2013-11-07T11:09:05-06:00 2013-06-30 440615592 HARDEN CUMMINS MOSS & MILLER LLC 105 N MAIN SUITE 201 MARYVILLE MO 64468 990 2012-07-01 237165025 NORTHWEST FOUNDATION INC NORT 6605621248 800 UNIVERSITY AVENUE MARYVILLE MO 64468 LORI STEINER 6605621248 2013-11-06 1 SUSAN L REED P00446072 6605622141 2012 2015-11-30 17:44:51Z LORI STEINER 800 UNIVERSITY AVENUE MARYVILLE MO 64468 17995310 0 X WWW.NWMISSOURI.EDU/ALUMNI/INDEX.HTM X 1971 MO RECEIVE, INVEST, MANAGE, STEWARD AND DISBURSE PRIVATE SUPPORT FOR THE BENEFIT OF NWMSU. 30 30 0 0 0 0 2008239 4564741 30915 8504 1067984 1081940 173678 1192056 3280816 6847241 796606 1059945 0 0 0 0 0 58000 210725 1630425 1640880 2427031 2758825 853785 4088416 33348107 38034143 13475864 12268485 19872243 25765658 X THE MISSION OF THE NORTHWEST FOUNDATION, INC. IS TO ENCOURAGE, RECEIVE, INVEST, MANAGE, STEWARD AND DISBURSE PRIVATE SUPPORT ON BEHALF OF THE DONORS OF NORTHWEST MISSOURI STATE UNIVERSITY, FOR THE BENEFIT OF THE UNIVERSITY, ITS STUDENTS, FACULTY, STAFF AND ALUMNI. ESTABLISHED IN 1971, THE FOUNDATION OPERATES INDEPENDENTLY OF THE UNIVERSITY AS A SEPARATE 501(C) 3 NOT-FOR-PROFIT CORPORATION GOVERNED BY ITS OWN BOARD OF DIRECTORS. 0 0 412680 NORTHWEST FOUNDATION INC. PROVIDES SUPPORT FOR NORTHWEST MISSOURI STATE UNIVERSITY PROGRAMS. 1237480 THE FOUNDATION PROVIDES SUPPORT FOR DEPARTMENTS OF THE UNIVERSITY AND SERVES AUXILIARY FUNDS INCLUDING THE ATHLETIC DEPARTMENT AND COMMUNICATIONS DEPT 647265 NORTHWEST FOUNDATION, INC. PROVIDES FUNDING FOR SCHOLARSHIPS FOR NORTHWEST MISSOURI STATE UNIVERSITY STUDENTS. 2297425 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 18 0 0 0 0 0 0 0 1 1 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AK KY ME MD MA MI MN NH NJ NM NY OH OR SC WA MS X X LORI STEINER CPA 6605621248 800 UNIVERSITY AVENUE MARYVILLE MO 64468 X HOLLY MURPHY-BARSTOW 4.00 X X 0 0 0 MARK DOLL 1.00 X X 0 0 0 DAN RUNDE 1.00 X 0 0 0 MICHAEL JOHNSON 40.00 X 0 0 0 MARY ASBELL 1.00 X 0 0 0 RICK CARTER 1.00 X 0 0 0 KENNY PETERSEN 1.00 X 0 0 0 KAY THOMAS 1.00 X 0 0 0 DICK THOMSON 1.00 X 0 0 0 DEB TRIPP 1.00 X 0 0 0 BILL BROWN 1.00 X 0 0 0 TONI ESPEY 1.00 X 0 0 0 WILLIAM HEDGE 1.00 X 0 0 0 JUAN M RANGEL JR 1.00 X 0 0 0 GARY THOMPSON 1.00 X 0 0 0 VIRGIL ALBERTINI 1.00 X 0 0 0 JOHN W BAKER JR 1.00 X 0 0 0 BETTY BUSH 1.00 X 0 0 0 TERRY DAY 1.00 X 0 0 0 JEFFREY BORCHARDT 1.00 X 0 0 0 ARNOLD JOHNSON 1.00 X 0 0 0 PAUL SCHIEBER 1.00 X 0 0 0 OWEN STRAUB 1.00 X 0 0 0 TROY GREENFIELD 1.00 X 0 0 0 AMY HARLIN 1.00 X 0 0 0 JENNIFER NICHOLSON 1.00 X 0 0 0 MARY HAMILTON-PURDY 1.00 X 0 0 0 HAYLEY HANSON 1.00 X 0 0 0 MICHAEL ABILDTRUP 1.00 X 0 0 0 DONALD FOLEY 1.00 X 0 0 0 JOHN TEALE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 4564741 116020 4564741 PROGRAM SERVICE REVENU 900099 8504 8504 8504 946786 946786 149755 97927 51828 51828 51828 11185296 11050142 135154 135154 135154 103497 0 103497 103497 MANAGEMENT FEES 561000 500789 500789 CHANGE IN PRESENT VALUE OF INTERE 900099 371096 371096 ESTATE GIFT SURCHARGE 561000 115000 115000 49846 49846 1036731 6847241 1097063 0 1185437 X 1059945 1059945 46548 46548 4760 4760 22700 22700 58000 58000 5588 4400 1188 3648 264 2196 1188 37970 37970 6396 6396 253354 253354 15030 15030 29378 29378 MANAGEMENT FEES 500791 500791 DEFERRED GIFT SURCHARGE 115000 115000 BOND FEES 112803 112803 PROFESSIONAL SERVICES 107314 107314 379600 204320 61713 113567 2758825 2297425 250675 210725 368948 661277 748300 1076357 706072 1894308 6681713 6385060 2354507 467034 1918225 1887473 22752781 25920493 172068 209175 33348107 38034143 199483 131249 9850000 9360000 1161693 756759 2264688 2020477 13475864 12268485 X -1622319 -164763 7928619 11972557 13565943 13957864 19872243 25765658 33348107 38034143 X 4088416 1805000 -1 X 0 1 X 1 0 X 1231426 4551980 2018817 1983752 4570363 14356338 1231426 4551980 2018817 1983752 4570363 14356338 3085082 11271256 409753 544563 733825 869045 1096541 3653727 374321 255413 405150 9031 1036730 2080645 20090710 92397 0.56100 0.55580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46548 46548 2810204 2856752 292838 73210 0 0 278453 262243 271352 292838 1104886 1657329 84360 46548 46548 46548 224004 69613 65561 67838 73210 276222 414333 46548 46548 144450 X X X 0 17458608 415588 1976393 937015 14510 18928084 17441204 802485 -72421 661795 50865 17458608 14810842 904983 2492976 743250 24347 17441204 10511746 3385986 1703127 600979 189038 14810842 13454305 360240 -2587322 594969 120508 10511746 0.69000 0.31000 0 0 1066581 1066581 1090726 421711 669015 26784 19357 7427 170416 25966 144450 1887473 GIFT ANNUITIES PAYABLE 1352022 DEPOSITS HELD FOR OTHERS 315399 PRESENT VALUE OF INTEREST RATE SWAP 353056 2020477 8750167 1805000 97926 1902926 6847241 0 6847241 2856752 97927 97927 2758825 0 2758825 PART III, LINE 4: AGATE COLLECTION: HOUSED IN GEOLOGY DEPARTMENT WHERE IT IS AVAILABLE FOR PUBLIC VIEWING AND ASSISTS IN THE EDUCATION OF GEOLOGY COURSES. ZOOLOGICAL SPECIMENS AND MASTODON SKULL: HOUSED IN THE WARREN AND RITA SHUCK MUSEUM OF LIFE SCIENCES WHERE IT IS AVAILABLE FOR PUBLIC VIEWING AND ASSISTS IN THE EDUCATION OF VARIOUS BIOLOGY AND ZOOLOGY COURSES. CRYSTAL TROPHIES: HOUSED IN THE ATHLETIC DEPARTMENT WHERE IT IS AVAILABLE FOR PUBLIC VIEWING DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: INVESTMENT EARNINGS ON ENDOWED FUNDS ARE USED FOR SCHOLARSHIPS, UNIVERSITY SUPPORT AND UNIVERSITY PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED NET OF RENTAL INCOME ON 990 97,927. ROUNDING -1. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED NET OF RENTAL INCOME ON 990 97,927. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING X X X X X X 1 GONSER GERBER LLP 400 E DIEHL NAPERVILLE IL 60563 READINESS STUDY 0 0 58000 0 58000 AK KY ME MD MA MI MN NH NJ NM NY OH OR SC WA MS GOLF TOURNAMENTS 103497 103497 103497 103497 103497 1 NORTHWEST MISSOURI STATE UNIVERSITY 800 UNIVERSITY DR MARYVILLE MO 64468 446000301 412680 SUPPORT FOR NWMSU PROGRAMS NORTHWEST MISSOURI STATE UNIVERSITY SCHOLARSHIPS 800 UNIVERSITY DR MARYVILLE MO 64468 446000301 647265 SCHOLARSHIPS ALL CHECK REQUESTS MUST HAVE THE SIGNATURE OF A FUND CUSTODIAN BEFORE THEY WILL BE ISSUED. AS PART OF A COOPERATIVE PROJECT WITH THE BOOTH COLLEGE OF BUSINESS ACCOUNTING DEPARTMENT, EACH YEAR STUDENTS SUPERVISED BY A FACULTY MEMBER CONDUCT A COMPLIANCE AUDIT OF THE PERMANENTLY RESTRICTED FUNDS. THEY TEST THAT ALL DISBURSEMENTS MEET THE CRITERIA SET OUT BY THE DONOR IN THE GIFT AGREEMENTS. A NODAWAY COUNTY INDUSTRIAL DEVELOPMENT BOARD 521313729 655223AB1 2008-10-16 7675000 EDUCATIONAL FACILITIES ON NORTHWEST MISSOURI STATE UNIVERSITY CAMPUS 0 0 0 A 2008 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 US BANK 20.000000000000 0 0 0 0 0 X 1 18145 MARKET VALUE X SERVICES 1 1558 ESTIMATED MARKET VALUE X RECYCLING PAPER AND WOOD PRODUCTS 22 87805 ESTIMATED MARKET VALUE X OTHER SUPPLIES, UNIFORMS, SPORTS MEMORABILIA 5 8212 ESTIMATED MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 A PDF VERSION OF A DRAFT OF THE FORM 990 WILL BE DISTRIBUTED BY THE FINANCE OFFICER TO THE ENTIRE BOARD OF DIRECTORS VIA EMAIL AT LEAST TEN DAYS PRIOR TO THE DUE DATE OF SAID RETURN. A REQUEST FOR COMMENTS WITHIN FIVE DAYS TIME WILL ACCOMPANY THE EMAIL WHICH WILL BE SENT WITH A "READ RECEIPT". FORM 990, PART VI, SECTION B, LINE 12C FOUNDATION OFFICERS, BOARD MEMBERS, AND STAFF MUST REFRAIN FROM ENGAGING IN ANY BEHAVIOR THAT MIGHT BE CONSTRUED AS SELF-DEALING OR IN CONFLICT OF INTEREST WITH THE MISSION, GOALS, AND FUNDAMENTAL PURPOSES OF THE FOUNDATION. THE NORTHWEST FOUNDATION ACKNOWLEDGES THAT IT MAY HAVE OCCASION TO ENGAGE IN TRANSACTIONS IN WHICH AN EMPLOYEE OR A MEMBER OF THE BOARD OF DIRECTORS OF THE FOUNDATION HAS A MATERIAL INTEREST. IN THIS POLICY STATEMENT, SUCH TRANSACTIONS ARE REFERRED TO AS CONFLICT OF INTEREST TRANSACTIONS. WHEN AN EMPLOYEE OR BOARD MEMBER KNOWS THAT A CONFLICT OF INTEREST TRANSACTION WILL COME BEFORE THE BOARD OF DIRECTORS OR A COMMITTEE OF THE BOARD, THE EMPLOYEE OR BOARD MEMBER WILL DISCLOSE TO THE BOARD OR COMMITTEE THE MATERIAL FACTS OF HIS OR HER INTEREST BEFORE THE VOTE OF THE BOARD OR COMMITTEE. IF, AFTER SUCH DISCLOSURE, A MAJORITY OF THE MEMBERS OF THE BOARD OR COMMITTEE, EXCLUDING THE MEMBER HAVING AN INTEREST IN THE TRANSACTION, IN GOOD FAITH REASONABLY BELIEVE THAT THE TRANSACTION IS FAIR TO THE NORTHWEST FOUNDATION AND VOTE TO APPROVE THE TRANSACTION, THE FOUNDATION MAY ENTER INTO THE TRANSACTION. POLICY REQUIRES, HOWEVER, THAT ALL POTENTIAL CONFLICTS OF INTEREST INCLUDING MEMBERSHIPS IN OR AFFILIATIONS WITH OTHER PROPRIETARY ORGANIZATIONS, BUSINESS AFFILIATIONS WITH POSSIBLE VENDOR IMPLICATIONS, ELECTED OFFICE, AND INVOLVEMENT IN ANY OTHER ACTIVITY THAT MIGHT BE CONSTRUED AS IN CONFLICT WITH THE MISSION, GOALS, AND PURPOSE OF THE FOUNDATION SHALL BE PRESENTED IN WRITING TO THE PRESIDENT OR THE EXECUTIVE DIRECTOR OF THE FOUNDATION'S BOARD, FOR PURPOSES OF REVIEW AND POSSIBLE REMEDIAL ACTION. SUCH ACTION MAY INCLUDE HOLDING THE INFORMATION ON