2025-11-11T06:35:55-06:00 2024-12-31 420714325 RSM US LLP 1001 WATER ST STE 500 TAMPA FL 33602 990 2024-01-01 593510383 UNIVERSAL ORLANDO FOUNDATION INC UNIV 4072243729 1000 UNIVERSAL STUDIOS PLAZA ORLANDO FL 328197601 TRACEY STOCKWELL TREASURER 4072247905 2025-11-10 1 1 KRISTEN BARNETT P01234578 8133162300 2025-11-10 2024 2025-03-06 01:10:19Z JOHN SPROULS 1000 UNIVERSAL STUDIOS PLAZA ORLANDO FL 328197601 4903443 0 X WWW.UNIVERSALORLANDOFOUNDATION.ORG X 1998 FL THE FOUNDATION SEEKS TO PROMOTE THE QUALITY OF LIFE IN THE CENTRAL FLORIDA COMMUNITY, ADDRESSING NEEDS AND CONCERNS PRIMARILY IN THE AREAS OF EDUCATION, CHILDREN, FAMILY AND BASIC NEEDS. 12 3 0 161 0 0 3608292 3806069 0 0 0 0 58981 67975 3667273 3874044 2668844 2938568 0 0 41226 45428 0 0 595543 590342 757840 3300412 3741836 366861 132208 3074608 2923750 802956 519890 2271652 2403860 X THE FOUNDATION SEEKS TO PROMOTE THE QUALITY OF LIFE IN THE CENTRAL FLORIDA COMMUNITY, ADDRESSING NEEDS AND CONCERNS PRIMARILY IN THE AREAS OF EDUCATION, CHILDREN, FAMILY AND BASIC NEEDS. 0 0 1981317 1935889 FOUNDATION GENERAL FUND - THE FOUNDATION AWARDS GRANTS TO ORGANIZATIONS AND PROGRAMS THAT TAKE A PROACTIVE APPROACH TO COMMUNITY NEEDS IN THE AREA OF EDUCATION, CHILDREN, FAMILY AND BASIC NEEDS. 355284 355284 TEAM MEMBER CHARITABLE FUND - THIS FUND PROVIDES FINANCIAL ASSISTANCE THROUGH THE TEAM MEMBER CRISIS ASSISTANCE PROGRAM TO UNIVERSAL ORLANDO TEAM MEMBERS WHO HAVE HAD A CATASTROPHIC EVENT AFFECT THEM OR THEIR FAMILIES. THE FUND ALSO SUPPORTS UGIVE WHICH RECOGNIZES UNIVERSAL ORLANDO TEAM MEMBERS' VOLUNTEER EFFORTS BY AWARDING GRANTS TO QUALIFIED NONPROFIT ORGANIZATIONS. 237395 237395 COMPASSION FUND - THIS FUND FOCUSES ON ORGANIZATIONS THAT PROVIDE SERVICES FOR CHILDREN WITH LIFE-THREATENING ILLNESSES OR DISABILITIES. 410000 410000 BASIC NEEDS FUND: FOCUSES ON ORGANIZATIONS THAT PROVIDE BASIC SERVICES SUCH AS FOOD, CLOTHING, AND SHELTER. (EXPENSE: $200,000, GRANTS: $200,000)ARTS & CULTURE FUND: FOCUSES ON ORGANIZATIONS THAT PROVIDE ARTS AND CULTURAL PROGRAMS THROUGHOUT THE COMMUNITY. (EXPENSE: $115,000, GRANTS: $115,000)EDUCATION FUND: FOCUSES ON ORGANIZATIONS THAT ARE MAKING A DIFFERENCE IN EDUCATION YOUTH IN OUR COMMUNITY. (EXPENSE: $95,000, GRANTS: $95,000) 410000 410000 2983996 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 FL CA NJ NY X DIANE O'DELL 4072243729 1000 UNIVERSAL STUDIOS PLAZA ORLANDO FL 328197601 VALERIE READ SR. DIRECTOR 30.00 10.00 X 0 189554 34449 JOHN SPROULS PRESIDENT 1.00 X X 0 0 0 TRACEY STOCKWELL TREASURER 1.00 40.00 X X 0 905798 62416 JUDITH LUENGAS SECRETARY 1.00 40.00 X X 0 609480 50088 SANDRA CHEN ASSISTANT SECRETARY 1.00 40.00 X X 0 385433 44137 DAVE BARTEK DIRECTOR 1.00 X 0 0 0 CHARLIE GUNDACKER DIRECTOR 1.00 40.00 X 0 917705 52511 MICHAEL HANLEY DIRECTOR 1.00 X 0 0 0 SCOT LAFERTE DIRECTOR 1.00 40.00 X 0 837158 42398 PETER LATHAM DIRECTOR 1.00 X 0 0 0 CATHY ROTH DIRECTOR 1.00 40.00 X 0 1171325 55398 BRAD SINGH DIRECTOR 1.00 40.00 X 0 630445 54570 XIOMARA WILEY DIRECTOR 1.00 X 0 0 0 DIANE O'DELL EXECUTIVE DIRECTOR 15.00 25.00 X 0 293998 31710 0 5940896 427677 0 0 1 0 0 X 1201688 2604381 1208971 3806069 1097374 1201688 1029399 67975 67975 3874044 0 0 67975 2851928 2851928 86640 86640 45428 45428 18346 18346 1309 1309 22837 22837 FUNDRAISING EXPENSES 595543 595543 BAD DEBT EXPENSES 110881 110881 CREDIT CARD FEES 8924 8924 3741836 2983996 162297 595543 1388072 1211750 1686536 1712000 3074608 2923750 554394 303216 15000 233562 216674 802956 519890 X 452842 393917 1818810 2009943 2271652 2403860 3074608 2923750 132208 0 X 0 1 X 0 0 X 2813899 2632709 3458049 3608292 3806069 16319018 2813899 2632709 3458049 3608292 3806069 16319018 5326488 10992530 275580 741905 671529 1017944 1097374 3804332 20123350 0.54630 0.55960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO UNIVERSAL CITY DEVELOPMENT PARTNERS, LTD 216674 216674 X 5229895 326452 1029399 1355851 3874044 0 3874044 5097687 326452 1029399 1355851 3741836 0 3741836 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS A PUBLIC SUPPORTED ORGANIZATION AS DESCRIBED IN IRC SECTION 509(A)(1). THE FOUNDATION ANALYZES ITS INCOME TAX FILING POSITION IN THE FEDERAL JURISDICTION WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, FOR ALL OPEN TAX YEARS IN THE JURISDICTION, TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS. THE FOUNDATION HAS EVALUATED 2021 THROUGH 2024, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF DECEMBER 31, 2024, FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE FOUNDATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2024, AND IT IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL INCOME TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING REVENUE 1,029,399. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING REVENUE 1,029,399. CHARITY CLASSIC 674554 447508 227046 239270 FRIGHT TO REMEMBER 616074 122941 493133 311776 2 1008434 631239 377195 478353 2299062 1201688 1097374 1029399 1029399 67975 1 A GIFT FOR TEACHING INC 6501 MAGIC WAY 400C ORLANDO FL 32809 593515162 501(C)(3) 152500 0 UGIVE GRANT, 2024 BACKPACKS, FULL STEAM AHEAD: POWERING STUDENT SUCCESS BOY SCOUTS OF AMERICA - CENTRAL FLORIDA COUNCIL 1951 S ORANGE BLOSSOM TRAIL 102 APOPKA FL 32703 590624376 501(C)(3) 11750 0 UGIVE GRANT BOYS & GIRLS CLUBS OF CENTRAL FLORIDA 101 E COLONIAL DRIVE ORLANDO FL 32801 590951887 501(C)(3) 11500 0 UGIVE GRANT, 2024 YEAR-END OPERATING GRANT BREVARD HOMELESS COALTION 