2012-05-11T09:17:11-05:00 2011-09-30 WARREN AVERETT LLC 3815 INTERSTATE CT MONTGOMERY AL 36109 990 2010-10-01 636067755 TROY UNIVERSITY FOUNDATION TROY 3346703000 ADAMS ADMINISTRATION BUILDING NO 241 TROY AL 36082 DR JAMES BOOKOUT 3346703000 2012-04-16 1 TATIA W KNIGHT CPA 3342712200 2012-04-16 2010 2016-02-24 21:20:13Z DR JAMES BOOKOUT 241 ADAMS ADMINISTRATION TROY AL 36082 9926451 0 X WWW.TROY.EDU/DEVELOPMENT/FOUNDATION X 1968 AL SUPPORT OF TROY UNIVERSITY STUDENTS, FACULTY, STAFF AND ALUMNI 23 23 1 19 -5928 -3676 2531276 3799474 0 0 845570 923012 2568090 2723822 5944936 7446308 2284436 2499246 0 0 54256 49735 0 0 0 2904080 2853176 5242772 5402157 702164 2044151 79465458 81455538 30528625 30752634 48936833 50702904 TO ASSIST TROY UNIVERSITY IN BUILDING ITS ENDOWMENT THROUGH A COORDINATED DONOR PROGRAM AND SOUND INVESTMENT POLICY THEREBY ENSURING RELIABLE RESOURCES FOR THE FUTURE. 0 0 2877617 2499246 SUPPORT OF TROY UNIVERSITY SYSTEM ACADEMICS, LIBRARY, FACULTY, STAFF, ALUMNI AND STUDENT PROGRAMS FOR APPROXIMATELY 15,000 STUDENTS AND 100,000 ALUMNI. 2877617 1 1 0 0 0 0 1 1 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 19 0 1 1 1 1 0 0 0 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 AL X DR JAMES BOOKOUT 3346703108 ADAMS ADMINISTRATION BUILDING TROY AL 36082 X DR JAMES R ANDREWS X 0 0 0 DR JAMES BOOKOUT X X 0 0 0 DAN BROUGHTON X 0 0 0 WILLIAM H CARR X 0 0 0 KAREN CARTER X X 0 0 0 KYLE COX X 0 0 0 TOM CUNDY X 0 0 0 RONALD DEVANE X 0 0 0 DR JEFFREY DUGAS X 0 0 0 DR JACK HAWKINS X X 0 0 0 LARRY HUGHES X X 0 0 0 JOHN R FERGUSON X 0 0 0 DR MANUEL JOHNSON X 0 0 0 DR JEAN LALIBERTE X X 0 0 0 DOUG MIMS X 0 0 0 DR HARREL MCKINNEY X 0 0 0 RANDALL MOORE X 0 0 0 DR AMY MORRIS X 0 0 0 CHARLES NAILEN X 0 0 0 CLAUDENE NICHOLS X 0 0 0 DR JOHN SCHMIDT X X 0 0 0 GARY L SMITH X 0 0 0 H WILLIAM WASDEN X 0 0 0 0 0 0 0 0 0 0 WHALEY CONSTRUCTION COMPANY 225 WEST MADISON STREET TROY AL 36081 CONSTRUCTION SERVICES 206187 1 191087 3608387 17598 3799474 852463 852463 90001 95929 -5928 -5928 -5928 2021694 1951145 70549 70549 70549 207644 191087 433069 -225425 -225425 OTHER INCOME 900099 2603248 2603248 AFFINITY CARD AND ROYA 900099 250839 250839 VENDING COMMISSIONS 900099 101088 101088 2955175 7446308 3025724 -5928 627038 2499246 2499246 49735 49735 48642 48642 60988 5251 55737 43000 43000 151400 80472 70928 1041 1041 94850 1880 92970 17634 4710 12924 993767 6659 987108 876237 876237 15056 3691 11365 REPAIRS & MAINTENANCE 129663 30141 99522 REFUNDS 125711 122894 2817 GIFTS AND AWARDS 82386 24236 58150 MISCELLANEOUS 55075 42494 12581 DONATION EXPENSE 39634 12359 27275 118092 43584 74508 5402157 2877617 2524540 0 128553 136024 17417341 18518801 1690172 1110178 34416 421144 21500 0 33613994 3528437 30618193 30085557 288730 278364 26546990 28396941 2719563 2508529 79465458 81455538 454424 924832 1669200 2056284 232848 189677 28172153 27581841 30528625 30752634 X 14183740 13919968 18307416 18908701 16445677 17874235 48936833 50702904 79465458 81455538 X 2044151 -278080 X 0 1 1 X 0 X 5936259 3726573 2486595 2531276 3608387 18289090 5936259 3726573 2486595 2531276 3608387 18289090 953638 17335452 1425362 1260012 1229399 863896 852463 5631132 23920222 0.72470 0.73670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16250 X 0 1 622313 7302 43171 586444 1 27290336 1825982 364588 369741 29111165 24661184 534392 2432092 337332 27290336 24239777 262347 507509 510240 161791 24661184 0.23000 1.00000 0 0 95198 2557960 2653158 29688423 2571512 27116911 1256163 956925 299238 16250 16250 30085557 MUTUAL FUNDS & OTHER 28396941 F 28396941 FUNDS HELD FOR STUDENTS 1287138 GIFT ANNUITY LIABILITY 100164 CAPITAL LEASE OBLIGATION 20452970 REVERSIONARY INTEREST IN LAND 1126603 NOTE PAYABLE 4614966 27581841 7446308 5402157 2044151 -267806 -10274 -278080 1766071 7697226 250918 250918 7446308 0 7446308 5931155 528998 528998 5402157 0 5402157 PART IV, LINE 1B: THE FOUNDATION SERVES AS CUSTODIAN FOR A TITLE III GRANT FOR THE DOTHAN CAMPUS OF TROY UNIVERSITY TOTALING $396,767. PART IV, LINE 2B: THE FOUNDATION HOLDS ESCROW FUNDS FOR CERTAIN FRATERNITIES TOTALING $189,677. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATION ESTABLISHES ENDOWED FUNDS TO SUPPORT DONOR(S) PURPOSES IN PERPETUITY. GIFTS OF CASH OR CASH GENERATED FROM CONVERSION OF A NON-CASH ASSET ARE INVESTED IN THE TROY FOUNDATION ENDOWED INVESTMENT POOL. IT IS THE GOAL OF THE FOUNDATION ENDOWMENT INVESTMENT POLICY TO PROVIDE A REAL TOTAL RETURN FROM ASSETS INVESTED THAT WILL PRESERVE AND INCREASE THE PURCHASING POWER OF THE ENDOWMENT CAPITAL, WHILE GENERATING THE MAXIMUM YIELD TO SUPPORT THE ACTIVITIES OF THE FUNDS HELD FOR THE COLLEGES, SCHOOLS, DEPARTMENTS, UNITS AND PROGRAMS OF THE UNIVERSITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CERTAIN TYPES OF INCOME MAY BE SUBJECT TO TAX FROM UNRELATED BUSINESS INCOME AS DEFINED BY THE TAX CODE. AT TIMES, THE FOUNDATION RECEIVES ROYALTY AND OTHER INCOME THAT MAY BE TAXABLE. HOWEVER, NO UNRELATED BUSINESS INCOME TAX LIABILITY EXISTED AS OF SEPTEMBER 30, 2011 AND 2010. ON OCTOBER 1, 2009, THE FOUNDATION ADOPTED NEW GUIDANCE PERTAINING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THERE WAS NO EFFECT ON NET ASSETS AS A RESULT OF THE IMPLEMENTATION. AS OF SEPTEMBER 30, 2011 AND 2010, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE FOUNDATION HAS FILED ITS TAX RETURNS THROUGH SEPTEMBER 30, 2010. THE TAX RETURNS FOR YEARS ENDED SEPTEMBER 30, 2008, AND THEREAFTER ARE SUBJECT TO AUDIT BY THE TAXING AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -10,274. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -10,274. FUNDRAISING EXPENSES 433,069. NET UNREALIZED LOSSES ON INVESTMENTS -267,806. RENTAL EXPENSES 95,929. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 433,069. RENTAL EXPENSES 95,929. BLAKENEY ROAST 129825 91468 38357 36401 7096 CHRISTMAS CONCERT 43253 23233 20020 5 133065 76386 56679 19466 9087 95379 306143 191087 115056 19466 45488 102475 167429 -52373 1 TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 494147 STUDENT SCHOLARSHIPS TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 144548 EMINENT SCHOLAR PROFESSORSHIPS TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 1333379 ATHLETIC DEPARTMENT TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 527172 OTHER EXPENSES 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE CHANCELLOR, EXECUTIVE VICE CHANCELLOR, SENIOR VICE CHANCELLORS AND VICE CHANCELLORS ARE SOLELY RESPONSIBLE FOR DISBURSEMENTS FROM FUNDS WHICH THEY CONTROL. UPON APPROVAL OF THE APPROPRIATE AUTHORITY, THE DEAN OR DIRECTOR OF A COLLEGE, SCHOOL, DEPARTMENT, UNIT OR PROGRAM IS RESPONSIBLE FOR RECOMMENDING APPROVAL OF ALL FOUNDATION DISBURSEMENTS FROM THE APPROPRIATE FUNDS. FINAL EXPENDITURE OF FOUNDATION FUNDS REQUIRES THE APPROVAL OF THE ASSOCIATE VICE CHANCELLOR FOR DEVELOPMENT AND THE TREASURER FOR DISBURSEMENTS OF LESS THAN $500. FOR DISBURSEMENTS GREATER THAN $500, THE APPROVAL OF THE SENIOR VICE CHANCELLOR FOR ADMINISTRATION AND THE CHANCELLOR IS REQUIRED. FORM 990, PART VI, SECTION A, LINE 2 DR. JAMES BOOKOUT, DR. JACK HAWKINS, DR. JOHN SCHMIDT, AND DR. JEAN LALIBERTE - BUSINESS RELATIONSHIP WILLIAM H. CARR AND DOUG MIMS - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 THE TREASURER, VICE PRESIDENT, AND SECRETARY OF THE FOUNDATION REVIEWED THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE FOUNDATION OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -267,806. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -10,274. TOTAL TO FORM 990, PART XI, LINE 5: -278,080. TROY UNIVERSITY HOUSING LLC 260 ADAMS ADMINISTRATION BUILDING TROY AL 36079 636067755 BUYING, SELLING, AND LEASING REAL AND PERSONAL PROPERTY AL 1496163 19844897 TROY UNIVERSITY FOUNDATION