2017-11-09T11:40:57-06:00 2017-06-30 461497033 EKS&H LLLP 8181 E TUFTS AVENUE SUITE 600 DENVER CO 802372579 990 2016-07-01 846049811 UNIVERSITY OF COLORADO FOUNDATION UNIV 3038137935 1800 GRANT STREET SUITE 725 DENVER CO 80203 JACK FINLAW PRESIDENT & CEO 3038137935 2017-11-08 1 DORI J EGGETT P00645252 3037409400 208.42.238.132 2017-11-09 11:40:21 MS P 122109F3A0CE9141E65EE033649E3CEF6DFAEDEE 818C24E8AB5D46B07E5706C99E897C7D00094BC7 2016 2018-03-14 21:41:22Z JACK FINLAW 1800 GRANT STREET SUITE 725 DENVER CO 80203 255074240 0 X WWW.CUFUND.ORG X 1967 CO TO RECEIVE, MANAGE, AND INVEST PRIVATE SUPPORT FOR THE BENEFIT OF THE UNIVERSITY OF COLORADO. 18 17 30 116 3195679 0 177687517 186602657 3322218 3514849 43872412 59879339 3230482 5077395 228112629 255074240 106214039 139450916 0 0 2466072 2670500 1045211 1242536 20749000 33047849 34287446 142773171 177651398 85339458 77422842 1643660283 1890930203 371732448 435017313 1271927835 1455912890 X TO RECEIVE, MANAGE, AND INVEST PRIVATE SUPPORT FOR THE BENEFIT OF THE UNIVERSITY OF COLORADO. 0 0 139450916 139450916 3514849 SEE SCHEDULE O.UNIVERSITY OF COLORADO FOUNDATION'S CHARITABLE MISSION IS TO RECEIVE AND MANAGE PRIVATE GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF COLORADO. IN ACCORDANCE WITH THIS MISSION, THE FOUNDATION RECEIPTED $186,602,657 IN DIRECT PUBLIC SUPPORT OF THE UNIVERSITY FOR THE FISCAL YEAR ENDED JUNE 30, 2017. IN ADDITION, AS OF JUNE 30, 2017, THE FOUNDATION INVESTED, ACCOUNTED FOR, AND MANAGED $1,455,912,890 IN NET ASSETS FOR THE BENEFIT OF THE UNIVERSITY. THE FOUNDATION DIRECTLY APPLIED AND DISTRIBUTED MONIES TO THE UNIVERSITY OF COLORADO IN THE AMOUNT OF $139,355,387. THESE APPLIED AND DISTRIBUTED MONIES WERE USED BY THE UNIVERSITY TO PROVIDE SCHOLARSHIPS, FELLOWSHIPS, FUND LECTURESHIPS AND PROFESSORSHIPS, CONSTRUCT FACILITIES, PURCHASE EQUIPMENT, PROVIDE LOANS, PURCHASE EDUCATIONAL AND RESEARCH MATERIALS AND TO FUND A MYRIAD OF OTHER PROJECTS AND ITEMS TO HELP THE UNIVERSITY PROVIDE EDUCATION TO THE GENERAL PUBLIC. 139450916 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 0 1 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 26 0 1 30 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AR CA CO CT DC GA KY LA ME MD MA MI MN MS MO NH NJ NY OH OK OR SC TN UT VA WA WV WI X X MIKE PRITCHARD 3038137905 1800 GRANT STREET SUITE 725 DENVER CO 80203 BARRY AMMAN DIRECTOR 1.00 X 0 0 0 BRETT NICHOLAS DIRECTOR 1.00 X 0 0 0 DAVID C BAKER DIRECTOR 1.00 X 0 0 0 DAWN F WOOD DIRECTOR 1.00 X 0 0 0 EDWARD A OSBORNE DIRECTOR 1.00 X 0 0 0 ERIC KRAMER DIRECTOR 1.00 X 0 0 0 FREDRICK J BRADFORD DIRECTOR 1.00 X 0 0 0 JACK FINLAW PRESIDENT & CEO 40.00 X X 316315 0 32472 JAMES CT LINFIELD DIRECTOR 1.00 X 0 0 0 JAMES L GALLOGLY DIRECTOR 1.00 X 0 0 0 JEREMY MAY DIRECTOR 1.00 X 0 0 0 KEVIN REIDY DIRECTOR 1.00 X 0 0 0 MARCIA PRYDE DIRECTOR 