2020-05-13T14:36:52-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2018-07-01 810362989 THE UNIVERSITY OF MONTANA FOUNDATION UNIV 4062432593 950 ARTHUR AVENUE MISSOULA MT 59801 JAMIE STANTON CFOO 4062432673 2020-05-07 1 KAREN GRIES P00078514 6123764500 2020-05-07 67.137.57.251 2020-05-07 19:43:40 CD P D96076016A1D85786C0DD27C05D232F375DC2AFE 8060EC15FF92BEED2781A6F47B5B824551D192E6 2018 2021-01-29 14:40:06Z CINDY WILLIAMS 950 ARTHUR AVENUE MISSOULA MT 59801 150983353 0 X WWW.SUPPORTUM.ORG X 1950 MT TO INSPIRE PHILANTHROPIC SUPPORT TO ENHANCE EXCELLENCE AND OPPORTUNITY AT THE UNIVERSITY OF MONTANA. 30 30 82 118 -222571 0 30934144 29768656 550000 550000 7615927 8005417 2592556 1807912 41692627 40131985 24020791 32715758 0 0 4297594 4894999 383906 303002 2682213 19740963 3854684 48443254 41768443 -6750627 -1636458 301781851 300888275 40952483 39157351 260829368 261730924 THE UNIVERSITY OF MONTANA FOUNDATION INSPIRES PHILANTHROPIC SUPPORT TO ENHANCE EXCELLENCE AND OPPORTUNITY AT THE UNIVERSITY OF MONTANA. 0 0 34950867 32715758 1804464 TO PROVIDE ACADEMIC AND INSTITUTIONAL SUPPORT FOR THE UNIVERSITY OF MONTANA'S PROGRAMS, CAPITAL PROJECTS, AND STUDENTS 34950867 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 126 0 82 1 1 1 1 CJ GK 0 0 1 1 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA KY MD MA MI MN NH NJ NY OR PA SC UT WV X JAMIE STANTON 4062432593 950 ARTHUR AVENUE MISSOULA MT 59801 PETERSON SUZANNE CHAIR 0.00 X X 0 0 0 ROTH RICH VICE CHAIR 0.00 X X 0 0 0 MOUNTAIN JIM TREASURER 0.00 X X 0 0 0 ALVAREZ ALINA TRUSTEE 0.00 X 0 0 0 AUGER JIM TRUSTEE 0.00 X 0 0 0 BALDRIDGE JULIE TRUSTEE 0.00 X 0 0 0 BARLOW DIANE TRUSTEE 0.00 X 0 0 0 BARTLETT ED TRUSTEE 0.00 X 0 0 0 BEECHER BILL TRUSTEE 0.00 X 0 0 0 BOONE ANN TRUSTEE 0.00 X 0 0 0 BRIDGES DOROTHY TRUSTEE 0.00 X 0 0 0 BUCHANAN SHEILA TRUSTEE 0.00 X 0 0 0 BURKE JOHN TRUSTEE 0.00 X 0 0 0 CAMPBELL SHARILYN TRUSTEE 0.00 X 0 0 0 DAHL BOBBI TRUSTEE 0.00 X 0 0 0 FRANKE PAIGE TRUSTEE 0.00 X 0 0 0 GARDNER JENA TRUSTEE 0.00 X 0 0 0 GILDER BRITNEY TRUSTEE 0.00 X 0 0 0 GOUDGE ANDREA TRUSTEE 0.00 X 0 0 0 HARKINS ROB TRUSTEE 0.00 X 0 0 0 ISERN JENNIFER TRUSTEE 0.00 X 0 0 0 JAMES DOUG TRUSTEE 0.00 X 0 0 0 KNICK BILL TRUSTEE 0.00 X 0 0 0 LEVITAN MATT TRUSTEE 0.00 X 0 0 0 LEWIS HARLEY TRUSTEE 0.00 X 0 0 0 MARISKA JAMES TRUSTEE 0.00 X 0 0 0 MARKOVICH DALE TRUSTEE 0.00 X 0 0 0 MCCALL EARL TRUSTEE 0.00 X 0 0 0 MERCER BILL TRUSTEE 0.00 X 0 0 0 MONAHAN JOE TRUSTEE 0.00 X 0 0 0 MURRAY JIM TRUSTEE 0.00 X 0 0 0 OGREN KATHY TRUSTEE 0.00 X 0 0 0 OLSON MARY TRUSTEE 0.00 X 0 0 0 ROBINSON OWEN TRUSTEE 0.00 X 0 0 0 ROWE BOB TRUSTEE 0.00 X 0 0 0 SAUTER JEREMY TRUSTEE 0.00 X 0 0 0 WHITTINGHILL JOE TRUSTEE 0.00 X 0 0 0 CALNAN ELLEN SECRETARY 40.00 X 61646 0 17008 PLOUFFE-AUSTIN HILLARY SECRETARY 40.00 X 1000 0 0 WILLIAMS CYNTHIA PRESIDENT & CEO 50.00 X 215677 0 43284 STANTON JAMIE CFOO/SECRETARY 50.00 X 142914 0 35080 RITRIEVI CHRISTOPHER VP OF DEVELOPMENT 50.00 X 175278 0 22595 RUE HEATHER VP OF MARKETING & COMMUNICATIONS 50.00 X 100761 0 24911 697276 0 142878 4 0 1 0 JACKSON CONTRACTOR GROUP INC PO BOX 967 MISSOULA MT 59806 CONSTRUCTION 647502 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 PHONATHON 349197 DANT CLAYTON CORPORATION 1500 BERNHEIM LN LOUISVILLE KY 40210 CONSTRUCTION 249771 3 580127 59109 29129420 12578308 29768656 CONTRACT AGREEMENT UM 900099 550000 550000 550000 5543458 -222571 5766029 113290458 3727 110832226 0 2458232 3727 2461959 2461959 22590 59109 19142 3448 3448 ADMIN FEE REVENUE 900099 1017548 1017548 