2013-02-15T14:16:13-06:00 2012-06-30 810385940 ANDERSON ZURMUEHLEN & CO PC 1019 EAST MAIN SUITE 201 BOZEMAN MT 59715 990 2011-07-01 816001649 MONTANA STATE UNIVERSITY FOUNDATION INC DBA MONTANA STATE UNIVERSITY ALUMNI FDN MONT 4069942053 1501 SOUTH 11TH AVENUE BOZEMAN MT 597172750 MICHAEL STEVENSON 4069942053 2013-02-15 1 KYLA Q STAFFORD P00249110 4065566160 2011 2016-03-07 17:11:31Z MICHAEL STEVENSON 1501 SOUTH 11TH AVENUE BOZEMAN MT 597172750 54838665 0 X WWW.MONTANA.EDU/FOUNDATION X 1946 MT TO CREATE LIFELONG RELATIONSHIPS AND STRENGTHEN OUR RESOURCES TO ADVANCE MONTANA STATE UNIVERSITY. 18 18 64 0 0 0 14038339 36183606 996604 1474632 2019333 3858981 0 0 17054276 41517219 0 0 0 0 2633228 3594660 87963 93030 2236817 6507951 14314229 9229142 18001919 7825134 23515300 148468867 163091442 18890060 15037693 129578807 148053749 X TO CREATE LIFELONG RELATIONSHIPS AND STRENGTHEN OUR RESOURCES TO ADVANCE MONTANA STATE UNIVERSITY. 1 0 11059855 SUPPORT OF MONTANA STATE UNIVERSITY FOR INSTRUCTION, RESEARCH AND PUBLIC SERVICE. MSU IS THE STATE'S LAND GRANT INSTITUTION AND HAS APPROXIMATELY 14,500 STUDENTS. 1917213 SCHOLARSHIPS FOR MORE THAN 1,500 MONTANA STATE UNIVERSITY STUDENTS. 202440 PROGRAMS AND ACTIVITIES CONDUCTED TO DEVELOP ALUMNI RELATIONS ON BEHALF OF 80,000 ALUMNI AND 11,000 ALUMNI ASSOCIATION MEMBERS AT MONTANA STATE UNIVERSITY. 13179508 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 X 44 6 1 64 1 0 1 NL EI CA LU CJ 0 0 0 1 1 1 2 0 0 0 X 18 18 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 X X DAVID LEVEA CFO 4069942053 910 TECHNOLOGY BLVD SUITE A BOZEMAN MT 59718 MIKE FERRIS 0.00 X X 0 0 0 CORY PULFREY 0.00 X X 0 0 0 MARK SHERMAN 0.00 X X 0 0 0 LOIS NORBY 0.00 X 0 0 0 LINDA REYNOLDS 0.00 X 0 0 0 MARK BACIGALUPO 0.00 X 0 0 0 ALEXANDER BLEWETT 0.00 X 0 0 0 BRIAN CLARK 0.00 X 0 0 0 RICHARD HARTE 0.00 X 0 0 0 DAVID JACKSON 0.00 X 0 0 0 DAVID KEM 0.00 X 0 0 0 BILL PERRY 0.00 X 0 0 0 TRISTAN RENZ 0.00 X 0 0 0 KEVIN SETH 0.00 X 0 0 0 JEAN SWEENEY 0.00 X 0 0 0 MARY BETH WALSH 0.00 X 0 0 0 TONY WALLER 0.00 X 0 0 0 BRANT WEINGARTNER 0.00 X 0 0 0 MICHAEL STEVENSON 50.00 X 130214 0 9366 CARRIE FAULHABER 40.00 X 76655 0 10013 MELANIE N BURY SCHELL 45.00 X 104035 0 17235 310904 0 36614 2 0 0 0 MARTEL CONSTRUCTION INC 1203 S CHURCH AVE BOZEMAN MT 59715 CONSTRUCTION 6138435 MARTS & LUNDY 1200 WALL ST W LYNDHURST NJ 07071 CAMPAIGN CONSULTANT 122641 2 36183606 5525204 36183606 CONTRACT FOR SERVICES 900099 1097736 1097736 ADMINISTRATIVE FEES 900099 217934 217934 SALES AND SERVICES 900099 202419 202419 DUES AND MEMBERSHIP 900099 68785 68785 RENTAL INCOME 900099 52357 52357 -164599 -164599 1474632 846070 846070 16334357 13321446 3012911 3012911 3012911 41517219 1474632 0 3858981 389832 284665 105167 2370867 84167 962328 1324372 175579 3004 80540 92035 390305 11728 201338 177239 268077 8118 142745 117214 21199 21199 17266 17266 93030 93030 8848 8848 125749 5468 82090 38191 5007 267 2657 2083 415593 51815 342805 20973 83772 73230 10542 133576 133576 221898 4831 23218 193849 187327 33042 97326 56959 3250 3250 89136 89136 24540 19377 5163 MSU PROGRAM SUPPORT 11059855 11059855 MSU STUDENT SCHOLARSHIP 1917213 1917213 18001919 13179508 2585594 2236817 336912 749434 9523631 4125096 5093802 25500199 3708632 2920275 21869 464522 1488 1610 4336751 580133 3189984 3756618 22752136 21937476 101247811 102832107 751512 712353 1841090 91752 148468867 163091442 1535069 488950 559588 314442 16795403 14234301 18890060 15037693 X 4477298 4265113 45857689 61592348 79243820 82196288 129578807 148053749 148468867 163091442 X 23515300 -5040357 X X 0 1 1 X 0 X 12034765 8468705 5277599 14038339 36183606 76003014 12034765 8468705 5277599 14038339 36183606 76003014 76003014 2682571 1414554 760872 596176 846070 6300243 82303257 0.92350 0.86840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 83197160 3362000 -1419278 3063951 1534841 80541090 72349066 2399530 12476488 2442819 1585105 83197160 64524391 1658715 9147566 1864645 1116962 72349065 81825430 2719518 -16179760 3309859 1016238 64039091 1.00000 0 0 1421050 451750 1872800 2019340 452707 1566633 444611 127426 317185 3756618 4624180 F LIMITED PARTNERSHIPS INVESTMENTS 76015118 F PIMCO TOTAL RETURN FIXED INCOME 11254492 F DODGE & COX INTERNATIONAL 10938317 F 102832107 NOTES PAYABLE 650000 DEFERRED GIFT OBLIGATIONS 4194912 FUNDS HELD ON BEHALF OF OTHERS 9383489 DEPOSITS 5900 14234301 41517219 18001919 23515300 -4735547 -304810 -5040357 18474943 37470371 -4735547 688699 -4046848 41517219 0 41517219 18995429 993509 993509 18001920 0 18001920 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -304,810. PART XII, LINE 2D: REVENUE AMOUNTS INCLUDED IN THE FINANCIALS, NOT ON THE TAX RETURN, OF $688,699 INCLUDE REVENUE OF THE CONSOLIDATED ENTITY, ADVANCED TECHNOLOGY, INC. PART XIII, LINE 2D: EXPENSE AMOUNTS INCLUDED IN THE FINANCIALS, NOT ON THE TAX RETURN, OF $993,509 IS COMPRISED OF THE FOLLOWING: $304,810 IS THE CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS AND $688,699 ARE THE EXPENSES FROM THE CONSOLIDATED ENTITY ADVANCED TECHNOLOGY, INC. X X X X X 1 MARTS AND LUNDY 1200 WALL STREET WEST LYNDHURST NJ 07071 CAMPAIGN CONSULTING, FEASIBILITY INTERVIEWS, CAPACITY ANALYS 0 0 122641 -122641 122641 -122641 AK AZ CA CO CT FL GA HI IL KS ME MD MA MI MO MS NH NC ND OH OK OR SC TN UT VA WA WV DC EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) FEASIBILITY STUDY AND GENERAL PLANNING X 1 1 X X 0 0 0 0 0 0 0 0 0 PART I, LINE 1A SOCIAL CLUB DUES ARE PAID FOR INDIVIDUALS WHO NEED TO ENTERTAIN