2016-11-15T10:31:14-06:00 2016-06-30 540565834 MITCHELL WIGGINS & COMPANY LLP 1802 BAYBERRY COURT SUITE 300 RICHMOND VA 23226 990 2015-07-01 541808901 VIRGINIA COMMONWEALTH UNIVERSITY SCHOOL OF ENGINEERING FOUNDATION VIRG 8048281475 601 WEST MAIN STREET ROOM 433 RICHMOND VA 232843068 PAUL F ROCHELEAU EXEC. DIR. STRATEGIC PROGRAMS 8048281475 2016-11-10 1 M JAMES HARTSON JR CPA P00590214 8042826000 2015 2017-02-10 21:41:12Z PAUL F ROCHELEAU 601 WEST MAIN STREET-ROOM 433 RICHMOND VA 232843068 10573202 0 X WWW.EGR.VCU.EDU X 1995 VA TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VCU SCHOOL OF ENGINEERING. 23 23 0 0 0 -36238 1034333 960965 3216395 3188564 870419 3458633 279256 17153 5400403 7625315 2626487 2485153 0 0 0 0 0 0 0 4736835 4456816 7363322 6941969 -1962919 683346 132581831 122831357 89584643 86409888 42997188 36421469 TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VIRGINIA COMMONWEALTH UNIVERSITY SCHOOL OF ENGINEERING. 0 0 6883120 2485153 3205717 SUPPORT VIRGINIA COMMONWEALTH UNIVERSITY THROUGH THE MANAGEMENT OF THE SCHOOL OF ENGINEERING PROPERTY AND FUNDS. 6883120 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 1 1 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X THE ORGANIZATION 8048281475 601 WEST MAIN STREET ROOM 433 RICHMOND VA 232843068 X TEMPLE P BALLARD TRUSTEE 1.00 X 0 0 0 WILLIAM H GOODWIN JR CHAIRMAN EMERITUS 1.00 X X 0 0 0 PAUL F ROCHELEAU TRUSTEE 1.00 X 0 0 0 JENNIFER BOYKIN TRUSTEE 1.00 X 0 0 0 DAVID E BARLOW TRUSTEE 1.00 X 0 0 0 MARK CRUISE VICE PRESIDENT 1.00 X X 0 0 0 CHRISTOPHER A GROOME TRUSTEE 1.00 X 0 0 0 STEVE HENDERSON TRUSTEE 1.00 X 0 0 0 WILLIAM K LAMP TRUSTEE 1.00 X 0 0 0 JOHN A LUKE JR TRUSTEE 1.00 X 0 0 0 STEVEN R LINDGREN TRUSTEE 1.00 X 0 0 0 DR NIMISHA MUKHERJEE TRUSTEE 1.00 X 0 0 0 HUGH A JOYCE TRUSTEE 1.00 X 0 0 0 TIN MYINT TRUSTEE 1.00 X 0 0 0 JASON ROE TRUSTEE 1.00 X 0 0 0 MARY DOSWELL PRESIDENT 1.00 X X 0 0 0 GREG SITKIEWICZ TRUSTEE 1.00 X 0 0 0 DR MICHAEL RAO EX-OFFICIO TRUSTEE 1.00 X 0 0 0 BARBARA D BOYAN EX-OFFICIO TRUSTEE 1.00 X 0 0 0 R SCOTT RASH EX-OFFICIO TRUSTEE 1.00 X 0 0 0 LARRY CUMMINGS TRUSTEE 1.00 X 0 0 0 HANS DE KONING TRUSTEE 1.00 X 0 0 0 THOMAS E GOTTWALD TRUSTEE 1.00 X 0 0 0 MARTIN PRAKKEN TRUSTEE 1.00 X 0 0 0 BRIAN RIOPELLE TRUSTEE 1.00 X 0 0 0 JEFFREY T STANFIELD TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 960965 6493 960965 RENT FROM V.C.U. 531120 3188564 3188564 3188564 14921 14921 3631599 2760000 2418426 529461 1213173 2230539 3443712 3443712 MISCELLANEOUS 900099 17153 17153 17153 7625315 3205717 0 3458633 2485153 2485153 1802 1802 18500 18500 875 875 7712 5311 2401 3405 3405 4529 2970 1559 1722383 1722383 2389117 2384713 4404 21006 14745 6261 OTHER EXPENSES 250710 227663 23047 LIFE INSURANCE EXPENSE 36084 36084 BAD DEBT EXPENSE 693 693 6941969 6883120 58849 0 294896 170137 1238982 3356387 963412 805312 74941778 27740795 49496977 47200983 79890066 70686817 697498 611721 132581831 122831357 60520293 57751972 26352820 24441386 975504 1736026 4216530 89584643 86409888 X 25570531 20606699 4839109 3221403 12587548 12593367 42997188 36421469 132581831 122831357 X 683346 -5806662 -1452403 X X 0 1 X 1 0 X 3962015 1619185 725644 1034333 960965 8302142 3962015 1619185 725644 1034333 960965 8302142 3012649 5289493 31808 64330 4843 937 14921 116839 8418981 17533596 0.62830 0.62930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73043634 2873744 -4578404 4161973 67177001 74723514 1023923 2112046 4815849 73043634 15936943 53431328 9198660 3843417 74723514 15907399 22828 597619 590903 15936943 14984741 146129 1553401 776872 15907399 0.76920 0.18740 0.04340 0 0 2800000 3112659 5912659 68997682 27731003 41266679 31437 9792 21645 47200983 INTERNATIONAL FUND 13614597 F LONG/SHORT HEDGED EQUITY FUNDS 56658279 F CASH SURRENDER VALUE OF INVESTMENTS 413941 F 70686817 X 366250 -5806662 -1452403 -7259065 7625315 0 7625315 6941969 0 6941969 0 6941969 PART V, LINE 4: THE VARIOUS ENDOWMENTS WERE ESTABLISHED TO SUPPORT THE FOUNDATION AND ITS MISSION. PART X, LINE 2: THE FOUNDATION FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS" THAT PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE FOUNDATION'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE TAX YEARS OF 2013 TO 2015 REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. THE FOUNDATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES. THE ORGANIZATION DID NOT HAVE PENALTIES AND INTEREST EXPENSES FOR THE YEAR ENDED JUNE 30, 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE SWAP -1,452,403. 1 VIRGINIA COMMONWEALTH UNIVERSITY 912 W FRANKLIN STREET POST OFFICE BOX 843035 RICHMOND VA 232843035 546001758 115 1240193 1244960 PRESENT VALUE ADJUSTMENT FOR ACCRUED CONTRIBUTION TO VCU FOR FUTURE RENT ASSISTANCE IS PROVIDED IN ORDER TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VIRGINIA COMMONWEALTH UNIVERSITY. 1 FORM 990, PART VI, SECTION B, LINE 11 NONE. FORM 990, PART VI, SECTION B, LINE 12C THEY ARE REQUIRED TO DISCLOSE ANY AND ALL POSSIBLE CONFLICTS OF INTEREST AT LEAST ANNUALLY OR AS THEY ARISE. FORM 990, PART VI, SECTION C, LINE 19 IT IS THE POLICY OF THE ORGANIZATION TO MAKE AVAILABLE COPIES OF FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFICT OF INTEREST INFORMATION AND OTHER DOCUMENTS TO THE PUBLIC. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON INTEREST RATE SWAP AGREEMENT -1,452,403. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.