2017-05-12T09:38:22-05:00 2016-06-30 Grant Thornton LLP 100 E WISCONSIN AVENUE Milwaukee WI 53202 990 2015-07-01 426058591 University of Northern Iowa Foundation % GINA E TRIMBLE UNIV 3192737118 204 Commons UNI Cedar Falls IA 506140282 GINA TRIMBLE VP/TREASURER 3182737118 2017-05-12 true Michelle L Weber P00556798 4142898200 2015 2021-01-29 14:40:06Z X Lisa Baronio 204 Commons UNI Cedar Falls IA 506140282 58026261 false X www.uni-foundation.org X 1959 IA Sustain, grow and promote the University of Northern Iowa by soliciting and managing gifts to support the university's education, research & scientific activities. 29 29 0 100 127559 117465 13617205 20930831 0 0 5430821 2709391 53478 8039 19101504 23648261 4911282 5676037 0 0 0 5117272 255642 297801 2853873 8882417 5027937 14049341 16119047 5052163 7529214 139292876 141472817 3613405 3063468 135679471 138409349 THE UNIVERSITY OF NORTHERN IOWA FOUNDATION'S MISSION IS TO SUSTAIN, GROW AND PROMOTE THE UNIVERSITY OF NORTHERN IOWA BY SOLICITING AND MANAGING GIFTS TO SUPPORT THE UNIVERSITY'S EDUCATION, RESEARCH AND SCIENTIFIC ACTIVITIES. false false 5105628 816332 Departmental support for the benefit of students at the University of Northern Iowa - University of Northern Iowa Foundation (UNI Foundation) is designated as the central fundraising agency for the University of Northern Iowa. UNI Foundation conducts campaigns for University priorities and provides central services to support fundraising, growth of the endowment, administration, compliance, donor stewardship, and other areas. 4691273 4691273 Scholarships, primarily for the benefit of students at the University of Northern Iowa - Scholarship recipients are chosen by University of Northern Iowa faculty, department heads, deans, financial aid officers, or a combination of these. Scholarship recipients are selected according to scholarship guidelines written at the time the scholarship is established. UNI Foundation administers the funds for scholarships supported by private gifts. 168432 168432 Captial projects to benefit the University of Northern Iowa - During 2015, capital projects included renovations to the West Gym for benefit of the wrestling program and renovations to the McLeod Center for benefit of the basketball programs. 9965333 true true false false false false true false false true true true false true true true false true false false true false false true true false false true true true false false false false false false false false true true false false false true true true false false true 3 0 true 0 true true false false false false true true false false false false X 29 29 true false false false false false false true true false false true true true true true true true true false AK CA CO DC FL LA MD MA MI MN NV NH NJ NY NC OH OK OR SC UT WA X X GINA E TRIMBLE 3192737118 121 COMMONS Cedar Falls IA 506140239 X Mark Oman Chair 2.0 X X 0 0 0 David Takes Vice Chair 1.0 1.0 X X 0 0 0 Jan Bittner 2nd vice chair 1.0 X X 0 0 0 Steve Anderson Trustee 1.0 X 0 0 0 Bob Bowlsby Trustee - As of 4/2016 1.0 X 0 0 0 Pat Cobb Trustee 1.0 1.0 X 0 0 0 Joy Corning Trustee 1.0 X 0 0 0 Eugene Dietz Trustee 1.0 X 0 0 0 Rex Eno Trustee - Thru 4/2016 1.0 X 0 0 0 Kevin Harberts Trustee 1.0 1.0 X 0 0 0 Jorgen Heidemann Trustee 1.0 2.0 X 0 0 0 Michael Hogan Trustee - As of 4/2016 1.0 X 0 0 0 Rich James Trustee - As of 4/2016 1.0 X 0 0 0 Guang Jin Trustee 1.0 1.0 X 0 0 0 Rose Lorenz Trustee 1.0 1.0 X 0 0 0 David Mason Trustee 1.0 X 0 0 0 Ruth Ann Meyer Trustee 1.0 1.0 X 0 0 0 Jim Mudd Sr Trustee 1.0 X 0 0 0 Dennis Mullen Trustee 1.0 X 0 0 0 David Oman Trustee 1.0 X 0 0 0 Dave Peters Trustee - As of 4/2016 1.0 X 0 0 0 Richard Redfern Trustee 1.0 X 0 0 0 Reid Richards Trustee 1.0 X 0 0 0 Beverly Riess Trustee 1.0 X 0 0 0 Richard Savage Trustee 1.0 1.0 X 0 0 0 Steve Segebarth Trustee 1.0 0.5 X 0 0 0 Duane Smith Trustee 1.0 1.0 X 0 0 0 Sandy Stevens Trustee 1.0 X 0 0 0 Bobbie Williams Trustee 1.0 X 0 0 0 Tim Williams Trustee 1.0 X 0 0 0 Lisa Baronio President of the Board 40.0 1.5 X 110497 0 35351 Gary Shontz Vice President - Thru 4/2016 1.0 X 0 0 0 Michael Hager Vice President - As of 4/2016 1.0 X 0 0 0 Jean Carlisle VP/Secretary of the Board 40.0 1.5 X 85053 0 31538 Frank Esser VP for Special Projects 40.0 X 106821 0 31834 Noreen Hermansen VP for Principal Gifts 40.0 X 128683 0 23291 Gina Trimble VP/Treasurer of the Board 40.0 1.5 X 98380 0 27525 Jim Jermier Director of Collegiate Dev. 40.0 0.5 X 101846 0 28724 William D Calhoun JR Former President of the Board X 145694 0 30104 776974 0 208367 5 true true true Ruffalo Noel Levitz PO Box 3018 CEDAR RAPIDS IA 524063018 Fundraising 297801 Morgan Stanley Smith Barney 4449 Easton Way Suite 300 COLUMBUS OH 43219 Investment Consult 159941 2 199889 20730942 2752113 20930831 0 2046551 -15126 2061677 0 106 106 12000 4067 7933 0 7933 7933 34903368 34240528 662840 662840 142685 520155 133405 199889 133405 0 0 0 0 0 23648261 127559 2589871 984764 984764 4691273 4691273 0 0 432448 140357 292091 0 4684824 1497195 1803648 1383981 0 0 0 0 2555 2555 60405 60405 0 297801 297801 1040579 1040579 622219 488713 17614 115892 800 800 432210 135810 31192 265208 42364 38867 2156 1341 0 45079 19150 485 25444 467057 319029 3447 144581 0 81866 62758 3798 15310 0 0 29716 29716 63645 52994 6246 4405 BUILDING & EQUIPMENT MAINT. 1282740 1166667 48375 67698 MISCELLANEOUS EXPENSES 471229 334302 84871 52056 MEALS & ENTERTAINMENT 380007 173811 18931 187265 UBI TAX 5466 5466 16119047 9965333 3299841 2853873 907066 1263568 14288 6997895 6825462 8056851 223801 0 0 0 0 0 0 0 22403 32735 161282 103142 2246626 1574526 909862 672100 90122580 79561149 38293987 36978580 0 0 0 0 1812145 7806797 139292876 141472817 685769 385949 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2927636 2677519 3613405 3063468 X 8809512 6710971 40417265 40201156 86452694 91497222 135679471 138409349 139292876 141472817 X 7529214 -4672448 -126888 X false true X true false X 12524082 27678761 11153500 13617205 20930831 85904379 0 0 12524082 27678761 11153500 13617205 20930831 85904379 20554269 65350110 1674848 1930020 2295761 2483206 2058657 10442492 34041 117465 151506 90005 91116 102318 137856 133405 554700 97053077 0.67334 0.63380 X Changes to Prior Year Reporting Schedule A, Part II Amounts in the prior year columns of Sections A and B were updated to reflect correct reporting based on the tax returns filed. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 2.00 1 false 0.00 0 96594499 5514745 -2017115 1983209 1164345 2424407 94520168 93879223 4795296 1994632 1772717 906557 1395378 96594499 83003045 2428503 10794938 1406515 805545 135203 93879223 61060506 19629127 6078199 1372533 1042334 1349920 83003045 61196189 4005346 -529339 1255104 1193686 1162900 61060506 0.00600 0.92970 0.06430 true false 1820427 1313122 507305 243330 78535 164795 37199 37199 0 145670 145670 0 672100 REAL ESTATE 3964948 F FUND OF FUNDS 15348269 F COMMON FUNDS 1445923 F OTHER LIMITED PARTNERSHIPS 16219440 F 36978580 INTEREST IN CRUTS 2261703 CGA PORTFOLIO 1635363 LIFE INSURANCE CSV 1426005 BENEFICIAL INTEREST IN TRUST 1349848 INTEREST IN CRATS 900299 LIFE ANNUITY CONTRACT 100733 INTEREST RECEIVABLE 67841 MISCELLANEOUS 65005 7806797 0 ANNUITIES PAYABLE 1577131 ANNUITY TRUSTS PAYABLE 700256 UNITRUSTS PAYABLE 400132 2677519 X 18366666 -4672448 432831 4067 -4235550 22602216 1046045 1046045 23648261 15636787 432831 130954 563785 15073002 1046045 1046045 16119047 CONSERVATION EASEMENTS SCHEDULE D, PART II, LINE 3 NO ACTIVITY DURING THE YEAR. Reporting of Conservation Easements SCHEDULE D, PART II, LINE 9 The conservation easement was given over 100 years ago and is a prairie preserve currently used by the University of Northern Iowa's Biological Research Department. University of Northern Iowa Foundation has not reported the easements on the organization's financial statements but will do so in the next fiscal year. ENDOWMENT FUNDS Schedule D, Part V, Lines 1a-1g The amounts reported on these lines are those of the audited financial statements. The filing organization additionally considers the following amounts permanently restricted endowment. Endowment held at Community Fdn of Greater Des Moines $1,000,778 Money held in Beneficial Trust 349,070 Adjustment for Balance in Endowment Portfolio Net Asset (103,626) Total $1,246,222 Intended Uses of Endowment Funds SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS AND DEPARTMENTAL SUPPORT FOR STUDENTS AT THE UNIVERSITY OF NORTHERN IOWA. ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740-10 SCHEDULE D, PART X, LINE 2 THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THUS, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. The Organization follows the accounting guidance for acounting for uncertainty in income taxes. The Organization recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority. The Organization applied the uncertain tax position guidance to all tax positions for which the statute of limitations remained open and determined there were no material unrecognized tax benefits as of that date. The Organization does not believe there is any uncertainty with respect to its tax position which would result in a material change to the financial statements. The Organization is subject to federal and state income taxes to the extent it has unrelated business income. In accordance with the guidance for uncertainty in income taxes, management has evaluated their material tax positions and determined that there are no income tax effects with respect to its financial statements. The Organization is no longer subject to examination by federal authorities for years prior to June 30, 2013. For state authorities, the statute of limitations is generally three or four years; however, the statute of limitations will remain open for any state returns not filed. The Organization recognizes any interest and penalties related to income taxes. There were no interest or penalties related to income taxes that have been accrued or recognized as of and for the year ended June 30, 2016. Reconciliation of Revenue Schedule D, Part XI, Line 2D Reclassification of rental expenses $4,067 Reconciliation of Expenses Schedule D, Part XII, Line 2D Present value liability actuarial adjustment $126,887 Reclassification of rental expenses 4,067 Total $130,954 Europe (Including Iceland and Greenland) 0 0 Investments 8214463 Central America and the Caribbean 0 0 Investments 19581385 0 0 0 0 27795848 27795848 true false true true true false X X X X X X true Ruffalo Noel Levitz PO Box 3018 Cedar Rapids IA 524063018 Phone Solicit false 776774 297801 478973 776774 297801 478973 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI Auction 307376 182254 125122 125122 Auction 25918 17635 8283 8283 0 333294 199889 133405 133405 133405 true UNI Alumni Association 304 Common UNI Cedar Falls IA 50614 421008316 501(c)(4) 50000 Program Support University of Iowa Foundation PO Box 4550 Iowa City IA 52244 420796760 501(C)(3) 10000 IRRC - Summer Reading Pilot Program UNI-Richard Jacobson Ctr for Comp Literacy 1227 W 27th Street Cedar Falls IA 50614 426004333 SECTION 115 345170 Program Support State University of Iowa 250 Hawkins Drive Iowa City IA 52242 426004813 SECTION 115 8405 Verizon Wireless grant-Summit on Campus Abuse UNI - Center for Educational Transformation 1227 W 27th Street Cedar Falls IA 50614 426004333 SECTION 115 86731 Carver Grant dollars paid to the Center University of Northern Iowa 1227 W 27th Street Cedar