2013-02-15T07:59:52-08:00 2012-06-30 990 2011-07-01 066070722 The University of Connecticut Foundation Inc UNIV 8604865000 2390 Alumni Drive Storrs CT 06269 Kevin A Edwards 2013-02-15 2011 2016-03-07 17:11:31Z Kevin A Edwards 2390 Alumni Dr Storrs CT 06269 61034656 false false X www.foundation.uconn.edu X 1964 CT The University of Connecticut Foundation, Inc.'s mission is to solicit, receive and administer gifts and financial resources from private sources for the benefit of all campuses and programs of the University of Connecticut. 50 49 159 110 -66841 -89853 32185542 39505200 8593667 8704305 22522310 12276365 -83524 -138817 63217995 60347053 25085269 28986706 0 9698691 10359344 686337 638514 11175087 6780587 5906933 42250884 45891497 20967111 14455556 396308288 398575988 18201176 14635698 378107112 383940290 X The University of Connecticut Foundation, Inc.'s mission is to solicit, receive and administer gifts and financial resources from private sources for the benefit of all campuses and programs of the University of Connecticut. false false 10918568 10918568 Scholarships, awards and fellowships.The University of Connecticut Foundation, Inc. receives gifts on behalf of donors restricted to the support of financial aid for University of Connecticut students. To ensure compliance with all University, federal and state financial aid requirements the University selects the student recipients and makes the awards directly to students. After receiving appropriate documentation from the University the Foundation provides grants to the University to fund financial aid expenditures.The expenditures are funded from investment income earned on endowment funds restricted to financial aid and gifts restricted for financial aid. 7796967 7796967 Endowed chairs and professorshipsThe University of Connecticut Foundation, Inc. received gifts on behalf of donors restricted to the support of University of Connecticut faculty compensation and research. To ensure compliance with all University and state personnel policies and for W-2 reporting purposes the University pays all faculty directly for compensation related items. After receiving appropriate documents form the University the Foundation provides grants to the University to fund faculty compensation expenditures. For non-compensation expenditures in support of faculty (e.g., research materials and equipment), generally the expenditure is made to the vendor directly by the University with the Foundation then providing a grant to the University to fund the expenditure after receiving appropriate documentation. Occasionally the Foundation will pay the vendor directly.The expenditures are funded from investment income earned on endowment funds restricted to support of faculty. 7496157 7496157 Program ServicesThe University of Connecticut Foundation, Inc. receives gifts on behalf of donors restricted to the support of programs at the University. Generally the expenditure is made to the vendor directly by the University with the Foundation then providing a grant to the University to fund the expenditure after receiving appropriate documentation. Occasionally the Foundation will pay the vendor directly. 2775014 2775014 8704305 28986706 true true false true false false false false true true true true false true true false false true false false true false false true true false false true false true true false false false false false false false false false true true false false false false true true true false false true 147 0 true 159 true false false true OC false false false false false true true false 0 false false false false false false false false false false false X 50 49 true false false false false false false true true false false false true true true true true true true true false false WV WI WA UT SC RI OR OH NY NM NJ NH ND MN MI ME MD MA LA KY KS IL DC CO CA AR AK X X Kevin Edwards 8604865000 2390 Alumni Drive Storrs CT 06268 Elease Wright 1.00 X 0 0 0 Harriet Munrett Wolfe 1.00 X 0 0 0 Connie Weaver 1.00 X 0 0 0 Wendy Watkins 1.00 X 0 0 0 Daniel Toscano 1.00 X 0 0 0 Robert Skinner 1.00 X 0 0 0 Stephen Sills 1.00 X 0 0 0 Robert Sherman 1.00 X 0 0 0 Mark Shenkman 1.00 X X 0 0 0 Adam Schwartz 1.00 X 0 0 0 Marsha Roth 1.00 X 0 0 0 John Ritter 1.00 X 0 0 0 Christopher Riley 1.00 X 0 0 0 John Rafal 1.00 X 0 0 0 