UNIVERSITY OF AKRON FOUNDATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF AKRON FOUNDATION (EIN 34-6575496)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-12-06
- IRS object ID
- 201713409349300536
- Schema version
- 2016v3.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-12-06T13:21:51-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 388 S MAIN STREET SUITE 403 | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44311 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 346575496 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNIVERSITY OF AKRON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 3309726388 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 443256220 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SARAH CHAPMAN | PersonNm |
| Person Title | ASSISTANT TREASURER | PersonTitleTxt |
| Phone | 3309726388 | PhoneNum |
| Signature | 2017-12-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LISA HILLING | PreparerPersonNm |
| PTIN | P01624111 | PTIN |
| Phone | 3303760100 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.137.57.251 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-12-06 | IPDt |
| IP Tm | 09:48:35 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | BE93E25C38FEC74E798C9E46523CCDB5AE6503B0 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | BA538626596D3EF442D575632A9DFA3536DD11CA | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KIMBERLY COLE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 443256220 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $77,592,582 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.UAKRON.EDU/TREASURER/UAF.DOT | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1966 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | TO MANAGE PROPERTY, INVESTMENTS AND CERTAIN EXPENDITURES FOR THE BENEFIT OF THE UNIVERSITY OF AKRON. | ActivityOrMissionDesc |
| Voting Members Governing Body | 46 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 43 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 400 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $55,821 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,295,639 | PYContributionsGrantsAmt |
| CY Contributions Grants | $15,817,430 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,193,218 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,591,934 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$49,064 | PYOtherRevenueAmt |
| CY Other Revenue | $810 | CYOtherRevenueAmt |
| PY Total Revenue | $22,439,793 | PYTotalRevenueAmt |
| CY Total Revenue | $20,410,174 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $11,999,910 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $14,826,779 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $249,469 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,799,936 | PYOtherExpensesAmt |
| CY Other Expenses | $5,695,309 | CYOtherExpensesAmt |
| PY Total Expenses | $16,799,846 | PYTotalExpensesAmt |
| CY Total Expenses | $20,522,088 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,639,947 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$111,914 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $190,699,435 | TotalAssetsBOYAmt |
| Total Assets EOY | $203,049,211 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,523,381 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,566,017 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $173,176,054 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $184,483,194 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE UNIVERSITY OF AKRON FOUNDATION (UAF) IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF AKRON (UA), INCLUDING BUT NOT LIMITED TO RECEIVING, HOLDING, INVESTING, AND ADMINISTERING PROPERTY FOR THE BENEFIT OF UA, AND BY (SEE SCHEDULE O)MAKING EXPENDITURES TO OR FOR THE BENEFIT OF UA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,801,231 | ExpenseAmt |
| Grant | $4,801,231 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | ACADEMIC SUPPORT: THE UNIVERSITY OF AKRON FOUNDATION PROVIDES MANY OPPORTUNITIES FOR STUDENTS AND FACULTY TO GROW AND EXCEL THROUGH ACADEMIC SUPPORT. DURING THE CURRENT FISCAL YEAR, THE FOUNDATION HAS HELPED FUND 11 FELLOWSHIPS, 12 LECTURESHIPS, 12 ACADEMIC CHAIRS, 8 PROFESSORSHIPS, OVER 50 COLLEGES AND DEPARTMENTS, 2 PRE-COLLEGE PROGRAMS, THE UNIVERSITY PRESS, 10 INTERNSHIPS, 2 CENTERS, THE HISTORY OF PSYCHOLOGY ARCHIVE, AND 4 INSTITUTES AT THE UNIVERSITY OF AKRON. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,762,176 | ExpenseAmt |
