2022-08-24T13:31:08-05:00 2021-12-31 FORVIS LLP 1248 O STREET STE 1040 LINCOLN NE 685081461 990 2021-01-01 470495359 PERU STATE COLLEGE FOUNDATION % CINDY HOFFMAN PERU 4028722342 PO BOX 10 PERU NE 68421 CINDY HOFFMAN TREASURER 4028722342 2022-11-15 true CINDY HOFFMAN 999009999 KRISTIN TYNON P01063388 4024737600 2 2021 2022-09-23 18:48:47Z CINDY HOFFMAN PO BOX 10 PERU NE 68421 5913848 false X WWW.PERU.EDU/FOUNDATION X 1955 NE THE MISSION OF THE PERU STATE COLLEGE FOUNDATION IS TO PROVIDE ASSISTANCE AND SUPPORT FOR PERU STATE COLLEGE, A FOUR-YEAR LIBERAL ARTS INSTITUTION. 9 9 0 0 681398 810675 0 0 889874 1493503 16279 83103 1587551 2387281 354242 548018 0 0 126624 133991 0 0 73523 324887 284407 805753 966416 781798 1420865 20047365 22198844 93724 138643 19953641 22060201 X THE MISSION OF THE PERU STATE COLLEGE FOUNDATION IS TO PROVIDE ASSISTANCE AND SUPPORT FOR PERU STATE COLLEGE, A FOUR-YEAR LIBERAL ARTS INSTITUTION, ESTABLISHED IN 1867 AS NEBRASKA'S FIRST PUBLIC INSTITUTION OF HIGHER EDUCATION. WITH MORE THAN 24,000 ALUMNI AND FRIENDS AND MORE THAN TEN MILLION IN NET ASSETS, THE PSC FOUNDATION ASSISTS THE COLLEGE IN ACHIEVING ITS MISSION OF PROVIDING QUALITY EDUCATION, PROGRAMS AND SERVICES. false false 315242 315242 PROVIDE SCHOLARSHIPS TO QUALIFYING PERU STATE COLLEGE STUDENTS. 232776 232776 PROVIDE PERU STATE COLLEGE EDUCATIONAL AND ADMINISTRATIVE DEPARTMENTS WITH GRANTS FOR EQUIPMENT AND OPERATING PURPOSES. 548018 true true false false false false false false false true true true false false false false true true false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 1 0 0 false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true true false X X CINDY HOFFMAN 4024494381 600 HOYT STREET PERU NE 68421 TED L HARSHBARG EXECUTIVE DIRECTOR 40.0 0.0 X 0 30198 4198 AL URWIN SECRETARY 1.0 0.0 X X 0 0 0 CINDY HOFFMAN CO-TREASURER 1.0 0.0 X X 0 0 0 CONNIE EDMOND DIRECTOR 1.0 0.0 X 0 0 0 ELTON EDMOND CO-VICE CHAIR 1.0 0.0 X X 0 0 0 FRITZ STEHLIK DIRECTOR 1.0 0.0 X 0 0 0 IVAN WINEGLASS DIRECTOR 1.0 0.0 X 0 0 0 JEFF GREENWALD CHAIR 1.0 0.0 X X 0 0 0 JEFF SMITH CO-TREASURER 1.0 0.0 X X 0 0 0 JUDY GROTRIAN DIRECTOR 1.0 0.0 X 0 0 0 ROBIN SMITH CO-TREASURER 1.0 0.0 X X 0 0 0 TERRI BISHOP DIRECTOR 1.0 0.0 X 0 0 0 TIM HOFFMAN CO-TREASURER 1.0 0.0 X X 0 0 0 0 30198 4198 0 false false false 0 810675 810675 All other program service revenue - 0 842960 842960 0 0 0 0 0 4157398 11500 3511666 6689 645732 4811 650543 650543 14840 8212 6628 0 0 0 0 0 0 Miscellaneous Income 76475 76475 76475 2387281 76475 1493503 548018 548018 0 0 0 34396 29237 5159 0 99595 99595 0 0 0 0 12422 12422 53323 53323 0 0 0 0 0 86672 82546 4126 44935 32095 12840 0 9681 9681 0 0 0 0 0 14896 14896 0 Bad Debt Expense 11080 11080 Printing & Publication 36032 36032 Special Events 15016 15016 OTHER EXPENSES 350 350 966416 548018 344875 73523 671105 1298402 0 0 210128 101065 13811 11038 0 0 0 0 0 0 0 0 0 0 368772 41267 308083 327505 0 0 18844238 20460834 0 0 0 0 0 0 20047365 22198844 93724 113160 0 0 0 0 0 0 0 0 0 0 0 25483 0 0 0 0 93724 138643 X 300363 440649 19653278 21619552 19953641 22060201 20047365 22198844 1420865 685695 X false true X true false X X 1 PERU STATE COLLEGE 611573095 6 true 539168 0 1 539168 true false false false false false false false false false false false false false false true false false X SCHEDULE A, PART IV, SECTION D, LINE 2 THE FOUNDATION OFFICES ARE LOCATED ON THE SUPPORTED ORGANIZATION'S CAMPUS AND THE FOUNDATION ACTS AS THE ALUMNI RELATIONS ARM OF THE INSTITUTION. THE FOUNDATION CEO IS ON THE COLLEGE PRESIDENT'S CABINET AND THE PRESIDENT IN TURN, ATTENDS ALL FOUNDATION BOARD MEETINGS. THIS MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP BETWEEN ORGANIZATIONS. SCHEDULE A, PART IV, SECTION E, LINE 1C PERU STATE COLLEGE FOUNDATION WAS ORGANIZED IN JUNE 1955 AND INCORPORATED AS A NONPROFIT ORGANIZATION FOR EDUCATIONAL AND CHARITABLE PURPOSES IN MAY 1962. IT IS A SELF-SUPPORTING AND INDEPENDENTLY GOVERNED CORPORATION ESTABLISHED SOLELY FOR THE BENEFIT OF PERU STATE COLLEGE AND ITS STUDENTS, FACULTY, AND PROGRAMS. THE FOUNDATION PROVIDES SCHOLARSHIPS TO COLLEGE STUDENTS, MONETARY SUPPORT TO ACADEMIC DEPARTMENTS AND COLLEGE ADMINISTRATIVE DEPARTMENTS, AS REQUESTED BY THE COLLEGE AND APPROVED BY THE FOUNDATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19653278 841338 1918326 520917 272473 21619552 17570449 477076 2099372 279762 213857 19653278 13603771 2063843 2278833 198383 177615 17570449 14207810 331494 -576046 186427 173060 13603771 12568109 385707 1607573 196563 157016 14207810 0.00000 0.45200 0.54800 false false 149095 149095 176302 33709 142593 43375 7558 35817 327505 INVESTMENTS 20460834 F 20460834 3081190 685695 8214 693909 2387281 2387281 974630 8214 8214 966416 966416 SCHEDULE D, PART V, LINE 4 ENDOWMENT FUND EARNINGS ARE AVAILABLE FOR SCHOLARSHIPS FOR QUALIFYING STUDENTS OF THE COLLEGE AS WELL AS OTHER SPECIFIED PURPOSES FOR THE VARIOUS DEPARTMENTS. SCHEDULE D, PART XI & XII, LINE 2D 8,214 SPECIAL EVENT EXPENSES NETTED WITH REVENUE ON TAX RETURN true PERU STATE COLLEGE 600 HOYT STREET PERU NE 68421 611573095 548018 BOOK SCHOLARSHIPS TO PERU STATE COLLEGE STUDENTS AND SUPPORT FOR ACADEMIC & ADMINISTRATIVE DEPARTMENTS AT THE COLLEGE. SCHEDULE I, PART II, LINE 1H SCHOLARSHIPS TO PERU STATE COLLEGE STUDENTS AND SUPPORT FOR ACADEMIC DEPARTMENTS AT THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE FORM 990 IS DISTRIBUTED VIA EMAIL TO THE BOARD OF DIRECTORS FOR REVIEW, COMMENT AND APPROVAL. ONCE ALL CHANGES, IF ANY, ARE MADE AND APPROVED BY THE BOARD, THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS EVALUATES THE POSITION OF EXECUTIVE DIRECTOR AND REVIEWS COMPARABLE POSITIONS WITH COMPARABLE ORGANIZATIONS BEFORE APPROVAL OF COMPENSATION. FORM 990, PART VI, SECTION B, LINE 15B THE BOARD OF DIRECTORS EVALUATES COMPENSATION FOR OTHER KEY EMPLOYEES AND REVIEWS COMPARABLE POSITIONS WITH COMPARABLE ORGANIZATIONS BEFORE APPROVAL OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, TAX RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C NEW BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN THAT THEY HAVE READ AND UNDERSTAND THE POLICY. IF A CONFLICT ARISES THE PERSON WITH THE CONFLICT OF INTEREST IS REQUIRED TO SELF-REPORT TO THE BOARD THE FACTS THAT ARE MATERIAL TO THE CONFLICT. SUCH DISLOSURE IS REFLECTED IN THE MINUTES OF THE MEETING. THE BOARD WILL DISCUSS AND VOTE WITHOUT THAT PERSON PRESENT AT THE MEETING. PERU STATE COLLEGE 600 HOYT STREET PERU NE 68421 611573095 HIGHER ED NE 501(C)(3) 6 false false true false false false false false false false false false false false true false false false false PERU STATE COLLEGE O 133991 CASH PERU STATE COLLEGE B 548019 CASH