990• ReturnofOrganization ExemptFromIncomeTax
Transcript of 990• ReturnofOrganization ExemptFromIncomeTax
990• Return of Organization Exempt From Income TaxForm Under section 501(c ), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
► Do not enter social security numbers on this form as it may be made public.
0O
VW0
U9Zz
Co
Department of the TreasuryInternal Revenue Service Information about Form 990 and its instructions is at
..,..... ,,. .Ins`"r'pection^
A For the 2014 calendar year , or tax year beginning JUL 1 , 2014 and ending JUN 30 , 2015
B Check itapplicable
cnan
C Name of organization
UND ALUMNI ASSOCIATION AND FOUNDATION
D Employer identification number
haannge Dom business as 45-0348296Iitialreturn
aFinalreturn/
Number and street (or P.O. box if mail is not delivered to street address)
3501 UNIVERSITY AVENUE STOP 8157Room/suite E Telephone number
(701) 777-2611termin-ated City or town, state or province, country, and ZIP or foreign postal code G Gross receipts $ 51,552,91 6.
=returnAmended GRAND FORKS , ND 5 8 2 0 2 H(a) Is this a group returnApplica-
^tinpending
F Name and address of principal officer LAURA BLOCK
SAME AS C ABOVE
for subordinates Yes X No
H(b) Are all subordinates included?0Yes No
I Tax-exempt status [XI 501 c 3 L 501 ( c ) ( insert no. ) Q 4947 ( a )( 1 ) or 0 527 If "No," attach a list (see instructions)
J Website: 00, WWW . UNDALUMNII. OR H(c) Group exemption number ►IC Fnrm of nrnnnnatinn- n Cornoratlon Ii Trust F-1 Association n Other ► L Year of formation- 19 7 8 M State of leaal domicile: ND
lar^tt Summary
1 Briefly describe the organization's mission or most significant activities THE UND ALUMNI ASSOCIATION &
FOUNDATION SUPPORTS UNIVERSITY OF NORTH DAKOTA STUDENTS, FACULTY,
c 9 Chark this hrt ► n if the nrnanvattnn discontinued it-, oneratlons or disposed of more than 25% of its net assets
0 3 Number of voting members of the governing body (Part VI, line 1 a) 3 22
0 4 Number of independent voting members of the governing body (Part VI, line 1 b) 4 21e6
5 Total number of individuals employed in calendar ear2014(PartV.hne.2a)__., 5 115e _
6 Total number of volunteers (estimate if neces arty) V 6 5 7
lumn (C), line 127 a Total unrelated business revenue from Part VII, c 7a 0i
b Net unrelated business taxable income from Form 990-T IIne,34r 7b 01 r71 vG I b C ^h1)n 1 -r 1
Prior Year Current Year
8 Contributions and grants (Part VIII, line 1 h) 20, 684, 929. 23,762,289.W
E_ 9 Program service revenue (Part VIII, line 2g) '°_` h'i P- P.• A T 3,134,189. 3,534,213.
W 10 Investment Income (Part VIII, column (A), lines 3-4,and-7d)-- 6,307,873. 4,131,078.cc 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11 e) 625 , 388. 599 , 861.
12 Total revenue - add lines 8 through 11 must equal Part VIII, column A line 12) 30, 752, 379. 32,027,441.
13 Grants and similar amounts paid (Part IX, column (A), lines 1.3) 15,818,199. 25,584,956.
14 Benefits paid to or for members (Part IX, column (A), line 4) 0 . 0 .
, 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) 3, 159,842. 3,261,742.
In 16a Professional fundraising fees (Part IX, column (A), line 11 e) 200,568. 84,900 .
b Total fundraising expenses (Part IX, column (D), line 25) Po- 2,415,082.
xW 17 Other expenses (Part IX, column (A), lines 11 a 11 d, 11 f-24e) 2,802,057. 2,608 ,893.
18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 21 , 980 , 666 . 31 , 540 , 491.
19 Revenue less expenses Subtract line 18 from line 12 8, 771,713. 486,950.
o Be g innin g of Current Year End of Year
y 20 Total assets (Part X, line 16) 335,713,355. 339,740,419.a 21 Total liabilities (Part X, line 26) 57 , 391 , 321. 61 002 486.z 22 Net assets or fund balances Subtract line 21 from line 20 278 , 322 , 034. 1 278 , 737 , 933.1,PaC[ jI, •j Signature MOCK
Under penalties of perlur declare that I have examined this return , including accompanying schedules and statements , and to the best of my knowledge and belief, it is
true, correct , and coin c ration of prep er th r than off er Is based on all information of which preparer has any knowledge
Sign Signature of officer
Here ' LAURA BLOCK, CHIEF FINANCIALType or print name and title
Print/Type preparer' s name Prepare ' g
Paid LAWRENCE H. MOHR, CPA
Preparer Firm's name BAKER TILLY VIRCHOW KRA
Use Only Firm ' s address ► 225 S 6TH ST # 2 3 0 0
MINNEAPOLIS, MN 55402
432001 11 -07-14 LHA For Paperwork Reduction Act Notice , see the se
SEE SCHEDULE 0 FOR ORGANIZATION M
Form 990 2014' UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Pa e2Part III, Statement of Program Service Accomplishments
Check If Schedule 0 contains a response or note to any line in this Part III
1 Briefly describe the organization's mission
THE UND ALUMNI ASSOCIATION AND FOUNDATION FOSTERS CONNECTIONS,INSPIRES GENEROSITY, AND ADVANCES THE UNIVERSITY OF NORTH DAKOTA. THEORGANIZATION SUPPORTS UNIVERSITY OF NORTH DAKOTA STUDENTS, FACULTY,ALUMNI AND THE GREATER COMMUNITY BY PROVIDING RESOURCES FOR GROWTH AND
2 Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? [ Yes 0 No
If "Yes," describe these new services on Schedule 0
3 Did the organization cease conducting , or make significant changes in how it conducts , any program services '? =Yes No
If "Yes," describe these changes on Schedule 0
4 Describe the organization ' s program service accomplishments for each of its three largest program services, as measured by expenses
Section 501 (c)(3) and 501 (c)(4) organizations are required to report the amount of grants and allocations to others , the total expenses, and
revenue , if any, for each program service reported.
4a (Code ) ( Expenses $ 5,411,317 . including grants of $ 5,411,317 . ) (Revenue $ 747,500.STUDENT SUPPORT IS A TOP PRIORITY FOR THE UND ALUMNI ASSOCIATION ANDFOUNDATION. IN FY15, THE ORGANIZATION GRANTED $5.4 MILLION TO THEUNIVERSITY OF NORTH DAKOTA TO BE USED BY THE UNIVERSITY TO AWARDSCHOLARSHIPS TO UND STUDENTS IN THE FISCAL YEAR. STUDENT SUPPORT IS INLINE WITH UND'S VISION 20/20 TO RAISE MONEY FOR ENDOWMENT SUPPORT FORFACULTY POSITIONS AND SCHOLARSHIPS, WHICH WOULD ENABLE THE UNIVERSITYTO RECRUIT AND RETAIN TOP STUDENTS AND FAUCLTY MEMBERS.
4b (Code ) (Expenses $ 12,965,117 . including grants of $ 12,965,117 . ) (Revenue $ 1,790,954. )THE UND ALUMI ASSOCIATON AND FOUNDATION GRANTED $13 MILLION TO THE
UNIVERSITY OF NORTH DAKOTA FOR BUILDING PROJECTS ON CAMPUS. BUILDINGSENHANCE THE PROGRAMS AND OPPORTUNITIES FOR STUDENTS AND HELP TRANSFORM
THE UNIVERSITY FOR THE FUTURE BENEFIT OF STUDENTS AND THE COMMUNITY.
4c (Code ) (Expenses $ 6,487, 936 . including grants of $ 6,487,93 6 . ) (Revenue $ 896,220.THE UND ALUMNI ASSOCIATION AND FOUNDATION PROVIDED $6.7 MILLION IN
SUPPORT TO THE UNIVERSITY DURING THE PAST FISCAL YEAR TO SUPPORT
FACULTY INITIATIVES, PROGRAMS AND CAMPUS IMPROVEMENT PROJECTS AS
DIRECTED BY DONORS' GIFT DESIGNATIONS AND PRIORITIES OF THE UNIVERSITY.
4d Other program services (Describe in Schedule O )
(Expenses $ 7 2 0 , 5 8 6 . including grants of $ 7 2 0, 5 8 6 . ) ( Revenue $ 99,539.)4e Total program service expenses ► 25,584,956.
Form 990 (2014)43200211-07-14
2L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591871
Form 990 2014' UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 3Part l ,, Checklist of Required Schedules
Yes No
1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)
If "Yes," complete Schedule A 1 X
2 Is the organization required to complete Schedule B, Schedule of Contnbutors' 2 X
3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for
public office? If "Yes, " complete Schedule C, Part 1 3 X
4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect
during the tax year? If "Yes, " complete Schedule C, Part 11 4 X
5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501 (c)(6) organization that receives membership dues, assessments, or
similar amounts as defined in Revenue Procedure 98-199 If "Yes," complete Schedule C, Part Ill 5 X
6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to
provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes, " complete Schedule D, Part 1 6 X
7 Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part 11 7 X
8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete
Schedule D, Part Ill 8 X
9 Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian for
amounts not listed in Part X, or provide credit counseling, debt management, credit repair, or debt negotiation services?
If "Yes," complete Schedule D, Part IV 9 X
10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent
endowments, or quasi-endowments'? If "Yes," complete Schedule D, Part V to X
11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X
as applicable.
a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes, " complete Schedule D,
Part VI 11a X
b Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its total
assets reported in Part X, line 169 If "Yes," complete Schedule D, Part Vll 11b X
c Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its total
assets reported in Part X, line 169 If "Yes," complete Schedule D, Part Vlll 11c X
d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in
Part X, line 169 If "Yes," complete Schedule D, Part IX iid X
e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X 11e X
f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)9 If "Yes, " complete Schedule D, Part X 11f X
12a Did the organization obtain separate, independent audited financial statements for the tax year? If "yes, " complete
Schedule D, Parts XI and XIl 12a X
b Was the organization included in consolidated, independent audited financial statements for the tax year?
If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional 12b X
13 Is the organization a school described in section 170(b)(1)(A)(u)9 If "Yes," complete Schedule E 13 X
14a Did the organization maintain an office, employees, or agents outside of the United States? 14a X
b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business,
investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000
or more? If "Yes, " complete Schedule F, Parts 1 and IV 14b X
15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any
foreign organization? If "Yes," complete Schedule F, Parts 11 and IV 15 X
16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to
or for foreign individuals? If "Yes, " complete Schedule F, Parts 111 and IV 16 X
17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,
column (A), lines 6 and 11e' If "Yes," complete Schedule G, Part 1 17 X
18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines
1 c and 8a' If "Yes," complete Schedule G, Part 11 18 X
19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a' If "yes,"
complete Schedule G, Part Ill 19 X
20a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H 20a X
b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? 20b
Form 990 (2014)
43200311-07-14
3L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Form 990 (2014) ' UND ALUMNI ASSOCIATION AND FOUNDATION 45-03482 96 P,Q, 4Part IV, I Checklist of Required Schedules continued
Yes No
21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or
domestic government on Part IX, column (A), line 1" if 'Yes,' complete Schedule 1, Parts l and 11 21 X
22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on
Part IX, column (A), line 29 If "Yes," complete Schedule 1, Parts l and 111 22 X
23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current
and former officers, directors, trustees, key employees, and highest compensated employees? If 'Yes," complete
Schedule J
24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the
last day of the year, that was issued after December 31, 2002? If "Yes, " answer lines 24b through 24d and complete
Schedule K. If "No", go to line 25a
b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?
c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease
any tax-exempt bonds
d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year
25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations . Did the organization engage in an excess benefit
transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part
b Is the organization aware that it engaged in an excess benefit transaction with a disqualified
I
person in a prior year, and
that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ' If "yes," complete
Schedule L, Part 1
26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or
former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons'? If "yes,"
complete Schedule L, Part 11
27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial
contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member
of any of these persons'? If "Yes," complete Schedule L, Part Ill
28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV
instructions for applicable filing thresholds, conditions, and exceptions).
a A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV
b A family member of a current or former officer, director, trustee, or key employee'? If "Yes," complete Schedule L, Part IV
c An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer,
director, trustee, or direct or indirect owner'? If "Yes, " complete Schedule L, Part IV
29 Did the organization receive more than $25,000 in non-cash contributions'? If "Yes," complete Schedule M
30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation
contributions? If "Yes," complete Schedule M
31 Did the organization liquidate, terminate, or dissolve and cease operations'
If "Yes," complete Schedule N, Part/
32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete
Schedule N, Part 11
33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations
sections 301 7701.2 and 301-7701-3' If "Yes,' complete Schedule R, Part 1
34 Was the organization related to any tax-exempt or taxable entity If "Yes, " complete Schedule R, Part 11, Ill, or IV, and
Part V, line 1
35a Did the organization have a controlled entity within the meaning of section 512(b)(13)'
b If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity
within the meaning of section 512(b)(13)? If "Yes, " complete Schedule R, Part V, line 2
36 Section 501(c)(3) organizations . Did the organization make any transfers to an exempt non-charitable related organization?
If "Yes,' complete Schedule R, Part V, line 2
37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization
and that is treated as a partnership for federal income tax purposes? If "Yes, " complete Schedule R, Part VI
38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11 b and 19'
Note . All Form 990 filers are reawred to complete Schedule 0
43200411-07-14
13521015 144198 59187
23 X
24a X
24b X
24c X
24d X
25a X
25b X
26 X
27 X
4 1,
28a X
28b X
28c X
29 X
30 X
31 X
32 X
33 X
34 X
35a X
35b
36 X
371 1X
381 XIForm 990 (2014)
4
2014.04030 UND ALUMNI ASSOCIATION AN 59187 ]
Form 990 (2014) ' UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 5Part v Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule 0 contains a response or note to any line in this Part V
la Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable la 93
b Enter the number of Forms W-2G included in line 1a Enter -0- if not applicable 1b 0
c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming
(gambling) winnings to prize winners? 1c
2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements,
filed for the calendar year ending with or within the year covered by this return 2a 115 t.,;
b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? 2b X
Note . If the sum of lines 1 a and 2a is greater than 250, you may be required to e-file (see instructions)
3a Did the organization have unrelated business gross income of $1,000 or more during the year? 3a X
b If "Yes," has it filed a Form 990-T for this year? If "No, " to line 3b, provide an explanation in Schedule 0 3b X
4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a
financial account in a foreign country (such as a bank account, securities account, or other financial account)? 4a X
b If "Yes," enter the name of the foreign country- ►See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR)
'^
5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? 5a X
b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? 5b X
c If "Yes," to line 5a or 5b, did the organization file Form 8886-T? 5c
6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit
any contributions that were not tax deductible as chartable contributions? 6a X
b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts
were not tax deductible? 6b
7 Organizations that may receive deductible contributions under section 170(c).
a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? 7a X
b If "Yes," did the organization notify the donor of the value of the goods or services provided? 7b X
c Did the organization sell, exchange, or otherwise dispose of tangibie personal property for vrh;ch t was required
to file Form 8282? 7c X
d If "Yes," indicate the number of Forms 8282 filed during the year 7d 1 =s. ' ,
e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? 7e X
f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 7f X
g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required'? 7
h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? 7h
8 Sponsoring organizations maintaining donor advised funds . Did a donor advised fund maintained by the
sponsoring organization have excess business holdings at any time during the year? 8
9 Sponsoring organizations maintaining donor advised funds.
a Did the sponsoring organization make any taxable distributions under section 4966? 9a
b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? 9b
10 Section 501(c)(7) organizations. Enter
a Initiation fees and capital contributions included on Part VIII, line 12 10a
b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities 10b
11 Section 501(c)( 12) organizations. Enter
a Gross income from members or shareholders 11a
b Gross income from other sources (Do not net amounts due or paid to other sources against
amounts due or received from them) 11b
12a Section 4947(a)(1) non -exempt charitable trusts . Is the organization filing Form 990 in lieu of Form 1041? 12a
b If "Yes," enter the amount of tax-exempt interest received or accrued during the year 12b
13 Section 501(c )(29) qualified nonprofit health insurance issuers.
a Is the organization licensed to issue qualified health plans in more than one state? 13a
Note . See the instructions for additional information the organization must report on Schedule 0
b Enter the amount of reserves the organization is required to maintain by the states in which the
organization is licensed to issue qualified health plans 13b
c Enter the amount of reserves on hand 13c
14a Did the organization receive any payments for indoor tanning services during the tax year? 14a X
b If "Yes." has it filed a Form 720 to report these Davments? If •Nn ' nrnwda an axnlanahnn in SchPrhilc C) 14b
Form 990 (2014)
43200511-07.14
5L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Form 990 (2014)' UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 6PartV - Governance, Management , and Disclosure For each 'Yes'response to lines 2 through 7b below, and fora 'No' response
to line 8a, 8b, or 10b below, descnbe the circumstances, processes, or changes in Schedule O. See instructions
Check if Schedule 0 contains a response or note to any line in this Part VI M
Section A. Governing Bodv and Management
la Enter the number of voting members of the governing body at the end of the tax year 1a 22
If there are material differences in voting rights among members of the governing body, or if the governing
body delegated broad authority to an executive committee or similar committee, explain in Schedule 0.
b Enter the number of voting members included in line 1a, above, who are independent lb 21
2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other
officer, director, trustee, or key employee"
3 Did the organization delegate control over management duties customarily performed by or under the direct supervision
X
of officers, directors, or trustees, or key employees to a management company or other persons 3 X
4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? 4 X
5 Did the organization become aware during the year of a significant diversion of the organization's assets 5 X
6 Did the organization have members or stockholders? 6 X
7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or
more members of the governing body? 7a X
b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or
persons other than the governing body? 7b X
8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a The governing body? 8a X
b Each committee with authority to act on behalf of the governing body 8b X
9 Is there any officer , director, trustee , or key employee listed in Part VII, Section A, who cannot be reached at the
Section B. PoliciesYes No
10a Did the organization have local chapters, branches, or affiuates % in. X
b If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates,
and branches to ensure their operations are consistent with the organization's exempt purposes? 10b
11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the forms 11a X
b Describe in Schedule 0 the process, if any, used by the organization to review this Form 990.
