2018-03-27T12:06:24-05:00 2017-06-30 Grant Thornton LLP 100 W Liberty St Suite 770 Reno NV 89501 990 2016-07-01 942790134 University of Nevada Las Vegas Foundation % TIFFANY VICKERS UNIV 7028953641 4505 S MARYLAND PARKWAY BOX 451006 LAS VEGAS NV 891541006 TIFFANY VICKERS SAVP, FIN & Adm, CFO 7028953641 2018-03-27 true Daniel V Romano P00504182 7757861520 209.220.64.52 88245120180865000000 2018-03-27 P 04ECCBC93AE2F403E676A54CB7AE6A9081A7B6FC 8570B2D8046878F456576E706BB8FB99030C32C0 2016 2021-01-29 14:40:06Z Len Jessup 4505 S MD Pkwy Box 451006 LAS VEGAS NV 891541006 316757778 false X WWW.UNLV.EDU/FOUNDATION X 1981 NV Serves as the primary fundraising, community relations, and gift management agency for the University of Nevada, Las Vegas. 59 59 56 102 -3136 -5136 48466398 69796766 0 0 3729053 8922252 -148226 597507 52047225 79316525 23846171 38027201 0 0 4919198 4698137 473792 694494 3266390 4099466 5362411 33338627 48782243 18708598 30534282 333247980 382574567 7247272 11556795 326000708 371017772 X The University of Nevada, Las Vegas Foundation is a nonprofit organization that raises and manages private funds (Mission continued in Schedule O). false false 29923580 29923580 The University of Nevada, Las Vegas (UNLV) Foundation aids, supports, and assists the maintenance, promotion, growth, and improvement of the University of Nevada, Las Vegas (UNLV), its faculty, staff, students, and facilities, and enhances and stimulates the quality of education at, and the standards and potentials of, UNLV as an institution of higher learning. The UNLV Foundation also receives, maintains, and administers a fund of real and personal property, derived from all sources, and subject to specific gift, grant, and bequest terms, to use, apply, and distribute the income from such a fund to carry out the purposes of UNLV. The UNLV Foundation provides and makes available funds for expenditure by the administration of UNLV for general or academic purposes, including defraying capital and ordinary expenses, financing professorships and graduate fellowships, sponsoring lectures, conferences, institutes, and symposia, and assisting individuals whose knowledge, talent, and skill contribute to the welfare of humanity. 8103621 8103621 The UNLV Foundation grants and provides for scholarships or other assistance to individuals who have demonstrated academic promise or achievement. UNLV sets the criteria for scholarships and disburses all awards to students. 38027201 true true false false false false false true false true true true false false true false true true false false false false false true true false false true false true false false false false false false false false true true false false false true false false false true X 38 0 true 56 true false false false false false true true false false false false X 59 59 true false false false true true true true true false false false true true true true true true true false AK CA CO KY LA ME MD MA MI MN NV NH NJ NY NC OK OR PA SC UT WA X X TIFFANY VICKERS 7028953641 4505 S MARYLAND