Charlene Polino 1.00 X 0 0 0 Joseph Papa 1.00 X 0 0 0 Dominick Pagano 1.00 X 0 0 0 Sharon Nunes 1.00 X 0 0 0 Ronald McIntosh 1.00 X 0 0 0 Denis McCarthy 1.00 X 0 0 0 Kimberly Manning 1.00 X 0 0 0 John Malfettone 1.00 X X 0 0 0 Jay Malcynsky 1.00 X X 0 0 0 Philip Lofts 1.00 X 0 0 0 Gerald Lieberman 1.00 X X 0 0 0 Coleman Levy 1.00 X X 0 0 0 Douglas Lawrence 1.00 X 0 0 0 John Krenicki 1.00 X 0 0 0 Carla Klein 1.00 X 0 0 0 Clinton Gartin 1.00 X 0 0 0 Robert Holster 1.00 X 0 0 0 Timothy Holt 1.00 X 0 0 0 Mickey Herbert 1.00 X 0 0 0 Janet Hansen 1.00 X 0 0 0 Cheryl Grise 1.00 X 0 0 0 Mary Ann Gilleece 1.00 X 0 0 0 Mark Freitas 1.00 X 0 0 0 Albert Foreman 1.00 X 0 0 0 Drew Figdor 1.00 X 0 0 0 Douglas Elliot 1.00 X 0 0 0 Gerald DesRoches 1.00 X 0 0 0 Robert D'Amore 1.00 X 0 0 0 John Cutler 1.00 X 0 0 0 Kelvin Cooper 1.00 X 0 0 0 Candace Clark 1.00 X 0 0 0 Michael Cantor 1.00 X 0 0 0 Patrick Campion 1.00 X 0 0 0 Mark Boxer 1.00 X 0 0 0 Andy F Bessette 1.00 X 0 0 0 Alan Bennett 1.00 X 0 0 0 David I Barton 1.00 X 0 0 0 Craig Ashmore 1.00 X 0 0 0 Kenneth Alleyne 1.00 X 0 0 0 Ray Allen 1.00 X 0 0 0 John Martin 40.00 X X 414067 0 70300 Kevin A Edwards 40.00 X 221760 0 31402 Dina Plapler 40.00 X 165327 0 30912 Brian Otis 40.00 X 170518 0 29527 Frank Gifford 40.00 X 160971 0 28633 Deborah Cunningham 40.00 X 153308 0 13789 Suzanne O'Conor 40.00 X 183223 0 17504 Hal Reed 40.00 X 152239 0 25226 Paul Goldberg 40.00 X 122355 0 25317 Tim Nguyen 40.00 X 121442 0 15616 Colin Budd 40.00 X 114649 0 24680 1979859 312906 16 false true false Wilshire Associates Inc 1299 Ocean Avenue Suite 700 Santa Monica CA 90401 Invest Consulting 160417 Ruffalo Cody PO Box 3018 Cedar Rapids IA 52406 Phone Solicitations 505303 Gold Orluk & Partners LLP 172 West Main Street Avon CT 06001 Event Planning 126844 Connecticare PO Box 30726 Hartford CT 06150 Insurance 703624 Blackbaud Inc 2000 Daniel Island Drive Charlestown SC 29492 Software Consulting 251105 7 1413790 38091410 2139483 39505200 Univ. Fee for Service 900099 8583841 8583841 Univ. Endow Admin Fee 900099 120464 120464 8704305 4262694 4262694 0 0 0 8013671 8013671 8013671 -66841 8080512 548786 1413790 687603 -138817 -138817 0 0 0 60347053 8704305 -66841 12204389 28986706 28986706 0 0 0 1490513 393806 1096707 0 6594843 1516814 5078029 631642 145278 486364 1002417 230556 771861 639929 147184 492745 0 49478 11380 38098 129025 29676 99349 30000 6900 23100 638514 638514 2560088 2560088 68677 15796 52881 39405 9063 30342 305220 70201 235019 311758 71704 240054 0 260101 59823 200278 175575 40382 135193 0 45805 10535 35270 369190 84914 284276 0 314508 72337 242171 64795 14903 49892 Consulting 157942 36327 121615 Service Contracts 172098 39582 132515 Special Events 285277 65614 219663 Printing and Publications 342404 78753 263651 225587 18088 207500 45891497 28986706 5729704 11175087 641800 1026190 13256021 6897055 23654323 31846403 99800 233426 0 0 0 0 188866 208632 9302430 3272234 5341449 6030196 160378441 167754502 99200464 89737776 0 0 93547124 94841808 396308288 398575988 8315371 5123215 6505000 6270000 3248666 3114574 132139 127909 18201176 14635698 X -824888 -7276710 91401000 93929000 287531000 297288000 378107112 383940290 396308288 398575988 X 14455556 -8622378 X false true true X false false X 36038697 22510381 28779876 32185542 39505200 159019696 0 0 36038697 22510381 28779876 32185542 39505200 159019696 4285565 154734131 10318545 6570221 5966980 6271420 3329883 32457049 0 0 191476745 47059760 0.80810 0.77480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 41862 17152 59014 45832483 45891497 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 80404 55425 77108 59014 271951 250000 250000 250000 250000 1000000 1500000 60000 30000 59379 41862 191241 true 10591529 221773 607226 10206076 true 303625000 11132000 324000 10226000 3218000 301637000 263049000 14333000 39732000 10249000 3240000 303625000 244032000 10319000 21826000 9769000 3359000 263049000 0.00680 0.97450 0.01870 false false false 5897828 1841737 4056091 175906 101010 74896 1638699 1329487 309212 1589997 1589997 6030196 89737776 Limited Partnership Investments 82363001 Investment in R&D 550324 Fund Held in Trust by Other 11254181 Deferred Bond Issuance 358519 CSV - Life Insurance Policies 315783 94841808 Accrued Debt Service Interest 127909 127909 60347053 45891497 14455556 -7718733 -903645 -8622378 5833178 50489180 -7718733 -2826743 -10545476 61034656 -687603 -687603 60347053 44656002 1324593 1324593 43331409 2560088 2560088 45891497 Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S Investment Fees $2560088 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Event Expenses $687603 R&D expenses $636990 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances R&D Revenue $112141 R&D Expense $ -636990 Bad Debt Expense $ -378796 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. The Foundation's endowment funds provide grants to the University of Connecticut. The grants may be used to provide scholarships to University of Connecticut students, compensation and research support for University of Connecticut faculty, and general program support for University of Connecticut academic and athletic programs. The use of all endowment funds is subject to any restriction placed on funds by donors. All disbursements are subject to the Foundation's policy on disbursements: including the amount of the expenditure must be reasonable, for a legitimate business purpose, and with no private benefit. Part IV, Line 2b Part IV, Line 2b: Explanation of escrow account liability The Foundation is named as the trustee and remainder beneficiary of several charitable remainder trusts. In addition, the Foundation has entered into contracts with donors for charitable gift annuities for which the Foundation has accepted contributions. The present value of the liability for future payments is reflected on the Foundation's balance sheet Part IV, Line 1b Part IV, Line 1b: Why is organization an agent, trustee, custodian or other intermediary for contrib The Foundation has a contractual arrangement to act as the University's agent in managing the endowment assets of the University's ensuring consistent management of endowment assets that support the University regardless of entity ownership. Europe 0 0 Fundraising 81821 North America 0 0 Investments 8219438 Central America and the Caribbean 0 0 Investments 32993833 Europe 0 0 Investments 27046444 68341536 68341536 X true false true true true false X X X X X X false Gold Orluk & Partners LLC Avon CT 06001 Event Planner false 550606 121923 428683 Ruffallo Cody PO Box 3018 Cedar Rapi IA 52406 Phone Solicitat false 720446 516591 203855 1271052 638514 632538 DC WY WI WV WA VA VT UT TX TN SD SC RI PA OR OK OH ND NC NY NM NJ NH NV NE MT MO MS MN MI MA MD ME LA KY KS IA IN IL ID HI GA FL DE CT CO CA AR AZ AK AL White Coat Gala 948551 736173 212378 244754 Calhoun Celebrity Golf Classic 286882 219357 67525 81256 13 727143 458260 268883 361593 1962576 1413790 548786 687603 687603 -138817 true University of Connecticut 352 Mansfield Road Unit 2048 Storrs CT 06269 060772160 28986706 0 1 0 Additional Supplemental Information Fund Administration staff receives appropriate documentation prior to making disbursements to ensure compliance with grant restrictions, and to ensure such disbursements are reasonable. X true true X X X false true false false false false false true false false Suzanne O'Conor 175723 7500 14650 2854 200727 Kevin A Edwards 211760 10000 15608 15794 253162 John Martin 363442 50625 57861 12439 484367 Hal Reed 152239 12179 13047 177465 Frank Gifford 157971 3000 12878 15755 189604 Dina Plapler 160327 5000 13226 17686 196239 Deborah Cunningham 150808 2500 12265 1524 167097 Brian Otis 165518 5000 13641 15886 200045 Sch J, Part I, Line 7 Part I, Line 7: Non-Fixed payments not listed above The Foundation may give performance based awards based on formal review and with approval of Foundation management and board. Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. The Foundation provides memberships to the Hartford Club for Mr. Martin and Ms. Papler for business related meetings. The amount in 2011 was $4,786 for both memberships and were used solely for Foundation business. CHEFA 060806186 20774UJD8 2007-01-23 7252762 Refunding Series A false false false 7252762 502944 236705 7235346 false true true true true false false false false false false X The Hartford Club Key Emp. on Board 13024 Normal vendor payments false X 60 2139483 false true false Schedule R - Related Organizations While the mission of the Foundation is to support the University, under IRS instructions the University does not meet