2017-05-16T08:22:26-05:00 2016-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2015-07-01 486088461 EMPORIA STATE UNIVERSITY FOUNDATION % LORINDA DUNCAN EMPO 6203415440 1500 HIGHLAND STREET EMPORIA KS 66801 LORINDA DUNCAN CFO 6203415440 2017-05-15 true Gregory M Sullivan P01259107 8162216300 2015 2021-01-29 14:40:06Z LORINDA DUNCAN 1500 HIGHLAND STREET EMPORIA KS 66801 22330314 false X WWW.EMPORIA.EDU/SAF X 1952 KS INSPIRING PHILANTHROPY TO CHANGE LIVES AT EMPORIA STATE UNIVERSITY. 13 13 82 56 0 -26711 10385542 9144880 0 0 2673289 2817159 1946406 1497854 15005237 13459893 6709462 6723705 0 0 1927664 1713891 111182 80000 1236438 1037855 899014 9786163 9416610 5219074 4043283 100509361 99686793 2421212 1702645 98088149 97984148 RAISING AND MANAGING PHILANTHROPIC RESOURCES TO ADVANCE THE MISSION OF EMPORIA STATE UNIVERSITY. false false 6673705 6673705 SCHOLARSHIPS, GRANTS AND PAYMENTS TO EMPORIA STATE UNIVERSITY FOR GROWTH AND DEVELOPMENT OF CAMPUS AND ACADEMIC ACTIVITIES. 142491 VARIOUS RELATED EXPENSES INCURRED IN THE OPERATION OF THE FOUNDATION PROGRAM TO PROVIDE SCHOLARSHIPS AND PROMOTE THE GROWTH OF EMPORIA STATE UNIVERSITY. 6816196 true true false false false true false true false true true true false true true false true false false false true false false true true false false true true false false false false false false false false false true false false false false true false false false true 37 0 true 82 true true true false false false false true true false false false false false false false X 13 13 false false false false false true false true true false false false true true true true true true false false X LORINDA DUNCAN 6203415440 1500 HIGHLAND STREET EMPORIA KS 66801 STEVE WILLIAMS EXECUTIVE MEMBER, CHAIR 1.0 0.0 X X 0 0 0 BETH PALADINO EXECUTIVE MEMBER, VICE CHAIR 1.0 0.0 X X 0 0 0 KIM PENNER EXECUTIVE MEMBER, PAST CHAIR 1.0 0.0 X X 0 0 0 MYRL COBB EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 SKIP EVANS EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 RUSS EVERHART EXECUTIVE MEMBER, 2ND VICE CHA 1.0 0.0 X X 0 0 0 JERRY HERBERT EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 TERESA MARKOWITZ EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 TERESA MARTIN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 KIM PEMBER EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 MARK SCHREIBER EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 DERYL WYNN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 KURT STEINKUHLER EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 JANET SCHALANSKY EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 HARRY STEPHENS EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 DONNA BRESHEARS CORPORATE SECRETARY 40.0 0.0 X 50807 0 11395 LORINDA DUNCAN CORPORATE TREASURER 40.0 0.0 X 80123 0 20976 SHANE SHIVLEY FOUNDATION PRESIDENT 40.0 0.0 X 125994 0 19400 JENNIFER DENTON INTERIM CO-PRESIDENT FOUNDATIO 40.0 0.0 X 118019 0 19110 DENASUE POTESTIO FOUNDATION PRESIDENT 40.0 0.0 X 110022 0 16186 484965 0 87067 3 false false false 0 76579 625000 8443301 303324 9144880 0 1426121 1426121 0 14695 14695 6334 6334 0 6334 6334 10198597 8807559 1391038 1391038 1391038 57579 76579 62862 -5283 -5283 0 0 PARTNERSHIP INCOME 900099 1423873 1423873 MISCELLANEOUS INCOME 900099 58235 58235 1482108 13459893 4315013 3834210 3834210 2889495 2889495 0 0 268578 223190 45388 0 1092401 11309 402166 678926 84966 706 39041 45219 175155 1455 80482 93218 92791 771 42637 49383 0 856 856 56516 56516 0 80000 80000 118567 118567 206652 31998 68719 105935 66223 18438 47785 134275 6823 88547 38905 0 0 46167 4453 23996 17718 120238 56519 63719 0 0 0 0 113171 113171 29126 12200 1774 15152 BAD DEBT EXPENSE 4338 4338 MISCELLANEOUS EXPENSE 2885 10 2875 9416610 6816196 1363976 1236438 1485062 500520 37948 37979 6330479 7796619 5185 8696 0 0 0 0 319777 298925 0 0 45102 45102 3953563 1610779 2215728 2342784 46160294 48464617 33667558 30484277 74850 76384 0 0 10167378 9630890 100509361 99686793 1019474 354902 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1401738 1347743 2421212 1702645 X 6048725 6083744 33386700 30543755 58652724 61356649 98088149 97984148 100509361 99686793 X 4043283 -3511579 -635705 X false true X true false X 3631166 5529988 6837326 10385542 9144880 35528902 0 0 3631166 5529988 6837326 10385542 9144880 35528902 3400645 32128257 1253654 1352200 1622159 1532321 1447150 7207484 3334 2614 0 0 0 5948 779742 805488 1549858 1922464 1482108 6539660 49281994 212817 0.65193 0.62328 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5 0 55437 1071750 true true 0 75227 X X X false 70709493 3426235 -220896 1954606 595027 2533452 68831747 71903527 3030442 1300564 2056615 597827 2870598 70709493 63702678 1548231 9053527 2400909 71903527 59626773 977980 7103243 2019087 1986231 63702678 61581518 1409657 134543 1842060 272337 1384648 59626673 0.02630 0.74540 0.22830 false false 313263 313263 570677 2692488 1387967 1875198 301908 222812 79096 75227 75227 2342784 FUNDS OF HEDGE FUNDS 15955145 F PRIVATE EQUITY FUNDS 9214949 F REAL ESTATE PARTNERSHIPS 5314183 F 30484277 CSV LIFE INSURANCE 910738 BENEFICIAL INTEREST IN TRUSTS 8720152 9630890 0 ANNUITY & TRUST OBLIGATIONS 1347743 1347743 9256904 -3511579 -572843 -4084422 13341326 118567 118567 13459893 9360905 62862 62862 9298043 118567 118567 9416610 SCHEDULE D, PART III, LINE 4 PAINTINGS ARE FOR SALE WITH THE PROCEEDS GOING DIRECTLY TOWARDS SCHOLARSHIPS FOR ESU STUDENTS. THEY ARE CURRENTLY ON DISPLAY. SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS ARE HELD FOR THE BENEFIT OF EMPORIA STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS AND ASSISTANCE WITH OPERATING EXPENSES. For fiscal year ended June 30, 2014, the earnings allocation date for grants and scholarships was changed from June 30 to July 1. As a result, no amount is shown in item d. above. The earnings allocation amount on July 1, 2014 was $2,126,300. SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D CHANGE IN BENEFICIAL INTEREST OF PERPETUAL TRUST $ (597,455) FUNDRAISING EVENT EXPENSES $ 62,862 ACTUARIAL LOSS $ (38,250) ------------ $ (572,843) SCHEDULE D, PART XII, LINE 2D FUNDRAISING EVENT EXPENSES $ 62,862 true Central America and the Caribbean Investments 20754812 20754812 20754812 true false true true false false SCHEDULE F, PART I, LINE 1 PASSIVE INVESTMENT HOLDINGS ARE MONITORED ON A MONTHLY BASIS BY THE FOUNDATION'S THIRD-PARTY INVESTMENT ADVISOR CONSULTANT. THE FOUNDATION BOARD'S INVESTMENT COMMITTEE REVIEWS THE PASSIVE INVESTMENT HOLDINGS ON A QUARTERLY BASIS AND REPORTS ANY SUBSTANTIAL ACTIVITY TO THE EXECUTIVE COMMITTEE. X true Ruffalo Noel Levitz CALL CENTER false 80000 80000 AL FL KS MS NJ SC TN ATHLETIC AUCTIO 86432 55216 31216 0 31840 3662 6569 0 5253 FOOTBALL TRADIT 21647 12022 9625 0 0 680 6365 0 943 2 26079 9341 16738 0 0 4731 549 0 2270 134158 76579 57579 0 31840 9073 13483 0 8466 62862 -5283 true EMPORIA STATE UNIVERSITY 1 KELLOG CIRCLE EMPORIA KS 66801 481124839 GOVERNMENT 3059068 UNIVERSITY OPERATIONS ALUMNI ASSOCIATION OF EMPORIA STATE UNIVERS 1500 HIGHLAND STREET EMPORIA KS 66801 486115644 501(C)(3) 77980 OPERATIONAL SUPPORT EMPORIA STATE UNIVERSITY 1 KELLOG CIRCLE EMPORIA KS 66801 481124839 GOVERNMENT 616150 BOOK VALUE LAND LAND FOR RESIDENCE HALL 2 SCHOLARSHIPS 1408 2889495 SCHEDULE I, PART I, LINE 2 UNIVERSITY EXPENDITURES AND SCHOLARSHIPS ARE PROCESSED BY THE UNIVERSITY; THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THESE EXPENDITURES UPON VERIFICATION THAT THE EXPENSE/SCHOLARSHIP MEETS THE RESPECTIVE DONOR'S GIFT CRITERIA, AS DOCUMENTED. X 6094 DONOR ESTIMATE X 17 196185 FMV X 2 9633 OPINIONS OF EXPERTS X 2 1807 COST X AUCTION ITEMS 142 31335 DONOR ESTIMATE X FURNISHINGS & EQUIPMENT 3 40270 COST X MISC. GOODS 2 18000 COST false true true SCHEDULE M, PART I, LINES 1-28, COLUMN B THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS. SCHEDULE M, PART I, LINE 32B A LICENSED REAL ESTATE AGENT IS USED TO SALE DONATIONS OF REAL ESTATE. AN AUCTIONEER IS USED TO SELL THE AUCTION ITEMS. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION CHAIR MAY APPOINT UP TO THREE MEMBERS OF THE EXECUTIVE COMMITTEE FROM AMONG THE VOTING TRUSTEES, PROVIDED THAT ANY SUCH APPOINTMENT SHALL BE RATIFIED IN A REGULAR OR SPECIAL MEETING OF THE TRUSTEES AS SOON AS IS REASONABLY POSSIBLE IN ORDER TO BECOME EFFECTIVE. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE PRESIDENT OF EMPORIA STATE UNIVERSITY FOUNDATION. ANY QUESTIONS OR CONCERNS THAT THE CHIEF FINANCIAL OFFICER OR PRESIDENT HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE PRIOR TO SUBMITTING THE 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE ASKED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT. THESE ARE REVIEWED AND SIGNED BY THE PRESIDENT OF THE FOUNDATION. THERE IS A COMPLIANCE OFFICER ON THE BOARD THAT IS RESPONSIBLE FOR ADDRESSING ANY ISSUES THAT MAY ARISE THROUGHOUT THE YEAR. IF A CONFLICT ARISES IT IS INVESTIGATED IMMEDIATELY. KEY EMPLOYEES SIGN A CONFLICT OF INTEREST POLICY WITH THE UNIVERSITY. THESE ARE MONITORED THROUGH EMPORIA STATE UNIVERSITY. FORM 990, PART VI, SECTION B, LINES 15A & 15B LINE 15A: THE PRESIDENT OF THE FOUNDATION IS EVALUATED BY THE PRESIDENT OF EMPORIA STATE UNIVERSITY IN CONSULTATION WITH THE BOARD OF TRUSTEE CHAIR. THEY ASK OPINIONS FROM OTHERS THAT WORK WITH/FOR THE PRESIDENT OF THE FOUNDATION. THIS PROCESS IS DONE ON A YEARLY BASIS. THE CASE ANNUAL SALARY SURVEY FOR THE MIDWEST REGION IS USED TO DETERMINE IF SALARIES ARE WITHIN THE MEDIAN RANGE. THE PRESIDENT OF THE FOUNDATION'S SALARY IS DETERMINED BY THE PRESIDENT OF EMPORIA STATE UNIVERSITY. THE SALARY IS COMPARABLE TO OTHERS IN THE ADMINISTRATION. LINE 15B: THE PRESIDENT OF THE FOUNDATION HANDLES THE COMPENSATION REVIEW OF THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 EACH TRUSTEE GETS A COPY OF THE BY-LAWS AND THE PUBLIC CAN RECEIVE A COPY UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE ADVANCEMENT WEBSITE. THE 990 AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN BENEFICIAL INTERESTS OF PERPETUAL TRUST $ (597,455) ACTUARIAL LOSS $ (38,250) ------------- $ (635,705) WA LARKIN - ESU ENDOWMENT ASSOC INC FUND 601 MERCHANT ST EMPORIA KS 66801 486254679 TRUST KS ESU FDN TRUST 8277 261713 1.00000 true INEZ OWEN REVOCABLE TRUST PO BOX 419692 KANSAS CITY MO 64141 486293124 TRUST MO ESU FDN TRUST 59836 1336881 1.00000 true CHARLOTTE DAVIS TRUST 9400 MISSION RD PRAIRIE VILLAGE KS 66206 206869057 TRUST KS ESU FDN TRUST 15706 197292 1.00000 true MARY MORRIS TRUST 601 MERCHANT ST EMPORIA KS 66801 486254679 TRUST KS ESU FDN TRUST 0 172638 1.00000 true false false false false false false false false false false false false false false false false false false false