1.00 X 0 0 0 MARGARET M BATHGATE DIRECTOR 1.00 X 0 0 0 MARY SISSEL DIRECTOR 1.00 X 0 0 0 MICHAEL F IMHOFF DIRECTOR 1.00 X 0 0 0 NAN JOESTEN DIRECTOR 1.00 X 0 0 0 STEPHEN B HANSEN DIRECTOR 1.00 X 0 0 0 A KELLER YOUNG ESQ VP & GENERAL COUNSEL 40.00 X 212860 0 34888 MIKE PRITCHARD VP & CFO 40.00 X 194278 0 34037 SCOTT DUNN CONTROLLER 40.00 X 112062 0 24384 835515 0 125781 4 0 1 0 PERELLA WEINBERG PARTNERS 7979 E TUFTS AVENUE DENVER CO 80237 INVESTMENT MANAGER 2809446 RUFFALO NOEL LEVITZ 65 KIRKWOOD N ROAD SW CEDAR RAPIDS IA 52406 CALL CENTER SERVICES 1197300 CHARLESBANK CAPITAL PARTNERS 200 CLARENDON STREET 54TH FLOOR BOSTON MA 02116 INVESTMENT MANAGER 774374 HIGHCLERE INTERNATIONAL INVESTORS 2 MANCHESTER SQUARE LONDON UK W1U3PA INVESTMENT MANAGER 663098 EAGLE CAPITAL MANAGEMENT 499 PARK AVENUE NEW YORK NY 10022 INVESTMENT MANAGER 647310 33 186602657 20996056 186602657 ADVNCMNT FEE CUSTODIAL 611710 3514849 3514849 3514849 18633645 18633645 226 226 41245694 0 41245694 41245694 41245694 UBIT REVENUE 523000 3195679 3195679 CUSTODIAL CONVERSION T 900099 1617691 1617691 OTHER REVENUE 611710 159892 45289 114603 103907 103907 5077169 255074240 5281736 3195679 59994168 X 139450916 139450916 961296 961296 1312026 1312026 73108 73108 185860 185860 138210 138210 38376 38376 127183 127183 1242536 1242536 13064810 13064810 19670637 164173 19506464 20729 20729 323770 323770 531445 531445 213002 213002 20612 20612 102457 102457 105241 105241 PROFESSIONAL DEVELOPMEN 27559 27559 DUES/MEMBERSHIPS/SUBSCR 21056 21056 MISCELLANEOUS OPERATING 19375 19375 RECRUITING FEES 1194 1194 177651398 139450916 17451482 20749000 34693189 26012951 111534173 122928061 23636 13859 5424157 3841530 433695 1582627 877272162 1034567766 574217953 654532584 45485475 51292355 1643660283 1890930203 9290042 13775489 1146605 342046229 395462888 20396177 24632331 371732448 435017313 X 55439117 61480250 721411971 847611075 495076747 546821565 1271927835 1455912890 1643660283 1890930203 X 77422842 110325065 -3762852 X 0 1 X 1 0 X 127619327 148897892 131859347 177687517 186602657 772666740 127619327 148897892 131859347 177687517 186602657 772666740 72697979 699968761 15512209 15127073 18202539 18255408 18633871 85731100 505135 529005 60641 127121 1881490 3103392 861501232 20668071 0.81250 0.84540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 143837588 143837588 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 0 1 X 887168625 47675646 133524568 48233445 1020135394 905881734 48957151 -23675978 43994282 887168625 893963354 40489450 32222904 60793974 905881734 747137724 40546478 141477696 35198544 893963354 649980421 45631282 86385196 34859175 747137724 0.01710 0.49060 0.49230 1 0 32078 32078 1878300 545065 1333235 379063 276058 103005 2790990 2706905 84085 343726 313502 30224 1582627 PRIVATE EQUITY 283742126 F LONG/SHORT HEDGE FUNDS 23789292 