2023-11-02T12:24:20-07:00 2022-12-31 990 2022-01-01 742736740 SOUTHWESTERN FOUNDATION SOUT 5128631956 1001 East University Ave Georgetown TX 78626 Lenora Chapman VP for Finance & Administration 5128631454 2023-11-02 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Lenora Chapman 1001 E University Ave Georgetown TX 78626 37827 0 X www.southwestern.edu/finance-admin/southwestern-foundation X 1993 TX The Southwestern Foundation is administered solely for the benefit and support of Southwestern University. 5 2 0 0 0 0 12787 9104 0 0 0 27836 0 0 12787 36940 0 0 0 0 0 0 0 0 0 12787 37827 12787 37827 0 -887 83227 82340 0 0 83227 82340 To support Southwestern University. The purposes for which Southwestern Foundation is organized and operated are exclusively for charitable, scientific, literary, and educational purposes, and in accomplishment of such purposes, the Foundation is administered solely for the benefit and support of Southwestern University. In doing so, the Foundation also maintains real or personal property, or both, and uses and applies the income there from and the principal thereof exclusively for charitable and educational purposes for the benefit of Southwestern University. 0 0 37827 0 0 The Foundation, as described in the mission statement in Part III above, in part, manages real property for the benefit of Southwestern University. As of January 1, 2022, the Foundation was legal owner of a 76.85% percent undivided interest in land near Leander, Texas. In September 2022, 1.773 acres of the land were sold to the City of Leander for a Wastewater Easement. Expenses for 2022 are detailed in Part IX. 0 0 0 37827 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Robert Leonard 5128631956 1001 East University Ave Georgetown TX 78626 X Laura Skandera Trombley Trustee & President 0.10 39.90 X X 0 692627 128471 Lenora Chapman Trustee 0.10 39.90 X 0 281770 32046 Kent Huntsman Trustee & Assistant Secretary 0.10 39.90 X X 0 154521 30441 R Griffin Lord Trustee & Treasurer 0.10 2.10 X X 0 0 0 Stephen G Tipps Trustee & Vice President 0.10 3.80 X X 0 0 0 0 1128918 190958 0 0 1 0 0 0 0 0 9104 0 0 0 9104 0 0 0 0 28723 0 887 0 27836 27836 27836 0 0 0 0 36940 27836 0 0 X 13625 13625 57 57 24145 24145 37827 37827 0 0 82340 0 83227 82340 83227 82340 0 0 X 83227 82340 0 0 83227 82340 83227 82340 -887 0 0 0 0 0 X 0 1 1 0 X X 1 Southwestern University 741233796 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 82340 0 82340 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 82340 0 0 0 0 0 0 0 0 0 Laura Skandera Trombley Trustee & President 0 642405 0 21500 0 28722 0 20350 0 108121 0 821098 0 0 Lenora Chapman Trustee 0 281770 0 0 0 0 0 19796 0 12250 0 313816 0 0 Kent Huntsman Trustee & Assistant Secretary 0 154521 0 0 0 0 0 11001 0 19440 0 184962 0 0 Form 990, Part VI, Section B, Line 11b The final draft of the prepared return is provided to all Trustees for review, questions, and comment before the Form 990 is electronically filed with the IRS. Form 990, Part VI, Section B, Line 12c Each Trustee and Officer annually received a copy of the Conflict of Interest Policy and Independent Policy. Each Trustee and Officer is required to complete an Independence Questionnaire; each Trustee and Officer is required to acknowledge the policies and report any conflicts of independence exceptions. The Audit Committee of Southwestern University is responsible for the oversight of the IRS 990 and Conflicts/Independence policies and annually reviews the process and exceptions all for and on behalf of Southwestern University and Southwestern Foundation. Form 990, Part VI, Section B, Line 15 Line 15 is not applicable. No compensation is paid to Foundation Officers by Southwestern Foundation. Form 990, Part VI, Section C, Line 19 The Foundation's governing documents, Conflicts of Interest Policy, Form 990, and other related documents are posted on the Southwestern University website at www.southwestern.edu/finance-admin/southwestern-foundation. Form 990, Part VII, Section A, Line 1a Average hours per week: Trombley, Chapman, and Huntsman are employees of related organization, Southwestern University. Hours per week devoted are .1 hour for Southwestern Foundation and 39.9 hours for Southwestern University. Form 990, Part IX, Line 11g The expenses paid in 2022 were plat engineering fees and legal fees. Form 990, Part IX, Line 16 This represents property taxes paid in 2022. Southwestern University 1001 East University Ave Georgetown TX 78626 741233796 4-year college (educational purpose & activities) TX 501(c)(3) 170(b)(1)(A)(ii) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Schedule R, Part V, Line 1n The Foundation Officers and Trustees use facilities and offices of the related organization, Southwestern University, to conduct the work of Southwestern Foundation. Schedule R, Part V, Line 1o The Foundation Officers (Trombley and Huntsman) and one Trustee (Chapman) are also employees of the related organization, Southwestern University. These employees of Southwestern University also devote time toward the accomplishment of the purpose/mission of Southwestern Foundation. The only compensation received is the amount paid by Southwestern University as reported on the Forms 990 for the University and the Foundation.