12a Did the organization have a written conflict of interest policy? If "No," go to line 13 12a X
b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? 12b X
c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," descnbe
in Schedule 0 how this was done
13 Did the organization have a written whistleblower policy?
14 Did the organization have a written document retention and destruction policy? 14
15 Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data , and contemporaneous substantiation of the deliberation and decision
a The organization 's CEO, Executive Director, or top management official 15a X
b Other officers or key employees of the organization 15b X
If "Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions)
16a Did the organization invest in , contribute assets to, or participate in a joint venture or similar arrangement with a
taxable entity during the year? 16a X
b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation
in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's
exempt status with respect to such arrangements? 115b
Section C . Disclosure
17 list the states with which a copy of this Form 990 is required to be filed ►ND , WV, AK, CA, CO, MA , NH, NY , OH, OR, WA, MD
18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable ), 990, and 990-T (Section 501 (c)(3)s only) available
for public inspection Indicate how you made these available Check all that apply
Q Own website Q Another's website Q Upon request Other (explain in Schedule 0)
19 Describe in Schedule 0 whether (and if so , how) the organization made its governing documents , conflict of interest policy , and financial
statements available to the public during the tax year
20 State the name , address , and telephone number of the person who possesses the organization ' s books and records ►LAURA BLOCK - (701) 777-2611
3501 UNIVERSITY AVENUE, STOP 8157, GRAND FORKS, ND 58202
43200811-07.14 SEE SCHEDULE 0 FOR FULL LIST OF STATES Form 990 (2014)
6
13521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_3
Form 990 (2014) ' UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 7Part X11 Compensation of Officers, Directors , Trustees, Key Employees, Highest Compensated
Employees, and Independent ContractorsCheck if Schedule 0 contains a response or note to any line in this Part VII 0
Section A. Officers , Directors , Trustees , Key Employees , and Highest Compensated Employees
la Complete this table for all persons required to be listed Report compensation for the calendar year ending with or within the organization's tax year
• List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensationEnter -0- in columns (D), (E), and (F) if no compensation was paid
• List all of the organization's current key employees, if any. See instructions for definition of "key employee "• List the organization' s five current highest compensated employees (other than an officer, director, trustee, or key employee) who received report-
able compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations
• List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 ofreportable compensation from the organization and any related organizations
• List all of the organization' s former directors or trustees that received, in the capacity as a former director or trustee of the organization,more than $10,000 of reportable compensation from the organization and any related organizations
List persons in the following order individual trustees or directors, institutional trustees, officers, key employees, highest compensated employees;and former such persons
n Check this box if neither the organization nor any related organization compensated any current officer. director. or trustee
(A)
Name and Title
(B)
Averagehours perweek
(C)
Position(do not check more than onebox, unless person is both anofficer and a director/trustee)
(D)
Reportablecompensation
from
(E)
Reportablecompensationfrom related
(F)
Estimatedamount of
other(list any
hours for
related
organizations
below
line)
'
- - o
o
= E1
theorganization
(W-2/1099-MISC)
organizations(W-2/1099-MISC)
compensationfrom the
organizationand related
organizations
(1) ALICE BREKKE 1.00
EX-OFFICIO X 0 . 0 . 0
(2) CARRIE MCINTYRE PANETTA 1.00
DIRECTOR U . 0 . U
(3) CATHY RYDELL 1.00
DIRECTOR X 0 . 0 . 0
(4) CHUCK KLUENKER 1.00
DIRECTOR X 0 . 0 . 0
(5) CINDY BLIKRE 1.00
DIRECTOR X 0 . 0 . 0
(6) DEAN BECKSTEAD 1.00
DIRECTOR X 0 . 0 . 0 .
(7) DEANNA CARLSON Z INK 45.00CHIEF EXECUTIVE OFFICER 1.00 X X 200 ,265. 4,123. 34,859.(8) DOUG MARK 1.00
DIRECTOR X 0 , 0 . 0.
(9) DOUG PODOLAK 1.00
VICE CHAIR X X 0. 0. 0.
(10) DR. JOHN GRAY 1.00
DIRECTOR X 0 , 0 . 0 .
(11) DR. JOSHUA WYNNE 1.00
EX-OFFICIO X 0. 0. 0.
(12) FERNANDA PHILBRICK 1 .0 0
DIRECTOR X 0 , 0. 0.
(13) JENNIFER NEPPEL 1.00
DIRECTOR X 0 , 0 , 0.
(14) JODY FERAGEN 1.00
CHAIR X X 0. 0. 0.
(15) KRIS COMPTON 1.00
DIRECTOR X 0. 0. 0.
(16) LAURA BLOCK 45.00CHIEF FINANCIAL OFFICER 1.00 X X 157 ,310. 3,094. 20,718.(17) LINDA LASKOWSKI 1.00
DIRECTOR X 0, 0, 0.
432007 11-07-14 Form 990 (2014)
13521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Form 990 (2014)' UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page8=* V1 I
(A)
Name and title
(B)Averagehours perweek
(C)
Position(do not check more than onebox, unless person is both anofficer and a director/trustee)
(D)Reportable
compensationfrom
(E)Reportable
compensationfrom related
(F)Estimatedamount of
other(list anyhours forrelated
organizationsbelowline)
- o
E
theorganization
(W-2/1099-MISC)
organizations(W2/1099-MISC)
compensationfrom the
organizationand related
organizations
(18) LISA WHEELER 1.00
DIRECTOR X 0. 0. 0.
(19) LORI REESOR 1.00
EX-OFFICIO X 0. 0. 0.
(20) MARC CHORNEY 1.00
DIRECTOR X 0 . 0 . 0 .
(21) MARTIN HOEKSTRA 1.00
DIRECTOR X 0 . 0 . 0 .
(22) PHIL GISI 1.00
DIRECTOR X 0 . 0 . 0 .
(23) RICK LEE 1.00
DIRECTOR X 0. 0 . 0.
(24) ROB MITCHELL 1.00
DIRECTOR X 0 . 0 . 0.
(25) ROBERT KELLEY 1.00
EX-OFFICIO X 0 . 0 . 0.
(26) SARA GARLAND 1 , 0 0
DIRECTOR X 0, 0-
lb Sub-total ► 357,575. 7,217. 55,577.
c Total from continuation sheets to Part VII, Section A ► 345,081.
0. 75,354.
d Total add lines lb and 1c ► 7 0 2 , 6 5 6 . 7,217. 130,931.
2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable
Yes No
3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on
line 1 a9 If "Yes, " complete Schedule J for such individual 3 X
4 For any individual listed on line 1 a, is the sum of reportable compensation and other compensation from the organization
and related organizations greater than $150,000'? If "Yes," complete Schedule J for such individual 4 X
5 Did any person listed on line 1 a receive or accrue compensation from any unrelated organization or individual for services
rendered to the organization? 5 X
Section B. Independent Contractors
1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from
+hn nrn^n,,otinn Rcnnrf nmm^nncatinn fnr this rnlnnrinr vcisr cnrlinn with nr within this nrnam,atinn'¢ tax vent
(A)Name and business address
(B)Description of services
(C)Compensation
COMMUNITY CONTRACTORSPO BOX 13593, GRAND FORKS, ND 58208 CONSTRUCTION 228,599.FORUM COMMUNICATIONS PRINTING
PO BOX 2065, FARGO, ND 58107 PRINTING 194,202.UNITED STATES POST OFFICE
657 2ND AVE N, PO BOX 4014, FARGO, ND 58107 POSTAGE 101,506.
12 Total number of independent contractors (including but not limited to those listed above) who received more than
$100 , 000 of com pensation from the organization 3
SEE PART VII, SECTION A CONTINUATION SHEETS Form 990 (2014)43200811-07-14
8L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
Form990 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296Part Vll C - eL-.. .,^. _ r, .. ... T......, .. .. ., , U:..i. _... .. a _ .. __
(A)
Name and title
(B)
Averagehours
(C)
Position(check all that apply)
(D)
Reportablecompensation
(E)
Reportablecompensation
(F)
Estimatedamount of
perweek
gist anyhours forrelated
organizationsbelow
line)
'
.E
= E -
- E
fromthe
organization(W-2/1099-MISC)
from relatedorganizations
(W-2/1099-MISC)
othercompensation
from theorganizationand related
organizations
(27) STEVE BURIAN 1.00
DIRECTOR X 0 . 0 . 0 .
(28) SUSAN WALTON 1.00
EX-OFFICIO X 0 . 0 . 0 .
(29) TERRI ZIMMERMAN 1.00
DIRECTOR X 0. 0. 0.
(30) TOM DILORENZO 1.00
EX-OFFICIO X 0 . 0. 0 .
(31) DAN MUUS 45.00CHIEF DEVELOPMENT OFFICER X 108 ,375. 0. 25,989.(32) DAVID MIEDEMA 45.00SENIOR DIRECTOR OF DEVELOP X 123,975. 0. 23,512.(33) KIM WOODS 45.00DIRECTOR OF DEVELOPMENT X 112,731. 0. 25 ,853.
Total to Part VII Section A line 1 c 345 , 081. 75 , 3 54.
43220105-01-14
13521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Form 990 2014 ' UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 9Part V(1 Statement of Revenue
Check If Schedule 0 contains a response or note to any line in this Part VIII(A) (B) (C) (D)
Total revenue Related or Unrelated Revenue excludedexempt function business from tax under
sectionsrevenue revenue 512 - 514
1 a Federated campaigns la
b Membership dues lb
c Fundraising events is 130 , 835.
d Related organizations id
e Government grants (contributions) 1e
( )o f All other contributions, gifts, grants, and r r
a similar amounts not included above if 23 631 454,
C 9 Noncash contributions included in lines la-1$ 3,892,384 .
0 (t h Total. Add lines 1a-1f 23 762 289, a s
usiness Code 7 77,
w 2 a UNIVERS ITY CONTR SVCS 561000 2 , 886 ,474 , 2 , 886 , 474.U
b INVESTMENT MGMT FEES 561000 436 368, 436 368,
'y C GORECKI ALUMNI CENTER INC 532000 211371, 211 371,
E (L
d
o'0 ea f All other program service revenue
Total. Add lines 2a-2f 11103,534,213.
3 Investment income (including dividends, interest, and
other similar amounts) 110. 4,709,454.
4 Income from investment of tax-exempt bond proceeds 00.
5 Royalties _ 574 731,
6 a Gross rents
b Less rental expenses
c Rental income or (loss)
4 , 709 , 454.
574 731-
Real n Personal x °^ A-r'_ [-` _210 935. %
186,943.
23 , 992.
d Net rental income or (loss) 11111. 23 , 992. 23,992.
7 a Gross amount from sales of I Securities n Other
assets other than inventory 18 , 632 , 656 .F;
^ •• , '„
b Less cost or other basis
and sales expenses 19,211 , 032. ra
c Gainor(loss) - 578 , 376.
d Net gain or (loss) 00. -578 , 376. -578 , 376.
8 a Gross income from fundraising events (not
including $ 130 835, ofa>(, contributions reported on line 1c) See
Part IV, line 18 a 128 638,m
b Less direct expenses b 127 500,0
c Net income or (loss) from fundraising events Iol. 1 , 138. 1 , 138.
9 a Gross income from gaming activities See
Part IV, line 19 a
b Less direct expenses b
c Net income or (loss) from gaming activities 100.
10 a Gross sales of inventory, less returns
and allowances a
b Less cost of goods sold b
c Net income or (loss) from sales of invento ry
Miscellaneous Revenue usmess Code
11 a
b
c
d All other revenue
e Total. Add lines 11a-11d
11-07-14
13521015 144198 59187
0. 1 32,027 441 , 3 , 534 , 213. 1 0, 4 , 730,939.
Form 990 (2014)
10
2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 4 5 - 0 3 4 8 2 9 6 Pa a 10Part I Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (4).
Check if Schedule 0 contains a response or note to any line in this Part IX F-1
Do not include amounts reported on lines 6b,7b, 8b, 9b, and 10b of Part Vlll
(A)Total expenses
(B)Program service
expenses
(Management andg eneral expenses
(D)Fundraisingexpenses
1 Grants and other assistance to domestic organizations
and domestic governments. See Part IV, line 21 25,584,956. 25,584,956.
2 Grants and other assistance to domestic
individuals See Part IV, line 22
3 Grants and other assistance to foreign
organizations, foreign governments, and foreign
individuals. See Part IV, lines 15 and 16
4 Benefits paid to or for members
5 Compensation of current officers, directors,
trustees, and key employees 362,595. 143,953. 218,642.
6 Compensation not included above, to disqualified
persons (as defined under section 4958(f)(1)) and
persons described in section 4958(c)(3)(B)
7 Other salaries and wages 2,194,062. 871,059. 1,323,003.
8 Pension plan accruals and contributions (include
section 401(k) and 403(b) employer contributions) 207 , 080 . 82 , 385 . 124,695.
9 Other employee benefits 313,520. 151,283. 162,237.
10 Payroll taxes 184,485. 76,936. 107,549.
11 Fees for services (non-employees)
a Management 11,550. 11,550.
b Legal 75,329. 62,762. 12,567.
c Accounting
d Lobbying
e Professional fundraising services. See Part IV, line 17 84 , 900 . 84,900.
f Investment management fees 985,802. 985,802.g Other (If line 11g amount exceeds 10% of line 25,
column (A) amount, list line 11g expenses on Sch 0.) 140 , 764. 123 , 414. 17,350.
12 Advertising and promotion 6,988. 6, 988 .
13 Office expenses 129,196. 41,610. 87,586.
14 Information technology 206,842. 204,174. 2,668.
15 Royalties
16 Occupancy 164,485. 164,485.
17 Travel 193,002. 1,040. 191,962.
18 Payments of travel or entertainment expenses
for any federal, state, or local public officials
19 Conferences, conventions, and meetings 144,032. 71,593. 72,439.
20 Interest
21 Payments to affiliates
22 Depreciation, depletion, and amortization 471,134. 471,134.
23 Insurance 27,701. 27,701.
24 Other expenses. Itemize expenses not coveredabove. (List miscellaneous expenses in line 24e If line24e amount exceeds 10% of line 25, column (A)amount, list line 24e expenses on Schedule 0.)
a MISCELLANEOUS EXPENSES 52,068. 42,584. 9,484.
b
c
d
e All other expenses
25 Total functional exp enses Add lines 1 throw h 24e 31,540,491. 25,584,956. 3,540,453. 2,415,082.
26 Joint costs Complete this line only if the organization
reported in column (B) joint costs from a combined
educational campaign and fundraising solicitation.
Check here 10, ED it following SOP 98-2 (ASC 958-720
432010 11.07.14 Form 990 (2014)
11L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187
Form 990 (2014)' UND ALUMNI ASSOCIATION ANDance
45-0348296 Pane 11
Check if Schedule 0 contains a response or note to any line in this Part X 0
(A) (B)Beginning of year End of year
1 Cash - non-interest - bearing 3,139, 322. 1 8,068,948.
2 Savings and temporary cash investments 1, 072,437. 2 459,234.
3 Pledges and grants receivable , net 35, 220,721. 3 33, 700,321.
4 Accounts receivable , net 8 , 8991 089. 4 8, 535,376.
5 Loans and other receivables from current and former officers, directors,
trustees , key employees , and highest compensated employees Complete
Part II of Schedule L 5
6 Loans and other receivables from other disqualified persons (as defined under
section 4958(f)(1)), persons described in section 4958 (c)(3)(B), and contributing
employers and sponsoring organizations of section 501(c)(9) voluntary
employees ' beneficiary organizations (see instr) Complete Part II of Sch L 6
7 Notes and loans receivable , net 72,175- 7 167,720.U)¢ 8 Inventories for sale or use 8
9 Prepaid expenses and deferred charges 196,796. 9 204,891.10a Land , buildings, and equipment - cost or other I mo. -
basis Complete Part VI of Schedule D 10a 19 , 6 8 4 , 0 7 3 . -
b Less accumulated depreciation lob 1 , 686,980. 17 , 4 4 5, 7 6 0. 1oc 17,997,093.
11 Investments - publicly traded securities 157, 028 , 724. 11 158, 883,737.
12 Investments - other securities See Part IV, line 11 110, 9491178 . 12 110, 048,495.
13 Investments • program - related See Part IV , line 11 13
14 Intangible assets 14
15 Other assets See Part IV, line 11 1,689,153 . 15 1,674,604.
16 Total assets . Add lines 1 throug h 15 must equal line 34 335 , 713 , 355. 16 339 , 740 , 419.
17 Accounts payable and accrued expenses 961 _ 712 . 17 3. 877,124.
18 Grants payable 18
19 Deferred revenue 19 272 ,999.20 Tax-exempt bond liabilities 5,382 , 614. 20 5,460,038.
21 Escrow or custodial account liability Complete Part IV of Schedule D 28,462,924. 21 27, 573,501.
22 Loans and other payables to current and former officers, directors , trustees,
key employees , highest compensated employees , and disqualified persons.
Complete Part II of Schedule L 22
23 Secured mortgages and notes payable to unrelated third parties 6,210, 000. 23 5,821,125.
24 Unsecured notes and loans payable to unrelated third parties 24
25 Other liabilities (including federal income tax , payables to related third
parties, and other liabilities not included on lines 17-24) Complete Part X of
ScheduleD 16,674 , 071. 25 17,997,699.
26 Total liabilities . Add lines 17 through 25 57 , 391 , 321. 26 61 , 002 , 486.
Organizations that follow SFAS 117 (ASC 958), check here 0 and
complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets 43,300,259. 27 39,140,216.
28 Temporarily restricted net assets 48,580 682. 28 51,034,628.
29 Permanently restricted net assets 186,441:093. 29 188,563,089.
3 Organizations that do not follow SFAS 117 (ASC 958), check here ►ILLo and complete lines 30 through 34.U) 30 Capital stock or trust principal, or current funds 30mten 31 Paid - in or capital surplus , or land , building , or equipment fund 31
32 Retained earnings , endowment , accumulated income , or other funds 32
Z 33 Total net assets or fund balances 278,322,034. 33 278,737,933.
34 Total liabilities and net assets/fund balances 335 , 713 , 355. 34 339 , 740 , 419.Form 990 (2014)
43201111-07-14
13521015 144198 5918712
2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
Form 990 2014' UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Pa e12Part X( Reconciliation of Net Assets
Check if Schedule 0 contains a response or note to any line in this Part XI X1
1 Total revenue (must equal Part VIII, column (A), line 12)
2 Total expenses (must equal Part IX, column (A), line 25)
3 Revenue less expenses Subtract line 2 from line 1
4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A))
5 Net unrealized gains (losses) on investments
6 Donated services and use of facilities
7 Investment expenses
8 Prior penod adjustments
9 Other changes in net assets or fund balances (explain in Schedule 0)
10 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33,
column (B))
1 32,027,441.2 31,540,491.3 486,950.4 278,322,034.5 2,805,300.
t XII Financial Statements and ReportingCheck if Schedule 0 contains a response or note to any line in this Part XII
1 Accounting method used to prepare the Form 990 . Q Cash OX Accrual ED Other
If the organization changed its method of accounting from a prior year or checked " Other ," explain in Schedule 0
2a Were the organization ' s financial statements compiled or reviewed by an independent accountant
If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a
separate basis, consolidated basis, or both-
Separate basis = Consolidated basis Both consolidated and separate basis
b Were the organization ' s financial statements audited by an independent accountant?
