2024-12-09T09:07:56-06:00 2024-06-30 450334950 WIDMER ROEL PC 4220 31ST AVE S FARGO ND 58104 990 2023-07-01 237101061 MINNESOTA STATE UNIVERSITY MOORHEAD FOUNDATION INC MINN 2184772089 1104 7TH AVE S MOORHEAD MN 56563 ADAM BERNIER PRESIDENT 2184772089 2024-12-04 1 0 TRACEE S BUETHNER CPA P01292877 7012376022 2023 2024-10-15 13:58:12Z ADAM BERNIER 1104 7TH AVE S MOORHEAD MN 56563 12756875 0 X HTTP://ALUMNI.MNSTATE.EDU X 1969 MN PROVIDE STUDENT SCHOLARSHIPS, DEPARTMENT SUPPORT AND ALUMNI ACTIVITIES FOR MSUM. 21 21 16 26 0 0 2597774 3020055 0 0 1470229 2977485 218836 198910 4286839 6196450 1983988 1593514 0 0 1362440 1534967 0 0 797080 1662085 1696023 5008513 4824504 -721674 1371946 57080593 64335855 2620920 4801020 54459673 59534835 WE CREATE OPPORTUNITIES FOR GENERATIONS OF MSUM STUDENTS BY INSPIRING ALUMNI AND FRIENDS TO CONNECT, ENGAGE AND GIVE. 0 0 1238141 1238141 PROVIDES ACADEMIC SCHOLARSHIP FUNDING TO MINNESOTA STATE UNIVERSITY MOORHEAD. IN 2023-2024, 573 MSUM STUDENTS RECEIVED SCHOLARSHIPS, MANY OF WHOM ARE FIRST GENERATION UNIVERSITY STUDENTS. SCHOLARSHIP FUNDING SUPPORTS RECRUITMENT AND RETENTION OF STUDENTS. IT ALSO INCLUDES SCHOLARSHIPS TO STUDENT ATHLETES AS PART OF THEIR TOTAL AWARD PACKAGE FROM THE UNIVERSITY. FUNDRAISING FOR SCHOLARSHIPS IS A PRIORITY FOR THE FOUNDATION. 355373 355373 PROVIDES FUNDING TO MINNESOTA STATE UNIVERSITY MOORHEAD TO ENHANCE AND SUPPORT IT'S MISSION FOR ACADEMIC EXCELLENCE. FUNDING TO ACADEMIC DEPARTMENTS INCLUDES STUDENT RESEARCH PRESENTATION TRAVEL, NEW RIVERS PRESS, STUDENT AWARDS, FACULTY RESEARCH, DILLE FUND FOR EXCELLENCE, GLASRUD LECTURE SERIES, MARCIL CENTER FOR JOURNALISM PLUS MANY MORE. COMMUNITY OUTREACH PROGRAMS INCLUDES THE PERFORMING ARTS SERIES AND THE STRAW HAT PLAYERS STUDENT THEATRE. 653180 PROVIDES FUNDING AND ACTIVITIES TO DEVELOP STRONG, ONGOING RELATIONSHIPS WITH MSUM ALUMNI AND FRIENDS INCLUDING HOMECOMING, VARIOUS COMMUNICATION TOOLS, REUNIONS AND OTHER ALUMNI FUNCTIONS AND EVENTS. 2246694 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 26 0 1 16 1 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MN X X NANETTE BOE DIRECTOR OF FINANCE 2184772089 1104 7TH AVE S MOORHEAD MN 56563 JAN MAHONEY PRESIDENT 4.00 X X 0 0 0 ADAM BERNIER VICE PRESIDENT 2.50 X X 0 0 0 RON GRAHAM SECRETARY 1.00 X X 0 0 0 TIM SAYLER TREASURER 2.00 X X 0 0 0 BRAD WIMMER PAST PRESIDENT 0.50 X X 0 0 0 TARA BALTES DIRECTOR 0.50 X 0 0 0 STACY BROMAN DIRECTOR 0.50 X 0 0 0 PETER BOLOGNA DIRECTOR 0.50 X 0 0 0 JEANNIE CAMARILLO DIRECTOR 0.50 X 0 0 0 ELLEN CASE DIRECTOR 0.50 X 0 0 0 LEAH CLEMEDTSON DIRECTOR 0.50 X 0 0 0 BRAD SHAMLA DIRECTOR 0.50 X 0 0 0 DAYNA DEL VAL DIRECTOR 0.50 X 0 0 0 ANNA KNUTSON DIRECTOR 0.50 X 0 0 0 BRIAN FRENCH DIRECTOR 0.50 X 0 0 0 JUDD GRAHAM DIRECTOR 0.50 X 0 0 0 JENNI HUOTARI DIRECTOR 0.50 X 0 0 0 KERSTIN KEALY DIRECTOR 0.50 X 0 0 0 GREGORY LOF DIRECTOR 0.50 X 0 0 0 PETER GEIB DIRECTOR 0.50 X 0 0 0 LISA GIESE DIRECTOR 0.50 X 0 0 0 TONYA STENDE DIRECTOR 0.50 X 0 0 0 COREY WALTHER DIRECTOR 0.50 X 0 0 0 GARY HAUGO EXECUTIVE DIRECTOR 20.00 X 0 0 0 JARED MILLER AVP OF DEVELOPMENT 40.00 X 142713 0 7436 NANETTE BOE DIRECTOR OF FINANCE AND AD 40.00 X 117524 0 6111 JENNI WALTHALL SENIOR DIRECTOR OF DEVELOP 40.00 X 112687 0 5856 CODY JANGULA DIRECTOR OF DEVELOPMENT 40.00 X 105394 0 5500 JASON HERBERS DIRECTOR OF DEVELOPMENT - 40.00 X 109006 0 0 587324 0 24903 5 0 1 0 0 86579 2933476 426536 3020055 3618646 3618646 229243 0 229243 229243 229243 5812682 6453843 -641161 -641161 -641161 68171 86579 103354 -35183 -35183 8078 3228 4850 4850 6196450 0 0 3176395 1593514 1593514 1226933 351729 399141 476063 215049 70875 144174 92985 8291 22796 61898 697086 697086 5128 5128 26963 26963 386172 386172 44850 12000 27852 4998 95082 23890 62846 8346 110435 6485 16619 87331 20107 4140 11863 4104 48628 48628 132834 132834 22518 22518 PRINTING 31585 26452 2566 2567 POSTAGE 22442 18931 1704 1807 BOARD EXPENSE 18092 18092 SUPPLIES AND PROMOTIONA 16618 8919 3726 3973 17483 10881 4783 1819 4824504 2246694 1780730 797080 -3 -2 2054560 667947 3161705 3338777 200 200 10253046 2922951 2070080 7330095 46959833 50067070 2834218 2931768 57080593 64335855 122659 2576399 1703669 1523054 794592 701567 2620920 4801020 X 4728932 8114092 49730741 51420743 54459673 59534835 57080593 64335855 X 1371946 3703214 2 X 0 1 X 1 0 X 2720318 5233675 6345594 2330359 2975816 19605762 2720318 5233675 6345594 2330359 2975816 19605762 3717574 15888188 960307 1441743 1336597 1899776 3847889 9486312 34775 1210 23 435 36443 29128517 86137 0.54550 0.58290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35806239 1468416 2391583 742075 0 38924163 33039577 1498337 2360768 1019541 72902 35806239 36064204 4045349 -6329777 617601 122598 33039577 29786644 491243 6584563 706649 91597 36064204 29182942 3122523 -994772 520457 1003592 29786644 0.00000 0.82330 0.17670 0 0 207500 207500 4015000 2922951 1092049 6030546 6030546 7330095 ANNUITY OBLIGATIONS 414139 LIFE ESTATE OBLIGATIONS 287428 701567 X 9173704 3703214 311680 45618 4060512 5113192 386172 697086 1083258 6196450 4098542 311680 45618 357298 3741244 386172 697088 1083260 4824504 PART V, LINE 4: THE ENDOWMENT FUNDS HELD BY THE ORGANIZATION HAVE BEEN ESTABLISHED BY DONORS TO PROVIDE SUPPORT FOR ONGOING PROGRAMS OF MINNESOTA STATE UNIVERSITY MOORHEAD (MSUM), SCHOLARSHIP TO MSUM STUDENTS AND TO ASSURE A FINANCIAL BASIS FOR FUTURE MSUM AND FOUNDATION NEEDS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS REQUIRED TO RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLE ESTIMATED. AS OF JUNE 30, 2024 AND 2023, NO SUCH LIABILITY EXISTED. MANAGEMENT WILL CONTINUALLY EVALUATE EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES INCLUDED IN FUNDRAISING AND GAMING ON 990 45,618. PART XI, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEES 697,086. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES INCLUDED IN FUNDRAISING AND GAMING ON 990 45,618. PART XII, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEES 697,086. ROUNDING 2. GALA 154750 86579 68171 42340 14915 21256 24843 154750 86579 68171 42340 14915 21256 24843 103354 -35183 1 MINNESOTA STATE UNIVERSITY MOORHEAD 1104 7TH AVENUE SOUTH MOORHEAD MN 56560 411687554 STATE OF MN 1593514 0 TO ASSIST THE UNIVERSITY IN AWARDS FOR STUDENT SCHOLARSHIPS, DEPARTMENTAL SUPPORT, FACULTY SUPPORT AND PROMOTING UNIVERSITY PROGRAMS. 1 0 PART I, LINE 2: GRANTS ARE PAID TO MINNESOTA STATE UNIVERSITY MOORHEAD OR AT THEIR DIRECTION FOR THE SUPPORT OF SCHOLARSHIPS, DEPARTMENTS, FACULTY, PROGRAMS AND FACILITIES. THE GRANTS ARE ISSUED IN ACCORDANCE TO DONOR RESTRICTIONS. THE FOUNDATION MONITORS THE RESTRICTIONS THROUGH THE SCHOLARSHIP AND CHECK REQUEST PROCESS. THE FOUNDATION RELIES ON THE UNIVERSITY TO MONITOR THE APPROPRIATE USE OF THE FUNDS. X X X 0 0 0 0 0 0 0 0 0 JARED MILLER AVP OF DEVELOPMENT 142713 0 0 0 0 0 7436 0 0 0 150149 0 0 0 A CLAY COUNTY MINNESOTA 416005775 2001-11-30 3940000 TO PROMOTE THE PUBLIC WELFARE BY (I) PROVIDING SAFE HOUSING TO STUDENTS 0 0 0 A 2416946 3940000 2003 0 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 7 225346 FMV X 1 117028 FMV X AUCTION PRIZES 106 42340 FMV X OFFICE EXPENSES 1 38544 FMV X RAFFLE PRIZES 6 3278 FMV 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A EXCEPT AS OTHERWISE PROVIDED IN THE BYLAWS, THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO TRANSACT ALL REGULAR BUSINESS OF THE ALUMNI FOUNDATION DURING THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS; PROVIDED THAT ANY ACTION TAKEN SHALL NOT CONFLICT WITH THE POLICIES AND EXPRESSED WISHES OF THE BOARD OF DIRECTORS, AND THAT THE EXECUTIVE COMMITTEE SHALL REFER ALL MATTERS OF MAJOR IMPORTANCE TO THE FULL BOARD. THE EXECUTIVE COMMITTEE SHALL HAVE SUCH OTHER AUTHORITY AND DUTIES AS THE BOARD OF DIRECTORS OR THESE BYLAWS MAY ASSIGN FROM TIME TO TIME. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED AND APPROVED BY THE INVESTMENT & FINANCE AND EXECUTIVE COMMITTEES BEFORE FILING. AFTER FILING THE FORM 990, THE PUBLIC DISCLOSURE COPY WILL BE SENT TO ALL TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. BY WAY OF A SIGNED CONFLICT OF INTEREST STATEMENT FOUNDATION OFFICERS, TRUSTEES AND STAFF ARE REQUIRED TO REPORT ANY POTENTIAL CONFLICTS OF INTEREST TO THE PRESIDENT OF THE FOUNDATION AND THE FOUNDATION'S EXECUTIVE DIRECTOR FOR REVIEW AND POSSIBLE REMEDIAL ACTION. ACTION MAY RESULT IN HOLDING THE INFORMATION ON FILE, INFORMING THE BOARD OF THE APPEARANCE OF A CONFLICT OR REQUIRING THE TRUSTEE TO RELINQUISH FOUNDATION TRUSTEESHIP OR REQUIRING THE TRUSTEE TO CEASE THE ACTIVITY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR ANY OF THE ORANIZATIONS OFFICERS OR KEY EMPLOYEES BY REVIEWING SALARY SURVEYS OF PEER ORGANIZATIONS AND EMPLOYEE PERFORMANCE. THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF MINNESOTA STATE UNIVERSITY MOORHEAD. COMPENSATION IS DETERMINED AND PAID IN ACCORDANCE TO THEIR PROCEDURES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE LOCATED ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9: ROUNDING 2.