2023-11-14T10:13:47-06:00 2022-12-31 FORVIS LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2022-01-01 821504018 UNIVERSITY IMPACT % DANIEL BLAKE UNIV 3852865900 3507 N UNIVERSITY AVE STE 125 PROVO UT 84604 DANIEL BLAKE EXECUTIVE DIRECTOR 3852542944 2023-11-13 true Daniel Blake 999009999 true X Adam R Smith CPA P00958966 7194714290 2023-11-13 3 2022 2023-04-26 12:10:37Z X DANIEL BLAKE 3507 N UNIVERSITY AVE STE 125 PROVO UT 84604 116122230 false X WWW.UNIVERSITYIMPACT.ORG X 2018 UT UNIVERSITY IMPACT (UI) WAS FOUNDED TO BUILD AN ECOSYSTEM THAT CAN ACCELERATE SOLVING THE WORLD'S SOCIAL AND ENVIRONMENTAL PROBLEMS. 9 8 30 70 2548725 2215427 74281647 101870367 0 36783 4042380 -4823999 1285178 0 79609205 97083151 10318095 14405831 0 0 164783 835497 0 0 26529 511877 2845058 10994755 18086386 68614450 78996765 65367631 135449105 47571 904077 65320060 134545028 X UNIVERSITY IMPACT (UI) WAS FOUNDED TO BUILD AN ECOSYSTEM THAT CAN ACCELERATE SOLVING THE WORLD'S SOCIAL AND ENVIRONMENTAL PROBLEMS. THAT ECOSYSTEM CONSISTS OF: 1) UNIVERSITY STUDENTS, 2) IMPACT STARTUPS IN NEED OF CONSULTING SERVICES AND THAT ARE PREPARING TO FUNDRAISE, AND 3) ACADEMIC INSTITUTIONS RESEARCHING SOLUTIONS TO THE WORLD'S SOCIAL AND ENVIRONMENTAL PROBLEMS. false false 97997 97997 4800 UNIVERSITY IMPACT HELD A NUMBER OF ONLINE TRAINING SESSIONS, TRAINING 113 STUDENTS, AND ALSO HELPED PERFORM DUE DILIGENCE BY: I. DEAL SCREENS ON 81 COMPANIES II. 31 DUE DILIGENCE MEMOS 15079368 14307834 22019 UNIVERSITY IMPACT SERVES AS A SPONSORING ORGANIZATION AS DESCRIBED IN CODE SECTION 4966(D)(1) AND MAINTAINS A PORTFOLIO OF DONOR ADVISED FUNDS DAFS. EACH DAF IS AN ACCOUNT: I. SEPARATELY IDENTIFIED BY REFERENCE TO CONTRIBUTIONS OF A DONOR OR DONORS; II. OWNED AND CONTROLLED BY UNIVERSITY IMPACT; III. AND HAS ADVISORY, NON-BINDING PRIVILEGES WITH RESPECT TO THE DISTRIBUTIONS OR INVESTMENTS OF THE DAF FUNDS. 707660 0 0 THE CORPORATION ALSO ACTS AS A FISCAL SPONSOR FOR EMERGING CHARITABLE PROJECTS THAT HAVE NOT YET RECEIVED FEDERAL TAX EXEMPTION. 15885025 true true false false false true false false false false false true false false false true false false false false true true true false false false false true false false false false false true false false false true true false false false false true true false false false 3 0 30 true true true false false false false false false false false true false false false false false X 9 8 true true false false false false false true true false false true true true true false true false false true true UT X DANIEL BLAKE 8019952009 3507 N UNIVERSITY AVE STE 125 PROVO UT 84604 DANIEL BLAKE EXECUTIVE DIRECTOR 50.0 0.0 X X 9616 0 0 KURT BROWN BOARD MEMBER 0.5 0.0 X 0 0 0 TODD MANWARING BOARD MEMBER 2.0 0.0 X 0 0 0 AARON MILLER Board Chair 0.5 0.0 X X 0 0 0 GEOFF WOOLLEY BOARD MEMBER 10.0 0.0 X 0 0 0 KATHERINE RITCHIE BOARD MEMBER 0.5 0.0 X 0 0 0 LINDSEY PADJEN BOARD MEMBER 0.5 0.0 X 0 0 0 MARCIA NELSON BOARD MEMBER 0.5 0.0 X 0 0 0 CHAITALI PATEL BOARD MEMBER 0.5 0.0 X 0 0 0 9616 0 0 0 false false false UI VENTURES 3507 N UNIVERSITY AVE 125 PROVO UT 84604 MANAGEMENT SERVICES 266003 ICE MILLER ONE AMERICAN SQUARE SUITE 2900 