POINT LOMA NAZARENE UNIVERSITY FOUNDATION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
POINT LOMA NAZARENE UNIVERSITY FOUNDATION (EIN 95-3948691)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-05-11
IRS object ID
201731319349301833
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 ReturnHeader

FieldValueIRS element (for citing)
Return2017-05-11T13:33:08-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363990892PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Capin Crouse LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13010 Saturn Street Suite 205AddressLine1Txt
CityBreaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92821ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN953948691EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Point Loma Nazarene UniversityBusinessNameLine1Txt
Business Name Line2FoundationBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPOINBusinessNameControlTxt
Phone6198492200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13900 Lomaland DriveAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92106ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGeorge R Latter JrPersonNm
Person TitleTreasurerPersonTitleTxt
Phone6198492200PhoneNum
Signature2017-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDavid C MojaPreparerPersonNm
PTINP00747006PTIN
Phone7149619300PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerScott McGuckinPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13900 Lomaland DriveAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92106ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,402,945GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.pointloma.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1965FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionSupports Point Loma Nazarene University.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,840,194PYContributionsGrantsAmt
CY Contributions Grants$1,207,781CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$2,447,855PYInvestmentIncomeAmt
CY Investment Income$2,085,396CYInvestmentIncomeAmt
PY Other Revenue-$9,167PYOtherRevenueAmt
CY Other Revenue$71,350CYOtherRevenueAmt
PY Total Revenue$8,278,882PYTotalRevenueAmt
CY Total Revenue$3,364,527CYTotalRevenueAmt
PY Grants And Similar Paid$501,035PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$886,696CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,532CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,251,183PYOtherExpensesAmt
CY Other Expenses$1,395,316CYOtherExpensesAmt
PY Total Expenses$1,752,218PYTotalExpensesAmt
CY Total Expenses$2,283,544CYTotalExpensesAmt
PY Revenues Less Expenses$6,526,664PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,080,983CYRevenuesLessExpensesAmt
Total Assets BOY$56,933,375TotalAssetsBOYAmt
Total Assets EOY$55,701,932TotalAssetsEOYAmt
Total Liabilities BOY$1,684,184TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,642,939TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$55,249,191NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$54,058,993NetAssetsOrFundBalancesEOYAmt
MissionThe primary objectives and purposes of this corporation shall be to promote major gift fundraising for Point Loma Nazarene University (PLNU) through excellence in strategic development, major donor engagement, and oversight of foundation assets.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,283,544ExpenseAmt
Grant$886,696GrantAmt
Revenue$0RevenueAmt
DescFunds raised by the PLNU Foundation are primarily used to support Point Loma Nazarene University in the form of student financial aid.Desc
Total Program Service Expenses$2,283,544TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or Procedure0WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Jim BerghermBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6198492200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13900 Lomaland DriveAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92106ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Scott McGuckin
President/Vice President (Part Year)1.001.00Yes (X)Yes (X)$0$0$0
Craig Van Hulzen
President & Board Chair (Part Year)1.001.00Yes (X)Yes (X)$0$0$0
Gary Smee
Secretary1.001.00Yes (X)Yes (X)$0$0$0
George R Latter Jr
Treasurer1.0040.00Yes (X)Yes (X)$0$181,823$32,295
Tom Battin
Board Liason1.000.00Yes (X)$0$0$0
Robert Brower
Director1.0040.00Yes (X)$0$293,381$41,055
Carolyn Downey
Director1.000.00Yes (X)$0$0$0
Daryl Nicholson
Director1.001.00Yes (X)$0$0$0
Steve Scott
Director1.001.00Yes (X)$0$0$0
Mendell Thompson
Director1.001.00Yes (X)$0$0$0
Joe Watkins
Director1.0040.00Yes (X)$0$130,521$81,492
Mike Gehart
Director1.000.00Yes (X)$0$0$0
Nate Spoelman
Director1.000.00Yes (X)$0$0$0
Gilbert Wai
Director1.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$605,725TotReportableCompRltdOrgAmt
Total Other Compensation$154,842TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Hirtle CallaghanBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 Avenue of the Americas 9th FloAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10013ZIPCd
FieldValueIRS element (for citing)
ServicesInvestment Management SvcsServicesDesc
Compensation$197,485CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,207,781AllOtherContributionsAmt
Total Contributions$1,207,781TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,011,569TotalRevenueColumnAmt
Exclusion$1,011,569ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$109,768RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$38,418RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$71,350RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$71,350TotalRevenueColumnAmt
