2025-05-13T11:48:17+00:00 2024-06-30 346565596 Ernst & Young US LLP 155 N Wacker Drive Chicago IL 60606 990 2023-07-01 200317170 The KU Endowment Charitable Gift Fund KUEN 7858327400 PO Box 928 Lawrence KS 660440928 James G Clarke Treasurer 7858327400 2025-05-13 true COLLIN K ROHS P01895688 3128792000 2025-05-13 2023 2025-03-06 01:10:19Z Daniel J Martin PO Box 928 Lawrence KS 660440928 297992 false X N/A X 2003 KS To support the charitable organizations specified in Schedule A, Part I 3 3 0 3 0 0 0 0 0 0 216011 297992 0 0 216011 297992 500000 0 0 0 0 0 0 0 5984 3012 505984 3012 -289973 294980 6338236 6796407 8209 10181 6330027 6786226 To strengthen the University and communities that have touched the lives of KU alumni and friends, the mission of The KU Endowment Charitable Gift Fund is to receive and administer gifts and bequests to further the charitable objectives of the Kansas University Endowment Association and a number of community foundations across the country. false false 0 0 0 The KU Endowment Charitable Gift Fund makes it possible for a donor to support other charities (as listed on Schedule A) while at least 25% of their charitable gifts further the mission of the University of Kansas. A donor can establish a charitable remainder unitrust or a donor advised fund where other 501(c)(3) charities may be benefited in addition to the Kansas University Endowment Association. 0 true false false false true 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 true true false false false true 0 0 0 false false false false false false false false false false false false false false false X 3 3 false false false false true true true true true false false true true true true true true false false false X James Clarke Treasurer 7858327400 1891 Constant Avenue Lawrence KS 660473743 KURT D WATSON CHAIR (VOLUNTEER) 0.1 4.0 X 0 0 0 LINDA ELLIS SIMS SECRETARY (VOLUNTEER) 0.1 0 X 0 0 0 ROBERT D TAYLOR VICE CHAIR ((VOLUNTEER) 0.1 0 X 0 0 0 DANIEL J MARTIN PRESIDENT 0.1 40.0 X 0 487016 93513 JAMES G CLARKE TREASURER 0.1 40.0 X 0 747994 142399 NANCY JACKSON Senior VP for Development (starting Nov '23) 0.1 40.0 X 0 196877 56174 STACY D NUSS ASSISTANT SECRETARY 0.1 40.0 X 0 337923 140537 D JEROME DAVIES FORMER OFFICER 0.0 40.0 X 0 185571 29462 0 1955381 462085 0 false true false 0 0 0 0 0 0 0 297992 297992 0 0 0 0 0 0 0 0 0 297992 0 0 297992 0 0 500 500 2472 2472 0 0 0 0 Annual Report Fee 40 40 0 0 0 0 3012 0 3012 0 69797 90376 104044 109079 0 0 0 0 0 0 0 0 0 0 6164395 6596952 0 0 0 0 6338236 6796407 8209 10181 0 0 0 0 8209 10181 X -7812 -9824 6337839 6796050 6330027 6786226 6338236 6796407 294980 161219 0 X false false false X X 37 The Kansas University Endowment Association 480547734 5 true 0 0 The Arizona Community Foundation 860348306 7 true 0 0 Community Foundation for Southern Arizona 942681765 7 true 0 0 California Community Foundation 953510055 7 true 0 0 Orange County Community Foundation 330378778 7 true 0 0 The San Diego Foundation 952942582 7 true 0 0 Silicon Valley Community Foundation 205205488 7 true 0 0 East Bay Community Foundation 946070996 8 true 0 0 Marin Community Foundation 943007979 8 true 0 0 San Francisco Foundation 010679337 7 true 0 0 The Community Foundation Serving Boulder County 841171836 8 true 0 0 The Denver Foundation 846048381 7 true 0 0 Rose Community Foundation 840920862 7 true 0 0 Greater Washington Community Foundation 237343119 7 true 0 0 St Louis Community Foundation 436023126 7 true 0 0 New York Community Trust 133062214 8 true 0 0 Tulsa Community Foundation 731554474 7 true 0 0 Communities Foundation of Texas Inc 750964565 7 true 0 0 Community Foundation of North Texas 752267767 7 true 0 0 The Dallas Foundation 752890371 7 true 0 0 Greater Houston Community Foundation 237160400 7 true 0 0 The Greater Tacoma Community Foundation 911007459 7 true 0 0 The Seattle Foundation 916013536 7 true 0 0 The Greater Kansas City Community Foundation & Affiliates 431152398 8 true 0 0 Jewish Community Foundation of Greater Kansas City 436049281 7 true 0 0 Truman Heartland Community Foundation 431482136 7 true 0 0 The Community Foundation of Dickinson County Inc 481214850 7 true 0 0 Central Kansas Community Foundation 481221368 7 true 0 0 Community Foundation of Southwest Kansas 481117413 8 true 0 0 Douglas County Community Foundation 481209687 8 true 0 0 The Greater Salina Community Foundation 481215503 7 true 0 0 Hutchinson Community Foundation 481076910 7 true 0 0 Greater Manhattan Community Foundation 481215574 7 true 0 0 South Central Community Foundation 481156704 7 true 0 0 Topeka Community Foundation 480972106 8 true 0 0 Western Kansas Community Foundation 481184667 7 true 0 0 Wichita Foundation 481022361 8 true 0 0 37 0 0 true false false false false false false false false false false