2024-05-14T14:28:52-04:00 2023-06-30 270422301 Millhuff Stang CPA Inc 8841 Ohio River Road Wheelersburg OH 45694 990 2022-07-01 311115810 Shawnee State University Development Foundation SHAW 940 Second Street Portsmouth OH 45662 GREG BALLENGEE SSUDF TREASURER 7403513574 2023-02-15 false GREG BALLENGEE Natalie Millhuff-Stang P00970319 7408768548 2024-05-14 0 00 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRIS MOORE 940 SECOND STREET Portsmouth OH 45662 7348232 false X givetossu.com X 1987 OH THE SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION (SSUDF) WAS CREATED AS A 501(C)(3) ORGANIZATION WITH THE MISSION OF MAKING FRIENDS AND CREATING FUNDS AND SUPPORT FOR SHAWNEE STATE UNIVERSITY. 17 15 6 40 0 0 3589176 2604495 0 1443479 731495 -69109 -34227 4963546 3301763 1309058 1472605 0 217846 307994 0 129799 203244 278521 1730148 2059120 3233398 1242643 33302283 36142014 3779786 3528561 29522497 32613453 THE SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION (SSUDF) WAS CREATED AS A 501(C)(3) ORGANIZATION WITH THE MISSION OF MAKING FRIENDS AND CREATING FUNDS AND SUPPORT FOR SHAWNEE STATE UNIVERSITY. false false 1436455 1436455 STUDENT FINANCIAL AID IN THE FORM OF ACADEMIC SCHOLARSHIPS AND AWARDS, AND NEED-BASED SCHOLARSHIPS AND LOANS PROVIDED TO STUDENTS HELPS THE INSTITUTION ATTRACT THE BEST STUDENTS AND ALLOW STUDENTS WHO MIGHT OTHERWISE NOT BE AFFORDED A COLLEGE EDUCATION TO ATTEND SHAWNEE STATE UNIVERSITY. ALL SCHOLARSHIP PAYMENTS TOTALING $250,917 WERE PAID TO SHAWNEE STATE UNIVERSITY ON BEHALF OF THE ENROLLED AWARD RECIPIENT STUDENTS FOR PARTIAL PAYMENT OF TUITION, FEES AND/OR OTHER EXPENSES DIRECTLY RELATED TO EDUCATION. THE NUMBER OF UNIQUE SCHOLARSHIP RECIPIENTS DURING FISCAL YEAR 2022 WAS 111. THE FOUNDATION PASSES THROUGH 21ST CENTURY GRANTS TO THE UNIVERSITY FOR LOCAL SCHOOL DISTRICTS. THE TOTAL OF THESE PASS THROUGH GRANTS DURING FISCAL YEAR 2023 WAS $199,122. THE FOUNDATION ALSO MADE PAYMENTS TO THE UNIVERSITY DURING FISCAL YEAR 2023 TOTALING $884,161 TO BENEFIT VARIOUS UNIVERSITY PROJECTS AND PROGRAMS. 112192 DISBURSEMENTS TO BENEFIT THE ACADEMIC PROGRAMS OF SHAWNEE STATE UNIVERSITY. 95059 36150 THE FOUNDATION SUPPORTS DEPARTMENTAL PROGRAMS, FACULTY DEVELOPMENT IN THE FORM OF RESEARCH AND WRITING SUBSIDIES, AND PROVIDES FUNDS FOR VISITING SCHOLARS AND LECTURERS WHICH ARE ALL VITAL TO THE DEVELOPMENT OF THE FACULTY AT SHAWNEE STATE UNIVERSITY. GRANT PAYMENTS TOTALING $36,150 WERE PAID TO FACULTY AND STAFF FOR DIRECT SUPPORT OF RESEARCH AND ACADEMIC PROGRAMMING. THE NUMBER OF FACULTY AND STAFF GRANT RECIPIENTS DURING FISCAL YEAR 2023 WAS 17. 1643706 true true false false false false false false true true true false false false true false true false false false false false false false true false false true true true false false false false false false false false true false false false false true false false false true 62 0 true 6 true false false false false false true true false false false false false false X 17 15 false false false false true true true true true false false true true true true true true true false false X GREG BALLENGEE 7403513574 940 SECOND STREET Portsmouth OH 45662 JEFFREY BAUER SSU PRESIDENTSSUDF BOARD