METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC (EIN 84-0576459)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2014-11-13
- IRS object ID
- 201443179349302319
- Schema version
- 2013v3.0
- 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) |
|---|---|---|
| Return | 2014-11-13T11:17:23-06:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| 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 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840576459 | EIN |
Business Name BusinessName
| 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) |
|---|---|---|
| Business Name Control | METR | BusinessNameControlTxt |
| Phone | 3035565117 | PhoneNum |
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 |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RONALD TILTON | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3035565117 | PhoneNum |
| Signature | 2014-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KYLE FRITCH CPA | PreparerPersonNm |
| PTIN | P00484560 | PTIN |
| Phone | 3037705700 | PhoneNum |
| Preparation | 2014-11-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RONALD TILTON | PrincipalOfficerNm |
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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,982,797 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MSUDENVER.EDU/FOUNDATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1967 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | PROMOTE THE GENERAL WELFARE AND DEVELOPMENT OF THE METROPOLITAN STATE UNIVERSITY OF DENVER. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,943,555 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,959,354 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $411,951 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $470,263 | CYProgramServiceRevenueAmt |
| PY Investment Income | $458,617 | PYInvestmentIncomeAmt |
| CY Investment Income | $441,624 | CYInvestmentIncomeAmt |
| PY Other Revenue | $62,640 | PYOtherRevenueAmt |
| CY Other Revenue | $263,386 | CYOtherRevenueAmt |
| PY Total Revenue | $3,876,763 | PYTotalRevenueAmt |
| CY Total Revenue | $6,134,627 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,165,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,523,732 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,071 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $713,313 | PYOtherExpensesAmt |
| CY Other Expenses | $523,644 | CYOtherExpensesAmt |
| PY Total Expenses | $3,878,313 | PYTotalExpensesAmt |
| CY Total Expenses | $3,054,447 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,550 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,080,180 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $13,044,516 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,516,869 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,437,189 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $195,063 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $11,607,327 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $15,321,806 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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 UNIVERSITY OF DENVER THROUGH EFFORTS INCLUDING STRATEGIC PLANNING, FUNDRAISING AND PROGRAM SUPPORT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,550,401 | ExpenseAmt |
| Grant | $2,523,732 | GrantAmt |
| Revenue | $470,263 | RevenueAmt |
| Desc | 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 UNIVERSITY. | Desc |
| Total Program Service Expenses | $2,550,401 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHEN DEVISSER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3035565100 | PhoneNum |
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 | 80217 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JAMES MULLIGAN | ||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DONALD MARSHALL | ||||||
| VICE-CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JEROME DAVIS | ||||||
| FORMER CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| COURTNEY COWGILL | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| EVI MAKOVSKY | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| NAVIN C DIMOND | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRUCE O'DONNELL | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JESSE MORREALE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CINDY PARSONS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JEFF POTTER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBIN SADLER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TOM ROMER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHRIS SILVESTRI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RON TILTON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| FAYE TATE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARILEE UTTER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHARLIE WALLING | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| FERD BELZ | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID FINE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM HANZLIK | ||||||
| DIRECTOR (EX OFFICIO) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| STEPHEN M JORDAN PHD | ||||||
| DIRECTOR (EX OFFICIO) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PETER KARPINSKI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JON KINNING | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LONDELL JACKSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOE RICE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JON ROBINSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ANGELIQUE SALAZAR MOYER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ERIN TRAPP PHD | ||||||
| EXECUTIVE DIRECTOR (THRU SEPT 2013) | 1.00 | Yes (X) | $16,951 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $16,951 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $4,959,354 | AllOtherContributionsAmt |
| Noncash Contributions | $560,443 | NoncashContributionsAmt |
| Total Contributions | $4,959,354 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNIVERSITY DEPARTMENT EVENTS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $470,263 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $470,263 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $470,263 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $376,724 | TotalRevenueColumnAmt |
