2016-11-15T12:04:53-06:00 2015-12-31 366055558 GRANT THORNTON LLP 100 E WISCONSIN AVENUE MILWAUKEE WI 53202 990 2015-01-01 390743975 University of Wisconsin Foundation UNIV 6082634545 1848 University Avenue Madison WI 537264090 BRIDGET BUSH TREASURER 2016-11-10 true MICHELLE L WEBER P00556798 4142898200 2016-11-15 2015 2017-02-10 21:41:12Z MICHAEL M KNETTER 1848 University Avenue Madison WI 537264090 2647539495 false X WWW.SUPPORTUW.ORG X 1945 WI University of Wisconsin Foundation aids UW - Madison by soliciting gifts and bequests, administers & invests securities & property, and distributes Payments for benefit of UW-Madison. 51 48 507 51 -2372832 -2888911 388508377 543651612 1972234 3503387 153860401 119467086 585530 1254238 544926542 667876323 246727971 220615230 0 20031373 26517731 0 26364738 27759069 31158594 294518413 278291555 250408129 389584768 3283644772 3492673853 374482676 316212663 2909162096 3176461190 The University of Wisconsin foundation is the official not-for-profit fund raising corporation for the University of Wisconsin Madison (UW-Madison). it receives gifts and bequests, administers and invests securities and property, and disburses payments to and on behalf of UW-Madison for (continued from page 2 - Organization's Mission) advancement of scientific, literary, education, and athletic purposes. in addition, the university of Wisconsin foundation receives gifts and bequests, administers and invests securities and property and disburses payments to and on the behalf of several other units of the university of Wisconsin system for advancement of scientific, literary and educational purposes. false false 220615230 220615230 In accordance with the Organization's primary exempt purpose, the University of Wisconsin foundation assists by making payments to or on behalf of the University of Wisconsin. 3255148 Membership Services: Providing programs, activities, alumni learning, alumni clubs and chapters, as well as awards and recognition for approximately 40,000 members. these programs promote the University of Wisconsin. 248239 Publications: "On Wisconsin" is a quarterly publication and serves as the official University of Wisconsin alumni magazine. "Badger Insider" is a members only publication serving as the member forum. "Forward Under 40" is the Alumni Association's newest awards program, this publication recognizes prominent University of Wisconsin alumni under the age of 40 living in the Wisconsin area. 220615230 true true false false false false false false false true true true false false true true false true false false true false false false false true false true false true false false false false false false false true true true false false false true true true false false true 284 0 true 507 true true true false false false false true true true 1 false false false X 51 48 true false true false true true true true true false false true true true true true true true true false AK AR CA CO DC HI KY ME MD MA MI MN NV NH NJ NY OH OK OR SC UT WA WV WI X X BRIDGET BUSH 6083085469 1848 UNIVERSITY AVENUE MADISON WI 53726 Michael M Knetter President and CEO 60.0 0.5 X X 624671 0 109151 Paula E Bonner Chief Alumi Officer/Ex Officio 45.0 X X 277409 0 38317 Thomas J Falk Chair - Term Exp 6/2017 2.0 X X 0 0 0 Jeffery D Wiesner Vice Chair - Term Exp 6/2017 2.0 X X 0 0 0 Richard L Antoine Ex Officio - Term is Continuous 2.5 X 0 0 0 Nancy L Ballsrud Director - Term Exp 6/2017 3.0 X 0 0 0 Rajiv Batra Director - Term Exp 6/2018 0.5 X 0 0 0 John D Baumann Director - Term Exp 6/2017 1.0 X 0 0 0 Susan J Cellmer Director - Term Exp 6/2017 1.0 X 0 0 0 Jerome A Chazen Director - Term Exp 6/2017 2.5 X 0 0 0 Paul J Collins Ex Officio - Term is Continuous 1.0 X 0 0 0 Jeffrey J Diermeier Director - Term Exp 6/2017 2.0 X 0 0 0 Susan S Engeleiter Director - Term Exp 6/2017 1.0 X 0 0 0 Wade Fetzer III Ex Officio - Term is Continuous 1.0 X 0 0 0 David F Florin Director - Term Exp 6/2017 1.0 X 0 0 0 Jere D Fluno Ex Officio - Term is Continuous 1.0 X 0 0 0 Peter L Frechette Director - Term Exp 6/2017 0.5 X 0 0 0 Curtis J Fuszard Director - Term Exp 6/2017 0.5 X 0 0 0 Colleen A Goggins Director - Term Exp 6/2017 2.5 X 0 0 0 Jeffrey c Hammes Director - Term Exp 6/2017 2.0 X 0 0 0 Jon D Hammes Director - Term Exp 6/2017 1.0 X 0 0 0 Elizabeth M Harned Director - Term Exp 6/2018 1.0 X 0 0 0 Jill S Hatton Director - Term Exp 6/2017 3.0 X 0 0 0 Elzie L Higginbottom Director - Term Exp 6/2018 0.5 X 0 0 0 John P Holton Director - Term Exp 6/2017 2.0 X 0 0 0 William P Hsu Director - Term Exp 6/2017 2.0 X 0 0 0 Ted D Kellner Ex Officio - Term is Continuous 1.0 X 0 0 0 Peter S Kies Director - Term Exp 6/2017 1.0 X 0 0 0 Christopher Kozina Director - Term Exp 6/2017 0.5 X 0 0 0 Paul A Leff Director - Term Exp 6/2017 1.0 X 0 0 0 Peter A Leidel Director - Term Exp 6/2017 1.5 X 0 0 0 Thomas P Madsen Director - Term Exp 6/2017 2.0 X 0 0 0 Jane R Mandula Director - Term Exp 6/2017 2.0 X 0 0 0 Karen A Monfre Director - Term Exp 6/2017 2.0 X 0 0 0 Alice D Mortenson Director - Term Exp 6/2017 1.0 X 0 0 0 Melinda J Mount Director - Term Exp 6/2017 0.5 X 0 0 0 John S Nelson Director - Term Exp 6/2017 2.0 X 0 0 0 Cory Nettles Director - Term Exp 6/2017 1.0 X 0 0 0 John J Oros Ex Officio - Term is Continuous 1.0 X 0 0 0 Stephen R Petersen Director - Term Exp 6/2017 3.0 X 0 0 0 Linda L Procci Director - Term Exp 6/2017 2.0 X 0 0 0 Dr Frederick A Robertson Director - Term Exp 6/2017 0.5 X 0 0 0 Ricky C Sandler Director - Term Exp 6/2017 2.0 X 0 0 0 Jay R Sekelsky Director - Term Exp 6/2017 1.0 X 0 0 0 Paul S Shain Director - Term Exp 6/2017 1.0 X 0 0 0 Michael S Shannon Director - Term Exp 6/2017 2.0 X 0 0 0 Michael R Splinter Director - Term Exp 6/2017 1.5 X 0 0 0 Stephanie L Swartz Director - Term Exp 6/2017 1.0 X 0 0 0 Frances S Taylor Ex Officio - Term is Continuous 0.5 X 0 0 0 Patrick A Thiele Director - Term Exp 6/2017 1.5 X 0 0 0 Doris F Weisburg Director - Term Exp 6/2017 2.0 X 0 0 0 Julie M Van Cleave Chief Investment Officer 50.0 X 733621 0 27998 Thomas P Olson CIO - Private Markets 50.0 X 512940 0 45151 Alisa A Robertson Assistant Secretary 50.0 0.5 X 229839 0 21050 Kari P Myrland Chief Information Officer 45.0 X 197913 0 27058 Geoffrey M McCloskey Chief Financial Officer 60.0 X 176323 0 36659 Steven C Hudson Chief Financial Officer 45.0 X 158533 0 27175 Russell N Howes Assistant Treasurer 45.0 0.5 X 168769 0 24573 Scott T McKinney Chief Administrative Officer 50.0 0.5 X 154232 0 22392 Catherine M Ahrens Secretary 45.0 X 101968 0 28789 Bridget A Bush Treasurer 45.0 0.5 X 96166 0 10335 Mary M DeNiro Chief Engagement Officer 45.0 X 46985 0 7963 Kong Her Sr Dir Inv- Fixed Income 45.0 X 184829 0 16656 James P Kennedy Chief Marketing Officer 45.0 X 172856 0 34467 Marion F Brown VP of Development 45.0 X 167854 0 17901 Anne M Lucke VP & Managing Group Leader 50.0 X 160914 0 23181 Jodi K Patek Chief of Staff 50.0 X 152145 0 27958 4317967 0 546774 42 false true false Robert W Baird Co Inc 777 e wisconsin avenue suite 2700 MILWAUKEE WI 53202 investment advisor/custodian 1479392 Morgan stanley 1585 Broadway New York NY 10036 alt investment advisor 1039267 US Bank NA PO Box 7900 Madison WI 53707 investment advisor/custodian 1030129 Yorktown Partners LLC 410 park avenue 19th flr NEW YORK NY 10022 alt investment advisor 1013517 Stepstone Group 4275 Executive Square Suite 500 LaJolla CA 92037 investment consultant 884589 53 X 55000 543596612 147384423 543651612 Registration 900099 1434253 1434253 Membership Revenue 541900 736878 736878 Athletic Travel Income 900099 404806 404806 Publications 541800 248239 224720 23519 Sponsorship Income 900099 231497 231497 447714 447714 0 0 3503387 25553777 -5466872 31020649 1024098 1024098 44380 44380 0 44380 44380 2069563605 3973278 1978637581 985993 90926024 2987285 93913309 2869320 91043989 51999 22315 29684 29684 102647 17283 85364 85364 Miscellaneous 900099 70712 70712 0 0 0 0 70712 667876323 3255148 -2372832 123342395 220615230 220615230 3905983 2952955 953028 17662813 5770225 11892588 1331420 725028 606392 2137906 798304 1339602 1479609 927138 552471 216542 79631 136911 188627 183891 4736 9587442 9587442 4804592 0 2268187 2536405 880736 1803 878933 1316006 440633 875373 1993680 888565 1105115 928755 415073 513682 899082 365956 533126 346132 177451 168681 89829 89829 1728264 693299 1034965 497586 238599 258987 Bad Debt Expense 3713432 3713432 Alumni Events 2499782 2499782 Income Tax Liability 308153 308153 Credit Card Usage Fees 283774 283774 876180 0 402219 473961 278291555 220615230 31311587 26364738 400 400 956664822 258842208 67049969 192092654 12096158 41977689 0 0 1169804 1082170 1554015 1674044 28968484 8244655 17437128 20723829 1686812403 2469100094 525933965 492403040 0 14926108 14777725 3283644772 3492673853 8291378 34910797 888453 136533 0 2878218 365302845 278287115 374482676 316212663 X 228830607 197494864 1398302164 1464488384 1282029325 1514477942 2909162096 3176461190 3283644772 3492673853 X 389584768 -121841220 -444454 X false true X true false X 197541841 211242673 266773753 388508377 543651612 1607718256 0 0 197541841 211242673 266773753 388508377 543651612 1607718256 451194849 1156523407 24330580 28098234 33812554 41049808 32089127 159380303 0 0 103805 120376 38939 225358 488478 1767587037 5152316 0.6543 0.6678 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GAMING ACTIVITY, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 38939.0, COLUMN E - 51999.0, COLUMN F - 90938.0; DESCRIPTION - INVENTORY SALES, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 102647.0, COLUMN F - 102647.0; DESCRIPTION - MISCELLANEOUS REVNUE, COLUMN A - , COLUMN B - 103805.0, COLUMN C - 120376.0, COLUMN D - , COLUMN E - 70712.0, COLUMN F - 294893.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1661118411 168905586 -23968864 -8810549 1814865682 1555980597 84185170 68320858 47368214 1661118411 1380851767 44274718 179220591 48366479 1555980597 979721429 24271427 122517831 -304936665 50595585 1380851767 1022570168 35834472 -41848815 36834396 979721429 0.0 0.8229 0.1771 false false 502530 502530 12313026 5181667 7131359 624261 482626 141635 14731814 2580362 12151452 796853 796853 20723829 Limited Partnerships 322560367 F Real Asset Funds 167572875 F Other Funds 2269798 F 492403040 Deferred Compensation 2260880 Accrued Social Security Liability Under Split Interest 43884223 Funds Due to Other Organizations 2062879 Benefit of U.W. - Hospital & Clinic 194532835 Benefit of U.W. - Stevens Point Fdn 27663805 Benefit of U.W. - Stout Fdn 1368831 Benefit of U.W. - Green Bay Fdn 6511513 Benefit of WIAC 2149 278287115 X Schedule D, Part V, Line 4 Intended uses of endowment funds The Foundation's endowment consisted of 3,726 and 3,513 individual funds at December 31, 2015 and 2014, respectively. These funds were established for a variety of purposes related to the organization's exempt purpose. As required by GAAP, net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions and on state law. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote ORGA NIZATION 'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740: The Foundation has received a determination letter from the Internal Revenue Service stating that it is exempt from federal income tax under section 501(c)(3) of the internal revenue code ("IRC "). However, the foundation is subject to federal and state income taxes on its unrelated business s income, as a result of ownership in various investment entities. The foundation 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 statement is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The foundation applied the uncertain tax position guidance to all tax positions for which the statute of limitations remained open. The foundation is subject to federal income taxes and files state tax returns in various states. In addition to filing in its home state of Wisconsin, the foundation files state income tax returns in thirty-eight states. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant Judgment to apply. Tax years open to Examination by tax authorities under federal statute of limitations include calendar years 2012 through 2015. Open tax years under the various state statutes of limitations include calendar years 2009 to 2015. For states where the foundation has not filed a state return, all tax years remain open. The foundation, if applicable, recognizes interest accrued related to unrecognized ta x benefits in interest expense and recognizes penalties in operating expenses. During the years ended December 31, 2015 and 2014, the foundation did not recognize any material interest or penalties. Central America and the Caribbean 0 0 Investments Europe (Including Iceland and Greenland) 0 0 Investments Sub-Saharan Africa 0 0 Investments 0 0 0 0 0 0 0 0 0 true false false true true false Schedule F, Part I, Line 3(f) Activities per Region: Due to the extent and indirect tiered partnership structure of the Foundation's investments, total expenditures and investment information is not readily available. The Foundation monitors investments for Form 926 and Form 8865 filing requirements and files applicable returns as needed which are submitted with the organization's Form 990-T. 51999 10415 11900 false 51999 10415 11900 WI true false true false 1.0 Bridget Bush 1848 University Avenue Madison WI 53726 false Bridget Bush 0 Oversees student organization raffle X false 0 true UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 198963592 See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 20840000 Appraisal Artwork See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 312250 Appraisal Artwork See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 150100 Appraisal Books See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 70000 Appraisal Artwork See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 50000 Appraisal Artwork See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 42312 Appraisal Artwork See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 42000 Fair Mkt Value Medical Equipment See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 37000 Appraisal Artwork See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 12000 Appraisal Grand Piano See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 10100 Appraisal Artwork See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 10000 Appraisal Artwork See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 9600 Appraisal Artwork See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 6366 Appraisal Books See Sch I, Part IV UNIVERSITY OF WISCONSIN 21 N Park St Madison WI 53715 396006492 State of Wis 5127 Fair Mkt Value Event Hosting See Sch I, Part IV 1 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE UNIVERSITY OF WISCONSIN FOUNDATION AIDS THE UNIVERSITY OF WISCONSIN BY SOLICITING GIFTS OF REAL AND PERSONAL PROPERTY WHICH IT COLLECTS, ADMINISTERS AND DISTRIBUTES FOR THE BENEFIT