UNIVERSITY OF MEMPHIS FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF MEMPHIS FOUNDATION (EIN 62-6048540)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-10
- IRS object ID
- 201440419349300749
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-10T14:00:39-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560747981 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 999 S SHADY GROVE RD STE 400 | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 38120 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 626048540 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MEMPHIS FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 9016783255 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 635 NORMAL STREET ALUMNI CENTER NO | AddressLine1 |
| Address Line2 | 108 | AddressLine2 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 38152 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LARRY BUNCH | Name |
| Title | MANAGING DIRECTOR | Title |
| Phone | 9016783255 | Phone |
| Date Signed | 2014-02-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN A MAY JR | Name |
| PTIN | P00210965 | PTIN |
| Phone | 9017613000 | Phone |
| Date Prepared | 2014-01-30 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LARRY BUNCH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 107 ALUMNI CENTER | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 38152 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 91765766 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MEMPHIS.EDU/ADVANCE/FOUNDATION | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1964 | YearFormation |
| State Legal Domicile | TN | StateLegalDomicile |
| Activity Or Mission Description | THE FOUNDATION ACCEPTS AND ADMINISTERS SUPPORT TO THE UNIVERSITY OF MEMPHIS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 32 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | -217607 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -217607 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 23773788 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 29816322 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1510085 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2420439 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1724083 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1379248 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 27007956 | TotalRevenuePriorYear |
| Total Revenue Current Year | 33616009 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 24820379 | OtherExpensePriorYear |
| Other Expenses Current Year | 25898564 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 24820379 | TotalExpensesPriorYear |
| Total Expenses Current Year | 25898564 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2187577 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7717445 | RevenuesLessExpensesCY |
| Total Assets BOY | 114262222 | TotalAssetsBOY |
| Total Assets EOY | 130090055 | TotalAssetsEOY |
| Total Liabilities BOY | 10787517 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 11709136 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 103474705 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 118380919 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE FOUNDATION ACCEPTS AND ADMINISTERS SUPPORT TO THE UNIVERSITY OFMEMPHIS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 24521775 | Expense |
| Revenue | 1596855 | Revenue |
| Description | THE FOUNDATION PROVIDED FUNDS FOR SCHOLARSHIPS, FELLOWSHIPS, ACADEMIC ENRICHMENT AND VARIOUS OTHER PROGRAMS AND PROJECTS IN SUPPORT OF THE STUDENTS, FACULTY, STAFF AND MISSION OF THE UNIVERSITY OF MEMPHIS. | Description |
| Total Program Service Expense | 24521775 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 32 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TARIT LIM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9016783950 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 635 NORMAL STREET ALUMNI CENTER | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 38152 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (43 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| MS AMY RHODES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS CAROLYN WILLIAMS-BENNETT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DAVE FERRARO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS ANISE BELZ | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR HILLIARD CREWS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| THE HON PAULETTE DELK | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DON HUTSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JAMES LACKIE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JOE ORGILL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR ELLIOT PERRY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DAVID PORTER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR PHIL TRENARY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| THE HON DIANE KVESCOVO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR MICHAEL BRUNS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR WILLIE H GREGORY SR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS HELEN GRONAUER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DAVID KUSTOFF | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MRJAMES E MCGEHEE JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR TRISH CALVERT RING | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR STEFAN SMITH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR R A SPELL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JOHN STOKES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JAMES VINING | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR HERMAN ART GILLIAM JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DAVID C PERDUE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JOHN REID | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR STEPHEN REYNOLDS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR GARY SHORB | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR HARRY SMITH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS RITA SPARKS | |||||||
| SECRETARY/ TRUSTEE | 1.00 | X | 0 | 0 | 0 | X | |
| MS LAURIE TUCKER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DAVID WEDAMAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR KEMMONS WILSON JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DAVID ZETTERGREN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR CHARLES BURKETT | |||||||
| FORMER PRESIDENT/TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JAMES THOMAS WATSON | |||||||
| PRESIDENT/TRUSTEE | 1.00 | X | 0 | 0 | 0 | X | |
| MR TOM KADIEN | |||||||
| TREASURER/TRUSTEE | 1.00 | X | 0 | 0 | 0 | X | |
| MR JOE PEPE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR BEN BRYANT | |||||||
| VICE PRESIDENT/TRUSTEE | 1.00 | X | 0 | 0 | 0 | X | |
| MS CAROLYN HARDY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR GEORGE JOHNSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LARRY BUNCH | |||||||
| MANAGING DIRECTOR | 40.00 | 0 | 97218 | 30891 | X | ||
| MS JULIE JOHNSON | |||||||
| EXECUTIVE DIRECTOR/VP ADVA | 40.00 | 0 | 166077 | 23411 | X | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 263295 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 54302 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| HOLLMAN INC | |||||
| 1825 W WALNUT HILL LN STE 110 | IRVING | TX | 750384453 | CONSTRUCTION AND RENOVATION | 424160 |
| SULLIVAN BRANDING LLC | |||||
| 175 TOYOTA PLZ STE 600 | MEMPHIS | TN | 381032690 | ADVERTISING, MARKETING AND PUBLIC RELATI | 220633 |
| BAKER AND ASSOCIATES LLC | |||||
| 4799 OLDE TOWNE PKWY STE 202 | MARIETTA | GA | 300684350 | PROFESSIONAL SERVICES | 200430 |
| MONTGOMERY MARTIN CONTRACTORS LLC | |||||
| 8245 TOURNAMENT DR STE 300 | MEMPHIS | TN | 381258874 | CONSTRUCTION AND RENOVATION | 200044 |
| BARNES & BROWER INC | |||||
| 3787 OLD GETWELL ROAD | MEMPHIS | TN | 381186031 | CONSTRUCTION AND RENOVATION | 188762 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 17 | NumberOfContractorsGT100K |
| All Other Contributions | 29816322 | AllOtherContributions |
| Noncash Contributions | 1086464 | NoncashContributions |
| Total Contributions | 29816322 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1405436 | TotalRevenueColumn |
| Exclusion | $1,405,436 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 59164760 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 58149757 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1015003 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1015003 | TotalRevenueColumn |
| Exclusion | $1,015,003 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| MISC. REVENUE-RELATED-990 | 611710 | 1596855 | 1596855 | |
| PASS-THROUGH | 531390 | -217607 | -217607 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1379248 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33616009 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1596855 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -217607 | UnrelatedBusinessRevenue |
| Exclusion | $2,420,439 | ExclusionAmount |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 184960 | Total |
| Management And General | 184960 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNIVERSITY SUPPORT | Description |
| Total | 25713604 | Total |
| Program Services | 24521775 | ProgramServices |
| Management And General | 1191829 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25898564 | Total |
| Program Services | 24521775 | ProgramServices |
| Management And General | 1376789 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1685469 | BOY |
| EOY | 684874 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6867530 | BOY |
| EOY | 13920766 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96114 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62687728 | BOY |
| EOY | 66247911 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42117526 | BOY |
| EOY | 48434659 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 807855 | BOY |
| EOY | 801845 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114262222 | BOY |
| EOY | 130090055 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10787517 | BOY |
| EOY | 11709136 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10787517 | BOY |
| EOY | 11709136 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7526792 | BOY |
| EOY | 8388186 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39881430 | BOY |
| EOY | 49516434 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56066483 | BOY |
| EOY | 60476299 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103474705 | BOY |
| EOY | 118380919 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114262222 | BOY |
| EOY | 130090055 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 7717445 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 7188769 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 20377642 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16977596 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 17642126 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 23773788 | CurrentTaxYearMinus1Year |
| Current Tax Year | 29816322 | CurrentTaxYear |
| Total | 108587474 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 20377642 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16977596 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 17642126 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 23773788 | CurrentTaxYearMinus1Year |
| Current Tax Year | 29816322 | CurrentTaxYear |
| Total | 108587474 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 4251111 | AmountsSubstContributorsTotal |
| Public Support Total170 | 104336363 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1629952 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1566486 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2490339 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1281124 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1405436 | CurrentTaxYear |
| Total | 8373337 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 116960811 | TotalSupport |
| Public Support Pertcentage170 | 0.89210 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.88720 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 1 | MailingsMembers |
| Mailings Members | $501 | MailingsMembersAmount |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $199,535 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 1 | RalliesDemonstrations |
| Rallies Demonstrations | $920 | RalliesDemonstrationsAmount |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 200956 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 344123 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | CLASSROOM INSTRUCTION | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 69736890 | BeginningOfYearBalance |
| Contributions | 3350128 | Contributions |
