2019-05-12T14:24:07-05:00 2018-06-30 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2017-07-01 953948691 Point Loma Nazarene University Foundation POIN 6198492200 3900 Lomaland Drive San Diego CA 92106 George R Latter Jr Treasurer 6198492200 2019-05-12 1 David C Moja P00747006 7145770988 139.146.132.42 2019-05-12 15:39:27 ED P BB9C941D9017312E4EAEE769FA72F4CB3C5790C3 CB2459780E3642F1C947A578E758F0D0C14F9328 2017 2019-02-21 02:37:17Z Gary Smee 3900 Lomaland Drive San Diego CA 92106 8984454 0 X www.pointloma.edu X 1965 CA Supports Point Loma Nazarene University. 14 11 0 11 0 0 1512783 4363539 0 0 780368 969227 28185 42257 2321336 5375023 905126 692345 0 0 5914 6438 0 0 0 387644 409605 1298684 1108388 1022652 4266635 60000082 66540758 1582695 1732294 58417387 64808464 The primary objectives and purposes of this corporation shall be to promote major gift fundraising for Point Loma Nazarene University (PLNU) through excellence in strategic development, major donor engagement, and oversight of foundation assets. 0 0 1108388 692345 Funds raised by the PLNU Foundation are primarily used to support Point Loma Nazarene University in the form of student financial aid. 1108388 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X Jim Bergherm 6198492200 3900 Lomaland Drive San Diego CA 92106 Gary Smee President 1.00 1.00 X X 0 0 0 Scott McGuckin Vice President 1.00 1.00 X X 0 0 0 George R Latter Jr Treasurer 1.00 40.00 X X 0 199038 33247 Gilbert Wai Secretary 1.00 X X 0 0 0 Tom Battin Director 1.00 X 0 0 0 Robert Brower Director 1.00 40.00 X 0 342950 45323 Carolyn Downey Director 1.00 X 0 0 0 Daryl Nicholson Director 1.00 1.00 X 0 0 0 Mendell Thompson Director 1.00 1.00 X 0 0 0 Joe Watkins Director 1.00 40.00 X 0 133334 0 Mike Gehart Director 1.00 X 0 0 0 Nate Spoelman Director 1.00 X 0 0 0 Doug Pierce Director 1.00 X 0 0 0 Rudy Thomas Director 1.00 X 0 0 0 Steve Scott Part Year Director 1.00 1.00 X 0 0 0 0 675322 78570 0 0 1 0 Hirtle Callaghan 101 Avenue of the Americas 9th Flo New York NY 10013 Investment Management Svcs. 216164 1 2108608 2254931 4363539 742852 742852 68848 26591 42257 42257 42257 3809215 3582840 226375 226375 226375 5375023 0 0 1011484 692345 692345 6281 6281 157 157 216164 216164 9247 9247 3627 3627 2100 2100 157591 157591 1259 1259 Other 12391 12391 Equipment 7226 7226 1108388 1108388 0 0 88039 3341 3341 11745259 8788737 11745259 44623786 45540302 6584218 9163817 60000082 66540758 154046 131314 1600 1600 7500 7500 1419549 1591880 1582695 1732294 X 26520428 29245435 7198197 9615832 24698762 25947197 58417387 64808464 60000082 66540758 X 4266635 1978658 145784 X X 0 1 X 1 0 X X 1 Point Loma Nazarene University 951644035 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part VI, Explanation of Other Income: Other Income - 2014 Amount: $ 13,545. Schedule A, Part II: The organization is a Type I supporting organization and is not required to complete a public support schedule. Schedule A, Part II is completed to verify that the Foundation can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. 55740428 3676193 2744985 1028389 61133217 51408918 1506170 3773586 948246 55740428 51961162 1712902 -777398 365291 1122457 51408918 47361554 5532141 -211742 396812 323979 51961162 39529525 4463810 4707748 556126 449625 386549 47308783 0.47300 0.52700 0.00000 0 0 11745259 11745259 11745259 Equity participation notes receivable 4877692 Other receivables 397036 Receivable from Point Loma University 3889089 9163817 Charitable trusts & annuities payable 1591880 1591880 Part V, Line 4: Provide scholarship funds and support the general operations of the Foundation and University. 1 Tuition assistance 382 692345 Part I, Line 2: The Foundation only grants funds to Point Loma Nazarene University, a related entity which the Foundation is a supporting organization to. The finance team overseeing the foundation's books and records also oversees the Universty's books. Tuition assistance to individuals is applied directly to the student account. 0 0 0 0 0 0 0 0 0 George R Latter Jr Treasurer 0 198406 0 632 0 0 0 16058 0 17451 0 232547 0 0 Robert Brower Director 0 334372 0 641 0 7937 0 21600 0 24802 0 389352 0 0 Form 990, Part VI, Section A, line 2 Daryl Nicholson and Gary Smee - business relationship. Form 990, Part VI, Section B, line 11b The form 990 is prepared by an independent CPA firm, reviewed in detail by the finance department, and then distributed to the Board of Directors for review before being filed with the IRS. Form 990, Part VI, Section B, line 12c Conflict of interest statements are completed annually by all members of the Governing Body. The Chair of the University's (PLNU) Audit Committee reviews the statements. The finance team is also monitoring all transactions for potential conflicts of interest. Form 990, Part VI, Section C, line 19 The Foundation's governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part XI, line 9: Trust and annuity actuarial gain 58,062. Present value adjustment to annuities payable 87,722. Form 990, Part XII, Line 2c: Point Loma Nazarene University's audit committee assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year. 990, Part VI, Section B Line 15a and 15b: The Foundation has no employees. Compensation amounts on Form 990 Part VII are from a related organization. Therefore, these questions related to approval of officer compensation are not applicable to the Foundation. Form 990, Part IX: Employees of Point Loma Nazarene University, a related organization, perform some administrative functions for the Foundation. These employees' compensation is reported on the University's Form 990. Point Loma Nazarene University 3900 Lomaland drive San Diego CA 92106 951644035 Nonprofit Christian university CA 501(C)(3) Sch A Line 2 N/A 0 Charitable Remainder Trust (5) Hold assets and remit income to University CA Point Loma Nazarene University Foundation T 0 Pooled Income Fund (4) Hold assets and remit income to University CA Point Loma Nazarene University Foundation T 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Point Loma Nazarene University B Point Loma Nazarene University N Point Loma Nazarene University O