2013-05-13T14:28:12-05:00 2012-06-30 KPMG LLP 210 Park Ave Suite 2850 Oklahoma City OK 73102 990 2011-07-01 736097060 OKLAHOMA STATE UNIVERSITY FOUNDATION % BRANDON MEYER OSU FOUNDATIO OKLA 4053855100 PO BOX 1749 STILLWATER OK 74076 DONNA KOEPPE 2013-05-13 true 4052396411 2011 2016-02-24 21:20:13Z KIRK JEWELL PO BOX 1749 STILLWATER OK 74076 358147607 false X WWW.OSUGIVING.COM X 1961 OK UNITING DONOR AND UNIVERSITY PASSIONS AND PRIORITIES TO ACHIEVE EXCELLENCE. 25 24 156 100 124320 87450 99003924 97357712 4459682 2825606 -1166691 20141111 1625945 1631757 103922860 121956186 9528372 10235592 0 0 7861178 10327027 1027544 656459 10975131 38260822 57099310 56677916 78318388 47244944 43637798 673665060 675382576 40479509 43333962 633185551 632048614 UNITING DONOR AND UNIVERSITY PASSIONS AND PRIORITIES TO ACHIEVE EXCELLENCE. false false 33490939 15076 INTERCOLLEGIATE ATHLETICS INCLUDES THE EXPENDITURES OF FUNDS DONATED FOR THE BENEFIT OF MEN'S AND WOMEN'S ATHLETIC PROGRAMS AT OKLAHOMA STATE UNIVERSITY, INCLUDING ACADEMIC ENRICHMENT FOR STUDENT ATHLETES, BUDGET SUPPORT FOR SPECIFIC TEAM SPORTS AND GENERAL BUDGET SUPPORT FOR THE INTERCOLLEGIATE ATHLETIC DEPARTMENT. 13070699 1477060 GENERAL UNIVERSITY SUPPORT INCLUDES THE EXPENDITURE OF FUNDS DONATED FOR STUDENT SCHOLARSHIPS AND THE TRANSFER OF ALL GIFTS-IN-KIND DONATED TO THE UNIVERSITY. THESE FUNDS ALSO SUPPORT PROGRAMS THAT SUSTAIN OVERALL UNIVERSITY PURPOSES AND OBJECTIVES AND IMPROVE QUALITY OF STUDENT LIFE SUCH AS ACADEMIC AFFAIRS, INTERNATIONAL AND DIVERSITY STUDIES, RESIDENTIAL LIFE, STUDENT AFFAIRS, AND OTHER. 2218881 3000 ENDOWED FACULTY AND LECTURESHIP INCLUDES THE EXPENDITURE OF FUNDS IN ENDOWMENTS ESTABLISHED TO SUPPORT BOARD APPOINTED DEPARTMENT CHAIRS AND PROFESSORSHIPS AND THEIR RELATED ACTIVITIES. EXPENDITURES ARE INTENDED TO SUPPORT TEACHING, RESEARCH, AND SCHOLARSHIP AND INCLUDE EXPENDITURES FOR SALARY, STUDENT SUPPORT, RESEARCH, CONFERENCE PARTICIPATION, CURRICULUM, LECTURESHIPS, AND OTHER DEVELOPMENTAL ACTIVITES WITHIN EACH COLLEGE. 12631223 8740456 339258 61411742 true true false false false true false false true true true false false false true true false true false false false false false true true false false true false true false false false false false true false false true true false false true true true true false false true 174 0 true 156 true true true false false false false true true true 25 false false false true false false X 25 24 false false false false false true false true true false false true true true true true true true true false AK AZ AR CA CO DC HI KY ME MD MA MI MN NH NJ NY OH OK OR SC UT WA WV WI X BRANDON MEYER OSU FOUNDATIO 4053855100 PO BOX 1749 STILLWATER OK 74076 MONTY BUTTS 1.0 X 0 0 0 BARRY POLLARD 1.0 X 0 0 0 GENE BATCHELDER 1.0 X 0 0 0 BRYAN CLOSE 1.0 X 0 0 0 CHARLIE EITEL 1.0 X 0 0 0 ELLEN FLEMING 1.0 X 0 0 0 MICHAEL GREENWOOD 1.0 X 0 0 0 JENNIFER GRIGSBY 1.0 X 0 0 0 DAVID HOLSTED 1.0 X 0 0 0 REX HORNING 1.0 X 0 0 0 DONALD HUMPHREYS 1.0 X 0 0 0 GRIFFIN JONES 1.0 X 0 0 0 JOHN LINEHAN 1.0 X 0 0 0 JERRY WINCHESTER 1.0 X 0 0 0 BOND PAYNE JR 1.0 X 0 0 0 SCOTT SEWELL 1.0 X 0 0 0 KENT DUNBAR 1.0 X 0 0 0 DR WILLIAM S SPEARS 1.0 X 0 0 0 JACK STUTEVILLE 1.0 X 0 0 0 KIM WATSON 1.0 X 0 0 0 DENNIS WHITE 1.0 X 0 0 0 DAVID KYLE 1.0 X 0 0 0 JERRY CLACK 1.0 X 0 0 0 STEVEN JORNS 1.0 X 0 0 0 BILL PATTERSON 1.0 X 0 0 0 KIRK JEWELL 50.0 X X 367900 0 49371 JOHN GROENDYKE 1.0 X 0 0 0 CATHY JAMESON 1.0 X 0 0 0 DONNA KOEPPE 50.0 X 166360 0 38135 BRANDON MEYER 50.0 X 215197 0 39181 PAT MOLINE 50.0 X 253577 0 28188 PAULA VOYLES 50.0 X 150543 0 18911 JASON CANIGLIA 50.0 X 142165 0 24765 CARLA WIEDMIER 50.0 X 121458 0 17097 DAVID LOYLESS 50.0 X 145142 0 26628 LARRY REECE 50.0 X 126036 0 27340 DEBRA ENGLE 40.0 X 315971 0 0 2004349 0 269616 13 true true false SEE SCHEDULE O GENERAL STATEMENT 7 1486551 8 472664 500038 96385010 11610972 97357712 HOUSING RENTAL INCOME 532000 339258 339258 INVESTMENT MANAGEMENT FEES 561000 293343 293343 DEVELOPMENT FEES 561000 2193005 2193005 2825606 6693479 124320 6569159 0 1308191 1308191 237375 156596 80779 80779 80779 247510757 1581587 234644053 1000659 12866704 580928 13447632 13447632 96687 472644 332599 -235912 -235912 0 57514 57514 0 0 MISCELLANEOUS INCOME 900099 478699 478699 478699 121956186 2825606 124320 21648548 10235592 10235592 0 0 0 1371023 406688 964335 384200 384200 6664638 1935415 4729223 492894 164174 328720 931395 315706 615689 482877 127366 355511 0 22759 15931 6828 226814 226814 0 656459 656459 1136650 1136650 263152 263152 559683 131903 427780 821570 401428 420142 396937 148982 247955 0 582074 204455 377619 1072650 134183 938467 0 161023 35380 125643 0 0 639613 243053 396560 38610 38610 INTERCOLLEGIATE ATHLETICS 33475863 33475863 GENERAL UNIVERSITY SUPPORT 11593639 11593639 ENDOWED FACULTY/LECTURESHIP 2215881 2215881 UBIT TAXES PAID 1625 1625 3890767 3890767 78318388 61411742 5931515 10975131 3208258 9177447 37969 38097 53826525 60649757 5368116 5866077 0 0 0 0 21000000 0 0 0 7957 12199 12005807 4921679 15282909 7084128 549715621 574440448 5915271 3000 6290908 6256049 0 0 13011526 11855374 673665060 675382576 5015252 5575579 0 0 6174062 5378500 0 0 0 17675320 0 0 12919611 0 0 0 16370584 14704563 40479509 43333962 X 132754141 142964043 125627112 102963590 374804298 386120981 633185551 632048614 673665060 675382576 X 43637798 -44774735 X false true true X false X 270182859 73555878 114051677 100003997 97357712 655152123 270182859 73555878 114051677 100003997 97357712 655152123 165493848 489658275 4148310 5424323 21205578 6083607 8082450 44944268 