2025-05-14T17:05:36-05:00 2024-06-30 731185089 ARLEDGE & ASSOCIATES PC 832 NW 70TH ST OKLAHOMA CITY OK 73116 990 2023-07-01 736108032 UNIVERSITY OF CENTRAL OKLAHOMA FOUNDATION UNIV 4059742770 100 NORTH UNIVERSITY DRIVE EDMOND OK 73034 ALLEN WRIGHT PRESIDENT 4059742770 2025-05-14 1 1 JENNIFER LINDSTROM P02083973 4053480615 2025-05-13 2023 2025-03-06 01:10:19Z ALLEN WRIGHT 100 NORTH UNIVERSITY DRIVE EDMOND OK 73034 10586820 0 X WWW.CENTRALCONNECTION.ORG X 1954 OK FUNDING OF COLLEGE SCHOLARSHIPS AND SUPPORT OF UNIVERSITY PROGRAMS. 50 50 0 50 33676 32676 5718397 6297374 60636 60636 1127681 3223820 0 0 6906714 9581830 9713588 2953075 0 0 0 0 0 0 79474 1542557 2843838 11256145 5796913 -4349431 3784917 57111883 62297981 4966817 4371379 52145066 57926602 FUNDING OF COLLEGE SCHOLARSHIPS AND SUPPORT OF UNIVERSITY PROGRAMS. 0 0 4370839 2953075 60636 PROVIDE GIFTS, SCHOLARSHIPS, AND ORGANIZATIONAL SUPPORT TO THE UNIVERSITY OF CENTRAL OKLAHOMA AND ITS STUDENTS. 4370839 1 1 0 0 0 0 0 1 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 50 50 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AR CA FL GA KY MD MA MN MS NH NM NY NC OR PA TN UT WV WI X X X THE ORGANIZATION 4059742770 100 NORTH UNIVERSITY DRIVE EDMOND OK 73034 X BRANDON WEBSTER MEMBER AT-LARGE 1.00 X X 0 0 0 CAROLYN STAGER DONOR COMMITTEE CHAIR 1.00 X X 0 0 0 EMILY LANG IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 JEFF ATKINS GOVERNANCE COMMITTEE CHAIR 1.00 X X 0 0 0 KIRBY ROSS AUDIT COMMITTEE CHAIR 1.00 X X 0 0 0 MIKE PATTERSON CHAIRPERSON 1.00 X X 0 0 0 MONICA JACKSON ALUMNI ENGAGEMENT COMMITTEE CHAIR 1.00 X X 0 0 0 PEGGY KATES SECRETARY 1.00 X X 0 0 0 RANDY ROSS TREASURER 1.00 X X 0 0 0 SHEILA STINSON VICE CHAIR 1.00 X X 0 0 0 ALEXIS LOPRESTO TRUSTEE 1.00 X 0 0 0 ANCEL AIRINGTON TRUSTEE 1.00 X 0 0 0 ANDY MACAULAY TRUSTEE 1.00 X 0 0 0 ANN BENJAMIN TRUSTEE 1.00 X 0 0 0 BRIAN DOWNS TRUSTEE 1.00 X 0 0 0 CANDACE HOBBS TRUSTEE 1.00 X 0 0 0 CARLOS EVANS TRUSTEE 1.00 X 0 0 0 CASEY MOORE TRUSTEE 1.00 X 0 0 0 CYNTHIA QUICK BLACK TRUSTEE 1.00 X 0 0 0 DAVIS PURYEAR TRUSTEE 1.00 X 0 0 0 DENNIS MOUTRAY TRUSTEE 1.00 X 0 0 0 DERREK BELASE TRUSTEE 1.00 X 0 0 0 ERIC RUSSELL TRUSTEE 1.00 X 0 0 0 HEIDI RUSSELL TRUSTEE 1.00 X 0 0 0 JEANETTE NANCE TRUSTEE 1.00 X 0 0 0 JEFF COIL TRUSTEE 1.00 X 0 0 0 JENNIFER SANCHEZ TRUSTEE 1.00 X 0 0 0 JOHN BOBB-SEMPLE TRUSTEE 1.00 X 0 0 0 JONI MCCLAIN TRUSTEE 1.00 X 0 0 0 KATE O'NEILL RAUBER TRUSTEE 1.00 X 0 0 0 KEVIN HILL TRUSTEE 1.00 X 0 0 0 LEE BEASLEY TRUSTEE 1.00 X 0 0 0 MARILYN DAVIDSON TRUSTEE 1.00 X 0 0 0 MARK HOLLAND TRUSTEE 1.00 X 0 0 0 MATT BLUBAUGH TRUSTEE 1.00 X 0 0 0 MEGAN WESTBROOK TRUSTEE 1.00 X 0 0 0 MIKE KLOIBER TRUSTEE 1.00 X 0 0 0 MIKE STEFFEN TRUSTEE 1.00 X 0 0 0 PAIGE SHEPHERD TRUSTEE 1.00 X 0 0 0 PATRICK MOK TRUSTEE 1.00 X 0 0 0 PEGGY GEIB TRUSTEE 1.00 X 0 0 0 SCOTT WAUGH TRUSTEE 1.00 X 0 0 0 SHANE PATE TRUSTEE 1.00 X 0 0 0 SHEELY DOUGLAS TRUSTEE 1.00 X 0 0 0 SHERRY BEASLEY TRUSTEE 1.00 X 0 0 0 STACY BOZARTH TRUSTEE 1.00 X 0 0 0 TAMMY ALGER TRUSTEE 1.00 X 0 0 0 TOM THOMPSON TRUSTEE 1.00 X 0 0 0 WILL GATTENBY TRUSTEE 1.00 X 0 0 0 VICTORIA CALDWELL TRUSTEE 1.00 X 0 0 0 DARREN HELM EMERITUS TRUSTEE 0.00 X 0 0 0 GERRY PINKSTON EMERITUS TRUSTEE 0.00 X 0 0 0 JOSH MOORE EMERITUS TRUSTEE 0.00 X 0 0 0 KEITH KERSTEN EMERITUS TRUSTEE 0.00 X 0 0 0 LARRY WESTMORELAND EMERITUS TRUSTEE 0.00 X 0 0 0 RUTH BOSS EMERITUS TRUSTEE 0.00 X 0 0 0 ART COTTON PRESIDENT (FORMER) 35.00 X 0 0 0 0 0 0 0 0 0 0 0 6297374 20671 6297374 JAZZ LAB RENTAL 900099 60636 60636 60636 1805554 33676 1771878 2423256 1004990 1418266 1418266 1418266 9581830 60636 33676 3190144 X 2953075 2953075 33825 33825 40350 40350 7824 7548 276 1159783 512872 567437 79474 197320 48561 148759 396139 259870 136269 117315 13275 104040 263806 226352 37454 617 617 38840 38840 6449 100 6349 TAX EXPENSE 1858 1858 EXHIBITIONS, SHOWS, SPE 268839 164108 104731 ATHLETIC UNIFORMS 141822 139260 2562 PUBLIC SERVICE 108842 8750 100092 60209 37068 23141 5796913 4370839 1346600 79474 209344 372489 3934595 13600472 1050684 1307533 1222671 884380 377131 338291 51221357 46332887 318772 346309 57111883 62297981 1771878 1873900 197057 136679 2997882 2360800 4966817 4371379 X 6364045 5500705 45781021 52425897 52145066 57926602 57111883 62297981 X 3784917 2013455 -16836 X 0 1 X 1 0 X 4735581 4274564 18726950 5718397 6297374 39752866 1351614 1256844 1346205 1501354 1588617 7044634 6087195 5531408 20073155 7219751 7885991 46797500 8190554 38606946 946783 840169 1257060 1471265 1805554 6320831 25133 76990 28460 37808 33676 202067 53320398 0.72410 0.72120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 0 1 X 39496555 1699243 4707957 798392 45105363 34830647 3263643 3502981 2100716 39496555 39358150 1859374 -4834883 1551994 34830647 31434762 2628952 6636389 1341953 39358150 31405419 1101065 364646 1436368 31434762 1.00000 1 0 50000 50000 1151836 865145 286691 19235 19235 0 1600 1600 338291 X 13167066 2013455 1588617 3602072 9564994 16836 16836 9581830 7385530 1588617 1588617 5796913 0 5796913 PART III, LINE 4: THE FOUNDATION MAINTAINS VARIOUS COLLECTIONS OF AFRICAN ART, CRYSTALS, ARTIFACTS, MEMORABILIA, AND SIMILAR ASSETS. THESE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, RESEARCH, AND FURTHERANCE OF PUBLIC SERVICE RATHER THAN FOR FINANCIAL GAIN. THESE ASSETS ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED BY THE UNIVERSITY. AS A MATTER OF POLICY, THE PROCEEDS OF ITEMS IN THE COLLECTIONS THAT ARE SOLD ARE USED TO ACQUIRE OTHER ITEMS FOR COLLECTION. THE FOUNDATION DOES NOT INCLUDE EITHER THE COST OR THE VALUE OF ITS COLLECTIONS IN THE STATEMENT OF FINANCIAL POSITION, NOR DOES IT RECOGNIZE GIFTS OF COLLECTION ITEMS AS REVENUES IN THE STATEMENT OF ACTIVITIES. PART IV, LINE 2B: CUSTODIAL LIABILITIES REPRESENT ASSETS HELD ON BEHALF OF THE UNIVERSITY OF CENTRAL OKLAHOMA ALUMNI ASSOCIATION (THE ALUMNI ASSOCIATION) AND OTHER CAMPUS ORGANIZATIONS FOR WHICH THE FOUNDATION ACTS AS A CUSTODIAN. THE ASSETS HELD ARE INVESTED, AND INVESTMENT INCOME, DISTRIBUTIONS AND OTHER REVENUES AND EXPENSES OF THESE FUNDS INCREASE AND/OR DECREASE THE CARRYING VALUE OF THE ASSET AND CUSTODIAL FUNDS LIABILITY. FOR FINANCIAL REPORTING PURPOSES, DISTRIBUTIONS FROM THE CUSTODIAL FUNDS AND CONTRIBUTIONS TO THE CUSTODIAL FUNDS ARE NOT INCLUDED IN THE EXPENSES AND REVENUE OF THE UNIVERSITY. THE RELATED ASSETS ARE DISTRIBUTABLE TO THE ORGANIZATIONS UPON REQUEST. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 500 INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE FOUNDATION MUST HOLD IN PERPETUITY. THE ENDOWMENT ASSETS ARE INVESTED WITH THE PRIMARY OBJECTIVE OF REALIZING APPRECIATION ON INVESTMENT VALUES AND THE SECONDARY GOAL OF PROVIDING CURRENT INCOME TO SUPPORT UNIVERSITY PROGRAMS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS ACTIVITIES. AS SUCH, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO TAX UNDER SECTION 511(A) TO THE EXTENT IT HAS UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION HAS NO MATERIAL UNRELATED BUSINESS TAXABLE INCOME FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. FEDERAL AND STATE INCOME TAX STATUTES DICTATE THAT TAX RETURNS FILED IN ANY OF THE PREVIOUS THREE REPORTING PERIODS REMAIN OPEN TO EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST 16,836. 1 UNIVERSITY OF CENTRAL OKLAHOMA 100 N UNIVERSITY DRIVE EDMOND OK 73034 731353314 501(C)(3) 1425906 0 UNIVERSITY SUPPORT UNIVERSITY OF CENTRAL OKLAHOMA 100 N UNIVERSITY DRIVE EDMOND OK 73034 731353314 501(C)(3) 1527169 0 SCHOLARSHIPS 1 PART I, LINE 2: SCHOLARSHIPS AND GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. SCHOLARSHIPS AND GRANTS ARE PAID DIRECTLY TO THE UNIVERSITY OF CENTRAL OKLAHOMA FOR ITS STUDENT SCHOLARSHIPS AND OPERATIONS. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS WILLIAM LEE BEASLEY AND SHERRY BEASLEY HAVE A FAMILIAL RELATIONSHIP. BOARD MEMBERS ANN BENJAMIN AND STACY BOZARTH ALSO HAVE A FAMILIAL RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FINANCE DIRECTOR AND PRESIDENT REVIEW AND CONSULT WITH TAX ACCOUNTANTS/ADVISORS. ONCE THIS GROUP IS SATISFIED WITH THE RETURN IT IS CIRCULATED ELECTRONICALLY TO THE FULL BOARD FOR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND OTHER APPLICABLE MEMBERS OR EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS AND ANNUALLY ATTEST TO THEIR ADHERENCE TO THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION WEBSITE OR UPON REQUEST FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 512,872. MANAGEMENT AND GENERAL EXPENSES 567,437. FUNDRAISING EXPENSES 79,474. TOTAL EXPENSES 1,159,783. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST -16,836.