2012-11-14T16:17:08-06:00 2011-12-31 Grant Thornton LLP 100 E Wisconsin Ave Milwaukee WI 53202 990 2011-01-01 390743975 University of Wisconsin Foundation % BRIDGET A BUSH UNIV 6082634545 1848 University Avenue Madison WI 537264090 BRIDGET A BUSH 6088901231 2012-11-14 true Daniel Romano 4142898200 2011 2016-02-24 21:20:13Z MICHAEL M KNETTER PRES CEO 1848 University Avenue Madison WI 537264090 1257577318 false X WWW.SUPPORTUW.ORG X 1945 WI UNIVERSITY OF WISCONSIN FOUNDATION AIDS THE UNIVERSITY OF WISCONSIN BY SOLICITING GIFTS AND BEQUESTS, ADMINISTERS AND INVESTS SECURITIES AND PROPERTY AND DISTRIBUTES PAYMENTS FOR THE BENEFIT OF UW-MADISON. 49 46 433 52 -118012 -246853 165667841 197541841 0 0 103531639 102053343 102420 122027 269301900 299717211 206223864 211663494 0 0 14550052 15704933 0 0 14044344 16528198 18147806 237302114 245516233 31999786 54200978 2642629878 2532717884 323217969 327591754 2319411909 2205126130 THE UNIVERSITY OF WISCONSIN FOUNDATION IS THE OFFICIAL NOT-FOR-PROFIT FUND RAISING CORPORATION FOR THE UNIVERSITY OF WISCONSIN MADISON (UW-MADISON). IT RECEIVES GIFTS AND BEQUESTS, ADMINISTERS AND INVESTS SECURITIES AND PROPERTY, AND DISBURSES PAYMENTS TO AND ON BEHALF OF UW-MADISON FOR ADVANCEMENT OF SCIENTIFIC, LITERARY, EDUCATIONAL, AND ATHLETIC PURPOSES. IN ADDITION, THE UNIVERSITY OF WISCONSIN FOUNDATION RECEIVES GIFTS AND BEQUESTS, ADMINISTERS AND INVESTS SECURITIES AND PROPERTY AND DISBURSES PAYMENTS TO AND ON THE BEHALF OF SEVERAL OTHER UNITS OF THE UNIVERSITY OF WISCONSIN SYSTEM FOR ADVANCEMENT OF SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES. false false 211663494 211663494 IN ACCORDANCE WITH THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE, THE UNIVERSITY OF WISCONSIN FOUNDATION ASSISTS BY MAKING PAYMENTS TO OR ON BEHALF OF THE UNIVERSITY OF WISCONSIN. 211663494 true true false false false false false false false true true true false false true true true true false false true false false false false false false true false true false false false false true false false false true true false false false true true true false false true 224 0 true 433 true true true false false false false true true true 1 false false false X 49 46 true false true false true true true true true false false true true true true true true true true false AK AZ AR CA CO DC HI KY ME MD MA MI MN NH NJ NY OH OK OR SC UT WA WV WI X X BRIDGET A BUSH 6088901231 1848 UNIVERSITY AVENUE MADISON WI 53726 X Marla J Ahlgrimm 1.0 X 0 0 0 David E Beckwith 1.0 X 0 0 0 John E Berndt 2.0 X 0 0 0 Paula E Bonner 1.0 X 0 0 0 Nancy T Borghesi 1.0 X 0 0 0 Jerome A Chazen 2.0 X 0 0 0 Paul J Collins 1.0 X 0 0 0 Jeffrey J Diermeier 2.75 X 0 0 0 Thomas J Falk 0.5 X 0 0 0 Wade Fetzer III 2.0 X 0 0 0 David F Florin 0.5 X 0 0 0 Jere D Fluno 2.0 X 0 0 0 W Jerome Frautschi 1.0 X 0 0 0 Colleen A Goggins 2.0 X 0 0 0 Phillip T Gross 1.0 X 0 0 0 George F Hamel Jr 1.0 X 0 0 0 Jeffrey C Hammes 1.0 X 0 0 0 Jon D Hammes 1.0 X 0 0 0 Jill S Hatton 2.0 X 0 0 0 John P Holton 1.5 X 0 0 0 Ted D Kellner 0.5 X 0 0 0 Paul A Leff 0.5 X 0 0 0 Michael E Lehman 2.5 X 0 0 0 Peter A Leidel 1.0 X 0 0 0 Sheldon B Lubar 4.0 X 0 0 0 Thomas P Madsen 4.0 X 0 0 0 Jean Manchester Biddick 1.0 X 0 0 0 Jane R Mandula 2.0 X 0 0 0 Dr Alice R McPherson 1.0 X 0 0 0 Melinda J Mount 1.0 X 0 0 0 John S Nelson 2.0 X 0 0 0 Albert O Nicholas 