2014-05-12T12:15:21-05:00 2013-06-30 363990892 Capin Crouse LLP 972 Emerson Parkway Ste A Greenwood IN 46143 990 2012-07-01 480996330 MidAmerica Nazarene University Foundation MIDA 9139713600 2030 E College Way Olathe KS 66062 Jon D North 9139713600 2014-05-12 1 David C Moja P00747006 3178852620 2012 2015-11-30 17:44:51Z Jon D North 2030 E College Way Olathe KS 66062 4315609 0 X www.mnu.edu X 1984 KS Support for MidAmerica Nazarene University through scholarship funds and other assistance 10 6 0 8 0 0 3221536 2873991 0 0 223500 386367 41707 57647 3486743 3318005 2914613 2659854 0 0 0 0 0 0 79558 120451 92146 3035064 2752000 451679 566005 7854393 8793422 356789 517024 7497604 8276398 Educational, religious, and charitable support for MidAmerica Nazarene University by providing scholarship funds and other assistance to the University. 0 0 2375174 2374344 Institutional support for 1,862 students at MidAmerica Nazarene University. 285510 285510 Educational, religious, and charitable support for MidAmerica Nazarene University by providing scholarship funds and other assistance to the University. For fiscal year ending 6/30/2013, there were approximately 220 student scholarship recipients. 2660684 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 10 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 10 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 KS X Jon North 9139713600 2030 E College Way Olathe KS 66062 Mr Jon North 1.00 40.00 X X 0 124279 21803 Michael D Major 1.00 X X 0 0 0 Lonnie Hephner 1.00 X X 0 0 0 Brian G Diddle 1.00 X X 0 0 0 Tim Buchanan 1.00 1.00 X X 0 0 0 Kevin P Gilmore 1.00 40.00 X X 0 111328 36046 Charles J Nunamaker 1.00 X X 0 0 0 Timothy R Keeton 1.00 X 0 61963 14546 Larry D McIntire 1.00 1.00 X 0 0 0 Otto W Theel 1.00 X 0 0 0 David J Spittal 1.00 40.00 X 0 175244 391 Douglas L Diehl 1.00 X 0 0 0 0 472814 72786 0 0 1 0 0 250022 2623969 85615 2873991 244652 244652 54788 37332 17456 17456 17456 989290 847575 141715 141715 141715 119386 250022 112697 6689 6689 Other Income 900099 33502 33502 33502 3318005 0 0 444014 2659854 2659854 3375 3375 28313 28313 16178 16178 1381 830 551 3015 162 2853 9590 9590 262 262 6935 6935 Pledge Write-off Expens 16725 16725 Life Insurance Premiums 5348 5348 Foreign Tax Withholding 1024 1024 2752000 2660684 11758 79558 1069731 708128 55355 83270 17298 545 2500000 2400000 831099 12236 824107 818863 3198566 4580487 189336 202129 7854393 8793422 29276 131548 567 87374 326946 298102 356789 517024 X 95570 275703 320702 526191 7081332 7474504 7497604 8276398 7854393 8793422 X 566005 211963 826 X X 0 1 X 1 0 X 1785590 2840474 2967959 3221536 2873991 13689550 1785590 2840474 2967959 3221536 2873991 13689550 13689550 674740 360465 357485 273248 299440 1965378 227310 123948 6073 154245 152888 664464 16319392 0.83890 0.81360 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2008 Amount: $ 57,175. 2009 Amount: $ 23,940. 2010 Amount: $ 43,054. 2011 Amount: $ 21,001. 2012 Amount: $ 33,502. Annuity Income - 2008 Amount: $ 170,135. 2009 Amount: $ 100,008. 2010 Amount: $ -36,981. Fundraising Event Income - 2011 Amount: $ 133,244. 2012 Amount: $ 119,386. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7098048 457919 566812 213184 22769 7886826 6926816 381604 90948 277833 2780 20707 7098048 6574342 198353 873408 275332 424879 19706 6926186 6704046 360069 505633 975096 20310 6574342 6871784 229862 25454 385300 37754 6704046 0.03530 0.94770 0.01700 0 0 831099 12236 818863 818863 Annuities Payable 298102 298102 X 3680823 211963 150855 362818 3318005 0 3318005 2902029 150029 150029 2752000 0 2752000 Description of Intended Use of Endowment Funds: Part V, Line 4: The intended use of the endowment funds are educational, religious, and charitable support for MidAmerica Nazarene University by providing scholarship funds and other assistance to the University. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statements of activities. As of June 30, 2013 and 2012, the University had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. The University files tax returns in the U.S. federal jurisdiction. With a few exceptions, the University is no longer subject to U.S. federal examinations by tax authorities for years before 2008. Part XI, Line 2d - Other Adjustments: Rent expense included on Part VIII Line 6b 37,332. Fundraising expense included on Part VIII Line 8b 112,697. Change in value of split interest agreements 826. Part XII, Line 2d - Other Adjustments: Rent expense included on Part VIII Line 6b 37,332. Fundraising expense included on Part VIII Line 8b 112,697. President's Honors 333633 232522 101111 65 17562 18742 60946 Golf Tournament 35775 17500 18275 125 1480 4740 900 8137 369408 250022 119386 125 1545 22302 19642 69083 112697 6689 1 MidAmerica Nazarene University 2030 E College Way Olathe KS 66062 480730814 501(c)(3) 2659854 Grants to MidAmerica Nazarene University are for scholarships and institutional support. 1 0 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: MidAmerica Nazarene University Foundation maintains endowments that support its related organization, MidAmerica Nazarene University. The organization only provides grants to MidAmerica Nazarene University and therefore is able to monitor all uses of the provided grants due to their relationship. 0 0 0 0 0 0 0 0 0 David J Spittal 0 175244 0 0 0 0 0 0 0 391 0 175635 0 0 X 2 81480 Fair market value X 1 4135 Fair market value 0 1 0 Method for Determining Number of Contributions: Part I, Column (b): The number of contributors represents the number of contributions received. Form 990, Part VI, Section A, line 6 MidAmerica Nazarene University Foundation (MNUF) members shall be the original incorporators until additional members are elected by the incorporators. Members shall serve for a term of three (3) years. Members shall be persons of Christian character and integrity with a commitment to the mission of MidAmerica Nazarene University. Members shall demonstrate their support of the University by significant financial support; and/or active participation in fundraising; and/or participation in support services, committee work, or special events of the corporation; and/or being an ambassador for the University to the general public. Persons shall be recommended for membership by other members; shall apply for membership as provided by the board of directors; and shall be nominated for membership by the board of directors. Once elected by the membership, an invitation to become a member shall be issued to the proposed members by the board of directors. Members of the Foundation have the right to elect the governing body of MNUF. The members have the reserved power to approve significant decisions of MNUF's governing body. The members are not entitled to receive a share of MNUF's profits, excess dues or a share of MNUF's net assets upon dissolution. Form 990, Part VI, Section A, line 7a Members of MidAmerica Nazarene University Foundation have the right to elect all the board of directors. Form 990, Part VI, Section A, line 7b The corporate bylaws of MNUF identify certain rights and powers which are reserved to the members of MNUF. The rights and powers reserved to the members may be summarized as follows: (1) Election of members (2) Election of directors (3) Election of officers (4) Transaction of such other business as may properly be presented and come before such meeting Form 990, Part VI, Section B, line 11 An independent accounting firm prepares and reviews the Form 990. The independent accounting firm then provides the organization's executive director a draft of the Form 990 for comments and approval. After approval, the Form 990 is submitted via email to all voting members of the governing board along with a response time for questions and comments. All issues are resolved and the Form 990 is filed. Form 990, Part VI, Section B, line 12c Conflict reporting occurs via the conflict of interest disclosure form which is completed annually by each officer and director. The contract accountant reviews the signed statements. If there are conflicts, they are made known to the Board. Standard monitoring involves review of disclosures at the next annual reporting or update of an officer and director's disclosure form. Officers and directors determine if a conflict exists. A log is maintained to ensure that each officer and director returns his form. If a conflict arises, the director abstains from the vote of the conflicted position. The organization does not compensate any officers. Therefore, Lines 15a and 15b were answered no in accordance with the instructions. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Executive Committee Part VI, Section A, Line 1a The organization has an executive committee that is composed of all officers of the board. The committee meets twice a year. The executive commmittee has full authority of the governing body. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Change in value of split interest agreements 826. Explanation for Responsibility Form 990, Part XII, Line 2c The full board assumes responsibility for the oversight of the audit of the Foundation's financial statements and selection of an independent accountant. Murlen Office Quarters LLC c/o MNUF 2030 E College Way Olathe KS 66062 364652582 Real Estate KS 54788 822323 MidAmerica Nazarene University Foundation MidAmerica Nazarene University 2030 East College Way Olathe KS 66062 480730814 Education KS 501(c)(3) 2 N/A 0 Charitable Remainder Unitrust (2) CRUT KS MidAmerica Nazarene Univer Fndn T 1 Annuity Trust (1) CLAT MO MidAmerica Nazarene Univer Fndn T 1 0 1 0 1 0 0 0 0 0 0 0 1 0 1 1 1 0 1 0