2014-02-10T14:00:39-06:00 2013-06-30 560747981 DIXON HUGHES GOODMAN LLP 999 S SHADY GROVE RD STE 400 MEMPHIS TN 38120 990 2012-07-01 626048540 UNIVERSITY OF MEMPHIS FOUNDATION UNIV 9016783255 635 NORMAL STREET ALUMNI CENTER NO 108 MEMPHIS TN 38152 LARRY BUNCH 9016783255 2014-02-07 1 JOHN A MAY JR P00210965 9017613000 2014-01-30 2012 2015-11-30 17:44:51Z LARRY BUNCH 107 ALUMNI CENTER MEMPHIS TN 38152 91765766 0 X WWW.MEMPHIS.EDU/ADVANCE/FOUNDATION X 1964 TN THE FOUNDATION ACCEPTS AND ADMINISTERS SUPPORT TO THE UNIVERSITY OF MEMPHIS. 32 32 0 0 -217607 -217607 23773788 29816322 0 0 1510085 2420439 1724083 1379248 27007956 33616009 0 0 0 0 0 0 0 0 0 24820379 25898564 24820379 25898564 2187577 7717445 114262222 130090055 10787517 11709136 103474705 118380919 THE FOUNDATION ACCEPTS AND ADMINISTERS SUPPORT TO THE UNIVERSITY OFMEMPHIS. 0 0 24521775 1596855 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. 24521775 1 1 0 1 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 32 32 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X TARIT LIM 9016783950 635 NORMAL STREET ALUMNI CENTER MEMPHIS TN 38152 X MS AMY RHODES 1.00 X 0 0 0 MS CAROLYN WILLIAMS-BENNETT 1.00 X 0 0 0 MR DAVE FERRARO 1.00 X 0 0 0 MS ANISE BELZ 1.00 X 0 0 0 MR HILLIARD CREWS 1.00 X 0 0 0 THE HON PAULETTE DELK 1.00 X 0 0 0 MR DON HUTSON 1.00 X 0 0 0 MR JAMES LACKIE 1.00 X 0 0 0 MR JOE ORGILL 1.00 X 0 0 0 MR ELLIOT PERRY 1.00 X 0 0 0 MR DAVID PORTER 1.00 X 0 0 0 MR PHIL TRENARY 1.00 X 0 0 0 THE HON DIANE KVESCOVO 1.00 X 0 0 0 MR MICHAEL BRUNS 1.00 X 0 0 0 MR WILLIE H GREGORY SR 1.00 X 0 0 0 MS HELEN GRONAUER 1.00 X 0 0 0 MR DAVID KUSTOFF 1.00 X 0 0 0 MRJAMES E MCGEHEE JR 1.00 X 0 0 0 DR TRISH CALVERT RING 1.00 X 0 0 0 MR STEFAN SMITH 1.00 X 0 0 0 MR R A SPELL 1.00 X 0 0 0 MR JOHN STOKES 1.00 X 0 0 0 MR JAMES VINING 1.00 X 0 0 0 MR HERMAN ART GILLIAM JR 1.00 X 0 0 0 MR DAVID C PERDUE 1.00 X 0 0 0 MR JOHN REID 1.00 X 0 0 0 MR STEPHEN REYNOLDS 1.00 X 0 0 0 MR GARY SHORB 1.00 X 0 0 0 MR HARRY SMITH 1.00 X 0 0 0 MS RITA SPARKS 1.00 X X 0 0 0 MS LAURIE TUCKER 1.00 X 0 0 0 MR DAVID WEDAMAN 1.00 X 0 0 0 MR KEMMONS WILSON JR 1.00 X 0 0 0 MR DAVID ZETTERGREN 1.00 X 0 0 0 MR CHARLES BURKETT 1.00 X 0 0 0 MR JAMES THOMAS WATSON 1.00 X X 0 0 0 MR TOM KADIEN 1.00 X X 0 0 0 MR JOE PEPE 1.00 X 0 0 0 MR BEN BRYANT 1.00 X X 0 0 0 MS CAROLYN HARDY 1.00 X 0 0 0 MR GEORGE JOHNSON 1.00 X 0 0 0 LARRY BUNCH 40.00 X 0 97218 30891 MS JULIE JOHNSON 40.00 X X 0 166077 23411 0 263295 54302 0 0 1 0 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 17 29816322 1086464 29816322 1405436 1405436 59164760 58149757 1015003 1015003 1015003 MISC. REVENUE-RELATED-990 611710 1596855 1596855 PASS-THROUGH 531390 -217607 -217607 1379248 33616009 1596855 -217607 2420439 184960 184960 UNIVERSITY SUPPORT 25713604 24521775 1191829 25898564 24521775 1376789 0 1685469 684874 6867530 13920766 96114 62687728 66247911 42117526 48434659 807855 801845 114262222 130090055 10787517 11709136 10787517 11709136 X 7526792 8388186 39881430 49516434 56066483 60476299 103474705 118380919 114262222 130090055 7717445 7188769 0 X X 0 1 X 1 0 X 20377642 16977596 17642126 23773788 29816322 108587474 20377642 16977596 17642126 23773788 29816322 108587474 4251111 104336363 1629952 1566486 2490339 1281124 1405436 8373337 116960811 0.89210 0.88720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 501 0 0 1 199535 1 920 0 200956 0 344123 X X X X X CLASSROOM INSTRUCTION 0 69736890 3350128 8435822 2462409 79060431 70869171 2012239 -549573 2594947 69736890 61478602 3266240 8770371 2646042 70869171 55400777 2457284 6166098 2545557 61478602 0.06300 0.93700 0 0 0 LIMITED PARTNERSHIPS & LLCS 41295327 F COMMON/COLLECTIVE TRUST FUNDS EQUITIES 7139332 F 48434659 40804778 7188769 7188769 33616009 0 33616009 25898564 0 25898564 0 25898564 PART III, LINE 4: EGYPTION RELATED ART AND ARTIFACTS USED FOR EDUCATIONAL PURPOSES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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 0 0 0 0 0 0 0 0 0 MS JULIE JOHNSON 0 166077 0 0 0 0 0 0 0 23411 0 189488 0 0 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 X 22 1086464 0 1 1 THIRD PARTY USE: PART I, LINE 32B: BROKERAGE ACCOUNTS ARE MAINTAINED WITH VARIOUS PUBLIC FIRMS FOR THE PURPOSE OF RECEIVING AND SELLING GIFTS OF SECURITIES. 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. REPORTABLE COMPENSATION AND OTHER COMPENSATION FROM RELATED ORGANIZATIONS: 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. PART XII, LINE 2C THERE IS NO CHANGE FROM PRIOR YEAR. UNIVERSITY OF MEMPHIS 3720 ALUMNI AVENUE MEMPHIS TN 38152 620648618 PROVIDING HIGH QUALITY EDUCATIONAL OPPORTUNITIES TN 501(C) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 UNIVERSITY OF MEMPHIS P 25394455