2013-05-15T17:47:05-07:00 2012-06-30 TCBA Watson Rice LLP 500 NW 165th Street Road 205 Miami FL 331696303 990 2011-07-01 596175096 Florida Agricultural & Mechanical Univ Foundation Inc FLOR 8505993860 PO BOX 6562 TALLAHASSEE FL 32314 Juanita Johnson 2013-05-15 true Ronald Thompkins 3059471638 2011 2016-02-24 21:20:13Z 18071454 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. 24 22 0 22 0 5366749 3671722 0 5786175 -679834 1129818 1134289 12282742 4126177 2110270 2010662 0 1226099 1073581 107400 92583 1069699 5871526 4955110 9315295 8131936 2967447 -4005759 113631525 109835832 2232654 2442720 111398871 107393112 The Foundation's purpose is to aid in the advancement of the Florida Agricultural and Mechanical University's objectives and purposes. false false 4825916 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, seminars and dinners. Scholarships and grants include charges for tuition fees, room and board, books and stipends for scholars in various academic disciplines. 4825916 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 false false true true false 0 false false false false false false false false false false false X 24 22 false true false false false false false true true false false false true true true true true true true true false false X X Juanita Johnson 8505593860 625 E Tennessee Street Suite 100 Tallahassee FL 323084933 Thomas J Haynes 50.00 X X 0 117000 0 James Ammons 50.00 X X 324666 200000 0 Marjorie Tunrbull 5.00 X X 0 0 0 Chan Bryant Abney 5.00 X X 0 0 0 Joseph L Webster 5.00 X X 0 0 0 Twuanna Munroe 5.00 X X 0 0 0 Corey L Alston 5.00 X X 0 0 0 Carmen Cummings 5.00 X 0 119480 0 Betty Holzendorf 1.00 X 0 0 0 Shundrawn Thomas 1.00 X 0 0 0 Mark F Rhein 1.00 X 0 0 0 Harold L Martin 1.00 X 0 0 0 Rubey M Lucas 1.00 X 0 0 0 Oscar Joyner 1.00 X 0 0 0 Thomas Jones Jr 1.00 X 0 0 0 Mr Milton L Jones 1.00 X 0 0 0 Joseph W Hatchett 1.00 X 0 0 0 Col Brodes H Hartley Jr 1.00 X 0 0 0 Gerald C Grant Jr 1.00 X 0 0 0 Hosetta Coleman SPHR 1.00 X 0 0 0 Keith Clinkscales 1.00 X 0 0 0 Dr William J Bryant 1.00 X 0 0 0 Cheryl Harris Booker 1.00 X 0 0 0 Alfreda Blackshear 1.00 X 0 0 0 Thomas Mitchell 1.00 X 0 0 0 Juanita Johnson 50.00 X 89062 0 0 413728 436480 1 false true false UBS Trumbell Property Fund 10 State House Square Hartford CT 06103 Investment Services 116187 Sodexo 1510 Wahnish Way Tallahassee FL 32307 Catering Services 220001 Morgan Stanley Smith Barney 777 S Flagler Dr Ste 700 E Tower West Palm Beach FL 33401 Investment Mgmt 339919 3 132345 45483 458590 3035304 3671722 0 2873910 2873910 0 0 0 10311993 13865737 -3553744 -3553744 -3553744 59622 45483 79540 -19918 0 0 Other Income 900099 313076 313076 Administrative Fees 561000 841131 841131 1154207 4126177 4028117 -3553744 X 1 1 2010661 2010661 0 0 832462 832462 0 241119 22075 219044 0 0 0 0 56054 890 55164 28598 7250 21348 0 92583 92583 384810 331733 53077 0 117369 79004 4506 33859 0 0 0 115690 36153 79537 501655 334170 24269 143216 0 13150 9205 3945 0 0 1206 1206 24942 1702 23240 Reimbursements for grant costs 403190 403190 Contractual Services 528529 500045 28484 Entertainment & dinners 673626 458211 19039 196376 Administrative charges 841131 841131 1265160 631626 86891 546643 8131936 4825916 2236321 1069699 941831 270992 0 1109206 582247 0 0 0 24926 19874 0 0 747869 39982 8132 707887 46535655 46090931 30793320 31207686 0 0 34218455 30956215 113631525 109835832 171310 225988 2061344 2216732 2232654 2442720 X 683212 329365 30985603 27204359 79730056 79859388 111398871 107393112 113631525 109835832 -4005759 X false true true X false false X 5837479 6301072 4316856 5366749 3671722 25493878 0 0 5837479 6301072 4316856 5366749 3671722 25493878 0 25493878 3061068 2754896 2533854 2747058 2673411 13770287 0 1141006 1115283 1139369 1127181 1134289 5657128 44921293 0.56750 0.57240 X 98083285 129332 3279265 -257390 -254592 -8067 100971833 96211837 477948 3190844 -300248 -1481433 -15696 98083285 94168660 182342 3960417 -304127 -1787257 -9258 96211837 0.79000 0.21000 false false false 701206 701206 46663 39982 6681 707887 20700800 F 31207686 Other assets 38239 30956215 Scholarships payable 834680 Agency Liability 1382052 2216732 4126177 8131936 -4005759 -4005759 4126177 4126177 4126177 8131936 8131936 8131936 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 Cedar Rapi IA 52404 Annual Phonatho false 173097 92583 80514 173097 92583 80514 Homecoming Gala 105105 45483 59622 79540 105105 45483 59622 79540 79540 -19918 true FLORIDA A&M UNIVERSITY FLORIDA AM UNIVERSITY TALLAHASSEE FL 32307 590977035 2825589 0 AID IN THE ADVANCEMENT OF THE UNIV 1 0 Scholarships and Grants 1572 1801634 X X X true true X X X false false false false false false false false false false James Ammons 141250 200000 82428 100988 324666 200000 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 IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Utilities: Column (A) - Total = $19085; Column (B) - Program Services = $7656; Column (C) - Management & General = $11429; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Telephone: Column (A) - Total = $4615; Column (B) - Program Services = $439; Column (C) - Management & General = $3737; Column (D) - Fundraising = $439 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Taxes and licenses: Column (A) - Total = $32747; Column (B) - Program Services = $22684; Column (C) - Management & General = $341; Column (D) - Fundraising = $9722 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Scholarships and grants: Column (A) - Total = $427; Column (B) - Program Services = $0; Column (C) - Management & General = $427; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Repairs and Maintenance: Column (A) - Total = $87036; Column (B) - Program Services = $33703; Column (C) - Management & General = $38889; Column (D) - Fundraising = $14444 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Provision for doubtful account: Column (A) - Total = $318429; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $318429 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Postage and Shipping: Column (A) - Total = $55335; Column (B) - Program Services = $38488; Column (C) - Management & General = $352; Column (D) - Fundraising = $16495 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Miscellaneous: Column (A) - Total = $109651; Column (B) - Program Services = $67435; Column (C) - Management & General = $13316; Column (D) - Fundraising = $28900 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Materials and supplies: Column (A) - Total = $397230; Column (B) - Program Services = $270285; Column (C) - Management & General = $11108; Column (D) - Fundraising = $115837 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Equipment rental: Column (A) - Total = $35269; Column (B) - Program Services = $31771; Column (C) - Management & General = $3498; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Equipment Purchase: Column (A) - Total = $141257; Column (B) - Program Services = $98880; Column (C) - Management & General = $0; Column (D) - Fundraising = $42377 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Dues and Subscription: Column (A) - Total = $32556; Column (B) - Program Services = $29857; Column (C) - Management & General = $2699; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Form 990, Part IX, Line 24e: Other Expenses Bank charges: Column (A) - Total = $31523; Column (B) - Program Services = $30428; Column (C) - Management & General = $1095; Column (D) - Fundraising = $0 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 (Telephonically, electronic, of written requests). In addition, the Foundation's Form 990 and other governing documents are available on the Foundation's website at: http://www.famu.edu/index.cfm?GiveToFAMU&FoundationDocumentLibraryListing Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Foundation's 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 beginning 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 11 Form 990, Part VI, Line 11: 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. Form 990, Part VI, Line 3 Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company Florida Agricultural and Mechanical University employs the individuals delegated to operate the management duties of the Foundation. Client Note 1 - FAMU Foundation IRS Form 990 2011Schedule R, Part 5, lines 1.l - 1.nAmounts not presented, as these amounts are indeterminable. 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 true true true true true false false false Florida A&M University o 2010661 Actual cost Florida A&M University k 1074128 Actual cost