2026-03-05T08:04:22-06:00 2025-06-30 331498605 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2024-07-01 846044833 UNIVERSITY OF NORTHERN COLORADO FOUNDATION UNIV 9703512034 JUDY FARR CENTER 1620 RESERVOIR RD GREELEY CO 80631 ANDY FEINSTEIN PRESIDENT 9703512034 2026-03-04 1 1 DORI J EGGETT P00645252 3037409400 2026-03-04 2024 2025-03-06 01:10:19Z ANDY FEINSTEIN 1620 RESERVOIR ROAD GREELEY CO 80631 45622654 0 X WWW.UNCFOUNDATION.ORG X 1966 CO TO SUPPORT THE UNIVERSITY OF NORTHERN COLORADO. 10 10 4 14 -25539 0 30910864 14729498 0 118638 10424391 11208424 253644 292869 41588899 26349429 14572825 16723476 0 0 571768 737948 0 0 0 954405 996084 16098998 18457508 25489901 7891921 194862644 210699606 1613814 1924091 193248830 208775515 THE FOUNDATION IS ENTRUSTED TO PROVIDE SUPPORT AND STEWARD DONATIONS FOR THE UNIVERSITY OF NORTHERN COLORADO. 0 0 16723476 16723476 118638 THE FOUNDATION TRANSFERRED APPROXIMATELY $16,700,000 TO UNC DURING THE YEAR. MANY STUDENTS WHO COULD NOT AFFORD COLLEGE WERE OTHERWISE ABLE TO ATTEND BECAUSE OF THE $8,900,000 IN SCHOLARSHIP SUPPORT GIVEN TO UNC BY THE FOUNDATION. THE REMAINING $7,800,000 WENT TO CAPITAL PROJECTS AND PROGRAMS THAT PROVIDE RESEARCH, INNOVATION, TECHNOLOGY, AND OTHER SUPPORT THAT ADVANCE THE QUALITY OF EDUCATION AT UNC. 0 0 0 0 0 0 16723476 1 1 0 0 0 0 0 0 1 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 12 0 1 4 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X ANDY FEINSTEIN 9703512034 1620 RESERVOIR ROAD GREELEY CO 80631 BRIAN DAVIDSON BOARD DIRECTOR 1.00 0.00 X 0 0 0 COLLIN RICHARDSON BOARD DIRECTOR 1.00 0.00 X 0 0 0 DEBBIE MISEGADIS SECRETARY 1.00 0.00 X X 0 0 0 JOHN EDWARDS VICE CHAIR 1.00 0.00 X X 0 0 0 JOHN SCHMIDT BOARD DIRECTOR 1.00 0.00 X 0 0 0 KATHLEEN SEARS BOARD DIRECTOR 1.00 0.00 X 0 0 0 KEVIN AHERN BOARD DIRECTOR 1.00 0.00 X 0 0 0 LISA HORN BOARD DIRECTOR 1.00 0.00 X 0 0 0 MARY ANN LITTLER CHAIR 1.00 0.00 X X 0 0 0 MIKE KIRBY TREASURER 1.00 0.00 X X 0 0 0 TONY TROXELL PRESIDENT 40.00 0.00 X 380461 0 30672 EILEEN ERICKSON CONTROLLER 40.00 0.00 X 116172 0 26947 496633 0 57619 2 0 1 0 INNOVEST PORTFOLIO SOLUTIONS LLC 7979 EAST TUFTS AVENUE SUITE 1700 DENVER CO 80237 INVESTMENT CONSULTING 115262 1 277948 14451550 1693284 14729498 EVENT REGISTRATION FEE 611710 114294 114294 MANAGEMENT FEES 611710 4344 4344 118638 3794760 3794760 318408 318408 26686889 19273225 7413664 7413664 7413664 UBI FROM PARTNERSHIPS 611710 -25539 -25539 -25539 26349429 118638 -25539 11526832 16723476 16723476 411133 411133 204546 204546 1326 1326 101556 101556 19387 19387 87111 87111 63369 63369 649257 649257 31636 31636 7237 7237 28078 28078 17065 17065 2231 2231 1695 1695 30855 30855 14861 14861 BANK & CREDIT CARD FEES 36039 36039 BOARD ADMINISTRATION 9904 9904 DUES & MEMBERSHIPS 9151 9151 7595 7595 18457508 16723476 1734032 0 1001086 5357566 26680686 24378521 13009 48585 1330671 665524 696002 665147 108986437 115516817 45669135 53549658 11816289 11183312 194862644 210699606 1080503 1392564 437726 440898 95585 90629 1613814 1924091 X 18311391 21715447 174937439 187060068 193248830 208775515 194862644 210699606 X 7891921 7801173 -166409 X 0 1 X 1 0 X 7088542 12985317 9793578 30910864 14729498 75507799 7088542 12985317 9793578 30910864 14729498 75507799 31931705 43576094 3198270 3705272 3503447 3991412 4113168 18511569 0 17805 0 0 0 17805 3760 3760 94040933 636421 0.46340 0.43760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2023 AMOUNT: $ 3,760. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 119379657 3269887 13023837 4277748 131395633 111905314 2157070 9267680 3950407 119379657 100559073 3119953 11577636 3351348 111905314 113168865 4501211 -7986554 9124449 100559073 88101516 4981194 23785687 3699532 113168865 0.01480 0.90130 0.08390 0 0 1310556 645409 665147 20115 20115 0 665147 ALTERNATIVE INVESTMENTS 13883325 F PRIVATE EQUITY 23947072 F REAL ESTATE 3298752 F LIMITED PARTNERSHIPS 1000000 F ILLIQUID CREDIT 11420509 F 53549658 OTHER ASSETS 34987 ACCRUED INTEREST 127376 CSV - LIFE INSURANCE POLICIES 114395 BENEFICIAL INTEREST IN LONG-TERM TRUSTS HELD BY OTHERS 10906554 11183312 OBLIGATIONS UNDER GIFT ANNUITY 90629 90629 X 33508323 7801173 -133823 7667350 25840973 533995 -25539 508456 26349429 17981638 58126 58126 17923512 533996 533996 18457508 PART IV, LINE 2B: THE FOUNDATION MANAGES FUNDS HELD ON BEHALF OF THE UNIVERSITY OF NORTHERN COLORADO. PART V, LINE 4: ENDOWMENTS ARE INTENDED TO PROVIDE FUNDING FOR SCHOLARSHIPS AND PROGRAM SUPPORT INCLUDING, BUT NOT LIMITED TO, SUPPLEMENTAL SALARY SUPPORT FOR FACULTY, RESEARCH, LIBRARIES, AND ACADEMIC AFFAIRS. PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2025, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -133,823. PART XI, LINE 4B - OTHER ADJUSTMENTS: UBI FROM PARTNERSHIPS -25,539. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR UNCOLLECTIBLE PLEDGES 58,126. 1 UNIVERSITY OF NORTHERN COLORADO 501 20TH STREET GREELEY CO 80639 846000546 STATE OF CO 16605637 117838 FMV LAB EQUIPMENT, FOOD & BEVERAGES FOR COM EVENT, BEVERAGES FOR ATHLETICS TO PROMOTE THE GENERAL WELFARE, DEVELOPMENT, GROWTH, AND WELL-BEING OF UNC 1 PART I, LINE 2: SCHEDULE I, PART I, LINE 2: IN COLLABORATION AND COORDINATION WITH THE UNIVERSITY, THE ORGANIZATION UTILIZES TECHNOLOGY SYSTEMS, REVIEW PROCEDURES, AND APPROVAL PROCESSES, REVIEW PROCEDURES TO ADMINISTER UTILIZATION OF FUNDS RELATED TO PROGRAMS AND SCHOLARSHIPS THAT COMPRISE THIS SUPPORT TO THE UNIVERSITY. X X X 1 0 0 0 0 0 0 0 0 TONY TROXELL PRESIDENT 140443 0 0 0 240018 0 4756 0 25916 0 411133 0 0 0 PART I, LINE 4A TONY TROXELL RECEIVED SEVERANCE PAYMENT OF $240,018 X 14 1575446 FMV X CHEMISTRY EQUIPMENT 1 42766 FMV X MINERAL RIGHTS 1 31852 FMV X BEVERAGES FOR ATHLETICS 1 22500 FMV X SCHEELS IN-STORE CREDIT 1 10000 FMV X COM GROUNDBREAKING CATERING & SETUP 1 9580 FMV X SCRAP BRONZE METAL 1 1140 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS CONSISTS OF THE ELECTED OFFICERS (CHAIR, VICE-CHAIR, SECRETARY, AND TREASURER) PLUS THE CHAIR OF THE INVESTMENT COMMITTEE, THE CHAIR OF THE AUDIT-FINANCE COMMITTEE, AND THE CHAIR OF THE PHILANTHROPY COMMITTEE. THE BOARD CHAIR SERVES AS CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS ALL OF THE POWER AND AUTHORITY OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD EXCEPT AS PROHIBITED BY LAW. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION UTILIZES THE EXPERTISE OF A CPA FIRM IN THE PREPARATION OF FORM 990 AND FORM 990-T. COMPLETED FORMS ARE REVIEWED BY MANAGEMENT AND THE AUDIT AND FINANCE COMMITTEE WITH THE CPA FIRM PRIOR TO FILING. THE FORM 990 WAS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REQUIRES ALL INTERESTED PERSONS SUCH AS DIRECTORS, OFFICERS OR MEMBERS OF A COMMITTEE WITH BOARD-DELEGATED POWERS WHO HAVE A DIRECT OR INDIRECT FINANCIAL INTEREST TO SIGN A CONFLICT OF INTEREST POLICY EVERY YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS ESTABLISHED A COMPENSATION DECISION GUIDE TO ANNUALLY REVIEW AND APPROVE THE COMPENSATION OF THE FOUNDATION'S OFFICERS AND KEY FOUNDATION STAFF. TO REVIEW, PROPOSE, AND APPROVE COMPENSATION, THE BOARD WILL UTILIZE INFORMATION, INCLUDING OFFICER AND STAFF PERFORMANCE AGAINST GOALS, TOTAL COMPENSATION, PEER AND MARKET COMPENSATION SURVEYS, FOUNDATION FINANCIAL PERFORMANCE AND CAPACITY, AND OTHER INFORMATION AS DEEMED NECESSARY. FOR THE PRESIDENT'S POSITION, THEY COMPARED TO OTHER LIKE-SIZED INSTITUTIONALLY RELATED FOUNDATIONS, THE COLORADO NON-PROFIT SALARY SURVEY, AND MOUNTAIN STATES EMPLOYER'S COUNCIL SURVEY. DELIBERATION AND DECISION FOR DETERMINING COMPENSATION IS DOCUMENTED IN THE RECORDS OF THE EXECUTIVE SESSION OF THE FOUNDATION'S BOARD OF DIRECTORS. THE FOUNDATION DID NOT HAVE ANY OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH THEIR OWN WEBSITE AND UPON REQUEST. THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: UBI FROM PARTNERSHIPS 25,539. CHANGE IN VALUE OF CHARITABLE REMAINDER INTERESTS -133,823. UNCOLLECTIBLE PLEDGES -58,125.