MISSISSIPPI STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MISSISSIPPI STATE UNIVERSITY FOUNDATION INC (EIN 64-0410581)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-15
- IRS object ID
- 202321359349308252
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-15T12:14:00-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 W 5TH STREET STE 800 | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27101 | 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 | 640410581 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MISSISSIPPI STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MISS | BusinessNameControlTxt |
| Phone | 6623257000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO DRAWER 6149 | AddressLine1Txt |
| City | MISSISSIPPI STATE | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39762 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANET CARRAWAY | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6623257000 | PhoneNum |
| Signature | 2023-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JANET | PersonFirstNm |
| Person Last | CARRAWAY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAVITA GADA | PreparerPersonNm |
| PTIN | P01773072 | PTIN |
| Phone | 3362753394 | PhoneNum |
| Preparation | 2023-05-10 | PreparationDt |
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 | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JANET CARRAWAY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO DRAWER 6149 | AddressLine1Txt |
| City | MISSISSIPPI STATE | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39762 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $79,749,690 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MSUFOUNDATION.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1962 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 44 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 44 | VotingMembersIndependentCnt |
| Total Employee | 87 | TotalEmployeeCnt |
| Total Volunteers | 44 | TotalVolunteersCnt |
| Total Gross UBI | $1,206,705 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $65,274,785 | PYContributionsGrantsAmt |
| CY Contributions Grants | $64,449,901 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $14,062,978 | PYInvestmentIncomeAmt |
| CY Investment Income | $11,520,360 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,264,947 | PYOtherRevenueAmt |
| CY Other Revenue | $3,779,429 | CYOtherRevenueAmt |
| PY Total Revenue | $83,602,710 | PYTotalRevenueAmt |
| CY Total Revenue | $79,749,690 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $32,981,454 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $39,670,203 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,699,012 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,946,940 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,376,702 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,377,492 | PYOtherExpensesAmt |
| CY Other Expenses | $5,234,260 | CYOtherExpensesAmt |
| PY Total Expenses | $42,057,958 | PYTotalExpensesAmt |
| CY Total Expenses | $50,851,403 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $41,544,752 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $28,898,287 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $761,992,694 | TotalAssetsBOYAmt |
| Total Assets EOY | $706,859,370 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $21,568,323 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $24,077,268 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $740,424,371 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $682,782,102 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $36,925,141 | ExpenseAmt |
| Grant | $36,925,141 | GrantAmt |
| Desc | THIS INCLUDES AMOUNTS PAID TO MISSISSIPPI STATE UNIVERSITY FOR SCHOLARSHIPS AND OTHER REQUESTS SUCH AS RESEARCH, TEACHING NEEDS AND OTHER DEPARTMENTAL REQUESTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,707,478 | ExpenseAmt |
| Grant | $1,707,478 | GrantAmt |
| Desc | THIS INCLUDES AMOUNTS PAID TO THE BULLDOG CLUB PRIMARILY FOR ATHLETIC NEEDS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,037,584 | ExpenseAmt |
| Grant | $1,037,584 | GrantAmt |
| Desc | THIS INCLUDES AMOUNTS PAID TO THE ALUMNI ASSOCIATION TO SUPPLEMENT THEIR PROGRAM IN SERVICING THE ALUMNI OF MISSISSIPPI STATE UNIVERSITY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $39,670,203 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | 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 | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | 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 | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 341 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 87 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 44 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 44 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANET H CARRAWAY | PersonNm |
| Phone | 6623257000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO DRAWER 6149 | AddressLine1Txt |
| City | MISSISSIPPI STATE | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39762 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (61 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ANTHONY L WILSON | |||||||
| CHAIR OF THE BOARD | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RODGER L JOHNSON | |||||||
| VICE CHAIR OF THE BOARD | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PAUL KARRE | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID ABNEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BOYCE E ADAMS SR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD C ADKERSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| D HINES BRANNAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE BISHOP | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE BRYAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| FRED V BUIE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY M CHILDS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALBERT C CLARK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RANDY J CLEVELAND | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EARNEST W DEAVENPORT JR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TIMOTHY S DUNCAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID B HALL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS G HIXON SR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HERBERT V JOHNSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK S JORDAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANCIS C LEE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MALCOLM B LIGHTSEY SR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LEWIS F MALLORY JR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MIKE M MCDANIEL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| J MICHAEL MCILWAIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RODERICK A MOORE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BECKY MURPHY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS B NUSZ | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LINDA F PARKER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD H PUCKETT SR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOFFREY R PRYOR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WALTER D PURVIS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES W RITTER JR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES J ROUSE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD A RULA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL W SANDERS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LEO W SEAL III | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BOBBY S SHACKOULS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES R STEPHENSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM L TAYLOR III | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DOUGLAS T TERRESON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| R PATRICK WHITE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALBERT J WILLIAMS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LAURIE R WILLIAMS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TURNER WINGO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM B BERRY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR HELEN M CURRIE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR JOHN D DAVIS IV | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR RUSTY LINTON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN R LUNDY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR JANICE I NICHOLSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE D PILLOW JR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WALLACE L SEAL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR ALLEN K SILLS JR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN P RUSH | |||||||
| PRESIDENT & CEO | 40.00 | Yes (X) | $534,375 | $0 | $52,329 | ||
| JACK R MCCARTY | |||||||
| SECRETARY | 40.00 | Yes (X) | $208,506 | $0 | $36,121 | ||
| JANET CARRAWAY | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $195,016 | $0 | $35,011 | ||
| JOSEPH IUPE | |||||||
| DIRECTOR OF FINANCE AND BUDGET | 40.00 | $153,320 | $0 | $27,877 | Yes (X) | ||
| LEANN MARKHAM | |||||||
| EXEC DIRECTOR OF INFO SVCS | 40.00 | $147,807 | $0 | $27,311 | Yes (X) | ||
| JUDSON SKELTON | |||||||
| SR DIRECTOR OF DEVELOPMENT | 40.00 | $147,975 | $0 | $22,294 | Yes (X) | ||
| WILLIAM EVANS | |||||||
| SR. DIRECTOR OF DEV. ENG. | 40.00 | $140,746 | $0 | $26,773 | Yes (X) | ||
| JEFFREY LITTLE | |||||||
| SR DIRECTOR OF DEVELOPMENT | 40.00 | $140,157 | $0 | $26,093 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,667,902 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $253,809 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ZURI GROUP | |||||
| 328 NW BOND ST SUITE 204 | BEND | OR | 97703 | CONSULTING SERVICES | $307,143 |
| BAKER DONELSON BEARMAN & CALDWELL | |||||
| PO BOX 14167 | JACKSON | MS | 39236 | LEGAL & POLICY SERVICES | $238,851 |
| HEDERMAN BROTHERS | |||||
| PO BOX 1036 | MADISON | MS | 39130 | COMMERCIAL PRINTING SERVICES | $237,480 |
| CALPRO LLC | |||||
| 8 LACEWING PLACE | SPRING | TX | 77380 | ELECTRICAL CALIBRATION SERVICES | $150,000 |
| ONE DIVERSIFIED LLC | |||||
| 2975 NORTHWOODS PKWY | NORCROSS | GA | 30071 | EQPT & INSTALLATION SERVICES | $132,874 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Government Grants | $2,085,466 | GovernmentGrantsAmt |
| All Other Contributions | $62,364,435 | AllOtherContributionsAmt |
| Noncash Contributions | $18,971,455 | NoncashContributionsAmt |
| Total Contributions | $64,449,901 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,371,550 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$722,026 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,093,576 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $346,259 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $346,259 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $346,259 | TotalRevenueColumnAmt |
| Exclusion | $346,259 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,710,864 | SecuritiesAmt |
| Other | $437,946 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,710,864 | SecuritiesAmt |
| Other | $437,946 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,148,810 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,928,731 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,220,079 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| SERVICES | 523920 | $1,852,876 | $1,852,876 |
| UNIT SUPPORT | 900099 | $400,000 | $400,000 |
| FEE REVENUE | 900099 | $167,166 | $167,166 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,013,128 | TotalRevenueColumnAmt |
| Exclusion | $1,013,128 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,433,170 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $79,749,690 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,206,705 | UnrelatedBusinessRevenueAmt |
| Exclusion | $14,093,084 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,670,203 | TotalAmt |
| Program Services | $39,670,203 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $932,929 | TotalAmt |
| Management And General | $462,774 | ManagementAndGeneralAmt |
| Fundraising | $470,155 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,054,274 | TotalAmt |
| Management And General | $1,945,484 | ManagementAndGeneralAmt |
| Fundraising | $2,108,790 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $891,912 | TotalAmt |
| Management And General | $312,062 | ManagementAndGeneralAmt |
| Fundraising | $579,850 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,825 | TotalAmt |
| Management And General | $67,825 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,383 | TotalAmt |
| Management And General | $274,878 | ManagementAndGeneralAmt |
| Fundraising | $1,505 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $230,153 | TotalAmt |
| Management And General | $230,153 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $985,988 | TotalAmt |
| Management And General | $985,988 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $685,668 | TotalAmt |
| Management And General | $577,521 | ManagementAndGeneralAmt |
| Fundraising | $108,147 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,066 | TotalAmt |
| Fundraising | $1,066 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $995,399 | TotalAmt |
| Management And General | $423,928 | ManagementAndGeneralAmt |
| Fundraising | $571,471 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $426,246 | TotalAmt |
| Management And General | $421,884 | ManagementAndGeneralAmt |
| Fundraising | $4,362 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $500 | TotalAmt |
| Management And General | $315 | ManagementAndGeneralAmt |
| Fundraising | $185 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,018 | TotalAmt |
| Management And General | $23,549 | ManagementAndGeneralAmt |
| Fundraising | $205,469 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,090 | TotalAmt |
| Management And General | $77,090 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $753,307 | TotalAmt |
| Management And General | $753,307 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| TRANSFERS | $244,458 | $108,855 | $135,603 |
| DUES AND SUBSCRIPTIONS | $138,959 | $24,838 | $114,121 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,025 | TotalAmt |
| Management And General | $114,047 | ManagementAndGeneralAmt |
| Fundraising | $75,978 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,851,403 | TotalAmt |
| Program Services | $39,670,203 | ProgramServicesAmt |
| Management And General | $6,804,498 | ManagementAndGeneralAmt |
| Fundraising | $4,376,702 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,311,149 | BOYAmt |
| EOY | $10,369,357 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,761,967 | BOYAmt |
| EOY | $44,085,232 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,604 | BOYAmt |
| EOY | $304,081 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $56,298,461 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,026,997 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,689,653 | BOYAmt |
| EOY | $44,271,464 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $666,929,321 | BOYAmt |
| EOY | $607,829,236 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $761,992,694 | BOYAmt |
| EOY | $706,859,370 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,125,080 | BOYAmt |
| EOY | $2,077,172 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,123,947 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,941,285 | BOYAmt |
| EOY | $2,667,133 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,501,958 | BOYAmt |
| EOY | $17,209,016 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,568,323 | BOYAmt |
| EOY | $24,077,268 | 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 | $55,440,281 | BOYAmt |
| EOY | $58,072,588 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $684,984,090 | BOYAmt |
| EOY | $624,709,514 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $740,424,371 | BOYAmt |
| EOY | $682,782,102 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $761,992,694 | BOYAmt |
| EOY | $706,859,370 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $28,898,287 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$77,824,006 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$8,716,550 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $37,750,240 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,316,315 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,936,281 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $65,274,785 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $64,449,901 | CurrentTaxYearAmt |
| Total | $263,727,522 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $37,750,240 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,316,315 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,936,281 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $65,274,785 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $64,449,901 | CurrentTaxYearAmt |
| Total | $263,727,522 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $36,341,098 | SubstantialContributorsTotAmt |
| Public Support Total170 | $227,386,424 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,850,007 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,982,805 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,654,594 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,325,815 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,439,835 | CurrentTaxYearAmt |
| Total | $27,253,056 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $741,098 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,113,174 | CurrentTaxYearAmt |
| Total | $1,854,272 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,695,580 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,078,466 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,130,994 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,772,779 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,433,171 | CurrentTaxYearAmt |
| Total | $16,110,990 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $308,945,840 | TotalSupportAmt |
| Public Support CY170 | 0.73600 | PublicSupportCY170Pct |
| Public Support PY170 | 0.71890 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $78,646 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $78,646 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | LOBBYING EXPENSES WERE INCURRED PRIMARILY THROUGH THE ENTERTAINMENT OF LEGISLATORS AND GOVERNMENT OFFICIALS WHILE INFORMING THEM OF UNIVERSITY NEEDS AND PRIORITIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $533,878,039 | BeginningYearBalanceAmt |
| Contributions | $23,082,683 | ContributionsAmt |
| Investment Earnings Or Losses | -$52,867,539 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,968,704 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$3,671,767 | OtherExpendituresAmt |
| End Year Balance | $494,796,246 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $401,281,208 | BeginningYearBalanceAmt |
| Contributions | $31,946,887 | ContributionsAmt |
| Investment Earnings Or Losses | $109,916,044 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,330,545 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$3,064,445 | OtherExpendituresAmt |
| End Year Balance | $533,878,039 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $395,435,273 | BeginningYearBalanceAmt |
| Contributions | $15,404,185 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,626,288 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $13,785,201 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$5,853,293 | OtherExpendituresAmt |
| End Year Balance | $401,281,262 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $374,631,086 | BeginningYearBalanceAmt |
| Contributions | $15,461,090 | ContributionsAmt |
| Investment Earnings Or Losses | $18,637,899 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $13,291,684 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,118 | OtherExpendituresAmt |
| End Year Balance | $395,436,273 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $354,199,812 | BeginningYearBalanceAmt |
| Contributions | $12,276,543 | ContributionsAmt |
| Investment Earnings Or Losses | $22,295,964 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $16,126,246 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,985,013 | OtherExpendituresAmt |
| End Year Balance | $374,631,086 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.04515 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.80419 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.15066 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $30,339,389 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $4,619,014 | OtherCostOrOtherBasisAmt |
| Book Value | $34,958,403 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,321,236 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,749,137 | DepreciationAmt |
| Book Value | $4,572,099 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,097,393 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,277,860 | DepreciationAmt |
| Book Value | $3,819,533 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $921,429 | OtherCostOrOtherBasisAmt |
| Book Value | $921,429 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $44,271,464 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (9 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| SHORT TERM INVESTMENTS | $6,668,840 | F |
| AGILITY COMPREHENSIVE SOLUTIONS FUND | $477,216,831 | F |
| GLOBAL FIXED INCOME | $3,851,119 | F |
| GLOBAL EQUITIES | $7,869,492 | F |
| REAL ASSETS | $25,490,846 | F |
| ABSOLUTE RETURN STRATEGIES | $27,808 | F |
| PRIVATE CAPITAL | $28,837,780 | F |
| CASH- SURRENDER VALUE OF LIFE INSURANCE | $3,047,163 | F |
| NON-POOLED PLANNED GIVING INV | $54,819,357 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $607,829,236 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| AGENCY PAYABLE | $8,426,290 |
| LIABILITIES UNDER SPLIT INTEREST AGREEMENTS | $8,393,252 |
| PAYABLE TO MSU | $389,474 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $17,209,016 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | -$7,776,854 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$77,824,006 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$8,716,550 | OtherRevenueAmt |
| Revenue Not Reported | -$86,540,556 | RevenueNotReportedAmt |
| Revenue Subtotal | $78,763,702 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $985,988 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $985,988 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $79,749,690 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $49,865,415 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $49,865,415 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $985,988 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $985,988 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $50,851,403 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE VAST MAJORITY (APPROXIMATELY 96 PERCENT) OF MISSISSIPPI STATE UNIVERSITY FOUNDATION'S (MSU FOUNDATION) ENDOWMENT IS CLASSIFIED AS EITHER "PERMANENTLY RESTRICTED OR TEMPORARILY RESTRICTED; THE EARNINGS FROM THESE RESTRICTED ENDOWMENTS SUPPORT MISSISSIPPI STATE UNIVERSITY IN WAYS SPECIFIED BY INDIVIDUAL AND CORPORATE DONORS IN WRITTEN GIFT AGREEMENTS ON FILE WITH MSU FOUNDATION. THE EARNINGS FROM MSU FOUNDATION'S UNRESTRICTED ENDOWMENT (APPROXIMATELY 4 PERCENT OF THE TOTAL) IS USED TO PARTIALLY SUPPORT THE DAILY OPERATIONS OF MSU FOUNDATION. |
| PART X, LINE 2: | THE FOUNDATION IS A NOT-FOR-PROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. AS OF JUNE 30, 2022 AND 2021, THERE WERE NO MATERIAL UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -9,845,714. REVENUE ADJUSTMENT TO MSU 1,129,164. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| MISSISSIPPI STATE UNIVERSITY | ||||||||
| PO DRAWER BT | MISSISSIPPI STATE | MS | 39762 | 646000819 | 501 (C) (3) | $36,925,141 | $0 | PROVIDE FUNDS FOR LEARNING/SCHOLARSHIPS, SERVICE AND RESEARCH |
| BULLDOG CLUB | ||||||||
| PO BOX 5227 | MISSISSIPPI STATE | MS | 39762 | 510163622 | 501 (C) (3) | $1,707,478 | $0 | PROVIDE CONTRIBUTED FUNDS DESIGNATED TO SUPPORT THE MSU ATHLETIC PROGRAMS |
| MSU ALUMNI ASSOCIATION | ||||||||
| PO BOX AA | MISSISSIPPI STATE | MS | 39762 | 582006453 | 501 (C) (3) | $1,037,584 | $0 | PROVIDE FUNDS TO THE ORG. TO HELP SUPPORT MSU THROUGH PROGRAMS AND ACTIVITIES FOR ALUMNI |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE MSU FOUNDATION MONITORS EXPENDITURES OF FUNDS, SERVES ON SCHOLARSHIP COMMITTEES AND BECOMES INVOLVED IN OTHER NUMEROUS WAYS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN P RUSH | ||||||||||||||
| PRESIDENT & CEO | $443,275 | $0 | $78,891 | $0 | $12,209 | $0 | $47,638 | $0 | $4,691 | $0 | $586,704 | $0 | $0 | $0 |
| JACK R MCCARTY | ||||||||||||||
| SECRETARY | $180,242 | $0 | $28,264 | $0 | $0 | $0 | $31,430 | $0 | $4,691 | $0 | $244,627 | $0 | $0 | $0 |
| JANET CARRAWAY | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $167,751 | $0 | $27,265 | $0 | $0 | $0 | $30,320 | $0 | $4,691 | $0 | $230,027 | $0 | $0 | $0 |
| JOSEPH IUPE | ||||||||||||||
| DIRECTOR OF FINANCE AND BUDGET | $132,470 | $0 | $20,850 | $0 | $0 | $0 | $23,186 | $0 | $4,691 | $0 | $181,197 | $0 | $0 | $0 |
| LEANN MARKHAM | ||||||||||||||
| EXEC DIRECTOR OF INFO SVCS | $128,561 | $0 | $19,246 | $0 | $0 | $0 | $22,620 | $0 | $4,691 | $0 | $175,118 | $0 | $0 | $0 |
| JUDSON SKELTON | ||||||||||||||
| SR DIRECTOR OF DEVELOPMENT | $127,927 | $0 | $20,048 | $0 | $0 | $0 | $22,294 | $0 | $0 | $0 | $170,269 | $0 | $0 | $0 |
| WILLIAM EVANS | ||||||||||||||
| SR. DIRECTOR OF DEV. ENG. | $116,916 | $0 | $23,830 | $0 | $0 | $0 | $22,082 | $0 | $4,691 | $0 | $167,519 | $0 | $0 | $0 |
| JEFFREY LITTLE | ||||||||||||||
| SR DIRECTOR OF DEVELOPMENT | $117,062 | $0 | $23,095 | $0 | $0 | $0 | $21,402 | $0 | $4,691 | $0 | $166,250 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I | THE ORGANIZATION HAS AN INCENTIVE COMPENSATION PROGRAM WHEREBY AN INDIVIDUAL IS PAID A PERCENTAGE OF THEIR SALARY AS INCENTIVE COMPENSATION WHEN CERTAIN BENCHMARKS SET BY THE ORGANIZATION ARE MET. THE INCENTIVE COMPENSATION IS GROSSED UP FOR TAXES SO THAT THE INDIVIDUAL RECEIVES A PERCENTAGE OF THEIR SALARY AFTER TAXES. |
| SCHEDULE J, PART I, LINE 7 | BONUS AND INCENTIVE COMPENSATION IS BASED ON ACHIEVEMENT OF CERTAIN TARGETS, QUALITY INDICATORS, AND NON-FINANCIAL METRICS. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $10,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $31,955 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 81 | ContributionCnt |
| Noncash Contributions Rpt F990 | $8,163,403 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STOCK QUOTE | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $322,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Real Estate Commercial RealEstateCommercialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,110,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $333,210 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $260,484 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $86,341 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Historical Artifacts HistoricalArtifactsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $111,620 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | SOFTWARE | 4 | $7,151,032 | FMV |
| Yes (X) | EQUIPMENT | 12 | $239,596 | FMV |
| Yes (X) | LIVE STOCK | 6 | $144,412 | FMV |
| Yes (X) | MISCELLEANEOUS | 11 | $7,402 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 7 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION HIRES A STOCK BROKER AND REAL ESTATE AGENTS TO SELL STOCK AND REAL ESTATE THAT IS GIVEN. THE REAL ESTATE PROPERTIES THAT ARE SOLD ARE PROPERTIES THAT ARE NOT INTENDED TO BE HELD LONG-TERM BY THE ORGANIZATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1: DESCRIPTION OF ORGANIZATION MISSION: | MISSISSIPPI STATE UNIVERSITY FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION THAT ASSISTS MISSISSIPPI STATE UNIVERSITY IN ACCOMPLISHING ITS GOALS AND MISSION BY CULTIVATING AND SOLICITING PRIVATE SUPPORT AND ENSURING STEWARDSHIP FOR ALL CONTRIBUTIONS BENEFITTING MISSISSIPPI STATE UNIVERSITY. |
| FORM 990, PART III, LINE 1: DESCRIPTION OF ORGANIZATION MISSION: | MISSISSIPPI STATE UNIVERSITY FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION THAT ASSISTS MISSISSIPPI STATE UNIVERSITY IN ACCOMPLISHING ITS GOALS AND MISSION BY CULTIVATING AND SOLICITING PRIVATE SUPPORT AND ENSURING STEWARDSHIP FOR ALL CONTRIBUTIONS BENEFITTING MISSISSIPPI STATE UNIVERSITY. |
| FORM 990, PART VI, SECTION A, LINE 2 | RICHARD ADKERSON AND DAVID ABNEY BUSINESS RELATIONSHIP |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BYLAWS OF THE ORGANIZATION STATE THAT THE CURRENT NATIONAL PRESIDENT OF THE MISSISSIPPI STATE UNIVERSITY ALUMNI ASSOCIATION AND THE CURRENT PRESIDENT OF THE MISSISSIPPI STATE UNIVERSITY BULLDOG CLUB WILL BE AMONG THE BOARD OF DIRECTORS OF THE ORGANIZATION. THESE MEMBERS ARE APPOINTED BASED ON THEIR ROLE WITH THE RESPECTIVE ORGANIZATIONS AND NOT ELECTED BY THE BOARD OF DIRECTORS ITSELF. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FOUNDATION'S EXECUTIVE COMMITTEE CONDUCTS THE PRIMARY INSPECTION OF THE FORM 990. THE FULL BOARD OF DIRECTORS TYPICALLY REVIEWS IT AT ITS ANNUAL SPRING MEETING. IT IS NORMALLY AVAILABLE FOR INSPECTION NO FEWER THAN 14 DAYS PRIOR TO THE SCHEDULED SPRING MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT LEAST ANNUALLY, EACH MEMBER OF THE BOARD OF DIRECTORS AND EACH OFFICER SHALL COMPLETE, SIGN, AND FURNISH TO THE FOUNDATION A DISCLOSURE FORM SPECIFYING ANY CONFLICTS OF INTEREST. ANY PERSON FAILING TO FURNISH THE FORM MAY NOT PARTICIPATE IN ANY BOARD OR COMMITTEE MEETING AND MAY BE SUBJECT TO DISMISSAL FROM THE BOARD FOR ANY CONTINUING FAILURE. THE FORM IS REVIEWED BY THE SECRETARY. IF A CONFLICT EXISTS, THE TRANSACTION THAT GAVE RISE TO THE CONFLICT SHALL BE PRESENTED BY THE INTERESTED PERSON AND INVESTIGATED BY THE REMAINING DISINTERESTED PERSON TO SEE IF A MORE APPROPRIATE TRANSACTION IS AVAILABLE. THE INTERESTED PERSON IS NOT PRESENT DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION THAT RESULTS IN THE CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION WAS REVIEWED IN 2007 AND APPROVED BY THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING AS DOCUMENTED IN THE BOARD MEETING; THIS COMPENSATION PACKAGE WAS MODIFIED IN 2010 TO INCLUDE INCENTIVE COMPENSATION. IT WAS FURTHER MODIFIED IN 2016 AFTER A REVIEW WITH THE MSU FOUNDATION COMPENSATION COMMITTEE IN CONSULTATION WITH A COMPENSATION CONSULTANT. THIS MODIFICATION WAS APPROVED BY THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING IN 2017. DURING THE PRIOR TAX YEAR THE COMPENSATION COMMITTEE RECOMMENDED A PERFORMANCE BONUS BASED ON OUTSTANDING FUNDRAISING RESULTS AND TAKING INTO ACCOUNT COMPARATIVE INFORMATION OBTAINED FROM A COMPENSATION REVIEW DONE BY OUTSIDE EXPERT CONSULTANTS IN 2019. THE RECOMMENDATION WAS APPROVED. THE TOTAL COMPENSATION IS CONTINUALLY REVIEWED BY THE FOUNDATION'S COMPENSATION COMMITTEE WITH THE ASSISTANCE OF THE COMPENSATION CONSULTANT, CHAIRMAN AND EXECUTIVE COMMITTEE OF THE FOUNDATION, PRESIDENT OF MISSISSIPPI STATE UNIVERSITY AND THE HUMAN RESOURCES DEPARTMENT OF MISSISSIPPI STATE UNIVERSITY. A CONSULTANT FROM WILLIS TOWERS WATSON PROVIDES ONGOING COUNSEL ON NATIONAL SALARIES TO INSURE THE REASONABLENESS OF THE TOTAL COMPENSATION PACKAGE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
| FORM 990, PAGE 9, PART VIII, LINE 7D | A BREAKOUT OF PROCEEDS AND BASIS IS NOT READILY AVAILABLE. THEREFORE, ONLY A TOTAL FOR GAIN OR LOSS IS BEING REPORTED. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -9,845,714. REVENUE ADJUSTMENT TO MSU 1,129,164. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| MAROON AIR LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 831311391 | INVESTMENT | MS | $1,501,197 | $3,712,045 | MSUF |
| 107 MULDROW PROPERTIES LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 861335848 | INVESTMENT | MS | $361,142 | MSUF | |
| 111 MULDROW PROPERTIES LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 861358720 | INVESTMENT | MS | $360,629 | MSUF | |
| 800-804 UNIVERSITY DRIVE PROPERTIES LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 861427968 | INVESTMENT | MS | $1,278,125 | MSUF | |
| 806 UNIVERSITY DRIVE APTS LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 861400901 | INVESTMENT | MS | $1,850,104 | MSUF | |
| 109 MULDROW PROPERTIES LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 871810237 | INVESTMENT | MS | $18,340 | $576,514 | MSUF |
| DG SOUTH LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 862769676 | INVESTMENT | MS | $2,110,000 | MSUF | |
| WEST SIDE FUND I LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 881887553 | INVESTMENT | MS | MSUF | ||
| WEST SIDE FUND II LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 881902135 | INVESTMENT | MS | MSUF | ||
| WEST SIDE FUND III LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 881939247 | INVESTMENT | MS | MSUF | ||
| WEST SIDE FUND IV LLC | |||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 881960066 | INVESTMENT | MS | MSUF | ||
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MS STATE INVESTMENT POOL | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 423 | AddressLine1Txt |
| City | MISSISSIPPI STATE | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39762 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640869097 | EIN |
| Primary Activities | INVESTMENTS | PrimaryActivitiesTxt |
| Legal Domicile State | MS | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MSUF | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | EXCLUDED | PredominantIncomeTypeTxt |
| Share Of Total Income | $80,044,516 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $511,141,577 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Ownership | 0.92180 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WEST SIDE FUNDS INC | |||||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | 882613493 | INVESTMENT | MS | MSUF | C | 1.00000 | Yes (1) | |
| CHARITABLE REMAINDER TRUSTS (20) | |||||||||||
| 1 HUNTER HENRY BLVD | MISSISSIPPI STATE | MS | 39762 | CHARITABLE TRUST | MS | T | 0 | N/A | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| MISSISSIPPI STATE INVESTMENT POOL | ||
| B | $22,000,000 | FMV |
| MISSISSIPPI STATE INVESTMENT POOL | ||
| S | $7,571,686 | FMV |