2015-04-10T16:56:11-05:00 2014-06-30 420714325 MCGLADREY LLP 221 THIRD AVENUE SE STE 300 CEDAR RAPIDS IA 524011512 990 2013-07-01 426058591 UNIVERSITY OF NORTHERN IOWA FOUNDATION UNIV 3192736078 205 COMMONS UNI CEDAR FALLS IA 506140282 WILLIAM D CALHOUN JR PRESIDENT 3192736078 2015-03-31 1 KAY HEGARTY P00091057 3192985333 2013 2016-02-25 16:41:14Z WILLIAM D CALHOUN JR 205 COMMONS UNI CEDAR FALLS IA 506140282 51446710 0 X WWW.UNI-FOUNDATION.ORG X 1959 IA THE UNIVERSITY OF NORTHERN IOWA FOUNDATION'S MISSION IS TO SUSTAIN, GROW AND PROMOTE THE UNIVERSITY OF NORTHERN IOWA BY SOLICITING AND MANAGING GIFTS TO SUPPORT THE UNIVERSITY'S EDUCATION, RESEARCH AND SCIENTIFIC ACTIVITIES. 27 27 0 0 25346 0 27678761 11153500 0 0 3621685 8596399 10459 36852 31310905 19786751 4230963 5053703 0 0 0 0 328350 194278 2221854 7202708 8719187 11762021 13967168 19548884 5819583 122299973 136808675 3514691 4666430 118785282 132142245 THE UNIVERSITY OF NORTHERN IOWA FOUNDATION'S MISSION IS TO SUSTAIN, GROW AND PROMOTE THE UNIVERSITY OF NORTHERN IOWA BY SOLICITING AND MANAGING GIFTS TO SUPPORT THE UNIVERSITY'S EDUCATION, RESEARCH AND SCIENTIFIC ACTIVITIES. 0 0 4558973 4558973 SCHOLARSHIPS, PRIMARILY FOR THE BENEFIT OF STUDENTS AT THE UNIVERSITY OF NORTHERN IOWA 4669583 494730 DEPARTMENTAL SUPPORT FOR THE BENEFIT OF STUDENTS AT THE UNIVERSITY OF NORTHERN IOWA 569391 CAPITAL PROJECTS TO BENEFIT THE UNIVERSITY OF NORTHERN IOWA 9797947 1 1 0 0 0 0 1 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS LA MA MD MI MN MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WI WV X X GINA E TRIMBLE 3192737118 1223 WEST 22ND STREET CEDAR FALLS IA 506140239 DAVID MASON CHAIR OF THE BOARD 2.00 X X 0 0 0 MARK OMAN 1ST VICE CHAIR 1.00 X X 0 0 0 DAVID TAKES 2ND VICE CHAIR 1.00 1.00 X X 0 0 0 STEVE ANDERSON TRUSTEE 1.00 X 0 0 0 JAN BITTNER TRUSTEE 1.00 X 0 0 0 PAT COBB TRUSTEE 1.00 1.00 X 0 0 0 JOY CORNING TRUSTEE 1.00 X 0 0 0 EUGENE DIETZ TRUSTEE 1.00 X 0 0 0 REX ENO TRUSTEE 1.00 X 0 0 0 EDWARD J GALLAGHER JR TRUSTEE 1.00 X 0 0 0 DONNA HARMAN TRUSTEE 1.00 X 0 0 0 JORGEN HEIDEMANN TRUSTEE 1.00 1.00 X 0 0 0 GUANG JIN TRUSTEE 1.00 1.00 X 0 0 0 ROSE LORENZ TRUSTEE 1.00 1.00 X 0 0 0 RUTH ANN MEYER TRUSTEE 1.00 1.00 X 0 0 0 JIM MUDD SR TRUSTEE 1.00 X 0 0 0 DAVID OMAN TRUSTEE 1.00 X 0 0 0 RICHARD REDFERN TRUSTEE 1.00 X 0 0 0 REID RICHARDS TRUSTEE 1.00 X 0 0 0 BEV RIESS TRUSTEE 1.00 X 0 0 0 RICHARD SAVAGE TRUSTEE 1.00 1.00 X 0 0 0 STEVE SEGEBARTH TRUSTEE 1.00 X 0 0 0 JAMES SLIFE TRUSTEE 1.00 X 0 0 0 DUANE SMITH TRUSTEE 1.00 1.00 X 0 0 0 STANDY STEVENS TRUSTEE 1.00 X 0 0 0 BOBBIE WILLIAMS TRUSTEE 1.00 X 0 0 0 TIM WILLIAMS TRUSTEE 1.00 X 0 0 0 RICK YOUNG TRUSTEE 1.00 1.00 X 0 0 0 WILLIAM D CALHOUN JR PRESIDENT OF THE BOARD 40.00 1.00 X 190367 0 42850 FRANK ESSER VP FOR DEVELOPMENT 40.00 X 119977 0 21202 NOREEN HERMANSEN VICE PRESIDENT OF THE BOARD 40.00 X 132655 0 22609 GINA TRIMBLE VP/TREASURER OF BOARD 40.00 1.00 X 69374 0 20180 JEAN CARLISLE VP/SECRETARY OF BOARD 40.00 1.00 X 82373 0 28713 GARY SHONTZ VICE PRESIDENT OF THE BOARD 1.00 X 0 0 0 594746 0 135554 3 0 1 1 RUFFALOCODY PO BOX 3018 CEDAR RAPIDS IA 524063018 FUNDRAISING 320922 MORGAN STANLEY SMITH BARNEY 4449 EASTON WAY STE 300 COLUMBUS OH 43219 INVESTMENT ADVISORS 152583 2 139674 74877 10938949 1010545 11153500 2279684 2279684 16077 4571 11506 11506 11506 37869785 31553070 6316715 6316715 6316715 102318 139674 102318 0 PARTNERSHIP K-1S 531120 25346 25346 25346 19786751 0 25346 8607905 X 494730 494730 4558973 4558973 2540 650 1890 59187 59187 194278 194278 1048395 1048395 3401980 1421129 696199 1284652 1000 750 250 416624 166007 21428 229189 50657 38296 2288 10073 135790 91221 11135 33434 616569 481917 3864 130788 68350 52397 2630 13323 92600 92600 67874 55397 7793 4684 BLDG & EQUIP MAINT 1251305 1173439 18006 59860 ANNUITY/TRUST PAYMENTS 500998 500998 MEALS & ENTERTAINMENT 431594 227168 7745 196681 USE TAX 10074 252 662 9160 563650 442023 66145 55482 13967168 9797947 1947367 2221854 241710 586091 1696 2816 14799317 6057690 118501 148985 119931 123918 2153083 1344752 886700 808331 68752764 88444750 35585211 38775900 1794143 1860194 122299973 136808675 387507 1378872 3127184 3287558 3514691 4666430 X 6477870 9163193 33826387 40986283 78481025 81992769 118785282 132142245 122299973 136808675 X 5819583 7562726 -25346 X 0 1 X 1 0 X 14024372 20537667 12524082 27713219 11153500 85952840 14024372 20537667 12524082 27713219 11153500 85952840 25338347 60614493 1371650 1597920 1684187 1930020 2279682 8863459 4098 4098 79834 79834 94900231 0.63870 0.62910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 2.00 2 1 0 0.00 0 83003045 2428503 10794938 1406515 805545 135203 93879223 61060506 19629127 6078199 1372533 1042334 1349920 83003045 61196189 4005346 -529339 1255104 1193686 1162900 61060506 43123573 13083659 7796797 1158311 540146 1109383 61196189 37112883 3221186 4709176 311279 560998 1047393 43123575 0.03000 0.83000 0.14000 1 0 50240 50240 64226 1820427 1131478 753175 191519 191519 0 26671 21755 4916 808331 OTHER INVESTMENTS 197634 F INTEREST IN CRATS 1157107 F INTEREST IN CRUTS 2283792 F ALTERNATIVE INVESTMENTS 35137367 F 38775900 ANNUITIES PAYABLE 1962405 ANNUITY TRUSTS PAYABLE 874140 UNITRUSTS PAYABLE 451013 3287558 X 26482102 7562726 164960 111712 7839398 18642704 1048395 95652 1144047 19786751 13131622 164960 122766 287726 12843896 1048395 74877 1123272 13967168 PART II, LINE 3: TWO EASEMENTS WERE SOLD DURING THE YEAR TO A CONTIGUOUS LANDOWNER. REVENUES AND RELATED EXPENSES OF SELLING WERE PROPERLY RECORDED. PART V, LINE 4: SCHOLARSHIPS AND DEPARTMENTAL SUPPORT FOR STUDENTS AT THE UNIVERSITY OF NORTHERN IOWA. PART X, LINE 2: THE ORGANIZATIONS ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THUS, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAX EFFECTS WITH RESPECT TO ITS FINANCIAL STATEMENTS. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL OR STATE AUTHORITIES FOR YEARS PRIOR TO JUNE 30, 2011 NOR HAVE WE BEEN NOTIFIED OF ANY IMPENDING EXAMINATION AND NO EXAMINATIONS ARE CURRENTLY IN PROCESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE (LOSS) OF OTHER CONSOLIDATED ENTITIES 111,712. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -4,571. TRANSFER FROM UNIPC NETTED AGAINST GRANTS ON F/S 74,877. K-1 PARTNERSHIP INCOME BOOK/TAX DIFFERENCE 25,346. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF OTHER CONSOLIDATED ENTITIES 118,195. RENTAL EXPENSES 4,571. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFER FROM UNIPC NETTED AGAINST GRANTS ON F/S 74,877. PAGE 1, PART II, QUESTION 9: UNIVERSITY OF NORTHERN IOWA FOUNDATION DOES NOT REPORT THE EASEMENTS ON THE ORGANIZATION'S FINANCIAL STATEMENTS. UNIVERSITY OF NORTHERN IOWA FOUNDATION IS IN THE PROCESS OF TRANSFERRING THE EASEMENTS TO UNIVERSITY OF NORTHERN IOWA AS THEY WERE DONATED FOR THE BENEFIT OF UNIVERSITY OF NORTHERN IOWA. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 8470521 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 10588852 0 0 0 0 0 0 19059373 0 19059373 1 0 0 1 0 0 X X X X X X 1 RUFFALOCODY LLC PO BOX 3018 CEDAR RAPIDS IA 524063018 PHONE SOLICITATION 0 1114297 322782 791515 1114297 322782 791515 AL CA FL GA IL KS MS NM NC ND PA RI WV WI AR CT HI KY LA ME MI MS OH TN UT VA AK AZ MD MA MN NH NJ NY OK OR SC WA AUCTION 223230 127508 95722 95722 AUCTION 18762 12166 6596 6596 241992 139674 102318 102318 102318 0 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENT TO RUFFALO CODY INCLUDES $194,278 CONTRACT AMOUNT AND $128,504 FOR STUDENT WAGES. 1 UNIVERSITY OF NORTHERN IOWA-RICHARD JACOBSON CTR FOR COMPREHENSIVE LITERACY 1227 W 27TH ST CEDAR FALLS IA 50614 426004333 381944 CASH THE ROJCCL WAS ESTABLISHED AT THE UNI CAMPUS BY AN ENDOWMENT MADE BY DICK JACOBSEN TO TRAIN AND COACH TEACHERS AND CONTRIBUTE TO THEIR ONGOING LEARNING AFTER COLLEGE. UNI CENTER FOR EDUCATIONAL TRANSFORMATION 1227 W 27TH ST CEDAR FALLS IA 50614 426004333 77550 CASH CARVER GRANT DOLLARS PAID TO THE CENTER IOWA DEPARTMENT OF EDUCATION HOOVER STATE OFFICE BUILDING DES MOINES IA 50319 900743434 9500 CASH VERIZON GRANT PAID FOR TWO SPEAKERS AT THE GOVERNOR'S BULLYING PREVENTION SUMMIT UNIVERSITY OF NORTHERN IOWA 1227 W 27TH ST CEDAR FALLS IA 50614 426004333 19362 CASH AUTISM SPEAKS GRANT PAID TO UNI FOR PAYROLL AND OTHER MISCELLANEOUS EXPENSES STUDENT SCHOLARSHIPS AND AWARDS 1863 4558973 N/A N/A PART I, LINE 2: SCHOLARSHIPS ARE ADMINISTERED BY THE UNIVERSITY OF NORTHERN IOWA'S FINANCIAL AID OFFICE. X X 0 0 0 0 0 0 0 0 0 WILLIAM D CALHOUN JR PRESIDENT OF THE BOARD 186031 0 0 0 4336 0 19393 0 23457 0 233217 0 0 0 NOREEN HERMANSEN VICE PRESIDENT OF THE BOARD 131447 0 0 0 1208 0 13219 0 9390 0 155264 0 0 0 JEAN CARLISLE VP/SECRETARY OF BOARD 81950 0 0 0 423 0 8784 0 19929 0 111086 0 0 0 SCHEDULE J SUPPLEMENTAL INFORMATION FORM 990, PART VII, SECTION A, LINE 1 AND/OR SCHEDULE J, PART II INCLUDE COMPENSATION FOR SERVICES RENDERED TO THE FILING ORGANZATION FROM AN UNRELATED ORGANIZATION. NAME OF UNRELATED ORGANIZATION: THE UNIVERSITY OF NORTHERN IOWA TYPE AND AMOUNT OF COMPENSATION PAID OR ACCRUED: ALL COMPENSATION FOR THE FIVE INDIVIDUALS LISTED BELOW IN (A) AND (B) WAS PAID BY THE UNRELATED ORGANIZATION. PERSONS RECEIVING OR ACCRUING COMPENSATION FROM UNRELATED ORGANIZATION: (A) WILLIAM D. CALHOUN, JR., PRESIDENT AND JEAN CARLISLE, VP/SECRETARY, ARE PAID BY THE UNRELATED ORGANIZATION FOR SERVICES RENDERED TO THE FILING ORGANIZATION. THE FILING ORGANIZATION DOES NOT REIMBURSE THE UNRELATED ORGANIZATION FOR COMPENSATION PAID TO THESE INDIVIDUALS. (B) FRANK ESSER, VP, NOREEN HERMANSEN, VP, AND GINA TRIMBLE, VP/TEASURER ARE PAID BY THE UNRELATED ORGANIZATION FOR SERVICES RENDERED TO THE FILING ORGANIZATION. THE FILING ORGANIZATION REIMBURSES THE UNRELATED ORGANIZATION FOR COMPENSATION PAID TO THESE INDIVIDUALS. COMPENSATION REIMBURSEMENTS PAID TO THE UNRELATED ORGANIZATION ARE REPORTED ON THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990, PART IX, LINE 11G AS OTHER FEES FOR SERVICES. X 7 42263 FMV/APPRAISAL X 5962 FAIR MARKET VALUE X 27 613982 MEAN VALUE X 1 2468 MEAN VALUE X 1 2005 FAIR MARKET VALUE X EQUIPMENT 10 168832 FMV/APPRAISAL X AUCTION 154 94769 FAIR MARKET VALUE X MEALS 14 36363 FAIR MARKET VALUE X PRINTING 9 30672 FAIR MARKET VALUE X SUPPLIES 13 9436 FAIR MARKET VALUE X UNIFORMS 3 3793 FAIR MARKET VALUE 1 0 1 0 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 2 MARK OMAN, TRUSTEE AND DAVID OMAN, TRUSTEE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT REVIEWS THE FORM 990. UPON MANAGEMENT APPROVAL OF THE FORM 990, THE AUDIT COMMITTEE REVIEWS THE ENTIRE FORM 990 AND SCHEDULES WITH THE OUTSIDE TAX PREPARER AT AN ON-CAMPUS COMMITTEE MEETING. THE AUDIT COMMITTEE CHAIR PRESENTS AN OVERVIEW OF THE FORM 990 TO THE FULL BOARD AT AN ON-CAMPUS MEETING. A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE ARE DISTRIBUTED ANNUALLY TO TRUSTEES, OFFICERS AND STAFF. ALL ARE ASKED TO DISCLOSE RELATIONSHIPS AND/OR ORGANIZATIONAL COMMITMENTS TO ASSIST IN IDENTIFYING, MANAGING AND/OR REDUCING CONFLICTS OF INTEREST. QUESTIONNAIRES ARE REVIEWED BY THE PRESIDENT OF THE FOUNDATION OR HIS DESIGNEE FOR POTENTIAL CONFLICTS OF INTEREST. THE PRESIDENT OF THE FOUNDATION COMMUNICATES WITH NECESSARY INDIVIDUALS TO DETERMINE WHAT ACTION, IF ANY, MUST OCCUR, IE, REFRAINING FROM BOARD VOTES, ETC. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT OF THE UNI FOUNDATION ALSO HAS A UNIVERSITY APPOINTMENT AS VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT. SALARY FOR THIS POSITION IS PAID THROUGH UNIVERSITY GENERAL FUNDS. SALARY INCREASES FOR FACULTY, PROFESSIONAL STAFF AND ADMINISTRATORS ARE TO A LARGE EXTENT DETERMINED BY COLLECTIVE BARGAINING OF THE FACULTY UNION. THE AMOUNT OF SALARY INCREASE FOR THE UNI FOUNDATION PRESIDENT AND OTHER OFFICERS IS DETERMINED BY THE PRESIDENT OF THE UNIVERSITY IN CONSULTATION, AS NEEDED, WITH THE UNI FOUNDATION BOARD OF TRUSTEES. INCREASES ARE DETERMINED BY A VARIETY OF FACTORS, PRIMARILY THE ACHIEVEMENT OF MUTUALLY-AGREED UPON ANNUAL GOALS BY THE UNIVERSITY PRESIDENT AND THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT/UNI FOUNDATION PRESIDENT. HUMAN RESOURCE SERVICES AT THE UNIVERSITY PROVIDES REGULAR UPDATES REGARDING SALARIES (BY POSITION AND TITLE) AT OUR PEER INSTITUTIONS. ALL WRITTEN DOCUMENTATION IS HELD IN A LOCKED FILE (BOTH PAPER AND ELECTRONIC) WITHIN THE OFFICE OF THE PRESIDENT AND IS ONLY ACCESSIBLE WITH PERMISSION OF THE RESPECTIVE STAFF MEMBER AND THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER SERVICES: PROGRAM SERVICE EXPENSES 1,421,129. MANAGEMENT AND GENERAL EXPENSES 696,199. FUNDRAISING EXPENSES 1,284,652. TOTAL EXPENSES 3,401,980. FORM 990, PART XI, LINE 9: K-1 PARTNERSHIP INCOME BOOK/TAX DIFFERENCE -25,346. UNIVERSITY OF NORTHERN IOWA RESEARCH FOUNDATION 205 COMMONS UNI CEDAR FALLS IA 506140282 391896362 MANAGE INTELLECTUAL PROPERTY RIGHTS IA 501(C)(3) 11A UNIVERSITY OF NORTHERN IOWA FOUNDATION 1 UNIVERSITY OF NORTHERN IOWA PROPERTIES CORPORATION 205 COMMONS UNI CEDAR FALLS IA 506140282 391896366 ACCEPT, HOLD, MANAGE & ADMINISTER PROPERTY FOR UNI FOUNDATION IA 501(C)(3) 11A UNIVERSITY OF NORTHERN IOWA FOUNDATION 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 UNIVERSITY OF NORTHERN IOWA PROPERTIES CORPORATION C 74877 CASH