2013-05-09T06:42:50-05:00 2012-06-30 KPMG LLP 1676 International Drive McLean VA 22102 990 2011-07-01 540485595 University of Virginia Alumni Association % DONNA AREHART UNIV 4342439000 PO BOX 400314 Charlottesville VA 22904 DONNA R AREHART 2013-05-07 true SCOTT SHERMAN KPMG LLP 703-286-839 7032868000 2011 2016-02-25 16:41:14Z C THOMAS FAULDERS 211 Emmet Street South CHARLOTTESVILLE VA 22903 57331953 false X www.alumni.virginia.edu X 1838 VA TO DEVELOP, STRENGTHEN, AND UTILIZE THE BONDS OF INTEREST, SYMPATHY AND AFFECTION EXISTING BETWEEN THE UNIVERSITY OF VIRGINIA AND ITS ALUMNI AND AMONG THE ALUMNI THEMSELVES 40 40 63 1300 700950 7662 31295394 43414000 4969203 4822715 1113726 8916018 139763 170657 37518086 57323390 32993823 32210648 0 0 4370321 4682748 0 0 442246 4444874 3678257 41809018 40571653 -4290932 16751737 233472024 248118972 88430157 85785748 145041867 162333224 X THE PURPOSE OF THE ASSOCIATION IS TO PROVIDE SERVICES TO ALL ALUMNI OF THE UVA. THE ASSOCIATION SEEKS TO CREATE A STRONG AND COLLABORATIVE ALUMNI ENGAGEMENT PROGRAM THAT WILL ENHANCE THE UVA'S ABILITY TO BUILD AND MAINTAIN TIES WITH A DIVERSE ALUMNI COMMUNITY. false false 33166352 32210648 743866 GRANT PROGRAM - THE ASSOCIATION DISBURSES GIFTS, RAISED AND RECEIVED, AND ALLOCATES FUNDS TO U.VA. AND UNIVERSITY-RELATED ORGANIZATIONS. 4188028 0 802210 HOMECOMINGS & REUNIONS - THE ASSOCIATION SPONSORS GROUP ACTIVITIES AND EVENTS AT OTHER LOCATIONS FOR THE BENEFIT OF THE ALUMNI AND U.VA. AND SPONSORS AWARDS TO FACULTY, ETC. 1457120 0 48500 THE VIRGINIA MAGAZINE-THE ASSOCIATION PUBLISHES A QUARTERLY MAGAZINE THAT IS MAILED AS A HARD COPY TO PARENTS,ALUMNI AND FACULTY,AND AS AN ELECTRONIC COPY TO STUDENTS. 0 0 38811500 true false false false false false false false false true true true false false true true false true false false false false false false false false false true false true false false false false false false false false true false false false true true true true false false true 291 0 true 63 true true true false false false false true true false false false false false X 40 40 false false false false false false false true true false false true true true true true true true true false AK AZ AR CA CO DC HI IL KS KY ME MD MA MI MN MS NH NJ NM NY OK OR PA RI SC TN UT WA WI X DONNA AREHART 4342439000 ALUMNI HALL CHARLOTTESVILLE VA 229030446 X JAMES T FANG 1.0 X 0 0 0 SHELLY JOHNSON 1.0 X 0 0 0 STEPHEN P SMILEY 1.0 X 0 0 0 JOAN S TOOLEY 1.0 X 0 0 0 ALEXANDRA ARRIAGA 1.0 X 0 0 0 SHANNON S CARTER 1.0 X 0 0 0 DONNA L BYRD 1.0 X 0 0 0 ANN H TAYLOR 1.0 X 0 0 0 MARGARET H ODELBERG 