3000 MURRELL RD ROCKLEDGE FL 32955 471533071 501(C)(3) 100000 0 MOBILE HOPE BREVARD CAMP BOGGY CREEK 30500 BRANTLEY BRANCH RD EUSTIS FL 32736 593012889 501(C)(3) 63250 0 2024 YEAR-END OPERATING GRANT, SICKLE CELL FAMILY RETREAT WEEKEND CANINE COMPANIONS FOR INDEPENDENCE 8150 CLARCONA OCOEE RD ORLANDO FL 32818 942494324 501(C)(3) 103500 0 UGIVE GRANT, PILOT VETERAN PTSD SERVICE DOG PROGRAM CENTRAL FLORIDA COMMUNITY ARTS INC PO BOX 720517 ORLANDO FL 32872 452324172 501(C)(3) 39750 0 UGIVE GRANT, ARTS ACCESS PROGRAMS FOR VULNERABLE POPULATIONS: ARTS IN LITERACY, MUSIC THERAPY, SCHOOL OF ARTS AND HEALTH SCHOLARSHIPS, AND PROFESSIONAL DEVELOPMENT FOR TEACHING ARTISTS CHILDREN'S HOME SOCIETY OF FLORIDA 5768 S SEMORAN BLVD ORLANDO FL 32822 590192430 501(C)(3) 11000 0 2024 YEAR-END OPERATING GRANT CITY YEAR ORLANDO 3165 MCCRORY PL SUITE 122 ORLANDO FL 32803 222882549 501(C)(3) 385389 0 2024 YEAR-END OPERATING GRANT, MEMORIAL & ECCLESTON 2024-25 & 2025-26 COALITION FOR THE HOMELESS OF CENTRAL FLORIDA INC 18 N TERRY AVE ORLANDO FL 32801 592814255 501(C)(3) 11750 0 UGIVE GRANT, 2024 YEAR-END OPERATING GRANT DR PHILLIPS HIGH 6500 TURKEY LAKE RD ORLANDO FL 32819 GOV'T 35000 0 PROJECT IMPACT STUDENT LEARNING OF 2024-2025 FOUNDATION FOR ORANGE COUNTY PUBLIC SCHOOLS INC 445 W AMELIA ST SUITE 901 ORLANDO FL 32801 592788435 501(C)(3) 53565 0 2024 YEAR-END OPERATING GRANT, UGIVE GRANT, ART OF TOMORROW 2024-2025 FOUNDATION FOR SEMINOLE STATE COLLEGE OF FLORIDA INC 1055 AAA DRIVE HEATHROW FL 32746 237033822 501(C)(3) 10000 0 2024 YEAR-END OPERATING GRANT GARDEN THEATRE INC 160 W PLANT ST WINTER GARDEN FL 34787 272577059 501(C)(3) 7250 0 UGIVE GRANT GIVE KIDS THE WORLD 210 S BASS RD KISSIMMEE FL 34746 592654440 501(C)(3) 87750 0 2024 YEAR-END OPERATING GRANT, UGIVE GRANT, HEALTHY DINING PROGRAM HABITAT FOR HUMANITY OF GREATER ORLANDO AND OSCEOLA COUNTY INC 4116 SILVER STAR RD ORLANDO FL 32808 592789167 501(C)(3) 60700 0 UGIVE GRANT, 2024 YEAR-END OPERATING GRANT, HABITAT INSPECTS PROGRAM HARBOR HOUSE OF CENTRAL FLORIDA INC PO BOX 680748 ORLANDO FL 32868 591712936 501(C)(3) 132000 0 UGIVE GRANT, DOMESTIC VIOLENCE SURVIVOR SUPPORT & BASIC NEEDS, ONE SPACE FAMILY JUSTICE CENTER HOMELESS SERVICES NETWORK OF CENTRAL FLORIDA INC 142 E JACKSON STREET ORLANDO FL 32801 593213827 501(C)(3) 50000 0 2024 YEAR-END OPERATING GRANT, CENTRAL FLORIDA'S HOMELESS RESPONSE SYSTEM HOPE PARTNERSHIP 2420 OLD VINELAND ROAD KISSIMMEE FL 34746 800855060 501(C)(3) 50000 0 HOMELESS PREVENTION, DIVERSION AND SERVICES JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA INC 2121 CAMDEN RD ORLANDO FL 32803 590972112 501(C)(3) 10000 0 2024 YEAR-END OPERATING GRANT LGBT CENTER ORLANDO INC 946 N MILLS AVE ORLANDO FL 32803 591884445 