2017-10-30T11:58:02-04:00 2017-06-30 520783935 SMITH ELLIOTT KEARNS & COMPANY LLC 480 N POTOMAC ST HAGERSTOWN MD 21740 990 2016-07-01 556020064 SHEPHERD UNIVERSITY FOUNDATION INC SHEP 3048765391 PO BOX 5000 SHEPHERDSTOWN WV 25443 MONICA W LINGENFELTER EXECUTIVE VICE PRES. 3048765391 2017-10-23 true WILLIAM F FRITTS II CPA P00003567 3017335020 2017-10-23 081E2B4EA748E9805374A5A2B93D29B44116E905 D5D70B8B0EFB409D4D4AE5283BD76078BF919D50 2016 2018-03-14 21:41:22Z MONICA W LINGENFELTER 8344773 false X WWW.SHEPHERD.EDU/FNDTNWEB/ X 1961 WV PROVIDE SCHOLARSHIPS AND AWARDS FOR STUDENTS ATTENDING SHEPHERD UNIVERSITY, SHEPHERDSTOWN, WV. 30 30 6 115 0 1821615 3461944 0 -474245 472380 -1278 -806 1346092 3933518 1585938 1864385 0 385188 401661 0 0 255192 221393 2226318 2487439 -880226 1446079 27337803 30083307 1753181 1288439 25584622 28794868 PROVIDE SCHOLARSHIPS AND AWARDS FOR STUDENTS ATTENDING SHEPHERD UNIVERSITY, SHEPHERDSTOWN, WV AND PROVIDE ASSISTANCE AND SUPPORT FOR FACULTY, FACILITIES AND PROGRAMS OF THE UNIVERSITY. false false 1757190 1757190 SCHOLARSHIPS & AWARDS - SHEPHERD UNIVERSITY STUDENTS 107195 107195 GENERAL UNIVERSITY SUPPORT 1864385 true true false false false false false false true true true false false false true true true false false false false false false false true false false true true false false false false false false false false false true false false false false true false false false true 28 0 true 6 false false false false false false false false false false false false false X 30 30 false false false false false false false true true false false true true true true true true true false false X X X MONICA W LINGENFELTER 3048765397 SHEPHERD UNIVERSITY SHEPHERDSTOWN WV 25443 MONICA W LINGENFELTER EXECUTIVE VI 40.00 0.20 X X 138682 0 8439 MICHAEL A SMITH PRESIDENT 5.00 0.20 X X 0 0 0 CHRISTOPHER S COLBERT VICE PRESIDE 3.00 0.20 X X 0 0 0 ALLENL LUECK SECRETARY 1.00 0.20 X X 0 0 0 JULIA M CONNELL TREASURER 1.00 0.20 X X 0 0 0 GINA M WALTERS DIRECTOR 1.00 X 0 0 0 J DAVID RICKARD DIRECTOR 1.00 X 0 0 0 MARY ELIZABETH OATES DIRECTOR 1.00 X 0 0 0 W GREGORY SNELLINGS DIRECTOR 1.00 X 0 0 0 TONY W PRICE DIRECTOR 1.00 X 0 0 0 DR HEIDI M HANRAHAN DIRECTOR 1.00 X 0 0 0 KARL L WOLF DIRECTOR 1.00 0.20 X 0 0 0 TIMOTHY MCSHEA DIRECTOR 1.00 X 0 0 0 BRIAN K JACKSON DIRECTOR 1.00 X 0 0 0 JOHN F BEATTY DIRECTOR 1.00 X 0 0 0 STEPHEN G SKINNER DIRECTOR 1.00 X 0 0 0 ROBERT H CHUEY II DIRECTOR 1.00 X 0 0 0 KENNETH E HARBAUGH DIRECTOR 1.00 X 0 0 0 ANDREW D MICHAEL DIRECTOR 1.00 X 0 0 0 ROBERT H JENSENIUS DIRECTOR 1.00 X 0 0 0 KENNETH J BOONE DIRECTOR 1.00 X 0 0 0 WILLIAM E KNODE JR DIRECTOR 1.00 X 0 0 0 DR JASON BEST DIRECTOR 1.00 0.20 X 0 0 0 ERIC J LEWIS DIRECTOR 1.00 X 0 0 0 DR DAVID B WING DIRECTOR 1.00 X 0 0 0 ELIZABETH S LOWE DIRECTOR 1.00 X 0 0 0 JERRY P KERR DIRECTOR 1.00 X 0 0 0 MARY JC HENDRIX DIRECTOR-AT- 1.00 X 0 0 0 WANDA G SMITH DIRECTOR-AT- 1.00 X 0 0 0 SANDRA A SPONAUGLE DIRECTOR-AT- 1.00 X 0 0 0 CATHY NEVY COMPTROLLER 40.00 X 79940 0 4433 218622 12872 1 false false false 38823 3423121 655071 3461944 527897 527897 4334890 4390407 -55517 -55517 -55517 15687 38823 20848 -5161 -5161 MISCELANEOUS 900099 4355 4355 4355 3933518 471574 107195 107195 1757190 1757190 223062 223062 133920 133920 3493 3493 15205 15205 25981 25981 450 450 21175 21175 104369 104369 3890 3890 44890 44890 4685 4685 1819 1819 3079 3079 6283 6283 PROGRAM DEVELOPMENT 17423 17423 CHANGE IN GIFT ANNUITIES 9024 9024 DEPRECIATION - INVESTMENT 4005 4005 MISCELLANEOUS 301 301 2487439 1864385 623054 0 3018669 3774561 3198673 3584513 187 837 1582 1582 218871 101057 122896 117814 20627932 22230949 335035 352032 32829 21019 27337803 30083307 43763 3257 1574435 1163036 134983 122146 1753181 1288439 X -6727512 -5856362 7079385 8703956 25232749 25947274 25584622 28794868 27337803 30083307 1446079 1764167 X false true X true true true X 1972867 4894536 1546376 1821615 3461944 13697338 1972867 4894536 1546376 1821615 3461944 13697338 3792148 9905190 533172 501496 619380 613963 527897 2795908 1604 937 4355 6896 16500142 0.60030 0.69550 X PART II, LINE 10 MISCELLANEOUS 2,541 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 25232749 692836 21689 25947274 24537466 669535 25748 25232749 24137252 375182 25032 24537466 23268017 849076 20159 24137252 22071980 1180821 15216 23268017 false false 40000 40000 160202 87443 72759 18669 13614 5055 117814 GIFT ANNUITIES PAYABLE 122146 122146 X 5713941 1764167 22365 -6109 1780423 3933518 3933518 2503695 22365 22365 2481330 6109 6109 2487439 SCHEDULE D, PAGE 2, PART IV, LINE 2B CUSTODIAL ACCOUNTS REPRESENTING FUNDS HELD BY THE FOUNDATION ON BEHALF OF SHEPHERD UNIVERSITY AND/OR DEPARTMENTS OF THE UNIVERSITY ARE REPORTED AS CUSTODIAL LIABILITIES. THE FOUNDATION IS RESPONSIBLE FOR THE MANAGEMENT AND ADMINISTRATION OF THESE FUNDS. SCHEDULE D, PAGE 2, PART V, LINE 4 THE FOUNDATION'S ENDOWMENTS CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED TO PROVIDE INVESTMENT INCOME FOR THE FOUNDATION'S OPERATIONS. SCHEDULE D, PAGE 3, PART X THE FOUNDATION FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE FOUNDATION'S POLICY IS TO CHARGE PENALTIES AND INTEREST TO INCOME TAX EXPENSE AS INCURRED. THE FOUNDATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 2D EXPENSES NETTED WITH OTHER INCOME -6,109 SCHEDULE D, PAGE 4, PART XII, LINE 4B EXPENSES NETTED WITH OTHER INCOME 6,109 GALA EVENT 54510 38823 15687 564 13752 3200 3332 54510 38823 15687 564 13752 3200 3332 20848 -5161 false SHEPHERD UNIVERSITY 301 NORTH KING STREET SHEPHERDSTOWN WV 25443 556000799 107195 GENERAL EXPENSES SCHOLARSHIPS & AWARDS FOR 815 1757190 X 3384 ESTIMATED FMV X 64510 ESTIMATED FMV X 3 562261 FMV - NYSE X 1 16997 FMV X DINNER SPONSORS 2 540 FMV - ACTUAL COST X MISC. GOODS 2 7379 ESTIMATED FMV false false false FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED AND SIGNED BY THE EXECUTIVE VICE PRESIDENT. THE FORM 990 IS DISTRIBUTED ELECTRONICALLY TO THE EXECUTIVE AND AUDIT COMMITTEES FOR REVIEW BEFORE RETURN IS FILED. THE PUBLIC DISCLOSURE COPY IS KEPT ON FILE IN THE SHEPHERD UNIVERSITY FOUNDATION OFFICES. FORM 990, PAGE 6, PART VI, LINE 12C PRIOR TO BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A DIRECTOR OR COMMITTEE MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE CHAIR SHALL REPORT THE DISCLOSURE AT THE MEETING AND THE DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE VICE PRESIDENT'S COMPENSATION IS REVIEWED BY THE EXECUTIVE BOARD ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 18 THE ORGANIZATION MAKES THE FORMS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO POSTED ON THE GUIDESTAR.ORG WEBSITE WHICH CONTAINS NUMEROUS OTHER FORM 990 NON-PROFIT TAX RETURNS AND IS AVAILABLE FOR ANYONE IN THE PUBLIC TO VIEW. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES THE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 EXPENSES NETTED WITH OTHER INCOME -6,109 EXPENSES NETTED WITH OTHER INCOME 6,109 SHEPHERD UNIVERSITY FOUNDATION SUPPORTING ORGANIZATION PO BOX 5000 SHEPHERDSTOWN WV 25443 811054787 SUPPORT WV 501C3 12A N/A false false false false false false false false false false false false false false false false false false false false