INDIANA UNIVERSITY FOUNDATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- INDIANA UNIVERSITY FOUNDATION (EIN 35-6018940)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-07
- IRS object ID
- 202211279349300936
- Schema version
- 2020v4.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-07T19:50:40-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 S Wacker Drive Ste 3300 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 356018940 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Indiana University Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INDI | BusinessNameControlTxt |
| Phone | 8128558311 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 500 | AddressLine1Txt |
| City | Bloomington | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47402 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | J T Forbes | PersonNm |
| Person Title | President and CEO | PersonTitleTxt |
| Phone | 8128558311 | PhoneNum |
| Signature | 2022-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | J | PersonFirstNm |
| Person Last | Forbes | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebekuh Eley | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 3126343400 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | J T Forbes | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 500 | AddressLine1Txt |
| City | Bloomington | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,059,484,470 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.iufoundation.iu.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | To maximize private philanthropic support for Indiana University | ActivityOrMissionDesc |
| Voting Members Governing Body | 51 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 50 | VotingMembersIndependentCnt |
| Total Employee | 342 | TotalEmployeeCnt |
| Total Volunteers | 1700 | TotalVolunteersCnt |
| Total Gross UBI | -$3,882,755 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $211,341,140 | PYContributionsGrantsAmt |
| CY Contributions Grants | $176,613,027 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $33,441,906 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,926,377 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$2,856,201 | PYInvestmentIncomeAmt |
| CY Investment Income | $150,847,486 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$13,381,994 | PYOtherRevenueAmt |
| CY Other Revenue | -$1,494,580 | CYOtherRevenueAmt |
| PY Total Revenue | $228,544,851 | PYTotalRevenueAmt |
| CY Total Revenue | $362,892,310 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $170,290,408 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $161,654,597 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $24,819,323 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $24,908,413 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $21,713,878 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $43,225,425 | PYOtherExpensesAmt |
| CY Other Expenses | $44,606,523 | CYOtherExpensesAmt |
| PY Total Expenses | $238,335,156 | PYTotalExpensesAmt |
| CY Total Expenses | $231,169,533 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$9,790,305 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $131,722,777 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,105,176,215 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,047,053,926 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $412,072,691 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $508,775,286 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,693,103,524 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,538,278,640 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Indiana University Foundation (IUF) maximizes private philanthropic support for Indiana University by fostering lifelong relationships with key stakeholders and providing advancement leadership and fundraising services (Continued on Schedule O, page 56) for campuses and units across the university. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $60,003,059 | ExpenseAmt |
| Grant | $60,003,059 | GrantAmt |
| Revenue | $11,238,627 | RevenueAmt |
| Desc | Student Scholarship and Financial Aid support - Indiana University undergraduate and graduate students received over $60 million in scholarships, fellowships, loans and awards from private gift support. Students received scholarship support across all programs and units of the University. With the University seeing record enrollment numbers, private gift support is critical to ensuring that all willing students are able to explore their educational opportunities, experience college life, and efficiently manage tuition costs and debt loads. In 2021, approximately 14,000 scholarships supporting University students were funded by private gift support. (See Schedule O; page 56 for additional discussion)IUF emphasizes and incentivizes philanthropic support of scholarships. Matching funds provided for donor gifts of $50,000 or more, incentivize giving to endowed scholarships and fellowships. IU and IUF development officers engage prospects with regard to the financial needs of students and are educated about student financial needs. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $46,354,800 | ExpenseAmt |
| Grant | $46,354,800 | GrantAmt |
| Revenue | $8,682,296 | RevenueAmt |
| Desc | Faculty Support and Research - With nearly $46.4 million from IUF, University faculty and staff received additional support allowing for increased research opportunities and improved classroom experiences for all students. Private gift support helps meet the University's goal to attract and retain world-class faculty, which ultimately attracts the best and brightest students. During 2021, the number of endowed faculty positions (chairs, professorships and fellowships)totaled over 540. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $34,996,978 | ExpenseAmt |
| Grant | $34,996,978 | GrantAmt |
| Revenue | $6,554,965 | RevenueAmt |
| Desc | Academic & Student Program Support - The IUF provided over $35.2 million to the University to support academic & student programs. These funds enable dedicated students to develop skills and knowledge for growth and success by offering high-quality, responsive academic and student programs by employing best practices in teaching and learning; adding to the accumulated body of knowledge and creative work; enriching the community through cultural leadership and providing resources for problem solving. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $20,299,760 | $20,299,760 | $3,802,164 | Endowment Capital Additions and FacilitiesThe IUF provided nearly $20.3 million to the University in support of new building construction, renovation and equipment needs. State-of-the-art facilities help the University attract high-caliber faculty and students. These facilities provide space, environments, and technologies that promote the highest levels of teaching, learning and research. |
| $35,495,428 | $6,648,325 | Investment Management The primary investment objective of the IUF's Pooled Long Term Fund asset management program is to achieve an annualized total return (net of fees and expenses), through appreciation and income, equal to or greater than the rate of inflation plus any spending and administrative expenses thus, at a minimum, maintaining the purchasing power of those assets managed by the IUF. The assets are to be managed in a manner that will meet the primary investment objective, and where possible, to seek growth above the objective, while at the same time attempting to limit volatility for year-to-year spending.The IUF has adopted endowment investment and spending policies that attempt to provide a purchasing power of endowment assets. Under this policy, endowment assets are invested in a manner that is intended to yield a long-term rate of return that exceeds the distribution rate, inflation, and administrative fees of the endowment, while assuming a prudent level of investment risk. Actual results may not be sufficient to achieve this over some shorter time frames.Working with top-tier investment managers allows IUF to appropriately diversify our investment portfolio to achieve target returns with less volatility than achieved with traditional investments. Reducing volatility is imperative to those who rely on annual endowment income, such as students receiving renewable scholarships or faculty receiving annual salary support. Investment performance has historically exceeded our targets net of fees to managers. Over the past decade, we have outperformed our target weighted benchmark by 0.8% per annum. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $55,795,188 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $20,299,760 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $10,450,489 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $197,150,025 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | Yes (1) | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 121 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 342 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 7 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | Yes (1) | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 51 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 50 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Catherine L Melvin | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8128558311 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 500 | AddressLine1Txt |
| City | Bloomington | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (68 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| Daniel C Smith | ||||||||
| President & CEO | 40.00 | Yes (X) | $793,473 | $0 | $66,212 | |||
| Gary Stratten | ||||||||
| Exec. VP Investments & CIO | 40.00 | Yes (X) | $516,594 | $0 | $75,066 | |||
| Richard Dupree | ||||||||
| Executive VP for Development | 40.00 | Yes (X) | $480,245 | $0 | $53,349 | |||
| James Bergstrom | ||||||||
| Co- Chief Investment Officer | 40.00 | $300,981 | $0 | $75,488 | Yes (X) | |||
| D Abe Weldy | ||||||||
| Co- Chief Investment Officer | 40.00 | $305,835 | $0 | $69,798 | Yes (X) | |||
| Jeffrey D Stumpf | ||||||||
| Exec VP for Finance & Operations | 40.00 | Yes (X) | $299,998 | $0 | $69,830 | |||
| Joyce Rogers | ||||||||
| Interim EVP for Development | 40.00 | Yes (X) | $288,202 | $0 | $71,698 | |||
| Dorothy Metaj | ||||||||
| VP Development,Indianapolis | 40.00 | $287,834 | $0 | $58,210 | Yes (X) | |||
| Paula Jenkins | ||||||||
| VP Development, Bloomington | 40.00 | $268,860 | $0 | $57,085 | Yes (X) | |||
| Stacy Knapper | ||||||||
| Exec VP, Gen Counsel, Corp Board Sec | 40.00 | Yes (X) | $233,457 | $0 | $67,166 | |||
| Jeffrey Lindauer | ||||||||
| Vice President Advancement Services & Managing Dir | 40.00 | $242,539 | $0 | $43,661 | Yes (X) | |||
| Mary Bonk | ||||||||
| VP, Advancement Data Tech Services | 40.00 | $233,637 | $0 | $51,456 | Yes (X) | |||
| Anne Wymore | ||||||||
| Associate Vice President, Marketing and Annual Giv | 40.00 | $216,647 | $0 | $60,747 | Yes (X) | |||
| Bryan Melvin | ||||||||
| Vice President Development,Prin Gifts | 40.00 | $227,022 | $0 | $49,834 | Yes (X) | |||
| Sarah Beggs | ||||||||
| Chief of Staff & VP Stratg Initiv | 40.00 | $211,775 | $0 | $64,504 | Yes (X) | |||
| JT Forbes | ||||||||
| Interim President and CEO | 40.00 | Yes (X) | $0 | $0 | $0 | |||
| Steven A Martin | ||||||||
| Assistant Corp Secretary | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Michael A McRobbie | ||||||||
| Board Chair, IUF Board Dir | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Gregg T Summerville | ||||||||
| Treasurer | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Aasif M Bade | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| MaryEllen Bishop | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Kathryn R Booth | ||||||||
| Vice Chairman | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| William Q Buckner | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Derrick Burks | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Julie Davis | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Theodore D Dickman | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| David G Elmore | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| David C Evans | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Curtis A Ferguson | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Jeff M Fettig | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| James Fielding | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Harry L Gonso | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Alan B Graf | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Dena Rae Hancock | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Ann S Harrison | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Alisa L Hendrix | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| James R Hodge | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| V William Hunt | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Julie Inskeep | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| David H Jacobs Jr | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Lacy M Johnson | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Rick