2017-02-13T14:46:39-06:00 2016-06-30 450250958 EIDE BAILLY LLP 1850 N CENTRAL AVE STE 400 PHOENIX AZ 850044624 990 2015-07-01 860193726 NORTHERN ARIZONA UNIVERSITY FOUNDATION NORT 9285233711 620 S KNOLES PO BOX 4094 FLAGSTAFF AZ 86011 CHERYL HEITZ CFO 9285233711 2017-02-13 1 BRENDA BLUNT P00075126 6022645844 2017-02-13 2015 2021-01-29 14:40:06Z X BETSY MENNELL 620 S KNOLES PO BOX 4094 FLAGSTAFF AZ 86011 20982255 0 X WWW.ADVANCEMENT.NAU.EDU/FOUNDATION.SHTML X 1959 AZ OUR MISSION IS TO PROMOTE THE UNIVERSITY'S MISSION, ENHANCE ITS RECOGNITION,(CONT'D ON SCHED O) AND FOSTER PRIVATE INVESTMENT IN IT BY CREATING AND NURTURING MEANINGFUL RELATIONSHIPS. 35 35 0 415 0 0 13108603 14591658 621367 601071 3688191 3445193 1496119 2228730 18914280 20866652 9108755 8319898 0 0 397970 388658 0 0 3987073 3639196 4443030 13145921 13151586 5768359 7715066 167132243 168700790 37599164 36843007 129533079 131857783 OUR MISSION IS TO PROMOTE THE UNIVERSITY'S MISSION, ENHANCE ITS RECOGNITION, AND FOSTER PRIVATE INVESTMENT IN IT BY CREATING AND NURTURING MEANINGFUL RELATIONSHIPS. 0 0 8319898 8319898 601071 THE FOUNDATION RECEIVES GIFTS AND BEQUESTS, ADMINISTERS AND INVESTS SECURITIES AND PROPERTY, AND DISBURSES PAYMENTS TO AND ON BEHALF OF THE UNIVERSITY FOR THE ADVANCEMENT OF ITS MISSION. 8319898 1 1 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 32 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 35 35 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AZ CO IL MD NJ OH NY UT CA X X CHERYL HEITZ 9285233711 PO BOX 4094 FLAGSTAFF AZ 86011 X MS LISA BACUS DIRECTOR 1.00 X 0 0 0 MR CHRISTOPHER BAVASI DIRECTOR 1.00 X 0 0 0 MR JEFFRE BEATTY DIRECTOR 1.00 X 0 0 0 MR MIKE BEATTY DIRECTOR 1.00 X 0 0 0 MR ERNEST CALDERON DIRECTOR 1.00 X 0 0 0 MR ROBERT CASSELMAN DIRECTOR 1.00 X 0 0 0 MR SCOTT COOR DIRECTOR 1.00 X 0 0 0 MS VICTORIA FIMEA DIRECTOR 1.00 X 0 0 0 MR DAVID FRANKE DIRECTOR 1.00 X 0 0 0 MR SCOTT FREE DIRECTOR 1.00 X 0 0 0 MS JEANETTE GARRETTY DIRECTOR 1.00 X 0 0 0 MR HARRY HENGL DIRECTOR 1.00 X 0 0 0 MR STEVE M JACKSON DIRECTOR 1.00 X 0 0 0 MR BRIAN KOCH DIRECTOR 1.00 X 0 0 0 MR KENNETH LOREK DIRECTOR 1.00 X 0 0 0 MR JOHN LUCKING DIRECTOR 1.00 X 0 0 0 MS BARBARA MCCLOUD DIRECTOR 1.00 X 0 0 0 MR MARC C MILLER DIRECTOR 1.00 X 0 0 0 MR ROY D MOREY DIRECTOR 1.00 X 0 0 0 MR DAVID MOSOW DIRECTOR 1.00 X 0 0 0 MS JULIE NACKARD DIRECTOR 1.00 X 0 0 0 MR ANTHONY J PLESE DIRECTOR 1.00 X 0 0 0 MS COLLEEN RAGLAND DIRECTOR 1.00 X 0 0 0 MR JAMES C SHERMAN DIRECTOR 1.00 X 0 0 0 MS SHERRI D SLAYTON DIRECTOR 1.00 X 0 0 0 MR TIM SNIDER DIRECTOR 1.00 X 0 0 0 MS KAREN STEINBRONN DIRECTOR 1.00 X 0 0 0 MR T PAUL THOMAS DIRECTOR 1.00 X 0 0 0 MS LYNN VALBUENA DIRECTOR 1.00 X 0 0 0 MR CHRISTOPHER PETROFF DIRECTOR 1.00 X 0 0 0 MS DEE ANN PALIN CHAIR 2.00 X X 0 0 0 MR JEFFREY L WILLIS VICE CHAIR 2.00 X X 0 0 0 MR DAVID P FALCK TREASURER 2.00 X X 0 0 0 MR KEITH NEWLON SECRETARY 2.00 X X 0 0 0 MR HANK PECK PAST CHAIR 2.00 X X 0 0 0 MS BETSY MENNELL PRESIDENT 20.00 X 0 0 0 MS CHERYL HEITZ CFO 40.00 X 0 0 0 0 0 0 0 0 0 0 NORTHERN ARIZONA UNIVERSITY 642 S KNOLES FLAGSTAFF AZ 86011 MANAGEMENT SERVICES 287047 1 132846 14458812 250901 14591658 SEMINARS AND EVENTS 900099 601071 601071 601071 2196121 2196121 2059132 2059132 1249072 0 1249072 1249072 1249072 226608 132846 114366 112242 112242 33679 1237 32442 32442 GIFT CLUB 900099 16094 16094 PREMIUMS 