2025-11-13T11:56:51-05:00 2025-06-30 990 2024-07-01 346576307 KENT STATE UNIVERSITY FOUNDATION % JESSICA H VARGO KENT 3306722222 PO BOX 5190 Kent OH 44242 JESSICA H VARGO CPA 3306720432 2025-11-13 true 2024 2025-03-06 01:10:19Z VALOREE VARGO PO BOX 5190 Kent OH 44242 46046801 false X WWW.KENT.EDU/ADVANCEMENT/KSUFOUNDATION X 1965 OH THE KENT STATE UNIVERSITY FOUNDATION PROVIDES LEADERSHIP, PRIVATE SECTOR FUNDING AND STEWARDSHIP OF GIFTS TO SUPPORT KENT STATE UNIVERSITY, MEET ITS NEEDS AND ACHIEVE ITS PRIORITES. 33 33 0 38 0 111347 17153117 18591715 0 2711824 3079589 1336593 718491 21201534 22389795 26327681 17412751 0 0 0 368470 3799551 3830815 30127232 21243566 -8925698 1146229 333642018 365185422 24551331 25837046 309090687 339348376 THE KENT STATE UNIVERSITY FOUNDATION PROVIDES LEADERSHIP, PRIVATE SECTOR FUNDING AND STEWARDSHIP OF GIFTS TO SUPPORT KENT STATE UNIVERSITY, MEET ITS NEEDS AND ACHIEVE ITS PRIORITES. false false 17412751 17412751 THE KENT STATE UNIVERSITY FOUNDATION PROVIDED GRANTS TO KENT STATE UNIVERSITY TO FURTHER THE UNIVERSITYS ACADEMIC, RESEARCH, AND PUBLIC SERVICE PROGRAMS. 17412751 true true false false false false false false false true true 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 true false false false false true 48 0 true 0 true true false false false false true true false false false false false false false false X 33 33 false false false false false false false true true false false true true true true false false false false false OH SC X JESSICA VARGO 3306722222 PO BOX 5190 Kent OH 44242 X JESSICA VARGO ASSISTANT TREASURER 2.00 0.00 X X 0 0 0 RAJ AGGARWAL - DECEASED DIRECTOR 1.00 0.00 X 0 0 0 LAWRENCE ARMSTRONG DIRECTOR 1.00 0.00 X 0 0 0 JAMES BAILEY BOARD CHAIR ELECT 2.00 0.00 X X 0 0 0 GARY BRAHLER DIRECTOR 1.00 0.00 X 0 0 0 HEATHER CERBONE DIRECTOR 1.00 0.00 X 0 0 0 TODD DIACON DIRECTOR 1.00 0.00 X 0 0 0 TIMOTHY EIPPERT DIRECTOR 1.00 0.00 X 0 0 0 BARRY FETTERMAN DIRECTOR 1.00 0.00 X 0 0 0 RICHARD FRENCHIE DIRECTOR 1.00 0.00 X 0 0 0 CATHY HEMMING DIRECTOR 1.00 0.00 X 0 0 0 CANDICE HUGHES DIRECTOR 1.00 0.00 X 0 0 0 GREG INNA SECRETARY 2.00 0.00 X X 0 0 0 RICHARD KRUMEL DIRECTOR 1.00 0.00 X 0 0 0 DALE LEPPO DIRECTOR 1.00 0.00 X 0 0 0 MARK LUCAS DIRECTOR 1.00 0.00 X 0 0 0 STEFFANY MATTICOLA LARKINS DIRECTOR 1.00 0.00 X 0 0 0 SCOTT MCKINNEY DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN MILKOVICH DIRECTOR 1.00 0.00 X 0 0 0 ROB RISMAN DIRECTOR 1.00 0.00 X 0 0 0 ROBERT ROSS DIRECTOR 1.00 0.00 X 0 0 0 DIANA STRONGOSKY DIRECTOR 1.00 0.00 X 0 0 0 MICHELLE THOMAS BOARD CHAIR 2.00 0.00 X X 0 0 0 DANIEL WOLFE DIRECTOR 1.00 0.00 X 0 0 0 JOHN ELLIOT DIRECTOR 1.00 0.00 X 0 0 0 PETER HOLWAY IMMEDIATE PAST CHAIR 2.00 0.00 X X 0 0 0 NORA JACOBS DIRECTOR 1.00 0.00 X 0 0 0 GREGORY LONG TREASURER 2.00 0.00 X X 0 0 0 VALOREE VARGO CHIEF EXECUTIVE OFFICER 2.00 0.00 X X 0 0 0 DIANE PETRELLA DIRECTOR 1.00 0.00 X 0 0 0 VALERIE PATTON GEORGE DIRECTOR 1.00 0.00 X 0 0 0 VIRGINIA ADDICOTT DIRECTOR 1.00 0.00 X 0 0 0 ROXIA BOYKIN DIRECTOR 1.00 0.00 X 0 0 0 VICKI HAYWOOD DOE DIRECTOR 1.00 0.00 X 0 0 0 ALEXANDER EVANS DIRECTOR 1.00 0.00 X 0 0 0 ANDREA GAUDING DIRECTOR 1.00 0.00 X 0 0 0 KENNETH GRUNLEY DIRECTOR 1.00 0.00 X 0 0 0 CHRISTIAN PALICH DIRECTOR 1.00 0.00 X 0 0 0 0 0 0 0 false false false PWC CAPITAL HOLDINGS LP (AGILITY) 767 FIFTH AVE New York NY 10153 OUTSOURCED CIO 120833 1 18591715 781729 18591715 1561918 1561918 3296119 3988734 -692615 -692615 -692615 21185943 19668272 1517671 1517671 1517671 0 Miscellaneous 900099 1411106 1411106 1411106 22389795 3798080 0 0 17412751 17412751 33524 33524 46287 46287 2027089 2027089 978598 978598 4434 4434 64 64 56565 56565 196304 33175 163129 247101 41760 205341 15474 15474 BANK FEES 91378 91378 OTHER PROF FEES 117620 117620 PROPERTY TAXES 10760 10760 ANNUAL REPORT 228 228 5389 5389 21243566 17412751 3462345 368470 16011337 17294674 31246610 28423788 135442 194859 319254 176458 18911751 2734834 16377738 16176917 15562972 20053299 253988665 282865427 333642018 365185422 420748 837165 24130583 24999881 24551331 25837046 X 27262004 34713368 281828683 304635008 309090687 339348376 333642018 365185422 X 1146229 29306719 -195259 X false true X true false X 16881344 43167059 18678407 17153117 18591715 114471642 16881344 43167059 18678407 17153117 18591715 114471642 12897377 101574265 1332572 1200576 1741804 1726770 1561918 7563640 1129685 721904 282330 112347 2246266 124281548 0.81730 0.83190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 194270387 10206481 21421382 7439204 218459046 174399905 8347785 18372903 6850206 194270387 158883518 6380011 15632531 6496155 174399905 187791551 2682272 -25208905 6381400 158883518 138113132 8414836 47409291 6145708 187791551 0.01000 0.42000 0.57000 true false 549121 1883120 2432241 16479510 2734834 13744676 16176917 PRIVATE EQUITY 55262844 F COMINGLED ASSET FUNDS 205778478 F REAL ASSETS 21824105 F 282865427 FUNDS HELD AS AGENT 14963699 CPAE BULDING LEASE 7673304 ACTUARIAL LIABILITES 2362878 24999881 53750104 29306719 91945 29398664 24351440 2027089 -3988734 -1961645 22389795 23492415 287204 287204 23205211 2027089 -3988734 -1961645 21243566 Part XI, Line 2d-Other revenue included on Sch D but not on 990 CHANGE IN ACTUARIAL LIABILITIES $-195,259GIFTS IN KIND $287,204 Part XI, Line 4b-Other revenue not included on Sch D but on 990 HOTEL RENTAL EXPENSES Part XII, Line 2d-Other expenses included on Sch D but not on 990 GIFTS IN KIND Part XII, Line 4b-Other expenses not included on Sch D but on 990 HOTEL RENTAL EXPENSES true KENT STATE UNIVERSITY PO BOX 5190 Kent OH 44242 316402079 115a 17412751 PROGRAM SUPPORT Monitoring procedures (Part I, line 2) THE KENT STATE UNIVERSTIY FOUNDATION REFERS TO DONORS MOU TO ENSURE MONIES ARE USED PROPERLY. X 41 781729 HIGH LOW AVERAGE false true true Form 990 governing body review Part VI line 11 A COMPLETE COPY OF FORM 990 WAS SENT ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW BEFORE IT WAS FILED WITH THE IRS. Conflict of interest policy compliance Part VI line 12c ANNUALLY, BOARD MEMBERS OF THE KENT STATE UNIVERSITY FOUNDATION MUST REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY CONFLICTS AND ACKNOWLEDGE THIS BY SIGNING A LETTER STATING ADHERENCE TO THE POLICY. MEMBERS WHO HAVE A CONFLICT OF INTERST WITH A PROPOSED TRANSACTION MUST EXCUSE THEMSELVES FROM DISCUSSION OF, AND VOTING ON, THE TRANSACTION. Governing documents etc available to public Part VI line 19 THE KENT STATE UNIVERSITY FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALL REQUESTS NEED TO BE IN WRITING AND DELIVERED BY HAND, US MAIL, OR EMAIL. Explanation of other changes in net assets or fund balances Part XI line 9 1. CHANGE IN ACTUARIAL LIABILITY $-195,259 DOWNTOWN KENT HOTEL LLC 350 S LINCOLN ST Kent OH 44242 454165843 HOTEL AND CONFERENCE CENTER OH 3296119 10907275 KENT STATE UNIVERSITY FOUNDATION