2025-11-04T12:02:16-05:00 2025-06-30 410978542 HOFFMAN & BROBST PLLP PO BOX 548 MARSHALL MN 56258 990 2024-07-01 237108470 SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION SOUT 5075326265 1501 STATE STREET MARSHALL MN 56258 BRAD BACON PRESIDENT 5075377427 2025-10-31 true true ERIC EBEN CPA P00946594 5075325735 2025-10-31 2024 2025-03-06 01:10:19Z BRAD BACON FOUNDERS HALL 1500 STATE ST MARSHALL MN 56258 11446378 false X WWW.SMSUFOUNDATION.ORG X 1963 MN TO PROMOTE SOUTHWEST MINNESOTA STATE UNIVERSITY AND RAISE MONEY FOR SCHOLARSHIPS FOR STUDENTS. 20 20 0 55 168125 2628570 3260006 336004 365311 2877120 1297344 491937 505549 6333631 5428210 2178324 2628502 0 333191 495266 0 194829 1234999 1111069 3746514 4234837 2587117 1193373 30694384 40271058 2666256 3597105 28028128 36673953 TO PROMOTE SOUTHWEST MINNESOTA STATE UNIVERSITY AND RAISE MONEY FOR SCHOLARSHIPS FOR STUDENTS. false false 1428878 1428878 SCHOLARSHIPS: A SPECIFIC GIFT APPLIES TOWARD TUITION AND FEES FOR STUDENTS WHO DEMONSTRATE ACADEMIC AND/OR ATHLETIC LEADERSHIP, TO CONTINUE THEIR STUDIES AT SOUTHWEST MINNESOTA STATE UNIVERSITY. 1906254 1199624 365311 UNIVERSITY PROMOTION AND RECRUITMENT: MONIES USED TO PROMOTE SOUTHWEST MINNESOTA STATE UNIVERSITY THROUGH THE ADVERTISING MEDIA AND TO RECRUIT OUTSTANDING INDIVIDUALS TO ATTEND SOUTHWEST MINNESOTA STATE UNIVERSITY. 3335132 true true false false false false false true false true true false true false true false true false false false false false false false true false false true true false false false false false false false false false true false false false false false false false false false 19 0 true 0 true true false false false false false false false X 20 20 false false false false false false false true true false false false false false false false false false MN X NATHAN POLFLIET 5075376265 1501 STATE STREET MARSHALL MN 56258 X AL ANDERSON DIRECTOR X 0 0 0 KRISTI MUKOMELA 1ST VICE PRE X 0 0 0 JULIE BLEYHL DIRECTOR X 0 0 0 TINA CARTWRIGHT DIRECTOR X 0 0 0 JERRY BLY 2ND VICE PRE X 0 0 0 STEVE BINDER DIRECTOR X 0 0 0 CINDY VERSCHAETSE SECRETARY/TR X 0 0 0 SUMMER DAY DIRECTOR X 0 0 0 DAVE WERPY PAST PRESIDE X 0 0 0 BRAD BACON PRESIDENT 1.00 X 0 0 0 DUANE CARROW DIRECTOR X 0 0 0 JOE ROERS DIRECTOR X 0 0 0 NEAL WAHLMAN DIRECTOR X 0 0 0 TYLER BOWEN DIRECTOR X 0 0 0 JASMINE DESMET DIRECTOR X 0 0 0 MARIO HERNANDEZ DIRECTOR X 0 0 0 JASON HOFFMAN DIRECTOR X 0 0 0 NEIL KRUSE DIRECTOR X 0 0 0 GARY RANGE DIRECTOR X 0 0 0 TOM SAHLSTROM DIRECTOR X 0 0 0 false false false 32253 861944 2365809 102900 3260006 INTERNAL TRUSTEE FEES 365311 365311 365311 999765 999765 965718 691341 274377 274377 274377 5533651 5236072 297579 297579 297579 147737 32253 90755 56982 ADVERTISING REVENUE 541800 168125 168125 ATM INCOME 3060 3060 INCREASE IN CV LIFE INSURANCE 3005 3005 174190 5428210 297579 168125 1645518 1199624 1199624 1428878 1428878 495266 344579 150687 4033 1109 2924 189826 20254 136609 32963 388994 8035 362995 17964 144576 101199 8193 35184 22211 22211 10976 8988 1988 SUPPLIES 114165 91982 20218 1965 GIFTS AND AWARDS 56983 21837 35146 BAD DEBT EXPENSE 55226 55226 PAYMENTS TO OTHERS 47477 47477 76602 47947 17186 11469 4234837 3335132 704876 194829 294652 170007 2747472 1887970 2627289 2295551 428 22361 22361 42727 45800 8536601 4879561 4162807 3657040 20400580 22517988 9574454 41674 354394 99887 30694384 40271058 29884 241636 800858 621015 1835514 2734454 2666256 3597105 X 1284541 3916721 26743587 32757232 28028128 36673953 30694384 40271058 X 1193373 7452452 X false true X true false X 2223808 2794624 6663337 2628570 3260006 17570345 449179 224599 673778 2672987 3019223 6663337 2628570 3260006 18244123 18244123 1061760 1314207 1436601 1370141 1965483 7148192 298822 136209 153278 340218 342824 1271351 2583 2420 2579 4090 6065 17737 26681403 766087 0.68380 0.71380 X PART II, LINE 10 OTHER INCOME 11,672 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19745 X false 27030557 1022748 2133477 494826 30942 402055 29258959 18237767 939081 2758329 494697 170276 336004 20934200 14180633 3271462 1471274 336151 219202 130249 18237767 16274225 504230 -1920354 322724 174793 179951 14180633 13864271 331657 2743251 322906 69913 272135 16274225 0.00500 0.98000 0.01500 false false 490673 60000 550673 7983308 4876941 3106367 2620 2620 3657040 ENDOWED INVESTMENT - SATHER 6840000 ENDOWED INVESTMENT - NR 2734454 9574454 NOTES PAYABLE TO ENDOWMENT 2734454 2734454 14028673 7480452 428670 691341 8600463 5428210 5428210 5354848 428670 691341 1120011 4234837 4234837 SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES 691,341 FUNDRAISING EXPENSE 0 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 691,341 FUNDRAISING EXPENSE 0 GOLD RUSH RAFFL 148657 32253 116404 2958 56601 GOLF CLASSIC 30708 30708 8309 19928 179365 32253 147112 11267 76529 87796 59316 true SOUTHWEST ST UNIVER 1501 STATE STREET MARSHALL MN 56258 1199624 UNIVERSITY SUPPORT SCHOLARSHIPS - FOUNDATION 1428878 X 2 102900 false false false FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9 RENTAL EXPENSES 691,341 FUNDRAISING EXPENSE 0 RENTAL EXPENSES -691,341 FUNDRAISING EXPENSE 0