0.5 X 0 0 0 The Honorable Kathryn A Oberly 1.0 X 0 0 0 John J Oros 2.0 X 0 0 0 San Watterson Orr Jr 1.0 X 0 0 0 Dr Linda L Procci 2.0 X 0 0 0 Renee H Ramirez 1.0 X 0 0 0 Dr Frederick A Robertson 2.0 X 0 0 0 Ricky C Sandler 2.0 X 0 0 0 Allan H Selig 0.25 X 0 0 0 Paul S Shain 1.0 X 0 0 0 Michael S Shannon 1.0 X 0 0 0 Steven F Skolaski 0.5 X 0 0 0 Irwin F Smith 1.0 X 0 0 0 Michael R Splinter 1.0 X 0 0 0 Todd E Warnock 2.0 X 0 0 0 Peter M Weil 1.0 X 0 0 0 James Jay Weinert 0.5 X 0 0 0 Doris F Weisberg 2.0 X 0 0 0 Jeffrey D Wiesner 2.0 X 0 0 0 Frances S Taylor 5.0 X X 0 0 0 Richard L Antoine 2.5 X X 0 0 0 Michael M Knetter 64.0 X X 407935 0 98834 Catherine M Ahrens 50.0 X 94877 0 28211 Bridget A Bush 45.0 X 79780 0 27108 Marion F Brown 45.0 X 162285 0 23750 Jennifer L Kidon DeKrey 55.0 X 177573 0 37305 Debra M Holt 50.0 X 122900 0 31095 Russell N Howes 45.0 X 174884 0 30181 Walter H Keough 10.0 X 102640 0 10264 Mark E Lefebvre 70.0 X 249525 0 37102 Thomas P Olson 50.0 X 408432 0 43334 Christopher G Richards 50.0 X 139456 0 33079 Alisa A Robertson 45.0 X 122477 0 1139 Bonnie L Schumacher 40.0 X 145241 0 21371 Martha Taylor 40.0 X 83392 0 24459 Andrew A Wilcox 45.0 X 127092 0 8935 John T Dobson 45.0 X 372319 0 26124 Daniel E Julie 45.0 X 185425 0 6384 Duane C Jahnke 45.0 X 125642 0 31770 John D Mueller 45.0 X 114579 0 27255 Scott T McKinney 45.0 X 123756 0 14941 3520210 0 562641 23 false true false LYSTER WATSON COMPANY 230 PARK AVE SUITE 2828 NEW YORK NY 10169 ALT INVESTMT ADVISOR 1543748 US BANK NA PO BOX 7900 MADISON WI 53707 INVSMT ADV/CUSTODIAN 597642 YORKTOWN PARTNERS LLC 410 PARK AVENUE 19TH FLOOR NEW YORK NY 10022 ALT INVESTMT ADVISOR 509240 FORTRESS INVESTMENTS 1345 AVENUE OF THE AMERICAS 23RD F NEW YORK NY 10105 ALT INVESTMT ADVISOR 483238 ROBERT W BAIRD CO INC 777 E WISCONSIN AVENUE SUITE 2700 MILWAUKEE WI 53202 INVSMT ADV/CUSTODIAN 402523 47 197541841 17874745 197541841 0 24013016 -195537 24208553 0 70172 70172 51855 51855 51855 51855 1034555968 1344466 956832181 1027926 77723787 316540 78040327 77525 77962802 0 0 0 0 299717211 -118012 102293382 211663494 211663494 0 0 0 3110627 1775054 1335573 0 9678838 3348724 6330114 813061 281306 531755 1264805 437602 827203 837602 289797 547805 0 500718 173240 327478 272423 272423 0 0 9558665 9558665 1774729 1570005 204724 1181694 1181694 959476 301793 657683 582336 201479 380857 0 634387 304148 330239 592163 592163 0 193755 67036 126719 0 0 615004 212791 402213 0 BAD DEBT EXPENSE 624107 624107 INCOME TAX LIABILITY 216784 216784 RECOG / SPECIAL EVENTS 155393 155393 CREDIT CARD USAGE FEES 113794 113794 172378 59647 112731 245516233 211663494 19808395 14044344 0 0 82937639 97648675 73492430 65123218 134316963 15836544 0 0 0 0 1454592 1394991 0 0 875093 754307 12878438 6034797 7054207 6843641 1826769853 1820662404 501754652 511605816 0 0 0 0 13974449 12848288 2642629878 2532717884 4452002 7209609 0 0 0 0 0 0 0 0 0 0 3838925 1598192 0 0 314927042 318783953 323217969 327591754 X 181926918 158597133 1345297639 1214730355 792187352 831798642 2319411909 2205126130 2642629878 2532717884 X 54200978 -168486757 X false true true X false X 334390947 160979453 156118593 165667841 197541841 1014698675 334390947 160979453 156118593 165667841 197541841 1014698675 163958026 850740649 55263354 29159809 13422452 17790765 24330580 139966960 0 0 505943 0 0 505943 