2012-05-15T15:57:03-07:00 2011-06-30 990 2010-07-01 556011111 MARSHALL UNIVERSITY FOUNDATION INCORPORATED MARS 3046966264 519 John Marshall Drive Huntington WV 25703 R Scott Anderson 3046963388 2012-05-10 2010 2016-02-24 21:20:13Z Ronald G Area 519 John Marshall Drive Huntington WV 25703 65137080 0 X www.marshall.edu/foundation X 1947 WV The Marshall University Foundation was chartered on January 3, 1947 as an independent non-profit organization to receive, invest, administer and disburse private resources on behalf of Marshall University. 33 33 52 100 48670 -8342 7201428 17007107 17395 57187 3261576 5694614 146402 140711 10626801 22899619 2475258 2399327 0 0 1580267 1485884 0 0 563069 5434173 4937101 9489698 8822312 1137103 14077307 113260151 136103081 13870311 13539766 99389840 122563315 The organization's primary exempt purpose is to provide support to Marshall University by receiving, investing, and administering private resources. 0 0 2399327 0 0 The organization provides support in the form of scholarships and awards to faculty and students related to their educational supports at the university 1529160 0 0 The organization provides support to the university broadly and to individual departments in support of their respective educational priorities in the form of payroll and stipend support, as well as to disburse designated funds on behalf of departmental and university projects 1766969 0 0 Department and unit operating funds provide additional resources for programs, travel, training, equipment and supplies, and other miscellaneous purposes on behalf of the university departments 0 0 0 5695456 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 115 0 1 52 1 1 1 0 0 0 0 1 1 0 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL MD OH WV X X X R Scott Anderson CFO 3046963388 519 John Marshall Drive Huntington WV 25703 Mrs Phyllis H Arnold 0 X X 0 0 0 Mr Jonathan A Broh 0 X 0 0 0 Mr Mark E Dempsey 0 X 0 0 0 Mr Stephen H Ellis 0 X 0 0 0 Mr James E Gibson 0 X 0 0 0 Mr Joseph M Gillette 0 X X 0 0 0 Mr T Ryan Goodwin 0 X 0 0 0 Mrs Carol J Hartley 0 X 0 0 0 Mrs Monica J W Hatfield 0 X 0 0 0 Mr J Patrick Jones 2 X X 0 0 0 Mr Drew T Kagan 0 X 0 0 0 Mr John K Kinzer 0 X X 0 0 0 Mr Jack E Moore 0 X 0 0 0 Mr Edward W Morrison Jr 0 X 0 0 0 Mr Audy M Perry 0 X 0 0 0 Mr Douglas V Reynolds 0 X 0 0 0 Mrs Sharon Shaffer 0 X 0 0 0 Mrs Paula George Tompkins 0 X 0 0 0 Mr Lawrence J Tweel 0 X 0 0 0 Mr John L Underwood 0 X 0 0 0 Mr Louis M Weisberg 0 X 0 0 0 Mr John Jay White 0 X 0 0 0 Mr Thomas D Wilkerson 0 X 0 0 0 Mr Gary M Ambler 0 X 0 0 0 Mr John W Ashford 0 X 0 0 0 Mr Mark A Chandler 0 X 0 0 0 Mrs Johnna Coats 0 X 0 0 0 Mr James Farley 0 X 0 0 0 Mr David Fox 0 X 0 0 0 Mr Robert L Osborne 0 X 0 0 0 Mr Lake Polan III 0 X 0 0 0 Mr Richard L Slater 0 X 0 0 0 Mr Gary G White 0 X 0 0 0 Dr Ronald G Area 40 X X X 257436 0 28241 Mr R Scott Anderson 40 X X 98988 0 23168 Mr Ed A Zimmerman 40 X 86506 0 18262 442930 0 69671 3 0 1 0 0 0 0 0 0 0 17007107 970947 17007107 Rental income 532420 295 295 0 0 Conference center activities 721000 56892 20481 36411 0 0 0 0 0 57187 1877837 0 0 1877837 0 0 0 0 150123 106287 0 43836 0 0 46011753 0 42194976 0 3816777 0 3816777 0 0 3816777 0 33073 42485 -9412 -21671 12259 0 0 22899619 105392 48670 5738450 0 0 2399327 2399327 0 0 0 0 356000 0 356000 0 0 0 0 0 614065 0 614065 0 63218 0 63218 0 142600 0 142600 0 310001 0 310001 0 0 0 0 0 82916 46313 36603 0 15950 0 15950 0 0 0 0 0 0 0 270136 27350 242651 135 521187 368018 82320 70849 37598 34312 435 2851 109435 46476 20147 42812 114419 48287 53067 13065 0 0 0 0 68808 780 68028 0 295322 187947 31721 75654 0 0 0 0 631767 356331 68189 207247 310492 0 310492 0 0 0 0 0 397468 384176 12870 422 86621 12832 51726 22063 Dept support - employment 728570 725650 282 2638 Designations to university depts 453094 435492 3516 14086 CGA, Trust & Pledge adjustments 205234 152735 51824 675 Printing & other miscellany 308727 187471 22051 99205 Equipment and supplies 299357 281959 6031 11367 8822312 5695456 2563787 563069 6213 9712 7301961 8982560 5119855 9765271 25658 48571 0 0 0 0 0 0 0 0 0 19500 13567280 690525 13298035 12876755 72863106 86328135 3197185 4078330 3587018 3101508 0 0 7861120 10892739 113260151 136103081 601282 177455 0 0 236578 270765 3606758 12322179 0 0 0 0 0 0 8735452 0 690241 769367 13870311 13539766 X 10357717 16976026 20696013 25384186 68336110 80203103 99389840 122563315 113260151 136103081 X 14077307 9096168 X 0 1 1 X 0 X 9334370 13644659 9449799 7201428 17007107 56637363 0 0 0 0 0 0 0 0 0 0 0 0 9334370 13644659 9449799 7201428 17007107 56637363 4609664 52027699 2476912 2467041 2015997 2118037 2063476 11141463 240 60 2212 85 12259 14856 0 0 0 0 0 0 67793682 31898 0.76744 0.72473 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 71387492 4248915 13825605 1680071 3851054 120953 83809934 70175159 2423690 5592643 2551026 4135853 117121 71387492 85385679 3789901 -18892245 0 0 108176 70175159 0.13 0.77 0.1 0 0 1642000 0 1642000 10771635 0 382018 10389617 0 0 0 0 1153645 0 308507 845138 0 0 0 0 12876755 Contributions receivable remainder trusts 978911 Beneficial interests in perpetual trusts 8889783 Cash surrender value life insurance policies 394645 Miscellaneous personal property 629400 10892739 0 CGA liability 628641 Fair value interest rate swap 140726 769367 22899619 8822312 14077307 9876044 0 0 0 -779876 9096168 23173475 32595422 9876044 0 0 42485 9918529 22676893 222726 0 222726 22899619 9421947 0 0 0 822361 822361 8599586 222726 0 222726 8822312 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds are held according to donor restrictions to provide a perpetual source of intergenerational funding for scholarships, for program endowments, and for research endowments. Board designated endowments are a source of funding for the development operations and for the greatest needs of the university. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Gifts in kind transferred to the university and departments SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Cost of goods sold SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Gifts in kind transferred to university and departments 779,875 and Cost of goods 42,485 1 Scholarship assistance based on financial need and academic merit or similar qualification 1005 2228369 0 Merit award for scholarly research or other distinguished achievement 261 170958 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The organization maintains documentation on the individual funds and related criteria for eligibility for grants. The organization coordinates with university departments and units in accordance with fund guidelines to substantiate eligibility and authorization for grants and assistance. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr Ronald G Area 250010 0 0 0 7426 0 15001 0 13240 0 285677 0 280009 0 Mr R Scott Anderson 98868 0 0 0 120 0 5932 0 17236 0 122156 0 0 0 Mr Ed A Zimmerman 85366 0 0 0 1140 0 5122 0 13140 0 104768 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Social club dues and a limited amount of spousal travel are a part of the employment agreement for the CEO The County Commission of Cabell County WV Commercial Development Revenue Bond Series 2010 556000305 2010-12-21 9200000 Construction and furnishing of building 0 0 0 0 0 9200000 0 0 0 59200 0 0 9140800 0 0 2010 0 0 1 1 0 0 0 0 1 0 0 0 1 0 1 1 JPMorgan Chase Bank NA 20 0 0 0 0 0 X 2284 Est fair value X 11 173172 Quote X 1 133700 Appraisal X Equipment 1 126000 Estimated fair value X Life insurance CSV and premiums paid directly 1 17899 Cash value X Classroom furnishings 2 21501 Contract value X Tickets for sporting events 1 495140 Face value of tickets and passes X Musical Instruments 1 1250 Estimated value 1 0 1 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 was provided to the Board of Directors for review prior to filing F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Board annually surveys its members and reviews responses about any conflicts of interest F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 CEO compensation and performance are reviewed annually through the Human Resources committee in a process which includes surveys and a formal review F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents and policies are available on request Summary financial information is available on the organization annual report which is available on the website The audited financial report is available upon request F990_P11_S00_L05 Form 990, Part XI, Line 5 Plus unrealized gains 9876044 less gifts in kind transferred to university 779876 Marshall University Real Estate Foundation Inc 519 John Marshall Drive Huntington WV 25703 262912485 Receive real estate on behalf of Marshall University WV 501(c)(3) 509(a)(3) N/A Marshall University Alumni Assocation Inc One John Marshall Drive Huntington WV 25755 264778743 Alumni activities WV 501(c)(3) 509(a)(3) N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0