YOUNGSTOWN STATE UNIVERSITY FOUNDATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: YOUNGSTOWN STATE UNIVERSITY FOUNDATION (EIN 34-6576610)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2011-11-11
IRS object ID: 201143159349302819
Schema version: 2010v3.4
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-11T14:22:47-06:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANNESS GERLACH & WILLIAMS CPA'S	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 3827	AddressLine1
City	YOUNGSTOWN	City
State	OH	State
ZIP Code	445133827	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	346576610	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	YOUNGSTOWN STATE UNIVERSITY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	YOUN	NameControl
Phone	3309413211	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	606 WICK AVENUE	AddressLine1
City	YOUNGSTOWN	City
State	OH	State
ZIP Code	44502	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	C REID SCHMUTZ	Name
Title	PRESIDENT	Title
Phone	3309413211	Phone
Date Signed	2011-11-11	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	J JAMES GERLACH CPA	Name
Phone	3307585716	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	C REID SCHMUTZ	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	606 WICK AVENUE	AddressLine1
City	YOUNGSTOWN	City
State	OH	State
ZIP Code	44502	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	24852963	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.YSU.EDU/YSUFOUNDATION	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1966	YearFormation
State Legal Domicile	OH	StateLegalDomicile
Activity Or Mission Description	TO SUPPORT YOUNGSTOWN STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS, LOANS & GRANTS TO STUDENTS & VARIOUS DEPARTMENTS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	44	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	44	NbrIndependentVotingMembers
Total Nbr Employees	5	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	1881465	ContributionsGrantsPriorYear
Contributions Grants Current Year	2109463	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	5374447	InvestmentIncomePriorYear
Investment Income Current Year	6339190	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	7255912	TotalRevenuePriorYear
Total Revenue Current Year	8448653	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	5247945	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	5705952	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	302875	SalariesEtcPriorYear
Salaries Etc Current Year	279771	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	107947	TotalFundrsngExpCurrentYear
Other Expense Prior Year	331937	OtherExpensePriorYear
Other Expenses Current Year	246059	OtherExpensesCurrentYear
Total Expenses Prior Year	5882757	TotalExpensesPriorYear
Total Expenses Current Year	6231782	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1373155	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2216871	RevenuesLessExpensesCY
Total Assets BOY	154594568	TotalAssetsBOY
Total Assets EOY	186490476	TotalAssetsEOY
Total Liabilities BOY	3349864	TotalLiabilitiesBOY
Total Liabilities EOY	3570000	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	151244704	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	182920476	NetAssetsOrFundBalancesEOY
Mission Description	TO SUPPORT YOUNGSTOWN STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS, LOANS & GRANTS TO STUDENTS & VARIOUS DEPARTMENTS.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	4762500	Expense
Grants	4762500	Grants
Description	YOUNGSTOWN STATE UNIVERSITY FOUNDATION PROVIDES ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO APPROXIMATELY 3,600 ELIGIBLE GRADUATE AND UNDERGRADUATE STUDENTS AT YOUNGSTOWN STATE UNIVERSITY.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	943452	Expense
Grants	943452	Grants
Description	THE FOUNDATION ALSO PROVIDES GRANTS TO YOUNGSTOWN STATE UNIV. FOR THE PURPOSE OF LECTURES,SYMPOSIUMS,& FOR THE OPERATIONS OF VARIOUS DEPARTMENTS & CENTERS.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	1770	Expense
Description	THE FOUNDATION MAKES PENSION BENEFIT PAYMENTS TO APPROXIMATELY 6 RETIRED FACULTY MEMBERS/BENEFICIARIES OF THE ORIGINAL YOUNGSTOWN UNIVERSITY. DUE TO A MERGER THE FOUNDATION IS A SUCCESSOR OBLIGOR.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	5707722	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	1	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
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	0	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
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	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	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	10	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	5	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