1155171578 0.73646 0.72727 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1022569932 35834472 -41848815 36834396 979721193 886302945 53062709 130411566 47207288 1022569932 1215651932 29825088 -312299012 46875063 886302945 1693517816 -403207079 74658806 1215651931 0.81366 0.18634 false false 502530 502530 9629479 3854470 5775009 288322 257982 30340 2458107 1922345 535762 6843641 LIMITED PARTNERSHIPS 337146099 F REAL ASSET FUNDS 171228619 F OTHER FUNDS 3231098 F 511605816 0 CLINICS AUTHORITY 251334681 POINT FOUNDATION 17295494 BENEFIT OF U.W.-STOUT FNDTN 1176657 BENEFIT OF WISCONSIN ALUMNI ASSOCIATION FUND 6036915 DEFERRED COMPENSATION 1426961 LIABILITY UNDER SPLIT INTEREST 40424355 FUNDS DUE TO OTHER ORGANIZATION 1088890 318783953 299717211 245516233 54200978 -168557188 70431 -168486757 -114285779 131230445 -168557188 70422 -168486766 299717211 299717211 245516233 245516233 245516233 INTENDED USES OF ORGANIZATION'S ENDOWMENT FUNDS PART V, LINE 4 ENDOWED FUNDS ARE CRITICAL TO THE FINANCIAL STABILITY OF THE UNIVERSITY OF WISCONSIN-MADISON. THE PRESENT AND FUTURE REVENUE STREAMS THAT ENDOWED FUNDS GENERATE ALLOW COLLEGES AND DEPARTMENTS TO HIRE FACULTY, IMPLEMENT PROGRAMS, ADVANCE RESEARCH AND SUPPORT OUTSTANDING STUDENTS. ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740 PART X, QUESTION 2 THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). HOWEVER, THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ITS UNRELATED BUSINESS INCOME, AS A RESULT OF OWNERSHIP IN VARIOUS INVESTMENT ENTITIES. AS REQUIRED BY THE UNCERTAIN TAX POSITION GUIDANCE ISSUED BY THE FASB, THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE FOUNDATION APPLIED THE UNCERTAIN TAX POSITION GUIDANCE TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN. THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAXES AND FILES A STATE TAX RETURN IN ILLINOIS, NEW YORK, AND WISCONSIN. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO THE INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGMENT TO APPLY. TAX YEARS OPEN TO EXAMINATION BY TAX AUTHORITIES UNDER FEDERAL STATUTE OF LIMITATIONS INCLUDE CALENDAR YEARS 2004, 2005, AND 2008 THROUGH 2011. OPEN TAX YEARS UNDER WISCONSIN, ILLINOIS, AND NEW YORK STATUTE OF LIMITATIONS INCLUDE CALENDAR YEARS 2007 THROUGH 2011. FOR ALL STATES WHERE THE FOUNDATION HAS NOT FILED A STATE RETURN, ALL TAX YEARS REMAIN OPEN. THE FOUNDATION, IF APPLICABLE, RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND RECOGNIZES PENALTIES IN OPERATING EXPENSES. DURING THE YEARS ENDED DECEMBER 31, 2011 AND 2010, THE FOUNDATION DID NOT RECOGNIZE ANY INTEREST OR PENALTIES. RECONCILIATION OF CHANGE IN NET ASSETS & RECONCILIATION OF REVENUE PART XI, LINE 8; PART XII LINE 2D CHANGE IN CSV : $70,422 Central America and the Caribbean Investments Europe (Including Iceland and Greenland) Investments Sub-Saharan Africa Investments true false false true true false Activities per Region: Total Expenditures and Investments Schedule F, Part I, Column (F) Due to the extent and indirect tiered partnership structure of the Foundation's investments, this information is not readily available. The Foundation does monitor the investments for Form 926 and Form 8865 filing requirements. true University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 210911476 N/A-CASH SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 