2026-05-15T14:41:56+00:00 2025-06-30 440160260 Forvis Mazars LLP 1201 Walnut Street Suite 1700 Kansas City MO 641062246 990 2024-07-01 486088461 EMPORIA STATE UNIVERSITY FOUNDATION EMPO 6203415440 1500 HIGHLAND STREET EMPORIA KS 66801 JASON DRUMMOND CEO/PRESIDENT 6203415440 2026-05-15 true true Michael Engle P00482834 8162216300 2026-05-15 2024 2025-03-06 01:10:19Z JASON DRUMMOND 1500 HIGHLAND STREET EMPORIA KS 66801 59838477 false X WWW.EMPORIA.EDU/FOUNDATION-GIVING/ X 1952 KS INSPIRING PHILANTHROPY TO CHANGE LIVES AT EMPORIA STATE UNIVERSITY. 15 15 35 57 69277 0 7957548 6228195 0 0 4929653 9957957 2027003 3072056 14914204 19258208 7569910 23567883 0 2360332 2416351 31623 30506 1504236 1273458 1244840 11235323 27259580 3678881 -8001372 159783771 161643873 1949778 10148835 157833993 151495038 RAISING AND MANAGING PHILANTHROPIC RESOURCES TO ADVANCE THE MISSION OF EMPORIA STATE UNIVERSITY. false false 23567883 23567883 0 SCHOLARSHIPS, GRANTS AND PAYMENTS TO EMPORIA STATE UNIVERSITY FOR GROWTH AND DEVELOPMENT OF CAMPUS AND ACADEMIC ACTIVITIES. 241951 0 0 VARIOUS RELATED EXPENSES INCURRED IN THE OPERATION OF THE FOUNDATION PROGRAM TO PROVIDE SCHOLARSHIPS AND PROMOTE THE GROWTH OF EMPORIA STATE UNIVERSITY. 23809834 true true false false false true false true false true true true false true true false true false false false true false false true false false false true true true false false false false false false false false false false true true false false false true true false false false true 16 0 true 35 true true true false false false false true true false false false false false false false false false X 15 15 false false false false false true false true true false false false false true true true true true true false false false KS X NICOLE MOCK 6203415440 1500 HIGHLAND ST EMPORIA KS 66801 DENISE KRUSE EXECUTIVE MEMBER, 2ND VICE CHAIR 1.0 0.0 X X 0 0 0 GREG KOSSOVER EXECUTIVE MEMBER, VICE CHAIR 1.0 0.0 X X 0 0 0 JASON FANNING EXECUTIVE MEMBER, CHAIR 1.0 0.0 X X 0 0 0 AARON BAUCK EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 ALEX MCDANIEL EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 ANGEL ZIMMERMAN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 ANGELA WATSON EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 COLLEEN MITCHELL EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 GREG EK EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 JOHN KUDLACEK EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 LINDA HURT EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 MICHAEL GONZALES EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 ROB GILLIGAN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 ROSS BJORK EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 WALTER BROWN EXECUTIVE MEMBER 1.0 0.0 X 0 0 0 CHELSEA WILTZ CORPORATE SECRETARY 40.0 0.0 X 50677 0 23579 GARY ALLERHEILIGEN INTERIM FOUNDATION PRESIDENT 40.0 0.0 X 103000 0 0 JASON DRUMMOND FOUNDATION PRESIDENT 45.0 0.0 X 0 0 0 JENNIFER SAUDER CFO/CORPORATE TREASURER 40.0 0.0 X 184088 0 31246 BETHANY TEGTMEIER VP OF DEVELOPMENT 40.0 0.0 X 128504 0 33491 JENNIFER DENTON VP OF ALUMNI & STEWARDSHIP 40.0 0.0 X 139832 0 40989 SHANE SHIVLEY FOUNDATION PRESIDENT 0.0 0.0 X 163682 0 32737 769783 0 162042 5 true true false EVERTRUE INC PO BOX 844788 BOSTON MA 02284 DONOR MANANGEMENT 143021 MERCER INVESTMENT CONSULTING INC 21875 NETWORK PL CHICAGO IL 606731218 INVESTMENT SERVICES 127457 2 6228195 293686 6228195 0 0 0 0 0 2694364 2694364 19569 19569 6000 0 6000 0 6000 6000 47843862 40580269 7263593 0 7263593 7263593 PARTNERSHIP INCOME 900099 3016185 69277 2946908 OTHER INCOME 900099 23963 23963 BAD DEBT RECOVERY 900099 6339 6339 0 0 0 0 3046487 19258208 0 69277 12960736 11931306 11931306 11636577 11636577 447730 70649 344461 32620 1499957 69281 529992 900684 110498 6936 38982 64580 242387 16404 95235 130748 115779 5928 42453 67398 53319 53319 78564 78564 30506 30506 145686 145686 0 0 0 0 53065 241 20713 32111 576366 23180 344209 208977 55794 9244 41709 4841 121102 116688 4414 78736 24342 28803 25591 40598 15746 24852 MISCELLANEOUS 41610 39844 1766 0 0 0 0 27259580 23809834 1945510 1504236 1739150 937067 1799974 8660030 7155376 4491548 924 373 0 0 0 0 160762 144149 9019 8595 4528625 2122660 1686088 2405965 83869244 78182265 48395352 51137436 87336 87336 14880546 15589109 159783771 161643873 690659 828017 0 8258769 0 0 365279 338482 893840 723567 1949778 10148835 X 13573632 9462231 144260361 142032807 157833993 151495038 159783771 161643873 X -8001372 757423 904994 X false true true false X 9512259 8653345 16628420 7957548 6228195 48979767 0 0 9512259 8653345 16628420 7957548 6228195 48979767 12342884 36636883 4125076 1945746 2081910 2713322 2719933 13585987 0 2033390 3247020 1824479 2049758 2977210 12131857 74697611 0 0.49047 0.53687 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - PARTNERSHIP INCOME, COLUMN A - 1725379.0, COLUMN B - 3208549.0, COLUMN C - 1797198.0, COLUMN D - 2024867.0, COLUMN E - 2946908.0, COLUMN F - 11702901.0; DESCRIPTION - MISCELLANE OUS INCOME, COLUMN A - 308011.0, COLUMN B - 38471.0, COLUMN C - 27281.0, COLUMN D - 24891.0, COLUMN E - 23963.0, COLUMN F - 422617.0; DESCRIPTION - BAD DEBT RECOVERY, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 6339.0, COLUMN F - 6339.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20 112530 231046 1981977 true true 17225 X X X false 104433299 3669056 9120339 3302675 642691 1796135 111481193 99892170 2089683 7972408 2787923 973923 1759116 104433299 97388972 2179285 5692231 2796125 920875 1651318 99892170 100787819 3432354 -4134001 2058377 638823 0 97388972 79028761 2403679 23600078 2070000 581300 1593399 100787819 0.052 0.6499 0.2981 false false 313263 313263 1218876 2753205 1966831 2005250 226056 155829 70227 17225 17225 2405965 Closely-held equity interests Financial derivatives FUNDS OF HEDGE FUNDS 18181007 F PRIVATE EQUITY FUNDS 27449977 F REAL ESTATE PARTNERSHIPS 5506452 F 51137436 CSV LIFE INSURANCE 765161 BENEFICIAL INTEREST IN TRUSTS 14823948 15589109 Federal Income Taxes ANNUITY & TRUST OBLIGATIONS 723567 723567 20801600 757423 33000 904994 1695417 19106183 145686 6339 152025 19258208 27140555 33000 0 33000 27107555 145686 6339 152025 27259580 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 Collections of art - description of collections THE FOUNDATION HOLDS OWNERSHIP OF 2 CEMETERY LOTS AND SIDE-COMPANION CRYPTS. ALL ITEMS ARE TO BENEFIT SCHOLARSHIPS FOR ESU STUDENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT FUNDS ARE HELD FOR THE BENEFIT OF EMPORIA STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS AND ASSISTANCE WITH OPERATING EXPENSES. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CHANGE IN BENEFIICAL INTERESTS OF PERPETUAL TRUSTS - 804810 ACTUARIAL GAIN/LOSS - 100184 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements BAD DEBT RECOVERY - 6339 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements BAD DEBT RECOVERY - 6339 Central America and the Caribbean 0 0 Investments 12263745 0 0 0 0 0 0 12263745 0 12263745 true false true true false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual X X X X true STEWARDSHIP COUNSELING INC PLANNED GIVING false 30506 -30506 0 30506 -30506 KS true EMPORIA STATE UNIVERSITY 1 KELLOGG CIRCLE EMPORIA KS 66801 481124839 ESU 11768069 UNIVERSITY OPERATIONS ALUMNI ASSOCIATION OF EMPORIA STATE UNIVERSITY 1500 HIGHLAND ST EMPORIA KS 66801 486115644 501(C)(3) 106575 OPERATIONAL SUPPORT Kansas City Kansas Archdiocese 12615 Parallel Pkwy KANSAS CITY KS 66109 480559094 501(C)(3) 6000 OPERATIONAL SUPPORT Didde Catholic Campus Center 1415 Merchant St EMPORIA KS 66801 480776499 501(C)(3) 5500 OPERATIONAL SUPPORT Caring Community Foundation Box 54 ONAGA KS 66521 474465692 501(C)(3) 6500 OPERATIONAL SUPPORT Immaculate Conception Church 208 W Bertrand ST MARYS KS 66536 480634292 501(C)(3) 10000 OPERATIONAL SUPPORT 6 0 SCHOLARSHIPS 1788 11636577 Schedule I, Part III, Column (b) Estimated Number Of Recipients SCHOLARSHIPS : THE FOUNDATION ENTERED INTO AN AGREEMENT WITH EMPORIA STATE UNIVERSITY TO PROVIDE THE UNIVERSITY ADDITIONAL FINANCIAL SUPPORT THROUGH JUNE 30, 2027. THE FOUNDATION RECORDED A $8,258,769 CONTRIBUTION PAYABLE CONSISTING OF $6,441,840 IN SCHOLARSHIP AWARDS AND $1,816,929 IN PROJECT GRANTS. THE NUMBER OF ULTIMATE RECIPIENTS IS NOT YET DETERMINABLE AND CANNOT BE ESTIMATED AT THIS TIME, THEREFORE THE NUMBER OF RECIPIENTS IS NOT REPORTED IN COLUMN B. THE 1,788 RECIPIENTS REPORTED IN COLUMN B REPRESENTS THE RECIPIENTS OF SCHOLARSHIPS DURING THE FISCAL YEAR AND DOES NOT FACTOR IN THE CONTRIBUTION PAYABLE. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds UNIVERSITY EXPENDITURES AND SCHOLARSHIPS ARE PROCESSED BY THE UNIVERSITY; THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THESE EXPENDITURES UPON VERIFICATION THAT THE EXPENSE/SCHOLARSHIP MEETS THE RESPECTIVE DONOR'S GIFT CRITERIA, AS DOCUMENTED. GRANTS TO OTHER ORGANIZATIONS ARE MADE PURSUANT TO WRITTEN AGREEMENTS SPECIFYING THAT THE FUNDS MUST BE USED FOR CHARITABLE PURPOSES. X X X true false false false false false false false false SHANE SHIVLEY FOUNDATION PRESIDENT 163328 0 0 0 354 0 14095 0 18642 0 196419 0 0 0 JENNIFER SAUDER CFO/CORPORATE TREASURER 75424 0 0 0 108664 0 7990 0 23256 0 215334 0 0 0 BETHANY TEGTMEIER VP OF DEVELOPMENT 128355 0 0 0 149 0 11878 0 21613 0 161995 0 0 0 JENNIFER DENTON VP OF ALUMNI & STEWARDSHIP 139514 0 0 0 318 0 12809 0 28180 0 180821 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment JENNIFER SAUDER RECEIVED A SEPARATION PAYOUT IN THE AMOUNT OF $108,521 INCLUDING BENEFITS. 1 3500 Market value 35 251528 Market value 9 2800 Cost X LIFE INSURANCE POLICY 1 32388 Other - CASH SURRENDER VALUE X FURNITURE, FIXTURES & EQUIPMENT 6 3470 Cost 0 false true true Schedule M, Part I COLUMN B THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions A LICENSED REAL ESTATE AGENT IS USED TO SELL DONATIONS OF REAL ESTATE. AN AUCTIONEER (OR AUCTION SERVICE) IS USED TO SELL ALL OTHER NONCASH CONTRIBUTIONS. Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES THE PRESIDENT OF THE FOUNDATION ANNUALLY REVIEWS THE PERFORMANCE AND COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. CBIZ IS UTILIZED FOR A MARKET ANALYSIS OF SIMILAR JOB CLASSIFICATIONS TO DETERMINE COMPENSATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body AT THE BEGINNING OF EACH NEW FOUNDATION CHAIR'S TERM, THE FOUNDATION CHAIR MAY APPOINT UP TO THREE MEMBERS OF THE EXECUTIVE COMMITTEE FROM AMONG THE VOTING TRUSTEES. EACH APPOINTED MEMBER OF THE EXECUTIVE COMMITTEE SHALL SERVE UNTIL THE CONCLUSION OF THE TERM OF THE FOUNDATION CHAIR WHO APPOINTED SUCH MEMBER. Form 990, Part VI, Line 11b Review of form 990 by governing body AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE AVP, FINANCE & OPERATIONS/CORPORATE TREASURER (OR THEIR DESIGNEE), AND THE CHAIR OF THE AUDIT & RISK MANAGEMENT COMMITTEE OF EMPORIA STATE UNIVERSITY FOUNDATION. ANY QUESTIONS OR CONCERNS THAT THESE INDIVIDUALS HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE PRIOR TO SUBMITTING THE 990 TO THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy EACH YEAR THE TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE ASKED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT. THESE ARE REVIEWED BY THE PRESIDENT OF THE FOUNDATION. THERE IS A COMPLIANCE OFFICER ON THE BOARD THAT IS RESPONSIBLE FOR ADDRESSING ANY ISSUES THAT MAY ARISE THROUGHOUT THE YEAR. IF A CONFLICT ARISES IT IS INVESTIGATED IMMEDIATELY. KEY EMPLOYEES SIGN A CONFLICT OF INTEREST POLICY WITH THE UNIVERSITY. THESE ARE MONITORED THROUGH EMPORIA STATE UNIVERSITY. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE PRESIDENT OF THE FOUNDATION IS EVALUATED BY A PERFORMANCE REVIEW COMMITTEE MADE UP OF THE THREE BOARD OFFICERS AND THE UNIVERSITY PRESIDENT, WHO ALSO ADJUSTS COMPENSATION AS NEEDED. THIS PROCESS IS DONE ON AN ANNUAL BASIS. CBIZ IS UTILIZED FOR A MARKET ANALYSIS OF SIMILAR JOB CLASSIFICATIONS TO DETERMINE COMPENSATION. Form 990, Part VI, Line 19 Required documents available to the public EACH TRUSTEE GETS A COPY OF THE BYLAWS. THE PUBLIC CAN RECEIVE A COPY OF THE BYLAWS, THE CONFLICT OF INTEREST POLICY AND THE 990 UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION WEBSITE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN BENEFICIAL INTERESTS OF PERPETUAL TRUST - 804810; ACTUARIAL GAIN/LOSS - 100184; Total - 904994; SCHEDULE F, PART I, LINE 3 PASSIVE INVESTMENT HOLDINGS PASSIVE INVESTMENT HOLDINGS ARE MONITORED ON A MONTHLY BASIS BY THE FOUNDATION'S THIRD-PARTY INVESTMENT ADVISOR CONSULTANT. THE FOUNDATION BOARD'S INVESTMENT COMMITTEE REVIEWS THE PASSIVE INVESTMENT HOLDINGS ON A QUARTERLY BASIS AND REPORTS ANY SUBSTANTIAL ACTIVITY TO THE EXECUTIVE COMMITTEE. CHARITABLE REMAINDER TRUST (5) TRUST KS EMPORIA STATE UNIVERSITY FOUNDATION Trust true false false false false false false false false false false false false false false false false false false false