KENT STATE UNIVERSITY FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- KENT STATE UNIVERSITY FOUNDATION (EIN 34-6576307)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2025-11-13
- IRS object ID
- 202533179349302638
- Schema version
- 2024v5.2
- 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 | 2025-11-13T11:56:51-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 346576307 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENT STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JESSICA H VARGO | InCareOfNm |
| Business Name Control | KENT | BusinessNameControlTxt |
| Phone | 3306722222 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5190 | AddressLine1Txt |
| City | Kent | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44242 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JESSICA H VARGO | PersonNm |
| Person Title | CPA | PersonTitleTxt |
| Phone | 3306720432 | PhoneNum |
| Signature | 2025-11-13 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | VALOREE VARGO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5190 | AddressLine1Txt |
| City | Kent | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44242 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $46,046,801 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.KENT.EDU/ADVANCEMENT/KSUFOUNDATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1965 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | THE KENT STATE UNIVERSITY FOUNDATION PROVIDES LEADERSHIP, PRIVATE SECTOR FUNDING AND STEWARDSHIP OF GIFTS TO SUPPORT KENT STATE UNIVERSITY, MEET ITS NEEDS AND ACHIEVE ITS PRIORITES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 33 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 38 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $111,347 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,153,117 | PYContributionsGrantsAmt |
| CY Contributions Grants | $18,591,715 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,711,824 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,079,589 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,336,593 | PYOtherRevenueAmt |
| CY Other Revenue | $718,491 | CYOtherRevenueAmt |
| PY Total Revenue | $21,201,534 | PYTotalRevenueAmt |
| CY Total Revenue | $22,389,795 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $26,327,681 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $17,412,751 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $368,470 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,799,551 | PYOtherExpensesAmt |
| CY Other Expenses | $3,830,815 | CYOtherExpensesAmt |
| PY Total Expenses | $30,127,232 | PYTotalExpensesAmt |
| CY Total Expenses | $21,243,566 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$8,925,698 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,146,229 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $333,642,018 | TotalAssetsBOYAmt |
| Total Assets EOY | $365,185,422 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,551,331 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $25,837,046 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $309,090,687 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $339,348,376 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE KENT STATE UNIVERSITY FOUNDATION PROVIDES LEADERSHIP, PRIVATE SECTOR FUNDING AND STEWARDSHIP OF GIFTS TO SUPPORT KENT STATE UNIVERSITY, MEET ITS NEEDS AND ACHIEVE ITS PRIORITES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $17,412,751 | ExpenseAmt |
| Grant | $17,412,751 | GrantAmt |
| Desc | THE KENT STATE UNIVERSITY FOUNDATION PROVIDED GRANTS TO KENT STATE UNIVERSITY TO FURTHER THE UNIVERSITYS ACADEMIC, RESEARCH, AND PUBLIC SERVICE PROGRAMS. | Desc |
| Total Program Service Expenses | $17,412,751 | 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 |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | 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 | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | 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 With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | 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 | 48 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| 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 | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 33 | 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 | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JESSICA VARGO | PersonNm |
| Phone | 3306722222 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5190 | AddressLine1Txt |
| City | Kent | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44242 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| JESSICA VARGO | |||||||
| ASSISTANT TREASURER | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RAJ AGGARWAL - DECEASED | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| LAWRENCE ARMSTRONG | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES BAILEY | |||||||
| BOARD CHAIR ELECT | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GARY BRAHLER | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| HEATHER CERBONE | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| TODD DIACON | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| TIMOTHY EIPPERT | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| BARRY FETTERMAN | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD FRENCHIE | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CATHY HEMMING | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CANDICE HUGHES | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| GREG INNA | |||||||
| SECRETARY | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RICHARD KRUMEL | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DALE LEPPO | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| MARK LUCAS | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| STEFFANY MATTICOLA LARKINS | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SCOTT MCKINNEY | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| STEPHEN MILKOVICH | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ROB RISMAN | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT ROSS | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DIANA STRONGOSKY | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| MICHELLE THOMAS | |||||||
| BOARD CHAIR | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DANIEL WOLFE | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN ELLIOT | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PETER HOLWAY | |||||||
| IMMEDIATE PAST CHAIR | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| NORA JACOBS | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| GREGORY LONG | |||||||
| TREASURER | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| VALOREE VARGO | |||||||
| CHIEF EXECUTIVE OFFICER | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DIANE PETRELLA | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| VALERIE PATTON GEORGE | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| VIRGINIA ADDICOTT | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ROXIA BOYKIN | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| VICKI HAYWOOD DOE | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ALEXANDER EVANS | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ANDREA GAUDING | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| KENNETH GRUNLEY | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTIAN PALICH | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PWC CAPITAL HOLDINGS LP (AGILITY) | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 767 FIFTH AVE | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10153 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | OUTSOURCED CIO | ServicesDesc |
| Compensation | $120,833 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $18,591,715 | AllOtherContributionsAmt |
| Noncash Contributions | $781,729 | NoncashContributionsAmt |
| Total Contributions | $18,591,715 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,561,918 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,561,918 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,296,119 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,988,734 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$692,615 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$692,615 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$692,615 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,185,943 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,668,272 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,517,671 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,517,671 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,517,671 | RelatedOrExemptFuncIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,411,106 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,411,106 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,411,106 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,389,795 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,798,080 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,412,751 | TotalAmt |
| Program Services | $17,412,751 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,524 | TotalAmt |
| Management And General | $33,524 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,287 | TotalAmt |
| Management And General | $46,287 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,027,089 | TotalAmt |
| Management And General | $2,027,089 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $978,598 | TotalAmt |
| Management And General | $978,598 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,434 | TotalAmt |
| Management And General | $4,434 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64 | TotalAmt |
| Management And General | $64 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,565 | TotalAmt |
| Management And General | $56,565 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,304 | TotalAmt |
| Management And General | $33,175 | ManagementAndGeneralAmt |
| Fundraising | $163,129 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $247,101 | TotalAmt |
| Management And General | $41,760 | ManagementAndGeneralAmt |
| Fundraising | $205,341 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,474 | TotalAmt |
| Management And General | $15,474 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| BANK FEES | $91,378 | $91,378 |
| OTHER PROF FEES | $117,620 | $117,620 |
| PROPERTY TAXES | $10,760 | $10,760 |
| ANNUAL REPORT | $228 | $228 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,389 | TotalAmt |
| Management And General | $5,389 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,243,566 | TotalAmt |
| Program Services | $17,412,751 | ProgramServicesAmt |
| Management And General | $3,462,345 | ManagementAndGeneralAmt |
| Fundraising | $368,470 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,011,337 | BOYAmt |
| EOY | $17,294,674 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,246,610 | BOYAmt |
| EOY | $28,423,788 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,442 | BOYAmt |
| EOY | $194,859 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $319,254 | BOYAmt |
| EOY | $176,458 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $18,911,751 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,734,834 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,377,738 | BOYAmt |
| EOY | $16,176,917 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,562,972 | BOYAmt |
| EOY | $20,053,299 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $253,988,665 | BOYAmt |
| EOY | $282,865,427 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $333,642,018 | BOYAmt |
| EOY | $365,185,422 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $420,748 | BOYAmt |
| EOY | $837,165 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,130,583 | BOYAmt |
| EOY | $24,999,881 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,551,331 | BOYAmt |
| EOY | $25,837,046 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,262,004 | BOYAmt |
| EOY | $34,713,368 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $281,828,683 | BOYAmt |
| EOY | $304,635,008 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $309,090,687 | BOYAmt |
| EOY | $339,348,376 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $333,642,018 | BOYAmt |
| EOY | $365,185,422 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,146,229 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $29,306,719 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$195,259 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $16,881,344 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,167,059 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,678,407 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,153,117 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,591,715 | CurrentTaxYearAmt |
| Total | $114,471,642 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,881,344 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,167,059 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,678,407 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,153,117 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,591,715 | CurrentTaxYearAmt |
| Total | $114,471,642 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $12,897,377 | SubstantialContributorsTotAmt |
| Public Support Total170 | $101,574,265 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,332,572 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,200,576 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,741,804 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,726,770 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,561,918 | CurrentTaxYearAmt |
| Total | $7,563,640 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,129,685 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $721,904 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $282,330 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $112,347 | CurrentTaxYearAmt |
| Total | $2,246,266 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $124,281,548 | TotalSupportAmt |
| Public Support CY170 | 0.81730 | PublicSupportCY170Pct |
| Public Support PY170 | 0.83190 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $194,270,387 | BeginningYearBalanceAmt |
| Contributions | $10,206,481 | ContributionsAmt |
| Investment Earnings Or Losses | $21,421,382 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,439,204 | GrantsOrScholarshipsAmt |
| End Year Balance | $218,459,046 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $174,399,905 | BeginningYearBalanceAmt |
| Contributions | $8,347,785 | ContributionsAmt |
| Investment Earnings Or Losses | $18,372,903 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,850,206 | GrantsOrScholarshipsAmt |
| End Year Balance | $194,270,387 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $158,883,518 | BeginningYearBalanceAmt |
| Contributions | $6,380,011 | ContributionsAmt |
| Investment Earnings Or Losses | $15,632,531 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,496,155 | GrantsOrScholarshipsAmt |
| End Year Balance | $174,399,905 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $187,791,551 | BeginningYearBalanceAmt |
| Contributions | $2,682,272 | ContributionsAmt |
| Investment Earnings Or Losses | -$25,208,905 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,381,400 | GrantsOrScholarshipsAmt |
| End Year Balance | $158,883,518 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $138,113,132 | BeginningYearBalanceAmt |
| Contributions | $8,414,836 | ContributionsAmt |
| Investment Earnings Or Losses | $47,409,291 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,145,708 | GrantsOrScholarshipsAmt |
| End Year Balance | $187,791,551 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.42000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.57000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $549,121 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,883,120 | OtherCostOrOtherBasisAmt |
| Book Value | $2,432,241 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,479,510 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,734,834 | DepreciationAmt |
| Book Value | $13,744,676 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $16,176,917 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY | $55,262,844 | F |
| COMINGLED ASSET FUNDS | $205,778,478 | F |
| REAL ASSETS | $21,824,105 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $282,865,427 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| FUNDS HELD AS AGENT | $14,963,699 |
| CPAE BULDING LEASE | $7,673,304 |
| ACTUARIAL LIABILITES | $2,362,878 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $24,999,881 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $53,750,104 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $29,306,719 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $91,945 | OtherRevenueAmt |
| Revenue Not Reported | $29,398,664 | RevenueNotReportedAmt |
| Revenue Subtotal | $24,351,440 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,027,089 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$3,988,734 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$1,961,645 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $22,389,795 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $23,492,415 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $287,204 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $287,204 | ExpensesNotReportedAmt |
| Expenses Subtotal | $23,205,211 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,027,089 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$3,988,734 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$1,961,645 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $21,243,566 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part XI, Line 2d-Other revenue included on Sch D but not on 990 | CHANGE IN ACTUARIAL LIABILITIES $-195,259GIFTS IN KIND $287,204 |
| Part XI, Line 4b-Other revenue not included on Sch D but on 990 | HOTEL RENTAL EXPENSES |
| Part XII, Line 2d-Other expenses included on Sch D but not on 990 | GIFTS IN KIND |
| Part XII, Line 4b-Other expenses not included on Sch D but on 990 | HOTEL RENTAL EXPENSES |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENT STATE UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5190 | AddressLine1Txt |
| City | Kent | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44242 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 316402079 | RecipientEIN |
| IRC Section | 115a | IRCSectionDesc |
| Cash Grant | $17,412,751 | CashGrantAmt |
| Purpose Of Grant | PROGRAM SUPPORT | PurposeOfGrantTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Monitoring procedures (Part I, line 2) | FormAndLineReferenceDesc |
| Explanation | THE KENT STATE UNIVERSTIY FOUNDATION REFERS TO DONORS MOU TO ENSURE MONIES ARE USED PROPERLY. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 41 | ContributionCnt |
| Noncash Contributions Rpt F990 | $781,729 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | HIGH LOW AVERAGE | 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 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990 governing body review Part VI line 11 | A COMPLETE COPY OF FORM 990 WAS SENT ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW BEFORE IT WAS FILED WITH THE IRS. |
| Conflict of interest policy compliance Part VI line 12c | ANNUALLY, BOARD MEMBERS OF THE KENT STATE UNIVERSITY FOUNDATION MUST REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY CONFLICTS AND ACKNOWLEDGE THIS BY SIGNING A LETTER STATING ADHERENCE TO THE POLICY. MEMBERS WHO HAVE A CONFLICT OF INTERST WITH A PROPOSED TRANSACTION MUST EXCUSE THEMSELVES FROM DISCUSSION OF, AND VOTING ON, THE TRANSACTION. |
| Governing documents etc available to public Part VI line 19 | THE KENT STATE UNIVERSITY FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALL REQUESTS NEED TO BE IN WRITING AND DELIVERED BY HAND, US MAIL, OR EMAIL. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | 1. CHANGE IN ACTUARIAL LIABILITY $-195,259 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOWNTOWN KENT HOTEL LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 S LINCOLN ST | AddressLine1Txt |
| City | Kent | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44242 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454165843 | EIN |
| Primary Activities | HOTEL AND CONFERENCE CENTER | PrimaryActivitiesTxt |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Total Income | $3,296,119 | TotalIncomeAmt |
| End Of Year Assets | $10,907,275 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENT STATE UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
Comments