2014-11-14T14:34:54-06:00 2014-06-30 341451668 ANNESS GERLACH & WILLIAMS CPA'S PO BOX 3827 YOUNGSTOWN OH 445133827 990 2013-07-01 346576610 YOUNGSTOWN STATE UNIVERSITY FOUNDATION YOUN 3309413211 606 WICK AVENUE YOUNGSTOWN OH 44502 PAUL MCFADDEN PRESIDENT 3309413211 2014-11-14 1 J JAMES GERLACH CPA P00172344 3307585716 2013 2015-11-30 17:44:51Z PAUL MCFADDEN 606 WICK AVENUE YOUNGSTOWN OH 44502 176216981 0 X YSUFOUNDATION.COM X 1966 OH TO SUPPORT YOUNGSTOWN STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS, LOANS & GRANTS TO STUDENTS & VARIOUS DEPARTMENTS. 41 41 12 0 0 0 2333460 3331947 0 0 20538690 7642610 0 0 22872150 10974557 7458161 8594900 0 0 376405 480439 0 0 155988 473738 1400579 8308304 10475918 14563846 498639 210770683 234748147 5149139 7406580 205621544 227341567 TO SUPPORT YOUNGSTOWN STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS, LOANS & GRANTS TO STUDENTS & VARIOUS DEPARTMENTS. 0 0 7394304 7394304 YOUNGSTOWN STATE UNIVERSITY FOUNDATION PROVIDES ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO APPROXIMATELY 3,600 ELIGIBLE GRADUATE AND UNDERGRADUATE STUDENTS AT YOUNGSTOWN STATE UNIVERSITY. 1200596 1200596 THE FOUNDATION ALSO PROVIDES GRANTS TO YOUNGSTOWN STATE UNIVERSITY FOR THE PURPOSE OF LECTURES AND SYMPOSIUMS AND FOR THE OPERATIONS OF VARIOUS DEPARTMENTS & CENTERS. 2275 THE FOUNDATION MAKES PENSION BENEFIT PAYMENTS TO 2 RETIRED FACULTY MEMBERS/BENEFICIARIES OF THE ORIGINAL YOUNGSTOWN UNIVERSITY. DUE TO A MERGER THE FOUNDATION IS A SUCCESSOR OBLIGOR. 8597175 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 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 X 0 0 12 1 0 1 CJ VI BD EI 0 0 0 0 0 0 0 0 X 41 41 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X X MR PAUL MCFADDEN 3309413211 606 WICK AVE YOUNGSTOWN OH 44502 EUGENIA ATKINSON TRUSTEE 0.00 X 0 0 0 PETER J ASIMAKOPOULOS TRUSTEE 0.00 X 0 0 0 GARY BITONTE TRUSTEE 0.00 X 0 0 0 ALAN BRANT TRUSTEE 0.00 X 0 0 0 LEE BURDMAN TRUSTEE 0.00 X 0 0 0 ANTHONY CAFARO SR TRUSTEE 0.00 X 0 0 0 THOMAS J CAVALIER TRUSTEE 0.00 X 0 0 0 YT CHIU JR TRUSTEE 0.00 X 0 0 0 ALAN W COPE TRUSTEE 0.00 X 0 0 0 REX A FERRY TRUSTEE 0.00 X 0 0 0 ELEANOR B FLAD TRUSTEE 0.00 X 0 0 0 THOMAS FLEMING CHAIRMAN/TRUSTEE 0.00 X X 0 0 0 FRANK HIERRO TRUSTEE 0.00 X 0 0 0 RICHARD J SCHIRALDI TRUSTEE 0.00 X 0 0 0 GARRY L MROZEK VICE CHAIRMAN/TRUSTEE 0.00 X X 0 0 0 THOMAS E NAUGHTON TRUSTEE 0.00 X 0 0 0 JOHN L POGUE SECRETARY/TRUSTEE 0.00 X X 0 0 0 WILLIAM R ROESTI TRUSTEE 0.00 X 0 0 0 WILLIAM A RUSSELL TRUSTEE 0.00 X 0 0 0 JAMES H SISEK TRUSTEE 0.00 X 0 0 0 CR SMITH JR TRUSTEE 0.00 X 0 0 0 RICHARD B THOMPSON TRUSTEE 0.00 X 0 0 0 MILLICENT S COUNTS TRUSTEE 0.00 X 0 0 0 FRANK C WATSON TRUSTEE 0.00 X 0 0 0 PAUL J WILLIAMS TREASURER/TRUSTEE 0.00 X X 0 0 0 WARREN P WILLIAMSON III TRUSTEE 0.00 X 0 0 0 JOCELYNE K LINSALATA TRUSTEE 0.00 X 0 0 0 ROBERT O'LEARY TRUSTEE 0.00 X 0 0 0 ANTHONY PAYIAVLAS TRUSTEE 0.00 X 0 0 0 BEN KECK TRUSTEE 0.00 X 0 0 0 CARL A NUNZIATO TRUSTEE 0.00 X 0 0 0 DOMENIC CONSTANTINI TRUSTEE 0.00 X 0 0 0 C REID SCHMUTZ TRUSTEE 0.00 X 0 0 0 SUDERSHAN K GARG TRUSTEE 0.00 X 0 0 0 RAYMOND J BRIYA TRUSTEE 0.00 X 0 0 0 ALFRED J FLEMING TRUSTEE 0.00 X 0 0 0 NATHANIEL R JONES TRUSTEE 0.00 X 0 0 0 WILLIAM POOLE TRUSTEE 0.00 X 0 0 0 THEODORE SCHMIDT TRUSTEE 0.00 X 0 0 0 ANDREW WELLER TRUSTEE 0.00 X 0 0 0 MARY PAT SALOMONE TRUSTEE 0.00 X 0 0 0 PAUL MCFADDEN PRESIDENT 40.00 X 141185 0 31495 141185 0 31495 1 0 1 0 0 3331947 384097 3331947 2848423 2848423 170036611 165242424 4794187 4794187 4794187 10974557 0 0 7642610 8594900 8594900 172680 135179 37501 233831 192120 41711 15180 12260 2920 34987 2275 28541 4171 23761 18296 5465 12401 12401 69796 69796 1092374 1092374 64220 64220 59613 59613 1030 1030 13000 13000 59681 59681 4294 4294 5450 5450 DUES AND SUBSCRIPTIONS 11912 11912 MISCELLANEOUS 6808 6808 10475918 8597175 1722755 155988 26 25 117252031 8746564 8316 3977 62973 47686 19581 15287 91399714 225208524 2091015 773770 210770683 234748147 4398 12276 5144741 7394304 5149139 7406580 X 150854816 164650540 2748261 1981323 52018467 60709704 205621544 227341567 210770683 234748147 498639 22598252 -1376868 0 X X 0 1 X 1 0 X 1881465 2109463 2352041 2333460 3331947 12008376 1881465 2109463 2352041 2333460 3331947 12008376 12008376 5449975 5773782 5884496 6009868 2848423 25966544 37974920 0.31620 0.27260 X FORM 990, SCHEDULE A, PAGE 2, SECTION C, LINE 17A:YOUNGSTOWN STATE UNIVERSITY FOUNDATION HAS MET THE 10% "FACTS AND CIRCUMSTANCES" TEST UNDER TREASURY REGULATIONS SECTIONS 1.509(A)-2(A) AND 1.170A-9(F)(3) BECAUSE:- IT HAS RECEIVED 31.6% OF PUBLIC SUPPORT DURING THE APPLICABLE FIVE-YEAR COMPUTATION PERIOD- IT HAS A COMMUNITY BASED BOARD- IT CONDUCTS A CONTINUOUS PROGRAM TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 205352224 3248436 30070594 10539193 228132061 184759583 2227881 24500250 6135490 205352224 180099982 1806560 8760700 5907659 184759583 148598282 1722670 35893150 6114120 180099982 135342188 1545918 17438563 5728387 148598282 0.72520 0.26610 0.00870 0 0 62973 47686 15287 15287 X 33600572 22598252 27763 22626015 10974557 0 10974557 10503681 27763 27763 10475918 0 10475918 PART V, LINE 4: THE ORGANIZATION'S USE OF ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIP AND OTHER SPECIFIED USES FOR THE BENEFIT OF YOUNGSTOWN STATE UNIVERSITY ITS STUDENTS AND RELATED ACTIVITIES AND PROGRAMS. PART X, LINE 2: THE PROVISIONS OF "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE AMOUNT OF BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES ACCRUED RELATED TO UNRECOGNIZED TAX UNCERTAINTIES, IF ANY, IN INCOME TAX EXPENSE. AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD, THE FOUNDATION DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LIFE INSURANCE PREMIUMS PART XII, LINE 2D - OTHER ADJUSTMENTS: LIFE INSURANCE PREMIUMS CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 45786000 EUROPE (INCLUDING ICELAND AND GREENLAND) INVESTMENTS 2606000 0 0 0 0 0 0 48392000 0 48392000 1 0 0 0 0 0 1 YOUNGSTOWN STATE UNIVERSITY ONE UNIVERSITY PLAZA YOUNGSTOWN OH 44555 341011998 170(B)(I)(A)(II) 8594900 TO EXCLUSIVELY SUPPORT YOUNGSTOWN STATE UNIVERSITY. 1 0 PART I, LINE 2: THE FOUNDATION EXCLUSIVELY SUPPORTS YOUNGSTOWN STATE UNIVERSITY WHICH IS LOCATED WITHIN THE UNITED STATES. X 1 1 X X X 0 0 0 0 0 0 0 0 0 PAUL MCFADDEN PRESIDENT 141185 0 0 0 0 0 9883 0 21612 0 172680 0 0 0 PART I, LINE 1A THE BENEFIT OF SOCIAL CLUB DUES WERE USED STRICTLY FOR PROMOTION AND FUNDRAISING PURPOSES TO THE SUPPORT THE MISSION ACTIVITY OF THE ORGANIZATION AND WERE RECEIVED BY PAUL MCFADDEN, PRESIDENT. THE BENEFIT OF THE SOCIAL CLUB DUES WERE NOT TREATED AS TAXABLE COMPENSATION. X 8 384097 MARKET QUOTATIONS 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 IRS FORM 990 IS REVIEWED AND APPROVED BY THE FOUNDATION'S INVESTMENT COMMITTEE, 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 UPON ELECTION. CONFLICTS OF INTEREST ARE IDENTIFIED DURING BOARD MEETINGS BY THE TRUSTEES. ALSO, THE PRESIDENT MONITORS THE CONFLICTS OF INTEREST THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE FULL BOARD OF TRUSTEES AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 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.