2011-04-21T14:02:58-05:00 2010-06-30 KPMG LLP 1676 International Drive McLean VA 22102 990 2009-07-01 540485595 University of Virginia Alumni Association UNIV 4342439000 PO BOX 400314 Charlottesville VA 22904 DONNA R AREHART 2011-04-21 true SCOTT SHERMAN KPMG 703-286-8398 7032868000 2009 2016-02-24 21:20:13Z C Thomas Faulders III 211 Emmet St S CHARLOTTESVILLE VA 22903 32199093 false X www.alumni.virginia.edu X 1838 VA To develop, strengthen, and utilize the bonds of interest, sympathy and affection existing between the University of Virginia and its alumni and among the alumni themselves 36 36 86 1200 668300 26216 29345335 26232449 5035863 4715706 909496 871791 1018970 309864 36309664 32129810 14599459 30769488 0 0 4160434 4188405 0 0 393117 4775300 4340525 23535193 39298418 12774471 -7168608 170318517 191963073 65371459 75598676 104947058 116364397 The purpose of the Association is to provide services to all alumni of the UVA. The Association seeks to create a strong and collaborative alumni engagement program that wil enhance the UVA's ability to build and maintain ties with a diverse alumni community. false false 31719115 30769488 536838 Grant Program - The Association disburses gifts, raised and received, and allocates funds to U.Va. and University-related organizations. 2249106 742624 Homecomings & Reunions - The Association sponsors group activities and events at other locations for the benefit of the alumni and U.Va. and sponsors awards to faculty, etc. 1331043 632450 The Virginia Magazine - The Association publishes a quarterly magazine that is mailed as a hard copy to parents, alumni and faculty, and as an electronic copy to students. 1693799 302147 Other program services 1693799 302147 36993063 true true false false false false false false true true false true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 312 0 true 86 true true true false false false false true true false false false 36 36 false false false false false false false true true false false true true true true true true true true false AK AZ AR CA CO DC HI IL KS KY ME MD MA MI MN MS NH NJ NM NY OK OR PA RI SC TN UT WA WI X DONNA AREHART 4342439000 ALUMNI HALL CHARLOTTESVILLE VA 229030446 ALEXANDER B HUME 1.0 X 0 0 0 ALAN Y ROBERTS 1.0 X 0 0 0 ALEXANDRA ARRIAGA 1.0 X 0 0 0 WILLIAM F BLUE JR 1.0 X 0 0 0 TERESA A BRYCE 1.0 X 0 0 0 DONNA L BYRD 1.0 X 0 0 0 ANN H TAYLOR 1.0 X 0 0 0 MARGARET H CHANG 1.0 X 0 0 0 ATIIM K BARBER 1.0 X 0 0 0 STEPHEN S CRAWFORD 1.0 X 0 0 0 ELIZABETH P FOSTER 1.0 X 0 0 0 JOHN L CASTEEN III 1.0 X 0 0 0 LISA O GARDNER 1.0 X 0 0 0 PETER M GRANT II 1.0 X 0 0 0 CHRISTINE P GUSTAFSON 1.0 X 0 0 0 VICTORIA D HARKER 1.0 X 0 0 0 GLYNN D KEY 1.0 X 0 0 0 TIMOTHY G OSHEA 1.0 X 0 0 0 NOREEN L POULSON 1.0 X 0 0 0 RICHARD C KELLOGG JR 1.0 X 0 0 0 BRYANT L STITH 1.0 X 0 0 0 MICHELE T TARBET 1.0 X 0 0 0 SANDRA W LEWIS 1.0 X 0 0 0 JULIE G LYNN 1.0 X 0 0 0 BYRON F MARCHANT 1.0 X 0 0 0 DEANNE E MAYNARD 1.0 X 0 0 0 STEPHEN A RIDDICK 1.0 X 0 0 0 REGINALD E RUTLEDGE JR 1.0 X 0 0 0 TODD R SCHNUCK 1.0 X 0 0 0 D FRENCH SLAUGHTER III 1.0 X 0 0 0 E ARMISTEAD TALMAN MD 1.0 X 0 0 0 MARY M WATSON 1.0 X 0 0 0 PHOEBE L YANG 1.0 X 0 0 0 OWEN D GRIFFIN JR 1.0 X 0 0 0 DONNA R AREHART 40.0 X 168898 0 34406 C THOMAS FAULDERS III 40.0 X 307186 0 33085 WAYNE D COZART 40.0 X 127853 0 24062 MARY C BASS 40.0 X 111917 0 22165 ROBERT VICCELLIO 40.0 X 114696 0 32943 830550 0 146661 5 false true false THE LANE PRESS INCORPORATED PO BOX 130 BURLINGTON VT 054020130 PRINTING 182697 ARAMARK SERVICE MASTER UNIVERSITY OF VIRGINIA CHARLOTTESVILLE VA 22903 FACILITY MANAGEMENT 316893 CULPEPER STAR EXPONENT PO BOX 111 CULPEPER VA 22701 PRINTING 209457 BRW Architects 112 Fourth Street NE Charlottesville VA 22902 Architecture 214653 COMMUNITY COUNSELING SERVICE CTR L 3349 Hwy 138 Bldg C Ste D Wall NJ 07719 Counseling 183000 17 1357507 24874942 2940909 26232449 UVA CONTRACTUAL SERVICES 900099 2308388 2308388 GRANTS 900099 58000 58000 ADMIN. SVC. FEE 900099 536838 