NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC (EIN 56-6049503)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-09
- IRS object ID
- 201203149349302285
- 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 D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-09T19:30:03-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561031342 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAMS OVERMAN PIERCE LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2501 ATRIUM DR SUITE 500 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27607 | 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 | 566049503 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NORT | NameControl |
| Phone | 9195137149 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NCSU BOX 7207 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27695 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARY PELOQUIN-DODD | Name |
| Title | TREASURER | Title |
| Phone | 9195137149 | Phone |
| Date Signed | 2012-10-30 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRIAN SCHEPPERLEY CPA | Name |
| PTIN | P01332750 | PTIN |
| Phone | 9197823444 | Phone |
| Date Prepared | 2012-10-30 | DatePrepared |
| Self Employed | X | SelfEmployed |
| 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 | MARY PELOQUIN-DODD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NCSU BOX 7207 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27695 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 36838795 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.FIS.NCSU.EDU/FOUNDATIONS_ACCOUNTING | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1942 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | SUPPORTS, BY FINANCIAL ASSISTANCE AND OTHERWISE, THE VARIOUS COLLEGES WITHIN THE UNIVERSITY, THE LIBRARIES, AND OTHER UNIVERSITY-CONNECTED FUNCTIONS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 19 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 21 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 30699404 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 25429496 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3490814 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3422084 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4430531 | InvestmentIncomePriorYear |
| Investment Income Current Year | 834499 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 6720 | OtherRevenuePriorYear |
| Other Revenue Current Year | -162642 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 38627469 | TotalRevenuePriorYear |
| Total Revenue Current Year | 29523437 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3067819 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3634451 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 407581 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 391120 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1518992 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6799548 | OtherExpensePriorYear |
| Other Expenses Current Year | 8625891 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 10274948 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12651462 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 28352521 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 16871975 | RevenuesLessExpensesCY |
| Total Assets BOY | 139922069 | TotalAssetsBOY |
| Total Assets EOY | 158238891 | TotalAssetsEOY |
| Total Liabilities BOY | 19562305 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 19539718 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 120359764 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 138699173 | NetAssetsOrFundBalancesEOY |
| Mission Description | SUPPORTS, BY FINANCIAL ASSISTANCE AND OTHERWISE, THE VARIOUS COLLEGES WITHIN THE UNIVERSITY, THE LIBRARIES, AND OTHER UNIVERSITY-CONNECTED FUNCTIONS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10722093 | Expense |
| Grants | 3634451 | Grants |
| Description | SUPPORTS, BY FINANCIAL ASSISTANCE, THE VARIOUS COLLEGES WITHIN THE UNIVERSITY, THE LIBRARIES, AND OTHER UNIVERSITY-CONNECTED FUNCTIONS. THE FOUNDATION AWARDS SCHOLARSHIPS, FELLOWSHIPS, AND OTHER AWARDS BASED ON THE REQUIREMENTS STIPULATED BY THE CONTRIBUTORS AND/OR RECOMMENDATIONS OF THE BOARD OF DIRECTORS. | Description |
| Total Program Service Expense | 10722093 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | 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 | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | 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 | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | 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 | 1 | DisregardedEntity |
| Related Entity | 1 | 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 | 18 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| 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 |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 19 | 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 | 1 | 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 | MARY PELOQUIN-DODD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9195137149 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CAMPUS BOX 7207 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27695 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| ROBERT A BOYETTE | ||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| G SMEDES YORK | ||||||
