2024-05-13T16:03:51-05:00 2023-06-30 420714325 RSM US LLP 30 SOUTH WACKER DR SUITE 3300 CHICAGO IL 606063392 990 2022-07-01 390743975 UNIVERSITY OF WISCONSIN FOUNDATION UNIV 6082634545 1848 UNIVERSITY AVENUE MADISON WI 537264090 CARL J LAURINO INTERIM CFOO 6082634545 2024-05-08 1 CARL LAURINO XXX-XX-XXXX 1 REBEKUH ELEY P01247672 3126343400 2024-05-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WISCONSIN FOUNDATION AND ALUMNI ASSOCIATION MICHAEL M KNETTER 1848 UNIVERSITY AVENUE MADISON WI 537264090 6372927089 0 X WWW.SUPPORTUW.ORG X 1945 WI UNIVERSITY OF WISCONSIN FOUNDATION AIDS UNIVERSITY OF WISCONSIN-MADISON BY SOLICITING GIFTS & BEQUESTS, ADMINISTERS & INVESTS SECURITIES & PROPERTIES, & DISTRIBUTES PAYMENTS FOR THE BENEFIT OF UNIVERSITY OF WISCONSIN - MADISON. 43 42 452 250 10504346 804593 378419715 351294100 647767 1196628 926194952 137020737 840137 946992 1306102571 490458457 272179110 339979657 0 0 34766321 35845911 54680 30000 36668154 72636621 59708357 379636732 435563925 926465839 54894532 4965210272 5258973342 415236023 375213833 4549974249 4883759509 X TO PROMOTE THE WELFARE OF AND ADVANCE THE OBJECTIVES OF THE UNIVERSITY OF WISCONSIN-MADISON BY ENCOURAGING THE INTEREST, ENGAGEMENT, AND FINANCIAL SUPPORT OF ALUMNI, DONORS, AND FRIENDS IN THE LIFE OF THE UNIVERSITY AND WITH EACH OTHER. 0 0 62240588 62240588 FACULTY SUPPORT AND RESEARCH - WITH OVER $62 MILLION FROM THE UW FOUNDATION, UNIVERSITY OF WISCONSIN FACULTY AND STAFF RECEIVED CRITICAL FINANCIAL SUPPORT ALLOWING FOR INCREASED RESEARCH OPPORTUNITIES AND IMPROVED CLASSROOM EXPERIENCES FOR STUDENTS. PRIVATE GIFT SUPPORT HELPS THE UNIVERSITY ATTRACT AND RETAIN WORLD-CLASS FACULTY, WHICH ULTIMATELY ATTRACTS THE BEST AND BRIGHTEST STUDENTS, AND IMPROVES THE UNIVERSITY'S REPUTATION AS A LEADING UNIVERSITY. AT THE END OF FISCAL YEAR 2023, THE NUMBER OF ENDOWED FUNDS SUPPORTING FACULTY TOTALED 725 WITH AN ADDITIONAL 337 FUNDS SPECIFICALLY DESIGNATED FOR RESEARCH AND RESEARCH EQUIPMENT. 59565808 59565808 ACADEMIC, PATIENT, AND STUDENT PROGRAM SUPPORT - THE UW FOUNDATION PROVIDED OVER $59 MILLION TO THE UNIVERSITY OF WISCONSIN TO SUPPORT ITS ACADEMIC, PATIENT, AND STUDENT SUPPORT PROGRAMS. THESE FUNDS ENABLE STUDENTS TO DEVELOP SKILLS AND KNOWLEDGE FOR GROWTH AND SUCCESS BY OFFERING HIGH-QUALITY AND RESPONSIVE PROGRAMS BY EMPLOYING BEST PRACTICES IN TEACHING, LEARNING, AND PATIENT CARE; INFLUENCING PEOPLE'S LIVES BEYOND THE BOUNDARIES OF THE CLASSROOM. 49113186 49113186 STUDENT SCHOLARSHIP AND FINANCIAL AID SUPPORT - UNIVERSITY OF WISCONSIN UNDERGRADUATE, GRADUATE, AND PROFESSIONAL STUDENTS RECEIVED MORE THAN $49 MILLION IN SCHOLARSHIPS, FELLOWSHIPS AND AWARDS FROM PRIVATE GIFT SUPPORT. STUDENTS ACROSS ALL SCHOOLS AND COLLEGES, CENTERS, AND PROGRAMS OF THE UNIVERSITY HAVE THE OPPORTUNITY TO RECEIVE SUPPORT. PRIVATE GIFT SUPPORT IS CRITICAL TO ENSURING ALL STUDENTS ARE ABLE TO EXPLORE THEIR EDUCATIONAL OPPORTUNITIES, EXPERIENCE COLLEGE LIFE, AND MANAGE TUITION COSTS. IN FISCAL YEAR 2023, UW FOUNDATION MANAGED OVER 4,500 GIFT FUNDS THAT PROVIDE SUPPORT TO UNIVERSITY OF WISCONSIN STUDENTS. 