2017-05-11T14:00:40-05:00 2016-06-30 420714325 RSM US LLP 7351 OFFICE PARK PL MELBOURNE FL 32940 990 2015-07-01 596211832 UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC UNIV 4078821220 12424 RESEARCH PARKWAY NO 140 ORLANDO FL 32826 MISTY SHEPHERD CFO 4078821220 2017-05-11 1 THERESA A BURDINE CPA P00362629 3217516200 2015 2021-01-29 14:40:06Z MISTY SHEPHERD 12424 RESEARCH PARKWAY NO 140 ORLANDO FL 32826 91215907 0 X WWW.UCFFOUNDATION.ORG X 1968 FL THE UCF FOUNDATION ENCOURAGES, STEWARDS AND CELEBRATES CHARITABLE CONTRIBUTIONS FROM ALUMNI AND FRIENDS TO SUPPORT THE UNIVERSITY OF CENTRAL FLORIDA. THE UCF FOUNDATION, INC. IS A NOT-FOR-PROFIT ORGANIZATION THAT ENHANCES THE MISSION AND VISION OF THE UNIVERSITY OF CENTRAL FLORIDA THROUGH ITS FUNDRAISING ACTIVITIES. THROUGH THE FOUNDATION, PRIVATE SUPPORT HAS HELPED UCF ESTABLISH ITSELF AS A MAJOR METROPOLITAN UNIVERSITY. 34 31 0 600 95752 85277 29500099 41260393 2829540 2798419 35325400 1160526 3496514 3536273 71151553 48755611 16514950 16738423 0 0 10006451 10286460 478967 543734 6593331 6326881 8851272 33327249 36419889 37824304 12335722 289988145 301233535 32596165 29982558 257391980 271250977 X THE UCF FOUNDATION ENCOURAGES, STEWARDS AND CELEBRATES CHARITABLE CONTRIBUTIONS FROM ALUMNI AND FRIENDS TO SUPPORT THE UNIVERSITY OF CENTRAL FLORIDA. 0 0 7296194 7231692 1851926 ATHLETICS EXPENSES PAID IN SUPPORT OF THE UNIVERSITY OF CENTRAL FLORIDA ATHLETICS PROGRAM ENHANCE THE OVERALL ACADEMIC AND ATHLETIC EXPERIENCE FOR STUDENTS AND HELPS PROVIDE FUNDS NECESSARY FOR UCF ATHLETICS TO CONTINUE DEVELOPING A NATIONALLY COMPETITIVE ATHLETICS PROGRAM. FUNDS ASSIST UCF ATHLETICS IN PROVIDING THE RESOURCES NECESSARY FOR UCF STUDENT ATHLETES TO SUCCEED IN THE CLASSROOM AND IN COMPETITION. 5359248 3202860 27259 ACADEMIC EXPENSES PAID IN SUPPORT OF THE UNIVERSITY OF CENTRAL FLORIDA PROGRAMS INCLUDE FUNDING FOR PROGRAM EXPENSES AND SALARIES FOR UNIVERSITY EMPLOYEES. ACADEMIC SUPPORT HELPS THE UNIVERSITY'S OUTSTANDING FACULTY INSPIRE STUDENTS, FOSTER AND ENHANCE STRONG ACADEMIC PROGRAMS, AND SERVE AS A KEY ELEMENT TO INSTITUTIONAL GREATNESS. ENDOWED CHAIRS, EMINENT SCHOLARS, AND DISTINGUISHED PROFESSORS ARE PRESTIGIOUS ACADEMIC POSITIONS HELD BY THE UNIVERSITY'S MOST ACCOMPLISHED FACULTY. SPENDING TO SUPPORT THESE POSITIONS MEANS THAT ACADEMIC EXCELLENCE WILL BE MAINTAINED AND SUPPORT FOR RESEARCH PROJECTS AND INNOVATIVE PROGRAMS ARE AT THE HEART OF THE UCF LEARNING EXPERIENCE. OPPORTUNITIES, CURRICULUM DEVELOPMENT, INTERNSHIPS, INTERDISCIPLINARY WORK, EXPERIENTIAL LEARNING, AND ACADEMIC ENRICHMENT REQUIRE PRIVATE SUPPORT. 3563836 3519766 5866 STUDENT AID - THE UCF FOUNDATION IS DEDICATED TO ENRICHING THE LIVES OF UCF STUDENTS; THEREFORE, THE FOUNDATION SOLICITS DONATIONS TO SUPPORT SCHOLARSHIPS TO BENEFIT UCF STUDENTS. SCHOLARSHIPS ARE DESIGNED TO REWARD, ENCOURAGE AND ASSIST STUDENTS IN PURSUING ACADEMIC EXCELLENCE. SCHOLARSHIPS HELP ATTRACT A DIVERSE STUDENT BODY THAT CONTINUES TO BRING VARIOUS TALENTS AND AMBITIOUS GOALS TO ALL FACETS OF THE UNIVERSITY. SCHOLARSHIP FUNDS ARE TRANSFERRED TO THE UNIVERSITY FOR ADMINISTRATION AND PROCESSING. 8129705 2784105 1024606 RESEARCH: RESEARCH IS CONDUCTED ON AN INDIVIDUAL AND COLLABORATIVE BASIS BY FACULTY WHO FOCUS ON THEIR PARTICULAR AREAS OF ACADEMIC DISCIPLINE. UCF HAS NUMEROUS NATIONALLY AND INTERNATIONALLY RECOGNIZED RESEARCH INSTITUTES DEVOTED TO INNOVATIVE RESEARCH AND DEVELOPMENT. ALUMNI RELATIONS: ENHANCES THE LIVES OF UCF ALUMNI, PARENTS, STUDENTS AND FRIENDS BY FOSTERING A MUTUALLY BENEFICIAL RELATIONSHIP WITH THE UNIVERSITY OF CENTRAL FLORIDA. GENERAL UNIVERSITY SUPPORT: THE FOUNDATION ALSO ADMINISTERS EXPENSES TO SUPPORT GENERAL AREAS AND PROGRAMS OF THE UNIVERSITY. 8129705 2784105 1024606 24348983 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 0 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 1 X 88 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 34 31 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 AK CA KY MD MA MI MN NH NJ NY OK OR SC UT WI X X MISTY SHEPHERD 4078821220 12424 RESEARCH PARKWAY SUITE 140 ORLANDO FL 32826 X JUDY ALBERTSON DIRECTOR/IMM PAST CHAIR 1.00 X 0 0 0 RICHARD O BALDWIN JR DIRECTOR 1.00 X 0 0 0 SCOTT BUESCHER DIRECTOR 1.00 X 0 0 0 GIDEON LEWIS DIRECTOR 1.00 X 0 0 0 PHYLLIS KLOCK DIRECTOR/CHAIR 1.00 X X 0 0 0 RONALD C THROW DIRECTOR/SECRETARY 1.00 X X 0 0 0 RICHARD WALSH DIRECTOR 1.00 X 0 0 0 LEILA NODARSE DIRECTOR 1.00 X 0 0 0 JOSEPH MELBOURNE DIRECTOR 1.00 X 0 0 0 ANTONIO MERENO DIRECTOR 1.00 X 0 0 0 RITA ADLER DIRECTOR 1.00 X 0 0 0 MELANIE FERNANDEZ DIRECTOR/TREASURER 1.00 X X 0 0 0 SURESH GUPTA DIRECTOR 1.00 X 0 0 0 DAVID BOONE DIRECTOR 1.00 X 0 0 0 LORETTA COREY DIRECTOR 1.00 X 0 0 0 JAMES W FERRELL DIRECTOR/VICE CHAIR 1.00 X X 0 0 0 NELSON J MARCHIOLI DIRECTOR/CO-VICE CHAIR 1.00 X X 0 0 0 DR JOHN C HITT EX-OFFICIO DIRECTOR/PRESID 1.00 X 0 0 0 MARCOS MARCHENA EX-OFFICIO DIRECTOR/CHAIR UCF BOT 1.00 X 0 0 0 JOHN D EULIANO SR DIRECTOR 1.00 X 0 0 0 DIANE MAHONY DIRECTOR 1.00 X 0 0 0 MARY BETH MORGAN DIRECTOR 1.00 X 0 0 0 JOYCE VIRGA DIRECTOR 1.00 X 0 0 0 ANTHONEY J CONNELLY DIRECTOR 1.00 X 0 0 0 JAMES A JAHNA SR DIRECTOR 1.00 X 0 0 0 MARGERY L PABST DIRECTOR 1.00 X 0 0 0 JOHN R SPROULS DIRECTOR 1.00 X 0 0 0 PAUL E RYAN DIRECTOR 1.00 X 0 0 0 MICHAEL J MORSEBERGER CHIEF EXECUTIVE OFFICER 40.00 X 234768 0 32131 BEN MCMAHAN CHIEF OPERATING OFFICER 40.00 X 227389 0 25725 AJ BERT FRANCIS II CHIEF FINANCIAL OFFICER 40.00 X 162816 0 16145 JOYCE HENCKLER CHIEF DEVELOPMENT OFFICER TILL 10/2015 40.00 X 164446 0 30234 ROBERT J HOLMES JR FORMER CEO 40.00 X 252890 0 36923 THOMAS MESSINA ASSOCIATE VP ALUMNI RELATI 40.00 X 142812 0 16750 ROBIN KNIGHT EXECUTIVE DIRECTOR CECS 40.00 X 110598 0 26217 RACHEL SCHAEFER ASSISTANT VP DEVELOPMENT 40.00 X 134988 0 18940 ANNE BOTTERI ASST VP COMMUNICATIONS/MAR 40.00 X 154418 0 26745 1585125 0 229810 11 0 1 1 CUSHMAN & WAKEFIELD 12424 RESEARCH PARKWAY ORLANDO FL 32826 BUILDING MANAGEMENT SERVICES 506769 BLACKBAUD PO BOX 930256 ATLANTA GA 31193 CONSULTING SERVICES 379190 DIGITAL CONVERGENCE ALLIANCE INC PO BOX 50008 COLUMBIA SC 29250 MASTER CONTROL SERVICES FOR WUCF TV 341850 PENNINGTON & ASSOCIATES