BOWIE STATE UNIVERSITY FOUNDATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
BOWIE STATE UNIVERSITY FOUNDATION (EIN 52-0952758)
Tax period
2012-07-01 to 2013-06-30
Filed
2013-11-15
IRS object ID
201323199349310557
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-11-15T17:01:40-06:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN202153727EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1SB & Company LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1200 International Circle Suite 5500AddressLine1
CityHunt ValleyCity
StateMDState
ZIP Code21030ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN520952758EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Bowie State University Foundation IncBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBOWINameControl
Phone3018604308Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line114000 Jericho Park RoadAddressLine1
CityBowieCity
StateMDState
ZIP Code20715ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDr Richard LucasName
TitleExecutive DirectorTitle
Phone3018604308Phone
Date Signed2013-11-15DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NamePamela GrayName
PTINP01237506PTIN
Phone4105840060Phone
Date Prepared2013-11-15DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonDr Richard LucasNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line114000 Jericho Park RoadAddressLine1
CityBowieCity
StateMDState
ZIP Code20715ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1061136GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1972YearFormation
State Legal DomicileMDStateLegalDomicile
Activity Or Mission DescriptionTo facilitate fundraising and stewardship efforts of Bowie State University.ActivityOrMissionDescription
Nbr Voting Members Governing Body18NbrVotingMembersGoverningBody
Nbr Independent Voting Members18NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year380756ContributionsGrantsPriorYear
Contributions Grants Current Year583481ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year211726InvestmentIncomePriorYear
Investment Income Current Year363230InvestmentIncomeCurrentYear
Other Revenue Prior Year56263OtherRevenuePriorYear
Other Revenue Current Year120176OtherRevenueCurrentYear
Total Revenue Prior Year648745TotalRevenuePriorYear
Total Revenue Current Year1066887TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year243704GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY289619GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year48840SalariesEtcPriorYear
Salaries Etc Current Year49951SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year509878OtherExpensePriorYear
Other Expenses Current Year622536OtherExpensesCurrentYear
Total Expenses Prior Year802422TotalExpensesPriorYear
Total Expenses Current Year962106TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-153677RevenuesLessExpensesPriorYear
Revenues Less Expenses CY104781RevenuesLessExpensesCY
Total Assets BOY6880968TotalAssetsBOY
Total Assets EOY6930775TotalAssetsEOY
Total Liabilities BOY60149TotalLiabilitiesBOY
Total Liabilities EOY13567TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY6820819NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY6917208NetAssetsOrFundBalancesEOY
Mission DescriptionTo facilitate fund-raising efforts that seek from private sources contributions in support of the activities and mission of Bowie State University. BSUF assumes oversight of gift administration for contributions to the University including gift acceptance.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense923087Expense
Grants289619Grants
Revenue128329Revenue
DescriptionTo provide oversight of gift administration for contributions to the University including gift acceptance, acknowledgement and stewardship to gifts received.Description
Total Program Service Expense923087TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities1ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Info In Schedule O Part VXInfoInScheduleOPartV
Number Forms Transmitted With109620NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members18NbrVotingGoverningBodyMembers
Number Independent Voting Members18NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledMDStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1Jacquelyn Eubanks-RuddBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number3018604308TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line114000 Jericho Park RoadAddressLine1
CityBowieCity
StateMDState
ZIP Code20715ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (20 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
Jacqueline Sales
Chairman2.00XX000
The Honorable Albert R Wynn
Vice Chairman2.00XX000
Keith Holmes
Treasurer2.00XX000
A Toni Lewis
Secretary2.00XX000
Robert J Antonetti Jr
Member1.00X000
Judith Ann Gebhardt LMFT PHD
Member1.00X000
Andrew M Roud
Member1.00X000
Mrs Mildred Ridgley Gray
Member1.00X000
Craig Stevenson
Member1.00X000
Dr Karl Brockenbrough
Ex-Officio Member1.00X000
Dr Mickey L Burnim
Ex-Officio Member1.00X000
Dr John A Word Sr
Ex-Officio Member1.00X000
C Glenn Mahone
Member1.00X000
Kimberly A Stokes
Member1.00X000
LaRian Finney
Member1.00X000
The Honorable Geraldine Valentino-S
Member1.00X000
Robert G Johnson
Member1.00X000
Isaac Trouth
Member1.00X000
Dr Richard L Lucas Jr
Executive Director3.00XX000
Jacquelyn Eubanks-Rudd
Chief Financial Officer20.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources1CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Fundraising Events15200FundraisingEvents
All Other Contributions568281AllOtherContributions
Total Contributions583481TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column84119TotalRevenueColumn
Exclusion$84,119ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities227550Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities-51561Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities279111Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column279111TotalRevenueColumn
Exclusion$279,111ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events37657GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events15200CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses45810FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-8153TotalRevenueColumn
Exclusion-$8,153ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionOther RevenueDescription
Business Code900099BusinessCode
Total Revenue Column128329TotalRevenueColumn
Related Or Exempt Function Income128329RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue128329TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1066887TotalRevenueColumn
Related Or Exempt Function Income128329RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$355,077ExclusionAmount
FieldValueIRS element (for citing)
Info In Schedule O Part IXXInfoInScheduleOPartIX

