2016-02-12T09:15:41-07:00 2015-06-30 990 2014-07-01 237042320 University of Southern Indiana Foundation Inc UNIV 8124641849 8600 University Boulevard Evansville IN 47712 Mary Hupfer Foundation Fiscal Officer 8124641849 2016-02-12 2014 2016-08-17 19:52:53Z David A Bower 8600 University Boulevard Evansville IN 47712 32204835 0 X www.usi.edu X 1969 IN The USI Foundation's mission is to attract, acquire, and manage donors' charitable gifts to support and sustain the goals of the University of Southern Indiana. 74 63 0 948 0 0 8665988 9088265 0 0 4526502 6447607 205898 146722 13398388 15682594 2761463 4234916 0 0 0 0 0 0 237726 1270209 1529320 4031672 5764236 9366716 9918358 114185193 120889177 3068833 2643181 111116360 118245996 The USI Foundation's mission is to attract, acquire, and manage donors' charitable gifts to support and sustain the goals of the University of Southern Indiana. 0 0 2116729 2036357 0 The USI Foundation provides scholarships and awards to students enrolled at the University of Southern Indiana. These scholarships and awards benefited more than 1,300 students. 1299558 1064638 0 The USI Foundation provides educational and academic enhancements directly to the University of Southern Indiana. This includes faculty enhancement initiatives, faculty research awards stipends, cooperative opportunities for students, and direct funding for academic departments. 658141 460102 0 The USI Foundation provides other various support to the University of Southern Indiana including support for the New Harmony Theatre, Alumni Association, and other various initiatives. 675864 673819 0 The USI Foundation provides support for community outreach initiatives and capital projects of the University of Southern Indiana. Support of approximately $652,000 was provided to the University for the construction of the new University of Southern Indiana Performance Center. 675864 673819 0 4750292 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 14 0 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 X 74 63 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 IN X X Mary A Hupfer 8124641849 8600 University Boulevard Evansville IN 47712 X Bruce H Baker Life Director 2 0 X 0 0 0 Carol A Baker Life Director 2 0 X 0 0 0 Joey V Barnett Director 2 0 X 0 0 0 Alvin Basham II Director 2 0 X 0 0 0 Linda L M Bennett Director/Admin Advisor 2 35.5 X X 0 287719 48805 Jean M Blanton Director 2 0 X 0 0 0 Ronald J Boren Director 2 0 X 0 0 0 Bix Branson Life Director 2 0 X 0 0 0 Cynthia S Brinker Director 2 35.5 X 0 161619 27548 Mark D Browning Director 2 0 X 0 0 0 Timothy G Bryan Director 2 35.5 X 0 72753 3938 Stephanie S Buchanan Director 2 0 X 0 0 0 Marie A Bussing Director/Chair 2 35.5 X X 0 71935 22104 W Harold Calloway Director 2 0 X 0 0 0 Vicki T Campbell Director/Vice Chair for Development 2 0 X X 0 0 0 Don R Chaudoin Life Director 2 0 X 0 0 0 John N Daniel Jr Director 2 0 X 0 0 0 Brenden J Davidson Director 2 0 X 0 429 0 Joyce E Donaldson Director 2 0 X 0 0 0 John M Dunn Life Director 2 0 X 0 0 0 Kevin M Eastridge Life Director 2 0 X 0 0 0 Rolland M Eckels Life Director 2 0 X 0 0 0 Bettie G Engelbrecht Life Director 2 0 X 0 0 0 Neal A Franklin Director 2 0 X 0 0 0 Daniel M Fuquay Director 2 0 X 0 0 0 Robert L Goocher Director 2 0 X 0 0 0 Robert E Griffin Life Director 2 0 X 0 0 0 Kyle M Fields Director 2 0 X 0 0 0 Randall L Haaff Director 2 0 X 0 0 0 Kevin L Hammet Director/Chair Elect 2 0 X X 0 0 0 David W Herrenbruck Director 2 0 X 0 0 0 Jingle Igleheart Hagey Director 2 0 X 0 0 0 D Keith Jewell Director 2 0 X 0 0 0 M Edward Jones Director 2 0 X 0 0 0 Scott D Kempin Director 2 0 X 0 0 0 Jeffrey L Knight Director 2 0 X 0 0 0 Nancy S Koehler Director 2 0 X 0 0 0 Dwight E Hamilton Director 2 0 X 0 0 0 Frank F McDonald II Life Director 2 0 X 0 0 0 James R McKinney Life Director 2 0 X 0 0 0 Chris D Melton Director/Treasurer 2 0 X X 0 0 0 Ira T Neal Life Director 2 0 X 0 0 0 Mark E Neidig Life Director 2 0 X 0 0 0 Kent L Parker Director 2 0 X 0 0 0 Susan E Parsons Director 2 0 X 0 0 0 Jack D Pate Director 2 0 X 0 0 0 Ronald S Rochon Director/Admin Advisor 2 35.5 X X 0 202565 44459 Robert C Roeder Life Director 2 0 X 0 0 0 Ronald D Romain Life Director 2 0 X 0 0 0 Mark Rozewski Director/Assistant Treasurer 2 35.5 X X 0 179689 41332 James A Sanders Life Director 2 0 X 0 0 0 Jim Sandgren Director 2 0 X 0 0 0 D Scott Saxe Director 2 0 X 0 0 0 Jack B Schriber Director 2 15 X 0 17460 0 Victor V Schriefer Jr Life Director 2 0 X 0 0 0 Peggy O Shields Director 2 35.5 X 0 92345 31373 Alan N Shovers Life Director 2 0 X 0 0 0 Sherrianne M Standley Life Director 2 0 X 0 0 0 Judith M Steenberg Director 2 0 X 0 0 0 Ronald W Steinhart Director 2 0 X 0 0 0 Trudy J Stock Director/Vice Chair for Planning 2 0 X X 0 0 0 Robert W Swan Life Director 2 0 X 0 0 0 Jennifer L Titzer Director/Vice Chair Alumni Affairs 2 0 X X 0 0 0 Wendy G Turner-Frey Director 2 35.5 X 0 56702 26354 Karen Walker Director 2 0 X 0 0 0 Eric R Williams Director/Secretary 2 0 X X 0 0 0 Ann H White Director 2 35.5 X 0 135548 32960 Donita F Wolf Director 2 0 X 0 0 0 Robert C Woosley Director 2 0 X 0 0 0 Ted C Ziemer Jr Life Director 2 0 X 0 0 0 David A Bower President 18.75 18.75 X 0 107075 20936 0 1385839 299809 0 0 1 0 University of Southern Indiana 8600 University Blvd Evansville IN 47712 Acct & Advanc 420000 Washington Speakers Bureau Inc 1663 Prince St Alexandria VA 22314 Speaker Series 104947 2 0 0 38806 0 218571 8830888 1338005 9088265 0 2477126 2477126 0 0 0 0 0 0 43688 43688 0 0 83457 0 108574 0 -25117 0 -25117 -25117 0 0 20298302 0 16327821 0 3970481 0 3970481 3970481 0 0 138642 38806 85846 52796 0 52796 Events - Non Fundraising 900099 27874 27874 0 0 License Plate Revenue 900099 24662 24662 0 0 Affinity Revenue 900099 4954 4954 0 0 17865 17865 0 0 75355 15682594 6541533 0 52796 4234916 4234916 0 0 0 0 4117 1745 2372 0 39311 0 39311 0 198047 0 198047 0 369502 207411 82218 79873 44400 6762 0 37638 7147 6853 280 14 10294 0 8672 1622 92792 88604 4188 0 Administrative Service Expense to USI 420000 0 420000 0 University Relations/Student Support 145948 145948 0 0 Donor Recognition/Relations/Cultivation 104114 77 0 104037 All Other Expenses 93648 57976 21130 14542 5764236 4750292 776218 237726 1461508 923585 4301085 7965219 71696 95468 118551 18175 3442939 369661 3131793 3073278 99516754 103220173 4804691 4716813 779115 876466 114185193 120889177 50580 32293 525 1380 3017728 2609508 3068833 2643181 X 14440126 14637893 56920378 61354409 39755856 42253694 111116360 118245996 114185193 120889177 X 9918358 -2724484 0 0 0 -64238 X 0 1 X 1 0 X 3489077 7788131 4563241 8665988 8869694 33376131 3489077 7788131 4563241 8665988 8869694 33376131 6923168 26452963 1585158 2007966 1908567 2003637 2279079 9784407 73485 58974 55341 100542 75355 363697 43524235 1155717 0.60778 0.6333 X Schedule A, Part II, Line 10 Income derived from license plate revenue, affinity revenue, concession revenue, reimbursements and other miscellaneous income. Non-Fundraising Events $27,874; License Plate Revenue $24,662; Affinity Revenue $4,954; and all other revenue $17,865. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 83969216 2762932 2383264 2410099 967 0 86704346 56300425 1978859 11067141 1084985 90223 0 68171217 49806821 586425 6887792 1086532 -105919 0 56300425 48313565 2199582 173999 953443 -73118 0 49806821 37197785 1535838 9671465 106755 -15232 0 48313565 0.107 0.45 0.443 0 0 2471215 225468 2696683 0 746256 369661 376595 0 0 0 0 0 0 0 0 0 0 0 0 3073278 Deposits Payable 4200 Payable to Related Parties 483090 Use Obligation of Life Interest 222283 Annuities Payable 1899935 2609508 12781671 -2724484 0 0 -64238 -2788722 15570393 198047 -85846 112201 15682594 5652035 0 0 0 85846 85846 5566189 198047 0 198047 5764236 Schedule D, Part V, Line 1a During 2015, The Foundation's governing body changed its policy with respect to the presentation of endowment funds that are temporarily restricted and have been Board-designated as endowed funds. For preceding years, only unrestricted Board-designated endowment funds were presented as endowed funds based on the Foundation's initial interpretation of accounting principles generally accepted in the United States of America. The fair value of the temporarily restricted Board-designated endowment funds was $15,797,999 as of July 1, 2014 and included in the Endowment Funds beginning of year balance. Schedule D, Part V, Line 4 The intended use of the endowment funds is to provide scholarships, educational and academic enhancements, and other support to the University of Southern Indiana's students, faculty and academic programs. Schedule D, Part XI, Line 2d Change in Split Interest Agreements $-107,950; Change in Split-Interest Life Interest $23,930; Change in Beneficial Interests $-66,131; and Gain on CSV Life Insurance $85,913. Schedule D, Part XI, Line 4b Revenue amount included on return - Other Special Event Revenue $-85,846. Schedule D, Part XII, Line 2d Expense amounts included in financials - Other Special Event Expenses $85,846. VC Steak Fry 43578 5648 37930 0 0 1650 3930 0 2844 VC Festival Booth 57323 0 57323 0 0 946 33805 0 3021 3 66365 27264 39101 0 0 14081 9174 0 14814 167266 32912 134354 0 0 16677 46909 0 20679 84265 50089 0 0 0 0 0 0 0 0 0 Linda L M Bennett Director/Admin Advisor 0 285284 0 0 0 2435 0 34100 0 14704 0 336523 0 0 Cynthia S Brinker Director 0 160075 0 0 0 1544 0 20685 0 6863 0 189167 0 0 Ronald S Rochon Director/Admin Advisor 0 202434 0 0 0 131 0 26055 0 18404 0 247024 0 0 Mark Rozewski Director/Assistant Treasurer 0 179689 0 0 0 0 0 22928 0 18404 0 221021 0 0 Ann H White Director 0 135448 0 0 0 100 0 18255 0 14705 0 168508 0 0 X 12 0 Fair Value X 0 Fair Value X 89 1338005 Fair Value X 27 0 Fair Value X 1 0 Fair Value X Tickets 106 0 Fair Value X Gift Baskets 32 0 Fair Value 0 0 1 1 Schedule M, Part I, Line 32b For certain special events, a professional auctioneer is hired to auction off the non-cash items received in connection with the event and the fundraising efforts. Also, the USI Foundation uses Old National Bank to liquidate gifts of securities. Schedule M, Part I, Line 33 Items which were not assigned any revenue in Column C are those items received in conjunction with a fundraising event. These items are auctioned off with no inventory kept on hand. Form 990, Part VI, Section A, Line 2 1) Bruce H. Baker, Life Director is the husband of Carol A. Baker, Life Director 2) M. Edward Jones, Director is the husband of Cynthia S. Brinker, Director, and 3) the following have a business relationship through their employment at the University of Southern Indiana: Linda L. M. Bennett, Director; Marie A. Bussing, Director/Chair; Cynthia S. Brinker, Director; Timothy G. Bryan, Director; Ronald S. Rochon, Director; Mark Rozewski, Director; Jack B. Schriber, Director; Peggy O. Shields, Director; Wendy G. Turner-Frey, Director; and Ann H. White, Director. Form 990, Part VI, Section B, Line 11b Form 990, as ultimately filed with the IRS, is presented to the Audit Committee of the University of Southern Indiana (USI) Foundation Board of Directors for review and approval before filing with the IRS. This action is in accordance with the audit committee's duty to act on behalf of the USI Foundation Board of Directors in regard to the annual review and approval of the Form 990. The Audit Committee reports this action to the USI Foundation Board of Directors and copies of the Form 990 are made available to the board members prior to filing the form with the IRS. Based on donor imposed stipulations requiring anonymity, the names and addresses of these donors are redacted on copies of Form 990 made available to the board members. Form 990, Part VI, Section B, Line 12c Enforcement of the conflicts policy on an annual basis - Each board of director member and key staff of the University of Southern Indiana, a related organization, is required to complete the Conflict of Interest Statement with the USI Foundation. The President of the USI Foundation and his staff monitor the completion of the process. Compliance and conflicts of interest are reviewed by the Foundation's Audit Committee. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy, and financial statements are made available on the Foundation's website at www.usi.edu. Form 990 is also available on the GuideStar website. Form 990, Part VII, Section A, Line 1a Marie A Bussing, Director and Chair, is compensated for her faculty position with the University of Southern Indiana. She is not compensated for being the Chair of the USI Foundation Board of Directors. Form 990, Part XI, Line 9 Change in Split Interest Agreements $-107,950, Change in Split-Interest Life Interest $23,930, Change in Beneficial Interest in Trusts $-66,131, Gain on CSV Life Insurance $85,913, Special Event Revenue $85,846, and Special Event Expenses $-85,846. Southern Indiana Higher Education 8600 University Blvd Evansville IN 47712 262893466 Real Estate IN 44985 3116506 USI Foundation University of Southern Indiana 8600 University Blvd Evansville IN 47712 351308176 Higher Education IN N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0