2018-03-30T08:34:04-04:00 2017-06-30 621170651 BROWN JAKE & MCDANIEL PC 2607 KINGSTON PIKE SUITE 110 KNOXVILLE TN 379193336 990 2016-07-01 621844686 THE UNIVERSITY OF TENNESSEE FOUNDATION INC UNIV 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 LISA N TAYLOR CFO & TREASURER 8659748926 2018-03-27 true JAMES E BOOHER CPA P00286127 8656378600 2018-03-30 4CB401C10998F56F8E97802D4C2560091EB15EFF 4CB401C10998F56F8E97802D4C2560091EB15EFF 2016 2021-01-29 14:40:06Z RICKEY N MCCURRY 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 124034069 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. 24 24 219 2700 0 117554798 86319808 0 6608552 8779387 28033798 28934874 152197148 124034069 14316558 16866172 0 38146777 44053326 53563 85150 85150 30629925 30289645 83146823 91294293 69050325 32739776 364945126 404360968 12446267 13523223 352498859 390837745 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 61193376 16866172 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. 61193376 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 43 0 219 true false false false false false true true true 1 false false false X 24 24 false false false false false false false true true false true true true true true true true true true true false X LISA TAYLOR CFO TREASURER 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 RONALD L TURNER CHAIR 0.50 X 0 0 0 MICHAEL K LITTLEJOHN VICE CHAIR 0.50 X 0 0 0 M STEVEN MORRIS PAST CHAIR 0.50 X 0 0 0 STEVEN R ANGLE 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 MARIE CHISHOLM-BURNS DIRECTOR 0.50 X 0 0 0 GREGORY E COX DIRECTOR 0.50 X 0 0 0 SANDRA H FANCHER DIRECTOR 0.50 X 0 0 0 RONALD E FRIESON DIRECTOR 0.50 X 0 0 0 DEE BAGWELL HASLAM 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 DR ROBERT J KAPLAN DIRECTOR 0.50 X 0 0 0 LARRY B MARTIN DIRECTOR 0.50 X 0 0 0 JANET L MCKINLEY DIRECTOR 0.50 X 0 0 0 CHARLES E MOORE DIRECTOR 0.50 X 0 0 0 SHARON M PRYSE DIRECTOR 0.50 X 0 0 0 RICHARD H SAIN DIRECTOR 0.50 X 0 0 0 BETTY ANN TANNER DIRECTOR 0.50 X 0 0 0 CHARLES A WAGNER III DIRECTOR 0.50 X 0 0 0 PHILIP A WENK DIRECTOR 0.50 X 0 0 0 CHARLES E WHARTON DIRECTOR 0.50 X 0 0 0 JAMES L WOLFORD DIRECTOR 0.50 X 0 0 0 JOSEPH A DIPIETRO DIRECTOR 0.50 X 0 0 0 RICKEY N MCCURRY PRESIDENT & 40.00 X 316831 0 60392 LISA N TAYLOR CFO & TREASU 40.00 X 157686 0 35279 ALDENA K PHILLIPS ASSISTANT TR 0.50 40.00 X 0 125853 35310 RACHAEL R LEBLANC SECRETARY 40.00 X 55583 0 33189 RANDY L FARMER DEVELOPMENT X 361506 0 60968 WOODROW M HENDERSON DEVELOPMENT X 240313 0 57359 WILLIAM R BRYANT JR DEVELOPMENT X 274102 0 71063 BRYAN ROWLAND DEVELOPMENT X 208188 0 46588 BETHANY K GOOLSBY DEVELOPMENT X 201948 0 33937 KEITH D BARBER DEVELOPMENT X 181959 0 49776 FLOYD AKINS JR DEVELOPMENT X 181984 0 30568 LELAND PATOUILLET DEVELOPMENT X 176379 0 46276 DOROTHY B BRYSON DEVELOPMENT X 172817 0 29286 ANDREW A WILSON DEVELOPMENT X 158061 0 46079 JAMES F OBEAR DEVELOPMENT X 164406 0 46128 GREGORY W HULEN DEVELOPMENT X 170498 0 45323 ANDREW SHEEHY DEVELOPMENT X 160302 0 52917 MICHAEL CARTER DEVELOPMENT X 150166 0 44527 STEVE CATLETT DEVELOPMENT X 149106 0 25731 AE WEBER DEVELOPMENT X 127620 0 42090 STATLER S REAGAN DEVELOPMENT X 132617 0 31067 TIM LANIER DEVELOPMENT X 121735 0 41460 KERRY WITCHER DEVELOPMENT X 116930 0 40576 3980737 125853 1005889 33 false true false MARKETING COMMUNICATION RESOURCE IN 4800 EAST 345TH STREET WILLOUGHBY OH 44094 PRINTING & PUBL 168056 COPPER REEF ENTERPRISES 6965 EL CAMINO REAL CARLSBAD CA 92009 MANAGEMENT CONS 163715 STELTER COMPANY PO BOX 5228 DES MOINES IA 503055228 MANAGEMENT CONS 159662 3 86319808 12218689 86319808 8779387 8779387 CONTRACT WITH UT 28898785 28898785 WOOTEN FARM RENT 24000 24000 WINDOVER 11288 11288 801 801 28934874 124034069 37714261 16866172 16866172 4216841 4216841 33373550 19763835 13609715 2053910 437186 1616724 2903827 619854 2283973 1505198 312660 1192538 85150 85150 7973315 5803943 2169372 814381 248823 565558 6431210 5359562 1071648 OTHER 5417162 4690400 726762 CAPITAL PROJECTS 3648492 3648492 SUPPLIES 2472674 1462936 1009738 ENTERTAINMENT 1457659 403619 1054040 2074752 1575894 498858 91294293 61193376 30015767 85150 63796 22444 6958019 18391301 111361996 102081029 2425 32452 9250000 233405082 272707243 13153808 1876499 364945126 404360968 298596 365587 7593967 7780644 4553704 5376992 12446267 13523223 X 6534541 14944431 144389960 148872605 201574358 227020709 352498859 390837745 364945126 404360968 32739776 5830515 -231405 X false true X true false X 66317817 93951525 113327411 117554798 86319808 477471359 66317817 93951525 113327411 117554798 86319808 477471359 11408299 466063060 2239349 2902123 4214337 6608552 8779387 24743748 23139420 24592277 25769011 28033798 28934874 130469380 632684487 0.73660 0.73530 X PART II, LINE 10 WOOTEN FARM RENT 118,000 OTHER 114,540 CONTRACT WITH UT 129,708,373 BOATHOUSE RENT 375,593 SIEGEL WAREHOUSE RENT 152,874 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 196307210 25314410 13041748 6769583 227893785 168052694 36940383 -3587785 5098082 196307210 106989114 64192540 541072 3670032 168052694 80730632 19726607 8983014 2451139 106989114 38009341 39988951 4608353 1876013 80730632 1.00000 false false UT INVESTMENT POOL 171509580 F INVESTMENTS - WITH UT 85564909 F FIRST TENNESSEE TRUST 7180650 F INVESTMENTS - ORNL 3512251 F INVESTMENTS - TVA CU 3000000 F ENDOWMENT HELD @ FIDELITY 1439087 F INVESTMENTS - UNRESTRICTED 500766 F 272707243 ANNUITY PAYABLE 3576571 ACCRUED ANNUAL LEAVE 1800421 5376992 X 131755043 5830515 2121864 -231405 7720974 124034069 124034069 93416157 2121864 2121864 91294293 91294293 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, 2017, 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 -231,405 X X X true RUFFALO NOEL LEVITZ 1025 KIRKWOOD PKWY SW CEDAR RAPIDS IA 52404 PART IV false 115678 85150 30528 115678 85150 30528 All States SCHEDULE G, PART IV PART I, LINE 2B COLUMN (II) - DESCRIPTION OF ACTIVITY; SECURE PLEDGES AND DONATIONS FOR THE FOUNDATION BY PROVIDING MARKETING, COMMUNICATION AND INFORMATION SERVICES, DATA RESEARCH, AND A TELEFUND CALL PROGRAM. false THE UNIVERSITY OF TENNESSEE 301 ANDY HOLT TOWER KNOXVILLE TN 37996 626001636 16866172 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 RICKEY N MCCURRY PRESIDENT & CEO 316831 28478 31914 377223 LISA N TAYLOR CFO & TREASURER 157686 24562 10717 192965 ALDENA K PHILLIPS ASSISTANT TREASURER 125853 20507 14803 161163 RANDY L FARMER DEVELOPMENT 361506 39803 21165 422474 WOODROW M HENDERSON DEVELOPMENT 240313 27192 30167 297672 WILLIAM R BRYANT JR DEVELOPMENT 274102 40403 30660 345165 BRYAN ROWLAND DEVELOPMENT 208188 23599 22989 254776 BETHANY K GOOLSBY DEVELOPMENT 201948 22360 11577 235885 KEITH D BARBER DEVELOPMENT 181959 20801 28975 231735 FLOYD AKINS JR DEVELOPMENT 181984 19449 11119 212552 LELAND PATOUILLET DEVELOPMENT 176379 20579 25697 222655 DOROTHY B BRYSON DEVELOPMENT 172817 18486 10800 202103 ANDREW A WILSON DEVELOPMENT 158061 17364 28715 204140 JAMES F OBEAR DEVELOPMENT 164406 17319 28809 210534 GREGORY W HULEN DEVELOPMENT 170498 16788 28535 215821 ANDREW SHEEHY DEVELOPMENT 160302 24389 28528 213219 MICHAEL CARTER DEVELOPMENT 150166 16103 28424 194693 STEVE CATLETT DEVELOPMENT 149106 15121 10610 174837 AE WEBER DEVELOPMENT 127620 13994 28096 169710 STATLER S REAGAN DEVELOPMENT 132617 13476 17591 163684 TIM LANIER DEVELOPMENT 121735 13449 28011 163195 KERRY WITCHER DEVELOPMENT 116930 12912 27664 157506 X 227 12166689 HIGH/LOW STOCK PRICE AVG X 1 52000 APPRAISAL 1 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 FIRST BY THE AUDIT COMMITTEE, THEN THE FULL BOARD REVIEWS THE FORM. 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 -231,405 UTFI REAL ESTATE LLC 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 REAL EST. TN 750000 N/A