2024-05-06T14:22:40-05:00 2023-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2022-07-01 942781749 University of Nevada Reno Foundation UNIV 7757841587 1664 N Virginia Mail Stop 0162 Reno NV 895570162 Crystal Sublet Controller 7757841587 2024-05-03 1 Crystal Sublet 999009999 1 Deb Nelson CPA P01264758 6122536500 2024-05-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Crystal Sublet 1664 N Virginia Mail Stop 0162 Reno NV 895570162 273573870 0 X www.unr.edu/giving/foundation X 1981 NV To aid, support, & assist the University of Nevada, Reno to enhance the quality of education. 39 39 0 350 1024585 42077 41288049 130586285 1047804 731623 17218310 20473419 89904 143185 59644067 151934512 26107701 36711196 0 0 3085807 3967341 0 0 2184575 3077695 2457869 32271203 43136406 27372864 108798106 387075981 496343514 7422061 9871482 379653920 486472032 X Facilitate gifts & grants for the benefit of the University of Nevada, Reno to enhance the quality of education through charitable giving. 0 0 21851684 21851684 731623 University Programs: The University of Nevada Reno Foundation receives, manages & disburses funds in accordance with the designated restricted purpose for which the gifts were donated. Provides programmatic funding supporting students, faculty, research & the community in the area funds were raised for. There were 1,180 endowed funds in 2023. Part of the increase relates to the additional facilities and program assets received from Sierra Nevada University. 7338391 7338391 Capital Projects: Assist in funding construction projects on campus. Some of the major projects include the Robert Cashell Fieldhouse, Pennington Health Sciences Building, Eric & Linda Lannes Basketball facility and the School of Public Health Building Renovations. 7207456 7207456 University Scholarships: Scholarship funding was used for both need and merit based scholarships. More than 3,858 donor-funded scholarships were awarded in 2023. 313665 313665 Alumni Programs: Funding was provided to Alumni Association and various alumni chapters to strengthen ties to the University community. 313665 313665 36711196 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 10 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 X 39 39 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 1 AK CA CO DC ME MD MA MI MN NH NJ NY OH SC UT WA X Crystal Sublet 7757841587 1664 N Virginia Mail Stop 0162 Reno NV 895570162 Brian Sandoval President, UNR 2.00 40.00 X 0 470625 140234 William Johnson Executive Director (Until 5/2023) 40.00 2.00 X 0 332911 61891 Beth Padovan Interim Treasurer 30.00 10.00 X 0 128266 55352 Holly Stanco Corporate Secretary (From 9/2022) 30.00 20.00 X 0 123263 22244 Patricia Richard From 52023 Interim Executive Director 40.00 2.00 X 0 0 0 Jeff Rodefer Chair 5.00 0.00 X X 0 0 0 Ann Morgan Chair Elect/Vice Chair Governance 5.00 0.00 X X 0 0 0 Mitch Hitchcock Immediate Past Chair (Until 12/2022) 5.00 0.00 X X 0 0 0 Janet Mello Vice Chair Special Events & Public Affairs 5.00 0.00 X X 0 0 0 Mark Denzler Vice Chair Investment 5.00 0.00 X X 0 0 0 Stephanie Kruse Vice Chair Nominating 5.00 0.00 X X 0 0 0 Felicia O'Carroll Vice Chair Audit (Until 6/2022) 5.00 0.00 X X 0 0 0 Frank Gallagher Vice Chair Gifts 5.00 0.00 X X 0 0 0 James Pagliarini Vice Chair Development 5.00 0.00 X X 0 0 0 Amie Chapman Vice Chair Nominating 5.00 0.00 X X 0 0 0 John Desmond Vice Chair Governance 5.00 0.00 X X 0 0 0 Pat Miltenberger Edgington Member-at-Large 5.00 0.00 X X 0 0 0 Sara Lafrance Member-at-Large 5.00 0.00 X X 0 0 0 Andy Wallace Trustee (Until 12/2022) 2.00 0.00 X 0 0 0 Chad Osorno Trustee (Until 12/2022) 2.00 0.00 X 0 0 0 Charles Jeannes Trustee (Until 12/2022) 2.00 0.00 X 0 0 0 Dina Hunsberger Trustee (Until 12/2022) 2.00 0.00 X 0 0 0 Adam Kramer Trustee (Until 12/2022) 2.00 0.00 X 0 0 0 Opal Adams Trustee 2.00 0.00 X 0 0 0 Carolyn Barbash Trustee 2.00 0.00 X 0 0 0 Deena Behnke Trustee (From 1/2023) 2.00 0.00 X 0 0 0 Don Bernard II Trustee 2.00 0.00 X 0 0 0 Stuart Brady Trustee 2.00 0.00 X 0 0 0 Dean Byrne Trustee 2.00 0.00 X 0 0 0 Peter Costa Trustee 2.00 0.00 X 0 0 0 Tammy Dermody Trustee 2.00 0.00 X 0 0 0 Sarah Ferguson Trustee (From 1/2023) 2.00 0.00 X 0 0 0 Laura Granier Trustee 2.00 0.00 X 0 0 0 Cheryl Hawkins Trustee 2.00 0.00 X 0 0 0 Paul Lipparelli Trustee 2.00 0.00 X 0 0 0 Daniel Lofrese Trustee 2.00 0.00 X 0 0 0 Kevinn Pinkney Trustee 2.00 0.00 X 0 0 0 Benson Mathews Trustee (From 1/2023) 2.00 0.00 X 0 0 0 Paul Mathews Trustee (From 1/2023) 2.00 0.00 X 0 0 0 Steven Peralta Trustee (From 1/2023) 2.00 0.00 X 0 0 0 Brigid Sullivan Pierce Trustee (From 1/2023) 2.00 0.00 X 0 0 0 Jason Sala Trustee 2.00 0.00 X 0 0 0 Gerald Smith Trustee (Until 3/2023) 2.00 0.00 X 0 0 0 Marilyn Spiegel Trustee (From 1/2023) 2.00 0.00 X 0 0 0 Ed Stevenson Trustee 2.00 0.00 X 0 0 0 Caryn Swobe Trustee (From 1/2023) 2.00 0.00 X 0 0 0 Julie Teel Trustee (From 1/2023) 2.00 0.00 X 0 0 0 Brian Wallace Trustee 2.00 0.00 X 0 0 0 Thomas Witter Trustee 2.00 0.00 X 0 0 0 Leonard Wohletz Trustee 2.00 0.00 X 0 0 0 Eugene Wong Trustee (From 1/2023) 2.00 0.00 X 0 0 0 Vick Wowo Trustee 2.00 0.00 X 0 0 0 0 1055065 279721 0 0 1 0 Maupin Cox & Legoy PO Box 30000 Reno NV 89520 Legal Services 101150 1 95540 270102 3953581 126267062 53107078 130586285 Educational Support Services 611710 731623 731623 731623 7308702 1024585 6284117 143185 143185 134318192 110769 121264244 0 13053948 110769 13164717 13164717 375114 270102 375114 0 151934512 731623 1024585 19592019 36711196 36711196 2946077 1417785 1528292 1021264 457930 563334 41109 41109 72584 72584 1627778 1627778 144902 141635 3267 2141 2141 207072 207072 25866 5458 20408 30946 14573 16373 711 711 20500 20500 Equipment & Maintenance 277083 231259 45824 Recruitment 4965 1083 3882 Appreciation & Gifts 2212 1158 1054 43136406 36711196 4240635 2184575 240356 474856 48895218 54100332 8158597 10112204 6571169 2029209 3933 0 46229605 2113187 42847 44116418 210395580 223982484 103211770 151216313 3257428 3219447 6299083 7092251 387075981 496343514 632225 146343 6452216 8804458 337620 920681 7422061 9871482 X 16649712 65282186 363004208 421189846 379653920 486472032 387075981 496343514 108798106 -1979994 0 X 0 1 X 1 0 X 22580291 27187347 49119229 41288049 130586285 270761201 22580291 27187347 49119229 41288049 130586285 270761201 23596197 247165004 6410538 3041969 13083283 5135098 6427302 34098190 4823 6782 1024585 1036190 305895581 15945783 0.80800 0.69940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 297246987 10678304 59300340 -2334150 11268680 2526380 355764721 299483677 17581897 -7795207 -1558397 10222420 3359357 297246987 230531484 5180141 80263512 2384066 9392887 4714507 299483677 232738408 3656012 5306428 8549550 2619814 230531484 215751700 12001552 15533767 7904714 2643896 232738409 0.25014 0.74333 0.00653 1 0 9790450 9790450 36409200 2083469 34325731 29955 29718 237 44116418 Commingled funds valued at NAV 151216313 F 151216313 Due To University of Nevada 920681 920681 X 148701855 -1979994 -1979994 150681849 1627778 -375115 1252663 151934512 41883743 375115 375115 41508628 1627778 1627778 43136406 Part V, Line 4: The intended use of endowment funds are to facilitate gifts and grants for the benefit of the University of Nevada, Reno to enhance the quality of education through charitable giving. The endowment includes funds held at the Parasol Tahoe Community Foundation, an unrelated organization. Part X, Line 2: Management believes that the Foundation has appropriate support for tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation recognizes state and federal excise taxes and interest and/or penalties, if incurred, related to unrecognized tax liabilities or benefits in income tax expense. Part XI, Line 4b - Other Adjustments: Fundraising Expenses -375,115. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 375,115. Central America and the Caribbean 0 0 Investments 56803000 0 0 0 0 0 0 56803000 0 56803000 1 0 1 1 1 0 Part III Accounting Method: 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. Blue Tie Ball 229135 45544 183591 0 0 4199 161555 16500 1337 Governor's Dinner 203980 100687 103293 0 0 11915 61354 26890 3134 9 199224 121368 77856 0 9842 1970 53663 7325 5056 632339 267599 364740 9842 18084 276572 50715 9527 364740 0 1 University of Nevada Reno Mail Stop 0124 Reno NV 89557 886000024 State of Nevada 0 21851684 University Programs University of Nevada Reno Mail Stop 0124 Reno NV 89557 886000024 State of Nevada 0 7338391 Capital Projects University of Nevada Reno Mail Stop 0124 Reno NV 89557 886000024 State of Nevada 0 7207456 University Scholarships University of Nevada Reno Mail Stop 0124 Reno NV 89557 886000024 State of Nevada 0 313665 Alumni Programs 1 0 Part I, Line 2: The University of Nevada, Reno maintains records to substantiate the amount of grants or assistance, the grantees' eligibility, and the selection criteria used to award the grants or assistance. The University of Nevada, Reno Foundation transfers the funds to the University of Nevada, Reno to supplement and support student scholarships, construction and/or operations. Expenditures are in compliance with IRS regulations, State of NV laws and NV System of Higher Education rules & regulations. 0 0 0 0 0 0 0 0 0 Brian Sandoval President, UNR 0 470625 0 0 0 0 0 130988 0 9246 0 610859 0 0 William Johnson Executive Director (Until 5/2023) 0 311545 0 0 0 21366 0 47275 0 14616 0 394802 0 0 Beth Padovan Interim Treasurer 0 127726 0 0 0 540 0 40813 0 14539 0 183618 0 0 Part I, Line 3 The Foundation does not establish the compensation of the Executive Director. Compensation is determined by University of Nevada, Reno, a related organization, and the Foundation relied on a related organization to establish compensation. X 98 6857078 Fair Market Value X 1 46250000 Fair Market Value 1 0 1 1 Part I, Column (b): Colmun (b) represents the number of contributions. Part I, Line 32b: The Foundation may retain a local attorney to list and facilitate any sales of contributed water and mineral rights. Form 990, Part VI, Section A, line 1a The Executive Committee has authority to act on behalf of the governing body between meetings. The Committee is comprised of the Board Chair, the Board Chair Elect, six Vice Chairs and two Trustees-at-Large. The President of the University, immediate past Board Chair, the President of the Alumni Association, the Executive Director, Associate VP/Secretary, and Treasurer of the Foundation serve as ex officio members of the Executive Committee. Form 990, Part VI, Section A, line 6 The NSHE Board of Regents is the sole member of the Foundation. Form 990, Part VI, Section A, line 7a The appointment of the Foundation Board of Trustees is the responsibility of the Nevada System of Higher Education. Form 990, Part VI, Section A, line 7b NSHE Board of Regents must formally approve changes the Foundation's bylaws. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Audit and Finance Chair prior to filing. It is then made available to the Audit and Finance Committee and Board of Directors after filing. Form 990, Part VI, Section B, line 12c All Board members are covered by the policy. Depending on the nature of the potential conflict and which member, the Board Chair would be consulted as would outside legal counsel. Executive Director, Associate VP and Board Chair review annual statements. Determinations are made by the Board but any possible conflict would be investigated and reviewed. Restrictions depend on the nature of the conflict but again would be vetted through legal counsel and could include change in committee assignments, resigning from the Board, or abstention from particular discussions and/or votes. Form 990, Part VI, Section B, line 15 All of the officers are employees of the University of Nevada, Reno and as such are employees of the State of Nevada. The Foundation does not compensate any employees. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and audited financials are made available upon request. TSTH LLC Mail Stop 0162 Reno NV 89557 880435437 Unusual gift holding company NV 0 74442 UNR Foundation Wonder LLC Mail Stop 0162 Reno NV 89557 301246270 Unusual gift holding company NV 0 1342944 UNR Foundation Nevada Sagebrush Mail Stop 0162 Reno NV 89557 834443305 Unusual gift holding company NV 67174 150688 UNR Foundation Lake Campus LLC Mail Stop 0162 Reno NV 89557 612040021 Unusual gift holding company NV 46250000 43995658 UNR Foundation Nevada System of Higher Education 2601 Enterprise Rd Reno NV 89512 886000024 Higher Education NV N/A 0 University of Nevada Reno Mail Stop 0124 Reno NV 89557 886000024 Higher Education NV Nevada System of Higher Education 0 University of Nevada Alumni Association Mail Stop 0164 Reno NV 89557 880103531 Alumni Relations NV 501(c)(3) Line 5 Nevada System of Higher Education 0 Athletic Association of Nevada Inc Mail Stop 0162 Reno NV 89557 237046624 Athletic Program Support NV 501(c)(3) Line 5 Nevada System of Higher Education 0 AAUN Endowment Inc Mail Stop 0162 Reno NV 89557 880296894 Athletic Program Support NV 501(c)(3) Line 5 Athletic Association of Nevada Inc 0 Charitable Remainder Trusts (5) University Support NV N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1