2012-03-15T15:13:08-05:00 2011-06-30 JAMES MOORE & CO PL 5931 NW 1ST PLACE GAINESVILLE FL 326072063 990 2010-07-01 201226494 UNIVERSITY OF FLORIDA INVESTMENT CORPORATION UNIV 3523921693 4510 NW 6TH PLACE 2ND FLOOR GAINESVILLE FL 32607 EDWARD KELLY 3523921693 2012-03-01 1 CAROL A VILLEMAIRE 3523781331 2012-03-01 2010 2016-02-24 21:20:13Z EDWARD KELLY 4510 NW 6TH PLACE 2ND FLOOR GAINESVILLE FL 32607 2358929 0 X WWW.UFICO.UFL.EDU X 2004 FL THE PURPOSE OF THIS CORPORATION IS TO PROMOTE THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF FLORIDA BY PROVIDING INVESTMENT RESEARCH, ADVICE, COUNSEL AND MANAGEMENT TO AND FOR THE UNIVERSITY OF FLORIDA BOARD OF TRUSTEES, A PUBLIC BODY CORPORATE, AND SUCH AFFILIATED CORPORATIONS AS THE BOARD OF TRUSTEES OF THE UNIVERSITY OF FLORIDA MAY DESIGNATE, PROVIDED THAT SUCH ORGANIZATIONS FURTHER THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF FLORIDA AND ARE ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS NOW IN FORCE OR HEREAFTER AMENDED. 12 7 14 6 0 0 0 0 2158886 2356028 499 2901 0 0 2159385 2358929 0 0 0 0 1596810 1799246 0 0 0 620931 359794 2217741 2159040 -58356 199889 2112603 1555328 1751303 994139 361300 561189 X THE PURPOSE OF THIS CORPORATION IS TO PROMOTE THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF FLORIDA BY PROVIDING INVESTMENT RESEARCH, ADVICE, COUNSEL AND MANAGEMENT TO AND FOR THE UNIVERSITY OF FLORIDA BOARD OF TRUSTEES, A PUBLIC BODY CORPORATE, AND SUCH AFFILIATED CORPORATIONS AS THE BOARD OF TRUSTEES OF THE UNIVERSITY OF FLORIDA MAY DESIGNATE, PROVIDED THAT SUCH ORGANIZATIONS FURTHER THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF FLORIDA AND ARE ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS NOW IN FORCE OR HEREAFTER AMENDED. 0 0 1732655 2356028 THE ORGANIZATION PROVIDED INVESTMENT RESEARCH, ADVICE, COUNSEL AND MANAGEMENT TO THE UNIVERSITY OF FLORIDA AND SEVEN OTHER DIRECT SUPPORT ORGANIZATIONS OF THE UNIVERSITY OF FLORIDA. DURING THE YEAR, THE ORGANIZATION MANAGED ASSETS OF APPROXIMATELY $1,929,966,320 FOR THESE FIVE ORGANIZATIONS. 1732655 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 1 14 1 0 0 0 0 0 0 0 0 0 0 X 12 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JIMMY HUMPHRIES 3522731479 4510 NW 6TH PLACE 2ND FLOOR GAINESVILLE FL 32607 X S ANDREW BANKS 1.00 X 0 0 0 DAVID T BROWN 1.00 X 0 246536 33861 TROY DAVIS 1.00 X 0 0 0 MATT FAJACK 1.00 X 0 233422 39152 ROBERT GIDEL 1.00 X 0 0 0 THOMAS J MITCHELL 1.00 X 0 236225 30421 ALAN S PAREIRA 1.00 X 0 0 0 EDWARD POPPELL 1.00 X 0 254582 45064 EARL POWELL 1.00 X 0 0 0 PAUL ROBELL 1.00 X 0 244556 43441 WILLIAM ROBINSON 1.00 X 0 0 0 STEVEN SCOTT 1.00 X 0 0 0 PETER LANDAUER 40.00 X 255118 0 38939 EDWARD KELLY 40.00 X 201240 0 33468 DOUGLAS WYNKOOP 40.00 X 220127 0 28493 TRAVIS SHORE 40.00 X 510633 0 62148 JULIE BAKER 40.00 X 406081 0 43647 MIKE SMITH 40.00 X 102815 0 17246 1696014 1215321 415880 6 1 1 0 0 MANAGEMENT FEES 541900 2356028 2356028 2356028 2901 2901 2358929 2356028 0 2901 813163 593002 220161 649334 584401 64933 241381 217243 24138 95368 85831 9537 4204 4204 19707 19707 4056 4056 15241 13717 1524 29 29 155470 139923 15547 86770 86770 7683 7683 36394 36394 15451 15451 MISC OPERATING EXPENSE 11730 11730 MEMBERSHIPS & DUES 2310 2310 MEALS & ENTERTAINMENT 560 560 AWARDS AND COMMENDATION 189 189 2159040 1732655 426385 0 1048084 899745 35276 13577 13577 274635 171813 139216 102822 911726 503908 2112603 1555328 839577 490231 911726 503908 1751303 994139 X 361300 561189 361300 561189 2112603 1555328 199889 0 X X 0 1 1 X 0 X X X X 0 0 0 UNIVERSITY OF FLORIDA 596002052 2 1 0 1 0 54247 21112 33135 131641 61954 69687 88747 88747 0 102822 EMPLOYEE RETIRMENT PLAN ASSETS-457(B) PLAN 40091 MANAGEMENT FEE RECEIVABLE 463817 503908 DEFERRED COMPENSATION 463817 DEFERRED COMPENSATION-457(B) PLAN 40091 503908 2358929 2159040 199889 0 199889 2358929 0 2358929 0 2358929 2159040 0 2159040 0 2159040 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: UFICO ADOPTED "ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES" AS PRESCRIBED BY THE ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN FOR OPEN TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY UFICO'S MAJOR TAX JURISDICTIONS. THE TAX PERIODS OPEN TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS TO WHICH UFICO IS SUBJECT INCLUDE FISCAL YEARS ENDED JUNE 30, 2008 THROUGH JUNE 30, 2011. ADOPTION HAD NO EFFECT ON UFICO'S FINANCIAL STATEMENTS AND THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. X X 1 1 X X X X 1 0 0 0 0 0 0 1 0 DAVID T BROWN 0 159594 0 61000 0 25942 0 17101 0 16760 0 280397 0 0 MATT FAJACK 0 219350 0 0 0 14072 0 23200 0 15952 0 272574 0 0 THOMAS J MITCHELL 0 195075 0 0 0 41150 0 20461 0 9960 0 266646 0 0 EDWARD POPPELL 0 237126 0 0 0 17456 0 28089 0 16975 0 299646 0 0 PAUL ROBELL 0 227928 0 0 0 16628 0 24554 0 18887 0 287997 0 0 PETER LANDAUER 152383 0 102735 0 0 0 26583 0 12356 0 294057 0 0 0 EDWARD KELLY 161240 0 40000 0 0 0 20969 0 12499 0 234708 0 0 0 DOUGLAS WYNKOOP 120127 0 100000 0 0 0 22937 0 5556 0 248620 0 0 0 TRAVIS SHORE 144640 0 298243 0 67750 0 53208 0 8940 0 572781 0 0 0 JULIE BAKER 99922 0 246359 0 59800 0 42314 0 1333 0 449728 0 0 0 MIKE SMITH 102815 0 0 0 0 0 10713 0 6533 0 120061 0 0 0 PART I, LINE 1A THE ORGANIZATION HIRED A NEW CHIEF INVESTMENT OFFICER DURING THE CURRENT FISCAL YEAR. THE ORGANIZATION AGREED TO REIMBURSE THE CIO FOR TRAVEL RELATED TO TWO HOUSE HUNTING TRIPS FROM TEXAS TO FLORIDA FOR THE CIO AND HIS WIFE. THE ORGANIZATION ALSO PROVIDED A HOUSING ALLOWANCE TO THE CIO FOR THE FIRST FOUR MONTHS OF EMPLOYMENT. PART I, LINE 1B THE ORGANIZATION WAS GIVEN PROPER SUBSTANTIATION PRIOR TO REIMBURSEMENT OF THESE EXPENSES. PART I, LINE 4A TRAVIS SHORE - $67,750 JULIE BAKER - $59,800 PART I, LINE 7 THE ORGANIZATION HAS A DEFERRED COMPENSATION BONUS PLAN WHICH COVERS CERTAIN EMPLOYEES. UNDER THIS PLAN, A DEFERRED BONUS IS PAID WHICH INCLUDES A DISCRETIONARY COMPONENT. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S CHIEF OPERATING OFFICER AND CONTROLLER WILL REVIEW THE FORM 990. ADDITIONALLY, THE AUDIT COMMITTEE OF THE ORGANIZATION WILL RECEIVE, REVIEW AND APPROVE THE FORM 990 AT A MEETING OF THE AUDIT COMMITTEE. THE FORM 990 IS PRESENTED TO THE ENTIRE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES DISCLOSE QUARTERLY TO THE CHIEF OPERATING OFFICER ANY POTENTIAL CONFLICTS OF INTEREST THROUGH SIGNED STATEMENTS. ALL BOARD MEMBERS DISCLOSE ANNUALLY TO THE CHIEF OPERATING OFFICER ANY POTENTIAL CONFLICTS OF INTEREST THROUGH SIGNED STATEMENTS. THE CHIEF OPERATING OFFICER REVIEWS THESE STATEMENTS AND ADDRESSES THEM APPROPRIATELY. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS APPROVES SALARIES FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 FEDERAL LAW DOES NOT REQUIRE THAT SUCH DOCUMENTS BE MADE PUBLICLY AVAILABLE UNLESS THEY WERE INCLUDED ON A FORM THAT IS PUBLICLY AVAILABLE (SUCH AS FORM 1023 OR 1024). WE DO NOT MAKE OUR GOVERNING DOCUMENTS, POLICIES, OR FINANCIAL STATEMENTS DIRECTLY AVAILABLE TO THE PUBLIC. ESTIMATE OF AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATION: FORM 990, PART VII: DAVID T. BROWN - 40 HOURS PER WEEK MATT FAJACK - 40 HOURS PER WEEK THOMAS J. MITCHELL - 40 HOURS PER WEEK EDWARD POPPELL - 40 HOURS PER WEEK PAUL ROBELL - 40 HOURS PER WEEK FORM 990, PART XI, LINE 2C: THE PROCESS FOR THE SELECTION AND SUPERVISION OF THE ORGANIZATION'S INDEPENDENT AUDITOR HAS REMAINED CONSISTENT WITH THE PRIOR YEAR. UFICO LLC 4510 NW 6TH PLACE 2ND FLOOR GAINESVILLE FL 32607 GENERAL PARTNER/MANAGING PARTNER FL 0 0 N/A UNIVERSITY OF FLORIDA 24 TIGERT HALL GAINESVILLE FL 32611 596002052 UNIVERSITY FL N/A 0 FLORIDA PRIVATE INVESTMENTS FUND LP 4510 NW 6TH PLACE GAINESVILLE FL 32607 270277240 INVESTMENT FUNDS DE UFICO LLC RELATED 0 1 0.00000 FLORIDA LONG TERM POOL FUND LP 4510 NW 6TH PLACE GAINESVILLE FL 32607 270277090 INVESTMENT FUNDS DE UFICO LLC RELATED 0 1 0.00000 FLORIDA SHORT-TERM FUND LP 4510 NW 6TH PLACE GAINESVILLE FL 32607 270276790 INVESTMENT FUNDS DE UFICO LLC RELATED 0 1 0.00000 FLORIDA GLOBAL EQUITY FUND LLC 4510 NW 6TH PLACE GAINESVILLE FL 32607 270276884 INVESTMENT FUNDS DE UFICO LLC RELATED 0 1 0.00000 FLORIDA GLOBAL FIXED INCOME FUND LLC 4510 NW 6TH PLACE GAINESVILLE FL 32607 270277004 INVESTMENT FUNDS DE UFICO LLC RELATED 0 1 0.00000 FLORIDA HEDGED STRATEGIES FUND LLC 4510 NW 6TH PLACE GAINESVILLE FL 32607 270277727 INVESTMENT FUNDS DE UFICO LLC RELATED 0 1 0.00000 FLORIDA OPPORTUNISTIC FUND LLC 4510 NW 6TH PLACE GAINESVILLE FL 32607 270277160 INVESTMENT FUNDS DE UFICO LLC RELATED 0 1 0.00000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 UNIVERSITY OF FLORIDA K 139775 FAIR MARKET VALUE