2024-01-26T17:40:05-06:00 2023-06-30 FORVIS LLP 910 E ST LOUIS 200/PO BOX 1190 SPRINGFIELD MO 658062523 990 2022-07-01 431181566 UNIVERSITY OF CENTRAL MISSOURI FOUNDATION % COURTNEY GODDARD UNIV 6605438000 SMISER ALUMNI CENTER UCM WARRENSBURG MO 64093 COURTNEY GODDARD EXECUTIVE DIRECTOR 6605438000 2023-11-03 true COURTNEY GODDARD XXX-XX-XXXX Brian D Todd P00422601 4178658701 2 2022 2023-04-26 12:10:37Z COURTNEY GODDARD SMISER ALUMNI CENTER UCM WARRENSBURG MO 64093 51134782 false X WWW.UCMFOUNDATION.ORG X 1979 MO THE FOUNDATION IS A NON-PROFIT, CHARITABLE ORGANIZATION DEDICATED TO SUPPORTING THE MISSION OF THE UNIVERSITY OF CENTRAL MISSOURI. 38 36 0 105 64360 27988 11582741 12482562 121879 173112 6215362 2686452 -16338 -26600 17903644 15315526 5369232 8550454 0 0 898667 949583 0 0 690182 575261 560741 6843160 10060778 11060484 5254748 77602876 92255820 1039147 6094115 76563729 86161705 X THE MISSION OF THE ORGANIZATION IS TO CULTIVATE, MANAGE AND DISTRIBUTE RESOURCES IN SUPPORT OF THE UNIVERSITY OF CENTRAL MISSOURI. false false 5099741 5099741 UCM FOUNDATION, THROUGH DONOR GIFTS, PROVIDES THE UNIVERSITY INSTITUTIONAL SUPPORT FOR PLANT FACILITIES AS WELL AS FUNDING FOR CAMPUS CONSTRUCTION PROJECTS. 1595422 1595422 UNIVERSITY OF CENTRAL MISSOURI (UCM) FOUNDATION PROVIDES SCHOLARSHIPS TO UNIVERSITY STUDENTS. DURING THE YEAR, 1,147 STUDENTS RECEIVED SCHOLARSHIPS FROM THE FOUNDATION. 1072894 1072894 64360 UCM FOUNDATION SUPPORTS UNIVERSITY ATHLETIC PROGRAMS. FOUNDATION GIFTS PROVIDE FUNDS FOR STUDENT-ATHLETE RECRUITMENT, PURCHASING/MAINTAINING ATHLETIC EQUIPMENT AND FOR PROMOTIONAL ACTIVITIES AND OTHER TEAM NEEDS. 782397 782397 108752 8550454 true true false false false false false false false true false false false false true false true true false false false false false false true false false true true true false false false false false false false false true true false false false true false false false true 21 0 true 0 true true false false false false true true true 3 false false true false false false X 38 36 false false true false false true false true true false false false true true true true true false false false X COURTNEY GODDARD 6605438000 SMISER ALUMNI CENTER WARRENSBURG MO 64093 BEST ROGER UNIVERSITY PRESIDENT, EX-OFFIC 6.0 34.0 X 0 302061 17711 GODDARD COURTNEY EXECUTIVE DIRECTOR, EX-OFFICIO 34.0 6.0 X X 0 212043 9275 JACKSON JAQLYNE ASSOCIATE VICE PRESIDENT 2.0 38.0 X 0 110536 9275 ABARCA MANNY DIRECTOR 1.0 0.0 X 0 0 0 BITTNER CORY DIRECTOR 1.0 0.0 X 0 0 0 BLOMBERG CHAD DIRECTOR 1.0 0.0 X 0 0 0 COEN CRAID DIRECTOR 1.0 0.0 X 0 0 0 COLLINS PHYLLIS DIRECTOR 1.0 0.0 X 0 0 0 DAVIDSON MIKE DIRECTOR 1.0 0.0 X 0 0 0 DAVIS BARRY DIRECTOR 1.0 0.0 X 0 0 0 DOBIES CAROL DIRECTOR 1.0 0.0 X 0 0 0 GENTRY CHIP DIRECTOR 1.0 0.0 X 0 0 0 GINN BRETT DIRECTOR 1.0 0.0 X 0 0 0 GONZALEZ SAM DIRECTOR 1.0 0.0 X 0 0 0 HARDING MICHAEL DIRECTOR 1.0 0.0 X 0 0 0 HARMISON JERRY DIRECTOR 1.0 0.0 X 0 0 0 HOUGH MIKE DIRECTOR 