WICHITA STATE UNIVERSITY FOUNDATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WICHITA STATE UNIVERSITY FOUNDATION (EIN 48-6121167)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-11-15
- IRS object ID
- 202323199349324052
- Schema version
- 2022v5.0
- 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 D
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T17:14:43-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 481041128 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWINDOLL JANZEN HAWK & LOYD LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 W DOUGLAS AVE SUITE 300 | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 486121167 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WICHITA STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WICH | BusinessNameControlTxt |
| Phone | 3169783810 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1845 FAIRMOUNT CAMPUS BOX 2 | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 672600002 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH H KING | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 3169783040 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ELIZABETH | PersonFirstNm |
| Person Last | KING | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ADAM L GRILLIOT CPAPFS | PreparerPersonNm |
| PTIN | P00930960 | PTIN |
| Phone | 3162655600 | PhoneNum |
| Preparation | 2023-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELIZABETH H KING | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1845 FAIRMOUNT CAMPUS BOX 2 | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 672600002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $45,864,887 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | FOUNDATION.WICHITA.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1965 | FormationYr |
| Legal Domicile State | KS | LegalDomicileStateCd |
| Activity Or Mission | FUNDRAISING FOR WSU AND MANAGING THE CONTRIBUTIONS, INVESTMENTS AND DISTRIBUTING SUPPORT TO WSU. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 92 | TotalEmployeeCnt |
| Total Volunteers | 19 | TotalVolunteersCnt |
| Total Gross UBI | $745,839 | TotalGrossUBIAmt |
| PY Contributions Grants | $22,569,238 | PYContributionsGrantsAmt |
| CY Contributions Grants | $23,477,407 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $23,454,815 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,339,823 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,824,174 | PYOtherRevenueAmt |
| CY Other Revenue | $2,999,134 | CYOtherRevenueAmt |
| PY Total Revenue | $48,848,227 | PYTotalRevenueAmt |
| CY Total Revenue | $35,816,364 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,861,065 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,097,761 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,983,528 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,798,884 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,790,179 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $26,744,788 | PYOtherExpensesAmt |
| CY Other Expenses | $26,540,406 | CYOtherExpensesAmt |
| PY Total Expenses | $38,589,381 | PYTotalExpensesAmt |
| CY Total Expenses | $40,437,051 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $10,258,846 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,620,687 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $377,844,366 | TotalAssetsBOYAmt |
| Total Assets EOY | $374,335,716 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $18,589,553 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,001,941 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $359,254,813 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $358,333,775 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE WICHITA STATE UNIVERSITY FOUNDATION, AS THE PRIVATE FUND RAISING ORGANIZATION OF THE UNIVERSITY, SEEKS TO ADVANCE THE MISSION OF THE UNIVERSITY BY IDENTIFYING, CULTIVATING AND SOLICITING PRIVATE SUPPORT FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS. PRIVATE CONTRIBUTIONS ARE NECESSARY TO SUPPORT THE PROGRAMS AND VISION OF THE UNIVERSITY. ITS PRIVATE STATUS ENSURES THE DONOR'S RIGHT OF ANONYMITY AND ITS ABILITY TO SUPPORT THE UNIVERSITY'S MISSION. THE FOUNDATION FURTHER SEEKS TO BUILD AND FOSTER RELATIONSHIPS WITH INTERNAL AND EXTERNAL CONSTITUENCIES, WHICH MUTUALLY BENEFIT THE UNIVERSITY, THE WICHITA COMMUNITY, AND THE STATE OF KANSAS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $8,097,761 | ExpenseAmt |
| Grant | $8,097,761 | GrantAmt |
| Desc | THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS FOR USE IN ATTENDING WICHITA STATE UNIVERSITY IN ACCORDANCE WITH PROVISIONS ESTABLISHED BY THE DONOR. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $24,954,670 | ExpenseAmt |
| Desc | THE FOUNDATION PROVIDES FOR FACULTY SALARY SUPPORT, DEPARTMENTAL OPERATING EXPENSES, AND BUILDING CONSTRUCTION AND MAINTENANCE IN ACCORDANCE WITH DONOR RESTRICTIONS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $33,052,431 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | Yes (true) | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 188 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 92 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN BARRETT | PersonNm |
