2017-05-15T15:14:45-05:00 2016-06-30 592922169 SALTMARSH CLEAVELAND & GUND 900 NORTH 12TH AVENUE PENSACOLA FL 32501 990 2015-07-01 596166292 UNIVERSITY OF WEST FLORIDA FOUNDATIONINC UNIV 8504743118 11000 UNIVERSITY PKWY BLDG 12 PENSACOLA FL 325145732 DANIEL LUCAS CHIEF FINANCIAL OFFICER 8504743880 2017-05-04 1 MOLLY MURPHY CPA P00985783 8504358300 2017-05-04 2015 2021-01-29 14:40:06Z DANIEL LUCAS 11000 UNIVERSITY PKWY BLDG 12 PENSACOLA FL 325145732 41027474 0 X WWW.UWF.EDU/FOUNDATION X 1965 FL SEE SCHEDULE O. 27 23 0 0 -6634 -3315 4606008 12421107 11965867 12105797 3713186 2023655 22378 6118 20307439 26556677 1124533 1025649 0 0 4747463 5149825 6690 65049 376122 11804978 11694472 17683664 17934995 2623775 8621682 144202001 147374303 53404406 51560127 90797595 95814176 X SOLICITING, RECEIVING, AND ADMINISTERING GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES ALL FOR THE ADVANCEMENT OF THE UNIVERSITY OF WEST FLORIDA (UWF). TO PROMOTE AND SUPPORT EDUCATION AND EDUCATION FACILITIES, INCLUDING HOUSING AT UWF. 0 0 10660878 12004897 STUDENT HOUSING PROGRAM - THE UWF DEPARTMENT OF HOUSING AND RESIDENCE LIFE PROVIDES HOUSING FOR APPROXIMATELY 14.8%, I.E., OVER 1,841 STUDENTS AND 86 STUDENT STAFF, OF THE UNIVERSITY'S STUDENT BODY OF 13,002. OCCUPANCY OF DORMS IS TO MEET STUDENTS' ON CAMPUS HOUSING NEEDS. IN ADDITION TO RESIDENTIAL SERVICES, HOUSING OFFERS OVER 2,950 EDUCATIONAL AND SOCIAL PROGRAMS DESIGNED TO ENHANCE THE STUDENTS' LEARNING ENVIRONMENT AS WELL AS ENRICH THE STUDENTS' COLLEGE EXPERIENCE. 1025649 1025649 STUDENT SCHOLARSHIP PROGRAM: THE UWF FOUNDATION AWARDED SCHOLARSHIPS TO 772 UWF STUDENTS. THESE SCHOLARSHIPS HELPED TO ENSURE THOSE STUDENTS GAINED A HIGHER EDUCATION. ONE OF THE NEWER SCHOLARSHIPS PROMOTED DURING THE YEAR WAS THE FIRST GENERATION SCHOLARSHIP. THIS SCHOLARSHIP ENABLES STUDENTS, WHO ARE FIRST GENERATION IN THEIR FAMILY TO ATTEND COLLEGE, TO BE ABLE TO AFFORD COLLEGE TUITION. THE FOUNDATION RAISED AND AWARDED $278,600 OF FIRST GENERATION SCHOLARSHIPS DURING THE YEAR. 480538 EMINENT SCHOLARS AND PROFESSORSHIPS: THE UWF FOUNDATION HAD 3 DISTINGUISHED PROFESSORS DURING THE FISCAL YEAR. THESE PROFESSORSHIPS HELPED TO ADVANCE THE EDUCATIONAL MISSION OF THE UNIVERISTY BY HAVING DISTINGUISHED AND SPECIALIZED PROFESSORS TEACH STUDENTS. 3505875 ALL OTHER PROGRAMS: THE UWF FOUNDATION HAS AGENCY ACCOUNTS WHICH SUPPORT THE MISSION OF CERTAIN DEPARTMENTS AND COLLEGES WITHIN THE UNIVERSITY. THESE ACCOUNTS PRIMARILY CONSIST OF DONATED FUNDS TO HELP SUPPORT FACULTY SALARIES, STUDENT SCHOLARSHIPS, LEARNING ENVIRONMENTS, PROFESSIONAL DEVELOPMENT, AND LECTURES. 