2025-05-22T09:02:53-05:00 2024-09-30 454084437 WARREN AVERETT LLC 2500 ACTON ROAD BIRMINGHAM AL 35243 990 2023-10-01 636022422 AUBURN UNIVERSITY FOUNDATION AUBU 3348447048 PO BOX 3140 AUBURN AL 368313140 ROBERT WELLBAUM PRESIDENT 3348447048 2025-05-12 1 1 MEGAN RANDOLPH P00989558 2059794100 2025-04-01 2023 2025-03-06 01:10:19Z X ROBERT WELLBAUM PO BOX 3140 AUBURN AL 368313140 435679984 0 X WWW.AUBURNGIVING.ORG X 1960 AL THE ORGANIZATION OPERATES FOR THE EXCLUSIVE BENEFIT OF AUBURN UNIVERSITY, AN EDUCATIONAL, LAND-GRANT INSTITUTION WHICH IS TAX EXEMPT UNDER IRC SECTION 115. 21 21 95 1628 -1358586 0 79063156 84728927 144828 147456 23521472 51056635 3172097 3268305 105901553 139201323 51101599 60949069 0 0 404352 562969 0 0 4078793 10971163 14127181 62477114 75639219 43424439 63562104 909567231 1072650055 39970161 44271002 869597070 1028379053 THE ORGANIZATION OPERATES FOR THE EXCLUSIVE BENEFIT OF AUBURN UNIVERSITY, AN EDUCATIONAL, LAND GRANT INSTITUTION. 0 0 60732069 60732069 3105984 GRANTS TO AUBURN UNIVERSITY (AU) FOR ACADEMIC, OUTREACH AND RESEARCH MISSIONS AND ITS SUPPORTING/RELATED ORGANIZATIONS IN SUPPORT OF THEIR ORGANIZATION'S PRIMARY PURPOSES, OUTREACH AND INTERCOLLEGIATE ATHLETICS, IN SUPPORT OF AU. 5821174 0 147456 EXPENDITURES MADE BY AUBURN UNIVERSITY FOUNDATION (AUF) ON BEHALF OF AU IN SUPPORT OF ITS ACADEMIC, OUTREACH AND RESEARCH MISSIONS. 217000 217000 0 GRANTS TO AUBURN UNIVERSITY REAL ESTATE FOUNDATION, INC.(AUREF), FOR OPERATIONS AND THE TRANSFER OF REAL PROPERTIES TO AU FOR PERPETUAL MANAGEMENT. 66770243 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 128 0 1 95 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CO FL IL KY MA MD ME MI MN ND NH NJ NV NY OH OR PA SC WA X X WILLIAM B HUGHES 3348447048 PO BOX 3140 AUBURN AL 368313140 X PAUL JACOBSON CHAIR 2.08 0.25 X X 0 0 0 STEVE CATES VICE CHAIR 2.00 0.27 X X 0 0 0 KATH CARTER TREASURER 1.46 0.00 X X 0 0 0 BEAU BYRD DIRECTOR 1.46 0.15 X 0 0 0 BETH STUKES DIRECTOR 1.69 0.00 X 0 0 0 BRUCE DONNELLAN DIRECTOR 1.77 0.00 X 0 0 0 DAN ARNOLD DIRECTOR 1.85 0.00 X 0 0 0 DAN DAVIDSON DIRECTOR 1.77 0.00 X 0 0 0 GREG WINCHESTER DIRECTOR 1.46 0.20 X 0 0 0 JAVIER GOIZUETA DIRECTOR 1.58 0.00 X 0 0 0 JOE COWAN DIRECTOR 2.08 0.00 X 0 0 0 JOHN STEIN DIRECTOR 1.77 0.00 X 0 0 0 KEN HENDERSON DIRECTOR 1.42 0.00 X 0 0 0 KERRY BRADLEY DIRECTOR 1.46 0.00 X 0 0 0 LESLEE BELLUCHIE DIRECTOR 0.15 0.00 X 0 0 0 MARK FORCHETTE DIRECTOR 1.50 0.00 X 0 0 0 NICK DAVIS DIRECTOR 1.35 0.00 X 0 0 0 NICOLE FAULK DIRECTOR 1.62 0.00 X 0 0 0 PAT HENRY DIRECTOR 1.46 0.27 X 0 0 0 SARAH BROWN DIRECTOR 1.12 0.00 X 0 0 0 SHIRLEY BOULWARE DIRECTOR 1.69 0.00 X 0 0 0 ROBERT WELLBAUM PRESIDENT 9.60 2.00 X 328374 17283 57141 ERIN LEWIS CHEIF OPERATIONS OFFICER 9.20 3.20 X 258917 22514 46522 MARGARET ARNOLD VICE PRESIDENT 6.00 0.80 X 174316 3557 37096 WILLIAM HUGHES CHIEF FINANCIAL OFFICER 23.60 3.20 X 166859 14510 35517 REGENA ISBELL ASSISTANT TREASURER 20.40 0.00 X 141311 0 27502 TIMOTHY JONES THRU 53124 INFORMATION SECURITY OFFICER 5.20 0.40 X 130943 1323 31303 LEE SHEPPARD ASSISTANT TREASURER 22.00 3.20 X 102072 8876 23216 WANDA SPEROW SECRETARY 36.00 2.00 X 89752 4724 25573 LAUREL HENDRIX ASSISTANT SECRETARY 20.00 2.00 X 77727 4091 16351 SHAUNA MONROE ASSISTANT TREASURER 12.80 0.00 X 76332 0 24238 WILLIAM WILLIAMS EXECUTIVE DIRECTOR, REGIONAL DEVELOPMENT 2.00 0.00 X 208820 0 35562 ALESIA DAVENPORT SR DIRECTOR, GIFT PLANNING 2.00 0.00 X 171514 0 27366 DANIEL SASSER CHIEF ENGAGEMENT OFFICER 4.00 0.00 X 153358 0 31907 REBECCA COAN SR MAJOR GIFTS OFFICER 2.00 0.00 X 131647 0 30949 JENNIFER STEPHENS SR. DIR. ADVANCEMENT COMPLIANCE 2.00 0.00 X 126708 0 22015 JOHN MORRIS FORMER PRESIDENT 0.00 0.00 X 238719 42127 23092 2577369 119005 495350 18 1 1 0 TERRA COTTA CATERING CO 415 E MAGNOLIA AVE AUBURN AL 36830 CATERING 769382 AFFINAQUEST LLC 12030 SUNRISE VALLEY DRIVE STE 150 RESTON VA 75267 FUNDRAISING SUPPORT 698409 THE HOTEL AT AUBURN UNIVERSITY 241 SOUTH COLLEGE STREET AUBURN AL 36830 HOSPITALITY 525432 SALESFORCECOM INC PO BOX 39000 DPT 34293 SAN FRANCISCO CA 94139 FUNDRAISING SUPPORT 384807 BLACKBAUD INC 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492 FUNDRAISING SUPPORT 328858 22 145210 2358430 7556 82217731 19960863 84728927 N/D PORTION OF CONTRIBUTION 561499 92334 92334 PROG SRVC REGISTRATION 611710 55122 55122 147456 6745998 -1444329 8190327 69912 69912 880 0 880 880 880 340605138 296294501 44310637 44310637 85727 44224910 275673 145210 184160 91513 91513 ADMIN COST RECOVERY 561000 3102805 3102805 MISCELLANEOUS 561499 3195 3179 16 3106000 139201323 3253440 -1358586 52577542 60949069 60949069 562969 332543 230426 3431228 304189 1958117 1168922 30995 7114 18513 5368 102000 102000 327035 151621 74160 101254 388229 254304 15422 118503 697059 474795 76891 145373 1278980 64930 1212960 1090 118308 116757 13 1538 807183 214240 34079 558864 179172 81068 73823 24281 OFFICIAL GUESTS AND ENT 5640323 3737496 239853 1662974 ADMINISTRATIVE COSTS 584847 78294 474854 31699 OTHER NONPROFESSIONAL O 541822 336366 176955 28501 75639219 66770243 4790183 4078793 X 21283627 55578114 75608395 76469831 1669852 289535 1487023 1380317 335194322 363377538 463811039 560930974 12182825 14913281 909567231 1072650055 535893 521275 15329 119935 39418939 43629792 39970161 44271002 X 44158474 51099665 825438596 977279388 869597070 1028379053 909567231 1072650055 X 63562104 91936213 3283666 X X 0 1 X 1 0 X 47772436 59931770 103548665 79063156 84728927 375044954 47772436 59931770 103548665 79063156 84728927 375044954 22710703 352334251 3606723 2771436 5108595 6450244 8261119 26198117 0 18993 964159 112551 91513 1187216 2405362 2467447 2738270 2970277 3105984 13687340 416117627 660359 0.84670 0.83340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMINISTRATIVE COST RECOVERY REVENUE - 2019 AMOUNT: $ 2,401,287. 2020 AMOUNT: $ 2,465,969. 2021 AMOUNT: $ 2,734,909. 2022 AMOUNT: $ 2,967,592. 2023 AMOUNT: $ 3,102,805. MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 4,075. 2020 AMOUNT: $ 1,478. 2021 AMOUNT: $ 3,361. 2022 AMOUNT: $ 2,685. 2023 AMOUNT: $ 3,179. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 760932936 37952152 139328861 26461497 7131132 904621320 676864002 38360534 76570646 24378762 6483484 760932936 728648614 45446609 65793598 25636565 5801059 676864002 576472255 26847349 149336386 18900725 5106651 728648614 544691937 23841137 30944185 18111703 4893301 576472255 0.03391 0.67334 0.29275 0 1 1 1220174 1220174 449678 289535 160143 1380317 DOMESTIC EQUITY 148263492 F INTERNATIONAL EQUITY 50627296 F EMERGING MARKETS EQUITY 16789353 F GLOBAL PRIVATE CAPITAL 141201853 F ABSOLUTE RETURN 92641202 F GLOBAL LONG/SHORT 179622 F NATURAL RESOURCES/REAL ESTATE/ COMMODITIES 105861841 F DEEDED MINERAL RIGHTS 420000 F OTHER INTERMEDIATE INVESTMENTS 4946315 F 560930974 ANNUITIES PAYABLE 12869400 DUE TO AUBURN ALUMNI ASSOCIATION 11304207 DUE TO TIGERS UNLIMITED FOUNDATION 12645310 DUE TO OTHER RELATED ORGANIZATIONS 3410537 DUE TO OUTSIDE BENEFICIARIES 3205064 DUE TO AUBURN UNIVERSITY 195274 43629792 X 232505662 91936213 1368127 93304340 139201322 0 139201322 75947607 308388 308388 75639219 0 75639219 PART V, LINE 4: ACADEMIC UNIT SUPPORT $196,263,851 FACULTY SUPPORT $198,785,699 STUDENT AID $415,456,723 PROGRAM SUPPORT $26,415,067 RESEARCH SUPPORT $22,380,185 OUTREACH AND PUBLIC SERVICE SUPPORT $9,306,826 CAPITAL AND PLANT SUPPORT $11,748,885 ADMINISTRATIVE SUPPORT $24,264,084 PART X, LINE 2: THE AU FOUNDATION HAS RECEIVED A LETTER FROM THE INTERNAL REVENUE SERVICE RECOGNIZING THE AU FOUNDATION AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE. HOWEVER CERTAIN TYPES OF INCOME MAY BE SUBJECT TO TAX FROM UNRELATED BUSINESS INCOME AS DEFINED BY THE TAX CODE. IN 2024 THE AU FOUNDATION PAID $36,700 OF TAX EXPENSE FOR THE YEAR ENDED SEPTEMBER 30, 2023. THE AU FOUNDATION AND THE REAL ESTATE FOUNDATION HAVE DETERMINED THAT TAX DUE FOR THE YEAR 2024 IS IMMATERIAL. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FOR AU REAL ESTATE FOUNDATION REPORTED ON SEPARATE RETURN -2,099,700. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 3,283,666. INCOME/EXPENSE RECLASSIFICATION 184,161. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FOR AU REAL ESTATE FOUNDATION REPORTED ON SEPARATE RETURN 124,227. INCOME/EXPENSE RECLASSIFICATION 184,161. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 14183593 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 66930254 0 0 0 0 0 0 81113847 0 81113847 1 0 0 1 1 0 HOSPITALITY GALA 296997 55996 241001 3709 14272 47993 27101 49143 PULP & PAPER GOLF 61956 44860 17096 2303 5463 9048 2 61930 44354 17576 6204 2698 11323 4903 420883 145210 275673 12216 16970 64779 27101 63094 184160 91513 1 AUBURN UNIVERSITY 107 SAMFORD HALL AUBURN AL 36849 630000724 115 59629884 711873 COST FIXED ASSETS ACADEMIC, RESEARCH, OUTREACH, NONACADEMIC, FACULTY, CAPITAL SUPPORT, STUDENT SERVICES, INTERCOLLEGIATE ATHLETICS, LIBRARY, INSTITUTIONAL ADMINISTRATION, STUDENT FINANCIAL AID, & OTHER PROGRAM SUPPORT AUBURN ALUMNI ASSOCIATION PO BOX 3140 AUBURN AL 36831 630439459 501(C)(3) 18247 0 N/A N/A ALUMNI RELATIONS AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC PO BOX 3140 AUBURN AL 36831 562535892 501(C)(3) 