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
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	44	NbrVotingGoverningBodyMembers
Number Independent Voting Members	44	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	0	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
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	MR C REID SCHMUTZ	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	3309413211	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	606 WICK AVE	AddressLine1
City	YOUNGSTOWN	City
State	OH	State
ZIP Code	44502	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (44 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
C REID SCHMUTZ
PRESIDENT/TRUSTEE	40.00	X	X	110000	0	26137
EUGENIA ATKINSON
TRUSTEE		X		0	0	0
PETER J ASIMAKOPOULOS
TRUSTEE		X		0	0	0
GARY BITONTE
TRUSTEE		X		0	0	0
ALAN BRANT
TRUSTEE		X		0	0	0
WILLIAM J BRESNAHAN
TRUSTEE		X		0	0	0
LEE BURDMAN
CHAIRMAN/TRUSTEE		X	X	0	0	0
ANTHONY CAFARO SR
TRUSTEE		X		0	0	0
DONALD CAGIGAS
TRUSTEE		X		0	0	0
THOMAS J CAVALIER
TRUSTEE		X		0	0	0
YT CHIU JR
TRUSTEE		X		0	0	0
ALAN W COPE
TRUSTEE		X		0	0	0
REX FERRY
TRUSTEE		X		0	0	0
ELEANOR B FLAD
TRUSTEE		X		0	0	0
THOMAS FLEMING
VICE CHAIRMAN/TRUSTEE		X	X	0	0	0
THOMAS D Y FOK
TRUSTEE		X		0	0	0
FRANK HIERRO
TRUSTEE		X		0	0	0
RICHARD J SCHIRALDI
TRUSTEE		X		0	0	0
RICHARD MCLAUGHLIN
TRUSTEE		X		0	0	0
GARRY MROZEK
TRUSTEE		X		0	0	0
THOMAS E NAUGHTON
TRUSTEE		X		0	0	0
JOSEPH S NOHRA
TRUSTEE		X		0	0	0
JOHN L POGUE
TRUSTEE		X		0	0	0
WILLIAM R ROESTI
TRUSTEE		X		0	0	0
WILLIAM RUSSELL
TRUSTEE		X		0	0	0
JOSEPH M SCHWEBEL
TRUSTEE		X		0	0	0
JIM SISEK
TRUSTEE		X		0	0	0
CR SMITH JR
TRUSTEE		X		0	0	0
WILLIAM SPENCER
TRUSTEE		X		0	0	0
RICHARD THOMPSON
TRUSTEE		X		0	0	0
MILLICENT COUNTS
TRUSTEE		X		0	0	0
FRANK C WATSON
TRUSTEE		X		0	0	0
PAUL J WILLIAMS
SECRETARY-TREAS./TRUSTEE		X	X	0	0	0
WARREN P WILLIAMSON III
TRUSTEE		X		0	0	0
G LEO WINGER
TRUSTEE		X		0	0	0
JOCELYNE K LINSALATA
TRUSTEE		X		0	0	0
ROBERT O'LEARY
TRUSTEE		X		0	0	0
ANTHONY PAYIAVLAS
TRUSTEE		X		0	0	0
TED THORNTON
TRUSTEE		X		0	0	0
JAY WILLIAMS
TRUSTEE		X		0	0	0
BEN KECK
TRUSTEE		X		0	0	0
CARL A NUNZIATO
TRUSTEE		X		0	0	0
DON CONSTANTINI
TRUSTEE		X		0	0	0
SCOTT R SCHULICK
TRUSTEE		X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	110000	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	26137	TotalOtherCompensation
Number Individuals GT100 K	1	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	2109463	AllOtherContributions
Noncash Contributions	20150	NoncashContributions
Total Contributions	2109463	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	5773782	TotalRevenueColumn
Exclusion	$5,773,782	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	16969718	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	16404310	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	565408	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	565408	TotalRevenueColumn
Exclusion	$565,408	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	8448653	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$6,339,190	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	5705952	Total
Program Services	5705952	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	136137	Total
Management And General	108637	ManagementAndGeneral
Fundraising	27500	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	117880	Total
Management And General	70480	ManagementAndGeneral
Fundraising	47400	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	15747	Total
Management And General	10504	ManagementAndGeneral
Fundraising	5243	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	-7228	Total
Program Services	1770	ProgramServices
Management And General	-8998	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	17235	Total
Management And General	11573	ManagementAndGeneral
Fundraising	5662	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	1938	Total
Management And General	1938	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	31485	Total
Management And General	31485	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	140149	Total
Management And General	140149	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	22142	Total
Fundraising	22142	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	15530	Total
Management And General	15530	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	10560	Total
Management And General	10560	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	8324	Total
Management And General	8324	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1216	Total
Management And General	1216	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	6253	Total
Management And General	6253	ManagementAndGeneral

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
DUES AND SUBSCRIPTIONS	7693	7693
MISCELLANEOUS	769	769

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	6231782	Total
Program Services	5707722	ProgramServices
Management And General	416113	ManagementAndGeneral
Fundraising	107947	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	25	BOY
EOY	25	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	11327252	BOY
EOY	11796271	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	11020	BOY
EOY	5142	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	40279	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	37358	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	2862	BOY
EOY	2921	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	140901313	BOY
EOY	172454418	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	2352096	BOY
EOY	2231699	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	154594568	BOY
EOY	186490476	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	22508	BOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	3300000	BOY
EOY	3570000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	27356	BOY
EOY	0	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	3349864	BOY
EOY	3570000	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	112293366	BOY
EOY	136253162	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2257919	BOY
EOY	2242833	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	36693419	BOY
EOY	44424481	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	151244704	BOY
EOY	182920476	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	154594568	BOY
EOY	186490476	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	2216871	ReconcilationRevenueExpenses
Reconcilation Other Changes	29458901	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
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)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3177023	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5186039	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2578434	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1881465	CurrentTaxYearMinus1Year
Current Tax Year	2109463	CurrentTaxYear
Total	14932424	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3177023	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5186039	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2578434	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1881465	CurrentTaxYearMinus1Year
Current Tax Year	2109463	CurrentTaxYear
Total	14932424	Total

Field	Value	IRS element (for citing)
Public Support Total170	14932424	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6212267	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	6593876	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	6921189	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	5449975	CurrentTaxYearMinus1Year
Current Tax Year	5773782	CurrentTaxYear
Total	30951089	Total

Field	Value	IRS element (for citing)
Total Support	45883513	TotalSupport
Public Support Pertcentage170	0.32540	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.33470	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests PY170	X	ThirtyThreePercntTestsPY170

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 C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Total Direct Lobbying TotalDirectLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	6231782	FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	6231782	FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	461589	FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	115397	FilingOrganizationsTotals

Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	482066	CurrentYearMinus3
Current Year Minus2	514235	CurrentYearMinus2
Current Year Minus1	444138	CurrentYearMinus1
Current Year	461589	CurrentYear
Total	1902028	Total

Field	Value	IRS element (for citing)
Lobbying Ceiling	$2,853,042	LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

Field	Value	IRS element (for citing)
Current Year Minus1	25000	CurrentYearMinus1
Total	25000	Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	120517	CurrentYearMinus3
Current Year Minus2	128559	CurrentYearMinus2
Current Year Minus1	111035	CurrentYearMinus1
Current Year	115397	CurrentYear
Total	475508	Total

Field	Value	IRS element (for citing)
Grassroots Ceiling	$713,262	GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

Field	Value	IRS element (for citing)
Current Year Minus1	25000	CurrentYearMinus1
Total	25000	Total

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	148598282	BeginningOfYearBalance
Contributions	1722670	Contributions
Investment Earnings Or Losses	35893150	InvestmentEarningsOrLosses
Other Expenditures	6114120	OtherExpenditures
End Of Year Balance	180099982	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	135342188	BeginningOfYearBalance
Contributions	1545918	Contributions
Investment Earnings Or Losses	17438563	InvestmentEarningsOrLosses
Other Expenditures	5728387	OtherExpenditures
End Of Year Balance	148598282	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	155768092	BeginningOfYearBalance
Contributions	2132500	Contributions
Investment Earnings Or Losses	-14671007	InvestmentEarningsOrLosses
Other Expenditures	7887397	OtherExpenditures
End Of Year Balance	135342188	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.74090	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.24660	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.01250	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	40279	OtherCostOrOtherBasis
Depreciation	37358	Depreciation
Book Value	2921	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	2921	TotalOfBookValueLandBuildings
Total Revenue	8448653	TotalRevenue
Total Expenses	6231782	TotalExpenses
Excess Or Deficit For Year	2216871	ExcessOrDeficitForYear
Net Unrealized GL On Investments	29458901	NetUnrealizedGLOnInvestments
Total Adjustments	29458901	TotalAdjustments
Excess Or Deficit Per FS	31675772	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	37907554	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	29458901	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	29458901	RevenueNotRptdF990
Revenue Subtotal	8448653	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	8448653	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	6231782	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	6231782	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	6231782	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:	PART V, LINE 4:	THE ORGANIZATION'S USE OF ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIP AND OTHER SPECIFIED USES FOR THE BENEFIT OF YOUNGSTOWN STATE UNIVERSITY ITS STUDENTS AND RELATED ACTIVITIES AND PROGRAMS.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X:	DURING THE FISCAL YEAR ENDED JUNE 30, 2010, THE FOUNDATION ADOPTED THE PROVISIONS OF "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" WHICH PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE AMOUNT OF BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES ACCRUED RELATED TO UNRECOGNIZED TAX UNCERTAINTIES, IF ANY, IN INCOME TAX EXPENSE. AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD, THE FOUNDATION DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS.

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	YOUNGSTOWN STATE UNIVERSITY	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	ONE UNIVERSITY PLAZA	AddressLine1
City	YOUNGSTOWN	City
State	OH	State
ZIP Code	44555	ZIPCode

Field	Value	IRS element (for citing)
EIN Of Recipient	341011998	EINOfRecipient
IRC Section	170(B)(I)(A)(II)	IRCSection
Amount Of Cash Grant	5705952	AmountOfCashGrant
Method Of Valuation	FMV	MethodOfValuation
Purpose Of Grant	TO EXCLUSIVELY SUPPORT YOUNGSTOWN STATE UNIVERSITY.	PurposeOfGrant

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: THE FOUNDATION EXCLUSIVELY SUPPORTS YOUNGSTOWN STATE UNIVERSITY WHICH IS LOCATED WITHIN THE UNITED STATES.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	ExplanationExplanation	Return ReferenceReturnReference
FORM 990, PART VI, SECTION B, LINE 11	IRS FORM 990 IS REVIEWED AND APPROVED BY THE FOUNDATION'S INVESTMENT COMMITTEE, EXECUTIVE COMMITTEE AND AUDIT COMMITTEE. THE FOUNDATION ALSO PROVIDED THE FORM 990 TO EACH VOTING MEMBER OF THE BOARD OF TRUSTEES IN PAPER AND/OR ELECTRONIC FORM.
	ALL TRUSTEES OF THE ORGANIZATION SIGN CONFLICT OF INTEREST POLICIES UPON ELECTION. CONFLICTS OF INTEREST ARE IDENTIFIED DURING BOARD MEETINGS BY THE TRUSTEES. ALSO, THE PRESIDENT MONITORS THE CONFLICTS OF INTEREST THROUGHOUT THE YEAR.	FORM 990, PART VI, SECTION B, LINE 12C
	THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE FULL BOARD OF TRUSTEES AT THE ANNUAL MEETING.	FORM 990, PART VI, SECTION B, LINE 15A
	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.	FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:	NET UNREALIZED GAINS ON INVESTMENTS: 29,458,901.	FORM 990, PART XI, LINE 5:
	THE ORGANIZATION'S BOARD OF TRUSTEES PROCESS OF ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED OR BEEN REVISED FROM THE PRIOR YEAR TO THE CURRENT YEAR.	FORM 990, PART XI, LINE 2C: