APPALACHIAN STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- APPALACHIAN STATE UNIVERSITY FOUNDATION INC (EIN 23-7099379)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-04-02
- IRS object ID
- 202100929349301100
- Schema version
- 2019v5.2
- 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 G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-02T08:02:55-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 570381582 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLIOTT DAVIS LLCPLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 MAIN STREET SUITE 900 | AddressLine1Txt |
| City | COLUMBIA | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237099379 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | APPALACHIAN STATE UNIVERSITY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | APPA | BusinessNameControlTxt |
| Phone | 8282622341 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ASU BOX 32064 MCKINNEY ALUMNI CTR | AddressLine1Txt |
| City | BOONE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 286082064 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANE BARGHOTHI | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8282622341 | PhoneNum |
| Signature | 2021-03-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DENISE P HILL | PreparerPersonNm |
| PTIN | P00046615 | PTIN |
| Phone | 8032560002 | PhoneNum |
| Preparation | 2021-03-30 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JANE BARGHOTHI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ASU BOX 32064 MCKINNEY ALUMNI CTR | AddressLine1Txt |
| City | BOONE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 286082064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $29,640,971 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://GIVE.APPSTATE.EDU/FOUNDATION/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1970 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | THROUGH IMPACTFUL AND ENGAGED STEWARDSHIP, FUNDRAISING, FINANCIAL MANAGEMENT, AND THOUGHTFUL BOARD LEADERSHIP, THE APPALACHIAN STATE UNIVERSITY FOUNDATION WILL PROVIDE SIGNIFICANT RESOURCES IN SUPPORT OF THE UNIVERSITY'S MISSION AND KEY PRIORITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $2,754 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,630,299 | PYContributionsGrantsAmt |
| CY Contributions Grants | $19,505,040 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $248,789 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $613,234 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$1,358,252 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,820,165 | CYInvestmentIncomeAmt |
| PY Other Revenue | $80,753 | PYOtherRevenueAmt |
| CY Other Revenue | $105,995 | CYOtherRevenueAmt |
| PY Total Revenue | $17,601,589 | PYTotalRevenueAmt |
| CY Total Revenue | $18,404,104 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,778,266 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $14,624,147 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,511,212 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,313,178 | PYOtherExpensesAmt |
| CY Other Expenses | $2,955,284 | CYOtherExpensesAmt |
| PY Total Expenses | $16,091,444 | PYTotalExpensesAmt |
| CY Total Expenses | $17,579,431 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,510,145 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $824,673 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $163,259,259 | TotalAssetsBOYAmt |
| Total Assets EOY | $159,413,962 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $7,498,743 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,516,985 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $155,760,516 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $148,896,977 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE APPALACHIAN STATE UNIVERSITY FOUNDATION EXISTS TO SUPPORT APPALACHIAN STATE UNIVERSITY STUDENTS, FACULTY, STAFF AND COMMUNITY THROUGH THE ADVANCEMENT OF FINANCIAL SUPPORT, STEWARDSHIP, GROWTH OF RESOURCES, AND ADVOCACY FOR THE UNIVERSITY'S MISSION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $6,449,072 | ExpenseAmt |
| Grant | $6,449,072 | GrantAmt |
| Revenue | $2,323 | RevenueAmt |
| Desc | SUPPORT PROVIDED TO APPALACHIAN STATE UNIVERSITY TO SUPPORT ACADEMIC OPERATING BUDGETS, FACULTY AND STAFF SALARIES/SUPPLEMENTS AND OTHER EVENTS, AND IN-KIND DONATIONS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,742,854 | ExpenseAmt |
| Grant | $3,742,854 | GrantAmt |
| Revenue | $1,923 | RevenueAmt |
| Desc | SUPPORT PROVIDED TO APPALACHIAN STATE UNIVERSITY FOR SCHOLARSHIPS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,425,622 | ExpenseAmt |
| Grant | $4,425,622 | GrantAmt |
| Revenue | $348,349 | RevenueAmt |
| Desc | PROGRAM AND SCHOLARSHIP SUPPORT PROVIDED TO APPALACHIAN STATE UNIVERSITY ATHLETICS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|---|
| $6,600 | $6,600 | GENERAL SUPPORT PROVIDED TO APPALACHIAN REAL ESTATE HOLDINGS INC | |
