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OF INVESTMENTS 40.00 X 182386 0 18457 MR ROBERT KOSTER VICE PRESIDENT/CFO 40.00 X 202969 0 39662 MS TRACI PHELAN CONTROLLER 40.00 X 128795 0 23235 MS CATHERINE RENNER ACCOUNTS PAYABLE MANAGER 40.00 X 107804 0 16040 MS BARBARA ESCH SENIOR ACCOUNTANT 40.00 X 101569 0 22169 1325926 0 205364 7 0 1 0 CAMBRIDGE ASSOCIATES LLC 125 HIGH STREET BOSTON MA 02110 INVESTMENT MANAGEMENT SERVICES 2998973 ADAGE CAPITAL MANAGEMENT LP 200 CLARENDON STREET BOSTON MA 02116 INVESTMENT MANAGEMENT SERVICES 802500 LONE PINE CAPITAL TWO GREENWICH PLAZA 2ND FLOOR GREENWICH CT 06830 INVESTMENT MANAGEMENT SERVICES 582686 MOSER CONSTRUCTION LLC 4411 MILLBROOK BRYANT AR 72022 CONSTRUCTION 561852 ARIEL INVESTMENTS 200 EAST RANDOLPH STREET CHICAGO IL 60601 INVESTMENT MANAGEMENT SERVICES 538712 18 190496698 11565084 190496698 19323352 111240 19212112 3013 3013 1421593777 151527 1431318879 283600 -9725102 -132073 -9857175 -9857175 199965888 0 111240 9357950 69355873 69355873 1145445 1145445 516054 516054 51605 51605 89611 89611 86330 86330 25485 25485 52400 52400 5825424 5825424 10234 10234 78686 78686 75119 75119 71609 71609 20470 20470 44611 44611 77448956 69355873 8093083 0 27274658 43656718 31425 257025 31425 620408800 676124474 544230082 653711068 4475979 5326231 1196646544 1378849916 2405368 2281928 15457664 15492470 17863032 17774398 X 106304205 117892372 178339914 218482083 894139393 1024701063 1178783512 1361075518 1196646544 1378849916 X 122516932 62290259 -2515185 X 0 1 X 1 0 X 73167513 61084273 49752363 186179050 190574861 560758060 73167513 61084273 49752363 186179050 190574861 560758060 222894620 337863440 14828104 13756440 15732713 16563730 19326365 80207352 2182296 2182296 643147708 50043 0.52530 0.60060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 876.28 1 1 40.00 1500 1 937789761 138941392 70524277 54690582 1092564848 745715920 143540889 88717343 40184391 937789761 657003473 22328342 102026790 35642685 745715920 676235015 23547593 -6857180 35921955 657003473 638358061 35497176 30399411 28019633 676235015 0.04930 0.92200 0.02870 0 0 31425 31425 31425 OTHER PARTNERSHIPS 249020838 F NON-MARKETABLE ALTERNATIVES 234179799 F MARKETABLE ALTERNATIVES 170510431 F 653711068 ANNUITY OBLIGATIONS 15492470 15492470 256508886 62290259 78163 62368422 194140464 5825424 5825424 199965888 74216880 2593348 2593348 71623532 5825424 5825424 77448956 PART II, LINE 9: CONSERVATION EASEMENTS ARE RECORDED AS REVENUE AT FAIR MARKET VALUE ON THE DATE OF THE RECEIPT. THEY ARE CARRIED ON THE BALANCE SHEET AT THIS VALUE AND ARE SUBJECT TO IMPAIRMENT ANALYSIS. PART V, LINE 4: TO PROVIDE SUPPORT FOR THE UNIVERSITY OF ARKANSAS SYSTEM. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CASH VALUE OF LIFE INSRUANCE 78,163. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR LOSS ON UNCOLLECTIBLE PLEDGES 1,431,644. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 1,161,704. 1 UNIVERSITY OF ARKANSAS SYSTEM 2404 NORTH UNIVERSITY AVENUE LITTLE ROCK AR 72207 716003252 UA - SYSTEM 3400562 EDUCATIONAL/RESEARCH UNIVERSITY OF ARKANSAS FAYETTEVILLE UNIVERSITY OF ARKANSAS FAYETTEVILLE AR 72701 716003252 UA - SYSTEM 37307221 EDUCATIONAL/RESEARCH DIVISION OF AGRICULTURE 2301 SOUTH UNIVERSITY AVENUE LITTLE ROCK AR 72204 716003252 UA - SYSTEM 1831799 EDUCATIONAL/RESEARCH UNIVERSITY OF ARKANSAS AT LITTLE ROCK 2801 S UNIVERSITY AVENUE LITTLE ROCK AR 72204 710236904 UA - SYSTEM 6295104 EDUCATIONAL/RESEARCH UNIVERSITY OF ARKANSAS FOR MEDICAL SCIENCES 4301 W MARKHAM ST LITTLE ROCK AR 72205 716046242 UA - SYSTEM 9348334 EDUCATIONAL/RESEARCH UNIVERSITY OF ARKANSAS AT MONTICELLO UNIVERSITY OF MONTICELLO MONTICELLO AR 71656 716008509 UA - SYSTEM 777240 EDUCATIONAL/RESEARCH UNIVERSITY OF ARKANSAS AT PINE BLUFF 1200 N UNIVERSITY DRIVE PINE BLUFF AR 71601 716010030 UA - SYSTEM 1222267 EDUCATIONAL/RESEARCH UAMS WINTHROP P ROCKEFELLER CANCER INSTITUTE 4301 W MARKHAM ST 721 LITTLE ROCK AR 72205 716046242 UA - SYSTEM 8729002 EDUCATIONAL/RESEARCH UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT BATESVILLE PO BOX 3350 BATESVILLE AR 72503 710445264 UA - SYSTEM 63381 EDUCATIONAL/RESEARCH UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT MORRILTON 1537 UNIVERSITY BOULEVARD MORRILTON AR 72110 710353619 UA - SYSTEM 123454 EDUCATIONAL/RESEARCH UNIVERSITY OF ARKANSAS PULASKI TECHNICAL COLLEGE 3000 WEST SCENIC DRIVE NORTH LITTLE ROCK AR 72118 710411512 UA - SYSTEM 257509 EDUCATIONAL/RESEARCH 11 PART I, LINE 2: THE USE OF FUNDS IS MONITORED VIA THE ACCOUNTS PAYABLE PROCESS. ALL FUNDS DISBURSED ARE REVIEWED FOR COMPLIANCE WITH DONOR INTENT. X X X X 0 0 0 0 0 0 0 0 0 MR CLAY H DAVIS PRESIDENT/CEO/TREASURER 364965 0 0 0 0 0 27541 0 17406 0 409912 0 0 0 MS DIANNA LEE VP/COO/SECRETARY 237438 0 0 0 0 0 23848 0 17006 0 278292 0 0 0 MS VICKIE FERGUSON VICE PRESIDENT/DIR. OF INVESTMENTS 182386 0 0 0 0 0 18265 0 192 0 200843 0 0 0 MR ROBERT KOSTER VICE PRESIDENT/CFO 202969 0 0 0 0 0 20606 0 19056 0 242631 0 0 0 MS TRACI PHELAN CONTROLLER 128795 0 0 0 0 0 12970 0 10265 0 152030 0 0 0 X 96 5911934 AVG. HIGH/LOW SELLING PR X 1 5595150 FMV X 1 58000 FMV 0 1 1 PART I, LINE 32B: THE FOUNDATION DOES UTILIZE THIRD PARTY REAL ESTATE FIRMS, AGENTS AND STOCK BROKERS TO LIQUIDATE GIFTS OF PROPERTY. FORM 990, PART VI, SECTION A, LINE 7A THE 25 MEMBERS OF THE GOVERNING BODY ARE APPOINTED AS FOLLOWS: -4 MEMBERS BY THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ARKANSAS -2 MEMBERS BY THE VOLUNTEER ADVANCEMENT ORGANIZATION OF THE FAYETTEVILLE CAMPUS OF THE UNIVERSITY OF ARKANSAS -2 MEMBERS BY THE VOLUNTEER ADVANCEMENT ORGANIZATION