2023-11-15T10:00:40-06:00 2023-06-30 540618213 HANTZMON WIEBEL LLP PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2022-07-01 510159775 THE UNIVERSITY OF VIRGINIA MCINTIRE SCHOOL OF COMMERCE FOUNDATION UNIV 4342432049 PO BOX 400173 CHARLOTTESVILLE VA 22904 STUART EVANS EXECUTIVE DIRECTOR 4342432049 2023-11-15 1 STUART EVANS XXX-XX-XXXX 0 TRAVIS W SIMPSON P00481332 4342962156 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STUART EVANS PO BOX 400173 CHARLOTTESVILLE VA 22904 20520511 0 X WWW.COMMERCE.VIRGINIA.EDU\ABOUT X 1975 VA TO FURTHER THE AIMS AND PURPOSES OF THE UNIVERSITY OF VIRGINIA MCINTIRE SCHOOL OF COMMERCE. 36 34 22 295 0 0 20533748 19405271 33591 27329 -155241 -52035 0 0 20412098 19380565 12368985 9383386 0 0 2780751 3039157 0 0 1823615 1779190 1826315 16928926 14248858 3483172 5131707 155832929 162965294 172208 170094 155660721 162795200 TO FURTHER THE AIMS AND PURPOSES OF THE UVA MCINTIRE SCHOOL OF COMMERCE THROUGH RAISING FUNDS, PROVIDING EXECUTIVE EDUCATION PROGRAMS, AND SUPPORTING THE SCHOOLS SEVEN CENTERS OF EXCELLENCE. 0 0 2248301 9750 27329 SEVEN "CENTERS OF EXCELLENCE" FORTIFY THE MCINTIRE SCHOOL'S CURRICULUM, SUPPORT STUDENTS AND FACULTY, OFFER INNOVATIVE, AMBITIOUS, CUTTING-EDGE RESEARCH PROJECTS, SUPPORT FORUMS AND ONGOING LECTURE SERIES, AND BOOST THE SCHOOL'S ABILITY TO NURTURE STUDENTS INTO CREATIVE, INTUITIVE, AND RESPONSIBLE BUSINESS PROFESSIONALS. THE FOUNDATION ALSO OFFERS MCINTIRE SCHOOL STUDENTS OPPORTUNITIES TO TAKE PART IN CONTEMPLATIVE SCIENCES, PARTICIPATE IN STUDENT INVESTMENT CLUBS, AND ENHANCE THEIR ABILITIES TO CREATE, MANAGE, AND LEAD HIGH-PERFORMING TEAMS. 1217177 1217177 THE FOUNDATION PROVIDED NEED-BASED AND MERIT-BASED SCHOLARSHIPS AND AWARDS TO APPROXIMATELY 107 UNDERGRADUATE AND GRADUATE STUDENTS DURING THE 2022-23 ACADEMIC YEAR. 8156459 8156459 THE FOUNDATION MADE CASH PAYMENTS TO THE MCINTIRE SCHOOL FOR GENERAL OPERATIONS, FACULTY SUPPORT, AND PROGRAM SUPPORT, AND TRANSFERRED FUNDS TO THE UNIVERSITY OF VIRGINIA FOR MCINTIRE SCHOOL BUILDING IMPROVEMENTS, RENOVATIONS, AND NEW CONSTRUCTION. 11621937 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 8 0 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 36 34 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 AK CA CO IL KY MA MD ME MI MN MS NH NJ NY OH OR SC UT WA DC NV X JAMES HEETDERKS 4342977989 PO BOX 400173 UNIVERSITY OF VA CHARLOTTESVILLE VA 22904 JOHN A GRIFFIN PRESIDENT 1.00 X X 0 0 0 RICHARD D TADLER EXECUTIVE VICE-PRESIDENT 1.00 X X 0 0 0 STUART T EVANS EXECUTIVE DIRECTOR 20.00 X X 110300 0 29824 ROBERT W THARPE II SECRETARY AND TREASURER 4.00 X X 17500 0 4895 ANN G BACKOF TRUSTEE 1.00 X 0 0 0 BALTIMORE THOMAS TRUSTEE 1.00 X 0 0 0 ANN KIM CHUNG TRUSTEE 1.00 X 0 0 0 MITCHELL R COHEN TRUSTEE 1.00 X 0 0 0 JOHN P CONNAUGHTON TRUSTEE 1.00 X 0 0 0 PETER E ENGEL TRUSTEE 1.00 X 0 0 0 STUART T EVANS TRUSTEE 1.00 X 0 0 0 SABINA ANSELMA EWING TRUSTEE 1.00 X 0 0 0 DONALD E FLOW TRUSTEE 1.00 X 0 0 0 MARK E GALANT TRUSTEE 1.00 X 0 0 0 KRISSY GATHRIGHT TRUSTEE 1.00 X 0 0 0 GREGG I GOLDENBERG TRUSTEE 1.00 X 0 0 0 ROBERT G HARPER IV TRUSTEE 1.00 X 0 0 0 JAMES G HARRIS TRUSTEE 1.00 X 0 0 0 PATRICK D HOGAN TRUSTEE 1.00 X 0 0 0 NICOLE THORNE JENKINS TRUSTEE 1.00 X 0 0 0 SCOTT M KELLEY TRUSTEE 1.00 X 0 0 0 H MERRITT LANE TRUSTEE 1.00 X 0 0 0 P JEFFREY LECK TRUSTEE 1.00 X 0 0 0 MARK LUELLEN TRUSTEE 1.00 X 0 0 0 KATHLEEN E MALLAS TRUSTEE 1.00 