2013-11-08T07:58:44-06:00 2012-12-31 410746749 CLIFTONLARSONALLEN LLP PO BOX 1347 RACINE WI 534011347 990 2012-01-01 391522072 UNIVERSITY OF WISCONSIN PARKSIDE BENEVOLENT FOUNDATION INC UNIV 2625952345 PO BOX 2000 KENOSHA WI 53141 RAYMOND CAMOSY 2625952345 2013-10-31 1 CHRISTINE M LUDWIG CPA P01230006 2626379351 2013-10-31 2012 2016-02-24 21:20:13Z RAYMOND CAMOSY PO BOX 2000 KENOSHA WI 53141 2540331 0 X N/A X 1985 WI TO PROVIDE SCHOLARSHIPS/GRANTS/AWARDS AND SUPPORT OF UNIVERSITY CAMPUS IMPROVEMENTS AND ACADEMIC PROGRAMS. 26 26 0 30 0 0 3874298 430911 0 0 139567 264354 3186 -44152 4017051 651113 168000 115728 0 0 0 0 0 0 7910 399299 470748 567299 586476 3449752 64637 7277829 7366864 316460 253661 6961369 7113203 PROVIDE SCHOLARSHIPS/GRANTS/AWARDS 0 0 518839 115728 651113 TO COLLECT AND RECEIVE GIFTS AND BEQUESTS, AND TO HOLD, ADMINISTER, USE OR DISTRIBUTE THESE GIFTS AND BEQUESTS FOR THE BENEFIT OF UW-PARKSIDE AND ITS STUDENTS IN THE ADVANCEMENT OF THE UNIVERSITY'S SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES. 518839 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 WI X ANDREW C HOLMAN CPA 4142711451 330 EAST KILBOURN AVE SUITE 550 MILWAUKEE WI 53202 X CARMELO TENUTA 1.00 X 0 0 0 CHRISTIAN A LIE 1.00 X X 0 0 0 GARY GROENKE 1.00 X 0 0 0 GEORGE STINSON 1.00 X 0 0 0 HEIDI SKATRUD 1.00 X 0 0 0 HOWARD OLSON 1.00 X 0 0 0 JAMES D SPIELMANN 1.00 X 0 0 0 JIM KRAMER 1.00 X 0 0 0 JOAN WILK 1.00 X 0 0 0 JOANN DREWEK MURTHA 1.00 X 0 0 0 JOHN KNUTESON 1.00 X 0 0 0 MICHAEL HAUBRICH 1.00 X X 0 0 0 NEIL F GUTTORMSEN 1.00 X 0 0 0 PETER BARCA 1.00 X 0 0 0 RAYMOND J CAMOSY 1.00 X 0 0 0 RITA PETRETTI 1.00 X 0 0 0 ROBERT TOEPPE 1.00 X X 0 0 0 ROGER CARON 1.00 X 0 0 0 SCOTT LARSEN 1.00 X 0 0 0 THOMAS NELSON 1.00 X 0 0 0 VINCENT RUFFOLO 1.00 X 0 0 0 GARY MEIER 1.00 X X 0 0 0 ELYNOR CHEMEROW 1.00 X 0 0 0 DEBORAH FORD 1.00 X 0 0 0 WILLIAM ALTHAUS 1.00 X 0 0 0 TIMOTHY MAHONE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 37343 393568 430911 137385 137385 1969029 1842060 126969 126969 126969 3006 37343 47158 -44152 -44152 651113 0 0 220202 115728 115728 39700 39700 2500 2500 3196 3196 1903 1903 5878 5878 2298 2298 CAMPUS IMPROVEMENTS 365804 365804 BANK FEES AND RELATED C 31429 31429 DEVELOPMENT EXPENSE 7910 7910 10130 10130 586476 518839 59727 7910 262477 1041610 3564259 2309001 5700 0 3398855 3967573 46538 48680 7277829 7366864 176082 113283 140378 140378 316460 253661 X -59686 5609 2674516 2616150 4346539 4491444 6961369 7113203 7277829 7366864 64637 87197 0 X X 0 1 X 1 0 X 175493 444773 551536 374298 430911 1977011 175493 444773 551536 374298 430911 1977011 48394 1928617 159116 99884 99138 94237 137385 589760 10331 3186 13517 2580288 0.74740 0.78130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4325919 165525 177559 177559 0 0 4491444 2193199 2471545 45293 363498 0 0 4346539 1992310 77348 183218 59677 2193199 1877968 35065 222551 143274 1992310 1730220 64216 243666 160134 1877968 0.00000 1.00000 0.00000 0 0 0 X 785468 87197 47158 134355 651113 0 651113 633634 47158 47158 586476 0 586476 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATION'S ENDOWMENTS CONSIST OF APPROXIMATELY 70 INDIVIDUAL FUNDS ESTABLISHED FOR STUDENT SCHOLARSHIPS. ITS ENDOWMENTS INCLUDE DONOR-RESTRICTED ENDOWMENT FUNDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AS PROVIDED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION, HAVING QUALIFIED FOR EXEMPTION UNDER PROVISIONS OF THE INTERNAL REVENUE CODE, IS ALSO EXEMPT FROM STATE INCOME TAXES. THE FEDERAL TAX RETURNS OF THE FOUNDATION FOR 2009, 2010, 2011 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 47,158. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 47,158. SCHEDULE D, PART V, LINE 1A, COLUMN A: DUE TO A PRIOR PERIOD RESTATEMENT THAT CHANGED THE CLASSIFICATION OF NET ASSETS, WE HAD TO REDUCE THE BEGINNING BALANCE OF SCHEDULE D, PART V, LINE 1A, COLUMN A BY $20,620. CELEBRAZIONE ITALIANA 32750 31383 1367 0 0 0 10517 400 3573 BEAR PAWS RUN 5274 4593 681 38024 35976 2048 10517 400 3573 14490 -12442 WI 1 0 0 0 0 0 1 SCHOLARSHIPS TO STUDENTS 137 115728 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT FUNDS ARE USED FOR SCHOLARSHIPS TO PAY FOR THE STUDENTS' TUITION, BOOKS AND OTHER RELATED EXPENSES INCIDENT TO ENROLLMENT. THE STUDENT'S ENROLLMENT STATUS IS MONITORED BY UNIVERSITY SYSTEMS AND PERSONNEL. IF THE STUDENT CANCELS ENROLLMENT BEFORE THE APPLICATION TERM STARTS, THE GRANT IS RESCINDED. FUNDING CHANGES REGARDING CANCELLATION DURING A TERM ARE DETERMINED BY THE CANCELLATION DATE AND THE GRANT SPECIFICATIONS. FORM 990 NET ASSET RESTATEMENT DURING THE YEAR ENDED DECEMBER 31, 2012, IT WAS DISCOVERED THAT THE CLASSIFICATION OF NET ASSET BALANCES WERE NOT PROPERLY RECORDED. UNRESTRICTED NET ASSETS WERE OVERSTATED BY $72,089, PERMANENTLY RESTRICTED NET ASSETS WERE OVERSTATED BY $20,620, AND TEMPORARILY RESTRICTED NET ASSETS WERE UNDERSTATED BY $92,709. THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2011 WITH A REPORT DATE OF JUNE 27, 2012 HAVE BEEN RESTATED TO REFLECT THE CORRECT AMOUNTS. THE EFFECT OF THIS RESTATEMENT WAS TO DECREASE UNRESTRICTED NET ASSETS BY $72,089, DECREASE PERMANENTLY RESTRICTED NET ASSETS BY $20,620, AND INCREASE TEMPORARILY RESTRICTED NET ASSETS BY $92,709. THE RESTATED ACTIVITY HAS BEEN REPORTED IN THESE FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011. FORM 990, PART VI, SECTION B, LINE 11 WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE AFFAIRS OF THE CORPORATION. (ARTICLE IX OF THE BYLAWS). THE EXECUTIVE AND THE FINANCE COMMITTEES REVIEW AND APPROVE THE FORM AND REPORT THAT APPROVAL TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD PRESIDENT REVIEWS THE FORM PERIODICALLY WITH THE EXECUTIVE COMMITTEE AND THEN COLLECTS THE FORM ANNUALLY FROM EACH BOARD DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.