2022-06-30-accounts - University Of Illinois Foundation UK Limited

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Cofflp•ny R•gl•tr•tlon I. lo421 {Engl•nd ¥nd W•l••l UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trust C C De¥ocelle DGtWer E F Ewald C S Mathth4S J H Mc¥)r8 PAkrrtas D Mwnhart G Glag Ch•rfty numb•r 1170799 Cornp•ny numb•r lo421 Roybt•md offk• Third Fknr 20 Ok1 Baiy Lgndon EC4M 7AN Audltor RSM UKAart LLP Chart¢1 A¢ountonts 25 FarringJon Str*t Lwdon Unrted KIrydn EC4A4AB Bank•rn CAF Bank kn'mit PO BOX 289 25 KirrfJs Hill Av• Kirys Hill Ès¢ MallirYJ Kent ME194TA

UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2022 financial Statem aThJ coiwy vrith thè Foundatth's gov•min9 dorxm•nl. tho Cornpan Act 20C6 and "AccLJunbw and R8POrting by Chantjes" Stat•ment ol R8cc¥nm•TrawJ Prathce to Charit prepanng ththr accounts In 8¢tordanc• with tm Financial Stafyjard aprdtat4tr th• UK R•p ol keld IFRS 1021" las lof c£¥nm•j frcffi 1 January 20191. Th? UnNWSty of IllirA)o UK LThj ty • rww•knpd dwrity InLvnbw 11707991 wh¢)¥• wn¢ipo1 r&ecb¥es are os folk>. th Ihe VnverW ol Illiro5, The tnjstees hav8 p8KJ regard to l)voft gu•Jw 18Sd by ts Ch•nty Cornmiswi in d8ddir4 vthal athvitw thè Founsjabon shoukj undertake. AchSw•m•nts and wrfornine• The Foundation Is In its •afly stagts ol •twt•d b) r•c•%• ¢ywtKrn Pa • wnt Fln•nclal r•vb•w In Its aJent year. ts FouThJalion of £7.037 (2tr21" £2,eo)1 In tho ¢unBnt •nd rmr ye•r lh• p•renl uThJertin9 has agroad to cr th• FOUndat'S costs In so ¥ gift In kind of £32,$88 12021.. £20.8861 has provKl¢d T FourKlatJon wrrnd w0f•S881 fws 01 É32.588 12021. £20,886>. donaticffj• 10 th¢ US ponI ol .99)I2021. £4.4coI *¥J bank dwrge• of £152 12021 £1641 r•sulb"r¥J In • dgfiot for th•

wof£1.131 12021. dekit £1.9641 TM Foundatson wll Ixrry fcnvard •t and of £12.07912021. £12,7101 w)J T•Ithd lurth ol £nl12021.. £5WI. The parenl undertakir¥J. Universty of lifK Frjat. has frymoly iTrlK•i¢d ts Intticl to ¢Onts'n io 0J6 finar1 to Fourkn to rts p3al$ as th•y fall Oue for the 1£8811e fvture, and 8 pènfyj ol at kn•$t 12 montrL frtyn tlx dot• •pprov81 ol lh gt•t•m•nl• unrpstrKi•d fuThJ• rKX b8•n sJ•wJnai•A1 fty a u8• shk1 t rnaintained at a le¥ eWaknt to thfw aThJ six mmths, exrendrture Thtr trustees consider that ès * this level 11 ensure that. In ts e1 of 8 $KJnifi¢ant drop in lunding. Ih•y VAII b&abK8 to continue the charty's Cufrent 8Ctivths. ghn to ways In whK wjoOnI1 fuThJs may be At th• y end. ts Fwndabon h•J Iroo resffts 01 £12.07912Wd1 £12.7101. •ThJ r•s8Th5 of £nil12021 £51. Fundrnhln9 Thg Truste¢$ ¢(xffinn that fv FouwKJokn'S ILknJraw k8 c£•TrLant wth th• rwnis•J staTrJafds of firatThj as set Imjt in Ccth ol Fundratyry Pradre. as pll as throe requird uthler Chority Low. Th• Foundation doas not 8mph)y s•rvictt of afty thirdyrty woknnal fiJThJrawrJ ¢wJanoatw Th• irust8•s have 8ssess•d the major risks to whth the F18.( * •xpos•d. aThY are satsfvd tst 8y•twn8 are In pL4e• to mtyate ex(Ure to tN• fflaj rtsts. In futu years, th8 trust8es 11 to luffil FLJaI.9 (ty(th•s ol th• of arKI

UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2022 Structurn, govgrn•nce #nd m•n•g¢m•nt The Foundation is a crynpany limited by shatss. as ¢Jèfined by fv Companies Act 2Tr. Incwratad on 14 October 2016 arKI wistered as a charty on 16 DwmLr 2016 The Chantable Company is controlled by its govèrniNJ documenL tts memorandum aThJ kndes ofAssociab"on. dated 14 Ortotw 2016 The SO subscriber is The Unwersty of Illinoig Foundatson. 8 rK)nprofit corporat incorymted in Unrted Ststes olAmerica. There is to t¢ a rninimym ofthw trust¢8s and no mMum. Th8 trustees, vkno are 8kn0 the dirtorB tsthg purp05• ofecffipany law. WI during th• y•ar w•r•. C C DevocA DGLWer E F Ewald C S Mathews J H Moore P Akritas D M•inhart G GLas The shareholdtrrs may aFpoint a r$On who 6 wlliro to act as a for term as ihay shall fit, ¥ith•r to fill a vacancy or as an adOnal Trustee A r8tring Trustee rnay be reappoint•#. There $ho11 no Wmrt lo numt•r of b.rnos a Trust•¥ m8y be r?poInt•d. Thè Trusisès 8r• consid•r8d to b8 FouThJabGffj'S key m89ernen1 peTronrel. No rnernbws of the key managernent Fersonn¢l r& rgmuroraty"on. The Trustses have control ol FWndats JTrJ rtts proporty oThJ funds. Tmy may rwulot¥ th•ir prrx4eJirKJ$ 8$ th¢y think fit Tho sharo capital in issue has no Thjht r1 o diwd•nd or any ¢)thw distn"butson. TrU•t0 Ind•mnltl•• The Foundatign has made qualifying ihird paty Indemnty provtsicms lor the tenefit ol ts Trustees whth were rnade dunry ytrar and remain in force ai the date of th¢s re Audiior The auditor, RSM UKAudr¢ LLP. is deerrd tts be r•Fp)inbJ uThaer SOC 487121 ofthe Companies Act 20C6. •cloJur• of Infomotlon to audltor E8¢h ol the trust•8s hag cOnfimj Ihat there is rKtr Infornauon of which tsy a aware whth is leVant to t audit. byt of which the auditor Is unawa. They hast frjrther c(nfirmed that fvy h8¥e tsken approprwte steps to identify 5uth revant infomiabon and to astablish Ihat the atyjrtor is of su( infomiath)n. raport has baen pr8paf&J in accrKdance knyth ts pro510n¥ aFpltt kn oynpanie¥ gntitbd to ts ?11 compan$ exernptK)n. The Trustees, Report was approvgj by the Board ofTruste•s. Moore Trustee

UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED STATEMEKf OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 30 JUNE 2022 TI tru51ees. are atso direct of Unwsty of Illinw FwThJatth UK Limrted frr th& wrwsè of compary Im. are re$[thb for prepanng the Trust8as' Report aThJ the finaal statwnonts In accLJrdance v•th appticable Company ond ¢hanty r8qures th8 trustees to prepare finanrial siatements for &Jch finanrJal year whth 91 true and fair vw of the state ol affJ(s ol FjaOn and of r•wJrc4• and aFWKKin ol In prepanrG these finanual stalemenls, th• trustees ar• requifed to - obsem th• metfKx18 pnneW•s In tr Chantw SORP, m8k• iO•mnts and $5timot•s that affj rogwiaL4• prtyJ•nl', ' prepare the financ1 staternents bards LW)bss rt • prwrn th•1 tr y tsmtr fin4 of It FrJ4)m ¥•J to ¢h8t finana•l stat8m•nis compty ¥hth ts CornpanJ Act 2CK6 Tlw wo alw resFon8&) for Mfeguardirg assets ol th¢ FOut•t1 ond htsn for takiro reasonable steps for th8 and d•t•cton ol fraL#J aNI otsr Irrryarth8