INDIANAPOLIS IN 46282 LEGAL SERVICES 112089 2 101870367 68240443 101870367 INVESTMENT MANAGEMENT FEES 523930 36783 36783 36783 1695977 2548521 -852544 0 0 0 0 0 52803 12466300 19039079 52803 -6572779 -6519976 204 -6520180 0 0 0 0 0 0 0 0 0 0 97083151 36783 2548725 -7372724 13936399 13936399 0 469432 469432 0 9616 9616 266003 266003 517209 71197 446012 0 11251 5728 5523 31418 31418 0 117089 5000 112089 51113 51113 0 0 258827 258827 509030 509030 56952 36006 20946 489991 30529 459462 0 0 57088 22541 34547 67993 62925 5068 0 515 515 18768 18768 0 0 36490 36490 PROGRAM SUPPLIES 452551 452551 EVENTS 24860 24860 BAD DEBT EXPENSE 703791 703791 18086386 15885025 2174832 26529 18250930 4352491 0 0 0 0 0 53894 0 0 0 972445 0 0 0 0 0 0 7774 0 23852786 68471035 0 61577241 0 0 0 0 23256141 21999 65367631 135449105 0 71575 0 0 0 151944 0 0 0 0 44751 5251 0 675307 0 0 2820 0 47571 904077 X 65320060 133156863 0 1388165 65320060 134545028 65367631 135449105 78996765 -4455120 -5316677 X true X false false false X 307908 340062 5299363 74281647 101870367 182099347 0 0 307908 340062 5299363 74281647 101870367 182099347 55054507 127044840 1000 57425 162379 220804 1522401 2215427 3737828 0 186057979 39183 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 279 100607811 14405831 134550018 true true Private Businesses Investment 45808858 Alternative Investments 15768383 61577241 0 0 X SCHEDULE D, PART X, LINE 2 THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS, IF ANY, WHEN IT IS MORE LIKELY-THAN-NOT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. AS OF DECEMBER 31, 2022, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. true Sub-Saharan Africa Grantmaking 221948 Europe (Including Iceland and Greenland) Grantmaking 4182 East Asia and the Pacific Grantmaking 114500 Central America and the Caribbean Grantmaking 118802 Russia and the Newly Independent States Grantmaking 10000 Sub-Saharan Africa Program Services Travel 88851 Europe (Including Iceland and Greenland) Program Services Travel 8539 East Asia and the Pacific Program Services Travel 2750 Central America and the Caribbean Investments 164227 733799 733799 Sub-Saharan Africa 50000 Wire East Asia and the Pacific 14500 Wire Central America and the Caribbean 118802 Wire Russia and the Newly Independent States 10000 Wire East Asia and the Pacific 100000 Wire Sub-Saharan Africa 169680 Wire 6 false false false false true false SCHEDULE F, PART I, LINE 2 DESCRIPTION OF MONITORING FOREIGN GRANTS: MONITORING STARTS AT THE REQUEST. DUE DILIGENCE IS PERFORMED TO DETERMINE THE ORGANIZATION'S VIABILITY. AN APPROVED USE OF FUNDS IS THEN DETERMINED. UPDATES ARE THEN REQUIRED FROM THE ORGANIZATION THROUGHOUT THE TERM OF THE AGREEMENT TO REPORT ON THE APPROVED USE OF FUNDS. UPON COMPLETION A REPORT IS OBTAINED VIA EMAIL, PHONE CALL, OR VIDEO CALL REGARDING THE APPROVED USE OF FUNDS. SCHEDULE F, PART I, LINE 2 Detail of Investments: Foreign Investments - $164,227 SCHEDULE F, PART I, LINE 3 FOREIGN EXPENDITURES: FOREIGN EXPENDITURES ARE ACCOUNTED FOR ACCORDING TO THE ACCRUAL BASIS OF ACCOUNTING. true A Breeze of Hope PO BOX 148 Essington PA 19029 271734337 501(c)(3) 10200 To Support