2014-05-15T16:11:38-05:00 2013-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2012-07-01 480667209 Kansas State University Foundation % GREG LOHRENTZ KANS 7855327552 2323 Anderson Ave Suite Ste 500 Manhattan KS 66502 GREG LOHRENTZ 7855327552 2014-05-15 true 8162216300 2012 2015-11-30 17:44:51Z GREG LOHRENTZ 2323 ANDERSON AVE STE 500 MANHATTAN KS 66502 199886449 false X WWW.FOUND.KSU.EDU X 1944 KS KSU FOUNDATION ENCOURAGES AND PRUDENTLY MANAGES GIFTS DONATED FOR THE BENEFIT OF KANSAS STATE UNIVERSITY AND FOSTERS A CULTURE THAT UNITES PHILANTHROPIC DESIRES WITH UNIVERSITY PRIORITIES. 15 15 127 2600 572027 349420 63337465 92456779 2027415 4128454 4908824 29558481 5708027 5102643 75981731 131246357 44471436 48722187 0 0 7579051 8363613 0 369600 7416068 22257321 26514099 74307808 83969499 1673923 47276858 491303240 531252591 33909159 32249999 457394081 499002592 X THE MISSION OF THE KANSAS STATE UNIVERSITY FOUNDATION IS TO SECURE AND PRUDENTLY MANAGE PRIVATE GIFTS IN SUPPORT OF KANSAS STATE UNIVERSITY AND FOSTER A CULTURE THAT UNITES PHILANTHROPIC DESIRES WITH UNIVERSITY PRIORITIES. false true 45117052 36767440 3522389 KANSAS STATE UNIVERSITY ADMINISTRATIVE SUPPORT FOR CENTRAL ADMINISTRATION, COLLEGES AND ATHLETICS. EXPENDITURES INCLUDE MONIES TRANSFERRED AND OR EXPENDED FOR SALARIES FOR FACULTY AND STAFF, TRAVEL FOR CONFERENCES, SEMINARS, SPEAKERS, VISITING PROFESSORS, EMPLOYEE RECRUITMENT, PROFESSIONAL AND CONSULTING SERVICES, EQUIPMENT AND COMPUTING PURCHASES. ADDITIONALLY, MONIES ARE TRANSFERRED TO ATHLETICS FOR USE IN SUPPORT OF ACADEMIC SERVICES, SPORTS MEDICINE, EQUIPMENT AND COMPUTER PURCHASES, TRAVEL COSTS AS WELL AS CAPITAL IMPROVEMENTS. 11543567 11448522 199002 KANSAS STATE UNIVERSITY SCHOLARSHIPS--GENEROUS DONORS TO KANSAS STATE UNIVERSITY FOUNDATION HAVE PROVIDED ENDOWED AND EXPENDABLE FUNDS TO BE USED FOR PROVIDING SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS OF KANSAS STATE UNIVERISTY. APPROXIMATELY 4,500 STUDENTS RECEIVED SCHOLARSHIP ASSISTANCE DURING THE 11/12 ACADEMIC YEAR. 7912768 506225 131054 KANSAS STATE UNIVERSITY ACADEMIC SUPPORT. EXPENDITURES ARE MADE FOR THE PURCHASE OF COMPUTER HARDWARE & SOFTWARE, FURNITURE & EQUIPMENT, PROFESSIONAL SERVICES AND CONSULTATIONS, CLASSROOM & LAB SUPPLIES. 8167563 0 848036 72740950 true true false true false false false false false true true true false false true false false true false false true true true true true false false true true true false false false false false false false false true true false false false true true true false false true 214 0 true 127 true true true false false false false true true true 18 false false true false X 15 15 false false false false true true true true true false false true true true true true true true true false AK AZ CA CO DC GA KY ME MD MA MI MN NH NJ NY OH OK OR PA SC TN UT WA WV WI X X GREG LOHRENTZ 7855326266 2323 ANDERSON AVE STE 