2024-05-15T08:22:24-05:00 2023-06-30 FORVIS LLP 312 WALNUT STREET SUITE 3000 CINCINNATI OH 45202 990 2022-07-01 611124171 UNIVERSITY OF KENTUCKY HUMANITIES FOUNDATION INC % PENNY COX UNIV 8592574758 301 PETERSON SERVICE BUILDING LEXINGTON KY 40506 PENNY COX TREASURER 8592574758 2024-05-15 true PENNY COX 999009999 Aaron Hershberger P00961884 5136218300 2 2022 2023-04-26 12:10:37Z STEVE GROSSMAN 301 PETERSON SERVICE BUILDING LEXINGTON KY 40506 618017 false X N/A X 1984 KY DEVOTED TO CULTIVATING AN APPRECIATION OF THE HUMANITIES IN ITS STUDENTS AND FACULTY AND STRIVES TO INTEGRATE CREATIVE WORK WITH TRADITIONAL ACADEMIC LEARNING. 23 16 0 0 16048 8095 0 0 40456 39875 0 0 56504 47970 55677 47462 0 0 0 0 0 0 0 827 508 56504 47970 0 1681959 1763130 0 0 1681959 1763130 THE HUMANITIES FOUNDATION IS DEVOTED TO CULTIVATING AN APPRECIATION OF THE HUMANITIES IN ITS STUDENTS AND FACULTY AND STRIVES TO INTEGRATE CREATIVE WORK WITH TRADITIONAL ACADEMIC LEARNING. false false 47970 47462 THE HUMANITIES FOUNDATION IS DEVOTED TO CULTIVATING AN APPRECIATION OF THE HUMANITIES IN ITS STUDENTS AND FACULTY AND STRIVES TO INTEGRATE CREATIVE WORK WITH TRADITIONAL ACADEMIC LEARNING. 47970 true false false false false false false false false true false false false false false false true true false false false false false false false false false true true true 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 X 23 16 true false false false false false false true false false false false true true true true true true true false KY X PENNY COX 8592574758 301 PETERSON SERVICE BUILDING LEXINGTON KY 40506 ELI CAPILOUTO DIRECTOR 1.0 39.0 X 0 1362033 398944 ROBERT DIPAOLA DIRECTOR 1.0 39.0 X 0 880572 208257 CHRISTIAN BRADY DIRECTOR 1.0 39.0 X 0 316758 52036 PENNY COX TREASURER 1.0 39.0 X 0 298304 37305 MELYNDA PRICE DIRECTOR 1.0 39.0 X 0 241362 34524 MELODY FLOWERS DIRECTOR 1.0 39.0 X 0 191627 31178 JENNIFER COFFMAN DIRECTOR 1.0 19.0 X 0 2400 0 RILEY DROPPLEMAN DIRECTOR 1.0 9.0 X 0 1722 0 CLAY DUNN DIRECTOR 1.0 0.0 X 0 0 0 JOHN EDINGER DIRECTOR 1.0 0.0 X 0 0 0 CAROL FARMER DIRECTOR 1.0 0.0 X 0 0 0 JOAN GAINES DIRECTOR 1.0 0.0 X 0 0 0 THOMAS GAINES DIRECTOR 1.0 0.0 X 0 0 0 JIM GRAY DIRECTOR 1.0 0.0 X 0 0 0 STEVE GROSSMAN CHAIR 1.0 0.0 X X 0 0 0 DONNA S HALL DIRECTOR 1.0 0.0 X 0 0 0 ADAM KEGLEY DIRECTOR 1.0 0.0 X 0 0 0 JOSEPHINE D RICHARDSON SECRETARY 1.0 0.0 X X 0 0 0 DANIEL ROWLAND DIRECTOR 1.0 0.0 X 0 0 0 JOSHUA SANTANA DIRECTOR 1.0 0.0 X 0 0 0 SCOTT SHAPIRO DIRECTOR 1.0 0.0 X 0 0 0 JAY VARELLAS DIRECTOR 1.0 0.0 X 0 0 0 HOLLY WIEDEMANN DIRECTOR 1.0 0.0 X 0 0 0 RICHARD YOUNG DIRECTOR 1.0 0.0 X 0 0 0 0 3294778 762244 0 false true false 0 8095 8095 0 25422 25422 0 0 0 0 0 584500 570047 14453 14453 14453 0 0 0 0 0 0 0 0 0 0 47970 39875 14212 14212 33250 33250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44 44 0 0 0 0 0 311 311 0 0 0 0 Miscellaneous Expense 153 153 0 0 47970 47970 0 0 0 0 0 0 7007 4717 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1674952 1758413 0 0 0 0 0 0 0 0 1681959 1763130 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 1681959 1763130 1681959 1763130 1681959 1763130 0 81171 X false true X