the definition of a "related organization". The Foundation has ten ex-officio board members, six of whom serve by virtue or their position as a University employee. None of the six University employees are counted in determining quorum and none are entitled to vote on matters before the Board. No compensation is paid by the Foundation for their service as directors. Part V, Question 4 b Foreign countries which an account with a financial interest in was located duringthe calendar year:Bermuda, Canada, Cayman Islands, Ireland and Netherland Antilles. Part IX Functional Expenses Column C & D - The allocation between Management and Fundraising is based on the audited financial statements with the exception of:Audit fee 100% ManagementInvestment fees 100% ManagementDonor Cultivation 100% FundraisingCompensation of Officers and Directors is by position:UConn Foundation President: 50% Management 50% FundraisingVP for Development: 100% FundraisingVP for Finance and Controls: 75% Management 25% FundraisingVP for Finance and CIO: 75% Management 25% Fundraising Form 990, Part III, Line 1 The University of Connecticut Foundation, Inc. mission is to solicit, receive and administer gifts and financial resources from private sources for the benefit of all campuses and programs of the University of Connecticut. The Foundation operates exclusively to promote the educational, scientific, cultural and recreational objectives of the University. As the primary fundraising vehicle to solicit and administer private gifts and grants which will enhance the University's mission, the Foundation supports UConn's pursuit of excellence in teaching, research, and public service. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Foundation's financial statement and conflict of interest policy are posted on the Foundation's web site and on the Electronic Municipal Market Access system (EMMA), which is available to the public. The Foundation's Articles of incorporation, IRS Determination Letter, IRS Form 990 and By-laws are available upon request. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees See 15a Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Annually the Foundation board members, officers and employees are sent a copy of the Foundation's Conflict of Interest questionnaire that they are required to complete and return to the Foundation. The responses are then reviewed by the Foundation's in-house legal counsel, with any potential conflicts reviewed with the Nominating and Governance Committee of the Board and the full Board as appropriate. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The Form is prepared by the Foundation and reviewed by management and the Foundation's Audit Committee. The Form is provided to the entire Board before it is filed. Form 990, Part VI, Line 2 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Board members Constance Weaver and Mark Boxer serve on the board of The Bushnell, a not-for-profit arts organization. Form 990, Part III, Line 4d Form 990, Part III, Line 4d : Other Program Services Description OTHER PROGRAM SERVICES 4: Program ServicesThe University of Connecticut Foundation, Inc. receives gifts on behalf of donors restricted to the support of programs at the University. Generally the expenditure is made to the vendor directly by the University with the Foundation then providing a grant to the University to fund the expenditure after receiving appropriate documentation. Occasionally the Foundation will pay the vendor directly. OTHER PROGRAM SERVICES 5: The University of Connecticut provides payment to the Foundation for fund raising and development expenses. The Foundation also earns a fee for management of endowment funds held by the University. Client Note 1 - Statement 4Form 990T, Part V, Line 4Bermuda, Canada, Cayman Islands, Ireland,and Netherland Antilles Charitable Remainder Trusts 13 2390 ALumni Drive Storrs CT 06269 Development CT N/A Trust UConn Research and Development Corp 400 Farmington Ave Farmington CT 06032 061145567 Start ups CT N/A C Corp 112141 636990 1.00000 false true false false false false false false false false false false false false false true false true Charitable Remainder Trusts 13 r 266178 Cash UConn Research and Development Corp p 550000 Cash UConn Research and Development Corp b 550000 Cash