2013-11-08T09:27:06-06:00 2013-06-30 561031342 WILLIAMS OVERMAN PIERCE LLP 2501 ATRIUM DR SUITE 500 RALEIGH NC 27607 990 2012-07-01 566049503 NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC NORT 9195137149 NCSU BOX 7207 RALEIGH NC 27695 MARY PELOQUIN-DODD 9195137149 2013-11-01 1 BRIAN SCHEPPERLEY CPA P01332750 9197823444 2013-11-01 X 2012 2016-02-24 21:20:13Z MARY PELOQUIN-DODD NCSU BOX 7207 RALEIGH NC 27695 128071436 0 X SEE SCHEDULE O X 1942 NC SUPPORTS, BY FINANCIAL ASSISTANCE AND OTHERWISE, THE VARIOUS COLLEGES WITHIN THE UNIVERSITY, THE LIBRARIES, AND OTHER UNIVERSITY-CONNECTED FUNCTIONS. 18 18 0 21 0 0 25429496 93078861 3422084 5793506 834499 1713415 -162642 -89382 29523437 100496400 3634451 5489620 0 0 0 0 391120 458820 2043403 8625891 11557020 12651462 17505460 16871975 82990940 158238891 252561687 19539718 19154597 138699173 233407090 SUPPORTS, BY FINANCIAL ASSISTANCE AND OTHERWISE, THE VARIOUS COLLEGES WITHIN THE UNIVERSITY, THE LIBRARIES, AND OTHER UNIVERSITY-CONNECTED FUNCTIONS. 0 0 14941667 5489620 SUPPORTS, BY FINANCIAL ASSISTANCE, THE VARIOUS COLLEGES WITHIN THE UNIVERSITY, THE LIBRARIES, AND OTHER UNIVERSITY-CONNECTED FUNCTIONS. THE FOUNDATION AWARDS SCHOLARSHIPS, FELLOWSHIPS, AND OTHER AWARDS BASED ON THE REQUIREMENTS STIPULATED BY THE CONTRIBUTORS AND/OR RECOMMENDATIONS OF THE BOARD OF DIRECTORS. 14941667 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 41 0 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X MARY PELOQUIN-DODD 9195137149 CAMPUS BOX 7207 RALEIGH NC 27695 ROBERT A BOYETTE 1.00 X 0 0 0 KATHRYN A COUNCIL 1.00 X 0 0 0 LYNN DANIEL 1.00 X 0 0 0 DAVID A FOX 1.00 X 0 0 0 LYNNE G GARRISON 1.00 X 0 0 0 ELIZABETH GODWIN 1.00 X 0 0 0 IRA JACKSON 1.00 X X 0 0 0 STANHOPE KELLY 1.00 X 0 0 0 DAVID F PARKER 1.00 X 0 0 0 TRENT RAGLAND III 1.00 X 0 0 0 PAUL C RIDGEWAY 1.00 X 0 0 0 STEVE SCHUSTER 1.00 X 0 0 0 CHARLES STALLINGS 1.00 X 0 0 0 NAN G STRADER 1.00 X 0 0 0 WILLIAM F TROXLER 1.00 X 0 0 0 DEWAYNE N WASHINGTON 1.00 X 0 0 0 WALTER H WILKINSON JR 1.00 X 0 0 0 SMEDES YORK 1.00 X X 0 0 0 NEVIN E KESSLER 1.00 40.00 X 0 304410 36215 LAURIE REINHARDT-PLOTNIK 1.00 40.00 X 0 0 0 TAYLOR JEFFREYS 1.00 40.00 X 0 116925 20969 MARY PELOQUIN-DODD 1.00 40.00 X 0 138977 20851 CHARLES LEFFLER 1.00 40.00 X 0 286710 44300 KATHRYN HART 1.00 40.00 X 0 117692 17085 0 964714 139420 0 1 1 0 0 93078861 682617 93078861 PROG.SERV.REVENUE 611710 5793506 5793506 5793506 258675 258675 28848650 27393910 1454740 1454740 1454740 91744 181126 -89382 -89382 100496400 5793506 0 1624033 5489620 5489620 43164 37080 6084 207150 126500 80650 458820 458820 433656 433656 53041 53041 148547 132372 16175 184121 83956 100165 410218 349743 60475 540026 397940 142086 179308 135641 43667 139201 139201 14571 4138 10433 SERVICE AGREEMENTS 5302438 4587770 714668 EDUCATIONAL EQUIPMENT 1365643 1306047 59596 OTHER CONTRACTED SERVIC 1145448 991458 153990 OFFICE & MISC. SUPPLIES 941219 846808 