2018-11-09T14:15:03-06:00 2018-06-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2017-07-01 237034523 THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION NORT 9062272627 1401 PRESQUE ISLE AVE 603 COHODAS MARQUETTE MI 49855 BRAD CANALE CHIEF EXECUTIVE OFFICER 9062272627 2018-11-07 1 VICKI L VANDENBERG CPA P00100422 2695674500 2018-11-07 67.59.56.31 2018-11-07 07:13:30 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 58F74DC53CB874483B207ADF23CD6921384352E9 2017 2019-02-21 02:37:17Z BRAD CANALE 1401 PRESQUE ISLE AVE 603 COHODAS MARQUETTE MI 49855 16199437 0 X WWW.NMU.EDU/FOUNDATION X 1968 MI THE MISSION OF THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION IS TO CULTIVATE AND PROMOTE THE PRIVATE PHILANTHROPIC SUPPORT OF NORTHERN MICHIGAN UNIVERSITY'S MISSION THROUGH A COMPREHENSIVE ADVANCEMENT EFFORT. 18 17 0 50 0 0 4550676 4992170 0 0 916190 2876425 23676 2294 5490542 7870889 3125602 2535594 0 0 0 0 91000 94900 739375 1509577 1612662 4726179 4243156 764363 3627733 38537216 40778890 1571519 576679 36965697 40202211 X THE MISSION OF THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION IS TO CULTIVATE AND PROMOTE THE PRIVATE PHILANTHROPIC SUPPORT OF NORTHERN MICHIGAN UNIVERSITY'S MISSION THROUGH A COMPREHENSIVE ADVANCEMENT EFFORT. 0 0 931644 931644 SCHOLARSHIPS AND OTHER FINANCIAL AID - PROVIDING FINANCIAL ASSISTANCE TO STUDENTS, ENABLING THEM TO OBTAIN A COLLEGE EDUCATION. 694227 694227 ACADEMIC DEPARTMENTS AND PROGRAMS - PROVIDE SUPPORT TO NORTHERN MICHIGAN UNIVERSITY'S ACADEMIC DEPARTMENTS AND PROGRAMS TO INCREASE THE EDUCATIONAL OPPORTUNITIES FOR ITS STUDENTS. 384104 384104 PUBLIC RADIO - PROVIDE OPERATING FUNDS FOR NMU'S PUBLIC RADIO STATION, BENEFITING THE RESIDENTS OF THE CENTRAL PORTION OF THE UPPER PENINSULA OF MICHIGAN WHO CHOOSE TO LISTEN TO IT. 525619 525619 PUBLIC TELEVISION (351,741) - PROVIDE OPERATING FUNDS FOR NORTHERN MICHIGAN UNIVERSITY'S PUBLIC TV STATION, BENEFITING THE RESIDENTS OF THE CENTRAL PORTION OF THE UPPER PENINSULA OF MICHIGAN WHO CHOOSE TO VIEW IT. ATHLETICS (173,878) - PROVIDE SUPPORT FOR VARIOUS ATHLETIC PROGRAMS AT NORTHERN MICHIGAN UNIVERSITY, BENEFITING NMU ATHLETES, STUDENTS, AND AREA RESIDENTS. 525619 525619 2535594 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 18 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MI NV FL X BRAD CANALE 9062272695 1401 PRESQUE ISLE 603 COHODAS MARQUETTE MI 49855 MARK B PYNNONEN PRESIDENT 1.90 0.00 X X 0 0 0 JOHN F LIST VICE PRESIDENT 1.90 0.00 X X 0 0 0 KEVIN CHARLES BOYLE SECRETARY/TREASURER 1.90 0.00 X X 0 0 0 BRAD CANALE CHIEF EXECUTIVE OFFICER 40.00 0.00 X X 0 166183 82631 JANET M BALBIERZ TRUSTEE 0.60 0.00 X 0 0 0 WILLIAM W BOWERMAN TRUSTEE 0.60 0.00 X 0 0 0 JOSEPH ALLEN EVANS TRUSTEE 0.60 0.00 X 0 0 0 STEPHEN P LATUS TRUSTEE 0.60 0.00 X 0 0 0 JAMES STEWART LOMBARD TRUSTEE 0.60 0.00 X 0 0 0 MARK LOVELL TRUSTEE 0.60 0.00 X 0 0 0 RUSSELL M MAGNAGHI TRUSTEE 0.60 0.00 X 0 0 0 KATHERINE MILLER TRUSTEE 0.60 0.00 X 0 0 0 LISA MUELLER TRUSTEE 0.60 0.00 X 0 0 0 DAVID ROSS NERENZ TRUSTEE 0.60 0.00 X 0 0 0 CURT TUCKER TRUSTEE 0.60 0.00 X 0 0 0 THOMAS DARVAY UNGRODT TRUSTEE 0.60 0.00 X 0 0 0 CAROLE LEE WELTE TRUSTEE 0.60 0.00 X 0 0 0 JAMES CARL WELTE TRUSTEE 0.60 0.00 X 0 0 0 JAMES DAVIS TRUSTEE - PART YEAR 0.60 0.00 X 0 0 0 JOHN HEBERT TRUSTEE - PART YEAR 0.60 0.00 X 0 0 0 JAMES JOHNSON TRUSTEE - PART YEAR 0.60 0.00 X 0 0 0 0 166183 82631 0 0 1 0 RUFFALO NOEL LEVITZ 65 KIRKWOOD N RD CEDAR RAPIDS IA 52404 PROFESSIONAL FUNDRAISER 116283 1 35378 640834 4315958 210869 4992170 1034563 1034563 10138244 8296382 1841862 1841862 1841862 26400 35378 32166 -5766 -5766 MISCELLANEOUS REVENUE 900099 8060 8060 8060 7870889 0 0 2878719 2535594 2535594 3720 3720 93258 93258 94900 94900 68279 68279 187524 130434 57090 5622 4673 949 33214 18682 14532 3815 2278 1537 45931 25616 20315 600 525 75 25943 25943 2995 2995 MANAGEMENT/LABOR EXPENS 1063078 530575 532503 SOFTWARE MAINTENANCE 61876 46401 15475 BANK FEES 8437 8437 GUEST EXPENSES 8370 6371 1999 4243156 2535594 968187 739375 1106311 606635 709 0 1342075 1260703 1683815 1670400 51054 18619 1784356 293433 1502321 1490923 26186420 33013651 6664511 2717959 38537216 40778890 1350337 37000 221182 539679 1571519 576679 X 5623070 7073673 27343069 29143681 3999558 3984857 36965697 40202211 38537216 40778890 X 3627733 -419078 27859 X X 0 1 X 1 0 X 4055976 4970271 3192565 4550676 4992170 21761658 2562 97933 204707 289632 190632 785466 4058538 5068204 3397272 4840308 5182802 22547124 3372348 19174776 685544 1026236 1000642 765305 1034563 4512290 245140 132952 102800 48789 34460 564141 27623555 0.69410 0.70930 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING - 2013 AMOUNT: $ 14,625. 2014 AMOUNT: $ 22,511. 2015 AMOUNT: $ 27,097. 2016 AMOUNT: $ 16,830. 2017 AMOUNT: $ 26,400. MISCELLANEOUS - 2013 AMOUNT: $ 230,515. 2014 AMOUNT: $ 110,441. 2015 AMOUNT: $ 75,703. 2016 AMOUNT: $ 31,959. 2017 AMOUNT: $ 8,060. 27698131 1323188 1395335 1036320 29380334 23665195 1952079 2341940 1072806 -811723 27698131 24619243 1173948 -1114738 1013258 23665195 24344136 1426479 -402832 748560 -20 24619243 21684999 923439 3023094 790396 497000 24344136 0.13560 0.86440 1 0 828350 828350 429277 95785 333492 379195 66581 312614 146739 130272 16467 795 795 0 1490923 VANGUARD FTSE DEVELOPED MKTS (VEA) 2717959 C 2717959 ANNUITIES PAYABLE 190593 DUE TO NORTHERN MICHIGAN UNIVERSITY 349086 539679 7635676 -419078 190632 -38933 -267379 7903055 -32166 -32166 7870889 4399162 190632 33653 224285 4174877 68279 68279 4243156 PART V, LINE 4: TO CULTIVATE AND PROMOTE THE PRIVATE PHILANTHROPIC SUPPORT OF NORTHERN MICHIGAN UNIVERSITY'S MISSION THROUGH A COMPREHENSIVE ADVANCEMENT EFFORT. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES -68,279. CHANGE IN CASH SURRENDER VALUE 29,346. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -32,166. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 32,166. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 1,487. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 68,279. X X X X X 1 RUFFALO NOEL LEVITZ 65 KIRKWOOD N RD CEDAR RAPIDS IA 52404 PHONE SOLICITATION 0 160387 94900 65487 160387 94900 65487 MI FL NV MAIN EVENT 15363 6090 9273 3690 877 BLUEBERRY CLASSIC 14640 11648 2992 5177 3788 458 4 31775 17640 14135 9074 7502 1600 61778 35378 26400 14251 14980 2935 32166 -5766 1 NORTHERN MICHIGAN UNIVERSITY 1401 PRESQUE ISLE AVE MARQUETTE MI 49855 386029206 115 351741 PUBLIC TELEVISION NORTHERN MICHIGAN UNIVERSITY 1401 PRESQUE ISLE AVE MARQUETTE MI 49855 386029206 115 384104 PUBLIC RADIO NORTHERN MICHIGAN UNIVERSITY 1401 PRESQUE ISLE AVE MARQUETTE MI 49855 386029206 115 173878 ATHLETIC PROGRAMS NORTHERN MICHIGAN UNIVERSITY 1401 PRESQUE ISLE AVE MARQUETTE MI 49855 386029206 115 931644 SCHOLARSHIPS NORTHERN MICHIGAN UNIVERSITY 1401 PRESQUE ISLE AVE MARQUETTE MI 49855 386029206 115 694227 OTHER DEPARTMENTS AND PROGRAMS 1 0 PART I, LINE 2: ASSISTANCE TO SUPPORT NORTHERN MICHIGAN UNIVERSITY IS MADE BASED ON WRITTEN REQUESTS FROM THE UNIVERSITY THAT DOCUMENT THE PURPOSE AND USE OF THE FUNDS REQUESTED. 0 0 0 0 0 0 0 0 0 BRAD CANALE CHIEF EXECUTIVE OFFICER 0 166183 0 0 0 0 0 20773 0 61858 0 248814 0 0 PART I, LINE 3 NORTHERN MICHIGAN UNIVERSITY USES THE CUPA DATA COMPENSATION SURVEY TO ESTABLISH COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER. X 25 197108 FAIR MARKET VALUE X AUCTION ITEMS 97 13761 FAIR MARKET VALUE 0 1 1 PART I, COLUMN (B): THE FOUNDATION REPORTS THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: THE FOUNDATION USES APPROPRIATE SPECIALISTS TO SELL NONCASH CONTRIBUTIONS (E.G. BROKERS TO SELL STOCKS) FORM 990, PART VI, SECTION A, LINE 2 JAMES AND CAROLE WELTE ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE INDEPENDENT AUDITOR, CEO OF THE FOUNDATION, DIRECTOR OF PROSPECT/ADVANCEMENT DATABASE MANAGEMENT, NMU CONTROLLER, AND THE GOVERNING BOARD MEMBERS ON THE INVESTMENTS, FINANCE & AUDIT COMMITTEE, WHICH IS CHAIRED BY THE BOARD TREASURER, AND INCLUDES THE BOARD PRESIDENT PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE EMPLOYEES FOLLOW THE CONFLICT OF INTEREST AND DISCLOSURE POLICY ESTABLISHED BY NORTHERN MICHIGAN UNIVERSITY, WHICH REQUIRES ANNUAL DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THE GOVERNING BOARD SIGNS A CODE OF CONDUCT STATEMENT THAT IN PART REQUIRES THE BOARD MEMBER TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. IF A POTENTIAL CONFLICT OF INTEREST IS DISCLOSED, THE REMAINING TRUSTEES OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. ANY TRUSTEE WITH A CONFLICT OF INTEREST SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ALL FOUNDATION STAFF ARE EMPLOYEES OF NORTHERN MICHIGAN UNIVERSITY (NMU) AND FOLLOW THE ESTABLISHED COMPENSATION POLICIES AND PROCEDURES OF NMU. NMU IS COMMITTED TO FAIR AND EQUITABLE COMPENSATION PRACTICES FOR ALL ITS EMPLOYEES TO ENSURE A FAIR AND EQUITABLE COMPENSATION PROGRAM IS MAINTAINED. IT IS NMU'S POLICY THAT ALL COMPENSATION DETERMINATION WILL BE BASED ON CRITERIA AS STATED IN THE NMU COMPENSATION PLAN. NMU IS COMMITTED TO IMPLEMENTING AND MAINTAINING A FAIR AND EQUITABLE COMPENSATION PROGRAM THAT COMPLIMENTS THE REQUIRED DUTIES OF EACH POSITION AS WELL AS PERFORMANCE OF INDIVIDUAL WITHIN EACH POSITION. THE HUMAN RESOURCE DEPARTMENT HAS BEEN DESIGNATED THE PLAN ADMINISTRATOR. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAINTAINS ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS IN ITS OFFICE AND THEY ARE AVAILABLE DURING REGULAR BUSINESS HOURS. THE PUBLIC IS INVITED TO VIEW FINANCIAL INFORMATION THAT IS SHARED ON THE WEBSITE AND MADE AVAILABLE IN THE OFFICE. DOCUMENTATION IS ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,487. CHANGE IN CASH SURRENDER VALUE 29,346. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NORTHERN MICHIGAN UNIVERSITY 1401 PRESQUE ISLE MARQUETTE MI 49855 386029206 EDUCATION MI 115 N/A N/A 0 0 1 1 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 1