2013-12-20T14:57:18-06:00 2013-06-30 390758449 WIPFLI LLP 3703 OAKWOOD HILLS PARKWAY EAU CLAIRE WI 54701 990 2012-07-01 390972350 UNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC UNIV 7158362987 105 GARFIELD AVENUE EAU CLAIRE WI 54701 KIMERA M WAY 7158365180 2013-12-16 1 ROB GANSCHOW CPA P01374207 7158323407 2013-12-16 2012 2015-11-30 17:44:51Z KIMERA M WAY 105 GARFIELD AVENUE EAU CLAIRE WI 54701 9055049 0 X WWW.UWEC.EDU/FOUNDATION X 1958 WI THE FOUNDATION WAS FORMED TO FURTHER THE GOALS OF THE UNIVERSITY OF WISCONSIN-EAU CLAIRE BY SOLICITING AND RECEIVING GIFTS AND BEQUESTS OF PROPERTY FOR THE DEVELOPMENT, PROMOTION, AND BENEFIT OF THE UNIVERSITY. 40 40 0 85 0 0 5351645 6009449 0 0 2003084 1963941 -206009 641273 7148720 8614663 4172111 4656082 0 0 0 0 0 0 585106 1093137 1193778 5265248 5849860 1883472 2764803 48222035 54553916 3405392 4544071 44816643 50009845 X THE OBJECTIVES OF THE UNIVERSITY OF WISCONSIN-EAU CLAIRE FOUNDATION, INC. SHALL BE: A) TO SOLICIT, RECEIVE AND HOLD GIFTS, GRANTS, DEVISES AND BEQUESTS OF MONEY, PROPERTY, AND OTHER ITEMS OF VALUE FOR THE BENEFIT OF THE UNIVERSITY OF WISCONSIN-EAU CLAIRE, AND THE FACULTY AND STUDENTS THEREOF;B) TO INVEST AND REINVEST THE SAME;C) TO GIVE AND TO GRANT TO THE UNIVERSITY GIFTS, GRANTS AND BEQUESTS OF MONEY AND OTHER ITEMS OF VALUE FOR EDUCATIONAL AND/OR RESEARCH PURPOSES, AND TO AID AND ASSIST THE QUALIFIED EDUCATIONAL, RESEARCH AND SERVICE PROGRAMS OF THE UNIVERSITY, IT'S FACULTY AND STUDENTS;D) TO OTHERWISE ASSIST THE UNIVERSITY IN ACHIEVING ITS EDUCATIONAL, RESEARCH AND SERVICE PURPOSES. 0 0 3126923 3126923 THE FOUNDATION DISBURSED 67% OF THEIR TOTAL EXPENSES FOR UNIVERSITY PROGRAMS. THIS REPRESENTS FUNDING FOR GENERAL OPERATIONAL SUPPORT OF UNIVERSITY DEPARTMENTS AND COLLEGES. THIS INCLUDES FUNDING FOR DEPARTMENT ADVANCEMENT FUNDS THAT ARE USED TO SUPPORT PROJECTS AND ACTIVITIES NOT SUPPORTED BY STATE FUNDING. THE GENERAL NUMBER IMPACTED BY THAT TYPE OF PROGRAM IS 40 ADMINISTRATIVE UNITS ON CAMPUS AND 850 ADMINISTRATIVE AND OPERATIONAL SUPPORT STAFF. 1529159 1529159 STUDENT SCHOLARSHIPS AND AWARDS IS THE SECOND LARGEST PROGRAM SERVICE OFFERED BY THE FOUNDATION. $1,520,159 WAS AWARDED TO STUDENTS THIS PAST YEAR. THIS EQUATES TO 32% OF TOTAL EXPENSES. FUNDING COMES FROM RESTRICTED AND UNRESTRICTED FUNDS. THE NUMBER OF SCHOLARSHIP RECIPIENTS IS OVER 1,000 STUDENTS. 16743 THE THIRD LARGEST AREA OF FOUNDATION FUNDING SUPPORT IS FOR THE ALUMNI OFFICE. THE ALUMNI OFFICE COORDINATES EVENTS ON CAMPUS AND IN OTHER CITIES ACROSS THE UNITED STATES FOR ALUMNI GATHERINGS. NUMEROUS EVENTS ARE HELD EACH YEAR WITH THOUSANDS OF ALUMNI IN ATTENDANCE. 15561 15561 4688386 1 1 0 0 0 1 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 50 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 40 40 1 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 WI X KIMERA WAYCOBY KOHN 7158362987 105 GARFIELD AVENUE EAU CLAIRE WI 54701 X ANDREW D BURISH 0.00 X X 0 0 0 BARRY B MOULLET 0.00 X X 0 0 0 BETSY KELL 0.00 X X 0 0 0 CARL HOLMQUIST 0.00 X 0 0 0 CASEY SYLLA 0.00 X X 0 0 0 CHARLES GRAUPNER 0.00 X 0 0 0 CHARLES LASKER 0.00 X 0 0 0 CHARLES R BAUER 0.00 X 0 0 0 DAVID LASSEK 0.00 X 0 0 0 DR DONALD MASH 0.00 X 0 0 0 DR VICKI LORD LARSON 0.00 X 0 0 0 EVELYN ZABO 0.00 X 0 0 0 GEORGE F STROEBEL 0.00 X 0 0 0 GERALD H JACOBSON 0.00 X 0 0 0 JAMES VAUDREUIL 0.00 X 0 0 0 JANE LOKKEN 0.00 X 0 0 0 JEANNIE FLESCH 0.00 X 0 0 0 JERRY STROP 0.00 X 0 0 0 JIM MELLINGER 0.00 X 0 0 0 JOANNE BRANDES 0.00 X X 0 0 0 JULIE L PECK 0.00 X 0 0 0 KIM SCHULTZ 0.00 X 0 0 0 LARRY J ALLEN 0.00 X 0 0 0 MELISSA HOEPPNER 0.00 X 0 0 0 NEIL LIPINSKI 0.00 X 0 0 0 PETE FERNHOLZ 0.00 X 0 0 0 RICK SCHRODER 0.00 X 0 0 0 ROBERT MICKELSON 0.00 X 0 0 0 SARA MELLINGER 0.00 X 0 0 0 SHARLENE P KREITLOW 0.00 X 0 0 0 STEVE BIEN 0.00 X 0 0 0 TIMOTHY HOEPPNER 0.00 X 0 0 0 WILLIAM J KLISH 0.00 X 0 0 0 LINDSEY FOLSOM 0.00 X 0 0 0 ERIC WAN 0.00 X 0 0 0 DR GILES BOUSQUET 0.00 X 0 0 0 JERRY IVES 40.00 X 0 0 0 KIMERA M WAY 50.00 X 0 0 0 ROBIN LEARY 40.00 X 0 0 0 DONNA J WEBER 0.00 X 0 0 0 0 0 0 0 0 0 0 0 6009449 113538 6009449 830772 830772 1072748 431475 641273 641273 641273 1142080 8911 1133169 1133169 1133169 8614663 641273 0 1963941 3126923 3126923 1529159 1529159 11065 11065 36985 36985 7300 7300 120482 120482 54445 54445 24329 24329 6734 6734 8483 8483 SOLICITATION EXPENSE 640267 445289 194978 CULTIVATION AND HOSPITA 64374 2446 61928 POSTAGE 63635 63635 STUDENT HELP/STIPENDS/A 61522 10078 51444 94157 32304 23659 38194 5849860 4688386 576368 585106 250506 13921 3015884 3227001 1874177 1734230 1202500 1257121 44097 34771 3749800 113923 1306445 3635877 32816924 39754311 7711502 4896684 48222035 54553916 311239 396185 1793022 2826554 2334864 267599 20000 3405392 4544071 X 839237 1126694 34434506 37105751 9542900 11777400 44816643 50009845 48222035 54553916 X 2764803 1493255 310245 624899 X X 0 1 X 1 0 X 4938929 3966751 5506418 5351645 6009449 25773192 4938929 3966751 5506418 5351645 6009449 25773192 383554 25389638 -41783 -754402 898177 781445 830772 1714209 27487401 0.92370 0.91280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 67771 1 1 X 4 314.00 0 1 1 20.00 0 43969256 5896467 4080760 1873433 3189899 48883151 42586205 4883715 1316270 1782265 3034669 43969256 35469651 5058890 6741899 1873694 2810541 42586205 32228928 3438830 3834390 1583971 2448526 35469651 35620324 5438216 -5498181 1399201 1932230 32228928 0.75900 0.24100 1 0 483427 483427 3227974 106915 3121059 38399 7008 31391 3635877 BEQUESTS RECEIVABLE 3419638 ADVANCES TO THE UNIVERSITY 635778 CASH SURRENDER VALUE OF LIFE INSURANCE 320221 SPLIT INTEREST AGREEMENTS 413458 INTEREST RECEIVABLE 19615 PREPAID INTEREST 4307 PROJECT COSTS 83667 4896684 PLEDGES PAYABLE 20000 20000 X 11474537 1493255 310245 624899 2428399 9046138 -431475 -431475 8614663 6281335 431475 431475 5849860 0 5849860 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: CONSERVATION EASEMENTS ARE REPORTED IN THE FINANCIAL STATEMENTS AS REAL ESTATE PROPERTY AT A VALUE OF $1 PER ACRE. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THERE ARE TWO MAIN USES FOR THE FOUNDATION'S ENDOWMENT FUNDS. FIRST, TO PROVIDE STUDENT SCHOLARSHIPS DESIGNATED SPECIFICALLY BY THE DONORS FOR THIS PURPOSE. SECOND, FOR GENERAL OPERATIONAL SUPPORT OF THE UNIVERSITY'S DEPARTMENTS WHICH HAVE ALSO BEEN SPECIFICALLY DESIGNATED BY THE DONORS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION ADOPTED ASC TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, DURING 2011. ASC TOPIC 740-10 REQUIRES FOUNDATIONS TO DETERMINE WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECORDED NO ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS IN THE YEAR ENDED JUNE 30, 2013. FEDERAL RETURNS FOR THE YEARS ENDED JUNE 30, 2012, 2011, AND 2010, REMAIN SUBJECT TO EXAMINATIONS BY THE INTERNAL REVENUE SERVICE. THE RETURN FOR THE YEAR ENDED JUNE 30, 2013, IS NOT YET DUE AND HAS NOT YET BEEN FILED AS OF THE REPORT DATE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BEQUESTS 373,371. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 233,108. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 18,420. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -431,475. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 431,475. X X X X X 0 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 UNIVERSITY OF WISCONSIN - EAU CLAIRE 105 GARFIELD AVENUE EAU CLAIRE WI 54701 391805963 3126923 UNIVERSITY DEPARTMENT SUPPORT STUDENT SCHOLARSHIPS 1205 1520159 FACULTY/STAFF AWARDS 9000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENT SCHOLARSHIPS ARE ADMINISTERED THROUGH THE UW-EAU CLAIRE FINANCIAL AIDS OFFICE. USING A DIRECT APPLICATION METHOD, SCHOLARSHIP AWARD AMOUNTS ARE DEPOSITED DIRECTLY INTO THE STUDENT'S UNIVERSITY CAMPUS ACCOUNT. THE FINANCIAL AIDS OFFICE MONITORS ALL THE FINANCIAL AID THAT EACH ENROLLED STUDENT RECEIVES. FACULTY AND STAFF AWARDS ARE ADMINISTERED THROUGH DEPARTMENT CHAIRS OR IN THE CASE OF THE SIX EXCELLENCE AWARDS, THOSE ARE PROCESSED THROUGH STAFF NOMINATIONS SUBMITTED TO A DESIGNATED CAMPUS COMMITTEE. X 20 113538 FAIR MARKET VALUE 0 1 1 THIRD PARTY USE: PART I, LINE 32B: A REAL ESTATE BROKER IS HIRED TO SELL DONATED STOCK GIFTS. FORM 990, PART VI, SECTION A, LINE 2 ONE BOARD MEMBER WORKS AT A LEGAL FIRM THAT THE FOUNDATION OCCASIONALLY EMPLOYS FORM 990, PART VI, SECTION B, LINE 11 990 IS EMAILED TO ALL AUDIT COMMITTEE MEMBERS AND IS REVIEWED AND APPROVED BY THE ASSISTANT TREASURER, TREASURER, AUDIT COMMITTEE CHAIR, AND EXECUTIVE DIRECTOR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER COMPLETES A CONFLICT OF INTEREST STATEMENT AND THEY ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC EITHER BY WAY OF THE ORGANIZATION'S WEBSITE OR UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BEQUESTS 373,371. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 233,108. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 18,420. FORM 990, PART XI, LINE 2C BOARD OF DIRECTORS SELECTS INDEPENDENT AUDITOR. THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BLUGOLD REAL ESTATE LLC 105 GARFIELD AVE EAU CLAIRE WI 54701 273422735 REAL ESTATE WI 641273 1257121 UNIVERSITY OF WISCONSIN-EAU CLAIRE FOUNDATION INC