2013-11-14T13:47:26-08:00 2013-06-30 BCA Watson Rice LLP PO Box 693725 Miami FL 332690375 990 2012-07-01 596175096 Florida Agricultural & Mechanical Univ Foundation Inc FLOR 8504125755 625 E Tennessee Street Suite 100 TALLAHASSEE FL 32308 Harold E Bower 2013-11-14 true Ronald Thompkins P01474655 3059471638 2012 2016-02-24 21:20:13Z 57074696 false false X http://www.famu.edu/index.cfm?GiveToFAMU&Foun X 1966 FL The Foundation's purpose is to aid in the advancement of the Florida Agricultural and Mechanical University's objectives and purposes. 26 22 0 23 0 3671722 3853489 0 -370319 11019995 1134289 1922055 4435692 16795539 2010662 3079374 0 1073581 782021 92583 104330 722825 4955110 5696914 8131936 9662639 -3696244 7132900 109920832 116145798 2442720 1534786 107478112 114611012 The Foundation's purpose is to aid in the advancement of the Florida Agricultural and Mechanical University's objectives and purposes. false false 5625434 The Foundation's purpose is to aid in the advancement of the Florida Agricultural & Mechanical University's objectives and purposes. Program Service Expenses represent University Support, Scholarships and Grants. University Support include expenses incurred for scholarship administration and seminars. Scholarships and grants include charges for tuition fees, room and board, books and stipends for scholars in various academic disciplines. 5625434 true false false false false false false false false true true true false true true false true true false false false false false true true false false false true true false false false false false false false false false false false false false false false false true false false false false true 77 0 true 0 false false false true CJ false false false true true false 0 false false false false false false false false false false X 26 22 false false false false false false false true true false false true true true true true true true true false X X Harold E Bower Manag DirCFO 8504125755 625 E Tennessee Street Suite 100 Tallahassee FL 323084933 Juanita Johnson 0.00 0.00 0 0 0 Marjorie Turnbull 0.00 0.00 0 0 0 Hosetta BColeman 0.00 0.00 0 0 0 Alfreda Blackshear 0.00 0.00 0 0 0 Thomas Jones Jr 0.00 0.00 0 0 0 Twuanna Ward 0.00 0.00 0 0 0 Rubye M Lucas 1.00 0.00 X 0 0 0 Joseph L Webster Sr 1.00 0.00 X 0 0 0 Shundrawn A Thomas 1.00 0.00 X 0 0 0 Mark F Rhein 1.00 0.00 X 0 0 0 Kendrick B Meek 1.00 0.00 X 0 0 0 Harold L Martin 1.00 0.00 X 0 0 0 Gerald C Grant Jr 1.00 0.00 X 0 0 0 John L Green 1.00 0.00 X 0 0 0 Keith Clinkscales 1.00 0.00 X 0 0 0 William J Bryant 1.00 0.00 X 0 0 0 Cheryl A Harris Booker 1.00 0.00 X 0 0 0 Betty S Holzendorf 1.00 0.00 X 0 0 0 Milton L Jones 1.00 0.00 X 0 0 0 Joseph W Hatchett 1.00 0.00 X 0 0 0 Brodes H Hartley Jr 1.00 0.00 X 0 0 0 Corey L Alston 1.00 0.00 X 0 0 0 Chan Bryant Abney 1.00 0.00 X 0 0 0 Tonnette Graham 1.00 0.00 X 0 0 0 Joe A Houston 1.00 0.00 X 0 0 0 Tommy L Mitchell Sr 1.00 0.00 X 0 0 0 Carmen Cummings 5.00 0.00 X 0 119480 0 Thomas J Haynes Jr 50.00 0.00 X 0 175000 0 Larry Robinson 50.00 0.00 X 184450 356917 0 James H Ammons 1.00 0.00 X 0 4362 0 184450 655759 1 true true false UBS Trumbull Property Fund 10 State House Square 15th Floor Hartford CT 06103 Investment Services 127850 Sodexo 1510 Wahnish Way Tallahassee FL 32307 Catering Services 228437 Rose Management LLC 800 Ocala Road Suite 300-351 Tallahassee FL 32304 Repairs and renovati 175115 Morgan Stanley Smith Barney 777 S Flagler Drive Suite 700 E West Palm Beach FL 33401 Investment Services 285584 Hyatt Regency Jackson Riverfront 225 East Coastline Drive Jacksonville FL 32202 ConferenceFacilities 256055 7 131546 89937 451664 3180342 3853489 0 3211708 3211708 0 0 0 48012222 40203935 7808287 7808287 7808287 70388 89937 75222 -4834 0 0 Other Income 900099 304373 304373 Administrative Fees 561000 1622516 1622516 1926889 16795539 12946884 1 1 3079373 3079373 0 0 635167 635167 0 146854 146854 0 0 0 0 151354 33055 118299 53091 53091 0 104330 104330 400488 343456 57032 0 131234 85101 9661 36472 0 0 0 122716 82921 39795 647107 434638 26195 186274 0 27837 19487 8350 707 707 0 3828 3828 26182 5046 21136 Entertainment & dinners 487073 327263 19554 140256 Reimbursements for grant costs 536893 536893 Contractual Services 554192 535202 18990 Administrative charges 1622516 1622516 931696 532330 209255 190111 9662639 5625434 3314380 722825 270992 302665 0 582247 328871 0 0 0 19874 19269 0 0 223463 42604 112887 180859 76508907 92715622 20700800 15784660 0 0 11725125 6813852 109920832 116145798 225988 34612 2216732 1500174 2442720 1534786 X 329365 929866 27289359 33609651 79859388 80071495 107478112 114611012 109920832 116145798 7132900 X false true X true false X 6301072 4316856 5366749 5811072 3743302 25539051 0 0 6301072 4316856 5366749 5811072 3743302 25539051 0 25539051 2754896 2533854 2747058 2873910 3211708 14121426 0 1115283 1139369 1127181 1134289 2058435 6574557 46235034 0.55240 0.59910 X 100971833 212107 7573923 -690873 -154023 -5904 107907063 98083285 129332 3279265 -257390 -254592 -8067 100971833 96211837 477948 3190844 -300248 -1481433 -15696 98083285 94168660 182342 3960417 -304127 -1787257 -9258 96211837 92285132 1441259 3111586 -809645 -1836864 -22808 94168660 0.74000 0.26000 false false false 27000 27000 78000 2600 75400 29471 982 28489 64417 39022 25395 24575 24575 180859 15784660 F 15784660 Other assets 33071 6813852 Agency Liability 1500174 1500174 16795539 16795539 16795539 9662639 9662639 9662639 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. THE ENDOWMENT FUNDS ARE USED TO FURTHER THE EDUCATION AND WELFARE OF FLORIDA A&M UNIVERSITY (FAMU), ITS FACULTY AND STUDENTS; TO ATTRACT EXPERIENCED AND SCHOLARLY INSTRUCTORS, EDUCATORS AND SCIENTISTS; TO IMPROVE THE EDUCATIONAL FACILITIES, INCLUDING HOUSING AND TEACHING AIDS; AND TO PROVIDE SCHOLARSHIPS FOR NEEDY STUDENTS. X X X X X X X true RuffaloCODY 65Kirkwood N Rd CedarRapid IA 52404 AnnualPhonathon false 141916 104330 37586 141916 104330 37586 Homecoming Gala 160325 89937 70388 3270 71952 160325 89937 70388 3270 71952 75222 -4834 true FLORIDA A&M UNIVERSITY South Adams Street TALLAHASSEE FL 32307 590977035 5156084 0 AID IN THE ADVANCEMENT OF THE UNIV 1 0 Scholarships and Grants 1049 2387500 X X X true true X X X false false false false false false false false false false Thomas J Haynes Jr 175000 175000 Larry Robinson 356917 134650 49800 184450 356917 James H Ammons 4362 4362 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. The Foundation provides the President a housing allowance which is included as taxable compensation and is authorized in the President's employment contract. The Foundation paid for social club dues and initiation fees specifically for fundraising purposes for the President. The University President's contract authorizes the Foundation to provide the President with club memberships for bona fide business related purposes (e.g. fundraising events, etc.) to further enable him to carry out his duties as President. The Foundation paid for reasonable travel expenses for the President's spouse when accompanying him on University-related business, serving a bona fide