2017-03-20T14:59:49-05:00 2016-06-30 420714325 RSM US LLP 7351 OFFICE PARK PL MELBOURNE FL 32940 990 2015-07-01 596152180 THE FLORIDA STATE UNIVERSITY FOUNDATION INC FLOR 8506446000 2010 LEVY AVE BLDG B NO 300 TALLAHASSEE FL 32310 THOMAS W JENNINGS PRESIDENT 8506440749 2017-03-07 1 THERESA A BURDINE CPA P00362629 3217516200 2015 2021-01-29 14:40:06Z THOMAS W JENNINGS 2010 LEVY AVE BLDG B NO 300 TALLAHASSEE FL 32310 246379944 0 X WWW.FOUNDATION.FSU.EDU X 1960 FL THE FLORIDA STATE UNIVERSITY FOUNDATION ENHANCES THE ACADEMIC MISSION AND VISION OF FLORIDA STATE UNIVERSITY THROUGH ITS ORGANIZED FUNDRAISING ACTIVITIES AND MANAGEMENT. THE FSU FOUNDATION ACCOMPLISHES ITS MISSION BY FOSTERING RELATIONSHIPS WITH ALUMNI AND FRIENDS; ADVOCATING CHARITABLE GIVING AND RAISING FUNDS ON BEHALF OF FSU; SOLICITING CONTRIBUTIONS FOR ACADEMIC PURPOSES AS PART OF FSU'S OVERALL ADVANCEMENT EFFORT; INVESTING ANDDISBURSING FUNDS TO MEET CURRENT AND FUTURE NEEDS OF FSU; AND STRENGTHENING RELATIONSHIPS WITH DONORS TO FSU. 51 50 138 567 35924 -998654 57370590 111122036 776832 895801 11983420 11542029 1851773 3120312 71982615 126680178 20956904 24557617 0 0 24562493 14010208 605826 493713 10701180 20839592 21596360 66964815 60657898 5017800 66022280 606729813 652862288 17263223 20914496 589466590 631947792 THE FLORIDA STATE UNIVERSITY FOUNDATION ENHANCES THE ACADEMIC MISSION AND VISION OF THE FLORIDA STATE UNIVERSITY THROUGH ITS ORGANIZED FUNDRAISING ACTIVITIES AND FUNDS MANAGEMENT. 0 0 43083381 24557617 3886829 THE FLORIDA STATE UNIVERSITY FOUNDATION EXPENDS FUNDS FOR PURPOSES THAT ENHANCE THE ACADEMIC MISSION OF THE FLORIDA STATE UNIVERSITY. ACADEMIC SUPPORT INCLUDES SALARIES, SCHOLARSHIPS & FELLOWSHIPS, RESEARCH, CAPITAL FUNDING, EQUIPMENT & SUPPLIES, TRAVEL AND OTHER RELATED EXPENSES. THIS SUPPORT HELPS THE UNIVERSITY'S OUTSTANDING FACULTY INSPIRE STUDENTS, FOSTER AND ENHANCE STRONG ACADEMIC PROGRAMS, AND SERVE AS A KEY ELEMENT TO INSTITUTIONAL GREATNESS. EMINENT SCHOLARS AND PROFESSORSHIPS ARE PRESTIGIOUS POSITIONS HELD BY THE UNIVERSITY'S MOST ACCOMPLISHED FACULTY. SPENDING TO SUPPORT THESE POSITIONS MEANS THAT ACADEMIC EXCELLENCE WILL BE MAINTAINED. CURRICULUM DEVELOPMENT, INTERNSHIPS, INTERDISCIPLINARY WORK, EXPERIENTIAL LEARNING AND ACADEMIC ENRICHMENT ALL REQUIRE PRIVATE SUPPORT. 43083381 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 X 339 0 1 138 1 0 1 BD CJ VI EI 0 0 0 1 1 0 0 0 0 X 51 50 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 FL AK CA CO KY LA ME MD MA MI MN NH NJ NY ND OH OK OR SC UT WA WV WI X X HOLLY NEWELL 8506446000 INNOVATION PARK 2010 LEVY AVE BLDG TALLAHASSEE FL 32310 KATHRYN E BALLARD TRUSTEE/EX OFFICIO V, FSU BOT 1.00 X 0 0 0 THOMAS BARTELMO TRUSTEE 1.00 X 0 0 0 DANIEL N BASS TRUSTEE 1.00 X 0 0 0 BRETT A