2024-05-15T08:22:24-05:00 2023-06-30 FORVIS LLP 312 WALNUT STREET SUITE 3000 CINCINNATI OH 45202 990 2022-07-01 900351265 UNIVERSITY OF KENTUCKY REAL ESTATE FOUNDATION INC % J FORD STANLEY UNIV 8592577886 100 STURGILL PHILANTHROPY BLDG LEXINGTON KY 40506 J FORD STANLEY EXECUTIVE DIRECTOR 8592577886 2024-05-15 true J FORD STANLEY 999009999 Aaron Hershberger P00961884 5136218300 2024-05-13 2 2022 2023-04-26 12:10:37Z J FORD STANLEY 100 STURGILL PHILANTHROPY BLDG LEXINGTON KY 40506 300385 false X N/A X 2008 KY SEE SCHEDULE O 5 3 0 0 0 1516000 0 0 0 -371767 -114923 56670 15308 1200903 -99615 8449203 500000 0 0 0 0 0 0 0 225919 42129 8675122 542129 -7474219 -641744 2932261 2290517 0 0 2932261 2290517 X SEE SCHEDULE O false false 542129 500000 SEE SCHEDULE O 542129 true false false false false false false false false false true false false false false false false true false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false X 5 3 true false false false false false false true true false false false true true true false false false false false KY X J FORD STANLEY 8592577882 2353 ALEXANDRIA DRIVE SUITE 100 LEXINGTON KY 40504 X GEORGE WARD PRESIDENT 2.0 0.0 X X 13416 0 0 G THOMAS BARKER SECRETARY 2.0 0.0 X 12530 0 0 J FORD STANLEY EXECUTIVE DIRECTOR & TREASURER 2.0 0.0 X X 12017 0 0 STEPHEN P BRANSCUM DIRECTOR 1.0 0.0 X 0 0 0 L DAN KEY DIRECTOR 1.0 0.0 X 0 0 0 JOE ROSENBERG DIRECTOR 1.0 0.0 X 0 0 0 37963 0 0 0 false false true 0 0 0 77 77 0 0 15308 15308 0 15308 15308 285000 400000 -115000 -115000 -115000 0 0 0 0 0 0 0 0 0 0 -99615 -99615 500000 500000 0 0 0 0 0 0 0 0 0 1373 1373 0 0 0 0 0 15771 15771 0 0 0 0 0 0 24985 24985 0 0 0 0 0 0 0 Other - less than 5% of total 0 542129 542129 0 0 297925 560517 0 0 0 0 504336 0 0 0 0 0 0 0 0 0 0 0 1730000 2130000 1730000 0 0 0 0 0 0 0 0 0 0 2932261 2290517 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2932261 2290517 0 0 0 0 2932261 2290517 2932261 2290517 -641744 X false true X false false X 140000 0 1504 1516000 0 1657504 0 28055 28658 23484 31133 34014 145344 168055 28658 24988 1547133 34014 1802848 1578840 224008 0 0 53855 56903 15385 126143 0 0 1928991 0.11613 0.10570 X THE MAJORITY OF THE FOUNDATION'S SUPPORT COMES FROM THE PUBLIC IN THE FORM OF GIFTS OF REAL ESTATE. THE FOUNDATION THEN SELLS THE REAL ESTATE AND DISTRIBUTES THE NET PROCEEDS TO CHARITABLE ORGANIZATIONS. FOR TAX YEAR 2022, THE FOUNDATION RECEIVED 11.61% OF ITS TOTAL SUPPORT FROM GOVERNMENTAL UNITS AND THE GENERAL PUBLIC. NONE OF THE FOUNDATION'S SUPPORT IS DERIVED FROM A SINGLE DONOR OR FAMILY. THE FOUNDATION'S BOARD OF DIRECTORS INCLUDES PERSONS WITH EXPERTISE IN FUNDRAISING AS WELL AS REAL ESTATE TRANSACTIONS - LAWYERS, BUSINESS OWNERS, DEVELOPERS, PHILANTHROPY OFFICERS. 1730000 1730000 1730000 false UNIVERSITY OF KENTUCKY 301 PETERSON BLDG LEXINGTON KY 40506 616001218 GOVT 500000 PROGRAM SUPPORT 1 0 false false false false false false false false false G THOMAS BARKER SECRETARY 12530 0 0 0 0 0 0 0 0 0 12530 0 J FORD STANLEY EXECUTIVE DIRECTOR & TREASURER 12017 0 0 0 0 0 0 0 0 0 12017 0 GEORGE WARD PRESIDENT 13416 0 0 0 0 0 0 0 0 0 13416 0 SCHEDULE J, PRT II COMPENSATION PAID BY AN UNRELATED ORGANIZATION THE INDIVIDUALS LISTED ON SCHEDULE J, PART II RECEIVED COMPENSATION FROM AN UNRELATED ORGANIZATION, UNIVERSITY OF KENTUCKY, FOR SERVICES PROVIDED TO UNIVERSITY OF KENTUCKY REAL ESTATE FOUNDATION. FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO CONDUCT FUNDRAISING THROUGHOUT THE UNITED STATES FOR GIFTS OF ILLIQUID PROPERTIES, INCLUDING REAL PROPERTIES, TANGIBLE AND INTANGIBLE PROPERTIES; THEN SELL THE ILLIQUID PROPERTIES AND DISTRIBUTE THE NET PROCEEDS TO CHARITABLE ORGANIZATIONS, INCLUDING THE UNIVERSITY OF KENTUCKY, LEXINGTON, KENTUCKY AND OTHER CHARITABLE ORGANIZATIONS. FORM 990, PART III, LINE 1 ORGANIZATION'S MISSION THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO CONDUCT FUNDRAISING THROUGHOUT THE UNITED STATES FOR GIFTS OF ILLIQUID PROPERTIES, INCLUDING REAL PROPERTIES, TANGIBLE AND INTANGIBLE PROPERTIES; THEN SELL THE ILLIQUID PROPERTIES AND DISTRIBUTE THE NET PROCEEDS TO CHARITABLE ORGANIZATIONS, INCLUDING THE UNIVERSITY OF KENTUCKY, LEXINGTON, KENTUCKY AND OTHER CHARITABLE ORGANIZATIONS. FORM 990, PART III, LINE 4A PROGRAM SERVICE ACCOMPLISHMENTS THE MOST SIGNIFICANT PROGRAM SERVICE ACCOMPLISHMENT IS THE SALE OF THE GIFT OF REAL PROPERTY. THE ORGANIZATION HAS ESTABLISHED PROCEDURES TO MANAGE, ADMINISTER AND SELL GIFTS OF REAL PROPERTY. THE ORGANIZATION CONTINUES TO FUNDRAISE WITH POTENTIAL DONORS THROUGHOUT THE FISCAL YEAR. THE NET PROCEEDS FROM THE SALE OF THE GIFT OF REAL PROPERTY WILL BENEFIT THE UNIVERSITY OF KENTUCKY IN MOST CASES. THE UNIVERSITY, STUDENTS AND FACULTY WILL BENEFIT FROM THE NET PROCEEDS FROM THE SALE OF THE GIFT OF REAL PROPERTY. THE ORGANIZATION CONTINUES TO EDUCATE POTENTIAL DONORS OF THE ORGANIZATION'S EXISTENCE AND THE ORGANIZATION'S PROCEDURES TO RECEIVE AND ADMINISTER UNUSUAL TYPES OF NON-LIQUID GIFTS. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS AND FAMILY RELATIONSHIPS THE FOLLOWING INDIVIDUALS HAVE A BUSINESS RELATIONSHIP AS A RESULT OF THEIR EMPLOYMENT WITH THE UNIVERSITY OF KENTUCKY: G. THOMAS BARKER, J. FORD STANLEY, AND GEORGE WARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS UNIVERSITY OF KENTUCKY FINANCE PERSONNEL PREPARE AND REVIEW THE FORM 990. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. THE RETURN IS PROVIDED TO ALL BOARD MEMBERS AT THE ORGANIZATION'S ANNUAL MEETING OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS The organization reviews the conflict of interest policy with the Board of Directors annually. Procedures are in place and reviewed with each contribution made to the organization to determine whether a conflict of interest exists. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, TAX RETURNS AND ORGANIZATIONAL DOCUMENTS ARE AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST.