2014-11-14T11:47:05-06:00 2014-06-30 371335003 Eck Schafer & Punke LLP 600 East Adams Springfield IL 627011624 990 2013-07-01 376046814 Western Illinois University Foundation WEST 3092981861 1 University Circle Sherman Hall No 303 Macomb IL 614551390 Bradley L Bainter Executive Officer 3092981861 2014-11-14 1 Brent Leach P00331592 2175251111 2013 2015-11-30 17:44:51Z Bradley L Bainter 1 University Circle Sherman Hall No 303 Macomb IL 614551390 13265663 0 X www.wiu.edu/foundation X 1946 IL The mission of the WIU Foundation is to maximize private support for Western Illinois University to assist in advancing its core values of academic excellence, educational opportunity, personal growth, and social responsibility. Private support enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service.Private assistance is sought and administered with the primary objective of serving purposes other than those for which the State of Illinois makes sufficient appropriations.These contributions, when added to State resources, add an extra dimension by supporting programs that might not otherwise be possible. Such generosity enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service. 24 24 0 400 149733 132989 5851066 7431874 0 0 1391731 4558516 777155 1044652 8019952 13035042 2558158 3136467 0 0 0 0 0 0 112446 3417004 4303223 5975162 7439690 2044790 5595352 50251373 59973076 666841 1061485 49584532 58911591 X Our mission is to maximize private support for Western Illinois University to assist in advancing its core values of academic excellence, educational opportunity, personal growth, and social responsibility. Private support enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service.Private assistance is sought and administered with the primary objective of serving purposes other than those for which the State of Illinois makes sufficient appropriations.These contributions, when added to State resources, add an extra dimension by supporting programs that might not otherwise be possible. Such generosity enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service. 0 0 3136467 3136467 Approximately, 2183 scholarships and 34 faculty & staff awards were distributed during the year. Grant totals: Scholarships: $2,588,167; Faculty awards and grants $54,424; Education: $493,876 TOTAL: $3,136,467. 3989366 University: Provided financial support to departments, instructions, research, special projects, and other designated areas to enhance a variety of university programs. 7125833 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 1 1 0 1 1 1 0 0 0 1 0 0 0 1 72 1 1 0 1 1 0 0 0 1 1 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X WIU Foundation Office 3092981861 1 University Circle Sherman Hall Macomb IL 614551390 James S Lodico President 0.60 X X 0 0 0 John D McMillan Vice-President/Treasurer 0.50 X X 0 0 0 Marlin L France Secretary 0.40 X X 0 0 0 Quinton D Baily Director 0.10 X 0 0 0 Larry T Balsamo Director 0.10 X 0 0 0 Robert K Baumann Director 0.10 X 0 0 0 Alfred D Boyer Director 0.10 X 0 0 0 Philip E Bradshaw Director 0.10 X 0 0 0 Patrick J Burke Director 0.10 X 0 0 0 Donald H Dexter Honorary Director 0.10 X 0 0 0 Donald W Dieke Director 0.10 X 0 0 0 Lorraine Epperson Director 0.10 X 0 0 0 Nicholas H Estes Director 0.10 X 0 0 0 James R Garner Director 0.10 X 0 0 0 Charles C Gilbert Director 0.10 X 0 0 0 John E Hallwas Director 0.10 X 0 0 0 William W Hamman Director 0.10 X 0 0 0 Burnell A Heinecke Honorary Director 0.10 X 0 0 0 Karen B Henderson Director 0.10 X 0 0 0 Lawrence J Horvath Director 0.10 X 0 0 0 Laura J Janus Director 0.10 X 0 0 0 Steven J McCann Director 0.10 X 0 0 0 J Dixson McRaven Honorary Director 0.10 X 0 0 0 David L Miller Director 0.10 X 0 0 0 Richard P Miller Honorary Director 0.10 X 0 0 0 Steven L Nelson Director 0.10 X 0 0 0 John C Shanklin Honorary Director 0.10 X 0 0 0 F Eugene Strode Director 0.10 X 0 0 0 Jacqueline K Thompson Director 0.10 X 0 0 0 Todd V Lester Past President 0.10 X 0 0 0 Ron G Peterson Director 0.10 X 0 0 0 Bradley L Bainter Executive Director 37.50 X 0 138114 21552 Holly Fecht non-voting, ex-officio Dir 37.50 X 0 52218 19577 0 190332 41129 0 0 1 0 Public Broadcasting Service 14400 Collections Center Drive Chicago IL 60693 Television Broadcasting 154293 Hammond Associates Institutional Fund C 701 Market Street Suite 1100 St Louis MO 63101 Consulting and Hedge Fund Fee 113808 2 46274 229500 7156100 519123 7431874 1533405 1533405 174375 174375 387847 2637264 0 0 387847 2637264 3025111 3025111 326389 46274 230621 95768 95768 Other income 900099 615630 624776 -9146 Farm income 111000 158879 158879 774509 13035042 624776 149733 4828659 548300 548300 2588167 2588167 29644 27059 2585 40300 40300 747068 636036 111032 97489 95497 50 1942 394775 376770 382 17623 59540 59540 283475 282197 706 572 36987 36878 10 99 26740 10842 15898 Taxes 109230 99200 10030 Other contractual servi 1560882 1473659 14919 72304 Equipment purchases/rem 440026 440026 Catering & food supplie 195646 177668 3060 14918 281421 273994 2439 4988 7439690 7125833 201411 112446 3562469 3541526 1767883 1618902 77556 79912 61085 2839 101968 90037 1105104 1105104 1105104 36997915 48661699 6577393 4873057 50251373 59973076 80825 107457 120352 399102 465664 554926 666841 1061485 X 17383383 20787106 10435479 12387075 21765670 25737410 49584532 58911591 50251373 59973076 X 5595352 3491718 239989 X 0 1 X 1 0 X 7423837 7973507 6581823 5851066 4731874 32562107 756437 561056 3476523 418270 165545 5377831 8180274 8534563 10058346 6269336 4897419 37939938 37939938 1208946 1450753 1514361 1549079 1707780 7430919 -1492 115216 203834 196202 149733 663493 427558 680694 467025 333325 624776 2533378 48567728 2034565 0.78120 0.79330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 32134249 1490601 10945311 1310039 39901 43220221 28422725 1257329 3191745 695663 41887 32134249 27875809 1792500 -33652 1178032 33900 28422725 23047720 888665 4239207 261779 38004 27875809 20449241 1344890 2191143 555003 335833 46718 23047720 0.30130 0.69870 0.00000 0 0 1105104 1105104 1105104 U.S. Treasury Notes 491639 F U.S. Treasury Bonds 104110 F U.S. Agency Obligations 195320 F Corporate Debt Obligations 2706695 F Corporate Equity Securities 78938 F International Equity Securities 2020502 F Cash Equivalents held in Investment Pools 332896 F Absolute Return Funds 8099006 F Open-ended Mutual Funds 6963480 F Private Equity 2421824 F Real Estate Exchange Traded Fund 3141142 F Equity Mutual Funds 8286690 F Municipal Bonds 626454 F Real Assets Tax-Exempt 2106892 F Mutual Funds, International Equity 9036891 F Mutual Funds, International Debt 2049220 F 48661699 Other receivables 109105 Charitable remainder trusts 4060421 Cash Surrender value of life insurance policies 703531 4873057 Annuities payable 312114 Due to WIU 128403 Charitable remainder trust distributions payable 114409 554926 16997370 3491718 470610 3962328 13035042 0 13035042 7670311 230621 230621 7439690 0 7439690 Part III, Line 4: A variety of items are donated to the Foundation for display or additions to existing collections - these collections become property of the University. Such items are available to students (and sometimes the public) for viewing for study and education about the materials donated. Such items provide students with education materials from eras in which they do not have direct experience. Part XI, Line 2d - Other Adjustments: Change in surrender value of life insurance 27,776. Special event expenses 230,621. Change in value of charitable remainder trusts 212,213. Part XII, Line 2d - Other Adjustments: Special event expenses 230,621. Schedule D, Part V, Line 4 Both quasi and true endowments funds are used to provide scholarship support, supplies support, travel abroad support, and various other forms of educational support for students and teachers at Western Illinois University. The majority of endowments provide scholarship support to students. LNC Gala 109389 54367 55022 15075 47468 Brew Ha Ha 104696 57791 46905 4924 70163 5 158578 75488 83090 525 14651 77815 372663 187646 185017 5449 29726 195446 230621 -45604 1 Western Illinois University 1 University Circle Macomb IL 61455 370910458 548300 FMV WIU faculty awards and grants, education 1 WIU Student Scholarships 2183 2588167 Part I, Line 2: Grants to individuals are in the form of scholarships. The Foundation generally applies those directly to student accounts to be applied to appropriate expenses. Grants made to Western Illinois University are monitored by Western Illinois University's internal audit department for compliance with state regulations. In addition, all expenditures require proper approval. X X 1 1 X X 0 0 0 0 0 0 0 0 0 Bradley L Bainter Executive Director 0 138114 0 0 0 0 0 12136 0 9416 0 159666 0 0 Part I, Line 1a Chartered travel for the year included a charter bus rental. Discretionary spending accounts: approval must be given for all expenditures. The internal audit department of Western Illinois University monitors expenditures. All expenditures must be accompanied by appropriate documentation, such as receipts. Lisa Krieg Lisa Krieg is a member of the WIU Foundation Board of Directors 100 Scholarship to Kayla Payne, niece of Lisa Krieg Education Terri Hare Terri Hare is an ex-officio member of the WIU Foundation 1000 Scholarship to Morgan Hare, daughter of Terri Hare Education Rick Carter Rick Carter is an ex-officio member of the WIU Foundation 3500 Scholarship to Rachel Carter, daughter of Rick Carter Education Todd Lester current Past President of the WIU Foundation Board 51000 Todd Lester purchased farm ground from the WIU Foundation at public auction. 0 Todd Lester current Past President of the WIU Foundation Board 43214 Todd Lester is President of Citizens Division of Morton Community Bank which WIU Foundation purchased services during the year. 0 X 16 38640 Fair market value X 14448 Fair market value X 34270 Fair market value X 35 80007 Fair market value X 75 11719 Fair market value X Other 79 69723 Fair market value X Equipment 11 53100 Fair market value X Gift Certific 182 30976 Fair market value X Semen 1 9200 Fair market value X Trees & Shrub 11 6195 Fair market value X Computer Equi 1 5000 Fair market value X Livestock 1 300 Fair market value 0 0 0 Form 990, Part VI, Section A, line 2 John McMillan (Board Director) is the husband of Cathy McMillan (Non-voting, Ex-Officio Director). Meredith Berg (Hancks) (Non-voting Ex-Officio Director) is the wife of Jeffrey Hancks (Non-voting Ex-Officio Director). Amy Spelman (Non-Voting Ex-Officio Director) is the wife of Bradley Bainter (Non-Voting Ex-Officio Director). John McMillan (Board Director-VP and Treasurer) and Doug March (Non-Voting Ex-Officio Director) are each lawyers and partial owners in the law firm of March, McMillan, DeJoode, and DuVall. In addition to non-voting Ex-Officio member, Bradley L. Bainter (Executive Director) serves as the Executive Officer of the Foundation. Form 990, Part VI, Section B, line 11 Foundation accountants provide documentation to the tax preparer to prepare the 990 form, including answers to "yes/no" questions. The tax preparer uses all information to prepare the 990. After the 990 is prepared, the accountants in the foundation review the return for any discrepancies. Once all discrepancies have been addressed with the tax preparer, the return is taken to the board (at minimum the executive committee) for review and comment. If no problems are noted, the return is ready for signing and processing. Form 990, Part VI, Section B, line 12c The board of directors discloses conflicts of interest annually. Form 990, Part VI, Section B, line 15 Employees of the Western Illinois University Foundation are paid by Western Illinois University (a related organization and governmental entity). Western Illinois University establishes all hiring procedures and pay policies for employees of the Western Illinois University Foundation. When employees are recruited, an Administrative Compensation Survey conducted by the College and University Processional Association from Human Resources (CUPA-HR) is used to get a salary range. However, the actual offer is based on an individual's qualifications. A search committee comprised of employees from various areas with various backgrounds is used during employee searches. Form 990, Part VI, Section C, line 19 990 Tax Forms from 2007 through the present are available at www.guidestar.com. Membership to Guide Star is free, and anyone wishes to see our tax forms are encouraged to visit this Website. Forms are also available by request to individuals who contact the Foundation office directly. The Foundation's audit report is also available on our Website through a link that will take you to our report, which is loaded on the Illinois Auditor General's Website. Form 990, Part VII James S. Lodico - 415 Ridge Drive, Geneseo, IL 61254. Marlin L. France - 821 South Pearl, Macomb, IL 61455. Quinton D. Baily - 309 E. Co. Hwy. 3, Table Grove, IL 61482. Larry T. Balsamo - 731 N Glen Oak Dr, Macomb, IL 61455. Robert K. Baumann - 2540 N 1800 Rd, Blandinsville, IL 62420. Alfred D. Boyer - 542 The Strand, Hermosa Beach, CA 90254. Philip E. Bradshaw - 29497 410th Street, Griggsville, IL 62340. Patrick J. Burke - 201 W. Carroll, Macomb, IL 61455. Donald W. Dieke - 601 East Jefferson, Macomb, IL 61455. Lorraine Epperson - 119 North Randolph, Macomb, IL 61455. Nicholas H. Estes - P.O. Box 503, Macomb, IL 61455. Charles C. Gilbert - P.O. Box 447, Nauvoo, IL 62354. John E. Hallwas - 404 S. Edwards, Macomb, IL 61455. William W. Hamman - 102 Amberwood Drive, Longwood, FL 32779-2143. Karen B. Henderson - 9520 N. 990th Road, Macomb, IL 61455. Lawrence J. Horvath - 401 N. Hershey Road, Bloomington, IL 61702. Laura J. Janus - 2 South Ridge Avenue, Arlington Heights, IL 60005-1708. Steven J. McCann - McGladrey, LLP, 201 N. Harrison, Ste. 300, Davenport, IA 52801-1999. David L. Miller - 505 East Grant, Suite 103, Macomb, IL 61455. Steven L. Nelson - 506 15th St, Ste 600, Moline, IL 61266-0719. F. Eugene Strode - R.R. 1 Box 66A, Frederick, IL 62639. Jacqueline K. Thompson - 830 Beverly Ave, Macomb, IL 61455. Todd V. Lester - 127 S Side Square, Macomb, IL 61455. Form 990, Part XI, line 9: Change in surrender value of life insurance 27,776. Change in value of charitable remainder trust 212,213. Western Illinois University 1 University Circle Macomb IL 61455 370910458 Education IL 115a N/A 0 0 1 1 0 0 0 1 0 0 0 0 1 0 1 1 1 0 1 0