94411 449269 313393 135876 17505460 14941667 520390 2043403 337526 1040410 19406765 18459346 16395532 50488582 164935 163955 8365867 1536679 6955523 6829188 94392813 153664357 20585797 21915849 158238891 252561687 728614 467356 3400 8156 18807704 18679085 19539718 19154597 X 7625785 8555315 50614377 57015315 80459011 167836460 138699173 233407090 158238891 252561687 X 82990940 11957115 -240138 X 0 1 X 1 0 X 3363705 7915510 30699404 25429496 43078861 110486976 3363705 7915510 30699404 25429496 43078861 110486976 75630312 34856664 321132 251375 235291 257530 258675 1324003 111810979 17965987 0.31170 0.62470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110204021 86730938 13285237 2707711 207512485 96573675 15465035 875553 2710242 110204021 62491962 22113157 12285532 316976 96573675 55339693 -1683209 9437452 601974 62491962 73209138 1141141 -17145440 1865146 55339693 0.02000 0.81000 0.17000 1 0 2309650 2309650 6049585 1530047 4519538 6632 6632 0 6829188 NC STATE INVESTMENT FUND 136879024 F WELLS FARGO- LIFE INCOME 6715905 F STIF 9085740 F SRI FUND 983688 F 153664357 OTHER ASSETS 261161 RECEIVABLE FROM UNIVERSITY ENTITIES 1330283 EXTERNALLY MANAGED IRREVOCABLE TRUST 20265972 SALES TAX RECEIVABLE 58433 21915849 LIFE INCOME FUNDS PAYABLE 4130833 DUE TO OTHERS 1236317 AGENCY FUNDS HELD IN CUSTODY FOR OTHERS 811110 LIFE INCOME FUNDS PAYABLE- EXTERNALLY MANAGED IRREVOCABLE TRUST 12500825 18679085 X 112797127 11957115 826000 39330 12822445 99974682 433656 88062 521718 100496400 17897804 826000 826000 17071804 433656 433656 17505460 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2009. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 39,330. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE LEAD TRUST 88,062. X X X 0 RUFFALO CODY 65 KIRKWOOD NORTH RD CEDAR RAPIDS IA 52404 STUDENT CALLING CONTRACT FOR ANNUAL GIVING PROGRAM 0 583821 458820 125001 583821 458820 125001 AK AL AR AZ CA CT CO FL GA HI IL KS KY MD MI MN MO MS NC NH NJ NM ND OK OR PA RI SC TN UT WA WV WI DC ME LA MA NY VA OH ARTS NC STATE GALA 62910 62910 12292 13209 32749 TEXTILES ALUMNI TAILGATE 11509 11509 5003 13111 11600 47453 2 17325 17325 8931 28054 2500 6224 91744 91744 26226 54374 14100 86426 181126 -89382 1 NORTH CAROLINA STATE UNIVERSITY NCSU BOX 7205 RALEIGH NC 27695 566000756 501(C)(3) 5489620 BOOK VALUE SCHOLARSHIPS,FACULTY SUPPORT, DEPARTMENTAL SUPPORT, AND FACILITY SUPPORT 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS REPRESENT REIMBURSEMENT OF EXPENSES PROCESSED THROUGH THE UNIVERSITY'S ACCOUNTING SYSTEMS, AND ARE SUBJECT TO UNIVERSITY AND STATE OF NORTH CAROLINA GUIDELINES, IN ADDITION TO ANY RESTRICTIONS PLACED DIRECTLY BY DONORS. 0 0 0 0 0 0 0 0 0 NEVIN E KESSLER 0 295953 0 0 0 8457 0 31132 0 5083 0 340625 0 0 MARY PELOQUIN-DODD 0 138977 0 0 0 0 0 17411 0 3440 0 159828 0 0 CHARLES LEFFLER 0 286710 0 0 0 0 0 39217 0 5083 0 331010 0 0 KATHRYN HART 0 117692 0 0 0 0 0 15441 0 1644 0 134777 0 0 SUPPLEMENTAL INFORMATION PART III THE BOARD MEMBERS THAT ARE COMPENSATED RECEIVE COMPENSATION FROM NC STATE UNIVERSITY, A 501(C)(3) ORGANIZATION RELATED TO THE FOUNDATION. X 28 682617 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIRPERSON, THE VICE CHAIRPERSON, THE IMMEDIATE PAST CHAIRPERSON, THE PRESIDENT OF THE NORTH CAROLINA STATE UNIVERSITY ALUMNI ASSOCIATION, AND THE CHAIRPERSONS OF THE AUDIT AND FINANCE COMMITTEE, THE DEVELOPMENT COMMITTEE, THE AWARDS AND GRANTS COMMITTEE, AND THE NOMINATING COMMITTEE. THE CHANCELLOR OF THE NORTH CAROLINA STATE UNIVERSITY AND THE PRESIDENT, VICE PRESIDENT FOR DEVELOPMENT, SECRETARY, AND THE TREASURER OF THE FOUNDATION SHALL SERVE AS EX-OFFICIO MEMBERS OF THE EXECUTIVE COMMITTEE WITHOUT VOTING PRIVILEGES. THE CHAIRPERSON OF THE FOUNDATION SHALL SERVE AS THE CHAIR OF THE EXECUTIVE COMMITTEE. MEMBERS SHALL SERVE TWO YEAR TERMS IN CONJUNCTION WITH THE TERM OF THE CHAIRPERSON OF THE FOUNDATION. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS OF THE FOUNDATION BETWEEN THE MEETINGS OF THE BOARD; PROVIDED, HOWEVER, THAT THE EXECUTIVE COMMITTEE SHALL HAVE NO POWER TO (A) AUTHORIZE DISTRIBUTIONS; (B) APPROVE DISSOLUTION, MERGER OR SALE, PLEDGE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE FOUNDATION'S ASSETS; (C) ELECT, APPOINT OR REMOVE DIRECTORS, EXCEPT TO FILL VACANCIES ON THE BOARD PURSUANT TO THE BYLAWS; OR (D) ADOPT, AMEND OR REPEAL THE ARTICLES OF CERTIFICATE OF INCORPORATION OR THESE BYLAWS. THE PRESENCE OF ONE-HALF OF THE VOTING DIRECTORS OF THE EXECUTIVE COMMITTEE AT ANY REGULAR OR SPECIAL MEETING OR SAID COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY AUDIT & INVESTMENT COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY CORPORATE TRANSACTION IN WHICH A DIRECTOR HAS A DIRECT OR INDIRECT INTEREST MUST BE AUTHORIZED, APPROVED OR RATIFIED IN GOOD FAITH BY A MAJORITY, NOT LESS THAN TWO OF THE DIRECTORS WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION EVEN THOUGH LESS THAN A QUORUM; PROVIDED, HOWEVER, NO SUCH TRANSACTION SHALL BE AUTHORIZED, APPROVED OR RATIFIED BY A SINGLE DIRECTOR. A DIRECTOR HAS AN INDIRECT INTEREST IN A TRANSACTION IF: (A) ANOTHER ENTITY IN WHICH HE HAS A MATERIAL FINANCIAL INTEREST OR IN WHICH HE IS A GENERAL PARTNER IS A PARTY TO THE TRANSACTION; OR (B) ANOTHER ENTITY OF WHICH HE IS A DIRECTOR, OFFICER, OR TRUSTEE IS A PARTY TO THE TRANSACTION AND THE TRANSACTION IS OR SHOULD BE CONSIDERED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS AND OFFICERS OF NC STATE UNIVERSITY FOUNDATION INC THAT DO RECEIVE COMPENSATION ARE COMPENSATED BY NC STATE UNIVERSITY, A 501(C)(3) ORGANIZATION RELATED TO NC STATE UNIVERSITY FOUNDATION INC. NC STATE UNIVERSITY SETS THE COMPENSATION OF THESE EMPLOYEES BY ACQUIRING COMPARABILITY DATA WHICH IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. FORM 990, PART VI, SECTION C, LINE 18 THE 990 IS LISTED ON THE WEBSITE AND AVAILABLE THROUGH GUIDESTAR. FORM 1023 (WHICH WAS FILED PRIOR TO JULY 15, 1987) IS NOT PUBLICLY AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE HTTP://FOUNDATIONSACCOUNTING.OFB.NCSU/FOUNDATIONS. OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: TRANSFER TO OTHER UNIVERSITY ENTITIES -191,406. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 39,330. CHANGE IN VALUE OF CHARITABLE LEAD TRUST -88,062. WEBSITE PAGE 1, QUESTION J HTTP://FOUNDATIONSACCOUNTING.OFB.NCSU/FOUNDATIONS NC STATE EXECUTIVE EDUCATION LLC NCSU BOX 7207 RALEIGH NC 27695 566049503 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY-EXECUTIVE EDUCATION PROGRAM NC 1231504 206436 NC STATE UNIVERSITY FOUNDATION NORTH CAROLINA VETERINARY MEDICAL FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 581344473 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA TOBACCO FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 591715828 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 THE NORTH CAROLINA AGRICULTURAL FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566049304 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE ENGINEERING FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 566046987 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE UNIVERSITY COLLEGE OF SCIENCES FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 581524289 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE NATURAL RESOURCES FOUNDATION INC NCSU BOX 7207 RALEIGH NC 27695 560653350 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA STATE ALUMNI ASSOCIATION INC NCSU BOX 7207 RALEIGH NC 27695 566035544 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NC STATE UNIVERSITY PARTNERSHIP CORPORATION NCSU BOX 7207 RALEIGH NC 27695 561444287 SUPPORT ORGANIZATION OF NC STATE UNIVERSITY NC 501(C)(3) 509(A)(3) N/A 0 NORTH CAROLINA STATE UNIVERSITY CLUB INC PO BOX 33067 RALEIGH NC 27636 560769351 PROVISION OF RECREATIONAL ACTIVITIES FOR MEMBERS NC 501(C)(7) N/A N/A 0 NC STATE UNIVERSITY NCSU BOX 7205 RALEIGH NC 27695 566000756 EDUCATION NC 501(C)(3) 170(B)(1)(A)(II) N/A 0 NC STATE UNIVERSITY STUDENT AID ASSOCIATION INC PO BOX 37100 RALEIGH NC 27627 560650623 FINANCING SCHOLARSHIPS AWARDED BY NC STATE UNIV. TO NEEDY & WORTHY STUDENTS NC 501(C)(3) 170(B)(1)(A)(IV) N/A 0 NORTH CAROLINA TEXTILE FOUNDATION INC NCSU BOX 8301 RALEIGH NC 27695 566045324 AIDS EDUCATION & RESEARCH IN THE COLLEGE OF TEXTILES OF NC STATE UNIVERSITY NC 501(C)(3) 509(A)(3) N/A 0 NC STATE INVESTMENT FUND INC NCSU BOX 7207 RALEIGH NC 27695 311607634 INVEST FUNDS OF NC STATE UNIVERSITY ENDOWMENT AND OTHER RELATED FOUNDATIONS NC 501(C)(3) 509(A)(3) N/A 0 CHARITABLE REMAINDER TRUSTS (15) ASSET INVESTMENT NC NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC T 0 CHARITABLE REMAINDER TRUSTS-EXTERNALLY MANAGED (1) ASSET INVESTMENT NC N/A T 0 CHARITABLE LEAD TRUST (1) ASSET INVESTMENT NC N/A T 0 0 1 0 1 0 0 0 0 0 1 0 1 0 1 1 1 1 1 1