UNIVERSITY OF LOUISVILLE FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF LOUISVILLE FOUNDATION INC (EIN 23-7078461)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201421359349302422
- Schema version
- 2012v2.1
- 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 C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T11:01:53-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9600 Brownsboro Road | AddressLine1 |
| Address Line2 | Suite 400 | AddressLine2 |
| City | Louisville | City |
| State | KY | State |
| ZIP Code | 402411122 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237078461 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF LOUISVILLE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 5028527072 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Controllers Office | AddressLine1 |
| Address Line2 | University of Louisville | AddressLine2 |
| City | Louisville | City |
| State | KY | State |
| ZIP Code | 40292 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DR JAMES RAMSEY | Name |
| Title | PRESIDENT | Title |
| Date Signed | 2013-10-21 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Rachel Spurlock | Name |
| PTIN | P00520729 | PTIN |
| Phone | 5023263996 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DR JAMES R RAMSEY | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2301 South Third | AddressLine1 |
| City | Louisville | City |
| State | KY | State |
| ZIP Code | 40292 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 261719778 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LOUISVILLEFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1970 | YearFormation |
| State Legal Domicile | KY | StateLegalDomicile |
| Activity Or Mission Description | THE UNIVERSITY OF LOUISVILLE FOUNDATION (FOUNDATION) EXISTS TO SUPPORT THE ACADEMIC, SCHOLARLY, RESEARCH AND COMMUNITY ENGAGEMENT ACTIVITIES OF THE UNIVERSITY OF LOUISVILLE (UNIVERSITY) AND TO ASSIST THE UNIVERSITY IN BECOMING A NATIONAL TOP TIER METROPOLITAN RESEARCH UNIVERSITY. SINCE ITS INCEPTION IN 1970, THE FOUNDATION HAS SUPPORTED THE EFFORTS OF THE UNIVERSITY TO ATTRACT OUTSTANDING STUDENTS AND TO BRING THE WORLD'S TOP SCHOLARS AND SCIENTISTS TO KENTUCKY. INVESTMENT IN THE UNIVERSITY IS INCREASINGLY CRITICAL AS STATE SUPPORT FOR HIGHER EDUCATION CONTINUES TO DECLINE. ALTHOUGH STATE BUDGET CUTS ARE CHALLENGING, THE UNIVERSITY REMAINS A LEADER AMONG COLLEGES AND UNIVERSITIES IN KENTUCKY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 8 | TotalNbrEmployees |
| Total Nbr Volunteers | 14 | TotalNbrVolunteers |
| Total Gross UBI | -2873000 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -2873000 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 55949088 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 39479546 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 18848727 | InvestmentIncomePriorYear |
| Investment Income Current Year | 32504925 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -3990130 | OtherRevenuePriorYear |
| Other Revenue Current Year | -2623778 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 70807685 | TotalRevenuePriorYear |
| Total Revenue Current Year | 69360693 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 15030740 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 10490054 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1108810 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4065199 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 8330526 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 66260156 | OtherExpensePriorYear |
| Other Expenses Current Year | 72434875 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 82399706 | TotalExpensesPriorYear |
| Total Expenses Current Year | 86990128 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -11592021 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -17629435 | RevenuesLessExpensesCY |
| Total Assets BOY | 921526307 | TotalAssetsBOY |
| Total Assets EOY | 957096322 | TotalAssetsEOY |
| Total Liabilities BOY | 130154013 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 131803157 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 791372294 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 825293165 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE FOUNDATION IS ORGANIZED AND OPERATED FOR THE BENEFIT OF THE UNIVERSITY. IT SERVES AS A FUNDRAISING ORGANIZATION AND PROVIDES ECONOMIC IMPACT ON THE COMMONWEALTH OF KENTUCKY THROUGH DEVELOPMENT OF NEW BUSINESSES AND THE CREATION OF NEW JOBS. FUNDS ARE INVESTED AND MANAGED BY THE FOUNDATION IN SUPPORT OF THE UNIVERSITY'S MISSION TO BECOME A PREMIER METROPOLITAN RESEARCH UNIVERSITY RECOGNIZED FOR ADVANCING THE INTELLECTUAL, SOCIAL AND ECONOMIC DEVELOPMENT OF OUR COMMUNITY AND ITS CITIZENS WHILE PLACING THE UNIVERSITY AMONG THE TOP TIER OF SIMILAR UNIVERSITIES IN THE NATION. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 37010513 | Expense |
| Grants | 8903420 | Grants |
| Revenue | 190697 | Revenue |
| Description | EDUCATIONAL EXCELLENCE WITH THE SUPPORT OF THE FOUNDATION, THE UNIVERSITY AIMS TO ATTRACT THE BEST AND BRIGHTEST MINDS. IT LEADS THE STATE WITH 75 FULBRIGHT AWARD WINNERS. THE UNIVERSITY HAD ONE OF THE 62 TRUMAN SCHOLARS IN THE UNITED STATES AND THE ONLY SUCH SCHOLAR IN KENTUCKY. THE INCOMING FRESHMAN CLASS WAS RECIPIENTS OF 175 GOVERNOR SCHOLARS WITH AN OVERALL TOTAL OF 625 GOVERNOR SCHOLARS. THE FRESHMAN CLASS AGAIN BROKE THEIR RECORD WITH A 25 AVERAGE ACT SCORE, 35% OF STUDENTS WITH ACT SCORES GREATER OR EQUAL TO 27, AND 56 VALEDICTORIANS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 22212038 | Expense |
| Grants | 1178574 | Grants |
| Revenue | 450865 | Revenue |