F ABSOLUTE RETURNS FUNDS 176028610 F VENTURE CAPITAL 67476549 F COMMODITIES 30423740 F REAL ESTATE 72070370 F OTHER 1001897 F 654532584 FUNDS HELD IN TRUST FOR OTHERS 2114705 LIABILITIES UNDER SPLIT INTEREST 22517626 24632331 X 348571643 110325065 -567173 109757892 238813751 13064810 3195679 16260489 255074240 164586588 0 164586588 13064810 13064810 177651398 PART IV, LINE 2B: THE FOUNDATION HOLDS AND INVESTS CERTAIN ENDOWMENT AND OTHER FUNDS IN A LONG TERM INVESTMENT POOL ON BEHALF OF THE UNIVERSITY OF COLORADO. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS INCLUDE DONOR RESTRICTED PURE AND QUASI-ENDOWMENT FUNDS, AND BOARD-DESIGNATED ENDOWMENT FUNDS. THESE ENDOWMENTS ARE MANAGED IN ACCORDANCE WITH THE FOUNDATION BOARD APPROVED INVESTMENT POLICY AND SPENDING POLICY, AND DISTRIBUTIONS FROM THESE ENDOWMENTS ARE MADE IN ACCORDANCE WITH SUCH POLICY AND ARE AVAILABLE TO THE UNIVERSITY OF COLORADO TO SUPPORT ITS PROGRAMS AND OPERATIONS, IN ACCORDANCE WITH THE APPLICABLE DONORS' RESTRICTIONS. PART X, LINE 2: THE FOUNDATION APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE CONSOLIDATED FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF JUNE 30, 2017 OR 2016. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED AS GENERAL AND ADMINISTRATIVE EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF JUNE 30, 2017 OR 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -567,173. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNRELATED BUSINESS INCOME 3,195,679. EAST ASIA AND THE PACIFIC - INVESTMENTS 1645581 CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS 314594944 WESTERN EUROPE - INVESTMENTS 22171235 NORTH AMERICA INVESTMENTS 1643075 0 0 0 0 0 0 340054835 0 340054835 1 0 1 0 1 0 X X X X X 1 RUFFALO NOEL LEVITZ 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 OPER/MANAGE CALL CENTER 0 1025924 1242536 -216612 1025924 1242536 -216612 AK AR CA CO CT DC GA HI IL KY LA ME MD MA MI MN MS MO NH NJ NY OH OK OR SC TN UT VA WA WI WV NC AL FL SCHEDULE G, PART I, LINE 2B 100% OF GROSS RECEIPTS FROM ACTIVITY, OR COLUMN IV, ARE TRANSFERRED TO THE UNIVERSITY AS PHILANTHROPIC SUPPORT. THE AMOUNT PAID TO RUFFALO NOEL LEVITZ IN COLUMN V IS AN EXPENSE PAID TO HELP GROW THE NUMBER OF DONORS TO THE UNIVERSITY. 1 UNIVERSITY OF COLORADO 1800 GRANT ST SUITE 800 DENVER CO 80203 846000555 501(C)(3) 139355387 BOOK SEE PART IV PIKES PEAK COMMUNITY COLLEGE FOUNDATION 5675 S ACADEMY BLVD C11 COLORADO SPRINGS CO 80906 742182257 501(C)(3) 85529 BOOK SCHOLARSHIPS 2 PART I, LINE 2: THE USE OF GRANTS MADE BY THE UNIVERSITY OF COLORADO FOUNDATION ARE MONITORED BY THE UNIVERSITY OF COLORADO. PART II, LINE 1: UNIVERSITY OF COLORADO - GRANTS PAID GIFTS AND INCOME DISTRIBUTED TO THE UNIVERSITY OF COLORADO WERE APPLIED AS FOLLOWS: ACADEMICS - $45,164,814 ATHLETICS - $4,802,713 CAPITAL PROJECTS - $23,449,111 PROFESSORSHIP CHAIRS - $14,722,198 PUBLIC SERVICE, ADMINISTRATION, LIBRARY - $9,682,233 RESEARCH - $21,560,788 SCHOLARSHIPS & FINANCIAL AID - $19,973,530 1 X X X 0 0 0 0 0 0 0 0 0 JACK FINLAW PRESIDENT & CEO 301491 0 10000 0 4824 0 15900 0 16572 0 348787 0 0 0 A KELLER YOUNG ESQ VP & GENERAL COUNSEL 200365 0 10000 0 2495 0 13200 0 21688 0 247748 0 0 0 MIKE PRITCHARD VP & CFO 182487 0 10000 0 1791 0 11881 0 22156 0 228315 0 0 0 X 404 16328456 AVG HIGH/LOW PRICE X 4 4667600 APPRAISALS 0 1 1 PART I, LINE 32B: THE FOUNDATION MAINTAINS ACCOUNTS AT UBS, KASPICK, CHARLES SCHWAB, WELLS FARGO, AND BANK OF NEW YORK MELLON FROM WHICH SECURITIES ARE RECEIVED AND SOLD. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S INDEPENDENT ACCOUNTING FIRM WILL REVIEW THE 990 WITH THE AUDIT COMMITTEE. THE AUDIT COMMITTEE CHAIR WILL PROVIDE A SUMMARY OF THIS REVIEW TO THE FULL BOARD ALONG WITH A COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED TO OFFICERS, DIRECTORS AND COMMITTEE MEMBERS. EACH RECIPIENT IS ASKED TO COMPLETE A DISCLOSURE DOCUMENT. THESE DOCUMENTS ARE COLLECTED AND THE INFORMATION COMPILED IN THE FOUNDATION'S LEGAL DEPARTMENT. WHEN THE FOUNDATION IS CONSIDERING ENTERING INTO MAJOR TRANSACTIONS AND/OR CONTRACTS WITH OUTSIDE PARTIES, POTENTIAL CONFLICTS OF INTEREST ARE RESEARCHED. IF THERE IS AN IDENTIFIED CONFLICT, THE FOUNDATION DOCUMENTS SUCH AND RESOLVES THE ISSUE BASED ON THE POLICY REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY OF COLORADO FOUNDATION HAS A COMPENSATION COMMITTEE OF FOUR DIRECTORS. BASED ON MARKET DATA AND PERFORMANCE, RECOMMENDATIONS, SALARY ADJUSTMENTS FOR OFFICERS, INCLUDING THE CEO, ARE REVIEWED. DELIBERATION AND CONCLUSION OF THE COMPENSATION DISCUSSION IS DOCUMENTED IN THE MINUTES MAINTAINED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. AUDITED FINANCIALS ARE ALSO AVAILABLE ON THE CUF WEBSITE WWW.CUFUND.ORG. FORM 990, PART IX, LINE 11G CU SUPPORT FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 164,173. FUNDRAISING EXPENSES 19,506,464. TOTAL EXPENSES 19,670,637. FORM 990 PART IX LINE 25 THE UNIVERSITY OF COLORADO RAISED A TOTAL OF $386.3 MILLION IN PRIVATE SUPPORT IN FY17. THE TOTAL BUDGET FOR ALL OF CU ADVANCEMENT WAS $37.4 MILLION IN FY17, WITH $20.7 MILLION FUNDED BY THE CU FOUNDATION AND $16.7 MILLION FUNDED BY THE UNIVERSITY. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -567,173. UNRELATED BUSINESS (INCOME)/LOSS -3,195,679. OTHER CHANGES IN NET ASSETS CU FOUNDATION HOLDINGS INC 1800 GRANT STREET SUITE 725 DENVER CO 80203 311608076 REAL ESTATE CO 501(C)(3) 509(A)(3) CU FOUNDATION 1 THE UNIVERSITY OF COLORADO UK FOUNDATION LIMITED 1800 GRANT STREET SUITE 725 DENVER UK 80203 REAL ESTATE CO 501(C)(3) 509(A)(3) CU FOUNDATION 1 CHARITABLE REMAINDER TRUSTS (84) CRAT/CRUT CO CUF T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0