2013-05-15T14:36:40-05:00 2012-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2011-07-01 480667209 Kansas State University Foundation % GREG LOHRENTZ KANS 7855327552 2323 Anderson Ave Manhattan KS 66502 GREG LOHRENTZ 2013-05-15 true Michael J Engle 8162216300 2011 2016-02-24 21:20:13Z GREG LOHRENTZ 2323 ANDERSON AVE STE 500 MANHATTAN KS 66502 215053981 false X WWW.FOUND.KSU.EDU X 1944 KS KSU FOUNDATION ENCOURAGES AND PRUDENTLY MANAGES GIFTS DONATED FOR THE BENEFIT OF KANSAS STATE UNIVERSITY AND FOSTERS A CULTURE THAT UNITES PHILANTHROPIC DESIRES WITH UNIVERSITY PRIORITIES. 15 15 122 2600 -54847 -142424 70353584 63337465 1742987 2027415 18721492 4908824 10591017 5708027 101409080 75981731 31621901 44471436 0 0 7840219 7579051 0 0 6187958 16951370 22257321 56413490 74307808 44995590 1673923 497498045 491303240 33360601 33909159 464137444 457394081 X THE MISSION OF THE KANSAS STATE UNIVERSITY FOUNDATION IS TO SECURE AND PRUDENTLY MANAGE PRIVATE GIFTS IN SUPPORT OF KANSAS STATE UNIVERSITY AND FOSTER A CULTURE THAT UNITES PHILANTHROPIC DESIRES WITH UNIVERSITY PRIORITIES. false false 41156256 33199894 467257 KANSAS STATE UNIVERSITY ADMINISTRATIVE SUPPORT FOR CENTRAL ADMINISTRATION, COLLEGES AND ATHLETICS. EXPENDITURES INCLUDE MONIES TRANSFERRED AND OR EXPENDED FOR SALARIES FOR FACULTY AND STAFF, TRAVEL FOR CONFERENCES, SEMINARS, SPEAKERS, VISITING PROFESSORS, EMPLOYEE RECRUITMENT, PROFESSIONAL AND CONSULTING SERVICES, EQUIPMENT AND COMPUTING PURCHASES. ADDITIONALLY, MONIES ARE TRANSFERRED TO ATHLETICS FOR USE IN SUPPORT OF ACADEMIC SERVICES, SPORTS MEDICINE, EQUIPMENT AND COMPUTER PURCHASES, TRAVEL COSTS AS WELL AS CAPITAL IMPROVEMENTS. 11356193 11271542 936995 KANSAS STATE UNIVERSITY SCHOLARSHIPS--GENEROUS DONORS TO KANSAS STATE UNIVERSITY FOUNDATION HAVE PROVIDED ENDOWED AND EXPENDABLE FUNDS TO BE USED FOR PROVIDING SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS OF KANSAS STATE UNIVERISTY. APPROXIMATELY 4,500 STUDENTS RECEIVED SCHOLARSHIP ASSISTANCE DURING THE 10/11 ACADEMIC YEAR. 4572663 0 335376 KANSAS STATE UNIVERSITY ACADEMIC SUPPORT. EXPENDITURES ARE MADE FOR THE PURCHASE OF COMPUTER HARDWARE & SOFTWARE, FURNITURE & EQUIPMENT, PROFESSIONAL SERVICES AND CONSULTATIONS, CLASSROOM & LAB SUPPLIES. 6750185 0 232940 63835297 true true false true false false false false false true true true false false true true false true false false true true true false true false false true true true false false false true false false false false true true false false false true true true false false true 185 0 true 122 true true true false false false false true true true 14 false false true false X 15 15 false false false false true true true true true false false true true true true true true true true false AK AZ CA CO DC