MEM 1.00 0.00 X 0 288404 137143 ERIC BRAUN SSUDF VP OF ADVANCEMENT AND E 1.00 0.00 X 0 153200 53541 JONICA BURKE SSUDF BOARD TREAS left 5-26- 1.00 0.00 X 0 158891 37983 JOHN WHITAKER SSUDF BOARD MEMBER 1.00 0.00 X 0 119026 54950 CHRIS MOORE SSUDF EXECUTIVE DIRECTOR 40.00 0.00 X 0 80365 35862 AARON ADAMS SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 TROY GREGORY SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID FURBEE SSUDF BOARD MEMBER SSU BOT C 1.00 0.00 X 0 0 0 TARRAH BOUTS SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 JENNIFER AIKMAN SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 DAVE TODT SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 KEN APPLEGATE SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 ED DANIELS SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 FRANK WALLER SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 DONNA LYON SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 DEBRA ESHAM SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 GREG BALLENGEE SSUDF TREASURER 1.00 0.00 X X 0 0 0 CHRIS BROWN SSUDF BOARD FIA CHAIR 1.00 0.00 X X 0 0 0 MATT WISECUP SSUDF BOARD SGP CHAIR 1.00 0.00 X X 0 0 0 LLOYD MARTIN SSUDF BOARD SECRETARY 1.00 0.00 X X 0 0 0 TOM COVERT SSUDF PRESIDENT 1.00 0.00 X X 0 0 0 LISA JOHNSON SSUDF BOARD VICE PRESIDENT 1.00 0.00 X X 0 0 0 0 799886 319479 0 true true false 51414 1069269 1483812 27681 2604495 489310 489310 407381 467229 -59848 -59848 -59848 3798958 3556773 242185 242185 242185 19218 51414 22467 -3249 -3249 Miscellaneous Revenue 900099 28870 28870 28870 3301763 28870 0 668398 1083283 1083283 389322 389322 221651 81593 47399 92659 31031 11423 6636 12972 48906 16817 10592 21497 6406 2359 1376 2671 50775 50775 71622 71622 9022 9022 4260 4260 54376 54376 OTHER EXPENSES 88466 49887 38579 2059120 1643706 285615 129799 1461089 2005258 586978 1394709 14579055 2087209 11834368 12491846 18325793 19813063 1094055 437138 33302283 36142014 42770 251092 196147 6137 4101 4101 3145291 2941552 391477 325679 3779786 3528561 X 7966837 9051326 21555660 23562127 29522497 32613453 33302283 36142014 X 1242643 1422360 425953 X true X true X true false X 1249255 1055757 1316528 3589176 2604495 9815211 1249255 1055757 1316528 3589176 2604495 9815211 86404 9728807 792839 821431 660031 878603 896691 4049595 18580 4402 5700 15386 19218 63286 13928092 0.69850 0.67580 X Other income Part II line 10 or Part III line 12 Description (a)2018 (b)2019 (c)2020 (d)2021 (e)2022Fundraising revenue 18,580 4,402 5,700 15,386 19,218Other income 0 0 0 0 0Total 18,580 4,402 5,700 15,386 19,218 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 16512440 276418 1775903 789810 17774951 19477385 208371 -2484871 688445 16512440 16274108 119356 3951412 867491 19477385 16599561 194409 295149 815011 16274108 16246769 190502 941689 779399 16599561 0.08110 0.64600 0.27290 false false 2011200 2011200 12370654 2028250 10342404 81202 41607 39595 115999 17352 98647 12491846 Charitable Gift Annuities 325179 Other payable 500 325679 5568150 1422360 489696 1912056 3656094 71622 -425953 -354331 3301763 2477194 489696 489696 1987498 71622 71622 2059120 Escrow account liability (Part IV, line 2b) The Development