2014-11-07T13:02:33-06:00 2014-06-30 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFFICE PARK SUITE 102 BRAINTREE MA 02184 990 2013-07-01 222678005 BRIDGEWATER STATE UNIVERSITY FOUNDATION BRID 5085312454 25 PARK TERRACE BRIDGEWATER MA 02325 BRENDA MOLIFE VP FOR UNIV ADVANCEMENT 5085315715 2014-10-30 1 DAVID A DIIULIS P00303577 6174711120 2014-10-21 2013 2015-11-30 17:44:51Z BRENDA MOLIFE 25 PARK TERRACE BRIDGEWATER MA 02325 6346328 0 X WWW.BRIDGEW.EDU X 1984 MA TO ASSIST BRIDGEWATER STATE UNIVERSITY IN ACHIEVING ITS GOAL OF EXCELLENCE IN ITS MAJOR FUNCTIONS OF TEACHING LEARNING AND RESEARCH IN THOSE EDUCATIONAL AREAS WHERE LITTLE OR NO STATE FUNDING IS AVAILABLE TO THE INSTITUTION. 35 35 0 35 0 0 1516556 1875076 0 0 621119 150331 47592 37635 2185267 2063042 1015743 1000179 0 0 0 0 0 0 72383 606615 387461 1622358 1387640 562909 675402 25186083 30055805 221256 292604 24964827 29763201 TO ASSIST BRIDGEWATER STATE UNIVERSITY IN ACHIEVING ITS GOAL OF EXCELLENCE IN ITS MAJOR FUNCTIONS OF TEACHING LEARNING AND RESEARCH IN THOSE EDUCATIONAL AREAS WHERE LITTLE OR NO STATE FUNDING IS AVAILABLE TO THE INSTITUTION. 0 0 537180 537180 EXPENSES WERE INCURRED TO AWARD STUDENT SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS OF BRIDGEWATER STATE UNIVERSITY 462999 462999 GIFTS TO BRIDGEWATER STATE UNIVERSITY TO ASSIST THE UNIVERSITY IN PROMOTING AREAS OF EDUCATION AND RESEARCH WHICH DO NOT RECEIVE STATE FUNDING 1000179 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X BRENDA MOLIFE 5085312454 25 PARK TERRACE BRIDGEWATER MA 02325 X THOMAS CARON CHAIR 0.50 X X 0 0 0 PETER CHASE BOARD MEMBER 0.50 X 0 0 0 TERRY COGAN BOARD MEMBER 0.50 X 0 0 0 DAVID DEEP BOARD MEMBER 0.50 X 0 0 0 JOHN HACKETT BOARD MEMBER 0.50 X 0 0 0 ALLEN LARSON ESQ PROPERTY CHAIR 0.50 X X 0 0 0 F SCOTT LONGO MEMBERSHIP CHAIR 0.50 X X 0 0 0 MARY MAHAN BOARD MEMBER 0.50 X 0 0 0 DAVID MESSALINE BOARD MEMBER 0.50 X 0 0 0 LOUIS RICCIARDI BOARD MEMBER 0.50 X 0 0 0 NOBO SIRCAR INVESTMENT CHAIR 0.50 X X 0 0 0 PAUL SILVIA ESQ BOARD MEMBER 0.50 X 0 0 0 DR MARY LOU THORNBURG VICE CHAIR 0.50 X X 0 0 0 DR ADRIAN TINSLEY BOARD MEMBER 0.50 X 0 0 0 ROBERT TODD BOARD MEMBER 0.50 X 0 0 0 ARMAND MARCHAND BOARD MEMBER 0.50 X 0 0 0 MARIE BARONI ALLEN BOARD MEMBER 0.50 X 0 0 0 GEORGE CHARBONNEAU BOARD MEMBER 0.50 X 0 0 0 RAYMOND BIGELOW TREASURER 0.50 X X 0 0 0 DR FRANK SHERRY BOARD MEMBER 0.50 X 0 0 0 DONALD VINCENT BOARD MEMBER 0.50 X 0 0 0 KEVIN ANDREWS BOARD MEMBER 0.50 X 0 0 0 CHRISTOPHER COONEY BOARD MEMBER 0.50 X 0 0 0 JOHN B CRUZ III BOARD MEMBER 0.50 X 0 0 0 JEREMY S DAVID ESQ BOARD MEMBER 0.50 X 0 0 0 DR JOSHUA HAMILTON BOARD MEMBER 0.50 X 0 0 0 CAROL SACCHETTI BOARD MEMBER 0.50 X 0 0 0 JULIETTE JOHNSON SECRETARY 0.50 X X 0 0 0 CAROLYN TURCHON BOARD MEMBER 0.50 X 0 0 0 ADAM CUPPLES BOARD MEMBER 0.50 X 0 0 0 PHIL DESILVA BOARD MEMBER 0.50 X 0 0 0 KATHY FLAHERTY AUDIT CHAIR 0.50 X X 0 0 0 JOSEPH ST LAURENT BOARD MEMBER 0.50 X 0 0 0 ANDREW SWIDERSKI STUDENT TRUSTEE 0.50 X 0 0 0 ANN ULETT BOARD MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 0 122294 1752782 539941 1875076 461284 461284 36000 0 36000 36000 36000 3940394 4251347 -310953 -310953 -310953 33574 122294 31939 1635 1635 2063042 -274953 0 462919 462999 462999 537180 537180 13200 13200 28274 28274 51375 51375 20297 20297 74 74 32979 32979 25301 25301 CHANGE IN SPLIT INTERES 92341 92341 HOSPITALITY 72383 72383 SPACE RENTAL 36000 36000 UNIFORMS 15237 15237 1387640 1000179 315078 72383 896353 590705 285016 880276 823438 693292 1383 501 1665114 485141 1212952 1179973 21966941 26285801 0 425257 25186083 30055805 78946 93423 142310 199181 221256 292604 X 11756096 14005150 3498905 5445348 9709826 10312703 24964827 29763201 25186083 30055805 675402 4122972 0 X X 0 1 X 1 0 X 1178612 1035110 3232220 1335741 1335135 8116818 34112 32973 58752 180815 134941 441593 1212724 1068083 3290972 1516556 1470076 8558411 8558411 381109 581904 687594 493123 497284 2641014 36006 30009 77308 41470 33574 218367 11417792 0.74960 0.76260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13208731 788995 2447589 -691074 3810 15758051 12103288 576717 1075788 -547062 13208731 12362255 755798 -477104 -537661 12103288 11678720 416134 1625352 -443718 -914233 12362255 11128085 494582 931047 -641184 -223810 11678720 0.65000 0.35000 0 0 327145 327145 1281464 431462 850002 56505 53679 2826 1179973 MUTUAL FUNDS 26285801 F 26285801 ANNUITY PAYABLE 198151 DUE TO BSU ALUMNI ASSOCIATION 1030 199181 X 6189679 4122972 31939 4154911 2034768 28274 28274 2063042 1391305 31939 31939 1359366 28274 28274 1387640 PART X, LINE 2: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES AS PRACTICED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A MORE LIKELY THAN NOT (MLTN) SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. INTEREST AND PENALTIES, IF ANY, RELATED TO ASSESSMENTS BY TAX AUTHORITIES WILL BE CLASSIFIED AS A COMPONENT OF INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY, IN THE STATEMENT OF ACTIVITIES. A TAX POSITION MAY BE CONSIDERED AS TAKEN ANY TIME A TAXPAYER CHOOSES AMONGST ALTERNATIVES THAT AFFECT THE AMOUNT OF THEIR TAX OBLIGATIONS AND INCLUDE FOR EXAMPLE: TAX EXEMPT STATUS; STATUS AS A PASS-THOUGH ENTITY (S CORPORATIONS); DECISIONS MADE IN THE PROCESS OF CONFORMING WITH TAX LAWS; DECISIONS NOT TO FILE IN CERTAIN JURISDICTIONS; ALLOCATION OF INCOME BETWEEN JURISDICTIONS AND THE CHARACTERIZATION OF INCOME OR EXPENSES. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. THE FOUNDATION HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX EXEMPT ENTITY UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. SINCE THE CONTINUANCE OF THIS STATUS IS BASED UPON CONTINUING QUALIFICATION, THE FOUNDATION HAS IDENTIFIED THIS AS A TAX POSITION. HOWEVER, IT HAS DETERMINED THAT THIS TAX POSITION MEETS MLTN SUSTAINABILITY AND DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES ALLOCATED TO NET INCOME FROM FUNDRAISING EVENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES ALLOCATED TO NET INCOME FROM FUNDRAISING EVENTS PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUND IS TO SUPPORT THE PROGRAMS OF THE FOUNDATION. CHAIRMAN'S DINNER 124062 101844 22218 9959 PRESIDENT'S GOLF TOURNAMENT 31806 20450 11356 5657 12726 3488 109 155868 122294 33574 5657 12726 3488 10068 31939 1635 1 BRIDGEWATER STATE UNIVERSITY 25 PARK TERRACE BRIDGEWATER MA 02325 043010428 115 401842 61157 FMV ARTWORK SUPPORT OF THE COLLEGE THROUGH THE ANNUAL FUND 1 SCHOLARSHIPS 263 537180 FMV SCHEDULE I, PART I, LINE 2 : THE FOUNDATION ENSURES THAT GRANT RECIPIENTS ARE ELIGIBLE FOR GRANTS BASED ON A SET OF ESTABLISHED CRITERIA. THE SELECTION CRITERIA IS REVIEWED ON A PERIODIC BASIS. X 10 61157 APPRAISAL VALUE X 1 9992 FMV AT CONTRIBUTION DATE X 2 405000 APPRAISAL VALUE X SODEXHO CAMPU 1 63792 ESTIMATED FOOD/BEV V 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FOUNDATION'S EXECUTIVE DIRECTOR DETAIL REVIEWS THE 990 PRIOR TO FILING. THE 990 IS MADE AVALIABLE TO ALL BOARD MEMBERS THROUGH A SECURE INTERNET PORTAL. ONCE APPROVED, THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS ON AN ANNUAL BASIS AT THE ANNUAL MEETING. COMPLIANCE AND ENFORCEMENT IS MONITORED AT THE ANNUAL MEETING AND MANDATED BY MASSACHUSETTS LAW. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE LOCATED AT 25 PARK TERRACE BRIDGEWATER, MA 02325 AND AVAILABLE UPON REQUEST FORM 990, PART XII, SECTION A, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE WHOSE PURPOSE IS THE OVERSIGHT AND REVIEW OF THE AUDITED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. BRIDGEWATER ALUMNI ASSOCIATION 25 PARK TERRACE BRIDGEWATER MA 02325 042199546 SCHOLARSHIPS AND GRANTS MA 501(C)(3) 5 N/A 0 BRIDGEWATER STATE UNIVERSITY 25 PARK TERRACE BRIDGEWATER MA 02325 043010428 HIGHER EDUCATION MA 115 N/A N/A 0 0 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 BRIDGEWATER STATE UNIVERSITY B 462999 BRIDGEWATER STATE UNIVERSITY J 36000 THE BRIDGEWATER ALUMNI ASSOCIATION O 0 BRIDGEWATER STATE UNIVERSITY O 455889 THE BRIDGEWATER ALUMNI ASSOCIATION N 0 BRIDGEWATER STATE UNIVERSITY N 0 BRIDGEWATER STATE UNIVERSITY M 0 THE BRIDGEWATER ALUMNI ASSOCIATION M 0 THE BRIDGEWATER ALUMNI ASSOCIATION B 0 THE BRIDGEWATER ALUMNI ASSOCIATION C 2500