2012-11-12T09:16:24-06:00 2012-06-30 371335003 Eck Schafer & Punke LLP 600 East Adams Springfield IL 627011624 990 2011-07-01 376046814 Western Illinois University Foundation WEST 3092981861 1 University Circle Sherman Hall No 303 Macomb IL 614551390 James Lodico 3092981861 2012-11-06 1 Brent Leach P00331592 2175251111 2011 2016-02-24 21:20:13Z James Lodico 1 University Circle Sherman Hall No 303 Macomb IL 614551390 9053178 0 X www.wiu.edu/foundation X 1946 IL The mission of the WIU Foundation is to maximize private support for Western Illinois University to assist in advancing its core values of academic excellence, educational opportunity, personal growth, and social responsibility. Private support enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service.Private assistance is sought and administered with the primary objective of serving purposes other than those for which the State of Illinois makes sufficient appropriations.These contributions, when added to State resources, add an extra dimension by supporting programs that might not otherwise be possible. Such generosity enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service. 32 32 0 375 203834 225927 7973507 6581823 0 0 1309092 1375859 1061769 900140 10344368 8857822 2327194 2454964 0 0 0 0 0 0 171829 3460656 3999217 5787850 6454181 4556518 2403641 45107605 46217207 566899 672619 44540706 45544588 X Our mission is to maximize private support for Western Illinois University to assist in advancing its core values of academic excellence, educational opportunity, personal growth, and social responsibility. Private support enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service. 0 0 2454964 2454964 Approximately, 2087 scholarships and awards were distributed during the year. Grant totals: Scholarships: $2,117,606; Faculty awards and grants $27,102; Education: $310,256 TOTAL: $2,454,964. 3618481 University: Provided financial support to departments, instructions, research, special projects, and other designated areas to enhance a variety of university programs. 6073445 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 63 1 1 0 1 1 0 0 0 1 1 0 0 0 0 X 32 32 1 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 IL X X WIU Foundation Office 3092981861 1 University Circle Sherman Hall Macomb IL 614551390 Todd V Lester 0.60 X X 0 0 0 James S Lodico 0.50 X X 0 0 0 Marlin L France 0.40 X X 0 0 0 John D McMillan 0.50 X X 0 0 0 Quinton D Baily 0.10 X 0 0 0 Larry T Balsamo 0.10 X 0 0 0 Robert K Baumann 0.10 X 0 0 0 Alfred D Boyer 0.10 X 0 0 0 Philip E Bradshaw 0.10 X 0 0 0 Patrick J Burke 0.10 X 0 0 0 Arthur D Chown 0.40 X 0 0 0 Donald H Dexter 0.10 X 0 0 0 Donald W Dieke 0.10 X 0 0 0 Lorraine Epperson 0.10 X 0 0 0 Nicholas H Estes 0.10 X 0 0 0 James R Garner 0.10 X 0 0 0 Charles C Gilbert 0.50 X 0 0 0 John E Hallwas 0.10 X 0 0 0 William W Hamman 0.10 X 0 0 0 Franklin M Hartzell 0.10 X 0 0 0 Burnell A Heinecke 0.10 X 0 0 0 Karen B Henderson 0.10 X 0 0 0 Lawrence J Horvath 0.10 X 0 0 0 Laura J Janus 0.10 X 0 0 0 Steven J McCann 0.10 X 0 0 0 J Dixson McRaven 0.10 X 0 0 0 David L Miller 0.10 X 0 0 0 Richard P Miller 0.10 X 0 0 0 John C Shanklin 0.10 X 0 0 0 F Eugene Strode 0.10 X 0 0 0 Ron G Peterson 0.10 X 0 0 0 Cathy Early 0.10 X 0 0 0 Bradley L Bainter 37.50 X 0 132362 19076 Holly Fecht 37.50 X 0 42994 18805 0 175356 37881 0 0 1 0 0 49909 60000 6471914 3476523 6581823 1372094 1372094 142267 142267 3765 0 3765 3765 3765 282371 49909 195356 87015 87015 Other income 900099 467024 467024 Farm income 111000 203834 203834 670858 8857822 470789 203834 1601376 337358 337358 2117606 2117606 881 80 801 37900 37900 115265 115265 67581 63643 2035 1903 453631 410584 6972 36075 176986 176986 33878 33878 31524 15399 16125 Other contractual servi 1363804 1259188 23026 81590 Equipment purchases/rem 1017790 1017536 254 Catering & food supplie 238280 215218 5150 17912 Cost of sales 204294 204282 12 257403 221687 1367 34349 6454181 6073445 208907 171829 3540099 3096836 4883383 1725374 25006 50933 0 28445 34580 80680 4140104 1140104 4140104 32251930 33733758 3232503 3361077 45107605 46217207 81628 103043 118085 121379 367186 448197 566899 672619 X 16998452 14956375 8965685 13124112 18576569 17464101 44540706 45544588 45107605 46217207 X 2403641 -1399759 X 0 1 1 X 0 X 5035731 4807660 7423837 7973507 6581823 31822558 643483 687034 756437 561056 3476523 6124533 5679214 5494694 8180274 8534563 10058346 37947091 37947091 10397049 1732920 1208946 1450753 1514361 16304029 42073 45013 -1492 115216 203834 404644 1155237 117411 427558 680694 467025 2847925 57503689 1924098 0.65990 0.63120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 1 1 27875809 1792500 -33652 0 1178032 33900 28422725 23047720 888665 4239207 261779 38004 27875809 20449241 1344890 2191143 555003 335833 46718 23047720 24857237 509999 -3434073 522905 923068 37948 20449242 0.36740 0.63260 0.00000 0 0 4140104 4140104 4140104 U.S. Treasury Notes 379965 F U.S. Treasury Bonds 111389 F U.S. Agency Obligations 491323 F Corporate Debt Obligations 2121190 F Corporate Equity Securities 34045 F International Equity Securities 1734793 F Cash Equivalents held in Investment Pools 940136 F Absolute Return Funds 5033439 F Open-ended Mutual Funds 5685708 F Private Equity 1459107 F Real Estate Exchange Traded Fund 1831244 F Equity Mutual Funds 6201249 F Municipal Bonds 424366 F Real Assets Tax-Exempt 1269108 F Mutual Funds, International Equity 4564101 F Mutual Funds, International Debt 1452595 F 33733758 Other receivables 231898 Due from WIU 4113 Charitable remainder trusts 2478421 Cash Surrender value of life insurance policies 646645 3361077 Annuities payable 256011 Due to WIU 150456 Charitable remainder trust distributions payable 41730 448197 8857822 6454181 2403641 -1485975 86216 -1399759 1003882 7653419 -1485975 281572 -1204403 8857822 0 8857822 6649537 195356 195356 6454181 0 6454181 Part XI, Line 8 - Other Adjustments: Change in surrender value of life insurance 10,615. Change in value of charitable remainder trust 75,601. Total to Schedule D, Part XI, Line 8: 86,216. Part XII, Line 2d - Other Adjustments: Change in surrender value of life insurance 10,615. Special event expenses 195,356. Change in value of charitable remainder trusts 75,601. Part XIII, Line 2d - Other Adjustments: Special event expenses 195,356. Both quasi and true endowments funds are used to provide scholarship support, supplies support, travel abroad support, and various other forms of educational support for students and teachers at Western Illinois University. The majority of endowments provide scholarship support to students. WAC Gala 117768 17741 100027 0 12231 51862 Champaign on Rocks 67889 16193 51696 257 5192 29806 5 146623 15975 130648 8496 17814 69698 332280 49909 282371 8753 35237 151366 195356 87015 1 Western Illinois University 1 University Circle Macomb IL 61455 370910458 337358 FMV WIU faculty awards and grants, education 1 WIU Student Scholarships 2087 2117606 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Grants to individuals are in the form of scholarships. The Foundation applies those directly to student accounts to be applied to appropriate expenses. Grants made to Western Illinois University are monitored by Western Illinois University's internal audit department for compliance with state regulations. In addition, all expenditures require proper approval. X X 1 1 X 0 0 0 0 0 0 0 0 0 Bradley L Bainter 0 132362 0 0 0 0 0 11583 0 7493 0 151438 0 0 X 60 199147 Fair market value X 48210 Fair market value X 20009 Fair market value X 8106 232574 Fair market value X 94 33430 Fair market value X 133 28913 Fair market value X Computer Equipment 1 15000 Fair market value X Gift Certificate 155 32827 Fair market value X Equipment 23 51171 Fair market value X Other 105 86508 Fair market value 0 0 0 Form 990, Part VI, Section A, line 2 John McMillan (Board Director) is the husband of Cathy McMillan (Non-voting, Ex-Officio Director). Meredith Berg (Hancks) (Non-voting Ex-Officio Director) is the wife of Jeffrey Hancks (Non-voting Ex-Officio Director). Amy Spelman (Non-Voting Ex-Officio Director) is the wife of Bradley Bainter (Non-Voting Ex-Officio Director). John McMillan (Board Director-Professional) and Doug March (Non-Voting Ex-Officio Director) are each lawyers