2016-02-12T14:31:24-06:00 2015-06-30 621170651 BROWN JAKE & MCDANIEL PC 2607 KINGSTON PIKE SUITE 110 KNOXVILLE TN 379193336 990 2014-07-01 621844686 THE UNIVERSITY OF TENNESSEE FOUNDATION INC UNIV 8659741558 600 HENLEY STREET SUITE 100 KNOXVILLE TN 37996 LISA TAYLOR CFO & TREASURER 8659741558 2016-02-12 true JAMES E BOOHER CPA P00286127 8656378600 2016-02-12 2014 2016-08-17 19:52:53Z RICKEY N MCCURRY PRESIDENT 600 HENLEY STREET SUITE 100 KNOXVILLE TN 37996 143310759 false X WWW.UTFI.ORG X 2001 TN THE FOUNDATION ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP AND PRIVATE GIFT SUPPORT. 17 17 230 2700 0 93951525 113327411 0 2902123 4214337 24592277 25769011 121445925 143310759 10420554 10418165 0 31675364 35777962 0 0 27695580 25959778 69791498 72155905 51654427 71154854 236043564 294988773 11735755 3782705 224307809 291206068 THE FOUNDATION ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP AND PRIVATE GIFT SUPPORT. false false 46520653 10418165 TO COMPLY WITH DONOR STIPULATIONS, EARNINGS FROM INVESTED ENDOWMENT FUNDS WERE TRANSFERRED TO THE UNIVERSITY OF TENNESSEE. THE EARNINGS WILL BE USED FOR SCHOLARSHIPS, FELLOWSHIPS, LIBRARIES, RESEARCH, AND OTHER ACADEMIC RELATED PURPOSES. ALSO, AMOUNTS FUNDED BY RESTRICTED GIFTS FROM DONORS WERE PAID TO THE UNIVERSITY TO COVER THE COSTS OF CONSTRUCTION, RENOVATIONS AND VARIOUS OTHER PROJECTS. 46520653 true true false false false false false true false true false true false false true true true true false false false false false false false false false true false true false false false false false false false false true true false false true false false false false true 26 0 230 true false false false false false true true true 1 false false false X 17 17 false false false false false false false true true false false true true true true true true true true false TN X LISA TAYLOR CFO TREASURER 8659748926 600 HENLEY STREET SUITE 100 KNOXVILLE TN 37996 M STEVEN MORRIS CHAIR 0.50 X 0 0 0 RONALD L TURNER VICE CHAIR 0.50 X 0 0 0 STEVEN R ANGLE DIRECTOR 0.50 X 0 0 0 WILLIAM L BLANKENSHIP DIRECTOR 0.50 X 0 0 0 MARIE CHISHOLM-BURNS DIRECTOR 0.50 X 0 0 0 SANDRA H FANCHER DIRECTOR 0.50 X 0 0 0 RONALD E FRIESON DIRECTOR 0.50 X 0 0 0 J HOUSTON GORDON DIRECTOR 0.50 X 0 0 0 DEE BAGWELL HASLAM DIRECTOR 0.50 X 0 0 0 JAMES L HERBERT JR DIRECTOR 0.50 X 0 0 0 DR ROBERT J KAPLAN DIRECTOR 0.50 X 0 0 0 MICHAEL K LITTLEJOHN DIRECTOR 0.50 X 0 0 0 LARRY B MARTIN DIRECTOR 0.50 X 0 0 0 JANET L MCKINLEY DIRECTOR 0.50 X 0 0 0 CHARLES E MOORE DIRECTOR 0.50 X 0 0 0 SHARON J PRYSE DIRECTOR 0.50 X 0 0 0 BETTY ANN TANNER DIRECTOR 0.50 X 0 0 0 CHARLES E WHARTON DIRECTOR 0.50 X 0 0 0 PHILIP A WENK DIRECTOR 0.50 X 0 0 0 JAMES L WOLFORD DIRECTOR 0.50 X 0 0 0 LOFTON K STUART JR INTERIM PRES 40.00 X 257226 0 82347 RICKEY N MCCURRY PRESIDENT & 40.00 X 0 0 0 LISA K TAYLOR CFO & TREASU 40.00 X 140421 0 33390 JAMES F MAPLES ASSISTANT TR 0.50 40.00 X 0 182886 61315 KATHRYN M NOBLE SECRETARY 40.00 X 48294 0 4250 RACHAEL R LEBLANC SECRETARY 40.00 X 53107 0 23873 RANDY L FARMER DEVELOPMENT 40.00 X 350271 0 60130 SCOTT A RABENOLD DEVELOPMENT 40.00 X 277797 0 60981 LINDA S DAVIDSON DEVELOPMENT 40.00 X 233791 0 40638 WOODROW M HENDERSON DEVELOPMENT 40.00 X 223188 0 54445 WILLIAM R BRYANT JR DEVELOPMENT 40.00 X 207617 0 60940 BETHANY K GOOLSBY DEVELOPMENT 40.00 X 195943 0 33537 KEITH D BARBER DEVELOPMENT 40.00 X 175477 0 47303 DOROTHY B BRYSON DEVELOPMENT 40.00 X 169767 0 28813 LELAND PATOUILLET DEVELOPMENT 40.00 X 163753 0 43230 GREGORY W HULEN DEVELOPMENT 40.00 X 162898 0 42988 FLOYD AKINS JR DEVELOPMENT 40.00 X 160840 0 30271 ANDREW A WILSON DEVELOPMENT 40.00 X 153608 0 44114 JAMES F OBEAR DEVELOPMENT 40.00 X 148849 0 43684 KRISTOPHER R PHILLIPS DEVELOPMENT 40.00 X 133189 0 41273 STATLER S REAGAN DEVELOPMENT 40.00 X 125326 0 29024 AE WEBER DEVELOPMENT 40.00 X 124113 0 29403 BRYAN ROWLAND DEVELOPMENT 40.00 X 118834 0 43996 3624309 182886 939945 19 false true false 113327411 56199367 113327411 4214337 4214337 CONTRACT WITH UT 25621306 25621306 BOAT HOUSE RENT 111638 111638 WOOTEN FARM RENT 26000 26000 10067 10067 25769011 143310759 29983348 10418165 10418165 3732664 3732664 26760909 14540680 12220229 1742128 275270 1466858 2259192 416746 1842446 1283069 207915 1075154 6551881 5870214 681667 631906 130704 501202 691138 495528 195610 3776783 2827704 949079 125227 50049 75178 6276 6276 OTHER 5969895 4598821 1371074 SUPPLIES 2886799 2204850 681949 CAPITAL PROJECTS 2579154 2579154 OTHER UNIVERSITY DEPARTME 1959097 1584126 374971 781622 320727 460895 72155905 46520653 25635252 0 54970420 17922508 100266430 106864790 571167 6 77135502 167646511 3100045 2554958 236043564 294988773 464922 368661 132805 113082 11138028 3300962 11735755 3782705 X 8576565 10478863 115557396 116200135 100173848 164527070 224307809 291206068 236043564 294988773 71154854 -4147085 -109510 X false true X true false X 15816041 55989921 66317817 93951525 113327411 345402715 15816041 55989921 66317817 93951525 113327411 345402715 8300324 337102391 1663830 1818563 2239349 2902123 4214337 12838202 153987 23472143 23139420 24592277 25769011 97126838 455367755 0.74030 0.75990 X PART II, LINE 10 WOOTEN FARM RENT 120,000 OTHER 91,771 CONTRACT WITH UT 96,316,198 BOATHOUSE RENT 598,869 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 259000 false 106989114 64192539 541072 3670032 168052694 80730632 19726607 8983014 2451139 106989114 38009341 39872210 4608353 1876013 80730632 31691003 8285079 -584539 1382202 38009341 21228895 6930538 4417426 1323528 31691003 1.00000 false false UT INVESTMENT POOL 109750890 F INVESTMENTS - WITH UT 42539852 F INVESTMENTS - TVA CU 10025743 F FIRST TENNESSEE TRUST 3673589 F ENDOWMENT HELD @ FIDELITY 1155671 F INVESTMENTS - UNRESTRICTED 500766 F 167646511 ANNUITY PAYABLE 1831762 ACCRUED ANNUAL LEAVE 1469200 3300962 X 140919995 -4147085 1756321 -2390764 143310759 143310759 74021736 1865831 1865831 72155905 72155905 SCHEDULE D, PAGE 2, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUND IS TO BENEFIT THE UNIVERSITY OF TENNESSEE FOR VARIOUS DONOR RESTRICTED PURPOSES. SCHEDULE D, PAGE 3, PART X THE FOUNDATION FOLLOWS THE PROVISIONS OF FASB ASC 740-10-25. UNDER THIS STANDARD, AN ORGANIZATION MUST RECOGNIZE THAT TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF THIS STANDARD HAS HAD NO IMPACT ON THE FOUNDATIONS FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED JUNE 30, 2015, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN ACTUARIAL VALUE OF GIFT ANNUITIES -109,510 IN KIND CONTRIBUTIONS - SERVICES 1,865,831 SCHEDULE D, PAGE 4, PART XII, LINE 2D IN KIND CONTRIBUTIONS - SERVICES 1,865,831 false THE UNIVERSITY OF TENNESSEE 301 ANDY HOLT TOWER KNOXVILLE TN 37996 626001636 10418165 EDUCATIONAL 1 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION REIMBURSES THE UNIVERSITY AFTER THE DONOR REQUIREMENTS ARE MET. false false false false false false false false false LOFTON K STUART JR INTERIM PRESIDENT 257226 63926 18421 339573 LISA K TAYLOR CFO & TREASURER 140421 23145 10245 173811 JAMES F MAPLES ASSISTANT TREASURER 182886 47522 13793 244201 RANDY L FARMER DEVELOPMENT 350271 39830 20300 410401 SCOTT A RABENOLD DEVELOPMENT 277797 31495 29486 338778 LINDA S DAVIDSON DEVELOPMENT 233791 22976 17662 274429 WOODROW M HENDERSON DEVELOPMENT 223188 26490 27955 277633 WILLIAM R BRYANT JR DEVELOPMENT 207617 33170 27770 268557 BETHANY K GOOLSBY DEVELOPMENT 195943 22441 11096 229480 KEITH D BARBER DEVELOPMENT 175477 20250 27053 222780 DOROTHY B BRYSON DEVELOPMENT 169767 17902 10911 198580 LELAND PATOUILLET DEVELOPMENT 163753 19587 23643 206983 GREGORY W HULEN DEVELOPMENT 162898 16480 26508 205886 FLOYD AKINS JR DEVELOPMENT 160840 19795 10476 191111 ANDREW A WILSON DEVELOPMENT 153608 17611 26503 197722 JAMES F OBEAR DEVELOPMENT 148849 17066 26618 192533 KRISTOPHER R PHILLIPS DEVELOPMENT 133189 14982 26291 174462 STATLER S REAGAN DEVELOPMENT 125326 12749 16275 154350 AE WEBER DEVELOPMENT 124113 13360 16043 153516 BRYAN ROWLAND DEVELOPMENT 118834 22915 21081 162830 X 4 259000 APPRAISAL X 780449 APPRAISAL X 1 3348 APPRAISAL X 2 651258 APPRAISAL X 185 11477842 HIGH/LOW STOCK PRICE AVG X 5 859180 APPRAISAL X 3 6215 APPRAISAL X 5 12757 INVOICE X EQUIPMENT 6 4272031 APPRAISAL/INVOICE X SOFTWARE 3 37577450 APPRAISAL/INVOICE X ANIMALS 4 225000 INVOICE X COMMODITIES 59 74837 FAIR MARKET VALUE 5 false true true SCHEDULE M, PAGE 1, PART I, LINE 32B REALTORS ARE USED TO LIST AND SELL THE REAL ESTATE GIFTS RECEIVED. STOCK BROKERS ARE USED TO SELL STOCK RECEIVED. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED FIRST BY THE AUDIT COMMITTEE, THEN THE FULL BOARD REVIEWS THE FORM. FORM 990, PAGE 6, PART VI, LINE 12C ALL BOARD MEMBERS PROVIDE SIGNED STATEMENTS REGARDING THEIR KNOWLEDGE OF THE CONFLICT OF INTEREST POLICY AND IF A CONFLICT ARISES, DISCUSS IN ADVANCE OF ANY DECISIONS REGARDING THE CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE FOUNDATION FOLLOWS THE UNIVERSITY OF TENNESSEE PERSONNEL POLICY. FORM 990, PAGE 6, PART VI, LINE 15B OFFICER COMPENSATION IS SET BY THE BOARD ON RECOMMENDATION OF THE CEO PURSUANT THE FOUNDATION COMPENSATION POLICY AND BYLAWS. FORM 990, PAGE 6, PART VI, LINE 19 IF REQUESTED, HARD COPIES OF DOCUMENTS ARE PROVIDED AT THE FOUNDATION'S OFFICE. FORM 990, PART XI, LINE 9 CHANGE IN ACTUARIAL VALUE OF GIFT ANNUITIES -109,510 IN KIND CONTRIBUTIONS - SERVICES 1,865,831 IN KIND CONTRIBUTIONS - SERVICES -1,865,831 SIXTH AVENUE WAREHOUSE LLC 600 HENLEY ST UT CONFERENCE CT 100 KNOXVILLE TN 379964101 REAL EST. TN N/A