2017-01-13T16:35:46-06:00 2016-06-30 390758449 Wipfli LLP 3703 Oakwood Hills Pkwy Eau Claire WI 54701 990 2015-07-01 390972350 UNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC UNIV 7158362987 105 GARFIELD AVENUE EAU CLAIRE WI 54701 Kimera M Way President 7158365180 2017-01-13 1 ROB GANSCHOW CPA P01374207 7158323407 2017-01-12 2015 2021-01-29 14:40:06Z Kimera M Way 105 GARFIELD AVENUE EAU CLAIRE WI 54701 13412993 0 X www.uwec.edu/foundation X 1958 WI THE FOUNDATION WAS FORMED TO FURTHER THE GOALS OF THE UNIVERSITY OF WISCONSIN-EAU CLAIRE BY SOLICITING AND RECEIVING GIFTS AND BEQUESTS OF PROPERTY FOR THE DEVELOPMENT, PROMOTION, AND BENEFIT OF THE UNIVERSITY. 36 36 0 36 0 0 7795341 11056391 0 0 3180665 1723692 75098 468934 11051104 13249017 5400772 10834611 0 0 0 8371 0 0 636809 1948403 2028498 7349175 12871480 3701929 377537 79266641 79872595 13995126 15932901 65271515 63939694 X The objectives of the University of Wisconsin-Eau Claire Foundation, Inc. shall be: a) to solicit, receive and hold gifts, grants, devises and bequests of money, property, and other items of value for the benefit of the University of Wisconsin-Eau Claire, and the faculty and students thereof;b) to invest and reinvest the same;c) to give and to grant to the University gifts, grants and bequests of money and other items of value for educational and/or research purposes, and to aid and assist the qualified educational, research and service programs of the University, it's faculty and students;d) to otherwise assist the University in achieving its educational, research and service purposes. 1 0 8802515 8802515 0 The Foundation disbursed 66% of their total program expenses for university programs. This represents funding for general operational support of university departments and colleges. This includes funding for department advancement funds that are used to support projects and activities not supported by state funding. The general number impacted by that type of program is 40 administrative units on campus and 850 administrative and operational support staff. 2032096 2032096 0 Student scholarships and awards is the second largest program service offered by the Foundation. This equates to 33% of total program expenses. Funding comes from restricted and unrestricted funds. The number of scholarship recipients is over 1,000 students. 10885 0 0 The third largest area of Foundation funding support is for the alumni office. The alumni office coordinates events on campus and in other cities across the United States for alumni gatherings. Numerous events are held each year with thousands of alumni in attendance. -2933 0 0 -2933 10842563 1 1 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 29 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 36 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 1 0 WI X Kimera WayCoby Kohn 7158362987 105 GARFIELD AVENUE EAU CLAIRE WI 54701 X BARRY MOULLET PAST PRESIDENT 0.00 X X 0 0 0 GEORGE STROEBEL CHAIR 0.00 X X 0 0 0 ANDREW BURISH VICE CHAIR 0.00 X X 0 0 0 BETSY KELL DIRECTOR 0.00 X 0 0 0 CHARLES BAUER DiRECTOR 0.00 X 0 0 0 MICHAEL CARNEY DirECTOR 0.00 X 0 0 0 TODD EBERHARDT DirECTOR 0.00 X 0 0 0 HON CATHERINE FURAY TREASURER 0.00 X X 0 0 0 MELISSA HOEPPNER dIRECTOR 0.00 X 0 0 0 TIMOTHY HOEPPNER dIRECTOR 0.00 X 0 0 0 CARL HOLMQUIST dIRECTOR 0.00 X 0 0 0 WILLIAM KLISH dIRECTOR 0.00 X 0 0 0 VICKI LORD LARSON diRECTOR 0.00 X 0 0 0 GRACE LAU diRECTOR 0.00 X 0 0 0 JEFFREY