2015-05-12T08:28:24-05:00 2014-06-30 540618213 HANTZMON WIEBEL LLP CPA'S 818 E JEFFERSON ST PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2013-07-01 541682176 UNIVERSITY OF VIRGINIA FOUNDATION UNIV 4349824848 PO BOX 400218 CHARLOTTESVILLE VA 229044218 TIM R ROSE SECRETARY 4349824848 2015-04-27 1 W KEITH HANEY P00320032 4342962156 2013 2016-03-07 17:11:31Z TIM R ROSE PO BOX 400218 CHARLOTTESVILLE VA 229044218 148096887 0 X WWW.UVAFOUNDATION.COM X 1993 VA TO PROVIDE ADMINISTRATIVE SERVICES TO UNIVERSITY ENTITIES, UNIVERSITY-RELATED FOUNDATIONS, OR OTHER ENTITIES INVOLVED IN ACTIVITIES WHICH SUPPORT THE UNIVERSITY. TO ENGAGE IN MATTERS PERTAINING TO REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY. TO THAT END, THE FOUNDATION SHALL ENGAGE IN REAL ESTATE ACTIVITIES FOR ONE OR MORE OF THE FOLLOWING REASONS: TO SUPPORT THE UNIVERSITY'S PRIMARY PROGRAMS; TO PROVIDE AN INVESTMENT RETURN; TO PROVIDE FOR THE REAL ESTATE NEEDS OF THE UNIVERSITY FOR THE NEXT 100 YEARS; AND TO IMPROVE THE UNIVERSITY'S BOUNDARIES AND ENTRANCES. TO USE AND ADMINISTER GIFTS, GRANTS, BEQUESTS, AND DEVISES FOR THE BENEFIT OF THE UNIVERSITY. 15 15 49 110 1480079 -355601 4590848 3357200 21451365 23276012 439614 10287567 460471 560195 26942298 37480974 529711 590578 0 0 4235383 4564578 0 0 0 19109470 19894064 23874564 25049220 3067734 12431754 368480986 328304330 278089602 216433902 90391384 111870428 X TO PROVIDE ADMINISTRATIVE SERVICES TO UNIVERSITY OF VIRGINIA (UNIVERSITY) ENTITIES, UNIVERSITY-RELATED FOUNDATIONS, OR OTHER ENTITIES INVOLVED IN ACTIVITIES WHICH SUPPORT THE UNIVERSITY. TO ENGAGE IN MATTERS PERTAINING TO REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY. TO THAT END, THE FOUNDATION SHALL ENGAGE IN REAL ESTATE ACTIVITIES FOR ONE OR MORE OF THE FOLLOWING REASONS: TO SUPPORT THE UNIVERSITY'S PRIMARY PROGRAMS; TO PROVIDE AN INVESTMENT RETURN; TO PROVIDE FOR THE REAL ESTATE NEEDS OF THE UNIVERSITY FOR THE NEXT 100 YEARS; AND TO IMPROVE THE UNIVERSITY'S BOUNDARIES AND ENTRANCES. TO USE AND ADMINISTER GIFTS, GRANTS, BEQUESTS, AND DEVISES FOR THE BENEFIT OF THE UNIVERSITY. 0 0 22837616 480578 31766015 TO PROVIDE ADMINISTRATIVE SERVICES TO UNIVERSITY OF VIRGINIA (UNIVERSITY) ENTITIES, UNIVERSITY-RELATED FOUNDATIONS, OR OTHER ENTITIES INVOLVED IN ACTIVITIES THAT SUPPORT THE UNIVERSITY. TO ENGAGE IN MATTERS PERTAINING TO REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY. TO THAT END, THE FOUNDATION SHALL ENGAGE IN REAL ESTATE ACTIVITIES FOR ONE OR MORE OF THE FOLLOWING REASONS: TO SUPPORT THE UNIVERSITY'S PRIMARY PROGRAMS; TO PROVIDE AN INVESTMENT RETURN; TO PROVIDE FOR THE REAL ESTATE NEEDS OF THE UNIVERSITY FOR THE NEXT 100 YEARS; AND TO IMPROVE THE UNIVERSITY'S BOUNDARIES AND ENTRANCES. 