500 MANHATTAN KS 66502 JOHN ALLEN 5.0 1.0 X 0 0 0 JANET AYRES 5.0 0.0 X X 0 0 0 RANDY BERNEY 5.0 0.0 X 0 0 0 LEE BORCK 4.0 0.0 X 0 0 0 CHARLIE CHANDLER 4.0 0.0 X 0 0 0 RANDY COONROD 4.0 0.0 X X 0 0 0 SHARON EVERS 5.0 0.0 X 0 0 0 CURTIS FRASIER 5.0 1.0 X X 0 0 0 MIKE GOSS 10.0 0.0 X 0 0 0 STEPHEN LACY 5.0 0.0 X 0 0 0 KEVIN LOCKETT 5.0 0.0 X X 0 0 0 AMY BUTTON-RENZ 5.0 0.0 X 0 0 0 RICHARD MYERS 5.0 1.0 X X 0 0 0 BILL SANFORD TERM ENDED 092012 5.0 0.0 X 0 0 0 CARL ICE 5.0 1.0 X 0 0 0 MARY VANIER 5.0 0.0 X 0 0 0 FRED A CHOLICK 44.0 1.0 X 320529 0 35268 ALAN L KLUG 44.0 0.0 X 429722 0 24896 DAVID L WEAVER 44.0 0.0 X 444266 0 28643 GREG LOHRENTZ 40.0 5.0 X 222529 0 36093 BRENDA GUENTHER 40.0 5.0 X 115097 0 14578 SHANE G GIESE 45.0 0.0 X 212951 0 27979 WILLIAM M GREVAS 45.0 0.0 X 121040 0 16530 LOIS D COX 45.0 0.0 X 133762 0 24832 JULIE LEA 45.0 0.0 X 111880 0 23792 TRESA L WEAVER 45.0 0.0 X 125435 0 16495 MITZI M RICHARDS 45.0 0.0 X 112637 0 27747 GARY HELLEBUST 0.0 0.0 X 227276 0 0 2577124 0 276853 14 true true false HUTTON CONSTRUCTION CORPORATION CONSTRUCTION 3249824 COMPTON CONSTRUCTION CORPORATION CONSTRUCTION 850789 MCCOWN GORDON CONSTRUCTION CONSTRUCTION 614983 THE LAW COMPANY INC CONSTRUCTION 403996 LATHROP GAGE LAW OFFICES LEGAL SERVICES 398518 17 898647 765074 90793058 15805666 92456779 Program Service Revenues 900099 4128454 4128454 4128454 1637253 1637253 0 275077 275077 332621 273653 58968 0 58968 -94512 153480 92727937 2769375 65695755 1880329 27032182 889046 27921228 644995 27276233 828325 765074 790355 37970 37970 0 0 Sole Source Contract & Reimb 900099 4281576 4281576 Partnership & Other Investment Income 525990 241879 21544 220335 All Other Misc Revenue 900099 207173 207173 207173 207173 4730628 131246357 4128454 572027 34089097 38188004 38188004 10231814 10231814 302369 302369 0 1375853 962265 413588 0 5484044 496205 999836 3988003 391195 27150 88708 275337 689859 45456 136954 507449 422662 27245 79043 316374 0 132528 2775 129753 92244 92244 7828 7828 369600 369600 164800 164800 3089675 2841924 5997 241754 315528 96461 35714 183353 1826838 1389795 92851 344192 3789088 3477767 311321 0 541629 376992 164637 1970024 1452354 53159 464511 0 460723 184011 97775 178937 93984 93984 0 179857 8795 171062 285444 261460 23984 CONSTRUCTION 5718487 5718487 EQUIPMENT & FURNISHINGS 3151905 3151905 OFFICIAL HOSPITALITY 1827035 1827035 FILING FEES & SERVICE CHARGE 573449 382727 190722 2293033 2148407 11656 132970 83969499 72740950 3812481 7416068 0 0 37171041 56218633 38924048 48189427 2381699 2670217 98785 0 0 0 335228 340761 0 0 0 0 13420511 2548451 31018270 10872060 198156200 220028783 178906437 188164057 4311532 4768653 0 0 0 0 491303240 531252591 3645990 2273212 0 0 0 0 0 0 0 0 0 0 1685402 326477 0 0 28577767 29650310 33909159 32249999 X 50673340 59609283 136735430 165588955 269985311 273804354 457394081 499002592 491303240 531252591 X 47276858 14382382 -20050729 X false true X true false X 48870396 52317665 70353584 63337465 92456779 327335889 0 0 48870396 52317665 70353584 63337465 92456779 327335889 18192752 309143137 1880234 1398259 1910522 1326746 2244951 8760712 0 12548 0 0 372638 385186 5327696 5777563 7136267 4950935 4730628 27923089 364404876 14031783 0.84835 0.85099 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 7828 7828 false LOBBYING ACTIVITIES SCHEDULE C, PART II-B, LINE 1I DIRECT EXPENSES FOR PROVIDING INFORMATION REGARDING ISSUES AFFECTING KANSAS STATE UNIVERSITY 365505641 27756550 29250303 7001754 4615633 37508 410857599 373508336 29194839 -10069040 6331694 20235617 561183 365505641 318507228 23065868 52771682 4279316 14411862 2145264 373508336 284970556 13437455 28574060 5529575 2515195 430073 318507228 377571367 16145871 -94812253 7125201 6001670 807558 284970556 0.19000 0.69000 0.12000 false false 5118030 5118030 4329984 2691105 1642509 5378580 4544 1276848 905942 375450 10872060 PARTNERSHIPS & OTHER INVEST. 188164057 F 188164057 0 UNITRUST/ANNUITY 20164131 ASSETS HELD FOR OTHERS 9486179 29650310 176914139 14382382 214301 31489399 46086082 130828057 418300 418300 131246357 85590321 214301 1415316 1629617 83960704 8795 8795 83969499 INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE FOUNDATION HOLDS PERMANENT ENDOWMENTS IN PERPETUITY. INVESTING THE PRINCIPAL AND USING A PORTION OF THE ANNUAL INVESTMENT RETURN TO SUPPORT THE PURPOSE DESIGNATED BY THE DONOR. UNCERTAIN TAX POSITIONS DISCLOSURE SCHEDULE D, PART X, LINE 2 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. RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XI, LINES 2D & 4B LINE 2D: FUNDRAISING EVENT EXPENSES $ 790,355 ELIMINATE SUPPORTING ORG REVENUE $ 30,699,044 ------------ $ 31,489,399 LINE 4B: DEPRECIATION ON PROGRAM SERVICE ASSETS $ 8,795 RENTAL EXPENSE/GAIN ON SALE $ 409,505 ------------ $ 418,300 RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XII, LINE 2D LINE 2D: FUNDRAISING EVENT EXPENSES $ 790,355 RENTAL EXPENSES ON UBIT PROPERTIES $ 50,484 ELIMINATE SUPPORTING ORGANIZATION EXPENSES $ 574,477 ------------ $ 1,415,316 LINE 4B: DEPRECIATION ON PROGRAM SERVICE ASSETS $ 8,795 true Central America and the Caribbean Grantmaking 27550 East Asia and the Pacific Grantmaking 128074 Europe (Including Iceland and Greenland) Grantmaking 54169 Middle East and North Africa Grantmaking 5625 North America Grantmaking 11081 Russia and the Newly Independent States Grantmaking 500 South America Grantmaking 24647 South Asia Grantmaking 34457 Sub-Saharan Africa Grantmaking 16265 Central America and the Caribbean Investments 50932784 51235152 51235152 NORTH AMERICA MOVING EXP 6706 CASH SOUTH AMERICA TRAVEL 7097 CASH EUROPE (INCLUDING ICELAND AND GREENLAND) SOFTWARE 18082 CASH 1 5 SCHOLARSHIP CENTRAL AMERICA AND THE CARIBBEAN 8 27550 CASH SCHOLARSHIP EAST ASIA AND THE PACIFIC 86 100119 CASH SCHOLARSHIP EUROPE (INCLUDING ICELAND AND GREENLAND) 21 24534 CASH SCHOLARSHIP MIDDLE EAST AND NORTH AFRICA 9 5625 CASH SCHOLARSHIP NORTH AMERICA 3 4375 CASH SCHOLARSHIP RUSSIA AND THE NEWLY INDEPENDENT STATES 1 500 CASH SCHOLARSHIP SOUTH AMERICA 10 17550 CASH SCHOLARSHIP SOUTH ASIA 24 34457 CASH SCHOLARSHIP SUB-SAHARAN AFRICA 14 16265 CASH TRAVEL EAST ASIA AND THE PACIFIC 11 27955 CASH TRAVEL EUROPE (INCLUDING ICELAND AND GREENLAND) 6 11553 CASH true false false true true false PROCEDURES FOR MONITORING GRANTS SCHEDULE F, PART I, LINE 2 THE FOUNDATION REQUIRES DETAILED SUPPORTING DOCUMENTATION FOR ALL EXPENDITURES. ANNUAL TRAINING OF ACCOUNTING PERSONNEL IS PROVIDED TO ENSURE THAT SPENDING IS IN ACCORDANCE WITH DONOR INTENT. SCHOLARSHIP REQUESTS FROM FUNDS ARE CORRDINATED THROUGH THE OFFICE OF STUDENT FINANCIAL ASSITANCE (SFA) FOR KANSAS STATE UNIVERSITY. SFA DETERMINES WHETHER THE STUDENT MEETS THE REQUIREMENTS STIPULATED BY THE DONOR. X X X X X X true RUFFALOCODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 524063018 TELEMARKET- ING PROGRAM false 2012027 369600 1642427 2012027 369600 1642427 AK AZ CA CO CT DC GA HI KY ME MD MA MI MN MS MO NH NJ NY OH OK OR PA SC TN UT VA WA WV WI WABASH CANNONBA 436590 346175 90415 0 11130 19068 73813 3675 113192 POWERCAT AUCTIO 299673 77025 222648 0 0 2260 26331 800 16290 30 788234 326087 462147 925 0 14526 206341 81837 168279 1524497 749287 775210 925 11130 35854 306485 86312 297761 738467 36743 true K-STATE ATHLETICS INC 1800 COLLEGE AVE MANHATTAN KS 66502 486098838 501(C)(3) 33523277 SCHOLARSHIPS/SUPPORT K-STATE ATHLETICS INC 1800 COLLEGE AVE MANHATTAN KS 66502 486098838 501(C)(3) 6837817 VARIOUS SEE PART IV DEPT & STUDENT ATH SUPPORT KANAS STATE UNIVERSITY ALUMNI ASSOCIATION 1720 ALUMNI CENTER MANHATTAN KS 66502 480495055 501(C)(3) 1634623 SCHOLARSHIPS/SUPPORT KANAS STATE UNIVERSITY ALUMNI ASSOCIATION 1720 ALUMNI CENTER MANHATTAN KS 66502 480495055 501(C)(3) 33386 VARIOUS SEE PART IV SUPPORT KANSAS STATE UNIVERSITY ANDERSON HALL MANHATTAN KS 66506 480771751 GOVERNMENT 2963621 SCHOLARSHIPS/SUPPORT KANSAS STATE UNIVERSITY ANDERSON HALL MANHATTAN KS 66506 480771751 GOVERNMENT 8908997 VARIOUS SEE PART IV SUPPORT MANHATTAN CHAMBER OF COMMERCE 501 POYNTZ MANHATTAN KS 66502 480319620 501(C)(6) 40000 CORP PARTNER GRANT US DEPARTMENT OF EDUCATION GOVERNMENT 26483 AWARD REIMBURSEMENT 4 1 SCHOLARSHIPS FOR STUDENTS ATTENDING KANSAS STATE U 4396 10201834 OTHER AWARDS TO STUDENTS 50 29980 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. SCHEDULE I, PART I, LINE 2 THE FOUNDATION REQUIRES DETAILED SUPPORTING DOCUMENTATION FOR ALL EXPENDITURES. ANNUAL TRAINING OF ACCOUNTING PERSONNEL IS PROVIDED TO ENSURE THAT SPENDING IS IN ACCORDANCE WITH DONOR INTENT. SCHOLARSHIP REQUESTS FROM FUNDS ARE COORDINATED THROUGH THE OFFICE OF STUDENT FINANCIAL ASSITANCE (SFA) FOR KANSAS STATE UNIVERSITY. SFA DETERMINES WHETHER THE STUDENT MEETS THE REQUIREMENTS STIPULATED BY THE DONOR. DESCRIPTION OF NON-CASH ASSISTANCE SCHEDULE I, PART II, COLUMN G, LINES 2,4, & 6 LINE 2: MARKETABLE SECURITIES, HORSES FOR EQUESTRIAN TEAM, EQUIPMENT AND OTHER PERSONAL PROPERTY. LINE 4: MARKETABLE SECURITIES, FOOD AND BEVERAGE LINE 6: MARKETABLE SECURITIES, FARM AND REAL ESTATE, EQUIPMENT, AND COMPUTER SOFTWARE X X X X true true X X X false true false false false false false false false FRED A CHOLICK 250021 0 69716 0 792 0 20910 0 14358 0 355797 0 0 0 ALAN L KLUG 182994 0 0 0 246728 0 13005 0 11891 0 454618 0 0 0 DAVID L WEAVER 211676 0 6133 0 226458 0 15693 0 12950 0 472909 0 0 0 GREG LOHRENTZ 216287 0 0 0 6242 0 18887 0 17206 0 258622 0 0 0 SHANE G GIESE 205598 0 0 0 7353 0 17599 0 10380 0 240930 0 0 0 LOIS D COX 130280 0 3302 0 180 0 11316 0 13516 0 158594 0 0 0 GARY HELLEBUST 225856 0 0 0 1420 0 0 0 0 0 227276 0 0 0 OTHER COMPENSATION SCHEDULE J, PART I, LINE 1A KANSAS STATE UNIVERSITY FOUNDATION PAID FOR COMPANION TRAVEL FOR FRED CHOLICK. IT WAS NOT INCLUDED IN HIS W-2 BECAUSE MR. CHOLICK REIMBURSED KANSAS STATE UNIVERSITY FOUNDATION FOR THE COST OF THE COMPANION TRAVEL. KANSAS STATE UNIVERSITY FOUNDATION PAID FOR COUNTRY CLUB DUES FOR GREG LOHRENTZ. THE AMOUNT PAID FOR CLUB DUES WAS INCLUDED IN HIS W-2. KANSAS STATE UNIVERSITY FOUNDATION PAID FOR MOVING EXPENSES FOR SHANE GIESE AND BRENDA GUENTHER. THE AMOUNT PAID WAS INCLUDED IN THE INDIVIDUALS W-2'S. KANSAS STATE UNIVERSITY FOUNDATION PAID A TAX GROSS-UP PAYMENT TO ALAN KLUG. THE AMOUNT PAID WAS INCLUDED IN HIS W-2. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B ALAN KLUG AND DAVID WEAVER PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. ALAN KLUG $ 246,066 DAVID WEAVER $ 219,698 X 39 536499 APPRAISAL X 109602 COST OR SALES X 45194 COST OR SALES X 1 17000 APPRAISAL X 2 3212624 COST OR SALES X 188 9671323 SELLING PRICE X 2 5000 APPRAISAL X 10 6236 COST OR SALES X 2 5800 COST OR SALES X EQUIPMENT 37 1085684 COST OR SALES X LIVESTOCK 159 897260 APPRAISAL/SALES X MISCELLANEOUS 59 179257 COST OR SALES X AUCTION ITEMS 292 34187 COST OR SALES 20 false true false NUMBER OF CONTRIBUTIONS SCHEDULE M, PART I, COLUMN B THE AMOUNTS IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. SIGNIFICANT CHANGES TO PROGRAM SERVICE FORM 990, PART III, LINE 3 KANSAS STATE UNIVERISITY FOUNDATION FORMED KSU CHARITABLE REAL ESTATE FOUNDATION, A TYPE I SUPPORTING ORGANIZATION OF KANSAS STATE UNIVERSITY FOUNDATION, TO ACCEPT, HOLD AND MANAGE REAL PROPERTY FOR KANSAS STATE UNIVERSITY FOUNDATION. DURING THE FISCAL YEAR APPROXIMATELY $19.6 MILLION IN ASSETS WERE TRANSFERRED FROM KANSAS STATE UNIVERSITY FOUNDATION TO KSU CHARITABLE REAL ESTATE FOUNDATION. PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4D KANSAS STATE UNIVERSITY CONSTRUCTION PROJECTS, INCLUDING CONSTRUCTION AND PROFESSIONAL SERVICES ASSOCIATED WITH THE CONSTRUCTION & IMPROVEMENT OF BUILDINGS LOCATED ON THE CAMPUS OF KANSAS STATE UNIVERSITY. MEMBERS FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE KANSAS STATE UNIVERSITY FOUNDATION INCLUDE ALUMNI AND FRIENDS OF KANSAS STATE UNIVERSITY WITH A DEMONSTRATED RECORD OF DEDICATION AND/OR CONTRIBUTION TO THE WELL-BEING AND DEVELOPMENT OF KANSAS STATE UNIVERSITY. THESE INDIVIDUALS ARE ELECTED TO THE BOARD OF TRUSTEES OF THE KANSAS STATE UNIVERSITY FOUNDATION BY CURRENT MEMBERS OF THE BOARD OF TRUSTEES (A MAXIMUM OF 500 MEMBERS IS PROVIDED FOR IN THE BYLAWS). SERVING AS A MEMBER OF THE BOARD OF TRUSTEES IS MORE THAN HONORARY, IT ENCOURAGES ACTIVE PARTICIPATION IN A VARIETY OF ACTIVITIES CONTRIBUTING TO THE EDUCATIONAL AND FINANCIAL SUCCESS OF THE THE UNIVERSTIY AND THE FOUNDATION. HOWEVER, MEMBERS OF THE BOARD OF TRUSTEES SHALL NOT HAVE ANY FIDUCIARY DUTY TO THE FOUNDATION OR THE OTHER MEMBERS. THE MEMBERS HAVE THE RIGHT TO ELECT MEMBERS OF THE BOARD OF DIRECTORS. THE MEMBERS ARE NOT ENTITLED TO RECEIVE A SHARE OF KANSAS STATE UNIVERSITY FOUNDATION'S NET ASSETS UPON DISSOLUTION. MEMBERS MAY ELECT GOVERNING BOARD FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES ELECT FROM ITS MEMBERSHIP, 14 PERSONS TO SERVE ON THE BOARD OF DIRECTORS, WHICH SHALL BE A SEPARATE AND DISTINCT BODY FROM THE BOARD OF TRUSTEES. THE CHIEF EXECUTIVE OFFICER OF THE ALUMNI ASSOCIATION BOARD OF DIRECTORS (OR DESIGNATE), MAKES UP THE 15TH MEMBER TO THE BOARD OF DIRECTORS. THE MANAGEMENT, CONTROL AND SUPERVISION OF THE BUSINESS AND AFFAIRS OF THE FOUNDATION SHALL BE VESTED IN THE BOARD OF DIRECTORS. GOVERNING BOARD DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS FOR THE FOUNDATION MAY BE AMENDED BY (i) A TWO-THIRDS (2/3) VOTE OF THOSE MEMBERS PRESENT AND ENTITLED TO VOTE AT ANY ANNUAL OR DULY CALLED SPECIAL MEETING OF THE BOARD OF TRUSTEES, PROVIDED THE PROPOSED AMENDMENTS HAVE BEEN SUBMITTED TO THE MEMBERS AT LEAST THIRTY (30) DAYS PRIOR TO SUCH MEETING; OR (ii) A MAJORITY VOTE OF THOSE DIRECTORS PRESENT AND ENTITLED TO VOTE AT ANY MEETING OF THE BOARD OF DIRECTORS. OTHERWISE, NO DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO APPROVAL BY THE BOARD OF TRUSTEES (MEMBERS). FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B The IRS Form 990 is prepared by the compliance officer of the Kansas State University Foundation. The form 990 is then reviewed by an independent accounting firm. Any questions or concerns that the Independent accountant has are addressed and any corrections or clarification that need to be made are made. The completed draft of the return is then reviewed by the Foundation's Sr. Vice-President, Finance & Audit/CFO/COO and the Vice-President for Finance and Compliance. Once all reviews are completed, the final return is provided to all members of the Board of Directors prior to filing the return with the IRS. The return is filed electronically with the IRS. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS OF THE FOUNDATION, MEMBERS OF ANY FOUNDATION COMMITTEE WITH BOARD-DELEGATED POWERS, AND KEY EMPLOYEES MUST COMPLETE THE CONFLICT OF INTEREST STATEMENT. ANY POTENTIAL CONFLICTS THAT ARE DISCLOSED ON THE COMPLETED STATEMENT ARE DISCUSSED AT A BOARD OF DIRECTORS MEETING. IT IS THE RESPONSIBILITY OF EACH PERSON WHO IS REQUIRED TO COMPLETE THE QUESTIONAIRE TO NOTIFY THE CHAIRMAN OF THE BOARD OF DIRECTORS AS SOON AS ANY POTENTIAL CONFLICT OF INTEREST MEASURE, CONTRACT, RESOLUTION, GRANT, OR OTHER TRANSACTION OCCURS. THE FOLLOWING PROCEDURES ARE REQUIRED FOR BOARD ACTION WHEN A CONFLICT OF INTEREST EXISTS: THE INTERESTED PERSON MAY MAKE A PRESENTATION AT A BOARD MEETING, BUT AFTER MUST LEAVE THE MEETING DURING THE VOTE ON THE TRANSACTION; THE BOARD MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES; THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF DISINTERESTED MEMBERS WHETHER THE TRANSACTION IS IN THE FOUNDATION'S BEST INTEREST; THE BOARD WILL FOLLOW ALL CONFLICTS OF INTEREST LAWS TO THE EXTENT THEY APPLY TO THE BOARD. COMPENSATION REVIEW FORM 990, PART VI, SECTION B, LINES 15A & 15B THE COMPENSATION COMMITTEE OF THE KANSAS STATE UNIVERSITY FOUNDATION REVIEWS THE COMPENSATION FOR THE PRESIDENT/CEO AND ALL OTHER OFFICERS AND KEY EMPLOYEES. IN ACCORDANCE WITH THE COMPENSATION POLICY COMPARABLE DATA IS REVIEWED AND CONTEMPORANEOUS MINUTES ARE MAINTAINED. AVAILABILITY OF DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THE KANSAS STATE UNIVERSITY FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEB-SITE AT WWW.FOUND.KSU.EDU RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 5 DEPRECIATION ON UBIT PROPERTIES $ 54,128 ACCUM DEPRECIATION-GAIN ON SALE OF PROPERTY $ (514,116) TRANSFER OF ASSETS TO RELATED ORGANIZATION $(19,590,741) ------------ $(20,050,729) KSU GOLF COURSE MGMT & RESEARCH FOUND 5200 COLBERT HILLS DR MANHATTAN KS 66503 742830002 GOLF COURSE KS 501(C)(3) 11A KSU FOUND true FOUNDATION FOR ENGINEERING AT KANSAS STA 2323 ANDERSON AVE SUITE 500 MANHATTAN KS 66502 263520449 SUPPORT KS 501(C)(3) 11A KSU FOUND true KANSAS STATE UNIVERSITY CHARITABLE GIFT 2323 ANDERSON AVE SUITE 500 MANHATTAN KS 66502 481248969 SUPPORT KS 501(C)(3) 11A KSU FOUND true KSU CHARITABLE REAL ESTATE FOUNDATION 2323 ANDERSON AVE STE 500 MANHATTAN KS 66502 453417512 REAL ESTATE KS 501(C)(3) 11A KSU FOUND true CHARITABLE REMAINDER TRUSTS (106) CHARITABLE TRUST KS KSU FOUNDATION TRUST true false true false false false false false false true false false true true true true true false true true KSU GOLF COURSE B 50000 CASH KSU GOLF COURSE R 99745 CASH KSU CHARITABLE REAL ESTATE FOUNDATION B 200000 CASH KSU CHARITABLE REAL ESTATE FOUNDATION I 19368891 FMV KSU CHARITABLE REAL ESTATE FOUNDATION M 55935 CASH KSU CHARITABLE REAL ESTATE FOUNDATION O 176471 CASH KSU CHARITABLE REAL ESTATE FOUNDATION P 109213 CASH