ILLINOIS STATE UNIVERSITY FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ILLINOIS STATE UNIVERSITY FOUNDATION (EIN 37-6025713)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-15
IRS object ID
202541359349313914
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T15:50:07-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN430352985PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KERBER ECK & BRAECKEL LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13200 ROBBINS ROAD STE 200AAddressLine1Txt
CitySPRINGFIELDCityNm
State AbbreviationILStateAbbreviationCd
ZIP62704ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN376025713EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ILLINOIS STATE UNIVERSITY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlILLIBusinessNameControlTxt
Phone3094388901PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 ALUMNI CENTER CAMPUS BOX 8000AddressLine1Txt
CityNORMALCityNm
State AbbreviationILStateAbbreviationCd
ZIP617908000ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJILL WILBERGPersonNm
Person TitleCHIEF OPERATIONS OFFICERPersonTitleTxt
Phone3094383135PhoneNum
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSH C CLARKPreparerPersonNm
PTINP01424717PTIN
Phone2177890960PhoneNum
Preparation2025-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJILL WILBERGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 ALUMNI CENTER CAMPUS BOX 8000AddressLine1Txt
CityNORMALCityNm
State AbbreviationILStateAbbreviationCd
ZIP61790ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$236,991,837GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ADVANCEMENT.ILLINOISSTATE.EDU/ISU-FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1948FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTO ELEVATE ILLINOIS STATE UNIVERSITY THROUGH THE POWER OF PHILANTHROPY.ActivityOrMissionDesc
Voting Members Governing Body27VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$163,236TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$162,236NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$15,891,454PYContributionsGrantsAmt
CY Contributions Grants$22,116,412CYContributionsGrantsAmt
PY Program Service Revenue$83,644PYProgramServiceRevenueAmt
CY Program Service Revenue$2,474,977CYProgramServiceRevenueAmt
PY Investment Income$3,881,296PYInvestmentIncomeAmt
CY Investment Income$10,661,913CYInvestmentIncomeAmt
PY Other Revenue$1,551,553PYOtherRevenueAmt
CY Other Revenue$1,393,987CYOtherRevenueAmt
PY Total Revenue$21,407,947PYTotalRevenueAmt
CY Total Revenue$36,647,289CYTotalRevenueAmt
PY Grants And Similar Paid$11,627,348PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$18,704,532CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,104,742PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,071,640CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,502,863CYTotalFundraisingExpenseAmt
PY Other Expenses$5,883,274PYOtherExpensesAmt
CY Other Expenses$7,218,298CYOtherExpensesAmt
PY Total Expenses$18,615,364PYTotalExpensesAmt
CY Total Expenses$27,994,470CYTotalExpensesAmt
PY Revenues Less Expenses$2,792,583PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$8,652,819CYRevenuesLessExpensesAmt
Total Assets BOY$279,918,849TotalAssetsBOYAmt
Total Assets EOY$304,150,247TotalAssetsEOYAmt
Total Liabilities BOY$6,168,460TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,484,004TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$273,750,389NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$295,666,243NetAssetsOrFundBalancesEOYAmt
MissionTO ELEVATE ILLINOIS STATE UNIVERSITY THROUGH THE POWER OF PHILANTHROPY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$18,704,532ExpenseAmt
Grant$18,704,532GrantAmt
Revenue$3,724,874RevenueAmt
DescASSIST IN DEVELOPING AND INCREASING EDUCATION OPPORTUNITIES AND THE FACILITIES OF THE UNIVERSITY FOR SERVICE TO ITS STUDENTS, ALUMNI, AND CITIZENS OF THE STATE AND NATION BY ENCOURAGING GIFTS OF MONEY AND PROPERTY; ACT AS TRUSTEE OF EDUCATIONAL OR CHARITABLE TRUSTS; ADMINISTER GIFTS, GRANTS, OR LOANS OF MONEY OR PROPERTY.Desc
Total Program Service Expenses$18,704,532TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document98IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members27GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldLAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JILL WILBERGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3094383135PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 ALUMNI CENTER 1101 N MAIN STAddressLine1Txt
CityNORMALCityNm
State AbbreviationILStateAbbreviationCd
ZIP617908000ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ERIC E BURWELL
CHAIRPERSON0.50Yes (X)Yes (X)$0$0$0
MARY ANN WEBB
VICE CHAIRPERSON0.50Yes (X)Yes (X)$0$0$0
