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KANSAS UNIVERSITY ENDOWMENT ASSOC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
KANSAS UNIVERSITY ENDOWMENT ASSOC (EIN 48-0547734)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-13
IRS object ID
202501339349304880
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-13T12:11:54+00:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN346565596PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Ernst and Young US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1155 N Wacker DriveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN480547734EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Kansas University Endowment AssociationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKANSBusinessNameControlTxt
Phone7858327400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 928AddressLine1Txt
CityLawrenceCityNm
State AbbreviationKSStateAbbreviationCd
ZIP660440928ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJames G ClarkePersonNm
Person TitleTreasurerPersonTitleTxt
Phone7858327400PhoneNum
Signature2025-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCOLLIN K ROHSPreparerPersonNm
PTINP01895688PTIN
Phone3128792000PhoneNum
Preparation2025-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1KU EndowmentBusinessNameLine1Txt

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1DANIEL J MARTINBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 928AddressLine1Txt
CityLawrenceCityNm
State AbbreviationKSStateAbbreviationCd
ZIP660440928ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$822,691,830GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.kuendowment.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1891FormationYr
Legal Domicile StateKSLegalDomicileStateCd
Activity Or MissionUniversity supportActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee230TotalEmployeeCnt
Total Volunteers72TotalVolunteersCnt
Total Gross UBI$9,874,789TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$2,627,132NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$215,860,728PYContributionsGrantsAmt
CY Contributions Grants$361,647,306CYContributionsGrantsAmt
PY Program Service Revenue$1,904,373PYProgramServiceRevenueAmt
CY Program Service Revenue$2,499,387CYProgramServiceRevenueAmt
PY Investment Income$81,420,227PYInvestmentIncomeAmt
CY Investment Income$205,138,404CYInvestmentIncomeAmt
PY Other Revenue$3,109,580PYOtherRevenueAmt
CY Other Revenue$2,484,052CYOtherRevenueAmt
PY Total Revenue$302,294,908PYTotalRevenueAmt
CY Total Revenue$571,769,149CYTotalRevenueAmt
PY Grants And Similar Paid$204,435,268PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$274,002,642CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$17,909,509PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$19,696,930CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$733,786PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$294,234CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$15,669,043CYTotalFundraisingExpenseAmt
PY Other Expenses$13,152,915PYOtherExpensesAmt
CY Other Expenses$16,071,000CYOtherExpensesAmt
PY Total Expenses$236,231,478PYTotalExpensesAmt
CY Total Expenses$310,064,806CYTotalExpensesAmt
PY Revenues Less Expenses$66,063,430PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$261,704,343CYRevenuesLessExpensesAmt
Total Assets BOY$2,866,140,776TotalAssetsBOYAmt
Total Assets EOY$3,213,356,210TotalAssetsEOYAmt
Total Liabilities BOY$134,834,585TotalLiabilitiesBOYAmt
Total Liabilities EOY$175,240,760TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,731,306,191NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,038,115,450NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionKU Endowment partners with donors in providing philanthropic support to build a greater University of Kansas.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$90,336,339ExpenseAmt
Grant$90,336,339GrantAmt
Revenue$5,166,764RevenueAmt
DescProgram and other educational support from private donors strengthens academic programs and brings top-flight scholars, thoughtful lecturers and breathtaking performances to KU. It also expands the scope of outreach programs throughout the state and supports valuable acquisitions by KU's libraries and museums.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$65,500,235ExpenseAmt
Grant$65,500,235GrantAmt
Revenue$0RevenueAmt
DescFaculty support includes over 200 named, endowed positions, including 8 new faculty support funds endowed during this fiscal year. Private funding augments salaries and supports awards, professional travel and professional development. This support is invaluable in creating the vibrant teaching and research environment that one expects at an international research university.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$53,063,875ExpenseAmt
Grant$53,063,875GrantAmt
Revenue$0RevenueAmt
DescStudent Support - Virtually all privately funded scholarships, awards and fellowships provided by KU come from donor contributions to KU Endowment. This year, 96 new endowed scholarship and student support funds were created and about 9,671 students received financial assistance from privately funded scholarships at KU Endowment.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$65,102,193ExpenseAmt
Grant$65,102,193GrantAmt
Revenue$721,842RevenueAmt
DescFacilities support - Construction, furnishings and equipment funded by private giving fluctuates from year to year depending on the timeline of construction projects. More than two-thirds of the University of Kansas buildings and about 85% of the land available for campus expansion were made possible by private gifts.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$65,102,193TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$65,102,193TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$721,842TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$274,002,642TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document1115IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee230EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryLUForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1James G Clarke TreasurerBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7858327400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11891 Constant AvenueAddressLine1Txt
CityLawrenceCityNm
State AbbreviationKSStateAbbreviationCd
ZIP660473743ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
JILL DOCKING
VICE CHAIR (OCT '23) Executive Committee-Volunteer4.00Yes (X)Yes (X)$0$0$0
LYDIA I BEEBE
Chair, Executive Committee-Volunteer4.00Yes (X)Yes (X)$0$0$0
TODD L SUTHERLAND
Vice Chair, Exec Committee-Volunteer (ENDING OCT '23)4.00Yes (X)Yes (X)$0$0$0