57535 666018 1055151 304794 478699 2562197 702658588 34389950 0.69686 0.69624 X OTHER INCOME INCLUDES GROSS PROFIT ON SALE OF INVENTORY AND RECOVERY ALLOWANCE ON UNCOLLECTED PLEDGES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10 0 120000 0 246888 0 875189 0 true true false true 456110209 19193105 -2752234 7098631 5990176 7291165 452171108 334830858 40233768 96873947 4988621 4842003 5997740 456110209 306543751 10887934 29112800 3052700 3560664 5100263 334830858 459430797 18340364 -154787840 5545444 5237347 5656779 306543751 0.20000 0.80000 false false 7137673 1719065 5418608 1496451 374825 1121626 3371683 2827789 543894 7084128 0 FUNDS HELD ON BEHALF OF OSU 5980259 INTEREST AGREEMENT 8724304 14704563 121956186 78318388 43637798 -43735906 13082636 -30653270 12984528 89814249 -43735906 232596 12501884 -31001426 120815675 1140511 1140511 121956186 76829720 232596 546709 779305 76050415 2267973 2267973 78318388 SUPPLEMENTAL INFORMATION 1: EXPLANATION OF ESCROW ARRANGEMENT PART IV, LINE 2B: THE FOUNDATION IS A CUSTODIAN FOR ASSETS HELD IN CONJUNCTION WITH AN AGENCY AGREEMENT BETWEEN THE FOUNDATION AND COWBOY ATHLETICS, INC. (COWBOY ATHLETICS) TO HOLD AND SAFE KEEP ASSETS IN A CUSTODIAL ACCOUNT TO SERVE AS COLLATERAL FOR A LOAN AGREEMENT BETWEEN COWBOY ATHLETICS AND A 3RD PARTY LENDER. COWBOY ATHLETICS MAY MAKE WRITTEN REQUEST TO THE FOUNDATION, WITH NOTICE TO THE LENDER, TO TRANSFER ASSETS TO COWBOY ATHLETICS. SUPPLEMENTAL INFORMATION 2: INTENDED USES OF ENDOWMENT FUNDS PART V, LINE 4: ENDOWMENTS SUPPORT OKLAHOMA STATE UNIVERSITY PRIMARILY THROUGH ANNUAL SPENDING ALLOCATION AND LONG TERM GROWTH INVESTMENTS. SUPPLEMENTAL INFORMATION 3: FIN 48 FOOTNOTE PART X, ACCOUNTING FOR CERTAIN TAX POSITIONS: THE ASC PROVIDES GUIDANCE ON THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS ENDED ON OR BEFORE JUNE 30, 2008. SUPPLEMENTAL INFORMATION 4 SCHEDULE D, PART XI, LINE 8 DESCRIPTION AMOUNT ------------ ------------ INCOME FROM SUPPORTING ORG. INCLUDED IN CONSOL. AUDIT $13,540,714 ADD BACK NET LOSS NOT INCLUDED IN CONSOL. AUDIT FOR SINGLE MEMBER LLC, OSUF OKMULGEE STUDENT HOUSING, LLC $ 580,752 WRITE OFFS OF PLEDGES AND REFUND OF PLEDGES $(1,038,830) ---------------- TOTAL $13,082,636 AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART VIII, LINE 12: SCHEDULE D, PART XII, LINE 2D DESCRIPTION AMOUNT ------------ ------------ WRITE OFFS OF PLEDGES AND REFUND OF PLEDGES $(1,038,830) REVENUE FROM SUPPORTING ORGANIZATION ENTITY $13,540,714 ------------- TOTAL 12,501,884 AMOUNTS INCLUDED ON FORM 990, PART VIII, LINE 12, BUT NOT ON LINE 1: SCHEDULE D, PART XII, LINE 4B DESCRIPTION AMOUNT ------------ ------------ RECLASSIFICATION OF CROP INCOME/EXPENSES $ 156,596 RECLASSIFICATION OF SPECIAL EVENT EXPENSES $ 332,599 OKMULGEE STU. HSG. LLC