2025-05-09T16:25:53-05:00 2024-06-30 731413977 HOGANTAYLOR LLP 1225 N BROADWAY AVENUE SUITE 200 OKLAHOMA CITY OK 73103 990 2023-07-01 731293682 SOUTHERN NAZARENE UNIVERSITY FOUNDATION SOUT 4054916326 6729 NW 39TH EXPRESSWAY BETHANY OK 73008 PHIL WHITE TREASURER 4054916326 2025-05-08 1 1 ASHLEY M FOGLE P01258800 4058482020 2025-05-01 2023 2025-03-06 01:10:19Z PHIL WHITE 6729 NW 39TH EXPRESSWAY BETHANY OK 73008 6854875 0 X WWW.SNU.EDU X 1986 OK THE FOUNDATION SUPPORTS SOUTHERN NAZARENE UNIVERSITY, A 501(C)(3) ENTITY. 22 19 0 31 0 0 1097931 1670636 247092 76307 934886 805355 0 0 2279909 2552298 1418406 2379164 0 0 0 0 0 0 154499 582441 590064 2000847 2969228 279062 -416930 34841769 39064518 971172 559149 33870597 38505369 THE FOUNDATION SUPPORTS SOUTHERN NAZARENE UNIVERSITY, A 501(C)(3) ENTITY. 0 0 2379164 2379164 76307 SCHOLARSHIPS UNDER THE CONTROL OF THE SNU FOUNDATION. 2379164 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 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 0 0 0 0 X 22 19 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 OK X X PHIL WHITE 4054916326 6729 NW 39TH EXPRESSWAY BETHANY OK 73008 KEITH NEWMAN UNIVERSITY PRESIDENT 1.00 40.00 X X 0 219621 69766 PHIL WHITE TREASURER 1.00 40.00 X X 0 99941 11615 TONI MILLER PRESIDENT 1.00 X X 0 0 0 JR EMRICH VICE PRESIDENT 1.00 X X 0 0 0 TAMARA BURG BOARD MEMBER 1.00 X 0 0 0 JON CARGILL BOARD MEMBER 1.00 X 0 0 0 CLAUD CYPERT BOARD MEMBER 1.00 X 0 0 0 BILL DILLARD BOARD MEMBER 1.00 X 0 0 0 DOUG EATON BOARD MEMBER 1.00 X 0 0 0 STEPHANIE EATON BOARD MEMBER 1.00 X 0 0 0 CHUCK FOUNTAIN BOARD MEMBER 1.00 X 0 0 0 LOREN GRESHAM BOARD MEMBER 1.00 X 0 0 0 JAMES HOLLOWELL BOARD MEMBER 1.00 X 0 0 0 MYRNA LATHAM BOARD MEMBER 1.00 X 0 0 0 PHIL LINDQUIST BOARD MEMBER 1.00 X 0 0 0 KENNY MARCHANT BOARD MEMBER 1.00 X 0 0 0 JEFF MOSELEY BOARD MEMBER 1.00 X 0 0 0 C WAYNE RICE BOARD MEMBER 1.00 X 0 0 0 CHARLES RUDD BOARD MEMBER 1.00 X 0 0 0 DAVID SHOWALTER BOARD MEMBER 1.00 X 0 0 0 JOHN WILLIAMS BOARD MEMBER 1.00 X 0 0 0 GARY CUMMINGS BOARD MEMBER 1.00 40.00 X 0 38023 9875 0 357585 91256 0 0 1 0 0 196764 1473872 1670636 ADMINISTRATIVE FEES 900099 76307 76307 76307 727917 727917 4380015 4302577 77438 77438 77438 2552298 76307 0 805355 2379164 2379164 4850 4850 153840 153840 7111 7111 59068 59068 943 943 UNIVERSITY ADVANCEMENT 148856 148856 INSTITUTIONAL SUPPORT 42265 42265 INSTRUCTIONAL EXPENSE 39381 39381 PRINTING 350 350 133400 127757 5643 2969228 2379164 435565 154499 161895 154476 1900270 1542578 2560 19199 6000 6000 6000 25514820 27884333 7252224 9453932 4000 4000 34841769 39064518 826 1500 935917 526479 34429 31170 971172 559149 X 903113 899315 32967484 37606054 33870597 38505369 34841769 39064518 -416930 5051702 0 X 0 1 X 1 0 X X X 1 SOUTHERN NAZARENE UNIVERSITY 730587210 2 1 2379164 0 1 2379164 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31450799 1451690 5391975 2361560 35932904 29308912 861872 2766750 1486735 31450799 32994100 926635 -3239600 1372223 29308912 23491642 2482008 8223006 1202556 32994100 22542566 1699694 230852 981470 23491642 0.72455 0.27545 0 1 1 6000 6000 6000 LIMITED LIABILITY COMPANIES 7226132 F OTHER INVESTMENTS 2124709 F OTHER INVESTMENTS 103091 C 9453932 TRUST FUNDS HELD FOR OTHERS 31170 31170 7328051 5051702 5051702 2276349 153840 122109 275949 2552298 2693279 0 2693279 153840 122109 275949 2969228 PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE FOUNDATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD AS WELL AS BOARD-DESIGNATED FUNDS. UNDER THIS POLICY, AS APPROVED BY THE BOARD OF TRUSTEES, THE ENDOWMENT ASSETS ARE INVESTED WITH THE PRIMARY OBJECTIVE OF GROWTH AND A SECONDARY OBJECTIVE OF CURRENT INCOME. THE ASSET ALLOCATION POLICIES REFLECT AND ARE CONSISTENT WITH THE INVESTMENT OBJECTIVES AND RISK TOLERANCES EXPRESSED THROUGH THE INVESTMENT POLICY. PART XI, LINE 4B - OTHER ADJUSTMENTS: TRANSFER FROM UNIVERSITY NETTED FOR AUDIT PURPOSES 122,109. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFER FROM UNIVERSITY NETTED FOR AUDIT PURPOSES 122,109. 0 SOUTHERN NAZARENE UNIVERSITY 6729 NW 39TH EXPRESSWAY BETHANY OK 73008 730587210 501(C)(3) 2379164 0 PROVIDE SCHOLARSHIPS 1 0 0 0 0 0 0 0 0 0 0 KEITH NEWMAN UNIVERSITY PRESIDENT 0 219621 0 0 0 0 0 12152 0 57614 0 289387 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE TRUSTEES OF SOUTHERN NAZARENE UNIVERSITY HAVE THE POWER TO APPOINT OR ELECT THE MAJORITY OF THE FOUNDATION'S BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE TRUSTEES OF SOUTHERN NAZARENE UNIVERSITY HAVE THE POWER TO APPOINT OR ELECT THE MAJORITY OF THE FOUNDATION'S BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN GOVERNANCE DECISIONS ARE SUBJECT TO THE APPROVAL OF THE TRUSTEES OF SOUTHERN NAZARENE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER OF SOUTHERN NAZARENE UNIVERSITY, (THE PARENT ORGANIZATION OF THE FOUNDATION), THE SECRETARY/TREASURER OF SOUTHERN NAZARENE UNIVERSITY FOUNDATION, AND THE MEMBERS OF THE GOVERNANCE COMMITTEE OF THE SOUTHERN NAZARENE UNIVERSITY FOUNDATION, BEFORE IT IS FILED. AN E-MAIL IS SENT TO ALL DIRECTORS OF THE FOUNDATION NOTIFYING THEM OF THE ABOVE REVIEW PROCESS AND THE 990 IS MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND OFFICER OF THE FOUNDATION SHALL ANNUALLY SIGN A STATEMENT ACKNOWLEDGING THAT HE OR SHE (A) HAS RECEIVED A COPY OF THE FOUNDATION'S CONFLICTS OF INTEREST AND CONFIDENTIALITY POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, AND (C) HAS AGREED TO COMPLY WITH THE POLICY. THE STATEMENT SHALL DISCLOSE AS FULLY AS POSSIBLE THE NATURE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AND THE NATURE OF THE DIRECTOR OR OFFICER'S FINANCIAL INTEREST IN ANY PROPOSED TRANSACTION OR ARRANGEMENT INVOLVING THE FOUNDATION OR THE UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST SOUTHERN NAZARENE UNIVERSITY 6729 NW 39TH EXPRESSWAY BETHANY OK 73008 730587210 EDUCATION OK 501(C)(3) LINE 2 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1