2024-01-22T12:45:55-06:00 2023-06-30 540618213 HANTZMON WIEBEL LLP PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2022-07-01 510201344 THE UVA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT FOUNDATION INC UVAS 4349240854 PO BOX 400276 CHARLOTTESVILLE VA 229044276 SANFORD WILLIAMS TREASURER 4349240854 2024-01-19 1 SANFORD WILLIAMS XXX-XX-XXXX 0 MONTE J GLANZER P01301538 4342962156 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SANFORD WILLIAMS PO BOX 400276 CHARLOTTESVILLE VA 229044276 3183411 0 X EDUCATION.VIRGINIA.EDU/ABOUT-US/FOUNDATION X 1975 VA THE FOUNDATION WAS FORMED TO AID AND ASSIST THE UNIVERSITY OF VIRGINIA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT, WHETHER BY FINANCIAL ASSISTANCE OR OTHERWISE, IN ACHIEVING ITS OBJECTIVES AND IN PROMOTING AND FACILITATING THE ACTIVE INVOLVEMENT OF ALUMNI AND FRIENDS OF THE UNIVERSITY OF VIRGINIA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT. 27 27 0 30 0 0 3306199 2630075 -18149 -1840 10636 149765 0 0 3298686 2778000 1891794 2725763 0 0 444121 435021 0 0 484107 287319 320694 2623234 3481478 675452 -703478 39086204 39176283 13963 72634 39072241 39103649 X THE FOUNDATION WAS FORMED TO AID AND ASSIST THE UNIVERSITY OF VIRGINIA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT, WHETHER BY FINANCIAL ASSISTANCE OR OTHERWISE, IN ACHIEVING ITS OBJECTIVES AND IN PROMOTING AND FACILITATING THE ACTIVE INVOLVEMENT OF ALUMNI AND FRIENDS OF THE UNIVERSITY OF VIRGINIA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT. 0 0 2848574 2725763 -1840 THE FOUNDATION PROVIDES AID AND ASSISTANCE TO THE UNIVERSITY OF VIRGINIA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT, WHETHER BY FINANCIAL ASSISTANCE OR OTHERWISE, IN ACHIEVING ITS OBJECTIVES AND IN PROMOTING AND FACILITATING THE ACTIVE INVOLVEMENT OF ALUMNI AND FRIENDS OF THE UNIVERSITY OF VIRGINIA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT. DURING THE YEAR ENDED JUNE 30, 2023, THE UNIVERSITY OF VIRGINIA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT HAD 532 UNDERGRADUATE AND 1,390 GRADUATE AND POSTGRADUATE STUDENTS ENROLLED. 2848574 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AR CA CO IL KS KY ME MD MA MI MN MS NV NH NJ NY OH OK OR SC UT WA WI X UNIVERSITY OF VIRGINIA FOUNDATION 4349824848 PO BOX 400218 CHARLOTTESVILLE VA 229044218 T MICHAEL CASHMAN EXECUTIVE DIRECTOR 40.00 X 177991 0 21019 RAGAN P FOLAN CHAIR 0.75 X X 0 0 0 MICHAEL BAUGHAN VICE CHAIR 0.75 X X 0 0 0 KRISTIN MERLO VICE CHAIR 0.75 X X 0 0 0 WILLIAM A MARR JR TREASURER 0.75 X X 0 0 0 MERRILL STAUNTON WOODRIFF SECRETARY 0.75 X X 0 0 0 RICHARD R ABIDIN DIRECTOR 0.75 X 0 0 0 SHARON PARENTE DIRECTOR 0.75 X 0 0 0 COURTNEY BROWN PHD DIRECTOR 0.75 X 0 0 0 KARI HILL COULING DIRECTOR 0.75 X 0 0 0 PATRICIA FRIST ELCAN DIRECTOR 0.75 X 0 0 0 AMY WARNER DIRECTOR 0.75 X 0 0 0 KRISTIN L HENNINGSEN DIRECTOR 0.75 X 0 0 0 JENNIFER L HUNTER DIRECTOR 0.75 X 0 0 0 SUHRID GAJENDRAGADKAR BOV REPRESENTATIVE 0.75 X 0 0 0 CAROLINE KECK DIRECTOR 0.75 X 0 0 0 STEPHEN KECK DIRECTOR 0.75 X 0 0 0 PETER C KELLY DIRECTOR 0.75 X 0 0 0 CHRISTINE H LOTZE PHD DIRECTOR 0.75 X 0 0 0 MARK LUELLEN PRESIDENT'S REPRESENTATIVE 0.75 X 0 0 0 MICHAEL J MARINO DIRECTOR 0.75 X 0 0 0 ELIZABETH B REICHERT DIRECTOR 0.75 X 0 0 0 XAVIER RENALDO RICHARDSON DIRECTOR 0.75 X 0 0 0 SAMUEL LESTER SNEAD DIRECTOR 0.75 X 0 0 0 SANDRA F STERN EDD EMERITUS 0.75 X 0 0 0 SANFORD WILLIAMS DIRECTOR 0.75 X 0 0 0 MARTHA DOWNER-ASSAF DIRECTOR 0.75 X 0 0 0 ERIC MININBERG DIRECTOR 0.75 X 0 0 0 DAVID FOSTER DIRECTOR 0.75 X 0 0 0 PAULETTE G KATZENBACH PAST CHAIR 0.75 X 0 0 0 STEPHANIE VAN HOVER FACULTY REPRESENTATIVE 0.75 X 0 0 0 177991 0 21019 1 0 1 0 0 2630075 36316 2630075 SERVICE REVENUE 900099 6574 6574 INVESTMENT IN PARTNERS 900099 -8414 -8414 -1840 147034 147034 408142 405411 2731 2731 2731 2778000 -1840 0 149765 1957178 1957178 768585 768585 435021 47629 26945 360447 30201 30201 53884 53884 23958 12208 11750 36404 10394 9217 16793 59895 13764 46131 57967 15304 2936 39727 15495 12396 3099 DUES, FEES, HONORARIUMS 40890 35720 1010 4160 OTHER FUNDRAISING EXPEN 2000 2000 3481478 2848574 148797 484107 2532250 3371618 1174885 764472 34573325 34335926 805744 704267 39086204 39176283 4766 61437 9197 11197 13963 72634 X 2120287 2064692 36951954 37038957 39072241 39103649 39086204 39176283 X -703478 530593 204293 X X 0 1 X 1 0 X 1564345 3526232 2034943 3306199 2630075 13061794 41699 27590 27590 367805 380823 845507 1606044 3553822 2062533 3674004 3010898 13907301 4400564 9506737 29434 20163 1407 6587 147034 204625 14111926 296646 0.67370 0.66380 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: LARGE CASH GIFT FROM UNRELATED CONTRIBUTOR DATE: 09/30/19 AMOUNT: 10000000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30242025 541111 530592 914913 30398815 30096949 3155413 -1639485 1370852 30242025 18095377 3509620 9507165 1015213 30096949 12374926 5701189 814645 795383 18095377 12397848 129291 525549 677762 12374926 0.00510 0.60290 0.39200 1 0 0 POOLED INVESTMENTS 34335926 F 34335926 DEPOSIT LIABILITIES 11197 11197 X 3893709 530593 380823 204293 1115709 2778000 0 2778000 3862301 380823 380823 3481478 0 3481478 PART V, LINE 4: AMOUNTS INVESTED IN THE ENDOWMENT FUND ARE TO BE USED BASED ON THE DONORS OR BOARDS' RESTRICTIONS TO FUND SUPPORT FOR THE UVA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT INCLUDING SCHOLARSHIPS AND OPERATING EXPENSES. PART X, LINE 2: THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE - INCOME FROM SALE OF PARTNERSHIP INTEREST 264,494. GAIN ON VALUATION OF BENEFICIAL INTERESTS -60,201. 1 UNIVERSITY OF VIRGINIA PO BOX 1525 CHARLOTTESVILLE VA 22902 546001796 170(B)(1)(A)(VI) 1957178 0 GENERAL OPERATIONS AND DEBT PAYMENTS 1 0 AWARDS, FELLOWSHIPS, SCHOLARSHIPS 107 768585 PART I, LINE 2: RECIPIENTS OF GRANTS IN FURTHERANCE OF THE EXEMPT PURPOSE ARE CHOSEN BY A COMMITTEE MADE UP OF FACULTY AND STUDENT REPRESENTATIVES OF THE UNIVERSITY OF VIRGINIA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT. STUDENTS' NOMINATIONS ARE SUBMITTED FOR THE SPECIFIC GRANTS AND ARE EVALUATED BASED ON MERIT AND COMPLIANCE WITH PUBLISHED CRITERIA. 0 0 0 0 0 0 0 0 0 T MICHAEL CASHMAN EXECUTIVE DIRECTOR 176257 0 1000 0 734 0 15789 0 5230 0 199010 0 0 0 FORM 990, PART VII, LINE 5 AND SCHEDULE J, PART II: MICHAEL CASHMAN IS THE EXECUTIVE DIRECTOR OF THE FOUNDATION. MIKE RECEIVES COMPENSATION FROM THE UNIVERSITY OF VIRGINA, AN UNRELATED ORGANIZATION. THE COMPENSATION REPORTED ON FORM 990, PART VII AND SCHEDULE J, PART II REPRESENTS AN ESTIMATE OF HER TIME AND EFFORTS RELATED TO FOUNDATION AFFAIRS AND DOES NOT REPRESENT ADDITIONAL COMPENSATION ABOVE WHAT IS RECEIVED FROM UVA. ADDITIONALLY, THE COMPENSATION REPORTED ON FORM 990 AND SCHEDULE J IS INCLUDED IN THE TOTAL OF CONTRIBUTED SERVICE AMOUNT REPORTED ON SCHEDULE D, PART XI, LINE 2B AND PART XII, LINE 2A. X 13 36316 QUOTED MARKET VALUES 0 0 1 1 PART I, COLUMN (B): THE FOUNDATION REPORTS THE NUMBER OF CONTRIBUTIONS, RATHER THAN THE NUMBER OF ITEMS RECEIVED. PART I, LINE 32B: THE FOUNDATION USES THE UNIVERSITY OF VIRGINIA TO PROCESS AND SELL NON-CASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 STEPHEN M. KECK AND CAROLINE KECK - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FOUNDATION'S AUDIT COMMITTEE UPON ITS COMPLETION. THE BOARD IS OFFERED A FINAL VERSION OF FORM 990 AFTER THE AUDIT COMMITTEE'S REVIEW AND ANY QUESTIONS ARE ANSWERED. AFTERWARDS, FORM 990 IS FILED AND MADE AVAILABLE FOR PUBLIC INSPECTION BOTH AT THE FOUNDATION AND THROUGH THE UNIVERSITY OF VIRGINIA'S OFFICE OF PUBLIC RELATIONS. FORM 990, PART VI, SECTION B, LINE 12C FOLLOWING APPOINTMENT TO OFFICE, OR APPOINTMENT TO THE FOUNDATION STAFF, DIRECTORS, OFFICERS AND EMPLOYEES OF THE FOUNDATION SHALL BE INFORMED OF THE CONFLICT OF INTEREST POLICY. ON AN ANNUAL BASIS, EACH DIRECTOR AND OFFICER SHALL CERTIFY THAT, TO THE BEST OF HIS/HER KNOWLEDGE AND BELIEF, HE/SHE HAS ACTED IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE CHIEF OPERATING OFFICER SHALL BE RESPONSIBLE FOR DISSEMINATION OF THE POLICY, THE COMPLETION OF THE ANNUAL CERTIFICATIONS, AND REPORTING NON-COMPLIANCE TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY REVIEW INCLUDED A REVIEW THAT WAS CONDUCTED BY THE UNIVERSITY OF VIRGINIA CENTRAL ADVANCEMENT HUMAN RESOURCES TEAM (HR TEAM). THE HR TEAM'S REVIEW INCLUDED SALARY COMPARISONS ACROSS THE UNIVERSITY OF VIRGINIA (UVA) AND WITH OTHER PEER UNIVERSITIES TO ASSESS APPROPRIATENESS AND COMPETITIVENESS. THE ASSISTANT VICE PRESIDENT OF ADVANCEMENT OF UVA, THE DEAN OF THE SCHOOL, THE PRESIDENT OF THE FOUNDATION BOARD, AND THE TREASURER OF THE FOUNDATION BOARD ALL PARTICIPATED IN THE REVIEW PROCESS AND APPROVED THE FINAL SALARY. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION'S 1023 AND 990 ARE MADE AVAILABLE FOR PUBLIC INSPECTION BOTH AT THE FOUNDATION AND THROUGH THE UNIVERSITY OF VIRGINIA'S OFFICE OF PUBLIC RELATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS CAN BE DISTRIBUTED TO THE PUBLIC UPON REQUEST. HOWEVER, REQUESTS ARE SUBJECT TO THE APPROVAL OF THE TREASURER AND THE FOUNDATION'S CONSIDERATION OF THE INTENDED USE OF THE REQUESTED DOCUMENTS. ALL SUCH REQUESTS ARE DIRECTED TO THE UNIVERSITY OF VIRGINIA AND THE OFFICE OF PUBLIC AFFAIRS. FORM 990, PART XI, LINE 9: GAIN ON VALUATION OF BENEFICIAL INTERESTS -60,201. BOOK/TAX DIFFERENCE - INCOME FROM SALE OF PARTNERSHIP INTEREST 264,494. FORM 990, PART XII, LINE 2C THE FOUNDATION'S BOARD OF DIRECTORS HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR SELECTION AND RETENTION OF THE INDEPENDENT AUDITORS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE FOUNDATION'S AUDIT COMMITTEE UPON ITS COMPLETION. THIS COMMITTEE BRIEFS THE FULL BOARD OF THE FOUNDATION AT THE NEXT REGULARLY SCHEDULED MEETING. PART I, LINE 15 AND PART IX, LINE 7 PARTIAL REIMBURSEMENTS ARE MADE BY THE UNIVERSITY OF VIRGINIA SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT FOUNDATION, INC. (FOUNDATION) TO AFFILIATED ORGANIZATIONS FOR INDIVIDUALS PERFORMING SERVICES ON BEHALF OF THE FOUNDATION. FOR THIS FORM 990 THESE COSTS HAVE BEEN SHOWN AS "OTHER SALARIES AND WAGES." CHARITABLE REMAINDER TRUSTS (6) INVESTMENTS VA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 JEFFERSON EDUCATION HOLDINGS 10 W MARKET ST SUITE 1100 INDIANAPOLIS IN 46204 472113200 WORKING WITH EDUCATIONAL ENTITIES TO IMPROVE EDUCATIONAL PRODUCTS VA RELATED 0 -8414 -999428 0 0 0 0.44000 SCHEDULE R, PART VI THE FOUNDATION SOLD ITS MEMBERSHIP UNITS BACK TO JEFFERSON EDUCATION HOLDINGS DURING THE FISCAL YEAR ENDED JUNE 30, 2023.