BRACIAK TRUSTEE 1.00 X 0 0 0 KEITH D CARR TRUSTEE 1.00 X 0 0 0 DEAN L CASH TRUSTEE 1.00 X 0 0 0 BARBARA S COEN TRUSTEE 1.00 X 0 0 0 TIMOTHY A COLE TRUSTEE 1.00 X 0 0 0 PETER H COLLINS TRUSTEE 1.00 X 0 0 0 THOMAS M CULLIGAN TRUSTEE 1.00 X 0 0 0 JOHN W CULVER TRUSTEE 1.00 X 0 0 0 SALVADOR DIAZ-VERSON TRUSTEE 1.00 X 0 0 0 MARCY P DRISCOLL TRUSTEE/EX OFFICIO V, CHAIR, DEANS DEV COMM 1.00 X 0 0 0 JULIE D EICHENBERG TRUSTEE/CHAIR ELECT 1.00 X X 0 0 0 ANDREW F FEINBERG TRUSTEE 1.00 X 0 0 0 SUSAN M FIORITO TRUSTEE/EX OFFICIO V, FACULTY SENATE PRESIDENT 1.00 X 0 0 0 RALPH R GONZALEZ TRUSTEE/TREASURER 1.00 X X 0 0 0 DANIEL J GRANT TRUSTEE 1.00 X 0 0 0 FRANKLIN L HAGENBECK TRUSTEE 1.00 X 0 0 0 ANNE HAMILTON-HOLD TRUSTEE 1.00 X 0 0 0 JOHN T HERNDON TRUSTEE 1.00 X 0 0 0 MART P HILL TRUSTEE 1.00 X 0 0 0 NAN C HILLIS TRUSTEE 1.00 X 0 0 0 WILLIAM T HOLD TRUSTEE/SECRETARY 1.00 X X 0 0 0 GORDON S HOLDER TRUSTEE/PAST CHAIR 1.00 X 0 0 0 PAUL G HUDSON TRUSTEE 1.00 X 0 0 0 MARVALENE HUGHES TRUSTEE 1.00 X 0 0 0 PETER D JONES TRUSTEE 1.00 X 0 0 0 FRED E KARLINSKY TRUSTEE 1.00 X 0 0 0 DAVID B LANE TRUSTEE 1.00 X 0 0 0 SHARON A LICAMARA TRUSTEE 1.00 X 0 0 0 WILLIAM C LLOYD TRUSTEE 1.00 X 0 0 0 JOHN M LUSK TRUSTEE 1.00 X 0 0 0 STEPHANIE L LYNCH TRUSTEE 1.00 X 0 0 0 ROBERT B MANG TRUSTEE 1.00 X 0 0 0 THOMAS M MCALPIN TRUSTEE 1.00 X 0 0 0 WAYNE M MESSAM TRUSTEE 1.00 X 0 0 0 JOYCE B MILES TRUSTEE 1.00 X 0 0 0 JANE E MORGAN TRUSTEE 1.00 X 0 0 0 FRANCIS J NARDOZZA TRUSTEE 1.00 X 0 0 0 MICHAEL C POLAND TRUSTEE 1.00 X 0 0 0 SHERRILL W RAGANS TRUSTEE 1.00 X 0 0 0 CRAIG A REUTLINGER TRUSTEE 1.00 X 0 0 0 EVAN M ROMAN TRUSTEE/EX OFFICIO V, CHAIR, STUDENT FOUNDATION 1.00 X X 0 0 0 BOB L SASSER TRUSTEE 1.00 X 0 0 0 JANET L STONER TRUSTEE 1.00 X 0 0 0 LOUIS C TAORMINA TRUSTEE 1.00 X 0 0 0 JOHN W THIEL TRUSTEE/CHAIR 1.00 X X 0 0 0 JOHN E THRASHER TRUSTEE/EX OFFICIO V, FSU PRESIDENT/DESIGNEE 1.00 X 0 0 0 DAVID M WALSH TRUSTEE/EX OFFICIO V, CHAIR, STUDENT FOUNDATION 1.00 X 0 0 0 ELIZABETH J WALTERS TRUSTEE 1.00 X 0 0 0 ASHBEL C WILLIAMS TRUSTEE/EX OFFICIO V, PAST FOUNDATION CHAIRMAN 1.00 X 0 0 0 TOM W JENNINGS JR PHD PRESIDENT 40.00 X X 300287 0 40069 ANDY A JHANJI EXECUTIVE VP 40.00 X 240990 0 55279 PATRICK J CROWLEY VP ADV RELATIONS/ASST SEC. 40.00 X 133040 0 33429 HOLLY NEWELL CFO/ASST TREASURER 40.00 X 108800 0 33222 LAURA POWELL CFO/ASST TREASURER 40.00 X 105224 0 16752 PERRY FULKERSON VP, CENTRAL DEVELOPMENT 40.00 X 189657 0 42598 JEANNE PECHA VP, ADVANCEMENT SERVICES 40.00 X 157058 0 29359 MARK PANKEY ASSOCIATE DEAN, DEVELOPMENT 40.00 X 146384 0 32566 JACOB LEMON ASST VP DEVELOPMENT AND PRINCIPAL GIFTS 40.00 X 137690 0 40366 BRANDON MCCRAY ASST VP CONSTITUENT PROGRAMS 40.00 X 137354 0 27278 1656484 0 350918 10 0 1 0 CAMBRIDGE ASSOCIATES PO BOX 10317 UNIONDALE NY 11555 INVESTMENT CONSULTING 944319 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 FUNDRAISING SERVICES 579854 PENNINGTON PA PO BOX 10095 TALLAHASSEE FL 32302 LEGAL SERVICES 403793 BLACKBAUD INC PO BOX 930256 ATLANTA GA 31193 SOFTWARE SOLUTIONS 402045 NATIONAL PUBLIC RADIO PO BOX 79540 BALTIMORE MD 21279 BROADCAST SERVICES 327022 16 222643 1876736 109022657 1782237 111122036 REGISTRATION/ADMINISTR 900099 796121 796121 SPONSORSHIPS 900099 99680 99680 895801 4280303 4280303 126327 126327 206101 179898 26203 26203 26203 126677973 119416247 7261726 7261726 7261726 70655 222643 103621 -32966 -32966 MISCELLANEOUS 900099 2991027 2991027 ADVERTISING 541800 9721 9721 3000748 126680178 3886828 35924 11635390 24492345 24492345 65072 65072 200 200 1087718 563450 524268 9938553 1278889 2799736 5859928 1169931 880 325802 843249 1100129 5925 438030 656174 713877 40737 232083 441057 229639 75859 153780 208935 33800 175135 37497 37497 493713 493713 2792373 2527473 220649 44251 1127965 886539 2908 238518 3355862 2540213 379685 435964 319182 164692 154370 120 1010749 426736 584013 3102444 2524626 38172 539646 967663 925796 14248 27619 836 617 219 63751 63751 150779 63241 87538 CAMPUS EVENTS & DONOR E 3845397 3362660 16359 466378 PROVISION FOR UNCOLLECT 1195505 1195505 BOOKS, JOURNALS, & SUBS 1023995 917742 27324 78929 MEMBERSHIP DUES AND FEE 980132 963799 8341 7992 1183656 552538 587744 43374 60657898 43083381 6873337 10701180 18349544 12900390 36680000 40795497 20389016 78634942 3432962 3451849 7096217 2931881 194309 4164336 506203386 491621404 21480596 21293870 606729813 652862288 4591401 3324230 5500000 6100000 7171822 11490266 17263223 20914496 X 705486 -14996754 170785202 214843277 417975902 432101269 589466590 631947792 606729813 652862288 X 66022280 -23541077 -1 X X 0 1 X 1 0 X 51095024 58060799 43621682 57370590 111122036 321270131 51095024 58060799 43621682 57370590 111122036 321270131 69228813 252041318 4444838 2874434 5322867 4364168 4406630 21412937 43332 41096 11280 13716 35924 145348 1305766 1987062 2262460 2991027 8546315 351374731 3647416 0.71730 0.89350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 37497 0 0 37497 0 PART II-B, LINE 1: FEES OF $37,497.35 WERE PAID TO CONSULTANTS FOR SERVICES TO SUPPORT THE INTERESTS OF FLORIDA STATE UNIVERSITY, NO PAYMENTS WERE IN SUPPORT OF OR IN OPPOSITION TO ANY CANDIDATE FOR POLITICAL OFFICE. 