2015-05-15T13:46:10-05:00 2014-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2013-07-01 486088461 EMPORIA STATE UNIVERSITY FOUNDATION % LORINDA DUNCAN EMPO 6203415440 1500 HIGHLAND STREET Suite EMPORIA KS 66801 LORINDA DUNCAN CFO 6203415440 2015-05-15 true Michael J Engle P00482834 6203415440 2013 2016-02-25 16:41:14Z LORINDA DUNCAN 1500 HIGHLAND STREET EMPORIA KS 66801 49031619 false X WWW.EMPORIA.EDU/SAF X 1952 KS INSPIRING PHILANTHROPY TO CHANGE LIVES AT EMPORIA STATE UNIVERSITY. 21 21 66 50 -29800 -29800 5534761 6837326 0 0 3892999 5935770 868512 1645112 10296272 14418208 3897318 4953796 0 0 1335016 1623582 227156 174784 1436723 1215661 1003346 6675151 7755508 3621121 6662700 85922621 96585249 2217431 2111539 83705190 94473710 RAISING AND MANAGING PHILANTHROPIC RESOURCES TO ADVANCE THE MISSION OF EMPORIA STATE UNIVERSITY. false false 4953796 4953796 SCHOLARSHIPS, GRANTS AND PAYMENTS TO EMPORIA STATE UNIVERSITY FOR GROWTH AND DEVELOPMENT OF CAMPUS AND ACADEMIC ACTIVITIES. 72056 VARIOUS RELATED EXPENSES INCURRED IN THE OPERATION OF THE FOUNDATION PROGRAM TO PROVIDE SCHOLARSHIPS AND PROMOTE THE GROWTH OF EMPORIA STATE UNIVERSITY. 5025852 true true false false false true false true false true true true false true true false true false false false true false true true true false false true true true false false false false false false false false true false false false false true false false false true 38 0 true 66 true true true false false false false true true false false false false false false false X 21 21 false false false false false true false true true false false false true true true false true true false false X LORINDA DUNCAN 6203415440 1500 HIGHLAND STREET EMPORIA KS 66801 STEVE WILLIAMS FINANCE AND EXECUTIVE MEMBER 1.0 X X 0 0 0 TERESA MARTIN EXECUTIVE MEMBER, TRUSTEE 1.0 X 0 0 0 JONATHAN KRUEGER FINANCE MEMBER, TRUSTEE 1.0 X 0 0 0 SKIP EVANS FINANCE AND EXECUTIVE MEMBER 1.0 X 0 0 0 LANA OLEEN FINANCE AND EXECUTIVE MEMBER 1.0 X 0 0 0 JOHN JONES EXECUTIVE MEMBER, TRUSTEE 1.0 X 0 0 0 JOHN MCDONALD EXECUTIVE MEMBER, TRUSTEE 1.0 X 0 0 0 RUSS EVERHART EXECUTIVE MEMBER, TRUSTEE 1.0 X 0 0 0 RUSS JENKINS EXECUTIVE MEMBER, TRUSTEE 1.0 X 0 0 0 JEFF LONGBINE FINANCE MEMBER, TRUSTEE 1.0 X 0 0 0 BETH PREWITT FINANCE AND EXECUTIVE MEMBER 1.0 X X 0 0 0 KIM PEMBER EXECUTIVE MEMBER, TRUSTEE 1.0 X 0 0 0 KIM PENNER FINANCE AND EXECUTIVE MEMBER 1.0 X X 0 0 0 MARK SCHREIBER EXECUTIVE MEMBER, TRUSTEE 1.0 X 0 0 0 JANET SCHALANSKY FINANCE MEMBER, TRUSTEE 1.0 X 0 0 0 STEVE SAUDER EXECUTIVE MEMBER, TRUSTEE 1.0 X 0 0 0 DERYL WYNN EXECUTIVE MEMBER, TRUSTEE 1.0 X 0 0 0 KURT STEINKUHLER FINANCE AND EXECUTIVE MEMBER 1.0 X 0 0 0 MYRL COBB FINANCE MEMBER, TRUSTEE 1.0 X 0 0 0 JODIE FUND FINANCE MEMBER, TRUSTEE 1.0 X 0 0 0 JERRY HERBERT FINANCE MEMBER, TRUSTEE 1.0 X 0 0 0 DENASUE POTESTIO PRESIDENT FOUNDATION 40.0 X 157789 0 39245 DONNA BRESHEARS CORPORATE SECRETARY 40.0 X 49648 0 12680 LORINDA DUNCAN CORPORATE TREASURER 40.0 X 74165 0 17529 281602 0 69454 1 false true false JF SMITH GROUP CAMPAIGN CONSULTANT 139885 1 72392 240215 6524719 738117 6837326 0 1577493 1577493 0 37598 37598 7068 7068 0 7068 7068 38891088 34532811 4358277 4358277 4358277 131188 72392 80600 50588 50588 0 0 Partnership Income 900099 1465495 -29800 1495295 MISCELLANEOUS INCOME 900099 84363 84363 84363 84363 1549858 14418208 -29800 7610682 1805887 1805887 3147909 3147909 0 0 340891 340891 0 1014793 27407 226640 760746 61465 1243 25731 34491 123149 2490 51554 69105 83284 1684 34865 46735 0 5537 5537 46450 46450 0 174784 174784 122646 122646 396885 23210 156072 217603 31592 11346 20246 134331 50 97816 36465 0 0 47468 2536 21993 22939 71060 17811 53249 0 0 6191 6191 0 107262 107262 27242 8448 18794 _ _ _ _ 6682 4988 1334 360 7755508 5025852 1292933 1436723 200586 326817 37888 37918 1993879 3928968 8823 7108 0 0 0 0 1026956 1004413 0 0 428589 81461 3384439 1458589 2027132 1925850 50047066 48784313 21797045 31427210 72420 72470 0 0 8282237 8988721 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90898 75227 75227 1925850 FUNDS OF HEDGE FUNDS 18225203 F PRIVATE EQUITY FUNDS 9912654 F REAL ESTATE PARTNERSHIPS 3289353 F 31427210 CSV LIFE INSURANCE 899836 Beneficial Interest in Trusts 8088885 8988721 0 Annuity & Trust Obligations 1503635 1503635 18481982 3299734 886686 4186420 14295562 122646 122646 14418208 7713462 80600 80600 7632862 122646 122646 7755508 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 $ 958,246 FUNDRAISING EVENT EXPENSES $ 80,600 ACTUARIAL LOSS $(152,160) --------- $ 886,686 SCHEDULE D, PART XII, LINE 2D FUNDRAISING EVENT EXPENSES $ 80,600 Central America and the Caribbean Investments 23495688 23495688 23495688 true false true true false false X X X X X true JF SMITH GROUP CAMPAIGN CONSULTANT false 154047 154047 AL FL KS MS NJ NC SC TN ATHLETIC AUCTIO 95143 33248 61895 31997 3404 1303 KC NIGHT OF CHA 30740 22679 8061 2679 100 351 5 77697 16465 61232 2100 3315 4791 18354 202 12004 203580 72392 131188 2100 37991 4791 21758 302 13658 80600 50588 true EMPORIA STATE UNIVERSITY 1 KELLOG CIRCLE EMPORIA KS 66801 481124839 GOVERNMENT 1735687 UNIVERSITY OPERATION ALUMNI ASSOCIATION OF EMPORIA STATE UNIVERS 1500 HIGHLAND STREET EMPORIA KS 66801 486115644 501 (C) (3) 70200 OPERATIONAL SUPPORT 2 SCHOLARSHIPS 1573 3147909 PART I, LINE 2. EXPENDITURE REQUESTS ARE SENT TO THE FISCAL AFFAIRS DEPARTMENT WHICH VERIFIES THE EXPENDITURE MEETS THE RESPECTIVE DONOR'S CRITERIA, AS DOCUMENTED. X true true X false false false false false false false false false DENASUE POTESTIO PRESIDENT FOUNDATION 157368 0 0 0 421 0 30149 0 9096 0 197034 0 PART I, QUESTION 1A SOCIAL CLUB DUES, DENASUE POTESTIO, WAS TREATED AS TAXABLE COMPENSATION X 5 11875 DONOR ESTIMATE X 23 181654 FMV X 2 37231 OPINIONS OF EXPERTS X 1 75000 SELLING PRICE X 2 5150 COST X AUCTION ITEMS 194 36491 DONOR ESTIMATE X MISC. GOODS 5 390716 COST 1 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 In the event that there are not at least twenty-four (24) voting members of the Foundation at anytime, then the University Presidents Cabinet and the Board of Directors of the Alumni Association of Emporia State University shall jointly elect members to the Board of Trustees of the Foundation until such time as there are at least twenty-four (24) voting members. 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 $ 958,246 ACTUARIAL LOSS $(152,160) --------- $ 806,086 WA LARKIN - ESU ENDOWMENT ASSOC INC FUND 601 MERCHANT ST EMPORIA KS 66801 486254679 TRUST KS ESU FDN T 17158 275090 1.00000 true INEZ OWEN REVOCABLE TRUST PO BOX 419692 KANSAS CITY MO 64141 486293124 TRUST MO ESU FDN TRUST 55828 1460699 1.00000 true CHARLOTTE DAVIS TRUST 9400 MISSION RD PRAIRIE VILLAGE KS 66206 206869057 TRUST KS ESU FDN TRUST 24473 236698 1.00000 true MARY MORRIS TRUST 601 MERCHANT ST EMPORIA KS 66801 486254679 TRUST KS ESU FDN TRUST 0 158271 1.00000 true false false true false false false false false false false false false false false false false false false false