2021-05-12T09:41:27-05:00 2020-06-30 366055558 GRANT THORNTON LLP 100 E WISCONSIN AVE MILWAUKEE WI 53202 990 2019-07-01 426058591 UNIVERSITY OF NORTHERN IOWA FOUNDATION UNIV 3192737118 204 COMMONS UNI CEDAR FALLS IA 506140282 STACY ROBINSON ASST VP ADVANCE SVCS 3192737118 2021-05-12 1 MICHELLE L WEBER P00556798 4142898200 2021-05-11 2019 2022-09-23 18:48:47Z JIM JERMIER 204 COMMONS UNI CEDAR FALLS IA 506140282 73304824 0 X UNI-FOUNDATION.ORG X 1959 IA SUSTAIN, GROW AND PROMOTE THE UNIVERSITY OF NORTHERN IOWA BY SOLICITING (CONTINUED ON SCHEDULE O) AND MANAGING GIFTS TO SUPPORT THE UNIVERSITY'S EDUCATION, RESEARCH & SCIENTIFIC ACTIVITIES. 33 33 30 33 34631 26278 14801532 28863587 0 0 6828990 2859312 4521 2490 21635043 31725389 6902387 6412655 0 0 5681372 5899977 399335 292124 3347434 6534370 5637448 19517464 18242204 2117579 13483185 161829359 173378893 2753308 2720579 159076051 170658314 X THE UNIVERSITY OF NORTHERN IOWA FOUNDATION'S MISSION IS TO GROW AND SUSTAIN PRIVATE RESOURCES AND BUILD RELATIONSHIPS TO SUPPORT THE UNIVERSITY OF NORTHERN IOWA, ITS STUDENTS, FACULTY, STAFF AND PROGRAMS. 0 0 5849861 642771 DEPARTMENTAL SUPPORT FOR THE BENEFIT OF STUDENTS AT THE UNIVERSITY OF NORTHERN IOWA - UNIVERSITY OF NORTHERN IOWA FOUNDATION (UNI FOUNDATION) IS DESIGNATED AS THE CENTRAL FUNDRAISING AGENCY FOR THE UNIVERSITY OF NORTHERN IOWA. UNI FOUNDATION CONDUCTS CAMPAIGNS FOR UNIVERSITY PRIORITIES AND PROVIDES CENTRAL SERVICES TO SUPPORT FUNDRAISING, GROWTH OF THE ENDOWMENT, ADMINISTRATION, COMPLIANCE, DONOR STEWARDSHIP, AND OTHER AREAS. 5374946 5374946 SCHOLARSHIPS, PRIMARILY FOR THE BENEFIT OF STUDENTS AT THE UNIVERSITY OF NORTHERN IOWA - SCHOLARSHIP RECIPIENTS ARE CHOSEN BY UNIVERSITY OF NORTHERN IOWA FACULTY, DEPARTMENT HEADS, DEANS, FINANCIAL AID OFFICERS, OR A COMBINATION OF THESE. SCHOLARSHIP RECIPIENTS ARE SELECTED ACCORDING TO SCHOLARSHIP GUIDELINES WRITTEN AT THE TIME THE SCHOLARSHIP IS ESTABLISHED. UNI FOUNDATION ADMINISTERS THE FUNDS FOR SCHOLARSHIPS SUPPORTED BY PRIVATE GIFTS. 97685 97685 CAPITAL PROJECTS TO BENEFIT THE UNIVERSITY OF NORTHERN IOWA - DURING 2019, CAPITAL PROJECTS INCLUDED CONSULTING FEES FOR THE UNI FOOTBALL TEAM MEETING ROOM AND RENOVATIONS TO SCHINDLER EDUCATION CENTER AND THE WEST GYM FOR BENEFIT OF THE WRESTLING PROGRAM. 297253 297253 SUPPORT OF UNIAA 297253 297253 11619745 1 1 0 0 0 0 1 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 X 76 0 1 30 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 33 33 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CO DC FL MD MA MI MN NH NJ NY NC OH OK OR SC TN UT X X X STACY ROBINSON 3192737118 121 COMMONS CEDAR FALLS IA 506140239 X NOREEN HERMANSEN VP FOR PRINCIPAL GIFTS 40.00 0.00 X 141540 0 26551 STEVE GEARHART ASSOC VP FOR UNIV ADV & VP FOR DEV 40.00 0.00 X 131116 0 36020 NATHAN CLAPHAM VICE PRESIDENT OF THE BOARD 40.00 0.00 X 99657 0 37833 JEAN CARLISLE VP/SEC. OF THE BOARD - THRU 1/2020 40.00 1.50 X 98802 0 23492 JIM JERMIER BOARD PRESIDENT 40.00 1.50 X 101442 0 20837 BRUCE MACK FORMER INTERIM PRESIDENT 0.00 0.00 X 106695 0 10072 HILLERY OBERLE AVP OF STRAT. & COMM.- AS OF 10/2019 40.00 1.00 X 92436 0 21091 STACY ROBINSON TREASURER - AS OF 10/2019 40.00 1.50 X 43106 0 5231 TAMERA JENSEN INTERIM TREASURER - THRU 8/2019 40.00 1.50 X 39855 0 561 JAN BITTNER VC-THRU 10/2019; CHAIR-AS OF 10/2019 1.00 0.00 X X 0 0 0 LINDA COOK 2ND VICE CHAIR 1.00 0.00 X X 0 0 0 DAVID TAKES CHAIR-THRU 10/2019; TRUSTEE 2.00 1.00 X X 0 0 0 STEVE ANDERSON TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL ARMBRECHT TRUSTEE 1.00 0.00 X 0 0 0 BOB BOWLSBY TRUSTEE 1.00 0.00 X 0 0 0 CARL BOYD TRUSTEE 1.00 0.00 X 0 0 0 MARGARET BRADFORD TRUSTEE 1.00 0.00 X 0 0 0 KATELYN BROCKMEYER DIRECTOR-STUDENT - AS OF 10/2019 1.00 0.00 X 0 0 0 BRENDA CLANCY TRUSTEE 1.00 0.00 X 0 0 0 DON COFFIN TRUSTEE 1.00 0.00 X 0 0 0 MARY COFFIN TRUSTEE 1.00 0.00 X 0 0 0 DAN FICK TRUSTEE 1.00 0.00 X 0 0 0 LARRY FOX TRUSTEE 1.00 0.00 X 0 0 0 JORGEN HEIDEMAN TRUSTEE 1.00 2.00 X 0 0 0 MICHAEL HOGAN TRUSTEE - THRU 10/2019 1.00 0.00 X 0 0 0 TIM HURLEY TRUSTEE 1.00 0.50 X 0 0 0 RICH JAMES TRUSTEE 1.00 1.00 X 0 0 0 GUANG JIN TRUSTEE 1.00 1.00 X 0 0 0 ROSE LORENZ TRUSTEE 1.00 1.50 X 0 0 0 DAVID MASON TRUSTEE 1.00 0.00 X 0 0 0 JIM MUDD II TRUSTEE 1.00 0.00 X 0 0 0 KATIE MULHOLLAND TRUSTEE 1.00 1.00 X 0 0 0 MARK NOOK TRUSTEE 1.00 1.50 X 0 0 0 DAVID OMAN TRUSTEE 1.00 0.00 X 0 0 0 MARK OMAN TRUSTEE 1.00 0.00 X 0 0 0 DAVE PETERS TRUSTEE - THRU 3/2020 1.00 0.00 X 0 0 0 RICHARD REDFERN TRUSTEE 1.00 0.00 X 0 0 0 REID RICHARDS TRUSTEE 1.00 0.00 X 0 0 0 STEVE SEGEBARTH TRUSTEE 1.00 0.50 X 0 0 0 DUANE SMITH TRUSTEE 1.00 1.00 X 0 0 0 SANDY STEVENS TRUSTEE 1.00 0.00 X 0 0 0 DANIEL WALLER TRUSTEE 1.00 0.00 X 0 0 0 BOBBIE WILLIAMS TRUSTEE 1.00 1.00 X 0 0 0 TIM WILLIAMS TRUSTEE - THRU 4/2020 1.00 0.00 X 0 0 0 MIKE YOUNG TRUSTEE 1.00 1.00 X 0 0 0 MICHAEL HAGER VICE PRESIDENT OF THE BOARD 1.00 0.00 X 0 0 0 MEGAN STULL VP/SEC. OF THE BOARD - AS OF 4/2020 40.00 1.50 X 0 0 0 854649 0 181688 4 0 1 1 RUFFALO NOEL LEVITZ PO BOX 3018 CEDAR RAPIDS IA 52406 FUNDRAISING 221339 MORGAN STANLEY SMITH BARNEY 4449 EASTON WAY COLUMBUS OH 43219 INVESTMENT CONSULTING 183586 ALEXANDER HAAS 3520 PIEDMOND ROAD NE SUITE 300 ATLANTA GA 30305 CAMPAIGN CONSULTING 116584 3 175450 28688137 2578613 28863587 2746271 14026 2732245 1149 1149 40761310 836483 40644428 840324 116882 -3841 113041 20605 92436 94683 175450 94683 0 REGISTRATION FEE INCOME 900099 1341 1341 1341 31725389 0 34631 2827171 1037709 1037709 5374946 5374946 608400 443852 164548 5291577 1728467 1429383 2133727 405 405 81818 81818 292124 292124 1064024 1064024 561549 489482 21409 50658 1082 1082 374465 128909 44727 200829 70680 34542 2663 33475 49720 27147 22573 545096 394126 8033 142937 51111 43546 1600 5965 40809 40809 63359 46576 10905 5878 BUILDING & EQUIP MAINT 1694098 1627236 32917 33945 MEALS & ENTERTAINMENT 418905 216977 12562 189366 BAD DEBT EXPENSE 333877 333877 UBI TAX 7500 7500 278950 135800 72823 70327 18242204 11619745 3275025 3347434 4120446 3506894 8307753 7874597 6663807 13407747 0 0 0 0 0 0 0 0 21858 18078 144562 78897 277414 207809 110414 69605 97957592 108196259 36512643 33190130 0 0 0 0 7990284 7036686 161829359 173378893 288590 341535 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2464718 2379044 2753308 2720579 X 9949541 10059931 149126510 160598383 159076051 170658314 161829359 173378893 X 13483185 -1626892 -274030 X 0 1 X 1 0 X 20930831 16060743 16694617 14801532 28863587 97351310 20930831 16060743 16694617 14801532 28863587 97351310 5704953 91646357 2058657 2284967 2777330 2979082 2733394 12833430 117465 43708 36279 23613 26278 247343 133405 98344 109586 93002 96024 530361 110962444 0.82590 0.79670 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2015 AMOUNT: $ 133,405. 2016 AMOUNT: $ 91,963. 2017 AMOUNT: $ 106,035. 2018 AMOUNT: $ 89,128. 2019 AMOUNT: $ 94,683. REGISTRATION FEE INCOME - 2016 AMOUNT: $ 5,374. 2017 AMOUNT: $ 3,551. 2018 AMOUNT: $ 3,874. 2019 AMOUNT: $ 1,341. MISCELLANEOUS INCOME - 2016 AMOUNT: $ 1,007. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 2.00 0 0 0 1 0 115304597 8124540 43794 2252318 1284041 1574339 118362233 112627055 2956090 5016746 2408204 1221023 1666067 115304597 104281271 4991624 8084676 2267696 1311109 1151711 112627055 94520168 4085145 10374048 2063949 1128765 1505376 104281271 96594499 5514745 -2017115 1983209 1164345 2424407 94520168 0.02600 0.87800 0.09600 1 0 0 277414 207809 69605 0 0 69605 REAL ESTATE 1528055 F FUND OF FUNDS 13389708 F COMMON FUNDS 630387 F OTHER LIMITED PSHIPS 17641980 F 33190130 ANNUITIES PAYABLE 1483382 ANNUITY TRUSTS PAYABLE 580732 UNITRUSTS PAYABLE 314930 2379044 X 29581423 -1626892 546950 -1079942 30661365 1064024 1064024 31725389 17999163 546950 274033 820983 17178180 1064024 1064024 18242204 PART II, LINE 3: CONSERVATION EASEMENTS NO ACTIVITY DURING THE YEAR. PART II, LINE 9: REPORTING OF CONSERVATION EASEMENTS THE CONSERVATION EASEMENT WAS GIVEN OVER 100 YEARS AGO AND IS A PRAIRIE PRESERVE CURRENTLY USED BY THE UNIVERSITY OF NORTHERN IOWA'S BIOLOGICAL RESEARCH DEPARTMENT. UNIVERSITY OF NORTHERN IOWA FOUNDATION HAS REPORTED THE EASEMENT ON THE ORGANIZATION'S BALANCE SHEET WITHIN OTHER ASSETS. PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS THE ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS AND DEPARTMENTAL SUPPORT FOR STUDENTS AT THE UNIVERSITY OF NORTHERN IOWA. PART V, LINES 1A-1G ENDOWMENT FUNDS THE AMOUNTS REPORTED ON THESE LINES ARE THOSE OF THE AUDITED FINANCIAL STATEMENTS. THE FILING ORGANIZATION ADDITIONALLY CONSIDERS THE FOLLOWING AMOUNTS PERMANENTLY RESTRICTED ENDOWMENT. ENDOWMENT HELD AT COMMUNITY FDN OF GREATER DES MOINES $1,007,436 MONEY HELD IN BENEFICIAL TRUST 351,908 ADJUSTMENT FOR BALANCE IN ENDOWMENT PORTFOLIO NET ASSET (29,168) TOTAL $1,330,176 PART X, LINE 2: ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740-10 THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THUS, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAX EFFECTS WITH RESPECT TO ITS FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ANY INTEREST AND PENALTIES RELATED TO INCOME TAXES. THERE WERE NO INTEREST OR PENALTIES RELATED TO INCOME TAXES THAT HAVE BEEN ACCRUED OR RECOGNIZED AS OF AND FOR THE YEARS ENDED JUNE 30, 2020 AND 2019. THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE ORGANIZATION APPLIED THE UNCERTAIN TAX POSITION GUIDANCE TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN AND DETERMINED THERE WERE NO MATERIAL UNRECOGNIZED TAX BENEFITS AS OF THAT DATE. THE ORGANIZATION DOES NOT BELIEVE THERE IS ANY UNCERTAINTY WITH RESPECT TO ITS TAX POSITION WHICH WOULD RESULT IN A MATERIAL CHANGE TO THE FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: PRESENT VALUE LIABILITY ACTUARIAL ADJUSTMENT 274,033. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 7403541 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 23011287 0 0 0 0 0 0 30414828 0 30414828 1 0 1 1 1 0 PART III ACCOUNTING METHOD: X X X X X X 1 RUFFALO NOEL LEVITZ PO BOX 3018 CEDAR RAPIDS IA 52406 PHONE SOLICIT 0 230037 218529 11508 ALEXANDER HAAS 3520 PIEDMONT RD NE ATLANTA GA 30305 CAMPAIGN 0 0 57213 -57213 CAMPBELL & COMPANY ONE EAST WACKER DR STE 2100 CHICAGO IL 60601 CAMPAIGN COMMUNICATIONS 0 0 15000 -15000 230037 290742 -60705 AK AL AR CA CO FL GA HI IL KS KY LA MA MD MI MN MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV RIV AUCTION 196482 129240 67242 67242 WAP AUCTION 60551 36280 24271 24271 2 13100 9930 3170 3170 270133 175450 94683 94683 94683 0 SCHEDULE G, PART I, LINE 1, COLUMN V PAYMENTS FOR FUNDRAISING EXPENSES UNIF REIMBURSES RUFFALO NOEL LEVITZ (RNL) FOR ALL POSTAGE CHARGES AND FILING FEES. AN ESTIMATED FEE IS PROVIDED TO RNL FOR DIRECT MAIL COSTS AND IS RE-EVALUATED AT THE END OF THE YEAR. IF ACTUAL EXPENSE IS GREATER THAN THE ESTIMATED FEE, RNL WILL INVOICE UNIF FOR THE EXCESS. IF ACTUAL EXPENSE IS LESS THAN THE ESTIMATED FEE, RNL WILL REFUND THE DIFFERENCE. ACTUAL EXPENSES FOR FY20 TOTALED $2,035. 1 UNI ALUMNI ASSOCIATION 304 COMMONS UNI CEDAR FALLS IA 50614 421008316 501(C)(4) 70000 PROGRAM SUPPORT UNI ALUMNI ASSOCIATION 304 COMMONS UNI CEDAR FALLS IA 50614 421008316 501(C)(4) 227253 ACTUAL SALARIES PROGRAM SUPPORT UNIVERSITY OF NORTHERN IOWA 1227 W 27TH STREET CEDAR FALLS IA 50614 426004333 SECTION 115 276394 PROGRAM SUPPORT IOWA MUSEUM ASSOCIATION 4423 WYNNEWOOD DR CEDAR FALLS IA 50613 421178533 501(C)(3) 6000 PROGRAM SUPPORT UNIVERSITY OF NORTHERN IOWA 1227 W 27TH STREET CEDAR FALLS IA 50614 426004333 SECTION 115 182836 FMV/APPRAISAL ARTWORK PROGRAM SUPPORT UNIVERSITY OF NORTHERN IOWA 1227 W 27TH STREET CEDAR FALLS IA 50614 426004333 SECTION 115 43229 FMV EQUIPMENT PROGRAM SUPPORT UNIVERSITY OF NORTHERN IOWA 1227 W 27TH STREET CEDAR FALLS IA 50614 426004333 SECTION 115 44533 FMV MEALS PROGRAM SUPPORT UNIVERSITY OF NORTHERN IOWA 1227 W 27TH STREET CEDAR FALLS IA 50614 426004333 SECTION 115 19081 FMV PRINTING PROGRAM SUPPORT UNIVERSITY OF NORTHERN IOWA 1227 W 27TH STREET CEDAR FALLS IA 50614 426004333 SECTION 115 69177 FMV SUPPLIES PROGRAM SUPPORT UNIVERSITY OF NORTHERN IOWA 1227 W 27TH STREET CEDAR FALLS IA 50614 426004333 SECTION 115 97685 FMV CAPITAL PROJECTS 2 1 STUDENT SCHOLARSHIPS AND AWARDS 1717 5374946 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. THE UNIVERSITY OF NORTHERN IOWA'S FINANCIAL AID OFFICE ADMINISTERS GRANTS, SCHOLARSHIPS, AND THE PAYMENT OF PROGRAM FUNDS FROM THE FILING ORGANIZATION TO THE UNIVERSITY AND ITS AFFILIATES. THE FILING ORGANIZATION TESTS THESE AND ALL OTHER GRANTS AGAINST THE ORIGINALLY INTENDED PURPOSE. THE FILING ORGANIZATION PROVIDES SUPPORT TO THE UNIVERSITY OF NORTHERN IOWA ALUMNI ASSOCIATION, AN UNRELATED BUT AFFILIED ORGANIZATION. THIS SUPPORT PROVIDES FINANCIAL RESOURCES THAT PAY FOR THE PAYROLL EXPENSES FOR TWO INDIVIDUALS AT THE UNIVERSITY OF NORTHERN IOWA ALUMNI ASSOCIATION. THE AFFILIATED RELATIONSHIP OF THE TWO ENTITIES ALLOWS FOR TRANSPERANCY AND MONITORING OF THE FURTHERANCE OF THE INTENDED PURPOSE. X X 1 1 0 0 0 0 0 0 0 0 0 NOREEN HERMANSEN VP FOR PRINCIPAL GIFTS 139894 0 0 0 1646 0 14039 0 12512 0 168091 0 0 0 STEVE GEARHART ASSOC VP FOR UNIV ADV & VP FOR DEV 121433 0 0 0 9683 0 12436 0 23584 0 167136 0 0 0 NATHAN CLAPHAM VICE PRESIDENT OF THE BOARD 99262 0 0 0 395 0 10681 0 27152 0 137490 0 0 0 JEAN CARLISLE VP/SEC. OF THE BOARD - THRU 1/2020 97894 0 0 0 908 0 9989 0 13503 0 122294 0 0 0 JIM JERMIER BOARD PRESIDENT 96200 0 0 0 5242 0 9688 0 11149 0 122279 0 0 0 BRUCE MACK FORMER INTERIM PRESIDENT 101826 0 0 0 4869 0 10072 0 0 0 116767 0 0 0 HILLERY OBERLE AVP OF STRAT. & COMM.- AS OF 10/2019 92036 0 0 0 400 0 9254 0 11837 0 113527 0 0 0 STACY ROBINSON TREASURER - AS OF 10/2019 42914 0 0 0 192 0 4141 0 1090 0 48337 0 0 0 TAMERA JENSEN INTERIM TREASURER - THRU 8/2019 39655 0 0 0 200 0 0 0 561 0 40416 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS THE PRESIDENT OF THE UNRELATED UNIVERSITY IS A NON-PAID BOARD MEMBER OF THE FILING ORGANIZATION. WHEN THE PRESIDENT'S SPOUSE TRAVELS WITH THE PRESIDENT AND PERFORMS DONOR DEVELOPMENT FUNCTIONS FOR THE FILING ORGANIZATION, THE SPOUSE'S TRAVEL EXPENSES ARE REVIEWED BY AND ULTIMATELY PAID BY THE FILING ORGANIZATION. PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES THE FILING ORGANIZATION PAID FOR CLUB MEMBERSHIPS FOR JIM JERMIER AND STEVE GEARHART DURING THE FISCAL YEAR. THESE WERE DEEMED TO BE TAXABLE AND INCLUDED IN THE REPORTABLE COMPENSATION. PART I, LINE 3 TOP MANAGEMENT'S COMPENSATION THE PRESIDENT OF THE UNIVERSITY OF NORTHERN IOWA FOUNDATION (UNI FOUNDATION) ALSO HAS A UNIVERSITY APPOINTMENT AS THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT. SALARY FOR THIS POSITION IS PAID THROUGH UNIVERSITY GENERAL FUNDS. THE AMOUNT OF SALARY INCREASE FOR THE UNI FOUNDATION PRESIDENT AND OTHER OFFICERS IS DETERMINED BY THE PRESIDENT OF THE UNIVERSITY IN CONSULTATION, AS NEEDED, WITH THE UNI FOUNDATION BOARD OF TRUSTEES. INCREASES ARE DETERMINED BY A VARIETY OF FACTORS, PRIMARILY THE ACHIEVEMENT OF MUTUALLY-AGREED UPON ANNUAL GOALS BY THE UNIVERSITY PRESIDENT AND THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT/UNI FOUNDATION PRESIDENT. HUMAN RESOURCE SERVICES AT THE UNIVERSITY PROVIDES REGULAR UPDATES REGARDING SALARIES (BY POSITION AND TITLE) AT PEER INSTITUTIONS. FORM 990, PART VII, SECTION A, LINE I AND/OR SCHEDULE J, PART II COMPENSATION FROM AN UNRELATED ORGANIZATION THE UNIVERSITY OF NORTHERN IOWA ("UNI"), AN UNRELATED ORGANIZATION, PAID ALL COMPENSATION FOR THE TEN INDIVIDUALS LISTED BELOW IN (A) AND (B) FOR THEIR SERVICES RENDERED TO THE FILING ORGANIZATION. (A) THE FILING ORGANIZATION DID NOT REIMBURSE UNI FOR COMPENSATION PAID TO JEAN CARLISLE, JIM JERMIER, BRUCE MACK, HILLERY OBERLE, AND MEGAN STULL FOR CALENDAR YEAR 2019 AND FISCAL YEAR 2020. IT ALSO DID NOT REIMBURSE UNI FOR COMPENSATION PAID TO NOREEN HERMANSEN, STEVE GEARHART AND STACY ROBINSON FOR JUNE 2020. (B) THE FILING ORGANIZATION REIMBURSED UNI FOR COMPENSATION PAID TO NOREEN HERMANSEN, STEVE GEARHART, NATHAN CLAPHAM, STACY ROBINSON AND TAMERA JENSEN FOR CALENDAR YEAR 2019 AND FISCAL YEAR 2020 EXCEPT AS NOTED ABOVE FOR JUNE 2020. X 14 182836 FMV/APPRAISAL X 37 642347 FMV X 3 1624 FMV X SALARIES 1 1447878 ACTUAL X AUCTION ITEMS 132 120245 FMV X SUPPLIES 17 71108 FMV X MEALS 24 45744 FMV X EQUIPMENT 8 43229 FMV X PRINTING 6 19081 FMV X GIFT CERTIFICATES 2 2465 FMV X UNIFORMS 2 2056 FMV 2 0 1 0 FORM 990, PART V, LINE 2A: NUMBER OF EMPLOYEES ON FORM W-3 THE NUMBER OF EMPLOYEES LISTED AS BEING ON FORM W-3 IS THE TOTAL EMPLOYEE COUNT FOR THE FILING ORGANIZATION. WHILE THE UNIVERSITY OF NORTHERN IOWA IS THE COMMON PAYMASTER FOR UNI FOUNDATION, THE NUMBER OF EMPLOYEES ONLY INCLUDES THE EMPLOYEE COUNT FOR UNI FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS OR FAMILY RELATIONSHIPS -MARK OMAN AND DAVID OMAN, BOTH TRUSTEES HAVE A FAMILY RELATIONSHIP. -DON COFFIN AND MARY COFFIN, BOTH TRUSTEES HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FILING ORGANIZATION UTILIZES AN INDEPENDENT ACCOUNTING FIRM TO COMPLETE THE FORM 990 AND RELATED SCHEDULES. MANAGEMENT REVIEWS THE FORM 990. UPON MANAGEMENT APPROVAL OF THE FORM 990, THE AUDIT COMMITTEE REVIEWS THE ENTIRE FORM 990 AND SCHEDULES WITH THE OUTSIDE TAX PREPARER AT A VIRTUAL COMMITTEE MEETING. THE AUDIT COMMITTEE CHAIR PRESENTS AN OVERVIEW OF THE FORM 990 TO THE FULL BOARD. A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT A CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO TRUSTEES, OFFICERS AND STAFF. ALL ARE ASKED TO DISCLOSE RELATIONSHIPS AND/OR ORGANIZATIONAL COMMITMENTS TO ASSIST IN IDENTIFYING, MANAGING AND/OR REDUCING CONFLICTS OF INTEREST. QUESTIONNAIRES ARE REVIEWED BY THE PRESIDENT OF THE FOUNDATION OR A DESIGNEE FOR POTENTIAL CONFLICTS OF INTEREST. THE PRESIDENT OF THE FOUNDATION COMMUNICATES WITH NECESSARY INDIVIDUALS TO DETERMINE WHAT ACTION, IF ANY, MUST OCCUR, I.E., REFRAINING FROM BOARD VOTES, ETC. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE PRESIDENT OF THE UNIVERSITY OF NORTHERN IOWA FOUNDATION (UNI FOUNDATION) ALSO HAS A UNIVERSITY APPOINTMENT AS THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT. SALARY FOR THIS POSITION IS PAID THROUGH UNIVERSITY GENERAL FUNDS. SALARY INCREASES FOR FACULTY, PROFESSIONAL STAFF AND ADMINISTRATORS ARE TO A LARGE EXTENT DETERMINED BY COLLECTIVE BARGAINING OF THE FACULTY UNION. THE AMOUNT OF SALARY INCREASE FOR THE UNI FOUNDATION PRESIDENT AND OTHER OFFICERS IS DETERMINED BY THE PRESIDENT OF THE UNIVERSITY IN CONSULTATION, AS NEEDED, WITH THE UNI FOUNDATION BOARD OF TRUSTEES. INCREASES ARE DETERMINED BY A VARIETY OF FACTORS, PRIMARILY THE ACHIEVEMENT OF MUTUALLY-AGREED UPON ANNUAL GOALS BY THE UNIVERSITY PRESIDENT AND THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT/UNI FOUNDATION PRESIDENT. HUMAN RESOURCE SERVICES AT THE UNIVERSITY PROVIDES REGULAR UPDATES REGARDING SALARIES (BY POSITION AND TITLE) AT PEER INSTITUTIONS. ALL WRITTEN DOCUMENTATION IS HELD IN A LOCKED FILE (BOTH PAPER AND ELECTRONIC) WITHIN THE OFFICE OF THE UNI FOUNDATION PRESIDENT AND IS ONLY ACCESSIBLE WITH PERMISSION OF THE RESPECTIVE STAFF MEMBER AND THE UNI FOUNDATION PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PRESENT VALUE LIABILITY ACTUARIAL ADJUSTMENT -274,033. ROUNDING ADJUSTMENT 3. UNIV OF NORTHERN IOWA RESEARCH FNDN 205 COMMONS UNI CEDAR FALLS IA 506140282 391896362 INTELLECTUAL PROPERTY IA 501(C)(3) LINE 12A, I UNI FOUNDATION 1 UNIV OF NORTHERN IOWA PROPERTIES CORP 204 COMMONS UNI CEDAR FALLS IA 506140282 391896366 MANAGE PROPERTY IA 501(C)(3) LINE 12A, I UNI FOUNDATION 1 CHARITABLE REMAINDER ANNUITY TRUSTS (5) TRUST IA UNI FOUNDATION 1 CHARITABLE REMAINDER UNITRUSTS (10) TRUST IA UNI FOUNDATION 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 UNIVERSITY OF NORTHERN IOWA RESEARCH FNDN D 310000 COST