451100435 12957232 -10581743 5372728 11449103 8460081 428194012 471320561 9927989 -5215109 5000792 11334496 8597718 451100435 415308139 9085740 69897942 4408024 10166034 8397202 471320561 370494800 19105053 48466127 4172626 9982090 8603125 415308139 386797725 14702652 -9480451 4163600 8886004 8475522 370494800 0.04850 0.94790 0.00360 1 0 1619876 1619876 2935889 549659 2386230 2540452 2382222 158230 4164336 AGENCY LIABILITIES 1123431 ANNUITY OBLIGATIONS 6324501 PROMISSORY NOTE PAYABLE 4042334 11490266 X 103422620 -23541077 283519 -23257558 126680178 0 126680178 60941418 283520 283520 60657898 0 60657898 PART V, LINE 4: SPENDING FROM THE FOUNDATION'S ENDOWMENTS SUPPORTS THE ACADEMIC ACTIVITIES OF THE UNIVERSITY INCLUDING SCHOLARSHIPS AND PROGRAMS. PART X, LINE 2: THE FOUNDATION IS A NON-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) WITH THE EXCEPTION OF ANY UNRELATED BUSINESS INCOME. THE FOUNDATION IS CLASSIFIED AS AN ORGANIZATION OPERATED FOR THE BENEFIT OF A COLLEGE OR UNIVERSITY OWNED OR OPERATED BY A GOVERNMENTAL UNIT DESCRIBED IN SECTION 170(B)(1)(A)(IV). THE FOUNDATION HAS REVIEWED ITS TAX STATUS AND RELATED FILINGS AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS FOR WHICH AN OBLIGATION NEEDS TO BE RECORDED PURSUANT TO THE INCOME TAX TOPIC (ASC 740). PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 103,621. RENTAL EXPENSES 179,898. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 103,621. RENTAL EXPENSES 179,898. ROUNDING 1. 1 CENTRAL AMERICA/ CARIBBEAN INVESTMENTS N/A 97232438 0 0 0 0 0 0 97232438 0 97232438 1 0 1 1 1 0 X 1 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 PHONE SOLICITATION 0 704615 546578 158037 704615 546578 158037 AL AK AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI NJ NH MO MS MN NM NY NC ND OH OK OR PA RI SC TN UT WA WV WI VA JAZZ BRUNCH 96576 87294 9282 15264 12936 10618 GOLF TOURNAMENT 53793 38715 15078 2400 5220 1485 1750 1633 140159 94099 46060 480 502 7339 19578 9781 14471 290528 220108 70420 2880 502 12559 36327 24467 26722 103457 -33037 SCHEDULE G, PART II AS REPORTED ON SCHEDULE G, NET INCOME FOR FUNDRAISING EVENTS DOES NOT INCLUDE ANY CHARITABLE CONTRIBUTIONS FROM FUNDRAISING EVENTS. EXCLUDING CHARITABLE CONTRIBUTIONS, AS PER SCHEDULE G INSTRUCTIONS, CAN RESULT IN NEGATIVE INCOME FOR PURPOSES OF SCHEDULE G, PART II, LINE 11. FUNDRAISING EVENTS NOT ONLY SERVE TO RAISE MONEY BUT ALSO INCREASE DONOR AWARENESS WITH HOPE OF FUTURE CONTRIBUTIONS IN SUPPORT OF THE MISSION. 1 BIG BEND HOSPICE 1723 MAHAN CENTER BLVD TALLAHASSEE FL 32308 592328806 501(C)3 30000 DONATION - PEDIATRIC BEREAVEMENT INITIATIVE THE FLORIDA STATE UNIVERSITY 600 WEST COLLEGE AVENUE TALLAHASSEE FL 32306 591961248 501(C)3 22678637 787926 FMV COMPUTERS, EQUIPMENT, AND FURNITURE SUPPORT SCHOLARSHIPS AND UNIVERSITY PROGRAMS THE FLORIDA STATE UNIVERSITY ALUMNI ASSOCIATION 1030 W TENNESSEE STREET TALLAHASSEE FL 32304 590705420 501(C)3 302775 PROGRAM SUPPORT FOR THE ALUMNI ASSOCIATION OPERATIONS THE FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION 2000 LEVY AVENUE BUILDING A SUITE 351 TALLAHASSEE FL 32310 593211153 501(C)3 44508 RESEARCH SUPPORT - STUDENT STIPENDS