OF THE MEDICAL SCIENCES CAMPUS OF THE UNIVERSITY OF ARKANSAS -2 MEMBERS BY THE VOLUNTEER ADVANCEMENT ORGANIZATION OF THE LITTLE ROCK CAMPUS OF THE UNIVERSITY OF ARKANSAS -2 MEMBERS BY THE VOLUNTEER ADVANCEMENT ORGANIZATION OF THE MONTICELLO CAMPUS OF THE UNIVERSITY OF ARKANSAS -2 MEMBERS BY THE VOLUNTEER ADVANCEMENT ORGANIZATION OF THE PINE BLUFF CAMPUS OF THE UNIVERSITY OF ARKANSAS -2 MEMBERS BY THE VOLUNTEER ADVANCEMENT ORGANIZATION OF THE AGRICULTURAL DEVELOPMENT COUNCIL OF THE UNIVERSITY OF ARKANSAS -4 MEMBERS BY THE FOUNDATION'S BOARD OF DIRECTORS -2 MEMBERS BY THE VOLUNTEER ADVANCEMENT ORGANIZATION OF THE WINTHROP ROCKEFELLER CANCER INSTITUTE OF THE UNIVERSITY OF ARKANSAS -1 MEMBER BY THE VOLUNTEER ADVANCEMENT ORGANIZATION OF THE UA COMMUNITY COLLEGE AT BATESVILLE FOUNDATION FUND -1 MEMBER BY THE VOLUNTEER ADVANCEMENT ORGANIZATION OF THE UA COMMUNITY COLLEGE AT MORRILTON FOUNDATION FUND -1 MEMBER BY THE VOLUNTEER ADVANCEMENT ORGANIZATION OF THE ARKANSAS SCHOOL FOR MATHEMATICS, SCIENCES, AND THE ARTS FOUNDATION FUND FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE IN CONSULTATION WITH MANAGEMENT AND INDEPENDENT TAX ACCOUNTANT. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE FORM ON AN ANNUAL BASIS DISCLOSING ACTUAL OR POTENTIAL CONFLICTS OF INTEREST OR AFFIRMATIVELY STATING THAT NO ACTUAL OR POTENTIAL CONFLICT EXISTS. IN ADDITION, BOARD MEMBERS RESPONSIBLE FOR INVESTMENT DECISIONS ARE PROVIDED A LIST OF ENTITIES PROVIDING SERVICES TO THE ENDOWMENT AND EACH MEMBER IS REQUIRED TO DISCLOSE IN WRITING ANY RELATIONSHIP WITH SUCH ENTITIES. THE PRESIDENT AND CEO REVIEWS ALL BOARD CONFLICT OF INTEREST DISCLOSURE FORMS AND COUNTERSIGNS EACH AS PROOF OF REVIEW. ANY POTENTIAL CONFLICT OF INTEREST IS REPORTED TO THE EXECUTIVE COMMITTEE WHICH MUST APPROVE THE ARRANGEMENT BY A MAJORITY OF MEMBERS WITH THE BOARD MEMBER IN QUESTION ABSTAINING FROM SUCH VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR PRESIDENT AND CEO, OTHER OFFICERS AND KEY EMPLOYEES INCLUDES REVIEW AND APPROVAL BY BOTH A COMPENSATION COMMITTEE AND THE EXECUTIVE COMMITTEE. AN INDEPENDENT COMPENSATION CONSULTANT PROVIDES COMPARABLE COMPENSATION DATA TO THE COMPENSATION COMMITTEE. CONTEMPORANEOUS DOCUMENTATION WITH RESPECT TO DELIBERATIONS AND DECISIONS IS MAINTAINED. THE PROCESS IS UNDERTAKEN ANNUALLY AND WAS LAST UNDERTAKEN FOR THE TAX YEAR BEING REPORTED. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE ON OUR WEBSITE. FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, & GOVERNING DOCS WILL BE SUPPLIED TO ANYONE WHO REQUESTS (WITHIN TIME-FRAME DESIGNATED BY IRS). FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,161,704. UNCOLLECTIBLE PLEDGES -1,431,644. CHANGE IN CASH VALUE OF LIFE INSURANCE 78,163. 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