2015-06-08T08:40:45-05:00 2014-09-30 454084437 WARREN AVERETT LLC 3815 INTERSTATE CT MONTGOMERY AL 36109 990 2013-10-01 636067755 TROY UNIVERSITY FOUNDATION TROY 3346703000 ADAMS ADMINISTRATION BUILDING NO 241 TROY STATE UNIVERSITY AL 36082 DR JAMES BOOKOUT TREASURER 3346703000 2015-05-04 1 TATIA W KNIGHT CPA P00848736 3342712200 2015-04-30 2013 2016-03-07 17:11:31Z DR JAMES BOOKOUT 241 ADAMS ADMINISTRATION TROY AL 36082 45807826 0 X WWW.TROY.EDU/DEVELOPMENT/FOUNDATION X 1968 AL SUPPORT OF TROY UNIVERSITY STUDENTS, FACULTY, STAFF AND ALUMNI 22 22 1 18 107403 69724 3861503 4902210 1656474 2702085 1053841 1498377 2364932 2937224 8936750 12039896 3143836 6834258 0 0 53816 53816 0 0 0 3808359 4309910 7006011 11197984 1930739 841912 114166960 128524769 51113105 62357532 63053855 66167237 TO ASSIST TROY UNIVERSITY IN BUILDING ITS ENDOWMENT THROUGH A COORDINATED DONOR PROGRAM AND SOUND INVESTMENT POLICY THEREBY ENSURING RELIABLE RESOURCES FOR THE FUTURE. 0 0 7771244 6834258 5528251 SUPPORT OF TROY UNIVERSITY SYSTEM ACADEMICS, LIBRARY, FACULTY, STAFF, ALUMNI AND STUDENT PROGRAMS FOR APPROXIMATELY 15,000 STUDENTS AND 100,000 ALUMNI. 7771244 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 15 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 X 22 22 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 AL X X DR JAMES BOOKOUT 3346703108 ADAMS ADMINISTRATION BUILDING TROY AL 36082 X DR JAMES R ANDREWS EMERITUS 1.00 X 0 0 0 DR JAMES BOOKOUT TREASURER 1.00 X X 0 0 0 HORACE HORN BOARD MEMBER 1.00 X 0 0 0 JERRY WILLIAMS BOARD MEMBER (ALUMNI) 1.00 X 0 0 0 KAREN CARTER CHAIRMAN 1.00 X X 0 0 0 DAVID MALLACH BOARD MEMBER 1.00 X 0 0 0 RONALD DEVANE BOARD MEMBER 1.00 X 0 0 0 DR JEFFREY DUGAS BOARD MEMBER 1.00 X 0 0 0 DR JACK HAWKINS PRESIDENT 1.00 X X 0 0 0 LARRY HUGHES VICE-CHAIR 1.00 X X 0 0 0 JOHN R FERGUSON BOARD MEMBER 1.00 X 0 0 0 DR MANLEY JOHNSON BOARD MEMBER 1.00 X 0 0 0 DR JEAN LALIBERTE VICE PRESIDENT/SECRETARY 1.00 X X 0 0 0 DOUG MIMS BOARD MEMBER 1.00 X 0 0 0 DR HARREL MCKINNEY BOARD MEMBER 1.00 X 0 0 0 RANDALL MOORE BOARD MEMBER 1.00 X 0 0 0 DR AMY MORRIS BOARD MEMBER 1.00 X 0 0 0 CLAUDENE NICHOLS BOARD MEMBER 1.00 X 0 0 0 MAJOR GEN WALTER GIVHAN EXECUTIVE VICE PRESIDENT 1.00 X X 0 0 0 H WILLIAM WASDEN BOARD MEMBER 1.00 X 0 0 0 ROY DRINKARD BOARD MEMBER 1.00 X 0 0 0 DR EARL JOHNSON BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 PROGRASS LLC 960 PENN AVENUE 8TH FLOOR PITTSBURGH PA 15222 LANDSCAPE 253208 ROCKBRIDGE SPORTS MEDIA & ENTERTAINMEN 2660 EAST CHASE L1 VILLAGE GREEN CI CHARLOTTESVILLE VA 22903 MANAGEMENT 223619 COVENANT STEEL WAREHOUSE INC 4528 WESTGATE PKWY DOTHAN AL 36303 CONSTRUCTION 118593 BASKETBALL TRAVELERS INC 1222 N 185TH ST SUITE 100 SHORELINE WA 98133 EVENT MANAGEMENT 107177 CAMPBELLSVILLE INDUSTRIES PO BOX 275-W CAMPBELLSVILLE KY 42719 CONSTRUCTION 104761 5 80578 4821632 191677 4902210 RENTAL INCOME 900099 2702085 2702085 2702085 1124245 1124245 317000 209597 107403 107403 107403 33765049 33390917 374132 374132 374132 171071 80578 167416 3655 3655 OTHER INCOME 900099 2560219 2560219 AFFINITY CARD AND ROYALTIES 900099 165301 165301 VENDING COMMISSIONS 900099 100646 100646 2826166 12039896 5528251 107403 1502032 6834258 6834258 49992 49992 3824 3824 605 605 59464 6418 53046 40500 20000 20500 42305 754 41551 124863 46521 78342 105624 105624 136669 22267 114402 31792 700 31092 1329752 13005 1316747 945623 945623 24290 687 23603 CONTRACT SERVICES 307108 236662 70446 ATHLETICS 238037 238037 REPAIRS & MAINTENANCE 214546 30523 184023 REFUNDS 152410 150250 2160 556322 171162 385160 11197984 7771244 3426740 0 161449 167895 19767167 20394501 2699847 2631567 616805 1695236 23775 25148 43562088 6290647 37399517 37271441 50669881 64393118 2828519 1945863 114166960 128524769 438311 699790 2083549 3128512 14211211 24562176 10049457 10296652 24330577 23670402 51113105 62357532 X 15670175 16667589 28699457 29237344 18684223 20262304 63053855 66167237 114166960 128524769 X 841912 2277996 -6526 X 0 1 X 1 0 X 2531276 3608387 6154168 3861503 4821631 20976965 2531276 3608387 6154168 3861503 4821631 20976965 2063057 18913908 863896 852463 1129860 1587551 2717497 7151267 28128232 0.67240 0.68080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81250 X 0 0 1 X 38616283 1851506 3353444 832160 42989073 34335123 648407 4202107 569354 38616283 29111165 759063 4891219 426324 34335123 27290336 1825982 364588 369741 29111165 24661184 534392 2432092 337332 27290336 0.23000 0.77000 0.00000 0 0 341898 1929960 2271858 39867673 5116351 34751322 1341307 1174296 167011 81250 81250 37271441 GIFT ANNUITY LIABILITY 99365 CAPITAL LEASE OBLIGATION 19073387 NOTES PAYABLE 4497650 23670402 X 14676605 2277996 1231 391544 2670771 12005834 34062 34062 12039896 11563223 1231 377013 378244 11184979 13005 13005 11197984 PART IV, LINE 2B: THE FOUNDATION SERVES AS CUSTODIAN FOR A TITLE III GRANT FOR THE DOTHAN CAMPUS OF TROY UNIVERSITY TOTALING $578,350. THE FOUNDATION HOLDS ESCROW FUNDS FOR CERTAIN FRATERNITIES TOTALING $135,376. THE FOUNDATION ADMINISTERS FUNDS FOR INTERNATIONAL STUDENTS TOTALING $756,900. TROY UNIVERSITY INVESTED $20,000,000 IN THE FOUNDATION'S POOLED ENDOWMENT. THE TOTAL BALANCE AT SEPTEMBER 30, 2014 WAS $22,355,870. CENTER SERVICES, INC. (CSI) INVESTED $526,700 IN THE FOUNDATION'S POOLED ENDOWMENT. THE TOTAL BALANCE AT SEPTEMBER 30, 2014 WAS $675,847. PART V, LINE 4: THE FOUNDATION ESTABLISHES ENDOWED FUNDS TO SUPPORT DONOR(S) PURPOSES IN PERPETUITY. GIFTS OF CASH OR CASH GENERATED FROM CONVERSION OF A NON-CASH ASSET ARE INVESTED IN THE TROY FOUNDATION ENDOWED INVESTMENT POOL. IT IS THE GOAL OF THE FOUNDATION ENDOWMENT INVESTMENT POLICY TO PROVIDE A REAL TOTAL RETURN FROM ASSETS INVESTED THAT WILL PRESERVE AND INCREASE THE PURCHASING POWER OF THE ENDOWMENT CAPITAL, WHILE GENERATING THE MAXIMUM YIELD TO SUPPORT THE ACTIVITIES OF THE FUNDS HELD FOR THE COLLEGES, SCHOOLS, DEPARTMENTS, UNITS AND PROGRAMS OF THE UNIVERSITY. PART X, LINE 2: THE FOUNDATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CERTAIN TYPES OF INCOME MAY BE SUBJECT TO TAX FROM UNRELATED BUSINESS INCOME AS DEFINED BY THE TAX CODE. AT TIMES, THE FOUNDATION RECEIVES ROYALTY AND OTHER INCOME THAT MAY BE TAXABLE. DURING THE FISCAL YEAR 2014, THE FOUNDATION PAID APPROXIMATELY $17,000 IN UNRELATED BUSINESS INCOME TAX FOR TAXABLE INCOME GENERATED IN FISCAL YEAR 2014. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES. AS OF SEPTEMBER 30, 2014 AND 2013, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE FOUNDATION HAS FILED ITS TAX RETURNS THROUGH SEPTEMBER 30, 2012. THE TAX RETURNS FOR YEARS ENDED SEPTEMBER 30, 2011 AND THEREAFTER ARE SUBJECT TO AUDIT BY THE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 14,531. FUNDRAISING EXPENSES 167,416. RENTAL EXPENSES 209,597. PART XI, LINE 4B - OTHER ADJUSTMENTS: DISTRIBUTIONS FROM PERPETUAL TRUST 34,062. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 167,416. RENTAL EXPENSES 209,597. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST COMPONENT OF SPLIT INTEREST AGREEMENTS 13,005. FOOTBALL APPRECIATION NIGHT 38910 38910 12984 SOUND OF THE SOUTH SEUS CLINIC 46998 46998 8001 15900 7 157272 80578 76694 5809 9198 109752 243180 80578 162602 13810 9198 138636 161644 958 1 TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 634605 STUDENT SCHOLARSHIPS TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 227867 EMINENT SCHOLAR PROFESSORSHIPS TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 1218578 ATHLETIC DEPARTMENT TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 4753208 OTHER EXPENSES PART I, LINE 2: THE CHANCELLOR, EXECUTIVE VICE CHANCELLOR, SENIOR VICE CHANCELLORS AND VICE CHANCELLORS ARE SOLELY RESPONSIBLE FOR DISBURSEMENTS FROM FUNDS WHICH THEY CONTROL. UPON APPROVAL OF THE APPROPRIATE AUTHORITY, THE DEAN OR DIRECTOR OF A COLLEGE, SCHOOL, DEPARTMENT, UNIT OR PROGRAM IS RESPONSIBLE FOR RECOMMENDING APPROVAL OF ALL FOUNDATION DISBURSEMENTS FROM THE APPROPRIATE FUNDS. FINAL EXPENDITURE OF FOUNDATION FUNDS REQUIRES THE APPROVAL OF THE ASSOCIATE VICE CHANCELLOR FOR DEVELOPMENT AND THE TREASURER FOR DISBURSEMENTS OF LESS THAN $500. FOR DISBURSEMENTS GREATER THAN $500, THE APPROVAL OF THE SENIOR VICE CHANCELLOR FOR ADMINISTRATION AND THE CHANCELLOR IS REQUIRED. X 2 65000 APPRAISAL X 1 1677 FAIR MARKET VALUE X 1 125000 APPRAISAL 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DR. JAMES BOOKOUT, DR. JACK HAWKINS,MAJOR GEN. WALTER GIVHAN, AND DR. JEAN LALIBERTE - BUSINESS RELATIONSHIP DR. JAMES ANDREWS AND DR. JEFFREY DUGAS - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 THE TREASURER, VICE PRESIDENT, AND SECRETARY OF THE FOUNDATION REVIEWED THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE FOUNDATION OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -6,526. TROY UNIVERSITY HOUSING LLC 260 ADAMS ADMINISTRATION BUILDING TROY AL 36079 636067755 BUYING, SELLING, AND LEASING REAL AND PERSONAL PROPERTY AL 1524057 18096344 TROY UNIVERSITY FOUNDATION