SHEPHERD UNIVERSITY FOUNDATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: SHEPHERD UNIVERSITY FOUNDATION INC (EIN 55-6020064)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2013-11-12
IRS object ID: 201303169349304205
Schema version: 2012v2.1
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-12T12:47:44-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	520783935	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SMITH ELLIOTT KEARNS & COMPANY LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	480 N POTOMAC STREET	AddressLine1
City	HAGERSTOWN	City
State	MD	State
ZIP Code	21740	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	556020064	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SHEPHERD UNIVERSITY FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SHEP	NameControl
Phone	3048765391	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 5000	AddressLine1
City	SHEPHERDSTOWN	City
State	WV	State
ZIP Code	25443	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MONICA W LINGENFELTER	Name
Title	EXECUTIVE VICE PRESIDENT	Title
Phone	3048765286	Phone
Date Signed	2013-11-05	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	WILLIAM F FRITTS II CPA	Name
PTIN	P00003567	PTIN
Phone	3017335020	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MONICA W LINGENFELTER	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	MCMURRAN HALL	AddressLine1
City	SHEPHERDSTOWN	City
State	WV	State
ZIP Code	25443	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	4720570	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.SHEPHERD.EDU/FNDTNWEB/	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1961	YearFormation
State Legal Domicile	WV	StateLegalDomicile
Activity Or Mission Description	PROVIDE SCHOLARSHIPS AND AWARDS FOR STUDENTS ATTENDING SHEPHERD UNIVERSITY, SHEPHERDSTOWN, WV	ActivityOrMissionDescription
Nbr Voting Members Governing Body	26	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	26	NbrIndependentVotingMembers
Total Nbr Employees	5	TotalNbrEmployees
Total Nbr Volunteers	98	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	2295280	ContributionsGrantsPriorYear
Contributions Grants Current Year	1972867	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	1307277	InvestmentIncomePriorYear
Investment Income Current Year	444049	InvestmentIncomeCurrentYear
Other Revenue Prior Year	12623	OtherRevenuePriorYear
Other Revenue Current Year	20224	OtherRevenueCurrentYear
Total Revenue Prior Year	3615180	TotalRevenuePriorYear
Total Revenue Current Year	2437140	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	2470703	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	1313537	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	327919	SalariesEtcPriorYear
Salaries Etc Current Year	345342	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	357088	OtherExpensePriorYear
Other Expenses Current Year	275212	OtherExpensesCurrentYear
Total Expenses Prior Year	3155710	TotalExpensesPriorYear
Total Expenses Current Year	1934091	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	459470	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	503049	RevenuesLessExpensesCY
Total Assets BOY	25384270	TotalAssetsBOY
Total Assets EOY	26201049	TotalAssetsEOY
Total Liabilities BOY	3341119	TotalLiabilitiesBOY
Total Liabilities EOY	2947133	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	22043151	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	23253916	NetAssetsOrFundBalancesEOY
Mission Description	PROVIDE SCHOLARSHIPS AND AWARDS FOR STUDENTS ATTENDING SHEPHERD UNIVERSITY, SHEPHERDSTOWN, WV AND PROVIDE ASSISTANCE AND SUPPORT FOR FACULTY, FACILITIES AND PROGRAMS OF THE UNIVERSITY.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	1226073	Expense
Grants	1226073	Grants
Description	SCHOLARSHIPS & AWARDS - SHEPHERD UNIVERSITY STUDENTS	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	87464	Expense
Grants	87464	Grants
Description	GENERAL UNIVERSITY SUPPORT	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	1313537	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	1	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	1	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	1	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	15	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	5	NumberOfEmployees
Employment Tax Returns Filed	0	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	26	NbrVotingGoverningBodyMembers
Number Independent Voting Members	26	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	0	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	MONICA W LINGENFELTER	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	3048765397	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	SHEPHERD UNIVERSITY	AddressLine1
City	SHEPHERDSTOWN	City
State	WV	State
ZIP Code	25443	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (32 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
MICHAEL A SMITH
PRESIDENT	5.00	X	X	0	0	0
RAMON A ALVAREZ
VICE-PRESIDENT	3.00	X	X	0	0	0
ALLEN L LUECK
SECRETARY	1.00	X	X	0	0	0
JULIA M CONNELL
TREASURER	1.00	X	X	0	0	0
JERRY P KERR
DIRECTOR	1.00	X		0	0	0
ELIZABETH S LOWE
DIRECTOR	1.00	X		0	0	0
DAVID B WING
DIRECTOR	1.00	X		0	0	0
WILLIAM E KNODE
DIRECTOR	1.00	X		0	0	0
DAVID T NEWLIN
DIRECTOR	1.00	X		0	0	0
CINDA L SCALES
DIRECTOR	1.00	X		0	0	0
ANDREW D MICHAEL
DIRECTOR	1.00	X		0	0	0
KENNETH J BOONE
DIRECTOR	1.00	X		0	0	0
SUSAN MENTZER-BLAIR
DIRECTOR	1.00	X		0	0	0
KENNETH E HARBAUGH
DIRECTOR	1.00	X		0	0	0
SUZANNE SHIPLEY
DIRECTOR-AT-LARGE	1.00	X		0	0	0
LARRY A STRITE
DIRECTOR	1.00	X		0	0	0
KARL L WOLF
DIRECTOR-AT-LARGE	1.00	X		0	0	0
JERRY W WILLIAMS
DIRECTOR	1.00	X		0	0	0
JOHN F BEATTY
DIRECTOR	1.00	X		0	0	0
TONY W PRICE
DIRECTOR	1.00	X		0	0	0
JOHN T REYNOLDS
DIRECTOR	1.00	X		0	0	0
STEPHEN G SKINNER
DIRECTOR	1.00	X		0	0	0
DIANE E MELBY
DIRECTOR-AT-LARGE	1.00	X		0	0	0
TIMOTHY MCSHEA
DIRECTOR	1.00	X		0	0	0
CHRISTOPHER S COLBERT
DIRECTOR-AT-LARGE	1.00	X		0	0	0
J DAVID RICKARD
DIRECTOR	1.00	X		0	0	0
MARY ELIZABETH OATES
DIRECTOR	1.00	X		0	0	0
GINA M MILLER
DIRECTOR	1.00	X		0	0	0
MELINDA MERK
DIRECTOR	1.00	X		0	0	0
DR HEIDI M HANRAHAN
DIRECTOR	1.00	X		0	0	0
MONICA W LINGENFELTER
EXECUTIVE VICE PRESIDENT	40.00		X	115615	0	8109
CATHY NEVY
COMPTROLLER	40.00		X	66700	0	1562

