2021-10-28T10:49:12-05:00 2021-06-30 363168081 SIKICH LLP 3201 W WHITE OAKS DR STE 102 SPRINGFIELD IL 62704 990 2020-07-01 376024575 SOUTHERN ILLINOIS UNIVERSITY FOUNDATION SOUT 6184534900 1235 DOUGLAS DR CARBONDALE IL 62901 CYNTHIA M CIGANOVICH CHIEF FINANCIAL OFFICER 6184534900 2021-10-27 1 CYNTHIA CIGANOVICH 999009999 JILL M BOYLE CPA P01246734 2177933363 2021-10-26 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MATTHEW KUPEC 1235 DOUGLAS DR CARBONDALE IL 62901 58360559 0 X WWW.SIUF.ORG X 1942 IL PROVIDING PRIVATE SUPPORT FOR THE MISSION OF SOUTHERN ILLINOIS UNIV. AND THE POPULATION IT SERVES. 29 27 106 500 11109 0 13880802 16863285 69500 67202 6254220 13723861 6407 911394 20210929 31565742 9533684 10197241 0 0 203034 167034 0 0 1234153 5560880 5447273 15297598 15811548 4913331 15754194 204585467 260208288 3717100 4515453 200868367 255692835 X THE MISSION OF THE SOUTHERN ILLINOIS UNIVERSITY FOUNDATION IS TO PROVIDE ALUMNI AND OTHER FRIENDS A MEANS TO INVEST IN THE FUTURE OF OTHERS BY PROVIDING PRIVATE SUPPORT FOR THE ACADEMIC, RESEARCH AND PUBLIC SERVICE MISSION OF SOUTHERN ILLINOIS UNIVERSITY AND THE POPULATION IT SERVES. 0 0 4102248 3630443 ACADEMIC AND RESEARCH SUPPORT FUND ACTIVITIES THAT BENEFIT ACADEMIC AND RESEARCH ACTIVITIES OF THE UNIVERSITY AND THE INDIVIDUALS IT SERVES. 3761033 3449635 67202 UNIVERSITY AND COMMUNITY PROGRAMS FUND ACTIVITIES THAT BENEFIT RELATED PUBLIC SERVICE PROGRAMS OF THE UNIVERSITY AND THE INDIVIDUALS IT SERVES. 3135307 3117164 STUDENT ASSISTANCE PROVIDE SCHOLARSHIPS AND OTHER AWARDS PROGRAMS TO ASSIST INDIVIDUALS IN ACADEMIC EXCELLENCE ALSO, GRANTING FUNDS TO SOUTHERN ILLINOIS UNIVERSITY FOR THE PURPOSE OF PROVIDING STUDENT LOANS. 10998588 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 0 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 49 0 106 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 29 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 AK CA CO IL KY LA ME MD MA MI MN NV NH NJ NY ND OH OK OR SC UT WA WI DC X X CYNTHIA M CIGANOVICH 6184534900 1235 DOUGLAS DR CARBONDALE IL 62901 DR DANIEL F MAHONY PRESIDENT - SIU 2.00 45.00 X 0 339773 74542 AUSTIN A LANE CHANCELLOR - SIU 2.00 45.00 X 0 170500 32394 G DAVID DELANEY BOARD PRESIDENT 2.00 X X 0 0 0 MATTHEW S SOLVERSON BOARD PRESIDENT ELECT 1.00 X X 0 0 0 CAPT BARRY BATSON DIRECTOR 1.00 X 0 0 0 WILLIAM BECK DIRECTOR 1.00 X 0 0 0 DR JOHN G BENITEZ DIRECTOR 1.00 X 0 0 0 DR BILL CASPERSON DIRECTOR 1.00 X 0 0 0 DIANE R COMPARDO DIRECTOR 1.00 X 0 0 0 OYD J CRADDOCK DIRECTOR 1.00 X 0 0 0 RAY A GRIFFITH DIRECTOR 1.00 X 0 0 0 EDWARD A HAMILTON DIRECTOR 1.00 X 0 0 0 DR ROBERT JENSEN DIRECTOR 1.00 X 0 0 0 DANIEL G KORTE DIRECTOR 1.00 X 0 0 0 DR ELLA LACEY DIRECTOR 1.00 X 0 0 0 HOWARD Y LO DIRECTOR 1.00 X 0 0 0 WILLIAM J MCGRAW DIRECTOR 1.00 X 0 0 0 SCOTT MOLLER DIRECTOR 1.00 X 0 0 0 