14880 481 481 43935 29019 14916 359439 55269 137729 166441 0 114057 114057 32375 14266 18109 0 45702 13128 32574 0 0 0 7829 7829 Fundraising Expenses 50190 50190 NEC Operating Expenses 42259 38279 3980 Uncollectable Pledge Expense 41878 41878 Membership Dues & Subscription 30633 15038 15595 9369 9369 18272128 12692310 3519243 2060575 0 5303770 6923304 9274426 9953653 0 0 0 0 73984 133982 148631 117654 0 177934916 126323631 232041097 288125683 1549667 1518821 0 889185 323440 427215676 433420168 302257 22788 3810539 6184617 133574 149244162 145509940 153356958 151850919 X 26922113 28000792 246936605 253568457 273858718 281569249 427215676 433420168 X 11776782 -3981846 -84405 X false true X true false X 13604027 25948385 17657330 22396753 14202271 93808766 0 35568 39910 39199 30392 30392 175461 13639595 25988295 17696529 22427145 14232663 93984227 0 93984227 1629193 2004717 1143706 3221430 3567561 11566607 201856 116078 -324306 -292477 -298849 0 105251985 0.89290 0.77100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 17121301 17121301 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 210142743 6720021 2882061 6778762 1692799 211273264 197664211 9904621 11011966 6556327 1881728 210142743 186912041 4201823 14551495 6315428 1685720 197664211 157164851 14224864 22742776 5613949 1606504 186912041 170798533 2342193 -8568377 5720992 1686506 157164851 0.08000 0.75000 0.17000 false true true 288125683 Student Investment Fund 1518821 F Due to LGTF 144283797 Split Interest Obligations 226143 Term Endowment Liab 1000000 145509940 24831832 -3981846 -84405 -4066251 28898083 1150827 1150827 30048910 17121301 17121301 1150827 1150827 18272128 Part V, Line 4: Intended uses of the endowment fund. Earnings on endowments are used to support the University of Alaska as specified by our donors including, but not limited to, scholarships, fellowships, professorships and department support. The University of Alaska and the foundation are invested jointly in the University of Alaska Foundation Consolidated Endowment Fund, LP. As of 6/30/20, the University of Alaska's Land Grant Trust Fund accounted for approximately 40% of total endowment assets. X X X X X X true Ruffalo Noel Levitz LLC 1025 Kirkwood Parkway SW Cedar Rapids IA 52404 false 485327 409302 76025 Donor Relations Guru 808 Hawthorne Ln 451 Charlotte NC 28204 false 136000 G-Hub Inc 3143 E Hampshire Ave Milwaukee WI 53211 false 46926 485327 592228 76025 Blue & Gold Gala 126735 59078 67657 5510 24559 20042 63380 CITC Culinary Arts Scholarhip Auction 14320 9020 5300 286 2223 3 21790 4485 17305 60 1410 6276 1602 2220 162845 72583 90262 60 6920 31121 21644 67823 127568 -37306 true University of Alaska PO Box 755000 Fairbanks AK 99775 926000147 115 8913408 35749 FMV Airline vouchers & fundraising exp Program & Other Support 1 0 Student Aid 1400 3655332 Book value Additional Supplemental Information Part I, Line 2: All grants & assistance payments to the university are required to include appropriate documentation providing details of expenditures, including authorized signature authority. All scholarship requests are reviewed against the eligibility criteria. Part III, column (b): Approximate number of FY20 student aid recepients based on the foundation's scholarship tracking system. false false false false false false false false false Cathy Sandeen Director 310938 36813 15170 362921 Dan White Director 309937 42413 26960 379310 David Woodley Dir Data Services 113423 3213 43467 160103 Emily Drygas Dir Principal Gift 122004 3213 33499 158716 Jim Johnsen Director 330762 42413 24497 397672 Megan Riebe Ass VP Development 143935 20786 17410 182131 Rick Caulfield Director 153864 65823 219687 Stan Mishin Dir of Finance 128450 19653 28598 176701 Susan Foley President 203690 27795 12166 243651 X 1 60000 FMV X 6 49463 Market Quotes X Fundraisers 5 7809 FMV X Airline Voucher 48 30480 Ticket Price false true false Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee The executive committee consists of no more than six members, who are also members of the governing body. The committee acts only during intervals between meetings of the board of directors and may exercise all of authority and powers of the board of directors in the management of the affairs of the foundation, with the exception that they may not amend the bylaws. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is prepared by the foundation's director of finance, who presents the draft return to the finance & audit committee of the board for review before filing it with the IRS. The review includes a presentation by the director of finance highlighting key sections of the return and any material changes from the prior year. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The foundation's compensation system is administered by the University of Alaska's human resources department in accordance with the university's salary administration policies. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Same as Line 15a above. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The foundation's governing documents, key policies, and audited financial statements are posted on the organization's website at www.alaska.edu/foundation Other Changes In Net Assets Or Fund Balances - Other Decreases Actuarial Adjustment of Remainder Trust Obligations = -$84405 Part I Line 15 / Part IX Functional Expense Reporting: The reporting of compensation in the form 990 reflects the amounts paid to the University of Alaska for compensation, benefits and related costs of foundation staff who are employees of the university. The reimbursements are reported as salaries, benefits and payroll taxes of the foundation within the form 990, since the foundation directly reimburses the university for these expenses. Part IX- Compensation Reporting: Foundation staff are all employees of the University of Alaska. The foundation reimburses the university for all compensation and related expenses. For the purpose of the functional expense reporting, amounts paid to the university for salaries, pension plan contributions, other employee benefits, payroll taxes are included in their natural line categories Part V, Line 2A - Reporting of Employees on Form W-3: The University of Alaska pays employees and files Form W-3 on behalf of the foundation. Part VI, Section B, Line 12C - Conflict Of Interest Policy Monitoring The foundation has a conflict of interest policy which applies to board members, committees, officers, employees, and volunteers having board delegated powers. This policy is distributed annually and each recipient reviews the policy, signs it and returns it to the board coordinator indicating either no conflicts or disclosing any existing or foreseeable conflicts. Any disclosures are then forwarded to the executive committee for review and action. If a conflict is disclosed in a meeting, the nature of the potential conflict, the determination by the board or committee, and details of any notes taken are documented in the minutes of the meeting. University of Alaska PO Box 756540 Fairbanks AK 99775 926000147 Education through Teaching and Research AK 115 N/A false UAFCEF LP 125 High Street Boston MA 02110 462876772 Investment Management DE N/A Investment 27769058 383674695 false -292015 false 0.99990 false true true false false false false false false false true true true true true true true false false University of Alaska b 12604489 Book Value University of Alaska c 660000 Book Value University of Alaska k 113796 Book Value University of Alaska o 2856748 Book Value University of Alaska p 976995 Book Value University of Alaska q 274325 Book Value UAFCEF LP b 9000333 Book Value UAFCEF LP c 21431468 Book Value UAFCEF LP q 1848840 Book Value Schedule R, Part II The University of Alaska does not meet the definition of a 'related organization' for required reporting on form 990, schedule R. Although the university is supported by the University of Alaska Foundation, the foundation is a public charity under section 170(B)(1)(A)(VI) rather than under section 509(a)(3). The University of Alaska Foundation is voluntarily reporting data in Part VII and schedule R as though there were a 509(a)(3) supporting/supported relationship in place with the university, because management believes that donors and other readers of the form 990 have an expectation for this information to be included.