2015-01-26T14:25:21-06:00 2014-06-30 540618213 HANTZMON WIEBEL LLP CPA'S 818 E JEFFERSON ST PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2013-07-01 546052945 VIRGINIA ENGINEERING FOUNDATION INC VIRG 4349243045 PO BOX 400256 CHARLOTTESVILLE VA 229044256 BOB BREMER TREASURER 4349243045 2015-01-20 1 W KEITH HANEY P00320032 4342962156 2013 2016-03-07 17:11:31Z JEFFREY E SANDS PO BOX 400256 CHARLOTTESVILLE VA 229044256 5068206 0 X WWW.SEAS.VIRGINIA.EDU/VEF X 1953 VA THE FOUNDATION IS ORGANIZED TO SUPPORT THE UNIVERSITY OF VIRGINIA SCHOOL OF ENGINEERING AND APPLIED SCIENCE. 28 26 10 27 0 0 2986104 4632527 0 0 445 5347 53550 46925 3040099 4684799 3866815 2356431 0 0 820943 826635 0 0 993558 915696 884900 5603454 4067966 -2563355 616833 22040851 24833731 146448 103778 21894403 24729953 X THE UNIVERSITY OF VIRGINIA ENGINEERING FOUNDATION SUPPORTS THE MISSION OF THE UNIVERSITY OF VIRGINIA SCHOOL OF ENGINEERING AND APPLIED SCIENCE BY LEADING EFFORTS TO BUILD AND SUSTAIN BENEFICIAL RELATIONSHIPS AND BY RAISING, INVESTING, MANAGING AND PROVIDING EXTERNAL PRIVATE FINANCIAL RESOURCES. 0 0 2356431 2356431 GRANTS & ALLOCATIONS - THE FOUNDATION PROVIDES GRANTS & ALLOCATIONS TO THE UNIVERSITY OF VIRGINIA SCHOOL OF ENGINEERING & APPLIED SCIENCE (ENGINEERING SCHOOL) AND OTHER ORGANIZATIONS AND STUDENTS FOR THE BENEFIT OF THE ENGINEERING SCHOOL. 283817 46925 SUPPORT SERVICES - IN ADDITION TO FUND RAISING ACTIVITIES, THE FOUNDATION PROVIDES INFORMATIONAL SERVICES TO THE GENERAL PUBLIC & AUXILIARY SUPPORT TO THE UVA SCHOOL OF ENGINEERING. 2640248 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 26 0 10 1 0 0 0 0 0 0 0 0 0 0 X 28 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA CO MD MA MI MN NH NJ NY NC OH OR WV SC UT WA DC AK AR HI KY X UNIVERSITY OF VIRGINIA FUND 4342439015 211 EMMET STREET S CHARLOTTESVILLE VA 22903 JAMES H AYLOR EX-OFFICIO TRUSTEE 4.00 X 0 0 0 JOHN DEMASO TRUSTEE 10.00 X X 0 0 0 KENNETH M HUMPHRIES EX-OFFICIO TRUSTEE 1.00 X 0 0 0 DAVID S GEE PRESIDENT 1.00 X X 0 0 0 JEFFREY E SANDS EXECUTIVE DIRECTOR 40.00 X X 178263 0 41467 MICHAEL N GARRETT SECRETARY 1.00 X X 0 0 0 WILLIAM S GARRETT TRUSTEE 1.00 X 0 0 0 MIKE A PAUSIC TRUSTEE 1.00 X 0 0 0 WILLIAM M POWERS TRUSTEE 1.00 X 0 0 0 PETER QUICK TRUSTEE 1.00 X 0 0 0 JILL S TIETJEN TRUSTEE 1.00 X 0 0 0 AMB ALTON G KEEL JR TRUSTEE 1.00 X 0 0 0 DAVID MILLER ADVANCEMENT COMMITTEE CHAIR 1.00 X 0 0 0 FRED H STUBBLEFIELD JR TRUSTEE 1.00 X 0 0 0 ROBERT BREMER TREASURER/FINANCE BOARD CH 4.00 X X 15066 0 4268 RANDOLPH V DANIEL IV STRATEGIC PLANNING COMM. CHAIR 1.00 X 0 0 0 RUTH FIRSCHING HAILE FINANCE COMMITTEE CHAIR 1.00 X 0 0 0 STEVE RABER TRUSTEE 1.00 X 0 0 0 WILLIAM TALBERT TRUSTEE 1.00 X 0 0 0 LORIA YEADON TRUSTEE 1.00 X 0 0 0 J MILTON ADAMS PHD