business purpose, up to a maximum of $5,000 annually which is authorized by the University President's contract. SCHEDULE J, PART II THE AMOUNTS LISTED ON LINE (i) OF SCHEDULE J, REPRESENT THE AMOUNT OF COMPENSATION THAT THE FOUNDATION REIMBURSES TO THE UNIVERSITY FOR EMPLOYEE COMPENSATION EXPENSES. THE AMOUNTS REPORTED ON LINE (ii) REPRESENT THE AMOUNTS PAID DIRECTLY BY THE UNIVERSITY AND ARE NOT REIMBURSABLE BY THE FOUNDATION. FORM 990, PART VIII LINE 11A ADMINISTRATIVE FEES REPRESENT PAYMENTS RECEIVED BY FAMU FOUNDATION FROM THE CONTRIBUTORS TO SUPPORT THE ACTIVITIES OF THE FAMU FOUNDATION. THEY ARE BASED ON SIZE AND TYPE OF DONATIONS RECEIVED BY THE UNIVERSITY. FORM 990, PART 1, QUESTION 5 FAMU FOUNDATION RECEIVES BILLINGS FROM AND PAYS/REIMBURSES THE UNIVERSITY CONTROLLER'S OFFICE FOR COMPENSATION AND BENEFITS DUE TO EMPLOYEES SERVING THE FOUNDATION. THE EMPLOYEES ARE PAID DIRECTLY BY THE FLORIDA A&M UNIVERSITY, TALLAHASSEE, FL 32301. THESE AMOUNTS ALSO CORRESPOND TO THE NOTE FOR SCHEDULE J BELOW. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available All governing documents are made available after submission of a public records request. Also, the Foundation's Form 990s are available on our web site for the pervious five (5) years. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Foundation Compensation Committee approves compensation, in advance of payment, to the covered individual, the committee relies on comparability data that demonstrate the fair market value of the compensation in question (e.g. expert compensation studies by independent firms and written job offers for positions at similar organizations, etc.), then the committee documents how it reached its decision, including the data on which it relied to make the decision and then prepares a recommendation for submission to the Board of Directors for review and approval. Form 990, Part VI, Line 15a Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Foundation Compensation Committee approves compensation, in advance of payment, to the covered individual, the committee relies on comparability data that demonstrate the fair market value of the compensation in question (e.g. expert compensation studies by independent firms and written job offers for positions at similar organizations, etc.), then the committee documents how it reached its decision, including the data on which it relied to make the decision and then prepares a recommendation for submission to the Board of Directors for review and approval. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Foundation's conflict of interest policy requires disclosure of conflicts by board members. On July 1, the beginnings of each fiscal year, conflict of interest disclosure forms are forwarded to each board member. Any responses that indicate a possible conflict of interest is reviewed by the board chair, Vice President/Executive Director, University President and General Counsel to determine whether further action is necessary. This policy was fully adopted by the board on November 21, 2009 and amended by the full board on June 23, 2011. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is reviewed and approved by the Foundation Audit Committee and once approved is then forwarded to the full Foundation Board for its review and approval. Florida A&M University South Adams Street Tallahassee FL 32307 590977035 Degree granting institutions FL 501(c)(3) School NA false false false false false false false false false false false false false false false false false false false false