2020-05-14T11:45:00-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2018-07-01 596211832 UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC UNIV 4078821220 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 MIKE MORSBERGER CEO 4078821220 2020-05-14 1 AMY CHAPMAN P00843460 4078021200 2020-05-13 67.137.57.251 2020-05-14 11:44:05 ED P 42EE0E9546D8AEB8E437C990FBA34D5D7A5B1CB7 7C9E50716FB973409AABF3CDC52F762CBE1B3BE9 2018 2020-11-19 02:30:22Z MIKE MORSBERGER 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 100423089 0 X WWW.UCFFOUNDATION.ORG X 1968 FL TO ENCOURAGE, STEWARD & CELEBRATE CONTRIBUTIONS FROM ALUMNI & FRIENDS TO SUPPORT UCF. 32 28 0 2800 48477 41994 52586430 41905820 1865859 1148682 13652007 5744743 3984982 2636334 72089278 51435579 22364588 27064985 0 0 13784394 14951842 230629 243260 7769860 9218033 10863052 45597644 53123139 26491634 -1687560 338113316 397772897 20935749 76074140 317177567 321698757 X THE UCF FOUNDATION ENCOURAGES, STEWARDS AND CELEBRATES CHARITABLE CONTRIBUTIONS FROM ALUMNI AND FRIENDS TO SUPPORT THE UNIVERSITY OF CENTRAL FLORIDA. 0 0 5653437 5648417 158400 ATHLETICS - ATHLETICS EXPENSES PAID IN SUPPORT OF THE UCF ATHLETICS PROGRAM ENHANCE THE OVERALL ACADEMIC & ATHLETIC EXPERIENCE FOR STUDENTS & HELP PROVIDE FUNDS NECESSARY FOR UCF ATHLETICS TO CONTINUE DEVELOPING A NATIONALLY COMPETITIVE ATHLETICS PROGRAM & FOR UCF STUDENT ATHLETES TO SUCCEED IN THE CLASSROOM & IN COMPETITION. THE AVERAGE GPA FOR STUDENT-ATHLETES HAS EXCEEDED A 3.0 BENCHMARK DURING EACH TERM FOR THE PAST TWELVE YEARS, WHICH IS THE LONGEST STREAK IN SCHOOL HISTORY. DURING THE UNIVERSITY'S RECENTLY CONCLUDED 8 YEAR IGNITE CAMPAIGN, $110.7 MILLION IN GIFTS & COMMITMENTS WAS RAISED FOR ATHLETICS PROGRAMS, SCHOLARSHIPS & FACILITIES. TEN OF UCF'S 15 PROGRAMS ARE EQUAL TO OR ABOVE THE NATIONAL AVERAGE FOR THEIR SPORT: MEN'S GOLF, FOOTBALL, MEN'S BASKETBALL, WOMEN'S TENNIS, WOMEN'S ROWING, WOMEN'S VOLLEYBALL, WOMEN'S SOCCER, SOFTBALL, WOMEN'S TRACK & FIELD, AND WOMEN'S BASKETBALL. 19647136 14963075 284059 ACADEMIC - ACADEMIC EXPENSES PAID IN SUPPORT OF THE UCF PROGRAMS INCLUDE FUNDING FOR ACADEMIC PROGRAMS, SALARIES FOR UNIVERSITY EMPLOYEES AND FELLOWSHIPS TO REWARD AND ENCOURAGE SOME OF UCF'S MOST ACCOMPLISHED STUDENTS. OUTSTANDING FACULTY INSPIRE STUDENTS, FOSTER & ENHANCE STRONG ACADEMIC PROGRAMS & SERVE AS A KEY ELEMENT TO INSTITUTIONAL GREATNESS. ENDOWED CHAIRS, EMINENT SCHOLAR POSITIONS AND DISTINGUISHED PROFESSORSHIPS ARE PRESTIGIOUS ACADEMIC POSITIONS HELD BY THE UNIVERSITY'S MOST ACCOMPLISHED FACULTY & SPENDING TO SUPPORT THESE POSITIONS HELPS THE UNIVERSITY MAINTAIN A HIGH STANDARD OF ACADEMIC EXCELLENCE. SPENDING TO SUPPORT RESEARCH PROJECTS & INNOVATIVE PROGRAMS FURTHER IMPROVES THE UCF LEARNING EXPERIENCE. DURING THE UNIVERSITY'S RECENTLY CONCLUDED IGNITE CAMPAIGN (2011-2019), $233.5 MILLION IN GIFTS & COMMITMENTS WERE RAISED FOR ACADEMIC EXCELLENCE (FACULTY AND PROGRAMS) & 12 NEW ENDOWED FACULTY POSITIONS CREATED. 