2011-02-09T14:05:20-06:00 2010-06-30 VonLehman & Company Inc 250 Grandview Dr Suite 300 Ft Mitchell KY 41017 990 2009-07-01 237116528 Northern Kentucky University Foundation Inc NORT 8595725126 Lucas Administrative Center No 221 Highland Heights KY 41099 karen zerhusen kruer 8595725126 2011-02-07 1 8593313300 2009 2016-02-24 21:20:13Z karen zerhusen kruer AC221 NUNN DRIVE LUCAS ADMIN CENTER HIGHLAND HEIGHTS KY 41099 21020463 0 X http://foundation.nku.edu X 1970 KY Support Northern Kentucky University through provision of scholarships, financial aid and other support programs. 61 61 0 0 0 0 21957984 4418390 0 -1955705 1289901 565939 608403 20568218 6316694 0 0 62134 0 0 0 5434905 4762635 5497039 4762635 15071179 1554059 80475741 86244221 14944143 15256454 65531598 70987767 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. 0 0 728428 Student Financial Aid 1219972 Public Service 955269 University Facilities & Equipment Acquisition 445260 Institutional Support 335402 Academic Support 22769 Libraries 322305 Student Services 391250 Instruction 461 research 1517447 4421116 1 1 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 31 0 0 0 0 1 CJ 0 0 0 0 0 0 0 0 0 0 0 0 61 61 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 8595725126 ac221 Nunn Drive lucas administrati Highland Heights KY 41099 X judith H Gibbons 0.50 X X 0 0 0 j David Bender 0.50 X X 0 0 0 wiLLIAM VERMILLION 0.50 X X 0 0 0 danIEL GRONECK 0.50 X X 0 0 0 karen zerhusen Kruer 40.00 X 0 0 0 ARNOLD E CADDELL 0.50 X 0 0 0 KARA CLARK 0.50 X 0 0 0 MER GRAYSON 0.50 X 0 0 0 THOMAS R SAELINGER 0.50 X 0 0 0 JOHN WINKLER 0.50 X 0 0 0 CHARLES ALEXANDER 0.50 X 0 0 0 CHAD BILZ 0.50 X 0 0 0 RICHARD BOEHNE 0.50 X 0 0 0 HERBERT BOOTH 0.50 X 0 0 0 LEON BOOTHE 0.50 X 0 0 0 bryson t lair 0.50 X 0 0 0 JAMES CALLAHAN 0.50 X 0 0 0 CHRIS CARLE 0.50 X 0 0 0 PAUL CHELLGREN 0.50 X 0 0 0 c andrew neagle 0.50 X 0 0 0 SUSAN COOK 0.50 X 0 0 0 RUTH DOERING 0.50 X 0 0 0 dennis repenning 0.50 X 0 0 0 ROBERT ELLISTON 0.50 X 0 0 0 ERIC ERNST 0.50 X 0 0 0 EVA FARRIS 0.50 X 0 0 0 ROBERT FITZPATRICK 0.50 X 0 0 0 JAMES FLOOD 0.50 X 0 0 0 PAUL GIBSON 0.50 X 0 0 0 olivia birkenhauer 0.50 X X 0 0 0 MARK GUILFOYLE 0.50 X 0 0 0 KENNETH HARPER 0.50 X 0 0 0 JAKKI HAUSSLER 0.50 X 0 0 0 DENNIS HONABACH 0.50 X 0 0 0 JASON JACKMAN 0.50 X 0 0 0 LILLIAN JONES 0.50 X 0 0 0 BARRY KIENZLE 0.50 X 0 0 0 DARRELL LINK 0.50 X 0 0 0 JOHN LUCAS 0.50 X 0 0 0 KENNETH LUCAS 0.50 X 0 0 0 FRED MACKE JR 0.50 X 0 0 0 ROGER MEADE 0.50 X 0 0 0 KAREN MEYERS 0.50 X 0 0 0 CAROL SWARTS MILBURN 0.50 X 0 0 0 GARY MOORE 0.50 X 0 0 0 RICHARD MURGATROYD 0.50 X 0 0 0 KRISTI NELSON 0.50 X 0 0 0 STEVEN PENDERY 0.50 X 0 0 0 JAMES POSTON 0.50 X 0 0 0 TIMOTHY RAWE 0.50 X 0 0 0 KEVIN SHEEHAN 0.50 X 0 0 0 GREGORY SHUMATE 0.50 X 0 0 0 NATHAN SMITH 0.50 X 0 0 0 GERARD ST AMAND 0.50 X 0 0 0 EVAN STEIN 0.50 X 0 0 0 STEVE STEVENS 0.50 X 0 0 0 DIANE STICKLEN JORDAN 0.50 X 0 0 0 T CRAIG TRUE 0.50 X 0 0 0 JAMES VOTRUBA 0.50 X 0 0 0 RHONDA WhITAKER 0.50 X 0 0 0 BReNDA WILSON 0.50 X 0 0 0 TERRY MANN 0.50 X 0 0 0 0 0 0 0 0 0 0 0 4418390 4418390 765634 765634 107494 112312 -4818 -4818 -4818 15048000 14523733 524267 524267 524267 90285 67724 22561 22561 Other Revenues 900099 590660 590660 590660 6316694 1110109 0 788195 26400 26400 14440 14440 8382 8382 11642 11642 167713 167713 11623 11623 Public Service 1219972 1219972 UNIVERSITY FACILITIES & 955269 955269 Student Financial Aid 728428 728428 Institutional Support 445260 445260 Instruction 391250 391250 782256 680937 101319 4762635 4421116 341519 0 7715599 10744160 22234337 18014068 145612 151081 38390 57753 2889471 189283 2707085 2700188 47634718 54551971 0 25000 80475741 86244221 409238 419986 25350 25363 6525000 5877824 7984555 8933281 14944143 15256454 X 1865484 2415990 25503114 29637930 38163000 38933847 65531598 70987767 80475741 86244221 X 0 1 1 X 0 X 3156492 7391495 6468765 22335455 4418390 43770597 3156492 7391495 6468765 22335455 4418390 43770597 43770597 669315 701114 992444 846177 873128 4082178 872841 685182 713561 772046 680945 3724575 51577350 0.84860 0.86270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41237000 2848000 5185000 1704000 47566000 41540000 6825000 -5789000 1339000 41237000 0.10920 0.64240 0.24840 0 0 2681443 2681443 208028 189283 18745 2700188 INVESTMENTS 54551971 F 54551971 Annuities Payable 8732 Funds held in trust for Northern Kentucky University 8924549 8933281 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. PRESIDENTS GOLF OUTING 13467 13467 25791 NAC - GENERAL 13075 13075 13 63743 63743 41933 90285 90285 25791 41933 67724 22561 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. 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) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 NKU foundation properties inc Q 25000