false false false false true false 1 0 0 6796050 true true false true false false false false false false false D JEROME DAVIES FORMER OFFICER 0 185571 0 0 0 0 0 20291 0 9171 0 215033 0 0 JAMES G CLARKE TREASURER 0 395207 0 352787 0 0 0 141608 0 791 0 890393 0 0 STACY D NUSS ASSISTANT SECRETARY 0 224696 0 113227 0 0 0 139867 0 670 0 478460 0 0 DANIEL J MARTIN PRESIDENT 0 487016 0 0 0 0 0 76888 0 16625 0 580529 0 0 NANCY JACKSON Senior VP for Development (starting Nov '23) 0 196877 0 0 0 0 0 51609 0 4565 0 253051 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The Nonqualified Retirement Plan for Employees of the related organization, Kansas University Endowment Association (the "Nonqualified Plan'), is a supplemental nonqualified retirement plan described in Internal Revenue Code section 457(f) that provides benefits in excess of the limits imposed by Internal Revenue Code sections 401(a)(17) and 415 under The Kansas University Endowment Association's qualified retirement plan. A participant's Nonqualified Plan benefit vests on the participant's attainment of age 65, and the benefit is paid in a lump sum within 60 days following the participant's termination of employment. During the year, two executive officers and one highest compensated employee participated in the Nonqualified Plan and had deferred benefits reported in Sch. J, Part II, column C in the amounts of $16,917 for Daniel J. Martin, $100,424 for James G. Clarke, and $5,463 for Stacy D. Nuss. Schedule J, Part I, Line 3 Compensation paid by related organization See Schedule O statement for Part VI, Section B, Line 15, for discussion of compensation of the organization's officers by a related organization. Form 990, Part VI, Line 15 Compensation The directors of the KU Endowment Charitable Gift Fund (The "Fund") serve in a voluntary capacity and receive no compensation. The fund currently has no paid employees; however, its officers are also officers of, and receive compensation from, The Kansas University Endowment Association ("KU Endowment"). The bylaws of the fund outline the following policy, which would apply if any compensation were to be paid in the future: officers and employees of the fund shall receive reasonable and necessary salaries for their services. Such salaries shall be determined by the compensation committee and be confirmed by the board. The board may adjust salaries determined by the compensation committee whenever, in its judgment, the best interests of the fund would be served thereby. The compensation committee must consist of individuals who (I) do not have a conflict of interest with respect to compensation arrangements or transactions; (II) have obtained and relied upon appropriate data as to comparability prior to making any determination, and (III) adequately document the basis for committee decisions concurrently with making determinations. The committee is directed to act in a manner that will avoid the intermediate sanctions provisions of the Internal Revenue Code. Form 990, Part VI, Line 6 Classes of members or stockholders The Kansas University Endowment Association, a Kansas not-for-profit corporation, is the only voting member. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The Kansas University Endowment Association, as the sole voting member, reserves the power to elect or remove directors. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Any of the following actions to be taken by the board of directors of The KU Endowment Charitable Gift Fund (the "Fund") shall be subject to the approval of the member: (A) election or removal of directors; (B) amendment of the articles of incorporation; (C) amendment of the bylaws; (D) liquidation or dissolution of the fund, or disposition of all, or substantially all, of the assets of the fund, or any merger of the fund into or with another corporation. Form 990, Part VI, Line 11b Review of form 990 by governing body Upon completion of review by an external tax preparer, a draft copy of Form 990 is provided to the directors and officers to review and recommend revisions. Any such recommendations are provided in time to make the necessary revisions before transmitting the return to the internal revenue service. Form 990, Part VI, Line 12c Conflict of interest policy The directors and officers of The KU Endowment Charitable Gift Fund (the "Fund") are also trustees of the supported organization, The Kansas University Endowment Association ("KU Endowment"), which by contract, manages the accounting of the organization. The Fund has adopted and operates under the same conflict of interest policy as KU Endowment, which is as follows: 1. Duty to Disclose a. In connection with any actual or possible conflicts of interest, an interested person must promptly disclose