The Nucleus Real Properties Inc

“The organization has no employees, thus lines 15(a) and 15(b) of part vi have been marked "no".”

“University of louisville foundation finance personnel and an outside firm prepared the return. A copy of the return was provided to the board members for review prior to filing.”

“If an item is presented to the board of directors (or any other policy board) for action, e.g., purchase of property, merging with another entity, buying services, etc., the board member will disclose his or her possible conflict of interest and must recuse himself or herself from voting. The board member also avoids participating in any decision or advocating for any decision of the board. In some circumstances, e.g., when the conflict of the board member places the board memberr in competition with the university, the board member will leave the board meeting during discussion or update on the actions. Before any meeting of the various boards, an agenda is circulated to each member or director with descriptions of the action items. This allows sufficient time for any board member or director to alert the board about a potential conflict of interest. Past practice includes written disclosure by the board member outling: (1) that a conflict of interest may exist; (2) the nature and extent of the conflict; and (3) the description and potential benfit, direct or indirect, to the member of the board. This information will be supplied to legal counsel and the entire board ahead of the meeting, and a copy of the information will be maintained in the board member's file.”

“The organization makes these documents available upon request.”

“MAINTENANCE - Total Expense: 60314, Program Service Expense: 60314, Management and General Expenses: , Fundraising Expenses: ; MISCELLANEOUS - Total Expense: 202875, Program Service Expense: 202875, Management and General Expenses: , Fundraising Expenses: ;”

“Affiliate Transfers - 95676;”

“The organization's activities are consolidated with the university of louisville foundation and its affiliates. An independent auditing firm performs an audit of the consolidated financial statements of the uofl foundations and its affiliates. The foundation's audited financials are approved by the foundation's audit committee and reviewed by the foundation's finance committee and board of directors.”

“Dr. James r. Ramsey: contractual non-cash benefits - $233,525 annual grant - $75,000 notional interest earnings 2003-2014 - $145,487 true-up of prior year tax indemnifications - $161,679 2020 retention grant for 2012-2014 biennium - $500,000 mandated retirement account in lieu of earned bonus - $156,000 tax indemnification per contract - $867,074 total - $2,138,765”