2014-11-13T15:14:14-06:00 2014-06-30 273858252 DEAN DORTON ALLEN FORD PLLC 106 W VINE STREET SUITE 600 LEXINGTON KY 40507 990 2013-07-01 237351574 KENTUCKY STATE UNIVERSITY FOUNDATION INC KENT 5028750187 PO BOX 4210 FRANKFORT KY 406044210 DONALD LYONS TREASURER 5028750187 2014-11-13 1 LEIGH MCKEE P00169845 8592552341 2013 2015-11-30 17:44:51Z DONALD LYONS PO BOX 4210 FRANKFORT KY 406044210 4197012 0 X N/A X 1968 KY ADMINISTERING THE COLLECTION AND DISBURSEMENT OF SCHOLARSHIP FUNDS AND PROVIDING SUPPORT FOR THE ACADEMIC PROGRAMS AND ACTIVITIES OF KSU 26 26 2 50 0 0 1517986 1145367 0 0 391768 576354 0 0 1909754 1721721 79436 538908 0 0 39831 45508 0 0 0 654747 506829 774014 1091245 1135740 630476 9986275 11147693 9489 19263 9976786 11128430 ADMINISTERING THE COLLECTION AND DISBURSEMENTS OF SCHOLARSHIP FUNDS TO ELIGIBLE STUDENTS AND PROVIDING MONETARY SUPPORT FOR THE ACADEMIC PROGRAMS AND ACTIVITIES OF KENTUCKY STATE UNIVERSITY 0 0 880277 538908 ADMINISTERING THE COLLECTION AND DISBURSEMENTS OF SCHOLARSHIP FUNDS TO ELIGIBLE STUDENTS AND PROVIDING MONETARY SUPPORT FOR THE ACADEMIC PROGRAMS AND ACTIVITIES OF KENTUCKY STATE UNIVERSITY 880277 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 KY X MR DONALD LYONS TREASURER 5028750187 118 DOUGLAS AVENUE FRANKFORT KY 406044210 DR LUTHER BURSE TRUSTEE 0.00 X 0 0 0 TAVA T CLAY SECRETARY 0.00 X 0 0 0 KEVIN COOKE TRUSTEE 0.00 X 0 0 0 A FRAZIER CURRY TRUSTEE 0.00 X 0 0 0 VENITA HAWKINS TRUSTEE 0.00 X 0 0 0 DONALD W LYONS EXECUTIVE SECRETARY/TREASU 20.00 X 30846 0 0 JEFFREY MCDONALD TRUSTEE 0.00 X 0 0 0 DR HERBERT WATKINS TRUSTEE 0.00 X 0 0 0 NAOMI BARKLEY TRUSTEE 0.00 X 0 0 0 DR CLIFFORD CLAIBORNE TRUSTEE 0.00 X 0 0 0 ANN B GARVIN TRUSTEE 0.00 X 0 0 0 DR LEE CHARLES HARRIS TRUSTEE 0.00 X 0 0 0 CHARLES H LAMBERT TRUSTEE 0.00 X 0 0 0 DR GEORGE MOORE TRUSTEE 0.00 X 0 0 0 WILLIE E PEALE JR PRESIDENT 0.00 X 0 0 0 LORETTA STEWART TRUSTEE 0.00 X 0 0 0 LYTLE T DAVIS TRUSTEE 0.00 X 0 0 0 NORMA J HOGAN TRUSTEE 0.00 X 0 0 0 DR JOHNNY SHEPPARD TRUSTEE 0.00 X 0 0 0 KATHLEEN SLOAN TRUSTEE 0.00 X 0 0 0 PATRICIA W STONE VICE PRESIDENT 0.00 X 0 0 0 WILLIAM H MASON JR TRUSTEE 0.00 X 0 0 0 CUTTIE W BACON IV TRUSTEE 0.00 X 0 0 0 LATONYA DAWSON TRUSTEE 0.00 X 0 0 0 KENDRA HAMILTON TRUSTEE 0.00 X 0 0 0 LEA ROBERTSON TRUSTEE 0.00 X 0 0 0 30846 0 0 0 0 0 0 0 1145367 1145367 227553 227553 2824092 2475291 348801 348801 348801 1721721 0 0 576354 538908 538908 31923 31923 7577 7577 6008 6008 27369 27369 27100 27100 37482 37482 22901 22901 3274 3274 55010 55010 16022 16022 UNIVERSITY SUPPORT 214896 214896 STUDENT SUPPORT 68527 68527 OPERATING EXPENSES 31312 31312 DONOR CULTIVATION 2936 2936 1091245 880277 210968 0 1966708 1889815 205926 158301 63647 47625 7178529 9175002 746188 0 31203 35251 9986275 11147693 9489 19263 9489 19263 X 315740 377256 6433260 7285817 3227786 3465357 9976786 11128430 9986275 11147693 630476 521168 0 X X 0 1 X 1 0 X 604568 800712 660428 1517986 1145367 4729061 604568 800712 660428 1517986 1145367 4729061 1354871 3374190 178798 191372 211494 227759 227553 1036976 5766037 0.58520 0.56890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7392688 237571 918751 191899 8357111 6695773 82224 829761 215070 7392688 6372191 145448 325789 38630 22924 86101 6695773 5379462 340243 805673 23441 22156 107590 6372191 4966126 164159 414291 37875 20416 99323 5379462 0.41000 0.59000 0 0 65526 31984 33542 140400 126317 14083 47625 X 2242889 521168 521168 1721721 0 1721721 1091245 0 1091245 0 1091245 PART V, LINE 4: THE ORGANIZATION UTILIZES ENDOWMENT FUNDS BASED ON LEGAL RESTRICTIONS SUCH AS SCHOLARSHIP REQUIREMENTS AND FUNDING ENDOWED CHAIR POSITIONS AT KENTUCKY STATE UNIVERSITY. PART X, LINE 2: KENTUCKY STATE UNIVERSITY FOUNDATION, INC., A NOT-FOR-PROFIT ORGANIZATION OPERATING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS GENERALLY EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES. THE FOUNDATION'S MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS ANY UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS RECORDED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2010. 1 ACADEMIC SCHOLARSHIPS FOR STUDENTS ATTENDING KENTUCKY STATE UNIVERSITY 116 538908 FMV PART I, LINE 2: THE FOUNDATION RECEIVES SCHOLARSHIP RECOMMENDATIONS FROM KENTUCKY STATE UNIVERSITY. THE FOUNDATION REVIEWS THE REQUEST TO ENSURE COMPLIANCE WITH THE SPECIFIC REQUIREMENTS OF THE UNDERLYING SCHOLARSHIP FUND. UPON APPROVAL BY THE FOUNDATION, THE USE OF THE SCHOLARSHIP FUNDS IS MONITORED THROUGH MEETINGS WITH KENTUCKY STATE UNIVERSITY PERSONNEL TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S TREASURER AND OUTSIDE ACCOUNTANT REVIEW THE FORM 990 PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES REVIEWS ITS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND REQUIRES ITS MEMBERS TO REPORT ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE COMPENSATION OF THE TREASURER ANNUALLY IN CONNECTION WITH THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIALS AVAILABLE TO THE PUBLIC ON REQUEST AND AT THE DISCRETION OF THE BOARD OF DIRECTORS AND MANAGEMENT. PART XII, LINE 2C THE ORGANIZATION MADE NO CHANGES IN THE OVERSIGHT PROCESS OR SELECTION PROCESS REGARDING THE INDEPENDENT AUDIT FUNCTION. KENTUCKY STATE UNIVERSITY 400 E MAIN STREET FRANKFORT KY 40601 PUBLIC UNIVERSITY KY 115 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0