and partial owners in the law firm of March, McMillan, DeJoode, and DuVall. Form 990, Part VI, Section B, line 11 Foundation accountants provide documentation to the tax preparer to prepare the 990 form, including answers to "yes/no" questions. The tax preparer uses all information to prepare the 990. After the 990 is prepared, the accountants in the foundation review the return for any discrepancies. Once all discrepancies have been addressed with the tax preparer, the return is taken to the board (at minimum the executive committee) for review and comment. If no problems are noted, the return is ready for signing and processing. Form 990, Part VI, Section B, line 12c The board of directors discloses conflicts of interest annually. Form 990, Part VI, Section B, line 15 Employees of the Western Illinois University Foundation are paid by Western Illinois University (a related organization and governmental entity). Western Illinois University establishes all hiring procedures and pay policies for employees of the Western Illinois University Foundation. When employees are recruited, an Administrative Compensation Survey conducted by the College and University Processional Association from Human Resources (CUPA-HR) is used to get a salary range. However, the actual offer is based on an individual's qualifications. A search committee comprised of employees from various areas with various backgrounds is used during employee searches. Form 990, Part VI, Section C, line 19 990 Tax Forms from 2007 through the present are available at www.guidestar.com. Membership to Guide Star is free, and anyone wishes to see our tax forms are encouraged to visit this Website. Forms are also available by request to individuals who contact the Foundation office directly. The Foundation's audit report is also available on our Website through a link that will take you to our report, which is loaded on the Illinois Auditor General's Website. Contact Addresses for Officers, Directors, Etc Form 990, Part VII Todd V. Lester - 127 S. Side Square, Macomb, IL 61455. James S. Lodico - 415 Ridge Drive, Geneseo, IL 61254. Marlin L. France - 821 South Pearl, Macomb, IL 61455. John D. McMillan - P.O. Box 443, Macomb, IL 61455. Quinton D. Baily - 309 E. Co. Hwy. 3, Table Grove, IL 61482. Robert K. Baumann - 2540 N 1800 Rd, Blandinsville, IL 61420. Alfred D. Boyer - 542 The Strand, Hermosa Beach, CA 90254. Philip E. Bradshaw - 29497 410th Street, Griggsville, IL 62340. Patrick J. Burke - 201 W. Carroll, Macomb, IL 61455. Arthur D. Chown - 108 Kurlene Drive, Macomb, IL 61455-1008. Donald H. Dexter - 1601 Tower Road, Macomb, IL 61455. Donald W. Dieke - 601 East Jefferson, Macomb, IL 61455. Lorraine Epperson - 119 North Randolph, Macomb, IL 61455. Nicholas H. Estes - P.O. Box 503, Macomb, IL 61455. James R. Garner - 1103 Hawthorn Ridge, Macomb, IL 61455. Charles C. Gilbert - P.O. Box 447, Nauvoo, IL 62354. John E. Hallwas - 404 S. Edwards, Macomb, IL 61455. William W. Hamman - 102 Amberwood Drive, Longwood, FL 32779-2143. Burnell A. Heinecke - 1604 Lowell Avenue, Springfield, IL 62704. Karen B. Henderson - 9520 N. 990th Road, Macomb, IL 61455. Lawrence J. Horvath - 401 N. Hershey Road, Bloomington, IL 61702. Laura J. Janus - 1 North Wacker Drive, Suite 700, Chicago, IL 60606-2813. Steven J. McCann - McGladrey & Pullen, LLP, 201 N. Harrison, Ste. 300, Davenport, IA 52801-1999. J. Dixson McRaven - 702 East Franklin, Macomb, IL 61455. David L. Miller - 505 East Grant, Suite 103, Macomb, IL 61455. Richard P. Miller - 16 Alder Court, Bloomington, IL 61704. John C. Shanklin - 348 West Hurst, Bushnell, IL 61422. F. Eugene Strode - R.R. 1 Box 66A, Frederick, IL 62639. Ron G Peterson - P.O. Box 507 (128 E Main), La Harpe, IL 61450. Cathy Early - 1221 West Jackson, Macomb, IL 61455. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -1,485,975. Change in surrender value of life insurance 10,615. Change in value of charitable remainder trust 75,601. Total to Form 990, Part XI, Line 5: -1,399,759. Western Illinois University 1 University Circle Macomb IL 61455 370910458 Education IL 115a N/A 0 0 0 1 0 0 1 0 0 0 0 1 0 1 1 1 0 1 0