| Grant | $6,762,176 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | PHYSICAL IMPROVEMENTS: THE UNIVERSITY OF AKRON FOUNDATION CONTINUES TO SUPPORT THE UNIVERSITY OF AKRON'S CAMPUS ENHANCEMENT PROGRAM BY HELPING TO FUND PHYSICAL IMPROVEMENTS. DURING THE CURRENT FISCAL YEAR, THIS INCLUDED CONTINUING SUPPORT FOR A BUILDING FOR THE COLLEGE OF ENGINEERING, A FOOTBALL STADIUM, A SOCCER STADIUM, GREENSPACE, VETERANS LOUNGE AND BIOLOGY DEPARTMENT WETLANDS. ALSO IN FISCAL 2017, THE FOUNDATION PROVIDED SUPPORT FOR THE REPAIRS TO HOWER HOUSE, A HISTORIC MANSION OWNED BY THE UNIVERSITY OF AKRON. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,772,610 | ExpenseAmt |
| Grant | $2,772,610 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | STUDENT FINANCIAL AID: ONE OF THE FOUNDATION'S OBJECTIVES IS TO ASSIST THE UNIVERSITY OF AKRON WITH FUNDING FOR STUDENT FINANCIAL AID. IN FISCAL 2016-2017, THE FOUNDATION PROVIDED FUNDING FOR MORE THAN 450 SCHOLARSHIPS, GRANTS AND LOANS HOUSED WITHIN THE UNIVERSITY OF AKRON. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $490,762 | ExpenseAmt |
| Grant | $490,762 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | AUXILIARY PROGRAMS: THE UNIVERSITY OF AKRON FOUNDATION PROVIDED DONOR-DESIGNATED FINANCIAL ASSISTANCE TO THE ATHLETIC PROGRAM, THE PERFORMING ARTS HALL AT THE UNIVERSITY OF AKRON, AND HOWER HOUSE, A HISTORIC BUILDING OWNED BY THE UNIVERSITY OF AKRON. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $490,762 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $490,762 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $14,826,779 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 46 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 43 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SARAH CHAPMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3309726388 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 443256220 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (62 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| PHILIP A LLOYD | ||||||||
| DIRECTOR AND CHAIR | 1.40 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KATHLEEN A COLEMAN | ||||||||
| DIRECTOR AND VICE CHAIR | 1.70 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PAMELA S WILLIAMS | ||||||||
| DIRECTOR AND SECRETARY | 0.80 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN R ADAMS | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BENJAMIN G AMMONS | ||||||||
| DIRECTOR | 0.80 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL C ARNOLD | ||||||||
| DIRECTOR (THROUGH 10/30/16) | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GERALD R AUSTEN | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANK P BEVILACQUA | ||||||||
| DIRECTOR | 0.80 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN C BLICKLE | ||||||||
| DIRECTOR (THROUGH 10/30/16) | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN R BRUBAKER | ||||||||
| DIRECTOR (THROUGH 10/30/16) | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EILEEN E BURG | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CYNTHIA F CAPERS | ||||||||
| DIRECTOR | 0.40 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK T CLARK | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY LYNN CROWLEY | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES N CRUTCHFIELD | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DOROTHY CUMMINGS | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NICHOLAS A CUMMINGS | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE W DAVERIO JR | ||||||||
| DIRECTOR | 1.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHRYN W DINDO | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARGARET EMERSON ELIAS | ||||||||
| DIRECTOR (THROUGH 10/30/16) | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD T ELIOPOULOS | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE L FARRIS II | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM R FETH | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DENNIS H GARTMAN | ||||||||
| DIRECTOR | 0.40 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SAMIR G GIBARA | ||||||||
| DIRECTOR | 0.70 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN P HAUSER | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH C HETE | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| J MICHAEL HOCHSCHWENDER | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANCES M JAMES | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SOLOMON H JONES | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RAYMOND K LEE | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PHILIP H MAYNARD | ||||||||
| DIRECTOR (THROUGH 10/30/16) | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK R MITTEN | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| IRVIN J MUSSON III | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN E MYERS | ||||||||
| DIRECTOR | 0.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DIANNE R NEWMAN | ||||||||
| DIRECTOR | 0.40 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| VANITA OELSCHLAGER | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD W POGUE | ||||||||
| DIRECTOR | 0.40 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES M PULK | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LAWRENCE J RYBKA | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL J SAXON | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| REBECCA SLAYMAN-GALLAGHER | ||||||||
| DIRECTOR (THROUGH 10/30/16) | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANK C STEININGER | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CRAIG S TAYLOR | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RANDALL R THEKEN | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PHILIP S THOMPSON | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARLENE K TOOT | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LEILA L VESPOLI | ||||||||
| DIRECTOR | 0.10 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN S WAGSTAFF | ||||||||
| DIRECTOR (THROUGH 10/30/16) | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HENRY C YOUNG JR | ||||||||
| DIRECTOR | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROLAND H BAUER | ||||||||
| EX-OFFICIO DIRECTOR | 0.30 | 3.40 | Yes (X) | $0 | $0 | $0 | ||
| LAWRENCE BURNS | ||||||||
| EX-OFFICIO DIR (THROUGH 8/12/16) | 1.10 | 38.90 | Yes (X) | $0 | $201,413 | $31,541 | ||
| SCOTT L SCARBOROUGH | ||||||||
| EX-OFFICIO DIR (THROUGH 9/30/16) | 0.40 | 39.60 | Yes (X) | $0 | $169,639 | $84,007 | ||
| REX D RAMSIER | ||||||||
| EX-OFFICIO DIRECTOR | 0.40 | 39.60 | Yes (X) | $0 | $296,097 | $55,228 | ||
| MATTHEW J WILSON | ||||||||
| EX-OFFICIO DIRECTOR | 0.40 | 39.60 | Yes (X) | $0 | $181,206 | $32,160 | ||
| KIMBERLY M COLE | ||||||||
| EXECUTIVE DIRECTOR | 10.00 | 30.00 | Yes (X) | $0 | $143,772 | $28,148 | ||
| NATHAN J MORTIMER | ||||||||
| TREASURER | 4.00 | 36.00 | Yes (X) | $0 | $241,373 | $47,860 | ||
| SARAH M CHAPMAN | ||||||||
| ASSISTANT TREASURER | 39.00 | 1.00 | Yes (X) | $0 | $30,568 | $11,323 | ||
| KIMBERLY M WINTER | ||||||||
| ASST TREAS (THROUGH 7/16/16) | 39.00 | 1.00 | Yes (X) | $0 | $46,905 | $10,129 | ||
| BRIAN E DAVIS | ||||||||
| FMR ASST TREAS (THROUGH 8/1/15) | 0.00 | 40.00 | $0 | $118,196 | $42,756 | Yes (X) | ||
| LUIS PROENZA | ||||||||
| FMR EX-OFF DIR (THROUGH 6/30/14) | 0.00 | 40.00 | $0 | $351,476 | $20,818 | Yes (X) | ||
| WILLIAM M SHERMAN | ||||||||
| FMR EX-OFF DIR (THROUGH 1/1/16) | 0.40 | 39.60 | $0 | $250,208 | $69,752 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,030,853 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $433,722 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $79,881 | FederatedCampaignsAmt |
| Related Organizations | $88,025 | RelatedOrganizationsAmt |
| All Other Contributions | $15,649,524 | AllOtherContributionsAmt |
| Noncash Contributions | $370,808 | NoncashContributionsAmt |
| Total Contributions | $15,817,430 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,256,411 | TotalRevenueColumnAmt |
| Exclusion | $4,256,411 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,727 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,917 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $810 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $810 | TotalRevenueColumnAmt |
| Exclusion | $810 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $57,337,707 | SecuritiesAmt |
| Other | $175,307 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $56,160,506 | SecuritiesAmt |
| Other | $1,016,985 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,177,201 | SecuritiesAmt |
| Other | -$841,678 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $335,523 | TotalRevenueColumnAmt |
| Exclusion | $335,523 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,410,174 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,592,744 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,826,779 | TotalAmt |
| Program Services | $14,826,779 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,203,393 | TotalAmt |
| Management And General | $1,004,517 | ManagementAndGeneralAmt |
| Fundraising | $198,876 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,858 | TotalAmt |
| Management And General | $48,858 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,974 | TotalAmt |
| Management And General | $26,974 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,722,733 | TotalAmt |