Foundation is holding and disbursing funds on behalf of the Regional Science Bowl. Endowment funds intended uses (Part V, line 4) THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE FOUNDATION HAS A POLICY OF ONLY SPENDING THE EARNINGS, INCLUDING APPRECIATION, OF THE ENDOWMENT FUND. THIS IS CONSISTENT WITH THE FOUNDATIONS OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. Other revenues not included on Form 990 (Part XI, line 2d) RENTAL EXPENSES $ 467,229FUNDRAISING EXPENSES 22,467TOTAL $ 489,696 Other revenues included on Form 990 (Part XI, line 4b) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS ($425,953) Other expenses not included on Form 990 (Part XII, line 2d) RENTAL EXPENSES $ 467,229FUNDRAISING EXPENSES 22,467TOTAL $ 489,696 Pres Gala 55930 40270 15660 10914 Casino Night 13302 10163 3139 11285 69232 50433 18799 22199 22199 -3400 true SHAWNEE STATE UNIVERSITY 940 SECOND STREET Portsmouth OH 45662 310864917 GOVT ORG 36150 SEE STATEMENT SHAWNEE STATE UNIVERSITY 940 SECOND STREET Portsmouth OH 45662 310864917 GOVT ORG 906920 SEE STATEMENT SHAWNEE STATE UNIVERSITY 940 SECOND STREET Portsmouth OH 45662 310864917 GOVT ORG 199122 SEE STATEMENT SCHOLARSHIPS AND OTHER STUDENT AID 171 369286 Monitoring procedures (Part I, line 2) GRANT RECIPIENTS ARE REQUIRED TO PROVIDE A FINAL REPORT TO THE GRANTING ORGANIZATION DETAILING THE USE OF ALL GRANT FUNDS. Additional Information for Schedule I SHAWNEE STATE UNIVERSITY:FACULTY AND STAFF PROGRAM GRANTSSHAWNEE STATE UNIVERSITY:INSTITUTIONAL SUPPORT X false true X false false false false false false false false false ERIC BRAUN SSUDF VP OF ADVANCEMENT AND EXTERN 140549 12651 37039 16502 206741 JEFFREY BAUER Dr SSU PRESIDENTSSUDF BOARD MEMBER 268972 19432 70568 66575 425547 JOHN WHITAKER Dr SSUDF BOARD MEMBER 119026 33750 21200 173976 JONICA BURKE SSUDF BOARD TREAS left 5-26-23 148175 10716 37983 196874 No written policy information (Part I, line 1b) THE YEARLY DISCRETIONARY ALLOWANCE PROVIDED BY THE FOUNDATION TO THE UNIVERSITY PRESIDENT IS APPROVED BY THE FOUNDATIONS BOARD ON AN ANNUAL BASIS. Related organization compensation method (Part I, line 3) THE RELATED ORGANIZATION USES A PROCESS FOR DETERMINING COMPENSATION OF THE DEVELOPMENT FOUNDATION EXECUTIVE DIRECTOR WHICH INCLUDES PERIODIC CONSULTATION WITH INDEPENDENT COMPENSATION ADVISORS; COMPARISON OF SALARIES WITH COMPARABLE MARKETS; REVIEW AND APPROVAL BY THE GOVERNING BODIES; WRITTEN EMPLOYMENT CONTRACTS WITH THE RELATED ORGANIZATION; AND CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE ESTABLISHMENT OF COMPENSATION. THE REVIEW PROCESS WAS CONDUCTED IN FY 2023. Unrelated organization compensation (Part II - officer info) NONTAXABLE BENEFITS INCLUDE THE ESTIMATED RENTAL VALUE OF HOUSING PROVIDED BY THE UNIVERSITY TO THE PRESIDENT PURSUANT TO IRC SECTION 119. PER CONTRACT, THE PRESIDENT IS REQUIRED TO LIVE IN THIS RESIDENCE. IN ADDITION, THE AMOUNT REPORTED ALSO INCLUDES NONTAXABLE HEALTH INSURANCE, LIFE, DISABILITY, OR LONG-TERM CARE INSURANCE, AND CAFETERIA PLANS. X 7740 FMV X 1 5519 FMV X EQUIPMENT 1 11284 FMV X LIFE INSURANCE 3 3138 COST false true false General Explanation Attachment Securities - publicly traded: Number of ContributionsOther: Number of Contributions Members or stockholder classes and rights Part VI line 6 THE SOLE MEMBER OF THE FOUNDATION SHALL BE THE BOARD OF TRUSTEES OF SHAWNEE STATE UNIVERSITY. Member election for additional members Part VI line 7a PURSUANT TO THE CODE OF REGULATIONS, THE PRESIDENT OF SHAWNEE STATE UNIVERSITY AND THE CHAIR OF THE UNIVERSITY BOARD OF TRUSTEES SHALL BE MEMBERS OF THE DEVELOPMENT FOUNDATION BOARD SO LONG AS THEY OCCUPY THEIR OFFICES. ADDITIONALLY, THE UNIVERSITY BOARD OF TRUSTEES SHALL APPOINT ONE OF ITS MEMBERS TO THE FOUNDATION BOARD.SEVENTEEN ADDITIONAL MEMBERS SHALL BE FROM THE COMMUNITY-AT-LARGE, WITH PREFERENCE GIVEN TO ALUMNI, DONORS AND FRIENDS WHO HAVE A STRONG AFFINITY TO THE UNIVERSITY. MEMBERS SHALL BE RECOMMENDED BY THE DEVELOPMENT FOUNDATION BOARD AND CONFIRMED BY THE UNIVERSITY BOARD OF TRUSTEES. THE UNIVERSITY BOARD OF TRUSTEES MAY ALSO DIRECTLY APPOINT MEMBERS TO THE DEVELOPMENT FOUNDATION BOARD. THE DEVELOPMENT FOUNDATION HAS THREE NON-ELECTED OFFICERS. THE TREASURER SHALL BE THE UNIVERSITY VICE PRESIDENT FOR FINANCE & ADMINISTRATION. THE SECRETARY SHALL BE APPOINTED BY THE DEVELOPMENT FOUNDATION BOARD CHAIR. THE EXECUTIVE DIRECTOR SHALL BE HIRED BY THE UNIVERSITY UPON RECOMMENDATION BY THE DEVELOPMENT FOUNDATION BOARD. THESE THREE OFFICERS ARE NOT VOTING MEMBERS OF THE BOARD, UNLESS EXPLICITLY APPOINTED AS SUCH. Governing body decisions Part VI line 7b OPERATING PROCEDURES OF THE SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION ARE CONTAINED IN THE STATEMENT OF OPERATIONS AND THE GUIDELINES FOR FUNDING. THESE POLICIES WILL BE DEVELOPED BY THE UNIVERSITY ADMINISTRATION FOR APPROVAL BY THE BOARD OF TRUSTEES OF SHAWNEE STATE UNIVERSITY AND CAN BE AMENDED, AS WELL, BY THAT PROCESS. Form 990 governing body review Part VI line 11 ALL 990 INFORMATION HAS BEEN SHARED WITH THE GOVERNING BODY. THE BOARD IS ABLE TO ASK QUESTIONS AND COMMENT ON THE RETURN BEFORE ITS FILING. Conflict of interest policy compliance Part VI line 12c THE CONFLICT OF INTEREST POLICY APPLIES TO EACH MEMBER OF THE BOARD OF TRUSTEES AND TO ALL OFFICERS OF THE SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION. IT IS INTENDED TO SERVE AS GUIDANCE FOR ALL PERSONS EMPLOYED BY THE SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION IN POSITIONS OF SIGNIFICANT RESPONSIBILITY FOR THE ACTIVITIES OF THE FOUNDATION. MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, AND EMPLOYEES OF THE FOUNDATION SERVE THE PUBLIC TRUST AND HAVE A CLEAR OBLIGATION TO FULFILL THEIR RESPONSIBILITIES IN A MANNER CONSISTENT WITH THAT SERVICE. ALL DECISIONS OF THE BOARD AND OFFICERS ARE TO BE MADE SOLELY ON THE BASIS OF A DESIRE TO PROMOTE THE BEST INTEREST OF THE FOUNDATION AND SHAWNEE STATE UNIVERSITY. THE INTEGRITY OF THE FOUNDATION AND SHAWNEE STATE UNIVERSITY MUST BE PROTECTED AND ADVANCED AT ALL TIMES. DEVELOPMENT FOUNDATION MEMBERS AND EMPLOYEES INEVITABLY ARE INVOLVED IN THE AFFAIRS OF OTHER INSTITUTIONS AND ORGANIZATIONS. EACH DIRECTOR, OFFICER, AND EMPLOYEE IS RESPONSIBLE FOR ENSURING THAT THE BOARD IS MADE AWARE OF SITUATIONS THAT INVOLVE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS THAT MAY BE A CONFLICT OF INTEREST OR CREATE AN APPEARANCE