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251282914 162096993 67960 67960 162029033 162029033 Endowment Funds Part V, Line 4 Endowment funds are intended to support the University of Nebraska Collections of Art Scheudle D, Part III, Line 4 The collections include various works of art, books, poems, and other historical treasures housed at various centers and museums at the University of Nebraska campuses and further expand the educational experiences of the students at the institution. Other Income Adjustments Part XII, Line 4B Rental Expense Netted to Rental Income 67,960 Other Expense Adjustments Part XIII, Line 2d Rental Expense Netted to Rental Income 67,960 FIN 48 FOOTNOTE PART X, LINE 2 The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The foundation recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Such tax positions, which are more than 50% likely of being realized, are measured at their highest value. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. During 2011 and 2010, management determined that there are no income tax positions requiring recognition in the consolidated financial statements. true University of Nebraska 3835 Holdredge St Lincoln NE 68588 470049123 501(c)(3) 126908429 2382558 FMV/Appraisals Donated for Univ use University Support The Alumni Assoc of the University of Ne 1520 R Street Lincoln NE 68508 470378980 501(c)(3) 494000 Alumni Association Support The University of Ne at Omaha Alumni Assoc 6705 Dodge Street Omaha NE 68182 476027511 501(c)(3) 144000 Alumni Association Support UNMC Alumni Association 985200 Nebraska Medical Ctr Omaha NE 68198 270733750 501(c)(3) 230000 Alumni Association Support 4 0 PART I, LINE 2 GRANT FUNDS ARE PAID UPON SUBMISSION OF REQUEST FOR SAID FUNDS AFTER THE EXPENSES ARE INCURRED AT THE IRC SECTION 501(C)(3) AFFILIATED ORGANIZATIONS. X X X X true true X X X X true true false false false false false false false Terry Fairfield 234161 0 0 0 433499 0 18900 0 5929 0 692489 0 0 0 Daniel Morin 174553 0 40000 0 1040 0 14332 0 6868 0 236793 0 0 0 John Niemann 128798 0 48750 0 4837 0 10654 0 8492 0 201531 0 0 0 Lori Byrne 124913 0 16000 0 3304 0 10240 0 14283 0 168740 0 0 0 Amy Volk 134663 0 14000 0 1683 0 11024 0 14481 0 175851 0 0 0 Jon Abegglen 100377 0 6000 0 12282 0 9116 0 14161 0 141936 0 0 0 Clarence L Castner 271920 0 85000 0 23079 0 19600 0 16764 0 416363 0 0 0 Keith D Miles 141705 0 18000 0 980 0 11634 0 15321 0 187640 0 0 0 Jason D Kennedy 143016 0 17000 0 980 0 11890 0 15307 0 188193 0 0 0 Kevin C Meyer 144993 0 17000 0 980 0 12637 0 14868 0 190478 0 0 0 D Joe Selig 166303 0 18000 0 9966 0 13695 0 14624 0 222588 0 0 0 Matt McNair 154751 0 25000 0 4032 0 12637 0 15420 0 211840 0 0 0 Stephen Frayser 131714 0 10000 0 6198 0 11168 0 14375 0 173455 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL, CHARTER TRAVEL, AND TRAVEL FOR COMPANIONS AVAILABLE ON A LIMITED BASIS WITH PRIOR APPROVAL FROM MANAGEMENT. SOCIAL DUES FOR SELECTED EMPLOYEES AVAILABLE BASED UPON JOB RESPONSIBILITIES. A DRIVER IS PROVIDED TO THE CEO ON AN AS-NEEDED BASIS. PART I, LINE 4A Severance payments of $9,559 were provided to former officer Jon Abegglen. PART I, LINE 4B Compensation of $430,410 was paid to Terry Fairfield AS PART OF A final payment in a nonqualified PLAN that was established in 1996 for services rendered during "Campaign Nebraska" from 1993-2000. Tonn Ostergard Director Director, Union Bank 371837 Management of Assets false JAMES P ABEL DIRECTOR OWNER, NEBCO INC. 832943 RENTAL OF PROPERTY false X 5 114833 Appraisal X 2012278 Fair Market Value X 238 18738318 Fair Market Value X 6 2527574 Fair Market Value X 2 541549 Appraisal X 1 214200 Appraisal X 6 Row Planter & Cable Winder 1 10500 Fair Market Value X AmeriFuels 8.1 Engines 9 135000 Fair Market Value X Gaming Computer and Components 1 1 Fair Market Value X Grand Piano 1 39947 Appraisals X Horses 4 69875 Appraisals 11 false true true Third Parties Schedule M, Line 32b The Foundation uses brokers to sell stock gifts and real estate gifts. Governing Documents Form 990, Part VI, Section C, Line 19 Audited financial statements are published on the Organization's website. All other governing documents are available to the public upon request. Trustee Members Form 990, Part VI, Section A, line 6 Trustees are considered members of the entity. ELECTION OF BOARD OF DIRECTORS Form 990, Part VI, Section A, line 7a Trustees elect the Board of Directors. REVIEW OF 990 Form 990, Part VI, Section B, Line 11B The approval of the Form 990 has been delegated by the Board of Directors to the Tax Review Subcommittee. The Tax Review Subcommittee reviews and approves the Form 990 prior to filing. THE FORM 990 WITH SCHEDULE B REDACTED IS SENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. Conflict of Interest Policy Form 990, Part VI, Section B, Line 12c Annual completion of the conflict of interest disclosure is required by the board of directors and all officers of the Foundation. Stated disclosures are investigated by in-house legal counsel and reported to the Chair of the Audit Committee. The Chair reviews any potential conflicts and makes a recommendation to the Board, if appropriate. The Board makes the final determination of whether or not there is a disqualifying event. At any time a board member or officer may declare a conflict of interest and recuse himself/herself from the discussion. The individual is also required to disclose any known or possible conflicts of interest that arise during the calendar year. REVIEW OF COMPENSATION Form 990, Part VI, Section b, Line 15B Market data on compensation is gathered and analyzed and the information is then provided to the Compensation Subcommittee of the Executive Committee. Based on the data provided, the Compensation Subcommittee submits recommendations for compensation for officers and disqualified persons to the Executive Committee. The Executive Committee, with the authority provided to them by the Board of Directors, approves all officer and disqualified person salaries and reports the salaries to the Board annually. RECONCILIATION OF NET ASSETS Form 990, Part XI, Line 5 UNREALIZED GAIN ON INVESTMENTS 120,659,367 PRIOR PERIOD ADJUSTMENT (34,975,044) NET ADJUSTMENT 85,684,323 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Tonn M Ostergard TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Keith D Miles TITLE:VP General Counsel Corp Sec HOURS:5 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Jason D Kennedy TITLE:VP and Treasurer HOURS:5 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Kimberly Peska Bilder TITLE:Ast Corp Sec Ast Legal Couns HOURS:5 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Tracey Edgerton TITLE:Assoc Vice President HOURS:5 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Daniel Morin TITLE:Sr VP Dir of Investments HOURS:5 University of Nebraska Technology Park PO Box 82555 Lincoln NE 68501 470795794 tech develop NE 458478 1947662 U of NE Fnd UNF Charitable Gift Fund 1010 Lincoln Mall Suite 300 Lincoln NE 68508 200288992 CHAR. GIVING NE 501(c)(3) 7 U OF NE FND false false true false false false false false false false true false true false false false false true UNF CHARITABLE GIFT FUND R 1300000