| Management And General | $2,722,733 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,436 | TotalAmt |
| Management And General | $1,359 | ManagementAndGeneralAmt |
| Fundraising | $4,077 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,993 | TotalAmt |
| Management And General | $16,993 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90 | TotalAmt |
| Management And General | $90 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,164 | TotalAmt |
| Management And General | $7,164 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,695 | TotalAmt |
| Management And General | $64,695 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,004 | TotalAmt |
| Management And General | $15,004 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| PAYMENTS TO ANNUITANTS | $1,322,752 | $1,322,752 | |
| PROPERTY EXPENSES | $208,792 | $208,792 | |
| PUBLIC RELATIONS | $47,399 | $3,855 | $43,544 |
| MISCELLANEOUS EXPENSES | $5,026 | $2,054 | $2,972 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,522,088 | TotalAmt |
| Program Services | $14,826,779 | ProgramServicesAmt |
| Management And General | $5,445,840 | ManagementAndGeneralAmt |
| Fundraising | $249,469 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $587,651 | BOYAmt |
| EOY | $582,234 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,973,300 | BOYAmt |
| EOY | $6,433,785 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,395,412 | BOYAmt |
| EOY | $19,933,941 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $359,603 | BOYAmt |
| EOY | $205,396 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,904,714 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,967,898 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,157,242 | BOYAmt |
| EOY | $5,967,898 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,318,180 | BOYAmt |
| EOY | $39,268,613 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,519,667 | BOYAmt |
| EOY | $125,377,469 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $388,380 | BOYAmt |
| EOY | $375,161 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,699,435 | BOYAmt |
| EOY | $203,049,211 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $446,932 | BOYAmt |
| EOY | $959,163 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,900 | BOYAmt |
| EOY | $91,453 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,627 | BOYAmt |
| EOY | $28,500 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,861,000 | BOYAmt |
| EOY | $4,784,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,094,922 | BOYAmt |
| EOY | $12,702,901 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,523,381 | BOYAmt |
| EOY | $18,566,017 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,721,575 | BOYAmt |
| EOY | $9,701,635 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,787,759 | BOYAmt |
| EOY | $58,527,001 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,666,720 | BOYAmt |
| EOY | $116,254,558 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,176,054 | BOYAmt |
| EOY | $184,483,194 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,699,435 | BOYAmt |
| EOY | $203,049,211 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$111,914 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $11,419,054 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | 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 | $11,551,730 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,291,540 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,536,595 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,295,639 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,817,430 | CurrentTaxYearAmt |
| Total | $68,492,934 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,551,730 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,291,540 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,536,595 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,295,639 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,817,430 | CurrentTaxYearAmt |
| Total | $68,492,934 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $6,229,086 | SubstantialContributorsTotAmt |
| Public Support Total170 | $62,263,848 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,756,501 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,518,714 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,851,037 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,368,238 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,256,411 | CurrentTaxYearAmt |
| Total | $22,750,901 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $2,407 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year | $56,821 | CurrentTaxYearAmt |
| Total | $59,228 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $91,303,063 | TotalSupportAmt |
| Public Support CY170 | 0.68190 | PublicSupportCY170Pct |
| Public Support PY170 | 0.72990 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $112,593,980 | BeginningYearBalanceAmt |
| Contributions | $2,825,687 | ContributionsAmt |
| Investment Earnings Or Losses | $11,787,731 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,502,160 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,426,281 | OtherExpendituresAmt |
| Administrative Expenses | $1,936,643 | AdministrativeExpensesAmt |
| End Year Balance | $122,342,314 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $118,655,544 | BeginningYearBalanceAmt |
| Contributions | $3,148,585 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,121,898 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,604,833 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,628,717 | OtherExpendituresAmt |
| Administrative Expenses | $1,854,701 | AdministrativeExpensesAmt |
| End Year Balance | $112,593,980 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $126,276,225 | BeginningYearBalanceAmt |
| Contributions | $2,367,149 | ContributionsAmt |
| Investment Earnings Or Losses | -$4,303,047 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,325,200 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,308,650 | OtherExpendituresAmt |
| Administrative Expenses | $2,050,933 | AdministrativeExpensesAmt |
| End Year Balance | $118,655,544 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $110,861,413 | BeginningYearBalanceAmt |
| Contributions | $2,575,606 | ContributionsAmt |
| Investment Earnings Or Losses | $18,529,169 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,838,560 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,859,902 | OtherExpendituresAmt |
| Administrative Expenses | $1,991,501 | AdministrativeExpensesAmt |
| End Year Balance | $126,276,225 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $102,872,175 | BeginningYearBalanceAmt |
| Contributions | $2,230,697 | ContributionsAmt |
| Investment Earnings Or Losses | $10,511,039 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,471,806 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,495,503 | OtherExpendituresAmt |
| Administrative Expenses | $1,785,189 | AdministrativeExpensesAmt |
| End Year Balance | $110,861,413 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01510 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.84060 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.14430 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,668,833 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $3,299,065 | OtherCostOrOtherBasisAmt |
| Book Value | $5,967,898 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,967,898 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE UNIVERSITY OF AKRON FOUNDATION FUND, LP | Desc |
| Book Value | $125,377,469 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $125,377,469 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ACTUARIAL LIABILITY FOR UNITRUST/ANNUITY AGREEMENTS | $12,620,132 |
| REFUNDABLE ADVANCES | $82,769 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $12,702,901 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $27,798,960 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $11,419,054 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $14,717 | OtherRevenueAmt |
| Revenue Not Reported | $11,433,771 | RevenueNotReportedAmt |
| Revenue Subtotal | $16,365,189 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,722,233 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $1,322,752 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,044,985 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $20,410,174 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,491,820 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $14,717 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $14,717 | ExpensesNotReportedAmt |
| Expenses Subtotal | $16,477,103 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,722,233 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,322,752 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,044,985 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $20,522,088 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | DISTRIBUTIONS FROM ENDOWMENT FUNDS ARE USED AS DONORS HAVE STIPULATED OR AS THE FOUNDATION BOARD HAS DESIGNATED. THIS INCLUDES, BUT IS NOT LIMITED TO SCHOLARSHIPS, FELLOWSHIPS, LECTURESHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, ASSISTANCE TO THE UNIVERSITY OF AKRON COLLEGES AND DEPARTMENTS, EQUIPMENT FUNDS, CAPITAL IMPROVEMENTS, AS WELL AS SUPPORT OF THE PERFORMING ARTS HALL AND HOWER HOUSE. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | PROPERTY EXPENSES RECLASSIFIED AS RENTAL EXPENSES 4,917. ADJUSTMENT TO GRANT EXPENSE AND CONTRIBUTIONS RECEIVED 9,800. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | PAYMENTS TO ANNUITANTS 1,322,752. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | PROPERTY EXPENSES RECLASSIFIED AS RENTAL EXPENSES 4,917. ADJUSTMENT TO GRANT EXPENSE AND CONTRIBUTIONS RECEIVED 9,800. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | PAYMENTS TO ANNUITANTS 1,322,752. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNIVERSITY OF AKRON | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44325 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 346002924 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $14,826,779 | CashGrantAmt |
| Purpose Of Grant | SEE PART IV | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | UA IS THE SOLE BENEFICIARY OF ASSISTANCE FROM UAF. THE RESTRICTIONS DONORS PLACE ON THEIR CONTRIBUTIONS DETERMINE HOW FUNDS CAN BE USED FOR OR ON BEHALF OF UA. THE FOUNDATION REQUIRES THAT A UNIVERSITY RESTRICTED ACCOUNT BE SET UP FOR EACH DONOR RESTRICTION. THE CONTROLLER'S OFFICE AND RESPECTIVE DEPARTMENTS AT UA ARE SUPPLIED WITH COPIES OF THE DONOR AGREEMENT WHICH LISTS ANY RESTRICTIONS. THE UA ACCOUNT NUMBER IS AN ATTRIBUTE OF THE FOUNDATION'S ACCOUNT WITHIN THE FOUNDATION'S GENERAL LEDGER SYSTEM AND THE FOUNDATION'S ACCOUNT IS ALSO AN ATTRIBUTE OF THE UNIVERSITY ACCOUNT WITHIN THE UA ACCOUNTING DATABASE. THESE CORRESPONDING ATTRIBUTES ARE USED TO TRACK THAT THE FUNDS TRANSFERRED BY THE FOUNDATION ARE DEPOSITED INTO THE APPROPRIATE UNIVERSITY ACCOUNTS. THE EMPLOYEES IN THE UA CONTROLLER'S OFFICE USE THE DONOR AGREEMENTS TO CONFIRM EXPENDITURES MEET ANY DONOR RESTRICTIONS. |
| PART II, LINE 1H | THE FOUNDATION'S PURPOSE IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF UA. THE FUNDS TRANSFERRED TO UA ARE TO BE USED FOR MANY PURPOSES INCLUDING, BUT NOT LIMITED TO, SCHOLARSHIPS, FELLOWSHIPS, LECTURESHIPS, INTERNSHIPS, DEPARTMENT CHAIRS, PROFESSORSHIPS, EQUIPMENT FUNDS, ASSISTANCE TO UA COLLEGES AND DEPARTMENTS, IMPROVEMENT OF THE CAMPUS LANDSCAPE, AND SUPPORT OF THE PERFORMING ARTS HALL. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAWRENCE BURNS | ||||||||||||||
| EX-OFFICIO DIR (THROUGH 8/12/16) | $0 | $199,354 | $0 | $0 | $0 | $2,059 | $0 | $22,385 | $0 | $9,156 | $0 | $232,954 | $0 | $0 |
| SCOTT L SCARBOROUGH | ||||||||||||||
| EX-OFFICIO DIR (THROUGH 9/30/16) | $0 | $144,496 | $0 | $0 | $0 | $25,143 | $0 | $73,737 | $0 | $10,270 | $0 | $253,646 | $0 | $0 |
| REX D RAMSIER | ||||||||||||||
| EX-OFFICIO DIRECTOR | $0 | $293,355 | $0 | $0 | $0 | $2,742 | $0 | $32,476 | $0 | $22,752 | $0 | $351,325 | $0 | $0 |
| MATTHEW J WILSON | ||||||||||||||
| EX-OFFICIO DIRECTOR | $0 | $181,076 | $0 | $0 | $0 | $130 | $0 | $18,888 | $0 | $13,272 | $0 | $213,366 | $0 | $0 |
| KIMBERLY M COLE | ||||||||||||||
| EXECUTIVE DIRECTOR | $0 | $143,562 | $0 | $0 | $0 | $210 | $0 | $20,300 | $0 | $7,848 | $0 | $171,920 | $0 | $0 |
| NATHAN J MORTIMER | ||||||||||||||
| TREASURER | $0 | $221,543 | $0 | $0 | $0 | $19,830 | $0 | $33,880 | $0 | $13,980 | $0 | $289,233 | $0 | $0 |
| BRIAN E DAVIS | ||||||||||||||
| FMR ASST TREAS (THROUGH 8/1/15) | $0 | $118,076 | $0 | $0 | $0 | $120 | $0 | $20,004 | $0 | $22,752 | $0 | $160,952 | $0 | $0 |
| LUIS PROENZA | ||||||||||||||
| FMR EX-OFF DIR (THROUGH 6/30/14) | $0 | $351,356 | $0 | $0 | $0 | $120 | $0 | $20,818 | $0 | $0 | $0 | $372,294 | $0 | $0 |
| WILLIAM M SHERMAN | ||||||||||||||
| FMR EX-OFF DIR (THROUGH 1/1/16) | $0 | $231,315 | $0 | $0 | $0 | $18,893 | $0 | $47,000 | $0 | $22,752 | $0 | $319,960 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4B | IN 2016, NATHAN MORTIMER CONTRIBUTED $18,000, SCOTT SCARBOROUGH CONTRIBUTED $24,000, AND MIKE SHERMAN CONTRIBUTED $12,000 TO THE UNIVERSITY OF AKRON'S 457(B) PLAN. NO DISTRIBUTIONS WERE MADE FROM THE UNIVERSITY OF AKRON'S 457(B) PLAN IN 2016. |
| PART I, LINE 2 | THE FOUNDATION DID NOT PROVIDE ANY OF THE ITEMS LISTED IN 1A TO OR FOR A PERSON LISTED ON FORM 990, PART VII, SECTION A, LINE 1A. HOWEVER, IF THERE WERE SUCH EXPENSES, THE FOUNDATION'S POLICIES AND PROCEDURES MANUAL REQUIRES SUBSTANTIATION PRIOR TO ANY DISBURSEMENTS. |
| PART I, LINE 3 | THE FOUNDATION DOES NOT PROVIDE COMPENSATION TO ITS EXECUTIVE DIRECTOR OR ANY OTHER OFFICER OR DIRECTOR. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 17 | ContributionCnt |
| Noncash Contributions Rpt F990 | $370,808 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | GIFT DATE MKT QUOTES | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE OF THE FOUNDATION, BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, HAS ALL THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE FOUNDATION, EXCEPT AS SUCH AUTHORITY IS LIMITED BY STATUTE OR RESOLUTION OF THE BOARD OF DIRECTORS. ACCORDING TO THE FOUNDATION'S CODE OF REGULATIONS, THE BOARD OF DIRECTORS SHALL APPOINT AN EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT OF THE UNIVERSITY OF AKRON (UA), THE SENIOR DEVELOPMENT OFFICER OF UA, THE CHIEF ACADEMIC OFFICER OF UA, THE CHIEF FINANCIAL OFFICER OF UA, THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, AND EXECUTIVE DIRECTOR OF THE FOUNDATION, AND NOT LESS THAN TWO OTHER VOTING DIRECTORS WHO ARE MEMBERS OF THE COMMUNITY AT LARGE, AND WHO ARE NOT FULL-TIME EMPLOYEES OF UA OR ITS GOVERNING BOARD. DURING FISCAL 2017, ALL MEMBERS OF THE EXECUTIVE COMMITTEE MEMBERS WERE VOTING MEMBERS EXCEPT FOR THE EXECUTIVE DIRECTOR, TREASURER, AND ASSISTANT TREASURER OF THE FOUNDATION, WHO ARE NON-VOTING MEMBERS. EACH VOTING MEMBER OF THE EXECUTIVE COMMITTEE IS ALSO A VOTING MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 2 | BUSINESS RELATIONSHIP - PHILIP A. LLOYD & JOHN C. BLICKLE (TERM ENDED 10/30/2016); BUSINESS RELATIONSHIP - SOLOMON H. JONES, MARK R. BELGYA & SUSAN WAGSTAFF; BUSINESS RELATIONSHIP - STEVEN R. BRUBAKER (TERM ENDED 10/30/2016) & CRAIG S. TAYLOR |
| FORM 990, PART VI, SECTION B, LINE 11B | A COMPLETE COPY OF THE FORM 990 WAS SENT TO THE FOUNDATION'S EXECUTIVE COMMITTEE IN ELECTRONIC FORM PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, THE DIRECTORS AND OFFICERS OF THE FOUNDATION COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THE QUESTIONNAIRE IS DESIGNED TO BRING TO LIGHT ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE EXECUTIVE DIRECTOR OF THE FOUNDATION REVIEWS THE QUESTIONNAIRES AND IS CHARGED WITH INFORMING THE BOARD OF POTENTIAL CONFLICTS. BOARD MEMBERS RECUSE THEMSELVES FROM VOTING WHEN THEY HAVE A CONFLICT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON WRITTEN REQUEST. |
| FORM 990, PART VI, SECTION B, LINE 13: | THE FOUNDATION HAS NO EMPLOYEES, THUS ELIMINATING THE NEED FOR A WHISTLE-BLOWER POLICY. |
| FORM 990, PART VI, SECTION B, LINE 14: | THE FOUNDATION'S RECORDS ARE MAINTAINED BY EMPLOYEES OF THE UNIVERSITY OF AKRON WHO FOLLOW THE UNIVERSITY'S DOCUMENT RETENTION AND DESTRUCTION POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15: | THE FOUNDATION DOES NOT COMPENSATE ITS EXECUTIVE DIRECTOR, OFFICERS OR KEY EMPLOYEES SO NO PROCESS IS REQUIRED. |
| FORM 990, PART VII, SECTION A, LINE 3: | THE TERM FOR OFFICERS AND DIRECTORS FOR THE UNIVERSITY OF AKRON FOUNDATION RUNS FROM OCTOBER TO OCTOBER. AS A RESULT, THERE COULD BE MORE THAN ONE INDIVIDUAL THAT SERVED IN ANY PARTICULAR OFFICER POSITION DURING THE FISCAL YEAR. |
| FORM 990, PART X, LINE 12: | THE FOUNDATION'S POOLED ENDOWMENT IS INVESTED IN A PARTNERSHIP RATHER THAN DIRECTLY IN STOCKS AND BONDS. SEE SCHEDULE D, PART VII. |
| FORM 990, PART XII, LINE 2C: | THE FOUNDATION DOES NOT HAVE A SEPARATE COMMITTEE FOR AUDIT OVERSIGHT. HOWEVER, AUDIT RESULTS WERE REVIEWED WITH THE FOUNDATION BOARD OF DIRECTORS. ADDITIONALLY, SINCE IT IS A COMPONENT UNIT OF THE UNIVERSITY OF AKRON, THE UNIVERSITY'S BOARD OF TRUSTEES AND AUDIT COMMITTEE PARTICIPATE IN THE FOUNDATION'S FINANCIAL STATEMENT AUDIT. THE FOUNDATION'S INDEPENDENT AUDITOR IS SELECTED IN CONJUNCTION WITH THE UNIVERSITY OF AKRON, WHICH IS THROUGH THE OHIO AUDITOR OF STATE'S BID PROCESS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNIVERSITY OF AKRON | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44325 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 346002924 | EIN |
| Primary Activities | HIGHER EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 5 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF AKRON FOUNDATION FUND LP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 443256220 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463779556 | EIN |
| Primary Activities | INVESTOR FUND | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMBRIDGE ASSOCIATES RESOURCES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | EXCLUDED | PredominantIncomeTypeTxt |
| Share Of Total Income | $2,310,006 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $119,478,160 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| UBI Code V | $56,821 | UBICodeVAmt |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 0.99990 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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