2020-07-13T10:36:56-05:00 2019-06-30 BKD LLP 1201 Walnut Suite 1700 KANSAS CITY MO 641062246 990 2018-07-01 486088461 EMPORIA STATE UNIVERSITY FOUNDATION % SHANE SHIVLEY EMPO 6203415440 1500 HIGHLAND STREET EMPORIA KS 66801 JENNIFER DENTON CORPORATE TREASURER 6203415440 2020-07-15 true Gregory M Sullivan P01259107 8162216300 167.68.126.162 43372220201955000039 2020-07-13 P 3FC9EFFABEED0D212CAE4C9B84B4434B88FC6471 355CC2E4B6E27E32DAADC48E1CA8D97843AD7DA8 2018 2020-09-22 18:59:49Z SHANE SHIVLEY 1500 HIGHLAND STREET EMPORIA KS 66801 45586517 false X WWW.EMPORIA.EDU/FOUNDATION-GIVING/ X 1952 KS INSPIRING PHILANTHROPY TO CHANGE LIVES AT EMPORIA STATE UNIVERSITY. 15 15 75 51 -20598 -20598 6761173 8984215 0 0 3361951 6378664 2020923 1887172 12144047 17250051 5748060 8621642 0 0 1783891 1653776 80000 36001 1110765 930009 861230 8541960 11172649 3602087 6077402 111667604 115284378 1854052 1835420 109813552 113448958 RAISING AND MANAGING PHILANTHROPIC RESOURCES TO ADVANCE THE MISSION OF EMPORIA STATE UNIVERSITY. false false 8621642 8621642 0 SCHOLARSHIPS, GRANTS AND PAYMENTS TO EMPORIA STATE UNIVERSITY FOR GROWTH AND DEVELOPMENT OF CAMPUS AND ACADEMIC ACTIVITIES. 179541 0 -20598 VARIOUS RELATED EXPENSES INCURRED IN THE OPERATION OF THE FOUNDATION PROGRAM TO PROVIDE SCHOLARSHIPS AND PROMOTE THE GROWTH OF EMPORIA STATE UNIVERSITY. 8801183 true true false false false true false true false true true true false true true false true false false false true false false true true false false true true true false false false false false false false false true false false false false true false false false true 13 0 true 75 true true true false false false false true true false false false false false false false false false X 15 15 false false false false false true false true true false false false true true true true true true false false KS X SHANE SHIVLEY 6203415440 1500 HIGHLAND STREET EMPORIA KS 66801 X BETH PALADINO EXECUTIVE MEMBER, CHAIR 1.0 0.0 X X 0 0 0 GARY ALLERHEILIGEN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 HARRY STEPHENS EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 IKE DIEL EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 KAREN SOMMERS EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 RICHARD ZAHN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 RUSS EVERHART EXECUTIVE MEMBER, VICE CHAIR 1.0 0.0 X X 0 0 0 STEVE WILLIAMS EXECUTIVE MEMBER, PAST CHAIR 1.0 0.0 X X 0 0 0 DIANE BEATTY 2ND VICE CHAIR 1.0 0.0 X X 0 0 0 JASON FANNING EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 DALE GIBBENS EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 LYNETTE MURPHY EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 TOM THORNBRUGH EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 LINDA HURT EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 GREG KOSSOVER EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 MIKE PETITJEAN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 SHANE SHIVLEY PRESIDENT 45.0 0.0 X 163922 0 25193 ALAN KLUG CORPORATE TREASURER 45.0 0.0 X 34088 0 5420 DONNA BRESHEARS CORPORATE SECRETARY 40.0 0.0 X 50826 0 12536 JENNIFER DENTON VP STEWARDSHIP AND ADMINISTRAT 45.0 0.0 X 116336 0 19212 365172 0 62361 2 false true false 0 74502 1097784 7811929 1008970 8984215 0 6368028 6368028 0 28066 28066 6000 6000 0 6000 6000 28277665 28267029 10636 10636 10636 61938 74502 69437 -7499 -7499 0 0 0 0 0 0 Partnership Income 900099 1824852 -20598 1845450 Other Income 900099 35753 35753 1860605 17250051 -20598 8286434 5139219 5139219 3482423 3482423 0 0 291986 145993 145993 0 996709 68 474186 522455 97923 50428 47495 178216 1 81513 96702 88942 5 41845 47092 0 0 119928 34546 85382 0 36001 36001 115049 115049 202753 6798 116925 