PKWY BOX 451006 Las Vegas NV 891541006 X Gary Ackerman Trustee 2.0 0.0 X 0 0 0 Barry W Becker Trustee 2.0 0.0 X 0 0 0 David Ray Belding Trustee 2.0 0.0 X 0 0 0 Diana L Bennett 2nd Vice Chair 4.0 0.0 X X 0 0 0 Michael J Bonner Trustee 2.0 0.0 X 0 0 0 Bill Boyd Trustee 2.0 0.0 X 0 0 0 Larry Canarelli Trustee 2.0 0.0 X 0 0 0 MaryKaye Cashman Trustee 2.0 0.0 X 0 0 0 Craig Cavileer Trustee 2.0 0.0 X 0 0 0 Kirk V Clausen Trustee 2.0 0.0 X 0 0 0 Jerald M Dick Trustee 2.0 0.0 X 0 0 0 James Duddlesten Trustee 2.0 0.0 X 0 0 0 Mark L Fine Trustee 2.0 0.0 X 0 0 0 Thomas A Jingoli Trustee 2.0 0.0 X 0 0 0 Randy Garcia Trustee 2.0 0.0 X 0 0 0 Michael Gaughan Trustee 2.0 0.0 X 0 0 0 Brian Greenspun Trustee 2.0 0.0 X 0 0 0 Dallas E Haun Trustee 2.0 0.0 X 0 0 0 Matthew Frazier Trustee 2.0 0.0 X 0 0 0 Christina M Hixson Trustee 2.0 0.0 X 0 0 0 Tom Gallagher Trustee 2.0 0.0 X 0 0 0 Chipper D Johnson Trustee 2.0 0.0 X 0 0 0 Gary Johnson Trustee 2.0 0.0 X 0 0 0 Jay Kornmayer Trustee 2.0 0.0 X 0 0 0 Bruce Layne Trustee 2.0 0.0 X 0 0 0 Gregory TH Lee Chair 4.0 0.0 X X 0 0 0 Robert E Lewis Trustee 2.0 0.0 X 0 0 0 Joyce Mack Trustee 2.0 0.0 X 0 0 0 Marilynn Mack Trustee 2.0 0.0 X 0 0 0 Scott Y MacTaggart Trustee 2.0 0.0 X 0 0 0 George J Maloof Jr Trustee 2.0 0.0 X 0 0 0 Gregory McKinley Vice Chair 4.0 0.0 X X 0 0 0 Lori Mendenhall Trustee 2.0 0.0 X 0 0 0 Scott Menke Trustee 2.0 0.0 X 0 0 0 John Guedry Trustee 2.0 0.0 X 0 0 0 John F O'Reilly Trustee 2.0 0.0 X 0 0 0 Ted Quirk Trustee 2.0 0.0 X 0 0 0 John A Ritter Trustee 2.0 0.0 X 0 0 0 Perry Rogers Trustee 2.0 0.0 X 0 0 0 David Ross Trustee 2.0 0.0 X 0 0 0 Rob Roy Trustee 2.0 0.0 X 0 0 0 Larry Ruvo Trustee 2.0 0.0 X 0 0 0 Michael A Saltman Trustee 2.0 0.0 X 0 0 0 Corey Sanders Trustee 2.0 0.0 X 0 0 0 Blake L Sartini Trustee 2.0 0.0 X 0 0 0 Lindy Schumacher Trustee 2.0 0.0 X 0 0 0 Jeffrey W Shaw Trustee 2.0 0.0 X 0 0 0 Rajesh Shrotriya Trustee 2.0 0.0 X 0 0 0 George W Smith Treasurer 4.0 0.0 X X 0 0 0 Donald D Snyder Trustee 2.0 0.0 X 0 0 0 Carolyn M Sparks Trustee 2.0 0.0 X 0 0 0 Peter M Thomas Trustee 2.0 0.0 X 0 0 0 Tito Tiberti Trustee 2.0 0.0 X 0 0 0 Melvin B Wolzinger Trustee 2.0 0.0 X 0 0 0 Buck W Wong Trustee 2.0 0.0 X 0 0 0 Michael W Yackira Trustee 2.0 0.0 X 0 0 0 Joe Murphy Trustee 2.0 0.0 X 0 0 0 Tony F Sanchez III Trustee 2.0 0.0 X 0 0 0 Victoria Fertitta Trustee 2.0 0.0 X 0 0 0 Len Jessup President, UNLV 5.0 45.0 X 53282 527765 48702 Betty Mayer Corporate Secretary 50.0 0.0 X 0 91176 13837 Susan McQuilkin Corporate Secretary 50.0 0.0 X 0 64035 10942 Tiffany Vickers SAVP, Finance & Admin & CFO 50.0 0.0 X 0 172893 28938 Scott Roberts President, UNLV Foundation 45.0 5.0 X 163315 18146 33426 Goce Musovski Chief Information Officer 50.0 0.0 X 0 142814 25654 Russel Kost Senior Director of Development 50.0 0.0 X 0 105157 34563 Harry Beekman Director of Gift Planning 50.0 0.0 X 0 114684 19714 Caleen Johnson Director, Foundation Relations 50.0 0.0 X 0 100455 17611 Nancy Strouse Former Executive Director 0.0 0.0 X 0 323302 46376 216597 1660427 279763 1 true true false Ruffalo Noel Levitz PO Box 718 DES MOINES IA 503030718 Phone Solicitation 313126 Marts Lundy Inc 1200 Wall St W LYNDHURST NJ 07071 Fundrais. Consulting 295606 Callan Associates Inc 120 N LaSalle St Suite 2400 CHICAGO IL 60602 Invest. Consulting 151059 3 317400 3028345 66451021 4827422 69796766 0 3710969 -3136 3714105 0 0 30890 30890 0 30890 30890 242331630 237120347 5211283 5211283 5211283 89400 317400 320906 -231506 -231506 0 0 0 0 0 0 OTHER 900099 798123 798123 798123 79316525 -3136 9522895 38027201 38027201 0 0 0 355115 296737 58378 0 3261147 1652195 1608952 0 1081875 583061 498814 0 0 19552 19552 80949 80949 0 694494 694494 867347 867347 13162 13162 5900 5900 398802 353572 45230 241831 241831 0 0 70661 70661 0 76361 50974 25387 49444 49444 112138 112138 59752 59752 24351 24351 BAD DEBT EXPENSE 3071897 3071897 STEWARDSHIP & DONOR RELATION 264474 264474 RECOGNITION 5790 5790 48782243 38027201 7488652 3266390 11065373 33117662 -810829 1883367 58144971 59544158 492892 511697 0 0 0 0 0 0 0 0 60164 297041 1157976 820322 444929 337654 110615641 124205756 145614713 155686982 0 0 0 0 7620126 6990250 333247980 382574567 926577 1018288 0 0 4055106 8209812 0 0 0 0 0 0 0 0 0 0 2265589 2328695 7247272 11556795 X 4251936 5726481 172558884 185012323 149189888 180278968 326000708 371017772 333247980 382574567 X 30534282 15530136 -1047354 X false true X true false X 21256275 27684822 54003528 45394501 69796766 218135892 0 0 21256275 27684822 54003528 45394501 69796766 218135892 0 218135892 2436105 9582455 10255841 4170950 3744995 30190346 16827 16827 3715554 439836 1118936 233495 887523 6395344 254738409 0 0.85631 0.83932 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14201 102855 X X false 148588907 5795401 20239271 6999756 264 167623559 149235951 5346904 555735 6549683 148588907 168395322 17030779 -29812420 6377730 149235951 145640526 2500949 25142136 4888289 168395322 128272804 5984896 14687942 3305116 145640526 0.01000 0.49000 0.50000 true false 50699 50699 1004422 820322 184100 102855 102855 337654 ALTERNATIVE INVESTMENT 125747377 F COLLATERIZED SECURITIES 20671705 F INVESTMENT IN REAL ESTATE 7600000 F INVESTMENT IN FIRST TRUST DEED 1667900 F 155686982 0 CHARITABLE REMAINDER TRUSTS 1742937 OTHER LIABLITIES 585758 2328695 93403925 15530136 -1047354 14482782 78921143 716288 -320906 395382 79316525 48386861 48386861 716288 -320906 395382 48782243 SCHEDULE D, PART III, LINE 4: THE ORGANIZATIONS ARTWORK CONSISTS OF SCULPTURES AND PAINTINGS THAT ARE PUT ON DISPLAY IN UNIVERSITY BUILDINGS. THE WORKS ARE NOT USED TO GENERATE INCOME. THE UNIVERSITY'S ART COLLECTION HELPS TO SUPPORT ITS MISSIONS OF TEACHING, RESEARCH, AND PUBLIC SERVICE BY ALLOWING BOTH STUDENTS AND MEMBERS OF THE WIDER COMMUNITY TO EXPLORE AND SHARE IDEAS, AS WELL AS ENHANCE THEIR CREATIVE EXPRESSIONS. SCHEDULE D, PART V, LINE 4: Intended Uses of Endowment Funds The purpose of the University's endowment funds is to generate funds that are used by UNLV for program and scholarship funding. The UNLV Foundation records two types of endowments. Permanent or true endowments are funded by gifts and bequests. Quasi-endowments are funds designated as endowments by the UNLV Foundation Board of Trustees, and included in unrestricted net position on the Statements of Net Position. Endowment investments are managed in a unitized investment pool. Monthly transactions within each individual endowment in the pool are based on the unit market value at the end of the month. The UNLV Foundation Endowment Funds primary objective is to generate a stream of earnings for funding current programs and student services with the stated payout policy. A secondary objective is to have its assets grow in value to provide for future needs of UNLV. The UNLV Foundation complies with the Uniform Prudent Management of Institutional Funds Act (UPMIFA) adopted by the State of Nevada in July 2006. UPMIFA abolished the historic dollar value limitation on annual spending (payout), whereas the prior act, the Uniform Management of Institutional Funds (UMIFA) did not allow spending from a fund that was below historic dollar value. UPMIFA enables trustees to spend as much as they deem prudent, where prudence is presumed to not exceed 7 percent, as permitted by individual donor agreements. The annual payout rate is determined by the UNLV Foundation Investment Committee and is applied to the average market value of the endowment investment pool on a rolling twelve quarter basis.payout rate is determined by the UNLV Foundation Investment Committee and is applied to the average market value of the endowment investment pool on a rolling twelve quarter basis. SCHEDULE D, PART XI, LINE 2D: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS ($1,047,354) SCHEDULE D, PART XI, LINE 4B: Fundraising Expenses moved to Part VIII, Line 8b ($320,906) SCHEDULE D, PART XII, LINE 4B: Fundraising Expenses moved to Part VIII, Line 8b ($320,906) X X X X X X true Ruffalo Noel Levits PO Box 718 Des Moines IA 503030718 Phone Soli- citation false 189484 313126 189484 Marts Lundy Inc 1200 Wall St W Lyndhurst NJ 07071 Consulting false 295606 Pursuant Group Inc 25 Broadway Floor 9 New York NY 10004 Consulting false 89070 189484 697802 189484 AL AK AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI Annual Dinner 406800 317400 89400 320906 0 406800 317400 89400 320906 320906 -231506 PART II, LINE 11: THE UNLV FOUNDATION HOSTS AN ANNUAL DINNER TO SUPPORT THE FOUNDATION AND THE UNIVERSITY OF NEVADA LAS VEGAS. BECAUSE THE FORM 990 PRESENTATION OF THIS EVENT REQUIRES EXCLUSION OF CONTRIBUTIONS RECEIVED, THE NET INCOME SUMMARY REPORTS A LOSS FOR THE DINNER HELD IN FISCAL YEAR 2017, WHEN IT IN FACT DID NOT RESULT IN AN OVERALL LOSS. true UNIVERSITY OF NEVADA LAS VEGAS 4505 S Maryland Parkway Las Vegas NV 89154 942790134 501(C)(3) 34564598 3462603 FMV GIFT IN KIND Education Program Funding Scholarship 1 Schedule I, Part I, Line 2 THE OFFICE OF SPONSORED PROGRAMS (OSP) HOLDS INSTITUTIONAL AUTHORITY AND RESPONSIBILITY AT UNLV TO ACCEPT, MONITOR, AND COMPLY WITH ALL FEDERAL, STATE, AND UNIVERSITY REQUIREMENTS FOR ALL SPONSORED PROGRAM GRANTS AND CONTRACTS. IN ORDER TO FULFILL THIS RESPONSIBILITY, OSP ESTABLISHES SEPARATE AND UNIQUE ACCOUNTS FOR EACH PROJECT IN OUR FINANCIAL SYSTEM WITH A CORRESPONDING BUDGET. MAINTAINING SEPARATE ACCOUNTS ALLOWS US TO SEGREGATE GRANT AND CONTRACT FUNDS SO WE CAN TRACK COSTS FOR EACH AWARD SEPARATELY, ASSURE ALL COSTS ARE ALLOWABLE FOR EACH AWARD, AND THAT ALL EXPENSES FALL WITHIN THE APPROVED BUDGET PARAMETERS. THIS PRACTICE ENSURES INTERNAL CONTROL OVER BOTH THE SOURCE AND APPLICATION OF FUNDS AND IS IN LINE WITH FEDERAL REQUIREMENTS FOUND IN 2 CFR CHAPTER I, AND CHAPTER II, PART 200 UNIFORM ADMINISTRATIVE REQUIREMENTS, STATE REGULATIONS, AND UNIVERSITY POLICY. UNLV IS ALSO AUDITED ANNUALLY TO CONFIRM THAT WE CONTINUE TO MAINTAIN ADEQUATE FINANCIAL CONTROLS AND SURVEILLANCE PROCEDURES TO ASSURE ONGOING COMPLIANCE.A FEW OF THE TASKS UNLV PERFORMS TO ASSURE FINANCIAL COMPLIANCE INCLUDE: 1. REGULARLY MONITORING AWARD EXPENDITURES TO MAKE SURE COSTS ARE APPROPRIATELY PROCESSED AND CLASSIFIED WITHIN THE APPROVED OBJECT/SUB-OBJECT CATEGORIES. 2. MAINTAINING AN ENCUMBRANCE SYSTEM OF EXPECTED FUTURE EXPENDITURES THROUGH THE MUNIS PURCHASING SYSTEM. 3. RECONCILING AWARDS MONTHLY, AND PROCESSING ANY NECESSARY CORRECTIONS. 4. PROVIDE ASSISTANCE TO DEPARTMENTAL ADMINISTRATIONS, PRINCIPLE INVESTIGATORS, AND OTHER CAMPUS STAFF FOR THEIR SPONSORED PROGRAMS AND RELATED FINANCIAL TRANSACTIONS. 5. PROVIDE OVERSIGHT AND CORRECTIVE ACTION ON SPONSORED AWARD FINANCIAL ISSUES. 6. SUBMIT REGULAR INVOICES AND FINANCIAL REPORTS TO SPONSORS. 7. REVIEW ALL COSTS THAT POST TO A SPONSORED PROJECT WITHIN THE FINAL 90 DAYS OF THE AWARD TO DETERMINE IF, AND HOW, COSTS BENEFITED AN AWARD. 8. CONDUCT A FINAL REVIEW WHEN THE AWARD IS ENDING TO DETERMINE IF ALL COSTS WERE INCURRED WHILE THE AWARD WAS ACTIVE AND ALL COSTS WERE ALLOWABLE. X X true true true false false false false false false false false Len Jessup President, UNLV 53282 479535 0 0 0 48230 0 38425 0 10277 53282 576467 0 0 Tiffany Vickers SAVP, Finance & Admin & CFO 0 172893 0 0 0 0 0 25318 0 3620 0 201831 0 0 Nancy Strouse Former Executive Director 0 117243 0 0 0 206059 0 41087 0 5289 0 369678 0 0 Scott Roberts President, UNLV Foundation 163315 18146 0 0 0 0 0 26880 0 6546 163315 51572 0 0 Goce Musovski Chief Information Officer 0 140443 0 0 0 2371 0 20748 0 4906 0 168468 0 0 Part I, Line 1: Housing Allowance UNLV (A RELATED ORGANIZATION) PROVIDED A CASH ALLOWANCE FOR HOUSING TO LEN JESSUP IN CALENDAR YEAR 2016. CASH ALLOWANCE FOR HOUSING IS TAXABLE TO THE INDIVIDUAL AND REPORTED IN SCHEDULE J, PART II AS OTHER REPORTABLE COMPENSATION IN COLUMN (COL B(III)) LINE (II). Social Club Dues UNLV (A RELATED ORGANIZATION) PROVIDED SOCIAL CLUB DUES TO LEN JESSUP IN CALENDAR YEAR 2016. THE VALUE OF THE CLUB DUES ARE TAXABLE TO THE INDIVIDUAL AND REPORTED IN SCHEDULE J, PART II AS OTHER REPORTABLE COMPENSATION IN COLUMN (COL B(III)). Part I, Line 3: Establish Compensation THE UNLV FOUNDATION EMPLOYEES ARE COMPENSATED THROUGH A COMMON PAYMASTER BY A RELATED ORGANIZATION (UNLV). THE FOUNDATION REIMBURSES THE RELATED ORGANIZATION FOR ITS ALLOCATED SALARY EXPENSE. THE PARENT ORGANIZATION OF THE RELATED ORGANIZATION USED THE FOLLOWING TO ESTABLISH COMPENSATION FOR THE FOUNDATION'S TOP MANAGEMENT OFFICIAL: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. Part I, Line 4a: SEVERANCE PAYMENT THE EXECUTIVE DIRECTOR HAS A SEPARATION AGREEMENT WITH THE UNIVERSITY OF NEVADA, LAS VEGAS. THE ARRANGEMENT PROVIDES FOR ONE-YEAR SALARY UPON SEPARATION. ONE PAYMENT WAS MADE UNDER THE AGREEMENT IN CALENDAR YEAR 2016. X 5 14201 FMV X 31145 FMV X 28646 Appraisal X 2 1486 FMV X 1372402 Public Stock Market X 5 3027231 Appraisal X 3 139369 FMV X 5 1273 Appraisal X 7 159670 Appraisal X Miscellaneous Other Goods 9 52000 Appraisal 2 false true false Part I, Column (B) Number of Contributions or Items Contributed The UNLV Foundation is reporting the number of contributions received. FORM 990, PART III, LINE 1 Organization's Mission, Continued For the benefit of the University of Nevada, Las Vegas. These funds enhance the quality of the university and strengthen its missions of teaching, research, and public service. Form 990,Part V, Line 2: THE UNIVERSITY OF NEVADA, LAS VEGAS (UNLV) IS RESPONSIBLE FOR THE REPORTING FOR EMPLOYEES; HOWEVER, THE UNLV FOUNDATION IS RESPONSIBLE FOR THE COST. FORM 990, PART VI, LINE 1A: The Executive Committee is established to supervise and manage the operations and affairs of the corporation. Except to the extent limited by resolution of the Board of Trustees, the Board of Trustees delegates to the Executive Committee all of the power of the Board of Trustees whenever the Board of Trustees is not in session. All actions taken by the Executive Committee within the scope of its authority shall be valid and binding upon the corporation for all purposes. FORM 990, PART VI, LINE 2: DIANA L. BENNETT AND SCOTT MENKE -BUSINESS AND FAMILY RELATIONSHIP JOYCE MACK AND MARILYNN MACK -BUSINESS AND FAMILY RELATIONSHIP JOYCE MACK, MARILYNN MACK, AND PETER M. THOMAS -BUSINESS RELATIONSHIP BRIAN GREENSPUN AND MICHAEL A. SALTMAN -BUSINESS RELATIONSHIP MICHAEL J. BONNER AND TED QUIRK -BUSINESS RELATIONSHIP CHIPPER D. JOHNSON AND TED QUIRK -BUSINESS RELATIONSHIP FORM 990, PART VI, LINE 6: THE NEVADA SYSTEM OF HIGHER EDUCATION'S (NSHE) BOARD OF REGENTS: ARTICLE VII THE MEMBERS OF THE BOARD OF REGENTS OF THE UNIVERSITY OF NEVADA (SIC THE SYSTEM OF HIGHER EDUCATION) DURING THE TERM OF THEIR OFFICE AS MEMBERS OF THE BOARD OF REGENTS OF THAT INSTITUTION, SHALL CONSTITUTE THE MEMBERSHIP OF THE CORPORATION. THE CORPORATION SHALL HAVE NO CAPITAL STOCK. FORM 990, PART VI, LINE 7A: THERE IS A NOMINATING COMMITTEE OF THE UNLV FOUNDATION THAT MEETS AND RECOMMENDS NEW TRUSTEES. THE FULL UNLV FOUNDATION BOARD OF TRUSTEES MEET AND VOTE ON THE APPROVAL OF ADDING THOSE MEMBERS. IT IS THEN TAKEN TO THE BOARD OF REGENTS OF NSHE ANNUALLY FOR THEIR APPROVAL. FORM 990, PART VI, LINE 7B: THE NSHE BOARD OF REGENTS HAS THE AUTHORITY TO APPROVE OR RATIFY DECISIONS OF THE UNLV FOUNDATION BOARD OF TRUSTEES. FORM 990, PART VI, LINE 11B: THE UNIVERSITY HAS DETERMINED THAT SCHEDULE B, WHICH LISTS INFORMATION CONCERNING CERTAIN DONATIONS MADE TO THE UNIVERSITY DURING THE YEAR, WOULD NOT BE MADE AVAILABLE TO THE ENTIRE BOARD OF TRUSTEES. THIS DECISION WAS MADE PRIMARILY FOR CONFIDENTIALITY REASONS AND TO PROTECT LISTED DONOR'S PERSONAL INFORMATION. THEREFORE, BASED ON IRS INSTRUCTIONS, THE UNIVERSITY ANSWERED "NO" TO THE QUESTION. IN ADDITION TO THE ABOVE REASON, IRS GUIDANCE ALSO INDICATES THAT POSTING A COPY OF THE FORM 990 ON A CENTRAL WEBSITE FOR MEMBERS OF ITS GOVERNING BODY, WHICH IS THE UNIVERSITY'S PRACTICE, REQUIRES AN ANSWER OF "NO" TO THIS QUESTION. FORM 990, PART VI, LINE 12C: ANNUALLY, THE FULL BOARD OF TRUSTEES IS REQUIRED TO COMPLETE THE UNLV FOUNDATION CONFLICT OF INTEREST FORM. THE EXECUTIVE DIRECTOR AND BOARD CHAIRMAN REVIEW THE FORMS FOR ANY CONFLICTS. AS THE EXECUTIVE DIRECTOR AND/OR THE BOARD CHAIRMAN PARTICIPATES IN EVERY BOARD AND/OR COMMITTEE MEETING, THOSE CONFLICTS ARE REPORTED TO THE BOARD AND/OR COMMITTEE IF THERE IS A CONFLICT RELATED TO THE VOTING MATTER ON THE TABLE. FORM 990, PART VI, LINES 15A AND 15B: THE NSHE BOARD OF REGENTS PERIODICALLY UPDATES SALARY RANGES FOR PROFESSIONAL EMPLOYEES. RANGES ARE ADJUSTED BASED ON A REVIEW OF SALARIES AT OTHER INSTITUTIONS OF HIGHER LEARNING. ADDITIONALLY, RANGES ALSO ARE UPDATED TO REFLECT COST-OF-LIVING INCREASES WHEN GIVEN BY THE NEVADA LEGISLATURE AND APPROVED BY THE NSHE BOARD OF REGENTS. THE NSHE, THE PARENT ORGANIZATION OF UNLV, DEVELOPS THE EXECUTIVE SALARY SCHEDULE, WHICH IS BASED ON THE 75TH PERCENTILE OF SALARIES OF PRINCIPAL LAND GRANT INSTITUTIONS FOR EACH POSITION AS REPORTED IN THE CUPA-HR SURVEY. THE EXECUTIVE SALARY SCHEDULE IS APPROVED BY THE BOARD OF REGENTS. THE BOARD OF REGENTS HANDBOOK HAS SPECIFIC GUIDANCE REGARDING EXECUTIVE PAY. FORM 990, PART VI, LINE 19: THE UNLV FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST, AND FINANCIAL STATEMENTS AVAILABLE ON THE ORGANIZATION'S WEBSITE. PART VII, SECTION A: UNLV ACTS AS COMMON PAYMASTER FOR ITSELF AND THE UNLV FOUNDATION. SEE TREAS. REG. SECTION 31.3121(S)-1(B)(2). CONSISTENT WITH FORM 990 INSTRUCTIONS, COMPENSATION REPORTED ON SCHEDULE J FOR THE PRESIDENTS OF UNLV AND UNLV FOUNDATION REFLECT AMOUNTS ATTRIBUTABLE TO THE UNLV FOUNDATION UNDER THIS COMMON PAYMASTER ARRANGEMENT. EACH OF THESE OFFICERS IS A W-2 EMPLOYEE OF UNLV AND RECEIVES A SINGLE PAYCHECK FROM UNLV. HOWEVER, WAGES, BENEFITS, AND RELATED TAXES ARE ALLOCATED BETWEEN THE TWO ORGANIZATIONS BASED ON TIME DEDICATED TO EACH. NOTES TO THEIR COMPENSATION PACKAGES ARE AVAILABLE IN SCHEDULE J. COMPENSATION REPORTED ON SCHEDULE J AS WELL AS COMPENSATION FOR SHARED EMPLOYEES IS REPORTED SIMILARLY. FORM 990, PART XI, Line 9: Change in Value of Split Interest Agreements $(1,047,354) Charitable Remainder Unitrusts (3) 000000000 N/A NV NA Trust false Charitable Remainder Annuity Trust 000000000 N/A NV N/A Trust false false true true false false false false false false false false true false true true false false true true