EX-OFFICIO TRUSTEE 1.00 X 0 0 0 KENNETH A BRONFIN TRUSTEE 1.00 X 0 0 0 MARK GOGOLEWSKI TRUSTEE 1.00 X 0 0 0 DAVID A HEACOCK TRUSTEE 1.00 X 0 0 0 RAYMOND J KILMER TRUSTEE 1.00 X 0 0 0 BRIAN J JACKSON TRUSTEE 1.00 X 0 0 0 GLENN M MCGONNIGLE AUDIT COMMITTEE CHAIR 1.00 X 0 0 0 PAUL K VOIGT TRUSTEE 1.00 X 0 0 0 193329 0 45735 1 0 1 0 OLSON 420 NORTH FIFTH STREET SUITE 1000 MINNEAPOLIS MN 55401 MARKETING CONSULTING 150757 1 4632527 193327 4632527 7814 7814 380940 383407 -2467 -2467 -2467 GIFT ASSESSMENT 900099 46925 46925 46925 4684799 46925 0 5347 2356431 2356431 269664 146187 123477 421549 42169 93973 285407 49473 4922 10219 34332 53312 2956 14828 35528 32637 3226 6841 22570 55000 27499 27501 19602 19602 168755 148896 13478 6381 256748 3424 253324 31158 27652 3506 1197 72 395 730 98178 2292 6271 89615 185 60 125 777 777 17570 17570 ALUMNI AND PARENT ACTIV 188720 4860 45382 138478 GIFT ASSESSMENT FEES 46925 46925 MISCELLANEOUS 85 85 4067966 2640248 434160 993558 4340348 4183081 3785982 3796214 33717 38183 54543 53410 1910 1133 2219739 2674177 9721200 11739073 1937955 2401870 22040851 24833731 146448 103778 146448 103778 X 3155585 3071197 8657153 10850070 10081665 10808686 21894403 24729953 22040851 24833731 616833 2218717 0 X X 0 1 X 1 0 X 3151581 4244191 6844043 2986104 4632527 21858446 3151581 4244191 6844043 2986104 4632527 21858446 6642208 15216238 8990 136027 1051 1161 7814 155043 22013489 196343 0.69120 0.67020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9721200 794965 1858938 636030 11739073 8941617 221467 1148135 590019 9721200 7546094 2667943 386519 1658939 8941617 4266961 2633860 798858 151585 7548094 2890801 61709 334898 20447 3266961 0.74350 0.25650 0 0 54543 53410 1133 1133 POOLED INVESTMENT ACCOUNT 11739073 F 11739073 CASH VALUE OF LIFE INSURANCE 219870 NET PRESENT VALUE OF INTEREST IN SPLIT-INTEREST AGREEMENTS 2182000 2401870 X 6925396 2218717 21880 2240597 4684799 0 4684799 4089846 21880 21880 4067966 0 4067966 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR SCHOLARSHIPS AND OPERATIONAL USE. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. 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 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 TAX AUTHORITIES FOR YEARS BEFORE 2011. 1 UNIVERSITY OF VIRGINIA PO BOX 1525 CHARLOTTESVILLE VA 22902 546001796 170(B)(1)(A)(VI) 2344415 FMV OPERATING SUPPORT UNIVERSITY OF VIRGINIA PO BOX 1525 CHARLOTTESVILLE VA 22902 546001796 170(B)(1)(A)(VI) 12016 FMV SCHOLARSHIPS 1 0 PART I, LINE 2: THE FOUNDATION MAKES GRANTS TO THE UNIVERSITY OF VIRGINIA AND OTHER ORGANIZATIONS TO SUPPORT THE SCHOOL OF ENGINEERING AND APPLIED SCIENCE (SEAS), INCLUDING OPERATIONAL SUPPORT, FACILITIES IMPROVEMENT AND MANAGEMENT, AND ENGINEERING EDUCATION AWARDS AND