510000 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 64900 Appraisal BOOKS SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 26095 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 24000 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 13850 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 13200 DONOR ESTIMATE LANDSCAPE MATERIALS SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 10481 DONOR ESTIMATE PINS - MEDICAL GRADS SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 8000 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 81492 VARIOUS METHODS MISC GRANTS < $5,000 SEE SCHEDULE I, PART IV 1 0 ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS PART I, QUESTION 2; PART II, COLUMN (H) THE UNIVERSITY OF WISCONSIN FOUNDATION AIDS THE UNIVERSITY OF WISCONSIN BY SOLICITING GIFTS OF REAL AND PERSONAL PROPERTY WHICH IT COLLECTS, ADMINISTERS AND DISTRIBUTES FOR THE BENEFIT OF THE UNIVERSITY OF WISCONSIN IN ADVANCING ITS SCIENTIFIC, LITERARY, ATHLETIC AND EDUCATIONAL PURPOSES. THERE IS NO FURTHER MONITORING OF THE USE OF GRANT FUNDS FOLLOWING DISBURSEMENT TO THE UNIVERSITY OF WISCONSIN. X true true X X X false true false false false false false true false Michael M Knetter 396209 0 0 0 11726 0 80000 0 18834 0 506769 0 0 0 Marion F Brown 160305 0 0 0 1980 0 16398 0 7352 0 186035 0 0 0 Jennifer L Kidon DeKrey 177123 0 0 0 450 0 18540 0 18765 0 214878 0 0 0 Debra M Holt 121847 0 0 0 1053 0 12705 0 18390 0 153995 0 0 0 Russell N Howes 172574 0 0 0 2310 0 17688 0 12493 0 205065 0 0 0 Mark E Lefebvre 247545 0 0 0 1980 0 24500 0 12602 0 286627 0 0 0 Thomas P Olson 302963 0 105000 0 469 0 24500 0 18834 0 451766 0 0 0 Christopher G Richards 138794 0 0 0 662 0 14523 0 18556 0 172535 0 0 0 Bonnie L Schumacher 143340 0 0 0 1901 0 14523 0 6848 0 166612 0 0 0 John T Dobson 259350 0 112500 0 469 0 24500 0 1624 0 398443 0 0 0 Daniel E Julie 184975 0 0 0 450 0 4796 0 1588 0 191809 0 0 0 Duane C Jahnke 125046 0 0 0 596 0 13325 0 18445 0 157412 0 0 0 HEALTH OR SOCIAL CLUB MEMBERSHIPS SCHEDULE J, PART I, LINE 1A THE PERSONAL USE PORTION OF MICHAEL M KNETTER'S COUNTRY CLUB MEMBERSHIP WAS INCLUDED IN HIS FORM W-2. PERSONS PARTICIPATING IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B FORMER PRESIDENT ANDREW WILCOX PARTICIPATES IN A 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN OF THE UNIVERSITY OF WISCONSIN FOUNDATION. THE UNIVERSITY OF WISCONSIN FOUNDATION DID NOT CONTRIBUTE TO THIS PLAN DURING 2011. MICHAEL KNETTER PARTICIPATES IN A 457(B) AND 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN OF THE UNIVERSITY OF WISCONSIN FOUNDATION. THE UNIVERSITY OF WISCONSIN FOUNDATION CONTRIBUTED $16,500 AND $59,417 RESPECTIVELY TO THESE PLANS DURING 2011. ORGANIZATION PROVIDING NON-FIXED PAYMENTS NOT DESCRIBED IN LINES 5 AND 6 SCHEDULE J, PART I, LINE 7 BEGINNING WITH CALENDAR YEAR 2007, THE INVESTMENT COMMITTEE OF THE UNIVERSITY OF WISCONSIN FOUNDATION BOARD INSTITUTED AN INCENTIVE COMPENSATION PLAN FOR SELECTED PARTICIPANTS OF THE UW FOUNDATION INVESTMENT MANAGMENT GROUP. THE BOARD OF DIRECTORS AND THE PRESIDENT OF THE UNIVERSITY OF WISCONSIN FOUNDATION APPROVED THE ESTABLISHMENT OF THE PLAN WHICH IS DETAILED BELOW: PARTICIPANTS: CHIEF INVESTMENT OFFICER, SENIOR DIRECTORS OF INVESTMENTS AND OTHERS RECOMMENDED BY THE PRESIDENT AND CEO AND APPROVED BY THE INVESTMENT COMMITTEE AND BUDGET AND PERSONNEL COMPENSATION SUBCOMMITTEE. INCENTIVE COMPENSATION: PARTICIPANTS ARE ELIGIBLE FOR AWARDS RANGING FROM ZERO TO 50% OF THEIR ANNUAL BASE CASH COMPENSATION EARNED IN THE FISCAL YEAR UNDER REVIEW. THE PRESIDENT AND CEO, IN CONSULTATION WITH THE CHAIR OF THE INVESTMENT COMMITTEE, RECOMMENDS APPROPRIATE PERCENTAGE AWARDS BASED UPON A RETROSPECTIVE ASSESSMENT OF PERFORMANCE AGAINST GOALS ON A SET OF WEIGHTED FACTORS CUSTOMIZED FOR EACH ELIGIBLE EMPLOYEE. THESE ASSESSMENTS ARE COMPLETED AS DATA BECOMES AVAILABLE FOR THE PRIOR FISCAL YEAR, TYPICALLY DURING THE MONTH OF FEBRUARY, AND ARE SUBSEQUENTLY PRESENTED TO THE BUDGET AND PERSONNEL COMPENSATION SUBCOMMITTEE FOR APPROVAL. INCENTIVE COMPENSATION AWARDED UNDER THIS PLAN WILL NOT TRIGGER ADDITIONAL CONTRIBUTIONS TO THE FOUNDATION'S DEFINED CONTRIBUTION PENSION PLAN. FACTORS TO CONSIDER: IN DETERMINING THE PERCENTAGE OF SALARY TO BE AWARDED, EACH ELIGIBLE PARTICIPANT WILL BE EVALUATED ON INVESTMENT RETURN RESULTS AS WELL AS NON-FINANCIAL FACTORS RELATED TO HIS/HER PERFORMANCE. THE SPECIFIC FACTORS, COMPARISONS, TIMEFRAMES AND WEIGHTINGS WILL BE DETERMINED BY THE INVESTMENT COMMITTEE CHAIR, IN CONSULTATION WITH THE PRESIDENT AND CEO, BASED ON EACH INDIVIDUAL PARTICIPANT'S ROLE, LENGTH OF SERVICE, ASSET CLASS RESPONSIBILITY AND OTHER RELEVANT FACTORS. THESE PERSONALIZED PERFORMANCE MEASURES WILL BE DOCUMENTED IN MATRICES, AND APPROVED BY THE BUDGET AND PERSONNEL COMPENSATION SUBCOMMITTEE FOR EACH PARTICIPANT PRIOR TO THE BEGINNING OF THE FISCAL YEAR TO BE MEASURED. METHOD OF PAYMENT: PAYMENTS WILL BE AWARDED AS CASH OR DEFERRED COMPENSATION, THE LATTER SUBJECT TO APPROPRIATE IRS AND SEC REGULATIONS. PARTICIPANTS MAY SELECT THE FORM OF COMPENSATION IN INCREMENTS OF 25%. JILL S HATTON DIRECTOR 500 SCHOLARSHIP JEFFREY D WIESNER DIRECTOR 4000 SCHOLARSHIP X 20 619138 APPRAISAL/OTHER X 78579 APPRAISAL/OTHER X 4 4 OTHER X 348 15645070 OTHER X 2 568160 OTHER X 1 1 OTHER X 3 903600 APPRAISAL X 2 2 OTHER X EQUIPMENT 7 3898 OTHER X EVENT HOSTING 4 9358 OTHER X EVENT TICKETS 3 2428 OTHER X HORSE 1 4500 OTHER X TRAILER AND TIRES 1 2400 OTHER X MEDICAL EQUIPMENT 4 3534 OTHER X PINS FOR MEDICAL GRADS 1 10481 OTHER X LIFE INSURANCE POLICIES 2 5892 OTHER X LANDSCAPE MATERIALS 1 13200 OTHER X PIANO 2 2500 OTHER X RAM 1 2000 OTHER 28 false true true COLUMN B REPORTING EXPLANATION: SCHEDULE M, PART I, COLUMN B THE ORGANIZATION IS REPORTING NUMBER OF CONTRIBUTIONS IN COLUMN B OF SCHEDULE M, PART I. THIRD PARTIES AND NON-CASH CONTRIBUTIONS SCHEDULE M, PART I, LINE 32 The University of Wisconsin Foundation hires real estate agents at arm's length as necessary to sell real estate that is not transferred to the University of Wisconsin. FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES: PART V, QUESTION 4A & 4B THE ORGANIZATION HAS EVALUATED ITS FOREIGN OFFSHORE INVESTMENT FUND HOLDINGS BASED ON RECENT IRS GUIDANCE AND IS NOT SUBJECT TO THE FILING OF FORM TD F 90-22.1 TO REPORT ITS INTERESTS IN FOREIGN FINANCIAL ACCOUNTS. THESE ACCOUNTS ARE FOREIGN OFFSHORE INVESTMENT FUND HOLDINGS AND DO NOT MEET THE DEFINITION OF FOREIGN MUTUAL FUNDS REQUIRING DISCLOSURE. REPORTABLE BUSINESS RELATIONSHIPS: PART VI, SECTION A, QUESTION 2 SAN WATTERSON ORR JR AND MICHAEL M. KNETTER - BUSINESS RELATIONSHIP DR. FREDERICK A. ROBERTSON AND FRANCES SHUTER TAYLOR - BUSINESS RELATIONSHIP JOHN J. OROS AND PAUL COLLINS - BUSINESS RELATIONSHIP SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS: PART VI, SECTION A, QUESTION 4 SIGNIFICANT CHANGES TO THE ORGANIZATION'S BYLAWS INCLUDE: THE NUMBER OF OFFICERS OF THE ORGANIZATION HAS CHANGED. THE BYLAWS NOW STATE THE FOLLOWING: "4.01.NUMBER. THE GENERAL OFFICERS OF THE CORPORATION SHALL BE THE CHAIR OF THE BOARD, ONE OR MORE VICE-CHAIRS OF THE BOARD, THE PRESIDENT AND CEO, THE CHIEF FINANCIAL OFFICER, THE CHIEF INVESTMENT OFFICER, A SECRETARY, ONE OR MORE ASSISTANT SECRETARIES, A TREASURER, AND ONE OR MORE ASSISTANT TREASURERS, EACH OF WHOM SHALL BE ELECTED BY THE BOARD OF DIRECTORS. IN ADDITION, SUCH OTHER OFFICERS AND ASSISTANT OFFICERS AS MAY BE DEEMED NECESSARY MAY BE ELECTED OR APPOINTED BY THE BOARD OF DIRECTORS. ANY TWO OR MORE OFFICES MAY BE HELD BY THE SAME PERSON, EXEMPT THAT THE OFFICES OF SECRETARY, ASSISTANT SECRETARY, TREASURER, AND ASSISTANT TREASURER MAY NOT BE HELD BY ANY CHAIR, VICE-CHAIR, OR PRESIDENT AND CEO, AND EXCEPT THAT NO INDIVIDUAL SHALL CONTEMPORANEOUSLY HOLD THE OFFICES OF CHAIR, VICE-CHAIR, OR PRESIDENT AND CEO." THE POWERS OF THE PRESIDENT AND CEO NOW INCLUDE THE POWER TO APPOINT ONE OR MORE VICE PRESIDENTS OF THE FOUNDATION, WHO SHALL NOT BE OFFICERS OF THE FOUNDATION. THE BYLAWS HAVE REMOVED REFERENCE TO THE POWERS OF THE VICE PRESIDENTS. ORGANIZATION'S MEMBERS: PART VI, SECTION A, QUESTION 6 ACCORDING TO UNIVERSITY OF WISCONSIN FOUNDATION BYLAWS, ARTICLE II. MEMBERS: "2.01. NUMBER. THE CORPORATION SHALL HAVE AT LEAST ONE HUNDRED (100) MEMBERS AND NO MORE THAN FIVE HUNDRED (500) MEMBERS, THE EXACT NUMBER TO BE DETERMINED FROM TIME TO TIME BY THE NUMBER OF PERSONS ELECTED TO MEMBERSHIP." "2.02. QUALIFICATIONS. MEMBERS SHALL BE NATURAL PERSONS. MEMBERSHIP SHALL BE PERSONAL TO A MEMBER AND NO MEMBERSHIP OR RIGHTS OF A MEMBER SHALL BE ASSIGNED OR TRANSFERRED IN ANY MANNER. IT SHALL NOT BE A CONDITION OF MEMBERSHIP THAT A PERSON SHALL HAVE BEEN A GRADUATE OR STUDENT OR FORMER STUDENT OF A UNIVERSITY OR COLLEGE, OR SHALL HAVE HELD ANY OFFICE, POSITION OR MEMBERSHIP IN ANY OTHER ORGANIZATION, PUBLIC OR PRIVATE." MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF GOVERNING BODY: PART VI, SECTION A, QUESTION 7A ACCORDING TO UNIVERSITY OF WISCONSIN FOUNDATION BYLAWS, ARTICLE II. MEMBERS: "2.09. NOTICE OF MEETING. WRITTEN NOTICE STATING THE DATE, TIME, AND PLACE OF THE MEETING AND, IN THE CASE OF A SPECIAL MEETING, THE PURPOSE OR PURPOSES FOR WHICH THE MEETING IS CALLED, SHALL BE GIVEN NOT LESS THAN FIVE (5) DAYS NOR MORE THAN FIFTY (50) DAYS BEFORE SUCH MEETING BY OR AT THE DIRECTION OF THE CHAIR, IF THE CHAIR CALLED THE MEETING, OR THE SECRETARY, IF THE BOARD OF DIRECTORS CALLED THE MEETING OR THE SECRETARY CALLED THE MEETING AT THE REQUEST OF MEMBERS, TO EACH MEMBER ENTITLED TO VOTE AT SUCH MEETING. NOTICE MAY BE GIVEN IN PERSON OR BY ANY RELIABLE MEANS OF COMMUNICATION PERMITTED BY WISCONSIN STATUTES, INCLUDING E-MAIL, FACSIMILE TRANSMISSION, OR CONVENTIONAL MAIL. IF MAILED, SUCH NOTICE SHALL BE DEEMED TO BE DELIVERED WHEN DEPOSITED IN THE UNITED STATES MAIL, ADDRESSED TO THE MEMBER AT HIS/HER ADDRESS AS IT APPEARS IN THE RECORDS OF THE CORPORATION WITH POSTAGE THEREON PREPAID." "2.10. QUORUM. TWENTY PERCENT (20%) OF THE MEMBERS ENTITLED TO VOTE, REPRESENTED IN PERSON OR BY PROXY, SHALL CONSTITUTE A QUORUM AT A MEETING OF THE MEMBERS. IF A QUORUM IS PRESENT, THE AFFIRMATIVE VOTE OF THE MAJORITY OF THE MEMBERS REPRESENTED AT THE MEETING AND ENTITLED TO VOTE ON THE SUBJECT MATTER SHALL BE THE ACT OF THE MEMBERS UNLESS THE VOTE OF A GREATER NUMBER IS REQUIRED BY LAW. THOUGH LESS THAN A QUORUM OF THE MEMBERS ARE REPRESENTED AT A MEETING, A MAJORITY OF THE MEMBERS SO REPRESENTED MAY ADJOURN THE MEETING FROM TIME TO TIME WITHOUT FURTHER NOTICE. AT SUCH ADJOURNED MEETING AT WHICH A QUORUM SHALL BE PRESENT OR REPRESENTED, ANY BUSINESS MAY BE TRANSACTED WHICH MIGHT HAVE BEEN TRANSACTED AT THE MEETING AS ORIGINALLY NOTIFIED." "2.12. VOTING OF MEMBERS. EACH MEMBER SHALL BE ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. THE AFFIRMATIVE VOTE OF A MAJORITY OF THE VOTES ENTITLED TO BE CAST BY MEMBERS PRESENT, IN PERSON OR BY PROXY, AT A MEETING AT WHICH A QUORUM IS PRESENT SHALL BE THE ACT OF THE MEMBERS, UNLESS A GREATER NUMBER OF VOTES IS REQUIRED BY LAW, THE ARTICLES OF INCORPORATION OR THESE BYLAWS." DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERS: PART VI, SECTION A, QUESTION 7B ACCORDING TO UNIVERSITY OF WISCONSIN FOUNDATION BYLAWS, ARTICLE VIII. AMENDMENTS: "8.01. BY MEMBERS. THESE BY-LAWS MAY BE ALTERED, AMENDED OR REPEALED AND NEW BY-LAWS MAY BE ADOPTED BY THE MEMBERS BY AFFIRMATIVE VOTE OF NOT LESS THAN A MAJORITY OF THE VOTES ENTITLED TO BE CAST BY THE MEMBERS PRESENT IN PERSON OR REPRESENTED BY PROXY AT A MEETING OF MEMBERS AT WHICH QUORUM IS PRESENT, UNLESS A GREATER VOTE IS REQUIRED BY LAW, THE ARTICLES OF INCORPORATION, OR THESE BYLAWS." PROCESS ORGANIZATION USES TO REVIEW FORM 990: PART VI, SECTION B, QUESTION 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM IN COORDINATION WITH THE UNIVERSITY OF WISCONSIN FOUNDATION FINANCE DEPARTMENT. ONCE A DRAFT OF THE FORM 990 IS RECEIVED FROM THE INDEPENDENT CERTIFIED ACCOUNTING FIRM, REVIEW OF THE RETURN IS COMPLETED BY THE SENIOR ACCOUNTANT OF THE UNIVERSITY OF WISCONSIN FOUNDATION WHO HOLDS A MASTERS OF TAXATION DEGREE AND IS A CERTIFIED PUBLIC ACCOUNTANT. THE RETURN IS ALSO REVIEWED BY THE CHIEF FINANCIAL OFFICER AND/OR CONTROLLER OF THE UNIVERSITY OF WISCONSIN FOUNDATION. THE CERTIFIED PUBLIC ACCOUNTING FIRM MAKES ANY NECESSARY ADJUSTMENTS AND PROVIDES A REVISED RETURN. UPON RECEIPT OF A FINAL DRAFT THE RETURN IS REVIEWED BY THE AUDIT COMMITTEE OF THE UNIVERSITY OF WISCONSIN FOUNDATION PRIOR TO SIGNATURE AND FILING. PRIOR TO FILING THE FORM 990 IS PROVIDED ELECTRONICALLY OR IN PAPER FORM TO ALL BOARD MEMBERS FOR REVIEW. ISSUES OR QUESTIONS FROM BOARD MEMBERS REGARDING THE TAX RETURN ARE RESOLVED PRIOR TO FILING THE RETURN AND INCORPORATED INTO THE RETURN IF REQUIRED. IN THE EVENT THERE ARE CHANGES, A REVISED FINAL VERSION IS SENT TO ALL BOARD MEMBERS WITH DETAILED DESCRIPTIONS OF THE CHANGES. HOW ORGANIZATION MONITORS AND ENFORCES CONFLICT OF INTEREST POLICY: PART VI, SECTION B, QUESTION 12C ALL OFFICERS, DIRECTORS, KEY EMPLOYEES, AND EMPLOYEES OF THE UNIVERSITY OF WISCONSIN FOUNDATION ARE COVERED UNDER THE FOUNDATION'S CONFLICT OF INTEREST POLICY. OFFICERS, DIRECTORS, KEY EMPLOYEES, AND EMPLOYEES ARE TO DISCLOSE INTERESTS THAT MAY LEAD TO A CONFLICT. OFFICERS, DIRECTORS, AND KEY EMPLOYEES COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE INTERESTED PARTY MUST FULLY DISCLOSE ANY POTENTIAL CONFLICTS AND COMPLETELY RECUSE HIM/HERSELF FROM THE DISCUSSION AND ANY RELATED VOTE. PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT: PART VI, SECTION B, QUESTIONS 15A & 15B ANNUALLY THE COMPENSATION SUBCOMMITTEE OF THE BUDGET AND PERSONNEL COMMITTEE MEETS TO: 1) DETERMINE AND APPROVE THE PRESIDENT'S PAY, AND 2) REVIEW AND APPROVE THE PAY RECOMMENDATIONS MADE BY THE PRESIDENT FOR ALL OTHER OFFICERS. THE COMPENSATION SUBCOMMITTEE IS COMPOSED OF THE FOLLOWING MEMBERS OF THE BOARD: CHAIRMAN, VICE CHAIR, BUDGET AND PERSONNEL COMMITTEE CHAIR, AND SELECT OTHER BOARD MEMBERS. THE SUBCOMMITTEE REVIEWS SALARY SURVEYS ADMINISTERED BY PROFESSIONAL COMPENSATION CONSULTANTS THAT INCLUDE BIG TEN, BIG 12 AND OTHER UNIVERSITY FOUNDATIONS AND DEVELOPMENT DEPARTMENTS. THE SUBCOMMITTEE USES THIS MARKET DATA IN CONJUNCTION WITH INDIVIDUAL JOB PERFORMANCE AND THE FOUNDATION'S COMPENSATION PHILOSOPHY TO BE COMPETITIVE ON A NATIONAL BASIS FOR SIMILAR JOBS IN SIMILAR ORGANIZATIONS AS A BASIS FOR REVIEWING AND APPROVING ANY RECOMMENDATIONS. ACTIONS TAKEN ARE REFLECTED IN THE MINUTES OF EACH COMMITTEE MEETING. MINUTES ARE DISTRIBUTED, REVIEWED, AND OFFICIALLY APPROVED AT SUBSEQUENT MEETINGS. OTHER CHANGES IN NET ASSETS OR FUND BALANCES: PART XI, LINE 5 OTHER CHANGES IN NET ASSETS OR FUND BALANCES IS COMPRISED OF: UNREALIZED GAIN/LOSS : ($168,557,188) CHANGE IN CSV : 70,422 ROUNDING: 9 TOTAL : (168,486,757) HOW ORGANIZATION MAKES DOCUMENTS AVAILABLE TO THE PUBLIC PART IV, SECTION C, LINE 19 UNIVERSITY OF WISCONSIN FOUNDATION DOCUMENTS ARE AVAILABLE UPON REQUEST. HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Michael M Knetter TITLE:President & CEO Continuous HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Jennifer L Kidon DeKrey TITLE:CFO Continuous HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Russell N Howes TITLE:Asst Secretary Continuous HOURS:5 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Bonnie L Schumacher TITLE:Vice President Continuous HOURS:1 UW-MADISON SUPPORTING ORGANIZATION INC 1848 UNIVERSITY AVENUE MADISON WI 53726 391947636 SUPPORT ORG. WI 501(c)(3) 11A TYPE I UNIV WI FNTN true THE EVJUE FOUNDATION INC PO BOX 8060 MADISON WI 53708 396073981 SUPPORT ORG WI 501(c)(3) 11A TYPE 1 NA false TERRY FAMILY FOUNDATION INC 6048 S HIGHLANDS AVE MADISON WI 53705 391831024 SUPPORT ORG WI 501(C)(3) 11A TYPE 1 NA false CHARITABLE REMAINDER UNITRUST -116 TRUST WI UW FOUNDATION TRUST CHARITABLE REMAINDER ANNUITY TRUST - 12 TRUST WI UW FOUNDATION TRUST POOLED INCOME FUND A - 25 POOLED FUND WI UW FOUNDATION TRUST POOLED INCOME FUND B - 11 POOLED FUND WI UW FOUNDATION TRUST POOLED INCOME FUND D - 3 POOLED FUND WI UW FOUNDATION TRUST false false false false false false false false false false false false true true false false false true CHARITABLE REMAINDER ANNUITY TRUST - 1 R 845504 CASH VALUE CHARITABLE REMAINDER UNITRUSTS - 4 R 559964 CASH VALUE POOLED INCOME FUND A - 5 R 336142 CASH VALUE POOLED INCOME FUND B - 3 R 114668 CASH VALUE TRANSACTIONS WITH RELATED ORGANIZATIONS SCHEDULE R, PART V, LINES 1M & 1N THE UNIVERSITY OF WISCONSIN FOUNDATION SHARES FACILITIES, EQUIPMENT, AND PAID EMPLOYEES WITH THE UNIVERSITY OF WISCONSIN SUPPORTING ORGANIZATION; HOWEVER, THE EXACT DOLLAR AMOUNT OF SUPPORT PROVIDED IS NOT READILY DETERMINABLE.