2025-05-14T16:01:49+00:00 2024-06-30 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2023-07-01 481032245 Kansas Wesleyan University Foundation KANS 7858334335 100 E Claflin Ave Salina KS 67401 Matthew Thompson President and CEO 7858334335 2025-05-14 true true Daren Daiga P01074795 5055022746 2025-05-14 2023 2025-03-06 01:10:19Z Matthew Thompson 100 E Claflin Ave Salina KS 67401 3292081 false X www.kwu.edu X 1986 KS The Foundation's mission is to secure gifts of money or property to advance the educational mission of Kansas Wesleyan University. 7 7 0 8 0 0 1079955 2089323 0 0 962645 -47680 177 0 2042777 2041643 1079592 939921 0 0 0 0 0 0 0 187200 241398 1266792 1181319 775985 860324 26343105 29729096 63746 205256 26279359 29523840 The Foundation is organized to secure gifts of money or property in efforts of advancing education and/or research; therefore, providing assistance in furthering the mission of Kansas Wesleyan University. false false 941453 939921 0 The Foundation's mission is to secure gifts of money or property to advance the educational mission of Kansas Wesleyan University. 941453 true true false false false false false false true false true false false true false false true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 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 Judy Holmes 7858334503 100 E Claflin Ave Salina KS 67401 Gustaf Applequist Vice Chair 3.0 X X 0 0 0 Robert Meyer Chairman 1.0 1.0 X X 0 0 0 Annie Boswell Director (part year) 1.0 X 0 0 0 David Branda Director 1.0 X 0 0 0 Jandrea Blumanhourst Director 1.0 X 0 0 0 Jenell Hulse Director 2.0 X 0 0 0 Mike Baumberger Director 1.0 X 0 0 0 Steve Scofield Director 1.0 X 0 0 0 Tom Wilbur Director (part year) 1.0 X 0 0 0 Annetta D Flax CFO, KWU 8.0 32.0 X 0 86651 15549 Catherine Doubrava Secretary 10.0 X 0 44877 2163 Dr Matthew Thompson President and CEO, KWU 8.0 32.0 X 0 260582 98663 Ken Oliver Administrator and EVPA, KWU 10.0 30.0 X 0 209268 25190 0 601378 141565 0 false true false 0 2089323 506782 2089323 0 0 0 0 0 502257 502257 0 0 700501 1250438 -549937 0 -549937 -549937 0 0 0 0 0 2041643 0 0 -47680 939921 939921 0 0 4183 4183 20250 20250 109259 109259 100000 0 100000 0 1497 1497 5509 832 4677 700 700 0 0 1181319 941453 239866 0 351433 528373 0 0 0 0 0 24796274 25707102 3295657 0 284570 1108792 26343105 29729096 0 63746 205256 63746 205256 X 26279359 29523840 26279359 29523840 26343105 29729096 X 860324 2350196 33961 X false true X true false X X 1 Kansas Wesleyan University 480543729 2 true 939921 0 1 939921 0 587716 4953925 1149999 1079955 2089323 9860918 0 0 587716 4953925 1149999 1079955 2089323 9860918 830642 9030276 325709 271182 370598 421007 502257 1890753 0 41445 379525 1068479 177 0 1489626 13241297 0 0.6820 X true false false false false false false false false false false false false false false false false Schedule A, Part II The organization is a supporting organization as described under Section 509(a)(3) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the organization can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. Schedule A, Part IV, Section B, Line 1 Power to elect or appoint The supported organization effectively supervises the organization's activities by nature of the Chair of the supported organization serving as an ex-officio, nonvoting member of the organization's board. The Chair of the Foundation also overlaps with the supported organization's board and the officers are also officers of the supported organization. This allows for sharing of expertise and experience and provides guidance to the organization's Board. This also fosters communication between the two entities and ensures alignment to the supported organization's mission. The supported organization's Chair attends regular meetings, provides updates to the supported organization's Board, and acts as a liaison between the two entities. Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISC. INCOME, COLUMN A - 41445.0, COLUMN B - 379525.0, COLUMN C - 1068479.0, COLUMN D - 177.0, COLUMN E - 0.0, COLUMN F - 1489626.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25991672 581786 3305682 678417 29200723 38075690 796435 3587171 16467624 25991672 41700624 1538090 -4042320 1120704 38075690 30759721 4953925 7166899 1179921 41700624 31179899 587716 141821 1149715 30759721 0.0 1.0 0.0 false false Cash and cash equivalents 99669 C Corporate bonds 978656 C Mortgage backed securities 79827 C Government and agency bonds 2137505 C 3295657 Due to related organization 205256 205256 Schedule D, Part V, Line 1e Column (b) In the previous year, the entire endowment was reported on the Foundation return, including that portion that was not held by the Foundation. The endowment balance has been updated on Part V, Line 1e, column (b) to remove the portion of the endowment not held by the Foundation and the current year activity reflects only the portion of the endowment held by the Foundation. Schedule D, Part V, Line 4 Intended uses of endowment funds Funds were established to receive, invest, and disburse amounts for the benefit of Kansas Wesleyan University. true Kansas Wesleyan University 100 E Claflin Avenue Salina KS 674016196 480543729 501(c)(3) 939921 Program Support 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The Foundation provides grants to Kansas Wesleyan University, a related organization, for scholarship and program support. Grants are monitored through the financial office of the University. false false false false false false false false false Dr Matthew Thompson President and CEO, KWU 0 254582 0 0 0 6000 0 24510 0 74153 0 359245 0 0 Ken Oliver Administrator and EVPA, KWU 0 204468 0 0 0 4800 0 20500 0 4690 0 234458 0 0 X 1 102524 Market value X 1 404258 Market value 2 false true false Form 990, Part VI, Line 15 The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Foundation members shall appoint from their number an Executive Committee of not less than four members who shall include the Chair, Vice Chair, Chair of Finance and Investment Committee, Chair of Audit Committee, and Chair of Governance and Nominating Committee. The Foundation Administrator, Treasurer and Secretary (if KWU staff member) shall serve ex-officio without a vote. Unless the Board specifically directs otherwise, during the intervals between meetings of the Board, the Executive Committee shall have, and may exercise, all powers of the Board in the management of the business and affairs of the Foundation at such time as the Foundation is not in session, in the manner such committee shall deem in the best interests of the Foundation. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by the CFO and the organization's designated committee of the Board of Trustees. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The President's Office is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in value of beneficial interest in trusts - 33961; Kansas Wesleyan University 100 Claflin Ave Salina KS 67401 480543729 Education KS 501(c)(3) 2 NA false false true false false false false false false false false false true true true true true false true false