2016-04-15T17:46:22-05:00 2015-06-30 592922169 SALTMARSH CLEAVELAND & GUND 900 NORTH 12TH AVENUE PENSACOLA FL 32501 990 2014-07-01 596166292 UNIVERSITY OF WEST FLORIDA FOUNDATION INC UNIV 8504743118 11000 UNIVERSITY PKWY BLDG 12 PENSACOLA FL 325145732 SHERI POPE CHIEF FINANCIAL OFFICER 8504743880 2016-03-30 1 MOLLY MURPHY CPA P00985783 8504358300 2016-03-30 2014 2016-08-17 19:52:53Z DANIEL LUCAS 11000 UNIVERSITY PKWY BLDG 12 PENSACOLA FL 325145732 32546690 0 X WWW.UWF.EDU/FOUNDATION X 1965 FL SEE SCHEDULE O. 26 24 0 0 0 0 5017341 4606008 11591464 11965867 4141284 3713186 3347 22378 20753436 20307439 1153933 1124533 0 0 3734286 4747463 64471 6690 386453 12822438 11804978 17775128 17683664 2978308 2623775 146019741 144202001 55336398 53404406 90683343 90797595 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 11236326 11919522 STUDENT HOUSING PROGRAM - THE UWF DEPARTMENT OF HOUSING AND RESIDENCE LIFE PROVIDES HOUSING FOR APPROXIMATELY 15.2%, I.E., OVER 1,825 STUDENTS AND 86 STUDENT STAFF, OF THE UNIVERSITY'S STUDENT BODY OF 12,602. OCCUPANCY OF DORMS IS TO MEET STUDENTS' ON CAMPUS HOUSING NEEDS. IN ADDITION TO RESIDENTIAL SERVICES, HOUSING OFFERS OVER 2,500 EDUCATIONAL AND SOCIAL PROGRAMS DESIGNED TO ENHANCE THE STUDENTS' LEARNING ENVIRONMENT AS WELL AS ENRICH THE STUDENTS' COLLEGE EXPERIENCE. 1124533 1124533 STUDENT SCHOLARSHIP PROGRAM: THE UWF FOUNDATION AWARDED SCHOLARSHIPS TO 800 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 $193,215 OF FIRST GENERATION SCHOLARSHIPS DURING THE YEAR. 477169 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 UNIVERSITY BY HAVING DISTINGUISHED AND SPECIALIZED PROFESSORS TEACH STUDENTS. 2558300 0 186526 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. 2558300 0 186526 15396328 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 42 0 1 0 1 1 1 CJ 0 0 0 1 1 0 0 0 1 0 X 26 24 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 JOHN HUTCHINSON BOD CHAIR 0.30 X X 0 0 0 GORDON SPRAGUE BOD VICE-PRESIDENT 0.70 X X 0 0 0 RICHARD PETERSON BOD SECRETARY 0.60 X X 0 0 0 DAVID HIGHTOWER BOD TREASURER 0.40 X X 0 0 0 C RAY JONES PAST CHAIR 0.70 X 0 0 0 DR JUDITH BENSE DIRECTOR, UWF PRESIDENT 0.10 39.90 X 0 352075 117708 DAVID CLEVELAND BOT REP 0.60 X 0 0 0 LUKE VAN BLARICOM ALUMNI BOARD REP 0.30 X 0 0 0 DOUG DOBSON CURRENT DIRECTOR 0.20 X 0 0 0 GAIL DORSEY CURRENT DIRECTOR 0.30 X 0 0 0 RAY FLORES CURRENT DIRECTOR 0.40 X 0 0 0 RICK FOUNTAIN CURRENT DIRECTOR 0.20 X 0 0 0 ALAN GIESEMAN CURRENT DIRECTOR 0.30 X 0 0 0 TIM HAAG CURRENT DIRECTOR 0.30 X 0 0 0 JAMES HOSMAN CURRENT DIRECTOR 0.20 X 0 0 0 DENNIS LARRY CURRENT DIRECTOR 0.20 X 0 0 0 KIM MACQUEEN CURRENT DIRECTOR 0.20 X 0 0 0 DAN MCMILLIAN CURRENT DIRECTOR 0.30 X 0 0 0 JOHN PLATT FACULTY SENATE REP 0.20 X 0 0 0 STEVE RIGGS CURRENT DIRECTOR 0.20 X 0 0 0 DEBBIE RICHIE CURRENT DIRECTOR 0.20 X 0 0 0 RICHARD SANFILIPPO CURRENT DIRECTOR 0.30 X 0 0 0 MELINDA WEBB-SCWARTZ CURRENT DIRECTOR 0.20 X 0 0 0 