2025-04-30T15:03:31-04:00 2024-06-30 520783935 SMITH ELLIOTT KEARNS & COMPANY LLC 19405 EMERALD SQUARE STE 1400 HAGERSTOWN MD 21742 990 2023-07-01 811054787 SHEPHERD UNIVERSITY FOUNDATION SUPPORTING ORGANIZATION SHEP 3048765391 PO BOX 5000 SHEPHERDSTOWN WV 25443 SHERRI JANELLE EXEC VICE PRESIDENT 3048765391 2025-04-28 true true KELLY T SMITH CPA P02283604 3017335020 2025-04-28 2023 2025-03-06 01:10:19Z SHERRI JANELLE PO BOX 5000 SHEPHERDSTOWN WV 25443 1927763 false X X 2016 WV THE ORGANIZATION IS INTENDED TO BE A TYPE I SUPPORTING ORGANIZATION FOR THE BENEFIT OF, AND CONTROLLED BY, SHEPHERD UNIVERSITY FOUNDATION, INC. WHICH IS A PUBLICLY SUPPORTED ORGANIZATION. THE SPECIFIC OBJECTIVES ARE TO SOLICIT, COLLECT, AND OTHERWISE RAISE MONEY, TO EXPEND, DISBURSE, AND DISPOSE OF THE SAME, AND TO DO ANY AND ALL THINGS NECESSARY OR INCIDENTAL FOR THE PURPOSE OF ACCOMPLISHING THE PURPOSES AND MISSION OF SHEPHERD UNIVERSITY FOUNDATION, INC. 7 7 0 7 0 0 1870242 1923571 1000 896 2780 3296 1874022 1927763 0 0 118822 148543 0 0 2029900 1765835 2148722 1914378 -274700 13385 18211263 17529671 21402960 20707983 -3191697 -3178312 X THE ORGANIZATION IS INTENDED TO BE A TYPE I SUPPORTING ORGANIZATION FOR THE BENEFIT OF, AND CONTROLLED BY, SHEPHERD UNIVERSITY FOUNDATION, INC. WHICH IS A PUBLICLY SUPPORTED ORGANIZATION. THE SPECIFIC OBJECTIVES ARE TO SOLICIT, COLLECT, AND OTHERWISE RAISE MONEY, TO EXPEND, DISBURSE, AND DISPOSE OF THE SAME, AND TO DO ANY AND ALL THINGS NECESSARY OR INCIDENTAL FOR THE PURPOSE OF ACCOMPLISHING THE PURPOSES AND MISSION OF SHEPHERD UNIVERSITY FOUNDATION, INC. false false 1854945 1923571 SUPPORT THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF, SHEPHERD UNIVERSITY FOUNDATION, INC. 1854945 true false false false false false false false false false true false false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false true true false false false true X 0 0 0 false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true false false false X SHERRI JANELLE 3048765391 PO BOX 5000 SHEPHERDSTOWN WV 25443 SHERRI JANELLE EXEC VICE PR 0.20 40.00 X 0 38461 15129 JAMES TAYLOR FORMER EXEC 0.20 40.00 X 0 118656 8069 BREANNE RUGH COMPTROLLER 0.20 40.00 X 0 69051 7552 CHRISTOPHER S COLBERT PRESIDENT 0.20 2.00 X X 0 0 0 D BENJAMIN DEUELL VICE PRESIDE 0.20 2.00 X X 0 0 0 KARL L WOLF SECRETARY 0.20 2.00 X X 0 0 0 AUSTIN SLATER JR TREASURER 0.20 2.00 X X 0 0 0 ROBERT JENSENIUS DIRECTOR 0.20 1.00 X 0 0 0 DR JASON BEST DIRECTOR 0.20 1.00 X 0 0 0 TAMMY GILL DIRECTOR 0.20 1.00 X 0 0 0 226168 30750 false false false DORMITORY RENTAL INCOME 611710 1923571 1923571 1923571 896 896 VENDING MACHINES 900099 3296 3296 3296 1927763 1923571 4192 124954 102985 21969 7308 5967 1341 7294 875 6419 8987 7423 1564 4466 4466 18556 18556 12674 12674 56365 52690 3675 1919 476 1443 1113264 1113264 524696 524696 12465 12465 EQUIPMENT REPAIRS 14311 14311 MISCELLANEOUS 5195 5195 STUDENT ACTIVITES 1924 1924 1914378 1854945 59433 0 960072 660127 50915 60993 23873 29315 21255267 4487129 17172905 16768138 3498 11098 18211263 17529671 18086 17771 20830194 20468160 554680 222052 21402960 20707983 X -3191697 -3178312 -3191697 -3178312 18211263 17529671 