2025-05-15T13:44:30+00:00 2024-06-30 990 2023-07-01 381554664 Michigan Tech Fund MICH 9064872642 1400 Townsend Drive Houghton MI 49931 Julie Seppala Treasurer 9064872642 2025-05-15 true 2023 2025-03-06 01:10:19Z Julie Seppala 1400 Townsend Drive Houghton MI 49931 50560304 false X www.mtu.edu/giving/ X 1965 MI Receives, invests, and disburses contributions raised to support Michigan Technological University. 10 4 0 13 0 0 16284778 20453786 0 0 4301965 6523211 118612 89653 20705355 27066650 13689913 19479935 0 0 0 0 0 0 0 938083 846016 14627996 20325951 6077359 6740699 222223366 238523751 16302749 16928381 205920617 221595370 Receives, invests, and disburse contributions raised to support Michigan Technological University. false false 14722223 14722223 The Michigan Tech Fund provides financial support to all Michigan Technological University's academic units and to its infrastructure. 4757712 4757712 The Michigan Tech Fund awards approximately 1,000 scholarships and fellowships to Michigan Technological University. 19479935 true true false true false false false false true false true false false true false true true false false false false false false false false false true false false false false false false false false false false true false false false false true false true false true 40 0 true 0 false false false false true true true true false false false false false false false X 10 4 false false false false false true false true true false false false true false false true true false false false MI X X Julie Seppala 9064872642 1400 Townsend Drive Houghton MI 49931 Richard Koubek President X X 0 0 0 William Roberts Vice President X X 0 0 0 Brenda Ryan Director X 0 0 0 James Parm Director X 0 0 0 Jeffrey Littmann Director X 0 0 0 Jon Jipping Director X 0 0 0 Karl LaPeer Director X 0 0 0 Michael Pulick Chair X 0 0 0 Nicolas Stevens Director X 0 0 0 Steve Tomaszewski Director X 0 0 0 Julie Seppala Treasurer X 0 0 0 Karla Aho Secretary X 0 0 0 0 0 0 0 false false false 0 20453786 1425237 20453786 0 0 0 0 0 3884866 3884866 0 0 26131999 23493654 2638345 0 2638345 2638345 Miscellaneous 900099 89653 89653 0 0 0 0 89653 27066650 89653 0 6523211 19479935 19479935 0 0 502694 502694 327505 0 327505 0 15817 15817 0 0 0 0 20325951 19479935 846016 0 2222 2222 11841663 11413666 19227172 21529650 0 0 0 0 0 0 0 0 126811692 130372401 55324326 65925530 0 9016291 9280282 222223366 238523751 18721 272097 0 0 16284028 16656284 16302749 16928381 X 9916770 10701756 196003847 210893614 205920617 221595370 222223366 238523751 6740699 8934054 0 X false true X true false X 12761242 34977235 17259222 16284778 20453812 101736289 0 0 12761242 34977235 17259222 16284778 20453812 101736289 5245262 96491027 2791232 2218131 2554135 3385429 3884866 14833793 0 0 0 0 0 0 0 116570082 0 0.8278 0.8232 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 127000 false false false 127000 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY Advocate in support of the university's legislative purpose. 155891037 6546860 13620252 2237357 2022074 2709927 169088791 147630662 5650768 8204280 1779385 1118048 2697240 155891037 151519725 7571242 -5265420 1825277 1417523 2952085 147630662 117623889 9069630 29326931 1241456 744767 2514502 151519725 113644897 5467724 3973130 1422167 558500 3481195 117623889 0.0 1.0 0.0 false false 20000 C Hedge funds 7472684 F Real estate and natural resources 18131857 F Private equity 33807248 F Global credit 6493741 F 65925530 Annuity obligations 4556103 Pooled income obligations 221209 Deferred inflows 11878972 16656284 35498010 8934054 0 8934054 26563956 502694 0 502694 27066650 19823257 0 0 19823257 502694 0 502694 20325951 Schedule D, Part V, Line 4 Intended uses of endowment funds The Michigan Tech Fund uses its endowment funds to award financial aid to Michigan Technological University students and to provide support to other University programs. true Michigan Tech University 1400 Townsend Dr Houghton MI 49931 386005955 115(a) 19049932 430003 FMV & appraisal equipment & real property support programs 1 0 X 54 995234 Other - Quoted price on established exchange X Equipment 58 430003 Opinions of experts 0 false true false Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The business and affairs of the Michigan Tech Fund are managed by a Board of ten Directors, consisting of three individuals appointed from the Michigan Technological University 's Board of Trustees, the President of the University, and Chief Financial Officer, the Vice President for Advancement, and four at-large members. Form 990, Part VI, Line 11b Review of form 990 by governing body The Board does not review form 990. They are aware that it is available upon request. Form 990, Part VI, Line 19 Required documents available to the public The Michigan Tech Fund posts it's policy manual and it's audited financial statements on it's website. Michigan Technological University 1400 Townsend Drive Houghton MI 49931 386005955 Higher education MI 501(c)(1) NA false false true false false false false false false false false false true true true true true false false false Michigan Technological University B 16502285 Fair market value Michigan Technological University P 2977650 Fair market value Schedule R, Part V, Line 2 Schedule R, Part V, Line 2 The value of shared employees, services, and facilities is not readily determinable and is not reported in column (c).