2013-01-25T11:51:26-06:00 2012-06-30 202153727 SB & Company LLC 200 International Circle Suite 5500 Hunt Valley MD 21030 990 2011-07-01 201372435 Delaware State University Foundation Inc DELA 3028576055 1200 North Dupont Highway Dover DE 19901 Amir Mohammadi 3028577801 2013-01-25 1 James E Marshall Jr P00841360 4105840060 2013-01-23 2011 2016-02-25 16:41:14Z Carolyn Curry 1200 North Dupont Highway Dover DE 19901 8845058 0 X www.desu.edu X 2006 DE To secure and administer private funds in support of academic programs, student scholarships, faculty development, public service initiatives, and other priorities of Delaware State University. 4 2 0 0 0 0 1696301 1970869 0 0 568910 -26789 11550 -21734 2276761 1922346 763285 971447 0 0 0 0 0 0 0 367171 727321 1130456 1698768 1146305 223578 16437223 15580128 586072 521206 15851151 15058922 X Delaware State University Foundation, Inc promotes and fosters the educational interests of Delaware State University, a publicly supported institution of higher education and a corporation of the State of Delaware. The Foundation seeks to create a sizeable monetary fund to be used for any program, project, or enterprise undertaken in the interest of the University. 0 0 1648973 971447 To create a large monetary fund to support the programs, projects, students, and enterprise undertaken in the interest of Delaware State University. 1648973 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 13 0 0 0 0 0 0 0 1 1 0 0 X 4 2 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 DE X X The Organization 3028576055 1200 North Dupont Highway Dover DE 19901 Carolyn Curry 20.00 X X 0 198022 79209 James Stewart 3.00 X X 0 0 0 Jose F Echeverri 3.00 X X 0 0 0 Amir Mohammadi 3.00 X X 0 196272 78509 Dr Harry Williams 5.00 X 0 301728 120671 0 696022 278389 0 0 1 0 0 73015 1897854 1970869 174676 174676 6655227 6856692 -201465 -201465 -201465 44286 73015 66020 -21734 -21734 1922346 0 0 -48523 971447 971447 25330 25330 249077 249077 4688 4688 74406 64607 9799 37172 33812 3360 9689 9689 3571 3571 Awards & gifts 299537 296620 2917 Membership dues 10655 10655 UBIT Expense 7969 7969 Books, subscriptions & 4807 4807 420 420 1698768 1648973 49795 0 3086919 3599116 135741 5454 12698 25000 16071 12500 8929 11996824 10538687 1335526 1284957 16437223 15580128 14963 10255 531053 445686 40056 65265 586072 521206 X 1602930 1568115 7818128 7011150 6430093 6479657 15851151 15058922 16437223 15580128 X 223578 -1015807 X 0 1 0 X 0 X X X X 1 0 0 Delaware State University 510305893 2 1 1 1 971447 1 971447 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12002499 49564 -1166703 457956 10427404 9606558 31943 2767561 403563 12002499 8264301 333482 1157193 148418 9606558 1122719 10760889 -3619307 8264301 0.62140 0.37860 0 0 25000 16071 8929 8929 Investment in Schwartz Theater 1284957 1284957 Due to Delaware State University 65265 65265 1922346 1698768 223578 -1015807 -1015807 -792229 972559 -1015807 66020 -949787 1922346 0 1922346 1764788 66020 66020 1698768 0 1698768 Description of Intended Use of Endowment Funds: Part V, Line 4: Scholarships and University support. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 66,020. Part XIII, Line 2d - Other Adjustments: Fundraising Expenses 66,020. President Scholarship Ball 66910 62000 4910 4088 18808 4413 Golf Tournament 12381 2501 9880 405 7192 6290 4 29433 8514 20919 1014 13357 701 108724 73015 35709 1419 11280 32165 11404 56268 -20559 1 Delaware State University 1200 N DuPont Highway Dover DE 19960 510305893 501(c)(3) 971447 To support academic programs, student scholarships, faculty development, public service initiatives, and other priorities of Delaware State University. 0 0 0 0 0 0 0 0 0 Carolyn Curry 0 198022 0 0 0 0 0 0 0 79209 0 277231 0 0 Amir Mohammadi 0 196272 0 0 0 0 0 0 0 78509 0 274781 0 0 Dr Harry Williams 0 301728 0 0 0 0 0 0 0 120671 0 422399 0 0 Form 990, Part VI, Section A, line 8b The Delaware State University Foundation does not have a committee with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11 The Presient of Delaware State University Foundation (DSUF) or her designee upon completion of the draft 990 will send each voting board member a copy via hard copy or an electronically secured copy to review. Voting board members will be given 10 business days to review and make any suggestions. If any suggestions are made, these suggestions will be reviewed by the President of the DSUF and a response will be given to the voting board member requesting the change. Once all changes, edits or corrections are made and the 990 is signed by the Controller, the final 990 report will be sent back to the auditors for filing by the President of the DSUF or her designee. Form 990, Part VI, Section B, line 12c We are getting recertifications from board members and will do it annually. Currently our board membership is static and small discussions concerning conflicts are informally held during the term of the members. Form 990, Part VI, Section C, line 19 The Delaware State University Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Contact Addresses for Officers, Directors, Etc Form 990, Part VII James Stewart - 300 Rockland Road, Montchanin, DE 19710. Jose F. Echeverri - 251 Saundra Street, Frederica, DE 19946. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -1,015,807. Delaware State University 1200 N DuPont Highway Dover DE 19901 510305893 Education DE 501(c)(3) 170(b)(1)(A)(ii) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0