217000 0 N/A N/A CAPITAL SUPPORT TIGERS UNLIMITED FOUNDATION PO BOX 351 AUBURN AL 36831 364538203 501(C)(3) 372065 0 N/A N/A INTERCOLLEGIATE ATHLETICS 4 0 PART I, LINE 2: THE GRANTEE, AUBURN UNIVERSITY (AU), IS A SECTION 115 ENTITY. AS A LAND-GRANT INSTITUTION OF HIGHER EDUCATION, ITS MAJOR SOURCE OF FUNDS ARE FEDERAL AND STATE APPROPRIATIONS. ITS DISBURSEMENTS ARE GOVERNED BY FEDERAL LAW AND THE STATE OF ALABAMA LAW. ITS TRANSACTIONS ARE SUBJECT TO PUBLIC DISCLOSURE. GRANTS DESIGNATED FOR A SPECIFIC PURPOSE ARE CREDITED TO A FUND ESTABLISHED SPECIFICALLY FOR THAT PURPOSE. AU'S OFFICE OF PROCUREMENT AND BUSINESS SERVICES ENSURES COMPLIANCE WITH RESTRICTIONS SUBJECT TO ANY APPLICABLE LAWS. THE GRANTEE, AUBURN ALUMNI ASSOCIATION (AAA), IS A SECTION 501(C)(3) ENTITY. ITS PRIMARY PURPOSE IS THE CREATION, NURTURING AND STRENGTHENING OF THE TIES BETWEEN AU AND ITS ALUMNI AND FRIENDS THROUGH THE SPONSORSHIP OF PROGRAMS TO ENCOURAGE IDENTIFICATION WITH AND ALLEGIANCE TO THE INTEREST IN AU'S SUCCESS. THE MANAGEMENT OF AAA IS RESPONSIBLE FOR THE EXPENDITURES OF AAA AND REPORTS TO AN ACTIVE BOARD OF DIRECTORS. THE GRANTEE, AUBURN UNIVERSITY REAL ESTATE FOUNDATION, INC (AUREF) IS A SECTION 501(C)(3) ENTITY. ITS PRIMARY PURPOSE IS TO SUPPORT AUBURN UNIVERSITY FOUNDATION (AUF) WHICH IS THE SOLE MEMBER OF THE AUREF. AS THE CONTROLLING ENTITY, AUF HAS THE AUTHORITY TO REVIEW AUREF'S FINANCIAL RECORDS. EACH ENTITY HAS AN ACTIVE BOARD OF DIRECTORS TO WHICH MANAGEMENT IS RESPONSIBLE. THE GRANTEE, TIGERS UNLIMITED FOUNDATION (TUF), IS A SECTION 501(C)(3) ENTITY. ITS PRIMARY PURPOSE IS THE SUPPORT OF AU'S INTERCOLLEGIATE ATHLETICS. TUF'S MANAGEMENT IS RESPONSIBLE FOR ITS EXPENDITURES AND REPORTS TO AN ACTIVE BOARD OF DIRECTORS. X X 1 1 0 0 0 0 0 0 0 0 0 ROBERT WELLBAUM PRESIDENT 328374 17283 0 0 0 0 43022 2264 11475 604 382871 20151 0 0 ERIN LEWIS CHEIF OPERATIONS OFFICER 258917 22514 0 0 0 0 31893 2773 11113 966 301923 26253 0 0 MARGARET ARNOLD VICE PRESIDENT 174316 3557 0 0 0 0 24736 505 11837 242 210889 4304 0 0 WILLIAM HUGHES CHIEF FINANCIAL OFFICER 166859 14510 0 0 0 0 21769 1893 11113 966 199741 17369 0 0 REGENA ISBELL ASSISTANT TREASURER 141311 0 0 0 0 0 19994 0 7732 0 169037 0 0 0 TIMOTHY JONES THRU 53124 INFORMATION SECURITY OFFICER 130943 1323 0 0 0 0 19253 194 11958 121 162154 1638 0 0 WILLIAM WILLIAMS EXECUTIVE DIRECTOR, REGIONAL DEVELOP 208820 0 0 0 0 0 28054 0 7732 0 244606 0 0 0 ALESIA DAVENPORT SR DIRECTOR, GIFT PLANNING 171514 0 0 0 0 0 23415 0 4176 0 199105 0 0 0 DANIEL SASSER CHIEF ENGAGEMENT OFFICER 153358 0 0 0 0 0 20052 0 12079 0 185489 0 0 0 REBECCA COAN SR MAJOR GIFTS OFFICER 131647 0 0 0 0 0 19094 0 12077 0 162818 0 0 0 JOHN MORRIS FORMER PRESIDENT 238719 42127 0 0 0 0 12910 2278 6896 1217 258525 45622 0 0 PART I, LINE 3 AUBURN UNIVERSITY FOUNDATION HAS NO EMPLOYEES; AUBURN UNIVERSITY IS THE COMMON PAYMASTER FOR AUBURN UNIVERSITY FOUNDATION. COMPENSATION IS BASED ON MARKET SURVEYS AND INTERNAL DATA COMPILED BY AUBURN UNIVERSITY'S HUMAN RESOURCES. AUBURN UNIVERSITY HAS A COMPENSATION COMMITTEE THAT MAY CONSIDER AND PROVIDE RECOMMENDATIONS TO THE BOARD ON POLICIES RELATED TO TOTAL COMPENSATION OF UNIVERSITY EMPLOYEES BALANCING GOOD STEWARDSHIP OF INSTITUTIONAL RESOURCES WITH PROMOTION OF A QUALITY WORK FORCE BY PROVIDING COMPETITIVE COMPENSATION. X 374 17614541 FMV X 2 2201265 PRESENT VALUE X INSURANCE PREMIUMS 32 138248 COST X RIGHT OF USE 1 11200 COST 0 0 1 1 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: IN ADDITION TO GENERAL OPERATION SERVICES, AUBURN UNIVERSITY EMPLOYEES PERFORMED FUND RAISING SERVICES SUCH AS SOLICITING, PROCESSING AND DISPOSING OF NONCASH CONTRIBUTIONS SINCE THE AU FOUNDATION HAS NO EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS REVIEWED BY THE AUDIT COMMITTEE AND RECOMMENDED TO THE FULL BOARD OF DIRECTORS FOR A REVIEW PERIOD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A "CONFLICT OF INTEREST AND SELF-DEALING STATEMENT" WAS PRESENTED TO ALL NEW MEMBERS AND ANNUALLY TO RETURNING BOARD MEMBERS BY POLICY. THE STATEMENT INCLUDED THE POLICY AND AN AFFIRMATION SECTION THAT DOCUMENTED ANY POTENTIAL CONFLICT AND WAS SIGNED BY EACH BOARD MEMBER. THIS SIGNED STATEMENT WAS COLLECTED BY THE BOARD SECRETARY AND THE RESULTS WERE REPORTED TO THE CHAIR OF THE BOARD FOR ANY NECESSARY FOLLOW-UP. FORM 990, PART VI, SECTION B, LINE 15 AUBURN UNIVERSITY FOUNDATION HAS NO EMPLOYEES; AUBURN UNIVERSITY IS THE COMMON PAYMASTER FOR AUBURN UNIVERSITY FOUNDATION. COMPENSATION IS BASED ON MARKET SURVEYS AND INTERNAL DATA COMPILED BY AUBURN UNIVERSITY'S HUMAN RESOURCES. AUBURN UNIVERSITY HAS A COMPENSATION COMMITTEE THAT MAY CONSIDER AND PROVIDE RECOMMENDATIONS TO THE BOARD ON POLICIES RELATED TO TOTAL COMPENSATION OF UNIVERSITY EMPLOYEES BALANCING GOOD STEWARDSHIP OF INSTITUTIONAL RESOURCES WITH PROMOTION OF A QUALITY WORK FORCE BY PROVIDING COMPETITIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES THE FOLLOWING GOVERNING DOCUMENTS AVAILABLE ON ITS WEBSITE AT WWW.AUBURNGIVING.ORG: FORM 1023, FORM 990, AND DETERMINATION LETTER. THE AUDITED FINANCIAL STATEMENTS WERE INCLUDED IN AUBURN UNIVERSITY'S AUDITED FINANCIAL STATEMENTS WHICH ARE PUBLIC DOCUMENTS. THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE FOUNDATION'S SECRETARY. FORM 990, PART VII, SECTION A: AUBURN UNIVERSITY IS THE COMMON PAYMASTER FOR AUBURN UNIVERSITY FOUNDATION. AS SUCH, COMPENSATION FROM AUBURN UNIVERSITY IS REPORTED AS COMPENSATION FROM THE FILING ORGANIZATION. REPORTABLE COMPENSATION IS BASED ON THE CALENDAR YEAR ENDING WITHIN THE ORGANIZATION'S TAX YEAR. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 3,283,666. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM PRIOR YEAR. AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC PO BOX 3140 AUBURN AL 36831 562535892 SUPPORT AUBURN UNIVERSITY FOUNDATION AL 501(C)(3) 170(B)(1)(A) (VI) AUBURN UNIVERSITY FOUNDATION 1 0 1 1 0 1 0 0 0 0 0 0 1 1 1 1 0 1 0 0 AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC B 217000 COST AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC C 2358430 COST AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC E 93118 COST