2024-05-14T13:38:14-05:00 2023-06-30 430352985 KERBER ECK & BRAECKEL LLP 3200 ROBBINS ROAD STE 200A SPRINGFIELD IL 62704 990 2022-07-01 376025713 ILLINOIS STATE UNIVERSITY FOUNDATION ILLI 3094388901 101 ALUMNI CENTER CAMPUS BOX 8000 NORMAL IL 617908000 JILL WILBERG CHIEF OPERATIONS OFFICER 3094383135 2024-05-10 1 JILL WILBERG 999009999 0 JOSH C CLARK P01424717 2177890960 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JILL WILBERG 101 ALUMNI CENTER CAMPUS BOX 8000 NORMAL IL 61790 112848892 0 X WWW.ADVANCEMENT.ILLINOISSTATE.EDU/ISU-FOUNDATION X 1948 IL TO HOLD & ADMINISTER GIFTS WITH THE PRIMARY OBJECTIVE OF SERVING THE EDUCATIONAL PURPOSES OF ISU. 26 26 0 0 53823 36403 20506259 15891454 76250 83644 7638267 3881296 738239 1551553 28959015 21407947 11768787 12600330 0 0 0 0 0 0 995881 2733046 6015034 14501833 18615364 14457182 2792583 265502010 279918849 4180064 6168460 261321946 273750389 TO HOLD AND ADMINISTER GIFTS WITH THE PRIMARY OBJECTIVE OF SERVING THE EDUCATIONAL PURPOSES OF ILLINOIS STATE UNIVERSITY. 0 0 12600330 12600330 1614516 ASSIST IN DEVELOPING AND INCREASING EDUCATION OPPORTUNITIES AND THE FACILITIES OF THE UNIVERSITY FOR SERVICE TO ITS STUDENTS, ALUMNI, AND CITIZENS OF THE STATE AND NATION BY ENCOURAGING GIFTS OF MONEY AND PROPERTY; ACT AS TRUSTEE OF EDUCATIONAL OR CHARITABLE TRUSTS; ADMINISTER GIFTS, GRANTS, OR LOANS OF MONEY OR PROPERTY. 12600330 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 1 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 92 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL AZ CA CT DC FL LA ME MD MA MI MN NJ OH OR SC UT WA X X JILL WILBERG 3094383135 101 ALUMNI CENTER 1101 N MAIN ST NORMAL IL 617908000 ERIC E BURWELL CHAIRPERSON 0.50 X X 0 0 0 MARY ANN WEBB VICE CHAIRPERSON 0.50 X X 0 0 0 JERI BEGGS BOARD MEMBER 0.50 X 0 0 0 ANN BAUGHAN BOARD MEMBER 0.50 X 0 0 0 GREG AYERS BOARD MEMBER 0.50 X 0 0 0 DAVID L BROWN BOARD MEMBER 0.50 X 0 0 0 SHARI BUCKELLEW BOARD MEMBER 0.50 X 0 0 0 BILL ENGLAND BOARD MEMBER 0.50 X 0 0 0 GARY GEMBERLING BOARD MEMBER 0.50 X 0 0 0 BENJAMIN HART BOARD MEMBER 0.50 X 0 0 0 COLLEEN KANNADAY BOARD MEMBER 0.50 X 0 0 0 DAN KELLEY BOARD MEMBER 0.50 X 0 0 0 JOSEPH LOSS BOARD MEMBER 0.50 X 0 0 0 JACK NORTH BOARD MEMBER 0.50 X 0 0 0 THOMAS REEDY BOARD MEMBER 0.50 X 0 0 0 JOHN RIGAS BOARD MEMBER 0.50 X 0 0 0 ROBERT RUSH JR BOARD MEMBER 0.50 X 0 0 0 CARL SNEED BOARD MEMBER 0.50 X 0 0 0 DEREK VOGLER BOARD MEMBER 0.50 X 0 0 0 LARRY WILLIAMS BOARD MEMBER 0.50 X 0 0 0 TRISH ROARK BOARD MEMBER 0.50 X 0 0 0 STEVE DENAULT BOARD MEMBER 0.50 X 0 0 0 JOYCE GILLE GOSSOM BOARD MEMBER 0.50 X 0 0 0 ED MANLEY BOARD MEMBER 0.50 X 0 0 0 MICHAEL JONES BOARD MEMBER 0.50 X 0 0 0 JAMES KNECHT SECRETARY 0.50 X X 0 0 0 PAT VICKERMAN EXECUTIVE DIRECTOR 30.00 X 309666 0 9275 JOY HUTCHCRAFT EXEC. DIR. OF DEVELOPMENT 37.50 X 141742 0 3552 MARK WUNDER ASSISTANT VP OF DEVELOPMEN 37.50 X 178697 0 6329 ELIZABETH ADAMS SR. DIR. OF DEVELOPMENT 37.50 X 136271 0 3479 JILL WILBERG CHIEF OPERATIONS OFFICER 30.00 X 177915 0 6056 944291 0 28691 5 0 1 1 PERKINS EASTMAN ARCHITECTS DPC 209 S LA SALLE ST CHICAGO IL 60604 CONSULTING 126477 1 385011 15506443 447635 15891454 OTHER EVENTS/DEPT RCPTS 900099 83644 83644 83644 601232 53823 547409 94498302 91218238 3280064 3280064 3280064 243388 385011 222707 20681 20681 OTHER ATHLETIC 561439 922848 922848 OTHER REVENUE 561499 608024 608024 1530872 21407947 1614516 53823 3848154 6865038 6865038 5360667 5360667 374625 374625 10186 10186 235909 14189 221720 555540 183123 372417 39406 38938 468 134689 13618 121071 36137 7935 28202 69144 69144 321592 321592 137763 137763 BAD DEBTS 3581495 3581495 INVESTMENT EXPENSES 377552 377552 CONTRACTUAL PAYMENTS 154702 81461 73241 PAYROLL REIMBURSEMENT 131760 50816 80944 229159 131341 97818 18615364 12600330 5019153 995881 126643 178544 13198812 14846676 17868166 15231186 74500 34159 13207175 6982562 6428380 6224613 120400914 133139655 102034650 104989167 5369945 5274849 265502010 279918849 1261629 3366024 2098512 1973731 819923 828705 4180064 6168460 X 20960376 22934142 240361570 250816247 261321946 273750389 265502010 279918849 X 2792583 9711458 -75598 X X 0 1 X 1 0 X 29858186 25861325 21831522 22152615 16339089 116042737 2513254 2539487 2577624 2599504 2843000 13072869 32371440 28400812 24409146 24752119 19182089 129115606 1950201 127165405 2044966 973884 161812 201478 671232 4053372 -72708 -70000 -2311 393937 53823 302741 1487279 1275476 530560 868671 1614516 5776502 139248221 0.91320 0.91380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 128811 X 0 0 193093113 8061335 11739640 5839449 181081 2089287 204784271 201100618 9038290 -8595049 5953288 261281 2236177 193093113 151372576 12035787 47182446 8170186 294973 1025032 201100618 144350035 12694075 767788 5372025 222056 846241 151371576 128825072 11454792 10247588 4710531 266866 1200020 144350035 0.02180 0.86250 0.11570 0 0 600631 980000 1580631 11445315 6819369 4625946 181229 163193 18036 6224613 REAL ASSETS MARKETABLE FUNDS 30134987 F HEDGED AND ALTERNATIVE FUNDS 74854180 F 104989167 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 828705 828705 X 33731962 9711457 2843000 -75598 12478859 21253103 377552 -222707 154845 21407948 21303519 2843000 2843000 18460519 377552 -222707 154845 18615364 PART III, LINE 4: THE ART COLLECTION IS DISPLAYED IN A PROPERTY HELD IN AN ENDOWMENT BY THE FOUNDATION. PART V, LINE 4: TO SERVE THE EDUCATIONAL PURPOSES OF ILLINOIS STATE UNIVERSITY. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RECOGNIZED THE FOUNDATION AS EXEMPT FROM INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAX EFFECTS WITH RESPECT TO ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAINS ON BENEFICIAL INTERESTS -75,598. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -222,707. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -222,707. 0 CENTRAL AMERICA AND THE CARRIBEAN INVESTMENTS 20164092 0 0 0 0 0 0 20164092 0 20164092 SCHOLARSHIPS VARIOUS 181 374625 TRANSFER TO UNIVERSITY ACCOUNT 1 0 0 1 1 0 PART III ACCOUNTING METHOD: CONSTRUCTION MANAGEMENT CAREER FAIR 85500 63750 21750 8784 12755 KATIE INSURANCE GOLF CLASSIC 172500 106800 65700 26937 91591 2396 19 370399 214461 155938 10090 10243 20724 39187 628399 385011 243388 37027 19027 112315 54338 222707 20681 1 ILLINOIS STATE UNIVERSITY CAMPUS BOX NORMAL IL 61761 376014070 6865038 0 PRICE LISTS, ESTIMATED FMV TO SUPPORT THE UNIVERSITY, INSTRUCTION, RESEARCH, AND PUBLIC SERVICE ACTIVITIES STUDENT SCHOLARSHIPS 2963 5360667 PART I, LINE 2: GRANT FUNDS ARE DISBURSED AND MONITORED BASED ON REQUESTS FROM AUTHORIZED FISCAL AGENTS. FUNDS MUST PROVIDE DIRECT BENEFIT TO ILLINOIS STATE UNIVERSITY AND BE SUPPORTED BY APPROPRIATE DOCUMENTATION. ILLINOIS STATE UNIVERSITY FISCAL AGENTS REQUEST DISBURSEMENT OF FUNDS FOR SCHOLARSHIPS AWARDED IN ACCORDANCE WITH SPECIFIC CRITERIA OF THE SCHOLARSHIP MAY INCLUDE EDUCATIONAL ACHIEVEMENT, FINANCIAL NEED, AND OTHER FACTORS. FOUNDATION PERSONNEL REVIEW REQUESTS TO DETERMINE IF GUIDELINES ARE MET. X X X 1 0 X 0 0 0 0 0 0 0 0 0 PAT VICKERMAN EXECUTIVE DIRECTOR 309666 0 0 0 0 0 0 0 9275 0 318941 0 0 0 MARK WUNDER ASSISTANT VP OF DEVELOPMEN 178697 0 0 0 0 0 0 0 6329 0 185026 0 0 0 JILL WILBERG CHIEF OPERATIONS OFFICER 177915 0 0 0 0 0 0 0 6056 0 183971 0 0 0 PART I, LINE 3 SALARIES ARE DETERMINED ANNUALLY BY THE PRESIDENT OF ILLINOIS STATE UNIVERSITY WHO MAY CONSIDER SUCH FACTORS AS TIME IN THE POSITION, PERFORMANCE, AND SALARIES OF COMPARABLE POSITIONS WITH THE UNIVERSITY AND AT COMPARABLE UNIVERSITIES. FORM 990, PART VII, SECTION A ALL OFFICERS AND HIGHLY COMPENSATED INDIVIDUALS ARE PAID BY ILLINOIS STATE UNIVERSITY, WHICH IS CONSIDERED AN UNRELATED ORGANIZATION FOR IRS PURPOSES. ALL WAGES LISTED ON PART VII, SECTION A ARE THE INDIVIDUALS' TOTAL W-2 COMPENSATION. X 32 446161 MARKET QUOTATION X GRAIN 1 1474 SALES PRICE 0 1 1 PART I, LINE 32B: THE ORGANIZATION UTILIZES A STOCK BROKER TO PROCESS AND SELL DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S AUDIT AND FINANCE COMMITTEES REVIEW THE FORM 990 BEFORE IT IS FILED, AND THOSE COMMITTEES REPORT THEIR FINDINGS TO THE BOARD OF DIRECTORS AT ITS NEXT SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD POLICY STATES THAT EACH DIRECTOR, PRINCIPAL OFFICER, OR COMMITTEE MEMBER OF THE BOARD WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST WITH THE FOUNDATION MUST DISCLOSE THE EXISTENCE OF SUCH INTEREST TO THE BOARD OF DIRECTORS, WHICH SHALL DECIDE IF A CONFLICT OF INTEREST ACTUALLY EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY OF A KEY EMPLOYEE OF THE ORGANIZATION IS DETERMINED ANNUALLY BY THE PRESIDENT OF ILLINOIS STATE UNIVERSITY WHO MAY CONSIDER SUCH FACTORS AS TIME IN THE POSITION, PERFORMANCE, AND SALARIES OF COMPARABLE POSITIONS WITHIN THE UNIVERSITY AND AT COMPARABLE UNIVERSITIES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTERESTS -75,598. FORM 990, PART XII, LINE 2C: THE ORGANIZATIONS PROCESS FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. LAUNCHING FUTURES LLC (USES FOUNDATION EIN) CAMPUS BOX 8000 NORMAL IL 617908000 REAL ESTATE INVESTMENT IL 3794034 ISU FOUNDATION LAUNCHING FUTURES II LLC (USES FOUNDATION EIN) CAMPUS BOX 8000 NORMAL IL 617908000 REAL ESTATE INVESTMENT IL 600631 ISU FOUNDATION