BOWIE STATE UNIVERSITY FOUNDATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- BOWIE STATE UNIVERSITY FOUNDATION (EIN 52-0952758)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-01-31
- IRS object ID
- 202300319349300240
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-01-31T15:11:12-06:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 520959934 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLIN & TUCKER CHARTERED | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 EAST PRATT ST SUITE 200 | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520952758 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOWIE STATE UNIVERSITY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BOWI | BusinessNameControlTxt |
| Phone | 3018604308 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14000 JERICHO PARK ROAD | AddressLine1Txt |
| City | BOWIE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20715 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRENT SWINTON | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 3018604308 | PhoneNum |
| Signature | 2023-01-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRENT | PersonFirstNm |
| Person Last | SWINTON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SUSAN KELLER | PreparerPersonNm |
| PTIN | P00245169 | PTIN |
| Phone | 4107275735 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRENT SWINTON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14000 JERICHO PARK ROAD | AddressLine1Txt |
| City | BOWIE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20715 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,582,608 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BOWIESTATE.EDU/ABOUT/BSU-FOUNDATION/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | TO FACILITATE FUNDRAISING AND STEWARDSHIP EFFORTS OF BOWIE STATE UNIVERSITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 18 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $28,850,392 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,970,595 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $566,904 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,323,543 | CYInvestmentIncomeAmt |
| PY Other Revenue | $211,624 | PYOtherRevenueAmt |
| CY Other Revenue | $283,759 | CYOtherRevenueAmt |
| PY Total Revenue | $29,628,920 | PYTotalRevenueAmt |
| CY Total Revenue | $9,577,897 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $635,468 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,381,279 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $73,000 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $108,420 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $101,991 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $540,499 | PYOtherExpensesAmt |
| CY Other Expenses | $1,329,459 | CYOtherExpensesAmt |
| PY Total Expenses | $1,248,967 | PYTotalExpensesAmt |
| CY Total Expenses | $2,819,158 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $28,379,953 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,758,739 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $41,507,328 | TotalAssetsBOYAmt |
| Total Assets EOY | $45,853,234 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $759,306 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,099,722 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $40,748,022 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $44,753,512 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO FACILITATE FUND-RAISING EFFORTS THAT SEEK CONTRIBUTIONS FROM PRIVATE SOURCES, IN SUPPORT OF ACTIVITES AND THE MISSION OF BOWIE STATE UNIVERSITY. BSUF ASSUMES OVERSIGHT OF GIFT ADMINSTRATION FOR CONTRIBUTIONS TO THE BOWIE STATE UNVERSITY INCLUDING GIFT ACCEPTANCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $953,945 | ExpenseAmt |
| Grant | $953,945 | GrantAmt |
| Desc | EXPENSES REFLECT GRANTS TO BOWIE STATE UNIVERSITY FOR SCHOLARSHIPS AWARDED TO STUDENTS IN SUPPORT OF EFFORTS TO ADDRESS RETENTION NEEDS, IMPROVE THE GRADUATION RATE, AND BRIDGE GAP FUNDING AND ENHANCE RECRUITMENT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,034,155 | ExpenseAmt |
| Grant | $427,334 | GrantAmt |
| Desc | EXPENDITURES/TRANSACTIONS REFLECT SUPPORT FOR BOWIE STATE UNIVERSITY PROGRAMS AND STUDENT EXPERIENCES, AS WELL AS TRANSACTIONS FOR CAMPUS OPERATIONS, INFRASTRUCTURE AND COMPLAINCE CONCERNS | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,988,100 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 47 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAPHNE DESHIELDS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3018604308 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14000 JERICHO PARK ROAD | AddressLine1Txt |
| City | BOWIE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20715 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| GORDON SAMPSON | ||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ALFONZO POWELL | ||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAMES SELVAGGI | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RON BUSBY | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DR AMINTA BREAUX | ||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ANTHONY SAVIA | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHARLES EXUM | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JIM SIMPSON | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LOUIS WILLIAMS | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LAVERNE GRAY | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DIVESH GUPTA | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM STEEN | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DARREN SWAIN | ||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRENT SWINTON | ||||||
| EXECUTIVE DIRECTOR | 3.00 | Yes (X) | $12,216 | $0 | $1,196 | |
| DAPHNE DE SHIELDS | ||||||
| CHIEF FINANCIAL OFFICER | 20.00 | Yes (X) | $46,484 | $0 | $7,551 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $58,700 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $8,747 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $33,172 | FundraisingAmt |
| Government Grants | $500,000 | GovernmentGrantsAmt |
| All Other Contributions | $5,437,423 | AllOtherContributionsAmt |
| Total Contributions | $5,970,595 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $625,304 | TotalRevenueColumnAmt |
| Exclusion | $625,304 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,680,452 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $982,213 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,698,239 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,698,239 | TotalRevenueColumnAmt |
| Exclusion | $2,698,239 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $9,749 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $33,172 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $22,498 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,749 | TotalRevenueColumnAmt |
| Exclusion | -$12,749 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OTHER INCOME | 900099 | $280,908 | $280,908 |
| MEMBERSHIP DUES | 900099 | $15,600 | $15,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $296,508 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,577,897 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $296,508 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,310,794 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,381,279 | TotalAmt |
| Program Services | $1,381,279 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,420 | TotalAmt |
| Program Services | $60,280 | ProgramServicesAmt |
| Management And General | $30,140 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,000 | TotalAmt |
| Program Services | $9,000 | ProgramServicesAmt |
| Management And General | $9,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,000 | TotalAmt |
| Management And General | $28,000 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $403,042 | TotalAmt |
| Management And General | $403,042 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $563,330 | TotalAmt |
| Program Services | $421,170 | ProgramServicesAmt |
| Management And General | $87,589 | ManagementAndGeneralAmt |
| Fundraising | $54,571 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,887 | TotalAmt |
| Program Services | $1,887 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,253 | TotalAmt |
| Program Services | $14,942 | ProgramServicesAmt |
| Management And General | $4,004 | ManagementAndGeneralAmt |
| Fundraising | $2,307 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,670 | TotalAmt |
| Program Services | $7,670 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $548 | TotalAmt |
| Management And General | $548 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,569 | TotalAmt |
| Program Services | $4,953 | ProgramServicesAmt |
| Management And General | $2,616 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BAD DEBT | $140,000 | $0 | $140,000 | $0 |
| EQUIPMENT MAINTENANCE | $65,219 | $27,574 | $0 | $37,645 |
| OTHER FEES | $47,711 | $40,243 | $0 | $7,468 |
| DUES | $28,296 | $19,102 | $9,194 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,934 | TotalAmt |
| Management And General | $14,934 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,819,158 | TotalAmt |
| Program Services | $1,988,100 | ProgramServicesAmt |
| Management And General | $729,067 | ManagementAndGeneralAmt |
| Fundraising | $101,991 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,972,970 | BOYAmt |
| EOY | $4,659,723 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,263,171 | BOYAmt |
| EOY | $2,518,451 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $197,758 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,271,187 | BOYAmt |
| EOY | $38,477,302 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,507,328 | BOYAmt |
| EOY | $45,853,234 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $759,306 | BOYAmt |