25900295 25900295 OTHER PROGRAM SERVICES:CAPITAL ADDITIONS AND FACILITIES: THE UW FOUNDATION PROVIDED OVER $25 MILLION TO THE UNIVERSITY OF WISCONSIN IN SUPPORT OF NEW BUILDING CONSTRUCTION, RENOVATION, MAINTENANCE, AND EQUIPMENT NEEDS. STATE-OF-THE-ART FACILITIES HELP THE UNIVERSITY ATTRACT HIGH-CALIBER FACULTY AND STUDENTS. THESE FACILITIES AND GROUNDS PROVIDE SPACE, ENVIRONMENTS, AND TECHNOLOGIES THAT PROMOTE THE HIGHEST LEVELS OF TEACHING, LEARNING, AND RESEARCH. 39594601 INVESTMENT MANAGEMENT: THE UW FOUNDATION INVESTMENTS TEAM WORKS VERY CLOSELY WITH AN APPOINTED INVESTMENT COMMITTEE OF THE BOARD OF DIRECTORS WHILE HELPING TO BOTH CREATE AND MANAGE TO A COMPREHENSIVE INVESTMENT POLICY STATEMENT, TO BUILD POOLED PORTFOLIOS DESIGNED TO ACHIEVE STATED OBJECTIVES, AND TO HELP POSITION BOARD-DRIVEN POLICIES THAT ARE FUNDAMENTAL TO THE FOUNDATION'S OPERATIONAL BUSINESS MODEL. PUBLICATIONS: "ON WISCONSIN" IS A QUARTERLY PUBLICATION, MAILED TO APPROXIMATELY 360,000 ALUMNI, FACULTY, DONORS, WAA MEMBERS, AND OTHER STAKEHOLDERS, SERVING AS THE OFFICIAL UNIVERSITY OF WISCONSIN ALUMNI MAGAZINE. "AWARDS" IS AN ANNUAL PUBLICATION, MAILED TO APPROXIMATELY 75,000 ALUMNI, WAA MEMBERS, AND OTHER STAKEHOLDERS. "BADGER INSIDER" IS SENT TO WAA MEMBERS ONLY (APPROXIMATELY 25,000 HOUSEHOLDS) SEMIANNUALLY, SERVING AS THE MEMBER FORUM. "DIGITAL BADGER INSIDER", AN EMAIL COMPANION TO THE BADGER INSIDER MAGAZINE IS SENT MONTHLY TO APPROXIMATELY 18,000 WAA MEMBERS VIA EMAIL. "FLAMINGLE" IS A WEEKLY EMAIL, SENT TO APPROXIMATELY 185,000 ALUMNI, CONTAINING VARIOUS ARTICLES OF INTEREST. "BADGER VIBES" IS A MONTHLY EMAIL SENT TO APPROXIMATELY 60,000 WAA MEMBERS AND ALUMNI OF COLOR. "THE UW NOW WEEKLY" IS A WEEKLY EMAIL, SENT TO APPROXIMATELY 220,000 ALUMNI AND DONORS. 143159780 143159780 1274620 THE UW FOUNDATION PROVIDES CRITICAL FUNDING TO SENIOR UNIVERSITY OFFICIALS GRANTING THEM THE NEEDED FLEXIBILITY TO RESPOND TO BOTH EXISTING AND UNFORESEEN OPPORTUNITIES. THIS DISCRETIONARY SUPPORT HELPS FURTHER THE MISSION OF THE UNIVERSITY BY FULFILLING THE GREATEST NEEDS AND TOP PRIORITIES OF THE UNIVERSITY. 208654676 169060075 1274620 379574258 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 303 1 1 452 1 1 1 0 0 0 0 1 1 1 1 0 0 0 1 0 X 43 42 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DC FL GA HI ID IL IN IA KS LA ME MD MA MN MS MO MT NE NM NY NC ND OK OR RI SC TN UT VT VA WV WI X X CASEY L ZWETTLER 6082634545 1848 UNIVERSITY AVENUE MADISON WI 537264090 MICHAEL M KNETTER CHIEF EXECUTIVE OFFICER/EX OFFICIO 60.00 X X 847297 0 136831 ALICE MORTENSON DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 COLLEEN A GOGGINS DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 CURTIS J FUSZARD DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 CYNTHIA A IHLENFELD DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 DR FREDERICK A ROBERTSON DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 ELIZABETH M QUADRACCI HARNED DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 ELZIE L HIGGINBOTTOM DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 FRANCES S TAYLOR EX OFFICIO - TERM IS CONTINUOUS 2.00 X 0 0 0 JAMES T THOMPSON DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 JANE R MANDULA DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 JEFFREY D WIESNER DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 JEFFREY J DIERMEIER DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 JERE D FLUNO EX OFFICIO - TERM IS CONTINUOUS 2.00 X 0 0 0 JOHN J OROS EX OFFICIO - TERM IS CONTINUOUS 2.00 X 0 0 0 JOHN P HOLTON DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 JOHN S NELSON DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 JON D HAMMES DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 KAREN A MONFRE DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 LAUREEN E SEEGER DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 LINDA L AHLERS DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 LINDA L PROCCI DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 LORNA E NAGLER DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 LOUIS A HOLLAND DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 MICHAEL S SHANNON CHAIR - TERM EXP 6/2023 2.00 X X 0 0 0 MICHELLE A BEHNKE DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 PATRICK A THIELE DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 PAUL J COLLINS EX OFFICIO - TERM IS CONTINUOUS 2.00 X 0 0 0 PAUL S SHAIN VICE CHAIR - TERM EXP 6/2023 2.00 X X 0 0 0 PETER A LEIDEL DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 PETER S KIES DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 RAJIV BATRA DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 SONNET C EDMONDS DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 STEPHEN R PETERSEN DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 SUSAN J CELLMER DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 SUSAN S ENGELEITER DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 SUSAN S PATTERSON DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 SUZANNE N DEWOLF DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 TED D KELLNER EX OFFICIO - TERM IS CONTINUOUS 2.00 X 0 0 0 THOMAS D STEVENS DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 THOMAS P MADSEN DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 TODD C PULVINO DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 WILLIAM P HSU DIRECTOR - TERM EXP 6/2023 2.00 X 0 0 0 MICHAEL L STOHLER CIO 55.00 X 1174624 0 37637 ALISA A ROBERTSON PRESIDENT/CHIEF ADVANCEMENT OFFICER 55.00 X 530316 0 57439 CARL J LAURINO INTERIM CFO 50.00 X 267172 0 16853 BRENDA J PHEBUS CHIEF HUMAN RESOURCES OFFICER 55.00 X 185245 0 37506 ABIGAIL A CAHAK CHIEF LEGAL OFFICER 50.00 X 170457 0 20206 FALICIA N HINES SECRETARY 50.00 X 142842 0 32702 NICOLE R MCDONALD CONTROLLER/TREASURER 50.00 X 110910 0 800 RICHARD J SHEPLEY SR. MANAGING DIRECTOR OF INVESTMENTS - PUB MRKTS 50.00 X 870041 0 48799 CHRISTOPHER A MOORE DEPUTY CHIEF INVESTMENT OFFICER 50.00 X 609081 0 20249 KATHERINE L WYBLE MANAGING DIRECTOR OF INVESTMENTS 50.00 X 466865 0 1405 JAMES G ELKINS DIRECTOR OF INVESTMENTS 50.00 X 338863 0 22783 ANNE M LUCKE CHIEF DEVELOPMENT OFFICER 50.00 X 256692 0 29088 THOMAS P OLSON FORMER CIO - PRIVATE MARKETS 0.00 X 211739 0 7069 SCOTT T MCKINNEY FORMER CHIEF LEGAL OFFICER 0.00 X 200522 0 27407 SARAH L SCHUTT CHIEF ALUMNI OFFICER & EXEC. 50.00 X 174302 0 36332 JOHN C NORTON FORMER ASSISTANT TREASURER 0.00 X 202846 0 27268 GEOFFREY M MCCLOSKEY FORMER CFO 0.00 X 133274 0 13923 CARRIE B PARK FORMER TREASURER 0.00 X 178469 0 27286 7071557 0 601583 90 1 1 0 MFS INSTITUTIONAL ADVISORS INC 111 HUNTINGTON AVENUE BOSTON MA 021997618 INVESTMENT MANAGER 2763886 CANTILLON CAPITAL MANAGEMENT LLP 499 PARK AVENUE NEW YORK NY 10022 INVESTMENT MANAGER 1972252 LEGENDS SALES & MARKETING LLC 61 BROADWAY 2400 NEW YORK NY 10006 FUNDRAISING SERVICES 1788897 GOLDMAN SACHS 200 WEST STREET NEW YORK NY 10282 INVESTMENT MANAGER 1673000 LONGVIEW PARTNERS INVESTMENTS 105 STRAND LONDON UK WC2R 0AA INVESTMENT MANAGER 1605943 89 636293 48270346 302387461 42421694 351294100 REGISTRATION 900099 734289 734289 TRAVEL/TOUR COMMISSIONS 900099 367471 279113 88358 PUBLICATIONS 541800 94868 94868 1196628 79666122 8803727 70862395 671567 671567 132500 0 132500 132500 132500 5937215329 2607877 5880160738 2307853 57054591 300024 57354615 1517393 55837222 78033 41 77992 77992 64933 64933 64933 490458457 1091394 10504346 127568617 339979657 339979657 3698519 2929467 769052 24000235 6436758 17563477 2363319 799147 1564172 3643226 1481654 2161572 2140612 728276 1412336 259507 87751 171756 248325 248325 30000 30000 39594601 39594601 2455119 862793 1592326 1553510 1064 1552446 2526065 656244 1869821 3739306 1264354 2474952 1000671 337575 663096 711308 149468 561840 2295652 41399 2254253 2332181 788618 1543563 724891 245119 479772 BAD DEBT EXPENSE 1482368 1482368 INCOME TAX LIABILITY 780442 780442 4411 691 3720 435563925 379574258 19321513 36668154 400 400 137512296 20376983 100769223 72167885 192145519 70481721 194147 184147 2574280 2164092 44365889 23281600 14098127 21084289 3481233256 3936292034 1032075094 1130410790 4607930 5811001 4965210272 5258973342 133987145 67257049 49913 0 281198965 307956784 415236023 375213833 X 123117790 155178205 4426856459 4728581304 4549974249 4883759509 4965210272 5258973342 X 54894532 282734291 -3843563 X X 0 1 X 1 0 X 341625459 304160374 383703657 378419715 351294100 1759203305 341625459 304160374 383703657 378419715 351294100 1759203305 103374137 1655829168 70022750 53324645 62541912 62884151 72166462 320939920 0 0 0 0 804593 804593 163877 127295 53336 118191 64933 527632 2081475450 6041727 0.79550 0.73000 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 88,860. 2019 AMOUNT: $ 61,828. 2020 AMOUNT: $ 53,336. 2021 AMOUNT: $ 118,191. 2022 AMOUNT: $ 64,933. INVENTORY SALES - 2018 AMOUNT: $ 75,017. 2019 AMOUNT: $ 65,467. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 1 10139 1 1344 0 0 1 0 1 80239 1 21690 113412 0 PART II-B, LINE 1: DETAILED DESCRIPTION OF LOBBYING ACTIVITIES: DURING THE FISCAL YEAR, TWO EMPLOYEES SPENT PART OF THEIR TIME LOBBYING EFFORTS IN MADISON AND WASHINGTON, D.C. OTHER COSTS INCLUDED PRINT, MAILING, AND SOFTWARE TO COMMUNICATE WITH ALUMNI AND ELECTED OFFICIALS, AS WELL AS EVENT AND TRAVEL COSTS. SCHEDULE C, PART II-B, LINE 1A USE OF VOLUNTEERS FOR LOBBYING ACTIVITIES: VOLUNTEERS WERE UTILIZED FOR UW DAY EVENTS IN MADISON AND WASHINGTON DC, WHEREBY THEY MET WITH ELECTED OFFICIALS AND LOBBIED THEM ON GENERAL SUPPORT FOR UW-MADISON AND HIGHER EDUCATION. 2403538719 84837902 253654500 104769542 24429144 2612832435 2732305641 99346223 -301505701 98865245 27742199 2403538719 2113109833 118278940 604642464 80190112 23535484 2732305641 2104669525 97602041 21319849 89720190 20761392 2113109833 2021455666 99254236 93457376 89343254 20154499 2104669525 0.00250 0.85950 0.13800 0 0 502530 502530 16334188 8799219 7534969 986152 494505 491647 17722064 13987876 3734188 8820955 8820955 21084289 LIMITED PARTNERSHIPS 764215457 F REAL ASSET FUNDS 344306226 F OTHER FUNDS 21889107 F 1130410790 DEFERRED COMPENSATION 7715523 LIABILITY UNDER SPLIT INTEREST 39687483 FUNDS DUE TO OTHER ORGANIZATIONS 4467330 