NC STATE NATURAL RESOURCES FOUNDATION INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- NC STATE NATURAL RESOURCES FOUNDATION INC (EIN 56-0653350)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-03
- IRS object ID
- 201141239349301114
- 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 | 2011-05-03T15:20:02-05:00 | 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 | WILLIAMS OVERMAN PIERCE LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 31823 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 276221823 | 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 | 560653350 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NC STATE NATURAL RESOURCES FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NCST | NameControl |
| Phone | 9195137149 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NCSU Box 7207 | AddressLine1 |
| City | Raleigh | City |
| State | NC | State |
| ZIP Code | 276957207 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KATHRYN S HART | Name |
| Title | TREASURER | Title |
| Phone | 9195137149 | Phone |
| Date Signed | 2011-04-26 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Gwen Vass | Name |
| Phone | 9197823444 | Phone |
| Date Prepared | 2011-04-26 | DatePrepared |
| Self Employed | X | SelfEmployed |
| 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 | KATHRYN S HART | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ncsu box 7207 | AddressLine1 |
| City | Raleigh | City |
| State | NC | State |
| ZIP Code | 27695 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8416073 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | fis.ncsu.edu/foundations_accounting | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1929 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | TO PROMOTE EDUCATION IN THE FIELD OF FORESTRY AND FORESTRY RESOURCES AT NCSU THROUGH TUTORIAL SERVICES, FACULTY DEVELOPMENT PROGRAMS, ASSISTANCE IN CONSTRUCTING FACILITIES, AND VARIOUS OTHER MEANS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 8 | TotalNbrEmployees |
| Total Nbr Volunteers | 129 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 720415 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 696046 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5886562 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5774532 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -2420533 | InvestmentIncomePriorYear |
| Investment Income Current Year | 172466 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 225794 | OtherRevenuePriorYear |
| Other Revenue Current Year | 379018 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4412238 | TotalRevenuePriorYear |
| Total Revenue Current Year | 7022062 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 1722676 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 592227 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 523694 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 274076 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4221094 | OtherExpensePriorYear |
| Other Expenses Current Year | 3550186 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4813321 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5796556 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -401083 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1225506 | RevenuesLessExpensesCY |
| Total Assets BOY | 21289719 | TotalAssetsBOY |
| Total Assets EOY | 24302272 | TotalAssetsEOY |
| Total Liabilities BOY | 1216739 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1360064 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 20072980 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 22942208 | NetAssetsOrFundBalancesEOY |
| Mission Description | Promote education and research in the field of forestry and forestry resources at NCSU through tutorial services, faculty development programs, assistance in constructing facilities, and various other means. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5393616 | Expense |
| Grants | 1722676 | Grants |
| Revenue | 5774532 | Revenue |
| Description | Promote education and research in the field of forestry and forestry resources at NCSU through tutorial services, faculty development programs, assistance in constructing facilities, and various other means. | Description |
| Total Program Service Expense | 5393616 | 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 | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | 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 | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | 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 | 21 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 8 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| 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 |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | 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 |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kathryn S Hart | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9195137149 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NCSU Box 7207 | AddressLine1 |
| City | Raleigh | City |
| State | NC | State |
| ZIP Code | 27695 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| RJ BERNARD | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BRENDA E BRICKHOUSE | |||||||
| PRESIDENT | 1.00 | X | 0 | 0 | 0 | X | |
| GUS J COTTROS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| B ROBERT HARLEY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT C KELLISON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| H MAC LUPOLD | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICK MALM | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD B PHILLIPS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| FRANK RACKLEY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ARTHUR G RAYMOND | |||||||
| VICE PRESIDENT | 1.00 | X | 0 | 0 | 0 | X | |
| PAUL RAYMOND | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MIKKI SAGER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LORETHA THIELE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GENIE J USSERY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| KATHRYN S HART | |||||||
| TREASURER | 1.00 | X | 0 | 200000 | 22060 | X | |
| DAVID ASHCRAFT | |||||||
| SECRETARY | 1.00 | 0 | 117002 | 14798 | X | ||
| CHARLES LEFFLER | |||||||
| ASST TREASURER | 1.00 | 0 | 260000 | 27310 | X | ||
| ASHLEY FAIRCLOTH | |||||||
| DIRECTOR, FOREST OPERATIONS | 40.00 | 125000 | 0 | 20805 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 125000 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 577002 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 84973 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| JONES LAND DEVELOPMENT | |||||
| 2145 BELGRADE SWANSBORO RD | MAYSVILLE | NC | 28555 | STRIP SHEARING/BEDDING | 453757 |
| RIVERSIDE EXCAVATION | |||||
| 272 RIVERSIDE CAMPGROUND RD | BELHAVEN | NC | 27810 | STRIP SHEARING/BEDDING | 290825 |
| PAYNE'S FLYING SERVICES | |||||
| PO BOX 827 | PELAHATCHIE | MS | 39145 | AERIAL SPRAYING | 187644 |
| BLUE WATER VEGETATION MANAGEMENT | |||||
| 1517 HWY 129 | GALIVANTS FERRY | SC | 29544 | AERIAL SPRAYING | 144318 |
| H & J FOREST SERVICES | |||||
| PO BOX 458 | HOLLY RIDGE | NC | 28445 | TREE PLANTING | 140036 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| All Other Contributions | 696046 | AllOtherContributions |
| Noncash Contributions | 23552 | NoncashContributions |