BETH MUELLER DIRECTOR 1.00 X 0 0 0 MICHAEL O'DAY DIRECTOR 1.00 X 0 0 0 ADAIRE PUTNAM DIRECTOR 1.00 X 0 0 0 RANDY RAGAN DIRECTOR 1.00 X 0 0 0 SUSAN W RASHID DIRECTOR 1.00 X 0 0 0 DR STEVEN TEDESCO DIRECTOR 1.00 X 0 0 0 GREG WEBB DIRECTOR 1.00 X 0 0 0 DR MICHAEL WILLIAMSON DIRECTOR 1.00 X 0 0 0 DAWN KORTE DIRECTOR 1.00 X 0 0 0 NEIL SWARTZ DIRECTOR 1.00 X 0 0 0 KEVIN BAME DIRECTOR 1.00 X 0 0 0 MICHELLE SCHAFER DIRECTOR THRU 8/18/20 1.00 X 0 0 0 MATTHEW KUPEC CEO BEGINNING 9/1/20 46.00 0.00 X 0 311644 0 CYNTHIA M CIGANOVICH CHIEF FINANCIAL OFFICER 40.00 0.00 X 0 138283 59986 RAE GOLDSMITH CEO THRU 8/31/20 17.00 2.00 X 0 160529 37651 HAROLD IRVIN SMITH EXECUTIVE DIRECTOR OF DEV. 40.00 0.00 X 0 127993 1856 CAROL J GREENLEE CORPORATE SECRETARY 38.00 5.00 X 0 75183 10750 0 1323905 217179 0 0 1 0 SOUTHERN ILLINOIS UNIVERSITY 1263 LINCOLN DR CARBONDALE IL 62901 CONSTRUCTION/COMMUNICATION 6876347 MR MATTHEW G KUPEC 1235 DOUGLAS DR CARBONDALE IL 62901 CONSULTING AND OTHER SERVICES 311644 FUND EVALUATION GROUP LLC PO BOX 71-5060 COLUMBUS OH 43271 INVESTMENT CONSULTING 152965 BLACKBAUD INC 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492 SOFTWARE PROGRAM AND TECH SUPPORT 148000 SIU ALUMNI ASSOCIATION 900 SOUTH NORMAL AVE MAIL CODE 680 CARBONDALE IL 62901 PRINTING COSTS FOR ALUMNI MAGAZINE 134404 5 10841 351285 102830 16398329 501301 16863285 ENDOWMENT ADMIN FEE FROM AGENCY 900099 38011 38011 SUPPLEMENT PAYMENT FROM SIU 900099 29191 29191 67202 4334408 -42555 4376963 1251 1251 54985 0 54985 54985 54985 36118858 6756 26728056 8105 9390802 -1349 9389453 53664 9335789 59916 351285 56136 3780 3780 10456 2520 7936 7936 ACTUARIAL ADJUSTMENT 900099 713540 713540 PREMIUMS ON LIFE INSURANCE 900099 74279 74279 PREMIUMS 900099 54354 54354 1269 1269 843442 31565742 67202 11109 14624146 7320745 7320745 2876496 2876496 141448 18945 122503 14082 654 9323 4105 11504 1573 9931 15094 7009 8085 34400 34400 1938464 1938464 1138535 262894 421900 453741 88812 23307 1135 64370 658967 313877 194164 150926 823641 12428 528358 282855 216672 9494 185578 21600 60928 17489 3127 40312 207110 113666 9634 83810 189510 189510 40568 5957 34611 PREMIUM ITEMS FOR SALE 34572 34572 15811548 10998588 3578807 1234153 1026 426 482290 306391 5775254 6778514 124677 1278325 3380 4380 164862 120293 2011729 897829 1287209 1113900 146379235 186548167 48213449 61598112 2154085 2459780 204585467 260208288 60054 175724 2600597 3216199 1056449 1123530 3717100 4515453 X 15162107 22638614 185706260 233054221 200868367 255692835 204585467 260208288 X 15754194 39310925 -240651 X 0 1 X 1 0 X 13152467 16560871 15502263 13880802 16863285 75959688 3126 2727 4015 4103571 6271648 10385087 13155593 16563598 15506278 17984373 23134933 86344775 2268429 84076346 3824471 4502807 4332728 4490906 4390644 21541556 313715 1094363 97791 6619 855158 2367646 110253977 