| Description | RESEARCH, SCHOLARSHIP AND CREATIVE ACTIVITY THE UNIVERSITY, WITH THE HELP OF THE FOUNDATION, IS FOCUSED ON ENSURING THAT THE GREAT IDEAS THAT BEGIN IN THE LABORATORY AND THE CLASSROOM BECOME TANGIBLE BENEFITS FOR PEOPLE. THE DRIVING GOALS BEHIND THESE STEPS ARE TO: 1. INCREASE FUNDED RESEARCH; 2. INCREASE OUR TRANSLATIONAL RESEARCH IN RESPONSE TO COMMUNITY NEEDS AND FUEL ECONOMIC DEVELOPMENT; 3. FOCUS ON AREAS OF SCHOLARLY AND CREATIVE ACTIVITY THAT CREATE NATIONAL PROMINENCE; AND 4. EXPAND CLINICAL OPERATIONS TO BETTER SERVE KENTUCKY. IN FISCAL YEAR 2013 TOTAL GRANT AND CONTRACT AWARDS TOTALED 680 FOR $118.9 MILLION. THE FOUNDATION IS FINANCING AND DEVELOPING THREE RESEARCH PARKS, ONE AT EACH OF THE UNIVERSITY'S CAMPUSES - BELKNAP CAMPUS, HEALTH SCIENCES CENTER CAMPUS, AND SHELBY CAMPUS. EACH OF THESE PARKS IS BEING DESIGNED TO FURTHER THE UNIVERSITY'S RESEARCH MISSION, PROVIDE ADDITIONAL REVENUE STREAMS AND PROMOTE ECONOMIC DEVELOPMENT IN THE LOUISVILLE AREA. 1. NUCLEUS INNOVATION PARK: THIS RESEARCH AND INNOVATION PARK INCLUDES THE TECHCENTER, THE NUCLEUS, AND THE IHUB. ONCE COMPLETED IT IS PROJECTED TO CREATE 8,700 JOBS. THE TECHCENTER OFFERS LABORATORY SPACE, BOTH WET AND DRY, AND OFFICE SPACE. A SHARED LABORATORY FACILITY EQUIPPED WITH COMMON LABORATORY EQUIPMENT IS AVAILABLE FOR EARLY STAGE COMPANIES REQUIRING LABORATORY SPACE. THE NUCLEUS IS AN EIGHT STORY, 200,000 SQUARE FOOT BUILDING WITH A GREEN ROOF AND OPEN SPACES. IT WILL HOUSE THE INTERNATIONAL CENTER FOR LONG TERM CARE INNOVATION WHICH SERVES AS A CATALYST FOR THE UNIVERSITY'S WORLDWIDE AGING CARE RESEARCH INITIATIVE. OTHER TENANTS INCLUDE ATRIA SENIOR LIVING, UNIVERSITY'S EXECUTIVE VICE PRESIDENT FOR RESEARCH AND INNOVATION RESEARCH OFFICE, ACCELERATORS FOR START-UP COMPANIES AND THE ADMINISTRATION FOR THE UNIVERSITY'S MEDICAL FACULTY. THE IHUB, OUR CO-WORKING SPACE FOR VERY EARLY STAGE COMPANIES, CONTINUES TO BE WELL USED. UNIVERSITY ASSOCIATED STARTUPS AND EARLY STAGE COMPANIES ARE LOCATED IN THE TECHCENTER, THE IHUB AND THE NUCLEUS. 2. SHELBYHURST: THIS RESEARCH AND OFFICE PARK IS LOCATED ON UNIVERSITY'S SHELBY CAMPUS IN EASTERN JEFFERSON COUNTY. SHELBYHURST FEATURES THE 38,000 SQ. FT. CENTER FOR PREDICTIVE MEDICINE, A NATIONAL INSTITUTES OF HEALTH FUNDED BIOSAFETY LAB FOCUSING ON RESEARCH OF INFECTIOUS DISEASES. THROUGH A PARTNERSHIP WITH REAL ESTATE DEVELOPMENT FIRM NTS, THE FOUNDATION HELPED CONSTRUCT THE FIRST LEED CERTIFIED CLASS A OFFICE BUILDING AT SHELBYHURST. THE FACILITY, KNOWN AS 600 NORTH, IS THE FIRST BUILDING OF ITS TYPE IN KENTUCKY AND DESPITE THE CHALLENGING ECONOMIC CLIMATE HAS ACHIEVED 100% OCCUPANCY LEADING TO CONSTRUCTION OF A SECOND, SIMILAR BUILDING NEARBY. FUTURE PLANS INCLUDE A HOTEL AND CONFERENCE FOR HOSTING RESEARCHERS AND FACULTY FROM ACROSS THE GLOBE. 3. BELKNAP ENGINEERING AND APPLIED SCIENCES RESEARCH PARK: THIS 39 ACRE RESEARCH PARK IS BEING DEVELOPED AS THE CENTERPIECE FOR RESEARCH AND COLLABORATION AT UNIVERSITY'S BELKNAP CAMPUS. THE DEVELOPMENT IS THE CENTERPIECE OF A SIGNATURE TAX INCREMENT FINANCING (TIF) DISTRICT, DESIGNED TO STIMULATE ECONOMIC GROWTH IN THE AREA. THE TIF DISTRICT COVERS MORE THAN 900 ACRES AND WAS GIVEN APPROVAL BY THE KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY, PAVING THE WAY FOR WHAT COULD BE AN ESTIMATED $1 BILLION IN GROWTH OVER 30 YEARS. THE PROJECT INCLUDES A $31 MILLION ROAD IMPROVEMENT PROJECT THAT WAS JUMPSTARTED BY THE FOUNDATION WITH A $6.2 MILLION COMMITMENT. BUILDING ON RESOURCES AT THE INSTITUTION'S J. B. SPEED SCHOOL OF ENGINEERING, A MAJOR FOCUS OF THE RESEARCH PARK WILL BE TO BRING COMPANIES AND ENGINEERING EXPERTS TOGETHER. THE UNIVERSITY ALSO ENVISIONS RESEARCH, SUPPORT FACILITIES AND STAFF TO HELP UNIVERSITY'S FACULTY COMMERCIALIZE THEIR IDEAS AND INVENTIONS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3488159 | Expense |
| Grants | 300098 | Grants |
| Revenue | 15945 | Revenue |
| Description | COMMUNITY ENGAGEMENT AND RESPONSIBLE STEWARDSHIP THE UNIVERSITY'S STRATEGIC PLAN, "THE 2020 PLAN: MAKING IT HAPPEN," DESCRIBES THE UNIVERSITY'S COMMITMENT TO COMMUNITY ENGAGEMENT AND REINFORCES THE CONCEPT OF A "CITIZEN UNIVERSITY." FUTURE GROWTH OF INITIATIVES IN THE SIGNATURE PARTNERSHIP, IDEAS TO ACTION (I2A), STUDENT AFFAIRS AND IN EACH ACADEMIC UNIT WILL RESULT IN SIGNIFICANT INCREASES IN OUR COMMUNITY SERVICE PROJECTS AND COMMUNITY-BASED INSTRUCTIONAL AND RESEARCH EFFORTS. THE UNIVERSITY HAS BEEN REPEATEDLY RECOGNIZED FOR VOLUNTEERISM, VETERAN-FRIENDLY PROGRAMS, LEADERSHIP IN SUSTAINABILITY, AND AS A "GOOD NEIGHBOR" FOR THE COMMUNITY. CARDINAL SPORTS FANS WITNESSED A BCS SUGAR BOWL VICTORY OVER FLORIDA IN FOOTBALL AS WELL AS A NATIONAL CHAMPIONSHIP FOR THE CARDINAL MEN'S BASKETBALL TEAM. THE WOMEN'S BASKETBALL TEAM WAS NATIONAL RUNNER-UP WHILE THE BASEBALL TEAM REACHED THE COLLEGE WORLD SERIES IN OMAHA. THE FOUNDATION CONTINUES TO SUPPORT THE CREATION OF OUTSTANDING FACILITIES TO ATTRACT THE VERY BEST STUDENT-ATHLETE AND COACHING TALENT TO THE UNIVERSITY. THE UNIVERSITY PLEDGES TO BE A MODEL METROPOLITAN UNIVERSITY, INTEGRATING ACADEMIC EXCELLENCE, RESEARCH STRENGTH AND CIVIC ENGAGEMENT. TO FULFILL THIS OBLIGATION THE UNIVERSITY IS ENGAGING IN THE FOLLOWING: 1. CREATING AN IMPROVED NEIGHBORHOOD BY JOINING INNOVATIVE PARTNERSHIPS TO DEVELOP THE CAMPUS AREA THROUGH GROWTH IN BUSINESS AND HOUSING FOR STUDENTS, FACULTY, AND STAFF. CREATING A LIVELY CAMPUS THAT ENCOURAGES CO-CURRICULAR ACTIVITIES AND CAMPUS INVOLVEMENT. EXPANDING HEALTH SERVICES FOR STUDENTS, FACULTY, AND STAFF; 2. EXPANDING CLINICAL ENTERPRISES TO BETTER SERVE OUR COMMUNITY; 3. STRENGTHENING OUR COMMUNITY ENGAGEMENT IN THE VISUAL AND PERFORMING ARTS, LITERARY ARTS, HUMANITIES, HISTORIC PRESERVATION, LIBRARIES AND MUSEUMS, ESPECIALLY IN LOUISVILLE'S CORE AREA; 4. KEEPING COMMITMENTS TO WEST LOUISVILLE BY IMPLEMENTING AND SUSTAINING THE SIGNATURE PARTNERSHIP PROGRAM, FOCUSING ON ELIMINATING OR REDUCING DISPARITIES IN THE EDUCATIONAL, HEALTH, ECONOMIC AND SOCIAL CONDITION OF COMMUNITY RESIDENTS AND; 5. ENACTING OUR STATEWIDE MISSION IN FOCUSED AREAS APPROPRIATE FOR A METROPOLITAN UNIVERSITY BY PARTNERING IN THE CREATION OF A CITY SOLUTION CENTER, EXPANDING OUR STATEWIDE OUTREACH THROUGH CLINICAL AND TRANSLATIONAL ACTIVITIES AND SELECTING EDUCATION PROGRAMS, AND ACHIEVING INDICATORS FOR CARNEGIE CLASSIFICATION FOR COMMUNITY ENGAGEMENT. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 185550 | Expense |
| Grants | 107962 | Grants |
| Revenue | 0 | Revenue |
