2025-01-29T15:18:33-06:00 2024-06-30 910189318 MOSS ADAMS LLP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2023-07-01 860193726 NORTHERN ARIZONA UNIVERSITY FOUNDATION NORT 9285232012 620 S KNOLES FLAGSTAFF AZ 86011 NICHOLAS LOBEJKO CEO 9285232012 2025-01-27 1 1 LAUREN A HAVERLOCK P00545829 8185771900 2023 2025-03-06 01:10:19Z NICHOLAS LOBEJKO 620 S KNOLES FLAGSTAFF AZ 86011 29592010 0 X FOUNDATIONNAU.ORG X 1959 AZ PROMOTE THE UNIVERSITY'S MISSION, ENHANCE ITS RECOGNITION AND FOSTER INVESTMENT BY ENGAGING IN MEANINGFUL RELATIONSHIPS. 18 18 0 886 0 0 20692418 17413011 223974 153282 9097243 8320151 1272192 1284749 31285827 27171193 14723018 20838986 0 0 0 0 0 271444 6470590 6379010 7463142 21102028 28573572 10183799 -1402379 285389624 310465288 46722052 53077858 238667572 257387430 X ADVANCE THE UNIVERSITY THROUGH FOSTERING RELATIONSHIPS, INSPIRING INVESTMENT AND STEWARDSHIP. 0 0 20838986 20838986 153282 THE NORTHERN ARIZONA UNIVERSITY FOUNDATION ("NAUF") IS DEDICATED TO ADVANCING THE UNIVERSITY THROUGH FOSTERING RELATIONSHIPS, INSPIRING INVESTMENT, AND PROVIDING STEWARDSHIP. NAUF HAS HAD ONE OF ITS LARGEST FUNDRAISING YEARS IN HISTORY, PROPELLING THE UNIVERSITY IN TRANSFORMING LIVES AND ENRICHING COMMUNITIES. DONOR ENDOWMENTS PROVIDED OVER $4.6 MILLION TO SUPPORT NAU, ADVANCING ACADEMIC MOMENTUM, SUPPORTING STUDENT SUCCESS, IMPROVING POST-COLLEGE OUTCOMES, AND BRINGING VITALITY TO THE ECONOMY AND COMMUNITIES OF ARIZONA AND BEYOND. TO EMPOWER STUDENTS AND HELP THEM ACHIEVE THEIR ASPIRATIONS, THE NAUF AWARDED OVER 2,300 OR OVER $4 MILLION IN SCHOLARSHIPS. APPROXIMATELY $22 MILLION IN DONOR INVESTMENTS SUPPORTED NAU'S COLLEGES AND DEPARTMENTS, REFLECTING THE UNIVERSITY'S DISTINCTIVE EXCELLENCE OF HIGH-QUALITY ACADEMIC PROGRAMS, EXPERIENTIAL LEARNING OPPORTUNITIES, AND MISSION-DRIVEN FACULTY AND STAFF, EQUIPPING LUMBERJACKS WITH THE KNOWLEDGE AND SKILLS FOR A THRIVING FUTURE. 20838986 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 230 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK CA CO HI IL MA MD ME MI MN NH NJ NY OH OK OR UT WA X X JENNIFER STEVENSON 9285238424 620 S KNOLES FLAGSTAFF AZ 86011 X VICTORIA FIMEA CHAIR 6.00 X X 0 0 0 LISA BAGWELL VICE CHAIR 2.00 X X 0 0 0 ROBIN BRAUN TREASURER 3.00 X X 0 0 0 AMY PENA SECRETARY 2.00 X X 0 0 0 DAVE FRANKE PAST CHAIR 0.50 X X 0 0 0 GEORGE ADAMS DIRECTOR 1.00 X 0 0 0 BOB BEMENT DIRECTOR 1.00 X 0 0 0 ROBERT BRAUDY DIRECTOR 1.50 X 0 0 0 DON BROOKS DIRECTOR 1.00 X 0 0 0 BOOKER EVANS DIRECTOR 1.00 X 0 0 0 BILL HEIBEL DIRECTOR 3.00 X 0 0 0 TIM KINNEY DIRECTOR 1.00 X 0 0 0 SANDY OWENS THRU 092023 DIRECTOR 1.00 X 0 0 0 THOMAS PERKINS DIRECTOR 1.00 X 0 0 0 RICK RODRIQUEZ DIRECTOR 3.00 X 0 0 0 KATRINA ROGERS DIRECTOR 1.00 X 0 0 0 TONY TEWELIS DIRECTOR 1.00 X 0 0 0 TERESA BARTELS DIRECTOR 1.00 X 0 0 0 ERIC BAKER DIRECTOR 1.50 X 0 0 0 NICK LOBEJKO CEO 20.00 