INCOME NOT REFLECTED ON AUDIT $(493,056) RECLASSIFICATION OF INVESTMENT EXPENSES $ (1,136,650) ------------ TOTAL $ (1,140,511) AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990 PART IX, LINE 25: SCHEDULE D, PART XIII, LINE 2D DESCRIPTION AMOUNT ------------ ------------ RECLASSIFICATION OF COGS FOR COWBOY DINING $ 57,514 RECLASSIFICATION OF CROP INCOME/EXPENSES $156,596 RECLASSIFICATION OF SPECIAL EVENT EXPENSES $332,599 ------------ TOTAL $546,709 AMOUNTS INCLUDED ON FORM 990, PART IX, LINE 25, BUT NOT ON LINE 1: SCHEDULE D, PART XIII, LINE 4B DESCRIPTION AMOUNT ------------ ------------ EXPENSES FROM SINGLE MEMBER LLCS $ 1,131,323 RECLASSIFICATION OF INVESTMENT EXPENSES $ 1,136,650 ------------ TOTAL $ 2,267,973 X X X X X X true BENTZ WHALEY FLESSNER CAMPAIGN FEASIBILITY false 0 90145 -90145 RUFFALO CODY LLC FUNDRAISING false 8065000 451186 7613814 BOBBY CURTIS HAMM CONSULTING false 0 69300 -69300 DEBRA C ENGLE CONSULTING CONSULTING false 0 384200 -384200 GOODEN GROUP PUBLIC RELATIONS false 0 9627 -9627 JIM L ANDERSON FUNDRAISING false 0 25000 -25000 SARAH ALIGO CONSULTING false 0 11200 -11200 8065000 1040658 7024342 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC UT VA WA WV WI DISTINGUISHED C 160175 125625 34550 1766 60509 15197 WOMEN FOR OSU 97750 89810 7940 7965 21439 24190 6 311427 257229 54198 7114 81612 112806 569352 472664 96688 16845 163560 152193 332598 -235910 true OKLAHOMA STATE UNIVERSITY 207A WHITEHURST HALL STILLWATER OK 73078 736017987 115 10235592 SCHOLARSHIPS 1 0 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS PART I, LINE 2 THE OSU FOUNDATION PROVIDES SCHOLARSHIP REIMBURSEMENTS TO OKLAHOMA STATE UNIVERSITY TO REIMBURSE EXPENSES ACCORDING TO DONOR INTENT. ADEQUATE DOCUMENTATION OF EXPENDITURES IS REQUIRED PRIOR TO DISBURSEMENT OF FUNDS. RECORDS OF THESE TRANSACTIONS ARE MAINTAINED AT THE OSU FOUNDATION. X X true true X X X X X true false false false false false false false false KIRK JEWELL 253644 0 95000 0 19256 0 28175 0 21196 0 417271 0 0 0 DONNA KOEPPE 129305 0 28000 0 9055 0 19704 0 18431 0 204495 0 0 0 BRANDON MEYER 157533 0 36000 0 21664 0 16647 0 22534 0 254378 0 0 0 PAT MOLINE 206933 0 30000 0 16644 0 12128 0 16060 0 281765 0 0 0 PAULA VOYLES 126270 0 18999 0 5274 0 8385 0 10526 0 169454 0 0 0 JASON CANIGLIA 123423 0 14194 0 4548 0 16472 0 8294 0 166931 0 0 0 CARLA WIEDMIER 105957 0 9064 0 6437 0 9223 0 7874 0 138555 0 0 0 DAVID LOYLESS 121545 0 18849 0 4748 0 8385 0 18243 0 171770 0 0 0 LARRY REECE 110924 0 9026 0 6086 0 14587 0 12753 0 153376 0 0 0 DEBRA ENGLE 253471 0 62500 0 0 0 0 0 0 0 315971 0 0 0 SUPPLEMENTAL INFORMATION 1: PART 1, LINE 1A: COMPANION TRAVEL & SOCIAL CLUB DUES: TRAVEL FOR COMPANIONS IS AUTHORIZED FOR OFFICERS AND DEVELOPMENT PERSONNEL FOR FUNDRAISING AND DONOR CULTIVATION PURPOSES. ALL RELATED TRAVEL OF COMPANIONS IS INCLUDED IN TAXABLE COMPENSATION. SOCIAL CLUB DUES AND EXPENSES ARE ALLOWED FOR QUALIFIED ENTERTAINMENT FOR DONOR CULTIVATION PURPOSES. ANY PERSONAL USE IS INCLUDED IN TAXABLE COMPENSATION. SUPPLEMENTAL INFORMATION 2: SCHEDULE J, PART 1, LINE 4 DURING FISCAL YEAR 2012, PAT MOLINE RECEIVED SEVERANCE IN THE AMOUNT OF $195,000. THE TERMS OF THE SEVERANCE AGREEMENT INCLUDE MONTHLY PAYMENTS FOR ONE YEAR, BEGINNING SEPTEMBER 2011. PAYMENTS OF $78,000, MADE IN CALENDAR 2011, WERE REPORTED IN THE EMPLOYEE'S 2011 FORM W-2. CARLA WIEDMIER SEPARATED FROM EMPLOYMENT WITH THE FOUNDATION DURING FISCAL YEAR 2012. THE TERMS OF HER SEVERANCE PROVIDE A SERIES OF PAYMENTS BEGINNING IN CALENDAR 2012. DURING FISCAL YEAR 2012, SHE RECEIVED SEVERANCE IN THE AMOUNT OF $52,875. THE SEVERANCE PAYMENTS MADE IN CALENDAR YEAR 2012 WILL BE REPORTED ON HER 2012 FORM W-2 AND THE 2012 FORM 990. DEBRA C ENGLE CONSULTING SEE PART V 323034 CONSULTING false SUPPLEMENTAL INFORMATION 1: PART IV: BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS. DEBRA ENGLE IS A FORMER OFFICER OF THE ORGANIZATION AND IS CORRECTLY REPORTED AS SUCH ON FORM 990 IN PART VII AND SCHEDULE J. DURING FY 2012 AND CALENDAR YEAR 2011, DEBRA ENGLE PROVIDED SERVICES AS AN INDEPENDENT CONTRACTOR FOR THE UNIVERSITY'S COMPREHENSIVE FUNDRAISING CAMPAIGN TO BE CONDUCTED OVER SEVERAL YEARS. THE COMPENSATION REPORTED ON SCHEDULE L, PART IV IS BASED ON A FISCAL YEAR. X 47 202490 APPRAISAL X 49365 COST X 3 43768 FAIR MARKET VALUE X FAIR MARKET VALUE X 83 6357277 HIGH/LOW X 5 4 NONE X APPRAISAL X CATTLE 6 53810 APPRAISAL X EQUIPMENT 460 1575021 COST X LIFE INSURANCE 1 1 COST X HORSES 10 270492 APPRAISAL X EVENT TICKETS 11 24624 COST X SOFTWARE 1 3266718 COST 75 false true true SCHEDULE M, PART I, LINE 32B: USE OF THIRD PARTIES AS PART OF BUILDING CAPITAL CAMPAIGN, OUTSIDE CONSULTANTS AND FUNDRAISERS CAN ACCEPT NON-CASH GIFTS IN KIND. GENERAL STATEMENT 1 PART III, LINE 4D: OTHER PROGRAM SERVICES ACCOMPLISHMETNS DESCRIPTION EXPENSE GRANTS REVENUES OTHER 12,632,849 8,740,456 0 GENERAL STATEMENT 2 PART VI, LINE 7A: THE OSU FOUNDATION HAS MEMBERS THAT ARE REFERRED TO IN THE ORGANIZATION'S BYLAWS AS GOVERNORS. ANY INDIVIDUAL PAST OR CURRENT DONOR TO THE OSU FOUNDATION MAY BE ELECTED AS A GOVERNOR OF THE OSU FOUNDATION. SUGGESTIONS FOR NOMINATIONS OF A GOVERNOR CANDIDATE SHALL BE SUBMITTED BY THE GOVERNANCE COMMITTEE TO THE FULL BOARD OF TRUSTEES; A MAJORITY VOTE OF THE TRUSTEES SHALL BE REQUIRED FOR A NOMINEE TO BE ELECTED AS GOVERNOR. AN ANNUAL MEETING OF THE GOVERNORS SHALL BE HELD IN THE FALL OF EACH YEAR ON A DATE TO BE FIXED BY THE BOARD OF TRUSTEES. AT EACH MEETING, TRUSTEES SHALL BE ELECTED BY THE GOVERNORS, REPORTS OF AFFAIRS OF THE CORPORATION SHALL BE CONSIDERED, AND ANY OTHER BUSINESS MAY BE TRANSACTED WHICH IS WITHIN THE POWERS OF THE GOVERNORS TO TRANSACT. GENERAL STATEMENT 3 PART VI, LINE 11A: THE OSU FOUNDATION PROVIDES AN ELECTRONIC COPY OF THE FORM 990 TO EACH MEMBER OF ITS AUDIT COMMITTEE VIA EMAIL PRIOR TO A REGULARLY SCHEDULED AUDIT COMMITTEE MEETING. A PRINCIPAL PURPOSE OF THE MEETING IS A REVIEW AND DISCUSSION OF THE FORM 990 AND ATTACHMENTS BEFORE THE FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY. A FINAL COPY OF FORM 990 IS PROVIDED TO THE GOVERNING BODY PRIOR TO FILING FORM 990. ADDITIONALLY, THE FOUNDATION'S FORM 990 IS REVIEWED BY AN OUTSIDE ACCOUNTING FIRM PRIOR TO FILING. GENERAL STATEMENT 4 PART VI, LINE 12C: ANNUALLY, ALL MEMBERS OF THE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE THAT IS USED TO IDENTIFY RELATIONSHIPS AND CIRCUMSTANCES THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. THE AUDIT COMMITTE HAS THE RESPONSIBIBLTY FOR OVERSIGHT OF THE PROCESS SET OUT IN THE CONFLICT OF INTEREST POLICY, INCLUDING (I) ANNUALLY MONITORING RESPONSES TO THE CONFLICT OF INTEREST QUESTIONNAIRE (II) COMMUNICATING POTENTIAL CONFLICTS OF INTEREST TO THE MANAGEMENT OF THE GOVERNING BODY AS APPROPRIATE AND (III) COMMUNICATING TO THE ORGANIZATION'S GOVERNANCE COMMITTEE ANY SUGGESTED CHANGES TO THE CONFLICT OF INTEREST POLICY. GENERAL STATEMENT 5 PART VI, LINE 15A & 15B: THE COMPENSATION COMMITTEE (COMMITTEE) IS RESPONSIBLE FOR ENGAGING AN OUTSIDE COMPENSATION AND BENEFITS CONSULTANT TO DETERMINE THE COMPENSATION OF THE ORGANIZATION'S CEO, OTHER OFFICERS, AND EMPLOYEES. THE COMMITTEE RECEIVES THE COMPENSATION REPORTS DIRECTLY. THE COMMITTEE RELIES PRIMARILY ON MARKET DATA PROVIDED BY ITS CONSULTANTS IN ASSESSING COMPENSATION FOR SENIOR OFFICERS. THE REVIEW BEGINS IN EARLY SPRING BY HOLDING A MEETING TO ENGAGE A CONSULTANT TO GATHER COMPARABLE COMPENSATION DATA. THE COMMITTEE IS AUTHORIZED TO ENGAGE AND TERMINATE ANY LEGAL, COMPENSATION, OR OTHER ADVISORS NECESSARY TO PROVIDE ADVICE AND INFORMATION IN CONNECTION WITH CARRYING OUT ITS RESPONSIBILITIES AND HAS SOLE AUTHORITY TO APPROVE SUCH ADVISOR'S FEES. THE COMMITTEE SHALL ALSO ASSURE THAT THE CONSULTANT IS INDEPENDENT (I.E. DOES NOT WORK FOR MANAGEMENT OR THE FOUNDATION IN ANY OTHER CAPACITY). THE COMMITTEE SHALL CONSIDER ALL ELEMENTS OF COMPENSATION, INCLUDING CONTRACTUAL BENEFITS THAT ARE NOT PART OF THE COMPENSATION PROCESS, DEFERRED COMPENSATION PLANS AND OTHER BENEFITS TO ENSURE THAT COMPENSATION IS REASONABLE AND DOES NOT CONSTITUTE "EXCESS BENEFITS". THE COMMITTEE ALSO REVIEWS AND APPROVES OTHER TYPES OF BENEFITS PROVIDED TO SENIOR OFFICERS IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE INTERMEDIATE SANCTIONS RULES. THE COMMITTEE REVIEWS THE GOALS AND OBJECTIVES THAT MAY BE RELEVANT TO THE COMPENSATION OF THE FOUNDATION'S CEO AND ASSURES THE FORMAL AND TIMELY EVALUATION OF THE CEO'S COMPENSATION BASED ON THE RECOMMENDATION OF THE EXECUTIVE COMMITTEE. THE COMMITTEE ALSO REVIEWS AND APPROVES THE RECOMMENDATIONS OF THE CEO WITH REGARD TO THE COMPENSATION OF THE VICE PRESIDENTS OF THE FOUNDATION, OTHER THAN THE CEO. THE COMMITTEE MEETS IN JUNE OF EACH CALENDAR YEAR TO MAKE DECISIONS REGARDING COMPENSATION. THE ACTIONS OF THE COMMITTEE ARE RECORDED IN WRITTEN MINUTES THAT ARE CIRCULATED TO ALL MEMBERS OF THE COMMITTEE. THE MINUTES CONTAIN ANY DELIBERATION AND THE FINAL DECISION MADE BY THE COMMITTEE. FINAL DECISIONS MADE BY THE COMMITTEE ARE REPORTED TO THE BOARD OF TRUSTEES AT THE NEXT FULL BOARD MEETING. GENERAL STATEMENT 6 PART VI, LINE 19: ALL GOVERNING DOCUMENTS INCLUDING THE ORGANIZATION'S BY-LAWS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON ITS WEBSITE. GENERAL STATEMENT 7 PART VII: SECTION B. INDEPENDENT CONTRACTORS WASHINGTON SPEAKERS BUREAU SPEAKING ENGAGEMENTS $210,000 P.O. BOX 75021 BALTIMORE, MD 21275-5021 RUFFALO CODY LLC CONSULTING, MANAGEMENT, AND FUNDRAISING $464,550 65 KIRKWOOD N. RD SW CEDAR RAPIDS, IA 52406 BLACKBAUD INC. SOFTWARE & CONSULTING $338,997 2000 DANIEL ISLAND DR. CHARLESTON, SC 29492 BENTZ WHALEY FLESSNER CONSULTING $157,032 7251 OHMS LANE MINNEAPOLIS, MN 55439 DEBRA C ENGLE CONSULTING LLC CONSULTING $315,972 5620 W GARDEN POINT DR. STILLWATER, OK 74074 TOTAL: $1,486,551 GENERAL STATEMENT 8 PART XI, LINE 5: OTHER CHANGES IN NET ASSETS OR FUND BALANCES WRITE OFFS OF PLEDGES AND REFUND OF PLEDGES $(1,038,830) UNREALIZED LOSSES ON INVESTMENTS $(43,735,905) -------------- TOTAL $(44,774,735) HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:KIRK JEWELL TITLE:PRESIDENT AND CEO HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DONNA KOEPPE TITLE:VP ADMINISTRATION & TREASURER HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BRANDON MEYER TITLE:VP AND GENERAL COUNSEL HOURS:2 OSUF OKMULGEE STUDENT HOUSING LLC PO BOX 1749 STILLWATER OK 74076 736097060 STDNT HOUSING OK 493058 0 OSU FDN RANCHERS DINING LLC H103 SU STILLWATER OK 74078 736097060 DINING SVCS. OK 0 0 OSU FDN COWBOY DINING LLC H103 SU STILLWATER OK 74078 736097060 DINING SVCS. OK 57514 39393 RCHR DIN LLC OSU FOUNDATION REAL ESTATE LLC PO BOX 1749 STILLWATER OK 74076 736097060 PROG. SUPPORT OK -2138 0 OSU FDN OSU STUDENT FOUNDATION LLC PO BOX 1749 STILLWATER OK 74076 736097060 PROG. SUPPORT OK 27986 5303 OSU FDN FOUNDATION FOR ENGINEERING AT OSU Inc PO BOX 1749 STILLWATER OK 74076 261124834 PROG. SUPPORT OK 501(C)(3) LINE 11 - I OSU FDN true false false true false false false false false false false false false false false false false false false FOUNDATION FOR ENGINEERING AT OSU INC C 500038 FMV