2017-05-26T13:55:44-04:00 2016-06-30 621170651 BROWN JAKE & MCDANIEL PC 2607 KINGSTON PIKE SUITE 110 KNOXVILLE TN 379193336 990 2015-07-01 621844686 THE UNIVERSITY OF TENNESSEE FOUNDATION INC UNIV 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 LISA N TAYLOR CFO & TREASURER 8659748926 2016-05-26 true JAMES E BOOHER CPA P00286127 8656378600 2017-05-26 2015 2021-01-29 14:40:06Z X X RICKEY N MCCURRY 1525 UNIVERSITY AVENUE KNOXVILLE TN 379214848 152197148 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. 22 19 220 2700 0 113327411 117554798 0 4214337 6608552 25769011 28033798 143310759 152197148 10418165 14316558 0 35777962 38146777 53563 53563 25959778 30629925 72155905 83146823 71154854 69050325 294988773 364945126 3782705 12446267 291206068 352498859 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 54725525 14316558 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. 54725525 true true false false false false false true 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 true false false true false false false false true 37 0 220 true false false false false false true true true 1 false false false X 22 19 false false false false false false false true true false false true true true true true true true true false TN X LISA TAYLOR CFO TREASURER 8659748926 1525 UNIVERSITY AVENUE ROOM 223 KNOXVILLE TN 379214848 M STEVEN MORRIS CHAIR 0.50 X 0 0 0 RONALD L TURNER VICE CHAIR 0.50 X 0 0 0 STEVEN R ANGLE DIRECTOR 0.50 X 0 0 0 WILLIAM L BLANKENSHIP DIRECTOR 0.50 X 0 0 0 MARIE CHISHOLM-BURNS 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 J HOUSTON GORDON 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 DR ROBERT J KAPLAN DIRECTOR 0.50 X 0 0 0 MICHAEL K LITTLEJOHN 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 BETTY ANN TANNER 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 RICKEY N MCCURRY PRESIDENT & 40.00 X 316831 0 58203 LOFTON K STUART JR UTAA EXEC DI 40.00 X 46773 0 66157 LISA N TAYLOR CFO & TREASU 40.00 X 152796 0 34100 JAMES R MAPLES ASSISTANT TR 0.50 40.00 X 0 187586 70215 RACHAEL R LEBLANC SECRETARY 40.00 X 55124 0 31783 RANDY L FARMER DEVELOPMENT 40.00 X 361506 0 60185 SCOTT A RABENOLD DEVELOPMENT 40.00 X 258727 0 57619 WOODROW M HENDERSON DEVELOPMENT 40.00 X 240313 0 53573 WILLIAM R BRYANT JR DEVELOPMENT 40.00 X 274102 0 63655 BRYAN ROWLAND DEVELOPMENT 40.00 X 208188 0 43553 BETHANY K GOOLSBY DEVELOPMENT 40.00 X 201948 0 32878 KEITH D BARBER DEVELOPMENT 40.00 X 181959 0 47954 FLOYD AKINS JR DEVELOPMENT 40.00 X 181527 0 29702 LELAND PATOUILLET DEVELOPMENT 40.00 X 169408 0 43328 DOROTHY B BRYSON DEVELOPMENT 40.00 X 181757 0 28384 ANDREW A WILSON DEVELOPMENT 40.00 X 154897 0 44411 JAMES F OBEAR DEVELOPMENT 40.00 X 152152 0 43888 GREGORY W HULEN DEVELOPMENT 40.00 X 155115 0 43614 KRISTOPHER R PHILLIPS DEVELOPMENT 40.00 X 136804 0 41899 STEVE CATLETT DEVELOPMENT 40.00 X 132711 0 23890 AE WEBER DEVELOPMENT 40.00 X 127556 0 40260 STATLER S REAGAN DEVELOPMENT 40.00 X 125572 0 29760 MICHAEL CARTER DEVELOPMENT 40.00 X 116724 0 41804 3932490 187586 1030815 20 false true false 117554798 7012352 117554798 6608552 6608552 CONTRACT WITH UT 27819747 27819747 SIEGEL WAREHOUSE RENT 152874 152874 WOOTEN FARM RENT 22000 22000 39177 39177 28033798 152197148 34642350 14316558 14316558 4218628 4218628 27441035 14572240 12868795 2171565 652078 1519487 2706724 542917 2163807 1608825 469792 1139033 53563 53563 6199689 4048024 2151665 823901 266396 557505 7250774 6150434 1100340 CAPITAL PROJECTS 5710649 5710649 OTHER 5299883 4766147 533736 SUPPLIES 3042007 2333808 708199 ENTERTAINMENT 1274287 