2018-05-14T13:35:51-05:00 2017-06-30 540565834 MITCHELL WIGGINS & COMPANY LLP 1802 BAYBERRY COURT SUITE 300 RICHMOND VA 23226 990 2016-07-01 540757884 VIRGINIA COMMONWEALTH UNIVERSITY FOUNDATION VIRG 8048289292 PO BOX 843075 RICHMOND VA 232843075 TIMOTHY A GRAF TREASURER 8048289292 2018-05-08 1 M JAMES HARTSON JR CPA P00590214 8042826000 2016 2022-09-23 18:48:47Z THOMAS C BURKE PO BOX 843075 RICHMOND VA 232843075 53250820 0 X WWW.VCUF.ORG X 1917 VA TO SUPPORT THE EDUCATIONAL,SCIENTIFIC & CHARITABLE ACTIVITIES OF VCU. 20 20 0 0 0 0 14627264 13450702 0 0 661529 1074743 712865 705695 16001658 15231140 15908527 25178368 0 0 0 0 0 0 70096 1088344 1057529 16996871 26235897 -995213 -11004757 120425358 113846633 36421251 38165797 84004107 75680836 TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VIRGINIA COMMONWEALTH UNIVERSITY AND RELATED ORGANIZATIONS. 0 0 25871340 25178368 705695 TO SUPPORT VIRGINIA COMMONWEALTH UNIVERSITY AND RELATED ORGANIZATIONS THROUGH THE MANAGEMENT OF INVESTED FUNDS AND THE ADMINISTRATION OF ACCOUNTS. 25871340 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X X ORGANIZATION 8048289292 700 WEST GRACE STREET RICHMOND VA 23284 X JOE NADDER TRUSTEE 1.00 X 0 0 0 MADISON WOOTTEN TRUSTEE 1.00 X 0 0 0 WILLIAM M GINTHER EX-OFFICO TRUSTEE 1.00 X 0 0 0 JOHN GRIER TRUSTEE 1.00 X 0 0 0 JOHN JACOBY TRUSTEE 1.00 X 0 0 0 CAROL MCCOY PRESIDENT 1.00 X X 0 0 0 KEVIN NICHOLSON TRUSTEE 1.00 X 0 0 0 HATTIE HAMLIN TRUSTEE 1.00 X 0 0 0 CATHY SAUNDERS TRUSTEE 1.00 X 0 0 0 NEIL AMIN TRUSTEE 1.00 X 0 0 0 THOMAS BENEDETTI TRUSTEE 1.00 X 0 0 0 JOHN FAIN TRUSTEE 1.00 X 0 0 0 DR ROBERT MARCHANT TRUSTEE 1.00 X 0 0 0 DR GAIL MOSKOWTIZ TRUSTEE 1.00 X 0 0 0 BRADFORD W WELLES TRUSTEE 1.00 X 0 0 0 DR MICHAEL RAO EX-OFFICO TRUSTEE 1.00 X 0 0 0 MARK D HANSAN TRUSTEE 1.00 X 0 0 0 ELIZABETH A MASON TRUSTEE 1.00 X 0 0 0 PATRICIA WILKERSON VICE PRESIDENT 1.00 X X 0 0 0 TRACY KEMP STALLINGS TRUSTEE 1.00 X 0 0 0 COLLETTE MCEACHIN EX-OFFICO TRUSTEE 1.00 X 0 0 0 TIMOTHY GRAF TREASURER 3.00 X 0 0 0 THOMAS C BURKE SECRETARY 40.00 X 0 0 0 0 0 0 0 0 0 0 0 13450702 430625 13450702 203845 203845 38890578 38019680 870898 870898 870898 ADMINISTRATIVE FEES 900099 680000 680000 OTHER REVENUE 900099 25695 25695 705695 15231140 705695 0 1074743 25178368 25178368 282325 30041 182188 70096 30900 30900 22300 22300 568259 568259 BAD DEBTS 94672 94672 MISCELLANEOUS 59073 59073 26235897 25871340 294461 70096 28162643 19651650 14917835 12690870 16890 16890 0 0 55931647 3198599 20143268 77122390 1269965 1183124 120425358 113846633 1293331 1449257 35127920 36716540 36421251 38165797 X 2792426 2945333 53335847 43922225 27875834 28813278 84004107 75680836 120425358 113846633 X -11004757 2767550 -86064 X X 0 1 X 1 0 X 22255318 17864532 15163540 14627264 13450702 83361356 22255318 17864532 15163540 14627264 13450702 83361356 5258106 78103250 714691 791525 805300 969505 203845 3484866 535191 1426561 726003 712865 705695 4106315 90952537 0.85870 0.85610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 38652155 981810 2845271 1303042 41176194 38339686 2267596 -539116 1416011 38652155 36527990 2273294 991871 1453469 38339686 33126132 