Unf Charitable Gift Fund

“Election of board of directors the election of the board of directors of the unf charitable gift fund is subject to approval by the university of nebraska foundation.”

“Governance the articles of incorporation and bylaws of the unf charitable gift fund grant control of its board to the board of directors of the university of nebraska foundation, a related organization. The university of nebraska foundation appoints and approves the board of directors for the unf charitable gift fund. There are no overlapping members.”

“Form 990 review the form 990 is reviewed and approved by the officers of the organization prior to filing and a final copy with schedule b redacted is given to the board prior to the time of filing.”

“Conflict of interest policy annual completion of the conflict of interest disclosure form is required by the board of directors and all officers of the unf charitable gift fund. Stated conflicts are investigated by in-house legal counsel and reported to the chair of the board of directors. The chair reviews any potential conflicts and makes a recommendation to the board, if appropriate. The board makes the final determination of whether or not there is a disqualifying event. At any time, a board member may declare a conflict of interest and recuse himself/herself from the discussion. The individual is also required to disclose any known or possible conflicts of interest that arise during the calendar year. Note that in the 2021 calendar year, the organization did not ask directors and officers to disclose potential conflicts of interest. This was an oversight due partially to a staffing change around that time. As such, part vi, section b, line 12 indicates that directors and officers were not required to disclose potential conflicts for this tax year. The policy described above is still in place and disclosures were completed for officers and directors in december 2022.”

“Compensation review the organization does not compensate a ceo, executive director, officers, key employees or any top management official. These questions have been marked "no" per the instructions.”

“Governing documents the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Change in value of split interest agreements 543,304.”

“Audit oversight as of july 1, 2015, the organization amended its articles of incorporation and bylaws to grant control of its board of directors to the university of nebraska foundation. The foundation accounted for the change in control as a change in reporting entity for financial reporting purposes. As such the financial statements of the organization were consolidated with the foundation's 2016 financial statements and will continue to be consolidated in subsequent years. The foundation has an audit committee that assumes responsibility for oversight of the audit and selection of the independent auditor.”