Exclusion$71,350ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,073,827SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,073,827SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,073,827TotalRevenueColumnAmt
Exclusion$1,073,827ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,364,527TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,156,746ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$290,000TotalAmt
Program Services$290,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$596,696TotalAmt
Program Services$596,696ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,532TotalAmt
Program Services$1,532ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$197,485TotalAmt
Program Services$197,485ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,016TotalAmt
Program Services$2,016ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$88,785TotalAmt
Program Services$88,785ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,051TotalAmt
Program Services$1,051ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,930TotalAmt
Program Services$3,930ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
Other$619,428$619,428
Payments on Annuities$283,942$283,942
Investment Expenses$195,783$195,783
Equipment$2,896$2,896

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,283,544TotalAmt
Program Services$2,283,544ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,369BOYAmt
EOY$3,369EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$8,712,888LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,655,082BOYAmt
EOY$8,712,888EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$40,010,918BOYAmt
EOY$40,133,281EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,264,006BOYAmt
EOY$6,852,394EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$56,933,375BOYAmt
EOY$55,701,932EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$136,362EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,600BOYAmt
EOY$1,600EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$7,500BOYAmt
EOY$7,500EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,675,084BOYAmt
EOY$1,497,477EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,684,184BOYAmt
EOY$1,642,939EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$26,812,808BOYAmt
EOY$25,362,966EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,392,825BOYAmt
EOY$5,478,981EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$22,043,558BOYAmt
EOY$23,217,046EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$55,249,191BOYAmt
EOY$54,058,993EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$56,933,375BOYAmt
EOY$55,701,932EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,080,983ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,451,865NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$180,684OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Point Loma Nazarene UniversityBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN951644035EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$290,000SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$290,000SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$51,961,162BeginningYearBalanceAmt
Contributions$2,095,955ContributionsAmt
Investment Earnings Or Losses-$805,414InvestmentEarningsOrLossesAmt
Grants Or Scholarships$365,291GrantsOrScholarshipsAmt
Other Expenditures$1,255,513OtherExpendituresAmt
End Year Balance$51,630,899EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$47,361,554BeginningYearBalanceAmt
Contributions$5,532,141ContributionsAmt
Investment Earnings Or Losses-$211,742InvestmentEarningsOrLossesAmt
Grants Or Scholarships$396,812GrantsOrScholarshipsAmt
Administrative Expenses$323,979AdministrativeExpensesAmt
End Year Balance$51,961,162EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$39,529,525BeginningYearBalanceAmt
Contributions$4,463,810ContributionsAmt
Investment Earnings Or Losses$4,707,748InvestmentEarningsOrLossesAmt
Grants Or Scholarships$556,126GrantsOrScholarshipsAmt
Other Expenditures$449,625OtherExpendituresAmt
Administrative Expenses$386,549AdministrativeExpensesAmt
End Year Balance$47,308,783EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$35,623,245BeginningYearBalanceAmt
Contributions$2,833,451ContributionsAmt
Investment Earnings Or Losses$2,369,288InvestmentEarningsOrLossesAmt
Grants Or Scholarships$529,670GrantsOrScholarshipsAmt
Other Expenditures$669,295OtherExpendituresAmt
Administrative Expenses$97,494AdministrativeExpensesAmt
End Year Balance$39,529,525EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$34,915,208BeginningYearBalanceAmt
Contributions$831,884ContributionsAmt
Investment Earnings Or Losses$457,013InvestmentEarningsOrLossesAmt
Grants Or Scholarships$410,518GrantsOrScholarshipsAmt
Administrative Expenses$170,342AdministrativeExpensesAmt
End Year Balance$35,623,245EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.47280BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.52720PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$8,712,888InvestmentCostOrOtherBasisAmt
Book Value$8,712,888BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,712,888TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
Equity participation notes receivable$5,058,942
Other receivables$59,798
Receivable from Point Loma University$1,733,654
FieldValueIRS element (for citing)
Total Book Value Other Assets$6,852,394TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCharitable trusts & annuities payableDesc
Amt$1,497,477Amt
FieldValueIRS element (for citing)
Total Liability$1,497,477TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Line 4:Provide scholarship funds and support the general operations of the Foundation and University.
Part X, Line 2:The combined financial statement effects of a tax position taken or expected to be taken are recognized in the combined financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the combined statements of activities. As of June 30, 2016 and 2015, the University had no uncertain tax positions that qualify for recognition or disclosure in the combined financial statements. The University files information tax returns in the U.S. and California. The University is subject to income tax examinations for the current year and certain prior years based on the applicable laws and regulations.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Point Loma Nazarene UniversityBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13900 Lomaland DriveAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92016ZIPCd
FieldValueIRS element (for citing)
Recipient EIN951644035RecipientEIN
IRC Section501 (c) 3IRCSectionDesc
Cash Grant$290,000CashGrantAmt
Purpose Of GrantTo support the University.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTuition assistanceGrantTypeTxt
Recipient325RecipientCnt
Cash Grant$596,696CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationThe Foundation only grants funds to Point Loma Nazarene University, a related entity which the Foundation is a supporting organization to. The finance team overseeing the foundation's books and records also oversees the Universty's books.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
George R Latter Jr
Treasurer$0$181,025$0$600$0$198$0$14,706$0$17,850$0$214,379$0$0
Robert Brower
Director$0$288,997$0$600$0$3,784$0$21,200$0$20,147$0$334,728$0$0
Joe Watkins
Director$0$128,335$0$600$0$1,586$0$23,807$0$57,997$0$212,325$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 2Daryl Nicholson, Craig Van Hulzen and Gary Smee - business relationship.
Form 990, Part VI, Section B, line 11The form 990 is prepared by an independent CPA firm, reviewed in detail by the finance department, and then distributed to the Board of Directors for review before being filed with the IRS.
Form 990, Part VI, Section B, line 12cConflict of interest statements are completed annually by all members of the Governing Body. The University's (PLNU) audit committee serves the purpose of oversight for both the Foundation's and PLNU's financial statement audit and independent auditor selection as the Foundation and PLNU report consolidated audited financial statements.
Form 990, Part VI, Section C, line 19The Foundation's governing documents, conflict of interest policy, and financial statements are available upon request.
Form 990, Part XI, line 9:Trust and annuity actuarial gain 159,158. Present value adjustment to annuities payable 21,526.
Form 990, Part XII, Line 2c:The Foundation has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year.
990, Part VI, Section B Line 15a and 15b:The Foundation has no employees. Compensation amounts on Form 990 Part VII are from a related organization. Therefore, these questions related to approval of officer compensation are not applicable to the Foundation.
Form 990, Part IX:Employees of Point Loma Nazarene University, a related organization, perform some administrative functions for the Foundation. These employees' compensation is reported on the University's Form 990.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Point Loma Nazarene UniversityBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13900 Lomaland driveAddressLine1Txt
CitySan DiegoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92106ZIPCd
FieldValueIRS element (for citing)
EIN951644035EIN
Primary ActivitiesNonprofit Christian universityPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusSch A Line 2PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
Charitable Remainder Trust (5)
Hold assets and remit income to UniversityCAPoint Loma Nazarene University Foundation0
Pooled Income Fund (4)
Hold assets and remit income to UniversityCAPoint Loma Nazarene University Foundation0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxt
Point Loma Nazarene University
B
Point Loma Nazarene University
C
Point Loma Nazarene University
N
Point Loma Nazarene University
O

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