2022-05-12T11:47:46-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2020-07-01 810362989 THE UNIVERSITY OF MONTANA FOUNDATION UNIV 4062434788 PO BOX 7159 MISSOULA MT 59807 JAMIE STANTON CFOO 4062434788 2022-02-15 1 JAMIE STANTON XXX-XX-XXXX SARAH HINTZ P00492291 3037795710 2022-05-11 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X CINDY WILLIAMS PO BOX 7159 MISSOULA MT 59807 752185709 0 X WWW.SUPPORTUM.ORG X 1950 MT TO INSPIRE PHILANTHROPIC SUPPORT TO ENHANCE EXCELLENCE AND OPPORTUNITY AT THE UNIVERSITY OF MONTANA. 32 32 65 37 513856 319041 30554993 24063976 550000 550000 11139994 47817824 1327479 629731 43572466 73061531 18670455 15974372 0 0 5364544 5479496 385499 441454 3144277 3651799 2401854 28072297 24297176 15500169 48764355 300141439 368257135 36926836 43042464 263214603 325214671 THE UNIVERSITY OF MONTANA FOUNDATION INSPIRES PHILANTHROPIC SUPPORT TO ENHANCE EXCELLENCE AND OPPORTUNITY AT THE UNIVERSITY OF MONTANA. 0 0 16856533 15974372 1159008 TO PROVIDE ACADEMIC AND INSTITUTIONAL SUPPORT FOR THE UNIVERSITY OF MONTANA'S PROGRAMS, CAPITAL PROJECTS, AND STUDENTS. 16856533 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 0 1 1 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 46 0 1 65 1 1 1 1 CJ GK 0 0 1 1 1 1 0 0 0 0 0 0 X 32 32 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA KY MD MA MI MN NH NJ NY OR PA SC UT WV FL GA IL X JAMIE STANTON 4062434788 PO BOX 7159 MISSOULA MT 59807 WILLIAMS CYNTHIA PRESIDENT & CEO 40.00 X 229431 0 44836 RITRIEVI CHRISTOPHER VICE PRESIDENT OF DEVELOPMENT 40.00 X 174903 0 32755 STANTON JAMIE CHIEF FINANCE & OPERATIONS OFFICER 40.00 X 154168 0 36518 RUE HEATHER VP OF MARKETING & COMMUNICATIONS 40.00 X 108862 0 32432 JENNINGS TRACEY SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 103922 0 24697 MACLEAN JACOB BOARD SECRETARY 40.00 X 49637 0 17792 PETERSON SUZANNE TRUSTEE (CHAIR THRU 9/20) 1.50 X X 0 0 0 ROTH RICH CHAIR (VICE CHAIR THRU 9/20) 1.50 X X 0 0 0 JAMES DOUG VICE-CHAIR (AS OF 9/20) 1.50 X X 0 0 0 DAHL BOBBI TREASURER (AS OF 9/20) 1.50 X X 0 0 0 MOUNTAIN JIM TRUSTEE (TREASURER THRU 9/20) 1.50 X X 0 0 0 ALVAREZ ALINA TRUSTEE 1.00 X 0 0 0 ANDERSEN ZAK TRUSTEE 1.00 X 0 0 0 BALDOCK JANE TRUSTEE 1.00 X 0 0 0 BALDRIDGE JULIE TRUSTEE (THRU 9/20) 1.00 X 0 0 0 BARLOW DIANE TRUSTEE 1.50 X 0 0 0 BRENNER BILL TRUSTEE 1.00 X 0 0 0 BRONSON ROBERT TRUSTEE 1.00 X 0 0 0 BURKE JOHN TRUSTEE 1.00 X 0 0 0 CAMPBELL SHARILYN TRUSTEE 1.50 X 0 0 0 DAVIDSON ANDREW TRUSTEE 1.00 X 0 0 0 EBERLING KATHY TRUSTEE 1.00 X 0 0 0 FRANK MICHAEL TRUSTEE (THRU 5/21) 1.00 X 0 0 0 FRANKE PAIGE TRUSTEE 1.00 X 0 0 0 GILDER BRITNEY TRUSTEE 1.50 X 0 0 0 GOUDGE ANDREA TRUSTEE 1.50 X 0 0 0 HANDLEY KAYREEN TRUSTEE 1.00 X 0 0 0 ISERN JENNIFER TRUSTEE 1.00 X 0 0 0 KNICK BILL TRUSTEE 1.50 X 0 0 0 LEMCKE TOM TRUSTEE 1.00 X 0 0 0 LEVITAN MATT TRUSTEE 1.00 X 0 0 0 MARISKA JAMES TRUSTEE 1.00 X 0 0 0 MCGUIRE COLLEEN TRUSTEE 1.00 X 0 0 0 MONAHAN JOE TRUSTEE 1.00 X 0 0 0 MURRAY JIM TRUSTEE 1.00 X 0 0 0 NONNENMACHER MARK TRUSTEE 1.00 X 0 0 0 OGREN KATHY TRUSTEE (THRU 9/20) 1.00 X 0 0 0 OLSON MARY TRUSTEE (THRU 9/20) 1.50 X 0 0 0 ROBINSON OWEN TRUSTEE 1.00 X 0 0 0 ROWE BOB TRUSTEE 1.00 X 0 0 0 STREICH JOHN TRUSTEE 1.00 X 0 0 0 VANSICKLE BILL TRUSTEE 1.00 X 0 0 0 WINSLOW STEVE TRUSTEE 1.50 X 0 0 0 820923 0 189030 5 0 1 0 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 PHONATHON 350230 EAB PO BOX 603519 CHARLOTTE NC 59806 FUNDRAISING CONSULTATION 204443 ELLUCIAN 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 TECHNICAL SERVICES 170565 3 634422 54692 760000 22614862 4264339 24063976 CONTRACT AGREEMENT UM 900099 550000 550000 550000 4029648 513856 3515792 722908223 679120047 43788176 43788176 43788176 24854 54692 4131 20723 20723 ADMIN FEE REVENUE 900099 447115 447115 MISCELLANEOUS REVENUE 900099 161893 161893 609008 73061531 1159008 513856 47324691 15974372 15974372 768276 378967 389309 3402934 1828237 1574697 369970 195574 174396 631816 365142 266674 306500 161728 144772 48580 48210 370 58944 58944 441454 441454 706839 365444 341395 186254 137587 48667 4122 2410 1712 661371 480035 123655 57681 246314 223713 22601 246501 246501 4021 247 3774 6417 5490 927 54819 54819 33623 33623 ENTERTAINMENT 28225 3178 19531 5516 RECRUITMENT 7761 7761 108063 33257 63079 11727 24297176 16856533 4296366 3144277 106884 1893 6377497 10335836 27390363 20144583 278555 270873 226941 146759 740531 327297 370614 413234 184543229 69278910 71302719 256401759 9544637 11263288 300141439 368257135 1288974 1404060 19051512 22960352 760000 15826350 18678052 36926836 43042464 X 6684136 12412824 256530467 312801847 263214603 325214671 300141439 368257135 X 48764355 16750632 -3514919 X X 0 1 X 1 0 X 62182915 30934144 29768656 30554993 24042666 177483374 62182915 30934144 29768656 30554993 24042666 177483374 42429457 135053917 3657926 4429646 5766029 3862740 3449887 21166228 0 0 0 1524014 579761 2103775 7192140 2580599 1804464 1330526 609007 13516736 214270113 2967110 0.63030 0.61510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMIN FEE REVENUE - 2016 AMOUNT: $ 599,413. 2017 AMOUNT: $ 1,734,765. 2018 AMOUNT: $ 1,017,548. 2019 AMOUNT: $ 476,946. 2020 AMOUNT: $ 447,115. MISC REVENUE - 2016 AMOUNT: $ 6,592,727. 2017 AMOUNT: $ 845,834. 2018 AMOUNT: $ 786,916. 2019 AMOUNT: $ 853,580. 2020 AMOUNT: $ 161,892. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 2261 2261 21150638 21152899 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 6640 637 2261 9538 250000 250000 250000 250000 1000000 1500000 0 1 X 162166630 15160753 46737023 5575274 3315666 215173466 163677359 9777370 -2806533 5180916 3300650 162166630 147523241 17526721 6875727 5122577 3125753 163677359 136757841 8845573 9051142 4211090 2920225 147523241 122507470 7796184 13722362 4556556 2711619 136757841 0.01870 0.98130 0.00000 1 0 25000 25000 149208 42464 106744 334130 234898 99232 232193 49935 182258 413234 ALTERNATIVE INVESTMENTS 256401759 F 256401759 SPLIT INTEREST AGREEMENTS 18678052 18678052 85728083 16750632 833 -3514919 13236546 72491537 574125 -4131 569994 73061531 23728015 833 833 23727182 574125 -4131 569994 24297176 PART IV, LINE 2B: THE UNIVERSITY OF MONTANA FOUNDATION HOLDS ASSETS ON BEHALF OF THE UNIVERSITY OF MONTANA, THE UNIVERSITY OF MONTANA ALUMNI ASSOCIATION, AND THE GRIZZLY SCHOLARSHIP ASSOCIATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -3,514,919. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENTS -4,131. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENTS -4,131. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 33259873 EUROPE 0 0 INVESTMENTS N/A 1770470 0 0 0 0 0 0 35030343 0 35030343 1 0 0 0 1 0 PART III ACCOUNTING METHOD: X X X X X X 1 EAB PO BOX 603519 CHARLOTTE NC 28260 DIRECT MAILING & DAY OF GIVING 0 436827 160480 276347 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 PHONATHON AND DIRECT MAIL 0 174363 280974 -106610 611190 441454 169737 AK AL AR CA CO CT DC DE FL GA HI ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV IA AZ SD TX VT WY ODYSSEY OF THE STARS 53262 51375 1887 1122 MEET THE TEAM - BASEBALL 20255 500 19755 524 2026 73517 51875 21642 524 3148 3672 17970 1 THE UNIVERSITY OF MONTANA 32 CAMPUS DRIVE MISSOULA MT 59812 816001713 STATE OF MT 15818544 155828 FMV DONATED ASSETS ACADEMIC AND INSTITUTIONAL SUPPORT, CAPITAL PROJECTS, AND SCHOLARSHIPS 1 0 PART I, LINE 2: ALL GRANT REQUESTS ARE REVIEWED TO ENSURE THEY ARE IN ACCORDANCE WITH THE DONOR'S CRITERIA AND THE FOUNDATION'S ACCOUNTS PAYABLE POLICY. ADDITIONALLY, GRANT REQUEST MUST BE FROM AN AUTHORIZED UNIVERSITY OF MONTANA REPRESENTATIVE. X X X 0 0 0 0 0 0 0 0 0 WILLIAMS CYNTHIA PRESIDENT & CEO 222876 0 0 0 6555 0 26260 0 18576 0 274267 0 0 0 RITRIEVI CHRISTOPHER VICE PRESIDENT OF DEVELOPMENT 174903 0 0 0 0 0 19382 0 13373 0 207658 0 0 0 STANTON JAMIE CHIEF FINANCE & OPERATIONS OFFICER 154168 0 0 0 0 0 17978 0 18540 0 190686 0 0 0 X 5 92095 FAIR MARKET VALUE X 569 FAIR MARKET VALUE X 110 4108511 FAIR MARKET VALUE X 2 3556 FAIR MARKET VALUE X SIZ VIOLA & CASE 1 25400 FAIR MARKET VALUE X VIOLIN, BOW, & CASE 2 10150 FAIR MARKET VALUE X SUPPLIES 2 10087 FAIR MARKET VALUE X EQUIPMENT 4 6251 FAIR MARKET VALUE X MUSIC COLLECTION 1 6000 FAIR MARKET VALUE X MOUNTAIN GOAT & SHEEP MOUNTS 1 1720 FAIR MARKET VALUE 4 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IN PART I COLUMN (B) IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIR, PAST CHAIR, VICE CHAIR, TREASURER, CHAIRS OF STANDING COMMITTEES, AND NON VOTING MEMBERS ARE UMF PRESIDENT AND SECRETARY. THE EXECUTIVE COMMITTEE HAS GENERAL OVERSIGHT OVER ALL QUESTIONS AFFECTING THE POLICY, PROPERTY, STAFF AND GENERAL PURPOSES OF THE FOUNDATION. THE EXECUTIVE COMMITTEE WILL AVOID USURPATION OF DECISION MAKING BY THE BOARD. HOWEVER, DURING INTERVALS BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE EXERCISES THE POWER AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE PROPERTY AND AFFAIRS OF THE FOUNDATION, EXCEPT THE POWER TO ELECT TRUSTEES AND OFFICERS. FORM 990, PART VI, SECTION A, LINE 2 CFOO JAMIE STANTON AND AVP BRAD REARDON HAVE A FAMILY RELATIONSHIP. ANDREW DAVIDSON IS A BOARD TRUSTEE, HOLDS A BUSINESS RELATIONSHIP WITH DAVIDSON INVESTMENT ADVISORS, WHERE THE ORGANIZATION HAS A SUBSTANTIAL AMOUNT OF MONEY INVESTED. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGMENT. PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE AUDIT FINANCE COMMITTEE OF THE BOARD AND IS AVAILABLE FOR REVIEW BY THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR TRUSTEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. INDIVIDUAL TRUSTEES MUST DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST TO THE CHAIR OF THE GOVERNANCE COMMITTEE, OR IF THE CONFLICT IS IDENTIFIED DURING A BOARD MEETING THEN TO THE TRUSTEE CHAIRING THE MEETING. AFTER DISCLOSURE OF THE CONFLICT, THE INDIVIDUAL TRUSTEE SHALL RECUSE THEMSELVES FROM DISCUSSIONS AND VOTES ON THAT MATTER. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE FOUNDATION'S PRESIDENT/CEO IS REVIEWED ON AN ANNUAL BASIS BY THE TALENT COMMITTEE OF THE BOARD OF TRUSTEES. SALARY SURVEYS ARE REFERENCED BY THE COMMITTEE IN DETERMINING SALARY. THIS PROCESS WAS MOST RECENTLY COMPLETED IN 2021. COMPENSATION FOR EXECUTIVE EMPLOYEES AND THE SECRETARY ARE REVIEWED ON AN ANNUAL BASIS BY THE CEO, AND COMPARED TO PEER INSTITUTIONS THROUGH INDEPENDENT SALARY SURVEYS. THIS PROCESS WAS MOST RECENTLY COMPLETED IN 2020. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY AUDITED FINANCIAL STATEMENTS, AND ANNUAL REPORTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -3,514,919. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. THE UNIVERSITY OF MONTANA 32 CAMPUS DRIVE MISSOULA MT 59812 816001713 HIGHER EDUCATION MT N/A 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0