2025-11-12T14:43:14-06:00 2024-12-31 540618213 HANTZMON WIEBEL LLP PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2024-01-01 311685355 THE IVY FOUNDATION IVYF 4344090623 120 GARRETT STREET SUITE 304 CHARLOTTESVILLE VA 22902 KARI EVANS EXECUTIVE DIRECTOR 4344090623 2025-11-11 1 0 TRAVIS W SIMPSON P00481332 4342962156 2024 2025-03-06 01:10:19Z X KARI EVANS 120 GARRETT STREET SUITE 304 CHARLOTTESVILLE VA 22902 621270 0 X N/A X 1999 VA THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF VIRGINIA BY PROVIDING FINANCIAL SUPPORT FOR SCIENTIFIC RESEARCH AT THE UNIVERSITY'S HEALTH SCIENCES CENTER, SCHOOL OF ENGINEERING AND APPLIED SCIENCES, AND COLLEGE OF ARTS AND SCIENCES. 7 4 1 0 0 0 0 0 0 0 54330 183953 0 0 54330 183953 0 100000 0 0 118115 119240 0 0 0 30221 23130 148336 242370 -94006 -58417 1384405 1370976 2812 0 1381593 1370976 THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF VIRGINIA BY PROVIDING FINANCIAL SUPPORT FOR SCIENTIFIC RESEARCH AT THE UNIVERSITY'S HEALTH SCIENCES CENTER, SCHOOL OF ENGINEERING AND APPLIED SCIENCES, AND COLLEGE OF ARTS AND SCIENCES. 0 0 100000 100000 PROVIDE FINANCIAL SUPPORT AND PROGRAM SUPPORT FOR SCIENTIFIC RESEARCH AND BIOMEDICAL INNOVATION, AS WELL AS STUDENT MENTAL HEALTH AND FLOURISHING INITIATIVES AT THE UNIVERSITY OF VIRGINIA'S HEALTH SYSTEM AND COLLEGE OF ARTS AND SCIENCES. 100000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 9 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 4344090623 120 GARRETT STREET SUITE 304 CHARLOTTESVILLE VA 22902 ROBERT BATTLE MD CHAIRMAN & PRESIDENT 1.00 X X 1000 0 0 MARTHA BATTLE MD VICE PRESIDENT & TREASURER 1.00 X X 1000 0 0 ALDEN ENGLISH SECRETARY 1.00 X X 1000 0 0 DEAN GIANAKOS MD DIRECTOR 1.00 X 1000 0 0 MELINA KIBBE MD DIRECTOR 1.00 X 1000 0 0 MARCUS LEWIS MARTIN II DIRECTOR 1.00 X 1000 0 0 JOHN P DIMARCOMD DIRECTOR 1.00 X 1000 0 0 KARI EVANS EXECUTIVE DIRECTOR 40.00 X 104004 0 0 111004 0 0 1 0 0 0 0 32449 32449 588821 437317 151504 151504 151504 183953 0 0 183953 100000 100000 111004 111004 8236 8236 8391 8391 13951 13951 50 50 LICENSES AND TAXES 738 738 242370 100000 142370 0 6551 1384405 1364425 1384405 1370976 2812 0 2812 0 X 1381593 1370976 1381593 1370976 1384405 1370976 -58417 47800 0 X X 0 1 X 1 0 X X 1 UNIVERSITY OF VIRGINIA 546001796 6 1 100000 0 1 100000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 27715 151504 0 0 26615 32449 54330 183953 0 0 135440 128419 0 0 -81110 55534 1298675 1322128 34990 124768 0 0 1333665 1446896 0 0 0 1333665 1446896 20005 21703 1313660 1425193 45978 49882 0 0 45978 49882 -81110 -68944 45978 45978 0 45978 100000 0 0 0 0 0 100000 100000 45978 100.000000000000 45978 0 250000 2260000 300000 340000 0 3150000 0 45978 204022 2900000 100000 0 100000 0 0 3000000 2260000 300000 340000 0 100000 SCHEDULE A PAGE 7 PART 5 SECTION D LINE 8 THE "SIGNIFICANT VOICE" TEST: - THE FOUNDATION'S OFFICERS AND BOARD OF DIRECTORS MAINTAIN AN ONGOING DIALOGUE WITH THE UNIVERSITY OF VIRGINIA'S (THE "UNIVERSITY") LEADERSHIP. THE BOARD OF THE FOUNDATION IS NORMALLY COMPOSED OF SIX TO SEVEN MEMBERS. ONE DIRECTOR IS