2024-05-09T18:33:16+00:00 2023-06-30 363990892 Capin Crouse LLP 3200 E Guasti Road Suite 230 Ontario CA 91761 990 2022-07-01 953948691 Point Loma Nazarene University Foundation POIN 6198492200 3900 Lomaland Drive San Diego CA 92106 Gary Smee President 6198492200 2024-05-10 true Joseph LaLuzerne 999009999 true Daren Daiga P01074795 5055022746 2022 2023-04-26 12:10:37Z Gary Smee 3900 Lomaland Drive San Diego CA 92106 10742771 false 1588 X www.pointloma.edu X 1965 CA Supports Point Loma Nazarene University. 13 9 0 10 0 129445 5232437 8705879 0 0 4869603 1666073 -50560 -22352 10051480 10349600 800888 957986 0 0 4816 3791 0 0 0 695226 552237 1500930 1514014 8550550 8835586 75339326 87030587 2277809 2366419 73061517 84664168 The primary objectives and purposes of this corporation shall be to promote major gift fundraising for Point Loma Nazarene University through excellence in strategic development, major donor engagement, and oversight of Foundation assets. false false 958379 957986 Funds raised by the PLNU Foundation are primarily used to support Point Loma Nazarene University in the form of student financial aid. 958379 true true false false false false false false true true false false true true false false true false false false false false false false false false false true true false false false false false false false false false false false false false true false false false true 0 0 0 true true false false false false false false false false false false false X 13 9 false false false false false true true true true false false true true true true true true false false false CA X Jim Bergherm 6198492200 3900 Lomaland Drive San Diego CA 92106 Gary Smee President 1.0 1.0 X X 0 0 0 Gilbert Wai Secretary 1.0 X X 0 0 0 Joe LaLuzerne Treasurer 1.0 40.0 X X 0 227964 58697 Scott McGuckin Vice President 1.0 X X 0 0 0 Carolyn Downey Director 1.0 X 0 0 0 Daryl Nicholson Director 1.0 1.0 X 0 0 0 Doug Pierce Director 1.0 1.0 X 0 0 0 Kelly Smith Ex Officio Director 1.0 40.0 X 0 200012 59746 Mendell Thompson Director 1.0 1.0 X 0 0 0 Mike Gebhart Director 1.0 X 0 0 0 Rob Honer Director 1.0 X 0 0 0 Robert Brower Ex Officio Director 1.0 40.0 X 0 425443 50598 Rudy Thomas Director 1.0 X 0 0 0 0 853419 169041 0 false true false Morgan Stanley 2514 California Street Omaha NE 68154 Investment Account Management 163156 1 7066734 1639145 8705879 0 0 0 0 0 1392030 1392030 89882 112234 -22352 0 -22352 -22352 554980 280937 274043 0 274043 274043 0 0 0 0 0 10349600 0 0 1643721 957986 957986 0 0 3614 3614 177 177 155114 155114 32320 0 32320 0 379 379 393 393 4776 4776 310 310 Annuity Payments 358422 358422 Equipment 523 523 0 0 0 0 1514014 958379 555635 0 3341 3341 0 0 9629277 0 7951196 9629277 51609732 56203211 429290 149290 0 15345767 21045468 75339326 87030587 82046 91523 5191 2900 0 7500 7500 2183072 2264496 2277809 2366419 X 35290367 44679485 37771150 39984683 73061517 84664168 75339326 87030587 X 8835586 2240371 526694 X false true X true false X X X 1 Point Loma Nazarene University 951644035 2 true 0 0 1 0 0 903228 727299 861876 5232437 8705879 16430719 0 0 903228 727299 861876 5232437 8705879 16430719 0 16430719 681181 1073099 746545 942428 1481912 4925165 0 0 65852 769 0 0 66621 21422505 0 0.7670 0.7332 X true false false false false false false false false false false false false false false true false Schedule A, Part II The organization is a Type 1 supporting organization and is not required to complete the public support schedule. Schedule A, Part II is completed to verify that the Foundation can qualify under public charity status section 170(b)(1)(A)(vi) and qualified to use the first listed special rule for Schedule B reporting. Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - 65852.0, COLUMN C - 769.0, COLUMN D - , COLUMN E - , COLUMN F - 66621.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 67948300 1952921 2727691 919253 3589216 68120443 70249099 4377275 -4755201 1138173 784700 67948300 61666559 2118683 8128852 874730 790265 70249099 61089032 1668019 461113 697203 854402 61666559 61133217 2950788 -569037 730399 1695537 61089032 0.42 0.58 0.0 false false 9629277 9629277 9629277 Other Receivables 164275 Receivable from Point Loma University 20881193 21045468 Charitable Trusts & Annuities Payable 2264496 2264496 Schedule D, Part V, Line 4 Intended uses of endowment funds Provide scholarship funds and support the general operations of the Foundation and University. true Tuition Assistance 420 957986 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Tuition assistance to individuals is paid directly to Point Loma Nazarene University on behalf of the recipient student. Amounts are applied directly to student accounts, and no cash changes hands. false false false false false false false false false Joe LaLuzerne Treasurer 0 227353 0 611 0 0 0 17035 0 41662 0 286661 0 0 Robert Brower Ex Officio Director 0 399122 0 15397 0 10924 0 29482 0 21116 0 476041 0 0 Kelly Smith Ex Officio Director 0 199340 0 603 0 69 0 15202 0 44544 0 259758 0 0 Form 990, Part VI, Line 15 The Foundation has no employees. Compensation amounts on Form 990 Part VII are from a related organization. Therefore, these questions related to approval of officer compensation are not applicable to the Foundation and are answered "no" in accordance with the instructions Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The Foundation's board members are subject to election by the Point Loma Nazarene University Board of Trustees. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Amendment of the Foundation's bylaws is subject to approval by a majority of the Board of Trustees of Point Loma Nazarene University (PLNU). In addition, the Foundation may only be dissolved upon the direction of the Board of Trustees of PLNU. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by an independent CPA firm, reviewed in detail by the finance department, and then distributed to the Board of Directors for review before being filed with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Conflict of interest statements are completed annually by all members of the Board of Directors. The Chair of Point Loma Nazarene University's Audit Committee reviews the statements. The finance team also monitors all transactions for potential conflicts of interest. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 19 Required documents available to the public The Foundation's governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part IX, Line 5 Lines 5-10 Employees of Point Loma Nazarene University, a related organization, perform some administrative functions for the Foundation. The amounts reported on Form 990, Part IX, Lines 5 through 10 represent the portion of the employees' compensation related to the services provided to the Foundation. Point Loma Nazarene University files all payroll information returns as required by the IRS and the Foundation reimburses the University for the employees' time spent on Foundation matters. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Trust and annuity actuarial gain - 526694; Point Loma Nazarene University 3900 Lomaland Drive San Diego CA 92106 951644035 Nonprofit Christian University CA 501(c)(3) 2 NA false false false true false false false false false false false false false false true true false false false false