3505875 15672940 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 1 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 44 0 1 0 1 1 1 CJ 0 0 0 1 1 0 0 0 1 0 X 27 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 AK AZ CA CO HI KY LA ME MD MA MI MN NH NJ NY OH OK OR SC UT WA WV WI DC AR MO MS ND NH X X DANIEL LUCAS 8504743380 11000 UNIVERSITY PKWY BLDG 12 PENSACOLA FL 32514 C RAY JONES PAST CHAIR 0.20 X 0 0 0 JOHN HUTCHINSON CHAIR 0.50 X X 0 0 0 GORDON SPRAGUE BOD VICE CHAIR 0.30 X X 0 0 0 RICHARD PETERSON BOD SECRETARY 0.20 X X 0 0 0 DAVID HIGHTOWER BOD TREASURER 0.30 X X 0 0 0 DR JUDITH BENSE DIRECTOR, UWF PRESIDENT 0.20 39.80 X 0 351789 123732 DAVID CLEVELAND BOT REP 0.20 X 0 0 0 SCOTT BARROW RESIGNED CURRENT DIRECTOR 0.10 X 0 0 0 LINDA BROTHERTON CURRENT DIRECTOR 0.20 X 0 0 0 GAIL DORSEY CURRENT DIRECTOR 0.30 X 0 0 0 RAY FLORES CURRENT DIRECTOR 0.10 X 0 0 0 TIM HAAG CURRENT DIRECTOR 0.20 X 0 0 0 JAMES HOSMAN CURRENT DIRECTOR 0.20 X 0 0 0 BRETT BARROW ALUMNI BOARD REP 0.30 X 0 0 0 JASON CRAWFORD CURRENT DIRECTOR 0.40 X 0 0 0 KATHIE JEFFCOAT CURRENT DIRECTOR 0.20 X 0 0 0 TRIP MAYGARDEN FACULTY SENATE REP 0.20 X 0 0 0 DOUG DOBSON CURRENT DIRECTOR 0.10 X 0 0 0 JOHN PEACOCK JR CURRENT DIRECTOR 0.10 X 0 0 0 BRUCE VREDENBURG CURRENT DIRECTOR 0.10 X 0 0 0 RICK FOUNTAIN CURRENT DIRECTOR 0.10 X 0 0 0 JACOB HEBERT CURRENT DIRECTOR 0.20 X 0 0 0 DAN MCMILLAN CURRENT DIRECTOR 0.10 X 0 0 0 BRIAN WYER CURRENT DIRECTOR 0.20 X 0 0 0 JOHN PLATT CURRENT DIRECTOR 0.10 X 0 0 0 STEVE RIGGS CURRENT DIRECTOR 0.10 X 0 0 0 MELINDA WEBB-SCHWARTZ CURRENT DIRECTOR 0.05 X 0 0 0 BRENDAN KELLY VP OF UNIV ADV, UWF FDN PR 0.40 39.60 X 0 174400 11708 DANIEL LUCAS CFO 0.40 39.60 X 0 87167 11642 EVA BUTTS DIRECTOR 0.20 39.80 X 0 56791 9983 MARTHA SAUNDERS UWF EXECUTIVE/VP 0.00 40.00 X 0 321374 65255 FRANK RANELLI UWF SPECIAL ADVISOR TO PRE 0.00 40.00 X 0 182776 37273 KEVIN KRIEGER UWF PROFESSOR 0.00 40.00 X 0 192748 12220 CHULA KING UWF PROFESSOR 0.00 40.00 X 0 237528 18592 HAROLD WHITE UWF PROFESSOR 0.00 40.00 X 0 193960 15230 0 1798533 305635 0 1 1 0 JANI-KING 122 WEST PINE STREET PONCHATOULA LA 70454 JANITORIAL SERVICES 611860 PHOENIX COATINGS 900 INDUSTRIAL COURT PENSACOLA FL 32505 PAINTING SERVICES 388374 PEOPLES PAINTING COMPANY 9931 HARLINGTON ST CANTONMENT FL 32533 PAINTING SERVICES 281725 WILSON FLOOR COVERING OF PENSACOLA INC PO BOX 2545 3800 LIGGETT STREET PENSACOLA FL 32513 FLOOR SERVICES 199312 CHARTWELLS 11000 UNIVERSITY PARKWAY BLDG 22 PENSACOLA FL 32514 DINING SERVICES 196853 5 13170 12407937 5376369 12421107 RENTAL INCOME - HOUSING 721310 11592258 11592258 RENTAL INCOME - OTHER 900099 262012 262012 251527 251527 12105797 1242514 150627 -6634 1098521 5619 5619 15251543 14470402 781141 781141 781141 0 13170 395 -395 -395 MISCELLANEOUS REVENUE 900099 894 894 894 26556677 12256424 -6634 1885780 1025649 1025649 5149825 3578916 1418968 151941 1339 544 795 70876 12334 58542 65000 20000 45000 65049 65049 263865 3549 260316 