UNHOUSED HUMANITY INC 15852 SW 61ST STREET MIAMI FL 33193 474203269 501(C)3 11200 ENTREPRENEURSHIP AWARD JUNIOR ACHIEVEMENT OF NORTH FLORIDA 4049 WOODCOCK DRIVE SUITE 200 JACKSONVILLE FL 32207 591021800 501(C)3 6000 DONATION - YOUTH EDUCATION INITIATIVE IMPACT ALABAMA 1901 6TH AVE N SUITE 2400 BIRMINGHAM AL 35203 200850212 501(C)3 6395 DONATION TO PROVIDE FREE VISION SCREENINGS FOR CHILDREN IN HEAD STARTS HILLEL AT FLORIDA STATE PO BOX 1715 TALLAHASSEE FL 32302 596194457 501(C)3 18000 PROGRAM SUPPORT FOR THE FSU JEWISH STUDENT COMMUNITY MOTE MARINE LABORATORY 1600 KEN THOMPSON PARKWAY SARASOTA FL 34236 590756643 501(C)3 122672 PROGRAM SUPPORT FOR THE OPERATIONS OF THE LABORATORY SOUTHERN SCHOLARSHIP HOUSE 322 STADIUM DRIVE TALLAHASSEE FL 32304 590939481 501(C)3 16814 STUDENT SCHOLARSHIPS FOR ACADEMIC SUPPORT TALLAHASSEE MEMORIAL HEALTHCARE FOUNDATION 1331 EAST SIXTH AVENUE TALLAHASSEE FL 32303 591727645 501(C)3 202300 MEDICAL RESEARCH SUPPORT DIVVYUP LLC 2195 W TENNESSEE ST 14101 TALLAHASSEE FL 32304 472180103 9000 ENTREPRENEURSHIP AWARD FLORIDA STATE DEPARTMENT OF LEGAL AFFAIRS OFFICE OF THE ATTORNEY GENERAL TALLAHASSEE FL 323991050 596001874 501(C)3 16250 PROGRAM SUPPORT FOR THE COLLEGE OF LAW BOND COMMUNITY HEALTH CENTER 1720 SOUTH GADSDEN STREET TALLAHASSEE FL 32301 592426414 501(C)3 125000 DONATION - PEDIATRIC OVERWEIGHT & OBESITY INTERVENTION INITIATIVE NORTHERN MICHIGAN UNIVERSITY 1401 PRESQUE ISLE AVENUE MARQUETTE MI 49855 386029206 501(C)3 43505 PROGRAM SUPPORT FOR COMMON SENSE ECONOMICS UNIVERSITY OF FLORIDA FINANCIAL AID S-107 CRISER HALL GAINESVILLE FL 32611 596002052 501(C)3 6769 STUDENT SCHOLARSHIPS FOR ACADEMIC SUPPORT YOUNG ENTREPRENEURSHIP SOCIETY PO BOX 3061110 TALLAHASSEE FL 32306 591961248 501(C)3 18750 PROGRAM SUPPORT - ENTREPRENEURSHIP MAJOR'S SOPHOMORE EXPERIENCE 16 1 INDUSTRY AWARD 25 19072 RESEARCH STIPEND- ACADEMIC SUPPORT 22 46000 PART I, LINE 2: THE UNIVERSITY OVERSEES THE GRANT PROCESS. UNIVERSITY PERSONNEL DETERMINE WHO WILL RECEIVE AWARDS AND HOW THEY ARE AWARDED. INTERNAL AUDITS ARE PERFORMED ANNUALLY TO VERIFY THAT DONOR RESTRICTIONS ARE BEING COMPLIED WITH BY THE UNIVERSITY DURING THE GRANT PROCESS. AFTER MAKING GRANT SELECTIONS, THE UNIVERSITY GIVES THE FOUNDATION AN APPROVED DISBURSEMENT REQUEST TO TRANSFER THE FUNDS. AT THE TIME OF THE GRANT, THE ORGANIZATION AUDITS THE DISBURSEMENT TO ENSURE THAT IT MEETS THE DONOR'S INTENT. THE FOUNDATION KEEPS RECORDS OF THE DISBURSEMENTS AS PART OF ITS ACCOUNTS PAYABLE DOCUMENTATION. X X 1 1 0 0 0 0 0 0 0 0 0 TOM W JENNINGS JR PHD PRESIDENT 294287 0 0 0 6000 0 20991 0 19251 0 340529 0 0 0 ANDY A JHANJI EXECUTIVE VP 240990 0 0 0 0 0 35854 0 19982 0 296826 0 0 0 PATRICK J CROWLEY VP ADV RELATIONS/ASST SEC. 133040 0 0 0 0 0 20453 0 13385 0 166878 0 0 