2024-11-12T11:56:45-06:00 2024-06-30 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2023-07-01 846049811 UNIVERSITY OF COLORADO FOUNDATION UNIV 3038137935 1800 GRANT STREET SUITE 725 DENVER CO 80203 JACK FINLAW PRESIDENT & CEO 3038137935 2024-11-11 1 0 DORI J EGGETT P00645252 3037409400 2024-11-11 2023 2024-10-15 13:58:12Z JACK FINLAW 1800 GRANT STREET SUITE 725 DENVER CO 80203 342190499 0 X WWW.GIVING.CU.EDU/CUFOUNDATION X 1967 CO THE UNIVERSITY OF COLORADO FOUNDATION IS THE PORTAL FOR PHILANTHROPIC GIVING TO THE UNIVERSITY OF COLORADO AND IS RESPONSIBLE FOR RECEIVING, MANAGING AND INVESTING THE ENDOWMENTS AND OTHER GIFT FUNDS THE FOUNDATION HOLDS FOR THE BENEFIT OF CU. 19 18 29 18 474666 0 306188355 224143162 7881766 6890291 120063635 110020921 10446610 1136125 444580366 342190499 222045447 219413631 0 0 3611959 3976249 1030508 878437 36921216 59927200 57539562 286615114 281807879 157965252 60382620 3048394011 3233557618 618604126 642318666 2429789885 2591238952 X THE UNIVERSITY OF COLORADO FOUNDATION IS THE PORTAL FOR PHILANTHROPIC GIVING TO THE UNIVERSITY OF COLORADO AND IS RESPONSIBLE FOR RECEIVING, MANAGING AND INVESTING THE ENDOWMENTS AND OTHER GIFT FUNDS THE FOUNDATION HOLDS FOR THE BENEFIT OF CU. 0 0 219413631 219413631 7551750 SEE SCHEDULE O.UNIVERSITY OF COLORADO FOUNDATION'S CHARITABLE MISSION IS TO RECEIVE AND MANAGE PRIVATE GIFTS TO BENEFIT THE UNIVERSITY OF COLORADO. IN ACCORDANCE WITH THIS MISSION, THE FOUNDATION RECEIPTED $224,143,162 IN DIRECT PUBLIC SUPPORT OF THE UNIVERSITY FOR THE FISCAL YEAR ENDED JUNE 30, 2024. IN ADDITION, AS OF JUNE 30, 2024 THE FOUNDATION INVESTED, ACCOUNTED FOR, AND MANAGED $2,245,565,675 IN NET ASSETS FOR THE BENEFIT OF THE UNIVERSITY. THE FOUNDATION DIRECTLY APPLIED AND DISTRIBUTED MONIES TO UNIVERSITY OF COLORADO IN THE AMOUNT OF $219,283,389. THESE APPLIED AND DISTRIBUTED MONIES WERE USED BY THE UNIVERSITY TO PROVIDE SCHOLARSHIPS, FELLOWSHIPS, FUND LECTURESHIPS AND PROFESSORSHIPS, CONSTRUCT FACILITIES, PURCHASE EQUIPMENT, PROVIDE LOANS, PURCHASE EDUCATIONAL AND RESEARCH MATERIALS AND TO FUND A MYRIAD OF OTHER PROJECTS AND ITEMS TO HELP THE UNIVERSITY PROVIDE EDUCATION TO THE GENERAL PUBLIC. 219413631 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 0 0 1 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 19 0 1 29 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NV NC NH NJ NY OH OK OR PA RI SC TN UT VA WA WI WV AZ X X CHARLENE LAUS 3038137905 1800 GRANT STREET SUITE 725 DENVER CO 80203 JACK FINLAW PRESIDENT & CEO 40.00 X X 504807 0 35097 A KELLER YOUNG ESQ SVP, GENERAL COUNSEL, CAO 40.00 X 310105 0 40196 CHARLENE LAUS VP & CFO 40.00 X 291465 0 26216 LYNNEA HUTTON VP, PEOPLE & CULTURE 40.00 X 197461 0 32095 ELIZABETH SAYER CONTROLLER 40.00 X 185404 0 19627 SASKIA SAWYER AVP GIFT SERVICES 40.00 X 174183 0 31933 ANNIE BACCARY VP FOR ADVANCEMENT OPERATIONS 1.00 X 0 0 0 BRIAN DOLAN DIRECTOR 1.00 X 0 0 0 MICHAEL DONNELLY DIRECTOR 1.00 X 0 0 0 ILANA DUBIN-SPIEGEL UNVERSITY REGENT 1.00 X 0 0 0 NAN EKLUND DIRECTOR 1.00 X 0 0 0 WILLIAM K FISHER DIRECTOR 1.00 X 0 0 0 TODD FREDRICKSON DIRECTOR 1.00 X 0 0 0 TANYA KELLY-BOWRY DIRECTOR 1.00 X 0 0 0 LISA KETTERING DIRECTOR 1.00 X 0 0 0 SCOTT KINGDOM DIRECTOR 1.00 X 0 0 0 KEVIN KRATT DIRECTOR 1.00 X 0 0 0 PATTY IMHOFF DIRECTOR 1.00 X 0 0 0 JEREMY O MAY DIRECTOR 1.00 X 0 0 0 BECKY L MEDVED DIRECTOR 1.00 X 0 0 0 GARY MEGGISON DIRECTOR 1.00 X 0 0 0 WILLIAM NELSON DIRECTOR 1.00 X 0 0 0 TODD SALIMAN UNIVERSITY PRESIDENT 1.00 X 0 0 0 HEIDI WAGNER DIRECTOR 1.00 X 0 0 0 BARBARA WINTER DIRECTOR 1.00 X 0 0 0 CAROLE YALEY DIRECTOR 1.00 X 0 0 0 MELINDA H YEE DIRECTOR 1.00 X 0 0 0 1663425 0 185164 6 0 1 0 CERITY PARTNERS OCIO 7979 E TUFTS AVE SUITE 700 DENVER CO 80237 INVESTMENT MANAGER 5120891 CHARLESBANK 200 CLARENDON ST 54TH FLOOR BOSTON MA 02116 INVESTMENT MANAGER 1173141 VISION RIDGE PARTNERS 1011 WALNUT ST SUITE 400 BOULDER CO 80302 INVESTMENT MANAGER 1159524 AQUA CAPITAL AV CIDADE JARDIM 803 6TH FLOOR SAO PAULO BR 01453-000 INVESTMENT MANAGER 1118385 TEMBO CAPITAL MANAGEMENT 7-9 SWALLOW ST LONDON UK W1B 4DE INVESTMENT MANAGER 973325 39 224143162 21236537 224143162 ADV SUPP CUSTODIAL FDS 611710 6890291 6890291 6890291 30087549 30087549 79933372 0 79933372 79933372 79933372 UBIT REVENUE 523000 474666 474666 CU ENDOWMENT TRANSFERS 900099 335962 335962 DUES REVENUE 611710 325497 325497 1136125 342190499 7551750 474666 110020921 X 219413631 219413631 1848589 1848589 1427319 1427319 306761 306761 172621 172621 220959 220959 15831 15831 215571 215571 878437 878437 19480156 19480156 36267341 224562 36042779 433997 433997 294049 294049 147394 147394 31684 31684 204602 204602 72865 72865 209001 209001 PROFESSIONAL DEVELOPMEN 143198 143198 DUES/MEMBERSHIPS/SUBSCR 20107 20107 MISCELLANEOUS OPERATING 3766 3766 281807879 219413631 25473032 36921216 3 23507623 84071999 162887196 142374488 701146 231031 86785 928344 5570216 4506871 1129227 1063345 582597537 751625638 2234136553 2210366350 43347944 42896420 3048394011 3233557618 10716227 13506082 227289 193028 588228246 608911357 19432364 19708199 618604126 642318666 X 51550496 58053674 2378239389 2533185278 2429789885 2591238952 3048394011 3233557618 X 60382620 104345277 -3278830 X 0 1 X 1 0 X 193433008 262612492 192888529 306188355 224143162 1179265546 193433008 262612492 192888529 306188355 224143162 1179265546 121625781 1057639765 7615819 46050675 62545151 28545175 30087549 174844369 2170920 477799 232625 1926092 661459 5468895 1359578810 18529229 0.77790 0.79060 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 2,170,920. 2020 AMOUNT: $ 477,799. 2021 AMOUNT: $ 232,625. 2022 AMOUNT: $ 1,926,092. 2023 AMOUNT: $ 661,459. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 225406507 225406507 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 0 1 X 1841974375 67913606 78479756 1504592 1986863145 1727979591 61438723 52715110 159049 1841974375 1849671600 80029082 -127751141 73969950 1727979591 1317135836 103907709 485340949 56712894 1849671600 1240504416 76383080 54398753 54150413 1317135836 0.01125 0.50072 0.48802 1 0 32078 32078 1878300 903940 974360 379063 379063 0 690054 633147 56907 2590721 2590721 0 1063345 DOMESTIC EQUITIES 40800000 F FIXED INCOME 250679972 F REAL ESTATE 119079896 F PRIVATE EQUITY 584072937 F ABSOLUTE RETURNS FUNDS 286654725 F VENTURE CAPITAL 305679051 F COMMODITIES 40111111 F OTHER 2660174 F COMINGLED EQUITY SECURITIES 579012171 F INTERNATIONAL EQUITIES 1616313 F 2210366350 FUNDS HELD IN TRUST FOR OTHERS 2712816 LIABILITIES UNDER SPLIT INTEREST 16995383 19708199 427254349 104345277 673395 105018672 322235677 19480156 474666 19954822 342190499 262327723 0 262327723 19480156 19480156 281807879 PART IV, LINE 2B: THE FOUNDATION HOLDS AND INVESTS CERTAIN ENDOWMENT AND OTHER FUNDS IN A LONG TERM INVESTMENT POOL UNDER THE TERMS OF AN INVESTMENT MANAGEMENT AGREEMENT WITH UNIVERSITY OF COLORADO. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS INCLUDE DONOR RESTRICTED PURE AND QUASI-ENDOWMENT FUNDS, AND BOARD-DESIGNATED ENDOWMENT FUNDS. THESE ENDOWMENTS ARE MANAGED IN ACCORDANCE WITH THE FOUNDATION BOARD APPROVED SPENDING POLICY, AND DISTRIBUTIONS FROM THESE ENDOWMENTS ARE MADE IN ACCORDANCE WITH SUCH POLICY AND ARE AVAILABLE TO THE UNIVERSITY OF COLORADO TO SUPPORT ITS PROGRAMS AND OPERATIONS, IN ACCORDANCE WITH THE APPLICABLE DONOR'S RESTRICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 673,395. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNRELATED BUSINESS INCOME 474,666. 1 CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS 303088243 WESTERN EUROPE - INVESTMENTS 57228043 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES INVESTMENTS 233602294 0 0 0 0 0 0 593918580 0 593918580 1 0 1 0 1 0 PART I, LINE 2: THE FOUNDATION DOES NOT PROVIDE GRANTS OR OTHER ASSISTANCE OUTSIDE OF THE UNITED STATES. X X X X X 1 RUFFALO NOEL LEVITZ 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 MANAGE A TELEPHONE SOLICITATION PROGRAM 0 159316 878437 -719121 159316 878437 -719121 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NV NC NH NJ NY OH OK OR PA RI SC TN UT VA WA WI WV SCHEDULE G, PART I, LINE 2B, COLUMN (V) 100% OF GROSS RECEIPTS FROM ACTIVITY, OR COLUMN IV, ARE TRANSFERRED TO THE UNIVERSITY AS PHILANTHROPIC SUPPORT. THE AMOUNT PAID TO RUFFALO NOEL LEVITZ IN COLUMN V IS AN EXPENSE PAID TO HELP GROW THE NUMBER OF DONORS TO THE UNIVERSITY. 1 UNIVERSITY OF COLORADO 1800 GRANT ST SUITE 800 DENVER CO 80203 846000555 501(C)(3) 210338756 0 SEE PART IV UNIVERSITY OF COLORADO HOSPITAL FOUNDATION 2400 S PEORIA ST STE 100 AURORA CO 80014 208575263 501(C)(3) 8518387 0 PUBLIC SERVICE, MEDICAL OUTREACH UNIVERSITY OF NORTHERN COLORADO PO BOX 10 GREELEY CO 80639 846044833 501(C)(3) 15000 0 SCHOLARHSIPS METROPOLITAN STATE UNIVERSITY OF DENVER PO BOX 173362 DENVER CO 80217 840576459 501(C)(3) 15000 0 SCHOLARSHIPS UNIVERSITY OF DENVER 2199 S UNIVERSITY BOULEVARD DENVER CO 80210 840404231 501(C)(3) 12632 0 SCHOLARSHIPS NORTHWESTERN UNIVERSITY 633 CLARK ST EVANSTON IL 60208 362167817 501(C)(3) 130125 0 RESEARCH STARTUP COLORADO 951 20TH ST UNIT 2194 DENVER CO 80201 883487860 501(C)(3) 253489 0 GENERAL SUPPORT ENTREPRENEURIAL 7 0 PART I, LINE 2: THE USE OF GRANTS MADE BY THE UNIVERSITY OF COLORADO FOUNDATION ARE MONITORED BY THE UNIVERSITY OF COLORADO. PART II, LINE 1: UNIVERSITY OF COLORADO - GRANTS PAID GIFTS AND INCOME DISTRIBUTED TO THE UNIVERSITY OF COLORADO WERE APPLIED AS FOLLOWS: ACADEMICS - $87,659,788 ATHLETICS - $3,239,199 CAPITAL PROJECTS - $5,699,106 PROFESSORSHIP CHAIRS - $30,162,078 PUBLIC SERVICE, ADMINISTRATION, LIBRARY - $17,233,044 RESEARCH - $25,184,199 SCHOLARSHIPS & FINANCIAL AID - $38,043,024 X X X X X 0 0 0 0 0 0 0 0 0 JACK FINLAW PRESIDENT & CEO 421811 0 82996 0 0 0 19800 0 15297 0 539904 0 0 0 A KELLER YOUNG ESQ SVP, GENERAL COUNSEL, CAO 282019 0 28086 0 0 0 19003 0 21193 0 350301 0 0 0 CHARLENE LAUS VP & CFO 266025 0 25440 0 0 0 17499 0 8717 0 317681 0 0 0 LYNNEA HUTTON VP, PEOPLE & CULTURE 178961 0 18500 0 0 0 12625 0 19470 0 229556 0 0 0 ELIZABETH SAYER CONTROLLER 148685 0 36719 0 0 0 11260 0 8367 0 205031 0 0 0 SASKIA SAWYER AVP GIFT SERVICES 160506 0 13677 0 0 0 10968 0 20965 0 206116 0 0 0 X 366 21236537 AVG HIGH/LOW PRICE 0 1 1 PART I, LINE 32B: THE FOUNDATION MAINTAINS ACCOUNTS AT CHARLES SCHWAB, WELLS FARGO, AND BANK OF NEW YORK MELLON FROM WHICH SECURITIES ARE RECEIVED AND SOLD. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S INDEPENDENT ACCOUNTING FIRM WILL REVIEW THE 990 WITH THE AUDIT COMMITTEE. THE AUDIT COMMITTEE CHAIR WILL PROVIDE A SUMMARY OF THIS REVIEW TO THE FULL BOARD ALONG WITH A COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED TO KEY EMPLOYEES, DIRECTORS, AND COMMITTEE MEMBERS WHO ARE NOT DIRECTORS. EACH RECIPIENT IS ASKED TO COMPLETE A DISCLOSURE CERTIFICATION. THESE DOCUMENTS ARE COLLECTED AND THE INFORMATION COMPILED IN THE FOUNDATION'S LEGAL DEPARTMENT. WHEN THE FOUNDATION IS CONSIDERING ENTERING INTO MAJOR TRANSACTIONS AND/OR CONTRACTS WITH OUTSIDE PARTIES, POTENTIAL CONFLICTS OF INTEREST ARE RESEARCHED. IF THERE IS AN IDENTIFIED CONFLICT, THE FOUNDATION FOLLOWS THE POLICY TO RESOLVE THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY OF COLORADO FOUNDATION HAS A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMMITTEE REVIEWS AND APPROVES SALARY ADJUSTMENTS AND ANY ADDITIONAL COMPENSATION FOR THE FOUNDATION'S OFFICERS. THE COMMITTEE RELIES ON MARKET COMPENSATION STUDIES FOR EACH APPLICABLE POSITION, WHICH ARE PERFORMED BY AN OUTSIDE COMPENSATION CONSULTANT AND UPDATED EVERY THREE YEARS. THE COMMITTEE'S DELIBERATION AND SALARY APPROVALS ARE DOCUMENTED IN THE MINUTES MAINTAINED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. AUDITED FINANCIALS ARE ALSO AVAILABLE ON THE CUF WEBSITE WWW.CUFUND.ORG. FORM 990, PART IX, LINE 11G CU SUPPORT FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 224,562. FUNDRAISING EXPENSES 36,042,779. TOTAL EXPENSES 36,267,341. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 673,395. UNRELATED BUSINESS (INCOME)/LOSS -474,666. WRITE-OFF OF UNCOLLECTIBLE CONTRIBUTIONS RECEIVABLE -3,477,559. THE UNIVERSITY OF COLORADO UK FOUNDATION LIMITED 1800 GRANT STREET SUITE 725 DENVER CO 80203 REAL ESTATE CO 501(C)(3) 509(A)(3) CU FOUNDATION 1 CHARITABLE REMAINDER TRUSTS (47) CRAT/CRUT CO CU FOUNDATION T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0