2024-05-05T14:01:18-05:00 2023-12-31 920460586 PWC US TAX LLP 4300 E CAMELBACK ROAD STE 475 PHOENIX AZ 85018 990 2023-01-01 346888980 HOLDEN PARKS TA HOLD 2166897663 4900 TIEDEMAN ROAD OH-01-49-0381 BROOKLYN OH 44144 KEYBANK BYP S CHMURA VICE PRESIDENT 2166897663 2024-05-02 true true JEFFREY E KUHLIN P00353001 4123556000 2024-05-02 X 2023 2023-04-26 12:10:37Z KEYBANK NA TRUSTEE 4900 TIEDEMAN RD BROOKLYN OH 44144 278746 false X N/A X 1988 OH GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED JANUARY 6, 1988 .KEYBANK AS TRUSTEE MAKES THE DISTRIBUTIONS TO UNIVERSITY CIRCLE, INC .IN SUPPORT OF THE CLEVELAND MUSEUM OF ART AND THE GARDEN CENTER OFGREATER CLEVELAND FOR PURPOSES OF IMPROVING, BEAUTIFYING AND ADORNINGTHE SURROUNDING PARKS. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACTOF 1999, THE BENEFICIARIES HAVE CHOSEN TO RECEIVE THE MAXIMUM OFINCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION.PLEASE NOTE THE CHARITY HAS THE RIGHT TO REMOVE THE TRUSTEE BY A MAJORITY VOTE OF THE DISTRIBUTION COMMITTEE. 1 5 0 0 0 0 0 -32477 75112 0 -32477 75112 316249 321054 0 47604 44498 0 0 1250 750 365103 366302 -397580 -291190 6036329 5692564 0 0 6036329 5692564 X GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED JANUARY 6, 1988 .KEYBANK AS TRUSTEE MAKES THE DISTRIBUTIONS TO UNIVERSITY CIRCLE, INC .IN SUPPORT OF THE CLEVELAND MUSEUM OF ART AND THE GARDEN CENTER OFGREATER CLEVELAND FOR PURPOSES OF IMPROVING, BEAUTIFYING AND ADORNINGTHE SURROUNDING PARKS. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACTOF 1999, THE BENEFICIARIES HAVE CHOSEN TO RECEIVE THE MAXIMUM OFINCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION.PLEASE NOTE THE CHARITY HAS THE RIGHT TO REMOVE THE TRUSTEE BY A MAJORITY VOTE OF THE DISTRIBUTION COMMITTEE. false false 321054 321054 GRANTS MADE IN SUPPORT OF THE CLEVELAND MUSEUM OF ART AND THE GARDENCENTER OF GREATER CLEVELAND FOR PURPOSES OF IMPROVING, BEAUTIFYING ORADORNING THE PARKS OF CLEVELAND, OHIO PAID TO UNIVERSITY CIRCLE, INC. 321054 true false false false false false false false false false false true 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 false false true false false false true 0 0 0 false false false false false false false false false false false false false X 1 5 false false false false false false false true true false false true false false false false false false OH X KEYBANK NA 2168134556 4900 TIEDEMAN RD OH-01-49-0150 BROOKLYN OH 44144 KEYBANK NA TRUSTEE 1.0 X 44498 0 0 Christopher Ronayne Chair, Distribution Committee 1.0 X 0 0 0 Edward Bauer Distribution Committee 1.0 X 0 0 0 Natalie Ronayne Distribution Committee 1.0 X 0 0 0 Perrin Verzi Distribution Committee 1.0 X 0 0 0 Mamie Mitchell Distribution Committee 1.0 X 0 0 0 44498 0 0 false false false 74787 74787 203959 203634 325 325 325 75112 75112 321054 321054 44498 44498 550 550 200 200 366302 321054 45248 0 179859 47193 5856470 5645371 6036329 5692564 0 0 X 6036329 5692564 6036329 5692564 6036329 5692564 -291190 -52575 X false false false X X 1 UNIVERSITY CIRCLE INC 111234567 10 true 321054 0 1 321054 0 true false false false false false false false false false false true false false false false true false true 0 0 56803 74787 56803 74787 0 48854 45248 0 7949 29539 6421078 6138095 0 0 6421078 6138095 0 0 6421078 6138095 96316 92071 6324762 6046024 221367 211611 0 221367 211611 7949 6757 221367 221367 0 221367 321054 0 0 0 0 0 321054 321054 221367 1.0 221367 0 0 1091542 318801 319231 316249 2730886 0 221367 0 2045823 321054 0 321054 0 0 2366877 1091542 318801 319231 316249 321054 PART IV, Section D, Line 2 KeyBank representatives have completed an extensive internal review of supporting organization accounts. This was done in concert with in house counsel and individual determinations were made with respect to the relationships. The Distribution Committee with a unanimous vote of the members have the right to remove the trustee . PART IV, Section D, Line 3 KeyBank, as Trustee, welcomes the input of the charitable beneficiaries as to investments. PART V, Section D, Line 8 KeyBank, as Trustee, maintains a close and continuous working relationship with the University Circle , Inc. This supported organization maintains a significant voice as they have the right to remove the Trustee and replace with another corporate Trustee. The supported organization receives periodic statements reflection all activity in the trust regarding income, expenses and investments. Line 8 Continued KeyBank welcomes the input of the supported organization as to investments. PART IV, Section D, Line 2 continued The trustee and a unanimous vote of the Distribution Committee have the right to amend the trust to insure continuation of 509(a)3 status. CHARITABLE MULTI ASSET FUND #998156 5645371 C KT SHORT TERM INVESTMENT FUND C 9983229Q6 GLAS FUNDS SPC HOLDEN PAR C 5645371 true UNIVERSITY CIRCLE INC 10831 MAGNOLIA DRIVE CLEVELAND OH 441061807 340823464 509(a)2 321054 FOR PURPOSES OF IMPROVING, BEAUTIFYING, OR ADORNING WADE WADE PARK, ROCKEFELLER PARK OR GORDON PARK OF THE PARK SYSTEMS OF CLEVELAND, OHIO. 1 EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 Grants are made to 501(c)3 organization that is named in the trust document. Our administrative representatives are in periodic contact with representatives of the charities in order to be in compliancewith the trust provisions. SEC. B, LINE 12a NO CONFLICT OF INTEREST POLICY EXISTS FOR THE TRUST. KEYBANK, N.A. HAS A CORPORATE CONFLICT OF INTEREST POLICY. SEC. B, LINE 14 THE TRUST HAS NO WRITTEN DOCUMENT RETENTION OR DESTRUCTION POLICY. KEYBANK, N.A. HAS A CORPORATE DOCUMENT RETENTION AND DESTRUCTION POLICY. SECTION B, LINE 15a KEYBANK IS SOLE TRUSTEE, IS COMPENSATED AS SUCH, AND MAKES ALL DECISIO NS WITH RESPECT TO THE OPERATION AND ADMINISTRATION OFTHE TRUST DISTRI BUTIONS ARE MADE BASED ON A MAJORITY VOTE OF THE DISTRIBUTION COMMITTE E. SECTION B, LINE 15b KEYBANK IS SOLE TRUSTEE, IS COMPENSATED AS SUCH, AND MAKES ALLDECISION S WITH RESPECT TO THE OPERATION AND ADMINISTRATIONOF THE TRUST. DISTRI BUTIONS ARE MADE BASED ON A MAJORITY VOTE OF THE DISTRIBUTION COMMITTE E. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a KEYBANK IS SOLE TRUSTEE. The Distribution Committee has five members : Christopher Ronayne, Chair, Edward Bauer,Natalie Ronayne, Perrin Verzi and Mamie Mitchell. Distributions are made based upon a Majority Vote of the Distribution Committee. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW ALL RETURNS ARE PREPARED AND THOROUGHLY REVIEWED BY OUR TAX VENDOR AND/OR INTERNAL PROFESSIONAL TAX DEPARTMENT. FORM 990, PAGE 6, PART VI, LINE 15a KEYBANK IS SOLE TRUSTEE, IS COMPENSATED AS SUCH, AND MAKES ALL DECISIONS WITH RESPECT TO THE OPERATION AND ADMINISTRATION OF THE TRUST. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST BY MAIL OR BY PHONE AND DELIVEREDWITHIN 2 WEEKS OF REQUEST. UNIVERSITY CIRCLE INC 10831 MAGNOLIA DR CLEVELAND OH 44106 340823464 CULTURE AND EDUCATION OH 509(a)2 N/A false false true false false false false false false false false false false false false false false false false false