COLLEGE HEIGHTS FOUNDATION INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE HEIGHTS FOUNDATION INC (EIN 61-0459494)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-08-18
- IRS object ID
- 202502309349300045
- Schema version
- 2024v5.2
- Note
- A later return for the same period supersedes this one.
- 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 I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-18T10:53:44-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 273858252 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEAN DORTON ALLEN FORD PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 435 N WHITTINGTON PKWY STE 400 | AddressLine1Txt |
| City | LOUISVILLE | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 610459494 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE HEIGHTS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLL | BusinessNameControlTxt |
| Phone | 2707454597 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1703 CHESTNUT STREET | AddressLine1Txt |
| City | BOWLING GREEN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 42101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONALD SMITH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2707454597 | PhoneNum |
| Signature | 2025-08-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMELIA SEBASTIAN | PreparerPersonNm |
| PTIN | P01251828 | PTIN |
| Phone | 5025896050 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DONALD SMITH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1703 CHESTNUT STREET | AddressLine1Txt |
| City | BOWLING GREEN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 42101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $95,510,966 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WKU.EDU/CHF | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1923 | FormationYr |
| Legal Domicile State | KY | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE ASSISTANCE AND ENCOURAGEMENT TO DESERVING STUDENTS ATTENDING WESTERN KENTUCKY UNIVERSITY THROUGH THE ADMINISTRATION OF SCHOLARSHIPS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 15 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $13,866,852 | PYContributionsGrantsAmt |
| CY Contributions Grants | $33,822,375 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,143,788 | PYInvestmentIncomeAmt |
| CY Investment Income | $14,363,119 | CYInvestmentIncomeAmt |
| PY Other Revenue | $56,755 | PYOtherRevenueAmt |
| CY Other Revenue | $30,512 | CYOtherRevenueAmt |
| PY Total Revenue | $23,067,395 | PYTotalRevenueAmt |
| CY Total Revenue | $48,216,006 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,719,797 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,549,863 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $45,792 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,321,716 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $233,778 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,569,580 | PYOtherExpensesAmt |
| CY Other Expenses | $11,603,843 | CYOtherExpensesAmt |
| PY Total Expenses | $17,335,169 | PYTotalExpensesAmt |
| CY Total Expenses | $21,475,422 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,732,226 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $26,740,584 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $257,436,367 | TotalAssetsBOYAmt |
| Total Assets EOY | $304,511,705 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $29,571,850 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $32,441,515 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $227,864,517 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $272,070,190 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE COLLEGE HEIGHTS FOUNDATION PROVIDES ASSISTANCE AND ENCOURAGEMENT TO DESERVING STUDENTS WHILE ADVANCING WESTERN KENTUCKY UNIVERSITY BY OFFERING FINANCIAL SUPPORT. THE CHF SERVES AS THE OFFICIAL REPOSITORY FOR PRIVATE GIFTS IN SUPPORT OF WKU AND IS COMMITTED TO SUPPORTING THE UNIVERSITY'S MISSION BY RECEIVING, INVESTING, STEWARDING, AND DISBURSING PRIVATE GIFTS IN ACCORDANCE WITH DONOR INTENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $17,904,811 | ExpenseAmt |
| Grant | $8,549,863 | GrantAmt |
| Desc | THE FOUNDATION PROVIDES SCHOLARSHIPS AND OTHER ASSISTANCE TO STUDENTS OF WESTERN KENTUCKY UNIVERSITY. | Desc |
| Total Program Service Expenses | $17,904,811 | 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 | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | 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 | Yes (1) | 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 | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | 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 | 0 | 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 | 103 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 15 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | 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 | Yes (1) | 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 | KY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DONALD SMITH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2707454597 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1703 CHESTNUT STREET | AddressLine1Txt |
| City | BOWLING GREEN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 42101 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| AMY HALE CHANDLER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GEN E DANIEL CHERRY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEXANDER DOWNING | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LYDIA DORMAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CLARENCE GLOVER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| R HARVEY JOHNSTON III | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARC A LOVELL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM MARTENS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JERRY MARTIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEANNA MILLS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL L SIMPSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SHANNON VITALE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GARRY WATKINS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHELLE WELLS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BOB YOUNG | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TIMOTHY CABONI | |||||||
| WKU PRESEIDENT (EX-OFFICIO | 2.00 | $0 | $625,702 | $61,474 | 35.50 | Yes (X) | |
| JESSICA CARVER | |||||||
| VICE PRESIDENT | 40.00 | $115,008 | $0 | $22,434 | Yes (X) | ||
| DONALD SMITH | |||||||
| PRESIDENT | 35.00 | $217,476 | $0 | $29,130 | 5.00 | Yes (X) | |
| CYNTHIA WILKERSON | |||||||
| TREASURER | 35.00 | $171,504 | $0 | $56,883 | 5.00 | Yes (X) | |
| SUE MILLER | |||||||
| SECRETARY (OUTGOING) | 8.00 | $6,215 | $0 | $0 | Yes (X) | ||
| KARA NEIDELL | |||||||
| SECRETARY (INCOMING) | 40.00 | $0 | $59,004 | $24,265 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $510,203 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $684,706 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $194,186 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN THOMAS DESIGN LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1677 SUNSET PARK DRIVE | AddressLine1Txt |
| City | NOLENSVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37135 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | DESIGN SERVICES | ServicesDesc |
| Compensation | $113,296 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $33,822,375 | AllOtherContributionsAmt |
| Noncash Contributions | $6,295,732 | NoncashContributionsAmt |
| Total Contributions | $33,822,375 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,505,289 | TotalRevenueColumnAmt |
| Exclusion | $5,505,289 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $24,325 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $24,325 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,325 | TotalRevenueColumnAmt |
| Exclusion | $24,325 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $55,047,419 | SecuritiesAmt |
| Other | $1,105,371 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $46,769,960 | SecuritiesAmt |
| Other | $525,000 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,277,459 | SecuritiesAmt |
| Other | $580,371 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,857,830 | TotalRevenueColumnAmt |
| Exclusion | $8,857,830 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $6,187 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,187 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,187 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,216,006 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,187 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $14,387,444 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,549,863 | TotalAmt |
| Program Services | $8,549,863 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $618,650 | TotalAmt |
| Management And General | $618,650 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $537,541 | TotalAmt |
| Management And General | $537,541 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,687 | TotalAmt |
| Management And General | $53,687 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,681 | TotalAmt |
| Management And General | $49,681 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,157 | TotalAmt |
| Management And General | $62,157 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $844 | TotalAmt |
| Management And General | $844 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,348 | TotalAmt |
| Management And General | $41,348 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,002,232 | TotalAmt |
| Management And General | $1,002,232 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,007,450 | TotalAmt |
| Program Services | $400,063 | ProgramServicesAmt |
| Management And General | $450,130 | ManagementAndGeneralAmt |
| Fundraising | $157,257 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,939 | TotalAmt |
| Program Services | $85,939 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $401,552 | TotalAmt |
| Program Services | $326,958 | ProgramServicesAmt |
| Management And General | $57,007 | ManagementAndGeneralAmt |
| Fundraising | $17,587 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,622 | TotalAmt |
| Management And General | $16,622 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,914 | TotalAmt |
| Program Services | $26,914 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,853,446 | TotalAmt |
| Program Services | $2,816,910 | ProgramServicesAmt |
| Fundraising | $36,536 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,803 | TotalAmt |
| Program Services | $135,320 | ProgramServicesAmt |
| Management And General | $4,483 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,141 | TotalAmt |
| Program Services | $46,141 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,723 | TotalAmt |
| Program Services | $53,723 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| REIMBURSED SALARIES AND | $2,753,774 | $2,372,358 | $381,416 |
| GIFTS AND DONATIONS | $1,741,577 | $1,741,577 | |
| CAPITAL EXPENDITURES | $867,371 | $867,371 | |
| MEMBERSHIP AND DUES | $303,574 | $282,307 | $21,267 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,533 | TotalAmt |
| Program Services | $199,367 | ProgramServicesAmt |
| Management And General | $39,768 | ManagementAndGeneralAmt |
| Fundraising | $22,398 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,475,422 | TotalAmt |
| Program Services | $17,904,811 | ProgramServicesAmt |
| Management And General | $3,336,833 | ManagementAndGeneralAmt |
| Fundraising | $233,778 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,355,782 | BOYAmt |
| EOY | $25,576,473 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,268,557 | BOYAmt |
| EOY | $10,374,854 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,105,371 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,815 | BOYAmt |
| EOY | $65,542 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,371,374 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $203,352 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,208,310 | BOYAmt |
| EOY | $1,168,022 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,787,349 | BOYAmt |
| EOY | $205,581,997 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,259,670 | BOYAmt |
| EOY | $16,354,890 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,487,884 | BOYAmt |
| EOY | $44,284,556 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $257,436,367 | BOYAmt |
| EOY | $304,511,705 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $802,931 | BOYAmt |
| EOY | $328,576 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,768,919 | BOYAmt |
| EOY | $32,112,939 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,571,850 | BOYAmt |
| EOY | $32,441,515 | 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 | $13,792,166 | BOYAmt |
| EOY | $17,861,181 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,072,351 | BOYAmt |
| EOY | $254,209,009 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,864,517 | BOYAmt |
| EOY | $272,070,190 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $257,436,367 | BOYAmt |
| EOY | $304,511,705 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $26,740,584 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $16,190,259 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,274,830 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,444,372 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,079,356 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,371,686 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,866,852 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $33,822,375 | CurrentTaxYearAmt |
| Total | $75,584,641 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,444,372 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,079,356 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,371,686 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,866,852 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $33,822,375 | CurrentTaxYearAmt |
| Total | $75,584,641 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $13,541,511 | SubstantialContributorsTotAmt |
| Public Support Total170 | $62,043,130 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,029,871 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,190,919 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,027,250 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,653,489 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,529,614 | CurrentTaxYearAmt |
| Total | $16,431,143 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $29,496 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,187 | CurrentTaxYearAmt |
| Total | $35,683 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $92,051,467 | TotalSupportAmt |
| Public Support CY170 | 0.67400 | PublicSupportCY170Pct |
| Public Support PY170 | 0.69110 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $182,341,167 | BeginningYearBalanceAmt |
| Contributions | $17,645,233 | ContributionsAmt |
| Investment Earnings Or Losses | $16,282,400 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,089,722 | OtherExpendituresAmt |
| End Year Balance | $215,179,078 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $84,138,835 | BeginningYearBalanceAmt |
| Contributions | $4,218,337 | ContributionsAmt |
| Investment Earnings Or Losses | $96,474,009 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,490,014 | OtherExpendituresAmt |
| End Year Balance | $182,341,167 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $80,971,610 | BeginningYearBalanceAmt |
| Contributions | $4,930,678 | ContributionsAmt |
| Investment Earnings Or Losses | -$391,318 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,372,135 | GrantsOrScholarshipsAmt |
| End Year Balance | $84,138,835 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $75,177,071 | BeginningYearBalanceAmt |
| Contributions | $6,062,670 | ContributionsAmt |
| Investment Earnings Or Losses | $690,996 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $959,127 | GrantsOrScholarshipsAmt |
| End Year Balance | $80,971,610 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $71,331,225 | BeginningYearBalanceAmt |
| Contributions | $4,767,529 | ContributionsAmt |
| Investment Earnings Or Losses | $154,434 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,076,117 | GrantsOrScholarshipsAmt |
| End Year Balance | $75,177,071 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.05000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.95000 | PrmnntEndowmentBalanceEOYPct |
| 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 | $521,336 | OtherCostOrOtherBasisAmt |
| Book Value | $521,336 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $443,220 | OtherCostOrOtherBasisAmt |
| Depreciation | $133,478 | DepreciationAmt |
| Book Value | $309,742 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $106,818 | OtherCostOrOtherBasisAmt |
| Depreciation | $69,874 | DepreciationAmt |
| Book Value | $36,944 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $300,000 | OtherCostOrOtherBasisAmt |
| Book Value | $300,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,168,022 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FIDELITY 500 INDEX FUND | Desc |
| Book Value | $16,354,890 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $16,354,890 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ASSETS HELD FOR OTHERS | $28,525,792 |
| BENEFICIAL INTEREST-3RD PARTY TRUST | $15,674,664 |
| CSV INSURANCE POLICY | $70,522 |
| OPERARING LEASE ASSET | $13,578 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $44,284,556 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED GIFT LIABILITIES | $3,386,057 |
| LIABILITY FOR ASSETS HELD FOR OTHERS | $28,525,792 |
| OPERATING LEASE LIABILITY | $13,839 |
| OTHER LIABILITIES | $187,251 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $32,112,939 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $65,699,953 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $16,190,259 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,293,688 | OtherRevenueAmt |
| Revenue Not Reported | $17,483,947 | RevenueNotReportedAmt |
| Revenue Subtotal | $48,216,006 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $48,216,006 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $21,494,280 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $18,858 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $18,858 | ExpensesNotReportedAmt |
| Expenses Subtotal | $21,475,422 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $21,475,422 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | A FOOTNOTE DISCLOSURE WAS NOT PRESENTED IN THE AUDITED FINANCIAL STATEMENTS DUE TO THE IMMATERIAL VALUE OF ARTWORK MAINTAINED BY AND LOANED TO THE FOUNDATION. |
| PART IV, LINE 2B: | ASSETS HELD FOR OTHERS REPRESENT RESOURCES IN THE POSSESSION OF, BUT NOT UNDER THE CONTROL OF, THE FOUNDATION. AT DECEMBER 31, 2024, ASSETS HELD FOR OTHERS CONSIST OF THE FOLLOWING: WKU - REGIONAL UNIVERSITY EXCELLENCE TRUST FUND $20,692,406; TINCHER FAMILY FUND - HILLTOPPER ATHLETIC FOUNDATION $124,268; HILLTOPPER ATHLETIC FOUNDATION $3,260,390; WKU ALUMNI ASSOCIATION $842,984; LIFEWORKS $2,977,331; GREEN RIVER $51,485; MARTENS ALUMNI CENTER $230,896; WKU - NON-FOUNDATION EMPLOYEE DEFERRED COMPENSATION BENEFIT PLAN $346,032; TOTAL ASSETS HELD FOR ANOTHER $28,525,792. ACCORDINGLY, THE BALANCE SHEET REFLECTS A LIABILITY FOR ASSETS HELD FOR OTHERS IN THE AMOUNT OF $28,525,792 AS OF DECEMBER 31, 2024. |
| PART V, LINE 4: | THE ORGANIZATION INTENDS TO USE THE ENDOWMENT FUNDS FOR SUPPORT OF WESTERN KENTUCKY UNIVERSITY. |
| PART X, LINE 2: | WHEN APPLICABLE, THE FOUNDATION RECOGNIZES UNCERTAIN TAX POSITIONS USING A "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO SUCH UNCERTAIN TAX POSITIONS HAVE BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | NET ACTUARIAL GAIN FROM DEFERRED GIFT LIABILITIES 1,195,951. NON-CASH CONTRIBUTIONS 97,737. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | PROVISION FOR UNCOLLECTIBLE PLEDGES -78,879. NON-CASH CONTRIBUTIONS 97,737. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | STUDENT SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 2835 | RecipientCnt |
| Cash Grant | $8,549,863 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION DISBURSES SCHOLARSHIPS EACH SEMESTER DIRECTLY TO THE UNIVERSITY. THE UNIVERSITY OR SCHOLARSHIP COMMITTEE SELECTS THE RECIPIENT(S) OF EACH SCHOLARSHIP BASED ON THE GUIDELINES AGREED UPON WHEN EACH SCHOLARSHIP WAS CREATED. EACH YEAR, IN DETERMINING WHETHER A RETURNING STUDENT QUALIFIES FOR SCHOLARSHIP RENEWAL AND IN ORDER TO RECEIVE FULL CONSIDERATION, A SCHOLARSHIP APPLICATION MUST BE COMPLETED AND SUBMITTED BY DECEMBER 31ST. THE SCHOLARSHIP COMMITTEE WILL ALSO REVIEW THE STUDENT'S TRANSCRIPTS TO ENSURE THE STUDENT IS IN GOOD ACADEMIC STANDING WITH THE UNIVERSITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMOTHY CABONI | ||||||||||||||
| WKU PRESEIDENT (EX-OFFICIO | $0 | $539,741 | $0 | $0 | $0 | $85,961 | $0 | $30,153 | $0 | $31,321 | $0 | $687,176 | $0 | $0 |
| DONALD SMITH | ||||||||||||||
| PRESIDENT | $217,476 | $0 | $0 | $0 | $0 | $0 | $21,748 | $0 | $7,382 | $0 | $246,606 | $0 | $0 | $0 |
| CYNTHIA WILKERSON | ||||||||||||||
| TREASURER | $171,504 | $0 | $0 | $0 | $0 | $0 | $45,950 | $0 | $10,933 | $0 | $228,387 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | DR. TIMOTHY CABONI - $346,032 | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 53 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,295,732 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | QUOTED STOCK PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 3 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | UPON RECEIPT OF GIFTS OF REAL ESTATE, THE FOUNDATION WILL EITHER ENGAGE THE CHF PROPERTY MANAGER TO ASSIST WITH THE SALE OF EACH PROPERTY OR HOLD THE REAL ESTATE PROPERTY. ALSO, OCCASIONALLY AN ENVIRONMENTAL FIRM WILL BE USED TO PERFORM EVALUATIONS OF POTENTIAL GIFTS OF REAL ESTATE TO ENSURE THERE ARE NO ENVIRONMENTAL PROBLEMS WITH THE PROPERTY. UPON RECEIPT OF PUBLICLY TRADED SECURITIES, THESE SECURITIES ARE PLACED IN THE FOUNDATION'S EQUITY INVESTMENT ACCOUNT AND SOLD PROMPTLY BY THE FOUNDATION'S FINANCIAL ADVISORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | ALEXANDER DOWNING (DIRECTOR) AND DONALD SMITH (PRESIDENT) HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ON A REGULAR BASIS BY ALL DIRECTORS AND ARE REVIEWED ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15 | ALL SALARY DETERMINATIONS ARE MADE BY AN ANNUAL REVIEW OF INDEPENENT MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION MAKES GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AT THEIR OFFICE DURING NORMAL BUSINESS HOURS. |
| FORM 990, PART XI, LINE 9: | NET ACTUARIAL GAIN FROM DEFERRED GIFT LIABILITIES 1,195,951. PROVISION FOR UNCOLLECTIBLE PLEDGES 78,879. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| WESTERN KENTUCKY UNIVERSITY | ||||||||||
| 1906 COLLEGE HEIGHTS BLVD | BOWLING GREEN | KY | 42101 | 616055628 | EDUCATION | KY | 115(1) | N/A | 0 | |
| WKU REAL ESTATE CORPORATION | ||||||||||
| 1703 CHESTNUT STREET | BOWLING GREEN | KY | 42101 | 611336292 | REAL ESTATE | KY | 501 | N/A | 0 | 5 |
| WESTERN KENTUCKY UNIVERSITY FOUNDATION | ||||||||||
| 1703 CHESTNUT STREET | BOWLING GREEN | KY | 42101 | 611251555 | SUPPORT WESTERN KENTUCKY UNIVERSITY | KY | 501(C)(3) | N/A | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | 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 | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WKU REAL ESTATE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | D | TransactionTypeTxt |
| Involved | $2,531,670 | InvolvedAmt |
| Method Of Amount Determination | REQUIRED CONTRACT PMTS | MethodOfAmountDeterminationTxt |
Comments