2024-12-16T14:28:24-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 1100 WALNUT STREET SUITE 3400 KANSAS CITY MO 64106 990 2023-07-01 237035423 MISSOURI WESTERN STATE UNIVERSITY FOUNDATION INC MISS 8162715647 4525 DOWNS DRIVE SPRATT 111 ST JOSEPH MO 64507 PAT MODLIN BOARD CHAIR 8162715647 2024-12-16 1 1 HAROLD RAY P01248589 8167047310 2024-12-16 2023 2024-10-15 13:58:12Z PAT MODLIN 4525 DOWNS DRIVE SPRATT 111 ST JOSEPH MO 64507 15190768 0 X WWW.MISSOURIWESTERN.EDU/FOUNDATION X 1968 MO PROMOTE PRIVATE GIVING AND HELP THE UNIVERSITY MOVE INTO THE FOREFRONT OF PUBLIC HIGHER EDUCATION. 29 28 0 97 201736 163275 2176330 5562851 733187 642163 1403239 1538975 231454 30002 4544210 7773991 5055743 3686085 0 0 304499 286077 200 0 105288 255515 286513 5615957 4258675 -1071747 3515316 55028102 61918540 1452133 754131 53575969 61164409 X THE MISSOURI WESTERN STATE UNIVERSITY FOUNDATION IS A NOT-FOR-PROFIT CHARITABLE ORGANIZATION THAT FUNCTIONS SOLELY TO SUPPORT THE MISSION OF MISSOURI WESTERN STATE UNIVERSITY, AS STATED IN THE UNIVERSITY'S MISSION STATEMENT. THE FOUNDATION RECEIVES, INVESTS, MAINTAINS AND ADMINISTERS CONTRIBUTED RESOURCES; AND OTHERWISE ACTS TO FURTHER THE MISSION AND GOALS OF MISSOURI WESTERN STATE UNIVERSITY BY DIRECTING ACQUIRED RESOURCES TO SERVE THE UNIVERSITY AND ITS STUDENTS. 0 0 3686085 3686085 642163 CONTRIBUTIONS TO SUPPORT PROJECTS AND SCHOLARSHIPS FOR STUDENTS ATTENDING MISSOURI WESTERN STATE UNIVERSITY. 3686085 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X M MICHELE CHAMBERS 8162715677 4525 DOWNS DRIVE SPRATT 111 ST JOSEPH MO 64507 KENNEDY ELIZABETH UNIVERSITY PRESIDENT 1.00 40.00 X X 0 326200 65284 ROSONKE DENNIS VICE CHAIR 1.00 X X 0 0 0 MODLIN PAT CHAIR 1.00 X X 0 0 0 KNEIB-DIXON JENNIFER SECRETARY 1.00 X X 0 0 0 ROBB NICHOLAS TREASURER 1.00 X X 0 0 0 WOLLENMAN BOB BOARD OF GOVERNOR REP 1.00 X X 0 0 0 BARBOSA RON BOARD MEMBER 1.00 X 0 0 0 BURNHAM MARIA BOARD MEMBER 1.00 X 0 0 0 CAROLUS ALI BOARD MEMBER 1.00 X 0 0 0 CHATHAM WAYNE BOARD MEMBER 1.00 X 0 0 0 JONES DARRELL BOARD MEMBER 1.00 X 0 0 0 JORDAN KURT BOARD MEMBER 1.00 X 0 0 0 KARN RODGER BOARD MEMBER 1.00 X 0 0 0 KORELL MARK BOARD MEMBER 1.00 X 0 0 0 LAWRENCE LORNA BOARD MEMBER 1.00 X 0 0 0 MICHALSKI TODD BOARD MEMBER 1.00 X 0 0 0 MURPHY DEENA BOARD MEMBER 1.00 X 0 0 0 SMITH C DANIEL BOARD MEMBER 1.00 X 0 0 0 TURNER DAVIN BOARD MEMBER 1.00 X 0 0 0 WILSON JOHN BOARD MEMBER 1.00 X 0 0 0 WOODBURY MARK BOARD MEMBER 1.00 X 0 0 0 TEWELL TOM BOARD MEMBER 1.00 X 0 0 0 SHEEHAN JIM BOARD MEMBER 1.00 X 0 0 0 RICHMOND TOM BOARD MEMBER 1.00 X 0 0 0 NOLEN BOYD BOARD MEMBER 1.00 X 0 0 0 KLUKVIN MITZI BOARD MEMBER 1.00 X 0 0 0 HAUSMAN JUDY BOARD MEMBER 1.00 X 0 0 0 HINDE SCOTT BOARD MEMBER 1.00 X 0 0 0 HOULNE TIM BOARD MEMBER 1.00 X 0 0 0 ARCHAMBAULT MARC EXECUTIVE DIRECTOR 8.00 32.00 X 0 175875 61549 0 502075 126833 0 0 1 0 0 4750 5558101 4543 5562851 MEMBERSHIP 900099 286605 286605 FEES & REIMBURSEMENTS 900099 270540 270540 EXCHANGE REVENUE 900099 85018 85018 642163 1654157 182248 1471909 6333 6333 7282293 7397475 -115182 -115182 -115182 7966 4750 19302 -11336 -11336 15517 0 15517 15517 ADVERTISING 541800 19488 19488 19488 7773991 642163 201736 1367241 2766940 2766940 919145 919145 186623 120496 66127 50560 32645 17915 34617 22351 12266 14277 9218 5059 26250 26250 142832 142832 116124 112203 3921 1307 1307 4258675 3686085 467302 105288 1006215 882140 1278756 1800305 1155566 2823692 76934 91395 3741 0 14128 20849 131849 19138 103117 112711 44539304 49078917 1177736 1174765 5672605 5933766 55028102 61918540 1287871 620384 164262 133747 1452133 754131 X 4602485 4648875 48973484 56515534 53575969 61164409 55028102 61918540 X 3515316 3966221 106903 X X 0 1 X 1 0 X 2602410 1521795 2169631 2176330 5562851 14033017 2602410 1521795 2169631 2176330 5562851 14033017 4333284 9699733 930206 732765 838682 1314444 1478242 5294339 144983 77029 227001 254322 163562 866897 24740 112493 112074 58929 7966 316202 20510455 4053263 0.47290 0.52410 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2019 AMOUNT: $ 24,740. 2020 AMOUNT: $ 112,493. 2021 AMOUNT: $ 112,074. 2022 AMOUNT: $ 58,929. 2023 AMOUNT: $ 7,966. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 98808 X 0 36657605 780520 4744391 1803960 40378556 34756187 172545 3614406 1885533 36657605 41437900 207297 -5433809 1455201 34756187 35017589 2472802 8999741 5052232 41437900 36663818 1962827 2054529 5663585 35017589 0.07498 0.92502 1 0 33041 19138 13903 98808 98808 112711 CASH SURRENDER VALUE OF LIFE INSURANCE 579483 BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 5354283 5933766 X 12059223 3966221 193212 268631 4428064 7631159 142832 142832 7773991 4470783 193212 161728 354940 4115843 142832 142832 4258675 PART V, LINE 4: THE FOUNDATION'S ENDOWMENTS CONSIST OF 204 FUNDS ESTABLISHED TO SUPPORT A VARIETY OF SCHOLARSHIPS, PROGRAMS, AND DEPARTMENTS AT MISSOURI WESTERN STATE UNIVERSITY. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. IT IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE FOUNDATION FOLLOWS THE STANDARD FOR EVALUATING UNCERTAIN TAX POSITIONS AND HAS DETERMINED NO LIABILITY SHOULD BE RECORDED FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 19,302. CHANGE IN BENEFICIAL INTEREST 249,329. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 19,302. UNCOLLECTIBLE PLEDGES 142,426. 1 MISSOURI WESTERN STATE UNIVERSITY 4525 DOWNS DRIVE ST JOSEPH MO 64507 430830018 GOV 2766940 0 ALLOCATIONS FOR GENERAL SUPPORT 1 0 SCHOLARSHIPS 307 919145 PART I, LINE 2: THE BOARD OF DIRECTORS DISCUSS AND REVIEW ALL GRANTS AND ALLOCATIONS. THE RECIPIENT OF ALL GRANTS AND ALLOCATIONS IS MISSOURI WESTERN STATE UNIVERSITY. THE UNIVERSITY WAS ORGANIZED TO PROVIDE ALL ASPECTS OF HIGHER EDUCATION. IN ALL INSTANCES THE GRANTS AND ALLOCATIONS ARE MADE WITHIN THE FRAMEWORK OF THE DONOR TO THE FOUNDATION. X 1 0 0 0 0 0 0 0 0 0 0 KENNEDY ELIZABETH UNIVERSITY PRESIDENT 0 300600 0 0 0 25600 0 54640 0 10644 0 391484 0 0 ARCHAMBAULT MARC EXECUTIVE DIRECTOR 0 175875 0 0 0 0 0 47130 0 14419 0 237424 0 0 PART I, LINE 3 THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS A PAID AND APPROVED BY MISSOURI WESTERN STATE UNIVERSITY, A RELATED PARTY. MISSOURI WESTERN STATE UNIVERSITY BASES THE SALARY ON CURRENT MARKET CONDITIONS, AND WRITTEN EMPLOYMENT CONTRACTS, WHICH ARE REVIEWED BY HUMAN RESOURCES AT MISSOURI WESTERN STATE UNIVERSITY ON AN ANNUAL BASIS. THIS REVIEW INCLUDES, BUT IS NOT LIMITED TO ESTABLISHED UNIVERSITY PAY CLASSIFICATIONS AND SALARY RANGES. FORM 990, PART VI, SECTION A, LINE 1A THE FOUNDATION'S EXECUTIVE COMMITTEE IS CHARGED WITH EXERCISING GENERAL AUTHORITY ON BEHALF OF THE BOARD AS NECESSARY AND APPROPRIATE ON MATTERS THAT CANNOT OR SHOULD NOT BE DELAYED UNTIL THE NEXT REGULARLY SCHEDULED BOARD MEETING, OR UNTIL A SPECIAL MEETING OF THE FULL BOARD SHOULD BE CALLED. THE CHAIRPERSON SHALL APPOINT ALL COMMITTEE MEMBERS, AND IS REQUIRED TO SERVE AS CHAIRPERSON OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO DISPOSE OF REAL PROPERTY OR OTHER CAPITAL ASSETS; ELECT BOARD DIRECTORS OR OFFICERS; APPROVE AN ANNUAL OPERATING BUDGET; OR AMEND THESE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. PRIOR TO FINALIZING, THE FORM 990 IS PROVIDED TO THE FOUNDATION'S GOVERNING BODY FOR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH BOARD MEMBERS AT THE TIME THEY ARE NOMINATED TO THE BOARD OF DIRECTORS AND THE POLICY IS REVIEWED ON AN ANNUAL BASIS FOR ANY CHANGES. MEMBERS OF THE BOARD OF DIRECTORS ARE OBLIGATED TO SELF-REPORT ANY CONFLICT OR POTENTIAL CONFLICT TO THE EXECUTIVE DIRECTOR, THE BOARD CHAIRPERSON AND ANY APPLICABLE COMMITTEE CHAIRPERSON. THE EXECUTIVE DIRECTOR, THE BOARD CHAIRPERSON AND ANY APPLICABLE COMMITTEE CHAIRPERSON THEN DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED THAT A CONFLICT DOES EXIST THE INDIVIDUAL IN CONFLICT WILL RECUSE THEM SELF FROM ANY DISCUSSION OR VOTE ON THE MATTER IN CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR TOP MANAGEMENT AND OTHER KEY OFFICIALS OF THE FOUNDATION IS PROCESSED THROUGH THE MISSOURI WESTERN STATE UNIVERSITY PAYROLL SYSTEM. MISSOURI WESTERN STATE UNIVERSITY IS A RELATED PARTY. THE COMPENSATION IS BASED ON CURRENT MARKET CONDITIONS AND REVIEWED BY HUMAN RESOURCES AT THE UNIVERSITY ON AN ANNUAL BASIS. THIS REVIEW INCLUDES, BUT IS NOT LIMITED TO ESTABLISHED UNIVERSITY PAY CLASSIFICATIONS AND SALARY RANGES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES -142,426. CHANGE IN BENEFICIAL INTEREST IN TRUSTS 249,329. 990 PART XII LINE 2B AND 2C THE FOUNDATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR AUDIT OVERSIGHT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS IS CONSISTENT WITH WHAT HAS BEEN IN PLACE IN PRIOR PERIODS. MISSOURI WESTERN STATE UNIVERSITY 4525 DOWNS DRIVE ST JOSEPH MO 64507 430830018 HIGHER EDUCATION MO 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0