2019-05-15T08:49:06-05:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2017-07-01 237394620 UNIVERSITY OF ALASKA FOUNDATION UNIV 9074508030 PO BOX 755120 FAIRBANKS AK 997755120 STAN MISHIN DIRECTOR OF FINANCE 9074508030 2019-05-13 1 KAREN GRIES P00078514 6123764500 67.137.57.251 2019-05-13 15:52:15 CD P 018F859A7ADF71927D8CA29E6C090381BCC96D15 E087ECC427FCF6F1386F54131AA171D58D37D782 2017 2019-02-21 02:37:17Z SUSAN FOLEY PO BOX 755120 FAIRBANKS AK 997755120 38070150 0 X WWW.ALASKA.EDU/FOUNDATION X 1974 AK THE MISSION OF THE UNIVERSITY OF ALASKA FOUNDATION IS TO SEEK, SECURE, AND STEWARD PHILANTHROPIC SUPPORT TO BUILD EXCELLENCE AT THE UNIVERSITY OF ALASKA. 23 19 0 30 116078 0 26600698 17880363 8553 6595 7201188 5221299 -50998 1962 33759441 23110219 17719275 16857211 0 0 0 2492422 0 500504 765495 4304668 654228 22023943 20504365 11735498 2605854 391288773 410291827 145678302 151157432 245610471 259134395 X THE MISSION OF THE UNIVERSITY OF ALASKA FOUNDATION IS TO SEEK, SECURE, AND STEWARD PHILANTHROPIC SUPPORT TO BUILD EXCELLENCE AT THE UNIVERSITY OF ALASKA (UA). 0 0 10482205 10482205 0 ACADEMIC PROGRAM SUPPORT: THE FOUNDATION ACCEPTS, MANAGERS AND ACTS AS TRUSTEE FOR ALL MONETARY GIFTS RECEIVED ON BEHALF OF THE UNIVERSITY OF ALASKA (UA). OVER 60% OF PROGRAM EXPENSES GO TO SUPPORT ACADEMIC SERVICES, FACILITIES & RELATED INFRASTRUCTURE ACROSS THE UA SYSTEM. 3154271 3154271 0 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 OF THESE CRITERIA. IN FY18, THE FOUNDATION PROVIDED 1,702 SCHOLARSHIPS TO 1,385 UNIVERSITY STUDENTS. 3220735 3220735 6595 STUDENT & PUBLIC SUPPORT: THE FOUNDATION ADMINISTERS CHARITABLE GIFTS INTENDED BY DONORS TO ENHANCE STUDENT LIFE, COMMUNITY ENGAGEMENT, AND PUBLIC LEARNING. THESE INCLUDE UA 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. OTHER PROGRAM SERVICES EXPENDITURES INCLUDE PAYMENTS TO SUPPORT STUDENT ATHLETICS AND OPERATING EXPENSES OF THE FOUNDATION. IN FISCAL YEAR 2018, THE FOUNDATION HAD 26 EMPLOYEES WITH OFFICES IN FAIRBANKS AND ANCHORAGE, ALASKA. THE BOARD OF REGENTS OF THE UNIVERSITY OF ALASKA HAS RECOGNIZED THE UNIVERSITY OF ALASKA FOUNDATION AS THE ENTITY TO MANAGE PRIVATE GIFTS MADDE TO SUPPORT ALL CAMPUSES OF THE UNIVERSITY OF ALASKA SYSTEM. IN ADDITION, THE FOUNDATION MANAGES THE INVESTABLE ASSETS OF UA'S LAND GRANT TRUST FUND. THE FOUNDATION IS RESPONSIBLE FOR GIFT ACCEPTANCE, INVESTMENT AND DISBURSEMENT TO UA, ENSURING PRIVATE CONTRIBUTIONS ARE USED IN ACCORDANCE WITH DONORS' WISHES. MORE THAN 1600 SEPARATE FUNDS ARE MANAGED AND INVESTED FOR THE BENEFIT OF THE UNIVERSITY. THE FOUNDATION'S OPERATIONS ARE FUNDED BY A ONE-TIME ADMINISTRATIVE FEE OF 1% ON ENDOWED GIFTS, 5% ON NON-ENDOWED GIFTS, AN ANNUAL 1% FEE ON THE ENDOWMENT FUNDS, AND AN ANNUAL .5% FEE ON THE UNIVERSITY OF ALASKA LAND GRANT TRUST FUND. 16857211 1 1 0 1 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 X 12 0 0 1 1 0 0 0 0 1 1 0 0 0 0 X 23 19 0 0 1 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 AL AR CT FL IL ME MA MD MI MN NH NJ NV NY OR WA AK CO KY NC OH OK RI VA UT SC X X STAN MISHIN 9074508030 PO BOX 755120 FAIRBANKS AK 997755120 X ANDERSON SUSAN DIRECTOR 0.50 X 0 0 0 BRUCE LAURA DIRECTOR/TREASURER 1.10 X X 0 0 0 BUSTAD LEO DIRECTOR 1.00 X 0 0 0 CARTLEDGE CYNTHIA DIRECTOR/VICE CHAIR 0.60 X X 0 0 0 CAULFIELD RICHARD DIRECTOR 0.40 54.60 X 0 172906 43981 CAVANAUGH HEATHER DIRECTOR 0.70 X 0 0 0 FARLEY JULEE DIRECTOR 0.10 X 0 0 0 FLETCHER TODD DIRECTOR 0.10 X 0 0 0 FRYE LATOSHA DIRECTOR 0.60 X 0 0 0 GINGERICH SAM DIRECTOR 0.40 54.60 X 0 222800 29949 HECKMAN JO DIRECTOR 0.30 X 0 0 0 HUGHES MARY DIRECTOR 0.60 X 0 0 0 HULBERT LINDA DIRECTOR 0.40 X 0 0 0 JENSEN THOMAS DIRECTOR 0.00 X 0 0 0 JEPSEN SCOTT DIRECTOR 0.80 X 0 0 0 JOHNSEN JIM DIRECTOR 0.60 54.40 X 0 380517 65534 KELLER CARY DIRECTOR/SECRETARY 0.70 X X 0 0 0 KOSTKA JIM DIRECTOR 0.70 X 0 0 0 MADSEN STEPHANIE DIRECTOR 0.50 X 0 0 0 NORDALE MEGAN DIRECTOR 0.10 X 0 0 0 PASKVAN FRANK DIRECTOR 0.20 X 0 0 0 ROMANO MARILYN DIRECTOR 0.40 X 0 0 0 SLIVKA ALEX DIRECTOR/CHAIR 1.10 X X 0 0 0 TOWNS-BAIN ALEESHA DIRECTOR 0.40 X 0 0 0 WHITE DAN DIRECTOR 0.60 54.40 X 0 262235 62558 FOLEY SUSAN PRESIDENT 27.50 27.50 X 0 195823 48111 MISHIN STAN DIRECTOR OF FINANCE 40.00 X 0 11600 0 WEAVER TAMERA CHIEF INVESTMENT OFFICER 28.00 12.00 X 0 154638 28122 LYNCH JIM TREASURER - UNIV OF ALASKA 4.00 36.00 X 0 139073 42661 THOMAS JAMES ACCOUNTING MANAGER 40.00 X 0 101902 30546 RIEBE MEGAN EXECUTIVE DIRECTOR 25.00 25.00 X 0 139984 55198 WOODLEY DAVID DIRECTOR OF INFORMATION SERVICES 40.00 10.00 X 0 127484 46951 0 1908962 453611 0 0 1 0 UNIVERSITY OF ALASKA PO BOX 756540 FAIRBANKS AK 997756540 PERSONNEL/COMPENSATION 2429216 GARY HUBBELL CONSULTING 3143 E HAMPSHIRE AVENUE MILWAUKEE WI 53211 FUNDRAISING CAMPAIGN CONSULTING 106041 2 71332 237614 1642623 15928794 535588 17880363 STUDENT & PUBLIC SUPPORT 900099 6595 6595 6595 1259784 116078 1143706 509 509 18698413 14723601 13297 3974812 -13297 3961515 3961515 224486 237614 223033 1453 1453 23110219 6595 116078 5107183 X 13059696 13059696 3797515 3797515 200028 170075 29953 1582642 1445728 136914 315532 285997 29535 362132 339772 22360 32088 29084 3004 32922 32922 57200 57200 500504 500504 41727 41727 218742 218742 83847 83847 69189 69189 47861 47861 6127 6127 FUNDRAISING EXPENSES 43225 43225 