2026-05-04T13:00:23-05:00 2025-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2024-07-01 237098404 University of Idaho Foundation Inc UNIV 2088854000 875 Perimeter Drive MS 3143 Moscow ID 838443143 Linda Campos Chief Financial Officer 2088854000 2026-05-04 1 1 Kim Hunwardsen CPA P00484560 6122536500 2026-04-29 2024 2025-03-06 01:10:19Z Ben McLuen 875 Perimeter Drive MS 3143 Moscow ID 838443143 189933122 0 X www.uidahofoundation.org X 1970 ID Inspire, manage & distribute private support to enhance the excellence of University of Idaho 19 19 0 553 -3716 0 28903270 37433785 486117 0 21868591 23671616 42483 107390 51300461 61212791 29822971 45169960 0 0 1555591 1817769 0 0 295589 1955693 1803852 33334255 48791581 17966206 12421210 508865928 565089456 27670183 28563762 481195745 536525694 X The mission of the University of Idaho Foundation, Inc. is to inspire, manage, and distribute private support to enhance the excellence of the University of Idaho. 1 0 45169960 45169960 University Support: Accept, manage, invest, and distribute gifts and contributions from the general public for educational purposes and award such funds to the University of Idaho, including scholarships, student focused programs, faculty, research, and other support.Number of non-endowment donors: 6107Number of endowment donors: 1204Number of endowments: 1943 206004 Alumni Support: The Foundation supports Alumni Programs through its Office of Alumni Relations, which are designed to build and sustain meaningful relationships between the University and its alumni. These programs foster engagement through events, outreach, and volunteer opportunities that strengthen alumni connections to the University and its mission. During the year the Office of Alumni Relations sponsored 144 events, supported by approximately 89 volunteers, to provide engagement and connections with over 8,193 alumni and donors. Through these efforts, the Foundation builds alumni connections, develops volunteer leadership and promotes philanthropic support aligned with institutional priorities. 45375964 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 X 30 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X X Linda Campos Chief Financial Officer 2088854000 875 Perimeter MS 3143 Moscow ID 838443143 X Clint Marshall Chair 4.00 0.00 X X 0 0 0 Linda Copple Trout Past Chair 4.00 0.00 X X 0 0 0 Dan Hutchinson Vice Chair 4.00 0.00 X X 0 0 0 David Butler Secretary 4.00 0.00 X X 0 0 0 Annette Elg Treasurer 4.00 0.00 X X 0 0 0 Angella Broesch Director (As of Oct '25) 2.00 0.00 X 0 0 0 Kirby Dyess Director 2.00 0.00 X 0 0 0 Mark Engberg Director 2.00 0.00 X 0 0 0 John Hale Director 2.00 0.00 X 0 0 0 Mary Hasenoehrl Director 2.00 0.00 X 0 0 0 Dave Huotari Director (As of Oct '25) 2.00 0.00 X 0 0 0 Scott Madison Director 2.00 0.00 X 0 0 0 Samantha Parrott Director 2.00 0.00 X 0 0 0 Ken Pierce Director (As of Oct '25) 2.00 0.00 X 0 0 0 Stephen Pruss Director 2.00 0.00 X 0 0 0 Earl Reed Director 2.00 0.00 X 0 0 0 Ryne Stoker Director (As of Oct '25) 2.00 0.00 X 0 0 0 Travis Thompson Director 2.00 0.00 X 0 0 0 Bob Urso Director 2.00 0.00 X 0 0 0 Blair Wilson Director (Until Oct '25) 2.00 0.00 X 0 0 0 Craig Olson Director (Until Oct '25) 2.00 0.00 X 0 0 0 Robert Dixon Director (Until Mar '25) 2.00 0.00 X 0 0 0 Rod Gramer Director (Until Oct '25) 2.00 0.00 X 0 0 0 Bob Maynard Director (Until Feb '25) 2.00 0.00 X 0 0 0 Bill McCann Director (Until Oct '25) 2.00 0.00 X 0 0 0 Joanne Stringfield Director (Until Oct '25) 2.00 0.00 X 0 0 0 Benjamin McLuen Chief Executive Officer 40.00 0.00 X 286181 0 43819 Linda Campos Chief Financial Officer (As of Aug '24) 40.00 0.00 X 214313 0 34906 Christian Elsberry Vice President, Foundation Services 40.00 0.00 X 184266 0 31478 Jen Root Vice President, Development 40.00 0.00 X 204818 0 33020 Bobbi Hughes - Chief Strat Partnerships Officer for Engineering 40.00 0.00 X 171201 0 31706 Amy Lientz - Asst VP Alumni Relation & Exec Dir, Alumni Assoc. 40.00 0.00 X 144015 0 27312 Sharon Morgan Senior Director, OETGP 40.00 0.00 X 136766 0 27905 Ann Barrington Senior Director, Development 40.00 0.00 X 124951 0 25671 Mahmood Sheikh - Associate Athletic Director of Development 40.00 0.00 X 119383 0 28275 1585894 0 284092 0 0 1 1 Polen Capital 1825 NW Corporate Blvd Suite 300 Boca Raton FL 33431 Investment Manager 238822 Cambridge Associates PO Box 412015 Boston MA 02241 Investment Consultant 225000 Holland & Hart PO Box 17283 Denver CO 802170283 Legal Services 189542 LSV Asset Management 155 North Wacker Drive Chicago IL 60606 Investment Manager 124923 Mondrian 1105 N Market Street Suite 1118 Wilmington DE 19801 Investment Manager 116146 6 37433785 3864568 37433785 10746668 -3716 10750384 107390 0 107390 107390 107390 141645279 128720331 12924948 12924948 12924948 61212791 0 -3716 23782722 45162308 45162308 7652 7652 1385791 157049 1003397 225345 308536 34966 223399 50171 123442 13989 89380 20073 218785 218785 101035 101035 1076609 1076609 100787 100787 61508 61508 19442 19442 38662 38662 89984 89984 Credit Card Processing 73479 73479 Property and Income Tax 12971 12971 Membership Dues and Sub 10590 10590 48791581 45375964 3120028 295589 47608035 50437274 7907812 10891920 468625 533314 7034000 6884000 7034000 353595196 382833330 91841678 102156883 560582 11202735 508865928 565089456 15870608 16678672 4522842 0 7276733 11885090 27670183 28563762 X 10441895 13030269 470753850 523495425 481195745 536525694 508865928 565089456 X 12421210 24474719 18434020 X X 0 1 X 1 0 X 33994966 47415219 27986945 28870300 37433785 175701215 7910153 7910153 33994966 47415219 27986945 28870300 45343938 183611368 6976585 176634783 6001525 7245015 8279418 9829520 10857774 42213252 25878 84776 0 110654 233816 1353 246 45 235460 226170734 1530291 0.78100 0.77820 X Schedule A, Part II, Line 10, Explanation of Other Income: Commission Recapture - 2020 Amount: $ 6,000. 2021 Amount: $ 1,353. 2022 Amount: $ 246. 2023 Amount: $ 45. 2024 Amount: $ 0. Change in Cash Surrender Value of Life Insurance - 2020 Amount: $ 182,439. Other - 2020 Amount: $ 45,377. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 416024718 16287223 44575183 17196500 3551206 456139418 380973168 14422607 39993600 16087115 3277542 416024718 359276858 13469477 26210896 14946260 3037803 380973168 375861665 22888613 -23380773 13649168 2443479 359276858 288484373 15528879 87013468 12803150 2361905 375861665 0.00000 0.76860 0.23140 0 0 7034000 7034000 7034000 Private Equity Funds 68335435 F International Equity Funds 33821448 F 102156883 Split Interest Trusts 6568127 Due to University of Idaho 5316963 11885090 93841664 24474719 7910153 431027 889583 33705482 60136182 1076609 1076609 61212791 56059311 7910153 434186 8344339 47714972 1076609 1076609 48791581 Part V, Line 4: The University of Idaho Foundation holds nearly 2,000 endowment accounts established by donors. Donors have funded these accounts to provide support in perpetuity to the University for a variety of purposes, including student scholarships and fellowships, faculty positions, research, facilities, and other programmatic support. Part XI, Line 2d - Other Adjustments: Change in Fair Vaule of Split-Interest Agreements 1,090,730. Change in Fair Value of Beneficial Interest Held by Third Parties -201,147. Part XII, Line 2d - Other Adjustments: Uncollectable Pledges 434,186. Central America and the Caribbean 0 0 Investments 25663000 Europe (Including Iceland & Greenland) 0 0 Investments 7889000 0 0 0 0 0 0 33552000 0 33552000 1 0 1 1 1 0 Schedule F, Part IV: The Foundation reviews its direct and indirect investments during the tax period for determining required foreign filings. The Foundation makes direct and indirect transfers to foreign corporations and foreign partnerships. The Foundation would file Form 926 or Form 8865 if the transfers met the requirements for filing. The Foundation's transfers to foreign corporations did require filing Form 926. The Foundation's transfers to foreign partnerships did require filing Form 8865. The Foundation has ownership interests in foreign corporations and foreign partnerships. The Foundation would file Form 5471 or Form 8865 if the ownership met the requirements for filing. The Foundation's ownership in foreign corporations did not require filing Form 5471. The Foundation's ownership in foreign partnerships did not require filing Form 8865. The Foundation invests in partnerships that hold direct or indirect interests in passive foreign investment companies (PFICs). The Foundation would file Form 8621s for underlying investments that generate unrelated business income. The Foundation would not file Form 8621s where the investment partnerships have properly filed Form 8621s, or where the underlying investments did not generate any unrelated business income. The Foundation did not require filing Form 8621. 1 University of Idaho 875 Perimeter Dr Moscow ID 83844 826000094 State of Idaho 45137583 0 Scholarships, student related programs, faculty, research, and program support Festival Dance and Performing Arts Association 875 Perimeter Dr MS2403 Moscow ID 83844 820430133 501(c)(3) 12216 0 Enhance communities through performances, education and outreach programs. Northwest Public Broadcast co Washington State University Foundation PO Box 641927 Pullman WA 991641927 911075542 501(c)(3) 11585 0 Supporting radio broadcasting in rural communities. 3 0 Charitable Remainder Trust Income Payment to Income Beneficiary 1 7652 Part I, Line 2: Monitoring the use of grants or other assistance: The University of Idaho Foundation processes gifts and makes distributions to the University of Idaho. Internal controls are employed to safeguard assets. The University of Idaho completes a review and sign off to verify the funds are distributed correctly after the University receives the funds. Distributions to the University of Idaho are made in accordance with endowment agreements, gift use agreements, and donor directives. X 0 0 0 0 0 0 0 0 0 Benjamin McLuen Chief Executive Officer 286181 0 0 0 0 0 29069 0 14750 0 330000 0 0 0 Linda Campos Chief Financial Officer (As of Aug '24) 214313 0 0 0 0 0 20156 0 14750 0 249219 0 0 0 Jen Root Vice President, Development 204818 0 0 0 0 0 19270 0 13750 0 237838 0 0 0 Christian Elsberry Vice President, Foundation Services 184266 0 0 0 0 0 17728 0 13750 0 215744 0 0 0 Bobbi Hughes - Chief Strat Partnerships Officer for Engineering 171201 0 0 0 0 0 16956 0 14750 0 202907 0 0 0 Amy Lientz - Asst VP Alumni Relation & Exec Dir, Alumni Assoc. 144015 0 0 0 0 0 13562 0 13750 0 171327 0 0 0 Sharon Morgan Senior Director, OETGP 136766 0 0 0 0 0 13155 0 14750 0 164671 0 0 0 Ann Barrington Senior Director, Development 124951 0 0 0 0 0 11921 0 13750 0 150622 0 0 0 Form 990, Part VII, Section A, Line 5: The University of Idaho Foundation employees are compensated by the University of Idaho, an unrelated organization. The Foundation reimburses the University for a portion of these personnel costs. Accordingly, the portion of fiscal year compensation paid by the Foundation is reported as an expense on Form 990, Part IX, and calendar year compensation is reported on Form 990, Part VII and Schedule J, Part II as required. X 54 3714568 Avg High/Low X 1 150000 Fair Market Value 0 0 1 1 Part I, Column (b): Column (b) includes the number of contributions received. Part I, Line 32b: Brokerage firms such as UBS, Vanguard, and D.A. Davidson are used to liquidate noncash gifts, such as stock. All FMV figures shown on Schedule M, Line 9 are determined using the average price between the highest and lowest quoted selling prices on the date the contribution was received. Schedule M, Line 31: The Board of Directors established a Gift Acceptance Committee with formal policies and procedures requiring the review of gifts of property and other non-standard gifts. Such gifts require full board approval. Form 990, Part III, line 2 During the year, the Foundation began reporting its Alumni Support program as part of its programs to foster alumni engagement. On July 1, 2024, University Advancement merged into the Foundation, forming one unified philanthropic organization. The expanded organization now is responsible for fundraising, engagement, information and technology services, financial operations and investment management to support activities under the Foundation's mission to inspire, manage and distribute private support for the benefit of the University. Part V, Lines 2a/2b and Part IX, Lines 5-9: The Foundation reports zero Forms W-2 filed as payroll and related filings are