DANA VALDOIS HENSLEY
Executive Committee-Volunteer4.00Yes (X)$0$0$0
DAVID B DILLON
Executive Committee-Volunteer4.00Yes (X)$0$0$0
HOWARD E COHEN
Executive Committee-Volunteer4.00Yes (X)$0$0$0
JANET MARTIN MCKINNEY
Executive Committee-Volunteer4.00Yes (X)$0$0$0
JAY HOWARD
Executive Committee-Volunteer4.00Yes (X)$0$0$0
JOHN B DICUS
Executive Committee-Volunteer (ENDING FEB '24)4.00Yes (X)$0$0$0
KURT D WATSON
Executive Committee-Volunteer4.00.1Yes (X)$0$0$0
LINDA ZARDA COOK
EXECUTIVE COMMITTEE-VOLUNTEER (STARTING OCT '23)4.00Yes (X)$0$0$0
MARVIN MOTLEY
EXECUTIVE COMMITTEE-VOLUNTEER (STARTING OCT '23)4.00Yes (X)$0$0$0
RAMON MURGUIA
Executive Committee-Volunteer4.00Yes (X)$0$0$0
STEVE SLOAN
Executive Committee-Volunteer4.00Yes (X)$0$0$0
ALLISON L LONG
SECRETARY/SVP ADMIN & COO40.00Yes (X)$293,543$0$135,917
DANIEL J MARTIN
PRESIDENT40.00.1Yes (X)$487,016$0$93,513
JAMES G CLARKE
Treasurer/SVP Chief Investment Officer40.00.1Yes (X)$747,994$0$142,399
MARY N LUCAS
VP, MEDICAL DEVELOPMENT40.00$187,583$0$74,825Yes (X)
JAMES R MECHLER
General Counsel40.00$254,570$0$96,661Yes (X)
KRISTEN V TONER
DEP AD & AVP, DEVELOPMENT40.00$239,020$0$54,754Yes (X)
MONTE L SOUKUP
SR VP, PROPERTY MANAGEMENT40.00$209,021$0$64,627Yes (X)
RYAN M TONER
DIRECTOR, INVESTMENTS40.00$223,795$0$58,680Yes (X)
STACY D NUSS
VP Investments & Asst Treasurer40.00.1$337,923$0$140,537Yes (X)
D JEROME DAVIES
FORMER OFFICER/TRUSTEE40.00.0$185,571$0$29,462Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,166,036TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$891,375TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K52IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
Cambridge Associates LLC
125 High StreetBostonMA02110Investment Consulting$2,266,000
CSL LLC
61 BROADWAY STE 240New YorkNY10006Project Mgmt Consulting$2,236,842
Lathrop and Gage LLP
2345 Grand BlvdKansas CityMO64108Legal Services$568,903Ste 2800
Lewis Burke Associates LLC
440 FIRST ST NWWASHINGTONDC20001CONSULTING$265,000STE 700
PILLSBURY WINTHROP SHAW PITTMAN LLP
PO BOX 601240CHARLOTTENC282601240Legal Services$223,088
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K13CntrctRcvdGreaterThan100KCnt
Fundraising$2,268,862FundraisingAmt
Related Organizations$64,443RelatedOrganizationsAmt
Government Grants$22,936,394GovernmentGrantsAmt
All Other Contributions$336,377,607AllOtherContributionsAmt
Noncash Contributions$15,247,595NoncashContributionsAmt
Total Contributions$361,647,306TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Loan Interest522200$1,777,545$1,777,545
Apartment Rentals531110$336,356$336,356
Building Lease531120$296,999$296,999
Other Real Estate Income531390$88,487$88,487

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,499,387TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$43,163,707TotalRevenueColumnAmt
Related Or Exempt Func Income$2,010,236RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$9,857,442UnrelatedBusinessRevenueAmt
Exclusion$31,296,029ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$650,517TotalRevenueColumnAmt
Exclusion$650,517ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$409,936,567SecuritiesAmt
Other$1,131,517OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$248,566,569SecuritiesAmt
Other$526,818OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$161,369,998SecuritiesAmt
Other$604,699OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$161,974,697TotalRevenueColumnAmt
Exclusion$161,974,697ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$717,225FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$2,268,862ContriRptFundraisingEventAmt
Fundraising Direct Expenses$1,829,294FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,112,069TotalRevenueColumnAmt
Exclusion-$1,112,069ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Agriculture110000$1,549,274$1,549,274
Other Receipts900099$1,378,983$1,378,983
Oil & Gas Extraction211110$17,347$17,347

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,945,604OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$571,769,149TotalRevenueColumnAmt
Related Or Exempt Func Income$5,888,606RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$9,874,789UnrelatedBusinessRevenueAmt
Exclusion$194,358,448ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$274,002,642TotalAmt
Program Services$274,002,642ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,229,218TotalAmt
Management And General$1,935,385ManagementAndGeneralAmt
Fundraising$293,833FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$14,234,292TotalAmt
Management And General$4,045,385ManagementAndGeneralAmt
Fundraising$10,188,907FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$350,696TotalAmt
Management And General-$143,099ManagementAndGeneralAmt
Fundraising$493,795FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,699,290TotalAmt
Management And General$627,406ManagementAndGeneralAmt
Fundraising$1,071,884FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,183,434TotalAmt
Management And General$445,937ManagementAndGeneralAmt
Fundraising$737,497FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$68,132TotalAmt
Management And General$63,426ManagementAndGeneralAmt
Fundraising$4,706FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$183,335TotalAmt
Management And General$183,335ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$294,234TotalAmt
Fundraising$294,234FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$7,473,306TotalAmt
Management And General$7,473,306ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$681,155TotalAmt
Program Services$0ProgramServicesAmt
Management And General$451,171ManagementAndGeneralAmt
Fundraising$229,984FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,104,267TotalAmt
Management And General$55,717ManagementAndGeneralAmt
Fundraising$1,048,550FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$761,617TotalAmt
Management And General$249,156ManagementAndGeneralAmt
Fundraising$512,461FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,329,494TotalAmt
Management And General$2,272,206ManagementAndGeneralAmt
Fundraising$57,288FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$144,645TotalAmt
Management And General$103,305ManagementAndGeneralAmt
Fundraising$41,340FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$693,709TotalAmt
Management And General$99,624ManagementAndGeneralAmt
Fundraising$594,085FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$157,453TotalAmt
Management And General$89,123ManagementAndGeneralAmt
Fundraising$68,330FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,001,166TotalAmt
Management And General$1,999,686ManagementAndGeneralAmt
Fundraising$1,480FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$217,996TotalAmt