Falls IA 50614 426004333 Section 115 168432 Book Capital Projects Program Support University of Northern Iowa 1227 W 27th Street Cedar Falls IA 50614 426004333 Section 115 139475 FMV/Appraisal Artwork Program Support University of Northern Iowa 1227 W 27th Street Cedar Falls IA 50614 426004333 Section 115 16431 FMV Books/Publications Program Support University of Northern Iowa 1227 W 27th Street Cedar Falls IA 50614 426004333 Section 115 25429 FMV Equipment Program Support University of Northern Iowa 1227 W 27th Street Cedar Falls IA 50614 426004333 Section 115 31149 FMV Meals Program Support University of Northern Iowa 1227 W 27th Street Cedar Falls IA 50614 426004333 Section 115 28970 FMV Printing Program Support University of Northern Iowa 1227 W 27th Street Cedar Falls IA 50614 426004333 Section 115 29429 FMV Supplies Program Support University of Northern Iowa 1227 W 27th Street Cedar Falls IA 50614 426004333 Section 115 25000 FMV Software Program Support 3 1 Student Scholarships and Awards 1706 4691273 Procedure for Monitoring Use of Grant Funds Inside U.S. Schedule I, Part I, Line 2 The University of Northern Iowa's Financial Aid Office administers grants, scholarships, and the payment of program funds from the filing organization to the University and its affiliates. The filing organization tests these and all other grants against the originally intended purpose. X true true false false false false false false false false false Lisa Baronio President of the Board 105126 0 0 0 5371 0 10617 0 24734 0 145848 0 0 0 Jean Carlisle VP/Secretary of the Board 84588 0 0 0 465 0 9317 0 22221 0 116591 0 0 0 Noreen Hermansen VP for Principal Gifts 127754 0 0 0 929 0 12967 0 10324 0 151974 0 0 0 William D Calhoun JR Former President of the Board 102380 0 0 0 43314 0 14875 0 15229 0 175798 0 0 0 Jim Jermier Director of Collegiate Dev. 101846 0 0 0 0 0 28724 0 0 0 130570 0 0 0 Health or Social Club Dues Schedule J, Part I, Line 1a The filing organization paid for club memberships for lisa baronio, jim jermier, and steve gearhart during the fiscal year. these were deemed to be taxable and included in the Reportable Compensation. Top Management's Compensation Schedule J, Part I, Line 3 The president of the University of Northern Iowa Foundation (UNI Foundation) also has a university appointment as the vice president for university advancement. Salary for this position is paid through university general funds. The amount of salary increase for the UNI Foundation president and other officers is determined by the president of the university in consultation, as needed, with the UNI foundation board of trustees. Increases are determined by a variety of factors, primarily the achievement of mutually-agreed upon annual goals by the University President and the vice president for university advancement/UNI foundation president. Human resource services at the university provides regular updates regarding salaries (by position and title) at peer institutions. Compensation from an Unrelated Organization FORM 990, PART VII, SECTION A, LINE 1 AND/OR SCHEDULE J, PART II THE UNIVERSITY OF NORTHERN IOWA, AN UNRELATED ORGANIZATION, PAID ALL COMPENSATION FOR THE FIVE INDIVIDUALS LISTED BELOW IN (A) AND (B) FOR THEIR SERVICES RENDERED TO THE FILING ORGANIZATION. (A) THE FILING ORGANIZATION DOES NOT REIMBURSE THE UNIVERSITY OF NORTHERN IOWA FOR COMPENSATION PAID TO WILLIAM D. CALHOUN, JR., LISA BARONIO, AND JEAN CARLISLE. (B) THE FILING ORGANIZATION REIMBURSES THE UNIVERSITY OF NORTHERN IOWA FOR COMPENSATION PAID TO FRANK ESSER, NOREEN HERMANSEN, GINA TRIMBLE, AND JIM JERMIER. COMPENSATION REIMBURSEMENTS ARE REPORTED ON THE STATEMENT OF FUNCTIONAL EXPENSES ON FORM 990, PART IX, LINE 5 AS COMPENSATION OF CURRENT OFFICERS AND DIRECTORS. X 18 139475 FMV/Appraisal X 16431 FMV X 32 857734 Stk Exchange-Avg FMV X 2 1590 FMV X Equipment 7 25429 FMV X Auction 165 118400 FMV X Meals 13 31149 FMV X Printing 9 28970 FMV X Uniforms 3 4556 FMV X Supplies 13 29429 FMV X Software 1 25000 FMV X salaries 1 1473950 actual 14 false true true Use of Third Parties to Sell Noncash Contributions Schedule I, Part I, Line 32B The filing organization uses a third party to liquidate stock contributions. BUISNESS OR FAMILY RELATIONSHIPS FORM 990, PART VI, SECTION A, LINE 2 Mark Oman, Chair and David Oman, Trustee have a family relationship. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B The filing organization utilizies an independent accounting firm to complete the form 990 and related schedules. Management reviews the form 990. Upon management approval of the form 990, the audit committee reviews the entire form 990 and schedules with the outside tax preparer at an on-campus committee meeting. The audit committee chair presents an overview of the form 990 to the full board at an on-campus meeting. A copy of the form 990 is made available to the full board prior to filing with the IRS. CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT FORM 990, PART VI, SECTION B, LINE 12C A conflict of interest policy and questionnaire is distributed annually to trustees, officers and staff. All are asked to disclose relationships and/or organizational commitments to assist in identifying, managing and/or reducing conflicts of interest. Questionnaires are reviewed by the president of the foundation or her designee for potential conflicts of interest. The president of the foundation communicates with necessary individuals to determine what action, if any, must occur, ie, refraining from board votes, etc. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINE 15A The president of the University of Northern Iowa Foundation (UNI Foundation) also has a university appointment as the vice president for university advancement. Salary for this position is paid through university general funds. Salary increases for faculty, professional staff and administrators are to a large extent determined by collective bargaining of the faculty union. The amount of salary increase for the UNI Foundation president and other officers is determined by the president of the university in consultation, as needed, with the UNI foundation board of trustees. Increases are determined by a variety of factors, primarily the achievement of mutually-agreed upon annual goals by the University President and the vice president for university advancement/UNI foundation president. Human resource services at the university provides regular updates regarding salaries (by position and title) at peer institutions. All written documentation is held in a locked file (both paper and electronic) within the office of the UNI Foundation president and is only accessible with permission of the respective staff member and the UNI Foundation president. HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC FORM 990, PART VI, SECTION C, LINE 19 The organization's governing documents, conflict of interest, and financial statements are available to the public upon request. Other Changes to Net Assets Form 990, Part XI, Line 9 Present Value Liability Actuarial Adjustment ($126,887) Other (1) Total ($126,888) Univ of Northern Iowa Research Fndn 205 Commons UNI Cedar Falls IA 506140282 391896362 Int Property IA 501(C)(3) II-1 UNI FNDN true University of Northern Iowa Properties C 205 Commons UNI Cedar Falls IA 506140282 391896366 Manage Prop IA 501(C)(3) II-1 UNI FNDN true Charitable Remainder Annuity Trusts (5) Trust IA UNIF true Charitable Remainder Unitrusts (14) Trust IA UNIF true false false false true false false false false false false false false false false false false false false false UNIVERSITY OF NORTHERN IOWA RESEARCH FNDN D 310000 Loan