2025-11-11T09:57:43-06:00 2025-06-30 331498605 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2024-07-01 846049811 UNIVERSITY OF COLORADO FOUNDATION UNIV 3038137935 1800 GRANT STREET SUITE 725 DENVER CO 80203 JACK FINLAW PRESIDENT & CEO 3038137935 2025-11-11 1 1 DORI J EGGETT P00645252 3037409400 2025-11-05 2024 2025-03-06 01:10:19Z JACK FINLAW 1800 GRANT STREET SUITE 725 DENVER CO 80203 456087334 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 27 18 2654511 692299 224143162 301813626 6890291 7102896 110020921 142884136 1136125 4286676 342190499 456087334 219413631 230728441 0 0 3976249 3937527 878437 1001523 38398615 57539562 58833643 281807879 294501134 60382620 161586200 3233557618 3549699710 642318666 680794933 2591238952 2868904777 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 230728441 230728441 8735061 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 $301,813,626 IN DIRECT PUBLIC SUPPORT OF THE UNIVERSITY FOR THE FISCAL YEAR ENDED JUNE 30, 2025. IN ADDITION, AS OF JUNE 30, 2025 THE FOUNDATION INVESTED, ACCOUNTED FOR, AND MANAGED $2,471,698,810 IN NET ASSETS FOR THE BENEFIT OF THE UNIVERSITY. THE FOUNDATION DIRECTLY APPLIED AND DISTRIBUTED MONIES TO UNIVERSITY OF COLORADO IN THE AMOUNT OF $252,112,492. 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. 230728441 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 27 0 1 27 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 489971 0 36093 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 UNIVERSITY 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 LISA KETTERING DIRECTOR 1.00 X 0 0 0 SCOTT KINGDOM DIRECTOR 1.00 X 0 0 0 PATTY IMHOFF DIRECTOR 1.00 X 0 0 0 BECKY L MEDVED 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 SALLY HYBL DIRECTOR 1.00 X 0 0 0 VANCE KNAPP DIRECTOR 1.00 X 0 0 0 PAULA SANDOVAL DIRECTOR 1.00 X 0 0 0 MARY SULLIVAN DIRECTOR 1.00 X 0 0 0 DAVID TRYBA DIRECTOR 1.00 X 0 0 0 A KELLER YOUNG ESQ SVP, GENERAL COUNSEL, CAO 40.00 X 326258 0 41147 CHARLENE LAUS VP & CFO 40.00 X 312152 0 27615 LYNNEA HUTTON VP, PEOPLE & CULTURE 40.00 X 216231 0 34617 ELIZABETH SAYER CONTROLLER 40.00 X 172034 0 19125 SHANNON KNAPP DIRECTOR, GIFT SERVICES - TERM ENDED 11/22/24 40.00 X 142209 0 20424 SASKIA SAWYER AVP GIFT SERVICES - TERM END 6/14/24 40.00 X 144116 0 15264 1802971 0 194285 7 0 1 0 CERITY PARTNERS OCIO 7979 E TUFTS AVE SUITE 700 DENVER CO 80237 INVESTMENT MANAGER 5512515 FOUNDERS FUND ONE LETTERMAN DRIVE BUILDING D 5T SAN FRANCISCO CA 94129 INVESTMENT MANAGER 2991754 PEAKSPAN 192 LEXINGTON AVE 16TH FL NEW YORK NY 10016 INVESTMENT MANAGER 1617025 CHARLESBANK 200 CLARENDON ST 54TH FLOOR BOSTON MA 02116 INVESTMENT MANAGER 1244820 TEMBO CAPITAL MANAGEMENT 7-9 SWALLOW ST LONDON UK W1B 4DE INVESTMENT MANAGER 1158633 39 301813626 46377218 301813626 ADV SUPP CUSTODIAL FDS 611710 7102896 7102896 7102896 28539229 28539229 114344907 0 114344907 114344907 114344907 UBIT REVENUE 523000 2654511 2654511 CU ENDOWMENT TRANSFERS 900099 738401 738401 DUES REVENUE 611710 465791 465791 427973 427973 4286676 456087334 8735061 2654511 142884136 X 230728441 230728441 1997257 1997257 1477311 1477311 73566 73566 145295 145295 244098 244098 39906 39906 251622 251622 1001523 1001523 19279104 19279104 37570699 173607 37397092 279313 279313 325924 325924 147394 147394 40258 40258 145013 145013 116982 116982 240371 240371 ENTERTAINMENT 187167 187167 PROFESSIONAL DEVELOPMEN 169985 169985 DUES/MEMBERSHIPS/SUBSCR 8691 8691 RECRUITING FEES 1182 1182 30032 30032 294501134 230728441 25374078 38398615 3 84071999 159101757 142374488 142365216 231031 23271 928344 413287 9292300 4630130 1063345 4662170 751625638 824321238 2210366350 2378582157 42896420 40230614 3233557618 3549699710 13506082 8433660 193028 30273 608911357 652917414 19708199 19413586 642318666 680794933 X 58053674 82447969 2533185278 2786456808 2591238952 2868904777 3233557618 3549699710 X 161586200 122927894 -6848269 X 0 1 X 1 0 X 262612492 192888529 306188355 224143162 301813626 1287646164 262612492 192888529 306188355 224143162 301813626 1287646164 170825898 1116820266 46050675 62545151 28545175 30087549 28539229 195767779 477799 232625 1926092 661459 1632165 4930140 1488344083 13787839 0.75040 0.77790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 477,799. 2021 AMOUNT: $ 232,625. 2022 AMOUNT: $ 1,926,092. 2023 AMOUNT: $ 661,459. 2024 AMOUNT: $ 1,632,165. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 236823415 236823415 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 0 1 X 1986863145 103786559 108851360 -1445625 2200946689 1841974375 67913606 78479756 1504592 1986863145 1727979591 61438723 52715110 159049 1841974375 1849671600 80029082 -127751141 73969950 1727979591 1317135836 103907709 485340949 56712894 1849671600 0.01099 0.45966 0.52935 1 0 32078 32078 5628898 1045999 4582899 379063 379063 0 661540 614347 47193 2590721 2590721 0 4662170 DOMESTIC EQUITIES 49500000 F FIXED INCOME 221933085 F REAL ESTATE 139054840 F PRIVATE EQUITY 631444927 F ABSOLUTE RETURNS FUNDS 321794890 F VENTURE CAPITAL 371791015 F COMMODITIES 44726449 F OTHER 1908997 F COMINGLED EQUITY SECURITIES 596427954 F 2378582157 FUNDS HELD IN TRUST FOR OTHERS 2276064 LIABILITIES UNDER SPLIT INTEREST 17137522 19413586 560673848 122927894 3592235 126520129 434153719 19279104 2654511 21933615 456087334 275222030 0 275222030 19279104 19279104 294501134 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 3,592,235. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNRELATED BUSINESS INCOME 2,654,511. 1 CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS 343778109 WESTERN EUROPE - INVESTMENTS 59768974 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES INVESTMENTS 337079272 0 0 0 0 0 0 740626355 0 740626355 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 244694 1001523 -756829 244694 1001523 -756829 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) 228961654 0 SEE PART IV UNIVERSITY OF COLORADO HOSPITAL FOUNDATION 2400 S PEORIA ST STE 100 AURORA CO 80014 208575263 501(C)(3) 1630471 0 PUBLIC SERVICE, MEDICAL OUTREACH 2 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 - $101,930,467 ATHLETICS - $3,522,182 CAPITAL PROJECTS - $9,455,348 PROFESSORSHIP CHAIRS - $30,632,240 PUBLIC SERVICE, ADMINISTRATION, LIBRARY - $9,021,139 RESEARCH - $28,616,426 SCHOLARSHIPS & FINANCIAL AID - $43,236,597 X X X X X 1 0 0 0 0 0 0 0 0 JACK FINLAW PRESIDENT & CEO 445681 0 44290 0 0 0 20700 0 15393 0 526064 0 0 0 A KELLER YOUNG ESQ SVP, GENERAL COUNSEL, CAO 296487 0 29771 0 0 0 19896 0 21251 0 367405 0 0 0 CHARLENE LAUS VP & CFO 284152 0 28000 0 0 0 18713 0 8902 0 339767 0 0 0 LYNNEA HUTTON VP, PEOPLE & CULTURE 193231 0 23000 0 0 0 13463 0 21154 0 250848 0 0 0 ELIZABETH SAYER CONTROLLER 156465 0 15569 0 0 0 10405 0 8720 0 191159 0 0 0 SHANNON KNAPP DIRECTOR, GIFT SERVICES - TERM ENDED 130287 0 11922 0 0 0 8489 0 11935 0 162633 0 0 0 SASKIA SAWYER AVP GIFT SERVICES - TERM END 6/14/24 102295 0 0 0 41821 0 6356 0 8908 0 159380 0 0 0 PART I, LINE 4A SASKIA SAWYER - $41,821 X 122 46377218 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 173,607. FUNDRAISING EXPENSES 37,397,092. TOTAL EXPENSES 37,570,699. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 3,592,235. UNRELATED BUSINESS (INCOME)/LOSS -2,654,511. WRITE-OFF OF UNCOLLECTIBLE CONTRIBUTIONS RECEIVABLE -7,785,993. 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