2016-05-16T17:08:19-05:00 2015-06-30 350921680 CROWE HORWATH LLP 9600 Brownsboro Road Suite 400 Louisville KY 402411122 990 2014-07-01 472373203 University of Louisville Real Estate Foundation Inc UNIV 5028525406 215 Central Ave Louisville KY 40208 Jason Tomlinson CFO & Assistant Treasurer 2016-05-13 true RACHEL SPURLOCK P00520729 5023263996 2014 2016-08-17 19:52:53Z X Dr James R Ramsey 215 Central Ave Louisville KY 40208 7045648 false X NA X 2014 KY TO ACQUIRE, MAINTAIN, IMPROVE, LEVERAGE, MANAGE, LEASE, AND CONVEY REAL AND PERSONAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY. 9 9 0 8 0 0 7045648 0 0 0 0 7045648 0 0 0 0 0 89635 89635 0 6956013 0 11491564 0 4203931 0 7287633 TO ACQUIRE, MAINTAIN, IMPROVE, LEVERAGE, MANAGE, LEASE, AND CONVEY REAL AND PERSONAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY. false false 89635 0 0 TO ACQUIRE, MAINTAIN, IMPROVE, LEVERAGE, MANAGE, LEASE, AND CONVEY REAL AND PERSONAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY. 89635 true true false false false false false false false false true true false false false true false true false false false false false false false false false false false false false false false false false false false false true false false false true true false false false true 0 0 0 false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true false false true false KY X Jason Tomlinson 5028525406 215 Central Ave Suite 304 Louisville KY 40208 X Dr James R Ramsey PRESIDENT/CEO 0 X X 0 0 0 Frank Weisberg CHAIRMAN 0.50 0 X X 0 0 0 Debbie Scoppechio VICE CHAIRMAN 0.50 0 X X 0 0 0 AUDWIN HELTON SECRETARY 0.50 0 X X 0 0 0 SANDY METTS SNOWDEN TREASURER 0.50 0 X X 0 0 0 Charles Denny DIRECTOR 0.50 0 X 0 0 0 Dr Salem George DIRECTOR 0.50 0 X 0 0 0 ROBERT KOETTER DIRECTOR 0.50 0 X 0 0 0 DICK SWOPE DIRECTOR 0.50 0 X 0 0 0 Kathleen M Smith CHIEF OF STAFF/ASSISTANT SECRETARY 0 X 0 0 0 Richard J Tomlinson CFO/ASSISTANT TREASURER 0 X 0 0 0 0 0 0 0 false false false 0 7045648 3170689 7045648 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7045648 0 0 0 X 32861 32861 56355 56355 0 0 BANK FEES 419 419 0 0 0 0 89635 89635 0 0 2503607 0 0 8007857 0 8007857 0 980100 0 0 0 0 11491564 1451042 2752889 0 0 0 4203931 X 7287633 0 7287633 0 11491564 X 6956013 331620 X false true X true false X 7045648 7045648 0 0 0 0 7045648 7045648 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7045648 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7045648 7045648 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3170689 3170689 4837168 4837168 8007857 INVESTMENT IN PARTNERSHIPS 980100 C 980100 0 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote ULREF WILL APPLY FOR A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE EXEMPTING IT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. ULREF IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. X 1 3170689 Market value 0 false false false Schedule M, Part I Explanations of reporting method for number of contributions Real estate - Commercial: ONE CONTRIBUTION OF ONE ITEM Form 990, Part VI, Line 15 COMPENSATION DETERMINATION COMPENSATION IS NOT PAID THROUGH THIS ORGANIZATION. THEREFORE 15A AND 15B HAVE BEEN MARKED NO IN ACCORDANCE WITH THE 990 INSTRUCTIONS. Form 990, Part VI, Line 12a CONFLICT OF INTEREST POLICY THE ORGANIZATION FOLLOWS THE POLICIES AND PROCEDURES PUT IN PLACE BY THE UNIVERSITY OF LOUISVILLE FOUNDATION. Form 990, Part VI, Line 13 WHISTLEBLOWER POLICY THE ORGANIZATION FOLLOWS THE POLICIES AND PROCEDURES PUT IN PLACE BY THE UNIVERSITY OF LOUISVILLE FOUNDATION. Form 990, Part VI, Line 14 DOCUMENT RETENTION AND DESTRUCTION POLICY THE ORGANIZATION FOLLOWS THE POLICIES AND PROCEDURES PUT IN PLACE BY THE UNIVERSITY OF LOUISVILLE FOUNDATION. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE CONSISTS OF FIVE INDIVIDUALS ALL OF WHOM ARE DIRECTORS OF ULREF. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD, BUT SHALL NOT HAVE THE AUTHORITY OF THE BOARD IN REFERENCE TO AMENDING, ALTERING, OR REPEALING ORGANIZATION'S BY-LAWS; ELECTING, ALTERING OR REMOVING ANY MEMBER OF THE EXECUTIVE COMMITTEE OR ANY DIRECTOR OR OFFICER OF THE ORGANIZATION; AMENDING OR RESTATING THE ARTICLES OF INCORPORATION; ADOPTING A PLAN OF MERGER, OR ADOPTING A PLAN OF CONSOLIDATION, WITH ANOTHER CORPORATION; AUTHORIZING THE SALE, LEASE, EXCHANGE OR MORTGAGE OF SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE ORGANIZATION; AUTHORIZING THE VOLUNTARY DISSOLUTION OF THE ORGANIZATION, OR REVOKING PROCEEDINGS THEREFOR; ADOPTING A PLAN FOR THE DISTRIBUTION OF THE ASSETS OF THE ORGANIZATION OR AMENDING, ALTERING, OR REPEALING ANY RESOLUTION OF THE BOARD WHICH BY ITS TERMS PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED OR REPEALED BY THE EXECUTIVE COMMITTEE; OR DOING ANY OTHER ACT FORBIDDEN BY LAW OR BY THE ARTICLES OF INCORPORATION. Form 990, Part VI, Line 11b Review of form 990 by governing body ULREF FINANCE PERSONNEL AND AN OUTSIDE FIRM PREPARED THE RETURN. A COPY OF THE RETURN WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy IF AN ITEM IS PRESENTED TO THE BOARD OF DIRECTORS (OR ANY OTHER POLICY BOARD) FOR ACTION, THE BOARD MEMBER WILL DISCLOSE HIS OR HER POSSIBLE CONFLICT OF INTEREST AND MUST RECUSE HIMSELF OR HERSELF FROM VOTING. THE BOARD MEMBER ALSO AVOIDS PARTICIPATING IN ANY DECISION OR ADVOCATING FOR ANY DECISION OF THE BOARD REGARDING THAT MATTER. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. Form 990, Part IX, Line 11g Other Fees ARCHITECTURAL AND ENGINEERING - Total Expense: 16500, Program Service Expense: 16500, Management and General Expenses: , Fundraising Expenses: ; CONSULTING - Total Expense: 39855, Program Service Expense: 39855, Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances NONCONTROLLING INTEREST - 331620; INSTITUTE FOR PRODUCT REALIZATION LLC 215 CENTRAL AVENUE SUITE 304 LOUISVILLE KY 40208 474067136 REAL ESTATE KY 0 0 UNIVERSITY OF LOUISVILLE REAL ESTATE FOUNDATION INC CAMPUS THREE LLC 10172 LINN STATION ROAD LOUISVILLE KY 40223 455325240 REAL ESTATE KY UNIVERSITY OF LOUISVILLE REAL ESTATE FOUNDATION INC Related 0 0 false 0 true 0.51 220 SOUTH PRESTON LLC 600 N HURSTBOURNE PKWY SUITE 300 LOUISVILLE KY 40222 472248637 PARKING KY UNIVERSITY OF LOUISVILLE REAL ESTATE FOUNDATION INC Related 0 0 false 0 true 0.8 UL ADDITIVE MANUFACTURING COMPETENCY CENTER LLC 215 CENTRAL AVENUE SUITE 304 LOUISVILLE KY 40208 474073648 TRAINING FOR ADDITIVE MANUFACTURING KY INSTITUTE FOR PRODUCT REALIZATION LLC Related 0 0 false 0 true 0.5 false false false false false false false false false false false false false false false false false false false