WRIGHT STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- WRIGHT STATE UNIVERSITY FOUNDATION INC (EIN 23-7019799)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-01
- IRS object ID
- 201240619349301764
- Schema version
- 2010v3.2
- 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 F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-01T10:45:23-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 West Broad Street | AddressLine1 |
| Address Line2 | Suite 1700 | AddressLine2 |
| City | Columbus | City |
| State | OH | State |
| ZIP Code | 432153713 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237019799 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WRIGHT STATE UNIVERSITY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WRIG | NameControl |
| Phone | 9377752869 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3640 Colonel Glenn Highway | AddressLine1 |
| City | Dayton | City |
| State | OH | State |
| ZIP Code | 454350001 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT T BATSON | Name |
| Title | ASSISTANT TREASURER | Title |
| Date Signed | 2012-02-06 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6144690001 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REBECCA S COLE | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3640 Colonel Glenn Highway | AddressLine1 |
| City | Dayton | City |
| State | OH | State |
| ZIP Code | 454350001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 15487187 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | HTTP://WWW.WRIGHT.EDU/GIVING-ALUMNI/WRIGHT-STATE-FOUNDATION | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1966 | YearFormation |
| State Legal Domicile | OH | StateLegalDomicile |
| Activity Or Mission Description | TO SECURE, MANAGE, AND DISTRIBUTE PRIVATE SUPPORT TO ENHANCE THE GROWTH AND DEVELOPMENT OF WRIGHT STATE UNIVERSITY SUCH THAT IT CAN PROVIDE QUALITY EDUCATIONAL EXPERIENCES FOR STUDENTS, CONDUCT SCHOLARLY RESEARCH, AND SERVICE THE COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 27 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 4 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 11826055 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4796110 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2249760 | InvestmentIncomePriorYear |
| Investment Income Current Year | -898667 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 176349 | OtherRevenuePriorYear |
| Other Revenue Current Year | 206681 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14252164 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4104124 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10635734 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 6389853 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 564301 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 257459 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 636520 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 822057 | OtherExpensePriorYear |
| Other Expenses Current Year | 1228850 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12022092 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7876162 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2230072 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -3772038 | RevenuesLessExpensesCY |
| Total Assets BOY | 97433960 | TotalAssetsBOY |
| Total Assets EOY | 111193152 | TotalAssetsEOY |
| Total Liabilities BOY | 2444691 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2431861 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 94989269 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 108761291 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO SECURE, MANAGE, AND DISTRIBUTE PRIVATE SUPPORT TO ENHANCE THE GROWTH AND DEVELOPMENT OF WRIGHT STATE UNIVERSITY SUCH THAT IT CAN PROVIDE QUALITY EDUCATIONAL EXPERIENCES FOR STUDENTS, CONDUCT SCHOLARLY RESEARCH, AND SERVICE THE COMMUNITY. | MissionDescription |
| Significant Change | false | SignificantChange |
| Expense | 2935500 | Expense |
| Grants | 2935500 | Grants |
| Revenue | 0 | Revenue |
| Description | SUPPORT FOR VARIOUS ACADEMIC AND SUPPORT FUNCTIONS AT WRIGHT STATE UNIVERSITY ALLOWS ADMINISTRATORS FLEXIBILITY TO DELIVER QUALITY PROGRAMS TO THEIR CONSTITUENCIES. THESE CONTRIBUTIONS SUPPLEMENT THE UNIVERSITY'S BUDGET ALLOCATION AND ALLOW PROGRAM MANAGERS TO OFFER UNIQUE AND CREATIVE LEARNING OPPORTUNITIES FOR STUDENTS. DURING THE CURRENT YEAR, 57% OF EXPENSES IN THIS AREA RELATED TO PARTIAL OR COMPLETE SUPPORT OF PROGRAM PERSONNEL THAT OTHERWISE WOULD NOT HAVE BEEN SUPPORTED BY THE UNIVERSITY'S OPERATING BUDGET. PROCEEDS IN THIS AREA ARE ALSO USED TO CONSTRUCT, RENOVATE AND REHABILITATE UNIVERSITY FACILITIES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2407837 | Expense |
| Grants | 2407837 | Grants |
| Revenue | 0 | Revenue |
| Description | STUDENTS AT WRIGHT STATE UNIVERSITY RECEIVE A QUALITY EDUCATION THAT IS PAID PARTLY BY TUITION AND PARTLY BY STATE SUBSIDY. THE LATTER REVENUE SOURCE HAS DECLINED IN RECENT YEARS THEREBY MAKING IT MORE DIFFICULT TO FINANCE A COLLEGE EDUCATION. ALTHOUGH WRIGHT STATE REMAINS ONE OF THE MOST AFFORDABLE PUBLIC INSTITUTIONS IN OHIO, THE FOUNDATION SEEKS TO OFFSET THE LOSS OF STATE TUITION SUBSIDIES BY RAISING PRIVATE CONTRIBUTIONS IN SUPPORT OF STUDENT TUITION PAYMENTS. DISTRIBUTIONS OF STUDENT FINANCIAL AID TOTALED $2,407,837 DURING THE YEAR. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 546935 | Expense |
| Grants | 546935 | Grants |
| Revenue | 0 | Revenue |
| Description | ATHLETIC PROGRAMS $458,625 MISCELLANEOUS GRANTS $88,310 | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 499581 | Expense |
| Grants | 499581 | Grants |
| Revenue | 0 | Revenue |
| Description | SCHOLARLY RESEARCH IS A CORE PART OF WRIGHT STATE UNIVERSITY'S MISSION. THE FOUNDATION SEEKS TO ENHANCE FUNDING FOR THESE ACTIVITIES BY RAISING PRIVATE SUPPORT THAT PROVIDES PERSONNEL AND OPERATING COST COVERAGE FOR VARIOUS PROJECTS. MANY, ALTHOUGH NOT ALL, OF THE UNIVERSITY-SUPPORTED RESEARCH PROGRAMS ARE IN THE FIELD OF MEDICINE. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 499581 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 499581 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 6389853 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 9 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 4 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 27 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Robert T Batson CFP(r) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9377752869 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3640 Colonel Glenn Highway | AddressLine1 |
| City | Dayton | City |
| State | OH | State |
| ZIP Code | 454350001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (31 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Individual Trustee Or DirectorIndividualTrusteeOrDirector |
|---|---|---|---|---|---|---|
| MICHELLE SHAW | ||||||
| ASSISTANT SECRETARY | 10 | X | 0 | 45524 | 26318 | |
| BRYAN K ROWLAND | ||||||
| PRESIDENT 7/2010 - 9/2010 | 10 | X | 0 | 250266 | 51333 | |
| ROBERT T BATSON | ||||||
| ASSISTANT TREASURER | 10 | X | 0 | 104938 | 33492 | |
| DELORES WHITCRAFT | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| JOHN WARNER | ||||||
| CHAIR, AUDIT COMMITTEE | 1 | 0 | 0 | 0 | X | |
| CHRISTINE WALLACE | ||||||
| CHAIR | 1 | X | 0 | 0 | 0 | X |
| ROBERT J SUTTMAN II | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| HOWARD STEVENS | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| BENJAMIN SCHUSTER MD | ||||||
| SECRETARY | 1 | X | 0 | 0 | 0 | X |
| DAVID ROER MD | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| WILLIAM H POHLMAN | ||||||
| VICE CHAIR | 1 | X | 0 | 0 | 0 | X |
| RANDY E PHILLIPS | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| VICKI PEGG | ||||||
| CHAIR, COMMITTEE ON TRUSTEES | 1 | 0 | 0 | 0 | X | |
| DAVID MCSEMEK | ||||||
| CHAIR, INVESTMENT COMMITTEE | 1 | 0 | 0 | 0 | X | |
| JOHN LYMAN MD | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| JEFFREY LIGHTNER | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| BRUCE KLINE | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| NINA JOSHI | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| JONAS GRUENBERG | ||||||
| CHAIR, DEVELOPMENT COMMITTEE | 1 | 0 | 0 | 0 | X | |
| THERESA GASPER | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| CHISTOPHER DUVAL | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| LORNA DAWES | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| BRIAN COOPER | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| RONALD CLOYD | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| MARIA CASTLEMAN | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| MARSHA BONHART | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| ERIC BIGLER | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| DONNA BACK | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| RONALD D AMOS | ||||||
| TREASURER; CHAIR, FINANCE COMMITTEE | 1 | X | 0 | 0 | 0 | X |
| REBECCA COLE | ||||||
| PRESIDENT 10/2010 - 6/2011 | 10 | X | 0 | 164877 | 32515 | |
| ELOISE BRONER | ||||||
| TRUSTEE | 1 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 565605 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 143658 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEI | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 FREEDOM VALLEY DRIVE | AddressLine1 |
| City | OAKS | City |
| State | PA | State |
| ZIP Code | 19456 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | INVESTMENT MANAGEMENT | DescriptionOfServices |
| Compensation | 243026 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 4796110 | AllOtherContributions |
| Noncash Contributions | 538813 | NoncashContributions |
| Total Contributions | 4796110 | TotalContributions |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3018683 | TotalRevenueColumn |
| Exclusion | $3,018,683 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7465713 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11383063 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -3917350 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -3917350 | TotalRevenueColumn |
| Exclusion | -$3,917,350 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|
| OTHER INCOME | 106344 | $106,344 |
| INSURANCE PROCEEDS | 100337 | $100,337 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 206681 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4104124 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$691,986 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4005357 | Total |
| Program Services | 4005357 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2384496 | Total |
| Program Services | 2384496 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 187612 | Total |
| Fundraising | 187612 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69847 | Total |
| Management And General | 6501 | ManagementAndGeneral |
| Fundraising | 63346 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54516 | Total |
| Management And General | 54516 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23312 | Total |
| Management And General | 23312 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 510091 | Total |
| Management And General | 510091 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 337700 | Total |
| Management And General | 241925 | ManagementAndGeneral |
| Fundraising | 95775 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82894 | Total |
| Management And General | 196 | ManagementAndGeneral |
| Fundraising | 82698 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129533 | Total |
| Management And General | 6763 | ManagementAndGeneral |
| Fundraising | 122770 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46210 | Total |
| Management And General | 3994 | ManagementAndGeneral |
| Fundraising | 42216 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|
| MISCELLANEOUS | 43131 | 1028 | 42103 |
| DEBT SERVICE | 1463 | 1463 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7876162 | Total |
| Program Services | 6389853 | ProgramServices |
| Management And General | 849789 | ManagementAndGeneral |
| Fundraising | 636520 | Fundraising |
Total Joint Costs TotalJointCosts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1367680 | BOY |
| EOY | 2598643 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 771495 | BOY |
| EOY | 2756589 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7416300 | BOY |
| EOY | 5167500 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 3333 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 0 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 0 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69263657 | BOY |
| EOY | 77280381 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16666908 | BOY |
| EOY | 20835375 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1947920 | BOY |
| EOY | 2551331 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97433960 | BOY |
| EOY | 111193152 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 214393 | BOY |
| EOY | 190986 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1096633 | BOY |
| EOY | 1277662 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 200000 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 933665 | BOY |
| EOY | 963213 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2444691 | BOY |
| EOY | 2431861 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1799353 | BOY |
| EOY | 5107510 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58594379 | BOY |
| EOY | 68175298 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34595537 | BOY |
| EOY | 35478483 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94989269 | BOY |
| EOY | 108761291 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97433960 | BOY |