0 PERRY FULKERSON VP, CENTRAL DEVELOPMENT 189657 0 0 0 0 0 29044 0 14067 0 232768 0 0 0 JEANNE PECHA VP, ADVANCEMENT SERVICES 157058 0 0 0 0 0 23070 0 6730 0 186858 0 0 0 MARK PANKEY ASSOCIATE DEAN, DEVELOPMENT 146384 0 0 0 0 0 19665 0 13338 0 179387 0 0 0 JACOB LEMON ASST VP DEVELOPMENT AND PRINCIPAL GI 137690 0 0 0 0 0 21368 0 19398 0 178456 0 0 0 BRANDON MCCRAY ASST VP CONSTITUENT PROGRAMS 137354 0 0 0 0 0 15561 0 12137 0 165052 0 0 0 PART I, LINE 1A CHARTER FLIGHTS ARE PROVIDED FOR THE FOUNDATION PRESIDENT TO ATTEND SCHEDULED MEETINGS WHEN COMMERCIAL TRAVEL ALTERNATIVES ARE NOT AVAILABLE. WHEN CHARTER FLIGHTS ARE USED, OTHER FOUNDATION AND UNIVERSITY EXECUTIVES TRAVEL WITH THE PRESIDENT TO PREPARE EN ROUTE FOR THE MEETINGS. THE FOUNDATION PAID SOCIAL CLUB DUES, SPECIFICALLY FOR FUNDRAISING PURPOSES, FOR THE FOUNDATION PRESIDENT. PART I, LINE 3 THE FOUNDATION PRESIDENT, THOMAS W. JENNINGS, IS AN EMPLOYEE OF THE FLORIDA STATE UNIVERSITY. HIS COMPENSATION IS REVIEWED AND SET BY THE PRESIDENT OF THE FLORIDA STATE UNIVERSITY, OR HIS DESIGNEE, IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES. THESE POLICIES REQUIRE THAT COMPARABLE DATA BE USED TO DETERMINE THAT MANAGEMENT IS COMPENSATED FAIRLY AND COMPETITIVELY WHEN COMPARED TO SIMILAR ROLES IN OTHER FOUNDATIONS NATIONALLY. SCHEDULE J, PART II DURING THE FISCAL YEAR ENDED JUNE 30, 2016, THE FOLLOWING WERE EMPLOYEES OF FLORIDA STATE UNIVERSITY: EMPLOYEE TITLE THOMAS W. JENNINGS FOUNDATION PRESIDENT MR. JENNINGS ALSO HOLDS THE TITLE OF VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT AT FLORIDA STATE UNIVERSITY, AND, IN THIS ROLE, HE OVERSEES THE ACTIVITIES OF FOUR DIRECT SUPPORT ORGANIZATIONS OF THE UNIVERSITY, INCLUDING THE ACTIVITIES OF THE FSU FOUNDATION. FLORIDA STATE UNIVERSITY HAS BEEN DETERMINED TO BE AN UNRELATED ORGANIZATION FOR PURPOSES OF FORM 990 REPORTING. X 10 APPRAISAL X 1 2000 PUBLISHED VALUE X 56 1476573 SALE OF COMPARABLES X EQUIP & SUPPLIES 12 301266 PUBLISHED VALUE/SELL X MEDIA 2 1778 COST/SELLING PRICE X CATERED FOOD 1 620 COST/SELLING PRICE 0 1 0 PART I, COLUMN (B): THE FOUNDATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 33: AS SET FORTH IN SFAS 116, THE FOUNDATION DOES NOT RECOGNIZE AS REVENUE: CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS THAT ARE ADDED TO COLLECTIONS HELD FOR PUBLIC EXHIBITIONS, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN. FORM 990, PART VI, SECTION A, LINE 2 WILLIAM T. HOLD, BOARD OF TRUSTEES MEMBER AND OFFICER (SECRETARY), FOR THE BOARD, AND ANNE HAMILTON-HOLD, ANOTHER TRUSTEE, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE FOLLOWING IS THE REVIEW AND DISTRIBUTION PROCESS FOR THE FOUNDATION'S FORMS 990 AND 990T. THIS PROCESS TAKES PLACE EACH YEAR PRIOR TO FILING THE FORMS WITH THE IRS: 1) THE CFO REVIEWS FORM 990 AND FORM 990T WITH THE CEO AND RESOLVES ANY ISSUES OR QUESTIONS WITH THE INDEPENDENT ACCOUNTING FIRM THAT PREPARES THE FORMS. IT IS THE CFO AND CEO'S RESPONSIBILITY TO CONFIRM THAT THESE FORMS REPRESENT THE FOUNDATION'S FINANCIAL CONDITION FOR THE PERIOD BEING REPORTED AND DO NOT CONTAIN ANY UNTRUE STATEMENTS OR OMIT ANY MATERIAL FACTS; 2) THE FOUNDATION'S BOARD OF TRUSTEES HAS DELEGATED TO THE AUDIT COMMITTEE THE RESPONSIBILITY FOR THE FINAL REVIEW OF THE DRAFT FORMS 990 AND 990T AND NO FURTHER REVIEW BY THE BOARD IS REQUIRED BEFORE THE FORMS ARE FILED WITH THE IRS. THE COMMITTEE'S REVIEW IS DOCUMENTED IN THE COMMITTEE MEETING MINUTES; 3) DRAFT FORMS 990 AND 990T ARE PROVIDED TO EACH VOTING BOARD MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE FORMS WITH THE IRS. DISTRIBUTION MAY BE IN THE FORM OF ELECTRONIC MAIL, NOTIFICATION OF A LINK TO A WEBSITE OR ACTUAL MAILING OF THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL TRUSTEES ARE ASKED TO COMPLETE A CONFLICT OF INTEREST FORM. THE BOARD STAFF LIAISON MONITORS THE PROCESS TO ENSURE THAT COMPLETED FORMS ARE RETURNED BY ALL MEMBERS WITH INDIVIDUAL FOLLOW UP WHEN NECESSARY. HARD COPIES OF ALL FORMS ARE RETAINED. IT IS THE RESPONSIBILITY OF THE ASSISTANT SECRETARY OF THE BOARD TO INFORM THE BOARD CHAIR AND COMMITTEE CHAIRPERSONS OF ANY EXISTING CONFLICTS SO THAT THEY CAN BE SURE THAT BOARD MEMBERS RECUSE THEMSELVES FROM ANY DISCUSSIONS AND/OR ACTIONS INCLUDING VOTES ON ISSUES WHERE THERE IS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE TOP MANAGEMENT, OFFICERS, AND KEY EMPLOYEES REPORTED ON THE FSU FOUNDATION FORM 990 ARE COMPRISED OF TWO EMPLOYEES OF THE FLORIDA STATE UNIVERSITY AND THE REMAINDER ARE EMPLOYEES OF THE FSU FOUNDATION. FOR EMPLOYEES OF THE FLORIDA STATE UNIVERSITY, COMPENSATION FOR MANAGEMENT IS REVIEWED AND SET BY THE PRESIDENT OF THE FLORIDA STATE UNIVERSITY, OR HIS DESIGNEE, IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES. THESE POLICIES REQUIRE THAT COMPARABLE DATA BE USED TO DETERMINE THAT MANAGEMENT IS COMPENSATED FAIRLY AND COMPETITIVELY WHEN COMPARED TO SIMILAR ROLES IN OTHER FOUNDATIONS NATIONALLY. FOR EMPLOYEES OF THE FSU FOUNDATION, VARIOUS INDUSTRY SURVEYS OF SALARIES AT COMPARABLE UNIVERSITY RELATED ADVANCEMENT ORGANIZATIONS AND OTHER SOURCES WITH COMPARABLE POSITIONS ARE UTILIZED TO DETERMINE COMPENSATION FOR NEW HIRES AND TO PERIODICALLY VALIDATE CURRENT SALARY LEVELS TO DECIDE IF ADJUSTMENTS ARE NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FOUNDATION'S FINANCIAL STATEMENTS, FORM 990 AND 990-T ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). FORM 990, PART XI, LINE 9: ROUNDING -1. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE TO THE PROCESS FROM THE PRIOR YEAR.