YOUNGSTOWN STATE UNIVERSITY FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- YOUNGSTOWN STATE UNIVERSITY FOUNDATION (EIN 34-6576610)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-09
- IRS object ID
- 201203149349301825
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-09T15:44:07-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341451668 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANNESS GERLACH & WILLIAMS CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3827 | AddressLine1 |
| City | YOUNGSTOWN | City |
| State | OH | State |
| ZIP Code | 445133827 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 346576610 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YOUNGSTOWN STATE UNIVERSITY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | YOUN | NameControl |
| Phone | 3309413211 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 606 WICK AVENUE | AddressLine1 |
| City | YOUNGSTOWN | City |
| State | OH | State |
| ZIP Code | 44502 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL MCFADDEN | Name |
| Title | PRESIDENT | Title |
| Phone | 3309413211 | Phone |
| Date Signed | 2012-11-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | J JAMES GERLACH CPA | Name |
| PTIN | P00172344 | PTIN |
| Phone | 3307585716 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | PAUL MCFADDEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 606 WICK AVENUE | AddressLine1 |
| City | YOUNGSTOWN | City |
| State | OH | State |
| ZIP Code | 44502 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 14012763 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.YSU.EDU/YSUFOUNDATION | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1966 | YearFormation |
| State Legal Domicile | OH | StateLegalDomicile |
| Activity Or Mission Description | TO SUPPORT YOUNGSTOWN STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS, LOANS & GRANTS TO STUDENTS & VARIOUS DEPARTMENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 44 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 43 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2109463 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2352041 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 6339190 | InvestmentIncomePriorYear |
| Investment Income Current Year | 6746963 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8448653 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9099004 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5705952 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 5877614 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 279771 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 380032 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 128387 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 246059 | OtherExpensePriorYear |
| Other Expenses Current Year | 373212 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6231782 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6630858 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2216871 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2468146 | RevenuesLessExpensesCY |
| Total Assets BOY | 186490476 | TotalAssetsBOY |
| Total Assets EOY | 192435256 | TotalAssetsEOY |
| Total Liabilities BOY | 3570000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 5165448 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 182920476 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 187269808 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO SUPPORT YOUNGSTOWN STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS, LOANS & GRANTS TO STUDENTS & VARIOUS DEPARTMENTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5157940 | Expense |
| Grants | 5157940 | Grants |
| Description | YOUNGSTOWN STATE UNIVERSITY FOUNDATION PROVIDES ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO APPROXIMATELY 3,600 ELIGIBLE GRADUATE AND UNDERGRADUATE STUDENTS AT YOUNGSTOWN STATE UNIVERSITY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 719674 | Expense |
| Grants | 719674 | Grants |
| Description | THE FOUNDATION ALSO PROVIDES GRANTS TO YOUNGSTOWN STATE UNIV. FOR THE PURPOSE OF LECTURES,SYMPOSIUMS,& FOR THE OPERATIONS OF VARIOUS DEPARTMENTS & CENTERS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7640 | Expense |
| Description | THE FOUNDATION MAKES PENSION BENEFIT PAYMENTS TO APPROXIMATELY 3 RETIRED FACULTY MEMBERS/BENEFICIARIES OF THE ORIGINAL YOUNGSTOWN UNIVERSITY. DUE TO A MERGER THE FOUNDATION IS A SUCCESSOR OBLIGOR. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 5885254 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 6 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 44 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 43 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MR PAUL MCFADDEN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3309413211 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 606 WICK AVE | AddressLine1 |
| City | YOUNGSTOWN | City |
| State | OH | State |
| ZIP Code | 44502 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (44 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| PAUL MCFADDEN | ||||||
| PRESIDENT/TRUSTEE | 40.00 | X | X | 11750 | 0 | 2625 |
| EUGENIA ATKINSON | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| PETER J ASIMAKOPOULOS | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| GARY BITONTE | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| ALAN BRANT | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| WILLIAM J BRESNAHAN | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| LEE BURDMAN | ||||||
| CHAIRMAN/TRUSTEE | 0.00 | X | X | 0 | 0 | 0 |
| ANTHONY CAFARO SR | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| DONALD CAGIGAS | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| THOMAS J CAVALIER | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| YT CHIU JR | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| ALAN W COPE | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| REX FERRY | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| ELEANOR B FLAD | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| THOMAS FLEMING | ||||||
| VICE CHAIRMAN/TRUSTEE | 0.00 | X | X | 0 | 0 | 0 |
| FRANK HIERRO | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| RICHARD J SCHIRALDI | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| RICHARD MCLAUGHLIN | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| GARRY MROZEK | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| THOMAS E NAUGHTON | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| JOSEPH S NOHRA | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| JOHN L POGUE | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| WILLIAM R ROESTI | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| WILLIAM RUSSELL | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| JOSEPH M SCHWEBEL | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| JAMES H SISEK | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| CR SMITH JR | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| WILLIAM SPENCER | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| RICHARD THOMPSON | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| MILLICENT COUNTS | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| FRANK C WATSON | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| PAUL J WILLIAMS | ||||||
| SECRETARY-TREAS./TRUSTEE | 0.00 | X | X | 0 | 0 | 0 |
| WARREN P WILLIAMSON III | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| G LEO WINGER | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| JOCELYNE K LINSALATA | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| ROBERT O'LEARY | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| ANTHONY PAYIAVLAS | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| TED THORNTON | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| JAY WILLIAMS | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| BEN KECK | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| CARL A NUNZIATO | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| DON CONSTANTINI | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| C REID SCHMUTZ | ||||||
| PRESIDENT/TRUSTEE | 40.00 | X | X | 137800 | 0 | 26136 |
| SUNDERSHAN K GARG | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 149550 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 28761 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 2352041 | AllOtherContributions |
| Noncash Contributions | 290795 | NoncashContributions |
| Total Contributions | 2352041 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5884496 | TotalRevenueColumn |
| Exclusion | $5,884,496 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5776226 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4913759 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 862467 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 862467 | TotalRevenueColumn |
| Exclusion | $862,467 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9099004 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $6,746,963 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5877614 | Total |
| Program Services | 5877614 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 178311 | Total |
| Management And General | 140923 | ManagementAndGeneral |
| Fundraising | 37388 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 130933 | Total |
| Management And General | 83033 | ManagementAndGeneral |
| Fundraising | 47900 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16881 | Total |
| Management And General | 9282 | ManagementAndGeneral |
| Fundraising | 7599 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31349 | Total |
| Program Services | 7640 | ProgramServices |
| Management And General | 23709 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22558 | Total |
| Management And General | 16633 | ManagementAndGeneral |
| Fundraising | 5925 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4417 | Total |
| Management And General | 4417 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36300 | Total |
| Management And General | 36300 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 205043 | Total |
| Management And General | 205043 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24562 | Total |
| Management And General | 24562 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29575 | Total |
| Fundraising | 29575 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27507 | Total |
| Management And General | 27507 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10630 | Total |
| Management And General | 10630 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14250 | Total |
| Management And General | 14250 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2728 | Total |
| Management And General | 2728 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5879 | Total |
| Management And General | 5879 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral |
|---|---|---|
| DUES AND SUBSCRIPTIONS | 7616 | 7616 |
| MISCELLANEOUS | 4705 | 4705 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6630858 | Total |
| Program Services | 5885254 | ProgramServices |
| Management And General | 617217 | ManagementAndGeneral |
| Fundraising | 128387 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25 | BOY |
| EOY | 25 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11796271 | BOY |
| EOY | 7469208 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5142 | BOY |
| EOY | 12655 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 55452 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 40086 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2921 | BOY |
| EOY | 15366 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 172454418 | BOY |
| EOY | 182748260 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2231699 | BOY |
| EOY | 2189742 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 186490476 | BOY |
| EOY | 192435256 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 7508 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3570000 | BOY |
| EOY | 5157940 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3570000 | BOY |
| EOY | 5165448 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 136253162 | BOY |
| EOY | 138001777 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2242833 | BOY |
| EOY | 2409930 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44424481 | BOY |
| EOY | 46858101 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 182920476 | BOY |
| EOY | 187269808 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 186490476 | BOY |
| EOY | 192435256 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2468146 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1881186 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5186039 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2578434 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1881465 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2109463 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2352041 | CurrentTaxYear |
| Total | 14107442 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5186039 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2578434 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1881465 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2109463 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2352041 | CurrentTaxYear |
| Total | 14107442 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 14107442 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6593876 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6921189 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5449975 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5773782 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5884496 | CurrentTaxYear |
| Total | 30623318 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 44730760 | TotalSupport |
| Public Support Pertcentage170 | 0.31540 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.32540 | PublicSupportPertcentPriorYear |
| Ten Percent Test Current Year | X | TenPercentTestCurrentYear |
| General Explanation | SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: FORM 990, SCHEDULE A, PAGE 2, SECTION C, LINE 17A: YOUNGSTOWN STATE UNIVERSITY FOUNDATION HAS MET THE 10% "FACTS AND CIRCUMSTANCES" TEST UNDER TREASURY REGULATIONS SECTIONS 1.509(A)-2(A) AND 1.170A-9(F)(3) BECAUSE: - IT HAS RECEIVED 31.5% OF PUBLIC SUPPORT DURING THE APPLICABLE FIVE-YEAR COMPUTATION PERIOD - IT HAS A COMMUNITY BASED BOARD - IT CONDUCTS A CONTINUOUS PROGRAM TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 6630858 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 6630858 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 481543 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 120386 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 514235 | CurrentYearMinus3 |
| Current Year Minus2 | 444138 | CurrentYearMinus2 |
| Current Year Minus1 | 461589 | CurrentYearMinus1 |
| Current Year | 481543 | CurrentYear |
| Total | 1901505 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $2,852,258 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | 25000 | CurrentYearMinus2 |
| Total | 25000 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 128559 | CurrentYearMinus3 |
| Current Year Minus2 | 111035 | CurrentYearMinus2 |
| Current Year Minus1 | 115397 | CurrentYearMinus1 |
| Current Year | 120386 | CurrentYear |
| Total | 475377 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $713,066 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | 25000 | CurrentYearMinus2 |
| Total | 25000 | Total |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 180099982 | BeginningOfYearBalance |
| Contributions | 1806560 | Contributions |
| Investment Earnings Or Losses | 8760700 | InvestmentEarningsOrLosses |
| Other Expenditures | 5907659 | OtherExpenditures |
| End Of Year Balance | 184759583 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 148598282 | BeginningOfYearBalance |
| Contributions | 1722670 | Contributions |
| Investment Earnings Or Losses | 35893150 | InvestmentEarningsOrLosses |
| Other Expenditures | 6114120 | OtherExpenditures |
| End Of Year Balance | 180099982 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 135342188 | BeginningOfYearBalance |
| Contributions | 1545918 | Contributions |
| Investment Earnings Or Losses | 17438563 | InvestmentEarningsOrLosses |
| Other Expenditures | 5728387 | OtherExpenditures |
| End Of Year Balance | 148598282 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 155768092 | BeginningOfYearBalance |
| Contributions | 2132500 | Contributions |
| Investment Earnings Or Losses | -14671007 | InvestmentEarningsOrLosses |
| Other Expenditures | 7887397 | OtherExpenditures |
| End Of Year Balance | 135342188 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.73330 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.25370 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01300 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 55452 | OtherCostOrOtherBasis |
| Depreciation | 40086 | Depreciation |
| Book Value | 15366 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15366 | TotalOfBookValueLandBuildings |
| Total Revenue | 9099004 | TotalRevenue |
| Total Expenses | 6630858 | TotalExpenses |
| Excess Or Deficit For Year | 2468146 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1881186 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 1881186 | TotalAdjustments |
| Excess Or Deficit Per FS | 4349332 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 10980190 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1881186 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 1881186 | RevenueNotRptdF990 |
| Revenue Subtotal | 9099004 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9099004 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6630858 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6630858 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6630858 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ORGANIZATION'S USE OF ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIP AND OTHER SPECIFIED USES FOR THE BENEFIT OF YOUNGSTOWN STATE UNIVERSITY ITS STUDENTS AND RELATED ACTIVITIES AND PROGRAMS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE PROVISIONS OF "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE AMOUNT OF BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES ACCRUED RELATED TO UNRECOGNIZED TAX UNCERTAINTIES, IF ANY, IN INCOME TAX EXPENSE. AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD, THE FOUNDATION DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YOUNGSTOWN STATE UNIVERSITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE UNIVERSITY PLAZA | AddressLine1 |
| City | YOUNGSTOWN | City |
| State | OH | State |
| ZIP Code | 44555 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 341011998 | EINOfRecipient |
| IRC Section | 170(B)(I)(A)(II) | IRCSection |
| Amount Of Cash Grant | 5877614 | AmountOfCashGrant |
| Purpose Of Grant | TO EXCLUSIVELY SUPPORT YOUNGSTOWN STATE UNIVERSITY. | PurposeOfGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE FOUNDATION EXCLUSIVELY SUPPORTS YOUNGSTOWN STATE UNIVERSITY WHICH IS LOCATED WITHIN THE UNITED STATES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | C REID SCHMUTZ | NamePerson |
| Base Compensation Filing Org | 99750 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 38050 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 7350 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 18786 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 163936 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | C. REID SCHMUTZ DEFERRED COMPENSATION IN THE AMOUNT OF $32,800. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 282045 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | OFFICE FURNITURE | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 8750 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | IRS FORM 990 IS REVIEWED AND APPROVED BY THE FOUNDATION'S INVESTMENT COMMITTEE, EXECUTIVE COMMITTEE AND AUDIT COMMITTEE. THE FOUNDATION ALSO PROVIDED THE FORM 990 TO EACH VOTING MEMBER OF THE BOARD OF TRUSTEES IN PAPER AND/OR ELECTRONIC FORM. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL TRUSTEES OF THE ORGANIZATION SIGN CONFLICT OF INTEREST POLICIES UPON ELECTION. CONFLICTS OF INTEREST ARE IDENTIFIED DURING BOARD MEETINGS BY THE TRUSTEES. ALSO, THE PRESIDENT MONITORS THE CONFLICTS OF INTEREST THROUGHOUT THE YEAR. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE FULL BOARD OF TRUSTEES AT THE ANNUAL MEETING. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 1,881,186. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C: | THE ORGANIZATION'S BOARD OF TRUSTEES PROCESS OF ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED OR BEEN REVISED FROM THE PRIOR YEAR TO THE CURRENT YEAR. |
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