2020-08-07T08:48:23-05:00 2019-09-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2018-10-01 383555142 WAYNE STATE UNIVERSITY FOUNDATION WAYN 3135775580 5700 CASS AVENUE AAB NO 4900 DETROIT MI 48202 REBECCA COOKE TREASURER 3135775580 2020-08-05 1 LISA FORT P00223532 2695674500 2020-08-05 24.127.213.245 2020-08-05 13:44:51 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D1A42FCEE5CBCA1835161BC59C75369F1B7E9248 2018 2020-09-23 17:36:50Z REBECCA COOKE 5700 CASS AVENUE AAB NO 4900 DETROIT MI 48202 325158108 0 5224 X HTTPS://GIVING.WAYNE.EDU/ABOUT/FOUNDATION X 2000 MI WAYNE STATE UNIVERSITY FOUNDATION WAS ESTABLISHED TO BE A CENTRALIZED MEANS OF ENCOURAGING AND MANAGING FINANCIAL SUPPORT TO WAYNE STATE UNIVERSITY. THIS SUPPORT ALLOWS WAYNE STATE UNIVERSITY TO PROVIDE ITS STUDENTS, FACULTY, AND SCIENTISTS WITH OPPORTUNITIES FOR LEARNING AND DISCOVERY THAT OTHERWISE WOULD NOT HAVE BEEN FINANCIALLY POSSIBLE. 29 27 0 27 2290 332 22697944 17513893 0 0 17026695 15324348 0 0 39724639 32838241 12909020 14023971 0 0 0 0 0 0 1557359 4697978 3923044 17606998 17947015 22117641 14891226 391944258 399810411 289904 590741 391654354 399219670 X WAYNE STATE UNIVERSITY FOUNDATION WAS ESTABLISHED TO BE A CENTRALIZED MEANS OF ENCOURAGING AND MANAGING FINANCIAL SUPPORT TO WAYNE STATE UNIVERSITY. THIS SUPPORT ALLOWS WAYNE STATE UNIVERSITY TO PROVIDE ITS STUDENTS, FACULTY, AND SCIENTISTS WITH OPPORTUNITIES FOR LEARNING AND DISCOVERY THAT OTHERWISE WOULD NOT HAVE BEEN FINANCIALLY POSSIBLE. 0 0 14023971 14023971 0 TO PROVIDE FINANCIAL SUPPORT FOR THE OPERATIONS AND OBJECTIVES OF WAYNE STATE UNIVERSITY 14023971 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 CJ 0 0 0 0 0 0 0 0 0 0 X 29 27 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X REBECCA COOKE TREASURER WAYNE STA 3135775580 5700 CASS AVENUE SUITE 4900 DETROIT MI 48202 ARTHUR W BRYANT SR DIRECTOR 1.00 39.00 X 0 0 0 WALTER E DOUGLAS SR DIRECTOR 1.00 39.00 X 0 0 0 TYRONE C FAHNER DIRECTOR 1.00 39.00 X 0 0 0 STEPHEN STROME DIRECTOR 1.00 39.00 X 0 12000 0 SANDRA T PIERCE DIRECTOR 1.00 39.00 X 0 0 0 SANDRA HUGHES OBRIEN DIRECTOR 1.00 39.00 X 0 0 0 PETER KARMANOS JR DIRECTOR 1.00 39.00 X 0 0 0 PAUL A GLANTZ DIRECTOR 1.00 39.00 X 0 0 0 MARILYN KELLY CHAIR, UNIVERSITY BOARD OF GOVERNORS 1.00 39.00 X 0 0 0 MAGGIE A ALLESEE DIRECTOR 1.00 39.00 X 0 0 0 KOLLEEN T KENNEDY DIRECTOR 1.00 39.00 X 0 0 0 KIM TRENT DIRECTOR 1.00 39.00 X 0 0 0 JULIUS V COMBS MD DIRECTOR 1.00 39.00 X 0 0 0 LINDA BEALE DIRECTOR 1.00 39.00 X 0 185081 23862 JOHN JH SCHWARZ MD DIRECTOR 1.00 39.00 X 0 0 0 DAVID A NICHOLSON DIRECTOR 1.00 39.00 X 0 0 0 DAVID E MEADOR DIRECTOR 1.00 39.00 X 0 0 0 DAVID M HEMPSTEAD DIRECTOR 1.00 39.00 X 0 0 0 DAVID SALZMAN DIRECTOR 1.00 39.00 X 0 0 0 DENISE J LEWIS DIRECTOR 1.00 39.00 X 0 0 0 JOY H BAXT DIRECTOR 1.00 39.00 X 0 0 0 FRANK JENEY