2021-11-10T16:31:40-06:00 2021-06-30 381357951 PLANTE & MORAN PLLC 250 S HIGH ST SUITE 100 COLUMBUS OH 43215 990 2020-07-01 346576610 YOUNGSTOWN STATE UNIVERSITY FOUNDATION YOUN 3309413211 655 WICK AVENUE YOUNGSTOWN OH 44502 PAUL MCFADDEN PRESIDENT 3309413211 2021-11-09 1 PAUL MCFADDEN 999009999 TINA M PETERS CPA P00904574 6148493000 2021-11-09 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z PAUL MCFADDEN 655 WICK AVENUE YOUNGSTOWN OH 44502 127280442 0 X YSUFOUNDATION.ORG X 1966 OH TO SUPPORT YOUNGSTOWN STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS AND PROGRAMATIC SUPPORT. 43 43 24 0 -1117 0 11449028 12043662 0 0 5174157 25761654 0 0 16623185 37805316 15787387 13080957 0 0 1194997 1428914 0 0 643946 525774 1479639 17508158 15989510 -884973 21815806 267216518 337056752 11225750 9918553 255990768 327138199 X THE YOUNGSTOWN STATE UNIVERSITY FOUNDATION IS DEVOTED TO THE SUPPORT, EXPANSION AND DEVELOPMENT OF EDUCATIONAL PROGRAMS AT YOUNGSTOWN STATE UNIVERSITY DEEMED USEFUL TO THE STUDENTS AND BENEFICIAL TO THE COMMUNITY. 0 0 13681174 13080957 THE YOUNGSTOWN STATE UNIVERSITY FOUNDATION IS AN INDEPENDENT, AUTONOMOUS, PRIVATE, NON-PROFIT CORPORATION THAT PURSUES, MANAGES AND DISTRIBUTES RESOURCES TO SUPPORT SCHOLARSHIPS AND STUDENT INITIATIVES, AS WELL AS THE GROWTH AND DEVELOPMENT OF YOUNGSTOWN STATE UNIVERSITY.THE YOUNGSTOWN STATE UNIVERSITY FOUNDATION WILL BE A CATALYTIC FORCE FOR THE ADVANCEMENT OF YSU, THE YOUNGSTOWN COMMUNITY, AND NORTHEAST OHIO, AND WILL BE A CRITICAL SOURCE OF SUPPORT, OPPORTUNITY, AND EXCELLENCE FOR YSU STUDENTS AND UNIVERSITY PROGRAMS.THE COMPETITION FOR STUDENTS IN HIGHER EDUCATION HAS NEVER BEEN GREATER. THE YSU FOUNDATION, PROVIDING OVER $13.1 MILLION IN ANNUAL SCHOLARSHIP AID, HAS HISTORICALLY DESIGNED SCHOLARSHIP AWARDS TO PROVIDE ACCESS TO ATTEND YSU. TWO OF THE YSU FOUNDATION'S IMPORTANT INITIATIVES ARE THE MINORITY SCHOLARSHIP MATCH PROGRAM AND THE STUDENT INVESTMENT FUND. FOR THE PAST DECADE, THE YSU FOUNDATION HAS MATCHED ALL GIFTS TO MINORITY SCHOLARSHIPS. THIS HAS ATTRACTED OVER $1,867,000 IN GIFTS, HELPING YSU INCREASE THE DIVERSITY OF ITS STUDENT BODY. THE FOUNDATION ALSO PROVIDES GRANTS TO YOUNGSTOWN STATE UNIVERSITY FOR THE PURPOSE OF LECTURES AND SYMPOSIUMS AND FOR THE OPERATIONS OF VARIOUS DEPARTMENTS AND CENTERS. 13681174 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 1 24 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 43 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X PAUL MCFADDEN 3309413211 655 WICK AVENUE YOUNGSTOWN OH 44502 PAUL MCFADDEN PRESIDENT 40.00 0.00 X 210967 0 20581 HEATHER CHUNN VICE PRESIDENT 40.00 0.00 X 108983 0 17696 FRANK HIERRO CHAIR/TRUSTEE 1.00 0.00 X X 0 0 0 ED MURANSKY VICE CHAIR/TRUSTEE 1.00 0.00 X X 0 0 0 PETER J ASIMAKOPOULOS TREASURER/TRUSTEE 1.00 0.00 X X 0 0 0 DOUG SWEENEY ASSISTANT TREASURER/TRUSTEE 1.00 0.00 X X 0 0 0 MARY BETH HOUSER SECRETARY/TRUSTEE 1.00 0.00 X X 0 0 0 NADER ATWAY ASSISTANT SECRETARY/TRUSTEE 1.00 0.00 X X 0 0 0 EUGENIA C ATKINSON TRUSTEE PART YEAR 1.00 0.00 X 0 0 0 NANCY BEEGHLY TRUSTEE 1.00 0.00 X 0 0 0 A GARY BITONTE TRUSTEE 1.00 0.00 X 0 0 0 RICHARD BLASE TRUSTEE 1.00 0.00 X 0 0 0 SUSAN BRINEY TRUSTEE