2023-05-10T12:10:42-05:00 2022-06-30 FORVIS LLP 910 E ST LOUIS 200/PO BOX 1190 SPRINGFIELD MO 658062523 990 2021-07-01 431234200 MISSOURI STATE UNIVERSITY FOUNDATION % MISSOURI STATE UNIVERSITY MISS 4178365632 901 S NATIONAL SPRINGFIELD MO 65897 STEPHEN FOUCART TREASURER 4178365632 2023-02-25 true STEPHEN FOUCART XXX-XX-XXXX Brian D Todd P00422601 4178658701 3 2021 2023-04-26 12:10:37Z STEPHEN FOUCART 901 S NATIONAL SPRINGFIELD MO 65897 315409315 false X WWW.MISSOURISTATEFOUNDATION.ORG X 1981 MO THE MISSOURI STATE UNIVERSITY FOUNDATION SUPPORTS MISSOURI STATE UNIVERSITY BY MANAGING AND DISTRIBUTING RESOURCES RECEIVED IN FUNDRAISING CAMPAIGNS AND EVENTS. 9 9 98 250 -7794 0 24163090 27055801 5408668 5058115 4086390 10950958 335174 923174 33993322 43988048 20282567 22985357 0 0 3415793 3360148 0 0 377205 570001 5520368 24268361 31865873 9724961 12122175 193009225 181048286 3936317 2363311 189072908 178684975 THE MISSION OF THE ORGANIZATION IS TO DEVELOP AN ENVIRONMENT WHICH PROMOTES GIVING AND THEREIN SEEK, RECEIVE, MANAGE AND DISTRIBUTE RESOURCES IN A MANNER APPROPRIATE TO SUPPORT PROGRAMS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE OF THE UNIVERSITY. false false 26798125 18986098 5058115 MISSOURI STATE UNIVERSITY FOUNDATION'S PRIMARY PURPOSE IS TO SUPPORT MISSOURI STATE UNIVERSITY (MSU) BY HOLDING FUNDRAISING CAMPAIGNS AND SPECIAL EVENTS. THE ORGANIZATION PROVIDES SUPPORT FOR INSTRUCTION AND ACADEMIC PROGRAMS, STUDENT SERVICES, BROADCAST SERVICES, CAPITAL PROJECTS, AND THE GREAT SOUTHERN BANK ARENA, AS WELL AS GENERAL INSTITUTIONAL SUPPORT. 3999259 3999259 MISSOURI STATE UNIVERSITY FOUNDATION ALSO PROVIDES SCHOLARSHIPS TO INDIVIDUALS. DURING THE YEAR, 1,667 INDIVIDUALS RECEIVED SCHOLARSHIPS FROM THE FOUNDATION. 30797384 true true false false false false false false false true true true false false true false true false false false true false false false true false false true true true false false false false false false false false true true false false false true false false false true X 28 0 true 98 true false false false false false true true false false false false false false X 9 9 true false false false true true true true true false false true true true true true true false false false X X MISSOURI STATE UNIVERSITY 4178365632 901 S NATIONAL SPRINGFIELD MO 65897 X W BRENT DUNN EXECUTIVE DIRECTOR 24.0 16.0 X 97974 65316 58825 STEPHEN C FOUCART TREASURER 6.0 34.0 X 25647 145332 47350 CINDY R BUSBY SECRETARY 14.0 26.0 X 23567 43767 21773 TIM FOOTE TRUSTEE 1.0 0.0 X 0 0 0 JIM WILSON TRUST END/CHAIR ELECT BEG 1/22 1.0 0.0 X X 0 0 0 ROBERT A FOSTER TRUSTEE 1.0 0.0 X 0 0 0 KAREN L HORNY TRUSTEE 1.0 0.0 X 0 0 0 MARK MCQUEARY CHAIR ELECT END/CHAIR BEG 1/22 1.0 0.0 X X 0 0 0 BONNALIE O CAMPBELL TRUSTEE 1.0 0.0 X 0 0 0 JOHN D FOSTER TRUSTEE 1.0 0.0 X 0 0 0 MARY H SCHRAG TRUSTEE 1.0 0.0 X 0 0 0 DIANE JENKINS TRUSTEE BEG 1/22 1.0 0.0 X 0 0 0 JOE CARMICHAEL CHAIR END 1/22 1.0 0.0 X X 0 0 0 147188 254415 127948 0 false true false ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DR CHICAGO IL 606930625 SOFTWARE 124272 1 292988 26762813 2040987 27055801 PERSONNEL PAID BY AFFILIATE 561000 3080591 3080591 MISCELLANEOUS 900099 1977524 1977524 5058115 1694109 1694109 0 0 666555 588597 77958 0 77958 77958 279948582 270691733 9256849 9256849 9256849 167239 292988 140937 26302 26302 0 0 0 0 0 0 Income in Newbury Equity Partners 900099 6003 8 5995 Income in Montauk TF 900099 112366 -10140 122506 Income in NB Crossroads 900099 221397 221397 479148 2338 476810 818914 43988048 5058115 -7794 11881926 X 18986098 18986098 3999259 3999259 0 0 197205 133269 63936 0 3162943 2686743 196643 279557 0 0 0 0 0 62372 62372 0 0 368333 368333 10364 10364 9090 9090 62623 62623 0 0 0 15571 15571 0 0 0 0 0 0 UNCOLLECTIBLE PLEDGES REC 4992015 4992015 31865873 30797384 691284 377205 0 0 23596587 4131293 27956697 27018420 36717 74008 0 0 0 0 1600000 0 0 0 2278522 1323213 5215586 3287856 1793849 1927730 122319900 128772594 10702801 15517171 0 0 0 0 2724152 2283857 193009225 181048286 141138 187827 0 0 805002 620392 0 0 0 0 0 0 0 0 0 0 2990177 1555092 3936317 2363311 X 10765282 10846892 178307626 167838083 189072908 178684975 193009225 181048286 X 12122175 -21571831 -938277 X false true X true false X 21715215 17563231 35839979 24163090 27055801 126337316 0 0 21715215 17563231 35839979 24163090 27055801 126337316 12934942 113402374 3217225 3717135 3357371 2758860 3187372 16237963 0 36847 26302 63149 142638428 24329171 0.79503 0.77570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 114156493 7089570 -9617222 5833653 105795188 87643305 8249344 23648788 5384944 114156493 89101918 4797819 -1266616 4989816 87643305 86939068 2472405 4389493 4699048 89101918 80246093 4320662 6824238 4451925 86939068 0.02990 0.75900 0.21110 false false 17500 120000 137500 3936468 2674362 1262106 83695 83695 950423 529799 420624 107500 107500 1927730 HEDGE FUNDS 6097166 F PRIVATE EQUITY 9420005 F 15517171 0 FUNDS MANAGED FOR MO STATE UNI 199762 ANNUITY OBLIGATIONS 263734 DUE TO RELATED PARTIES 1091596 1555092 21957750 -21571831 118609 -938277 -22391499 44349249 368333 -729534 -361201 43988048 32345683 118609 729534 848143 31497540 368333 368333 31865873 SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS: THE ENDOWMENT FUNDS PROVIDE SCHOLARSHIP SUPPORT, PROVIDE CRITICAL PROGRAM SUPPORT, FUND ONGOING MAINTENANCE AND EQUIPMENT NEEDS, BRING IN GUEST ARTISTS AND LECTURERS, AND FUND FACULTY GROWTH AND DEVELOPMENT. SCHEDULE D, PART X, LINE 2 UNCERTAIN TAX POSITIONS: 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 XII, LINE 2D AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART VIII, LINE 12: $ (938,277) PLEDGE DISCOUNT SCHEDULE D, PART XII, LINE 4B AMOUNTS INCLUDED ON FORM 990, PART VIII, LINE 12, BUT NOT ON LINE 1: $ (588,597) RENTAL EXPENSES (140,937) SPECIAL EVENT EXPENSES ----------- $ (729,534) SCHEDULE D, PART XIII, LINE 2D AMOUNTS INCLUDED ON FORM 990, PART VIII, LINE 12, BUT NOT ON LINE 1: $ 588,597 RENTAL EXPENSES 140,937 SPECIAL EVENT EXPENSES ----------- $ 729,534 Central America and the Caribbean 0 0 Investments INVESTMENTS 8339903 0 0 0 0 8339903 8339903 true false false false false false MBB GOLF TOURNA 77100 57950 19150 23378 9360 WBB GALA/GOLF 57920 36040 21880 4478 1369 11 325207 198998 126209 6605 49405 21959 800 23583 460227 292988 167239 34461 58765 21959 800 24952 140937 26302 true MISSOURI STATE UNIVERSITY 901 S NATIONAL SPRINGFIELD MO 65897 446000308 GOVT 18986098 SUPPORT 1 SCHOLARSHIPS 1667 3999259 SCHEDULE I, PART I, LINE 2 GRANTEE SELECTION: THE ORGANIZATION PROVIDES SUPPORT FOR MISSOURI STATE UNIVERSITY, ITS RELATED ORGANIZATION. NO OTHER ORGANIZATIONS RECEIVE GRANTS OR ASSISTANCE FROM THE ORGANIZATION. THE FOUNDATION BASES ITS SCHOLARSHIP RECIPIENTS ON MISSOURI STATE UNIVERSITY'S CRITERIA OF NEED AND EDUCATIONAL ACHIEVEMENTS. THIS CRITERIA ENFORCES A NON-DISCRIMINATORY POLICY. X true true false false false false false false false false W BRENT DUNN EXECUTIVE DIRECTOR 97415 64944 0 0 559 372 23644 15762 11651 7768 133269 88846 0 0 STEPHEN C FOUCART TREASURER 25505 144528 0 0 142 804 5952 33728 1150 6520 32749 185580 0 0 SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS: THIS WAS RECEVIED BY BRENT DUNN AS NON-TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 3 EXECUTIVE COMPENSATION: MISSOURI STATE UNIVERSITY, A RELATED ORGANIZATION, USES APPROVAL BY THE BOARD TO DETERMINE THE COMPENSATION OF EXECUTIVE DIRECTOR, BRENT DUNN. X 18 3130 APPRAISAL X 34466 FMV X 56250 FMV X 1 1217575 FMV X 37 583467 AVG HIGH/LOW X 19 8729 FMV X 2 10153 FMV X AUCTION ITEMS 890 70110 FMV X EQUIP & SUPPLIES 39 54107 FMV X HORSE 1 3000 APPRAISAL 23 false true true SCHEDULE M, PART I, COLUMN B NUMBER OF CONTRIBUTORS: THE NUMBER OF CONTRIBUTIONS PROVIDED IS BASED UPON THE NUMBER OF CONTRIBUTORS. SCHEDULE M, PART I, LINE 32B THIRD PARTIES USED TO SOLICIT, PROCESS OR SELL NONCASH CONTRIBUTIONS: THE ORGANIZATION USES THIRD PARTY REALTORS TO ASSIST IN SELLING NONCASH GIFTS OF REAL ESTATE. FORM 990, PT V, LINE 2A; PT VII, SECTION A; & PT IX, LINES 5 & 7 COMMON PAYMASTER ARRANGEMENT AND SALARIES: A RELATED ORGANIZATION, MISSOURI STATE UNIVERSITY (MSU), FILES ALL W-2 FORMS AND PAYS ALL PAYROLL TAXES AND BENEFITS ON BEHALF OF THE FOUNDATION. THE AMOUNT REPORTED ON PART V, LINE 2A, IS THE NUMBER OF W-2 FORMS FILED FOR THOSE WHO WORK PRIMARILY FOR THE FOUNDATION. THE AMOUNTS LISTED IN COLUMN D OF PART VII, SECTION A, WERE PAID THROUGH MSU AND ARE FOR THE EXECUTIVE DIRECTOR, WHO IS ESTIMATED TO WORK APPROXIMATELY 60% FOR THE FOUNDATION; THE TREASURER, WHO IS ESTIMATED TO WORK APPROXIMATELY 15% FOR THE FOUNDATION; AND, THE SECRETARY, WHO IS ESTIMATED TO WORK APPROXIMATELY 35% FOR THE FOUNDATION. OTHER SALARIES AND WAGES ON PART IX, LINE 7, IS THE AMOUNT OF SALARIES ALLOCATED FOR DUTIES PERFORMED FOR THE ORGANIZATION AS CONTRIBUTED PERSONNEL SERVICES, REDUCED BY THE AMOUNT REPORTED ON PART IX, LINE 5, FOR THE EXECUTIVE DIRECTOR, TREASURER AND SECRETARY. FORM 990, PART VI, LINE 1A GOVERNING BODY AND MANAGEMENT: THE GOVERNING BODY DELEGATED BROAD AUTHORITY TO AN EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MET MULTIPLE TIMES DURING THE YEAR, WHEREAS THE FULL GOVERNING BODY MET BIANNUALLY. ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE WERE RATIFIED BY THE GOVERNING BODY AT A BIANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 2 BOARD RELATIONSHIP: JOHN FOSTER AND ROBERT FOSTER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6, 7A & 7B MEMBERS: THE ORGANIZATION ALLOWS FOR UP TO 250 TRUSTEES. AMONG THE TRUSTEES' RESPONSIBILITIES ARE THE ELECTION OF MEMBERS OF THE EXECUTIVE COMMITTEE AND AMENDMENT OF THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. THE PUBLIC DISCLOSURE COPY OF THE FORM 990 WILL INITIALLY BE INTERNALLY REVIEWED. AFTER THIS REVIEW, THE PUBLIC DISCLOSURE COPY OF THE FORM 990 WILL BE PRESENTED TO THE GOVERNING BODY. THIS WILL ALLOW THE OPPORTUNITY FOR MEMBERS TO ASK QUESTIONS, MAKE COMMENTS, OR REQUEST CHANGES BEFORE THE FILING OF THE FINAL FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY COMPLIANCE: ANNUAL STATEMENTS ARE GIVEN TO THE BOARD OF DIRECTORS REQUIRING ACKNOWLEDGEMENT THAT EACH DIRECTOR HAS READ THE CONFLICT OF INTEREST POLICY AND AGREES TO COMPLY WITH THE POLICY. IF, AT ANY TIME SUBSEQUENT TO THE STATEMENT, A CONFLICT WERE TO ARISE, THE DIRECTOR IS THEN REQUIRED TO NOTIFY THE CHAIR AND EXECUTIVE DIRECTOR IN WRITING. ADDITIONALLY, THE ORGANIZATION SENT OUT A QUESTIONNAIRE PROVIDED BY THE INDEPENDENT ACCOUNTANT TO COMPLY WITH THE 990 REPORTING REQUIREMENTS. WHEN IT IS PROPOSED THAT THE FOUNDATION ENGAGE IN A BUSINESS TRANSACTION, INCLUDING ACCEPTANCE OF ANY GIFT FROM A THIRD PARTY, ANY DIRECTOR WHO HAS ANY DIRECT OR INDIRECT INTEREST IN THE TRANSACTION MUST MAKE A FULL DISCLOSURE OF SUCH INTEREST TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND WILL REFRAIN FROM ALL DELIBERATIONS OR VOTES TAKEN IN REGARD TO SUCH TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT AVAILABILITY: THE ARTICLES OF INCORPORATION, BYLAWS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST ON SITE, BY MAIL, BY FAX, OR BY E-MAIL. THE FINANCIAL STATEMENTS ARE PUBLISHED IN THE AUDITED FINANCIAL REPORT, WHICH IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: $ (938,277) PLEDGE DISCOUNTS MISSOURI STATE UNIVERSITY 901 S NATIONAL SPRINGFIELD MO 65897 446000308 UNIVERSITY MO NONE false false true false false false false false false false true false false false true true true false false false