2024-05-15T16:49:50+00:00 2023-06-30 440160260 FORVIS LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2022-07-01 486088461 Emporia State University Foundation EMPO 6203415440 1500 Highland Street Emporia KS 66801 Jennifer Sauder CFO/Corp Treasurer 6203415440 2024-05-15 true Jennifer Sauder 999009999 true Michael J Engle P00482834 8162216300 2022 2023-04-26 12:10:37Z Jennifer Sauder 1500 Highland Street Emporia KS 66801 39239011 false X WWW.EMPORIA.EDU/FOUNDATION-GIVING/ X 1952 KS INSPIRING PHILANTHROPY TO CHANGE LIVES AT EMPORIA STATE UNIVERSITY. 15 15 59 51 -114797 0 8653345 16628420 0 0 7964557 5200333 3257723 1743053 19875625 23571806 6576212 6439693 0 0 1762867 2011843 32482 32886 1629711 970396 1415434 9341957 9899856 10533668 13671950 135616092 150852724 1833405 2119170 133782687 148733554 RAISING AND MANAGING PHILANTHROPIC RESOURCES TO ADVANCE THE MISSION OF EMPORIA STATE UNIVERSITY. false false 6439693 6439693 0 SCHOLARSHIPS, GRANTS AND PAYMENTS TO EMPORIA STATE UNIVERSITY FOR GROWTH AND DEVELOPMENT OF CAMPUS AND ACADEMIC ACTIVITIES. 209016 0 0 VARIOUS RELATED EXPENSES INCURRED IN THE OPERATION OF THE FOUNDATION PROGRAM TO PROVIDE SCHOLARSHIPS AND PROMOTE THE GROWTH OF EMPORIA STATE UNIVERSITY. 6648709 true true 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 true false false false false true true false false false true 16 0 true 59 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 true true true true true true false false KS X SHANE SHIVLEY 6203415440 1500 HIGHLAND ST EMPORIA KS 66801 DIANE BEATTY EXECUTIVE MEMBER, CHAIR 1.0 0 X X 0 0 0 GREG KOSSOVER EXECUTIVE MEMBER, 2ND VICE CHAIR 1.0 0 X X 0 0 0 JASON FANNING EXECUTIVE MEMBER, VICE CHAIR 1.0 0 X X 0 0 0 ANGEL ZIMMERMAN EXECUTIVE MEMBER 1.0 0 X 0 0 0 ANGELA WATSON EXECUTIVE MEMBER 1.0 0 X 0 0 0 CARLA SMITH EXECUTIVE MEMBER 1.0 0 X 0 0 0 CYNTHIA EISENHAUER EXECUTIVE MEMBER 1.0 0 X 0 0 0 DEBBIE WYNN EXECUTIVE MEMBER 1.0 0 X 0 0 0 DENISE KRUSE EXECUTIVE MEMBER 1.0 0 X 0 0 0 JOHN STIBAL EXECUTIVE MEMBER 1.0 0 X 0 0 0 LINDA HURT EXECUTIVE MEMBER 1.0 0 X 0 0 0 MICHAEL BURBACH EXECUTIVE MEMBER 1.0 0 X 0 0 0 MICHAEL GONZALES EXECUTIVE MEMBER 1.0 0 X 0 0 0 MUHAMMAD NASHATIZADEH EXECUTIVE MEMBER 1.0 0 X 0 0 0 TERRY YOUNG EXECUTIVE MEMBER 1.0 0 X 0 0 0 CHELSEA WILTZ CORPORATE SECRETARY BEG 10/22 40.0 0 X 6837 0 3654 JENNIFER COLLINS CORPORATE SECRETARY END 10/22 40.0 0 X 44916 0 12814 JENNIFER SAUDER CORPORATE TREASURER 45.0 0 X 87290 0 33420 SHANE SHIVLEY FOUNDATION PRESIDENT 45.0 0 X 181495 0 32359 BETHANY TEGTMEIER VP OF DEVELOPMENT 40.0 0 X 115211 0 25306 JENNIFER DENTON VP OF STEWARDSHIP & ADMINISTRATION 40.0 0 X 133307 0 33821 569056 0 141374 3 false true false 0 1654461 14973959 417269 16628420 0 0 0 0 0 2048531 2048531 27379 27379 6000 6000 0 6000 6000 18819007 15667205 3151802 0 3151802 3151802 PARTNERSHIP INCOME 900099 1682393 -114797 1797190 OTHER INCOME 900099 27281 27281 0 0 0 0 1709674 23571806 0 -114797 7058183 2746481 2746481 3693212 3693212 392546 314037 78509 1261033 77765 502959 680309 82575 1935 37311 43329 174107 2265 81579 90263 101582 1664 47378 52540 15295 15295 62250 62250 32886 32886 134066 134066 0 0 0 0 68700 161 29282 39257 508810 69604 234286 204920 51234 5586 38963 6685 111290 0 45584 65706 16402 16402 72943 22551 26684 23708 28779 11083 17696 0 BAD DEBT 309369 0 0 309369 MISCELLANEOUS 36296 0 34066 2230 0 0 0 0 9899856 6648709 1621436 1629711 589666 1256714 1009920 973938 4661268 12731773 629 294 0 0 0 0 205351 176400 33358 56430 3720142 1973831 1715666 1746311 64755735 70777107 49484534 49199242 78449 78449 13081516 13856066 135616092 150852724 397992 751456 20000 0 0 0 416442 391358 998971 976356 1833405 2119170 X 10681556 12310844 123101131 136422710 133782687 148733554 135616092 150852724 X 13671950 435565 0 0 0 843352 X false true X true false X 8984215 7798503 9512259 8653345 16628420 51576742 0 0 8984215 7798503 9512259 8653345 16628420 51576742 5405361 46171381 6402094 2132697 4125076 1945746 2081910 16687523 0 1860605 1323818 2033390 3247020 1824479 10289312 78553577 0 0.5878 0.5588 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - PARTNERSHIP INCOME, COLUMN A - 1824852.0, COLUMN B - 1295895.0, COLUMN C - 1725379.0, COLUMN D - 3208549.0, COLUMN E - 1797198.0, COLUMN F - 9851873.0; DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - 35753.0, COLUMN B - 27923.0, COLUMN C - 308011.0, COLUMN D - 38471.0, COLUMN E - 27281.0, COLUMN F - 437439.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20 145301 246263 1806954 true true 17225 X X X false 97388972 2179285 5692231 2796125 920875 1651318 99892170 100787819 3432354 -4134001 2058377 638823 97388972 79028761 2403679 23600078 2070000 581300 1593399 100787819 79116123 3454750 893324 2001800 572800 1860836 79028761 77134182 1775998 4600784 1921803 583697 1889341 79116123 0.026 0.69 0.284 false false 313263 313263 468846 2755205 1841670 1382381 165603 132161 33442 17225 17225 1746311 FUNDS OF HEDGE FUNDS 17919451 F PRIVATE EQUITY FUNDS 24627860 F REAL ESTATE PARTNERSHIPS 6651931 F 49199242 CSV LIFE INSURANCE 677207 BENEFICIAL INTEREST IN TRUSTS 13178859 13856066 ANNUITY & TRUST OBLIGATIONS 976356 976356 24731957 435565 15300 843352 1294217 23437740 134066 0 134066 23571806 9781090 15300 0 15300 9765790 134066 0 134066 9899856 Schedule D, Part V, Line 4 THE ENDOWMENT FUNDS ARE HELD FOR THE BENEFIT OF EMPORIA STATE UNIVERSITY BY PROVIDING SCHOLARSHIPS AND ASSISTANCE WITH OPERATING EXPENSES. 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. 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 XI, Line 2(d) Other revenues in audited financial statements not in form 990 CHANGE IN BENEFICIAL INTEREST OF PEPETUAL TRUST - 900764 ACTUARIAL GAIN - -57412 Central America and the Caribbean 0 0 Investments 27030929 0 0 0 0 0 0 27030929 0 27030929 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 32886 -32886 0 32886 -32886 KS true EMPORIA STATE UNIVERSITY 1 KELLOGG CIRCLE EMPORIA KS 66801 481124839 GOVERNMENT 2694922 UNIVERSITY OPERATION ALUMNI ASSOCIATION OF EMPORIA STATE UNIVERSITY 1500 HIGHLAND ST EMPORIA KS 66801 486115644 501(c)(3) 51559 OPERATIONAL SUPPORT 2 SCHOLARSHIPS 1424 3693212 Schedule I, Part I, Line 2 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. X true true X X X false false false false false false false false false SHANE SHIVLEY FOUNDATION PRESIDENT 181226 0 0 0 269 0 15617 0 16742 0 213854 0 0 0 JENNIFER DENTON VP OF STEWARDSHIP & ADMINISTRATION 133045 0 0 0 262 0 11832 0 21989 0 167128 0 0 0 Schedule J, Part I, Line 1a SOCIAL CLUB DUES ARE PAID FOR THE PRESIDENT TO ENTERTAIN DONORS. ANY PERSONAL USE IS TREATED AS TAXABLE COMPENSATION AND INCLUDED AS WAGES. X 32 386984 Market value X Auction items 63 17037 Market value X Piano 1 2750 Market value X Canoe 1 2050 Market value X Food 1 6635 Market value X Equipment 2 1814 Market value false true true Schedule M, Part I, Line 32b 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. Schedule M, Part I lines 1-28, Column B THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS. Form 990, Part VI, Line 15a & 15b - PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL LINE 15A: 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. LINE 15B: 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 CHIEF FINANCIAL OFFICER/CORPORATE TREASURER, 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 19 Required documents available to the public EACH TRUSTEE GETS A COPY OF THE BY-LAWS. THE PUBLIC CAN RECEIVE A COPY OF THE BY-LAWS, 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 - 900764; ACTUARIAL GAIN - -57412; Schedule F, Part I, Line 3 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 ESU FDN true false false false false false false false false false false false false false false false false false false false