X 0 0 0 CRAIG W PACKER TRUSTEE 1.00 X 0 0 0 JOSHUA D PAULSON TRUSTEE 1.00 X 0 0 0 CURTIS W SCHADE TRUSTEE 1.00 X 0 0 0 CHRIS W SHUMWAY TRUSTEE 1.00 X 0 0 0 BRADLEY E SINGER TRUSTEE 1.00 X 0 0 0 JOHN G STATHIS TRUSTEE 1.00 X 0 0 0 JEFFREY C WALKER TRUSTEE 1.00 X 0 0 0 EARL E WEBB TRUSTEE 1.00 X 0 0 0 ROBERT M WHITE TRUSTEE 1.00 X 0 0 0 CATHERINE M WHITTIER TRUSTEE 1.00 X 0 0 0 RYAN WRIGHT TRUSTEE 1.00 X 0 0 0 FARHAD ZAMAN TRUSTEE 1.00 X 0 0 0 ROBERT N HOOVER TRUSTEE 1.00 X 0 0 0 CHARLES DAVIES SENIOR SOFTWARE DEVELOPER 40.00 X 116102 0 29156 MICHAEL ELLIOTT DIRECTOR OF ENTERPRISE SYSTEMS 40.00 X 135303 0 31291 ALLEN HOOVER DIRECTOR OF MEDIA AND DESIGN 40.00 X 120143 0 29700 MATTHEW SPOSATO ENTERPRISE SOFTWARE ARCHITECT 40.00 X 125821 0 30193 JAMES HEETDERKS DIRECTOR OF BUSINESS OPERATIONS 40.00 X 101315 0 26724 726484 0 181783 6 0 1 0 UVIMCO PO BOX 400125 CHARLOTTESVILLE VA 22904 INVESTMENT MANAGEMENT 277288 HUMANIFESTO STUDIOS LLC 20 ULSTER AVENUE SAUGERTIES NY 12477 CONSULTING SERVICES 103125 2 19405271 876892 19405271 EXECUTIVE PROGRAMS 611600 27329 27329 27329 187607 187607 900304 1139946 -239642 -239642 -239642 19380565 27329 0 -52035 8156459 8156459 1226927 1226927 162519 70062 92457 2256842 1079823 186292 990727 181787 74885 11595 95307 295069 145183 42633 107253 142940 62989 4934 75017 5750 816 4934 41875 41875 277288 277288 279160 207202 70768 1190 4055 4055 19845 10346 669 8830 160781 125690 26531 8560 81663 77740 3923 278089 84478 1054 192557 28738 14723 598 13417 33572 8615 24957 50645 18939 31706 MEALS AND ALUMNI EVENTS 364730 122665 675 241390 DUES AND SUBSCRIPTIONS 64380 59620 463 4297 GIFTS AND HONORARIA 45329 26084 83 19162 TELEPHONE 42456 32844 0 9612 47959 15847 4696 27416 14248858 11621937 803306 1823615 7730581 6743288 23274657 16863464 138094 150222 476065 440461 55679 35604 7918731 10783487 111263077 123362809 5452110 5026420 155832929 162965294 56727 33956 115481 136138 172208 170094 X 10603757 11056385 145056964 151738815 155660721 162795200 155832929 162965294 X 5131707 2008772 -6000 X X 0 1 X 1 0 X 10743226 29341291 23721542 20533748 19405271 103745078 10743226 29341291 23721542 20533748 19405271 103745078 36854756 66890322 21356 40877 109361 326 187607 359527 104104605 594508 0.64250 0.65590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 115168782 16083544 2257900 1226927 3876860 1368319 127038120 110292349 17379889 -5522325 768473 5303896 908762 115168782 68539080 16443218 33046942 350750 6706896 679245 110292349 59806009 11987777 3091590 436480 5780396 129420 68539080 57982351 5148267 3479162 434813 6096670 272288 59806009 0.05000 0.68000 0.27000 0 0 476065 440461 35604 35604 ALUMNI ASSOC. / UVIMCO LT POOL 123362809 F 123362809 ACCRUED SALARIES 122065 AGENCY ACCOUNTS 14073 136138 X 22294918 2683772 1253469 -745600 3191641 19103277 277288 277288 19380565 15160439 1253469 -70600 1182869 13977570 277288 -6000 271288 14248858 PART V, LINE 4: DONOR-RESTRICTED AND BOARD-DESIGNATED ENDOWMENTS WILL CONTINUE TO SUPPORT THE MCINTIRE SCHOOL WITH FUNDS FOR EDUCATION AND RESEARCH PROGRAMS, SCHOLARSHIPS AND AWARDS,PROFESSORSHIPS AND FACULTY SUPPORT, AND GENERAL OPERATIONS. PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES BY RECOGNIZING A TAX POSITION AS A LIABILITY IN THE FINANCIAL STATEMENTS WHEN IT IS "MORE-LIKELY-THAN-NOT" THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUATION OF AN ESTATE OF WHICH THE