2011-02-15T11:10:31-06:00 2010-06-30 Mitchell Wiggins & Company LLP 1802 Bayberry Court Suite 300 Richmond VA 23226 990 2009-07-01 541808901 VIRGINIA COMMONWEALTH UNIVERSITY SCHOOL OF ENGINEERING FOUNDATION VIRG 8048280711 601 West Main Street RICHMOND VA 232843068 William M Bulbrook 8048280711 2011-02-11 1 M James Hartson Jr CPA 8042826000 2009 2016-02-24 21:20:13Z X William M Bulbrook 601 West Main Street richmond VA 232843068 6305101 0 X WWW.VCUrealestate.ORG X 1995 VA TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VCU. 35 35 0 0 0 -79282 4731909 3086912 0 -2051671 37085 801754 825279 3481992 3949276 4092639 3112082 0 0 0 0 3088210 2951211 7180849 6063293 -3698857 -2114017 134088531 129765319 109358789 106895870 24729742 22869449 TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VIRGINIA COMMONWEALTH UNIVERSITY. 0 0 6063293 4878 SUPPORT VIRGINIA COMMONWEALTH UNIVERSITY THROUGH THE MANAGEMENT OF THE SCHOOL OF ENGINEERING PROPERTY AND FUNDS. 6063293 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 35 35 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X ORGANIZATION 8048280711 601 West Main Street RICHMOND VA 232843068 X JOHN SHERMAN JR 1.00 X 0 0 0 WILLIAM H GOODWIN JR 1.00 X X 0 0 0 BRUCE C GOTTWALD 1.00 X X 0 0 0 PAUL F ROCHELEAU 1.00 X 0 0 0 WAYNE L HUNTER 1.00 X X 0 0 0 HONORABLE GEORGE ALLEN 1.00 X 0 0 0 EDWARD H BERSOFF 1.00 X 0 0 0 JAMES C CHERRY 1.00 X 0 0 0 BRADFORD A CROSBY 1.00 X X 0 0 0 MARQUERITE DAVIS 1.00 X 0 0 0 CLIFFORD A CUTCHINS IV 1.00 X 0 0 0 THOMAS D EILERSON 1.00 X 0 0 0 JOSEPH C FARRELL 1.00 X 0 0 0 THOMAS F FARRELL II 1.00 X 0 0 0 C T HILL 1.00 X 0 0 0 ARTHUR D HURTADO 1.00 X X 0 0 0 CHARLES H NEAL 1.00 X 0 0 0 JOHN A LUKE JR 1.00 X 0 0 0 WAYNE K NESBIT 1.00 X 0 0 0 RICHARD E POSEY 1.00 X 0 0 0 E BRYSON POWELL 1.00 X 0 0 0 HONORABLE ANNE G RHODES 1.00 X 0 0 0 ROBERT E RIGSBY 1.00 X 0 0 0 WALTER S ROBERTSON III 1.00 X 0 0 0 HUGH A JOYCE 1.00 X 0 0 0 THOMAS J SEIFERT 1.00 X 0 0 0 RICHARD L SHARP 1.00 X 0 0 0 KIRK E SPITZER 1.00 X 0 0 0 MARK A STERNHEIMER SR 1.00 X 0 0 0 JAMES E UKROP 1.00 X 0 0 0 CHARLES A WILLIAMSON 1.00 X 0 0 0 ROBERT W WOLTZ JR 1.00 X 0 0 0 C KENNETH WRIGHT 1.00 X 0 0 0 Christopher R Jones 1.00 X 0 0 0 Gary Ruth 1.00 X 0 0 0 0 0 0 0 0 0 0 0 3086912 4450 3086912 37085 37085 3176226 2355825 820401 820401 820401 Miscellaneous 900099 4878 4878 4878 3949276 4878 0 857486 3112082 3112082 21375 21375 1890 1890 82673 82673 8205 8205 7022 7022 2658915 2658915 lifE INSURANCE EXPENSE 165770 165770 other EXPENSES 5361 5361 6063293 6063293 0 0 1753145 1389363 16698689 4357267 3865555 2127370 102709 72110341 13951463 60456319 58158878 50445188 62817210 869635 812522 134088531 129765319 73272843 72244567 36085934 34651303 12 0 109358789 106895870 X 12284697 9403328 1374649 1116794 11070396 12349327 24729742 22869449 134088531 129765319 X 0 1 1 X 0 X 13234436 8106779 8216889 4731909 3086912 37376925 13234436 8106779 8216889 4731909 3086912 37376925 15411238 21965687 3972637 1495319 2797220 3156396 3176226 14597798 774 4878 5652 51980375 0.42260 0.49020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11872986 1278931 163437 412659 12902695 13290310 762703 -2124152 54675 1200 11872986 1.00000 0 0 3112659 3112659 68997682 13951463 55046219 58158878 cASH SURRENDER VALUE OF LIFE INSURANCE 1511010 F barlow partners fundamental managers lp fund 9900032 F private advisors stable value fund 9508748 F private advisors small company fund 1144947 F private advisors hedged equity fund 4780266 F blueridge offshore lp fund 13676210 F tiger global ltd fund 14791772 F valiant capital partners fund 7504225 F 62817210 3949276 6063293 -2114017 2065981 -1812257 253724 -1860293 8371082 2065981 2355825 4421806 3949276 0 3949276 8419118 2355825 2355825 6063293 0 6063293 Part V, Line 4: Description of Intended Use of Endowment Funds: THE VARIOUS ENDOWMENTS WERE ESTABLISHED TO SUPPORT THE FOUNDATION AND ITS MISSION. Part X: Description of Uncertain Tax Positions Under FIN 48: Effective July 1, 2009, the Foundation adopted the accounting standard regarding "Accounting for Uncertain Tax Positions". This standard provides detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in the Foundation's financial statements. It requires an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position will not be sustained upon examination. The adoption of this standard had no material effect on the Foundation's financial position, results of operations, or cash flow. The tax years of 2006 to 2009 remain subject to examination by the taxing authorities. The Foundation includes penalties and interest assessed by income taxing authorities in operating expenses. The Organization did not have penalties and interest expenses for the years ended June 30, 2010. 0 virginia commonwealth university 912 w franklin street post office box 843035 richmond VA 232843035 546001758 115 1390324 1721758 Present value adjustment for accrued contribution to VCU for future rent Assistance is provided in order to support the educational, scientific and charitable activities of virginia commonwealth university. 1 X 2 4450 QUOTED MARKET VALUE 0 1 0 Form 990, Part VI, Section B, line 11 None. Form 990, Part VI, Section C, line 19 The Organization posts its current Audited Financial Statement and form 990 on its web site, each year. It is the policy of the Organization to make available copies of financial statements, governing documents and confict of interest information and other documents to the public. Form 990 Part XI - Line 2(C) The Organization has a formal finance committee that maintains this oversight responsibility.