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis,
consolidated basis, or both
Separate basis 0 Consolidated basis Both consolidated and separate basis
c If "Yes " to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,
review , or compilation of its financial statements and selection of an independent accountant
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule 0
3a As a result of a federal award , was the organization required to undergo an audit or audits as set forth in the Single Audit
Act and OMB Circular A-133?
b If "Yes," did the organization undergo the required audit or audits'? If the organization did not undergo the required audit
-2,876,351.
278,737,933.
Yes No
2a X
X
43201211-07-14
L3521015 144198 59187
Form 990 (2014)
13
2014 . 04030 UND ALUMNI ASSOCIATION AN 591873
SCHEDULE•A Public Charity Status and Public SupportOMB No 's45-e°"
(Form 990 or 990-EZ) 2014Complete if the organization is a section 501(c)(3) organization or a section4947(a)(1) nonexempt charitable trust.
Department of the Treasury 1110- Attach to Form 990 or Form 990-EZ. Open to PublicInternal Revenue Service information about Schedule A (Form 990 or 990- EZ) and its instructions is at www its ovlfom1990 Inspection
Name of the organization Employer identification number
UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296Part I Heason Tor Public (: Rarity Status (All organizations must complete this part.) See instructions
The organization is not a private foundation because it is- (For lines 1 through 11, check only one box)
1 F-1 A church, convention of churches , or association of churches described in section 170(b)(1)(A)(i).
2 A school described in section 170(b)( 1)(A)(ii). (Attach Schedule E)
3 A hospital or a cooperative hospital service organization described in section 170(b )( 1)(A)(iii).
4 0 A medical research organization operated in con j unction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name,
city, and state
5 FXI An organization operated for the benefit of a college or university owned or operated by a governmental unit descnbed in
section 170(b)(1)(A)(iv ). (Complete Part II.)
6 A federal, state , or local government or governmental unit described in section 170(b)(1)(A)(v).
7 An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in
section 170(b)(1)(A)(vi ). (Complete Part II.)
8 A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)
9 An organization that normally receives (1) more than 33 1/3% of its support from contributions , membership fees, and gross receipts from
activities related to its exempt functions - subject to certain exceptions , and (2 ) no more than 33 1/3% of its support from gross investment
income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975.
See section 509(a )(2). (Complete Part III )
10 An organization organized and operated exclusively to test for public safety See section 509(a)(4).
11 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or
more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) See section 509(a)(3). Check the box in
lines 11 a through 11 d that describes the type of supporting organization and complete lines 11 e, 11 f, and 11 g
a U Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically Dy giving
the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting
organization You must complete Part IV, Sections A and B.
b Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having
control or management of the supporting organization vested in the same persons that control or manage the supported
organization(s) You must complete Part IV, Sections A and C.
c Type III functionally integrated . A supporting organization operated in connection with, and functionally integrated with,
its supported organization(s) (see instructions) You must complete Part IV, Sections A, D, and E.
d 0 Type III non-functionally integrated . A supporting organization operated in connection with its supported organization(s)
that is not functionally integrated The organization generally must satisfy a distribution requirement and an attentiveness
requirement (see instructions) You must complete Part IV, Sections A and D, and Part V.
e Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III
functionally integrated , or Type III non-functionally integrated supporting organization.
f Enter the number of supported organizations
Provide the following information about the su pport orqanization (s)(i) Name of supported
organization
(ii) EIN (oil) Type of organization
(described on lines 1-9
above or IRC section
(iv) Is the organizationlisted in your
governing document?
(v) Amount of monetary
support (see
(vt) Amount of
other support (see
(see instructions )) Yes NoInstructions) Instructions)
Total
LHA For Paperwork Reduction Act Notice , see the Instructions for
Form 990 or 990- EZ. 432021 09-17-14
Schedule A (Form 990 or 990-EZ) 2014
141.3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187
Schedule A Form 990 or 990-EQ 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Pa e 2art 11 support Schedu l e for Organizations Descri bed in Sections 170(b)(1)(A)( iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III If the organization
fails to qualify under the tests listed below, please complete Part III.)
Cpctinn A Piihlic Sunnnrt
Calendar year ( or fiscal year beginning in) ► (a ) 2010 (b ) 2011 c 2012 (d ) 2013 (e) 2014 Total
1 Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants") 8528732. 6057924. 8085122. 0684929. 3762289. 17118996
2 Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf
3 The value of services or facilities
furnished by a governmental unit to
the organization without charge
4 Total . Add lines 1 through 3 8528732. 6057924. 8085122. 0684929. 3762289. 17118996
5 The portion of total contributions
by each person (other than a
governmental unit or publicly
%
supported organization) included
on line 1 that exceeds 2% of the
amount shown on line 11,
column (f) 0 9 5 2 6 01.
6 Public support. Subtract line 5 from line 4 - 11 06166 395Section B . Total Support
Calendar year ( or fiscal year beginning in) ► (a ) 2010 (b) 2011 c 2012 (d ) 2013 (e) 2014 Total
7 Amounts fromline4 8528732. 26057924. 8085122. 0684929. 3762289. 17118996
8 Gross income from interest,
dividends, payments received on
securities loans, rents, royalties
and income from similar sources 3170141. 4616680. 4391148. 6977133. 5495120. 4650222.
9 Net income from unrelated business
activities, whether or not the
business is regularly carried on
10 Other income Do not include gain
or loss from the sale of capital
assets (Explain in Part VI) 2821623. 2325395. 36 804. 5183822.
11 Total support . Add lines 7 through 10 1 46953040
12 Gross receipts from related activities, etc (see instructions) 12 9,695,340.
13 First five years . If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3)
organization check this box and stop here ► ElSection Computation of Support Percentage
14 Public support percentage for 2014 (line 6, column (f) divided by line 11, column (f)) 14 7 2 • 2 5 %
15 Public support percentage from 2013 Schedule A, Part II, line 14 15 74 • 01 %
16a 33 1/3% support test - 2014. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and
stop here . The organization qualifies as a publicly supported organization ►
b 33 1/3% support test - 2013. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ► El
17a 10% -facts -and-circumstances test - 2014. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,
and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization
meets the "facts-and-circumstances" test The organization qualifies as a publicly supported organization ►0
b 10% -facts -and-circumstances test - 2013. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or
more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here . Explain in Part VI how the
organization meets the "facts-and-circumstances" test The organization qualifies as a publicly supported organization ► El
18 Private foundation . If the organization did not check a box on line 13, 16a. 16b, 17a, or 17b, check this box and see instructions ► El
Schedule A (Form 990 or 990-EZ) 2014
43202209-17-14
15
L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Schedule A Form 990 or 990 2014 Pag e 3Part 11111ji Support Schedu l e Tor Organizations Descri bed in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II If the organization fails to
qualify under the tests listed below, please complete Part II )
Section A. Public Support
Calendar year ( or fiscal year beginning in) Poo- (a ) 2010 (b) 2011 c 2012 (d) 2013 (e ) 2014 Total
1 Gifts, grants, contnbutions, and
membership fees received (Do not
include any "unusual grants ")
2 Gross receipts from admissions,merchandise sold or services per-formed, or facilities furnished inany activity that is related to theorganization's tax-exempt purpose
3 Gross receipts from activities that
are not an unrelated trade or bus-
iness under section 513
4 Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf
5 The value of services or facilities
furnished by a governmental unit to
the organization without charge
6 Total . Add lines 1 through 5
7a Amounts included on lines 1, 2, and
3 received from disqualified persons
b Amounts included on lines 2 and 3 received
from other than disqualified persons that
exceed the greater of $5,000 or 1% of the
amount on line 13 for the year
c Add lines 7a and 7b
8 Public support (Subtract line 7c from line 6) v^ra ia: <ws i wax Az -?ssW lum.gaml
Section B. Total Support
Calendar year ( or fiscal year beginning in) ►9 Amounts from line 6
10a Gross income from interest,dividends, payments received onsecurities loans, rents, royaltiesand income from similar sources
b Unrelated business taxable income
(less section 511 taxes) from businesses
acquired after June 30, 1975
c Add lines 1 Oa and 1Ob11 Net income from unrelated business
activities not included in line 10b,whether or not the business isregularly carried on
12 Other Income Do not include gainor loss from the sale of capitalassets (Explain in Part VI )
13 Total support. (Add lines 9, 10c, 11, and 12)
a 2010 b 2011 c 2012 d 2013 a 2014 Total
14 First five years . If the Form 990 is for the organization ' s first , second , third, fourth , or fifth tax year as a section 501(c)(3) organization,
check this box and stop here ►0Section C . Computation of Public Support Percentage
15 Public support percentage for 2014 (line 8, column (f) divided by line 13, column (f)) eye
16 Public support percentage from 2013 Schedule A, Part III, line 15 11b I ie
Section D. Computation of Investment Income Percentage
17 Investment income percentage for 2014 (line 1 Oc , column (f) divided by line 13, column (f)) 17 %
18 Investment income percentage from 2013 Schedule A, Part III, line 17 18 %
19a 33 1 /3% support tests - 2014 . If the organization did not check the box on line 14 , and line 15 is more than 33 1/3%, and line 17 is not
more than 33 1 /3%, check this box and stop here . The organization qualifies as a publicly supported organization ►Q
b 33 1 /39/6 support tests - 2013 . If the organization did not check a box on line 14 or line 19a , and line 16 is more than 33 1/3%, and
line 18 is not more than 33 1/3%, check this box and stop here . The organization qualifies as a publicly supported organization ►
20 Private foundation . If the organization did not chec k a box on line 14 , 19a, or 19b, check this box and see instructions ►0
432023 09-17-14 Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Forni 990 or 990-EZ) 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 4 5 - 0 3 4 8 2 9 6 Page 4Part IV Supporting Organizations
(Complete only if you checked a box on line 11 of Part I If you checked 11 a of Part I, complete Sections A
and B If you checked 11 b of Part I, complete Sections A and C If you checked 11 c of Part I, complete
Sections A, D, and E If you checked 11 d of Part I, complete Sections A and D, and complete Part V)
Section A. All Supporting Organizations
1 Are all of the organization's supported organizations listed by name in the organization's governing
documents? If 'No" describe in Part V1 how the supported organizations are designated. If designated by
class or purpose, descnbe the designation If historic and continuing relationship, explain
2 Did the organization have any supported organization that does not have an IRS determination of status
under section 509(a)(1) or (2)'? If "Yes," explain in Part V1 how the organization determined that the supported
organization was descnbed in section 509(a)(1) or (2).
3a Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer
(b) and (c) below.
b Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and
satisfied the public support tests under section 509(a)(2)? If "Yes, " describe in Part VI when and how the
organization made the determination
c Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)
(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
4a Was any supported organization not organized in the United States ("foreign supported organization")'? If
"Yes" and if you checked 1la or 1 lb in Part I, answer (b) and (c) below
b Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign
supported organization? If "Yes," describe in Part VI how the organization had such control and discretion
despite being controlled or supervised by or in connection with its supported organizations
c Did the organization support any foreign supported organization that does not have an IRS determination
under sections 501 (c)(3) and 509(a)(1) or (2)'? If "Yes, " explain in Part V1 what controls the organization used
to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B)
purposes.
5a Did the organization add, substitute, or remove any supported organizations during the tax year? If "yes,,,
answer (b) and (c) below (f applicable) Also, provide detail in Part VI, including () the names and EIN
numbers of the supported organizations added, substituted, or removed, (h) the reasons for each such action,
(u) the authority under the organization's organizing document authorizing such action, and (v) how the action
was accomplished (such as by amendment to the organizing document)
b Type I or Type II only. Was any added or substituted supported organization part of a class already
designated in the organization's organizing document?
c Substitutions only. Was the substitution the result of an event beyond the organization's control'?
6 Did the organization provide support (whether in the form of grants or the provision of services or facilities) to
anyone other than (a) its supported organizations, (b) individuals that are part of the charitable class
benefited by one or more of its supported organizations, or (c) other supporting organizations that also
support or benefit one or more of the filing organization's supported organizations? If "Yes," provide detail in
Part Vl
7 Did the organization provide a grant, loan, compensation, or other similar payment to a substantial
contributor (defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent
controlled entity with regard to a substantial contributor'? If "Yes," complete Part I of Schedule L (Form 990).
8 Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7'
If "Yes, " complete Part I of Schedule L (Form 990)
9a Was the organization controlled directly or indirectly at any time during the tax year by one or more
disqualified persons as defined in section 4946 (other than foundation managers and organizations described
in section 509(a)(1) or (2))' If "Yes," provide detail in Part VI
b Did one or more disqualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which
the supporting organization had an interest? If "Yes," provide detail in Part VI
c Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit
from, assets in which the supporting organization also had an interest? If "Yes," provide detail in Part VI
10a Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f)
(regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting
organizations)' If "Yes," answer (b) below
b Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to
432024 09-17-14
L3521015 144198 59187
Yes No
1
2
5c
10a
Schedule A (Form 990 or 990-EZ) 2014
17
2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
Schedule A Form 990 or 990-EZ) 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 4 5 - 0 3 4 8 2 9 6 Pageart , Supporting Organizations (con tinued)
Yes No
11 Has the organization accepted a gift or contribution from any of the following persons'
a A person who directly or indirectly controls, either alone or together with persons described in (b) and (c)
below, the governing body of a supported organizations 11a
b A family member of a person described in (a) above? 11b
c A 35% controlled entity of a person described in (a) orb above? If "Yes" to a. b. or c. provide detail in Part V1. 11c
Section B. Type I Supporting Organizations
1 Did the directors , trustees , or membership of one or more supported organizations have the power to
regularly appoint or elect at least a majority of the organization ' s directors or trustees at all times during the
tax year? If "No," descnbe in Part VI how the supported organization(s) effectively operated, supervised, or
controlled the organization 's activities . If the organization had more than one supported organization,
descnbe how the powers to appoint and/or remove directors or trustees were allocated among the supported
organizations and what conditions or restnctions, if any, applied to such powers dunng the tax year.
2 Did the organization operate for the benefit of any supported organization other than the supported
organization (s) that operated , supervised, or controlled the supporting organization? If "Yes , " explain in
Part VI how providing such benefit camed out the purposes of the supported organization (s) that operated,
Section C . Type II Supporting Organizations
Yes No
1 Were a majority of the organization ' s directors or trustees during the tax year also a majority of the directors
or trustees of each of the organization ' s supported organization (s) If "No, " descnbe in Part VI how control
or management of the supporting organization was vested in the same persons that controlled or managed
the supported oraanization(^). 1
Section D. Type III Supporting Organizations
Yes No
1 Did the organization provide to each of its supported organizai^o^is , by the last day of the fifth month of the
organization 's tax year, (1) a written notice describing the type and amount of support provided during the prior tax
year , (2) a copy of the Form 990 that was most recently filed as of the date of notification , and (3) copies of the VCJ
organization 's governing documents in effect on the date of notification , to the extent not previously provided'? 1
2 Were any of the organization's officers, directors , or trustees either (i) appointed or elected by the supported
organization (s) or (ii ) serving on the governing body of a supported organization '? If "No, " explain in Part VI how
the organization maintained a close and continuous working relationship with the supported organization(s) 2
3 By reason of the relationship described in (2), did the organization 's supported organizations have a
significant voice in the organization's investment policies and in directing the use of the organization's
income or assets at all times during the tax years If "Yes," descnbe in Part VI the role the organization's
supported oroanizahons olaved in this regard. 3Section E . Type III Functionally - Integrated Supporting Organizations
1 Check the box next to the method that the organization used to satisfy the Integral Part Test dunng the year (see instructions)
a The organization satisfied the Activities Test Complete line 2 below
b The organization is the parent of each of its supported organizations Complete line 3 below.
c The organization supported a governmental entity Descnbe in Part VI how you supported a government entity (see instructions)
2 Activities Test Answer (a) and (b) below Yes No
a Did substantially all of the organization's activities during the tax year directly further the exempt purposes of
the supported organization (s) to which the organization was responsive '? If "Yes," then in Part VI identify
those supported organizations and explain how these activities directly furthered their exempt purposes,
how the organization was responsive to those supported organizations , and how the organization determined
that these activities constituted substantially all of its activities 2a
b Did the activities described in (a) constitute activities that, but for the organization's involvement , one or more
of the organization ' s supported organization (s) would have been engaged ins If ' Yes," explain in Part VI the
reasons for the organization 's position that its supported organization (s) would have engaged in these
activities but for the organization 's involvement 2b
3 Parent of Supported Organizations Answer (a) and (b) below
a Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or
trustees of each of the supported organizations" Provide details in part VI 3a
b Did the organization exercise a substantial degree of direction over the policies , programs, and activities of each
of its supported organizations ? If "Yes , " describe in part yj the role n1aved by the e) 3b
432025 09-17-14 Schedule A (Form 990 or 990-EZ) 2014
1813521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591871
Schedule A Forrn 990 or 990-E 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 6art Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1 0 Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov 20, 1970 See instructions. All
nthnr Tvnn III nnn-f, inrfinnniiv mtonrntnri ci innnrtinn nrnnn17nt1nne mi it rmmniPto Rarfinnc A thrni inh F
Section A - Adjusted Net Income (A) Prior Year(B) Current Year
(optional )
1 Net short-term cap ital g ain 1
2 Recoveries of pnor-year distributions 2
3 Other g ross income (see instructions ) 3
4 Add lines 1 through 3 4
5 Depreciation and depletion 5
6 Portion of operating expenses paid or incurred for production or
collection of gross income or for management, conservation, or
maintenance of prop erty for production of income (see instructions ) 6
7 Other expenses (see instructions) 7
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4 ) 8
Section B - Minimum Asset Amount (A) Prior Year(B) Current Year
(optional )
1 Aggregate fair market value of all non-exempt-use assets (see
instructions for short tax year or assets held for part of year) e. ^2^r x
a Average monthly value of securities la
b Average monthly cash balances lb
c Fair market value of other non-exem pt-use assets 1c
d Total (add lines 1a, 1b, and 1c ld
e Discount claimed for blockage or other
factors (exp lain in detail in Part VI )
2 Acquisition indebtedness app licable to non-exem pt-use assets 2
3 Subtract line 2 from line 1 d 3
4 Cash deemed held for exempt use Enter i-1/2io of ime 3 (ior greater amount,
see instructions) 4
5 Net value of non-exem pt-use assets (subtract line 4 from line 3) 5
6 Multi p l y line 5 by 035 6
7 Recoveries of priorear distributions 7
8 Minimum Asset Amount (add line 7 to line 6) 8
Section C - Distributable Amount Current Year
1 Ad j usted net income for p rior year (from Section A , line 8, Column A) 1
2 Enter 85% of line 1 2
3 Minimum asset amount for p rior year (from Section B , line 8 , Column A) 3
4 Enter g reater of line 2 or line 3 4
5 Income tax imposed in p rior year 5
6 Distributable Amount . Subtract line 5 from line 4, unless subject to
emergency tem porary reduction (see instructions ) 6
7 0 Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see
instructions)
Schedule A (Form 990 or 990-EZ) 2014
43202609-17-14
1913521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Schedule A Form 990 or 990-EZ) 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 7
rP-a-r-tV TvDe III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued)
Section D - Distributions Current Year
1 Amounts paid to su pported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported
organizations, in excess of income from activit y
3 Administrative expenses paid to accomplish exem pt p urposes of supported org anizations
4 Amounts paid to acq uire exempt-use assets
5 Qualified set-aside amounts (p rior IRS approval required )
6 Other distributions describe in Part VI ) See Instructions
7 Total annual distributions . Add lines 1 through 6
8 Distributions to attentive supported organizations to which the organization is responsive
(p rovide details in Part VI ) See Instructions
9 Distributable amount for 2014 from Section C , line 6
in I n A o of rlnnricri by I inn Q amn. mt
Section E - Distribution Allocations (see instructions)
(i)
Excess Distributions
(ii)
Underdistributions
Pre-2014
(III)
Distributable
Amount for 2014
1 Distributable amount for 2014 from Section C , line 6
2 Underdistributions, if any, for years prior to 2014
(reasonable cause required-see instructions)
3 Excess distributions carryover, if any , to 2014
a -
b
C
d4,
'7
e From 2013
f Total of lines 3a throu g h e
A lied to underdistributions of p rior years
h Applied to 2014 distributable amount
i Carryover from 2009 not applied (see instructions )
' Remainder Subtract lines 3q , 3h, and 31 from 3f
4 Distributions for 2014 from Section D,
line 7 $
a Applied to underdistributions of p rior years
b App lied to 2014 distributable amount
c Remainder Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2014, if
any Subtract lines 3g and 4a from line 2 (if amount
g reater than zero , see instructions )
6 Remaining underdistributions for 2014 Subtract lines 3h
and 4b from line 1 (if amount greater than zero, see
instructions )
7 Excess distributions carryover to 2015 . Add lines 3j
and 4c
8 Breakdown of line 7
a
b
c
d Excess from 2013
e Excess from 2014
Schedule A (Form 990 or 990-EZ) 2014
43202709-17-14
20
L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
Schedule A Form 990 or 990-E 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Pag e 8
F^1 Supplemental Information . Provide the explanations required by Part II, line 10, Part II, line 17a or 17b, and Part III, line 12
Also complete this part for any additional information (See instructions)
432028 09-17-14 Schedule A (Form 990 or 990-EZ) 2014
21L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
SCHEDULE C
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying ActivitiesFor Organizations Exempt From Income Tax Under section 501(c) and section 527
► Complete if the organization is described below. ► Attach to Form 990 or Form 990-EZ.
► Information about Schedule C ( Form 990 or 990-EZ) and its instructions is at www.irs gov/form990
OMB No 1545-0047
2014
If the organization answered "Yes," to Form 990, Part IV, line 3, or Form 990-EZ , Part V, line 46 (Political Campaign Activities), then
• Section 501 (c)(3) organizations Complete Parts I-A and B Do not complete Part I-C
• Section 501(c) (other than section 501 (c)(3)) organizations Complete Parts I-A and C below Do not complete Part I-B
• Section 527 organizations Complete Part I-A only
If the organization answered "Yes," to Form 990, Part IV, line 4, or Form 990-EZ , Part VI, line 47 (Lobbying Activities), then
• Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B
• Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)) Complete Part II-B Do not complete Part II-A.
If the organization answered "Yes," to Form 990, Part IV, line 5 (Proxy Tax) (see separate instructions ) or Form 990-EZ , Part V, line 35c (Proxy
Tax) (see separate instructions), then
• Section 501(c)(4). (5). or (6) oraanlzations Complete Part IIIName of organization Employer identification number
UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296Earth u a' Complete if the organization is exempt under section 501(c) or is a section 527 organization.
1 Provide a description of the organization ' s direct and indirect political campaign activities in Part IV
2 Political expenditures ► $
3 Volunteer hours
Partl-B1 Complete if the organization is exempt under section 501(c)(3).
1 Enter the amount of any excise tax incurred by the organization under section 4955 ► $
2 Enter the amount of any excise tax incurred by organization managers under section 4955 ► $
3 If the organization incurred a section 4955 tax, did it file Form 4720 for this year? Yes No
4a Was a correction made? Yes No
b If "Yes describe in Part IV,x,;art Compl ete it th e organization is exempt under section 501(c) , except section c
1 Enter the amount directly expended by the filing organization for section 527 exempt function activities ► $
2 Enter the amount of the filing organization ' s funds contributed to other organizations for section 527
exempt function activities ► $
3 Total exempt function expenditures Add lines 1 and 2 Enter here and on Form 11 20-POL,
line 17b ► $
4 Did the filing organization file Form 1120- POL for this year" 0 Yes No
5 Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing organization
made payments For each organization listed , enter the amount paid from the filing organization's funds Also enter the amount of political
contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a
political action committee (PAC) If additional space is needed , provide information in Part IV
(a) Name (b) Address (c) EIN (d) Amount paid fromfiling organization's
funds If none, enter -0-
(e) Amount of politicalcontributions received and
promptly and directlydelivered to a separatepolitical organization.
If none, enter -0-
For Paperwork Reduction Act Notice , see the Instructions for Form 990 or 990-EZ. Schedule C (Form 990 or 990- EZ) 2014
LHA43204110-21-14
2713521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187
Schedule C Form 990 or 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 4 5 - 0 3 4 8 2 9 6rp-art Il - omo ete i the oroanizatlon is exemDt under section 501 (c)(3) and f i led Form 5768 (e l ection un
section 501(h)).
A Check ► if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN,
expenses, and share of excess lobbying expenditures).
B Check ► n if the filing organization checked box A and "limited control" provisions apply
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.)
1 a Total lobbying expenditures to influence public opinion (grass roots lobbying)
b Total lobbying expenditures to influence a legislative body (direct lobbying)
c Total lobbying expenditures (add lines 1 a and 1 b)
d Other exempt purpose expenditures
e Total exempt purpose expenditures (add lines 1c and 1d)
f Lobbvinq nontaxable amount Enter the amount from the following table in N
(a) Filing I (b) Affiliated grouporganization's totals
totals
`?
l4
^4d'&
t ^i s
g Grassroots nontaxable amount (enter 25% of line 1f)
h Subtract line 1 g from line 1 a If zero or less, enter -0-
i Subtract line 1f from line 1c If zero or less, enter -0- -.
j If there is an amount other than zero on either line 1 h or line 11, did the organization file Form 4720
reporting section 4911 tax for this year? 0 Yes No
4-Year Averaging Period Under section 501(h)
(Some organizations that made a section 50i(n) election do not have to compiete ail of the five columns below.
See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (a) 2011 (b) 2012 (c) 2013 (d) 2014 (e) Total(or fiscal year beginning in)
2a Lobbyin g nontaxable amount 406,049 . 1,000,000 . 1,000,000. 2,406,049.
b Lobbying ceiling amount &' .'- ' >€
(150% of line 2a , column(e)) 641 3, 6 0 9,074 .
c Total lobbyin g expenditures 284,996 . 1,921. 286,917.
d Grassroots nontaxable amount 101, 512 . 250,000. 250,000 . 601,512.
e Grassroots ceiling amount
(150% of line 2d , column (e)) 902,268.
f Grassroots lobbyin g expenditures
Schedule C (Form 990 or 990-EZ) 2014
43204210-21-14
13521015 144198 5918728
2014.04030 UND ALUMNI ASSOCIATION AN 591873
Schedule C Forrih 990 or 990-EZ 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Pa e 3
I Part- Comp l ete I the organization is exempt under section c and has NOT fi l ed Form 5768
(election under section 501(h)).
For each 'Yes,' response to lines la through 1i below, provide in Part IV a detailed description (a)
of the lobbying activity Yes No Amount
1 During the year , did the filing organization attempt to influence foreign , national, state or
local legislation , including any attempt to influence public opinion on a legislative matter
or referendum , through the use of
a Volunteers?
b Paid staff or management (include compensation in expenses reported on lines 1 c through 11)?
c Media advertisements?
d Mailings to members , legislators , or the public?
e Publications , or published or broadcast statements?
f Grants to other organizations for lobbying purposes?
g Direct contact with legislators , their staffs, government officials, or a legislative body?
h Rallies, demonstrations , seminars , conventions , speeches , lectures, or any similar means?
i Other activities?
Total Add lines 1 c through 11
2a Did the activities in line 1 cause the organization to be not described in section 501 (c)(3)?
b If "Yes, " enter the amount of any tax incurred under section 4912
c If "Yes," enter the amount of any tax incurred by organization managers under section 4912
d If the filin g org anization incurred a section 4912 tax , did it file Form 4720 for this ear?
Part III-A Complete if the organization is exempt under section 501 (c)(4), section 501 (c)(5), or section501(c)(6).
Yes No
1 Were substantially all (90% or more) dues received nondeductible by members? 1less?2 Did the organization make only in - nouse lobbying a,cpar^d,t.res of. $nWes,0,...00., o..,r 2
PartIII-B Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No," OR (b) Part III-A, line 3, isanswered "Yes."
1 Dues, assessments and similar amounts from members
2 Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a Current year 2a
b Carryover from last year 2b
c Total 2c
3 Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues 3
4 If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess
does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political
expenditure next year? 4
5 Taxable amount of lobbvina and political expenditures (see instructions) 5
nProvide the descriptions required for Part I•A, line 1, Part 1•B, line 4, Part I-C, line 5, Part II-A (affiliated group list), Part II-A, lines 1 and 2 (see
instructions), and Part II-B, line 1 Also, complete this part for any additional information
43204310-21-14
13521015 144198 59187
Schedule C (Form 990 or 990-EZ) 2014
292014.04030 UND ALUMNI ASSOCIATION AN 59187_3
SCHEDULE D Supp lemental Financia l Statements VM6 No 1545-0047
(Form 990) ► Complete if the organization answered "Yes" to Form 990,I2014Part IV, line 6, 7 , 8, 9, 10 , 1la, 11b , 11c, 11d, 11e, 11f, 12a, or 12b.
Department of the Treasury 10- Attach to Form 990. . ; ^^ , pen o U IC
Internal Revenue Service Information about Schedule D (Form 990) and its instructions is at '.Inspection
Name of the organization Employer identification numberUND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296
Fart;l Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts . Complete if theorganization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year
2 Aggregate value of contributions to (during year)
3 Aggregate value of grants from (during year)
4 Aggregate value at end of year
5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds
are the organization ' s property , subject to the organization ' s exclusive legal control? Q Yes El No
6 Did the organization inform all grantees , donors, and donor advisors in writing that grant funds can be used only
for charitable purposes and not for the benefit of the donor or donor advisor , or for any other purpose conferring
-impermissible private benefit? Yes No
:Paull Conservation Easements . Complete if the organization answered "Yes" to Form 990, Part IV, line 7
1 Purpose (s) of conservation easements held by the organization (check all that apply)
El Preservation of land for public use (e . g , recreation or education) El Preservation of a historically important land area
Protection of natural habitat El Preservation of a certified historic structure
0 Preservation of open space
2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last
day of the tax year
a Total number of conservation easements
b Total acreage restricted by conservation easements
c Number of conservation easements on a certified historic structure included in (a)
d Number of conservation easements included in (c) acquired after 8/17/06 , and not on a historic structure
listed in the National Register
3 Number of conservation easements modified , transferred , released , extinguished , or terminated by the organization during the tax
year ►4 Number of states where property subject to conservation easement is located ►5 Does the organization have a written policy regarding the periodic monitoring , inspection , handling of
violations, and enforcement of the conservation easements it holds? 0 Yes El No
6 Staff and volunteer hours devoted to monitoring , inspecting , and enforcing conservation easements during the year ►7 Amount of expenses incurred in monitoring , inspecting , and enforcing conservation easements during the year ► $
8 Does each conservation easement reported on line 2(d ) above satisfy the requirements of section 170(h )(4)(B)(i)
and section 170(h)(4)(B)(n)" = Yes El No
9 In Part XIII , describe how the organization reports conservation easements in its revenue and expense statement , and balance sheet, and
include, if applicable, the text of the footnote to the organization ' s financial statements that describes the organization ' s accounting for
conservation easements
Part- III:. Organizations Maintaining Collections of Art , Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8
1a If the organization elected , as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art,
historical treasures , or other similar assets held for public exhibition, education, or research in furtherance of public service, provide , in Part XIII,
the text of the footnote to its financial statements that describes these items
b If the organization elected , as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, histoncal
treasures , or other similar assets held for public exhibition, education , or research in furtherance of public service , provide the following amounts
relating to these items
(t) Revenue included in Form 990 , Part VIII, line 1 ► $ 0
( ii) Assets included in Form 990 , Part X ► $ 1,674,604.
2 If the organization received or held works of art, historical treasures , or other similar assets for financial gain, provide
the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items
a Revenue included in Form 990, Part VIII , line 1 ► $
b Assets included in Form 990 , Part X ► $
LHA For Paperwork Reduction Act Notice , see the Instructions for Form 990 . Schedule D (Form 990) 201443205110-01-14
30L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
ched ule D (Form 990) 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45- 0348296 Paae 2?artlllP Organizations Maintaining Collections of Art, Historical Treasures , or Other Similar Assets (continued)
3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items
(check all that apply)
a 0 Public exhibition d Q Loan or exchange programs
b F-1 Scholarly research e FX1 Other EDUCATIONAL
c Preservation for future generations
4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIII
5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets
to be sold to raise funds rather than to be maintained as p art of the organization's collection'? Yes X NoDart lVn Escrow and Custodial Arrangements . Complete if the organization answered "Yes" to Form 990, Part IV, line 9, or
reported an amount on Form 990, Part X, line 21
la Is the organization an agent , trustee, custodian or other intermediary for contributions or other assets not included
on Form 990 , Part X' Yes 0 No
b If "Yes," explain the arrangement in Part XIII and complete the following table
Amount
c Beginning balance 1c
d Additions during the year 1d
e Distributions during the year le
f Ending balance if
2a Did the organization include an amount on Form 990 , Part X , line 21 , for escrow or custodial account liability ? OX Yes 0 No
b If "Yes , " exp lain the arrangement in Part XIII Check here if the explanation has been provided in Part XIII X
Pa1;t V , Endowment Funds . Complete if the organization answered " Yes" to Form 990, Part IV , line 10.
la Beginning of year balance
b Contributions
c Net investment earnings, gains, and losses
d Grants or scholarships
e Other expenditures for facilities
and programs
f Administrative expenses
g End of year balance
(a) Current year (b) Prior year c Two years back d Three years back (e ) Four years back198,476 225. 162 785 000. 140 259 422. 122 282,422. 100 97 2 ,000.
12,529,000. 20 719 000. 14 317 000. 22 112 000. 10, 021 ,000.
6 , 765 , 000. 24,514 ,000. 17 142,000. 2 , 903 , 000. 18 701 000.
2 , 539 , 000. 1 , 785 , 943. 1 , 727 , 860. 1,843 740. 1 , 783 , 464.
8,176, 000. 4,119,832. 4 , 019 , 562. 1 2 , 632 , 260. 3, 394 ,114.
4 , 055 , 000. 1 3 , 636 , 000. 1 3, 186, 000. 2,562 000. 2 , 234 , 000.
203 000 225. 198 476 225. 162 785 000. 140,259,422. 122,282 422.
2 Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as
a Board designated or quasi-endowment ► 20.31 %
b Permanent endowment Ilip- 76!28 %c Temporarily restricted endowment ► 3.41 %
The percentages in lines 2a, 2b, and 2c should equal 100%
3a Are there endowment funds not in the possession of the organization that are held and administered for the organization
by Yes No
(i) unrelated organizations 3a i X
(ii) related organizations 3a ii X
b If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? 3b
4 Describe in Part XIII the intended uses of the organization's endowment fundsPartVir Land, Buildings , and Equipment.
Description of property (a) Cost or other
basis (investment)(b) Cost or other
basis (other)(c) Accumulated
depreciation(d) Book value
la Land 5,755,677. 5,755,677.b Buildings 943,685 . 11,155,441. 763,813. 11,335,313.c Leasehold improvements
d Equipment 1,829,270. 923,167. 906,103.e Other
Total . Add lines la throu gh 1 e 17 997 093.
Schedule D (Form 990) 2014
43205210-01-14
13521015 144198 5918731
2014.04030 UND ALUMNI ASSOCIATION AN 59187 ]
ScheduleD Form990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Pa e3PartVii Investments - Other Securities.
Cmminlatc± if the nrnanizatinn answered "Yes" to Form 990. Part IV. line 11 h See Form 990. Part X. line 12
(a) Description of security or category (including name of security) (b) Book value (c) Method of valuation Cost or end-of-year market value
(1) Financial derivatives
(2) Closely - held equity interests
(3) Other
(A) CHARITABLE REMAINDER
(B) TRUST INVESTMENTS 20,837,786. END-OF -YEAR MARKET VALUE
C ANNUITY INVESTMENTS 4,592,718. END -OF -YEAR MARKET VALUE
(D) MINERAL RIGHTS 498 , 190. END -OF -YEAR MARKET VALUECSV OF LIFE INSURANCEPOLICIES 432,992 . END -OF -YEAR MARKET VALUE
(G ) SEI ALTERNATIVEFI INVESTMENTS 37,602,309. END -OF -YEAR MARKET VALUE
Total. ( Col. ( b ) must a ual Form 990 , Part X , col. ( B ) line 12. ) 110 0 4 8 4 9 5
Pal rt:ylll Investments - Program Related.(`mminI to if the nrnnnnatmn answered "Yes" to Form 99n Part IV line 11c Sae Fnrm 990 Part X line 13
(a) Description of investment (b) Book value (c) Method of valuation - Cost or end-of-year market value
( 1 )
(2)
(3)
(4)
(5)
(6)
(7 )
(8)
(9)
Total. (Col. ( b) must equal Form 990, Part X, col. (B ) line 13.) ► 1 1 6 7
[ Part IX i Other Assets.
Cmmnlete if the ornanization answered "Yes" to Form 990. Part IV. line 11 d See Form 990. Part X. line 15
(a) Description (b) Book value
1
(2 )
(3 )
(4 )
(5 )
(6)
(7 )
(8)
(9)
Total.Part X Other Liabilities.
Complete if the organization answered "Yes" to Form 990 , Part IV , line 11 e or 11 f See Form 990, Part X, line 25
1 (a) Description of liability (b) Book value
( 1 ) Federal income taxes
(2 ) LIABILITIES UNDER CHARITABLE(3 ) REMAINDER TRUSTS 14,440,551.
(4) ANNUITIES PAYABLE 3,557,148.
(5)
(6)
(7 )
(8)
(9)
Total . C olumn must equal Form 990. Part X. col. (B ) line 25.) 17,997,699.1
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization ' s financial statements that reports the
organization ' s liability for uncertain tax positions under FIN 48 (ASC 740) Check here if the text of the footnote has been provided in Part XIII F
Schedule D (Form 990) 2014
4020 SEE PART XIII FOR CONTINUATIONS10-011--14
3213521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_1
Schedule D (Foram 990) 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348 296 Paoe 4Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.
Complete if the organization answered "Yes" to Form 990, Part IV, line 12a
1 Total revenue, gains, and other support per audited financial statements 1 1 31,285,031.2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments 2a 2,805,300.
b Donated services and use of facilities 2b
c Recoveries of pnor year grants 2c
d Other (Describe in Part XIII) 2d - 2 5 61 9 0 8 .e Add lines 2a through 2d 2e 243,392.
3 Subtract line 2e from line 1 3 31, 041,639.4 Amounts included on Form 990, Part VIII, line 12, but not on line 1 '`
a Investment expenses not included on Form 990, Part VIII, line 7b 4a 985,802.b Other (Describe in Part XIII.) 4b
c Add lines 4a and 4b 4c 985,802•
5 Total revenue Add lines sand 4e. nn„- --t F.,m, oar) P rf I tin 19 i 5 3 2 , 0 2 7 , 441.Part Xll I Reconciliation of Expenses per Audited Financial statements With Expenses per Return.
Complete if the organization answered "Yes" to Form 990, Part IV , line 12a
1 Total expenses and losses per audited financial statements 1 30,686,364.2 Amounts included on line 1 but not on Form 990, Part IX , line 25.
a Donated services and use of facilities 2a
b Prior year adjustments 2b
c Other losses 2c
d Other ( Describe in Part XIII ) 2d 314 , 443.e Add lines 2a through 2d 2e 314,443.
3 Subtract line 2e from line 1 3 30, 371,921 .
4 Amounts included on Form 990, Part IX , line 25, but not on line 1
i
a Investment expenses not included on Form 990 , Part VIII, line 7b 4a 985,802 .
b Caner (Describe in Part Xiii) 4b 18 ) 7 6 8 --- -
c Add lines 4a and 4b 4c 1,168,570 .
5 Total expenses Add lines 3 and 4c_ ,m, ..,,,ter oon P,,.r I I,n . tai 5 31 , 54 0 , 4 91.Part XIII Supplemental Information.
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1 a and 4, Part IV, lines lb and 2b; Part V, line 4, Part X, line 2, Part XI,
lines 2d and 4b; and Part XII, lines 2d and 4b Also complete this part to provide any additional information
PART III, LINE 4:
THE UND ALUMNI ASSOCIATION AND FOUNDATION'S MISSION IS TO PROMOTE AND
FURTHER THE DEVELOPMENT OF THE UNIVERSITY BY RAISING, MANAGING, AND
DISBURSING PRIVATE FUNDS FOR UNIVERSITY PROGRAMS. THE ORGANIZATION'S
COLLECTION IS USED FOR EDUCATIONAL PURPOSES AT THE UNIVERSITY OF NORTH
DAKOTA.
PART IV, LINE 2B:
THE FOUNDATION ACTS AS A TRUSTEE FOR FUNDS TRANSFERRED FROM THE UNIVERSITY
OF NORTH DAKOTA AND ANOTHER TAX EXEMPT ORGANIZATION FOR INVESTMENT
MANAGEMENT AND ADMINISTRATIVE PURPOSES. THE FUNDS ARE INVESTED ALONG WITH
THE FOUNDATION'S PORTFOLIO AND OFFSET BY A LIABILITY TO THE ORGANIZATIONS.43205410-01-14 Schedule D (Form 990) 2014
33!3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Schedule D Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Pa e 5art- Supplemental Information (continued)
PART V. LINE 4:
THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 1,400 INDIVIDUAL
FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH
DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD TO
FUNCTION AS ENDOWMENTS. THE LONG TERM GOAL OF THE ENDOWMENT FUNDS IS TO
ACHIEVE A RATE OF GROWTH SUFFICIENT TO MEET THE FOUNDATION'S SPENDING
NEEDS, WHILE MAINTAINING THE INFLATION-ADJUSTED PRINCIPAL OF THE ENDOWMENT
FUNDS.
PART X, LINE 2:
THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN
EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION
THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX
POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT
CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE
ORGANIZATION FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2015. THE
ORGANIZATION'S TAX RETURNS FOR FISCAL YEARS 2012 AND THEREAFTER ARE
SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:
DIRECT RENTAL EXPENSES 186,943.
DIRECT FUNDRAISING EXPENSES 127,500.
CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,876,351.
TOTAL TO SCHEDULE D, PART XI, LINE 2D -2,561,908.
PART XII. LINE 2D - OTHER ADJUSTMENTS:
DIRECT FUNDRAISING EXPENSES 127,500.
432055Schedule D (Form 990) 2014
10-01-14
34L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591871
Schedule D Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348 296 Pa e 5art,, Supplemental Information (continued)
DIRECT RENTAL EXPENSES 186,943.
TOTAL TO SCHEDULE D, PART XII, LINE 2D 314,443.
PART XII, LINE 4B - OTHER ADJUSTMENTS:
GRANTS TO ALUMNI ASSOCIATION OF THE UNIVERSITY OF NORTH
DAKOTA 182,768.
Schedule D (Form 990) 201443205510-01.14
3513521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
ScheduleD (Form 990 UND ALUMNI ASSOCIATION AND FOUNDATION 45-03 48296 Pa e5
Pa"r-tXII Supplemental Information (continued)
36L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
432421 05-01-14 Schedule D (Form 990)
SCHEDULE F Statement of Activities Outside the United States OMB No
(Form 990) ► Complete if the organization answered "Yes" on Form 990, Part IV, line 14b, 15, or 16. L(
Department of the Treasury► Attach to Form 990. Open
Internal Revenue Service ► Information about Schedule F (Form 990) and its instru ctions is at www irs gov/form990 Inspe,
Name of the organization Employer identification number
UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296
Part,l , General information on Activities Outside the United States . Complete if the organization answered "Yes" onForm 990, Part IV, line 14b
1 For grantmakers . Does the organization maintain records to substantiate the amount of its grants and other assistance,
the grantees' eligibility for the grants or assistance, and the selection cntena used to award the grants or assistance? Q Yes No
2 For grantmakers . Describe in Part V the organization's procedures for monitoring the use of its grants and other assistance outside the
United States
Actiwtii s oar Reninn iTha fnllnwinn Part l lino 3 tahlR can be duplicated rf additional space is needed.)
(a) Region (b) Number of
officesin the region
(c) Number ofemployees,agents, andindependentcontractors
in reg ion
(d) Activities conducted in region(by type) (e g , fundraising, program
services, investments, grants to
recipients located in the region)
(e) If activity listed in (d)
is a program service,describe specific typeof service(s) in region
(f) Totalexpenditures
for andinvestments
in region
CENTRAL AMERICA AND
THE CARIBBEAN -
ANTIGUA & BARBUDA,
ARUBA , BAHAMAS , 0 0 NVESTMENTS 3,491,053.
3 a Sub-total 0 0 23 491, 053.
b Total from continuation
sheets to Part I 0 0 0.
c Totals (add lines 3a
and 3b 0 0 23,491 053.
LHA For Paperwork Reduction Act Notice , see the Instructions for Form 990.
43207109-24-14
13521015 144198 59187
Schedule F (Form 990) 2014
37
2014 . 04030 UND ALUMNI ASSOCIATION AN 591873
Schedule F Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 2
Part II Grants and Other Assistance to Organizations or Entities Outside the United States . Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any
recipient who received more than $5,000 Part II can be duplicated if additional space is needed
1(a) Name of organization
(b) IRS code section
and EIN (if applicable)(c) Region
(d) Purpose of
grant
(e) Amount
of cash grant
(f) Manner of
cash disbursement
Amount of(g)non-cashassistance
Description(h)of non-cashassistance
(i) Method of .valuation (book, FMV,
appraisal, other)
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by
the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter 111111.
3 Enter total number of other organizations or entities ►
Schedule F (Form 990) 2014
43207209-24-14
38
Schedule F Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 3
Part III Grants and Other Assistance to Individuals Outside the United States . Complete if the organization answered "Yes" on Form 990, Part IV, line 16
Part III can be duplicated if additional space is needed
(a) Type of grant or assistance (b) Region (c) Number ofrecipients
(d) Amount ofcash grant
(e) Manner ofcash disbursement
(f) Amount ofnon-cashassistance
(g) Description ofnon-cash assistance
(h) Method ofvaluation
(book, FMV,appraisal, other)
Schedule F (Form 990) 2014
43207309-24-14
39
Schedule F Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 4art: ,; Foreign Forms
1 Was the organization a U S transferor of property to a foreign corporation during the tax years If yes, - the
organization may be required to file Form 926, Return by a U. S. Transferor of Property to a Foreign
Corporation (see Instructions for Form 926) 0 Yes Q No
2 Did the organization have an interest in a foreign trust during the tax year? If 'Yes,' the organization
may be required to file Form 3520, Annual Return To Report Transactions With Foreign Trusts and
Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With
a U S. Owner (see Instructions for Forms 3520 and 3520-A, do not (le with Form 990) Yes XI No
3 Did the organization have an ownership interest in a foreign corporation during the tax years If "yes,,,
the organization may be required to file Form 5471, Information Return of U S Persons With Respect To
Certain Foreign Corporations (see Instructions for Form 5471) 0 Yes XI No
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a
qualified electing fund during the tax years If "Yes, " the organization maybe required to file Form 8621,
Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund
(see Instructions for Form 8621) 0 Yes Xi No
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If ,yes,,,
the organization may be required to file Form 8865 , Return of U S Persons With Respect to Certain
Foreign Partnerships (see Instructions for Form 8865) 0 Yes X^ No
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If
"Yes," the organization maybe required to file Form 5713, International Boycott Report (see Instructions
for Form 5713, do not file with Form 990) 0 Yes XI No
Schedule F (Form 990) 2014
43207409-24-14
13521015 144198 5918740
2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
Schedule F Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 5art. -K Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds), Part I, line 3, column (f) (accounting method, amounts of
investments vs expenditures per region), Part II, line 1 (accounting method), Part III (accounting method), and Part III, column (c)
(estimated number of recipients), as applicable Also complete this part to provide any additional information
432075 09-24 - 14 Schedule F (Form 990) 2014
41L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187 ]
SCHEDULE G OMB No 1545-0047Supplemental Information Regarding Fundraising or Gaming Activities
(Form 990 or 990-EZ )Complete if the organization answered "Yes" to Form 990, Part IV , lines 17 , 18, or 19, or if the
20 14organization entered more than $15,000 on Form 990-EZ , line 6a.
Department of the Treasury ► Attach to Form 990 or Form 990-EZ . ; Open to PublicInternal Revenue Service
Information about Schedule G (Form 990 or 990-EZ) and its instructions is at InspectionNO-
Name of the organization Employer identification number
UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296
_art l Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17. Form 990-EZ filers are notrequired to complete this part.
1 Indicate whether the organization raised funds through any of the following activities Check all that apply
a FX1 Mail solicitations e 0 Solicitation of non-government grants
b 0 Internet and email solicitations f Q Solicitation of government grants
c Phone solicitations g 1 Special fundraising events
d FXI In-person solicitations
2 a Did the organization have a written or oral agreement with any individual (including officers, directors, trustees or
key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services XD Yes 0 No
b If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to be
compensated at least $5,000 by the organization
(i) Name and address of individualor entity (fundraiser)
(ii) Activity
(ii i)er
haved̂ stodyor control of
contributions)
(iv) Gross receiptsfrom activity
(v) Amount paidto (or retained by)
fundraiserlisted in col (i)
(vi) Amount paidto (or retained by)
organizationorg
RUFFALO NOEL LEVITZ - 1025 Yes No
KIRKWOOD PARKWAY SW , CEDAR HONATHON X 301,450. 84 , 900. 216,550.
Total 301 450. 84 , 900. 216 550.
3 List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration
or licensing
AK,AZ,CA,MD,MA,NH,NJ,NY,OH,OR,WV,AR,ME,MS,MO,NC,VA,AL,DC,FL,GA,KS,LA,PA,TN
CO,MI,MN,WA,CT,KY,ND,OK,IA
LHA For Paperwork Reduction Act Notice , see the Instructions for Form 990 or 990- EZ. Schedule G (Form 990 or 990-EZ) 2014
SEE PART IV FOR CONTINUATIONS43208108-28-14
42L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
Schedule G Form 990 or 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 2arty Fundraising vents . Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000
of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b List events with gross receipts greater than $5.000.
(a) Event #1 (b) Event #2 (c) Other events(d) Total events
CHAMPIONS NONE(add col (a) through
ALLl
(event type) (event type) (total number)co (c))
C
C^Dl 1 Gross receipts 259,473. 259,473.Cc
2 Less- Contributions 130,835o 130 , 835.
3 Gross income (line 1 minus line 2 128,638. 128 , 638.
4 Cash prizes
5 Noncash prizes
6 Rent/facility costs 41,779. 41,779.Xwt 7 Food and beverages 24,878. 24,878.
08 Entertainment 1,155. 1 ,155.9 Other direct expenses 59,688. 59 , 688.
10 Direct expense summary. Add lines 4 through 9 in column (d) . 127 , 500.
11 Net income summary Subtract line 10 from line 3 , column (d ) 11110 1 , 138 .FYar[_ uaming . Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than
$15,000 on Form 990-EZ, line 6a
W (a) Bingo(b) Pull tabs/instant
(c) Other gaming(d) Total gaming (add
bingo/progressive bingo col (a) through col (c))CDNoc
2 Cash prizesm
Ccc 3 Noncash prizesxw
62 4 Rent/facility costs0
5 Other direct expenses
Yes
6 Volunteer labor El No
7 Direct expense summary Add lines 2 through 5 in column (d)
%1ElYes %IElYes %
9 Enter the state(s) in which the organization conducts gaming activities
a Is the organization licensed to conduct gaming activities in each of these states" El Yes Q No
b If "No," explain
10a Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year,
b If "Yes," explain
Q Yes El No
432082 0e-2e-14 Schedule G (Form 990 or 990-EZ) 2014
43L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_3
Schedule G (Fofm 990 or 990-EZ) 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 4 5 - 0 3 4 8 2 9 6 Pape 3
11 Does the organization conduct gaming activities with nonmembers Yes No
12 Is the organization a grantor , beneficiary or trustee of a trust or a member of a partnership or other entity formed
to administer charitable gaming? Yes No
13 Indicate the percentage of gaming activity conducted in
a The organization ' s facility 13a %
b An outside facility 13b %
14 Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name 111,-
Address ►
15a Does the organization have a contract with a third party from whom the organization receives gaming revenue? = Yes = No
b If "Yes," enter the amount of gaming revenue received by the organization jo^ $
of gaming revenue retained by the third party ► $
c If "Yes," enter name and address of the third party.
Name No-
Address
16 Gaming manager information
Name ►
Gaming manager compensation 00- $
Description of services provided ► _
Q Director/officer L Employee Q Independent contractor
17 Mandatory distributions
a Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? 0 Yes = No
b Enter the amount of distributions required under state law to be distributed to other exempt organizations or spent in the
organization ' s own exem pt activities durin g the tax year $aarma
Supplemental Information . Provide the explanations required by Part I, line 2b , columns (i i) and (v), and Part III, lines 9 , 9b, 10b, 15b,P
15c, 16 , and 17b , as applicable Also provide any additional information (see instructions)
SCHEDULE G, PART I, LINE 2B, LIST OF TEN HIGHEST PAID FUNDRAISERS:
I) NAME OF FUNDRAISER: RUFFALO NOEL LEVITZ
(I) ADDRESS OF FUNDRAISER:
1025 KIRKWOOD PARKWAY SW, CEDAR RAPIDS, IA 52404
PART I. LINE 2B. COLUMN (V):
UND ALUMNI ASSOCIATION AND FOUNDATION PAYS RUFFALO NOEL LEVITZ TO HIRE,
TRAIN AND SUPERVISE THE STUDENT WORKERS WHO CALL THE ALUMNI FOR
432083 08-28 - 14 Schedule G (Form 990 or 990-EZ) 2014
44L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
and the amount
Schedule G (Form 990 or 990-EZ) UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 4Part IV Supplemental Information (continued)
DONATIONS. THE PROFESSIONAL FUNDRAISER DOES NOT DIRECTLY RECEIVE ANY
FUNDRAISING DOLLARS AND IS PAID ONLY FOR CONSULTING AND MANAGEMENT
SERVICES.
43208405-01-14
13521015 144198 59187
Schedule G (Form 990 or 990-EZ)
45
2014.04030 UND ALUMNI ASSOCIATION AN 591873
SCHEDULE I Grants and Other Assistance to Organizations , OMB No 1545-0047
(Form 990) Governments , and Individuals in the United States2014Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22.
Opemto PbblicDepartment of the Treasury 10- Attach to Form 990. ;Internal Revenue Service
Information about Schedule I (Form 990) and its instructions is at
Name of the organization Employer identification number
UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296
General Information on Grants and Assistance
1 Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees ' eligibility for the grants or assistance , and the selection
criteria used to award the grants or assistance? QX Yes No
2 Describe in Part IV the org anization's procedures for monitorin g the use of g rant funds in the United States
Part II Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" to Form 990, Part IV, line 21, for any
reci p ient that received more than 5 , 000 Part II can be duplicated if additional space is needed.
1 (a) Name and address of organization (b) EIN (c) IRC section (d) Amount of (e) Amount of (f) Method of (g) Description of (h) Purpose of grantvaluation (book,
or government if applicable cash grant non-cashFMV, appraisal,
non-cash assistance or assistanceassistance other)
UNIVERSITY OF NORTH SCHOLARSHIP, GRANTS AND
DAKOTA-AEROSPACE SCIENCES - 3100 PERATING SUPPORT TO THE
UNIVERSITY AVENUE, STOP 8157 - IVERSITY OF NORTH
GRAND FORKS, ND 58201-8157 45-6002491 01(C)(3) 389 692. 0. DAKOTA
UNIVERSITY OF NORTH DAKOTA-ARTS & SCHOLARSHIP, GRANTS AND
SCIENCES - 3100 UNIVERSITY AVENUE, PERATING SUPPORT TO THE
STOP 8157 - GRAND FORKS, ND IVERSITY OF NORTH
58201-8157 45-6002491 01(C)(3) 819,971. 0. DAKOTA
UNIVERSITY OF NORTH SCHOLARSHIP, GRANTS,
DAKOTA-ATHLETICS - 3100 UNIVERSITY BUILDING CONSTRUCTION AND
AVENUE, STOP 8157 - GRAND FORKS, PERATING SUPPORT TO THE
ND 58201-8157 45-6002491 01(C)(3) 14,307,985. 0. JNIVERSITY OF NORTH
UNIVERSITY OF NORTH DAKOTA-COLLEGE SCHOLARSHIP, GRANTS AND
OF BUSINESS & PUBLIC ADMIN - 3100 PERATING SUPPORT TO THE
UNIVERSITY AVENUE, STOP 8157 - IVERSITY OF NORTH
GRAND FORKS , ND 58201-8157 45-6002491 01(C)(3) 1,343,634. 0. DAKOTA
UNIVERSITY OF NORTH SCHOLARSHIP, GRANTS AND
DAKOTA-EDUCATION & HUMAN PERATING SUPPORT TO THE
DEVELOPMENT - 3100 UNIVERSITY IVERSITY OF NORTH
AVENUE, STOP 8157 - GRAND FORKS, 45-6002491 01(C)(3) 80 , 412. 0. DAKOTA
UNIVERSITY OF NORTH DAKOTA-GENERAL SCHOLARSHIP, GRANTS AND
ADMINISTRATION - 3100 UNIVERSITY PERATING SUPPORT TO THE
AVENUE, STOP 8157 - GRAND FORKS, IVERSITY OF NORTH
ND 58201-8157 45-6002491 01(C)(3) 1,859,100. 0. AKOTA
2 Enter total number of section 501 (c)(3) and government organizations listed in the line 1 table ► 2
3 Enter total number of other organizations listed in the line 1 table ► 0
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule I (Form 990) (2014)
SEE PART IV FOR COLUMN (H) DESCRIPTIONS43210110-15-14
46
Schedule) Form 990 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 1
Part II Continuation of Grants and Other Assistance to Governments and Organizations in the United States (Schedule I (Form 990), Part II )
(a) Name and address of (b) EIN (c) IRC section (d) Amount of (e) Amount of (f) Method of (g) Description of (h) Purpose of grantorganization or government if applicable cash grant non-cash valuation non-cash assistance or assistance
assistance (book, FMV,appraisal, other)
UNIVERSITY OF NORTH SCHOLARSHIP, GRANTS AND
DAKOTA-GRADUATE SCHOOL - 3100 PERATING SUPPORT TO THE
UNIVERSITY AVENUE , STOP 8157 - IVERSITY OF NORTH
GRAND FORKS , ND 58201-8157 45-6002491 01(c)(3) 1,574. 0. DAKOTA
UNIVERSITY OF NORTH DAKOTA-LAW SCHOLARSHIP, GRANTS AND
SCHOOL - 3100 UNIVERSITY AVENUE, PERATING SUPPORT TO THE
STOP 8157 - GRAND FORKS, ND JNIVERSITY OF NORTH
58201-8157 45-6002491 01(C)(3) 2,097 052. 0. DAKOTA
UNIVERSITY OF NORTH SCHOLARSHIP, GRANTS AND
DAKOTA-MEDICINE - 3100 UNIVERSITY PERATING SUPPORT TO THE
AVENUE, STOP 8157 - GRAND FORKS, JNIVERSITY OF NORTH
ND 58201-8157 45-6002491 01(c)(3) 1,187,411. 0. DAKOTA
SCHOLARSHIP, GRANTS AND
UNIVERSITY OF NORTH DAKOTA-NURSING PERATING SUPPORT TO THE
3100 UNIVERSITY AVENUE, STOP 8157 JNIVERSITY OF NORTH
GRAND FORKS , ND 58201-8157 45-6002491 01(C)(3) 137,952, 0. DAKOTA
UNIVERSITY OF NORTH DAKOTA-SCHOOL SCHOLARSHIP, GRANTS AND
OF ENGINEERING & MINES - 3100 PERATING SUPPORT TO THE
UNIVERSITY AVENUE, STOP 8157 - IVERSITY OF NORTH
GRAND FORKS , ND 58201-8157 45-6002491 01(C)(3) 1,011,868. 0. DAKOTA
CHOLARSHIP, GRANTS AND
UNIVERSITY OF NORTH DAKOTA-OTHER PERATING SUPPORT TO THE
3100 UNIVERSITY AVENUE, STOP 8157 IVERSITY OF NORTH
GRAND FORKS , ND 58201-8157 45-6002491 01(C)(3) 2,165 537. 0. DAKOTA
ALUMNI ASSOCIATION OF THE RANTS AND OPERATING
UNIVERSITY OF NORTH DAKOTA - 3100 SUPPORT TO THE ALUMNI
UNIVERSITY AVENUE, STOP 8157 - SSOCIATION TO AID IN
GRAND FORKS , ND 58201-8157 45-0363216 01(C)(3) 182 768. 0. SUPPORTING THE UNIVERSITY
Schedule I (Form 990)
43224105-01-14
47
Schedule I Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 2
Part Ill Grants and Other Assistance to Domestic Individuals . Complete if the organization answered "Yes" to Form 990, Part IV, line 22Part III can be duplicated if additional space is needed
(a) Type of grant or assistance (b) Number ofrecipients
(c) Amount of
cash grant(d) Amount of non-
cash assistance(e) Method of valuation
(book, FMV, appraisal, other)(f) Description of non-cash assistance
I Part IV I Supplemental Information . Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
PART I. LINE 2:
WHEN A DONOR GIVES A GIFT TO THE UND ALUMNI ASSOCIATION AND FOUNDATION WITH
A DESIGNATION, THE UND ALUMNI ASSOCIATION AND FOUNDATION ASSURES THAT FUNDS
ARE SPENT FOR DONOR DESIGNATED PURPOSE BY SETTING SPECIFIC CRITERIA
MONITORING FUNDS, AND REPORTING TO VARIOUS DEPARTMENTS, DONORS AND UND
OFFICIALS. WHEN A DONOR GIVES A GIFT, A RECEIPT IS NAILED WITH 48 HOURS
INDICATING THE DESIGNATION OF THIS GIFT. THIS ALLOWS THE DONOR TO EXAMINE
THE PURPOSE AND INSURES THAT DONOR INTENT IS FOLLOWED.
432102 10-15-14 Schedule I (Form 990) (2014)48
Schedule) Form 990) UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 2Part IV Supplemental Information
SCHOLARSHIPS - A DONOR GIVES MONEY FOR A SCHOLARSHIP ENDOWMENT OR IF THE
ENDOWMENT THRESHOLD IS NOT MET DESIGNATES THE FUNDS TO BE USED FOR
SCHOLARSHIPS. THE PAYOUT OF THE ENDOWMENT FUNDS IS THE MONEY THAT IS
AVAILABLE THE FOLLOWING YEAR TO FUND SCHOLARSHIPS. UND STUDENT FINANCIAL
AID DETERMINES RECIPIENTS AND SENDS THE ALUMNI ASSOCIATION AND FOUNDATION A
BILLING. THE DIRECTOR OF FINANCE AUTHORIZES THE PAYMENT AND TRANSFERS THE
FUNDS TO UND.
OTHER DESIGNATED - FINANCIAL STAFF FROM UND COMPLETE A REQUEST FOR PAYMENT
FORM FOR PAYMENT FROM FUNDS HELD AT THE ALUMNI ASSOCIATION AND FOUNDATION.
THIS PAYMENT REQUEST IS APPROVED BY THE PROPER AUTHORITY AT UND AND
DOCUMENTATION IS ATTACHED. ONCE THE ALUMNI ASSOCIATION AND FOUNDATION
RECEIVES THIS REQUEST, THE INDIVIDUAL PROCESSING PAYMENT LOOKS TO THE
SPECIFIC CRITERIA OF THE FUND TO VERIFY DONOR INTENT AND THAT THE INVOICE
FALLS WITHIN THE PARAMETERS OF THE FUND. WHEN A GIFT IS GIVEN OR
EXPENDITURE IS MADE OUT OF A FUND, INFORMATION IS CAPTURED IN INDIVIDUAL
PROJECTS. WE ARE ABLE TO PRINT ANY/ALL ACTIVITY FOR THE CURRENT OR PRIOR
FISCAL PERIODS BY REQUEST FROM ANY APPROVED UND INDIVIDUAL. IN ADDITION
ACTIVITY REPORTS ARE CURRENTLY PROCESSED AND EMAILED MONTHLY TO APPROPRIATE
DEPARTMENTS AND OFFICIALS AT UND.
PART II, LINE 1, COLUMN (H):
NAME OF ORGANIZATION OR GOVERNMENT: UNIVERSITY OF NORTH DAKOTA-ATHLETICS
(H) PURPOSE OF GRANT OR ASSISTANCE: SCHOLARSHIP, GRANTS, BUILDING
CONSTRUCTION AND OPERATING SUPPORT TO THE UNIVERSITY OF NORTH DAKOTA
NAME OF ORGANIZATION OR GOVERNMENT:
ALUMNI ASSOCIATION OF THE UNIVERSITY OF NORTH DAKOTA
Schedule I (Form 990)43229105-01-14
4913521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
-i
Schedule I Forrh 990UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Pa e 2Part- 1V; Supplemental Information
H) PURPOSE OF GRANT OR ASSISTANCE: GRANTS AND OPERATING SUPPORT TO THE
ALUMNI ASSOCIATION TO AID IN SUPPORTING THE UNIVERSITY OF NORTH DAKOTA.
Schedule I (Form 990)43229105-01-14
5013521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
SCHEDULE)(Form 990)
Department of the Treasury
Internal Revenue Service
Name of the organization
Part I Questions
Compensation InformationFor certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees► Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
"Attach to Form 990.
SOCIAn
OMB No 1545-0047
2014I Open to Public
n990 Inspection
Employer identification number
45-0348296
la Check the appropriate box(es) if the organization provided any of the following to or for a person listed in Form 990,
Part VII, Section A, line 1 a Complete Part III to provide any relevant information regarding these items
First- class or charter travel Q Housing allowance or residence for personal use
Travel for companions Payments for business use of personal residence
Tax indemnification and gross-up payments Health or social club dues or initiation fees
Discretionary spending account 0 Personal services (e.g., maid , chauffeur, chef)
b If any of the boxes on line 1 a are checked, did the organization follow a written policy regarding payment or
reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain
2 Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all directors,
trustees, and officers, including the CEO/Executive Director, regarding the items checked in line 1a?
3 Indicate which , if any , of the following the filing organization used to establish the compensation of the organization's
CEO/Executive Director Check all that apply Do not check any boxes for methods used by a related organization to
establish compensation of the CEO/Executive Director , but explain in Part III
71 Compensation committee 0 Written employment contract
fl Independent compensation consultant Compensation survey or study
XJ Form 990 of other organizations Approval by the board or compensation committee
4 During the year, dia any person iistea in Form 990, Part VII, Section A, line 1a, with respect to the filing
organization or a related organization.
a Receive a severance payment or change-of-control payment?
b Participate in, or receive payment from, a supplemental nonqualified retirement plan?
c Participate in, or receive payment from, an equity-based compensation arrangement?
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III
Only section 501(c )(3), 501(c)(4), and 501 (c)(29) organizations must complete lines 5-9.
5 For persons listed in Form 990, Part VII, Section A, line 1 a, did the organization pay or accrue any compensation
contingent on the revenues of
a The organization?
b Any related organization?
If "Yes" to line 5a or 5b, describe in Part III
6 For persons listed in Form 990, Part VII, Section A, line 1 a, did the organization pay or accrue any compensation
contingent on the net earnings of
a The organization?
b Any related organization?
If "Yes" to line 6a or 6b, describe in Part III.
7 For persons listed in Form 990, Part VII, Section A, line 1 a, did the organization provide any non-fixed payments
not described in lines 5 and 6? If "Yes," describe in Part III
8 Were any amounts reported in Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the
initial contract exception described in Regulations section 53 4958-4(a)(3)? If "Yes," describe in Part III
9 If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in
LHA For Paperwork Reduction Act Notice , see the Instructions for Form 990.
43211110-13-14
L3521015 144198 59187
X
XX
X
X
X
X
X
X
Schedule J (Form 990) 2014
51
2014.04030 UND ALUMNI ASSOCIATION AN 591873
Schedule J Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 2
Part II Officers, Directors , Trustees , Key Employees , and Highest Compensated Employees . Use duplicate copies if additional space is needed
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the instructions, on row (u)
Do not list any individuals that are not listed on Form 990, Part VII
Note . The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1 a, applicable column (D) and (E) amounts for that individual.
(B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement andh d f d
(D) Nontaxableb fit
(E) Total of columnsB D
(F) Compensationl B
(A) Name and Title(i) Base
compensation(ii) Bonus &incentive
compensation
(iii) Otherreportable
compensation
erot e errecompensation
ene s ( )(i)-( ) in co umn ( )reported as deferred
in prior Form 990
(1 ) DEANNA CARLSON ZINK (,) 200,265. 0. 0. 20, 993. 13, 866. 235 ,124. 0.CHIEF EXECUTIVE OFFICER jj 4 , 12 3 , 0. 0. 0. 0. 4,123. 0.
( 2) LAURA BLOCK 0) 157,310. 0. 0 . 15, 305. 5, 413. 17 8,028. 0 .CHIEF FINANCIAL OFFICER ji 3 , 094. 0. 0 . 0 . 0. 3 , 094. 0.
(i)
n
(i)
01 )(i)
i
(i)
(in(i)
( ii )(i)
u
(I)
ii
00
)ii
G)ii
(i)
ii
(I)
ii
(i)
ji
(i)
ij
43211210-13-14
Schedule J (Form 990) 2014
52
I nformation
ALUMNI ASSOCIATION AND FC 45-0
Provide the information, explanation, or descriptions required for Part I, lines 1 a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II Also complete this part for any additional information
Schedule J (Form 990) 2014
43211310-13-14
53
SCHEDULE K(Form 990)Department of the TreasuryInternal Revenue Service
Name of the organization
Supplemental Information on Tax-Exempt Bonds110- Complete if the organization answered "Yes" on Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
UND ALUMNI ASSOCIATION AND FOUNDATION
OMB No 1545-0047
2014aOpen"tb ubIic';Inspectlon.;,,^^'
Employer identification number
45-0348296Part I Bond Issues SEE PART VI FOR COLUMN (F) CONTINUATIONS
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On behalfof Issuer
(i) Pooledfinancing
Yes No Yes No Yes No
UNIVERSITY OF NORTH
ADAKOTA FOUNDATION 45-0348296 NONE 06/15/08 3,680,000.INOT CENTER FOR
FAMILY PRACTICE L X X XUNIVERSITY OF NORTH
BDAKOTA FOUNDATION 45-0348296 NONE 09/30/13 4,000,000.FUND CONSTRUCTION
OF THE UND HIGH P X X X
C
D
Part II 1 PrncePds
A B C D
1 Amount of bonds retired 1,042,237. 1,177,725.2 Amount of bonds leg all y defeased
3 Total proceeds of issue 3,680,000. 4,000,000.
4 Gross proceeds in reserve funds
5 Capitalized interest from proceeds
6 Proceeds in refunding escrows 3,665,177.
7 Issuance costs from proceeds 14,823. 17,000.8 Credit enhancement from proceeds
9 Working cap ital expenditures from proceeds
10 Cap ital expenditures from proceeds 3,936,874.
11 Other spent proceeds
12 Other unsent proceeds
13 Year of substantial completion 2008 2015
Yes No Yes No Yes No Yes No
14 Were the bonds issued as p art of a current refundin g issue? X X
15 Were the bonds issued as part of an advance refunding X X
16 Has the final allocation of proceeds been made? X X
17 Does the organization maintain adequate books and records to su pport the final allocation of proceeds? X X
Dnir4 III I Drnit.fn Pnc,nucc I Ica
A B C D
1 Was the organization a partner in a partnership , or a member of an LLC, Yes No Yes No Yes No Yes No
which owned prop erty by tax-exem pt bonds? X X
2 Are there any lease arrangements that may result in private business use of
bond - financed property? X10-15-
14 LHA For Paperwork Reduction Act Notice , see the Instructions for Form 990. Schedule K (Form 990) 2014to-15-54
Schedule K Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDA'C I ON 45-0348296 Page 2Dn.4 III Dr.v^+n R^^c^nucc I Ian i/,- ..-Al
A B C D
3a Are there any management or service contracts that may result in private Yes No Yes No Yes No Yes No '
business use of bond-financed property '? X X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside
counsel to review any management or service contracts relatin g to the financed p rop erty?
Are there any research a g reements that may result in p rivate business use of bond-financed p rop er ty? X X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside
counsel to review any research ag reements relatin g to the financed p roperty?
Enter the percentage of financed property used in a private business use by
entities other than a section 501 (c )(3 ) org anization or a state or local government 11111. % % % %
5 Enter the percentage of financed property used in a private business use as a result of
unrelated trade or business activity carried on by your organization, another
section 501 (c)(3 ) org anization, or a state or local government 00. % % % % .
6 Total of lines 4 and 5
7 Does the bond issue meet the p rivate securit y or pavment test? X X
8a Has there been a sale or disposition of any of the bond-financed property to a non-
governmental person other than a 501 (c)(3 ) org anization since the bonds were issued? X X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed
of % % % %
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections
1 141.12 and 1 145-2?
9 Has the organization established written procedures to ensure that all nonqualified
bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1 141-12 and 1 145.29 X X
D.rt IV I erhitr.no
A B C D
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Yes No =Yes No Yes No Yes No
Penalty in Lieu of Arbitrage Rebate? X X
2 If "No" to line 1 , did the followin g apply?
a Rebate not due yet? X X
b Exception to rebate? X
c No rebate due? X X
If "Yes" to line 2c, provide in Part VI the date the rebate computation was
performed
3 Is the bond issue a variable rate issue? X X
4a Has the organization or the governmental issuer entered into a qualified
hedge with respect to the bond issue? X X
b Name of provider
c Term of hed g e
d Was the hedge su ennte rated?
e Was the hedge terminated?43212210-15-14 Schedule K (Form 990) 2014
Schedule K Form 990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 4 5-0348296 Page 3
Part IV Arbitrage a'nnt,nupd)
A B C D
Yes No Yes No Yes No Yes No
5a Were g ross proceeds invested in a guaranteed investment contract (GIC) ? X X
b Name of p rovider
c Term of GIC
d Was the reg ulato ry safe harbor for establishin g the fair market value of the GIC satisfied?
6 Were any g ross proceeds invested beyond an available tem porary period? X X
7 Has the organization established written procedures to monitor the requirements of
section 148? X X
Part V I Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of
federal tax requirements are timely identified and corrected through the voluntary
closing agreement program if self•remediation is not available under applicable
regulations? X X
Part VI I Supplemental Information . Provide additional information for responses to questions on Schedule K (see instructions).
SCHEDULE K, PART I, BOND ISSUES:
(A) ISSUER NAME: UNIVERSITY OF NORTH DAKOTA FOUNDATION
(F) DESCRIPTION OF PURPOSE:
MINOT CENTER FOR FAMILY PRACTICE LAND & BUILDINGS
(A) ISSUER NAME: UNIVERSITY OF NORTH DAKOTA FOUNDATION(F) DESCRIPTION OF PURPOSE:FUND CONSTRUCTION OF THE UND HIGH PERFORMANCE CENTER
43212310-15-14 Schedule K (Form 990) 2014
SCHEDULE L Transactions With Interested Persons OMB No 1545-0047
(Form 990 or 990 -EZ) ► Complete if the organization answered "Yes" on Form 990, Part IV, line 25a , 25b, 26, 27, 28a,
201428b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
Department of the Treasury ► Attach to Form 990 or Form 990-EZ. Open To PublicInternal Revenue Service ► Information about Schedule L (Form 990 or 990 - EZ) and its instructions is at www irs.gov/form990 Inspection
Name of the organization Employer identification number
UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296Part Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501 (c)(29) organizations only)
Complete if the or anization answered "Yes" on Form 990 , Part IV , line 25a or 25b, or Form 990-EZ, Part V , line 40b.
1 (b) Relationship between disqualified d Corrected9(a) Name of disqualified person person and organization (c) Description of transaction VpQ Mini
2 Enter the amount of tax incurred by the organization managers or disqualified persons during the year under
section 4958 ► $
3 Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ► $
rVart 11 Loans to and/or From I nterested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a or Form 990, Part IV, line 26, or if the organization
rannrtedl an amount on Fnrm 991) Part X line 5 6 or 99
(a) Name ofinterested person
(b) Relationshipwith organization
(c) Purposeof loan
(d) Loannthe or
organization ?
(e) Originalprincipal amount
(f) Balance due (9) Indefaults
(h) bppro abyboarder
(i) Writtenagreement?
To From Yes No Yes No Yes No
Total $ral r"II uranis or Assistance tseneriiing interestea rersons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27
(a) Name of interested person (b) Relationship between (c) Amount of (d) Type of (e) Purpose ofinterested person and assistance assistance assistance
the organization
LHA For Paperwork Reduction Act Notice , see the Instructions for Form 990 or 990-EZ. Schedule L (Form 990 or 990-EZ) 2014
432131 5 .^10-06-14
L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Schedule L Form 990 or 990-E 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Pa e 2Part Business Transactions i nvo lving I nterested Persons.
Cmmirilete if the nrnanvatinn answered "Yes on Fnrm 99n Part IV Imp 2Ra 9Rh or 9Rc
(a) Name of interested person (b) Relationship between interestedperson and the organization
(c) Amount oftransaction
(d) Description oftransaction
(e) Sharing of
revenuessuor9an^'s
ne
Yes No
ALERUS FINANCIAL COMMON BOARD MEMBER 145,383. KRIS COMPTO X -
I n vJ supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions)
SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:
(A) NAME OF PERSON: ALERUS FINANCIAL
B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:
COMMON BOARD MEMBER BETWEEN ORGANIZATIONS
C) AMOUNT OF TRANSACTION $ 145,383.
(D) DESCRIPTION OF TRANSACTION: KRIS COMPTON, BOARD MEMBER OF THE
ORGANIZATION, IS ALSO A BOARD MEMBER OF ALERUS FINANCIAL, WHICH DOES
BUSINESS WITH THE UND ALUMNI ASSOCIATION AND FOUNDATION BY HOLDING ASSETS
IN A TRUST ACCOUNT AS WELL AS A LINE OF CREDIT. ALERUS FINANCIAL WAS PAID
APPROXIMATELY $145,000 FOR ITS MANAGEMENT OF THE ASSETS HELD. ALL
TRANSACTIONS INVOLVING ALERUS FINANCIAL WERE HANDLED IN ACCORDANCE WITH
THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.
(E) SHARING OF ORGANIZATION REVENUES? = NO
Schedule L (Form 990 or 990- EZ) 201443213210-08.14
58L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
SCHEDULE M(Form. 990)
Department of the Treasury
Internal Revenue Service
Noricash Contributions
► Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
► Attach to Form 990.
OMB No 1545-0047
2014
Name of the organization Employer identification number
UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296Port vnoc n rnnarhi
(a)Check Ifapplicable
(b)Number of
contributions oritems contributed
(c)Noncash contributionamounts reported on
Form 990 , Part VIII line 1
(d)Method of determining
noncash contribution amounts
1 Art - Works of art X 1 8,000. AIR MARKET VALUE
2 Art - Historical treasures
3 Art - Fractional Interests
4 Books and publications X 14,832. AIR MARKET VALUE
5 Clothing and household goods a•,'
6 Cars and other vehicles
7 Boats and planes X 1 297,360. AIR MARKET VALUE
8 Intellectual property
9 Securities - Publicly traded X 47 1,363,398. AIR MARKET VALUE
10 Securities - Closely held stock
11 Securities - Partnership, LLC, or
trust interests
12 Securities - Miscellaneous
13 Qualified conservation contribution -
Historic structures
14 Qualified conservation contribution - Other
15 Real estate - Residential
,6 Real estate -'on-irnercial Y 1 1 ,'745 , 0 v v AID M D^CET ^IALvTE
17 Real estate - Other X 2 51,098. AIR MARKET VALUE
18 Collectibles
19 Food inventory
20 Drugs and medical supplies
21 Taxidermy
22 Historical artifacts
23 Scientific specimens
24 Archeological artifacts
25 Other ► ( SOFTWARE ) X 1 150,000. AIR MARKET VALUE
26 Other ► ( EQUIPMENT/GRA ) X 1 141, 772. AIR MARKET VALUE
27 Other ► ( MISCELLANEOUS ) X 15 120,924. AIR MARKET VALUE
28 Other 0,
29 Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement 29 5
Yes No
30a During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it
must hold for at least three years from the date of the initial contribution, and which is not required to be used for
exempt purposes for the entire holding period? 30a X
b If "Yes," describe the arrangement in Part II
31 Does the organization have a gift acceptance policy that requires the review of any non-standard contributions? 31 X
32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? 32a X
b If "Yes," describe in Part II
33 If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule M (Form 990) (2014)
43214108-12-14
59L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Schedule M (Farm 990) (201 4) UND ALUMNI ASSOCIATI ON AND FOUNDATION 45-0 348296 Paae 2Part II Supplemental Information . Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization
is reporting in Part 1, column (b), the number of contributions, the number of items received, or a combination of both Also completethis part for any additional information
SCHEDULE M, PART I, COLUMN (B):
COLUMN B REPRESENTS THE NUMBER OF DONORS.
432142 08-12-14 Schedule M (Form 990) (2014)
6013521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
SCHEDULE-0 Supplemental Information to Form 990 or 990-EZ(Form 990 or 990-EZ) Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.Department of the Treasury Attach to Form 990 or 990-EZ.
OMB No 1545-0047
2014Name of the organization Employer identification number
UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
ALUMNI AND THE GREATER COMMUNITY BY PROVIDING RESOURCES FOR GROWTH AND
DEVELOPMENT.
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION (CONT'D):
DEVELOPMENT. THE UND ALUMNI ASSOCIATION AND FOUNDATION HAS A TRADITION
OF PHILANTHROPIC SUPPORT, LEADING EFFORTS TO RAISE AND MANAGE FUNDS
THAT SECURE A STRONG FUTURE FOR UNIVERSITY OF NORTH DAKOTA AND ITS
STUDENTS, FACULTY, AND ALUMNI. THE ORGANIZATION PROVIDES THE
CENTRALIZED INFRASTRUCTURE AND SERVICES TO SUPPORT ALL PRIVATE FUND
RAISING EFFORTS ON BEHALF OF THE UNIVERSITY OF NORTH DAKOTA AND ACTS AS
THE UNIVERSITY'S DESIGNATED FUND RAISING ORGANIZATION, PARTNERING WITH
ALL COLLEGES AND UNITS. IN THE SPIRIT OF STEWARDSHIP AND FIDUCIARY
RESPONSIBILITY, THE ORGANIZATION SUCCESSFULLY LEADS THE UNIVERSITY
THROUGH CAMPAIGNS TO GROW ITS ENDOWMENT TO SECURE A SOLID FINANCIAL
FUTURE THAT BENEFITS THE CONTINUED EDUCATIONAL AND ECONOMIC DEVELOPMENT
OF THE STATE OF NORTH DAKOTA.
FORM 990, PART III, LINE 2, NEW PROGRAM SERVICES:
THE BOARD OF DIRECTORS AND MEMBERS OF THE UNIVERSITY OF NORTH DAKOTA
FOUNDATION AND ALUMNI ASSOCIATION OF THE UNIVERSITY OF NORTH DAKOTA
ADOPTED A PLAN OF MERGER. THE EFFECTIVE DATE OF THE MERGER WAS
SEPTEMBER 15, 2014, WITH THE UNIVERSITY OF NORTH DAKOTA FOUNDATION AS
THE SURVIVING ORGANIZATION. THE NAME OF THE MERGED ORGANIZATION HA
BEEN CHANGED TO UND ALUMNI ASSOCIATION AND FOUNDATION.
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule 0 (Form 990 or 990 -EZ) (2014)43221108-27-14
61L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Name of the organization
FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES:
Employer identification number
THE ALUMNI RELATIONS AND DONOR ENGAGEMENT PROGRAM IS AT THE FOREFRONT
OF THE UND ALUMNI ASSOCIAION AND FOUNDATION . ENGAGEMENT IS ESSENTIAL TO
THE ABILITY TO ACHIEVE THE OVERALL PURPOSE OF THE UNIVERSITY OF NORTH
DAKOTA AND IS ACCOMPLISHED BY BUILDING MEANINGFUL RELATIONSHIPS WITH
ALUMNI AND DONORS . SPECIFIC STRATEGIES ARE USED TO ENGAGE ALUMNI AND
DONORS THROUGH COMMUNICATION , SOCIAL MEDIA , EVENTS , AND OTHER PROGRAMS.
EXPENSES $ 720,586. INCLUDING GRANTS OF $ 720 , 586. REVENUE $ 99,539.
FORM 990 , PART VI, SECTION A, LINE 1:
THE EXECUTIVE COMMITTEE CONSISTS OF THE ORGANIZATION ' S CHAIR; VICE CHAIR;
IMMEDIATE PAST CHAIR; AND CHAIRS OF THE STANDING COMMITTEES FOR THE
ORGANIZATION : ALUMNI RELATIONS AND DEVELOPMENT COMMITTEE , AUDIT COMMITTEE,
FINANCE COMMITTEE , GOVERNANCE COMMITTEE, AND INVESTMENT COMMITTEE; THE
PRESIDENT OF THE UNIVERSITY OF NORTH DAKOTA AND THE CEO SERVE AS NON-VOTING
EX-OFFICIOS . THE EXECUTIVE COMMITTEE WILL, DURING THE INTERVALS BETWEEN THE
MEETINGS OF THE BOARD , POSSESS AND MAY EXERCISE ALL OF THE POWERS OF THE
BOARD IN THE GOVERNANCE OF THE AFFAIRS OF THE ORGANIZATION , EXCEPT AS TO
SUCH MATTERS WHICH THE BOARD HAS, BY RESOLUTION , EXPRESSLY RESERVED TO IT,
AND EXCEPT AS LIMITED BY APPLICABLE LAW.
FORM 990, PART VI , SECTION A, LINE 4:
UNIVERSITY OF NORTH DAKOTA FOUNDATION MERGED WITH ALUMNI ASSOCIATION OF
UNIVERSITY OF NORTH DAKOTA CREATING UND ALUMNI ASSOCIATION AND FOUNDATION
AS OF SEPTEMBER 15, 2014. AMENDED BYLAWS ARE ATTACHED.
FORM 990, PART VI, SECTION B, LINE 11:43221208-27-14 Schedule 0 (Form 990 or 990-EZ) (2014)
62L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591873
Schedule 0 Fotm 990 or 990-EZ) (2014 ) Pa e 2
Name of the organization Employer identification number
UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296
THE ORGANIZATION'S AUDIT COMMITTEE REVIEWS THE 990 TAX RETURN BEFORE IT IS
FILED. REPRESENTATIVES FROM THE FOUNDATION'S INDEPENDENT ACCOUNTING FIRM
REVIEW THE 990 FORMS WITH THE AUDIT COMMITTEE IN DETAIL AND NOTE FOR THE
COMMITTEE ANY CHANGES IN THE FORM FROM PRIOR YEARS. AFTER THOROUGH
DISCUSSION, THE HEAD OF THE AUDIT COMMITTEE ENTERTAINS A MOTION TO SEND THE
990 FORMS TO THE FULL BOARD FOR APPROVAL. THE FULL BOARD REVIEWS THE FORM
990 BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12C:
ALL MEMBERS OF THE BOARD OF DIRECTORS AND ALL EMPLOYEES RECEIVE A COPY OF
THE CONFLICT OF INTEREST POLICY EACH YEAR. EACH BOARD MEMBER AND STAFF
MEMBER FILLS OUT A CONFLICT OF INTEREST QUESTIONNAIRE IN WHICH THEY ARE
ASKED TO IDENTIFY ANY RELATIONSHIP THAT WOULD CREATE A CONFLICT OF
INTEREST. THE RESULTS ARE SUMMARIZED AND REVIEWED BY THE GOVERNANCE
COMMITTEE WHICH EVALUATES EACH SITUATION AND DETERMINES ANY ACTUAL OR
POTENTIAL CONFLICT AND RECOMMENDS A COURSE OF ACTION TO THE BOARD OF
DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 15:
COMPENSATION FOR THE CEO AND KEY EMPLOYEES IS REVIEWED AND DETERMINED BY
THE GOVERNANCE COMMITTEE. A SALARY SURVEY IS CONDUCTED AND PEER
ORGANIZATION DATA IS COMPILED FOR COMPARISON AND DECISION MAKING.
FORM 990, PART VI, LINE 17, LIST OF STATES RECEIVING COPY OF FORM 990:
ND,WV,AK,CA,CO,MA,NH,NY,OH,OR,WA,MD,NJ,MI,MN
FORM 990, PART VI, SECTION C, LINE 19:
GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENTS ARE AVAILABLE UPON43221208-27.14 Schedule 0 (Form 990 or 990 -EZ) (2014)
63L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_]
Name of, the organization Employer identification numberUND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296
REQUEST. FINANCIAL DOCUMENTS ARE AVAILABLE BY REQUEST AND ARE ALSO LOCATED
ON THE UND FOUNDATION WEBSITE.
FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:
CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,876,351.
FORM 990, PART XII, LINE 2C:
THE PROCESS FOR OVERSEEING THE AUDIT AND SELECTING THE INDEPENDENT
ACCOUNTANT HAS NOT CHANGED SINCE LAST YEAR.
432212 Schedule 0 (Form 990 or 990 - EZ) (2014)08-27-1464
13521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 59187_1
SCHEDULER Related Organizations and Unrelated Partnerships(Form 990) 'Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37. 2014
► Attach to Form 990.Department of the Treasury - , , .. . _ , , , - ,_ ___, , . .. - _ Open to Pubi
Name of the organization Employer identification number
UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296
Part I Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33
(a)
Name, address, and EIN ( if applicable)
of disregarded entity
(b)
Primary activity
(c)
Legal domicile (state or
foreign country)
(d)
Total income
(e)
End-of-year assets
(f)
Direct controlling
entity
Part IIIdentification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exemptorganizations during the tax year
(a)
Name, address, and EINof related organization
(b)
Primary activity
(c)
Leg al domicile (state or
foreign country)
(d)
Exem p t Codesection
(e)
Public charitystatus (if section
(f)
Direct controllin gentity
(g)3)sect on
contro lledlledentity?
501 (c)(3)) Yes NoALUMNI ASSOCIATION OF THE UNIVERSITY OF UNIVERSITY OF
NORTH DAKOTA - 45-0363216 , 3501 UNIVERSITY NORTH DAKOTA
AVENUE, STOP 8157 , GRAND FORKS , ND 58202 ALUMNI OUTREACH NORTH DAKOTA 01(C)(3) LINE 9 FOUNDATION X
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule R (Form 990) 2014
43216108-14-14 LHA
65
Schedule R (Form 990) 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 2
Part IIIIdentification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more relatedorganizations treated as a partnership during the tax year
(a)Name, address, and EINof related organization
(b)Primary activity
(c)Legal
domicile(otateor
(d)
Direct controllingentity
(e)
Predominant income(related, unrelated,
excluded from tax under
(f)
Share of totalincome
(g)
Share ofend-of-year
t
(h)
Disproportionate
allocations?
(I)Code V-UBI
amount in box20 of Schedule
U)General ormanaging
artner7
(k)Percentageownership
foreigncountry) sections 512-514)
asse sYes No K-1 (Form 1065) Ye
N,
Part IV Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more relatedorganizations treated as a corporation or trust during the tax year
(a)Name, address, and EINof related organization
(b)Primary activity
(c)Legal domicile
(state orfo r e i gn
(d)Direct controlling
entity
(e)Type of entity
(C corp, S corp,t t)
(f)Share of total
income
(g)Share of
end-of-yeart
(h)Percentageownership
(t)Section
512(bx13)
controlled
n)or rus asse s
Yes No
CHARITABLE REMAINDER UNITRUSTS (87) CHARITABLE TRUST ND N/A RUST N/A N/A N/A X
CHARITABLE REMAINDER ANNUITY TRUSTS (5) CHARITABLE TRUST ND N/A RUST N/A N/A N/A X
CHARITABLE LEAD TRUSTS (2) CHARITABLE TRUST ND N/A RUST N/A N/A N/A X
CHARITABLE PERPETUAL TRUSTS (5) CHARITABLE TRUST ND N/A RUST N/A N/A N/A X
432162 08 - 14-14 Schedule R (Form 990) 201466
Schedule R (Form 990) 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 3
Part V Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36
Note . Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule Yes Nc
1 During the tax year, did the organization engage in any of the following transactions with one or more related organizations listed in Parts ll-IV?
a Receipt of ( i) interest , ( ii) annuities, ( iii) royalties, or (iv) rent from a controlled entity 1a X
b Gift, grant , or capital contribution to related organization(s) lb X
c Gift, grant , or capital contribution from related organization(s) 1c X
d Loans or loan guarantees to or for related organization(s) 1d X
e Loans or loan guarantees by related organization(s) le X
f Dividends from related organization(s) if X
g Sale of assets to related organization(s) 1 X
h Purchase of assets from related organization(s) 1h X
i Exchange of assets with related organization(s) ii X
j Lease of facilities, equipment, or other assets to related organization(s) X
k Lease of facilities, equipment, or other assets from related organization(s) 1k X
I Performance of services or membership or fundraising solicitations for related organization(s) 11 X
m Performance of services or membership or fundraising solicitations by related organization(s) im X
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) in X
o Sharing of paid employees with related organization(s) 10 X
p Reimbursement paid to related organization(s) for expenses 1 X
q Reimbursement paid by related organization(s) for expenses 1 X
r Other transfer of cash or property to related organization(s) 1r X
s Other transfer of cash or property from related organization(s) is X
n if +I,- -...er t., - .,f fh ^h.,..o , "voc o rho fnr -fnr-t,nn nn whn mi it rmmnlata thic Imp inrh Oinn rnvorori ralafinnchina and trnncarfinn thrachn1r1s
(a) (b) (c) (d)Name of re lated organization Transaction Amount involved Method of determining amount involved
type (a-s)
ALUMNI ASSOCIATION OF THE UNIVERSITY OF
(i) NORTH DAKOTA B 182,768. ASH
ALUMNI ASSOCIATION OF THE UNIVERSITY OF
(2 ) NORTH DAKOTA N 11,494,794. AIR MARKET VALUE
ALUMNI ASSOCIATION OF THE UNIVERSITY OF
(3 ) NORTH DAKOTA 0 786,271. COST
(4 )
(5 )
(6 )
432 1 63 08-14-14 Schedule R (Form 990) 2014
67
Schedule R (Form 990) 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Page 4
Part VI Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue)
that was not a related organization See instructions regardmq exclusion for certain investment partnerships.
(a)Name, address, and EIN
of entityy
(b)
Primary activity
(c)Legal domicile
(state or foreign(
(d)Predominant income(related, unrelated ,
excluded from tax under
(e)Are
partners sec501(c)13)Of s9
(f)Share of
total
(g)Share of
end-of-year
(h )Dispropor-
11a l locations?
(i)
Code V-UBIamount in box 20of Schedule K-1
0)General ormanner?
artner7
(k)Percentageownership
country) sections 512-514) Yes No income assets Yes No (Form 1065) Yes No
Schedule R (Form 990) 2014
43216408-14-14
68
ScheduleR Form990 2014 UND ALUMNI ASSOCIATION AND FOUNDATION 45-0348296 Pa e5
I Part, . Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
432165 08-14-14 Schedule R (Form 990) 2014
69L3521015 144198 59187 2014.04030 UND ALUMNI ASSOCIATION AN 591871
Q ARTICLES OF AMENDMENT91O 5(A AMENDING AND RESTATING THE
OF ARTICLES OF INCORPORATIONrJF.G' of
UNIVERSITY OF NORTH DAKOTA FOUNDATION
TB/K/A
UND ALUMNI ASSOCIATION AND FOUNDATION
University of North Dakota Foundation (the "Corporation"), a North Dakota nonprofit
corporation incorporated under North Dakota Century Code Chapter 10-33, acting through its
Secretary, hereby files these Articles of Amendment amending and restating its Articles of
Incorporation by replacing and superseding its original Articles of Incorporation and any
amendments thereto in their entirety with the following:
ARTICLE I
Name
The name of the Corporation is UND Alumni Association and Foundation.
ARTICLE II
Purposes and Activities
The Corporation is organized and shall be operated exclusively for charitable , scientific,
literary and educational purposes within the meaning of Sections 170(c)(2), 501(c)(3) and
2055(a) of the Internal Revenue Code of 1986, as amended ("the Code"), for the benefit of the
University of North Dakota. Within the limitations established by the preceding sentence, the
Corporation is organized and shall be operated primarily:
(a) to provide for and maintain scholarships and student loans in the various phases of
educational activities and to give and grant scholarships and make student loans to such persons
as the Board of Directors, at their discretion, may determine, without limitation;
(b) to provide for and make faculty awards at the discretion of the Board of Directors;
(c) to cooperate with and aid any other corporations, societies, or associations
organized and conducted exclusively for charitable, scientific, literary or educational purposes to
the end of promoting the mental, moral, physical and social improvement of those who may be
benefitted thereby, such corporations, societies or associations to qualify as exempt organizations
under the Code;
(d) to further education, and educational and scientific research;
(e) to receive, hold, administer and disburse any monies, securities, real estate or
other property which may be transferred to the corporation by gift, devise, bequest or otherwise,
for any of the uses or purposes herein set forth , and to invest, conserve , use and disburse such
monies, securities, real estate or other property, and the income derived therefrom, in accordance
with the requests or directions of the donor or donors thereof which are not inconsistent with the
purposes of this corporation, and, if no requests, directions, limitations or conditions be
expressed with reference to same, then to use and dispose of them exclusively for the uses and
purposes specified herein in accordance with the discretion of the Board of Directors;
(f) to conduct and participate in public relations projects which are important for the
development of the University of North Dakota;
(g) to encourage the alumni of the University of North Dakota, its friends and patrons,
to recognize, support and contribute to the purposes and objectives of this Corporation;
(h) to promote and cement friendships and goodwill among graduates and former
students of the University of North Dakota, to foster educational advantages of the University of
North Dakota and high ideals of education and citizenship among its students , and to endear,
2
conserve and perpetuate by organization of the Corporation the friendships formed among former
students of the University of North Dakota; and
(i) to do any and all other acts and things and exercise any and all other rights and
powers which may be reasonably necessary, incidental, desirable or expedient in the
accomplishment of such purposes.
ARTICLE III
Powers
The Corporation shall have those powers which are required by, and are consistent with,
the purposes enumerated in Article II above, subject to limitations provided in applicable federal
or state law or in its articles or bylaws. Within those limitations, the Corporation may act on its
own behalf or as the agent, trustee or representative of others; buy, lease, acquire, own, hold,
improve, use, and deal in and with, real or personal property, or an interest in property wherever
located; sell, convey, mortgage, create a security interest in, lease, exchange, transfer, or dispose
of all or a part of its real or personal property, or an interest in property, wherever located; and
exercise any other powers conferred on the Corporation by North Dakota Century Code Chapter
10-33 and by any future laws amendatory thereof and supplementary thereto.
ARTICLE IV
Restrictions
Notwithstanding any other provisions of these Articles of Incorporation ("Articles"), the
restrictions in this Article IV shall govern the activities of the Corporation.
The Corporation shall not engage in any activity which may not be carried on (a) by an
organization which is exempt from federal income taxation under Section 501(a) of the Code by
3
virtue of being described in Section 501(c)(3) of the Code or (b) by an organization contributions
to which are deductible under Sections 170(c)(2), 2055(a) and 2522(a) of the Code.
The Corporation shall not directly or indirectly afford pecuniary gain, dividends or other
pecuniary remuneration, incidentally or otherwise, to its directors or officers, and no part of the
net earnings of the Corporation shall inure directly or indirectly to the benefit of any private
individual, except that the Corporation shall be authorized and empowered to pay reasonable
compensation for services rendered and goods received, to provide indemnification and pay
premiums for insurance protection without reimbursement to the full extent permitted or required
by applicable law, and to make payments and distributions in furtherance of the purposes set
forth in Article II of these Articles.
The Corporation shall not attempt to influence legislation as a substantial part of its
activities and shall neither directly nor indirectly participate in or intervene in any political
campaign on behalf of, or in opposition to, any candidate for public office, whether by the
publishing or distributing of statements or otherwise.
ARTICLE V
Registered Agent and Office; Principal Executive Office
The Corporation' s registered agent shall be DeAnna Carlson Zink. The Corporation's
registered and principal executive office in the state shall be located at Gorecki Alumni Center,
3501 University Avenue, Grand Forks, North Dakota, 58202.
ARTICLE VI
Board of Directors
The business and affairs of the Corporation shall be managed by or under the direction of
a Board of Directors. The Board of Directors shall consist of a minimum of 25 individuals and a
4
maximum of 29 individuals. To the extent consistent with these Articles and permissible under
North Dakota Century Code Chapter 10-33, the Bylaws of the Corporation shall specify the
number or the manner for determining the number, term of office, method of selection, removal,
powers and duties of the directors of the Corporation, the time and place of their meetings, voting
rights and such other regulations relating to the Board of Directors as may be desired. An action
required or permitted to be taken at a Board meeting may be taken by written action signed by the
number of directors that would be required or permitted to take such action at a meeting of the
Board of Directors at which all directors were present.
ARTICLE VII
Membership
The Corporation shall have no members.
ARTICLE VIII
No Personal Liability
The officers and directors of the Corporation shall not be personally liable for the
payment of any debts or obligations of the Corporation, nor shall any property of any officer or
director be subject to the payment of the debts or obligations of the Corporation.
ARTICLE IX
No Capital Stock
The Corporation shall have no capital stock.
ARTICLE X
Amendments
These Articles may be amended as set forth in the Bylaws of the Corporation.
5
S^ ARTICLE XI .
Dissolution
The Corporation may be dissolved in accordance with the laws of the State of North
Dakota. Upon dissolution of the Corporation, the Board or the officers acting under the direction
of the Board, shall distribute the assets of the corporation in the following order of priority: (1)
assets received and held for a special use or purpose in accordance with the uses and purposes for
which the assets have been received and held; (2) costs and expenses of the dissolution
proceedings, including attorney fees and disbursements; and (3) debts, obligations, and liabilities
of the Corporation. Any property remaining after these payments shall be transferred, in such
proportions as the Board of Directors of the Corporation shall determine, to one or more
organizations which are exempt from federal income taxation under Section 501(a) exclusively
for exempt purposes within the meaning of Code Section 501(c)(3) of the Code, or to the State of
North Dakota or any political subdivision or agency of the State for exclusively public purposes.
No provision of these Articles shall be construed to affect the disposition of property held by the
Corporation upon trust or other condition, and upon dissolution of the Corporation, such property
shall be transferred in accordance with the trust or condition imposed with respect to it.
6
The foregoing Articles of Amendment Amending and Restating the Articles of
Incorporation of UND Alumni Association and Foundation have been adopted by the
Corporation ' s Board of Directors pursuant to North Dakota Century Code Section 10-33-15, and
shall be effective when filed with the Office of the Secretary of State.
Date:
UNIVERSITY OF NORTH DAKOTA
FOUNDATION
DeAnna Carlson ZinkExecutive Vice President & CEO
GP.3641664 0
7
ARTICLES OF MERGER
y 1 er3100
ca.Q " OF
LUMNI ASSOCIATION OF THE UNIVERSITY OF NORTH DAKOTA 3 , Sd ^, 30a
AND
C;0 -0 11 011
UNIVERSITY OF NORTH DAKOTA FOUNDATION 'L41 6Z"toPursuant to the provisions of the North Dakota Nonprofit Corporations Act, North
Dakota Century Code Chapter 10-33, the following Articles of Merger are executed on the datehereinafter set forth:
First: Alumni Association of the University of North Dakota and University of North
Dakota Foundation are each organized and existing under the laws of the State of North Dakota
and are subject to the provisions of the North Dakota Nonprofit Corporations Act.
Second- Annexed hereto is a copy of the Plan of Merger adopted by the Board ofDirectors and Members of Alumni Association of the University of North Dakota, and by theBoard of Directors of University of North Dakota foundation in compliance with North DakotaCentury Code Section 10-33-87.
Third: Notice to the Attorney General is not required by North Dakota Century Code
Section 1n-33-122 because each merging e ntity is an organization that is tax-exempt under
Section 501 ( c)(3) of the Internal Revenue Code of 1986 , as amended.
Fourth: The effective date of the Merger provided for in the Plan of Merger shall bethe later of June 30, 2014, or the date that these Articles of Merger are filed with the North Dakota
Secretary of State.ALUMNI ASSOCIATION OF THEUNIVIIRSfTY O1= NORTH • AKOTA
Kris Compton, Chair
DeAnna Carlson ZinkExecutive Vice President & CEO
NORTH DAKOTA
Filed 20
Secret ! rate
UNIVERSITY OF NORTH DAKOTAFOUNDATION
1 __By )^-^ frAl Royse, Chair
PLAN OF MERGER
FOR THE MERGER
OF
ALUMNI ASSOCIATION OF THE UNIVERSITY OF NORTH DAKOTA
INTO
UNIVERSITY OF NORTH DAKOTA FOUNDATION
PLAN OF MERGER (hereinafter referred to as the "Plan"), dated May 9, 2014 for the
merger of Alumni Association of the University of North Dakota, a North Dakota nonprofit
corporation (the "Alumni Association"), into University of North Dakota Foundation, a North
Dakota nonprofit corporation (the "Foundation"). (The Alumni Association and the Foundation
may be collectively referred to as "Constituent Corporations").
RECITALS
A. The Constituent Corporations are nonprofit corporations duly organized and
existing under the laws of the State of North Dakota and are both tax-exempt as organizations
described in Section 501(cX3) of the Internal Revenue Code of 1986, as amended.
B. The Constituent Corporations desire to merge their missions, entities and
operations to better fulfill their respective missions, to enhance their ability to serve the donors
and alumni of the University of North Dakota, and to fully realize the benefits of their long-
standing collaboration by achieving even greater efficiency in administration of gifts, including
solicitation, stewardship, asset management, and alumni engagement.
NOW, THEREFORE, the Alumni Association shall be merged into the Foundation and
the Foundation shall continue its corporate existence and be the corporation surviving the
merger. The terms and conditions of this merger (the "Merger") and the manner of carrying the
same into effect, are as follows:
ARTICLE 1
Effective Date of the Merger, Name
The Effective Date of the Merger shall be the date that the Articles of Merger are filed
with the North Dakota Secretary of State. Upon the Effective Date of the Merger, the separate
existence of the Alumni Association shall cease and shall be merged into the Foundation. The
Foundation shall be the surviving corporation and shall thereafter operate under the name UND
Alumni Association and Foundation.
`o
a I
ARTICLE 11Articles of Incorporation
The Articles of Incorporation of the surviving corporation shall be the Amended and
Restated Articles of Incorporation of the Foundation which are attached hereto.
ARTICLE IIIBylaws ; Registered Office
The Bylaws of the surviving corporation shall be the Amended and Restated Bylaws of
the Foundation which are attached hereto. The registered office of the Foundation after the
Merger shall be at Gorecki Alumni Center, 3501 University Avenue, Grand Forks, North
Dakota. 5 8 2 0 2
ARTICLE IV
Directors
The directors of the surviving corporation as of the Effective Date of the Merger shall bethe directors of the Foundation as of the Effective Date.
ARTICLE VConversion of Memberships in the Merger
The Alumni Association currently has members. As set forth in the Articles and Bylaws
of the surviving corporation, the surviving corporation shall have no members within themeaning of North Dakota Century Code Chapter 10-33. The surviving corporation may haveclasses of persons who are affiliated with the surviving corporation and who may be referred toas "members" and may receive "membership benefits" but such persons shall not be consideredmembers of the surviving corporation within the meaning of North Dakota Century CodeChapter 10-33 for any purpose.
ARTICLE VIEffect of the Merger
At the Effective Date of the Merger, the Foundation shall succeed to and shall possess
and enjoy all the rights, privileges, immunities, powers and franchises, both of a public and
private nature, of the Alumni Association, and all property, real, personal, and mixed, including
patents, trademarks, traderiames, and all debts due to the Alumni Association on whatever
account; and all said property, rights, privileges, immunities, powers and franchises, and all and
every other interest shall be thereafter the property of the Foundation as effectively as they were
of the Alumni Association, and the title of any real estate vested by deed or otherwise in the
Alumni Association shall not revert or be in any way impaired by reason of the Merger;
provided, however, that all rights of creditors and all liens upon any property of the Alumni
Association shall be preserved unimpaired, limited in lien to the property affected by such hens
prior to the Effective Date of the Merger, and all debts, liabilities, and duties of the Alumni
Association, shall thenceforth attach to the Foundation and may be enforced against it to the
same extent as if said debts, liabilities, and duties had been incur-red or contracted in the first
instance by the Foundation.
• y
' Y®
F A ARTICLE VII5^G•G Accounting Matters
The assets and liabilities of the Alumni Association as of the Effective Date of the
Merger shall be taken up on the books of the Foundation at the amounts at which they were
carried at that time on the books of the Alumni Association. The surplus of the Foundation after
the Merger, including any surplus arising in the Merger, shall be available to be used for any
lawful purposes for which surplus may be used. Accounting procedures and depreciation
schedules and procedures of the Alumni Association may be converted to those procedures and
schedules selected by the Foundation.
ARTICLE VIIIFiling of Plan of Merger
Upon adoption and approval of the Plan of Merger by the Boards of Directors and
Members, as applicable, of the Constituent Corporations in accordance with Section 10-33-87 ofthe North Dakota Century Code, Articles of Merger shall be executed and delivered to the
Secretary of State of the State of North Dakota for filing as provided by the North Dakota
Nonprofit Corporations Act. The Constituent Corporations shall also cause to be performed all
necessary acts within the State of North Dakota and elsewhere to effectuate the Merger.
GP 3641521 v2
State ofNorth DakotaSECRETARY OF STATE
6,lit
CERTIFICATE OF MERGER OF DOMESTICCORPORATION
INTO
UNIVERSITY OF NORTH DAKOTA FOUNDATION
The undersigned, as Secretary of State of the State of North Dakota, herebycertifies that Articles of Merger of ALUMNI ASSOCIATION OF THEUNIVERSITY OF NORTH DAKOTA into
UNIVERSITY OF NORTH DAKOTA FOUNDATION
a domestic corporation duly signed and verified pursuant to North Dakota statutesgoverning mergers, have been received in this office and are found to conform to law.
ACCORDINGLY the undersigned , as such Secretary of State , and by virtue of the
authority vested in him by law, hereby issues this Certificate of Merger of ALUMNI
ASSOCIATION OF THE UNIVERSITY OF NORT DAKOTA into
UNIVERSITY OF NORTH DAKOTA who then changed its name to UND ALUMNIASSOCIATION AND FOUNDATION.
Effective date of merger : September 15, 2014
Issued : September 15, 2014
Alvin A . JaegerSecretary of State