2025-05-12T13:17:48+00:00 2024-06-30 440160260 Forvis Mazars LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2023-07-01 486088461 EMPORIA STATE UNIVERSITY FOUNDATION EMPO 6203415440 1500 HIGHLAND STREET EMPORIA KS 66801 JASON DRUMMOND CEO/PRESIDENT 6203415440 2025-05-12 true true Michael Engle P00482834 8162216300 2025-05-12 2023 2025-03-06 01:10:19Z JASON DRUMMOND 1500 HIGHLAND STREET EMPORIA KS 66801 33784281 false X WWW.EMPORIA.EDU/FOUNDATION-GIVING/ X 1952 KS INSPIRING PHILANTHROPY TO CHANGE LIVES AT EMPORIA STATE UNIVERSITY. 15 15 46 51 -51145 0 16628420 7957548 0 0 5200333 4929653 1743053 2027003 23571806 14914204 6439693 7569910 0 2011843 2360332 32886 31623 1857069 1415434 1273458 9899856 11235323 13671950 3678881 150852724 159783771 2119170 1949778 148733554 157833993 RAISING AND MANAGING PHILANTHROPIC RESOURCES TO ADVANCE THE MISSION OF EMPORIA STATE UNIVERSITY. false false 7569910 7569910 0 SCHOLARSHIPS, GRANTS AND PAYMENTS TO EMPORIA STATE UNIVERSITY FOR GROWTH AND DEVELOPMENT OF CAMPUS AND ACADEMIC ACTIVITIES. 188101 0 0 VARIOUS RELATED EXPENSES INCURRED IN THE OPERATION OF THE FOUNDATION PROGRAM TO PROVIDE SCHOLARSHIPS AND PROMOTE THE GROWTH OF EMPORIA STATE UNIVERSITY. 7758011 true true false false true false true false true true true false true true false true false false false true false false true false false false true true true false false false false false false false false true false false false false true true false false false true 22 0 true 46 true true true false false false false true true false false false false false false false false false X 15 15 false false false false false true false true true false false false true true true true true true false false KS X NICOLE MOCK 6203415440 1500 HIGHLAND ST EMPORIA KS 66801 DENISE KRUSE EXECUTIVE MEMBER, VICE CHAIR 1.0 0.0 X X 0 0 0 GREG KOSSOVER EXECUTIVE MEMBER, 2ND VICE CHAIR 1.0 0.0 X X 0 0 0 JASON FANNING EXECUTIVE MEMBER, CHAIR 1.0 0.0 X X 0 0 0 ALEX MCDANIEL EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 ANGEL ZIMMERMAN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 ANGELA WATSON EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 CARLA SMITH EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 COLLEEN MITCHELL EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 JOHN KUDLACEK EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 JOHN STIBAL EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 LINDA HURT EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 MICHAEL GONZALES EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 MUHAMMAD NASHATIZADEH EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 ROSS BJORK EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 WALTER BROWN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 CHELSEA WILTZ CORPORATE SECRETARY 40.0 0.0 X 47825 0 20535 JENNIFER SAUDER CORPORATE TREASURER 45.0 0.0 X 91726 0 32490 SHANE SHIVLEY FOUNDATION PRESIDENT 45.0 0.0 X 182064 0 34974 BETHANY TEGTMEIER VP OF DEVELOPMENT 40.0 0.0 X 130824 0 32763 JENNIFER DENTON VP OF STEWARDSHIP & ADMINISTRATION 40.0 0.0 X 140332 0 34566 592771 0 155328 3 false true false EVERTRUE INC PO BOX 844788 BOSTON MA 02284 DONOR MANAGEMENT 154571 MERCER INVESTMENT COUNSULTING INC 21875 NETWORK PL CHICAGO IL 606731218 INVESTMENT SERVICES 119680 2 225000 7732548 816341 7957548 0 0 0 0 0 2684932 2684932 22390 22390 6000 0 6000 0 6000 6000 21114798 18870077 2244721 0 2244721 2244721 PARTNERSHIP INCOME 900099 1973722 -51145 2024867 OTHER INCOME 900099 24891 24891 0 0 0 0 1998613 14914204 0 -51145 7007801 3868854 3868854 3701056 3701056 436656 357827 78829 1499428 77185 503919 918324 97519 1886 39342 56291 226415 2427 91710 