NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC (EIN 23-7116528)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-09
- IRS object ID
- 201140409349300444
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-09T14:05:20-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VonLehman & Company Inc | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 Grandview Dr Suite 300 | AddressLine1 |
| City | Ft Mitchell | City |
| State | KY | State |
| ZIP Code | 41017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237116528 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Northern Kentucky University Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NORT | NameControl |
| Phone | 8595725126 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Lucas Administrative Center No 221 | AddressLine1 |
| City | Highland Heights | City |
| State | KY | State |
| ZIP Code | 41099 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | karen zerhusen kruer | Name |
| Title | executive director | Title |
| Phone | 8595725126 | Phone |
| Date Signed | 2011-02-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8593313300 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | karen zerhusen kruer | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | AC221 NUNN DRIVE LUCAS ADMIN CENTER | AddressLine1 |
| City | HIGHLAND HEIGHTS | City |
| State | KY | State |
| ZIP Code | 41099 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 21020463 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | http://foundation.nku.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1970 | YearFormation |
| State Legal Domicile | KY | StateLegalDomicile |
| Activity Or Mission Description | Support Northern Kentucky University through provision of scholarships, financial aid and other support programs. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 61 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 61 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 21957984 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4418390 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1955705 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1289901 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 565939 | OtherRevenuePriorYear |
| Other Revenue Current Year | 608403 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 20568218 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6316694 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 62134 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5434905 | OtherExpensePriorYear |
| Other Expenses Current Year | 4762635 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5497039 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4762635 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 15071179 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1554059 | RevenuesLessExpensesCY |
| Total Assets BOY | 80475741 | TotalAssetsBOY |
| Total Assets EOY | 86244221 | TotalAssetsEOY |
| Total Liabilities BOY | 14944143 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 15256454 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 65531598 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 70987767 | NetAssetsOrFundBalancesEOY |
| Mission Description | The Northern Kentucky University Foundation is an independent, non-profit, tax-exempt public charity incorporated in Kentucky under 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 728428 | Expense |
| Description | Student Financial Aid | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1219972 | Expense |
| Description | Public Service | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 955269 | Expense |
| Description | University Facilities & Equipment Acquisition | Description |
Activity Other ActivityOther (6 entries)
| ExpenseExpense | DescriptionDescription |
|---|---|
| 445260 | Institutional Support |
| 335402 | Academic Support |
| 22769 | Libraries |
| 322305 | Student Services |
| 391250 | Instruction |
| 461 | research |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1517447 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 4421116 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 31 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 0 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Nbr Voting Governing Body Members | 61 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 61 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | KY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John Bailey | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8595725126 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ac221 Nunn Drive lucas administrati | AddressLine1 |
| City | Highland Heights | City |
| State | KY | State |
| ZIP Code | 41099 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (62 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| judith H Gibbons | ||||||
| President | 0.50 | X | X | 0 | 0 | 0 |
| j David Bender | ||||||
| Vice President | 0.50 | X | X | 0 | 0 | 0 |
| wiLLIAM VERMILLION | ||||||
| Secretary | 0.50 | X | X | 0 | 0 | 0 |
| danIEL GRONECK | ||||||
| treasurer | 0.50 | X | X | 0 | 0 | 0 |
| karen zerhusen Kruer | ||||||
| executive Director | 40.00 | X | 0 | 0 | 0 | |
| ARNOLD E CADDELL | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| KARA CLARK | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| MER GRAYSON | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| THOMAS R SAELINGER | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JOHN WINKLER | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| CHARLES ALEXANDER | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| CHAD BILZ | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| RICHARD BOEHNE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| HERBERT BOOTH | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| LEON BOOTHE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| bryson t lair | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JAMES CALLAHAN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| CHRIS CARLE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| PAUL CHELLGREN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| c andrew neagle | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| SUSAN COOK | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| RUTH DOERING | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| dennis repenning | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| ROBERT ELLISTON | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| ERIC ERNST | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| EVA FARRIS | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| ROBERT FITZPATRICK | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JAMES FLOOD | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| PAUL GIBSON | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| olivia birkenhauer | ||||||