| EOY | $1,099,722 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $759,306 | BOYAmt |
| EOY | $1,099,722 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,805,836 | BOYAmt |
| EOY | $24,893,469 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,942,186 | BOYAmt |
| EOY | $19,860,043 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,748,022 | BOYAmt |
| EOY | $44,753,512 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,507,328 | BOYAmt |
| EOY | $45,853,234 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,758,739 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,499,657 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$253,592 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,229,474 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,653,768 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,276,430 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $28,850,392 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,937,423 | CurrentTaxYearAmt |
| Total | $38,947,487 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,229,474 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,653,768 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,276,430 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $28,850,392 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,937,423 | CurrentTaxYearAmt |
| Total | $38,947,487 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,486,036 | SubstantialContributorsTotAmt |
| Public Support Total170 | $37,461,451 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $59,337 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $75,335 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $135,826 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $388,330 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $625,304 | CurrentTaxYearAmt |
| Total | $1,284,132 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $139,569 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $234,938 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $204,802 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $192,127 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $296,508 | CurrentTaxYearAmt |
| Total | $1,067,944 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $41,299,563 | TotalSupportAmt |
| Public Support CY170 | 0.90710 | PublicSupportCY170Pct |
| Public Support PY170 | 0.86980 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,286,965 | BeginningYearBalanceAmt |
| Contributions | $2,837,588 | ContributionsAmt |
| Investment Earnings Or Losses | $100,332 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,087,974 | OtherExpendituresAmt |
| End Year Balance | $12,136,911 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,266,976 | BeginningYearBalanceAmt |
| Contributions | $365,821 | ContributionsAmt |
| Investment Earnings Or Losses | $2,115,588 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $461,420 | OtherExpendituresAmt |
| End Year Balance | $10,286,965 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,105,973 | BeginningYearBalanceAmt |
| Contributions | $268,765 | ContributionsAmt |
| Investment Earnings Or Losses | $55,173 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $162,935 | OtherExpendituresAmt |
| End Year Balance | $8,266,976 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,596,427 | BeginningYearBalanceAmt |
| Contributions | $1,192,746 | ContributionsAmt |
| Investment Earnings Or Losses | $464,936 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,148,136 | OtherExpendituresAmt |
| End Year Balance | $8,105,973 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,652,979 | BeginningYearBalanceAmt |
| Contributions | $630,567 | ContributionsAmt |
| Investment Earnings Or Losses | $571,311 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,258,430 | OtherExpendituresAmt |
| End Year Balance | $7,596,427 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.51000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.49000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| UNI. SYSTEM OF MD FND FUND | $37,881,121 | F |
| CERTIFICATES OF DEPOSITS | $596,181 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $38,477,302 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,675,198 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,499,657 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$2,499,657 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,174,855 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $403,042 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $403,042 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,577,897 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,416,116 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,416,116 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $403,042 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $403,042 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,819,158 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE ACTIVITIES OF BOWIE STATE UNIVERSITY, CHIEFLY THROUGH THE ISSUANCE OF SCHOLARSHIPS TO STUDENTS. |
