2025-05-07T10:01:26-05:00 2024-06-30 346565596 ERNST & YOUNG US LLP 2100 ONE PPG PLACE PITTSBURGH PA 15222 990 2023-07-01 311076169 UNIVERSITY OF LOUISVILLE TRUST UNIV 4124488772 500 FIRST AVE P7-PFSC-03-Z PITTSBURGH PA 15219 PNC BANK N A TAX MANAGER 4124488772 2025-05-06 true true JASON BELOT P00183464 3302555814 2025-05-06 2023 2025-03-06 01:10:19Z X TINA SPAGNOLO 500 First Ave P7-PFSC-03-Z PITTSBURGH PA 15219 11900624 false X N/A X 1983 KY SUPPORT OF EDUCATIONAL PROGRAMS AND SERVICES AT THE UNIVERSITY OF LOUISVILLE 1 0 0 0 0 228251 308800 0 1358084 1874654 0 1586335 2183454 1311797 1332633 0 151758 163641 0 0 11090 35788 1474645 1532062 111690 651392 25726290 26383290 0 0 25726290 26383290 SUPPORT OF EDUCATIONAL PROGRAMS AND SERVICES AT THE UNIVERSITY OF LOUISVILLE false false 1365361 1332633 TO PROMOTE AND ENHANCE ACADEMIC EXCELLENCE OF UNIVERSITY OF LOUISVILLE AND QUALITY OF SUPPORTING PROGRAMS BY OPERATING EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, EDUC. PURPOSES PER 501(C)(3). 1365361 true true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 true 0 false false false false false false false false false false false false false X 1 0 false false false false false false false false false false false true true true true false true false false false X PNC BANK NA TRUSTEE 4124488772 500 First Ave P7-PFSC-03-Z PITTSBURGH PA 15219 PNC BANK NA TRUSTEE 33.0 0.0 X 163642 0 0 163642 0 0 1 false false false 308800 308800 661203 661203 10930621 9717170 1213451 1213451 1213451 2183454 1874654 1332633 1332633 163641 32728 130913 18645 18645 FOREIGN TAXES WITHHELD 14273 14273 ADR FEES 2870 2870 1532062 1365361 166701 0 1401255 1338876 24325035 25044414 25726290 26383290 0 0 X 25726290 26383290 25726290 26383290 25726290 26383290 X 651392 5608 X false false false X X 1 UNIVERSITY OF LOUISVILLE 237078461 2 true 1332633 0 1 1332633 0 true false false false false false false false false false false false false false false true false true X true true 0 0 0 0 0 0 Sch A Part IV Sec E line 1c The purpose of this trust is to promote and enhance the academic excellence of the University of Louisville and the quality of the universitys supporting programs by creating a source of private funds, independent of the University and Commonwealth of Kentucky to carry out these objectives by holding restricted assets for the benefit of the University and its programs. Sch A Part IV Sec E line 1c By managing the funds of these restricted assets the trust is engaged in activities that substantially further the exempt purposes of the supported organization which is also a governmental unit Sch A Part IV Sec D lines 2 and 3 Through a Memorandum of Understanding between the University of Louisville and the University of Louisville Foundation, the Foundation has been designated to receive and steward philanthropic gifts and support for the benefit of the University. Thus, funds are distributed from these two trusts to the foundation instead of directly to the university. Sch A Part IV Sec D lines 2 and 3 cont. The agreement called for an investment committee that required certain members of the university to serve on the committee. Under the conversion to unitrust/modification of trust agreement it was agreed by the university and trustee that this requirement would be removed and instead it would require PNC to have sole investment powers but require them to meet with the Sch A Part IV Sec D lines 2 and 3 cont. Foundation investment committee at least annually to conduct an investment review and allow the foundation to provide relevant information regarding the Universities needs in developing the investment policies. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true UNIVERSITY OF LOUISVILLE 580 S PRESTON STREET LOUISVILLE KY 40202 237078461 501(c)(3) 1332633 FMV TO PROMOTE AND ENHANCE ACADEMIC EXCELLENCE OF UNIVERSITY OF LOUISVILLE AND QUALITY OF SUPPORTING PROGRAMS BY OPERATING EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, EDUC PURPOSES EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 THE UNIVERSITY OF LOUISVILLE TRUST IS A TRUST FUND THAT DISBURSES FUNDS ONLY TO QUALIFYING CHARITABLE ORGANIZATIONS AS DIRECTED BY THE TRUST'S GOVERNING INSTRUMENT TO BE USED ONLY IN ACCORDANCE WITH THE GOVERNING INSTRUMENT. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a UNIV OF LOUISVILLE TRUST IS A TRUST FUND AND HAS NO WRITTEN POLICY REGARDING DOCUMENTATION OF MEETINGS AND WRITTEN ACTIONS OF ITS GOVERNING BODY AND COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b UNIV OF LOUISVILLE TRUST IS A TRUST FUND AND HAS NO WRITTEN POLICY REGARDING DOCUMENTATION OF MEETINGS AND WRITTEN ACTIONS OF ITS GOVERNING BODY AND COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW PNC BANK AS SOLE TRUSTEE OF THE TRUST PREPARES THE TAX RETURNS FOR THIS TRUST, THUS FORM 990 IS PREPARED BY THE GOVERNING BODY. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c THE CONFLICT OF INTEREST POLICY OF PNC CHARITABLE TRUST REQUIRES AN ANNUAL AFFIRMATION THAT IT HAS BEEN RECEIVED, READ, UNDERSTOOD, AND AGREED TO BE COMPLIED WITH. IN ADDITION, THE POLICY REQUIRES AN ANNUAL DISCLOSURE OF THE EXISTENCE AND NATURE OF ANY AFFILIATION IN WHICH A PARTY WOULD BE CONSIDERED AN INTERESTED PERSON UNDER THE POLICY. FORM 990, PAGE 6, PART VI, LINE 18 FORM 990 AND RELATED FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 19 FORM 990 AND RELATED FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH REQUEST EXPLANATION FOR FORM 990, PART XI, LINE 9 Cost Basis Adjustment ($2,245.09); 2023 Transaction Posted in 2024 ($27,553.01); 2023 Sales Posted in 2024 $10,831.61; 2022 Transaction Posted in 2023 $21,791.59; 2022 Sales Posted in 2023 $3,260.77; Wash Sales ($463.37); Adjustment to Income ($14.50) UNIVERSITY OF LOUISVILLE 580 S PRESTON STREET LOUISVILLE KY 40202 237078461 SCHOOL KY 501(c)(3) LINE 2 N/A false false true true false false false false false false false false false false false false false false false false UNIVERSITY OF LOUISVILLE b 1332633 FMV UNIVERSITY OF LOUISVILLE c 308800 FMV