2025-05-15T15:50:07-05:00 2024-06-30 430352985 KERBER ECK & BRAECKEL LLP 3200 ROBBINS ROAD STE 200A SPRINGFIELD IL 62704 990 2023-07-01 376025713 ILLINOIS STATE UNIVERSITY FOUNDATION ILLI 3094388901 101 ALUMNI CENTER CAMPUS BOX 8000 NORMAL IL 617908000 JILL WILBERG CHIEF OPERATIONS OFFICER 3094383135 2025-05-14 1 0 JOSH C CLARK P01424717 2177890960 2025-05-14 2023 2025-03-06 01:10:19Z JILL WILBERG 101 ALUMNI CENTER CAMPUS BOX 8000 NORMAL IL 61790 236991837 0 X WWW.ADVANCEMENT.ILLINOISSTATE.EDU/ISU-FOUNDATION X 1948 IL TO ELEVATE ILLINOIS STATE UNIVERSITY THROUGH THE POWER OF PHILANTHROPY. 27 27 0 0 163236 162236 15891454 22116412 83644 2474977 3881296 10661913 1551553 1393987 21407947 36647289 11627348 18704532 0 0 1104742 2071640 0 0 1502863 5883274 7218298 18615364 27994470 2792583 8652819 279918849 304150247 6168460 8484004 273750389 295666243 TO ELEVATE ILLINOIS STATE UNIVERSITY THROUGH THE POWER OF PHILANTHROPY. 0 0 18704532 18704532 3724874 ASSIST 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. 18704532 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 98 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL AZ CA CT DC FL LA ME MD MA MI MN NJ OH OR SC UT WA X X JILL WILBERG 3094383135 101 ALUMNI CENTER 1101 N MAIN ST NORMAL IL 617908000 ERIC E BURWELL CHAIRPERSON 0.50 X X 0 0 0 MARY ANN WEBB VICE CHAIRPERSON 0.50 X X 0 0 0 ZACHARY FORTSCH BOARD MEMBER 0.50 X 0 0 0 ANN BAUGHAN BOARD MEMBER 0.50 X 0 0 0 GREG AYERS BOARD MEMBER 0.50 X 0 0 0 DAVID L BROWN BOARD MEMBER 0.50 X 0 0 0 SHARI BUCKELLEW BOARD MEMBER 0.50 X 0 0 0 BILL ENGLAND TREASURER 0.50 X X 0 0 0 GARY GEMBERLING BOARD MEMBER 0.50 X 0 0 0 BENJAMIN HART BOARD MEMBER 0.50 X 0 0 0 COLLEEN KANNADAY BOARD MEMBER 0.50 X 0 0 0 DAN KELLEY BOARD MEMBER 0.50 X 0 0 0 JOSEPH LOSS BOARD MEMBER 0.50 X 0 0 0 JACK NORTH BOARD MEMBER 0.50 X 0 0 0 THOMAS REEDY BOARD MEMBER 0.50 X 0 0 0 JOHN RIGAS BOARD MEMBER 0.50 X 0 0 0 RON THEIN BOARD MEMBER 0.50 X 0 0 0 CARL SNEED BOARD MEMBER 0.50 X 0 0 0 DEREK VOGLER BOARD MEMBER 0.50 X 0 0 0 LARRY WILLIAMS BOARD MEMBER 0.50 X 0 0 0 TRISH ROARK BOARD MEMBER 0.50 X 0 0 0 STEVE DENAULT BOARD MEMBER 0.50 X 0 0 0 JOYCE GILLE GOSSOM BOARD MEMBER 0.50 X 0 0 0 ED MANLEY BOARD MEMBER 0.50 X 0 0 0 MICHAEL JONES BOARD MEMBER 0.50 X 0 0 0 JAMES KNECHT SECRETARY 0.50 X X 0 0 0 JERI BEGGS BOARD MEMBER (OUTGOING) 0.50 X 0 0 0 ROBERT RUSH JR BOARD MEMBER 0.50 X 0 0 0 PAT VICKERMAN EXECUTIVE DIRECTOR 37.50 X 334330 0 9568 JILL WILBERG CHIEF OPERATIONS OFFICER 37.50 X 190379 0 6238 JILLIAN YOUNG DIR. OF STEWARDSHIP AND DONOR RELATIONS 37.50 X 133391 0 8698 JOY HUTCHCRAFT EXEC. DIR. OF DEVELOPMENT 37.50 X 151084 0 3618 MARK WUNDER ASSISTANT VP OF DEVELOPMEN 37.50 X 191496 0 6235 ELIZABETH ADAMS SR. DIR. OF DEVELOPMENT 37.50 X 142713 0 3748 JOHN CHRISTOPHER COPLAN DIR. OF MEDIA RELATIONS AND STRATEGIC COMMUNICATIO 37.50 X 135133 0 4282 1278526 0 42387 7 0 1 1 COMMONFUND 15 OLD DANBURY ROAD WILTON CT 06897 INVESTMENT MANAGEMENT 390011 PERKINS EASTMAN ARCHITECTS DPC 209 S LA SALLE ST CHICAGO IL 60604 CONSULTING 245404 2 481530 21634882 5951950 22116412 MANAGEMENT FEES 900099 2408236 2408236 OTHER EVENTS/DEPT RCPTS 900099 66741 66741 2474977 1152961 163236 989725 230004 253546 -23542 -23542 -23542 209493990 199985038 9508952 9508952 9508952 273596 481530 105964 167632 167632 OTHER ATHLETIC 561439 898235 898235 OTHER REVENUE 561499 351662 351662 1249897 36647289 3724874 163236 10642767 13569123 13569123 5135409 5135409 1320913 1320913 750727 504876 245851 41328 41266 62 74250 74250 390011 390011 896303 497308 398995 78966 49665 29301 432435 303303 129132 85231 59521 25710 32727 32727 16225 15175 1050 TAXES 60600 60600 0 BAD DEBTS 3296674 3296674 SUPPLIES 537434 434568 102866 EQUIPMENT 380339 318369 61970 895775 387849 507926 27994470 18704532 7787075 1502863 178544 116384 14846676 15670486 15231186 12751810 34159 490683 19205640 7299284 6224613 11906356 2221224 2588437 235907598 255117216 5274849 5508875 279918849 304150247 3366024 5807649 1973731 1844835 828705 831520 6168460 8484004 X 22934142 24989582 250816247 270676661 273750389 295666243 279918849 304150247 X 8652819 13085976 177059 X X 0 1 X 1 0 X 23972532 19907423 19542097 14216735 22679732 100318519 2539487 2577624 2599504 2843000 2978000 13537615 26512019 22485047 22141601 17059735 25657732 113856134 4703408 109152726 973884 161812 201478 671232 1219729 3228135 0 0 393937 53823 163236 610996 3164269 2454659 3479189 3736870 3998470 16833457 134528722 0.81140 0.91320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 128811 X 0 0 204784271 9630236 21850273 9742646 165718 2046449 224309967 193093113 8061335 11739640 5839449 181081 2089287 204784271 201100618 9038290 -8595049 5953288 261281 2236177 193093113 151372576 12035787 47182446 8170186 294973 1025032 201100618 144350035 12694075 767788 5372025 222056 846241 151371576 0.02180 0.86810 0.11010 0 0 600631 980000 1580631 17443780 7133166 10310614 181229 166118 15111 11906356 INVESTMENTS IN LIMITED PARTNERSHIPS 255117216 F 255117216 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 831520 831520 X 52857823 13085976 2978000 536569 16600545 36257278 390011 390011 36647289 30941969 2978000 359510 3337510 27604459 390011 390011 27994470 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. CENTRAL AMERICA AND THE CARRIBEAN INVESTMENTS 22181503 0 0 0 0 0 0 22181503 0 22181503 1 0 0 1 1 0 CONSTRUCTION MANAGEMENT CAREER FAIR 88500 66500 22000 200 1412 2443 KATIE INSURANCE GOLF CLASSIC 170600 109400 61200 17490 29 5479 24 496026 305630 190396 19613 7885 15198 36214 755126 481530 273596 37303 7885 16639 44136 105963 167633 1 ILLINOIS STATE UNIVERSITY CAMPUS BOX NORMAL IL 61761 376014070 6782282 5344554 FMV SOFTWARE TO SUPPORT THE UNIVERSITY, INSTRUCTION, RESEARCH, AND PUBLIC SERVICE ACTIVITIES STUDENT SCHOLARSHIPS 2638 5135409 PART I, LINE 2: GRANT 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. X 1 0 0 0 0 0 0 0 0 0 0 PAT VICKERMAN EXECUTIVE DIRECTOR 295692 0 20698 0 17940 0 0 0 9568 0 343898 0 0 0 MARK WUNDER ASSISTANT VP OF DEVELOPMEN 189888 0 0 0 1608 0 0 0 6235 0 197731 0 0 0 JILL WILBERG CHIEF OPERATIONS OFFICER 189228 0 0 0 1151 0 0 0 6238 0 196617 0 0 0 JOY HUTCHCRAFT EXEC. DIR. OF DEVELOPMENT 148680 0 0 0 2404 0 0 0 3618 0 154702 0 0 0 PART I, LINE 1A THE EXECUTIVE DIRECTOR HAS A SOCIAL MEMBERSHIP AT A LOCAL COUNTRY CLUB THAT IS USED EXCLUSIVELY FOR BUSINESS PURPOSES. PART I, LINE 3 SALARIES 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 A ALL 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. X 32 559572 MARKET QUOTATION X 8 26577 COST X SOFTWARE 1 5344554 FMV X EQUIPMENT 1 17500 SALES PRICE X GRAIN 1 3747 SALES PRICE 0 1 1 PART I, LINE 32B: THE ORGANIZATION UTILIZES A STOCK BROKER TO PROCESS AND SELL DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B THE 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 12C THE 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 15 THE 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 19 THE 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. LAUNCHING FUTURES LLC (USES FOUNDATION EIN) CAMPUS BOX 8000 NORMAL IL 617908000 REAL ESTATE INVESTMENT IL 230004 3605642 ISU FOUNDATION LAUNCHING FUTURES II LLC (USES FOUNDATION EIN) CAMPUS BOX 8000 NORMAL IL 617908000 REAL ESTATE INVESTMENT IL 600631 ISU FOUNDATION