2022-05-12T12:36:23-05:00 2021-06-30 271235638 MCM CPAS & ADVISORS LLP 462 SOUTH 4TH STREET SUITE 2600 LOUISVILLE KY 40202 990 2020-07-01 611131682 EASTERN KENTUCKY UNIVERSITY FOUNDATION INC EAST 8596225012 521 LANCASTER AVE CPO 15A RICHMOND KY 40475 BARRY POYNTER TREASURER 8596225012 2022-05-06 1 BARRY POYNTER XXX-XX-XXXX THERESA BATLINER CPA P00543162 5027491900 2022-05-02 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MR TROY ELLIS 521 LANCASTER AVE CPO 15A RICHMOND KY 40475 14349537 0 X WWW.DEVELOPMENT.EKU.EDU/ X 1968 KY PROVIDING FINANCIAL SUPPORT FOR EASTERN KENTUCKY UNIVERSITY IN ACCOMPLISHING ITS GOALS OF EDUCATION AND REGIONAL STEWARDSHIP FUNDRAISING AND LONG TERM INVESTMENTS FOR THIS PURPOSE. 19 18 0 19 0 0 2495270 6223190 72000 76000 1971128 6867431 94987 56241 4633385 13222862 2938010 2706059 0 0 0 0 98547 52000 52000 663429 651484 3699986 3409543 933399 9813319 84085981 108575840 20849765 25955543 63236216 82620297 THE EKU FOUNDATION PROVIDES SUPPORT FOR EASTERN KENTUCKY UNIVERSITY IN ACCOMPLISHING ITS GOALS OF EDUCATION AND REGIONAL STEWARDSHIP WITHIN ITS SOUTHEASTERN KENTUCKY SERVICE REGION. 0 0 1496313 1199307 132241 FUNDING TO SUPPORT THE CORE MISSION OF THE UNIVERSITY BY ESTABLISHING FUNDS FOR ACADEMIC DEPARTMENTS TO PURCHASE EQUIPMENT, SUPPLIES, PROFESSIONAL DEVELOPMENT, AND OTHER MATERIALS RELATED TO FURTHERING THE CLASSROOM EXPERIENCE. 1512785 1506752 FUNDING TO SUPPORT STUDENT FINANCIAL AID AND SCHOLARSHIPS, THUS ENABLING THOSE STUDENTS WHO ARE BOTH CAPABLE AND/OR HAVE FINANCIAL NEED TO RECEIVE A COLLEGE EDUCATION. THESE INCLUDE MERIT SCHOLARSHIPS AWARDED TO STUDENTS IN THE EASTERN KENTUCKY UNIVERSITY HONORS PROGRAM, AS WELL AS SCHOLARSHIPS FOR STUDENTS WHO HAVE DEMONSTRATED FINANCIAL NEED. ENDOWMENT INCOME FOR INVESTED FUNDS HELD BY THE EASTERN KENTUCKY UNIVERSITY FOUNDATION IS THE PRIMARY SOURCE OF FUNDING FOR THIS PURPOSE. 3009098 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 18 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 KY X BARRY POYNTER TREASURER 8596225012 521 LANCASTER AVE COATES BOX 31A RICHMOND KY 40475 DAVID T MCFADDIN EKU PRESIDENT 1.00 39.00 X 0 418919 55144 AMY JO GABEL TRUSTEE 1.00 X 0 0 0 ANDREW PAGE TRUSTEE 1.00 X 0 0 0 APRIL PERRY TRUSTEE 1.00 X 0 0 0 LEWIS DIAZ TRUSTEE 1.00 X 0 0 0 DONALD WHITAKER TRUSTEE 1.00 X 0 0 0 JIM GUICE TRUSTEE 1.00 X 0 0 0 JOHN WADE TRUSTEE 1.00 X 0 0 0 MELISSA COMBS-WRIGHT TRUSTEE 1.00 X 0 0 0 JERI ISBELL TRUSTEE 1.00 X 0 0 0 PAUL W CHELLGREN TRUSTEE (ENDED 9/30/20) 1.00 X 0 0 0 RICHARD MATTINGLY TRUSTEE 1.00 X 0 0 0 MARY OUSLEY TRUSTEE 1.00 X 0 0 0 MARIBETH BERMAN TRUSTEE 1.00 X 0 0 0 BILL REDDICK TRUSTEE 1.00 X 0 0 0 ROBERT CLICK TRUSTEE 1.00 X 0 0 0 DEBORAH ALEXANDER TRUSTEE 1.00 X 0 0 0 TROY ELLIS CHAIR 1.00 X X 0 0 0 MATT EVANS VICE CHAIR 1.00 X X 0 0 0 SUZANNE P FAWBUSH SECRETARY 1.00 X X 0 0 0 BARRY POYNTER VP EKU/TREASURER 3.00 37.00 X 0 197940 23635 BETINA GARDNER VICE PRESIDENT, UNIV. DEV. 20.00 20.00 X 0 163583 33031 0 780442 111810 0 0 1 0 FIFTH THIRD BANK 38 FOUNTAIN SQ PLZ CINCINNATII OH 45263 INVESTMENT MANAGEMENT FEES 108720 1 6223190 397292 6223190 ALUMNI EVENTS 900099 76000 76000 76000 2368952 2368952 5625154 1126675 4498479 4498479 4498479 MISCELLANEOUS 900099 56241 56241 56241 13222862 132241 0 6867431 2706059 2706059 35064 35064 52000 52000 217010 217010 141433 104976 36457 36001 36001 129859 88757 41102 366 366 14124 14124 18787 18787 CAPITAL EXPENDITURES 30764 30764 PROFESSIONAL EVENTS 19005 19005 APPAREL 3847 3847 REGISTRATION FEES 2890 2890 2334 2309 25 3409543 3009098 348445 52000 14528889 22181563 1361838 828113 46747 59467 850000 175099 689025 674901 66350598 83506419 931907 1156014 176977 169363 84085981 108575840 21000 42692 20285936 25490606 542829 422245 20849765 25955543 X 6799762 13169779 56436454 69450518 63236216 82620297 84085981 108575840 9813319 9570762 0 X X 0 1 X 1 0 X 4862234 3101990 2485672 2495270 6223190 19168356 4862234 3101990 2485672 2495270 6223190 19168356 2166347 17002009 1506677 1785056 1824317 1873608 2368952 9358610 17800 41766 45375 94987 56241 256169 28783135 458169 0.59070 0.66880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 74420074 4625313 22015677 3142203 97918861 73049025 1289960 2367426 2286337 74420074 73574330 1639907 835621 3000833 73049025 69599732 1358365 5015187 2398954 73574330 60951950 2315541 7777901 1445660 69599732 0.11100 0.60190 0.28710 0 0 250000 250000 600000 175099 424901 674901 DUE TO UNIVERSITY 97303 DEFERRED GIFT LIABILITY 324942 422245 X 22576614 9570762 9570762 13005852 217010 217010 13222862 3192533 0 3192533 217010 217010 3409543 PART IV, LINE 2B: ASSETS HELD FOR OTHERS REPRESENT RESOURCES IN THE POSSESSION OF, BUT NOT UNDER THE CONTROL OF, THE FOUNDATION. AT JUNE 30, 2021 AND 2020, ASSETS HELD FOR OTHERS CONSIST OF THE FOLLOWING: REGIONAL UNIVERSITY ENDOWMENT TRUST FUND AND PROGRAMS OF DISTINCTION FUND. PART X, LINE 2: THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 OF THE INTERNAL REVENUE CODE (CODE). THE FOUNDATION IS HOWEVER SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. ADDITIONALLY, THE FOUNDATION HAS BEEN DETERMINED BY THE IRS NOT TO BE A PRIVATE FOUNDATION WITHIN THE CONTEXT OF SECTION 509(A) OF THE CODE. U.S. GAAP PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS OR LIABILITIES WILL BE RECOGNIZED ONLY IF THE TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT OR LIABILITY THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY THAN-NOT TEST, NO TAX BENEFIT OR LIABILITY WILL BE RECORDED. MANAGEMENT IS NOT AWARE OF ANY TAX BENEFITS OR LIABILITIES WHICH WOULD WARRANT RECOGNITION AS OF JUNE 30, 2021 AND 2020. THE FOUNDATION WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE FOUNDATION HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2021 AND 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 217,010. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 217,010. X X X X X 1 ALEXANDER HAAS INC 3520 PIEDMONT RD NE 300 ATLANTA GA 30305 CONSULTING 0 6223190 52000 6171190 6223190 52000 6171190 1 EASTERN KENTUCKY UNIVERSITY 521 LANCASTER AVE RICHMOND KY 40475 611011211 115(1) 2658146 47913 FMV EDUCATIONAL SUPPLIES & EQUIPMENT/SUPPORT TO PROVIDE UNIVERSITY SUPPORT 1 0 PART I, LINE 2: THE FOUNDATION WAS ESTABLISHED TO RECEIVE GIFTS AND CONTRIBUTIONS FOR THE BENEFIT OF EASTERN KENTUCKY UNIVERSITY AND TO ENSURE THAT FUNDS AND PROPERTY RECEIVED ARE APPLIED TO THE USES SPECIFIED BY THE DONORS. AS SUCH, AMOUNT REPORTED IN SCHEDULE I, PART II, REFLECT FINANCIAL SUPPORT THAT THE FOUNDATION PROVIDES TO THE UNIVERSITY FOR SCHOLARSHIPS, ACADEMIC PROGRAMS, RESEARCH, FACILITIES, FACULTY AND OTHER INITIATIVES OF THE UNIVERSITY. 0 1 0 0 0 0 0 0 0 DAVID T MCFADDIN EKU PRESIDENT 0 326080 0 0 0 92839 0 39448 0 15696 0 474063 0 0 BARRY POYNTER VP EKU/TREASURER 0 194612 0 0 0 3328 0 17152 0 6483 0 221575 0 0 BETINA GARDNER VICE PRESIDENT, UNIV. DEV. 0 162893 0 0 0 690 0 26177 0 6854 0 196614 0 0 PART I, LINE 3 COMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS PAID AND DETERMINED BY EASTERN KENTUCKY UNIVERSITY (EKU), A RELATED TAX-EXEMPT ORGANIZATION. BETINA GARDNER WAS THE TOP MANAGEMENT OFFICIAL OF THE EASTERN KENTUCKY UNIVERSITY FOUNDATION. HIS POSITION AS AN EMPLOYEE OF THE EASTERN KENTUCKY UNIVERSITY IS ASSOCIATE VICE PRESIDENT OF DEVELOPMENT AND ALUMNI ENGAGEMENT. HIS COMPENSATION AS SUCH IS DETERMINED VIA COMPENSATION SURVEY. PART I, LINE 4B DR. DAVID MCFADDIN, EKU PRESIDENT PARTICIPATED IN A 457B PLAN ($19,500 EMPLOYEE CONTRIBUTION IN THE 4TH QUARTER OF CALENDAR YEAR 2020). BARRY POYNTER PARTICIPATED IN A 457B PLAN ($6,000 EMPLOYEE CONTRIBUTION IN THE 4TH QUARTER OF CALENDAR YEAR 2020). X 9 349379 FMV X EDUCATIONAL SOFTWARE/SUPPLIES 9 47913 FMV 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 MARIBETH BERMAN AND DAN MCBRIDE (FAMILY RELATIONSHIP). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE MANAGEMENT OF EASTERN KENTUCKY UNIVERSITY ON BEHALF OF THE EASTERN KENTUCKY UNIVERSITY FOUNDATION, AS EASTERN KENTUCKY UNIVERSITY (EKU) PROVIDES ACCOUNTING AND FINANCIAL STATEMENT PREPARATION SERVICES FOR THE FOUNDATION. THEREFORE, EKU HAS THE INFORMATION NEEDED TO PREPARE THE FORM 990. THE FORM 990 WAS THEN PROVIDED TO EACH MEMBER OF THE GOVERNING BODY FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 MANAGEMENT OF EASTERN KENTUCKY UNIVERSITY OVERSEES ALL EXPENSES AND PAYMENTS MADE BY THE EKU FOUNDATION. PART OF THE REVIEW INCLUDES MONITORING TRANSACTIONS INVOLVING ANY KNOWN RELATED PARTY ASSOCIATED WITH THE FOUNDATION, INCLUDING MEMBERS OF FOUNDATION MANAGEMENT AND/ OR FOUNDATION BOARD MEMBERS. ANY SUSPICIOUS ACTIVITY IS REVIEWED BY UNIVERSITY EXECUTIVE MANAGEMENT. IN ADDITION ALL TRUSTEES AND OFFICERS ARE SURVEYED ANNUALLY, VIA AN EXTENSIVE QUESTIONNAIRE, TO DISCLOSE A VARIETY OF RELATIONSHIPS WITH EACH OTHER OR DIRECTLY WITH THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL AND TOP FINANCIAL OFFICIAL ARE PAID BY EASTERN KENTUCKY UNIVERSITY, A RELATED TAX-EXEMPT ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE IRC SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. EASTERN KENTUCKY UNIVERSITY 521 LANCASTER AVE RICHMOND KY 40475 611011211 EDUCATION KY GOVERNMENT N/A 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0