2011-02-11T15:18:58-06:00 2010-06-30 WILLIAMS OVERMAN PIERCE LLP PO BOX 31823 RALEIGH NC 276221823 990 2009-07-01 566035544 NORTH CAROLINA STATE UNIVERSITY ALUMNI ASSOCIATION INC NORT 9195137149 NCSU BOX 7207 RALEIGH NC 27695 TAYLOR JEFFREYS 9195137149 2011-02-11 1 Gwen Vass 9197823444 2011-02-11 X 2009 2016-02-24 21:20:13Z TAYLOR JEFFREYS ncsu box 7207 raleigh NC 27695 4904197 0 X www.alumni.ncsu.edu X 1952 NC To promote alumni affairs and to promote awareness of NC state university in the community 27 24 0 20 89286 -98695 2670529 2576159 0 -3219395 273623 1553159 1359812 1004293 4209594 575096 352323 0 992938 887236 0 83755 3595033 2919633 5163067 4159192 -4158774 50402 25190881 25976707 7368298 6329152 17822583 19647555 To promote Alumni affairs and to promote awareness of NC state university in the community 0 0 3886374 352323 NCSU Alumni Association publishes an alumni magazine, serves as an organizer for alumni functions, awards scholarships and promotes awareness of NCSU in the community 3886374 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 4 0 1 0 1 1 0 0 0 0 0 0 0 0 27 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X TAYLOR JEFFREYS 9195137149 ncsu box 7207 raleigh NC 27695 X DENNIS HOWARD 1.00 X X 0 0 0 JUDI GRAINGER 1.00 X X 0 0 0 ROBERT BARNHARDT 1.00 X X 0 0 0 A LYNN DANIEL 1.00 X 0 0 0 KEVIN HOWELL 1.00 X X 0 166459 19125 JAY DAWKINS 1.00 X 0 0 0 JERRY J COLLIER 1.00 X 0 0 0 PAMELA G JONES 1.00 X 0 0 0 PERRY SAFRAN 1.00 X 0 0 0 STEVE F WARREN 1.00 X 0 0 0 RON BROWN 1.00 X 0 0 0 EMORY PITTS 1.00 X 0 0 0 NORRIS TOLSON 1.00 X 0 0 0 GARY UPCHURCH 1.00 X 0 0 0 GEORGE WORSLEY 1.00 X 0 0 0 LARRY D BARBOUR 1.00 X 0 0 0 R KELLY BARNHILL 1.00 X 0 0 0 MARCUS BELVIN 1.00 X 0 0 0 MARK FLEMING 1.00 X 0 0 0 BILL HOBBS 1.00 X 0 0 0 TRACY W KIMBRELL 1.00 X 0 0 0 JIMMY D CLARK 1.00 X 0 0 0 RICHARD CURTIS 1.00 X 0 0 0 BRENDA K FLORY 1.00 X 0 0 0 BOBBY PURCELL 1.00 X 0 338898 184551 PAUL RIDGEWAY 1.00 X 0 0 0 LALLA SIDBURY 1.00 X 0 0 0 DAVID WHITE EX-OFFICIO 1.00 X 0 0 0 NEVIN KESSLER EX-OFFICI 1.00 X 0 288750 21318 DANIEL GUNTER III 1.00 X 0 0 0 EDDIE WATKINS 1.00 X 0 0 0 TAYLOR JEFFREYS 1.00 X 0 0 0 BETTY BYRUM 1.00 X 0 0 0 BENNY SUGGS 1.00 X 0 0 0 0 794107 224994 0 0 1 0 progress printing 2677 waterlick rd lynchburg VA 245024861 printing & binding 180170 1 609938 1966221 155804 2576159 92300 92300 815170 815170 875926 694603 181323 181323 181323 alumni & other program 611710 294141 294141 nc state club 611710 106734 106734 Advertising 541800 89286 89286 54481 54481 544642 4209594 0 89286 1544149 352323 352323 706903 706903 67275 67275 62377 62377 50681 50681 43679 43679 50055 50055 8635 8635 50712 46355 4357 73042 63840 9202 374670 374670 64397 40009 24388 Service Agreements 1622944 1580320 39275 3349 Printing 222490 219916 2574 Investment Management F 106109 106109 Other Contract Services 81843 81843 Supplies 76754 71219 5535 144303 109953 34350 4159192 3886374 189063 83755 114108 121463 1197911 393018 2918387 2512280 56035 32045 2330219 1188942 1522421 1141277 18604878 21001236 777141 775388 25190881 25976707 54910 32861 6086442 5506130 450000 776946 790161 7368298 6329152 X 2592627 2401257 1186483 2910091 14043473 14336207 17822583 19647555 25190881 25976707 X 0 1 1 X 0 X 5909889 3434174 6303235 2670529 2576159 20893986 5909889 3434174 6303235 2670529 2576159 20893986 581822 20312164 337333 947594 616263 63680 92300 2057170 1292895 1005847 1379712 1429496 1270526 6378476 29329632 0.69250 0.62780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18604878 847986 2384235 835863 21001236 26706878 217600 -6348391 1971209 18604878 0.19000 0.68000 0.13000 0 0 824183 510535 313648 1506036 678407 827629 1141277 nc state investment fund, inc 20045403 F bny mellon-trusts 955833 F 21001236 life income funds payable 702810 Due to NC state 87351 790161 4209594 4159192 50402 1774570 1774570 1824972 6071815 1956720 186000 13193 2155913 3915902 106109 187583 293692 4209594 4239083 186000 186000 4053083 106109 106109 4159192 Part XI, Line 8 - Other Adjustments: Unrealized depreciation in marketable securities: 1956720. Increase in cash surrender value of life insurance: 13193. Decrease in value of split interest agreement: -171728. decrease in value of charitable lead trust: -15855. transfers to nc state university: -7760. Part XII, Line 2d - Other Adjustments: INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE: 13193. Part XII, Line 4b - Other Adjustments: DECREASE IN VALUE OF SPLIT INTEREST: 171728. DECREASE IN VALUE OF CHARITABLE LEAD TRUST: 15855. 1 north carolina state university ncsu box 7207 raleigh NC 27695 566000756 501(c)(3) 352323 book value n/a scholarships, faculty support, departmental support and facility support 1 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Grants represent reimbursement of scholarship expenses processed through the University's accounting systems, and are subject to University and State of North Carolina guidelines, in addition to any restrictions placed directly by donors. 0 0 0 0 0 0 0 0 0 KEVIN HOWELL 0 166459 0 0 0 0 0 14565 0 4560 0 185584 0 0 BOBBY PURCELL 0 235957 0 58365 0 44576 0 156211 0 28340 0 523449 0 0 NEVIN KESSLER EX-OFFICIO 0 288750 0 0 0 0 0 16758 0 4560 0 310068 0 0 Supplemental Information Part III The board members that are compensated receive compensation from NC State University, a 501(C)(3) organization related to North Carolina State University Alumni Association X 1 103327 FAIR MARKET VALUE X 1 52477 APPRAISAL 0 0 0 Method for Determining Number of Contributors: Part I, Column (b): REAL ESTATE WAS GIFTED TO A FLIP CRUT OWNED BY NCSU FOUNDATION, A RELATED 501(C)(3) ORGANIZATION. NORTH CAROLINA STATE UNIVERSITY ALUMNI ASSOCIATION IS ONE OF THREE BENEFICIARIES OF THE CRUT. Form 990, Part VI, Section B, line 11 Prior to the filing, the draft 990 is distributed to the Audit & Investment Committee of the Board for their review and acceptance. The Audit & Investment Committee then communicates the acceptance of the 990 to the full Board. Before the return is filed, an electronic copy of the 990 is made available to each Board member for review. Form 990, Part VI, Section B, line 12c At the beginning of each Board meeting, the President of the Board reads the following ethics policy: " As Chair of the Alumni Association, it is my responsibility to remind all members of the Committee of their duty under the State Government Ethics Act to avoid conflicts of interest and appearances of conflict of interest as required by this Act. Each member has received the agenda and related information for this meeting. If any member knows of any conflict of interest or appearance of conflict with respect to any matter coming before the Alumni Association at this meeting, the conflict or appearance of conflict should be identified at this time." If a conflict is identified, the member who has the conflict should recuse himself or herself from any discussion or consideration of the agenda item. Recusal means leaving the room and not participating in any discussion or consideration of the agenda item. The Board Chair should see that this occurs before any discussion of the item presenting the conflict or appearance of conflict takes place. Form 990, Part VI, Section B, line 15 THE BOARD OF DIRECTORS AND OFFICERS OF NORTH CAROLINA STATE UNIVERSITY ALUMNI ASSOCIATION THAT DO RECEIVE COMPENSATION ARE COMPENSATED BY NC STATE UNIVERSITY, A 501(C)(3) ORGANIZATION RELATED TO NORTH CAROLINA STATE UNIVERSITY ALUMNI ASSOCIATION. NC STATE UNIVERSITY SETS THE COMPENSATION OF THESE EMPLOYEES BY ACQUIRING COMPARABILITY DATA WHICH IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. Form 990, Part VI, Section C, line 19 The 990 is listed on the website and available through guidestar. The audited financial statements are available on the website: http://www.fis.ncsu.edu/foundations_accounting/foundations/alumni.asp Any minutes are available upon request. nc state university foundation inc ncsu box 7207 raleigh NC 27695 566049503 support organization of nc state university NC 501(c)(3) 170(b)(1)(a)(iv) N/A nc state investment fund inc ncsu box 7207 raleigh NC 27695 311607634 invest funds of the nc state university and other related organizations NC 501(c)(3) 509(a)(3) N/A NC State University Ncsu box 7207 Raleigh NC 27695 566000756 Education NC 501(c)(3) 170(b)(1)(a)(ii) N/A NC State Alumni Club Inc 2450 Alumni Drive Raleigh NC 27606 204145790 Provides dining facility for NCSU Alumni and staff NC 501(c)(7) N/A NCSU Student Aid Association PO Box 37100 Raleigh NC 27627 560650623 Provides financial support for athletic scholarships NC 501(c)(3) 170(b)(1)(a)(iv) N/A 0 1 0 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 nc state investment fund inc Q 1317629 nc state investment fund inc R 687253 NC STATE UNIVERSITY B 352323 NC STATE UNIVERSITY E 67967