APPOINTED BY THE SUPPORTED ORGANIZATION (UVA). ONE BOARD MEMBER IS A RETIRED PHYSICIAN FORMERLY AFFILIATED WITH THE SUPPORTED ORGANIZATION. THERE IS ALSO ANOTHER BOARD MEMBER THAT IS A TRUSTEE OF THE UNIVERSITY OF VIRGINIA'S HEALTH FOUNDATION. THERE IS ALSO A BOARD MEMBER WHO WORKS FOR THE UNIVERSITY IN A MEDICAL RESEARCH CAPACITY. ADDITIONALLY, TWO BOARD MEMBERS ARE EMERITUS TRUSTEES. HAVING MULTIPLE BOARD MEMBERS WITH STRONG AFFILIATION WITH THE SUPPORTED ORGANIZATION PROVIDES FOR A "SIGNIFICANT VOICE" IN THE FOUNDATIONS ACTIVITIES. IN ADDITION, REPRESENTATIVES FROM THE UNIVERSITY ATTEND ALL FOUNDATION BOARD MEETINGS AND COMMUNICATE INFORMATION REGARDING VARIOUS NEEDS AND INITIATIVES OF THE UNIVERSITY. DUE TO THIS CLOSE WORKING RELATIONSHIP, THE UNIVERSITY HAS A SIGNIFICANT VOICE IN DIRECTING THE FOUNDATION'S INVESTMENT POLICIES, AND THE USE OF THE FOUNDATION'S INCOME AND ASSETS TO PROVIDE FUNDING TO THE UNIVERSITY OF VIRGINIA. SCHEDULE A PAGE 7 PART 5 SECTION D LINE 8 ATTENTIVENESS THIS FOUNDATION HAS A LONG HISTORY OF SUPPORTING THE UNIVERSITY OF VIRGINIA IN SUBSTANTIAL AND IMPORTANT WAYS SINCE ITS FORMATION. IN 2006, THE FOUNDATION MADE A $45,000,000 GRANT TO THE UNIVERSITY TO PROVIDE "LEAD GIFT" SUPPORT FOR THREE NEW FACILITIES. A CANCER CENTER, A CHILDREN'S HOSPITAL, AND THE UVA IVY TRANSLATIONAL RESEARCH BUILDING, HAVE BEEN ACQUIRED OR CONSTRUCTED AND PLACED IN SERVICE BY THE UNIVERSITY MEDICAL CENTER. THESE SIGNIFICANT PERMANENT FACILITIES WILL POSITIVELY IMPACT IN A MAJOR WAY THE UNIVERSITY'S PATIENT CARE AND RESEARCH EFFORTS FOR MANY YEARS TO COME. IN 2020, THE FOUNDATION MADE A GIFT OF $2,000,000 TO SUPPORT CRITICAL RESEARCH ADDRESSING COVID-19 DIAGNOSIS, TREATMENT, VARIOUS DEVELOPMENT, AND HEALTHCARE WORKER PROTECTION. IN 2020 AND 2022, THE FOUNDATION MADE GIFTS TOTALING $35,000 IN SUPPORT OF CARDIOLOGY PHYSICIANS LEADERSHIP DEVELOPMENT. IN 2021 AND 2022, THE FOUNDATION MADE GIFTS TOTALING $115,000 TO SUPPORT STUDENT MENTAL HEALTH FELLOWSHIPS AND RESEARCH THROUGH THE CONTEMPLATIVE SCIENCES CENTER IN THE COLLEGE OF ARTS AND SCIENCES. IN ADDITION TO THE THESE GIFTS, SINCE 2008, THE FOUNDATION HAS PROVIDED $200,000 TO $250,000 ANNUALLY TO UVA TO PROVIDE FUNDING FOR A NUMBER OF SMALL RESEARCH PROJECTS UNDERTAKEN BY UVA STAFF. THIS FUNDING ALLOWS FOR THE INITIAL FUNDING FOR MANY IMPORTANT PROJECTS, WHICH MAY LATER BE CANDIDATES FOR LARGER GRANTS FROM NIH OR OTHER SPONSORS. THE AVAILABILITY OF THIS TYPE OF GRANT IS LIMITED. ACCORDINGLY, THE FOUNDATION FULFILLS AN IMPORTANT NICHE FOR RESEARCH AT THE UNIVERSITY OF VIRGINIA. THE FOUNDATION DID NOT MAKE A FINANCIAL CONTRIBUTION TO UVA IN 2023 IN ORDER TO ALLOW THE INVESTMENT PRINCIPAL TO REGROW IN ORDER TO ENSURE THE LONGEVITY OF THE FOUNDATION AND ITS ABILITY TO CONTINUE SUPPORTING UVA IN THE FUTURE. GRANTS TO THE UNIVERSITY RESUMED IN 2024 AT $100,000 TOWARDS THE BIOMEDICAL RESEARCH INNOVATION FUND. THE SENIOR ASSOCIATE VICE PRESIDENT FOR HEALTH SYSTEM DEVELOPMENT AND EXECUTIVE DIRECTOR OF UVA HEALTH FOUNDATION REPORTS ON PROGRAMS TO THE FOUNDATION'S BOARD; SELECT GRANT RECIPIENTS ALSO PRESENT THEIR WORK. THE CONSISTENT AND ONGOING INVOLVEMENT OF HIGH LEVEL UVA LEADERSHIP IN THIS PROGRAM CLEARLY DEMONSTRATES THE IMPORTANCE OF THE FOUNDATION'S GRANTS TO RESEARCH EFFORTS AT THE UNIVERSITY. 0 X 217802 47800 -13951 33849 183953 0 183953 228419 0 228419 13951 13951 242370 PART X, LINE 2: THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES -13,951. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 13,951. 1 UNIVERSITY OF VIRGINIA MEDICAL RESEARCH-UVA 400 RAY C HUNT DRIVE CHARLOTTESVILLE VA 22904 546001796 501(C)(3) 100000 0 PROVIDE FINANCIAL SUPPORT & PROGRAM SUPPORT FOR SCIENTIFIC RESEARCH AT UVA'S HEALTH SCIENCES CENTER. 1 0 PART I, LINE 2: THE FOUNDATION GETS REPORTS AND FEEDBACK FROM GRANT RECIPIENTS ON HOW THE GRANTS WERE USED. THE UNIVERSITY OF VIRGINIA REPRESENTATIVES ATTEND AND REPORT AT BOARD MEETINGS. FORM 990, PART VI, SECTION A, LINE 2 DR. ROBERT BATTLE, OFFICER, AND DR. MARTHA BATTLE, OFFICER, ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO BOARD MEMBERS A REASONABLE PERIOD BEFORE FILING. FEEDBACK FROM BOARD MEMBERS IS ENCOURAGED. FORM 990, PART VI, SECTION B, LINE 12C PURSUANT TO THE FOUNDATION'S BY-LAWS, THE FOUNDATION ENFORCES AND MONITORS OFFICERS, DIRECTORS, AND EMPLOYEES' COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY IN TWO WAYS: 1. OFFICERS, DIRECTORS, AND EMPLOYEES SIGN THE "CONFLICT OF INTEREST ACKNOWLEDGEMENT AND DISCLOSURE FORM" ATTESTING TO THEIR AWARENESS OF THE POLICY AS WELL AS THE PRESENCE AND/OR ABSENCE OF CONFLICT OF INTEREST. 2. OFFICERS, DIRECTORS, AND EMPLOYEES OF THE FOUNDATION ARE REQUIRED TO FULLY DISCLOSE ALL CONFLICTS OF INTEREST PROMPTLY. FORM 990, PART VI, SECTION B, LINE 15A FORM 990, PART VI, SECT B, LINE 15: ALL BOARD MEMBERS WHO DO NOT HAVE ANY CONFLICTS OF INTEREST REVIEW AND APPROVE COMPENSATION IN ADVANCE OF ANY PAYMENTS FOR THE EXECUTIVE DIRECTOR. THE BOARD USES COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE BOARD SHALL MAINTAIN CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING BY WRITTEN OR ELECTRONIC RECORDS WITH RESPECT TO THE DATA UPON WHICH IT RELIES, HOW SUCH DATA WAS OBTAINED, ANY CONFLICTS OF INTEREST RELATING TO THE COMPENSATION ARRANGEMENTS, THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS, THE TERMS OF APPROVED COMPENSATION ARRANGEMENTS, AND THE DATE OF APPROVAL. THERE WAS NO CHANGE IN COMPENSATION IN 2024 FOR THE EXECUTIVE DIRECTOR OF THE FOUNDATION. THE FOUNDATION ALSO PAID SMALL STIPENDS TO DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION'S INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES THOSE DOCUMENTS IN THE SAME MANNER AS PUBLIC INSPECTION OF THE FORM 990. FORM 990, PART XI, QUESTION 2C: BOARD'S REVIEW OF AUDITED FINANCIALS THERE WERE NO CHANGES IN THE BOARD'S REVIEW PROCESS FROM THE PRIOR YEAR. UNIVERSITY OF VIRGINIA MEDICAL RESEARCH - UVA 400 RAY C HUNT DRIVE CHARLOTTESVILLE VA 22904 546001796 THE FOUNDATION PROVIDES GRANTS FOR SCIENTIFIC RESEARCH. VA 501(C)(3) LINE 6 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UNIVERSITY OF VIRGINIA MEDICAL RESEARCH - UVA B 100000 FMV