13385 X false true X true true true X X X 1 SHEPHERD UNIVERSITY FOUNDATION INC 556020064 5 true 1330249 0 1 1330249 0 true false false false false false false false false false false false false false false true false SUPPLEMENTAL INFORMATION PART I - LINE 12(G) SHEPHERD UNIVERSITY FOUNDATION SUPPORTING ORGANIZATION (THE SUPPORTING ORGANIZATION) WAS ESTABLISHED TO PROVIDE SUPPORT TO SHEPHERD UNIVERSITY FOUNDATION, INC. (THE FOUNDATION), WHICH IS A COMPONENT UNIT OF SHEPHERD UNIVERSITY (THE UNIVERSITY), A GOVERNMENT UNIT. THE SUPPORTING ORGANIZATION HAD SEVERAL DIRECT TRANSACTIONS WITH THE UNIVERSITY AS DISCLOSED IN THE FINANCIAL STATEMENTS FOOTNOTE 15. THE EXPENSES PAID DIRECTLY TO THE UNIVERSITY ARE INCLUDED IN FUNCTIONAL EXPENSES IN PART IX OF THE FORM 990 AND ARE TREATED AS SUPPORT TO THE FOUNDATION AND SHOWN ON PART I LINE G OF SCHEDULE A DUE TO THE FOUNDATION'S PURPOSE OF PROVIDING SUPPORT TO THE UNIVERSITY AND THE SUPPORTING ORGANIZATION PROVIDING SUPPORT TO THE FOUNDATION. THE DIRECT PAYMENTS TO THE UNIVERSITY FROM THE SUPPORTING ORGANIZATION SIMPLIFIES BOOKKEEPING FOR ALL ENTITIES. 20264976 3496838 16768138 990291 990291 16768138 DUE TO AFFILIATES 222052 222052 X 1927763 1927763 1927763 1914378 1914378 1914378 SCHEDULE D, PAGE 3, PART X THE FOUNDATION FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE FOUNDATION'S POLICY IS TO CHARGE PENALTIES AND INTEREST TO INCOME TAX EXPENSE AS INCURRED. THE FOUNDATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. FORM 990 - ORGANIZATION'S MISSION THE ORGANIZATION IS INTENDED TO BE A TYPE I SUPPORTING ORGANIZATION FOR THE BENEFIT OF, AND CONTROLLED BY, SHEPHERD UNIVERSITY FOUNDATION, INC. WHICH IS A PUBLICLY SUPPORTED ORGANIZATION. THE SPECIFIC OBJECTIVES ARE TO SOLICIT, COLLECT, AND OTHERWISE RAISE MONEY, TO EXPEND, DISBURSE, AND DISPOSE OF THE SAME, AND TO DO ANY AND ALL THINGS NECESSARY OR INCIDENTAL FOR THE PURPOSE OF ACCOMPLISHING THE PURPOSES AND MISSION OF SHEPHERD UNIVERSITY FOUNDATION, INC. FORM 990, PART V THE SHEPHERD UNIVERSITY FOUNDATION SERVES AS THE COMMON PAYMASTER FOR THE SHEPHERD UNIVERSITY FOUNDATION SUPPORTING ORGANIZATION. THE SUPPORTING ORGANIZATION REIMBURSES THE FOUNDATION FOR ALL PAYROLL AND RELATED EXPENSES THAT APPLY TO THEIR SUPPORTING FUNCTIONS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED AND SIGNED BY THE EXECUTIVE VICE PRESIDENT OF SHEPHERD UNIVERSITY FOUNDATION, INC., THE SUPPORTED ORGANIZATION. THE FORM 990 IS THEN DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE THE RETURN IS FILED. THE PUBLIC DISCLOSURE COPY IS KEPT ON FILE IN THE SHEPHERD UNIVERSITY FOUNDATION OFFICES. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION FOLLOWS THE SAME GUIDELINES FOR CONFLICTS OF INTEREST AS ITS SUPPORTED ORGANIZATION, SHEPHERD UNIVERSITY FOUNDATION, INC. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. SHEPHERD UNIVERSITY FOUNDATION INC PO BOX 5000 SHEPHERDSTOWN WV 25443 556020064 UNIVERSITY WV 501C3 5 X false SHEPHERD UNIVERSITY 301 NORTH KING STREET SHEPHERDSTOWN WV 25443 556000799 UNIVERSITY WV 6 N/A false false false false false false false false false false true true false false true true true true false false