350614 0.76260 0.73850 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CHANGE IN VALUE OF SPLIT INTEREST PREMIUMS ON LIFE INSURANCE OTHER SOURCES CHANGE IN VALUE OF BENEFICIAL INTEREST GAMING INCOME PREMIUMS FUNDRAISING INCOME ACTUARIAL ADJUSTMENT RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15811548 15811548 940577 235144 0 0 825939 861339 914880 940577 3542735 5314103 206485 215335 228720 235144 885684 1328526 222499 X HELD FOR INVESTMENT PURPOSES 1 0 1 X 147573732 9313392 43119886 126140 5469746 2402736 192008388 151146132 3331737 -317165 15955 4511199 2059818 147573732 146429190 3420261 3038511 254551 -183834 1671113 151146132 130782220 9895255 8509150 870024 -192977 2080388 146429190 115593162 7143071 13835373 1886430 2112490 1790466 130782220 0.04200 0.93900 0.01900 0 0 396000 307216 703216 58666 40098 18568 163416 158476 4940 1086431 699255 387176 1113900 HEDGE FUNDS 3541278 F PRIVATE EQUITY 8351575 F LEVERAGED LOANS 5885530 F DISTRESSED DEBT 5013001 F ALTERNATIVE STRATEGIES 1294692 F DOMESTIC EQUITIES 8190558 F REAL ESTATE 1553285 F NATURAL RESOURCES 10495313 F INTERNATIONAL EQUITIES 9581594 F CORP & MUNI BONDS 7691286 F 61598112 TRUST AND ANNUITIES PAYABLE 1117140 DEPOSITS HELD FOR OTHERS 6390 1123530 X 68946858 39310926 58654 39369580 29577278 1938464 50000 1988464 31565742 20444037 6271648 299305 6570953 13873084 1938464 1938464 15811548 PART III, LINE 4: DONATED ARTWORK TO HELP BENEFIT THE STUDENT SCHOLARSHIP PROGRAM. PART IV, LINE 2B: THE FOUNDATION ENTERED INTO AN AGREEMENT WITH SOUTHERN ILLINOIS UNIVERSITY TO ADMINISTER AS AGENCY FUNDS ANY ENDOWMENT FUNDS RECEIVED BY THE UNIVERSITY. PART V, LINE 4: SCHOLARSHIPS, RESEARCH, INSTRUCTION, LOANS, CAPITAL PROJECTS, AND OTHER. PART X, LINE 2: THE FOUNDATION IS A DESIGNATED SECTION 501(C)(3) ORGANIZATION WITH APPROPRIATE APPROVAL FROM THE INTERNAL REVENUE SERVICE TO ISSUE TAX-DEDUCTIBLE RECEIPTS FOR PRIVATE GIFTS RECEIVED TO SUPPORT SIU. THE IRS HAS FURTHER DETERMINED THAT THE FOUNDATION IS NOT A PRIVATE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 56,134. GAMING EXPENSES 2,520. PART XI, LINE 4B - OTHER ADJUSTMENTS: ALUMNI ASSOCIATION SUPPORT 50,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT 240,651. FUNDRAISING EVENT EXPENSES 56,134. GAMING EXPENSES 2,520. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES TRAVEL 2149 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES MEETINGS/CONFERENCES 495 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 17930693 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 281885 0 0 0 0 0 0 18215222 0 18215222 1 0 1 1 1 0 PART III ACCOUNTING METHOD: X X X X X X 1 RUFFALOCODY HOLDINGS LLC PO BOX 718 DES MOINES IA 503030718 DIGITAL DIAGLOGUE FEES, CALL CENTER SERVICE FEES 0 0 217286 0 217286 AK CA CO DC IL KY LA ME MD MA MI MN NV NH NJ NY ND OH OK OR SC UT WA WI AL AR FL GA KS MO NM NC PA RI TN WV CT HI MS VA MEN'S BASKETBALL 86300 63400 22900 DENIM & DIAMOND 79191 70981 8210 18 245710 216904 28806 27362 3329 19068 6377 411201 351285 59916 27362 3329 19068 6377 56136 3780 10456 2230 290 1 0.90000 10456 2230 290 2520 7936 IL 1 THE ORGANIZATION ACQUIRES LICENSES, WHEN APPLICABLE, TO OPERATE GAMING ACTIVITIES WITHIN ILLINOIS. 0 1 0 1.00000 CYNTHIA M CIGANOVICH 1235 DOUGLAS DRIVE CARBONDALE IL 62901 0 CYNTHIA M CIGANOVICH 0 MONITOR NEEDED LICENSES AND REPORTING X 0 1 SOUTHERN ILLINOIS UNIVERSITY CARBONDALE 1265 LINCOLN DRIVE CARBONDALE IL 62901 376005961 501(C)(3) 7008415 193125 FMV EQUIPMENT PROGRAM ACTIVITIES ASSOCIATION OF ALUMNI FORMER STUDENTS & FRIENDS 1235 DOUGLAS DRIVE CARBONDALE IL 62901 376033943 501(C)(3) 103205 SPONSORSHIP OF SIU ALUMNI MAGAZINE 2 SCHOLARSHIPS AND FELLOWSHIPS 1226 2744727 NON-SCHOLARSHIP GRANTS AND AWARDS 42 21655 NON-CASH AWARDS 65 29955 COST RENT, UTILITIES, MEDICAL BILLS SCHOLARSHIPS AND AWARDS TO INTERNATIONAL STUDENTS 33 80159 PART I, LINE 2: ALL SCHOLARSHIPS ARE PLACED DIRECTLY IN THE INDIVIDUAL'S BURSAR'S ACCOUNT TO PAY FOR TUITION, FEES, HOUSING, ETC. IF A STUDENT DROPS BEFORE DATE TO GET REFUND, THEN SCHOLARSHIPS ARE RETURNED TO SIU FOUNDATION. 0 0 0 1 1 0 0 0 0 DR DANIEL F MAHONY PRESIDENT - SIU 0 339773 0 0 0 0 0 26882 0 47660 0 414315 0 0 MATTHEW KUPEC CEO BEGINNING 9/1/20 0 261644 0 50000 0 0 0 0 0 0 0 311644 0 0 AUSTIN A LANE CHANCELLOR - SIU 0 170500 0 0 0 0 0 13651 0 18743 0 202894 0 0 CYNTHIA M CIGANOVICH CHIEF FINANCIAL OFFICER 0 126877 0 11406 0 0 0 16965 0 43021 0 198269 0 0 RAE GOLDSMITH CEO THRU 8/31/20 0 160529 0 0 0 0 0 12500 0 25151 0 198180 0 0 PART I, LINE 3 THE CEO'S COMPENSATION IS DETERMINED BY THE SOUTHERN ILLINOIS UNIVERSITY SYSTEM, A RELATED ORGANIZATION. THE SOUTHERN ILLINOIS UNIVERSITY FOUNDATION PROVIDES THE FOLLOWING SUPPORT TO THE SOUTHERN ILLINOIS UNIVERSITY CHANCELLOR TO DETERMINE THE CEO'S COMPENSATION: 1. COMPENSATION COMMITTEE, 2. COMPENSATION SURVEYS OR STUDIES, 3. APPROVAL BY THE BOARD OF DIRECTORS. PART I, LINE 5 MATTHEW KUPEC AND CYNTHIA CIGANOVICH RECEIVED BONUSES DURING THE 2020 TAX YEAR BASED ON THE FOUNDATION'S FUNDRAISING CAMPAIGN REACHING A CERTAIN DOLLAR VALUE. THE EXECUTIVE COMMITTEE ALSO AUTHORIZED A BONUS FOR MATT ON 6/30/2020 IN THE AMOUNT OF $25,000. X 15 5015 SALES PRICE X 8253 SALES PRICE X 27 429975 AVERAGE SALES PRICE X 3 565 SALES PRICE X 49 8270 SALES PRICE X AUCTION ITEMS 32 17428 SALES PRICE X LIFE INSURANCE 13 16495 ACTUAL COST X OTHER 6 15300 SALES PRICE 0 0 1 0 PART I, COLUMN (B): THE AMOUNTS LISTED IN COLUMN B REPRESENT THE NUMBER OF NON-CASH CONTRIBUTIONS THAT WERE RECEIVED BY THE ORGANIZATION DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF NOT FEWER THAN EIGHT OR MORE THAN ELEVEN ELECTED DIRECTORS AS NOMINATED ANNUALLY BY THE COMMITTEE ON DIRECTORS AND APPROVED BY THE BOARD. THE COMMITTEE WILL INCLUDE THE PRESIDENT, PRESIDENT-ELECT, IMMEDIATE PAST PRESIDENT, FINANCE COMMITTEE CHAIR, INVESTMENT COMMITTEE CHAIR, DEVELOPMENT COMMITTEE CHAIR AND THE BOARD OF TRUSTEES REPRESENTATIVE. ADDITIONALLY, THE PRESIDENT OF THE SOUTHERN ILLINOIS UNIVERSITY SYSTEM AND THE CHANCELLOR OF SOUTHERN ILLINOIS UNIVERSITY CARBONDALE SHALL BE EX OFFICIO MEMBERS OF THE COMMITTEE, WITHOUT VOTE. THE EXECUTIVE COMMITTEE CONDUCTS THE NECESSARY BUSINESS OF THE FOUNDATION WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION. THE BOARD DELEGATES POWER TO THE EXECUTIVE COMMITTEE AS APPROPRIATE, THOSE POWERS TO BE EXERCISED ONLY IN CONSONANCE WITH POLICIES EARLIER ESTABLISHED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B AFTER MANAGEMENT REVIEW, THE PUBLIC INSPECTION COPY OF THE FORM 990 WAS APPROVED FOR FILING BY THE BOARD'S FINANCE COMMITTEE. FOLLOWING THAT APPROVAL, THE PUBLIC INSPECTION COPY OF THE FORM 990 WAS MADE AVAILABLE TO THE GOVERNING BODY BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON DISCLOSES ANY FINANCIAL INTEREST AND ALL MATERIAL FACTS RELATING THERETO TO THE BOARD OR COMMITTEE AS SOON AS THE INTERESTED PERSON BECOMES AWARE OF A POSSIBLE CONFLICT OF INTEREST. UPON THE DISCLOSURE BY AN INTERESTED PERSON OF A FINANCIAL INTEREST AND ALL MATERIAL FACTS RELATING THERETO AND DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE LEAVES THE MEETING WHILE THE REMAINING MEMBERS OF THE BOARD OR COMMITTEE DISCUSS THE MATTER AND DETERMINE, BY MAJORITY VOTE WITHOUT THE INTERESTED PERSON VOTING, WHETHER OR NOT THE FINANCIAL INTEREST OF THE INTERESTED PERSON CONSTITUTES A CONFLICT OF INTEREST. IF A CONFLICT IS DETERMINED TO EXIST, THE BOARD OR COMMITTEE: 1. REQUIRES THE INTERESTED PERSON TO LEAVE THE MEETING DURING THE DISCUSSION OF AND THE VOTE ON THE TRANSACTION THAT RESULTS IN THE CONFLICT; PROVIDED, HOWEVER THAT THE INTERESTED PARTY MAY MAKE A PRESENTATION AT THE MEETING PRIOR TO LEAVING, 2. APPOINTS, IF DEEMED APPROPRIATE, A NON-INTERESTED PARTY TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION, 3. DETERMINES, BY MAJORITY VOTE WITHOUT THE INTERESTED PERSON VOTING, WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST, IS FOR THE ORGANIZATION'S OWN BENEFIT AND IS FAIR AND REASONABLE TO THE ORGANIZATION. THE POLICY APPLIES TO ANY TRANSACTION OR ARRANGEMENT BETWEEN THE ORGANIZATION AND ANY INTERESTED PERSON. AN INTERESTED PERSON IS A DIRECTOR, OFFICER OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -240,651. SOUTHERN ILLINOIS UNIVERSITY CARBONDALE 1265 LINCOLN DRIVE CARBONDALE IL 62901 376005961 UNIVERSITY IL 501(C)(3) LINE 6 N/A 0 CHARITABLE REMAINDER TRUSTS (4) 1235 DOUGLAS DR CARBONDALE IL 62901 376024575 INVESTMENT IL SOUTHERN ILLINOIS UNIVERSITY FOUNDATION T 0 0 1 1 0 0 0 0 0 0 1 1 1 1 1 1 1 0 1 0