LIDDICOAT diRECTOR 0.00 X 0 0 0 NEIL LIPINSKI diRECTOR 0.00 X 0 0 0 JANE LOKKEN diRECTOR 0.00 X 0 0 0 JIM MELLINGER dirECTOR 0.00 X 0 0 0 SARA MELLINGER dirECTOR 0.00 X 0 0 0 RICK SCHRODER DIRECTOR 0.00 X 0 0 0 EVELYN ZABO DIRECTOR 0.00 X 0 0 0 KEITH DONNERMEYER DIRECTOR 0.00 X 0 0 0 HARRY KAISER DIRECTOR 0.00 X 0 0 0 CHRISTINE SMITH DIRECTOR 0.00 X 0 0 0 MICHAEL STRUBEL DIRECTOR 0.00 X 0 0 0 ANGELA PITTMAN TAYLOR DIRECTOR 0.00 X 0 0 0 MARIAH WILD DIRECTOR 0.00 X 0 0 0 JASON WUDI DIRECTOR 0.00 X 0 0 0 MICHELLE OLSON DIRECTOR 0.00 X 0 0 0 RUDY PEREIRA DIRECTOR 0.00 X 0 0 0 KIMERA WAY PRESIDENT 50.00 X 137714 0 0 ROBIN LEARY ASSISTANT SECRETARY 40.00 X 43792 0 0 COBY KOHN ASSISTANT TREASURER 45.00 X 81305 0 0 KATHI LEE ASSISTANT TREASURER 0.00 X 0 0 0 LORI MAASSEN ASSISTANT TREASURER 45.00 X 63423 0 0 ERIC WAN SECRETARY 0.00 X 0 0 0 326234 0 0 1 0 0 1 0 11056391 1542946 11056391 1705084 1705084 182584 163976 18608 18608 18608 ADMINISTRATIVE INCOME 900000 468934 468934 468934 13249017 0 0 2192626 8802515 8802515 2032096 2032096 8371 8371 17665 17665 259406 259406 127412 127412 9796 9796 40885 65 40820 57541 57541 12541 12541 126433 126433 3322 3322 13901 13901 Solicitation expense 1017410 711426 305984 STUDENT HELP/STIPENDS/A 95236 9664 85572 SUBSCRIPTIONS/BOOKS/MEM 68530 68530 POSTAGE 53259 53259 125161 7952 23576 93633 12871480 10842563 1392108 636809 183507 1512456 2620451 2289387 4570179 7083904 296591 0 7306596 12866630 125000 0 42835 53918 1309134 22092 7510324 1287042 54230374 53114772 37138 2380784 1627348 79266641 79872595 1095877 5793275 5550152 0 7349097 10139626 13995126 15932901 X 1111057 1037870 42143056 37922443 22017402 24979381 65271515 63939694 79266641 79872595 X 377537 -1782453 78026 4245 -9176 X X 0 1 X 1 0 X 5351645 6009449 10622641 7795341 11056391 40835467 5351645 6009449 10622641 7795341 11056391 40835467 4931873 35903594 781445 830772 1691747 1842509 1705084 6851557 47687024 468934 0.75290 0.74130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 66000 0 900619 1 1 X 4 314.00 0 0 0 1 1 20.00 0 64160458 10035245 -899341 1351946 7613823 1044856 63285737 59512166 7216975 2262903 1274961 3336724 219901 64160458 48883151 10154007 7219413 1083033 2838311 2823061 59512166 43969256 5896467 4080760 1021198 2902042 1140092 48883151 42586205 4883715 1316270 1782265 3034669 43969256 0.37100 0.39100 0.23800 1 0 355900 355900 32964 32964 176880 22092 154788 743390 743390 1287042 Part II, Line 9: Conservation easements are reported in the financial statements as real estate property at a value of $1 per acre. Part V, Line 4: There are two main uses for the Foundation's endowment funds. First, to provide student scholarships designated specifically by the donors for this purpose. Second, for general operational support of the University's departments which have also been specifically designated by the donors. 1 University of Wisconsin - Eau Claire 105 Garfield Avenue Eau Claire WI 54701 391805963 STATE OF WISCONSIN 8802515 University department support Student Scholarships 2773 2030196 0 FACULTY/STAFF AWARDS 7 1900 0 Part I, Line 2: Student scholarships are administered through the UW-Eau Claire financial aids office. Using a direct application method, scholarship award amounts are deposited directly into the student's university campus account. The financial aids office monitors all the financial aid that each enrolled student receives. Faculty and Staff awards are administered through department chairs or in the case of the six Excellence awards, those are processed through staff nominations submitted to a designated campus committee. 