2015-05-13T10:15:34-05:00 2014-06-30 420714325 MCGLADREY LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2013-07-01 562276950 THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE INVESTMENT FUND UNIV 7046875806 9201 UNIVERSITY CITY BOULEVARD REESE NO 412 CHARLOTTE NC 282230001 JANE JOHANSEN TREASURER 7046875806 2015-05-07 1 ADRIENNE MCKINNEY P00819656 3362724551 2013 2016-02-25 16:41:14Z RUSSELL ROBINSON II 9201 UNIVERSITY CITY BOULEVARD REESE NO 4 CHARLOTTE NC 282230001 5185709 0 X N/A X 2004 NC THE PRIMARY PURPOSE IS TO ACCEPT FUNDS FROM THE MEMBERS FOR LONG-TERM INVESTMENT AND TO PRODUCE SUFFICIENT INVESTMENT RETURNS TO PROVIDE CURRENT INCOME FOR DISTRIBUTION TO THE MEMBERS TO MEET THEIR CURRENT CHARITABLE, SCIENTIFIC, AND EDUCATIONAL REQUIREMENTS WITH EXCESS INVESMENT RETURNS REINVESTED TO MEET FUTURE NEEDS AND TO DEVELOP AND MONITOR POLICIES AND STRATEGIES TO MAXIMIZE INVESTMENT RETURNS AND MINIMIZE INVESTMENT RISK. 7 5 0 0 16897 12663 0 0 5455949 4881636 74230 99709 0 16897 5530179 4998242 0 0 0 0 0 0 0 0 0 6540956 5922474 6540956 5922474 -1010777 -924232 136684611 157915731 0 103019 136684611 157812712 X THE PRIMARY PURPOSE IS TO ACCEPT FUNDS FROM THE MEMBERS FOR LONG-TERM INVESTMENT AND TO PRODUCE SUFFICIENT INVESTMENT RETURNS TO PROVIDE CURRENT INCOME FOR DISTRIBUTION TO THE MEMBERS TO MEET THEIR CURRENT CHARITABLE, SCIENTIFIC, AND EDUCATIONAL REQUIREMENTS WITH EXCESS INVESTMENT RETURNS REINVESTED TO MEET FUTURE NEEDS AND TO DEVELOP AND MONITOR POLICIES AND STRATEGIES TO MAXIMIZE INVESTMENT RETURNS AND MINIMIZE INVESTMENT RISK. 0 0 5922474 4881636 UNC CHARLOTTE INVESTMENT FUND EXPENDS FUNDS TO MANAGE AND OVERSEE OPERATIONS FOR ALL INVESTMENT-RELATED EXPENSES. 5922474 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 X 7 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JANE JOHANSEN 7046875432 9201 UNIVERSITY CITY BOULEVARD CHARLOTTE NC 282230001 X ELIZABETH HARDIN TREASURER 2.00 X X 0 226809 43379 DR PHILLIP DUBOIS CHANCELLOR/EX-OFFICIO TRUS 2.00 X X 0 325924 54812 KEVIN BROWN INDIVIDUAL TRUSTEE 2.00 X 0 0 0 EUGENE B JOHNSON INDIVIDUAL TRUSTEE 2.00 X 0 0 0 RUSSELL M ROBINSON II CHARIMAN 2.00 X 0 0 0 MICHAEL K SHIELDS INDIVIDUAL TRUSTEE 2.00 X 0 0 0 DIMITRI TRIANTAFYLLIDES INDIVIDUAL TRUSTEE 2.00 X 0 0 0 0 552733 98191 0 0 1 0 0 PARTICIPANT ADDITIONS 900099 4881636 4881636 4881636 1497 1497 285679 187467 98212 98212 98212 UBI FROM PASSTHROUGH 525990 16897 16897 16897 4998242 4881636 16897 99709 1168165 1168165 DISTRIBUTIONS TO MEMBER 4754309 4754309 5922474 5922474 0 0 4983673 5010441 131700938 152905290 136684611 157915731 0 103019 0 103019 X 0 0 0 0 136684611 157812712 136684611 157812712 136684611 157915731 -924232 22052333 0 X X 0 1 X 1 0 X X 0 0 0 UNC CHARLOTTE 560791228 2 1 1673382 FOUNDATION OF UNCC 566059417 5 1 2754987 ATHLETIC FOUNDATION OF UNCC 237050570 5 1 325940 3 4754309 136684611 4881636 22168939 4754309 1168165 157812712 123716392 5455949 14053226 5692597 848359 136684611 120300415 5891819 2456347 4180096 752093 123716392 102159366 6312351 16980797 4198701 953398 120300415 92928711 3900873 9226527 3209071 687674 102159366 0.00000 0.00000 1.00000 0 0 0 GLOBAL ENDOWMENT MANAGEMENT, LP 79305177 F UNC INVESTMENT FUND, LLC 73600113 F 152905290 27050575 22052333 22052333 4998242 0 4998242 5922474 0 5922474 0 5922474 PART V, LINE 4: THE ENDOWMENT FUNDS ARE THE SOURCE OF INVESTED CAPITAL OF THE CONTRIBUTING MEMBERS. IT IS THESE FUNDS THAT ARE INVESTED AND MANAGED TO MEET THE SCHOLARHSIP, RESEARCH, AND OTHER EDUCATIONAL NEEDS OF THE MEMBER PARTICIPANTS. ALTHROUGH THE SOURCE OF INVESTMENTS ARE ENDOWED FUNDS HELD BY PARTICIPANTS FOR LONG-TERM INVESTMENT, UNC INVESTEMENT FUND HOLDS NO ENDOWMENTS. 