| VICE-CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| ROBERT A BARNHARDT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DONALD J BARNES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KATHRYN A COUNCIL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| LYNN A DANIEL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID FOX | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| LYNNE GARRISON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ELIZABETH GODWIN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DWAYNE GREENE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| IRA JACKSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STANHOPE KELLY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| EUGENE M LANGLEY JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID F PARKER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| W TRENT RAGLAND III | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CHARLES STALLINGS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NAN G STRADER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM F TROXLER JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WALTER H WILKINSON JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NEVIN E KESSLER | ||||||
| PRESIDENT | 1.00 | X | 0 | 295881 | 35068 | |
| TAYLOR JEFFREYS | ||||||
| SECRETARY | 1.00 | X | 0 | 107903 | 17714 | |
| KATHRYN HART | ||||||
| TREASURER | 1.00 | X | 0 | 216000 | 30450 | |
| CHARLES LEFFLER | ||||||
| ASSISTANT TREAS | 1.00 | X | 0 | 262936 | 36034 | |
| MARY PELOQUIN-DODD | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 882720 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 119266 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAMS OVERMAN PIERCE LLP | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2501 ATRIUM DRIVE | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27607 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | AUDIT & 990- ALL FDNS | DescriptionOfServices |
| Compensation | 119479 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 25429496 | AllOtherContributions |
| Noncash Contributions | 547464 | NoncashContributions |
| Total Contributions | 25429496 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROG.SERV.REVENUE-RELA | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 3422084 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3422084 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3422084 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 257530 | TotalRevenueColumn |
| Exclusion | $257,530 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7625596 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7048627 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 576969 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 576969 | TotalRevenueColumn |
| Exclusion | $576,969 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 104089 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 266731 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -162642 | TotalRevenueColumn |
| Exclusion | -$162,642 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29523437 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3422084 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $671,857 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3634451 | Total |
| Program Services | 3634451 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17919 | Total |
| Program Services | 14396 | ProgramServices |
| Management And General | 3523 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 176500 | Total |
| Program Services | 97500 | ProgramServices |
| Management And General | 79000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 391120 | Total |
| Fundraising | 391120 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 327854 | Total |
| Management And General | 327854 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23707 | Total |
| Fundraising | 23707 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49206 | Total |
| Program Services | 47136 | ProgramServices |
| Fundraising | 2070 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233369 | Total |
| Program Services | 81522 | ProgramServices |
| Fundraising | 151847 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 253347 | Total |
| Program Services | 192205 | ProgramServices |
| Fundraising | 61142 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 340705 | Total |
| Program Services | 238671 | ProgramServices |
| Fundraising | 102034 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96890 | Total |
| Program Services | 79915 | ProgramServices |
| Fundraising | 16975 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 139738 | Total |
| Program Services | 139738 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21860 | Total |
| Program Services | 4107 | ProgramServices |
| Fundraising | 17753 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|
| SERVICE AGREEMENTS | 4937209 | 4560640 | 376569 |
| OTHER CONTRACTED SERVIC | 976922 | 885124 | 91798 |
| OFFICE & MISC. SUPPLIES | 408199 | 358897 | 49302 |
| PRINTING | 347120 | 149347 | 197773 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 275346 | Total |
| Program Services | 238444 | ProgramServices |
| Fundraising | 36902 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12651462 | Total |
| Program Services | 10722093 | ProgramServices |
| Management And General | 410377 | ManagementAndGeneral |
| Fundraising | 1518992 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 148557 | BOY |
| EOY | 337526 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9511547 | BOY |
| EOY | 19406765 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20027613 | BOY |
| EOY | 16395532 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106800 | BOY |
| EOY | 164935 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 8354617 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1399094 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7770664 | BOY |
| EOY | 6955523 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81682702 | BOY |
| EOY | 94392813 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20674186 | BOY |
| EOY | 20585797 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139922069 | BOY |
| EOY | 158238891 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 306089 | BOY |
| EOY | 728614 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90708 | BOY |
| EOY | 3400 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19165508 | BOY |
| EOY | 18807704 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19562305 | BOY |
| EOY | 19539718 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8538040 | BOY |
| EOY | 7625785 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46995411 | BOY |
| EOY | 50614377 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64826313 | BOY |
| EOY | 80459011 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120359764 | BOY |
| EOY | 138699173 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139922069 | BOY |
| EOY | 158238891 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 16871975 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1467434 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22482668 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3363705 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7915510 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 30699404 | CurrentTaxYearMinus1Year |
| Current Tax Year | 25429496 | CurrentTaxYear |
| Total | 89890783 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22482668 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3363705 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7915510 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 30699404 | CurrentTaxYearMinus1Year |
| Current Tax Year | 25429496 | CurrentTaxYear |
| Total | 89890783 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 31942897 | AmountsSubstContributorsTotal |
| Public Support Total170 | 57947886 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1803948 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 321132 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 251375 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 235291 | CurrentTaxYearMinus1Year |
| Current Tax Year | 257530 | CurrentTaxYear |
| Total | 2869276 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 92760059 | TotalSupport |
| Gross Receipts From Admissions Etc | 13950711 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.62470 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.71950 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
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 D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 96573675 | BeginningOfYearBalance |
| Contributions | 15465035 | Contributions |
| Investment Earnings Or Losses | 875553 | InvestmentEarningsOrLosses |
| Other Expenditures | 2710242 | OtherExpenditures |
| End Of Year Balance | 110204021 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 62491962 | BeginningOfYearBalance |
| Contributions | 22113157 | Contributions |
| Investment Earnings Or Losses | 12285532 | InvestmentEarningsOrLosses |
| Other Expenditures | 316976 | OtherExpenditures |
| End Of Year Balance | 96573675 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 55339693 | BeginningOfYearBalance |
| Contributions | -1683209 | Contributions |
| Investment Earnings Or Losses | 9437452 | InvestmentEarningsOrLosses |
| Other Expenditures | 601974 | OtherExpenditures |
| End Of Year Balance | 62491962 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 73209138 | BeginningOfYearBalance |
| Contributions | 1141141 | Contributions |
| Investment Earnings Or Losses | -17145440 | InvestmentEarningsOrLosses |
| Other Expenditures | 1865146 | OtherExpenditures |
| End Of Year Balance | 55339693 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.02000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.73000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.25000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2309650 | OtherCostOrOtherBasis |
| Book Value | 2309650 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5980492 | OtherCostOrOtherBasis |
| Depreciation | 1348059 | Depreciation |
| Book Value | 4632433 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 64475 | OtherCostOrOtherBasis |
| Depreciation | 51035 | Depreciation |
| Book Value | 13440 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6955523 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| NC STATE INVESTMENT FUND | 86955168 | F |
| WELLS FARGO- LIFE INCOME | 6952858 | F |
| CITICORP TRUST BANK | 432157 | F |
| STIF | 52630 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 94392813 | TotalOfBookValueSecurities |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| OTHER ASSETS- USED BY FDN | 262421 |
| RECEIVABLE FROM UNIVERSITY ENTITIES | 627181 |
| EXTERNALLY MANAGED IRREVOCABLE TRUST | 19696195 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 20585797 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LIFE INCOME FUNDS PAYABLE | $4,187,353 |
| DUE TO OTHERS | $1,399,424 |
| AGENCY FUNDS HELD IN CUSTODY FOR OTHERS | $717,307 |
| LIFE INCOME FUNDS PAYABLE- EXTERNALLY MANAGED IRREVOCABLE TRUST | $12,503,620 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 18807704 | TotalOfAmounts |
| Total Revenue | 29523437 | TotalRevenue |
| Total Expenses | 12651462 | TotalExpenses |
| Excess Or Deficit For Year | 16871975 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1455911 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | 789580 | PriorPeriodAdjustments |
| Other | -$778,057 | OtherAmount |
| Total Adjustments | 1467434 | TotalAdjustments |
| Excess Or Deficit Per FS | 18339409 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 30523967 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1455911 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 627000 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 2082911 | RevenueNotRptdF990 |
| Revenue Subtotal | 28441056 | RevenueSubtotal |
| Investment Expenses Not Included | 327854 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 754527 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1082381 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 29523437 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 12950608 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 627000 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 627000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12323608 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 327854 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 327854 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12651462 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2008. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | TRANSFER TO OTHER UNIVERSITY ENTITIES -23,530. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -728,692. CHANGE IN VALUE OF CHARITABLE LEAD TRUST -25,835. TOTAL TO SCHEDULE D, PART XI, LINE 8: -778,057. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 728,692. CHANGE IN VALUE OF CHARITABLE LEAD TRUST 25,835. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| Agreement Ref Fundraising | 0 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUFFALO CODY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 KIRKWOOD NORTH RD | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52404 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | STUDENT CALLING CONTRACT FOR ANNUAL GIVING PROGRAM | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 578679 | GrossReceipts |
| Amount Retained By Contractor | 391120 | AmountRetainedByContractor |
| Net To Organization | 187559 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 578679 | TotalGrossReceipts |
| Total Retained By Contractors | 391120 | TotalRetainedByContractors |
| Total Net To Organization | 187559 | TotalNetToOrganization |
| Licensed States | AK | LicensedStates |
| Licensed States | AL | LicensedStates |
| Licensed States | AR | LicensedStates |
| Licensed States | AZ | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | HI | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | KY | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | MS | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | OK | LicensedStates |
| Licensed States | OR | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | SC | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | UT | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | WV | LicensedStates |
| Licensed States | WI | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ARTS NC STATE GALA | NameOfEvent1 |
| Gross Receipts Event1 | 62002 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 62002 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 27988 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 47292 | OtherDirectExpensesEvent1 |
| Name Of Event2 | DESIGN GUILD | NameOfEvent2 |
| Gross Receipts Event2 | 12900 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 12900 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 49622 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 1416 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 59313 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 3 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 29187 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 29187 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 8417 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 18354 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 54329 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 104089 | GrossReceiptsTotal |
| Gross Revenue Total Events | 104089 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 86027 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 19770 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 160934 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 266731 | DirectExpenseSummaryEvents |
| Net Income Summary | -162642 | NetIncomeSummary |
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 | NORTH CAROLINA STATE UNIVERSITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NCSU BOX 7207 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27695 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 566000756 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 3634451 | AmountOfCashGrant |
| Method Of Valuation | BOOK VALUE | MethodOfValuation |
| Purpose Of Grant | SCHOLARSHIPS,FACULTY SUPPORT, DEPARTMENTAL SUPPORT, AND FACILITY SUPPORT | 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: GRANTS REPRESENT REIMBURSEMENT OF EXPENSES PROCESSED THROUGH THE UNIVERSITY'S ACCOUNTING SYSTEMS, AND ARE SUBJECT TO UNIVERSITY AND STATE OF NORTH CAROLINA GUIDELINES, IN ADDITION TO ANY RESTRICTIONS PLACED DIRECTLY BY DONORS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | 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 (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NEVIN E KESSLER | |||||||||||||
| 0 | 289100 | 0 | 0 | 0 | 6781 | 0 | 30138 | 0 | 4930 | 0 | 330949 | 0 | 0 |
| KATHRYN HART | |||||||||||||
| 0 | 216000 | 0 | 0 | 0 | 0 | 0 | 25520 | 0 | 4930 | 0 | 246450 | 0 | 0 |
| CHARLES LEFFLER | |||||||||||||
| 0 | 262936 | 0 | 0 | 0 | 0 | 0 | 31104 | 0 | 4930 | 0 | 298970 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | THE BOARD MEMBERS THAT ARE COMPENSATED RECEIVE COMPENSATION FROM NC STATE UNIVERSITY, A 501(C)(3) ORGANIZATION RELATED TO THE FOUNDATION. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 16 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 547464 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | 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 (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIRPERSON, THE VICE CHAIRPERSON, THE IMMEDIATE PAST CHAIRPERSON, THE PRESIDENT OF THE NORTH CAROLINA STATE UNIVERSITY ALUMNI ASSOCIATION,AND THE CHAIRPERSONS OF THE AUDIT AND FINANCE COMMITTEE, THE DEVELOPMENT COMMITTEE, THE AWARDS AND GRANTS COMMITTEE, AND THE NOMINATING COMMITTEE. THE CHANCELLOR OF NORTH CAROLINA STATE UNIVERSITY AND THE PRESIDENT, VICE PRESIDENT FOR DEVELOPMENT, SECRETARY, AND THE TREASURER OF THE FOUNDATION SHALL SERVE AS EX-OFFICIO MEMBERS OF THE EXECUTIVE COMMITTEE WITHOUT VOTING PRIVILEGES. THE CHAIRPERSON OF THE FOUNDATION SHALL SERVE AS THE CHAIR OF THE EXECUTIVE COMMITTEE. MEMBERS SHALL SERVE TWO YEAR TERMS IN CONJUNCTION WITH THE TERM OF THE CHAIRPERSON OF THE FOUNDATION. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS OF THE FOUNDATION BETWEEN THE MEETINGS OF THE BOARD; PROVIDED, HOWEVER,THAT THE EXECUTIVE COMMITTEE SHALL HAVE NO POWER TO (A) AUTHORIZE DISTRIBUTIONS; (B)APPROVE DISSOLUTION, MERGER OR SALE, PLEDGE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE FOUNDATION'S ASSETS; (C) ELECT, APPOINT OR REMOVE DIRECTORS, EXCEPT TO FILL VACANCIES ON THE BOARD PURSUANT TO THE BYLAWS; OR (D) ADOPT, AMEND OR REPEAL THE ARTICLES OR CERTIFICATE OF INCORPORATION OR THESE BYLAWS. THE PRESENCE OF ONE-HALF OF THE VOTING DIRECTORS OF THE EXECUTIVE COMMITTEE AT ANY REGULAR OR SPECIAL MEETING OF SAID COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED BY AUDIT & INVESTMENT COMMITTEE PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ANY CORPORATE TRANSACTION IN WHICH A DIRECTOR HAS A DIRECT OR INDIRECT INTEREST MUST BE AUTHORIZED, APPROVED OR RATIFIED IN GOOD FAITH BY A MAJORITY, NOT LESS THAN TWO OF THE DIRECTORS WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION EVEN THOUGH LESS THAN A QUORUM; PROVIDED, HOWEVER, NO SUCH TRANSACTION SHALL BE AUTHORIZED, APPROVED OR RATIFIED BY A SINGLE DIRECTOR. A DIRECTOR HAS AN INDIRECT INTEREST IN A TRANSACTION IF: (A) ANOTHER ENTITY IN WHICH HE HAS A MATERIAL FINANCIAL INTEREST OR IN WHICH HE IS A GENERAL PARTNER IS A PARTY TO THE TRANSACTION; OR (B) ANOTHER ENTITY OF WHICH HE IS A DIRECTOR, OFFICER, OR TRUSTEE IS A PARTY TO THE TRANSACTION AND THE TRANSACTION IS OR SHOULD BE CONSIDERED BY THE BOARD. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS AND OFFICERS OF NC STATE UNIVERSITY FOUNDATION INC THAT DO RECEIVE COMPENSATION ARE COMPENSATED BY NC STATE UNIVERSITY, A 501(C)(3) ORGANIZATION RELATED TO NC STATE UNIVERSITY FOUNDATION INC. NC STATE UNIVERSITY SETS THE COMPENSATION OF THESE EMPLOYEES BY ACQUIRING COMPARABILITY DATA WHICH IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. | |
| FORM 990, PART VI, SECTION C, LINE 18 | THE 990 IS LISTED ON THE WEBSITE AND AVAILABLE THROUGH GUIDESTAR. FORM 1023 (WHICH WAS FILED PRIOR TO JULY 15, 1987) IS NOT PUBLICLY AVAILABLE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE WWW.FIS.NCSU.EDU/FOUNDATIONS_ACCOUNTING/FOUNDATIONS/NCSU.ASP. OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. | |
| FORM 990, PART VII, SECTION A- HOURS FOR RELATED ORGANIZATIONS | THE BOARD OF DIRECTORS AND OFFICERS OF THE NORTH CAROLINA STATE UNIVERSITY FOUNDATION THAT ARE COMPENSATED BY NC STATE UNIVERSITY DEVOTE AN AVERAGE OF 40 HOURS PER WEEK TO RELATED ORGANIZATIONS. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 1,455,911. PRIOR PERIOD ADJUSTMENTS: 789,580. TRANSFER TO OTHER UNIVERSITY ENTITIES -23,530. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -728,692. CHANGE IN VALUE OF CHARITABLE LEAD TRUST -25,835. TOTAL TO FORM 990, PART XI, LINE 5: 1,467,434. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NC STATE EXECUTIVE EDUCATION LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NCSU BOX 7207 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27695 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566049503 | EIN |
| Primary Activities | SUPPORT ORGANIZATION OF NC STATE UNIVERSITY-EXECUTIVE EDUCATION PROGRAM | PrimaryActivities |
| Legal Domicile State | NC | LegalDomicileState |
| Total Income | -46964 | TotalIncome |
| EOY Assets | 276398 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NC STATE UNIVERSITY FOUNDATION | BusinessNameLine1 |
Form990 Schedule R Part II Form990ScheduleRPartII (13 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| NORTH CAROLINA VETERINARY MEDICAL FOUNDATION INC | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 581344473 | SUPPORT ORGANIZATION OF NC STATE UNIVERSITY | NC | 501(C)(3) | 170(B)(1)(A)(IV) | N/A | 0 |
| NORTH CAROLINA TOBACCO FOUNDATION INC | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 591715828 | SUPPORT ORGANIZATION OF NC STATE UNIVERSITY | NC | 501(C)(3) | 170(B)(1)(A)(IV) | N/A | 0 |
| THE NORTH CAROLINA AGRICULTURAL FOUNDATION INC | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 566049304 | SUPPORT ORGANIZATION OF NC STATE UNIVERSITY | NC | 501(C)(3) | 170(B)(1)(A)(IV) | N/A | 0 |
| NC STATE ENGINEERING FOUNDATION INC | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 566046987 | SUPPORT ORGANIZATION OF NC STATE UNIVERSITY | NC | 501(C)(3) | 170(B)(1)(A)(IV) | N/A | 0 |
| NORTH CAROLINA PHYSICAL & MATHEMETICAL SCIENCES FDN INC | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 581524289 | SUPPORT ORGANIZATION OF NC STATE UNIVERSITY | NC | 501(C)(3) | 170(B)(1)(A)(IV) | N/A | 0 |
| NC STATE NATURAL RESOURCES FOUNDATION INC | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 560653350 | SUPPORT ORGANIZATION OF NC STATE UNIVERSITY | NC | 501(C)(3) | 170(B)(1)(A)(IV) | N/A | 0 |
| NORTH CAROLINA STATE ALUMNI ASSOCIATION INC | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 566035544 | SUPPORT ORGANIZATION OF NC STATE UNIVERSITY | NC | 501(C)(3) | 170(B)(1)(A)(IV) | N/A | 0 |
| NC STATE UNIVERSITY PARTNERSHIP CORPORATION | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 561444287 | SUPPORT ORGANIZATION OF NC STATE UNIVERSITY | NC | 501(C)(3) | 509(A)(3) | N/A | 0 |
| NORTH CAROLINA STATE UNIVERSITY CLUB INC | ||||||||||
| PO BOX 33067 | RALEIGH | NC | 27636 | 560769351 | PROVISION OF RECREATIONAL ACTIVITIES FOR MEMBERS | NC | 501(C)(7) | N/A | N/A | 0 |
| NC STATE UNIVERSITY | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 566000756 | EDUCATION | NC | 501(C)(3) | 170(B)(1)(A)(II) | N/A | 0 |
| NC STATE UNIVERSITY STUDENT AID ASSOCIATION INC | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 560650623 | FINANCING SCHOLARSHIPS AWARDED BY NC STATE UNIV. TO NEEDY & WORTHY STUDENTS | NC | 501(C)(3) | 170(B)(1)(A)(IV) | N/A | 0 |
| NORTH CAROLINA TEXTILE FOUNDATION INC | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 566045324 | AIDS EDUCATION & RESEARCH IN THE COLLEGE OF TEXTILES OF NC STATE UNIVERSITY | NC | 501(C)(3) | 509(A)(3) | N/A | 0 |
| NC STATE INVESTMENT FUND INC | ||||||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | 311607634 | INVEST FUNDS OF NC STATE UNIVERSITY ENDOWMENT AND OTHER RELATED FOUNDATIONS | NC | 501(C)(3) | 509(A)(3) | N/A | 0 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|
| CHARITABLE REMAINDER TRUSTS (19) | ||||
| ASSET INVESTMENT | NC | NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC | T | |
| CHARITABLE REMAINDER TRUSTS-EXTERNALLY MANAGED (2) | ||||
| ASSET INVESTMENT | NC | T | N/A | |
| CHARITABLE LEAD TRUST (1) | ||||
| ASSET INVESTMENT | NC | T | N/A | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
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