2024-11-12T06:18:51-06:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-01-01 731019001 PANHANDLE STATE FOUNDATION PANH 5803491394 PO BOX 430 GOODWELL OK 73939 CHYANNA BLACK EXECUTIVE DIRECTOR 5803491394 2024-11-11 1 0 KERRI N BOGDA CPA P00760402 7177404863 2024-11-04 2023 2024-10-15 13:58:12Z CHYANNA BLACK PO BOX 430 GOODWELL OK 73939 2467576 0 X WWW.OPSU.EDU X 1961 OK PROVIDES SCHOLARSHIPS AND GENERAL SUPPORT FOR THE OKLAHOMA PANHANDLE STATE UNIVERSITY. 22 22 1 22 5306 3875 1019722 1231784 0 0 865668 968228 1690 8091 1887080 2208103 1294069 615537 0 0 119244 63386 0 0 0 20761 94785 1434074 773708 453006 1434395 19051052 21390744 303530 263535 18747522 21127209 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 153005 59937 0 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. 555600 555600 THE FOUNDATION PROVIDES FUNDING TO THE OKLAHOMA PANHANDLE STATE UNIVERSITY (OPSU) FOR STUDENT SCHOLARSHIPS. THE TOTAL NUMBER OF SPRING AND FALL SCHOLARSHIPS AWARDED IN 2023 WAS 476. 708605 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 1 0 0 0 0 1 1 0 0 1 0 0 0 1 0 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 (UNTIL APRIL 2023) 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 37.50 X 0 61834 18088 0 61834 18088 0 0 0 0 0 1231784 886072 1231784 645663 -1404 647067 1381 1381 582038 259473 322565 322565 322565 S-CORPORATION INCOME 551111 6710 6710 6710 2208103 0 5306 971013 59937 59937 555600 555600 63386 44370 19016 31950 22365 9585 275 275 25261 25261 2408 2408 8044 8044 263 263 251 251 RODEO EXPENSES 26333 26333 773708 708605 65103 0 127910 490545 190000 591112 10000 5000 10000 18064570 19606870 174033 202678 489539 489539 19051052 21390744 69251 1269 234279 262266 303530 263535 X 4501718 4801620 14245804 16325589 18747522 21127209 19051052 21390744 X 1434395 840571 104721 X 0 0 0 X 2811874 1103128 1052676 1019722 1234434 7221834 21015 0 21015 2811874 1103128 1052676 1040737 1234434 7242849 420787 6822062 720794 580191 993705 777350 655158 3727198 10970047 0.62190 0.67200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 12434757 1208564 1776547 459675 15879543 13192486 132394 -890123 12434757 0.00000 0.99000 0.01000 1 0 10000 10000 10000 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. 1 OKLAHOMA PANHANDLE STATE UNIVERSITY PO BOX 430 GOODWELL OK 73939 736017987 52119 0 CONSTRUCTION, PROFESSIONAL DEVELOPMENT, AND SUPPORT TO THE UNIVERSITY CLUB ACTIVITIES. 1 SCHOLARSHIPS FOR TUITION 476 555600 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. X 1 394589 NYSE X 1 465000 COMPARABLE SALES X 2 4040 COMPARABLE SALES X ITEMS DONATED FOR RODEO- HAY, WHEAT, OATS, BROWN MARE 6 21643 COMPARABLE SALES X DONATED GIFTS FOR ALUMNI- GIFT CARDS, COOLER, YETI COOLER, CLOTHING 7 800 COMPARABLE SALES 1 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS LISTED IN COLUMN B REPRESENTS THE NUMBER OF DONORS. FORM 990, PART VI, SECTION A, LINE 4 THE FOUNDATION BY-LAWS WERE REVISED AND APPROVED BY THE BOARD ON APRIL 25, 2023. THE NUMBER OF BOARD MEMBERS DECREASED FROM 28 TO 20; THE STRUCTURE OF THE INVESTMENT COMMITTEE WAS REVISED; AND MINOR CHANGES TO LANGUAGE WERE MADE FOR CLARIFICATION. FORM 990, PART VI, SECTION B, LINE 11B CHYANNA BLACK, EXECUTIVE DIRECTOR, PERFORMS AN INITIAL 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 15A 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 CONSULTS WITH THE OPSU PRESIDENT AND USES 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. PLEASE NOTE THAT THE ORGANIZATION IS MAKING A CHANGE TO THEIR YEAR-END AND FINANCIAL STATEMENTS ARE NOT AVAILABLE FOR THE CURRENT DECEMBER YEAR-END. FINANCIAL STATEMENTS WILL BE MADE AVAILABLE FOR THE NEW YEAR-END, JUNE 2024, WHEN COMPLETED. FORM 990, PART XI, LINE 9: NET ASSETS RELEASED FROM RESTRICTIONS 104,721. OKLAHOMA PANHANDLE STATE UNIVERSITY PO BOX 430 GOODWELL OK 73939 736017897 HIGHER EDUCATION OK PUBLIC UNIVERSITY N/A 0 ALLIE MITCHELL CHARITABLE REMAINDER UNITRUST SCHOLARSHIP GRANTS OK T 23128 480777 1.00000 0 0 1 1 0 0 0 0 1 1 0 1 1 0 1 1 1 1 0 0