2011-11-14T15:53:23-05:00 2010-12-31 Grant Thornton LLP 100 E Wisconsin Ave Milwaukee WI 53202 990 2010-01-01 390743975 University of Wisconsin Foundation UNIV 6082634545 1848 University Avenue Madison WI 537264090 JENNIFER L KIDON DEKREY 2011-11-11 Ann M Petrie 4142898200 X 2010 2016-02-24 21:20:13Z MICHAEL M KNETTER PRES CEO 1848 University Avenue Madison WI 537264090 1103023156 false X WWW.SUPPORTUW.ORG X 1945 WI UNIVERSITY OF WISCONSIN FOUNDATION AIDS THE UNIVERSITY OF WISCONSIN BY SOLICITING GIFTS AND BEQUESTS, ADMINISTERS AND INVESTS SECURITITES AND PROPERTY AND DISTRIBUTES PAYMENTS FOR THE BENEFIT OF UW-MADISON. 43 43 447 50 811459 156118593 165667841 0 0 -13924299 103531639 -1218819 102420 140975475 269301900 250985144 206223864 0 0 14080741 14550052 0 0 12750098 15908945 16528198 280974830 237302114 -139999355 31999786 2417473250 2642629878 304884983 323217969 2112588267 2319411909 THE UNIVERSITY OF WISCONSIN FOUNDATION IS THE OFFICIAL NOT-FOR-PROFIT FUND RAISING CORPORATION FOR THE UNIVERSITY OF WISCONSIN MADISON (UW-MADISON). IT RECEIVES GIFTS AND BEQUESTS, ADMINISTERS AND INVESTS SECURITIES AND PROPERTY, AND DISBURSES PAYMENTS TO AND ON BEHALF OF UW-MADISON FOR ADVANCEMENT OF SCIENTIFIC, LITERARY, EDUCATIONAL, AND ATHLETIC PURPOSES. IN ADDITION, THE UNIVERSITY OF WISCONSIN FOUNDATION RECEIVES GIFTS AND BEQUESTS, ADMINISTERS AND INVESTS SECURITIES AND PROPERTY AND DISBURSES PAYMENTS TO AND ON THE BEHALF OF SEVERAL OTHER UNITS OF THE UNIVERSITY OF WISCONSIN SYSTEM FOR ADVANCEMENT OF SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES. false false 206223864 206223864 0 IN ACCORDANCE WITH THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE, THE UNIVERSITY OF WISCONSIN FOUNDATION ASSISTS BY MAKING PAYMENTS TO OR ON BEHALF OF THE UNIVERSITY OF WISCONSIN. 206223864 true true false false false false false false true true false false false true true true false false false true false false false false false false true false true false false false false false false false false true true false false false true true true false false true 221 0 true 447 true true true false false false false true true true 2 false false true false X 43 43 true false true false true true true true true false false true true true true true true true true false AK AZ AR CA CO DC HI KY ME MD MA MI MN NH NJ NY OH OK OR SC UT WA WV WI X X JENNIFER L KIDON DEKREY CFO 6082634545 1848 UNIVERSITY AVENUE MADISON WI 53726 X Marla J Ahlgrimm 1.0 X 0 0 0 David E Beckwith 1.0 X 0 0 0 John E Berndt 2.0 X 0 0 0 Paula E Bonner 1.0 X 0 0 0 Nancy T Borghesi 1.0 X 0 0 0 Peter C Christianson 1.0 X 0 0 0 Paul J Collins 4.0 X 0 0 0 Jeffrey J Diermeier 2.75 X 0 0 0 Walter H Drew 2.0 X 0 0 0 Thomas J Falk 1.0 X 0 0 0 Wade Fetzer III 1.0 X 0 0 0 Jere D Fluno 2.0 X 0 0 0 W Jerome Frautschi 1.0 X 0 0 0 Phillip T Gross 1.0 X 0 0 0 George F Hamel Jr 1.0 X 0 0 0 Jon D Hammes 1.0 X 0 0 0 Jill S Hatton 1.5 X 0 0 0 John P Holton 1.5 X 0 0 0 Ted D Kellner 1.0 X 0 0 0 Paul A Leff 1.0 X 0 0 0 Michael E Lehman 2.0 X 0 0 0 Peter A Leidel 1.0 X 0 0 0 Christine L Lodewick 1.0 X 0 0 0 Sheldon B Lubar 1.0 X 0 0 0 Thomas P Madsen 4.0 X 0 0 0 Jean Manchester Biddick 1.0 X 0 0 0 Jane R Mandula 1.0 X 0 0 0 Dr Alice R McPherson 2.0 X 0 0 0 Melinda J Mount 1.0 X 0 0 0 John S Nelson 1.5 X 0 0 0 Albert O