University of Central Missouri Foundation
Smiser Alumni Center
University of Central Missouri
Warrensburg MO 64093
Web and Phone Contact
Telephone (660) 543-8000
Fax 660- 543-4705
Mission Statement

To cultivate, manage and distribute resources in support of the University of Central Missouri.

Leadership
CEO/Executive Director Ms J. Courtney Goddard
Board Chair Diane Dudley
Board Chair Company Affiliation KPMG Federal Audit
History and Background
Year of Incorporation 1979
Former Names
Central Missouri State University
Volunteer Opportunities
Ways to donate, support, or volunteer
  • Aside from online credit card donations, checks should be made payable to the UCM Foundation and mailed to UCM Foundation, Smiser Alumni Center, Warrensburg, MO 64093.  Please download pledge form from website and send with check. 
  • Gifts can be made through your bank account as a one-time or monthly Electronic Fund Transfer; download our EFT pdf form on the website.
  • You may increase your gift if your employer has a matching gift program.
  • Make a planned gift such as life insurance or charitable annuity or through your estate or will. If you have already made these estate gift provisions, please tell us about them.
  • Noncash gifts often include securities, personal property, real estate or gifts-in-kind. Through the Greater Kansas City Community Foundation, we also accept gifts through donor-advised funds.
Financial Summary
Revenue Expense Area Graph

Comparing revenue to expenses shows how the organizations finances fluctuate over time.

Source: IRS Form 990

 Breakdown
Net Gain/Loss:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.
Statements
Mission Statement

To cultivate, manage and distribute resources in support of the University of Central Missouri.

Background Statement
Although UCM is a public institution, the university receives less than half of its funding from state appropriations. The UCM Foundation was incorporated in 1979 to help the university meet its needs beyond state appropriations and tuition revenue.

The foundation has a formal affiliation agreement with UCM. It is led by a volunteer board of directors that elects officers and appoints new members. Its executive director is the vice president for advancement. Ex-officio members are the university president and a representative of the Board of Governors. Central Missouri acknowledges the UCM Foundation as the preferred channel for private contributions to the university.

Staff members work with alumni and friends, corporations and foundations to raise funds for scholarships, academic programs, facilities, equipment, professorships, leadership awards, research projects and many other university priorities.
Impact Statement
Accomplishments: 
  • The UCM Foundation continues to increase the payout from endowments in support of students and academic programs.
  • The Foundation Board authorized a payout of $1.4-million for fiscal year 2018
  • Fifteen projects received funding in FY18 through the UCM Foundation's Opportunity Grants Program, totaling $37,000. Grants start at $100 to an individual maximum of $5,000. Projects range from aerial drone with equipped video camera and a set of West African drums to the creation of a transmedia storytelling lab and an eight-week structured exploration in understanding masculinity
  • Exceeded FY18 fundraising goal prior to the fiscal year close.
Goals: 
  • Invigorate Engagement
  • Inspire Service
  • Elevate Performance
Needs Statement
  • Need-based scholarships
  • Retention-incentive scholarships 
  • Capital Projects
  • Missouri Innovation Center
Service Categories
Funding Raising & Fund Distribution
Fund Raising & Fund Distribution
Areas of Service
MO
KS
CEO/Executive Director/Board Chair Statement

One of the biggest challenges a university foundation faces today is being able to help students to achieve their goal of a college degree while faced with rising tuition costs and increasing student loan debt. Scholarships are important, as always, but developing need-based funding sources are just as vital. That's why one of major programs in recent years has to been the funding of retention scholarships, helping students to complete their college degrees. Our recent investment management strategies have helped the foundation not only survive the tumultuous economic times but thrive. We take the stewardship of our endowment very seriously because we know that income must keep up with the growing need of our students. We have been able to maintain and even increase the annual payout rate based on the superior performance of our investments. 

