FURP.ORG / PUBLIC DATA EXPLORER

PERU STATE COLLEGE FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
PERU STATE COLLEGE FOUNDATION INC (EIN 47-0495359)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-08-27
IRS object ID
202532399349301318
Schema version
2024v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-08-27T14:10:04+00:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN440160260PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Forvis Mazars LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11248 O Street Ste 1040AddressLine1Txt
CityLincolnCityNm
State AbbreviationNEStateAbbreviationCd
ZIP685081461ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN470495359EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Peru State College FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPERUBusinessNameControlTxt
Phone4028722342PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 10AddressLine1Txt
CityPERUCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68421ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFF SMITHPersonNm
Person TitleTREASURERPersonTitleTxt
Signature2025-08-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKristin TynonPreparerPersonNm
PTINP01063388PTIN
Phone4024737600PhoneNum
Preparation2025-08-08PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1JEFF SMITHBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 10AddressLine1Txt
CityPERUCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68421ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$24,181,262GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PERU.EDU/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1955FormationYr
Legal Domicile StateNELegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE PERU STATE COLLEGE FOUNDATION IS TO PROVIDE ASSISTANCE AND SUPPORT FOR PERU STATE COLLEGE, A FOUR-YEAR LIBERAL ARTS INSTITUTION.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,304,316PYContributionsGrantsAmt
CY Contributions Grants$899,160CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$712,615PYInvestmentIncomeAmt
CY Investment Income$463,339CYInvestmentIncomeAmt
PY Other Revenue$20,820PYOtherRevenueAmt
CY Other Revenue$51,145CYOtherRevenueAmt
PY Total Revenue$3,037,751PYTotalRevenueAmt
CY Total Revenue$1,413,644CYTotalRevenueAmt
PY Grants And Similar Paid$873,271PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,202,055CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$232,484PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$315,071CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$239,932CYTotalFundraisingExpenseAmt
PY Other Expenses$273,957PYOtherExpensesAmt
CY Other Expenses$316,841CYOtherExpensesAmt
PY Total Expenses$1,379,712PYTotalExpensesAmt
CY Total Expenses$3,833,967CYTotalExpensesAmt
PY Revenues Less Expenses$1,658,039PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,420,323CYRevenuesLessExpensesAmt
Total Assets BOY$22,284,093TotalAssetsBOYAmt
Total Assets EOY$21,812,388TotalAssetsEOYAmt
Total Liabilities BOY$170,803TotalLiabilitiesBOYAmt
Total Liabilities EOY$123,357TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$22,113,290NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$21,689,031NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF THE PERU STATE COLLEGE FOUNDATION IS TO PROVIDE ASSISTANCE AND SUPPORT FOR PERU STATE COLLEGE, A FOUR-YEAR LIBERAL ARTS INSTITUTION, ESTABLISHED IN 1867 AS NEBRASKA'S FIRST PUBLIC INSTITUTION OF HIGHER EDUCATION. WITH MORE THAN 24,000 ALUMNI AND FRIENDS AND MORE THAN TWENTY MILLION IN NET ASSETS, THE PSC FOUNDATION ASSISTS THE COLLEGE IN ACHIEVING ITS MISSION OF PROVIDING QUALITY EDUCATION, PROGRAMS AND SERVICES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,442,581ExpenseAmt
Grant$2,442,581GrantAmt
DescPROVIDE PERU STATE COLLEGE EDUCATIONAL AND ADMINISTRATIVE DEPARTMENTS WITH GRANTS FOR EQUIPMENT AND OPERATING PURPOSES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$759,474ExpenseAmt
Grant$759,474GrantAmt
DescPROVIDE SCHOLARSHIPS TO QUALIFYING PERU STATE COLLEGE STUDENTS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,202,055TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Policies Reference ChaptersfalsePoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JEFF SMITHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4025257149PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 HOYT STREETAddressLine1Txt
CityPERUCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68421ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
AL URWIN
SECRETARY1.0Yes (X)Yes (X)$0$0$0
CINDY HOFFMAN
CO-TREASURER1.0Yes (X)Yes (X)$0$0$0
ELTON EDMOND
VICE CHAIR1.0Yes (X)Yes (X)$0$0$0
JEFF GREENWALD
CHAIR1.0Yes (X)Yes (X)$0$0$0
JEFF SMITH
CO-TREASURER1.0Yes (X)Yes (X)$0$0$0
ROBIN SMITH
CO-TREASURER1.0Yes (X)Yes (X)$0$0$0
TIM HOFFMAN
CO-TREASURER1.0Yes (X)Yes (X)$0$0$0
Alec Gorynski
Director1.0Yes (X)$0$0$0
CONNIE EDMOND
DIRECTOR1.0Yes (X)$0$0$0
Dr Daniel DeFreece
Director1.0Yes (X)$0$0$0
FRITZ STEHLIK
DIRECTOR1.0Yes (X)$0$0$0
IVAN WINEGLASS
DIRECTOR1.0Yes (X)$0$0$0
JULIE BAUMAN
DIRECTOR1.0Yes (X)$0$0$0
LORI SEIBEL
