2011-11-08T13:10:48-06:00 2011-06-30 DEAN DORTON ALLEN FORD PLLC 106 W VINE STREET SUITE 600 LEXINGTON KY 40507 990 2010-07-01 237116528 NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC NORT 8595725126 LUCAS ADMINISTRATIVE CENTER NO 221 HIGHLAND HEIGHTS KY 41099 KAREN ZERHUSEN KRUER 8595725126 2011-11-07 1 LEIGH MCKEE 8592552341 2010 2016-02-24 21:20:13Z KAREN ZERHUSEN KRUER LUCAS ADMINISTRATIVE CENTER NO 221 HIGHLAND HEIGHTS KY 41099 7614279 0 X HTTP://FOUNDATION.NKU.EDU X 1970 KY SUPPORT NORTHERN KENTUCKY UNIVERSITY THROUGH PROVISION OF SCHOLARSHIPS, FINANCIAL AID AND OTHER SUPPORT PROGRAMS 56 56 0 56 -1126 -1126 4418390 3367195 0 0 1289901 1469053 608403 250288 6316694 5086536 0 7368515 0 0 0 0 0 0 67268 4762635 2901739 4762635 10270254 1554059 -5183718 86244221 88275223 15256454 14306758 70987767 73968465 X THE NORTHERN KENTUCKY UNIVERSITY FOUNDATION IS AN INDEPENDENT, NON-PROFIT, TAX-EXEMPT PUBLIC CHARITY INCORPORATED IN KENTUCKY UNDER KENTUCKY REVISED STATUTE 273 AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE THAT EXISTS SOLELY TO RECEIVE AND MANAGE PRIVATE GIFTS FOR THE ADVANCEMENT AND BENEFIT OF NORTHERN KENTUCKY UNIVERSITY. 0 0 1160981 9960 STUDENT FINANCIAL AID 1148642 34296 PUBLIC SERVICE 6343620 31553 UNIVERSITY FACILITIES & EQUIPMENT ACQUISITION 286583 INSTITUTIONAL SUPPORT 326978 3394 ACADEMIC SUPPORT 20047 2313 LIBRARIES 222874 35294 STUDENT SERVICES 402592 7198 INSTRUCTION 12418 RESEARCH 1271492 48199 9924735 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 58 0 1 0 0 1 CJ 0 0 0 0 0 0 0 0 X 56 56 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X JOHN BAILEY 8595726457 FH 132 NUNN DRIVE HIGHLAND HEIGHTS KY 41099 X CHARLES ALEXANDER 0.50 X 0 0 0 J DAVID BENDER 2.00 X 0 0 0 CHAD A BILZ 0.50 X 0 0 0 OLIVIA BIRKENHAUER 0.50 X 0 0 0 RICHARD A BOEHNE 0.50 X 0 0 0 LEON E BOOTHE 0.50 X 0 0 0 CHUCK BROWN 0.50 X 0 0 0 JAME P CALLAHAN 0.50 X 0 0 0 CHRIS CARLE 0.50 X 0 0 0 PAUL W CHELLGREN 0.50 X 0 0 0 KARA CLARK 1.00 X 0 0 0 SUSAN K COOK 0.50 X 0 0 0 ROBERT N ELLISTON 0.50 X 0 0 0 ERIC A ERNST 0.50 X 0 0 0 EVA G FARRIS 0.50 X 0 0 0 ROBERT R FITZPATRICK 0.50 X 0 0 0 JUDITH H GIBBONS 10.00 X 0 0 0 PAUL A GIBSON 0.50 X 0 0 0 DANIEL R GRONECK 2.00 X 0 0 0 MARK D GUILFOYLE 0.50 X 0 0 0 KENNETH F HARPER 0.50 X 0 0 0 JAKKI HAUSSLER 0.50 X 0 0 0 DENNIS R HONABACH 0.50 X 0 0 0 JASON O JACKMAN 0.50 X 0 0 0 LILLIAN JONES 0.50 X 0 0 0 DIANE STICKLEN JORDAN 0.50 X 0 0 0 BARRY G KIENZLE 2.00 X 0 0 0 BRYSON T LAIR 0.50 X 0 0 0 DARRELL L LINK 0.50 X 0 0 0 JOHN M LUCAS 0.50 X 0 0 0 FRED A MACKE JR 0.50 X 0 0 0 TERRY L MANN 0.50 X 0 0 0 ROGER C MEADE 0.50 X 0 0 0 KAREN D MEYERS 0.50 X 0 0 0 GARY W MOORE 0.50 X 0 0 0 RICHARD L MURGATROYD 0.50 X 0 0 0 ANDREW C NEAGLE 0.50 X 0 0 0 KRISTI P NELSON 0.50 X 0 0 0 P STEVEN PENDERY 0.50 X 0 0 0 JAMES R POSTON JR 0.50 X 0 0 0 GREGORY K RHOADS 0.50 X 0 0 0 THOMAS R SAELINGER 0.50 X 0 0 0 KEVIN M SHEEHAN 1.00 X 0 0 0 GREGORY S SHUMATE 0.50 X 0 0 0 NATHAN G SMITH 0.50 X 0 0 0 GERARD A ST AMAND 2.00 X 0 0 0 CHRISTOPHER STURM 0.50 X 0 0 0 HENRY L STEPHENS 0.50 X 0 0 0 STEVE STEVENS 0.50 X 0 0 0 T CRAIG TRUE 0.50 X 0 0 0 WILLIAM C VERMILLION 2.00 X 0 0 0 JAMES C VOTRUBA 0.50 X 0 0 0 RHONDA WHITAKER 0.50 X 0 0 0 BRENDA L WILSON 0.50 X 0 0 0 JOHN WINKLER 0.50 X 0 0 0 DENNIS REPENNING 0.50 X 0 0 0 KAREN A ZERHUSEN KRUER JD 40.00 X 0 0 0 0 0 0 0 0 0 0 0 60657 3306538 13869 3367195 1406736 1406736 85409 85409 116265 37877 78388 78388 78388 246594 2200000 26094 2358183 220500 -158183 62317 62317 68296 60657 105589 -37293 -37293 902 902 902 MISCELLANEOUS REVENUE 900099 72808 72808 EVENT TICKET SALES 900099 28669 28669 ADMINISTRATIVE FEE 900099 22531 22531 -1126 -1126 122882 5086536 124008 -1126 1596459 7368515 7368515 2856 2856 17925 17925 104446 104446 192893 183910 1845 7138 6190 5140 1050 79761 65925 12882 954 2397 2397 251324 244372 6902 50 137350 126114 11236 63815 63815 SCHOLARSHIPS FOR NKU 1031116 1031116 MEALS AND ENTERTAINMENT 275521 242580 4769 28172 OTHER EXPENSE 122845 99449 7653 15743 REPAIRS AND MAINTENANCE 119655 49022 70633 MANAGEMENT AND GENERAL 106325 106325 387320 336055 37104 14161 10270254 9924735 278251 67268 10744160 4450363 18014068 10234348 151081 57753 51647 537851 196180 2700188 341671 54551971 72862246 25000 334948 86244221 88275223 419986 411533 25363 26141 5877824 3085338 8933281 10783746 15256454 14306758 X 2415990 2736688 29637930 31949930 38933847 39281847 70987767 73968465 86244221 88275223 X -5183718 8164416 X X 0 1 1 X 0 X 7391495 6468765 22335455 4418390 3367195 43981300 7391495 6468765 22335455 4418390 3367195 43981300 43981300 701114 992444 846177 873128 1469053 4881916 685182 713561 565939 608403 250288 2823373 51686589 0.85090 0.84860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47566000 3256000 9954000 1444000 59332000 41237000 2848000 5185000 1704000 47566000 41540000 6825000 -5789000 1339000 41237000 0.34080 0.56920 0.09000 0 0 329823 329823 208028 196180 11848 341671 ANNUITIES PAYABLE 254820 FUNDS HELD IN TRUST FOR NORTHERN KENTUCKY UNIVERSITY 10528926 10783746 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: PRIMARILY TO BE USED FOR STUDENT FINANCIAL AID AND SCHOLARSHIPS DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION HAS EVALUATED TAX POSITIONS TAKEN ON ALL INCOME TAX RETURNS THAT REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES (THOSE RETURNS FILED FOR THE YEARS 2007 THROUGH 2010) AND DOES NOT BELIEVE THERE ARE ANY UNCERTAIN POSITIONS ON THOSE RETURNS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 1115804 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 695616 0 0 0 1811420 0 1811420 0 0 0 0 0 0 PRESIDENT'S INVITATIONAL GOLF TOURN 53150 42801 10349 11121 12953 NAC WOMEN'S WALK EVENT 22201 17856 4345 4572 75351 60657 14694 11121 17525 28646 -13952 1 NORTHERN KENTUCKY UNIVERSITY NUNN DRIVE HIGHLAND HEIGHTS KY 41099 611010545 501(C)(3) 7368515 SUBGRANT EXPENSES PAID FOR THE BENEFIT OF NORTHERN KENTUCKY UNIVERSITY (NKU) TO HELP PROVIDE FUNDING FOR NKU FACULTY POSITIONS, CONSTRUCTION PROJECTS AND VARIOUS OTHER OPERATING EXPENDITURES. 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FOUNDATION MONITORS THE USE OF THE GRANT FUNDS TO NKU THROUGH REVIEW OF INVOICES PAID BY NKU. THE FOUNDATION IS ALSO ABLE TO MONITOR THE PROGRESS OF NKU'S PROJECTS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 DRAFT IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE CHAIRS, AS WELL AS EMAILED TO ALL VOTING BOARD MEMBERS FOR APPROVAL BEFORE A FINAL VERSION IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. THIS POLICY IS MONITORED BY THE MEMBERSHIP COMMITTEE CHAIRPERSON IN CONJUNCTION WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE NKU FOUNDATION EXECUTIVE COMMITTEE DETERMINES EXECUTIVE COMPENSATION UPON RECOMMENDATION OF THE NKU FOUNDATION PERSONNEL COMMITTEE WHICH WORKS IN CONJUNCTION WITH NKU HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS MADE AVAILABLE UPON REQUEST AND ONLINE VIA THE WEBSITE. THE GOVERNING DOCUMENTS, FORM 1023 AND CONFLICT OF INTEREST POLICY IS MADE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 8,452,449. CHANGE IN ANNUITIES -288,033. TOTAL TO FORM 990, PART XI, LINE 5: 8,164,416. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FOUNDATION'S FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XII THE EXECUTIVE DIRECTOR SPENDS 40 HOURS PER WEEK ON THE FOUNDATION, HOWEVER, IS COMPENSATED THROUGH NORTHERN KENTUCKY UNIVERSITY. NKU FOUNDATION PROPERTIES INC LUCAS ADMINISTRATIVE CENTER SUITE 2 HIGHLAND HEIGHTS KY 41099 300013024 REAL ESTATE HOLDING COMPANY FOR EXEMPT ORGANIZATION PROPERTY KY 501(C)(2) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0