2023-11-13T07:47:07-06:00 2022-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2022-01-01 731019001 PANHANDLE STATE FOUNDATION PANH 5803491394 PO BOX 430 GOODWELL OK 73939 CHYANNA BLACK EXECUTIVE DIRECTOR 5803491394 2023-11-08 1 CHYANNA BLACK 999009999 0 KERRI N BOGDA CPA P00760402 7177404863 2023-11-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHYANNA BLACK PO BOX 430 GOODWELL OK 73939 2328636 0 X WWW.OPSU.EDU X 1961 OK PROVIDES SCHOLARSHIPS AND GENERAL SUPPORT FOR THE OKLAHOMA PANHANDLE STATE UNIVERSITY. 23 23 3 23 -2456 0 1052676 1019722 0 0 993705 865668 1677 1690 2048058 1887080 1125939 1294069 0 0 109850 119244 0 0 0 27821 20761 1263610 1434074 784448 453006 20788449 19051052 241169 303530 20547280 18747522 TO PROVIDE EDUCATIONAL EXPERIENCES THAT ARE DESIGNED TO ENRICH THE PERSONAL LIVES OF STUDENTS AND TO PREPARE THEM FOR ROLES IN AGRICULTURE, BUSINESS, EDUCATION, GOVERNMENT, AND INDUSTRY. 0 0 875214 779819 1887081 THE FOUNDATION PROVIDES FUNDING TO THE OKLAHOMA PANHANDLE STATE UNIVERSITY TO SUPPORT VARIOUS EDUCATION PROGRAMS AND PROJECTS. THE FOUNDATION PROVIDED $45,000 TO THE PRESIDENTIAL SUPPORT FUND FOR DISCRETIONARY USE; PROVIDED FUNDING FOR THE MASONIC ENRICHMENT PROGRAM TO SUPPORT THE ART JUBILEE AND A READING SERIES FOR STUDENTS AND COMMUNITY MEMBERS; AND PROVIDED SUPPORT TO THE BAUGHMAN FUND THAT SUPPORTS THE STUDENT TEACHING PROGRAM AND FACULTY CONTINUING EDUCATION. 514250 514250 THE FOUNDATION PROVIDES FUNDING TO THE OKLAHOMA PANHANDLE STATE UNIVERSITY (OPSU) FOR STUDENT SCHOLARSHIPS. THE TOTAL NUMBER OF SPRING AND FALL SCHOLARSHIPS AWARDED IN 2022 WAS 474. THE FOUNDATION ALSO PROVIDED $115,000 PER SEMESTER FOR GENERAL SCHOLARSHIP USE. 1389464 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 OK X CHYANNA BLACK 5803491394 PO BOX 430 GOODWELL OK 73939 JIMMY QUIMBY PRESIDENT 1.00 X X 0 0 0 TRAVIS WOLF 1ST VICE PRESIDENT 1.00 X X 0 0 0 DIANE MURPHEY 2ND VICE PRESIDENT 1.00 X X 0 0 0 CAROL ALTOM DIRECTOR 1.00 X 0 0 0 BENNY DAIN DIRECTOR 1.00 X 0 0 0 RUSSELL EDENBOROUGH DIRECTOR 1.00 X 0 0 0 JOHN LUKE FREEMAN DIRECTOR 1.00 X 0 0 0 LAYNE GREESON DIRECTOR 1.00 X 0 0 0 DONNA LOGAN DIRECTOR 1.00 X 0 0 0 LLOYD LOOPER DIRECTOR 1.00 X 0 0 0 TODD MASON DIRECTOR 1.00 X 0 0 0 TIPHANIE MATHIS DIRECTOR 1.00 X 0 0 0 ROGER MCKINNON DIRECTOR 1.00 X 0 0 0 TROY MORRIS DIRECTOR 1.00 X 0 0 0 JIM OBLANDER DIRECTOR 1.00 X 0 0 0 ZAC PERKINS DIRECTOR 1.00 X 0 0 0 KIM PETERSON DIRECTOR 1.00 X 0 0 0 DAVID PETTY DIRECTOR 1.00 X 0 0 0 MIKE ROBERSTON DIRECTOR 1.00 X 0 0 0 JACK STRAIN DIRECTOR 1.00 X 0 0 0 DR KENNETH WOODWARD DIRECTOR 1.00 X 0 0 0 LOUISE WYRICK DIRECTOR 1.00 X 0 0 0 SHAREN WILSON DIRECTOR 1.00 X 0 0 0 CHYANNA BLACK EXECUTIVE DIRECTOR (AS OF 7/22) 37.50 X 0 53189 10266 DORIS LOOPER EXECUTIVE DIRECTOR (TERMED 7/22) 37.50 X 44692 0 0 44692 53189 10266 0 0 0 0 0 1019722 1019722 773204 -2456 775660 1690 1690 534020 441556 92464 92464 92464 1887080 0 -2456 869814 779819 779819 514250 514250 44692 35753 8939 50860 40688 10172 7089 5671 1418 10016 8013 2003 6587 5270 1317 382 382 13900 13900 1617 1617 2900 2900 286 286 1461 1461 215 215 1434074 1389464 44610 0 134840 127910 190000 190000 5000 5000 5000 19699791 18064570 141941 174033 616877 489539 20788449 19051052 15755 69251 225414 234279 241169 303530 X 10885489 4501718 9661791 14245804 20547280 18747522 20788449 19051052 X 453006 -2127037 -125727 X 0 1 X 1 0 X 1766134 2811874 1103128 1052676 1019722 7753534 5170 21015 26185 1771304 2811874 1103128 1052676 1040737 7779719 7779719 725376 720794 580191 993705 777350 3797416 11577135 0.67200 0.68460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 13192486 132394 -890123 12434757 0.00000 0.63000 0.37000 1 0 5000 5000 5000 X -344669 -2127037 21015 -125727 -2231749 1887080 0 1887080 1455089 21015 21015 1434074 0 1434074 PART IV, LINE 2B: THE FOUNDATION HOLDS FUNDS AS CUSTODIAN FOR THE ALUMNI ASSOCIATION. PART V, LINE 4: THE ENDOWMENT FUND IS DESIGNATED FOR STUDENT SCHOLARSHIPS AT THE OKLAHOMA PANHANDLE STATE UNIVERSITY. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX ON ITS EXEMPT INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INTEREST OF PERPETUAL TRUST -125,727. 1 OKLAHOMA PANHANDLE STATE UNIVERSITY PO BOX 430 GOODWELL OK 73939 736017987 779819 0 CONSTRUCTION, PROFESSIONAL DEVELOPMENT, AND SUPPORT TO THE UNIVERSITY CLUB ACTIVITIES. 1 SCHOLARSHIPS FOR TUITION 474 514250 PART I, LINE 2: THE FOUNDATION ONLY PROVIDES DONATIONS TO ITS RELATED ENTITY, OKLAHOMA PANHANDLE STATE UNIVERSITY (OPSU), AND THUS DOES NOT TRACK THE FUNDS GIVEN AFTER DISBURSEMENTS HAVE BEEN MADE. THE UNIVERSITY USES SPECIFIC CRITERIA AS DIRECTED BY DONORS TO DETERMINE WHICH STUDENTS ARE QUALIFIED FOR SCHOLARSHIPS AND AWARDED SCHOLARSHIPS. THE SCHOLARSHIPS ARE OFFERED TO ALL STUDENTS WHO WILL BE ATTENDING OPSU. APPLICATIONS ARE ACCEPTED ONCE A YEAR. FORM 990, PART VI, SECTION A, LINE 2 THE FORMER EXECUTIVE DIRECTOR, DORIS LOOPER, HAD A FAMILY RELATIONSHIP WITH TWO BOARD MEMBERS. BOARD MEMBER LLOYD LOOPER IS HER SPOUSE AND TIPHANIE MATHIS IS HER DAUGHTER. FORM 990, PART VI, SECTION B, LINE 11B CHYANNA BLACK, EXECUTIVE DIRECTOR, PERFORMS AN INITILAL REVIEW OF THE RETURN. THE RETURN IS THEN PROVIDED TO BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION'S BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR OF THE FOUNDATION AND DOCUMENTS THE PROCESS IN THE BOARD MEETING MINUTES. THE BOARD OF DIRECTORS CONSULT WITH THE OPSU PRESIDENT AND USE COMPARABILITY DATA BASED ON OTHER COMPARABLE DIRECTOR POSITIONS WITHIN THE UNIVERSITY. PERIODIC COST OF LIVING RAISES ARE GIVEN AT THE DISCRETION OF THE BOARD DURING THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND ARE AVAILABLE BY REQUEST FROM THE FOUNDATION OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST OF PERPETUAL TRUST -125,727. OKLAHOMA PANHANDLE STATE UNIVERSITY PO BOX 430 GOODWELL OK 73939 736017897 HIGHER EDUCATION OK PUBLIC UNIVERSITY N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1