2026-06-02T16:05:53-05:00 2025-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2024-07-01 942781749 University of Nevada Reno Foundation UNIV 7757841587 1664 N Virginia Mail Stop 0162 Reno NV 895570162 Holly Luna Treasurer 7757841587 2026-06-01 1 1 Deb Nelson CPA P01264758 6122536500 2026-06-01 2024 2025-03-06 01:10:19Z Holly Luna 1664 N Virginia Mail Stop 0162 Reno NV 895570162 175929932 0 X www.unr.edu/giving/foundation X 1981 NV To aid, support, & assist the University of Nevada, Reno to enhance the quality of education. 37 37 0 370 595284 7959 40840988 79679973 662455 478484 10949898 21555518 45888 41335 52499229 101755310 43515393 52453954 0 0 4659583 4392571 0 0 2214763 4935738 6585383 53110714 63431908 -611485 38323402 530787965 597911342 11438557 9971361 519349408 587939981 X Facilitate gifts & grants for the benefit of the University of Nevada, Reno to enhance the quality of education through charitable giving. 0 0 25368439 25368439 478484 University Programs: The University of Nevada Reno Foundation receives, manages & disburses funds in accordance with the designated restricted purpose for which the gifts were donated. Provides programmatic funding supporting students, faculty, research & the community in the area funds were raised for. There were 1,256 endowed funds in FY25. 17881971 17881971 Capital Projects: Assist in funding construction projects on campus. Some of the major projects include the College of Business building, Eric & Linda Lannes Basketball facility, Gateway Academic Building, Pennington Health Sciences Building, and the University of Arts Building. 8803349 8803349 University Scholarships: Scholarship funding was used for both need and merit based scholarships. More than 3,781 donor-funded scholarships were awarded in FY25. 400195 400195 Alumni Programs: Funding was provided to Alumni Association and various alumni chapters to strengthen ties to the University community. 400195 400195 52453954 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 13 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 37 37 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 1 CA MA MI MN NH SC CO ME NJ MD NY OH AL GA IN MO UT FL AK NV X Holly Luna 7757841587 1664 N Virginia Mail Stop 0162 Reno NV 895570162 X Frank Gallagher Chair 5.00 0.00 X X 0 0 0 Ann Morgan Chair (Until 12/2024) 5.00 0.00 X X 0 0 0 Ken Coll Chair Elect Vice Chair, Gift Accept. & Acqui. 5.00 0.00 X X 0 0 0 Julie Teel Vice Chair Special Events & Public Affairs 5.00 0.00 X X 0 0 0 Leonard Wohletz Vice Chair Investment-Interim 5.00 0.00 X X 0 0 0 Mark Denzler Vice Chair Investment (Until 12/2024) 5.00 0.00 X X 0 0 0 Steven Peralta Vice Chair Nominating 5.00 0.00 X X 0 0 0 John Desmond Vice Chair Governance 5.00 0.00 X X 0 0 0 Deena Behnke Vice Chair Development 5.00 0.00 X X 0 0 0 Stephanie Kruse Vice Chair Development (Until 12/2024) 5.00 0.00 X X 0 0 0 Kevinn Pinkney Vice Chair Scholarship & Grants 5.00 0.00 X X 0 0 0 Brian Wallace Vice Chair Audit and Finance 5.00 0.00 X X 0 0 0 Peter Costa Member-at-Large 5.00 0.00 X X 0 0 0 Sara Lafrance Member-at-Large 5.00 0.00 X X 0 0 0 Pat Miltenberger Edgington Member-at-Large 5.00 0.00 X X 0 0 0 Opal Adams Trustee (Until 12/2024) 2.00 0.00 X 0 0 0 Carolyn Barbash Trustee 2.00 0.00 X 0 0 0 Don Bernard II Trustee 2.00 0.00 X 0 0 0 Stuart Brady Trustee 2.00 0.00 X 0 0 0 Dean Byrne Trustee 2.00 0.00 X 0 0 0 Tammy Dermody Trustee (Until 12/2024) 2.00 0.00 X 0 0 0 David Fenimore Trustee 2.00 0.00 X 0 0 0 Sarah Ferguson Trustee 2.00 0.00 X 0 0 0 Melissa Harmon Trustee 2.00 0.00 X 0 0 0 Cheryl Hawkins Trustee 2.00 0.00 X 0 0 0 Mitch Hitchcock Trustee 2.00 0.00 X 0 0 0 Daniel Lofrese Trustee 2.00 0.00 X 0 0 0 Benson Mathews Trustee 2.00 0.00 X 0 0 0 Paul Mathews Trustee 2.00 0.00 X 0 0 0 Jarrett Rosenau Trustee 2.00 0.00 X 0 0 0 Jeff Rodefer Trustee (Until 12/2024) 2.00 0.00 X 0 0 0 Brigid Sullivan Pierce Trustee 2.00 0.00 X 0 0 0 Jason Sala Trustee 2.00 0.00 X 0 0 0 Marilyn Spiegel Trustee (Until 12/2024) 2.00 0.00 X 0 0 0 Shenea Strader Trustee 2.00 0.50 X 0 0 0 Caryn Swobe Trustee 2.00 0.00 X 0 0 0 Thomas Witter Trustee 2.00 0.00 X 0 0 0 Eugene Wong Trustee 2.00 0.00 X 0 0 0 Vick Wowo Trustee 2.00 0.00 X 0 0 0 Janet Mello Trustee (Until 12/2024) 2.00 0.00 X 0 0 0 Andrew Diss Trustee (From 1/2025) 2.00 0.00 X 0 0 0 Brian Sharpes Trustee (From 1/2025) 2.00 0.00 X 0 0 0 Kelly LeGrow Trustee (From 1/2025) 2.00 0.00 X 0 0 0 Pamela Joyner Trustee (From 1/2025) 2.00 0.00 X 0 0 0 Ryan Bellows Trustee (From 1/2025) 2.00 0.00 X 0 0 0 Patricia Richard Interim Executive Director (Until 3/2025) 25.00 15.00 X 0 287121 67407 Holly Stanco Corporate Secretary (Until 9/2024) 30.00 20.00 X 0 243837 50386 Denise Lewis Treasurer 30.00 20.00 X 0 156472 79596 Brian Sandoval President, UNR 2.00 40.00 X 0 514911 139459 Tracy Ostrem Executive Director (From 4/2025) 25.00 15.00 X 0 0 0 0 1202341 336848 0 0 1 0 Cambridge Associates LLC 115 Federal Street Ste 2600 Boston MA 02110 Investment Management Services 528819 Eide Bailly LLP PO Box 2545 Fargo ND 58108 Consulting Management Services 100928 Neumeier Poma Investment Counsel LLC 26435 Carmel Rancho Blvd Ste 200 Carmel CA 93923 Financial Planning and Investment Manage 100607 3 20435 46567 4561036 75051935 8401778 79679973 Educational Support Services 611710 478484 478484 478484 10625904 595284 10030620 41335 41335 84846362 73916748 10929614 10929614 10929614 257874 46567 257874 0 101755310 478484 595284 21001569 52453954 52453954 3715149 2132707 1582442 677422 670185 7237 51971 51971 88428 88428 3371996 3371996 948092 947362 730 21266 16066 5200 570315 570315 32923 9494 23429 95415 47992 47423 540246 6249 533997 Equipment & Maintenance 796123 783189 12934 Recruitment 66320 65244 1076 Appreciation & Gifts 2288 1993 295 63431908 52453954 8763191 2214763 766785 510639 60294450 47947002 11404003 16863484 1675385 9746162 46185900 6250406 42018962 39935494 253771470 80251183 150449196 391268793 3215846 3197221 7191868 8191364 530787965 597911342 280753 234344 9230864 7820253 1926940 1916764 11438557 9971361 X 65537937 65129853 453811471 522810128 519349408 587939981 530787965 597911342 38323402 30267171 0 X 0 1 X 1 0 X 49119229 41288049 130608966 40840988 79679973 341537205 49119229 41288049 130608966 40840988 79679973 341537205 23342548 318194657 13083283 5135098 6366016 8544575 10071955 43200927 1024585 9843 1034428 385772560 3529157 0.82480 0.83860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 385095637 36908157 43797393 5221052 10109272 1451964 449018899 355764721 7038281 37289995 5125217 7739558 2132585 385095637 297246987 10678304 59300340 -2334150 11268680 2526380 355764721 299483677 17581897 -7795207 -1558397 10222420 3359357 297246987 230531484 5180141 80263512 2384066 9392887 4714507 299483677 0.29166 0.70834 0.00000 1 0 9776700 9776700 36409200 6250406 30158794 39935494 Commingled funds valued at NAV 391268793 F 391268793 Due To University of Nevada 1916764 1916764 X 128929051 30267171 119111 30386282 98542769 3371996 -159455 3212541 101755310 60347223 687506 687506 59659717 3371996 400195 3772191 63431908 Part V, Line 4: The intended use of endowment funds are to facilitate gifts and grants for the benefit of the University of Nevada, Reno to enhance the quality of education through charitable giving. The endowment includes funds held at the Parasol Tahoe Community Foundation, an unrelated organization. Part X, Line 2: Management believes that the Foundation has appropriate support for tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. If incurred, the Foundation recognizes state and federal excise taxes, interest and/or penalties related to unrecognized tax liabilities or benefits in income tax expense. Part XI, Line 2d - Other Adjustments: University of Nevada Alumni Association Revenue 119,111. Part XI, Line 4b - Other Adjustments: Fundraising Expenses -257,874. University of Nevada Alumni Association Transfers to UNRF 98,419. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 257,874. University of Nevada Alumni Association Expenses 429,632. Part XII, Line 4b - Other Adjustments: UNRF Transfers to University of Nevada Alumni Association 400,195. Central America and the Caribbean 0 0 Investments 50560000 East Asia and the Pacific 0 0 Investments 14091000 0 0 0 0 0 0 64651000 0 64651000 1 0 1 1 1 0 Schedule F, Part IV: The Foundation reviews its direct and indirect investments during the tax period for determining required foreign filings. The Foundation makes direct and indirect transfers to foreign corporations and foreign partnerships. The Foundation would file Form 926 or Form 8865 if the transfers met the requirements for filing. The Foundation's transfers to foreign corporations did require filing Form 926. The Foundation's transfers to foreign partnerships did require filing Form 8865. The Foundation has ownership interests in foreign corporations and foreign partnerships. The Foundation would file Form 5471 or Form 8865 if the ownership met the requirements for filing. The Foundation's ownership in foreign corporations did not require filing Form 5471. The Foundation's ownership in foreign partnerships did not require filing Form 8865. The Foundation invests in partnerships that hold direct or indirect interests in passive foreign investment companies (PFICs). The Foundation would file Form 8621s for underlying investments that generate unrelated business income. The Foundation would not file Form 8621s where the investment partnerships have properly filed Form 8621s, or where the underlying investments did not generate any unrelated business income. The Foundation did not require filing Form 8621. Governor's Dinner 79681 8219 71462 385 11221 59856 Bobby Dolan Baseball Dinner 65420 15908 49512 49512 9 159340 22440 136900 1600 12758 3907 7338 500 110797 304441 46567 257874 1600 13143 15128 7338 500 220165 257874 0 1 University of Nevada Reno 1664 N Virginia Mail Stop 0162 Reno NV 89557 886000024 State of Nevada 25368439 0 University Programs University of Nevada Reno 1664 N Virginia Mail Stop 0162 Reno NV 89557 886000024 State of Nevada 17881971 0 Capital Projects University of Nevada Reno 1664 N Virginia Mail Stop 0162 Reno NV 89557 886000024 State of Nevada 8803349 0 University Scholarships University of Nevada Alumni Association 1664 N Virginia Mail Stop 0164 Reno NV 89557 880103531 501(c)(3) 400195 0 Alumni Support 2 0 Part I, Line 2: The University of Nevada, Reno maintains records to substantiate the amount of grants or assistance, the grantees' eligibility, and the selection criteria used to award the grants or assistance. The University of Nevada, Reno Foundation transfers the funds to the University of Nevada, Reno to supplement and support student scholarships, construction and/or operations. The University of Nevada, Reno Foundation also transfers funds to the University of Nevada Alumni Association to support operations. Expenditures are in compliance with IRS regulations, State of NV laws and NV System of Higher Education rules & regulations. 0 0 0 0 0 0 0 0 0 Brian Sandoval President, UNR 0 514911 0 0 0 0 0 129494 0 9966 0 654371 0 0 Patricia Richard Interim Executive Director (Until 3/2025) 0 220347 0 0 0 66774 0 51099 0 16307 0 354527 0 0 Holly Stanco Corporate Secretary (Until 9/2024) 0 243837 0 0 0 0 0 42672 0 7714 0 294223 0 0 Denise Lewis Treasurer 0 156472 0 0 0 0 0 79596 0 0 0 236068 0 0 Part I, Line 3 The Foundation does not establish the compensation of the Executive Director. Compensation is determined by University of Nevada, Reno, a related organization, and the Foundation relied on a related organization to establish compensation. X 5 115000 Appraised Value X 86 8286778 Fair Market Value 5 0 1 1 Part I, Column (b): Column (b) represents