2025-05-15T15:31:15-04:00 2024-06-30 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2023-07-01 222678005 Bridgewater State University Foundation % ELLEN OLIVER BRID 5085312691 26 Summer Street Bridgewater MA 02325 DOUG SHROPSHIRE VP OF FINANCE 5085312236 2025-05-15 true true RICHARD RUVELSON P00234075 3012726000 2023 2025-03-06 01:10:19Z DOUG SHROPSHIRE 26 Summer Street Bridgewater MA 02325 16580180 false X www.bridgew.edu/alumni/about/bsu-foundation X 1984 MA SEE SCHEDULE O. 16 16 0 17 0 0 5247653 7906106 0 0 1150807 2478623 -52972 -52201 6345488 10332528 4483263 4914436 0 0 0 0 0 0 241648 882013 1399605 5365276 6314041 980212 4018487 61352566 70342148 242635 652586 61109931 69689562 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. false false 1747167 1747167 Expenses were incurred to award student scholarships and financial assistance to students of Bridgewater State University. 3167269 3167269 Gifts to Bridgewater State University to assist the University in promoting areas of education and research which do not receive state funding. 4914436 true true false false false false false false false true true true false false true true true true false false false false false false false false false true true true false false false false false false false false true true false false false true false true false true 13 0 true 0 false false false false false false false false false false false false X 16 16 false false false false false false false true true false false true true true true true true false false false MA X X ELLEN OLIVER 5085312691 26 SUMMER STREET BRIDGEWATER MA 02325 X ELLEN CUTTLE OLIVER EXEC. DIR./CHIEF DEV. OFC. A&D 10.0 30.0 X 0 181765 75651 ELIZABETH DUBUQUE EXEC. DIRECTOR, ALUMNI AND DEV 10.0 30.0 X 0 115976 48269 SCOTT ENOS Dir. of Ops & Logistics, A&D 10.0 30.0 X 0 103496 43075 David Rumrill Board Chairperson 0.5 0.0 X X 0 0 0 Phyllis Klock 1st Vice Chairperson 0.5 0.0 X X 0 0 0 Thomas Magee 2nd Vice Chairperson 0.5 0.0 X X 0 0 0 Sharon Mutrie Secretary 0.5 0.0 X X 0 0 0 Ann Ulett Treasurer 0.5 0.0 X X 0 0 0 Joseph St Laurent Past President 0.5 0.0 X X 0 0 0 Ohene Asare Director 0.5 0.0 X 0 0 0 Christopher Cooney Director 0.5 0.0 X 0 0 0 John DiSanto Director 0.5 0.0 X 0 0 0 George Gurley Director 0.5 0.0 X 0 0 0 Aenis Harris Director 0.5 0.0 X 0 0 0 Lori Hindle Director 0.5 0.0 X 0 0 0 Wayne Lombardi Director 0.5 0.0 X 0 0 0 Louis Ricciardi Director 0.5 0.0 X 0 0 0 Daniel Smith Director 0.5 0.0 X 0 0 0 Jack Badavas DIRECTOR 0.5 0.0 X 0 0 0 0 401237 166995 0 false true false Russell Investments 1301 2nd Avenue 18th Floor SEATTLE WA 98101 Investment Mgmt 328286 What on Earth Publishing LLC 30 RIDGE ROAD UNIT B GREENBELT MD 20770 Publishing Company 155000 PA Narsasian Landscaping Inc 356 Turnpike St SOUTH EASTON MA 02375 Landscaping 107949 3 1900 7904206 303355 7906106 0 101343 101343 0 0 0 0 0 8572731 6195451 2377280 2377280 2377280 0 1900 52201 -52201 -52201 0 0 0 0 0 0 0 10332528 0 2426422 3167269 3167269 1747167 1747167 0 0 0 0 0 0 0 0 1485 1485 0 16986 16986 0 0 327866 327866 86949 86949 0 32652 19591 13061 112742 112742 0 287750 287750 37634 37634 0 44500 44500 0 0 175120 175120 41184 41184 EVENT EXPENSES 228587 228587 TAXES 6150 6150 6314041 4914436 1157957 241648 479918 994659 325555 47756 1664334 885785 0 0 0 0 0 0 0 0 0 0 164403 61266 6199879 1086585 4364493 5113294 0 0 54208663 63239388 0 0 0 0 145200 0 61352566 70342148 191518 212622 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51117 439964 242635 652586 X 20362330 20231974 40747601 49457588 61109931 69689562 61352566 70342148 4018487 4561144 X X false true X true false X 2241155 2813354 7856615 5247653 7906106 26064883 0 1508757 1256740 2088021 1285084 1639097 7777699 3749912 4070094 9944636 6532737 9545203 33842582 7554865 26287717 25600 13940 20977 68304 101343 230164 0 0 34072746 0.77152 0.96790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40747601 7562143 5118487 3970643 49457588 35530168 4788989 4465019 4036575 40747601 34523069 6154400 -3200235 1947066 35530168 25320926 1946064 8434338 1178259 34523069 24985146 1589767 278343 1532330 25320926 0.70670 0.29330 false false 1338351 1338351 2694012 886410 1807602 1996073 143670 1852403 56505 56505 0 114938 114938 5113294 EQUITY MUTUAL FUNDS 44243954 F FIXED INCOME BOND MUTUAL FUNDS 15729782 F REAL ASSET MUTUAL FUNDS 1910529 F PRIVATE EQUITY 1353674 F MUTUAL FUNDS 1449 F 63239388 0 DUE TO AFFILIATE 390008 ANNUITY PAYABLE 49956 439964 X 16257104 4561144 1639097 52201 6252442 10004662 327866 327866 10332528 7677473 1639097 52201 1691298 5986175 327866 327866 6314041 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 of America 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 and XII, line 2d: FUNDRAISING DIRECT EXPENSES - $52,201. PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUND IS TO SUPPORT THE PROGRAMS OF THE FOUNDATION. true Bridgewater State University 131 Summer Street Bridgewater MA 02325 043010428 115 3018569 148700 FMV ARTWORK support of the university 1 SCHOLARSHIPS and financial assistance 926 1747167 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. false false false false false false false false false ELLEN CUTTLE OLIVER EXEC. DIR./CHIEF DEV. OFC. A&D 0 181765 0 0 0 0 0 30337 0 45314 0 257416 0 0 ELIZABETH DUBUQUE EXEC. DIRECTOR, ALUMNI AND DEV 0 115976 0 0 0 0 0 19356 0 28913 0 164245 0 0 X 5 148700 FMV X 2 150155 FMV X piano 1 4500 FMV false true false FORM 990, PART I, LINE 1: 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. FORM 990, PART VI, SECTION B, LINE 11B: THE FOUNDATION'S EXECUTIVE DIRECTOR/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, 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 SCH. & grants MA 501(C)(3) 5 NA false BRIDGEWATER STATE UNIVERSITY 131 summer street BRIDGEWATER MA 02325 043010428 HIGHER EDUC. MA 115 N/A NA false false true true false false false false false true false false false true true true false false false false bridgewater state UNIVERSITY o 1639097 est cst per emp BRIDgewater state UNIVERSITY b 3167269 GRANTS TO BSU BRIDGEWATER STATE UNIVERSITY I 148700 TRANSFER OF ART