GA KY ME MD MA MI MN NH NJ NM NY OH OK OR PA SC TN UT WA WV WI X X GREG LOHRENTZ 7855326266 2323 ANDERSON AVE STE 500 MANHATTAN KS 66502 X DUANE CANTRELL 4.0 X 0 0 0 JOHN ALLEN 5.0 X 0 0 0 JANET AYRES 5.0 X X 0 0 0 RANDY BERNEY 5.0 X 0 0 0 LEE BORCK 4.0 X 0 0 0 CHARLIE CHANDLER 4.0 X 0 0 0 RANDY COONROD 4.0 X X 0 0 0 SHARON EVERS-EFF 32012 5.0 X 0 0 0 CURTIS FRASIER 5.0 X X 0 0 0 LEE HARRIS-TERM ENDED 32012 10.0 X 0 0 0 STEPHEN LACY 5.0 X 0 0 0 KEVIN LOCKETT 5.0 X X 0 0 0 EARL MCVICKER-TERM END 32012 5.0 X 0 0 0 AMY BUTTON-RENZ 5.0 X 0 0 0 RICHARD MYERS 4.0 X X 0 0 0 BILL SANFORD TERM ENDED 92012 5.0 X 0 0 0 CARL ICE EFF 32012 5.0 X 0 0 0 MIKE GOSS EFF 32012 5.0 X 0 0 0 FRED A CHOLICK 44.0 X 307220 0 32803 ALAN L KLUG 44.0 X 178272 0 25864 DAVID L WEAVER 44.0 X 181888 0 25958 MICHAEL J SMITH 44.0 X 412284 0 25517 GREG LOHRENTZ 45.0 X 57941 0 6957 SHANE G GIESE 45.0 X 19003 0 1444 BRENDA GUENTHER 45.0 X 0 0 0 WILLIAM M GREVAS 45.0 X 142281 0 19029 LOIS D COX 45.0 X 127853 0 23765 GLENN D KIPPES 45.0 X 129384 0 18967 TRESA L WEAVER 45.0 X 125423 0 14487 MITZI M RICHARDS 45.0 X 113136 0 23504 GARY HELLEBUST X 104267 0 11551 1898952 0 229846 10 true true false HUTTON CONSTRUCTION CORPORATION CONSTRUCTION 1496943 KBS CONSTRUCTORS INC CONSTRUCTION 526895 PECKHAM GUYTON ALBERS VIETS CONSTRUCTION 394924 TREANOR ARCHITECTS PA ARCHITECT SERVICES 281500 BKD LLP ACCOUNTING SERVICES 221518 11 811582 685027 61840856 10197005 63337465 Program Service Revenue 900099 2027415 2027415 2027415 139022 139022 0 477014 1683 475331 712393 400769 311624 311624 -16409 328033 142212001 568644 137415012 595831 4796989 -27187 4769802 4769802 778492 685027 660638 117854 117854 0 0 SOLE SOURCE CONTRACT & REIMB 900099 3480309 3480309 PARTNERSHIP AND OTHER INVESTMENT INC 525990 1017007 -40121 1057128 ACTUARIAL GAIN/LOSS TRUST 525920 -159921 -159921 464140 464140 4801535 75981731 2027415 -54847 10671698 34512002 34512002 9647796 9647796 311638 311638 0 1699646 1137770 561876 0 4701408 401179 875764 3424465 360723 22677 93212 244834 445635 29399 129482 286754 371639 21805 79910 269924 0 282831 7541 275290 233707 233707 22254 22254 0 71000 71000 5517143 5180604 167392 169147 376928 66028 86168 224732 1435529 887922 72423 475184 3728530 3235290 493240 0 496141 310047 186094 1866601 1458615 48880 359106 0 471735 278086 73389 120260 104184 104184 0 187541 6145 181396 397795 356586 41209 CONSTRUCTION 2246390 2246390 EQUIPMENT & FURNISHINGS 1454541 1454541 OFFICIAL HOSPITALITY 1919807 1919807 Filing Fees & Service Charges 214788 208007 6781 1229876 1146754 31446 51676 74307808 63835297 4284553 6187958 0 0 35611442 37171041 39041292 38924048 2146551 2381699 0 98785 0 0 551318 335228 0 0 0 0 33550099 2531829 26516105 31018270 206441544 198156200 183187413 178906437 4002380 4311532 0 0 0 0 497498045 491303240 1869492 3645990 0 0 0 0 0 0 0 0 0 0 1852356 1685402 0 0 29638753 28577767 33360601 33909159 X 51878967 50673340 148216763 136735430 264041714 269985311 464137444 457394081 497498045 491303240 X 1673923 -8417286 X false true true X false X 56626922 48870396 52317665 70353584 63337465 291506032 56626922 48870396 52317665 70353584 63337465 291506032 8896347 282609685 10914215 1880234 1398259 1910522 1326746 17429976 0 0 12548 0 0 12548 3216191 2352653 3297524 9490725 4791014 23148107 332096663 15719053 0.85099 0.81360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 22255 22255 false LOBBYING ACTIVITIES SCHEDULE C, PART II-B, LINE 1I DIRECT EXPENSES FOR PROVIDING INFORMATION REGARDING ISSUES AFFECTING KANSAS STATE UNIVERSITY 373508336 29194839 -10069040 6331694 20235617 561183 365505641 318507228 23065868 52771682 4279316 14411862 2145264 373508336 284970556 13437455 28574060 5529575 2515195 430073 318507228 3777571367 16145871 -94812253 7125201 6001670 807558 3684970556 0.13000 0.74000 0.13000 false false 19312022 2650855 21962877 10206138 1547431 8658707 4544 1376539 984397 396686 31018270 PARTNERSHIPS & OTHER INVEST. 178906437 F 178906437 0 UNITRUST/ANNUITY 20188011 ASSETS HELD FOR OTHERS 8389756 28577767 75981731 74307808 1673923 -8487868 70566 -8417302 -6743379 88956280 -8487868 452101 21016461 12980694 75975586 6145 6145 75981731 76005008 452101 1251244 1703345 74301663 6145 6145 74307808 INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE FOUNDATION HOLDS PERMANENT ENDOWMENTS IN PERPETUITY. INVESTING THE PRINCIPAL AND USING A PORTION OF THE ANNUAL INVESTMENT RETURN TO SUPPORT THE PURPOSE DESIGNATED BY THE DONOR. UNCERTAIN TAX POSITIONS DISCLOSURE SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. RECONCILIATION OF CHANGES IN NET ASSETS SCHEDULE D, PART XI, LINE 8 TAX DEPRECIATION ON UBIT PROPERTIES $ 70,566 RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XII, LINES 2D & 4B LINE 2D: FUNDRAISING EVENT EXPENSES $ 660,640 DEPRECIATION ON UBIT PROPERTIES $ 118,265 ELIMINATE SUPPORTING ORGANIZATIONS REVENUE $ 20,237,556 ------------ $ 21,016,461 LINE 4B: DEPRECIATION ON PROGRAM SERVICE ASSETS $ 6,145 RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XIII, LINE 2D LINE 2D: FUNDRAISING EVENT EXPENSES $ 660,640 RENTAL EXPENSES ON UBIT PROPERTIES $ 47,699 ELIMINATE SUPPORTING ORGANIZATION EXPENSES $ 542,905 ------------ $ 1,251,244 LINE 4B: DEPRECIATION ON PROGRAM SERVICE ASSETS $ 6,145 true Central America and the Caribbean Investments 1137936 Europe (Including Iceland and Greenland) Grantmaking 54920 East Asia and the Pacific Grantmaking 100097 North America Grantmaking 19846 Central America and the Caribbean Grantmaking 68600 Middle East and North Africa Grantmaking 3819 South America Grantmaking 9570 South Asia Grantmaking 26638 Sub-Saharan Africa Grantmaking 27148 1448574 1448574 EUROPE (INCLUDING ICELAN TRAVEL 21200 CASH NORTH AMERICA TRAVEL 5075 CASH SCHOLARSHIP CENTRAL AMERICA AND THE 6 68600 CASH SCHOLARSHIP EAST ASIA AND THE PACIFI 83 95547 CASH SCHOLARSHIP EUROPE (INCLUDING ICELAN 20 25945 CASH SCHOLARSHIP MIDDLE EAST AND NORTH AF 4 3819 CASH SCHOLARSHIP NORTH AMERICA 4 9100 CASH SCHOLARSHIP SOUTH AMERICA 10 9570 CASH SCHOLARSHIP SOUTH ASIA 29 26638 CASH SCHOLARSHIP SUB-SAHARAN AFRICA 14 27148 CASH TRAVEL EUROPE (INCLUDING ICELAN 1 7775 CASH TRAVEL NORTH AMERICA 1 5671 CASH true false false true true false WABASH CANNONBA 401270 318385 82885 11265 17217 26659 4650 37209 POWERCAT AUCTIO 300954 96698 204256 4624 48313 1300 139954 32 696250 269944 426306 7324 82936 18851 233665 1398474 685027 713447 11265 29165 157908 24801 410828 633967 79480 true K-STATE ATHLETICS INC 1800 COLLEGE AVE MANHATTAN KS 66502 486098838 501(C)(3) 28496701 SCHOLARHSIP/SUPPORT K-STATE ATHLETICS INC 1800 COLLEGE AVENUE MANHATTAN KS 66502 486098838 501(C)(3) 3037853 VARIOUS SEE PART IV DEPARTMENT AND STUDENT ATHLETE SUPPORT KANSAS STATE UNIVERSITY ALUMNI ASSOCIATION 1720 ALUMNI CENTER MANHATTAN KS 66502 480495055 501(C)(3) 889917 SCHOLARSHIP/SUPPORT KANSAS STATE UNIVERSITY ALUMNI ASSOCIATION 1720 ALUMNI CENTER MANHATTAN KS 66502 480495055 501(C)(3) 7911 VARIOUS SEE PART IV SUPPORT KANSAS STATE UNIVERSITY ANDERSON HALL MANHATTAN KS 66506 480771751 GOVERNMENT 5036332 SCHOLARSHIP/SUPPORT KANSAS STATE UNIVERSITY ANDERSON HALL MANHATTAN KS 66506 480771751 GOVERNMENT 6611231 VARIOUS SEE PART IV SUPPORT MANHATTAN CHAMBER OF COMMERCE 501 POYNTZ MANHATTAN KS 66502 480319620 501(C)(6) 20000 CORP PARTNER GRANT 5 1 SCHOLARSHIPS FOR STUDENTS ATTENDING KSU 4419 9577525 OTHER AWARDS FOR STUDENTS 106 70271 Procedures for Monitoring the use of grant funds in the U.S. Part I, Line 2 SCHOLARSHIP REQUESTS FROM ENDOWED FUNDS ARE COORDINATED THROUGH THE OFFICE OF STUDENT FINANCIAL ASSISTANCE (SFA) FOR KANSAS STATE UNIVERSITY. SFA DETERMINES WHETHER THE STUDENT MEETS THE REQUIREMENTS STIPULATED BY THE DONOR. DESCRIPTION OF NON-CASH ASSISTANCE SCHEDULE I, PART II, COLUMN G, LINES 2,4, & 6 LINE 2: MARKETABLE SECURITIES, HORSES FOR EQUESTRIAN TEAM, EQUIPMENT AND OTHER PERSONAL PROPERTY. LINE 4: MARKETABLE SECURITIES, FOOD AND BEVERAGE LINE 6: MARKETABLE SECURITIES, FARM AND REAL ESTATE, EQUIPMENT, AND COMPUTER SOFTWARE X X X true true X X X false true false false false false false false false FRED A CHOLICK 249337 0 55726 0 2157 0 20801 0 12002 0 340023 0 0 0 ALAN L KLUG 176308 0 1000 0 964 0 15283 0 10581 0 204136 0 0 0 DAVID L WEAVER 177143 0 1000 0 3744 0 15346 0 10613 0 207847 0 0 0 MICHAEL J SMITH 176592 0 1000 0 234692 0 15214 0 10303 0 437801 0 0 0 GARY HELLEBUST 94667 0 0 0 9600 0 0 0 11551 0 115818 0 0 0 WILLIAM M GREVAS 141005 0 1000 0 276 0 11825 0 7204 0 161310 0 0 0 LOIS D COX 126733 0 1000 0 120 0 11055 0 12710 0 151618 0 0 0 OTHER COMPENSATION SCHEDULE J, PART I, LINE 1A KANSAS STATE UNIVERSITY FOUNDATION PAID FOR COMPANION TRAVEL FOR FRED CHOLICK. IT WAS NOT INCLUDED IN HIS W-2 BECAUSE MR. CHOLICK REIMBURSED KANSAS STATE UNIVERSITY FOUNDATION FOR THE COST OF THE COMPANION TRAVEL. KANSAS STATE UNIVERSITY FOUNDATION PAID FOR COUNTRY CLUB DUES FOR FRED CHOLICK, ALAN KLUG, AND MIKE SMITH. THE AMOUNT PAID FOR CLUB DUES WAS INCLUDED IN THE INDIVIDUALS W-2'S. KANSAS STATE UNIVERSITY FOUNDATION PAID FOR HOUSING EXPENSES DURING THE TRANSITION PERIOD FOR NEW EMPLOYEES GREG LOHRENZ AND SHANE GIESE. THE AMOUNT PAID WAS INCLUDED IN THE INDIVIDUALS W-2'S. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B ALAN KLUG, DAVID WEAVER, AND MIKE SMITH PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. NO CONTRIBUTIONS OR ACCRUALS WERE MADE DURING THE CURRENT FISCAL YEAR FOR ALAN KLUG OR DAVID WEAVER. MIKE SMITH $ 234,458 MICHAEL SMITH TAX OBLIGATION X 98785 98785 false true true 98785 X 39 141413 APPRAISAL X 155585 COST OR SALES X 122902 COST OR SALES X 1 37281 APPRAISAL X 1 2977900 COST OR SALES X 162 4693473 SELLING PRICE X 7 604338 APPRAISAL X 14 25073 COST OR SALES X 11 61475 COST OR SALES X EQUIPMENT 21 129951 COST OR SALES X LIVESTOCK 134 458567 APPRAISAL/SALES X MISCELLANEOUS 58 690377 COST OR SALES X AUCTION ITEMS 302 98671 COST OR SALES 14 false false false NUMBER OF CONTRIBUTIONS SCHEDULE M, PART I, COLUMN B THE NUMBERS IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4D KANSAS STATE UNIVERSITY CONSTRUCTION PROJECTS, INCLUDING CONSTRUCTION AND PROFESSIONAL SERVICES ASSOCIATED WITH THE CONSTRUCTION & IMPROVEMENT OF BUILDINGS LOCATED ON THE CAMPUS OF KANSAS STATE UNIVERSITY. OTHER KANSAS STATE UNIVERSITY EXPENSES, INCLUDING RESEARCH, TRAVEL, SUPPLIES & DEPARTMENTAL ACTIVITIES, PORTFOLIO INVESTMENT MANAGMENT EXPENSES AND INTEREST EXPENSE INCURRED ON BEHALF OF KSU PROJECTS. MEMBERS FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE KANSAS STATE UNIVERSITY FOUNDATION INCLUDE ALUMNI AND FRIENDS OF KANSAS STATE UNIVERSITY WITH A DEMONSTRATED RECORD OF DEDICATION AND/OR CONTRIBUTION TO THE WELL-BEING AND DEVELOPMENT OF KANSAS STATE UNIVERSITY. THESE INDIVIDUALS ARE ELECTED TO THE BOARD OF TRUSTEES OF THE KANSAS STATE UNIVERSITY FOUNDATION BY CURRENT MEMBERS OF THE BOARD OF TRUSTEES (A MAXIMUM OF 500 MEMBERS IS PROVIDED FOR IN THE BYLAWS). SERVING AS A MEMBER OF THE BOARD OF TRUSTEES IS MORE THAN HONORARY, IT ENCOURAGES ACTIVE PARTICIPATION IN A VARIETY OF ACTIVITIES CONTRIBUTING TO THE EDUCATIONAL AND FINANCIAL SUCCESS OF THE THE UNIVERSTIY AND THE FOUNDATION. HOWEVER, MEMBERS OF THE BOARD OF TRUSTEES SHALL NOT HAVE ANY FIDUCIARY DUTY TO THE FOUNDATION OR THE OTHER MEMBERS. THE MEMBERS HAVE THE RIGHT TO ELECT MEMBERS OF THE BOARD OF DIRECTORS. THE MEMBERS ARE NOT ENTITLED TO RECEIVE A SHARE OF KANSAS STATE UNIVERSITY FOUNDATION'S NET ASSETS UPON DISSOLUTION. MEMBERS MAY ELECT GOVERNING BOARD FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES ELECT FROM ITS MEMBERSHIP, 14 PERSONS TO SERVE ON THE BOARD OF DIRECTORS, WHICH SHALL BE A SEPARATE AND DISTINCT BODY FROM THE BOARD OF TRUSTEES. THE CHIEF EXECUTIVE OFFICER OF THE ALUMNI ASSOCIATION BOARD OF DIRECTORS (OR DESIGNATE), MAKES UP THE 15TH MEMBER TO THE BOARD OF DIRECTORS. THE MANAGEMENT, CONTROL AND SUPERVISION OF THE BUSINESS AND AFFAIRS OF THE FOUNDATION SHALL BE VESTED IN THE BOARD OF DIRECTORS. GOVERNING BOARD DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS FOR THE FOUNDATION MAY BE AMENDED BY (i) A TWO-THIRDS (2/3) VOTE OF THOSE MEMBERS PRESENT AND ENTITLED TO VOTE AT ANY ANNUAL OR DULY CALLED SPECIAL MEETING OF THE BOARD OF TRUSTEES, PROVIDED THE PROPOSED AMENDMENTS HAVE BEEN SUBMITTED TO THE MEMBERS AT LEAST THIRTY (30) DAYS PRIOR TO SUCH MEETING; OR (ii) A MAJORITY VOTE OF THOSE DIRECTORS PRESENT AND ENTITLED TO VOTE AT ANY MEETING OF THE BOARD OF DIRECTORS. OTHERWISE, NO DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO APPROVAL BY THE BOARD OF TRUSTEES (MEMBERS). FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 12C The IRS Form 990 is prepared by the compliance officer of the Kansas State University Foundation. The form 990 is then reviewed by an independent accounting firm. Any questions or concerns that the Independent accountant has are addressed and any corrections or clarification that need to be made are made. The completed draft of the return is then reviewed by the Foundation's Sr. Vice-President, Finance & Audit/CFO/COO and the Vice-President for Finance and Compliance. Once all reviews are completed, the final return is provided to all members of the Board of Directors prior to filing the return with the IRS. The return is filed electronically with the IRS. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS OF THE FOUNDATION, MEMBERS OF ANY FOUNDATION COMMITTEE WITH BOARD-DELEGATED POWERS, AND KEY EMPLOYEES MUST COMPLETE THE CONFLICT OF INTEREST STATEMENT. ANY POTENTIAL CONFLICTS THAT ARE DISCLOSED ON THE COMPLETED STATEMENT ARE DISCUSSED AT A BOARD OF DIRECTORS MEETING. IT IS THE RESPONSIBILITY OF EACH PERSON WHO IS REQUIRED TO COMPLETE THE QUESTIONAIRE TO NOTIFY THE CHAIRMAN OF THE BOARD OF DIRECTORS AS SOON AS ANY POTENTIAL CONFLICT OF INTEREST MEASURE, CONTRACT, RESOLUTION, GRANT, OR OTHER TRANSACTION OCCURS. THE FOLLOWING