356338 317485 THE FOUNDATION PROVIDES ACCOUNTING SERVICES TO SOME UNIVERSITY RELATED FOUNDATIONS (URF'S). EACH OF THE URF'S IS TAX EXEMPT UNDER SECTION 501(C)(3). THE SERVICES PROVIDED INCLUDE BOOKKEEPING, FINANCIAL ANALYSIS, INVESTMENT ASSISTANCE, BUDGET MANAGEMENT, MANAGEMENT OF AUDIT PROCESS, GENERAL CONSULTING, AND FINANCIAL REPORTING. THE FOUNDATION ALSO PROVIDES ADMINISTRATION OF PAYROLL AND BENEFITS FOR SEVERAL URF'S. BY PROVIDING THESE SERVICES, THE FOUNDATION ENABLES THE UNIVERSITY OF VIRGINIA TO CONCENTRATE MORE RESOURCES (BOTH PERSONNEL AND FINANCIAL) ON RAISING FUNDS FOR ITS EDUCATIONAL PURPOSES. THE FOUNDATION PROVIDES THE ABOVE-MENTIONED SERVICES FOR THE FOLLOWING URF'S: UVA HEALTH FOUNDATION, UVA'S COLLEGE AT WISE FOUNDATION, INC., CURRY SCHOOL OF EDUCATION FOUNDATION, ARCHITECTURE SCHOOL FOUNDATION, AND THE UNIVERSITY OF VIRGINIA ALUMNI BOARD OF TRUSTEES OF THE ENDOWMENT. 110000 110000 THE FOUNDATION GRANTS 11 SCHOLARSHIPS OF $10,000 EACH ANNUALLY. THE SCHOLARSHIPS ARE AWARDED TO GRADUATING SENIOR HIGH SCHOOL STUDENTS. THE FOUNDATION ASKS ALL OF THE PUBLIC AND PRIVATE HIGH SCHOOLS IN VIRGINIA TO NOMINATE ONE GRADUATING SENIOR HIGH SCHOOL STUDENT. THE FOUNDATION HAS FOUND THAT MORE THAN 600 STUDENTS WILL BE NOMINATED FOR THE ELEVEN SCHOLARSHIPS EACH YEAR. THE PRIMARY CRITERIA WILL BE SCHOLASTIC ABILITY. ADDITIONAL CRITERIA INCLUDE EXCELLENCE OF CHARACTER, QUALITIES OF LEADERSHIP, PUBLIC SERVICE AND DEVOTION TO DUTY. AWARDS HAVE BEEN GRANTED FOR APPROXIMATELY 17 YEARS. 23303954 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 216 0 49 1 1 1 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 4349824848 PO BOX 400218 CHARLOTTESVILLE VA 229044218 G DAVID CHEEK DIRECTOR 2.00 X 0 0 0 WILLIAM L TALBERT DIRECTOR 2.00 X 0 0 0 BARBARA J FRIED DIRECTOR 2.00 X 0 0 0 SHARON A M MILLER DIRECTOR 2.00 X 0 0 0 STUART C SIEGEL DIRECTOR 2.00 X 0 0 0 ALBERT H SMALL DIRECTOR 2.00 X 0 0 0 JAMES W TODD DIRECTOR 2.00 X 0 0 0 TIM ROBERTSON DIRECTOR 2.00 X 0 0 0 VICTORIA D HARKER DIRECTOR 2.00 X 0 0 0 LEWIS F PAYNE CHAIRMAN 2.00 X X 0 0 0 THOMAS C SKALAK DIRECTOR 2.00 X 0 310286 82378 ROBERT D SWEENEY DIRECTOR 2.00 X 0 441672 83207 MICHAEL B RUSSELL DIRECTOR 2.00 X 0 0 0 PATRICK D HOGAN DIRECTOR 2.00 X 0 460362 190328 TERESA A SULLIVAN DIRECTOR 2.00 X 0 625291 237227 TIM R ROSE SECRETARY/CEO 40.00 X 392048 0 49373 PATRICK J MCCANN TREASURER/CFO 40.00 X 225220 0 41351 ELTON J OLIVER MORVEN ESTATE MGR 40.00 X 135805 0 17024 WILLIAM E CROMWELL DIR. OF ASSET MANAGEMENT 40.00 X 199623 0 37175 STEWART H GAMAGE DIR. OF THE MORVEN PROGRAMS 40.00 X 201482 0 30934 FREDERICK M MISSEL DIR-DESIGN & DEV 40.00 X 161542 0 34053 DEBORAH A VAN EERSEL CHIEF ADMINISTRATIVE OFFICER 40.00 X 152684 0 33685 1468404 1837611 836735 7 0 1 0 KJELLSTROM & LEE CONSTRUCTION INC 1607 OWNBY LANE RICHMOND VA 23220 CONSTRUCTION 32141076 ODELL ASSOCIATES INC PO BOX 538242 ATLANTA GA 303538242 ARCHITECTURE 1653001 W ASTRATTON CONSTRUCTION INC PO BOX 969 APPOMATTOX VA 24522 CONSTRUCTION 268940 CMS INC 1020 LINDEN AVENUE CHARLOTTESVILLE VA 22902 CONSTRUCTION 246787 ACME TECHNICAL GROUP LLC 11654 PLAZA AMERICA DRIVE 719 RESTON VA 20190 INSTALLATION 238309 12 3357200 3357200 3357200 RENTAL INCOME 900003 20567301 20414735 152566 ADMIN & MANAGEMENT SER 531390 2708711 1771048 937663 23276012 389850 389850 893338 333143 560195 560195 560195 120180487 110282770 9897717 9897717 9897717 37480974 32083500 1480079 560195 480578 480578 110000 110000 748119 227490 520629 2824383 2204713 619670 331187 228548 102639 442469 305344 137125 218420 150729 67691 113106 113106 57718 28859 28859 122456 91842 30614 1929607 1878849 50758 18569 14855 3714 3019919 3019919 6627305 6480861 146444 226779 214935 11844 CONTRACTUAL SERVICES 5953280 5945266 8014 PROPERTY TAXES 1295688 1295688 OTHER OPERATING COSTS 426031 426031 MARKETING 82591 82591 21015 3750 17265 25049220 23303954 1745266 0 3992629 13585961 258754 258754 1939813 1288080 13880912 14105519 197651 157385 246825909 60999850 197815846 185826059 67501905 88776925 9158878 11264514 73734598 13041133 368480986 328304330 10596758 8030496 52944000 47995241 88551037 81683576 125997807 78724589 278089602 216433902 X 10794573 26211840 64820404 70882181 14776407 14776407 90391384 111870428 368480986 328304330 X 12431754 9455315 -408025 X X 0 1 X 1 0 X X X 0 0 0 UNIVERSITY OF VIRGINIA 546001796 LINE 6 1 1 1 23303954 1 23303954 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47577038 10714961 9455271 1891266 65856004 43591280 70581 5675607 1760430 47577038 43236440 2032791 1677951 43591280 36421861 8601353 1786774 43236440 34884052 5074804 3536995 36421861 0.20790 0.02420 0.76790 1 0 5014085 59677484 64691569 155108941 39513559 115595382 27025399 21486291 5539108 185826059 POOLED INVESTMENTS 66561243 F GIFT ANNUITY INVESTMENTS 21500373 F S/T INVESTMENTS-457 PLAN 715309 F 88776925 DEPOSIT LIABILITY 14050614 ADVANCES FROM AFFLIATED ORGANIZATIONS 33466616 OBLIGATION UNDER UNITRUST AGREEMENTS 23615570 OTHER LIABILITIES 433781 DEFERRED INCOME 228839 ACCRUED EXPENSES 1079771 ESTIMATED VALUE OF DERIVATIVES 5849398 78724589 X 45987958 9455315 -558481 8896834 37091124 389850 389850 37480974 24992513 333143 333143 24659370 389850 389850 25049220 PART V, LINE 4: THE ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENTS ESTABLISHED TO FUND SUPPORT OF THE UNIVERSITY OF VIRGINIA FOUNDATION, INCLUDING BUILDING IMPROVEMENT AND FACILITIES MAINTENANCE, SCHOLARSHIPS AND AWARDS, AND OPERATIONAL EXPENSES. PART X, LINE 2: THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE FOUNDATION. THE FOUNDATION GENERALLY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U. S. FEDERAL, STATE, OR LOCAL AUTHORITIES FOR YEARS BEFORE 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME (LOSS) FROM SUBSIDIARY -891,624. RENTAL EXPENSES REPORTED ON PART VIII - LINE 6B 333,143. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTER-COMPANY INTEREST 389,850. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII - LINE 6B 333,143. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTER-COMPANY INTEREST 389,850. 1 UNIVERSITY OF VIRGINIA PO BOX 1525 CHARLOTTESVILLE VA 22902 546001796 170(B)(1)(A)(VI) 480578 OPERATING SUPPORT 1 0 SEE PART IV SUPPLEMENTAL INFORMATION:THE FOUNDATION GRANTS SCHOLARSHIPS TO GRADUATING SENIOR HIGH SCHOOL STUDENTS. THE FOUNDATION ASKS ALL OF THE PUBLIC AND PRIVATE HIGH SCHOOLS IN VIRGINIA TO NOMINATE ONE GRADUATING SENIOR HIGH SCHOOL STUDENT. THE PRIMARY CRITERIA WILL BE SCHOLASTIC ABILITY. ADDITIONAL CRITERIA WILL INCLUDE EXCELLENCE OF CHARACTER, QUALITIES OF LEADERSHIP, PUBLIC SERVICE AND DEVOTION TO DUTY. THE SCREENING COMMITTEE RECOMMENDS FINALISTS FROM EACH OF THE 11 VIRGINIA CONGRESSIONAL DISTRICTS. THE ENDOWMENT'S BOARD OF TRUSTEES SELECTS THE FINAL RECIPIENTS. 11 110000 PART I, LINE 2: GRANTS AND OTHER ASSISTANCE TO GOVERNMENTS AND ORGANIZATIONS IN THE UNITED STATES: THE FOUNDATION GRANTS AMOUNTS DIRECTLY TO THE UNIVERSITY OF VIRGINIA (UNIVERSITY), ALL FUNDS ARE USED DIRECTLY IN COMPLETING THE EDUCATIONAL PURPOSE OF THE UNIVERSITY. GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE UNITED STATES: THE 11 SCHOLARSHIPS AWARDED TO GRADUATING SENIORS FROM VIRGINIA ARE AWARDED ANNUALLY. WHILE THERE IS NO DIRECT REQUIREMENT THAT THE RECIPIENTS REPORT BACK TO THE FOUNDATION HOW THE FUNDS WERE USED, MOST RECIPIENTS WILL LIKELY USE THE FUNDS IN FURTHERANCE OF THEIR EDUCATIONAL PURSUITS. X X X X 0 0 0 0 0 0 0 0 0 THOMAS C SKALAK DIRECTOR 0 310286 0 0 0 0 0 65174 0 17204 0 392664 0 0 ROBERT D SWEENEY DIRECTOR 0 441672 0 0 0 0 0 64826 0 18381 0 524879 0 0 PATRICK D HOGAN DIRECTOR 0 460362 0 0 0 0 0 175417 0 14911 0 650690 0 0 TERESA A SULLIVAN DIRECTOR 0 625291 0 0 0 0 0 231088 0 6139 0 862518 0 0 TIM R ROSE SECRETARY/CEO 292048 0 100000 0 0 0 36563 0 12810 0 441421 0 0 0 PATRICK J MCCANN TREASURER/CFO 196220 0 29000 0 0 0 28946 0 12405 0 266571 0 0 0 ELTON J OLIVER MORVEN ESTATE MGR 131905 0 3900 0 0 0 4214 0 12810 0 152829 0 0 0 WILLIAM E CROMWELL DIR. OF ASSET MANAGEMENT 164623 0 35000 0 0 0 25732 0 11443 0 236798 0 0 0 STEWART H GAMAGE DIR. OF THE MORVEN PROGRAMS 201482 0 0 0 0 0 26094 0 4840 0 232416 0 0 0 FREDERICK M MISSEL DIR-DESIGN & DEV 139542 0 22000 0 0 0 21324 0 12729 0 195595 0 0 0 DEBORAH A VAN EERSEL CHIEF ADMINISTRATIVE OFFICER 137684 0 15000 0 0 0 20875 0 12810 0 186369 0 0 0 PART I, LINE 3 COMPENSATION PACKAGE MUST BE COMPETITIVE WITH SIMILAR POSITIONS IN THE INDUSTRY IN ORDER TO ATTRACT AND RETAIN EXECUTIVE TALENT. THE COMPENSATION COMMITTEE (COMMITTEE) OF THE UVA FOUNDATION BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT AND ADMINISTRATION OF THE CHIEF EXECUTIVE OFFICER'S COMPENSATION PROGRAM. THE COMMITTEE RECOMMENDS A COMPENSATION PROGRAM FOR THE CEO TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR APPROVAL. A ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CHARLOTTESVILLE VIRGINIA 541187150 2011-06-15 40460000 REFINANCING PRIOR TAX-EXEMPT BOND 0 0 0 B VIRGINIA SMALL BUSINESS FINANCING AUTHORITY 541300845 2010-12-21 15000000 BUILDING PROJECT 0 0 0 A 5750000 40460000 104365 2010 0 1 1 1 B 5020760 15000000 74250 14925750 2012 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 1 0 0 0 1 B 0 0 0 0 1 0 0 0 1 A 0 B 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CHARLOTTESVILLE, DATE THE REBATE COMPUTATION WAS PERFORMED: 01/09/2012 X 1 3357200 FMV 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: THE FOUNDATION USES REAL ESTATE COMPANIES TO ASSIST IN THE SALE OF REAL ESTATE PROPERTIES RECEIVED FROM DONORS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE FOUNDATION'S AUDIT AND FINANCE COMMITTEE UPON ITS COMPLETION. THIS COMMITTEE BRIEFS THE FULL BOARD OF THE FOUNDATION AT THE NEXT REGULARLY SCHEDULED MEETING. THE BOARD IS OFFERED A FINAL VERSION OF FORM 990. THE FORM IS FILED AND MADE AVAILABLE FOR PUBLIC INSPECTION BOTH AT THE FOUNDATION AND THROUGH THE UNIVERSITY OF VIRGINIA'S OFFICE OF PUBLIC RELATIONS. FORM 990, PART VI, SECTION B, LINE 12C FOLLOWING APPOINTMENT TO OFFICE, OR APPOINTMENT TO THE FOUNDATION STAFF, DIRECTORS, OFFICERS AND EMPLOYEES OF THE FOUNDATION SHALL BE INFORMED OF THE CONFLICT OF INTEREST POLICY. ON AN ANNUAL BASIS, EACH DIRECTOR AND OFFICER SHALL CERTIFY IN WRITING TO THE BOARD OF DIRECTORS AND EMPLOYEES TO THE CHIEF EXECUTIVE OFFICER THAT, TO THE BEST OF HIS/HER KNOWLEDGE AND BELIEF, HE/SHE HAS ACTED IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE CHIEF EXECUTIVE OFFICER SHALL BE RESPONSIBLE FOR DISSEMINATION OF THE POLICY, THE COMPLETION OF THE ANNUAL CERTIFICATIONS, AND REPORTING NON-COMPLIANCE TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION PROGRAM AT THE UNIVERSITY OF VIRGINIA FOUNDATION (FOUNDATION) IS DESIGNED TO ALIGN THE INTERESTS OF EXECUTIVE OFFICERS WITH THEIR PERFORMANCE. THIS PROGRAM IS BASED ON A PHILOSOPHY THAT THE TOTAL COMPENSATION PACKAGE MUST BE COMPETITIVE WITH SIMILAR POSITIONS IN THE INDUSTRY IN ORDER TO ATTRACT AND RETAIN EXECUTIVE TALENT. THE COMPENSATION COMMITTEE (COMMITTEE) OF THE UVA FOUNDATION BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT AND ADMINISTRATION OF THE CHIEF EXECUTIVE OFFICER'S COMPENSATION PROGRAM. THE COMMITTEE RECOMMENDS A COMPENSATION PROGRAM FOR THE CEO TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR APPROVAL. THE CEO DETERMINES COMPENSATION FOR ALL MANAGEMENT PERSONNEL UNDER HIS/HER SUPERVISION. ANNUALLY, THE CEO SUBMITS TO THE COMMITTEE, A SUMMARY OF TOP MANAGEMENT COMPENSATION. FROM TIME-TO-TIME, AND AT THE CEO'S, OR THE COMMITTEE'S, DISCRETION, OUTSIDE COMPENSATION EXPERTS/CONSULTANTS MAY BE ENGAGED TO ASSIST IN EVALUATING AND DETERMINING APPROPRIATE COMPENSATION LEVELS FOR MANAGEMENT PERSONNEL. BASE SALARIES ARE BENCHMARKED AGAINST SALARIES PAID TO OFFICERS IN COMPARABLE, HIGH-PERFORMING COMPANIES WITH COMPARABLE RESPONSIBILITIES. BASE SALARIES ARE ESTABLISHED BY UTILIZING INFORMATION FROM GENERAL INDUSTRY SURVEYS, CONSULTANTS AND THE MARKETPLACE. THE FOUNDATION'S INCENTIVE PLANS CREATE A DIRECT LINK BETWEEN PAY AND PERFORMANCE. ANNUAL INCENTIVE AWARDS ARE DEPENDENT UPON THE EXECUTIVE'S, AND FOUNDATION'S, PERFORMANCE AGAINST ESTABLISHED OBJECTIVES. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION'S 1023, 990 AND 990-T ARE MADE AVAILABLE FOR PUBLIC INSPECTION BOTH AT THE FOUNDATION AND THROUGH THE UNIVERSITY OF VIRGINIA'S OFFICE OF PUBLIC RELATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS CAN BE DISTRIBUTED TO THE PUBLIC UPON REQUEST. HOWEVER, REQUESTS ARE SUBJECT TO THE APPROVAL OF THE CHIEF EXECUTIVE OFFICER AND THE FOUNDATION'S CONSIDERATION OF THE INTENDED USE OF THE REQUESTED DOCUMENTS. ALL SUCH REQUESTS ARE DIRECTED TO UVA AND THE OFFICE OF PUBLIC AFFAIRS. FORM 990, PART XI, LINE 9: BOOK ADJUSTMENT-GAIN ON SWAP AGREEMENT 483,599. LOSS FROM SUBSIDIARIES -891,624. FORM 990, PART XII, QUESTION 2C: RESPONSIBILITY FOR AUDIT OVERSIGHT AND SELECTION OF INDEPENDENT ACCOUNTANT: THE FOUNDATION'S BOARD OF DIRECTORS HAS AN AUDIT AND FINANCE COMMITTEE THAT IS RESPONSIBLE FOR SELECTION AND RETENTION OF THE INDEPENDENT AUDITORS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS. THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE FOUNDATION'S AUDIT AND FINANCE COMMITTEE UPON ITS COMPLETION. THIS COMMITTEE BRIEFS THE FULL BOARD OF THE FOUNDATION AT THE NEXT REGULARLY SCHEDULED MEETING. FORM 990, SCHEDULE A, QUESTION H (VII): AMOUNT OF MONETARY SUPPORT TO UNIVERSITY OF VIRGINIA ($23,303,954): SEE PAGE 10 - STATEMENT OF FUNCTIONAL EXPENSES FOR DETAILED BREAKDOWN UNIVERSITY OF VIRGINIA PO BOX 400160 CHARLOTTESVILLE VA 229044160 546001796 EDUCATIONAL INSTITUTION VA 170(B)(1)(A)(VI) 0 UNIVERSITY OF VIRGINIA HOST PROPERTIES INC 200 EDNAM DRIVE CHARLOTTESVILLE VA 22903 541089937 SPA, HOTEL AND SPORTS CLUB VA C 12593476 38267965 1.00000 1 MEADOW CREEK CORPORATION 105 EMMET STREET N CHARLOTTESVILLE VA 22903 541900763 HOTEL VA C 1957174 10925195 1.00000 1 HISTORIC RENOVATION CORPORATION ONE BOARS HEAD POINTE CHARLOTTESVILLE VA 22903 541264273 REAL ESTATE MANAGEMENT VA C 276682 82386 1.00000 1 MEADOW CREEK II CORPORATION 400 NORTH EMMET STREET CHARLOTTESVILLE VA 22903 364631045 HOTEL VA C 47608 1.00000 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 UNIVERSITY OF VIRGINIA HOST PROPERTIES INC J 152566 FMV UNIVERSITY OF VIRGINIA HOST PROPERTIES INC A 336698 FMV MEADOW CREEK CORPORATION S 60000 FMV MEADOW CREEK II CORPORATION S 15000 FMV UNIVERSITY OF VIRGINIA HOST PROPERTIES INC S 683663 FMV UNIVERSITY OF VIRGINIA HOST PROPERTIES INC D 7098007 N/A MEADOW CREEK II CORPORATION D 7007512 N/A MEADOW CREEK II CORPORATION A 53152 FMV HISTORIC RENOVATION CORPORATION S 179000 FMV