DIRECTOR1.0Yes (X)$0$0$0
MIKE GERDES
DIRECTOR1.0Yes (X)$0$0$0
TED L HARSHBARGER
EXECUTIVE DIRECTOR24.0Yes (X)$0$59,132$321
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$59,132TotReportableCompRltdOrgAmt
Total Other Compensation$321TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$899,160AllOtherContributionsAmt
Total Contributions$899,160TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$462,333TotalRevenueColumnAmt
Exclusion$462,333ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$22,731,867SecuritiesAmt
Other$24,671OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$22,731,867SecuritiesAmt
Other$23,665OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$1,006OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,006TotalRevenueColumnAmt
Exclusion$1,006ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$17,304FundraisingGrossIncomeAmt
Fundraising Direct Expenses$12,086FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,218TotalRevenueColumnAmt
Exclusion$5,218ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900999BusinessCd
Total Revenue Column$45,927TotalRevenueColumnAmt
Related Or Exempt Func Income$45,927RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$45,927OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,413,644TotalRevenueColumnAmt
Related Or Exempt Func Income$45,927RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$468,557ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$3,202,055TotalAmt
Program Services$3,202,055ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$59,453TotalAmt
Management And General$59,453ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$255,618TotalAmt
Management And General$146,885ManagementAndGeneralAmt
Fundraising$108,733FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$27,275TotalAmt
Management And General$27,275ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$120,415TotalAmt
Management And General$108,323ManagementAndGeneralAmt
Fundraising$12,092FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$52,765TotalAmt
Management And General$23,334ManagementAndGeneralAmt
Fundraising$29,431FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,448TotalAmt
Management And General$5,448ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,856TotalAmt
Fundraising$7,856FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$20,467TotalAmt
Management And General$20,467ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
SPECIAL EVENTS$43,320$43,320
PRINTING & PUBLICATIONS$35,812$35,812
DONOR RELATIONS$2,688$2,688
PROPERTY TAX$795$795

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,833,967TotalAmt
Program Services$3,202,055ProgramServicesAmt
Management And General$391,980ManagementAndGeneralAmt
Fundraising$239,932FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,215,240BOYAmt
EOY$724,957EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,290BOYAmt
EOY$2,970EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,613BOYAmt
EOY$4,091EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$301,654LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$80,317LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$232,394BOYAmt
EOY$221,337EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$20,816,556BOYAmt
EOY$20,859,033EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$22,284,093BOYAmt
EOY$21,812,388EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$163,854BOYAmt
EOY$108,411EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,949BOYAmt
EOY$14,946EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$170,803BOYAmt
EOY$123,357EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$191,212BOYAmt
EOY$530,935EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$21,922,078BOYAmt
EOY$21,158,096EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,113,290BOYAmt
EOY$21,689,031EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,284,093BOYAmt
EOY$21,812,388EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,420,323ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,996,064NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PERU STATE COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN611573095EIN
Organization Type6OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$3,214,141SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$3,214,141SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided DocumentsYes (true)TimelyProvidedDocumentsInd
Officers Close RelationshipfalseOfficersCloseRelationshipInd
Supported Org Voice InvestmentfalseSupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Governmental EntityYes (X)GovernmentalEntityInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule A, Part IV, Section D, Line 2 Officers Appointed Or Serving Supported Org.THE FOUNDATION OFFICES ARE LOCATED ON THE SUPPORTED ORGANIZATION'S CAMPUS AND THE FOUNDATION ACTS AS THE ALUMNI RELATIONS ARM OF THE INSTITUTION. THE FOUNDATION CEO IS ON THE COLLEGE PRESIDENT'S CABINET AND THE PRESIDENT IN TURN, ATTENDS ALL FOUNDATION BOARD MEETINGS. THIS MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP BETWEEN ORGANIZATIONS.
Schedule A, Part IV, Section E, Line 1c The Organization Supported A Government Entity ExplanationPERU STATE COLLEGE FOUNDATION WAS ORGANIZED IN JUNE 1955 AND INCORPORATED AS A NONPROFIT ORGANIZATION FOR EDUCATIONAL AND CHARITABLE PURPOSES IN MAY 1962. IT IS A SELF-SUPPORTING AND INDEPENDENTLY GOVERNED CORPORATION ESTABLISHED SOLELY FOR THE BENEFIT OF PERU STATE COLLEGE AND ITS STUDENTS, FACULTY, AND PROGRAMS. THE FOUNDATION PROVIDES SCHOLARSHIPS TO COLLEGE STUDENTS, MONETARY SUPPORT TO ACADEMIC DEPARTMENS AND COLLEGE ADMINISTRATIVE DEPARTMENTS, AS REQUESTED BY THE COLLEGE AND APPROVED BY THE FOUNDATION.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,922,078BeginningYearBalanceAmt
Contributions$745,338ContributionsAmt
Investment Earnings Or Losses$2,365,195InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,138,813GrantsOrScholarshipsAmt
Administrative Expenses$735,702AdministrativeExpensesAmt
End Year Balance$21,158,096EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$18,197,417BeginningYearBalanceAmt
Contributions$2,258,003ContributionsAmt
Investment Earnings Or Losses$2,795,637InvestmentEarningsOrLossesAmt
Grants Or Scholarships$871,849GrantsOrScholarshipsAmt
Administrative Expenses$457,130AdministrativeExpensesAmt
End Year Balance$21,922,078EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,619,552BeginningYearBalanceAmt
Contributions$1,094,581ContributionsAmt
Investment Earnings Or Losses-$3,376,689InvestmentEarningsOrLossesAmt
Grants Or Scholarships$826,780GrantsOrScholarshipsAmt
Administrative Expenses$313,247AdministrativeExpensesAmt
End Year Balance$18,197,417EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$19,653,278BeginningYearBalanceAmt
Contributions$841,338ContributionsAmt
Investment Earnings Or Losses$1,918,326InvestmentEarningsOrLossesAmt
Grants Or Scholarships$520,917GrantsOrScholarshipsAmt
Administrative Expenses$272,473AdministrativeExpensesAmt
End Year Balance$21,619,552EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$17,570,449BeginningYearBalanceAmt
Contributions$477,076ContributionsAmt
Investment Earnings Or Losses$2,099,372InvestmentEarningsOrLossesAmt
Grants Or Scholarships$279,762GrantsOrScholarshipsAmt
Administrative Expenses$213,857AdministrativeExpensesAmt
End Year Balance$19,653,278EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.0BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.4961PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.5039TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$76,528OtherCostOrOtherBasisAmt
Book Value$76,528BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$179,329OtherCostOrOtherBasisAmt
Depreciation$71,917DepreciationAmt
Book Value$107,412BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$45,797OtherCostOrOtherBasisAmt
Depreciation$8,400DepreciationAmt
Book Value$37,397BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$221,337TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Closely-held equity interests
Financial derivatives
INVESTMENTS$20,859,033F
FieldValueIRS element (for citing)
Total Book Value Securities$20,859,033TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$3,421,794TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,996,064NetUnrealizedGainsInvstAmt
Other Revenue$12,086OtherRevenueAmt
Revenue Not Reported$2,008,150RevenueNotReportedAmt
Revenue Subtotal$1,413,644RevenueSubtotalAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,413,644TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,846,053TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$12,086OtherExpensesIncludedAmt
Expenses Not Reported$12,086ExpensesNotReportedAmt