BENEFIT OF U.W. - HOSPITAL & CLINIC 178415873 BENEFIT OF U.W. - STEVENS POINT 64761635 BENEFIT OF WI 4-H FDN 4508915 BENEFIT OF CASB 976635 BENEFIT OF NE OHIO CHAPTER 7672 BENEFIT OF UW - RICHLAND COUNTY 4241786 BENEFIT OF LEADERSHIP WI 116624 OPERATING LEASE LIABILITY 3006527 FINANCE LEASE LIABILITY 50781 307956784 X 729783518 282734291 -3843522 278890769 450892749 39594601 -28893 39565708 490458457 395998258 41 41 395998217 39594601 -28893 39565708 435563925 PART V, LINE 4: INTENDED USE OF ORGANIZATION'S ENDOWMENT FUNDS: THE FOUNDATION'S ENDOWMENT CONSISTED OF 4,836 AND 4,661 INDIVIDUAL PERMANENTLY RESTRICTED FUNDS AS OF JUNE 30, 2023 AND JUNE 30, 2022, RESPECTIVELY. THESE FUNDS WERE ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY U.S. GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS AND ON STATE LAW. PART X, LINE 2: ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740: 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. THE FOUNDATION FOLLOWS THE GUIDANCE RELATIVE TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). ANY TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION FILES FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF WISCONSIN AND ALSO FILES RETURNS IN SEVERAL OTHER STATES DUE TO UNRELATED BUSINESS INCOME TAX FILING REQUIREMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -3,843,563. COGS 41. PART XI, LINE 4B - OTHER ADJUSTMENTS: IN KIND CONTRIBUTION -28,893. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS 41. PART XII, LINE 4B - OTHER ADJUSTMENTS: IN KIND CONTRIBUTION -28,893. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 551650881 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 69367376 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 91162374 NORTH AMERICA 0 0 INVESTMENTS 32436353 SOUTH AMERICA 0 0 INVESTMENTS 274574 SOUTH ASIA 0 0 INVESTMENTS 447087 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 1673186 0 0 0 0 0 0 747011831 0 747011831 1 0 1 1 1 0 PART III ACCOUNTING METHOD: X X X X 1 MARY STITT INC 1478 NORIDGE TRL PORT WASHINGTON WI 53074 FUNDRAISING CONSULTANT 0 0 30000 0 30000 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC SCHEDULE G, PART I, LINE 2B, COLUMN (V) SCHEDULE G, PART I, LINE 2B, COLUMN (IV) THE GROSS RECEIPTS FROM THE ACTIVITIES THAT MARY STITT INC. ASSISTS OUR ORGANIZATION ON ARE NOT ABLE TO BE SEPARATELY REPORTED. MARY STITT INC. ASSISTS WITH CAMPAIGN EFFORTS AND STRATEGIC DIRECTION. THE WORK OF THIS ORGANIZATION AIDS IN MANY OF OUR FUNDRAISING INITIATIVES THROUGHOUT OUR FISCAL YEAR AND THUS CANNOT BE SEPARATELY REPORTED. 1 UNIVERSITY OF WISCONSIN MADISON 21 N PARK ST MADISON WI 537151218 396006492 STATE OF WISCONSIN 62240588 0 FACULTY SUPPORT AND RESEARCH SEE SCH I, PART IV UNIVERSITY OF WISCONSIN MADISON 21 N PARK ST MADISON WI 537151218 396006492 STATE OF WISCONSIN 59565808 0 ACADEMIC AND STUDENT PROGRAM SUPPORT SEE SCH I, PART IV UNIVERSITY OF WISCONSIN MADISON 21 N PARK ST MADISON WI 537151218 396006492 STATE OF WISCONSIN 49113186 0 STUDENT SCHOLARSHIP AND FINANCIAL AID SEE SCH I, PART IV UNIVERSITY OF WISCONSIN MADISON 21 N PARK ST MADISON WI 537151218 396006492 STATE OF WISCONSIN 25900295 0 CAPITAL ADDITIONS AND FACILITIES SEE SCH I, PART IV UNIVERSITY OF WISCONSIN MADISON 21 N PARK ST MADISON WI 537151218 396006492 STATE OF WISCONSIN 143159780 0 OTHER GRANTS SEE