FILE, INFORMING THE FOUNDATION BOARD OF THE APPEARANCE OF CONFLICT OF INTEREST, OR REQUIRING THE PERSON INVOLVED TO EITHER, CEASE AND DESIST THE ACTIVITY OR TO RELINQUISH FOUNDATION BOARD MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 15 ALL STAFF MEMBERS OF NORTHWEST FOUNDATION, INC. ARE COMPENSATED AS EMPLOYEES OF NORTHWEST MISSOURI STATE UNIVERSITY IN THE OFFICE OF UNIVERSITY ADVANCEMENT. THE FOUNDATION DOES NOT HAVE EMPLOYEES OF ITS OWN. THE UNIVERSITY SETS COMPENSATION BASED ON A MARKET EVALUATION BY CUPA AND EMPLOYEE'S SALARIES FALL IN THE RANGE OF 85% TO 115% OF THE CUPA MARKET AVERAGES. FORM 990, PART VI, SECTION C, LINE 19 CURRENTLY, ALL OF THE GOVERNING DOCUMENTS OF NORTHWEST FOUNDATION AS WELL AS THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. COPIES OF THESE DOCUMENTS CAN BE DELIVERED VIA EMAIL, FAX OR US POSTAL SERVICE. ALL OTHER FUNCTIONAL EXPENSES FORM 990, PART IX, LINE 24E IN KIND EXPENSES: PROGRAM SERVICE EXPENSES 92,665. MANAGEMENT AND GENERAL EXPENSES 1,558. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 94,223. NORTHWEST MAGAZINE: PROGRAM SERVICE EXPENSES 80,860. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,860. FUNDRAISING ACTIVITIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 59,649. TOTAL EXPENSES 59,649. HONORARIUMS: PROGRAM SERVICE EXPENSES 20,668. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,668. SCT CONTRACT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 17,465. TOTAL EXPENSES 17,465. STAFF TRAINING AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,421. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,421. OTHER EXPENSES: PROGRAM SERVICE EXPENSES 1,823. MANAGEMENT AND GENERAL EXPENSES 13,272. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,095. CULTIVATION AND PROMOTION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,827. FUNDRAISING EXPENSES 10,195. TOTAL EXPENSES 12,022. CATERING: PROGRAM SERVICE EXPENSES 1,263. MANAGEMENT AND GENERAL EXPENSES 10,698. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,961. VEHICLE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,705. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,705. PREMIUMS: PROGRAM SERVICE EXPENSES 6,671. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,638. TOTAL EXPENSES 9,309. DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 7,119. TOTAL EXPENSES 7,119. COMMUNITY RELATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 6,558. TOTAL EXPENSES 6,558. DONOR CULTIVATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 5,069. TOTAL EXPENSES 5,069. MEMBERSHIPS & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 370. MANAGEMENT AND GENERAL EXPENSES 4,624. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,994. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 4,874. TOTAL EXPENSES 4,874. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,608. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,608. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ROUNDING -1.