2025-05-15T08:17:41-05:00 2024-06-30 550538163 SUTTLE & STALNAKER PLLC 501 5TH AVENUE SUITE 1 HUNTINGTON WV 25701 990 2023-07-01 556023559 FAIRMONT STATE FOUNDATION INC FAIR 3045348786 1300 LOCUST AVENUE FAIRMONT WV 26555 LINDA RUDY AUDIT CHAIR 3045348786 2025-05-11 1 0 WADE NEWELL CPA P01051041 3045250301 2025-05-09 2023 2025-03-06 01:10:19Z LINDA RUDY 1300 LOCUST AVENUE FAIRMONT WV 26555 7019934 0 X WWW.FSUFOUNDATION.ORG X 1960 WV SCHOLARSHIPS AND OTHER FINANCIAL SUPPORT TO FAIRMONT STATE UNIVERSITY STUDENTS AND FACULTY. 21 21 9 21 0 0 1755434 2263794 82589 29974 216074 1200983 1068 5186 2055165 3499937 1938659 1161787 0 0 586753 618799 0 0 328761 607642 995143 3133054 2775729 -1077889 724208 39258710 43114573 429432 372583 38829278 42741990 TO SOLICIT, RECEIVE, MANAGE, AND ADMINISTER GIFTS ON BEHALF OF FAIRMONT STATE UNIVERSITY. 0 0 2131937 1161787 29974 SUPPORT FOR FAIRMONT STATE UNIVERSITY STUDENTS AND FACULTY IN PROVIDING SCHOLARSHIPS, LOANS, AND FUNDING MATCHING REQUIREMENTS. 2131937 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 WV X X JESSE ISNER 3045348786 1300 LOCUST AVENUE FAIRMONT WV 26554 KIMBERLY K PELILLO VICE CHAIR 2.00 X X 0 0 0 KEVIN D WILFONG SECRETARY 2.00 X X 0 0 0 GARY BENNETT DIRECTOR 2.00 X 0 0 0 KATHY MARTIN DIRECTOR 2.00 X 0 0 0 K ALEX MILLER DIRECTOR 2.00 X 0 0 0 NICHOLAS OXLEY DIRECTOR 2.00 X 0 0 0 CHAD RILEY DIRECTOR 2.00 X 0 0 0 JAMES W DEVAUL DIRECTOR 2.00 X 0 0 0 MILLER L HALL DIRECTOR 2.00 X 0 0 0 JOHN WILSON DIRECTOR 2.00 X 0 0 0 SANTINO CAVA DIRECTOR 2.00 X 0 0 0 BRADY CAMPBELL DIRECTOR 2.00 X 0 0 0 DR MIKE DAVIS DIRECTOR 2.00 X 0 0 0 JOHN GUIDO TREASURER 2.00 X X 0 0 0 CHRISTINE MURPHY DIRECTOR 2.00 X 0 0 0 TAYLOR DOWNS DIRECTOR 2.00 X 0 0 0 ADAM ROHALY DIRECTOR 2.00 X 0 0 0 CHRISTINA LAVORATA DIRECTOR 2.00 X 0 0 0 ALETHEA MOODY WISE DIRECTOR 2.00 X 0 0 0 DIXIE YANN CHAIR 2.00 X X 0 0 0 LINDA RUDY DIRECTOR 2.00 X 0 0 0 RENEE ALLISON COO 40.00 X 88431 0 16479 JESSE ISNER CFO 40.00 X 78002 0 12810 ANNE BOLYARD PRESIDENT 40.00 X 19231 0 0 185664 0 29289 0 0 0 0 0 19250 2244544 2263794 EDUCATIONAL SUPPORT 611710 29974 29974 29974 854995 854995 3859801 3513813 345988 345988 345988 11370 19250 6184 5186 5186 3499937 29974 0 1206169 1161787 1161787 205366 92414 102683 10269 286966 64897 59464 162605 89212 28503 29378 31331 37255 11903 12268 13084 14150 14150 66230 66230 30350 30350 3876 1238 1276 1362 44500 14218 14655 15627 374 119 123 132 10543 3369 3472 3702 6608 2111 2176 2321 ATHLETIC EXPENSES 363498 354615 4299 4584 EDUCATIONAL SERVICES 223460 223460 FUND EXPENSES 76787 76787 FUNDRAISING EXPENSES 67786 67786 86981 30286 40737 15958 2775729 2131937 315031 328761 992848 1408864 2475360 2286687 955062 1011722 28200 19899 409724 67750 340088 341974 31222728 34454789 3244424 3590638 39258710 43114573 2865 2761 423819 367357 2748 2465 429432 372583 X 3279639 3109003 35549639 39632987 38829278 42741990 39258710 43114573 724208 3139168 49336 0 X X 0 1 X 1 0 X 3041726 3704794 3107050 1755434 2263794 13872798 3041726 3704794 3107050 1755434 2263794 13872798 13872798 520602 500330 694205 1096571 854995 3666703 17539501 959809 0.79090 0.81740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 29957801 1174062 4651952 861920 18156 452885 34450854 28443847 595784 2261462 920645 374258 48389 29957801 31741589 2055875 -3303740 1081346 873806 94725 28443847 25285327 1797688 7107169 996359 1365094 87142 31741589 24174615 1752589 573079 820359 314068 80529 25285327 0.02000 0.98000 0 0 68000 68000 272000 49093 222907 69724 18657 51067 341974 PERPETUAL CHARITABLE TRUSTS 3590638 3590638 LIFETIME ANNUITIES 2465 2465 X 6628395 3139168 49336 6184 3194688 3433707 66230 66230 3499937 2715683 6184 6184 2709499 66230 66230 2775729 PART IV, LINE 2B: THE FOUNDATION HOLDS $367,357 AS OF JUNE 30, 2024 FOR THE BENEFIT OF PIERPONT FOUNDATION, INC., ANOTHER UNRELATED 501(C)(3) ORGANIZATION. TRANSFERS WILL REQUIRE THE WRITTEN PERMISSION OF THE CONTACT PERSONS OF THESE FUNDS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). ALL REQUIRED FEDERAL INFORMATION RETURNS FOR THE FOUNDATION HAVE BEEN FILED UP TO, AND INCLUDING THE YEAR ENDED JUNE 30, 2024. THE FOUNDATION'S FEDERAL INFORMATION RETURNS FOR THE TAX YEARS ENDED JUNE 30, 2022, 2023 AND 2024, REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES SPRING GOLF 22170 14250 7920 FAME BANQUET 8450 5000 3450 3137 3047 30620 19250 11370 3137 3047 6184 5186 1 FAIRMONT STATE UNIVERSITY 1201 LOCUST AVENUE FAIRMONT WV 26554 556000778 HIGHER EDUCATION 1161787 0 SUPPORT FOR FAIRMONT STATE UNIVERSITY FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY HAS GIVEN AUTHORITY TO THE AUDIT COMMITTEE TO REVIEW FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REQUIRES THAT THE BOARD OF DIRECTORS COMPLETE CONFLICT OF INTEREST QUESTIONNAIRES ANNUALLY. IDENTIFIED CONFLICTS ARE THEN INVESTIGATED. FORM 990, PART VI, SECTION B, LINE 15A THE FOUNDATION'S BOARD OF DIRECTORS PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT AND FINANCIAL OFFICER INCLUDE COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO PUBLIC UPON REQUEST AND 990'S ARE ALSO AVAILABLE ON GUIDESTAR. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.