L Johnson Jr | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Louis G Jordan | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Jane M Jorgensen | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Sandra E Laney | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Dale Ellen Leff | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Kathleen Ligocki | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Patrica A Martin | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Rose C Mays | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Robert H McKinney | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Rodney M Miller Sr | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| John Timothy Tim Morris | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Michael J Mirro | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Joseph T Morrow | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Kim I Pressman | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| James Robert Rob Quigg III | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Victor E Renuart | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Glenn Scolnik | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Richard C Searles | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Randolph L Seger | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Pat Shoulders | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Michael D Shumate | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Cynthia S Skjodt | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Linda S Watson | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| W Michael Wells | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Richard E Woosnam | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Robert L Zerbe | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Julie Christopher | ||||||||
| IUF Board Director | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,907,099 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $934,104 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 56 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Cambridge Associates LLC | |||||
| PO Box 412015 | Boston | MA | 022412015 | Consulting | $1,462,500 |
| Hylant Group | |||||
| 100 S College Avenue | Bloomington | IN | 47404 | Insurance Services | $707,744 |
| Champlain Investment Partners | |||||
| 180 Battery Street | Burlington | VT | 05401 | Investment Manager | $674,869 |
| Crosstown Redevelopment | |||||
| 1507 S Piazza Dr | Bloomington | IN | 47401 | Building Contractor | $645,317 |
| Cramer Rosenthal McGlynn LLC | |||||
| 75 Remittance Drive | Chicago | IL | 60675 | Investment Manager | $638,740 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $176,613,027 | AllOtherContributionsAmt |
| Noncash Contributions | $20,432,900 | NoncashContributionsAmt |
| Total Contributions | $176,613,027 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Management Fees | 900099 | $24,130,557 | $24,130,557 | |
| Real Estate | 900099 | $6,192,900 | $6,154,813 | $38,087 |
| Development Sv Support | 900099 | $4,404,364 | $4,404,364 | |
| Events and Conferences | 900099 | $304,646 | $304,646 | |
| Air Services | 900099 | $214,937 | $214,937 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,678,973 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,678,973 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,926,377 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,051,063 | TotalRevenueColumnAmt |
| Exclusion | $30,051,063 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,658 | TotalRevenueColumnAmt |
| Exclusion | $50,658 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $816,897,172 | SecuritiesAmt |
| Other | $240,970 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $695,651,206 | SecuritiesAmt |
| Other | $690,513 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $121,245,966 | SecuritiesAmt |
| Other | -$449,543 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $120,796,423 | TotalRevenueColumnAmt |
| Exclusion | $120,796,423 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $82,216 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $250,441 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$168,225 | TotalRevenueColumnAmt |
| Exclusion | -$168,225 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Life Ins inc & proc | 900099 | $2,520,929 | $2,520,929 | |
| Sponsorship | 900099 | $22,900 | $22,900 | |
| Income/Loss from K-1's | 525990 | -$3,920,842 | -$3,920,842 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$1,377,013 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $362,892,310 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,888,290 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$3,882,755 | UnrelatedBusinessRevenueAmt |
| Exclusion | $153,273,748 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,642,597 | TotalAmt |
| Program Services | $161,642,597 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,000 | TotalAmt |
| Program Services | $12,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,328,761 | TotalAmt |
| Management And General | $1,593,630 | ManagementAndGeneralAmt |
| Fundraising | $2,735,131 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $295,749 | TotalAmt |
| Management And General | $108,880 | ManagementAndGeneralAmt |
| Fundraising | $186,869 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,081,724 | TotalAmt |
| Management And General | $5,373,842 | ManagementAndGeneralAmt |
| Fundraising | $7,707,882 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,124,347 | TotalAmt |
| Management And General | $653,754 | ManagementAndGeneralAmt |
| Fundraising | $1,470,593 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,702,434 | TotalAmt |
| Management And General | $1,016,950 | ManagementAndGeneralAmt |
| Fundraising | $2,685,484 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,375,398 | TotalAmt |
| Management And General | $422,958 | ManagementAndGeneralAmt |
| Fundraising | $952,440 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,101 | TotalAmt |
| Management And General | $50,983 | ManagementAndGeneralAmt |
| Fundraising | $14,118 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,413,526 | TotalAmt |
| Management And General | $727,193 | ManagementAndGeneralAmt |
| Fundraising | $686,333 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,495,428 | TotalAmt |
| Program Services | $35,495,428 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,869 | TotalAmt |
| Management And General | $54,869 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,183,404 | TotalAmt |
| Management And General | $380,830 | ManagementAndGeneralAmt |
| Fundraising | $802,574 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,080,118 | TotalAmt |
| Management And General | $98,137 | ManagementAndGeneralAmt |
| Fundraising | $1,981,981 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,362,696 | TotalAmt |
| Management And General | $1,070,095 | ManagementAndGeneralAmt |
| Fundraising | $1,292,601 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $497,702 | TotalAmt |
| Management And General | $207,872 | ManagementAndGeneralAmt |
| Fundraising | $289,830 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,007 | TotalAmt |
| Management And General | $146,351 | ManagementAndGeneralAmt |
| Fundraising | $105,656 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $411,708 | TotalAmt |
| Management And General | $114,846 | ManagementAndGeneralAmt |
| Fundraising | $296,862 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $789,964 | TotalAmt |
| Management And General | $284,440 | ManagementAndGeneralAmt |
| Fundraising | $505,524 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,169,533 | TotalAmt |
| Program Services | $197,150,025 | ProgramServicesAmt |
| Management And General | $12,305,630 | ManagementAndGeneralAmt |
| Fundraising | $21,713,878 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,090,085 | BOYAmt |
| EOY | $196,350,560 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $284,726,734 | BOYAmt |
| EOY | $260,337,699 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,297,893 | BOYAmt |
| EOY | $47,353,381 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $126,241,632 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $35,993,660 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,197,110 | BOYAmt |
| EOY | $90,247,972 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,170,605,743 | BOYAmt |
| EOY | $1,642,354,848 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,395,258,650 | BOYAmt |
| EOY | $1,810,409,466 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,105,176,215 | BOYAmt |
| EOY | $4,047,053,926 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,869,110 | BOYAmt |
| EOY | $6,913,664 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $258,641,047 | BOYAmt |
| EOY | $350,149,375 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $327,618 | BOYAmt |
| EOY | $277,857 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,234,916 | BOYAmt |
| EOY | $151,434,390 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $412,072,691 | BOYAmt |
| EOY | $508,775,286 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,993,293 | BOYAmt |
| EOY | $148,938,403 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,593,110,231 | BOYAmt |
| EOY | $3,389,340,237 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,693,103,524 | BOYAmt |
| EOY | $3,538,278,640 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,105,176,215 | BOYAmt |
| EOY | $4,047,053,926 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $131,722,777 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $695,651,206 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $17,801,133 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $193,068,041 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $291,244,689 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $201,530,833 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $211,341,140 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $176,613,027 | CurrentTaxYearAmt |
| Total | $1,073,797,730 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $193,068,041 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $291,244,689 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $201,530,833 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $211,341,140 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $176,613,027 | CurrentTaxYearAmt |
| Total | $1,073,797,730 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $19,891,036 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,053,906,694 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,328,539 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $33,785,966 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,789,637 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,372,746 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,101,721 | CurrentTaxYearAmt |
| Total | $117,378,609 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $588,247 | CurrentTaxYearMinus4YearsAmt |
| Total | $588,247 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,587,470 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,490,970 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,515,297 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $381,010 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,543,829 | CurrentTaxYearAmt |
| Total | $13,518,576 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,205,283,162 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $156,976,930 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87440 | PublicSupportCY170Pct |
| Public Support PY170 | 0.87580 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Structure | Yes (X) | HistoricStructureInd |
| Total Easements | 1 | TotalEasementsCnt |
| Total Acreage | 0.00 | TotalAcreageCnt |
| Historic Structure Easements | 1 | HistoricStructureEasementsCnt |
| Historic Strctr Easements Aftr | 1 | HistoricStrctrEasementsAftrCnt |
| Modified Easements | 0 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | 0 | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 2.00 | StaffHoursSpentEnforcementCnt |
| Section170h Rqr Stsfd | Yes (1) | Section170hRqrStsfdInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,185,288,413 | BeginningYearBalanceAmt |
| Contributions | $142,524,070 | ContributionsAmt |
| Investment Earnings Or Losses | $771,579,534 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$98,191,215 | OtherExpendituresAmt |
| End Year Balance | $3,001,200,803 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,232,516,054 | BeginningYearBalanceAmt |
| Contributions | $115,542,040 | ContributionsAmt |
| Investment Earnings Or Losses | -$69,455,401 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$93,314,280 | OtherExpendituresAmt |
| End Year Balance | $2,185,288,413 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,143,899,402 | BeginningYearBalanceAmt |
| Contributions | $96,296,918 | ContributionsAmt |
| Investment Earnings Or Losses | $91,176,970 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$98,857,236 | OtherExpendituresAmt |
| End Year Balance | $2,232,536,103 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,983,221,076 | BeginningYearBalanceAmt |
| Contributions | $126,401,421 | ContributionsAmt |
| Investment Earnings Or Losses | $140,187,262 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$105,910,357 | OtherExpendituresAmt |
| End Year Balance | $2,143,899,402 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,764,503,798 | BeginningYearBalanceAmt |
| Contributions | $125,413,610 | ContributionsAmt |
| Investment Earnings Or Losses | $194,248,892 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$100,945,225 | OtherExpendituresAmt |
| End Year Balance | $1,983,221,076 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01800 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.69500 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.28700 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $31,050,125 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $29,067,563 | OtherCostOrOtherBasisAmt |
| Book Value | $60,117,688 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $61,138,908 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,771,489 | DepreciationAmt |
| Book Value | $29,367,419 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,281,675 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,196,971 | DepreciationAmt |
| Book Value | $84,704 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,703,361 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,025,200 | DepreciationAmt |
| Book Value | $678,161 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $90,247,972 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Institutional Funds, Cash and Equiv & Commercial Paper | $43,097,186 | F |
| Private Equity | $1,767,312,280 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,810,409,466 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Split Interest Agreement Obligation | $44,399,184 |
| Collateral Under Securities Lending Agreement | $60,905,163 |
| Due to Brokers | $46,130,043 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $151,434,390 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,050,182,177 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $714,747,951 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $4,116,504 | OtherRevenueAmt |
| Revenue Not Reported | $718,864,455 | RevenueNotReportedAmt |
| Revenue Subtotal | $331,317,722 | RevenueSubtotalAmt |
| Other Revenues Not Included | $31,574,588 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $31,574,588 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $362,892,310 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $205,007,061 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $9,332,959 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $9,332,959 | ExpensesNotReportedAmt |
| Expenses Subtotal | $195,674,102 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $35,495,431 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $35,495,431 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $231,169,533 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II, Line 9: | IUF reports its conservation easement on the income statement consistent with treatment for ordinary revenues and expenses on the financial statements. The building with the historical easement is being reported on the balance sheet at cost and is being depreciated over the life of the building. |
| Part IV, Line 2b: | The Foundation invests and administers net assets owned by the University and its affiliates under a management and custodial agreement. These are reflected as liabilities on the Foundation's statements of financial position. |
| Part V, Line 4: | The intended uses of the organization's endowment funds are to support Indiana University as it carries out its missions of teaching, research and public service. |
| Part X, Line 2: | Accounting Standards Codification (ASC) 740-10, Accounting for Uncertainty in Income Taxes, prescribes a comprehensive model for how an organization should measure, recognize, present, and disclose in its financial statements uncertain tax positions that an organization has taken or expects to take on a tax return. The IUF is subject to routine audits by taxing jurisdications; however, there are currently no audits for any tax periods in progress. The IUF believes it is no longer subject to income examinations for years prior to 2018. As of June 30, 2021 and 2020, the IUF has no uncertain tax positions. |
| Part XI, Line 2d - Other Adjustments: | Fundraising Event Expenses 250,441. Rental Expense 3,866,063. |
| Part XI, Line 4b - Other Adjustments: | Management Fees 35,495,428. Income/Loss from K-1's -3,920,842. Rounding 2. |
| Part XII, Line 2d - Other Adjustments: | Fundraising Event Expenses 250,441. Uncollectable Pledges 5,216,455. Rental Expense 3,866,063. |
| Part XII, Line 4b - Other Adjustments: | Management Fees 35,495,428. Rounding 3. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investment | $184,970,795 |
| Europe | 0 | 0 | Investment | $28,451,998 |
| North America | 0 | 0 | Investment | $18,838,984 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $232,261,777 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $232,261,777 | TotalSpentAmt |
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2: | The grant and assistance payments are verified with internal documents to ensure donor intent and criteria have been met before the payments are made. |
| Part III Accounting Method: | |
| Schedule F, Part I, Line 3: | The foreign activities that the IUF has been able to reasonably identify for either direct or indirect (thru reimbursement) support have been listed in Schedule F. The IUF exists to support the activities of Indiana University. There are activities supported by Indiana University, both domestic and foreign, that are reimbursed from IUF accounts. The IUF does not have a reasonable means to determine precisely if expenses reimbursed to Indiana University are foreign or domestic in nature. Appropriate due diligence has been taken to identify those which may be reportable. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Little 500 Races | Event1Nm |
| Gross Receipts Event1 | $75,123 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $75,123 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $6,500 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $72,649 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $62,755 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $106,291 | OtherDirectExpensesEvent1Amt |
| Event2 | Fall Cycling | Event2Nm |
| Gross Receipts Event2 | $7,093 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $7,093 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $866 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $706 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $674 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $82,216 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $82,216 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $6,500 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $73,515 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $63,461 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $106,965 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $250,441 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$168,225 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Indiana University | |||||||
| 401 E 7th Street | Bloomington | IN | 47405 | 356001673 | Gov't Entity | $34,996,978 | Academic and Student Program Support |
| Indiana University | |||||||
| 401 E 7th Street | Bloomington | IN | 47405 | 356001673 | Gov't Entity | $59,991,059 | Student Scholarship and Financial Aid |
| Indiana University | |||||||
| 401 E 7th Street | Bloomington | IN | 47405 | 356001673 | Gov't Entity | $46,354,800 | Faculty Support & Research |
| Indiana University | |||||||
| 401 E 7th Street | Bloomington | IN | 47405 | 356001673 | Gov't Entity | $20,299,760 | Endowment and Capital Additions |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships, general | GrantTypeTxt |
| Recipient | 2 | RecipientCnt |
| Cash Grant | $12,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The grant and assistance payments are verified with internal documents to ensure donor intent and criteria have been met before the payments are made. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | Yes (1) | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Daniel C Smith | ||||||||||||||
| President & CEO | $424,010 | $0 | $190,000 | $0 | $179,463 | $0 | $35,865 | $0 | $30,347 | $0 | $859,685 | $0 | $60,251 | $0 |
| Gary Stratten | ||||||||||||||
| Exec. VP Investments & CIO | $342,638 | $0 | $160,167 | $0 | $13,789 | $0 | $35,865 | $0 | $39,201 | $0 | $591,660 | $0 | $0 | $0 |
| Richard Dupree | ||||||||||||||
| Executive VP for Development | $273,445 | $0 | $100,000 | $0 | $106,800 | $0 | $35,865 | $0 | $17,484 | $0 | $533,594 | $0 | $0 | $0 |
| James Bergstrom | ||||||||||||||
| Co- Chief Investment Officer | $215,552 | $0 | $85,429 | $0 | $0 | $0 | $35,865 | $0 | $39,623 | $0 | $376,469 | $0 | $0 | $0 |
| D Abe Weldy | ||||||||||||||
| Co- Chief Investment Officer | $219,956 | $0 | $85,429 | $0 | $450 | $0 | $35,865 | $0 | $33,933 | $0 | $375,633 | $0 | $0 | $0 |
| Jeffrey D Stumpf | ||||||||||||||
| Exec VP for Finance & Operations | $272,270 | $0 | $13,801 | $0 | $13,927 | $0 | $35,865 | $0 | $33,965 | $0 | $369,828 | $0 | $0 | $0 |
| Joyce Rogers | ||||||||||||||
| Interim EVP for Development | $271,723 | $0 | $13,514 | $0 | $2,965 | $0 | $35,865 | $0 | $35,833 | $0 | $359,900 | $0 | $0 | $0 |
| Dorothy Metaj | ||||||||||||||
| VP Development,Indianapolis | $250,786 | $0 | $22,697 | $0 | $14,351 | $0 | $35,865 | $0 | $22,345 | $0 | $346,044 | $0 | $0 | $0 |
| Paula Jenkins | ||||||||||||||
| VP Development, Bloomington | $229,355 | $0 | $27,592 | $0 | $11,913 | $0 | $33,819 | $0 | $23,266 | $0 | $325,945 | $0 | $0 | $0 |
| Stacy Knapper | ||||||||||||||
| Exec VP, Gen Counsel, Corp Board Sec | $211,452 | $0 | $8,568 | $0 | $13,437 | $0 | $28,546 | $0 | $38,620 | $0 | $300,623 | $0 | $0 | $0 |
| Jeffrey Lindauer | ||||||||||||||
| Vice President Advancement Services | $220,811 | $0 | $21,041 | $0 | $687 | $0 | $29,496 | $0 | $14,165 | $0 | $286,200 | $0 | $0 | $0 |
| Mary Bonk | ||||||||||||||
| VP, Advancement Data Tech Services | $221,565 | $0 | $11,261 | $0 | $811 | $0 | $28,710 | $0 | $22,746 | $0 | $285,093 | $0 | $0 | $0 |
| Anne Wymore | ||||||||||||||
| Associate Vice President, Marketing | $206,175 | $0 | $10,472 | $0 | $0 | $0 | $26,103 | $0 | $34,644 | $0 | $277,394 | $0 | $0 | $0 |
| Bryan Melvin | ||||||||||||||
| Vice President Development,Prin Gift | $205,473 | $0 | $20,293 | $0 | $1,256 | $0 | $27,228 | $0 | $22,606 | $0 | $276,856 | $0 | $0 | $0 |
| Sarah Beggs | ||||||||||||||
| Chief of Staff & VP Stratg Initiv | $195,052 | $0 | $15,200 | $0 | $1,523 | $0 | $26,223 | $0 | $38,281 | $0 | $276,279 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | First Class or charter travel: The IUF maintains a policy governing all business expenses including travel. Should a business need (e.g. length of flight time, security concerns, lack of commercial air options, etc.) require the use of first-class or charter travel, the IUF Board of Directors has authorized the IUF CEO to approve its use. These costs were not treated as taxable income because the travel is business related. In compliance with the IRS intermediate sanctions rules and regulations, in order to be approved under IUF policy, first-class and charter travel must be deemed to be in the best interests of the IUF in order to merit approval. Travel for Companions: The IUF maintains a policy governing all business expenses which prohibits companion related expenses, except for the specifically defined role of Associate to the IUF President. The duties of this position, which are outlined in a formal policy and support the organization's mission, are fulfilled by the IUF President & CEO's spouse. The Associate to the IUF President incurs business related expenses on behalf of IUF, and those amounts are not treated as taxable. In all cases, travel for companions is considered in the IUF's efforts to ensure compliance with the intermediate sanctions law. Tax indemnification and gross-up payments: Tax indemnification and gross-up payments are only paid to staff in limited circumstances, and must be approved in accordance with IUF policies governing these types of payments. In the case of disqualified persons, indemnification payments are considered in the IUF's efforts to ensure compliance with the intermediate sanctions law. At least annually, the expenses incurred by all employees are reviewed to ensure appropriate taxation and reporting. Gross-up payments are established taking into account an estimated tax rate. However, employees receiving the payment are not grossed up for actual taxes incurred. The following gross-up payments were provided in 2020 in connection with the following items, and in all cases were treated as taxable income to the recipient: With the approval of the IUF Board of Directors: *allowances are made available to the IUF President & CEO for long-term disability and supplemental retirement payments to provide future retirement restoration. *allowances for vehicles are made available to certain Vice Presidents, Executive Vice Presidents and the IUF President & CEO. |
| Part I, Lines 4a-b | Part 1; Line 4a: Following the conclusion of the For All, IU Bicentennial Campaign, Rick Dupree, Executive VP, Development, retired several months earlier than anticipated in order to facilitate a smoother transition to new management, subject to a voluntary separation of employment agreement providing a final separation payment of $54,430 Part 1; Line 4b: Eligible executives participate in various non-qualified deferred compensation plans organized under code section 457(f). The exact purpose of each plan varies, but they include: compensation limitation make-up plans, deferral of a portion of incentive bonus type plans and other attributes of a deferred compensation plan. Any amount ultimately paid under the program to the executive is reported as compensation on Form 990, Schedule J, Part II, Column B in the year paid. Payments made in 2020: Daniel Smith $60,250.73 Credits made in 2020: N/A |
| Part I, Line 5 | The Indiana University Foundation currently provides two incentive compensation plans: The Investment Incentive Compensation Plan is available to key personnel in the Investment Department. The primary goal of the plan is retention of key investment staff who are responsible for helping the IUF to achieve top quartile investment performance relative to its peers while reducing the volatility of performance over time. This plan is based on the premise of true value of dollars added by staff over an appropriate benchmark. IUF's Target Weighted Benchmark, and over a three-year period. The calculation of amount of bonus awarded is based on a formula similar to the industry standard and provides for a cap as a percentage of salary. This plan was developed and recommended by the Investment Committee of the IUF Board of Directors. The Major Gift Officers Evaluation/Incentive Program is designed to provide blueprints for and encourage our most gifted fundraisers to reach farther and inevitably increase their personal satisfaction and institutional value as development officers of Indiana University/Foundation. It rewards those who do so with eligibility for a year-end financial bonus. The calculation of amount of bonus awarded is based on definitive quantifiable indices for all participants, including dollars raised (both cash and deferred), opportunities (proposals), and contacts. |
| Part I, Line 7 | Management provides non-fixed payments in the form of bonuses available to all IUF staff from a discretionary fund. All bonuses are based on performance and merit. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Laurie Burns McRobbie | |||
| See Part V | $241,845 | Employment of family member | 0 |
| Arabella McRobbie | |||
| See Part V | $53,903 | Employment of family member | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part IV, Business Transactions Involving Interested Persons: | FormAndLineReferenceDesc |
| Explanation | (a) Name of Interested Person: Laurie Burns McRobbie(b) Relationship Between Interested Person and the Organization: Spouse of Michael McRobbie, IUF Chairman of Board(c) Amount of Transaction: $241,845(d) Description of Transaction: Employment(e) Sharing of Organization's Revenues? No(a) Name of Interested Person: Arabella McRobbie(b) Relationship Between Interested Person and the Organization: Daughter of Michael McRobbie, IUF Chairman of Board, and is employed as an IUF staff member(c) Amount of Transaction: $53,903(d) Description of Transaction: Employment(e) Sharing of Organization's Revenues? No | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $709,578 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Appraised Values | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $57,021 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Listed Values | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $55,211 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Listed Values | MethodOfDeterminingRevenuesTxt |
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,600 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Professional Appraisals | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 604 | ContributionCnt |
| Noncash Contributions Rpt F990 | $17,156,680 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Listed Values | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,085,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Professional Appraisals | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Musical and Theatrical Items | 4 | $342,525 | Professional Apprais |
| Yes (X) | Scientific Equipment | 1 | $22,705 | Actual costs |
| Yes (X) | Travel Expenses | 1 | $373 | Actual costs |
| Yes (X) | Donated items for events | 1 | $208 | Actual costs |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 18 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Column (b): | The number of contributions listed in column (b) of Part I are either the number of contributions or the number of items received, depending on the nature of the contribution. |
| Part I, Line 32b: | IUF hires realtors and auctioneers to assist with selling donated items. IUF hires brokers to assist in selling gifts of stock and securities. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | The Form 990 is completed by IUF staff. A management team comprised of various members of the organization from the following departments review the Form 990, including all schedules line-by-line to determine accuracy and validity; President's Office, Legal Counsel, Finance, Investments, Internal Audit, Development, Tax, Accounting and Talent, Culture and Inclusion. The IUF engages an independent accounting firm to review the Form 990. The President & CEO then reviews and signs the Form 990 and the independent accounting firm signs as preparer. The IUF Audit Committee reviews the completed Form 990, including all schedules, without redactions. Once signed, an electronic version of the public disclosure copy of Form 990 is made available to the IUF Board of Directors via the internet. The public disclosure copy is provided in order to more thoroughly protect the privacy of donors. The Form 990 is then filed electronically with the IRS. |
| Form 990, Part VI, Section B, line 12c | Each July, the IUF provides a copy of its Conflicts of Interest Policy to all directors and officers. Directors and officers are required to read and comply with the policy which requires, at a minimum, annually disclosing the existence or non-existence of any conflicts of interest, real or perceived, in writing to the IUF Board Secretary. A management team comprised of various members of the organization from the following departments review the policy to determine validity and completeness based on staff knowledge of IUF activities and transactions; President's Office, Legal Counsel, Finance, Investments, Internal Audit, Development, Tax, Accounting and Talent, Culture and Inclusion. The results of this review, along with every disclosure in its entirety, are provided to the IUF Audit Committee Chair and Vice Chair. A report is then made by the Audit Committee Chair to the full Audit Committee. The Audit Committee Chair will also report any disclosure requiring action to the IUF Executive Committee and Committee on Directors and Governance. When applicable, the Audit Committee Chair will also report any disclosure requiring action to the IUF Board and all relevant Board committees. In addition to the Conflicts of Interest Policy, each July the IUF provides a background survey and a request for information for Form 990 disclosures to all officers, directors and key employees. As with the Conflicts of Interest, disclosures related to the survey and Form 990 are reviewed by staff and provided verbatim to the IUF Audit Committee Chair and Vice Chair. A report is then made by the Audit Committee Chair to the full Audit Committee. The Audit Committee Chair will also report any disclosure requiring action to the IUF Executive Committee and Committee on Directors and Governance. When applicable, the Audit Committee Chair will also report any disclosure requiring action to the IUF Board and all relevant Board committees. |
| Form 990, Part VI, Section B, line 15 | Each June, the IUF Compensation Committee approves the compensation arrangements for disqualified persons in accordance with IRS regulation section 53.4958-6 "Rebuttable presumption that a transaction is not an excess benefit transaction". Individuals defined as disqualified persons who receive compensation from the IUF include: the President & CEO; Executive Vice President for Finance and Operations & Assistant Corporate Secretary; Executive Vice President for Development; Executive Vice President and Chief Investment Officer; Executive Vice President, General Counsel and Corporate Secretary; Senior Advisor, IUF; and the Assistant Director of Development, Parent Engagement. The compensation arrangement for each individual is approved in advance for the upcoming fiscal year period July 1 thru June 30 by the Compensation Committee which is an authorized body of the IUF Board of Directors. The Compensation Committee is composed entirely of independent directors who do not have a conflict of interest (within the meaning of paragraph (c)(1)(iii) of section 53.4958-6) with respect to the compensation arrangement for each disqualified person. The Compensation Committee determines if each compensation arrangement in its entirety is reasonable through the use of relevant information including, but not limited to, compensation levels paid by similarly situated organizations, both taxable and tax-exempt, for functionally comparable positions; the availability of similar services in the geographic area of the applicable tax-exempt organization; current compensation surveys compiled by independent firms; and actual written offers from similar institutions competing for the services of the disqualified person. Upon approval of the compensation arrangement for each disqualified person, the Compensation Committee provides written documentation noting the terms of the transaction that was approved and the date it was approved; the members of the Committee who were present during review of the arrangement that was approved and those who voted on it; the comparability data obtained and relied upon by the Committee and how the data was obtained; and, if applicable, any actions taken with respect to consideration of the arrangement by anyone who is otherwise a member of the Committee but who had a conflict of interest with respect to the arrangement. The Compensation Committee's most recent review and approval of compensation arrangements for all disqualified persons was June,2021. |
| Form 990, Part VI, Section C, line 18 | We recognize that good governance practices provide safeguards to help ensure that our funds are consistently used in accordance with our mission, tax-exempt purpose, and donor intent. Copies of the IUF's Forms 990 and Form 990T can be requested through the IUF office. The current year 990 tax return is available through the IUF's website @ www.iufoundation.iu.edu. Form 990 and 990T are available upon request for the past three years in accordance with IRC Section 6104(d) through the IUF's office. |
| Form 990, Part VI, Section C, line 19 | We recognize that good governance practices provide safeguards to help ensure that our funds are consistently used in accordance with our mission, tax-exempt purpose, and donor intent. Copies of all the IUF's governing documents and conflict of interest policy can be requested through the IUF office. The audited financial statements (past four years), conflict of interest policy and other specific governance documents are available through the IUF's website @ www.iufoundation.iu.edu. |
| Form 990; Part VII | JT Forbes was appointed the position of Interim President and CEO of the Indiana University Foundation on January 1, 2021. |
| Form 990; Part VII; Column B | IUF Board Directors generally attend three in person meetings per year with additional participation in supplemental calls throughout the year, as needed. Currently, no methodology has been used to capture and reflect an accurate representation of time spent per week for each director; therefore, time spent has been represented as 0.00. |
| Form 990, Part XI, line 9: | Income/Loss from K-1's 3,920,842. Uncollectable pledges -5,216,455. Split Interest Agreements 19,096,745. Rounding 1. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Legal Domicile StateLegalDomicileStateCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CVI GVF Holdings 8 Ltd | ||||||||||||
| PO Box 309 | Grand Cayman | CJ | KY1-1104 | Investment | CJ | IUF | C | -$4,991 | $48,531 | 0.99000 | Yes (1) | |
| Charitable Remainder Trusts (88) | ||||||||||||
| Trust | 0 | IN | ||||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CVI GVF Holdings 8 Ltd | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | S | TransactionTypeTxt |
| Involved | $574,630 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |