2023-05-15T09:25:30-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 4334 MUNSON STREET SUITE 200 CANTON OH 44718 990 2021-07-01 346575496 THE UNIVERSITY OF AKRON FOUNDATION UNIV 3309726436 302 BUCHTEL COMMON AKRON OH 443256220 DENNY CLUTTER ASSISTANT TREASURER 3309726388 2023-05-15 1 DENNY CLUTTER 999009999 JENNIFER COLEMAN P00743188 3304972000 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z KIMBERLY COLE 302 BUCHTEL COMMON AKRON OH 443256220 32073714 0 X WWW.UAKRON.EDU/TREASURER/UAF.DOT X 1966 OH TO MANAGE PROPERTY, INVESTMENTS AND CERTAIN EXPENDITURES FOR THE BENEFIT OF THE UNIVERSITY OF AKRON. 52 49 0 560 0 0 12964699 17369913 0 0 16741516 9324658 0 0 29706215 26694571 12041285 12037002 0 0 0 0 0 0 262017 4393192 5387750 16434477 17424752 13271738 9269819 253522998 239703778 11361865 9471028 242161133 230232750 X THE MISSION OF THE UNIVERSITY OF AKRON FOUNDATION (UAF) IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF AKRON (UA), INCLUDING BUT NOT LIMITED TO RECEIVING, HOLDING, INVESTING, AND ADMINISTERING PROPERTY FOR THE BENEFIT OF UA, AND BY MAKING EXPENDITURES TO OR FOR THE BENEFIT OF UA. 0 0 4791506 4791506 ACADEMIC SUPPORT: THE UNIVERSITY OF AKRON FOUNDATION PROVIDES MANY OPPORTUNITIES FOR STUDENTS AND FACULTY TO GROW AND EXCEL THROUGH ACADEMIC SUPPORT. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, THE FOUNDATION HELPED FUND 78 COLLEGE AND DEPARTMENT ACCOUNTS, 15 ACADEMIC CHAIR ACCOUNTS, 14 LECTURESHIP ACCOUNTS, 13 FELLOWSHIP ACCOUNTS, 13 INTERNSHIP ACCOUNTS, 8 PROFESSORSHIP ACCOUNTS, 5 INSTITUTE ACCOUNTS, 2 PRE-COLLEGE PROGRAM ACCOUNTS, 2 CENTER ACCOUNTS, AND THE HISTORY OF PSYCHOLOGY ARCHIVE ACCOUNT AT THE UNIVERSITY OF AKRON. 2866568 2866568 PHYSICAL IMPROVEMENTS AND OPERATIONAL SUPPORT: THE UNIVERSITY OF AKRON FOUNDATION CONTINUES TO SUPPORT THE UNIVERSITY OF AKRON CAMPUS ENHANCEMENTS BY FUNDING OR HELPING TO FUND PHYSICAL IMPROVEMENTS. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, THE FOUNDATION PROVIDED $180,000 TOWARDS THE UNIVERSITY'S CAMERA INITIATIVE TO IMPROVE SAFETY AND SECURITY. 4079939 4079939 STUDENT FINANCIAL AID: ONE OF THE FOUNDATION'S OBJECTIVES IS TO ASSIST THE UNIVERSITY OF AKRON WITH FUNDING FOR STUDENT FINANCIAL AID. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, THE FOUNDATION PROVIDED FUNDING FOR MORE THAN 730 SCHOLARSHIP ACCOUNTS WITHIN THE UNIVERSITY OF AKRON. 298989 298989 AUXILLIARY PROGRAMS: THE UNIVERSITY OF AKRON FOUNDATION PROVIDED DONOR-DESIGNATED FINANCIAL ASSISTANCE TO THE ATHLETIC PROGRAM, THE PERFORMING ARTS HALL AT THE UNIVERSITY OF AKRON, AND HOWER HOUSE, AN HISTORIC BUILDING OWNED BY THE UNIVERSITY OF AKRON. 298989 298989 12037002 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 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 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 52 49 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 OH X DENNY CLUTTER 3309726436 302 BUCHTEL COMMON AKRON OH 443256220 X PHILIP A LLOYD DIRECTOR AND CHAIR 1.40 X X 0 0 0 KATHLEEN A COLEMAN DIRECTOR AND FORMER VICE CHAIR 0.90 X X 0 0 0 PAMELA S WILLIAMS DIRECTOR AND VICE CHAIR 0.90 X X 0 0 0 KATHRYN W DINDO DIRECTOR AND VICE CHAIR 0.90 X X 0 0 0 JOHN R ADAMS DIRECTOR 0.30 X 0 0 0 LARRY W ALLEN DIRECTOR 0.10 X 0 0 0 FRANK P BEVILACQUA DIRECTOR 0.20 X 0 0 0 EILEEN E BURG FORMER DIRECTOR 0.30 X 0 0 0 MARK T CLARK FORMER DIRECTOR 0.30 X 0 0 0 MARY LYNN CROWLEY FORMER DIRECTOR 0.30 X 0 0 0 JAMES N CRUTCHFIELD FORMER DIRECTOR 0.20 X 0 0 0 SAMUEL D DESHAZIOR DIRECTOR 0.20 X 0 0 0 CARINA S DIAMOND DIRECTOR 0.30 X 0 0 0 LAURA DUDA DIRECTOR 0.20 X 0 0 0 GEORGE L FARRIS II FORMER DIRECTOR 0.30 X 0 0 0 DENNIS H GARTMAN DIRECTOR 0.80 X 0 0 0 CHRISTOPHER V GOFF DIRECTOR 0.10 X 0 0 0 DAVID M GRUBB DIRECTOR 0.20 X 0 0 0 JOSEPH C HETE DIRECTOR 0.10 X 0 0 0 RAYMOND K LEE DIRECTOR 0.20 X 0 0 0 RAJKUMAR MAKAM DIRECTOR 0.20 X 0 0 0 JAMES D MCCOOL DIRECTOR 0.30 X 0 0 0 THEODORA MUSSON DIRECTOR 0.20 X 0 0 0 STEPHEN E MYERS FORMER DIRECTOR 0.50 X 0 0 0 DIANNE R NEWMAN FORMER DIRECTOR 0.10 X 0 0 0 VANITA OELSCHLAGER FORMER DIRECTOR 0.30 X 0 0 0 SANDRA PIANALTO DIRECTOR 0.20 X 0 0 0 RICHARD W POGUE FORMER DIRECTOR 0.40 X 0 0 0 JAMES M PULK FORMER DIRECTOR 0.30 X 0 0 0 JOESPH E REECE DIRECTOR 0.30 X 0 0 0 LAWRENCE J RYBKA DIRECTOR 0.30 X 0 0 0 REBECCA SLAYMAN-GALLAGHER DIRECTOR 0.20 X 0 0 0 CRAIG S TAYLOR DIRECTOR 0.10 X 0 0 0 PHILIP S THOMPSON DIRECTOR 0.30 X 0 0 0 MARLENE K TOOT DIRECTOR 0.30 X 0 0 0 SUSAN S WAGSTAFF FORMER DIRECTOR 0.30 X 0 0 0 PAUL SMUCKER WAGSTAFF DIRECTOR 0.10 X 0 0 0 GLEN L STEPHENS DIRECTOR 0.10 X 0 0 0 HALLE G JONES CAPERS DIRECTOR 0.10 X 0 0 0 IRVIN J MUSSON SECRETARY 1.00 X 0 0 0 DURIYA A DHINJWALA DIRECTOR 0.10 X 0 0 0 GEORGE W DAVERIO JR DECEASED FORMER DIRECTOR 0.10 X 0 0 0 NICHOLAS A CUMMINGS DECEASED FORMER DIRECTOR 0.10 X 0 0 0 SAMIR G GIBARA FORMER DIRECTOR 0.10 X 0 0 0 DALLAS GRUNDY TREASURE AS OF 10/1 0.40 39.60 X X 0 317000 49632 GARY L MILLER EX-OFFICIO DIRECTOR 0.40 39.60 X X 0 523553 60842 REX D RAMSIER EX-OFFICIO DIRECTOR 0.40 39.60 X X 0 307014 74356 JOSEPH URGO EX-OFFICIO DIRECTOR 0.40 39.60 X X 0 214778 54106 JOHN WIENCEK EX-OFFICIO DIRECTOR 0.40 39.60 X X 0 343952 65047 KIMBERLY M COLE EXECUTIVE DIRECTOR 10.00 30.00 X 0 165454 34834 NATHAN J MORTIMER FORMER TREASURER 4.00 36.00 X 0 202427 42338 DENNY CLUTTER ASSISTANT TREASURER 39.00 1.00 X 0 84171 21707 0 2158349 402862 0 0 1 0 FIRST AMERICAN TITLE INSURANCE COMPANY 99 HUDSON 3RD FLOOR NEW YORK NY 10013 PROFESSIONAL CONSULTING 190043 BUCKINGHAM DOOLITTLE & BURROUGHS DEPT 781184 PO BOX 78000 DETROIT MI 482781184 PROFESSIONAL LEGAL FEES 103109 2 66805 17303108 1270826 17369913 2663221 2663221 12040580 5379143 6661437 6661437 6661437 26694571 0 0 9324658 12037002 12037002 372874 276933 95941 43303 43303 35858 35858 3415234 3415234 237508 237508 44420 11105 33315 129598 129598 5687 5687 20430 20430 PAYMENTS TO ANNUITANTS 904333 904333 PUBLIC RELATIONS 167806 35045 132761 MISCELLANEOUS EXPENSES 10187 10187 PROPERTY EXPENSES 512 512 17424752 12037002 5125733 262017 4076574 9322467 5090464 5775590 10093331 11988954 2947600 406890 230000 220884 747900 747900 747900 23109313 17707415 206878939 193185246 348877 348432 253522998 239703778 198094 562918 28500 28500 5000 5000 11130271 8874610 11361865 9471028 X 9387629 9281660 232773504 220951090 242161133 230232750 253522998 239703778 9269819 -21198202 0 X X 0 1 X 0 0 X 27407467 12579004 10861977 12964699 17369913 81183060 27407467 12579004 10861977 12964699 17369913 81183060 18629212 62553848 5094143 5456081 5357160 3301044 2663221 21871649 41257 13174 1945 32797 89173 103143882 0.60650 0.56890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 193044771 7961689 -10892762 2358946 2584250 3159434 182011068 151414946 6011652 43439991 2736582 2884739 2200497 193044771 150383260 7740194 -2308033 1634199 1112987 1653289 151414946 136212143 16428615 3826402 2742530 1777258 1564112 150383260 122342312 10410124 8240911 1744881 1590537 1445786 136212143 0.02160 0.11300 0.86540 0 1 1 747900 747900 747900 INTEREST IN UA FOUNDATION FUND LP 193185246 C 193185246 ACTUARIAL LIABILITY FOR UNITRUST/AN 8874610 8874610 1176802 -21198202 -21198202 22375004 3415234 904333 4319567 26694571 13105185 0 13105185 3415234 904333 4319567 17424752 PART IV, LINE 2B: THE BALANCE ON FORM 990, PART X, LINE 21 REPRESENTS THE LIABILITY BALANCE THE FOUNDATION HOLDS RELATING TO A FISCAL AGENCY AGREEMENT. THE BALANCE IS MADE UP OF A DEPOSIT FROM ONE NOT-FOR-PROFIT ORGANIZATION. THE $5,000 REPRESENTS A DEPOSIT FROM AMERICAN LEGION POST 808. POST 808 MANAGES ALL DEPOSITS AND WITHDRAWALS IN THEIR RESTRICTED ACCOUNT. PART V, LINE 4: DISTRIBUTIONS FROM ENDOWMENT FUNDS ARE USED AS DONORS HAVE STIPULATED OR AS THE FOUNDATION BOARD HAS DESIGNATED. THIS INCLUDES, BUT IS NOT LIMITED TO SCHOLARSHIPS, FELLOWSHIPS, LECTURESHIPS, INTERNSHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, ASSISTANCE TO THE UNIVERSITY OF AKRON COLLEGES AND DEPARTMENTS, CAPITAL IMPROVEMENTS, AS WELL AS SUPPORT OF THE ATHLETIC PROGRAM, THE PERFORMING ARTS HALL, AND HOWER HOUSE. PART XI, LINE 4B - OTHER ADJUSTMENTS: PAYMENTS TO ANNUITANTS 904,333. PART XII, LINE 4B - OTHER ADJUSTMENTS: PAYMENTS TO ANNUITANTS 904,333. 1 THE UNIVERSITY OF AKRON 302 BUCHTEL COMMON AKRON OH 44325 346002924 501(C)(3) 12037002 0 SEE PART IV 1 0 PART I, LINE 2: UA IS THE SOLE BENEFICIARY OF ASSISTANCE FROM UAF. THE RESTRICTIONS DONORS PLACE ON THEIR CONTRIBUTIONS DETERMINE HOW FUNDS CAN BE USED FOR OR ON BEHALF OF UA. UAF REQUIRES THAT A UA RESTRICTED ACCOUNT BE SET UP FOR EACH DONOR RESTRICTION. THE CONTROLLER'S OFFICE AND RESPECTIVE DEPARTMENTS AT UA ARE SUPPLIED WITH COPIES OF THE DONOR AGREEMENT WHICH LISTS ANY RESTRICTIONS. THE UA ACCOUNT NUMBER IS AN ATTRIBUTE OF THE UAF ACCOUNT WITHIN UAF'S GENERAL LEDGER SYSTEM AND UAF'S ACCOUNT IS ALSO AN ATTRIBUTE OF THE UA ACCOUNT WITHIN UA'S ACCOUNTING DATABASE. THESE CORRESPONDING ATTRIBUTES ARE USED TO TRACK THAT THE FUNDS TRANSFERRED BY UAF ARE DEPOSITED INTO THE APPROPRIATE UA ACCOUNTS. THE EMPLOYEES IN THE CONTROLLER'S OFFICE USE THE DONOR AGREEMENTS TO CONFIRM EXPENDITURES MEET ANY DONOR RESTRICTIONS. PART II, LINE 1H THE UNIVERSITY OF AKRON FOUNDATION'S PURPOSE IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF UA. THE FUNDS TRANSFERRED TO UA ARE TO BE USED FOR MANY PURPOSES INCLUDING, BUT NOT LIMITED TO, SCHOLARSHIPS, FELLOWSHIPS, LECTURESHIPS, INTERNSHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, ASSISTANCE TO UA COLLEGES AND DEPARTMENTS, CAPITAL IMPROVEMENTS, AS WELL AS SUPPORT OF THE ATHLETIC PROGRAM, THE PERFORMING ARTS HALL, AND HOWER HOUSE. 1 0 1 0 0 0 0 0 0 0 GARY L MILLER EX-OFFICIO DIRECTOR 0 464671 0 0 0 58882 0 34509 0 26333 0 584395 0 0 JOHN WIENCEK EX-OFFICIO DIRECTOR 0 343952 0 0 0 0 0 36959 0 28088 0 408999 0 0 REX D RAMSIER EX-OFFICIO DIRECTOR 0 302112 0 0 0 4902 0 34509 0 39847 0 381370 0 0 DALLAS GRUNDY TREASURE AS OF 10/1 0 316512 0 0 0 488 0 37663 0 11969 0 366632 0 0 JOSEPH URGO EX-OFFICIO DIRECTOR 0 214016 0 0 0 762 0 30800 0 23306 0 268884 0 0 NATHAN J MORTIMER FORMER TREASURER 0 179574 0 0 0 22853 0 25918 0 16420 0 244765 0 0 KIMBERLY M COLE EXECUTIVE DIRECTOR 0 165316 0 0 0 138 0 23562 0 11272 0 200288 0 0 PART I, LINE 4B IN CALENDAR YEAR 2021, NATHAN MORTIMER CONTRIBUTED $18,720, GARY MILLER CONTRIBUTED $26,000, AND JOHN WIENCEK CONTRIBUTED $26,000 TO THE UNIVERSITY OF AKRON'S 457(B) PLAN. NO DISTRIBUTIONS WERE MADE FROM THE UNIVERSITY OF AKRON'S 457(B) PLAN DURING CALENDAR YEAR 2021. PART I, LINE 2 THE FOUNDATION DID NOT PROVIDE ANY OF THE ITEMS LISTED IN 1A TO OR FOR A PERSON LISTED ON FORM 990, PART VII, SECTION A, LINE 1A. HOWEVER, IF THERE WERE SUCH EXPENSES, THE FOUNDATION'S POLICIES AND PROCEDURES MANUAL REQUIRES SUBSTANTIATION PRIOR TO ANY DISBURSEMENTS. PART I, LINE 3 THE FOUNDATION DOES NOT PROVIDE COMPENSATION TO ITS EXECUTIVE DIRECTOR OR ANY OTHER OFFICER OR DIRECTOR. X 71 1270826 GIFT DATE MKT QUOTES 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE FOUNDATION, BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, HAS ALL THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE FOUNDATION, EXCEPT AS SUCH AUTHORITY IS LIMITED BY STATUTE OR RESOLUTION OF THE BOARD OF DIRECTORS. ACCORDING TO THE FOUNDATION'S CODE OF REGULATIONS, THE BOARD OF DIRECTORS SHALL APPOINT AN EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT OF THE UNIVERSITY OF AKRON (UA), THE SENIOR DEVELOPMENT OFFICER OF UA, THE CHIEF ACADEMIC OFFICER OF UA, THE CHIEF FINANCIAL OFFICER OF UA, THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, ASSISTANT TREASURER, AND EXECUTIVE DIRECTOR OF THE FOUNDATION, AND NOT LESS THAN TWO OTHER VOTING DIRECTORS WHO ARE MEMBERS OF THE COMMUNITY AT LARGE, AND WHO ARE NOT FULL-TIME EMPLOYEES OF UA OR ITS GOVERNING BOARD. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, ALL MEMBERS OF THE EXECUTIVE COMMITTEE WERE VOTING MEMBERS EXCEPT FOR THE EXECUTIVE DIRECTOR, TREASURER, AND ASSISTANT TREASURER OF THE FOUNDATION, WHO ARE NON-VOTING MEMBERS. EACH VOTING MEMBER OF THE EXECUTIVE COMMITTEE IS ALSO A VOTING MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING FAMILY RELATIONSHIPS AMONG THE BOARD OF DIRECTORS EXIST: PHIL LLOYD, CHAIR, IS THE HUSBAND OF MARGARET LLOYD, MEMBER OF THE STEWARDSHIP & WOMEN IN PHILATHROPY COMMITTEE; IRVIN MUSSON, SECRETARY, IS THE HUSBAND OF THEODORA MUSSON, DIRECTOR; AND PAUL WAGSTAFF, DIRECTOR, IS THE SON OF SUSAN WAGSTAFF, DIRECTOR; HOWEVER SUSAN IS NOW DECEASED (FEBRUARY 5, 2022). FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE FOUNDATION'S EXECUTIVE COMMITTEE IN ELECTRONIC FORM. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE DIRECTORS AND OFFICERS OF THE FOUNDATION COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THE QUESTIONNAIRE IS DESIGNED TO BRING TO LIGHT ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE EXECUTIVE DIRECTOR OF THE FOUNDATION REVIEWS THE QUESTIONNAIRES AND IS CHARGED WITH INFORMING THE BOARD OF POTENTIAL CONFLICTS. BOARD MEMBERS RECUSE THEMSELVES FROM VOTING WHEN THEY HAVE A CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION B, LINE 13: THE FOUNDATION HAS NO EMPLOYEES, THUS ELIMINATING THE NEED FOR A WHISTLE-BLOWER POLICY. FORM 990, PART VI, SECTION B, LINE 14: THE FOUNDATION'S RECORDS ARE MAINTAINED BY EMPLOYEES OF THE UNIVERSITY OF AKRON WHO FOLLOW THE UNIVERSITY'S DOCUMENT RETENTION AND DESTRUCTION POLICY. FORM 990, PART VI, SECTION B, LINE 15: THE FOUNDATION DOES NOT MAINTAIN ANY EMPLOYEES. THE EMPLOYEES WHO DO WORK FOR THE FOUNDATION ARE UNIVERSITY EMPLOYEES. FORM 990, PART VII, SECTION A, LINE 3: THE TERM FOR OFFICERS AND DIRECTORS FOR THE UNIVERSITY OF AKRON FOUNDATION RUNS FROM OCTOBER 1 TO SEPTEMBER 30. FORM 990, PART XII, LINE 2C: THE FOUNDATION DOES NOT HAVE A SEPARATE COMMITTEE FOR AUDIT OVERSIGHT. HOWEVER, AUDIT RESULTS ARE REVIEWED WITH THE FOUNDATION'S BOARD OF DIRECTORS. ADDITIONALLY, SINCE IT IS A COMPONENT UNIT OF THE UNIVERSITY OF AKRON, THE UNIVERSITY'S BOARD OF TRUSTEES AND AUDIT COMMITTEE PARTICIPATE IN THE FOUNDATION'S FINANCIAL STATEMENT AUDIT. THE FOUNDATION'S INDEPENDENT AUDITOR IS SELECTED IN CONJUNCTION WITH THE UNIVERSITY OF AKRON, WHICH IS THROUGH THE OHIO AUDITOR OF STATE'S BID PROCESS. THE UNIVERSITY OF AKRON 302 BUCHTEL COMMON AKRON OH 44325 346002924 HIGHER EDUCATION OH 501(C)(3) LINE 5 N/A 0 0 1 1 1 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0
This XML file does not appear to have any style information associated with it. The document tree is shown below.