| Description | DIVERSITY, OPPORTUNITY AND SOCIAL JUSTICE THE UNIVERSITY HAS MADE MEANINGFUL PROGRESS IN RECENT YEARS BY FOCUSING ON: 1. EXPANDING THE CARDINAL COVENANT PROGRAM, WHICH GUARANTEES FUNDING TO KENTUCKY'S POOREST STUDENTS WITH A GOAL OF REACHING $3.1 MILLION BY 2020; 2. INCREASING NEED-BASED AND TRANSFER AID BY $5.97 MILLION; 3. INCORPORATING PRINCIPLES OF CULTURAL DIVERSITY, GLOBAL AWARENESS, AND SOCIAL JUSTICE INTO EDUCATIONAL CURRICULA, RESEARCH AND SCHOLARSHIP PROGRAMS AND PROGRAMS IN CIVIC ENGAGEMENT; 4. REVAMPING THE UNIVERSITY'S INTERNATIONAL CENTER TO LEAD INTERNATIONAL EDUCATIONAL AND RESEARCH INITIATIVES AND PROVIDE A WELCOMING PLACE FOR INTERNATIONAL STUDENTS AND; 5. INCREASE FACULTY AND STUDENT PARTICIPATION IN INTERNATIONAL EXPERIENCES AND PROJECT | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 185550 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 107962 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 62896260 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | true | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 428 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 8 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | true | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | KY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jason Tomlinson | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5028526166 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | University of Louisville Foundation | AddressLine1 |
| City | Louisville | City |
| State | KY | State |
| ZIP Code | 40292 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| BURT DEUTSCH | ||||||||
| Vice Chair | 0.50 | 0.50 | X | X | 0 | 0 | 0 | |
| DR JAMES R RAMSEY | ||||||||
| President | 10.00 | 0.50 | X | X | 2743572 | 0 | 520833 | |
| DR WILLIAM SELVIDGE | ||||||||
| Chair | 0.50 | 0.50 | X | X | 0 | 0 | 0 | |
| EDDY ROBERTS | ||||||||
| Secretary | 0.50 | 0.50 | X | X | 0 | 0 | 0 | |
| JOYCE HAGEN | ||||||||
| Treasurer | 0.50 | 0.50 | X | X | 0 | 0 | 0 | |
| CHARLES DENNY | ||||||||
| Director | 0.50 | 0.50 | X | 0 | 0 | 0 | ||
| DEBBIE SCOPPECHIO | ||||||||
| Director | 0.50 | 0.50 | X | 0 | 0 | 0 | ||
| DR MARK LYNN | ||||||||
| Director | 0.50 | 0.50 | X | 0 | 0 | 0 | ||
| DR SALEM GEORGE | ||||||||
| Director | 0.50 | 0.50 | X | 0 | 0 | 0 | ||
| FRANK MINNIFIELD | ||||||||
| Director | 0.50 | 0.50 | X | 0 | 0 | 0 | ||
| FRANK WEISBERG | ||||||||
| Director | 0.50 | 0.50 | X | 0 | 0 | 0 | ||
| J CHESTER PORTER | ||||||||
| Director | 0.50 | 0.50 | X | 0 | 0 | 0 | ||
| JONATHAN BLUE | ||||||||
| Director | 0.50 | 0.50 | X | 0 | 0 | 0 | ||
| MARGARET HANDMAKER | ||||||||
| Director | 0.50 | 0.50 | X | 0 | 0 | 0 | ||
| ULYSSES L BRIDGEMAN JR | ||||||||
| Director | 0.50 | 0.50 | X | 0 | 0 | 0 | ||
| DR SHIRLEY WILLIHNGANZ | ||||||||
| Executive Vice President | 10.00 | 0 | X | 1925108 | 0 | 0 | ||
| KATHLEEN M SMITH | ||||||||
| Assistant Secretary | 10.00 | 11.00 | X | 1401832 | 45000 | 11837 | ||
| MICHAEL J CURTIN | ||||||||
| Assistant Treasurer | 10.00 | 0.50 | X | 148406 | 0 | 5322 | ||
| DR DONALD M MILLER | ||||||||
| James Graham Brown Cancer Center Director | 0.50 | 0 | 1707561 | 0 | 0 | X | ||
| RONALD KEVIN MILLER | ||||||||
| Exec. Senior Associate Athletic Director - UL Athletics Assoc. | 0.50 | 0 | 219534 | 0 | 0 | X | ||
| THOMAS M JURICH | ||||||||
| Vice President | 10.00 | 0 | 255915 | 0 | 0 | X | ||
| VICKIE YATES BROWN | ||||||||
| President/CEO - Nucleus | 49.50 | 0 | 307993 | 0 | 37516 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 8709921 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 45000 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 575508 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| POWER GRAPHICS INC | |||||
| 11701 COMMONWEALTH DRIVE | LOUISVILLE | KY | 40299 | MARKETING SERVICES | 1346373 |
| CAMBRIDGE ASSOCIATES | |||||
| 125 HIGH STREET | BOSTON | MA | 02110 | INVESTMENT MANAGER | 1256366 |
| TANDEM PUBLIC RELATIONS & MARKETING LLC | |||||
| 304 WEST LIBERTY SUITE 200 | LOUISVILLE | KY | 40202 | CONSULTING | 502836 |
| WELLINGTON TRUST CO NA | |||||
| 280 CONGRESS STREET | BOSTON | MA | 02210 | INVESTMENT MANAGER | 416140 |
| SANDS CAPITAL MANAGEMENT LLC | |||||
| 1101 WILSON BLVD SUITE 2300 | ARLINGTON | VA | 22209 | INVESTMENT MANAGER | 368130 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 26 | NumberOfContractorsGT100K |
| Fundraising Events | 316570 | FundraisingEvents |
| Government Grants | 22500 | GovernmentGrants |
| All Other Contributions | 39140476 | AllOtherContributions |
| Noncash Contributions | 1620304 | NoncashContributions |
| Total Contributions | 39479546 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| Total Revenue ColumnTotalRevenueColumn |
|---|
| 0 |
| 0 |
| 0 |
| 0 |
| 0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7590429 | TotalRevenueColumn |
| Unrelated Business Revenue | -1470137 | UnrelatedBusinessRevenue |
| Exclusion | $9,060,566 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 91468 | TotalRevenueColumn |
| Exclusion | $91,468 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2313005 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 5968121 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -3655116 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -3655116 | TotalRevenueColumn |
| Unrelated Business Revenue | -1880932 | UnrelatedBusinessRevenue |
| Exclusion | -$1,774,184 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 208515980 | Securities |
| Other | 2225522 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 184947104 | Securities |
| Other | 879902 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23568876 | Securities |
| Other | 1345620 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 24914496 | TotalRevenueColumn |
| Exclusion | $24,914,496 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 368252 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 316570 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 563958 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -195706 | TotalRevenueColumn |
| Exclusion | -$195,706 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| PROFESSIONAL FEES AND SERVICES | 611710 | 620994 | 142925 | 478069 |
| ADMINISTRATIVE FEES | 561110 | 450865 | 450865 | |
| INSURANCE RECOVERIES | 900099 | 47771 | 47771 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15946 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15946 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1135576 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 69360693 | TotalRevenueColumn |
| Related Or Exempt Function Income | 657507 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -2873000 | UnrelatedBusinessRevenue |
| Exclusion | $32,096,640 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57000 | Total |
| Program Services | 57000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10273054 | Total |
| Program Services | 10273054 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160000 | Total |
| Program Services | 160000 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 834928 | Total |
| Management And General | 834928 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3158110 | Total |