Programs
Description
The Foundation's Opportunity Grant Program supports faculty and staff who have ideas but insufficient resources for entrepreneurial projects that strengthen the university’s learning environment and students’ academic experience. The program provides one-time seed money for projects that result in significant outcomes and that advance the university’s strategic positioning platform of engaged learning, worldly perspective, culture of service and future-focused academics. Forty-three projects have been funded to date, including the start of a campus food pantry, international service learning experiences, a new honor for veteran nursing graduates, new technology for several academic programs, faculty research, and more. Year three funding was increased to $37,000 in support of 14 projects, a 48 percent increase in funding since year one. 
Category Education, General/Other Postsecondary Education
Population Served Adults
Short-Term Success These grants vary and have different impacts on students' learning experiences. No specific quantifying outcome is required for the grant.
Long-Term Success Various grants impacting college students' learning opportunities. Each grant has separate outcomes, such as providing ammunition for first place ranked criminal justice student organization, art exhibit addressing earth and animal preservation, campus event focused on addressing sexual assault, new camera technology advancements for incoming students. No specific quantifying information or goal is required for these grants.
Program Success Monitored By Grant recipients are required to make mid-term and final fiscal year reports about how funds were used and outcomes achieved, including the number of students impacted. These vary by grant and are monitored by the UCM Foundation Executive Director.
Examples of Program Success In its first year of funding $25,000 impacted 28,347 people internationally; providing meals for communities in need, educating people on the history of the Holocaust, educating students on wireless tethering technology, empowering young minds during a Women in Leadership Conference, and many other ways. 
Description This student leadership team educates current students and the university’s alumni about the value of engagement and philanthropy. Students come from all backgrounds: advertising, publicity, recruitment, professional development, future planning, student engagement, philanthropy, social media, events and programs. 
Category Education, General/Other Alumni
Population Served Adults
Program is linked to organization's mssion Yes
Program Frequently Assessed Yes
Short-Term Success Once just ambassadors to alumni at on and off campus events, this group is taking on greater responsibilities as relate to a stronger culture of philanthropy and alumni engagement with current students.
Long-Term Success These student representatives are tasked with increasing internal awareness and engagement of alumni to strengthen philanthropic activities and to extend the reach of our Alum From Day One program for MuleNation Student Chapter, engaging their peers.
Program Success Monitored By Our Director of Alumni Engagement who selects the students also makes assignments and monitors their success.
Examples of Program Success New in 2019
Description With a $500,000 portfolio allocated by the Foundation Board, these undergraduate and graduate finance students perform detailed analysis of potential investments, security selection and performance. They conduct monthly research to review every asset in the portfolio, analyzing performance and comparing overall portfolio performance to benchmarks. Next, students make recommendations to buy or sell assets or rebalance asset allocation. They are required to make presentations to an advisory board and the Foundation executive director who decides whether to act on their recommendations.
Category Education, General/Other Educational Programs
Population Served Adults
Program is linked to organization's mssion Yes
Program Frequently Assessed Yes
Short-Term Success The first academic class, Fall 2014-Spring 2015, took the $500,000 investment and through their investments, have gained some $56,000. In addition, they are learning to make presentations and recommendations to clients, all part of having successful careers in the investment and finance world.
Long-Term Success This student investment group is another example of the Foundation's direct impact on student learning and how unrestricted gifts provide opportunities otherwise not available. The success of this program is stronger graduates into the investment world and profits for the Foundation.
Program Success Monitored By Program success is monitored by finance faculty members and the Foundation executive director.
Examples of Program Success The first class of student investments took the $500,000 investment, made client presentations, and to date have realized gains of some $56,000.
Description This online application system makes it easy and convenient for students to apply for Foundation scholarships and generates a spreadsheet of all qualifying applicants to the academic areas administering recipient selection, providing an efficient, effective method to make sure donor-funded scholarships help the most students. 
Category Education, General/Other Postsecondary Education
Population Served General/Unspecified
Program is linked to organization's mssion Yes
Program Frequently Assessed Yes
Short-Term Success
The unique program matches student profiles to opportunities of interest for which they quality, increasing applications for Foundation scholarships. In many instances, students qualified for up to 50 or 60 scholarships, tremendously impacting the pool departments could consider in making awards. 
Long-Term Success Complete transition from students applying for scholarships on paper to applying for scholarships online through MoCents. 
Program Success Monitored By The foundation scholarship coordinator Vicki Voskovitch monitors UCM ScholarshipFinder. She sought out feedback before and after the launch by test groups, faculty, staff and students. 
Examples of Program Success
 In its third year UCM ScholarshipFinder was rebranded (formerly MoCents) to better communicate the value of the tool and to increase the  applications profiles beyond the over 3600 that are current.
Executive Director/CEO
Executive Director Ms J. Courtney Goddard
Term Start Mar 2019
Experience
Courtney Goddard joined the UCM Foundation administrative team following a two decade career practicing law in the area of higher education. Ms. Goddard represented over 40 higher education clients in a nationwide private legal practice. She then spent eleven years at Park University as legal counsel and then as Vice President and General Counsel prior to joining UCM.
 