| Exclusion | $376,724 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $132,679 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $69,293 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $63,386 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,386 | TotalRevenueColumnAmt |
| Exclusion | $63,386 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,843,777 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,778,877 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $64,900 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,900 | TotalRevenueColumnAmt |
| Exclusion | $64,900 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CANCELLATION OF BELOW-MARKET LEAS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $200,000 | TotalRevenueColumnAmt |
| Exclusion | $200,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $200,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,134,627 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $470,263 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $705,010 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,523,732 | TotalAmt |
| Program Services | $2,523,732 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,071 | TotalAmt |
| Management And General | $7,071 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,924 | TotalAmt |
| Management And General | $63,924 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,457 | TotalAmt |
| Management And General | $159,457 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,560 | TotalAmt |
| Management And General | $173,560 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,937 | TotalAmt |
| Management And General | $22,937 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,274 | TotalAmt |
| Management And General | $8,274 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,403 | TotalAmt |
| Management And General | $3,403 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,588 | TotalAmt |
| Management And General | $8,588 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| DISCRETIONARY EXPENSES | $43,621 | $43,621 | |
| UNIVERSITY DEPARTMENT E | $26,669 | $26,669 | |
| ALUMNI ASSOCIATION SPON | $8,930 | $8,930 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,281 | TotalAmt |
| Management And General | $4,281 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,054,447 | TotalAmt |
| Program Services | $2,550,401 | ProgramServicesAmt |
| Management And General | $504,046 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,531,853 | BOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,743 | BOYAmt |
| EOY | $1,367,272 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,274,740 | BOYAmt |
| EOY | $2,101,139 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $204,592 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,225 | BOYAmt |
| EOY | $7,300 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,792,748 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $174,176 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,654,014 | BOYAmt |
| EOY | $1,618,572 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,398,048 | BOYAmt |
| EOY | $10,087,994 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,893 | BOYAmt |
| EOY | $130,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,044,516 | BOYAmt |
| EOY | $15,516,869 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,384,287 | BOYAmt |
| EOY | $143,520 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,902 | BOYAmt |
| EOY | $51,543 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,437,189 | BOYAmt |
| EOY | $195,063 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,802,760 | BOYAmt |
| EOY | $2,324,741 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,550,655 | BOYAmt |
| EOY | $9,988,489 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,253,912 | BOYAmt |
| EOY | $3,008,576 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,607,327 | BOYAmt |
| EOY | $15,321,806 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,044,516 | BOYAmt |
| EOY | $15,516,869 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,080,180 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $634,299 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,382,758 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,846,719 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,635,317 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,943,555 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,959,354 | CurrentTaxYearAmt |
| Total | $17,767,703 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $915,815 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,214,867 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,769,419 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,190,720 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,375,485 | CurrentTaxYearAmt |
| Total | $7,466,306 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,298,573 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,061,586 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,404,736 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,134,275 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,334,839 | CurrentTaxYearAmt |
| Total | $25,234,009 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,903,955 | SubstantialContributorsTotAmt |
| Public Support Total170 | $23,330,054 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $188,042 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $206,700 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $268,173 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $503,684 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $509,403 | CurrentTaxYearAmt |
| Total | $1,676,002 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $200,000 | CurrentTaxYearAmt |
| Total | $200,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $27,110,011 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,712,107 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.86060 | PublicSupportCY170Pct |
| Public Support PY170 | 0.86640 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, SECTION B, LINE 12 | FormAndLineReferenceDesc |
| Explanation | CANCELLATION OF BELOW-MARKET LEASE PROVISION IN CVA LEASE TO UNIVERSITY | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,357,804 | BeginningYearBalanceAmt |
| Contributions | $1,839,341 | ContributionsAmt |
| Investment Earnings Or Losses | $652,745 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $32,510 | OtherExpendituresAmt |