| Phone | 3169783810 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1845 FAIRMOUNT | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 672600002 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 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 |
|---|---|---|---|---|---|---|---|
| ELIZABETH H KING | |||||||
| PRESIDENT/CE | 60.00 | Yes (X) | Yes (X) | $425,589 | $0 | $50,098 | |
| SUSAN BARRETT | |||||||
| VP FOR FINAN | 55.00 | Yes (X) | $210,646 | $0 | $52,887 | ||
| J MICHAEL LAMB | |||||||
| VP FOR PLANN | 45.00 | $189,656 | $0 | $43,970 | Yes (X) | ||
| DARIN KATER | |||||||
| VP OF DEVELO | 45.00 | $187,354 | $0 | $36,182 | Yes (X) | ||
| PAMELA AMMAR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DON BARRY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAYN BRANDES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WAYNE CHAMBERS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF DEGRAFFENREID | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JUNETTA EVERETT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK FINUCANE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KELLI HARRISON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SHADI MARCOS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JANE MCHUGH | |||||||
| AUDIT COMMIT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LYNN NICHOLS | |||||||
| CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARILYN PAULY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN PEARE | |||||||
| PAST BOARD C | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SHAWN PENNER | |||||||
| TREASURER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN ROLFE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAY SMITH | |||||||
| CHAIR-ELECT | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MAGGIE TOPPING | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SHERYL WOHLFORD | |||||||
| SECRETARY | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,013,245 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $183,137 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DONDLINGER & SONS CONSTRUCTION CO | |||||
| PO BOX 398 | WICHITA | KS | 67201 | CONSTRUCTION | $3,913,852 |
| CLARK HUESEMANN LC | |||||
| 927 1/2 MASSACHUSETTS ST | LAWRENCE | KS | 66044 | ARCHITECTRUAL | $487,915 |
| GLMV ARCHITECTURE INC | |||||
| 1525 E DOUGLAS AVE | WICHITA | KS | 67211 | ARCHITECTURAL | $279,315 |
| GASTINGER & WALKER ARCHITECTS INC | |||||
| 817 WYANDOTE | KANSAS CITY | MO | 64105 | ARCHITECTURAL | $162,873 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $3,346,323 | RelatedOrganizationsAmt |
| All Other Contributions | $20,131,084 | AllOtherContributionsAmt |
| Noncash Contributions | $3,083,435 | NoncashContributionsAmt |
| Total Contributions | $23,477,407 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,469,993 | TotalRevenueColumnAmt |
| Exclusion | $3,469,993 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,918,353 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,048,523 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,869,830 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,869,830 | TotalRevenueColumnAmt |
| Exclusion | $5,869,830 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER INCOME | 611710 | $2,253,295 | $2,253,295 | |
| NGP NATURAL RESOURCES XI, LP | 900099 | $464,154 | $464,154 | |
| MAIZE AVENUE, INC | 900099 | $184,250 | $184,250 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $97,435 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $97,435 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,999,134 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,816,364 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,253,295 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $745,839 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,339,823 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,097,761 | TotalAmt |
| Program Services | $8,097,761 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $644,991 | TotalAmt |
| Program Services | $141,248 | ProgramServicesAmt |
| Management And General | $271,244 | ManagementAndGeneralAmt |
| Fundraising | $232,499 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,872,740 | TotalAmt |
| Program Services | $44,200 | ProgramServicesAmt |
| Management And General | $1,594,427 | ManagementAndGeneralAmt |
| Fundraising | $2,234,113 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $969,128 | TotalAmt |
| Management And General | $417,349 | ManagementAndGeneralAmt |
| Fundraising | $551,779 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,025 | TotalAmt |
| Program Services | $12,808 | ProgramServicesAmt |
| Management And General | $128,856 | ManagementAndGeneralAmt |