1.0 X 0 0 0 ATIIM K BARBER 1.0 X 0 0 0 MOFFETT COCHRAN 1.0 X 0 0 0 ELIZABETH P FOSTER 1.0 X 0 0 0 EMILY S EWELL 1.0 X 0 0 0 PETER M GRANT II 1.0 X X 0 0 0 JEFF S LEE 1.0 X 0 0 0 TIMOTHY G OSHEA 1.0 X 0 0 0 NOREEN POULSON 1.0 X 0 0 0 MICHELE T TARBET 1.0 X 0 0 0 TERI LOVELACE 1.0 X 0 0 0 BYRON F MARCHANT 1.0 X 0 0 0 REGINALD E RUTLEDGE JR 1.0 X 0 0 0 E ARMISTEAD TALMAN MD 1.0 X 0 0 0 MARY M WATSON 1.0 X 0 0 0 PHOEBE L YANG 1.0 X 0 0 0 FRANCES D MCMULLAN 1.0 X 0 0 0 TERESA SULLIVAN 1.0 X 0 0 0 OWEN D GRIFFIN JR 1.0 X 0 0 0 ALAN Y ROBERTS 1.0 X 0 0 0 VICTORIA D HARKER 1.0 X X 0 0 0 PAUL B BARRINGER 1.0 X 0 0 0 CLIFFORD W BOGUE MD 1.0 X 0 0 0 ALLISON CRYOR DiNARDO 1.0 X 0 0 0 JOHN F HARRIS 1.0 X 0 0 0 MARK A V PINHO 1.0 X 0 0 0 JAMES E RUTROUGH JR 1.0 X 0 0 0 MICHAEL C SMITH 1.0 X 0 0 0 JAMES R SOCAS 1.0 X 0 0 0 DAVID G SUTTON 1.0 X 0 0 0 SHERYL W WILBON 1.0 X 0 0 0 AMY B WRIGHT 1.0 X 0 0 0 C THOMAS FAULDERS III 40.0 X 328186 0 38155 DONNA R AREHART 40.0 X 175833 0 27859 ALEX NEWELL 40.0 X 100895 0 22917 WAYNE D COZART 40.0 X 136662 0 13853 ROBERT VICCELLIO 40.0 X 120683 0 24062 MARY C BASS 40.0 X 116867 0 15349 979126 0 142195 11 false true false OPTAFUEL 851 FRENCH MOORE JR BLVD ST 124 ABINGDON VA 24210 MANAGMENT 378245 LANTZ CONSTRUCTION COMPANY 539 SOUTH MAIN STREET BROADWAY VA 22815 CONSTRUCTION 370225 ARAMARK SERVICE MASTER UNIVERSITY OF VIRGINIA CHARLOTTESVILLE VA 22903 FACILITY MANAGEMENT 313078 HAHN GUSTAFSON CATERING INC 946 GRADY AVENUE SUITE 11 CHARLOTTESVILLE VA 22903 CATERING 188534 CULPEPER STAR EXPONENT PO BOX 111 CULPEPER VA 22701 PRINTING 169221 5 1433251 41980749 4628071 43414000 UVA CONTRACTUAL SERVICES 900099 2228419 2228419 GRANTS 900099 58000 58000 ADMIN. SVC. FEE 900099 822286 822286 COMMISSIONS 900099 75777 75777 ADVERTISING 541700 636225 32924 603301 1002008 904359 97649 4822715 8924581 0 0 8924581 0 170657 0 0 170657 8563 -8563 -8563 0 0 -8563 0 0 0 0 57323390 4121765 700950 9086675 32210648 32210648 0 0 0 570034 226402 222739 120893 0 2759520 2386701 281204 91615 380424 281978 59928 38518 727896 580792 122114 24990 244874 189474 34400 21000 0 12509 183 12326 0 77126 19365 57761 0 0 0 0 0 89421 85870 3534 17 515516 409335 35066 71115 20555 16469 1072 3014 0 559008 235553 286851 36604 30053 27501 2405 147 0 0 0 0 319779 176390 114353 29036 85423 7712 76442 1269 SPECIAL EVENTS 1326313 1317558 7612 1143 PRINTING AND PUBLICATIONS 642554 639569 100 2885 40571653 38811500 1317907 442246 X 0 0 28846299 25931523 6040608 6887370 0 0 0 0 0 0 0 0 0 0 36397 66030 8643180 4984840 3584831 3658340 57207276 40705294 134983281 159453757 0 0 0 0 2773332 11416658 233472024 248118972 964938 1004224 0 0 0 0 0 0 0 0 0 0 0 0 0 0 87465219 84781524 88430157 85785748 X 52830428 54270940 62485426 67771016 29726013 40291268 145041867 162333224 233472024 248118972 X 16751737 539620 X false true true X false X 32847693 29400335 26232449 31295394 43414000 163189871 32847693 29400335 26232449 31295394 43414000 163189871 163189871 1008923 920063 941074 1126086 8924581 12920727 3857832 5035863 5025570 5108966 4993372 24021603 200132201 0 0.81541 0.86212 X false 145041867 58777566 8437996 6499813 43424392 162333224 116364394 28888861 34670779 34882167 0 145041867 104947058 23843826 19610095 32036585 0 116364394 130068977 27281650 -36982861 15420708 0 104947058 0.33430 0.24820 0.41750 true false 5990788 4984840 1005948 1366229 1366229 1286163 0 1286163 3658340 PRIVATE EQUITY 6331827 F LONG/SHORT EQUITY 42883034 F REAL ESTATE 15580234 F CREDIT 19067577 F ABSOLUTE RETURN 28699890 F RESOURCES 12745941 F CASH AND ACCRUALS 4717802 F Buyout 29427452 F 159453757 0 RELATED ORGANIZATIONS 81919000 OTHER LIABILITIES 429120 ANNUITY & LIFE OBLIGATIONS 2433404 84781524 FIN 48 FOOTNOTE SCHEDULE D FIN 48 FOOTNOTE THE ASSOCIATION IS REQUIRED TO RECOGNIZE A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN BASED ON A 'MORE-LIKELY THAN-NOT" THRESHOLD.THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN.THE ASSOCIATION DOES NOT BELIEVE ITS CONSOLIDATED FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V THE ASSOCIATION'S ENDOWMENTS CONSIST OF APPROXIMATELY 2,700 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES IN FURTHERANCE OF THE ASSOCIATION'S MISSION,INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS, TERM ENDOWMENTS,AND FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS.THE ENDOWMENTS SUPPORT SPECIFIC PROGRAMS, SCHOLARSHIPS, STUDENT ACTIVITES,AND UNIVERSITY-RELATED ORGANIZATIONS. true UNIVERSITY OF VIRGINIA Box 400229 Charlottesville VA 229044229 546001796 501(C)(3) 32210648 PROGRAM SUPPORT 1 U.VA FUND SCHEDULE I, PART I THE U.VA.FUND SERVES THE COMMUNITY WITH ENDOWMENT AND MANAGEMENT SERVICES,PROCESSING OF DONATIONS,AND PROVIDING EMERGENCY ASSISTANCE TO STUDENTS. X true true X X X X X false false false false false false false true false C THOMAS FAULDERS III 256250 0 49900 0 22036 0 26125 0 12030 0 366341 0 0 0 DONNA R AREHART 158160 0 6673 0 11000 0 16483 0 11376 0 203692 0 0 0 WAYNE D COZART 123323 0 4839 0 8500 0 12816 0 1037 0 150515 0 0 0 SCHEDULE J PART I, LINE 1 HEALTH OR SOCIAL CLUB DUES THE ALUMNI ASSOCIATION PROVIDES THE PRESIDENT AND CEO WITH A MEMBERSHIP TO THE FARMINGTON COUNTRY