900099 8820 8820 24914 20866652 601071 0 5673923 5564272 5564272 2755626 2755626 132255 132255 154792 154792 101611 101611 14721 14721 41889 41889 81482 81482 4325 4325 10076 10076 7560 7560 39245 39245 211681 211681 10490 10490 PUBLIC RELATIONS 3987073 3987073 EBS EXPENSE 18662 18662 BANK CHARGES 15826 15826 13151586 8319898 844615 3987073 3188918 1211026 6266942 8175909 101248 104181 147411 105719 41692 41692 137512130 140181206 20021313 18986776 167132243 168700790 165514 108516 5438650 5502970 28703542 28836527 3291458 2394994 37599164 36843007 X 10842307 10055421 51941973 49178493 66748799 72623869 129533079 131857783 167132243 168700790 X 7715066 -5972675 582313 X 0 1 X 1 0 X 7661573 9595774 13280329 13108603 14591658 58237937 7661573 9595774 13280329 13108603 14591658 58237937 5310504 52927433 3010145 3368139 3904270 3882119 4255253 18419926 188 219 145801 100755 144684 391647 22108 11024 54073 16725 24914 128844 77178354 3683341 0.68580 0.68130 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PREMIUMS - 2013 AMOUNT: $ 41,196. 2014 AMOUNT: $ 2,200. 2015 AMOUNT: $ 8,820. GIFT CLUB - 2011 AMOUNT: $ 22,108. 2012 AMOUNT: $ 10,970. 2013 AMOUNT: $ 12,857. 2014 AMOUNT: $ 14,525. 2015 AMOUNT: $ 16,094. OTHER - 2012 AMOUNT: $ 54. 2013 AMOUNT: $ 20. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250 X 1 1 28704515 937448 804462 28837501 1 X 98833866 5969702 -1080221 2462494 101260853 91222138 7581312 2171304 2140886 98833866 63521363 4703654 25017666 2020545 91222138 51817313 4896740 9215960 2408650 63521363 51201399 2786582 -276921 1893747 51817313 0.09000 0.67000 0.24000 0 0 41692 41692 105719 105719 0 41692 BENEFICIAL INTEREST IN TRUSTS 3116144 CSV OF LIFE INSURANCE 5166886 EBS LICENSES 288081 CAMPUS ART COLLECTION 250 FINANCING LEASE 5598070 GOLF MEMBERSHIP 45000 ASSETS HELD UNDER SPLIT-INTEREST AGREEMENTS 4772345 18986776 SPLIT INTEREST AGREEMENTS 2394994 2394994 X 15510411 -5972675 697916 -5274759 20785170 81482 81482 20866652 13185707 115603 115603 13070104 81482 81482 13151586 PART III, LINE 4: THE ART EXHIBIT IS TO FURTHER ENHANCE THE EDUCATIONAL VALUE OF THE STUDENTS OF NORTHERN ARIZONA UNIVERSITY. OUR PURPOSE IS TO SUPPORT NORTHERN ARIZONA UNIVERSITY IN THEIR MISSION TO PROVIDE SUPERIOR EDUCATION TO THEIR STUDENTS. PART IV, LINE 2B: NORTHERN ARIZONA UNIVERSITY FOUNDATION, INC. ADMINISTERS VARIOUS FUNDS FOR NORTHERN ARIZONA UNIVERSITY. THE UNIVERSITY MAINTAINS OWNERSHIP OF THE FUNDS. PART V, LINE 4: ENDOWMENTS FUNDS ARE INTENDED TO PROVIDE LONG-TERM SUPPORT FOR NORTHERN ARIZONA UNIVERSITY. PART X, LINE 2: NAU FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN BY THE COMBINED ENTITY, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF LIFE INSURANCE 222,989. CHANGE IN SPLIT INTEREST AGREEMENTS 568,318. CHANGE IN VALUE OF PERPETUAL TRUSTS -208,994. SPECIAL EVENT AND GAMING EXPENSES 115,603. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT AND GAMING EXPENSES 115,603. WINE AND DINE 117805 26800 91005 4650 13245 16900 900 738 HRM CASINO 44024 13955 30069 749 100 216 1085 8 197625 92091 105534 28298 34902 12583 359454 132846 226608 4650 42292 51902 1116 14406 114366 112242 33679 1237 0 33679 1237 1237 32442 AZ 0 THE ORGANIZATION IS EXEMPT FROM LICENSING IN ARIZONA (ARS 13-3302) 0 1 0 0.40000 0.60000 CHERYL HEITZ PO BOX 4094 FLAGSTAFF AZ 86011 0 0 SCHEDULE G, PART III, LINE 16 THE DEPARTMENT HOSTING THE EVENT ACTS AS GAMING MANAGER AND IS RESPONSIBLE FOR ORGANIZING THE RAFFLE AND DISTRIBUTING PRIZES. 1 NORTHERN ARIZONA UNIVERSITY 600 S KNOLES DR FLAGSTAFF AZ 86011 742579628 NO. AZ UNIVERSITY 5554272 EDUCATION SUPPORT CITIZENS AGAINST SUBSTANCE ABUSE 201 E BIRCH AVE 7 FLAGSTAFF AZ 86001 860494668 501 (C) (3) 10000 COMMUNITY SUPPORT 2 0 SCHOLARSHIPS 1438 2755626 PART I, LINE 2: THE FOUNDATION AND THE UNIVERSITY HAVE WRITTEN POLICIES FOR THE DISTRIBUTION OF PROGRAM AND SCHOLARSHIP FUNDS. THE FOUNDATION EMPLOYS A PROFESSIONAL STAFF THAT REVIEWS AND APPROVES ALL EXPENDITURES. THE UNIVERSITY DEPARTMENTS RECEIVING GRANTS AND THE FOUNDATION HAVE JOINT RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS ONCE THE FUNDS HAVE BEEN TRANSFERRED TO THE DEPARTMENTS. X 4 562 DONOR STATED VALUE X 150 DONOR STATED VALUE X 21 137216 STOCK QUOTE X 1 10068 DONOR STATED VALUE X GIFT CARDS 212 39054 FACE VALUE X FOOD 28 36961 DONOR STATED VALUE X OTHER 40 26890 DONOR STATED VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBERS IN COLUMN B ARE THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 JEFFRE BEATTY AND MIKE BEATTY HAVE A FAMILIAL RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION HAS A MANAGEMENT AGREEMENT WITH NORTHERN ARIZONA UNIVERSITY (NAU) FOR MANAGEMENT SERVICES PROVIDED BY ITS EMPLOYEES. THE FOUNDATION REIMBURSES NAU FOR THESE SALARIES AND BENEFITS WHICH ARE INCLUDED ON FORM 990 PART IX LINES 5 & 7. THE COMPENSATION OF BETSY MENNEL, THE TOP MANAGEMENT OFFICIAL OF THE FOUNDATION, FOR CALENDAR YEAR 2015 WAS $89,449. THIS AMOUNT WAS COMPRISED OF BASE COMPENSATION OF $80,022, DEFERRED COMPENSATION OF $5,668 AND NONTAXABLE BENEFITS OF $3,750. THE COMPENSATION FOR CHERY HEITZ, THE TOP FINANCIAL OFFICIAL OF THE FOUNDATION, FOR CALENDAR YEAR 2015 WAS $151,325. THIS AMOUNT WAS COMPRISED OF BASE COMPENSATION OF $128,533, DEFERRED COMPENSATION OF $9,186 AND NONTAXABLE BENEFITS OF $13,606. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE DRAFT FORM 990 WILL BE GIVEN TO THE AUDIT COMMITTEE FOR REVIEW. UPON APPROVAL FROM THE AUDIT COMMITTEE, THE DRAFT WILL BE GIVEN TO THE BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY GOVERNS CERTAIN CONFLICT OF INTEREST TRANSACTIONS BETWEEN THE CORPORATION AND DIRECTORS (AND THEIR RELATIVES), OFFICERS AND THEIR AFFILIATES. THE POLICY IS REDISTRIBUTED ANNUALLY, ALONG WITH A VENDOR LIST, FOR CONFIRMATION OF ANY POSSIBLE CONFLICTS OF INTEREST THAT MAY HAVE BECOME A RISK. IF THERE IS ANY RISK, IT IS ADDRESSED AT THAT TIME. ON AN ONGOING BASIS, IF ANY CONFLICT OF INTEREST IS RECOGNIZED, IT IS INVESTIGATED AND DEALT WITH ACCORDINGLY THROUGH ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 15 ALL OF THE FOUNDATION'S EMPLOYEES ARE COMPENSATED BY NORTHERN ARIZONA UNIVERSITY, AN UNRELATED ORGANIZATION, FOR MANAGEMENT SERVICES PROVIDED TO THE FOUNDATION. THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THESE SERVICES. THESE SALARIES AND BENEFITS ARE INCLUDED ON FORM 990, PART IX, LINES 5 AND 7. FORM 990, PART VI, SECTION C, LINE 19 THE ARTICLES OF INCORPORATION , BY-LAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND BY REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS 568,318. CHANGE IN VALUE OF PERPETUAL TRUSTS -208,994. CHANGE IN VALUE OF LIFE INSURANCE 222,989. 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