true false X X X 1 UNIVERSITY OF KENTUCKY 616001218 6 true 14212 0 1 14212 0 true false false false false false false false false false false false false false false true false 1521821 97913 38417 13807 1567510 1683307 -118120 28491 14875 1521821 1329313 402456 35465 12997 1683307 1394305 -18859 33847 12286 1329313 1377526 54045 26018 11248 1394305 0.18210 0.81790 false true true 129141 81171 81171 47970 47970 47970 47970 47970 SCHEDULE D, PART V, LINE 4 USE OF ENDOWMENT FUNDS THE ENDOWMENT FUNDS ARE USED TO CULTIVATE AN APPRECIATION OF THE HUMANITIES IN STUDENTS AND FACULTY AND STRIVING TO INTEGRATE WORK WITH TRADITIONAL ACADEMIC LEARNING. false UNIVERSITY OF KENTUCKY 301 PETERSON BLDG LEXINGTON KY 40506 616001218 GOVT 14212 UNIVERSITY SUPPORT 1 SCHOLARSHIPS 28 33250 X X false true false false false false false false false CHRISTIAN BRADY DIRECTOR 0 313760 0 0 0 2998 0 32100 0 19936 0 368794 ELI CAPILOUTO DIRECTOR 0 1036146 0 125000 0 200887 0 383422 0 15522 0 1760977 ROBERT DIPAOLA DIRECTOR 0 792808 0 70293 0 17471 0 189951 0 18306 0 1088829 MELODY FLOWERS DIRECTOR 0 173896 0 17500 0 231 0 17850 0 13328 0 222805 MELYNDA PRICE DIRECTOR 0 179303 0 11500 0 50559 0 22494 0 12030 0 275886 PENNY COX TREASURER 0 292465 0 0 0 5839 0 29396 0 7909 0 335609 SCHEDULE J, PART I, LINE 4B A 457(F) CONTRACT WAS WRITTEN FOR DR. CAPILOUTO STARTING JULY 1, 2016, AND SHALL CONTINUE AS LONG AS HE REMAINS EMPLOYED WITH PAYMENTS COMMENCING FOR $178,000 AND PAYABLE EACH YEAR ON JULY 1. A 415(M) DEFERRED COMPENSATION CONTRACT WAS WRITTEN FOR DR. CAPILOUTO STARTING JULY 1, 2011, WITH CONTRIBUTIONS COMMENCING FOR $50,000 AND PAYABLE EACH YEAR THROUGH 2025. A 415(M) CONTRACT WAS WRITTEN FOR DR. DIPAOLA EFFECTIVE OCTOBER 1, 2022, WITH AN INITIAL RETENTION CONTRIBUTION OF $110,000 ON OCTOBER 1, 2022. AS LONG AS HE HAS CONTINUED EMPLOYMENT AS PROVOST, ANNUAL CONTRIBUTIONS WILL BE MADE ON JUNE 1 EACH YEAR BEGINNING IN 2023 IN THE AMOUNT OF $110,000 AND INCREASE BY $25,000 EACH SUBSEQUENT YEAR THROUGH 2026. FORM 990, PART I, LINE 1 ORGANIZATION STRUCTURE AND OPERATION THE UNIVERSITY OF KENTUCKY OPERATES THE CORPORATION AS A COST CENTER WITHIN ITS CONSOLIDATED FINANCIAL STATEMENTS. THE AMOUNTS REFLECTED ON THIS RETURN ARE FOR THE UNIVERSITY HUMANITIES DEPARTMENT COST CENTER AND INCLUDE FUNDS DEPOSITED OR DISBURSED DIRECTLY BY THE UNIVERSITY UNDER ITS EMPLOYER IDENTIFICATION NUMBER (EIN) RATHER THAN THAT OF THE CORPORATION. INDEPENDENT CONTRACTORS, IF APPLICABLE, ARE PAID UNDER THE UNIVERSITY'S EIN AND IRS FORM 1099S ARE ISSUED UNDER UNIVERSITY'S EIN AS WELL. 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: CHRISTIAN BRADY, ELI CAPILOUTO, JENNIFER COFFMAN, PENNY COX, ROBERT DIPAOLA, RILEY DROPPLEMAN, MELODY FLOWERS, AND MELYNDA PRICE. 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 BOARD OFFICERS PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. THE RETURN IS PROVIDED TO ALL BOARD MEMBERS AFTER THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS THE ORGANIZATION IS ADMINISTERED IN ACCORDANCE WITH POLICIES AND PROCEDURES THAT GOVERN THE UNIVERSITY OF KENTUCKY. THE UNIVERSITY'S ETHICAL PRINCIPLES AND CODE OF CONDUCT DEFINES THE UNIVERSITY'S CORE VALUE AND ESTABLISHES GUIDELINES FOR PROFESSIONAL CONDUCT INCLUDING CONFLICT OF INTEREST. ALL UNIVERSITY MEMBERS SHALL AVOID CONDUCT THAT MIGHT IN ANY WAY LEAD MEMBERS OF THE GENERAL PUBLIC TO CONCLUDE THAT HE OR SHE IS USING AN OFFICIAL POSITION TO FURTHER PROFESSIONAL OR PRIVATE INTERESTS OR THE INTERESTS OF ANY MEMBERS OF HIS OR HER FAMILY. IN CONDUCTING OR PARTICIPATING IN ANY TRANSACTION, FULL DISCLOSURE OF ANY REAL OR PERCEIVED CONFLICT WITH PERSONAL INTERESTS AND REMOVAL FROM FURTHER PARTICIPATION IN SUCH MATTERS IS REQUIRED. ADMINISTRATIVE REGULATION 7:2 CONFLICTS OF INTEREST IN RESEARCH AND ADMINISTRATIVE REGULATION 7:9 INSTITUTIONAL CONFLICTS OF INTEREST INVOLVING RESEARCH SET FORTH SPECIFIC RELATIONSHIPS AND ACTIVITIES THAT POSE A POTENTIAL CONFLICT OF INTEREST FOR FACULTY, STAFF, AND STUDENTS INVOLVED IN RESEARCH AND RELATED ACTIVITIES. AFTER DISCLOSURE, THE UNIVERSITY CAN MAKE AN INFORMED JUDGMENT ABOUT A PARTICULAR ACTIVITY AND REQUIRE APPROPRIATE OVERSIGHT, LIMITATIONS, OR PROHIBITIONS IN ACCORD WITH THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION REVIEW AND APPROVAL PROCESS - OFFICERS THE UNIVERSITY PRESIDENT'S COMPENSATION IS ESTABLISHED AND APPROVED BY THE BOARD OF TRUSTEES OF THE UNIVERSITY OF KENTUCKY. THE PRESIDENT IS OFFERED A MULTI-YEAR CONTRACT WHICH OUTLINES BASE SALARY, VARIABLE PAY, BENEFITS AND OTHER PERQUISITES. THIS TOTAL COMPENSATION PACKAGE IS BENCHMARKED WITH OTHER LAND GRANT INSTITUTIONS WITH ACADEMIC MEDICAL CENTERS. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION REVIEW AND APPROVAL PROCESS - OTHER EMPLOYEES THE UNIVERSITY EMPLOYS EXECUTIVES AND ATHLETIC COACHES IN NON-GRADED EXEMPT POSITIONS. OTHER THAN THE PRESIDENT, THESE EXECUTIVES/COACHES ARE PRESENTED WITH AN OFFER LETTER THAT OUTLINES THEIR BASE SALARY, VARIABLE PAY (IF APPLICABLE) AND PERQUISITES. EMPLOYEE BENEFITS OTHER THAN RETIREMENT CONTRIBUTIONS ARE OFFERED AT THE SAME LEVEL AS STAFF EMPLOYEES. RETIREMENT CONTRIBUTIONS BY THE INSTITUTION FOR SENIOR EXECUTIVES MAY BE AT A HIGHER LEVEL (E.G. 15% EMPLOYER CONTRIBUTION) FOR SOME EXECUTIVES. BASE SALARIES AND VARIABLE PAY ARE BENCHMARKED WITH THE UNIVERSITIES' BENCHMARK INSTITUTIONS, IN ADDITION TO REGIONAL AND NATIONAL HEALTH CARE AND BUSINESS ENTITIES. TOTAL COMPENSATION OFFERED TO THESE EXECUTIVE INDIVIDUALS AND COACHES IS APPROVED BY THE PRESIDENT OF THE UNIVERSITY OR HIS DESIGNEE, ATHLETICS DIRECTOR IF COACH COMPENSATION IS LESS THAN $75,000. FORM 990, PART VI, SECTION C, LINE 19 OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE DISCLOSED ON THE UNIVERSITY OF KENTUCKY'S WEBSITE. THE ORGANIZATION IS ADMINISTERED IN ACCORDANCE WITH POLICIES AND PROCEDURES THAT GOVERN THE UNIVERSITY OF KENTUCKY. THE UNIVERSITY'S ADMINISTRATIVE REGULATIONS AND ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE AT WWW.UKY.EDU/UFS/FINANCIAL-STATEMENTS. UNIVERSITY OF KENTUCKY 301 PETERSON SERVICE BUILDING LEXINGTON KY 40506 616001218 HIGHER ED KY NA false false true false false false false false false false false false false false false false false false false false UNIVERSITY OF KENTUCKY B 14212 COST