2024-05-07T08:17:50-05:00 2023-06-30 390758449 WIPFLI LLP 170 N RADNOR-CHESTER RD SUITE 200 RADNOR PA 19087 990 2022-07-01 455276699 UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUND INC UNIV 4143526000 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 THOMAS W FLORSHEIM JR CHAIRMAN 4143526000 2024-05-07 1 THOMAS FLORSHEIM JR 999009999 0 SOLOMON MARDAKHAEV P01806552 6105653930 2024-05-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS W FLORSHEIM JR 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 6294418 0 X WWW.USM.ORG X 2011 WI TO SUPPORT THE UNIVERSITY SCHOOL OF MILWAUKEE IN THE FULFILLMENT OF ITS EDUCATIONAL PURPOSES. 11 10 0 10 0 39826 1592482 832746 0 0 767844 442573 0 0 2360326 1275319 3911800 4497101 0 0 0 0 0 0 0 337762 467709 4249562 4964810 -1889236 -3689491 88205630 93053217 214188 275457 87991442 92777760 TO SUPPORT THE UNIVERSITY SCHOOL OF MILWAUKEE IN THE FULFILLMENT OF ITS EDUCATIONAL PURPOSES. 0 0 4829392 4497101 0 THE UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUNDS, INC IS AN INVESTMENT VEHICLE TO PROVIDE ESSENTIAL SUPPORT OF THE UNIVERSITY SCHOOL OF MILWAUKEE. THESE INVESTMENTS, MANY OF WHICH HAVE BEEN ESTABLISHED AS NAMED FUNDS BY OUR DONORS, PROVIDE IMPORTANT FUNDING OF ACADEMIC AND CO-CURRICULAR PROGRAMS, FACULTY AND STAFF COMPENSATION, FINANCIAL AID, CURRICULUM DEVELOPMENT AND CAMPUS MAINTENANCE NOT COVERED BY TUITION AND OTHER REVENUES. 4829392 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 10 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 WI X EDWARD FEEST 4143526000 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 STEVEN HANCOCK HEAD OF SCHOOL, EX OFFICIO 1.00 40.00 X X 0 393433 28268 THOMAS FLORSHEIM JR CHAIRMAN 1.00 X X 0 0 0 C FREDERICK GEILFUSS SECRETARY/TREASURER 1.00 X X 0 0 0 STEPHEN GUY EX OFFICIO (THRU 06/23) 1.00 1.00 X 0 0 0 DAVID LUBAR DIRECTOR 1.00 X 0 0 0 LINDA MELLOWES DIRECTOR 1.00 X 0 0 0 ALICE READ DIRECTOR 1.00 X 0 0 0 ANN REINKE DIRECTOR 1.00 X 0 0 0 FREDERICK P STRATTON JR DIRECTOR 1.00 X 0 0 0 WILLIAM WERNECKE JR DIRECTOR 1.00 X 0 0 0 SARAH ZIMMERMAN DIRECTOR 1.00 X 0 0 0 WESTON OUTLAW CHIEF FINANCIAL OFFICER (BEG. 06/23) 1.00 40.00 X 0 0 0 KELLY MCGUIRE CHIEF FINANCIAL OFFICER (THRU 01/23) 1.00 40.00 X 0 164663 17446 0 558096 45714 0 0 1 0 0 832746 112832 832746 5709 5709 5455963 5019099 436864 436864 436864 1275319 0 0 442573 4497101 4497101 8600 8600 126818 126818 522 522 6033 6033 PROF. DEVELOPMENT 302147 302147 23589 23589 4964810 4829392 135418 0 498579 109864 250761 22672 133295 233487 87305400 92669005 17595 18189 88205630 93053217 214188 275457 214188 275457 X 31705716 32592388 56285726 60185372 87991442 92777760 88205630 93053217 -3689491 8475809 0 X 0 1 X 1 0 X X 1 THE UNIVERSITY SCHOOL OF MILWAUKEE 396076442 2 1 4497101 0 1 4497101 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 87991442 899453 8800164 4904699 8600 92777760 98763807 1763702 -8238752 4290115 7200 87991442 80091021 557401 22670092 4544007 10700 98763807 80834609 1796505 1255137 3787730 7500 80091021 76128080 1598134 6728946 3613551 7000 80834609 0.35130 0.44599 0.20272 0 0 0 MULTI-STRATEGY EQUITY FUND 63313033 F MULTI-STRATEGY BOND FUND 13380655 F PRIVATE PLACEMENT EQUITY FUNDS 15947286 F EQUITY SECURITIES 28031 F 92669005 DUE TO RELATED PARTY 275457 275457 9691017 8475809 66707 8542516 1148501 126818 126818 1275319 4904699 66707 66707 4837992 126818 126818 4964810 PART V, LINE 4: ENDOWMENT FUNDS ARE INVESTED FOR THE LONG-TERM, CREATING A PERMANENT SOURCE OF FUNDING FOR ONGOING PRIORITIES, SUCH AS INSTRUCTION, SCHOLARSHIP, AND OTHER PURPOSES. ONLY A PORTION OF THE INCOME EARNED ANNUALLY IS USED TO SUPPORT THESE PRIORITIES. THE BALANCE OF THE EARNING IS CHANNELED BACK INTO THE FUND, SO THAT THE ENDOWMENT CONTINUES TO GROW OVER TIME. 1 UNIVERSITY SCHOOL OF MILWAUKEE 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 396076442 501(C)(3) 4497101 0 SUPPORT FOR THE OPERATION OF THE UNIVERSITY SCHOOL OF MILWAUKEE CORPORATION 1 0 PART I, LINE 2: ALL FINANCIAL AID GRANTS AND SCHOLARSHIPS ARE MONITORED BY THE ADVANCEMENT DEPARTMENT TO ENSURE THAT THE FUNDS ARE USED IN THE MANNER SET BY DONOR OR ENDOWED FUND FOR WHICH THE GRANT WAS GIVEN. 0 0 0 0 0 0 0 0 0 STEVEN HANCOCK HEAD OF SCHOOL, EX OFFICIO 0 390680 0 1669 0 1084 0 22604 0 5664 0 421701 0 0 KELLY MCGUIRE CHIEF FINANCIAL OFFICER (THRU 01/23) 0 162656 0 1654 0 353 0 11782 0 5664 0 182109 0 0 PART I, LINE 3 THE FILING ORGANIZATION RELIES UPON A RELATED ORGANIZATION TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR. THE FOLLOWING METHODS ARE USED BY THE RELATED ORGANIZATION TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: - COMPNESATION COMMITTEE - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE X 7 112832 SELLING PRICE 0 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). PART I, LINE 32B: A BROKERAGE COMPANY IS USED TO SELL STOCK CONTRIBUTIONS MADE TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 THOMAS FLORSHEIM, JR. AND FREDERICK P. STRATTON, JR. HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUND, INC. HAS A SINGLE CLASS OF VOTING MEMBERS, AND THE SOLE MEMBER OF THAT CLASS IS THE UNIVERSITY SCHOOL OF MILWAUKEE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER OF THE UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUND, INC. APPOINTS ALL MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER OF THE UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUND, INC. HAS THE RIGHT TO AMEND THE ARTICLES OF INCORPORATION AND AMEND THE BYLAWS OF THE ORGANIZATION. THE FOLLOWING ACTIONS MAY ONLY BE TAKEN WITH APPROVAL OF THE SOLE MEMBER: MERGER, CONSOLIDATION, OR DISSOLUTION; THE CREATION OF ANY SUBSIDIARIES OR AFFILIATES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHAIRMAN OF THE ENDOWMENT BOARD AND THE SECRETARY OF THE ENDOWMENT BOARD. THE FORM 990 IS MADE AVAILABLE THROUGH A SECURE PORTAL FOR THE ENDOWMENT BOARD TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE RESPONSIBILITY OF THE PERSON INVOLVED OR ANY OTHER PERSON WITH KNOWLEDGE TO NOTIFY IN WRITING, THE BOARD'S COMMITTEE ON TRUSTEES OF THE CIRCUMSTANCES RESULTING IN THE POTENTIAL CONFLICT SO THAT THE COMMITTEE CAN PROVIDE GUIDANCE AND TAKE ACTION AS IT DEEMS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE UNIVERSITY SCHOOL OF MILWAUKEE 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 396076442 SCHOOL WI 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0