2025-11-17T16:41:20-06:00 2025-06-30 450250958 EIDE BAILLY LLP 5 TRIAD CENTER STE 600 SALT LAKE CITY UT 841801106 990 2024-08-22 994826553 AGGIE SANDSTONE FOUNDATION AGGI 4357971146 1445 OLD MAIN HILL LOGAN UT 843221445 DAVID COWLEY TREASURER 4357971146 2025-11-12 1 1 KYLE FRITCH CPA P01313374 8015322200 2025-11-11 2024 2025-03-06 01:10:19Z X KRISTIAN J OLSEN 1445 OLD MAIN HILL LOGAN UT 843221445 375484 0 X N/A X 2024 UT TO ENTER INTO A GROUND & BUILDING LEASE, AND ADMIN SERVICES AGREEMENT WITH UTAH STATE UNIV. 5 3 0 5 0 0 375484 0 0 0 375484 0 0 0 0 0 0 0 375484 14653118 14277634 375484 AGGIE SANDSTONE FOUNDATION (AGGIE), AS A SUPPORTING ORGANIZATION TO UTAH STATE UNIVERSITY (USU), LEASES AN ACADEMIC BUILDING TO USU FOR FURTHERING EDUCATIONAL OPPORTUNITIES FOR RESIDENTS IN THE MONUMENT VALLEY, UTAH AREA. 0 0 TO ENTER INTO A GROUND LEASE, BUILDING LEASE, AND ADMINISTRATIVE SERVICES AGREEMENT WITH UTAH STATE UNIVERSITY (USU) FOR THE PURPOSE OF EXPANDING USU'S MONUMENT VALLEY CAMPUS. 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 UT X UTAH STATE UNIVERSITY 4357971146 1445 OLD MAIN HILL LOGAN UT 84322 DAVID COWLEY DIRECTOR & TREASURER 1.00 40.00 X X 0 316609 78986 JAMES TAYLOR DIRECTOR 1.00 40.00 X 0 234569 41999 TERESA THEURER CHAIR 1.00 1.00 X X 0 0 0 KRISTIAN J OLSEN PRESIDENT 1.00 1.00 X 0 0 0 TIFFANY ALLISON SECRETARY 1.00 1.00 X 0 0 0 THOMAS LEE DIRECTOR 1.00 1.00 X 0 0 0 STEVE MECHAM DIRECTOR 1.00 1.00 X 0 0 0 0 551178 120985 0 0 1 0 0 375484 375484 375484 375484 0 0 0 0 0 0 0 7059015 7594103 0 0 7594103 0 14653118 1094886 13182748 0 14277634 X 375484 0 375484 0 14653118 375484 0 X 0 1 X 1 0 X X 1 UTAH STATE UNIVERSITY 876000528 2 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X PART IV, SECTION A, LINE 2: UTAH STATE UNIVERSITY HAS DUAL STATUS AS BOTH A GOVERNMENTAL ENTITY AND A 501(C)(3) ORGANIZATION. PART IV, SECTION E, LINE 1C: THE PURPOSE OF AGGIE SANDSTONE FOUNDATION IS TO SUPPORT THE EDUCATIONAL, TAX-EXEMPT MISSION OF UTAH STATE UNIVERSITY BY LEASING AN ACADEMIC BUILDING TO UTAH STATE UNIVERSITY FOR RESIDENTS IN THE MONUMENT VALLEY, UTAH AREA. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7594103 7594103 7594103 X 375484 0 375484 0 375484 0 0 0 0 0 PART X, LINE 2: THE FOUNDATION EVALUATES ITS TAX POSITIONS THAT HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN ON INCOME TAX RETURNS TO DETERMINE IF AN ACCRUAL IS NECESSARY FOR UNCERTAIN TAX POSITIONS. AS OF JUNE 30, 2025, THE UNRECOGNIZED TAX BENEFIT ACCRUAL WAS ZERO. THE FOUNDATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. 0 0 0 0 0 0 0 0 0 DAVID COWLEY DIRECTOR & TREASURER 0 316609 0 0 0 0 0 52873 0 26113 0 395595 0 0 JAMES TAYLOR DIRECTOR 0 234569 0 0 0 0 0 33309 0 8690 0 276568 0 0 PART I, LINE 3 THE COMPENSATION OF OFFICERS BY A RELATED ORGANIZATION (UTAH STATE UNIVERSITY) WAS ESTABLISHED USING ONE OR MORE OF THE METHODS DETAILED IN LINE 3. X CONSTRUCTION 1 375484 FMV 0 0 0 0 PART I, COLUMN (B): THE FOUNDATION IS REPORTING THE TOTAL NUMBER OF DONORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 2 DAVID COWLEY AND JAMES TAYLOR HAVE A BUSINESS RELATIONSHIP AS THEY ARE EMPLOYED BY A RELATED TAX EXEMPT ORGANIZATION. THE OFFICERS AND BOARD MEMBERS OF AGGIE SANDSTONE FOUNDATION ALSO HAVE BUSINESS RELATIONSHIPS WITH ONE ANOTHER DUE TO ALSO SERVING AS OFFICERS AND BOARD MEMBERS OF AGGIE REDROCK FOUNDATION, A BROTHER/SISTER RELATED TAX-EXEMPT ORGANIZATION THAT IS RELATED DUE TO COMMON CONTROL BY THIS SHARED BOARD. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B AN OUTSIDE CPA PREPARES THE 990 TAX RETURN AND SENDS A DRAFT RETURN TO THE BOARD OF DIRECTORS FOR REVIEW. ONCE THE RETURN IS REVIEWED AND REACHES SATISFACTORY STATUS WITH THE BOARD OF DIRECTORS, THE CPA ELECTRONCIALLY FILES THE 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12 EVERY THREE YEARS THE CONFLICT OF INTEREST POLICY REQUIRES OFFICERS AND DIRECTORS TO REVIEW THE POLICY AND DISCLOSE INTERSETS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. UTAH STATE UNIVERSITY 1445 OLD MAIN HILL LOGAN UT 84322 876000528 PUBLIC UNIVERSITY UT 501(C)(3) LINE 6 N/A 0 AGGIE REDROCK FOUNDATION 1445 OLD MAIN HILL LOGAN UT 843221445 853580118 CHARITABLE BUILDING LEASING UT 501(C)(3) LINE 12C, III-FI N/A 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 SCH R, PART II AGGIE RED ROCK IS LISTED AS A RELATED ORGANIZATION AS IT IS CONSIDERED A BROTHER-SISTER UNDER TAX REPORTING RULES AS IT HAS AN IDENTICAL BOARD WITH AGGIE SANDSTONE. NEITHER ORGANIZATION IS CONTROLLED FOR TAX PURPOSES BY USU.