METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC (EIN 84-0576459)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-12
- IRS object ID
- 201440439349301919
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-12T17:01:00-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450250958 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5299 DTC BLVD STE 1000 | AddressLine1 |
| City | GREENWOOD VILLAGE | City |
| State | CO | State |
| ZIP Code | 80111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840576459 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROPOLITAN STATE UNIVERSITY OF DENVER | BusinessNameLine1 |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | METR | NameControl |
| Phone | 3035568424 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 173362 CAMPUS BOX 14 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 802173362 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | COURTNEY COWGILL | Name |
| Title | TREASURER | Title |
| Phone | 3035568424 | Phone |
| Date Signed | 2014-02-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KIM HUNWARDSEN CPA | Name |
| PTIN | P00484560 | PTIN |
| Phone | 3037705700 | Phone |
| Date Prepared | 2014-02-10 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | COURTNEY COWGILL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 173362 CAMPUS BOX 14 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 802173362 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5184583 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MSUDENVER.EDU/FOUNDATION | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1967 | YearFormation |
| State Legal Domicile | CO | StateLegalDomicile |
| Activity Or Mission Description | PROMOTE THE GENERAL WELFARE AND DEVELOPMENT OF THE METROPOLITAN STATE COLLEGE OF DENVER. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 30 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4635317 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2943555 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 344590 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 411951 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 156068 | InvestmentIncomePriorYear |
| Investment Income Current Year | 458617 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 172655 | OtherRevenuePriorYear |
| Other Revenue Current Year | 62640 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5308630 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3876763 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2231737 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3165000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 445278 | OtherExpensePriorYear |
| Other Expenses Current Year | 713313 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2677015 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3878313 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2631615 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1550 | RevenuesLessExpensesCY |
| Total Assets BOY | 12196140 | TotalAssetsBOY |
| Total Assets EOY | 13044516 | TotalAssetsEOY |
| Total Liabilities BOY | 280862 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1437189 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 11915278 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11607327 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION, INC. IS A NON-PROFIT CORPORATION ORGANIZED AND OPERATED TO PROMOTE THE GENERAL WELFARE AND DEVELOPMENT OF THE METROPOLITAN STATE COLLEGE OF DENVER THROUGH EFFORTS INCLUDING STRATEGIC PLANNING, FUNDRAISING AND PROGRAM SUPPORT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3448636 | Expense |
| Grants | 3165000 | Grants |
| Revenue | 411951 | Revenue |
| Description | FUNDS ARE RAISED FOR THE BENEFIT OF THE STUDENTS, FACULTY, AND ADMINISTRATION OF THE METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION, INC. FUNDS ARE ALSO USED TO PUBLICIZE, PROMOTE AND SUPPORT THE ADVANCEMENT OF THE COLLEGE. | Description |
| Total Program Service Expense | 3448636 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 6 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CO | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHEN DEVISSER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3035565100 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 173362 CAMPUS BOX 14 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 80217 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (31 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| JEROME DAVIS | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| JAMES MULLIGAN | ||||||
| VICE-CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| JON ROBINSON | ||||||
| FORMER CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| COURTNEY COWGILL | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| EVI MAKOVSKY | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| NAVIN C DIMOND | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERT GRABOWSKI | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID LAUNDY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DONALD MARSHALL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BRUCE ODONNELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JESSE MORREALE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CINDY PARSONS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JEFF POTTER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBIN SADLER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TOM ROMER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CHRIS SILVESTRI | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RAYMOND SUTTON JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RON TILTON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| FAYE TATE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARILEE UTTER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BILL VIDAL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CHARLIE WALLING | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SCOTT APPLEGATE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| FERD BELZ | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID FINE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM HANZLIK | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STEPHEN M JORDAN PHD | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PETER KARPINSKI | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JON KINNING | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PHIL RIVARD | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ERIN TRAPP PHD | ||||||
| EXECUTIVE DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 2943555 | AllOtherContributions |
| Noncash Contributions | 599082 | NoncashContributions |
| Total Contributions | 2943555 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNIVERSITY DEPARTMENT EVENTS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 411951 | TotalRevenueColumn |
| Related Or Exempt Function Income | 411951 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 411951 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 375903 | TotalRevenueColumn |
| Exclusion | $375,903 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 127781 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 65141 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 62640 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 62640 | TotalRevenueColumn |
| Exclusion | $62,640 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1325393 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1242679 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 82714 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 82714 | TotalRevenueColumn |
| Exclusion | $82,714 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3876763 | TotalRevenueColumn |
| Related Or Exempt Function Income | 411951 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $521,257 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3165000 | Total |
| Program Services | 3165000 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16434 | Total |
| Management And General | 16434 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 119791 | Total |
| Management And General | 119791 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 214485 | Total |
| Management And General | 214485 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17624 | Total |
| Management And General | 17624 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8274 | Total |
| Management And General | 8274 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2485 | Total |
| Management And General | 2485 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7843 | Total |
| Management And General | 7843 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| IN-KIND EXPENSES | 161542 | 161542 | |
| UNIVERSITY DEPARTMENT E | 114344 | 114344 | |
| DISCRETIONARY EXPENSES | 31896 | 31896 | |
| BAD DEBT | 7750 | 7750 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10845 | Total |
| Management And General | 10845 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3878313 | Total |
| Program Services | 3448636 | ProgramServices |
| Management And General | 429677 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1835676 | BOY |
| EOY | 1531853 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 261629 | BOY |
| EOY | 67743 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1869868 | BOY |
| EOY | 1274740 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15246 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 2225 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1792748 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 138734 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1428728 | BOY |
| EOY | 1654014 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6471195 | BOY |
| EOY | 8398048 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 313798 | BOY |
| EOY | 115893 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12196140 | BOY |
| EOY | 13044516 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 277666 | BOY |
| EOY | 1384287 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3196 | BOY |
| EOY | 52902 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 280862 | BOY |
| EOY | 1437189 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1863025 | BOY |
| EOY | 1802760 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5473301 | BOY |
| EOY | 8550655 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4578952 | BOY |
| EOY | 1253912 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11915278 | BOY |
| EOY | 11607327 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12196140 | BOY |
| EOY | 13044516 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -1550 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 124736 | ReconciliationUnrealizedInvest |
| Reconcilation Prior Adjustment | -431137 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1847577 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2382758 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2846719 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4635317 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2943555 | CurrentTaxYear |
| Total | 14655926 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 790190 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 915815 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1214867 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2769419 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1190720 | CurrentTaxYear |
| Total | 6881011 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2637767 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3298573 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4061586 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7404736 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4134275 | CurrentTaxYear |
| Total | 21536937 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1664129 | AmountsSubstContributorsTotal |
| Public Support Total170 | 19872808 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 234435 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 188042 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 206700 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 268173 | CurrentTaxYearMinus1Year |
| Current Tax Year | 503684 | CurrentTaxYear |
| Total | 1401034 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 22937971 | TotalSupport |
| Gross Receipts From Admissions Etc | 1582814 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.86640 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.91100 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 263950 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4578952 | BeginningOfYearBalance |
| Contributions | 531383 | Contributions |
| Investment Earnings Or Losses | 365054 | InvestmentEarningsOrLosses |
| Other Expenditures | 117585 | OtherExpenditures |
| End Of Year Balance | 5357804 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4457114 | BeginningOfYearBalance |
| Contributions | 377236 | Contributions |
| Investment Earnings Or Losses | -174187 | InvestmentEarningsOrLosses |
| Other Expenditures | 81211 | OtherExpenditures |
| End Of Year Balance | 4578952 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3554765 | BeginningOfYearBalance |
| Contributions | 517070 | Contributions |
| Investment Earnings Or Losses | 525535 | InvestmentEarningsOrLosses |
| Other Expenditures | 140256 | OtherExpenditures |
| End Of Year Balance | 4457114 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3213447 | BeginningOfYearBalance |
| Contributions | 253317 | Contributions |
| Investment Earnings Or Losses | 406223 | InvestmentEarningsOrLosses |
| Other Expenditures | 318222 | OtherExpenditures |
| End Of Year Balance | 3554765 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3865704 | BeginningOfYearBalance |
| Contributions | 102135 | Contributions |
| Investment Earnings Or Losses | -547505 | InvestmentEarningsOrLosses |
| Other Expenditures | 206887 | OtherExpenditures |
| End Of Year Balance | 3213447 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.77890 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.22110 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 456400 | OtherCostOrOtherBasis |
| Book Value | 456400 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1072398 | OtherCostOrOtherBasis |
| Depreciation | 138734 | Depreciation |
| Book Value | 933664 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 263950 | OtherCostOrOtherBasis |
| Book Value | 263950 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1654014 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ANNUITY PAYABLE | Description |
| Amount | $52,902 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 52902 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 5043744 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 124736 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 1211239 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -114344 | OtherRevenues |
| Revenue Not Rptd F990 | 1221631 | RevenueNotRptdF990 |
| Revenue Subtotal | 3822113 | RevenueSubtotal |
| Investment Expenses Not Included | 119791 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -65141 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 54650 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3876763 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4920558 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 1211239 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 65141 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1276380 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3644178 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 119791 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 114344 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 234135 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3878313 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE FOUNDATION'S COLLECTION CONSIST OF SCULPTURES, PAINTINGS, AND OTHER ARTWORK. THE OWNERSHIP, MAINTENANCE, AND EXHIBITION FOR PUBLIC VIEWING OF WORKS OF ART CONTRIBUTES IMPORTANTLY TO THE ACHIEVEMENT OF THE INSTITUTION'S EDUCATIONAL PURPOSES BY ENHANCING PUBLIC AWARENESS AND INTEREST. | |
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT ("ENDOWMENT") IS COMPOSED OF APPROXIMATELY 130 INDIVIDUAL ENDOWMENT FUNDS PRIMARILY TO PROVIDE SCHOLARSHIPS TO ELIGIBLE STUDENTS OF THE UNIVERSITY, AND SUPPORT FOR ACADEMIC DEPARTMENTS, STUDENT ACTIVITIES, AND OTHER PURPOSES OF THE UNIVERSITY. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X, LINE 2: | THE FOUNDATION IS ORGANIZED AS A COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(IV), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE LLC IS TREATED AS A DISREGARDED ENTITY FOR TAX PURPOSES, AND IS INCORPORATED INTO THE TAX RETURN FILED BY THE FOUNDATION. THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. THE FOUNDATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS.THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: ($114,344) - EXPENSES NETTED WITH INCOME ON FINANCIALS PART XI, LINE 4B, OTHER ADJUSTMENTS: ($65,141) - RENTAL EXPENSES NETTED WITH INCOME ON THE 990 PART XII, LINE 2D - OTHER ADJUSTMENTS: $65,141 - RENTAL EXPENSES NETTED WITH INCOME ON THE 990 PART XII, LINE 4B - OTHER ADJUSTMENTS: $114,344 - EXPENSES NETTED WITH INCOME ON FINANCIALS |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROPOLITAN STATE UNIVERSITY OF DENVER | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 173362 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 80217 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 840559160 | EINOfRecipient |
| Amount Of Cash Grant | 3165000 | AmountOfCashGrant |
| Purpose Of Grant | THE FUNDS WERE USED BY THE UNIVERSITY TO AWARD SCHOLARSHIPS TO 533 INDIVIDUALS. | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FOUNDATION ENSURES THAT THE UNIVERSITY USES THE FUNDS FOR THEIR INTENDED PURPOSE BY: 1. AWARDING SCHOLARSHIPS THROUGH THE UNIVERSITY'S SCHOLARSHIP CENTER AND CREDITING TO STUDENT ACCOUNTS. 2. SEGREGATING MONIES RECEIVED FOR SCHOLARSHIPS IN A SEPARATE FUND FROM NON-SCHOLARSHIP AMOUNTS. 3. USING A SEPARATE CODE TO DISTINGUISH SCHOLARSHIP FUNDS FROM OTHER TYPES OF ACCOUNTS PAYABLE. 4. THE MANAGER OF SCHOLARSHIPS WORKING WITH THE DONOR, THE FOUNDATION AND THE SCHOLARSHIP CENTER TO ENSURE THAT ALL AVAILABLE FUNDS ARE AWARDED WHEN POSSIBLE. 5. INFORMING DONORS OF THE RESULTS OF THEIR STUDENT RECIPIENTS. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 437542 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (5 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | EQUIPMENT AND FURNITURE | 5 | 105390 | PURCHASE PRICE |
| X | FRANCHISE APPLICATION FEE | 1 | 29780 | COST TO DONOR |
| X | TICKETS AND MEMBERSHIPS | 4 | 3958 | PURCHASE PRICE |
| X | SUPPIES AND OTHER MISCELLANEOUS ITEMS | 5 | 3611 | PURCHASE PRICE |
| X | GIFT CERTIFICATES AND GIFT BASKETS | 122 | 18802 | PURCHASE PRICE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE ORGANIZATION IS MANAGED BY AN EXECUTIVE COMMITTEE COMPRISED OF THE BOARD'S CHAIR, VICE-CHAIR, SECRETARY, AND TREASURER. EX-OFFICIO MEMBERS OF THE BOARD OF DIRECTORS ALSO PARTICIPATE, BUT AS NON-VOTING MEMBERS. THE COMMITTEE IS EMPOWERED TO CONDUCT THE FOUNDATION'S BUSINESS BETWEEN REGULAR BOARD MEETINGS AND HAS ALL THE AUTHORITY OF THE BOARD EXCEPT THAT IT SHALL NOT AUTHORIZE DISTRIBUTIONS; ELECT, APPOINT OR REMOVE ANY DIRECTOR; AMEND THE ARTICLES; ADOPT, AMEND OR REPEAL THE BYLAWS; APPROVE A PLAN OF CONVERSION OR PLAN OF MERGER; OR APPROVE A SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, OF ITS PROPERTY, WITH OR WITHOUT GOODWILL, OTHERWISE THAN IN THE USUAL AND REGULAR COURSE OF BUSINESS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FOUNDATION'S AUDIT COMMITTEE REVIEWS THE FORM 990 IN DETAIL PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL OFFICERS AND BOARD MEMBERS OF THE FOUNDATION ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY, WHICH IS KEPT ON FILE. AT THE BEGINNING OF EACH BOARD MEETING, THE CHAIRMAN OF THE BOARD OF DIRECTORS ASKS FOR ANY NEW CONFLICTS TO BE DISCLOSED. THIS IS NOTED IN THE MINUTES FROM THE MEETING. ALL INDIVIDUALS COVERED BY THE POLICY HAVE A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. IF A POTENTIAL CONFLICT OF INTEREST EXISTS THE INDIVIDUAL(S) WILL BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AN INTERESTED PERSON MAY MAKE A PRESENTATION OF THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSIONS OF, AND THE VOTE, ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRMAN OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN, WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED BOARD OF DIRECTOR(S) WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION THE BOARD OF DIRECTORS SHALL MAKE ITS DECISION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION MAKES AVAILABLE ITS FORM 1023, FORM 990 AND AUDITED FINANCIAL STATEMENTS UPON REQUEST. ITS GOVERNING DOCUMENTS AND POLICIES ARE NOT AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 965 SANTA FE LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1512 LARIMER STREET SUITE 900 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 80204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271282938 | EIN |
| Primary Activities | RENT THE CENTER FOR VISUAL ARTS TO THE METROPOLITAN STATE UNIVERSITY | PrimaryActivities |
| Legal Domicile State | CO | LegalDomicileState |
| Total Income | 127781 | TotalIncome |
| EOY Assets | 1549304 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC | BusinessNameLine1 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUST | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 173362 CAMPUS BOX 14 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 80217 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | CHARITABLE REMAINDER TRUST | PrimaryActivity |
| Legal Domicile State | CA | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | T | TypeOfEntity |
| Share Of EOY Assets | 98211 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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