2014-04-05T10:26:21-05:00 2013-06-30 540565834 MITCHELL WIGGINS & COMPANY LLP 1802 BAYBERRY COURT SUITE 300 RICHMOND VA 23226 990 2012-07-01 540757884 VIRGINIA COMMONWEALTH UNIVERSITY FOUNDATION VIRG 8048289292 700 WEST GRACE STREET RICHMOND VA 232843040 KEVIN W DAVENPORT 8048289292 2014-03-28 1 M JAMES HARTSON JR CPA P00590214 8042826000 2012 2015-11-30 17:44:51Z KEVIN W DAVENPORT 700 WEST GRACE STREET RICHMOND VA 232843040 29581231 0 X WWW.VCUF.ORG X 1917 VA TO SUPPORT THE EDUCATIONAL,SCIENTIFIC & CHARITABLE ACTIVITIES OF VCU. 24 24 0 0 0 0 12091313 22255318 0 0 809831 1081670 -40975 535191 12860169 23872179 7904159 7555209 0 0 0 0 0 0 0 468376 6015820 8372535 13571029 4487634 10301150 85629619 100183041 26717349 28343619 58912270 71839422 TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VIRGINIA COMMONWEALTH UNIVERSITY AND RELATED ORGANIZATIONS. 0 0 13571029 7555209 516676 TO SUPPORT VIRGINIA COMMONWEALTH UNIVERSITY AND RELATED ORGANIZATIONS THROUGH THE MANAGEMENT OF INVESTED FUNDS AND THE ADMINISTRATION OF ACCOUNTS. 13571029 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 13 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X X ORGANIZATION 8048286533 700 WEST GRACE STREET RICHMOND VA 23284 X JOHN B ADAMS JR 1.00 X 0 0 0 PAGE W BOND 1.00 X 0 0 0 PATRICK HANLEY 1.00 X 0 0 0 MARY JANE HOGUE 1.00 X 0 0 0 LARRY MCKOY 1.00 X 0 0 0 DAVID PHILLIPS 1.00 X 0 0 0 THOMAS P ROHMAN 1.00 X 0 0 0 SISSY SPACEK 1.00 X 0 0 0 JANE G WATKINS 1.00 X X 0 0 0 DIANE LEOPOLD 1.00 X X 0 0 0 YOGI H SINGH 1.00 X 0 0 0 GLORIA M HINTZ 1.00 X 0 0 0 NEIL AMIN 1.00 X 0 0 0 THOMAS BENEDETTI 1.00 X 0 0 0 JOHN FAIN 1.00 X 0 0 0 DR ROBERT MARCHANT 1.00 X 0 0 0 GAIL MOSKOWTIZ 1.00 X 0 0 0 JOHN C NEAL 1.00 X 0 0 0 DR MICHAEL RAO 1.00 X 0 0 0 MARK D HANSAN 1.00 X 0 0 0 ELIZABETH A MASON 1.00 X 0 0 0 WILLIAM A ROYALL JR 1.00 X 0 0 0 DR JOHN C DOSWELL II 1.00 X 0 0 0 TRACY KEMP STALLINGS 1.00 X 0 0 0 KEVIN W DAVENPORT 3.00 X 0 0 0 THOMAS C BURKE 40.00 X 0 0 0 0 0 0 0 0 0 0 0 22255318 414474 22255318 714691 714691 6076031 5709052 366979 366979 366979 ADMINISTRATIVE FEES 900099 294773 294773 MISCELLANEOUS 900099 221903 221903 LIFE ANNUITY ADJUSTMENT 900099 18515 18515 535191 23872179 516676 0 1100185 7555209 7555209 20600 20600 297788 297788 TRANSFERS TO VCU AFFILI 4305213 4305213 BAD DEBTS 1340106 1340106 MISCELLANEOUS 52113 52113 13571029 13571029 0 0 5000 112602 16081672 16425176 11047455 21051212 381842 420549 16890 16890 0 0 26753932 29229271 30982242 32194744 377476 749487 85629619 100183041 271216 570494 26446133 27773125 26717349 28343619 X 2263116 2313552 34661569 47055566 21987585 22470304 58912270 71839422 85629619 100183041 10301150 2626002 0 X X 0 1 X 1 0 X 7719382 4956962 8324039 12091313 22255318 55347014 7719382 4956962 8324039 12091313 22255318 55347014 9112644 46234370 806965 374262 506353 733265 714691 3135536 281663 255621 401576 529904 535191 2003955 60486505 0.76440 0.72950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 30639951 1035421 3388091 1937331 33126132 31061116 543803 288193 1253161 30639951 27184569 855272 4756650 1735375 31061116 25250810 367245 2713955 1089476 57965 27184569 31040229 661270 -5131162 1291943 27584 25250810 0.67840 0.32160 0 0 16890 16890 0 0 G.T. OFFSHORE