OF A CONFLICT FOR THE FOUNDATION OR SHAWNEE STATE UNIVERSITY. THUS, THE BOARD REQUIRES EACH TRUSTEE AND OFFICER ANNUALLY (1) TO REVIEW THIS POLICY; (2) TO DISCLOSE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS THAT REASONABLE COULD GIVE RISE TO A CONFLICT OF INTEREST INVOLVING THE FOUNDATION OR SHAWNEE STATE UNIVERSITY; AND (3) TO ACKNOWLEDGE BY HIS OR HER SIGNATURE THAT HE OR SHE IS IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THIS POLICY. ALL TRUSTEES AND OFFICERS SHOULD DISCLOSE ONLY THOSE SUBSTANTIVE RELATIONSHIPS THAT THEY MAINTAIN (OR MEMBERS OF THEIR FAMILY MAINTAIN) WITH ORGANIZATIONS THAT DO BUSINESS WITH THE UNIVERSITY, SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION, OR ANY RELATED OR AFFILIATED ORGANIZATION, OR WHICH OTHERWISE COULD BE CONSTRUED TO AFFECT POTENTIALLY THEIR INDEPENDENT, UN-BIASED JUDGMENT IN LIGHT OF THEIR DECISION-MAKING AUTHORITY OR RESPONSIBILITY. ANY UNCERTAINITES AS TO THE APPROPRIATENESS OF LISTING A PARTICULAR RELATIONSHIP MAY BE RESOLVED BY CONSULTATION WITH THE CHAIR OF THE FOUNDATION, WHO IN TURN MAY CONSULT WITH SHAWNEE STATE UNIVERSITY GENERAL COUNSEL, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, OR THE CHAIRMAN OF THE BOARD OF TRUSTEES IN EXECUTIVE SESSION. CEO executive director top management comp Part VI line 15a THE RELATED ORGANIZATION USES A PROCESS FOR DETERMINING COMPENSATION OF THE DEVELOPMENT FOUNDATION EXECUTIVE DIRECTOR WHICH INCLUDES PERIODIC CONSULTATION WITH INDEPENDENT COMPENSATION ADVISORS; COMPARISON OF SALARIES WITH COMPARABLE MARKETS; REVIEW AND APPROVAL BY THE GOVERNING BODIES; WRITTEN EMPLOYMENT CONTRACTW WITH THE RELATED ORGANIZATION; AND CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE ESTABLISHMENT OF COMPENSATION. THE REVIEW PROCESS WAS CONDUCTED IN FY 2023. Other officer or key employee compensation Part VI line 15b THE EXECUTIVE DIRECTOR/TOP MANAGEMENT OFFICIAL IS THE ONLY OFFICER OF THE ORGANIZATION. AS SUCH, THIS QUESTION HAS BEEN ANSWERED NO IN ACCORDANCE WITH THE FILING INSTRUCTIONS TO THE FORM 990. Governing documents etc available to public Part VI line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST. Explanation of other changes in net assets or fund balances Part XI line 9 (a) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - (b)425,853 General explanation attachment Part V, LINE 2ACOMMON PAYMASTER:EMPLOYEES ARE PAID BY SHAWNEE STATE UNIVERSITY (SSU) EIN 31-0864917, A RELATED ORGANIZATION OF SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION (SSUDF). SSUDF REIMBURSED SSU $341,115 FOR SALARIES AND BENEFITS OF 6 INDIVIDUALS FOR FISCAL YEAR 2023. THE UNIVERSITY FILES ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS ON BEHALF OF THE ORGANIZATION.THE TOTAL NUMBER OF EMPLOYEES REPORTED ON FORM W-3 AND FILED BY THE RELATED ORGANIZATION, SSU, FOR THE CALENDAR YEAR 2022 WAS 1,222, OF WHICH 6 ARE EMPLOYEES OF SSUDF. SHAWNEE STATE UNIVERSITY 940 SECOND STREET Portsmouth OH 45662 310864917 HIGHER EDUCATION OH 501 C1 N/A false CHARITABLE REMAINDER TRUSTS 940 SECOND STREET Portsmouth OH 45662 INVESTMENTS OH N/A Trust false true false false false false false false false true false true true true true true false false false