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF UNIVERSITY OF ILLINOIS FOUNDATION UK LIMrrED Oplnlon È have aulited the finaral s18teM of untSty of Illino FOu18bc UK L¥Trtsd for yèar •r#J•d Juna 2022 whi¢tt ¢pris th? Statemenl of Financial Ath"5. thè Surnm oThJ ExFendrture AQUIrt. the Balance Sheet. and notes to the finarKtal statements. indudin9 swnifKant XC4Juntsry Folws Th8 financial reporting tramv•r that has been ap4 in t1r [Wraty is icable Unrted Ifjwm AccounbTrJ Standards, induding FRS 102 'Th8 Financial ReportÈThJ SiandaNI aFOKat>l• In tm UK R•wttt ¢Y Irdand. (Unitsd Kin>Jom G•n•roltyAce•pt8d AcLXJUntiThJ Plac1) In our cvinfi Ihry fin•nc4al stst•ments.' gi¥e a true and tsir VV4¥ 01 the of ts chartal)kn ¢3Jnpanl$ aff81rn at 30 JUM 2022 #nd tsf it8 inc4yning r•w)Ur( wvj of resources. induthrg rt8 Ir and •xpgThJrture. for the y?8r tn •n(led.' •rKI 8••l• opl coTrJuctsd w 8jrt In accun wth Irrtemabwl StaThJard5 Audry IUKI IISAts IUKII . Our tho sl¥Ndarfs are hjtlw desrJtsJ In ts Await($ respon•ilth& For Ihe audit ol r•qur•m•nl• that ¥r• r•kn¥1 to cur atyJrt ol ts finorwl stst•n•nty thi UK. In¢luling th? FRC'S Ethul Standard. •rKI h•¥• otlw eth1 reS1th$ In wih the rwuirwnents. bl1> C(xKlu•bon• rnlitlng to goong eiMe•rn In the finan081 $tstwnts, hm that tr tr1. al tr 90 0ndiln3 that. IndylJualty or co14•1y. May cast gynitsarrt dwbl thonl¥t4• cgynpony • atslty lo con¢mu• qoiw conc4rn lor • FWK#J ol at t montrts frcan wmn lh8 finanual stat)nts are autfKxrn•J luu•. Our r•sponsIbilit8 and th• r•Spon8kn.lti d thfr trust•es r••p•( to pr•J ¢¢#K•m •r• ¢JwtsJ in Ihv r•knvort1 a•¢tions ol thkl rIp. <Xh•r Inlommtlon The oth8r Informabon c¢xnfvi th• Infmith 1ftd in Annual R•F4)rt otrr tmn th• fin•noAI st•t8mwts our oudrtor'$ r¢r¥)rt tr• Th• truste•s ar• respor6ibÈ for the other inf0rnatn coni8intsd wrthin the Annu81 Report. Our oF4np?n on finoThi•l staterrnts not COV8f lh8 olh8r Inlomation and. •XCA•Pt to lh• 0xt•ni 019• •xplKty stated in ojr TeFQrt, do rKX ¢xpms 8ny t ol 0$8urnnc• ¢xrrau8lon tr•Oft. ()Jr r•¥xirnIlty ty to r••J rAher Infryrnab aThJ. in so. consthr whathw th• othaf inlormatron 1$ maleriany Incmoknli wth finanoal stai•m•nis or wr rJ)tsined In Ihe course of the audit or aFyears to t rDatenalty rnBststgJ If we Jentify SLth malarial inconsrat•nu88 or appar•nt matèrial mis51Bt•rtnts. • af• f•quir•J to dlm}I this nse to a m•twwl mtsststern•nt in ihe financial $tstemwlS If. bA8•a on th• habe Ferform&J, wa that th8re is a rnaterial how4 nothirq to r•wt in r•gard. Oplnlon on oth•r ffl•tt•rn w•Krlb•d by IIKI CompAnio• A¢t 2006 In cynw. b•ge(I uThJertaken In Ihe ¢[st oftr a1 IM Inltymotk)) 9Th•n In the TrLk4ees' Repyt yew tr• fiTh•rK¥4 Ii•knYnts we prepared Is cortrJistent wrth the finanaal Slatern."

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF UNIVERSITY OF ILUNOIS FOUNDATION UK UPArrED (CONTINUED tt•rB on thleh w• arn Thqulr•d to rnport by •x¢•pllon In the IKJM ol the knowknJ90 arKI understsrKlirrtJ of the charrtat4e wnpany rts •nwronm•nl ¢4)tsin•J in tl V4ts have nothiro to rwt In rwp•d ol lh• lolknw"r#J Matters ¥h8r• IM Ccfflpans Act 21x6 r•4uifes to ropryt to you If. In epinh)n". frcrn tyranchs ngt vigthl by us. th• finanaal 6tat8mants ar8 not in aor••mrt XcrA.J rebjrn (W trtain thsdo¥Jr•s oftrLkst, ruwItl sF•tsfJ by W are m, or ha not r•c•wd all inl)nnalw)n aThJ explanabong we rnqutsre for our ¥udit A• explaiwj more fulty In th• statarrnt ol TnMtoM' r•¥Jon•its'liti8s let ¢>Jt p•Jo 3. thè tnMt•o6 Iwl)o •re tha directors ol ¢hatstobkn ¢rynpany for lh• FwfF#)8•s af ¢£x71pany Wl ar• r•8pJi8tsk• of I finane4al $tst¢menlS •nd lry tw¥J th¥t Ilw a tyuts lif ¥i. for SLth intwnal control as th• tru5tee5 Oe¢ermine fj rssary to enable wryaratw ol finarKial st4toments Ihol Ir•e Irom mai•rto1 mi8stat8mont, wWh8r du• lo fra1 or •rror. In prepariro tr firty1 stsityiitrnts. ts trLtyl•gs ar• resFon$ibkn fry Iha charitabt8 rLJmpany'8 abillty to contrnue as • goiw concem. disdoJir4J. as &WIb. rn¥tterg rel¥t¢d to gtyNJ ¢one4m •ThJ usin9 th• OF•rntLms. or hab no r•alrfbc all•malw but to do 80 Audltorf• r••pon•lbllltl•• forth• •udlt olth• Iln•ncl•l •tsl•m•nts rnatenal misstat8m•nt, vkn•th8r du• to fraud Of •rror. aTrJ Io ISS an aUrt,8 rewt that indJe9 our R••sonobkn a88uron¢e ig a hyh lewl ol T¥•. bul a gu•r•nt•è an autht coThlLKteA1 In accordar ¥nth ISAS IUKI 11 ¢JgtKt a m¥teno1 mBsl•knTWt rt ?Xtsts. can ona• frDm fraud or errw and are con8KJered matenal rf. indNp3ualty or in thè tygregjte. could reoswbly &XF¢Ctsd 10 Th• •xt•nt to wfv th• audbt ¥A• eoMld•rnd P•bI• of d•l•cilng Irr•gUrIt1, Includlng fr•ud Irregularitss Instanc8s ol nOn<0m(¢• wrth IM arKI rnauL4borrt. Th• (tyc of our 8[yrt ar• to obl•in ffi¢Ent aFwvrtO au¢Jrt crynplwnce wth •ThJ rwilth)S Ihai ham• a direct •ff8ct on th• dtenn1nth of amcwnts d15d¢Mures In thtr fin8wal St•tents. to wfomi gudil prc¢•dyr•8 to Mlp id•ntify insl8nc8s ol non<omplicé vmh ithws •rnJ W"0n9 Ih•¢ may ha¥e a rn0ttn ?Il•LI on thè finanu•l thnbfd th• wJrt In rti to frawj. ol our wart aro 10 thnbty •TrJ thtr ffjk of maton.al misstat•m•nt of th• fin•ncial sI•tWTnts due to fraJ. to obtsin guffK)ent oppropne audil ewdenc• warding thtr •85tr$9od risk8 01 material m$tslem•nt duo to IraLh3 thrwh tY8sK4niNJ aThJ Implntry a1 to resporKI ppropnately io fraj or siwctthj Ir•A X1enbfj dunrvj ts auht. HoVer. It M IK? prmary responsit41ty of m•nyrigrt tmth of thc• ¢h8rg8d tyibwnarth. to ongu that ts entys w• Cjl1 In acrnrdarKe wnth ts wDYN5 of l•s and wulions and lor

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED (CONTINUED)

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud, the audit engagement team:

obtained an understanding of the nature of the sector, including the legal and regulatory framework that the charitable company operates in and how the charitable company is complying with the legal and regulatory framework;
inquired of management, and those charged with governance, about their own identification and assessment of the risks of irregularities, including any known actual, suspected or alleged instances of fraud;
discussed matters about non-compliance with laws and regulations and how fraud might occur including assessment of how and where the financial statements may be susceptible to fraud

As a result of these procedures we consider the most significant laws and regulations that have a direct impact on the financial statements are FRS 102, Charities SORP (FRS 102), Companies Act 2006, Charities Act 2011 and the charitable company's governing document. We performed audit procedures to detect non-compliances which may have a material impact on the financial statements which included reviewing the financial statements including the Trustees' Report and remaining alert to new or unusual transactions which may not be in accordance with the governing documents.

The most significant laws and regulations that have an indirect impact on the financial statements are those in relation to data protection. We performed audit procedures to inquire of management and those charged with governance whether the charitable company is in compliance with these law and regulations.

The audit engagement team identified the risk of management override of controls as the area where the financial statements were most susceptible to material misstatement due to fraud. Audit procedures performed included but were not limited to testing manual journal entries and other adjustments, evaluating the business rationale in relation to significant, unusual transactions and transactions entered into outside the normal course of business and challenging judgments and estimates.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at http://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members as a body, for our audit work, for this report, or for the opinions we have formed.

Nicholas Sladden (Senior Statutory Auditor)

For and on behalf of RSM UK Audit LLP, Statutory Auditor Chartered Accountants 25 Farringdon Street London EC4A 4AB United Kingdom

2 December 2022

UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2022

		Unrestricted	Restricted	Total	Total
		funds	funds	2022	2021
	Notes	£	£	£	£
Income from:
Donations and legacies	2	39,625		39,625	23,486
Expenditure on:
Charitable activities	3	40,256	500	40,756	25,450
Net expenditure for the year and
Net movement in funds		(631)	(500)	(1,131)	(1,964)
Ttal funds brought forward		12,710	500	13,210	15,174
Total funds carried forard		12,079		12,079	13,210

Comp#ny Regi8tr¥tion No. 10429661 UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED BALANCE SHEET AS AT 30 JUNE 2022 2022 20 Not•8 Curr•nt aM•ts Debtor Cash at bank 8ntJ ift hand 15.240 12.079 14,833 13.210 27.319 28.043 Cr•dltorn: amounts falllng du• llhkn on• yr 115.240) 114.8331 Not current as88ts 12.079 13,210 Incom• lund• Restricted funds 11 500 General fvnds Sharè caprtal 12,078 12,709 10 12.079 92,7fO 12.079 13,210 Th•s8 frn8ncHI staternents have been prepared in ¥cc4ydonc• applicabb to compani88 subJ8¢¢ to tho small companK8s' r89im8. 28 November 2022. Th& finanaal ststsm•nts were aFproNd by the Trustee¥ on......................... Moore Tru•t••

UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 30 JUNE 2022 Ae¢ounllty polici Charfty Inlornmtlon UnNerW ol IrS Fwylatsx UK Lrfnthj A a cuwny linrt•d by shares iorpora in Engnd aThJ Tho regi8t•r¢d offi¢ is Third Fbor. 20 Okd 8•iley. Lorth. EC4M 7AN The finanryal Statements have been kYepar&J In acccwdance wrth ts FOuJab0n'¥ gOnry drnent. ti awicth to Lanb•s Prnj trr turnS In aCC•)rdaneé th• Finanoal R8pthng Standard 8ppliubkn in fv UK Rep)1 of Ireland IFRS 1021" la5 amended fN aoUntrng penrth cAMnmenang frorn l January 20191 The FouThIabC * a Enbty u defirK•J ty FRS 102. Thg has taken Jnt•28 ol the the SORP (wibo• yiNd FRS 102 UpJ•t• Bulkntyn 1 not to prepar• a St8t•ment ol Ca9h Fkxb. Th• fin8n¢pl Ststerrts ¥re prep3r•J In jtsrfiry. the hJnc"wal ¢uftonGy ol the Fouftdan. Mon•t•ry arnounts in theqe financA&l ststements •r• r[mJn to ttN• neare•t £ financial siatwts haw W pr•p•r•d urthr th• hffjttyic•l cu¢ 0)nI10n. Tr• wrripal •e¢ounlthg pc4i¢i•s •J¢pt•d are lei ¢)u¢ bel The parent undert&iw. of Illuwi F(yJrthIi. has forn)aly rts ffit•nt to conbThJ• to ovwje finèr1 SUFWt FtyJnd•bts) 10 rn1 rts oblybom as tw fall d1 for th8 foresbI lulur•, aThJ for a ol at 19o$112 tr d•t• of¥pproval ofthw fina181 8tst•monts. Charttsbkn fvnd• Trust••8 ROS1•d The8e a fiJnd> Ihat can to ed lty 18strled wilhin ctyKl8 of lh• drIt4 Ine¢Th• Inc(vr reCojnL wkn FWr¥j•ty L4 leg•ty to rt after any F•rfrym•n¢o t>>¥J"0n1 ha¥• Wn th8 amounts e8n b• m•asuf•d and rt * Fyobabkn th•t Incc4M wll r•ca&•d. Exp•ndltyrn EXpeY1turn 18 r•coJnNd On ther• N •1ogal or ?81n)lIe cati to make • • third pwty. rt pffj&at4e th•t tUomontryM b• wiMr•d tr of th• t*4al can b• measur•J G0vem c¢sts ore thrm iwrred in fp)nwtityi wth th• administration of IM FtyJTh1abon aThJ Cash •nd •qulv•l•nts Cash indLth$ cash hwKI. arn no cash thwval8nts.

UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED NOTES TO THE FINANCIAL STATEMENTS (COKllNUED) FOR THE YEAR ENDED 30 JUNE 2022 Ac¢oub)tlng polkl•• IContlnu•dl Flnancl•l Intrum•nl Th• has 618ctsd to prrm of Seckn 11 'B•w¢ FInOI InstrLmwts' of FRS 102 to •ll ol its fffian¢ial Instruftty. there is ¥ gally enlwc4able ryht to S•t off ts re(nWA WKI Ilw• • wb to • n•t basis cfj to realise as8et wlY• the I.1 sinu1twIy Ta110 The FouTrJation 8 registered 18rty 8nd as such ts Inr)yne aThl 9ain8 lling wthin SeclKJn 371 to 489 01 th• Corwation Tax Act 2010 of Sec1 256 01 ihe Taxabon ol ChaTrJe8bk• Gains Act 12 and are exempt frtyn ¢>YF¢rath)n tsx to IM •xt•nt Ih•t tth w• to rts can1d8 rtJjoclN•8. 20 fvnd• Donats"this and gffts Donations in kiTr 7.037 7.037 39,625 23,4&3 For y••r •nd•d 3Q Jun• 2021 23.488 Tol*l 2022 Totsl 2021 fvnO• nd• Grant fundiThJ ofactyvits88 Iw 41 Sh•rtr of 90ManC• costs Isw not• S) 2.4 32.740 32.740 21.0 35.2x1 35.730 25.450 Forth• y•ar•nd•d JO 2021 24, 25,450 10-

UNIVERSITY OF ILLINOIS FOUNDATION UK LIMITED NOTES TO THE FINANCIAL STATEMENTS (coriNUED} FOR THE YEAR ENDED 30 JUNE 2022 Grnnts prrf•bl• 2021 Granls to in•tstui unl1SY ol Illinoi8 Fourklobon 8,016 The grant made to th8 UnNprW ol Ill¥1> w85 to sdK4•rshiF wFwrt. 01 IM £2.W12021 È4.4CQI grants m&J•. £gX$12021. £7951 TAW8 aitrArtth to r••trthd hjnds and £2,4(21rd1 £3,fA61 to unrestrKled fvnd¥ 2022 2021 9,780 Acttjuntaney 2.7 19.868 152 8onk ¢hao 32.740 21,0gJ Tru•t• Non8 01 ts trusiees lor any personj c4JnnoLbJ ith tmI Y r•mUmr> or 00fil$ tho Fwndolkn ¢Juring )w12021." ty} No trust•• trxp•n•eg irKufftyJ tJurirKJ rI2021". £nlll. 2022 Arnnts talllw on• yw. 15.240 14,833 Crndltorn: n¢wnt• hllhig llhln on• y••r 2022 2021 15.240 14,833

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