2015-05-11T12:06:17-05:00 2014-06-30 560747981 DIXON HUGHES GOODMAN LLP 999 S SHADY GROVE RD STE 400 MEMPHIS TN 38120 990 2013-07-01 626048540 UNIVERSITY OF MEMPHIS FOUNDATION UNIV 9016783255 635 NORMAL STREET ALUMNI CENTER NO 108 MEMPHIS TN 38152 LARRY BUNCH MANAGING DIRECTOR 9016783255 2015-05-07 1 JOHN A MAY JR P00210965 9017613000 2015-04-28 2013 2016-02-25 16:41:14Z LARRY BUNCH 107 ALUMNI CENTER MEMPHIS TN 38152 233010566 0 X WWW.MEMPHIS.EDU/ADVANCE/FOUNDATION X 1964 TN THE FOUNDATION ACCEPTS AND ADMINISTERS SUPPORT TO THE UNIVERSITY OF MEMPHIS. 33 31 0 0 -206247 -206247 29816322 30648077 0 0 2420439 17046221 1379248 1142530 33616009 48836828 0 0 0 0 0 0 0 0 0 25898564 28277714 25898564 28277714 7717445 20559114 130090055 148112570 11709136 11045610 118380919 137066960 THE FOUNDATION ACCEPTS AND ADMINISTERS SUPPORT TO THE UNIVERSITY OFMEMPHIS. 0 0 26804850 1348777 THE FOUNDATION PROVIDED FUNDS FOR SCHOLARSHIPS, FELLOWSHIPS, ACADEMIC ENRICHMENT AND VARIOUS OTHER PROGRAMS AND PROJECTS IN SUPPORT OF THE STUDENTS, FACULTY, STAFF AND MISSION OF THE UNIVERSITY OF MEMPHIS. 26804850 1 1 0 1 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 185 0 1 0 0 0 0 0 0 0 0 0 0 0 X 33 31 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X TARIT LIM 9016783950 635 NORMAL STREET ALUMNI CENTER MEMPHIS TN 38152 X MS ANISE BELZ TRUSTEE 1.00 X 0 0 0 MR MICHAEL BRUNS TRUSTEE 1.00 X 0 0 0 MR BENJAMIN C BRYANT JR VICE PRESIDENT/TRUSTEE 1.00 X X 0 0 0 MR PACE D COOPER TRUSTEE 1.00 X 0 0 0 MR HILLIARD CREWS JR TRUSTEE 1.00 X 0 0 0 MR DOUG EDWARDS TRUSTEE 1.00 X 0 0 0 MR DAVID B FERRARO TRUSTEE 1.00 X 0 0 0 MR WILLIE H GREGORY SR TRUSTEE 1.00 X 0 0 0 MS HELEN S GRONAUER TRUSTEE 1.00 X 0 0 0 MS CAROLYN C HARDY TRUSTEE 1.00 X 0 0 0 MR DONALD HUTSON TRUSTEE 1.00 X 0 0 0 MR GEORGE T JOHNSON TRUSTEE 1.00 X 0 0 0 MS ELISE JORDAN TRUSTEE 1.00 X 0 0 0 MR THOMAS G KADIEN TREASURER/TRUSTEE 1.00 X X 0 0 0 MR MICHAEL KISBER TRUSTEE 1.00 X 0 0 0 MR JAMES D LACKIE TRUSTEE 1.00 X 0 0 0 MR JAMES E MCGEHEE JR TRUSTEE 1.00 X 0 0 0 MR DAVID PERDUE TRUSTEE 1.00 X 0 0 0 MR JOHN REID TRUSTEE 1.00 X 0 0 0 MR STEPHEN C REYNOLDS TRUSTEE 1.00 X 0 0 0 MS AMY P RHODES TRUSTEE 1.00 X 0 0 0 DR TRISH CALVERT RING TRUSTEE 1.00 X 0 0 0 MR GARY S SHORB TRUSTEE 1.00 X 0 0 0 MR HARRY L SMITH TRUSTEE 1.00 X 0 0 0 MR STEFAN M SMITH TRUSTEE 1.00 X 0 0 0 MS RITA SPARKS SECRETARY/TRUSTEE 1.00 X X 0 0 0 MR RICHARD A SPELL TRUSTEE 1.00 X 0 0 0 MS SUSAN SPRINGFIELD TRUSTEE 1.00 X 0 0 0 MR MITCHELL D SPURLOCK TRUSTEE 1.00 X 0 0 0 MR JOHN W STOKES JR TRUSTEE 1.00 X 0 0 0 MS LAURIE A TUCKER TRUSTEE 1.00 X 0 0 0 MR JAMES L VINING TRUSTEE 1.00 X 0 0 0 MR J THOMAS WATSON PRESIDENT/TRUSTEE 1.00 X X 0 0 0 MR DAVID WEDAMAN TRUSTEE 1.00 X 0 0 0 MS CAROLYN S WILLIAMS-BENNETT TRUSTEE 1.00 X 0 0 0 MR C KEMMONS WILSON JR TRUSTEE 1.00 X 0 0 0 MR CHARLES G BURKETT TRUSTEE 1.00 X 0 0 0 THE HONORABLE