| $779,609 | ADDITIONAL SUPPORT TO APPALACHIAN STATE UNIVERSITY | $293,448 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $786,209 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $6,600 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $293,448 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $15,403,757 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | Yes (1) | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 36 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLAYTON CHRISTIAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8282622341 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ASU BOX 32064 MCKINNEY ALUMNI CTR | AddressLine1Txt |
| City | BOONE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28608 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (46 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| SHERI EVERTS | ||||||||
| BOARD MEMBER | 1.00 | 39.00 | Yes (X) | $0 | $374,560 | $0 | ||
| RANDY EDWARDS | ||||||||
| PRESIDENT (THRU 6/30/20) | 30.00 | 10.00 | $0 | $241,881 | $54,326 | Yes (X) | ||
| PAUL FORTE | ||||||||
| BOARD MEMBER | 1.00 | 39.00 | Yes (X) | $0 | $238,323 | $54,356 | ||
| LAURA CRANDALL | ||||||||
| CFO (THRU 9/25/19) | 30.00 | 10.00 | $0 | $123,333 | $4,668 | Yes (X) | ||
| JANE BARGHOTHI | ||||||||
| PRESIDENT (AS OF 6/30/20) | 30.00 | 10.00 | Yes (X) | $0 | $101,165 | $22,840 | Yes (X) | |
| CLAYTON CHRISTIAN | ||||||||
| ASSISTANT VICE CHANCELLOR | 30.00 | 10.00 | $0 | $94,372 | $24,715 | Yes (X) | ||
| KAREN MAIN | ||||||||
| DIRECTOR OF FOUNDATION ACCOUNTING | 30.00 | 10.00 | $0 | $88,524 | $23,388 | Yes (X) | ||
| GEOFF GRAHAM | ||||||||
| ASSISTANT VICE CHANCELLOR OF GIFT PLANNING/ REAL E | 30.00 | 10.00 | $0 | $102,356 | $4,678 | Yes (X) | ||
| DAVID LANCE | ||||||||
| INTERIM CFO | 30.00 | 10.00 | $0 | $46,777 | $7,454 | Yes (X) | ||
| JEANNINE UNDERWOOD COLLINS | ||||||||
| BOARD SECRETARY | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| FAIRLEY BELL COOK | ||||||||
| BOARD CHAIR | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| PHILLIP OSTWALT | ||||||||
| BOARD TREASURER | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KIMBERLY SHEPHERD | ||||||||
| BOARD VICE CHAIR | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| STEPHANIE LINEBERRY BILLINGS | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHRYN BLANCHARD | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| TED CHANDLER JR | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROLYN JORDAN CLARK | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALICIA FARRER | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLENE WOOD FOLEY | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KIMBERLY JONES GREEN | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRYAN HAAS | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| AVERY B HALL | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTY BARRICK HOLDEN | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLENE JOHNSON | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| LIVIAN LAWRENCE JONES | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL L KIZAKEVICH | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TASSE ALEXANDER LITTLE | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| H ALLEN LOCKWOOD JR | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFF D MERRITT | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN C PRICE | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES K REAVES | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BIXBY OGDEN STEWART | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HUNTER WIDENER | ||||||||
| BOARD MEMBER (THRU 3/31/19) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CANTEY ALEXANDER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN BAILEY | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN BLACKBURN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFF CHESSON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KYLER FERGUSON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT LAMPE | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SAM POWERS | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK RICKS | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHAD SEIGLER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES TOLLIVER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAPHNE URQUHART | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STACIE WALKER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DANNY WILCOX | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,411,291 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $196,425 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UNC MANAGEMENT COMPANY INC | |||||
| 1400 ENVIRON WAY | CHAPEL HILL | NC | 27517 | INVESTMENT MANAGEMENT | $354,637 |
| SWF ASU LLC | |||||
| PO BOX 812 | WILKESBORO | NC | 28697 | PROJECT MANAGEMENT FEES | $200,000 |
| COPPER REEF ENTERPRISES DBAPLUS DELTA P | |||||
| 6965 EL CAMINO REAL SUITE 105-488 | CARLSBAD | CA | 920094101 | PROFESSIONAL DEVELOPMENT SERVICES | $122,740 |
| BLACKBAUD INCORPORATED | |||||
| 2000 DANIEL ISLAND DRIVE | CHARLESTON | SC | 29492 | SOFTWARE SERVICES | $112,072 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $83,191 | FundraisingAmt |
| All Other Contributions | $19,421,849 | AllOtherContributionsAmt |
| Noncash Contributions | $866,849 | NoncashContributionsAmt |
| Total Contributions | $19,505,040 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OTHER PROGRAM REVENUE | 900099 | $549,214 | $549,214 |
| EVENT ADMISSIONS & MEALS | 611710 | $55,128 | $55,128 |
| FLEET VEHICLE REVENUE | 480000 | $8,892 | $8,892 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $613,234 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $638,224 | TotalRevenueColumnAmt |
| Exclusion | $638,224 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $71,643 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,600 | UnrelatedBusinessRevenueAmt |
| Exclusion | $70,043 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,146,176 | SecuritiesAmt |
| Other | $2,572,050 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,991,659 | SecuritiesAmt |
| Other | $5,184,956 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $154,517 | SecuritiesAmt |
| Other | -$2,612,906 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,458,389 | TotalRevenueColumnAmt |
| Exclusion | -$2,458,389 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $32,341 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $83,191 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $50,252 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$17,911 | TotalRevenueColumnAmt |
| Exclusion | -$17,911 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $28,300 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $10,000 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,300 | TotalRevenueColumnAmt |
| Exclusion | $18,300 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| MISCELLANEOUS | 900099 | $32,809 | $32,809 | |
| PASSTHROUGH FROM: THE BROYHILL AL | 900099 | $1,154 | $1,154 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $33,963 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,404,104 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $646,043 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,754 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$1,749,733 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,624,147 | TotalAmt |
| Program Services | $14,624,147 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $354,638 | TotalAmt |
| Management And General | $354,638 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,634 | TotalAmt |
| Program Services | $6,109 | ProgramServicesAmt |
| Management And General | $44,525 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,006 | TotalAmt |
| Program Services | $13,687 | ProgramServicesAmt |
| Management And General | $2,597 | ManagementAndGeneralAmt |
| Fundraising | $185,722 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,176 | TotalAmt |
| Program Services | $103,978 | ProgramServicesAmt |
| Management And General | $12,500 | ManagementAndGeneralAmt |
| Fundraising | $37,698 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,439 | TotalAmt |
| Program Services | $45,165 | ProgramServicesAmt |
| Management And General | $633 | ManagementAndGeneralAmt |
| Fundraising | $185,641 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,970 | TotalAmt |
| Program Services | $108,126 | ProgramServicesAmt |
| Fundraising | $145,844 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,768 | TotalAmt |
| Management And General | $177,768 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OTHER CONTRACT SERVICES | $696,790 | $300,121 | $0 | $396,669 |
| SUPPLIES | $397,621 | $132,849 | $8,584 | $256,188 |
| CURRENT SERVICES | $243,445 | $28,563 | $16,664 | $198,218 |
| FIXED CHARGES | $178,850 | $27,065 | $46,553 | $105,232 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,947 | TotalAmt |
| Program Services | $13,947 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,579,431 | TotalAmt |
| Program Services | $15,403,757 | ProgramServicesAmt |
| Management And General | $664,462 | ManagementAndGeneralAmt |
| Fundraising | $1,511,212 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,375 | BOYAmt |
| EOY | $498 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,664,394 | BOYAmt |
| EOY | $4,154,998 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,955,244 | BOYAmt |
| EOY | $21,482,174 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,960 | BOYAmt |
| EOY | $31,943 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,971 | BOYAmt |
| EOY | $75,849 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,884,000 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,754,600 | BOYAmt |
| EOY | $1,884,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,589,134 | BOYAmt |
| EOY | $131,600,275 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,581 | BOYAmt |
| EOY | $184,225 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,259,259 | BOYAmt |
| EOY | $159,413,962 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $187,737 | BOYAmt |
| EOY | $114,771 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $528 | BOYAmt |
| EOY | $3,047,702 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,475,356 | BOYAmt |
| EOY | $4,371,103 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,835,122 | BOYAmt |
| EOY | $2,983,409 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,498,743 | BOYAmt |
| EOY | $10,516,985 | 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 | $7,573,147 | BOYAmt |
| EOY | $7,914,895 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,187,369 | BOYAmt |
| EOY | $140,982,082 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,760,516 | BOYAmt |
| EOY | $148,896,977 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,259,259 | BOYAmt |
| EOY | $159,413,962 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $824,673 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,064,347 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$10,752,559 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,908,472 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,165,271 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $28,053,886 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,630,299 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,505,040 | CurrentTaxYearAmt |
| Total | $90,262,968 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,908,472 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,165,271 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $28,053,886 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,630,299 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,505,040 | CurrentTaxYearAmt |
| Total | $90,262,968 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,098,370 | SubstantialContributorsTotAmt |
| Public Support Total170 | $85,164,598 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $314,871 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $432,518 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $558,522 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $709,930 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $709,867 | CurrentTaxYearAmt |
| Total | $2,725,708 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $770 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $757 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$2,868 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$155 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,754 | CurrentTaxYearAmt |
| Total | $1,258 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,420 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,822 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,484 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,784 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $32,808 | CurrentTaxYearAmt |
| Total | $71,318 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $93,061,252 | TotalSupportAmt |
| Public Support CY170 | 0.91510 | PublicSupportCY170Pct |
| Public Support PY170 | 0.90810 | 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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $98,619,882 | BeginningYearBalanceAmt |
| Contributions | $983,754 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,023,683 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,665,264 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,751,888 | OtherExpendituresAmt |
| End Year Balance | $90,162,801 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $89,026,986 | BeginningYearBalanceAmt |
| Contributions | $7,776,974 | ContributionsAmt |
| Investment Earnings Or Losses | $4,358,203 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,568,401 | GrantsOrScholarshipsAmt |
| Other Expenditures | $973,880 | OtherExpendituresAmt |
| End Year Balance | $98,619,882 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $81,713,933 | BeginningYearBalanceAmt |
| Contributions | $2,451,121 | ContributionsAmt |
| Investment Earnings Or Losses | $7,606,143 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,512,801 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,231,410 | OtherExpendituresAmt |
| End Year Balance | $89,026,986 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $75,714,058 | BeginningYearBalanceAmt |
| Contributions | $2,573,059 | ContributionsAmt |
| Investment Earnings Or Losses | $6,854,075 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,503,599 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,923,660 | OtherExpendituresAmt |
| End Year Balance | $81,713,933 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $76,480,833 | BeginningYearBalanceAmt |
| Contributions | $2,514,643 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,029,781 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,351,488 | GrantsOrScholarshipsAmt |
| Other Expenditures | $900,149 | OtherExpendituresAmt |
| End Year Balance | $75,714,058 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01870 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.71330 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.26800 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,884,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,884,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,884,000 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ALTERNATIVE INVESTMENTS | $95,848,990 | F |
| BENEFICIAL INTERESTS IN PERPETUAL TRUSTS/OTHER | $3,304,506 | F |
| SHORT TERM INVESTMENT FUND | $31,444,651 | F |
| OTHER ALTERNATIVE INVESTMENTS | $1,002,128 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $131,600,275 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SPLIT INTEREST AGREEMENT | Desc |
| Amt | $2,983,409 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,983,409 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $24,738,770 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,064,347 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $4,083,018 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $70,263 | OtherRevenueAmt |
