2024-05-08T10:32:03-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2022-07-01 596211832 UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC UNIV 4078821220 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 RODNEY M GRABOWSKI CEO 4078821220 2024-05-06 1 RODNEY GRABOWSKI 999009999 1 AMY CHAPMAN P00843460 4078021200 2024-05-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RODNEY M GRABOWSKI 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 143042206 0 X WWW.UCFFOUNDATION.ORG X 1968 FL TO ENCOURAGE, STEWARD & CELEBRATE CONTRIBUTIONS FROM ALUMNI & FRIENDS TO SUPPORT UCF. 28 25 0 3637 567913 425827 50003059 67554206 912348 909512 11338271 5350721 11531967 20307933 73785645 94122372 21983328 24811241 0 0 13202902 15445532 67645 167088 6861648 11679540 7283957 46933415 47707818 26852230 46414554 583855216 639424003 180520608 174189011 403334608 465234992 X THE UCF FOUNDATION ENCOURAGES, STEWARDS AND CELEBRATES CHARITABLE CONTRIBUTIONS FROM ALUMNI AND FRIENDS TO SUPPORT UNIVERSITY OF CENTRAL FLORIDA (UCF). 0 0 3325389 3210366 40817 ATHLETICS EXPENSES PAID IN SUPPORT OF THE UCF ATHLETICS PROGRAM PROVIDE STUDENT-ATHLETES WITH A CHAMPIONSHIP-LEVEL EXPERIENCE. THE CHARGEON FUND RAISES FUNDS TO ENSURE UCF'S STUDENT-ATHLETES CONTINUE TO EXCEL IN COMPETITION, IN THE CLASSROOM, AND IN THE COMMUNITY. AS THE KNIGHTS PREPARED FOR THEIR INAUGURAL SEASON IN THE BIG 12 CONFERENCE, AN ANONYMOUS DONOR MADE A GIFT OF $5 MILLION TO UCF ATHLETICS AT THE START OF 2023, HELPING TO ENSURE THAT UCF'S STUDENT-ATHLETES WILL HAVE THE RESOURCES TO UNLEASH THEIR FULL POTENTIAL ON A LARGER NATIONAL SCALE. SINCE JOINING THE BIG 12, DONATIONS HAVE BEEN SETTING RECORDS. FOR FISCAL YEAR 2023, PRIVATE DONATIONS FROM UCF'S MAJOR GIFT-GIVING GROUP WERE UP 44%. UCF STUDENT-ATHLETES HAVE EXTENDED THEIR RECORD-SETTING STREAK IN THE CLASSROOM TO 32 CONSECUTIVE SEMESTERS WITH A DEPARTMENT GRADE-POINT AVERAGE OF 3.0 OR BETTER INCLUDING NINE STRAIGHT SEMESTERS WITH A 3.3 OR HIGHER MARK. THE KNIGHTS COMPILED A COMBINED 3.39 GPA IN THE 2023 FALL SEMESTER, THE SECOND-HIGHEST SEMESTER GPA IN PROGRAM HISTORY. MORE THAN 75% OF STUDENT-ATHLETES POSTED A GPA OF 3.0 OR HIGHER IN THE FALL SEMESTER AND 66 EARNED A 4.0 GPA. 10049808 8423419 273936 ACADEMIC EXPENSES PAID IN SUPPORT OF THE UCF PROGRAMS INCLUDE FUNDING FOR ACADEMIC PROGRAMS, SALARIES FOR UNIVERSITY EMPLOYEES AND FELLOWSHIPS TO REWARD SOME OF UCF'S MOST ACCOMPLISHED AND PROMISING STUDENTS. OUTSTANDING FACULTY INSPIRE STUDENTS, FOSTER AND ENHANCE STRONG ACADEMIC PROGRAMS AND SERVE AS A KEY ELEMENT TO INSTITUTIONAL EXCELLENCE. ENDOWED CHAIRS, EMINENT SCHOLAR POSITIONS AND DISTINGUISHED PROFESSORSHIPS ARE PRESTIGIOUS ACADEMIC POSITIONS HELD BY THE UNIVERSITY'S MOST ESTEEMED FACULTY AND SPENDING TO SUPPORT THESE POSITIONS HELPS THE UNIVERSITY MAINTAIN A HIGH ACADEMIC STANDARD. SPENDING TO SUPPORT RESEARCH PROJECTS AND INNOVATIVE PROGRAMS FURTHER ENRICHES THE UCF LEARNING EXPERIENCE. THE UCF FOUNDATION, INC. CLOSED ITS BOOKS AT THE END OF JUNE 2023 WITH $114,331,578 IN GIFTS AND COMMITMENTS FAR EXCEEDING THE GOAL SET BY UNIVERSITY LEADERS. THIS REPRESENTED THE SUPPORT OF MORE THAN 48,000 DONORS WHO GAVE 225,052 GIFTS. IN ADDITION, THE ENDOWMENT GREW TO $228 MILLION, A $13 MILLION INCREASE OVER FISCAL YEAR 2022. 