Management And General$207,062ManagementAndGeneralAmt
Fundraising$10,934FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Equipment & Furnishings$93,655$88,458$5,197
Loan Commissions$82,953$82,953
Unrelated Business Income Tax$48,025$48,025
Dues$30,092$15,554$14,538

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$310,064,806TotalAmt
Program Services$274,002,642ProgramServicesAmt
Management And General$20,393,121ManagementAndGeneralAmt
Fundraising$15,669,043FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,784,637BOYAmt
EOY$6,599,393EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$206,054,197BOYAmt
EOY$264,715,031EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$119,804,201BOYAmt
EOY$258,264,245EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,290,307BOYAmt
EOY$6,589,219EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$124,926,435LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$21,988,832LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$63,811,005BOYAmt
EOY$102,937,603EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$888,331,371BOYAmt
EOY$949,218,704EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,489,169,304BOYAmt
EOY$1,537,564,560EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$21,077,912BOYAmt
EOY$27,100,794EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$56,817,842BOYAmt
EOY$60,366,661EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,866,140,776BOYAmt
EOY$3,213,356,210EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$39,725,958BOYAmt
EOY$43,055,172EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$32,158,000EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$95,108,627BOYAmt
EOY$100,027,588EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$134,834,585BOYAmt
EOY$175,240,760EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$282,080,591BOYAmt
EOY$296,881,724EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,449,225,600BOYAmt
EOY$2,741,233,726EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,731,306,191BOYAmt
EOY$3,038,115,450EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,866,140,776BOYAmt
EOY$3,213,356,210EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$261,704,343ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$40,220,390NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$4,884,526OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$144,015,515CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$173,378,065CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$262,016,912CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$215,860,728CurrentTaxYearMinus1YearAmt
Current Tax Year$361,647,306CurrentTaxYearAmt
Total$1,156,918,526TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$144,015,515CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$173,378,065CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$262,016,912CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$215,860,728CurrentTaxYearMinus1YearAmt
Current Tax Year$361,647,306CurrentTaxYearAmt
Total$1,156,918,526TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$84,961,143SubstantialContributorsTotAmt
Public Support Total170$1,071,957,383PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$48,006,625CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49,233,264CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$81,404,261CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$51,522,363CurrentTaxYearMinus1YearAmt
Current Tax Year$34,213,045CurrentTaxYearAmt
Total$264,379,558TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$1,421,298,084TotalSupportAmt
Gross Receipts Rltd Activities$31,669,101GrossReceiptsRltdActivitiesAmt
Public Support CY1700.7542PublicSupportCY170Pct
Public Support PY1700.7046PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Organization Belongs Afflt GrpYes (X)OrganizationBelongsAffltGrpInd

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Affiliated Group Total$0AffiliatedGroupTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Affiliated Group Total$0AffiliatedGroupTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Affiliated Group Total$0AffiliatedGroupTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$274,002,642FilingOrganizationsTotalAmt
Affiliated Group Total$274,067,085AffiliatedGroupTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$274,002,642FilingOrganizationsTotalAmt
Affiliated Group Total$274,067,085AffiliatedGroupTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt
Affiliated Group Total$1,000,000AffiliatedGroupTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt
Affiliated Group Total$250,000AffiliatedGroupTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$0TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$0TotalAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$680,727AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,160,020,442BeginningYearBalanceAmt
Contributions$55,481,551ContributionsAmt
Investment Earnings Or Losses$184,366,384InvestmentEarningsOrLossesAmt
Grants Or Scholarships$31,723,173GrantsOrScholarshipsAmt
Other Expenditures$45,353,351OtherExpendituresAmt
End Year Balance$2,322,791,853EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,128,799,517BeginningYearBalanceAmt
Contributions$70,118,427ContributionsAmt
Investment Earnings Or Losses$18,696,541InvestmentEarningsOrLossesAmt
Grants Or Scholarships$27,586,008GrantsOrScholarshipsAmt
Other Expenditures$30,008,035OtherExpendituresAmt
End Year Balance$2,160,020,442EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,078,034,791BeginningYearBalanceAmt
Contributions$58,520,661ContributionsAmt
Investment Earnings Or Losses$62,855,363InvestmentEarningsOrLossesAmt
Grants Or Scholarships$25,341,356GrantsOrScholarshipsAmt
Other Expenditures$45,269,942OtherExpendituresAmt
End Year Balance$2,128,799,517EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,593,352,861BeginningYearBalanceAmt
Contributions$55,734,078ContributionsAmt
Investment Earnings Or Losses$468,775,336InvestmentEarningsOrLossesAmt
Grants Or Scholarships$22,804,040GrantsOrScholarshipsAmt
Other Expenditures$17,023,444OtherExpendituresAmt
End Year Balance$2,078,034,791EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,633,026,168BeginningYearBalanceAmt
Contributions$38,634,802ContributionsAmt
Investment Earnings Or Losses-$23,698,693InvestmentEarningsOrLossesAmt
Grants Or Scholarships$23,383,314GrantsOrScholarshipsAmt
Other Expenditures$31,226,102OtherExpendituresAmt
End Year Balance$1,593,352,861EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.2256BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.2218PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.5526TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$21,310,365InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$19,678,517OtherCostOrOtherBasisAmt
Book Value$40,988,882BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$78,439,452OtherCostOrOtherBasisAmt
Depreciation$17,610,872DepreciationAmt
Book Value$60,828,580BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,372,557OtherCostOrOtherBasisAmt
Depreciation$4,377,960DepreciationAmt
Book Value$994,597BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$125,544InvestmentCostOrOtherBasisAmt
Book Value$125,544BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$102,937,603TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Hedge Funds$692,460,446F
Other LLC's and LLP's$80,188,350F
Private Investments$763,706,429F
Real Estate, Royalty & Mineral Interests$1,209,335F
FieldValueIRS element (for citing)
Total Book Value Securities$1,537,564,560TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$609,347,652TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$40,220,390NetUnrealizedGainsInvstAmt
Other Revenue$3,789,875OtherRevenueAmt
Revenue Not Reported$44,010,265RevenueNotReportedAmt
Revenue Subtotal$565,337,387RevenueSubtotalAmt
Investment Expenses Not Incld$6,431,762InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$6,431,762RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$571,769,149TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$302,538,393TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$1,094,651OtherExpensesIncludedAmt
Expenses Not Reported-$1,094,651ExpensesNotReportedAmt
Expenses Subtotal$303,633,044ExpensesSubtotalAmt
Investment Expenses Not Incld2$6,431,762InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$6,431,762ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$310,064,806TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part III, Line 4 Collections of art - description of collectionsOver the years, donors have given in-kind gifts of art and library collections, or have established funds for the purpose of purchasing such items for the museums, libraries and teaching facilities of the University of Kansas. Such gifts are administered by KU Endowment in accordance with any appropriate donor restrictions that may be placed upon the gift.
Schedule D, Part IV, Line 2b Explanation of escrow agreementKU Endowment holds certain endowment and other funds on behalf of the University and its affiliates or other third parties.
Schedule D, Part V, Line 4 Intended uses of endowment fundsEndowment funds consist of approximately 4,200 individual fund accounts established to provide support for a variety of University programs across generations.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990CHANGE IN VALUE OF LIFE INCOME GIFTS - 1795385 CHANGE IN NET INTEREST IN KU ENDOWMENT CHARITABLE GIFT FUND - 81525 FUNDRAISING EVENT DIRECT EXPENSES (SEE PART VIII, LINE 8B) - 1829294 CHANGE IN VALUE OF LIFE INSURANCE CASH VALUE - 83671
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990FUNDRAISING EVENT DIRECT EXPENSES (SEE PART VIII, LINE 8B) - 1829294 AMORTIZATION OF PENSION ADJUSTMENTS - -2923945

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00Investments$564,051,921
Europe (Including Iceland and Greenland)00Investments$107,258,119
North America (Canada & Mexico only)00Investments$840,813
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$672,150,853SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$672,150,853TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsFormAndLineReferenceDesc
ExplanationCENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-AccrualExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1BENTZ WHALEY FLESSNER AND ASSOCIATES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line17900 XERXES AVE SOUTH STE 980AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55431ZIPCd
FieldValueIRS element (for citing)
ActivityFUNDRAISING CONSULTING AND ANALYSISActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$294,234RetainedByContractorAmt
Net To Organization-$294,234NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$0TotalGrossReceiptsAmt
Total Retained By Contractors$294,234TotalRetainedByContractorsAmt
Total Net To Organization-$294,234TotalNetToOrganizationAmt
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesAZLicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1CANCER CENTER BENEFIT DINNEREvent1Nm
Gross Receipts Event1$2,312,657GrossReceiptsEvent1Amt
Charitable Contri Event1$1,842,227CharitableContriEvent1Amt
Gross Revenue Event1$470,430GrossRevenueEvent1Amt
Rent Facility Costs Event1$42,447RentFacilityCostsEvent1Amt
Food And Beverage Event1$201,076FoodAndBeverageEvent1Amt
Entertainment Event1$491,776EntertainmentEvent1Amt
Other Direct Expenses Event1$505,888OtherDirectExpensesEvent1Amt
Event2ALUMNI ASSOCIATION BENEFIT DINNEREvent2Nm
Gross Receipts Event2$267,557GrossReceiptsEvent2Amt
Charitable Contri Event2$121,250CharitableContriEvent2Amt
Gross Revenue Event2$146,307GrossRevenueEvent2Amt
Rent Facility Costs Event2$25,000RentFacilityCostsEvent2Amt
Food And Beverage Event2$88,563FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$283,925OtherDirectExpensesEvent2Amt
Other Events Total8OtherEventsTotalCnt
Gross Receipts Other Events$405,873GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$305,385CharitableContriOtherEventsAmt
Gross Revenue Other Events$100,488GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$4,151NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$25,896RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$93,508FoodAndBeverageOtherEventsAmt
Entertainment Other Events$43,861EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$23,203OthDirectExpnssOtherEventsAmt
Gross Receipts Total$2,986,087GrossReceiptsTotalAmt
Charitable Contributions Tot$2,268,862CharitableContributionsTotAmt
Gross Revenue Total Events$717,225GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$4,151NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$93,343RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$383,147FoodAndBeverageTotalEventsAmt
Entertainment Total Events$535,637EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$813,016OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$1,829,294DirectExpenseSummaryEventsAmt
Net Income Summary-$1,112,069NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
THE UNIVERSITY OF KANSAS
STRONG HALL1450 JAYHAWK BLVDLAWRENCEKS66045486029925SECTION 115$253,382,689STUDENT SCHOLARSHIPS AND FELLOWSHIPS, STUDENT AND FACULTY AWARDS AND PRIZES, FACULTY AND STAFF SALARY SUPPORT, GENERAL PROGRAM AND EDUCATIONAL SUPPORT, AND FACILITIES SUPPORT FOR THE UNIVERSITY OF KANSAS AND ITS CONTROLLED ORGANIZATIONS.
THE KANSAS UNIVERSITY ALUMNI ASSOCIATION
1266 OREAD AVENUELAWRENCEKS66045480291250501(C)(3)$3,850,434GENERAL SUPPORT TO FURTHER THE MISSION OF THE ALUMNI ASSOCIATION TO INFORM, ENGAGE, AND MOBILIZE THE KU COMMUNITY.
THE UNIVERSITY OF KANSAS HOSPITAL AUTHORITY
3901 RAINBOW BLVDKANSAS CITYMO66160481202402SECTION 115$15,800,367SALARY AND FACILITY SUPPORT FOR THE UNIVERSITY OF KANSAS HEALTH SYSTEMS.
AD ASTRA EDUCATION FOUNDATION
C/O LATHROP 7300 W 110TH STSTE 150OVERLAND PARKKS66210873611263501(C)(3)$969,152SCHOLARSHIP SUPPORT FOR STUDENTS AT THE UNIVERSITY OF KANSAS FROM GROUPS WHO HAVE HISTORICALLY BEEN UNDERREPRESENTED.
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationMany disbursements in furtherance of the organization's exempt programs are made for University of Kansas student scholarships or for University employee salaries and similar expenses which are disbursed directly to the University, and which are incurred directly in the active conduct of activities constituting the exempt purpose or function for which the organization is organized and operated. Other disbursements in furtherance of the organization's exempt programs are made for the direct benefit of the University of Kansas, in accordance with accountable plan procedures and are subject to conditions established by the organization's governing board designed to ensure that individuals and organizations receiving disbursements from the organization in furtherance of its exempt programs are adequately investigated to ensure that they are qualifying recipients. Students receiving scholarships and fellowships are judged worthy by the University's assessment of the basis of academic achievement, financial need and similar standards, in accordance with applicable gift instruments.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
D JEROME DAVIES
FORMER OFFICER/TRUSTEE$185,571$0$0$0$0$0$20,291$0$9,171$0$215,033$0$0$0
JAMES G CLARKE
Treasurer/SVP Chief Investment Officer$395,207$0$352,787$0$0$0$141,608$0$791$0$890,393$0$0$0
DANIEL J MARTIN
PRESIDENT$487,016$0$0$0$0$0$76,888$0$16,625$0$580,529$0$0$0
ALLISON L LONG
SECRETARY/SVP ADMIN & COO$293,543$0$0$0$0$0$134,463$0$1,454$0$429,460$0$0$0
MARY N LUCAS
VP, MEDICAL DEVELOPMENT$187,583$0$0$0$0$0$74,255$0$570$0$262,408$0$0$0
STACY D NUSS
VP Investments & Asst Treasurer$224,696$0$113,227$0$0$0$139,867$0$670$0$478,460$0$0$0
JAMES R MECHLER
General Counsel$238,636$0$15,934$0$0$0$80,169$0$16,492$0$351,231$0$0$0
KRISTEN V TONER
DEP AD & AVP, DEVELOPMENT$239,020$0$0$0$0$0$41,960$0$12,794$0$293,774$0$0$0
RYAN M TONER
DIRECTOR, INVESTMENTS$168,999$0$54,796$0$0$0$50,562$0$8,118$0$282,475$0$0$0
MONTE L SOUKUP
SR VP, PROPERTY MANAGEMENT$209,021$0$0$0$0$0$56,459$0$8,168$0$273,648$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a Travel for companionsRegarding travel for companions, KU Endowment's written guidelines are as follows, "for spouse expenses to be reimbursable, the expense must be required by your supervisor and it is expected that the event in which your spouse is included will include spouses of guests, and both requirements should be stated on the reimbursement request." In keeping with this policy, travel expenses are reimbursed, and not treated as compensation, for a spouse to accompany an officer to assist in a volunteer capacity with donor development at several events, which also required attendance by the officer.
Schedule J, Part I, Line 1a Health or social club dues or initiation feesCountry club dues were paid on behalf of two officers and two highly compensated employee to promote fundraising efforts. These amounts are treated as compensation to these employees.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement planThe Nonqualified Retirement Plan for Employees of the Kansas University Endowment Association (the "Nonqualified Plan'), is a supplemental nonqualified retirement plan described in Internal Revenue Code section 457(f) that provides benefits in excess of the limits imposed by Internal Revenue Code sections 401(a)(17) and 415 under The Kansas University Endowment Association's qualified retirement plan. A participant's Nonqualified Plan benefit vests on the participant's attainment of age 65, and the benefit is paid in a lump sum within 60 days following the participant's termination of employment. During the year, two executive officers and one highest compensated employee participated in the Nonqualified Plan and had deferred benefits reported in Sch. J, Part II, column C in the amounts of $16,917 for Daniel J. Martin, $100,424 for James G. Clarke, and $5,463 for Stacy D. Nuss.
Schedule J, Part I, Line 7 Non-fixed paymentsONE OFFICER AND TWO HIGHEST COMPENSATED EMPLOYEES RECEIVED BONUS PAYMENTS THAT RESULTED FROM AN INCENTIVE COMPENSATION PLAN. ONE HIGHEST COMPENSATED EMPLOYEE RECEIVED A BONUS PAYMENT FOR EXEMPLARY SERVICE DURING THE YEAR. KU ENDOWMENT PROVIDES AN ANNUAL REVIEW OF ALL EMPLOYEE'S COMPENSATION AND THE BONUS PAYMENTS WERE APPROVED BY THE EXECUTIVE STAFF COMPENSATION COMMITTEE, AND THAT, WHEN COMBINED WITH EACH EMPLOYEES' REGULAR COMPENSATION, IS WITHIN THE BENCHMARK RANGE OF COMPARABLE SALARIES FOR EACH POSITION WITHIN KU ENDOWMENT'S MARKET PEERS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1KANSAS DEVELOPMENT FINANCE AUTHORITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN481066589BondIssuerEIN
CUSIP000000000CUSIPNum
Bond Issued2024-05-16BondIssuedDt
Issue Price$32,158,000IssuePriceAmt
PurposeTHE ACQUISITION OF A STUDENT HOUSING FACILITY TO SUPPORT THE UNIVERSITY OF KANSAS.PurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$32,158,000TotalProceedsAmt
Issuance Costs From Proceeds$158,000IssuanceCostsFromProceedsAmt
Capital Expenditures$32,000,000CapitalExpendituresAmt
Substantial Completion2024SubstantialCompletionYr
Refunding Tax Exempt BondsfalseRefundingTaxExemptBondsInd
Refunding Taxable BondsfalseRefundingTaxableBondsInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsfalseAnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropfalseMgmtContractBondFincdPropInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Total Private Business Use0.0TotalPrivateBusinessUsePct
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (true)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Exception To RebateYes (true)ExceptionToRebateInd
Variable Rate IssueYes (true)VariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (true)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (true)ProceduresCorrectiveActionInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution270ContributionCnt
Noncash Contributions Rpt F990$15,105,928NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Real Estate Other RealEstateOtherGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$141,667NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I Column (b)FormAndLineReferenceDesc
ExplanationThe organization is reporting the number of donors.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (13 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services(Expenses $ 65,102,193 including grants of $ 65,102,193)(Revenue $ 721,842) Facilities support - Construction, furnishings and equipment funded by private giving fluctuates from year to year depending on the timeline of construction projects. More than two-thirds of the University of Kansas buildings and about 85% of the land available for campus expansion were made possible by private gifts.
Form 990, Part VI, Line 18 IRS Tax Exemption Determination LetterKU Endowment was granted an exemption from federal income tax in 1934, and received additional confirmations of this exemption over the years, and most recently on October 18, 2010. A copy of the latter is available on the organization's website under the Quick Links, "Reports and Financials," "IRS determination letter."
Form 990, Part VI, Line 1a Delegate broad authority to a committeeThe bylaws of the organization provide the business and affairs of the organization shall be managed under the direction of the executive committee of the trustees. The executive committee shall have the same authority, responsibility and powers as a board of directors. The bylaws allow for the executive committee to consist of the chair of the trustees, immediate past chair of the trustees, and not less than six nor more than thirteen additional members to be elected by the trustees. The committee will also have the following ex-officio, non-voting members: the chancellor of the University of Kansas, and the president, secretary, and treasurer of the organization.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing bodyThe bylaws of the organization provide for a board of trustees to be comprised of 50 to 75 members, none of which receive compensation for their position as trustee. The board of trustees are reserved a limited number of powers which include: 1.) election or removal or to fill vacancies in the executive committee; and 2.) election of the chair of the executive committee. The other powers provided to the members of the board of trustees are outlined in the explanation to question 7b below.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholdersThe limited powers of the members of the board of trustees of the organization also include: 1.) election or removal or to fill vacancies of the members of the board of trustees; 2.) change in the number of members of the board of trustees; 3.) amendment of the articles of incorporation; and 4.) liquidation or dissolution of KU Endowment, or disposition of all, or substantially all, of the assets of KU Endowment, or any merger of KU Endowment into or with another corporation. The bylaws do not grant the members of the board of trustees any other powers other than those indicated above. A full list of the members of the board of trustees can be found on the organization's website: www.kuendowment.org
Form 990, Part VI, Line 11b Review of form 990 by governing bodyForm 990 is prepared internally by the Tax Compliance Manager. An internal review of the return is completed by appropriate KU Endowment personnel. An external tax preparer then completes a review of the return. A draft copy of Form 990 is provided to the audit committee to review and recommend revisions. Any such recommendations are provided in a timely manner to incorporate them in the return before transmittal to the IRS. The audit committee reviews the 990 on behalf of the governing body (the executive committee) and recommends approval of the 990 by the executive committee. The final version of the 990 is placed on the trustee intranet for the executive committee to review prior to filing. After transmittal of the final return to the IRS, a copy of the return is placed on the organization's public website.
Form 990, Part VI, Line 12c Conflict of interest policyAn annual conflict of interest disclosure is requested from all current members of the Executive Committee, members of committees with Executive Committee-delegated powers, officers and key employees. To monitor and enforce compliance with the conflict of interest policy, the following procedures have been established: 1. Duty to Disclose a. In connection with any actual or possible conflicts of interest, an interested person must promptly disclose the existence and all material facts about the nature of his or her financial interests to the Executive Committee or the other members of committees with Executive Committee-delegated powers prior to such committee authorizing or approving KU Endowment or one of its subsidiaries entering into or negotiating a proposed transaction or arrangement. b. Unless previously disclosed in accordance with this Policy, in connection with any actual or possible conflicts of interest, an interested person must promptly disclose the existence and all material facts about the nature of his or her financial interests to the Executive Committee or the President of KU Endowment whenever such person becomes aware that (i) KU Endowment or one of its subsidiaries already has an existing transaction or arrangement in which such interested person has or is acquiring a financial interest or (ii) the Executive Committee, a committee with Executive Committee-delegated authority or any officer of KU Endowment or one of its subsidiaries is deliberating about or deciding whether to take an action or to refrain from taking an action with respect to a transaction or arrangement with respect to which such interested person has a financial interest. 2. Determining Whether a Conflict of Interest Exists After disclosure of the financial interest, the interested person shall leave, or not attend, as the case may be, any portion of a meeting of the Executive Committee or committee with Executive Committee-delegated powers while the financial interest is discussed and voted upon by the remaining members of such committee. The remaining Executive Committee members or committee members, as the case may be, shall decide if a conflict of interest exists and, if so, will address it. 3. Procedures for Addressing the Conflict of Interest a. The chairperson of the Executive Committee or committee with Executive Committee-delegated powers shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement or, in the case of an existing transaction or arrangement, taking or refraining from taking action with respect to such existing transaction or arrangement. b. After exercising due diligence, the Executive Committee or committee with Executive Committee-delegated powers shall determine whether KU Endowment can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. c. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the Executive Committee or committee with Executive Committee-delegated powers shall determine by a majority vote of the disinterested members whether or not: (i) the transaction or arrangement, or the action or refraining from taking action, as the case may be, is in KU Endowment's best interests; (ii) the transaction or arrangement or action or refraining from taking action, as the case may be, is for KU Endowment's own benefit; (iii) the transaction or arrangement or action or refraining from taking action, as the case may be, is fair and reasonable to KU Endowment; and (iv) to enter into the transaction or arrangement or take or refrain from taking action, as the case may be, in conformity with such determinations. 4. Violations of the Conflict of Interest Policy a. If the Executive Committee or committee with Executive Committee-delegated powers has reasonable cause to believe that an individual is an interested person who has failed to disclose actual or possible conflicts of interest, it shall inform the individual of the basis for such belief and afford the individual an opportunity to explain the alleged failure to disclose. b. If, after hearing the response of such an individual and making such further investigation as may be warranted in the circumstances, the Executive Committee or committee with Executive Committee-delegated powers determines that the individual has in fact failed to disclose an actual or possible conflict of interest, it shall take, or direct the President of KU Endowment to take, appropriate disciplinary and corrective action.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialCompensation of officers and such other persons as designated by the executive committee shall be determined by the compensation committee and be confirmed by the executive committee. The executive committee may adjust compensation determined by the compensation committee whenever, in its judgment, the best interests of KU Endowment would be served thereby. A compensation committee of not less than five nor more than eight trustees shall be appointed annually by the chair of the executive committee. The chair of the executive committee shall designate one compensation committee member as chair. A majority in number of the committee shall constitute a quorum. The compensation committee must consist of individuals who (I) do not have a conflict of interest with respect to compensation arrangements or transactions; (II) have obtained and relied upon appropriate data as to comparability prior to making any determination; and (III) adequately document the basis for committee decisions concurrently with making determinations. The committee is directed to act in a manner that will avoid the intermediate sanctions provisions of the internal revenue code. Its duties shall be the review, study and recommendation of reasonable and necessary compensation for officers and employees of KU Endowment and any and all such additional functions as may from time to time be designated by the executive committee.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesThe organization uses the same process described above in 15a for other officers or key employees of the organization.
Form 990, Part VI, Line 19 Required documents available to the publicKU Endowment's financial statements are available on the organization's website under the Quick Link "Reports and Financials," "2024 audit report." Also, a copy of the organization's currently filed form 990 is available in the same location on the organization's website. Schedule O of the form 990 provides a description of the organization's conflict of interest policy and certain other aspects of its governing documents, such as trustee elections and voting powers.
Form 990, Part VII, Section B, Line 1IT IS POSSIBLE THAT A PORTION OF THE AMOUNTS REPORTED FOR CONTRACTED SERVICES MAY INCLUDE EXPENSE REIMBURSEMENT, IN ADDITION TO AMOUNTS PAID FOR SERVICES. HOWEVER, THE AMOUNTS ARE NOT DISTINGUISHABLE.