| Fundraising | $170,361 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $298,145 | TotalAmt |
| Management And General | $298,145 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,016 | TotalAmt |
| Program Services | $34,016 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| UNIVERSITY SUPPORT | $24,662,847 | $23,235,157 | $826,263 | $601,427 |
| PROFESSIONAL FEES | $1,508,626 | $1,450,469 | $58,157 | |
| GENERAL & ADMIN | $36,772 | $36,772 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,437,051 | TotalAmt |
| Program Services | $33,052,431 | ProgramServicesAmt |
| Management And General | $3,594,441 | ManagementAndGeneralAmt |
| Fundraising | $3,790,179 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,812,978 | BOYAmt |
| EOY | $13,957,835 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,489,662 | BOYAmt |
| EOY | $14,236,388 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,154,508 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $990,697 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,110,891 | BOYAmt |
| EOY | $1,163,811 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,241,490 | BOYAmt |
| EOY | $91,962,044 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,486,128 | BOYAmt |
| EOY | $227,507,780 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,703,217 | BOYAmt |
| EOY | $25,507,858 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $377,844,366 | BOYAmt |
| EOY | $374,335,716 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,589,553 | BOYAmt |
| EOY | $16,001,941 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,589,553 | BOYAmt |
| EOY | $16,001,941 | 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 | $13,634,533 | BOYAmt |
| EOY | $17,834,133 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $345,620,280 | BOYAmt |
| EOY | $340,499,642 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $359,254,813 | BOYAmt |
| EOY | $358,333,775 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $377,844,366 | BOYAmt |
| EOY | $374,335,716 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$4,620,687 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,699,649 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,361,074 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,053,425 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,413,934 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,569,238 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,477,407 | CurrentTaxYearAmt |
| Total | $91,875,078 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,361,074 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,053,425 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,413,934 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,569,238 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,477,407 | CurrentTaxYearAmt |
| Total | $91,875,078 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $91,875,078 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,558,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,601,955 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,460,458 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,150,840 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,469,993 | CurrentTaxYearAmt |
| Total | $18,241,496 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $720,416 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $58,529 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $744,839 | CurrentTaxYearAmt |
| Total | $1,523,784 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $111,640,358 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $10,791,251 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.82300 | PublicSupportCY170Pct |
| Public Support PY170 | 0.85400 | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Total Easements | 1 | TotalEasementsCnt |
| Total Acreage | 157.00 | TotalAcreageCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $149,650 | RevenuesIncludedAmt |
| Assets Included | $18,797,175 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $346,513,440 | BeginningYearBalanceAmt |
| Contributions | $18,203,618 | ContributionsAmt |
| Investment Earnings Or Losses | $13,379,576 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,097,761 | GrantsOrScholarshipsAmt |
| Other Expenditures | $27,076,068 | OtherExpendituresAmt |
| End Year Balance | $342,922,805 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $361,346,304 | BeginningYearBalanceAmt |
| Contributions | $22,198,267 | ContributionsAmt |
| Investment Earnings Or Losses | $79,961 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,861,065 | GrantsOrScholarshipsAmt |
| Other Expenditures | $30,250,027 | OtherExpendituresAmt |
| End Year Balance | $346,513,440 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $313,598,305 | BeginningYearBalanceAmt |
| Contributions | $18,604,707 | ContributionsAmt |
| Investment Earnings Or Losses | $56,143,356 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,239,445 | GrantsOrScholarshipsAmt |
| Other Expenditures | $20,760,619 | OtherExpendituresAmt |
| End Year Balance | $361,346,304 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $330,865,225 | BeginningYearBalanceAmt |
| Contributions | $15,735,656 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,169,938 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,015,509 | GrantsOrScholarshipsAmt |
| Other Expenditures | $25,817,129 | OtherExpendituresAmt |
| End Year Balance | $313,598,305 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $311,617,853 | BeginningYearBalanceAmt |
| Contributions | $23,361,325 | ContributionsAmt |
| Investment Earnings Or Losses | $9,259,332 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,811,337 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,561,948 | OtherExpendituresAmt |
| End Year Balance | $330,865,225 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00710 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.32590 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.66700 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $597,175 | OtherCostOrOtherBasisAmt |
| Book Value | $597,175 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $569,141 | OtherCostOrOtherBasisAmt |
| Depreciation | $106,581 | DepreciationAmt |
| Book Value | $462,560 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $988,192 | OtherCostOrOtherBasisAmt |
| Depreciation | $884,116 | DepreciationAmt |
| Book Value | $104,076 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,163,811 | TotalBookValueLandBuildingsAmt |
Financial Derivatives FinancialDerivativesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $101,532,769 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| VENTURE CAPITAL | $101,387,586 | F |
| BENEFICIAL INTEREST IN TRUSTS | $22,106,083 | F |
| INVESTMENT IN MAIZE AVE | $2,481,342 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $227,507,780 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ART COLLECTION | $18,797,175 |
| CSV - LIFE INSURANCE | $5,714,848 |
| LICENSE PLATE FUNDS | $567,684 |
| OTHER ASSETS | $428,151 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $25,507,858 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $39,544,015 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,699,649 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $326,147 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $4,025,796 | RevenueNotReportedAmt |
| Revenue Subtotal | $35,518,219 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $298,145 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $298,145 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $35,816,364 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $40,465,053 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $326,147 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $326,147 | ExpensesNotReportedAmt |
| Expenses Subtotal | $40,138,906 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $298,145 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $298,145 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $40,437,051 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 1, PART II, LINE 9 | NO IMPACT IN FISCAL YEAR 2023. THE CONSERVATION EASEMENT IS ACTUALLY WITH THE UNIVERSITY AND THE REVENUES WILL BE RECEIVED AND SPENT ON THE UNIVERSITY'S BOOKS, NOT ON THE FOUNDATION. THE FOUNDATION OWNS THE PROPERTY FOR THE BIOLOGY DEPARTMENT'S USE. |
| SCHEDULE D, PAGE 2, PART III, LINE 4 | THE ULRICH MUSEUM AND HOLMES ANTHROPOLGY MUSEUM PROVIDE LEARNING OPPORTUNITIES FOR STUDENTS AND FACULTY IN BOTH THE COLLEGE OF FINE ARTS AND LIBERAL ARTS & SCIENCES, WHERE THE ANTHROPOLOGY DEPARTMENT IS LOCATED. THE COLLECTIONS OF BOTH ARE USED BY FACULTY MEMBERS IN TEACHING STUDENTS. THE FOUNDATION'S NONPROFIT STATUS IS TO SERVE AS THE FUNDRAISING ARM OF THE UNIVERSITY WHICH WOULD INCLUDE ANY TOOLS USED BY STUDENTS AND FACULTY. |
| SCHEDULE D, PAGE 2, PART V, LINE 4 | SUPPORT TO WSU THROUGH SCHOLARSHIPS/FELLOWSHIPS, FACULTY SUPPORT, BUILDING PROJECTS, AND OTHER PRIORITIES FOR THE UNIVERSITY. |
| SCHEDULE D, PAGE 3, PART X | THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B) (1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE SINGLE MEMBER LLC DOES NOT INCUR INCOME TAXES; INSTEAD, ITS EARNINGS ARE INCLUDED IN THE FOUNDATIONS INCOME TAX RETURN AND TAXED DEPENDING ON THE FOUNDATIONS TAX SITUATION. THE CONSOLIDATED FINANCIAL STATEMENTS, THEREFORE, DO NOT INCLUDE A PROVISION FOR INCOME TAXES FOR THE LLC. THE ORGANIZATIONS PRESENT ACCOUNTING POLICY FOR THE EVALUATION OF UNCERTAIN TAX POSITIONS IS TO REVIEW THOSE POSITIONS ON AN ANNUAL BASIS. A LIABILITY WOULD BE RECORDED IN THE FINANCIAL STATEMENTS DURING THE PERIOD WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES AND THE LIABILITY WOULD BE INCURRED BY THE FOUNDATION. THE ORGANIZATION DID NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | STUDENT SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 2205 | RecipientCnt |
| Cash Grant | $8,097,761 | CashGrantAmt |
| Valuation Method Used | CASH | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | SEPARATE FUNDS ARE SET UP IN THE FOUNDATION'S FINANCIAL SOFTWARE (BLACKBAUD FINANCIAL EDGE) - THE FOUNDATION MAINTAINS FUND ACCOUNTING TO MONITOR EACH FUNDS ACTIVITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| ELIZABETH H KING | ||||||
| PRESIDENT/CEO | $354,883 | $68,000 | $2,706 | $36,007 | $14,091 | $475,687 |
| SUSAN BARRETT | ||||||
| VP FOR FINANCE AND O | $192,052 | $18,000 | $594 | $17,854 | $35,033 | $263,533 |
| J MICHAEL LAMB | ||||||
| VP FOR PLANNED GIVIN | $170,864 | $18,000 | $792 | $16,121 | $27,849 | $233,626 |
| DARIN KATER | ||||||
| VP OF DEVELOPMENT | $168,838 | $18,000 | $516 | $15,881 | $20,301 | $223,536 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| MARILYN B PAULY | |||
| DIRECTOR | $17,736,357 | BOND FUND INVESTMENT | false |
| JAY SMITH | |||
| DIRECTOR | $21,616,817 | BOND FUND INVESTMENT | false |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $149,650 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL IF OVER 4,999. | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 24 | ContributionCnt |
| Noncash Contributions Rpt F990 | $564,990 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | HIGH LOW AVG DAY RECEIVED | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | ALUMNI ASSOC | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,368,795 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV OF OPERATIONAL ASSETS | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PAGE 1, PART I, LINE 32B | FormAndLineReferenceDesc |
| Explanation | DEACCESSIONED ART IS SOLD BY AN ART AUCTION COMPANY. SECURITIES ARE SOLD BY A BROKERAGE FIRM | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE WICHITA STATE UNIVERSITY FOUNDATION, AS THE PRIVATE FUND RAISING ORGANIZATION OF THE UNIVERSITY, SEEKS TO ADVANCE THE MISSION OF THE UNIVERSITY BY IDENTIFYING, CULTIVATING AND SOLICITING PRIVATE SUPPORT FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS. PRIVATE CONTRIBUTIONS ARE NECESSARY TO SUPPORT THE PROGRAMS AND VISION OF THE UNIVERSITY. ITS PRIVATE STATUS ENSURES THE DONOR'S RIGHT OF ANONYMITY AND ITS ABILITY TO SUPPORT THE UNIVERSITY'S MISSION. THE FOUNDATION FURTHER SEEKS TO BUILD AND FOSTER RELATIONSHIPS WITH INTERNAL AND EXTERNAL CONSTITUENCIES, WHICH MUTUALLY BENEFIT THE UNIVERSITY, THE WICHITA COMMUNITY, AND THE STATE OF KANSAS. |
| FORM 990, PAGE 6, PART VI, LINE 2 | MARILYN B. PAULY BOARD MEMBER JAY SMITH BOARD MEMBER |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S AUDIT COMMITTEE PRIOR TO SUBMITTING THE RETURN TO THE INTERNAL REVENUE SERVICE. THE 990 IS AVAILABLE ON OUR WEBSITE AND OUR BOARD IS APPRISED OF THE OPTION TO REVIEW IT THERE. |
| FORM 990, PAGE 6, PART VI, LINE 12C | POLICY IS REVIEWED ANNUALLY AND FORM IS SIGNED BY EACH DIRECTOR OF THE BOARD THAT THEY UNDERSTAND AND ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD CHAIR AND EXECUTIVE COMMITTEE REVIEW AND APPROVES THE PRESIDENT'S AND CEO'S SALARY. AN ANNUAL COMPARISON OF SALARIES TO THE KS BOARD OF REGENTS INSTITUTIONS AND WASHBURN UNIVERSITY IS PERFORMED. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE ORGANIZATION REVIEWS SALARY POOLS WITH THE EXECUTIVE COMMITTEE AND THE PRESIDENT & CEO REVIEWS THE VP'S SALARY CHANGES WITH THE BOARD CHAIR. AN ANNUAL COMPARISON OF SALARIES TO THE KS BOARD OF REGENTS INSTITUTIONS AND WASHBURN UNIVERSITY IS PERFORMED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | AT THE CURRENT TIME, THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. A COPY OF THE FORM 990 IS AVAILABLE ON THE ORGANIZATION'S WEBSITE AND A COPY OF THE AUDIT IS AVAILABLE UPON REQUEST AS NOTED ON THE WEBSITE. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WSUF REAL ESTATE HOLDING LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1845 FAIRMOUNT CAMPUS BOX 2 | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67260 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | REAL ESTAT | PrimaryActivitiesTxt |
| Legal Domicile State | KS | LegalDomicileStateCd |
| Total Income | $285,264 | TotalIncomeAmt |
| End Of Year Assets | $3,949,520 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WSU FOUND | BusinessNameLine1Txt |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAIZE AVENUE INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1826 SADDLE CREEK | AddressLine1Txt |
| City | WICHITA | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 67209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 480915622 | EIN |
| Primary Activities | REAL ESTAT | PrimaryActivitiesTxt |
| Legal Domicile State | KS | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (true) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAIZE AVENUE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | F | TransactionTypeTxt |
| Involved | $328,350 | InvolvedAmt |
| Method Of Amount Determination | CASH | MethodOfAmountDeterminationTxt |
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