2015-11-03T09:30:37-06:00 2015-06-30 420714325 MCGLADREY LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2014-07-01 237099379 APPALACHIAN STATE UNIVERSITY FOUNDATION INC APPA 8282622341 ASU BOX 32064 MCKINNEY ALUMNI CTR BOONE NC 286082064 SUSAN H PETTYJOHN PRESIDENT 8282622341 2015-10-27 1 ADRIENNE MCKINNEY P00819656 3362724551 2014 2016-04-25 22:37:26Z SUSAN H PETTYJOHN ASU BOX 32064 MCKINNEY ALUMNI CTR BOONE NC 286082064 101905563 0 X WWW.GIVE.APPSTATE.EDU/FND/ X 1970 NC TO PROVIDE SUPPORT TO APPALACHIAN STATE UNIVERSITY. 32 32 0 32 30412 0 16985951 21910741 57074 74497 2221577 8216551 280962 55998 19545564 30257787 10707723 11759189 0 0 0 0 22200 20400 1061318 1792062 1727576 12521985 13507165 7023579 16750622 122523194 131931653 7463669 6528484 115059525 125403169 X TO PROVIDE SUPPORT TO APPALACHIAN STATE UNIVERSITY. 0 0 5372517 5372517 11469 SUPPORT PROVIDED TO APPALACHIAN STATE UNIVERSITY TO SUPPORT ACADEMIC OPERATING BUDGETS, FACULTY AND STAFF SALARIES/SUPPLEMENTS AND OTHER EVENTS, AND IN-KIND DONATIONS. 2176798 2176798 623 SUPPORT PROVIDED TO APPALACHIAN STATE UNIVERSITY FOR SCHOLARSHIPS. 4203274 4203274 1140 PROGRAM AND SCHOLARSHIP SUPPORT PROVIDED TO APPALACHIAN STATE UNIVERSITY ATHLETICS. 358142 61265 ADDITIONAL SUPPORT TO APPALACHIAN STATE UNIVERSITY. 6600 6600 SUPPORT TO APPALACHIAN REAL ESTATE HOLDINGS, INC. 14445 OTHER 364742 6600 75710 12117331 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 21 0 0 1 1 0 0 0 0 1 1 0 0 0 0 X 32 32 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NC X LAURA CRANDALL 8282622341 ASU BOX 32064 MCKINNEY ALUMNI BOONE NC 28608 X BRADLEY T ADCOCK BOARD MEMBER 1.00 X 0 0 0 BRANDON T ADCOCK BOARD MEMBER 1.00 X 0 0 0 J CANTEY ALEXANDER III BOARD MEMBER 1.00 X 0 0 0 GEORGE G BEASLEY BOARD MEMBER 1.00 X 0 0 0 STEPHANIE L BILLINGS BOARD MEMBER 1.00 X 0 0 0 J KATHRYN BLANCHARD BOARD MEMBER 2.00 X 0 0 0 SUSAN M BRANCH BOARD MEMBER 1.00 X 0 0 0 THOMAS E CHANDLER JR TREASURER 3.00 X X 0 0 0 FAIRLEY BELL COOK BOARD MEMBER 1.00 X 0 0 0 EDNA W CUMMINGS BOARD MEMBER 1.00 X 0 0 0 HUGH M CUMMINGS IV BOARD MEMBER 1.00 X 0 0 0 JANE MORETZ EDMISTEN BOARD MEMBER 1.00 X 0 0 0 JACK L ELLEDGE BOARD MEMBER 1.00 X 0 0 0 CHARLENE W FOLEY BOARD MEMBER 1.00 X 0 0 0 HUGHLENE B FRANK SECRETARY 3.00 X X 0 0 0 ERIC S HOLLIFIELD BOARD MEMBER 1.00 X 0 0 0 CHARLENE A JOHNSON BOARD MEMBER 1.00 X 0 0 0 R VAUGHN HAYES CHAIR 3.00 X X 0 0 0 LIVIAN L JONES BOARD MEMBER 1.00 X 0 0 0 PAUL L KIZAKEVICH BOARD MEMBER 1.00 X 0 0 0 MITCHELL S LEMONS BOARD MEMBER 2.00 X 0 0 0 ROBIN A LESTER BOARD MEMBER 1.00 X 0 0 0 ENOLA G LINEBERGER BOARD MEMBER 1.00 X 0 0 0 HAL D LINGERFELT BOARD MEMBER 2.00 X 0 0 0 KAY C NORWOOD BOARD MEMBER 2.00 X 0 0 0 E JOSEPH PIACENTINO JR BOARD MEMBER 1.00 X 0 0 0 JAMES R PROFFIT VICE CHAIR 3.00 X X 0 0 0 JAMES K REAVES BOARD MEMBER 1.00 X 0 0 0 D KENAN SMITH BOARD MEMBER 1.00 X 0 0 0 LARRY D STONE BOARD MEMBER 1.00 X 0 0 0 C HUNTER WIDENER BOARD MEMBER 1.00 X 0 0 0 DAN R WILLIAMS BOARD MEMBER 2.00 X 0 0 0 SUSAN PETTYJOHN PRESIDENT 20.00 20.00 X 0 192794 14931 LAURA CRANDALL CHIEF FINANCIAL OFFICER 1.00 40.00 X 0 106880 15192 0 299674 30123 2 0 1 0 WELLS FARGO 100 NORTH MAIN STREET WINSTONSALEM NC 27101 FINANCIAL MANAGEMENT 130566 1 83945 21826796 579116 21910741 EVENT ADMISSIONS & MEALS 611710 41211 41211 OTHER PROGRAM REVENUE 900099 23147 23147 FLEET VEHICLE REVENUE 480000 10139 10139 74497 962929 29576 933353 40895 836 40059 78824303 5739 71564164 12256 7260139 -6517 7253622 7253622 33711 83945 61356 -27645 -27645 30000 10000 20000 20000 14445 0 14445 14445 MISCELLANEOUS 900099 8303 8303 8303 30257787 88942 30412 8227692 11759189 11759189 15226 6688 8538 37375 37375 20400 20400 228859 228859 26873 11464 15409 333244 86175 10735 236334 174094 33970 1719 138405 214597 52938 800 160859 SUPPLIES 431850 126914 2314 302622 FIXED CHARGES 118619 12811 37536 68272 CURRENT SERVICES 106364 27182 640 78542 OTHER 40475 40475 13507165 12117331 328516 1061318 2000 1000 1966907 3919198 22559718 28071533 47714 33980 4668 1754 12703 5163 6539000 0 6651785 6539000 67867488 9749784 23207485 83413928 202726 196313 122523194 131931653 179033 130545 434471 3590 4729156 4412035 2121009 1982314 7463669 6528484 X 6096499 6092461 46333711 54999821 62629315 64310887 115059525 125403169 122523194 131931653 X 16750622 -5983680 -423298 X X 0 1 X 1 0 X 13200698 20310249 12682891 16985951 21910741 85090530 13200698 20310249 12682891 16985951 21910741 85090530 2421700 82668830 1364743 1505976 1312949 1295981 973412 6453061 11303 1227 -20145 -19985 30412 2812 17838 1100837 3259 44448 8303 1174685 92721088 813725 0.89160 0.88890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74717509 2882348 960319 1135144 944199 76480833 66203931 3627602 6920223 865128 1169119 74717509 62826620 1582244 3687159 722856 1169236 66203931 67752577 2537936 -4365992 640351 2457550 62826620 57190594 3838537 8010008 481129 805433 67752577 0.02960 0.75280 0.21760 0 0 4642500 1884000 6526500 12500 12500 6539000 ALTERNATIVE INVESTMENTS 62601028 F BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 1549126 F SHORT TERM INVESTMENT FUND 19263774 F 83413928 SPLIT INTEREST AGREEMENT 1982314 1982314 X 26509009 -5983680 2603467 -201063 -3581276 30090285 228859 -61357 167502 30257787 16165365 2603467 283592 2887059 13278306 228859 228859 13507165 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIP AWARDS AND SUPPORT OF UNIVERSITY PROGRAMS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FILES FORM 990-T ANNUALLY AND REPORTS UNRELATED BUSINESS INCOME. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE -7,143. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -193,920. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF FUNDRAISING EXPENSES -61,357. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION OF FUNDRAISING EXPENSES 61,357. CHANGE IN RESERVE FOR BAD DEBTS 222,235. X X X X X X 1 WASHBURN & MCGOLDRICK 950 NEW LOUDON 210 LATHAM NY 12110 CONSULTING 0 0 14400 -14400 CROW FUNDRAISING CONCEPTS 8300 FAIRMONT DENVER CO 80247 CONSULTING 0 0 6000 -6000 20400 -20400 NC DINNER EVENT 22450 18380 4070 0 0 0 23199 0 0 GOLF TOURNAMENT 49650 34750 14900 0 0 0 8314 0 22023 4 45556 30815 14741 0 0 0 7820 117656 83945 33711 31513 29843 61356 -27645 30000 10000 0 30000 10000 10000 20000 NC 0 NORTH CAROLINA GENERAL STATUTE SEC. 14-309.15 PERMITS CERTAIN NONPROFIT ORGANIZATIONS TO CONDUCT TWO RAFFLES PER YEAR. A RAFFLE CONDUCTED PURSUANT TO THIS SECTION IS NOT VIOLATION OF STATE LAW. 0 0 0 1.00000 LAURA CRANDALL ASU BOX 32064 MCKINNEY ALUMNI CENTE BOONE NC 28608 0 RICK BEASLEY RICK BEASLEY, SENIOR ASSOCIATE ATHLETICS DIRECTOR AT APPALACHIAN STATE UNIVERSITY, COORDINATED THE RAFFLE. X 0 1 APPALACHIAN STATE UNIVERSITY OPERATIONS DEPARTMENT BOONE NC 28608 561176030 STATE GOV'T ENTITY 4919220 453296 FMV EQUIPMENT & SUPPLIES SUPPORT FOR APPALACHIAN STATE UNIVERSITY PROGRAMS AND STUDENTS. APPALACHIAN STATE UNIVERSITY SCHOLARSHIP SUPPORT BOONE NC 28608 561176030 STATE GOV'T ENTITY 2176798 SUPPORT FOR APPALACHIAN STATE UNIVERSITY SCHOLARSHIPS. APPALACHIAN STATE UNIVERSITY ATHLETIC FUND BOONE NC 28608 561176030 STATE GOV'T ENTITY 4140672 62602 FMV EQUIPMENT & SUPPLIES SUPPORT FOR APPALACHIAN STATE UNIVERSITY STUDENT ATHLETE SCHOLARSHIPS AND PROGRAMS. APPALACHIAN REAL ESTATE HOLDINGS MCKINNEY ALUMNI CENTER-ASU BOONE NC 28608 271877570 501(C)(3) 6600 GENERAL SUPPORT PART I, LINE 2: SCHOLARSHIPS AND FELLOWSHIPS ARE AWARDED TO APPALACHIAN STATE UNIVERSITY STUDENTS BY DEPARTMENTAL SELECTION COMMITTEES BASED ON THE AWARD CRITERIA FOR EACH AWARD. PROGRAM FUNDING IS ALSO AWARDED TO APPALACHIAN STATE UNIVERSITY IN ACCORDANCE WITH THE FUND CRITERIA. 0 0 0 0 0 0 0 0 0 SUSAN PETTYJOHN PRESIDENT 0 190984 0 0 0 1810 0 13069 0 1862 0 207725 0 0 X 14 97388 APPRAISAL X 42 257848 MARKET QUOTE X SUPPLIES & EQUIP 104 223880 FAIR MARKET VALUE 0 1 0 FORM 990, PART I, LINE 6, TOTAL NUMBER OF VOLUNTEERS: THE TOTAL NUMBER OF VOLUNTEERS IS REPRESENTATIVE OF THE NUMBER OF FOUNDATION BOARD MEMBERS (PUBLIC, EX-OFFICIO, VOTING AND HONORARY). FORM 990, PART VI, SECTION A, LINE 2 BRADLEY T. ADCOCK, EX OFFICIO, VOTING DIRECTOR AND BRANDON T. ADCOCK, DIRECTOR HAVE A FAMILY RELATIONSHIP. THE CHAIR OF APPALACHIAN STATE UNIVERSITY'S BOARD OF TRUSTEES SERVES AS AN EX-OFFICIO, VOTING MEMBER OF THE APPALACHIAN STATE UNIVERSITY FOUNDATION, INC. BOARD OF DIRECTORS. THE SON OF THE BOARD OF TRUSTEE'S CHAIR SERVES AS A DIRECTOR ON THE APPALACHIAN STATE UNIVERSITY FOUNDATION BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWS AND DISCUSSES THE FORM 990 WITH THE PREPARER AND THEN THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW, WITH THE EXCEPTION OF SCHEDULE B, WHICH THE BOARD MEMBERS WILL NOT BE ABLE TO REVIEW. THE RETURN IS FILED AFTER THE FORM 990 IS SENT TO THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION ATTORNEY MEETS WITH THE BOARD OF DIRECTORS ANNUALLY AT THE FEBRUARY MEETING TO REVIEW THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS RECEIVE THE CONFLICT OF INTEREST ANNUAL REPORTING STATEMENT AT THE MEETING FOR COMPLETION AND RETURN IT TO THE FOUNDATION OFFICE. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, LINES 15A AND 15B,PROCESS FOR DETERMINING COMPENSATION: THE FOUNDATION DOES NOT PAY ANY FORM OF COMPENSATION, RATHER EMPLOYEES OF APPALACHIAN STATE UNIVERSITY CARRYOUT THE REGULAR TASKS AND DUTIES OF THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE FOUNDATION ACCOUNTING OFFICE. FORM 990, PART VII, SECTION A, COLUMN F: THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN COLUMN F, PART VII AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -193,920. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE -7,143. CHANGE IN ALLOWANCE FOR BAD DEBT -222,235. FORM 990, PART XI, LINE 2C, AUDIT COMMITTEE: THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT. THE AUDIT COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED SINCE PRIOR YEAR. APPALACHIAN STATE UNIVERSITY APPALACHIAN STATE UNIVERSITY BOONE NC 28608 561176030 PUBLIC UNIVERSITY NC STATE GOV'T ENTITY N/A N/A 0 APPALACHIAN REAL ESTATE HOLDINGS INC PO BOX 32156 BOONE NC 28608 271877570 TO HOLD AND MANAGE REAL ESTATE INTERESTS FOR THE BENEFIT OF THE UNIVERSITY NC 501(C)(3) LINE 11A, I APPALACHIAN STATE UNIVERSITY 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0