DEVONTE WILSON SGA REP 0.20 X 0 0 0 PHILLIP WRIGHT CURRENT DIRECTOR 0.40 X 0 0 0 BRYAN WYER CURRENT DIRECTOR 0.30 X 0 0 0 SHERI POPE FORMER EXECUTIVE DIRECTOR 1.00 40.00 X 0 89308 28085 BRENDAN KELLY VP OF UNIV ADV, UWF FDN PRESIDENT 1.00 40.00 X 0 160700 10041 DANIEL LUCAS CFO 1.00 40.00 X 0 46388 5647 EVA BUTTS DIRECTOR 1.00 40.00 X 0 53516 3997 MARTHA SAUNDERS UWF EXECUTIVE/VP 1.00 40.00 X 0 252300 54115 FRANK RANELLI UWF SPECIAL ADVISOR TO PRESIDENT 1.00 40.00 X 0 199978 37967 JANE HALONEN UWF PROFESSOR 1.00 40.00 X 0 198034 18897 CHULA KING UWF CHAIRPERSON 1.00 40.00 X 0 195870 14663 DOUG WAGGLE UWF PROFESSOR 1.00 40.00 X 0 194483 35966 0 1742652 327086 0 0 1 0 JANI-KING 122 WEST PINE STREET PONCHATOULA LA 70454 JANITORIAL SERVICES 575454 PEOPLES PAINTING COMPANY 9931 HARLINGTON ST CANTONMENT FL 32533 PAINTING SERVICES 474060 COX COMMUNICATONS PO BOX 9001078 LOUISVILLE KY 40290 TELECOMMUNICATIONS 164935 CHARTWELLS 11000 UNIVERSITY PARKWAY BLDG 22 PENSACOLA FL 32514 DINING SERVICES 158869 WESCON CORPORATION PO BOX 2095 PENSACOLA FL 32513 CONSTRUCTION 124163 7 23100 4582908 1776942 4606008 RENTAL INCOME - HOUSING 721310 11556232 11556232 RENTAL INCOME - OTHER 900099 224036 224036 185599 185599 11965867 1155090 139254 1015836 21451 21451 14797347 12239251 2558096 2558096 2558096 0 23100 0 0 MISCELLANEOUS OTHER INCOME 900099 500 500 MISC. REVENUE-RELATED-990 900099 427 427 927 20307439 12106048 0 3595383 1124533 1124533 4747463 3159777 1359587 228099 7477 5888 1589 49505 12276 37229 70000 10000 60000 6690 6690 217615 3247 214368 1040555 1017019 20672 2864 578854 520971 30725 27158 357142 191972 92122 73048 1267698 1265300 1395 1003 460951 380403 43618 36930 93823 85997 4304 3522 2671048 2671048 2780677 2780677 303466 277965 25501 REPAIR/MAINTENANCE/SUPP 1387072 1387072 UNIVERSITY/STAFF SUPPOR 218394 218394 HOUSING RELATED EXPENSE 201126 201126 99575 82663 9773 7139 17683664 15396328 1900883 386453 725 725 15324450 14046459 3250980 2170155 173381 528538 145407 126949 77063892 24818502 53625450 52245390 53445982 54211134 18171987 19346691 1881379 1525960 146019741 144202001 694960 736115 53206819 51231817 1434619 1436474 55336398 53404406 X 13819593 14826031 27188685 26024342 49675065 49947222 90683343 90797595 146019741 144202001 X 2623775 -1456390 -1053133 X X 0 1 X 1 0 X 2916218 4076386 2894148 5017341 4606008 19510101 2916218 4076386 2894148 5017341 4606008 19510101 19510101 1211005 1004513 1083578 980859 1015836 5295791 76392 56137 111081 98536 179844 521990 25327882 19481442 0.77030 0.74850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70000 70000 15454349 15524349 926217 231554 0 0 725177 901512 955956 926217 3508862 5263293 70150 70150 70150 70000 280450 181294 225378 238989 231554 877215 1315823 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 45880462 1379922 10633089 -632011 -1047701 -931956 55281805 0.02860 0.79520 0.17620 0 0 1454483 1454483 74189996 24401817 49788179 465051 416685 48366 954362 954362 52245390 COMMINGLED FUNDS 15815353 F PRIVATE EQUITY FUNDS 2032648 F REAL ESTATE INVESTMENT TRUSTS 1498690 F 19346691 SPLIT INTEREST AGREEMENTS 198375 DUE TO WEST FORIDA HISTORIC TRUST, INC. 1238099 1436474 X 18822916 -1456390 -28133 -1484523 20307439 0 20307439 18708664 1025000 1025000 17683664 0 17683664 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 -28,133. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE OFF OF UNCONDITIONAL PROMISES TO GIVE 1,025,000. 0 CENTRAL AMERICA AND CARIBBEAN 0 0 INVESTMENT 16992303 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 9000 EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 19136 CENTRAL AMERICA AND CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 1200 EUROPE 0 0 PROGRAM SERVICES SCHOLARSHIPS 1111 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES SCHOLARSHIPS 4336 CENTRAL AMERICA AND CARIBBEAN 0 0 PROGRAM SERVICES SCHOLARSHIPS 9240 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES SCHOLARSHIPS 2350 NORTH AMERICA 0 0 PROGRAM SERVICES SCHOLARSHIPS 600 SOUTH AMERICA 0 0 PROGRAM SERVICES SCHOLARSHIPS 13365 0 0 0 0 0 0 17038676 13965 17052641 SCHOLARSHIPS - STUDY ABROAD EUROPE 10 19136 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - STUDY ABROAD EAST ASIA & PACIFIC 4 9000 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - STUDY ABROAD CENTRAL AMERICA/CARIBBEAN 1 1200 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERSITY MIDDLE EAST & NORTH AFRICA 4 2350 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERSITY EAST ASIA & PACIFIC 6 4336 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERSITY CENTRAL AMERICA/CARIBBEAN 9 9240 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERSITY EUROPE 4 1111 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIPS - AT UNIVERSITY NORTH AMERICA 1 600 FUNDS ON DEPOSIT N/A N/A SCHOLARSHIP - AT UNIVERSITY SOUTH AMERICA 21 13365 FUNDS ON DEPOSIT N/A N/A 1 0 0 1 1 0 PART I, LINE 2: GRANTS AND OTHER ASSISTANCE AWARDED TO INDIVIDUALS OUTSIDE THE UNITED STATES REPRESENTS STUDENT FINANCIAL AID. 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 OFFICE OF FINANCIAL AID AND THE FOUNDATION CONTINUOUSLY MONITOR STUDENT ELIGIBILITY. PART 1, LINES 4-10: 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 NEED WHICH CONTINUOUSLY MONITORS STUDENT ELIGIBILITY. X X X X X 1 CHARITABLE ADULT RIDES & SERVICES INC 4669 MURPHY CANYON 100 SAN DIEGO CA 92123 VEHICLE PROGRAM 1 40347 9157 31190 ELIZABETH G HAMBLETON 1198 BAY COURT DESTIN FL 32541 UNDERWRITING 0 13050 3915 9135 ALEXANDER HAAS 3520 PEIDMONT ROAD SITE 300 ATLANTA GA 30305 CONSULTING 0 0 69048 -69048 RUFFALO NOEL LEVITZ PO BOX 3018 CEDAR RAPIDS IA 52406 PHONATHON 0 0 19530 -19530 IMODULES PO BOX 25671 OVERLAND PARK KS 66225 ONLINE CONSTITUENT ENGAGEMENT 0 0 22655 -22655 53397 124305 -70908 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 23100 23100 23100 23100 