Alight PO Box 1002 Minneapolis MN 55480 363241033 501(c)(3) 35000 To Support American Heritage School 736 North 1100 East American Fork UT 84003 866153035 501(c)(3) 75000 To Support American Royal Association 1701 American Royal Court Kansas City MO 64102 440615551 501(c)(3) 115000 To Support Anasazi Foundation 1424 S Stapley Dr Mesa AZ 85204 860673780 501(c)(3) 37305 To Support Arise Project for Humanity 80 Meadow Lakes Rd Lexington GA 30648 823073017 501(c)(3) 10000 To Support Baldwin City Emergency Fund 721 High Street Baldwin City KS 66006 481213843 501(c)(3) 7500 To Support Ball State University Foundation 2800 W Bethel Avenue Muncie IN 47304 356024566 501(c)(3) 50000 T&L ROBERTS Band Together 804 Salem Woods Dr Ste 203 Raleigh NC 27615 562273756 501(c)(3) 25000 To Support Best NC 500 SAS Campus Drive Bldg V Cary NC 27513 462988453 501(c)(3) 25000 To Support Bethel Lutheran Church 4221 Boonville Rd Bryan TX 77802 746059882 501(c)(3) 18000 To Support Black Trans Femmes in the Arts 141 Flushing Avenue Building 77 Brooklyn NY 11205 863019346 501(c)(3) 25000 To Support Brigham Young University 212 Hinckley Center Provo UT 84602 870217280 501(c)(3) 80700 COUGAR CLUB Canines with a Cause 4050 S 2700 E Holladay UT 84124 274402344 501(c)(3) 8000 To Support Charity Anywhere 1381 Woods Drive Bountiful UT 84010 820494672 501(c)(3) 10000 To Support Church of Scientology Flag Service Organization In 500 Cleveland t Clearwater FL 33756 592143308 501(c)(3) 59328 To Support Climate Emergency Fund 8383 Wilshire Blvd 400 Beverly Hills CA 90211 842151545 501(c)(3) 50000 To Support Clooney Foundation for Justice 4768 Broadway New York NY 10034 813006634 501(c)(3) 50000 To Support Creative Visions Foundation 18820 Pacific Coast Highway Malibu CA 90265 391902814 501(c)(3) 40000 BELLINGCAT Douglas County Community Foundation 900 Massachusetts Suite 406 Lawrence KS 66044 481209687 501(c)(3) 10000 To Support Edchoice Inc 111 Monument Circle Suite 2650 Indianapolis IN 46204 351978359 501(c)(3) 10000 To Support Edenton Street United Methodist Church 228 W Edenton St Raleigh NC 27603 561925171 501(c)(3) 10000 To Support Educate Girls Globally 5178 Mowry Avenue Suite 144 Fremont CA 94538 943350821 501(c)(3) 7273 To Support Family Promise of Lawrence KS 905 Tennessee St Lawrence KS 66044 262709610 501(c)(3) 8000 To Support First Presbyterian Church of Atlanta 1328 Peachtree St NE Atlanta GA 30309 820688086 501(c)(3) 47000 To Support Gail S Halvorsen Aviation Education Foundation 2050 N 300 W 23 Spanish Fork UT 84660 812879837 501(c)(3) 50000 To Support Garden Conservancy Inc PO Box 608 Garrison NY 10524 133570145 501(c)(3) 10000 To Support Global Charity Inc PO Box 5026 Hagerstown MD 21741 223936753 501(c)(3) 11000 To Support Globe Aware 6500 East Mockingbird Lane Suite 1 Dallas TX 75214 030507729 501(c)(3) 40041 To Support Hale Centre Theatre 9900 South Monroe Street Sandy UT 84070 870665160 501(c)(3) 19000 To Support Heritage Foundation 214 Massachusetts Avenue NE Washington DC 20002 237327730 501(c)(3) 10000 To Support Inside Out Youth Services 223 N Wahsatch Ave Suite 101 Colorado Springs CO 80903 841407299 501(c)(3) 25000 To Support International Rescue Committee Inc 221 400 W Salt Lake City UT 84110 135660870 501(c)(3) 12500 SUPPORT OF THE SLC, Jenison Christian Schools 7726 Graceland Dr Georgetown Twp MI 49428 381525822 501(c)(3) 10000 To Support Just One Project 1401 N Decatur Blvd Suite 34 Las Vegas NV 89108 472348577 501(c)(3) 6500 To Support Kansas FFA Foundation Inc Umberger Hall STE 110 Manhatten KS 66506 480939673 501(c)(3) 13500 To Support Kenyan Urithi Education Fund PO Box 2182 Ann Arbor MI 48106 263357739 501(c)(3) 9000 To Support La Roca Futbol Club 128 E South Weber Dr South Weber UT 84405 203851074 501(c)(3) 11500 To Support Leadership Institute 1101 North Highland Street Arlington VA 22201 510235174 501(c)(3) 10000 To Support Lmh Health Foundation 316 Maine St Lawrence KS 66044 480771515 501(c)(3) 21200 CANCER CENTER Lumberyard Arts Center 718 High St Baldwin City KS 66006 205647119 501(c)(3) 7500 To Support Matthews United Methodist Church 14900 ANNAPOLIS RD Bowie MD 20715 134148824 501(c)(3) 20000 To Support McCandless Collection Inc 1452 Industry Dr Burlington NC 27215 920525529 501(c)(3) 150000 To Support Media Research Center Inc 1900 Campus Commons Drive Suite 60 Reston VA 20191 541429009 501(c)(3) 10000 To Support Mentors International 65 East Wadsworth Park Dr Suite 20 Draper UT 84020 431536498 501(c)(3) 153558 To Support Miracle League of Las Vegas 101 South Rancho Drive Las Vegas NV 89106 203618077 501(c)(3) 7500 To Support National Film Preserve Ltd 800 Jones St Berkeley CA 94710 237426302 501(c)(3) 9800 To Support On Point for College 488 W Onondaga St Syracuse NY 13202 161569356 501(c)(3) 75000 To Support One Heart Worldwide 8141 El Extenso Ct San Diego CA 92119 301032421 501(c)(3) 25000 To Support Orchard Africa 1176 E Warner Rd 201 Gilbert AZ 85296 161731124 501(c)(3) 83500 To Support Paint the World PO Box 792 300 Queen St Jerome AZ 86331 475432172 501(c)(3) 50000 To Support Parkinson's Foundation 1359 Broadway Suite 1509 New York NY 10018 131866796 501(c)(3) 20000 To Support Pathos Labs 8797 Partridge St Littleton CO 80126 824056008 501(c)(3) 10000 To Support Pretty in Pink Foundation Inc 5171 Glenwood Ave 360 Raleigh NC 27612 201162702 501(c)(3) 185810 To Support Project Hope Foundation Inc 133 Merrywood Dr Greenwood SC 29649 582324540 501(c)(3) 45000 To Support Provo Community Action Services 815 S Freedom Blvd STE 100 Provo UT 84601 870491952 501(c)(3) 19000 To Support Raleigh Charter High School Foundation Inc 1307 Glenwood Avenue Raleigh NC 27605 264266980 501(c)(3) 10000 To Support Raymond James Charitable 880 Carillon Parkway St Petersburg FL 33742 593652538 501(c)(3) 180615 To Support Razom Inc 140 2nd Ave Suite 305 New York NY 10003 464604398 501(c)(3) 33500 To Support Revive Our Hearts PO Box 2000 Niles MI 49120 382157686 501(c)(3) 50000 To Support Roadrunner Food Bank Inc 5840 Office Blvd NE Albuquerque NM 87109 850278525 501(c)(3) 11000 To Support Shepherd Center Foundation Inc 2020 Peachtree Road NW Atlanta GA 30309 201238224 501(c)(3) 10000 To Support Sierra Club Foundation 2101 Webster Street Suite 1250 Oakland CA 94612 946069890 501(c)(3) 10000 To Support SMUs Meadows School of the Arts 6101 Bishop Blvd Dallas TX 75205 750800689 501(c)(3) 20000 To Support Southern Highlands Reserve Inc 558 Summit Ridge Rd Lake Toxaway NC 28747 200212113 501(c)(3) 525000 To Support Special Olympics North Carolina Inc 2200 Gateway Centre Blvd 201 Morrisville NC 27560 561149607 501(c)(3) 50000 To Support Standford University 450 Jane Stanford Way Stanford CA 94305 941156365 501(c)(3) 23000 To Support Step by Step Family Support Center 3303 8th Ave SE A Puyallup WA 98372 911871945 501(c)(3) 45000 To Support Stonewall Broadway Suite 501 New York NY 10001 133550688 501(c)(3) 25000 To Support Storehouse for Teachers 281 Corliss Street Pittsburgh PA 15220 900438744 501(c)(3) 74208 To Support Success in Education Foundation 111 E Broadway STE 900 Salt Lake UT 84111 453567196 501(c)(3) 6000 To Support Tammy Lynn Memorial Foundation Inc 739 Chappell Dr Raleigh NC 27606 560999619 501(c)(3) 10380 To Support Texas A&M Foundation 401 George Bush Dr College Station TX 77840 742245072 501(c)(3) 66000 To Support The Academy for Creating Enterprise PO Box 299 Lehi UT 84043 870641040 501(c)(3) 25000 To Support The Children's Hospital of Philadelphia Foundation 3401 Civic Center Blvd Philadelphia PA 19104 232237932 501(c)(3) 10000 To Support The Church of Jesus Christ of Latter Day Saints 50 East North Temple St Salt Lake UT 84150 870234341 501(c)(3) 8295196 TITHING, FAST OFFERINGS The Mountain Goat Foundation 6116 TIMBERCOVE DR Billings MT 59106 920603316 501(c)(3) 15000 To Support The Oswego College Foundation 219 Sheldon Ave Oswego NY 13126 150543477 501(c)(3) 1000000 To Support The Other Side Academy 667 E 100 S Salt Lake UT 84102 474495796 501(c)(3) 24000 To Support The University of Texas at San Antonio 1 UTSA Circle San Antonio TX 78249 741717115 501(c)(3) 25000 LT. RAUL F ESCANDON SCHOLARSHIPS The University of Texas Rio Grande Valley Foundati 1201 W Univeristy DR EITTB 1210 Edinburg TX 78539 742246970 501(c)(3) 40000 DIVISION OF INSTITUTIONAL ADVANCEMENT The Young Mens Christian Association of the Triang 801 Corporate Center Dr 200 Raleigh NC 27607 560591307 501(c)(3) 35000 To Support Trans Lifeline 548 Market St PMB 15337 San Francisco CA 94104 472097494 501(c)(3) 50000 To Support Transgender Law Center PO Box 70976 Oakland CA 94612 050544006 501(c)(3) 25000 BLACK LGBTQIA MIGRANT PROJECT True Colors United 1460 Broadway New York NY 10036 452489069 501(c)(3) 25000 To Support United States Fund for Unicef 125 Maiden Lane New York NY 10038 203287404 501(c)(3) 15000 To Support United Way of Salt Lake 257 E 200 S 300 Salt Lake City UT 84111 870227091 501(c)(3) 40000 To Support University of Texas at Austin 1616 Guadalupe St UTA Bldg Suite Austin TX 78701 746000203 501(c)(3) 100000 To Support University of Texas School of Law 727 E Dean Keeton St Austin TX 78705 746056794 501(c)(3) 18000 To Support Upwardly Global 505 8th Avnue Suite 1704 New York NY 10018 943346127 501(c)(3) 18182 To Support Utah Film Center 122 S MAIN ST Salt Lake City UT 84101 753077559 501(c)(3) 7500 To Support Utah Food Bank 3150 South 900 West Salt Lake City UT 84119 870212453 501(c)(3) 17200 To Support Utah Valley University Foundation Inc 800 University