2011-02-15T06:59:52-08:00 2010-06-30 PRICEWATERHOUSECOOPERS LLP 125 HIGH STREET BOSTON MA 02110 990 2009-07-01 066070722 The University of Connecticut Foundation Inc UNIV 8604865000 2390 Alumni Drive Storrs CT 06268 Kevin Edwards 2011-02-15 2009 2016-02-24 21:20:13Z John Martin 2390 Alumni Dr Storrs CT 06269 35153283 false false X www.foundation.uconn.edu X 1964 CT The University of Connecticut Foundation, Inc. mission is to solicit, receive and administer gifts and financial resources from private sources for the benefit of all campuses and programs of the University of Connecticut. Continued on Schedule O 50 49 402 140 46104 22510381 28779876 9202625 11772809 -21896879 -5777351 -256350 -176657 9559777 34598677 28080725 21569282 0 10415561 9766896 238298 397019 11095593 6305214 6706334 45039798 38439531 -35480021 -3840854 322142492 348219315 16745452 13304046 305397040 334915269 The University of Connecticut Foundation, Inc. mission is to solicit, receive and administer gifts and financial resources from private sources for the benefit of all campuses and programs of the University of Connecticut. Continued on Schedule O false false 7912771 7912771 7912771 Scholarships, awards and fellowships.The University of Connecticut Foundation, Inc. receives gifts on behalf of donors restricted to the support of financial aid for University of Connecticut students. To ensure compliance with all University, federal and state financial aid requirements the University selects the student recipients and makes the awards directly to students. After receiving appropriate documentation from the University the Foundation provides grants to the University to fund financial aid expenditures.The expenditures are funded from investment income earned on endowment funds restricted to financial aid and gifts restricted for financial aid. 6638942 6638942 6638942 Endowed chairs and professorshipsThe University of Connecticut Foundation, Inc. received gifts on behalf of donors restricted to the support of University of Connecticut faculty compensation and research. To ensure compliance with all University and state personnel policies and for W-2 reporting purposes the University pays all faculty directly for compensation related items. After receiving appropriate documents form the University the Foundation provides grants to the University to fund faculty compensation expenditures. For non-compensation expenditures in support of faculty (e.g., research materials and equipment), generally the expenditure is made to the vendor directly by the University with the Foundation then providing a grant to the University to fund the expenditure after receiving appropriate documentation. Occasionally the Foundation will pay the vendor directly.The expenditures are funded from investment income earned on endowment funds restricted to support of faculty. 4461518 4461518 4461518 Program ServicesThe University of Connecticut Foundation, Inc. receives gifts on behalf of donors restricted to the support of programs at the University. Generally the expenditure is made to the vendor directly by the University with the Foundation then providing a grant to the University to fund the expenditure after receiving appropriate documentation. Occasionally the Foundation will pay the vendor directly. 2556051 2556051 2556051 21569282 true true false true false false false false true true true false true false false true false false true true false false true false true true false false false false false false false false false false true false false false false true true false false true 115 0 true 402 true true true true BF false false false false false true true false 0 false false false false false false false false 50 49 true false false false false false false true true false false false true true true true true true true true false false WV WI WA UT SC RI OR OK OH NY NM NJ NH ND MN MI ME MD MA LA KY KS IL HI DC CO CA AZ AK X X Kevin Edwards 8604865000 2390 Alumni Drive Storrs CT 06268 William Trachsel 1.00 X 0 0 0 Wendy Watkins 1.00 X 0 0 0 Timothy Holt 1.00 X X 0 0 0 Suzanne O'Conor 40.00 X 160567 0 15390 Stephen Sills 1.00 X 0 0 0 Sharon Nunes 1.00 X 0 0 0 Ronald McIntosh 1.00 X 0 0 0 Roger Felberbaum 1.00 X 0 0 0 Robert RisCassi 1.00 X 0 0 0 Robert Holster 1.00 X 0 0 0 Robert D'Amore 1.00 X 0 0 0 Philip Lofts 1.00 X 0 0 0 Peter Drotch 1.00 X 0 0 0 Mickey Herbert 1.00 X 0 0 0 Mary Ann Gilleece 1.00 X 0 0 0 Marsha Roth 1.00 X 0 0 0 Mark Shenkamn 1.00 X 0 0 0 Mark Freitas 1.00 X 0 0 0 Mark Boxer 1.00 X 0 0 0 Lisa Baronio 40.00 X 202199 0 31206 Lionel Olmer 1.00 X 0 0 0 Kevin Edwards 40.00 X 196923 0 30385 Kelvin Cooper 1.00 X 0 0 0 Keith Fox 1.00 X 0 0 0 Kathleen Murphy 1.00 X 0 0 0 Joseph Papa 1.00 X 0 0 0 John Ritter 1.00 X 0 0 0 John Rafal 1.00 X 0 0 0 John Martin 40.00 X X 382349 0 60483 John Krenicki 1.00 X 0 0 0 John Cutler 1.00 X 0 0 0 Jay Malcynsky 1.00 X X 0 0 0 Janet Hansen 1.00 X 0 0 0 Herbert Dunn 1.00 X 0 0 0 Hal Reed 40.00 X 155531 0 23892 Gwendolyn Iloani 1.00 X 0 0 0 Gerald Lieberman 1.00 X X 0 0 0 Gary Gladstein 1.00 X 0 0 0 Frank Milone 1.00 X 0 0 0 Francisco Borges 1.00 X 0 0 0 Elease Wright 1.00 X 0 0 0 Douglas Lawrence 1.00 X 0 0 0 Douglas Elliot 1.00 X 0 0 0 Dominick Pagano 1.00 X 0 0 0 Denis McCarthy 1.00 X 0 0 0 Deborah Cunningham 40.00 X 142146 0 25533 David Vance 40.00 X 178702 0 20941 David Marks 1.00 X 0 0 0 David Barton 1.00 X 0 0 0 Daniel Toscano 1.00 X 0 0 0 Craig Ashmore 1.00 X 0 0 0 Connie Weaver 1.00 X 0 0 0 Coleman Levy 1.00 X 0 0 0 Clinton Gartin 1.00 X 0 0 0 Christopher Riley 1.00 X 0 0 0 Christopher Joliat 0. X 124616 0 24383 Cheryl Grise 1.00 X 0 0 0 Charlene Polino 1.00 X 0 0 0 Carla Klein 1.00 X 0 0 0 Brian Otis 40.00 X 144250 0 26870 Anthony Crosby 1.00 X 0 0 0 Andy Bessette 1.00 X 0 0 0 Alan Bennett 1.00 X 0 0 0 1687283 259083 16 false true false Wilshire Assocates Inc 1299 Ocean Ave Suite 700 Santa Monica CA 90401 Investment Consultan 155917 Dell Marketing PO Box 643561 Pittsburg PA 15264 Computer Hardware 214864 Curtis 1000 PO Box 512598 Phladelphia PA 19175 Printing 243290 Albourne America LLC One Ferry Building Suite 280 San Francisco CA 94111 Investment Consultan 240000 Aetna PO Box 804735 Chicago IL 60680 Health Insurance 888245 14 1081154 27698722 2304863 28779876 Univ. Fee for Service 999999 9137688 9137688 Univ. Endow Admin Fee 999999 135121 135121 System Upgrade Fee 999999 2500000 2500000 11772809 6447701 6447701 0 0 0 -12225052 -12225052 -12225052 46104 -12271156 377949 1081154 554606 -176657 -176657 0 0 0 34598677 11772809 46104 -6000112 21569282 21569282 0 0 0 1103188 487748 615440 0 6580704 1316141 5264563 561860 112372 449488 960681 192136 768545 560463 112093 448370 0 62951 12590 50361 133061 133061 30000 6000 24000 397019 397019 2785395 2785395 34009 6802 27207 2487 497 1990 294999 59000 235999 314626 62925 251701 0 217733 43547 174186 181396 36279 145117 0 52175 10435 41740 277369 55474 221895 0 339060 67812 271248 97292 19458 77834 Special Events 204518 40904 163614 Service Contracts 525432 105087 420345 Reimburse Univ for Fundr Exp 467023 467023 Printing and Publications 358996 71800 287196 Donor Cultivation & Promotion 142314 142314 185498 37100 148398 38439531 21569282 5774656 11095593 7477399 1456934 4103498 8034951 21580803 23220671 194140 234992 0 0 0 0 36707 74247 8282263 3489629 5020348 4792634 145042156 160231358 85690149 80206052 0 0 52997292 69967476 322142492 348219315 6874909 3493936 39983 6955000 6735000 2735321 2938831 140239 136279 16745452 13304046 X -24944960 -14468731 72984000 79812000 257358000 269572000 305397040 334915269 322142492 348219315 X false true true X false false X 29977411 29384605 36038697 22510381 28779876 146690970 0 0 29977411 29384605 36038697 22510381 28779876 146690970 3249218 143441752 7823953 9837204 10318545 6570221 5966980 40516903 0 0 187207873 42082934 0.76620 0.71400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 30000 25425 55425 38384106 38439531 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 47828 55819 80404 55425 239476 250000 250000 250000 250000 1000000 1500000 30000 30000 60000 30000 150000 true 9396331 958592 655746 9699177 true 244032000 10319000 21826000 9769000 3359000 263049000 314454000 6768000 -63238000 10082000 3870000 244032000 0.00055 0.97450 0.02000 false false false 5938489 1569253 4369236 98213 44195 54018 2245561 1876181 369380 4792634 80206052 Limited Partnership Investments 59153913 Investment in R&D 459721 Fund Held in Trust by Other 9744528 Deferred Bond Issuance 401976 CSV - Life Insurance Policies 207338 69967476 Accrued Debt Service Interest 136279 136279 34598677 38439531 -3840854 33920134 -561053 33359081 29518227 66289894 33920134 -2783523 31136611 35153283 -554606 -554606 34598677 36771667 1117531 1117531 35654136 2785395 2785395 38439531 Part X Part X : FIN48 Footnote At June 30, 2010, the Foundation had no substantial liability for uncertain tax liability position under FIN 48. Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S Investment Fess $2785395 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Event Expenses $554606 R&D expenses $562925 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances R&D Revenue $1872 R&D Expenses $ -562925 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. The Foundation's endowment funds provide grants to the University of Connecticut. The grants may be used to provide scholarships to University of Connecticut students, compensation and research support for University of Connecticut faculty, and general program support for University of Connecticut academic and athletic programs. The use of all endowment funds is subject to any restriction placed on funds by donors. All disbursements are subject to the Foundation's policy on disbursement including the amount of the expenditure must be reasonable, for a legitimate business purposes, and with no private benefit. Part IV, Line 2b Part IV, Line 2b: Explanation of escrow account liability The Foundation is named as the trustee and remainder beneficiary of several charitable remainder trusts. In addition, the Foundation has entered into contracts with donors for charitable gift annuities for which the Foundation has accepted contributions. The present value of the liability for future payments is reflected on the Foundation's balance sheet Part IV, Line 1b Part IV, Line 1b: Why is organization an agent, trustee, custodian or other intermediary for contrib The Foundation has a contractual arrangement to act as the University's agent in managing the endowment assets of the University's ensuring consistent management of endowment assets that support the University regardless of entity ownership. Europe 0 0 Investments 3380000 Central America and the Caribbean 0 0 Investments 5000000 0 0 8380000 X X X X X X X true 1135058 397019 738039 WY VA VT TX TN SD PA NC NV NE MT MO MS IA IN ID GA FL DE CT AR WI WV DC WA UT SC RI OR OK OH ND NY NM NJ NH MN MI MA MD ME LA KY KS IL HI CO CA AZ AK AL White Coat Gala 406930 317237 89693 80184 Calhoun Cancer Challenge Ride 325547 309955 15592 77148 13 724166 452446 271720 397179 1456643 1079638 377005 554511 554511 -177506 true University of Connecticut 352 Mansfield Road Unit 2048 Storrs CT 06269 060772160 21569282 0 1 0 Additional Supplemental Information Fund Administration staff receives appropriate documentation prior to making disbursements to ensure compliance with grant restrictions, and to ensure such disbursements are reasonable. X true true X X X false true false false false false false false false false Suzanne O'Conor 160567 15390 175957 Lisa Baronio 202199 31206 233405 Kevin Edwards 186923 10000 30385 227308 John Martin 337349 45000 34600 25883 442832 Hal Reed 155531 23892 179423 Deborah Cunningham 142146 25533 167679 David Vance 175702 3000 20941 199643 Brian Otis 144250 26870 171120 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Mr. Martin's employment contract provides for a membership in the Hartford Club for business related meetings. The amount in 2009 was $3,217, and was used solely for Foundation business.During 2009 a $25,000 payment was allocated by the Foundation to a deferred compensation plan established under Section 457(f). This amount is payable to the Foundation's President, John Martin, upon termination from employment, subject to the terms of a two year covenant not to compete. An additional payment in the amount of $9,600 was allocated by the Foundation on a second deferred compensation plan also established under Section 457(f). This amount is also payable to Mr. Martin upon termination from employment subject to the terms of a two year not to compete. CHEFA 060806186 20774UJD8 2007-01-23 7252762 Refunding Series A false false 7252762 502944 7235346 236705 2007 false true true true true false false false false false true X 75 2304863 false true false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Foundation's financial statement and conflict of interest policy are posted on the Foundation's web site and on the Electronic Municipal Market Access system (EMMA), which is available to the public. The Foundation's Articles of incorporation, IRS Determination Letter, IRS Form 990 and By-laws are available upon request. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees See 15a Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Annually the Foundation board members, officers and employees are sent a copy of the Foundation's Conflict of Interest questionnaire that they are required to complete and return to the Foundation. The responses are then reviewed by the Foundation's in-house legal counsel, with any potential conflicts reviewed with the Nominating and Governance Committee of the Board and the full Board as appropriate. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The Foundation's Audit Committee reviews the Form 990 and the Form is provided to the entire Board before it is filed. Form 990, Part VI, Line 2 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Three Board members serve on a separate board together and two serve on another separate board together. Form 990, Part III, Line 4d Form 990, Part III, Line 4d : Other Program Services Description OTHER PROGRAM SERVICES 4: Program ServicesThe University of Connecticut Foundation, Inc. receives gifts on behalf of donors restricted to the support of programs at the University. Generally the expenditure is made to the vendor directly by the University with the Foundation then providing a grant to the University to fund the expenditure after receiving appropriate documentation. Occasionally the Foundation will pay the vendor directly. UConn Research and Development Corp 400 Farmington Avenue MC 6409 Farmington CT 06032 061145567 Start ups CT N/A C Corp 2000 460000 1.00000 false true false false false false false false false false false false false false false true false false UConn Research and Development Corp b 520000