2021-02-15T14:42:42-06:00 2020-06-30 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2019-07-01 860193726 NORTHERN ARIZONA UNIVERSITY FOUNDATION NORT 9285232012 620 S KNOLES FLAGSTAFF AZ 86011 BONNIE BAKER INTERIM EXECUTIVE DIRECTOR 9285233711 2021-02-15 1 BRENDA ANN BLUNT CPA P00075126 4803151040 2021-02-15 2019 2022-09-23 18:48:47Z BONNIE BAKER 620 S KNOLES FLAGSTAFF AZ 86011 44968187 0 X HTTPS://NAU.EDU/FOUNDATION/ X 1959 AZ OUR MISSION IS TO PROMOTE THE UNIVERSITY'S MISSION, ENHANCE ITS RECOGNITION,(CONT'D ON SCHED O) AND FOSTER PRIVATE INVESTMENT IN IT BY CREATING AND NURTURING MEANINGFUL RELATIONSHIPS. 26 26 0 187 0 0 12774099 19466475 530144 444110 6343899 5883275 1555543 1932032 21203685 27725892 9619093 10510988 0 0 394381 314134 0 0 5257169 5047153 5707070 15060627 16532192 6143058 11193700 224268850 237963375 43658229 43003570 180610621 194959805 OUR MISSION IS TO PROMOTE THE UNIVERSITY'S MISSION, ENHANCE ITS RECOGNITION, AND FOSTER PRIVATE INVESTMENT IN IT BY CREATING AND NURTURING MEANINGFUL RELATIONSHIPS. 0 0 10510988 10510988 444110 THE FOUNDATION RECEIVES GIFTS AND BEQUESTS, ADMINISTERS AND INVESTS SECURITIES AND PROPERTY, AND DISBURSES PAYMENTS TO AND ON BEHALF OF THE UNIVERSITY FOR THE ADVANCEMENT OF ITS MISSION. 10510988 1 1 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 78 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CO IL MD ME MI MN NJ NY OR OH UT CA HI WI X X ALECIA DILLON 9285233711 620 S KNOLES FLAGSTAFF AZ 86011 X MR GEORGE ADAMS DIRECTOR 1.00 X 0 0 0 MS LISA BAGWELL DIRECTOR 1.00 X 0 0 0 MR JEFFRE BEATTY DIRECTOR 1.00 X 0 0 0 MR BOB BEMENT DIRECTOR 1.00 X 0 0 0 MR ROBERT BRAUDY DIRECTOR 1.00 X 0 0 0 MR ERNEST CALDERON DIRECTOR 1.00 X 0 0 0 MS JEANETTE GARRETTY-REINHARD DIRECTOR 1.00 X 0 0 0 MS HEIDI HANSEN DIRECTOR 1.00 X 0 0 0 MR BILL HEIBEL DIRECTOR 1.00 X 0 0 0 MR TIM KINNEY DIRECTOR 1.00 X 0 0 0 MR ROY D MOREY DIRECTOR 1.00 X 0 0 0 MS PEGGY NELSON DIRECTOR 1.00 X 0 0 0 MR KEITH NEWLON DIRECTOR 1.00 X 0 0 0 MR DAVID NOOSINOW DIRECTOR 1.00 X 0 0 0 MS SANDY OWEN DIRECTOR 1.00 X 0 0 0 MR THOMAS PERKINS DIRECTOR 1.00 X 0 0 0 MR ANTHONY J PLESE DIRECTOR 1.00 X 0 0 0 MR RICK RODRIQUEZ DIRECTOR 1.00 X 0 0 0 MR JIM SKELDING DIRECTOR 1.00 X 0 0 0 MS SHERRI D SLAYTON DIRECTOR 1.00 X 0 0 0 MS LYNN VALBUENA DIRECTOR 1.00 X 0 0 0 MS BARBARA MCCLOUD CHAIR 2.00 X X 0 0 0 MR DAVE FRANKE VICE CHAIR 2.00 X X 0 0 0 VADM ROBIN BRAUN TREASURER 2.00 X X 0 0 0 MS VICTORIA FIMEA SECRETARY 2.00 X X 0 0 0 MR JEFFREY L WILLIS PAST CHAIR 2.00 X X 0 0 0 MR RICKEY MCCURRY EXECUTIVE DIRECTOR 20.00 X 0 0 0 MICHELLE MATIS CFO 40.00 X 0 0 0 0 0 0 0 0 0 0 NORTHERN ARIZONA UNIVERSITY 620 S KNOLES FLAGSTAFF AZ 86011 MANAGEMENT SERVICES 237582 1 133842 19332633 1343881 19466475 SEMINARS 900099 444110 444110 444110 3693025 3693025 1912505 1912505 19316502 42793 17127353 41692 2189149 1101 2190250 2190250 65659 133842 72100 -6441 -6441 14428 1150 13278 13278 PREMIUMS 900099 12690 12690 12690 27725892 444110 0 7815307 7025215 7025215 3485773 3485773 237582 237582 76552 76552 1370 1370 60975 60975 92783 92783 2851 2851 4128 4128 40070 40070 7560 7560 41083 41083 50640 50640 8167 8167 PUBLIC RELATIONS 5257169 5257169 EBS EXPENSE 138318 138318 BANK CHARGES 1956 1956 16532192 10510988 764035 5257169 997740 3240810 12822764 15610682 98645 399625 14308455 13541813 786292 100292 41692 686000 172585309 183230244 4511049 3389901 18903196 17864300 224268850 237963375 315934 255826 5432753 5533392 34981998 35073792 2927544 2140560 43658229 43003570 X 7760273 7250481 172850348 187709324 180610621 194959805 224268850 237963375 X 11193700 2808833 346651 X 0 1 X 1 0 X 14591658 13382254 12904369 12774099 19466475 73118855 14591658 13382254 12904369 12774099 19466475 73118855 530592 72588263 4255253 4707242 5057669 5038650 5605530 24664344 144684 155223 142862 6837 449606 24914 23839 17757 18782 12690 97982 98330787 3456549 0.73820 0.69120 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PREMIUMS - 2015 AMOUNT: $ 8,820. 2016 AMOUNT: $ 10,109. 2017 AMOUNT: $ 11,814. 2018 AMOUNT: $ 18,782. 2019 AMOUNT: $ 12,690. GIFT CLUB - 2015 AMOUNT: $ 16,094. 2016 AMOUNT: $ 13,730. 2017 AMOUNT: $ 5,943. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250 X 1 1 34981998 1135749 1043955 35073792 1 X 125025412 5599851 1962165 5263549 127323879 123053454 3757811 1745342 3531195 125025412 113201123 4575954 8585843 3309466 123053454 101260853 4918903 9479038 2457671 113201123 98833866 5969702 -1080221 2462494 101260853 0.08740 0.63310 0.27950 0 0 686000 686000 100292 100292 0 686000 CAMPUS ART COLLECTION 250 FINANCING LEASE 4128556 GOLF MEMBERSHIP 45000 ASSETS HELD UNDER SPLIT-INTEREST AGREEMENTS 3316273 EBS LICENSES 177944 CASH SURRENDER VALUE LIFE INSURANCE 7042935 BENEFICIAL INTERESTS IN TRUSTS 3153342 17864300 SPLIT INTEREST AGREEMENTS 2121883 DUE TO NAU 18677 2140560 X 30871843 2808833 10000 419901 3238734 27633109 92783 92783 27725892 16522659 10000 73250 83250 16439409 92783 92783 16532192 PART III, LINE 4: THE ART EXHIBIT IS TO FURTHER ENHANCE THE EDUCATIONAL VALUE OF THE STUDENTS OF NORTHERN ARIZONA UNIVERSITY. OUR PURPOSE IS TO SUPPORT NORTHERN ARIZONA UNIVERSITY IN THEIR MISSION TO PROVIDE SUPERIOR EDUCATION TO THEIR STUDENTS. PART IV, LINE 2B: NORTHERN ARIZONA UNIVERSITY FOUNDATION, INC. ADMINISTERS VARIOUS FUNDS FOR NORTHERN ARIZONA UNIVERSITY AND NAU PARENT'S ASSOCIATION. NORTHERN ARIZONA UNIVERSITY AND NAU PARENT'S ASSOCIATION MAINTAIN OWNERSHIP OF THEIR RESPECTIVE FUNDS. ASSETS HELD ON BEHALF OF NORTHERN ARIZONA UNIVERSITY WERE $34,773,528. ASSETS HELD ON BEHALF OF NAU PARENT'S ASSOCIATION WERE $300,263. PART V, LINE 4: ENDOWMENTS FUNDS ARE INTENDED TO PROVIDE LONG-TERM SUPPORT FOR NORTHERN ARIZONA UNIVERSITY. PART X, LINE 2: NAU FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN BY THE COMBINED ENTITY, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF LIFE INSURANCE 202,396. CHANGE IN SPLIT INTEREST AGREEMENTS 270,181. CHANGE IN VALUE OF PERPETUAL TRUSTS -125,926. SPECIAL EVENT AND GAMING EXPENSES 73,250. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT AND GAMING EXPENSES 73,250. WINE AND DINE 84989 54989 30000 3271 461 10454 10230 HRM CASINO 31498 25878 5620 100 2011 4 83014 52975 30039 2439 18366 10351 1083 13334 199501 133842 65659 2439 21637 10812 11637 25575 72100 -6441 1 NORTHERN ARIZONA UNIVERSITY 600 S KNOLES DR FLAGSTAFF AZ 86011 742579628 NO. AZ UNIVERSITY 7025215 EDUCATION SUPPORT 1 0 SCHOLARSHIPS 1707 3485773 PART I, LINE 2: THE FOUNDATION AND THE UNIVERSITY HAVE WRITTEN POLICIES FOR THE DISTRIBUTION OF PROGRAM AND SCHOLARSHIP FUNDS. THE FOUNDATION EMPLOYS A PROFESSIONAL STAFF THAT REVIEWS AND APPROVES ALL EXPENDITURES. THE UNIVERSITY DEPARTMENTS RECEIVING GRANTS, INCLUDING THE FINANCIAL AID DEPARTMENT WHO RECEIVES THE SCHOLARSHIPS ON BEHALF OF THE STUDENTS, AND THE FOUNDATION HAVE JOINT RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS ONCE THE FUNDS HAVE BEEN TRANSFERRED TO THE DEPARTMENTS. X 2 750 DONOR STATED VALUE X 32 648939 STOCK QUOTE X 1 686000 ZILLOW STATED FMV X GIFT CARDS 618 6923 FACE VALUE X FOOD 4 1269 DONOR STATED VALUE 5 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B IS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION HAS A MANAGEMENT AGREEMENT WITH NORTHERN ARIZONA UNIVERSITY (NAU) FOR MANAGEMENT SERVICES PROVIDED BY ITS EMPLOYEES. THE FOUNDATION REIMBURSES NAU FOR THESE SALARIES AND BENEFITS WHICH ARE INCLUDED ON FORM 990 PART IX LINES 5 & 7. THE COMPENSATION OF RICKEY MCCURRY, THE TOP MANAGEMENT OFFICIAL OF THE FOUNDATION, FOR CALENDAR YEAR 2019 WAS $233,827. THIS AMOUNT WAS COMPRISED OF BASE COMPENSATION OF $132,855, DEFERRED COMPENSATION OF $90,939 AND NONTAXABLE BENEFITS OF $10,033. MICHELLE MATIS WAS THE CFO FROM JAN TO APRIL 2020, AND DID NOT HAVE ANY COMPENSATION FOR THE CALENDAR YEAR 2019. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT FORM 990 WILL BE GIVEN TO THE AUDIT COMMITTEE FOR REVIEW. UPON APPROVAL FROM THE AUDIT COMMITTEE, THE DRAFT WILL BE GIVEN TO THE BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY GOVERNS CERTAIN CONFLICT OF INTEREST TRANSACTIONS BETWEEN THE CORPORATION AND DIRECTORS (AND THEIR RELATIVES), OFFICERS AND THEIR AFFILIATES. THE POLICY IS REDISTRIBUTED ANNUALLY, ALONG WITH A VENDOR LIST, FOR CONFIRMATION OF ANY POSSIBLE CONFLICTS OF INTEREST THAT MAY HAVE BECOME A RISK. IF THERE IS ANY RISK, IT IS ADDRESSED AT THAT TIME. ON AN ONGOING BASIS, IF ANY CONFLICT OF INTEREST IS RECOGNIZED, IT IS INVESTIGATED AND DEALT WITH ACCORDINGLY THROUGH ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 15 ALL OF THE FOUNDATION'S EMPLOYEES ARE COMPENSATED BY NORTHERN ARIZONA UNIVERSITY, AN UNRELATED ORGANIZATION, FOR MANAGEMENT SERVICES PROVIDED TO THE FOUNDATION. THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THESE SERVICES. THESE SALARIES AND BENEFITS ARE INCLUDED ON FORM 990, PART IX, LINES 5 AND 7. FORM 990, PART VI, SECTION C, LINE 19 THE ARTICLES OF INCORPORATION, BY-LAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND BY REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS 270,181. CHANGE IN VALUE OF PERPETUAL TRUSTS -125,926. CHANGE IN VALUE OF LIFE INSURANCE 202,396. NORTHERN AZ REAL ESTATE HOLDINGS LLC PO BOX 4094 OLD MAIN BLDG 10 FLAGSTAFF AZ 86011 REAL ESTATE AZ 915533 19234068 NORTHERN ARIZONA UNIVESITY FOUNDATION NAU VENTURES LLC PO BOX 4094 OLD MAIN BLDG 10 FLAGSTAFF AZ 86011 INTELLECTUAL PROPERTY AZ 0 36976 NORTHERN ARIZONA UNIVESITY FOUNDATION CHARITABLE REMAINDER TRUSTS (6) SEE PART VII FOR COL C DETAIL) INVESTMENTS AZ NORTHERN ARIZONA UNIVERSITY FOUNDATION 0 FRIER TRUST PO BOX 4094 FLAGSTAFF AZ 86011 690860151 INVESTMENTS AZ NORTHERN ARIZONA UNIVERSITY FOUNDATION T 14738 636734 1.00000 0 ARMOND IRREVOCABLE TRUST PO BOX 4094 FLAGSTAFF AZ 86011 866289807 INVESTMENTS AZ NORTHERN ARIZONA UNIVERSITY FOUNDATION T 16200 582380 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 ARMOND IRREVOCABLE TRUST S 16200 COST FRIER TRUST S 14738 COST SCHEDULE R, PART IV, COLUMN (C) THREE OF THE FIVE CHARITABLE REMAINDER TRUSTS ARE DOMICILED IN CA, ONE IN PA, ONE IN AZ AND ONE IN MT.