2012-11-15T13:28:58-06:00 2012-06-30 273858252 DEAN DORTON ALLEN FORD PLLC 106 W VINE STREET SUITE 600 LEXINGTON KY 40507 990 2011-07-01 237116528 NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC NORT 8595725126 LUCAS ADMINISTRATIVE CENTER NO 221 HIGHLAND HEIGHTS KY 41099 KAREN ZERHUSEN KRUER 8595725126 2012-11-14 1 LEIGH MCKEE P00169845 8592552341 2011 2016-02-24 21:20:13Z KAREN ZERHUSEN KRUER LUCAS ADMINISTRATIVE CENTER NO 221 HIGHLAND HEIGHTS KY 41099 10639593 0 X HTTP://FOUNDATION.NKU.EDU X 1970 KY SUPPORT NORTHERN KENTUCKY UNIVERSITY THROUGH PROVISION OF SCHOLARSHIPS, FINANCIAL AID AND OTHER SUPPORT PROGRAMS 40 40 0 38 10440 -11123 3367195 4926037 0 0 1469053 1511843 250288 211740 5086536 6649620 7368515 1105924 0 0 0 0 0 0 25822 2901739 3763924 10270254 4869848 -5183718 1779772 88275223 87709889 14306758 13193598 73968465 74516291 X THE NORTHERN KENTUCKY UNIVERSITY FOUNDATION IS AN INDEPENDENT, NON-PROFIT, TAX-EXEMPT PUBLIC CHARITY INCORPORATED IN KENTUCKY UNDER KENTUCKY REVISED STATUTE 273 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE THAT EXISTS SOLELY TO RECEIVE AND MANAGE PRIVATE GIFTS FOR THE ADVANCEMENT AND BENEFIT OF NORTHERN KENTUCKY UNIVERSITY. 0 0 1463617 0 STUDENT FINANCIAL AID 854826 4830 PUBLIC SERVICE 563083 1401 INSTRUCTION 363203 800 INSTITUTIONAL SUPPORT 517083 0 ACADEMIC SUPPORT 31110 0 LIBRARIES 339294 230 STUDENT SERVICES 446153 58372 UNIVERSITY FACILITIES & EQUIPMENT ACQUISITION 14726 0 RESEARCH 1711569 59402 4593095 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 43 0 1 0 1 1 1 CJ 0 0 0 0 0 0 0 0 X 40 40 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X JOHN BAILEY 8595726457 FH 132 NUNN DRIVE HIGHLAND HEIGHTS KY 41099 X X CHARLES ALEXANDER 0.50 X 0 0 0 J DAVID BENDER 2.00 X 0 0 0 CHAD A BILZ 0.50 X 0 0 0 OLIVIA BIRKENHAUER 0.50 X 0 0 0 RICHARD A BOEHNE 0.50 X 0 0 0 MARTIN GERRETY 0.50 X 0 0 0 LEE ROSE 0.50 X 0 0 0 JAME P CALLAHAN 0.50 X 0 0 0 CHRIS CARLE 0.50 X 0 0 0 PAUL W CHELLGREN 0.50 X 0 0 0 SUSAN K COOK 0.50 X 0 0 0 EVA G FARRIS 0.50 X 0 0 0 JUDITH H GIBBONS 10.00 X 0 0 0 DANIEL R GRONECK 2.00 X 0 0 0 MARK D GUILFOYLE 0.50 X 0 0 0 JAKKI HAUSSLER 0.50 X 0 0 0 DENNIS R HONABACH 0.50 X 0 0 0 JASON O JACKMAN 0.50 X 0 0 0 DIANE STICKLEN JORDAN 0.50 X 0 0 0 BARRY G KIENZLE 2.00 X 0 0 0 BRYSON T LAIR 0.50 X 0 0 0 JOHN M LUCAS 0.50 X 0 0 0 FRED A MACKE JR 0.50 X 0 0 0 TERRY L MANN 0.50 X 0 0 0 KAREN D MEYERS 0.50 X 0 0 0 JAMES R POSTON JR 0.50 X 0 0 0 THOMAS R SAELINGER 0.50 X 0 0 0 KEVIN M SHEEHAN 1.00 X 0 0 0 GREGORY S SHUMATE 0.50 X 0 0 0 GERARD A ST AMAND 2.00 X 0 0 0 CHRISTOPHER STURM 0.50 X 0 0 0 WILLIAM C VERMILLION 2.00 X 0 0 0 JAMES C VOTRUBA 0.50 X 0 0 0 RHONDA WHITAKER 0.50 X 0 0 0 BRENDA L WILSON 0.50 X 0 0 0 JOHN WINKLER 0.50 X 0 0 0 DENNIS REPENNING 0.50 X 0 0 0 KARA WILLIAMS 0.50 X 0 0 0 KRISTI NELSON 0.50 X 0 0 0 KAREN A ZERHUSEN KRUER JD 40.00 X 0 0 0 0 0 0 0 0 0 0 0 132548 4793489 15619 