OF THE UNIVERSITY OF WISCONSIN IN ADVANCING ITS SCIENTIFIC, LITERARY, ATHLETIC AND EDUCATIONAL PURPOSES. THERE IS NO FURTHER MONITORING OF THE USE OF GRANT FUNDS FOLLOWING DISBURSEMENT TO THE UNIVERSITY OF WISCONSIN. X true true X X X false true false false false false false true false Michael M Knetter President and CEO 503290 0 108000 0 13381 0 90500 0 18651 0 733822 0 0 0 Paula E Bonner Chief Alumi Officer/Ex Officio 275429 0 0 0 1980 0 25752 0 12565 0 315726 0 0 0 Julie M Van Cleave Chief Investment Officer 519831 0 212500 0 1290 0 26500 0 1498 0 761619 0 0 0 Thomas P Olson CIO - Private Markets 380510 0 131740 0 690 0 26500 0 18651 0 558091 0 0 0 Alisa A Robertson Assistant Secretary 195947 0 33592 0 300 0 19552 0 1498 0 250889 0 0 0 Kari P Myrland Chief Information Officer 196623 0 0 0 1290 0 20027 0 7031 0 224971 0 0 0 Geoffrey M McCloskey Chief Financial Officer 175642 0 0 0 681 0 18097 0 18562 0 212982 0 0 0 Steven C Hudson Chief Financial Officer 157391 0 0 0 1142 0 16065 0 11110 0 185708 0 0 0 Russell N Howes Assistant Treasurer 166571 0 0 0 2198 0 16979 0 7594 0 193342 0 0 0 Scott T McKinney Chief Administrative Officer 153936 0 0 0 296 0 15569 0 6823 0 176624 0 0 0 Kong Her Sr Dir Inv- Fixed Income 182275 0 0 0 2554 0 860 0 15796 0 201485 0 0 0 James P Kennedy Chief Marketing Officer 172406 0 0 0 450 0 15750 0 18717 0 207323 0 0 0 Marion F Brown VP of Development 164044 0 0 0 3810 0 16562 0 1339 0 185755 0 0 0 Anne M Lucke VP & Managing Group Leader 160224 0 0 0 690 0 16272 0 6909 0 184095 0 0 0 Jodi K Patek Chief of Staff 151696 0 0 0 449 0 15499 0 12459 0 180103 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE PERSONAL USE PORTION OF MICHAEL M KNETTER'S COUNTRY CLUB MEMBERSHIP WAS INCLUDED IN HIS FORM W-2. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: MICHAEL KNETTER PARTICIPATES IN A 457 (B) AND 457 (F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN OF THE UNIVERSITY OF WISCONSIN FOUNDATION. THE UNIVERSITY OF WISCONSIN FOUNDATION CONTRIBUTED $18,000 AND $55,500 RESPECTIVELY TO THESE PLAN DURING 2015. Schedule J, Part I, Line 7 Non-fixed payments Non-fixed payments not described in lines 5 & 6: BEGINNING WITH CALENDAR YEAR 2007, THE INVESTMENT COMMITTEE OF THE UNIVERSITY OF WISCONSIN FOUNDATION BOARD INSTITUTED AN INCENTIVE COMPENSATION PLAN FOR SELECTED PARTICIPANTS OF THE UW FOUNDATION INVESTMENT MANAGMENT GROUP. THE BOARD OF DIRECTORS AND THE PRESIDENT OF THE UNIVERSITY OF WISCONSIN FOUNDATION APPROVED THE ESTABLISHMENT OF THE PLAN WHICH IS DETAILED BELOW: PARTICIPANTS: CHIEF INVESTMENT OFFICER, SENIOR DIRECTORS OF INVESTMENTS, AND OTHERS RECOMMENDED BY THE PRESIDENT AND CEO AND APPROVED BY THE INVESTMENT COMMITTEE AND BUDGET AND PERSONNEL COMPENSATION SUBCOMMITTEE. INCENTIVE COMPENSATION: PARTICIPANTS ARE ELIGIBLE FOR AWARDS RANGING FROM ZERO TO 50% OF THEIR ANNUAL BASE CASH COMPENSATION EARNED IN THE FISCAL YEAR UNDER REVIEW. THE PRESIDENT AND CEO, IN CONSULTATION WITH THE CHAIR OF THE INVESTMENT COMMITTEE, RECOMMENDS APPROPRIATE PERCENTAGE AWARDS BASED UPON A RETROSPECTIVE ASSESSMENT OF PERFORMANCE AGAINST GOALS ON A SET OF WEIGHTED FACTORS CUSTOMIZED FOR EACH ELIGIBLE EMPLOYEE. THE ASSESSMENTS ARE COMPLETED AS DATA BECOMES AVAILABLE FOR THE PRIOR FISCAL YEAR, TYPICALLY DURING THE MONTH OF FEBRUARY, AND ARE SUBSEQUENTLY PRESENTED TO THE BUDGET AND PERSONNEL COMPENSATION SUBCOMMITTEE FOR APPROVAL. INCENTIVE COMPENSATION AWARDED UNDER THIS PLAN WILL NOT TRIGGER ADDITIONAL CONTRIBUTIONS TO THE FOUNDATION'S DEFINED CONTRIBUTION 401(k) PLAN. FACTORS TO CONSIDER: IN DETERMINING THE PERCENTAGE OF SALARY TO BE AWARDED, EACH ELIGIBLE PARTICIPANT WILL BE EVALUATED ON INVESTMENT RETURN RESULTS AS WELL AS NON-FINANCIAL FACTORS RELATED TO HIS/HER PERFORMANCE. THE SPECIFIC FACTORS, COMPARISONS, TIMEFRAMES AND WEIGHTINGS WILL BE DETERMINED BY THE INVESTMENT COMMITTEE CHAIR, IN CONSULTATION WITH THE PRESIDENT AND CEO, BASED ON EACH INDIVIDUAL PARTICIPANT'S ROLE, LENGTH OF SERVICE, ASSET CLASS RESPONSIBILITY AND OTHER RELEVANT FACTORS. THESE PERSONALIZED PERFORMANCE MEASURES WILL BE DOCUMENTED IN MATRICES, AND APPROVED BY THE BUDGET AND PERSONNEL COMPENSATION SUBCOMMITTEE FOR EACH PARTICIPANT PRIOR TO THE BEGINNING OF THE FISCAL YEAR TO BE MEASURED. METHOD OF PAYMENT: PAYMENTS WILL BE AWARDED AS CASH OR DEFERRED COMPENSATION, THE LATTER SUBJECT TO APPROPRIATE IRS AND SEC REGULATIONS. PARTICIPANTS MAY SELECT THE FORM OF COMPENSATION IN INCREMENTS OF 25%. Robert W Baird Co Inc Director on the board 1479392 Investment Management Fees false Schedule L, Part IV Line 1 Business Transaction Involving Interested Person The UW Foundation paid Robert W Baird & Co, Inc . $1,479,392 for investing management Cory Nettles, a UW Foundation director, is a director at Robert W Baird & Co, Inc. X 27 21414140 Opinions of experts X 161266 Opinions of experts X 458 124781564 Other X 3 254312 Other X 2 721500 Opinions of experts X Life Insurance Policies 2 40000 Other X Event Hosting 14 10184 Other X Weaving Wool 1 750 Other X Antique Powder Boxes 1 549 Other X Miscellaneous Items 10 158 Other 102 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions Third Parties and Non-cash contributions the University of Wisconsin Foundation hires real estate agents (at arm's length), as necessary, to sell real estate that is not transferred to the University of Wisconsin. Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art: The organization is reporting number of contributions. Books and publications: The organization is reporting number of contributions. Securities - Publicly traded: The organization is reporting number of contributions. Securities - Closely held stock: The organization is reporting number of contributions. Real estate - Residential: The organization is reporting number of contributions. Other: The organization is reporting number of contributions. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Susan S Engeleiter and Michael S Shannon - Family relationship, Paul S Shain and Ted Kellner - Business relationship, Paul S Shain, Ted D Kellner, and Michael M Knetter - Business relationship, Jane Mandula and Michael Splinter - Business relationship Form 990, Part VI, Line 4 Significant changes to organizational documents Changes to Bylaws on October 30, 2015 removing organization members/membership. Form 990, Part VI, Line 6 Classes of members or stockholders The following was removed from bylaws as of October 30, 2015: ORGANIZATION MEMBERS: ACCORDING TO UNIVERSITY OF WISCONSIN FOUNDATION BYLAWS, ARTICLE II - MEMBERS : "2.01 NUMBER THE CORPORATION SHALL HAVE AT LEAST ON HUNDRED (100) MEMBERS AND NO MORE THAN FIVE HUNDRED (500) MEMBERS, THE EXACT NUMBER TO BE DETERMINED FROM TIME TO TIME BY THE NUMBER OF PERSONS ELECTED TO MEMBERSHIP " "2.02 QUALIFICATIONS MEMBERS SHALL BE NATURAL PERSONS MEMBERSHIP SHALL BE PERSONAL TO A MEMBER AND NO MEMBERSHIP OR RIGHTS OF A MEMBER SHALL BE ASSIGNED OR TRANSFERRED IN ANY MANNER IT SHALL NOT BE A CONDITION OF MEMBERSHIP THAT A PERSON SHALL HAVE BEEN A GRADUATE OR STUDENT OR FORMER STUDENT OF A UNIVERSITY OR COLLEGE, OR SHALL HAVE FIELD ANY OFFICE, POSITION OR MEMBERSHIP IN ANY OTHER ORGANIZATION, PUBLIC OR PRIVATE." Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The following was removed from bylaws as of October 30, 2015: MEMBERS MAY ELECT ONE OR MORE MEMBERS OF GOVERNING BODY: ACCORDING TO UNIVERSITY OF WISCONSIN FOUNDATION BYLAWS, ARTICLE II: "2.09 NOTICE OF MEETING: WRITTEN NOTICE STATING THE DATE, TIME, AND PLACE OF THE MEETING AND, IN THE CASE OF A SPECIAL MEETING, THE PURPOSE OR PURPOSES FOR WHICH THE MEETING IS CALLED, SHALL BE GIVEN NOT LESS THAN FIVE (5) DAYS NOR MORE THAN FIFTY (50) DAYS BEFORE SUCH MEETING BY OR AT THE DIRECTION OF THE CHAIR, IF THE CHAIR CALLED THE MEETING AT THE REQUEST OF MEMBERS, TO EACH MEMBER ENTITLED TO VOTE AT SUCH MEETING NOTICE MAY BE GIVEN IN PERSON OR BY ANY RELIABLE MEANS OF COMMUNICATION PERMITTED BY WISCONSIN STATUTES, INCLUDING E-MAIL, FACSIMILE TRANSMISSION OR CONVENTIONAL MAIL IF MAILED, SUCH NOTICE SHALL BE DEEMED TO BE DELIVERED WHEN DEPOSITED IN THE UNITED STATES MAIL, ADDRESSED TO THE MEMBER AT HIS/HER ADDRESS AS IT APPEARS IN THE RECORDS OF THE CORPORATION WITH POSTAGE THEREON PREPAID." "2.10 QUORUM: TWENTY PERCENT (20%) OF THE MEMBERS IF A QUORUM IS PRESENT, THE AFFIRMATIVE VOTE OF THE MAJORITY OF THE MEMBERS REPRESENTED AT THE MEETING AND ENTITLED TO VOTE ON THE SUBJECT MATTER SHALL BE THE ACT OF THE MEMBER UNLESS THE VOTE OF A GREATER NUMBER IS REQUIRED BY LAW THOUGH LESS THAN A QUORUM OF THE MEMBERS REPRESENTED AT A MEETING, A MAJORITY OF THE MEMBERS SO REPRESENTED MAY ADJOURN THE MEETING FROM TIME WITHOUT FURTHER NOTICE AT SUCH ADJOURNED MEETING AT WHICH A QUORUM SHALL BE PRESENT OR REPRESENTED, ANY BUSINESS MAY BE TRANSACTED WHICH MIGHT HAVE BEEN TRANSACTED AT THE MEETING AS ORIGIONALL NOTIFIED." "2.12 VOTING OF MEMBERS: EACH MEMBER SHALL BE ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS THE AFFIRMIATIVE VOTE OF A MAJORITY OF THE VOTES ENTITLED TO BE CAST BY MEMBERS PRESENT, INPERSON OR BY PROXY, AT A MEETING AT WHICH A QUORUM IS PRESENT SHALL BE THE ACT OF THE MEMBERS, UNLESS A GREATER NUMBER OF VOTES IS REQUIRED BY LAW, THE ARTICLES OF INCORPORATION OR THE BYLAWS." Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The following was removed from bylaws as of October 30, 2015: ACCORDING TO UNIVERSITY OF WISCONSIN FOUNDATION BY LAWS, ARTICLE VII: "8.01 BY MEMBERS: THESE BY-LAWS MAY BE ALTERED, AMENDED OR REPEALED AND NEW BY-LAWS MAY BE ADOPTED BY THE MEMBERS BY AFFIRMATIVE VOTE OF NOT LESS THAN A MAJORITY OF THE VOTES ENTITLED TO BE CAST BY THE MEMBERS PRESENT IN PERSON OR REPRESENTED BY PROXY AT A MEETING OF MEMBERS AT WHICH QUORUM IS PRESET, UNLESS A GREATER VOTE IS REQUIRED BY LAW, THE ARTICLES OF INCORPORATION , OR THESE BYLAWS." Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY THE FILING ORGANIZATION'S SENIOR DIRECTOR OF TAX. THE DRAFT RETURN IS REVIEWED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. THE RETURN IS ALSO REVIEWED BY THE CHIEF FINANCIAL OFFICER AND BY THE AUDIT COMMITTEE OF THE UNIVERSITY OF WISCONSIN FOUNDATION PRIOR TO FILING. THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING THE RETURN. Form 990, Part VI, Line 12c Conflict of interest policy ORGANIZATION MONITORS AND ENFORCES CONFLICT OF INTEREST POLICY: ALL OFFICERS, DIRECTORS, KEY EMPLOYEES, AND EMPLOYEES OF THE UNIVERSITY OF WISCONSIN FOUNDATION ARE COVERED UNDER THE FOUNDATIONS CONFLICT OF INTEREST POLICY. OFFICERS, DIRECTORS, KEY EMPLOYEES, AND EMPLOYEES ARE TO DISCLOSE INTERESTS THAT MAY LEAD TO A CONFLICT. OFFICERS, DIRECTORS, AND KEY EMPLOYEES COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE INTERESTED PARTY MUST FULLY DISCLOSE ANY POTENTIAL CONFLICTS AND COMPLETELY RECUSE HIM/HERSELF FROM DISCUSSION AND ANY RELATED VOTE. Form 990, Part VI, Line 15a Process to establish compensation of top management official PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT: ANNUALLY THE COMPENSATION SUBCOMMITTEE OF THE BUDGET AND PERSONNEL COMMITTEE MEETS TO: 1) DETERMINE AND APPROVE THE PRESIDENT'S PAY, AND 2) REVIEW AND APPROVE THE PAY RECOMMENDATIONS MADE BY THE PRESIDENT FOR ALL OTHER OFFICERS. THE COMPENSATION SUBCOMMITTEE IS COMPOSED OF THE FOLLOWING MEMBERS OF THE BOARD: CHAIRMAN, VICE CHAIR BUDGET AND PERSONNEL COMMITTEE CHAIR, AND SELECT OTHER BOARD MEMBERS. THE SUBCOMMITTEE REVIEWS SALARY SURVEYS ADMINISTERED BY PROFESSIONAL COMPENSATION CONSULTANTS THAT INCLUDE BIG TEN, BIG 12 AND OTHER UNIVERSITY FOUNDATIONS AND DEVELOPEMENT DEPARTMENTS. THE SUBCOMMITTEE USES THIS MARKET DATE IN CONJUNCTION WITH INDIVIDUAL JOB PERFORMANCE AND THE FOUNDATIONS COMPENSATION PHILOSOPHY TO BE COMPETITIVE ON A NATIONAL BASIS FOR SIMILAR JOBS IN SIMILAR ORGANIZATIONS AS A BASIS FOR REVIEWING AND APPROVING ANY RECOMMENDATIONS. ACTIONS TAKEN ARE REFLECTED IN THE MINUTES OF EACH COMMITTEE MEETING MINUTES ARE DISTRIBUTED, REVIEWED, AND OFFICIALLY APPROVED AT SUBSEQUENT MEETINGS. Form 990, Part VI, Line 19 Required documents available to the public THE FOLLOWING DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AT: SUPPORTUW.ORG/ABOUT-US/TAX-LEGAL/ -RESTATED ARTICLES OF INCORPORATION -BY-LAWS -FORM 1023 APPLICATION FOR EXEMPTION -IRS TAX DETERMINATION LETTER -AUDITED FINANCIAL STATEMENTS - ANNUAL REPORTS -FORM 990 -FORM 990-T THE CONFLICT OF THE INTEREST POLICY IS AVAILABLE UPON REQUEST. Form 990, Part VIII, Line 2f Other Program Service Revenue Travel/Tour Commission - Total Revenue: 224358, Related or Exempt Function Revenue: 224358, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Membership Insurance - Total Revenue: 223356, Related or Exempt Function Revenue: 223356, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Miscellaneous Adjustment - -28000; WAA Service Corporation Liquidation / Equity Adjustment - -416454; FORM 990, PART V, LINES 4A & 4B FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES: THE ORGANIZATION HAS EVALUATED ITS FOREIGN OFFSHORE INVESTMENT FUND HOLDINGS BASED ON RECENT IRS GUIDANCE AND IS NOT SUBJECT TO THE FILING OF FORM TD F 90-22.1 TO REPORT ITS INTERESTS IN FOREIGN FINANCIAL ACCOUNTS. THESE ACCOUNTS ARE FOREIGN OFFSHORE INVESTMENT FUND HOLDINGS AND DO NOT MEET THE DEFINITION OF FOREIGN MUTUAL FUNDS REQUIRING DISCLOSURE. UW-MADISON SUPPORTING ORGANIZATION INC 1848 UNIVERSITY AVENUE MADISON WI 53726 391947636 SUPPORT ORG WI 501(c)(3 UNIV WI FNTN true THE EVJUE FOUNDATION INC PO BOX 8060 MADISON WI 53708 396073981 SUPPORT ORG WI 501(c)(3 NA false TERRY FAMILY FOUNDATION INC 6048 S HIGHLANDS AVE MADISON WI 53705 391831024 SUPPORT ORG WI 501(c)(3 NA false CHARITABLE REMAINDER UNITRUST - 118 participants 1848 UNIVERSITY AVE MADISON WI 53726 TRUST WI UW FOUNDATION Trust CHARITABLE REMAINDER ANNUITY TRUST - 11 participants 1848 UNIVERSITY AVE MADISON WI 53726 TRUST WI UW FOUNDATION Trust POOLED INCOME FUND A - 18 participants 1848 UNIVERSITY AVE MADISON WI 53726 POOLED FUND WI UW FOUNDATION Trust POOLED INCOME FUND B - 7 participants 1848 UNIVERSITY AVE MADISON WI 53726 POOLED FUND WI UW FOUNDATION Trust POOLED INCOME FUND D - 3 participants 1848 UNIVERSITY AVE MADISON WI 53726 POOLED FUND WI UW FOUNDATION Trust false true true false false false false false false false false false true true false false false false UW-Madison Supporting Organization Inc C 55000 cash value Charitable Remainder Unitrusts - 3 residual gift values paid out to UWF due to participant deaths S 527139 cash value POOLED INCOME FUND A - Charitable Remainder Unitrusts - 3 residual gift val ues paid out to UWF due to participant deaths S 92982 CASH VALUE Schedule R, Part V, Line 1m Line 1m and 1n: TRANSACTIONS WITH RELATED ORGANIZATIONS THE UNIVERSITY OF WISCONSIN FOUNDATION SHARES FACILITIES, EQUIPMENT, AND PAID EMPLOYEES WITH THE UNIVERSITY OF WISCONSIN MADISON SUPPORTING ORGANIZATION; HOWEVER, THE EXACT DOLLAR AMOUNT OF SUPPORT PROVIDED IS NOT READILY DETERMINABLE.