INC 6959 STAPOINT CT WINTER PARK FL 32792 CONSTRUCTION SERVICES 319584 GMI GROUP INC 470 SATELLITE BLVD NE SUITE R SUWANNEE GA 30024 MAINTENANCE 277202 19 3806443 173788 10130148 27150014 235413 41260393 PROGRAM REVENUES 611710 2798419 2798419 2798419 1579463 1579463 258887 58887 200000 9822334 6600552 3221782 3221782 3221782 35233648 35652585 -418937 -418937 -418937 231831 173788 191946 39885 21420 18465 15975 15213 762 762 ADVERTISING REVENUE 541800 14683 14683 MISCELLANEOUS REVENUE 900099 274 274 14957 48755611 2798693 95752 4600773 16601294 16601294 137129 137129 1219616 587374 632242 6899636 1758440 1942787 3198409 493945 86040 153380 254525 1132534 242553 426765 463216 540729 88951 184093 267685 18279 18279 118300 118300 187827 187827 543734 543734 517127 517127 1164838 707306 351078 106454 228491 172292 29890 26309 582964 205176 77724 300064 653118 76630 552596 23892 102563 102563 592756 380671 54935 157150 620779 422993 52676 145110 168349 143412 24937 99408 6667 92741 110124 28249 78550 3325 PROGRAMING & BROADCASTI 1532086 1532086 BANQUETS & RECEPTIONS 757998 672283 18132 67583 FURNITURE & EQUIPMENT 354941 270597 44758 39586 SPONSORSHIP/MEMBERSHIPS 314981 216723 12035 86223 726343 309101 139418 277824 36419889 24348983 5477575 6593331 101900 1800 14799064 17789398 9822384 22300277 103978 136968 507312 538623 593983 473541 100201328 24263802 77344019 75937526 108753965 84763697 77607981 98963925 353559 327780 289988145 301233535 2419320 2078724 1841641 1922397 23040264 22465883 4350000 2855000 944940 660554 32596165 29982558 X 82271984 92450529 52148866 52604837 122971130 126195611 257391980 271250977 289988145 301233535 12335722 1523276 0 X X 0 1 X 1 0 X 21373139 25608046 22651576 29500099 41260393 140393253 21373139 25608046 22651576 29500099 41260393 140393253 140393253 12065394 12747309 13868330 12262411 11601797 62545241 158140 136524 102758 151417 95752 644591 12429 369330 39086 1277 274 422396 204005481 14190184 0.68820 0.75970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 0 0 1 187827 0 1 3225 191052 0 PART II-B, LINE 1: THE FOUNDATION PROVIDES FUNDING FOR GOVERNMENTAL RELATIONS AND LOBBYING EFFORTS ON BEHALF OF THE UNIVERISTY. THE GOVERNMENT RELATIONS INCLUDE CULTIVATING, MAINTAINING, AND ENHANCING THE LINK BETWEEN UCF AND THE VARIOUS PUBLICS IT SERVES AND TO CREATE AND IMPLEMENT COMMUNITY-BASED PROGRAMS. THIS IS TO INCREASE KNOWLEDGE AND UNDERSTANDING OF THE UNIVERSITY WITHIN KEY EXTERNAL COMMUNITIES. X 1 0.25 0 1 0 1.00 0 150688036 3395955 1519006 1579101 3903831 3659262 146460803 154614861 3877774 911663 1314156 3642735 3759372 150688036 135494628 2550623 23691905 749717 2812345 1560232 156614861 122629469 2339881 15093797 359349 1010983 3198187 135494628 127134563 1684967 -1449380 467687 1314973 2958021 122629469 0.03010 0.96990 0.00000 0 0 53640384 53640384 34375119 15484022 18891097 10267001 7202106 3064895 648702 648702 0 1270122 928972 341150 75937526 HEXAVEST WORLD EQUITY FUND 16900592 F MAXEY/DUGGAR PROPERTY 12000000 F OTHER SECURITIES < 5% OF TOTAL INVESTMENTS 70063333 F 98963925 COMPENSATED ABSENCES 70117 TENANT SECURITY & KEY DEPOSIT 39215 ANNUITY PAYMENT LIABILITY 551222 660554 56534560 1523276 6807711 8330987 48203573 552038 552038 48755611 42675563 6807711 6807711 35867852 552038 552038 36419890 PART II, LINE 9: THE FOUNDATION HAS ONE CONSERVATION EASEMENT (50 FOOT CONSERVATION EASEMENT FOR DRAINAGE ALONG THE EASTERLY BOUNDARY OF THE PROPERTY), WHICH WAS INCLUDED IN THE VALUE OF THE LAND ON THE FOUNDATION'S BALANCE SHEET. PART V, LINE 4: THE FOUNDATION AUTHORIZES SPENDING FROM ITS ENDOWMENT TO SUPPORT THE UNIVERSITY'S STUDENT SCHOLARSHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, AND ACADEMIC PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED AGAINST RENTAL REVENUE 6,600,552. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 191,946. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 15,213. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED AGAINST INVESTMENT REVENUE 517,127. VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 34,911. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED AGAINST RENTAL REVENUE 6,600,552. FUNDRAISING EVENT EXPENSES NETTED AGAINST FUNDRAISING EVENT REVENUE 191,946. MERCHANDISE SALES EXPENSE NETTED AGAINST MERCHANDISE SALES REVENUE 15,213. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED AGAINST INVESTMENT REVENUE 517,127. VALUE OF ANNUITY PAYMENTS NETTED AGAINST REVENUE 34,911. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES UCF PROGRAM SERVICE 20000 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, IRAN, IRA 0 0 FUNDRAISING UCF PROGRAM SERVICE 23087 0 0 0 0 0 0 43087 0 43087 0 0 0 0 0 1 X X X X X X X 1 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 CALL CENTER 0 231566 192400 39166 BENTZ WHALEY FLESSNER & ASSOCIATES 7251 OHMS LANE MINNEAPOLIS MN 55439 CONSULTANTS 0 0 133612 -133612 THOMAS MITCHELL & ASSOCIATES LLC 2580 E 5TH STREET POMPANO BEACH FL 33062 CONSULTANTS 0 0 110000 -110000 KAREN S COCHRAN LLC 2880 OLD CASTLE DRIVE WINTER PARK FL 32792 CONSULTANTS 0 0 40000 -40000 KORBIN GROUP LLC 610 N KENDRICK AVE GLENDIVE MT 59330 CONSULTANTS 0 0 33000 -33000 SUSAN SHULLAW & ASSOCIATES PO BOX 2328 IOWA CITY IA 52240 CONSULTANTS 0 0 26289 -26289 ROSE GARFINKLE 32 BROADWAY 310 ASHEVILLE NC 28801 CONSULTANTS 0 0 18569 -18569 ANNUAL GIVING NETWORK LLC 51 ORCHARD STREET MEDFIELD MA 02052 CONSULTANTS 0 0 5000 -5000 231566 558870 -327304 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NC ND OH OK OR PA RI SC TN UT VA WA WV WI MO NY LA NM ROSEN COLLEGE PINEAPPLE BALL 107170 24668 82502 200 11383 30501 72973 FOOTBALL KICKOFF LUNCHEON 96445 66460 29985 8 173139 81676 91463 3769 8597 39659 340 24524 376754 172804 203950 3969 19980 70160 340 97497 191946 12004 SCHEDULE G, PART I, LINE 2B, COLUMN (V) SCHEDULE G, PART I, LINE 2B - GROSS RECEIPTS REPORTING FOR BENTZ WHALEY FLESSNER AND ASSOCIATES, THOMAS MITCHELL & ASSOCIATES, KAREN S COHRAN LLC, KORBIN GROUP LLC, SUSAN SHULLAW & ASSOCIATES, ROSE GARFINKLE AND ANNUAL GIVING NETWORK LLC THERE WILL BE NO GROSS RECEIPTS GENERATED FROM THESE VENDORS SINCE THE VENDOR IS PROVIDING RESEARCH SUPPORT AND CONSULTING SERVICES TO THE FOUNDATION'S DEVELOPMENT OFFICE REGARDING SOLICITATION STRATEGIES. IN ADDITION TO PROFESSIONAL FEE EXPENSES PAID TO ANNUAL GIVING NETWORK LLC, BENTZ WHALEY FLESSNER & ASSOCIATES, KAREN S COCHRAN LLC, SUSAN SHULLAW & ASSOCIATES AND RUFFALO NOEL LEVITZ, THE FOUNDATION REIMBURSED THE COMPANIES $836.12, $10,947.13, $12,813.34, $3,680.50 AND $7,099.31 RESPECTIVELY. THIS WAS FOR BUSINESS TRAVEL AND INCIDENTAL EXPENSES IN ACCORDANCE WITH THE CONTRACTS. PART II- DIRECT EXPENSES EVENT #2 ONE OF THE TOP FUNDRAISING EVENTS WAS HELD BY ATHLETICS AND THE EXPENSES RELATED TO THESE EVENTS WERE INCURRED BY ATHLETICS DIRECTLY AND HENCE NONE WERE REPORTED BY UCFF. 0 UNIVERSITY OF CENTRAL FLORIDA 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 592924021 501(C)(3) 9463542 FUNDING FOR PROGRAMS & SCHOLARSHIPS UCF GOLDEN KNIGHTS CORPORATION INC PO BOX 163555 ORLANDO FL 32826 203794571 501(C)(3) 2800558 ATHLETIC STADIUM SUPPORT UCF CONVOCATION CORPORATION INC 4000 CENTRAL FLORIDA BLVD ORLANDO FL 32816 161733312 501(C)(3) 958923 CONVOCATION CENTER SUPPORT UCF ATHLETIC ASSOCIATION INC PO BOX 163555 ORLANDO FL 32826 592334448 501(C)(3) 3241530 ATHLETIC SCHOLARSHIP & PROGRAM SUPPORT UNIVERSITY CENTRAL FLORIDA RESEARCH FOUNDATION 12201 RESEARCH PARKWAY ORLANDO FL 32826 593086453 501(C)(3) 136740 RESEARCH ACTIVITY SUPPORT 5 0 TICKETS, CLOTHES, MEALS, AND MISC. FOR STUDENTS 996 47443 PURCHASE PRICE TICKETS/CLOTHES/MEALS TRAVEL AND REGISTRATION PAYMENTS FOR VARIOUS STUDENTS 498 77654 PURCHASE PRICE TRAVEL/REGISTRATION OTHERS 10 12000 CASH AWARD EDUCATIONAL EQUIPMENT AND SUPPLIES 2 31 PURCHASE PRICE EQUIPMENT/SUPPLIES PART I, LINE 2: DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS: THE FOUNDATION MAINTAINS THE APPROVED EXPENDITURE REQUEST WHICH SUBSTANTIATE THE GRANT AMOUNTS PROVIDED TO THE RECIPIENTS. THE FOUNDATION MAINTAINS DONOR INFORMATION, RELATED CONTRIBUTION DOCUMENTATION, AND ANY DONOR RESTRICTIONS OUTLINED BY THE DONOR INCLUDING SCHOLARSHIP CRITERIA. THE GRANTS ARE MADE TO THE UNIVERSITY OR UNIVERSITY AFFILIATED ENTITIES AND THE FOUNDATION RELIES ON THE POLICIES, PROCEDURES, AND CONTROLS ESTABLISHED BY THESE ENTITIES FOR EXPENDITURE TRACKING AND PROPER ADMINISTRATION OF THE GRANTS. X X X 1 1 X 0 0 0 0 0 0 0 0 0 MICHAEL J MORSEBERGER CHIEF EXECUTIVE OFFICER 230906 0 0 0 3862 0 18265 0 13866 0 266899 0 0 0 BEN MCMAHAN CHIEF OPERATING OFFICER 227203 0 0 0 186 0 17620 0 8105 0 253114 0 0 0 AJ BERT FRANCIS II CHIEF FINANCIAL OFFICER 162816 0 0 0 0 0 6690 0 9455 0 178961 0 0 0 JOYCE HENCKLER CHIEF DEVELOPMENT OFFICER TILL 10/20 157646 0 0 0 6800 0 15041 0 15193 0 194680 0 0 0 ROBERT J HOLMES JR FORMER CEO 222180 0 21898 0 8812 0 17380 0 19543 0 289813 0 0 0 THOMAS MESSINA ASSOCIATE VP ALUMNI RELATI 75513 0 0 0 67299 0 7976 0 8774 0 159562 0 0 0 RACHEL SCHAEFER ASSISTANT VP DEVELOPMENT 134935 0 0 0 53 0 10538 0 8402 0 153928 0 0 0 ANNE BOTTERI ASST VP COMMUNICATIONS/MAR 154418 0 0 0 0 0 12202 0 14543 0 181163 0 0 0 PART I, LINE 1A SUPPLEMENTAL COMPENSATION INFORMATION - 1. FIRST-CLASS OR CHARTER TRAVEL - FIRST CLASS TRAVEL PROVIDED TO THE PRESIDENT OF THE UNIVERSITY FOR HEALTH REASONS AND TO ACCOMMODATE PREPARATION FOR MEETINGS. CHARTER FLIGHTS ARE PROVIDED FOR THE PRESIDENT AND OTHER EXECUTIVE LEADERSHIP TO TRAVEL TOGETHER AND SUFFICIENTLY PREPARE EN ROUTE TO MEETINGS. 2. TAX INDEMNIFICATION AND GROSS UP PAYMENTS - FOR VARIOUS UNIVERSITY EMPLOYEES, THE FOUNDATION MADE SUPPLEMENT PAYMENTS WHICH INCLUDED GROSSED-UP AMOUNTS FOR TAX PURPOSES. THE TOTAL GROSSED-UP AMOUNTS WERE INCLUDED IN THE EMPLOYEES' REPORTABLE TAXABLE COMPENSATION. 3. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - THE FOUNDATION PROVIDES CERTAIN SOCIAL CLUB MEMBERSHIPS FOR FUNDRAISING, DONOR CULTIVATION, OR OTHER BUSINESS PURPOSES. THE PERSONAL PORTION OF THE MEMBERSHIPS IS INCLUDED IN THE INDIVIDUALS' TAXABLE COMPENSATION. PART I, LINE 7 THE FOUNDATION PAYS CERTAIN EXECUTIVES BONUSES DETERMINED BASED ON PERFORMANCE GOALS RELATED TO QUALITY OF EDUCATION, INSTITUTIONAL GROWTH AND FUNDRAISING. SCHEDULE J, PART II 1. ALL THE EMPLOYEES LISTED IN SCHEDULE J ARE EMPLOYEES OF THE UNIVERSITY OF CENTRAL FLORIDA WHICH HAS BEEN DETERMINED TO BE AN UNRELATED ORGANIZATION FOR PURPOSES OF 990 REPORTING. 2. DURING THE FISCAL YEAR, THE FOUNDATION PAID $1,059,857 TO THE UNIVERSITY RELATED TO COMPENSATION FOR DR. JOHN HITT, UCF PRESIDENT. IN ADDITION, THE FOUNDATION PAID FOR OTHER BENEFITS SUCH AS MEMBERSHIPS AND AN AUTOMOBILE LEASE WHICH WERE REPORTED TO UCF PAYROLL. A UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC 596211832 2008-12-30 10400000 REFUND PRIOR ISSUE 2008 0 0 0 B UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC 596211832 2009-12-17 12540000 REFUND PRIOR ISSUE 2009 0 0 0 A 1640000 10400000 2008 1 0 1 1 B 12433674 106326 2009 1 0 1 1 A 0 1 0 1 1 0.00950 0.00950 0 0 0 B 0 1 0 1 1 0.02910 0.02910 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 DR JOHN HITT EX-OFF DIR OF UCFF 536875 SUNTRUST ORLANDO (SEE SCHEDULE O) 0 PART IV DR HITT IS A DIRECTOR OF SUNTRUST, CENTRAL FLORIDA. THE UCF FOUNDATION PREVIOUSLY OBTAINED SEVERAL REAL ESTATE LOANS FROM SUNTRUST BANKS AND MADE PRINCIPAL AND INTEREST PAYMENTS DURING THE CURRENT YEAR TO SUNTRUST BANKS FOR THESE LOANS. IN ADDITION, THE UCF FOUNDATION HAS MADE PAYMENTS TO SUNTRUST BANKS FOR CUSTODIAL SERVICES RELATED TO THE FOUNDATION'S INVESTMENTS. X 7 0 X 24 235413 FMV WHEN RECEIVED X 0 0 X FURN/EQUIP 11 0 X SUPPLIES 5 0 X MISCELLANEOUS 4 0 2 0 1 1 PART I, LINE 32B: USE OF THIRD PARTY TO SELL NONCASH CONTRIBUTIONS. THE FOUNDATION INSTRUCTS SUNTRUST, AS CUSTODIAN OF ITS INVESTMENTS, TO SELL ANY STOCK GIFTS RECEIVED BY THE FOUNDATION. STOCKS ARE VALUED AT THE AVERAGE OF THE HIGH AND LOW MARKET PRICE ON THE DAY OF RECEIPT. PART I, TYPES OF PROPERTY LINE 1 ART-WORKS OF ART, LINE 4 BOOKS AND PUBLICATION, LINE 5 CLOTHING AND HOUSEHOLD GOODS, LINE 18 COLLECTIBLES, LINE 23 SCIENTIFIC SPECIMENS, LINE 25 FURNITURE/EQUIPMENT AND LINE 26 SUPPLIES: THE FOUNDATION RECEIVED SEVERAL DONOR GIFT IN KIND CONTRIBUTIONS DURING THE YEAR. THESE GIFTS IN KIND PASSED THROUGH THE FOUNDATION TO THE UNIVERSITY AND ARE NOT INCLUDED IN THE FOUNDATION'S REVENUE BECAUSE THE FOUNDATION SERVES ONLY AS AN AGENT FOR THE UNIVERSITY. PART I, B - NUMBER OF CONTRIBUTIONS OR ITEMS CONTRIBUTED: THE FOUNDATION REPORTS THE NUMBER OF CONTRIBUTIONS AND NOT THE NUMBER OF ITEMS CONTRIBUTED IN EACH CATEGORY, UNLESS REQUIRED OTHERWISE BY IRS. PART I, LINE 9 B: THE FOUNDATION REPORTS THE NUMBER OF GIFTS RECEIVED. FORM 990, PART V, LINE 2A NUMBER OF EMPLOYEES REPORTED ON FORM W3: ALL EMPLOYEES ARE UNIVERSITY OF CENTRAL FLORIDA EMPLOYEES; THEREFORE, THE UNIVERSITY OF CENTRAL FLORIDA ADMINISTERS THE EMPLOYEE COMPENSATION AND HUMAN RESOURCE PROCESS. FORM 990, PART VI, SECTION A, LINE 2 RITA ADLER HAS A BUSINESS RELATIONSHIP WITH RICHARD WALSH. BEN MCMAHAN HAS A BUSINESS RELATIONSHIP WITH JAMES W. FERRELL. FORM 990, PART VI, SECTION B, LINE 11 THE FOLLOWING IS THE REVIEW AND DISTRIBUTION PROCESS FOR THE FOUNDATION'S ANNUAL FORM 990. THIS PROCESS SHALL BE FOLLOWED EACH YEAR PRIOR TO FILING THESE DOCUMENTS WITH THE IRS. 1. THE CFO AND CEO SHALL REVIEW BOTH THE FORM 990 AND THE FORM 990-T AND RESOLVE ANY OUTSTANDING ISSUES OR QUESTIONS WITH THE INDEPENDENT ACCOUNTING FIRM REVIEWING OR PREPARING THE FORMS BEFORE DISTRIBUTION TO THE AUDIT COMMITTEE OR THE BOARD. IT IS THE CFO'S AND CEO'S RESPONSIBILITY TO CONFIRM THAT THESE FORMS DO NOT CONTAIN ANY UNTRUE STATEMENTS OR OMIT ANY MATERIAL FACTS AS WELL AS ENSURE THE FINANCIAL INFORMATION FAIRLY REPRESENTS THE FOUNDATION'S FINANCIAL CONDITION FOR THE PERIOD BEING REPORTED. 2. THE AUDIT COMMITTEE SHALL REVIEW THE DRAFT FORM 990 PRIOR TO FILING WITH THE IRS AND SHALL DOCUMENT THEIR DISCUSSION AND REVIEW OF THE DOCUMENTS IN THE COMMITTEE MEETING MINUTES. FINAL REVIEW OF THE FORM 990 IS SPECIFICALLY DELEGATED TO THE AUDIT COMMITTEE AND NO FURTHER REVIEW SHALL BE REQUIRED BEFORE SUCH FORMS ARE FILED WITH THE IRS. 3. THE DRAFT FORM 990 SHALL BE PROVIDED TO EACH VOTING BOARD MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. DISTRIBUTION MAY BE IN THE FORM OF ELECTRONIC MAIL, NOTIFICATION LINK TO AN ELECTRONIC WEBSITE, OR ACTUAL MAILING OF THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND KEY EMPLOYEES SHALL BE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE FORM. THIS ANNUAL DISCLOSURE FORM WILL REQUEST SPECIFIC INFORMATION REGARDING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE FOUNDATION AND WHETHER PROCESS FOR APPROVAL SET FORTH IN THIS POLICY WAS USED. AN INTERESTED PERSON WHO HAS OR LEARNS ABOUT A POTENTIAL CONFLICT SHOULD DISCLOSE PROMPTLY TO THE CHAIR OF THE BOARD DUE DILIGENCE COMMITTEE AND THE FOUNDATION'S CFO THE MATERIAL FACTS SURROUNDING ANY POTENTIAL CONFLICT OF INTEREST, INCLUDING SPECIFIC INFORMATION CONCERNING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE FOUNDATION. ALL EFFORTS SHOULD BE MADE TO DISCLOSE ANY SUCH CONTRACT OR TRANSACTION AND HAVE IT APPROVED BY THE COMMITTEE BEFORE THE ARRANGEMENT IS ENTERED INTO. FOLLOWING RECEIPT OF INFORMATION CONCERNING A CONTRACT OR TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST, THE BOARD DUE DILIGENCE COMMITTEE SHALL CONSIDER THE MATERIAL FACTS CONCERNING