501(C)(3) 153000 0 MULTI YEAR LOVE IS UNIVERSAL PROCEEDS AND UGIVE GRANT LIFE CONCEPTS INC DBA QUEST INC 4910 CLARCONA OCOEE RD ORLANDO FL 32810 592013160 501(C)(3) 10000 0 2024 YEAR-END OPERATING GRANT LIGHTHOUSE CENTRAL FLORIDA INC 215 E NEW HAMPSHIRE ST ORLANDO FL 32804 592418228 501(C)(3) 100000 0 EXPERIENTIAL LEARNING AND COMMUNITY INCLUSION FOR BLIND OR VISUALLY IMPAIRED YOUTH MAKE-A-WISH CENTRAL AND NORTHERN FLORIDA 850 CONCOURSE PKWY S 150 MAITLAND FL 32751 593235806 501(C)(3) 12250 0 UGIVE GRANT, 2024 YEAR-END OPERATING GRANT OCA OPPORTUNITY COMMUNITY ABILITY INC 5165 ADANSON ST ORLANDO FL 32804 264366486 501(C)(3) 41000 0 OCA CURRICULUM DEVELOPMENT EXPANSION ORLANDO AFTER-SCHOOL ALL-STARS INC 400 S ORANGE AVE ORLANDO FL 32801 593313614 501(C)(3) 100000 0 ALL STARS CHEF ACADEMY ORLANDO FAMILY STAGE INC 1001 E PRINCETON ST ORLANDO FL 32803 591056385 501(C)(3) 11750 0 UGIVE GRANT, 2024 YEAR-END OPERATING GRANT ORLANDO PHILHARMONIC ORCHESTRA 425 N BUMBY AVE ORLANDO FL 32803 593058884 501(C)(3) 35000 0 2024 YEAR-END OPERATING GRANT, JURASSIC PARK FILM WITH ORCHESTRA ORLANDO SCIENCE CENTER INC 777 E PRINCETON ST ORLANDO FL 32803 590896343 501(C)(3) 45000 0 2024 YEAR-END OPERATING GRANT, OSC STEM AFTERSCHOOL OUTREACH ORLANDO SHAKESPEARE THEATER INC 812 E ROLLINS ST ORLANDO FL 32803 592931698 501(C)(3) 25000 0 STUART LITTLE PER SCHOLAS 201 S ORANGE AVE SUITE 640 ORLANDO FL 32801 043252955 501(C)(3) 30000 0 PER SCHOLAS ORLANDO IT JOB TRAINING FOR YOUNG ADULTS PET ALLIANCE OF GREATER ORLANDO INC 777 W CENTRAL BOULEVARD ORLANDO FL 32805 590637883 501(C)(3) 6250 0 UGIVE GRANT RESCUE OUTREACH MISSION OF CENTRAL FLORIDA INC 1701 HISTORIC GOLDSBORO BLVD SANFORD FL 32771 592876415 501(C)(3) 30000 0 WOMEN & FAMILY CENTER ROSEN AQUATIC AND FITNESS CENTER INC 8422 INTERNATIONAL DR ORLANDO FL 32819 851859307 501(C)(3) 10000 0 2024 YEAR-END OPERATING GRANT SECOND HARVEST FOOD BANK OF CENTRAL FLORIDA INC 411 MERCY DRIVE ORLANDO FL 32805 592142315 501(C)(3) 258750 0 PROCEEDS FROM CHARITY DOUGHNUT AT VOODOO DOUGHNUTS, UGIVE GRANT, BITES, CAMERA, ACTION 2025 SHEPHERD'S HOPE INC 455 9TH STREET WINTER GARDEN FL 34787 593420727 501(C)(3) 10000 0 2024 YEAR-END OPERATING GRANT SPECIAL OLYMPICS FLORIDA INC 1915 DON WICKHAM DR CLERMONT FL 34711 237181560 501(C)(3) 150750 0 UGIVE GRANT, SPECIAL OLYMPICS FLORIDA - COACH RECRUITMENT AND RETENTION, SPECIAL OLYMPICS FLORIDA FAMILY ENGAGEMENT PROGRAM UNITED ARTS OF CENTRAL FLORIDA INC 3025 EDGEWATER DR ORLANDO FL 32804 591166446 501(C)(3) 40000 0 2024 YEAR-END OPERATING GRANT, YOUTH DEVELOPMENT AND MENTAL HEALTH RESILIENCY THROUGH ARTS ENGAGEMENT UNITED CEREBRAL PALSY OF CENTRAL FLORIDA INC 4780 DATA COURT ORLANDO FL 32817 590799925 501(C)(3) 46395 