administered by the University. Salary and benefits expenses reported in functional expenses represent payroll reimbursements paid to the University by the Foundation. Form 990, Part VI, Section A, line 1a The governing body of the Foundation delegates to the Executive Committee the authority to act on its behalf. The Executive Committee members include the Chair, Vice-Chair, Past-Chair, Treasurer and Secretary. All Executive Committee members are voting directors of the Board. The Chief Executive Officer and Chief Financial Officer of the Foundation both serve in an advisory capacity to the Executive Committee in a non-voting capacity. The Executive Committee shall possess and exercise all powers of the Board in between the meetings of the Board, except the Executive Committee shall not have the authority to (a) authorize distributions, (b) approve dissolution, merger or the sale, pledge or transfer of all or substantially all of the Foundation's assets, (c) elect, appoint or remove Directors or fill vacancies on the Board or any of its committees or (d) adopt, amend or repeal the Articles or Bylaws. Form 990, Part VI, Section B, line 11b Process to Review Form 990 - After preparation and thorough review by the Foundation Controller, Chief Financial Officer, external tax advisors and the Board Treasurer, a draft of the completed Form 990 is shared with the Audit Committee for review and comment, and then with the full Board prior to filing. While no formal vote is required prior to filing, Foundation staff ensure that adequate time is allowed to address any questions or concerns of the Board prior to completing the filing with the IRS. Form 990, Part VI, Section B, line 12c Conflict of Interest Compliance - All officers, directors, and employees are provided with the Conflict of Interest Policy annually and must acknowledge in writing that they have read, understand and agree to abide by the policy. Additionally, all parties must disclose any potential conflicts and all such disclosures are considered by the appropriate governing body to determine any required action or recusal. Form 990, Part VI, Section B, line 15 Compensation Policies - The Chief Executive Officer (CEO) and other Officers and Key Employees of the Foundation are employees of the University of Idaho who are loaned to the Foundation via written agreement. The University performs compensation studies and coordinates compensation of such employees in conjunction with University policies. The CEO is hired by the Foundation Board of Directors, who consider the compensation studies in establishing the salary for the CEO. Form 990, Part VI, Section C, line 19 Public Disclosure Procedures - The audited financial statements of the Foundation are posted on the public website www.uidaho.edu/foundation. Governing documents and conflict of interest policies are available upon request. Form 990, Part VII, Column F: The Organization participates in the Public Employee Retirement System of Idaho, a defined benefit plan, due to the size and varied participants in this plan the actuarial value is not calculated on a per employee basis. The amount included in column F for deferred compensation includes the actual contributions to the plan, but does not include any amount for a reasonable estimate of the increase in actuarial value. Form 990, Part XI, line 9: Write Off of Uncollectable Pledges -434,186. Change in FV of Beneficial Interest -201,147. Adjustment for restatement from GASB to FASB 17,547,596. Change in FV of Split-Interest Agreements 1,090,730. Previously Distributed Endowment Earnings 431,027. Form 990, Part XII, Line 2c: The Board of Directors selects the independent auditor and receives the audited financial statements and auditors opinion. Vandal Properties LLC 875 Perimeter Drive MS 3143 Moscow ID 838443143 237098404 Real Estate ID 150000 150000 University of Idaho Foundation Inc University of Idaho Strategic Initiatives Fund Inc 875 Perimeter Drive MS 3166 Moscow ID 838443166 854329439 To support University of Idaho ID 501(c)(3) Line 12a, I N/A 0 Charitable Remainder Unitrust (18) Charitable Trusts ID N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1