2024-05-07T17:47:26+00:00 2023-06-30 346565596 ERNST & YOUNG US LLP 2323 VICTORY AVENUE DALLAS TX 75219 990 2022-07-01 866050388 University of Arizona Foundation UNIV 5206213340 1111 NORTH CHERRY AVENUE TUCSON AZ 85721 JOHN-PAUL ROCZNIAK PRESIDENT & CEO 5206213340 2024-05-07 true J CRAIG BARKER 999009999 true Patrick Shields P01508556 2149698000 2024-05-07 2022 2023-04-26 12:10:37Z JOHN-PAUL ROCZNIAK 1111 NORTH CHERRY AVENUE TUCSON AZ 85721 472741715 false X WWW.UAFOUNDATION.ORG X 1958 AZ SEE SCHEDULE O. THE UNIVERSITY OF ARIZONA FOUNDATION IS COMMITTED TO SUPPORTING AND ENHANCING THE VISION, MISSION AND VALUES OF THE UNIVERSITY OF ARIZONA THROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE SUPPORT. 26 25 152 135 393901 3316 167665686 163906281 6235747 8430459 101433808 48515701 3775913 438775 279111154 221291216 106685865 98105412 0 9666939 14127578 0 13925155 32587014 30462315 148939818 142695305 130171336 78595911 1402381950 1545295501 239276937 246582969 1163105013 1298712532 THE UNIVERSITY OF ARIZONA FOUNDATION IS COMMITTED TO SUPPORTING AND ENHANCING THE VISION, MISSION AND VALUES OF THE UNIVERSITY OF ARIZONATHROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE SUPPORT. false false 107873541 98105412 8430459 THE UNIVERSITY OF ARIZONA FOUNDATION IS COMMITTED TO SUPPORTING AND ENHANCING THE VISION, MISSION AND VALUES OF THE UNIVERSITY OF ARIZONA THROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE SUPPORT. INCORPORATED IN 1958, THE UNIVERSITY OF ARIZONA FOUNDATION PROVIDES ASSISTANCE TO THE UNIVERSITY OF ARIZONA IN TWO MAIN AREAS: FUND-RAISING AND ASSET MANAGEMENT. 107873541 true true false true true false true false true true true false false true true true false false false true false false false false false false true false true false false false false false false false false true false false false false true true false false false true 357 0 true 152 true true true false false false false true true false false false false false false false false false X 26 25 false false false false false false false true true false true true false true true true true true true true false CA CO DC KY LA ME MD MA MI MN NH NJ NY OR UT AR WI X RITA WILLIAMS 5206213027 1111 NORTH CHERRY AVENUE TUCSON AZ 85721 CHAD BECKER VICE CHAIR 6.0 0.0 X X 0 0 0 JOHN-PAUL ROCZNIAK PRESIDENT & CEO 40.0 0.0 X X 482706 0 38084 MICHAEL F HANNLEY TREASURER 6.0 0.0 X X 0 0 0 NANCY C BERGE CHAIR 6.0 0.0 X X 0 0 0 PATRICIA A BARTLETT SECRETARY 6.0 0.0 X X 0 0 0 STEVEN W LYNN PAST CHAIR 6.0 0.0 X X 0 0 0 BRADLEY BUTLER DIRECTOR 2.0 0.0 X 0 0 0 BRIAN H FRANKE DIRECTOR 2.0 0.0 X 0 0 0 CARMEN BERMUDEZ DIRECTOR 2.0 0.0 X 0 0 0 CYNTHIA L KLINGBERG DIRECTOR 2.0 0.0 X 0 0 0 DAISY M JENKINS DIRECTOR 2.0 0.0 X 1500 0 0 DON A ARIPOLI DIRECTOR 2.0 0.0 X 0 0 0 FRANCISCO AGUILAR DIRECTOR 2.0 0.0 X 0 0 0 GAIN S JUE DIRECTOR 2.0 0.0 X 0 0 0 GINNY L CLEMENTS DIRECTOR 2.0 0.0 X 0 0 0 HEATHER LENKIN DIRECTOR 2.0 0.0 X 0 0 0 JOAN STEVIE ELLER DIRECTOR 2.0 0.0 X 0 0 0 JOAN SWEENEY DIRECTOR 2.0 0.0 X 0 0 0 JOHN H PAYNE DIRECTOR 2.0 0.0 X 0 0 0 JOHN MUSIL DIRECTOR 2.0 0.0 X 0 0 0 MARIANNE CRACCHIOLO MAGO DIRECTOR 2.0 0.0 X 0 0 0 MICHAEL S LEE DIRECTOR 2.0 0.0 X 0 0 0 RICHARD H SILVERMAN DIRECTOR 2.0 0.0 X 0 0 0 ROBERT C ROBBINS DIRECTOR 2.0 0.0 X 0 0 0 SCOTT O DOUGLAS DIRECTOR 2.0 0.0 X 0 0 0 TRAVIS CHESTER DIRECTOR 2.0 0.0 X 0 0 0 J CRAIG BARKER SR VP, FINANCIAL SERVICES & CFO 40.0 0.0 X 266955 0 27692 ANDREA L MILLER SR VP, 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8TH AVE 12TH FL NEW YORK NY 100183011 APPLICATION CONSULTING 430196 22 163906281 6061869 163906281 CONFERENCES & SEMINARS 611710 2474459 2474459 OTHER PROFESSIONAL SERVICES 541900 5956000 5956000 0 0 0 0 8430459 46977641 46977641 44874 44874 0 0 252988559 251450499 1538060 0 1538060 1538060 K-1 PASSTHROUGH 901101 393901 393901 0 0 0 0 393901 221291216 8430459 393901 48560575 98105412 98105412 2014029 818513 1195516 9608712 3876700 5732012 463161 199197 263964 1246763 491709 755054 794913 326668 468245 79342 79342 253151 253151 220000 220000 11499491 11499491 6191414 4751557 290332 1149525 865790 172339 467292 226159 2294836 408843 1774878 111115 1769726 1384900 8569 376257 6371514 2829820 15507 3526187 270887 270887 268952 268952 Real Property Holding Costs 94972 670 94302 Fees and Charges 179860 161119 18741 102380 0 0 102380 142695305 107873541 20896609 13925155 8953926 3176393 140742791 223740986 35692960 42824010 0 0 4349030 3035985 1583932 1313045 352562622 438757775 861521329 831165749 0 1324390 4317543 1402381950 1545295501 7156526 6303103 0 232120411 240279866 239276937 246582969 X 25398000 21648691 1137707013 1277063841 1163105013 1298712532 1402381950 1545295501 X 78595911 57405509 -393901 X false true X true false X 155704497 100548000 142249114 167665686 163906281 730073578 0 0 155704497 100548000 142249114 167665686 163906281 730073578 52119312 677954266 31624728 30236485 33369090 56382508 47022515 198635326 0 0 0 0 0 0 0 928708904 45894543 0.7300 0.7277 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 220000 220000 142475305 142695305 1000000 0 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 0 0 25000 220000 245000 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 Schedule C, Part II-A, B Line 1b The Foundation incurred $220,000 for lobbying the Department of Education on matters involving the University and its affiliates. 1 0 1770000 42686087 true true X X X X false 1102980623 69297514 83260794 7739031 40649985 1207149915 1133803500 91828175 -72405451 8195192 42050409 1102980623 866834838 70880287 240968804 6647553 38232876 1133803500 928016739 67141213 -52009727 6629732 69683655 866834838 865837700 61970742 26219339 5899815 20111227 928016739 0.0 1.0 0.0 false false 357898 357898 3273328 2521110 752218 717804 514875 202929 1313045 Private Capital Limited Partnerships 263444943 F Natural Resources Limited Partnerships 113184477 F Equity Long/Short Hedge Funds 95855462 F Equity Long-Only Separate Accounts 95037822 F Equity Long-Only Hedge Funds 85387152 F Multi-Strategy Hedge Funds 83132270 F Private Credit Limited Partnerships 38829643 F Private Real Estate Limited Partnerships 36244100 F US Fixed Income Funds 19416593 F Fixed Income Hedge Funds 633287 F 831165749 Federal income taxes Trust Liabilities 16910635 Fair value of endowment managed for The University of Arizona 223369231 240279866 X 266875080 57405509 0 57405509 209469571 11427744 -206613 11221131 220690702 131267561 0 0 131267561 11427744 0 11427744 142695305 Schedule D, Part III, Line 4 Collections of art - description of collections THE CENTER FOR CREATIVE PHOTOGRAPHY IS AN ARCHIVE AND RESEARCH CENTER LOCATED ON THE UNIVERSITY OF ARIZONA CAMPUS. THE CENTER PROMOTES RESEARCH INTO AND APPRECIATION OF THE PHOTOGRAPHIC MEDIUM WHILE SAFEGUARDING ORIGINAL OBJECTS FOR POSTERITY. Schedule D, Part V, Line 4 Intended uses of endowment funds THE PAYOUT FROM THE FOUNDATION ENDOWMENT PROVIDES SCHOLARSHIP, RESEARCH, PROGRAM AND OTHER SUPPORT TO THE UNIVERSITY OF ARIZONA. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, ADDRESSES HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED, AND DISCLOSED IN THE FINANCIAL STATEMENTS. THE GUIDANCE REQUIRES THE ACCOUNTING AND DISCLOSURE OF TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT OF THE FOUNDATION IS REQUIRED TO ANALYZE ALL OPEN TAX YEARS, AS DEFINED BY THE STATUTE OF LIMITATIONS, FOR ALL MAJOR JURISDICTIONS, WHICH INCLUDE THE FEDERAL AND CERTAIN STATES. THE FOUNDATION HAS HAD NO EXAMINATIONS IN PROGRESS AND NON ARE EXPECTED AT THIS TIME. AS OF JUNE 30, 2023, MANAGEMENT OF THE FOUNDATION HAS REVIEWED ALL OPEN TAX YEARS AND MAJOR JURISDICTIONS AND CONCLUDED THERE IS NO TAX LIABILITY RESULTING FROM UNRECOGNIZED TAX BENEFITS RELATING TO UNCERTAIN INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN FUTURE TAX RETURNS. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements K-1 FLOW THROUGH OF UNRELATED BUSINESS INCOME/LOSS - -206613 Europe (Including Iceland and Greenland) 0 0 Investments 64748958 Central America and the Caribbean 0 0 Investments 271606423 0 0 0 0 0 0 336355381 0 336355381 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual true UNIVERSITY OF ARIZONA 1111 N CHERRY AVE TUCSON AZ 85721 742652689 GOVERNMENT 97871482 UNIVERSITY SUPPORT FLOWERS AND BULLETS 2527 E WINCHESTER VIS TUCSON AZ 857132134 811131884 501(C)(3) 200000 GENERAL SUPPORT UNIVERSITY OF ARIZONA HILLEL FOUNDATION 1245 E 2ND ST TUCSON AZ 857194955 866053800 501(C)(3) 14100 GENERAL SUPPORT SPECIAL OLYMPICS ARIZONA 2455 N CITRUS RD BLDG 54 GOODYEAR AZ 85395 860307564 501(C)(3) 14000 GENERAL SUPPORT THE DIGDEEP RIGHT TO WATER PROJECT PO BOX 26779 LOS ANGELES CA 900260779 460686920 501(C)(3) 5830 GENERAL SUPPORT 5 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. FUNDS ARE DEPOSITED IN PURPOSE SPECIFIC ACCOUNTS, WE RELY ON THE EXTENSIVE INTERNAL CONTROL SYSTEM OF THE UNIVERSITY OF ARIZONA FINANCIAL SERVICES OFFICE TO ENSURE CORRECT APPLICATION OF FUNDS ONCE TRANSFERRED TO THE UNIVERSITY. OTHER GRANTS: FUNDS ARE AWARDED SUBJECT TO GRANT AGREEMENTS WHICH REQUIRE PERIODIC REPORTING BACK TO THE FOUNDATION AS TO THE SUCCESSFUL ATTAINMENT/COMPLETION OF THE GOALS AND OBJECTIVES AND THE PROPER USE OF GRANTS FUNDED. X true true X X X X X false false false false false false false false false JOHN-PAUL ROCZNIAK PRESIDENT & CEO 444622 0 0 0 38084 0 21350 0 16734 0 520790 0 0 0 J CRAIG BARKER SR VP, FINANCIAL SERVICES & CFO 239263 0 0 0 27692 0 18947 0 8745 0 294647 0 0 0 VICKI B FLEISCHER SR VP, DEVELOPMENT 251371 0 0 0 20530 0 18947 0 1583 0 292431 0 0 0 ANDREA L MILLER SR VP, CONSTITUENT RELATIONS 214650 0 0 0 25737 0 17054 0 8683 0 266124 0 0 0 RITA M WILLIAMS VP, FINANCIAL SERVICES 180256 0 0 0 31788 0 15185 0 16603 0 243832 0 0 0 BRAD D TERRY VP & GENERAL COUNSEL 131951 0 0 0 35935 0 12301 0 23634 0 203821 0 0 0 MARIA A VEGA ASSOC VP, CITO 153431 0 0 0 20735 0 12397 0 8338 0 194901 0 0 0 TILGHMAN H MOYER EXEC DIRECTOR DEVELOPMENT 135120 0 0 0 35957 0 12452 0 23505 0 207034 0 0 0 JAMES J KROGMEIER ASSOC VP, GIFT PLANNING 127093 0 2500 0 35584 0 11968 0 23616 0 200761 0 0 0 LAURIE J CARLIN ASST VP, HUMAN RESOURCES 112978 0 0 0 34297 0 10910 0 23387 0 181572 0 0 0 KATHRYN A RIPP ASST VP, FINANCIAL SERVICES 117366 0 4000 0 24716 0 10439 0 14277 0 170798 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees MEMBERSHIP AT A COUNTRY CLUB LOCATED IN TUCSON, AZ PROVIDES IMPORTANT INTERACTION WITH DONORS AND KEY CONSTITUENTS. AS A RESULT, THE FOUNDATION PAID FOR DUES AND BUSINESS RELATED EXPENSES FOR THE FOLLOWING OFFICER: JOHN-PAUL ROCZNIAK. X 88 5405391 Market value X CRYPTOCURRENCY - 2 656478 Market value false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions THE FOUNDATION USES THE GIVING BLOCK TO RECEIVE AND SELL GIFTS OF CRYPTOCURRENCIES. Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. Other - CRYPTOCURRENCY - COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE BOARD OF TRUSTEES HAS APPOINTED AN EXECUTIVE COMMITTEE WHICH IS COMPRISED OF THE CHAIR OF THE BOARD, THE VICE CHAIR, THE PRESIDENT OF THE CORPORATION AND THE UNIVERSITY OF ARIZONA, THE SENIOR VICE PRESIDENT OF FINANCE OF THE CORPORATION AND UNIVERSITY OF ARIZONA, THE SECRETARY AND THE TREASURER. IN ADDITION, THE BOARD OF TRUSTEES MAY DESIGNATE ONE OR MORE AT-LARGE EXECUTIVE COMMITTEE MEMBERS. TO THE EXTENT PROVIDED IN THE EXECUTIVE COMMITTEE CHARTER, THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE REPORTS TO THE BOARD OF TRUSTEES AT EACH OF ITS MEETINGS ON THE ACTIONS TAKEN SINCE THE LAST MEETING OF THE BOARD OF TRUSTEES AND PROVIDES THE BOARD OF TRUSTEES WITH ALL INFORMATION NECESSARY FOR THE BOARD OF TRUSTEES TO CARRY OUT ITS GENERAL DUTY OF OVERSIGHT. Form 990, Part VI, Line 11b Review of form 990 by governing body MANAGEMENT PREPARED THE FORM 990. WE ENGAGED AN INTERNATIONAL PUBLIC ACCOUNTING FIRM TO REVIEW OUR INTERNALLY-PREPARED FORM 990. AFTER THE INTERNATIONAL PUBLIC ACCOUNTING FIRM COMPLETED THEIR REVIEW, MANAGEMENT REVIEWED THE FINAL DRAFT, WHICH WAS THEN SUBMITTED FOR REVIEW BY OUR AUDIT COMMITTEE BEFORE THE FORM WAS FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy EACH MEMBER OF THE BOARD OF TRUSTEES AND EACH OFFICER-EMPLOYEE OF THE FOUNDATION IS ANNUALLY PROVIDED WITH A CONFLICT OF INTEREST ACKNOWLEDGEMENT AND DISCLOSURE STATEMENT. SUCH INDIVIDUALS ARE REQUIRED TO REVIEW THESE DOCUMENTS, COMPLETE THEM, AND RETURN THEM TO OUR IN-HOUSE LEGAL COUNSEL FOR REVIEW. ANY CONFLICTS WHICH PRESENT THEMSELVES DURING THE YEAR ARE REVIEWED BY MANAGEMENT AND SUBMITTED TO THE BOARD FOR RESOLUTION. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE FOUNDATION HAS A COMPENSATION COMMITTEE COMPRISED ONLY OF INDEPENDENT TRUSTEES; CONTEMPORANEOUS MINUTES ARE KEPT OF THEIR MEETINGS AND DECISIONS. THE COMMITTEE ENGAGES A COMPENSATION CONSULTANT TO PROVIDE COMPARABILITY DATA AND OTHER GUIDANCE. THE PROCESS WAS LAST COMPLETED SEPTEMBER 26, 2023. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE FOUNDATION HAS A COMPENSATION COMMITTEE COMPRISED ONLY OF INDEPENDENT TRUSTEES; CONTEMPORANEOUS MINUTES ARE KEPT OF THEIR MEETINGS AND DECISIONS. THE COMMITTEE ENGAGES A COMPENSATION CONSULTANT TO PROVIDE COMPARABILITY DATA AND OTHER GUIDANCE. DEPENDING ON THE INDIVIDUAL, THE PROCESS WAS LAST COMPLETED IN FY22, FY23, OR FY24. Form 990, Part VI, Line 19 Required documents available to the public THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR AUDITED FINANCIAL STATEMENTS PUBLICLY AVAILABLE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances K-1 FLOW THROUGH OF UNRELATED BUSINESS INCOME/LOSS - -393901; CHARITABLE REMAINDER TRUSTS (46) TRUST AZ UNIVERSITY OF ARIZONA FOUNDATION true false false false false false false false false false false false false false false false false false false false