2021-05-17T11:50:59-05:00 2020-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2019-07-01 486088461 EMPORIA STATE UNIVERSITY FOUNDATION % SHANE SHIVLEY EMPO 6203415440 1500 HIGHLAND STREET EMPORIA KS 66801 JENNIFER DALTON CORPORATE TREASURER 6203415440 2021-05-17 true P01259107 8162216300 2019 2022-09-23 18:48:47Z SHANE SHIVLEY 1500 HIGHLAND STREET EMPORIA KS 66801 66912526 false X WWW.EMPORIA.EDU/FOUNDATION-GIVING/ X 1952 KS INSPIRING PHILANTHROPY TO CHANGE LIVES AT EMPORIA STATE UNIVERSITY. 15 15 67 50 -18115 -20515 8984215 7798503 0 0 6378664 2169259 1887172 1347030 17250051 11314792 8621642 8017447 0 0 1653776 1777859 36001 36223 3892258 861230 3605507 11172649 13437036 6077402 -2122244 115284378 111316973 1835420 2348613 113448958 108968360 RAISING AND MANAGING PHILANTHROPIC RESOURCES TO ADVANCE THE MISSION OF EMPORIA STATE UNIVERSITY. false false 8035447 8035447 0 SCHOLARSHIPS, GRANTS AND PAYMENTS TO EMPORIA STATE UNIVERSITY FOR GROWTH AND DEVELOPMENT OF CAMPUS AND ACADEMIC ACTIVITIES. 130408 0 0 VARIOUS RELATED EXPENSES INCURRED IN THE OPERATION OF THE FOUNDATION PROGRAM TO PROVIDE SCHOLARSHIPS AND PROMOTE THE GROWTH OF EMPORIA STATE UNIVERSITY. 8165855 true true false false false true false true false true true true false true true false true false false false true false false true false false false true true true false false false false false false false false true false false false false true true false false false true 19 0 true 67 true true true false false false false true true false false false false false false false false false X 15 15 false false true false false true false true true false false false true true true true true true false false KS X SHANE SHIVLEY 6203415440 1500 HIGHLAND ST EMPORIA KS 66801 X SHANE SHIVLEY PRESIDENT 45.0 0.0 X 168985 0 44280 JENNIFER DENTON CORPORATE TREASURER 45.0 0.0 X 116669 0 29671 JENNIFER COLLINS CORPORATE SECRETARY 40.0 0.0 X 33545 0 22801 GARY ALLERHEILIGEN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 HARRY STEPHENS EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 IKE DIEL EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 GENE MERRY EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 JOHN KUDLACEK EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 RUSS EVERHART EXECUTIVE MEMBER, VICE CHAIR 1.0 0.0 X X 0 0 0 JD RIOS EXECUTIVE MEMBER, PAST CHAIR 1.0 0.0 X X 0 0 0 DIANE BEATTY VICE CHAIR 1.0 0.0 X X 0 0 0 JASON FANNING 2ND VICE CHAIR 1.0 0.0 X 0 0 0 DALE GIBBENS EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 JOYCE FRENCH EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 TOM THORNBRUGH EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 LINDA HURT EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 GREG KOSSOVER EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 MIKE PETITJEAN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 319199 0 96752 2 false true false 0 0 1956547 5841956 988806 7798503 0 2109485 2109485 0 17212 17212 6000 6000 0 6000 6000 55657508 55597734 59774 59774 59774 0 0 0 0 0 0 0 0 0 PARTNERSHIP INCOME 900099 1295895 -18115 1314010 OTHER INCOME 900099 27923 27923 1323818 11314792 -18115 3534404 4704073 4704073 3313374 3313374 0 0 386778 193389 193389 0 978861 471332 507529 91733 43066 48667 213419 101088 112331 107068 52872 54196 0 0 74507 7357 67150 0 36223 36223 119770 119770 38351 5543 11606 21202 39052 1121 10419 27512 404931 74878 166404 163649 0 0 28641 4802 16002 7837 89049 902 25683 62464 0 0 13559 13559 0 87999 26908 30861 30230 31197 8029 23168 BAD DEBT 2616923 937 2615986 MISCELLANEOUS 61528 4372 46113 11043 13437036 8165855 1378923 3892258 1264696 1192868 876 75 7201358 3400304 8847 0 0 0 0 0 271551 251123 0 0 62397 7002 3676976 1938370 2183891 1738606 66819449 64363908 27209012 30637455 78449 78449 0 0 10183852 9647183 115284378 111316973 568985 374070 0 0 80000 60000 0 0 0 0 0 0 0 0 0 765461 1186435 1149082 1835420 2348613 X 8541718 8739295 104907240 100229065 113448958 108968360 115284378 111316973 X -2122244 -1780276 -578078 X false true X true false X 9144880 7775058 6761173 8984215 7798503 40463829 0 0 9144880 7775058 6761173 8984215 7798503 40463829 4635636 35828193 1447150 1405762 1637719 6402094 2132697 13025422 0 0 0 0 0 0 1482108 1995682 1987767 1860605 1323818 8649980 62139231 0 0.57658 0.61783 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8 60000 63009 1126201 true true 3183 17100 X X X false 79116123 3454750 893324 2001800 572800 1860836 79028761 77134182 1775998 4600784 1921803 583697 1889341 79116123 74413133 2672003 4276462 1759692 574808 1892916 77134182 68831747 2929603 7249157 1887703 559027 2150644 74413133 70709493 3426235 -220896 1954606 595027 2533452 68831747 0.02397 0.77330 0.20273 false false 313263 313263 306570 2700405 1658781 1348194 339638 279589 60049 17100 0 17100 1738606 FUNDS OF HEDGE FUNDS 13418021 F PRIVATE EQUITY FUNDS 12215777 F REAL ESTATE PARTNERSHIPS 5003657 F 30637455 CSV LIFE INSURANCE 857289 Beneficial Interest in Trusts 8789894 9647183 0 Annuity & Trust Obligations 1149082 1149082 8836668 -1780276 -578078 -2358354 11195022 119770 119770 11314792 13317266 13317266 119770 119770 13437036 SCHEDULE D, PART III, LINE 4 THE FOUNDATION HELD ANTIQUE ITEMS, COINS AND BULLION WHICH WERE SOLD AT AUCTION IN SEPTEMBER 2019. THE FOUNDATION CONTINUES TO HOLD OWNERSHIP OF 2 CEMETERY LOTS AND SIDE-COMPANION CRYPTS. ALL ITEMS ARE TO BENEFIT SCHOLARSHIPS FOR ESU STUDENTS. SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS ARE HELD FOR THE BENEFIT OF EMPORIA STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS AND ASSISTANCE WITH OPERATING EXPENSES. SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D CHANGE IN BENEFICIAL INTEREST OF PERPETUAL TRUST $ (522,722) ACTUARIAL LOSS $ (55,356) ------------ $ (578,078) false Central America and the Caribbean Investments 28285923 28285923 28285923 true false true true false false SCHEDULE F, PART I, LINE 3 PASSIVE INVESTMENT HOLDINGS ARE MONITORED ON A MONTHLY BASIS BY THE FOUNDATION'S THIRD-PARTY INVESTMENT ADVISOR CONSULTANT. THE FOUNDATION BOARD'S INVESTMENT COMMITTEE REVIEWS THE PASSIVE INVESTMENT HOLDINGS ON A QUARTERLY BASIS AND REPORTS ANY SUBSTANTIAL ACTIVITY TO THE EXECUTIVE COMMITTEE. THE INVESTMENTS ARE ACCOUNTED FOR ON THE ACCRUAL METHOD OF ACCOUNTING. X true STEWARDSHIP COUNSELING LLC 12 PARK VIEW ROAD HESSTON KS 67062 PLANNED GIVING false 0 36223 0 0 36223 0 true EMPORIA STATE UNIVERSITY 1 KELLOG CIRCLE EMPORIA KS 66801 481124839 GOVERNMENT 4601828 UNIVERSITY OPERATIONS ALUMNI ASSOCIATION OF EMPORIA STATE UNIVERS 1500 HIGHLAND STREET EMPORIA KS 66801 486115644 501(C)(3) 69200 OPERATIONAL SUPPORT EMPORIA STATE UNIVERSITY 1 KELLOG CIRCLE EMPORIA KS 66801 481124839 GOVERNMENT 33045 BOOK VALUE LAND/SERVICE UNIVERSITY OPERATION 2 SCHOLARSHIPS 1484 3313374 SCHEDULE I, PART I, LINE 2 UNIVERSITY EXPENDITURES AND SCHOLARSHIPS ARE PROCESSED BY THE UNIVERSITY; THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THESE EXPENDITURES UPON VERIFICATION THAT THE EXPENSE/SCHOLARSHIP MEETS THE RESPECTIVE DONOR'S GIFT CRITERIA, AS