| Management And General | 3158110 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49564 | Total |
| Management And General | 49564 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22597 | Total |
| Management And General | 22597 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110347 | Total |
| Program Services | 110347 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58254 | Total |
| Management And General | 58254 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1685637 | Total |
| Program Services | 26154 | ProgramServices |
| Management And General | 1659483 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48858314 | Total |
| Program Services | 36276415 | ProgramServices |
| Management And General | 4674094 | ManagementAndGeneral |
| Fundraising | 7907805 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4340034 | Total |
| Program Services | 2469942 | ProgramServices |
| Management And General | 1696411 | ManagementAndGeneral |
| Fundraising | 173681 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1066790 | Total |
| Program Services | 599708 | ProgramServices |
| Management And General | 440027 | ManagementAndGeneral |
| Fundraising | 27055 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1184662 | Total |
| Program Services | 698032 | ProgramServices |
| Management And General | 472681 | ManagementAndGeneral |
| Fundraising | 13949 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2899437 | Total |
| Program Services | 2168988 | ProgramServices |
| Management And General | 720535 | ManagementAndGeneral |
| Fundraising | 9914 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2362228 | Total |
| Program Services | 1823958 | ProgramServices |
| Management And General | 447757 | ManagementAndGeneral |
| Fundraising | 90513 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1143238 | Total |
| Program Services | 894553 | ProgramServices |
| Management And General | 240001 | ManagementAndGeneral |
| Fundraising | 8684 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103474 | Total |
| Management And General | 103474 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2040393 | Total |
| Program Services | 2040393 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108195 | Total |
| Program Services | 6855 | ProgramServices |
| Management And General | 101340 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| LABORATORY AND RESEARCH SUPPORT | 920727 | 762333 | 154597 | 3797 |
| SMALL EQUIPMENT | 3963734 | 3830888 | 132724 | 122 |
| INSTRUCTIONAL AND TRAINING | 402327 | 396538 | 5789 | 0 |
| OTHER FEES | 227298 | 196664 | 30628 | 6 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 959786 | Total |
| Program Services | 104438 | ProgramServices |
| Management And General | 760348 | ManagementAndGeneral |
| Fundraising | 95000 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86990128 | Total |
| Program Services | 62896260 | ProgramServices |
| Management And General | 15763342 | ManagementAndGeneral |
| Fundraising | 8330526 | Fundraising |
Total Joint Costs TotalJointCosts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3439 | BOY |
| EOY | 3336 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15250072 | BOY |
| EOY | 26893519 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29173411 | BOY |
| EOY | 21812165 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2438168 | BOY |
| EOY | 5597213 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1715378 | BOY |
| EOY | 1515378 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 190183 | BOY |
| EOY | 376538 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 131462397 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 21318087 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93244761 | BOY |
| EOY | 110144310 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169972601 | BOY |
| EOY | 163849872 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 559459267 | BOY |
| EOY | 566578906 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50079027 | BOY |
| EOY | 60325085 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 921526307 | BOY |
| EOY | 957096322 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3085631 | BOY |
| EOY | 4355941 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7039239 | BOY |
| EOY | 7013471 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46398684 | BOY |
| EOY | 42684905 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32280403 | BOY |
| EOY | 49067154 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4120099 | BOY |
| EOY | 4120099 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37229957 | BOY |
| EOY | 24561587 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 130154013 | BOY |
| EOY | 131803157 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 172394669 | BOY |
| EOY | 170056353 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225418077 | BOY |
| EOY | 248622143 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 393559548 | BOY |
| EOY | 406614669 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 791372294 | BOY |
| EOY | 825293165 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 921526307 | BOY |
| EOY | 957096322 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -17629435 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 48471069 | ReconciliationUnrealizedInvest |
| Reconcilation Prior Adjustment | 3079237 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 48889250 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 49458052 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 39727598 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 55949088 | CurrentTaxYearMinus1Year |
| Current Tax Year | 39479546 | CurrentTaxYear |
| Total | 233503534 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 48889250 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 49458052 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 39727598 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 55949088 | CurrentTaxYearMinus1Year |
| Current Tax Year | 39479546 | CurrentTaxYear |
| Total | 233503534 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 21760202 | AmountsSubstContributorsTotal |
| Public Support Total170 | 211743332 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 11925294 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9374530 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9255259 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 12425364 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9994902 | CurrentTaxYear |