536838 COMMISSIONS 900099 133054 133054 ADVERTISING 541700 632450 32924 599526 1046976 969074 77902 4715706 941074 -9128 950202 0 309864 309864 69283 -69283 -69283 -69283 0 0 0 0 32129810 4038278 668300 1190783 30769488 30769488 0 0 0 527214 210070 206724 110420 0 2731171 2297699 355330 78142 328059 164674 145566 17819 392265 305650 71256 15359 209696 167924 27107 14665 0 93912 60462 33450 0 83506 83506 0 0 0 464207 0 464207 0 0 70856 69416 1348 92 230971 139575 69920 21476 43670 21037 21894 739 0 529157 232508 254659 41990 31934 29699 1742 493 0 0 0 0 359442 190287 134951 34204 72440 56271 11629 4540 SPECIAL EVENTS 1413188 1394779 18409 0 PRINTING AND PUBLICATIONS 942242 883524 5540 53178 UNRELATED BUSINESS INCOME TAX 5000 0 5000 0 ESTIMATED PAYMENT 39298418 36993063 1912238 393117 21142995 21674769 4900684 5441205 143284 101856 8352435 4503675 4139140 3848760 41961294 48104046 97680644 112416157 350476 376280 170318517 191963073 613920 962963 64757539 74635713 65371459 75598676 X 38572915 42915014 43133797 46644303 23240346 26805080 104947058 116364397 170318517 191963073 X false true true X false X false false false 40468469 45472277 32847693 29400335 26232449 174421223 40468469 45472277 32847693 29400335 26232449 174421223 174421223 736316 1742047 1008923 920063 941074 5348423 5075860 1662492 3857832 5035863 5025570 20657617 200427263 6819990 0.87025 0.89270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 104947058 23843826 19074343 32036585 535752 115292890 130068977 27281650 -35572968 15420708 1409893 104947058 0.37000 0.23000 0.40000 false false 5985875 3457545 2528330 1136630 661244 475386 1229930 384886 845044 3848760 PRIVATE EQUITY 26273721 F LONG/SHORT EQUITY 36454960 F REAL ESTATE 5642828 F CREDIT 8345497 F ABSOLUTE RETURN 13945112 F RESOURCES 9994986 F CASH AND ACCRUALS 11759053 F 112416157 0 RELATED ORGANIZATIONS 67228755 OTHER LIABILITIES 403770 ANNUITY & LIFE OBLIGATIONS 3534201 PAYABLE TO PRIME BROKER 36955 SECURITIES: SHORT POSITIONS 3248961 PAYABLE UNDER REPURCHASE AGREE 183071 74635713 FIN 48 FOOTNOTE SCHEDULE D FIN 48 FOOTNOTE The Association is required to recognize a tax position taken or expected to be taken on a tax return based on a 'more-likely than-not" threshold. This applies to positions taken or expected to be taken on a tax return. The Assocation does not believe its consolidated financial statements include any uncertain tax positions. INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V The Association's endowments consist of approximately 3,010 individual funds established for a variety of purposes in furtherance of the association's mission, including both donor-restricted endowment funds, term endowments, and funds designated by the Board to function as endowments. The endowments support specific programs, scholarships, student activites, and University-related organizations. Schedule D, Part XII, Line 2d Change in value of trusts & annuities - (1,409,893) Revenues reported by JSF - (34,555,966) Change in value of swap reported by JSF - (1,666,331) Totals (37,632,190) Schedule D, Part XIII, Line 4b JSF Investment Expenses - Current year amount? true University of Virginia Box 400229 Charlottesville VA 229044229 546001796 501(C)(3) 30769488 Provide assistance to the Unvirsity of Virginia t 1 U.Va Fund Schedule I, Part I The UVa. Fund serves the University community with financial management and banking services, processing of donations and providing emergency loans and assistance to students. X true true X X X X X false false false false false false false true false DONNA R AREHART 151768 0 6130 0 11000 0 23790 0 10616 0 203304 0 0 0 C THOMAS FAULDERS III 250000 0 35150 0 22036 0 23500 0 9585 0 340271 0 0 0 WAYNE D COZART 114975 0 4378 0 8500 0 23070 0 992 0 151915 0 0 0 Schedule J Supplemental Information Schedule J, Part I, Line 1 Health or Social Club Dues The Alumni Association pays for health club dues and social club dues for the following employees: 1. Tom Faulders - Health Club $0 Social Club Dues $6,036 2. Donna Arehart - Health Club $325 Social Club Dues $2,500 3. Wayne Cozart - Health Club $325 Social Club Dues $0 4. Robert Viccellio - Health Club $325 Social Club Dues $0 5. Molly Bass - Health Club $0 Social Club Dues $2,500 Schedule J, Part I, Line 7 Incentive Compensation The University of Virginia Alumni Association annually distributes incentives based on three criteria for the organization as a whole. The criteria is as follows; the employee's own performance level for the year, the percentage of goals met by the employee's department, and the percentage of goals met by the Alumni Association as a whole. Each criteria is weighted based on the employee's level in the organization. The level of Vice Presidents receives an equal weighting in each of the criteria areas. The incentive plan is not a contractual obligation for any employee within the Alumni Association. X 335 1867038 FMV X Horses 17 1039103 appraisal X Other 28 34768 FMV 6 false true true 32a Schedule M, Line 32a The Alumni Association uses independent agents and brokers to sell and process gifts of securities. Conflict of Interest Policy FORM 990, PART VI, LINE 12 ANNUALLY, EACH MEMBER OF THE BOARD OF MANAGERS FILES WITH THE EXECUTIVE DIRECTOR A "CONFLICT OF INTEREST DISCLOSURE STATEMENT." IN ADDITION, THIS STATEMENT IS FILED BY FUTURE MEMBERS OF THE BOARD OF MANAGERS AT THE TIME OF THEIR ELECTION. A CONFLICT OR POTENTIAL CONFLICT OF INTEREST IS CONSIDERED TO EXIST IF THE MEMBER OR A MEMBER'S DEPENDENT HAS ANY RELATIONSHIP, INTEREST, OR SITUATION WHICH MIGHT INDICATE A DUALITY OF LOYALTY OR INTEREST. IF A CONFLICT EXISTS, THE MEMBER IS ASKED TO IDENTIFY THE SPECIFIC CONFLICT. ANY MEMBER OF THE BOARD HAVING A CONFLICT OF INTEREST IN CONNECTION WITH ANY MATTER BEFORE THE BOARD SHALL SO INDICATE AT THE TIME AND SHALL NOT TAKE PART IN ANY VOTE WITH RESPECT TO SUCH MATTER. THE MINUTES OF THE MEETING SHALL REFLECT ANY SUCH DISCLOSURE AND ABSTENTION FROM VOTING. IF CONFIDENTIAL INFORMATION WILL BE PRESENTED TO, OR DISCUSSED BY, THE MEMBER OF THE BOARD WITH THE CONFLICT WILL BE EXPECTED TO EXCUSE HIMSELF/HERSELF DURING THAT PORTION OF THE MEETING. 990 Review Process FORM 990, PART VI, LINE 11 A copy of the Form 990 is provided to the Alumni Association's Board of Managers for review. In addition, the 990 has been reviewed by management and the Association's independent accounting firm KPMG. The return is further reviewed and discussed during the Audit Committee session of the Spring Board of Managers meeting. The 990 is filed subsequent to the completion of all levels of review. Disclosure FORM 990, PART VI, LINE 19 THE ASSOCIATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE ASSOCIATION DOES MAKE ITS FORM 990 AND 990-T AVAILABLE TO THE PUBLIC. Other Program Services FORM 990, PART III, OTHER PROGRAM SERVICES ALUMNI RELATIONS - THE ASSOCIATION PROVIDES A BROAD DEPTH OF ALUMNI PROGRAMMING INCLUDING CAREER SERVICES, SPECIALIZED SERVICES FOR ALUMNI INTEREST GROUPS, AND ALUMNI RELATIONS THAT ARE TARGETED TO BUILD A STRONG BOND BETWEEN THE UNIVERSITY OF VIRGINIA AND ITS ALUMNI. Executive Compensation Process FORM 990, PART VI, LINE 15 The Board of the Alumni Association includes an independent Compensation Committee that is charged with the review of the officer's compensation and benefit package. The compensation committee contemporaneously documents the deliberation and decision in minutes before approving the compensation and benefit packages. Management and key official compensation is reviewed by the Association's President. Compensation reviews include the comparison of comparable data from similar organizations, and a compensation consultant is used during the process. JEFFERSON SCHOLARS FOUNDATION 112 Clarke Court Charlottesville VA 22903 311755873 Scholarships VA 501(c)(3) 7 false false false false false false false false false false false false false false false false false false