2013-11-13T15:30:36-06:00 2013-06-30 341451668 ANNESS GERLACH & WILLIAMS CPA'S PO BOX 3827 YOUNGSTOWN OH 445133827 990 2012-07-01 346576610 YOUNGSTOWN STATE UNIVERSITY FOUNDATION YOUN 3309413211 606 WICK AVENUE YOUNGSTOWN OH 44502 PAUL MCFADDEN 3309413211 2013-11-13 1 J JAMES GERLACH CPA P00172344 3307585716 2012 2016-02-24 21:20:13Z PAUL MCFADDEN 606 WICK AVENUE YOUNGSTOWN OH 44502 173481386 0 X WWW.YSU.EDU/YSUFOUNDATION X 1966 OH TO SUPPORT YOUNGSTOWN STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS, LOANS & GRANTS TO STUDENTS & VARIOUS DEPARTMENTS. 41 40 7 0 0 0 2352041 2333460 0 0 6746963 20538690 0 0 9099004 22872150 5877614 7458161 0 0 380032 376405 0 0 154374 373212 473738 6630858 8308304 2468146 14563846 192435256 210770683 5165448 5149139 187269808 205621544 TO SUPPORT YOUNGSTOWN STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS, LOANS & GRANTS TO STUDENTS & VARIOUS DEPARTMENTS. 0 0 6859781 6859781 YOUNGSTOWN STATE UNIVERSITY FOUNDATION PROVIDES ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO APPROXIMATELY 3,600 ELIGIBLE GRADUATE AND UNDERGRADUATE STUDENTS AT YOUNGSTOWN STATE UNIVERSITY. 598380 598380 THE FOUNDATION ALSO PROVIDES GRANTS TO YOUNGSTOWN STATE UNIV. FOR THE PURPOSE OF LECTURES,SYMPOSIUMS,& FOR THE OPERATIONS OF VARIOUS DEPARTMENTS & CENTERS. 3335 THE FOUNDATION MAKES PENSION BENEFIT PAYMENTS TO APPROXIMATELY 3 RETIRED FACULTY MEMBERS/BENEFICIARIES OF THE ORIGINAL YOUNGSTOWN UNIVERSITY. DUE TO A MERGER THE FOUNDATION IS A SUCCESSOR OBLIGOR. 7461496 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 7 1 0 1 CJ 0 0 0 0 0 0 0 0 X 41 40 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X X MR PAUL MCFADDEN 3309413211 606 WICK AVE YOUNGSTOWN OH 44502 PAUL MCFADDEN 40.00 X X 136685 0 31180 EUGENIA ATKINSON 0.00 X 0 0 0 PETER J ASIMAKOPOULOS 0.00 X 0 0 0 GARY BITONTE 0.00 X 0 0 0 ALAN BRANT 0.00 X 0 0 0 WILLIAM J BRESNAHAN 0.00 X 0 0 0 LEE BURDMAN 0.00 X 0 0 0 ANTHONY CAFARO SR 0.00 X 0 0 0 DONALD CAGIGAS 0.00 X 0 0 0 THOMAS J CAVALIER 0.00 X 0 0 0 YT CHIU JR 0.00 X 0 0 0 ALAN W COPE 0.00 X 0 0 0 REX A FERRY 0.00 X 0 0 0 ELEANOR B FLAD 0.00 X 0 0 0 THOMAS FLEMING 0.00 X X 0 0 0 FRANK HIERRO 0.00 X 0 0 0 RICHARD J SCHIRALDI 0.00 X 0 0 0 RICHARD MCLAUGHLIN 0.00 X 0 0 0 GARRY L MROZEK 0.00 X X 0 0 0 THOMAS E NAUGHTON 0.00 X 0 0 0 JOHN L POGUE 0.00 X X 0 0 0 WILLIAM R ROESTI 0.00 X 0 0 0 WILLIAM A RUSSELL 0.00 X 0 0 0 JAMES H SISEK 0.00 X 0 0 0 CR SMITH JR 0.00 X 0 0 0 WILLIAM L SPENCER 0.00 X 0 0 0 RICHARD B THOMPSON 0.00 X 0 0 0 MILLICENT S COUNTS 0.00 X 0 0 0 FRANK C WATSON 0.00 X 0 0 0 PAUL J WILLIAMS 0.00 X 0 0 0 WARREN P WILLIAMSON III 0.00 X 0 0 0 G LEO WINGER 0.00 X 0 0 0 JOCELYNE K LINSALATA 0.00 X 0 0 0 ROBERT O'LEARY 0.00 X 0 0 0 ANTHONY PAYIAVLAS 0.00 X 0 0 0 TED THORNTON 0.00 X 0 0 0 BEN KECK 0.00 X 0 0 0 CARL A NUNZIATO 0.00 X 0 0 0 DON CONSTANTINI 0.00 X 0 0 0 C REID SCHMUTZ 0.00 X 0 0 0 SUDERSHAN K GARG 0.00 X 0 0 0 136685 0 31180 1 0 1 0 0 2333460 31474 2333460 6009868 6009868 165138058 150609236 14528822 14528822 14528822 22872150 0 0 20538690 7458161 7458161 167865 131511 36354 151951 103333 48618 9653 6250 3403 27772 3335 19455 4982 19164 13243 5921 32442 32442 39700 39700 191121 191121 49960 49960 55096 55096 30850 30850 1475 1475 13076 13076 25011 25011 3306 3306 5200 5200 MISCELLANEOUS 20951 20951 DUES AND SUBSCRIPTIONS 5550 5550 8308304 7461496 692434 154374 25 26 7469208 117252031 12655 8316 62973 43392 15366 19581 182748260 91399714 2189742 2091015 192435256 210770683 7508 4398 5157940 5144741 5165448 5149139 X 138001777 150854816 2409930 2748261 46858101 52018467 187269808 205621544 192435256 210770683 14563846 3787890 0 X X 0 1 X 1 0 X 2578434 1881465 2109463 2352041 2333460 11254863 2578434 1881465 2109463 2352041 2333460 11254863 11254863 6921189 5449975 5773782 5884496 6009868 30039310 41294173 0.27260 0.31540 X FORM 990, SCHEDULE A, PAGE 2, SECTION C, LINE 17A:YOUNGSTOWN STATE UNIVERSITY FOUNDATION HAS MET THE 10% "FACTS AND CIRCUMSTANCES" TEST UNDER TREASURY REGULATIONS SECTIONS 1.509(A)-2(A) AND 1.170A-9(F)(3) BECAUSE:- IT HAS RECEIVED 27.3% OF PUBLIC SUPPORT DURING THE APPLICABLE FIVE-YEAR COMPUTATION PERIOD- IT HAS A COMMUNITY BASED BOARD- IT CONDUCTS A CONTINUOUS PROGRAM TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 8308304 8308304 565415 141354 0 0 444138 461589 481543 565415 1952685 2929028 25000 25000 111035 115397 120386 141354 488172 732258 25000 25000 184759583 2227881 24500250 6135490 205352224 180099982 1806560 8760700 5907659 184759583 148598282 1722670 35893150 6114120 180099982 135342188 1545918 17438563 5728387 148598282 155768092 2132500 -14671007 7887397 135342188 0.73330 0.25330 0.01340 0 0 62973 43392 19581 19581 X 26728131 3787890 68091 3855981 22872150 0 22872150 8376395 68091 68091 8308304 0 8308304 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION'S USE OF ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIP AND OTHER SPECIFIED USES FOR THE BENEFIT OF YOUNGSTOWN STATE UNIVERSITY ITS STUDENTS AND RELATED ACTIVITIES AND PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE PROVISIONS OF "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE AMOUNT OF BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES ACCRUED RELATED TO UNRECOGNIZED TAX UNCERTAINTIES, IF ANY, IN INCOME TAX EXPENSE. AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD, THE FOUNDATION DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LIFE INSURANCE PREMIUMS PART XII, LINE 2D - OTHER ADJUSTMENTS: LIFE INSURANCE PREMIUMS 1 YOUNGSTOWN STATE UNIVERSITY ONE UNIVERSITY PLAZA YOUNGSTOWN OH 44555 341011998 170(B)(I)(A)(II) 7458161 TO EXCLUSIVELY SUPPORT YOUNGSTOWN STATE UNIVERSITY. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FOUNDATION EXCLUSIVELY SUPPORTS YOUNGSTOWN STATE UNIVERSITY WHICH IS LOCATED WITHIN THE UNITED STATES. X 1 1 X X X 0 0 0 0 0 0 0 0 0 PAUL MCFADDEN 136685 0 0 0 0 0 9568 0 21612 0 167865 0 0 0 PART I, LINE 1A THE BENEFIT OF SOCIAL CLUB DUES WERE USED STRICTLY FOR PROMOTION AND FUNDRAISING PURPOSES TO THE SUPPORT THE MISSION ACTIVITY OF THE ORGANIZATION AND WERE RECEIVED BY PAUL MCFADDEN, PRESIDENT. THE BENEFIT OF THE SOCIAL CLUB DUES WERE NOT TREATED AS TAXABLE COMPENSATION. X 3 31474 MARKET QUOTATIONS 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 IRS FORM 990 IS REVIEWED AND APPROVED BY THE FOUNDATION'S INVESTMENT COMMITTEE, EXECUTIVE COMMITTEE AND AUDIT COMMITTEE. THE FOUNDATION ALSO PROVIDED THE FORM 990 TO EACH VOTING MEMBER OF THE BOARD OF TRUSTEES IN PAPER AND/OR ELECTRONIC FORM. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES OF THE ORGANIZATION SIGN CONFLICT OF INTEREST POLICIES UPON ELECTION. CONFLICTS OF INTEREST ARE IDENTIFIED DURING BOARD MEETINGS BY THE TRUSTEES. ALSO, THE PRESIDENT MONITORS THE CONFLICTS OF INTEREST THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE FULL BOARD OF TRUSTEES AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF TRUSTEES PROCESS OF ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED OR BEEN REVISED FROM THE PRIOR YEAR TO THE CURRENT YEAR.