FOR FUNDRAISING PURPOSES. X 9250 APPRAISED VALUE X 125345 APPRAISED VALUE X 24 361994 FMV AT DATE OF GIFT X 2 637647 PROCEEDS OF SALE X 2 690000 APPRAISED VALUE X 1 85000 APPRAISED VALUE X 3 783 COST OF FOOD DONATED X FURNITURE & EQUIPMENT 4 10920 FMV X MISC 3 2833 FMV X MUSICAL EQUIPMENT 1 5000 FMV X NOTES RECEIVABLE 2 443398 FMV 5 0 1 0 NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 EFFECTIVE DECEMBER 31, 2011, THE MSU ALUMNI ASSOCIATION MERGED 100% OF ITS VOTING EQUITY INTEREST INTO THE FOUNDATION. THE NEW PROGRAM SERVICES ASSOCIATED WITH THIS MERGER ARE DESCRIBED ON PAGE II, PART III, LINE 4C. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE DECEMBER 31, 2011, THE MSU ALUMNI ASSOCIATION MERGED 100% OF ITS VOTING EQUITY INTEREST INTO THE FOUNDATION AND CEASED TO EXIST. THE ARTICLES OF MERGER WERE FILED AND APPROVED BY THE STATE OF MONTANA IN DECEMBER 2011. THE PURPOSE OF THIS MERGER WAS TO COMBINE EACH ORGANIZATION'S RESOURCES AND OPERATIONS IN ORDER TO BETTER SERVE MONTANA STATE UNIVERSITY AND ITS ALUMNI AND DONORS. AT DECEMBER 31, 2011, ALL ASSETS AND LIABILITIES OF MSU ALUMNI ASSOCIATION WERE MERGED INTO THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS MADE AVAILABLE TO ALL BOARD MEMBERS VIA A DOCUMENT SHARING WEBSITE. THE FORM 990 WAS DISCUSSED VIA CONFERENCE CALL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL EMPLOYEES, OFFICERS, AND DIRECTORS MUST SIGN THE ACKNOWLEDGEMENT THAT THEY HAVE READ AND COMPLIED WITH THE CONFLICT OF INTEREST POLICY. ANY CONFLICTS DURING THE PERIOD ARE REPORTED AT THIS TIME AND DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 15A THE CEO IS EVALUATED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMMITTEE MEETS IN A CLOSED SESSION AND DISCUSSES THE CEO'S PERFORMANCE DURING THE YEAR AND COMPARABLE PAY FOR THE POSITION AND REGION. THE CEO'S COMPENSATION IS APPROVED BY A MAJORITY VOTE OF THE EXECUTIVE COMMITTEE, WHICH INCLUDES ALL INDEPENDENT DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -4,735,547. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -304,810. TOTAL TO FORM 990, PART XI, LINE 5: -5,040,357. AUDIT OVERSIGHT FORM 990, PART XI, LINE 2C THE BOARD AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. JOHNSON FAMILY FOUNDATION PO BOX 172750 BOZEMAN MT 59717 810274248 RANCH MGMT MT 501(C)(2) LINE 9 MSU FOUNDATION 0 MONTANA STATE UNIVERSITY - BOZEMAN PO BOX 172720 BOZEMAN MT 59717 363412482 PUBLIC UNIVERSITY MT 0 ADVANCED TECHNOLOGY INC 910 TECHNOLOGY BLVD SUITE A BOZEMAN MT 59718 810448958 REAL ESTATE MT MSU FOUNDATION C -184351 2910685 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 JOHNSON FAMILY FOUNDATION P 7497 ADVANCED TECHNOLOGY INC R 50000 MONTANA STATE UNIVERSITY Q 12977067 ADVANCED TECHNOLOGY INC B 145192