2023-11-15T17:14:43-05:00 2023-06-30 481041128 SWINDOLL JANZEN HAWK & LOYD LLC 220 W DOUGLAS AVE SUITE 300 WICHITA KS 67202 990 2022-07-01 486121167 WICHITA STATE UNIVERSITY FOUNDATION WICH 3169783810 1845 FAIRMOUNT CAMPUS BOX 2 WICHITA KS 672600002 ELIZABETH H KING PRESIDENT/CEO 3169783040 2023-11-15 true ELIZABETH KING 999009999 true ADAM L GRILLIOT CPAPFS P00930960 3162655600 2023-11-15 2022 2023-04-26 12:10:37Z ELIZABETH H KING 1845 FAIRMOUNT CAMPUS BOX 2 WICHITA KS 672600002 45864887 false X FOUNDATION.WICHITA.EDU X 1965 KS FUNDRAISING FOR WSU AND MANAGING THE CONTRIBUTIONS, INVESTMENTS AND DISTRIBUTING SUPPORT TO WSU. 20 19 92 19 745839 22569238 23477407 0 23454815 9339823 2824174 2999134 48848227 35816364 6861065 8097761 0 4983528 5798884 0 3790179 26744788 26540406 38589381 40437051 10258846 -4620687 377844366 374335716 18589553 16001941 359254813 358333775 X THE WICHITA STATE UNIVERSITY FOUNDATION, AS THE PRIVATE FUND RAISING ORGANIZATION OF THE UNIVERSITY, SEEKS TO ADVANCE THE MISSION OF THE UNIVERSITY BY IDENTIFYING, CULTIVATING AND SOLICITING PRIVATE SUPPORT FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS. PRIVATE CONTRIBUTIONS ARE NECESSARY TO SUPPORT THE PROGRAMS AND VISION OF THE UNIVERSITY. ITS PRIVATE STATUS ENSURES THE DONOR'S RIGHT OF ANONYMITY AND ITS ABILITY TO SUPPORT THE UNIVERSITY'S MISSION. THE FOUNDATION FURTHER SEEKS TO BUILD AND FOSTER RELATIONSHIPS WITH INTERNAL AND EXTERNAL CONSTITUENCIES, WHICH MUTUALLY BENEFIT THE UNIVERSITY, THE WICHITA COMMUNITY, AND THE STATE OF KANSAS. false false 8097761 8097761 THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS FOR USE IN ATTENDING WICHITA STATE UNIVERSITY IN ACCORDANCE WITH PROVISIONS ESTABLISHED BY THE DONOR. 24954670 THE FOUNDATION PROVIDES FOR FACULTY SALARY SUPPORT, DEPARTMENTAL OPERATING EXPENSES, AND BUILDING CONSTRUCTION AND MAINTENANCE IN ACCORDANCE WITH DONOR RESTRICTIONS. 33052431 true true false false false false true true false true true true false true false true true false false false false false false false false false false false true true false false false false false false false true true true false false true true false false false true 188 0 true 92 true true true false false false false true true false false false false false false false false X 20 19 true false false false false false false true true false false true true true true true true true true false X X SUSAN BARRETT 3169783810 1845 FAIRMOUNT WICHITA KS 672600002 ELIZABETH H KING PRESIDENT/CE 60.00 X X 425589 0 50098 SUSAN BARRETT VP FOR FINAN 55.00 X 210646 0 52887 J MICHAEL LAMB VP FOR PLANN 45.00 X 189656 0 43970 DARIN KATER VP OF DEVELO 45.00 X 187354 0 36182 PAMELA AMMAR DIRECTOR 1.00 X 0 0 0 DON BARRY DIRECTOR 1.00 X 0 0 0 SUSAYN BRANDES DIRECTOR 1.00 X 0 0 0 WAYNE CHAMBERS DIRECTOR 1.00 X 0 0 0 JEFF DEGRAFFENREID DIRECTOR 1.00 X 0 0 0 JUNETTA EVERETT DIRECTOR 1.00 X 0 0 0 MARK FINUCANE DIRECTOR 1.00 X 0 0 0 KELLI HARRISON DIRECTOR 1.00 X 0 0 0 SHADI MARCOS DIRECTOR 1.00 X 0 0 0 JANE MCHUGH AUDIT COMMIT 5.00 X X 0 0 0 LYNN NICHOLS CHAIR 10.00 X X 0 0 0 MARILYN PAULY DIRECTOR 1.00 X 0 0 0 DAN PEARE PAST BOARD C 5.00 X X 0 0 0 SHAWN PENNER TREASURER 5.00 X 0 0 0 JOHN ROLFE DIRECTOR 1.00 X 0 0 0 JAY SMITH CHAIR-ELECT 10.00 X X 0 0 0 MAGGIE TOPPING DIRECTOR 1.00 X 0 0 0 SHERYL WOHLFORD SECRETARY 5.00 X 0 0 0 1013245 183137 11 false true false DONDLINGER & SONS CONSTRUCTION CO PO BOX 398 WICHITA KS 67201 CONSTRUCTION 3913852 CLARK HUESEMANN LC 927 1/2 MASSACHUSETTS ST LAWRENCE KS 66044 ARCHITECTRUAL 487915 GLMV ARCHITECTURE INC 1525 E DOUGLAS AVE WICHITA KS 67211 ARCHITECTURAL 279315 GASTINGER & WALKER ARCHITECTS INC 817 WYANDOTE KANSAS CITY MO 64105 ARCHITECTURAL 162873 4 3346323 20131084 3083435 23477407 3469993 3469993 15918353 10048523 5869830 5869830 5869830 OTHER INCOME 611710 2253295 2253295 NGP NATURAL RESOURCES XI, LP 900099 464154 464154 MAIZE AVENUE, INC 900099 184250 184250 97435 97435 2999134 35816364 2253295 745839 9339823 8097761 8097761 644991 141248 271244 232499 3872740 44200 1594427 2234113 969128 417349 551779 312025 12808 128856 170361 298145 298145 34016 34016 UNIVERSITY SUPPORT 24662847 23235157 826263 601427 PROFESSIONAL FEES 1508626 1450469 58157 GENERAL & ADMIN 36772 36772 40437051 33052431 3594441 3790179 7812978 13957835 19489662 14236388 2154508 990697 1110891 1163811 102241490 91962044 222486128 227507780 24703217 25507858 377844366 374335716 18589553 16001941 18589553 16001941 X 13634533 17834133 345620280 340499642 359254813 358333775 377844366 374335716 -4620687 3699649 X false true X true false X 28361074 15053425 2413934 22569238 23477407 91875078 28361074 15053425 2413934 22569238 23477407 91875078 91875078 3558250 3601955 3460458 4150840 3469993 18241496 720416 58529 744839 1523784 111640358 10791251 0.82300 0.85400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 157.00 1 false 149650 18797175 X X X false 346513440 18203618 13379576 8097761 27076068 342922805 361346304 22198267 79961 6861065 30250027 346513440 313598305 18604707 56143356 6239445 20760619 361346304 330865225 15735656 -1169938 6015509 25817129 313598305 311617853 23361325 9259332 5811337 7561948 330865225 0.00710 0.32590 0.66700 true false 597175 597175 569141 106581 462560 988192 884116 104076 1163811 101532769 F VENTURE CAPITAL 101387586 F BENEFICIAL INTEREST IN TRUSTS 22106083 F INVESTMENT IN MAIZE AVE 2481342 F 227507780 ART COLLECTION 18797175 CSV - LIFE INSURANCE 5714848 LICENSE PLATE FUNDS 567684 OTHER ASSETS 428151 25507858 X 39544015 3699649 326147 4025796 35518219 298145 298145 35816364 40465053 326147 326147 40138906 298145 298145 40437051 SCHEDULE D, PAGE 1, PART II, LINE 9 NO IMPACT IN FISCAL YEAR 2023. THE CONSERVATION EASEMENT IS ACTUALLY WITH THE UNIVERSITY AND THE REVENUES WILL BE RECEIVED AND SPENT ON THE UNIVERSITY'S BOOKS, NOT ON THE FOUNDATION. THE FOUNDATION OWNS THE PROPERTY FOR THE BIOLOGY DEPARTMENT'S USE. SCHEDULE D, PAGE 2, PART III, LINE 4 THE ULRICH MUSEUM AND HOLMES ANTHROPOLGY MUSEUM PROVIDE LEARNING OPPORTUNITIES FOR STUDENTS AND FACULTY IN BOTH THE COLLEGE OF FINE ARTS AND LIBERAL ARTS & SCIENCES, WHERE THE ANTHROPOLOGY DEPARTMENT IS LOCATED. THE COLLECTIONS OF BOTH ARE USED BY FACULTY MEMBERS IN TEACHING STUDENTS. THE FOUNDATION'S NONPROFIT STATUS IS TO SERVE AS THE FUNDRAISING ARM OF THE UNIVERSITY WHICH WOULD INCLUDE ANY TOOLS USED BY STUDENTS AND FACULTY. SCHEDULE D, PAGE 2, PART V, LINE 4 SUPPORT TO WSU THROUGH SCHOLARSHIPS/FELLOWSHIPS, FACULTY SUPPORT, BUILDING PROJECTS, AND OTHER PRIORITIES FOR THE UNIVERSITY. SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B) (1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE SINGLE MEMBER LLC DOES NOT INCUR INCOME TAXES; INSTEAD, ITS EARNINGS ARE INCLUDED IN THE FOUNDATIONS INCOME TAX RETURN AND TAXED DEPENDING ON THE FOUNDATIONS TAX SITUATION. THE CONSOLIDATED FINANCIAL STATEMENTS, THEREFORE, DO NOT INCLUDE A PROVISION FOR INCOME TAXES FOR THE LLC. THE ORGANIZATIONS PRESENT ACCOUNTING POLICY FOR THE EVALUATION OF UNCERTAIN TAX POSITIONS IS TO REVIEW THOSE POSITIONS ON AN ANNUAL BASIS. A LIABILITY WOULD BE RECORDED IN THE FINANCIAL STATEMENTS DURING THE PERIOD WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES AND THE LIABILITY WOULD BE INCURRED BY THE FOUNDATION. THE ORGANIZATION DID NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023. true STUDENT SCHOLARSHIPS 2205 8097761 CASH SCHEDULE I, PAGE 1, PART I, LINE 2 SEPARATE FUNDS ARE SET UP IN THE FOUNDATION'S FINANCIAL SOFTWARE (BLACKBAUD FINANCIAL EDGE) - THE FOUNDATION MAINTAINS FUND ACCOUNTING TO MONITOR EACH FUNDS ACTIVITY. 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SECURITIES ARE SOLD BY A BROKERAGE FIRM FORM 990 - ORGANIZATION'S MISSION THE WICHITA STATE UNIVERSITY FOUNDATION, AS THE PRIVATE FUND RAISING ORGANIZATION OF THE UNIVERSITY, SEEKS TO ADVANCE THE MISSION OF THE UNIVERSITY BY IDENTIFYING, CULTIVATING AND SOLICITING PRIVATE SUPPORT FROM INDIVIDUALS, CORPORATIONS AND FOUNDATIONS. PRIVATE CONTRIBUTIONS ARE NECESSARY TO SUPPORT THE PROGRAMS AND VISION OF THE UNIVERSITY. ITS PRIVATE STATUS ENSURES THE DONOR'S RIGHT OF ANONYMITY AND ITS ABILITY TO SUPPORT THE UNIVERSITY'S MISSION. THE FOUNDATION FURTHER SEEKS TO BUILD AND FOSTER RELATIONSHIPS WITH INTERNAL AND EXTERNAL CONSTITUENCIES, WHICH MUTUALLY BENEFIT THE UNIVERSITY, THE WICHITA COMMUNITY, AND THE STATE OF KANSAS. FORM 990, PAGE 6, PART VI, LINE 2 MARILYN B. PAULY BOARD MEMBER JAY SMITH BOARD MEMBER FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S AUDIT COMMITTEE PRIOR TO SUBMITTING THE RETURN TO THE INTERNAL REVENUE SERVICE. THE 990 IS AVAILABLE ON OUR WEBSITE AND OUR BOARD IS APPRISED OF THE OPTION TO REVIEW IT THERE. FORM 990, PAGE 6, PART VI, LINE 12C POLICY IS REVIEWED ANNUALLY AND FORM IS SIGNED BY EACH DIRECTOR OF THE BOARD THAT THEY UNDERSTAND AND ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD CHAIR AND EXECUTIVE COMMITTEE REVIEW AND APPROVES THE PRESIDENT'S AND CEO'S SALARY. AN ANNUAL COMPARISON OF SALARIES TO THE KS BOARD OF REGENTS INSTITUTIONS AND WASHBURN UNIVERSITY IS PERFORMED. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION REVIEWS SALARY POOLS WITH THE EXECUTIVE COMMITTEE AND THE PRESIDENT & CEO REVIEWS THE VP'S SALARY CHANGES WITH THE BOARD CHAIR. AN ANNUAL COMPARISON OF SALARIES TO THE KS BOARD OF REGENTS INSTITUTIONS AND WASHBURN UNIVERSITY IS PERFORMED. FORM 990, PAGE 6, PART VI, LINE 19 AT THE CURRENT TIME, THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. A COPY OF THE FORM 990 IS AVAILABLE ON THE ORGANIZATION'S WEBSITE AND A COPY OF THE AUDIT IS AVAILABLE UPON REQUEST AS NOTED ON THE WEBSITE. WSUF REAL ESTATE HOLDING LLC 1845 FAIRMOUNT CAMPUS BOX 2 WICHITA KS 67260 REAL ESTAT KS 285264 3949520 WSU FOUND MAIZE AVENUE INC 1826 SADDLE CREEK WICHITA KS 67209 480915622 REAL ESTAT KS N/A false false false false false false true false false false false false false false false false false false false false MAIZE AVENUE INC F 328350 CASH