2023-05-15T12:08:30-04:00 2022-06-30 621170651 BROWN JAKE & MCDANIEL PC 2607 KINGSTON PIKE SUITE 110 KNOXVILLE TN 379193336 990 2021-07-01 621844686 THE UNIVERSITY OF TENNESSEE FOUNDATION INC UNIV 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 ADAM HELLER TREASURER & CFO 8659748926 2023-05-15 true ADAM HELLER 999009999 JAMES E BOOHER CPA P00286127 8656378600 2023-05-15 2021 2023-04-26 12:10:37Z KERRY W WITCHER 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 225358367 false X WWW.UTFI.ORG X 2001 TN THE FOUNDATION ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP AND PRIVATE GIFT SUPPORT. 22 21 294 2700 0 152110486 157873961 0 17153275 19993991 29540913 47490415 198804674 225358367 37339974 51628160 0 29120087 33752524 38975 0 0 13902678 57904845 80401714 143285529 118402960 82072838 742610209 780706685 15349422 31044510 727260787 749662175 THE FOUNDATION ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP AND PRIVATE GIFT SUPPORT. false false 108064241 51628160 TO COMPLY WITH DONOR STIPULATIONS, EARNINGS FROM INVESTED ENDOWMENT FUNDS WERE TRANSFERRED TO THE UNIVERSITY OF TENNESSEE. THE EARNINGS WILL BE USED FOR SCHOLARSHIPS, FELLOWSHIPS, LIBRARIES, RESEARCH, AND OTHER ACADEMIC RELATED PURPOSES. ALSO, AMOUNTS FUNDED BY RESTRICTED GIFTS FROM DONORS WERE PAID TO THE UNIVERSITY TO COVER THE COSTS OF CONSTRUCTION, RENOVATIONS AND VARIOUS OTHER PROJECTS. 108064241 true true false false false false false false false true false true false false true true true true false false false false false false false false false true false true false false false false false false false false true false false false true false false false false true 44 0 294 true false false false false false true true false false false false false false X 22 21 false false false false false false false true true false true true true true true true true true true true false X ADAM HELLER 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 RONALD E FRIESON CHAIR 0.50 X X 0 0 0 ALAN WILSON VICE CHAIR 0.50 X X 0 0 0 RANDAL D BOYD DIRECTOR 0.50 X 0 0 0 HANS N AIREE DIRECTOR 0.50 X 0 0 0 STEVEN ANGLE DIRECTOR 0.50 X 0 0 0 JEANNIE BEAUCHAMP DIRECTOR 0.50 X 0 0 0 ISAAC BENNETT DIRECTOR 0.50 X 0 0 0 CHRISTOPHER B BOLLINGER DIRECTOR 0.50 X 0 0 0 KAREN BOWLING DIRECTOR 0.50 X 0 0 0 PETER BUCKLEY DIRECTOR 0.50 X 0 0 0 PHILLIP A CLENDENIN DIRECTOR 0.50 X 0 0 0 KIMBERLY W CROSS DIRECTOR 0.50 X 0 0 0 ROBERT F DECOSIMO DIRECTOR 0.50 X 0 0 0 DOUG HANEY DIRECTOR 0.50 X 0 0 0 JUDITH HERBERT DIRECTOR 0.50 X 0 0 0 RENEE IACONA DIRECTOR 0.50 X 0 0 0 DEBBIE INGRAM DIRECTOR 0.50 X 0 0 0 KATHY W LEDBETTER DIRECTOR 0.50 X 0 0 0 EMILY C LOVE DIRECTOR 0.50 X 0 0 0 CHARLES A WAGNER III DIRECTOR 0.50 X 0 0 0 RICHARD WARREN DIRECTOR 0.50 X 0 0 0 JAMIE WOODSON DIRECTOR 0.50 X 0 0 0 KERRY W WITCHER PRESIDENT 40.00 X 235465 0 62293 ADAM HELLER TREASURER & 40.00 X 164754 0 47168 RACHAEL R LEBLANC SECRETARY 40.00 X 67739 0 38913 WILLIAM R BRYANT JR DEVELOPMENT 40.00 X 434003 0 98030 LOVE COLLINS III DEVELOPMENT 40.00 X 357781 0 58695 WOODROW M HENDERSON DEVELOPMENT 40.00 X 307897 0 60071 KURT J GULBRAND DEVELOPMENT 40.00 X 237818 0 50806 DUANE WILES DEVELOPMENT 40.00 X 246493 0 53016 BETHANY K GOOLSBY DEVELOPMENT 40.00 X 241528 0 58986 KEITH D BARBER DEVELOPMENT 40.00 X 234124 0 57031 STEPHEN H CATLETT DEVELOPMENT 40.00 X 204000 0 32449 ANDREW THOMAS SHEEHY DEVELOPMENT 40.00 X 188256 0 69162 JAMES F OBEAR DEVELOPMENT 40.00 X 194276 0 50387 BRIAN D SHUPE DEVELOPMENT 40.00 X 183076 0 66430 STATLER S REAGAN DEVELOPMENT 40.00 X 187556 0 46158 CHARLES DEAL DEVELOPMENT 40.00 X 182807 0 38933 MICHAEL O CARTER DEVELOPMENT 40.00 X 177586 0 50143 BENJAMIN WEST DEVELOPMENT 40.00 X 163964 0 39427 BRIAN BROYLES DEVELOPMENT 40.00 X 167030 0 47539 A ERICK WEBER DEVELOPMENT 40.00 X 153107 0 45414 MICHAEL MCCAY DEVELOPMENT 40.00 X 145100 0 57424 TIMOTHY P LANIER DEVELOPMENT 40.00 X 140591 0 44946 GREGORY R HARRIS DEVELOPMENT 40.00 X 142741 0 43932 CHANDRA TUGGLE DEVELOPMENT 40.00 X 138654 0 47371 4896346 1264724 23 false true false 157873961 22110686 157873961 19993991 19993991 CONTRACT WITH UT 30899187 30899187 LONE OAKS 16500000 16500000 UTRF DIRECT SUPPORT 90118 90118 1110 1110 47490415 225358367 67484406 51628160 51628160 5285457 5285457 21249653 6113341 15136312 2321489 439567 1881922 3198522 592214 2606308 1697403 319580 1377823 8796554 5309333 3487221 724189 138903 585286 1598045 940521 657524 CAPITAL PROJECTS 36982198 36982198 SUPPLIES 3977562 2461380 1516182 OTHER 2723336 2058038 665298 ENTERTAINMENT 2399079 855090 1543989 703882 225916 477966 143285529 108064241 35221288 0 11133 34427 78517474 75536156 171264387 146416653 208920 21578339 486278340 534264824 6329955 2876286 742610209 780706685 673653 253527 14675769 30790983 15349422 31044510 X 33753114 32160669 693507673 717501506 727260787 749662175 742610209 780706685 X 82072838 -58815755 -855695 X false true X true false X 122903753 131894204 104991149 152110486 157873961 669773553 122903753 131894204 104991149 152110486 157873961 669773553 19386680 650386873 11191456 13335869 14970781 17557939 19993991 77050036 27899200 28294650 29422946 29136249 47490415 162243460 909067049 0.71540 0.72060 X PART II, LINE 10 WOOTEN FARM RENT 78,303 OTHER 17,464,892 CONTRACT WITH UT 144,700,265 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 474042823 44246008 -25409171 15680696 477198964 318493543 82158808 86638728 13248256 474042823 312493308 28359371 -11268338 11090798 318493543 259707807 53981511 7988356 9184366 312493308 227893785 30296960 9417173 7900111 259707807 1.00000 false false UT INVESTMENT POOL 414870463 F INVESTMENTS - LCG 95424682 F FIRST TENNESSEE TRUST 19981310 F ENDOWMENT HELD @ FIDELITY 2732855 F INVESTMENTS - RAYMOND JAMES 1255514 F 534264824 DUE TO UNIVERSITY 16971163 ANNUITY PAYABLE 11373692 ACCRUED ANNUAL LEAVE 2446128 30790983 X 167804838 -58815755 2117921 -855695 -57553529 225358367 225358367 145403450 2117921 2117921 143285529 143285529 SCHEDULE D, PAGE 2, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUND IS TO BENEFIT THE UNIVERSITY OF TENNESSEE FOR VARIOUS DONOR RESTRICTED PURPOSES. SCHEDULE D, PAGE 3, PART X THE FOUNDATION FOLLOWS THE PROVISIONS OF FASB ASC 740-10-25. UNDER THIS STANDARD, AN ORGANIZATION MUST RECOGNIZE THAT TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF THIS STANDARD HAS HAD NO IMPACT ON THE FOUNDATIONS FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED JUNE 30, 2022, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN ACTUARIAL VALUE OF GIFT ANNUITIES -855,695 false THE UNIVERSITY OF TENNESSEE 301 ANDY HOLT TOWER KNOXVILLE TN 37996 626001636 GOV 51628160 EDUCATIONAL 1 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION REIMBURSES THE UNIVERSITY AFTER THE DONOR REQUIREMENTS ARE MET. false false false false false false false false false KERRY W WITCHER PRESIDENT 235465 29719 32574 297758 ADAM HELLER TREASURER & CFO 164754 16444 30724 211922 WILLIAM R BRYANT JR DEVELOPMENT 365003 69000 63125 34905 532033 LOVE COLLINS III DEVELOPMENT 357781 28050 30645 416476 WOODROW M HENDERSON DEVELOPMENT 280942 26955 30810 29261 367968 KURT J GULBRAND DEVELOPMENT 223468 14350 19824 30982 288624 DUANE WILES DEVELOPMENT 226243 20250 21660 31356 299509 BETHANY K GOOLSBY DEVELOPMENT 241528 27236 31750 300514 KEITH D BARBER DEVELOPMENT 234124 25560 31471 291155 STEPHEN H CATLETT DEVELOPMENT 187800 16200 20041 12408 236449 ANDREW THOMAS SHEEHY DEVELOPMENT 170681 17575 38689 30473 257418 JAMES F OBEAR DEVELOPMENT 179876 14400 19865 30522 244663 BRIAN D SHUPE DEVELOPMENT 166582 16494 36181 30249 249506 STATLER S REAGAN DEVELOPMENT 170916 16640 18514 27644 233714 CHARLES DEAL DEVELOPMENT 182807 19469 19464 221740 MICHAEL O CARTER DEVELOPMENT 177586 19656 30487 227729 BENJAMIN WEST DEVELOPMENT 163964 16865 22562 203391 BRIAN BROYLES DEVELOPMENT 152530 14500 17082 30457 214569 A ERICK WEBER DEVELOPMENT 144526 8581 15602 29812 198521 MICHAEL MCCAY DEVELOPMENT 132100 13000 28454 28970 202524 TIMOTHY P LANIER DEVELOPMENT 140591 15040 29906 185537 GREGORY R HARRIS DEVELOPMENT 142741 14113 29819 186673 CHANDRA TUGGLE DEVELOPMENT 138654 29033 18338 186025 X 584 21900686 HIGH/LOW STOCK PRICE AVG X 1 210000 APPRAISAL 58 false true true SCHEDULE M, PAGE 1, PART I, LINE 32B REALTORS ARE USED TO LIST AND SELL THE REAL ESTATE GIFTS RECEIVED. STOCK BROKERS ARE USED TO SELL STOCK RECEIVED. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD. FORM 990, PAGE 6, PART VI, LINE 12C ALL BOARD MEMBERS PROVIDE SIGNED STATEMENTS REGARDING THEIR KNOWLEDGE OF THE CONFLICT OF INTEREST POLICY AND IF A CONFLICT ARISES, DISCUSS IN ADVANCE OF ANY DECISIONS REGARDING THE CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE FOUNDATION FOLLOWS THE UNIVERSITY OF TENNESSEE PERSONNEL POLICY. FORM 990, PAGE 6, PART VI, LINE 15B OFFICER COMPENSATION IS SET BY THE BOARD ON RECOMMENDATION OF THE CEO PURSUANT THE FOUNDATION COMPENSATION POLICY AND BYLAWS. FORM 990, PAGE 6, PART VI, LINE 19 IF REQUESTED, HARD COPIES OF DOCUMENTS ARE PROVIDED AT THE FOUNDATION'S OFFICE. FORM 990, PART XI, LINE 9 CHANGE IN ACTUARIAL VALUE OF GIFT ANNUITIES -855,695 UTFI REAL ESTATE LLC 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 REAL EST. TN 1105000 2206700 N/A