410449 863838 1028735 486033 542702 83146823 54725525 28367735 53563 17922508 7021815 106864790 111361996 6 2425 167646511 233405082 2554958 13153808 294988773 364945126 368661 298596 113082 7593967 3300962 4553704 3782705 12446267 X 10478863 6534541 116200135 144389960 164527070 201574358 291206068 352498859 294988773 364945126 69050325 -7597561 -159973 X false true X true false X 55989921 66317817 93951525 113327411 117554798 447141472 55989921 66317817 93951525 113327411 117554798 447141472 13362437 433779035 1818563 2239349 2902123 4214337 6608552 17782924 23472143 23139420 24592277 25769011 28033798 125006649 589931045 0.73530 0.74030 X PART II, LINE 10 WOOTEN FARM RENT 118,000 OTHER 102,450 CONTRACT WITH UT 124,135,945 BOATHOUSE RENT 497,380 SIEGEL WAREHOUSE RENT 152,874 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 168052694 36940383 -3587785 5098082 196307210 106989114 64192540 541072 3670032 168052694 80730632 19726607 8983014 2451139 106989114 38009341 39988951 4608353 1876013 80730632 31691003 8285079 -584539 1382202 38009341 1.00000 false false UT INVESTMENT POOL 135436603 F INVESTMENTS - WITH UT 69121212 F INVESTMENTS - TVA CU 18000000 F FIRST TENNESSEE TRUST 5478119 F INVESTMENTS - ORNL 3501731 F ENDOWMENT HELD @ FIDELITY 1366651 F INVESTMENTS - UNRESTRICTED 500766 F 233405082 ANNUITY PAYABLE 2902244 ACCRUED ANNUAL LEAVE 1651460 4553704 X 146513170 -7597561 2073556 -159973 -5683978 152197148 152197148 85220379 2073556 2073556 83146823 83146823 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, 2016, 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 -159,973 X X X true RUFFALO NOEL LEVITZ 1025 KIRKWOOD PKWY SW CEDAR RAPIDS IA 52404 PART IV false 168051 53563 114488 168051 53563 114488 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 14316558 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 27965 30238 375034 LISA N TAYLOR CFO & TREASURER 152796 23266 10834 186896 JAMES R MAPLES ASSISTANT TREASURER 187586 56154 14061 257801 RANDY L FARMER DEVELOPMENT 361506 39830 20355 421691 SCOTT A RABENOLD DEVELOPMENT 258727 27965 29654 316346 WOODROW M HENDERSON DEVELOPMENT 240313 24479 29094 293886 WILLIAM R BRYANT JR DEVELOPMENT 274102 34614 29041 337757 BRYAN ROWLAND DEVELOPMENT 208188 21362 22191 251741 BETHANY K GOOLSBY DEVELOPMENT 201948 21169 11709 234826 KEITH D BARBER DEVELOPMENT 181959 19652 28302 229913 FLOYD AKINS JR DEVELOPMENT 181527 18579 11123 211229 LELAND PATOUILLET DEVELOPMENT 169408 18461 24867 212736 DOROTHY B BRYSON DEVELOPMENT 181757 17514 10870 210141 ANDREW A WILSON DEVELOPMENT 154897 16488 27923 199308 JAMES F OBEAR DEVELOPMENT 152152 16189 27699 196040 GREGORY W HULEN DEVELOPMENT 155115 15924 27690 198729 KRISTOPHER R PHILLIPS DEVELOPMENT 136804 14452 27447 178703 STEVE CATLETT DEVELOPMENT 132711 13474 10416 156601 AE WEBER DEVELOPMENT 127556 13044 27216 167816 STATLER S REAGAN DEVELOPMENT 125572 12543 17217 155332 MICHAEL CARTER DEVELOPMENT 116724 14479 27325 158528 X 190 6934352 HIGH/LOW STOCK PRICE AVG X 1 78000 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 1, ITEM B THIS INFORMATION RETURN IS AMENDED TO PROPERLY REPORT AGREEMENTS WITH AND PAYMENTS MADE TO A PROFESSIONAL FUNDRAISING ORGANIZATION. FORM 990 PART IX HAS BEEN REVISED AND SCHEDULE G HAS BEEN ADDED. ALSO, UNRELATED CHANGES HAVE BEEN MADE TO SCHEDULE D PART V RELATED TO ENDOWMENTS FUNDS TO CORRECT AN ERROR IN THE SCHEDULE. 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 -159,973 TOTAL -159,973 SIXTH AVENUE WAREHOUSE LLC 600 HENLEY ST UT CONFERENCE CT 100 KNOXVILLE TN 379964101 REAL EST. TN NA