MEMBERSHIP DUES & SUBSC 30053 30053 23335 23335 20504365 16857211 2881659 765495 32104148 33756720 2219137 2374189 9790289 23245 23244 80012 67558 24667947 24645995 320703123 337499789 1330594 1442791 370278 10481541 391288773 410291827 319962 162637 2601512 3087094 308483 222720 302217 301311 142146128 147383670 145678302 151157432 X 24941234 25587474 103224020 112280348 117445217 121266573 245610471 259134395 391288773 410291827 X 2605854 9845334 1072736 X 0 1 X 1 0 X 21427086 17340707 13604027 25948385 17657330 95977535 0 0 0 0 0 44092 42993 35568 39910 39199 201762 21471178 17383700 13639595 25988295 17696529 96179297 9170172 87009125 2213241 1740475 1629193 2004717 1143706 8731332 8987 136778 201856 0 116078 463699 105374328 0.82570 0.81220 X 0 0 0 20281137 20281137 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 0 0 0 0 250000 250000 250000 250000 1000000 1500000 0 0 0 0 186912041 4201823 14551495 6315428 0 1685720 197664211 157164851 14224864 22742776 5613949 0 1606504 186912041 170798533 2342193 -8568377 5720992 0 1686506 157164851 176183504 4210753 -2621207 5306615 0 1667902 170798533 157160895 5947369 19276289 4709970 0 1491079 176183504 0.21000 0.61000 0.18000 0 0 0 UAFCEF, LP 337499789 F 337499789 CHARITABLE REMAINDER TRUST 15390 ASSETS HELD IN TRUST FOR THE UNIVERSITY OF ALASKA 146368280 QUASI ENDOWMENT LIABILITY 1000000 147383670 X 34028289 9845334 1072736 10918070 23110219 0 23110219 20504365 0 20504365 0 20504365 PART V, LINE 4: 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 CONSOLIDATED ENDOWMENT FUND. THE UNIVERSITY HAS 44% OWNERSHIP AND THE FOUNDATION HAS 56% OWNERSHIP. PART X, LINE 2: THE FOUNDATION IS AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 503(C)(3) OF THE IRC AND IS GENERALLY NOT SUBJECT TO FEDERAL INCOME TAXES. CONTRIBUTIONS TO THE FOUNDATION ARE DEDUCTIBLE FOR TAX PURPOSES BY THE DONOR, SUBJECT TO THE NORMAL LIMITATIONS IMPOSED BY THE TAXING AUTHORITIES. HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. ACCORDINGLY, THE FOUNDATION RECORDED FEDERAL AND STATE INCOME TAX LIABILITIES OF $-0- FOR THE YEARS ENDED JUNE 30, 2018 AND 2017, RESPECTIVELY, PRIMARILY ORIGINATING FROM CERTAIN INVESTMENTS IN PRIVATE CAPITAL. THE INCOME TAX EXPENSE IS REPORTED ON THE CONSOLIDATED STATEMENTS OF ACTIVITIES AS A REDUCTION IN INVESTMENT INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENTS TO REMAINDER TRUST LIABILITY 1,072,736. X X X X X X 1 RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 ANNUAL GIVING PROGRAM 0 322131 379547 0 GARY HUBBELL CONSULTING 3143 E HAMPSHIRE AVENUE MILWAUKEE WI 53211 CAPITAL CAMPAIGN CONSULTANT 0 0 100957 0 DONOR RELATIONS