2014-11-17T12:19:54-06:00 2014-06-30 273858252 DEAN DORTON ALLEN FORD PLLC 106 W VINE STREET SUITE 600 LEXINGTON KY 40507 990 2013-07-01 237116528 NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC NORT 8595725126 LUCAS ADMINISTRATIVE CENTER NO 221 HIGHLAND HEIGHTS KY 41099 KAREN ZERHUSEN KRUER EXECUTIVE DIRECTOR 8595725126 2014-11-13 1 LEIGH MCKEE P00169845 8592552341 2013 2015-11-30 17:44:51Z KAREN ZERHUSEN KRUER LUCAS ADMINISTRATIVE CENTER NO 221 HIGHLAND HEIGHTS KY 41099 8242572 0 X HTTP://FOUNDATION.NKU.EDU X 1970 KY SUPPORT NORTHERN KENTUCKY UNIVERSITY THROUGH PROVISION OF SCHOLARSHIPS, FINANCIAL AID AND OTHER SUPPORT PROGRAMS 37 37 0 78 16520 -26734 4731150 3015228 0 0 5148344 4734537 249691 346311 10129185 8096076 1895441 1665081 0 0 137558 144126 0 0 4873 2923338 2802860 4956337 4612067 5172848 3484009 96678679 108632263 13416989 14083586 83261690 94548677 X THE NORTHERN KENTUCKY UNIVERSITY FOUNDATION IS AN INDEPENDENT, NON-PROFIT, TAX-EXEMPT PUBLIC CHARITY INCORPORATED IN KENTUCKY UNDER KENTUCKY REVISED STATUTE 273 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE THAT EXISTS SOLELY TO RECEIVE AND MANAGE PRIVATE GIFTS FOR THE ADVANCEMENT AND BENEFIT OF NORTHERN KENTUCKY UNIVERSITY. 0 0 1740969 44105 6570 STUDENT FINANCIAL AID 736025 541493 6946 INSTRUCTION 517656 561327 1492 PUBLIC SERVICE 353771 78502 50059 INSTITUTIONAL SUPPORT 400190 252561 4028 ACADEMIC SUPPORT 188242 101 58829 STUDENT SERVICES 192407 159423 625 UNIVERSITY FACILITIES & EQUIPMENT ACQUISITION 24530 27569 0 RESEARCH 12329 0 1290 LIBRARIES 1171469 518156 114831 4166119 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 82 0 1 0 1 1 1 CJ 0 0 0 0 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X JOHN BAILEY 8595726457 FH 132 NUNN DRIVE HIGHLAND HEIGHTS KY 41099 BARBARA M JOHNSON BOARD MEMBER 0.50 X 0 0 0 BARRY G KIENZLE SECRETARY 2.00 X 0 0 0 BRENDA L WILSON BOARD MEMBER 0.50 X 0 0 0 BRYSON P LAIR BOARD MEMBER 0.50 X 0 0 0 CHAD A BILZ BOARD MEMBER 0.50 X 0 0 0 CHARLES ALEXANDER BOARD MEMBER 0.50 X 0 0 0 CHRIS CARLE BOARD MEMBER 0.50 X 0 0 0 GREG COLE BOARD MEMBER 0.50 X 0 0 0 DANIEL R GRONECK TREASURER 2.00 X 0 0 0 DENNIS R HONABACH BOARD MEMBER 0.50 X 0 0 0 DENNIS REPENNING BOARD MEMBER 0.50 X 0 0 0 DIANE STICKLEN-JORDAN BOARD MEMBER 0.50 X 0 0 0 EVA G FARRIS BOARD MEMBER 0.50 X 0 0 0 FRED A MACKE JR BOARD MEMBER 0.50 X 0 0 0 GEOFFREY S MEARNS BOARD MEMBER 0.50 X 0 0 0 ERIC C GENTRY BOARD MEMBER 0.50 X 0 0 0 GREGORY S SHUMATE BOARD MEMBER 0.50 X 0 0 0 J DAVID BENDER PRESIDENT 10.00 X 0 0 0 JAKKI HAUSSLER BOARD MEMBER 0.50 X 0 0 0 JAMES R POSTON JR BOARD MEMBER 0.50 X 0 0 0 JASON O JACKMAN BOARD MEMBER 0.50 X 0 0 0 JOHN M LUCAS BOARD MEMBER 0.50 X 0 0 0 JOHN WINKLER BOARD MEMBER 0.50 X 0 0 0 JUDITH H GIBBONS PAST PRESIDENT 2.00 X 0 0 0 KARA WILLIAMS BOARD MEMBER 0.50 X 0 0 0 KAREN D MEYERS BOARD MEMBER 0.50 X 0 0 0 NATHAN SMITH BOARD MEMBER 0.50 X 0 0 0 KRISTI NELSON BOARD MEMBER 0.50 X 0 0 0 LEE ROSE BOARD MEMBER 0.50 X 0 0 0 MARK D GUILFOYLE BOARD MEMBER 0.50 X 0 0 0 MARTIN GERRETY BOARD MEMBER 0.50 X 0 0 0 OLIVIA BIRKENHAUER BOARD MEMBER 0.50 X 0 0 0 PAUL W CHELLGREN BOARD MEMBER 0.50 X 0 0 0 RHONDA WHITAKER BOARD MEMBER 0.50 X 0 0 0 RICHARD A BOEHNE BOARD MEMBER 0.50 X 0 0 0 THOMAS R SAELINGER BOARD MEMBER 0.50 X 0 0 0 WILLIAM C VERMILLION VICE PRESIDENT 2.00 X 0 0 0 KAREN A ZERHUSEN KRUER JD EXECUTIVE DIRECTOR 40.00 X 0 104810 36494 0 104810 36494 0 0 0 0 0 151779 2863449 4984 3015228 1336071 1336071 18304 18304 118735 0 118735 118735 118735 3398466 0 3398466 3398466 3398466 93574 151779 146496 -52922 -52922 ADMINISTRATIVE FEE 900099 146679 146679 TICKET SALES 900099 58964 58964 MISCELLANEOUS REVENUE 900099 40031 40031 16520 16520 262194 8096076 245674 16520 4818654 1665081 1665081 144126 144126 8837 8837 15250 15250 202370 202370 203231 199885 2696 650 21451 11280 13000 -2829 62688 45393 17167 128 4749 4749 194779 187412 7230 137 38769 38769 44721 43302 1419 446 446 SCHOLARSHIPS FOR NKU 1180837 1180837 MEALS AND ENTERTAINMENT 273487 265702 5348 2437 OTHER EXPENSE 128516 126163 1848 505 SUPPLIES 86398 85928 546 -76 336331 311618 20792 3921 4612067 4166119 441075 4873 5645962 4994118 1833809 1264661 4783603 2946151 42162 49852 548151 208028 340123 340123 69252719 77128623 14034576 21166463 745725 742272 96678679 108632263 313952 208377 26141 26141 1609220 822227 11467676 13026841 13416989 14083586 X 2975722 3446828 39460420 49792114 40825548 41309735 83261690 94548677 96678679 108632263 X 3484009 7805547 -2569 X X 0 1 X 1 0 X 4418390 3367195 4926037 4731150 3015228 20458000 4418390 3367195 4926037 4731150 3015228 20458000 662511 19795489 873128 1469053 1511843 5148344 4734509 13736877 608403 250288 211740 249691 262225 1582347 35777224 0.55330 0.77220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 71445000 524000 12287000 2036000 -2000 82222000 64061000 438000 8510000 1576000 -12000 71445000 59332000 6306000 -215000 1362000 64061000 47566000 3256000 9954000 1444000 59332000 41237000 2848000 5185000 1704000 47566000 0.37620 0.49990 0.12390 0 0 340123 340123 208028 208028 0 340123 INVESTMENTS IN LIMITED PARTNERSHIPS 21166463 F 21166463 ANNUITIES PAYABLE 156031 FUNDS HELD IN TRUST FOR NORTHERN KENTUCKY UNIVERSITY 12870810 13026841 X PART V, LINE 4: PRIMARILY TO BE USED FOR STUDENT FINANCIAL AID AND SCHOLARSHIPS PART X, LINE 2: THE FOUNDATION HAS EVALUATED TAX POSITIONS TAKEN ON ALL INCOME TAX RETURNS THAT REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES (THOSE RETURNS FILED FOR THE YEARS 2010 THROUGH 2013) AND DOES NOT BELIEVE THERE ARE ANY UNCERTAIN POSITIONS ON THOSE RETURNS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 INVESTMENTS 1399748 EAST ASIA AND THE PACIFIC - 0 0 INVESTMENTS 512756 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 992242 0 0 0 0 0 0 2904746 0 2904746 1 0 0 0 0 0 PRESIDENT'S INVITATIONAL 54512 36949 17563 8441 7104 1733 ELOC EVENT 35811 17331 18480 7347 28465 9 155030 97499 57531 975 16672 24342 51417 245353 151779 93574 975 25113 38793 81615 146496 -52922 1 NORTHERN KENTUCKY UNIVERSITY NUNN DRIVE HIGHLAND HEIGHTS KY 41099 611010545 501(C)(3) 1665081 SUBGRANT EXPENSES PAID FOR THE BENEFIT OF NORTHERN KENTUCKY UNIVERSITY (NKU) TO HELP PROVIDE FUNDING FOR NKU FACULTY POSITIONS, CONSTRUCTION PROJECTS AND VARIOUS OTHER OPERATING EXPENDITURES. 1 PART I, LINE 2: THE FOUNDATION MONITORS THE USE OF THE GRANT FUNDS TO NKU THROUGH REVIEW OF INVOICES PAID BY NKU. THE FOUNDATION IS ALSO ABLE TO MONITOR THE PROGRESS OF NKU'S PROJECTS. X 706 FAIR MARKET VALUE X 1452 FAIR MARKET VALUE X SPORTING GOOD 13 1855 FAIR MARKET VALUE X GIFT CARDS 6 590 FAIR MARKET VALUE X SUPPLIES 3 210 FAIR MARKET VALUE X TICKETS 2 171 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 DRAFT IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE CHAIRS, AS WELL AS EMAILED TO ALL VOTING BOARD MEMBERS FOR REVIEW BEFORE A FINAL VERSION IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. THIS POLICY IS MONITORED BY THE MEMBERSHIP COMMITTEE CHAIRPERSON IN CONJUNCTION WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE NKU FOUNDATION EXECUTIVE COMMITTEE DETERMINES EXECUTIVE COMPENSATION UPON RECOMMENDATION OF THE NKU FOUNDATION PERSONNEL COMMITTEE WHICH WORKS IN CONJUNCTION WITH NKU HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS MADE AVAILABLE UPON REQUEST AND ONLINE VIA THE WEBSITE. THE GOVERNING DOCUMENTS, FORM 1023 AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST AND AT THE DISCRETION OF THE BOARD OF DIRECTORS AND MANAGEMENT. FORM 990, PART XI, LINE 9: CHANGE IN ANNUITIES -2,569. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FOUNDATION'S FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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