FOUNDATION IS A BENEFICIARY -675,000. INCREASE IN BAD DEBT ALLOWANCE NETTED WITH CONTRIBUTIONS ON 990 -70,600. PART XII, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN BAD DEBT ALLOWANCE NETTED WITH CONTRIBUTIONS ON 990 -70,600. PART XII, LINE 4B - OTHER ADJUSTMENTS: GIE EXPENSE FY24 -6,000. EUROPE FUNDRAISING/ALUMNI ENGAGEMENT 98055 EAST ASIA AND THE PACIFIC FUNDRAISING/ALUMNI ENGAGEMENT 35044 SOUTH ASIA FUNDRAISING/ALUMNI ENGAGEMENT 25414 NORTH AMERICA FUNDRAISING/ALUMNI ENGAGEMENT 3279 MIDDLE EAST AND NORTH AFRICA FUNDRAISING/ALUMNI ENGAGEMENT 5575 0 0 0 0 0 0 167367 0 167367 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 THE UNIVERSITY OF VIRGINIA PO BOX 400173 CHARLOTTESVILLE VA 22904 546001796 501(C)(3) 0 8145659 OTHER GRANTS AND ALLOCATIONS - TRANSFER TO UVA 1 AWARDS AND SCHOLARSHIPS 107 1217177 RESEARCH GRANTS 2 9750 PART I, LINE 2: CONTRIBUTIONS TO THE MCINTIRE SCHOOL ARE APPROVED VIA THE ANNUAL BUDGET, AND FOUNDATION MANAGEMENT AND TRUSTEES ARE GIVEN INSIGHT INTO THE USE OF THESE CONTRIBUTIONS THROUGH THE MCINTIRE SCHOOL'S BUDGET AND FINANCIAL REPORTS. CONTRIBUTIONS TO OUTSIDE ORGANIZATIONS ARE MONITORED BY THE EXECUTIVE DIRECTOR AND CENTERS OF EXCELLENCE DIRECTORS. SCHOLARSHIP AND AWARD RECIPIENTS ARE SELECTED AND MONITORED BY MCINTIRE SCHOOL FACULTY AND ADMINISTRATORS, AND THE FOUNDATION'S TREASURER. X 1 1 0 0 0 0 0 0 0 0 0 MICHAEL ELLIOTT DIRECTOR OF ENTERPRISE SYSTEMS 135303 0 0 0 0 0 12959 0 18332 0 166594 0 0 0 MATTHEW SPOSATO ENTERPRISE SOFTWARE ARCHITECT 125821 0 0 0 0 0 12504 0 17689 0 156014 0 0 0 PART I, LINE 1A THE FOUNDATION PAYS THE COST OF MEMBERSHIP TO UNIVERSITY OF VIRGINIA RECREATION OR ANOTHER FITNESS CLUB ( UP TO $450 ANNUALLY), AT THE EMPLOYEE'S REQUEST. PART I, LINE 3 THE FOUNDATION DOES NOT COMPENSATE ANY OFFICERS SINCE THEY ARE EMPLOYEES OF THE UNIVERSITY OF VIRGINIA. HOWEVER, THE FOUNDATION REIMBURSES THE UNIVERSITY OF VIRGINIA FOR THE TIME THE EXECUTIVE DIRECTOR AND SECRETARY/TREASURER SPEND ON FOUNDATION BUSINESS. THESE REIMBURSEMENTS ARE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AS PART OF THE ANNUAL BUDGET PROCESS. X 57 870556 FMV STOCK MARKET QUOTES X OTHER - GIFTS IN KIND 2 6337 COST 0 1 1 PART I, LINE 32B: THE FOUNDATION SOLICITS ITS OWN NON-CASH CONTRIBUTIONS BUT USES UNIVERSITY ADVANCEMENT SERVICES TO RECEIVE AND LIQUIDATE DONATED SECURITIES ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR, TREASURER, AND AUDIT COMMITTEE REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE IS PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY AND IS REQUIRED TO COMPLETE A DISCLOSURE FORM IDENTIFYING ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE FINANCE COMMITTEE ANNUALLY CERTIFIES TO THE BOARD OF TRUSTEES, IN WRITING, THE FOUNDATION'S COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION REIMBURSES THE UNIVERSITY OF VIRGINIA FOR THE TIME THE EXECUTIVE DIRECTOR AND SECRETARY/TREASURER SPEND ON FOUNDATION BUSINESS. THESE REIMBURSEMENTS ARE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GIE EXPENSE FY24 -6,000. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE FROM THE PRIOR YEAR'S AUDITOR SELECTION OR OVERSIGHT PROCESSES. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE SELECTION OF THE AUDITOR AND FOR OVERSIGHT OF THE ANNUAL FINANCIAL STATEMENT AUDIT. CHARITABLE REMAINDER TRUSTS (16) INVESTMENTS VA T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0