2020-03-18T15:19:36-07:00 2019-06-30 990 2018-07-01 556011111 MARSHALL UNIVERSITY FOUNDATION INCORPORATED MARS 3046966264 519 John Marshall Drive Huntington WV 25703 R Scott Anderson CFO 3046963388 2020-03-18 198.206.224.84 2018 2020-09-23 17:36:50Z R Scott Anderson 519 John Marshall Drive Huntington WV 25703 66009525 0 X www.marshall.edu/foundation/ X 1947 WV The Marshall University Foundation was chartered on January 3, 1947 as an independent non-profit organization to receive, invest, administer and disburse private resources on behalf of Marshall University. 29 29 50 100 35691 0 11105317 49267994 108703 76696 1979159 1573743 79626 69107 13272805 50987540 8965285 8508874 0 0 2257912 2533762 19324 14160 1453096 5251446 5763232 16493967 16820028 -3221162 34167512 258659897 304781369 72238890 74826005 186421007 229955364 The organization's primary exempt purpose is to provide support to Marshall University by receiving, investing and administering private resources. 0 0 8508874 0 0 The organization provides support in the form of scholarships and awards to faculty and students related to their educational pursuits at the university 1122836 0 0 The organization provides support to the university broadly and to individual departments in support of their respective education priorities in the form of payroll and stipend support, as well as to designated funds on behalf of departmental and university projects. 1690200 0 0 Department and unit operating funds provide additional resources for programs, travel, training, equipment and supplies, and other miscellaneous purposes on behalf of university departments 1586545 0 0 Other expenses attributable to program funds in support of the university and departments, and adjustments for bad debts. 1586545 0 0 12908455 1 1 0 0 0 0 0 1 1 1 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 164 0 1 50 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 CA KY MD MI MN NH NJ NY OK OR SC UT WI WV X X X R Scott Anderson 3046963388 519 John Marshall Drive Huntington WV 25703 Mr Lake Polan III Chair 2 0 X 0 0 0 Mrs Sharon Shaffer Vice Chair 2 0 X 0 0 0 Mr David Helmer Treasurer 2 0 X 0 0 0 Mr Leon K Oxley Secretary 2 0 X X 0 0 0 Mr Mark A Chandler Immediate Past Chair 2 1 X 0 0 0 Mr Joseph M Gillette Past Chair 2 0 X 0 0 0 Mr John Ashford Director 2 1 X 0 0 0 Mr Gary D Baldwin Director 2 0 X 0 0 0 Mrs Nancy E Campbell Director 2 0 X 0 0 0 Mrs Johnna Coats Director 2 0 X 0 0 0 Mr Bernard Coston Director 2 1 X 0 0 0 Mr James Farley Director 2 2 X 0 0 0 Ms Diane Ramy Faulconer Director 2 0 X 0 0 0 Mr James E Gibson Director 2 1 X 0 0 0 Mr Floyd Harlow Jr Director 2 0 X 0 0 0 Mrs Carol J Hartley Director 2 0 X 0 0 0 Mr Timothy Haymaker Director 2 1 X 0 0 0 Mr William V Jackson Director 2 0 X 0 0 0 Mr Rex W Johnson Director 2 0 X 0 0 0 Clarence Martin Director 2 0 X 0 0 0 Mr Charles Neighborgall Director 2 0 X 0 0 0 Mr Robert L Osborne Director 2 0 X 0 0 0 Mr Charles W Pace Director 2 0 X 0 0 0 Mr Casey J Robinson Director 2 1 X 0 0 0 Mr James Rorrer Director 2 0 X 0 0 0 Mr John Rulli Director 2 0 X 0 0 0 Dr Joseph Touma Director 2 0 X 0 0 0 Mr Louis Weisberg Director 2 0 X 0 0 0 Mrs A Sue Zemba Director 2 0 X 0 0 0 Dr Ronald G Area CEO 40 3 X X X 266396 0 45907 Mr R Scott Anderson CFO 40 3 X X X 131085 0 34479 Joseph Alllwood COO 40.00 0 X X 68209 0 9910 465690 0 90296 2 0 1 0 Steptoe and Johnson PLLC PO Box 1616 Morgantown WV 265071616 Attorney 168190 1 0 0 0 0 0 49267994 310000 49267994 Conference Center Activities 721000 76696 41005 35691 0 0 0 0 0 76696 437250 437250 0 0 0 0 0 0 24527 24527 0 0 0 0 16153385 0 15016892 0 1136493 0 1136493 1136493 0 0 0 0 0 0 0 0 0 0 0 0 0 0 49673 5093 44580 44580 0 0 0 50987540 1683855 35691 0 8508874 8508874 0 0 0 0 0 0 615321 0 484011 131310 0 0 0 0 1325655 119724 628765 577166 118776 10052 56318 52406 332670 25591 154740 152339 141340 13205 55894 72241 0 0 0 0 107087 77416 29671 0 26125 0 26125 0 0 0 0 0 14160 