2014-11-13T14:41:21-06:00 2014-06-30 520783935 SMITH ELLIOTT KEARNS & COMPANY LLC 480 N POTOMAC ST HAGERSTOWN MD 21740 990 2013-07-01 556020064 SHEPHERD UNIVERSITY FOUNDATION INC SHEP 3048765391 PO BOX 5000 SHEPHERDSTOWN WV 25443 MONICA W LINGENFELTER EXECUTIVE VICE PRESIDENT 3048765391 2014-11-10 WILLIAM F FRITTS II CPA P00003567 3017335020 2014-11-10 2013 2015-11-30 17:44:51Z MONICA W LINGENFELTER MCMURRAN HALL SHEPHERDSTOWN WV 25443 11787072 false X WWW.SHEPHERD.EDU/FNDTNWEB/ X 1961 WV PROVIDE SCHOLARSHIPS AND AWARDS FOR STUDENTS ATTENDING SHEPHERD UNIVERSITY, SHEPHERDSTOWN, WV AND PROVIDE ASSISTANCE AND SUPPORT FOR FACULTY, FACILITIES AND PROGRAMS OF THE UNIVERSITY. 27 27 5 92 0 1972867 4894536 0 444049 527706 20224 25073 2437140 5447315 1313537 1315523 0 345342 364169 0 0 275212 288380 1934091 1968072 503049 3479243 26201049 30736312 2947133 2622459 23253916 28113853 PROVIDE SCHOLARSHIPS AND AWARDS FOR STUDENTS ATTENDING SHEPHERD UNIVERSITY, SHEPHERDSTOWN, WV AND PROVIDE ASSISTANCE AND SUPPORT FOR FACULTY, FACILITIES AND PROGRAMS OF THE UNIVERSITY. false false 1230237 1230237 SCHOLARSHIPS & AWARDS - SHEPHERD UNIVERSITY STUDENTS 85286 85286 GENERAL UNIVERSITY SUPPORT 1315523 true true false false false false false false true true true false false false true true true false false false false false false false true false false true true false false false false false false false false false true true false false false false false false false true 10 0 true 5 false false false false false false false false false false false false false X 27 27 false false false false false false false true true false false true true true true true true true false false X X X MONICA W LINGENFELTER 3048765397 SHEPHERD UNIVERSITY SHEPHERDSTOWN WV 25443 MICHAEL A SMITH PRESIDENT 5.00 X X 0 0 0 RAMON A ALVAREZ VICE-PRESIDE 3.00 X X 0 0 0 ALLENL LUECK SECRETARY 1.00 X X 0 0 0 JULIA M CONNELL TREASURER 1.00 X X 0 0 0 ELIZABETH S LOWE DIRECTOR 1.00 X 0 0 0 DAVID B WING DIRECTOR 1.00 X 0 0 0 WILLIAM E KNODE DIRECTOR 1.00 X 0 0 0 DAVID T NEWLIN DIRECTOR 1.00 X 0 0 0 CINDA L SCALES DIRECTOR 1.00 X 0 0 0 ANDREW D MICHAEL DIRECTOR 1.00 X 0 0 0 KENNETH J BOONE DIRECTOR 1.00 X 0 0 0 SUSAN MENTZER-BLAIR DIRECTOR 1.00 X 0 0 0 KENNETH E HARBAUGH DIRECTOR 1.00 X 0 0 0 SUZANNE SHIPLEY DIRECTOR-AT- 1.00 X 0 0 0 LARRY A STRITE DIRECTOR 1.00 X 0 0 0 KARL L WOLF DIRECTOR-AT- 1.00 X 0 0 0 JERRY W WILLIAMS DIRECTOR 1.00 X 0 0 0 JOHN F BEATTY DIRECTOR 1.00 X 0 0 0 TONY W PRICE DIRECTOR 1.00 X 0 0 0 JOHN T REYNOLDS DIRECTOR 1.00 X 0 0 0 JERRY P KERR DIRECTOR 1.00 X 0 0 0 STEPHEN G SKINNER DIRECTOR 1.00 X 0 0 0 DIANE E MELBY DIRECTOR-AT- 1.00 X 0 0 0 TIMOTHY MCSHEA DIRECTOR 1.00 X 0 0 0 CHRISTOPHER S COLBERT DIRECTOR-AT- 1.00 X 0 0 0 J DAVID RICKARD DIRECTOR 1.00 X 0 0 0 MARY ELIZABETH OATES DIRECTOR 1.00 X 0 0 0 GINA M MILLER DIRECTOR 1.00 X 0 0 0 MELINDA MERK DIRECTOR 1.00 X 0 0 0 DR HEIDI M HANRAHAN DIRECTOR 1.00 X 0 0 0 WANDA G SMITH DIRECTOR-AT- 1.00 X 0 0 0 MONICA W LINGENFELTER EXECUTIVE VI 40.00 X 122080 0 8469 CATHY NEVY COMPTROLLER 40.00 X 70334 0 1608 192414 10077 1 false false false 4894536 50064 4894536 501496 501496 6314263 28157 6223210 93000 91053 -64843 26210 26210 48620 23547 25073 25073 5447315 552779 85286 85286 1230237 1230237 202491 202491 119723 119723 1900 1900 16584 16584 23471 23471 8239 8239 21530 21530 158993 158993 1570 1570 51553 51553 1225 1225 16289 16289 1165 1165 5571 5571 CHANGE IN GIFT ANNUITIES 12025 12025 PLEDGES WRITTEN OFF 4333 4333 SHINDLER HOUSE 4005 4005 ADMINISTRATIVE 936 936 946 946 1968072 1315523 652549 0 2812378 2505383 189563 3324650 32843 3319 1582 227047 95302 224915 131745 22640539 24403892 287234 302653 43101 33564 26201049 30736312 6530 9056 2772324 2444417 168279 168986 2947133 2622459 X -3016065 -2388213 3001964 6364814 23268017 24137252 23253916 28113853 26201049 30736312 3479243 1411973 -31279 X false true X true false X 2477462 1860110 2295280 1972867 4894536 13500255 2477462 1860110 2295280 1972867 4894536 13500255 2910978 10589277 407088 518522 602187 533172 501496 2562465 5371 5371 16068091 0.65900 0.54220 X PART II, LINE 10 MISCELLANEOUS 5,371 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 23268017 849076 20159 24137252 22071980 1180821 15216 23268017 20578440 1488412 18174 13046 22071980 20073694 493810 18357 7421 20578440 18414728 1642449 18400 1883 20073694 1.00000 false false 40000 40000 160202 75428 84774 26845 19874 6971 131745 GIFT ANNUITIES PAYABLE 168986 168986 X 6881653 1411973 22365 1434338 5447315 5447315 1990437 22365 22365 1968072 1968072 SCHEDULE D, PAGE 2, PART IV, LINE 2B CUSTODIAL ACCOUNTS REPRESENTING FUNDS HELD BY THE FOUNDATION ON BEHALF OF SHEPHERD UNIVERSITY AND/OR DEPARTMENTS OF THE UNIVERSITY ARE REPORTED AS CUSTODIAL LIABILITIES. THE FOUNDATION IS RESPONSIBLE FOR THE MANAGEMENT AND ADMINISTRATION OF THESE FUNDS. SCHEDULE D, PAGE 2, PART V, LINE 4 THE FOUNDATION'S ENDOWMENTS CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED TO PROVIDE INVESTMENT INCOME FOR THE FOUNDATION'S OPERATIONS. SCHEDULE D, PAGE 3, PART X THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS THEREFORE EXEMPT FROM FEDERAL INCOME TAX. THE FOUNDATION FOLLOWS THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2014 AND JUNE 30, 2013, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. GENERALLY, THE TAX YEARS BEFORE 2011 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES. GALA EVENT 48585 48585 14008 3200 1830 48585 48585 14008 3200 1830 19038 29547 false SHEPHERD UNIVERSITY 301 NORTH KING STREET SHEPHERDSTOWN WV 25443 556000799 85286 GENERAL EXPENSES SCHOLARSHIPS & AWARDS FOR 600 1230237 X 1198 ESTIMATED FMV X 1 23268 FMV - NYSE X 1 15420 FMV X PORC DINNER SET 1 8125 ESTIMATED FMV X SILENT AUCTION 1 1310 ESTIMATED FMV X GIFT CERTIFICAT 1 220 ESTIMATED FMV X RECOGN DINNER 1 523 ESTIMATED FMV false false false FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED AND SIGNED BY THE EXECUTIVE VICE PRESIDENT. THE FORM 990 IS DISTRIBUTED ELECTRONICALLY TO THE EXECUTIVE AND AUDIT COMMITTEES FOR REVIEW BEFORE RETURN IS FILED. THE PUBLIC DISCLOSURE COPY IS KEPT ON FILE IN THE SHEPHERD UNIVERSITY FOUNDATION OFFICES. FORM 990, PAGE 6, PART VI, LINE 12C PRIOR TO BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A DIRECTOR OR COMMITTEE MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE CHAIR SHALL REPORT THE DISCLOSURE AT THE MEETING AND THE DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE VICE PRESIDENT'S COMPENSATION IS REVIEWED BY THE EXECUTIVE BOARD ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 18 THE ORGANIZATION MAKES THE FORMS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO POSTED ON THE GUIDESTAR.ORG WEBSITE WHICH CONTAINS NUMEROUS OTHER FORM 990 NON-PROFIT TAX RETURNS AND IS AVAILABLE FOR ANYONE IN THE PUBLIC TO VIEW. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES THE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 TRANSFER TO UNRELATED FOUNDATION 31,279