GURU 808 HAWTHORNE LANE UNIT 451 CHARLOTTE NC 28204 DONOR RELATIONS CONSULTANT 0 0 20000 0 322131 500504 AL AR CO CT FL IL KY ME MA MD MI MN NC WA NH NJ NY NV AK SC RI OR OK OH VA UT BLUE & GOLD GALA 135386 88631 46755 3000 19413 16000 20580 CELEBRITY CHEF INVITATIONAL 93490 68990 24500 50 11275 13825 12335 9 213874 73705 140169 1224 45026 7368 56502 442750 231326 211424 50 4224 75714 37193 89417 206598 4826 1 UNIVERSITY OF ALASKA PO BOX 755000 FAIRBANKS AK 99775 926000147 STATE OF ALASKA 13642226 60714 FMV AIRLINE VOUCHERS STUDENT, PROGRAM AND OTHER DEPARTMENT SUPPORT FOR THE UNIVERSITY 1 STUDENT AID 1385 3154271 0 N/A N/A PART I, LINE 2: ALL GRANT FUNDS PROVIDED TO THE UNIVERSITY ARE REQUIRED TO INCLUDE APPROPRIATE DOCUMENTATION PROVIDING DETAILS ON EXPENDITURES, INCLUDING AUTHORIZED SIGNATURE AUTHORITY. ALL SCHOLARSHIP REQUEST ARE MONITORED BY REVIEW OF THE CRITERIA RELATED TO THE SCHOLARSHIP, WHICH PROVIDES ASSURANCE THAT THE RECIPIENT MEETS ELIGIBILITY REQUIREMENTS. STUDENT PROGRESS IS MONITORED TO ASSURE CONTINUED COMPLIANCE WITH ESTABLISHED CRITERIA. 0 0 0 0 0 0 0 0 0 CAULFIELD RICHARD DIRECTOR 0 171890 0 0 0 1016 0 41323 0 2658 0 216887 0 0 GINGERICH SAM DIRECTOR 0 222800 0 0 0 0 0 29949 0 0 0 252749 0 0 JOHNSEN JIM DIRECTOR 0 320917 0 50000 0 9600 0 41013 0 24521 0 446051 0 0 WHITE DAN DIRECTOR 0 262235 0 0 0 0 0 40528 0 22030 0 324793 0 0 FOLEY SUSAN PRESIDENT 0 195823 0 0 0 0 0 27093 0 21018 0 243934 0 0 WEAVER TAMERA CHIEF INVESTMENT OFFICER 0 142402 0 0 0 12236 0 3213 0 24909 0 182760 0 0 LYNCH JIM TREASURER - UNIV OF ALASKA 0 139073 0 0 0 0 0 39982 0 2679 0 181734 0 0 RIEBE MEGAN EXECUTIVE DIRECTOR 0 139984 0 0 0 0 0 20613 0 34585 0 195182 0 0 WOODLEY DAVID DIRECTOR OF INFORMATION SERVICES 0 127484 0 0 0 0 0 3213 0 43738 0 174435 0 0 PART I, LINE 3 THE UA FOUNDATION'S COMPENSATION SYSTEM IS ADMINISTERED BY THE UNIVERSITY OF ALASKA'S HUMAN RESOURCES DEPARTMENT IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES AND PROCEDURES. X 10 417772 MARKET QUOTES X AIRLINES VOUCHERS 1 66960 AVERAGE TICKET PRICE X FUNDRAISING ITEMS 174 45689 FAIR MARKET VALUE X BOARD TRAVEL EXPENSES 7 5168 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): COLUMN (B) IS REPORTING THE NUMBER OF CONTRIBUTORS. PART I LINE 15/PART IX FUNCTIONAL EXPENSE REPORTING THE REPORTING OF COMPENSATION IN THE FORM 990 RELFECTS THE AMOUNTS THE UNIVERSITY OF ALASKA FOUNDATION DIRECTLY REIMBURSES TO UNIVERSITY OF ALASKA FOR COMPENSATION, BENEFITS AND RELATED COSTS OF EMPLOYMENT OF EMPLOYEES DEVOTING TIME TO THE FOUNDATION. SINCE THE FOUNDATION REIMBURSES THESE AMOUNTS DIRECTLY, THE REIMBURSEMENTS ARE REPORTED AS SALARIES, BENEFITS AND PAYROLL TAXES WITHIN THE FORM 990. ALTHOUGH THE FOUNDATION'S PRACTICE OF REIMBURSING THESE EXPENSES HAS NOT CHANGED FROM THE PRIOR YEAR, THE PRESENTATION WITHIN THE FORM 990 FOR THE YEAR ENDED JUNE 30, 2018 HAS CHANGED SINCE THE FOUNDATION BELIEVES THE PRESENTATION MORE ACCURATELY REFLECTS THE TRUE NATURE OF THE REIMBURSEMENT TO THE UNIVERSITY. FOR FISCAL YEAR 2018, THE FOUNDATION REIMBURSED THE UNIVERSITY FOR APPROXIMATELY 26 EMPLOYEES. PART V LINE 2A COMPENSATION AND RELATED TAX FILINGS, SUCH AS THE W2 AND W3, ARE PROVIDED BY THE UNIVERSITY OF ALASKA. THE FOUNDATION REIMBURSES THE UNIVERSITY FOR ALL COMPENSATION AND RELATED EXPENSES. FORM 990, PART VI, SECTION A, LINE 1 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, SECTION A, LINE 4 THE FOUNDATION MADE CHANGES TO THE BYLAWS DURING FISCAL YEAR 2018 TO PROVIDE FRO THE INCLUSION OF THE TREASURER AS A NEW BOARD OFFICER. THE TREASURER MUST BE A BOARD MEMBER AND WILL BE A MEMBER OF THE EXECUTIVE COMMITTEE. THE FOUNDATION ALSO CREASED THE DIRECTOR OF FINANCE POSITION AND THE PERSON WILL BE AN OFFICER OF OF THE FOUNDATION. FOUNDATION DIRECTOR OF FINANCE WILL BE APPOINTED BY UNIVERSITY OF ALASKA PRESIDENT AND FOUNDATION PRESIDENT, AFTER CONSULTATION WITH BOARD EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A WHILE THE MAJORITY OF THE BOARD OF DIRECTORS ARE ELECTED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS, OTHER INDIVIDUALS ARE A DIRECTOR OF THE FOUNDATION BY VIRTUE OF THEIR RELATIONSHIP WITH EITHER THE UNIVERSITY OF ALASKA OR BOARD OF REGENTS. THE BOARD OF DIRECTORS SHALL INCLUDE EX-OFFICIO DIRECTORS THAT CONSIST OF THE PRESIDENT OF THE UNIVERSITY AND THE UNIVERSITY CHANCELLORS. IN ADDITION, THERE SHALL BE TWO REGENT DIRECTORS WHO ARE MEMBERS OF THE BOARD OF REGENTS, ANNUALLY APPOINTED BY THE CHAIR OF THE BOARD OF REGENTS OF THE UNIVERSITY. IN ADDITION, A REGENT DIRECTOR MAY BE REMOVED BY THE CHAIR OF THE BOARD OF REGENTS OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE & AUDIT COMMITTEE OF THE BOARD REVIEWS THE FORM 990 RETURN BEFORE IT IS FILED 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, SECTION B, LINE 12C THE UNIVERSITY OF ALASKA FOUNDATION HAS A CONFLICT OF INTEREST POLICY WHICH APPLIES TO BOARD MEMBERS, ALL COMMITTEES, SUBCOMMITTEES, 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. THE POLICY PROVIDES THAT POTENTIAL CONFLICTS ARE TO BE DISCLOSED TO THE BOARD, COMMITTEE, OFFICER OR SUPERVISOR AS SOON AS PRACTICABLE AFTER BECOMING AWARE OF A POTENTIAL CONFLICT. IF A CONFLICT IS DISCLOSED IN A MEETING, THE PERSON OF INTEREST IS ASKED TO LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT. IF APPROPRIATE, ANOTHER PERSON OR COMMITTEE MAY BE APPOINTED TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE NATURE OF THE POTENTIAL CONFLICT, THE DETERMINATION BY THE BOARD OR COMMITTEE, AND DETAILS OF ANY VOTES TAKEN ARE DOCUMENTED IN THE MINUTES OF THE MEETING. ANY PERSON VIOLATING THE CONFLICT OF INTEREST POLICY SHALL BE SUBJECT TO APPROPRIATE DISCIPLINE, INCLUDING DISMISSAL OR REMOVAL FROM OFFICE. FORM 990, PART VI, SECTION B, LINE 15 THE UA FOUNDATION'S COMPENSATION SYSTEM IS ADMINISTERED BY THE UNIVERSITY OF ALASKA'S HUMAN RESOURCES DEPARTMENT IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION C, LINE 19 THE ARTICLES OF INCORPORATION AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC ON THE FOUNDATION WEBSITE, WWW.ALASKA.EDU/FOUNDATION. THE CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART VII LINE 2 FOUNDATION STAFF ARE ALL EMPLOYEES OF THE UNIVERSITY OF ALASKA. THE FOUNDATION REIMBURSES THE UNIVERSITY OF ALASKA FOR ALL COMPENSATION AND RELATED EXPENSES. FORM 990, PART IX, LINE 2 THE FOUNDATION PROVIDES GRANTS AND OTHER ASSISTANCE TO DOMESTIC INDIVIDUALS THROUGH ITS RELATED ENTITY, THE UNIVERSITY OF ALASKA. THESE SCHOLARSHIPS ARE FUNDING THE STUDENTS AT THE UNIVERSITY OF ALASKA. PART IX FOUNDATION STAFF ARE ALL EMPLOYEES OF THE UNIVERSITY OF ALASKA. THE FOUNDATION REIMBURSES THE UNIVERSITY OF ALASKA FOR ALL COMPENSATION AND RELATED EXPENSES. FOR THE PURPOSE OF THE FUNCTIONAL EXPENSE REPORTING, AMOUNTS PAID TO THE UNIVERSITY FOR SALARIES, BENEFITS, AND RELATED COSTS AND INCLDUED IN THEIR NATURAL LINE CATEGORIES. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT OF REMAINDER TRUST 1,072,736. UNIVERSITY OF ALASKA PO BOX 756540 FAIRBANKS AK 99775 926000147 EDUCATION THROUGH TEACHING AND RESEARCH AK N/A 0 UNIVERSITY OF ALASKA FOUNDATION CONSOLIDATED ENDOWMENT FUND LP 125 HIGH STREET BOSTON MA 02110 462876772 INVESTMENT MANAGEMENT DE UNIVERSITY OF ALASKA FOUNDATION INVESTMENT 20993797 340313346 1 116524 0 0.99990 1 1 1 0 0 1 0 0 0 1 1 1 1 1 1 1 1 1 1 UNIVERSITY OF ALASKA FOUNDATION CONSOLIDATED ENDOWMENT FUND LP A 681686 FAIR MARKET VALUE UNIVERSITY OF ALASKA FOUNDATION CUONSOLIDATED ENDOWMENT FUND LP B 7330478 FAIR MARKET VALUE UNIVERSITY OF ALASKA FOUNDATION CONSOLIDATED ENDOWMENT FUND LP C 16307702 FAIR MARKET VALUE UNIVERSITY OF ALASKA FOUNDATION CONSOLIDATED ENDOWMENT FUND LP F 2158672 FAIR MARKET VALUE UNIVERSITY OF ALASKA FOUNDATION CONSOLIDATED ENDOWMENT FUND LP P 1815423 FAIR MARKET 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 UPON 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 THAT THIS INFORMATION WILL BE INCLUDED ON THIS FORM 990.