PURDUE RESEARCH FOUNDATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- PURDUE RESEARCH FOUNDATION (EIN 35-1052049)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-04-20
- IRS object ID
- 201701109349300325
- Schema version
- 2015v3.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-04-20T14:00:10-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3815 River Crossing Parkway | AddressLine1Txt |
| Address Line2 | Suite 300 Post Office Box 40977 | AddressLine2Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 462400977 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351052049 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PURDUE RESEARCH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PURD | BusinessNameControlTxt |
| Phone | 7655881061 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1281 WIN HENTSCHEL BLVD | AddressLine1Txt |
| City | WEST LAFAYETTE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 479064182 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Scott Seidle | PersonNm |
| Person Title | CFO and Treasurer | PersonTitleTxt |
| Signature | 2017-04-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN WOODHULL | PreparerPersonNm |
| PTIN | P01305268 | PTIN |
| Phone | 3175698989 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Daniel J Hasler | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1281 WIN HENTSCHEL BLVD | AddressLine1Txt |
| City | WEST LAFAYETTE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 479064182 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $304,194,946 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.prf.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1930 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | The primary mission of Purdue Research Foundation is to advance the mission of Purdue University. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 460 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$401,623 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $71,402,550 | PYContributionsGrantsAmt |
| CY Contributions Grants | $20,754,178 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $41,803,307 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $42,830,599 | CYProgramServiceRevenueAmt |
| PY Investment Income | $67,091,163 | PYInvestmentIncomeAmt |
| CY Investment Income | $61,654,697 | CYInvestmentIncomeAmt |
| PY Other Revenue | $7,591,124 | PYOtherRevenueAmt |
| CY Other Revenue | $5,508,136 | CYOtherRevenueAmt |
| PY Total Revenue | $187,888,144 | PYTotalRevenueAmt |
| CY Total Revenue | $130,747,610 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $75,053,184 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $29,572,671 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $26,647,317 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $29,315,576 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $24,972,675 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $48,105,322 | PYOtherExpensesAmt |
| CY Other Expenses | $52,989,537 | CYOtherExpensesAmt |
| PY Total Expenses | $149,805,823 | PYTotalExpensesAmt |
| CY Total Expenses | $111,877,784 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $38,082,321 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $18,869,826 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,755,186,474 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,618,189,002 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,796,793,552 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,719,969,111 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $958,392,922 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $898,219,891 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The primary mission of Purdue Research Foundation is to advance the mission of Purdue University. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $66,949,013 | ExpenseAmt |
| Grant | $29,572,671 | GrantAmt |
| Revenue | $42,830,599 | RevenueAmt |
| Desc | FUNDS WERE PROVIDED TO PURDUE UNIVERSITY FOR RESEARCH GRANTS, INTERNATIONAL TRAVEL GRANTS, AND DISTINGUISHED PROFESSOR GRANTS TO FURTHER ITS EDUCATION AND RESEARCH MISSIONS. FUNDING VIA SCHOLARSHIPS, AWARDS, DEVELOPMENT, AND ROYALTIES WAS ALSO PROVIDED TO SUPPLEMENT PURDUE UNIVERSITY. LASTLY, RENTAL INCOME WAS COLLECTED FROM TENANTS LOCATED WITHIN THE PURDUE RESEARCH PARK AS WELL AS RESIDENTIAL UNITS ON THE PURDUE UNIVERSITY CAMPUS AND SURROUNDING AREAS. PURDUE RESEARCH PARK IS THE HOME OF STATE-OF-THE-ART TECHNOLOGY BUSINESS INCUBATORS THAT HAVE A WORKING RELATIONSHIP WITH PURDUE UNIVERSITY TO PROVIDE STUDENTS WITH LEARNING AND RESEARCH OPPORTUNITIES. | Desc |
| Total Program Service Expenses | $66,949,013 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | Yes (true) | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| 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 | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | 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 | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| 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 | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 333 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 460 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| 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 | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | Yes (true) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 3 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | 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 | 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 | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Scott Seidle | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7655881061 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1281 Win Hentschel Blvd | AddressLine1Txt |
| City | West Lafayette | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 479064182 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 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 | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Mitchell E Daniels Jr | |||||||||
| Chair | 7.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| David Johnson | |||||||||
| Director (Partial Year) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Charles E Schalliol | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Carrie Kendrick | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David Adams | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Elizabeth Bechdol | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| J Timothy McGinley | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mamoon Hamid | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kelvin Pennington | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| William Elmore | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Michael Bergoff | |||||||||
| Director (Partial Year) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Julia Hipps | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Gary Lehman | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Michael Wells | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Thomas Spurgeon | |||||||||
| Director | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Lawrence Beck | |||||||||
| Director (Partial Year) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David Andrew Broecker | |||||||||
| Director (Partial Year) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Greg Deason | |||||||||
| Vice President for Research Park Development | 40.0 | 0.0 | Yes (X) | $180,679 | $0 | $42,232 | |||
| Daniel J Hasler | |||||||||
| President | 40.0 | 0.0 | Yes (X) | $335,209 | $0 | $56,110 | |||
| David Hodde | |||||||||
| Assistant Secretary | 40.0 | 0.0 | Yes (X) | $132,838 | $0 | $26,345 | |||
| Brian Edelman | |||||||||
| Chief Operating Officer | 40.0 | 0.0 | Yes (X) | $193,259 | $0 | $20,833 | |||
| Suresh Garimella | |||||||||
| Vice President of Research | 40.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Scott Seidle | |||||||||
| Treasurer | 40.0 | 0.0 | Yes (X) | $258,913 | $0 | $30,229 | |||
| Judith Hall | |||||||||
| Secretary | 40.0 | 0.0 | Yes (X) | $147,828 | $0 | $31,200 | |||
| Tammy Metzinger | |||||||||
| Assistant Treasurer (Partial Year) | 40.0 | 0.0 | Yes (X) | $74,538 | $0 | $10,887 | |||
| Amy Noah | |||||||||
| VP for Development | 40.0 | 0.0 | $260,444 | $0 | $24,191 | Yes (X) | |||
| Cheryl Altinkemer | |||||||||
| Assoc VP for Int'l Advancement | 40.0 | 0.0 | $195,014 | $0 | $22,886 | Yes (X) | |||
| Gregory Kapp | |||||||||
| Assistant VP of Development Operations | 40.0 | 0.0 | $175,930 | $0 | $23,534 | Yes (X) | |||
| Alyssa Wilcox | |||||||||
| Associate VP for Advancement | 40.0 | 0.0 | $176,562 | $0 | $20,934 | Yes (X) | |||
| Chad Pittman | |||||||||
| Vice President - OTC and Government Relations | 40.0 | 0.0 | $188,543 | $0 | $25,992 | Yes (X) | |||
| JOSEPH B HORNETT | |||||||||
| FORMER SR VP & TREASURER | 0.0 | 0.0 | $170,000 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,489,757 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $335,373 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 36 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| Albanese & Lutzke | ||||||
| 575 Hamilton St Ste 200 | Plymouth | MI | 48170 | Construction | $1,149,306 | |
| Pangere Corporation | ||||||
| 4050 W 4th Ave | Gary | IN | 46406 | Construction | $1,084,330 | |
| Shiel Sexton Company | ||||||
| 902 N Capital Ave | Indianapolis | IN | 46204 | Construction | $655,568 | |
| CSO Architects | ||||||
| PO Box 6069 | Indianpolis | IN | 46206 | Architectural | $598,457 | Dept 94 |
| Automatic Irrigation Supply Co | ||||||
| 116 Shadowlawn Dr | Fishers | IN | 46038 | Irrigation | $590,939 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 51 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| All Other Contributions | $20,754,178 | AllOtherContributionsAmt |
| Noncash Contributions | $15,753,521 | NoncashContributionsAmt |
| Total Contributions | $20,754,178 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Rental Income | 532000 | $15,133,579 | $15,133,579 |
| Administrative Services | 561000 | $27,697,020 | $27,697,020 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $42,830,599 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,187,033 | TotalRevenueColumnAmt |
| Exclusion | $18,187,033 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,121,797 | TotalRevenueColumnAmt |
| Exclusion | $4,121,797 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $211,397,000 | SecuritiesAmt |
| Other | $5,518,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $169,337,594 | SecuritiesAmt |
| Other | $4,109,742 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $42,059,406 | SecuritiesAmt |
| Other | $1,408,258 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,467,664 | TotalRevenueColumnAmt |
| Exclusion | $43,467,664 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Registration Fee Income | 900099 | $450,936 | $450,936 |
| Consulting fees | 900099 | $142,200 | $142,200 |
| Membership Dues | 900099 | $101,841 | $101,841 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $691,362 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $691,362 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,386,339 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $130,747,610 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $42,830,599 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $67,162,833 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,572,671 | TotalAmt |
| Program Services | $29,572,671 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,656,814 | TotalAmt |
| Program Services | $414,204 | ProgramServicesAmt |
| Management And General | $1,076,929 | ManagementAndGeneralAmt |
| Fundraising | $165,681 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,294,558 | TotalAmt |
| Program Services | $1,891,678 | ProgramServicesAmt |
| Management And General | $4,955,218 | ManagementAndGeneralAmt |
| Fundraising | $13,447,662 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,337,429 | TotalAmt |
| Program Services | $220,143 | ProgramServicesAmt |
| Management And General | $793,384 | ManagementAndGeneralAmt |
| Fundraising | $1,323,902 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,516,444 | TotalAmt |
| Program Services | $237,651 | ProgramServicesAmt |
| Management And General | $1,023,630 | ManagementAndGeneralAmt |
| Fundraising | $2,255,163 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,510,331 | TotalAmt |
| Program Services | $132,298 | ProgramServicesAmt |
| Management And General | $423,743 | ManagementAndGeneralAmt |
| Fundraising | $954,290 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,475,913 | TotalAmt |
| Management And General | $1,475,913 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,905 | TotalAmt |
| Management And General | $217,905 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,493,654 | TotalAmt |
| Management And General | $2,493,654 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,851,341 | TotalAmt |
| Program Services | $566,743 | ProgramServicesAmt |
| Management And General | $2,228,151 | ManagementAndGeneralAmt |
| Fundraising | $1,056,447 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,541,611 | TotalAmt |
| Program Services | $197,831 | ProgramServicesAmt |
| Management And General | $692,691 | ManagementAndGeneralAmt |
| Fundraising | $651,089 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $972,986 | TotalAmt |
| Program Services | $27,233 | ProgramServicesAmt |
| Management And General | $440,262 | ManagementAndGeneralAmt |
| Fundraising | $505,491 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $572,141 | TotalAmt |
| Program Services | $62 | ProgramServicesAmt |
| Management And General | $169,735 | ManagementAndGeneralAmt |
| Fundraising | $402,344 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,982,598 | TotalAmt |
| Program Services | $3,982,598 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,619,535 | TotalAmt |
| Program Services | $6,959,714 | ProgramServicesAmt |
| Management And General | $1,614,486 | ManagementAndGeneralAmt |
| Fundraising | $45,335 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,733,547 | TotalAmt |
| Program Services | $501,108 | ProgramServicesAmt |
| Management And General | $376,154 | ManagementAndGeneralAmt |
| Fundraising | $856,285 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,352,633 | TotalAmt |
| Program Services | $30,551 | ProgramServicesAmt |
| Management And General | $2,035,103 | ManagementAndGeneralAmt |
| Fundraising | $1,286,979 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,453,266 | TotalAmt |
| Program Services | $4,453,266 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,314,044 | TotalAmt |
| Program Services | $3,711,308 | ProgramServicesAmt |
| Management And General | $1,601,989 | ManagementAndGeneralAmt |
| Fundraising | $747 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,628 | TotalAmt |
| Program Services | $10,752 | ProgramServicesAmt |
| Management And General | $6,876 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Gift Annuity Pymts & Fees | $13,979,137 | $13,979,137 | |
| Bad Debt | $3,094,299 | $3,094,299 | |
| UBIT Tax | $413,821 | $413,821 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$3,096,522 | TotalAmt |
| Program Services | $60,065 | ProgramServicesAmt |
| Management And General | -$5,177,847 | ManagementAndGeneralAmt |
| Fundraising | $2,021,260 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,877,784 | TotalAmt |
| Program Services | $66,949,013 | ProgramServicesAmt |
| Management And General | $19,956,096 | ManagementAndGeneralAmt |
