2019-03-27T09:48:26-04:00 2018-06-30 Millhuff Stang CPA Inc 1428 Gallia Street Portsmouth OH 45662 990 2017-07-01 311115810 Shawnee State University Development Foundation SHAW 940 Second Street Portsmouth OH 45662 ELINDA BOYLES Dr SSUDF TREASURER 7403513005 2018-11-13 true Natalie Millhuff Stang P00970319 7408768548 2019-03-27 69.135.71.110 2019-03-27 09:50:24 31573120190863vc35mn 2019-03-27 P 19329860184DB52715548E9487F29DAF0E16DC98 19329860184DB52715548E9487F29DAF0E16DC98 2017 2019-02-21 02:37:17Z 7386240 false X givetossu.com X 1987 OH THE SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION (SSUDF) WAS CREATED AS A 501(C)(3) ORGANIZATION WITH THE MISSION OF MAKING FRIENDS AND CREATING FUNDS AND SUPPORT FOR SHAWNEE STATE UNIVERSITY. 18 16 9 20 0 0 1201462 1157640 0 1270395 -584548 -225237 -168358 2246620 404734 1257657 939509 0 307385 342670 1348 1659 126917 148376 222886 1714766 1506724 531854 -1101990 32142019 31509341 4576267 4758126 27565752 26751215 THE SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION (SSUDF) WAS CREATED AS A 501(C)(3) ORGANIZATION WITH THE MISSION OF MAKING FRIENDS AND CREATING FUNDS AND SUPPORT FOR SHAWNEE STATE UNIVERSITY. false false 918924 918924 STUDENT FINANCIAL AID IN THE FORM OF ACADEMIC SCHOLARSHIPS AND AWARDS, AND NEED-BASED SCHOLARSHIPS AND LOANS PROVIDED TO STUDENTS HELPS THE INSTITUTION ATTRACT THE BEST STUDENTS AND ALLOW STUDENTS WHO MIGHT OTHERWISE NOT BE AFFORDED A COLLEGE EDUCATION TO ATTEND SHAWNEE STATE UNIVERSITY. ALL SCHOLARSHIP PAYMENTS TOTALING $373,674 WERE PAID TO SHAWNEE STATE UNIVERSITY ON BEHALF OF THE ENROLLED AWARD RECIPIENT STUDENTS FOR PARTIAL PAYMENT OF TUITION, FEES AND/OR OTHER EXPENSES DIRECTLY RELATED TO EDUCATION. THE NUMBER OF UNIQUE SCHOLARSHIP RECIPIENTS DURING FISCAL YEAR 2018 WAS 200. 93402 DISBURSEMENTS TO BENEFIT THE ACADEMIC PROGRAMS OF SHAWNEE STATE UNIVERSITY. 36769 20585 THE FOUNDATION SUPPORTS DEPARTMENTAL PROGRAMS, FACULTY DEVELOPMENT IN THE FORM OF RESEARCH AND WRITING SUBSIDIES, AND PROVIDES FUNDS FOR VISITING SCHOLARS AND LECTURERS WHICH ARE ALL VITAL TO THE DEVELOPMENT OF THE FACULTY AT SHAWNEE STATE UNIVERSITY. GRANT PAYMENTS TOTALING $20,585 WERE PAID TO FACULTY AND STAFF FOR DIRECT SUPPORT OF RESEARCH AND ACADEMIC PROGRAMMING. THE NUMBER OF FACULTY AND STAFF GRANT RECIPIENTS DURING FISCAL YEAR 2018 WAS 13. 1049095 true true false false false false false false true true true false false false true false true false false false false false false false true false false true true true false false false false false false false false true false false false false true false false false true 38 0 true 9 true false false false false false true true false false false false X 18 16 false false false false true true true true true false false false true true true true true true false false X ELINDA BOYLES Dr 7403513005 940 Second Street Portsmouth OH 45662 MARK MORGAN SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 JANICE DARNELL SSUDF SECRETARY BOARD MEMBER 1.00 0.00 X X 0 0 0 ELINDA BOYLES SSUDF TREASURER BOARD MEMBER 1.00 0.00 X X 0 154215 55738 JAMES KADEL BOARD MEMBER term ended 614 1.00 0.00 X 0 24000 6720 DEBRA ESHAM SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 KEN APPLEGATE SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 ED DANIELS SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 WAYNE WHEELER SSUDF VP BOARD MEMBER 1.00 0.00 X X 0 0 0 BARRY RODBELL SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 FRANK WALLER SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 TOM COVERT SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 RICK KURTZ SSUDF BOARD MEMBER 1.00 0.00 X 0 310813 115377 CHRIS BROWN SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 LISA JOHNSON SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 LLOYD MARTIN SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 MATT WISECUP SSUDF BOARD MEMBER 1.00 0.00 X 0 0 0 DAN MOONEY SSUDF PRESIDENTBOARD MEMBER 1.00 0.00 X X 0 0 0 Scott Evans Board Member term ended 630 1.00 0.00 X 0 0 0 Scott Evans Board Member term ended 630 0.00 0.00 X 0 0 0 ERIC BRAUN EXECUTIVE DIRECTOR OF DEVELOP 40.00 0.00 X 0 138425 51745 RITA RICE MORRIS BOARD MEMBER TERM ENDED JUNE 0.00 0.00 X 0 0 225389 0 627453 454969 3 true true false 30528 1127112 84425 1157640 381728 381728 418381 568921 -150540 -150540 -150540 5076690 344525 4415477 1972014 661213 -1627489 -966276 -966276 7276 30528 25094 -17818 -17818 404734 0 0 -752906 552873 552873 386636 386636 246416 65087 85681 95648 33635 9095 12003 12537 55660 17368 23913 14379 6959 1852 2413 2694 32800 32800 1659 1659 63626 63626 16955 16184 771 29043 29043 33160 33160 OTHER EXPENSES 47302 47302 1506724 1049095 330712 126917 778340 790723 441137 393842 10971128 885985 11204572 10085143 18323910 19030577 1394060 1209056 32142019 31509341 162172 92766 191063 205942 4024546 4265792 198486 193626 4576267 4758126 X 8917933 6812336 8338042 9215495 10309777 10723384 27565752 26751215 32142019 31509341 X -1101990 415926 -128473 X true X true X true false X 3873823 2744719 774510 1201462 1157640 9752154 3873823 2744719 774510 1201462 1157640 9752154 129760 9622394 500700 841901 838302 700713 800109 3681725 24465 25254 12346 8784 7276 78125 13512004 0.71210 0.35080 X Other income Part II line 10 or Part III line 12 Description (a) 2013 (b)2014 (c)2015 (d)2016 (e)2017Fundraising revenue 21,465 21,754 8,846 8,784 7,276Other income 3,000 3,500 3,500 0 0Total 24,465 25,254 12,346 8,784 7,276 false true X 14477546 413607 1113236 670111 15334278 13384596 110234 1576005 593289 14477546 13929730 44665 -72215 517584 13384596 13739907 390491 298695 499363 13929730 11843988 418900 1786975 309956 13739907 0.03410 0.69930 0.26660 false false 2011200 2011200 8843646 873739 7969907 23583 4572 19011 92699 7674 85025 10085143 Charitable Gift Annuities 193626 193626 2824971 415926 2196410 2612336 212635 63626 128473 192099 404734 3639508 2196410 2196410 1443098 63626 63626 1506724 Escrow account liability (Part IV, line 2b) SHAWNEE STATE UNIVERSITY IS ACTING TREASURER FOR THE EDUCATE THE TRI-STATE COOPERATIVE. THE DEVELOPMENT FOUNDATION IS HOLDING AND DISBURSING THOSE FUNDS FOR THE UNIVERSITY. Endowment funds intended uses (Part V, line 4) THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE FOUNDATION HAS A POLICY OF ONLY SPENDING THE EARNINGS, INCLUDING APPRECIATION, OF THE ENDOWMENT FUND. THIS IS CONSISTENT WITH THE FOUNDATIONS OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. Other revenues not included on Form 990 (Part XI, line 2d) RENTAL EXPENSES $ 568,921LOSS ON SALE OF ASSET 1,627,489TOTAL $2,196,410 Other revenues included on Form 990 (Part XI, line 4b) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -$128,473 Other expenses not included on Form 990 (Part XII, line 2d) RENTAL EXPENSES $ 568,921LOSS ON SALE OF ASSET 1,627,489TOTAL $2,196,410 Pres Gala 37804 30528 7276 4666 20428 37804 30528 7276 4666 20428 25094 -17818 true SHAWNEE STATE UNIVERSITY 940 SECOND STREET Portsmouth OH 45662 310864917 GOVT ORG 20585 SEE STATEMENT SHAWNEE STATE UNIVERSITY 940 SECOND STREET Portsmouth OH 45662 310864917 GOVT ORG 532288 SEE STATEMENT 1 SCHOLARSHIPS AND OTHER STUDENT AID 200 373674 Monitoring procedures (Part I, line 2) GRANT RECIPIENTS ARE REQUIRED TO PROVIDE A FINAL REPORT TO THE GRANTING ORGANIZATION DETAILING THE USE OF ALL GRANT FUNDS. Additional Information for Schedule I SHAWNEE STATE UNIVERSITY:FACULTY AND STAFF PROGRAM GRANTSSHAWNEE STATE UNIVERSITY:INSTITUTIONAL SUPPORT X false true X false false false false false false false false false ELINDA BOYLES Dr SSUDF TREASURER BOARD MEMBER 150230 3985 37006 18732 209953 RICK KURTZ DR SSUDF BOARD MEMBER 306322 4491 75113 40264 426190 ERIC BRAUN EXECUTIVE DIRECTOR OF DEVELOPMENT 132189 6236 33949 17796 190170 RITA RICE MORRIS DR BOARD MEMBER TERM ENDED JUNE 2015 225389 225389 No written policy information (Part I, line 1b) The yearly discretionary allowance provided by the Foundation to the University President is approved by the Foundations Board on an annual basis. Related organization compensation method (Part I, line 3) THE RELATED ORGANIZATION USES A PROCESS FOR DETERMINING COMPENSATION OF THE DEVELOPMENT FOUNDATION EXECUTIVE DIRECTOR WHICH INCLUDES PERIODIC CONSULTATION WITH INDEPENDENT COMPENSATION ADVISORS; COMPARISON OF SALARIES WITH COMPARABLE MARKETS; REVIEW AND APPROVAL BY THE GOVERNING BODIES; WRITTEN EMPLOYMENT CONTRACTS WITH THE RELATED ORGANIZATION; AND CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE ESTABLISHMENT OF COMPENSATION. THE REVIEW PROCESS WAS CONDUCTED IN FY 2018. Unrelated organization compensation (Part II - officer info) NONTAXABLE BENEFITS INCLUDE THE ESTIMATED RENTAL VALUE OF HOUSING PROVIDED BY THE UNIVERSITY TO THE PRESIDENT PURSUANT TO IRC SECTION 119. PER CONTRACT, THE PRESIDENT IS REQUIRED TO LIVE IN THIS RESIDENCE. IN ADDITION, THE AMOUNT REPORTED ALSO INCLUDES NONTAXABLE HEALTH INSURANCE, LIFE, DISABILITY, OR LONG-TERM CARE INSURANCE, AND CAFETERIA PLANS. General Explanation Attachment THE 2017 CALENDAR YEAR COMPENSATION IDENTIFIED FOR RITA RICE MORRIS INCLUDES HER 415(m) PLAN DISTRIBUTION MADE IN ACCORDANCE WITH THE EXIT TERMS OF THE 2011-2015 PRESIDENTIAL EMPLOYMENT CONTRACT. DR. MORRIS RETIRED AS THE PRESIDENT OF SHAWNEE STATE UNIVERSITY ON JUNE 30, 2015. X 2 42460 MARKET VALUE X INSURANCE PREMIUMS 4 7959 COST X CLASSROOM EQUIPMENT 1 19299 MARKET VALUE X CLASSROOM EQUIPMENT 1 165715 MARKET VALUE false true false General Explanation Attachment SECURITIES - PUBLICLY TRADED: NUMBER OF CONTRIBUTIONSOTHER: NUMBER OF CONTRIBUTIONSOTHER: NUMBER OF CONTRIBUTIONS Members or stockholder classes and rights Part VI line 6 THE SOLE MEMBER OF THE FOUNDATION SHALL BE THE BOARD OF TRUSTEES OF SHAWNEE STATE UNIVERSITY. Member election for additional members Part VI line 7a PURSUANT TO THE CODE OF REGULATIONS, THE PRESIDENT OF SHAWNEE STATE UNIVERSITY AND THE CHAIRMAN OF THE BOARD OF TRUSTEES OF SHAWNEE STATE UNIVERSITY (OR DESIGNEE) SHALL BE MEMBERS OF THE FOUNDATION BOARD OF TRUSTEES SO LONG AS THEY OCCUPY THEIR OFFICES. ADDITIONALLY, THE BOARD OF TRUSTEES OF SHAWNEE STATE UNIVERSITY SHALL APPOINT ONE OF ITS MEMBERS AS ITS FURTHER REPRESENTATIVE ON THE FOUNDATION BOARD OF TRUSTEES.THE FACULTY OF THE UNIVERSITY SHALL APPOINT ONE OF ITS MEMBERS AS ITS REPRESENTATIVE ON THE FOUNDATION BOARD OF TRUSTEES. AN ALUMNI REPRESENTATIVE SHALL ALSO BE APPOINTED TO SERVE THE BOARD. THE FIFTEEN ADDITIONAL FOUNDATION TRUSTEES SHALL BE ELECTED BY THE BOARD OF TRUSTEES OF THE UNIVERSITY FROM THE COMMUNITY-AT-LARGE. AT-LARGE IN-TERM VACANCIES ON THE FOUNDATION BOARD OF TRUSTEES SHALL BE FILLED BY THE UNIVERSITY BOARD OF TRUSTEES FOLLOWING THE OCCURENCE OF A VACANCY. REPLACEMENT OF OTHER TRUSTEES SHALL BE APPOINTED FROM THE CONSTITUENCIES OF THE TRUSTEES THEY REPLACE. Governing body decisions Part VI line 7b OPERATING PROCEDURES OF THE SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION ARE CONTAINED IN THE STATEMENT OF OPERATIONS AND THE GUIDELINES FOR FUNDING. THESE POLICIES WILL BE DEVELOPED BY THE UNIVERSITY ADMINISTRATION FOR APPROVAL BY THE BOARD OF TRUSTEES OF SHAWNEE STATE UNIVERSITY AND CAN BE AMENDED, AS WELL, BY THAT PROCESS. Form 990 governing body review Part VI line 11 ALL 990 INFORMATION HAS BEEN SHARED WITH THE GOVERNING BODY EXCEPT THE NAMES AND ADDRESSES OF CONTRIBUTORS AS LISTED ON SCHEDULE B, WHICH HAVE BEEN REDACTED. THE BOARD IS ABLE TO ASK QUESTIONS AND COMMENT ON THE RETURN BEFORE ITS FILING. Conflict of interest policy compliance Part VI line 12c THE CONFLICT OF INTEREST POLICY APPLIES TO EACH MEMEBER OF THE BOARD OF TRUSTEES AND TO ALL OFFICERS OF THE SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION. IT IS INTENDED TO SERVE AS GUIDANCE FOR ALL PERSONS EMPLOYED BY THE SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION IN POSITIONS OF SIGNIFICANT RESPONSIBILITY FOR THE ACTIVITIES OF THE FOUNDATION. MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, AND EMPLOYEES OF THE FOUNDATION SERVE THE PUBLIC TRUST AND HAVE A CLEAR OBLIGATION TO FULFILL THEIR RESPONSIBILITIES IN A MANNER CONSISTENT WITH THAT SERVICE. ALL DECISIONS OF THE BOARD AND OFFICERS ARE TO BE MADE SOLELY ON THE BASIS OF A DESIRE TO PROMOTE THE BEST INTEREST OF THE FOUNDATION AND SHAWNEE STATE UNIVERSITY. THE INTEGRITY OF THE FOUNDATION AND SHAWNEE STATE UNIVERSITY MUST BE PROTECTED AND ADVANCED AT ALL TIMES. DEVELOPMENT FOUNDATION MEMBERS AND EMPLOYEES INEVITABLY ARE INVOLVED IN THE AFFAIRS OF OTHER INSTITUTIONS AND ORGANIZATIONS. EACH DIRECTOR, OFFICER, AND EMPLOYEE IS RESPONSIBLE FOR ENSURING THAT THE BOARD IS MADE AWARE OF SITUATIONS THAT INVOLVE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS THAT MAY BE A CONFLICT OF INTEREST OR CREATE AN APPEARANCE OF A CONFLICT FOR THE FOUNDATION OR SHAWNEE STATE UNIVERSITY. THUS, THE BOARD REQUIRES EACH TRUSTEE AND OFFICER ANNUALLY (1) TO REVIEW THIS POLICY; (2) TO DISCLOSE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS THAT REASONABLE COULD GIVE RISE TO A CONFLICT OF INTEREST INVOLVING THE FOUNDATION OR SHAWNEE STATE UNIVERSITY; AND (3) TO ACKNOWLEDGE BY HIS OR HER SIGNATURE THAT HE OR SHE IS IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THIS POLICY. ALL TRUSTEES AND OFFICERS SHOULD DISCLOSE ONLY THOSE SUBSTANTIVE RELATIONSHIPS THAT THEY MAINTAIN (OR MEMBERS OF THEIR FAMILY MAINTAIN) WITH ORGANIZATIONS THAT DO BUSINESS WITH THE UNIVERSITY, SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION, OR ANY RELATED OR AFFILIATED ORGANIZATION, OR WHICH OTHERWISE COULD BE CONSTRUED TO AFFECT POTENTIALLY THEIR INDEPENDENT, UN-BIASED JUDGMENT IN LIGHT OF THEIR DECISION-MAKING AUTHORITY OR RESPONSIBILITY. ANY UNCERTAINITES AS TO THE APPROPRIATENESS OF LISTING A PARTICULAR RELATIONSHIP MAY BE RESOLVED BY CONSULTATION WITH THE CHAIR OF THE FOUNDATION, WHO IN TURN MAY CONSULT WITH SHAWNEE STATE UNIVERSITY GENERAL COUNSEL, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, OR THE CHAIRMAN OF THE BOARD OF TRUSTEES IN EXECUTIVE SESSION. CEO executive director top management comp Part VI line 15a THE RELATED ORGANIZATION USES A PROCESS FOR DETERMINING COMPENSATION OF THE DEVELOPMENT FOUNDATION EXECUTIVE DIRECTOR WHICH INCLUDES PERIODIC CONSULTATION WITH INDEPENDENT COMPENSATION ADVISORS; COMPARISON OF SALARIES WITH COMPARABLE MARKETS; REVIEW AND APPROVAL BY THE GOVERNING BODIES; WRITTEN EMPLOYMENT CONTRACTW WITH THE RELATED ORGANIZATION; AND CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE ESTABLISHMENT OF COMPENSATION. THE REVIEW PROCESS WAS CONDUCTED IN FY 2018. Other officer or key employee compensation Part VI line 15b THE EXECUTIVE DIRECTOR/TOP MANAGEMENT OFFICIAL IS THE ONLY OFFICER OF THE ORGANIZATION. AS SUCH, THIS QUESTION HAS BEEN ANSWERED NO IN ACCORDANCE WITH THE FILING INSTRUCTIONS TO THE FORM 990. Governing documents etc available to public Part VI line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST. Explanation of other changes in net assets or fund balances Part XI line 9 (a) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - (b)128,473 General explanation attachment Part V, LINE 2ACOMMON PAYMASTER:EMPLOYEES ARE PAID BY SHAWNEE STATE UNIVERSITY (SSU) EIN 31-0864917, A RELATED ORGANIZATION OF SHAWNEE STATE UNIVERSITY DEVELOPMENT FOUNDATION (SSUDF). SSUDF REIMBURSED SSU $342,673 FOR SALARIES AND BENEFITS OF 9 INDIVIDUALS FOR FISCAL YEAR 2018. THE UNIVERSITY FILES ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS ON BEHALF OF THE ORGANIZATION.THE TOTAL NUMBER OF EMPLOYEES REPORTED ON FORM W-3 AND FILED BY THE RELATED ORGANIZATION, SSU, FOR THE CALENDAR YEAR 2017 WAS 1,200, OF WHICH 9 ARE EMPLOYEES OF SSUDF. SHAWNEE STATE UNIVERSITY 940 SECOND STREET Portsmouth OH 45662 310864917 HIGHER EDUCATION OH 501 C1 N/A false CHARITABLE REMAINDER TRUSTS 940 SECOND STREET Portsmouth OH 45662 INVESTMENTS OH N/A Trust false false true false false false false false false false false false true true true true true false false false