SCH I, PART IV 1 0 PART I, LINE 2: PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN THE U.S.: 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. PART I, LINE 2 THE GRANT AND ASSISTANCE PAYMENTS ARE VERIFIED WITH INTERNAL DOCUMENTS TO ENSURE DONOR INTENT AND CRITERIA HAVE BEEN MET BEFORE THE PAYMENTS ARE MADE. X 1 1 X X X 0 1 0 1 0 0 0 1 0 MICHAEL L STOHLER CIO 645049 0 529125 0 450 0 19338 0 18299 0 1212261 0 0 0 MICHAEL M KNETTER CHIEF EXECUTIVE OFFICER/EX OFFICIO 604895 0 230949 0 11453 0 119138 0 17693 0 984128 0 0 0 RICHARD J SHEPLEY SR. MANAGING DIRECTOR OF INVESTMENTS 453844 0 415507 0 690 0 30500 0 18299 0 918840 0 0 0 CHRISTOPHER A MOORE DEPUTY CHIEF INVESTMENT OFFICER 451131 0 157500 0 450 0 1950 0 18299 0 629330 0 0 0 ALISA A ROBERTSON PRESIDENT/CHIEF ADVANCEMENT OFFICER 386369 0 130048 0 13899 0 39140 0 18299 0 587755 0 0 0 KATHERINE L WYBLE MANAGING DIRECTOR OF INVESTMENTS 394736 0 71904 0 225 0 0 0 1405 0 468270 0 0 0 JAMES G ELKINS DIRECTOR OF INVESTMENTS 207785 0 130808 0 270 0 21285 0 1498 0 361646 0 0 0 ANNE M LUCKE CHIEF DEVELOPMENT OFFICER 219684 0 35718 0 1290 0 22220 0 6868 0 285780 0 0 0 CARL J LAURINO INTERIM CFO 265357 0 0 0 1815 0 0 0 16853 0 284025 0 0 0 JOHN C NORTON FORMER ASSISTANT TREASURER 202396 0 0 0 450 0 20400 0 6868 0 230114 0 0 0 SCOTT T MCKINNEY FORMER CHIEF LEGAL OFFICER 199832 0 0 0 690 0 20155 0 7252 0 227929 0 0 0 BRENDA J PHEBUS CHIEF HUMAN RESOURCES OFFICER 184555 0 0 0 690 0 19242 0 18264 0 222751 0 0 0 THOMAS P OLSON FORMER CIO - PRIVATE MARKETS 60701 0 150984 0 54 0 6082 0 987 0 218808 0 0 0 SARAH L SCHUTT CHIEF ALUMNI OFFICER & EXEC. 173612 0 0 0 690 0 18121 0 18211 0 210634 0 0 0 CARRIE B PARK FORMER TREASURER 178019 0 0 0 450 0 18462 0 8824 0 205755 0 0 0 ABIGAIL A CAHAK CHIEF LEGAL OFFICER 170187 0 0 0 270 0 17234 0 2972 0 190663 0 0 0 FALICIA N HINES SECRETARY 142483 0 100 0 259 0 14689 0 18013 0 175544 0 0 0 GEOFFREY M MCCLOSKEY FORMER CFO 103059 0 30000 0 215 0 10400 0 3523 0 147197 0 0 0 PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE PERSONAL USE PORTION OF MICHAEL M. KNETTER'S AND ALISA ROBERTSON'S COUNTRY CLUB MEMBERSHIP IN THE AMOUNT OF $11,453 AND $13,899 WERE TREATED AS TAXABLE COMPENSATION. PART I, LINE 4B MICHAEL M. KNETTER PARTICIPATES IN A 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN OF THE UNIVERSITY OF WISCONSIN FOUNDATION. THE UNIVERSITY OF WISCONSIN FOUNDATION CONTRIBUTED $68,138 TO THIS PLAN DURING 2022. PART I, LINE 5 COMPENSATION CONTINGENT ON REVENUES: THE CHIEF EXECUTIVE OFFICER, PRESIDENT & CHIEF ADVANCEMENT OFFICER, AND CHIEF DEVELOPMENT OFFICER PARTICIPATE IN AN INCENTIVE COMPENSATION ARRANGEMENT. THESE EXECUTIVES VARIABLE COMPENSATION IS BASED ON PERFORMANCE AGAINST A SCORECARD AND INCLUDES A COMPONENT BASED ON DEVELOPMENT DOLLARS RECEIVED. THE CATEGORIES AND METRICS ARE REVIEWED AND ADJUSTED ANNUALLY BY THE EXECUTIVE COMMITTEE. THERE IS ALSO A QUALITATIVE COMPONENT TO EACH SCORECARD. PART I, LINE 7 ORGANIZATION PROVIDING NON-FIXED PAYMENTS NOT DESCRIBED IN LINES 5 & 6: 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 MANAGEMENT GROUP. THE BOARD OF DIRECTORS AND THE CEO OF THE UNIVERSITY OF WISCONSIN FOUNDATION APPROVED THE ESTABLISHMENT OF THE PLAN WHICH IS DETAILED BELOW: PARTICIPANTS: CHIEF INVESTMENT OFFICER, SENIOR DIRECTORS OF INVESTMENTS AND OTHERS RECOMMENDED BY THE CEO AND APPROVED BY THE INVESTMENT COMMITTEE AND THE EXECUTIVE COMMITTEE. INCENTIVE COMPENSATION: PARTICIPANTS ARE ELIGIBLE FOR AWARDS RANGING FROM ZERO TO 60% OF THEIR ANNUAL BASE CASH COMPENSATION EARNED IN THE CALENDAR YEAR UNDER REVIEW. THE CEO, IN CONSULTATION WITH THE CHAIR OF THE INVESTMENT COMMITTEE, RECOMMENDS APPROPRIATE PERCENTAGE INCENTIVE OPPORTUNITY BASED ON MARKET VALIDATED TOTAL CASH COMPENSATION BASED ON THE WFAA COMPENSATION PHILOSOPHY. THE AWARD AMOUNT IS BASED ON A RETROSPECTIVE ASSESSMENT OF PERFORMANCE AGAINST GOALS (COMPARED TO PRE-DETERMINED BENCHMARK) ON A SET OF WEIGHTED FACTORS CUSTOMIZED FOR EACH ELIGIBLE EMPLOYEE. THESE ASSESSMENTS ARE COMPLETED AS DATA BECOMES AVAILABLE FOR THE PRIOR CALENDAR YEAR, AND ARE SUBSEQUENTLY PRESENTED TO THE EXECUTIVE COMMITTEE FOR APPROVAL. INCENTIVE COMPENSATION AWARDED UNDER THIS PLAN WILL NOT TRIGGER ADDITIONAL CONTRIBUTIONS TO THE FOUNDATION'S DEFINED CONTRIBUTION 401(K) PLAN. FACTORS TO CONSIDER: IN DETERMINING THE PERCENTAGE OF SALARY TO BE AWARDED, EACH ELIGIBLE PARTICIPANT WILL BE EVALUATED ON INVESTMENT RETURN RESULTS AS WELL AS NON-FINANCIAL FACTORS RELATED TO HIS/HER PERFORMANCE. THE SPECIFIC FACTORS, COMPARISONS, TIMEFRAMES AND WEIGHTINGS WILL BE DETERMINED BY THE INVESTMENT COMMITTEE CHAIR, IN CONSULTATION WITH THE CEO, BASED ON EACH INDIVIDUAL PARTICIPANT'S ROLE, LENGTH OF SERVICE, ASSET CLASS RESPONSIBILITY AND OTHER RELEVANT FACTORS. THESE PERSONALIZED PERFORMANCE MEASURES WILL BE DOCUMENTED IN MATRICES, AND APPROVED BY THE EXECUTIVE COMMITTEE FOR EACH PARTICIPANT PRIOR TO THE BEGINNING OF THE CALENDAR YEAR TO BE MEASURED. METHOD OF PAYMENT: PAYMENTS WILL BE AWARDED AS CASH. X 719 40124908 MARKET VALUE X 1 8520 MARKET VALUE X 2 373000 APPRAISAL X MISCELLANEOUS 34 1206948 OTHER X BONDS & DEBENTURES 18 708318 FMV 4 0 1 1 PART I, COLUMN (B): COLUMN B REPORTING EXPLANATION: THE ORGANIZATION IS REPORTING NUMBER OF CONTRIBUTIONS IN COLUMN B OF SCHEDULE M, PART I. PART I, LINE 32B: THIRD PARTIES AND NON-CASH CONTRIBUTIONS: FOR NON-CASH CONTRIBUTIONS THAT ARE NOT TRANSFERRED TO THE UNIVERSITY OF WISCONSIN, THE UNIVERSITY OF WISCONSIN FOUNDATION HIRES REAL ESTATE AGENTS (AT ARM'S LENGTH) TO SELL REAL ESTATE, BROKERS WITHIN A NETWORK OF ACCOUNTS HELD IN THE FOUNDATION'S NAME TO SELL STOCK, AND A THIRD PARTY (AT ARM'S LENGTH) TO SELL ANY MISCELLANEOUS GOODS. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL SHANNON AND SUSAN ENGELEITER BOTH SERVED AS DIRECTORS ON THE BOARD AND ARE BROTHER AND SISTER. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS OF THE UW FOUNDATION WERE AMENDED TO SHIFT OVERSIGHT RESPONSIBILITY OF THE STIP FROM THE INVESTMENT COMMITTEE TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B PROCESS ORGANIZATION USES TO REVIEW FORM 990: THE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. ONCE A DRAFT OF THE FORM 990 IS RECEIVED FROM THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM, A LINE BY LINE REVIEW OF THE RETURN IS COMPLETED BY THE ASSISTANT CONTROLLER OF THE UNIVERSITY OF WISCONSIN FOUNDATION WHO IS A CERTIFIED PUBLIC ACCOUNTANT. THE RETURN IS ALSO REVIEWED BY THE CONTROLLER, THE CHIEF FINANCIAL OFFICER, AND THE AUDIT COMMITTEE OF THE UNIVERSITY OF WISCONSIN FOUNDATION PRIOR TO FILING. THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C HOW ORGANIZATION MONITORS AND ENFORCES CONFLICT OF INTEREST POLICY: 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 INTEREST 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 DISCUSSION AND ANY RELATED VOTE. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT: ANNUALLY THE EXECUTIVE COMMITTEE MEETS TO: 1) DETERMINE AND APPROVE THE CEO'S PAY, AND 2) REVIEW AND APPROVE THE PAY RECOMMENDATIONS MADE BY THE CEO FOR ALL OTHER CORPORATE OFFICERS, THE DIRECT REPORTS OF THE CEO, AND ANY EMPLOYEE WITH AN INDIVIDUAL INCENTIVE PLAN. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE FOLLOWING MEMBERS OF THE BOARD: CHAIR, VICE-CHAIR, ADVANCEMENT COMMITTEE CHAIR, AUDIT COMMITTEE CHAIR, BUDGET & PEOPLE COMMITTEE CHAIR, GOVERNANCE & NOMINATING COMMITTEE CHAIR, INVESTMENT COMMITTEE CHAIR, AND TWO OTHER DIRECTORS APPOINTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE REVIEWS SALARY SURVEY DATA PROVIDED BY HR THAT ARE ADMINISTERED BY THIRD-PARTY COMPENSATION CONSULTANTS THAT INCLUDE BIG TEN, BIG 12 AND OTHER UNIVERSITY FOUNDATIONS AND DEVELOPMENT DEPARTMENTS, AS WELL AS OTHER INDUSTRY DATA, AS APPROPRIATE. THE EXECUTIVE COMMITTEE USES THIS MARKET DATA IN CONJUNCTION WITH INDIVIDUAL JOB PERFORMANCE AND THE FOUNDATION'S COMPENSATION PHILOSOPHY TO BE COMPETITIVE ON A NATIONAL, REGIONAL, OR LOCAL 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. FORM 990, PART VI, SECTION C, LINE 18 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 HOW ORGANIZATION MAKES DOCUMENTS AVAILABLE TO THE PUBLIC: THE FOLLOWING DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AT: HTTPS://WWW.SUPPORTUW.ORG/ABOUT-US/FINANCIAL-INFORMATION/ -IRS TAX DETERMINATION LETTER -AUDITED FINANCIAL STATEMENTS -ANNUAL REPORTS -FORM 990 OTHER REQUIRED DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -3,843,563. FORM 990, PART XII, LINE 2C: THE PROCESS DID NOT CHANGE FROM PRIOR YEAR. FORM 8621: FILING 8621 ON BEHALF OF UNIVERSITY OF WISCONSIN FOUNDATION UNIVERSITY OF WISCONSIN FOUNDATION OWNS A STAKE IN THE FOLLOWING PARTNERSHIPS WHICH HAVE INDIRECT INVESTMENTS IN PASSIVE FOREIGN INVESTMENT COMPANIES (PFICS), AND HAVE FILED FORM 8621 ON BEHALF OF UNIVERSITY OF WISCONSIN FOUNDATION: CERBERUS INSTITUTIONAL PARTNERS, L.P. SERIES FOUR FORM 8886: DISCLOSURE OF REPORTABLE TRANSACTIONS THE FOLLOWING INVESTMENTS OF UNIVERSITY OF WISCONSIN FOUNDATION HAVE FILED FORM 8886 DISCLOSING REPORTABLE TRANSACTIONS. AS A LIMITED PARTNER IN THESE INVESTMENTS, UNIVERSITY OF WISCONSIN FOUNDATION'S ALLOCABLE SHARE FROM THE RESPECTIVE PASSTHROUGH ENTITIES DOES NOT EXCEED THE THRESHOLD AMOUNTS. THEREFORE, UNIVERSITY OF WISCONSIN FOUNDATION HAS NOT PARTICIPATED IN A LOSS TRANSACTION REPORTABLE ON FORM 8886: DRAPER FISHER JURVETSON FUND VI, L.P. THE EVJUE FOUNDATION INC 1901 FISH HATCHERY ROAD MADISON WI 53713 396073981 SUPPORT ORG WI 501(C)(3) LINE 12A, I N/A 1 TERRY FAMILY FOUNDATION INC 125 N HAMILTON ST UNIT 1401 MADISON WI 53703 391831024 SUPPORT ORG WI 501(C)(3) LINE 12A, I N/A 1 POOLED INCOME FUND B - 2 PARTICIPANTS POOLED FUND WI UW FOUNDATION 1 POOLED INCOME FUND A - 7 PARTICIPANTS POOLED FUND WI UW FOUNDATION 1 CHARITABLE REMAINDER UNITRUST - 85 TRUST WI UW FOUNDATION T 1 CHARITABLE REMAINDER ANNUITY TRUST - 8 TRUST WI UW FOUNDATION T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 CHARITABLE REMAINDER UNITRUSTS - 7 S 973800 CASH VALUE