4215755 4063350 10881 STUDENT AID - UCFF IS DEDICATED TO ENRICHING THE LIVES OF UCF STUDENTS; THEREFORE, SOLICITS DONATIONS TO SUPPORT SCHOLARSHIPS TO BENEFIT UCF STUDENTS. SCHOLARSHIPS ARE DESIGNED TO REWARD, ENCOURAGE & ASSIST STUDENTS IN PURSUING ACADEMIC EXCELLENCE. SCHOLARSHIPS HELP ATTRACT A DIVERSE STUDENT BODY THAT CONTINUES TO BRING VARIOUS TALENTS & AMBITIOUS GOALS TO ALL FACETS OF THE UNIVERSITY. STUDENT SUCCESS IS A PRIORITY AND 405 NEW SCHOLARSHIPS WERE ADDED DURING THE PERIOD OF 2011-2019, PROVIDING MORE THAN $66 MILLION IN AID TO STUDENTS OF WHICH $9.7 MILLION WAS PROVIDED TO FIRST-GENERATION STUDENTS. THIS SET A RECORD FOR FIRST-GENERATION SCHOLARSHIPS FUNDRAISING DESIGNED FOR THOSE WHO ARE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE WITH UCF RECEIVING A 2:1 MATCH FUNDING FROM THE STATE OF FLORIDA. THROUGHOUT THE CAMPAIGN MORE THAN $4.4 MILLION IN SUPPORT WAS RAISED FOR FIRST-GENERATION STUDENT AID, WITH ELIGIBLE FUNDS GENERATING A STATE MATCH OF $5.2 MILLION. NEED-BASED SCHOLARSHIPS CAN MAKE THE DREAM OF A HIGHER EDUCATION ACHIEVABLE & ENABLE STUDENTS TO FOCUS ON THEIR ACADEMIC SUCCESS. THE 2019 FRESHMAN CLASS SET A NEW BAR FOR ACADEMIC EXCELLENCE WITH AN AVERAGE GPA OF 4.14. THIS FALL, 90 NEW NATIONAL MERIT SCHOLARS CHOSE UCF, BOASTING THE UNIVERSITY'S NATIONAL MERIT SCHOLAR ENROLLMENT TO 340, THE LARGEST IN UCF HISTORY. SCHOLARSHIP FUNDS ARE TRANSFERRED TO THE UNIVERSITY FOR ADMINISTRATION AND PROCESSING. 7680902 2390144 749715 OTHER PROGRAM SERVICES DIRECTLY RELATED TO THE FOUNDATION'S MISSION. 7680902 2390144 749715 37197230 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 1 X 100 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 32 28 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 1 0 AK CA KY MD MA MI MN NH NJ NY OK OR SC UT WI X X MIKE MORSBERGER 4078821220 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 THE HONORABLE BEVERLY SEAY UCF BOARD OF TRUSTEES DSO DESIGNEE 1.00 0.00 X 0 0 0 BRIAN BUTLER DIRECTOR 1.00 0.00 X 0 0 0 BRUCE GOULD ATTORNEY DIRECTOR 1.00 0.00 X 0 0 0 CARRIE CALLAHAN DIRECTOR 1.00 0.00 X 0 0 0 CATHERINE MCCAW-ENGELMAN DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER TOMASSO DIRECTOR 1.00 0.00 X 0 0 0 DRCLARENCE BROWN DIRECTOR 1.00 0.00 X 0 0 0 CLINT BULLOCK DIRECTOR 1.00 0.00 X 0 0 0 DIANE MAHONY DIRECTOR 1.00 0.00 X 0 0 0 DIANNE OWEN DIRECTOR 1.00 0.00 X 0 0 0 DRDOUGLAS GEARITY DIRECTOR 1.00 0.00 X 0 0 0 EVA TUKDARIAN CPA DIRECTOR 1.00 0.00 X 0 0 0 DRGIDEON LEWIS DIRECTOR 1.00 0.00 X 0 0 0 JOYCE VIRGA DIRECTOR 1.00 0.00 X 0 0 0 JUDITH ALBERTSON DIRECTOR 1.00 0.00 X 0 0 0 KEVIN MILLER ATTORNEY DIRECTOR 1.00 0.00 X 0 0 0 LORETTA COREY DIRECTOR 1.00 0.00 X 0 0 0 MARCOS MARCHENA THRU 119 DIRECTOR 1.00 0.00 X 0 0 0 MARY BETH MORGAN DIRECTOR 1.00 0.00 X 0 0 0 RICHARD J WALSH DIRECTOR 1.00 0.00 X 0 0 0 SARA BERNARD ATTORNEY DIRECTOR 1.00 0.00 X 0 0 0 SCOTT BUESCHER RESIGNED 3119 DIRECTOR 1.00 0.00 X 0 0 0 DRTRACEY GUILLOT-HENLEY DIRECTOR 1.00 0.00 X 0 0 0 DANIEL WARD CHAIR, UCF ALUMNI BOARD AND EX-OFFICER VOTING DIRE 1.00 0.00 X 0 0 0 ALAN FLOREZ TREASURER & CHAIR, FINANCE COMMITTEE 1.00 0.00 X X 0 0 0 ANTONIO MORENO VICE CHAIR 1.00 0.00 X X 0 0 0 JAMES FERRELL CPA CHAIR, INVESTMENT COMMITTEE 1.00 0.00 X X 0 0 0 JOHN EULIANO VICE CHAIR 1.00 0.00 X X 0 0 0 JUAN RODRIGUEZ CHAIR, INFORMATION TECHNOLOGY COMMITTEE 1.00 0.00 X X 0 0 0 MICHAEL OKATY ATTORNEY CHAIR, REAL ESTATE COMMITTEE 1.00 0.00 X X 0 0 0 NELSON MARCHIOLI CHAIR 1.00 0.00 X X 0 0 0 PHYLLIS KLOCK IMMEDIATE PAST CHAIR & CHAIR, GOVERNANCE COMMITT 1.00 0.00 X X 0 0 0 RICHARD O BALDWIN JR CHAIR, AUDIT COMMITTEE 1.00 0.00 X X 0 0 0 ROBERT GARVY CHAIR, UCF BOARD OF TRUSTEES & EX-OFFICIO VOTING 1.00 0.00 X X 0 0 0 RONALD C THOW SECRETARY 1.00 0.00 X X 0 0 0 THADDEUS SEYMOUR EX-OFFICIO /INTERIM PRES. UCF 1.00 0.00 X 0 0 0 A DALE WHITTAKER 1018-219 PRESIDENT, UNIV. OF CENTRAL FLORIDA (UCF) 1.00 0.00 X 0 0 0 DAVID ALBERTSON UCF AA PRESIDENT 1.00 0.00 X 0 0 0 MICHAEL J MORSBERGER CHIEF EXECUTIVE OFFICER 40.00 0.00 X 466015 0 47476 MISTY SHEPHERD THRU 92018 CHIEF FINANCIAL OFFICER 40.00 0.00 X 195605 0 38646 DORCAS WILKINSON THRU 92018 CHIEF OPERATING OFFICER 40.00 0.00 X 208092 0 40228 RACHEL SCHAEFER CHIEF OPERATING OFFICER 40.00 0.00 X 182921 0 25326 KAREN COCHRAN SR. ASSOC. VP FOR ADVANCEMENT (CDO) 40.00 0.00 X 325827 0 45636 JEFFREY COATES ASSOCIATE VP ADV, COLLEGE & UNITS 40.00 0.00 X 251062 0 29848 JULIE STROH SR. ASSOCIATE VP FOR ALUMNI ENGAGEMENT/ANNUAL GIVI 40.00 0.00 X 235716 0 41733 MARK WRIGHT ASSISTANT VP FOR ATHLETICS DEVELOPMENT 40.00 0.00 X 215178 0 36096 WILLIAM DEAN ASSOCIATE VP ADV, PRINCIPAL GIFTS 40.00 0.00 X 225266 0 27281 2305682 0 332270 29 0 1 0 SHAFFER AC REFRIGERATOR SVCS INC 12488 KIRBY SMITH ROAD ORLANDO FL 32832 BUILDING SERVICES-HVAC CONTRACTORS 449692 DIGITAL CONVERGENCE ALLIANCE INC PO BOX 50008 COLUMBIA SC 29250 MASTER CONTROL SERVICES FOR WUCF TV 347156 GMI GROUP INC SUITE R SUWANEE SUWANEE GA 30024 MAINTENANCE 331273 CUSHMAN & WAKEFIELD 12424 RESEARCH PARKWAY ORLANDO FL 32826 BUILDING MANAGEMENT SERVICES 300193 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 FUNDRAISING SERVICES 234924 21 78271 13977054 27850495 498858 41905820 PROGRAM REVENUES 611710 1148682 1148682 1148682 3512758 3512758 271221 271221 9678518 7347131 2331387 2331387 2331387 43731286 41499301 2231985 2231985 2231985 84799 78271 140498 -55699 13425 -69124 2772 580 2192 2192 MISCELLANEOUS REVENUE 900099 54373 54373 ADVERTISING REVENUE 541800 32860 32860 87233 51435579 1203055 48477 8278227 27002231 27002231 62754 62754 1248145 405434 842711 10149641 2221897 3799524 4128220 777839 116600 324537 336702 1893578 284772 770906 837900 882639 285998 294489 302152 24556 11960 12596 93844 93844 262431 262431 243260 243260 747444 747444 945314 585161 155713 204440 222347 128606 81421 12320 624508 215950 126406 282152 787916 134895 643879 9142 1448900 1228583 42129 178188 749911 575426 70140 104345 191743 6667 185076 78666 5919 72747 UCF PROGRAMMING 2430545 2425662 4883 BANQUETS & RECEPTION 1206086 908180 104085 193821 SPONSORSHIP/MEMBERSHIPS 436410 237917 111627 86866 SMALL EQUIPMENT&RENTALS 214272 177575 29056 7641 398159 318046 80113 53123139 37197230 8156049 7769860 1400 1100 16651633 8471473 29299253 29266719 434960 494165 2352450 2352450 976331 587063 159148857 29618412 75481744 129530445 96301497 89345389 116292254 137097880 321794 626213 338113316 397772897 973992 1960446 31063 58445 19455000 73618000 475694 437249 20935749 76074140 X 125067689 126606373 56026744 55912445 136083134 139179939 317177567 321698757 338113316 397772897 -1687560 6208750 0 X 0 1 X 1 0 X 29500099 41260393 43802712 52586430 41905820 209055454 29500099 41260393 43802712 52586430 41905820 209055454 285748 208769706 12262411 11601797 12097203 12620198 13459049 62040658 151417 95752 44206 28408 51925 371708 1277 274 2407 66211 83505 153674 271621494 153674 0.76860 0.71940 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2014 AMOUNT: $ 1,277. 2015 AMOUNT: $ 274. 2016 AMOUNT: $ 2,407. 2017 AMOUNT: $ 66,211. 2018 AMOUNT: $ 83,505. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 0 0 1 271021 0 0 271021 0 PART II-B, LINE 1: THE FOUNDATION PROVIDES FUNDING FOR GOVERNMENTAL RELATIONS AND LOBBYING EFFORTS ON BEHALF OF THE UNIVERSITY. THE GOVERNMENT RELATIONS INCLUDE CULTIVATING, MAINTAINING, AND ENHANCING THE LINK BETWEEN UCF AND THE VARIOUS PUBLICS IT SERVES AND TO CREATE AND IMPLEMENT COMMUNITY-BASED PROGRAMS. THIS IS TO INCREASE KNOWLEDGE AND UNDERSTANDING OF THE UNIVERSITY WITHIN KEY EXTERNAL COMMUNITIES. X 1 0.25 0 0 1 0 1.00 163512131 3103705 7946303 1851418 4418779 3515725 164776217 156908945 6040685 10144015 1346979 3957296 4277239 163512131 146460803 4718583 14757487 1195132 3914450 3918346 156908945 150688036 3395955 1519006 1579101 3903831 3659262 146460803 154614861 3877774 911663 1314156 3642735 3759372 150688035 0.01190 0.98810 0 0 63847796 63847796 91259573 28156960 63102613 648702 648702 0 3392786 812750 2580036 129530445 HEXAVEST WORLD EQUITY FUND 10790350 F SSGA RUSSELL 3000 INDEX NL CTF 13018180 F MSCI ACWI IMI NL INDEX CTF 24751390 F OTHER SECURITIES <5% OF TOTAL INVESTMENTS 88537960 F 137097880 TENANT SECURITY & KEY DEPOSIT 29287 ANNUITY PAYMENT LIABILITY 407962 437249 X 64360076 6208750 7497186 13705936 50654140 781439 781439 51435579 59838886 7497186 7497186 52341700 781439 781439 53123139 PART II, LINE 9: THE FOUNDATION HAS ONE CONSERVATION EASEMENT (50 FOOT CONSERVATION EASEMENT FOR DRAINAGE ALONG THE EASTERLY BOUNDARY OF THE PROPERTY), WHICH WAS INCLUDED IN THE VALUE OF THE LAND ON THE FOUNDATION'S BALANCE SHEET. PART V, LINE 4: THE FOUNDATION AUTHORIZES SPENDING FROM ITS ENDOWMENT TO SUPPORT THE UNIVERSITY'S STUDENT SCHOLARSHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, AND ACADEMIC PROGRAMS. PART X, LINE 2: THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF ITS TAX POSITION IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED AGAINST RENTAL REVENUE 7,347,131. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 149,475. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 580. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENTS FEES NETTED AGAINST INVESTMENT REVENUE 747,444. VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 33,995. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED AGAINST RENTAL REVENUE 7,347,131. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 149,475. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 580. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENTS FEES NETTED AGAINST INVESTMENT REVENUE 747,444. VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 33,995. X X X X X X X 1 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 503030718 CALL CENTER 0 211683 222560 -10877 ANNUAL GIVING NETWORK LLC PO BOX 201 MEDFIELD MA 02052 CONSULTANTS 0 0 11000 -11000 BENTZ WHALEY FLESSNER & ASSOCIATES 7251 OHMS LANE MINNEAPOLIS MN 55439 CONSULTANTS 0 0 9700 -9700 211683 243260 -31577 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS MO NH NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI NV NJ LA PINEAPPLE BALL - ROSEN COLLEGE 70970 19860 51110 98 1844 37968 63655 FOOTBALL KICKOFF LUNCHEON 56595 37660 18935 2 35505 20751 14754 480 4698 28705 3050 163070 78271 84799 578 6542 66673 66705 140498 -55699 PART I, LINE 2B, COLUMN (V): THE FOUNDATION USED THE FOLLOWING FUNDRAISERS FOR THE CURRENT TAX YEAR: RUFFALO NOEL LEVITZ, BENTZ WHALEY FLESSNER & ASSOCIATES, AND ANNUAL GIVING NETWORK LLC. THERE WILL BE NO GROSS RECEIPTS GENERATED FROM THESE VENDORS SINCE THE VENDOR IS PROVIDING RESEARCH SUPPORT AND CONSULTING SERVICES TO THE FOUNDATION'S DEVELOPMENT OFFICE REGARDING SOLICITATION STRATEGIES. IN ADDITION TO PROFESSIONAL FEE EXPENSES PAID TO RUFFALO NOEL LEVITZ, BENTZ WHALEY FLESSNER & ASSOCIATES, AND ANNUAL GIVING NETWORK, LLC, THE FOUNDATION REIMBURSED THE COMPANIES $11,948.16, $1,166.65, AND $2,830.44 RESPECTIVELY. THIS WAS FOR BUSINESS TRAVEL AND INCIDENTAL EXPENSES IN ACCORDANCE WITH THE CONTRACTS. 0 UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 592924021 115(1) 20461838 FUNDING FOR PROGRAMS AND SCHOLARSHIPS UCF GOLDEN KNIGHTS CORPORATION INC PO BOX 163555 ORLANDO FL 32826 203794571 501(3) 1150497 ATHLETICS STADIUM SUPPORT UCF CONVOCATION CORPORATION INC 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 161733312 501(3) 592944 CONVOCATION CENTER SUPPORT UCF ATHLETICS ASSOCIATION INC PO BOX 163555 ORLANDO FL 32826 592334448 501(3) 4119235 ATHLETIC SCHOLARSHIP AND PROGRAM SUPPORT UNIVERSITY OF CENTRAL FLORIDA RESEARCH FOUNDATION 12201 RESEARCH PARKWAY ORLANDO FL 32826 593086453 501(3) 677717 RESEARCH ACTIVITY 5 TICKETS, CLOTHES, MEALS, AND MISC. FOR STUDENTS 580 14061 PURCHASE PRICE TICKETS/CLOTHES/MEALS TRAVEL AND REGISTRATION PAYMENTS FOR VARIOUS STUDENTS 291 40795 PURCHASE PRICE TRAVEL/REGISTRATION EDUCATIONAL EQUIPMENT AND SUPPLIES 17 204 PURCHASE PRICE EQUIPMENT/SUPPLIES OTHER SUPPORT 7 7000 CASH VALUE CASH AWARD PART I, LINE 2: THE FOUNDATION MAINTAINS THE APPROVED EXPENDITURE REQUEST WHICH SUBSTANTIATE THE GRANT AMOUNTS PROVIDED TO THE RECIPIENTS. THE FOUNDATION MAINTAINS DONOR INFORMATION, RELATED CONTRIBUTION DOCUMENTATION, AND ANY DONOR RESTRICTIONS OUTLINED BY THE DONOR INCLUDING SCHOLARSHIP CRITERIA. THE GRANTS ARE MADE TO THE UNIVERSITY OR UNIVERSITY AFFILIATED ENTITIES AND THE FOUNDATION RELIES ON THE POLICIES, PROCEDURES, AND CONTROLS ESTABLISHED BY THESE ENTITIES FOR EXPENDITURE TRACKING AND PROPER ADMINISTRATION OF THE GRANTS FOR SCHOLARSHIP AWARDS. X X X 1 1 X 0 0 0 0 0 0 0 0 0 MICHAEL J MORSBERGER CHIEF EXECUTIVE OFFICER 440773 0 0 0 25242 0 23452 0 24024 0 513491 0 0 0 MISTY SHEPHERD THRU 92018 CHIEF FINANCIAL OFFICER 195605 0 0 0 0 0 17127 0 21519 0 234251 0 0 0 DORCAS WILKINSON THRU 92018 CHIEF OPERATING OFFICER 201972 0 0 0 6120 0 16737 0 23491 0 248320 0 0 0 RACHEL SCHAEFER CHIEF OPERATING OFFICER 182442 0 0 0 479 0 15708 0 9618 0 208247 0 0 0 KAREN COCHRAN SR. ASSOC. VP FOR ADVANCEMENT (CDO) 316760 0 0 0 9067 0 23419 0 22217 0 371463 0 0 0 JEFFREY COATES ASSOCIATE VP ADV, COLLEGE & UNITS 242423 0 0 0 8639 0 20783 0 9065 0 280910 0 0 0 JULIE STROH SR. ASSOCIATE VP FOR ALUMNI ENGAGEME 227127 0 0 0 8589 0 19702 0 22031 0 277449 0 0 0 MARK WRIGHT ASSISTANT VP FOR ATHLETICS DEVELOPME 189505 0 19073 0 6600 0 15633 0 20463 0 251274 0 0 0 WILLIAM DEAN ASSOCIATE VP ADV, PRINCIPAL GIFTS 216199 0 0 0 9067 0 18517 0 8764 0 252547 0 0 0 PART I, LINE 1A 1. FIRST-CLASS OR CHARTER TRAVEL - CHARTER FLIGHTS ARE PROVIDED FOR THE PRESIDENT AND OTHER EXECUTIVE LEADERSHIP TO TRAVEL TO LOCATIONS WITH LIMITED COMMERCIAL FLIGHTS AND FACILITATES EN ROUTE MEETING PREPARATION. FIRST CLASS TRAVEL PROVIDED TO THE PRESIDENT EMERITIS OF THE UNIVERSITY FOR HEALTH REASONS AND TO ACCOMMODATE PREPARATION FOR MEETINGS PER UNIVERSITY POLICY. TOTAL SPENT ON CHARTER FLIGHT TRAVEL IS $6,055.79. 2. TAX INDEMNIFICATION AND GROSS UP PAYMENTS - FOR VARIOUS UNIVERSITY EMPLOYEES, THE FOUNDATION MADE SUPPLEMENT PAYMENTS CALCULATED ANNUALLY WHICH INCLUDED GROSSED-UP AMOUNTS FOR TAX PURPOSES PER UNIVERSITY POLICY. THE TOTAL GROSSED-UP AMOUNTS WERE INCLUDED IN THE EMPLOYEES' REPORTABLE TAXABLE COMPENSATION. TOTAL GROSSED-UP AMOUNTS IS $216,270. 3. HEALTH OR SOCIAL CLUB DUES - THE FOUNDATION PROVIDES CERTAIN SOCIAL CLUB MEMBERSHIPS FOR FUNDRAISING, DONOR CULTIVATION, OR OTHER BUSINESS PURPOSES. THE PERSONAL PORTION OF THE MEMBERSHIPS IS INCLUDED IN THE INDIVIDUALS' TAXABLE COMPENSATION. TOTAL CLUB DUES PAID WERE $39,791. A UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC 596211832 2008-12-30 10400000 REFUND PRIOR ISSUE 2008 0 0 0 B UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC 596211832 2009-12-17 12540000 REFUND PRIOR ISSUE 2009 0 0 0 A 1640000 10400000 1 0 1 1 B 12433674 106326 1 0 1 1 A 0 1 0 1 1 0.00000 0.03960 0.03960 0 0 0 B 0 1 0 1 1 0.00000 0.02070 0.02070 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 DR JOHN HITT EX-OFF DIR OF UCFF 143361 CUSTODIAL SERVICES TO SUNTRUST. DR. HITT IS A DIRECTOR OF SUNTRUST, CENTRAL FLORIDA. IN THE CURRENT YEAR, THE UCF FOUNDATION HAS MADE PAYMENT OF $143,361 TO SUNTRUST BANKS FOR CUSTODIAL SERVICES RELATED TO THE FOUNDATIONS INVESTMENTS. 0 X 4 0 X 0 X 16891 498858 FMV WHEN RECEIVED X 1 0 X 4 0 X 7 0 X 1 0 X FURNITURE 1 0 X EQUIPMENT 16 0 X MISCELLANEOUS 3 0 1 0 1 1 PART I, LINE 30B: PART I, TYPES OF PROPERTY LINE 1, 5, 9,16,18,19, & 20 THE FOUNDATION RECEIVED SEVERAL DONOR GIFT IN-KIND CONTRIBUTIONS DURING THE YEAR INCLUDING EQUIPMENT, REAL ESTATE AND ART WORK. THESE GIFTS IN-KIND PASSED THROUGH THE FOUNDATION TO THE UNIVERSITY AND ARE NOT INCLUDED IN THE FOUNDATION'S REVENUE BECAUSE THE FOUNDATION ONLY SERVES AS AN AGENT FOR THE UNIVERSITY. PART I, LINE 32B: PART II - PART I USE OF THIRD PARTY TO SELL NONCASH CONTRIBUTIONS. THE FOUNDATION INSTRUCTS U.S. BANK, AS CUSTODIAN OF ITS INVESTMENTS, TO SELL ANY STOCK GIFTS RECEIVED BY THE FOUNDATION. STOCKS ARE VALUED AT THE AVERAGE OF THE HIGH AND LOW MARKET PRICE ON THE DAY OF RECEIPT. FORM 990, PART V, LINE 2A NUMBER OF EMPLOYEES REPORTED ON FORM W3: ALL EMPLOYEES ARE UNIVERSITY OF CENTRAL FLORIDA EMPLOYEES; THEREFORE, THE UNIVERSITY OF CENTRAL FLORIDA ADMINISTERS THE EMPLOYEE COMPENSATION AND HUMAN RESOURCE PROCESS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS AUTHORIZED AND EMPOWERED TO ACT FOR, IN THE NAME OF AND ON BEHALF OF THE UCF FOUNDATION BOARD AT ALL TIMES WHEN THE BOARD IS NOT MEETING. FORM 990, PART VI, SECTION A, LINE 2 DAVID ALBERTSON AND JUDY ALBERTSON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FOLLOWING IS THE REVIEW AND DISTRIBUTION PROCESS FOR THE FOUNDATION'S ANNUAL FORM 990: THIS PROCESS SHALL BE FOLLOWED EACH YEAR PRIOR TO FILING THESE DOCUMENTS WITH THE IRS. 1. THE CFO AND CEO SHALL REVIEW BOTH THE FORM 990 AND THE FORM 990-T AND RESOLVE ANY OUTSTANDING ISSUES OR QUESTIONS WITH THE INDEPENDENT ACCOUNTING FIRM REVIEWING OR PREPARING THE FORMS BEFORE DISTRIBUTION TO THE AUDIT COMMITTEE OR THE BOARD. IT IS THE CFO'S AND CEO'S RESPONSIBILITY TO CONFIRM THAT THESE FORMS DO NOT CONTAIN ANY UNTRUE STATEMENTS OR OMIT ANY MATERIAL FACTS AS WELL AS ENSURE THE FINANCIAL INFORMATION FAIRLY REPRESENTS THE FOUNDATION'S FINANCIAL CONDITION FOR THE PERIOD BEING REPORTED. 2. THE AUDIT COMMITTEE SHALL REVIEW THE DRAFT FORM 990 PRIOR TO FILING WITH THE IRS AND SHALL DOCUMENT THEIR DISCUSSION AND REVIEW OF THE DOCUMENTS IN THE COMMITTEE MEETING MINUTES. FINAL REVIEW OF THE FORM 990 IS SPECIFICALLY DELEGATED TO THE AUDIT COMMITTEE AND NO FURTHER REVIEW SHALL BE REQUIRED BEFORE SUCH FORMS ARE FILED WITH THE IRS. THE DRAFT FORM 990 SHALL BE PROVIDED TO EACH VOTING BOARD MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. DISTRIBUTION MAY BE IN THE FORM OF ELECTRONIC MAIL, NOTIFICATION LINK TO AN ELECTRONIC WEBSITE, OR ACTUAL MAILING OF THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND KEY EMPLOYEES SHALL BE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE FORM. THIS ANNUAL DISCLOSURE FORM WILL REQUEST SPECIFIC INFORMATION REGARDING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE FOUNDATION AND WHETHER PROCESS FOR APPROVAL SET FORTH IN THIS POLICY WAS USED. AN INTERESTED PERSON WHO HAS OR LEARNS ABOUT A POTENTIAL CONFLICT SHOULD DISCLOSE PROMPTLY TO THE CHAIR OF THE BOARD DUE DILIGENCE COMMITTEE AND THE FOUNDATION'S CFO THE MATERIAL FACTS SURROUNDING ANY POTENTIAL CONFLICT OF INTEREST, INCLUDING SPECIFIC INFORMATION CONCERNING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE FOUNDATION. ALL EFFORTS SHOULD BE MADE TO DISCLOSE ANY SUCH CONTRACT OR TRANSACTION AND HAVE IT APPROVED BY THE COMMITTEE BEFORE THE ARRANGEMENT IS ENTERED INTO. FOLLOWING RECEIPT OF INFORMATION CONCERNING A CONTRACT OR TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST. THE BOARD DUE DILIGENCE COMMITTEE SHALL CONSIDER THE MATERIAL FACTS CONCERNING THE PROPOSED CONTRACT OR TRANSACTION, INCLUDING THE PROCESS BY WHICH THE DECISION WAS MADE TO RECOMMEND ENTERING INTO THE ARRANGEMENT ON THE TERMS PROPOSED. THE COMMITTEE SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE TO THE FOUNDATION AND THE ARRANGEMENT IS CONSISTENT WITH THE BEST INTEREST OF THE FOUNDATION. FAIRNESS INCLUDES, BUT IS NOT LIMITED TO, THE CONCEPTS THAT THE FOUNDATION SHOULD PAY NO MORE THAN FAIR MARKET VALUE FOR ANY GOODS OR SERVICES WHICH THE FOUNDATION RECEIVES AND THAT THE FOUNDATION SHOULD RECEIVE FAIR MARKET VALUE CONSIDERATION FOR ANY GOODS OR SERVICES THAT IT FURNISHES OTHERS. WHEN AN INTERESTED PERSON BECOMES AWARE OF A PROPOSED CONFLICT OF INTEREST TRANSACTION, HE OR SHE WILL HAVE A DUTY TO TAKE THE FOLLOWING ACTIONS: (A) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF SUCH CONFLICT OF INTEREST TRANSACTION TO THE CHAIR OF THE DUE DILIGENCE COMMITTEE AND TO THE FOUNDATION'S CFO; (B) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE FOUNDATION TO ENTER INTO THE CONFLICT OF INTEREST TRANSACTION; (C) AND PHYSICALLY RECUSE THEMSELVES FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE CONFLICT OF INTEREST TRANSACTION WITH OFFICIALS OF THE FOUNDATION, AT MEETINGS OF THE BOARD OF DIRECTORS, AND WITH OTHER MEMBERS OF THE FOUNDATION COMMUNITY, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION ABOUT THE CONFLICT OF INTEREST TRANSACTION. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF THE VOTE ON THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15B THE UNIVERSITY HUMAN RESOURCES DEPARTMENT REVIEWS COMPARABLE SALARY DATA. MARKET DATA FROM SALARY SURVEY SOURCES IS USED TO ASSIGN AN ACCURATE VALUE TO THE POSITION IN THE EXTERNAL LABOR MARKET. SURVEY MATCHES ARE BASED ON THE PRIMARY DUTIES OF THE POSITION. THE SURVEY DATA PROVIDES SALARY AND DEMOGRAPHIC DATA FOR SELECTED POSITIONS NATIONWIDE AND IS REPORTED IN A STATISTICAL FORMAT INDICATING THE AVERAGE AND MEDIAN SALARIES AND ADDITIONAL PERCENTILES (I.E. 25TH, 75TH). THE UNIVERSITY HR DEPARTMENT REVIEWS COMPARABLE SURVEY DATA WHEN AN EMPLOYEE IS HIRED OR PROMOTED. THE EXECUTIVE COMMITTEE CONSISTS OF THE FOLLOWING: THE CHAIR, VICE CHAIRS, SECRETARY, TREASURER, IMMEDIATE PAST CHAIR, UNIVERSITY PRESIDENT, CHAIR OF THE BOARD OF TRUSTEES, CHAIR OF THE UCF ALUMNI BOARD OF DIRECTORS, CHAIR OF ALL OTHER STANDING COMMITTEES OF THE UCF FOUNDATION BOARD. THE UCF FOUNDATION BOARD AND ITS COMMITTEES ADHERE TO ROBERT'S RULES AND ALL DELIBERATIONS OCCUR WITHIN PUBLICLY NOTICED MEETINGS IN ACCORDANCE WITH FLORIDA SUNSHINE LAW. ANY OFFICIAL ACTION MUST BE APPROVED BY A VOICE VOTE. PROXIES OR WRITTEN VOTES ARE NOT PERMITTED. WE CAPTURE FULL MEETING MEETINGS, INCLUDING ACTIONS, IN WRITING. THESE MINUTES ARE STORED WITHIN OUR ELECTRONIC RECORDS UPON THE RESPECTIVE COMMITTEE'S APPROVAL VIA AN OFFICIAL ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, 990 TAX DOCUMENTS, AND FINANCIAL STATEMENTS ARE PUBLISHED ON THE FOUNDATION'S WEBSITE OR ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). UNIVERSITY OF CENTRAL FLORIDA REAL ESTATE FOUNDATION 12424 RESEARCH PRKY STE 140 ORLANDO FL 32826 596211832 REAL ESTATE FL 0 43402203 N/A KNIGHTS KROSSING STUDENT HOUSING LLC 12424 RESEARCH PRKY STE 140 ORLANDO FL 32826 596211832 REAL ESTATE FL 0 9733000 N/A