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total289619Total
Program Services289619ProgramServices

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total49951Total
Program Services47453ProgramServices
Management And General2498ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total18600Total
Management And General18600ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total167253Total
Program Services162439ProgramServices
Management And General4814ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total2271Total
Program Services2271ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total34888Total
Program Services32770ProgramServices
Management And General2118ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total2597Total
Management And General2597ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total10409Total
Program Services10409ProgramServices

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total9876Total
Program Services6681ProgramServices
Management And General3195ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
Bad debt228037228037
Subscriptions & dues9541794856561
Uniform & accessories1777517775
Food services1158011580

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total23833Total
Program Services19197ProgramServices
Management And General4636ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total962106Total
Program Services923087ProgramServices
Management And General39019ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY775313BOY
EOY291786EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
EOY137694EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY570991BOY
EOY305265EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY2000BOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY5526357BOY
EOY6193061EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY6307BOY
EOY2969EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY6880968BOY
EOY6930775EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY60149BOY
EOY13567EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY60149BOY
EOY13567EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY320453BOY
EOY614461EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY2036201BOY
EOY1825690EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY4464165BOY
EOY4477057EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6820819BOY
EOY6917208EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6880968BOY
EOY6930775EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses104781ReconcilationRevenueExpenses
Reconciliation Unrealized Invest-8392ReconciliationUnrealizedInvest
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1797854CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years694913CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years268317CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year349406CurrentTaxYearMinus1Year
Current Tax Year568281CurrentTaxYear
Total3678771Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1797854CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years694913CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years268317CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year349406CurrentTaxYearMinus1Year
Current Tax Year568281CurrentTaxYear
Total3678771Total
FieldValueIRS element (for citing)
Public Support Total1703678771PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years27306CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years182623CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years168370CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year325333CurrentTaxYearMinus1Year
Current Tax Year311669CurrentTaxYear
Total1015301Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year189057CurrentTaxYear
Total189057Total
FieldValueIRS element (for citing)
Total Support4883129TotalSupport
Gross Receipts From Admissions Etc92543GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.75340PublicSupportPertcentage170
Public Support Pertcent Prior Year0.83020PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance5524834BeginningOfYearBalance
Contributions18792Contributions
Investment Earnings Or Losses354838InvestmentEarningsOrLosses
Grants Or Scholarships207411GrantsOrScholarships
End Of Year Balance5691053EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance5354330BeginningOfYearBalance
Contributions374999Contributions
Investment Earnings Or Losses12696InvestmentEarningsOrLosses
Grants Or Scholarships217191GrantsOrScholarships
End Of Year Balance5524834EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance4642985BeginningOfYearBalance
Contributions144001Contributions
Investment Earnings Or Losses769545InvestmentEarningsOrLosses
Grants Or Scholarships202201GrantsOrScholarships
End Of Year Balance5354330EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance3710111BeginningOfYearBalance
Contributions493777Contributions
Investment Earnings Or Losses532159InvestmentEarningsOrLosses
Grants Or Scholarships93062GrantsOrScholarships
End Of Year Balance4642985EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.08000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.79000PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.13000TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs1EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Other Securities OtherSecurities