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2021v4.2">
<ReturnHeader binaryAttachmentCnt="0">
<ReturnTs>2023-05-15T09:25:30-05:00</ReturnTs>
<TaxPeriodEndDt>2022-06-30</TaxPeriodEndDt>
<PreparerFirmGrp>
<PreparerFirmEIN>410746749</PreparerFirmEIN>
<PreparerFirmName>
<BusinessNameLine1Txt>CLIFTONLARSONALLEN LLP</BusinessNameLine1Txt>
</PreparerFirmName>
<PreparerUSAddress>
<AddressLine1Txt>4334 MUNSON STREET SUITE 200</AddressLine1Txt>
<CityNm>CANTON</CityNm>
<StateAbbreviationCd>OH</StateAbbreviationCd>
<ZIPCd>44718</ZIPCd>
</PreparerUSAddress>
</PreparerFirmGrp>
<ReturnTypeCd>990</ReturnTypeCd>
<TaxPeriodBeginDt>2021-07-01</TaxPeriodBeginDt>
<Filer>
<EIN>346575496</EIN>
<BusinessName>
<BusinessNameLine1Txt>THE UNIVERSITY OF AKRON FOUNDATION</BusinessNameLine1Txt>
</BusinessName>
<BusinessNameControlTxt>UNIV</BusinessNameControlTxt>
<PhoneNum>3309726436</PhoneNum>
<USAddress>
<AddressLine1Txt>302 BUCHTEL COMMON</AddressLine1Txt>
<CityNm>AKRON</CityNm>
<StateAbbreviationCd>OH</StateAbbreviationCd>
<ZIPCd>443256220</ZIPCd>
</USAddress>
</Filer>
<BusinessOfficerGrp>
<PersonNm>DENNY CLUTTER</PersonNm>
<PersonTitleTxt>ASSISTANT TREASURER</PersonTitleTxt>
<PhoneNum>3309726388</PhoneNum>
<SignatureDt>2023-05-15</SignatureDt>
<DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
</BusinessOfficerGrp>
<SigningOfficerGrp>
<PersonFullName>
<PersonFirstNm>DENNY</PersonFirstNm>
<PersonLastNm>CLUTTER</PersonLastNm>
</PersonFullName>
<SSN>999009999</SSN>
</SigningOfficerGrp>
<PreparerPersonGrp>
<PreparerPersonNm>JENNIFER COLEMAN</PreparerPersonNm>
<PTIN>P00743188</PTIN>
<PhoneNum>3304972000</PhoneNum>
<PreparationDt>2023-05-15</PreparationDt>
</PreparerPersonGrp>
<AdditionalFilerInformation>
<TrustedCustomerGrp>
<TrustedCustomerCd>3</TrustedCustomerCd>
<AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
<IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
</TrustedCustomerGrp>
</AdditionalFilerInformation>
<TaxYr>2021</TaxYr>
<BuildTS>2023-04-26 12:10:37Z</BuildTS>
</ReturnHeader>
<ReturnData documentCnt="9">
<IRS990 documentId="RetDoc1038000001" referenceDocumentId="RetDoc1044400001">
<PrincipalOfficerNm>KIMBERLY COLE</PrincipalOfficerNm>
<USAddress>
<AddressLine1Txt>302 BUCHTEL COMMON</AddressLine1Txt>
<CityNm>AKRON</CityNm>
<StateAbbreviationCd>OH</StateAbbreviationCd>
<ZIPCd>443256220</ZIPCd>
</USAddress>
<GrossReceiptsAmt>32073714</GrossReceiptsAmt>
<GroupReturnForAffiliatesInd>0</GroupReturnForAffiliatesInd>
<Organization501c3Ind>X</Organization501c3Ind>
<WebsiteAddressTxt>WWW.UAKRON.EDU/TREASURER/UAF.DOT</WebsiteAddressTxt>
<TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
<FormationYr>1966</FormationYr>
<LegalDomicileStateCd>OH</LegalDomicileStateCd>
<ActivityOrMissionDesc>TO MANAGE PROPERTY, INVESTMENTS AND CERTAIN EXPENDITURES FOR THE BENEFIT OF THE UNIVERSITY OF AKRON.</ActivityOrMissionDesc>
<VotingMembersGoverningBodyCnt>52</VotingMembersGoverningBodyCnt>
<VotingMembersIndependentCnt>49</VotingMembersIndependentCnt>
<TotalEmployeeCnt>0</TotalEmployeeCnt>
<TotalVolunteersCnt>560</TotalVolunteersCnt>
<TotalGrossUBIAmt>0</TotalGrossUBIAmt>
<NetUnrelatedBusTxblIncmAmt>0</NetUnrelatedBusTxblIncmAmt>
<PYContributionsGrantsAmt>12964699</PYContributionsGrantsAmt>
<CYContributionsGrantsAmt>17369913</CYContributionsGrantsAmt>
<PYProgramServiceRevenueAmt>0</PYProgramServiceRevenueAmt>
<CYProgramServiceRevenueAmt>0</CYProgramServiceRevenueAmt>
<PYInvestmentIncomeAmt>16741516</PYInvestmentIncomeAmt>
<CYInvestmentIncomeAmt>9324658</CYInvestmentIncomeAmt>
<PYOtherRevenueAmt>0</PYOtherRevenueAmt>
<CYOtherRevenueAmt>0</CYOtherRevenueAmt>
<PYTotalRevenueAmt>29706215</PYTotalRevenueAmt>
<CYTotalRevenueAmt>26694571</CYTotalRevenueAmt>
<PYGrantsAndSimilarPaidAmt>12041285</PYGrantsAndSimilarPaidAmt>
<CYGrantsAndSimilarPaidAmt>12037002</CYGrantsAndSimilarPaidAmt>
<PYBenefitsPaidToMembersAmt>0</PYBenefitsPaidToMembersAmt>
<CYBenefitsPaidToMembersAmt>0</CYBenefitsPaidToMembersAmt>
<PYSalariesCompEmpBnftPaidAmt>0</PYSalariesCompEmpBnftPaidAmt>
<CYSalariesCompEmpBnftPaidAmt>0</CYSalariesCompEmpBnftPaidAmt>
<PYTotalProfFndrsngExpnsAmt>0</PYTotalProfFndrsngExpnsAmt>
<CYTotalProfFndrsngExpnsAmt>0</CYTotalProfFndrsngExpnsAmt>
<CYTotalFundraisingExpenseAmt>262017</CYTotalFundraisingExpenseAmt>
<PYOtherExpensesAmt>4393192</PYOtherExpensesAmt>
<CYOtherExpensesAmt>5387750</CYOtherExpensesAmt>
<PYTotalExpensesAmt>16434477</PYTotalExpensesAmt>
<CYTotalExpensesAmt>17424752</CYTotalExpensesAmt>
<PYRevenuesLessExpensesAmt>13271738</PYRevenuesLessExpensesAmt>
<CYRevenuesLessExpensesAmt>9269819</CYRevenuesLessExpensesAmt>
<TotalAssetsBOYAmt>253522998</TotalAssetsBOYAmt>
<TotalAssetsEOYAmt>239703778</TotalAssetsEOYAmt>
<TotalLiabilitiesBOYAmt>11361865</TotalLiabilitiesBOYAmt>
<TotalLiabilitiesEOYAmt>9471028</TotalLiabilitiesEOYAmt>
<NetAssetsOrFundBalancesBOYAmt>242161133</NetAssetsOrFundBalancesBOYAmt>
<NetAssetsOrFundBalancesEOYAmt>230232750</NetAssetsOrFundBalancesEOYAmt>
<InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
<MissionDesc>THE MISSION OF THE UNIVERSITY OF AKRON FOUNDATION (UAF) IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF AKRON (UA), INCLUDING BUT NOT LIMITED TO RECEIVING, HOLDING, INVESTING, AND ADMINISTERING PROPERTY FOR THE BENEFIT OF UA, AND BY MAKING EXPENDITURES TO OR FOR THE BENEFIT OF UA.</MissionDesc>
<SignificantNewProgramSrvcInd>0</SignificantNewProgramSrvcInd>
<SignificantChangeInd>0</SignificantChangeInd>
<ExpenseAmt>4791506</ExpenseAmt>
<GrantAmt>4791506</GrantAmt>
<Desc>ACADEMIC SUPPORT: THE UNIVERSITY OF AKRON FOUNDATION PROVIDES MANY OPPORTUNITIES FOR STUDENTS AND FACULTY TO GROW AND EXCEL THROUGH ACADEMIC SUPPORT. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, THE FOUNDATION HELPED FUND 78 COLLEGE AND DEPARTMENT ACCOUNTS, 15 ACADEMIC CHAIR ACCOUNTS, 14 LECTURESHIP ACCOUNTS, 13 FELLOWSHIP ACCOUNTS, 13 INTERNSHIP ACCOUNTS, 8 PROFESSORSHIP ACCOUNTS, 5 INSTITUTE ACCOUNTS, 2 PRE-COLLEGE PROGRAM ACCOUNTS, 2 CENTER ACCOUNTS, AND THE HISTORY OF PSYCHOLOGY ARCHIVE ACCOUNT AT THE UNIVERSITY OF AKRON.</Desc>
<ProgSrvcAccomActy2Grp>
<ExpenseAmt>2866568</ExpenseAmt>
<GrantAmt>2866568</GrantAmt>
<Desc>PHYSICAL IMPROVEMENTS AND OPERATIONAL SUPPORT: THE UNIVERSITY OF AKRON FOUNDATION CONTINUES TO SUPPORT THE UNIVERSITY OF AKRON CAMPUS ENHANCEMENTS BY FUNDING OR HELPING TO FUND PHYSICAL IMPROVEMENTS. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, THE FOUNDATION PROVIDED $180,000 TOWARDS THE UNIVERSITY'S CAMERA INITIATIVE TO IMPROVE SAFETY AND SECURITY.</Desc>
</ProgSrvcAccomActy2Grp>
<ProgSrvcAccomActy3Grp>
<ExpenseAmt>4079939</ExpenseAmt>
<GrantAmt>4079939</GrantAmt>
<Desc>STUDENT FINANCIAL AID: ONE OF THE FOUNDATION'S OBJECTIVES IS TO ASSIST THE UNIVERSITY OF AKRON WITH FUNDING FOR STUDENT FINANCIAL AID. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, THE FOUNDATION PROVIDED FUNDING FOR MORE THAN 730 SCHOLARSHIP ACCOUNTS WITHIN THE UNIVERSITY OF AKRON.</Desc>
</ProgSrvcAccomActy3Grp>
<ProgSrvcAccomActyOtherGrp>
<ExpenseAmt>298989</ExpenseAmt>
<GrantAmt>298989</GrantAmt>
<Desc>AUXILLIARY PROGRAMS: THE UNIVERSITY OF AKRON FOUNDATION PROVIDED DONOR-DESIGNATED FINANCIAL ASSISTANCE TO THE ATHLETIC PROGRAM, THE PERFORMING ARTS HALL AT THE UNIVERSITY OF AKRON, AND HOWER HOUSE, AN HISTORIC BUILDING OWNED BY THE UNIVERSITY OF AKRON.</Desc>
</ProgSrvcAccomActyOtherGrp>
<TotalOtherProgSrvcExpenseAmt>298989</TotalOtherProgSrvcExpenseAmt>
<TotalOtherProgSrvcGrantAmt>298989</TotalOtherProgSrvcGrantAmt>
<TotalProgramServiceExpensesAmt>12037002</TotalProgramServiceExpensesAmt>
<DescribedInSection501c3Ind referenceDocumentId="RetDoc1039100001">1</DescribedInSection501c3Ind>
<ScheduleBRequiredInd referenceDocumentId="RetDoc1234500001">1</ScheduleBRequiredInd>
<PoliticalCampaignActyInd>0</PoliticalCampaignActyInd>
<LobbyingActivitiesInd>0</LobbyingActivitiesInd>
<SubjectToProxyTaxInd>0</SubjectToProxyTaxInd>
<DonorAdvisedFundInd referenceDocumentId="RetDoc1040000001">0</DonorAdvisedFundInd>
<ConservationEasementsInd referenceDocumentId="RetDoc1040000001">0</ConservationEasementsInd>
<CollectionsOfArtInd referenceDocumentId="RetDoc1040000001">0</CollectionsOfArtInd>
<CreditCounselingInd referenceDocumentId="RetDoc1040000001">0</CreditCounselingInd>
<DonorRstrOrQuasiEndowmentsInd>1</DonorRstrOrQuasiEndowmentsInd>
<ReportLandBuildingEquipmentInd referenceDocumentId="RetDoc1040000001">1</ReportLandBuildingEquipmentInd>
<ReportInvestmentsOtherSecInd referenceDocumentId="RetDoc1040000001">1</ReportInvestmentsOtherSecInd>
<ReportProgramRelatedInvstInd referenceDocumentId="RetDoc1040000001">0</ReportProgramRelatedInvstInd>
<ReportOtherAssetsInd referenceDocumentId="RetDoc1040000001">0</ReportOtherAssetsInd>
<ReportOtherLiabilitiesInd referenceDocumentId="RetDoc1040000001">1</ReportOtherLiabilitiesInd>
<IncludeFIN48FootnoteInd referenceDocumentId="RetDoc1040000001">0</IncludeFIN48FootnoteInd>
<IndependentAuditFinclStmtInd referenceDocumentId="RetDoc1040000001">1</IndependentAuditFinclStmtInd>
<ConsolidatedAuditFinclStmtInd referenceDocumentId="RetDoc1040000001">0</ConsolidatedAuditFinclStmtInd>
<SchoolOperatingInd>0</SchoolOperatingInd>
<ForeignOfficeInd>0</ForeignOfficeInd>
<ForeignActivitiesInd>0</ForeignActivitiesInd>
<MoreThan5000KToOrgInd>0</MoreThan5000KToOrgInd>
<MoreThan5000KToIndividualsInd>0</MoreThan5000KToIndividualsInd>
<ProfessionalFundraisingInd>0</ProfessionalFundraisingInd>
<FundraisingActivitiesInd>0</FundraisingActivitiesInd>
<GamingActivitiesInd>0</GamingActivitiesInd>
<OperateHospitalInd>0</OperateHospitalInd>
<GrantsToOrganizationsInd referenceDocumentId="RetDoc1041900001">1</GrantsToOrganizationsInd>
<GrantsToIndividualsInd referenceDocumentId="RetDoc1041900001">0</GrantsToIndividualsInd>
<ScheduleJRequiredInd referenceDocumentId="RetDoc1042400001">1</ScheduleJRequiredInd>
<TaxExemptBondsInd>0</TaxExemptBondsInd>
<EngagedInExcessBenefitTransInd>0</EngagedInExcessBenefitTransInd>
<PYExcessBenefitTransInd>0</PYExcessBenefitTransInd>
<LoanOutstandingInd>0</LoanOutstandingInd>
<GrantToRelatedPersonInd>0</GrantToRelatedPersonInd>
<BusinessRlnWithOrgMemInd>0</BusinessRlnWithOrgMemInd>
<BusinessRlnWithFamMemInd>0</BusinessRlnWithFamMemInd>
<BusinessRlnWith35CtrlEntInd>0</BusinessRlnWith35CtrlEntInd>
<DeductibleNonCashContriInd referenceDocumentId="RetDoc1042900001">1</DeductibleNonCashContriInd>
<DeductibleArtContributionInd referenceDocumentId="RetDoc1042900001">0</DeductibleArtContributionInd>
<TerminateOperationsInd>0</TerminateOperationsInd>
<PartialLiquidationInd>0</PartialLiquidationInd>
<DisregardedEntityInd referenceDocumentId="RetDoc1043400001">0</DisregardedEntityInd>
<RelatedEntityInd referenceDocumentId="RetDoc1043400001">1</RelatedEntityInd>
<RelatedOrganizationCtrlEntInd>0</RelatedOrganizationCtrlEntInd>
<TrnsfrExmptNonChrtblRltdOrgInd referenceDocumentId="RetDoc1043400001">0</TrnsfrExmptNonChrtblRltdOrgInd>
<ActivitiesConductedPrtshpInd referenceDocumentId="RetDoc1043400001">0</ActivitiesConductedPrtshpInd>
<ScheduleORequiredInd>1</ScheduleORequiredInd>
<IRPDocumentCnt>2</IRPDocumentCnt>
<IRPDocumentW2GCnt>0</IRPDocumentW2GCnt>
<EmployeeCnt>0</EmployeeCnt>
<UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
<ForeignFinancialAccountInd>0</ForeignFinancialAccountInd>
<ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
<TaxablePartyNotificationInd>0</TaxablePartyNotificationInd>
<NondeductibleContributionsInd>0</NondeductibleContributionsInd>
<QuidProQuoContributionsInd>0</QuidProQuoContributionsInd>
<Form8282PropertyDisposedOfInd>0</Form8282PropertyDisposedOfInd>
<RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
<PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
<IndoorTanningServicesInd>0</IndoorTanningServicesInd>
<SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
<SubjectToExcsTaxNetInvstIncInd>0</SubjectToExcsTaxNetInvstIncInd>
<InfoInScheduleOPartVIInd>X</InfoInScheduleOPartVIInd>
<GoverningBodyVotingMembersCnt>52</GoverningBodyVotingMembersCnt>
<IndependentVotingMemberCnt>49</IndependentVotingMemberCnt>
<FamilyOrBusinessRlnInd>1</FamilyOrBusinessRlnInd>
<DelegationOfMgmtDutiesInd>0</DelegationOfMgmtDutiesInd>
<ChangeToOrgDocumentsInd>0</ChangeToOrgDocumentsInd>
<MaterialDiversionOrMisuseInd>0</MaterialDiversionOrMisuseInd>
<MembersOrStockholdersInd>0</MembersOrStockholdersInd>
<ElectionOfBoardMembersInd>0</ElectionOfBoardMembersInd>
<DecisionsSubjectToApprovaInd>0</DecisionsSubjectToApprovaInd>
<MinutesOfGoverningBodyInd>1</MinutesOfGoverningBodyInd>
<MinutesOfCommitteesInd>1</MinutesOfCommitteesInd>
<OfficerMailingAddressInd>0</OfficerMailingAddressInd>
<LocalChaptersInd>0</LocalChaptersInd>
<Form990ProvidedToGvrnBodyInd>1</Form990ProvidedToGvrnBodyInd>
<ConflictOfInterestPolicyInd>1</ConflictOfInterestPolicyInd>
<AnnualDisclosureCoveredPrsnInd>1</AnnualDisclosureCoveredPrsnInd>
<RegularMonitoringEnfrcInd>1</RegularMonitoringEnfrcInd>
<WhistleblowerPolicyInd>0</WhistleblowerPolicyInd>
<DocumentRetentionPolicyInd>1</DocumentRetentionPolicyInd>
<CompensationProcessCEOInd>0</CompensationProcessCEOInd>
<CompensationProcessOtherInd>0</CompensationProcessOtherInd>
<InvestmentInJointVentureInd>0</InvestmentInJointVentureInd>
<StatesWhereCopyOfReturnIsFldCd>OH</StatesWhereCopyOfReturnIsFldCd>
<UponRequestInd>X</UponRequestInd>
<BooksInCareOfDetail>
<BusinessName>
<BusinessNameLine1Txt>DENNY CLUTTER</BusinessNameLine1Txt>
</BusinessName>
<PhoneNum>3309726436</PhoneNum>
<USAddress>
<AddressLine1Txt>302 BUCHTEL COMMON</AddressLine1Txt>
<CityNm>AKRON</CityNm>
<StateAbbreviationCd>OH</StateAbbreviationCd>
<ZIPCd>443256220</ZIPCd>
</USAddress>
</BooksInCareOfDetail>
<InfoInScheduleOPartVIIInd>X</InfoInScheduleOPartVIIInd>
<Form990PartVIISectionAGrp>
<PersonNm>PHILIP A LLOYD</PersonNm>
<TitleTxt>DIRECTOR AND CHAIR</TitleTxt>
<AverageHoursPerWeekRt>1.40</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>KATHLEEN A COLEMAN</PersonNm>
<TitleTxt>DIRECTOR AND FORMER VICE CHAIR</TitleTxt>
<AverageHoursPerWeekRt>0.90</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>PAMELA S WILLIAMS</PersonNm>
<TitleTxt>DIRECTOR AND VICE CHAIR</TitleTxt>
<AverageHoursPerWeekRt>0.90</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>KATHRYN W DINDO</PersonNm>
<TitleTxt>DIRECTOR AND VICE CHAIR</TitleTxt>
<AverageHoursPerWeekRt>0.90</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>JOHN R ADAMS</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>LARRY W ALLEN</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>FRANK P BEVILACQUA</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.20</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>EILEEN E BURG</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>MARK T CLARK</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>MARY LYNN CROWLEY</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>JAMES N CRUTCHFIELD</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.20</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>SAMUEL D DESHAZIOR</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.20</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>CARINA S DIAMOND</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>LAURA DUDA</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.20</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>GEORGE L FARRIS II</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>DENNIS H GARTMAN</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.80</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>CHRISTOPHER V GOFF</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>DAVID M GRUBB</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.20</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>JOSEPH C HETE</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>RAYMOND K LEE</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.20</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>RAJKUMAR MAKAM</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.20</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>JAMES D MCCOOL</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>THEODORA MUSSON</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.20</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>STEPHEN E MYERS</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.50</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>DIANNE R NEWMAN</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>VANITA OELSCHLAGER</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>SANDRA PIANALTO</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.20</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>RICHARD W POGUE</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.40</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>JAMES M PULK</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>JOESPH E REECE</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>LAWRENCE J RYBKA</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>REBECCA SLAYMAN-GALLAGHER</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.20</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>CRAIG S TAYLOR</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>PHILIP S THOMPSON</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>MARLENE K TOOT</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>SUSAN S WAGSTAFF</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.30</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>PAUL SMUCKER WAGSTAFF</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>GLEN L STEPHENS</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>HALLE G JONES CAPERS</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>IRVIN J MUSSON</PersonNm>
<TitleTxt>SECRETARY</TitleTxt>
<AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>DURIYA A DHINJWALA</PersonNm>
<TitleTxt>DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>GEORGE W DAVERIO JR DECEASED</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>NICHOLAS A CUMMINGS DECEASED</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>SAMIR G GIBARA</PersonNm>
<TitleTxt>FORMER DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.10</AverageHoursPerWeekRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>0</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>DALLAS GRUNDY</PersonNm>
<TitleTxt>TREASURE AS OF 10/1</TitleTxt>
<AverageHoursPerWeekRt>0.40</AverageHoursPerWeekRt>
<AverageHoursPerWeekRltdOrgRt>39.60</AverageHoursPerWeekRltdOrgRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>317000</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>49632</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>GARY L MILLER</PersonNm>
<TitleTxt>EX-OFFICIO DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.40</AverageHoursPerWeekRt>
<AverageHoursPerWeekRltdOrgRt>39.60</AverageHoursPerWeekRltdOrgRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>523553</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>60842</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>REX D RAMSIER</PersonNm>
<TitleTxt>EX-OFFICIO DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.40</AverageHoursPerWeekRt>
<AverageHoursPerWeekRltdOrgRt>39.60</AverageHoursPerWeekRltdOrgRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>307014</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>74356</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>JOSEPH URGO</PersonNm>
<TitleTxt>EX-OFFICIO DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.40</AverageHoursPerWeekRt>
<AverageHoursPerWeekRltdOrgRt>39.60</AverageHoursPerWeekRltdOrgRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>214778</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>54106</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>JOHN WIENCEK</PersonNm>
<TitleTxt>EX-OFFICIO DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>0.40</AverageHoursPerWeekRt>
<AverageHoursPerWeekRltdOrgRt>39.60</AverageHoursPerWeekRltdOrgRt>
<IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>343952</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>65047</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>KIMBERLY M COLE</PersonNm>
<TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
<AverageHoursPerWeekRt>10.00</AverageHoursPerWeekRt>
<AverageHoursPerWeekRltdOrgRt>30.00</AverageHoursPerWeekRltdOrgRt>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>165454</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>34834</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>NATHAN J MORTIMER</PersonNm>
<TitleTxt>FORMER TREASURER</TitleTxt>
<AverageHoursPerWeekRt>4.00</AverageHoursPerWeekRt>
<AverageHoursPerWeekRltdOrgRt>36.00</AverageHoursPerWeekRltdOrgRt>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>202427</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>42338</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>DENNY CLUTTER</PersonNm>
<TitleTxt>ASSISTANT TREASURER</TitleTxt>
<AverageHoursPerWeekRt>39.00</AverageHoursPerWeekRt>
<AverageHoursPerWeekRltdOrgRt>1.00</AverageHoursPerWeekRltdOrgRt>
<OfficerInd>X</OfficerInd>
<ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
<ReportableCompFromRltdOrgAmt>84171</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>21707</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<TotalReportableCompFromOrgAmt>0</TotalReportableCompFromOrgAmt>
<TotReportableCompRltdOrgAmt>2158349</TotReportableCompRltdOrgAmt>
<TotalOtherCompensationAmt>402862</TotalOtherCompensationAmt>
<IndivRcvdGreaterThan100KCnt>0</IndivRcvdGreaterThan100KCnt>
<FormerOfcrEmployeesListedInd>0</FormerOfcrEmployeesListedInd>
<TotalCompGreaterThan150KInd>1</TotalCompGreaterThan150KInd>
<CompensationFromOtherSrcsInd>0</CompensationFromOtherSrcsInd>
<ContractorCompensationGrp>
<ContractorName>
<BusinessName>
<BusinessNameLine1Txt>FIRST AMERICAN TITLE INSURANCE COMPANY</BusinessNameLine1Txt>
</BusinessName>
</ContractorName>
<ContractorAddress>
<USAddress>
<AddressLine1Txt>99 HUDSON 3RD FLOOR</AddressLine1Txt>
<CityNm>NEW YORK</CityNm>
<StateAbbreviationCd>NY</StateAbbreviationCd>
<ZIPCd>10013</ZIPCd>
</USAddress>
</ContractorAddress>
<ServicesDesc>PROFESSIONAL CONSULTING</ServicesDesc>
<CompensationAmt>190043</CompensationAmt>
</ContractorCompensationGrp>
<ContractorCompensationGrp>
<ContractorName>
<BusinessName>
<BusinessNameLine1Txt>BUCKINGHAM DOOLITTLE & BURROUGHS</BusinessNameLine1Txt>
</BusinessName>
</ContractorName>
<ContractorAddress>
<USAddress>
<AddressLine1Txt>DEPT 781184 PO BOX 78000</AddressLine1Txt>
<CityNm>DETROIT</CityNm>
<StateAbbreviationCd>MI</StateAbbreviationCd>
<ZIPCd>482781184</ZIPCd>
</USAddress>
</ContractorAddress>
<ServicesDesc>PROFESSIONAL LEGAL FEES</ServicesDesc>
<CompensationAmt>103109</CompensationAmt>
</ContractorCompensationGrp>
<CntrctRcvdGreaterThan100KCnt>2</CntrctRcvdGreaterThan100KCnt>
<RelatedOrganizationsAmt>66805</RelatedOrganizationsAmt>
<AllOtherContributionsAmt>17303108</AllOtherContributionsAmt>
<NoncashContributionsAmt>1270826</NoncashContributionsAmt>
<TotalContributionsAmt>17369913</TotalContributionsAmt>
<InvestmentIncomeGrp>
<TotalRevenueColumnAmt>2663221</TotalRevenueColumnAmt>
<ExclusionAmt>2663221</ExclusionAmt>
</InvestmentIncomeGrp>
<GrossAmountSalesAssetsGrp>
<SecuritiesAmt>12040580</SecuritiesAmt>
</GrossAmountSalesAssetsGrp>
<LessCostOthBasisSalesExpnssGrp>
<SecuritiesAmt>5379143</SecuritiesAmt>
</LessCostOthBasisSalesExpnssGrp>
<GainOrLossGrp>
<SecuritiesAmt>6661437</SecuritiesAmt>
</GainOrLossGrp>
<NetGainOrLossInvestmentsGrp>
<TotalRevenueColumnAmt>6661437</TotalRevenueColumnAmt>
<ExclusionAmt>6661437</ExclusionAmt>
</NetGainOrLossInvestmentsGrp>
<TotalRevenueGrp>
<TotalRevenueColumnAmt>26694571</TotalRevenueColumnAmt>
<RelatedOrExemptFuncIncomeAmt>0</RelatedOrExemptFuncIncomeAmt>
<UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
<ExclusionAmt>9324658</ExclusionAmt>
</TotalRevenueGrp>
<GrantsToDomesticOrgsGrp>
<TotalAmt>12037002</TotalAmt>
<ProgramServicesAmt>12037002</ProgramServicesAmt>
</GrantsToDomesticOrgsGrp>
<FeesForServicesManagementGrp>
<TotalAmt>372874</TotalAmt>
<ManagementAndGeneralAmt>276933</ManagementAndGeneralAmt>
<FundraisingAmt>95941</FundraisingAmt>
</FeesForServicesManagementGrp>
<FeesForServicesLegalGrp>
<TotalAmt>43303</TotalAmt>
<ManagementAndGeneralAmt>43303</ManagementAndGeneralAmt>
</FeesForServicesLegalGrp>
<FeesForServicesAccountingGrp>
<TotalAmt>35858</TotalAmt>
<ManagementAndGeneralAmt>35858</ManagementAndGeneralAmt>
</FeesForServicesAccountingGrp>
<FeesForSrvcInvstMgmntFeesGrp>
<TotalAmt>3415234</TotalAmt>
<ManagementAndGeneralAmt>3415234</ManagementAndGeneralAmt>
</FeesForSrvcInvstMgmntFeesGrp>
<FeesForServicesOtherGrp>
<TotalAmt>237508</TotalAmt>
<ManagementAndGeneralAmt>237508</ManagementAndGeneralAmt>
</FeesForServicesOtherGrp>
<OfficeExpensesGrp>
<TotalAmt>44420</TotalAmt>
<ManagementAndGeneralAmt>11105</ManagementAndGeneralAmt>
<FundraisingAmt>33315</FundraisingAmt>
</OfficeExpensesGrp>
<InformationTechnologyGrp>
<TotalAmt>129598</TotalAmt>
<ManagementAndGeneralAmt>129598</ManagementAndGeneralAmt>
</InformationTechnologyGrp>
<ConferencesMeetingsGrp>
<TotalAmt>5687</TotalAmt>
<ManagementAndGeneralAmt>5687</ManagementAndGeneralAmt>
</ConferencesMeetingsGrp>
<InsuranceGrp>
<TotalAmt>20430</TotalAmt>
<ManagementAndGeneralAmt>20430</ManagementAndGeneralAmt>
</InsuranceGrp>
<OtherExpensesGrp>
<Desc>PAYMENTS TO ANNUITANTS</Desc>
<TotalAmt>904333</TotalAmt>
<ManagementAndGeneralAmt>904333</ManagementAndGeneralAmt>
</OtherExpensesGrp>
<OtherExpensesGrp>
<Desc>PUBLIC RELATIONS</Desc>
<TotalAmt>167806</TotalAmt>
<ManagementAndGeneralAmt>35045</ManagementAndGeneralAmt>
<FundraisingAmt>132761</FundraisingAmt>
</OtherExpensesGrp>
<OtherExpensesGrp>
<Desc>MISCELLANEOUS EXPENSES</Desc>
<TotalAmt>10187</TotalAmt>
<ManagementAndGeneralAmt>10187</ManagementAndGeneralAmt>
</OtherExpensesGrp>
<OtherExpensesGrp>
<Desc>PROPERTY EXPENSES</Desc>
<TotalAmt>512</TotalAmt>
<ManagementAndGeneralAmt>512</ManagementAndGeneralAmt>
</OtherExpensesGrp>
<TotalFunctionalExpensesGrp>
<TotalAmt>17424752</TotalAmt>
<ProgramServicesAmt>12037002</ProgramServicesAmt>
<ManagementAndGeneralAmt>5125733</ManagementAndGeneralAmt>
<FundraisingAmt>262017</FundraisingAmt>
</TotalFunctionalExpensesGrp>
<CashNonInterestBearingGrp>
<BOYAmt>4076574</BOYAmt>
<EOYAmt>9322467</EOYAmt>
</CashNonInterestBearingGrp>
<SavingsAndTempCashInvstGrp>
<BOYAmt>5090464</BOYAmt>
<EOYAmt>5775590</EOYAmt>
</SavingsAndTempCashInvstGrp>
<PledgesAndGrantsReceivableGrp>
<BOYAmt>10093331</BOYAmt>
<EOYAmt>11988954</EOYAmt>
</PledgesAndGrantsReceivableGrp>
<AccountsReceivableGrp>
<BOYAmt>2947600</BOYAmt>
<EOYAmt>406890</EOYAmt>
</AccountsReceivableGrp>
<OthNotesLoansReceivableNetGrp>
<BOYAmt>230000</BOYAmt>
<EOYAmt>220884</EOYAmt>
</OthNotesLoansReceivableNetGrp>
<LandBldgEquipCostOrOtherBssAmt>747900</LandBldgEquipCostOrOtherBssAmt>
<LandBldgEquipBasisNetGrp>
<BOYAmt>747900</BOYAmt>
<EOYAmt>747900</EOYAmt>
</LandBldgEquipBasisNetGrp>
<InvestmentsPubTradedSecGrp>
<BOYAmt>23109313</BOYAmt>
<EOYAmt>17707415</EOYAmt>
</InvestmentsPubTradedSecGrp>
<InvestmentsOtherSecuritiesGrp>
<BOYAmt>206878939</BOYAmt>
<EOYAmt>193185246</EOYAmt>
</InvestmentsOtherSecuritiesGrp>
<OtherAssetsTotalGrp>
<BOYAmt>348877</BOYAmt>
<EOYAmt>348432</EOYAmt>
</OtherAssetsTotalGrp>
<TotalAssetsGrp>
<BOYAmt>253522998</BOYAmt>
<EOYAmt>239703778</EOYAmt>
</TotalAssetsGrp>
<AccountsPayableAccrExpnssGrp>
<BOYAmt>198094</BOYAmt>
<EOYAmt>562918</EOYAmt>
</AccountsPayableAccrExpnssGrp>
<DeferredRevenueGrp>
<BOYAmt>28500</BOYAmt>
<EOYAmt>28500</EOYAmt>
</DeferredRevenueGrp>
<EscrowAccountLiabilityGrp>
<BOYAmt>5000</BOYAmt>
<EOYAmt>5000</EOYAmt>
</EscrowAccountLiabilityGrp>
<OtherLiabilitiesGrp>
<BOYAmt>11130271</BOYAmt>
<EOYAmt>8874610</EOYAmt>
</OtherLiabilitiesGrp>
<TotalLiabilitiesGrp>
<BOYAmt>11361865</BOYAmt>
<EOYAmt>9471028</EOYAmt>
</TotalLiabilitiesGrp>
<OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
<NoDonorRestrictionNetAssetsGrp>
<BOYAmt>9387629</BOYAmt>
<EOYAmt>9281660</EOYAmt>
</NoDonorRestrictionNetAssetsGrp>
<DonorRestrictionNetAssetsGrp>
<BOYAmt>232773504</BOYAmt>
<EOYAmt>220951090</EOYAmt>
</DonorRestrictionNetAssetsGrp>
<TotalNetAssetsFundBalanceGrp>
<BOYAmt>242161133</BOYAmt>
<EOYAmt>230232750</EOYAmt>
</TotalNetAssetsFundBalanceGrp>
<TotLiabNetAssetsFundBalanceGrp>
<BOYAmt>253522998</BOYAmt>
<EOYAmt>239703778</EOYAmt>
</TotLiabNetAssetsFundBalanceGrp>
<ReconcilationRevenueExpnssAmt>9269819</ReconcilationRevenueExpnssAmt>
<NetUnrlzdGainsLossesInvstAmt>-21198202</NetUnrlzdGainsLossesInvstAmt>
<OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
<InfoInScheduleOPartXIIInd>X</InfoInScheduleOPartXIIInd>
<MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
<AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
<FSAuditedInd>1</FSAuditedInd>
<FSAuditedBasisGrp>
<SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
</FSAuditedBasisGrp>
<AuditCommitteeInd>0</AuditCommitteeInd>
<FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
</IRS990>
<IRS990ScheduleA documentId="RetDoc1039100001">
<CollegeOrganizationInd>X</CollegeOrganizationInd>
<GiftsGrantsContriRcvd170Grp>
<CurrentTaxYearMinus4YearsAmt>27407467</CurrentTaxYearMinus4YearsAmt>
<CurrentTaxYearMinus3YearsAmt>12579004</CurrentTaxYearMinus3YearsAmt>
<CurrentTaxYearMinus2YearsAmt>10861977</CurrentTaxYearMinus2YearsAmt>
<CurrentTaxYearMinus1YearAmt>12964699</CurrentTaxYearMinus1YearAmt>
<CurrentTaxYearAmt>17369913</CurrentTaxYearAmt>
<TotalAmt>81183060</TotalAmt>
</GiftsGrantsContriRcvd170Grp>
<TotalCalendarYear170Grp>
<CurrentTaxYearMinus4YearsAmt>27407467</CurrentTaxYearMinus4YearsAmt>
<CurrentTaxYearMinus3YearsAmt>12579004</CurrentTaxYearMinus3YearsAmt>
<CurrentTaxYearMinus2YearsAmt>10861977</CurrentTaxYearMinus2YearsAmt>
<CurrentTaxYearMinus1YearAmt>12964699</CurrentTaxYearMinus1YearAmt>
<CurrentTaxYearAmt>17369913</CurrentTaxYearAmt>
<TotalAmt>81183060</TotalAmt>
</TotalCalendarYear170Grp>
<SubstantialContributorsTotAmt>18629212</SubstantialContributorsTotAmt>
<PublicSupportTotal170Amt>62553848</PublicSupportTotal170Amt>
<GrossInvestmentIncome170Grp>
<CurrentTaxYearMinus4YearsAmt>5094143</CurrentTaxYearMinus4YearsAmt>
<CurrentTaxYearMinus3YearsAmt>5456081</CurrentTaxYearMinus3YearsAmt>
<CurrentTaxYearMinus2YearsAmt>5357160</CurrentTaxYearMinus2YearsAmt>
<CurrentTaxYearMinus1YearAmt>3301044</CurrentTaxYearMinus1YearAmt>
<CurrentTaxYearAmt>2663221</CurrentTaxYearAmt>
<TotalAmt>21871649</TotalAmt>
</GrossInvestmentIncome170Grp>
<UnrelatedBusinessNetIncm170Grp>
<CurrentTaxYearMinus4YearsAmt>41257</CurrentTaxYearMinus4YearsAmt>
<CurrentTaxYearMinus3YearsAmt>13174</CurrentTaxYearMinus3YearsAmt>
<CurrentTaxYearMinus2YearsAmt>1945</CurrentTaxYearMinus2YearsAmt>
<CurrentTaxYearMinus1YearAmt>32797</CurrentTaxYearMinus1YearAmt>
<TotalAmt>89173</TotalAmt>
</UnrelatedBusinessNetIncm170Grp>
<TotalSupportAmt>103143882</TotalSupportAmt>
<PublicSupportCY170Pct>0.60650</PublicSupportCY170Pct>
<PublicSupportPY170Pct>0.56890</PublicSupportPY170Pct>
<ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
</IRS990ScheduleA>
<IRS990ScheduleB documentId="RetDoc1234500001">
<ContributorInformationGrp>
<ContributorNum>RESTRICTED</ContributorNum>
<ContributorBusinessName>
<BusinessNameLine1>RESTRICTED</BusinessNameLine1>
</ContributorBusinessName>
<ContributorUSAddress>
<AddressLine1>RESTRICTED</AddressLine1>
<AddressLine2>RESTRICTED</AddressLine2>
<City>RESTRICTED</City>
<State>RESTRICTED</State>
<ZIPCode>RESTRICTED</ZIPCode>
</ContributorUSAddress>
<TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
</ContributorInformationGrp>
</IRS990ScheduleB>
<IRS990ScheduleD documentId="RetDoc1040000001">
<AgentTrusteeEtcInd>0</AgentTrusteeEtcInd>
<InclEscrowCustodialAcctLiabInd>1</InclEscrowCustodialAcctLiabInd>
<ExplanationProvidedInd>X</ExplanationProvidedInd>
<CYEndwmtFundGrp>
<BeginningYearBalanceAmt>193044771</BeginningYearBalanceAmt>
<ContributionsAmt>7961689</ContributionsAmt>
<InvestmentEarningsOrLossesAmt>-10892762</InvestmentEarningsOrLossesAmt>
<GrantsOrScholarshipsAmt>2358946</GrantsOrScholarshipsAmt>
<OtherExpendituresAmt>2584250</OtherExpendituresAmt>
<AdministrativeExpensesAmt>3159434</AdministrativeExpensesAmt>
<EndYearBalanceAmt>182011068</EndYearBalanceAmt>
</CYEndwmtFundGrp>
<CYMinus1YrEndwmtFundGrp>
<BeginningYearBalanceAmt>151414946</BeginningYearBalanceAmt>
<ContributionsAmt>6011652</ContributionsAmt>
<InvestmentEarningsOrLossesAmt>43439991</InvestmentEarningsOrLossesAmt>
<GrantsOrScholarshipsAmt>2736582</GrantsOrScholarshipsAmt>
<OtherExpendituresAmt>2884739</OtherExpendituresAmt>
<AdministrativeExpensesAmt>2200497</AdministrativeExpensesAmt>
<EndYearBalanceAmt>193044771</EndYearBalanceAmt>
</CYMinus1YrEndwmtFundGrp>
<CYMinus2YrEndwmtFundGrp>
<BeginningYearBalanceAmt>150383260</BeginningYearBalanceAmt>
<ContributionsAmt>7740194</ContributionsAmt>
<InvestmentEarningsOrLossesAmt>-2308033</InvestmentEarningsOrLossesAmt>
<GrantsOrScholarshipsAmt>1634199</GrantsOrScholarshipsAmt>
<OtherExpendituresAmt>1112987</OtherExpendituresAmt>
<AdministrativeExpensesAmt>1653289</AdministrativeExpensesAmt>
<EndYearBalanceAmt>151414946</EndYearBalanceAmt>
</CYMinus2YrEndwmtFundGrp>
<CYMinus3YrEndwmtFundGrp>
<BeginningYearBalanceAmt>136212143</BeginningYearBalanceAmt>
<ContributionsAmt>16428615</ContributionsAmt>
<InvestmentEarningsOrLossesAmt>3826402</InvestmentEarningsOrLossesAmt>
<GrantsOrScholarshipsAmt>2742530</GrantsOrScholarshipsAmt>
<OtherExpendituresAmt>1777258</OtherExpendituresAmt>
<AdministrativeExpensesAmt>1564112</AdministrativeExpensesAmt>
<EndYearBalanceAmt>150383260</EndYearBalanceAmt>
</CYMinus3YrEndwmtFundGrp>
<CYMinus4YrEndwmtFundGrp>
<BeginningYearBalanceAmt>122342312</BeginningYearBalanceAmt>
<ContributionsAmt>10410124</ContributionsAmt>
<InvestmentEarningsOrLossesAmt>8240911</InvestmentEarningsOrLossesAmt>
<GrantsOrScholarshipsAmt>1744881</GrantsOrScholarshipsAmt>
<OtherExpendituresAmt>1590537</OtherExpendituresAmt>
<AdministrativeExpensesAmt>1445786</AdministrativeExpensesAmt>
<EndYearBalanceAmt>136212143</EndYearBalanceAmt>
</CYMinus4YrEndwmtFundGrp>
<BoardDesignatedBalanceEOYPct>0.02160</BoardDesignatedBalanceEOYPct>
<PrmnntEndowmentBalanceEOYPct>0.11300</PrmnntEndowmentBalanceEOYPct>
<TermEndowmentBalanceEOYPct>0.86540</TermEndowmentBalanceEOYPct>
<EndowmentsHeldUnrelatedOrgInd>0</EndowmentsHeldUnrelatedOrgInd>
<EndowmentsHeldRelatedOrgInd>1</EndowmentsHeldRelatedOrgInd>
<RelatedOrgListSchRInd>1</RelatedOrgListSchRInd>
<LandGrp>
<OtherCostOrOtherBasisAmt>747900</OtherCostOrOtherBasisAmt>
<BookValueAmt>747900</BookValueAmt>
</LandGrp>
<TotalBookValueLandBuildingsAmt>747900</TotalBookValueLandBuildingsAmt>
<OtherSecuritiesGrp>
<Desc>INTEREST IN UA FOUNDATION FUND LP</Desc>
<BookValueAmt>193185246</BookValueAmt>
<MethodValuationCd>C</MethodValuationCd>
</OtherSecuritiesGrp>
<TotalBookValueSecuritiesAmt>193185246</TotalBookValueSecuritiesAmt>
<OtherLiabilitiesOrgGrp>
<Desc>ACTUARIAL LIABILITY FOR UNITRUST/AN</Desc>
<Amt>8874610</Amt>
</OtherLiabilitiesOrgGrp>
<TotalLiabilityAmt>8874610</TotalLiabilityAmt>
<TotalRevEtcAuditedFinclStmtAmt>1176802</TotalRevEtcAuditedFinclStmtAmt>
<NetUnrealizedGainsInvstAmt>-21198202</NetUnrealizedGainsInvstAmt>
<RevenueNotReportedAmt>-21198202</RevenueNotReportedAmt>
<RevenueSubtotalAmt>22375004</RevenueSubtotalAmt>
<InvestmentExpensesNotIncldAmt>3415234</InvestmentExpensesNotIncldAmt>
<OtherRevenuesNotIncludedAmt>904333</OtherRevenuesNotIncludedAmt>
<RevenueNotReportedFinclStmtAmt>4319567</RevenueNotReportedFinclStmtAmt>
<TotalRevenuePerForm990Amt>26694571</TotalRevenuePerForm990Amt>
<TotExpnsEtcAuditedFinclStmtAmt>13105185</TotExpnsEtcAuditedFinclStmtAmt>
<ExpensesNotReportedAmt>0</ExpensesNotReportedAmt>
<ExpensesSubtotalAmt>13105185</ExpensesSubtotalAmt>
<InvestmentExpensesNotIncld2Amt>3415234</InvestmentExpensesNotIncld2Amt>
<OtherExpensesNotIncludedAmt>904333</OtherExpensesNotIncludedAmt>
<ExpensesNotRptFinclStmtAmt>4319567</ExpensesNotRptFinclStmtAmt>
<TotalExpensesPerForm990Amt>17424752</TotalExpensesPerForm990Amt>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>PART IV, LINE 2B:</FormAndLineReferenceDesc>
<ExplanationTxt>THE BALANCE ON FORM 990, PART X, LINE 21 REPRESENTS THE LIABILITY BALANCE THE FOUNDATION HOLDS RELATING TO A FISCAL AGENCY AGREEMENT. THE BALANCE IS MADE UP OF A DEPOSIT FROM ONE NOT-FOR-PROFIT ORGANIZATION. THE $5,000 REPRESENTS A DEPOSIT FROM AMERICAN LEGION POST 808. POST 808 MANAGES ALL DEPOSITS AND WITHDRAWALS IN THEIR RESTRICTED ACCOUNT.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
<ExplanationTxt>DISTRIBUTIONS FROM ENDOWMENT FUNDS ARE USED AS DONORS HAVE STIPULATED OR AS THE FOUNDATION BOARD HAS DESIGNATED. THIS INCLUDES, BUT IS NOT LIMITED TO SCHOLARSHIPS, FELLOWSHIPS, LECTURESHIPS, INTERNSHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, ASSISTANCE TO THE UNIVERSITY OF AKRON COLLEGES AND DEPARTMENTS, CAPITAL IMPROVEMENTS, AS WELL AS SUPPORT OF THE ATHLETIC PROGRAM, THE PERFORMING ARTS HALL, AND HOWER HOUSE.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>PART XI, LINE 4B - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
<ExplanationTxt>PAYMENTS TO ANNUITANTS 904,333.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>PART XII, LINE 4B - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
<ExplanationTxt>PAYMENTS TO ANNUITANTS 904,333.</ExplanationTxt>
</SupplementalInformationDetail>
</IRS990ScheduleD>
<IRS990ScheduleI documentId="RetDoc1041900001">
<GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
<RecipientTable>
<RecipientBusinessName>
<BusinessNameLine1Txt>THE UNIVERSITY OF AKRON</BusinessNameLine1Txt>
</RecipientBusinessName>
<USAddress>
<AddressLine1Txt>302 BUCHTEL COMMON</AddressLine1Txt>
<CityNm>AKRON</CityNm>
<StateAbbreviationCd>OH</StateAbbreviationCd>
<ZIPCd>44325</ZIPCd>
</USAddress>
<RecipientEIN>346002924</RecipientEIN>
<IRCSectionDesc>501(C)(3)</IRCSectionDesc>
<CashGrantAmt>12037002</CashGrantAmt>
<NonCashAssistanceAmt>0</NonCashAssistanceAmt>
<PurposeOfGrantTxt>SEE PART IV</PurposeOfGrantTxt>
</RecipientTable>
<Total501c3OrgCnt>1</Total501c3OrgCnt>
<TotalOtherOrgCnt>0</TotalOtherOrgCnt>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
<ExplanationTxt>UA IS THE SOLE BENEFICIARY OF ASSISTANCE FROM UAF. THE RESTRICTIONS DONORS PLACE ON THEIR CONTRIBUTIONS DETERMINE HOW FUNDS CAN BE USED FOR OR ON BEHALF OF UA. UAF REQUIRES THAT A UA RESTRICTED ACCOUNT BE SET UP FOR EACH DONOR RESTRICTION. THE CONTROLLER'S OFFICE AND RESPECTIVE DEPARTMENTS AT UA ARE SUPPLIED WITH COPIES OF THE DONOR AGREEMENT WHICH LISTS ANY RESTRICTIONS. THE UA ACCOUNT NUMBER IS AN ATTRIBUTE OF THE UAF ACCOUNT WITHIN UAF'S GENERAL LEDGER SYSTEM AND UAF'S ACCOUNT IS ALSO AN ATTRIBUTE OF THE UA ACCOUNT WITHIN UA'S ACCOUNTING DATABASE. THESE CORRESPONDING ATTRIBUTES ARE USED TO TRACK THAT THE FUNDS TRANSFERRED BY UAF ARE DEPOSITED INTO THE APPROPRIATE UA ACCOUNTS. THE EMPLOYEES IN THE CONTROLLER'S OFFICE USE THE DONOR AGREEMENTS TO CONFIRM EXPENDITURES MEET ANY DONOR RESTRICTIONS.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>PART II, LINE 1H</FormAndLineReferenceDesc>
<ExplanationTxt>THE UNIVERSITY OF AKRON FOUNDATION'S PURPOSE IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF UA. THE FUNDS TRANSFERRED TO UA ARE TO BE USED FOR MANY PURPOSES INCLUDING, BUT NOT LIMITED TO, SCHOLARSHIPS, FELLOWSHIPS, LECTURESHIPS, INTERNSHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, ASSISTANCE TO UA COLLEGES AND DEPARTMENTS, CAPITAL IMPROVEMENTS, AS WELL AS SUPPORT OF THE ATHLETIC PROGRAM, THE PERFORMING ARTS HALL, AND HOWER HOUSE.</ExplanationTxt>
</SupplementalInformationDetail>
</IRS990ScheduleI>
<IRS990ScheduleJ documentId="RetDoc1042400001">
<SubstantiationRequiredInd>1</SubstantiationRequiredInd>
<SeverancePaymentInd>0</SeverancePaymentInd>
<SupplementalNonqualRtrPlanInd>1</SupplementalNonqualRtrPlanInd>
<EquityBasedCompArrngmInd>0</EquityBasedCompArrngmInd>
<CompBasedOnRevenueOfFlngOrgInd>0</CompBasedOnRevenueOfFlngOrgInd>
<CompBsdOnRevRelatedOrgsInd>0</CompBsdOnRevRelatedOrgsInd>
<CompBsdNetEarnsFlngOrgInd>0</CompBsdNetEarnsFlngOrgInd>
<CompBsdNetEarnsRltdOrgsInd>0</CompBsdNetEarnsRltdOrgsInd>
<AnyNonFixedPaymentsInd>0</AnyNonFixedPaymentsInd>
<InitialContractExceptionInd>0</InitialContractExceptionInd>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>GARY L MILLER</PersonNm>
<TitleTxt>EX-OFFICIO DIRECTOR</TitleTxt>
<BaseCompensationFilingOrgAmt>0</BaseCompensationFilingOrgAmt>
<CompensationBasedOnRltdOrgsAmt>464671</CompensationBasedOnRltdOrgsAmt>
<BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
<BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
<OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
<OtherCompensationRltdOrgsAmt>58882</OtherCompensationRltdOrgsAmt>
<DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
<DeferredCompRltdOrgsAmt>34509</DeferredCompRltdOrgsAmt>
<NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
<NontaxableBenefitsRltdOrgsAmt>26333</NontaxableBenefitsRltdOrgsAmt>
<TotalCompensationFilingOrgAmt>0</TotalCompensationFilingOrgAmt>
<TotalCompensationRltdOrgsAmt>584395</TotalCompensationRltdOrgsAmt>
<CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
<CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>JOHN WIENCEK</PersonNm>
<TitleTxt>EX-OFFICIO DIRECTOR</TitleTxt>
<BaseCompensationFilingOrgAmt>0</BaseCompensationFilingOrgAmt>
<CompensationBasedOnRltdOrgsAmt>343952</CompensationBasedOnRltdOrgsAmt>
<BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
<BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
<OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
<OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
<DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
<DeferredCompRltdOrgsAmt>36959</DeferredCompRltdOrgsAmt>
<NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
<NontaxableBenefitsRltdOrgsAmt>28088</NontaxableBenefitsRltdOrgsAmt>
<TotalCompensationFilingOrgAmt>0</TotalCompensationFilingOrgAmt>
<TotalCompensationRltdOrgsAmt>408999</TotalCompensationRltdOrgsAmt>
<CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
<CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>REX D RAMSIER</PersonNm>
<TitleTxt>EX-OFFICIO DIRECTOR</TitleTxt>
<BaseCompensationFilingOrgAmt>0</BaseCompensationFilingOrgAmt>
<CompensationBasedOnRltdOrgsAmt>302112</CompensationBasedOnRltdOrgsAmt>
<BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
<BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
<OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
<OtherCompensationRltdOrgsAmt>4902</OtherCompensationRltdOrgsAmt>
<DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
<DeferredCompRltdOrgsAmt>34509</DeferredCompRltdOrgsAmt>
<NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
<NontaxableBenefitsRltdOrgsAmt>39847</NontaxableBenefitsRltdOrgsAmt>
<TotalCompensationFilingOrgAmt>0</TotalCompensationFilingOrgAmt>
<TotalCompensationRltdOrgsAmt>381370</TotalCompensationRltdOrgsAmt>
<CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
<CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>DALLAS GRUNDY</PersonNm>
<TitleTxt>TREASURE AS OF 10/1</TitleTxt>
<BaseCompensationFilingOrgAmt>0</BaseCompensationFilingOrgAmt>
<CompensationBasedOnRltdOrgsAmt>316512</CompensationBasedOnRltdOrgsAmt>
<BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
<BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
<OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
<OtherCompensationRltdOrgsAmt>488</OtherCompensationRltdOrgsAmt>
<DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
<DeferredCompRltdOrgsAmt>37663</DeferredCompRltdOrgsAmt>
<NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
<NontaxableBenefitsRltdOrgsAmt>11969</NontaxableBenefitsRltdOrgsAmt>
<TotalCompensationFilingOrgAmt>0</TotalCompensationFilingOrgAmt>
<TotalCompensationRltdOrgsAmt>366632</TotalCompensationRltdOrgsAmt>
<CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
<CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>JOSEPH URGO</PersonNm>
<TitleTxt>EX-OFFICIO DIRECTOR</TitleTxt>
<BaseCompensationFilingOrgAmt>0</BaseCompensationFilingOrgAmt>
<CompensationBasedOnRltdOrgsAmt>214016</CompensationBasedOnRltdOrgsAmt>
<BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
<BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
<OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
<OtherCompensationRltdOrgsAmt>762</OtherCompensationRltdOrgsAmt>
<DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
<DeferredCompRltdOrgsAmt>30800</DeferredCompRltdOrgsAmt>
<NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
<NontaxableBenefitsRltdOrgsAmt>23306</NontaxableBenefitsRltdOrgsAmt>
<TotalCompensationFilingOrgAmt>0</TotalCompensationFilingOrgAmt>
<TotalCompensationRltdOrgsAmt>268884</TotalCompensationRltdOrgsAmt>
<CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
<CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>NATHAN J MORTIMER</PersonNm>
<TitleTxt>FORMER TREASURER</TitleTxt>
<BaseCompensationFilingOrgAmt>0</BaseCompensationFilingOrgAmt>
<CompensationBasedOnRltdOrgsAmt>179574</CompensationBasedOnRltdOrgsAmt>
<BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
<BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
<OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
<OtherCompensationRltdOrgsAmt>22853</OtherCompensationRltdOrgsAmt>
<DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
<DeferredCompRltdOrgsAmt>25918</DeferredCompRltdOrgsAmt>
<NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
<NontaxableBenefitsRltdOrgsAmt>16420</NontaxableBenefitsRltdOrgsAmt>
<TotalCompensationFilingOrgAmt>0</TotalCompensationFilingOrgAmt>
<TotalCompensationRltdOrgsAmt>244765</TotalCompensationRltdOrgsAmt>
<CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
<CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>KIMBERLY M COLE</PersonNm>
<TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
<BaseCompensationFilingOrgAmt>0</BaseCompensationFilingOrgAmt>
<CompensationBasedOnRltdOrgsAmt>165316</CompensationBasedOnRltdOrgsAmt>
<BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
<BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
<OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
<OtherCompensationRltdOrgsAmt>138</OtherCompensationRltdOrgsAmt>
<DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
<DeferredCompRltdOrgsAmt>23562</DeferredCompRltdOrgsAmt>
<NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
<NontaxableBenefitsRltdOrgsAmt>11272</NontaxableBenefitsRltdOrgsAmt>
<TotalCompensationFilingOrgAmt>0</TotalCompensationFilingOrgAmt>
<TotalCompensationRltdOrgsAmt>200288</TotalCompensationRltdOrgsAmt>
<CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
<CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>PART I, LINE 4B</FormAndLineReferenceDesc>
<ExplanationTxt>IN CALENDAR YEAR 2021, NATHAN MORTIMER CONTRIBUTED $18,720, GARY MILLER CONTRIBUTED $26,000, AND JOHN WIENCEK CONTRIBUTED $26,000 TO THE UNIVERSITY OF AKRON'S 457(B) PLAN. NO DISTRIBUTIONS WERE MADE FROM THE UNIVERSITY OF AKRON'S 457(B) PLAN DURING CALENDAR YEAR 2021.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>PART I, LINE 2</FormAndLineReferenceDesc>
<ExplanationTxt>THE FOUNDATION DID NOT PROVIDE ANY OF THE ITEMS LISTED IN 1A TO OR FOR A PERSON LISTED ON FORM 990, PART VII, SECTION A, LINE 1A. HOWEVER, IF THERE WERE SUCH EXPENSES, THE FOUNDATION'S POLICIES AND PROCEDURES MANUAL REQUIRES SUBSTANTIATION PRIOR TO ANY DISBURSEMENTS.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>PART I, LINE 3</FormAndLineReferenceDesc>
<ExplanationTxt>THE FOUNDATION DOES NOT PROVIDE COMPENSATION TO ITS EXECUTIVE DIRECTOR OR ANY OTHER OFFICER OR DIRECTOR.</ExplanationTxt>
</SupplementalInformationDetail>
</IRS990ScheduleJ>
<IRS990ScheduleM documentId="RetDoc1042900001">
<SecuritiesPubliclyTradedGrp>
<NonCashCheckboxInd>X</NonCashCheckboxInd>
<ContributionCnt>71</ContributionCnt>
<NoncashContributionsRptF990Amt>1270826</NoncashContributionsRptF990Amt>
<MethodOfDeterminingRevenuesTxt>GIFT DATE MKT QUOTES</MethodOfDeterminingRevenuesTxt>
</SecuritiesPubliclyTradedGrp>
<AnyPropertyThatMustBeHeldInd>0</AnyPropertyThatMustBeHeldInd>
<ReviewProcessUnusualNCGiftsInd>0</ReviewProcessUnusualNCGiftsInd>
<ThirdPartiesUsedInd>0</ThirdPartiesUsedInd>
</IRS990ScheduleM>
<IRS990ScheduleO documentId="RetDoc1044400001">
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 1A</FormAndLineReferenceDesc>
<ExplanationTxt>THE EXECUTIVE COMMITTEE OF THE FOUNDATION, BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, HAS ALL THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE FOUNDATION, EXCEPT AS SUCH AUTHORITY IS LIMITED BY STATUTE OR RESOLUTION OF THE BOARD OF DIRECTORS. ACCORDING TO THE FOUNDATION'S CODE OF REGULATIONS, THE BOARD OF DIRECTORS SHALL APPOINT AN EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT OF THE UNIVERSITY OF AKRON (UA), THE SENIOR DEVELOPMENT OFFICER OF UA, THE CHIEF ACADEMIC OFFICER OF UA, THE CHIEF FINANCIAL OFFICER OF UA, THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, ASSISTANT TREASURER, AND EXECUTIVE DIRECTOR OF THE FOUNDATION, AND NOT LESS THAN TWO OTHER VOTING DIRECTORS WHO ARE MEMBERS OF THE COMMUNITY AT LARGE, AND WHO ARE NOT FULL-TIME EMPLOYEES OF UA OR ITS GOVERNING BOARD. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, ALL MEMBERS OF THE EXECUTIVE COMMITTEE WERE VOTING MEMBERS EXCEPT FOR THE EXECUTIVE DIRECTOR, TREASURER, AND ASSISTANT TREASURER OF THE FOUNDATION, WHO ARE NON-VOTING MEMBERS. EACH VOTING MEMBER OF THE EXECUTIVE COMMITTEE IS ALSO A VOTING MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 2</FormAndLineReferenceDesc>
<ExplanationTxt>THE FOLLOWING FAMILY RELATIONSHIPS AMONG THE BOARD OF DIRECTORS EXIST: PHIL LLOYD, CHAIR, IS THE HUSBAND OF MARGARET LLOYD, MEMBER OF THE STEWARDSHIP & WOMEN IN PHILATHROPY COMMITTEE; IRVIN MUSSON, SECRETARY, IS THE HUSBAND OF THEODORA MUSSON, DIRECTOR; AND PAUL WAGSTAFF, DIRECTOR, IS THE SON OF SUSAN WAGSTAFF, DIRECTOR; HOWEVER SUSAN IS NOW DECEASED (FEBRUARY 5, 2022).</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
<ExplanationTxt>A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE FOUNDATION'S EXECUTIVE COMMITTEE IN ELECTRONIC FORM.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
<ExplanationTxt>ANNUALLY, THE DIRECTORS AND OFFICERS OF THE FOUNDATION COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THE QUESTIONNAIRE IS DESIGNED TO BRING TO LIGHT ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE EXECUTIVE DIRECTOR OF THE FOUNDATION REVIEWS THE QUESTIONNAIRES AND IS CHARGED WITH INFORMING THE BOARD OF POTENTIAL CONFLICTS. BOARD MEMBERS RECUSE THEMSELVES FROM VOTING WHEN THEY HAVE A CONFLICT.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
<ExplanationTxt>THE FOUNDATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON WRITTEN REQUEST.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 13:</FormAndLineReferenceDesc>
<ExplanationTxt>THE FOUNDATION HAS NO EMPLOYEES, THUS ELIMINATING THE NEED FOR A WHISTLE-BLOWER POLICY.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 14:</FormAndLineReferenceDesc>
<ExplanationTxt>THE FOUNDATION'S RECORDS ARE MAINTAINED BY EMPLOYEES OF THE UNIVERSITY OF AKRON WHO FOLLOW THE UNIVERSITY'S DOCUMENT RETENTION AND DESTRUCTION POLICY.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15:</FormAndLineReferenceDesc>
<ExplanationTxt>THE FOUNDATION DOES NOT MAINTAIN ANY EMPLOYEES. THE EMPLOYEES WHO DO WORK FOR THE FOUNDATION ARE UNIVERSITY EMPLOYEES.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART VII, SECTION A, LINE 3:</FormAndLineReferenceDesc>
<ExplanationTxt>THE TERM FOR OFFICERS AND DIRECTORS FOR THE UNIVERSITY OF AKRON FOUNDATION RUNS FROM OCTOBER 1 TO SEPTEMBER 30.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C:</FormAndLineReferenceDesc>
<ExplanationTxt>THE FOUNDATION DOES NOT HAVE A SEPARATE COMMITTEE FOR AUDIT OVERSIGHT. HOWEVER, AUDIT RESULTS ARE REVIEWED WITH THE FOUNDATION'S BOARD OF DIRECTORS. ADDITIONALLY, SINCE IT IS A COMPONENT UNIT OF THE UNIVERSITY OF AKRON, THE UNIVERSITY'S BOARD OF TRUSTEES AND AUDIT COMMITTEE PARTICIPATE IN THE FOUNDATION'S FINANCIAL STATEMENT AUDIT. THE FOUNDATION'S INDEPENDENT AUDITOR IS SELECTED IN CONJUNCTION WITH THE UNIVERSITY OF AKRON, WHICH IS THROUGH THE OHIO AUDITOR OF STATE'S BID PROCESS.</ExplanationTxt>
</SupplementalInformationDetail>
</IRS990ScheduleO>
<IRS990ScheduleR documentId="RetDoc1043400001">
<IdRelatedTaxExemptOrgGrp>
<DisregardedEntityName>
<BusinessNameLine1Txt>THE UNIVERSITY OF AKRON</BusinessNameLine1Txt>
</DisregardedEntityName>
<USAddress>
<AddressLine1Txt>302 BUCHTEL COMMON</AddressLine1Txt>
<CityNm>AKRON</CityNm>
<StateAbbreviationCd>OH</StateAbbreviationCd>
<ZIPCd>44325</ZIPCd>
</USAddress>
<EIN>346002924</EIN>
<PrimaryActivitiesTxt>HIGHER EDUCATION</PrimaryActivitiesTxt>
<LegalDomicileStateCd>OH</LegalDomicileStateCd>
<ExemptCodeSectionTxt>501(C)(3)</ExemptCodeSectionTxt>
<PublicCharityStatusTxt>LINE 5</PublicCharityStatusTxt>
<DirectControllingNACd>N/A</DirectControllingNACd>
<ControlledOrganizationInd>0</ControlledOrganizationInd>
</IdRelatedTaxExemptOrgGrp>
<ReceiptOfIntAnntsRntsRyltsInd>0</ReceiptOfIntAnntsRntsRyltsInd>
<GiftGrntOrCapContriToOthOrgInd>1</GiftGrntOrCapContriToOthOrgInd>
<GiftGrntCapContriFromOthOrgInd>1</GiftGrntCapContriFromOthOrgInd>
<LoansOrGuaranteesToOtherOrgInd>1</LoansOrGuaranteesToOtherOrgInd>
<LoansOrGuaranteesFromOthOrgInd>0</LoansOrGuaranteesFromOthOrgInd>
<DivRelatedOrganizationInd>0</DivRelatedOrganizationInd>
<AssetSaleToOtherOrgInd>0</AssetSaleToOtherOrgInd>
<AssetPurchaseFromOtherOrgInd>0</AssetPurchaseFromOtherOrgInd>
<AssetExchangeInd>0</AssetExchangeInd>
<RentalOfFacilitiesToOthOrgInd>1</RentalOfFacilitiesToOthOrgInd>
<RentalOfFcltsFromOthOrgInd>0</RentalOfFcltsFromOthOrgInd>
<PerformOfServicesForOthOrgInd>1</PerformOfServicesForOthOrgInd>
<PerformOfServicesByOtherOrgInd>1</PerformOfServicesByOtherOrgInd>
<SharingOfFacilitiesInd>1</SharingOfFacilitiesInd>
<PaidEmployeesSharingInd>1</PaidEmployeesSharingInd>
<ReimbursementPaidToOtherOrgInd>1</ReimbursementPaidToOtherOrgInd>
<ReimbursementPaidByOtherOrgInd>0</ReimbursementPaidByOtherOrgInd>
<TransferToOtherOrgInd>0</TransferToOtherOrgInd>
<TransferFromOtherOrgInd>0</TransferFromOtherOrgInd>
</IRS990ScheduleR>
</ReturnData>
</Return>