Parkway MS 111 Orem UT 84058 870036944 501(c)(3) 125000 To Support Victory Recovery Foundation 1122 Kenilworth Drive 201 Towson MD 21204 276601178 501(c)(3) 10000 To Support Walindwa Charitable Corporation 12666 Epica Ct San Diego CA 82301 455470036 501(c)(3) 6000 To Support Warrior Rising 11614 S Anna Emily Drive South Jordan UT 84095 472534246 501(c)(3) 20000 To Support Washington & Lee University 204 West Washington Street Lexington VA 24450 540505977 501(c)(3) 325112 To Support Weber State University 1265 Village Dr Department 4018 Ogden UT 84408 876000535 501(c)(3) 60000 To Support White Memorial Presbyterian Foundation Inc 1704 Oberlin Road Raleigh NC 27608 510153363 501(c)(3) 12000 To Support Navajo Power Home 2225 N Gemini Road 18 Flagstaff AZ 86001 873750354 501(c)(3) 50000 To Support Church On Morgan United Methodist Church 136 E Morgan St Raleigh NC 27601 843945245 501(c)(3) 45895 To Support River City Church 3001 Lawrence Ave Lawrence KS 66047 351275741 501(c)(3) 35000 To Support Grace Community Church 1500 SE King Drive Bartlesville OK 74006 731460513 501(c)(3) 11000 To Support 103 SCHEDULE I, PART I, LINE 2 DESCRIPTION OF MONITORING OF GRANTS: A GRANT RECIPENT IS FIRST CHECKED TO SEE IF THEY ARE IN THE IRS TAX-EXEMPT ORGANIZATION DATABASE. IF THE ORGANIZATION IS IN THE DATABASE, THEN UI WILL PROVIDE A GRANT TO THE ORGANZIATION. MOST GRANTS ARE PROVIDED TO THE ORGANZATION TO SUPPORT THE NEEDS OF ORGANIZATION. WHEN AN ORGANIZATION IS NOT A PUBLIC CHARITY, UI REVIEWS THE ORGANIZATION TO EVALUATE THE ORGANIZATION'S MISSION AND OPERATIONS IN RELATION TO UI'S TAX-EXEMPT PURPOSE. IF APROVED, FUNDING IS SENT TO THE ORGANIZATION AND UI WORKS WITH THE RECIPIENT TO REACH PROJECT-BASED MILESTONES. THE MILESTONES ARE USED TO INFORM UI AND THE DONORS OF THE PROJECT'S PROGRESS TOWARDS PROJECTED SOCIAL IMPACT. THROUGH THESE PLANS AND FUTURE ANALYSES, UI WORKS WITH THE ORGANIZATION TO MONITOR GRANTS, TRACK IMPACT, AND REPORT BACK TO DONORS REGULARLY. DANIEL BLAKE EXECUTIVE DIRECTOR FUND AND REIM. EXPEN X 44751 5251 false true false UI VENTURES SEE PART V SEE PART V X 638260 778756 false true false UI VENTURES SEE PART V SEE PART V X 86011 193689 false true false 977696 DANIEL BLAKE SEE PART V 266003 Management Services false SCHEDULE L, PART II RELATIONSHIP BETWEEN INTERESTED PERSON & THE ORGANIZATION: LINE 1, COLUMN B & C - DANIEL BLAKE, IS THE EXECUTIVE DIRECTOR OF UNIVERSITY IMPACT AND OWNS MORE THAN 35% OF UNIVERSITY IMPACT VENTURES. UNIVERSITY IMPACT HAS LOANS WITH UNIVERSITY IMPACT VENTURES FOR THE PURPOSE OF LOANING TO OTHER ORGANIZATIONS LOW INTERSEST LOANS TO FURTHER THE PURPOSE OF THOSE ORGANIZATIONS. UNIVERSITY IMPACT ALSO HAS A LOAN TO UNIVERSITY IMPACT VENTURES IN THE REGULAR COURSE OF BUSINESS. SCHEUDLE L, PART IV, COLUMN B DESCRIPTION OF RELATIONSHIP: DANIEL BLAKE HAS A GREATER THAN 35% INTEREST IN UNIVERSITY IMPACT VENTURES (UIV). UNIVERSITY IMPACT (UI) PAYS UNIVERSITY IMPACT VENTURES TO PERFORM MANAGEMENT SERVICES FOR UI. X 43 4508702 FAIR MARKET VALUE X 51 63017432 3RD PARTY APPRAISAL X 5 714309 FAIR MARKET VALUE 20 false true true SCHEDULE M, COLUMN B NUMBER OF NONCASH CONTRIBUTIONS: NUMBER DISCLOSED RELATES TO THE NUMBER OF NON-CASH CONTRIBUTIONS RECEIVED. SCHEDULE M, PART I, LINE 32B UI VENTURES HAS BEEN EMPLOYED TO MANAGE THESE TRANSACTIONS. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS OR FAMILY RELATIONSHIP: GEOFF WOOLLEY, BOARD MEMBER, HAS A BUSINESS RELATIONSHIP WITH DANIEL BLAKE, EXECUTIVE DIRECTOR AND BOARD MEMBER. GEOFF WOOLLEY, BOARD MEMBER ALSO HAS A BUSINESS RELATIONSHIP WITH KURT BROWN, BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 3 UNIVERSITY IMPACT'S MANAGEMENT IS OUTSOURCED TO UI VENTURES, LLC. DANIEL BLAKE, UNIVERSITY IMPACT EXECUTIVE DIRECTOR AND BOARD MEMBER SERVES AS CEO OF UI VENTURES, WHERE HE IS ALSO A PARTIAL OWNER. UNIVERSITY IMPACT PAID UI VENTURES $266,003 FOR MANAGEMENT SERVICES DURING THE TAX YEAR. UI VENTURES COMPENSATED DANIEL BLAKE $112,969 FOR HIS SERVICES PROVIDED TO UNIVERSITY IMPACT AS EXECUTIVE DIRECTOR AND UI VENTURES AS CEO. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990: THE BOARD WILL REVIEW THE FORM 990 AND MAKE ANY COMMENTS OR SUGGESTED CHANGES VIA EMAIL. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING CONFLICT OF INTEREST POLICY: EACH KEY MEMBER, INCLUDING THE BOARD OF DIRECORS, OFFICERS AND ANY INDIVIDUALS PARTICIPATING IN DECISIONS RELATED TO FUND ALLOCATION, STUDENT TRAINING, GRANT SELECTIONS AND INVESTMENT DECISIONS ARE ASKED ON AN ANNUAL BASIS TO DISCLOSE ANY CONFLICTS OF INTEREST. THE BOARD OF DIRECTORS OR THE EXECUTIVE COMMITTEE EVALUATES WHETHER A CONFLICT EXISTS. IF A POTENTIAL CONFLICT IS IDENTIFIED, THE BOARD OR THE EXECUTIVE COMMITTEE CONDUCTS A REVIEW TO DETERMINE THE SIGNIFICANCE OF THE CONFLICT. IF A CONFLICT DOES EXIST, THE PERSON WITH THE CONFLICT WILL ABSTAIN FROM VOTING, BE RECUSED FROM DISCUSSIONS, MODIFY PARTICIPATION IN SPECIFIC MATTERS, OR ANY NECESSARY ACTION TO ENSURE THE INTEGRITY OF THE DECISION-MAKING PROCESS AND PROTECT THE ORGANZATION'S INTEREST. TO PREVENT TRANSACTIONS ABOVE FAIR MARKET VALUE (FMV), TRANSACTIONS INVOLVING DISQUALIFIED INDIVIDUALS OR THOSE WITH A CONFLICT OF INTEREST ARE ASSESSED THROUGH THIRD-PARTY VALUATIONS CONDUCTED BY QUALIFIED APPRAISERS TO DETERMINE FMV ACCURATELY OR IN CERTAIN CASES, MULTIPLE MARKET AND INDUSTRY EXAMPLES ARE REQUIRED TO DEMONSTRATE THAT THE TRANSACTION AND OTHER TERMS ARE FAIR AND STANDARD WITHIN THE RELEVANT MARKET AND INDUSTRY. FORM 990, PART VI, SECTION B, LINE 15A & 15B COMPENSATION PROCESS FOR OFFICERS: IN 2022 DANIEL BLAKE, EXECUTIVE DIRECTOR, RECEIVED COMPENSATION FOR HIS SERVICES AS AN INSTRUCTOR SERVING IN ONE OF UNIVERSITY IMPACT'S FISCALLY SPONSORED PROGRAMS. FOR HIS SERVICES AS EXECUTIVE DIRECTOR, DANIEL BLAKE IS COMPENSATED BY UI VENTURES AS PART OF THE MANAGEMENT SERVICES PROVIDED BY UI VENTURES. A SURVEY OF SIMILAR POSITIONS' COMPENSATION WAS REPORTED TO THE BOARD WHO THEN APPROVED COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE: THE TAX RETURNS, FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. UI CHARITABLE TRUST 3305 N UNIVERSITY AVE SUITE 275 PROVO UT 94604 926155360 FUNDRAISING UT 501(c)(3) LN 12 TYPE1 UI true false false false false false false false false false false false false false false false false false false false