2021-03-11T16:17:24-06:00 2020-04-30 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2019-05-01 680274677 Simpson University Foundation SIMP 5302245600 2211 College View Dr Redding CA 96003 Timothy N Dietz CFO 5302245600 2021-03-11 1 Ted R Batson Jr P00721951 7145770988 2019 2022-09-23 18:48:47Z Dr Norman Hall 2211 College View Dr Redding CA 96003 3870042 0 X simpsonu.edu X 1992 CA Raise and manage private support for the benefit of Simpson University. 6 4 0 5 0 0 751228 1650645 0 0 342431 712993 363 0 1094022 2363638 1081847 2078836 0 0 0 0 0 0 0 112875 105000 1194722 2183836 -100700 179802 9656526 9087441 758289 762096 8898237 8325345 Raise and manage private support for the benefit of Simpson University. 0 0 2078836 2078836 The Foundation receives and transfers gifts to Simpson University. 2078836 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 AK CA CO FL MD OR SC WA X Timothy N Dietz 5302245600 2211 College View Dr Redding CA 96003 Dr Norman D Hall Chief Executive Officer/President 1.00 39.00 X X 0 119305 109357 Mr Robert Quirk part year Secretary 1.00 39.00 X 0 122989 34618 Mr Timothy N Dietz Chief Financial Officer 1.00 39.00 X X 0 91807 20117 Mr Ken White part year Secretary 39.00 1.00 X X 0 36284 28429 Alan Burchett Chair 1.00 1.00 X X 0 0 0 Dr Jo Anne C Cripe Vice Chair 1.00 1.00 X X 0 0 0 Dr Raymond Reid part year Vice Chair 1.00 1.00 X X 0 0 0 Mrs Julie K Irving Trustee 1.00 1.00 X 0 0 0 Dr James Postma Trustee 1.00 1.00 X 0 0 0 Mr Roy Melendez Secretary 1.00 0.00 X 0 0 0 0 370385 192521 0 0 1 0 0 1650645 1650645 319241 319241 1900156 1506404 393752 393752 393752 2363638 0 0 712993 2078836 2078836 105000 105000 2183836 2078836 105000 0 651 135681 221202 431808 540425 1098403 6140938 9089037 1085822 9656526 9087441 758289 762096 758289 762096 X 8898237 8325345 8898237 8325345 9656526 9087441 179802 -698944 -53750 0 X 0 1 X 1 0 X X 1 Simpson University 941339635 2 1 2078836 0 1 2078836 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Part IV Simpson University Foundation has determined that, notwithstanding its classification as an organization described in section 509(a)(3), it nonetheless meets the public support test applicable to organizations described in section 170(b)(1)(A)(vi) and is therefore permitted to use the first special rule listed on page 1 of Schedule B in determining the threshold for listing donors on Schedule B, Part I. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7649301 40846 -19475 1680219 5990453 7400106 99629 416109 266543 7649301 7206577 118227 328316 253014 7400106 6539894 242463 561965 137745 7206577 6493269 406732 -137116 222991 6539874 0.05860 0.94140 0 0 0 Assets under annuity 1085822 1085822 Liability under annuity/trust agreements 762096 762096 Part V, Line 4: To fund student scholarships. Form 990, Schedule D, Part V, Lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 04/30/2020. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions 1 Simpson University 2211 College View Dr Redding CA 96003 941339635 501(c)(3) 2078836 To support Simpson University. 1 0 Part I, Line 2: Simpson University Foundation operates for the benefit of Simpson University. The Foundation administers funds received and disburses them to Simpson University. Additionally, the financial records of both Simpson University Foundation and Simpson University are managed at the same location. 0 0 0 0 0 0 0 0 0 Dr Norman D Hall Chief Executive Officer/President 0 118615 0 0 0 690 0 12347 0 97700 0 229352 0 0 Mr Robert Quirk part year Secretary 0 119805 0 0 0 3184 0 0 0 37802 0 160791 0 0 Part I, Line 3 The Simpson University Executive Committee of the board of trustees reviews compensation data compiled from the Coalition of Christian Colleges and University's (CCCU) national salary survey. This data shows current executive salaries and considers those along with the standard employee pay increase for all university employees. The Executive Committee determines the compensation for all Simpson University executives. The Simpson University Secretary of the board of trustees signs the employee contracts for executives and the signed contracts are saved in the applicable human resource files. Form 990, Part VI, Section A, line 7a The members of the Simpson University Foundation Board of Directors shall be selected by the majority vote of the Board of Trustees of Simpson University. Form 990, Part VI, Section A, line 7b The Simpson University Foundation Articles of Incorporation may not be amended without the approval of the a majority vote of the Simpson University Board of Trustees. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The Foundation has a written conflict of interest policy that is signed by all officers and board members on an annual basis. The signed statements are reviewed by members of the Executive Committee. The individual members of the Executive Committee do not review their own signed statement. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VI, Line 1a The Board of Directors may, by a majority vote of Directors then in office, designate three (3) or more of its members (who may also be serving as officers of this corporation) to constitute an Executive Committee and delegate to such Committee any of the powers and authority of the Board in the management of the Business and affairs of the corporation, except with respect to: (a)The approval of any action which, under law or the provisions of these Bylaws, requires the approval of the members or of a majority of all the members. (b)The filling of vacancies on the Board or on any committee which has the authority of the Board. (c)The fixing of compensation of the Directors for serving on the Board or on any committee. (d)The amendment or repeal of Bylaws or the adoption of new Bylaws. (e)The amendment or repeal of any resolution of the Board which by its express terms is not so amendable or repealable. (f)The appointment of committees of the Board or the members thereof. (g)The expenditure of corporate funds to support a nominee for Director after there are more people nominated for Director than can be elected. (h)The approval of any transaction to which this corporation is a party and in which one or more of the Directors has a material financial interest, except as expressly provided in Section 5233(d)(3) of the California Nonprofit Benefit Corporation Law. By a majority vote of its members then in office, the Board may at any time revoke or modify any or all of the authority so delegated, increase or decrease but not below two (2) the number of its members, and fill vacancies therein from the members of the Board. The committee shall keep regular minutes of its proceedings, cause them to be filled with the corporate records, and report the same to the Board from time to time as the Board may require Simpson University 2211 College View Dr Redding CA 96003 941339635 Higher education CA 501(c)(3) Line 2 N/A 0 Charitable Remainder Annuity Trust (1) Trust CA Simpson University Foundation 1 Charitable Remainder Unitrust (2) Trust CA Simpson University Foundation 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0