2020-04-03T15:07:45-05:00 2019-06-30 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2018-07-01 310896555 THE UNIVERSITY OF CINCINNATI FOUNDATION UNIV 5135566781 PO BOX 19970 CINCINNATI OH 452190970 THOMAS D FREEMAN V.P., CFO AND TREASURER 5135566781 2020-03-31 1 DORI J EGGETT P00645252 3037409400 2020-03-31 107.214.141.134 2020-03-31 15:42:16 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F51046F0BD5714FDBFEEE435C204D6AFFC186FF5 2018 2021-01-29 14:40:06Z W TROY NEAT PO BOX 19970 CINCINNATI OH 452190970 126755459 0 X HTTP://FOUNDATION.UC.EDU X 1977 OH TO INSPIRE A COMMUNITY OF UC AND UC HEALTH SUPPORTERS THROUGH THE POWER OF PHILANTHROPY. 60 60 215 3367 135000 134000 71961197 66886666 31266362 28620765 19272734 21051871 640678 -555603 123140971 116003699 59874569 52546243 0 0 16811745 18524612 554179 550000 25600275 10587367 14230464 87827860 85851319 35313111 30152380 569186415 604187898 22533367 23526549 546653048 580661349 MISSION: IGNITING PASSION TO TRANSFORM LIVES. VISION: TO INSPIRE A COMMUNITY OF UC AND UC HEALTH SUPPORTERS THROUGH THE POWER OF PHILANTHROPY. 0 0 55937699 52546243 28485765 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. 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. 55937699 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 103 0 1 215 1 1 1 0 0 0 0 1 1 1 1 0 0 0 0 0 X 60 60 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 SHAKILA T AHMAD TRUSTEE 1.00 0.00 X 0 0 0 PETER A ALPAUGH TRUSTEE 1.00 0.00 X 0 0 0 JOHN B BERDING TRUSTEE 1.00 0.00 X 0 0 0 ELROY E BOURGRAF TRUSTEE 1.00 0.00 X 0 0 0 ERIC C BROYLES TRUSTEE 1.00 0.00 X 0 0 0 ROBERT R BUCK TRUSTEE 1.00 0.00 X 0 0 0 KEN V BYERS TRUSTEE 1.00 0.00 X 0 0 0 PHIL D COLLINS TRUSTEE 1.00 0.00 X 0 0 0 SEAN P CONNELL TRUSTEE 1.00 0.00 X 0 0 0 TODD C DEGARMO TRUSTEE 1.00 0.00 X 0 0 0 DIANNE G DUNKELMAN TRUSTEE 1.00 0.00 X 0 0 0 ROBERT L FEALY TRUSTEE 1.00 0.00 X 0 0 0 BRIAN E HALL TRUSTEE 1.00 0.00 X 0 0 0 CARRIE K HAYDEN TRUSTEE 1.00 0.00 X 0 0 0 STUART G HOFFMAN TRUSTEE 1.00 0.00 X 0 0 0 KATHRYN A HOLLISTER TRUSTEE 1.00 0.00 X 0 0 0 GYAN JHA TRUSTEE 1.00 0.00 X 0 0 0 GARY D JOHNS TRUSTEE 1.00 0.00 X 0 0 0 TIMOTHY E JOHNSON TRUSTEE 1.00 0.00 X 0 0 0 LAURENCE F JONES TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH P JUDGE TRUSTEE 1.00 0.00 X 0 0 0 JEROME C KATHMAN TRUSTEE 1.00 0.00 X 0 0 0 RUTHIE S KEEFE TRUSTEE 1.00 0.00 X 0 0 0 BARBARA W KELLAR TRUSTEE 1.00 0.00 X 0 0 0 ROBERT J KING TRUSTEE 1.00 0.00 X 0 0 0 PATRICIA L KLINGBIEL TRUSTEE 1.00 0.00 X 0 0 0 RAE A MANG TRUSTEE 1.00 0.00 X 0 0 0 DARRELL D MILLER TRUSTEE 1.00 0.00 X 0 0 0 JOFFRE P MOINE TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM B MONNIG MD TRUSTEE 1.00 0.00 X 0 0 0 SHENAN P MURPHY TRUSTEE 1.00 0.00 X 0 0 0 RUSSELL C MYERS TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM T NEAT CHAIR 1.00 0.00 X X 0 0 0 JACQUELINE C NEUMANN TRUSTEE 1.00 0.00 X 0 0 0 CORA K OGLE TRUSTEE 1.00 0.00 X 0 0 0 JAMES F ORR TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL J PAXTON TRUSTEE 1.00 0.00 X 0 0 0 ELLEN RIEVESCHL TRUSTEE 1.00 0.00 X 0 0 0 ALVIN F ROEHR TRUSTEE 1.00 0.00 X 0 0 0 RYAN M RYBOLT TRUSTEE 1.00 0.00 X 0 0 0 JAMES A SCHIFF TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL T SCHUELER TRUSTEE 1.00 0.00 X 0 0 0 RICHARD C SEAL TRUSTEE 1.00 0.00 X 0 0 0 SHIMUL A SHAH TRUSTEE 1.00 0.00 X 0 0 0 TONY L SHIPLEY TRUSTEE 1.00 0.00 X 0 0 0 RANDALL E SMITH TRUSTEE 1.00 0.00 X 0 0 0 JOHN M TEW TRUSTEE 1.00 0.00 X 0 0 0 SANDRA S WIESMANN TRUSTEE 1.00 0.00 X 0 0 0 ANDI K WIOT TRUSTEE 1.00 0.00 X 0 0 0 GREGORY C WOLF TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM J DAVIS TRUSTEE PART-YEAR 1.00 0.00 X 0 0 0 SALLY W CUNI TRUSTEE PART-YEAR 1.00 0.00 X 0 0 0 LEIGH R FOX TRUSTEE PART-YEAR 1.00 0.00 X 0 0 0 JERRY L FRITZ TRUSTEE PART-YEAR 1.00 0.00 X 0 0 0 STEPHEN E KIMPEL TRUSTEE PART-YEAR 1.00 0.00 X 0 0 0 WILLIAM H KRUL TRUSTEE PART-YEAR 1.00 0.00 X 0 0 0 EVA L MADDOX TRUSTEE PART-YEAR 1.00 0.00 X 0 0 0 GREG A TIPSORD TRUSTEE PART-YEAR 1.00 0.00 X 0 0 0 FRANK C WOODSIDE TRUSTEE PART-YEAR 1.00 0.00 X 0 0 0 ANDREA I ZAHUMENSKY TRUSTEE PART-YEAR 1.00 0.00 X 0 0 0 THOMAS D FREEMAN VP, CFO, TREASURER 40.00 0.00 X 255133 9450 41129 LYNNETTE M HEARD EX DIR BOARD RELATION, SECRETARY 40.00 0.00 X 102818 0 17714 PETER LANDGREN PRESIDENT 40.00 0.00 X 501251 0 48023 STEPHEN A ROSFELD VP FOR DEVELOPMENT 40.00 0.00 X 201286 0 42095 JENNIFER L HEISEY EX. DIR.,VP ALUMNI RELATIONS 40.00 0.00 X 240433 0 29537 MICHAEL D ZENZ AVP AHC & UCH DEVELOPMENT 40.00 0.00 X 241473 0 38013 KAREN HATCHER AVP DEVELOPMENT, ATHLETICS 40.00 0.00 X 203355 0 22979 CARRIE E WHITE VP ADVANCEMENT SERVICES 40.00 0.00 X 206148 0 45301 DANNY Z FERRELL EXECUTIVE DIRECTOR GIFT PLANNING 40.00 0.00 X 158065 0 23407 LINDA BLEDSOE VICE PRESIDENT, HUMAN RESOURCES 40.00 0.00 X 147994 0 32347 2257956 9450 340545 28 0 1 0 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 FUNDRAISING 871831 1 1182267 65704399 9403961 66886666 GENERAL MANAGEMENT FEE 900099 18008317 18008317 END FUND-RAISING ASSES 900099 7575159 7575159 GIFT INVESTMENT FEE RE 900099 2033460 2033460 ENDOWMENT ADMIN. FEE R 900099 262594 262594 UC OTHER TRUSTEE FEE R 900099 242401 242401 498834 363834 135000 28620765 10812576 10812576 19961183 13410 9720661 14637 10240522 -1227 10239295 10239295 460859 1182267 1016462 -555603 -555603 116003699 28485765 135000 20496268 52546243 52546243 1537800 273885 429522 834393 12811802 1364060 1861169 9586573 974793 93277 149593 731923 2191662 229585 372972 1589105 1008555 113639 155832 739084 85937 85937 155357 155357 550000 550000 168784 168784 1130722 63606 270263 796853 2800479 742404 63110 1994965 178485 19740 29120 129625 1362958 60121 170234 1132603 472578 60984 62448 349146 478593 51271 7485 419837 325549 64727 52165 208657 1123568 124102 161385 838081 109085 7485 7876 93724 FUNDRAISING ASSESSMENT 4906918 4906918 CULTIVATION 271713 20021 53015 198677 FINANCE CHARGES 201958 2360 199598 MEMBERSHIP DUES 65261 3364 22241 39656 392519 96825 34837 260857 85851319 55937699 4313345 25600275 11741851 11475521 112074555 112984999 2682492 3758764 472099 322802 8043209 6442136 2360497 1601073 439257940 473387557 596981 657182 569186415 604187898 9356859 11627148 210312 0 12966196 11899401 22533367 23526549 X -8920942 18912192 187549824 159298153 368024166 402451004 546653048 580661349 569186415 604187898 X 30152380 3299149 556772 X X 0 1 X 1 0 X 48350995 68644908 68031528 71961197 66886666 323875294 271743 192654 234694 699091 48350995 68644908 68303271 72153851 67121360 324574385 11246372 313328013 10877325 9500236 7322364 8531223 10812576 47043724 151000 134722 135000 420722 1063482 1517810 460859 3042151 375080982 131959173 0.83540 0.81970 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 420797221 26325497 12634393 2783362 8036535 448937214 385067705 27490580 17786417 2372624 7174857 420797221 342447190 24532065 25234689 1715097 5431142 385067705 327940685 35970565 -10464814 2889271 8109975 342447190 318833003 22701180 -2601629 2563333 8428536 327940685 0.11050 0.80200 0.08750 0 0 1771868 1464712 307156 1129816 1031487 98329 5141525 3945937 1195588 1601073 AGENCY PAYABLE 8954059 TRUST HELD FOR THE BENEFIT OF OTHERS 1961014 REFUNDABLE DEPOSITS 816737 PAYABLE TO RELATED ORGANIZATION 167591 11899401 X 120862383 3299149 192654 1513454 5005257 115857126 146573 146573 116003699 86854082 192654 956682 1149336 85704746 146573 146573 85851319 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. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. OPEN TAX YEARS FOR THE FOUNDATION INCLUDE 2018, 2017 AND 2016. AS OF JUNE 30, 2019 AND 2018, 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 496,992. FUNDRAISING EVENT EXPENSES 1,016,462. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PV OF ANNUITIES PAYABLE -59,780. FUNDRAISING EVENT EXPENSES 1,016,462. X X 1 RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 TELEFUND 0 936923 550000 386923 936923 550000 386923 AL AK AZ AR CA CO CT FL IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WI BRAIN TUMOR CENTER WALK AHEAD 350328 350118 210 2325 211 57656 SUNFLOWER REVOLUTION 141854 139330 2524 1405 188 55319 38 1150944 692819 458125 17161 398509 3800 479888 1643126 1182267 460859 20891 398908 3800 592863 1016462 -555603 1 UNIVERSITY OF CINCINNATI 2624 CLIFTON AVENUE CINCINNATI OH 45221 316000989 115 52511716 34527 FMV IN-KIND 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 X X 0 0 0 1 0 0 0 0 0 THOMAS D FREEMAN VP, CFO, TREASURER 232074 9450 22921 0 138 0 23265 5250 12614 0 291012 14700 0 0 PETER LANDGREN PRESIDENT 478167 0 10688 0 12396 0 24500 0 23523 0 549274 0 0 0 STEPHEN A ROSFELD VP FOR DEVELOPMENT 181992 0 19250 0 44 0 18199 0 23896 0 243381 0 0 0 JENNIFER L HEISEY EX. DIR.,VP ALUMNI RELATIONS 220685 0 19689 0 59 0 18500 0 11037 0 269970 0 0 0 MICHAEL D ZENZ AVP AHC & UCH DEVELOPMENT 222938 0 18400 0 135 0 20425 0 17588 0 279486 0 0 0 KAREN HATCHER AVP DEVELOPMENT, ATHLETICS 181617 0 21525 0 213 0 18177 0 4802 0 226334 0 0 0 CARRIE E WHITE VP ADVANCEMENT SERVICES 187977 0 18118 0 53 0 18500 0 26801 0 251449 0 0 0 DANNY Z FERRELL EXECUTIVE DIRECTOR GIFT PLANNING 141290 0 16711 0 64 0 9919 0 13488 0 181472 0 0 0 LINDA BLEDSOE VICE PRESIDENT, HUMAN RESOURCES 131422 0 7788 0 8784 0 13175 0 19172 0 180341 0 0 0 PART I, LINE 5 BONUSES ARE PAID TO EMPLOYEES CONTINGENT UPON MEETING SET FUNDRAISING GOALS AS WELL AS DEPENDENT UPON THE ORGANIZATION REACHING FUNDRAISING COMMITMENTS FOR THE YEAR. BONUS AMOUNTS ARE EQUAL TO A PERCENTAGE OF THE EMPLOYEES SALARY. X 156 9369434 AVG HIGH/LOW PRICE X PROMO. MAT/EVENTS 14 34527 COST/SELLING PRICE 24 0 1 1 PART I, COLUMN (B): THE NUMBER LISTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 32B: PUBLICLY TRADED STOCK IS SOLD BY LOCAL STOCK BROKERS. 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 FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE OF THE FOUNDATION FOR REVIEW. THE AUDIT COMMITTEE REPORTS ON THE RESULTS OF THE REVIEW TO THE EXECUTIVE COMMITTEE OF THE FOUNDATION BOARD OF TRUSTEES FOR FINAL APPROVAL PRIOR TO FILING. THE FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES. 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, APPARENT, 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. A TRUSTEE WHO HAS MADE SUCH A DISCLOSURE SHALL ABSTAIN FROM VOTING ON SUCH MATTERS SUBJECT TO THE CONFLICT OF INTEREST POLICY, THE TRUSTEE MAY BE INVITED TO THE BOARD TO PARTICIPATE IN THE DISCUSSION. THE BOARD MEETING MINUTES SHALL REFLECT THAT A DISCLOSURE WAS MADE AND NOTE THE TRUSTEE'S ABSTENTION FROM VOTING. A TRUSTEE WHO IS RECUSED MAY BE COUNTED FOR PURPOSES OF DETERMINING THE PRESENCE OF A QUORUM AT THE MEETING BUT SHALL NOT BE COUNTED FOR PURPOSES OF DETERMINING THE PRESENCE OF A QUORUM FOR THE REQUISITE BOARD ACTION. THE TRUSTEES ANNUALLY SHALL COMPLETE, UPDATE, SIGN, AND CERTIFY THEIR INDEPENDENCE, OR PROMPTLY REPORT IN DETAIL ANY RELATIONSHIPS THAT ARE OR MAY BE A CONFLICT OF INTEREST TO THE SECRETARY OF THE FOUNDATION BOARD. 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 2019. 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 59,780. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 496,992. FORM 990, 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 0 1 0 1 1 0 0 0 0 UNIVERSITY OF CINCINNATI B 52546243 FMV