X 0 0 0 JENNIFER STEVENSON CFO 40.00 X 0 0 0 0 0 0 0 0 0 1 NORTHERN ARIZONA UNIVERSITY S SAN FRANCISCO STREET FLAGSTAFF AZ 86011 MANAGEMENT FEE 653623 GRENZEBACH GLIER & ASSOCIATES INC 200 S MICHIGAN AVE STE 2100 CHICAGO IL 60604 CONSULTING 216257 2 42675 17370336 1972620 17413011 ALUMNI CHAPTER EVENTS 900099 153282 153282 153282 4948120 4948120 1218820 1218820 5549203 2177172 3372031 3372031 3372031 242028 42675 243645 -1617 -1617 OTHER MISC REVENUE 900099 54218 54218 PREMIUMS 900099 13328 13328 67546 27171193 0 0 9758182 16734148 16734148 4104838 4104838 653623 653623 70002 70002 85923 85923 271444 271444 203290 203290 89183 89183 194 194 56180 56180 30792 30792 26715 26715 8831 8831 ADVANCEMENT SUPPORT 3538828 3538828 PUBLIC RELATIONS 2660318 2660318 EDUCATIONAL BROADBAND S 20000 20000 PROFESSIONAL DEVELOPMEN 8932 8932 10331 10331 28573572 20838986 1263996 6470590 2405735 3044691 15718767 11394791 79453 243634 274566 40875 7854 7854 0 0 251267156 280509505 711278 450961 14932669 14780831 285389624 310465288 607169 2592119 830795 868415 42861776 47575554 2422312 2041770 46722052 53077858 X 13982524 11576654 224685048 245810776 238667572 257387430 285389624 310465288 X -1402379 20622403 -500166 X 0 1 X 1 0 X 19037475 15350607 21203114 20683814 17413011 93688021 19037475 15350607 21203114 20683814 17413011 93688021 19396181 74291840 5605530 5316870 4820579 4771836 6166940 26681755 6837 18584 25421 12690 2847 44753 6729 67546 134565 120529762 1002231 0.61640 0.64320 X SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: PREMIUMS 2019 AMOUNT: $12,690 2020 AMOUNT: $2,847 2021 AMOUNT: $6,552 2022 AMOUNT: $6,729 2023 AMOUNT: $13,328 AFFINITY BENEFITS 2021 AMOUNT: $38,201 2023 AMOUNT: $54,219 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 250 0 0 X 0 0 1 X 176613896 4118628 20818782 4700076 2442102 194409128 154220034 7033119 22737061 4697915 2678403 176613896 191169979 8172929 -35175771 4867037 5080066 154220034 127323879 10146336 47724822 4068304 2486206 178640527 125025412 7779164 1962165 5263549 2179313 127323879 0.08430 0.87810 0.03760 0 0 7854 7854 0 0 DUE TO NORTHERN ARIZONA UNIVERSITY 10183 LIABILITIES UNDER SPLIT-INTEREST AGREEMENTS 2031587 2041770 X 47344224 20622403 10439 -147909 20484933 26859291 203290 108612 311902 27171193 28624366 10439 243645 254084 28370282 203290 203290 28573572 PART III, LINE 4: THE ART EXHIBIT IS TO FURTHER ENHANCE THE EDUCATIONAL VALUE OF THE STUDENTS OF NORTHERN ARIZONA UNIVERSITY. OUR PURPOSE IS TO SUPPORT NORTHERN ARIZONA UNIVERSITY IN THEIR MISSION T0 PROVIDE SUPERIOR EDUCATION TO THEIR STUDENTS. PART IV, LINE 2B: NORTHERN ARIZONA UNIVERSITY FOUNDATION, INC. ADMINISTERS VARIOUS FUNDS FOR NORTHERN ARIZONA UNIVERSITY AND NAU PARENT'S ASSOCIATION. NORTHERN ARIZONA UNIVERSITY AND NAU PARENT'S ASSOCIATION MAINTAIN OWNERSHIP OF THEIR RESPECTIVE FUNDS. ASSETS HELD ON BEHALF OF NORTHERN ARIZONA UNIVERSITY WERE $47,223,225. ASSETS HELD ON BEHALF OF NAU PARENT'S ASSOCIATION WERE $352,329. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO PROVIDE LONG-TERM SUPPORT FOR NORTHERN ARIZONA UNIVERSITY. PART X, LINE 2: NAU FOUNDATION IS ORGANIZED AS AN ARIZONA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1). CONTRIBUTIONS TO IT QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A). NAU FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, NAU FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. NAU FOUNDATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS, OR ITS ARIZONA EQUIVALENT (FORM 99-T) WITH THE ARIZONA DEPARTMENT OF REVENUE. NAUV AND NAREH ARE ORGANIZED AS SINGLE-MEMBER, LIMITED LIABILITY CORPORATIONS AND ARE DISREGARDED AS ENTITIES SEPARATE FROM NAU FOUNDATION FOR INCOME TAX PURPOSES. NAU FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN BY THE COMBINED ENTITY, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. NAU FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST -463,406. CHANGE IN VALUE OF LIFE INSURANCE 80,557. RETURN OF SCHOLARSHIPS 42,879. CHANGE IN VALUE OF BENEFICIAL INTEREST 192,061. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -243,645. PLEDGE WRITE-OFFS 352,257. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 243,645. X X X X X X 1 GRENZEBACH GLIER & ASSOCIATES INC 200 S MICHIGAN AVE STE 2100 CHICAGO IL 60604 CAMPAIGN PLANNING AND FEASIBILITY SERVICES TO SUPPORT NAU ST 0 0 216257 0 HURON CONSULTING GROUP LLC 550 W VAN BUREN STREET NO 1700 CHICAGO IL 60607 CAMPAIGN PLANNING AND FEASIBILITY SERVICES TO SUPPORT NAU ST 0 0 55187 0 271444 AL AR AZ CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV HRM GOLF TOURNAMENT 170434 170434 28800 3840 950 25082 BEN AVERY SPORTING CLAY TOURNAMENT 56000 56000 6357 407 7961 2 58269 42675 15594 345 10277 89155 43515 26956 284703 42675 242028 345 45434 93402 44465 59999 243645 -1617 1 NORTHERN ARIZONA UNIVERSITY 600 S KNOLES DR FLAGSTAFF AZ 86011 742579628 501(C)(3) 16734148 0 EDUCATION SUPPORT 1 0 SCHOLARSHIPS 2399 4101838 PART I, LINE 2: THE FOUNDATION AND THE UNIVERSITY HAVE WRITTEN POLICIES FOR THE DISTRIBUTION OF PROGRAM AND SCHOLARSHIP FUNDS. THE FOUNDATION EMPLOYS PROFESSIONAL STAFF THAT REVIEWS AND APPROVES ALL EXPENDITURES. THE UNIVERSITY DEPARTMENTS RECEIVING GRANTS, INCLUDING THE FINANCIAL AID DEPARTMENT WHO RECEIVES THE SCHOLARSHIPS ON BEHALF OF THE STUDENTS, AND THE FOUNDATION HAVE JOINT RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS ONCE THE FUNDS HAVE BEEN TRANSFERRED TO THE DEPARTMENTS. 0 0 0 0 0 0 0 0 0 FORM 990, PART VII THE FOUNDATION HAS A MANAGEMENT AGREEMENT WITH NORTHERN ARIZONA UNIVERSITY (NAU) FOR MANAGEMENT SERVICES PROVIDED BY ITS EMPLOYEES. THE FOUNDATION REIMBURSES NAU FOR THESE SALARIES AND BENEFITS WHICH ARE INCLUDED ON FORM 990 PART IX LINE 11A. THE COMPENSATION OF NICHOLAS LOBEJKO, THE TOP MANAGEMENT OFFICIAL OF THE FOUNDATION, FOR CALENDAR YEAR 2023 WAS $150,167. THIS AMOUNT WAS COMPRISED OF BASE COMPENSATION OF $130,269, DEFERRED COMPENSATION OF $9,498, AND NONTAXABLE BENEFITS OF $10,400. THE COMPENSATION FOR JENNIFER STEVENSON, THE TOP FINANCIAL OFFICIAL OF THE FOUNDATION, FOR CALENDAR YEAR 2023 WAS $230,972. THIS AMOUNT WAS COMPRISED OF BASE COMPENSATION OF $198,986, DEFERRED COMPENSATION OF $14,619, AND NONTAXABLE BENEFITS OF $17,367. X 13500 1972620 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): FOR THE SECURITIES DONATION, THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF SHARES CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION HAS A MANAGEMENT AGREEMENT WITH NORTHERN ARIZONA UNIVERSITY (NAU) FOR MANAGEMENT SERVICES PROVIDED BY ITS EMPLOYEES. THE FOUNDATION REIMBURSES NAU FOR THESE SALARIES AND BENEFITS WHICH ARE INCLUDED ON FORM 990 PART IX LINE 11A. THE COMPENSATION OF NICHOLAS LOBEJKO, THE TOP MANAGEMENT OFFICIAL OF THE FOUNDATION, FOR CALENDAR YEAR 2023 WAS $150,167. THIS AMOUNT WAS COMPRISED OF BASE COMPENSATION OF $130,269, DEFERRED COMPENSATION OF$ 9,498, AND NONTAXABLE BENEFITS OF $10,400. THE COMPENSATION FOR JENNIFER STEVENSON, THE TOP FINANCIAL OFFICIAL OF THE FOUNDATION, FOR CALENDAR YEAR 2023 WAS $230,972. THIS AMOUNT WAS COMPRISED OF BASE COMPENSATION OF $198,986, DEFERRED COMPENSATION OF $14,619, AND NONTAXABLE BENEFITS OF $17,367. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT FORM 990 IS GIVEN TO THE BOARD FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY GOVERNS CERTAIN CONFLICT OF INTEREST TRANSACTIONS BETWEEN THE CORPORATION AND DIRECTORS (AND THEIR RELATIVES), OFFICERS AND THEIR AFFILIATES. THE POLICY IS REDISTRIBUTED ANNUALLY, ALONG WITH A VENDOR LIST, FOR CONFIRMATION OF ANY POSSIBLE CONFLICTS OF INTEREST THAT MAY HAVE BECOME A RISK. IF THERE IS ANY RISK, IT IS ADDRESSED AT THAT TIME. ON AN ONGOING BASIS, IF ANY CONFLICT OF INTEREST IS RECOGNIZED, IT IS INVESTIGATED AND DEALT WITH ACCORDINGLY THROUGH ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 15 ALL OF THE FOUNDATION'S EMPLOYEES ARE COMPENSATED BY NORTHERN ARIZONA UNIVERSITY, AN UNRELATED ORGANIZATION, FOR MANAGEMENT SERVICES PROVIDED TO THE FOUNDATION. THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THESE SERVICES. THESE SALARIES AND BENEFITS ARE INCLUDED ON FORM 990, PART IX, LINE 11A. FORM 990, PART VI, SECTION C, LINE 19 THE ARTICLES OF INCORPORATION, BY-LAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND BY REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF LIFE INSURANCE 80,557. RETURN OF SCHOLARSHIPS 42,879. CHANGE IN VALUE OF BENEFICIAL INTEREST 192,061. CHANGE IN VALUE OF SPLIT INTEREST -463,406. PLEDGE WRITE-OFFS -352,257. 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