1.0 0.0 X 0 0 0 HUANG PHYLLIS DIRECTOR 1.0 0.0 X 0 0 0 KAISER PAUL DIRECTOR 1.0 0.0 X 0 0 0 KAY HOMER PRESIDENT 2.0 0.0 X X 0 0 0 KEMPKER KEN DIRECTOR 1.0 0.0 X 0 0 0 KLEPPE SHIRLEY DIRECTOR 1.0 0.0 X 0 0 0 KRASNER LESLIE VICE PRESIDENT 2.0 0.0 X X 0 0 0 LEWARK BROCK DIRECTOR 1.0 0.0 X 0 0 0 LOVELAND SCOTT DIRECTOR 1.0 0.0 X 0 0 0 MCKEAN MARYL LIN TREASURER 2.0 0.0 X X 0 0 0 MEHTA ANAND DIRECTOR 1.0 0.0 X 0 0 0 MOYER RICK DIRECTOR 1.0 0.0 X 0 0 0 ORNDORFF MIKE DIRECTOR 1.0 0.0 X 0 0 0 OSBORNE SARAH DIRECTOR 1.0 0.0 X 0 0 0 PALMER TRACY DIRECTOR 1.0 0.0 X 0 0 0 POWER DANE DIRECTOR 1.0 0.0 X 0 0 0 RICHEY DOUG DIRECTOR 1.0 0.0 X 0 0 0 RUTH ROB SECRETARY 2.0 0.0 X X 0 0 0 SLATER AARON DIRECTOR 1.0 0.0 X 0 0 0 SOLOMON SCOTT DIRECTOR 1.0 0.0 X 0 0 0 TAYLOR SCOTT PAST PRESIDENT 2.0 0.0 X X 0 0 0 TINOCO ANDRE DIRECTOR 1.0 0.0 X 0 0 0 TURNER DAVID DIRECTOR 1.0 0.0 X 0 0 0 TUTTLE MARC DIRECTOR 1.0 0.0 X 0 0 0 VAN ZANDT TIM DIRECTOR 1.0 0.0 X 0 0 0 DANDURAND MARY BOG LIAISON, EX-OFFICIO 1.0 0.0 X 0 0 0 0 624640 36261 0 false true false 0 323413 12159149 878599 12482562 ADVERTISING REVENUE 541800 64360 64360 OTHER REVENUE 900099 108752 108752 173112 1982702 1982702 0 34599 34599 0 0 0 36156053 35452303 703750 703750 703750 305754 323413 366953 -61199 -61199 0 0 0 0 0 0 0 15315526 108752 64360 2659852 6955032 6955032 1595422 1595422 0 0 0 0 697045 331335 365710 0 252538 91964 160574 0 0 0 0 0 0 132009 132009 0 0 428732 264834 163898 0 0 0 0 0 0 0 0 0 0 10060778 8550454 820142 690182 445992 273889 2564951 5893491 4834863 1761350 0 28568 0 0 0 0 1692841 1446994 0 0 8107 8466 0 0 66422348 81029988 0 0 0 0 0 0 1633774 1813074 77602876 92255820 401276 5473915 0 0 0 0 0 0 0 0 0 0 0 0 0 0 637871 620200 1039147 6094115 X 8266652 12027653 68297077 74134052 76563729 86161705 77602876 92255820 X 5254748 4248423 94805 X false true X true false X 4857247 5504533 5347283 11582741 12482562 39774366 0 1151774 1133481 824971 817214 909927 4837367 6009021 6638014 6172254 12399955 13392489 44611733 9106384 35505349 1433998 1514406 1460307 1621460 2017301 8047472 49385 56579 52969 57742 64360 281035 0 52940240 599283 0.67067 0.77127 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65431590 9909414 5151215 1254791 5336936 146880 73753612 65126522 11461657 -9098475 1271062 463727 323325 65431590 50985260 4140184 11486797 1140394 268675 76650 65126522 48936456 1913254 1507532 1011578 325709 34695 50985260 45400884 3144425 1752569 1051191 284506 25725 48936456 0.10141 0.44066 0.45793 false false 0 ANNUITIES PAYABLE 620200 620200 20886382 4248423 1087489 5335912 15550470 132009 -366953 -234944 15315526 11383211 1087489 366953 1454442 9928769 132009 132009 10060778 SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS: ENDOWMENT FUNDS ARE INVESTED WITH THE OBJECTIVE OF CREATING A FLOW OF REASONABLY STABLE AND PREDICTABLE INVESTMENT RETURNS TO MEET THE CURRENT AND FUTURE PROGRAM OR EXPENDITURE NEEDS DESIGNATED BY THE DONOR. SCHEDULE D, PART X, LINE 2 UNCERTAIN TAX POSITIONS: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 4B AMOUNTS INCLUDED ON FORM 990, PART VIII, LINE 12, BUT NOT ON LINE 1: $ (366,953) SPECIAL EVENTS EXPENSE SCHEDULE D, PART XII, LINE 2D AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART IX, LINE 25: $ 366,953 SPECIAL EVENTS EXPENSE ATHLETIC AUCTIO 301905 115209 186696 54189 151554 FIRST PITCH 92673 49024 43649 14415 42469 6 234589 159180 75409 6560 28756 14708 54302 629167 323413 305754 6560 28756 83312 248325 366953 -61199 true UNIVERSITY OF CENTRAL MISSOURI PO BOX 800 WARRENSBURG MO 64093 446000293 GOVERNMENT 6728697 226335 FMV BOOKS, SUPPLIES SUPPORT TV STATION 1 SCHOLARSHIPS 1147 1595422 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: TO ENSURE FUNDS ARE USED ACCORDING TO DONOR WISHES, DISBURSEMENTS ARE REVIEWED AND APPROVED BY UNIVERSITY FUND MANAGERS AND BY THE FOUNDATION. FOLLOWING THE SUBMISSION OF APPROPRIATE DOCUMENTATION, REIMBURSEMENTS ARE MADE MONTHLY TO THE UNIVERSITY OF CENTRAL MISSOURI THROUGH THE UNIVERSITY OFFICE OF ACCOUNTS PAYABLE. PROCEDURES FOR MONITORING THE USE OF SCHOLARSHIP FUNDS: STUDENT APPLICATIONS ARE ENTERED ONLINE THROUGH UCM SCHOLARSHIP FINDER (UCMSF), A PROGRAM PURCHASED FROM ACADEMIC WORKS AND LINKED TO THE UNIVERSITY'S WEBSITE. STUDENT PROFILE INFORMATION FROM THE UNIVERSITY DATABASE IS ADDED TO THE STUDENT'S APPLICATION. UCMSF MATCHES THE STUDENTS BASED ON THE APPLICATION AND PROFILE DATA TO THE SCHOLARSHIPS FOR WHICH THEY QUALIFY. SELECTION COMMITTEES REVIEW THE APPLICATIONS AND MAKE THEIR SELECTIONS THROUGH UCMSF. AFTER BUDGET AVAILABILITY AND THANK YOU NOTE RECEIPT HAVE BEEN VERIFIED, STUDENT FINANCIAL SERVICES AWARDS THE SCHOLARSHIPS. false false false false false false false false BEST ROGER UNIVERSITY PRESIDENT, EX-OFFIC 0 302061 0 0 0 0 0 0 0 17711 0 319772 0 0 GODDARD COURTNEY EXECUTIVE DIRECTOR, EX-OFFICIO 0 212043 0 0 0 0 0 0 0 9275 0 221318 0 0 SCHEDULE J, PART I, LINE 3 EXECUTIVE COMPENSATION: THE PRESIDENT OF UNIVERSITY OF CENTRAL MISSOURI, A RELATED ORGANIZATION, IS IN CHARGE OF THE HIRING AND COMPENSATION DETERMINATION FOR THE FOUNDATION'S EXECUTIVE DIRECTOR. THIS PROCESS IS APPROVED BY THE UNIVERSITY OF CENTRAL MISSOURI'S BOARD OF GOVERNORS. X 1603 FMV X 23764 FMV X 1 11285 FMV X 25 652265 FMV X 42 11205 FMV X 78 60131 FMV X TICKET/VACATION 39 57978 FMV X EQUIP/SUPPLIES 18 51606 FMV X ANIMALS 3 4250 FMV X GOLF 16 4512 FMV 1 false true false SCHEDULE M, PART I, COLUMN B NUMBER OF CONTRIBUTORS: THE NUMBER OF CONTRIBUTIONS PROVIDED IS BASED UPON THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART I, LINE 5 & PART IX, LINES 7-9 COMPENSATION REIMBURSEMENT AGREEMENT: INDIVIDUALS ARE EMPLOYED AND PAID BY THE UNIVERSITY OF CENTRAL MISSOURI. COMPENSATION AND BENEFITS PAID TO SOME UNIVERSITY EMPLOYEES THAT PROVIDE SERVICES FOR THE FOUNDATION ARE REIMBURSED BY THE FOUNDATION. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICE ACCOMPLISHMENTS: UMC FOUNDATION PROVIDES SUPPORT TO OTHER AREAS IN THE UNIVERSITY INCLUDING KMOS-TV AND INSTRUCTIONAL/DEPARTMENTAL PROGRAMS AS DESIGNATED BY THE DONORS. FORM 990, PART VI, SECTION A, LINE 4 SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS: THE BYLAWS OF THE ORGANIZATION HAVE BEEN UPDATED TO STATE THE FOLLOWING: ARTICLE II - BOARD OF DIRECTORS: B. ELECTED DIRECTORS: THE NUMBER OF ELECTED MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION SHALL BE NOT LESS THAN TWENTY-FIVE (25) AND NO MORE THAN FORTY (40). THE SPECIFIC NUMBER OF DIRECTORS SHALL BE ESTABLISHED EACH YEAR BY THE BOARD OF DIRECTORS PRIOR TO THE ANNUAL MEETING OF THE CORPORATION. DIRECTORS SHALL BE ELECTED AT A REGULARLY SCHEDULED MEETING BY A MAJORITY OF THE DIRECTORS THEN IN OFFICE. ELECTED DIRECTORS HAVE FULL VOTING POWERS. 2. THE REGULAR TERM OF OFFICE FOR AN ELECTED DIRECTOR SHALL BE THREE (3) YEARS. NO ELECTED DIRECTOR SHALL SERVE MORE THAN THREE (3) SUCCESSIVE TERMS (A MAXIMUM OF NINE (9) SUCCESSIVE YEARS) EXCEPT THAT: a. A DIRECTOR ELECTED AS AN OFFICER UNDER ARTICLE IV MAY CONTINUE TO BE A MEMBER OF THE BOARD UNTIL THE COMPLETION OF HIS/HER TERM AS AN OFFICER, WITHOUT REGARD TO THE THREE (3) SUCCESSIVE TERMS LIMITATION. b. AN IMMEDIATE PAST PRESIDENT MAY CONTINUE TO BE A MEMBER OF THE BOARD UNTIL THE COMPLETION OF HIS/HER TERM AS IMMEDIATE PAST PRESIDENT, WITHOUT REGARD TO THE THREE (3) SUCCESSIVE TERMS LIMITATION. c. AN ELECTED DIRECTOR IS ELIGIBLE TO RETURN TO THE BOARD AFTER BEING OFF THE BOARD FOR AT LEAST ONE (1) YEAR. d. FILLING THE UNEXPIRED TERM OF ANOTHER DIRECTOR, PRIOR TO BEING ELECTED AS A DIRECTOR SHALL NOT CONSTITUTE A TERM WITHIN THIS LIMITATION. ARTICLE V- DUTIES OF OFFICERS: SECTION 5. PAST PRESIDENT THE PAST PRESIDENT SERVES AS A MEMBER OF THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS. THE PAST PRESIDENT ENSURES CONTINUITY DURING GOVERNANCE TRANSITIONS AND SUPPORTS THE PRESIDENT IN HIS/HER ROLE AND PROVIDES CONTINUITY TO THE ORGANIZATION BY PROVIDING HISTORICAL CONTEXT FOR ISSUES. FORM 990, PART VI, SECTION A, LINE 7A POWER TO APPOINT BOARD MEMBERS: THE FOLLOWING BOARD MEMBER POSITIONS ARE APPOINTED TO THE ORGANIZATION'S BOARD: 1. ONE MEMBER OF THE UNIVERSITY OF CENTRAL MISSOURI'S BOARD OF GOVERNOR'S, AS DESIGNATED BY THE PRESIDENT OF THE BOARD OF GOVERNOR'S. 2. THE PRESIDENT OF THE UNIVERSITY OF CENTRAL MISSOURI, OR A REPRESENTATIVE OF THEIR CHOOSING. 3. THE CHIEF DEVELOPMENT OFFICER FOR THE UNIVERSITY OF CENTRAL MISSOURI SERVES AS THE EXECUTIVE DIRECTOR OF THE FOUNDATION AND IS APPOINTED BY THE PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, 11B FORM 990 REVIEW PROCESS: THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. THE FORM 990 WILL INITIALLY BE INTERNALLY REVIEWED. AFTER THIS REVIEW, THE PUBLIC DISCLOSURE COPY WILL BE PRESENTED TO THE AUDIT COMMITTEE AT ITS COMMITTEE MEETING. AFTER THE AUDIT COMMITTEE APPROVES THE PUBLIC DISCLOSURE COPY, IT WILL BE EMAILED TO ALL OTHER MEMBERS, ALLOWING FOR THE OPPORTUNITY TO ASK QUESTIONS, MAKE COMMENTS, OR REQUEST CHANGES BEFORE THE FILING OF THE FINAL FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY COMPLIANCE: BOARD OFFICERS AND MEMBERS MUST FILE AN ANNUAL WRITTEN DISCLOSURE STATEMENT FOR ANY CONFLICT OF INTEREST. A CONFLICT OF INTEREST DISCLOSURE FORM IS DISTRIBUTED TO THE OFFICERS AND MEMBERS ANNUALLY AT A BOARD MEETING. BEFORE A BOARD MEMBER BEGINS HIS OR HER SERVICE WITH THE FOUNDATION, HE OR SHE SHALL FILE WITH THE GOVERNANCE COMMITTEE (COMMITTEE) OF THE FOUNDATION A LIST OF HIS OR HER PRINCIPAL BUSINESS ACTIVITIES, AS WELL AS INVOLVEMENT WITH OTHER CHARITABLE AND BUSINESS ORGANIZATIONS, VENDOR OR BUSINESS INTEREST, OR WITH ANY OTHER ASSOCIATIONS THAT MIGHT PRODUCE A CONFLICT OF INTEREST. IN ADDITION TO THE DISCLOSURE REQUIRED BY THE PREVIOUS PARAGRAPH, EACH MEMBER IS UNDER AN OBLIGATION TO THE FOUNDATION, TO HIS OR HER FELLOW VOLUNTEERS, AND TO THE UNIVERSITY SERVED BY THE FOUNDATION TO INFORM THE FOUNDATION OF ANY POSITION HE OR SHE HOLDS OR OF ANY BUSINESS OR A VOCATIONAL ACTIVITY THAT MAY RESULT IN A POSSIBLE CONFLICT OF INTEREST OR BIAS FOR OR AGAINST A PARTICULAR GRANTEE, ACTION OR POLICY, AT THE TIME SUCH GRANT, ACTION OR POLICY IS UNDER CONSIDERATION BY THE BOARD. ANY DUALITY OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY MEMBER SHALL BE DISCLOSED THE COMMITTEE AND MADE A MATTER OF RECORD AS SOON AS THE ISSUE IN QUESTION IS RAISED AND A POSSIBLE CONFLICT IS KNOWN. WHEN THE BOARD IS TO DECIDE UPON AN ISSUE ABOUT WHICH A MEMBER HAS AN UNAVOIDABLE CONFLICT OF INTEREST, THAT MEMBER SHALL PHYSICALLY ABSENT HERSELF OR HIMSELF WITHOUT COMMENT FROM NOT ONLY THE VOTE, BUT ALSO FROM THE DELIBERATION, UNLESS DIRECTLY REQUESTED BY THE (PRESIDENT) OR RELEVANT COMMITTEE TO PROVIDE FACTUAL INFORMATION OR ANSWER FACTUAL QUESTIONS THAT MAY ASSIST THE BOARD OR COMMITTEE IN MAKING A WISE DECISION. IN NO CASE SHALL THAT BOARD MEMBER VOTE ON SUCH MATTER OR ATTEMPT TO EXERT PERSONAL INFLUENCE IN CONNECTION THEREWITH. DISCLOSURE AND ABSTENTION SHALL BE RECORDED IN THE MINUTES OF THE MEETING(S) AT WHICH THE ISSUE IS DISCUSSED AND DECIDED. IN ANY SITUATION NOT SPECIFICALLY COVERED BY THE PREVIOUS SECTIONS OF THIS POLICY, MEMBERS SHALL CONSIDER CAREFULLY ANY POTENTIAL CONFLICT OF THEIR PERSONAL INTEREST WITH THE INTERESTS OF THE FOUNDATION AND REFRAIN FROM ANY ACTION THAT MIGHT BE PERCEIVED AS AN ACTUAL OR APPARENT CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT AVAILABILITY: THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION CURRENTLY HAS ITS AUDITED FINANCIAL STATEMENTS AND POLICIES ON ITS WEBSITE. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS: $ 94,805 ACTUARIAL GAIN ON ANNUITY OBLIGATIONS NIVERSITY OF CENTRAL MISSOURI PO BOX 800 WARRENSBURG MO 64093 446000293 UNIVERSITY MO NA false true true false true false false false false false false false true false true true true false false false