| PART X, LINE 2: | THE FOUNDATION FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE FOUNDATION'S EVALUATION OF TAX POSITIONS, WHICH INCLUDES MAINTAINING ITS TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME, AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS WHICH DO NOT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT DOES NOT BELIEVE IT TOOK ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | 10TH ANNUAL GOLF CLASSIC | Event1Nm |
| Gross Receipts Event1 | $20,085 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $10,325 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $9,760 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $13,311 | OtherDirectExpensesEvent1Amt |
| Event2 | BOWIE DOES BROADWAY | Event2Nm |
| Gross Receipts Event2 | $18,250 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $15,425 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $2,825 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $6,250 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $4,586 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $7,422 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | -$2,836 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $2,937 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $42,921 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $33,172 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $9,749 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $22,498 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $22,498 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$12,749 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| BOWIE STATE UNIVERSTIY | |||||||
| 14000 JERICHO PARK ROAD | BOWIE | MD | 20715 | 300002563 | $953,945 | $0 | TO ASSIST BOWIE STATE UNIVERSITY AWARD SCHOLARSHIPS TO STUDENTS IN SUPPORT OF EFFORTS TO ADDRESS RETENTION NEEDS, IMPROVE THE GRADUATION RATE, AND BRIDGE GAP FUNDING AND ENHANCE RECRUITMENT. |
| BOWIE STATE UNIVERSTIY | |||||||
| 14000 JERICHO PARK ROAD | BOWIE | MD | 20715 | 300002563 | $427,334 | $0 | GRANTS TO SUPPORT BOWIE STATE UNIVERSITY AND ITS MISSION, PROGRAMS AND STUDENT EXPERIENCES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART V, LINE 2A: | ALL PAID PERSONNEL OF BOWIE STATE UNIVERSITY FOUNDATION ARE EMPLOYEES OF BOWIE STATE UNIVERSITY. AS SUCH, THE UNIVERSITY HANDLES ALL PAYROLL SERVICES AND THESE EMPLOYEES ARE REPORTED UNDER THE EMPLOYER IDENTIFICATION NUMBER (EIN) OF THE UNIVERSITY. THE PAYROLL EXPENSES ASSOCIATED WITH THESE EMPLOYEES IS ALLOCATED TO THE FOUNDATION BY THE UNIVERSITY AND IS INCLUDED IN THE FOUNDATION'S BOOKS AS A REIMBURSEMENT TO THE UNIVERSITY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDIT AND FINANCE COMMITTEE MEET, REVIEW, DISCUSS AND APPROVE THE FORM 990 AND IT IS THEN MAILED TO THE FULL BOARD PRIOR TO BEING FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST DISCLOSURE FORM AND IT IS UPDATED ANNUALLY. DISCLOSURE AND DISCUSSION IS REQUIRED FOR THOSE WHO HAVE DECLARED CONFLICTS. THE DISCUSSION IS CONDUCTED BY EITHER THE CHAIRMAN OF THE BOARD OR THE EXECUTIVE DIRECTOR OF THE FOUNDATION. IN ADDITION, INDIVIDUALS WHO ARE IDENTIFIED AS HAVING A CONFLICT OF INTEREST MIGHT BE REQUIRED TO HAVE A CONSULTATION WITH THE CHAIRMAN OF THE BOARD, THE EXECUTIVE DIRECTOR, LEGAL COUNSEL, THE EXECUTIVE COMMITTEE OR THE FULL BOARD IN EXECUTIVE SESSION. DECISIONS ARE MADE ON A CASE BY CASE BASIS AND DEPENDING ON THE ACTUAL RELATIONSHIP, THE CONSEQUENCES WOULD BE DETERMINED BASED ON THE FACTS AND THE SITUATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | ALL PAID PERSONNEL OF BOWIE STATE UNIVERSITY FOUNDATION ARE EMPLOYEES OF BOWIE STATE UNIVERSITY. AS SUCH, THE UNIVERSITY HANDLES ALL PAYROLL SERVICES AND THESE EMPLOYEES ARE REPORTED UNDER THE EMPLOYER IDENTIFICATION NUMBER (EIN) OF THE UNIVERSITY. THE PAYROLL EXPENSES ASSOCIATED WITH THESE EMPLOYEES IS ALLOCATED TO THE FOUNDATION BY THE UNIVERSITY AND IS INCLUDED IN THE FOUNDATION'S BOOKS AS REIMBURSEMENTS TO THE UNIVERSITY. THE EXECUTIVE DIRECTOR, WHO PRIMARILY SERVES AS THE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT, IS SELECTED BY A SEARCH COMMITTEE. THEY ARE NOT NECESSARILY INDEPENDENT PERSONS. THE SALARY IS DETERMINED BY THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT IN CONJUNCTION WITH NEGOTIATIONS FROM THE PERSPECTIVE CANDIDATE AND GOVERNING RULES OF THE POSITION, CLASS AND RANGE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 352,914. MANAGEMENT AND GENERAL EXPENSES 87,589. FUNDRAISING EXPENSES 54,571. TOTAL EXPENSES 495,074. OTHER PROGRAM SUPPORT: PROGRAM SERVICE EXPENSES 68,256. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,256. |
| FORM 990, PART XI, LINE 9: | ADJUSTMENT DUE TO RESTATEMENT OF PRIOR YEAR FINANCIAL STATEMENTS -253,592. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
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