2018-03-27T11:06:11-05:00 2017-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PL GAINESVILLE FL 326072063 990 2016-07-01 237047106 FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC FLOR 3053483758 11200 SW 8TH ST MARC 531 MIAMI FL 331992516 RICHARD BRILLIANT CHAIRPERSON 3053483758 2018-03-27 1 ANDREA L NEWMAN P01212004 3523781331 2018-03-27 71.16.127.2 2018-03-27 09:35:25 ED P 711887D289D84E3E4BA270452AE2D66951778DD7 711887D289D84E3E4BA270452AE2D66951778DD7 2016 2021-01-29 14:40:06Z RICHARD BRILLIANT 11200 SW 8TH STREET MIAMI FL 33199 143102926 0 X HTTPS://GIVE.FIU.EDU/BUSINESS-GOVERNANCE/ X 1969 FL TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES FOR FIU AND ITS OBJECTIVES. 44 42 0 0 -21251 -21251 22375097 27601962 0 0 3053827 7293253 2146869 742240 27575793 35637455 18770617 23077236 0 0 0 0 9901 23437 4342918 9066430 7117911 27846948 30218584 -271155 5418871 335979487 358698028 11475877 11625829 324503610 347072199 X TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES, ALL FOR THE ADVANCEMENT OF FLORIDA INTERNATIONAL UNIVERSITY AND ITS OBJECTIVES. THE ORGANIZATION IS GOVERNED BY A BOARD OF DIRECTORS, WHOSE MEMBERS PLAY A SIGNIFICANT ROLE IN THE DEVELOPMENT OF THE UNIVERSITY AS A MAJOR EDUCATIONAL, CULTURAL AND ECONOMIC RESOURCE. THROUGH THE INVOLVEMENT OF THE DIRECTORS AND THEIR CONTRIBUTION OF TIME, LEADERSHIP AND FINANCIAL RESOURCES, THE MISSION OF THE UNIVERSITY IS ADVANCED. 0 0 23125435 23077236 106918 THE FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION ACCEPTS CHARITABLE DONATIONS TO SUPPORT FLORIDA INTERNATIONAL UNIVERSITY IN ITS GOAL TO BE A LEADING URBAN PUBLIC RESEARCH UNIVERSITY FOCUSED ON STUDENT LEARNING, INNOVATION, AND COLLABORATION. THE FOUNDATION SUPPORTS THE UNIVERSITY'S MISSION BY PROVIDING FUNDS TO SUPPORT A DIVERSE STUDENT POPULATION, EXCEPTIONAL FACULTY, CUTTING EDGE RESEARCH, MODERN FACILITIES, AND COLLABORATIVE ENGAGEMENT WITH OUR LOCAL AND GLOBAL COMMUNITIES. 23125435 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 0 1 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 132 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 44 42 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK CA CO FL KY MA MD ME MN NV NH NJ NY ND OH OK OR PA SC UT WA WV WI X MILAGROS GARCIA CHICA 3053483758 11200 SW 8TH STREET - MARC 530 MIAMI FL 33199 THOMAS M CORNISH DIRECTOR 1.00 X 0 0 0 RICHARD BRILLIANT CHAIRPERSON 1.00 X X 0 0 0 KATHRYN G CHASE DIRECTOR 1.00 X 0 0 0 ADALIO T SANCHEZ DIRECTOR 1.00 X 0 0 0 JILL M GRANAT SECRETARY 1.00 X X 0 0 0 AGUSTIN R ARELLANO SR REAL ESTATE-SUB COMMITTEE 1.00 X 0 0 0 STEVEN M BERWICK AUDIT SUB-COMMITTEE CHAIR 1.00 X 0 0 0 HUMBERTO CABANAS MARKETING TASK FORCE/VICE CHAIRPERSON 1.00 X X 0 0 0 CANDICE B GIDNEY BYLAWS SPECIAL COMMITTEE C 1.00 X 0 0 0 CLAUDIA PUIG DIRECTOR 1.00 X 0 0 0 LOURDES CBALEPOGI DIRECTOR 1.00 X 0 0 0 KENNETH M BLOOM DIRECTOR 1.00 X 0 0 0 JOHN M BUSSEL DIRECTOR 1.00 X 0 0 0 CARLOS A DUART DIRECTOR 1.00 X 0 0 0 MARIA R DEL BUSTO DIRECTOR 1.00 X 0 0 0 JUAN R FIGUEREO DIRECTOR 1.00 X 0 0 0 KENNETH G FURTON EX-OFFICIO 1.00 40.00 X 0 423405 46813 FRANCISCO GONZALEZ DIRECTOR 1.00 X 0 0 0 NOEL J GUILLAMA-ALVAREZ DIRECTOR 1.00 X 0 0 0 EDUARDO HONDAL EX-OFFICIO 1.00 X 0 0 0 MELVIN KIRK DIRECTOR 1.00 X 0 0 0 ALBERT