PROCEDURES ARE REQUIRED FOR BOARD ACTION WHEN A CONFLICT OF INTEREST EXISTS: THE INTERESTED PERSON MAY MAKE A PRESENTATION AT A BOARD MEETING, BUT AFTER MUST LEAVE THE MEETING DURING THE VOTE ON THE TRANSACTION; THE BOARD MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES; THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF DISINTERESTED MEMBERS WHETHER THE TRANSACTION IS IN THE FOUNDATION'S BEST INTEREST; THE BOARD WILL FOLLOW ALL CONFLICTS OF INTEREST LAWS TO THE EXTENT THEY APPLY TO THE BOARD. COMPENSATION REVIEW FORM 990, PART VI, SECTION B, LINES 15A & 15B THE COMPENSATION COMMITTEE OF THE KANSAS STATE UNIVERSITY FOUNDATION REVIEWS THE COMPENSATION FOR THE PRESIDENT/CEO AND ALL OTHER OFFICERS AND KEY EMPLOYEES. IN ACCORDANCE WITH THE COMPENSATION POLICY COMPARABLE DATA IS REVIEWED AND CONTEMPORANEOUS MINUTES ARE MAINTAINED. AVAILABILITY OF DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THE KANSAS STATE UNIVERSITY FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEB-SITE AT WWW.FOUND.KSU.EDU RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 5 NET UNREALIZED GAINS(LOSSES) ON INVESTMENTS $ (8,487,868) DEPRECIATION ON UBIT PROPERTIES $ 70,566 ROUNDING $ 16 ------------ $ (8,417,286) HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DUANE CANTRELL TITLE:CHAIRMAN/BD OF TRUSTEES HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:LEE BORCK TITLE:MEMBER/BD OF DIRECTORS HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:CHARLIE CHANDLER TITLE:MEMBER/BD OF DIRECTORS HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:RANDY COONROD TITLE:VICE CHAIR/BD OF TRUSTEES HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:RICHARD MYERS TITLE:VICE CHAIR/BD OF DIRECTORS HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:FRED A CHOLICK TITLE:PRESIDENT/CEO HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ALAN L KLUG TITLE:VP/FINANCE & COMPLIANCE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DAVID L WEAVER TITLE:VP/REAL ESTATE & INVESTMENTS HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MICHAEL J SMITH TITLE:VP/DEVELOPMENT HOURS:1 KSU GOLF COURSE MGMT & RESEARCH FOUND 5200 COLBERT HILLS DR MANHATTAN KS 66503 742830002 GOLF COURSE KS 501(C)(3) 11A KSU FOUND true FOUNDATION FOR ENGINEERING AT KANSAS STA 2323 ANDERSON AVE SUITE 500 MANHATTAN KS 66502 263520449 SUPPORT KS 501(C)(3) 11A KSU FOUND true KANSAS STATE UNIVERSITY CHARITABLE GIFT 2323 ANDERSON AVE SUITE 500 MANHATTAN KS 66502 481248969 SUPPORT KS 501(C)(3) 11A KSU FOUND true CHARITABLE REMAINDER TRUSTS (105) CHARITABLE TRUST KS KSU FOUNDATION TRUST false true false false false false false false false false true false false false false false true false KSU GOLF COURSE B 50000 CASH KSU GOLF COURSE Q 131433 CASH OR FMV