2016-11-11T13:32:54-06:00 2016-06-30 540565834 MITCHELL WIGGINS & COMPANY LLP 1802 BAYBERRY COURT SUITE 300 RICHMOND VA 23226 990 2015-07-01 540757884 VIRGINIA COMMONWEALTH UNIVERSITY FOUNDATION VIRG 8048289292 PO BOX 843075 RICHMOND VA 232843075 TIMOTHY A GRAF TREASURER 8048289292 2016-11-07 1 M JAMES HARTSON JR CPA P00590214 8042826000 2015 2017-02-10 21:41:12Z THOMAS C BURKE PO BOX 843075 RICHMOND VA 232843075 29510560 0 X WWW.VCUF.ORG X 1917 VA TO SUPPORT THE EDUCATIONAL,SCIENTIFIC & CHARITABLE ACTIVITIES OF VCU. 22 22 0 0 0 0 15163540 14627264 0 0 847292 661529 726003 712865 16736835 16001658 14066525 15908527 0 0 0 0 0 0 68460 5606471 1088344 19672996 16996871 -2936161 -995213 124110589 120425358 37766035 36421251 86344554 84004107 TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VIRGINIA COMMONWEALTH UNIVERSITY AND RELATED ORGANIZATIONS. 0 0 16687668 15908527 712865 TO SUPPORT VIRGINIA COMMONWEALTH UNIVERSITY AND RELATED ORGANIZATIONS THROUGH THE MANAGEMENT OF INVESTED FUNDS AND THE ADMINISTRATION OF ACCOUNTS. 16687668 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X X ORGANIZATION 8048289292 700 WEST GRACE STREET RICHMOND VA 23284 X JOE NADDER TRUSTEE 1.00 X 0 0 0 PAGE W BOND TRUSTEE 1.00 X 0 0 0 MADISON WOOTTEN TRUSTEE 1.00 X 0 0 0 WILLIAM M GINTHER EX-OFFICO TRUSTEE 1.00 X 0 0 0 JOHN GRIER TRUSTEE 1.00 X 0 0 0 JOHN JACOBY TRUSTEE 1.00 X 0 0 0 CAROL MCCOY VICE PRESIDENT 1.00 X X 0 0 0 DIANE LEOPOLD PRESIDENT 1.00 X X 0 0 0 HATTIE HAMLIN TRUSTEE 1.00 X 0 0 0 GLORIA M HINTZ TRUSTEE 1.00 X 0 0 0 NEIL AMIN TRUSTEE 1.00 X 0 0 0 THOMAS BENEDETTI TRUSTEE 1.00 X 0 0 0 JOHN FAIN TRUSTEE 1.00 X 0 0 0 DR ROBERT MARCHANT TRUSTEE 1.00 X 0 0 0 GAIL MOSKOWTIZ TRUSTEE 1.00 X 0 0 0 JOHN C NEAL TRUSTEE 1.00 X 0 0 0 DR MICHAEL RAO EX-OFFICO TRUSTEE 1.00 X 0 0 0 MARK D HANSAN TRUSTEE 1.00 X 0 0 0 ELIZABETH A MASON TRUSTEE 1.00 X 0 0 0 PATRICIA WILKERSON TRUSTEE 1.00 X 0 0 0 TRACY KEMP STALLINGS TRUSTEE 1.00 X 0 0 0 COLLETTE MCEACHIN TRUSTEE 1.00 X 0 0 0 TIMOTHY GRAF TREASURER 3.00 X 0 0 0 THOMAS C BURKE SECRETARY 40.00 X 0 0 0 0 0 0 0 0 0 0 0 14627264 438533 14627264 969505 969505 13200926 13508902 -307976 -307976 -307976 ADMINISTRATIVE FEES 900099 712865 712865 712865 16001658 712865 0 661529 15908527 15908527 274600 29340 176800 68460 9985 9985 21900 21900 528099 528099 BAD DEBTS 144735 144735 MISCELLANEOUS 32058 32058 CHANGE IN VALUE OF CHAR 31380 31380 TRANSFERS TO AFFILIATE 28947 28947 16640 16640 16996871 16687668 240743 68460 26733924 28162643 18172681 14917835 270204 16890 16890 0 0 55923582 55931647 21755253 20143268 1254945 1269965 124110589 120425358 626651 1293331 37139384 35127920 37766035 36421251 X 2850931 2792426 57885385 53335847 25608238 27875834 86344554 84004107 124110589 120425358 -995213 -1345234 0 X X 0 1 X 1 0 X 12091313 22255318 17864532 15163540 14627264 82001967 12091313 22255318 17864532 15163540 14627264 82001967 4998092 77003875 733265 714691 791525 805300 969505 4014286 529904 535191 1426561 726003 712865 3930524 89946777 0.85610 0.87710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 0 38339686 2267596 -539116 1416011 38652155 36527990 2273294 991871 1453469 38339686 33126132 1861403 3997328 2456873 36527990 30639951 1035421 3388091 1937331 33126132 31061116 543803 288193 1253161 30639951 0.72120 0.27880 0 0 16890 16890 0 0 ALTERNATIVE INVESTMENT - RELATIVE VALUE 3746899 F ALTERNATIVE INVESTMENT - OPPORTUNISTIC/MACRO 4540302 F ALERTNATIVE INVESTMENT - LONG/SHORT EQUITIES 2840646 F ALTERNATIVE INVESTMENT - EVENT DRIVEN/MERGER ARBITRAGE 3131636 F ALTERNATIVE INVESTMENT - DIVERSIFIED STRATEGIES 2591171 F ALTERNATIVE INVESTMENT - REAL ESATE 3292614 F 20143268 LIFE ANNUITIES 351231 DEPOSITS HELD FOR VCU 25974186 DEPOSITS HELD FOR VCU INTELLECTUAL PROPERTY FOUNDATION 1011305 DEPOSITS HELD FOR VCU ALUMNI ASSOCIATION 744013 DEPOSITS HELD FOR VCU REAL ESTATE FOUNDATION 7047185 35127920 X 14656424 -1345234 -1345234 16001658 0 16001658 16996871 0 16996871 0 16996871 PART III, LINE 4: COLLECTION ITEMS ACQUIRED THROUGH PURCHASE OR DONATION ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. THE FOUNDATION'S COLLECTION ITEMS INCLUDE TWO WORKS OF FINE ART, BOTH OF WHICH ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM THE SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTION. PART V, LINE 4: THE VARIOUS ENDOWMENTS WERE ESTABLISHED TO SUPPORT THE FOUNDATION AND ITS MISSION. PART X, LINE 2: THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AT JUNE 30, 2016. THE FOUNDATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES, IF APPLICABLE. THE FOUNDATION DID NOT INCUR ANY PENALTIES OR INTEREST EXPENSE FOR THE YEAR ENDED JUNE 30, 2016. 1 VIRGINIA COMMONWEALTH UNIVERSITY 912 W FRANKLIN POST OFFICE BOX 843035 RICHMOND VA 232843035 546001758 115 15908527 THE FOUNDATION EXISTS SOLELY TO ASSIST, SUPPORT, AND FOSTER VIRGINIA COMMONWEALTH UNIVERSITY IN ALL PROPER WAYS THAT FROM TIME TO TIME BE APPROVED BY THE TRUSTEES OF THE FOUNDATION WITH THE GUIDANCE OF THE UNIVERSITY. THE FOUNDATION MANAGES AND DISTRIBUTES CURRENT AND ENDOWMENT GIFTS FOR ALL SCHOOLS, DEPARTMENTS, AND PROGRAMS THROUGHOUT THE UNIVERSITY WITH MAJOR EMPHASIS ON PROGRAMS FOR THE MONROE PARK CAMPUS. TO ASSIST AND SUPPORT THE OPERATIONS OF VIRGINIA COMMONWEALTH UNIVERSITY FOUNDATION, WHOSE MISSION IS TO SUPPORT THE VCU SCHOOL OF ENGINEERING. 1 X 49 438533 QUOTED MARKET VALUES 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION DISTRIBUTES A COPY OF THE FORM 990 TO ALL MEMBERS OF THE EXECUTIVE COMMITTEE AND AUDIT COMMITTEE AND MAKES IT AVAILABLE FOR ALL OTHER BOARD MEMBERS PRIOR TO THE FORM BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES OFFICERS, DIRECTORS AND KEY EMPLOYEES, ON AN ANNUAL BASIS, TO SIGN A CONFLICT OF INTEREST STATEMENT AND TO DISCLOSE THE EXISTENCE OF ANY CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION POSTS ITS CURRENT AUDITED FINANCIAL STATEMENTS AND FORM 990 ON ITS WEB SITE, EACH YEAR. IN ADDITION, COPIES OF THE AUDITED FINANCIAL STATEMENTS ARE SENT ELECTRONICALLY TO ALL DIRECTORS. 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 XII - LINE 2(C) THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.