Nicholas 1.0 X 0 0 0 The Honorable Kathryn A Oberly 1.0 X 0 0 0 John J Oros 1.5 X 0 0 0 San W Orr Jr 1.0 X 0 0 0 Benjamin G Porter 1.0 X 0 0 0 Dr Linda L Procci 2.0 X 0 0 0 Renee H Ramirez 1.0 X 0 0 0 Dr Frederick A Robertson 2.0 X 0 0 0 Brenton H Rupple 1.0 X 0 0 0 Winslow L Sargeant 1.0 X 0 0 0 Steven F Skolaski 2.0 X 0 0 0 Irwin F Smith 1.0 X 0 0 0 Michael R Splinter 1.0 X 0 0 0 Troy D Vincent 1.0 X 0 0 0 Peter M Weil 1.0 X 0 0 0 James J Weinert 2.0 X 0 0 0 Doris F Weisberg 2.0 X 0 0 0 Jeffrey D Wiesner 1.0 X 0 0 0 Frances S Taylor 5.0 X X 0 0 0 Richard L Antoine 2.5 X X 0 0 0 Michael M Knetter 64.0 X 86076 0 17242 Andrew A Wilcox 48.0 X 353696 0 141234 Catherine M Ahrens 50.0 X 94678 0 26825 Jennifer L Kidon DeKrey 55.0 X 173680 0 35639 Thomas P Olson 50.0 X 373301 0 42230 Bridget A Bush 45.0 X 73849 0 25295 Marion F Brown 45.0 X 159103 0 26215 Debra M Holt 45.0 X 121912 0 28508 Russell N Howes 50.0 X 170843 0 28960 Walter H Keough 24.0 X 98100 0 9727 Mark E Lefebvre 70.0 X 242887 0 36288 Christopher G Richards 50.0 X 136305 0 31519 Bonnie L Schumacher 45.0 X 139908 0 20548 Martha Taylor 40.0 X 82746 0 23173 John T Dobson 45.0 X 251945 0 26124 Duane Jahnke 45.0 X 117503 0 29693 John Mueller 45.0 X 111482 0 26339 Bonita Bruce 45.0 X 109166 0 17263 Erick Weber 45.0 X 103061 0 16505 3000241 0 609327 15 false true false LYSTER WATSON COMPANY 230 PARK AVE SUITE 2828 NEW YORK NY 10169 ALT INVESTMT ADVISOR 1393438 FORTRESS INVESTMENTS 1345 AVENUE OF THE AMERICAS 23RD F NEW YORK NY 10105 ALT INVESTMT ADVISOR 1316893 US BANK PO BOX 7900 MADISON WI 53707 INVSMT ADV/CUSTODIAN 704872 MORGAN STANLEY 1585 BROADWAY NEW YORK NY 10036 INVESTMENT ADVISOR 670113 WESTERN ASSET MANAGEMENT 385 EAST COLORADO BOULEVARD PASADENA CA 91101 INVESTMENT ADVISOR 301099 28 165667841 20551931 165667841 0 18499804 811459 17688345 0 55097 55097 47323 47323 47323 47323 917780197 972894 832203660 1517596 85576537 -544702 85031835 85031835 0 0 0 0 269301900 811459 102822600 206223864 206223864 0 0 0 2847805 1614797 1233008 0 8869823 2790517 6079306 786650 247486 539164 1291235 406233 885002 754539 237378 517161 0 145087 45644 99443 232865 232865 0 0 10053709 10053709 820694 643253 177441 800543 800543 713155 177383 535772 412907 129901 283006 0 635321 272729 362592 564050 564050 0 161143 50696 110447 0 0 489262 153922 335340 0 BAD DEBT EXPENSE 665202 665202 INCOME TAX LIABILITY 310000 310000 CREDIT CARD USAGE FEES 256689 256689 RECOG / SPECIAL EVENTS 141228 141228 EQUIPMENT 48443 15240 33203 77900 24508 53392 237302114 206223864 18328152 12750098 208951904 82937639 88560294 73492430 59489147 134316963 1579097 1454592 2690554 875093 12473999 5419792 7251291 7054207 2006589268 2328524505 42361695 13974449 2417473250 2642629878 6153456 4452002 4503255 3838925 294228272 314927042 304884983 323217969 X 185514394 181926918 1177631639 1345297639 749442234 792187352 2112588267 2319411909 2417473250 2642629878 X 31999786 174823856 X false true true X false X 193010650 334390947 160979453 156118593 165667841 1010167484 193010650 334390947 160979453 156118593 165667841 1010167484 157405794 852761690 46242473 55263354 29159809 13422452 17790765 161878853 0 0 0 505943 0 505943 1172552280 0.72727 0.82703 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 886302945 53062709 130411566 47207288 1022569932 1215651932 29825088 -312299012 46875063 886302945 1693517816 -403207079 74658806 1215651931 0.75718 0.24282 false false 502530 502530 9583484 3607570 5975914 284202 187253 96949 2103783 1624969 478814 7054207 0 CLINICS AUTHORITY 251702069 POINT FOUNDATION 17552263 BENEFIT OF U.W.-STOUT FNDTN 1261747 BENEFIT OF WISCONSIN ALUMNI ASSOCIATION FUND 3921095 DUE ON INTEREST RATE SWAP 0 DEFERRED COMPENSATION 1425193 LIABILITY UNDER SPLIT INTEREST 37102174 FUNDS DUE TO OTHER ORGANIZATION 1962501 PAYABLE UNDER SECURITIES LENDING 0 314927042 269301900 237302114 31999786 174823856 174823856 206823642 444094661 174823856 -31095 174792761 269301900 269301900 237271019 237271019 31095 31095 237302114 INTENDED USES OF ORGANIZATION'S ENDOWMENT FUNDS PART V, LINE 4 ENDOWED FUNDS ARE CRITICAL TO THE FINANCIAL STABILITY OF THE UNIVERSITY OF WISCONSIN-MADISON. THE PRESENT AND FUTURE REVENUE STREAMS THAT ENDOWED FUNDS GENERATE ALLOW COLLEGES AND DEPARTMENTS TO HIRE FACULTY, IMPLEMENT PROGRAMS, ADVANCE RESEARCH AND SUPPORT OUTSTANDING STUDENTS. ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740 PART X, QUESTION 2 THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). HOWEVER, THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ITS UNRELATED BUSINESS INCOME, AS A RESULT OF OWNERSHIP IN VARIOUS INVESTMENT ENTITIES. AS REQUIRED BY THE UNCERTAIN TAX POSITION GUIDANCE ISSUED BY THE FASB, THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATERH THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE FOUNDATION APPLIED THE UNCERTAIN TAX POSITION GUIDANCE TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN. THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAXES AND FILES A TAX RETURN IN THE STATE OF WISCONSIN. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO THE INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGMENT TO APPLY. TAX YEARS OPEN TO EXAMINATION BY TAX AUTHORITIES UNDER FEDERAL STATUTE OF LIMITATIONS INCLUDE CALENDAR YEARS 2004 THROUGH 2010. OPEN TAX YEARS UNDER WISCONSIN STATUTE OF LIMITATIONS INCLUDE CALENDAR YEARS 2006 THROUGH 2010. THE FOUNDATION, IF APPLICABLE, RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND RECOGNIZES PENALTIES IN OPERATING EXPENSES. DURING THE YEARS ENDED DECEMBER 31, 2010 AND 2009, THE FOUNDATION DID NOT RECOGNIZE ANY INTEREST OR PENALTIES. RECONCILIATION OF REVENUE PER AUDITED FIN STMTS WITH REVENUE PER RETURN SCHEDULE D, PART XII, LINE 2D MISCELLANEOUS EXPENSE INCLUDED IN REVENUE - $31,095 RECONCILIATION OF EXPENSES PER AUDITED FIN STMTS WITH EXPENSES PER RETURN SCHEDULE D, PART XIII, LINE 4B MISCELLANEOUS EXPENSE INCLUDED IN REVENUE - $31,095 Central America and the Caribbean Investments Europe (Including Iceland and Greenland) Investments Sub-Saharan Africa Investments true false false false true false Activities per Region: Total Expenditures and Investments Schedule F, Part I, Column (F) Due to the extent and indirect tiered partnership structure of the Foundation's investments, this information is not readily available. The Foundation does monitor the investments for Form 926 and Form 8865 filing requirements. true University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 204821995 N/A-CASH SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 594230 APPRAISAL BOOKS SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 200000 Appraisal ARTWORK - 184 PIECES SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 160000 APPRAISAL ARTWORK - 11 PIECES SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 136550 APPRAISAL ARTWORK - 7 PIECES SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 61512 APPRAISAL SURGICAL EQUIPMENT SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 46563 APPRAISAL MEDICAL EQUIPMENT SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 28000 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 24000 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 15000 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 15000 APPRAISAL E-SCOW BOAT SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 13600 DONOR ESTIMATE 2009 SMART CAR AUTO SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 11000 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 11000 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 8300 DONOR ESTIMATE ARTWORK - 15 PIECES SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 8000 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 8000 APPRAISAL MARE QUARTER HORSE SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 5850 APPRAISAL ARTWORK SEE SCHEDULE I, PART IV University of Wisconsin MADISON WI 53715 MADISON WI 53715 396006492 STATE OF WI 55264 VARIOUS METHODS MISC GRANTS < $5,000 SEE SCHEDULE I, PART IV 1 0 ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS PART I, QUESTION 2; PART II, COLUMN (H) THE UNIVERSITY OF WISCONSIN FOUNDATION AIDS THE UNIVERSITY OF WISCONSIN BY SOLICITING GIFTS OF REAL AND PERSONAL PROPERTY WHICH IT COLLECTS, ADMINISTERS AND DISTRIBUTES FOR THE BENEFIT OF THE UNIVERSITY OF WISCONSIN IN ADVANCING ITS SCIENTIFIC, LITERARY, ATHLETIC AND EDUCATIONAL PURPOSES. THERE IS NO FURTHER MONITORING OF THE USE OF GRANT FUNDS FOLLOWING DISBURSEMENT TO THE UNIVERSITY OF WISCONSIN. X true true X X X false true false false false false false true false Andrew A Wilcox 343774 0 0 0 9922 0 129346 0 11888 0 494930 0 0 0 Jennifer L Kidon DeKrey 173230 0 0 0 450 0 18000 0 17639 0 209319 0 0 0 Thomas P Olson 295832 0 77000 0 469 0 24500 0 17730 0 415531 0 0 0 Marion F Brown 157123 0 0 0 1980 0 15920 0 10295 0 185318 0 0 0 Debra M Holt 120966 0 0 0 946 0 11333 0 17175 0 150420 0 0 0 Russell N Howes 168863 0 0 0 1980 0 17200 0 11760 0 199803 0 0 0 Mark E Lefebvre 240907 0 0 0 1980 0 24400 0 11888 0 279175 0 0 0 Christopher G Richards 135665 0 0 0 640 0 14100 0 17419 0 167824 0 0 0 Bonnie L Schumacher 138071 0 0 0 1837 0 14100 0 6448 0 160456 0 0 0 John T Dobson 251476 0 0 0 469 0 24500 0 1624 0 278069 0 0 0 HEALTH OR SOCIAL CLUB MEMBERSHIPS SCHEDULE J, PART I, LINE 1A THE PERSONAL USE PORTION OF ANDREW A WILCOX'S COUNTRY CLUB MEMBERSHIP WAS INCLUDED IN HIS FORM W-2. PERSONS PARTICIPATING IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B ANDREW WILCOX PARTICIPATES IN A 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN OF THE UNIVERSITY OF WISCONSIN FOUNDATION. THE UNIVERSITY OF WISCONSIN FOUNDATION CONTRIBUTED $82,846 TO THIS PLAN DURING 2010. MICHAEL KNETTER PARTICIPATES IN A 457(B) AND 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN OF THE UNIVERSITY OF WISCONSIN FOUNDATION. THE UNIVERSITY OF WISCONSIN FOUNDATION CONTRIBUTED $16,500 AND $167 RESPECTIVELY TO THESE PLANS DURING 2010. ORGANIZATION PROVIDING NON-FIXED PAYMENTS NOT DESCRIBED IN LINES 5 AND 6 SCHEDULE J, PART I, LINE 7 BEGINNING WITH CALENDAR YEAR 2007, THE INVESTMENT COMMITTEE OF THE UNIVERSITY OF WISCONSIN FOUNDATION BOARD INSTITUTED AN INCENTIVE COMPENSATION PLAN FOR SELECTED PARTICIPANTS OF THE UW FOUNDATION INVESTMENT MANAGMENT GROUP. THE BOARD OF DIRECTORS AND THE PRESIDENT OF THE UNIVERSITY OF WISCONSIN FOUNDATION APPROVED THE ESTABLISHMENT OF THE PLAN WHICH IS DETAILED BELOW: PARTICIPANTS INCLUDE THE CHIEF INVESTMENT OFFICER AND SENIOR MANAGING DIRECTOR OF INVESTMENTS. OTHERS MAY BE ADDED IN THE FUTURE AS RECOMMENDED BY THE PRESIDENT OF THE UNIVERSITY OF WISCONSIN FOUNDATION AND APPROVED BY THE INVESTMENT COMMITTEE AND BUDGET AND PERSONNEL COMMITTEE. INCENTIVE COMPENSATION IS ZERO TO 50% OF ANNUAL CASH COMPENSATION AS DETERMINED BY A RETROSPECTIVE ANALYSIS COMPLETED EACH FEBRUARY FOR THE PRIOR FISCAL YEAR. THE AMOUNT WILL BE RECOMMENDED BY THE PRESIDENT AND THEN DECIDED BY THE INVESTMENT COMMITTEE. THIS INCENTIVE COMPENSATION WILL NOT TRIGGER ADDITIONAL CONTRIBUTIONS TO THE FOUNDATION'S DEFINED CONTRIBUTION PENSION PLAN. FACTORS TO CONSIDER IN DETERMINING THE SIZE OF THE AWARD ARE: - ABSOLUTE RETURNS ON THE ENDOWMENT OVER THE PAST 1, 3 AND 5 YEARS VERSUS THE 10% LONG TERM TARGET. - RETURNS ON THE ENDOWMENT OVER THE PAST 1, 3 AND 5 YEARS VERSUS PEER GROUP AND BENCHMARK COMPARISONS. - RETURNS ON THE SHORT TERM PORTFOLIO FOR THE PAST 1, 3 AND 5 YEARS VERSUS LIBOR. - ASSESSMENT OF THE PROFESSIONAL AND WORKING RELATIONSHIPS BETWEEN PARTICIPANTS AND: - THE INVESTMENT COMMITTEE - OTHER ASSOCIATES OF THE UNIVERSITY OF WISCONSIN FOUNDATION - DONORS THE METHOD OF PAYMENT INCLUDES CASH OR DEFERRED COMPENSATION, THE LATTER SUBJECT APPROPRIATE IRS AND SEC REGULATIONS. THE PARTICIPANTS MAY SELECT THE FORM OF COMPENSATION IN INCREMENTS OF 25%. X 20 625597 OTHER X 594980 APPRAISAL/OTHER X 1 13600 OTHER X 592 17874873 OTHER X 2 154490 OTHER X 38 157321 OTHER X 1 700000 APPRAISAL X 2 179000 OTHER X AIRLINE TICKETS 2 10406 OTHER X COMPUTER EQUIPMENT 1 1 OTHER X CREW ROWING EQUIPMENT 3 19500 APPRAISAL/COST X EVENT HOSTING 1 1020 OTHER X EVENT TICKETS 2 793 OTHER X GLASS BLOWING EQUIPMENT 1 5000 OTHER X HORSE 1 8000 APPRAISAL X JEWELRY 1 1 OTHER X LIVESTOCK EQUIPMENT 1 1005 OTHER X MEDICAL EQUIPMENT 5 108236 OTHER X MISCELLANEOUS 9 8655 OTHER X PHOTOS/FRAMING 9 5075 OTHER X LIFE INSURANCE POLICIES 3 84373 OTHER X ROYALTIES 5 5 OTHER 30 false true true COLUMN B REPORTING EXPLANATION: SCHEDULE M, PART I, COLUMN B THE ORGANIZATION IS REPORTING NUMBER OF CONTRIBUTIONS IN COLUMN B OF SCHEDULE M, PART I. THIRD PARTIES AND NON-CASH CONTRIBUTIONS SCHEDULE M, PART I, LINE 32 The University of Wisconsin Foundation hires real estate agents at arm's length as necessary to sell real estate that is not transferred to the University of Wisconsin. FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES: PART V, QUESTION 4A & 4B THE ORGANIZATION HAS EVALUATED ITS FOREIGN OFFSHORE INVESTMENT FUND HOLDINGS BASED ON RECENT IRS GUIDANCE AND IS EXEMPT FROM FILING FORM TD F 90-22.1 TO REPORT ITS INTERESTS IN FOREIGN FINANCIAL ACCOUNTS. THESE ACCOUNTS ARE FOREIGN OFFSHORE INVESTMENT FUND HOLDINGS AND DO NOT MEET THE DEFINITION OF FOREIGN MUTUAL FUNDS REQUIRING DISCLOSURE. REPORTABLE BUSINESS RELATIONSHIPS: PART VI, SECTION A, QUESTION 2 SAN WATTERSON ORR JR AND MICHAEL M. KNETTER - BUSINESS RELATIONSHIP DR. FREDERICK A. ROBERTSON AND FRANCES SHUTER TAYLOR - BUSINESS RELATIONSHIP JOHN J. OROS AND PAUL COLLINS - BUSINESS RELATIONSHIP SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS: PART VI, SECTION A, QUESTION 4 SIGNIFICANT CHANGES TO THE ORGANIZATION'S BYLAWS INCLUDE: NUMBER OF GOVERNING BODY'S VOTING MEMBERS HAS CHANGED FROM 35 TO NO LESS THAN TWENTY-FIVE (25) AND NO GREATER THAN FORTY-FIVE (45). THE AUTHORITY AND DUTIES FOR THE CHAIR OF THE BOARD HAVE CHANGED TO INCLUDE ONLY THOSE DUTIES AND AUTHORITY AS MAY BE PRESCRIBED OR ASSIGNED TO THE CHAIR FROM TIME TO TIME BY THE BOARD OF DIRECTORS. THE AUTHORITY AND DUTIES FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER HAVE CHANGED TO INCLUDE AUTHORITY TO APPOINT SUCH AGENTS AND NON-OFFICER EMPLOYEES OF THE CORPORATION AS THE PRESIDENT DEEMS NECESSARY, TO PRESCRIBE THEIR POWERS, DUTIES, AND COMPENSATION, AND TO DELEGATE AUTHORITY TO THEM AS WELL AS AUTHORITY TO SIGN, EXECUTE AND ACKNOWLEDGE, ON BEHALF OF THE CORPORATION, ALL DEEDS, MORTGAGES, BONDS, CONTRACTS, LEASES, REPORTS AND ALL OTHER DOCUMENTS OR INSTRUMENTS NECESSARY OR PROPER TO BE EXECUTED IN THE USUAL AND REGULAR COURSE OF THE CORPORATION'S ACTIVITIES. THE PRESIDENT SHALL PERFORM OTHER DUTIES AND HAVE SUCH OTHER AUTHORITY AS MAY BE PRESCRIBED OR DELEGATED OR ASSIGNED TO THE PRESIDENT FROM TIME TO TIME BY THE CHAIR OR BY THE BOARD OF DIRECTORS. THE POLICY AND PROCEDURES REGARDING INDEMNIFICATION HAVE BEEN MODIFIED. ORGANIZATION'S MEMBERS: PART VI, SECTION A, QUESTION 6 ACCORDING TO UNIVERSITY OF WISCONSIN FOUNDATION BYLAWS, ARTICLE II. MEMBERS: "2.01. NUMBER. THE CORPORATION SHALL HAVE AT LEAST ONE HUNDRED (100) MEMBERS AND NO MORE THAN FIVE HUNDRED (500) MEMBERS, THE EXACT NUMBER TO BE DETERMINED FROM TIME TO TIME BY THE NUMBER OF PERSONS ELECTED TO MEMBERSHIP." "2.02. QUALIFICATIONS. MEMBERS SHALL BE NATURAL PERSONS. MEMBERSHIP SHALL BE PERSONAL TO A MEMBER AND NO MEMBERSHIP OR RIGHTS OF A MEMBER SHALL BE ASSIGNED OR TRANSFERRED IN ANY MANNER. IT SHALL NOT BE A CONDITION OF MEMBERSHIP THAT A PERSON SHALL HAVE BEEN A GRADUATE OR STUDENT OR FORMER STUDENT OF A UNIVERSITY OR COLLEGE, OR SHALL HAVE HELD ANY OFFICE, POSITION OR MEMBERSHIP IN ANY OTHER ORGANIZATION, PUBLIC OR PRIVATE." MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF GOVERNING BODY: PART VI, SECTION A, QUESTION 7A ACCORDING TO UNIVERSITY OF WISCONSIN FOUNDATION BYLAWS, ARTICLE II. MEMBERS: "2.09. NOTICE OF MEETING. WRITTEN NOTICE STATING THE DATE, TIME, AND PLACE OF THE MEETING AND, IN THE CASE OF A SPECIAL MEETING, THE PURPOSE OR PURPOSES FOR WHICH THE MEETING IS CALLED, SHALL BE GIVEN NOT LESS THAN FIVE (5) DAYS NOR MORE THAN FIFTY (50) DAYS BEFORE SUCH MEETING BY OR AT THE DIRECTION OF THE CHAIR, IF THE CHAIR CALLED THE MEETING, OR THE SECRETARY, IF THE BOARD OF DIRECTORS CALLED THE MEETING OR THE SECRETARY CALLED THE MEETING AT THE REQUEST OF MEMBERS, TO EACH MEMBER ENTITLED TO VOTE AT SUCH MEETING. NOTICE MAY BE GIVEN IN PERSON OR BY ANY RELIABLE MEANS OF COMMUNICATION PERMITTED BY WISCONSIN STATUTES, INCLUDING E-MAIL, FACSIMILE TRANSMISSION, OR CONVENTIONAL MAIL. IF MAILED, SUCH NOTICE SHALL BE DEEMED TO BE DELIVERED WHEN DEPOSITED IN THE UNITED STATES MAIL, ADDRESSED TO THE MEMBER AT HIS/HER ADDRESS AS IT APPEARS IN THE RECORDS OF THE CORPORATION WITH POSTAGE THEREON PREPAID." "2.10. QUORUM. TWENTY PERCENT (20%) OF THE MEMBERS ENTITLED TO VOTE, REPRESENTED IN PERSON OR BY PROXY, SHALL CONSTITUTE A QUORUM AT A MEETING OF THE MEMBERS. IF A QUORUM IS PRESENT, THE AFFIRMATIVE VOTE OF THE MAJORITY OF THE MEMBERS REPRESENTED AT THE MEETING AND ENTITLED TO VOTE ON THE SUBJECT MATTER SHALL BE THE ACT OF THE MEMBERS UNLESS THE VOTE OF A GREATER NUMBER IS REQUIRED BY LAW. THOUGH LESS THAN A QUORUM OF THE MEMBERS ARE REPRESENTED AT A MEETING, A MAJORITY OF THE MEMBERS SO REPRESENTED MAY ADJOURN THE MEETING FROM TIME TO TIME WITHOUT FURTHER NOTICE. AT SUCH ADJOURNED MEETING AT WHICH A QUORUM SHALL BE PRESENT OR REPRESENTED, ANY BUSINESS MAY BE TRANSACTED WHICH MIGHT HAVE BEEN TRANSACTED AT THE MEETING AS ORIGINALLY NOTIFIED." "2.12. VOTING OF MEMBERS. EACH MEMBER SHALL BE ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. THE AFFIRMATIVE VOTE OF A MAJORITY OF THE VOTES ENTITLED TO BE CAST BY MEMBERS PRESENT, IN PERSON OR BY PROXY, AT A MEETING AT WHICH A QUORUM IS PRESENT SHALL BE THE ACT OF THE MEMBERS, UNLESS A GREATER NUMBER OF VOTES IS REQUIRED BY LAW, THE ARTICLES OF INCORPORATION OR THESE BYLAWS." DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERS: PART VI, SECTION A, QUESTION 7B ACCORDING TO UNIVERSITY OF WISCONSIN FOUNDATION BYLAWS, ARTICLE VIII. AMENDMENTS: "8.01. BY MEMBERS. THESE BY-LAWS MAY BE ALTERED, AMENDED OR REPEALED AND NEW BY-LAWS MAY BE ADOPTED BY THE MEMBERS BY AFFIRMATIVE VOTE OF NOT LESS THAN A MAJORITY OF THE VOTES ENTITLED TO BE CAST BY THE MEMBERS PRESENT IN PERSON OR REPRESENTED BY PROXY AT A MEETING OF MEMBERS AT WHICH QUORUM IS PRESENT, UNLESS A GREATER VOTE IS REQUIRED BY LAW, THE ARTICLES OF INCORPORATION, OR THESE BYLAWS." PROCESS ORGANIZATION USES TO REVIEW FORM 990: PART VI, SECTION B, QUESTION 11A THE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM IN COORDINATION WITH THE UNIVERSITY OF WISCONSIN FOUNDATION FINANCE DEPARTMENT. ONCE A DRAFT OF THE FORM 990 IS RECEIVED FROM THE INDEPENDENT CERTIFIED ACCOUNTING FIRM, A LINE BY LINE REVIEW OF THE RETURN IS COMPLETED BY THE SENIOR ACCOUNTANT OF THE UNIVERSITY OF WISCONSIN FOUNDATION WHO HOLDS A MASTERS OF TAXATION DEGREE, IS A CERTIFIED PUBLIC ACCOUNTANT, AND HAS SIGNIFICANT NOT-FOR-PROFIT TAX EXPERIENCE. UPON COMPLETION OF THIS REVIEW, THE RETURN IS REVIEWED BY THE CHIEF FINANCIAL OFFICER OF THE UNIVERSITY OF WISCONSIN FOUNDATION. ANY QUESTIONS OR ISSUES ARE ADDRESSED AND RESOLVED BY THE SENIOR ACCOUNTANT AND CHIEF FINANCIAL OFFICER. THE CERTIFIED PUBLIC ACCOUNTING FIRM MAKES ANY NECESSARY ADJUSTMENTS AND FOWARDS A REVISED RETURN TO THE SENIOR ACCOUNTANT. THE REVIEW PROCESS IS THEN REPEATED UNTIL ALL ISSUES ARE RESOLVED. UPON RECEIPT OF A FINAL DRAFT THE RETURN IS REVIEWED BY THE AUDIT COMMITTEE OF THE UNIVERSITY OF WISCONSIN FOUNDATION PRIOR TO SIGNATURE AND FILING. PRIOR TO FILING THE FORM 990 IS PROVIDED ELECTRONICALLY OR IN PAPER FORM TO ALL BOARD MEMBERS FOR REVIEW. ISSUES OR QUESTIONS FROM BOARD MEMBERS REGARDING THE TAX RETURN ARE RESOLVED PRIOR TO FILING THE RETURN AND INCORPORATED INTO THE RETURN IF REQUIRED. IN THE EVENT THERE ARE CHANGES, A REVISED FINAL VERSION IS SENT TO ALL BOARD MEMBERS WITH DETAILED DESCRIPTIONS OF THE CHANGES. HOW ORGANIZATION MONITORS AND ENFORCES CONFLICT OF INTEREST POLICY: PART VI, SECTION B, QUESTION 12C ALL OFFICERS, DIRECTORS, KEY EMPLOYEES, AND EMPLOYEES OF THE UNIVERSITY OF WISCONSIN FOUNDATION ARE COVERED UNDER THE FOUNDATION'S CONFLICT OF INTEREST POLICY. OFFICERS, DIRECTORS, KEY EMPLOYEES, AND EMPLOYEES ARE TO DISCLOSE INTERESTS THAT MAY LEAD TO A CONFLICT. OFFICERS, DIRECTORS, AND KEY EMPLOYEES COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE INTERESTED PARTY MUST FULLY DISCLOSE ANY POTENTIAL CONFLICTS AND COMPLETELY RECUSE HIM/HERSELF FROM THE DISCUSSION AND ANY RELATED VOTE. PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT: PART VI, SECTION B, QUESTIONS 15A & 15B ANNUALLY THE COMPENSATION SUBCOMMITTEE OF THE BUDGET AND PERSONNEL COMMITTEE MEETS TO: 1) DETERMINE AND APPROVE THE PRESIDENT'S PAY, AND 2) REVIEW AND APPROVE THE PAY RECOMMENDATIONS MADE BY THE PRESIDENT FOR ALL OTHER OFFICERS. THE COMPENSATION SUBCOMMITTEE IS COMPOSED OF THE FOLLOWING MEMBERS OF THE BOARD: CHAIRMAN, VICE CHAIR, BUDGET AND PERSONNEL COMMITTEE CHAIR, AND SELECT OTHER BOARD MEMBERS. THE SUBCOMMITTEE REVIEWS SALARY SURVEYS ADMINISTERED BY PROFESSIONAL COMPENSATION CONSULTANTS THAT INCLUDE BIG TEN, BIG 12 AND OTHER UNIVERSITY FOUNDATIONS AND DEVELOPMENT DEPARTMENTS. THE SUBCOMMITTEE USES THIS MARKET DATA IN CONJUNCTION WITH INDIVIDUAL JOB PERFORMANCE AND THE FOUNDATION'S COMPENSATION PHILOSOPHY TO BE COMPETITIVE ON A NATIONAL BASIS FOR SIMILAR JOBS IN SIMILAR ORGANIZATIONS AS A BASIS FOR REVIEWING AND APPROVING ANY RECOMMENDATIONS. ACTIONS TAKEN ARE REFLECTED IN THE MINUTES OF EACH COMMITTEE MEETING. MINUTES ARE DISTRIBUTED, REVIEWED, AND OFFICIALLY APPROVED AT SUBSEQUENT MEETINGS. OTHER CHANGES IN NET ASSETS OR FUND BALANCES: PART XI, LINE 5 OTHER CHANGES IN NET ASSETS OR FUND BALANCES IS COMPRISED OF: UNREALIZED GAIN/LOSS : $174,823,856 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:W Jerome Frautschi TITLE:Director Term Exp. 6/2013 HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Andrew A Wilcox TITLE:Pres Emeritus Term Exp 1/2011 HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Jennifer L Kidon DeKrey TITLE:CFO & Treasurer Continuous HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Marion F Brown TITLE:Vice President Continuous HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Russell N Howes TITLE:Vice President Continuous HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Bonnie L Schumacher TITLE:Vice President Continuous HOURS:1 UW-MADISON SUPPORTING ORGANIZATION INC 1848 UNIVERSITY AVENUE MADISON WI 53726 391947636 SUPPORT ORG. WI 501(c)(3) 11A TYPE I UNIV WI FNTN THE EVJUE FOUNDATION INC PO BOX 8060 MADISON WI 53708 396073981 SUPPORT ORG WI 501(C)(3) 11A TYPE 1 NA false false true false false false false false false false false false true true false false false false UW-MADISON SUPPORTING ORGANIZATION INC C 1558269 TRANSACTIONS WITH RELATED ORGANIZATIONS SCHEDULE R, PART V, LINES 1M & 1N THE UNIVERSITY OF WISCONSIN FOUNDATION SHARES FACILITIES, EQUIPMENT, AND PAID EMPLOYEES WITH THE UNIVERSITY OF WISCONSIN SUPPORTING ORGANIZATION; HOWEVER, THE EXACT DOLLAR AMOUNT OF SUPPORT PROVIDED IS NOT READILY DETERMINABLE.