2016-10-31T14:55:40-05:00 2016-06-30 390758449 Wipfli LLP 7601 France Avenue South Suite 400 Minneapolis MN 55435 990 2015-07-01 396064630 University of Wisconsin - River Falls Foundation Inc UNIV 7154253505 410 South Third Street River Falls WI 54022 Christopher Mueller President 7154253505 2016-10-25 1 Lisa Desotelle CPA P00952721 9525483400 2016-10-25 2015 2017-02-10 21:41:12Z Christopher Mueller 410 South Third Street River Falls WI 54022 18446781 0 X www.uwrf.edu/alumni X 1948 WI To Benefit the University of Wisconsin - River Falls. 21 21 7 58 157 0 2754854 3070248 59984 52385 1540138 -404834 99282 92796 4454258 2810595 1826509 2304307 0 0 269215 352349 26000 6622 141805 574239 594840 2695963 3258118 1758295 -447523 23921628 23709780 178446 133583 23743182 23576197 X An independent, not for profit Wisconsin corporation, the UWRF Foundation is organized solely for the benefit of the University of Wisconsin-River Falls. Private giving to the Foundation is essential in raising the level of excellence at the University. Through support of the University's goals and objectives, the Foundation is committed to engaging people who care about the University , and who have the dedication to promote and support the initiatives of the University. The Foundation manages funds according to the wishes of the donors, promotes a culture of philanthropy, and adheres to the ethical and conscientious stewardship of all gifts. 0 0 1247348 1247348 0 Scholarships and awards - Scholarships are paid to students enrolled at the University of Wisconsin - River Falls. Donees are selected on the basis of scholastic merit, leadership, etc. by the scholarship committee of the Foundation. Individual donors of scholarships may not specify individual donees of funds. 1002 scholarships were awarded in 2015. 711959 711959 0 Special Projects for University Related Activities- Disbursements of this type are for payments to enhance and support the activities of the University of Wisconsin - River Falls including, but not limited to the following: Travel, Awards & Recognition, Memberships, Conferences, Equipment, and Capital Improvements. 345000 345000 0 UNIVERSITY OF WISCONSIN-RIVER FALLS EQUINE PROGRAM - STUDENTS LEARN TO RIDE AND CARE FOR THE HORSES. THE UNIVERSITY OF WISCONSIN - RIVER FALLS FOUNDATION ACCEPTED AND PROVIDED 8 HORSES DURING THE YEAR TO THE UNIVERSITY. 2304307 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CO DC KY ME MD MI MN NH NJ NY OH OR SC UT WA WV WI X CHRISTOPHER MUELLER 7154253505 410 South Third Street River Falls WI 54022 X George Beestman Director 1.00 X 0 0 0 Laura Carlson Peterson Director (thru December) 1.00 X 0 0 0 Jeff Cernohous Director 1.00 X 0 0 0 Derek Cherne Director 1.00 X 0 0 0 Kathy DeLonais Director 1.00 X 0 0 0 James Graham Director 1.00 X 0 0 0 Suzanne Hagen Director 1.00 X 0 0 0 Karen Handorf Director 1.00 X 0 0 0 Deborah Hanson Director 1.00 X 0 0 0 Joseph Harbouk Director 1.00 X 0 0 0 Robert Kotecki Director (thru December) 1.00 X 0 0 0 Kathy Lindahl Director 1.00 X 0 0 0 Jim J Musel Director (thru December) 1.00 X 0 0 0 Brent Niccum Director 1.00 X 0 0 0 John Rosenow Director (thru December) 1.00 X 0 0 0 Gary Thibodeau Director 1.00 X 0 0 0 Greg Wheelock Director 1.00 X 0 0 0 Tayt Wuethrich Director 1.00 X 0 0 0 Lawrence W York Director 1.00 X 0 0 0 Shannon Zimmerman Director 1.00 X 0 0 0 Robert Casey Chair 1.00 X X 0 0 0 William Boehm Vice Chair 1.00 X X 0 0 0 Barbara Butler Treasurer 1.00 X X 0 0 0 Mark J Gherty Secretary (thru December) 1.00 X X 0 0 0 Margaret Keating Secretary 1.00 X X 0 0 0 Christopher Mueller President 6.00 X 19570 0 5210 19570 0 5210 0 0 0 0 University of Wisconsin River Falls 410 south third Street river falls WI 54022 IT & Personnel Services 338569 1 5496 3064752 359849 3070248 Administrative Fees 900099 52385 52385 52385 516102 157 515945 83158 83158 14711523 15632459 -920936 -920936 -920936 13365 5496 3727 9638 9638 2810595 0 157 -259810 978186 978186 1326121 1326121 25673 25673 258615 258615 68061 68061 214882 214882 1123 1123 15424 15424 6622 6622 104861 104861 29632 29632 1079 1079 142637 27361 115276 35434 35434 1693 1693 19907 19907 11754 11754 8814 8814 Bad Debt Expense 7600 7600 3258118 2304307 812006 141805 47831 47456 4909899 3626623 1187475 1369196 33987 32864 141509 74803 78460 66706 17230499 15659266 433477 2907669 23921628 23709780 58676 90828 119770 42755 178446 133583 X 4082306 3456957 10631855 10358031 9029021 9761209 23743182 23576197 23921628 23709780 -447523 280538 0 X 0 1 X 1 0 X 3467133 3009453 3114446 2587854 3070248 15249134 3467133 3009453 3114446 2587854 3070248 15249134 950514 14298620 491159 567152 671909 760753 599103 3090076 52 87 157 296 18339506 985455 0.77970 0.72950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14889259 973604 -213990 786491 14862382 14808284 762659 262502 524855 419331 14889259 13285746 596858 1818364 486852 405832 14808284 12230287 475749 1203954 624244 13285746 10854862 464995 -442547 199789 162705 10514816 0.11270 0.65680 0.23050 0 0 78989 16344 62645 62520 58459 4061 66706 Annuities 63595 F Alternative investments 2765917 F Beneficial Interest in charitable remainder trust 78157 F 2907669 Gift Annuity payable 42755 42755 X 2622550 280538 -7600 272938 2349612 104861 356122 460983 2810595 2789535 3727 3727 2785808 104861 367449 472310 3258118 Part V, Line 4: Endowment funds are used to provide scholarships and to promote university activities. Part X, Line 2: The foundation is required to assess whether it is more likely than not that a tax position will be sustained upon examination on the technical merits of the position, assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more-likely-than-not recognition threshold, the benefit of that position is not recognized in the financial statements. The foundation has determined there are no amounts to record as assets or liabilities related to uncertain tax positions. Part XI, Line 2d - Other Adjustments: Bad Debt Expense -7,600. Part XI, Line 4b - Other Adjustments: Donated Horses 359,849. FUNDRAISING EXPENSES -3,727. Part XII, Line 2d - Other Adjustments: Fundraising Expense 3,727. Part XII, Line 4b - Other Adjustments: Donated Horses 359,849. Bad Debt Expense 7,600. DON PAGE GOLF EVENT 18861 5496 13365 885 2842 18861 5496 13365 885 2842 3727 9638 1 University of wisconsin - river falls 410 S Third Street River Falls WI 54022 391805963 University 574348 University activities and events University of wisconsin - river falls 410 S Third Street River Falls WI 54022 391805963 University 20413 Academic/Admin Funds University of wisconsin - river falls 410 S Third Street River Falls WI 54022 391805963 University 23576 Chancellor funds University of wisconsin - river falls 410 S Third Street River Falls WI 54022 391805963 University 345000 Donor Valued Horses and other non cash Assets THE HORSES ARE USED IN THE EQUINE PROGRAM. STUDENTS LEARN HOW TO RIDE AND CARE FOR THE HORSES. University of wisconsin - river falls 410 S Third Street rIver Falls WI 54022 391805963 uNIversity 14849 dONOr Valued Camera Equipment Provide University with high quality camera equipment. 1 0 Scholarships to attend the University of Wisconsin - river falls 722 1247348 Faculty grants recognizing outstanding service to the university of wisconsin - river falls 11 6500 Part I, Line 2: Every recipient is required to abide by our fund expenditure guidelines and Each funds purpose statement when requesting assistance from the foundation. This is monitored by our accounting department. X Animals - horses 8 345000 Donor Valued X Camera 1 14849 Donor Valued 2 0 1 0 Form 990, Part VI, Section A, line 4 THE ORGANIZATION AMENDED THEIR BYLAWS ON 02/22/2016. THE AMENDMENTS INCLUDE THE FOLLOWING: ARTICLE II: BOARD OF DIRECTORS, SECTION 2.A - THE ORGANIZATION ADDED THE FOLLOWING LANGUAGE: "AFTER AN ABSENCE OF ONE YEAR FROM THE BOARD, A DIRECTOR'S NAME MAY AGAIN BE PLACED IN NOMINATION FOR A NEW THREE YEAR TERM." ARTICLE IV: OFFICERS, SECTION 6.E - THE ORGANIZATION ADDED THE FOLLOWING DUTIES AND ABILITIES TO THE IMMEDIATE PAST CHAIR ROLE: "THE IMMEDIATE PAST CHAIR SHALL SERVE AS A VOTING MEMBER ON THE BOARD OF DIRECTORS, EXECUTIVE COMMITTEE, AND ANY OTHER COMMITTEE(S) TO WHICH HE OR SHE IS APPOINTED." ARTICLE V. COMMITTEES, SECTION 4 - THE ORGANIZATION ADDED THE FOLLOWING LANGUAGE TO THE FINANCE COMMITTEE: "THE UNIVERSITY'S CHIEF BUSINESS OFFICER SHALL SERVE AS AN EX-OFFICIO, NON-VOTING MEMBER." Form 990, Part VI, Section B, line 11 The board audit committee reviews the form 990 and poses questions to be answered prior to filing. They provide a copy of the form 990 to board members during a meeting prior to filing with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Each board member and officer annually signs a document disclosing any conflict of interest. these statements are reviewed by the board annually. If a conflict of interest is disclosed by a member, that member shall recuse them self from any action concerning the nature of the conflict, including abstaining from voting on any issue, or scholarship consideration related to the conflict of interest. If a conflict of interest is discovered after one has not been voluntarily disclosed, the chair of the board and the president shall discuss the conflict with the member. If it is determined a conflict does exist, the member shall then recuse them self, as noted earlier. If the member refuses to recuse him or herself, the chair shall bring the matter to that board to remove the member from the board. Form 990, Part VI, Section B, line 15 Compensation is determined by University of Wisconsin. The percentage of compensation invoiced is determined by comparable positions within the University of Wisconsin system. Form 990, Part VI, Section C, line 19 Governing documents are available upon request. financial information is published in part in the alumni magazine - falcon features. Form 990, Part VII The University of Wisconsin invoices University of Wisconsin - River Falls Foundation for 15% of salary and benefits for services to the Foundation. Chris Mueller - $24,780.