ZACHARY FORTSCH
BOARD MEMBER0.50Yes (X)$0$0$0
ANN BAUGHAN
BOARD MEMBER0.50Yes (X)$0$0$0
GREG AYERS
BOARD MEMBER0.50Yes (X)$0$0$0
DAVID L BROWN
BOARD MEMBER0.50Yes (X)$0$0$0
SHARI BUCKELLEW
BOARD MEMBER0.50Yes (X)$0$0$0
BILL ENGLAND
TREASURER0.50Yes (X)Yes (X)$0$0$0
GARY GEMBERLING
BOARD MEMBER0.50Yes (X)$0$0$0
BENJAMIN HART
BOARD MEMBER0.50Yes (X)$0$0$0
COLLEEN KANNADAY
BOARD MEMBER0.50Yes (X)$0$0$0
DAN KELLEY
BOARD MEMBER0.50Yes (X)$0$0$0
JOSEPH LOSS
BOARD MEMBER0.50Yes (X)$0$0$0
JACK NORTH
BOARD MEMBER0.50Yes (X)$0$0$0
THOMAS REEDY
BOARD MEMBER0.50Yes (X)$0$0$0
JOHN RIGAS
BOARD MEMBER0.50Yes (X)$0$0$0
RON THEIN
BOARD MEMBER0.50Yes (X)$0$0$0
CARL SNEED
BOARD MEMBER0.50Yes (X)$0$0$0
DEREK VOGLER
BOARD MEMBER0.50Yes (X)$0$0$0
LARRY WILLIAMS
BOARD MEMBER0.50Yes (X)$0$0$0
TRISH ROARK
BOARD MEMBER0.50Yes (X)$0$0$0
STEVE DENAULT
BOARD MEMBER0.50Yes (X)$0$0$0
JOYCE GILLE GOSSOM
BOARD MEMBER0.50Yes (X)$0$0$0
ED MANLEY
BOARD MEMBER0.50Yes (X)$0$0$0
MICHAEL JONES
BOARD MEMBER0.50Yes (X)$0$0$0
JAMES KNECHT
SECRETARY0.50Yes (X)Yes (X)$0$0$0
JERI BEGGS
BOARD MEMBER (OUTGOING)0.50Yes (X)$0$0$0
ROBERT RUSH JR
BOARD MEMBER0.50Yes (X)$0$0$0
PAT VICKERMAN
EXECUTIVE DIRECTOR37.50Yes (X)$334,330$0$9,568
JILL WILBERG
CHIEF OPERATIONS OFFICER37.50$190,379$0$6,238Yes (X)
JILLIAN YOUNG
DIR. OF STEWARDSHIP AND DONOR RELATIONS37.50$133,391$0$8,698Yes (X)
JOY HUTCHCRAFT
EXEC. DIR. OF DEVELOPMENT37.50$151,084$0$3,618Yes (X)
MARK WUNDER
ASSISTANT VP OF DEVELOPMEN37.50$191,496$0$6,235Yes (X)
ELIZABETH ADAMS
SR. DIR. OF DEVELOPMENT37.50$142,713$0$3,748Yes (X)
JOHN CHRISTOPHER COPLAN
DIR. OF MEDIA RELATIONS AND STRATEGIC COMMUNICATIO37.50$135,133$0$4,282Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,278,526TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$42,387TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (1)CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
COMMONFUND
15 OLD DANBURY ROADWILTONCT06897INVESTMENT MANAGEMENT$390,011
PERKINS EASTMAN ARCHITECTS DPC
209 S LA SALLE STCHICAGOIL60604CONSULTING$245,404
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Fundraising$481,530FundraisingAmt
All Other Contributions$21,634,882AllOtherContributionsAmt
Noncash Contributions$5,951,950NoncashContributionsAmt
Total Contributions$22,116,412TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MANAGEMENT FEES900099$2,408,236$2,408,236
OTHER EVENTS/DEPT RCPTS900099$66,741$66,741
FieldValueIRS element (for citing)
Total Program Service Revenue$2,474,977TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,152,961TotalRevenueColumnAmt
Unrelated Business Revenue$163,236UnrelatedBusinessRevenueAmt
Exclusion$989,725ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$230,004RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$253,546RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$23,542RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$23,542TotalRevenueColumnAmt
Exclusion-$23,542ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$209,493,990SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$199,985,038SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$9,508,952SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,508,952TotalRevenueColumnAmt
Exclusion$9,508,952ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$273,596FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$481,530ContriRptFundraisingEventAmt
Fundraising Direct Expenses$105,964FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$167,632TotalRevenueColumnAmt
Exclusion$167,632ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER ATHLETIC561439$898,235$898,235
OTHER REVENUE561499$351,662$351,662
FieldValueIRS element (for citing)
Other Revenue Total$1,249,897OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$36,647,289TotalRevenueColumnAmt
Related Or Exempt Func Income$3,724,874RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$163,236UnrelatedBusinessRevenueAmt
Exclusion$10,642,767ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$13,569,123TotalAmt
Program Services$13,569,123ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$5,135,409TotalAmt
Program Services$5,135,409ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,320,913TotalAmt
Management And General$1,320,913ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$750,727TotalAmt
Management And General$504,876ManagementAndGeneralAmt
Fundraising$245,851FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$41,328TotalAmt
Management And General$41,266ManagementAndGeneralAmt
Fundraising$62FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$74,250TotalAmt
Management And General$74,250ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$390,011TotalAmt
Management And General$390,011ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$896,303TotalAmt
Management And General$497,308ManagementAndGeneralAmt
Fundraising$398,995FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$78,966TotalAmt
Management And General$49,665ManagementAndGeneralAmt
Fundraising$29,301FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$432,435TotalAmt
Management And General$303,303ManagementAndGeneralAmt
Fundraising$129,132FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$85,231TotalAmt
Management And General$59,521ManagementAndGeneralAmt
Fundraising$25,710FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$32,727TotalAmt
Management And General$32,727ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$16,225TotalAmt
Management And General$15,175ManagementAndGeneralAmt
Fundraising$1,050FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
TAXES$60,600$60,600$0
BAD DEBTS$3,296,674$3,296,674
SUPPLIES$537,434$434,568$102,866
EQUIPMENT$380,339$318,369$61,970

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$895,775TotalAmt
Management And General$387,849ManagementAndGeneralAmt
Fundraising$507,926FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$27,994,470TotalAmt
Program Services$18,704,532ProgramServicesAmt
Management And General$7,787,075ManagementAndGeneralAmt
Fundraising$1,502,863FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$178,544BOYAmt
EOY$116,384EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$14,846,676BOYAmt
EOY$15,670,486EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$15,231,186BOYAmt
EOY$12,751,810EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$34,159BOYAmt
EOY$490,683EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$19,205,640LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,299,284LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,224,613BOYAmt
EOY$11,906,356EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,221,224BOYAmt
EOY$2,588,437EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$235,907,598BOYAmt
EOY$255,117,216EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,274,849BOYAmt
EOY$5,508,875EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$279,918,849BOYAmt
EOY$304,150,247EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,366,024BOYAmt
EOY$5,807,649EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,973,731BOYAmt
EOY$1,844,835EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$828,705BOYAmt
EOY$831,520EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,168,460BOYAmt
EOY$8,484,004EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$22,934,142BOYAmt
EOY$24,989,582EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$250,816,247BOYAmt
EOY$270,676,661EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$273,750,389BOYAmt
EOY$295,666,243EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$279,918,849BOYAmt
EOY$304,150,247EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$8,652,819ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$13,085,976NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$177,059OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$23,972,532CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,907,423CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,542,097CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,216,735CurrentTaxYearMinus1YearAmt
Current Tax Year$22,679,732CurrentTaxYearAmt
Total$100,318,519TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,539,487CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,577,624CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,599,504CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,843,000CurrentTaxYearMinus1YearAmt
Current Tax Year$2,978,000CurrentTaxYearAmt
Total$13,537,615TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,512,019CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,485,047CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$22,141,601CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,059,735CurrentTaxYearMinus1YearAmt
Current Tax Year$25,657,732CurrentTaxYearAmt
Total$113,856,134TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,703,408SubstantialContributorsTotAmt
Public Support Total170$109,152,726PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$973,884CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$161,812CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$201,478CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$671,232CurrentTaxYearMinus1YearAmt
Current Tax Year$1,219,729CurrentTaxYearAmt
Total$3,228,135TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$393,937CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,823CurrentTaxYearMinus1YearAmt
Current Tax Year$163,236CurrentTaxYearAmt
Total$610,996TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,164,269CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,454,659CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,479,189CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,736,870CurrentTaxYearMinus1YearAmt
Current Tax Year$3,998,470CurrentTaxYearAmt
Total$16,833,457TotalAmt
FieldValueIRS element (for citing)
Total Support$134,528,722TotalSupportAmt
Public Support CY1700.81140PublicSupportCY170Pct
Public Support PY1700.91320PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$128,811AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets Sale0SolicitedAssetsSaleInd
Agent Trustee Etc0AgentTrusteeEtcInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$204,784,271BeginningYearBalanceAmt
Contributions$9,630,236ContributionsAmt
Investment Earnings Or Losses$21,850,273InvestmentEarningsOrLossesAmt
Grants Or Scholarships$9,742,646GrantsOrScholarshipsAmt
Other Expenditures$165,718OtherExpendituresAmt
Administrative Expenses$2,046,449AdministrativeExpensesAmt
End Year Balance$224,309,967EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$193,093,113BeginningYearBalanceAmt
Contributions$8,061,335ContributionsAmt
Investment Earnings Or Losses$11,739,640InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,839,449GrantsOrScholarshipsAmt
Other Expenditures$181,081OtherExpendituresAmt
Administrative Expenses$2,089,287AdministrativeExpensesAmt
End Year Balance$204,784,271EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$201,100,618BeginningYearBalanceAmt
Contributions$9,038,290ContributionsAmt
Investment Earnings Or Losses-$8,595,049InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,953,288GrantsOrScholarshipsAmt
Other Expenditures$261,281OtherExpendituresAmt
Administrative Expenses$2,236,177AdministrativeExpensesAmt
End Year Balance$193,093,113EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$151,372,576BeginningYearBalanceAmt
Contributions$12,035,787ContributionsAmt
Investment Earnings Or Losses$47,182,446InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,170,186GrantsOrScholarshipsAmt
Other Expenditures$294,973OtherExpendituresAmt
Administrative Expenses$1,025,032AdministrativeExpensesAmt
End Year Balance$201,100,618EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$144,350,035BeginningYearBalanceAmt
Contributions$12,694,075ContributionsAmt
Investment Earnings Or Losses$767,788InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,372,025GrantsOrScholarshipsAmt
Other Expenditures$222,056OtherExpendituresAmt
Administrative Expenses$846,241AdministrativeExpensesAmt
End Year Balance$151,371,576EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.02180BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.86810PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.11010TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$600,631InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$980,000OtherCostOrOtherBasisAmt
Book Value$1,580,631BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,443,780OtherCostOrOtherBasisAmt
Depreciation$7,133,166DepreciationAmt
Book Value$10,310,614BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$181,229OtherCostOrOtherBasisAmt
Depreciation$166,118DepreciationAmt
Book Value$15,111BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,906,356TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescINVESTMENTS IN LIMITED PARTNERSHIPSDesc
Book Value$255,117,216BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$255,117,216TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTSDesc
Amt$831,520Amt
FieldValueIRS element (for citing)
Total Liability$831,520TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$52,857,823TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$13,085,976NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$2,978,000DonatedServicesAndUseFcltsAmt
Other Revenue$536,569OtherRevenueAmt
Revenue Not Reported$16,600,545RevenueNotReportedAmt
Revenue Subtotal$36,257,278RevenueSubtotalAmt
Investment Expenses Not Incld$390,011InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$390,011RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$36,647,289TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$30,941,969TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$2,978,000DonatedServicesUseFcltsAmt
Other Expenses Included$359,510OtherExpensesIncludedAmt
Expenses Not Reported$3,337,510ExpensesNotReportedAmt
Expenses Subtotal$27,604,459ExpensesSubtotalAmt
Investment Expenses Not Incld2$390,011InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$390,011ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$27,994,470TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:THE ART COLLECTION IS DISPLAYED IN A PROPERTY HELD IN AN ENDOWMENT BY THE FOUNDATION.