| Investment Earnings Or Losses | 8435822 | InvestmentEarningsOrLosses |
| Other Expenditures | 2462409 | OtherExpenditures |
| End Of Year Balance | 79060431 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 70869171 | BeginningOfYearBalance |
| Contributions | 2012239 | Contributions |
| Investment Earnings Or Losses | -549573 | InvestmentEarningsOrLosses |
| Other Expenditures | 2594947 | OtherExpenditures |
| End Of Year Balance | 69736890 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 61478602 | BeginningOfYearBalance |
| Contributions | 3266240 | Contributions |
| Investment Earnings Or Losses | 8770371 | InvestmentEarningsOrLosses |
| Other Expenditures | 2646042 | OtherExpenditures |
| End Of Year Balance | 70869171 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 55400777 | BeginningOfYearBalance |
| Contributions | 2457284 | Contributions |
| Investment Earnings Or Losses | 6166098 | InvestmentEarningsOrLosses |
| Other Expenditures | 2545557 | OtherExpenditures |
| End Of Year Balance | 61478602 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.06300 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.93700 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| LIMITED PARTNERSHIPS & LLCS | 41295327 | F |
| COMMON/COLLECTIVE TRUST FUNDS EQUITIES | 7139332 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 48434659 | TotalOfBookValueSecurities |
| Tot Revenue Etc Audited Fincl Stmt | 40804778 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7188769 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 7188769 | RevenueNotRptdF990 |
| Revenue Subtotal | 33616009 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 33616009 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 25898564 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 25898564 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 25898564 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | EGYPTION RELATED ART AND ARTIFACTS USED FOR EDUCATIONAL PURPOSES. | |
| PART V, LINE 4: | THE UNIVERSITY OF MEMPHIS FOUNDATION'S ENDOWMENT ACCOUNTS CONSIST OF DONOR-RESTRICTED ENDOWMENT FUNDS AND INCLUDE OVER 400 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. THE BOARD OF TRUSTEES OF THE UNIVERSITY OF MEMPHIS FOUNDATION HAS INTERPRETED UPMIFA AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE FOUNDATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT FUNDS AND (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT FUNDS. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUNDS THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE FOUNDATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. IN ACCORDANCE WITH UPMIFA, THE FOUNDATION CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND THE PURPOSES OF THE FOUNDATION AND THE DONOR-RESTRICTED ENDOWMENT FUND GENERAL ECONOMIC CONDITIONS THE POSSIBLE EFFECT OF INFLATION AND DEFLATION THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS OTHER RESOURCES OF THE FOUNDATION THE INVESTMENT POLICIES OF THE FOUNDATION | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MS JULIE JOHNSON | NamePerson |
| Title | EXECUTIVE DIRECTOR/VP ADVA | Title |
| Base Compensation Filing Org | 0 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 166077 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 23411 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 0 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 189488 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|
| TOM WATSON | ||
| MR. WATSON IS ON THE BOARD OF TRUSTEES | THE FOUNDATION PROCESSES UNIVERSITY REQUESTED PAYMENTS TO ARMSTRONG RELOCATION/UNITED VAN LINES FOR MOVING SERVICES PROVIDED UNIVERSITY EMPLOYEES. MR. WATSON IS AN OFFICER OF ARMSTRONG RELOCATION. | 0 |
| JOHN STOKES | ||
| MR. STOKES IS ON THE BOARD OF TRUSTEES | THE FOUNDATION HAS A BROKERAGE ACCOUNT WITH RAYMOND JAMES. MR. STOKES IS EMPLOYED BY RAYMOND JAMES. | 0 |
| RA SPELL | ||
| MR. SPELL IS ON THE BOARD OF TRUSTEES | THE FOUNDATION HAS A BROKERAGE ACCOUNT WITH RAYMOND JAMES. MR. SPELL IS EMPLOYEED BY RAYMOND JAMES. | 0 |
| LAURIE TUCKER | ||
| MS. TUCKER IS ON THE BOARD OF TRUSTEES | THE FOUNDATION USES FEDEX FOR DOCUMENT DELIVERY. MS TUCKER WAS AN OFFICER OF FEDEX AS OF 6/30/13. | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 22 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1086464 | NoncashContribsRptdF990 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | BROKERAGE ACCOUNTS ARE MAINTAINED WITH VARIOUS PUBLIC FIRMS FOR THE PURPOSE OF RECEIVING AND SELLING GIFTS OF SECURITIES. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | BOARD OF TRUSTEE MEMBERS, MR. JOHN STOKES AND MR R.A. SPELL BOTH WORK FOR RAYMOND JAMES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED BY THE MANAGING DIRECTOR AND EXECUTIVE DIRECTOR. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THIS POLICY IS MONITORED AND ENFORCED BY THE UNIVERSITY OF MEMPHIS FOUNDATION'S OFFICERS AND EMPLOYEES IN A MANNER ADDRESSED IN THE CODE OF ETHICS SECTION OF THE FOUNDATION'S POLICIES AND PROCEDURES MANUAL. | |
| FORM 990, PART VI, SECTION B, LINE 15 | ALL PAID FOUNDATION POSITIONS ARE SUBJECTED TO AN INDEPENDENT SALARY REVIEW BY STATE OF TENNESSEE PERSONNEL IN ACCORDANCE WITH STATE OF TENNESSEE POLICIES AND PROCEDURES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE WEBSITE FOR THE ORGANIZATION. | |
| FORM 990, PART VII, SECTION A | THE UNIVERSITY OF MEMPHIS FOUNDATION (UMF) REIMBURSES THE UNIVERSITY OF MEMPHIS (U OF M) FOR THE COMPENSATION AND BENEFITS OF UMF'S MANAGING DIRECTOR. FOR THE YEAR ENDED JUNE 30, 2013, UMF REIMBURSED THE U OF M $109,010 FOR THE MANAGING DIRECTOR'S COMPENSATION AND $37,609 FOR HIS BENEFITS. | REPORTABLE COMPENSATION AND OTHER COMPENSATION FROM RELATED ORGANIZATIONS: |
| PART XII, LINE 2C | THERE IS NO CHANGE FROM PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MEMPHIS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3720 ALUMNI AVENUE | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 38152 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620648618 | EIN |
| Primary Activities | PROVIDING HIGH QUALITY EDUCATIONAL OPPORTUNITIES | PrimaryActivities |
| Legal Domicile State | TN | LegalDomicileState |
| Exempt Code Section | 501(C) | ExemptCodeSection |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MEMPHIS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | P | TransactionType |
| Amount Involved | 25394455 | AmountInvolved |
Comments