4926037 1238223 1238223 72870 72870 117955 7647 110308 110308 110308 4087458 3813838 273620 273620 273620 120725 132548 168488 -47763 -47763 252 0 252 252 ADMINISTRATIVE FEE 900099 34669 34669 MISCELLANEOUS REVENUE 900099 16885 16885 EVENT TICKET SALES 900099 14079 14079 10440 10440 76073 6649620 65633 10440 1647510 1105924 1105924 11426 4357 7069 15600 15600 139159 139159 300461 283568 15295 1598 2064 2064 787480 763305 23237 938 1137 1137 326023 318028 7787 208 106140 106140 99630 94359 5271 6974 6974 SCHOLARSHIPS FOR NKU 1074169 1074169 MEALS AND ENTERTAINMENT 339522 320565 5567 13390 PRINTING AND PUBLICATIO 139111 134567 3013 1531 SUPPLIES 105416 100604 791 4021 309612 284308 21168 4136 4869848 4593095 250931 25822 4450363 9127858 10234348 4603490 51647 36021 548151 203077 341671 345074 60793546 64402384 11398669 8475947 1004979 719115 88275223 87709889 411533 353205 26141 26141 3085338 2363082 10783746 10451170 14306758 13193598 X 2736688 2662673 31949930 31374444 39281847 40479174 73968465 74516291 88275223 87709889 X 1779772 -1231946 X X 0 1 1 X 0 X 6468765 22335455 4418390 3367195 4926037 41515842 6468765 22335455 4418390 3367195 4926037 41515842 41515842 992444 846177 873128 1469053 1511843 5692645 713561 565939 608403 250288 211740 2349931 49558418 0.83770 0.85090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59332000 6306000 -215000 1362000 64061000 47566000 3256000 9954000 1444000 59332000 41237000 2848000 5185000 1704000 47566000 41540000 6825000 -5789000 1339000 41237000 0.12810 0.62700 0.24490 0 0 340123 340123 208028 203077 4951 345074 INVESTMENTS IN LIMITED PARTNERSHIPS 8475947 F 8475947 ANNUITIES PAYABLE 241641 FUNDS HELD IN TRUST FOR NORTHERN KENTUCKY UNIVERSITY 10209529 10451170 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: PRIMARILY TO BE USED FOR STUDENT FINANCIAL AID AND SCHOLARSHIPS DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION HAS EVALUATED TAX POSITIONS TAKEN ON ALL INCOME TAX RETURNS THAT REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES (THOSE RETURNS FILED FOR THE YEARS 2008 THROUGH 2011) AND DOES NOT BELIEVE THERE ARE ANY UNCERTAIN POSITIONS ON THOSE RETURNS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 INVESTMENTS 5472797 EAST ASIA AND THE PACIFIC - 0 0 INVESTMENTS 4390592 SOUTH AMERICA- 0 0 INVESTMENTS 751187 0 0 0 0 0 0 10614576 0 10614576 0 0 0 0 0 0 PRESIDENT'S INVITATIONAL GOLF TOURN 46489 28438 18051 11131 14748 HOSTED EVENT 41700 25400 16300 17015 487 9 165084 78710 86374 26329 98778 253273 132548 120725 54475 114013 168488 -47763 1 NORTHERN KENTUCKY UNIVERSITY NUNN DRIVE HIGHLAND HEIGHTS KY 41099 611010545 501(C)(3) 1105924 SUBGRANT EXPENSES PAID FOR THE BENEFIT OF NORTHERN KENTUCKY UNIVERSITY (NKU) TO HELP PROVIDE FUNDING FOR NKU FACULTY POSITIONS, CONSTRUCTION PROJECTS AND VARIOUS OTHER OPERATING EXPENDITURES. 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FOUNDATION MONITORS THE USE OF THE GRANT FUNDS TO NKU THROUGH REVIEW OF INVOICES PAID BY NKU. THE FOUNDATION IS ALSO ABLE TO MONITOR THE PROGRESS OF NKU'S PROJECTS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 DRAFT IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE CHAIRS, AS WELL AS EMAILED TO ALL VOTING BOARD MEMBERS FOR APPROVAL BEFORE A FINAL VERSION IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. THIS POLICY IS MONITORED BY THE MEMBERSHIP COMMITTEE CHAIRPERSON IN CONJUNCTION WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE NKU FOUNDATION EXECUTIVE COMMITTEE DETERMINES EXECUTIVE COMPENSATION UPON RECOMMENDATION OF THE NKU FOUNDATION PERSONNEL COMMITTEE WHICH WORKS IN CONJUNCTION WITH NKU HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS MADE AVAILABLE UPON REQUEST AND ONLINE VIA THE WEBSITE. THE GOVERNING DOCUMENTS, FORM 1023 AND CONFLICT OF INTEREST POLICY IS MADE AVAILABLE UPON REQUEST AND AT THE DISCRETION OF THE BOARD OF DIRECTORS AND MANAGEMENT. FORM 990, PART VII THE EXECUTIVE DIRECTOR SPENDS 40 HOURS PER WEEK ON THE FOUNDATION, HOWEVER, IS COMPENSATED THROUGH NORTHERN KENTUCKY UNIVERSITY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,559,816. CHANGE IN ANNUITIES -26,291. FINAL LIQUIDATION OF NKU PROPERTIES 354,161. TOTAL TO FORM 990, PART XI, LINE 5: -1,231,946. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FOUNDATION'S FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NKUF PROPERTIES 1 LLC FOUNDERS HALL SUITE 118 HIGHLAND HEIGHTS KY 41099 237116528 REAL ESTATE HOLDING COMPANY FOR EXEMPT ORGANIZATION PROPERTY KY 60890 410734 NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC NKUF PROPERTIES 2 LLC FOUNDERS HALL SUITE 118 HIGHLAND HEIGHTS KY 41099 237116528 REAL ESTATE HOLDING COMPANY FOR EXEMPT ORGANIZATION PROPERTY KY 40738 NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC NKUF PROPERTIES 3 LLC FOUNDERS HALL SUITE 118 HIGHLAND HEIGHTS KY 41099 237116528 REAL ESTATE HOLDING COMPANY FOR EXEMPT ORGANIZATION PROPERTY KY 7176 7397 NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC NKUF PROPERTIES 4 LLC FOUNDERS HALL SUITE 118 HIGHLAND HEIGHTS KY 41099 237116528 REAL ESTATE HOLDING COMPANY FOR EXEMPT ORGANIZATION PROPERTY KY 10300 104614 NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC NKUF PROPERTIES 5 LLC FOUNDERS HALL SUITE 118 HIGHLAND HEIGHTS KY 41099 237116528 REAL ESTATE HOLDING COMPANY FOR EXEMPT ORGANIZATION PROPERTY KY 16942 NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC NKUF PROPERTIES 6 LLC FOUNDERS HALL SUITE 118 HIGHLAND HEIGHTS KY 41099 237116528 REAL ESTATE HOLDING COMPANY FOR EXEMPT ORGANIZATION PROPERTY KY 370340 NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC NKUF PROPERTIES 7 LLC FOUNDERS HALL SUITE 118 HIGHLAND HEIGHTS KY 41099 237116528 REAL ESTATE HOLDING COMPANY FOR EXEMPT ORGANIZATION PROPERTY KY NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC 1 1