2025-11-13T16:11:20-06:00 2025-06-30 331498605 PLANTE & MORAN PLLC 250 S HIGH ST SUITE 100 COLUMBUS OH 43215 990 2024-07-01 346576610 YOUNGSTOWN STATE UNIVERSITY FOUNDATION YOUN 3309413211 655 WICK AVENUE YOUNGSTOWN OH 44502 PAUL MCFADDEN PRESIDENT 3309413211 2025-11-13 1 1 AMY CIMINELLO P00796388 6148493000 2025-11-13 2024 2025-03-06 01:10:19Z PAUL MCFADDEN 655 WICK AVENUE YOUNGSTOWN OH 44502 100629020 0 X YSUFOUNDATION.ORG X 1966 OH THE YOUNGSTOWN STATE UNIVERSITY FOUNDATION IS AN INDEPENDENT, NONPROFIT ORGANIZATION THAT SUPPORTS STUDENT SCHOLARSHIPS, STUDENT DEVELOPMENT, AND CAREER OPPORTUNITIES. 44 44 28 45 23731 8618 12571407 21530769 0 0 21823604 17271060 0 0 34395011 38801829 16640840 22829394 0 0 1723162 1741355 0 0 806688 1647622 1615944 20011624 26186693 14383387 12615136 359433129 392044797 12606341 13441590 346826788 378603207 X THE YOUNGSTOWN STATE UNIVERSITY FOUNDATION IS AN INDEPENDENT, NONPROFIT ORGANIZATION THAT SUPPORTS STUDENT SCHOLARSHIPS, STUDENT DEVELOPMENT, AND CAREER OPPORTUNITIES 0 0 23518777 22829394 THE YOUNGSTOWN STATE UNIVERSITY FOUNDATION (YSU FOUNDATION) IS AN INDEPENDENT, NON-PROFIT ORGANIZATION FOCUSED ON SUPPORTING STUDENT SCHOLARSHIPS, STUDENT DEVELOPMENT, AND CAREER OPPORTUNITIES. THE YSU FOUNDATION IS A CATALYTIC FORCE FOR THE ADVANCEMENT OF YSU, THE YOUNGSTOWN COMMUNITY, AND NORTHEAST OHIO. YSUF IS A CRITICAL SOURCE OF SUPPORT, OPPORTUNITY, AND EXCELLENCE FOR YSU STUDENTS AND UNIVERSITY PROGRAMS. THE COMPETITION FOR STUDENTS IN HIGHER EDUCATION HAS NEVER BEEN GREATER. THE YSU FOUNDATION, PROVIDING OVER $22.8 MILLION IN ANNUAL SCHOLARSHIP AID, HAS HISTORICALLY DESIGNED SCHOLARSHIP AWARDS TO PROVIDE ACCESS TO ATTEND YSU. ONE OF THE YSU FOUNDATION'S IMPORTANT INITIATIVES IS THE STUDENT INVESTMENT FUND. THE FOUNDATION ALSO PROVIDES GRANTS TO YOUNGSTOWN STATE UNIVERSITY FOR THE PURPOSE OF LECTURES AND SYMPOSIUMS AND FOR THE OPERATIONS OF VARIOUS DEPARTMENTS AND CENTERS. 23518777 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 28 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 44 44 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X PAUL MCFADDEN 3309413211 655 WICK AVENUE YOUNGSTOWN OH 44502 NADER ATWAY CHAIR/TRUSTEE 1.00 0.00 X X 0 0 0 BENJAMIN KECK ASSISTANT SECRETARY/TRUSTEE 1.00 0.00 X X 0 0 0 JOHN MOLITERNO ASSISTANT TREASURER/TRUSTEE 1.00 0.00 X X 0 0 0 ED MURANSKY IMMEDIATE PAST CHAIR/TRUSTEE 1.00 0.00 X X 0 0 0 JUDE NOHRA VICE CHAIR/TRUSTEE 1.00 0.00 X X 0 0 0 THEODORE SCHMIDT TREASURER/TRUSTEE 1.00 0.00 X X 0 0 0 RAJIV TANEJA SECRETARY/TRUSTEE 1.00 0.00 X X 0 0 0 DON CONSTANTINI TRUSTEE 1.00 0.00 X 0 0 0 JOHN P DALIMAN TRUSTEE 1.00 0.00 X 0 0 0 JAMES DASCENZO TRUSTEE 1.00 0.00 X 0 0 0 ALFRED J FLEMING TRUSTEE 1.00 0.00 X 0 0 0 THOMAS J FLEMING TRUSTEE 1.00 0.00 X 0 0 0 JOHN F GELETKA TRUSTEE - PART YEAR 1.00 0.00 X 0 0 0 JAMES GELLER TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN J GURGOVITS TRUSTEE 1.00 0.00 X 0 0 0 KEVIN HELMICK TRUSTEE 1.00 0.00 X 0 0 0 CHANDER KOHLI TRUSTEE 1.00 0.00 X 0 0 0 JAMES KRAVEC TRUSTEE 1.00 0.00 X 0 0 0 DANIEL LETSON TRUSTEE 1.00 0.00 X 0 0 0 JOHN MCNALLY TRUSTEE 1.00 0.00 X 0 0 0 TINA NAVARRO MISEL TRUSTEE 1.00 0.00 X 0 0 0 GARRY L MROZEK TRUSTEE 1.00 0.00 X 0 0 0 CARL A NUNZIATO TRUSTEE 1.00 0.00 X 0 0 0 KATHLEEN PADGITT TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY J PAYIAVLAS TRUSTEE 1.00 0.00 X 0 0 0 JOHN L POGUE TRUSTEE 1.00 0.00 X 0 0 0 LAWRENCE RICHARDS TRUSTEE 1.00 0.00 X 0 0 0 RICHARD J SCHIRALDI TRUSTEE 1.00 0.00 X 0 0 0 SCOTT SCHULICK TRUSTEE 1.00 0.00 X 0 0 0 MOLLY SEALS TRUSTEE 1.00 0.00 X 0 0 0 JAMES H SISEK TRUSTEE 1.00 0.00 X 0 0 0 MARTIN SOLOMON TRUSTEE 1.00 0.00 X 0 0 0 RICHARD B THOMPSON TRUSTEE 1.00 0.00 X 0 0 0 SIMON WERLE TRUSTEE 1.00 0.00 X 0 0 0 STUART WISE TRUSTEE 1.00 0.00 X 0 0 0 PETER J ASIMAKOPOULOS TRUSTEE 1.00 0.00 X 0 0 0 DENISE GLINATSIS BAYER TRUSTEE 1.00 0.00 X 0 0 0 GERMAINE BENNETT TRUSTEE 1.00 0.00 X 0 0 0 A GARY BITONTE TRUSTEE 1.00 0.00 X 0 0 0 ALEXA SWEENEY BLACKANN TRUSTEE 1.00 0.00 X 0 0 0 CAPRI CAFARO TRUSTEE 1.00 0.00 X 0 0 0 MARTHA L BUSHEY TRUSTEE 1.00 0.00 X 0 0 0 LEE BURDMAN TRUSTEE 1.00 0.00 X 0 0 0 RICHARD BLASE TRUSTEE 1.00 0.00 X 0 0 0 THOMAS J CAVALIER TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM POOLE TRUSTEE- PART YEAR 1.00 0.00 X 0 0 0 ALAN W COPE TRUSTEE- PART YEAR 1.00 0.00 X 0 0 0 FRANK HIERRO TRUSTEE- PART YEAR 1.00 0.00 X 0 0 0 ELBA NAVARRO TRUSTEE- PART YEAR 1.00 0.00 X 0 0 0 PAUL MCFADDEN PRESIDENT 50.00 0.00 X 287858 0 21699 HEATHER CHUNN VICE PRESIDENT 45.00 0.00 X 154621 0 24739 BRIAN NORD CHIEF DEVELOPMENT OFFICER 50.00 0.00 X 127933 0 15203 LEONARD MORRIS CONTROLLER 40.00 0.00 X 111813 0 4894 682225 0 66535 4 0 1 0 GRAYSTONE CONSULTING 4449 EASTON WAY SUITE 300 COLUMBUS OH 43219 INVESTMENT MANAGEMENT 741360 1 X 21530769 1513925 21530769 6466163 23731 6442432 72392071 240017 61180540 646651 11211531 -406634 10804897 10804897 38801829 0 23731 17247329 22829394 22829394 490492 76115 262951 151426 957713 367168 245369 345176 55807 17111 19148 19548 138027 49284 30127 58616 99316 32237 33139 33940 36088 36088 64578 64578 904635 904635 16369 16369 232552 121688 5332 105532 44472 11258 16994 16220 92239 12002 61592 18645 66087 66087 43978 767 9787 33424 34970 1000 10311 23659 31851 31851 33755 753 32500 502 990-T PAYMENTS 11488 11488 MEMBERSHIP DUES 1590 1590 SUBSCRIPTIONS 1292 1292 26186693 23518777 1861228 806688 8038405 3443101 12535213 18047956 466964 383137 305691 188786 388773 116905 295397182 319704891 39874500 50158507 2732092 190300 359433129 392044797 1120366 2168115 11485975 11273475 12606341 13441590 X 172421170 180776303 174405618 197826904 346826788 378603207 359433129 392044797 X 12615136 19161313 -30 X X 0 1 X 1 0 X 12043662 18873200 15837814 12571407 21530769 80856852 12043662 18873200 15837814 12571407 21530769 80856852 11505190 69351662 6493820 7470719 7710088 5479753 6442462 33596842 175969 44807 19414 9618 249808 114703502 0.60460 0.58740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 334693468 7301075 35355182 14102259 363247466 310564335 6551480 29958638 12380985 334693468 302359903 4637850 17320507 13753925 310564335 320615451 13173249 -19735930 11692867 302359903 251128065 7995392 72815522 11323528 320615451 0.51418 0.48582 0 0 305691 188786 116905 116905 ALTERNATIVE INVESTMENTS 50158507 C 50158507 57047019 19161313 -11488 19149825 37897194 904635 904635 38801829 25270600 30 30 25270570 904635 11488 916123 26186693 PART V, LINE 4: THE ORGANIZATION'S USE OF ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIPS AND OTHER SPECIFIED USES FOR THE BENEFIT OF STUDENTS AND RELATED ACTIVITIES AND PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FEDERAL TAX NET WITH INCOME -11,488. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES 30. PART XII, LINE 4B - OTHER ADJUSTMENTS: FEDERAL TAX NET WITH INCOME 11,488. EUROPE 0 0 INVESTMENTS 4507723 CENTRAL AMERICA AND THE CARRIBEAN 0 0 INVESTMENTS 58165881 0 0 0 0 0 0 62673604 0 62673604 1 0 1 1 1 0 1 YOUNGSTOWN STATE UNIVERSITY ONE UNIVERSITY PLAZA YOUNGSTOWN OH 44555 341011998 501(C)3 21816214 1013180 FMV EQUIPMENT TO EXCLUSIVELY SUPPORT YOUNGSTOWN STATE UNIVERSITY. 1 0 PART I, LINE 2: THE FOUNDATION SUPPORTS YOUNGSTOWN STATE UNIVERSITY AND OTHER EDUCATIONAL INITIATIVES WHICH ARE LOCATED WITHIN THE UNITED STATES. YSU FOUNDATION ANNUALLY FOLLOWS UP WITH THE ENTITIES ON THE USE OF AWARDED GRANTS TO ASSURE THEY ARE USED FOR THE INTENDED PURPOSES. X X X 0 0 0 0 0 0 0 1 0 PAUL MCFADDEN PRESIDENT 243338 0 44520 0 0 0 11514 0 10185 0 309557 0 0 0 HEATHER CHUNN VICE PRESIDENT 147625 0 6996 0 0 0 6185 0 18554 0 179360 0 0 0 PART I, LINE 7 ALL BONUSES PAID ARE REVIEWED AND DEEMED APPROPRIATE BY THE FINANCE AND AUDIT COMMITTEE PRIOR TO PAYOUT. BONUSES ARE NECESSARY TO STAY COMPETITIVE IN REGARD TO RETENTION. X 20 500745 MARKET QUOTATIONS X RESEARCH EQUIPMENT 3 1013180 FMV 0 1 0 PART I, LINE 32B: THE AMOUNT REPORTED IN LINE 25, COLUMN B IS THE NUMBER OF DONORS WHO CONTRIBUTED EQUIPMENT TO THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B IRS FORM 990 IS REVIEWED AND APPROVED BY THE FOUNDATION'S EXECUTIVE COMMITTEE AND AUDIT COMMITTEE. THE FOUNDATION ALSO PROVIDED THE FORM 990 TO EACH VOTING MEMBER OF THE BOARD OF TRUSTEES IN PAPER AND/OR ELECTRONIC FORM. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES OF THE ORGANIZATION SIGN CONFLICT OF INTEREST POLICIES ANNUALLY. CONFLICTS OF INTEREST ARE IDENTIFIED DURING BOARD MEETINGS BY THE TRUSTEES AND BOARD MEMBERS ABSTAIN FROM VOTING IF THEY HAVE A CONFLICT. BOARD MEMBERS ARE AWARE OF THE NEED TO DISCLOSE CONFLICTS OF INTEREST AS SOON AS THEY ARISE, AND THE PRESIDENT ALSO MONITORS THE CONFLICTS OF INTEREST THROUGHOUT THE YEAR. THE BOARD CHAIR REVIEWS THE PRESIDENT'S COMPLETED CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE PROVIDES TO THE BOARD CHAIR A SALARY RANGE BASED UPON THE REVIEW OF COMPENSATION PAID TO SIMILAR POSITIONS REPORTED ON THE FORM 990 OF OTHER ORGANIZATIONS TO DETERMINE THE PRESIDENT'S AND VICE PRESIDENT OF OPERATIONS/HR'S COMPENSATION. THE BOARD CHAIR DETERMINES, REVIEWS AND APPROVES THE COMPENSATION AMOUNT AND COMMUNICATES IT TO THE PRESIDENT AND VICE PRESIDENT OF OPERATIONS/HR THROUGH E-MAIL. THE COMPENSATION REVIEW PROCESS WAS LAST COMPLETED IN JUNE 2025. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 1: EFFECTIVE APRIL 1, 2015, THE FOUNDATION ENTERED INTO A DEVELOPMENTAL AGREEMENT WITH YOUNGSTOWN STATE UNIVERSITY WHEREIN THE FOUNDATION RAISES AND MAINTAINS DONATIONS ON BEHALF OF THE UNIVERSITY. THE FOUNDATION REMITS ALL RELATED FUNDS WHICH HAVE BEEN RECEIVED TO THE UNIVERSITY ON A MONTHLY BASIS. FOR THE YEAR ENDED JUNE 30, 2025, THE FOUNDATION RECORDED CONTRIBUTION REVENUE OF $10,326,467 AND DISTRIBUTION EXPENSES OF $8,248,016. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES -30. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF TRUSTEES PROCESS OF ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED OR BEEN REVISED FROM THE PRIOR YEAR TO THE CURRENT YEAR.