2015-05-13T13:50:57-07:00 2014-06-30 990 2013-07-01 556011111 MARSHALL UNIVERSITY FOUNDATION INCORPORATED MARS 3046966264 519 John Marshall Drive Huntington WV 25703 R Scott Anderson CFO 3046963388 2015-05-13 2013 2016-03-07 17:11:31Z R Scott Anderson 519 John Marshall Drive Huntington WV 25703 25574958 0 X www.marshall.edu/foundation/ X 1947 WV The Marshall University Foundation was chartered on January 3, 1947 as an independent non-profit organization to receive, invest, administer and disburse private resources on behalf of Marshall University. 37 37 31 100 58901 0 23886640 12654113 193664 195895 13190562 2322399 78115 100682 37348981 15273089 3294416 8791813 0 0 1393962 1458314 0 0 767291 4784052 5344634 9472430 15594761 27876551 -321672 172446231 185285932 11635766 10425903 160810465 174860029 The organization's primary exempt purpose is to provide support to Marshall University by receiving, investing and administering private resources. 0 0 3606059 0 0 The organization provides support in the form of scholarships and awards to faculty and students related to their educational pursuits at the university 5800666 0 0 The organization provides support to the university broadly and to individual departments in support of their respective education priorities in the form of payroll and stipend support, as well as to designated funds on behalf of departmental and university projects 1503772 0 0 Department and unit operating funds provide additional resources for programs, travel, training, equipment and supplies, and other miscellaneous purposes on behalf of university departments 1855341 0 0 Other expenses attributable to program funds in support of the university and departments. 1855341 0 0 12765838 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 125 0 1 31 1 1 1 0 0 0 0 1 1 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 FL MD OH WV X X X R Scott Anderson 3046963388 519 John Marshall Drive Huntington WV 25703 Mr Gary M Ambler Director 2 0 X 0 0 0 Mrs Phyllis H Arnold Director 2 5.0 X 0 0 0 Mr John W Ashford Director 2 1.00 X 0 0 0 Mr Gary D Baldwin Director 2 0 X 0 0 0 Mr George R Brammer Director 2 0 X 0 0 0 Mr Jonathan A Broh Director 2 0 X 0 0 0 Mrs Nancy E Campbell Director 2 0 X 0 0 0 Mr Mark A Chandler Vice Chair 2 0 X X 0 0 0 Mrs Johnna Coats Director 2 0 X 0 0 0 Mr Mark E Dempsey Director 2 0 X 0 0 0 Mr James Farley Director 2 0 X 0 0 0 Mr David Fox III Director 2 0 X 0 0 0 Mr James E Gibson Director 2 0 X 0 0 0 Mr Joseph M Gillette Chair 2 0 X X 0 0 0 Mr Floyd Harlow Jr Director 2 0 X 0 0 0 Mr David Helmer Director 2 0 X 0 0 0 Mr William V Jackson Director 2 0 X 0 0 0 Mr J Patrick Jones Past Chair 2 1.00 X X X 0 0 0 Mr John K Kinzer Treasurer 2 0 X X 0 0 0 Mr Robert L Osborne Director 2 1 X 0 0 0 Mr Leon K Oxley Director 2 0 X 0 0 0 Mr Charles W Pace Director 2 0 X 0 0 0 Mr Audy M Perry Director 2 0 X 0 0 0 Mr Lake Polan III Director 2 3 X 0 0 0 Mr Douglas V Reynolds Director 2 0 X 0 0 0 Mr Casey J Robinson Director 2 1 X 0 0 0 Mrs Sharon Shaffer Secretary 2 0 X X 0 0 0 Mr Geoffrey S Sheils Director 2 0 X 0 0 0 Mr Richard L Slater Director 2 0 X 0 0 0 Mr Louis S Southworth Director 2 0 X 0 0 0 Mr Marc A Sprouse Director 2 0 X 0 0 0 Mr Lawrence J Tweel Director 2 0 X 0 0 0 Mrs Janet S Vineyard Director 2 0 X 0 0 0 Mr Louis Weisberg Director 2 0 X 0 0 0 Mr Charles H Wendell Director 2 0 X 0 0 0 Mr Gary G White Director 2 0 X 0 0 0 Mr John Jay White Director 2 0 X 0 0 0 Dr Ronald G Area CEO 40.00 3.00 X X X 266675 0 28621 Mr R Scott Anderson CFO 40 3.00 X X 112047 0 23204 378722 0 51825 2 0 1 0 0 0 0 0 0 0 12654113 424711 12654113 Rental Income art warehouse 531120 114780 114780 0 0 Conference Center Activities 721000 81115 33991 47124 0 0 0 0 0 195895 348623 0 0 348623 0 0 0 0 80362 32719 0 47643 0 0 0 0 0 0 0 0 0 0 12267176 0 10293400 0 1973776 0 1973776 0 0 1973776 0 0 0 0 0 0 0 0 0 0 0 0 28789 8469 20320 8543 11777 0 0 15273089 190033 58901 2370042 8791813 8791813 0 0 0 0 0 0 379000 0 379000 0 0 0 0 0 902604 7496 791224 103884 0 0 0 0 171544 0 171544 0 5166 0 5166 0 0 0 0 0 51421 1978 49368 75 19525 0 19525 0 0 0 0 0 0 0 244892 155208 89564 120 1159847 989763 75043 95041 106035 18437 2451 85147 217942 80176 65890 71876 225469 76025 114838 34606 0 0 0 0 86575 0 86575 0 396866 278028 13852 104986 0 0 0 0 432313 264151 40137 128025 316085 316085 0 0 0 0 0 0 441813 425402 15404 1007 84143 5233 57516 21394 Departmental Support - employment 578936 575623 0 3313 Miscellaneous 98575 677 26660 71238 Printing 109578 55399 28218 25961 Equipment and Supplies 672297 655987 8287 8023 102322 68357 21370 12595 15594761 12765838 2061632 767291 68627 45646 18568227 15402034 26889112 23196515 32870 57156 0 0 0 0 0 0 0 0 23013 41238 15927930 1992396 14358755 13935534 5928737 11914383 94105143 108031686 2065975 1514067 0 0 10405772 11147673 172446231 185285932 205934 175069 0 0 343675 223894 10490975 9562787 0 0 0 0 0 0 0 0 595182 464153 11635766 10425903 X 17932380 20183595 55664356 62127699 87213729 92548735 160810465 174860029 172446231 185285932 X -321672 14391932 0 0 0 -20696 X 0 1 X 1 0 X 7201428 17007107 26777434 23886640 12654113 87526722 0 0 0 0 0 0 0 0 0 0 7201428 17007107 26777434 23886640 12654113 87526722 3324530 84202192 2118037 2063476 2096136 1732675 624880 8635204 85 12259 -6352 -4254 11777 13515 0 0 0 0 0 96175441 117059 0.87551 0.87858 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90636984 5868688 14042489 1959418 2256351 48242 106284150 83119194 7398155 9646427 1695769 7697300 133723 90636984 83809934 4646658 -1896505 988685 2336846 115362 83119194 71387492 4248915 13825605 1680071 3851054 120953 83809934 70175159 2423690 5592643 2551026 4135853 117121 71387492 0.1145 0.8411 0.0444 0 0 2442000 0 2442000 12304864 0 1301129 11003735 0 0 0 0 1181066 0 691267 489799 0 0 0 0 13935534 0 8250 F Commingled global equity funds 56156559 F Commingled global fixed income 15014001 F Commingled hedge fund of funds 15531395 F Commingled Real asset fund 14201470 F Commingled Private Capital fund of funds 967683 F Private Real Estate 9183 F Private Equity 2034535 F Natural Resources 725626 F Venture 1884338 F Distressed Debt 1497646 F Wholly owned subsidiary 1000 C 108031686 Contributions Rec from CRT 874687 Beneficial Interest in Perpertual Trusts 9792768 Cash Surrender Value-Life Insurances 464718 Gifts in Kind held by Organization 15500 11147673 Fair Value of Interest Rate Swap 169121 Charitable Gift Annuity Liability 295032 464153 29428597 14391932 0 0 8468 14400400 15028197 244892 0 244892 15273089 15379033 0 0 0 29164 29164 15349869 244892 0 244892 15594761 Schedule D, Part V, Line 4 Endowment funds are held according to donor restrictions to provide a perpetual source of inter-generational funding for scholarships, programs and research. Board designated endowments are a source of funding for development operations and for the greatest needs of the university. Schedule D, Part XI, Line 2d Cost of goods sold Schedule D, Part XII, Line 2d COGS and GIK transfers to University 1 Marshall University One John Marshall Drive Huntington WV 25755 556000789 501c3 9406725 20696 Gifts in kind recieved on behalf of the University To support students and university departments in their educational mission 1 0 Schedule I, Part I, Line 2 The organization maintains documentation on individual funds and related criteria for eligibility for grants. The organization coordinates with the university departments and units in accordance with fund guidelines to substantiate eligibility and authorization for grants and assistance. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Dr Ronald G Area CEO 260315 0 0 0 6360 0 15641 0 12980 0 295296 0 0 0 Mr R Scott Anderson CFO 111747 0 0 0 300 0 6723 0 16481 0 135251 0 0 0 Schedule J, Part I, Line 1a Social club dues and a limited amount of spousal travel are part of the employment agreement with the CEO A The County Commission of Cabell County WV Commercial Development Revenue Bond Series 2010 556000305 2010-12-21 9200000 Construction and furnishing of building 0 0 0 A 0 0 9200000 0 0 0 59200 0 0 9140800 0 0 2010 0 0 1 1 A 0 0 0 0 0 0 0 1 0 0 A 0 0 1 0 1 1 JP Morgan Chase Bank 20 0 0 0 0 0 A 0 X 4999 est fair value X 1 2000 est fair value X 21 404015 market quote X 1 535 est fair value X Equipment 2 7699 est fair value X Life Insurance Premiums 1 4800 cash value X items to support fundraiser event 1 663 cash value 0 0 1 0 Form 990, Part VI, Section B, Line 11b The Form 990 and schedules were provided to the Board of Directors for review prior to filing and a meeting was conducted to review and approve the return for filing. Form 990, Part VI, Section B, Line 12c The Board annually surveys its members and reviews responses about conflict of interest. Form 990, Part VI, Section B, Line 15 CEO compensation and performance are reviewed annually by the Human Resources committee using a process which includes board surveys and a formal review. Form 990, Part VI, Section C, Line 19 Governing documents and policies are available upon request. Summary financial information is available on the organization annual report which is available on the website. The audited financial statements are available upon request. Form 990, Part XI, Line 9 Gift in kind transfers to university Schedule B, Part I Gifts in Kind and Marketable Securities Marshall University Real Estate Foundation Inc 519 John Marshall Drive Huntington WV 25703 262912485 Receive real estate on behalf of Marshall University WV 501(c)(3) 509(a)(3) III-FI The Marshall University Foundation 1 Marshall University Alumni Association Inc One John Marshall Drive Huntington WV 25755 264778743 Alumni activities WV 501(c)(3) 509(a)(3) III-FI N/A 0 Marshall University One John Marshall Drive Huntington WV 25755 556000789 Higher education institution WV 501(c)(3) line 2 N/A 0 Marshall Services Corporation PO Box 296 Huntington WV 25707 461383543 Invest in joint venture for internationalization of campus WV The Marshall University Foundation Inc C 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 Marshall Services Corporation o 0 A de minimis amount of time is spent in administrative support of MSC Marshall University Alumni Association Inc r 0 The foundation provides support for accounting, database management, and other administrative support on substantially equivalent terms as for uncontrolled constituents. Marshall University Alumni Association Inc n 0 No amount is estimated for the value of the shared facilities, equipment, mailing lists, etc shared with the related organization. Marshall University Alumni Association Inc o 138282 The estimated value of the employees paid for by the foundation who work primarily with MUAA Marshall University Real Estate Foundation Inc o 0 A de minimis amount of time is spent by the staff providing support to the MUREF. Marshall University r 12765838 cash and property transferred to Marshall University as reported on schedule I as program expenditures Marshall University l 0 The Foundation is the primary fundraiser for private support for the institution.