2024-05-13T10:47:14-05:00 2023-06-30 222027092 WITHUM SMITH BROWN PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2022-07-01 222678005 BRIDGEWATER STATE UNIVERSITY FOUNDATION BRID 5085312691 26 SUMMER STREET BRIDGEWATER MA 02325 DOUG SHROPSHIRE VICE PRESIDENT OF FINANCE 5085312236 2024-05-11 1 DOUG SHROPSHIRE 999009999 0 MICHAEL J COSGROVE P02127030 3392555396 2024-05-08 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DOUG SHROPSHIRE 26 SUMMER STREET BRIDGEWATER MA 02325 9697043 0 X WWW.BRIDGEW.EDU/ALUMNI/ABOUT/BSU-FOUNDATION X 1984 MA TO ASSIST BRIDGEWATER STATE UNIVERSITY IN ACHIEVING ITS GOAL OF EXCELLENCE IN ITS MAJOR FUNCTIONS OF TEACHING LEARNING AND RESEARCH IN THOSE EDUCATIONAL AREAS WHERE LITTLE OR NO STATE FUNDING IS AVAILABLE TO THE INSTITUTION. 17 17 0 18 0 0 7828415 5247653 0 0 690609 1150807 -87238 -52972 8431786 6345488 3483132 4483263 0 0 0 0 0 0 136207 614880 882013 4098012 5365276 4333774 980212 55255899 61352566 238893 242635 55017006 61109931 TO ASSIST BRIDGEWATER STATE UNIVERSITY IN ACHIEVING ITS GOAL OF EXCELLENCE IN ITS MAJOR FUNCTIONS OF TEACHING LEARNING AND RESEARCH IN THOSE EDUCATIONAL AREAS WHERE LITTLE OR NO STATE FUNDING IS AVAILABLE TO THE INSTITUTION. 0 0 1468077 1468077 EXPENSES WERE INCURRED TO AWARD STUDENT SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS OF BRIDGEWATER STATE UNIVERSITY. 3015186 3015186 GIFTS TO BRIDGEWATER STATE UNIVERSITY TO ASSIST THE UNIVERSITY IN PROMOTING AREAS OF EDUCATION AND RESEARCH WHICH DO NOT RECEIVE STATE FUNDING. 4483263 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X ELLEN OLIVER 5085312691 26 SUMMER STREET BRIDGEWATER MA 02325 X JEAN MACCORMACK CHAIR, BOARD OF TRUSTEES 0.50 X X 0 0 0 CHRISTOPHER COONEY VICE CHAIR 0.50 X X 0 0 0 DAVID RUMRILL 1ST VICE CHAIR 0.50 X X 0 0 0 JEREMY DAVID 2ND VICE CHAIR 0.50 X X 0 0 0 ANN ULETT TREASURER 0.50 X X 0 0 0 PHYLLIS KLOCK SECRETARY 0.50 X X 0 0 0 CLARE COLE CHAIR 0.50 X X 0 0 0 JOSEPH ST LAURENT CHAIR 0.50 X X 0 0 0 THOMAS MAGEE CO-CHAIR 0.50 X X 0 0 0 MALIKA CRUICKSHANK STUDENT DIRECTOR 0.50 X 0 0 0 OHENE ASARE DIRECTOR 0.50 X 0 0 0 JOHN DISANTO DIRECTOR 0.50 X 0 0 0 GEORGE GURLEY DIRECTOR 0.50 X 0 0 0 AENIS HARRIS DIRECTOR 0.50 X 0 0 0 LORI HINDLE DIRECTOR 0.50 X 0 0 0 CARRIE KULICK-CLARK DIRECTOR 0.50 X 0 0 0 WAYNE LOMBARDI DIRECTOR 0.50 X 0 0 0 COLLEEN MCINTYRE DIRECTOR 0.50 X 0 0 0 SHARON MUTRIE DIRECTOR 0.50 X 0 0 0 LOUIS RICCIARDI DIRECTOR 0.50 X 0 0 0 DANIEL SMITH DIRECTOR 0.50 X 0 0 0 DAVID MESSALINE EMERITUS DIRECTOR 0.50 X 0 0 0 ELLEN CUTTLE OLIVER CHIEF DEVELOPMENT OFFICER, ALUMNI AND DEVELOPMENT 10.00 30.00 X 0 184781 76407 ELIZABETH DUBUQUE EXECUTIVE DIRECTOR, ALUMNI AND DEVELOPMENT 10.00 30.00 X 0 111045 45917 SCOTT ENOS DIRECTOR OF OPERATIONS & LOGISTICS, ALUMNI AND DEV 10.00 30.00 X 0 106448 44016 0 402274 166340 3 0 1 0 AP WHITAKER & SONS INC 652 WEST CENTER STREET WEST BRIDGEWATER MA 02379 CONSTRUCTION CONTRACTOR 826862 WHAT ON EARTH PUBLISHING LLC 30 RIDGE ROAD UNIT B GREENBELT MD 20770 PUBLISHING COMPANY 700500 RUSSELL INVESTMENTS 1301 2ND AVENUE 18TH FLOOR SEATTLE WA 98101 INVESTMENT MANAGEMENT 227470 BLACKBAUD 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492 SOFTWARE SALES & SUPPORT 124802 4 2048 5245605 26942 5247653 68304 68304 4381086 3244051 54532 1137035 -54532 1082503 1082503 0 2048 52972 -52972 -52972 6345488 0 0 1097835 3015186 3015186 1468077 1468077 2202 2202 16470 16470 226867 226867 70504 70504 18244 10946 7298 104438 104438 198102 198102 4300 4300 73890 73890 33577 33577 EVENT EXPENSE 128909 128909 TAXES 4510 4510 5365276 4483263 745806 136207 1031975 479918 7856 325555 1429744 1664334 65853 164403 5275958 911465 3360064 4364493 48260407 54208663 1100000 145200 55255899 61352566 153786 191518 85107 51117 238893 242635 X 19486838 20362330 35530168 40747601 55017006 61109931 55255899 61352566 980212 5112713 0 X X 0 1 X 1 0 X 2282776 2241155 2813354 7856615 5247653 20441553 1322950 1508757 1256740 2088021 1285084 7461552 3605726 3749912 4070094 9944636 6532737 27903105 27903105 780011 25600 13940 20977 68304 908832 17378 17378 28829315 0.96790 0.94820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35530168 4788989 4465019 4036575 40747601 34523069 6154400 -3200235 1947066 35530168 25320926 1946064 8434338 1178259 34523069 24985146 1589767 278343 1532330 25320926 24196077 1673178 110347 994456 24985146 0.71278 0.28722 0 0 1115574 1115574 2187820 823278 1364542 1916059 31682 1884377 56505 56505 0 4364493 CORPORATE EQUITIES 52475639 F MUTUAL FUNDS 78208 F CORPORATE BONDS 1576617 F STOCKS 78199 F 54208663 ANNUITY PAYABLE 51117 51117 X 12569390 5112713 1285084 52972 6450769 6118621 226867 226867 6345488 6476465 1285084 52972 1338056 5138409 226867 226867 5365276 PART X, LINE 2: THE FOUNDATION HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX EXEMPT ENTITY UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE FOUNDATION MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES, THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES REPORTED IN EXPENSES ON FINANCIALS, BUT SCH G 52,972. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES REPORTED IN EXPENSES ON FINANCIALS, BUT SCH G 52,972. PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUND IS TO SUPPORT THE PROGRAMS OF THE FOUNDATION. 1 BRIDGEWATER STATE UNIVERSITY 131 SUMMER STREET BRIDGEWATER MA 02325 043010428 115 3013686 1500 FMV ARTWORK SUPPORT OF THE UNIVERSITY PRIMARILY THROUGH THE ANNUAL FUND AND OTHER DONOR DESIGNATIONS. 1 SCHOLARSHIPS AND FINANCIAL ASSISTANCE 904 1468077 FMV SCHEDULE I, PART I, LINE 2 : THE FOUNDATION ENSURES THAT GRANT RECIPIENTS ARE ELIGIBLE FOR GRANTS BASED ON A SET OF ESTABLISHED CRITERIA. THE SELECTION CRITERIA IS REVIEWED ON A PERIODIC BASIS. 0 0 0 0 0 0 0 0 0 ELLEN CUTTLE OLIVER CHIEF DEVELOPMENT OFFICER, ALUMNI AN 0 184781 0 0 0 0 0 0 0 76407 0 261188 0 0 ELIZABETH DUBUQUE EXECUTIVE DIRECTOR, ALUMNI AND DEVEL 0 111045 0 0 0 0 0 0 0 45917 0 156962 0 0 SCOTT ENOS DIRECTOR OF OPERATIONS & LOGISTICS, 0 106448 0 0 0 0 0 0 0 44016 0 150464 0 0 X 1 1500 FMV X 3133 FMV X 1 20059 FMV X 2 2250 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S CHIEF DEVELOPMENT OFFICER, VICE PRESIDENT OF FINANCE AND COMPTROLLER DETAIL REVIEW THE 990 PRIOR TO FILING. THE 990 IS MADE AVALIABLE TO ALL BOARD MEMBERS THROUGH A SECURE INTERNET PORTAL. ONCE APPROVED, THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS ON AN ANNUAL BASIS AT THE ANNUAL MEETING. COMPLIANCE AND ENFORCEMENT IS MONITORED AT THE ANNUAL MEETING AND MANDATED BY MASSACHUSETTS LAW. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, SECTION A, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE WHOSE PURPOSE IS THE OVERSIGHT AND REVIEW OF THE AUDITED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. BRIDGEWATER ALUMNI ASSOCIATION 26 SUMMER STREET BRIDGEWATER MA 02325 042199546 SCHOLARSHIPS AND GRANTS MA 501(C)(3) 5 N/A 0 BRIDGEWATER STATE UNIVERSITY 131 SUMMER STREET BRIDGEWATER MA 02325 043010428 HIGHER EDUCATION MA 115 N/A N/A 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 BRIDGEWATER STATE UNIVERSITY O 1285084 ESTIMATED COST PER EMPLOYEES BRIDGEWATER STATE UNIVERSITY B 3015186 GRANTS TO BSU BRIDGEWATER STATE UNIVERSITY I 1500 TRANSFER OF ARTWORK TO BSU