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, SECTION A, LINE 5 OFFICERS OF THE FOUNDATION RECEIVE COMPENSATION FROM THE UNIVERSITY OF WISCONSIN - EAU CLAIRE AND NOT FROM THE FOUNDATION ITSELF, AS OUTLINED IN AN AGREEMENT BETWEEN THE TWO PARTIES ON SEPTEMBER 28, 2012. THIS AGREEMENT STATES THAT THE FOUNDATION WILL PROVIDE TO AND FOR THE BENEFIT OF THE UNIVERSITY DEVELOPMENT SERVICES, WHICH IN TURN, THE UNIVERSITY SHALL PAY SALARY AND FRINGE BENEFITS TO UNIVERSITY STAFF DIRECTLY RESPONSIBLE FOR DEVELOPMENT SERVICES. THE FOUNDATION REIMBURSED UNIVERSITY OF WISCONSIN-EAU CLAIRE FOR 100% OF KIMERA WAY'S SALARY AND BENEFITS ($137,714) AND 25% OF COBY KOHN'S SALARY AND BENEFITS ($20,326) PROVIDED TO THE OFFICERS. THE REMAINING SALARY AND BENEFITS PAID TO OFFICERS BY THE UNIVERSITY OF WISCONSIN - EAU CLAIRE INCLUDE: ROBIN LEARY, ASSISTANT SECRETARY - $43,792 LORI MAASSEN, ASSISTANT SECRETARY - $63,423 COBY KOHN, ASSISTANT TREASURER - $60,423 X 37 627916 fmv at date of donation X FCC LICENSE AND RADIO TOWER 1 910000 fmv at date of donat X 3 HORNS & MUSIC TEXTS 1 2620 FMV at date of donat X Athletic training supplies/EQUIPMENT 1 1685 FMV at date of donat X CELESTRON SUPER C8 TELESCOPE 1 400 fMV at date of donat X SUPPLIES (PICTURES, FRAMES, NAME PLATES) 1 325 FMV at date of donat 0 1 1 Part I, Column (b): THE AMOUNT REPORTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. Part I, Line 32b: A stock broker is hired to sell donated stock gifts. Form 990, Part III, line 2 BLUGOLD RADIO, LLC WAS FORMED FOR THE PURPOSE OF HOLDING AND OPERATING A RADIO STATION IN THE COMMUNITY. Form 990, Part VI, Section A, line 2 ONE BOARD MEMBER WORKS AT A LEGAL FIRM THAT THE FOUNDATION OCCASIONALLY EMPLOYS Form 990, Part VI, Section B, line 11 990 is emailed to all audit committeE members and is reviewed and approved by the assistant treasurer, treasurer, audit committee chair, and executive director prior to filing. Form 990, Part VI, Section B, line 12c Each member completes a conflict of interest statement and they are reviewed by the Executive Director and BOARD President. Form 990, Part VI, Section C, line 19 Other governing documents are available to the public either by way of the organization's website or upon request. FORM 990, PART VII, LINE 1A BOARD DIRECTORS TIMOTHY HOEPPNER AND MELISSA HOEPPNER HAVE A FAMILY RELATIONSHIP. BOARD DIRECTORS JIM MELLINGER AND SARA MELLINGER HAVE A FAMILY RELATIONSHIP. Form 990, Part XI, line 9: Change in value of bequests -308. Change in value of split interest agreements -24,790. Change in cash surrender value of life insurance 15,922. FORM 990, PART XI, LINE 2C BOARD OF DIRECTORS SELECTS INDEPENDENT AUDITOR. THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BLUGOLD RADIO LLC 105 GARFIELD AVENUE EAU CLAIRE WI 54701 811439201 TO HOLD AND OPERATE A RADIO STATION FOR THE COMMUNITY. WI -8936 933272 UNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC BLUGOLD REAL ESTATE FOUNDATION INC 105 GARFIELD AVENUE EAU CLAIRE WI 54701 471689874 REAL ESTATE WI 501(c)(3) Line 11a, I UNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Blugold Real Estate Foundation Inc D 614103 Audited 6/30/16 balance Haymarket Concepts LLC D 12252526 audited 6/30/16 balance BLUGOLD Real Estate Foundation Inc B 1000000 AUdited 6/30/16 balance