CLUB.FARMINGTON IS A SOCIAL CLUB USED BY THE EMPLOYEE FOR BUSINESS AND RECREATIONAL USE.THIS IS CONSIDERED FULLY TAXABLE AND IS THEREFORE INCLUDED IN THE EMPLOYEE'S TAXABLE WAGES FOR THE YEAR. SCHEDULE J PART I, LINE 7 INCENTIVE COMPENSATION THE UNIVERSITY OF VIRGINIA ALUMNI ASSOCIATION ANNUALLY DISTRIBUTES INCENTIVES BASED ON THREE CRITERIA FOR THE ORGANIZATION AS A WHOLE. THE CRITERIA IS AS FOLLOWS: THE EMPLOYEE'S OWN PERFORMANCE LEVEL FOR THE YEAR,THE PERCENTAGE OF GOALS MET BY THE EMPLOYEE'S DEPARTMENT,AND THE PERCENTAGE OF GOALS MET BY THE ALUMNI ASSOCIATION AS A WHOLE.EACH CRITERIA IS WEIGHTED BASED ON THE EMPLOYEE'S LEVEL IN THE ORGANIZATION. THE LEVEL OF VICE PRESIDENTS RECEIVES AN EQUAL WEIGHTING IN EACH OF THE CRITERIA AREAS.THE INCENTIVE PLAN IS NOT A CONTRACTUAL OBLIGATION FOR ANY EMPLOYEE WITHIN THE ALUMNI ASSOCIATION. X 466 2681707 FMV X HORSES 16 1828355 APPRAISAL X OTHER 34 118009 FMV false true true SCHEDULE M, LINE 32A THE ALUMNI ASSOCIATION USES INDEPENDENT AGENTS AND BROKERS TO SELL AND PROCESS GIFTS OF SECURITIES. OTHER PROGRAM SERVICES FORM 990,PART III ALUMNI RELATIONS - THE ASSOCIATION PROVIDES A BROAD DEPTH OF ALUMNI PROGRAMMING INCLUDING CAREER SERVICES, SPECIALIZED SERVICES FOR ALUMNI INTEREST GROUPS, AND ALUMNI RELATIONS THAT ARE TARGETED TO BUILD A STRONG BOND BETWEEN THE UNIVERSITY OF VIRGINIA AND ITS ALUMNI. 990 REVIEW PROCESS FORM 990, PART VI, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO THE ALUMNI ASSOCIATION'S BOARD OF MANAGERS FOR REVIEW.IN ADDITION, THE 990 HAS BEEN REVIEWED BY MANAGEMENT AND THE ASSOCIATION'S INDEPENDENT ACCOUNTING FIRM KPMG.THE RETURN IS FURTHER REVIEWED AND DISCUSSED DURING THE AUDIT COMMITTEE SESSION OF THE SPRING BOARD OF MANAGERS MEETING.THE 990 IS FILED SUBSEQUENT TO THE COMPLETION OF ALL LEVELS OF REVIEW. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12 ANNUALLY,EACH MEMBER OF THE BOARD OF MANAGERS FILES WITH THE EXECUTIVE DIRECTOR A "CONFLICT OF INTEREST DISCLOSURE STATEMENT."IN ADDITION, THIS STATEMENT IS FILED BY FUTURE MEMBERS OF THE BOARD OF MANAGERS AT THE TIME OF THEIR ELECTION. A CONFLICT OR POTENTIAL CONFLICT OF INTEREST IS CONSIDERED TO EXIST IF THE MEMBER OR A MEMBER'S DEPENDENT HAS ANY RELATIONSHIP, INTEREST,OR SITUATION WHICH MIGHT INDICATE A DUALITY OF LOYALTY OR INTEREST.IF A CONFLICT EXISTS,THE MEMBER IS ASKED TO IDENTIFY THE SPECIFIC CONFLICT.ANY MEMBER OF THE BOARD HAVING A CONFLICT OF INTEREST IN CONNECTION WITH ANY MATTER BEFORE THE BOARD SHALL SO INDICATE AT THE TIME AND SHALL NOT TAKE PART IN ANY VOTE WITH RESPECT TO SUCH MATTER.THE MINUTES OF THE MEETING SHALL REFLECT ANY SUCH DISCLOSURE AND ABSTENTION FROM VOTING.IF CONFIDENTIAL INFORMATION WILL BE PRESENTED OR DISCUSSED, THE MEMBER OF THE BOARD WITH THE CONFLICT WILL BE EXPECTED TO EXCUSE HIMSELF/HERSELF DURING THAT PORTION OF THE MEETING. EXECUTIVE COMPENSATION PROCESS FORM 990, PART VI, LINE 15 THE BOARD OF THE ALUMNI ASSOCIATION INCLUDES AN INDEPENDENT COMPENSATION COMMITTEE THAT IS CHARGED WITH THE REVIEW OF THE OFFICER'S COMPENSATION AND BENEFIT PACKAGE.THE COMPENSATION COMMITTEE CONTEMPORANEOUSLY DOCUMENTS THE DELIBERATION AND DECISION IN MINUTES BEFORE APPROVING THE COMPENSATION AND BENEFIT PACKAGES.MANAGEMENT AND KEY OFFICIAL COMPENSATION IS REVIEWED BY THE ASSOCIATION'S PRESIDENT.COMPENSATION REVIEWS INCLUDE THE COMPARISON OF COMPARABLE DATA FROM SIMILAR ORGANIZATIONS,AND A COMPENSATION CONSULTANT IS USED DURING THE PROCESS. DISCLOSURE FORM 990, PART VI, LINE 19 THE ASSOCIATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE ASSOCIATION DOES MAKE ITS FORM 990 AND 990-T AVAILABLE TO THE PUBLIC. Other Changes in Net Assets Form 990, Part XI, Line 5 UNREALIZED GAINS $7,789,821 OTHER CHANGES IN NET ASSETS ($7,250,201) -------------- TOTAL OTHER CHANGES $539,620 -------------- -------------- JEFFERSON SCHOLARS ASSOCIATION FORM 990, PART IV AND PART XI THE UVA ALUMNI ASSOCIATION IS ALSO AFFILIATED WITH THE JEFFERSON SCHOLARS FOUNDATION (THE FOUNDATION). DURING THE YEAR ENDED JUNE 30, 2012, THE ASSOCIATION AND THE FOUNDATION CHANGED THEIR GOVERNING DOCUMENTS AS REQUIRED TO ENABLE THE DECONSOLIDATION OF THE ASSOCIATION'S FINANCIAL RESULTS FROM THE FINANCIAL STATEMENTS OF THE FOUNDATION AS OF JANUARY 20, 2012. THE JEFFERSON TRUST FOR THE UNIV OF VA 211 EMMET STREET SOUTH CHARLOTTESVILLE VA 22903 GRANT PROGRAM VA 0 N/A JEFFERSON SCHOLARS FOUNDATION 112 Clarke Court Charlottesville VA 22903 311755873 Scholarships VA 501(C)(3) 7 false FARQUHAR DAVID TUA PO BOX 400314 CHARLOTTESVILLE VA 22904 946402196 MANAGEMENT CA UVA ALUMNI ASSN TRUST 660670 1410800 1.00000 false false false false false false false false false false false false false false false false false true FARQUHAR DAVID TUA R 675934 FMV SUPPLEMENTAL INFORMATION THE ASSOCIATION HAS HISTORICALLY BEEN AFFILIATED WITH THE JEFFERSON SCHOLARS FOUNDATION (THE FOUNDATION). DURING THE YEAR ENDED JUNE 30, 2012, THE ASSOCIATION AND THE FOUNDATION CHANGED THEIR GOVERNING DOCUMENTS AS REQUIRED TO ENABLE THE DECONSOLIDATION OF THE ASSOCIATION'S FINANCIAL RESULTS FROM THE FINANCIAL STATEMENTS OF THE FOUNDATION AS OF JANUARY 20, 2012. THE ASSOCIATION IS NO LONGER THE SOLE MEMBER OF THE FOUNDATION.