PART YEAR 1.00 0.00 X 0 0 0 LEE BURDMAN TRUSTEE 1.00 0.00 X 0 0 0 MARTHA BUSHEY TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY M CAFARO SR TRUSTEE 1.00 0.00 X 0 0 0 NIKKI CARTER TRUSTEE 1.00 0.00 X 0 0 0 THOMAS J CAVALIER TRUSTEE 1.00 0.00 X 0 0 0 Y T CHIU JR TRUSTEE 1.00 0.00 X 0 0 0 DOMENIC L CONSTANTINI TRUSTEE 1.00 0.00 X 0 0 0 ALAN W COPE TRUSTEE 1.00 0.00 X 0 0 0 MILLICENT S COUNTS TRUSTEE 1.00 0.00 X 0 0 0 SERGUL ERZURUM TRUSTEE 1.00 0.00 X 0 0 0 REX A FERRY TRUSTEE PART YEAR 1.00 0.00 X 0 0 0 ALFRED J FLEMING TRUSTEE 1.00 0.00 X 0 0 0 THOMAS J FLEMING TRUSTEE 1.00 0.00 X 0 0 0 JOHN F GELETKA TRUSTEE 1.00 0.00 X 0 0 0 JAMES GELLER TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN J GURGOVITS TRUSTEE 1.00 0.00 X 0 0 0 MITCHELL J JOSEPH TRUSTEE 1.00 0.00 X 0 0 0 BENJAMIN KECK TRUSTEE 1.00 0.00 X 0 0 0 JOCELYNE KOLLAY LINSALATA TRUSTEE 1.00 0.00 X 0 0 0 JOHN MOLITERNO TRUSTEE 1.00 0.00 X 0 0 0 GARRY L MROZEK TRUSTEE 1.00 0.00 X 0 0 0 ELBA NAVARRO TRUSTEE 1.00 0.00 X 0 0 0 JUDE NOHRA TRUSTEE 1.00 0.00 X 0 0 0 CARL A NUNZIATO TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY PAYIAVLAS TRUSTEE 1.00 0.00 X 0 0 0 JOHN L POGUE TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM POOLE TRUSTEE 1.00 0.00 X 0 0 0 RICHARD J SCHIRALDI TRUSTEE 1.00 0.00 X 0 0 0 THEODORE SCHMIDT TRUSTEE 1.00 0.00 X 0 0 0 SCOTT SCHULICK TRUSTEE 1.00 0.00 X 0 0 0 JAMES H SISEK TRUSTEE 1.00 0.00 X 0 0 0 MARTIN SOLOMON TRUSTEE 1.00 0.00 X 0 0 0 RAJIV TANEJA TRUSTEE 1.00 0.00 X 0 0 0 RICHARD B THOMPSON TRUSTEE 1.00 0.00 X 0 0 0 STUART WISE TRUSTEE 1.00 0.00 X 0 0 0 319950 0 38277 2 0 1 0 GRAYSTONE CONSULTING 4449 EASTON WAY SUITE 300 COLUMBUS OH 43219 INVESTMENT MANAGEMENT 389544 1 X 12043662 348816 12043662 6493820 -1117 6494937 108742960 89475126 19267834 19267834 19267834 37805316 0 -1117 25762771 13080957 13080957 393682 104746 171539 117397 786605 301143 191560 293902 42189 14466 13311 14412 120148 41571 36285 42292 86290 29846 26094 30350 38177 38177 94496 94496 783248 783248 10733 349 10251 133 183316 75992 12614 94710 36862 8772 14182 13908 59408 9177 37790 12441 66881 66881 28094 720 4894 22480 21887 13435 6531 1921 32067 32067 17310 17310 BAD DEBT 103204 103204 MEMBERSHIP DUES 3226 3226 SUBSCRIPTIONS 730 730 15989510 13681174 1664390 643946 2092541 1031736 9235074 9723070 936986 677778 331068 97057 192445 234011 254739015 325195829 20457 194328 267216518 337056752 1238176 589978 9987574 9328575 11225750 9918553 X 143733963 179416076 112256805 147722123 255990768 327138199 267216518 337056752 21815806 49331625 0 X X 0 1 X 1 0 X 13695527 15200061 16920660 11449028 12043662 69308938 13695527 15200061 16920660 11449028 12043662 69308938 984749 68324189 2613288 2611105 1875187 2765239 5710572 15575391 84884329 0.80490 0.84050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 251128065 7995392 72815522 11323528 320615451 255732176 7510668 -1692772 10422007 251128065 241189000 10965173 13508397 9930394 255732176 225044989 8957920 18026169 10840078 241189000 204701206 5100602 24098923 8855742 225044989 0.57601 0.42399 0.00000 0 0 41524 41524 289544 97057 192487 234011 86353693 49331625 49331625 37022068 783248 783248 37805316 15206262 