| EOY | 111193152 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -3772038 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 17544060 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | 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 | 8756724 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8215279 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9890021 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11826055 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4796110 | CurrentTaxYear |
| Total | 43484189 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8756724 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8215279 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9890021 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11826055 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4796110 | CurrentTaxYear |
| Total | 43484189 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 7390730 | AmountsSubstContributorsTotal |
| Public Support Total170 | 36093459 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3307068 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2409325 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2738163 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3603091 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2508592 | CurrentTaxYear |
| Total | 14566239 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 17298 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 60843 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 176349 | CurrentTaxYearMinus1Year |
| Current Tax Year | 206681 | CurrentTaxYear |
| Total | 461171 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 58511599 | TotalSupport |
| Public Support Pertcentage170 | 0.61690 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.60019 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | OTHER INCOME, FORM 990, SCHEDULE A, PART II, SECTION B, LINE 10, 2006 $17,298 2007 NONE 2008 $60,843 2009 $176,349 2010 $206,681 TOTAL OTHER INCOME $461,171, | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Exmpt Function Expenditures | 0 | TotalExmptFunctionExpenditures |
| Total Lobbying Expenditures IIB | 0 | TotalLobbyingExpendituresIIB |
| Non Ded Lobby Political Total | 0 | NonDedLobbyPoliticalTotal |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 39348811 | BeginningOfYearBalance |
| Contributions | 1645498 | Contributions |
| Investment Earnings Or Losses | 6931892 | InvestmentEarningsOrLosses |
| Other Expenditures | 1886408 | OtherExpenditures |
| End Of Year Balance | 46039793 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 33209002 | BeginningOfYearBalance |
| Contributions | 2850582 | Contributions |
| Investment Earnings Or Losses | 5978547 | InvestmentEarningsOrLosses |
| Other Expenditures | 2689320 | OtherExpenditures |
| End Of Year Balance | 39348811 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 37504322 | BeginningOfYearBalance |
| Contributions | 5341294 | Contributions |
| Investment Earnings Or Losses | -8993698 | InvestmentEarningsOrLosses |
| Other Expenditures | 642916 | OtherExpenditures |
| End Of Year Balance | 33209002 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.04710 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.95290 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| ALTERNATIVE ASSETS | 19488041 | F |
| LIMITED PARTNERSHIPS | 1347334 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 20835375 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE | $133,000 |
| DUE TO WRIGHT STATE UNIVERSITY | $830,213 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 963213 | TotalOfAmounts |
| Total Revenue | 4104124 | TotalRevenue |
| Total Expenses | 7876162 | TotalExpenses |
| Excess Or Deficit For Year | -3772038 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 17345741 | NetUnrealizedGLOnInvestments |
| Other | $198,319 | OtherAmount |
| Total Adjustments | 17544060 | TotalAdjustments |
| Excess Or Deficit Per FS | 13772022 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 21138093 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 17345741 | NetUnrealizedGainsInvestments |
| Other Revenues | 227120 | OtherRevenues |
| Revenue Not Rptd F990 | 17572861 | RevenueNotRptdF990 |
| Revenue Subtotal | 3565232 | RevenueSubtotal |
| Investment Expenses Not Included | 510091 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 28801 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 538892 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4104124 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7366071 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 7366071 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 510091 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 0 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 510091 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 7876162 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of escrow agreement | Schedule D, Part IV, Line 2b | WSU FOUNDATION HOLDS AND INVESTS ASSETS ON BEHALF OF THE WESTERN OHIO EDUCATION FOUNDATION (WOEF). WOEF IS THE EDUCATIONAL FOUNDATION THAT BENEFITS THE LAKE CAMPUS BRANCH OF WRIGHT STATE UNIVERSITY, LOCATED IN CELINA, OHIO. WOEF SHARES PROPORTIONATELY IN THE INVESTMENT EARNINGS AND LOSSES OF THE WSU FOUNDATION PORTFOLIO, INCLUDING FEES CHARGED BY PROFESSIONAL INVESTMENT MANAGERS. ASSETS DEPOSITED BY WOEF WITH THE WSU FOUNDATION MAY BE WITHDRAWN OR SUPPLEMENTED AT ANY TIME WITH LITTLE OR NO NOTICE REQUIRED. ASSETS ON DEPOSIT AT THE END OF THE FISCAL YEAR ARE INCLUDED IN THE "INVESTMENTS IN SECURITIES" LINE OF THE WSU FOUNDATION STATEMENT OF ACTIVITIES. THE RELATED LIABILITY IS LISTED AS "DEPOSITS HELD IN CUSTODY FOR OTHERS." |
| Intended uses of endowment funds | Schedule D, Part V, Line 4 | ENDOWMENT FUNDS HAVE BEEN ESTABLISHED WITH THE FOUNDATION TO SUPPORT THREE MAJOR PROGRAM AREAS; ACADEMIC AND SUPPORT PROGRAMS, STUDENT FINANCIAL AID AND RESEARCH. SPECIFICALLY, ENDOWMENTS FUND PROGRAM OPERATIONS, STUDENT SCHOLARSHIPS AND AWARDS, DEPARTMENT CHAIR POSITIONS, PROFESSORSHIPS, STUDENT SUPPORT PROGRAMS AND INDIVIDUAL RESEARCH PROJECTS. |
| FIN 48 (ASC 740) footnote | Schedule D, Part X, Line 2 | THE UNIVERSITY HAS BEEN APPROVED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL TAXES ON ITS NORMAL ACTIVITIES. GAAP PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2011 OR 2010, RESPECTIVELY. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2008. THE FOUNDATION DOES NOT HAVE ANY TAX BENEFITS RECORDED AT JUNE 30, 2011, AND DOES NOT EXPECT THAT POSITION TO SIGNIFICANTLY CHANGE IN THE NEXT YEAR. THE FOUNDATION WOULD RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE, IF APPLICABLE, AND THERE WERE NO AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2011 OR 2010. |
| Other changes in net assets | Schedule D, Part XI, Line 8 | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - 227120; CHANGE IN VALUE OF CSV - -28801; |
| Other revenues in audited financial statements not in form 990 | Schedule D, Part XII, Line 2d | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - 227120; |
| Other revenues in form 990 not in audited financial statements | Schedule D, Part XII, Line 4b | CHANGE IN VALUE OF CSV - 28801; |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | Region |
| Type Of Activities Conducted | PASSIVE INVESTMENTS | TypeOfActivitiesConducted |
| Total Expenditures | 12365000 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Amount Spent | 12365000 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WRIGHT STATE UNIVERSITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3640 COLONEL GLENN HIGHWAY | AddressLine1 |
| City | DAYTON | City |
| State | OH | State |
| ZIP Code | 454350001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 310732831 | EINOfRecipient |
| IRC Section | GOVT. ORG. | IRCSection |
| Amount Of Cash Grant | 4005357 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Purpose Of Grant | INSTITUTIONAL SUPPORT | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 983 | NumberOfRecipients |
| Amount Of Cash Grant | 2384496 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedures for monitoring use of grant funds | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | ALL EXPENDITURES OF GRANT PROCEEDS FOR PROGRAM SUPPORT, RESEARCH, ATHLETICS AND MISCELLANEOUS GRANTS ARE SUBJECT TO APPROVAL OF THE FOUNDATION'S ASSISTANT TREASURER OR HIS/HER DESIGNEE. PRIOR TO APPROVAL, THE ASSISTANT TREASURER REVIEWS THE PURPOSE OF THE EXPENDITURE IN CONJUNCTION WITH DONOR RESTRICTIONS AS SPECIFIED IN GIFT AGREEMENTS AND OTHER RELATED GIFT DOCUMENTS. WITH RESPECT TO SCHOLARSHIP AWARDS, GRANT PROCEEDS ARE RELEASED TO THE FINANCIAL AID OFFICE OF WRIGHT STATE UNIVERSITY, A RELATED TAX-EXEMPT ORGANIZATION, WHICH CREDITS INDIVIDUAL STUDENT ACCOUNTS IN THE AMOUNT OF SCHOLARSHIPS AWARDED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRYAN K ROWLAND | |||||||||||||
| 0 | 224183 | 0 | 0 | 0 | 26083 | 0 | 29531 | 0 | 21802 | 0 | 301599 | 0 | 0 |
| REBECCA COLE | |||||||||||||
| 0 | 162757 | 0 | 0 | 0 | 2120 | 0 | 23218 | 0 | 9297 | 0 | 197392 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | BRYAN K. ROWLAND'S COMPENSATION | Identifier |
