COLLEGE HEIGHTS FOUNDATION INC: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE HEIGHTS FOUNDATION INC (EIN 61-0459494)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-11
- IRS object ID
- 201933159349304823
- Schema version
- 2018v3.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-11T21:07:15-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 454572379 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENSLEY & THRONEBERRY CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 324 EAST 10TH AVENUE | AddressLine1Txt |
| City | BOWLING GREEN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 421012110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 610459494 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE HEIGHTS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLL | BusinessNameControlTxt |
| Phone | 2707454597 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1906 COLLEGE HEIGHTS BLVD 41016 | AddressLine1Txt |
| City | BOWLING GREEN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 42101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONALD SMITH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2707454597 | PhoneNum |
| Signature | 2019-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN THRONEBERRY | PreparerPersonNm |
| PTIN | P01041673 | PTIN |
| Phone | 2709042545 | PhoneNum |
| Preparation | 2019-11-11 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 208.80.208.98 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-11 | IPDt |
| IP Tm | 21:07:15 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 115636785ADE0E6A6FCF2906D87E3CA63624C2AB | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 71CB4D4E3C82E93EA889F8CAE9CD654932AA9187 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-01-14 16:20:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DONALD SMITH | PrincipalOfficerNm |
| Gross Receipts | $8,961,432 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WKU.EDU/DAR/CHR.PHP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1923 | FormationYr |
| Legal Domicile State | KY | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE ASSISTANCE AND ENCOURAGEMENT TO DESERVING STUDENTS ATTENDING WESTERN KENTUCKY UNIVERSITY THROUGH THE ADMINISTRATION OF SCHOLARSHIPS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $11,390,215 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,843,021 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,707,216 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,186,450 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$15,658 | PYOtherRevenueAmt |
| CY Other Revenue | -$74,443 | CYOtherRevenueAmt |
| PY Total Revenue | $13,081,773 | PYTotalRevenueAmt |
| CY Total Revenue | $8,955,028 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,327,809 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,735,185 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $583,293 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $607,310 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $14,654 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $793,340 | PYOtherExpensesAmt |
| CY Other Expenses | $684,691 | CYOtherExpensesAmt |
| PY Total Expenses | $6,704,442 | PYTotalExpensesAmt |
| CY Total Expenses | $7,027,186 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,377,331 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,927,842 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $77,516,274 | TotalAssetsBOYAmt |
| Total Assets EOY | $74,270,226 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,258,752 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,452,264 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $71,257,522 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $67,817,962 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE ASSISTANCE AND ENCOURAGEMENT TO DESERVING STUDENTS ATTENDING WESTERN KENTUCKY UNIVERSITY THROUGH THE ADMINISTRATION OF SCHOLARSHIPS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $6,016,188 | ExpenseAmt |
| Grant | $5,735,185 | GrantAmt |
| Desc | THE FOUNDATION PROVIDES SCHOLARSHIPS AND OTHER ASSISTANCE TO STUDENTS OF WESTERN KENTUCKY UNIVERSITY. | Desc |
| Total Program Service Expenses | $6,016,188 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONALD SMITH | PersonNm |
| Phone | 2707454597 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1906 COLLEGE HEIGHTS BLVD 41016 | AddressLine1Txt |
| City | BOWLING GREEN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 42101 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| DAN CHERRY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ALEXANDER DOWNING | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CLARENCE GLOVER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| R HARVEY JOHNSTON III | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARC LOVELL | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JACK GLASSER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOE NATCHER JR | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WANDA SCOTT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| FREDDIE TRAVIS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL SIMPSON | ||||||
| CHAIRMAN | 5.00 | Yes (X) | $0 | $0 | $0 | |
| CAROL WEDGE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JERRY MARTIN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TIMOTHY CABONI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DONALD SMITH | ||||||
| PRESIDENT | 40.00 | $170,000 | $0 | $0 | Yes (X) | |
| JESSICA CARVER | ||||||
| VICE PRESIDE | 40.00 | $100,000 | $0 | $0 | Yes (X) | |
| SUE MILLER | ||||||
| SECRETARY | 8.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $270,000 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $6,843,021 | AllOtherContributionsAmt |
| Noncash Contributions | $497,312 | NoncashContributionsAmt |
| Total Contributions | $6,843,021 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,186,450 | TotalRevenueColumnAmt |
| Exclusion | $2,186,450 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $13,366 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $6,404 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,962 | TotalRevenueColumnAmt |
| Exclusion | $6,962 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC. LOSS FROM TRANSFERRED F | Desc |
| Total Revenue Column | -$81,405 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$81,405 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$81,405 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,955,028 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$81,405 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $2,193,412 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,735,185 | TotalAmt |
| Program Services | $5,735,185 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $239,992 | TotalAmt |
| Management And General | $239,992 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $367,318 | TotalAmt |
| Management And General | $367,318 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,835 | TotalAmt |
| Management And General | $17,835 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $249,880 | TotalAmt |
| Management And General | $249,880 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,447 | TotalAmt |
| Management And General | $14,447 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,504 | TotalAmt |
| Management And General | $5,504 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,690 | TotalAmt |
| Management And General | $14,690 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,016 | TotalAmt |
| Management And General | $18,016 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OTHER EXPENSES | $319,340 | $281,003 | $38,337 | |
| FUNDRAISING | $14,654 | $14,654 | ||
| EQUIPMENT AND FURNISHING | $8,213 | $8,213 | ||
| SCHOLARSHIP CELEBRATION | $4,244 | $4,244 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,868 | TotalAmt |
| Management And General | $17,868 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,027,186 | TotalAmt |
| Program Services | $6,016,188 | ProgramServicesAmt |
| Management And General | $996,344 | ManagementAndGeneralAmt |
| Fundraising | $14,654 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,862,481 | BOYAmt |
| EOY | $2,510,477 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,956,724 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $21,769 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,701,574 | BOYAmt |
| EOY | $2,934,955 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,443,323 | BOYAmt |
| EOY | $61,284,216 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,508,896 | BOYAmt |
| EOY | $7,540,578 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,516,274 | BOYAmt |
| EOY | $74,270,226 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,566 | BOYAmt |
| EOY | $1,467,790 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,257,186 | BOYAmt |
| EOY | $4,984,474 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,258,752 | BOYAmt |
| EOY | $6,452,264 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,564,958 | BOYAmt |
| EOY | $974,819 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,734,907 | BOYAmt |
| EOY | $2,715,639 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,957,657 | BOYAmt |
| EOY | $64,127,504 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,257,522 | BOYAmt |
| EOY | $67,817,962 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,516,274 | BOYAmt |
| EOY | $74,270,226 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,927,842 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$5,121,021 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$246,381 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,647,504 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,869,603 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,367,192 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,390,215 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,843,021 | CurrentTaxYearAmt |
| Total | $43,117,535 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,647,504 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,869,603 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,367,192 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,390,215 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,843,021 | CurrentTaxYearAmt |
| Total | $43,117,535 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,973,786 | SubstantialContributorsTotAmt |
| Public Support Total170 | $39,143,749 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,380,912 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,434,925 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,506,790 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,707,216 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,186,450 | CurrentTaxYearAmt |
| Total | $8,216,293 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $5,962 | CurrentTaxYearAmt |
| Total | $5,962 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $51,339,790 | TotalSupportAmt |
| Gross Receipts Rltd Activities | -$81,405 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.76240 | PublicSupportCY170Pct |
| Public Support PY170 | 0.74650 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $71,257,522 | BeginningYearBalanceAmt |
| Contributions | $6,856,387 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,512,237 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,735,185 | GrantsOrScholarshipsAmt |
| Other Expenditures | $302,061 | OtherExpendituresAmt |
| Administrative Expenses | $746,464 | AdministrativeExpensesAmt |
| End Year Balance | $67,817,962 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $57,678,227 | BeginningYearBalanceAmt |
| Contributions | $11,390,215 | ContributionsAmt |
| Investment Earnings Or Losses | $8,893,522 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,327,809 | GrantsOrScholarshipsAmt |
| Other Expenditures | $470,514 | OtherExpendituresAmt |
| Administrative Expenses | $906,119 | AdministrativeExpensesAmt |
| End Year Balance | $71,257,522 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,264,962 | BeginningYearBalanceAmt |
| Contributions | $11,367,192 | ContributionsAmt |
| Investment Earnings Or Losses | $4,286,400 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,332,401 | GrantsOrScholarshipsAmt |
| Other Expenditures | $96,045 | OtherExpendituresAmt |
| Administrative Expenses | $811,881 | AdministrativeExpensesAmt |
| End Year Balance | $57,678,227 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $49,615,892 | BeginningYearBalanceAmt |
| Contributions | $4,869,603 | ContributionsAmt |
| Investment Earnings Or Losses | -$281,026 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,085,576 | GrantsOrScholarshipsAmt |
| Other Expenditures | $125,923 | OtherExpendituresAmt |
| Administrative Expenses | $728,008 | AdministrativeExpensesAmt |
| End Year Balance | $48,264,962 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $43,649,558 | BeginningYearBalanceAmt |
| Contributions | $8,647,504 | ContributionsAmt |
| Investment Earnings Or Losses | $3,331,653 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,017,204 | GrantsOrScholarshipsAmt |
| Other Expenditures | $274,437 | OtherExpendituresAmt |
| Administrative Expenses | $721,182 | AdministrativeExpensesAmt |
| End Year Balance | $49,615,892 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01440 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.94560 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.04000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,549,714 | InvestmentCostOrOtherBasisAmt |
| Book Value | $1,549,714 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,407,010 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,769 | DepreciationAmt |
| Book Value | $1,385,241 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,934,955 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BENEFICIAL INTEREST-3RD PARTY TRUST | $4,991,229 |
| ASSETS HELD FOR OTHERS | $2,481,929 |
| INTEREST & DIVIDENDS RECEIVABLE | $67,420 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $7,540,578 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE ADV & GIFT ANNUITY LIAB | $2,502,545 |
| LIABILITY FOR ASSETS HELD FOR OTHERS | $2,481,929 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,984,474 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,344,150 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$5,121,021 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$239,977 | OtherRevenueAmt |
| Revenue Not Reported | -$5,360,998 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,705,148 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $249,880 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $249,880 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,955,028 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,783,710 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $6,783,710 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $249,880 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$6,404 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $243,476 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,027,186 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE FOUNDATION INTENDS TO USE ITS ENDOWMENT FUNDS TO PROVIDE SCHOLARSHIP ASSISTANCE TO STUDENTS ATTENDING WESTERN KENTUCKY UNIVERSITY. |
| SCHEDULE D, PAGE 3, PART X | WHEN APPLICABLE, THE FOUNDATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING A "MORE-LIKLEY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO SUCH UNCERTAIN TAX POSITIONS HAVE BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION'S 2015 THROUGH 2018 TAX YEARS REMAIN OPEN AND SUBJECT TO EXAMINATION. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -246,381 CHF GOLF CLASSIC EXPENSES 6,404 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | CHF GOLF CLASSIC EXPENSES -6,404 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | STUDENT SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 3500 | RecipientCnt |
| Cash Grant | $5,735,185 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION DISBURSES SCHOLARSHIPS EACH SEMESTER DIRECTLY TO THE UNIVERSITY. THE UNIVERSITY SCHOLARSHIP COMMITTEE SELECTS THE RECIPIENT(S) OF EACH SCHOLARSHIP BASED ON THE GUIDELINES AGREED UPON WHEN EACH SCHOLARSHIP WAS CREATED. EACH YEAR, IN DETERMINING WHETHER A RETURNING STUDENT QUALIFIES FOR SCHOLARSHIP RENEWAL AND IN ORDER TO RECEIVE FULL CONSIDERATION, A SCHOLARSHIP APPLICATION MUST BE COMPLETED AND SUBMITTED BY FEBRUARY 1ST. THE SCHOLARSHIP COMMITTEE WILL ALSO REVIEW THE STUDENT'S TRANSCRIPTS TO ENSURE THE STUDENT IS IN GOOD ACADEMIC STANDING WITH THE UNIVERSITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONALD SMITH | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $170,000 | BaseCompensationFilingOrgAmt |
| Total Compensation Filing Org | $170,000 | TotalCompensationFilingOrgAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $92,812 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STOCK EXCHANGE VALUE | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $404,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PAGE 1, PART I, LINE 32B | FormAndLineReferenceDesc |
| Explanation | UPON RECEIPT OF GIFTS OF REAL ESTATE, THE FOUNDATION WILL HIRE A QUALIFIED REAL ESTATE PROFESSIONAL TO ASSIST WITH THE SALE OF EACH PROPERTY. ALSO, OCCASSIONALLY AN ENVIRONMENTAL FIRM WILL BE USED TO PERFORM EVALUATIONS OF POTENTIAL GIFTS OF REAL ESTATE TO ENSURE THERE ARE NO ENVIRONMENTAL PROBLEMS WITH THE PROPERTY. UPON RECEIPT OF PUBLICLY TRADED SECURITIES, THE SECURITIES ARE PLACED IN THE FOUNDATION'S EQUITY INVESTMENT ACCOUNT AND SOLD PROMPTLY BY THE FOUNDATION'S FINANCIAL ADVISORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS MADE AVAILABLE FOR REVIEW BY THE GOVERNING BODY AT THE FIRST QUARTERLY BOARD MEETING FOLLOWING THE FILING OF THE RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 12C | CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ON A REGULAR BASIS BY ALL DIRECTORS AND ARE REVIEWED ANNUALLY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | ALL SALARY DETERMINATIONS ARE MADE BY AN ANNUAL REVIEW OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | ALL SALARY DETERMINATIONS ARE MADE BY AN ANNUAL REVIEW OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE FOUNDATION MAKES GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AT THEIR OFFICE DURING NORMAL BUSINESS HOURS. |
| FORM 990, PART XI, LINE 9 | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -246,381 CHF GOLF CLASSIC EXPENSES 6,404 CHF GOLF CLASSIC EXPENSES -6,404 TOTAL -246,381 |
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