PURDUE RESEARCH FOUNDATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- PURDUE RESEARCH FOUNDATION (EIN 35-1052049)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-07
- IRS object ID
- 201240679349300234
- 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 K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-07T13:00:03-06:00 | 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 | 3815 River Crossing Parkway | AddressLine1 |
| Address Line2 | Suite 300 | AddressLine2 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 462400977 | 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 | 351052049 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PURDUE RESEARCH FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PURD | NameControl |
| Phone | 7655881061 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1281 Win Hentschel Boulevard | AddressLine1 |
| City | West Lafayette | City |
| State | IN | State |
| ZIP Code | 479064182 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BELINDA RACHWAL | Name |
| Title | ASSISTANT TREASURER | Title |
| Date Signed | 2012-02-27 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3175698989 | 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 | JOSEPH B HORNETT | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1281 Win Hentschel Blvd | AddressLine1 |
| City | West Lafayette | City |
| State | IN | State |
| ZIP Code | 479064182 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 281085311 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PRF.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1930 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | THE PRIMARY MISSION OF PURDUE RESEARCH FOUNDATION IS TO ADVANCE THE MISSION OF PURDUE UNIVERSITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 93 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | -313103 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -449476 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 22253484 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 22724075 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 8503922 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 10127968 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 35418352 | InvestmentIncomePriorYear |
| Investment Income Current Year | 57195181 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 4757572 | OtherRevenuePriorYear |
| Other Revenue Current Year | 6828386 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 70933330 | TotalRevenuePriorYear |
| Total Revenue Current Year | 96875610 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 28339814 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 35973363 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7316170 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7682063 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 28191481 | OtherExpensePriorYear |
| Other Expenses Current Year | 32798012 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 63847465 | TotalExpensesPriorYear |
| Total Expenses Current Year | 76453438 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 7085865 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 20422172 | RevenuesLessExpensesCY |
| Total Assets BOY | 873132878 | TotalAssetsBOY |
| Total Assets EOY | 1069362893 | TotalAssetsEOY |
| Total Liabilities BOY | 150758623 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 225080544 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 722374255 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 844282349 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE PRIMARY MISSION OF PURDUE RESEARCH FOUNDATION IS TO ADVANCE THE MISSION OF PURDUE UNIVERSITY. | MissionDescription |
| Significant Change | false | SignificantChange |
| Expense | 27623236 | Expense |
| Grants | 17978405 | Grants |
| Revenue | 0 | Revenue |
| Description | AWARDS TO DEPARTMENTS FOR RESEARCH FUNDING OF PURDUE UNIVERSITY PHD CANDIDATES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 11575738 | Expense |
| Grants | 11575738 | Grants |
| Revenue | 0 | Revenue |
| Description | INTERNATIONAL TRAVEL GRANTS, DISTINGUISHED PROFESSOR GRANTS, AND OTHER RESEARCH GRANTS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9155348 | Expense |
| Grants | 6419220 | Grants |
| Revenue | 0 | Revenue |
| Description | RESEARCH GRANTS BY GOVERNMENTAL AGENCIES AND INDUSTRY FOR BASIC RESEARCH. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7392532 | Expense |
| Grants | 0 | Grants |
| Revenue | 10127968 | Revenue |
| Description | RENTAL INCOME IS COLLECTED FROM TENANTS LOCATED WITHIN THE PURDUE RESEARCH PARK AS WELL AS RESIDENTIAL UNITS. PURDUE RESEARCH PARK IS THE HOME OF STATE-OF-THE-ART TECHNOLOGY BUSINESS INCUBATORS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 7392532 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 10127968 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 55746854 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | true | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | 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 | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | 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 | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| 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 | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 285 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 93 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| 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 | false | QuidProQuoContributions |
| 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 | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | 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 | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| 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 | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | true | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Belinda Rachwal | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7655881061 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1281 Win Hentschel Boulevard | AddressLine1 |
| City | West Lafayette | City |
| State | IN | State |
| ZIP Code | 479064182 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Highest Compensated EmployeeHighestCompensatedEmployee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Individual Trustee Or DirectorIndividualTrusteeOrDirector |
|---|---|---|---|---|---|---|---|
| JOHN HANAK | |||||||
| STATEWIDE DIRECTOR | 40 | X | 148984 | 0 | 38788 | ||
| JUDITH A HALL | |||||||
| CORPORATE SECRETARY | 40 | 105372 | 0 | 32978 | X | ||
| GREG DEASON | |||||||
| VP REAL ESTATE / RESEARCH PARK DEVELOPMENT | 40 | 157299 | 0 | 39282 | X | ||
| RICHARD BUCKIUS | |||||||
| VICE PRESIDENT RESEARCH | 5 | 0 | 0 | 0 | X | ||
| BELINDA RACHWAL | |||||||
| ASSISTANT TREASURER | 40 | 113248 | 0 | 30566 | X | ||
| DAVID HODDE | |||||||
| ASSISTANT CORPORATE SECRETARY | 40 | 112721 | 0 | 36693 | X | ||
| JOSEPH B HORNETT | |||||||
| SR VP & TREASURER | 40 | 263326 | 0 | 50879 | X | ||
| JERRY D SEMLER | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| STEVEN SCHMIDT | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| CHARLES E SCHALLIOL | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| KEITH KRACH | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| RANDALL J LEWIS | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| DAVID JOHNSON | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| BOB F JESSE | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| DAVID ADAMS | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| JOHN D HARDIN | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| BARBARA H EDMONDSON | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| FRANCE A CORDOVA | |||||||
| PRESIDENT | 5 | 0 | 0 | 0 | X | X | |
| MICHAEL J BIRCK | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| ELIZABETH BECHDOL | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| J TIMOTHY MCGINLEY | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| KELVIN PENNINGTON | |||||||
| DIRECTOR | 1 | 0 | 0 | 0 | X | ||
| KAREN WHITE | |||||||
| ASSISTANT DIRECTOR OTC | 40 | X | 103379 | 0 | 20605 | ||
| JOHN BRATT | |||||||
| DIRECTOR - PARTIAL YEAR | 1 | 0 | 0 | 0 | X | ||
| FOREST FARMER | |||||||
| DIRECTOR - PARTIAL YEAR | 1 | 0 | 0 | 0 | X | ||
| W JOHN HINGST | |||||||
| DIRECTOR - PARTIAL YEAR | 1 | 0 | 0 | 0 | X | ||
| WILLIAM OESTERLE | |||||||
| DIRECTOR - PARTIAL YEAR | 1 | 0 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1004329 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 249791 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SHIEL SEXTON COMPANY INC | |||||
| 902 N CAPITAL AVE | INDIANAPOLIS | IN | 46204 | CONSTRUCTION | 3794548 |
| BARNES & THORNBURG | |||||
| 1313 MERCHANTS BANK BLDG | INDIANAPOLIS | IN | 46204 | LEGAL | 1892720 |
| CSO ARCHITECTS | |||||
| 280 EAST 96TH STREET SUITE 100 | INDIANAPOLIS | IN | 46240 | ARCHITECT FEES | 1212759 |
| POULOS INC | |||||
| 735 S LARAMIE AVE | CHICAGO | IL | 60644 | CONSTRUCTION | 504098 |
| STUART & BRANIGIN | |||||
| 300 MAIN ST SUITE 900 | LAFAYETTE | IN | 479021010 | LEGAL SERVICES | 493739 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 34 | NumberOfContractorsGT100K |
| All Other Contributions | 22724075 | AllOtherContributions |
| Noncash Contributions | 1141902 | NoncashContributions |
| Total Contributions | 22724075 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RENTAL INCOME (LOSS) | Description |
| Business Code | 532000 | BusinessCode |
| Total Revenue Column | 10127968 | TotalRevenueColumn |
| Related Or Exempt Function Income | 10127968 | RelatedOrExemptFunctionIncome |
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 | 10127968 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13965351 | TotalRevenueColumn |
| Unrelated Business Revenue | -313103 | UnrelatedBusinessRevenue |
| Exclusion | $14,278,454 | 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 | 6227869 | TotalRevenueColumn |
| Exclusion | $6,227,869 | ExclusionAmount |
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 | 225904000 | Securities |
| Other | 1535531 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 182497571 | Securities |
| Other | 1712130 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 43406429 | Securities |
| Other | -176599 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43229830 | TotalRevenueColumn |
| Exclusion | $43,229,830 | 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 |
|---|---|---|
| REGISTRATION FEE INCOME | 212945 | $212,945 |
| FARM CROP INCOME | 53953 | $53,953 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 333619 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $333,619 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 600517 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 96875610 | TotalRevenueColumn |
| Related Or Exempt Function Income | 10127968 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -313103 | UnrelatedBusinessRevenue |
| Exclusion | $64,336,670 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35973363 | Total |
| Program Services | 35973363 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
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 | 1129763 | Total |
| Program Services | 284700 | ProgramServices |
| Management And General | 845063 | ManagementAndGeneral |
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 | 4441355 | Total |
| Program Services | 1116089 | ProgramServices |
| Management And General | 3325266 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 754534 | Total |
| Program Services | 152550 | ProgramServices |
| Management And General | 601984 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 963588 | Total |
| Program Services | 165519 | ProgramServices |
| Management And General | 798069 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 392823 | Total |
| Program Services | 81193 | ProgramServices |
| Management And General | 311630 | ManagementAndGeneral |
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 | 1813806 | Total |
| Program Services | 1579806 | ProgramServices |
| Management And General | 234000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 192327 | Total |
| Management And General | 192327 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 367921 | Total |
| Management And General | 367921 | ManagementAndGeneral |
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 | 2604856 | Total |
| Management And General | 2604856 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1829478 | Total |
| Program Services | 946612 | ProgramServices |
| Management And General | 882866 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1191890 | Total |
| Program Services | 311478 | ProgramServices |
| Management And General | 880412 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217285 | Total |
| Program Services | 44317 | ProgramServices |
| Management And General | 172968 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146801 | Total |
| Program Services | 113 | ProgramServices |
| Management And General | 146688 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6341145 | Total |
| Program Services | 6341145 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4280507 | Total |
| Program Services | 4280507 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 389319 | Total |
| Program Services | 138047 | ProgramServices |
| Management And General | 251272 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73755 | Total |
| Program Services | 9282 | ProgramServices |
| Management And General | 64473 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4656857 | Total |
| Management And General | 4656857 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4131820 | Total |
| Program Services | 4131820 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 251107 | Total |
| Program Services | 13212 | ProgramServices |
| Management And General | 237895 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| BAD DEBT | 39240 | 39240 | |
| UBIT TAX | 7086 | 7086 | |
| PROPERTY,SALES, USE TAXES | 1457206 | 1456978 | 228 |
| GIFT ANNUITY PYMTS & FEES | 1856595 | 1682857 | 173738 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 949011 | Total |
| Program Services | 3135 | ProgramServices |
| Management And General | 945876 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76453438 | Total |
| Program Services | 55746854 | ProgramServices |
| Management And General | 20706584 | ManagementAndGeneral |
| Fundraising | 0 | 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 | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14141881 | BOY |
| EOY | 17621142 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 505009 | BOY |
| EOY | 189630 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15364478 | BOY |
| EOY | 15056744 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1293087 | BOY |
| EOY | 18916275 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 179183375 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 32445313 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139663639 | BOY |
| EOY | 146738062 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 304666423 | BOY |
| EOY | 363645068 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 342171000 | BOY |
| EOY | 488082989 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3946119 | BOY |
| EOY | 3946119 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51381242 | BOY |
| EOY | 15166864 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 873132878 | BOY |
| EOY | 1069362893 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14009001 | BOY |
| EOY | 15820819 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4389893 | BOY |
| EOY | 3972523 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15805000 | BOY |
| EOY | 15290000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44431571 | BOY |
| EOY | 50359772 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 3756398 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68595927 | BOY |
| EOY | 69096692 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3527231 | BOY |
| EOY | 66784340 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 150758623 | BOY |
| EOY | 225080544 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92298718 | BOY |
| EOY | 83876300 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 510404957 | BOY |
| EOY | 636996398 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119670580 | BOY |
| EOY | 123409651 | EOY |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 722374255 | BOY |
| EOY | 844282349 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 873132878 | BOY |
| EOY | 1069362893 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 20422172 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 101485922 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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 | 31984828 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 20315232 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 27578786 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 22253485 | CurrentTaxYearMinus1Year |
| Current Tax Year | 22724075 | CurrentTaxYear |
| Total | 124856406 | 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 | 31984828 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 20315232 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 27578786 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 22253485 | CurrentTaxYearMinus1Year |
| Current Tax Year | 22724075 | CurrentTaxYear |
| Total | 124856406 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 5118010 | AmountsSubstContributorsTotal |
| Public Support Total170 | 119738396 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 26925122 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 20593565 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 20536299 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15791689 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20193220 | CurrentTaxYear |
| Total | 104039895 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2148578 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 636329 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1134938 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 682825 | CurrentTaxYearMinus1Year |
| Current Tax Year | 600517 | CurrentTaxYear |
| Total | 5203187 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 234099488 | TotalSupport |
| Public Support Pertcentage170 | 0.51150 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.53140 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | OTHER INCOME, SCHEDULE A, PART II, LINE 12, 2006 - $2,148,578 2007 - $636,329 2008 - $1,134,938 2009 - $682,825 2010 - $600,517 TOTAL - $5,203,187, | 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 |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | true | GrantsOtherOrganizations |
| Grants Other Organizations | $367,921 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 367921 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Non Ded Lobby Political Total | 0 | NonDedLobbyPoliticalTotal |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Land Area | X | HistoricLandArea |
| Total Number Of Easements | 2 | TotalNumberOfEasements |
| Total Acreage | 0.57 | TotalAcreage |
| Nmbr Hist Struct Easements | 0 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 1 | NmbrHistStructEasementsAfter |
| Nmbr Easements Modified | 0 | NmbrEasementsModified |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | true | WrittenPolicyMonitoring |
| Expenses Incurred For Enforcement | 2926 | ExpensesIncurredForEnforcement |
| Sect170h Requirements Satisfied | true | Sect170hRequirementsSatisfied |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 18600 | AssetsInPartX |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | DECORATION | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 517230423 | BeginningOfYearBalance |
| Contributions | 2061190 | Contributions |
| Investment Earnings Or Losses | 122703921 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 15512031 | GrantsOrScholarships |
| Other Expenditures | 12178051 | OtherExpenditures |
| End Of Year Balance | 614305452 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 470068574 | BeginningOfYearBalance |
| Contributions | 2413106 | Contributions |
| Investment Earnings Or Losses | 63744820 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 13113805 | GrantsOrScholarships |
| Other Expenditures | 5882272 | OtherExpenditures |
| End Of Year Balance | 517230423 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 591395838 | BeginningOfYearBalance |
| Contributions | 1939959 | Contributions |
| Investment Earnings Or Losses | -104459187 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 13873576 | GrantsOrScholarships |
| Other Expenditures | 4934460 | OtherExpenditures |
| End Of Year Balance | 470068574 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.17220 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.82780 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 58946583 | OtherCostOrOtherBasis |
| Book Value | 58946583 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 112264757 | OtherCostOrOtherBasis |
| Depreciation | 27982042 | Depreciation |
| Book Value | 84282715 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7972035 | OtherCostOrOtherBasis |
| Depreciation | 4463271 | Depreciation |
| Book Value | 3508764 | 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 | 146738062 | 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 | 106489180 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
Other Securities OtherSecurities (7 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| COMMON AND PREFERRED STOCK | 47188315 | F |
| EMERGING MARKETS | 23041892 | F |
| HEDGE FUNDS | 180019073 | F |
| FIXED INCOME SECURITIES | 33195570 | F |
| REAL ESTATE | 17542757 | C |
| NATURAL RESOURCES | 58818668 | C |
| INTERNATIONAL EQUITY | 21787534 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 488082989 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| GIFT ANNUITY PAYABLE | $3,785,729 |
| DUE ON SPLIT INTEREST TRUSTS | $62,788,272 |
| SECURITIES LENDING | $210,339 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 66784340 | TotalOfAmounts |
| Total Revenue | 96875610 | TotalRevenue |
| Total Expenses | 76453438 | TotalExpenses |
| Excess Or Deficit For Year | 20422172 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 97607196 | NetUnrealizedGLOnInvestments |
| Other | $0 | OtherAmount |
| Total Adjustments | 97607196 | TotalAdjustments |
| Excess Or Deficit Per FS | 118029368 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 188108436 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 97607196 | NetUnrealizedGainsInvestments |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | 97607196 | RevenueNotRptdF990 |
| Revenue Subtotal | 90501240 | RevenueSubtotal |
| Other Revenues Not Included | 6374370 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 6374370 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 96875610 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 76453438 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 76453438 | ExpensesSubtotal |
| Other Expenses Not Included | 0 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 76453438 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Conservation easements policy | Schedule D, Part II, Line 5 | POLICY IN PLACE TO ENSURE ANNUAL MONITORING OF CONSERVATION EASEMENTS FOR FEDERAL GUILDELINE COMPLIANCE. |
| Conservation easements financial reporting | Schedule D, Part II, Line 9 | CONSERVATION EASEMENTS ARE CONSIDERED ASSETS ON THE BALANCE SHEET. ANY EXPENSES ASSOCIATED WITH THE MONITORING, INSPECTING, AND ENFORCING OF EASEMENTS ARE EXPENSED IN THE YEAR INCURRED. |
| Collections of art - description of collections | Schedule D, Part III, Line 4 | PURDUE RESEARCH FOUNDATION OWNS A COLLECTION OF ANTIQUE MEDICINE BOTTLES. THE COLLECTION WAS DONATED TO PURDUE RESEARCH FOUNDATION BY A PHYSICIAN. THE COLLECTION IS BEING HELD FOR DISPLAY. |
| Explanation of escrow agreement | Schedule D, Part IV, Line 2b | THE FOUNDATION ACTS AS AN INTERMEDIARY FOR CERTAIN CONTRIBUTIONS RECEIVED BY AFFILIATE FOUNDATIONS FOR THE BENEFIT OF THE UNIVERSITY. THE FOUNDATION HOLDS THESE FUNDS AS A TRUSTEE UNTIL THEY ARE EXPENDED FOR THE UNIVERSITY. THE EXCESS OF CONTRIBUTIONS OVER EXPENDITURES IS SHOWN AS A LIABILITY ON THE BALANCE SHEET. |
| Intended uses of endowment funds | Schedule D, Part V, Line 4 | THE ENDOWMENT FUNDS ARE HELD FOR THE BENEFIT OF PURDUE UNIVERSITY TO BE USED FOR SCHOLARSHIPS AND AWARDS. |
| FIN 48 (ASC 740) footnote | Schedule D, Part X, Line 2 | THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE FOUNDATION IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. CURRENT ACCOUNTING STANDARDS REQUIRE THE FOUNDATION TO DISCLOSE THE AMOUNT OF POTENTIAL BENEFIT OR OBLIGATION TO BE REALIZED AS A RESULT OF AN EXAMINATION PERFORMED BY A TAXING AUTHORITY. FOR THE YEAR ENDED JUNE 30, 2011, MANAGEMENT HAS DETERMINED THAT THE FOUNDATION DOES NOT HAVE ANY TAX POSITIONS THAT RESULT IN ANY UNCERTAINTIES REGARDING THE POSSIBLE IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2008. THE FOUNDATION RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE FOUNDATION DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2011. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (3 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | PASSIVE INVESTMENTS | 20709393 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | PASSIVE INVESTMENTS | 1921244 |
| NORTH AMERICA (CANADA & MEXICO ONLY) | PASSIVE INVESTMENTS | 253083 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Amount Spent | 22883720 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | 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 (11 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| PURDUE UNIVERSITY | |||||||
| 401 SOUTH GRANT ST | WEST LAFAYETTE | IN | 47906 | 356002041 | 501 (C)(3) | 6374370 | RESEARCH-GRANT GOV'T INDUSTRY |
| PURDUE UNIVERSITY | |||||||
| 401 SOUTH GRANT STREET | WEST LAFAYETTE | IN | 47906 | 356002041 | 501(C)(3) | 4500000 | RESEARCH GRANT-XRXL |
| PURDUE UNIVERSITY | |||||||
| 401 SOUTH GRANT STREET | WEST LAFAYETTE | IN | 47906 | 356002041 | 501(C)(3) | 1000000 | EQUIPMENT GRANTS-XRXL |
| PURDUE UNIVERSITY | |||||||
| 401 SOUTH GRANT STREET | WEST LAFAYETTE | IN | 47906 | 356002041 | 501(C)(3) | 400000 | SUMMER RESEARCH GRANT-XRXL |
| PURDUE UNIVERSITY | |||||||
| 401 SOUTH GRANT STREET | WEST LAFAYETTE | IN | 47906 | 356002041 | 501(C)(3) | 150000 | INTERNATIONAL TRAVEL GRANTS-XRXL |
| PURDUE UNIVERSITY | |||||||
| 401 SOUTH GRANT STREET | WEST LAFAYETTE | IN | 47906 | 356002041 | 501(C)(3) | 4690705 | SCHOLARSHIPS-XRXL |
| PURDUE UNIVERSITY | |||||||
| 401 SOUTH GRANT STREET | WEST LAFAYETTE | IN | 47906 | 356002041 | 501(C)(3) | 259295 | SPEC INCENT RESEARCH GRANTS-XRXL |
| PURDUE UNIVERSITY | |||||||
| 401 SOUTH GRANT STREET | WEST LAFAYETTE | IN | 47906 | 356002041 | 501 (C)(3) | 35000 | INTERDISPLINARY FELLOWSHIP-XRXL |
| PURDUE UNIVERSITY | |||||||
| 401 SOUTH GRANT STREET | WEST LAFAYETTE | IN | 47906 | 356002041 | 501(C)(3) | 540738 | DISTINGUISHED PROFESSOR GRANTS |
| PURDUE UNIVERSITY | |||||||
| 401 SOUTH GRANT STREET | WEST LAFAYETTE | IN | 47906 | 356002041 | 501(C)(3) | 17978405 | SCHOLARSHIPS & AWARDS |
| INDIANA ECONOMIC DEVELOPMENT FOUNDATION-BIO | |||||||
| ONE NORTH CAPITOL SUITE 700 | INDIANAPOLIS | IN | 46204 | 202664607 | 501(C)(3) | 7500 | SPONSORSHIP BIO INTERNATIONAL CONVENTION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
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 | AT THE BEGINNING OF THE TAX YEAR, PURDUE UNIVERSITY SUBMITS GRANT REQUESTS IN THE FORM OF A BUDGET TO THE PURDUE RESEARCH FOUNDATION. AT THAT TIME, THE BOARD OF FOUNDATION APPROVES THE ENTIRE BUDGET, INCLUDING THE PROPOSED GRANTS. ALL MONEY GRANTED TO PURDUE UNIVERSITY ISUSED FOR PROGRAMS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN HANAK | |||||||||||||
| 146614 | 0 | 0 | 0 | 2370 | 0 | 20657 | 0 | 18131 | 0 | 187772 | 0 | 0 | 0 |
| GREG DEASON | |||||||||||||
| 156675 | 0 | 0 | 0 | 624 | 0 | 22157 | 0 | 17125 | 0 | 196581 | 0 | 0 | 0 |
| JOSEPH B HORNETT | |||||||||||||
| 232912 | 0 | 0 | 0 | 30414 | 0 | 36390 | 0 | 14489 | 0 | 314205 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| First-class or charter travel | Schedule J, Part I, Line 1a | PURDUE RESEARCH FOUNDATION OWNS AN AIRPLANE THAT IS USED BY BOARD MEMBERS AND MANAGEMENT FOR TRAVEL FOR BUSINESS PURPOSES. PURDUE RESEARCH FOUNDATION EXPENSES ASSOCIATED WITH THE AIRPLANEARE EXCLUDED FROM TAXABLE INCOME FOR THE INDIVIDUALS SINCE THEY ARE USED FOR BUSINESS PURPOSES. |
| Discretionary spending account | Schedule J, Part I, Line 1a | PURDUE RESEARCH FOUNDATION PAYS COUNTRY CLUB DUES FOR INDIVIDUALS THAT ARE CONDUCTING BUSINESS AT THE CLUB (SUCH AS DONOR RELATIONS), AND NOT FOR ANY PERSONAL BENEFIT. COUNTRY CLUB DUES ARE EXCLUDED FROM TAXABLE INCOME FOR THE INDIVIDUALS SINCE THEY ARE USED FOR BUSINESS PURPOSES. |
| Health or social club dues or initiation fees | Schedule J, Part I, Line 1a | THE PRESIDENT HAS A DISCRETIONARY ACCOUNT AVAILABLE FOR SPENDING ON BUSINESS RELATED EXPENSES. PURDUE RESEARCH FOUNDATION EXPENSES ASSOCIATED WITH THE DISCRETIONARY ACCOUNT ARE EXCLUDED FROM TAXABLE INCOME SINCE THEY ARE USED FOR BUSINESS PURPOSES. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| INDIANA DEVELOPMENT FINANCE AUTHORITY | |||||||
| 351602316 | 45504RGK6 | 2005-08-19 | 8185916 | CONSTRUCTION OF EDUCATIONAL FACILITIES | false | false | false |
| INDIANA DEVELOPMENT FINANCE AUTHORITY | |||||||
| 351602316 | 45504RGD2 | 2004-05-01 | 9986037 | CONSTRUCTION OF EDUCATIONAL FACILITIES | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1045000 | 0 | 8248426 | 0 | 0 | 0 | 43782 | 61535 | 0 | 8248426 | 0 | 0 | 2007 | false | false | true | true |
| 1430000 | 0 | 9990999 | 0 | 0 | 0 | 199718 | 0 | 0 | 9791281 | 0 | 0 | 2005 | true | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|
| false | false | false | false | 0.0000 | 0.0000 | 0.0000 | true |
| false | false | false | false | 0.0000 | 0.0000 | 0.0000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Term Of GICTermOfGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|
| false | false | false | 0.0 | false | 0.0 | false | true |
| false | false | false | false | false | true |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1141902 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 6 | 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 | RENTAL INCOME IS COLLECTED FROM TENANTS LOCATED WITHIN THE PURDUE RESEARCH PARK AS WELL AS RESIDENTIAL UNITS. PURDUE RESEARCH PARK IS THE HOME OF STATE-OF-THE-ART TECHNOLOGY BUSINESS INCUBATORS. |
| Review of form 990 by governing body | Form 990, Part VI, Section B, Line 11b | THE FORM 990 WILL BE COMPLETED ANNUALLY AFTER THE AUDIT IS COMPLETE. THE COMPANY'S SENIOR VICE PRESIDENT/TREASURER/COO WILL REVIEW THE FORM 990 WITH THE ASSISTANT VICE PRESIDENT OF FINANCE AND ALSO THE COMPANY'S AUDIT COMMITTEE CHAIRMAN. AFTER RESOLVING ANY QUESTIONS OR UPDATES, THE FORM 990 WILL BE PRESENTED TO THE BOARD MEMBERS FOR APPROVAL. ALL QUESTIONS AND CONCERNS OF THE MEMBERS OF THE BOARD WILL BE ADDRESSED BY THE SENIOR VICE PRESIDENT AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE. AFTER ALL INPUT HAS BEEN APPROPRIATELY ADDRESSED, THE FORM 990 WILL BE FILED BY THE DUE DATE. |
| Conflict of interest policy | Form 990, Part VI, Section B, Line 12c | A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED ANNUALLY BY ALL EMPLOYEES AND BOARD MEMBERS. ANY CONFLICTS OF INTEREST ARE INVESTIGATED BY THE HUMAN RESOURCES DEPARTMENT. IF A CONFLICT OF INTEREST IS ESTABLISHED, HUMAN RESOURCES WILL ESTABLISH SAFEGUARDS TO PROTECT ALL PARTIES INVOLVED. |
| Process used to establish compensation of top management official | Form 990, Part VI, Section B, Line 15a | THE BOARD OF DIRECTORS APPROVES THE TOTAL SALARY BUDGET FOR PURDUE RESEARCH FOUNDATION EACH YEAR. INCLUDED IN THE BUDGET ARE THE SUGGESTED SALARY INCREASES FOR ALL OFFICERS. PURDUE RESEARCH FOUNDATION USES COMPARABILITY DATA FROM SIMILAR FOUNDATIONS AND UNIVERSITIES IN DETERMINING THE SALARIES FOR THE OFFICERS. THE BOARD APPROVAL OF THE SALARIES IS DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2010. |
| Process used to establish compensation of other officers/key employees | Form 990, Part VI, Section B, Line 15b | THE BOARD OF DIRECTORS APPROVES THE TOTAL SALARY BUDGET FOR PURDUE RESEARCH FOUNDATION EACH YEAR. INCLUDED IN THE BUDGET ARE THE SUGGESTED SALARY INCREASES FOR ALL OFFICERS. PURDUE RESEARCH FOUNDATION USES COMPARABILITY DATA FROM SIMILAR FOUNDATIONS AND UNIVERSITIES IN DETERMINING THE SALARIES FOR THE OFFICERS. THE BOARD APPROVAL OF THE SALARIES IS DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2010. |
| Public Disclosure | Form 990, Part VI, Section C, Line 19 | THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST TO PURDUE RESEARCH FOUNDATION. THE CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC AT THIS TIME. |
| Other changes in net assets or fund balances | Form 990, Part XI, Line 5 | NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - XXX-XX-XXXX; PRIOR PERIOD ADJUSTMENTS - 3878726; CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - -14229652; INCREASE IN INTEREST IN PERPETUAL TRUST - 1678986; |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| INPROTEO LLC | |||||||||
| 1281 WIN HENTSCHEL BLVD | WEST LAFAYETTE | IN | 47906 | 431952076 | RESEARCH | DE | 17534 | 1 | NA |
| VACCINE LLC | |||||||||
| 1281 WIN HENTSCHEL BLVD | WEST LAFAYETTE | IN | 47906 | 351052049 | RESEARCH | IN | 40000 | 40000 | NA |
| PURDUE UNIVERSITY OF CALUMET LLC | |||||||||
| 1281 WIN HENTSCHEL BOULEVARD | WEST LAFAYETTE | IN | 479064182 | 351052049 | MANAGE TECHNOLOGY CENTER | IN | 0 | 0 | NA |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCCLURE PARK LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1281 WIN HENTSCHEL BLVD | AddressLine1 |
| City | WEST LAFAYETTE | City |
| State | IN | State |
| ZIP Code | 47906 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351078594 | EIN |
| Primary Activity | PROPERTY MANAGEMENT | PrimaryActivity |
| Legal Domicile State | IN | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C CORPORATION | TypeOfEntity |
| Share Of Total Income | 2611000 | ShareOfTotalIncome |
| Share Of EOY Assets | 10936000 | ShareOfEOYAssets |
| Percentage Ownership | 1 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | 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 | true | 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 | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| MCCLURE PARK LLC | ||
| A | 352238 | COST |
| MCCLURE PARK LLC | ||
| D | 15667008 | COST |
| MCCLURE PARK LLC | ||
| E | 1444254 | COST |
Comments