| Return Reference | SCHEDULE J, PART II, LINE 1 | ReturnReference |
| Explanation | BRYAN K. ROWLAND HELD THE POSITION OF OFFICER OF THE FOUNDATION FROM JULY 2010 THROUGH SEPTEMBER OF 2010. IN ACCORDANCE WITH THE FORM INSTRUCTIONS WE ARE TO REPORT HIS REPORTABLE COMPENSATION BASED OFF OF THE CALENDAR YEAR 2010. THEREFORE, THE COMPENSATION BEING DISCLOSED IN SCHEDULE J, PART II, LINE 1 IS FOR THE CALENDAR YEAR 2010 AND NOT FOR HIS THREE MONTHS THAT HE SERVED AS OFFICER OF THE FOUNDATION. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 14 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 538813 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of other program services | Form 990, Part III, Line 4d | SCHOLARLY RESEARCH IS A CORE PART OF WRIGHT STATE UNIVERSITY'S MISSION. THE FOUNDATION SEEKS TO ENHANCE FUNDING FOR THESE ACTIVITIES BY RAISING PRIVATE SUPPORT THAT PROVIDES PERSONNEL AND OPERATING COST COVERAGE FOR VARIOUS PROJECTS. MANY, ALTHOUGH NOT ALL, OF THE UNIVERSITY-SUPPORTED RESEARCH PROGRAMS ARE IN THE FIELD OF MEDICINE. |
| Review of form 990 by governing body | Form 990, Part VI, Section B, Line 11b | PRIOR TO FILING WITH THE IRS, THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE. THE FULL DOCUMENT IS PRESENTED TO THE COMMITTEE AND STAFF PROVIDES AN OVERVIEW OF THE INFORMATION CONTAINED IN THE REPORT. ONCE THE AUDIT COMMITTEE IS SATISFIED THAT THE FORM IS ACCURATELY COMPLETED, IT APPROVES THE FORM FOR FILING. PRIOR TO FILING, THE FINAL VERSION OF THE FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE FOUNDATION BOARD. |
| Conflict of interest policy | Form 990, Part VI, Section B, Line 12c | TRUSTEES OF WRIGHT STATE UNIVERSITY FOUNDATION, INC. (THE FOUNDATION) ARE ANNUALLY REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT AND TO DISCLOSE ANY POTENTIAL CONFLICTS THAT MAY EXIST. THESE DISCLOSURES ARE REVIEWED BY THE FOUNDATION'S ASSISTANT TREASURER. THIS POSITION IS RESPONSIBLE FOR REVIEWING AND APPROVING ALL OPERATING EXPENDITURES AUTHORIZED BY THE ANNUAL FOUNDATION BUDGET. SUCH AUTHORIZATIONS ARE MADE IN LIGHT OF THE ASSISTANT TREASURER'S KNOWLEDGE OF CONFLICT DISCLOSURES. TRUSTEES ARE EXPECTED TO ABSTAIN FROM SELF-DEALING AND ANY VOTES THAT MAY BE BIASED BY PERSONAL CONFLICTS OF INTEREST. THE ANNUAL DISCLOSURE PROCEDURE HELPS THEM IDENTIFY AND AVOID SUCH CONDITIONS. |
| Public Disclosure | Form 990, Part VI, Section C, Line 19 | IN GENERAL, DOCUMENTS MAINTAINED BY WRIGHT STATE UNIVERSITY FOUNDATION, INC. (THE FOUNDATION) ARE SUBJECT TO THE STATE OF OHIO'S PUBLIC RECORDS LAW, WHICH GENERALLY HOLDS THAT ALL REQUESTS FOR DOCUMENTS WILL BE FULFILLED. THE FOUNDATION'S ANNUAL FINANCIAL STATEMENTS AND SEVERAL GOVERNING DOCUMENTS ARE ALSO PUBLISHED ON ITS WEB SITE. |
| PROCESS USED TO ESTABLISH COMPENSATION OF OFFICERS/KEY EMPLOYEES/TOP MANAGEMENT OFFICIALS | FORM 990, PART VI, SECTION B, LINE 15A AND LINE 15B | THE COMPENSATION OF THE OFFICERS OF THE ORGANIZATION IS DETERMINED AT THE WRIGHT STATE UNIVERSITY LEVEL AND NOT AT THE ORGANIZATION. THE ORGANIZATION DOES NOT HAVE POLICIES AND PROCEDURES OF ITS OWN FOR COMPENSATION. THEREFORE, QUESTIONS 15A AND 15B HAVE BEEN ANSWERED AS NO IN ACCORDANCE WITH THE FORM INSTRUCTIONS. |
| Average hours worked per week for related organization | Form 990, Part VII, Section A, Column B | MICHELLE SHAW - 30 HOURS PER WEEK TO WRIGHT STATE UNIVERSITY BRYAN K. ROWLAND - 30 HOURS PER WEEK TO WRIGHT STATE UNIVERSITY ROBERT T. BATSON - 30 HOURS PER WEEK TO WRIGHT STATE UNIVERSITY NINA JOSHI - 1 HOUR PER WEEK TO WRIGHT STATE UNIVERSITY REBECCA COLE - 30 HOURS PER WEEK TO WRIGHT STATE UNIVERSITY ELOISE BRONER - 1 HOUR PER WEEK TO WRIGHT STATE UNIVERSITY |
| Other changes in net assets or fund balances | Form 990, Part XI, Line 5 | NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 17345741; CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - 227120; CHANGE IN VALUE OF CSV - -28801; |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WRIGHT STATE UNIVERSITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3640 COLONEL GLENN HIGHWAY | AddressLine1 |
| City | DAYTON | City |
| State | OH | State |
| ZIP Code | 454350001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 310732831 | EIN |
| Primary Activities | EDUCATION | PrimaryActivities |
| Legal Domicile State | OH | LegalDomicileState |
| Exempt Code Section | 501(C)(1) | ExemptCodeSection |
| Public Charity Status | N/A | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | true | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |