2020-05-15T11:43:13-05:00 2019-06-30 621170651 BROWN JAKE & MCDANIEL PC 2607 KINGSTON PIKE SUITE 110 KNOXVILLE TN 379193336 990 2018-07-01 621844686 THE UNIVERSITY OF TENNESSEE FOUNDATION INC UNIV 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 KERRY W WITCHER PRESIDENT 8659748926 2020-05-15 true JAMES E BOOHER CPA P00286127 8656378600 2020-05-15 104.190.12.28 2020-05-15 11:43:13 CD P 99BC9DED73FF7856A86B4194F495ADA4CD6D5630 311564039E69117CCDDBBDD71BBE29467CF205F3 2018 2021-01-29 14:40:06Z KERRY W WITCHER 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 173524723 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. 25 23 254 2700 0 122903753 131894204 0 11191456 13335869 27899200 28294650 161994409 173524723 22153106 27472077 0 32428124 29061280 71382 64772 64772 50350958 44700990 105003570 101299119 56990839 72225604 455195739 525499436 6258879 6468982 448936860 519030454 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 71487574 27472077 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. 71487574 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 38 0 254 true false false false false false true true false false false false false false X 25 23 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 0 0 0 PHILIP A WENK VICE CHAIR 0.75 X 0 0 0 HANS N AIREE DIRECTOR 0.50 X 0 0 0 J JONATHAN AYERS DIRECTOR 0.50 X 0 0 0 ALEXIS G BOGO DIRECTOR 0.50 X 0 0 0 CHRISTOPHER B BOLLINGER DIRECTOR 0.50 X 0 0 0 RANDALL D BOYD UNIVERSITY P 0.50 X 0 0 0 KEITH S CARVER DIRECTOR 0.50 X 0 0 0 PHILLIP A CLENDENIN DIRECTOR 0.50 X 0 0 0 GREGORY E COX DIRECTOR 0.75 X 0 0 0 KIMBERLEY W CROSS DIRECTOR 0.50 X 0 0 0 ROBERT F DECOSIMO DIRECTOR 0.75 X 0 0 0 ROBERT S DOOLEY DIRECTOR 0.50 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 JOSEPH LAPORTE III DIRECTOR 0.50 X 0 0 0 KATHY W LEDBETTER DIRECTOR 0.50 X 0 0 0 BETSY B MELBY DIRECTOR 0.50 X 0 0 0 CHARLES E MOORE DIRECTOR 0.75 X 0 0 0 RICHARD H SAIN DIRECTOR 0.50 X 0 0 0 BETTY ANN TANNER DIRECTOR 0.50 X 0 0 0 RONALD L TURNER PAST CHAIR 0.60 X 0 0 0 CHARLES A WAGNER III DIRECTOR 0.75 X 0 0 0 ALAN WILSON UNIVERSITY T 0.50 X 0 0 0 KERRY W WITCHER PRESIDENT 40.00 X 184348 0 32220 RICKEY MCCURRY FORMER PRESI 40.00 X 272631 0 16469 LISA N TAYLOR FORMER CFO/T 40.00 X 167569 0 50375 RON MAPLES INTERIM CFO 12.00 28.00 X 0 225942 93271 RACHAEL R LEBLANC SECRETARY 40.00 X 61559 0 28621 ALDENA PHILLIPS FORMER ASST. 40.00 X 0 171776 35592 WILLIAM R BRYANT JR DEVELOPMENT 40.00 X 397812 0 83796 LOVE COLLINS III DEVELOPMENT 40.00 X 336283 0 53061 WOODROW M HENDERSON DEVELOPMENT 40.00 X 287598 0 54874 KURT J GULBRAND DEVELOPMENT 40.00 X 247325 0 52113 BETHANY K GOOLSBY DEVELOPMENT 40.00 X 234363 0 54698 LELAND D PATOUILLET DEVELOPMENT 40.00 X 228647 0 49662 KEITH D BARBER DEVELOPMENT 40.00 X 207714 0 52664 JAMES F OBEAR DEVELOPMENT 40.00 X 179055 0 46324 STEPHEN H CATLETT DEVELOPMENT 40.00 X 178047 0 29310 STATLER S REAGAN DEVELOPMENT 40.00 X 174761 0 42270 ANDREW THOMAS SHEEHY DEVELOPMENT 40.00 X 173550 0 60707 ANDREW A WILSON DEVELOPMENT 40.00 X 165247 0 45976 MICHAEL O CARTER DEVELOPMENT 40.00 X 156443 0 44810 BRIAN D SHUPE DEVELOPMENT 40.00 X 156152 0 59538 ROBERT M GIBSON DEVELOPMENT 40.00 X 145918 0 57359 GREGORY R HARRIS DEVELOPMENT 40.00 X 143839 0 40171 A ERICK WEBER DEVELOPMENT 40.00 X 143149 0 42211 TIMOTHY P LANIER DEVELOPMENT 40.00 X 132077 0 41678 LINDA N FRIEDLAND DEVELOPMENT 40.00 X 127163 0 34858 4501250 397718 1202628 22 false true false 131894204 19258132 131894204 13335869 13335869 CONTRACT WITH UT 27947950 27947950 UTRF DIRECT SUPPORT 269087 269087 ALUMNI 50590 50590 27023 27023 28294650 173524723 41630519 27472077 27472077 4671392 4671392 18368354 5292866 13075488 2079978 369381 1710597 2484737 463600 2021137 1456819 277688 1179131 64772 64772 2919649 1883726 1035923 808487 248925 559562 13149147 12292281 856866 CAPITAL PROJECTS 13848155 13848155 OTHER 8336761 6480000 1856761 SUPPLIES 3219133 1932446 1286687 ENTERTAINMENT 1516096 433566 1082530 903562 492863 410699 101299119 71487574 29746773 64772 22338 23500 6141097 13944018 124813770 142720935 4672 217165 322294886 361890352 1918976 6703466 455195739 525499436 303292 285045 54740 32835 5900847 6151102 6258879 6468982 X 16962514 18980759 174400787 187726891 257573559 312322804 448936860 519030454 455195739 525499436 X 72225604 -1752450 -379560 X false true X true false X 113327411 117554798 86319808 122903753 131894204 571999974 113327411 117554798 86319808 122903753 131894204 571999974 9004834 562995140 4214337 6608552 8779387 11191456 13335869 44129601 25769011 28033798 28934874 27899200 28294650 138931533 755061108 0.74560 0.74800 X PART II, LINE 10 WOOTEN FARM RENT 110,000 OTHER 607,175 CONTRACT WITH UT 137,929,548 BOATHOUSE RENT 131,936 SIEGEL WAREHOUSE RENT 152,874 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 259707807 53981511 7988356 9184366 312493308 227893785 30296960 9417173 7900111 259707807 196307210 25314410 13041748 6769583 227893785 168052694 36940383 -3587785 5098082 196307210 106989114 64192540 541072 3670032 168052694 1.00000 false false UT INVESTMENT POOL 245006326 F INVESTMENTS - WITH UT 58301879 F INVESTMENTS - RAYMOND JAMES 46847537 F FIRST TENNESSEE TRUST 9492311 F ENDOWMENT HELD @ FIDELITY 2242299 F 361890352 ANNUITY PAYABLE 4448942 ACCRUED ANNUAL LEAVE 1702160 6151102 X 173618644 -1752450 2225931 -379560 93921 173524723 173524723 103525050 2225931 2225931 101299119 101299119 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, 2019, 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 -379,560 X X X true RUFFALO NOEL LEVITZ 1025 KIRKWOOD PKWY SW CEDAR RAPIDS IA 52404 PART IV false 58577 64772 -6195 58577 64772 -6195 All States false THE UNIVERSITY OF TENNESSEE 301 ANDY HOLT TOWER KNOXVILLE TN 37996 626001636 27472077 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 184348 13386 18834 216568 RICKEY MCCURRY FORMER PRESIDENT 26606 246025 2736 13733 289100 LISA N TAYLOR FORMER CFO/TREASURER 167569 33023 17352 217944 RON MAPLES INTERIM CFO 225942 67090 26181 319213 ALDENA PHILLIPS FORMER ASST. TREAS. 171776 34537 1055 207368 WILLIAM R BRYANT JR DEVELOPMENT 315812 82000 53483 30313 481608 LOVE COLLINS III DEVELOPMENT 336283 25350 27711 389344 WOODROW M HENDERSON DEVELOPMENT 261816 25782 28715 26159 342472 KURT J GULBRAND DEVELOPMENT 234541 12784 22467 29646 299438 BETHANY K GOOLSBY DEVELOPMENT 234363 25738 28960 289061 LELAND D PATOUILLET DEVELOPMENT 212522 16125 24204 25458 278309 KEITH D BARBER DEVELOPMENT 207714 24204 28460 260378 JAMES F OBEAR DEVELOPMENT 163968 15087 18373 27951 225379 STEPHEN H CATLETT DEVELOPMENT 163506 14541 18302 11008 207357 STATLER S REAGAN DEVELOPMENT 158961 15800 17393 24877 217031 ANDREW THOMAS SHEEHY DEVELOPMENT 158896 14654 32946 27761 234257 ANDREW A WILSON DEVELOPMENT 165247 18190 27786 211223 MICHAEL O CARTER DEVELOPMENT 156443 17033 27777 201253 BRIAN D SHUPE DEVELOPMENT 145162 10990 31870 27668 215690 ROBERT M GIBSON DEVELOPMENT 139418 6500 30099 27260 203277 GREGORY R HARRIS DEVELOPMENT 130339 13500 12930 27241 184010 A ERICK WEBER DEVELOPMENT 136275 6874 14893 27318 185360 TIMOTHY P LANIER DEVELOPMENT 132077 14430 27248 173755 LINDA N FRIEDLAND DEVELOPMENT 109011 5507 12645 12048 22810 162021 X 465 14134832 HIGH/LOW STOCK PRICE AVG X 9 5123300 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 -379,560 UTFI REAL ESTATE LLC 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 REAL EST. TN 5990780 N/A