Ms. Goddard also has experience in the areas of higher education development, special events, alumni programming, external relations and philanthropy.
Senior Staff
Title Executive Assistant and Donor Stewardship Officer
Title Foundation Accountant
Title Associate Vice President
Staff
Paid Full-Time Staff 21
Paid Contractors 0
Volunteers 0
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation Yes
Senior Management Formal Evaluation Frequency Annually
Non-Management Formal Evaluation Yes
Non-Management Formal Evaluation Frequency Quarterly
Plans & Policies
Organization Has a Fundraising Plan Under Development
Organization Has a Strategic Plan Under Development
Management Succession Plan Under Development
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy Yes
Board Chair
Board Chair Diane Dudley
Company Affiliation KPMG Federal Audit
Board Co-Chair
Board Co-Chair Scott Taylor
Company Affiliation Solomon and Associates
Board Members
NameAffiliation
Gary AbramHCap International
Cory Bittner
Eric CampbellVML
Peter CarmackWells Fargo Advisors
Wade CarpenterSummit Wealth Advisors
Mike DavidsonRetired, State Farm
Michael DavidsonRetired, State Farm
Diane DudleyKPMG Federal Audit Practice
Brett Ginn
Kelly (Stoll) HarbertSpectrum Partners
Michael HardingRetired, Anheuser-Busch
Jim HatfieldPinnacle West Capital Corporation, Arizona Public Service Company
Homer KayHallmark International
Ken KempkerRetired, Service Experts
Leslie KrasnerCorporate Equity Solutions Group
Brock Lewark
Tim McClellanBlack and Veatch
Meryl Lin McKean
Anand MehtaRetired, Boys and Girls Club of America
Mike OrndorffAmerican Century Investments
Michael Orndorff
Richard PhillipsRetired
Randy Rahe
Jessica RamirezMetropolitan Community College
Ronald RobyGII of Illinois
Keith SchreimanRetired, Unitog
Mark SchuppRetired, Schupp Company
Scott Solomon
Scott TaylorUrban & Taylor, S.C.
Ron UmphenourStewart Mellon LLC
Linda WadeRetired
Cynthia WilsonMercy Health System
Governance
Board Term Lengths 3
Board Term Limits 3
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100%
Percentage Making In-Kind Contributions 0%
Constituency Includes Client Representation No
Number of Full Board Meetings Annually 3
Financials
Fiscal Year Start July 01, 2019
Fiscal Year End June 30, 2020
Projected Revenue $6,000,000
Projected Expenses $3,750,000
Endowment Value $35,405,569
Spending Policy Percentage
Percentage 5
Form 990s
Audit Documents
IRS Letter of Exemption
Foundation Comments
  • FYE 6/30/2018, 2017, 2016: Financial data reported using the IRS Form 990.
  • Foundation/corporate revenue line item may include contributions from individuals. 
Detailed Financials
 
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201820172016
Foundation and
Corporation Contributions
$3,088,306$3,953,757$3,992,946
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified----$0
Individual Contributions------
----$0
$143,811$90,518$105,722
Investment Income, Net of Losses$1,917,062$1,724,043$837,080
Membership Dues----$0
Special Events$199,486$167,022$174,219
Revenue In-Kind--$813,675$955,781
Other----$0
Expense Allocation
Fiscal Year201820172016
Program Expense$2,817,552$3,751,216$3,766,003
Administration Expense$703,083$644,338$507,527
Fundraising Expense$239,603$423,517$175,653
Payments to Affiliates------
Total Revenue/Total Expenses1.421.231.36
Program Expense/Total Expenses75%78%85%
Fundraising Expense/Contributed Revenue------
Assets and Liabilities
Fiscal Year201820172016
Total Assets$58,760,045$55,949,840$51,968,638
Current Assets$5,928,752$6,654,092$5,954,999
Long-Term Liabilities$1,356,475$1,432,416$1,454,073
Current Liabilities$297,196$256,170$179,326
Total Net Assets$57,106,374$54,261,254$50,335,239
Short-Term Solvency
Fiscal Year201820172016
Current Ratio: Current Assets/Current Liabilities19.9525.9833.21
Long-Term Solvency
Fiscal Year201820172016
Long-Term Liabilities/Total Assets2%3%3%
Top Funding Sources
Fiscal Year201820172016
Top Funding Source & Dollar Amount $257,113Anonymous $250,000 --
Second Highest Funding Source & Dollar Amount $199,416Anonymous $200,482 --
Third Highest Funding Source & Dollar Amount $150,000Anonymous $174,717 --
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years Yes
Other Documents
Transformation 2025 Strategic Plan2016View
Bylaws2015View
Endowment Report2015View
Endowment Report2014View
Endowment Report2013View
Annual Endowment Report2012View
Organization Name University of Central Missouri Foundation
Address Smiser Alumni Center
University of Central Missouri
Warrensburg, MO 64093
Primary Phone (660) 543-8000
Contact Email giving@ucmo.edu
CEO/Executive Director Ms J. Courtney Goddard
Board Chair Diane Dudley
Board Chair Company Affiliation KPMG Federal Audit
Year of Incorporation 1979
Former Names
Central Missouri State University