| bOARD MEMBER | 0.50 | X | X | 0 | 0 | 0 |
| MARK GUILFOYLE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| KENNETH HARPER | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JAKKI HAUSSLER | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| DENNIS HONABACH | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JASON JACKMAN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| LILLIAN JONES | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| BARRY KIENZLE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| DARRELL LINK | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JOHN LUCAS | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| KENNETH LUCAS | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| FRED MACKE JR | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| ROGER MEADE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| KAREN MEYERS | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| CAROL SWARTS MILBURN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| GARY MOORE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| RICHARD MURGATROYD | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| KRISTI NELSON | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| STEVEN PENDERY | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JAMES POSTON | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| TIMOTHY RAWE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| KEVIN SHEEHAN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| GREGORY SHUMATE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| NATHAN SMITH | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| GERARD ST AMAND | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| EVAN STEIN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| STEVE STEVENS | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| DIANE STICKLEN JORDAN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| T CRAIG TRUE | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JAMES VOTRUBA | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| RHONDA WhITAKER | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| BReNDA WILSON | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| TERRY MANN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 4418390 | AllOtherContributions |
| Total Contributions | 4418390 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 765634 | TotalRevenueColumn |
| Exclusion | $765,634 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 107494 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 112312 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -4818 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -4818 | TotalRevenueColumn |
| Related Or Exempt Function Income | -4818 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15048000 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14523733 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 524267 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 524267 | TotalRevenueColumn |
| Related Or Exempt Function Income | 524267 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 90285 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 67724 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 22561 | TotalRevenueColumn |
| Exclusion | $22,561 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other Revenues | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 590660 | TotalRevenueColumn |
| Related Or Exempt Function Income | 590660 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 590660 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6316694 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1110109 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $788,195 | ExclusionAmount |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26400 | Total |
| Management And General | 26400 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14440 | Total |
| Management And General | 14440 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8382 | Total |
| Management And General | 8382 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11642 | Total |
| Management And General | 11642 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167713 | Total |
| Management And General | 167713 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11623 | Total |
| Management And General | 11623 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| Public Service | 1219972 | 1219972 |
| UNIVERSITY FACILITIES & | 955269 | 955269 |
| Student Financial Aid | 728428 | 728428 |
| Institutional Support | 445260 | 445260 |
| Instruction | 391250 | 391250 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 782256 | Total |
| Program Services | 680937 | ProgramServices |
| Management And General | 101319 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4762635 | Total |
| Program Services | 4421116 | ProgramServices |
| Management And General | 341519 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7715599 | BOY |
| EOY | 10744160 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22234337 | BOY |
| EOY | 18014068 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145612 | BOY |
| EOY | 151081 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38390 | BOY |
| EOY | 57753 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2889471 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 189283 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2707085 | BOY |
| EOY | 2700188 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47634718 | BOY |
| EOY | 54551971 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 25000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80475741 | BOY |
| EOY | 86244221 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 409238 | BOY |
| EOY | 419986 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25350 | BOY |
| EOY | 25363 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6525000 | BOY |
| EOY | 5877824 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7984555 | BOY |
| EOY | 8933281 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14944143 | BOY |
| EOY | 15256454 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1865484 | BOY |
| EOY | 2415990 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25503114 | BOY |
| EOY | 29637930 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38163000 | BOY |
| EOY | 38933847 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65531598 | BOY |
| EOY | 70987767 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80475741 | BOY |
| EOY | 86244221 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3156492 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7391495 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6468765 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 22335455 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4418390 | CurrentTaxYear |
| Total | 43770597 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3156492 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7391495 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6468765 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 22335455 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4418390 | CurrentTaxYear |
| Total | 43770597 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 43770597 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 669315 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 701114 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 992444 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 846177 | CurrentTaxYearMinus1Year |
| Current Tax Year | 873128 | CurrentTaxYear |
| Total | 4082178 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 872841 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 685182 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 713561 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 772046 | CurrentTaxYearMinus1Year |
| Current Tax Year | 680945 | CurrentTaxYear |
| Total | 3724575 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 51577350 | TotalSupport |
| Public Support Pertcentage170 | 0.84860 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.86270 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 41237000 | BeginningOfYearBalance |
| Contributions | 2848000 | Contributions |
| Investment Earnings Or Losses | 5185000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1704000 | GrantsOrScholarships |
| End Of Year Balance | 47566000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 41540000 | BeginningOfYearBalance |
| Contributions | 6825000 | Contributions |
| Investment Earnings Or Losses | -5789000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1339000 | GrantsOrScholarships |
| End Of Year Balance | 41237000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.10920 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.64240 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.24840 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2681443 | OtherCostOrOtherBasis |
| Book Value | 2681443 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 208028 | OtherCostOrOtherBasis |
| Depreciation | 189283 | Depreciation |
| Book Value | 18745 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2700188 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENTS | Description |
| Book Value | 54551971 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 54551971 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Annuities Payable | $8,732 |
| Funds held in trust for Northern Kentucky University | $8,924,549 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8933281 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | PRIMARILY TO BE USED FOR STUDENT FINANCIAL AID AND SCHOLARSHIPS |
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | the accounting pronouncement related to accounting for uncertainty in income taxes clarifies the accounting in an entity's financial statements for uncertain tax positions. It prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The pronouncement also provides guidance on derecognition, classification, interest, and penalties, accounting in interim periods, disclosure, and transition. this pronouncement is effective for nku foundation, inc. (the foundation) and nku foundation properties, inc. (properties) for the year ended june 30,2010. the foundation adopted the provisions of this accounting pronouncement as of july 1, 2009. based on evaluation of the foundation's tax positions, management believes all positions taken would be updheld under examination. therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended June 30, 2010. the foundation recognized no interest or penalties in the statement of activities for the year ended june 30, 2010. if the situation arose in which the foundation would have interest to recognize, it would recognize this as interest expense and penalties would be recognized in other expenses. the foundation does not expect the balance of unrecognized tax benefits to change by a material amount in the next twelve months. the foundation and properties file an information return (form 990) in the u.s. federal jurisdiction. as of june 30, 2010 no authorities have commenced tax examinations. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | PRESIDENTS GOLF OUTING | NameOfEvent1 |
| Gross Receipts Event1 | 13467 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 13467 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 25791 | RentFacilityCostsEvent1 |
| Name Of Event2 | NAC - GENERAL | NameOfEvent2 |
| Gross Receipts Event2 | 13075 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 13075 | GrossRevenueEvent2 |
| Total Number Of Other Events | 13 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 63743 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 63743 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 41933 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 90285 | GrossReceiptsTotal |
| Gross Revenue Total Events | 90285 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 25791 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 41933 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 67724 | DirectExpenseSummaryEvents |
| Net Income Summary | 22561 | NetIncomeSummary |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| 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 conflict 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 | The 990 is made available upon request and online via the website. |
| FORM 990, PART XI, LINE 2C | THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FOUNDATION'S FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NKU FOUNDATION PROPERTIES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | LUCAS ADMINISTRATIVE CENTER SUITE 2 | AddressLine1 |
| City | HIGHLAND HEIGHTS | City |
| State | KY | State |
| ZIP Code | 41099 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300013024 | EIN |
| Primary Activities | REAL ESTATE HOLDING COMPANY FOR EXEMPT ORGANIZATION PROPERTY | PrimaryActivities |
| Legal Domicile State | KY | LegalDomicileState |
| Exempt Code Section | 501(c)(2) | ExemptCodeSection |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NKU foundation properties inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | Q | TransactionType |
| Amount Involved | 25000 | AmountInvolved |
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