2012-03-26T10:09:13-05:00 2011-08-31 CALHOUN THOMSON MATZA LLP 9500 ARBORETUM BLVD SUITE 120 AUSTIN TX 78759 990 2010-09-01 741946138 TEXAS STATE UNIVERSITY SYSTEM FOUNDATION TEXA 5124631808 200 EAST 10TH STREET NO 600 AUSTIN TX 78701 J CLETUS BIANCHI 5124631808 2012-03-26 1 C BRIAN STREIG 5124398400 2012-03-26 2010 2016-02-24 21:20:13Z J CLETUS BIANCHI 200 EAST 10TH STREET SUITE 600 AUSTIN TX 78701 58470 0 X WWW.TSUS.EDU X 1978 TX PUBLIC CHARITABLE USES AND PURPOSES FOR THE BENEFIT OF THE TEXAS STATE UNIVERSITY SYSTEM AND ITS COMPONENTS BY PROVIDING ASSISTANCE AND BENEFITS TO THE SYSTEM AND/OR THE SYSTEM COMPONENTS. 5 5 1 0 0 0 103350 49500 0 0 7688 8970 0 0 111038 58470 43005 45017 0 0 0 0 0 0 0 209857 459909 252862 504926 -141824 -446456 8965040 8891034 888273 903918 8076767 7987116 X PUBLIC CHARITABLE USES AND PURPOSES FOR THE BENEFIT OF THE TEXAS STATE UNIVERSITY SYSTEM AND ITS COMPONENTS BY PROVIDING, DIRECTLY OR INDIRECTLY, ASSISTANCE AND BENEFITS TO THE SYSTEM AND/OR THE SYSTEM COMPONENTS. 1 0 414178 FOUNDATION:PROVIDES SUPPORT VIA VARIOUS TYPES OF ASSISTANCE AND BENEFITS TO TEXAS STATE UNIVERSITY AND ITS COMPONENTS. 45017 45017 GROW YOUR OWN: FOR PHD CANDIDATES STUDYING TO BE PROFESSORS AT SYSTEM SCHOOLS FROM UNDERREPRESENTED GROUPS. 6787 6787 LDGP: TO ASSIST GROW YOUR OWN CANDIDATES THAT WORK WITHIN THE SYSTEM OFFICES. 465982 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TX X X J CLETUS BIANCHI 2104631808 200 EAST 10TH STREET STE 600 AUSTIN TX 78701 KEVIN LILLY 1.00 X X 0 0 0 WILLIAM NYLIN 1.00 X 0 0 0 DAN MATHESON 1.00 X 0 0 0 ALAN DREEBEN 1.00 X 0 0 0 CLETUS BIANCHI 40.00 X 0 35000 0 0 35000 0 0 0 0 0 0 49500 49500 8970 8970 58470 0 0 8970 45017 45017 14918 14918 2297 2297 4666 4666 1144 1144 SLRSU LOAN ADVANCE 245750 245750 DONATIONS 87200 87200 REIMBURSEMENT OF SALARY 43400 43400 REGENTS' PROFESSOR AWAR 25880 25880 CHANCELLORS COUNCIL 17030 17030 17624 17591 33 504926 465982 38944 0 3693799 5181468 5271241 3709566 8965040 8891034 888273 903918 888273 903918 X 7603658 7523674 473109 463442 8076767 7987116 8965040 8891034 X -446456 356805 X X 0 1 1 X 0 X 170500 180350 120330 103350 49500 624030 170500 180350 120330 103350 49500 624030 624030 562298 368170 50531 7688 8970 997657 1621687 0.38480 0.25440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 58470 504926 -446456 356803 2 356805 -89651 415273 356803 356803 58470 0 58470 0 0 0 0 0 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FEDERAL INCOME TAXES FEDERAL INCOME TAXES ARE NOT PAYABLE BY, OR PROVIDED FOR THE FOUNDATION. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS PUBLICLY SUPPORTED ORGANIZATION. UPON DISSOLUTION, ALL ITS ASSETS WILL BE DISTRIBUTED TO ANOTHER SIMILAR ORGANIZATION. IN 2006, THE (FASB ASC 740-10) ISSUED (INTERPRETATION NO.48, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("FIN 48")). FIN 48 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS IN ACCORDANCE WITH FASB ASC 740 (STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 109, "ACCOUNTING FOR INCOME TAXES"). THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FIN 48 REQUIRES THAT A COMPANY RECOGNIZE IN ITS FINANCIAL STATEMENTS THE IMPACT OF TAX POSITIONS THAT MEET A "MORE LIKELY THAN NOT" THRESHOLD, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION SHOULD BE BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN FIFTY PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. DURING 2010, THE FOUNDATION ADOPTED FASB ASC 740-10. THE PROVISIONS OF FASB ASC 740-10 WERE APPLIED TO ALL TAX POSITIONS ON ADOPTION OF THIS INTERPRETATION. THE FOUNDATION BELIEVES ALL OF ITS TAX POSITIONS TO BE HIGHLY CERTAIN. THERE WAS NO CUMULATIVE EFFECT ADJUSTMENT TO THE OPENING BALANCE OF NET ASSETS AS A RESULT OF THE ADOPTION OF FIN 48. $2 DIFFERENCE DUE TO ROUNDING. 1 SCHOLARSHIPS 5 45017 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS TO THE TEXAS STATE UNIVERSITY ARE GIVEN BASED ON THE FINANCIAL NEEDS OF ONE OR MORE OF THE SEVEN UNIVERSITIES THAT MAKE UP THE TEXAS STATE UNIVERSITY SYSTEM. THE UNIVERSITIES ARE REQUIRED TO PRESENT A PLAN FOR EXPENDITURE OF THESE FUNDS PRIOR TO THE RELEASE OF SUCH FUNDS. OTHER INFORMATION: PART IV: POTENTIAL RECIPIENTS OF THE SCHOLARSHIPS AWARDED FROM THE "GROW YOUR OWN" PROGRAM MUST MEET THE SPECIFIC CRITIERIA FOUND IN THE PROGRAM'S GUIDELINES. SUCH CRITERIA INCLUDES NOMINATION OF THE CANDIDATE BY THE UNIVERSITY SYSTEM FACULTY MEMBER, BE A MEMBER OF A POPULATION UNDERREPRESENTED ON THE FACULTY OF THE HOST INSTITUTION, SATISFACTORILY COMPLETED A BACCALAUREATE AND, PREFERABLY, A MASTER'S DEGREE, AND PROVIDE DOCUMENTATION OF ADMISSION INTO AN ACCREDITED DOCTORAL PROGRAM OR ALREADY BE ENROLLED IN A DOCTORAL PROGRAM OFFERED BY THE SPONSORING TEXAS STATE UNIVERSITY SYSTEM INSTITUTION. NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 FOUNDATION:FOR THE BENEFIT OF THE TEXAS STATE UNIVERSITY SYSTEM AND ITS COMPONENTS BY PROVIDING ASSISTANCE AND BENEFITS TO THE SYSTEM AND/OR THE SYSTEM COMPONENTS. FORM 990, PART VI, SECTION B, LINE 11 EACH BOARD MEMBER RECEIVES AND REVIEWS A COPY OF THE FORM 990 BEFORE THE BOARD MEETING AND ALL BOARD MEMBERS REVIEW AND DISCUSS THE FORM 990 TOGETHER AT THE ANNUAL MEETING BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE FOUNDATION'S BOARD. FORM 990, PART VI, SECTION C, LINE 19 EACH BOARD MEMBER RECEIVES AND REVIEWS A COPY OF THE FORM 990 BEFORE THE BOARD MEETING AND ALL BOARD MEMBERS REVIEW AND DISCUSS THE FORM 990 TOGETHER AT THE ANNUAL MEETING BEFORE FILING. THE DIRECTORS REVIEW THE POLICY AND CERTIFY COMPLIANCE ANNUALLY. THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE FOUNDATION'S BOARD. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 356,803. ROUNDING 2. TOTAL TO FORM 990, PART XI, LINE 5: 356,805. THE PROCESS OF SELECTING AND OVERSEEING THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR. TEXAS STATE UNIVERSITY SYSTEM 200 E 10TH ST STE 600 AUSTIN TX 78701 746000079 HIGHER EDUCATION TX 501(C)(3) 170(B)(1)(A)(VI) N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 SRSU D 245750 TEXAS STATE UNIVERSITY SYSTEM O 43400