THE PROPOSED CONTRACT OR TRANSACTION, INCLUDING THE PROCESS BY WHICH THE DECISION WAS MADE TO RECOMMEND ENTERING INTO THE ARRANGEMENT ON THE TERMS PROPOSED. THE COMMITTEE SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE TO THE FOUNDATION AND THE ARRANGEMENT IS CONSISTENT WITH THE BEST INTEREST OF THE FOUNDATION. FAIRNESS INCLUDES, BUT IS NOT LIMITED TO, THE CONCEPTS THAT THE FOUNDATION SHOULD PAY NO MORE THAN FAIR MARKET VALUE FOR ANY GOODS OR SERVICES WHICH THE FOUNDATION RECEIVES AND THAT THE FOUNDATION SHOULD RECEIVE FAIR MARKET VALUE CONSIDERATION FOR ANY GOODS OR SERVICES THAT IT FURNISHES OTHERS. WHEN AN INTERESTED PERSON BECOMES AWARE OF A PROPOSED CONFLICT OF INTEREST TRANSACTION, HE OR SHE WILL HAVE A DUTY TO TAKE THE FOLLOWING ACTIONS: (A) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF SUCH CONFLICT OF INTEREST TRANSACTION TO THE CHAIR OF THE DUE DILIGENCE COMMITTEE AND TO THE FOUNDATION'S CFO; (B) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURANGE THE FOUNDATION TO ENTER INTO THE CONFLICT OF INTEREST TRANSACTION; (C) AND PHYSICALLY RECUSE THEMSELVES FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE CONFLICT OF INTEREST TRANSACTION WITH OFFICIALS OF THE FOUNDATION, AT MEETINGS OF THE BOARD OF DIRECTORS, AND WITH OTHER MEMBERS OF THE FOUNDATION COMMUNITY, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION ABOUT THE CONFLICT OF INTEREST TRANSACTION. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF THE VOTE ON THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY HUMAN RESOURCES DEPARTMENT REVIEWS COMPARABLE SALARY DATA. MARKET DATA FROM SALARY SURVEY SOURCES IS USED TO ASSIGN AN ACCURATE VALUE TO THE POSITION IN THE EXTERNAL LABOR MARKET. SURVEY MATCHES ARE BASED ON THE PRIMARY DUTIES OF THE POSITION. THE SURVEY DATA PROVIDES SALARY AND DEMOGRAPHIC DATA FOR SELECTED POSITIONS NATIONWIDE AND IS REPORTED IN A STATISTICAL FORMAT INDICATING THS AVERAGE AND MEDIAN SALARIES AND ADDITIONAL PERCENTILES (I.E. 25TH, 75TH). THE UNIVERSITY HR DEPARTMENT REVIEWS COMPARABLE SURVEY DATA WHEN AN EMPLOYEE IS HIRED OR PROMOTED. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, 990 TAX DOCUMENTS, AND FINANCIAL STATEMENTS ARE PUBLISHED ON THE FOUNDATION'S WEBSITE, THE POLICY IQ SOFTWARE, OR ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). FORM 990, PART VII, SECTION A UCF HIRED A NEW CDO KAREN COCHRAN, EFFECTIVE 02/2016. SINCE SHE WAS NOT A UCF EMPLOYEE IN CALENDAR YEAR 2015, THEREFORE DID NOT RECEIVE A 2015 W-2, WHICH IS THE TAX DOCUMENT REQUIRED TO BE USED FOR EMPLOYEE COMPENSATION ON SCHEDULE J, HENCE NO COMPENSATION IS REPORTED FOR HER IN THIS SECTION. JOYCE HENCKLER WAS THE CDO OF THE FOUNDATION UP TO 10/31/2015. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE TO EITHER THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. UNIVERSITY OF CENTRAL FLORIDA REAL ESTATE FOUNDATION LLC 12424 RESEARCH PRKY STE 140 ORLANDO FL 32826 596211832 REAL ESTATE FL 34702203 N/A KNIGHTS KROSSING STUDENT HOUSING LLC 12424 RESEARCH PRKY STE 140 ORLANDO FL 32826 596211832 REAL ESTATE FL 9733000 N/A