2014-02-15T13:55:09-06:00 2013-06-30 420714325 MCGLADREY LLP 221 THIRD AVENUE SE STE 300 CEDAR RAPIDS IA 524011512 990 2012-07-01 426058591 UNIVERSITY OF NORTHERN IOWA FOUNDATION UNIV 3192736078 205 COMMONS UNI CEDAR FALLS IA 506140282 WILLIAM D CALHOUN JR 3192736078 2014-02-17 1 KAY HEGARTY P00091057 3192985333 2012 2015-11-30 17:44:51Z WILLIAM D CALHOUN JR 205 COMMONS UNI CEDAR FALLS IA 506140282 45508423 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 4098 0 12524082 27678761 0 0 2535595 3621685 -1516 10459 15058161 31310905 3924774 4230963 0 0 0 0 319000 328350 2146215 10365361 7202708 14609135 11762021 449026 19548884 97219654 122299973 3990610 3514691 93229044 118785282 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 3567480 3567480 SCHOLARSHIPS, PRIMARILY FOR THE BENEFIT OF STUDENTS AT THE UNIVERSITY OF NORTHERN IOWA 4097117 663483 DEPARTMENTAL SUPPORT FOR THE BENEFIT OF STUDENTS AT THE UNIVERSITY OF NORTHERN IOWA 135543 CAPITAL PROJECTS TO BENEFIT THE UNIVERSITY OF NORTHERN IOWA 7800140 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 1 BD CJ EI 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 AK AZ LA MA MD MI MN NH NJ NY OH OK OR SC TN UT CO DC X X GINA E TRIMBLE 3192737118 1223 WEST 22ND STREET CEDAR FALLS IA 506140239 ROSE LORENZ 2.00 X X 0 0 0 DAVID MASON 2.00 X X 0 0 0 MARK OMAN 2.00 X X 0 0 0 BENJAMIN ALLEN 1.00 X 0 0 0 STEVE ANDERSON 1.00 X 0 0 0 JAN BITTNER 1.00 X 0 0 0 CARL BOYD 1.00 X 0 0 0 JOY CORNING 1.00 X 0 0 0 EUGENE DIETZ 1.00 X 0 0 0 REX ENO 1.00 X 0 0 0 EDWARD J GALLAGHER JR 1.00 X 0 0 0 DONNA HARMAN 1.00 X 0 0 0 JORGEN HEIDEMANN 1.00 X 0 0 0 GUANG JIN 1.00 X 0 0 0 J MICHAEL MCBRIDE 1.00 X 0 0 0 RUTH ANN MEYER 1.00 X 0 0 0 JIM MUDD SR 1.00 X 0 0 0 DAVID OMAN 1.00 X 0 0 0 RICHARD REDFERN 1.00 X 0 0 0 PAUL RHINES 1.00 X 0 0 0 REID RICHARDS 1.00 X 0 0 0 BEV REISS 1.00 X 0 0 0 RICHARD SAVAGE 1.00 X 0 0 0 STEVE SEGEBARTH 1.00 X 0 0 0 JAMES SLIFE 1.00 X 0 0 0 DUANE SMITH 1.00 X 0 0 0 DAVID TAKES 1.00 X 0 0 0 RUSSELL WASENDORF SR 1.00 X 0 0 0 BOBBIE WILLIAMS 1.00 X 0 0 0 TIM WILLIAMS 1.00 X 0 0 0 RICK YOUNG 1.00 X 0 0 0 WILLIAM D CALHOUN JR 40.00 X 183352 0 42308 FRANK ESSER 40.00 X 117164 0 20129 NOREEN HERMANSEN 40.00 X 121628 0 20638 RUTH RATLIFF 30.00 X 35959 0 7731 KRISTINE EVEN 40.00 X 117041 0 29631 JEAN CARLISLE 40.00 X 80913 0 26700 GARY SHONTZ 1.00 X 0 0 0 GINA TRIMBLE 40.00 X 0 0 0 656057 0 147137 4 0 1 1 RUFFALOCODY PO BOX 3018 CEDAR RAPIDS IA 524063018 FUNDRAISING 292550 MORGAN STANLEY SMITH BARNEY 4449 EASTON WAY STE 300 COLUMBUS OH 43219 INVESTMENT ADVISORS 140253 2 151990 27526771 871396 27678761 1917938 1917938 82 82 12000 5721 6279 6279 6279 15804428 14100681 1703747 1703747 1703747 91116 151990 91116 0 PARTNERSHIP K-1S 531120 4098 4098 4098 31310905 0 4098 3628046 X 663483 663483 3567480 3567480 1242 1242 43450 43450 328350 328350 906791 906791 3227198 1355503 702898 1168797 34252 1500 32752 338611 124999 19839 193773 271198 256826 1484 12888 83784 51295 11996 20493 569687 440129 18679 110879 52632 39825 2829 9978 92601 92601 73843 62886 7190 3767 BLDG & EQUIP MAINTENANC 752515 682484 21340 48691 MEALS & ENTERTAINMENT 326911 155360 14148 157403 ANNUITY/TRUST PMTS & AD 232696 232696 MISCELLANEOUS 195297 73073 63780 58444 11762021 7800140 1815666 2146215 40209 241710 632962 1696 7340690 14799317 65999 118501 94041 119931 2138852 1252152 978296 886700 50837045 68752764 35400647 35585211 1829765 1794143 97219654 122299973 398633 387507 294800 3297177 3127184 3990610 3514691 X 4403741 6477870 28995819 33826387 59829484 78481025 93229044 118785282 97219654 122299973 19548884 6007355 0 X 0 1 X 1 0 X 8596853 14024372 20537667 12524082 27713219 83396193 8596853 14024372 20537667 12524082 27713219 83396193 25435625 57960568 2044463 1371650 1597920 1684187 1930020 8628240 14320 4098 18418 9861 79834 89695 92132546 0.62910 0.72920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 3 67.00 1 0 0.00 0 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 46326871 2768110 -9344207 1145628 502391 989873 37112882 0.02570 0.88700 0.08730 0 0 39400 39400 60835 1820427 1040656 840606 191519 191519 0 26671 19977 6694 886700 OTHER INVESTMENTS 158564 F INTEREST IN CRATS 1104032 F INTEREST IN CRUTS 2084259 F ALTERNATIVE INVESTMENTS 32238356 F 35585211 ANNUITIES PAYABLE 1756958 ANNUITY TRUSTS PAYABLE 900647 UNITRUSTS PAYABLE 469579 3127184 X 36547114 6007355 104324 25600 6137279 30409835 906791 -5721 901070 31310905 11052848 104324 93293 197617 10855231 906791 906791 11762022 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: SCHOLARSHIPS AND DEPARTMENTAL SUPPORT FOR STUDENTS AT THE UNIVERSITY OF NORTHERN IOWA. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2010 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 25,600. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -5,721. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF OTHER CONSOLIDATED ENTITIES 87,572. RENTAL EXPENSES 5,721. 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. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2551424 0 0 0 0 0 0 2551424 0 2551424 1 0 0 0 1 0 X X X X X X 1 RUFFALOCODY LLC PO BOX 3018 CEDAR RAPIDS IA 524063018 PHONE SOLICITATION 0 712706 328350 384356 712706 328350 384356 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 RALLY IN THE VALLEY AUCTION 232958 145638 87320 87320 WOMEN AT PLAY AUCTION 10148 6352 3796 3796 243106 151990 91116 91116 91116 0 1 UNIVERSITY OF NORTHERN IOWA-RICHARD JACOBSON CTR FOR COMPREHENSIVE LITERACY 1227 W 27TH ST CEDAR FALLS IA 50614 426004333 530608 CASH TRAIN AND COACH TEACHERS AND TO CONTRIBUTE TO THEIR ONGOING LEARNING AFTER COLLEGE WATERLOO COMMUNITY SCHOOL DISTRICT 1516 WASHINGTON ST WATERLOO IA 50702 426003910 23788 CASH TRAINING FOR AREA SCHOOL DISTRICT TEACHERS IN IOWA FOR THEIR RR TEACHERS STUDENT SCHOLARSHIPS AND AWARDS 1792 3567480 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 180228 0 0 0 3124 0 18922 0 23386 0 225660 0 0 0 JEAN CARLISLE 80510 0 0 0 403 0 8529 0 18171 0 107613 0 0 0 SUPPLEMENTAL INFORMATION PART III 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 KRISTINE EVEN, VP/TEASURER-PART YEAR 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 2 10205 FAIR MARKET VALUE X 3568 FAIR MARKET VALUE X 25 458448 MEAN VALUE X 3 6808 FMV/APPRAISAL X 2 2878 FAIR MARKET VALUE X PRINTING 6 17137 FAIR MARKET VALUE X SUPPLIES 8 9947 FAIR MARKET VALUE X AUCTION 149 81229 FAIR MARKET VALUE X UNIFORMS 2 1519 FAIR MARKET VALUE X EQUIPMENT 3 7091 FAIR MARKET VALUE X MEALS 13 41155 FAIR MARKET VALUE X SOFTWARE, LICENSES 2 231411 FAIR MARKET VALUE 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: 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. DAVE TAKES, TRUSTEE AND JIM MUDD, TRUSTEE HAVE A BUSINESS RELATIONSHIP. DAVE MASON, TRUSTEE AND RICK YOUNG, TRUSTEE HAVE A BUSINESS 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 SPECIAL ASSISTANT TO THE PRESIDENT OF THE UNIVERSITY OF NORTHERN IOWA. 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 SPECIAL ASSISTANT TO THE PRESIDENT/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. OTHER FEES FORM 990, PART IX, LINE 11G OTHER SERVICES: PROGRAM SERVICE EXPENSES 1,355,503. MANAGEMENT AND GENERAL EXPENSES 702,898. FUNDRAISING EXPENSES 1,168,797. TOTAL EXPENSES 3,227,198. OFFICER COMPENSATION FORM 990, PART VII, SECTION A GINA TRIMBLE, VICE PRESIDENT AND TREASURER OF THE BOARD, JOINED THE FOUNDATION ON APRIL 1, 2013. SHE DID NOT RECEIVE ANY COMPENSATION DURING CALENDAR YEAR 2012. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 UNIVERSITY OF NORTHERN IOWA RESEARCH FOUNDATION S 100000 LOAN PAYMENT