| Fundraising | $24,972,675 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,852,973 | BOYAmt |
| EOY | $10,335,084 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,975,781 | BOYAmt |
| EOY | $33,236,251 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,873,443 | BOYAmt |
| EOY | $23,265,321 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $208,683,335 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $43,111,930 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,167,189 | BOYAmt |
| EOY | $165,571,405 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,400,593,239 | BOYAmt |
| EOY | $1,306,998,561 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,098,104,139 | BOYAmt |
| EOY | $1,052,951,050 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,942,516 | BOYAmt |
| EOY | $11,763,476 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,677,194 | BOYAmt |
| EOY | $14,067,854 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,755,186,474 | BOYAmt |
| EOY | $2,618,189,002 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,042,847 | BOYAmt |
| EOY | $18,258,723 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,671,820 | BOYAmt |
| EOY | $19,384,580 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,695,000 | BOYAmt |
| EOY | $12,280,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,607,231,520 | BOYAmt |
| EOY | $1,517,709,237 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,937,754 | BOYAmt |
| EOY | $2,703,470 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,810,460 | BOYAmt |
| EOY | $96,646,562 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,404,151 | BOYAmt |
| EOY | $52,986,539 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,796,793,552 | BOYAmt |
| EOY | $1,719,969,111 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,432,922 | BOYAmt |
| EOY | $127,065,326 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $695,258,000 | BOYAmt |
| EOY | $633,375,106 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,702,000 | BOYAmt |
| EOY | $137,779,459 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $958,392,922 | BOYAmt |
| EOY | $898,219,891 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,755,186,474 | BOYAmt |
| EOY | $2,618,189,002 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $18,869,826 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$79,042,857 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | 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) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,817,939 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,792,965 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,031,256 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $71,402,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,754,178 | CurrentTaxYearAmt |
| Total | $141,798,888 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,817,939 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,792,965 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,031,256 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $71,402,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,754,178 | CurrentTaxYearAmt |
| Total | $141,798,888 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $141,798,888 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,493,583 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,157,669 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,395,889 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,948,873 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,308,930 | CurrentTaxYearAmt |
| Total | $103,304,944 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,364,700 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,830,474 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $800,445 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,531,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,386,339 | CurrentTaxYearAmt |
| Total | $8,913,508 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $254,017,340 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $136,379,280 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.5582 | PublicSupportCY170Pct |
| Public Support PY170 | 0.5681 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - OTHER INCOME, COLUMN A - 1364700.0, COLUMN B - 2830474.0, COLUMN C - 800445.0, COLUMN D - 2531550.0, COLUMN E - 1386339.0, COLUMN F - 8913508.0; | ExplanationTxt |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $14,290 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $14,290 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule C, Part II-B, Line 1 Description of the activities reported on lines 1A through 1I | Purdue Research Foundation provides funding to support lobbying the Purdue Washington office. All lobbying is to further the mission of Purdue University. |
| Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | PURDUE RESEARCH FOUNDATION PROVIDES FUNDING TO SUPPORT LOBBYING THE PURDUE WASHINGTON OFFICE. ALL LOBBYING IS TO FURTHER THE MISSION OF PURDUE UNIVERSITY. |
| Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | PURDUE RESEARCH FOUNDATION PROVIDES FUNDING TO SUPPORT LOBBYING THE PURDUE WASHINGTON OFFICE. ALL LOBBYING IS TO FURTHER THE MISSION OF PURDUE UNIVERSITY. |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Land Area | Yes (X) | HistoricLandAreaInd |