| Total | 52975349 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 286478883 | TotalSupport |
| Gross Receipts From Admissions Etc | 1271033 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.73910 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.73360 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $165,173 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 165173 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Description of the activities reported on Lines 1a through 1i | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | THE ORGANIZATION INCURRED EXPENSES RELATING TO MEETING WITH LEGISLATORS, POLICY MAKERS, AND LEGISLATIVE STAFF. THESE CONTACTS ENTAILED EMPLOYING THE SERVICES OF OUTSIDE LOBBYISTS AS WELL AS USING INTERNAL STAFF TO PREPARE TALKING POINTS AND OTHER COMMUNICATIONS TO LEGISLATORS AND POLICY MAKERS AS WELL AS ENLISTING PUBLIC SUPPORT FOR THE UNIVERSITY'S POSITION ON ISSUES. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 84775 | RevenuesIncluded |
| Assets In Part X | 2116923 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 692465964 | BeginningOfYearBalance |
| Contributions | 14975035 | Contributions |
| Investment Earnings Or Losses | 67557303 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 7966865 | GrantsOrScholarships |
| Other Expenditures | 23280375 | OtherExpenditures |
| Administrative Expenses | 9218992 | AdministrativeExpenses |
| End Of Year Balance | 734532070 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 739226249 | BeginningOfYearBalance |
| Contributions | 12102614 | Contributions |
| Investment Earnings Or Losses | -22742518 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6729819 | GrantsOrScholarships |
| Other Expenditures | 21996263 | OtherExpenditures |
| Administrative Expenses | 7394299 | AdministrativeExpenses |
| End Of Year Balance | 692465964 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 644498300 | BeginningOfYearBalance |
| Contributions | 13677690 | Contributions |
| Investment Earnings Or Losses | 70964906 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6222255 | GrantsOrScholarships |
| Other Expenditures | -21353653 | OtherExpenditures |
| Administrative Expenses | 5046045 | AdministrativeExpenses |
| End Of Year Balance | 739226249 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 599240855 | BeginningOfYearBalance |
| Contributions | 7657597 | Contributions |
| Investment Earnings Or Losses | 78595177 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6179520 | GrantsOrScholarships |
| Other Expenditures | 27742512 | OtherExpenditures |
| Administrative Expenses | 7073297 | AdministrativeExpenses |
| End Of Year Balance | 644498300 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 741052668 | BeginningOfYearBalance |
| Contributions | 8982106 | Contributions |
| Investment Earnings Or Losses | -116223892 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6075646 | GrantsOrScholarships |
| Other Expenditures | 22767748 | OtherExpenditures |
| Administrative Expenses | 5726633 | AdministrativeExpenses |
| End Of Year Balance | 599240855 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.24350 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.74740 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00910 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41872584 | OtherCostOrOtherBasis |
| Book Value | 41872584 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 31964249 | OtherCostOrOtherBasis |
| Depreciation | 6380546 | Depreciation |
| Book Value | 25583703 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15773122 | OtherCostOrOtherBasis |
| Depreciation | 9475844 | Depreciation |
| Book Value | 6297278 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41852442 | OtherCostOrOtherBasis |
| Depreciation | 5461697 | Depreciation |
| Book Value | 36390745 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 110144310 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MARKETABLE ALTERNATIVES | 143907273 | F |
| INVESTMENT IN PARTNERSHIPS | 415715968 | F |
| MISCELLANEOUS INVESTMENTS | 1474484 | C |
| EQUITY METHOD INVESTMENTS | 5481181 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 566578906 | TotalOfBookValueSecurities |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| OTHER ASSETS | 630588 |
| FUNDS HELD BY OTHERS | 46749000 |
| INTERCOMPANY RECEIVABLES | 12945497 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 60325085 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DUE TO UNIVERSITY OF LOUISVILLE | $11,631,888 |
| DEPOSITS | $31,675 |
| ANNUITIES AND TRUSTS PAYABLE | $4,898,731 |
| DEFERRED COMPENSATION | $6,703,213 |
| OTHER LONG-TERM LIABILITIES | $1,296,080 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 24561587 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Collections of art - description of collections | Schedule D, Part III, Line 4 | HISTORICAL COLLECTIONS INCLUDE RARE MATERIALS, SCULPTURES AND OTHER PIECES OF ART AND RARE BOOKS. |
| Explanation of escrow agreement | Schedule D, Part IV, Line 2b | THE ORGANIZATION IS THE CUSTODIAN OF FUNDS OWNED BY THE UNIVERSITY OF LOUISVILLE ATHLETICS ASSOCIATION (THE ASSOCIATION). THE ASSOCIATION IS A SEPARATE CORPORATION ORGANIZED FOR THE PURPOSE OF PROMOTING THE INTERCOLLEGIATE ATHLETIC ACTIVITIES OF THE UNIVERSITY OF LOUISVILLE. THE ORGANIZATION SERVES IN AN AGENCY CAPACITY AND INVESTS FUNDS ON BEHALF OF THE ASSOCIATION BASED ON A FORMAL TRUST AGREEMENT. AS OF JUNE 30, 2013, THE ORGANIZATION HELD APPROXIMATELY $32.7 MILLION FOR THE ASSOCIATION'S INVESTMENT PURPOSES. DURING THE YEAR ENDED JUNE 30, 2005, THE ORGANIZATION ENTERED INTO AN AGREEMENT WITH JEWISH HOSPITAL & ST. MARY'S HEALTHCARE, INC. (JEWISH HOSPITAL) WHEREBY THE ORGANIZATION SERVES IN AN AGENCY CAPACITY TO INVEST FUNDS ON BEHALF OF JEWISH HOSPITAL. JEWISH HOSPITAL IS A SEPARATE CORPORATION ORGANIZED FOR THE PURPOSE OF PROVIDING HEALTHCARE SERVICES. AS OF JUNE 30, 2013, THE ORGANIZATION HELD APPROXIMATELY $9.7 MILLION FOR JEWISH HOSPITAL'S INVESTMENT PURPOSES. DURING THE YEAR ENDED JUNE 30, 2011, THE ORGANIZATION WAS THE RECIPIENT OF ENDOWED FUNDS, THE INCOME OF WHICH SHALL BE USED IN SUPPORT OF THE LOUISVILLE ORCHESTRA. AS OF JUNE 30, 2013, THE ORGANIZATION HELD APPROXIMATELY $0.2 MILLION FOR THE BENEFIT OF THE LOUISVILLE ORCHESTRA. THE ORGANIZATION, ACTING IN AN AGENT CAPACITY, DOES NOT REFLECT EARNINGS ON INVESTMENTS HELD IN TRUST FOR OTHERS IN ITS REVENUES AS THESE EARNINGS ARE DISTRIBUTED TO THE OWNERS OF THE FUNDS. |
| Intended uses of endowment funds | Schedule D, Part V, Line 4 | THE INTENDED USE OF THE UNIVERSITY OF LOUISVILLE FOUNDATION INC'S ENDOWMENTS FALL INTO 8 CATEGORIES: INSTRUCTION, RESEARCH, PUBLIC SERVICE, ACADEMIC SUPPORT, STUDENT SERVICES, INSTITUTIONAL SUPPORT, MAINTENANCE AND OPERATION OF PHYSICAL PLANT, AND STUDENT FINANCIAL AID. THE GREATEST AMOUNT OF FUNDS PROVIDED FOR SPENDING ARE FOR RESEARCH AND STUDENT FINANCIAL AID. |
| FIN 48 (ASC 740) footnote | Schedule D, Part X, Line 2 | THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE FOUNDATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH A FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATION BY TAX AUTHORITIES PRIOR TO FISCAL YEAR 2010. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | 138657030 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | INVESTMENTS | 477601 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 139134631 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|---|
| GRAWEMEYER AWARDS | NORTH AMERICA (CANADA & MEXICO ONLY) | 1 | 20000 | WIRE TRANSFER |
| GRAWEMEYER AWARDS | EUROPE (INCLUDING ICELAND AND GREENLAND) | 4 | 100000 | WIRE TRANSFER |
| GRAWEMEYER AWARDS | EAST ASIA AND THE PACIFIC | 1 | 40000 | WIRE TRANSFER |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | JULEP BALL | NameOfEvent1 |
| Gross Receipts Event1 | 587086 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 263683 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 323403 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 1409 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 13400 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 154754 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 197540 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 165535 | OtherDirectExpensesEvent1 |
| Name Of Event2 | HATS FOR HOPE | NameOfEvent2 |
| Gross Receipts Event2 | 97736 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 52887 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 44849 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 2623 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 26434 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 2263 | OtherDirectExpensesEvent2 |
| Gross Revenue Other Events | 0 | GrossRevenueOtherEvents |
| Gross Receipts Total | 684822 | GrossReceiptsTotal |
| Charitable Contributions Total | 316570 | CharitableContributionsTotal |
| Gross Revenue Total Events | 368252 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 1409 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 16023 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 181188 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 197540 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 167798 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 563958 | DirectExpenseSummaryEvents |
| Net Income Summary | -195706 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF LOUISVILLE SCHOOL OF MEDICINE | ||||||||
| 530 S JACKSON ST | LOUISVILLE | KY | 40202 | 611014882 | 501(C)(1) | 7000 | SUPPORT FOR UNIT LAB ADVOCATES | |
| CHILDREN'S HOSPITAL FOUNDATION | ||||||||
| 234 E GRAY STREET | LOUISVILLE | KY | 40202 | 616027530 | 501(C)(3) | 5000 | SPONSORSHIP | SUITE 450 |
| MEDICAL INFORMATICS CORP | ||||||||
| 2211 MARONEAL ST | HOUSTON | TX | 77030 | 273905165 | N/A | 15000 | CARDINAL CHALLENGE PRIZE | |
| HISTORIC HOMES FOUNDATION INC | ||||||||
| 3110 LEXINGTON RD | LOUISVILLE | KY | 40206 | 610549274 | 501(C)(3) | 20000 | SPONSORSHIP | |
| METRO UNITED WAY | ||||||||
| PO BOX 950148 | LOUISVILLE | KY | 40295 | 610444680 | 501(C)(3) | 10000 | GENERAL SUPPORT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| GRAWEMEYER AWARDS | 19 | 500000 |
| SCHOLARSHIPS | 2378 | 9576531 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedures for monitoring use of grant funds | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | THE ORGANIZATION HAS BEEN DESIGNATED BY THE UNIVERSITY OF LOUISVILLE TO RECEIVE FUNDS DERIVED FROM GIFTS AND OTHER SOURCES. AS GUIDED BY ITS BOARD OF DIRECTORS, THE ORGANIZATION TRANSFERS FUNDS TO THE UNIVERSITY IN SATISFACTION OF DONOR RESTRICTIONS. THESE TRANSFERS OCCUR VIA THE ORGANIZATION'S COST SHARING POLICY. COSTS CAN ORIGINATE WITH THE FUNDING OF SALARIES, RESEARCH GRANTS, SCHOLARSHIPS, ETC. IT IS THE RESPONSIBILITY OF THE ORGANIZATION TO VERIFY THAT THE COST SHARE EXPENSE IS ALLOWABLE BY THE ENDOWMENT OR GIFT PROGRAM AND THAT SUCH ENDOWMENT OR GIFT PROGRAM HAS SUFFICIENT FUNDS TO COVER THE TRANSFER. SPONSORED PROGRAMS IS THE AREA RESPONSIBLE FOR MONITORING THE USE OF GRANT FUNDS AND ALL GOVERNMENT REPORTING. THE GRAWEMEYER AWARDS ARE AMONG THE WORLD'S MOST PRESTIGIOUS AWARDS PRESENTED TO INDIVIDUALS IN THE FIELDS OF EDUCATION, IDEAS IMPROVING WORLD ORDER, MUSIC COMPOSITION, RELIGION AND PSYCHOLOGY. H. CHARLES GRAWEMEYER CREATED THE AWARDS IN 1984 WITH AN INITIAL ENDOWMENT OF $9 MILLION AND SINCE THEN IT HAS DRAWN THOUSANDS OF NOMINATIONS FROM AROUND THE WORLD. GRAWEMEYER DISTINGUISHED THE AWARDS BY HONORING IDEAS RATHER THAN LIFE-LONG ACHIEVEMENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR DONALD M MILLER | ||||||||||||||
| JAMES GRAHAM BROWN CANCER CENTER DIRECTOR | 0 | 0 | 0 | 0 | 1707561 | 0 | 0 | 0 | 0 | 0 | 1707561 | 0 | 0 | 0 |
| DR JAMES R RAMSEY | ||||||||||||||
| PRESIDENT | 270260 | 0 | 0 | 0 | 2473312 | 0 | 520833 | 0 | 0 | 0 | 3264405 | 0 | 330357 | 0 |
| DR SHIRLEY WILLIHNGANZ | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | 45646 | 0 | 0 | 0 | 1879462 | 0 | 0 | 0 | 0 | 0 | 1925108 | 0 | 150000 | 0 |
| KATHLEEN M SMITH | ||||||||||||||
| ASSISTANT SECRETARY | 67430 | 45000 | 0 | 0 | 1334402 | 0 | 6859 | 0 | 4978 | 0 | 1413669 | 45000 | 120362 | 0 |
| MICHAEL J CURTIN | ||||||||||||||
| ASSISTANT TREASURER | 37746 | 0 | 0 | 0 | 110660 | 0 | 3785 | 0 | 1537 | 0 | 153728 | 0 | 30000 | 0 |
| RONALD KEVIN MILLER | ||||||||||||||
| EXEC. SENIOR ASSOCIATE ATHLETIC DIRECTOR - UL ATHLETICS ASSOC. | 0 | 0 | 0 | 0 | 219534 | 0 | 0 | 0 | 0 | 0 | 219534 | 0 | 0 | 0 |
| THOMAS M JURICH | ||||||||||||||
| VICE PRESIDENT | 255915 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 255915 | 0 | 0 | 0 |
| VICKIE YATES BROWN | ||||||||||||||