5057914 4674065 72500 UCF IS DEDICATED TO ENRICHING THE LIVES OF UCF STUDENTS AND SOLICITS DONATIONS TO SUPPORT SCHOLARSHIPS TO BENEFIT THEM. SCHOLARSHIP FUNDS ARE TRANSFERRED TO THE UNIVERSITY FOR ADMINISTRATION AND PROCESSING AND ARE DESIGNED TO REWARD, INSPIRE AND ASSIST STUDENTS IN PURSUING ACADEMIC EXCELLENCE AND HELP ATTRACT A DIVERSE STUDENT BODY. THE FALL 2023 FRESHMAN CLASS HAD AN AVERAGE SAT SCORE OF 1332 AND AN AVERAGE HIGH SCHOOL GPA OF 4.25. IN ADDITION, UCF SET RECORDS FOR DIVERSITY IN FALL 2023 WITH 50.7% MINORITY STUDENTS AND 29.2% HISPANIC STUDENTS. UCF IS THE LARGEST UNIVERSITY BY ENROLLMENT IN FLORIDA WITH 69,320 STUDENTS, INCLUDING 59,548 UNDERGRADUATES, 9,294 GRADUATE STUDENTS AND 478 MD STUDENTS. UCF RANKS SECOND AMONG FLORIDA'S STATE UNIVERSITIES WITH 346 NATIONAL MERIT SCHOLARS ENROLLED AND THE SIX-YEAR GRADUATION RATE IS 75%. $110.7 MILLION WAS AWARDED TO BRIGHT FUTURES STUDENTS IN FISCAL YEAR 2023. SEVENTY-TWO PERCENT OF UNDERGRADUATES RECEIVED FINANCIAL AID, WITH A TOTAL OF $544.7 MILLION AWARDED. SIXTY-EIGHT PERCENT OF FTIC (FIRST TIME IN COLLEGE) STUDENTS AT UCF GRADUATE WITHOUT ANY EDUCATIONAL DEBT; KIPLINGER AND FORBES RANK UCF AMONG THE NATION'S BEST EDUCATION VALUES. 11814831 8503391 522259 OTHER PROGRAM SERVICES DIRECTLY RELATED TO THE FOUNDATION'S MISSION. 11814831 8503391 522259 30247942 1 1 0 1 0 0 1 0 0 1 1 1 0 1 1 1 1 0 0 0 1 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 X 102 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 28 25 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 1 0 AK CA KY MD MA MI MN NH NJ NY OK OR SC UT WI X X RODNEY M GRABOWSKI CEO 4078821220 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 CARRIE DAANEN CHAIR & CHAIR, INVESTMENT COMMITTEE 1.00 0.00 X X 0 0 0 ROSLYN BURTTRAM CO-VICE CHAIR & CHAIR, DONOR ENG. & STEWARDSHIP CM 1.00 0.00 X X 0 0 0 BRIAN BUTLER CO-VICE CHAIR 1.00 0.00 X X 0 0 0 DANA PATTON SECRETARY 1.00 0.00 X X 0 0 0 EVA TUKDARIAN CPA TREASURER & CHAIR, FINANCE & FACILITIES CMTE 1.00 0.00 X X 0 0 0 JOHN EULIANO IMM. PAST CHAIR & CHAIR, GOV. COMM. 1.00 0.00 X X 0 0 0 TANDREIA BELLAMY DIRECTOR 1.00 0.00 X 0 0 0 CLINT BULLOCK DIRECTOR 1.00 0.00 X 0 0 0 CATHY ENGELMAN DIRECTOR 1.00 0.00 X 0 0 0 HEATHER PIGMAN DIRECTOR 1.00 0.00 X 0 0 0 ROGER ZLOTOFF DIRECTOR 1.00 0.00 X 0 0 0 JAMES HARHI DIRECTOR 1.00 0.00 X 0 0 0 STUART HEATON DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL HINN DIRECTOR 1.00 0.00 X 0 0 0 KEVIN MILLER ATTORNEY DIRECTOR 1.00 0.00 X 0 0 0 DIANNE OWEN DIRECTOR 1.00 0.00 X 0 0 0 JOHN BARRY FORBES DIRECTOR 1.00 0.00 X 0 0 0 LAURENCE CHRIS MARLIN DIRECTOR 1.00 0.00 X 0 0 0 THOMAS MCNAMARA DIRECTOR 1.00 0.00 X 0 0 0 MARC MCMURRIN DIRECTOR 1.00 0.00 X 0 0 0 JESSICA BLUME DIRECTOR 1.00 0.00 X 0 0 0 DR GIDEON LEWIS DIRECTOR 1.00 0.00 X 0 0 0 MARK PLAUMANN CHAIR, AUDIT COMMITTEE 1.00 0.00 X 0 0 0 KEVIN WYDRA DIRECTOR 1.00 0.00 X 0 0 0 DR MICHAEL JOHNSON PROVOST, UCF EX-OFFICIO MEMBER 1.00 40.00 X 0 0 0 LINH DANG CHAIR, UCF ALUMNI BOARD EX-OFFICIO MEMBER 1.00 0.00 X 0 0 0 THE HONORABLE JOHN MIKLOS CHAIR, UCF BOARD OF TRUSTEES EX-OFFICIO MEMBER 1.00 0.00 X 0 0 0 RODNEY GRABOWSKI BEG922 CEO & SENIOR VP FOR ADV. & PART. 40.00 0.00 X 0 136223 22262 RACHEL SCHAEFER ASSOCIATE VP & CHIEF OF STAFF 40.00 0.00 X 0 176591 30967 GLEN DAWES CHIEF FINANCIAL OFFICER 40.00 0.00 X 0 214301 45308 KAREN COCHRAN INTERIM CEO (THRU 6/22) 40.00 0.00 X 0 193396 35112 JEFFREY COATES ASSOCIATE VP ADV. COLLEGE & UNITS 40.00 0.00 X 0 165715 23479 MARK WRIGHT ASSC VP, ATHLETICS DEVELOPMENT 40.00 0.00 X 0 277569 53975 CHARLES ROBERTS ASSISTANT VP, COLLEGE OF MEDICINE DEV. 40.00 0.00 X 0 203824 52031 SHANNON DUVALL ASST VP, DEV. COLLEGES & UNITS 40.00 0.00 X 0 192914 26872 HEATHER JUNOD ASSC VP, ALUMNI ENG. & ANNUAL GIVING 40.00 0.00 X 0 172128 42652 BECKY FULLMER ASSC VP, ADVANCEMENT OPERATIONS 40.00 0.00 X 0 180280 26687 0 1912941 359345 28 0 1 0 RED COATS INC PO BOX 79579 BALTIMORE MD 21279 JANITORIAL SERVICES 469633 CBRE INC PO BOX 848844 LOS ANGELES CA 90084 PROPERTY MANAGEMENT 466060 RELIABLE SERVICES GROUP LLC 2651 N DESIGN CT SANFORD FL 32773 HVAC MAINTENANCE 449573 BLACKBAUD INC PO BOX 830413 PHILADELPHIA PA 19182 SOFTWARE SUPPORT & SERVICES 404017 CBRE TECHNICAL SERVICES LLC PO BOX 848074 LOS ANGELES CA 90084 PROPERTY MANAGEMENT 264521 16 82120 12564491 54907595 1255597 67554206 PROGRAM REVENUES 611710 909512 909512 909512 1567773 538045 1029728 141684 141684 32079061 11954053 20125008 20125008 20125008 40509648 36726700 3782948 3782948 3782948 78849 82120 87038 -8189 -8189 166856 152043 14813 14813 MISCELLANEOUS REVENUE 900099 19562 19562 ADVERTISING REVENUE 541800 15055 15055 34617 94122372 909512 567913 25090741 24811241 24811241 1258864 725781 533083 10440976 4260128 3156711 3024137 982089 87168 406403 488518 2013381 178703 833168 1001510 750222 66588 310453 373181 133725 133725 75076 75076 167088 167088 991512 991512 2096439 101763 1501740 492936 404576 202234 100685 101657 363555 232209 63495 67851 1678469 66086 1465663 146720 15733 15733 209500 14132 168217 27151 328133 187 136155 191791 90952 1533 89419 RENTAL, FURNITURE, EQUI 279077 -59226 132716 205587 SPONSORSHIP/MEMBERSHIPS 192403 57491 122806 12106 424807 211972 184503 28332 47707818 30247942 10598228 6861648 600 600 18719649 22933762 24355782 45005883 9914885 11896547 1156257 935673 166898112 40938703 127731975 125959409 21670628 22740150 264798778 302316884 115506662 107635095 583855216 639424003 1759366 8613948 21824 551325 64320000 59820000 114419418 105203738 180520608 174189011 X 189017143 243089209 63411978 66139409 150905487 156006374 403334608 465234992 583855216 639424003 46414554 15485830 0 X 0 1 X 1 0 X 41905820 32949173 74281753 50003059 67554206 266694011 41905820 32949173 74281753 50003059 67554206 266694011 266694011 13459049 19502691 16968158 24202910 33250473 107383281 51925 26339 33599 74375 661975 848213 83505 251816 6102 19562 360985 375286490 5718004 0.71060 0.74230 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2018 AMOUNT: $ 83,505. 2019 AMOUNT: $ 251,816. 2020 AMOUNT: $ 6,102. 2022 AMOUNT: $ 19,562. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 PART II-B, LINE 1: THE FOUNDATION PROVIDES FUNDING FOR GOVERNMENTAL RELATIONS ON BEHALF OF THE UNIVERSITY. THE GOVERNMENT RELATIONS INCLUDE CULTIVATING, MAINTAINING, AND ENHANCING THE LINK BETWEEN UCF AND THE VARIOUS PUBLICS IT SERVES AND TO CREATE AND IMPLEMENT COMMUNITY-BASED PROGRAMS. THIS IS TO INCREASE KNOWLEDGE AND UNDERSTANDING OF THE UNIVERSITY WITHIN KEY EXTERNAL COMMUNITIES. THERE ARE NO DIRECT LOBBYING EXPENSES INCURRED BY THE FOUNDATION. ALL AMOUNTS THAT MAY BE RELATED TO LOBBYING WERE INCURRED DIRECTLY BY GOVERNMENT RELATIONS AT THE UNIVERSITY AND SUBSEQUENTLY REIMBURSED BY THE FOUNDATION. IN FY23, THE REIMBURSEMENT MADE BY THE FOUNDATION RELATED TO POTENTIAL LOBBYING AMOUNTED TO $235,430. X 1 0.25 0 0 1 0 1.00 0 215160857 5674880 20362635 2280201 5797543 4600000 228520628 201082148 45320480 -21488290 2139285 3143242 4470954 215160857 162921611 3593722 44565300 1992045 3959396 4047044 201082148 164776217 4839565 2134076 1856633 4460230 2511384 162921611 163512131 3103705 7946303 1851418 4418779 3515725 164776217 0.19000 0.81000 0.00000 0 0 63804431 63804431 99176359 38831906 60344453 3917322 2106797 1810525 125959409 SSGA RUSSELL 1000 (R) INDX NL CTF 67552473 F GLOBAL ALPHA INTL SMALL CAP FUND LP 4561196 F SSGA MSCI ACWI IMI INDEX NL CTF 16237805 F ACADIAN ALL COUNTRY WORLD EX US FUND 20794812 F WTC-CTF INTERNATIONAL OPPS 20845354 F NHIT: CORE DISCIPLINED ALPHA TRUST 90925819 F LOOMIS NHIT: CREDIT ASSET TRUST CL B 13758102 F HEDGE FUNDS 11966269 F PRIVATE EQUITY 21211889 F PRIVATE DEBT 12488340 F REAL ASSETS 9892216 F REAL ESTATE 12082609 F 302316884 OTHER NON-CURRENT ASSETS 204768 LEASE RECEIVABLE 106116041 LOANS AND NOTES RECEIVABLE 1314286 107635095 TENANT SECURITY & KEY DEPOSIT 35668 ANNUITY PAYMENT LIABILITY 268040 DEFERRED LEASE INFLOWS 104900030 105203738 X 120775044 15485830 12193134 27678964 93096080 991512 34780 1026292 94122372 58874660 12193134 12193134 46681526 991512 34780 1026292 47707818 PART II, LINE 9: THE FOUNDATION HAS ONE CONSERVATION EASEMENT (50 FOOT CONSERVATION EASEMENT FOR DRAINAGE ALONG THE EASTERLY BOUNDARY OF THE PROPERTY), WHICH WAS INCLUDED IN THE VALUE OF THE LAND ON THE FOUNDATION'S BALANCE SHEET. PART V, LINE 4: THE FOUNDATION AUTHORIZES SPENDING FROM ITS ENDOWMENT TO SUPPORT THE UNIVERSITY'S STUDENT SCHOLARSHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, AND ACADEMIC PROGRAMS. PART X, LINE 2: THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF ITS TAX POSITION IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED AGAINST RENTAL REVENUE 11,954,053. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 87,038. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 152,043. PART XI, LINE 4B - OTHER ADJUSTMENTS: VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 34,780. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED AGAINST RENTAL REVENUE 11,954,053. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 87,038. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 152,043. PART XII, LINE 4B - OTHER ADJUSTMENTS: VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 34,780. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 2116013 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS N/A 486957 MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENTS N/A 487618 NORTH AMERICA 0 0 INVESTMENTS N/A 239182 0 0 0 0 0 0 3329770 0 3329770 1 0 0 0 1 0 PART III ACCOUNTING METHOD: X X X X X X X 1 SWISH LLC 607 PINAR DRIVE ORLANDO FL 32825 PROFESSIONAL SERVICES 0 0 67523 0 GENEROUS CHANGE LLC 2559 ALABAMA STREET LAWRENCE KS 66046 PROFESSIONAL SERVICES 0 0 37000 0 MARKETING COMMUNICATION RESOURCE INC 4800 EAST 345TH STREET WILLOUGHBY OH 44094 PROFESSIONAL SERVICES 0 0 19175 0 MONGOOSE RESEARCH INC 6506 EAST QUAKER STREET SUITE 202 ORCHARD PARK FL 14127 PROFESSIONAL SERVICES 0 0 18900 0 DIRECT ONE INC 7213 SANDSCOVE COURT SUITE 1 WINTER PARK FL 32792 PROFESSIONAL SERVICES 0 0 12137 0 SPECTRAGRAPHIC NEW ENGLAND INC 407 R MYSTIC AVE SUITE 36 C MEDFORD MA 02155 PROFESSIONAL SERVICES 0 0 5903 0 LAURA COLE 240 NW 117TH AVE APT 302 PORTLAND OR 97229 PROFESSIONAL SERVICES 0 0 5150 0 165788 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS MO NH NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI NV NJ LA VARSITY KNIGHTS 83331 32095 51236 FOOTBALL KICKOFF LUNCHEON 62965 46150 16815 26957 6127 30621 3060 2 14673 3875 10798 107 11839 7855 150 322 160969 82120 78849 107 38796 13982 30771 3382 87038 -8189 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE FOUNDATION USED FUNDRAISERS FOR THE CURRENT TAX YEAR. THERE WERE NO GROSS RECEIPTS GENERATED FROM THESE VENDORS SINCE THE VENDORS ARE PROVIDING CONSULTING SERVICES TO THE FOUNDATION'S DEVELOPMENT OFFICE REGARDING SOLICITATION STRATEGIES AND TECHNOLOGY ENHANCEMENTS. PART I, LINE 2: 0 UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 592924021 115(1) 20171606 0 N/A N/A FUNDING FOR PROGRAMS AND SCHOLARSHIPS UCF STADIUM CORPORATION PO BOX 163555 ORLANDO FL 32826 203794571 501(C)(3) 254196 0 N/A N/A ATHLETICS STADIUM SUPPORT UCF ATHLETICS ASSOCIATION INC PO BOX 163555 ORLANDO FL 32826 592334448 501(C)(3) 3210366 0 N/A N/A ATHLETIC SCHOLARSHIP AND PROGRAM SUPPORT UNIVERSITY OF CENTRAL FLORIDA RESEARCH FOUNDATION 12201 RESEARCH PARKWAY ORLANDO FL 32826 593086453 501(C)(3) 918671 0 N/A N/A RESEARCH ACTIVITY UCF LIMBITLESS SOLUTIONS 12424 RESEARCH PARKWAY SUITE 300 ORLANDO FL 32826 471944657 501(C)(3) 256402 0 N/A N/A RESEARCH & DEVELOPMENT 5 0 PART I, LINE 2: THE FOUNDATION MAINTAINS THE APPROVED EXPENDITURE REQUEST WHICH SUBSTANTIATE THE GRANT AMOUNTS PROVIDED TO THE RECIPIENTS. THE FOUNDATION MAINTAINS DONOR INFORMATION, RELATED CONTRIBUTION DOCUMENTATION, AND ANY DONOR RESTRICTIONS OUTLINED BY THE DONOR INCLUDING SCHOLARSHIP CRITERIA. THE GRANTS ARE MADE TO THE UNIVERSITY OR UNIVERSITY AFFILIATED ENTITIES AND THE FOUNDATION RELIES ON THE POLICIES, PROCEDURES, AND CONTROLS ESTABLISHED BY THESE ENTITIES FOR EXPENDITURE TRACKING AND PROPER ADMINISTRATION OF THE GRANTS FOR SCHOLARSHIP AWARDS. X X 1 1 X 1 0 0 0 0 0 0 0 0 MARK WRIGHT ASSC VP, ATHLETICS DEVELOPMENT 0 202431 0 73100 0 2038 0 24383 0 29592 0 331544 0 0 GLEN DAWES CHIEF FINANCIAL