| Total Easements | 2 | TotalEasementsCnt |
| Total Acreage | 1.0 | TotalAcreageCnt |
| Historic Structure Easements | 0 | HistoricStructureEasementsCnt |
| Historic Strctr Easements Aftr | 0 | HistoricStrctrEasementsAftrCnt |
| Modified Easements | 0 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (true) | WrittenPolicyMonitoringInd |
| Expenses Incurred Enforcement | $8,239 | ExpensesIncurredEnforcementAmt |
| Section170h Rqr Stsfd | Yes (true) | Section170hRqrStsfdInd |
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $18,600 | AssetsIncludedAmt |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | decoration | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $654,944,017 | BeginningYearBalanceAmt |
| Contributions | $4,731,050 | ContributionsAmt |
| Investment Earnings Or Losses | -$32,319,821 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $16,130,532 | GrantsOrScholarshipsAmt |
| Other Expenditures | $12,051,241 | OtherExpendituresAmt |
| End Year Balance | $599,173,473 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $654,357,009 | BeginningYearBalanceAmt |
| Contributions | $8,625,077 | ContributionsAmt |
| Investment Earnings Or Losses | $20,372,317 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $15,083,292 | GrantsOrScholarshipsAmt |
| Other Expenditures | $13,327,094 | OtherExpendituresAmt |
| End Year Balance | $654,944,017 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $591,455,299 | BeginningYearBalanceAmt |
| Contributions | $4,729,943 | ContributionsAmt |
| Investment Earnings Or Losses | $88,270,606 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,724,013 | GrantsOrScholarshipsAmt |
| Other Expenditures | $15,374,826 | OtherExpendituresAmt |
| End Year Balance | $654,357,009 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $575,663,351 | BeginningYearBalanceAmt |
| Contributions | $4,378,454 | ContributionsAmt |
| Investment Earnings Or Losses | $61,153,574 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,850,082 | GrantsOrScholarshipsAmt |
| Other Expenditures | $34,889,998 | OtherExpendituresAmt |
| End Year Balance | $591,455,299 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $614,305,452 | BeginningYearBalanceAmt |
| Contributions | $2,269,222 | ContributionsAmt |
| Investment Earnings Or Losses | -$14,068,163 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $16,131,201 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,711,959 | OtherExpendituresAmt |
| End Year Balance | $575,663,351 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.2 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.8 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $65,934,290 | OtherCostOrOtherBasisAmt |
| Book Value | $65,934,290 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $125,011,277 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,597,984 | DepreciationAmt |
| Book Value | $88,413,293 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,059,320 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,592,224 | DepreciationAmt |
| Book Value | $3,467,096 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,961,428 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,921,722 | DepreciationAmt |
| Book Value | $1,039,706 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,717,020 | OtherCostOrOtherBasisAmt |
| Book Value | $6,717,020 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $165,571,405 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Real Estate | $72,172,846 | F |
| Natural Resources | $109,390,588 | F |
| Hedge Funds | $556,618,036 | F |
| Funds invested with Purdue University | $14,085,328 | F |
| OTHER ALTERNATIVE INVESTMENTS | $300,684,252 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,052,951,050 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Gift Annuity Payable | $4,377,224 |
| Due on split interest trusts | $48,609,315 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $52,986,539 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part II, Line 5 Conservation easements policy | Purdue Research Foundation has a policy in place to ensure annual monitoring of conservation easements for federal guideline compliance. |
| Schedule D, Part II, Line 9 Conservation easements financial reporting | Conservation easements are considered assets on the balance sheet. Any expenses associated with the monitoring, inspecting, and enforcing of easements are expensed in the year incurred. |
| Schedule D, Part III, Line 4 Collections of art - description of collections | Purdue Research Foundation owns a collection of antique medicine bottles. The collection was donated to Purdue Research Foundation by a physician. The collection is being held for display. |
| Schedule D, Part IV, Line 2b Explanation of escrow agreement | The Foundation acts as a custodian for certain contributions received by affiliate foundations for the benefit of Purdue University. The Foundation holds these funds as a trustee until they are expended for the University. The excess of contributions over expenditures is shown as a liability on the balance sheet. The Foundation also acts as agent to provide all necessary services for the proper administrations of the Purdue University's endowments and other investable assets. Investment assets of the University are held in agency for the University and are reflected on the balance sheet with a corresponding liability on the balance sheet. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | The endowment funds are held for the benefit of Purdue University to be used for scholarships and awards. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The Foundation is exempt from income taxes under Section 501(c)(3) of the United States Internal Revenue Code and a similar provision of state law. However, the Foundation is subject to federal income tax on any unrelated business taxable income. The Foundation is not considered to be a private foundation. Current accounting standards require the Foundation to disclose the amount of potential benefit or obligation to be realized as a result of an examination performed by a taxing authority. For the year ended June 30, 2016 and 2015, management has determined that the Foundation does not have any tax positions that result in any uncertainties regarding the possible impact on the Foundation's financial statements. The Foundation does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Foundation recognizes interest and/or penalties related to income tax matters in income tax expense. The Foundation did not have any amounts accrued for interest and penalties at June 30, 2016 and 2015. As a not-for-profit entity, the Foundation is exempt from federal and state income taxes. However, its wholly-owned subsidiary, Park LLC, is a for-profit Indiana entity subject to federal and state income taxes. Park LLC has net operating loss carry forwards of approximately $5,924 and $10,566 as of June 30, 2016 and 2015, respectively. The deferred tax assets associated with this loss have been fully offset with a valuation allowance as their realization is not considered more likely than not. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|
| Central America and the Caribbean | Investments | $578,955,000 |
| Europe (Including Iceland and Greenland) | Investments | $19,854,000 |
| North America (Canada & Mexico only) | Investments | $65,731,000 |
| East Asia and the Pacific | Investments | $3,952,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $668,492,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $668,492,000 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 ACTIVITIES PER REGION | FormAndLineReferenceDesc |
| Explanation | THE AMOUNTS REPORTED REFLECT VARIOUS FOREIGN INVESTMENTS WHICH ARE CATEGORIZED BY THE REGION AS DETERMINED BY THE DOMICILE OF EACH INVESTMENT. ALL INVESTMENTS FOR A PARTICULAR REGION HAVE BEEN AGGREGATED ACCORDINGLY. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Purdue University | |||||||
| 401 South Grant Street | West Lafayette | IN | 47906 | 356002041 | 501(C)(3) | $21,468,761 | scholarships and awards |
| Purdue University | |||||||
| 401 South Grant Street | West Lafayette | IN | 47906 | 356002041 | 501(C)(3) | $2,914,736 | scholarships-xrxl |
| Purdue University | |||||||
| 401 South Grant Street | West Lafayette | IN | 47906 | 356002041 | 501(C)(3) | $3,955,008 | research grant-xrxl |
| Purdue University | |||||||
| 401 South Grant Street | West Lafayette | IN | 47906 | 356002041 | 501(C)(3) | $50,000 | equipment grants-xrxl |
| purdue university | |||||||
| 401 south grant street | west lafayette | IN | 47906 | 356002041 | 501(c)(3) | $287,499 | distinguished professor grants |
| purdue university | |||||||
| 401 south grant street | west lafayette | IN | 47906 | 356002041 | 501(c)(3) | $416,000 | summer research grant-xrxl |
| purdue university | |||||||
| 401 south grant street | west lafayette | IN | 47906 | 356002041 | 501(c)(3) | $269,723 | special incentive research grant-xrxl |
| Purdue University | |||||||
| 401 south grant street | west lafayette | IN | 47906 | 356002041 | 501(c)(3) | $151,000 | International travel grants-xrxl |
| purdue university | |||||||
| 401 south grant street | west lafayette | IN | 47906 | 356002041 | 501(c)(3) | $35,000 | inter-disciplinary fellowship-xrxl |
| purdue university | |||||||
| 401 south grant street | west lafayette | IN | 47906 | 356002041 | 501(c)(3) | $24,944 | research grant govt industry |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | At the beginning of the tax year, Purdue University submits an approved budget for grant requests to the Purdue Research Foundation. Funds are transferred to the University on a quarterly basis according to the approved budget to be awarded by Purdue. All money granted to Purdue University is used for program activities to further education and research activities. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | 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 | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Greg Deason | ||||||||||||||
| Vice President for Research Park Development | $180,053 | $0 | $0 | $0 | $626 | $0 | $27,677 | $0 | $14,555 | $0 | $222,911 | $0 | $0 | $0 |
| Daniel J Hasler | ||||||||||||||
| President | $317,384 | $0 | $0 | $0 | $17,825 | $0 | $42,538 | $0 | $13,572 | $0 | $391,319 | $0 | $0 | $0 |
| David Hodde | ||||||||||||||
| Assistant Secretary | $130,524 | $0 | $0 | $0 | $2,314 | $0 | $20,195 | $0 | $6,150 | $0 | $159,183 | $0 | $0 | $0 |
| Brian Edelman | ||||||||||||||
| Chief Operating Officer | $192,554 | $0 | $0 | $0 | $705 | $0 | $19,255 | $0 | $1,578 | $0 | $214,092 | $0 | $0 | $0 |
| Scott Seidle | ||||||||||||||
| Treasurer | $212,287 | $0 | $45,000 | $0 | $1,626 | $0 | $21,287 | $0 | $8,942 | $0 | $289,142 | $0 | $0 | $0 |
| Judith Hall | ||||||||||||||
| Secretary | $146,655 | $0 | $0 | $0 | $1,173 | $0 | $23,150 | $0 | $8,050 | $0 | $179,028 | $0 | $0 | $0 |
| Amy Noah | ||||||||||||||
| VP for Development | $209,852 | $0 | $50,000 | $0 | $592 | $0 | $21,192 | $0 | $2,999 | $0 | $284,635 | $0 | $0 | $0 |
| Cheryl Altinkemer | ||||||||||||||
| Assoc VP for Int'l Advancement | $192,816 | $0 | $0 | $0 | $2,198 | $0 | $19,831 | $0 | $3,055 | $0 | $217,900 | $0 | $0 | $0 |
| Gregory Kapp | ||||||||||||||
| Assistant VP of Development Operations | $174,563 | $0 | $0 | $0 | $1,367 | $0 | $17,904 | $0 | $5,630 | $0 | $199,464 | $0 | $0 | $0 |
| Alyssa Wilcox | ||||||||||||||
| Associate VP for Advancement | $176,003 | $0 | $0 | $0 | $559 | $0 | $17,740 | $0 | $3,194 | $0 | $197,496 | $0 | $0 | $0 |
| Chad Pittman | ||||||||||||||
| Vice President - OTC and Government Relations | $188,256 | $0 | $0 | $0 | $287 | $0 | $19,263 | $0 | $6,729 | $0 | $214,535 | $0 | $0 | $0 |
| JOSEPH B HORNETT | ||||||||||||||
| FORMER SR VP & TREASURER | $0 | $0 | $0 | $0 | $170,000 | $0 | $0 | $0 | $0 | $0 | $170,000 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a First-class or charter travel | Purdue Research Foundation owns an airplane used by the Purdue Aviation Department for educational training. The plane is also used on occasion by the Purdue Board of Trustees and management for travel for business purposes. Purdue Research Foundation expenses associated with the airplane are excluded from taxable income for the individuals since they are used for business purposes. |
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | The President of the Foundation has a housing allowance for personal use such that the Foundation President may be close to the organization to handle any necessary business matters. Purdue Research Foundation expenses associated with the housing allowance are included as taxable income. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | Purdue Research Foundation pays country club dues for individuals that are conducting business at the club (such as donor relations), and not for any personal benefit. The amount of country club dues are evaluated for the portion of personal versus business use. The adjusted dues are then included on the earning statements for those individuals. |
| Schedule J, Part I, Line 4a Severance or change-of-control payment | joseph b. hornett received severance in the amount of $170,000 in 2015. |
| Schedule J, Part I, Line 7 Non-fixed payments | The organization's treasurer received a bonus at the discretion of the board of directors. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Indiana Finance Authority | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 351602316 | BondIssuerEIN |
| CUSIP | 4550576H7 | CUSIPNum |
| Bond Issued | 2012-06-13 | BondIssuedDt |
| Issue Price | $16,311,239 | IssuePriceAmt |
| Purpose | Refunding of 2004 and 2004B bonds | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $4,031,239 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $16,311,239 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $16,099,421 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $211,818 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2012 | SubstantialCompletionYr |
| Current Refunding | false | CurrentRefundingInd |
| Advance Refunding | Yes (true) | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 402 | ContributionCnt |
| Noncash Contributions Rpt F990 | $15,288,535 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market 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 | $261,986 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Selling cost | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Farm Equipment | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $203,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Selling cost | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | The Executive Committee shall consist of 7 members: 4 members of said committee shall be nominated by the Chair and elected annually by the Board of Directors from the membership of said Board, provided that no more than two (2) may be Group Two directors. Such members of said Committee shall serve for one year and until their successors are duly elected and qualified. The President shall be a member ex-officio of said Committee with full voting rights, and the Chair and Vice-Chair shall also be members of said Committee, with the Chair serving as the chair of said Committee. The Executive Committee has general oversight of all questions affecting the policy, property, and functions of the Foundation subject to the control and direction of the Board of Directors. During intervals between Board meetings, the Executive Committee may exercise all authority of the Board of Directors in the management of the Foundation, except as limited by the Board of Directors. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | The Form 990 will be completed annually after the audit is complete. The company's President and Chief Entrepreneurial Officer will review the Form 990 with the Assistant Vice President of Finance and also the Company's Finance and Audit Committee. After resolving any questions or updates, the Form 990 will be presented to the board members. All questions and concerns of the members of the board will be addressed by the Assistant Vice President of Finance and incorporated into the Form 990 as appropriate. After all input has been appropriately addressed, the Form 990 will be filed by the due date. |
| Form 990, Part VI, Line 12c Conflict of interest policy | A conflict of interest questionnaire is completed annually by all employees and board members. Any conflicts of interest are investigated by the human resources department. If a conflict of interest is established, human resources will establish safeguards to protect all parties involved. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The Purdue Research Foundation has a compensation committee that reviews and approves the non routine suggested salary increases for all officers. All salaries are also reviewed by the Finance/Audit committee during the course of the overall budget preparation and then sent to the full board for approval. Purdue Research Foundation uses comparability data from similar Foundations and Universities in determining the salaries for the officers. The approval of the salaries is documented in the Board of Directors minutes. This process was last undertaken in 2016. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | The Purdue Research Foundation has a compensation committee that reviews and approves the non routine suggested salary increases for all officers. All salaries are also reviewed by the Finance/Audit committee during the course of the overall budget preparation and then sent to the full board for approval. Purdue Research Foundation uses comparability data from similar Foundations and Universities in determining the salaries for the officers. The approval of the salaries is documented in the Board of Directors minutes. This process was last undertaken in 2016. |
| Form 990, Part VI, Line 19 Required documents available to the public | The governing documents and financial statements are available to the general public upon request to Purdue Research Foundation. The conflict of interest policy is not available to the public at this time. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | - Total Revenue: 691362, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 691362; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| Indiana Proteomics Consortium LLC | |||||||||
| 1281 WIN HENTSCHEL BLVD | WEST LAFAYETTE | IN | 479064182 | 431952076 | RESEARCH | DE | $1 | $259,871 | PURDUE RESEARCH FOUNDATION |
| VACCINE LLC | |||||||||
| 1281 WIN HENTSCHEL BLVD | WEST LAFAYETTE | IN | 479064182 | 351052049 | RESEARCH & EDUCATION | IN | $188 | $65,758 | PURDUE RESEARCH FOUNDATION |
| PURDUE UNIVERSITY OF CALUMET LLC | |||||||||
| 1281 WIN HENTSCHEL BLVD | WEST LAFAYETTE | IN | 479064182 | 351052049 | MANAGE TECHNOLOGY CENTER | IN | $0 | $0 | PURDUE RESEARCH FOUNDATION |
| HUBZERO FOUNDATION LLC | |||||||||
| 1281 WIN HENTSCHEL BLVD | WEST LAFAYETTE | IN | 479064182 | 351052049 | RESEARCH & EDUCATION | IN | $49,191 | $113,978 | PURDUE RESEARCH FOUNDATION |
| THE FOUNDRY INVESTMENT FUND LLC | |||||||||
| 1281 WIN HENTSCHEL BLVD | WEST LAFAYETTE | IN | 479064182 | 351052049 | CHARITABLE | IN | $163,308 | $10,347,699 | PURDUE RESEARCH FOUNDATION |
| BACK A BOILER - ISA FUND LLC | |||||||||
| 1281 WIN HENTSCHEL BLVD | WEST LAFAYETTE | IN | 479064182 | 384010443 | educational assistance | IN | $0 | $0 | PURDUE RESEARCH FOUNDATION |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOILERMAKER HEALTH INNOVATIONS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 GREENTREE DRIVE 101 | AddressLine1Txt |
| City | DOVER | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19904 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261999384 | EIN |
| Primary Activities | SUPPORT PURDUE RESEARCH FOUNDATION AND PURDUE UNIVERSITY | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3 | ExemptCodeSectionTxt |
| Public Charity Status | Type III-FI | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PURDUE RESEARCH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MCCLURE PARK LLC | ||||||||||||
| 1281 WIN HENTSCHEL BLVD | WEST LAFAYETTE | IN | 479064182 | 351078594 | PROPERTY MANAGEMENT | IN | PURDUE RESEARCH FOUNDATION | C Corporation | $9,418,531 | $16,465,763 | 1 | Yes (true) |
| QUANTION TECHNOLOGIES INC | ||||||||||||
| 1281 WIN HENTSCHEL BLVD | WEST LAFAYETTE | IN | 479064182 | 452735991 | BIOMEDICAL RESEARCH | IN | BOILERMAKER HEALTH INNOVATIONS INC | C Corporation | $0 | $0 | 1 | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (true) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| McClure Park LLc | ||
| D | $14,148,673 | cost |
| MCCLURE PARK LLC | ||
| A | $473,954 | cost |
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