2019-05-09T14:55:25-05:00 2018-06-30 KPMG LLP 1212 NORTH 96TH ST STE 300 Omaha NE 68114 990 2017-07-01 470379839 University of Nebraska Foundation % Troy K Wilhelm UNIV 4024581100 PO Box 82555 Lincoln NE 68501 TROY K WILHELM CFO 4024581100 2019-05-02 true Donald Neal JR P00798244 4023481450 167.68.102.5 47006120191295000000 2019-05-09 P 55718AD0153E791F3315D72D27656E543FED7AC8 55718AD0153E791F3315D72D27656E543FED7AC8 2017 2019-02-21 02:37:17Z TROY K WILHELM 1010 LINCOLN MALL STE 300 Lincoln NE 68508 1171353190 false X www.nufoundation.org X 1936 NE The University of Nebraska Foundation grows relationships and resources that enable the University of Nebraska to change lives and save lives. 15 14 247 49 672047 0 170073803 186350042 0 0 109998078 116675452 1728311 2277962 281800192 305303456 193906504 180567332 0 0 19225220 20255838 676229 651584 20028206 19372180 20216615 233180133 221691369 48620059 83612087 2333127362 2449920425 387183697 392854311 1945943665 2057066114 The University of Nebraska Foundation grows relationships and resources that enable the University of Nebraska to change lives and save lives. false false 180567332 180567332 0 The University of Nebraska Foundation raises and manages private financial support from individuals, corporations and other foundations for the benefit of the University of Nebraska. 180567332 true true false false false false false true false true true true false false true true false true false false true false false true false false false true false true false false false false false false false true true true false false true true true true false false true 109 0 true 247 true true true false false false false true true false true true false X 15 14 true false true false true true false true true false false false true true true true true true true false CA IN KY MD MA MI MN NH NJ NY OR SC UT X X Troy K Wilhelm 4024581100 1010 Lincoln Mall Suite 300 Lincoln NE 68508 X Brian F Hastings PRESIDENT & CEO 40.0 0.0 X X 427407 0 47931 JoAnn Martin Board Chair 1.0 0.0 X X 0 0 0 William D Jackman Board Chair-Elect 1.0 0.0 X X 0 0 0 Tonn M Ostergard Director 1.0 0.0 X 0 0 0 Dan Bahensky Director 1.0 0.0 X 0 0 0 Paul Engler Director 1.0 0.0 X 0 0 0 Charles D Fritch MD Director 1.0 0.0 X 0 0 0 John Gottschalk Director 1.0 0.0 X 0 0 0 Karen L Himle Director 1.0 0.0 X 0 0 0 Margaret Holman Director 1.0 0.0 X 0 0 0 Norman Hedgecock Director 1.0 0.0 X 0 0 0 Mark Chronister Director 1.0 0.0 X 0 0 0 Rodrigo Lopez Director 1.0 0.0 X 0 0 0 John D Massey Director 1.0 0.0 X 0 0 0 Carey Hamilton Director 1.0 0.0 X 0 0 0 Don Voelte Director 1.0 0.0 X 0 0 0 Jane E Miller Director 1.0 0.0 X 0 0 0 Troy K Wilhelm CFO & Treasurer 40.0 0.0 X 250103 0 33442 Keith D Miles SVP, General Counsel, Corp Sec 40.0 5.0 X 206330 0 41093 Chet A Poehling Assoc General Counsel, Asst Co 40.0 0.0 X 76498 0 15823 Kimberly Peschka Bilder Assoc General Counsel, Asst Co 40.0 5.0 X 76925 0 6029 Lori Byrne SVP, Development 40.0 0.0 X 248672 0 44106 Amy Volk SVP, UNMC Development 40.0 0.0 X 221258 0 37068 John Niemann SVP, Development 30.0 0.0 X 197638 0 29084 Brian Neale Senior Director of Investments 40.0 0.0 X 184289 0 41132 Dara Troutman Chief of Staff 40.0 0.0 X 174693 0 21814 D Joe Selig SVP, UNL Development 40.0 0.0 X 242214 0 36698 2306027 0 354220 32 true true false Ruffalo Noel Levitz LLC 1025 Kirkwood Parkway SW Cedar Rapids IA 52404 Fundraising 1029944 Frontier Capital Management Company 99 Summer Street Boston MA 02110 Investment Advisor 501809 Cliffwater LLC 4640 Admiralty Way Ste 1101 Marian Del Rey CA 90292 Investment Advisor 500004 Union Bank Trust Company 6811 S 27th Street Lincoln NE 68512 Investment Advisor 499022 Iridian Asset Management LLC 276 Post Road West Westport CT 06880 Investment Advisor 357306 16 1152811 185197231 15946422 186350042 0 41220983 672047 40548936 0 836 836 1374029 215013 1159016 0 1159016 1159016 941289190 865834721 75454469 75454469 75454469 0 0 0 0 0 0 0 0 0 Change in Value of Split Interest Agreements 900099 1118110 1118110 1118110 305303456 672047 118281367 180567332 180567332 0 0 0 1059070 807179 251891 0 14399921 4601084 9798837 1047783 366819 680964 2687963 907091 1780872 1061101 360624 700477 607484 607484 41724 41724 183092 183092 0 651584 651584 8613343 8613343 192678 192678 1574973 1574973 57743 20077 37666 0 0 1709941 594546 1115395 560479 560479 0 352462 122551 229911 0 0 1958727 0 681049 1277678 151075 52529 98546 Paid to Beneficiaries 2626376 2626376 Postage 94293 32786 61507 Telephone Expense 167063 58088 108975 Equipment Rental 784396 272734 511662 540766 146655 394111 221691369 180567332 21095831 20028206 40694057 48722225 373190508 400376618 201954103 187807244 156503 321630 0 0 0 0 5679038 4487620 0 0 24584 34492 90709894 12626495 78141472 78083399 855612947 870193160 775807353 857668874 0 0 0 0 1866797 2225163 2333127362 2449920425 1326940 1974166 18448296 17396958 3117121 2725369 0 0 0 0 0 0 16970399 17558742 0 0 347320941 353199076 387183697 392854311 X 13112489 26097489 964964217 1020023428 967866959 1010945197 1945943665 2057066114 2333127362 2449920425 83612087 27510362 X false true X true false X 258109001 212727293 229962709 170073803 186350042 1057222848 0 0 258109001 212727293 229962709 170073803 186350042 1057222848 60513416 996709432 35935101 36468477 40047901 47850826 42595848 202898153 0 0 1260121001 0.79096 0.79890 X 261343 1898995 X X false 1309216091 48742930 96150705 55602753 1398506973 1191210120 36103062 134388492 52485583 1309216091 1232624081 53387946 -43899952 50901955 1191210120 1229576250 50284890 -767184 46469875 1232624081 1062031217 62864849 147650127 42969943 1229576250 0.27700 0.72300 false false 9941652 8313797 18255449 17685800 40659534 2366696 55978638 3578178 1069118 2509060 10530933 9190681 1340252 78083399 LIMITED PARTNERSHIPS 89869619 F COMMINGLED FUNDS 374772231 F HEDGE FUNDS 169380093 F INDEX FUNDS - PUBLIC EQUITY 209493035 F CERTIFICATE OF DEPOSITS 9750227 C MISCELLANEOUS INVESTMENTS 4403669 C 857668874 0 DEFERRED ANNUITIES PAYABLE 16643508 DEPOSITS HELD IN CUSTODY 336555568 353199076 X Schedule D, Part III, Line 4 COLLECTIONS OF ART, HISTORICAL TREASURES, AND OTHER SIMILIAR ASSETS The collections include works of art, books, poems, and other historical treasures housed at various centers and museums at the University of Nebraska's campuses. These collections further expand the educational experiences of the students at the institution. Schedule D, Part V, Line 4 Endowment Funds Endowment funds are intended to support the University of Nebraska. Schedule D, Part X, Line 2 FIN 48 FOOTNOTE The Foundation is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code. The Foundation recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Such tax positions, which are more than 50% likely of being realized, are measured at their highest value. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. During fiscal years 2018 and 2017, management determined there are no income tax positions requiring recognition in the consolidated financial statements. Central America and the Caribbean 24 Investments 209829816 Europe (Including Iceland and Greenland) 4 Investments 16288691 28 28 226118507 226118507 true false false false true false Schedule F, Part I, Line 3(f) Value of Investments Value of Investments: $226,693,784 Expense paid to managers: ($575,277) ________________ Total on page 1: $226,118,507 X true Ruffalo Noel Levitz LLC 1025 Kirkwood Parkway SW Cedar Rapids IA 52404 Phone Solicit false 375624 651584 -275960 375624 651584 -275960 AL AK AR CA CO CT DC FL GA HI IL IN IA KS KY LA ME MD MA MI MN MS MO MT NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA WA WV WI true University of Nebraska 3835 Holdredge Street Lincoln NE 68588 470049123 501(c)(3) 178796623 1169181 FMV/APPRAISALS DONATED FOR UNIV USE University Support The Alumni Assoc of the University of NE - Lincoln 1520 R Street Lincoln NE 68508 470378980 501(c)(3) 350000 Alumni Association Support Alumni Association Support UNMC Alumni Association 985200 Nebraska Med Center Omaha NE 68198 270733750 501(c)(3) 230000 Alumni Association Support Alumni Association Support THE NEBRASKA MEDICAL CENTER 988145 Nebraska Med Center Omaha NE 68198 911858433 501(C)(3) 6278 Program Support UNF Charitable Gift Fund 1010 Lincoln Mall Lincoln NE 68508 200288992 501(C)(3) 15250 Scholarship Support 5 Schedule I, Part I, Line 2 Grant Funds Grant funds are paid upon submission of request for said funds after the expenses are incurred at the IRC Section 501(c)(3) affiliated organizations. X true true X X X X false false false false false false false false false Brian F Hastings PRESIDENT & CEO 379254 0 39000 0 9153 0 21600 0 28784 0 477791 0 0 0 Troy K Wilhelm CFO & Treasurer 245425 0 3750 0 928 0 20097 0 14748 0 284948 0 0 0 Keith D Miles SVP, General Counsel, Corp Sec 192258 0 4573 0 9499 0 16385 0 26111 0 248826 0 0 0 Lori Byrne SVP, Development 236797 0 7186 0 4689 0 19398 0 26111 0 294181 0 0 0 Amy Volk SVP, UNMC Development 201849 0 4725 0 14684 0 16582 0 21860 0 259700 0 0 0 John Niemann SVP, Development 186952 0 4386 0 6300 0 15659 0 14663 0 227960 0 0 0 Brian Neale Senior Director of Investments 172074 0 12131 0 84 0 14801 0 27734 0 226824 0 0 0 Dara Troutman Chief of Staff 169908 0 3902 0 883 0 13978 0 8635 0 197306 0 0 0 D Joe Selig SVP, UNL Development 232722 0 5426 0 4066 0 19441 0 18660 0 280315 0 0 0 Schedule J, Part I, Line 1A SOCIAL DUES FOR SELECTED EMPLOYEES AVAILABLE BASED UPON JOB RESPONSIBILITIES. Tonn Ostergard Director, Union Bank 514915 Management of Assets false Schedule L, Part IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS TONN OSTERGARD IS ON THE BOARD OF DIRECTORS FOR UNION BANK AND TRUST. UNION BANK AND TRUST PROVIDES ASSET MANAGEMENT SERVICES TO THE UNIVERSITY OF NEBRASKA FOUNDATION. DURING FISCAL YEAR 2018, $514,915 WAS PAID TO UNION BANK AND TRUST FOR ASSET MANAGEMENT SERVICES. X 8 261343 Appraisal X 4316 Fair Market Value X 350 15479563 Fair Market Value X 2 4832 Fair Market Value X Guitar 1 2500 Fair Market Value X Crops 3 11764 Fair Market Value X Horses 2 30000 Appraisal X Industriable Vacuum System 1 1000 Fair Market Value X Microscope 1 3750 Fair Market Value X Surgical Equipment 1 8500 Fair Market Value X Therapy Pool 1 94400 Appraisal X Wood Working Equipment 1 1734 Fair Market Value X CSV of Life Ins Policy 1 42720 Fair Market Value 6 false true true Schedule M, Part I, Column (B) AMOUNTS LISTED IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS. Schedule M, Part I, Line 32B THIRD PARTIES THE ORGANIZATION USES BROKERS TO SELL STOCK GIFTS AND REAL ESTATE GIFTS. Form 990, Part IV, Line 4 The University of Nebraska Foundation does not engage in lobbying activities. The University of Nebraska engages an external firm for an insubstantial amount of lobbying activities and pays for those services from unrestricted funds held at the University of Nebraska Foundation. Form 990, Part VI, Line 2 BOARD RELATIONSHIPS TONN OSTERGARD, DIRECTOR, AND JOANN MARTIN, DIRECTOR, BOTH SERVE ON THE BOARD OF DIRECTORS FOR AMERITAS. Form 990, Part VI, Line 4 During fiscal year 2018, the foundation updated its bylaws to address changes in committee structures as well as membership on the board of directors. Form 990, Part VI, Line 6 TRUSTEE MEMBERS TRUSTEES ARE CONSIDERED MEMBERS OF THE ENTITY. Form 990, Part VI, Line 7a ELECTIONS OF BOARD OF DIRECTORS TRUSTEES ELECT THE BOARD OF DIRECTORS. Form 990, Part VI, Line 11b REVIEW OF THE FORM 990 THE APPROVAL OF THE FORM 990 HAS BEEN DELEGATED BY THE BOARD OF DIRECTORS TO THE TAX REVIEW SUBCOMMITTEE. THE TAX REVIEW SUBCOMMITTEE CONSISTS OF THREE ELECTED DIRECTORS - THE BOARD CHAIR, BOARD CHAIR-ELECT AND AUDIT COMMITTEE CHAIR. THE TAX REVIEW SUBCOMMITTEE REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING. THE FORM 990 WITH SCHEDULE B REDACTED IS SENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Line 12c CONFLICT OF INTEREST POLICY ANNUAL COMPLETION OF THE CONFLICT OF INTEREST DISCLOSURE STATEMENT IS REQUIRED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. STATED DISCLOSURES ARE INVESTIGATED BY IN-HOUSE LEGAL COUNSEL AND REPORTED TO THE CHAIR OF THE AUDIT COMMITTEE. THE CHAIR REVIEWS ANY POTENTIAL CONFLICTS AND MAKES A RECOMMENDATION TO THE BOARD, IF APPROPRIATE. THE BOARD MAKES THE FINAL DETERMINATION OF WHETHER OR NOT THERE IS A DISQUALIFYING EVENT. AT ANY TIME, A BOARD MEMBER MAY RECUSE HIMSELF/HERSELF FROM THE DISCUSSION. THE INDIVIDUAL IS ALSO REQUIRED TO DISCLOSE ANY KNOWN OR POSSIBLE CONFLICTS THAT ARISE DURING THE YEAR. Form 990, Part VI, Line 15a REVIEW OF COMPENSATION MARKET DATA ON COMPENSATION IS GATHERED AND ANALYZED AND THE INFORMATION IS THEN PROVIDED TO THE COMPENSATION SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE. BASED ON THE DATA PROVIDED, THE COMPENSATION SUBCOMMITTEE SUBMITS RECOMMENDATIONS FOR COMPENSATION OF OFFICERS AND DISQUALIFIED PERSONS TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE, WITH THE AUTHORITY PROVIDED TO THEM BY THE BOARD OF DIRECTORS, APPROVES ALL DISQUALIFIED PERSON SALARIES AND REPORTS THE SALARIES TO THE BOARD. Form 990, Part VI, Line 19 GOVERNING DOCUMENTS AUDITED FINANCIAL STATEMENTS ARE PUBLISHED ON THE ORGANIZATION'S WEBSITE. ALL OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. UNF Investments LLC PO Box 82555 Lincoln NE 68501 470795794 Business Dev NE 437707 47763537 U of NE Fdn UNF Charitable Gift Fund 1010 Lincoln Mall Suite 300 Lincoln NE 68508 200288992 Char. Giving NE 501(c)(3) 7 U of NE FDN true false true true false false false false false false false false true false true false false false true false UNF Charitable Gift Fund c 1152811 Accrual UNF Charitable Gift Fund r 600000 Cash