OFFICER 0 212801 0 1500 0 0 0 21982 0 23326 0 259609 0 0 CHARLES ROBERTS ASSISTANT VP, COLLEGE OF MEDICINE DE 0 201752 0 1500 0 572 0 24448 0 27583 0 255855 0 0 KAREN COCHRAN INTERIM CEO (THRU 6/22) 0 119171 0 1250 0 72975 0 18620 0 16492 0 228508 0 0 SHANNON DUVALL ASST VP, DEV. COLLEGES & UNITS 0 173747 0 1750 0 17417 0 16416 0 10456 0 219786 0 0 HEATHER JUNOD ASSC VP, ALUMNI ENG. & ANNUAL GIVING 0 170090 0 1500 0 538 0 18923 0 23729 0 214780 0 0 RACHEL SCHAEFER ASSOCIATE VP & CHIEF OF STAFF 0 169732 0 6500 0 359 0 19205 0 11762 0 207558 0 0 BECKY FULLMER ASSC VP, ADVANCEMENT OPERATIONS 0 178171 0 1750 0 359 0 16763 0 9924 0 206967 0 0 JEFFREY COATES ASSOCIATE VP ADV. COLLEGE & UNITS 0 105596 0 1500 0 58619 0 17731 0 5748 0 189194 0 0 RODNEY GRABOWSKI BEG922 CEO & SENIOR VP FOR ADV. & PART. 0 133187 0 2250 0 786 0 12615 0 9647 0 158485 0 0 PART I, LINE 1A 1. TAX INDEMNIFICATION AND GROSS UP PAYMENTS - FOR VARIOUS UNIVERSITY EMPLOYEES, THE FOUNDATION MADE SUPPLEMENT PAYMENTS CALCULATED ANNUALLY WHICH INCLUDED GROSSED-UP AMOUNTS FOR TAX PURPOSES PER UNIVERSITY POLICY. THE TOTAL GROSSED-UP AMOUNTS WERE INCLUDED IN THE EMPLOYEES' REPORTABLE TAXABLE COMPENSATION. TOTAL GROSSED-UP AMOUNTS IS $53,786. 2. HEALTH OR SOCIAL CLUB DUES - THE FOUNDATION PROVIDES CERTAIN SOCIAL CLUB MEMBERSHIPS FOR FUNDRAISING, DONOR CULTIVATION, OR OTHER BUSINESS PURPOSES. THE PERSONAL PORTION OF THE MEMBERSHIPS IS INCLUDED IN THE INDIVIDUALS' TAXABLE COMPENSATION. TOTAL CLUB DUES PAID WERE $2,489. PART II A. THE ASSOCIATE VP - ATHLETICS DEVELOPMENT, RECEIVED AN INCENTIVE BONUS PAY IN CALENDAR YEAR 2022. B. THE INTERIM CEO AND THE ASSOCIATE VP - ADV. COLLEGE & UNITS BOTH RECEIVED LEAVE PAYOUT, WHICH WAS INCLUDED IN THE OTHER REPORTABLE INCOME. A UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC 596211832 2018-12-11 6000000 FUND PURCHASE OF DLC BUILDING 0 0 0 B UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC 596211832 2017-05-12 7535000 REFUND PRIOR ISSUE 2008 0 0 0 A 951000 5939484 60516 5939484 0 0 1 1 B 3392000 7535000 7535000 1 0 1 1 A 0 1 0 1 1 0 0 0 B 0 1 0 1 1 0.00930 0.00930 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 B 1 X 0 X 0 X 30661 1255597 PUBLISHED MKT VALUE X 1 0 X 2 0 X EQUIPMENT 9 0 X MISCELLANEOUS 2 0 0 0 1 1 PART I, LINE 30B: LINE 4, 5, 18, 19, 25, & 26 THE FOUNDATION RECEIVED SEVERAL DONOR GIFT IN-KIND CONTRIBUTIONS DURING THE YEAR INCLUDING EQUIPMENT, BOOKS AND OTHER PROGRAM RELATED GIFTS IN-KIND. THESE GIFTS IN-KIND PASSED THROUGH THE FOUNDATION TO THE UNIVERSITY AND ARE NOT INCLUDED IN THE FOUNDATION'S REVENUE BECAUSE THE FOUNDATION ONLY SERVES AS AN AGENT FOR THE UNIVERSITY. PART I, LINE 32B: THE FOUNDATION INSTRUCTS US BANK, AS CUSTODIAN OF ITS INVESTMENTS, TO SELL ANY STOCK GIFTS RECEIVED BY THE FOUNDATION. STOCKS ARE VALUED AT THE AVERAGE OF THE HIGH AND LOW MARKET PRICE ON THE DAY OF RECEIPT. SCHEDULE M PART I COLUMN B THE ORGANIZATION REPORTS IN PART I COLUMN B THE NUMBER OF ITEMS RECEIVED. FORM 990, PART V, LINE 2A NUMBER OF EMPLOYEES REPORTED ON FORM W3: ALL EMPLOYEES ARE UNIVERSITY OF CENTRAL FLORIDA EMPLOYEES; THEREFORE, THE UNIVERSITY OF CENTRAL FLORIDA ADMINISTERS THE EMPLOYEE COMPENSATION AND HUMAN RESOURCE PROCESS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS AUTHORIZED AND EMPOWERED TO ACT FOR, IN THE NAME OF AND ON BEHALF OF THE UCF FOUNDATION BOARD AT ALL TIMES WHEN THE BOARD IS NOT MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FOLLOWING IS THE REVIEW AND DISTRIBUTION PROCESS FOR THE FOUNDATION'S ANNUAL FORM 990: THIS PROCESS SHALL BE FOLLOWED EACH YEAR PRIOR TO FILING THESE DOCUMENTS WITH THE IRS. 1. THE CFO AND CEO SHALL REVIEW BOTH THE FORM 990 AND THE FORM 990-T AND RESOLVE ANY OUTSTANDING ISSUES OR QUESTIONS WITH THE INDEPENDENT ACCOUNTING FIRM REVIEWING OR PREPARING THE FORMS BEFORE DISTRIBUTION TO THE AUDIT COMMITTEE OR THE BOARD. IT IS THE CFO'S AND CEO'S RESPONSIBILITY TO CONFIRM THAT THESE FORMS DO NOT CONTAIN ANY UNTRUE STATEMENTS OR OMIT ANY MATERIAL FACTS AS WELL AS ENSURE THE FINANCIAL INFORMATION FAIRLY REPRESENTS THE FOUNDATION'S FINANCIAL CONDITION FOR THE PERIOD BEING REPORTED. 2. THE AUDIT COMMITTEE SHALL REVIEW THE DRAFT FORM 990 PRIOR TO FILING WITH THE IRS AND SHALL DOCUMENT THEIR DISCUSSION AND REVIEW OF THE DOCUMENTS IN THE COMMITTEE MEETING MINUTES. FINAL REVIEW OF THE FORM 990 IS SPECIFICALLY DELEGATED TO THE AUDIT COMMITTEE AND NO FURTHER REVIEW SHALL BE REQUIRED BEFORE SUCH FORMS ARE FILED WITH THE IRS. THE DRAFT FORM 990 SHALL BE PROVIDED TO EACH VOTING BOARD MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. DISTRIBUTION MAY BE IN THE FORM OF ELECTRONIC MAIL, NOTIFICATION LINK TO AN ELECTRONIC WEBSITE, OR ACTUAL MAILING OF THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND KEY EMPLOYEES SHALL BE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE FORM. THIS ANNUAL DISCLOSURE FORM WILL REQUEST SPECIFIC INFORMATION REGARDING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE FOUNDATION AND WHETHER PROCESS FOR APPROVAL SET FORTH IN THIS POLICY WAS USED. AN INTERESTED PERSON WHO HAS OR LEARNS ABOUT A POTENTIAL CONFLICT SHOULD DISCLOSE PROMPTLY TO THE CHAIR OF THE BOARD DUE DILIGENCE COMMITTEE AND THE FOUNDATION'S CFO THE MATERIAL FACTS SURROUNDING ANY POTENTIAL CONFLICT OF INTEREST, INCLUDING SPECIFIC INFORMATION CONCERNING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE FOUNDATION. ALL EFFORTS SHOULD BE MADE TO DISCLOSE ANY SUCH CONTRACT OR TRANSACTION AND HAVE IT APPROVED BY THE COMMITTEE BEFORE THE ARRANGEMENT IS ENTERED INTO. FOLLOWING RECEIPT OF INFORMATION CONCERNING A CONTRACT OR TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST. THE BOARD DUE DILIGENCE COMMITTEE SHALL CONSIDER THE MATERIAL FACTS CONCERNING THE PROPOSED CONTRACT OR TRANSACTION, INCLUDING THE PROCESS BY WHICH THE DECISION WAS MADE TO RECOMMEND ENTERING INTO THE ARRANGEMENT ON THE TERMS PROPOSED. THE COMMITTEE SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE TO THE FOUNDATION AND THE ARRANGEMENT IS CONSISTENT WITH THE BEST INTEREST OF THE FOUNDATION. FAIRNESS INCLUDES, BUT IS NOT LIMITED TO, THE CONCEPTS THAT THE FOUNDATION SHOULD PAY NO MORE THAN FAIR MARKET VALUE FOR ANY GOODS OR SERVICES WHICH THE FOUNDATION RECEIVES AND THAT THE FOUNDATION SHOULD RECEIVE FAIR MARKET VALUE CONSIDERATION FOR ANY GOODS OR SERVICES THAT IT FURNISHES OTHERS. WHEN AN INTERESTED PERSON BECOMES AWARE OF A PROPOSED CONFLICT OF INTEREST TRANSACTION, HE OR SHE WILL HAVE A DUTY TO TAKE THE FOLLOWING ACTIONS: (A) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF SUCH CONFLICT OF INTEREST TRANSACTION TO THE CHAIR OF THE DUE DILIGENCE COMMITTEE AND TO THE FOUNDATION'S CFO; (B) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE FOUNDATION TO ENTER INTO THE CONFLICT OF INTEREST TRANSACTION; (C) AND PHYSICALLY RECUSE THEMSELVES FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE CONFLICT OF INTEREST TRANSACTION WITH OFFICIALS OF THE FOUNDATION, AT MEETINGS OF THE BOARD OF DIRECTORS, AND WITH OTHER MEMBERS OF THE FOUNDATION COMMUNITY, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION ABOUT THE CONFLICT OF INTEREST TRANSACTION. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF THE VOTE ON THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15B THE UNIVERSITY HUMAN RESOURCES DEPARTMENT REVIEWS COMPARABLE SALARY DATA. MARKET DATA FROM SALARY SURVEY SOURCES IS USED TO ASSIGN AN ACCURATE VALUE TO THE POSITION IN THE EXTERNAL LABOR MARKET. SURVEY MATCHES ARE BASED ON THE PRIMARY DUTIES OF THE POSITION. THE SURVEY DATA PROVIDES SALARY AND DEMOGRAPHIC DATA FOR SELECTED POSITIONS NATIONWIDE AND IS REPORTED IN A STATISTICAL FORMAT INDICATING THE AVERAGE AND MEDIAN SALARIES AND ADDITIONAL PERCENTILES (I.E. 25TH, 75TH). THE UNIVERSITY HR DEPARTMENT REVIEWS COMPARABLE SURVEY DATA WHEN AN EMPLOYEE IS HIRED OR PROMOTED. THE EXECUTIVE COMMITTEE CONSISTS OF THE FOLLOWING: THE CHAIR, VICE CHAIRS, SECRETARY, TREASURER, IMMEDIATE PAST CHAIR, UNIVERSITY PRESIDENT, CHAIR OF THE BOARD OF TRUSTEES, CHAIR OF THE UCF ALUMNI BOARD OF DIRECTORS, CHAIR OF ALL OTHER STANDING COMMITTEES OF THE UCF FOUNDATION BOARD. THE UCF FOUNDATION BOARD AND ITS COMMITTEES ADHERE TO ROBERT'S RULES AND ALL DELIBERATIONS OCCUR WITHIN PUBLICLY NOTICED MEETINGS IN ACCORDANCE WITH FLORIDA SUNSHINE LAW. ANY OFFICIAL ACTION MUST BE APPROVED BY A VOICE VOTE. PROXIES OR WRITTEN VOTES ARE NOT PERMITTED. WE CAPTURE FULL MEETING MEETINGS, INCLUDING ACTIONS, IN WRITING. THESE MINUTES ARE STORED WITHIN OUR ELECTRONIC RECORDS UPON THE RESPECTIVE COMMITTEE'S APPROVAL VIA AN OFFICIAL ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, 990 TAX DOCUMENTS, AND FINANCIAL STATEMENTS ARE PUBLISHED ON THE FOUNDATION'S WEBSITE OR ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). UNIVERSITY OF CENTRAL FLORIDA REAL ESTATE FOUNDATION 12424 RESEARCH PRKY STE 140 ORLANDO FL 32826 596211832 REAL ESTATE FL 0 81321080 N/A KNIGHTS KROSSING STUDENT HOUSING LLC 12424 RESEARCH PRKY STE 140 ORLANDO FL 32826 596211832 REAL ESTATE FL 0 9733000 N/A UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 592924021 EDUCATION FL 115(1) N/A N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 UNIVERSITY OF CENTRAL FLORIDA B 20171606 CASH PAID UNIVERSITY OF CENTRAL FLORIDA K 15077704 CASH PAID UNIVERSITY OF CENTRAL FLORIDA S 11592709 FMV UNIVERSITY OF CENTRAL FLORIDA R 3741066 FMV