UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION (EIN 72-6028527)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-01-29
- IRS object ID
- 202530299349300938
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-01-29T15:37:19-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOODARD & ASSOCIATES (APAC) | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1904 STUBBS AVENUE SUITE B | AddressLine1Txt |
| City | MONROE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 71201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 726028527 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF LOUISIANA AT MONROE | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 3183423610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 UNIVERSITY AVENUE | AddressLine1Txt |
| City | MONROE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 71209 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN CHAPPELL | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 3183423610 | PhoneNum |
| Signature | 2025-01-29 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DILLON DAVIS | PreparerPersonNm |
| PTIN | P03159225 | PTIN |
| Phone | 3183872672 | PhoneNum |
| Preparation | 2025-01-29 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SUSAN CHAPPELL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 UNIVERSITY AVENUE | AddressLine1Txt |
| City | MONROE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 71209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,531,728 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ULM.EDU/FOUNDATION/ABOUT.HTML | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1961 | FormationYr |
| Legal Domicile State | LA | LegalDomicileStateCd |
| Activity Or Mission | THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION'S PURPOSE IS TO SOLICIT, RECEIVE AND ADMINISTER PRIVATE GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF LOUISIANA AT MONROE, ITS FACULTY AND ITS STUDENTS AND TO SUPPORT THE ADVANCEMENT OF THE UNIVERSITY BY ACQUIRING IMMOVABLE PROPERTY FOR FUTURE ACQUISITION BY THE UNIVERSITY OF LOUISIANA AT MONROE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $5,411,450 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,514,499 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $856,459 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,007,640 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,504,170 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,119,143 | CYInvestmentIncomeAmt |
| PY Other Revenue | $30,751 | PYOtherRevenueAmt |
| CY Other Revenue | $9,589 | CYOtherRevenueAmt |
| PY Total Revenue | $10,802,830 | PYTotalRevenueAmt |
| CY Total Revenue | $12,650,871 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $932,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,113,613 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $869,923 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,005,334 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $257,386 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,255,579 | PYOtherExpensesAmt |
| CY Other Expenses | $2,426,857 | CYOtherExpensesAmt |
| PY Total Expenses | $4,057,502 | PYTotalExpensesAmt |
| CY Total Expenses | $4,545,804 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,745,328 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,105,067 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $91,637,520 | TotalAssetsBOYAmt |
| Total Assets EOY | $104,760,269 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $39,807,267 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $44,824,949 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $51,830,253 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $59,935,320 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION'S PURPOSE IS TO SOLICIT, RECEIVE AND ADMINISTER PRIVATE GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF LOUISIANA AT MONROE, ITS FACULTY AND ITS STUDENTS AND TO SUPPORT THE ADVANCEMENT OF THE UNIVERSITY BY ACQUIRING IMMOVABLE PROPERTY FOR FUTURE ACQUISITION BY THE UNIVERSITY OF LOUISIANA AT MONROE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,113,613 | ExpenseAmt |
| Grant | $1,113,613 | GrantAmt |
| Desc | SCHOLARSHIPS - PROVIDED SCHOLARSHIPS TO THE STUDENTS ATTENDING THE UNIVERSITY OF LOUISIANA AT MONROE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $508,182 | ExpenseAmt |
| Desc | ACADEMIC SUPPORT - ASSISTED THE UNIVERSITY OF LOUISIANA AT MONROE IN ATTRACTING AND RETAINING HIGH QUALITY FACULTY THROUGH SALARY ENHANCEMENTS AND FACULTY ENHANCEMENT THROUGH TRAVEL AND RESEARCH. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $148,348 | ExpenseAmt |
| Desc | DEPARTMENTAL SUPPORT - PROVIDED ASSISTANCE TO THE UNIVERSITY OF LOUISIANA AT MONROE FOR THE PURPOSE OF ENHANCING ACADEMIC PROGRAMS THROUGH FACULTY DEVELOPMENT AND ENHANCEMENT IN ORDER TO PROMOTE THE ACCOMPLISHMENTS OF THE UNIVERSITY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,399,544 | ExpenseAmt |
| Desc | NONE | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,399,544 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $3,169,687 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 43 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 6 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES DIGIULIAN | PersonNm |
| Phone | 3183423610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 UNIVERSITY AVENUE | AddressLine1Txt |
| City | MONROE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 71209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|
| JERRY ALLEN | |||||