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesAmortization of Pension Adjustments - 2923945; Change in Net Interest in KU Endowment Charitable Gift Fund - 81525; Change in Value of Life Income Gifts - 1795385; Change in Value of Life Insurance - 83671;
Schedule F, Part I, Line 3The amount for "Investments" represents the total book value of all investments in the region as of June 30, 2024. Such investments by the organization are passive and do not constitute any activity related to the organization's program services. Income from these holdings are reported net of related investment expenses, which are disclosed as a note to the audited financial statements.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
CWAPTS LLC
PO Box 928LawrenceKS660440928453170274Rental Real EstateKS$29,892$1,398,954The Kansas University Endowment Association
RGAPTS LLC
PO Box 928LawrenceKS660440928461289542Rental Real EstateKS$478,008$1,287,142The Kansas University Endowment Association
RCP LLC
PO Box 928LawrenceKS660440928320392147Rental Real EstateKS$80,800$2,748,582The Kansas University Endowment Association
STADPKG LLC
PO Box 928LawrenceKS660440928813579421Rental Real EstateKS$4,716$604,866The Kansas University Endowment Association
KUGC LLC
PO Box 928LawrenceKS660440928823028127Rental Real EstateKS$0$2,567,277The Kansas University Endowment Association
WEST DISTRICT IMPROVEMENT COMPANY LLC
PO BOX 928LAWRENCEKS660440928871743032RENTAL REAL ESTATEKS$0$18,298,989THE KANSAS UNIVERSITY ENDOWMENT ASSOCIATION
HAPTS LLC
PO BOX 928LAWRENCEKS660440928871792687RENTAL REAL ESTATEKS$29,283$3,266,521THE KANSAS UNIVERSITY ENDOWMENT ASSOCIATION
CAMBRIDGE WEST EQUITY LLC
PO BOX 928LAWRENCEKS660440928872278638RENTAL REAL ESTATEKS$0$6,600,000THE KANSAS UNIVERSITY ENDOWMENT ASSOCIATION
CWE2 LLC
PO Box 928LawrenceKS660440928934427212RENTAL REAL ESTATEKS$0$2,850,766THE KANSAS UNIVERSITY ENDOWMENT ASSOCIATION
HWKAPTS LLC
PO BOX 928LAWRENCEKS660440928991518937RENTAL REAL ESTATEKS$554,188$32,238,268THE KANSAS UNIVERSITY ENDOWMENT ASSOCIATION
WDFP6LL LLC
PO BOX 928LAWRENCEKS660440928934391767RENTAL REAL ESTATEKS$0$667,026WEST DISTRICT IMPROVEMENT COMPANY LLC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
The KU Endowment Charitable Gift Fund
PO Box 928LawrenceKS660440928200317170Support for KU Endowment and 501(c)(3)'s named in governing document.KS501(c)(3)Type IThe Kansas University Endowment AssociationYes (true)
Leon Karelitz Charitable Trust
PO Box 928LawrenceKS660440928616400249Support for KU Endowment pursuant to governing document.KS501(c)(3)Type IThe Kansas University Endowment AssociationYes (true)
Virgil and Pauline Brown Memorial Trust
PO Box 928LawrenceKS660440928467074121Support for KU Endowment pursuant to governing document.KS501(c)(3)Type IThe Kansas University Endowment AssociationYes (true)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPct
Charitable Remainder Trusts (43)
Split interest trusts providing support to KU EndowmentKSNATrustfalse
Charitable Remainder Trusts (4)
Split Interest Trusts providing support to KU EndowmentMONATrustfalse
Charitable Remainder Trusts (3)
Split interest trusts providing support to KU EndowmentTXNATrustfalse
Agnes Lauretta McClair Testamentary Trust
Sec. 4947(A)(1) nonexempt charitable trust supporting KU EndowmentKSNATrustfalsec/o Bank of AmericaPO Box 653067DallasTX752653067486126736$33,510$915,4061
Mary Sellars Fund
Sec. 4947(A)(1) nonexempt charitable trust supporting KU EndowmentKSNATrustfalsec/o Bank of AmericaPO Box 831DallasTX752831041486203686-$1,961$308,2941
Lorraine M Love Charitable Remainder Unitrust
Sec. 4947(A)(1) nonexempt charitable trust supporting KU EndowmentKSNATrustfalsePO Box 700Junction CityKS664410700481247473$3,863$82,0301
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1LEON KARELITZ CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeCTransactionTypeTxt
Involved$51,183InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt

Affiliated Group Schedule AffiliatedGroupSchedule

Affiliated Schedule AffiliatedScheduleGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINElecting OrganizationElectingOrganizationIndTotal Grassroots LobbyTotalGrassrootsLobbyAmtTotal Direct LobbyTotalDirectLobbyAmtTotal Lobby ExpenditureTotalLobbyExpenditureAmtOther Exempt Purpose ExpendOtherExemptPurposeExpendAmtTotal Exempt Purpose ExpendTotalExemptPurposeExpendAmtLobby NontxLobbyNontxAmtGrassroots NontxGrassrootsNontxAmtTotal Lobby Grssroot Mns NontxTotalLobbyGrssrootMnsNontxAmtTot Lbby Expend Mns Lobby NontxTotLbbyExpendMnsLobbyNontxAmtShare Excess Lobby ExpendShareExcessLobbyExpendAmt
The Kansas University Endowment Association
PO Box 928LawrenceKS660440928480547734Yes (X)$0$0$0$274,002,642$274,002,642$1,000,000$250,000$0$0$0
The KU Endowment Charitable Gift Fund
PO Box 928LawrenceKS660440928200317170$0$0$0$0$0$0$0$0$0$0
Leon Karelitz Charitable Trust
PO Box 928LawrenceKS660440928616400249$0$0$0$51,183$51,183$10,237$2,559$0$0$0
Virgil and Pauline Brown Memorial Trust
PO Box 928LawrenceKS660440928467074121$0$0$0$13,260$13,260$2,652$663$0$0$0