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	182315	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	9671	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
All Other Contributions	1972867	AllOtherContributions
Noncash Contributions	299715	NoncashContributions
Total Contributions	1972867	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	533172	TotalRevenueColumn
Exclusion	$533,172	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	2133750	Securities
Other	33923	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	2231796	Securities
Other	25000	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	-98046	Securities
Other	8923	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-89123	TotalRevenueColumn
Exclusion	-$89,123	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	46858	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	26634	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	20224	TotalRevenueColumn
Exclusion	$20,224	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2437140	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$464,273	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	87464	Total
Program Services	87464	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	1226073	Total
Program Services	1226073	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	191987	Total
Management And General	191987	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	114582	Total
Management And General	114582	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	426	Total
Management And General	426	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	15855	Total
Management And General	15855	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	22492	Total
Management And General	22492	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	4274	Total
Management And General	4274	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	18990	Total
Management And General	18990	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	142031	Total
Management And General	142031	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	2409	Total
Management And General	2409	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	47462	Total
Management And General	47462	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	297	Total
Management And General	297	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	220	Total
Management And General	220	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	11670	Total
Management And General	11670	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	5323	Total
Management And General	5323	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	5106	Total
Management And General	5106	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
REAL ESTATE INVESTMENT	19858	19858
CHANGE IN GIFT ANNUITIE	12286	12286
PROFESSIONAL DEVELOPMEN	3122	3122
ADMINISTRATIVE	1251	1251

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	913	Total
Management And General	913	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1934091	Total
Program Services	1313537	ProgramServices
Management And General	620554	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1044872	BOY
EOY	0	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	2525363	BOY
EOY	2812378	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	343878	BOY
EOY	189563	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1000	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	3319	BOY
EOY	3319	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	315047	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	90132	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	254324	BOY
EOY	224915	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	21160420	BOY
EOY	22640539	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	287234	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	51094	BOY
EOY	43101	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	25384270	BOY
EOY	26201049	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	6115	BOY
EOY	6530	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	3157153	BOY
EOY	2772324	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	177851	BOY
EOY	168279	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	3341119	BOY
EOY	2947133	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-3033428	BOY
EOY	-3016065	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	3004599	BOY
EOY	3001964	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	22071980	BOY
EOY	23268017	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	22043151	BOY
EOY	23253916	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	25384270	BOY
EOY	26201049	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	503049	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	707716	ReconciliationUnrealizedInvest
Reconcilation Other Changes	0	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	1	AuditCommittee
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
College Support Org170b1 Aiv	X	CollegeSupportOrg170b1Aiv

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2108144	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2477462	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1860110	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2295280	CurrentTaxYearMinus1Year
Current Tax Year	1972867	CurrentTaxYear
Total	10713863	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2108144	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2477462	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1860110	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2295280	CurrentTaxYearMinus1Year
Current Tax Year	1972867	CurrentTaxYear
Total	10713863	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	3406744	AmountsSubstContributorsTotal
Public Support Total170	7307119	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	623266	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	407008	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	518522	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	602187	CurrentTaxYearMinus1Year
Current Tax Year	533172	CurrentTaxYear
Total	2684155	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	73987	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5371	CurrentTaxYearMinus3Years
Total	79358	Total

Field	Value	IRS element (for citing)
Total Support	13477376	TotalSupport
Gross Receipts From Admissions Etc	204488	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.54220	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.57310	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	0	AgentTrusteeEtc
Beginning Balance	3157153	BeginningBalance
Additions During Year	314224	AdditionsDuringYear
Distributions During Year	699053	DistributionsDuringYear
Ending Balance	2772324	EndingBalance
Included On FS	1	IncludedOnFS

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	22071980	BeginningOfYearBalance
Contributions	1180821	Contributions
Investment Earnings Or Losses	15216	InvestmentEarningsOrLosses
End Of Year Balance	23268017	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	20578440	BeginningOfYearBalance
Contributions	1488412	Contributions
Investment Earnings Or Losses	18174	InvestmentEarningsOrLosses
Other Expenditures	13046	OtherExpenditures
End Of Year Balance	22071980	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	20073694	BeginningOfYearBalance
Contributions	493810	Contributions
Investment Earnings Or Losses	18357	InvestmentEarningsOrLosses
Other Expenditures	7421	OtherExpenditures
End Of Year Balance	20578440	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	18414728	BeginningOfYearBalance
Contributions	1642449	Contributions
Investment Earnings Or Losses	18400	InvestmentEarningsOrLosses
Other Expenditures	1883	OtherExpenditures
End Of Year Balance	20073694	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	18128282	BeginningOfYearBalance
Contributions	268315	Contributions
Investment Earnings Or Losses	18131	InvestmentEarningsOrLosses
End Of Year Balance	18414728	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.00000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.00000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	133000	InvestmentCostOrOtherBasis
Book Value	133000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	160202	InvestmentCostOrOtherBasis
Depreciation	71423	Depreciation
Book Value	88779	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	21845	OtherCostOrOtherBasis
Depreciation	18709	Depreciation
Book Value	3136	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	224915	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	GIFT ANNUITIES PAYABLE	Description
Amount	$168,279	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	168279	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	3167221	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	707716	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	22365	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	730081	RevenueNotRptdF990
Revenue Subtotal	2437140	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	2437140	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1956456	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	22365	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	22365	ExpensesNotRptdF990
Expenses Subtotal	1934091	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	1934091	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:	PART V, LINE 4:	THE FOUNDATION'S ENDOWMENTS CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED TO PROVIDE INVESTMENT INCOME FOR THE FOUNDATION'S OPERATIONS.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X, LINE 2:	THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS THEREFORE EXEMPT FROM FEDERAL INCOME TAX. THE FOUNDATION FOLLOWS THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2013 AND JUNE 30, 2012, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. GENERALLY, THE TAX YEARS BEFORE 2010 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE OR LOCAL TAXING AUTHORITIES.

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	GALA EVENT	NameOfEvent1
Gross Receipts Event1	42983	GrossReceiptsEvent1
Gross Revenue Event1	42983	GrossRevenueEvent1
Food And Beverage Event1	11831	FoodAndBeverageEvent1
Entertainment Event1	3200	EntertainmentEvent1
Other Direct Expenses Event1	2033	OtherDirectExpensesEvent1
Gross Receipts Total	42983	GrossReceiptsTotal
Gross Revenue Total Events	42983	GrossRevenueTotalEvents
Food And Beverage Total Events	11831	FoodAndBeverageTotalEvents
Entertainment Total Events	3200	EntertainmentTotalEvents
Other Direct Expenses Total Events	2033	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	17064	DirectExpenseSummaryEvents
Net Income Summary	25919	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	0	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	SHEPHERD UNIVERSITY	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	301 NORTH KING STREET	AddressLine1
City	SHEPHERDSTOWN	City
State	WV	State
ZIP Code	254433210	ZIPCode

Field	Value	IRS element (for citing)
EIN Of Recipient	556000799	EINOfRecipient
Amount Of Cash Grant	87464	AmountOfCashGrant
Purpose Of Grant	GENERAL EXPENSES	PurposeOfGrant

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIPS & AWARDS FOR STUDENTS ATTENDING SHEPHERD UNIVERSITY, SHEPHERDSTOWN, WEST VIRGINIA	TypeOfGrant
Number Of Recipients	517	NumberOfRecipients
Amount Of Cash Grant	1226073	AmountOfCashGrant

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublications

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	1140	NoncashContribsRptdF990
Method Of Determining Revenues	ESTIMATED FMV	MethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	2508	NoncashContribsRptdF990
Method Of Determining Revenues	FMV - NYSE	MethodOfDeterminingRevenues

Real Estate Residential RealEstateResidential

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	287234	NoncashContribsRptdF990
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (6 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	GIFT CERTIFICATES	1	100	ACTUAL COST
X	DIAMOND	1	1400	ESTIMATED FMV
X	CONCERT MARIMBA & SYMPHONIC CHIMES	1	5150	ESTIMATED FMV
X	SILENT AUCTION BASKET	1	125	ESTIMATED FMV
X	ADVERTISING	1	1975	ESTIMATED FMV
X	RECOGNITION LUNCH	1	83	ACTUAL COST

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

Return ReferenceReturnReference	ExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS REVIEWED AND SIGNED BY THE EXECUTIVE VICE PRESIDENT. THE FORM 990 IS DISTRIBUTED ELECTRONICALLY TO THE EXECUTIVE AND AUDIT COMMITTEES FOR REVIEW BEFORE RETURN IS FILED. THE PUBLIC DISCLOSURE COPY IS KEPT ON FILE IN THE SHEPHERD UNIVERSITY FOUNDATION OFFICES.
FORM 990, PART VI, SECTION B, LINE 12C	PRIOR TO BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A DIRECTOR OR COMMITTEE MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE CHAIR SHALL REPORT THE DISCLOSURE AT THE MEETING AND THE DISCLOSURE SHALL BE REFLECTECD IN THE MINUTES OF THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING.
FORM 990, PART VI, SECTION B, LINE 15A	THE EXECUTIVE VICE PRESIDENT'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS
FORM 990, PART VI, SECTION C, LINE 18	THE ORGANIZATION MAKES THE FORMS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO POSTED ON THE GUIDESTAR.ORG WEBSITE WHICH CONTAINS NUMEROUS OTHER FORM 990 NON-PROFIT TAX RETURNS AND IS AVAILABLE FOR ANYONE IN THE PUBLIC TO VIEW.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES THE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART X, LINE 21:	CUSTODIAL ACCOUNTS REPRESENTING FUNDS HELD BY THE FOUNDATION ON BEHALF OF SHEPHERD UNIVERSITY AND/OR DEPARTMENTS OF THE UNIVERSITY ARE REPORTED AS CUSTODIAL LIABILITIES. THE FOUNDATION IS RESPONSIBLE FOR THE MANAGEMENT AND ADMINISTRATION OF THESE FUNDS.
FORM 990, PART XI, LINE 2B:	THE ORGANIZATION HAS AN AUDIT COMMITTEE, WHICH IS COMPRISED OF MEMBERS OF THE BOARD OF DIRECTORS. THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND FOR PRESENTING THE RESULTS OF THE AUDIT TO THE FULL BOARD OF DIRECTORS. PRIOR TO DOING SO, THE CPA FIRM PRESENTS THE FINANCIAL REPORT AND AUDIT RESULTS TO THE AUDIT COMMITTEE FOR THEIR APPROVAL. THE AUDIT COMMITTEE IS ALSO RESPONSIBLE FOR RECOMMENDING AN INDEPENDENT CPA FIRM TO CONDUCT THE ORGANIZATION'S YEAR-END AUDIT BASED ON THEIR REVIEW OF BIDS SOLICITED FROM LOCAL-AREA FIRMS. THE FULL BOARD OF DIRECTORS MUST THEN VOTE TO APPROVE THE AUDIT COMMITTEE'S SELECTION.