MISCELLANEOUS REVENUE 900099 786916 786916 1804464 40131985 1804464 -222571 8781436 32715758 32715758 770381 447896 322485 2993101 1676934 1316167 258331 164361 93970 586728 324418 262310 286458 158618 127840 33761 3180 30581 59167 59167 303002 303002 496744 375447 121297 512862 355008 122103 35751 84972 51263 30118 3591 812561 536254 194024 82283 232509 22600 204935 4974 239954 150 239804 338645 215015 46408 77222 66745 11668 45139 9938 63085 63085 24362 498 23864 ENTERTAINMENT 355314 186680 136693 31941 CAPITAL EXPENSES 311185 311185 OTHER EXPENSES 209287 164000 35730 9557 RECRUITMENT 12349 2161 10188 1182 1182 41768443 34950867 4135363 2682213 20097127 17606486 39890701 25193728 249349 290337 62817 198695 578222 215351 397638 362871 143874287 163896999 87245747 83479372 9964185 9859787 301781851 300888275 2335228 1375760 21727223 21253895 16890032 16527696 40952483 39157351 X 4841213 7193084 88339730 81016774 167648425 173521066 260829368 261730924 301781851 300888275 X -1636458 3057409 -519395 X 0 1 X 1 0 X 39011761 23522071 62065475 31362293 29768656 185730256 39011761 23522071 62065475 31362293 29768656 185730256 56506263 129223993 3192277 3229303 3425420 3966460 5543458 19356918 1496375 1001890 7253556 2580599 1804464 14136884 219224058 0.58950 0.83720 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMIN FEE REVENUE - 2017 AMOUNT: $ 1,734,765. 2018 AMOUNT: $ 1,017,548. MISC REVENUE - 2014 AMOUNT: $ 1,496,375. 2015 AMOUNT: $ 1,001,890. 2016 AMOUNT: $ 7,253,556. 2017 AMOUNT: $ 845,834. 2018 AMOUNT: $ 786,916. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 637 637 41767806 41768443 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 5066 9902 6640 637 22245 250000 250000 250000 250000 1000000 1500000 0 1 X 147523241 17523721 6875727 5122577 3125753 163674359 136757841 8845573 9051142 4211090 2920225 147523241 122507470 7796183 13722362 4556556 2711619 136757841 125019812 8137833 -3814336 4224577 2611262 122507470 125938016 5222615 178404 4075425 2243798 125019812 0.00300 0.99700 0.00000 1 0 25000 25000 144829 22750 122079 408393 192601 215792 362871 ALTERNATIVE INVESTMENTS 83479372 F 83479372 LIABILITIES TO EXTERNAL BENEFICIARIES 16527696 16527696 X 42310170 3057409 -894639 2162770 40147400 -15415 -15415 40131985 41412340 19142 19142 41393198 375245 375245 41768443 PART IV, LINE 2B: THE UNIVERSITY OF MONTANA FOUNDATION HOLDS ASSETS ON BEHALF OF THE UNIVERSITY OF MONTANA, THE UNIVERSITY OF MONTANA ALUMNI ASSOCIATION, AND THE GRIZZLY SCHOLARSHIP ASSOCIATION. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM STATE AND FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C) (3). WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -519,395. FEES ON SPLIT INTEREST AGREEMENTS -375,244. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENTS -19,142. GAIN ON SALE OF ASSET 3,727. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS 19,142. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 29695348 EUROPE 0 0 INVESTMENTS N/A 3107789 0 0 0 0 0 0 32803137 0 32803137 1 0 0 0 1 0 X X X X X X 1 PERRONE GROUP 140 WOOD ROAD SUITE 201 BRAINTREE MA 02184 DIRECT MAILING 0 344373 37721 306652 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 PHONATHON AND DIRECT MAIL 0 339998 253281 86717 BROCK CONSULTING LLC 502 CANYON GATE DRIVE MISSOULA MT 59803 GIFT SOLICITATION 0 0 12000 -12000 684371 303002 381369 AL AK AR CA CO CT FL GA HI IL KS KY LA MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI MI MA MD ME MN DC ODYSSEY OF THE STARS 42485 40715 1770 WRITER OPUS 16851 5984 10867 4000 760 3 22363 12410 9953 270 14112 81699 59109 22590 270 4000 14872 19142 3448 1 UNIVERSITY OF MONTANA 32 CAMPUS DRIVE MISSOULA MT 59812 816001713 22655650 10060108 FMV DONATED ASSETS ACADEMIC AND INSTITUTIONAL SUPPORT, CAPITAL, AND SCHOLARSHIPS 1 0 PART I, LINE 2: ALL GRANT REQUESTS ARE REVIEWED TO ENSURE THEY ARE IN ACCORDANCE WITH THE DONOR'S CRITERIA AND THE FOUNDATION'S ACCOUNTS PAYABLE POLICY. ADDITIONALLY, GRANT REQUEST MUST BE FROM AN AUTHORIZED UNIVERSITY OF MONTANA REPRESENTATIVE. X 0 0 X X X 0 0 0 0 0 0 0 0 0 WILLIAMS CYNTHIA PRESIDENT & CEO 208872 0 250 0 6555 0 24949 0 18335 0 258961 0 0 0 STANTON JAMIE CFOO/SECRETARY 142664 0 250 0 0 0 16720 0 18360 0 177994 0 0 0 RITRIEVI CHRISTOPHER VP OF DEVELOPMENT 157028 0 0 0 18250 0 9081 0 13514 0 197873 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A CHRISTOPHER RITRIEVI RECEIVED A GROSS UP PAYMENT ASSOCIATED WITH A MOVING EXPENSE REIMBURSEMENT OF $18,250 INCLUDED IN HIS TAXABLE INCOME. X 11 9830933 FAIR MARKET VALUE X 27579 FAIR MARKET VALUE X 95 2517018 FAIR MARKET VALUE X 1 23000 FAIR MARKET VALUE X 2 1763 FAIR MARKET VALUE X 1 360 FAIR MARKET VALUE X VIOLINS 1 67000 FAIR MARKET VALUE X PIANOS 3 54049 FAIR MARKET VALUE X EQUIPMENT 9 52434 FAIR MARKET VALUE X VARIOUS 5 4172 FAIR MARKET VALUE 5 0 1 0 PART I, COLUMN (B): THE AMOUNTS REPORTED IN SCHEDULE M, PART I, COLUMN B IS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIR, PAST CHAIR, VICE CHAIR, TREASURER, CHAIRS OF STANDING COMMITTEES, AND NON VOTING MEMBERS ARE UMF PRESIDENT AND SECRETARY. THE EXECUTIVE COMMITTEE HAS GENERAL OVERSIGHT OVER ALL QUESTIONS AFFECTING THE POLICY, PROPERTY, STAFF AND GENERAL PURPOSES OF THE FOUNDATION. THE EXECUTIVE COMMITTEE WILL AVOID USURPATION OF DECISION MAKING BY THE BOARD. HOWEVER, DURING INTERVALS BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE EXERCISES THE POWER AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE PROPERTY AND AFFAIRS OF THE FOUNDATION, EXCEPT THE POWER TO ELECT TRUSTEES AND OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGMENT. PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE AUDIT FINANCE COMMITTEE OF THE BOARD AND IS AVAILABLE FOR REVIEW TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR TRUSTEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. INDIVIDUAL TRUSTEES MUST DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST TO THE CHAIR OF THE GOVERNANCE COMMITTEE, OR IF THE CONFLICT IS IDENTIFIED DURING A BOARD MEETING THEN TO THE TRUSTEE CHAIRING THE MEETING. AFTER DISCLOSURE OF THE CONFLICT, THE INDIVIDUAL TRUSTEE SHALL RECUSE THEMSELVES FROM DISCUSSIONS AND VOTES ON THAT MATTER. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE FOUNDATION'S PRESIDENT/CEO IS REVIEWED ON AN ANNUAL BASIS BY THE TALENT COMMITTEE OF THE BOARD OF TRUSTEES. SALARY SURVEYS ARE REFERENCED BY THE COMMITTEE IN DETERMINING SALARY. THIS PROCESS WAS MOST RECENTLY COMPLETED IN 2018. COMPENSATION FOR EXECUTIVE EMPLOYEES AND THE SECRETARY ARE REVIEWED ON AN ANNUAL BASIS BY THE CEO, AND COMPARED TO PEER INSTITUTIONS THROUGH INDEPENDENT SALARY SURVEYS. THIS PROCESS WAS MOST RECENTLY COMPLETED IN 2018. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY AUDITED FINANCIAL STATEMENTS, AND ANNUAL REPORTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN LIABILITY TO EXTERNAL BENEFICIARIES -519,395. THE UNIVERSITY OF MONTANA 32 CAMPUS DRIVE MISSOULA MT 59812 816001713 HIGHER EDUCATION MT 115(1) N/A 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0