79030 59082 16511 16632 25939 92195 53058 25900 13237 0 0 41926 17468 11287 13171 64559 414 25324 38821 0 0 0 0 88526 26372 30597 31557 29440 11907 17533 MISCELLANEOUS EXPENSE 47772 12393 22107 13272 11172649 8801183 1260701 1110765 1032015 1264696 38200 876 6368597 7201358 0 8847 0 0 0 0 281519 271551 0 0 0 62397 4035369 1851478 2279195 2183891 63294480 66819449 27889394 27209012 78362 78449 0 0 10405842 10183852 111667604 115284378 619642 568985 0 0 0 80000 0 0 0 0 0 0 0 0 0 0 1234410 1186435 1854052 1835420 X 7660174 8541718 34943432 34943432 67209946 69963808 109813552 113448958 111667604 115284378 X 6077402 -2250373 -191623 X false true X true false X 10385542 9144880 7775058 6761173 8984215 43050868 0 0 10385542 9144880 7775058 6761173 8984215 43050868 3062223 39988645 1532321 1447150 1405762 1637719 6402094 12425046 0 0 0 0 0 0 1922464 1482108 1995682 1987767 1860605 9248626 64724540 0 0.61783 0.65845 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6 30000 60281 1145711 true true 9000 44577 X X X false 77134182 1775998 4600784 1921803 583697 1889341 79116123 74413133 2672003 4276462 1759692 574808 1892916 77134182 68831747 2929603 7249157 1887703 559027 2150644 74413133 70709493 3426235 -220896 1954606 595027 2533452 68831747 71903527 3030442 1300564 2056615 597827 2870598 70709493 0.02450 0.73440 0.24110 false false 313263 313263 642740 2700405 1594010 1749135 334384 257468 76916 44577 44577 2183891 FUNDS OF HEDGE FUNDS 13326632 F PRIVATE EQUITY FUNDS 8983654 F REAL ESTATE PARTNERSHIPS 4898726 F 27209012 CSV LIFE INSURANCE 871052 Beneficial Interest in Trusts 9312800 10183852 0 Annuity & Trust Obligations 1186435 1186435 14762443 -2250373 -122186 -2372559 17135002 115049 115049 17250051 11127037 69437 69437 11057600 115049 115049 11172649 SCHEDULE D, PART III, LINE 4 AS OF 6/30/2019 THE FOUNDATION HELD ANTIQUE ITEMS, COINS AND BULLION WHICH WERE SOLD AT AUCTION IN SEPTEMBER 2019. THE FOUNDATION CONTINUES TO HOLD OWNERSHIP OF 2 CEMETERY LOTS & SIDE-COMPANION CRYPTS. ALL ITEMS ARE TO BENEFIT SCHOLARSHIPS FOR ESU STUDENTS. SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS ARE HELD FOR THE BENEFIT OF EMPORIA STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS AND ASSISTANCE WITH OPERATING EXPENSES. SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D CHANGE IN BENEFICIAL INTEREST OF PERPETUAL TRUST $ (150,779) FUNDRAISING EVENT EXPENSES $ 69,437 ACTUARIAL LOSS $ (40,844) ------------ $ (122,186) SCHEDULE D, PART XII, LINE 2D FUNDRAISING EVENT EXPENSES $ 69,437 false Central America and the Caribbean Investments 16879800 16879800 16879800 true false true true false false SCHEDULE F, PART I, LINE 3 PASSIVE INVESTMENT HOLDINGS ARE MONITORED ON A MONTHLY BASIS BY THE FOUNDATION'S THIRD-PARTY INVESTMENT ADVISOR CONSULTANT. THE FOUNDATION BOARD'S INVESTMENT COMMITTEE REVIEWS THE PASSIVE INVESTMENT HOLDINGS ON A QUARTERLY BASIS AND REPORTS ANY SUBSTANTIAL ACTIVITY TO THE EXECUTIVE COMMITTEE. THE INVESTMENTS ARE ACCOUNTED FOR ON THE ACCRUAL METHOD OF ACCOUNTING. X false Ruffalo Noel Levitz CALL CENTER false ATHLETIC AUCTIO 102954 62557 40397 154 125 5167 1200 50667 ATHLETIC GOLF T 16839 560 16279 3000 945 1316 2572 2372 0 16647 11385 5262 1049 870 136440 74502 61938 3000 1099 1441 8788 1200 53909 69437 -7499 true EMPORIA STATE UNIVERSITY 1 KELLOG CIRCLE EMPORIA KS 66801 481124839 GOVERNMENT 4471826 UNIVERSITY OPERATIONS ALUMNI ASSOCIATION OF EMPORIA STATE UNIVERS 1500 HIGHLAND STREET EMPORIA KS 66801 486115644 501(C)(3) 79200 OPERATIONAL SUPPORT EMPORIA STATE UNIVERSITY 1 KELLOG CIRCLE EMPORIA KS 66801 481124839 GOVERNMENT 725017 BOOK VALUE LAND/SERVICE UNIVERSITY OPERATION 2 SCHOLARSHIPS 1572 3482423 SCHEDULE I, PART I, LINE 2 UNIVERSITY EXPENDITURES AND SCHOLARSHIPS ARE PROCESSED BY THE UNIVERSITY; THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THESE EXPENDITURES UPON VERIFICATION THAT THE EXPENSE/SCHOLARSHIP MEETS THE RESPECTIVE DONOR'S GIFT CRITERIA, AS DOCUMENTED. X true true X X X false false false false false false false false false SHANE SHIVLEY PRESIDENT 163689 0 0 0 233 0 0 0 25193 0 189115 0 SCHEDULE J, PART I, LINE 1A SOCIAL CLUB DUES ARE PAID FOR THE PRESIDENT TO ENTERTAIN DONORS. ANY PERSONAL USE IS TREATED AS TAXABLE COMPENSATION AND INCLUDED AS WAGES. X 1 15000 FMV X 22 346076 FMV X 1 210 FMV X UTILITIES WORK 1 600000 FMV X AUCTION ITEMS 115 35555 FMV X MISCELLANEOUS ITEMS 6 12129 FMV false true true SCHEDULE M, PART I, LINES 1-28, COLUMN B THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS. SCHEDULE M, PART I, LINE 32B A LICENSED REAL ESTATE AGENT IS USED TO SELL DONATIONS OF REAL ESTATE. AN AUCTIONEER (OR AUCTION SERVICE) IS USED TO SELL ALL OTHER NONCASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION CHAIR MAY APPOINT UP TO THREE MEMBERS OF THE EXECUTIVE COMMITTEE FROM AMONG THE VOTING TRUSTEES, PROVIDED THAT ANY SUCH APPOINTMENT SHALL BE RATIFIED IN A REGULAR OR SPECIAL MEETING OF THE TRUSTEES AS SOON AS IS REASONABLY POSSIBLE IN ORDER TO BECOME EFFECTIVE. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE DIRECTOR OF FISCAL AFFAIRS, THE CORPORATE TREASURER AND THE PRESIDENT OF EMPORIA STATE UNIVERSITY FOUNDATION. ANY QUESTIONS OR CONCERNS THAT DIRECTOR OF FISCAL AFFAIRS, THE CORPORATE TREASURER OR PRESIDENT HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE PRIOR TO SUBMITTING THE 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE ASKED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT. THESE ARE REVIEWED AND SIGNED BY THE PRESIDENT OF THE FOUNDATION. THERE IS A COMPLIANCE OFFICER ON THE BOARD THAT IS RESPONSIBLE FOR ADDRESSING ANY ISSUES THAT MAY ARISE THROUGHOUT THE YEAR. IF A CONFLICT ARISES IT IS INVESTIGATED IMMEDIATELY. KEY EMPLOYEES SIGN A CONFLICT OF INTEREST POLICY WITH THE UNIVERSITY. THESE ARE MONITORED THROUGH EMPORIA STATE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 15A LINE 15A: THE PRESIDENT OF THE FOUNDATION IS EVALUATED BY THE PRESIDENT OF EMPORIA STATE UNIVERSITY IN CONSULTATION WITH THE BOARD OF TRUSTEE CHAIR. THEY ASK OPINIONS FROM OTHERS THAT WORK WITH/FOR THE PRESIDENT OF THE FOUNDATION. THIS PROCESS IS DONE ON A YEARLY BASIS. THE CASE ANNUAL SALARY SURVEY FOR THE MIDWEST REGION IS USED TO DETERMINE IF SALARIES ARE WITHIN THE MEDIAN RANGE. THE PRESIDENT OF THE FOUNDATION'S SALARY IS DETERMINED BY THE PRESIDENT OF EMPORIA STATE UNIVERSITY. THE SALARY IS COMPARABLE TO OTHERS IN THE ADMINISTRATION. LINE 15B: THE PRESIDENT OF THE FOUNDATION HANDLES THE COMPENSATION REVIEW OF THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 EACH TRUSTEE GETS A COPY OF THE BY-LAWS. THE PUBLIC CAN RECEIVE A COPY OF THE BY-LAWS, THE CONFLICT OF INTEREST POLICY AND THE 990 UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION WEBSITE. FORM 990, PART XI, LINE 9 CHANGE IN BENEFICIAL INTERESTS OF PERPETUAL TRUST $ (150,779) ACTUARIAL LOSS $ (40,844) ------------- $ (191,623) WA LARKIN - ESU ENDOWMENT ASSOC INC FUND 601 MERCHANT ST EMPORIA KS 66801 486254679 TRUST KS ESU FDN TRUST 8402 321524 1.00000 true INEZ OWEN REVOCABLE TRUST PO BOX 419692 KANSAS CITY MO 64141 486293124 TRUST MO ESU FDN TRUST 59369 1494901 1.00000 true CHARLOTTE DAVIS TRUST 9400 MISSION RD PRAIRIE VILLAGE KS 66206 206869057 TRUST KS ESU FDN TRUST 8847 210664 1.00000 true MARY MORRIS TRUST 601 MERCHANT ST EMPORIA KS 66801 486254679 TRUST KS ESU FDN TRUST 196815 1.00000 true false false false false false false false false false false false false false false false false false false false