| Revenue Not Reported | $7,217,628 | RevenueNotReportedAmt |
| Revenue Subtotal | $17,521,142 | RevenueSubtotalAmt |
| Other Revenues Not Included | $882,962 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $882,962 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $18,404,104 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $21,130,042 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $4,083,018 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $4,083,018 | ExpensesNotReportedAmt |
| Expenses Subtotal | $17,047,024 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $532,407 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $532,407 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $17,579,431 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIP AWARDS AND SUPPORT OF UNIVERSITY PROGRAMS. |
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FILES FORM 990-T ANNUALLY AND REPORTS UNRELATED BUSINESS INCOME. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 15,834. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 54,429. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES RECLASSIFIED TO EXPENSES VERSES NETTING WITH REVENUE 354,638. INTEREST EXPENSE RECLASSIFIED OT EXPENSE VERSES NETTING WITH REVENUE 177,768. CHANGE IN UNCOLLECTIBLE PLEDGES RECEIVABLE 350,556. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES RECLASSIFIED TO EXPENSES VERSES NETTING WTIH REVENUE 354,638. INTEREST EXPENSE RECLASSIFIED OT EXPENSE VERSES NETTING WITH REVENUE 177,769. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ATHLETICS LEGENDS GALA DINNER | Event1Nm |
| Gross Receipts Event1 | $28,001 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $21,726 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $6,275 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $2,785 | OtherDirectExpensesEvent1Amt |
| Event2 | APPALACHIAN ENERGY SUMMIT | Event2Nm |
| Gross Receipts Event2 | $30,000 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $27,675 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $2,325 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $263 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 4 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $57,531 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $33,790 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $23,741 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $8,106 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $39,098 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $115,532 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $83,191 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $32,341 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $8,106 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $42,146 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $50,252 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$17,911 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $28,300 | GrossRevenueOtherGamingAmt |
| Cash Prizes Other Gaming | $10,000 | CashPrizesOtherGamingAmt |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGamingInd |
| Gross Revenue Total Gaming | $28,300 | GrossRevenueTotalGamingAmt |
| Cash Prizes Total Gaming | $10,000 | CashPrizesTotalGamingAmt |
| Direct Expense Summary Gaming | $10,000 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $18,300 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | NC | StatesWhereGamingConductedCd |
| Licensed | 0 | LicensedInd |
| Explanation If No | NORTH CAROLINA GENERAL STATUTE SEC 14-309 15 PERMITS CERTAIN NONPROFIT ORGANIZATIONS TO CONDUCT FOUR RAFFLES PER YEAR. A RAFFLE CONDUCTED PURSUANT TO THIS SECTION IS NOT A VIOLATION OF STATE LAW. | ExplanationIfNoTxt |
| License Suspended Etc | 0 | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | 0 | GamingWithNonmembersInd |
| Member Of Other Entity | 0 | MemberOfOtherEntityInd |
| Gaming Own Facility | 1.00000 | GamingOwnFacilityPct |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLAYTON CHRISTIAN | BusinessNameLine1Txt |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ASU BOX 32064 MCKINNEY ALUMNI CENTE | AddressLine1Txt |
| City | BOONE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28608 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | 0 | CntrctWith3rdPrtyForGameRevInd |
| Gaming Manager Person | DOUG BANKS | GamingManagerPersonNm |
| Gaming Manager Services Prov | DOUG BANKS, ASSOCIATE ATHLETICS DIRECTOR, DEVELOPMENT | GamingManagerServicesProvTxt |
| Gaming Manager Is Employee | Yes (X) | GamingManagerIsEmployeeInd |
| Charitable Distribution Rqr | 0 | CharitableDistributionRqrInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| APPALACHIAN STATE UNIVERSITY | ||||||||||
| OPERATIONS DEPARTMENT | BOONE | NC | 28608 | 561176030 | STATE GOV'T ENTITY | $5,798,439 | $650,632 | FMV | FMV OF SERVICES DONATED | SUPPORT FOR APPALACHIAN STATE UNIVERSITY PROGRAMS AND STUDENTS. |
| APPALACHIAN STATE UNIVERSITY | ||||||||||
| SCHOLARSHIP SUPPORT | BOONE | NC | 28608 | 561176030 | STATE GOV'T ENTITY | $3,742,854 | $0 | FMV | SUPPORT FOR APPALACHIAN STATE UNIVERSITY SCHOLARSHIPS. | |
| APPALACHIAN STATE UNIVERSITY | ||||||||||
| ATHLETIC FUND | BOONE | NC | 28608 | 561176030 | STATE GOV'T ENTITY | $4,300,883 | $124,739 | FMV | FMV OF EQUIPMENT AND SERVICES DONATED | SUPPORT FOR APPALACHIAN STATE UNIVERSITY STUDENT ATHLETE SCHOLARSHIPS AND PROGRAMS. |
| APPALACHIAN REAL ESTATE HOLDINGS INC | ||||||||||
| MCKINNEY ALUMNI CENTER | BOONE | NC | 28608 | 271877570 | 501(C)(3) | $6,600 | $0 | FMV | GENERAL SUPPORT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | APPALACHIAN STATE UNIVERSITY FOUNDATION WORKS WITH APPALACHIAN STATE UNIVERSITY TO ENSURE THAT THE GRANTS ARE BEING SPENT WITHIN THE CRITERIA OF THE GIFT OR ENDOWMENT AGREEMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SHERI EVERTS | ||||||||||||||
| BOARD MEMBER | $0 | $374,560 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $374,560 | $0 | $0 |
| RANDY EDWARDS | ||||||||||||||
| PRESIDENT (THRU 6/30/20) | $0 | $241,881 | $0 | $0 | $0 | $0 | $0 | $48,089 | $0 | $6,237 | $0 | $296,207 | $0 | $0 |
| PAUL FORTE | ||||||||||||||
| BOARD MEMBER | $0 | $238,323 | $0 | $0 | $0 | $0 | $0 | $48,119 | $0 | $6,237 | $0 | $292,679 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 3 | COMPENSATION OF THE PRESIDENT, CFO AND ANY OTHER EMPLOYEE OF APPALACHIAN STATE UNIVERSITY THAT PROVIDES SERVICES TO THE FOUNDATION IS ESTABLISHED THROUGH THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT IN ACCORDANCE WITH GUIDELINES ESTABLISHED BY THE STATE OF NORTH CAROLINA. |
| SCHEDULE J, PART II, COLUMN B | THE FOUNDATION HAS NO EMPLOYEES. THE FOUNDATION PROVIDES FUNDING TO SUPPORT APPALACHIAN STATE UNIVERSITY EMPLOYEES SUPPORTING THE FOUNDATION'S OPERATIONS AS PART OF THE MONTHLY CONTRIBUTION OF FUNDS FROM THE FOUNDATION TO THE UNIVERSITY. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 20 | ContributionCnt |
| Noncash Contributions Rpt F990 | $279,398 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 62 | ContributionCnt |
| Noncash Contributions Rpt F990 | $361,885 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET QUOTE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | SUPPLIES AND EQUIPMENT | Desc |
| Contribution | 59 | ContributionCnt |
| Noncash Contributions Rpt F990 | $225,566 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATIONAL DOCUMENTS WERE AMENDED DURING THE FISCAL YEAR TO REDUCE THE NUMBER OF PUBLIC DIRECTORS SERVING ON THE BOARD OF DIRECTORS FROM 30 TO 13, TO CONSOLIDATE THE STANDING COMMITTEES FROM 5 TO 3, AND TO PROVIDE A PROCESS FOR EMERGENCY POWERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDIT COMMITTEE REVIEWS AND DISCUSSES THE FORM 990 WITH THE PREPARER AND THEN THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW, WITH THE EXCEPTION OF SCHEDULE B WHICH THE BOARD MEMBERS WILL NOT BE ABLE TO REVIEW. THE RETURN IS FILED AFTER THE FORM 990 IS SENT TO THE BOARD MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE FOUNDATION ATTORNEY MEETS WITH THE BOARD OF DIRECTORS ANNUALLY TO REVIEW THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS RECEIVE THE CONFLICT OF INTEREST ANNUAL REPORTING STATEMENT AT THE MEETING FOR COMPLETION AND RETURN IT TO THE FOUNDATION OFFICE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION ADHERES TO THE POLICIES AND PROCEDURES SET FORTH BY APPALACHIAN STATE UNIVERSITY, A GOVERNMENTAL INSTITUTION. EXECUTIVE COMPENSATION IS REVIEWED AND APPROVED BY UNIVERSITY HUMAN RESOURCES. UNIVERSITY HUMAN RESOURCES RELY ON PERFORMANCE EVALUATIONS, PEER AND INDUSTRY COMPARISONS, AND ANY ADDITIONAL INDEPENDENT DATA RECEIVED TO SET THE EXECUTIVE COMPENSATION. THE DECISION IS DOCUMENTED IN THE UNIVERSITY'S RECORDS. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE FOUNDATION ACCOUNTING OFFICE. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 15,834. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 54,429. CHANGE IN ALLOWANCE FOR UNCOLLECTABLE PLEDGES RECEIVABLE -350,556. CHANGE IN ACCOUNTING METHOD (SEE SCHEDULE O) -10,472,266. |
| FORM 990, PART XII, LINE 2C | NO CHANGE IN SELECTION OR OVERSIGHT PROCESS |
| FORM 990, PART XI, LINE 9 | DURING SEPTEMBER 2019, THE FOUNDATION CHANGED THEIR METHOD OF ACCOUNTING FROM FROM THE ACCOUNTING STANDARDS PROMULGATED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) TO THOSE PROMULGATED BY THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB). THE IMPACT OF THIS CHANGE IS DETAILED IN THE FOOTNOTES TO THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED JUNE 30, 2020. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| APPALACHIAN STATE UNIVERSITY | |||||||||||
| APPALACHIAN STATE UNIVERSITY | BOONE | NC | 28608 | 561176030 | PUBLIC UNIVERSITY | NC | STATE GOV'T ENTITY | N/A | N/A | 0 | |
| APPALACHIAN REAL ESTATE HOLDINGS INC | |||||||||||
| PO BOX 32156 | BOONE | NC | 28608 | 271877570 | TO HOLD AND MANAGE REAL ESTATE INTERESTS FOR THE BENEFIT OF THE UNIVERSITY | NC | 501(C)(3) | LINE 11A, I | 0 | APPALACHIAN STATE UNIVERSITY | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| APPALACHIAN STATE UNIVERSITY | ||
| B | $13,842,177 | ACTUAL CASH TRANSFERRED |
| APPALACHIAN STATE UNIVERSITY | ||
| N | $775,370 | FMV |
| APPALACHIAN REAL ESTATE HOLDINGS INC | ||
| B | $6,600 | ACTUAL CASH TRANSFERRED |
Comments