Expenses Subtotal$3,833,967ExpensesSubtotalAmt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,833,967TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4 Intended uses of endowment fundsENDOWMENT FUND EARNINGS ARE AVAILABLE FOR SCHOLARSHIPS FOR QUALIFYING STUDENTS OF THE COLLEGE AS WELL AS OTHER SPECIFIED PURPOSES FOR THE VARIOUS DEPARTMENTS.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990SPECIAL EVENT EXPENSES RECLASSIFIED - 12086
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990SPECIAL EVENT EXPENSES RECLASSIFIED - 12086

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF OUTINGEvent1Nm
Gross Receipts Event1$17,304GrossReceiptsEvent1Amt
Gross Revenue Event1$17,304GrossRevenueEvent1Amt
Cash Prizes Event1$2,300CashPrizesEvent1Amt
Rent Facility Costs Event1$4,704RentFacilityCostsEvent1Amt
Food And Beverage Event1$1,068FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$4,014OtherDirectExpensesEvent1Amt
Gross Revenue Event2$0GrossRevenueEvent2Amt
Gross Revenue Other Events$0GrossRevenueOtherEventsAmt
Gross Receipts Total$17,304GrossReceiptsTotalAmt
Gross Revenue Total Events$17,304GrossRevenueTotalEventsAmt
Cash Prizes Total Events$2,300CashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$4,704RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$1,068FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$4,014OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$12,086DirectExpenseSummaryEventsAmt
Net Income Summary$5,218NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1PERU STATE COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 HOYT STREETAddressLine1Txt
CityPERUCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68421ZIPCd
FieldValueIRS element (for citing)
Recipient EIN611573095RecipientEIN
Cash Grant$3,202,055CashGrantAmt
Valuation Method UsedBOOKValuationMethodUsedDesc
Purpose Of Grant(SEE STATEMENT)PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part II, Line 1(h) PURPOSE OF GRANT OR ASSISTANCEFormAndLineReferenceDesc
ExplanationPERU STATE COLLEGE: SCHOLARSHIPS TO PERU STATE COLLEGE STUDENTS AND SUPPORT FOR ACADEMIC DEPARTMENTS AT THE UNIVERSITY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 11b Review of form 990 by governing bodyTHE DRAFT OF THE FORM 990 IS DISTRIBUTED VIA EMAIL TO THE BOARD OF DIRECTORS FOR REVIEW, COMMENT AND APPROVAL. ONCE ALL CHANGES, IF ANY, ARE MADE AND APPROVED BY THE BOARD, THE FORM 990 IS FILED.
Form 990, Part VI, Line 12c Conflict of interest policyNEW BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN THAT THEY HAVE READ AND UNDERSTAND THE POLICY. IF A CONFLICT ARISES THE PERSON WITH THE CONFLICT OF INTEREST IS REQUIRED TO SELF-REPORT TO THE BOARD THE FACTS THAT ARE MATERIAL TO THE CONFLICT. SUCH DISCLOSURE IS REFLECTED IN THE MINUTES OF THE MEETING. THE BOARD WILL DISCUSS AND VOTE WITHOUT THAT PERSON PRESENT AT THE MEETING.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialTHE BOARD OF DIRECTORS EVALUATES THE POSITION OF EXECUTIVE DIRECTOR AND REVIEWS COMPARABLE POSITIONS WITH COMPARABLE ORGANIZATIONS BEFORE APPROVAL OF COMPENSATION.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesTHE BOARD OF DIRECTORS EVALUATES COMPENSATION FOR OTHER KEY EMPLOYEES AND REVIEWS COMPARABLE POSITIONS WITH COMPARABLE ORGANIZATIONS BEFORE APPROVAL OF COMPENSATION.
Form 990, Part VI, Line 19 Required documents available to the publicTHE FOUNDATION'S GOVERNING DOCUMENTS, TAX RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1PERU STATE COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 HOYT STREETAddressLine1Txt
CityPERUCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68421ZIPCd
FieldValueIRS element (for citing)
EIN611573095EIN
Primary ActivitiesHIGHER EDPrimaryActivitiesTxt
Legal Domicile StateNELegalDomicileStateCd
Exempt Code Section501(c)(3)ExemptCodeSectionTxt
Public Charity Status6PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd