2023-05-12T15:16:33-05:00 2022-06-30 FORVIS LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2021-07-01 486088461 EMPORIA STATE UNIVERSITY FOUNDATION % SHANE SHIVLEY EMPO 6203415440 1500 HIGHLAND STREET EMPORIA KS 66801 JENNIFER SAUDER CFO/CORP TREASURER 6203415440 2022-11-15 true JENNIFER SAUDER XXX-XX-XXXX Michael J Engle P00482834 8162216300 2 2021 2023-04-26 12:10:37Z JENNIFER SAUDER 1500 HIGHLAND STREET EMPORIA KS 66801 41126179 false X WWW.EMPORIA.EDU/FOUNDATION-GIVING/ X 1952 KS INSPIRING PHILANTHROPY TO CHANGE LIVES AT EMPORIA STATE UNIVERSITY. 15 15 66 48 -20447 0 9512259 8653345 0 0 4200202 7964557 2055952 3257723 15768413 19875625 8598370 6576212 0 0 1879069 1762867 34860 32482 1145430 924640 970396 11436939 9341957 4331474 10533668 142902484 135616092 2510268 1833405 140392216 133782687 RAISING AND MANAGING PHILANTHROPIC RESOURCES TO ADVANCE THE MISSION OF EMPORIA STATE UNIVERSITY. false false 6576212 6576212 0 SCHOLARSHIPS, GRANTS AND PAYMENTS TO EMPORIA STATE UNIVERSITY FOR GROWTH AND DEVELOPMENT OF CAMPUS AND ACADEMIC ACTIVITIES. 248492 0 0 VARIOUS RELATED EXPENSES INCURRED IN THE OPERATION OF THE FOUNDATION PROGRAM TO PROVIDE SCHOLARSHIPS AND PROMOTE THE GROWTH OF EMPORIA STATE UNIVERSITY. 6824704 true true false false false true false true false true true true false true true false true false false false true false false true false false false true true true false false false false false false false false true false false false false true true false false false true 24 0 true 66 true true true false false false false true true false false false false false false false false false X 15 15 false false false false false true false true true false false false true true true true true true false false KS X SHANE SHIVLEY 6203415440 1500 HIGHLAND ST EMPORIA KS 66801 SHANE SHIVLEY FOUNDATION PRESIDENT 45.0 0.0 X 179723 0 30273 JENNIFER DENTON VP OF STEWARDSHIP & ADMINISTRA 40.0 0.0 X 119626 0 19758 BETHANY TEGTMEIER VP OF DEVELOPMENT 40.0 0.0 X 101635 0 25817 JENNIFER SAUDER CORPORATE TREASURER 45.0 0.0 X 61744 0 30126 JENNIFER COLLINS CORPORATE SECRETARY 40.0 0.0 X 43107 0 12135 DENISE KRUSE EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 GENE MERRY EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 JOHN KUDLACEK EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 JD RIOS EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 DIANE BEATTY EXECUTIVE MEMBER, CHAIR 1.0 0.0 X X 0 0 0 JASON FANNING EXECUTIVE MEMBER, VICE CHAIR 1.0 0.0 X X 0 0 0 DEBBIE WYNN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 JOYCE FRENCH EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 GREG KOSSOVER EXECUTIVE MEMBER, 2 VICE CHAIR 1.0 0.0 X X 0 0 0 MUHAMMAD NASHATIZADEH EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 CARLA SMITH EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 JOHN STIBAL EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 MICHAEL BURBACH EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 CYNTHIA EISENHAUER EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 TERRY YOUNG EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 505835 0 118109 3 false true false 0 1778334 6875011 634158 8653345 0 1914596 1914596 0 25150 25150 6000 6000 0 6000 6000 27300515 21250554 6049961 6049961 6049961 0 0 0 0 0 0 0 0 0 Partnership Income 900099 3188102 -20447 3208549 Other Income 900099 38471 38471 3226573 19875625 -20447 11242727 3433899 3433899 3142313 3142313 0 0 379422 303538 75884 0 954536 18124 342188 594224 102929 1541 56108 45280 229976 1827 110477 117672 96004 1427 45037 49540 0 0 54786 54786 0 32482 32482 138243 138243 0 44880 1366 13145 30369 395394 173730 161333 60331 0 0 51392 5063 36628 9701 104372 35198 69174 0 0 17397 17397 0 71154 21344 26092 23718 24252 4786 19466 Bad Debt 30077 30077 Miscellaneous 38449 1887 29584 6978 9341957 6824704 1371823 1145430 251807 589666 2013561 1009920 5397305 4661268 0 629 0 0 0 0 232336 205351 0 0 20409 33358 3668823 1953157 1719825 1715666 79017299 64755735 39531699 49484534 78449 78449 0 0 14639794 13081516 142902484 135616092 818789 397992 0 0 40000 20000 0 0 0 0 0 0 440531 416442 0 0 1210948 998971 2510268 1833405 X 12628125 10681556 127764091 123101131 140392216 133782687 142902484 135616092 X 10533668 -15762931 -1380266 X false true X true false X 6761173 8984215 7798503 9512259 8653345 41709495 0 0 6761173 8984215 7798503 9512259 8653345 41709495 3482863 38226632 1637719 6402094 2132697 4125076 1945746 16243332 0 0 0 0 0 0 1987767 1860605 1323818 2033390 3247020 10452600 68405427 0 0.55883 0.56708 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17 614975 678360 1782742 true true 17225 X X X false 100787819 3432354 -4134001 2058377 638823 97388972 79028761 2403679 23600078 2070000 581300 1593399 100787819 79116123 3454750 893324 2001800 572800 1860836 79028761 77134182 1775998 4600784 1921803 583697 1889341 79116123 74413133 2672003 4276462 1759692 574808 1892916 77134182 0.02600 0.68530 0.28870 false false 313263 313263 415486 2706452 1779688 1342250 216397 173469 42928 17225 17225 1715666 FUNDS OF HEDGE FUNDS 16857777 F PRIVATE EQUITY FUNDS 25998172 F REAL ESTATE PARTNERSHIPS 6628585 F 49484534 CSV LIFE INSURANCE 793792 Beneficial Interest in Trusts 12287723 13081516 0 Annuity & Trust Obligations 998971 998971 2594185 -15762931 -1380266 -17143197 19737382 138243 138243 19875625 9203714 9203714 138243 138243 9341957 SCHEDULE D, PART III, LINE 4 THE FOUNDATION HOLDS OWNERSHIP OF 2 CEMETERY LOTS AND SIDE-COMPANION CRYPTS. ALL ITEMS ARE TO BENEFIT SCHOLARSHIPS FOR ESU STUDENTS. SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS ARE HELD FOR THE BENEFIT OF EMPORIA STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS AND ASSISTANCE WITH OPERATING EXPENSES. SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D CHANGE IN BENEFICIAL INTEREST OF PERPETUAL TRUST $(1,500,445) ACTUARIAL GAIN $ 120,179 ------------ $(1,380,266) Central America and the Caribbean 0 0 Investments 26548049 0 0 0 0 26548049 26548049 true false true true false false SCHEDULE F, PART I, LINE 3 PASSIVE INVESTMENT HOLDINGS ARE MONITORED ON A MONTHLY BASIS BY THE FOUNDATION'S THIRD-PARTY INVESTMENT ADVISOR CONSULTANT. THE FOUNDATION BOARD'S INVESTMENT COMMITTEE REVIEWS THE PASSIVE INVESTMENT HOLDINGS ON A QUARTERLY BASIS AND REPORTS ANY SUBSTANTIAL ACTIVITY TO THE EXECUTIVE COMMITTEE. THE INVESTMENTS ARE ACCOUNTED FOR ON THE ACCRUAL METHOD OF ACCOUNTING. X X X X true STEWARDSHIP COUNSELING LLC PLANNED GIVING false 32482 32482 true EMPORIA STATE UNIVERSITY 1 KELLOG CIRCLE EMPORIA KS 66801 481124839 GOVERNMENT 3403899 UNIVERSITY OPERATIONS ALUMNI ASSOCIATION OF EMPORIA STATE UNIVERS 1500 HIGHLAND STREET EMPORIA KS 66801 486115644 501(C)(3) 30000 OPERATIONAL SUPPORT 2 SCHOLARSHIPS 1436 3142313 SCHEDULE I, PART I, LINE 2 UNIVERSITY EXPENDITURES AND SCHOLARSHIPS ARE PROCESSED BY THE