2014-05-15T13:32:34-07:00 2013-06-30 990 2012-07-01 556011111 MARSHALL UNIVERSITY FOUNDATION INCORPORATED MARS 3046966264 519 John Marshall Drive Huntington WV 25703 R Scott Anderson 3046963388 2014-05-15 2012 2015-11-30 17:44:51Z R Scott Anderson 519 John Marshall Drive Huntington WV 25703 170521522 0 X www.marshall.edu/foundation/ X 1947 WV The Marshall University Foundation was chartered on January 3, 1947 as an independent non-profit organization to receive, invest, administer and disburse private resources on behalf of Marshall University. 37 37 32 100 30330 -3235 26777434 23886640 172157 193664 2581820 13190562 58941 78115 29590352 37348981 3528432 3294416 0 0 1427920 1393962 0 0 674236 7312267 4784052 12268619 9472430 17321733 27876551 148132159 172446231 12979231 11635766 135152928 160810465 The organization's primary exempt purpose is to provide support to Marshall University by receiving, investing and administering private resources. 0 0 3294419 3294419 0 The organization provides support in the form of scholarships and awards to faculty and students related to their educational pursuits at the university 827948 827948 0 The organization provides support to the university broadly and to individual departments in support of their respective education priorities in the form of payroll and stipend support, as well as to designated funds on behalf of departmental and university projects 1332935 1332935 0 Department and unit operating funds provide additional resources for programs, travel, training, equipment and supplies, and other miscellaneous purposes on behalf of university departments 1312300 1312300 0 Other expenses attributable to program funds in support of university and departments 1312300 1312300 0 6767602 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 92 0 1 32 1 1 1 0 0 0 0 1 1 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 0 1 1 FL MD OH WV X X X R Scott Anderson 3046963388 519 John Marshall Drive Huntington WV 25703 Mr Gary M Ambler 2 1 X 0 0 0 Mrs Phyllis H Arnold 2 0 X X 0 0 0 Mr John W Ashford 2 1 X 0 0 0 Mr Gary D Baldwin 2 0 X 0 0 0 Mr George R Brammer 2 0 X 0 0 0 Mr Jonathan A Broh 2 0 X 0 0 0 Mrs Nancy E Campbell 2 0 X 0 0 0 Mr Mark A Chandler 2 0 X X 0 0 0 Mrs Johnna Coats 2 0 X 0 0 0 Mr Mark E Dempsey 2 0 X 0 0 0 Mr James Farley 2 0 X 0 0 0 Mr David Fox III 2 0 X 0 0 0 Mr James E Gibson 2 2 X 0 0 0 Mr Joseph M Gillette 2 0 X X 0 0 0 Mr Floyd Harlow Jr 2 0 X 0 0 0 Mr David Helmer 2 0 X 0 0 0 Mr William V Jackson 2 0 X 0 0 0 Mr J Patrick Jones 2 1 X X 0 0 0 Mr John K Kinzer 2 0 X X 0 0 0 Mr Robert L Osborne 2 1 X 0 0 0 Mr Leon K Oxley 2 0 X 0 0 0 Mr Charles W Pace 2 0 X 0 0 0 Mr Audy M Perry 2 0 X 0 0 0 Mr Lake Polan III 2 3 X 0 0 0 Mr Douglas V Reynolds 2 0 X 0 0 0 Mr Casey J Robinson 2 1 X 0 0 0 Mrs Sharon Shaffer 2 0 X X 0 0 0 Mr Geoffrey S Sheils 2 0 X 0 0 0 Mr Richard L Slater 2 0 X 0 0 0 Mr Louis S Southworth 2 0 X 0 0 0 Mr Marc A Sprouse 2 0 X 0 0 0 Mr Lawrence J Tweel 2 0 X 0 0 0 Mrs Janet S Vineyard 2 0 X 0 0 0 Mr Louis Weisberg 2 0 X 0 0 0 Mr Charles H Wendell 2 0 X 0 0 0 Mr Gary G White 2 0 X 0 0 0 Mr John Jay White 2 0 X 0 0 0 Dr Ronald G Area 40 3 X X X 263716 0 28053 Mr R Scott Anderson 40 3 X X 110312 0 22816 MR Ed A Zimmerman 40 0 X 89121 0 17837 463149 0 68706 3 0 1 0 0 0 0 0 0 0 23886640 423397 23886640 Rental income art warehouse and receiving 531120 114780 114780 0 0 Conference center activities 721000 78884 44300 34584 0 0 0 0 0 193664 1451191 0 0 1451191 0 0 0 0 87820 35548 0 52272 0 0 144894033 0 133154662 0 11739371 0 11739371 0 0 11739371 0 8174 17879 -9705 -5451 -4254 0 0 37348981 189177 30330 13242834 3294416 3294416 0 0 0 0 0 0 374000 0 374000 0 0 0 0 0 874628 0 764359 110269 0 0 0 0 140531 0 140531 0 4803 0 4803 0 0 0 0 0 51166 5485 45675 6 17325 0 17325 0 0 0 0 0 0 0 285237 235712 49180 345 554227 348600 117851 87776 75233 13075 3760 58398 158066 28157 51319 78590 242046 11996 171718 58332 0 0 0 0 77110 0 77110 0 314995 235689 8898 70408 0 0 0 0 522002 335279 57918 128805 344110 344110 0 0 0 0 0 0 440250 425187 14340 723 96496 7338 66294 22864 Department support - employment 699044 698044 0 1000 Miscellaneous and asset valuation adjustments 182618 136625 33938 12055 Printing 122444 66179 26469 29796 Equipment and supplies 601683 581710 5104 14869 9472430 6767602 2030592 674236 40810 68627 9853564 18568227 20109853 26889112 28793 32870 0 0 0 0 0 0 0 0 19780 23013 15915198 1556443 14794183 14358755 725808 5928737 90194874 94105143 2594802 2065975 0 0 9769692 10405772 148132159 172446231 213429 205934 0 0 479712 343675 11433442 10490975 0 0 0 0 0 0 0 0 852648 595182 12979231 11635766 X 14159630 17932380 38552163 55664356 82441135 87213729 135152928 160810465 148132159 172446231 X 27876551 -2207684 0 0 0 -11330 X 0 1 X 1 0 X 9449799 7201428 17007107 26777434 23886640 84322408 0 0 0 0 0 0 0 0 0 0 0 0 9449799 7201428 17007107 26777434 23886640 84322408 1425661 82896747 2015997 2118037 2063476 2096136 1732675 10026321 2212 85 12259 -6352 -4254 3950 0 0 0 0 0 0 94352679 8174 0.87858 0.82647 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 83119194 7398155 9646427 1695769 7697300 133723 90636984 83809934 4646658 -1896505 988685 2336846 115362 83119194 71387492 4248915 13825605 1680071 3851054 120953 83809934 70175159 2423690 5592643 2551026 4135853 117121 71387492 85385679 3789901 -18892245 0 0 108176 70175159 0.12 0.83 0.05 0 0 2442000 0 2442000 12300838 0 991085 11309753 0 0 0 0 1172360 0 565358 607002 0 0 0 0 14358755 8250 F Commingled global equity funds 48931030 F Commingled global fixed income 13705363 F Commingled hedge fund of funds 12268556 F Commingled Real asset fund 12640263 F Commingled Private capital fund of funds 678058 F Private real estate 60028 F Private equity 1700686 F Natural resources 671538 F Venture capital 1295144 F Distressed debt 2145227 F Wholly owned subsidiary 1000 C 94105143 Contributions receivable remainder trusts 1019178 Beneficial interest in perpetual trusts 8937360 Cash surrender value life insurance 433734 Miscellaneous personal property 15500 10405772 0 Annuity payment liability 376580 Fair value of interest rate swap 218602 595182 34873941 -2207683 0 0 17879 -2189804 37063745 285236 0 285236 37348981 9216404 0 0 0 29210 29210 9187194 285236 0 285236 9472430 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds are held according to donor restrictions to provide a perpetual source of inter-generational funding for scholarships, program endowments, and for research endowments. Board designated endowment are a source of funding for development operations and for the greatest needs of the university. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d COGS SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Gifts in kind transferred to departments 11,330, Cost of good sold 17,879 rounding 1 1 Marshall University One John Marshall Drive Huntington WV 25755 556000789 501c3 4122367 11330 Gifts in kind received on behalf of the university To support students and university departments in their educational missions. 1 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The organization maintains documentation on the individual funds and related criteria for eligibility for grants. The organization coordinates with the university departments and units in accordance with fund guidelines to substantiate eligibility and authorization for grants and assistance. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Dr Ronald G Area 257416 0 0 0 6300 0 15463 0 12590 0 291769 0 0 0 Mr R Scott Anderson 110072 0 0 0 240 0 6619 0 16197 0 133128 0 0 0 MR Ed A Zimmerman 88881 0 0 0 240 0 5347 0 12490 0 106958 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Social club dues and a limited amount of spousal travel are part of the employment agreement of the CEO A The County Commission of Cabell County WV Commercial Development Revenue Bond Series 2010 556000305 2010-12-21 9200000 Construction and furnishing of building 0 0 0 A 0 0 9200000 0 0 0 59200 0 0 9140800 0 0 2010 0 0 1 1 A 0 0 0 0 0 0 0 1 0 0 A 0 0 1 0 1 1 JP Morgan Chase Bank 20 0 0 0 0 0 A 0 X 5755 Est fair value X 15 411967 Market quote X Plotter 1 875 Est fair value X Life insurance CSV 1 4800 Cash value 0 0 1 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 and schedules were provided to the Board of Directors for review prior to filing and a meeting was conducted to review and approve the return for filing F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Board annually surveys its members and reviews responses about any conflicts of interest F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 CEO compensation and performance are reviewed annually by the Human Resources committee on a process which includes board surveys and a formal review. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents and policies are available upon request. Summary financial information is available on the organization annual report which is available on the website. The audited financial statements are available upon request. F990_P11_S00_L09 Form 990, Part XI, Line 9 Gifts in kind transferred to university Marshall University Real Estate Foundation Inc 519 John Marshall Drive Huntington WV 25703 262912485 Receive real estate on behalf of Marshall University WV 501(c)(3) 509(a)(3) III-FI The Marshall University Foundation 1 Marshall University Alumni Association Inc One John Marshall Drive Huntington WV 25755 264778743 Alumni activities WV 501(c)(3) 509(a)(3) III-FI N/A 0 Marshall University One John Marshall Drive Huntington WV 25755 556000789 Higher education institution WV 501(c)(3) line 2 N/A 0 Marshall Services Corporation PO Box 296 Huntington WV 25707 461383543 Invest in joint venture for internationalization of campus WV The Marshall University Foundation Inc C 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 Marshall University Alumni Association Inc l 0 The Foundation provides support for accounting, data base management, and other administrative support on substantially equivalent terms as for uncontrolled constituents. Marshall University Alumni Association Inc n 0 No amount is estimated for the value of the shared facilities, equipment, mailing lists, etc shared with the related organization Marshall University Alumni Association Inc o 133750 The estimated value of employees paid for by the Foundation and who work primarily with the MUAA Marshall University Real Estate Foundation Inc o 0 A de minimis amount of time is spent by staff providing support for the MUREF Marshall Services Corporation o 0 A de minimis amount of time is spent in administrative support for MSC Marshall University r 4122367 cash and property transferred to Marshall as reported on Schedule I as program expenditures