2013-05-10T16:35:03-05:00 2012-06-30 KPMG LLP 1918 Eighth Avenue Suite 2900 Seattle WA 98101 990 2011-07-01 237083114 OREGON HEALTH & SCIENCE UNIVERSITY FOUNDATION % LORI MUELLER VP FIN & AD OREG 5032281730 1121 SW SALMON STREET 100 PORTLAND OR 972052021 LORI MUELLER 2013-05-10 true 2069134000 2011 2016-02-24 21:20:13Z CONSTANCE FRENCH 1121 SW SALMON STREET 100 PORTLAND OR 972052021 224349435 false X WWW.OHSUFOUNDATION.ORG X 1970 OR OHSUF IS A NONPROFIT ORGANIZATION ESTABLISHED IN 1970 DEDICATED TO SECURE PRIVATE PHILANTHROPIC SUPPORT FOR OHSU AND TO INVEST AND MANAGE GIFTS RESPONSIBLY IN ACCORDANCE WITH DONORS' WISHES. 55 48 153 100 -298829 0 64195945 47978173 3605635 3878047 29914221 23334062 -44546 132982 97671255 75323264 82427801 61778705 0 0 9106328 10458261 0 0 6882276 3437467 3674210 94971596 75911176 2699659 -587912 682692950 664059620 37356769 44868095 645336181 619191525 X OREGON HEALTH & SCIENCE UNIVERSITY FOUNDATION IS A NONPROFIT ORGANIZATION ESTABLISHED IN 1970 DEDICATED TO SECURE PRIVATE PHILANTHROPIC SUPPORT FOR OHSU AND TO INVEST AND MANAGE GIFTS RESPONSIBLY IN ACCORDANCE WITH DONORS' WISHES. false false 62324239 61725843 3672301 Contributions, grants, transfers to Oregon Health and Science University for research leading to the prevention and treatment of disease, teaching, and institutional support and maintenance. See Schedule O for more information. 52862 52862 52862 Grants and transfers to support programs of other charitable, medical, and educational organizations. 62377101 true true false false true false false false true true true false false true false true true false false false false false false true false false true false true false false false false false true false true true true false false false true true false false false true 226 0 true 153 true true true true UK false false false true true false false false false false false false X 55 48 true false false false false false false true true false false false true true true true true true true false OR WA X LORI MUELLER VP FIN AD 5032281730 1121 SW SALMON STREET 100 PORTLAND OR 97205 X William A Berg 1.0 X 0 0 0 Maureen D Casey 1.0 X 0 0 0 Truman W Collins Jr 1.0 X 0 0 0 Gregory A Chaill 1.0 X 0 0 Alice B Davies 1.0 X 0 0 John W Dixon 1.0 X 0 Ruth J Fisher 1.0 X 0 Lori B Flexer CFA 1.0 X 0 Mark P Goodman 1.0 X 0 Walter H Grebe JD 1.0 X 0 Patrick J Green JD 1.0 X 0 Robert S Gregg 1.0 X 0 Lillian G Harewood DMD 1.0 X 0 J Clayton Hering 1.0 X 0 Tony L Hopson Sr 1.0 X 0 Stephen T Janik JD 1.0 X 0 James B Jeddeloh 1.0 X 0 Elizabeth K Johnson 1.0 X 0 Kelly J Johnson 1.0 X 0 John W Kendall MD 1.0 X 0 Sharon A LaCroix Kitzhaber 1.0 X 0 Norwood W Knight-Richardson 1.0 X 0 784568 35364 Peter O Kohler MD 1.0 X 12000 Ruth H Layton 1.0 X 0 Tamara L Lundgren 1.0 X 0 Joseph D Matarazzo PhD 1.0 X 0 Marcus C Mundy 1.0 X 0 Greg Ness 1.0 X 0 Peter C Olson 1.0 X 0 Shirley N Pap RD 1.0 X 0 Stephen S Pawlowski 1.0 X 0 Carmen E Phillips 1.0 X 0 Maria M Pope 1.0 X 0 Robert L Ridgley JD 1.0 X 0 Joseph E Robertson Jr MD 1.0 X 1223542 102649 Richard A Royse 1.0 X 0 Arlene D Schnitzer 1.0 X 0 Mina M Schnitzer 1.0 X 0 Rob Shick 1.0 X 0 M Susan Smith PhD 1.0 X 0 119896 11708 Patricia L Smith 1.0 X 0 Gordon D Sondland 1.0 X 0 Nicholas J Stanley 1.0 X 0 Julie Neupert Stott 1.0 X 0 William R Swindells 1.0 X 0 Ronald E Timpe 1.0 X 0 Ann A Usher 1.0 X 0 Malia H Wasson 1.0 X 0 Roderick C Wendt 1.0 X 0 James H Winkler 1.0 X 0 Keith L Thomson 1.0 X X 0 0 0 Robert D Kraus 1.0 X X 0 0 0 Robert G Gootee 1.0 X X 0 0 0 Gary W Reynolds CPA 1.0 X X 0 0 0 Ann P Edlen 1.0 X X 0 0 0 Janet Fratella 40.0 X 124932 0 35305 Constance French 40.0 X 281710 0 53913 Joy McCammon 40.0 X 116431 0 24669 Lori Mueller 40.0 X 174108 0 43382 Sarah Panetta 40.0 X 190534 0 22183 Mary Turina 40.0 X 112420 0 6875 Rebecca Auman 40.0 X 111400 0 28127 Drew Hunsinger 40.0 X 131289 0 26608 William P Sommerfeld 40.0 X 116232 0 24330 Rachel Hunsinger 40.0 X 115642 0 24215 Lori Sweeney 40.0 X 108429 0 34845 Allan Price 40.0 X 504054 0 55132 Susan Nicol 40.0 X 206529 0 31955 2293710 2140006 561260 18 true true false CAMBRIDGE ASSOCIATES LLC PO BOX 10317 UNIONDALE NY 115550317 INVESTMENT EXP-ENDOW 629885 KPMG LLP PO BOX 120001 DALLAS TX 753120771 ACCOUNTING SERVICES 252818 TONKON TORP LLP 888 SW FIFTH AVENUE 1600 PIONEER T PORTLAND OR 972042099 LEGAL SERVICES 104081 3 17213 308451 161227 47491282 9317618 47978173 ALUMNI/OUTREACH ACTIVITY 900099 319975 319975 EDUCATION OF PUBLIC 900099 1610880 1610880 MANAGEMENT SERVICE FEES 900099 1794308 1794308 RESEARCH ACTIVITY AGMTS 900099 152884 152884 3878047 13206466 -298829 13505295 0 0 104099167 55002725 97654819 51319477 6444348 3683248 10127596 10127596 184857 308451 51875 132982 132982 0 0 0 75323264 3725163 -298829 23918757 61778705 61778705 0 0 0 1624658 56934 885019 682705 0 6443455 273147 2853838 3316470 490714 25253 186149 279312 1259353 60768 631788 566797 640081 27919 304455 307707 0 186039 10304 112366 63369 231670 19460 212210 0 0 0 0 538128 26739 291588 219801 137407 1146 12493 123768 620167 26879 293104 300184 236800 17883 195010 23907 0 394537 14133 154112 226292 136118 4449 48521 83148 0 71409 2804 30580 38025 0 0 152032 12771 139261 0 42490 3569 38921 DONOR CULTIVATION 427578 427578 OTHER INVESTMENT EXPENSES 66262 66262 OTHER FUNDRAISING 223213 223213 OTHER MGMT & ADMIN 196122 196122 14238 14238 75911176 62377101 6651799 6882276 2917819 1598347 15951115 21919955 92585675 76092607 2039354 1616100 0 0 0 0 1300000 2927680 0 0 68569 58997 1752076 1201574 547350 550502 379905160 369544533 181051125 180716854 0 0 0 0 6326783 9034045 682692950 664059620 2080977 2118868 0 0 0 0 0 0 0 0 0 0 0 0 0 0 35275792 42749227 37356769 44868095 X 493271850 457508703 547350 550502 151516981 161132320 645336181 619191525 682692950 664059620 X -587912 -25556744 X false true true X false X 53540188 92656010 44879952 64195945 47978173 303250268 53540188 92656010 44879952 64195945 47978173 303250268 5883364 297366904 13443262 14400561 12334425 12651500 13206466 66036214 48491 48819 0 40945 0 138255 136564 107595 182122 283539 184857 894677 370319414 3878047 0.80300 0.82320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 33333 1126938 true true 322677794 15219525 -6437830 1982075 10887324 4758655 313831435 264921832 22748851 52587529 1938852 10973004 4668562 322677794 244903795 8803340 27631831 1690536 11671717 3054881 264921832 322760382 11431155 -71518318 1655370 12445471 3668583 244903795 0.37930 0.61040 0.01030 false false 327719 145942 181777 1424357 1055632 368725 550502 EQUITIES 116912278 F OTHER LONG-TERM INVESTMENTS 62117026 F OTHER SHORT-TERM INVESTMENTS 1687550 F 180716854 0 LIABILITY FOR LIFE INCOME AGREEMENTS 14344520 DUE TO OTHER INSTITUTIONS 1301254 LEASE INCENTIVES 381228 DUE FROM OHSUF 19773605 DUE FROM OHSUF-PROGRAM SUPPORT 6948620 42749227 75323264 75911176 -587912 -19114231 -6030847 -411666 -25556744 -26144656 48977877 -19114231 -411666 -19525897 68503774 6819490 6819490 75323264 75122533 75122533 -6030847 6819490 788643 75911176 PART XI, LINE 8-OTHER CHANGES IN NET ASSETS OR FUND BALANCES CHANGES IN VALUE OF LIFE INCOME AGREEMENTS $(411,666) -------------- TOTAL $(411,666) Part XII, Line 2d - Other Excluded Revenue CHANGE IN VALUE OF LIFE INCOME AGREEMENTS $(411,666) -------------- $(411,666) Part XII, Line 4b - Other Included Revenue Reclassed Revenue $ 6,819,490 ----------- Total $ 6,819,490 Part XIII, Line 4b - Other Included Expenses Reclassed Expenses $ 6,819,490 ----------- Total $ 6,819,490 Part XIV - Intended Uses of Endowment Fund An endowed fund may support a specific Oregon Health and Science University school, department, research institute or program. It also may support specific people or purposes such as a faculty professorship or chair, scholarship or fellowship, research activity, visiting lecturer or patient care. Surgery Golf 164610 64410 100200 51875 FASHION SHOW 69525 45225 24300 12 259173 198816 60357 493308 308451 184857 51875 51875 132982 false Oregon Health & Science University 3181 Sam Jackson Park Rd Portland OR 97239 931176109 OHSU 24797574 390357 Fair Market Value Equipment RESEARCH AND DEVELOP Oregon Health & Science University 3181 Sam Jackson Park Rd Portland OR 97239 931176109 OHSU 15055117 13016 Fair Market Value Supplies ACADEMIC ADMIN. AND SUPP. Oregon Health & Science University 3181 Sam Jackson Park Rd Portland OR 97239 931176109 OHSU 5125903 36058 Fair Market Value Supplies INSTRUCTIONAL ACTIVITIES Oregon Health & Science University 3181 Sam Jackson Park Rd Portland OR 97239 931176109 OHSU 2324854 18070 Fair Market Value Supplies INSTITUTIONAL SUPPORT, ADMIN. Oregon Health & Science University 3181 Sam Jackson Park Rd Portland OR 97239 931176109 OHSU 2734878 25156 Fair Market Value Supplies Public service Oregon Health & Science University 3181 Sam Jackson Park Rd Portland OR 97239 931176109 OHSU 845609 0 N/A N/A Capital projects and planning Oregon Health & Science University 3181 Sam Jackson Park Rd Portland OR 97239 931176109 OHSU 2358316 27500 FAIR MARKET VALUE Supplies STUDENT AID AND TRAINING Oregon Health & Science University 3181 Sam Jackson Park Rd Portland OR 97239 931176109 OHSU 7936459 36976 Fair Market Value Equipment Clinical support Providence St Vincent Med Fdn 9205 SW Barnes Road Portland OR 97225 930575982 501(c)(3) 26101 0 N/A N/A RESEARCH AND DEVELOPMENT. Portland Chamber Orchestra PO Box 9024 Portland OR 97207 930556942 501(c)(3) 6761 0 N/A N/A Public Service Samaritan Health Services PO Box 3000 Corvallis OR 97339 930951989 501(c)(3) 20000 0 N/A N/A Public Service 3 1 X true true X X X X true false false false false false false false false Janet Fratella 124932 0 0 0 0 0 14442 0 20863 0 160237 0 0 0 Constance French 275910 0 5800 0 0 0 30765 0 23148 0 335623 0 0 0 Drew Hunsinger 131289 0 0 0 0 15819 0 10789 0 157897 0 0 0 Lori Mueller 174108 0 0 0 0 0 21528 0 21854 0 217490 0 0 0 Sarah Panetta 175534 0 15000 0 0 0 0 0 22183 0 212717 0 0 0 Allan Price 420754 0 80000 0 3300 0 35700 0 19432 0 559186 0 0 0 Susan Nicol 155597 0 0 50932 0 18394 0 13561 0 238484 0 0 0 Norwood W Knight-Richardson 0 676410 108158 0 33437 1927 0 819932 0 0 Joseph E Robertson Jr MD 1023566 168726 31250 0 92623 10026 0 1326191 0 0 Part 1, Line 1a Relevant Information Regarding Compensation Benefits The organization paid a local social club fee for its president and a key employee. This benefit was treated as taxable compensation. PART 1, LINE 4A SEVERANCE PAYMENTS SUSAN NICOL, FORMER DCHF EXECUTIVE DIRECTOR, RECEIVED SEVERANCE PAYMENTS TOTALLING $96,913. Arlene Schnitzer OHSUF Trustee 528172 Building Lease false J Greg Ness OHSUF Trustee 535057 Financial Products false Eric Parsons Former OHSUF Trustee 535057 Financial Products false Ronald E Timpe OHSUF Trustee 535057 Financial Products false X 4 16750 Appraisal X 598 Comparable Sales X 49054 Comparable Sales X 75 4859200 Average Market X 1 308000 Comparable Sales X 1 670000 Comparable Sales X 11 7726 Comparable Sales X 7 8070 Comparable Sales X 2 6500 COMPARABLE SALES X Auction Items 117 63904 FMV - Sales Price X Coins 1 21896 Comparable Sales X Promissory Note 1 2927680 Fair Market Value X Medical Equipment 6 378241 Comparable Sales 1 false true true Part I, Lines 32 Hire and Use of Third Parties The organization partners with Volunteers of America for the collection and sale of gifts of automobiles. the organization also engages the services of real estate agents when selling gifts of real property. The organization uses stock brokers to process and sell securities. The services of marketing firms in the solicitation of planned gifts is also used. Part I, Column b Number of Contributions: The organization is reporting a combination of methods - the number of contributions and the number of items received. Form 990, Part III, Line 4a - Program Services Oregon Health & Science University Foundation is a nonprofit organization established in 1970 to secure private philanthropic support to advance OHSU's vital missions, and to invest and manage gifts responsibly to honor donors' wishes. In FY11-12, gifts from individuals, foundations and corporations facilitated by the Foundation totaled nearly $100 million in support of OHSU. The following are highlights from the year. Bob and Charlee Moore, founders of Bob's Red Mill Natural Foods, committed to donate $25 million to establish the Bob and Charlee Moore