2014-01-07T18:14:21-07:00 2013-06-30 990 2012-07-01 936022772 Oregon State University Foundation OREG 5417374218 850 SW 35th Street Corvallis OR 97333 Steven Schauble 5417377499 2014-01-07 2012 2015-11-30 17:44:51Z J Michael Goodwin same as C above Corvallis OR 97333 231876885 0 X www.osufoundation.org X 1947 OR The OSU Foundation is a 501(c)(3) non-profit corporation chartered to receive, manage, and administer private gifts to support Oregon State University. Private support deepens the University's impact and extends its reach across the state and around the world by helping to make an OSU education accessible to qualified students. It also allows faculty, staff, and students to push the frontiers of knowledge, contributing to the state's prosperity and addressing some of the most pressing challenges facing our planet and its people. 42 42 138 42 47475 46475 65810983 51591325 12295882 814362 24136386 26105608 1821 14683356 102245072 93194651 0 0 0 0 20196080 20143870 0 0 11108716 52374471 51394713 72570551 71538583 29674521 21656068 571279168 585507323 41065509 32213670 530213659 553293653 X The OSU Foundation is a 501(c)(3) non-profit corporation chartered to receive, manage, and administer private gifts to support Oregon State University. Private support deepens the University's impact and extends its reach across the state and around the world by helping to make an OSU education accessible to qualified students. It also allows faculty, staff, and students to push the frontiers of knowledge, contributing to the state's prosperity and addressing some of the most pressing challenges facing our planet and its people. 0 0 8010227 0 0 SCHOLARSHIPS & OTHER STUDENT SUPPORT: The OSU Foundation distributed these amounts to the University in FY13 to support students through scholarships, fellowships, and other awards. Through the years, donors have created over 1,600 unique scholarship and fellowship funds of various types and amounts at the OSU Foundation. These funds help ensure that an OSU education is accessible to qualified students, regardless of economic circumstances, and allow the University to recruit and retain the best and brightest students from Oregon and beyond. 7039055 0 0 CAPITAL PROGRAMS: The OSU Foundation distributed these amounts to the University in FY13 to support the construction, renovation, and acquisition of campus facilities. Major projects in FY13 included the construction launch of Austin Hall in the College of Business, opening of the Student Success Center, completion of a new basketball practice facility, opening of the Native American longhouse, dedication of a new track & field facility, and opening of a new facility for animal sciences. Donors to the campaign for OSU are making possible the construction or renovation of 27 such university facilities. 9111303 0 0 INSTRUCTION AND RESEARCH: The OSU Foundation distributed these amounts to the University in FY13 to support teaching & research. With 122 endowed faculty positions at the University, donors to the OSU Foundation provide critically needed private funds to help recruit & retain world-class talent in the classrooms & labs. During the year, Foundation funds helped support OSU's internationally renowned programs in oceanography, forestry, and ag sciences, among others. 2458095 0 0 Administrative gift fees 5149289 0 0 Endowment management fees 4470294 0 0 Interest 1261031 0 0 Investment management fees 663507 0 0 Minor office equipment 8380997 0 0 Other program service expenses 2301317 0 0 Payroll 657433 0 0 Professional services 1268675 0 0 Public relations 1798374 0 0 Services 1438159 0 0 Travel 0 0 364205 Registration/conference fees 0 0 223762 Skybox rental income 29847171 0 587967 54007756 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 0 1 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 139 0 1 138 1 1 1 0 0 0 1 1 1 1 1 3 0 0 1 1 0 X 42 42 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CA CO KY MA MD ME MN NH NJ NY OH OK OR SC UT WA WV X X Patricia Nowak 5417374922 850 SW 35th Street Corvallis OR 97333 Harold Ashford 2 0 X 0 0 0 Penny Yanno Atkins 2 0 X 0 0 0 Celia Lee Austin 2 0 X 0 0 0 Stephen M Bailey 2 0 X 0 0 0 Cynthia D Campbell 2 0 X 0 0 0 Tanja Cebula 2 0 X 0 0 0 Jon DeVaan 2 0 X 0 0 0 Thomas A Davies 2 0 X 0 0 0 Jame E Coleman 2 0 X 0 0 0 Jill Wissler Eiland 2 0 X 0 0 0 Gayle Fitzpatrick 2 0 X 0 0 0 Steve J Gomo 2 0 X 0 0 0 Ken Griggs 2 0 X 0 0 0 Scott Hildebrandt 2 0 X 0 0 0 Eric H I Hoffman 2 0 X 0 0 0 Edmon R Jennings 2 0 X 0 0 0 Mark J Kralj 2 0 X 0 0 0 Bert Loughmiller 2 0 X 0 0 0 Elise F McClure 2 0 X 0 0 0 Sue McGrath 2 0 X 0 0 0 Patrick Mendenhall 2 0 X 0 0 0 Gregory Merten 2 0 X 0 0 0 Laura Naumes 2 0 X 0 0 0 Irva Kay Neyhart 2 0 X 0 0 0 Natalie Giustina Newlove 2 0 X 0 0 0 Diane Detering Paddison 2 0 X 0 0 0 Tod Perkins 2 0 X 0 0 0 James J Piro 2 0 X 0 0 0 Roderick Ray 2 0 X 0 0 0 Patricia V Reser 2 0 X 0 0 0 Eric J Schoenstein 2 0 X 0 0 0 Greg Serrurier 2 0 X 0 0 0 Harley Smith 2 0 X 0 0 0 John Stirek 2 0 X 0 0 0 David A Thompson 2 0 X 0 0 0 Tom Toomey 2 0 X 0 0 0 Tony Williams 2 0 X 0 0 0 James G Youde 2 0 X 0 0 0 Steve A Zamsky 2 0 X 0 0 0 Patrick F Stone 2 0 X X 0 0 0 Ruth A Beyer 2 0 X X 0 0 0 Paul Lorenzini 2 0 X X 0 0 0 J Michael Goodwin 40 0 X 407899 0 42500 Steven Schauble 40 0 X 206484 0 35375 Lynne Fullerton-Baham 40 0 X 76476 0 12828 Shawn Scoville 40 0 X 316438 0 43427 Kevin J Heaney 40 0 X 225323 0 39453 Helen C Van Natta 50 0 X 216510 0 36456 Dan C Peterson 40 0 X 193998 0 34462 Shawn R Heilbron 40 0 X 179145 0 31264 Robert E Westlund 40 0 X 148913 0 24008 1971186 0 299773 32 0 1 0 Mercer PO Box 730182 Dallas TX 753730182 Consulting 373551 Stoel Rives LLP 900 SW Fifth Ave Suite 2600 Portland OR 972041268 Legal 219113 Sodexo Inc & Affiliates Dept 43283 1365 N Orchard Suite 373 Boise ID 83706 Catering 213653 Sports Air Management 2009 Grafton Ave Henderson NV 89074 Travel services 138000 5 0 0 0 0 0 51591325 5490290 51591325 Registration/conference 900099 364205 364205 0 0 Facility Usage 900099 223762 0 0 223762 Other Revenue - Services 900099 82937 82937 0 0 Membership dues 900099 35566 35566 0 0 107892 107892 0 0 814362 14633453 0 0 14633453 0 0 0 0 0 0 0 0 152049 0 0 0 152049 0 152049 0 0 152049 149379988 774401 137838297 843937 11541691 -69536 11472155 0 0 11472155 297120 0 0 297120 0 297120 Management fees 900099 7946236 7946236 0 0 Contract agreement with OSU 900099 4676530 4676530 0 0 Change in Split Interest Agreements 900099 1521591 0 0 1521591 89830 105165 47475 -62810 14234187 93194651 13318531 47475 28237320 1427755 366397 1061358 15484005 7446381 2263420 5774204 1219276 309160 910116 1297409 19579 446980 830850 715425 215866 499559 143200 2334 137216 3650 146863 525 146338 47371 47371 0 0 0 1300868 1261031 39837 663223 363522 50152 249549 486787 396504 90283 3377518 2776257 301611 299650 485874 132424 285215 68235 785318 784292 1026 2750202 2221984 74776 453442 425922 319095 29340 77487 4950454 4869968 80323 163 0 78824 78824 217939 167835 48849 1255 Capital outlay land & bldg 5397519 5397519 0 0 Special program expense 4151697 4145184 13 6500 Awards and scholarships 8911582 8903474 1740 6368 Transfer out endowment fee 5149289 5149289 0 0 11924263 10387480 761762 775021 71538583 54007756 6422111 11108716 0 10508891 27801619 44459938 41984050 477720 348530 729750 700000 747091 427830 886044 515742 12801123 370302 268679541 310070765 164979734 183092220 67895380 20712007 571279168 585507323 11888427 5000047 592819 352298 700000 28584263 26161325 41065509 32213670 X -9717176 -3156330 222739056 229351423 317191779 327098560 530213659 553293653 571279168 585507323 X 21656068 16062958 0 0 -14019623 -619409 X 0 1 X 1 0 X 56523602 57786521 65697580 65513430 51591325 297112458 0 0 0 0 0 0 0 0 0 0 0 0 56523602 57786521 65697580 65513430 51591325 297112458 27138986 269973472 6634897 8385874 8771916 10738010 10278483 44809180 0 0 14739 4048 46475 65262 2109687 538295 1466516 2074552 4687295 10876345 352863245 7057265 0.76509 0.7759 X Part II, Section B, Line 10, column (f): Income from Partnerships $10,640,765; Other investment income $485,601; Accrued income from Endowment Pool ($184,759); adj for UBI from partnership K-1s that is reported on line 9 ($65,262) - TOTAL $10,876,345 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 47371 47371 71491212 71538583 1000000 250000 0 0 0 0 1000000 1000000 2000000 3000000 0 0 42158 47371 89529 0 0 250000 250000 500000 750000 0 0 0 0 0 SchC_P2A_S00_L02a Schedule C, Part II-A, Line 2a Explanation of four year averaging - FYE 6/30/12 was the first year for which the organization made an election under section 501(H) 440934507 20434072 37164218 5964627 15342926 0 477225244 445818814 25400516 -9681821 5969991 14633011 0 440934507 379601606 22712792 62794733 5847492 13442825 0 445818814 354858095 15725969 27164546 4150571 13996433 0 379601606 462432355 21365157 -115962870 4919844 8056703 0 354858095 0.0111 0.6996 0.2893 1 0 0 0 0 0 164200 0 164200 0 67751 27118 40633 0 93088 61398 31690 0 561005 427226 133779 370302 Partnerships 48345938 F Equities 34901995 F Fixed Income 32083797 F Hedge Funds 47057110 F Mortgages, Notes & Contracts 7458535 F Other 6222794 F Investment Receivable 347051 F Real property held for investment 6675000 F 183092220 Real property held for sale 7177061 Lead trusts 1050189 Remainder trusts - held outside 9907382 Perpetual trusts 1453385 Other assets 1123990 20712007 Gift annuity liability 7102010 Trust liability 19059315 26161325 112223018 16325834 0 0 2702533 19028367 93194651 0 0 0 93194651 74959938 0 0 0 3421355 3421355 71538583 0 0 0 71538583 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The OSU Foundation holds over 1,900 endowed accounts. University donors have established these funds to provide support in perpetuity for a variety of purposes, including scholarships & fellowships, faculty positions, and general programmatic support. The university, for example, currently has 122 endowed faculty positions supported with such funds. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Revenue of Affiliates $2,702,533 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Expenses of Affiliates $1,938,669; Unrealized Gains/Losses $262,876; Gift and Pledge Adjustments $1,219,808; rounding $2 - TOTAL $3,421,355 East Asia and the Pacific 0 0 Fundraising 28192 0 0 28192 1 0 0 1 1 0 SchF_P04_S00_L00 Schedule F, Part IV Any requirements to file Forms 926, 8621, or 8865 are directly dependent on investments in partnerships that have interests in foreign entities. All partnership K-1s are reviewed and appropriate foreign forms are filed based on information disclosures provided by those partnerships. 990 Part VIII Line 8 297120 0 297120 0 0 0 0 0 0 0 0 297120 0 297120 0 0 0 0 0 0 0 297120 X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 J Michael Goodwin 361857 0 50000 0 5412 0 42500 0 9370 0 469139 0 0 0 Steven Schauble 190586 0 20000 0 4308 0 35375 0 8410 0 258679 0 0 0 Shawn Scoville 300623 0 25000 0 5225 0 43427 0 14410 0 388685 0 0 0 Kevin J Heaney 217075 0 15000 0 4058 0 39453 0 10810 0 286396 0 0 0 Helen C Van Natta 194447 0 20000 0 2063 0 36456 0 0 0 252966 0 0 0 Dan C Peterson 182719 0 20000 0 661 0 34462 0 9382 0 247224 0 0 0 Shawn R Heilbron 173904 0 10000 0 3651 0 31264 0 8410 0 227229 0 0 0 Robert E Westlund 140222 0 1000 0 7691 0 24008 0 0 0 172921 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a First Class Travel: The OSU Foundation allows for first class travel in those cases when traveling to overseas locations will result in flight and travel times in excess of 14 hours as per Joint Federal Travel Regulations. Travel companions: In accordance with the OSU Foundation's formal distribution policy, travel expenses for spouses or other companions are reimbursable only if the spouse/companion has been asked to represent the Foundation or University in an official or representative capacity and his/her presence is critical for the conduct of such official business. During the reporting period, the Foundation paid travel expenses for the spouse of the President/CEO and the spouse of the Executive Vice President to attend one out-of-state board of trustees meeting; and for the President/CEO's spouse to join him on other select out-of-state fundraising trips where spouses of participating alumni and donors were also included. Travel policies are approved by the Board after a detailed review by the appropriate committee. Policies are subject to periodic review by management and any changes are brought to the Board for discussion and approval. Health or social club dues or initiation fees: During the reporting period, the Foundation paid social club dues for seven employees. The memberships were deemed critical for the conduct of official business by providing access to meeting and event facilities for the organization and facilitating the cultivation and stewardship of alumni and donors. X 1 35000 Third Party Appraiser X 226 5212695 Recognized Brokerage at FMV X 2 240600 Third Party Appraiser X 1 1995 Third Party Appraiser 0 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b Brokerage firms such as Charles Schwab and TD Ameritrade are used to liquidate noncash gifts such as stock. F990_P03_S00_L04d Form 990, Part III, Line 4d OSU Foundation distributions accounted for as "Other Program Services" include support for University and Foundation operations that are not specifically designated as direct student, faculty, or facilities support. Among the included distributions are unrestricted funds for use at the discretion of deans and program leaders, support for intercollegiate athletics and club sports, support for the library and other central service units, lecture series and other outreach activities, and endowment management and other transactional fees. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b After preparation and thorough review by the organization's Controller, outside accountants and legal counsel, a draft of the Form 990 is distributed to the Audit Committee for review and comment. After approval by the Audit Committee, the Form 990 is made available to all voting members of the Board of Trustees via a secure portal. The Form 990 is also presented to the Trustees by the Chair of the Audit Committee at the December Board of Trustees meeting where the Trustees have the opportunity to raise questions. Three weeks following the posting of the Form 990 and the presentation fo the Trustees, the Form 990 is filed with the IRS. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Foundation has formal policies and procedures in place for annually documenting potential conflicts of interest among its governing body. At the beginning of each fiscal year, the organization's conflict of interest policy and code of ethics are sent to all new and returning trustees. Each trustee is asked to acknowledge receipt by returning a signed form indicating that they have read, understand, and agree to abide by these documents. Additionally, trustees must disclose in writing any potential conflicts of interest pertaining to Foundation business. All signed responses and disclosures become part of the Foundation's official records, and the full board is provided a list of individuals who declare potential conflicts. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Compensation Process for Top Official: The compensation of the organization's President/CEO is reviewed extensively on an annual basis. The Board of Trustees, through its committee structure, oversees the development of the President/CEO's annual work plan and monitors progress and performance against established goals. Monthly meetings between the Executive Committee, the President/CEO, and members of the senior leadership team ensure close and frequent monitoring of the organization's performance and the leadership of its top executive. Additionally, the Compensation Committee of the Board of Trustees performs an annual review of the top executive's total compensation package, which includes a review of personal and organizational performance and benchmarking of peer institutions' compensation structures. -----------------------------------------------------------------------------------------------------------------------Compensation Process for Officers: The compensation of the organization's key employees is reviewed extensively on an annual basis. The employee's immediate supervisor oversees the development of an annual work plan and monitors progress and performance against established goals. The Compensation Committee of the Board of Trustees performs an annual review of the total compensation packages of the organization's highest paid employees, which includes benchmarking of peer institutions' compensation structures. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The organization's governing documents, conflict of interest policy, and IRS Form 990 are made available to the public upon request. Additionally, annual audited financial statements and information regarding endowment holdings are available to the public on the organization's website F990_P11_S00_L09 Form 990, Part XI, Line 9 Unfulfilled Pledges ($619,406) Rounding ($3) TOTAL ($619,408) Oregon 4-H Foundation 119 Ballard Extension Hall Corvallis OR 973313608 930711337 youth education and development OR 501(c)(3) 9 N/A 0 Harvey Ranch Inc 44326 Hwy 31 Paisley OR 97636 930480881 Ranch OR OSU Foundation C 341198 256785 1 1 Trysting Tree Golf Club Inc PO Box 989 Eugene OR 97440 930974350 Golf course OR OSU Foundation C 974713 1705956 1 1 Charitable Remainder Annuity Trusts (3) 850 SW 35th Street Corvallis OR 97333 Investment management OR T Charitable Remainder Uni-Trusts (84) 850 Sw 35th Street Corvallis OR 97333 Investment management OR T Charitable Remainder Uni-Trust (2) 850 SW 35th Street Corvallis OR 97333 Investment management WA T Charitable Remainder Uni-Trust Net Income (19) 850 SW 35th Street Corvallis OR 97333 Investment management OR T Charitable Remainder Uni-Trust Net Income (1) 850 SW 35th Street Corvallis OR 97333 Investment management WA T Charitable Lead Uni-Trust (1) 850 SW 35th Street Corvallis OR 97333 Investment management OR T Charitable Lead Annuity Trust (2) 850 SW 35th Street Corvallis OR 97333 Investment management OR T Charitable Remainder Uni-Trust (1) 850 SW 35th Street Corvallis OR 97333 Investment management CA T Perpetual Trust (1) 850 SW 35th Street Corvallis OR 97333 Investment management WA T 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 1 0 Trysting Tree Golf Club Inc f 40000 amount based on annual operating results Oregon 4-H Foundation l 60160 administrative gift fee assessed by OSUF on gifts designated for 4H Oregon 4-H Foundation n 0 office space, equipment and other support provided at no cost Oregon 4-H Foundation o 187500 Several 4H employees are on OSUF payroll and gross payroll costs are borne on a split basis - disclosed amount represents 100% of the cost Oregon 4-H Foundation r 407718 net transfers received from 4H regarding interfund and endowment accounting transactions