2015-02-13T13:50:58-06:00 2014-06-30 390758449 WIPFLI LLP 3703 OAKWOOD HILLS PARKWAY EAU CLAIRE WI 54701 990 2013-07-01 390972350 UNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC UNIV 7158362987 105 GARFIELD AVENUE EAU CLAIRE WI 54701 KIMERA M WAY EXECUTIVE DIRECTOR 7158365180 2014-12-16 1 ROB GANSCHOW CPA P01374207 7158323407 2014-12-16 2013 2016-02-25 16:41:14Z KIMERA M WAY 105 GARFIELD AVENUE EAU CLAIRE WI 54701 13817557 0 X WWW.UWEC.EDU/FOUNDATION X 1958 WI THE FOUNDATION WAS FORMED TO FURTHER THE GOALS OF THE UNIVERSITY OF WISCONSIN-EAU CLAIRE BY SOLICITING AND RECEIVING GIFTS AND BEQUESTS OF PROPERTY FOR THE DEVELOPMENT, PROMOTION, AND BENEFIT OF THE UNIVERSITY. 38 38 0 85 0 0 6009449 10622641 0 0 1963941 2713447 641273 30286 8614663 13366374 4656082 4615310 0 0 0 0 0 0 570233 1193778 1382634 5849860 5997944 2764803 7368430 54553916 67600444 4544071 5497885 50009845 62102559 X THE OBJECTIVES OF THE UNIVERSITY OF WISCONSIN-EAU CLAIRE FOUNDATION, INC. SHALL BE: A) TO SOLICIT, RECEIVE AND HOLD GIFTS, GRANTS, DEVISES AND BEQUESTS OF MONEY, PROPERTY, AND OTHER ITEMS OF VALUE FOR THE BENEFIT OF THE UNIVERSITY OF WISCONSIN-EAU CLAIRE, AND THE FACULTY AND STUDENTS THEREOF;B) TO INVEST AND REINVEST THE SAME;C) TO GIVE AND TO GRANT TO THE UNIVERSITY GIFTS, GRANTS AND BEQUESTS OF MONEY AND OTHER ITEMS OF VALUE FOR EDUCATIONAL AND/OR RESEARCH PURPOSES, AND TO AID AND ASSIST THE QUALIFIED EDUCATIONAL, RESEARCH AND SERVICE PROGRAMS OF THE UNIVERSITY, IT'S FACULTY AND STUDENTS;D) TO OTHERWISE ASSIST THE UNIVERSITY IN ACHIEVING ITS EDUCATIONAL, RESEARCH AND SERVICE PURPOSES. 0 0 3043882 3043882 THE FOUNDATION DISBURSED 65% OF THEIR TOTAL PROGRAM EXPENSES FOR UNIVERSITY PROGRAMS. THIS REPRESENTS FUNDING FOR GENERAL OPERATIONAL SUPPORT OF UNIVERSITY DEPARTMENTS AND COLLEGES. THIS INCLUDES FUNDING FOR DEPARTMENT ADVANCEMENT FUNDS THAT ARE USED TO SUPPORT PROJECTS AND ACTIVITIES NOT SUPPORTED BY STATE FUNDING. THE GENERAL NUMBER IMPACTED BY THAT TYPE OF PROGRAM IS 40 ADMINISTRATIVE UNITS ON CAMPUS AND 850 ADMINISTRATIVE AND OPERATIONAL SUPPORT STAFF. 1571428 1571428 STUDENT SCHOLARSHIPS AND AWARDS IS THE SECOND LARGEST PROGRAM SERVICE OFFERED BY THE FOUNDATION. THIS EQUATES TO 34% OF TOTAL PROGRAM EXPENSES. FUNDING COMES FROM RESTRICTED AND UNRESTRICTED FUNDS. THE NUMBER OF SCHOLARSHIP RECIPIENTS IS OVER 1,000 STUDENTS. 21176 THE THIRD LARGEST AREA OF FOUNDATION FUNDING SUPPORT IS FOR THE ALUMNI OFFICE. THE ALUMNI OFFICE COORDINATES EVENTS ON CAMPUS AND IN OTHER CITIES ACROSS THE UNITED STATES FOR ALUMNI GATHERINGS. NUMEROUS EVENTS ARE HELD EACH YEAR WITH THOUSANDS OF ALUMNI IN ATTENDANCE. 7251 7251 4643737 1 1 0 0 0 1 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 54 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 38 38 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 WI X KIMERA WAYCOBY KOHN 7158362987 105 GARFIELD AVENUE EAU CLAIRE WI 54701 BARRY MOULLET CHAIR 0.00 X X 0 0 0 CARL HOLMQUIST DIRECTOR 0.00 X 0 0 0 CHARLES GRAUPNER DIRECTOR 0.00 X 0 0 0 CHARLES R BAUER DIRECTOR 0.00 X 0 0 0 JEANNIE FLESCH DIRECTOR 0.00 X 0 0 0 LISA ALLAMAN DIRECTOR 0.00 X 0 0 0 PETE FERNHOLZ DIRECTOR 0.00 X 0 0 0 ERIC WAN DIRECTOR 0.00 X 0 0 0 GRACE LAU DIRECTOR 0.00 X 0 0 0 RUDY PEREIRA DIRECTOR 0.00 X 0 0 0 CASEY SYLLA DIRECTOR 0.00 X 0 0 0 DAVID LASSEK DIRECTOR 0.00 X 0 0 0 EVELYN ZABO DIRECTOR 0.00 X 0 0 0 JAMES VAUDREUIL DIRECTOR 0.00 X 0 0 0 KIM SCHULTZ DIRECTOR 0.00 X 0 0 0 SARA MELLINGER DIRECTOR 0.00 X 0 0 0 STEVE BIEN DIRECTOR 0.00 X 0 0 0 DR VICKI LORD LARSON DIRECTOR 0.00 X 0 0 0 JIM MELLINGER DIRECTOR 0.00 X 0 0 0 MELISSA HOEPPNER DIRECTOR 0.00 X 0 0 0 RICK SCHRODER DIRECTOR 0.00 X 0 0 0 ROBERT MICKELSON DIRECTOR 0.00 X 0 0 0 TIMOTHY HOEPPNER DIRECTOR 0.00 X 0 0 0 WILLIAM J KLISH DIRECTOR 0.00 X 0 0 0 GERALD H JACOBSON DIRECTOR 0.00 X 0 0 0 JULIE L PECK DIRECTOR 0.00 X 0 0 0 JAMES SCHMIDT DIRECTOR 0.00 X 0 0 0 JANE LOKKEN DIRECTOR 0.00 X 0 0 0 NEIL LIPINSKI DIRECTOR 0.00 X 0 0 0 JOANNE BRANDES PAST PRESIDENT 0.00 X X 0 0 0 BETSY KELL SECRETARY 0.00 X X 0 0 0 ANDREW D BURISH TREASURER 0.00 X X 0 0 0 GEORGE STROEBEL VICE CHAIR 0.00 X X 0 0 0 LORI MAASSEN ASSISTANT SECRETARY 45.00 X 0 0 0 ROBIN LEARY ASSISTANT SECRETARY 40.00 X 0 0 0 COBY KOHN ASSISTANT TREASURER 45.00 X 20125 0 0 KATHI LEE ASSISTANT TREASURER 0.00 X 0 0 0 KIMERA M WAY PRESIDENT 50.00 X 136350 0 0 156475 0 0 1 0 0 1 0 10622641 242152 10622641 1234363 1234363 457384 427098 30286 30286 30286 1503169 24085 1479084 1479084 1479084 13366374 30286 0 2713447 3043882 3043882 1571428 1571428 11165 11165 95792 95792 8443 8443 103489 13808 89681 72395 72395 16359 16359 46719 46719 1325 1325 10706 10706 SOLICITATION EXPENSE 624351 434271 190080 STUDENT HELP/STIPENDS/A 81884 10459 71425 SUBSCRIPTIONS/BOOKS/MEM 68043 68043 POSTAGE 57921 57921 184042 28427 66884 88731 5997944 4643737 783974 570233 13921 242799 3227001 1951267 1734230 5625423 53711 1257121 3134130 34771 53566 4057085 130623 3635877 3926462 39754311 50903673 4896684 1709413 54553916 67600444 396185 533113 1793022 2014114 2334864 2950658 20000 0 4544071 5497885 X 1126694 2590393 37105751 39131099 11777400 20381067 50009845 62102559 54553916 67600444 X 7368430 4453558 90571 180155 X X 0 1 X 1 0 X 3966751 5506418 5351645 6009449 10622641 31456904 3966751 5506418 5351645 6009449 10622641 31456904 3091583 28365321 -754402 898177 781445 830772 1691747 3447739 34904643 0.81270 0.92370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 611841 676244 1 1 X 4 314.00 0 1 1 20.00 0 48883151 10154007 7219413 2293098 4451307 59512166 43969256 5896467 4080760 1873433 3189899 48883151 42586205 4883715 1316270 1782265 3034669 43969256 35469651 5058890 6741899 1873694 2810541 42586205 32228928 3438830 3834390 1583971 2448526 35469651 0.66000 0.34000 0.00000 1 0 778792 778792 3227974 122291 3105683 38399 8332 30067 11920 11920 3926462 X 18517756 4453558 90571 180155 4724284 13793472 -427098 -427098 13366374 6425042 427098 427098 5997944 0 5997944 PART II, LINE 9: CONSERVATION EASEMENTS ARE REPORTED IN THE FINANCIAL STATEMENTS AS REAL ESTATE PROPERTY AT A VALUE OF $1 PER ACRE. PART V, LINE 4: THERE ARE TWO MAIN USES FOR THE FOUNDATION'S ENDOWMENT FUNDS. FIRST, TO PROVIDE STUDENT SCHOLARSHIPS DESIGNATED SPECIFICALLY BY THE DONORS FOR THIS PURPOSE. SECOND, FOR GENERAL OPERATIONAL SUPPORT OF THE UNIVERSITY'S DEPARTMENTS WHICH HAVE ALSO BEEN SPECIFICALLY DESIGNATED BY THE DONORS. PART X, LINE 2: THE FOUNDATION ADOPTED ASC TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, DURING 2011. ASC TOPIC 740-10 REQUIRES FOUNDATIONS TO DETERMINE WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECORDED NO ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS IN THE YEAR ENDED JUNE 30, 2014. FEDERAL RETURNS FOR THE YEARS ENDED JUNE 30, 2013, 2012, AND 2011, REMAIN SUBJECT TO EXAMINATIONS BY THE INTERNAL REVENUE SERVICE. THE RETURN FOR THE YEAR ENDED JUNE 30, 2014, IS NOT YET DUE AND HAS NOT YET BEEN FILED AS OF THE REPORT DATE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BEQUESTS 100,963. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 60,782. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 18,410. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -427,098. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 427,098. 1 UNIVERSITY OF WISCONSIN - EAU CLAIRE 105 GARFIELD AVENUE EAU CLAIRE WI 54701 391805963 STATE OF WISCONSIN 3043882 UNIVERSITY DEPARTMENT SUPPORT STUDENT SCHOLARSHIPS 1184 1560728 FACULTY/STAFF AWARDS 5 10700 PART I, LINE 2: STUDENT SCHOLARSHIPS ARE ADMINISTERED THROUGH THE UW-EAU CLAIRE FINANCIAL AIDS OFFICE. USING A DIRECT APPLICATION METHOD, SCHOLARSHIP AWARD AMOUNTS ARE DEPOSITED DIRECTLY INTO THE STUDENT'S UNIVERSITY CAMPUS ACCOUNT. THE FINANCIAL AIDS OFFICE MONITORS ALL THE FINANCIAL AID THAT EACH ENROLLED STUDENT RECEIVES. FACULTY AND STAFF AWARDS ARE ADMINISTERED THROUGH DEPARTMENT CHAIRS OR IN THE CASE OF THE SIX EXCELLENCE AWARDS, THOSE ARE PROCESSED THROUGH STAFF NOMINATIONS SUBMITTED TO A DESIGNATED CAMPUS COMMITTEE. 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, SECTION A, LINE 5 OFFICERS OF THE FOUNDATION RECEIVE COMPENSATION FROM THE UNIVERSITY OF WISCONSIN - EAU CLAIRE AND NOT FROM THE FOUNDATION ITSELF, AS OUTLINED IN AN AGREEMENT BETWEEN THE TWO PARTIES ON SEPTEMBER 28, 2012. THIS AGREEMENT STATES THAT THE FOUNDATION WILL PROVIDE TO AND FOR THE BENEFIT OF THE UNIVERSITY DEVELOPMENT SERVICES, WHICH IN TURN, THE UNIVERSITY SHALL PAY SALARY AND FRINGE BENEFITS TO UNIVERSITY STAFF DIRECTLY RESPONSIBLE FOR DEVELOPMENT SERVICES. THE FOUNDATION REIMBURSED UNIVERSITY OF WISCONSIN-EAU CLAIRE $156,475 FOR SALARY AND BENEFITS PROVIDED TO THE OFFICERS. THIS IS REPORTED ON 990, PART VII. THE REMAINING SALARY AND BENEFITS PAID TO OFFICERS BY THE UNIVERSITY OF WISCONSIN - EAU CLAIRE INCLUDE: ROBIN LEARY, ASSISTANT SECRETARY - $51,588 LORI MAASSEN, ASSISTANT SECRETARY - $52,015 COBY KOHN, ASSISTANT TREASURER - $60,375 X 29 242152 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: A STOCK BROKER IS HIRED TO SELL DONATED STOCK GIFTS. FORM 990, PART VI, SECTION A, LINE 2 ONE BOARD MEMBER WORKS AT A LEGAL FIRM THAT THE FOUNDATION OCCASIONALLY EMPLOYS FORM 990, PART VI, SECTION B, LINE 11 990 IS EMAILED TO ALL AUDIT COMMITTEE MEMBERS AND IS REVIEWED AND APPROVED BY THE ASSISTANT TREASURER, TREASURER, AUDIT COMMITTEE CHAIR, AND EXECUTIVE DIRECTOR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER COMPLETES A CONFLICT OF INTEREST STATEMENT AND THEY ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC EITHER BY WAY OF THE ORGANIZATION'S WEBSITE OR UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BEQUESTS 100,963. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 60,782. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 18,410. FORM 990, PART XI, LINE 2C BOARD OF DIRECTORS SELECTS INDEPENDENT AUDITOR. THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BLUGOLD REAL ESTATE LLC 105 GARFIELD AVE EAU CLAIRE WI 54701 273422735 REAL ESTATE WI 457936 3455030 UNIVERSITY OF WISCONSIN-EAU CLAIRE FOUNDATION INC GTNT LLC 105 GARFIELD AVE EAU CLAIRE WI 54701 REAL ESTATE WI 302284 UNIVERSITY OF WISCONSIN-EAU CLAIRE FOUNDATION INC HAYMARKET CONCEPTS LLC PO BOX 617 EAU CLAIRE WI 547020617 452928624 REAL ESTATE WI N/A RELATED -17588 1187830 0 0 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0