UNIVERSITY OF MASSACHUSETTS FOUNDATION INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF MASSACHUSETTS FOUNDATION INC (EIN 04-6013152)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-03-30
- IRS object ID
- 201600909349300815
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-03-30T15:20:28-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 CITY SQUARE | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021293742 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 046013152 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MASSACHUSETTS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 6172875590 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BEACON STREET 31ST FLR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021083106 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES J PAGNAM | PersonNm |
| Person Title | EXECUTIVE VICE PRESIDENT | PersonTitleTxt |
| Phone | 6172875590 | PhoneNum |
| Signature | 2016-03-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LYNNE JOHNSON | PreparerPersonNm |
| PTIN | P00757336 | PTIN |
| Phone | 6179129000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | MARTIN T MEEHAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BEACON STREET 31ST FLR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021083106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $138,307,285 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.UMASSP.EDU/FOUNDATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1950 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF THE UNIVERSITY OF MASSACHUSETTS FOUNDATION, INC. IS TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF THE UNIVERSITY OF MASSACHUSETTS AS STATED IN THE ORIGINAL 1950 ARTICLES OF ORGANIZATION. THE FOUNDATION RECEIVES, INVESTS AND DISBURSES PRIVATE GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF MASSACHUSETTS AND ITS EDUCATIONAL MISSION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 40 | TotalVolunteersCnt |
| Total Gross UBI | $129,873 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $128,873 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $24,936,176 | PYContributionsGrantsAmt |
| CY Contributions Grants | $30,424,916 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $10,551,046 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,642,845 | CYInvestmentIncomeAmt |
| PY Other Revenue | $9,084,386 | PYOtherRevenueAmt |
| CY Other Revenue | $9,758,958 | CYOtherRevenueAmt |
| PY Total Revenue | $44,571,608 | PYTotalRevenueAmt |
| CY Total Revenue | $55,826,719 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $11,760,568 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $12,942,071 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $307,406 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $397,708 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $10,154,268 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,991,680 | PYOtherExpensesAmt |
| CY Other Expenses | $11,755,398 | CYOtherExpensesAmt |
| PY Total Expenses | $17,059,654 | PYTotalExpensesAmt |
| CY Total Expenses | $25,095,177 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $27,511,954 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $30,731,542 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $460,140,697 | TotalAssetsBOYAmt |
| Total Assets EOY | $473,965,653 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,009,460 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,573,892 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $455,131,237 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $468,391,761 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF THE UNIVERSITY OF MASSACHUSETTS AS STATED IN THE ORIGINAL 1950 ARTICLES OF ORGANIZATION. TO INVEST PRIVATE SUPPORT FOR THE BENEFIT OF THE UNIVERSITY OF MASSACHUSETTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,465,459 | ExpenseAmt |
| Grant | $12,942,071 | GrantAmt |
| Revenue | $10,391,986 | RevenueAmt |
| Desc | THE UNIVERSITY OF MASSACHUSETTS FOUNDATION, INC. INVESTS FUNDS FOR THE BENEFIT OF THE UNIVERSITY OF MASSACHUSETTS INCLUDING, BUT NOT LIMITED TO, SUPPORT OF THE SCHOLARSHIP AND EDUCATION PROGRAMS AND GENERAL PROGRAM SERVICES EXPENDITURES. | Desc |
| Total Program Service Expenses | $13,465,459 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JUDITH A MURPHY | PersonNm |
| Phone | 7744557185 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 SOUTH STREET 4TH FLOOR | AddressLine1Txt |
| City | SHREWSBURY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01545 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ROBERT L CARET | |||||||
| PRESIDENT/DIRECTOR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES P PAPPAS | |||||||
| SECRETARY/DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| EDWARD H D'ALELIO | |||||||
| TREASURER/DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RICHARD V AGHABABIAN MD | |||||||