0 0 0 0 0 0 0 0 0 ELIZABETH HARDIN TREASURER 0 226182 0 0 0 627 0 33258 0 10121 0 270188 0 0 DR PHILLIP DUBOIS CHANCELLOR/EX-OFFICIO TRUS 0 313496 0 0 0 12428 0 22192 0 32620 0 380736 0 0 FORM 990, PART VI, SECTION A, LINE 6 ARTICLE III OF THE BYLAWS EXPRESSLY NAMES THREE MEMBERS OF THE CORPORATION, AND THOSE ARE THE FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE, INC ("FOUNDATION"), THE BOARD OF TRUSTEES OF THE ENDOWMENT OF THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE ("ENDOWMENT"), AND THE ATHLETIC FOUNDATION OF THE UNVIERSITY OF NORTH CAROLINA AT CHARLOTTE ("ATHLETIC FOUNDATION"). A RESOLUTION WAS ADOPTED THAT ALLOWS ENTITIES RELATED TO THE MEMBERS TO INVEST IN THE FUND, BUT WITHOUT VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS THREE PARTICIPANTS THAT INVEST IN THE POOLED INVESTMENT FUND. ALL THREE MEMBERS HAVE VOTING RIGHTS. ARTICLE IV OF THE BYLAWS STATES THAT THERE SHALL BE SEVEN DIRECTORS, TWO DIRECTORS APPOINTED BY THE FOUNDATION , ONE DIRECTOR APPOINTED BY THE ENDOWMENT, ONE DIRECTOR APPOINTED BY THE ATHLETIC FOUNDATION AND THREE EX-OFFICIO DIRECTORS - THE CHANCELLOR OF UNC CHARLOTTE, THE CHARIMAN OF THE BOARD OF TRUSTEES OF THE ENDOWMENT OF UNC CHARLOTTE, AND THE VICE CHANCELLOR OF BUSINESS AFFAIRS OF UNC CHARLOTTE. FORM 990, PART VI, SECTION B, LINE 11 THE INTERNAL REVIEW PROCESS IS COORDINATED AND REVIEWED BY THE UNC CHARLOTTE TREASURY SERVICES DEPARTMENT. AFTER THE TAX RETURN IS RELEASED FROM THE INTERNAL REVIEW PROCESS, THE FORM 990 IS FORWARDED TO THE DESIGNATED OFFICER TO DISTRIBUTE TO EACH BOARD MEMBER OF THE GOVERNING BODY OF THE ORGANIZATION. THE BOARD IS ALLOWED SUFFICIENT TIME TO RESPOND TO THE ORGANIZATION WITH QUESTIONS. ONCE THESE QUESTIONS, IF ANY, ARE ANSWERED, THE TAX RETURN IS RELEASED TO BE SIGNED AND MAILED. THIS PROCESS USES ELECTRONIC FILE TRANSFER FOR THE RETURN WITH QUESTIONS AND ANSWERS COMMUNICATED VIA EMAIL AND/OR TELECONFERENCING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAILED QUESTIONNAIRES TO BOARD MEMBERS AS PRESCRIBED FOR FILING THE TAX FORM 990. THE RETURNED DOCUMENTS WERE CONSISTENTLY REVIEWED AND MONITORED TO DETERMINE ANY INSTANCES OF CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE DIRECTORS/OFFICERS AND HAS NO EMPLOYEES FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY VARIOUS METHODS. THE ORGANIZATION SERVES THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE, WHICH IS SUBJECT TO THE NORTH CAROLINA PUBLIC RECORDS ACT THAT IS ALSO DEEMED APPLICABLE TO THE ORGANIZATION. CONTACT INFORMATION IS PROVIDED FOR INDIVIDUALS REQUESTING THE UNIVERSITY FINANCIAL STATEMENTS. FORM 990, PART VII, SECTION A, COLUMN F THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN COLUMN F, PART VII AND IS NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART XII, LINE 2C MEMBERS OF THE ORGANIZATION'S FULL BOARD ACT AS AN 'AUDIT COMMITTEE' AND PROVIDE OVERSIGHT WITH THROROUGH REVIEW OF INVESTMENT ACTIVITY COMPARED TO MARKET FOR EACH QUARTER, AS WELL AS THROUGH REVIEWS OF THE FINANCIAL REPORTING PROCESS FOR THE PREPARATION OF THE ANNUAL FINANCIAL STATEMENT AUDIT. THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 560791228 UNIVERSITY NC GOVERNMENTAL N/A 0 THE FOUNDATION OF UNCC INC 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 566059417 UNIVERSITY SUPPORT NC 501(C)(3) LINE 5 UNCC 1 THE ATHLETIC FOUNDATION OF UNCC INC 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 237050570 UNIVERSITY SUPPORT NC 501(C)(3) LINE 5 N/A 0 UNCC FACILITIES DEVELOPMENT CORP 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 510537391 UNIVERSITY HOUSING NC 501(C)(3) LINE 9 UNCC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE S 2637938 FAIR MARKET VALUE THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE R 1673382 FAIR MARKET VALUE THE FOUNDATION OF UNC CHARLOTTE S 1987087 FAIR MARKET VALUE THE FOUNDATION OF UNC CHARLOTTE R 2754987 FAIR MARKET VALUE THE ATHLETIC FOUNDATION OF UNC CHARLOTTE S 256611 FAIR MARKET VALUE THE ATHLETIC FOUNDATION OF UNC CHARLOTTE R 325940 FAIR MARKET VALUE