the number of contributions. Part I, Line 32b: The Foundation may retain a local attorney to list and facilitate any sales of contributed water and mineral rights. Form 990, Part VI, Section A, line 1a The Executive Committee has authority to act on behalf of the governing body between meetings. The Committee is comprised of the Board Chair, the Board Chair Elect, six Vice Chairs and two Trustees-at-Large. The President of the University, immediate past Board Chair, the President of the Alumni Association, the Executive Director, Associate VP/Secretary, and Treasurer of the Foundation serve as ex officio members of the Executive Committee. Form 990, Part VI, Section A, line 6 The NSHE Board of Regents is the sole member of the Foundation. Form 990, Part VI, Section A, line 7a The appointment of the Foundation Board of Trustees is the responsibility of the Nevada System of Higher Education. Form 990, Part VI, Section A, line 7b NSHE Board of Regents must formally approve changes the Foundation's bylaws. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Audit and Finance Chair prior to filing. It is then made available to the Audit and Finance Committee and Board of Directors after filing. Form 990, Part VI, Section B, line 12c All Board members are covered by the policy. Depending on the nature of the potential conflict and which member, the Board Chair would be consulted as would outside legal counsel. Executive Director, Associate VP and Board Chair review annual statements. Determinations are made by the Board but any possible conflict would be investigated and reviewed. Restrictions depend on the nature of the conflict but again would be vetted through legal counsel and could include change in committee assignments, resigning from the Board, or abstention from particular discussions and/or votes. Form 990, Part VI, Section B, line 15 All of the officers are employees of the University of Nevada, Reno and as such are employees of the State of Nevada. The Foundation does not compensate any employees. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and audited financials are made available upon request. Form 990, Part VII, Column F: The President, UNR and Treasurer participate in a defined benefit retirement plan administered by the Nevada Public Employees Retirement System. The plan does not provide the Foundation with annual changes in actuarial value at the individual employee level. Accordingly, amounts reported in Form 990, Part VII, Column F represent the actual employer contributions made during the reporting year. TSTH LLC 1664 N Virginia Mail Stop 0162 Reno NV 89557 880435437 Unusual gift holding company NV 0 23524 UNR Foundation Wonder LLC 1664 N Virginia Mail Stop 0162 Reno NV 89557 301246270 Unusual gift holding company NV 0 1257953 UNR Foundation Nevada Sagebrush 1664 N Virginia Mail Stop 0162 Reno NV 89557 834443305 Unusual gift holding company NV 20858 77881 UNR Foundation Lake Campus LLC 1664 N Virginia Mail Stop 0162 Reno NV 89557 612040021 Unusual gift holding company NV 0 39827539 UNR Foundation Nevada System of Higher Education 2601 Enterprise Rd Reno NV 89512 886000024 Higher Education NV N/A 0 University of Nevada Reno 1664 N Virginia Mail Stop 0162 Reno NV 89557 886000024 Higher Education NV Nevada System of Higher Education 0 University of Nevada Alumni Association 1664 N Virginia Mail Stop 0164 Reno NV 89557 880103531 Alumni Relations NV 501(c)(3) Line 7 Nevada System of Higher Education 0 Athletic Association of Nevada Inc 1664 N Virginia Mail Stop 0162 Reno NV 89557 237046624 Athletic Program Support NV 501(c)(3) Line 5 Nevada System of Higher Education 0 AAUN Endowment Inc 1664 N Virginia Mail Stop 0162 Reno NV 89557 880296894 Athletic Program Support NV 501(c)(3) Line 5 Athletic Association of Nevada Inc 0 Charitable Remainder Trusts (5) University Support NV N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0