0 2024 YEAR-END OPERATING GRANT, SUMMER LEARNING UNIVERSITY OF CENTRAL FLORIDA FOUNDATION INC 12424 RESEARCH PKWY 250 ORLANDO FL 32826 596211832 501(C)(3) 11000 0 UGIVE GRANT, 2024 YEAR-END OPERATING GRANT VALENCIA COLLEGE FOUNDATION INC 1768 PARK CENTER DR 5TH FLOOR ORLANDO FL 32835 237442785 501(C)(3) 125839 0 UGIVE GRANT, 2024 YEAR-END OPERATING GRANT, VALENCIA COLLEGE VCENTIALS SUPPORT 2025, ART OF TOMORROW YEAR 3 OF 4 ZEBRA YOUTH INC 911 N MILLS AVE ORLANDO FL 32803 271645847 501(C)(3) 164000 0 UGIVE GRANT, 2024 YEAR-END OPERATING GRANT, 2023 & 2024 LOVE IS UNIVERSAL PROCEEDS 42 0 FINANCIAL ASSISTANCE THROUGH THE TEAM MEMBER CRISIS ASSISTANCE PROGRAM TO UNIVERSAL ORLANDO TEAM MEMBERS WHO HAVE HAD A CATASTROPHIC EVENT AFFECT THEM OR THEIR FAMILIES. 101 86640 PART I, LINE 2: ANNUALLY, THE ORGANIZATION REQUIRES THE GRANTEE RECIPIENTS TO REPORT ON HOW THE GRANT FUNDS ARE USED WHEN AWARDED FROM THE GENERAL, ARTS & CULTURAL, BASIC NEEDS, COMPASSION AND EDUCATION FUNDS. 0 0 1 0 0 0 0 0 0 CATHY ROTH DIRECTOR 0 554195 0 278601 0 338529 0 30500 0 24898 0 1226723 0 0 CHARLIE GUNDACKER DIRECTOR 0 497054 0 275013 0 145638 0 30500 0 22011 0 970216 0 0 TRACEY STOCKWELL TREASURER 0 531697 0 216928 0 157173 0 30500 0 31916 0 968214 0 0 SCOT LAFERTE DIRECTOR 0 440392 0 172192 0 224574 0 30500 0 11898 0 879556 0 0 BRAD SINGH DIRECTOR 0 416503 0 132078 0 81864 0 23000 0 31570 0 685015 0 0 JUDITH LUENGAS SECRETARY 0 417854 0 140035 0 51591 0 30500 0 19588 0 659568 0 0 SANDRA CHEN ASSISTANT SECRETARY 0 285052 0 79607 0 20774 0 25075 0 19062 0 429570 0 0 DIANE O'DELL EXECUTIVE DIRECTOR 0 217586 0 55480 0 20932 0 10328 0 21382 0 325708 0 0 VALERIE READ SR. DIRECTOR 0 160114 0 28616 0 824 0 6122 0 28327 0 224003 0 0 PART I, LINE 4C THE FOLLOWING EMPLOYEES' COMPENSATION PACKAGES FROM UNIVERSAL CITY DEVELOPMENT PARTNERS PROVIDED FOR RESTRICTED STOCK UNITS THAT GIVE THE EMPLOYEES THE RIGHT TO RECEIVE COMCAST CORPORATION CLASS A COMMON STOCK. THIS IS AN EQUITY BASED COMPENSATION ARRANGEMENT FOR PURPOSES OF 4C: -GUNDACKER $141,652.12 -STOCKWELL $143,557.08 -CHEN $20,663.80 -LAFERTE $103,092.12 -LUENGAS $51,590.56 -SINGH $55,906.41 -O'DELL $20,663.80 THE FOLLOWING EMPLOYEES' COMPENSATION PACKAGES FROM UNIVERSAL CITY DEVELOPMENT PARTNERS PROVIDES THE ABILITY TO PARTICIPATE IN AN EMPLOYEE STOCK PURCHASE PLAN, WHERE THE EMPLOYEE IS ALLOWED TO BUY COMCAST CORPORATION CLASS A COMMON STOCK USING AFTER-TAX PAYROLL DEDUCTIONS AT A DISCOUNT. THIS IS AN EQUITY BASED COMPENSATION ARRANGEMENT FOR PURPOSES OF 4C. -GUNDACKER $3,841.72 -STOCKWELL $3,718.43 -LAFERTE $4,055.89 -SINGH $3,722.24 -ROTH $3,722.24 -READ $375.44 X TICKETS 10 966307 FMV X FOOD & BEV. 26 237608 FMV X MISCELLANEOUS 4 5056 FMV 0 0 0 0 PART I, COLUMN (B): USING A COMBINATION OF THE TWO METHODS ABOVE FORM 990, PART VI, SECTION A, LINE 2 JOHN SPROULS, TRACEY STOCKWELL, CATHY ROTH AND JUDITH LUENGAS ARE OFFICERS OF THE SAME RELATED ORGANIZATION, UNIVERSAL CITY DEVELOPMENT PARTNERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE EMAILED TO EACH BOARD MEMBER AND THE FOUNDATION'S EXECUTIVE DIRECTOR PRIOR TO BEING FILED WITH THE IRS. A BOARD RESOLUTION IS NOT REQUIRED IN ORDER FOR THE FORM 990 TO BE FILED. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON MUST DISCLOSE EXISTENCE OF A FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEE WITH POWERS DELEGATED BY THE BOARD OF DIRECTORS. AFTER THE DISCLOSURE, THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD OR APPLICABLE COMMITTEE DISCOVERS THE ALLEGED FAILURE TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND/OR CORRECTIVE ACTION. A VOTING MEMBER OF THE BOARD OF DIRECTORS OR OF ANY COMMITTEE WHO RECEIVES COMPENSATION FROM THE ORGANIZATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THE MEMBERS' COMPENSATION. THE ORGANIZATION HAS AN OFFICIAL POLICY THAT INCLUDES A STATEMENT THAT IS TO BE SIGNED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH BY IRC SECTION 6104(D). FORM 990, PART VIII, LINE 8C: THE PRESENTATION OF NET INCOME FROM FUNDRAISING EVENTS IS OFTEN MISLEADING. THE CALCULATION ON LINE 8 SEPARATES OUT THE INCOME RECEIVED FROM CHARITABLE CONTRIBUTIONS, LEAVING ONLY THE DIRECT INCOME FROM TICKET REVENUE, REGISTRATION FEES, AND THE LIKE. AS A RESULT, THE NET INCOME REPORTED ON LINE 8C MAY REPORT A LOSS. HOWEVER, THE GROSS RECEIPTS SHOULD BE VIEWED IN ITS ENTIRETY, WHICH INCLUDE THE CHARITABLE CONTRIBUTION PORTION REPORTED SEPARATELY ON LINE 1C. IN THE CURRENT YEAR, THE TOTAL GROSS RECEIPTS FROM FUNDRAISING EVENTS WAS $2,299,062 ($1,201,688 CONTRIBUTIONS PLUS $1,097,374 DIRECT EVENT REVENUE). WERE THE CONTRIBUTIONS NOT SEPARATELY REPORTED, THE TOTAL NET INCOME FROM FUNDRAISING EVENTS WAS $1,269,663. FORM 990, PART IX, LINES 1 & 20: VALUATION OF MULTI-YEAR GRANTS ARE PROVIDED FOR IN ASC 958-605-30-4 AND 30-5. IT REQUIRES MEASUREMENT AT FAIR VALUE AT THE DATE THE PROMISE IS MADE, DISCOUNTED TO PRESENT VALUE IF THE PLEDGE IS DUE IN FUTURE YEARS. THE INTEREST EXPENSE $22,837 RELATES TO THE MULTI-PLEDGES PAID TO CITY YEAR ORLANDO, FOUNDATION FOR OCPS ART OF TOMORROW AND VALENCIA FOUNDATION ART OF TOMORROW. WHILE FOR FINANCIAL STATEMENT PURPOSES THE TOTAL GRANT IS SPLIT BETWEEN INTEREST EXPENSE AND GRANT, THE GRANT RECIPIENT STILL RECEIVES THE FULL VALUE OF THE FUNDS. UNIVERSAL CITY DEVELOPMENT PARTNERS 1000 UNIVERSAL STUDIOS PLAZA ORLANDO FL 32819 593128514 THEME PARK OPERATIONS FL 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0