720211 753481 -72694 39424 477389 425980 22357 29052 380990 267264 71763 41963 1226059 1219469 160 6430 440640 365802 41492 33346 86045 80986 1078 3981 2182724 2182724 2824715 2824715 230878 206963 23915 REPAIR/MAINTENANCE/SUPP 1334616 1333651 965 UNIVERSITY/STAFF SUPPOR 1051263 1045888 5375 HOUSING RELATED EXPENSE 154033 154033 BAD DEBT EXPENSE 49687 49687 134142 121305 7901 4936 17934995 15672940 1885933 376122 725 726 14046459 13842057 2170155 2802212 528538 485291 126949 194195 78266061 27571267 52245390 50694794 54211134 57105427 19346691 18807082 1525960 3442519 144202001 147374303 736115 650797 51231817 47956174 1436474 2953156 53404406 51560127 X 14826031 16167672 26024342 24550946 49947222 55095558 90797595 95814176 144202001 147374303 X 8621682 -3564668 -40433 X 0 1 X 1 0 X 4076386 2894148 5017341 4606008 12421107 29014990 4076386 2894148 5017341 4606008 12421107 29014990 29014990 1004513 1083578 980859 1015836 1091887 5176673 56137 111081 98536 179844 218712 664310 34855973 10173888 0.83240 0.77030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65000 65000 15652940 15717940 935897 233974 0 0 901512 955956 926217 935897 3719582 5579373 70150 70150 70000 65000 275300 225378 238989 231554 233974 929895 1394843 62812538 4875354 -3704533 878237 -2224836 61758523 64344233 378256 1316376 -863004 -1270556 -1058646 62812538 55877014 1901803 9643322 -812995 -1248368 -1016543 64344233 50665073 801561 7276783 -737846 -1140507 -988050 55877014 55281805 574051 -2573643 -637572 -1040245 -939323 50665073 0.02570 0.89210 0.08220 0 0 1454483 1454483 75201849 27103071 48098778 486017 468196 17821 1123712 1123712 50694794 COMMINGLED FUNDS 14746138 F PRIVATE EQUITY FUNDS 2148431 F REAL ESTATE INVESTMENT TRUSTS 1912513 F 18807082 SPLIT INTEREST AGREEMENTS 1795555 DUE TO WEST FORIDA HISTORIC TRUST, INC. 1157601 2953156 X 22953076 -3564668 -38933 -3603601 26556677 0 26556677 17936495 0 17936495 -1500 -1500 17934995 PART V, LINE 4: THE INCOME FROM THE ENDOWMENT FUNDS IS TO BE USED FOR SCHOLARSHIPS, PROFESSORSHIPS, AND PROGRAMS OF THE UNIVERSITY OF WEST FLORIDA. ALL FUNDS ARE USED TO ADVANCE THE MISSION OF THE UNIVERSITY. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN INVESTMENT ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION (170)(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN S/I AGREEMENT VALUE -39,328. FUNDRAISING EXPENSES 395. PART XII, LINE 4B - OTHER ADJUSTMENTS: WRITE OFF OF UNCONDITIONAL PROMISES TO GIVE -1,500. 0 CENTRAL AMERICA AND CARIBBEAN 0 0 INVESTMENT 15921777 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 6000 EUROPE 0 0 PROGRAM SERVICES SCHOLARSHIPS 4350 CENTRAL AMERICA AND CARIBBEAN 0 0 PROGRAM SERVICES SCHOLARSHIPS 1250 EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 11500 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES SCHOLARSHIPS 1617 CENTRAL AMERICA AND CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 4500 SOUTH ASIA 0 0 PROGRAM SERVICES SCHOLARSHIPS 1796 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 2500 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES SCHOLARSHIPS 500 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES SCHOLARSHIPS 1100 SOUTH AMERICA 0 0 PROGRAM SERVICES SCHOLARSHIPS 9450 0 0 0 0 0 0 15952790 13550 15966340 SCHOLARSHIPS - STUDY ABROAD EUROPE 5 11500 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - STUDY ABROAD EAST ASIA & PACIFIC 3 6000 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - STUDY ABROAD CENTRAL AMERICA/CARIBBEAN 2 4500 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - STUDY ABROAD SOUTH AMERICA 1 2500 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERSITY EAST ASIA & PACIFIC 2 1617 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERSITY CENTRAL AMERICA/CARIBBEAN 2 1250 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERSITY EUROPE 6 4350 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERSITY SUB-SAHARAN AFRICA 1 500 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIP - AT UNIVERSITY SOUTH AMERICA 12 9450 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERISTY RUSSIA AND NEIGHBORING STATES 1 1100 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERISTY SOUTH ASIA 2 1796 FUNDS ON DEPOSIT N/A N/A 1 0 0 1 1 0 PART I, LINE 2: PART 1: STUDY ABROAD ASSISTANCE AWARDED TO INDIVIDUALS REPRESENTS STUDENT FINANCIAL AID FOR STUDIES OUTSIDE THE UNITED STATES. STUDENTS RECEIVING FINANCIAL AID ARE DETERMINED BY THE FOUNDATION GRANT COMMITTEE. THE COMMITTEE USES CRITERIA THAT ASSESSES ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. THE OFFICES OF FINANCIAL AID AND THE STUDY ABROAD SERVICES CONTINUOUSLY MONITOR STUDENT ELIGIBILITY. PART 1: SCHOLARSHIPS AWARDED TO INDIVIDUALS OUTSIDE THE UNITED STATES REPRESENTS STUDENT FINANCIAL AID. STUDENTS RECEIVING FINANCIAL AID ARE DETERMINED BY THE UNIVERSITY OF WEST FLORIDA'S OFFICE OF FINANCIAL AID WHICH CONTINUOUSLY MONITORS STUDENT ELIGIBILITY. X X X X X 1 RUFFALO NOEL LEVITZ PO BOX 3018 CEDAR RAPIDS IA 52406 PHONATHON 0 93159 86944 6215 CHARITABLE ADULT RIDES & SERVICES INC 4669 MURPHY CANYON 100 SAN DIEGO CA 92123 VEHICLE PROGRAM 1 62186 14836 47350 ALEXANDER HAAS 3520 PEIDMONT ROAD SITE 300 ATLANTA GA 30305 CONSULTING 0 0 68856 0 IMODULES PO BOX 25671 OVERLAND PARK KS 66225 ONLINE CONSTITUENT ENGAGEMENT 0 0 23789 0 155345 194425 53565 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI GOLF TOURNAMENT 13170 13170 395 13170 13170 395 395 -395 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE FOUNDATION CONTRACTS WITH CHARITABLE ADULT RIDES & SERVICES, INC. (CARS) (FEIN 20-0290042) TO OPERATE ITS VEHICLE DONATION PROGRAM. CARS ACTS AS THE FOUNDATION'S AUTHORIZED AGENT TO ACCEPT DONATED VEHICLES AND SELL THEM TO DEALERS, WHOLESALERS, OR AT AUCTIONS. UPON TRANSFER OF THE VEHICLE OWNERSHIP BY THE DONOR, CARS SENDS A DONATION RECEIPT TO THE DONOR. IN A TIMELY MANNER (NO LESS THAN MONTHLY), CARS PROVIDES PERTINENT DONOR AND VEHICLE INFORMATION TO THE FOUNDATION. SUBSEQUENT TO THE SALES OF THE VEHICLE(S), CARS REMITS THE PROCEEDS, LESS APPLICABLE COMMISSIONS, TO THE FOUNDATION. 1 SCHOLARSHIPS 772 1025649 FAIR MARKET VALUE N/A PART I, LINE 2: SCHOLARSHIPS AND GRANTS ARE AWARDED BY THE FOUNDATION THROUGH THE UNIVERSITY OF WEST FLORIDA (UWF). UWF ADHERES TO ANY APPLICABLE STATE AND FEDERAL GUIDELINES, AS WELL AS THE GUIDELINES FROM DONOR AGREEMENTS. THE FOUNDATION REIMBURSES UWF FOR AWARDS TO STUDENTS, THUS NO DIRECT PAYMENTS ARE MADE TO GRANT/SCHOLARSHIP RECIPIENTS FROM THE FOUNDATION. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR JUDITH BENSE DIRECTOR, UWF PRESIDENT 0 351789 0 0 0 0 0 104232 0 19500 0 475521 0 0 BRENDAN KELLY VP OF UNIV ADV, UWF FDN PR 0 174400 0 0 0 0 0 11708 0 0 0 186108 0 0 MARTHA SAUNDERS UWF EXECUTIVE/VP 0 296374 0 25000 0 0 0 41371 0 23884 0 386629 0 0 FRANK RANELLI UWF SPECIAL ADVISOR TO PRE 0 182776 0 0 0 0 0 14273 0 23000 0 220049 0 0 KEVIN KRIEGER UWF PROFESSOR 0 192748 0 0 0 0 0 12220 0 0 0 204968 0 0 CHULA KING UWF PROFESSOR 0 237528 0 0 0 0 0 18592 0 0 0 256120 0 0 HAROLD WHITE UWF PROFESSOR 0 193960 0 0 0 0 0 15230 0 0 0 209190 0 0 PART I, LINE 1A PART I, LINE 1A - HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: DR. BENSE RECEIVED A HOUSING ALLOWANCE AND THIS AMOUNT IS INCLUDED IN W-2 INCOME. PART I, LINE 1A - HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: DRS. BENSE, KELLY AND RANELLI ARE MEMBERS OF THE ROTARY CLUB OF PENSACOLA. DR. BENSE IS A MEMBER OF THE IRISH POLITICIAN'S CLUB. DR. KELLY RECEIVED A MEMBERSHIP ALLOWANCE AND IS INCLUDED IN W-2 INCOME. A ESCAMBIA COUNTY FLORIDA HOUSING FINANCE AUTHORITY - 2009 SERIES 593010066 NONEXXXXX 2009-04-24 15000000 BANK LOAN TO FINANCE CONSTRUCTION OF STUDENT HOUSING 0 0 0 B ESCAMBIA COUNTY FLORIDA HOUSING FINANCE AUTHORITY - 2011 SERIES 593010066 296120CU0 2011-02-15 16189083 DORMITORY REVENUE BONDS FOR CONSTRUCTION OF STUDENT HOUSING 0 0 0 C ESCAMBIA COUNTY FLORIDA HOUSING FINANCE AUTHORITY - 2015 SERIES 593010066 NONEXXXXX 2015-03-10 14393280 REFUND THE 2005 DORMITORY REVENUE BOND 0 0 0 D ESCAMBESCAMBIA COUIA COUNTY FLORIDA HOUSING FINANCE AUTHORITY - 2015 SERIES 593010066 NONEXXXXX 2015-07-28 9226000 REFUND THE 2010 DORMITORY REVENUE BOND 0 0 0 A 15000000 1000000 969221 136000 12894779 2010 0 0 1 1 B 16189083 316533 15306709 2012 0 0 1 1 C 14393280 123280 1 0 1 1 D 11717000 9226000 111000 0 1 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 X 66 47350 IMMEDIATE SALE OF ITEM X 6 4981375 SALE, PRICE AVERAGING X 1 550000 APPRAISED VALUE X 2 SEE COMMENTS - PART II X SHARED SERVICES 1 773167 PER FASB ASC 958 X EQUIPMENT 1 150000 FAIR MARKET VALUE X GIFT SERVICES 21 0 SEE COMMENTS - PART 0 1 1 PART I, LINE 32B: LINE 32(B): THE FOUNDATION CONTRACTS WITH CHARITABLE ADULT RIDES & SERVICES, INC. (CARS) (FEIN 20-0290042) TO OPERATE ITS VEHICLE DONATION PROGRAM. CARS ACTS AS THE FOUNDATION'S AUTHORIZED AGENT TO ACCEPT DONATED VEHICLES AND SUBSEQUENTLY SELL THEM TO DEALERS, WHOLESALERS, OR AT AUCTIONS. UPON TRANSFER OF THE VEHICLE'S TITLE BY THE DONOR, CARS SENDS A DONATION RECEIPT TO THE DONOR. CARS NOTIFIES THE FOUNDATION ON A TIMELY BASIS WITH THE PERTINENT DONOR AND VEHICLE INFORMATION. SUBSEQUENT TO THE SALE OF THE VEHICLE(S), CARS REMITS TO THE FOUNDATION PROCEEDS LESS THE APPLICABLE COMMISSIONS. PART I, LINE 33: REVENUES FOR NON-CASH CONTRIBUTIONS NOTED IN LINE 18 AND LINE 27 ARE NOT REPORTED BECAUSE (1) THE COST OF AN APPRAISAL OR VALUATION WOULD EXCEED THE BENEFIT OF THE GIFT; AND/OR (2) NO MARKET READILY EXISTS FOR THE SALE OF THESE ITEMS. PART 1, LINE 18: INCLUDED IN THIS CATEGORY ARE CLASSROOM SUPPLIES, EMPLOYEE MERCHANDISE AWARDS AND SUPPORT FOR ARGO PANTRY. LINES 1 THROUGH 28, COLUMN (B): PER SCHEDULE M INSTRUCTIONS, THE NUMBER OF ITEMS RECEIVED (EXCEPT FOR LINE 9, "SECURITIES PUBLICLY TRADED") ARE REPORTED IN COLUMN (B). FOR LINE 9 ITEMS, THE NUMBER OF CONTRIBUTIONS RECEIVED (VERSUS NUMBER OF EQUITY SHARES) ARE REPORTED. LINE 17: REAL ESTATE - OTHER REPRESENTS 39,637 ACRES DONATED TO UNIVERSITY OF WEST FLORIDA'S HISTORIC TRUST. LINE 29: EQUIPMENT REPRESENTS A DONATION OF STAINLESS STEEL VACUUM SYSTEM TO THE CHEMISTRY DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO THE BOARD OF DIRECTORS' MEETING IN MARCH, A DRAFT OF FORM 990 IS REVIEWED BY THE AUDIT BUDGET COMMITTEE. AFTER IMPLEMENTING THE COMMITTEE'S COMMENTS AND SUGGESTIONS, FOUNDATION STAFF PREPARES ANOTHER DRAFT OF FORM 990 AND FORWARDS A COPY TO EACH BOARD MEMBER. AT MARCH'S MEETING, FORM 990 IS THEN REVIEWED BY THE FULL BOARD. SUBJECT TO THE BOARD'S SUGGESTED EDITS AND SUBSEQUENT APPROVAL, FORM 990 IS PREPARED FOR FILING. FOUNDATION STAFF OBTAINS THE APPROPRIATE SIGNATURES AND MAILS THE TAX RETURN TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH BOARD MEMBER RECEIVES A CONFLICT OF INTEREST QUESTIONNAIRE. ALL BOARD MEMBERS ARE REQUIRED TO FILL OUT AND SIGN THE QUESTIONNAIRE. BOARD MEMBERS OR OFFICERS WHO HAVE DECLARED OR HAVE BEEN FOUND TO HAVE A CONFLICT OF INTEREST SHALL REFRAIN FROM CONSIDERATION OF PROPOSED TRANSACTIONS, UNLESS FOR SPECIAL REASONS THE BOARD OR ADMINISTRATION REQUESTS INFORMATION OR INTERPRETATION. PERSONS WITH CONFLICTS SHALL NOT VOTE OR PARTICIPATE IN DISCUSSION. ANY PROPOSED TRANSACTION IN WHICH A CONFLICT OF INTEREST HAS BEEN DECLARED OR FOUND TO EXIST MUST BE APPROVED BY A MAJORITY OF THE DISINTERESTED MEMBERS OF THE BOARD OR THE APPROPRIATE COMMITTEE OF THE BOARD AFTER DISCLOSURE OF THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY OF WEST FLORIDA'S BOARD OF TRUSTEES DETERMINES AND APPROVES ALL COMPENSATION. THE DETERMINATION INCLUDES CONSIDERING COMPENSATION RELATIVE TO THE MARKET LEVEL FOR THE JOB. CONSIDERATION MAY BE GIVEN TO SUBSTANTIAL, DIRECTLY RELATED EXPERIENCE AND COMPARABLE INTERNAL SALARIES, WHICH MAY INCLUDE FACTORS SUCH AS JOB PERFORMANCE AND LEVEL OF RESPONSIBILITY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH THEIR WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN S/I AGREEMENT VALUE -40,433. UNIVERSITY OF WEST FLORIDA 11000 UNIVERSITY PARKWAY PENSACOLA FL 32514 592976783 HIGHER EDUCATION FL 115(1) N/A N/A 0 WEST FLORIDA HISTORIC TRUST INC 120 CHURCH STREET PENSACOLA FL 32501 237009319 HISTORIC PRESERVATION FL 501(C)(3) 170(B)(1)(A)(IV) N/A 0 UWF BUSINESS ENTERPRISES INC 11000 UNIVERSITY PARKWAY BUILDING 1 PENSACOLA FL 32514 320367342 HIGHER ED DEVELOPMENT FL 501(C)(3) 170(B)(1)(A)(V) N/A 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 1 WEST FLORIDA HISTORIC TRUST INC (INVESTMENT HELD BY THE UNIV R 1157601 ACCRUAL ACCOUNTING UNIVERSITY OF WEST FLORIDA (CASH BALANCES HELD BY THE UNIVERSITY) S 278696 ACCRUAL ACCOUNTING UNIVERSITY OF WEST FLORIDA (SALARIES AND RELATED COSTS) O 1839891 ACCRUAL ACCOUNTING UNIVERSITY OF WEST FLORIDA (OTHER PROGRAM EXPENSES) N 615540 ACCRUAL ACCOUNTING UNIVERSITY OF WEST FLORIDA (FUNDRAISING) L 376122 ACCRUAL ACCOUNTING PART V, SECTION 2, LINE 1 EXPLANATION: THE UWF FOUNDATION ENTERTED INTO A MEMORADUM OF UNDERSTANDING WITH THE WEST FLORIDA HISTORIC TRUST, INC. "WFHT", (FORMERLY WEST FLORIDA PRESERVATION, INC.) ANOTHER DSO OF THE UNIVERSITY, WHERE WFHT MAY TRANSFER CURRENT CASH ASSETS TO THE FOUNDATION TO INVEST ON THEIR BEHALF. THESE FUNDS ARE INVESTED AS A QUASI-ENDOWMENT WITH THE UWF FOUNDATION AND ARE PART OF THE INVESTMENT POOL SUBJECT TO SPENDING AND INVESTMENT POLICIES OF THE UWF FOUNDATION. PART V, SECTION 2, LINE 2,3, AND 4 EXPLANATION: THE UWF FOUNDATION DEPOSITS FUNDS TO THE UNIVERSITY TO MANAGE AND PAY EXPENSES FOR THE FOUNDATION'S OPERATIONS. PAYROLL AND PROGRAM EXPENSES THAT ARE FUNDED FROM THE FOUNDATION ARE PAID THROUGH THE UNIVERSITY UTILIZING THESE FUNDS. AT JUNE 30, 2016, THE CASH BALANCE HELD BY THE UNIVERSITY WAS $278,696. PART V, SECTION 2, LINE 5 EXPLANATION: THE UWF FOUNDATION, THE WEST FLORIDA HISTORIC TRUST, AND THE UNIVERSITY OF WEST FLORIDA SHARE FUNDRAISING EMPLOYEES AND RELATED COSTS. THE AMOUNT OF $376,122 REPRESENTS THE AUDITED FINANCIAL STATEMENT COST FROM THE UWF FOUNDATION.