DIRECTOR 1.00 39.00 X 0 0 0 GARY TORGOW DIRECTOR 1.00 39.00 X 0 0 0 HOWARD M PERLMAN DIRECTOR 1.00 39.00 X 0 0 0 JAMES A ANDERSON DIRECTOR 1.00 39.00 X 0 0 0 JAMES C ROUMELL DIRECTOR 1.00 39.00 X 0 0 0 FREDERICK J SIEVERT DIRECTOR 1.00 39.00 X 0 0 0 YOUSIF GHAFARI DIRECTOR 1.00 39.00 X 0 0 0 A PAUL SCHAAP DIRECTOR- PART YEAR 1.00 39.00 X 0 0 0 MATTHEW J SIMONCINI CHAIR 1.00 39.00 X X 0 0 0 M ROY WILSON MD MS UNIVERSITY PRESIDENT 15.00 25.00 X 0 613156 168032 NECO T WALKER SECRETARY 25.00 15.00 X 0 83349 22835 MARIANNE CUNNINGHAM ASSISTANT TREASURER 15.00 25.00 X 0 213445 34982 WILLIAM R DECATUR TREASURER 15.00 25.00 X 0 330126 72918 SUSAN E BURNS PRESIDENT 15.00 25.00 X 0 335506 46341 BRYAN DADEY ASSISTANT TREASURER 15.00 25.00 X 0 86207 15503 LOUIS J ROMANO DIRECTOR-FORMER 1.00 39.00 X 0 149348 19232 DIANA GOODE ASSISTANT TREASURER-FORMER 15.00 25.00 X 0 123010 6308 0 2131228 410013 0 1 1 0 STRATEGIC INVESTMENT MANAGEMENT LLC ST 1001 19TH STREET NORTH 16TH FLOOR ARLINGTON VA 22209 INVESTMENT MANAGEMENT SERVICES 1602534 SS&C 1 ROBERT SPECK PARKWAY SUITE 1400 MISSISSAUGA ONTARIO CA L4Z 3M3 INVESTMENT MANAGEMENT SERVICES 367314 EGERTON INVESTMENT PARTNERS LP 5 STRATTON STREET LONDON LONDON UK W1H 8LA INVESTMENT MANAGEMENT SERVICES 242147 MONROE CAPITAL LLC 311 SOUTH WACKER DRIVESTE 6400 CHICAGO IL 60606 INVESTMENT MANAGEMENT SERVICES 179202 PANAGORA 470 ATLANTIC AVENUE 8TH FLOOR BOSTON MA 02210 INVESTMENT MANAGEMENT SERVICES 111661 5 17513893 17513893 4755971 2290 4753681 302888244 292319867 10568377 10568377 10568377 32838241 0 2290 15322058 14023971 14023971 2365685 2365685 REIMBURSEMENTS TO WSU 1557359 1557359 17947015 14023971 2365685 1557359 3630544 4715558 291090 766279 257378002 315247644 130644622 79080930 391944258 399810411 289904 590741 289904 590741 X 0 0 0 0 391654354 399219670 391654354 399219670 391944258 399810411 14891226 -7325910 0 X X 0 1 X 1 0 X X 1 WAYNE STATE UNIVERSITY 386028429 2 1 14023971 0 1 14023971 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X PART IV, SECTION D, LINE 3 THE PURPOSE OF THE FOUNDATION IS TO PROMOTE AND SUPPORT THE MISSION AND INITIATIVES THAT HAVE BEEN RECOMMENDED BY THE PRESIDENT OF WAYNE STATE ("THE UNIVERSITY") AND APPROVED BY ITS BOARD OF GOVERNORS. EXPERIENCED AND INFLUENTIAL INDIVIDUALS SERVE AS DIRECTORS TO GUIDE AND DIRECT THE FOUNDATION'S ACTIVITIES, ARE ASKED TO PROVIDE SUPPORT FOR THE UNIVERSITY'S FUNDRAISING, DEVELOP ITS INVESTMENT STRATEGY, AND PROMOTE VOLUNTEERISM IN SUPPORT OF THE UNIVERSITY MISSION. PART VI SECTION E LINE 2A WAYNE STATE UNIVERSITY IS SUPPORTED BY THE FOUNDATION WITH THE PURPOSE TO PROMOTE AND SUPPORT THE MISSION AND INITIATIVES THAT HAVE BEEN RECOMMENDED BY THE PRESIDENT OF THE UNIVERSITY AND APPROVED BY ITS BOARD OF GOVERNORS. EXPERIENCED AND INFLUENTIAL INDIVIDUALS SERVE AS DIRECTORS TO GUIDE AND DIRECT THE FOUNDATION'S ACTIVITIES; ARE ASKED TO PROVIDE SUPPORT FOR THE UNIVERSITY'S FUNDRAISING AND DEVELOP ITS INVESTMENT STRATEGY. PART IV SECTION E LINE 2B PURPOSE OF THE FOUNDATION IS TO PROMOTE AND SUPPORT THE MISSION AND INITIATIVES THAT HAVE BEEN RECOMMENDED BY THE PRESIDENT OF WAYNE STATE ("THE UNIVERSITY") AND APPROVED BY ITS BOARD OF GOVERNORS. EXPERIENCED AND INFLUENTIAL INDIVIDUALS SERVE AS DIRECTORS TO GUIDE AND DIRECT THE FOUNDATION'S ACTIVITIES; ARE ASKED TO PROVIDE TO SUPPORT FOR THE UNIVERSITY'S FUNDRAISING; DEVELOP ITS INVESTMENT STRATEGY; AND PROMOTE VOLUNTEERISM IN SUPPORT OF THE UNIVERSITY MISSION. PART IV, SECTION E, LINE 1C THE PURPOSE OF THE FOUNDATION IS TO PROMOTE AND SUPPORT THE MISSION AND INITIATIVES THAT HAVE BEEN RECOMMENDED BY THE PRESIDENT OF WAYNE STATE ("THE UNIVERSITY") AND APPROVED BY ITS BOARD OF GOVERNORS. EXPERIENCED AND INFLUENTIAL INDIVIDUALS SERVE AS DIRECTORS TO GUIDE AND DIRECT THE FOUNDATION'S ACTIVITIES; ARE ASKED TO PROVIDE TO SUPPORT FOR THE UNIVERSITY'S FUNDRAISING; DEVELOP ITS INVESTMENT STRATEGY; AND PROMOTE VOLUNTEERISM IN SUPPORT OF THE UNIVERSITY MISSION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 391654353 17513893 7998437 14023971 1557359 2365684 399219670 362349500 22697943 24213908 12909020 1426573 3271405 391654353 322067271 18927300 37627372 12645096 1394932 2232415 362349500 289871556 16622092 27252005 9247693 1362761 1067928 322067271 304518948 8148285 -11047602 9256282 1287577 1204216 289871556 0.42840 0.57160 0 1 1 0 ALTERNATIVES 36733965 F REAL ASSETS 36736935 F OPPORTUNISTIC 5610030 F 79080930 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED TO PROVIDE WAYNE STATE UNIVERSITY'S STUDENTS, FACULTY, AND SCIENTISTS WITH THE OPPORTUNITIES FOR LEARNING AND DISCOVERY THAT OTHERWISE WOULD NOT HAVE BEEN FINANCIALLY POSSIBLE. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 80014890 0 0 0 0 0 0 80014890 0 80014890 1 0 1 1 1 0 1 WAYNE STATE UNIVERSITY 5700 CASS AVENUE AAB SUITE 4900 DETROIT MI 48202 386028429 SECTION 115 14023971 PROGRAM SUPPORT 1 0 PART I, LINE 2: WAYNE STATE UNIVERSITY FOUNDATION DOES NOT ADMINISTER THE DISBURSEMENT OF FUNDS TO THIRD PARTIES. THE FUNDS ARE TRANSFERRED TO WAYNE STATE UNIVERSITY, WHOSE STAFF ADMINISTERS THE FUNDS TO THIRD PARTIES WITH INTERNAL DOCUMENTS TO ENSURE THAT DONOR INTENT AND CRITERIA HAVE BEEN MET. 0 1 0 0 0 0 0 0 0 LINDA BEALE DIRECTOR 0 185081 0 0 0 0 0 17508 0 6354 0 208943 0 0 M ROY WILSON MD MS UNIVERSITY PRESIDENT 0 539342 0 50000 0 23814 0 151789 0 16243 0 781188 0 0 MARIANNE CUNNINGHAM ASSISTANT TREASURER 0 213445 0 0 0 0 0 21345 0 13637 0 248427 0 0 WILLIAM R DECATUR TREASURER 0 329346 0 0 0 780 0 52000 0 20918 0 403044 0 0 SUSAN E BURNS PRESIDENT 0 299706 0 25000 0 10800 0 27500 0 18841 0 381847 0 0 LOUIS J ROMANO DIRECTOR-FORMER 0 149348 0 0 0 0 0 12036 0 7196 0 168580 0 0 DIANA GOODE ASSISTANT TREASURER-FORMER 0 87639 0 15000 0 20371 0 5569 0 739 0 129318 0 0 PART I, LINE 3 THE ORGANIZATION'S PRESIDENT IS ALSO A VICE PRESIDENT OF THE RELATED ORGANIZATION, WAYNE STATE UNIVERSITY. THE ORGANIZATION'S PRESIDENT RECEIVES COMPENSATION FROM THE RELATED ORGANIZATION, BUT NOT FROM THE ORGANIZATION. THE COMPENSATION IS ESTABLISHED BY THE RELATED ORGANIZATION, SUBJECT TO APPROVAL BY THAT ORGANIZATION'S GOVERNING BODY, THE WAYNE STATE UNIVERSITY BOARD OF GOVERNORS. PART I, LINE 4B LINE 4B: WAYNE STATE UNIVERSITY PARTICIPATES IN A NON-QUALIFIED RETIREMENT PLAN. THE UNIVERSITY CONTRIBUTED $52,000 TO THE PLAN ON BEHALF OF WILLIAM DECATUR AND $151,789 ON BEHALF OF M. ROY WILSON. FORM 990, PART VI, SECTION A, LINE 7A IN ACCORDANCE WITH WAYNE STATE UNIVERSITY FOUNDATION'S (FOUNDATION) BY-LAWS IN EFFECT FOR THIS FISCAL YEAR, WAYNE STATE UNIVERSITY'S BOARD OF GOVERNORS DIRECTLY APPOINTS TWO FOUNDATION BOARD OF DIRECTOR ("BOARD") MEMBERS, AND IT INDIRECTLY APPOINTS FIVE OTHER BOARD MEMBERS BECAUSE THE FOUNDATION'S BY-LAWS INDICATE THAT CERTAIN WAYNE STATE UNIVERSITY OFFICERS WOULD AUTOMATICALLY BECOME FOUNDATION BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B IN ACCORDANCE WITH WAYNE STATE UNIVERSITY FOUNDATION'S (FOUNDATION) BY-LAWS IN EFFECT FOR THIS FISCAL YEAR, WAYNE STATE UNIVERSITY'S BOARD OF GOVERNORS APPROVES THE FOUNDATION'S ENDOWMENT FUND'S ANNUAL SPENDING RATE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY PLANTE & MORAN PLLC. THE FORM 990 IS SENT ELECTRONICALLY TO THE WAYNE STATE UNIVERSITY FOUNDATION BOARD OF DIRECTORS. THE MEMBERS ARE ASKED TO REVIEW THE RETURN AND OFFERED AN OPPORTUNITY TO COMMENT. ALTERNATIVELY THE TREASURER FORMALLY PRESENTS, REVIEWS, AND DISCUSSES AT A REGULARLY SCHEDULED BOARD MEETING WHEN SUCH BOARD MEETING OCCURS DURING THE FILING PERIOD. WITH EITHER APPROACH THE PROCESS IS COMPLETED BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE GOVERNING BODY AND ALL COMMITTEE MEMBERS ARE REQUIRED TO ANNUALLY REVIEW AND UPDATE A CONFLICT OF INTEREST STATEMENT IDENTIFYING ANY SITUATION WHERE A POSSIBLE CONFLICT OF INTEREST MAY EXIST BETWEEN THE BOARD OR COMMITTEE MEMBER, OR MEMBERS OF THEIR IMMEDIATE FAMILY, AND A PARTICULAR NONPROFIT AGENCY. ADMINISTRATION REVIEWS ALL CONFLICT OF INTEREST STATEMENTS TO DETERMINE IF AN ACTUAL CONFLICT OF INTEREST EXISTS. IF A MATTER IS UNDER CONSIDERATION BY THE BOARD OR COMMITTEE IN WHICH THERE IS A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE MEMBER SHALL NOT VOTE OR USE THEIR PERSONAL INFLUENCE ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 WAYNE STATE UNIVERSITY FOUNDATION'S GOVERNING DOCUMENTS AND FINANCIAL INFORMATION ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN PROCESS FROM PRIOR YEAR. 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