0 15206262 783248 783248 15989510 PART V, LINE 4: THE ORGANIZATION'S USE OF ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIPS AND OTHER SPECIFIED USES FOR THE BENEFIT OF STUDENTS AND RELATED ACTIVITIES AND PROGRAMS AT YOUNGSTOWN STATE UNIVERSITY. CENTRAL AMERICA AND THE CARRIBEAN 0 0 INVESTMENTS 65760054 0 0 0 0 0 0 65760054 0 65760054 1 0 1 1 1 0 PART III ACCOUNTING METHOD: 0 YOUNGSTOWN STATE UNIVERSITY ONE UNIVERSITY PLAZA YOUNGSTOWN OH 44555 341011998 170(B)(I)(A)(II) 13080957 TO EXCLUSIVELY SUPPORT YOUNGSTOWN STATE UNIVERSITY. 1 0 PART I, LINE 2 THE FOUNDATION EXCLUSIVELY SUPPORTS YOUNGSTOWN STATE UNIVERSITY WHICH IS LOCATED WITHIN THE UNITED STATES. YSU FOUNDATION ANNUALLY FOLLOWS UP WITH THE UNIVERSITY ON THE USE OF AWARDED GRANTS TO ASSURE THEY ARE USED FOR THE INTENDED PURPOSES. X X X 0 0 0 0 0 0 0 0 0 PAUL MCFADDEN PRESIDENT 210967 0 0 0 0 0 7333 0 13248 0 231548 0 0 0 X 13 254661 MARKET QUOTATIONS X EQUIPMENT 4 94190 FMV 0 0 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN LINE 9, COLUMN B IS THE NUMBER OF DONORS WHO CONTRIBUTED SHARES OF PUBLICLY TRADED STOCK OR BONDS TO THE FOUNDATION. THE AMOUNT REPORTED IN LINE 25, COLUMN B IS THE NUMBER OF DONORS WHO CONTRIBUTED EQUIPMENT TO THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B IRS FORM 990 IS REVIEWED AND APPROVED BY THE FOUNDATION'S EXECUTIVE COMMITTEE AND AUDIT COMMITTEE. THE FOUNDATION ALSO PROVIDED THE FORM 990 TO EACH VOTING MEMBER OF THE BOARD OF TRUSTEES IN PAPER AND/OR ELECTRONIC FORM. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES OF THE ORGANIZATION SIGN CONFLICT OF INTEREST POLICIES ANNUALLY. CONFLICTS OF INTEREST ARE IDENTIFIED DURING BOARD MEETINGS BY THE TRUSTEES AND BOARD MEMBERS ABSTAIN FROM VOTING IF THEY HAVE A CONFLICT. BOARD MEMBERS ARE AWARE OF THE NEED TO DISCLOSE CONFLICTS OF INTEREST AS SOON AS THEY ARISE, AND THE PRESIDENT ALSO MONITORS THE CONFLICTS OF INTEREST THROUGHOUT THE YEAR. THE BOARD CHAIR REVIEWS THE PRESIDENT'S COMPLETED CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE PROVIDES TO THE BOARD CHAIR A SALARY RANGE BASED UPON THE REVIEW OF COMPENSATION PAID TO SIMILAR POSITIONS REPORTED ON THE FORM 990 OF OTHER ORGANIZATIONS TO DETERMINE THE PRESIDENT'S AND VICE PRESIDENT OF OPERATIONS/HR'S COMPENSATION. THE BOARD CHAIR DETERMINES, REVIEWS AND APPROVES THE COMPENSATION AMOUNT AND COMMUNICATES IT TO THE PRESIDENT AND VICE PRESIDENT OF OPERATIONS/HR THROUGH E-MAIL. THE COMPENSATION REVIEW PROCESS WAS LAST COMPLETED IN JANUARY 2021. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VIII, LINE 1: EFFECTIVE APRIL 1, 2015, THE FOUNDATION ENTERED INTO A DEVELOPMENTAL AGREEMENT WITH YOUNGSTOWN STATE UNIVERSITY WHEREIN THE FOUNDATION RAISES AND MAINTAINS DONATIONS ON BEHALF OF THE UNIVERSITY. THE FOUNDATION REMITS ALL RELATED FUNDS WHICH HAVE BEEN RECEIVED TO THE UNIVERSITY ON A MONTHLY BASIS. FOR THE YEAR ENDED JUNE 30, 2021, THE FOUNDATION RECORDED CONTRIBUTION REVENUE OF $1,565,904 AND DISTRIBUTION EXPENSES OF $3,304,857. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF TRUSTEES PROCESS OF ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED OR BEEN REVISED FROM THE PRIOR YEAR TO THE CURRENT YEAR.