| DIRECTOR (UNTIL OCT. 2014) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DOUGLAS CLIGGOTT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN A COLLINS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH C DAY | |||||||
| DIRECTOR (UNTIL DEC. 2014) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN R DUNNE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL E FEDER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STANLEY L FUNG | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIA D FURMAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WARREN J ISABELLE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN D KATTAR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK A MARINELLA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| R NORMAN PETERS ESQ | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY L REED | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT R REITANO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW T RUDD | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KARL E WHITE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROY J ZUCKERBERG | |||||||
| DIRECTOR (UNTIL DEC. 2014) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL F COLLINS MD | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHEW C DONAHUE ESQ | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA C FLAHERTY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DIVINA GROSSMAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES R JULIAN JR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN T MEEHAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| J KEITH MOTLEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KUMBLE R SUBBASWAMY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HENRY M THOMAS III | |||||||
| DIRECTOR (UNTIL JAN. 2015) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE M WILDA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VICTOR WOOLRIDGE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES J PAGNAM | |||||||
| EXECUTIVE VICE PRESIDENT | 20.00 | Yes (X) | $183,008 | $0 | $53,388 | ||
| ROBERT M GOODHUE ESQ | |||||||
| CHIEF OPERATING OFFICER/GENERAL COUNSE | 40.00 | Yes (X) | $218,315 | $0 | $62,325 | ||
| SANDY FISHER | |||||||
| DEPUTY COO/DIR., ADVANCEMENT SYSTEMS | 40.00 | Yes (X) | $125,711 | $0 | $36,240 | ||
| JUDITH A MURPHY | |||||||
| ASSOC. VICE PRESIDENT/CONTROLLER | 40.00 | Yes (X) | $168,777 | $0 | $48,392 | ||
| MARY ELLEN YATES | |||||||
| DIR. OF SCHOLARSHIPS & SPEC. EVENTS | 40.00 | $104,976 | $0 | $10,498 | Yes (X) | ||
| DANIEL SWARTZ | |||||||
| ADVANCEMENT SYSTEMS ASSOCIATE | 40.00 | $110,001 | $0 | $31,806 | Yes (X) | ||
| SUSAN DAVIS | |||||||
| SENIOR FOUNDATION ASSOCIATE | 40.00 | $103,138 | $0 | $10,314 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,013,926 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $252,963 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ELLUCIAN COMPANY LP | |||||
| 4375 FAIR LAKES CT | FAIRFAX | VA | 22033 | IT CONSULTANTS | $2,101,925 |
| LIPMAN HEARNE INC | |||||
| 200 S MICHIGAN AVE 16TH FLOOR | CHICAGO | IL | 60604 | MEDIA/ADVERTISING | $310,209 |
| IMODULES SOFTWARE INC | |||||
| 5101 COLLEGE BLVD | LEAWOOD | KS | 66211 | FUNDRAISING SOFTWARE SUP. | $105,100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $24,200 | FundraisingAmt |
| Government Grants | $421,776 | GovernmentGrantsAmt |
| All Other Contributions | $29,978,940 | AllOtherContributionsAmt |
| Noncash Contributions | $1,468,944 | NoncashContributionsAmt |
| Total Contributions | $30,424,916 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $808,236 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $129,873 | UnrelatedBusinessRevenueAmt |
| Exclusion | $678,363 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $97,144,718 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $82,310,109 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,834,609 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,834,609 | TotalRevenueColumnAmt |
| Exclusion | $14,834,609 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $45,560 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $24,200 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $170,457 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$124,897 | TotalRevenueColumnAmt |
| Exclusion | -$124,897 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT | 561000 | $10,247,081 | $10,247,081 |
| PRIOR YEAR UNSPENT INC | 900099 | $62,000 | $62,000 |
| CHANGE IN VALUE SPLIT | 561000 | -$508,131 | -$508,131 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $82,905 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $82,905 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,883,855 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,826,719 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,883,855 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $129,873 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,388,075 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,942,071 | TotalAmt |
| Program Services | $12,942,071 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $320,155 | TotalAmt |
| Program Services | $64,031 | ProgramServicesAmt |
| Management And General | $256,124 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,771 | TotalAmt |
| Program Services | $7,954 | ProgramServicesAmt |
| Management And General | $31,817 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,782 | TotalAmt |
| Program Services | $7,556 | ProgramServicesAmt |
| Management And General | $30,226 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,012 | TotalAmt |
| Program Services | $45,753 | ProgramServicesAmt |
| Management And General | $109,807 | ManagementAndGeneralAmt |
| Fundraising | $27,452 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $754,598 | TotalAmt |
| Program Services | $150,920 | ProgramServicesAmt |
| Management And General | $603,678 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,867 | TotalAmt |
| Management And General | $224,867 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,218,644 | TotalAmt |
| Fundraising | $1,218,644 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,470,098 | TotalAmt |
| Fundraising | $5,470,098 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,316 | TotalAmt |
| Program Services | $12,263 | ProgramServicesAmt |
| Management And General | $49,053 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,681,249 | TotalAmt |
| Management And General | $2,538 | ManagementAndGeneralAmt |
| Fundraising | $2,678,711 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,145 | TotalAmt |
| Program Services | $19,229 | ProgramServicesAmt |
| Management And General | $76,916 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,761 | TotalAmt |
| Program Services | $5,752 | ProgramServicesAmt |
| Management And General | $23,009 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,280 | TotalAmt |
| Program Services | $8,856 | ProgramServicesAmt |
| Management And General | $35,424 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $201,074 | TotalAmt |
| Program Services | $201,074 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,991 | TotalAmt |
| Management And General | $31,991 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt |
|---|---|---|
| DEVELOPMENT ENHANCEMENT | $562,536 | $562,536 |
| OTHER FUNDRAISING EXP. | $196,827 | $196,827 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,095,177 | TotalAmt |
| Program Services | $13,465,459 | ProgramServicesAmt |
| Management And General | $1,475,450 | ManagementAndGeneralAmt |
| Fundraising | $10,154,268 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,360 | BOYAmt |
| EOY | $135,332 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,179,214 | BOYAmt |
| EOY | $22,997,283 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,531,974 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,238,990 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,477,972 | BOYAmt |
| EOY | $8,292,984 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $265,400,599 | BOYAmt |
| EOY | $279,199,967 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,924,552 | BOYAmt |
| EOY | $163,340,087 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $460,140,697 | BOYAmt |
| EOY | $473,965,653 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,861 | BOYAmt |
| EOY | $681,836 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,372,788 | BOYAmt |
| EOY | $1,387,454 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,482,811 | BOYAmt |
| EOY | $3,504,602 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,009,460 | BOYAmt |
| EOY | $5,573,892 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,143,436 | BOYAmt |
| EOY | $30,039,285 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,433,951 | BOYAmt |
| EOY | $86,684,131 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,553,850 | BOYAmt |
| EOY | $351,668,345 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $455,131,237 | BOYAmt |
| EOY | $468,391,761 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $460,140,697 | BOYAmt |
| EOY | $473,965,653 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $30,731,542 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$18,844,228 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $2,873,210 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$1,500,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,125,057 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,104,638 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,055,603 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,936,176 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,424,916 | CurrentTaxYearAmt |
| Total | $127,646,390 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,125,057 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,104,638 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,055,603 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,936,176 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,424,916 | CurrentTaxYearAmt |
| Total | $127,646,390 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $8,553,589 | SubstantialContributorsTotAmt |
| Public Support Total170 | $119,092,801 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,388,439 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,194,427 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $950,927 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $799,157 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $808,236 | CurrentTaxYearAmt |
| Total | $8,141,186 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,001 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $76,379 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $26,410 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $68,725 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $45,560 | CurrentTaxYearAmt |
| Total | $264,075 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $136,051,651 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $42,880,139 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87530 | PublicSupportCY170Pct |
| Public Support PY170 | 0.87800 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Beginning Balance | $657,021,480 | BeginningBalanceAmt |
| Additions During Year | $16,665,662 | AdditionsDuringYearAmt |
| Distributions During Year | $18,847,813 | DistributionsDuringYearAmt |
| Ending Balance | $654,839,329 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | 0 | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $397,944,973 | BeginningYearBalanceAmt |
| Contributions | $22,965,041 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,157,056 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $11,918,160 | GrantsOrScholarshipsAmt |
| Other Expenditures | $82,863 | OtherExpendituresAmt |
| Administrative Expenses | -$1,173,390 | AdministrativeExpensesAmt |
| End Year Balance | $406,925,325 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $340,240,491 | BeginningYearBalanceAmt |
| Contributions | $23,633,160 | ContributionsAmt |
| Investment Earnings Or Losses | $43,278,294 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,495,222 | GrantsOrScholarshipsAmt |
| Other Expenditures | $489,746 | OtherExpendituresAmt |
| Administrative Expenses | -$1,777,996 | AdministrativeExpensesAmt |
| End Year Balance | $397,944,973 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $308,858,283 | BeginningYearBalanceAmt |
| Contributions | $14,656,944 | ContributionsAmt |
| Investment Earnings Or Losses | $25,497,568 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,325,969 | GrantsOrScholarshipsAmt |
| Other Expenditures | $426,209 | OtherExpendituresAmt |
| Administrative Expenses | -$979,874 | AdministrativeExpensesAmt |
| End Year Balance | $340,240,491 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $302,218,254 | BeginningYearBalanceAmt |
| Contributions | $18,898,805 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,034,590 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,670,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $347,234 | OtherExpendituresAmt |
| Administrative Expenses | $206,952 | AdministrativeExpensesAmt |
| End Year Balance | $308,858,283 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $259,183,338 | BeginningYearBalanceAmt |
| Contributions | $17,079,839 | ContributionsAmt |
| Investment Earnings Or Losses | $35,469,310 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,087,517 | GrantsOrScholarshipsAmt |
| Other Expenditures | $226,164 | OtherExpendituresAmt |
| Administrative Expenses | $1,200,552 | AdministrativeExpensesAmt |
| End Year Balance | $302,218,254 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00530 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.80760 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.18710 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,419,140 | OtherCostOrOtherBasisAmt |
| Book Value | $1,419,140 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,943,523 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,085,272 | DepreciationAmt |
| Book Value | $6,858,251 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $169,311 | OtherCostOrOtherBasisAmt |
| Depreciation | $153,718 | DepreciationAmt |
| Book Value | $15,593 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,292,984 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE INVESTMENTS | Desc |
| Book Value | $163,340,087 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $163,340,087 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OBLIGATIONS TO BENEFICIARIES OF SPLIT-INTEREST AGREEMENTS | Desc |
| Amt | $3,504,602 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,504,602 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $54,326,742 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$18,844,227 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $16,665,662 | OtherRevenueAmt |
| Revenue Not Reported | -$2,178,565 | RevenueNotReportedAmt |
| Revenue Subtotal | $56,505,307 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$678,588 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$678,588 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $55,826,719 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $42,740,238 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $17,645,061 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $17,645,061 | ExpensesNotReportedAmt |
| Expenses Subtotal | $25,095,177 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $25,095,177 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 1B: | AGENCY ACCOUNTS ARE INVESTMENTS HELD ON BEHALF OF THE UNIVERSITY OF MASSACHUSETTS AND THE EDWARD M. KENNEDY INSTITUTE. |
| PART V, LINE 4: | THE INTENDED USES OF THE FOUNDATION'S ENDOWMENT FUNDS ARE TO BE SPENT WITHIN THE ESTABLISHED CRITERIA FOR THE FUND IN SUPPORT OF THE SCHOLARSHIP AND EDUCATION PROGRAMS OF THE UNIVERSITY OF MASSACHUSETTS. |
| PART X, LINE 2: | THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE CODE), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE FOUNDATION IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAVE DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT WERE MATERIAL TO THE FINANCIAL STATEMENTS AS OF JUNE 30, 2015 OR JUNE 30, 2014. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | AMOUNTS RELATED TO UNIVERSITY OF MASSACHUSETTS 16,665,662. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -508,131. FUNDRAISING EVENTS DIRECT EXPENSES REPORTED ON 990, PART VIII, LINE 8B -170,457. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | AMOUNTS RELATED TO AGENCY 18,847,813. FUNDRAISING EVENTS DIRECT EXPENSES REPORTED ON 990, PART VIII, LINE 8B 170,457. OTHER CHANGES IN NET ASSETS -1,373,209. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|
| CENTRAL AMERICA | INVESTMENTS | $108,671,000 | |
| EAST ASIA & PACIFIC | INVESTMENTS | $3,889,000 | |
| EUROPE | INVESTMENTS | $3,297,000 | |
| MIDDLE EAST & NORTH AFRICA | INVESTMENTS | $156,000 | |
| NORTH AMERICA | INVESTMENTS | $833,000 | |
| RUSSIA | INVESTMENTS | $777,000 | |
| SOUTH AMERICA | INVESTMENTS | $1,527,000 | |
| SOUTH ASIA | INVESTMENTS | $722,000 | |
| SUB-SAHARAN AFRICA | INVESTMENTS | $1,353,000 | KLO - 02/01/16 04:38PM WORKSHEET SCHEDULE F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $119,872,000 | SubtotalSpentAmt |
| Continuation Spent | $1,353,000 | ContinuationSpentAmt |
| Total Spent | $121,225,000 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF EVENT | Event1Nm |
| Gross Receipts Event1 | $35,700 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $24,200 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $11,500 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $2,370 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $23,435 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $24,690 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $3,308 | OtherDirectExpensesEvent1Amt |
| Event2 | ALUMNI EVENT | Event2Nm |
| Gross Receipts Event2 | $15,160 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $15,160 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $4,580 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $17,490 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $8,430 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $9,540 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $15,645 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $15,150 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $15,150 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $5,788 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $29,071 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $5,685 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $66,010 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $24,200 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $41,810 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $6,950 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $46,713 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $62,191 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $9,540 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $24,638 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $150,032 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$108,222 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MASSACHUSETTS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 SOUTH ST SUITE 450 | AddressLine1Txt |
| City | SHREWSBURY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01545 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 043167352 | RecipientEIN |
| IRC Section | 115 | IRCSectionDesc |
| Cash Grant | $12,942,071 | CashGrantAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
| Purpose Of Grant | SEE PART IV | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | DISBURSEMENTS TO THE UNIVERSITY OF MASSACHUSETTS ARE SUBJECT TO THE EXPENDITURE AND DISBURSEMENT POLICIES OF THE UNIVERSITY OF MASSACHUSETTS, INCLUDING ALLOWABILITY, APPROPRIATENESS(BUSINESS PURPOSE, ADEQUATE DOCUMENTATION, AND PROPER APPROVALS), AND DONOR INTENT AS SPECIFIED IN THE DONOR INTENT DOCUMENT SUPPLIED AT THE TIME THE GIFT IS RECEIVED FROM THE DONOR. |
| PART II, LINE 1, COLUMN (H): | DISTRIBUTIONS TO THE UNIVERSITY OF MASSACHUSETTS ARE PROVIDED IN THE FORM OF STUDENT SUPPORT (SCHOLARSHIPS, FELLOWSHIPS, ETC.), FACULTY AND STAFF SUPPORT (ENDOWMENT FACULTY POSITIONS, RESEARCH, PROFESSIONAL DEVELOPMENT), ACADEMIC PROGRAM SUPPORT, AND FACILITIES SUPPORT. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHARLES J PAGNAM | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $183,008 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $53,388 | $0 | $236,396 | $0 | $0 | $0 |
| ROBERT M GOODHUE ESQ | ||||||||||||||
| CHIEF OPERATING OFFICER/GENERAL COUN | $218,315 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $62,325 | $0 | $280,640 | $0 | $0 | $0 |
| SANDY FISHER | ||||||||||||||
| DEPUTY COO/DIR., ADVANCEMENT SYSTEMS | $125,711 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36,240 | $0 | $161,951 | $0 | $0 | $0 |
| JUDITH A MURPHY | ||||||||||||||
| ASSOC. VICE PRESIDENT/CONTROLLER | $168,777 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $48,392 | $0 | $217,169 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 29 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,468,944 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV ON DATE OF GIFT | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. |
| PART I, LINE 32B: | SHARES OF PUBLICLY TRADED SECURITIES CONTRIBUTED BY DONORS ARE TRANSFERRED BY THE DONOR'S CUSTODIAN TO A CUSTODY ACCOUNT MAINTAINED BY THE UNIVERSITY OF MASSACHUSETTS FOUNDATION AT BNY MELLON. BNY MELLON HAS A STANDING ORDER TO SELL SUCH SECURITIES IN A TIMELY AND ORDERLY FASHION AND TO TRANSFER THE PROCEEDS FROM THE SALE TO THE UNIVERSITY OF MASSACHUSETTS FOUNDATION. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED BY THE CHAIR OF THE GOVERNANCE AND AUDIT COMMITTEE PRIOR TO ITS FILING WITH THE IRS AND THEN FORWARDED BY HIM TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENT. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE MEMBERS OF THE BOARD OF DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT THAT ACKNOWLEDGES THAT THEY HAVE READ AND UNDERSTAND THE POLICY. ON THIS STATEMENT, THEY ARE REQUIRED TO LIST ANY POTENTIAL CONFLICT. RESPONSES ARE GATHERED BY FOUNDATION COUNSEL. FOUNDATION COUNSEL AND THE CHAIR OF THE GOVERNANCE AND AUDIT COMMITTEE REVIEW THE RESPONSES AND IDENTIFY ANY POTENTIAL CONFLICTS. THE DIRECTORS AND OFFICERS ARE ALSO REQUIRED TO SUPPLEMENT THEIR RESPONSES IN THE EVENT THAT ANY ADDITIONAL POTENTIAL CONFLICTS ARISE DURING THE YEAR. WHEN A DIRECTOR OR OFFICER BECOMES AWARE OF A PROPOSED COVERED TRANSACTION UNDER THE POLICY, HE OR SHE HAS A DUTY TO TAKE THE FOLLOWING ACTIONS: A) IMMEDIATELY DISCLOSE THE EXISTENCE OR CIRCUMSTANCES OF SUCH COVERED TRANSACTION TO THE FOUNDATION'S BOARD OF DIRECTORS IN WRITING; B) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE FOUNDATION TO ENTER INTO THE COVERED TRANSACTION; AND C) PHYSICALLY EXCUSE HIMSELF OR HERSELF FROM ANY DISCUSSIONS REGARDING THE COVERED TRANSACTION EXCEPT TO ANSWER QUESTIONS, INCLUDING BOARD DISCUSSIONS AND DECISIONS ON THE SUBJECT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. |
| FORM 990, PART IX, LINE 12, COLUMN (D) - ADVERTISING AND PROMOTION: | IN FISCAL 2014, THE FOUNDATION LAUNCHED A MULTI-MEDIA ADVERTISING CAMPAIGN TO SUPPORT THE UNIVERSITY OF MASSACHUSETTS' FIRST SYSTEM-WIDE, COMPREHENSIVE CAPITAL FUNDRAISING CAMPAIGN FOR THE UNIVERSITY'S FIVE CAMPUSES. THIS ADVERTISING CAMPAIGN COMPLEMENTS AN ONGOING MULTI-MEDIA BRANDING CAMPAIGN WHICH FOCUSES ON THE ACTIVITIES AND ACCOMPLISHMENTS OF THE UNIVERSITY'S STUDENTS AND FACULTY. BOTH CAMPAIGNS COME AT A TIME WHEN THE UNIVERSITY HAS ENJOYED A STRING OF SUCCESSES, INCLUDING SURGING STUDENT ENROLLMENT AND CONTINUED RECOGNITION AS A NATIONAL RESEARCH AND DISCOVERY LEADER. |
| FORM 990, PART IX, LINE 14, COLUMN (D) - INFORMATION TECHNOLOGY: | IN MARCH 2007, THE UNIVERSITY OF MASSACHUSETTS' BOARD OF TRUSTEES VOTED TO DEVELOP AND IMPLEMENT A COMPREHENSIVE CONSTITUENT RELATIONSHIP MANAGEMENT SYSTEM (CRM) FOR ALL UNIVERSITY ALUMNI, PARENTS AND FRIENDS. THE FOUNDATION PROVIDES THESE FUNDRAISING SOFTWARE TOOLS TO THE UNIVERSITY'S FIVE CAMPUSES. THE GOAL OF THE PROJECT IS TO CONSOLIDATE INFORMATION FROM MULTIPLE SMALLER AND FRAGMENTED DATA SOURCES ACROSS THE FIVE UNIVERSITY CAMPUSES INTO A SINGLE, ROBUST DATABASE. THIS DATABASE WILL INFORM AND COORDINATE FUNDRAISING, COMMUNICATIONS AND ALUMNI RELATIONS ACTIVITIES IN A MORE STRATEGIC AND FOCUSED MANNER. |
| FORM 990, PART XI, LINE 9: | NET ASSETS TRANSFERS TO RELATED ORGANIZATIONS -1,500,000. |