| End Year Balance | $7,817,380 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,578,952 | BeginningYearBalanceAmt |
| Contributions | $531,383 | ContributionsAmt |
| Investment Earnings Or Losses | $365,054 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $117,585 | OtherExpendituresAmt |
| End Year Balance | $5,357,804 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,457,114 | BeginningYearBalanceAmt |
| Contributions | $377,236 | ContributionsAmt |
| Investment Earnings Or Losses | -$174,187 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $81,211 | OtherExpendituresAmt |
| End Year Balance | $4,578,952 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,554,765 | BeginningYearBalanceAmt |
| Contributions | $517,070 | ContributionsAmt |
| Investment Earnings Or Losses | $525,535 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $140,256 | OtherExpendituresAmt |
| End Year Balance | $4,457,114 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,213,447 | BeginningYearBalanceAmt |
| Contributions | $253,317 | ContributionsAmt |
| Investment Earnings Or Losses | $406,223 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $318,222 | OtherExpendituresAmt |
| End Year Balance | $3,554,765 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.62940 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.37060 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $456,400 | OtherCostOrOtherBasisAmt |
| Book Value | $456,400 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,072,398 | OtherCostOrOtherBasisAmt |
| Depreciation | $174,176 | DepreciationAmt |
| Book Value | $898,222 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $263,950 | OtherCostOrOtherBasisAmt |
| Book Value | $263,950 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,618,572 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANNUITY PAYABLE | Desc |
| Amt | $51,543 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $51,543 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,026,578 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $634,299 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $1,374,485 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $2,008,784 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,017,794 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $159,457 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$42,624 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $116,833 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,134,627 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,312,099 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,374,485 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $69,293 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,443,778 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,868,321 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $159,457 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $26,669 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $186,126 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,054,447 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
| 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. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENT EXPENSE REPORTED WITH EXPENSES ON FINANCIAL STATEMENTS -69,293. EXPENSES NETTED WITH INCOME ON FINANCIAL STATEMENTS 26,669. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENT EXPENSE REPORTED WITH EXPENSES ON FINANCIAL STATEMENTS 69,293. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | EXPENSES NETTED WITH INCOME ON FINANCIAL STATEMENTS 26,669. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROPOLITAN STATE UNIVERSITY OF DENVER | BusinessNameLine1 |
US Address USAddress
| 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) |
|---|---|---|
| Recipient EIN | 840559160 | RecipientEIN |
| Cash Grant | $2,523,732 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | THE FUNDS WERE USED BY THE UNIVERSITY TO AWARD SCHOLARSHIPS TO 533 INDIVIDUALS AND TO SUPPORT ACADEMIC ACTIVITIES, PROGRAMS AND INITIATIVES. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| 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. ACCOUNTING FOR SPECIFIC RESTRICTIONS IN SEPARATE FOUNDATION FUNDS. SEGREGATING MONIES RECEIVED FOR SCHOLARSHIPS IN A SEPARATE FUND FROM NON-SCHOLARSHIP AMOUNTS, REVIEWING ALL EXPENDITURES TO ENSURE DONOR RESTRICTIONS ARE SATISFIED, AND DISTRIBUTING MONTHLY TRANSACTION REPORTS FOR REVIEW BY ACCOUNTHOLDERS. 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. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $488,493 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | EVENT PRIZES | Desc |
| Contribution | 299 | ContributionCnt |
| Noncash Contributions Rpt F990 | $71,950 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 BEFORE IT IS FILED WITH THE IRS. IN ADDITION, THE FORM 990 IS PRESENTED TO THE ENTIRE BOARD OF DIRECTORS AT THEIR SCHEDULED MEETING FOR REVIEW AND APPROVAL BEFORE FILING. |
| 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. |
| FORM 990, PART V, LINE 2A AND FORM 990, PART VII: | THE EXECUTIVE DIRECTOR OF THE FOUNDATION IS AN EMPLOYEE OF THE METROPOLITAN STATE UNIVERSITY OF DENVER. THE EXECUTIVE DIRECTOR IS COMPENSATED BY THE UNIVERSITY; HOWEVER, THE FOUNDATION REIMBURSES THE UNIVERSITY FOR COMPENSATION PAID TO THE EXECUTIVE DIRECTOR FOR SERVICES RENDERED TO THE FOUNDATION. THE UNIVERSITY FILES FORM W-2 FOR THE EXECUTIVE DIRECTOR, THEREFORE, THE FOUNDATION IS NOT REPORTING THE EXECUTIVE DIRECTOR AS A PAID EMPLOYEE ON FORM 990, PART V, LINE 2A. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 965 SANTA FE LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 890 AURARIA PKWY STE 310 | 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 | PrimaryActivitiesTxt |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Total Income | $132,006 | TotalIncomeAmt |
| End Of Year Assets | $1,560,614 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC | BusinessNameLine1 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUST | BusinessNameLine1 |
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 | 80217 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | CHARITABLE REMAINDER TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | T | EntityTypeTxt |
| Share Of EOY Assets | $111,645 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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