2019-11-15T09:59:49-06:00 2019-06-30 381357951 PLANTE & MORAN PLLC 250 S HIGH ST SUITE 100 COLUMBUS OH 43215 990 2018-07-01 346576610 YOUNGSTOWN STATE UNIVERSITY FOUNDATION YOUN 3309413211 655 WICK AVENUE YOUNGSTOWN OH 44502 PAUL MCFADDEN PRESIDENT 3309413211 2019-11-13 1 TINA M PETERS CPA P00904574 6148493000 2019-11-13 199.33.77.183 2019-11-13 15:28:06 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 88BB8417C17E4C1C3BDD6C18F80F35263914D73F 2018 2020-03-31 21:24:44Z PAUL MCFADDEN 655 WICK AVENUE YOUNGSTOWN OH 44502 62831175 0 X YSUFOUNDATION.ORG X 1966 OH TO SUPPORT YOUNGSTOWN STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS AND PROGRAMATIC SUPPORT. 40 40 26 40 63724 2099 15200061 16920660 0 0 5733082 6695645 0 0 20933143 23616305 13702473 15047701 0 0 1171602 1150515 0 534 676742 1539413 792190 16413488 16990940 4519655 6625365 258886094 273418919 9160347 9870797 249725747 263548122 X THE YOUNGSTOWN STATE UNIVERSITY FOUNDATION IS DEVOTED TO THE SUPPORT, EXPANSION AND DEVELOPMENT OF EDUCATIONAL PROGRAMS AT YOUNGSTOWN STATE UNIVERSITY DEEMED USEFUL TO THE STUDENTS AND BENEFICIAL TO THE COMMUNITY. 0 0 15425429 15047701 0 THE YOUNGSTOWN STATE UNIVERSITY FOUNDATION IS AN INDEPENDENT, AUTONOMOUS, PRIVATE, NON-PROFIT CORPORATION THAT PURSUES, MANAGES AND DISTRIBUTES RESOURCES TO SUPPORT SCHOLARSHIPS AND STUDENT INITIATIVES, AS WELL AS THE GROWTH AND DEVELOPMENT OF YOUNGSTOWN STATE UNIVERSITY.THE YOUNGSTOWN STATE UNIVERSITY FOUNDATION WILL BE A CATALYTIC FORCE FOR THE ADVANCEMENT OF YSU, THE YOUNGSTOWN COMMUNITY, AND NORTHEAST OHIO, AND WILL BE A CRITICAL SOURCE OF SUPPORT, OPPORTUNITY, AND EXCELLENCE FOR YSU STUDENTS AND UNIVERSITY PROGRAMS.THE COMPETITION FOR STUDENTS IN HIGHER EDUCATION HAS NEVER BEEN GREATER. THE YSU FOUNDATION, PROVIDING OVER $8.5 MILLION IN ANNUAL SCHOLARSHIP AID, HAS HISTORICALLY DESIGNED SCHOLARSHIP AWARDS TO PROVIDE ACCESS TO ATTEND YSU. TWO OF THE YSU FOUNDATION'S IMPORTANT INITIATIVES ARE THE MINORITY SCHOLARSHIP MATCH PROGRAM AND THE STUDENT INVESTMENT FUND. FOR THE PAST DECADE, THE YSU FOUNDATION HAS MATCHED ALL GIFTS TO MINORITY SCHOLARSHIPS. THIS HAS ATTRACTED OVER $1,300,000 IN GIFTS, HELPING YSU INCREASE THE DIVERSITY OF ITS STUDENT BODY. THE FOUNDATION ALSO PROVIDES GRANTS TO YOUNGSTOWN STATE UNIVERSITY FOR THE PURPOSE OF LECTURES AND SYMPOSIUMS AND FOR THE OPERATIONS OF VARIOUS DEPARTMENTS AND CENTERS. 15425429 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 1 26 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 40 40 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X PAUL MCFADDEN 3309413211 655 WICK AVENUE YOUNGSTOWN OH 44502 RICHARD J SCHIRALDI CHAIR/TRUSTEE 1.00 0.00 X X 0 0 0 FRANK HIERRO VICE CHAIR/TRUSTEE 1.00 0.00 X X 0 0 0 PETER J ASIMAKOPOULOS TREASURER/TRUSTEE 1.00 0.00 X X 0 0 0 ED MURANSKY ASSISTANT TREASURER/TRUSTEE 1.00 0.00 X X 0 0 0 JOHN L POGUE SECRETARY/TRUSTEE 1.00 0.00 X X 0 0 0 THOMAS J FLEMING ASSISTANT SECRETARY/TRUSTEE 1.00 0.00 X X 0 0 0 EUGENIA C ATKINSON TRUSTEE 1.00 0.00 X 0 0 0 NADER ATWAY TRUSTEE 1.00 0.00 X 0 0 0 A GARY BITONTE TRUSTEE 1.00 0.00 X 0 0 0 RICHARD BLASE TRUSTEE 1.00 0.00 X 0 0 0 SUSAN BRINEY TRUSTEE 1.00 0.00 X 0 0 0 RAYMOND J BRIYA TRUSTEE PART YEAR 1.00 0.00 X 0 0 0 LEE BURDMAN TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY M CAFARO SR TRUSTEE 1.00 0.00 X 0 0 0 THOMAS J CAVALIER TRUSTEE 1.00 0.00 X 0 0 0 Y T CHIU JR TRUSTEE 1.00 0.00 X 0 0 0 DOMENIC L CONSTANTINI TRUSTEE 1.00 0.00 X 0 0 0 ALAN W COPE TRUSTEE 1.00 0.00 X 0 0 0 MILLICENT S COUNTS TRUSTEE 1.00 0.00 X 0 0 0 REX A FERRY TRUSTEE 1.00 0.00 X 0 0 0 ALFRED J FLEMING TRUSTEE 1.00 0.00 X 0 0 0 JOHN F GELETKA TRUSTEE 1.00 0.00 X 0 0 0 JAMES GELLER TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN J GURGOVITS TRUSTEE 1.00 0.00 X 0 0 0 MARY BETH HOUSER TRUSTEE 1.00 0.00 X 0 0 0 NATHANIEL R JONES TRUSTEE 1.00 0.00 X 0 0 0 MITCHELL J JOSEPH TRUSTEE 1.00 0.00 X 0 0 0 BENJAMIN KECK TRUSTEE 1.00 0.00 X 0 0 0 JOCELYNE KOLLAY LINSALATA TRUSTEE 1.00 0.00 X 0 0 0 GARRY L MROZEK TRUSTEE 1.00 0.00 X 0 0 0 JUDE NOHRA TRUSTEE 1.00 0.00 X 0 0 0 CARL A NUNZIATO TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY PAYIAVLAS TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM POOLE TRUSTEE 1.00 0.00 X 0 0 0 MARY PAT SALOMONE TRUSTEE PART YEAR 1.00 0.00 X 0 0 0 THEODORE SCHMIDT TRUSTEE 1.00 0.00 X 0 0 0 JAMES H SISEK TRUSTEE 1.00 0.00 X 0 0 0 MARTIN SOLOMON TRUSTEE 1.00 0.00 X 0 0 0 DOUG SWEENEY TRUSTEE 1.00 0.00 X 0 0 0 RAJIV TANEJA TRUSTEE 1.00 0.00 X 0 0 0 RICHARD B THOMPSON TRUSTEE 1.00 0.00 X 0 0 0 ANDREW WELLER TRUSTEE PART YEAR 1.00 0.00 X 0 0 0 PAUL J WILLIAMS TRUSTEE PART YEAR 1.00 0.00 X 0 0 0 STUART WISE TRUSTEE 1.00 0.00 X 0 0 0 PAUL MCFADDEN PRESIDENT 40.00 0.00 X 185932 0 55038 185932 0 55038 1 0 1 0 GRAYSTONE CONSULTING 4449 EASTON WAY SUITE 300 COLUMBUS OH 43219 INVESTMENT MANAGEMENT 352491 SKYBRIDGE CAPITAL LLC 527 MADISON AVE 16 NEW YORK NY 10022 INVESTMENT MANAGEMENT 212338 BAKER HOSTETLER KEY TOWER 127 PUBLIC SQUARE CLEVELAND OH 44114 LAW SERVICES 192694 3 X 16920660 1108447 16920660 1938911 63724 1875187 43971604 39214870 4756734 4756734 4756734 23616305 0 63724 6631921 15047701 15047701 323366 85248 163112 75006 606733 199805 116186 290742 37109 10141 13049 13919 114805 30916 44224 39665 68502 19213 23250 26039 229465 229465 55100 55100 534 534 12957 268 10565 2124 151750 24189 33777 93784 82871 6290 45423 31158 3005 752 1877 376 76229 76229 55084 11014 44070 17020 775 -1333 17578 12369 12369 15152 15152 BAD DEBTS 41140 41140 SUBSCRIPTIONS 26964 26964 OTHER EXPENSES 8024 8024 MEMBERSHIP DUES 5060 131 4322 607 16990940 15425429 888769 676742 3120370 2723049 10593536 10285078 977505 967302 96552 57328 37728 39224 243921774 258789138 235181 615128 258886094 273418919 837598 1325523 8322749 8545274 9160347 9870797 X 152312802 152970226 16037771 0 81375174 110577896 249725747 263548122 258886094 273418919 6625365 7197010 0 X X 0 1 X 1 0 X 8082371 14395061 13695527 15200061 16920660 68293680 8082371 14395061 13695527 15200061 16920660 68293680 509489 67784191 2892079 2578653 2613288 2611105 1875187 12570312 80863992 0.83820 0.80160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 241189000 10965173 13508397 9930394 255732176 225044989 8957920 18026169 10840078 241189000 204701206 5100602 24098923 8855742 225044989 215954152 6177412 -6946246 10484112 204701206 224094887 4049680 -2563843 9626572 215954152 0.61830 0.35090 0.03080 0 0 96552 57328 39224 39224 30813315 7197010 7197010 23616305 0 23616305 16990940 0 16990940 0 16990940 PART V, LINE 4: THE ORGANIZATION'S USE OF ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIPS AND OTHER SPECIFIED USES FOR THE BENEFIT OF STUDENTS, AND RELATED ACTIVITIES AND PROGRAMS AT YOUNGSTOWN STATE UNIVERSITY. CENTRAL AMERICA AND THE CARRIBEAN 0 0 INVESTMENTS 56042870 0 0 0 0 0 0 56042870 0 56042870 1 0 1 1 1 0 0 YOUNGSTOWN STATE UNIVERSITY ONE UNIVERSITY PLAZA YOUNGSTOWN OH 44555 341011998 170(B)(I)(A)(II) 15047701 TO EXCLUSIVELY SUPPORT YOUNGSTOWN STATE UNIVERSITY. 1 0 PART I, LINE 2 THE FOUNDATION EXCLUSIVELY SUPPORTS YOUNGSTOWN STATE UNIVERSITY WHICH IS LOCATED WITHIN THE UNITED STATES. YSU FOUNDATION ANNUALLY FOLLOWS UP WITH THE UNIVERSITY ON THE USE OF AWARDED GRANTS TO ASSURE THEY ARE USED FOR THE INTENDED PURPOSES. X X X 0 0 0 0 0 0 0 0 0 PAUL MCFADDEN PRESIDENT 185932 0 0 0 0 0 42604 0 12434 0 240970 0 0 0 X 6300 480660 MARKET QUOTATIONS X LAND 1 599400 FMV X INSTRUMENT AND ART WORK DONATIONS 8 28387 FMV 0 0 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN LINE 9, COLUMN B IS THE NUMBER OF SHARES OF PUBLICLY TRADED STOCK DONATED TO THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B IRS FORM 990 IS REVIEWED AND APPROVED BY THE FOUNDATION'S EXECUTIVE COMMITTEE AND AUDIT COMMITTEE. THE FOUNDATION ALSO PROVIDED THE FORM 990 TO EACH VOTING MEMBER OF THE BOARD OF TRUSTEES IN PAPER AND/OR ELECTRONIC FORM. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES OF THE ORGANIZATION SIGN CONFLICT OF INTEREST POLICIES ANNUALLY. CONFLICTS OF INTEREST ARE IDENTIFIED DURING BOARD MEETINGS BY THE TRUSTEES AND BOARD MEMBERS ABSTAIN FROM VOTING IF THEY HAVE A CONFLICT. BOARD MEMBERS ARE AWARE TO DISCLOSE CONFLICTS OF INTEREST AS SOON AS THEY ARISE, AND THE PRESIDENT ALSO MONITORS THE CONFLICTS OF INTEREST THROUGHOUT THE YEAR. THE BOARD CHAIR REVIEWS THE PRESIDENT'S COMPLETED CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE PROVIDES TO THE BOARD CHAIR A SALARY RANGE BASED UPON THE REVIEW OF COMPENSATION PAID TO SIMILAR POSITIONS REPORTED ON THE FORM 990 OF OTHER ORGANIZATIONS TO DETERMINE THE PRESIDENT'S COMPENSATION. THE BOARD CHAIR DETERMINES, REVIEWS AND APPROVES THE COMPENSATION AMOUNT AND COMMUNICATES IT TO THE PRESIDENT THROUGH E-MAIL. THE COMPENSATION REVIEW PROCESS WAS LAST COMPLETED IN JULY 2019. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VIII, LINE 1: EFFECTIVE APRIL 1, 2015, THE FOUNDATION ENTERED INTO A DEVELOPMENTAL AGREEMENT WITH YOUNGSTOWN STATE UNIVERSITY WHEREIN THE FOUNDATION RAISES AND MAINTAINS DONATIONS ON BEHALF OF THE UNIVERSITY. THE FOUNDATION REMITS ALL RELATED FUNDS WHICH HAVE BEEN RECEIVED TO THE UNIVERSITY ON A MONTHLY BASIS. FOR THE YEAR ENDED JUNE 30, 2019, THE FOUNDATION RECORDED CONTRIBUTION REVENUE $2,159,191 AND DISTRIBUTION EXPENSES OF $5,263,994. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF TRUSTEES PROCESS OF ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED OR BEEN REVISED FROM THE PRIOR YEAR TO THE CURRENT YEAR.