132278 100314 1591 32720 66003 4374 4374 79050 79050 31623 31623 137772 137772 0 0 0 0 90620 560 19768 70292 492214 54948 181994 255272 52637 6253 39052 7332 124966 56673 68293 15407 15407 73063 22588 26728 23747 27495 5256 22239 BAD DEBT 146922 146922 MISCELLANEOUS 28938 27075 1863 0 0 0 0 11235323 7758011 1620243 1857069 1256714 1739150 973938 1799974 12731773 7155376 294 924 0 0 0 0 176400 160762 56430 9019 3732982 2046894 1746311 1686088 70777107 83869244 49199242 48395352 78449 87336 13856066 14880546 150852724 159783771 751456 690659 0 0 0 0 391358 365279 976356 893840 2119170 1949778 X 12310844 13573632 136422710 144260361 148733554 157833993 150852724 159783771 X 3678881 4549063 872495 X false true X true false X 7798503 9512259 8653345 16628420 7957548 50550075 0 0 7798503 9512259 8653345 16628420 7957548 50550075 10807094 39742981 2132697 4125076 1945746 2081910 2713322 12998751 0 1323818 2033390 3247020 1824479 2049758 10478465 74027291 0 0.5369 0.5878 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - PARTNERSHIP INCOME, COLUMN A - 1295895.0, COLUMN B - 1725379.0, COLUMN C - 3208549.0, COLUMN D - 1797198.0, COLUMN E - 2024867.0, COLUMN F - 10051888.0; DESCRIPTION - MISCELLANE OUS INCOME, COLUMN A - 27923.0, COLUMN B - 308011.0, COLUMN C - 38471.0, COLUMN D - 27281.0, COLUMN E - 24891.0, COLUMN F - 426577.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20 293459 233891 1975249 true true 17225 X X X false 99892170 2089683 7972408 2787923 973923 1759116 104433299 97388972 2179285 5692231 2796125 920875 1651318 99892170 100787819 3432354 -4134001 2058377 638823 0 97388972 79028761 2403679 23600078 2070000 581300 1593399 100787819 79116123 3454750 893324 2001800 572800 1860836 79028761 0.0363 0.6711 0.2926 false false 313263 313263 483686 2753205 1904251 1332640 165603 142643 22960 17225 17225 1686088 FUNDS OF HEDGE FUNDS 16624793 F PRIVATE EQUITY FUNDS 26279266 F REAL ESTATE PARTNERSHIPS 5491293 F 48395352 CSV LIFE INSURANCE 848164 BENEFICIAL INTEREST IN TRUSTS 14032382 14880546 ANNUITY & TRUST OBLIGATIONS 893840 893840 20197990 4549063 872495 5421558 14776432 137772 0 137772 14914204 11097551 0 0 11097551 137772 0 137772 11235323 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 III, Line 4 Collections of art - description of collections THE FOUNDATION HOLDS OWNERSHIP OF 2 CEMETERY LOTS AND SIDE-COMPANION CRYPTS. ALL ITEMS ARE TO BENEFIT SCHOLARSHIPS FOR ESU STUDENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT FUNDS ARE HELD FOR THE BENEFIT OF EMPORIA STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS AND ASSISTANCE WITH OPERATING EXPENSES. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CHANGE IN BENEFICIAL INTERESTS OF PERPETUAL TRUST - 858165 ACTUARIAL GAIN/LOSS - 14330 Central America and the Caribbean 0 0 Investments 13803196 0 0 0 0 0 0 13803196 0 13803196 true false true true false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual X X X X true STEWARDSHIP COUNSELING INC PLANNED GIVING false 31623 -31623 0 31623 -31623 KS true EMPORIA STATE UNIVERSITY 1 KELLOGG CIRCLE EMPORIA KS 66801 481124839 ESU 3793300 UNIVERSITY OPERATIONS ALUMNI ASSOCIATION OF EMPORIA STATE UNIVERSITY 1500 HIGHLAND EMPORIA KS 66801 486115644 501(C)(3) 75554 OPERATIONAL SUPPORT 2 0 SCHOLARSHIPS 1519 3701056 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. UNIVERSITY EXPENDITURES AND SCHOLARSHIPS ARE PROCESSED BY THE UNIVERSITY; THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THESE EXPENDITURES UPON VERIFICATION THAT THE EXPENSE/SCHOLARSHIP MEETS THE RESPECTIVE DONOR'S GIFT CRITERIA, AS DOCUMENTED. X true true X X X false false false false false false false false false SHANE SHIVLEY FOUNDATION PRESIDENT 181666 0 0 0 398 0 15734 0 19240 0 217038 0 0 0 JENNIFER DENTON VP OF STEWARDSHIP & ADMINISTRATION 140023 0 0 0 309 0 12572 0 21994 0 174898 0 0 0 BETHANY TEGTMEIER VP OF DEVELOPMENT 130655 0 0 0 169 0 11704 0 21059 0 163587 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees SOCIAL CLUB DUES ARE PAID FOR THE PRESIDENT TO ENTERTAIN DONORS. ANY PERSONAL USE IS TREATED AS TAXABLE COMPENSATION AND INCLUDED AS WAGES. X 18 661538 Market value X 18 3438 Market value X LIFE INSURANCE 1 151365 Other - CASH SURRENDER VALUE 0 false true true Schedule M, Part I LINES 1-26, COLUMN B THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions A LICENSED REAL ESTATE AGENT IS USED TO SELL DONATIONS OF REAL ESTATE. AN AUCTIONEER (OR AUCTION SERVICE) IS USED TO SELL ALL OTHER NONCASH CONTRIBUTIONS. Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES THE PRESIDENT OF THE FOUNDATION ANNUALLY REVIEWS THE PERFORMANCE AND COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. CBIZ IS UTILIZED FOR A MARKET ANALYSIS OF SIMILAR JOB CLASSIFICATIONS TO DETERMINE COMPENSATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body AT THE BEGINNING OF EACH NEW FOUNDATION CHAIR'S TERM, THE FOUNDATION CHAIR MAY APPOINT UP TO THREE MEMBERS OF THE EXECUTIVE COMMITTEE FROM AMONG THE VOTING TRUSTEES. EACH APPOINTED MEMBER OF THE EXECUTIVE COMMITTEE SHALL SERVE UNTIL THE CONCLUSION OF THE TERM OF THE FOUNDATION CHAIR WHO APPOINTED SUCH MEMBER. Form 990, Part VI, Line 11b Review of form 990 by governing body AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER/CORPORATE TREASURER (OR THEIR DESIGNEE), AND THE CHAIR OF THE AUDIT & RISK MANAGEMENT COMMITTEE OF EMPORIA STATE UNIVERSITY FOUNDATION. ANY QUESTIONS OR CONCERNS THAT THESE INDIVIDUALS HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE PRIOR TO SUBMITTING THE 990 TO THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy EACH YEAR THE TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE ASKED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT. THESE ARE REVIEWED BY THE PRESIDENT OF THE FOUNDATION. THERE IS A COMPLIANCE OFFICER ON THE BOARD THAT IS RESPONSIBLE FOR ADDRESSING ANY ISSUES THAT MAY ARISE THROUGHOUT THE YEAR. IF A CONFLICT ARISES IT IS INVESTIGATED IMMEDIATELY. KEY EMPLOYEES SIGN A CONFLICT OF INTEREST POLICY WITH THE UNIVERSITY. THESE ARE MONITORED THROUGH EMPORIA STATE UNIVERSITY. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE PRESIDENT OF THE FOUNDATION IS EVALUATED BY A PERFORMANCE REVIEW COMMITTEE MADE UP OF THE THREE BOARD OFFICERS AND THE UNIVERSITY PRESIDENT, WHO ALSO ADJUSTS COMPENSATION AS NEEDED. THIS PROCESS IS DONE ON AN ANNUAL BASIS. CBIZ IS UTILIZED FOR A MARKET ANALYSIS OF SIMILAR JOB CLASSIFICATIONS TO DETERMINE COMPENSATION. Form 990, Part VI, Line 19 Required documents available to the public EACH TRUSTEE GETS A COPY OF THE BY-LAWS. THE PUBLIC CAN RECEIVE A COPY OF THE BYLAWS, THE CONFLICT OF INTEREST POLICY AND THE 990 UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION WEBSITE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN BENEFICIAL INTERESTS OF PERPETUAL TRUST - 858165; ACTUARIAL GAIN/LOSS - 14330; SCHEDULE F, PART I, LINE 3 PASSIVE INVESTMENT HOLDINGS PASSIVE INVESTMENT HOLDINGS ARE MONITORED ON A MONTHLY BASIS BY THE FOUNDATION'S THIRD-PARTY INVESTMENT ADVISOR CONSULTANT. THE FOUNDATION BOARD'S INVESTMENT COMMITTEE REVIEWS THE PASSIVE INVESTMENT HOLDINGS ON A QUARTERLY BASIS AND REPORTS ANY SUBSTANTIAL ACTIVITY TO THE EXECUTIVE COMMITTEE. CHARITABLE REMAINDER TRUST (5) TRUST KS EMPORIA STATE UNIVERSITY FOUNDATION true false false false false false false false false false false false false false false false false false false false