FieldValueIRS element (for citing)
DescriptionInvestmentsDescription
Book Value6193061BookValue
Method Of ValuationFMethodOfValuation
FieldValueIRS element (for citing)
Total Of Book Value Securities6193061TotalOfBookValueSecurities
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt1115415TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-8392NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities11110DonatedSrvcAndUseOfFacilities
Other Revenues45810OtherRevenues
Revenue Not Rptd F99048528RevenueNotRptdF990
Revenue Subtotal1066887RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9901066887TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt1019026TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities11110DonatedServicesUseOfFacilities
Other Expenses Included45810OtherExpensesIncluded
Expenses Not Rptd F99056920ExpensesNotRptdF990
Expenses Subtotal962106ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form990962106TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Description of Intended Use of Endowment Funds:Part V, Line 4:The endowment funds are used to support the activities of Bowie State University, chiefly through the issuance of scholarships to students.
Description of Uncertain Tax Positions Under FIN 48:Part X, Line 2:FIN 48 Footnote - The Foundation is a not-for-profit organization exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and is recognized as such by the Internal Revenue Service. The Foundation has also been classified as an entity that is not a private foundation within the meaning of Section 509(a)(1). Accounting principles generally accepted in the United States establishes guidelines for recognizing, measuring, and disclosing tax return positions in financial statements. Management has evaluated the tax positions of the Foundation and determined that the application of these accounting principles had no material impact on its financial statements. Accordingly, no adjustments for unrecognized tax benefits or related interest or penalties were required as of June 30, 2013 and 2012. If applicable, the Foundation would recognize accrued interest and penalties related to unrecognized tax benefits in the statement of activities and changes in net assets. Management is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits would significantly increase or decrease during the next twelve months. Each of the tax years in the four-year period ending June 30, 2013, remains subject to examination by Federal taxing authorities; however, certain state taxing authorities may lengthen this period to four years.
Part XI, Line 2d - Other Adjustments:Special Event Expenses 45,810.
Part XII, Line 2d - Other Adjustments:Special Event Expenses 45,810.

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1Ashford & SimpsonNameOfEvent1
Gross Receipts Event133926GrossReceiptsEvent1
Charitable Contributions Event19400CharitableContributionsEvent1
Gross Revenue Event124526GrossRevenueEvent1
Rent Facility Costs Event11361RentFacilityCostsEvent1
Food And Beverage Event18766FoodAndBeverageEvent1
Entertainment Event116219EntertainmentEvent1
Other Direct Expenses Event15027OtherDirectExpensesEvent1
Name Of Event2AthleticsNameOfEvent2
Gross Receipts Event218931GrossReceiptsEvent2
Charitable Contributions Event25800CharitableContributionsEvent2
Gross Revenue Event213131GrossRevenueEvent2
Non Cash Prizes Event21499NonCashPrizesEvent2
Rent Facility Costs Event211605RentFacilityCostsEvent2
Other Direct Expenses Event21333OtherDirectExpensesEvent2
Gross Receipts Total52857GrossReceiptsTotal
Charitable Contributions Total15200CharitableContributionsTotal
Gross Revenue Total Events37657GrossRevenueTotalEvents
Non Cash Prizes Total Events1499NonCashPrizesTotalEvents
Rent Facility Costs Total Events12966RentFacilityCostsTotalEvents
Food And Beverage Total Events8766FoodAndBeverageTotalEvents
Entertainment Total Events16219EntertainmentTotalEvents
Other Direct Expenses Total Events6360OtherDirectExpensesTotalEvents
Direct Expense Summary Events45810DirectExpenseSummaryEvents
Net Income Summary-8153NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained0RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantScholarshipsTypeOfGrant
Number Of Recipients264NumberOfRecipients
Amount Of Cash Grant289619AmountOfCashGrant

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

TitleTitleBase Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Dr Richard L Lucas Jr
Executive Director000000000000
Jacquelyn Eubanks-Rudd
Chief Financial Officer000000000000

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
Form 990, Part V, Line 2a:All paid personnel of Bowie State University Foundation are employees of Bowie State University. As such, the University handles all payroll services and these employees are reported under the employer identification number (EIN) of the University. The related payroll expenses associated with these employees is allocated to the Foundation by the University and is included in the Foundation's books as a reimbursement to the University.
Form 990, Part VI, Section B, line 11The Audit and Finance Committee meet, review, discuss and approve the Form 990 and it is then mailed to the full Board prior to being filed to the IRS.
Form 990, Part VI, Section B, line 12cOfficers and directors are required to complete the conflict of interest disclosure form and it is updated annually. Disclosure and discussion is required for those who have declared conflicts. The discussion is conducted by either the Chairman of the Board or the Executive Director of the Foundation. In addition, individuals who are identified as having a conflict of interest might be required to have a consultation with the Chairman of the Board, the Executive Director, legal counsel, the executive committee or the full Board in executive session. Decisions are made on a case by case basis and depending on the actual relationship, the consequences would be determined based on the facts and the situation.
Form 990, Part VI, Line 15a: The Executive Director, who primarily serves as the Vice President for Institutional Advancement, is selected by a search committee. They are not necessarily independent persons. The salary is determined by the University's human resources department in conjunction with negotiations from the perspective candidate and governing rules of the position, class and range.
Form 990, Part VI, Section C, line 19The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
Form 990, Part IX, line 11gContractual services: Program service expenses 162,439. Management and general expenses 2,750. Fundraising expenses 0. Total expenses 165,189. Insurance: Program service expenses 0. Management and general expenses 2,064. Fundraising expenses 0. Total expenses 2,064.Other Fees
Form 990, Part XII, Line 2c:The process has not changed from prior year.

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