| PRESIDENT/CEO - NUCLEUS | 306019 | 0 | 0 | 0 | 1974 | 0 | 25000 | 0 | 12516 | 0 | 345509 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Tax indemnification and gross-up payments | Schedule J, Part I, Line 1a | DR. JAMES RAMSEY, DR. SHIRLEY WILLIHNGANZ, KATHLEEN SMITH, MICHAEL CURTIN, RONALD K. MILLER, AND DR. DONALD MILLER WERE PROVIDED TAX GROSS-UP PAYMENTS RELATING TO A SECTION 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN. THESE GROSS-UPS WERE CALCULATED AND PAYABLE WHENEVER AS CONTRIBUTED UNDER THE PLAN WERE VESTED AND BECAME PAYABLE DURING 2012. ALL TAX GROSS-UPS WERE REPORTED AND TAXED ACCORDINGLY. ADDITIONALLY, DR. JAMES RAMSEY IS PROVIDED TAX GROSS-UPS RELATING TO PREMIUMS PAID BY THE ORGANIZATION FOR A LONG-TERM CARE INSURANCE BENEFIT AND A SUPPLEMENTAL DISABILITY INSURANCE BENEFIT. THESE GROSS-UPS ARE TAXED ACCORDINGLY. |
| Health or social club dues or initiation fees | Schedule J, Part I, Line 1a | COUNTRY CLUB DUES ARE PAID ON BEHALF OF DR. JAMES RAMSEY. MEMBERSHIP IS PRIMARILY USED TO CONDUCT THE BUSINESS OF THE ORGANIZATION. LOGS ARE REQUIRED TO DETERMINE TAXABLE COMPENSATION FROM COUNTRY CLUB DUES IN THE EVENT THAT ANY OF THE USE IS PERSONAL. |
| Supplemental nonqualified retirement plan | Schedule J, Part I, Line 4b | THE FOLLOWING AMOUNTS RELATING TO A SECTION 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN VESTED DURING CALENDAR YEAR 2012: DR. JAMES RAMSEY - $2,358,546 DR. SHIRLEY WILLIHNGANZ - $1,768,457 DONALD MILLER - $1,707,561 KATHLEEN SMITH - $1,314,469 RONALD MILLER - $219,534 MICHAEL CURTIN - $108,674 THESE VESTED AMOUNTS REPRESENT COMPENSATION FOR LONGEVITY OF SERVICE TO THE FOUNDATION AND INCLUDE TAX GROSS-UPS WHERE APPLICABLE. IN ADDITION TO THE ABOVE, $520,833 IN DEFERRED COMPENSATION WAS ACCRUED BY THE FOUNDATION FOR DR. JAMES RAMSEY DURING THE YEAR AS PER HIS REVISED EMPLOYMENT AGREEMENT. THIS COMPENSATION VESTS IN INCREMENTS OF TWO YEARS OVER A TEN-YEAR PERIOD PROVIDED DR. RAMSEY REMAINS EMPLOYED BY THE ORGANIZATION ON THOSE VESTING DATES. |
| REPORTABLE COMPENSATION | SCHEDULE J, PART II | AMOUNTS REPORTED ON PART VII AND ON SCHEDULE J INCLUDE COMPENSATION PAID BY THE FILING ENTITY ONLY AND DO NOT INCLUDE COMPENSATION PAID BY THE UNIVERSITY OF LOUISVILLE, WHICH IS NOT A CONTROLLING ENTITY AND IS UNRELATED TO THE FILING ORGANIZATION FOR FORM 990 REPORTING PURPOSES. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 35 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 509276 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 6752 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 47045 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Cars And Other Vehicles CarsAndOtherVehicles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 17000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 11517 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 11 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 522 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 12985 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Drugs And Medical Supplies DrugsAndMedicalSupplies
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 8401 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (6 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | EQUIPMENT | 39 | 644462 | MARKET VALUE |
| X | FURNITURE | 6 | 25125 | MARKET VALUE |
| X | GIFT CERTIFICATES | 10 | 1156 | MARKET VALUE |
| X | SOFTWARE | 1 | 267000 | MARKET VALUE |
| X | MUSICAL INSTRUMENTS | 1 | 33000 | MARKET VALUE |
| X | OTHER | 31 | 36063 | MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Third parties used to solicit, process, or sell noncash contributions | Schedule M, Part I, Line 32b | ON OCCASION THE FOUNDATION USES REAL ESTATE AGENTS TO SELL REAL PROPERTY AND PROFESSIONAL ART DEALERS TO SELL ARTWORK. |
| COLUMN (B) NUMBER CONTRIBUTIONS | SCHEDULE M, PART I | ALL AMOUNTS IN COLUMN (B) REFLECT NUMBER OF CONTRIBUTIONS RATHER THAN NUMBER OF INDIVIDUAL ITEMS DONATED. |
| Number of contributions or items contributed. | Schedule M, part I, column (b), Line 1 | |
| Number of contributions or items contributed. | Schedule M, part I, column (b), Line 4 | |
| Number of contributions or items contributed. | Schedule M, part I, column (b), Line 5 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EMPLOYMENT TAX RETURNS | FORM 990, PART V, LINE 2B | THE ORGANIZATION'S COMMON PAYMASTER, THE UNIVERSITY OF LOUISVILLE, FILES ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS ON BEHALF OF THE ORGANIZATION. |
| Delegate broad authority to a committee | Form 990, Part VI, Section A, Line 1a | THE EXECUTIVE COMMITTEE CONSISTS OF FIVE INDIVIDUALS ALL OF WHOM ARE DIRECTORS OF THE UNIVERSITY OF LOUISVILLE FOUNDATION, INC. THE EXECUTIVE COMMITTEE MAY HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD, BUT MAY NOT HAVE THE AUTHORITY OF THE BOARD IN REFERENCE TO AMENDING, ALTERING, OR REPEALING THE ORGANIZATION'S BY-LAWS; ELECTING, ALTERING OR REMOVING ANY MEMBER OF THE EXECUTIVE COMMITTEE ITSELF NOR ANY DIRECTOR OR OFFICER OF THE ORGANIZATION; AMENDING OR RESTATING THE ARTICLES OF INCORPORATION; ADOPTING A PLAN OF MERGER, OR ADOPTING A PLAN OF CONSOLIDATION, WITH ANOTHER CORPORATION; AUTHORIZING THE SALE, LEASE, EXCHANGE OR MORTGAGE OF SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE ORGANIZATION; AUTHORIZING THE VOLUNTARY DISSOLUTION OF THE ORGANIZATION OR REVOKING PROCEEDINGS THEREFOR; ADOPTING A PLAN FOR THE DISTRIBUTION OF THE ASSETS OF THE ORGANIZATION OR AMENDING, ALTERING, OR REPEALING ANY RESOLUTION OF THE BOARD WHICH BY ITS TERMS PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED OR REPEALED BY SUCH COMMITTEE; OR DOING ANY OTHER ACT FORBIDDEN BY LAW OR BY THE ARTICLES OF INCORPORATION. |
| Review of form 990 by governing body | Form 990, Part VI, Section B, Line 11b | UNIVERSITY OF LOUISVILLE FINANCE PERSONNEL AND AN OUTSIDE FIRM PREPARED THE RETURN. A COPY OF THE RETURN WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. |
