2025-05-15T16:28:17-07:00 2024-06-30 990 2023-07-01 262912485 MARSHALL UNIVERSITY REAL ESTATE FOUNDATION INC MARS 3046966264 519 John Marshall Drive Huntington WV 25703 R Scott Anderson Executive Director 3046963388 2025-05-14 1 2023 2025-03-06 01:10:19Z R Scott Anderson 519 John Marshall Dr Huntington WV 25703 7576676 0 X X 2008 WV The Marshall University Real Estate Foundation is a supporting organization of the Marshall University Foundation organized to conduct real estate transactions for the benefit of Marshall University 7 7 0 7 0 0 966311 7322446 0 0 0 230780 17932203 23450 18898514 7576676 165334 0 0 0 0 0 0 0 0 819 30203188 166153 30203188 18732361 -22626512 22233301 11690052 1700055 13783318 20533246 -2093266 The Marshall University Real Estate Foundation is a supporting organization of the Marshall University Foundation organized to conduct real estate transactions for the benefit of Marshall University 0 0 30202311 0 7576676 The MUREF entered into a lease arrangement with Marshall University to construct and lease an educational building to the university. The construction was completed during the year. The project was funded with related party transfers from the supported organization and a construction loan. Final construction draws were paid in the next year. A loss on the transaction was recognized as it was classified as a sales-type lease. 0 0 0 30202311 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 WV X R Scott Anderson 3046963388 519 John Marshall Drive Huntington WV 25703 R Scott Anderson Executive Director 2 38 X 0 144716 33202 Joseph B Touma Director 1 1 X 0 0 0 J Patrick Jones Director 1 0 X 0 0 0 Gary Ambler Treasurer 1 0 X X 0 0 0 John Ashford Chair 2 0 X X 0 0 0 Lake Polan III Secretary 1 0 X X 0 0 0 Danny Vance Director 1 1 X 0 0 0 Mark Chandler Director 1 1 X 0 0 0 0 144716 33202 1 0 1 0 0 0 0 7322446 0 0 0 7322446 0 230780 230780 0 0 0 0 0 0 0 0 0 0 23450 0 0 0 23450 0 23450 23450 0 0 0 0 0 0 7576676 254230 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 937 60 877 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 302497 302497 0 0 0 0 0 0 0 0 0 0 0 0 0 0 29899754 29899754 0 0 30203188 30202311 877 0 1719721 18899 0 0 0 0 56950 97150 0 0 0 0 0 0 0 0 0 0 0 0 20456630 0 0 0 0 0 0 0 0 0 0 11574003 22233301 11690052 1700055 1305184 0 0 0 0 0 0 0 0 0 0 0 0 0 12478134 1700055 13783318 X 19882 18894 20513364 -2112160 20533246 -2093266 22233301 11690052 -22626512 X 0 1 X 1 0 X X X 1 The Marshall University Foundation Inc 556011111 5 1 20575008 0 1 20575008 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 Schedule A, Part IV, Section D, Line 3 The organization has common board representation. The Executive Director is CFO of the supported organization. The administrative functions of the organization are managed by the staff of the supported organization. Schedule A, Part IV, Section E, Line 2a The program activities include the construction and lease of an educational building for the college of business at Marshall University. Schedule A, Part IV, Section E, Line 2b The organization manages real estate activities on behalf of its supported organization in furtherance of its mission and in support of Marshall University. Prior to establishing the organization, the supported organization managed real estate activity, and in the absence of the organization the supported organization would be directly responsible to conduct those activities. Net investment in lease receivable 11574003 11574003 0 0 0 0 0 0 0 0 0 R Scott Anderson Executive Director 0 144716 0 0 0 0 0 8990 0 24212 0 177918 0 175817 Form 990, Part VI, Section B, Line 11b The Executive Director who is also CFO of the supported organization prepares and submits the return. Form 990, Part VI, Section B, Line 12c The board members provide an annual notice of conflicts which are reviewed by staff at the supported organizations. Form 990, Part VI, Section B, Line 15 The organization has no employees. The Executive Director is the CFO of the supported organization whose compensation is determined by the CEO of the supported organization. Form 990, Part VI, Section C, Line 19 Documents are available on request. The organization's financial statements are part of the audited consolidated financial statements of the supported organization which are publicly available as part of the audited financial statements of Marshall University Form 990, Part IX, Line 24e Loss recognized on sales-type lease. The Marshall University Foundation Inc 519 John Marshall Dr Huntington WV 25703 556011111 Provide support for Marshall University WV 501(c)(3) 170(b)(1)(A)(iv) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 The Marshall University Foundation Inc c 7360446 Private supported raised by the supported organization and transferred to the organization related to the construction of the education building for Marshall University college of business. The Marshall University Foundation Inc m 7360446 Funding was solicited for constructions of the new College of Business building at Marshall University the value was included in amounts granted to the organization for construction of the facility under lease agreements with Marshall University. The Marshall University Foundation Inc n 0 No estimate was made for the value of shared facilities and equipment utilized by the business off of the supported organization in support of the organization. The Marshall University Foundation Inc o 0 No estimate was made for the time spent by the supported organization in support of the activity of the organization related to routine activity and the construction of the new College of Business building on behalf of Marshall University. The Marshall University Foundation Inc p 38000 A portion of the operating lease proceeds were sent to the supported organization to reimburse for an estimate of costs incurred in the activities of the organization. Filed under extension