PART V, LINE 4:TO SERVE THE EDUCATIONAL PURPOSES OF ILLINOIS STATE UNIVERSITY.
PART X, LINE 2:THE INTERNAL REVENUE SERVICE HAS RECOGNIZED THE FOUNDATION AS EXEMPT FROM INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAX EFFECTS WITH RESPECT TO ITS FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:UNREALIZED GAINS ON BENEFICIAL INTERESTS 177,059. DIRECT FUNDRAISING EXPENSES 105,964. RENTAL EXPENSES 253,546.
PART XII, LINE 2D - OTHER ADJUSTMENTS:DIRECT FUNDRAISING EXPENSES 105,964. RENTAL EXPENSES 253,546.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionCENTRAL AMERICA AND THE CARRIBEANRegionTxt
Type Of Activities ConductedINVESTMENTSTypeOfActivitiesConductedTxt
Region Total Expenditures$22,181,503RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$22,181,503SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$22,181,503TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1CONSTRUCTION MANAGEMENT CAREER FAIREvent1Nm
Gross Receipts Event1$88,500GrossReceiptsEvent1Amt
Charitable Contri Event1$66,500CharitableContriEvent1Amt
Gross Revenue Event1$22,000GrossRevenueEvent1Amt
Non Cash Prizes Event1$200NonCashPrizesEvent1Amt
Food And Beverage Event1$1,412FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$2,443OtherDirectExpensesEvent1Amt
Event2KATIE INSURANCE GOLF CLASSICEvent2Nm
Gross Receipts Event2$170,600GrossReceiptsEvent2Amt
Charitable Contri Event2$109,400CharitableContriEvent2Amt
Gross Revenue Event2$61,200GrossRevenueEvent2Amt
Non Cash Prizes Event2$17,490NonCashPrizesEvent2Amt
Food And Beverage Event2$29FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$5,479OtherDirectExpensesEvent2Amt
Other Events Total24OtherEventsTotalCnt
Gross Receipts Other Events$496,026GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$305,630CharitableContriOtherEventsAmt
Gross Revenue Other Events$190,396GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$19,613NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$7,885RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$15,198FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$36,214OthDirectExpnssOtherEventsAmt
Gross Receipts Total$755,126GrossReceiptsTotalAmt
Charitable Contributions Tot$481,530CharitableContributionsTotAmt
Gross Revenue Total Events$273,596GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$37,303NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$7,885RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$16,639FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$44,136OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$105,963DirectExpenseSummaryEventsAmt
Net Income Summary$167,633NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ILLINOIS STATE UNIVERSITYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CAMPUS BOXAddressLine1Txt
CityNORMALCityNm
State AbbreviationILStateAbbreviationCd
ZIP61761ZIPCd
FieldValueIRS element (for citing)
Recipient EIN376014070RecipientEIN
Cash Grant$6,782,282CashGrantAmt
Non Cash Assistance$5,344,554NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceSOFTWARENonCashAssistanceDesc
Purpose Of GrantTO SUPPORT THE UNIVERSITY, INSTRUCTION, RESEARCH, AND PUBLIC SERVICE ACTIVITIESPurposeOfGrantTxt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSTUDENT SCHOLARSHIPSGrantTypeTxt
Recipient2638RecipientCnt
Cash Grant$5,135,409CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANT FUNDS ARE DISBURSED AND MONITORED BASED ON REQUESTS FROM AUTHORIZED FISCAL AGENTS. FUNDS MUST PROVIDE DIRECT BENEFIT TO ILLINOIS STATE UNIVERSITY AND BE SUPPORTED BY APPROPRIATE DOCUMENTATION. ILLINOIS STATE UNIVERSITY FISCAL AGENTS REQUEST DISBURSEMENT OF FUNDS FOR SCHOLARSHIPS AWARDED IN ACCORDANCE WITH SPECIFIC CRITERIA OF THE SCHOLARSHIP MAY INCLUDE EDUCATIONAL ACHIEVEMENT, FINANCIAL NEED, AND OTHER FACTORS. FOUNDATION PERSONNEL REVIEW REQUESTS TO DETERMINE IF GUIDELINES ARE MET.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation Required0SubstantiationRequiredInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
PAT VICKERMAN
EXECUTIVE DIRECTOR$295,692$0$20,698$0$17,940$0$0$0$9,568$0$343,898$0$0$0
MARK WUNDER
ASSISTANT VP OF DEVELOPMEN$189,888$0$0$0$1,608$0$0$0$6,235$0$197,731$0$0$0
JILL WILBERG
CHIEF OPERATIONS OFFICER$189,228$0$0$0$1,151$0$0$0$6,238$0$196,617$0$0$0
JOY HUTCHCRAFT
EXEC. DIR. OF DEVELOPMENT$148,680$0$0$0$2,404$0$0$0$3,618$0$154,702$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATHE EXECUTIVE DIRECTOR HAS A SOCIAL MEMBERSHIP AT A LOCAL COUNTRY CLUB THAT IS USED EXCLUSIVELY FOR BUSINESS PURPOSES.
PART I, LINE 3SALARIES ARE DETERMINED ANNUALLY BY THE PRESIDENT OF ILLINOIS STATE UNIVERSITY WHO MAY CONSIDER SUCH FACTORS AS TIME IN THE POSITION, PERFORMANCE, AND SALARIES OF COMPARABLE POSITIONS WITH THE UNIVERSITY AND AT COMPARABLE UNIVERSITIES.
FORM 990, PART VII, SECTION AALL OFFICERS AND HIGHLY COMPENSATED INDIVIDUALS ARE PAID BY ILLINOIS STATE UNIVERSITY, WHICH IS CONSIDERED AN UNRELATED ORGANIZATION FOR IRS PURPOSES. ALL WAGES LISTED ON PART VII, SECTION A ARE THE INDIVIDUALS' TOTAL W-2 COMPENSATION.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution32ContributionCnt
Noncash Contributions Rpt F990$559,572NoncashContributionsRptF990Amt
Method Of Determining RevenuesMARKET QUOTATIONMethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution8ContributionCnt
Noncash Contributions Rpt F990$26,577NoncashContributionsRptF990Amt
Method Of Determining RevenuesCOSTMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)SOFTWARE1$5,344,554FMV
Yes (X)EQUIPMENT1$17,500SALES PRICE
Yes (X)GRAIN1$3,747SALES PRICE
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 32B:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION UTILIZES A STOCK BROKER TO PROCESS AND SELL DONATED SECURITIES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FOUNDATION'S AUDIT AND FINANCE COMMITTEES REVIEW THE FORM 990 BEFORE IT IS FILED, AND THOSE COMMITTEES REPORT THEIR FINDINGS TO THE BOARD OF DIRECTORS AT ITS NEXT SCHEDULED MEETING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD POLICY STATES THAT EACH DIRECTOR, PRINCIPAL OFFICER, OR COMMITTEE MEMBER OF THE BOARD WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST WITH THE FOUNDATION MUST DISCLOSE THE EXISTENCE OF SUCH INTEREST TO THE BOARD OF DIRECTORS, WHICH SHALL DECIDE IF A CONFLICT OF INTEREST ACTUALLY EXISTS.
FORM 990, PART VI, SECTION B, LINE 15THE SALARY OF A KEY EMPLOYEE OF THE ORGANIZATION IS DETERMINED ANNUALLY BY THE PRESIDENT OF ILLINOIS STATE UNIVERSITY WHO MAY CONSIDER SUCH FACTORS AS TIME IN THE POSITION, PERFORMANCE, AND SALARIES OF COMPARABLE POSITIONS WITHIN THE UNIVERSITY AND AT COMPARABLE UNIVERSITIES.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF BENEFICIAL INTERESTS 177,059.
FORM 990, PART XII, LINE 2C:THE ORGANIZATIONS PROCESS FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
LAUNCHING FUTURES LLC (USES FOUNDATION EIN)
CAMPUS BOX 8000NORMALIL617908000REAL ESTATE INVESTMENTIL$230,004$3,605,642ISU FOUNDATION
LAUNCHING FUTURES II LLC (USES FOUNDATION EIN)
CAMPUS BOX 8000NORMALIL617908000REAL ESTATE INVESTMENTIL$600,631ISU FOUNDATION

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