2013-02-13T07:52:28-06:00 2012-06-30 390758449 WIPFLI LLP 3703 OAKWOOD HILLS PARKWAY EAU CLAIRE WI 54701 990 2011-07-01 390972350 UNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC UNIV 7158362000 105 GARFIELD AVENUE EAU CLAIRE WI 547014811 KIMERA M WAY 7158365180 2013-02-12 1 ROB GANSCHOW CPA P01374207 7158323407 2013-02-12 2011 2016-03-07 17:11:31Z KIMERA M WAY 105 GARFIELD AVENUE EAU CLAIRE WI 547014811 7434387 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 40 0 0 5507418 5351645 0 0 2556236 2003084 0 -206009 8063654 7148720 3962600 4172111 0 0 0 0 0 0 411964 856796 1093137 4819396 5265248 3244258 1883472 43940476 48222035 370607 3405392 43569869 44816643 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 2576821 2576821 THE FOUNDATION DISBURSED 60% 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. 1595290 1595290 STUDENT SCHOLARSHIPS AND AWARDS IS THE SECOND LARGEST PROGRAM SERVICE OFFERED BY THE FOUNDATION. $1,536,970 WAS AWARDED TO STUDENTS THIS PAST YEAR. THIS EQUATES TO 37% OF TOTAL EXPENSES. FUNDING COMES FROM RESTRICTED AND UNRESTRICTED FUNDS. THE NUMBER OF SCHOLARSHIP RECIPIENTS IS OVER 1,000 STUDENTS. 122313 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. 14549 14549 4308973 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 0 1 41 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 WAYJERRY IVES 7158362000 105 GARFIELD AVENUE EAU CLAIRE WI 54701 X ANDREW D BURISH 0.00 X 0 0 0 ANN GUNDERSON THORNBURG 0.00 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 CATHY SULTAN 0.00 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 JAMES M ANDERSON 0.00 X 0 0 0 DR JERRY L SMITH 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 SARAH TWEEDALE 0.00 X 0 0 0 SCOTT A PETERSON 0.00 X X 0 0 0 SHARLENE P KREITLOW 0.00 X 0 0 0 STEVE BIEN 0.00 X 0 0 0 TERRY SCHADEBERG 0.00 X 0 0 0 TIMOTHY HOEPPNER 0.00 X 0 0 0 WILLIAM J KLISH 0.00 X 0 0 0 DONNA J WEBER 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 0 0 0 40 0 0 0 40 5351645 182490 5351645 781445 781445 63064 269073 -206009 -206009 -206009 1238233 16594 1221639 1221639 1221639 7148720 -206009 0 2003084 2576821 2576821 1595290 1595290 10835 10835 27366 27366 63417 20520 42897 46288 76 46212 10339 10339 274 274 7906 7906 SOLICITATION EXPENSE 593443 448754 144689 ALUMNI ASSOCIATION EXPE 122313 122313 CULTIVATION AND HOSPITA 52827 52827 STUDENT HELP/STIPENDS/A 51580 51580 106549 14549 18241 73759 5265248 4308973 544311 411964 98170 250506 2028807 3015884 1929541 1874177 1202500 20801 44097 1322723 16278 294483 1306445 33611102 32816924 5957572 7711502 43940476 48222035 65607 311239 2826554 305000 267599 370607 3405392 X 983664 839237 33653965 34434506 8932240 9542900 43569869 44816643 43940476 48222035 X 1883472 -636698 X X 0 1 1 X 0 X 4209526 4938929 3966751 5506418 5351645 23973269 4209526 4938929 3966751 5506418 5351645 23973269 487233 23486036 871626 -41783 -754402 898177 781445 1755063 25728332 0.91280 0.90910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 65998 1 1 X 4 314.00 0 0 0 1 1 20.00 0 42586205 4883715 1316270 1779250 3029534 43977406 35469651 5058890 6741899 1873694 2810541 42586205 32228928 3438830 3834390 1583971 2448526 35469651 35620324 5438216 -5498181 1399201 1932230 32228928 0.78300 0.21700 1 0 478539 478539 820876 14658 806218 23308 1620 21688 1306445 BEQUESTS RECEIVABLE 6046267 ADVANCES TO THE UNIVERSITY 624385 CASH SURRENDER VALUE OF LIFE INSURANCE 301801 SPLIT INTEREST AGREEMENTS 258517 ACCRUED INTEREST RECEIVABLE 20810 DEPOSITS 1531 RENT RECEIVABLE 63064 CONTRACTED WORK RECEIVABLE 395127 7711502 PLEDGES PAYABLE 267599 267599 7148720 5265248 1883472 -1993992 48789 1308505 -636698 1246774 6781095 -1993992 48789 1308505 -636698 7417793 -269073 -269073 7148720 5534321 269073 269073 5265248 0 5265248 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: 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 2012. FEDERAL RETURNS FOR THE YEARS ENDED JUNE 30, 2011, 2010, AND 2009, REMAIN SUBJECT TO EXAMINATIONS BY THE INTERNAL REVENUE SERVICE. THE RETURN FOR THE YEAR ENDED JUNE 30, 2012, IS NOT YET DUE AND HAS NOT YET BEEN FILED AS OF THE REPORT DATE. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BEQUESTS 1,305,725. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -14,390. CHAGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 17,170. TOTAL TO SCHEDULE D, PART XI, LINE 8: 1,308,505. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BEQUESTS 1,305,725. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -14,390. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 17,170. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -269,073. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 269,073. 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 2576821 UNIVERSITY DEPARTMENT SUPPORT STUDENT SCHOLARSHIPS 1183 1536970 FACULTY/STAFF AWARDS 33 58320 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 21 177558 FAIR MARKET VALUE X 1 4932 FAIR MARKET VALUE 0 1 1 THIRD PARTY USE: PART I, LINE 32B: A 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. CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII ANDREW D BURISH - 4273 BLACKSTONE COURT, MIDDLETON, WI 53562. ANN GUNDERSON THORNBURG - 85 E. INDIA ROW, APT 31A, BOSTON, MA 02110. BARRY B MOULLET - 4071 S ATLANTIC AVE, APT #705, NEW SMYRNA BEACH, FL 32169. BETSY KELL - 3727 GOLD RIDGE DRIVE, EAU CLAIRE, WI 54701. CARL HOLMQUIST - N7142 WATERS EDGE ROAD, BLACK RIVER FALLS, WI 54615. CASEY SYLLA - 26400 N 106TH WAY, SCOTTSDALE, AZ 85255. CATHY SULTAN - 1451 BLACKBERRY ROAD, EAU CLAIRE, WI 54701. CHARLES GRAUPNER - 100 EAST WISCONSIN AVENUE, MILWAUKEE, WI 53202. CHARLES LASKER - PO BOX 2461, CAREFREE, AZ 85377. CHARLES R BAUER - 232 HEATHER ROAD, EAU CLAIRE, WI 54701. DAVID LASSEK - 3560 GRAVES DRIVE, RED WING, MN 55066. DR. DONALD MASH - 7125 PARK SHORES COURT, MIDDLETON, WI 53562. DR. JAMES M ANDERSON - 24149 CEDAR ROAD, LYNDHURST, OH 44122. DR. JERRY L SMITH - 225 DICK JONES ROAD, HAYESVILLE, NC 28904. DR. VICKI LORD LARSON - 3003 PUTNAM GLEN PLACE, EAU CLAIRE, WI 54701. EVELYN ZABO - 706 7TH AVENUE NW, ISSAQUAH, WA 98027. GEORGE F STROEBEL - 779 130TH STREET, AMERY, WI 54001. GERALD H JACOBSON - 202 NORTH BRIDGE STREET, CHIPPEWA FALLS, WI 54729. JAMES VAUDREUIL - 1807 HIGH POINT DRIVE, ALTOONA, WI 54720. JANE LOKKEN - 402 GRAHAM AVENUE, EAU CLAIRE, WI 54702. JEANNIE FLESCH - 595 CARDINAL HILL LANE, POWELL, OH 43065. JERRY STROP - 3 RICHARDSON ROAD, CASTLE ROCK, CO 80104. JIM MELLINGER - 919 EMERALD BLVD, SOUTHLAKE, TX 76092. JOANNE BRANDES - 9130 KENSINGTON WAY, FRANKLIN, WI 53132. JULIE L. PECK - W234 S7050 BIG BEND DRIVE, BIG BEND, WI 53103. KIM SCHULTZ - 4217 BUCHANAN ROAD, OCONOMOWOC, WI 53066. LARRY J. ALLEN - 702 BRENTWOOD LANE, EAGAN, MN 55123. MELISSA HOEPPNER - 811 N HIGHLAND AVENUE, ARLINGTON HEIGHTS, IL 60004. NEIL LIPINSKI - 277 PARK AVENUE, NEW YORK, NY 10172. PETE FERNHOLZ - 655 LONE OAK DRIVE, EAGAN, MN 55121. RICK SCHRODER - 706 7TH AVENUE NW, ISSAQUAH, WA 98027. ROBERT MICKELSON - 1038 NORTH LAKE STREET, NEENAH, WI 54956. SARA MELLINGER - 919 EMERALD BLVD, SOUTHLAKE, TX 76092. SARAH TWEEDALE - 444 MURRAY HALL, 11 GARFIELD AVE, EAU CLAIRE, WI 54701. SCOTT A PETERSON - 9236 TEWSBURY GATE, MAPLE GROVE, MN 55311. SHARLENE P KREITLOW - 15854 93RD AVENUE, CHIPPEWA FALLS, WI 54729. STEVE BIEN - PO BOX 810, EAU CLAIRE, WI 54702. TERRY SCHADEBERG - 934 LEXINGTON WAY, WAUNAKEE, WI 53597. TIMOTHY HOEPPNER - 811 N HIGHLAND AVENUE, ARLINGTON HEIGHTS, IL 60004. WILLIAM J. KLISH - 1421 S FARWELL STREET, EAU CLAIRE, WI 54701. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,993,992. DONATED SERVICES AND USE OF FACILITIES: 48,789. CHANGE IN VALUE OF BEQUESTS 1,305,725. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -14,390. CHAGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 17,170. TOTAL TO FORM 990, PART XI, LINE 5: -636,698. 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 -206009 2750187 UNIVERSITY OF WISCONSIN-EAU CLAIRE FOUNDATION INC