the existence and all material facts about the nature of his or her financial interests to the Executive Committee or the other members of committees with Executive Committee-delegated powers prior to such committee authorizing or approving KU Endowment or one of its subsidiaries entering into or negotiating a proposed transaction or arrangement. b. Unless previously disclosed in accordance with this Policy, in connection with any actual or possible conflicts of interest, an interested person must promptly disclose the existence and all material facts about the nature of his or her financial interests to the Executive Committee or the President of KU Endowment whenever such person becomes aware that (i) KU Endowment or one of its subsidiaries already has an existing transaction or arrangement in which such interested person has or is acquiring a financial interest or (ii) the Executive Committee, a committee with Executive Committee-delegated authority or any officer of KU Endowment or one of its subsidiaries is deliberating about or deciding whether to take an action or to refrain from taking an action with respect to a transaction or arrangement with respect to which such interested person has a financial interest. 2. Determining Whether a Conflict of Interest Exists After disclosure of the financial interest, the interested person shall leave, or not attend, as the case may be, any portion of a meeting of the Executive Committee or committee with Executive Committee-delegated powers while the financial interest is discussed and voted upon by the remaining members of such committee. The remaining Executive Committee members or committee members, as the case may be, shall decide if a conflict of interest exists and, if so, will address it. 3. Procedures for Addressing the Conflict of Interest a. The chairperson of the Executive Committee or committee with Executive Committee-delegated powers shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement or, in the case of an existing transaction or arrangement, taking or refraining from taking action with respect to such existing transaction or arrangement. b. After exercising due diligence, the Executive Committee or committee with Executive Committee-delegated powers shall determine whether KU Endowment can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. c. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the Executive Committee or committee with Executive Committee-delegated powers shall determine by a majority vote of the disinterested members whether or not: (i) the transaction or arrangement, or the action or refraining from taking action, as the case may be, is in KU Endowment's best interests; (ii) the transaction or arrangement or action or refraining from taking action, as the case may be, is for KU Endowment's own benefit; (iii) the transaction or arrangement or action or refraining from taking action, as the case may be, is fair and reasonable to KU Endowment; and (iv) to enter into the transaction or arrangement or take or refrain from taking action, as the case may be, in conformity with such determinations. 4. Violations of the Conflict of Interest Policy a. If the Executive Committee or committee with Executive Committee-delegated powers has reasonable cause to believe that an individual is an interested person who has failed to disclose actual or possible conflicts of interest, it shall inform the individual of the basis for such belief and afford the individual an opportunity to explain the alleged failure to disclose. b. If, after hearing the response of such an individual and making such further investigation as may be warranted in the circumstances, the Executive Committee or committee with Executive Committee-delegated powers determines that the individual has in fact failed to disclose an actual or possible conflict of interest, it shall take, or direct the President of KU Endowment to take, appropriate disciplinary and corrective action. Form 990, Part VI, Line 19 Required documents available to the public The KU Endowment Charitable Gift Fund's governing documents, conflict of interest policy and financial statement are available upon request at 1891 Constant Avenue, Lawrence, KS 66047, 785-832-7400. The information may be mailed or sent electronically if requested. The Kansas University Endowment Association PO Box 928 Lawrence KS 660440928 480547734 University of Kansas Support KS 501(c)(3) 5 NA false The Arizona Community Foundation 2201 E Camelback Rd Ste 405B Phoenix AZ 85016 860348306 Community Support AZ 501(c)(3) 7 NA false Community Foundation For Southern Arizona 5049 E Broadway Blvd Ste 201 Tuscon AZ 85711 942681765 Community Support AZ 501(c)(3) 7 NA false California Community Foundation 717 W Temple Street Los Angeles CA 90012 953510055 Community Support CA 501(c)(3) 7 NA false Orange County Community Foundation 19200 Von Karman Ave Ste 700 Irvine CA 92612 330378778 Community Support CA 501(c)(3) 7 NA false The San Diego Foundation 2508 Historic Decatur Rd Ste 200 San Diego CA 92106 952942582 Community Support CA 501(c)(3) 7 NA false Silicon Valley Community Foundation 444 Castro Street Ste 140 Mountain View CA 94041 205205488 Community Support CA 501(c)(3) 7 NA false East Bay Community Foundation 200 Frank H Ogawa Plaza Oakland CA 94612 946070996 Community Support CA 501(c)(3) 8 NA false Marin Community Foundation 5 Hamilton Landing Ste 200 Novato CA 94949 943007979 Community Support CA 501(c)(3) 8 NA false San Francisco Foundation One Embarcadero Center Ste 1400 San Francisco CA 94111 010679337 Community Support CA 501(c)(3) 7 NA false The Community Foundation Serving Boulder County 1123 Spruce St Boulder CO 803024001 841171836 Community Support CO 501(c)(3) 8 NA false The Denver Foundation 1009 Grant St Denver CO 80203 846048381 Community Support CO 501(c)(3) 7 NA false Rose Community Foundation 4500 Cherry Creek Drive South Ste 900 Denver CO 80246 840920862 Community Support CO 501(c)(3) 7 NA false Greater Washington Community Foundation 1325 G Street NW Ste 480 Washington DC 20005 237343119 Community Support DC 501(c)(3) 7 NA false St Louis Community Foundation 2 Oak Knoll Park St Louis MO 63105 436023126 Community Support MO 501(c)(3) 7 NA false The New York Community Trust 909 Third Ave 22nd Floor New York NY 10022 133062214 Community Support NY 501(c)(3) 8 NA false Tulsa Community Foundation 7030 S Yale Ste 600 Tulsa OK 74136 731554474 Community Support OK 501(c)(3) 7 NA false Communities Foundation of Texas Inc 5500 Caruth Haven Lane Dallas TX 75225 750964565 Community Support TX 501(c)(3) 7 NA false Community Foundation of North Texas 777 Main Street Ste 2850 Fort Worth TX 76102 752267767 Community Support TX 501(c)(3) 7 NA false The Dallas Foundation 3000 PEGASUS PARK DR STE 930 Dallas TX 75247 752890371 Community Support TX 501(c)(3) 7 NA false Greater Houston Community Foundation 515 Post Oak Blvd Ste 1000 Houston TX 77027 237160400 Community Support TX 501(c)(3) 7 NA false The Greater Tacoma Community Foundation 950 Pacific Ave Ste 1100 Tacoma WA 98402 911007459 Community Support WA 501(c)(3) 7 NA false The Seattle Foundation 1601 Fifth Ave Ste 1900 Seattle WA 98101 916013536 Community Support WA 501(c)(3) 7 NA false The Greater Kansas City Community Foundation & Affiliates 1055 Broadway Ste 130 Kansas City MO 64105 431152398 Community Support MO 501(c)(3) 8 NA false Jewish Community Foundation of Greater Kansas City 5801 W 115th St Ste 104 Overland Park KS 66211 436049281 Community Support KS 501(c)(3) 7 NA false Truman Heartland Community Foundation 4200 Little Blue Parkway Ste 340 Independence MO 640578303 431482136 Community Support MO 501(c)(3) 7 NA false The Community Foundation of Dickinson County Inc 201 NW Second Street Ste B Abilene KS 67410 481214850 Community Support KS 501(c)(3) 7 NA false Central Kansas Community Foundation 400 S Main Ste 100 Newton KS 67114 481221368 Community Support KS 501(c)(3) 7 NA false Community Foundation of Southwest Kansas PO Box 1313 Dodge City KS 678011313 481117413 Community Support KS 501(c)(3) 8 NA false Douglas County Community Foundation 900 Massachusetts Ste 406 Lawrence KS 66044 481209687 Community Support KS 501(c)(3) 8 NA false The Greater Salina Community Foundation PO Box 2876 Salina KS 674022876 481215503 Community Support KS 501(c)(3) 7 NA false Hutchinson Community Foundation PO Box 298 Hutchinson KS 675040298 481076910 Community Support KS 501(c)(3) 7 NA false Greater Manhattan Community Foundation PO Box 1127 Manhattan KS 665051127 481215574 Community Support KS 501(c)(3) 7 NA false South Central Community Foundation PO Box 8624 Pratt KS 67124 481156704 Community Support KS 501(c)(3) 7 NA false Topeka Community Foundation 5431 SW 29th St Ste300 Topeka KS 66614 480972106 Community Support KS 501(c)(3) 8 NA false Western Kansas Community Foundation 402 N Main Garden City KS 67846 481184667 Community Support KS 501(c)(3) 7 NA false Wichita Foundation 303 S Broadway Ste 100 Wichita KS 67202 481022361 Community Support KS 501(c)(3) 8 NA false Leon Karelitz Charitable Trust PO Box 928 Lawrence KS 660440928 616400249 Support for KU Endowment pursuant to governing document KS 501(c)(3) Type I Kansas University Endowment Association true Virgil and Pauline Brown Memorial Trust PO Box 928 Lawrence KS 660440928 467074121 Support for KU Endowment pursuant to governing document KS 501(c)(3) Type I Kansas University Endowment Association true false true false false false false false false false false false false false false false false false false false