14160 172428 149936 0 22492 809360 592865 99156 117339 85693 82142 0 3551 210627 87529 79943 43155 185312 33295 135820 16197 0 0 0 0 80928 0 80928 0 483377 365423 9548 108406 0 0 0 0 546372 414009 54999 77364 0 0 0 0 0 0 0 0 381997 0 381997 0 102869 26154 52349 24366 Misc., CGA, Trusts & Pledge Pmt Adj. 1330203 1257897 67806 4500 Department Support - Employment 540110 540110 0 0 Printing 65104 44399 1811 18894 Equipment & Supplies 612200 551512 58153 2535 23440 8322 443 14675 16820028 12908455 2458477 1453096 3500 500 15016864 20822456 11453351 38161661 662409 1100909 0 0 0 0 0 0 0 0 29102 56378 13598847 3606959 10352629 9991888 3301645 2038582 205513804 218251810 0 0 0 0 12326593 14357185 258659897 304781369 427891 664058 0 0 378408 406011 0 0 71011547 73329905 421044 426031 72238890 74826005 X 9056965 20912453 63161483 75336411 114202559 133706500 186421007 229955364 258659897 304781369 X 34167512 7214625 0 0 2161632 -9412 X 0 1 X 1 0 X 26057741 6942021 14860505 11105317 49267994 108233578 0 0 0 0 0 0 0 0 0 0 0 0 26057741 6942021 14860505 11105317 49267994 108233578 24072370 84161208 1083613 888086 513389 523077 538472 3546637 11336 18994 24531 19195 5882 79938 0 0 0 0 0 0 111860153 185194 0.75238 0.6558 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1351095 0 0 X X X 0 0 1 X 127890890 12538757 7393317 2182514 5430264 29301 140180885 123205738 5905634 9139517 2012142 8318838 29019 127890890 110425432 5127518 14210601 1676420 4854073 27320 123205738 111665667 7540318 -4402636 1196440 3126986 54491 110425432 106284150 10033666 1028873 2159076 3461017 60929 111665667 0.0577 0.8567 0.0856 0 0 1642000 0 1642000 10823230 0 2568484 8254746 0 0 0 0 1133617 0 1038475 95142 0 0 0 0 9991888 0 F 8250 F Commingled Equity Funds 102218705 F Commingled Global Fixed Income 29567121 F Commingled Hedge Funds 41304054 F Commingled Real Assets 23981189 F Commingled Private Capital 16316057 F Public Real Assets 25690 F Private Equity 1771599 F Natural Resources 471303 F Venture Capital 2272398 F Distressed Debt 315444 F 218251810 Contributions Rec-Remainder Trusts 509863 Trusts Held by Third Parties 9843712 Investment in Subsidiary-MSC 1000 Interest in MU Real Estate Foundation 2033250 Interest in MU Alumni Association 24357 Cash Surrender Value-Life Insurances 527383 In Kind Gifts & Collections 1367620 Bequest of Property 50000 14357185 0 Charitable Gift Annuity Liability 426031 426031 58034830 7214625 0 0 5093 7219718 50815112 172428 0 172428 50987540 16662105 0 0 0 14505 14505 16647600 172428 0 172428 16820028 Schedule D, Part III, Line 4 Historical items in the Touma Medical Museum will be used for educational purposes. Schedule D, Part IV, Line 2b The organization holds investment funds for Marshall University. It acts pursuant to an investment management agency agreement with the University to facilitate investments of certain funds. Schedule D, Part V, Line 4 Endowment funds are held according to donor restrictions to provide a perpetual source of inter-generational funding for scholarships, programs, and research. Board designated endowments are a source of funding for development, operations and for the greatest needs of the university. Schedule D, Part XI, Line 2d Cost of goods sold Schedule D, Part XII, Line 2d Gifts in kind transferred to Marshall University and cost of goods sold 1 Marshall University One John Marshall Drive Huntington WV 25755 556000789 501c3 12899042 9412 gifts in kind received on behalf of Marshall University to support students and university departments in their educational mission 0 0 Schedule I, Part I, Line 2 The organization maintains documentation on individual funds and related criteria for eligibility of grants. The organization coordinates with the university departments and units in accordance with fund guidelines to substantiate eligibility for grants and assistance. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Dr Ronald G Area CEO 266396 0 0 0 0 0 37773 0 29411 0 333580 0 0 0 Mr R Scott Anderson CFO 131085 0 0 0 0 0 16028 0 20210 0 167323 0 0 0 Schedule J, Part I, Line 1a Social club dues and a limited amount of spousal travel are a part of the employment agreement with the CEO. X 250 est market value X 20 5444768 market value X 1 50000 market value X Marshall Artist Series Tickets 3 962 est market value X Cymbols-Sabuab 14" Artisan Elite Hi-Hat 1 600 est market value X Percussion Accessories, Sticks, Mallots 1 200 est market value X Orgasonic Organ, music, costumes 1 500 est market value X Epson Printer and Paper 1 600 est market value X Printer, Ink and Supplies 1 1800 est market value X Silver Serving Pieces 1 4500 est market value 0 0 1 1 Schedule M, Part I, Line 32b In previous fiscal years the organization has placed donated items on consignment with a jeweler. Form 990, Part VI, Section B, Line 11b The Form 990 and schedules were provided to the Board of Directors for review prior to filing and a meeting was conducted to review and approve the form for filing. Form 990, Part VI, Section B, Line 12c The Board of Directors annually survey its members and reviews responses about conflicts of interest. Form 990, Part VI, Section B, Line 15 CEO Compensation and performance are reviewed annually by the human resources committee using resources that include board surveys and a formal review. Form 990, Part VI, Section C, Line 19 Governing documents and policies are available upon request. Summary financial information is available on the organizations annual report which is available on the website. The audited financial statements are available upon request. Form 990, Part XI, Line 9 Gifts in kind transferred to Marshall University Marshall University Real Estate Foundation Inc 519 John Marshall Drive Huntington WV 25703 262912485 Receive real estate on behalf of Marshall University WV 501(c)(3) 509(a)(3) III-FI The Marshall University Foundation 1 Marshall University Alumni Association Inc One John Marshall Drive Huntington WV 25755 264778743 Alumni activities WV 501(c)(3) 509(a)(3) III-FI N/A 0 Marshall University One John Marshall Drive Huntington WV 25755 556000789 Higher education institution WV 501(c)(3) line 2 N/A 0 Marshall Services Corporation PO Box 296 Huntington WV 25707 461383543 Invest in joint venture for internationalization of campus WV The Marshall University Foundation Inc C 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 Marshall University Alumni Association Inc b 60800 The organization supports MUAA through endowment spending allocations specifically designed for them and annual gifts specifically designated for them. The organization supports their annual operating budget as required. Marshall University Alumni Association Inc o 220165 The expenses related to the employees paid for by the organization who work primarily with MUAA Marshall University l 12908455 The organization was formed to raise funds to support Marshall University and is the primary fundraiser for private support. Marshall Services Corporation o 0 A de minimis amount of time is spent in administering support of MSC. Marshall University Real Estate Foundation Inc o 0 A de minimis amount of time is spent in administering support of MUREF. Marshall University Alumni Association Inc o 0 The organization provides support for accounting, database management and other administrative support on substantially equivalent terms as for uncontrolled constituents. Marshall University Alumni Association Inc n 0 No amount is estimated for the value of shared facilities, equipment, mailing lists, etc. shared with the related organization. Marshall University m 0 Deans and faculty members sometimes solicit contributions for their specific areas. Marshall University Alumni Association Inc m 0 MUAA activities, usually with students, lead to a minimal dollar amount of gifts being received by the organization. Extension filed and approved