2023-10-04T14:16:32-07:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 1188 PADRE DR STE 101 SALINAS CA 93901 990 2021-07-01 237098729 NAVAL POSTGRADUATE SCHOOL FOUNDATION INC NAVA 8316562339 P O BOX 8626 MONTEREY CA 93943 RICH PATTERSON CEO 2023-10-04 true RICH PATTERSON 999009999 Kiely Holcomb CPA MST P01430569 8317596300 3 AAL1 IAL1 FAL1 2021 2023-04-26 12:10:37Z RICH PATTERSON 6028947 false X www.npsfoundation.org X 1970 CA TO SUPPORT, PROMOTE AND ADVANCE THE MISSION OF THE NAVAL POSTGRADUATE SCHOOL BY WORKING WITH SCHOOL LEADERSHIP TO IDENTIFY STRATEGIC INSTITUTIONAL PRIORITIES. 28 28 11 143 0 3960466 4538148 0 129841 198012 -110411 -787895 3979896 3948265 345849 92682 0 966820 1171708 0 709288 697330 3966093 2009999 5230483 1969897 -1282218 11664681 10669568 291749 1382381 11372932 9287187 THE FOUNDATION AT THE NAVAL POSTGRADUATE SCHOOL IS A NONPROFIT 501 (C) (3) ORGANIZATION WHOSE MISSION IS TO SUPPORT, PROMOTE AND ADVANCE THE MISSION OF THE NAVAL POSTGRADUATE SCHOOL BY WORKING WITH SCHOOL LEADERSHIP TO IDENTIFY STRATEGIC INSTITUTIONAL PRIORITIES, AND BY RAISING, MANAGING AND DISBURSING PRIVATE GIFTS THAT PROVIDE THE MARGIN OF EXCELLENCE FOR CONTINUING EDUCATIONAL AND INTELLECTUAL DISCOURSE IN AREAS OF STRATEGIC CONSEQUENCE AT THE NATIONS PREEMINENT NATIONAL DEFENSE RESEARCH UNIVERSITY. THIS MISSION IS ACCOMPLISHED THROUGH FOUR DISTINCT PILLARS: RESEARCH FUNDING, INSTITUTIONAL ADVANCEMENT, COMMUNITY OUTREACH AND STUDENT AND FACULTY RECOGNITION. THE FOUNDATION IS COMMITTED TO SERVING THE STUDENTS, FACULTY, STAFF AND COMMUNITY OF THE NAVAL POSTGRADUATE SCHOOL. false false 3990622 92682 The Naval Postgraduate School (NPS) Foundation serves the almost 2,500 Naval Postgraduate School students (and their families) at any given time, the nearly 1,000 faculty and staff members and community members. employed by NPS at any given time. The NPS student body is made up of 88% active-duty service members from the U.S. six armed services and 225 international students from over 50 partner nations. Over 75% students live in the Monterey area, remaining in surrounding communities.Since 2009, the NPS Foundation has supported recreational clubs, numbering 14, at no charge to NPS student and alumni, and for a one-time $100 fee to faculty members which includes membership to all recreational clubs. This fee is a significant discount to local clubs, which charge annual fees for individual club memberships. The recreational clubs focus on creating a sense of community for Foundation members, particularly students. Over 900 members of the NPS community participate in the clubs fostering relationships at NPS and with the surrounding community. the NPS Foundation headquarters serves as an event space and meeting place for clubs, many of which hold weekly meetings during lunch hours or immediately after classes. In Fiscal Year 2022, the NPS Foundation provided over $60,000 in support of recreational clubs. In 2018, the NPS Foundation relaunched the NPS Alumni Association under an addendum to the MOU to establish, maintain, and cultivate among NPS graduates an enduring sentiment of regard and attachment for one another and NPS. There are currently over 10,000 total members of the NPS Foundation & Alumni Association, including 1,600 current student members.The Quarterly Academic and Faculty and Staff Awards sponsored by NPS Foundation recognize excellence in both students and faculty across multiple departments at a cost of over $80,000 annually. The NPS Foundation also supports the Awards and Graduation receptions at an average of $8,000 per quarter and over $32,000 annually.Currently supported NPS research initiatives include:1) The NPS Foundation has invested over $1.75 million since April 2020 for the planning and development of the Naval Innovation Center at NPS vision and has committed to work alongside NPS in the advocacy, development and funding of a Naval Innovation Center at NPS through its completion. Combining the latest in architectural initiatives and immersive technology, the Naval Innovation Center at NPS will be an incubator for advanced warfighting solutions up to the classified level. It will also enhance NPS education and research and serve as a resource for the Department of the Navy and the Naval Research and Development Enterprise.(2) The planned Human Enhancement Research Group (HERG), a center for research andinnovation in human enhancement at NPS, will conduct human performance researchthat will help keep our service members combat-ready. Over $1.2 million has beenraised to fund the infrastructure of the Operational Readiness Research Center, one of three pillars of the HERG, which will educate and train students in effective techniques to enhance functional capacity, strength, recovery and agility.(3) Project Athena is a collaborative research application built to empower researchers, sponsors and leaders at the NPS and across the Naval Education Enterprise and the Department of Defense to access and query information currently stored in numerous separate databases by use of keywords, topics of interest, service priorities and other filters. During the 2022 fiscal year, the NPS Foundation has invested over $550,000 and thousands of volunteer hours on the design, development and hosting of Athena. In June 2022, Athena 1.0 was gifted to and accepted by the Naval Postgraduate School and will be available to the NPS student body in early to mid 2023. Athena 2.0 is currently in beta testing on the NPS Foundation tenant, using NPS community input to improve the product and add new features.(4) Since 2015, the NPS Foundation has provided financial support to 40+ early-stageresearch and development projects at NPS through its Defense Innovation Fund andSeed Program. Projects focus on improving national security, increasing warfightingcapabilities, and addressing military inefficiencies. The program allows NPS students to partner with professors to turn ideas into action. In Fiscal Year 2022, the NPS Foundation provided $629,222 in support through the Defense Innovation Fund.Building #283 serves as a convening place for visiting research sponsors and industry partners to advance current and potential research projects.(5) Under the addendum to the MOU of 2017 (Attachment 1a), the NPS Foundation hassponsored over a dozen research fellowships at NPS, facilitating ongoing research inSecurity Studies, enriching existing curricula, and infusing new ideas in the classrooms of NPS. the NPS Foundation provided over $225,000 in support of the program and supported three fellows during the 2022 fiscal year.The NPS Foundation is dedicated to advocating for and supporting NPS and its students, faculty and alumni. Over the last five years, the NPS Foundation has contributed an average of $2,270,886 annually in direct and indirect support to enrich the NPS mission and functions of our commitment to NPS students and alumni. 3990622 true true false false false false false false false true true false false false false true true false false false false false false false true false false true true true false false false false false false false false true false false false false false false false false true 26 0 true 11 true false false false false false false false 0 false false false false false false false X 28 28 false false false false false false false true true false false true true true true true true true true false CA X RICH PATTERSON 8316562427 NAVAL POSTGRADUATE SCHOOL MONTEREY CA 93940 RICHARD PATTERSON CEO 40.00 0.00 X 231554 0 102991 TODD LYONS VP, RESEARCH 40.00 0.00 154909 0 10960 MICHAEL MORGAN Trustee 2.00 0.00 X 0 0 0 GARY COUGHLAN Trustee 2.00 0.00 X 0 0 0 RICHARD ELSTER Trustee 2.00 0.00 X 0 0 0 KAREN HARGROVE Trustee 2.00 0.00 X 0 0 0 JULIE ROTH SEC/TREASURER 2.00 0.00 X X 0 0 0 CRAIG JOHNSON Trustee 2.00 0.00 X 0 0 0 SUSAN MONTGOMERY Trustee 2.00 0.00 X 0 0 0 DANIEL OLIVER Trustee 2.00 0.00 X 0 0 0 HANK PLAIN Chairman 2.00 0.00 X X 0 0 0 DAVID RICE Trustee 2.00 0.00 X 0 0 0 ANDREW ROSENBERG Trustee 2.00 0.00 X 0 0 0 MICHAEL SHUTE Trustee 2.00 0.00 X 0 0 0 WILLIAM TYLER III Trustee 2.00 0.00 X 0 0 0 THOMAS PRESCOTT Trustee 2.00 0.00 X 0 0 0 LEONARD RIGGS JR Trustee 2.00 0.00 X 0 0 0 ROBERT SKINNER Trustee 2.00 0.00 X 0 0 0 EVAN ALLEN Trustee 2.00 0.00 X 0 0 0 NORMAN WESLEY Trustee 2.00 0.00 X 0 0 0 CHRIS FUSSELL Trustee 2.00 0.00 X 0 0 0 KENNETH BEALL Trustee 2.00 0.00 X 0 0 0 LISA LAPIN Trustee 2.00 0.00 X 0 0 0 STEVEN LERMAN Trustee 2.00 0.00 X 0 0 0 SCOTT NEGRI Trustee 2.00 0.00 X 0 0 0 WILLIAM O'DONNELL JR Trustee 2.00 0.00 X 0 0 0 JAMES CAREY Trustee 2.00 0.00 X 0 0 0 ROBERT JAUNICH Trustee 2.00 0.00 X 0 0 0 MARK KAUFMAN Trustee 2.00 0.00 X 0 0 0 ANDREW PAUL Trustee 2.00 0.00 X 0 0 0 386463 113951 2 false true false TWO BY FOUR LTD 10N DEARBORN STREET SUITE 1000 CHICAGO IL 60602 ADVERTISING 106950 1 3750 3130932 1403466 1117700 4538148 0 198012 198012 0 0 0 0 1098446 3130932 1974237 -875791 -875791 0 176966 106445 70521 70521 OTHER INCOME 611710 17375 17375 17375 3948265 17375 -607258 27795 27795 64887 64887 0 0 514072 270885 25703 217484 0 487832 317763 42118 127951 22231 13015 2524 6692 81997 48727 8980 24290 65576 41078 4740 19758 0 3205 3205 70641 70641 0 0 35165 35165 125755 6494 119261 65308 65308 56157 16154 37165 2838 93611 88243 5368 0 53664 53664 119925 96205 23720 0 0 0 0 8377 8377 13431 13431 SCHOOL FUNDING EXPENSE 3059545 3059545 ALUMNI ASSOCIATION 67152 67152 Club Expense 61885 61885 CATERING 57463 57463 74809 1736 33918 39155 5230483 3990622 530573 709288 468569 1257418 26113 26129 2904478 1861936 24000 945100 0 0 0 37200 64317 32052 0 139406 87689 60094 51717 6695940 6039991 354368 422960 0 0 1061867 0 11664681 10669568 191749 1382381 100000 291749 1382381 X 8785470 7288960 2587462 1998227 11372932 9287187 11664681 10669568 -1282218 -903568 100041 X false true X true false X 3269242 1185152 4041324 3960466 4538148 16994332 0 23820 23820 47640 23820 48155 167255 3293062 1208972 4088964 3984286 4586303 17161587 3657190 13504397 192700 198809 213904 129841 198012 933266 56631 39063 13741 109435 0 18204288 133764 0.74180 0.76360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2303797 -100998 50182 2152617 1973241 365995 35439 2303797 1946097 220124 192980 1973241 2161581 1236 -169529 47191 1946097 1956677 324920 120016 2161581 0.19000 0.44000 0.37000 false false false 55325 13498 41827 45735 35845 9890 38346 38346 51717 X 3109573 -903568 100041 -803527 3913100 35165 35165 3948265 5195318 5195318 35165 35165 5230483 Part V, Line 4: Intended uses of the endowment fund. Donor restricted endowment funds are to be used for donor specified uses and board designated endowment funds are to be used for any uses approved by the board. Part X : FIN48 Footnote The Foundation is exempt from federal income taxes under Internal Revenue Code Section 501(c)(3) and from California income taxes under Revenue and Taxation Code Section 23701(d), and is classified as other than a private foundation.Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The Foundations returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed. false GOLF TOURNAMENT 3995228 2913482 1081746 242936 1508139 WINTER BALL 234150 217450 16700 119146 104016 4229378 3130932 1098446 362082 1612155 1974237 -875791 true Del Monte Brass 1 UNIVERSITY CIRCLE MONTEREY CA 93943 GOV'T 5715 0 TO SUPPORT DONEE'S PROGRAMS NAVY SEAL FOUNDATION 1619 D STREET BUILDING 5266 VIRGINIA BEACH VA 23459 311728910 5300 0 TO SUPPORT DONEE'S PROGRAMS UNITED STATES TREASURY 1500 PENNSYLVANIA AVENUE NW WASHINGTON DC 20220 GOV'T 10000 0 TO SUPPORT DONEE'S PROGRAMS 3 0 SCHOLARSHIP AWARDS 35 64887 Grantmaker's Description of How Grants are Used Board approves grant amounts each year. Grants are issued to organizations based on the Foundation's program services and to individuals based on donor requirements. X X false false false false false false false false false RICHARD PATTERSON CEO 231554 102991 334545 TODD LYONS VP, RESEARCH 154909 10960 165869 X TRIPS/VACATIONS 12 350000 FMV X DINNERS 9 596250 FMV X GUN 1 1200 FMV X WINE 6 29250 FMV X JEWELRY 3 41000 FMV X FIRESIDE CHAT 1 100000 FMV false false false Form 990, Part VI, Line 11b: Form 990 Review Process ~THE EXECUTIVE COMMITTEE SHALL HAVE THE RESPONSIBILITY FOR REVIEWING THE FOUNDATION'S FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.~A DRAFT OF THE FORM 990 SHALL BE READY FOR REVIEW BY THE EXECUTIVE COMMITTEE NO LATER THAN ONE MONTH PRIOR TO THE FILING DEADLINE.~AFTER THE DRAFT OF THE FORM 990 HAS BEEN OBTAINED BY THE EXECUTIVE COMMITTEE, THEY HAVE NO MORE THAN TWO WEEKS TO COMPLETE THEIR REVIEW.~IN CONDUCTING THEIR REVIEW OF THE DRAFT OF THE FORM 990, IT IS PREFERRED THAT THE EXECUTIVE COMMITTEE SHALL CONDUCT A TOP-LEVEL OR BIG PICTURE TYPE REVIEW; HOWEVER, IF THE EXECUTIVE COMMITTEE DESIRES OR DEEMS IT NECESSARY TO CONDUCT A MORE DETAILED REVIEW OF THE FORM 990, THEN THEY SHOULD CONTACT THE PREPARER OF THE FORM 990 TO REQUEST COPIES OF THE RELEVANT TAX RETURN WORK PAPERS THEY WOULD LIKE TO SEE.~ONCE THE EXECUTIVE COMMITTEE HAS COMPLETED THEIR INITIAL REVIEW OF THE FORM 990, EITHER A MEETING OR A CONFERENCE CALL SHALL BE SCHEDULED WITH THE PREPARER OF THE FORM 990 (REGARDLESS OF WHETHER THE FORM 990 IS EXTERNALLY OR INTERNALLY PREPARED) TO DISCUSS ANY QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS IDENTIFIED BY THE EXECUTIVE COMMITTEE.~THE PREPARER OF THE FORM 990 SHALL MAKE ANY REVISIONS TO THE FORM 990 AS SOON AS FEASIBLY POSSIBLE TO ENSURE THAT THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE ON A TIMELY BASIS.~ALL OF THE QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS SET FORTH BY THE EXECUTIVE COMMITTEE SHOULD BE DOCUMENTED, ALONG WITH ANY RESPONSES FROM THE PREPARER OF THE FORM 990, IF APPLICABLE.~AFTER THE FORM 990 HAS BEEN REVIEWED BY THE EXECUTIVE COMMITTEE AND FILED WITH THE INTERNAL REVENUE SERVICE, THE EXECUTIVE COMMITTEE SHALL MAKE A PRESENTATION AT THE NEXT FULL BOARD OF TRUSTEES MEETING TO UPDATE THE FULL BOARD REGARDING THE REVIEW OF THE FORM 990; AT THIS MEETING WITH THE FULL BOARD OF TRUSTEES, IT IS NOT REQUIRED FOR THE EXECUTIVE COMMITTEE TO REVIEW ALL THEIR QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS; A SUMMARY OF THEIR IMPORTANT POINTS WILL BE SUFFICIENT. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ~DUTY TO DISCLOSE~~IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, INTERESTED PERSONS MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTERESTS AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE EXECUTIVE COMMITTEE OF THE FOUNDATION WHEN THE EXECUTIVE COMMITTEE CONSIDERS A PROPOSED TRANSACTION OR ARRANGEMENT.~ADDRESSING THE CONFLICT OF INTEREST~~THE PRESIDING OFFICER OF THE EXECUTIVE COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT.~AFTER EXERCISING DUE DILIGENCE, THE EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST.~IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THEN THE EXECUTIVE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST OF THE FOUNDATION, AND WHETHER IT IS FAIR AND REASONABLE. ONCE THIS DETERMINATION IS MADE, THE EXECUTIVE COMMITTEE SHALL DECIDE WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT.~VIOLATIONS OF CONFLICT OF INTEREST POLICY~IF THE EXECUTIVE COMMITTEE HAS REASON TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE, IT SHALL INFORM THE MEMBER OF THE BASIS AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INQUIRY, OR THE EXECUTIVE COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE SHALL TAKE APPROPRIATE AND CORRECTIVE ACTION. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management ~THE BOARD DETERMINES AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE INDIVIDUAL WHOSE COMPENSATION IS BEING DETERMINED IS NOT INCLUDED IN THE APPROVAL PROCESS. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees ~DETERMINING REASONABLE COMPENSATION~~THE FOUNDATION SHALL SATISFY THE LEGAL PRESUMPTION OF REASONABLENESS SET FORTH IN THE INTERNAL REVENUE CODE SECTION 4958 REGARDING INTERMEDIATE SANCTIONS, BY FOLLOWING THESE STEPS WHEN DETERMINING THE ANNUAL COMPENSATION FOR ANY FOUNDATION INSIDER:~COMPENSATION ARRANGEMENT SHALL BE APPROVED IN ADVANCE BY INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE. THIS GROUP SHALL BE COMPOSED OF PERSONS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT. THE MEMBERS OF THE GROUP CAN CHANGE DEPENDING UPON THE PERSON WHOSE COMPENSATION IS UNDER REVIEW.~BEFORE MAKING THE REASONABLE COMPENSATION DETERMINATION, THE EXECUTIVE COMMITTEE GROUP SHALL RELY UPON COMPARABILITY DATA (COMPARABILITY DATA INCLUDES COMPENSATION PAID BY COMPARABLE AND SIMILARLY SITUATED ENTITIES) IN DECIDING WHETHER TO APPROVE THE COMPENSATION.~THE EXECUTIVE COMMITTEE MEMBERS SHALL CONTEMPORANEOUSLY DOCUMENT IN WRITING ITS BASIS FOR MAKING ITS REASONABLE COMPENSATION DETERMINATION. THE FOUNDATION UTILIZES A WORKSHEET THAT IS COMPLETED BY THE GROUP WHEN IT CONVENES, AND THE WORKSHEET SHALL SERVE AS THE REQUIRED WRITTEN DOCUMENTATION FOR THE FOLLOWING:~TERMS OF THE APPROVED COMPENSATION AND THE DATE APPROVED.~MEMBERS OF THE EXECUTIVE COMMITTEE GROUP PRESENT DURING DISCUSSIONS ON THE COMPENSATION AMOUNT, THOSE WHO VOTED AND HOW THEY VOTED.~DESCRIPTION OF COMPARABILITY DATA OBTAINED AND RELIED UPON; HOW THE DATA WAS OBTAINED.~ANY ACTIONS BY AN EXECUTIVE COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST (E.G., DISCLOSURE OF CONFLICT OF INTEREST; RECUSAL FROM THE DISCUSSION)~THE REASONABLE COMPENSATION DISCUSSION SHALL BE UNDERTAKEN BY THE EXECUTIVE COMMITTEE MEMBERS ANNUALLY; THE INDIVIDUAL WHOSE COMPENSATION IS BEING DISCUSSED SHALL NOT BE PRESENT DURING SUCH DISCUSSIONS. THE ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE PRESENTED FOR FULL BOARD OF TRUSTEES APPROVAL AT ITS ANNUAL MEETING IN NOVEMBER. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE COPIES OF DOCUMENTS ARE PROVIDED UPON REQUEST.