Institute for Nutrition & Wellness at OHSU. The institute's aim is to halt the rampant health problems caused by unhealthy eating and inadequate nutrition through clinical research and community outreach. Momentum continued on the campaign to build a new OHSU School of Dentistry facility, bringing the total raised to $29 million toward a philanthropic goal of $43 million. Construction is under way on the new building, which is expected to be complete in 2014. The OHSU Foundation successfully concluded a three-year Faculty Support Initiative (FSI) on June 30, 2012, with more than $169 million committed in gifts and pledges - nearly 70 percent above its goal. Commitments made during the FSI supported endowments to recruit and retain outstanding faculty and helped to secure state-of-the-art equipment. All told, 16 endowed positions were newly established or received significant new funding during the campaign period. In FY11-12 the OHSU Foundation transferred more than $61 million in program support to OHSU's healing, discovery, teaching and outreach missions. Form 990, Part VI, Line 2 - Business or Family Relationships Carmen E. Phillips has a family relationship with Allyn Ford.Drew Hunsinger has a family relationship with Rachel Hunsinger. Form 990, Part VI, Line 11b - Form 990 Review Process The VP of Finance and the Controller review the final Form 990, which is prepared by an outside accounting firm. The Form 990 is then provided to the Foundation finance and audit committee, and then to the executive committee. The executive committee reviews the form and upon its approval, the commitee recommends the final Form 990 to the Board for acceptance and authorization. The return is approved by the voting Board. The President of the Foundation reviews and signs the return before it is filed. To protect the privacy of our donors, donor addresses and names of anonymous donors (if any) are redacted from the version of Schedule B that was reviewed by the committees and the Board of Trustees. Form 990, Part VI, Line 12c - Monitoring and Enforcement of Conflicts An annual conflict of interest questionnaire and statement are provided to each covered person to disclose any interest that could give rise to conflicts of interest. Covered persons include any current and former officer, trustee, director, member of a committee with board delegated powers, highest compensated employees, or key employee, any of whom held the named position within five years from the date the position terminated. Each respondent is asked to sign a disclosure statement which affirms that they a received a copy of the policy, have read and understand the policy, have agreed to comply with the policy, and have responded to the questionnaire to the best of their ability. The completed questionnaire will be provided to the Executive Committee prior to June 30 of each year. After reviewing the disclosure statements as well as any other potential or real conflicts of interest that are identified, the Executive Committee shall notify the OHSU Foundation Vice-President of Finance and Administration of any positive responses to any questions on the disclosure statement; and will follow up with respect to any other disclosures that indicate an actual or potential conflict of interest. This may include, but not limited to, asking the person not to participate in related decisions or recommending appropriate disciplinary and corrective action to the Foundation President and/or Chairman of the Board of Trustees for the OHSU Foundation. As potential conflicts of interest are identified throughout the course of a year, each respondent has an obligation to advise the Executive Committee in writing of the existance of any such real of potential conflict of interest. A respondent may make a presentation at the Executive Committee meeting, but after such presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that creates the actual or potential conflict of interest. The Executive committee shall determine to its satisfaction whether the Foundation can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to an actual or potential conflict of interest. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to an actual of potential conflict of interest, the Executive committee shall determine by a majority vote of the disinterested committee members whether the transaction or arrangement is in the Foundation's best interest and whether the transaction is fair to the Foundation, and shall make its decision as to whether to enter into the transaction or arrangement. The Executive Committee will inform the respondent, in writing, of its decision. If the Executive Committee has reasonable cause to believe that a respondent has failed to disclose an actual or possible conflict of interest, it shall inform the respondent of the basis for such belief and afford the respondent an opportunity to explain the alleged failure to disclose. If, after hearing the response of the respondent and making further investigation as may be warranted in the circumstances, the Executive Committee determines that the respondent has in fact failed to disclose an actual or possible conflict of interest, it shall recommend appropriate disciplinary and corrective action to the Foundation President and/or the Chairman of the Board of Trustees for the OHSU Foundation. Form 990, Part VI, Line 15b - Compensation Review & Approval Process Process of determining the compensation: 1. Review and approval by a governing body: A compensation committee is composed of representatives of the OHSU Foundation Board of Trustees with members to include but not limited to the Board chair, immediate past chair, and finance chair. The compensation committee reviews the documentation for approval prior to the presentation of the budget at the June board meeting. 2. Use of data as to comparable compensation: For each position subject to review, comparability data is gathered from any of the following sources: industry surveys, documented compensation of persons holding similar positions in similar organizations, expert compensation studies, or other comparable data. For each time there is a material change to the salary range or compensation package of the affected position and/or person in that position, new data is gathered and new documentation is created. Annual cost-of living increases, based on government cost-of-living figures, would not necessitate new documentation. 3. Contemporaneous documentation regarding decisions: All documentation on final decisions, including deliberations, made by the compensation committee is kept on record in the OHSU Foundation Human Resources Department. This process was last undertaken for the Interim president in May 2012. Form 990, Part VI, Line 19 - Other Org. Documents Publicly Available While federal tax laws do not mandate that the organization's governing documents, conflict of interst policy and financial statements be made available for public inspection, limited information on the governing documents, conflict of interest policy and financial statements are available at the Foundation's website. This information is not readily available for the general public and requests for this information are assessed on a case by case basis by the relevant Foundation employee before disclosure. Form 990, Part XI, Line 5 - Other Changes in Net Assets NET UNREALIZED GAIN ON INVESTMENTS (19,114,231) CHANGE IN VALUE OF LIFE INCOME AGREEMENTS (411,666) INVESTMENT FEES (6,030,847) ------------ TOTAL (25,556,744) Oregon Health & Science University 3181 Sam Jackson Park Rd Portland OR 97239 931176109 Hospital, Edu OR NA false Charitable remainder trust (57) CRT OR OHSUF T 13243236 Charitable remainder trust (1) CRT OR US BANK T 626281 Charitable remainder trust (1) CRT FL JOHN P RITCHEY T 1184836 false true false false false false false false false true false false false true true true true true Oregon Health & Science University B 55041939 Cash Paid Oregon Health & Science University J 53574 LEASE AGREEMENT Oregon Health & Science University O 48095 EXP INCURRED Oregon Health & Science University Q 10201642 RECLASSED INC Oregon Health & Science University R 13546556 RECLASSED EXP