2014-02-20T09:39:17-06:00 2013-06-30 273858252 DEAN DORTON ALLEN FORD PLLC 106 W VINE STREET SUITE 600 LEXINGTON KY 40507 990 2012-07-01 237351574 KENTUCKY STATE UNIVERSITY FOUNDATION INC KENT 5028750187 PO BOX 4210 FRANKFORT KY 406044210 DONALD LYONS 5028750187 2014-02-13 1 LEIGH MCKEE P00169845 8592552341 2012 2015-11-30 17:44:51Z DONALD LYONS PO BOX 4210 FRANKFORT KY 406044210 2085150 0 X N/A X 1968 KY ADMINISTERING THE COLLECTION AND DISBURSEMENT OF SCHOLARSHIP FUNDS AND PROVIDING SUPPORT FOR THE ACADEMIC PROGRAMS AND ACTIVITIES OF KSU 22 21 2 50 0 0 660428 1517986 0 0 568234 391768 0 0 1228662 1909754 0 79436 0 0 36469 39831 0 0 0 580792 654747 617261 774014 611401 1135740 8258806 9986275 8124 9489 8250682 9976786 ADMINISTERING THE COLLECTION AND DISBURSEMENTS OF SCHOLARSHIP FUNDS TO ELIGIBLE STUDENTS AND PROVIDING MONETARY SUPPORT FOR THE ACADEMIC PROGRAMS AND ACTIVITIES OF KENTUCKY STATE UNIVERSITY 0 0 551318 79436 ADMINISTERING THE COLLECTION AND DISBURSEMENTS OF SCHOLARSHIP FUNDS TO ELIGIBLE STUDENTS AND PROVIDING MONETARY SUPPORT FOR THE ACADEMIC PROGRAMS AND ACTIVITIES OF KENTUCKY STATE UNIVERSITY 551318 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 KY X MR DONALD LYONS TREASURER 5028750187 118 DOUGLAS AVENUE FRANKFORT KY 406044210 DR LUTHER BURSE 0.00 X 0 0 0 TAVA T CLAY 0.00 X 0 0 0 KEVIN COOKE 0.00 X 0 0 0 A FRAZIER CURRY 0.00 X 0 0 0 VENITA HAWKINS 0.00 X 0 0 0 DONALD W LYONS 20.00 X 28385 0 0 JEFFREY MCDONALD 0.00 X 0 0 0 DR HERBERT WATKINS 0.00 X 0 0 0 NAOMI BARKLEY 0.00 X 0 0 0 DR CLIFFORD CLAIBORNE 0.00 X 0 0 0 ANN B GARVIN 0.00 X 0 0 0 DR LEE CHARLES HARRIS 0.00 X 0 0 0 CHARLES H LAMBERT 0.00 X 0 0 0 DR GEORGE MOORE 0.00 X 0 0 0 WILLIE E PEALE JR 0.00 X 0 0 0 LORETTA STEWART 0.00 X 0 0 0 LYTLE T DAVIS 0.00 X 0 0 0 NORMA J HOGAN 0.00 X 0 0 0 DR JOHNNY SHEPPARD 0.00 X 0 0 0 KATHLEEN SLOAN 0.00 X 0 0 0 PATRICIA W STONE 0.00 X 0 0 0 WILLIAM H MASON JR 0.00 X 0 0 0 28385 0 0 0 0 0 0 0 1517986 1517986 227759 227759 339405 175396 164009 164009 164009 1909754 0 0 391768 79436 79436 30000 30000 7000 7000 2831 2831 15778 15778 26576 26576 35544 35544 39269 39269 2953 2953 54237 54237 17718 17718 UNIVERSITY SUPPORT 326229 326229 STUDENT SUPPORT 86493 86493 OPERATING EXPENSES 45027 45027 DONOR CULTIVATION 4923 4923 774014 551318 222696 0 1031386 1966708 205926 142279 81365 63647 7111449 7178529 746188 34606 31203 8258806 9986275 8124 9489 8124 9489 X 290777 315740 1264132 6433260 6695773 3227786 8250682 9976786 8258806 9986275 1135740 590364 0 X X 0 1 X 1 0 X 1002045 604568 800712 660428 1517986 4585739 1002045 604568 800712 660428 1517986 4585739 1415781 3169958 176917 178798 191372 211494 227759 986340 5572079 0.56890 0.60770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6695773 82224 829761 215070 7392688 6372191 145448 325789 38630 22924 86101 6695773 5379462 340243 805673 23441 22156 107590 6372191 4966126 164159 414291 37875 20416 99323 5379462 4828935 570588 -239496 43804 46146 103951 4966126 0.44000 0.56000 0 0 65526 30002 35524 140400 112277 28123 63647 FEDERAL HOME LN BKS CONS BDS 746188 F 746188 X 2658994 590364 158876 749240 1909754 0 1909754 932890 158876 158876 774014 0 774014 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION UTILIZES ENDOWMENT FUNDS BASED ON LEGAL RESTRICTIONS SUCH AS SCHOLARSHIP REQUIREMENTS AND FUNDING ENDOWED CHAIR POSITIONS AT KENTUCKY STATE UNIVERSITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: KENTUCKY STATE UNIVERSITY FOUNDATION, INC., A NOT-FOR-PROFIT ORGANIZATION OPERATING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS GENERALLY EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES. THE FOUNDATION'S MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS ANY UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS RECORDED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2009. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTERFUND MANAGEMENT FEES 158,876. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTERFUND MANAGEMENT FEES 158,876. 1 ACADEMIC SCHOLARSHIPS FOR STUDENTS ATTENDING KENTUCKY STATE UNIVERSITY 58 79436 FMV PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FOUNDATION RECEIVES SCHOLARSHIP RECOMMENDATIONS FROM KENTUCKY STATE UNIVERSITY. THE FOUNDATION REVIEWS THE REQUEST TO ENSURE COMPLIANCE WITH THE SPECIFIC REQUIREMENTS OF THE UNDERLYING SCHOLARSHIP FUND. UPON APPROVAL BY THE FOUNDATION, THE USE OF THE SCHOLARSHIP FUNDS IS MONITORED THROUGH MEETINGS WITH KENTUCKY STATE UNIVERSITY PERSONNEL TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S TREASURER AND OUTSIDE ACCOUNTANT REVIEW THE FORM 990 PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES REVIEWS ITS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND REQUIRES ITS MEMBERS TO REPORT ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE COMPENSATION OF THE TREASURER ANNUALLY IN CONNECTION WITH THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIALS AVAILABLE TO THE PUBLIC ON REQUEST AND AT THE DISCRETION OF THE BOARD OF DIRECTORS AND MANAGEMENT. PART XII, LINE 2C THE ORGANIZATION MADE NO CHANGES IN THE OVERSIGHT PROCESS OR SELECTION PROCESS REGARDING THE INDEPENDENT AUDIT FUNCTION. KENTUCKY STATE UNIVERSITY 400 E MAIN STREET FRANKFORT KY 40601 PUBLIC UNIVERSITY KY 115 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0