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 799 1124533 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 348275 0 3800 0 0 0 98208 0 19500 0 469783 0 0 BRENDAN KELLY VP OF UNIV ADV, UWF FDN PRESIDENT 0 156900 0 3800 0 0 0 10041 0 0 0 170741 0 0 MARTHA SAUNDERS UWF EXECUTIVE/VP 0 248500 0 3800 0 0 0 31115 0 23000 0 306415 0 0 FRANK RANELLI UWF SPECIAL ADVISOR TO PRESIDENT 0 196178 0 3800 0 0 0 14967 0 23000 0 237945 0 0 JANE HALONEN UWF PROFESSOR 0 194234 0 3800 0 0 0 14986 0 3911 0 216931 0 0 CHULA KING UWF CHAIRPERSON 0 192070 0 3800 0 0 0 14663 0 0 0 210533 0 0 DOUG WAGGLE UWF PROFESSOR 0 190683 0 3800 0 0 0 12966 0 23000 0 230449 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 - 2010 SERIES 593010066 NONEXXXXX 2010-12-30 11717000 REFUND THE 1998 DORMITORY REVENUE BONDS 0 0 0 C 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 D ESCAMBIA COUNTY FLORIDA HOUSING FINANCE AUTHORITY - 2015 SERIES 593010066 NONEXXXXX 2015-03-10 14393000 REFUND THE 2005 DORMITORY REVENUE BOND 0 0 0 A 15000000 1000000 969221 136000 12894779 2010 0 0 1 1 B 11717000 11619336 97664 1 0 1 1 C 16189083 316533 15306709 2012 0 0 1 1 D 14270000 14393000 123280 1 0 1 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 X 44 31190 IMMEDIATE SALE OF ITEM X 6 982388 SALE, PRICE AVERAGING X 2 0 SEE COMMENTS - PART II X SHARED SERVICES 1 763364 PER FASB ASC 958 X GIFT SERVICES 18 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 26 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 A NUMBER OF BOOKS, LP'S, CASSETTES, TAPES, AND JAPANESE BRIDAL KIMONA. 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. 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, PARTICIPATE IN DISCUSSION OR BE PRESENT AT THE TIME OF THE VOTE. 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 -28,133. WRITE OFF OF UNCONDITIONAL PROMISES TO GIVE -1,025,000. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS AUDIT OVERSIGHT PROCESS DURING THE TAX YEAR. 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 1238099 ACCRUAL ACCOUNTING UNIVERSITY OF WEST FLORIDA (CASH BALANCES HELD BY THE UNIVERSITY) S 379617 ACCRUAL ACCOUNTING UNIVERSITY OF WEST FLORIDA (SALARIES AND RELATED COSTS) O 2603345 ACCRUAL ACCOUNTING UNIVERSITY OF WEST FLORIDA (OTHER PROGRAM EXPENSES) N 603919 ACCRUAL ACCOUNTING UNIVERSITY OF WEST FLORIDA (FUNDRAISING) L 386453 ACCRUAL ACCOUNTING PART V; SECTION 2, LINE 1 THE UWF FOUNDATION ENTERED INTO A MEMORANDUM OF UNDERSTANDING WITH THE WEST FLORIDA HISTORIC TRUST, INC. ("WFHT"), 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 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, 2015, THE CASH BALANCE HELD BY THE UNIVERSITY WAS $379,617. PART V; SECTION 2, LINE 5 THE UWF FOUNDATION, THE WEST FLORIDA HISTORIC TRUST, AND THE UNIVERSITY OF WEST FLORIDA SHARE FUNDRAISING EMPLOYEES AND RELATED COSTS. THE AMOUNT OF $386,453 REPRESENTS THE AUDITED FINANCIAL STATEMENT COST FROM THE UWF FOUNDATION.