2015-11-11T09:11:22-06:00 2015-06-30 560747981 DIXON HUGHES GOODMAN LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2014-07-01 237167701 UNF FOUNDATION INC UNFF 9046202790 1 UNF DRIVE HICKS HALL NO 2900 JACKSONVILLE FL 32224 SHARI SHUMAN TREASURER 9046202790 2015-11-11 1 AMY BIBBY P00445891 8282542254 2014 2016-02-25 16:41:14Z SHARI SHUMAN 1 UNF DRIVE JACKSONVILLE FL 32224 26942459 0 X HTTP://WWW.UNF.EDU/ANF/TSIFOUNDATIONACCOUNTING/ X 1972 FL THE UNIVERSITY OF NORTH FLORIDA FOUNDATION, INC., WHICH INCLUDES THE ALUMNI ASSOCIATION AND THE OSPREY CLUB, IS A NON-PROFIT ENTITY ORGANIZED TO PROVIDE FINANCIAL SUPPORT TO THE STUDENTS AND PROGRAMS OF THE UNF. 47 46 87 49 406240 0 8563964 7904408 0 0 409082 393500 311691 542210 9284737 8840118 4096911 3929523 0 0 2649453 2560649 141108 199677 618197 3284687 3312072 10172159 10001921 -887422 -1161803 110929677 114638817 490564 338194 110439113 114300623 THE UNIVERSITY OF NORTH FLORIDA FOUNDATION, INC., WHICH INCLUDES THE ALUMNI ASSOCIATION AND THE OSPREY CLUB, IS A NON-PROFIT ENTITY ORGANIZED TO PROVIDE FINANCIAL SUPPORT TO THE STUDENTS AND PROGRAMS OF THE UNF. 0 0 7518879 3929523 0 EDUCATION ASSISTANCE FOR STUDENTS IN SCHOLARSHIPS, FELLOWSHIPS AND STUDY ABROAD PROGRAMS. STUDENTS OF HIGH ACHIEVEMENT RECOGNIZED AT THE FALL, SPRING, AND SUMMER GRADUATIONS, AND RECOGNITION FOR SCHOOL TEACHERS PROGRAM FOR HIGH ACHIEVEMENT. THE UNIVERSITY OF NORTH FLORIDA FOUNDATION, INC. WAS ORGANIZED TO PROVIDE FINANCIAL SUPPORT TO THE UNIVERSITY OF NORTH FLORIDA INCLUDING UNF PROGRAMS FOR ATHLETICS, BROOKS COLLEGE OF HEALTH, COGGIN COLLEGE OF BUSINESS, COLLEGE OF EDUCATION AND HUMAN RESOURCES, COLLEGE OF COMPUTING ENGINEERING AND CONSTRUCTION AND COLLEGE OF ARTS AND SCIENCES. 7518879 1 1 0 1 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 75 0 1 87 1 0 0 0 0 0 0 0 0 0 0 X 47 46 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BEVERLY EVANS 9046202250 1 UNF DRIVE HICKS HALL SUITE 2900 JACKSONVILLE FL 32224 JONATHAN T HOWE PRESIDENT, UNF FOUNDATION 1.00 X X 0 0 0 ELENA E DIETZ CHAIR, DIRECTORS COMMITTEE 1.00 X X 0 0 0 BRANDON N CHOY CHAIR, ADVANCEMENT COMMITTE 1.00 1.00 X X 0 0 0 CAROLYN MATHIS CHAIR, INVESTMENT COMMITTE 2.00 X X 0 0 0 JOSEPH PARK MOORER JR CHAIR, FINANCE & AUDIT COM 1.00 1.00 X X 0 0 0 JOHN J JACK ALLEN BOARD MEMBER 1.00 X 0 0 0 STEPHEN E BACHAND BOARD MEMBER 1.00 X 0 0 0 SCOTT F BAKER BOARD MEMBER 1.00 X 0 0 0 ANNA L BROSCHE BOARD MEMBER 1.00 X 0 0 0 MARGARET B GELLATLY BOARD MEMBER 5.00 1.00 X 0 0 0 JORGE F MORALES BOARD MEMBER 1.00 X 0 0 0 BETSY C COX BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN A DELANEY BOARD MEMBER 8.00 32.00 X 440078 200000 92918 MICHAEL P OATES BOARD MEMBER 1.00 X 0 0 0 FRANCIS X FRANTZ BOARD MEMBER 1.00 X 0 0 0 CHARLES M GED BOARD MEMBER 1.00 X 0 0 0 PAUL R GOODWIN BOARD MEMBER 1.00 X 0 0 0 LEE HANNA BOARD MEMBER 1.00 X 0 0 0 JOHN T HAYT BOARD MEMBER 1.00 X 0 0 0 ANN C HICKS BOARD MEMBER 1.00 X 0 0 0 CORRINE C HODAK BOARD MEMBER 1.00 X 0 0 0 CECIL MAC HOLLEY BOARD MEMBER 1.00 1.00 X 0 0 0 MATTHEW RAPP BOARD MEMBER 1.00 X 0 0 0 DEBORAH JOHNSON BOARD MEMBER 1.00 X 0 0 0 IRENE LAZZARA BOARD MEMBER 1.00 X 0 0 0 W RADFORD LOVETT II BOARD MEMBER 1.00 X 0 0 0 LISA MANCINI BOARD MEMBER 1.00 X 0 0 0 MARILYN MCAFEE BOARD MEMBER 1.00 X 0 0 0 SCOTT L MCCALEB BOARD MEMBER 1.00 X 0 0 0 VINCE MCCORMACK BOARD MEMBER 1.00 X 0 0 0 DOUGLAS W MCNEILL BOARD MEMBER 1.00 X 0 0 0 RUSSELL B NEWTON III BOARD MEMBER 1.00 X 0 0 0 GAIL A NURSEY BOARD MEMBER 1.00 X 0 0 0 WAYNE E FLOWERS BOARD MEMBER 1.00 X 0 0 0 SHYAM B PARYANI BOARD MEMBER 1.00 X 0 0 0 CONCHITA ROBINSON BOARD MEMBER 1.00 X 0 0 0 HELEN ROWAN BOARD MEMBER 1.00 X 0 0 0 SUSAN R RYZEWIC BOARD MEMBER 1.00 X 0 0 0 ROBERT R SCHILLER BOARD MEMBER 1.00 X 0 0 0 PATSY SHIELDS BOARD MEMBER 1.00 X 0 0 0 HELEN SHORT BOARD MEMBER 1.00 X 0 0 0 LINDA C SLADE BOARD MEMBER 1.00 X 0 0 0 GREGORY B SMITH BOARD MEMBER 1.00 X 0 0 0 ALMETA MONROE-TURNER BOARD MEMBER 1.00 X 0 0 0 DAVID A STEIN BOARD MEMBER 1.00 X 0 0 0 SUSAN SCHANTZ BOARD MEMBER 1.00 X 0 0 0 RONALD TOWNSEND BOARD MEMBER 1.00 X 0 0 0 DAVID I BROWN BOARD MEMBER 1.00 X 0 0 0 ANAND R DESAI BOARD MEMBER 1.00 X 0 0 0 SHARI SHUMAN TREASURER 7.00 33.00 X 0 227489 29727 BEVERLY EVANS DIRECTOR OF ACCOUNTING 20.00 22.00 X 0 113306 10435 JOSHUA MERCHANT EXECUTIVE DIRECTOR 40.00 2.00 X 27594 149097 30367 467672 689892 163447 1 0 1 0 0 342071 352699 7209638 2962342 7904408 323836 323836 12000 12000 17992049 17922385 69664 69664 69664 135258 342071 179956 -44698 -44698 SPONSORSHIPS 900099 341402 341402 GOODS AND SERVICES 900099 109032 109032 MISCELLANEOUS 900099 82525 82404 121 41949 41949 574908 8840118 0 406240 529470 1299988 1299988 2629535 2629535 395106 280282 114824 1886453 1075278 603665 207510 76969 32327 30018 14624 177810 74680 69346 33784 24311 10211 9481 4619 199677 199677 421870 421870 366189 366189 108164 94102 4327 9735 409021 200420 208601 42027 28136 13891 271858 251052 20806 1519989 1337590 182399 13793 13793 PUBLIC RELATIONS 159161 119371 6366 33424 10001921 7518879 1864845 618197 460524 12298 2753389 2761782 2275328 4588819 6000000 33444 31361 9464487 12498556 90264807 92993228 602425 828046 110929677 114638817 261942 187334 228622 150860 490564 338194 X 909755 1353637 14645658 14639812 94883700 98307174 110439113 114300623 110929677 114638817 -1161803 5023313 0 X X 0 1 X 1 1 1 X 9201356 6952090 8435870 8615845 7904408 41109569 9201356 6952090 8435870 8615845 7904408 41109569 3977439 37132130 352946 292914 305131 310775 335836 1597602 636797 468920 574908 1680625 44387796 0.83650 0.86810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 0 1 4921 4921 0 PART II-B, LINE 1: THE UNF OFFICE OF GOVERNMENTAL RELATIONS DEVELOPS AND IMPLEMENTS STRATEGIES AND PROGRAMS TO ATTAIN PUBLIC FUNDING GOALS, AND TO FOSTER MUTUALLY SUPPORTIVE, ON-GOING RELATIONSHIPS WITH ELECTED OFFICIALS, EXECUTIVE BRANCH LEADERS, OTHER EDUCATIONAL INSTITUTIONS, AS WELL AS UNF'S PUBLIC AND PRIVATE CONSTITUENTS. THE OFFICE REPORTS TO THE UNF COMMUNITY IMPORTANT LEGISLATIVE, GOVERNANCE, AND POLICY ISSUES THAT THAT SPECIFICALLY IMPACT UNF OR PUBLIC HIGHER EDUCATION. 94883700 3667506 -1920007 1539475 -4738718 1523268 98307174 83557106 4249991 11551393 1852142 1236027 1386621 94883700 74888784 3858461 9175299 2919678 1445760 83557106 77413704 3029264 -1513040 2682389 1358755 74888784 69228180 4489673 7926687 1679280 1241022 1310534 77413704 1.00000 0 0 0 HEDGE FUNDS 66481 F PRIVATE EQUITY 24152002 F GLOBAL FIXED INCOME 6300675 F REAL ASSETS FUNDS 3007066 F ABSOLUTE RETURN FUND 13294662 F GLOBAL EQUITIES FUND 46172342 F 92993228 X 13621517 5023313 179956 5203269 8418248 421870 421870 8840118 9760007 179956 179956 9580051 421870 421870 10001921 PART V, LINE 4: THE USES FOR THE UNF FOUNDATION ENDOWMENT FUNDS ARE FOR SCHOLARSHIPS, FELLOWSHIPS, STUDY ABROAD, PROFESSORSHIPS, EDUCATIONAL PROGRAMS, RESEARCH, AND TECHNOLOGY ENHANCEMENT. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2015. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2012, REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 179,956. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 179,956. X X 1 RUFFALO CODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 DIRECT CALL 0 0 95681 -95681 RUFFALO NOEL LEVITZ 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 DIRECT CALL 0 0 103996 -103996 199677 -199677 DINNER 310770 264380 46390 3128 45210 47651 GOLF TOURNAMENT 68680 61530 7150 6000 15616 4 97879 16161 81718 12400 8111 13754 21500 6586 477329 342071 135258 12400 6000 26855 58964 21500 54237 179956 -44698 1 UNIVERSITY OF NORTH FLORIDA 1 UNF DRIVE JACKSONVILLE FL 32224 592976169 IRC 115 1067065 UNIVERSITY OPERATIONS 1 SCHOLARSHIPS 990 2271467 FIRST GENERATION SCHOLARSHIPS 613 299128 PART I LINE 2 THE UNIVERSITY OF NORTH FLORIDA FOUNDATION SCHOLARSHIPS, FELLOWSHIPS AND STUDY ABROAD ARE AWARDED BASED ON THE SPECIFIC CRITERIA FOR EACH AWARD PER DONOR AGREEMENT (E.G., GPA, NUMBER OF REQUIRED CLASSSROOM HOURS, STUDENT CLASSIFICATION, MAJOR, ETC.). THE ACCOUNT FUND MANAGER ADVERTISES THE SCHOLARSHIP AND RECEIVES THE STUDENT'S INFORMATION BASED ON THE CRITERIA. FOUNDATION ACCOUNTING REVIEWS THE SCHOLARSHIP AWARD AND SUPPORTING DOCUMENTATION TO ENSURE COMPLIANCE PRIOR TO FORWARDING TO THE UNIVERSITY ENROLLMENT SERVICES PROCESSING. FOR FURTHER REVIEW, ENROLLMENT SERVICES REVIEWS TO ENSURE THE STUDENT IS NOT BEING AWARDED ABOVE THE COST OF EDUCATION, AFTER WHICH, THE STUDENT RECEIVES THE FUNDS AND FOUNDATION ACCOUNTING REIMBURSES THE UNIVERSITY FOR THE SCHOLARSHIP AWARD. OTHER OUTSTANDING AWARDS ARE PROVIDED TO GRADUATING SENIORS AT THE SPRING CONVOCATION. OUTSTANDING ALUMNI AWARD IS PROVIDED BY ALUMNI SERVICES AT EACH GRADUATION BASED ON THE GRADUATE SELECTED BY THE COMMITTEE. ACCOUNT FUND MANAGER ADVERTISES IN THE LOCAL PAPER FOR NOMINATIONS FOR THE OUTSTANDING TEACHER AWARD. COLLEGE OF EDUCATION AND HUMAN SERVICES COMMITTEE REVIEWS THE APPLICATIONS RECEIVED FROM THE TEACHER NOMINEES. ANNUALLY AT LEAST FOUR (4) AWARDS ARE PROVIDED. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 JOHN A DELANEY BOARD MEMBER 193399 200000 115500 0 131179 0 46000 0 46918 0 532996 200000 0 0 SHARI SHUMAN TREASURER 0 226310 0 0 0 1179 0 6917 0 22810 0 257216 0 0 JOSHUA MERCHANT EXECUTIVE DIRECTOR 27594 147918 0 0 0 1179 0 5103 0 25264 27594 179464 0 0 PART I, LINE 1A JOHN DELANEY RECEIVED $1,206 OF SOCIAL DUES AND $51,476 OF HOUSING ALLOWANCE FROM THE ORGANIZATION. PART I, LINE 7 JOHN DELANEY, THE UNF PRESIDENT, AN OFFICER FOR UNFFC, RECEIVES ANNUAL BONUS PAYMENTS FOR PERFORMANCE AND RETENTION. THE PERFORMANCE IS DETERMINED AFTER YEAR-END AND PAID BY THE ORGANIZATION. X 12 118479 FMV X 287693 FMV X 13 2425405 FMV X 5 1894 FMV X EQUIPMENT 9 102719 FMV X OTHER TICKETS, GIFT CARDS 6 26152 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE FOUNDATION BOARD SHALL CONSIST OF THE FOLLOWING MEMBERS: 1.) PRESIDENT OF THE FOUNDATION, WHO SHALL BE CHAIR 2.) PRESIDENT OF UNIVERSITY 3.) IMMEDIATE PAST PRESIDENT OF THE FOUNDATION 4.) PRESIDENT-ELECT OF THE FOUNDATION 5.) CHAIR, ADVANCEMENT 6.) CHAIR, COMMITTEE ON DIRECTORS 7.) CHAIR, FINANCE AND AUDIT 8.) CHAIR, INVESTMENT 9.) TRUSTEE BOARD DESIGNEE 10.) UNF FINANCING CORPORATE DESIGNEE 11.) MOCA DESIGNEE 12.) AT-LARGE MEMBERS FROM THE FOUNDATION AT THE DISCRETION OF THE FOUNDATION PRESIDENT AND THE UNIVERSITY PRESIDENT 13.) EX-OFFICIO, THE EXECUTIVE DIRECTOR OF THE FOUNDATION 14.) EX-OFFICIO, THE TREASURER OF THE FOUNDATION 15.) EX-OFFICIO, THE SECRETARY OF THE FOUNDATION THE EXECUTIVE COMMITTEE SHALL MEET AT THE CALL OF THE PRESIDENT OF THE FOUNDATION. ONE-THIRD OF THE MEMBERS SHALL REPRESENT A QUORUM OF THE COMMITTEE. THE EXEUCTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL POWERS AND AUTHORITY OF THE FOUNDATION BOARD BETWEEN MEETINGS OF THE FOUNDATION BOARD AND SHALL BE EMPOWERED TO ACT ON BEHALF OF THE FOUNDATION BOARD IN CASES WHERE A MEETING OF THE FULL FOUNDATION BOARD WILL NOT OCCUR WITHIN THE TIME FRAME NECESSARY FOR APPROVING AN ACTION DEEMED TO BE IN THE BEST INTEREST OF THE FOUNDATION. ACTIONS BY THE EXEUCTIVE COMMITTEE SHALL BE SUBJECT ONLY TO SUCH RESTRICTIONS AS THE FOUNDATION BOARD MAY FROM TIME TO TIME SPECIFY. A REPORT OF THE ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE PRESENTED TO THE FOUNDATION BOARD IN A TIMELY MANNER. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY A PAID PREPARER. THE FINAL DRAFT WAS REVIEWED BY THE FOUNDATION'S BOARD OF DIRECTORS WITH THE FOUNDATION'S STAFF. AFTER BOARD APPROVAL, THE RETURN WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ANNUALLY COMPLETE THE CONFLICT OF INTEREST FORMS. THE UNF FOUNDATION MANAGEMENT REVIEWS THE CONFLICT OF INTEREST FORMS FOR ANY NOTED CONFLICT OF INTEREST. IF ANY EXIST AND REQUIRES A BOARD VOTE, THE BOARD OF DIRECTOR MEMBER RECUSES HIMSELF OR HERSELF FROM VOTING ON THE ISSUE. IT IS NOTED IN THE OFFICIAL MINUTES THAT THE BOARD MEMBER ACKNOWLEDGED THE CONFLICT AND RECUSED FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT OF THE UNIVERSITY'S SALARY (TOP MANAGEMENT OFFICIAL) IS PREPARED/REVIEWED BY THE UNIVERSITY OF NORTH FLORIDA BOARD OF TRUSTEES, UNF GENERAL COUNSEL, UNF VP FOR ADMINISTRATION AND FINANCE AND CHIEF OF STAFF USING SALARY DATA OF COMPARABLE POSITION/RESPONSIBILITIES AND HR MARKET DATA. THE SALARY RECOMMENDATION IS REVIEWED, DISCUSSED AND APPROVED BY THE FULL GOVERNING BODY - THE UNIVERSITY OF NORTH FLORIDA BOARD OF TRUSTEES. DOCUMENTATION OF THE PROCEEDINGS IS MAINTAINED BY THE UNF GENERAL COUNSEL. THE UNF FOUNDATION BOARD APPROVES ITS SHARE OF THE SALARY PACKAGE DURING THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS POSTED ON GUIDESTAR (WWW.GUIDESTAR.ORG) AND IS ALSO AVAILABLE UPON REQUEST FROM THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FROM THE ORGANIZATION. ADDITIONALLY, THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE AT HTTP://WWW.UNF.EDU/ANF/TSIFOUNDATIONACCOUNTING/FOUNDATION/ AUDITED_REPORTS/AUDITED_REPORTS.ASPX. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. UNIVERSITY OF NORTH FLORIDA 1 UNF DRIVE JACKSONVILLE FL 32224 592976169 EDUCATION FL IRC 115 N/A 0 UNF TRAINING AND SERVICES INSTITUTE 1 UNF DRIVE UNF HALL SUITE 2900 JACKSONVILLE FL 32224 591982921 EDUCATION FL 501(C)(3) LINE 11B, II UNIVERSITY OF NORTH FLORIDA (59-2976169) 0 UNF FINANCING CORPORATION INC 1 UNF DRIVE UNF HALL SUITE 2900 JACKSONVILLE FL 32224 421683752 SUPPORT FL 501(C)(3) LINE 11B, II UNIVERSITY OF NORTH FLORIDA (59-2976169) 0 MUSUEM OF CONTEMPORARY ART JACKSONVILLE 1 UNF DRIVE UNF HALL SUITE 2900 JACKSONVILLE FL 32224 590689705 MUSEUM FL 501(C)(3) LINE 9 UNIVERSITY OF NORTH FLORIDA (59-2976169) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0