UNIVERSITY; THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THESE EXPENDITURES UPON VERIFICATION THAT THE EXPENSE/SCHOLARSHIP MEETS THE RESPECTIVE DONOR'S GIFT CRITERIA, AS DOCUMENTED. X true true X X X false false false false false false false false false SHANE SHIVLEY FOUNDATION PRESIDENT 179456 0 0 0 267 0 15451 0 14822 0 209996 0 0 0 SCHEDULE J, PART I, LINE 1A SOCIAL CLUB DUES ARE PAID FOR THE PRESIDENT TO ENTERTAIN DONORS. ANY PERSONAL USE IS TREATED AS TAXABLE COMPENSATION AND INCLUDED AS WAGES. X 3 26200 FMV X 31 538276 FMV X AUCTION ITEMS 112 44631 FMV X TRAINING TENT 2 6272 FMV X WEIGHT ROOM EQUIPMENT 1 8443 FMV X VEHICLE REPAIRS 1 583 FMV X BACH STRADIVARIUS MT. VERNON TRUMPET 1 3500 FMV X ART DEPT MATERIALS 2 5798 FMV X FLOAT BOAT 1 100 FMV X WALL OF CHAMPIONS 1 230 FMV X FIRST EDITION PRINT 1 125 FMV false true true SCHEDULE M, PART I, LINES 1-28, COLUMN B THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS. SCHEDULE M, PART I, LINE 32B A LICENSED REAL ESTATE AGENT IS USED TO SELL DONATIONS OF REAL ESTATE. AN AUCTIONEER (OR AUCTION SERVICE) IS USED TO SELL ALL OTHER NONCASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 7A At the beginning of each new Foundation Chair's term, the Foundation Chair may appoint up to three members of the Executive Committee from among the voting Trustees. Each appointed member of the Executive Committee shall serve until the conclusion of the term of the Foundation Chair who appointed such member. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER/CORPORATE TREASURER, THE PRESIDENT, AND THE CHAIR OF THE AUDIT & RISK MANAGEMENT COMMITTEE OF EMPORIA STATE UNIVERSITY FOUNDATION. ANY QUESTIONS OR CONCERNS THAT THESE INDIVIDUALS HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE PRIOR TO SUBMITTING THE 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE ASKED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT. THESE ARE REVIEWED BY THE PRESIDENT OF THE FOUNDATION. THERE IS A COMPLIANCE OFFICER ON THE BOARD THAT IS RESPONSIBLE FOR ADDRESSING ANY ISSUES THAT MAY ARISE THROUGHOUT THE YEAR. IF A CONFLICT ARISES IT IS INVESTIGATED IMMEDIATELY. KEY EMPLOYEES SIGN A CONFLICT OF INTEREST POLICY WITH THE UNIVERSITY. THESE ARE MONITORED THROUGH EMPORIA STATE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 15A & 15B LINE 15A: The President of the Foundation is evaluated by a performance review committee made up of the three board officers and the University President, who also adjusts compensation as needed. This process is done on an annual basis. CBIZ is utilized for a market analysis of similar job classifications to determine compensation. LINE 15B: The President of the Foundation annually reviews the performance and compensation of the other officers and key employees of the organization. CBIZ is utilized for a market analysis of similar job classifications to determine compensation. FORM 990, PART VI, SECTION C, LINE 19 EACH TRUSTEE GETS A COPY OF THE BY-LAWS. THE PUBLIC CAN RECEIVE A COPY OF THE BY-LAWS, THE CONFLICT OF INTEREST POLICY AND THE 990 UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION WEBSITE. FORM 990, PART XI, LINE 9 CHANGE IN BENEFICIAL INTERESTS OF PERPETUAL TRUST $ (1,500,445) ACTUARIAL GAIN $ 120,179 ------------- $ (1,380,266) CHARITABLE REMAINDER TRUST (5) TRUST KS ESU FDN true false false false false false false false false false false false false false false false false false false false