SCHOLARSHIPS. FOUNDATION MANAGEMENT REVIEWS AND APPROVES ALL FUNDING REQUESTS FROM SEAS. THE FOUNDATION DOES NOT MAINTAIN DISCRETIONARY POWER OVER DISTRIBUTION OF FUNDS FOR INDIVIDUAL AWARDS AND SCHOLARSHIPS. SEAS AWARD AND SCHOLARSHIP RECIPIENTS ARE SELECTED AND MONITORED BY THE ENGINEERING SCHOOL'S FACULTY AND ADMINISTRATORS. X X 0 0 0 0 0 0 0 0 0 JEFFREY E SANDS EXECUTIVE DIRECTOR 178263 0 0 0 0 0 15978 0 25489 0 219730 0 0 0 X 55 193327 QUOTED MARKET VALUES 0 0 1 1 PART I, LINE 32B: THE FOUNDATION USES THE SERVICES OF THIRD PARTY BROKERS TO SELL DONATED PUBLICLY-TRADED STOCK. NONCASH GIFTS WILL BE ACCEPTED ONLY WHEN IT IS REASONABLY EXPECTED THAT THEY CAN BE CONVERTED INTO CASH WITHIN A REASONABLE PERIOD OF TIME OR WHEN THE FOUNDATION OR THE UNIVERSITY OF VIRGINIA SCHOOL OF ENGINEERING AND APPLIED SCIENCE (SEAS) CAN UTILIZE THE PROPERTY OR SERVICES IN ITS OPERATIONS. GENERALLY, (SIX MONTHS TO ONE YEAR) SHALL BE CONSIDERED REASONABLE FOR CONVERSION TO CASH. ALL NONCASH GIFTS TO THE FOUNDATION WILL BE SOLD AT THE DISCRETION OF THE FOUNDATION, WHOSE EXPRESS POLICY WILL BE TO CONVERT THE PROPERTY TO CASH AT THE EARLIEST OPPORTUNITY, KEEPING IN MIND CURRENT MARKET CONDITIONS AND THE POTENTIAL USE OF THE PROPERTY IN THE ACCOMPLISHMENT OF THE MISSION OF THE FOUNDATION AND SEAS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE FOUNDATION'S FINANCE COMMITTEE WITH EXTERNAL AUDITORS UPON COMPLETION OF THE AUDITED FINANCIAL STATEMENTS. THIS COMMITTEE THEN PROVIDES EACH VOTING MEMBER OF THE BOARD WITH A FINAL VERSION OF FORM 990. AFTERWARDS, THE FORM 990 IS FILED AND MADE AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS PROVIDED A COPY OF THE WRITTEN CONFLICT OF INTEREST POLICY. ANNUALLY, THIS POLICY IS REVIEWED BY THE BOARD OF DIRECTORS WITH EACH MEMBER COMPLETING A CONFLICT OF INTEREST STATEMENT, WHICH IS RETAINED UNTIL REQUIRING AN UPDATE DURING THE YEAR OR ANNUAL FALL MEETING. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART I, LINE 15 AND PART IX, LINE 5 REIMBURSEMENTS ARE MADE BY THE VIRGINIA ENGINEERING FOUNDATION, INC. (FOUNDATION) TO AN AFFILIATED ORGANIZATION FOR INDIVIDUALS PERFORMING SERVICES ON BEHALF OF THE FOUNDATION. FOR THE 2013 IRS FORM 990 THESE COSTS HAVE BEEN INCLUDED IN "COMPENSATION OF CURRENT OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES SALARIES AND WAGES". FORM 990, PART VII, LINES 1B AND 1D SOME OF THE AMOUNTS REPORTED IN PART VII, LINES 1D AND 1F REPRESENT REIMBURSEMENTS PAID BY THE FOUNDATION TO AN AFFILIATED ORGANIZATION FOR SERVICES PROVIDED BY AN EMPLOYEE OF THE AFFILIATED ORGANIZATION TO THE FOUNDATION. CHARITABLE REMAINDER TRUSTS (5) INVESTMENTS VA N/A T 0 CHARITABLE REMAINDER TRUSTS (1) INVESTMENTS TX N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0