2011-11-09T14:52:47-06:00 2010-12-31 CLIFTON GUNDERSON LLP P O BOX 1347 RACINE WI 534011347 990 2010-01-01 391522072 UNIVERSITY OF WISCONSIN PARKSIDE BENEVOLENT FOUNDATION INC UNIV 2625952345 PO BOX 2000 KENOSHA WI 53141 CHRISTIAN A LIE 2625952345 2011-11-03 1 JOHN D KARLS CPA 2626379351 2010 2016-03-07 17:11:31Z CHRISTIAN A LIE PO BOX 2000 KENOSHA WI 53141 3632622 0 X N/A X 1985 WI PROVIDE SCHOLARSHIPS/GRANTS/AWARDS 25 25 0 24 0 0 444773 551536 0 0 128723 332807 -4469 2124 569027 886467 221677 233942 0 0 0 0 0 0 55251 3346316 563048 3567993 796990 -2998966 89477 3790116 3875457 269442 312563 3520674 3562894 PROVIDE SCHOLARSHIPS/GRANTS/AWARDS 0 0 683028 233942 TO COLLECT AND RECEIVE GIFTS AND BEQUESTS, AND TO HOLD, ADMINISTER, USE OR DISTRIBUTE THESE GIFTS AND BEQUESTS FOR THE BENEFIT OF UW-PARKSIDE AND ITS STUDENTS IN THE ADVANCEMENT OF THE UNIVERSITY'S SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES. 683028 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 WI X CATHERINE JAMESON 2625952006 PO BOX 2000 KENOSHA WI 53141 X HOWARD OLSON 1.00 X 0 0 0 JOAN WILK 1.00 X X 0 0 0 JOANN DREWEK MURTHA 1.00 X 0 0 0 GARY MEIER 1.00 X X 0 0 0 ROGER CARON 1.00 X 0 0 0 ROBERT TOEPPE 1.00 X 0 0 0 PETER BARCA 1.00 X 0 0 0 RAYMOND J CAMOSY 1.00 X 0 0 0 ELYNOR CHEMEROW 1.00 X 0 0 0 NEIL F GUTTORMSEN 1.00 X 0 0 0 MICHAEL HAUBRICH 1.00 X X 0 0 0 JOHN KNUTESON 1.00 X 0 0 0 MICHAEL PHEGLEY 1.00 X 0 0 0 TIMOTHY MAHONE 1.00 X 0 0 0 DEBORAH FORD 1.00 X 0 0 0 SARA NEUBAUER 1.00 X 0 0 0 RITA PETRETTI 1.00 X 0 0 0 VINCENT RUFFOLO 1.00 X 0 0 0 JAMES D SPIELMANN 1.00 X 0 0 0 GEORGE STINSON 1.00 X 0 0 0 CARMELO TENUTA 1.00 X 0 0 0 CHRISTIAN A LIE 1.00 X X 0 0 0 WILLIAM ALTHAUS 1.00 X 0 0 0 GARY GROENKE 1.00 X 0 0 0 SCOTT LARSEN 1.00 X 0 0 0 0 0 0 0 0 0 0 0 43183 508353 551536 99138 99138 2956586 2722917 233669 233669 233669 23044 43183 23238 -194 -194 MISC INCOME 900099 2318 2318 2318 886467 2318 0 332613 233942 233942 16600 16600 60613 31853 28760 1762 1762 6405 6405 1902 1902 CAMPUS IMPROVEMENTS 402925 402925 BANK FEES AND RELATED C 22931 22931 DEVELOPMENT EXPENSE 15409 15409 SPECIAL EVENTS 11082 11082 BAD DEBTS 9250 9250 14169 7575 6594 796990 683028 58711 55251 99139 153774 573972 579905 5700 5700 3064653 3086166 46652 49912 3790116 3875457 129064 172185 140378 140378 269442 312563 X -198285 -112932 1921313 1800832 1797646 1874994 3520674 3562894 3790116 3875457 X 89477 -47257 X X 0 1 1 X 0 X 4160460 960098 175493 444773 551536 6292360 4160460 960098 175493 444773 551536 6292360 6292360 202971 249117 159116 99884 99138 810226 7102586 0.88590 0.87380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1992310 77348 183218 59677 0 0 2193199 1877968 35065 222551 143274 0 0 1992310 1730220 64216 243666 160134 1877968 0.00000 0.85490 0.14510 0 0 0 886467 796990 89477 -47257 -47257 42220 862448 -47257 23238 -24019 886467 0 886467 820228 23238 23238 796990 0 796990 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AS PROVIDED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION, HAVING QUALIFIED FOR EXEMPTION UNDER PROVISIONS OF THE INTERNAL REVENUE CODE, IS ALSO EXEMPT FROM STATE INCOME TAXES. THE FOUNDATION ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS ON JANUARY 1, 2009. THE FOUNDATION DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS A RESULT OF IMPLEMENTING THE NEW REQUIREMENTS. THE FEDERAL TAX RETURNS OF THE FOUNDATION FOR 2007, 2008, 2009 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 23,238. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 23,238. ITALIAN CELEBRATION 51541 38068 13473 42 14950 GOLF OUTING 7566 400 7166 0 3 7120 4715 2405 8246 66227 43183 23044 42 23196 23238 -194 1 SCHOLARSHIPS TO STUDENTS 116 233942 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT FUNDS ARE USED FOR SCHOLARSHIPS TO PAY FOR THE STUDENTS' TUITION, BOOKS AND OTHER RELATED EXPENSES INCIDENT TO ENROLLMENT. THE STUDENT'S ENROLLMENT STATUS IS MONITORED BY UNIVERSITY SYSTEMS AND PERSONNEL. IF THE STUDENT CANCELS ENROLLMENT BEFORE THE APPLICATION TERM STARTS, THE GRANT IS RESCINDED. FUNDING CHANGES REGARDING CANCELLATION DURING A TERM ARE DETERMINED BY THE CANCELLATION DATE AND THE GRANT SPECIFICATIONS. FORM 990, PART VI, SECTION B, LINE 11 WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE AFFAIRS OF THE CORPORATION. (ARTICLE IX OF THE BYLAWS). THE EXECUTIVE AND THE FINANCE COMMITTEES REVIEW AND APPROVE THE FORM AND REPORT THAT APPROVAL TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD PRESIDENT REVIEWS THE FORM PERIODICALLY WITH THE EXECUTIVE COMMITTEE AND THEN COLLECTS THE FORM ANNUALLY FROM EACH BOARD DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -47,257. FORM 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.