2021-04-29T19:15:30-05:00 2020-06-30 621170651 BROWN JAKE & MCDANIEL PC 2607 KINGSTON PIKE SUITE 110 KNOXVILLE TN 379193336 990 2019-07-01 621844686 THE UNIVERSITY OF TENNESSEE FOUNDATION INC UNIV 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 ADAM HELLER TREASURER & CFO 8659748926 2021-04-27 true JAMES E BOOHER CPA P00286127 8656378600 2021-04-29 2019 2022-09-23 18:48:47Z KERRY W WITCHER 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 149384875 false X WWW.UTFI.ORG X 2001 TN THE FOUNDATION ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP AND PRIVATE GIFT SUPPORT. 20 19 238 2700 0 131894204 104991149 0 13335869 14970780 28294650 29422946 173524723 149384875 27472077 40986196 0 29061280 30027851 64772 66480 66480 44700990 38776483 101299119 109857010 72225604 39527865 525499436 543211268 6468982 9037130 519030454 534174138 THE FOUNDATION ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP AND PRIVATE GIFT SUPPORT. false false 79321756 40986196 TO COMPLY WITH DONOR STIPULATIONS, EARNINGS FROM INVESTED ENDOWMENT FUNDS WERE TRANSFERRED TO THE UNIVERSITY OF TENNESSEE. THE EARNINGS WILL BE USED FOR SCHOLARSHIPS, FELLOWSHIPS, LIBRARIES, RESEARCH, AND OTHER ACADEMIC RELATED PURPOSES. ALSO, AMOUNTS FUNDED BY RESTRICTED GIFTS FROM DONORS WERE PAID TO THE UNIVERSITY TO COVER THE COSTS OF CONSTRUCTION, RENOVATIONS AND VARIOUS OTHER PROJECTS. 79321756 true true false false false false false false false true false true false false true true true true false false false false false true false false false true false true false false false false false false false false true false false false true false false false false true 40 0 238 true false false false false false true true false false false false false false X 20 19 false false false false false false false true true false true true true true true true true true true true false X ADAM HELLER 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 MICHAEL K LITTLEJOHN CHAIR 1.00 X X 0 0 0 PHILIP A WENK VICE CHAIR 0.75 X X 0 0 0 HANS N AIREE DIRECTOR 0.50 X 0 0 0 ALEXIS G BOGO DIRECTOR 0.75 X 0 0 0 CHRISTOPHER B BOLLINGER DIRECTOR 0.50 X 0 0 0 RANDALL D BOYD UNIVERSITY P 0.50 40.00 X 0 0 0 PHILLIP A CLENDENIN DIRECTOR 0.50 X 0 0 0 GREGORY E COX COMMITTEE CH 0.75 X 0 0 0 KIMBERLY W CROSS DIRECTOR 0.50 X 0 0 0 TIM L CROSS EXEC VICE CH 0.50 40.00 X 0 0 0 ROBERT F DECOSIMO DIRECTOR 0.75 X 0 0 0 RONALD E FRIESON DIRECTOR 0.50 X 0 0 0 JAMES L HERBERT JR DIRECTOR 0.50 X 0 0 0 KATHY W LEDBETTER DIRECTOR 0.50 X 0 0 0 DONDE A PLOWMAN CHANCELLOR, 0.50 40.00 X 0 0 0 JOHN D STALEY III DIRECTOR/UTA 0.50 X 0 0 0 BETTY ANN TANNER DIRECTOR 0.50 X 0 0 0 CHARLES A WAGNER III DIRECTOR 0.75 X 0 0 0 ALAN D WILSON DIRECTOR 0.50 X 0 0 0 KERRY W WITCHER PRESIDENT 40.00 X X 220687 0 54268 ADAM HELLER TREASURER & 40.00 X 40965 0 41992 J RON MAPLES FORMER TREAS 12.00 28.00 X 0 257811 27246 LISA N TAYLOR FORMER TREAS 40.00 X 258395 0 50375 RACHAEL R LEBLANC SECRETARY 40.00 X 62644 0 29286 WILLIAM R BRYANT JR DEVELOPMENT 40.00 X 398390 0 86561 LOVE COLLINS III DEVELOPMENT 40.00 X 343679 0 53494 WOODROW M HENDERSON DEVELOPMENT 40.00 X 294123 0 55691 KURT J GULBRAND DEVELOPMENT 40.00 X 255522 0 52889 LELAND D PATOUILLET DEVELOPMENT 40.00 X 238701 0 71730 BETHANY K GOOLSBY DEVELOPMENT 40.00 X 235759 0 55502 KEITH D BARBER DEVELOPMENT 40.00 X 224539 0 53592 ANDREW WILSON DEVELOPMENT 40.00 X 190923 0 46223 STEPHEN H CATLETT DEVELOPMENT 40.00 X 188350 0 29754 JAMES F OBEAR DEVELOPMENT 40.00 X 182456 0 39500 ANDREW THOMAS SHEEHY DEVELOPMENT 40.00 X 179835 0 62391 STATLER S REAGAN DEVELOPMENT 40.00 X 176809 0 42915 BRIAN D SHUPE DEVELOPMENT 40.00 X 172691 0 61174 ROBERT M GIBSON DEVELOPMENT 40.00 X 166662 0 58961 MICHAEL O CARTER DEVELOPMENT 40.00 X 158589 0 45501 BENJAMIN WEST DEVELOPMENT 40.00 X 157340 0 29627 A ERICK WEBER DEVELOPMENT 40.00 X 146951 0 42679 JADA WILLIAMS DEVELOPMENT 40.00 X 138783 0 46274 TIMOTHY P LANIER DEVELOPMENT 40.00 X 135762 0 42221 GREGORY R HARRIS DEVELOPMENT 40.00 X 132117 0 40697 CHANDRA TUGGLE DEVELOPMENT 40.00 X 131465 0 43232 4832137 257811 1263775 23 false true false 104991149 9225189 104991149 14970780 14970780 CONTRACT WITH UT 29156209 29156209 UTRF DIRECT SUPPORT 214262 214262 WOOTEN FARM RENT 40303 40303 12172 12172 29422946 149384875 44393726 40986196 40986196 4779385 4779385 18580901 5156529 13424372 2124578 394660 1729918 3064083 445406 2618677 1478904 268779 1210125 66480 66480 4317828 2241473 2076355 653725 188418 465307 1551951 978415 573536 CAPITAL PROJECTS 23716133 23716133 OTHER 3357976 2607914 750062 SUPPLIES 2690330 1541247 1149083 ENTERTAINMENT 1740345 442124 1298221 748195 354462 393733 109857010 79321756 30468774 66480 23500 12982 13944018 89671358 142720935 135637559 217165 185833 361890352 311177074 6703466 6526462 525499436 543211268 285045 1510985 32835 9884 6151102 7516261 6468982 9037130 X 18980759 26032219 500049695 508141919 519030454 534174138 525499436 543211268 X 39527865 -24017545 -366636 X false true X true false X 117554798 86319808 122903753 131894204 104991149 563663712 117554798 86319808 122903753 131894204 104991149 563663712 11171384 552492328 6608552 8779387 11191456 13335869 14970781 54886045 28033798 28934874 27899200 28294650 29422946 142585468 761135225 0.72590 0.74560 X PART II, LINE 10 WOOTEN FARM RENT 124,303 OTHER 823,542 CONTRACT WITH UT 141,464,451 BOATHOUSE RENT 20,298 SIEGEL WAREHOUSE RENT 152,874 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 312493308 28359371 -11268338 11090798 318493543 259707807 53981511 7988356 9184366 312493308 227893785 30296960 9417173 7900111 259707807 196307210 25314410 13041748 6769583 227893785 168052694 36940383 -3587785 5098082 196307210 1.00000 false false UT INVESTMENT POOL 263586240 F INVESTMENTS - RAYMOND JAMES 28260153 F FIRST TENNESSEE TRUST 9147024 F INVESTMENTS - WITH UT 7817910 F ENDOWMENT HELD @ FIDELITY 2365747 F 311177074 ANNUITY PAYABLE 5390256 ACCRUED ANNUAL LEAVE 2126005 7516261 X 127273005 -24017545 2272311 -366636 -22111870 149384875 149384875 112129321 2272311 2272311 109857010 109857010 SCHEDULE D, PAGE 2, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUND IS TO BENEFIT THE UNIVERSITY OF TENNESSEE FOR VARIOUS DONOR RESTRICTED PURPOSES. SCHEDULE D, PAGE 3, PART X THE FOUNDATION FOLLOWS THE PROVISIONS OF FASB ASC 740-10-25. UNDER THIS STANDARD, AN ORGANIZATION MUST RECOGNIZE THAT TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF THIS STANDARD HAS HAD NO IMPACT ON THE FOUNDATIONS FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED JUNE 30, 2020, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN ACTUARIAL VALUE OF GIFT ANNUITIES -366,636 X X X true RUFFALO NOEL LEVITZ 1025 KIRKWOOD PKWY SW CEDAR RAPIDS IA 52404 PART IV false 43379 66480 -23101 43379 66480 -23101 All States false THE UNIVERSITY OF TENNESSEE 301 ANDY HOLT TOWER KNOXVILLE TN 37996 626001636 40986196 EDUCATIONAL 1 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION REIMBURSES THE UNIVERSITY AFTER THE DONOR REQUIREMENTS ARE MET. false false false false false false false false false KERRY W WITCHER PRESIDENT 220687 24901 29367 274955 J RON MAPLES FORMER TREASURER 257811 600 26646 285057 LISA N TAYLOR FORMER TREASURER 70357 188038 33023 17352 308770 WILLIAM R BRYANT JR DEVELOPMENT 333530 64860 55648 30913 484951 LOVE COLLINS III DEVELOPMENT 343679 25800 27694 397173 WOODROW M HENDERSON DEVELOPMENT 267697 26426 29251 26440 349814 KURT J GULBRAND DEVELOPMENT 255522 22904 29985 308411 LELAND D PATOUILLET DEVELOPMENT 221398 17303 45989 25741 310431 BETHANY K GOOLSBY DEVELOPMENT 235759 26255 29247 291261 KEITH D BARBER DEVELOPMENT 224539 24666 28926 278131 ANDREW WILSON DEVELOPMENT 167605 23318 18156 28067 237146 STEPHEN H CATLETT DEVELOPMENT 175600 12750 18642 11112 218104 JAMES F OBEAR DEVELOPMENT 169538 12918 18623 20877 221956 ANDREW THOMAS SHEEHY DEVELOPMENT 163064 16771 34349 28042 242226 STATLER S REAGAN DEVELOPMENT 163758 13051 17718 25197 219724 BRIAN D SHUPE DEVELOPMENT 159754 12937 33225 27949 233865 ROBERT M GIBSON DEVELOPMENT 166662 31378 27583 225623 MICHAEL O CARTER DEVELOPMENT 158589 17351 28150 204090 BENJAMIN WEST DEVELOPMENT 157340 13049 16578 186967 A ERICK WEBER DEVELOPMENT 139163 7788 15092 27587 189630 JADA WILLIAMS DEVELOPMENT 138783 28714 17560 185057 TIMOTHY P LANIER DEVELOPMENT 135762 14693 27528 177983 GREGORY R HARRIS DEVELOPMENT 132117 13177 27520 172814 CHANDRA TUGGLE DEVELOPMENT 131465 26231 17001 174697 X 709 8931189 HIGH/LOW STOCK PRICE AVG X 2 294000 APPRAISAL false true true SCHEDULE M, PAGE 1, PART I, LINE 32B REALTORS ARE USED TO LIST AND SELL THE REAL ESTATE GIFTS RECEIVED. STOCK BROKERS ARE USED TO SELL STOCK RECEIVED. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ALL BOARD MEMBERS PROVIDE SIGNED STATEMENTS REGARDING THEIR KNOWLEDGE OF THE CONFLICT OF INTEREST POLICY AND IF A CONFLICT ARISES, DISCUSS IN ADVANCE OF ANY DECISIONS REGARDING THE CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE FOUNDATION FOLLOWS THE UNIVERSITY OF TENNESSEE PERSONNEL POLICY. FORM 990, PAGE 6, PART VI, LINE 15B OFFICER COMPENSATION IS SET BY THE BOARD ON RECOMMENDATION OF THE CEO PURSUANT THE FOUNDATION COMPENSATION POLICY AND BYLAWS. FORM 990, PAGE 6, PART VI, LINE 19 IF REQUESTED, HARD COPIES OF DOCUMENTS ARE PROVIDED AT THE FOUNDATION'S OFFICE. FORM 990, PART XI, LINE 9 CHANGE IN ACTUARIAL VALUE OF GIFT ANNUITIES -366,636 UTFI REAL ESTATE LLC 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 REAL EST. TN 294000 5783400 N/A