2011-03-11T11:27:43-06:00 2010-04-30 LARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2009-05-01 237094836 BETHEL UNIVERSITY FOUNDATION BETH 6516351000 3900 BETHEL DRIVE ST PAUL MN 55112 ANGELLA J HJELLE 6516351000 2011-03-11 1 6123764500 2009 2016-02-24 21:20:13Z ANGELLA J HJELLE 3900 BETHEL DRIVE ST PAUL MN 55112 1701341 0 X n/a X 1971 MN TO SUPPORT BETHEL UNIVERSITY AND SEMINARY. 17 16 0 16 0 0 929307 471300 0 24027 -46111 0 953334 425189 317811 100000 0 269811 274071 0 0 107143 119757 694765 493828 258569 -68639 15858458 18399948 9476117 10853552 6382341 7546396 TO PROVIDE FINANCIAL MANAGEMENT OF ENDOWMENT AND TRUST ACCOUNTS FOR BETHEL UNIVERSITY AND ITS CONSTITUENTS. 0 0 100000 100000 BETHEL UNIVERSITY FOUNDATION EXISTS FOR THE PURPOSE OF ENHANCING THE FINANCIAL STRENGTH OF BETHEL UNIVERSITY BY SUPPORTING ENDOWMENT GROWTH, FACILITATING MAJOR NONCASH GIFTS AND ENCOURAGING MAJOR GIFTS THROUGH ITS DEFERRED GIFT PROGRAM. IN ADDITION, THE FOUNDATION PROVIDES ACCOUNTING AND MANAGEMENT SERVICES TO BETHEL FOR BETHEL'S LONG-TERM INVESTMENTS. 100000 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 CA CJ 0 0 0 0 0 0 0 17 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MN X Charles J Stroud Controller 6516351002 1306 County Road F W ARDEN HILLS MN 55112 X Don Benson 1.00 X X 0 0 0 Ron Tschetter 1.00 X 0 0 0 Mark Orgel 1.00 X X 0 0 0 BILl Hargis 1.00 X X 0 0 0 Linda Goodwin 1.00 X X 0 0 0 Jay Barnes 1.00 X 0 183774 126034 Angella J Hjelle 40.00 X 0 104716 35579 Charles J Stroud 40.00 X 0 85420 30587 ROLLIE ANDERSON 1.00 X 0 0 0 WADE ANDERSON 1.00 X 0 0 0 Collin Barr 1.00 X 0 0 0 Alan Bergstrom 1.00 X 0 0 0 Chelsey Berstler 1.00 X 0 0 0 Bobbi Hersch 1.00 X 0 0 0 Kim Milbrandt 1.00 X 0 0 0 John Peterson 1.00 X 0 0 0 John Roise 1.00 X 0 0 0 David Sundet 1.00 X 0 0 0 Andrew Wyatt 1.00 X 0 0 0 0 373910 192200 0 0 1 0 0 361830 109470 471300 58836 58836 1171205 1276152 -104947 -104947 -104947 425189 0 0 -46111 100000 100000 194473 194473 79598 79598 520 520 16429 16429 16452 16452 41352 41352 560 560 28044 28044 5678 5678 7707 7707 2044 2044 971 971 493828 100000 393828 0 17532 27044 14119 18855 2855502 3620787 292500 270000 12678805 14463262 15858458 18399948 306 409 126512 132964 9349299 10720149 9476117 10853552 X 2682136 3528281 3013780 3301847 686425 716268 6382341 7546396 15858458 18399948 X 0 1 1 X 0 X 1504497 2254916 1205414 929307 471300 6365434 1504497 2254916 1205414 929307 471300 6365434 3634169 2731265 273037 458661 60926 59144 58836 910604 7276038 0.37540 0.34660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 TRUST ASSETS- MUTUAL FUNDS 14463262 14463262 OBLIGATIONS UNDER TRUST AND PCF AGREEMENTS 10445146 PAYABLE TO BETHEL UNIVERSITY 275003 10720149 425189 493828 -68639 922284 310410 1232694 1164055 1657883 922284 310410 1232694 425189 0 425189 493828 0 493828 0 493828 Part XI, Line 8 - Other Adjustments: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS: 310410. Part XII, Line 2d - Other Adjustments: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT: 310410. 1 BETHEL UNIVERSITY 3900 Bethel Drive ST PAUL MN 55112 410708577 501(C)(3) 100000 TO SUPPORT ITS CHARITABLE PURPOSES. 1 0 Other Information: Part IV: GRANTS MADE ARE IN SUPPORT OF THE RELATED ORGANIZATION, BETHEL UNIVERSITY. 0 0 0 0 0 0 0 0 0 Jay Barnes 0 183774 0 0 0 0 0 23638 0 102396 0 309808 0 0 Supplemental Information Part III BETHEL UNIVERSITY FOUNDATION does not compensate any individuals. THE ORGANIZATION RELIED ON BETHEL UNIVERSITY in setting the compensation for those individuals. BETHEL UNIVERSITY USED MULTIPLE METHODS TO ESTABLISH THE TOP MANAGEMENT OFFICIALS' COMPENSATION. Form 990, Part VI, Section A, line 1 the Executive Committee includes one member of the board who is not a staff member, together with the chairman, vice-chairman, executive director and the chairman of the investment committee. at least one member of the executive committee should be a member of the board of trustees of bethel university. the executive committee has power and authority between board meetings as are delegated to it by the board of trustees. Form 990, Part VI, Section B, line 11 The Audit Committee reviews and approves the PUBLIC INSPECTION COPY OF Form 990 before it is given to the board and filed with the IRS. Form 990, Part VI, Section B, line 12c THE ANNUAL DISCLOSURE FORM IS COMPLETED BY BOARD AND STAFF AS REQUIRED BY THE CONFLICT OF INTEREST POLICY. IF AN INDIVIDUAL BELIEVES SHE/HE HAS DETECTED A CONFLICT OF INTEREST SITUATION, THE ACTIVITY SHOULD BE DISCLOSED TO THE APPROPRIATE SUPERVISORY LEVEL ABOVE THE INDIVIDUAL INVOLVED IN THE POTENTIAL CONFLICT SITUATION. THE SUPERVISORY PERSONNEL SHOULD THEN DISCUSS THE SITUATION WITH THE INVOLVED INDIVIDUAL RECOMMENDING THE INDIVIDUAL COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE TO ASSIST IN DETERMINING THE NATURE OF THE SITUATION. IT SHOULD THEN BE DISCUSSED WITH THE APPROPRIATE PERSONS. Form 990, Part VI, Section C, line 19 ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART I, SUPPORT SERVICES FROM BETHEL UNIVERISTY Bethel UNIVERISTY provideD certain support services to the Foundation including providing office space and associated expenses at no cost. Employees of the Foundation also participate in Bethel's insurance and health benefit plans. These operating costs were paid by Bethel and have been reflected in support and revenue and operating expenses. The value of such services to the Foundation is $361,830 for Bethel's fiscal years ended May 31, 2010. Bethel University 3900 Bethel Drive ST PAUL MN 55112 410708577 EDUCATION MN 501(C)(3) 2 N/A BETHEL UNIVERSITY FOUNDATION POOLED COMMON FUND 3900 Bethel Drive ST PAUL MN 55112 411815788 INVESTMENT MN 501(c)(3) PF N/A Anderson Cameron & June UT #2 3900 Bethel Drive ST PAUL MN 55112 416415974 INVESTMENT MN N/A T Anderson Cameron & June UT #3 3900 Bethel Drive ST PAUL MN 55112 367237103 INVESTMENT MN N/A T Baker Harold I & Dorothy M UT 3900 Bethel Drive ST PAUL MN 55112 411635232 INVESTMENT MN N/A T Both Victor A & Mirian UT 3900 Bethel Drive ST PAUL MN 55112 686166619 INVESTMENT MN N/A T Brushaber Ralph E UT 3900 Bethel Drive ST PAUL MN 55112 416408022 INVESTMENT MN N/A T Carlsen Robert A UT 3900 Bethel Drive ST PAUL MN 55112 416275112 INVESTMENT MN N/A T Coulter Gordon W & Carol UT 3900 Bethel Drive ST PAUL MN 55112 416430150 INVESTMENT MN N/A T Dailey Harry D & Clara Louise UT #2 3900 Bethel Drive ST PAUL MN 55112 416384045 INVESTMENT MN N/A T Eastlund Valerie G UT 3900 Bethel Drive ST PAUL MN 55112 411867989 INVESTMENT MN N/A T Eastlund Warren E UT 3900 Bethel Drive ST PAUL MN 55112 411867981 INVESTMENT MN N/A T Eastlund Warren E & Valerie G UT 3900 Bethel Drive ST PAUL MN 55112 416378706 INVESTMENT MN N/A T Erickson John CRUT 3900 Bethel Drive ST PAUL MN 55112 207241588 INVESTMENT MN N/A T Erickson John CRUT #2 3900 Bethel Drive ST PAUL MN 55112 266743121 INVESTMENT MN N/A T Ericsson Kermit C & Eunice M UT 3900 Bethel Drive ST PAUL MN 55112 416346251 INVESTMENT MN N/A T Getsch Marjorie Dye UT 3900 Bethel Drive ST PAUL MN 55112 411335755 INVESTMENT MN N/A T Getsch William C UT 3900 Bethel Drive ST PAUL MN 55112 411335757 INVESTMENT MN N/A T Grunewald John H & Janice M UT 3900 Bethel Drive ST PAUL MN 55112 416374554 INVESTMENT MN N/A T Goodwin Norman CRUT 3900 Bethel Drive ST PAUL MN 55112 266790098 INVESTMENT MN N/A T Hanson Berneil W UT 3900 Bethel Drive ST PAUL MN 55112 411886352 INVESTMENT MN N/A T Hardle Betty R UT 3900 Bethel Drive ST PAUL MN 55112 416277858 INVESTMENT MN N/A T Holden Hal UT 3900 Bethel Drive ST PAUL MN 55112 237212893 INVESTMENT MN N/A T Holman Ralph T UT 3900 Bethel Drive ST PAUL MN 55112 411916694 INVESTMENT MN N/A T Johnson Eugene D & Kathleen J UT 3900 Bethel Drive ST PAUL MN 55112 416422308 INVESTMENT MN N/A T Johnson George W & Shirley V UT 3900 Bethel Drive ST PAUL MN 55112 416422310 INVESTMENT MN N/A T Johnson Gordon G & Alta B UT 3900 Bethel Drive ST PAUL MN 55112 416377229 INVESTMENT MN N/A T Lindahl Ardith M UT 3900 Bethel Drive ST PAUL MN 55112 411886354 INVESTMENT MN N/A T Lundberg Paul & Emily CRUT 3900 Bethel Drive ST PAUL MN 55112 371536512 INVESTMENT MN N/A T Magnuson Raymond C & Marie Ann UT 3900 Bethel Drive ST PAUL MN 55112 416418143 INVESTMENT MN N/A T Magnuson Vernon & Mabel CRUT 3900 Bethel Drive ST PAUL MN 55112 836051301 INVESTMENT MN N/A T Magnuson Warren & Margaret CRUT 3900 Bethel Drive ST PAUL MN 55112 416472467 INVESTMENT MN N/A T Mickelson Alvera UT 3900 Bethel Drive ST PAUL MN 55112 411700642 INVESTMENT MN N/A T Moberg David O UT 3900 Bethel Drive ST PAUL MN 55112 411946672 INVESTMENT MN N/A T Monson David E & Mary Jo UT 3900 Bethel Drive ST PAUL MN 55112 416450919 INVESTMENT MN N/A T Monson Mary Jo CRUT 3900 Bethel Drive ST PAUL MN 55112 266310440 INVESTMENT MN N/A T Nelson Hilmer UT #1 3900 Bethel Drive ST PAUL MN 55112 411371344 INVESTMENT MN N/A T Nelson Hilmer UT #2 3900 Bethel Drive ST PAUL MN 55112 416284965 INVESTMENT MN N/A T Nickel Harlan J UT 3900 Bethel Drive ST PAUL MN 55112 411670154 INVESTMENT MN N/A T Olson Eugene R UT #3 3900 Bethel Drive ST PAUL MN 55112 416422307 INVESTMENT MN N/A T Olson Eugene R UT #4 3900 Bethel Drive ST PAUL MN 55112 400002864 INVESTMENT MN N/A T Olson Leona F UT#1 3900 Bethel Drive ST PAUL MN 55112 416460504 INVESTMENT MN N/A T Olson Leona F UT#2 3900 Bethel Drive ST PAUL MN 55112 416460505 INVESTMENT MN N/A T Olson Paul & Pamela UT 3900 Bethel Drive ST PAUL MN 55112 416485179 INVESTMENT MN N/A T Perkins Larry & Linda UT 3900 Bethel Drive ST PAUL MN 55112 416397655 INVESTMENT MN N/A T Peterson John & Arlene UT 3900 Bethel Drive ST PAUL MN 55112 416483802 INVESTMENT MN N/A T Port Wilbert UT 3900 Bethel Drive ST PAUL MN 55112 816108987 INVESTMENT MN N/A T Wilson Lois E UT 3900 Bethel Drive ST PAUL MN 55112 411683328 INVESTMENT MN N/A T Holman Ralph Revocable Trust 3900 Bethel Drive ST PAUL MN 55112 416414519 INVESTMENT MN N/A T Eastlund Lead Annuity Trust 3900 Bethel Drive ST PAUL MN 55112 416497881 INVESTMENT MN N/A T Holman Ralph Annuity Trust #1 3900 Bethel Drive ST PAUL MN 55112 411900236 INVESTMENT MN N/A T Holman Ralph Annuity Trust #2 3900 Bethel Drive ST PAUL MN 55112 411902960 INVESTMENT MN N/A T Johnson Family Trust 3900 Bethel Drive ST PAUL MN 55112 436884893 INVESTMENT MN N/A T Keller Kayla Irrevocable Trust 3900 Bethel Drive ST PAUL MN 55112 466123259 INVESTMENT MN N/A T 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0