2014-01-31T16:12:30-06:00 2013-06-30 420714325 MCGLADREY LLP PO BOX 5946 MADISON WI 537050946 990 2012-07-01 391824445 UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION INC UNIV 6088214223 7974 UW HEALTH COURT MIDDLETON WI 53562 ROBERT FLANNERY 6088214223 2014-01-30 1 JAMES G GRAHAM P00006111 6088332612 2012 2015-11-30 17:44:51Z JEFFREY GROSSMAN MD 600 W HIGHLAND AVENUE MADISON WI 53792 740426685 0 X WWW.UWHEALTH.ORG X 1996 WI UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION (UWMF) SUPPORTS THE TEACHING, RESEARCH AND SERVICE MISSIONS OF THE UNIVERSITY OF WISCONSIN SCHOOL OF MEDICINE AND PUBLIC HEALTH BY PROMOTING THE DELIVERY OF EXCELLENT AND INNOVATIVE PATIENT CARE BY FACULTY AND STAFF WHO SERVE LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL POPULATIONS. 19 6 4111 0 4184776 80448 37593827 48104050 609976682 622980230 4184622 6051582 3623468 3257973 655378599 680393835 49127998 54480447 0 0 372901370 399144502 0 0 0 218022099 204504806 640051467 658129755 15327132 22264080 406450936 421040878 179685832 161630994 226765104 259409884 X UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION (UWMF) SUPPORTS THE TEACHING, RESEARCH AND SERVICE MISSIONS OF THE UNIVERSITY OF WISCONSIN SCHOOL OF MEDICINE AND PUBLIC HEALTH BY PROMOTING THE DELIVERY OF EXCELLENT AND INNOVATIVE PATIENT CARE BY FACULTY AND STAFF WHO SERVE LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL POPULATIONS. 0 0 86606824 31666000 FUNDING ALLOCATED TO PROVIDE MEDICAL EDUCATION FOR THE BENEFIT OF, AND IN SUPPORT OF THE PURPOSE OF THE UW MEDICAL SCHOOL AND PUBLIC HEALTH. 18751861 18751861 FUNDING ALLOCATED TO PROVIDE MEDICAL RESEARCH FOR THE BENEFIT OF, AND IN SUPPORT OF THE PURPOSE OF THE UW MEDICAL SCHOOL AND PUBLIC HEALTH. 546095992 2885722 613860298 FUNDING ALLOCATED TO PROVIDE HEALTHCARE FOR THE BENEFIT OF, AND IN SUPPORT OF THE PURPOSE OF THE UW MEDICAL SCHOOL AND PUBLIC HEALTH. 1176864 1176864 OTHER PROGRAM REVENUE AND EXPENSES ALLOCATED TO PROVIDE MEDICAL EDUCATION FOR THE BENEFIT OF, AND IN SUPPORT OF THE PURPOSE OF THE UW MEDICAL SCHOOL AND PUBLIC HEALTH. 1176864 1176864 652631541 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 301 0 1 4111 1 1 1 0 0 0 0 0 0 0 0 0 X 19 6 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 IL WI X ROBERT W FLANNERY CFO 6088214223 7974 UW HEALTH COURT MIDDLETON WI 53562 ANN CASEY 1.00 X 0 0 0 PATRICIA BRADY 1.00 X 0 0 0 JIM BURGESS 1.00 X 0 0 0 ROBERT N GOLDEN MD 1.00 X 290370 284509 50090 GREGORY TROST MD 1.00 X 456156 67674 50090 ROGER HAUCK 1.00 X 0 0 0 NIZAR JARJOUR MD 1.00 X 175690 207601 44012 K CRAIG KENT MD 1.00 X 534043 230061 50090 RICHARD PAGE 1.00 X 324578 202418 50090 JON MATSUMURA MD 1.00 X 375082 96612 50090 STEPHEN NAKADA MD 1.00 X 368540 164695 50090 DAVID RAKEL MD 1.00 X 180444 90709 27085 LAUREL RICE MD 1.00 X 344521 169013 12590 WILLIAM SCHWAB MD 1.00 X 151726 92108 38021 JAMES SHULL PHD 1.00 X 0 245820 0 DEBORAH RUSY MD MBA 1.00 X 301341 67551 50090 JEFFREY GROSSMAN MD 40.00 X X 562970 166629 59427 CAROLINE FRIBANCE 1.00 X X 0 0 0 FREDERICK WENZEL 1.00 X X 0 0 0 PETER CHRISTMAN 40.00 X 509612 0 56375 ROBERT FLANNERY 40.00 X 327886 0 53693 RICHARD WELNICK 40.00 X 168148 59176 42127 GEOFFREY S BAER MD PHD 40.00 X 743816 46467 50090 GREGORY K HARTIG MD 40.00 X 806646 68738 50090 THOMAS A ZDEBLICK MD 40.00 X 827052 176991 50090 KENNETH J NOONAN MD 40.00 X 741360 55050 50090 TAKUSHI KOHMOTO MD 40.00 X 801039 49880 25090 8991020 2541702 909410 837 0 1 0 MICHAEL BEST & FRIEDRICH LLP 1 S PINCKNEY ST PO BOX 1806 MADISON WI 537011806 LEGAL 1033214 ENVIRONMENT CONTROL OF WI INC 2902 AGRICULTURE DR MADISON WI 537186876 MAINTENANCE 889748 ARUP LABORATORIES PO BOX 27964 SALT LAKE CITY UT 84127 LAB 617040 MERITER LABORATORIES PO BOX 681166 CHICAGO IL 606952166 LAB 552682 RPM ADVERTISING 222 S MORGAN ST STE 1D CHICAGO IL 60607 ADVERTISING 505179 33 48104050 48104050 PATIENT SERVICES 621111 413788902 413788902 PREMIUM REVENUE 900099 170901472 170901472 OTHER MEDICAL SERVICES 561000 38289856 34750388 3539468 622980230 4374057 4374057 2408187 8475 2399712 2399712 11300 2388412 60422702 1279198 59310502 713873 1112200 565325 1677525 1677525 ADMIN SUPPORT 561110 634008 634008 OTHER NON-OPERATING REVENUE 900099 224253 224253 858261 680393835 619440762 4184776 8664247 54455472 54455472 24975 24975 5946709 4071587 1875122 338246186 338246186 8761521 8761521 31411076 31411076 14779010 14779010 35708142 35074134 634008 1307434 1307434 139390 139390 236183 236183 1567763 1567763 35351009 35351009 4474950 4474950 17056729 17056729 1163238 1163238 6850386 6850386 1013141 1013141 REIMBURSE OF MED SCHOOL 85306826 85306826 BAD DEBT EXPENSE 11179086 11179086 MISCELLANEOUS 3007690 3007690 NON-OPERATING EXPENSES 142839 142839 658129755 652631541 5498214 0 106803929 105158260 49240425 46450217 4119402 4688406 15429224 11098074 128821278 69366605 63201271 59454673 131127759 152536252 35830348 40993930 125466 119719 573112 541347 406450936 421040878 127183590 109005405 44600000 44600000 7902242 8025589 179685832 161630994 X 226765104 259409884 226765104 259409884 406450936 421040878 X 22264080 6742830 3637870 X X 0 1 X 1 0 X 19294896 19510991 29657867 37593827 48104050 154161631 505030677 548893354 565719339 606732366 622980230 2849355966 524325573 568404345 595377206 644326193 671084280 3003517597 0 0 0 3003517597 7168362 5543597 5787502 6393597 7894444 32787502 7168362 5543597 5787502 6393597 7894444 32787502 107778 5079 61657 152449 98351 425314 162554 318008 234498 740900 224253 1680213 531764267 574271029 601460863 651613139 679301328 3038410626 0.98850 0.98750 0.01080 0.01170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 1 236183 0 0 0 236183 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: PURCHASED SERVICES - MARONEY WAGES: $49,543; PURCHASED SERVICES - MARONEY FRINGE BENEFITS: $20,312; PURCHASED SERVICES - VENN STRATEGIES, LLC: $83,712; DUES PAID TO STATE AND MEDICAL SOCIETIES: $82,616 8203072 8203072 55520729 20746045 34774684 10018489 5344609 4673880 55078988 43275951 11803037 59454673 WISCONSIN SLEEP INC 1638461 C GEN FERTILITY CARE 263484 C MADISON MEDICAL CENTER 4733748 C MADISON SURGERY CENTER 4161479 C MERITER PHYSICIAN CONTRACTING 24840 C WISCONSIN DIALYSIS INC 583436 C TRANSFORMATIONS LLC 675470 C UNIVERSITY HEALTH CARE INC 25097614 C CHARTWELL WISCONSIN ENTERPRISES, LLC 3652898 C UW HEALTH ACCOUNTABLE CARE ORG 162500 C 40993930 DUE TO MED. SCHOOL DEV. FUND 7591499 DUE TO RESEARCH & DEV. FUND 434090 8025589 X 690100788 6742830 3637870 10380700 679720088 673747 673747 680393835 657456008 8475 8475 657447533 682222 682222 658129755 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION HAS BEEN DETERMINED TO QUALIFY AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE. THE FOUNDATION FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE ON INCOME TAXES, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. MOST OF THE INCOME RECEIVED BY THE FOUNDATION IS EXEMPT FROM TAXATION AS INCOME RELATED TO THE MISSION OF THE ORGANIZATION. ACCORDINGLY, THERE IS NO MATERIAL PROVISION FOR INCOME TAX. HOWEVER, THE FOUNDATION DOES RECEIVE AN IMMATERIAL AMOUNT OF UNRELATED BUSINESS INCOME. THE FOUNDATION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF WISCONSIN. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE YEARS 2009 AND EARLIER. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM UNCONSOLIDATED ENTITIES 3,051,082. UNREALIZED GAIN (LOSS) ON FINANCIAL INSTRUMENT 586,788. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF NON-OPERATING REVENUE 48,214. RECLASSIFICATION OF RENT EXPENSES -8,475. RECLASS OF UNITY/UHC MANAGEMENT SERVICE REVENUE 634,008. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION OF RENT EXPENSES 8,475. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF NON-OPERATING REVENUE 48,214. RECLASS OF UNITY/UHC MANAGEMENT SERVICE REVENUE 634,008. 1 UW SCHOOL OF MEDICINE AND PUBLIC HEALTH 750 HIGHLAND AVENUE MADISON WI 53705 396006492 115 31666000 SUPPORT FUNCTIONS OF THE MEDICAL SCHOOL UNIVERSITY HEALTH CARE INC 1848 UNIVERSITY AVENUE MADISON WI 53708 391446049 501(C)(3) 2885722 SUPPORT FOR CONTRACT MANAGEMENT UNIVERSITY OF WISCONSIN FOUNDATION 1848 UNIVERSITY AVENUE MADISON WI 53708 390743975 501(C)(3) 18751861 RESEARCH SUPPORT MADISON COMMUNITY HEALTH CENTER INC DBA ACCESS COMMUNITY HEALTH CENTERS 2202 PARK ST MADISON WI 53713 391391134 501(C)(3) 810000 SUPPORT FUNCTIONS OF THE ORGANIZATION AMERICAN FAMILY CHILDREN'S HOSPITAL 1848 UNIVERSITY AVE MADISON WI 53726 391835630 501(C)(3) 53100 SUPPORT FUNCTIONS OF THE ORGANIZATION AMERICAN HEART ASSOCIATION 2850 DAIRY DR SUITE 300 MADISON WI 53718 135613797 501(C)(3) 8300 SUPPORT FUNCTIONS OF THE ORGANIZATION AMERICAN LIVER FOUNDATION 1845 N FARWELL AVE SUITE 312 MILWAUKEE WI 53202 362883000 501(C)(3) 5500 SUPPORT FUNCTIONS OF THE ORGANIZATION ASSOCIATION FOR ACADEMIC SURGERY FOUNDATION 11300 W OLYMPIC BLVD SUITE 600 LOS ANGELES CA 90064 412135059 501(C)(3) 10000 SUPPORT FUNCTIONS OF THE ORGANIZATION THE FOUNDATION FIGHTING BLINDNESS INC 1580 S MILWAUKEE AVE SUITE 606 LIBERTYVILLE IL 60048 237135845 501(C)(3) 7500 SUPPORT FUNCTIONS OF THE ORGANIZATION JUVENILE DIABETES RESEARCH FOUNDATION INTERNATIONAL 434 S YELLOWSTONE DR SUITE 202 MADISON WI 53719 231907729 501(C)(3) 7500 SUPPORT FUNCTIONS OF THE ORGANIZATION NATIONAL ALLIANCE ON MENTAL ILLNESS 3803 N FAIRFAX DR SUITE 100 ARLINGTON VA 22203 431201653 501(C)(3) 15100 SUPPORT FUNCTIONS OF THE ORGANIZATION NATIONAL KIDNEY FOUNDATION INC 16655 W BLUEMOUND RD SUITE 240 BROOKFIELD WI 530055935 131673104 501(C)(3) 9000 SUPPORT FUNCTIONS OF THE ORGANIZATION ORTHOPAEDIC RESEARCH AND EDUCATION FOUNDATION 6300 N RIVER RD SUITE 700 ROSEMONT IL 600198839 366009467 501(C)(3) 31000 SUPPORT FUNCTIONS OF THE ORGANIZATION SAFE HARBOR CHILD ADVOCACY CENTER INC 1457 E WASHINGTON AVE SUITE 102 MADISON WI 53703 203408131 501(C)(3) 10000 SUPPORT FUNCTIONS OF THE ORGANIZATION SOCIETY OF SAINT VINCENT DE PAUL PO BOX 259686 MADISON WI 537259686 390806406 501(C)(3) 6250 SUPPORT FUNCTIONS OF THE ORGANIZATION UNITED WAY OF DANE COUNTY INC 2059 ATWOOD AVE MADISON WI 53707 390817532 501(C)(3) 8000 SUPPORT FUNCTIONS OF THE ORGANIZATION UNIVERSITY OF WISCONSIN 1220 LINDEN DRIVE MADISON WI 53706 396006492 501(C)(3) 6419 SUPPORT FUNCTIONS OF THE ORGANIZATION UNIVERSITY OF WISCONSIN HOSPITAL UW HOSPITAL DRAWER 853 MILWAUKEE WI 53278 391805963 115 140500 SUPPORT FUNCTIONS OF THE ORGANIZATION UNIVERSITY OF WISCONSIN HOUSE STAFF PO BOX 45373 MADISON WI 53744 540162532 115 10750 SUPPORT FUNCTIONS OF THE ORGANIZATION SUPPORT FUNCTIONS OF THE ORGANIZATION US BANK PO BOX 790428 ST LOUIS MO 631790428 310841368 6470 SUPPORT FUNCTIONS OF THE ORGANIZATION FRIENDS OF CARBONE CANCER CENTER INC 600 HIGHLAND AVE K4/658 MADISON WI 537926134 275017177 501(C)(3) 6500 SUPPORT FUNCTIONS OF THE ORGANIZATION UWMF EMPLOYEE CHILDREN'S SCHOLARSHIP FUND - SCHOLARSHIPS TO CHILDREN OF UWMF EMPLOYEES TO BE USED IN THEIR PURSUIT OF A HEALTHCARE CAREER. 27 24975 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE GRANT SCHEDULE FOR UW SCHOOL OF MEDICINE IS BASED ON A 2 YEAR AGREEMENT AT A FIXED AMOUNT. UWMF MAKES A CONTRIBUTION TO UW FOUNDATION FOR R&D OF 2.5% OF PROFESSIONAL REVENUES WHICH IS PART OF ITS BYLAWS. UNIVERSITY HEALTHCARE INC. SUPPORT IS BASED ON THEIR ANNUAL BUDGET. A MONTHLY RECONCILIATION IS PERFORMED BY REVIEWING THE PROFESSIONAL REVENUES AND PERFORMING THE CALCULATION FOR R&D. THE DISCREPANCIES ARE GIVEN TO THE DEPARTMENTS FOR REVIEW AND FUNDS ARE ADJUSTED ON FOLLOWING MONTHS TRANSFER. THE FIXED AMOUNTS ARE REVIEWED MONTHLY TO CONFIRM TRANSFERS TO CONTRACTS AND BUDGET. ANY DISCREPANCIES ARE ADJUSTED IN THE FOLLOWING MONTH. THE 2012 UWMF EMPLOYEE CHILDREN'S SCHOLARSHIPS WERE AWARED TO CHILDREN OF UWMF EMPLOYEES. EACH CHILD WAS AWARDED A $750 SCHOLARSHIP FROM UW MEDICAL FOUNDATION TO BE USED IN THEIR PURSUIT OF A HEALTHCARE CAREER. UWMF PLACES GREAT VALUE AND PRIDE IN THE OPPORTUNITY TO REINVEST IN THE NEXT GENERATION OF PROFESSIONALS ENTERING THE HEALTHCARE INDUSTRY. X X X 0 0 0 0 0 0 0 0 0 ROBERT N GOLDEN MD 290370 284509 0 0 0 0 50000 0 90 0 340460 284509 0 0 GREGORY TROST MD 456156 67674 0 0 0 0 50000 0 90 0 506246 67674 0 0 NIZAR JARJOUR MD 175690 207601 0 0 0 0 43922 0 90 0 219702 207601 0 0 K CRAIG KENT MD 534043 230061 0 0 0 0 50000 0 90 0 584133 230061 0 0 RICHARD PAGE 324578 202418 0 0 0 0 50000 0 90 0 374668 202418 0 0 JON MATSUMURA MD 375082 96612 0 0 0 0 50000 0 90 0 425172 96612 0 0 STEPHEN NAKADA MD 368540 164695 0 0 0 0 50000 0 90 0 418630 164695 0 0 DAVID RAKEL MD 180444 90709 0 0 0 0 26995 0 90 0 207529 90709 0 0 LAUREL RICE MD 344521 169013 0 0 0 0 12500 0 90 0 357111 169013 0 0 WILLIAM SCHWAB MD 151726 92108 0 0 0 0 37931 0 90 0 189747 92108 0 0 JAMES SHULL PHD 0 245820 0 0 0 0 0 0 0 0 0 245820 0 0 DEBORAH RUSY MD MBA 301341 67551 0 0 0 0 50000 0 90 0 351431 67551 0 0 JEFFREY GROSSMAN MD 503874 166629 50000 0 9096 0 50000 0 9427 0 622397 166629 0 0 PETER CHRISTMAN 500000 0 0 0 9612 0 32974 0 23401 0 565987 0 0 0 ROBERT FLANNERY 323373 0 0 0 4513 0 32974 0 20719 0 381579 0 0 0 RICHARD WELNICK 168148 59176 0 0 0 0 42037 0 90 0 210275 59176 0 0 GEOFFREY S BAER MD PHD 743816 46467 0 0 0 0 50000 0 90 0 793906 46467 0 0 GREGORY K HARTIG MD 806646 68738 0 0 0 0 50000 0 90 0 856736 68738 0 0 THOMAS A ZDEBLICK MD 827052 176991 0 0 0 0 50000 0 90 0 877142 176991 0 0 KENNETH J NOONAN MD 741360 55050 0 0 0 0 50000 0 90 0 791450 55050 0 0 TAKUSHI KOHMOTO MD 801039 49880 0 0 0 0 25000 0 90 0 826129 49880 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS COMPLETED BY THE ORGANIZATION'S EXTERNAL ACCOUNTING FIRM. UPON COMPLETION, THE DIRECTOR OF ACCOUNTING REVIEWS THE RETURN AND WORKPAPERS. ONCE THAT IS COMPLETE, THE RETURN IS THEN FORWARDED TO THE CHIEF FINANCIAL OFFICER FOR REVIEW. AFTER THE CHIEF FINANCIAL OFFICER'S REVIEW, THE RETURN IS FORWARDED TO THE CHIEF OPERATING OFFICER FOR REVIEW. WHEN ALL REVIEWERS HAVE DETERMINED THE FORM 990 IS COMPLETE AND ACCURATE, THE RETURN IS SUBMITTED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE COMPLIANCE AND LEGAL DEPARTMENT REVIEWS CONFLICT OF INTEREST FORMS. IF POTENTIAL CONFLICTS ARE FOUND, THERE IS A DISCUSSION BETWEEN LEGAL SERVICES, THE CEO, AND THE INDIVIDUAL. THE COMPLIANCE DEPARTMENT ISSUES QUESTIONNAIRES ANNUALLY AND THERE IS 100% COMPLIANCE IN RESPONDING. IF THERE IS A CONFLICT, THE FIX IS TO RECUSE ONESELF FROM ANY VOTE. IF IT IS A SENSITIVE MATTER, THE FIX IS TO RECUSE ONESELF FROM THE DISCUSSION AND THE VOTE. PLEASE NOTE THAT THE CONFLICT OF INTEREST POLICY PROVIDES A PROCESS FOR BOTH VOLUNTARY AND INVOLUNTARY RECUSAL IN SECTIONS 2.3 AND 2.4, RESPECTIVELY. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION REVIEW COMMITTEE (CRC) HAS BEEN ESTABLISHED. THE COMMITTEE SHALL CONSIST EXCLUSIVELY OF THE PUBLIC DIRECTORS. THE CRC SHALL ACT IN ACCORDANCE WITH THE FOUNDATION'S COMPENSATION PRINCIPLES AND POLICY. THE COMMITTEE SHALL MAKE FINAL DECISIONS ON SUCH MATTERS AFTER SATISFYING ITSELF THAT THE STANDARDS SET IN THE FOUNDATION'S COMPENSATION PRINCIPLES AND POLICY HAVE BEEN MET. THE COMMITTEE MAY REQUEST ADDITIONAL DATA OR INFORMATION PRIOR TO APPROVING MATTERS WITHIN ITS JURISDICTION. THE CRC SHALL TAKE FINAL ACTION TO APPROVE OR DISAPPROVE ALL FOUNDATION AND DEPARTMENTAL COMPENSATION FORMULAE AND POLICY. THE COMMITTEE IS PROVIDED BENCHMARK DATA FROM THREE SURVEYS THAT ARE WEIGHTED FOR PHYSICIAN COMPENSATION. THIS DATA IS USED TO COMPARE TO CURRENT COMPENSATION. THE DELIBERATIONS ARE CONTEMPORANEOUSLY SUBSTANTIATED. EXECUTIVE COMPENSATION IS BASED ON COMPARATIVE DATA WITH LIKE POSITIONS WITHIN THE MARKET. THE COMPENSATION FOR CEO AND EVP/COO IS PRESENTED TO THE COMPENSATION COMMITTEE ANNUALLY. THIS COMMITTEE IS COMPRISED OF THE UWMF'S PUBLIC BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS AVAILABLE UPON REQUEST FROM THE CORPORATE OFFICE ARE THE FINANCIAL STATEMENTS, BYLAWS, ARTICLES, CONFLICT OF INTEREST POLICIES, TAX RETURNS, AND FORM 1023. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: REVENUE FROM UNCONSOLIDATED ENTITIES 3,051,082. UNREALIZED GAIN (LOSS) ON FINANCIAL INSTRUMENT 586,788. CHANGES TO THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS: FORM 990, PART XII, LINE 2C EXPLANATION: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. DISCLOSURE OF REPORTABLE TRANSACTIONS FORM 8886: THE FOLLOWING INVESTMENTS OF UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION, INC. HAVE FILED FORM 8886 DISCLOSING REPORTABLE TRANSACTIONS. AS A LIMITED PARTNER IN THESE INVESTMENTS, UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION, INC.'S ALLOCABLE SHARE FROM THE RESPECTIVE PASSTHROUGH ENTITIES DOES NOT EXCEED THE THRESHOLD AMOUNTS. THEREFORE, UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION, INC. HAS NOT PARTICIPATED IN A LOSS TRANSACTION REPORTABLE ON FORM 8886: BRANDYWINE GLOBAL INVESTMENT MGMT, LLC UNIVERSITY OF WISCONSIN 1220 LINDEN DRIVE MADISON WI 53706 396006492 EDUCATION WI 115 N/A N/A 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0