2025-05-13T09:18:43-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2023-07-01 596211832 UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC UNIV 4078821220 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 RODNEY M GRABOWSKI CEO 4078821220 2025-05-06 1 1 AMY CHAPMAN P00843460 4078021200 2025-05-06 2023 2025-03-06 01:10:19Z RODNEY M GRABOWSKI 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 106764485 0 X WWW.UCFFOUNDATION.ORG X 1968 FL TO ENCOURAGE, STEWARD & CELEBRATE CONTRIBUTIONS FROM ALUMNI & FRIENDS TO SUPPORT UCF. 28 26 0 3174 83858 194035 67554206 60744471 909512 1421874 5350721 6035600 20307933 6327351 94122372 74529296 24811241 52595041 0 0 15445532 18220681 167088 30357 7211117 7283957 9003604 47707818 79849683 46414554 -5320387 639424003 659727218 174189011 170504617 465234992 489222601 X THE UCF FOUNDATION ENCOURAGES, STEWARDS AND CELEBRATES CHARITABLE CONTRIBUTIONS FROM ALUMNI AND FRIENDS TO SUPPORT UNIVERSITY OF CENTRAL FLORIDA (UCF). 0 0 15945955 15513642 258157 ATHLETICS EXPENSES PAID IN SUPPORT OF THE UCF ATHLETICS PROGRAM AND THE CHARGEON FUND PROVIDE STUDENT-ATHLETES WITH CHAMPIONSHIP-CALIBER EXPERIENCES, EMPOWERING THEM TO EXCEL IN COMPETITION, IN THE CLASSROOM, AND IN THE COMMUNITY. FROM ACADEMIC SUPPORT TO WORLD-CLASS TRAINING FACILITIES AND SERVICES, THE KNIGHTS BENEFIT GREATLY FROM PHILANTHROPY. IN FY24 ALONE, TWO SIGNIFICANT ALUMNI GIFTS RESULTED IN AN ADDITIONAL $11.5 MILLION IN CRITICAL FUNDING FOR UCF ATHLETICS AND A NEW 95-ACRE SPACE ON CAMPUS THAT WILL BE DEDICATED TO THE HEALTH AND WELLBEING, ACADEMIC SUCCESS AND PROFESSIONAL DEVELOPMENT OF STUDENT ATHLETES, AS WELL AS ATHLETIC COMPETITION. UCF STUDENT-ATHLETES CONTINUED TO EXCEL IN THEIR ACADEMICS, EXTENDING THEIR RECORD-SETTING STREAK TO 33 CONSECUTIVE SEMESTERS WITH A DEPARTMENT GRADE-POINT AVERAGE OF 3.0 OR BETTER AT THE END OF THE SPRING 2024 SEMESTER INCLUDING 10 STRAIGHT SEMESTERS WITH A 3.3 OR HIGHER MARK. THE KNIGHTS COMPILED A COMBINED 3.42 GPA IN THE SPRING 2024 SEMESTER AND MORE THAN 75% OF STUDENT-ATHLETES POSTED A GPA OF 3.0 OR HIGHER, 63 OF WHICH EARNED A 4.0 GPA. 8709963 8595068 703803 ACADEMIC EXPENSES PAID IN SUPPORT OF THE UCF PROGRAMS FUND ACADEMIC OFFERINGS, SALARIES FOR UNIVERSITY EMPLOYEES AND FELLOWSHIPS TO REWARD SOME OF UCF'S MOST ACCOMPLISHED AND PROMISING STUDENTS. OUTSTANDING FACULTY ARE CRITICAL TO INSTITUTIONAL EXCELLENCE, INSPIRING STUDENTS AND FOSTERING AND ENHANCING STRONG ACADEMIC PROGRAMS. BY FUNDING PRESTIGIOUS ACADEMIC POSITIONS AT THE UNIVERSITY SUCH AS ENDOWED CHAIRS, EMINENT SCHOLAR POSITIONS AND DISTINGUISHED PROFESSORSHIPS, WE RETAIN THE UNIVERSITY'S MOST ESTEEMED FACULTY AND IN TURN, MAINTAIN OUR HIGH ACADEMIC STANDARD. SPENDING TO SUPPORT RESEARCH PROJECTS AND INNOVATIVE PROGRAMS FURTHER ENRICHES THE UCF LEARNING EXPERIENCE. UCF FOUNDATION, INC. RECEIVED $104,403,814 IN GIFTS AND COMMITMENTS IN FY24 FAR EXCEEDING THE GOAL SET BY UNIVERSITY LEADERS. THIS REPRESENTED THE SUPPORT OF MORE THAN 87,000 DONORS WHO GAVE 237,390 GIFTS. 6212405 5636063 10 UCF IS DEDICATED TO ENRICHING THE LIVES OF UCF STUDENTS AND SOLICITS DONATIONS TO SUPPORT SCHOLARSHIPS THAT 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 2024 FRESHMAN CLASS HAD AN AVERAGE SAT SCORE OF 1342 AND AN AVERAGE HIGH SCHOOL GPA OF 4.22. NEARLY HALF OF UCF'S STUDENT POPULATION ARE FROM TRADITIONALLY UNDERREPRESENTED GROUPS AND MORE THAN 20% ARE FIRST-GENERATION COLLEGE STUDENTS. WITH 69,818 STUDENTS, UCF IS THE LARGEST UNIVERSITY BY ENROLLMENT IN FLORIDA; THIS INCLUDES 59,649 UNDERGRADUATE STUDENTS, 9,688 GRADUATE STUDENTS AND 481 M.D. STUDENTS. UCF RANKS SECOND AMONG FLORIDA'S STATE UNIVERSITIES, WITH 341 NATIONAL MERIT SCHOLARS ENROLLED. IN FY2024, 2,112 SCHOLARSHIPS WERE AWARDED, $116.4 MILLION WAS AWARDED TO BRIGHT FUTURES STUDENTS, AND 72.8% OF UNDERGRADUATES RECEIVED $553.1 MILLION IN FINANCIAL AID. SEVENTY PERCENT OF FTIC (FIRST-TIME IN COLLEGE) STUDENTS AT UCF ALSO GRADUATED WITHOUT ANY EDUCATIONAL DEBT, COMPARED TO ONLY 42% OF STUDENTS WHO GRADUATE DEBT-FREE NATIONALLY. 27453657 22850268 459904 OTHER PROGRAM SERVICES DIRECTLY RELATED TO THE FOUNDATION'S MISSION. 27453657 22850268 459904 58321980 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 40 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 28 26 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 BRIAN BUTLER CHAIR 1.00 0.00 X X 0 0 0 ROSLYN BURTTRAM CO-VICE CHAIR & CHAIR, DONOR ENGAGEMENT & PHILANTH 1.00 0.00 X X 0 0 0 STUART HEATON CO-VICE CHAIR & CHAIR, INVESTMENT COMMITTEE 1.00 0.00 X X 0 0 0 EVA TUKDARIAN TREASURER & CHAIR, FINANCE & FACILITIES COMMITTEE 1.00 0.00 X X 0 0 0 DANA PATTON SECRETARY 1.00 0.00 X X 0 0 0 CARRIE DAANEN IMM. PAST CHAIR & CHAIR, GOV. COMM. 1.00 0.00 X X 0 0 0 JESSICA BLUME CHAIR, AUDIT COMMITTEE 1.00 0.00 X X 0 0 0 LINH DANG CHAIR, UCF ALUMNI BOARD EX-OFFICIO MEMBER 1.00 0.00 X 0 0 0 DR MICHAEL JOHNSON PROVOST, UCF EX-OFFICIO MEMBER 1.00 40.00 X 0 0 0 CARYL MCALPIN TRUSTEE, UCF BOARD OF TRUSTEES EX-OFFICIO MEMBER 1.00 0.00 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 JOHN BARRY FORBES DIRECTOR 1.00 0.00 X 0 0 0 JAMES HARHI DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL HINN DIRECTOR 1.00 0.00 X 0 0 0 ROBERT KANTOR DIRECTOR 1.00 0.00 X 0 0 0 LAURETTE KOELLNER DIRECTOR 1.00 0.00 X 0 0 0 JOHN MAHONY DIRECTOR 1.00 0.00 X 0 0 0 LAURENCE CHRIS MARLIN DIRECTOR 1.00 0.00 X 0 0 0 MARC MCMURRIN DIRECTOR 1.00 0.00 X 0 0 0 THOMAS MCNAMARA DIRECTOR 1.00 0.00 X 0 0 0 KEVIN MILLER DIRECTOR 1.00 0.00 X 0 0 0 DIANNE OWEN DIRECTOR 1.00 0.00 X 0 0 0 HEATHER PIGMAN DIRECTOR 1.00 0.00 X 0 0 0 MARK PLAUMANN DIRECTOR 1.00 0.00 X 0 0 0 KEVIN WYDRA DIRECTOR 1.00 0.00 X 0 0 0 ROGER ZLOTOFF DIRECTOR 1.00 0.00 X 0 0 0 RODNEY M GRABOWSKI CEO & SENIOR VP FOR ADV. & PART. 40.00 0.00 X 0 500393 62988 GLEN DAWES CHIEF FINANCIAL OFFICER (THRU 7/23) 40.00 0.00 X 0 208568 29954 RACHEL SCHAEFER ASSOCIATE VP AND CHIEF OF STAFF 40.00 0.00 X 0 213128 32806 GINA SHOLTIS SENIOR ASSOCIATE VP FOR DEVELOPMENT 40.00 0.00 X 0 295475 30951 BECKY FULLMER ASSC. VP FOR OPERATIONS (THRU 5/24) 40.00 0.00 X 0 211170 30927 CHARLES ROBERTS ASSISTANT VP, COLLEGE OF MEDICINE DEVELOPMENT 40.00 0.00 X 0 214598 55250 HEATHER JUNOD ASSC VP, ALUMNI ENG. & ANNUAL GIVING 40.00 0.00 X 0 206475 43790 LORI SHUFF ASST VP, DEV. CORP. FDN. RELATIONS 40.00 0.00 X 0 174281 27363 MARK WRIGHT ASSC VP, ATHLETICS DEVELOPMENT 40.00 0.00 X 0 292298 52877 0 2316386 366906 31 0 1 0 MACDADE CONSTRUCTION INC 1200 SANFORD AVE SANFORD FL 32771 CONSTRUCTION SERVICES 762134 RED COATS INC PO BOX 79579 BALTIMORE MD 21279 JANITORIAL SERVICES 603303 OLOGIE INC 447 EAST MAIN STREET COLUMBUS OH 43215 CONSULTING SERVICES FOR CAMPAIGN 477829 CBRE PO BOX 848844 LOS ANGELES CA 90084 PROPERTY MANAGEMENT 474411 BLACKBAUD INC PO BOX 830413 PHILADELPHIA PA 19182 SOFTWARE SUPPORT AND SERVICES 448127 26 90596 12952445 47701430 149024 60744471 PROGRAM REVENUES 611710 1421874 1421874 1421874 1835307 243264 1592043 85753 85753 18373443 11851938 6521505 6521505 6521505 23988471 19788178 4200293 4200293 4200293 110794 90596 231912 -121118 -121118 183155 363161 -180006 -180006 ADVERTISING REVENUE 541800 20600 20600 MISCELLANEOUS REVENUE 900099 617 617 21217 74529296 1421874 83858 12279093 52595041 52595041 1713918 827142 886776 12267707 3351242 5396616 3519849 1167477 109157 530060 528260 2265022 212393 1028140 1024489 806557 75787 366055 364715 2309 2309 84528 84528 30357 30357 973235 973235 2746791 542801 2088428 115562 407655 145236 59230 203189 222614 74424 129899 18291 1938875 49435 1825710 63730 15611 15611 98441 49704 28604 20133 457943 67227 184344 206372 500 500 270559 3068 267491 RENTAL, FURNITURE, EQUI 915091 700978 180978 33135 SPONSORSHIP/MEMBERSHIPS 161789 43472 64967 53350 707663 286404 278350 142909 79849683 58321980 14316586 7211117 600 600 22933762 23824970 45005883 54065309 11896547 6598895 935673 419490 158750138 44116196 125959409 114633942 22740150 25518177 302316884 324848922 107635095 109816913 639424003 659727218 8613948 7017161 551325 193076 9192000 8291000 50628000 46960000 105203738 108043380 174189011 170504617 X 243089209 269180086 66139409 59382943 156006374 160659572 465234992 489222601 639424003 659727218 -5320387 29307996 0 X 0 1 X 1 0 X 32949173 74281753 50003059 67554206 60744471 285532662 32949173 74281753 50003059 67554206 60744471 285532662 285532662 19502691 16968158 24202910 33250473 20051239 113975471 26339 33599 74375 661975 83858 880146 251816 6102 19562 617 278097 400666376 6017191 0.71260 0.71060 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 251,816. 2020 AMOUNT: $ 6,102. 2022 AMOUNT: $ 19,562. 2023 AMOUNT: $ 617. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 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 FY24, THE REIMBURSEMENT MADE BY THE FOUNDATION RELATED TO POTENTIAL LOBBYING AMOUNTED TO $402,617. X 1 0.25 0 0 1 0 1.00 0 228520628 4753443 35747067 2438651 6574062 5500000 254508425 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 0.18000 0.82000 0.00000 0 0 55194864 55194864 99610415 41706389 57904026 3944859 2409807 1535052 114633942 SSGA RUSSELL 1000 (R) INDX NL CTF 78770161 F GLOBAL ALPHA INTL SMALL CAP FUND LP 4633986 F SSGA MSCI ACWI IMI INDEX NL CTF 16230972 F ACADIAN ALL COUNTRY WORLD EX US FUND 24721028 F WTC-CTF INTERNATIONAL OPPS 23358584 F NHIT: CORE DISCIPLINED ALPHA TRUST 92612036 F LOOMIS NHIT: CREDIT ASSET TRUST CL B 14289793 F HEDGE FUNDS 11948898 F PRIVATE EQUITY 23087401 F PRIVATE DEBT 13196049 F REAL ASSETS 10832053 F REAL ESTATE 11167961 F 324848922 DEPOSITS 185894 LEASE RECEIVABLE 108316733 LOANS AND NOTES RECEIVABLE 1314286 109816913 TENANT SECURITY & KEY DEPOSIT 29182 ANNUITY PAYMENT LIABILITY 297338 DEFERRED LEASE INFLOWS 107716860 108043380 X 115274404 29307996 12447011 41755007 73519397 973235 36664 1009899 74529296 91286795 12447011 12447011 78839784 973235 36664 1009899 79849683 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 11,851,938. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 231,912. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 363,161. PART XI, LINE 4B - OTHER ADJUSTMENTS: VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 36,664. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED AGAINST RENTAL REVENUE 11,851,938. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 231,912. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 363,161. PART XII, LINE 4B - OTHER ADJUSTMENTS: VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 36,664. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 1961614 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS N/A 488154 ASIA - ARMENIA, BAHRAIN, BRUNEI, CAMBODIA, CHINA, CYPRUS, GEORGIA, 0 0 INVESTMENTS N/A 655417 0 0 0 0 0 0 3105185 0 3105185 1 0 0 0 1 0 X X X X X X X 1 GENEROUS CHANGE LLC 2559 ALABAMA STREET LAWRENCE KS 66046 PROFESSIONAL SERVICES 0 0 8000 -8000 8000 -8000 AL AK AR CA CO CT FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NM NJ NV NY OH OK OR PA RI SC TN UT VA WA WV WI FOOTBALL KICKOFF LUNCHEON 114524 45724 68800 1462 1000 25729 28178 81434 VARSITY KNIGHTS 63440 34310 29130 5086 22179 43224 2 23426 10562 12864 1000 22620 201390 90596 110794 1462 7086 25729 50357 147278 231912 -121118 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. 0 UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 592924021 115(1) 36438114 0 N/A N/A FUNDING FOR PROGRAMS AND SCHOLARSHIPS UCF STADIUM CORPORATION PO BOX 163555 ORLANDO FL 32826 203794571 501(C)(3) 254571 0 N/A N/A ATHLETICS STADIUM SUPPORT UCF ATHLETICS ASSOCIATION INC PO BOX 163555 ORLANDO FL 32826 592334448 501(C)(3) 15513642 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) 388714 0 N/A N/A RESEARCH ACTIVITY 4 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 1 0 0 0 0 0 0 0 0 RODNEY M GRABOWSKI CEO & SENIOR VP FOR ADV. & PART. 0 490855 0 9000 0 538 0 38252 0 24736 0 563381 0 0 MARK WRIGHT ASSC VP, ATHLETICS DEVELOPMENT 0 150710 0 139100 0 2488 0 28155 0 24722 0 345175 0 0 GINA SHOLTIS SENIOR ASSOCIATE VP FOR DEVELOPMENT 0 295082 0 0 0 393 0 30818 0 133 0 326426 0 0 CHARLES ROBERTS ASSISTANT VP, COLLEGE OF MEDICINE DE 0 211526 0 2500 0 572 0 27887 0 27363 0 269848 0 0 HEATHER JUNOD ASSC VP, ALUMNI ENG. & ANNUAL GIVING 0 203437 0 2500 0 538 0 20014 0 23776 0 250265 0 0 RACHEL SCHAEFER ASSOCIATE VP AND CHIEF OF STAFF 0 212769 0 0 0 359 0 20544 0 12262 0 245934 0 0 BECKY FULLMER ASSC. VP FOR OPERATIONS (THRU 5/24) 0 207811 0 3000 0 359 0 20159 0 10768 0 242097 0 0 GLEN DAWES CHIEF FINANCIAL OFFICER (THRU 7/23) 0 150782 0 2500 0 55286 0 14510 0 15444 0 238522 0 0 LORI SHUFF ASST VP, DEV. CORP. FDN. RELATIONS 0 171243 0 2500 0 538 0 16676 0 10687 0 201644 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 $70,078. 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 $5,527. PART I, LINE 3 THE FOUNDATION'S CEO'S SALARY IS ESTABLISHED BY UCF BASED ON AN ASSESSMENT OF THE EXTERNAL MARKET FOR COMPARABLE JOBS. PART I, LINE 4A THE OUTGOING CHIEF FINANCIAL OFFICER RECEIVED LEAVE PAYOUT, WHICH WAS INCLUDED IN THE OTHER REPORTABLE INCOME. THE ASSOCIATE VP - ATHLETICS DEVELOPMENT, RECEIVED AN INCENTIVE BONUS PAY IN CALENDAR YEAR 2023. 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 1217000 5939484 60516 5939484 0 0 1 1 B 4027000 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 3 0 X 0 X 0 X 1 0 X 14 149024 PUBLISHED MKT VALUE X EQUIPMENT 19 0 X MISCELLANEOUS 5 0 0 0 1 1 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. PART I, LINE 33: LINES 1, 4, 5, 6, 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. 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 71936929 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 36438114 CASH PAID UNIVERSITY OF CENTRAL FLORIDA K 17589560 CASH PAID UNIVERSITY OF CENTRAL FLORIDA S 11957396 FMV UNIVERSITY OF CENTRAL FLORIDA R 4835475 FMV