| PAST PRESIDE | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TONI BACON | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| ANDREW BARBER | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| DENNIS BLUNT | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| LEANN BOYD | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| BILL CHEEK | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| GLEN CORBIN | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| BETTY CUMMINS | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| JOE FARR | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| TERI FONTENOT | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| STEPHEN FUTRELL | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| JOHN GARDNER | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| ALBERTA GREEN | |||||
| SECRETARY/TR | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SUSAN HOFFMANN | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| SABRINA HOGAN | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| LINDA HOLYFIELD | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| LEO HONEYCUTT | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| CHARLES JACKSON III | |||||
| VICE PRESIDE | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOHN JACKSON | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| JOE JACOBS | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| TAYLOR JAMISON | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| JOHN JONES | |||||
| PRESIDENT | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JEFFERY LAUDENHEIMER | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| LESA LAWRENCE | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| JOHN LUFFEY | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| ANGELA MCCRAY | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| MARK NEAL | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| KURT OESTRIECHER | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| ALLISON FRANZEN-CAMACHO PHD | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| TIM QUINN | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| MATT SANDERSON | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| KEVIN SMITH | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| JOHN WELLS | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| CHRIS WINDHAM | |||||
| TRUSTEE | Yes (X) | $0 | $0 | $0 | |
| SUSAN CHAPPELL | |||||
| EXECUTIVE DI | Yes (X) | $0 | $0 | $0 | |
| CHARLES DIGIULIAN | |||||
| CFO | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $5,514,499 | AllOtherContributionsAmt |
| Noncash Contributions | $59,880 | NoncashContributionsAmt |
| Total Contributions | $5,514,499 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| SERVICE CHARGES EARNED | $690,546 | $690,546 |
| OTHER INCOME | $199,534 | $199,534 |
| SPYKER FARM INCOME | $115,565 | $115,565 |
| LEASE INCOME- WIND TOWER | $1,995 | $1,995 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,007,640 | TotalProgramServiceRevenueAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $9,589 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $9,589 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,589 | TotalRevenueColumnAmt |
| Exclusion | $9,589 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$6,119,143 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,119,143 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,119,143 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,119,143 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,650,871 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,126,783 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $9,589 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,113,613 | TotalAmt |
| Program Services | $1,113,613 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $817,501 | TotalAmt |
| Program Services | $395,191 | ProgramServicesAmt |
| Management And General | $422,205 | ManagementAndGeneralAmt |
| Fundraising | $105 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,237 | TotalAmt |
| Program Services | $67,704 | ProgramServicesAmt |
| Management And General | $12,533 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,925 | TotalAmt |
| Program Services | $28,577 | ProgramServicesAmt |
| Management And General | $47,348 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,671 | TotalAmt |
| Program Services | $787 | ProgramServicesAmt |
| Management And General | $30,884 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,500 | TotalAmt |
| Management And General | $31,500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $430,214 | TotalAmt |
| Management And General | $430,214 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,689 | TotalAmt |
| Program Services | $204,123 | ProgramServicesAmt |
| Management And General | $53,178 | ManagementAndGeneralAmt |
| Fundraising | $100,388 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,258 | TotalAmt |
| Program Services | $50,298 | ProgramServicesAmt |
| Management And General | $7,715 | ManagementAndGeneralAmt |
| Fundraising | $5,245 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $355,825 | TotalAmt |
| Program Services | $305,385 | ProgramServicesAmt |
| Management And General | $22,383 | ManagementAndGeneralAmt |
| Fundraising | $28,057 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,151 | TotalAmt |
| Program Services | $143,661 | ProgramServicesAmt |
| Management And General | $29,490 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,404 | TotalAmt |
| Program Services | $31,883 | ProgramServicesAmt |
| Management And General | $14,521 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,396 | TotalAmt |
| Program Services | $38,281 | ProgramServicesAmt |
| Management And General | $479 | ManagementAndGeneralAmt |
| Fundraising | $20,636 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $406,459 | TotalAmt |
| Program Services | $303,504 | ProgramServicesAmt |
| Fundraising | $102,955 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,656 | TotalAmt |
| Management And General | $1,656 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,951 | TotalAmt |
| Management And General | $12,951 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| AWARDS | $148,348 | $148,348 |
| BAD DEBT EXPENSE | $142,434 | $142,434 |
| ANNUITY PAYMENTS | $89,135 | $89,135 |
| DONATIONS TO ULM | $84,571 | $84,571 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,866 | TotalAmt |
| Program Services | $22,192 | ProgramServicesAmt |
| Management And General | $1,674 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,545,804 | TotalAmt |
| Program Services | $3,169,687 | ProgramServicesAmt |
| Management And General | $1,118,731 | ManagementAndGeneralAmt |
| Fundraising | $257,386 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $368,986 | BOYAmt |
| EOY | $356,189 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,488,333 | BOYAmt |
| EOY | $1,926,045 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,457 | BOYAmt |
| EOY | $182,087 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $613,574 | BOYAmt |
| EOY | $464,759 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,571 | BOYAmt |
| EOY | $67,532 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,660,886 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $23,490 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,639,052 | BOYAmt |
| EOY | $3,637,396 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,471,787 | BOYAmt |
| EOY | $98,120,501 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,760 | BOYAmt |
| EOY | $5,760 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,637,520 | BOYAmt |
| EOY | $104,760,269 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,327 | BOYAmt |
| EOY | $383,754 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,686,940 | BOYAmt |
| EOY | $44,441,195 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,807,267 | BOYAmt |
| EOY | $44,824,949 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,521,752 | BOYAmt |
| EOY | $13,644,905 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,308,501 | BOYAmt |
| EOY | $46,290,415 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,830,253 | BOYAmt |
| EOY | $59,935,320 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,637,520 | BOYAmt |
| EOY | $104,760,269 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $8,105,067 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,342,824 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,042,637 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,276,987 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,411,450 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,514,499 | CurrentTaxYearAmt |
| Total | $22,588,397 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,342,824 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,042,637 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,276,987 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,411,450 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,514,499 | CurrentTaxYearAmt |
| Total | $22,588,397 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,827,368 | SubstantialContributorsTotAmt |
| Public Support Total170 | $19,761,029 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $651,837 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,372,804 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $53,669 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30,751 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,589 | CurrentTaxYearAmt |
| Total | $9,118,650 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $31,707,047 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,919,522 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.62320 | PublicSupportCY170Pct |
| Public Support PY170 | 0.61450 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $5,760 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $63,842,508 | BeginningYearBalanceAmt |
| Contributions | $3,568,344 | ContributionsAmt |
| Investment Earnings Or Losses | $11,116,420 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,132,064 | OtherExpendituresAmt |
| Administrative Expenses | $518,832 | AdministrativeExpensesAmt |
| End Year Balance | $76,876,376 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $56,281,531 | BeginningYearBalanceAmt |
| Contributions | $1,898,491 | ContributionsAmt |
| Investment Earnings Or Losses | $8,064,332 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,457,483 | OtherExpendituresAmt |
| Administrative Expenses | $944,362 | AdministrativeExpensesAmt |
| End Year Balance | $63,842,509 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $65,982,739 | BeginningYearBalanceAmt |
| Contributions | $1,468,412 | ContributionsAmt |
| Investment Earnings Or Losses | -$7,399,520 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,773,510 | OtherExpendituresAmt |
| Administrative Expenses | $996,590 | AdministrativeExpensesAmt |
| End Year Balance | $56,281,531 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $51,664,380 | BeginningYearBalanceAmt |
| Contributions | $1,829,506 | ContributionsAmt |
| Investment Earnings Or Losses | $15,561,518 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,149,175 | OtherExpendituresAmt |
| Administrative Expenses | $923,490 | AdministrativeExpensesAmt |
| End Year Balance | $65,982,739 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,973,611 | BeginningYearBalanceAmt |
| Contributions | $3,042,581 | ContributionsAmt |
| Investment Earnings Or Losses | $2,020,436 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,275,431 | OtherExpendituresAmt |
| Administrative Expenses | $1,096,817 | AdministrativeExpensesAmt |
| End Year Balance | $51,664,380 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,636,048 | OtherCostOrOtherBasisAmt |
| Book Value | $3,636,048 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,838 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,490 | DepreciationAmt |
| Book Value | $1,348 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,637,396 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK TRUSTS - REGIONS | Desc |
| Book Value | $98,120,501 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $98,120,501 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ENDOWED FUNDS HELD AS AGENT OF STATE | $42,977,803 |
| FUNDS HELD FOR OTHERS | $887,853 |
| GIFT ANNUITY LIABILITY | $575,539 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $44,441,195 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $12,650,871 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $12,650,871 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $12,650,871 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,545,804 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $4,545,804 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $4,545,804 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 2, PART V, LINE 4 | FormAndLineReferenceDesc |
| Explanation | THE ENDOWMENT FUNDS WERE ESTABLISHED TO SUPPORT SCHOLARSHIPS AND PROGRAMS AT THE UNIVERSITY OF LOUISIANA AT MONROE. CONTRIBUTIONS ARE SUBJECT TO DONOR RESTRICTIONS THAT STIPULATE THE ORIGINAL GIFT IS TO BE HELD AND INVESTED BY THE FOUNDATION INDEFINITELY. THE EARNINGS OF THE ENDOWMENT FUNDS ARE USED TO FUND SCHOLARSHIPS FOR THE UNIVERSITY OF LOUISIANA AT MONROE, TO FUND ENDOWED CHAIRS AND ENDOWED PROFESSORSHIPS AND TO FUND STAFF DEVELOPMENT AND RESEARCH FOR DEPARTMENTS THROUGHOUT THE UNIVERSITY OF LOUISIANA AT MONROE. AT JUNE 30, 2023, 38,257,472 OF THE ENDOWMENT FUNDS WERE HELD AS AGENT OF THE UNIVERSITY OF LOUISIANA AT MONROE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS TO STUDENTS | GrantTypeTxt |
| Cash Grant | $1,113,613 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY DEPARTMENTS/UNIVERSITY SCHOLARSHIPS COMMITTEE UTILIIZE PREDETERMINED CRITERIA TO SELECT A POOL OF STUDENTS FOR CONSIDERATION FOR SCHOLARSHIPS. THE DEPARTMENTS THEN AWARD RECIPIENTS FROM THIS POOL. THE ULM FOUNDATION DOES NOT PARTICIPATE IN THIS SELECTION PROCESS. THE ULM FOUNDATION NOTIFIES THE UNIVERSITY OF THE TOTAL DOLLARS AVAILABLE FOR SCHOLARSHIPS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $59,880 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PAGE 2, PART II | FormAndLineReferenceDesc |
| Explanation | THE ULM FOUNDATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION'S PURPOSE IS TO SOLICIT, RECEIVE AND ADMINISTER PRIVATE GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF LOUISIANA AT MONROE, ITS FACULTY AND ITS STUDENTS AND TO SUPPORT THE ADVANCEMENT OF THE UNIVERSITY BY ACQUIRING IMMOVABLE PROPERTY FOR FUTURE ACQUISITION BY THE UNIVERSITY OF LOUISIANA AT MONROE. |
| FORM 990, PAGE 2, PART III, LINE 4D | NONE |
| FORM 990, PART VI | THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION DOES NOT HAVE A WHISTLEBLOWER POLICY OR A DOCUMENT DESTRUCTION/RETENTION POLICY. HOWEVER THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION IS INCLUDED UNDER THE UNIVERSITY OF LOUISIANA AT MONROE'S POLICIES. EMPLOYEES OF THE UNIVERSITY OF LOUISIANA AT MONROE PROVIDE SERVICES FOR THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION. THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION REIMBURSES THE UNIVERSITY OF LOUISIANA AT MONROE FOR THESE SERVICES. |
| FORM 990, PAGE 6, PART VI, LINE 6 | VOTING MEMBERS OF THE FOUNDATION ARE PERSONS WHO CONRIBUTED 100 OR MORE TO THE FOUNDATION DURING THE CALENDAR YEAR PRECEDING THE ANNUAL MEETING OF THE MEMBERSHIP. EACH MEMBER HAS ONE VOTE. |
| FORM 990, PAGE 6, PART VI, LINE 7A | TRUSTEES ARE ELECTED BY VOTING MEMBERS OF THE FOUNDATION FOR A THREE YEAR PERIOD STARTING JANUARY 1 OF EACH YEAR. |
| FORM 990, PAGE 6, PART VI, LINE 7B | THE MEMBERS VOTE ON CERTAIN DECISIONS MADE THAT HAVE A MAJOR IMPACT TO THE ORGANIZATION. THE MOTION, SECOND AND APPROVAL IS RECORDED IN THE MINUTES OF THE MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 11B | BECAUSE THE COMPLETION OF THE THE FORM 990 DOES NOT COINCIDE WITH THE MEETING OF THE BOARD OF TRUSTEES, THE FORM IS NOT REVIEWED BY THE BOARD. THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER OF THE UNIVERSITY OF LOUISIANA AT MONROE, BY THE PRESIDENT OF THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION AND BY THE EXECUTIVE DIRECTOR OF THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION. THE FORM 990 IS SIGNED BY THE EXECUTIVE DIRECTOR OF THE UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ULM FOUNDATION ANNUALLY OBTAINS AND CONFIRMS A SIGNED CONFLICT OF INTEREST STATEMENT NOTING ANY ACTIVITY THAT COULD HAVE A CONFLICT. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ULM FOUNDATION DOES NOT DISCLOSE FINANCIAL STATEMENTS, THE CONFLICT OF INTEREST POLICY OR GOVERNING DOCUMENTS TO THE GENERAL PUBLIC. ULM FOUNDATION HAS DISCLOSED SOME OF THE DOCUMENTS TO ORGANIZATIONS FROM WHOM THEY ARE REQUESTING SUBSTANTIAL FUNDING. COPIES OF THE AUDITED FINANCIAL STATEMENTS ARE FURNISHED TO THE UNIVERSITY OF LOUISIANA AT MONROE AND TO THE LOUISIANA LEGISLATIVE AUDITOR. |
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