FUND 6898027 F WINSTON GLOBAL FUND 2053667 F ELLIOT 268423 F PROPERTY HOLDINGS FUND 4287380 F BARLOW PARTNERS FUND 6194670 F CITY OF LONDON FUND 1308147 F 1607 CAPITAL FUND 4979083 F POINTER FUND 5267641 F PROPERTY HOLDINGS FUND VI 937706 F 32194744 LIFE ANNUITIES 105065 DEPOSITS HELD FOR VCU 25494563 DEPOSITS HELD FOR VCU INTELLECTUAL PROPERTY FOUNDATION 1011294 DEPOSITS HELD FOR VCU ALUMNI ASSOCIATION 1162203 27773125 X 26498181 2626002 2626002 23872179 0 23872179 13571029 0 13571029 0 13571029 PART III, LINE 4: COLLECTION ITEMS ACQUIRED THROUGH PURCHASE OR DONATION ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. THE FOUNDATION'S COLLECTION ITEMS INCLUDE TWO WORKS OF FINE ART, BOTH OF WHICH ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM THE SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTION. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE VARIOUS ENDOWMENTS WERE ESTABLISHED TO SUPPORT THE FOUNDATION AND ITS MISSION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AT JUNE 30, 2013. THE FOUNDATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES, IF APPLICABLE. THE FOUNDATION DID NOT INCUR ANY PENALTIES OR INTEREST EXPENSE FOR THE YEAR ENDED JUNE 30, 2013. 0 VIRGINIA COMMONWEALTH UNIVERSITY 912 W FRANKLIN POST OFFICE BOX 843035 RICHMOND VA 232843035 546001758 115 7555209 THE FOUNDATION EXISTS SOLELY TO ASSIST, SUPPORT, AND FOSTER VIRGINIA COMMONWEALTH UNIVERSITY IN ALL PROPER WAYS THAT FROM TIME TO TIME BE APPROVED BY THE TRUSTEES OF THE FOUNDATION WITH THE GUIDANCE OF THE UNIVERSITY. THE FOUNDATION MANAGES AND DISTRIBUTES CURRENT AND ENDOWMENT GIFTS FOR ALL SCHOOLS, DEPARTMENTS, AND PROGRAMS THROUGHOUT THE UNIVERSITY WITH MAJOR EMPHASIS ON PROGRAMS FOR THE MONROE PARK CAMPUS. TO ASSIST AND SUPPORT THE OPERATIONS OF VIRGINIA COMMONWEALTH UNIVERSITY FOUNDATION, WHOSE MISSION IS TO SUPPORT THE VCU SCHOOL OF ENGINEERING. X 2 0 N/A X 28 414474 QUOTED MARKET VALUES 1 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): PART I, LINE 33: THE FOUNDATION RECEIVED BY CONTRIBUTION TWO WORKS OF FINE ART DURING THE YEAR. THE FOUNDATION HAS ELECTED, AS PERMITTED UNDER SFAS 116 (ASC 958), NOT TO REPORT IN ITS STATEMENT OF REVENUE AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH. ACCORDINGLY, NO AMOUNT HAS BEEN REPORTED IN PART 1, LINE 1, COLUMN C OF SCHEDULE M. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION DISTRIBUTES A COPY OF THE FORM 990 TO ALL MEMBERS OF THE EXECUTIVE COMMITTEE AND MAKES IT AVAILABLE FOR ALL OTHER BOARD MEMBERS PRIOR TO THE FORM BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES OFFICERS, DIRECTORS AND KEY EMPLOYESS, ON AN ANNUAL BASIS, TO SIGN A CONFLICT OF INTEREST STATEMENT AND TO DISCLOSE THE EXISTENCE OF ANY CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION POSTS ITS CURRENT AUDITED FINANCIAL STATEMENT AND FORM 990 ON ITS WEB SITE, EACH YEAR. IN ADDITION, COPIES OF THE AUDITED FINANCIAL STATEMENTS ARE SENT ELECTRONICALLY TO ALL DIRECTORS. IT IS THE POLICY OF THE ORGANIZATION TO MAKE AVAILABLE COPIES OF FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFICT OF INTEREST INFORMATION AND OTHER DOCUMENTS TO THE PUBLIC. FORM 990 PART XII - LINE 2(C) THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.