1861403 3997328 2456873 36527990 30639951 1035421 3388091 1937331 33126132 0.69980 0.30020 0 0 16890 16890 0 0 ALTERNATIVE INVESTMENT - RELATIVE VALUE 95166 F ALTERNATIVE INVESTMENT - EVENT DRIVEN/MERGER ARBITRAGE 66373 F ALTERNATIVE INVESTMENT - DIVERSIFIED STRATEGIES 479273 F ALTERNATIVE INVESTMENT - REAL ESATE 3191145 F THE RAM FUND, LP 71049126 F THE RAM PRIVATE ASSETS FUND, LP 2241307 F 77122390 LIFE ANNUITIES 383906 DEPOSITS HELD FOR VCU 26865382 DEPOSITS HELD FOR VCU INTELLECTUAL PROPERTY FOUNDATION 1087812 DEPOSITS HELD FOR VCU ALUMNI ASSOCIATION 799122 DEPOSITS HELD FOR VCU REAL ESTATE FOUNDATION 7580318 36716540 X 17430431 2767550 2767550 14662881 568259 568259 15231140 25667638 0 25667638 568259 568259 26235897 PART V, LINE 4: THE VARIOUS ENDOWMENTS WERE ESTABLISHED TO SUPPORT THE FOUNDATION AND ITS MISSION. PART X, LINE 2: THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AT JUNE 30, 2017. THE FOUNDATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES, IF APPLICABLE. THE FOUNDATION DID NOT INCUR ANY PENALTIES OR INTEREST EXPENSE FOR THE YEAR ENDED JUNE 30, 2017. 1 VIRGINIA COMMONWEALTH UNIVERSITY 912 W FRANKLIN POST OFFICE BOX 843035 RICHMOND VA 232843035 546001758 115 25178368 THE FOUNDATION EXISTS SOLELY TO ASSIST, SUPPORT, AND FOSTER VIRGINIA COMMONWEALTH UNIVERSITY IN ALL PROPER WAYS THAT MAY FROM TIME TO TIME BE APPROVED BY THE TRUSTEES OF THE FOUNDATION WITH THE GUIDANCE OF THE UNIVERSITY. THE FOUNDATION MANAGES AND DISTRIBUTES CURRENT AND ENDOWMENT GIFTS FOR ALL SCHOOLS, DEPARTMENTS, AND PROGRAMS THROUGHOUT THE UNIVERSITY WITH MAJOR EMPHASIS ON PROGRAMS FOR THE MONROE PARK CAMPUS. 1 X 40 430625 QUOTED MARKET VALUES 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES ITS INVESTMENT CUSTODIAN TO SELL GIFTS OF SECURITIES, AND CONTRACTS WITH OTHER VENDORS AS NEEDED TO SELL OTHER NONCASH GIFTS. PART I, LINE 33: THE ORGANIZATION RECEIVED NONCASH GIFTS OF INVESTMENT SECURITIES IN THE AMOUNT OF $649,361 THAT WERE PLEDGE PAYMENTS ON PLEDGES RECORDED AS REVENUE IN PREVIOUS YEARS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DISTRIBUTES A COPY OF THE FORM 990 TO ALL MEMBERS OF THE AUDIT COMMITTEE AND MAKES IT AVAILABLE FOR ALL OTHER BOARD MEMBERS PRIOR TO THE FORM BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES OFFICERS, DIRECTORS AND KEY EMPLOYEES, ON AN ANNUAL BASIS, TO SIGN A CONFLICT OF INTEREST STATEMENT AND TO DISCLOSE THE EXISTENCE OF ANY CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION POSTS ITS CURRENT AUDITED FINANCIAL STATEMENTS AND FORM 990 ON ITS WEB SITE, EACH YEAR. IN ADDITION, COPIES OF THE AUDITED FINANCIAL STATEMENTS ARE SENT ELECTRONICALLY TO ALL DIRECTORS. IT IS THE POLICY OF THE ORGANIZATION TO MAKE AVAILABLE COPIES OF FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFICT OF INTEREST INFORMATION AND OTHER DOCUMENTS TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ANNUITY AGREEMENTS -78,563. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS -6,346. TRANSFERS TO VIRGINIA COMMONWEALTH UNIVERSTIY AFFILIATED FOUNDATIONS -1,155. FORM 990 PART XII - LINE 2(C) THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.