DOCUMENTED. X true true X X X false false false false false false false false false SHANE SHIVLEY PRESIDENT 168738 0 0 0 247 0 14487 0 29793 0 213265 0 SCHEDULE J, PART I, LINE 1A SOCIAL CLUB DUES ARE PAID FOR THE PRESIDENT TO ENTERTAIN DONORS. ANY PERSONAL USE IS TREATED AS TAXABLE COMPENSATION AND INCLUDED AS WAGES. X 3600 FMV X 26 948745 FMV X 1 2050 FMV X MISCELLANEOUS ITEMS 6 5211 FMV false true true SCHEDULE M, PART I, LINES 1-28, COLUMN B THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS. SCHEDULE M, PART I, LINE 32B A LICENSED REAL ESTATE AGENT IS USED TO SELL DONATIONS OF REAL ESTATE. AN AUCTIONEER (OR AUCTION SERVICE) IS USED TO SELL ALL OTHER NONCASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS WERE AMENDED EFFECTIVE OCTOBER 2019. - THE DEFINITION OF THE MEMBERSHIP OF THE BOARD OF TRUSTEES WAS UPDATED. - THE COUNCIL OF PAST BOARD CHAIRS WAS FORMED TO APPOINT TRUSTEES WHEN THE NUMBER OF TRUSTEES IS BELOW THE MINIMUM NUMBER WITHIN THE BY-LAWS. - FURTHER DEFINED THE POWERS AND AUTHORITY THE EXECUTIVE COMMITTE HAS - CLARIFIED TEH DUTIES OF THE FOUNDATION PRESIDENT - MODIFIED AND CLARIFIED THE STRUCTURE AND POWERS OF VARIOUS COMMITTEES - CREATED THE NOMINATING AND TRAINING COMMITTEE FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION CHAIR MAY APPOINT UP TO THREE MEMBERS OF THE EXECUTIVE COMMITTEE FROM AMONG THE VOTING TRUSTEES, PROVIDED THAT ANY SUCH APPOINTMENT SHALL BE RATIFIED IN A REGULAR OR SPECIAL MEETING OF THE TRUSTEES AS SOON AS IS REASONABLY POSSIBLE IN ORDER TO BECOME EFFECTIVE. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE DIRECTOR OF FISCAL AFFAIRS, THE CORPORATE TREASURER AND THE PRESIDENT OF EMPORIA STATE UNIVERSITY FOUNDATION. ANY QUESTIONS OR CONCERNS THAT DIRECTOR OF FISCAL AFFAIRS, THE CORPORATE TREASURER OR PRESIDENT HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE PRIOR TO SUBMITTING THE 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE ASKED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT. THESE ARE REVIEWED AND SIGNED BY THE PRESIDENT OF THE FOUNDATION. THERE IS A COMPLIANCE OFFICER ON THE BOARD THAT IS RESPONSIBLE FOR ADDRESSING ANY ISSUES THAT MAY ARISE THROUGHOUT THE YEAR. IF A CONFLICT ARISES IT IS INVESTIGATED IMMEDIATELY. KEY EMPLOYEES SIGN A CONFLICT OF INTEREST POLICY WITH THE UNIVERSITY. THESE ARE MONITORED THROUGH EMPORIA STATE UNIVERSITY. FORM 990, PART VI, SECTION B, LINES 15A & 15B LINE 15A: THE PRESIDENT OF THE FOUNDATION IS EVALUATED BY A PERFORMANCE REVIEW COMMITTEE MADE UP OF THE THREE BOARD OFFICERS AND THE UNIVERSITY PRESIDENT, WHO JOINTLY REVIEW PERFORMANCE AND ADJUST COMPENSATION AS NEEDED. THIS PROCESS IS DONE ON A YEARLY BASIS. THE COUNCIL FOR ADVANCEMENT AND SUPPORT OF EDUCATION ANNUAL SALARY SURVEY FOR THE MIDWEST REGION IS USED TO DETERMINE IF SALARIES ARE WITHIN THE MEDIAN RANGE. THE SALARY IS COMPARABLE TO OTHERS IN THE ADMINISTRATION. LINE 15B: THE PRESIDENT OF THE FOUNDATION HANDLES THE COMPENSATION REVIEW OF THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 EACH TRUSTEE GETS A COPY OF THE BY-LAWS. THE PUBLIC CAN RECEIVE A COPY OF THE BY-LAWS, THE CONFLICT OF INTEREST POLICY AND THE 990 UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION WEBSITE. FORM 990, PART XI, LINE 9 CHANGE IN BENEFICIAL INTERESTS OF PERPETUAL TRUST $ (522,722) ACTUARIAL LOSS $ (55,356) ------------- $ (578,078) CHARTITABLE REMAINDER TRUST (4) TRUST KS ESU FDN TRUST 1.00000 true false false false false false false false false false false false false false false false false false false false