PAULETTE J DELK TRUSTEE 1.00 X 0 0 0 MR H ARTHUR GILLIAM JR TRUSTEE 1.00 X 0 0 0 MR DAVID KUSTOFF TRUSTEE 1.00 X 0 0 0 MR DAVID PORTER TRUSTEE 1.00 X 0 0 0 MR PHIL TRENARY TRUSTEE 1.00 X 0 0 0 ELLIOT PERRY TRUSTEE 1.00 X 0 0 0 MS JULIE JOHNSON EXECUTIVE DIRECTOR/VP ADVA 40.00 X 0 169615 23890 LARRY BUNCH MANAGING DIRECTOR 40.00 X 0 116702 33868 0 286317 57758 0 0 1 0 BEYNON SPORTS SURFACES INC 16 ALT ROAD HUNT VALLEY MD 21030 CONSTRUCTION AND RENOVATION 1399654 MONTGOMERY MARTIN CONTRACTORS LLC 8245 TOURNAMENT DR STE 300 MEMPHIS TN 38125 CONSTRUCTION AND RENOVATION 905251 SPORTS TURF SOLUTIONS LLC 606 ST BLAISE ROAD GALLATIN TN 37066 CONSTRUCTION AND RENOVATION 430361 NATIONS WRIGHT LLC 7201 E CAMELBACK ROAD STE 360 SCOTTSDALE AZ 85251 CONSTRUCTION AND RENOVATION 212826 ROYALL AND COMPANY 1920 E PARHAM RD RICHMOND VA 23228 PROFESSIONAL CONSULTING SERVICES 189710 15 30648077 352866 30648077 695792 695792 200524167 184173738 16350429 16350429 16350429 MISC. REVENUE-RELATED-990 611710 1348777 1348777 PASS-THROUGH 531390 -206247 -206247 1142530 48836828 1348777 -206247 17046221 48587 48587 UNIVERSITY SUPPORT 28229127 26804850 1424277 28277714 26804850 1472864 0 684874 417950 13920766 12539832 66247911 43129926 48434659 91016384 801845 1008478 130090055 148112570 11709136 11045610 11709136 11045610 X 8388186 9360513 49516434 63281646 60476299 64424801 118380919 137066960 130090055 148112570 20559114 -1873073 0 X X 0 1 X 1 0 X 16977596 17642126 23773788 29816322 30648077 118857909 16977596 17642126 23773788 29816322 30648077 118857909 11745465 107112444 1566486 2490339 1281124 1405436 695792 7439177 126297086 0.84810 0.89210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 1862 0 0 1 163414 1 830 0 166106 0 344123 X X X X X CLASSROOM INSTRUCTION 0 79060431 4131236 11989136 3186398 91994405 69736890 3350128 8435822 2462409 79060431 70869171 2012239 -549573 2594947 69736890 61478602 3266240 8770371 2646042 70869171 55400777 2457284 6166098 2545557 61478602 0.06000 0.70000 0.24000 0 0 0 LIMITED PARTNERSHIPS & LLCS 91016384 F 91016384 46963754 -1873073 -1873073 48836827 1 1 48836828 28277713 0 28277713 1 1 28277714 PART III, LINE 4: EGYPTION RELATED ART AND ARTIFACTS USED FOR EDUCATIONAL PURPOSES. PART V, LINE 4: THE UNIVERSITY OF MEMPHIS FOUNDATION'S ENDOWMENT ACCOUNTS CONSIST OF DONOR-RESTRICTED ENDOWMENT FUNDS AND INCLUDE APPROXIMATELY 470 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. THE BOARD OF TRUSTEES OF THE UNIVERSITY OF MEMPHIS FOUNDATION HAS INTERPRETED UPMIFA AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE FOUNDATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT FUNDS AND (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT FUNDS. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUNDS THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE FOUNDATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. IN ACCORDANCE WITH UPMIFA, THE FOUNDATION CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND THE PURPOSES OF THE FOUNDATION AND THE DONOR-RESTRICTED ENDOWMENT FUND GENERAL ECONOMIC CONDITIONS THE POSSIBLE EFFECT OF INFLATION AND DEFLATION THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS OTHER RESOURCES OF THE FOUNDATION THE INVESTMENT POLICIES OF THE FOUNDATION PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1. 0 0 0 0 0 0 0 0 0 MS JULIE JOHNSON EXECUTIVE DIRECTOR/VP ADVA 0 169615 0 0 0 0 0 0 0 23890 0 193505 0 0 LARRY BUNCH MANAGING DIRECTOR 0 116702 0 0 0 0 0 0 0 33868 0 150570 0 0 TOM WATSON MR. WATSON IS ON THE BOARD OF TRUSTEES THE FOUNDATION PROCESSES UNIVERSITY REQUESTED PAYMENTS TO ARMSTRONG RELOCATION/UNITED VAN LINES FOR MOVING SERVICES PROVIDED UNIVERSITY EMPLOYEES. MR. WATSON IS AN OFFICER OF ARMSTRONG RELOCATION. 0 JOHN STOKES MR. STOKES IS ON THE BOARD OF TRUSTEES THE FOUNDATION HAS A BROKERAGE ACCOUNT WITH RAYMOND JAMES. MR. STOKES WAS EMPLOYED BY RAYMOND JAMES AS OF 6/30/2014. 0 RICHARD SPELL MR. SPELL IS ON THE BOARD OF TRUSTEES THE FOUNDATION HAS A BROKERAGE ACCOUNT WITH RAYMOND JAMES. MR. SPELL IS EMPLOYEED BY RAYMOND JAMES. 0 CHARLES BURKETT MR. BURKETT IS ON THE BOARD OF TRUSTEES THE FOUNDATION PAID MR. BURKETT FOR CONSULTING SERVICES PROVIDED TO THE UNIVERSITY OF MEMPHIS. 0 PHIL TRENARY MR. TRENARY WAS ON THE BOARD OF TRUSTEES DURING FY2014 THE FOUNDATION PAID MR. TRENARY FOR CONSULTING SERVICES PROVIDED TO THE UNIVERSITY OF MEMPHIS. 0 X 32 352866 0 1 1 PART I, LINE 32B: BROKERAGE ACCOUNTS ARE MAINTAINED WITH VARIOUS PUBLIC FIRMS FOR THE PURPOSE OF RECEIVING AND SELLING GIFTS OF SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 BOARD OF TRUSTEE MEMBERS, MR. JOHN STOKES AND MR R.A. SPELL BOTH WORK FOR RAYMOND JAMES AS OF 6/30/14. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE MANAGING DIRECTOR AND EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C THIS POLICY IS MONITORED AND ENFORCED BY THE UNIVERSITY OF MEMPHIS FOUNDATION'S OFFICERS AND EMPLOYEES IN A MANNER ADDRESSED IN THE CODE OF ETHICS SECTION OF THE FOUNDATION'S POLICIES AND PROCEDURES MANUAL. FORM 990, PART VI, SECTION B, LINE 15 ALL PAID FOUNDATION POSITIONS ARE SUBJECTED TO AN INDEPENDENT SALARY REVIEW BY STATE OF TENNESSEE PERSONNEL IN ACCORDANCE WITH STATE OF TENNESSEE POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE WEBSITE FOR THE ORGANIZATION. FORM 990, PART VII, SECTION A THE UNIVERSITY OF MEMPHIS FOUNDATION (UMF) REIMBURSES THE UNIVERSITY OF MEMPHIS (U OF M) FOR ALL OF THE COMPENSATION AND BENEFITS OF UMF'S MANAGING DIRECTOR. PART XII, LINE 2C THERE IS NO CHANGE FROM PRIOR YEAR. UNIVERSITY OF MEMPHIS 3720 ALUMNI AVENUE MEMPHIS TN 38152 620648618 PROVIDING HIGH QUALITY EDUCATIONAL OPPORTUNITIES TN 501(C) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 UNIVERSITY OF MEMPHIS P 28115360