| Conflict of interest policy | Form 990, Part VI, Section B, Line 12c | IF AN ITEM IS PRESENTED TO THE BOARD OF DIRECTORS (OR ANY OTHER POLICY BOARD) FOR ACTION, E.G., PURCHASE OF PROPERTY, MERGING WITH ANOTHER ENTITY, BUYING SERVICES, ETC., THE BOARD MEMBER WILL DISCLOSE HIS OR HER POSSIBLE CONFLICT OF INTEREST AND MUST RECUSE HIMSELF OR HERSELF FROM VOTING. THE BOARD MEMBER ALSO AVOIDS PARTICIPATING IN ANY DECISION OR ADVOCATING FOR ANY DECISION OF THE BOARD. IN SOME CIRCUMSTANCES, E.G., WHEN THE CONFLICT OF THE BOARD MEMBER PLACES THE BOARD MEMBER IN COMPETITION WITH THE UNIVERSITY, THE BOARD MEMBER WILL LEAVE THE BOARD MEETING DURING DISCUSSION OR UPDATE ON THE ACTION. BEFORE ANY MEETING OF THE VARIOUS BOARDS, AN AGENDA IS CIRCULATED TO EACH MEMBER OR DIRECTOR WITH DESCRIPTIONS OF THE ACTION ITEMS. THIS ALLOWS SUFFICIENT TIME FOR ANY BOARD MEMBER OR DIRECTOR TO ALERT THE BOARD ABOUT A POTENTIAL CONFLICT OF INTEREST. PAST PRACTICE INCLUDES WRITTEN DISCLOSURE BY THE BOARD MEMBER OUTLINING: (1) THAT A CONFLICT OF INTEREST MAY EXIST; (2) THE NATURE AND EXTENT OF THE CONFLICT; AND (3) THE DESCRIPTION AND POTENTIAL BENEFIT, DIRECT OR INDIRECT, TO THE MEMBER OF THE BOARD. THIS INFORMATION WILL BE SUPPLIED TO LEGAL COUNSEL AND THE ENTIRE BOARD AHEAD OF THE MEETING, AND A COPY OF THE INFORMATION WILL BE MAINTAINED IN THE BOARD MEMBER'S FILE. |
| Process used to establish compensation of top management official | Form 990, Part VI, Section B, Line 15a | THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL INVOLVED ALL OF THE FOLLOWING ELEMENTS: - DATA GATHERING AND ANALYSIS OF COMPENSATION AT COMPARABLY SIZED ORGANIZATIONS ALONG WITH BENCHMARKING AGAINST OTHER QUALIFIED OFFICIALS IN SIMILARLY SITUATED POSITIONS; - REVIEW AND APPROVAL BY AN INDEPENDENT PERSONNEL COMMITTEE; - REVIEW AND APPROVAL BY THE INDEPENDENT BOARD OF DIRECTORS OF THE ORGANIZATION PURSUANT TO FEEDBACK FROM THE PERSONNEL COMMITTEE; AND - CONTEMPORANEOUS DOCUMENTATION OF THE COMPENSATION DETERMINATION PROCESS BY THE PERSONNEL COMMITTEE AND THE BOARD OF DIRECTORS IN EACH BODY'S RESPECTIVE MINUTES. THE ABOVE PROCESS WAS USED IN 2012. |
| Governing documents, conflict of interest policy and financial statements available to the public | Form 990, Part VI, Section C, Line 19 | THE ORGANIZATION'S FINANCIAL STATEMENTS, FORMS 990, CONFLICT OF INTEREST POLICY, JOINT VENTURE POLICY, NON-RETALIATION POLICY, DOCUMENT INTEGRITY POLICY, AND WHISTLEBLOWER POLICY ARE AVAILABLE AT WWW.LOUISVILLEFOUNDATION.ORG. ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| REPORTABLE COMPENSATION | FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (D) | AMOUNTS REPORTED IN COLUMN (D) INCLUDE DEFERRED COMPENSATION FOR LONGEVITY OF SERVICE WHICH VESTED DURING CALENDAR YEAR 2012. |
| Other Expenses | Form 990, Part IX, Line 11g | ALLOCATED SALARIES & BENEFITS OF UNIVERSITY EMPLOYEES - TOTAL EXPENSE: 42751532, PROGRAM SERVICE EXPENSE: 33030443, MANAGEMENT AND GENERAL EXPENSES: 2341762, FUNDRAISING EXPENSES: 7379327; CONSULTING - TOTAL EXPENSE: 2132586, PROGRAM SERVICE EXPENSE: 328255, MANAGEMENT AND GENERAL EXPENSES: 1452154, FUNDRAISING EXPENSES: 352177; OTHER SERVICES - TOTAL EXPENSE: 3974196, PROGRAM SERVICE EXPENSE: 2917717, MANAGEMENT AND GENERAL EXPENSES: 880178, FUNDRAISING EXPENSES: 176301; |
| PRIOR PERIOD ADJUSTMENT | FORM 990, PART XI, LINE 8 | ADJUST NET ASSETS TO REMOVE AFFILIATED COMPANY LOAN ACTIVITY THAT WAS ERRONEOUSLY INCLUDED ON ORGANIZATION'S PRIOR YEAR FORM 990. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (7 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF LOUISVILLE DEVELOPMENT CORPORATION LLC | |||||||||
| 103 GRAWMEYER HALL UNIV LOUISVILLE | LOUISVILLE | KY | 40292 | 263416894 | REAL ESTATE | KY | -2031848 | 16093604 | UNIVERSITY OF LOUISVILLE FOUNDATION INC |
| NUCLEUS KENTUCKY'S LIFE SCIENCES AND INNOVATION CENTER LLC | |||||||||
| 103 GRAWEMEYER HALL UNIV LOUISVILLE | LOUISVILLE | KY | 40292 | 263416972 | REAL ESTATE | KY | -763409 | 19346262 | UNIVERSITY OF LOUISVILLE FOUNDATION INC |
| PHOENIX PLACE-LOUISVILLE LLC | |||||||||
| 103 GRAWEMEYER HALL UNIV LOUISVILLE | LOUISVILLE | KY | 40292 | 270264868 | REAL ESTATE | KY | 31860 | 5094685 | UNIVERSITY OF LOUISVILLE FOUNDATION INC |
| KYT-LOUISVILLE LLC | |||||||||
| 103 GRAWEMEYER HALL UNIV LOUISVILLE | LOUISVILLE | KY | 40292 | 264771802 | REAL ESTATE | KY | -2383822 | 28880183 | UNIVERSITY OF LOUISVILLE FOUNDATION INC |
| AAF-LOUISVILLE LLC DBA CARDINAL STATION LLC | |||||||||
| 103 GRAWMEYER HALL UNIV LOUISVILLE | LOUISVILLE | KY | 40292 | 263061274 | REAL ESTATE | KY | 172457 | 8514488 | UNIVERSITY OF LOUISVILLE FOUNDATION INC |
| METACYTE EQUITY HOLDINGS LLC | |||||||||
| 103 GRAWMEYER HALL UNIV LOUISVILLE | LOUISVILLE | KY | 40292 | HOLDING COMPANY (INACTIVE) | KY | 0 | 0 | UNIVERSITY OF LOUISVILLE FOUNDATION INC | |
| MINERVA-LOUISVILLE LLC | |||||||||
| 103 GRAWMEYER HALL UNIV LOUISVILLE | LOUISVILLE | KY | 40292 | 455604157 | ADMINISTRATIVE | KY | -3207204 | 30148 | UNIVERSITY OF LOUISVILLE FOUNDATION INC |
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY HOLDINGS INC | |||||||||
| UNIVERSITY OF LOUISVILLE | LOUISVILLE | KY | 40292 | MANAGEMENT SERVICES | KY | 501(C)(3) | 11 - Type II | UNIVERSITY OF LOUISVILLE FOUNDATION INC | true |
| ULH INC | |||||||||
| UNIVERSITY OF LOUISVILLE | LOUISVILLE | KY | 40292 | STUDENT HOUSING | KY | 501(C)(3) | 11 - Type II | UNIVERSITY OF LOUISVILLE FOUNDATION INC | true |
| LOUISVILLE MEDICAL CENTER DEVELOPMENT CORPORATION | |||||||||
| 201 E JEFFERSON ST | LOUISVILLE | KY | 40202 | MEDICAL DEVELOPMENT FINANCING | KY | 501(C)(3) | 7 | UNIVERSITY OF LOUISVILLE FOUNDATION INC | true |
Form990 Schedule R Part III Form990ScheduleRPartIII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | Code VCodeVAmount | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CAMPUS ONE LLC | ||||||||||||||
| 600 N HURSTBOURNE PKWY SUITE 300 | LOUISVILLE | KY | 40222 | 273900405 | REAL ESTATE | KY | UNIVERSITY OF LOUISVILLE DEVELOPMENT CORPORATION LLC | UNRELATED | -2199847 | 5097462 | false | -$1,363,905 | false | 0 |
| CAMPUS TWO LLC | ||||||||||||||
| 600 N HURSTBOURNE PKWY SUITE 300 | LOUISVILLE | KY | 40222 | 455319715 | REAL ESTATE | KY | UNIVERSITY OF LOUISVILLE DEVELOPMENT CORPORATION LLC | EXCLUDED | -533 | 83668 | false | false | 0 | |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Percentage OwnershipPercentageOwnership | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|---|
| METACYTE BUSINESS LAB LLC | ||||||||||
| 103 GRAWEMEYER HALL | LOUISVILLE | KY | 40292 | 161657492 | RESEARCH | KY | UNIVERSITY OF LOUISVILLE FOUNDATION INC | C CORPORATION | 0 | |
| CHARITABLE REMAINDER TRUSTS (14) | ||||||||||
| INVESTMENTS | KY | TRUST | N/A | |||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| UNIVERSITY HOLDINGS INC | ||
| A | 493052 | AMOUNT PAID |
| UNIVERSITY HOLDINGS INC | ||
| D | 12945634 | ACTUAL LOAN BALANCE |
| CAMPUS ONE LLC | ||
| B | 501940 | ACTUAL CAPITAL CONTRIBUTED |
| CAMPUS TWO LLC | ||
| B | 300951 | ACTUAL CAPITAL CONTRIBUTED |