Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,602,447

• 1f · All other contributions, gifts and grants

  $9,266,308

• 1g · Noncash contributions included above

  $353,120

• 2a · Program service revenue: REGISTRATION FEES

  total $29,000 · related or exempt $29,000

• 3 · Investment income

  total $287,262 · excluded $287,262

• 7a · Gross sales of assets other than inventory

  securities $20,335,994

• 7b · Less cost or other basis and sales expenses

  securities $19,061,375

• 7c · Gain or loss

  securities $1,274,619

• 7d · Net gain or loss

  total $1,274,619 · excluded $1,274,619

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $9,865,665 · program services $9,865,665

• 2 · Grants to domestic individuals

  total $71,099 · program services $71,099

• 11c · Fees: accounting

  total $32,000 · management and general $32,000

• 11f · Fees: investment management

  total $205,823 · management and general $205,823

• 11g · Fees: other

  total $78,557 · management and general $27,722 · fundraising $50,835

• 12 · Advertising and promotion

  total $38,918 · management and general $27,951 · fundraising $10,967

• 13 · Office expenses

  total $51,975 · management and general $16,722 · fundraising $35,253

• 17 · Travel

  total $133,283 · management and general $7,480 · fundraising $125,803

• 19 · Conferences, conventions and meetings

  total $164,580 · management and general $87,184 · fundraising $77,396

• 22 · Depreciation, depletion and amortization

  total $12,145 · management and general $12,145

• 24a · Other expenses: ULI SERVICES

  total $1,105,466 · management and general $198,365 · fundraising $907,101

• 24b · Other expenses: OTHER EXPENSES

  total $15,786 · management and general $6,932 · fundraising $8,854

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,966,824 · end of year $1,047,870

• 3 · Pledges and grants receivable

  beginning of year $26,946,395 · end of year $28,625,966

• 10a · Land, buildings and equipment: cost or other basis

  $36,435

• 10b · Land, buildings and equipment: accumulated depreciation

  $18,199

• 10c · Land, buildings and equipment, net

  beginning of year $30,381 · end of year $18,236

• 11 · Investments: publicly traded securities

  beginning of year $5,283,379 · end of year $4,482,707

• 12 · Investments: other securities

  beginning of year $54,472,633 · end of year $58,974,820

• 25 · Other liabilities

  beginning of year $8,422,179 · end of year $6,309,897

• 27 · Net assets without donor restrictions

  beginning of year $14,457,800 · end of year $16,867,723

• 28 · Net assets with donor restrictions

  beginning of year $65,819,633 · end of year $69,971,979

The filer's explanations (Part III)

PART I, LINE 3

THE ULI FOUNDATION DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS. ALL OFFICERS SERVE ON THE FOUNDATION'S BOARD WITHOUT COMPENSATION. ALL PART II IS PAID BY A RELATED ORGANIZATION OF THE FOUNDATION THE URBAN LAND INSTITUTE (ULI), COMPENSATION DETERMINATION PROCESS IS AS FOLLOWS: ULI RETAINS AN INDEPENDENT, OUTSIDE COMPENSATION CONSULTANT TO REVIEW THE COMPENSATION FOR ITS KEY EXECUTIVES. AS PART OF THIS PROCESS, THE CONSULTANT IDENTIFIES COMPARABLE ORGANIZATIONS AND OBTAINS THE MOST CURRENT COMPENSATION DATA AVAILABLE FOR THEM. THE CONSULTANT SUBSEQUENTLY PREPARES A DETAILED WRITTEN REPORT THAT COMPARES ULI'S CURRENT EXECUTIVE COMPENSATION AGAINST SIMILAR POSITIONS IN LIKE ORGANIZATIONS. THE WRITTEN REPORT ALSO DESCRIBES THE STUDY METHODOLOGY AND STATES THE CONSULTANT'S OPINION REGARDING THE REASONABLENESS OF ULI'S EXECUTIVE COMPENSATION RELATIVE TO THE IDENTIFIED MARKET COMPARABLE. THE COMPENSATION INFORMATION SHOWN IN PART VII OF THE FORM 990, AS WELL AS SCHEDULE J, IS PRESENTED ON A CALENDAR YEAR BASIS IN ACCORDANCE WITH IRS FORM 990 FILING INSTRUCTIONS.