2024-11-06T13:44:41+00:00 2023-12-31 440160260 Forvis Mazars LLP 1248 O Street Ste 1040 Lincoln NE 685081461 990 2023-01-01 470495359 Peru State College Foundation PERU 4028722342 PO BOX 10 PERU NE 68421 JEFF SMITH TREASURER 2024-11-06 true Kristin Tynon P01063388 4024737600 2024-11-06 2023 2024-10-15 13:58:12Z JEFF SMITH PO BOX 10 PERU NE 68421 8354896 false X WWW.PERU.EDU/FOUNDATION X 1955 NE THE MISSION OF THE PERU STATE COLLEGE FOUNDATION IS TO PROVIDE ASSISTANCE AND SUPPORT FOR PERU STATE COLLEGE, A FOUR-YEAR LIBERAL ARTS INSTITUTION. 10 10 0 10 0 0 1061300 2304316 0 268260 712615 27196 20820 1356756 3037751 644790 873271 0 243265 232484 0 117301 419093 273957 1307148 1379712 49608 1658039 18421691 22284093 103470 170803 18318221 22113290 THE MISSION OF THE PERU STATE COLLEGE FOUNDATION IS TO PROVIDE ASSISTANCE AND SUPPORT FOR PERU STATE COLLEGE, A FOUR-YEAR LIBERAL ARTS INSTITUTION, ESTABLISHED IN 1867 AS NEBRASKA'S FIRST PUBLIC INSTITUTION OF HIGHER EDUCATION. WITH MORE THAN 24,000 ALUMNI AND FRIENDS AND MORE THAN TWENTY MILLION IN NET ASSETS, THE PSC FOUNDATION ASSISTS THE COLLEGE IN ACHIEVING ITS MISSION OF PROVIDING QUALITY EDUCATION, PROGRAMS AND SERVICES. false false 656361 656361 PROVIDE SCHOLARSHIPS TO QUALIFYING PERU STATE COLLEGE STUDENTS. 216910 216910 PROVIDE PERU STATE COLLEGE EDUCATIONAL AND ADMINISTRATIVE DEPARTMENTS WITH GRANTS FOR EQUIPMENT AND OPERATING PURPOSES. 873271 true true false false false false false false true true true false false false false true true false false false false false false true false false true false false false false false false false false false false true false false false false true false false false true 1 0 0 false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false X X JEFF SMITH 4025257149 600 HOYT STREET PERU NE 68421 AL URWIN SECRETARY 1.0 X X 0 0 0 ELTON EDMOND VICE CHAIR 1.0 X X 0 0 0 JEFF GREENWALD CHAIR 1.0 X X 0 0 0 JEFF SMITH CO-TREASURER 1.0 X X 0 0 0 ROBIN SMITH CO-TREASURER 1.0 X X 0 0 0 CINDY HOFFMAN DIRECTOR 1.0 X 0 0 0 CONNIE EDMOND DIRECTOR 1.0 X 0 0 0 FRITZ STEHLIK DIRECTOR 1.0 X 0 0 0 IVAN WINEGLASS DIRECTOR 1.0 X 0 0 0 JULIE BAUMAN DIRECTOR 1.0 X 0 0 0 LORI SEIBEL DIRECTOR 1.0 X 0 0 0 MIKE GERDES DIRECTOR 1.0 X 0 0 0 TIM HOFFMAN DIRECTOR 1.0 X 0 0 0 TED L HARSHBARGER EXECUTIVE DIRECTOR 40.0 X 0 76281 10721 0 76281 10721 0 false false false 0 2304316 1132741 2304316 0 0 0 0 0 356640 356640 0 0 5662820 5306845 355975 0 355975 355975 14771 10300 4471 4471 MISCELLANEOUS INCOME 900999 16349 16349 0 0 0 0 16349 3037751 16349 0 717086 873271 873271 87002 87002 145482 145482 30000 30000 0 0 0 0 90583 77116 13467 51618 22246 29372 5883 5883 828 828 20580 20580 SPECIAL EVENTS 43197 43197 PRINTING & PUBLICATIONS 27266 27266 DONOR RELATIONS 3171 3171 PROPERTY TAX 831 831 0 0 0 0 1379712 873271 389140 117301 1023209 1215240 20410 14290 8221 5613 0 0 0 314629 82235 249948 232394 17119903 20816556 0 0 0 18421691 22284093 87253 163854 0 16217 6949 0 0 103470 170803 X 120804 191212 18197417 21922078 18318221 22113290 18421691 22284093 1658039 2137030 0 X false true X true false X X 1 PERU STATE COLLEGE 611573095 6 true 883571 0 1 883571 0 true false false false false false false false false false false false false false false true false false X Schedule A, Part IV, Section D, Line 2 Officers Appointed Or Serving Supported Org. THE FOUNDATION OFFICES ARE LOCATED ON THE SUPPORTED ORGANIZATION'S CAMPUS AND THE FOUNDATION ACTS AS THE ALUMNI RELATIONS ARM OF THE INSTITUTION. THE FOUNDATION CEO IS ON THE COLLEGE PRESIDENT'S CABINET AND THE PRESIDENT IN TURN, ATTENDS ALL FOUNDATION BOARD MEETINGS. THIS MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP BETWEEN ORGANIZATIONS. Schedule A, Part IV, Section E, Line 1c The Organization Supported A Government Entity Explanation PERU STATE COLLEGE FOUNDATION WAS ORGANIZED IN JUNE 1955 AND INCORPORATED AS A NONPROFIT ORGANIZATION FOR EDUCATIONAL AND CHARITABLE PURPOSES IN MAY 1962. IT IS A SELF-SUPPORTING AND INDEPENDENTLY GOVERNED CORPORATION ESTABLISHED SOLELY FOR THE BENEFIT OF PERU STATE COLLEGE AND ITS STUDENTS, FACULTY, AND PROGRAMS. THE FOUNDATION PROVIDES SCHOLARSHIPS TO COLLEGE STUDENTS, MONETARY SUPPORT TO ACADEMIC DEPARTMENS AND COLLEGE ADMINISTRATIVE DEPARTMENTS, AS REQUESTED BY THE COLLEGE AND APPROVED BY THE FOUNDATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18197417 2258003 2795637 871849 457130 21922078 21619552 1094581 -3376689 826780 313247 18197417 19653278 841338 1918326 520917 272473 21619552 17570449 477076 2099372 279762 213857 19653278 13603771 2063843 2278833 198383 177615 17570449 0.4926 0.5074 false false 91926 91926 179328 59327 120001 43375 22908 20467 232394 INVESTMENTS 20816556 F 20816556 5185081 2693891 10300 2704191 2480890 0 0 2480890 1390012 10300 10300 1379712 0 0 1379712 Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUND EARNINGS ARE AVAILABLE FOR SCHOLARSHIPS FOR QUALIFYING STUDENTS OF THE COLLEGE AS WELL AS OTHER SPECIFIED PURPOSES FOR THE VARIOUS DEPARTMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 SPECIAL EVENT EXPENSES NETTED WITH REVENUE ON TAX RETURN - 10300 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 SPECIAL EVENT EXPENSES NETTED WITH REVENUE ON TAX RETURN - 10300 GOLF OUTING 14771 14771 2873 5140 1573 714 0 0 14771 14771 2873 5140 1573 714 10300 4471 true PERU STATE COLLEGE 600 HOYT STREET PERU NE 68421 611573095 873271 BOOK SCHOLARSHIPS TO PERU STATE COLLEGE STUDENTS AND SUPPORT FOR ACADEMIC DEPARTMENTS AT THE UNIVERSITY. X 2 1132741 Market value false false false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE DRAFT OF THE FORM 990 IS DISTRIBUTED VIA EMAIL TO THE BOARD OF DIRECTORS FOR REVIEW, COMMENT AND APPROVAL. ONCE ALL CHANGES, IF ANY, ARE MADE AND APPROVED BY THE BOARD, THE FORM 990 IS FILED. Form 990, Part VI, Line 12c Conflict of interest policy NEW BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN THAT THEY HAVE READ AND UNDERSTAND THE POLICY. IF A CONFLICT ARISES THE PERSON WITH THE CONFLICT OF INTEREST IS REQUIRED TO SELF-REPORT TO THE BOARD THE FACTS THAT ARE MATERIAL TO THE CONFLICT. SUCH DISCLOSURE IS REFLECTED IN THE MINUTES OF THE MEETING. THE BOARD WILL DISCUSS AND VOTE WITHOUT THAT PERSON PRESENT AT THE MEETING. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF DIRECTORS EVALUATES THE POSITION OF EXECUTIVE DIRECTOR AND REVIEWS COMPARABLE POSITIONS WITH COMPARABLE ORGANIZATIONS BEFORE APPROVAL OF COMPENSATION. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE BOARD OF DIRECTORS EVALUATES COMPENSATION FOR OTHER KEY EMPLOYEES AND REVIEWS COMPARABLE POSITIONS WITH COMPARABLE ORGANIZATIONS BEFORE APPROVAL OF COMPENSATION. Form 990, Part VI, Line 19 Required documents available to the public THE FOUNDATION'S GOVERNING DOCUMENTS, TAX RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PERU STATE COLLEGE 600 HOYT STREET PERU NE 68421 611573095 HIGHER ED NE 501(c)(3) 6 NA false false true false false false false false false false false false false false false true false false false false