| Total Contributions | 696046 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Hofmann Forest | Description |
| Business Code | 110000 | BusinessCode |
| Total Revenue Column | 5774532 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5774532 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5774532 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 239260 | TotalRevenueColumn |
| Exclusion | $239,260 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1326668 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1393462 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -66794 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -66794 | TotalRevenueColumn |
| Exclusion | -$66,794 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 7559 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 549 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7010 | TotalRevenueColumn |
| Exclusion | $7,010 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | other income | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 372008 | TotalRevenueColumn |
| Related Or Exempt Function Income | 372008 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 372008 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7022062 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6146540 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $179,476 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1722676 | Total |
| Program Services | 1722676 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155207 | Total |
| Program Services | 155207 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 295032 | Total |
| Program Services | 295032 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9653 | Total |
| Program Services | 9653 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39778 | Total |
| Program Services | 39778 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24024 | Total |
| Program Services | 24024 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5092 | Total |
| Program Services | 2500 | ProgramServices |
| Fundraising | 2592 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70308 | Total |
| Program Services | 6808 | ProgramServices |
| Management And General | 44650 | ManagementAndGeneral |
| Fundraising | 18850 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200894 | Total |
| Fundraising | 200894 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6698 | Total |
| Program Services | 6698 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2325 | Total |
| Program Services | 2325 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 159648 | Total |
| Program Services | 151743 | ProgramServices |
| Fundraising | 7905 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39527 | Total |
| Program Services | 15429 | ProgramServices |
| Fundraising | 24098 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83779 | Total |
| Program Services | 83779 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38651 | Total |
| Program Services | 37338 | ProgramServices |
| Fundraising | 1313 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| Other Services | 1025674 | 1025549 | 125 | |
| Service Agreements | 979819 | 968459 | 11360 | |
| Supplies | 506133 | 504484 | 1649 | |
| Equipment Rental | 147306 | 147095 | 211 | |
| Investment Management F | 84214 | 84214 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200118 | Total |
| Program Services | 195039 | ProgramServices |
| Fundraising | 5079 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5796556 | Total |
| Program Services | 5393616 | ProgramServices |
| Management And General | 128864 | ManagementAndGeneral |
| Fundraising | 274076 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 444547 | BOY |
| EOY | 196794 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3601747 | BOY |
| EOY | 5474814 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1210385 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 262405 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1051831 | BOY |
| EOY | 947980 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15969078 | BOY |
| EOY | 17565283 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 222516 | BOY |
| EOY | 117401 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21289719 | BOY |
| EOY | 24302272 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1216739 | BOY |
| EOY | 1360064 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1216739 | BOY |
| EOY | 1360064 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6608060 | BOY |
| EOY | 8368243 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3452024 | BOY |
| EOY | 4021460 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10012896 | BOY |
| EOY | 10552505 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20072980 | BOY |
| EOY | 22942208 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21289719 | BOY |
| EOY | 24302272 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | X | MethodOfAccountingCash |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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 | 2206702 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1193985 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1296217 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 720415 | CurrentTaxYearMinus1Year |
| Current Tax Year | 696046 | CurrentTaxYear |
| Total | 6113365 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2206702 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1193985 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1296217 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 720415 | CurrentTaxYearMinus1Year |
| Current Tax Year | 696046 | CurrentTaxYear |
| Total | 6113365 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1692312 | AmountsSubstContributorsTotal |
| Public Support Total170 | 4421053 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 657756 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 980688 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 670357 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 161232 | CurrentTaxYearMinus1Year |
| Current Tax Year | 239260 | CurrentTaxYear |
| Total | 2709293 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7455 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 22312 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 53848 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 225794 | CurrentTaxYearMinus1Year |
| Current Tax Year | 379019 | CurrentTaxYear |
| Total | 688428 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 9511086 | TotalSupport |
| Gross Receipts From Admissions Etc | 31760979 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.46480 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.51370 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Protection Of Natural Habitat | X | ProtectionOfNaturalHabitat |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 388.19 | TotalAcreage |
| Nmbr Hist Struct Easements | 0 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 0 | NmbrHistStructEasementsAfter |
| Nmbr Easements Modified | 0 | NmbrEasementsModified |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | 1 | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 1808.00 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 37000 | ExpensesIncurredForEnforcement |
| Sect170h Requirements Satisfied | 1 | Sect170hRequirementsSatisfied |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16109681 | BeginningOfYearBalance |
| Contributions | 230921 | Contributions |
| Investment Earnings Or Losses | 1513866 | InvestmentEarningsOrLosses |
| End Of Year Balance | 17854468 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21425364 | BeginningOfYearBalance |
| Contributions | 25751 | Contributions |
| Investment Earnings Or Losses | -4869716 | InvestmentEarningsOrLosses |
| Other Expenditures | 471718 | OtherExpenditures |
| End Of Year Balance | 16109681 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.21000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.59000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.20000 | 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 | 762690 | OtherCostOrOtherBasis |
| Book Value | 762690 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 447695 | OtherCostOrOtherBasis |
| Depreciation | 262405 | Depreciation |
| Book Value | 185290 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 947980 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Life Income funds Payable | $1,355,267 |
| Due to Others | $3,297 |
| performance bond deposits | $1,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1360064 | TotalOfAmounts |
| Total Revenue | 7022062 | TotalRevenue |
| Total Expenses | 5796556 | TotalExpenses |
| Excess Or Deficit For Year | 1225506 | ExcessOrDeficitForYear |
| Other | $1,643,722 | OtherAmount |
| Total Adjustments | 1643722 | TotalAdjustments |
| Excess Or Deficit Per FS | 2869228 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 8614670 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1898244 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 33100 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 1931344 | RevenueNotRptdF990 |
| Revenue Subtotal | 6683326 | RevenueSubtotal |
| Investment Expenses Not Included | 84214 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 254522 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 338736 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 7022062 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5745442 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 33100 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 33100 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5712342 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 84214 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 84214 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5796556 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part II, Line 9: | Description of How Organization Reports Conservation Easements: | Donated easements are stated at fair value as of the date of donation. |
| Part XI, Line 8 - Other Adjustments: | DECREASE IN VALUE OF SPLIT INTEREST AGREEMENT: -254522. UNREALIZED APPRECIATION OF SECURITIES: 1898244. | |
| Part XII, Line 4b - Other Adjustments: | DECREASE IN VALUE OF SPLIT INTEREST: 254522. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NC State University | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NCSU BOX 7207 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27695 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 566000756 | EINOfRecipient |
| IRC Section | 501(c)(3) | IRCSection |
| Amount Of Cash Grant | 1722676 | AmountOfCashGrant |
| Method Of Valuation | Book | MethodOfValuation |
| Description Of Non Cash Assistance | N/a | DescriptionOfNonCashAssistance |
| Purpose Of Grant | SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT, AND FACILITY SUPPORT | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Grants represent reimbursement of 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KATHRYN S HART | |||||||||||||
| 0 | 200000 | 0 | 0 | 0 | 0 | 0 | 17500 | 0 | 4560 | 0 | 222060 | 0 | 0 |
| CHARLES LEFFLER | |||||||||||||
| 0 | 260000 | 0 | 0 | 0 | 0 | 0 | 22750 | 0 | 4560 | 0 | 287310 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Part III | ReturnReference |
| Explanation | The Board members that are compensated receive compensation from NC State University, a 501(c)(3) organization related to NC State Natural Resources Foundation. There are employees of NC State Natural Resources that are paid directly by NC State Natural Resources Foundation. None of these employees exceed $ 150,000 in total compensation and benefits and therefore, are not listed on Schedule J. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | Draft 990 is distributed to Board members for their review prior to filing |
| Form 990, Part VI, Section B, line 12c | In order to monitor and enforce compliance with the organization's conflict of interest policy, NC State Natural Resources Foundation follows the following practices: 1) All transactions (other than expense reimbursements) between the Foundation and a director, officer, or employee of the Foundation, must be authorized and approved by the Foundation's Board of Directors or ratified in good faith by the Foundation's Board of Directors at the subsequent meeting following the transaction. 2) No Foundation director, officer, or employee having a direct or indirect interest in any Foundation business transaction may be involved in the decision with respect to whether the Foundation should enter into such transaction. For purposes of this section, a director, officer or employee has an indirect interest in a transaction if: (a) another entity in which he has a material financial interest or in which he is a general partner is a party to the transaction ; or (b) another entity of which he is a director, officer, or trustee is a party to the transaction and the transaction is or should be considered by the Board. 3) No scholarship or fellowship award may be made to a director, officer, or employee of the Foundation or to a family member of any such person unless the recipient of the award is determined by an independent awards committee. |
| Form 990, Part VI, Section B, line 15 | The Executive Committee of the Board of Directors also serves as the HR/Employee Benefits Committee. Compensation decisions are recommended to this committee by the Director of Forest Operations for his employees and are brought before the committee for approval. The Executive Committee recommends, determines, and approves salary and other compensation elements for the Director of Forest Operations, in addition to approving recommendations from the Director about his staff. |
| Form 990, Part VI, Section C, line 19 | The 990 is listed on the website and is available through guidestar. The audited financial statements are available on the website: http://www.fis.ncsu.edu/foundations_accounting/foundations/natres.asp. Any minutes are made available upon request. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| NC State University Foundation inc | |||||||||
| ncsu Box 7207 | Raleigh | NC | 27695 | 566049503 | Supports the various colleges within the university | NC | 501(c)(3) | 170(b)(1)(a)(iv) | N/A |
| NC State Investment Fund | |||||||||
| ncsu Box 7207 | raleigh | NC | 27695 | 311607634 | invest funds of nc state university endowment and related entities | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | 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 | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| nc state investment fund inc | |
| Q | 716456 |
| nc state investment fund inc | |
| R | 752430 |
| NC STATE UNIVERSITY | |
| B | 1722676 |
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