LORENZO DIRECTOR 1.00 X 0 0 0 JUAN J MARTINEZ DIRECTOR 1.00 X 0 0 0 ALLHAN MEJIA DIRECTOR 1.00 X 0 0 0 ESTHER L MORENO DIRECTOR 1.00 X 0 0 0 CHAD MOSS DIRECTOR 1.00 X 0 0 0 MARIO MURGADO DIRECTOR 1.00 X 0 0 0 MARCEL NAVARRO DIRECTOR 1.00 X 0 0 0 STACEY J ODDMAN DIRECTOR 1.00 X 0 0 0 JONATHAN E PERLMAN DIRECTOR 1.00 X 0 0 0 T GENE PRESCOTT DIRECTOR 1.00 X 0 0 0 JOERG REINHOLD EX-OFFICIO 1.00 40.00 X 0 114832 16674 ORLANDO ROCHE DIRECTOR 1.00 X 0 0 0 JORGE ROSSELL DIRECTOR 1.00 X 0 0 0 ALBERT SANTALO DIRECTOR 1.00 X 0 0 0 WASIM J SHOMAR MEMBERSHIP & BOARD MGMT. COMMITTEE CHAIR 1.00 X 0 0 0 ELLIOT STONE DIRECTOR 1.00 X 0 0 0 OSCAR J SUAREZ DIRECTOR 1.00 X 0 0 0 ALBERT R TANO DIRECTOR 1.00 X 0 0 0 ANDRE L TEIXEIRA TREASURER/FINANCE SUBCOMMITTEE 1.00 X X 0 0 0 JOSE J VALDES-FAULI DIRECTOR 1.00 X 0 0 0 JORGE R VILLACAMPA DIRECTOR 1.00 X 0 0 0 GERALD AR WRIGHT DIRECTOR 1.00 X 0 0 0 SANFORD L ZIFF DIRECTOR 1.00 X 0 0 0 STEWART APPELROUTH DIRECTOR 1.00 X 0 0 0 TRISH AND DAN BELL DIRECTOR 1.00 X 0 0 0 LEONARDO COSIO EX-OFFICIO 1.00 X 0 0 0 MICHAEL A KAPPITT DIRECTOR 1.00 X 0 0 0 MELISSA TAPANES LLAHUES EX-OFFICIO 1.00 X 0 0 0 JORGE MUNILLA DIRECTOR 1.00 X 0 0 0 RANDY B ROBERTSON DIRECTOR 1.00 X 0 0 0 HOWARD R LIPMAN CEO 40.00 X 0 371571 39235 MILAGROS GARCIA-CHICA CONTROLLER 40.00 X 0 127383 25786 0 1037191 128508 0 0 1 0 CAMBRIDGE ASSOCIATES LLC 4100 N FAIRFAX DRIVE SUITE 1300 ARLINGTON VA 22203 INVESTMENT OFFICER 730780 RARE SPECIES CONSERVATORY FOUNDATION IN 1222 EAST ROAD LOXAHATCHEE FL 33470 SPONSORED RESEARCH 300000 ARAMARK EDUCATIONAL SERVICES INC 11200 SW 8TH STREET DC 104 MIAMI FL 33199 CATERING 284610 THE DOUG WILLIAMS GROUP INC 7241 SW 168TH STREET SUITE B PALMETTO BAY FL 33157 PROFESSIONAL SERVICES 173621 4 360092 244088 26997782 118570 27601962 1084190 -21251 1105441 85105 85105 2196020 1445596 750424 750424 750424 110102724 1800000 104453349 1240312 5649375 559688 6209063 6209063 126007 244088 326214 -200207 -200207 STORE REVENUE 453000 53830 53830 ADMISSION 711210 24622 24622 MISCELLANEOUS 900099 14545 14545 13921 13921 106918 35637455 106918 -21251 7949826 23077236 23077236 78000 78000 301575 301575 23437 23437 730780 730780 52775 52775 304930 304930 48199 48199 CAPITAL CAMPAIGN 3431797 3431797 ADVANCEMENT OPERATIONS 887684 887684 FIU PRESIDENT''S EXPENS 708176 708176 BUSINESS OFFICE OPERATI 332616 332616 241379 241379 30218584 23125435 2750231 4342918 8312584 23196003 79648946 70073417 176870 86140 21991715 6295257 17566435 15696458 53066224 49150959 176007241 200149389 1201187 345662 335979487 358698028 417206 107497 255000 273586 62240 12400 5420000 4574758 5321431 6657588 11475877 11625829 X 26984167 32461222 87854851 101704424 209664592 212906553 324503610 347072199 335979487 358698028 X 5418871 23546143 -6396425 X X 0 1 X 1 0 X 35393002 18451630 38955258 22375097 27601962 142776949 887007 899905 897826 1050859 3735597 35393002 19338637 39855163 23272923 28652821 146512546 16649574 129862972 5383537 4672707 3556362 4761626 2634535 21008767 167521313 830339 0.77520 0.74700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 301575 301575 23125435 23427010 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 281496 961926 289646 301575 1834643 250000 250000 250000 250000 1000000 1500000 0 1 X 222945763 6978900 22209081 11538245 240595499 230954396 5196014 -3993652 9210995 222945763 228419576 7252071 4520871 9238122 230954396 202704359 5273351 28497041 8055175 228419576 183227941 12588553 15941955 9054090 202704359 0.88500 0.11500 0 0 21003519 5873073 15130446 926465 422184 504281 61731 61731 15696458 INTERNATIONAL EQUITY SECURITY 73741982 F CORPORATE BONDS 32907800 F LIMITED PARTNERSHIPS 93499607 F 200149389 DUE TO FLORIDA INTERNATIONAL UNIVERSITY 2206451 SPLIT INTEREST OBLIGATION 746137 FUNDS HELD FOR OTHERS 3610000 DUE TO FIU ATHLETICS FINANCE CORPORATION 95000 6657588 X 62984787 23546143 1050859 2373002 26970004 36014783 730780 -1108108 -377328 35637455 34600137 1050859 4061474 5112333 29487804 730780 730780 30218584 PART IV, LINE 2B: THE FOUNDATION HOLDS FUNDS DEPOSITED FOR MANAGEMENT ON BEHALF OF A FAMILY FOUNDATION IN THE AMOUNT OF $12,400. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF DONATIONS RECEIVED BY THE FOUNDATION IN WHICH THE DONOR HAS FORMALLY INDICATED THAT THE FUNDS MUST BE HELD AND INVESTED IN PERPETUITY. EARNINGS DERIVED FROM THE INVESTED ENDOWED FUNDS ARE AVAILABLE FOR SPENDING BASED ON THE DONOR'S EXPLICIT INTENT. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINIATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEE 2,373,002. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON 990 PART VIII -1,445,596. SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII -326,214. SPECIAL EVENT DIRECT DONOR BENEFITS 104,013. GAIN ON SALE OF FIXED ASSETS REPORTED ON 990 PART VIII 559,688. ROUNDING 1. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEE 2,373,002. EXPENSES FROM RELATED ORGANIZATION (REPORTED ON CONSOLIDATED FS) 20,676. RENTAL EXPENSE REPORTED ON 990 PART VIII 1,445,596. SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII 326,214. SPECIAL EVENT DIRECT DONOR BENEFITS -104,013. ROUNDING -1. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 105378092 0 0 0 0 0 0 105378092 0 105378092 1 0 1 1 1 0 X X X X X X X 1 DIRECTLINE TECHNOLOGIES INC 1600 N CARPENTER ROAD MODESTO CA 95351 PHONE 0 360092 20800 339292 360092 20800 339292 AK CA CO FL KY MA MD ME MN NV NH NJ NY ND OH OK OR PA SC UT WA WV WI TORCH AWARDS 290808 189044 101764 99346 3860 102905 67435 PURIM GALA 42979 27604 15375 21753 7523 2910 1 36308 27440 8868 5000 3262 12220 370095 244088 126007 104346 28875 110428 82565 326214 -200207 1 COLLEGE OF MEDICINE 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 5332677 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF BUSINESS ADMINISTRATION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1562915 UNIVERSITY/STUDENT ASSISTANCE WOLFSONIAN MUSEUM 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1747495 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF ARTS SCIENCES & EDUCATION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1533288 UNIVERSITY/STUDENT ASSISTANCE UNIVERSITY BUILDING PROGRAM 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 315998 UNIVERSITY/STUDENT ASSISTANCE ATHLETICS FUND - GOLDEN PANTHERS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1520009 UNIVERSITY/STUDENT ASSISTANCE UNIVERSITY WIDE SCHOLARSHIPS & PROGRAMS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1166499 UNIVERSITY/STUDENT ASSISTANCE SCHOOL OF HOSPITALITY MANAGEMENT 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 991971 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF ENGINEERING & COMPUTING 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 1772839 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF NURSING & HEALTH SCIENCES 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 838059 UNIVERSITY/STUDENT ASSISTANCE FROST ART MUSEUM 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 327899 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF COMMUNICATION ARCHITECTURE & THE ARTS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 737075 UNIVERSITY/STUDENT ASSISTANCE FIU ALUMNI ASSOCIATION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 173236 UNIVERSITY/STUDENT ASSISTANCE COLLEGE OF LAW 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 933141 UNIVERSITY/STUDENT ASSISTANCE OFFICE OF ENGAGEMENT 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 76634 UNIVERSITY/STUDENT ASSISTANCE STEMPEL SCHOOL OF PUBLIC HEALTH 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 258869 UNIVERSITY/STUDENT ASSISTANCE ACADEMIC AFFAIRS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 822880 UNIVERSITY/STUDENT ASSISTANCE SCHOOL OF COMPUTING & INFORMATION 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 388446 UNIVERSITY/STUDENT ASSISTANCE HONORS COLLEGE 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 77019 UNIVERSITY/STUDENT ASSISTANCE FIU LIBRARIES 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 49645 UNIVERSITY/STUDENT ASSISTANCE STUDENT AFFAIRS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 160940 UNIVERSITY/STUDENT ASSISTANCE EXTERNAL RELATIONS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 28194 UNIVERSITY/STUDENT ASSISTANCE UNIVERSITY COLLEGE 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 42491 UNIVERSITY/STUDENT ASSISTANCE UNIVERSITY ADVANCEMENT 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 20703 UNIVERSITY/STUDENT ASSISTANCE HUMAN RESOURCES 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 24790 UNIVERSITY/STUDENT ASSISTANCE DIVISION OF RESEARCH 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 755739 UNIVERSITY/STUDENT ASSISTANCE GREEN SCHOOL OF INT'L & PUBLIC AFFAIRS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 544087 UNIVERSITY/STUDENT ASSISTANCE STUDENT ACCESS & SUCCESS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 789360 UNIVERSITY/STUDENT ASSISTANCE GOVERNMENT RELATIONS 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 84338 UNIVERSITY/STUDENT ASSISTANCE 29 PART I, LINE 2: ALL GRANT FUNDS ARE REVIEWED FOR COMPLIANCE WITH DONOR INTENT AND DISBURSED OR TRANSFERRED IN SUPPORT OF FLORIDA INTERNATIONAL UNIVERSITY. X 1 1 0 0 0 0 0 0 0 0 0 KENNETH G FURTON EX-OFFICIO 0 423405 0 0 0 0 0 30793 0 16020 0 470218 0 0 HOWARD R LIPMAN CEO 0 371571 0 0 0 0 0 21197 0 18038 0 410806 0 0 MILAGROS GARCIA-CHICA CONTROLLER 0 127383 0 0 0 0 0 9766 0 16020 0 153169 0 0 PART I, LINE 1A EVERY EFFORT IS MADE TO OBTAIN THE MOST REASONABLE AIR FARE RATES. THE FOUNDATION WILL REIMBURSE CARRIER EXPENSES FOR COACH. BUSINESS CLASS TRAVEL OR ONE UPGRADE MAY BE REIMBURSED FOR THE UNIVERSITY PRESIDENT, VICE-PRESIDENT, AND DEANS ONLY IF THE TRAVEL TIME EXCEEDS 4 HOURS. IF ANY OTHER EMPLOYEE WISHES TO FLY BUSINESS CLASS FOR AN INTERNATIONAL TICKET EXCEEDING 4 HOURS, APPROVAL IS REQUIRED PRIOR TO TICKET PURCHASE FROM VICE-PRESIDENT. IF BUSINESS CLASS IS AVAILABLE, FIRST CLASS TRAVEL IS NOT REIMBURSABLE THROUGH THE FOUNDATION. PART I, LINE 3 THE ORGANIZATION DOES NOT HAVE ANY PAID EMPLOYEES. HOWEVER, THE ORGANIZATION'S BOARD APPROVES THE BUDGET WHICH INCLUDES THE REIMBURSEMENT FOR PART OF HOWARD R. LIPMAN'S SALARY, WHO IS THE CEO OF THE ORGANIZATION. X 11 118570 FMV 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: THE FIU FOUNDATION HAS A GIFT CLEARING ACCOUNT AT SUNTRUST FOR THE ACCEPTANCE AND SALE OF GIFTS OF SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 TRISH BELL, DIRECTOR, AND DAN BELL, DIRECTOR HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B AN INITIAL DRAFT IS REVIEWED BY THE ASSISTANT VICE-PRESIDENT AND THE CHAIR OF THE AUDIT SUBCOMMITTEE FOR ACCURACY BEFORE FORM 990 IS FILED. THE APPROVED DRAFT FORM 990 IS SUBSEQUENTLY SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH FOUNDATION BOARD AND COMMITTEE MEMBER HAS A CONTINUING OBLIGATION TO BE FAMILIAR WITH THE FLORIDA STATUTES REGARDING ETHICS AND CONFLICTS OF INTEREST AND THE TERMS OF THE POLICY; DISCLOSE TO THE FOUNDATION BOARD AND/OR COMMITTEE CHAIR ANY POSSIBLE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS THAT MIGHT REASONABLY GIVE RISE TO A CONFLICT INVOLVING THE FOUNDATION; AND ACKNOWLEDGE BY HIS OR HER EXECUTION OF THE "CONFLICT OF INTEREST DISCLOSURE FORM" THAT HE OR SHE IS IN COMPLIANCE WITH THE LETTER AND SPIRIT OF THIS POLICY AND APPLICABLE LAWS. BEGINNING EVERY FISCAL YEAR A FORM IS MAILED TO EVERY BOARD MEMBER FOR REVIEW AND UPDATE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYESS AND DOES NOT PROVIDE ANY OFFICER, DIRECTOR, OR OTHER REPRESENTATIVE WITH ANY COMPENSATION. MEMBERS ARE COMPENSATED THROUGH FLORIDA INTERNATIONAL UNIVERSITY, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC ON THEIR WEBSITE AND UPON REQUEST. THE FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES IN VALUE OF SPLIT-INTEREST -34,887. PROVISION FOR UNCOLLECTIBLE PROMISE -6,361,538. FORM 990, PART XII, LINE 2C THE PROCESS FOR THE SELECTION AND SUPERVISION OF THE ORGANIZATION'S INDEPENDENT AUDITOR HAS REMAINED CONSISTENT WITH THE PRIOR YEAR. FOUNDATION ENTERPRISE HOLDINGS I LLC 11200 SW 8TH STREET CSC 319 MIAMI FL 33199 272586968 BENEFIT FOUNDATION FL 222234 1855753 N/A FOUNDATION ENTERPRISE HOLDINGS II LLC 11200 SW 8TH STREET CSC 319 MIAMI FL 33199 461339057 BENEFIT FOUNDATION FL 59638 2686690 N/A FOUNDATION ENTERPRISE HOLDINGS III LLC 11200 SW 8TH STREET CSC 319 MIAMI FL 33199 463023343 BENEFIT FOUNDATION FL 214998 783282 N/A FOUNDATION ENTERPRISE HOLDINGS IV LLC 11200 SW 8TH STREET CSC 319 MIAMI FL 33199 464970036 BENEFIT FOUNDATION FL 21047 16516 N/A FLORIDA INTERNATIONAL UNIVERSITY 11200 SW 8TH STREET MIAMI FL 33199 650177616 EDUCATION FL 115(1) N/A N/A 0 THE WOLFSONIAN INC 11200 SW 8TH STREET- MARC 530 MIAMI FL 33199 592741851 BENEFIT UNIVERSITY FL 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 FLORIDA INTERNATIONAL UNIVERSITY B 23077236 CASH PAID FLORIDA INTERNATIONAL UNIVERSITY J 2149590 CASH RECEIVED FLORIDA INTERNATIONAL UNIVERSITY M 360092 CASH RECEIVED FLORIDA INTERNATIONAL UNIVERSITY P 3535989 CASH PAID