2025-05-15T10:18:05-04:00 2024-06-30 383133790 ANDREWS HOOPER PAVLIK PLC 4295 OKEMOS RD STE 200 OKEMOS MI 488646201 990 2023-07-01 386085447 SAGINAW VALLEY STATE UNIVERSITY FOUNDATION SAGI 9899647132 7400 BAY ROAD UNIVERSITY CENTER MI 487100001 NOEL G HORNBACHER TREASURER 9899647132 2025-05-12 true false JULIE M PFEIFLE P00751307 5177060800 2025-05-12 2023 2025-03-06 01:10:19Z NOEL G HORNBACHER 7400 BAY ROAD UNIVERSITY CENTER MI 487100001 17036692 false X WWW.SVSU.EDU/FOUNDATION X 1963 MI TO GENERATE AND CULTIVATE A COMMUNITY OF ENTHUSIASTIC AND LOYAL DONORS WHO CONTRIBUTE TO THE DEVELOPMENT OF A PREMIER UNIVERSITY OF OUTSTANDING STUDENTS. 25 21 0 58 50758 28504 4000100 4564637 0 1560436 4457054 120553 50758 5681089 9072449 5816212 6041120 0 0 0 172608 1143029 1272937 6959241 7314057 -1278152 1758392 102424930 111604599 464164 144051 101960766 111460548 TO GENERATE AND CULTIVATE A COMMUNITY OF ENTHUSIASTIC AND LOYAL DONORS WHO CONTRIBUTE TO THE DEVELOPMENT OF A PREMIER UNIVERSITY OF OUTSTANDING STUDENTS. false false 6039656 6039656 TRANSFER TO SAGINAW VALLEY STATE UNIVERSITY TO FUND SCHOLARSHIPS, AWARDS, PROGRAMS, BUILDING PROJECTS, AND ENDOWED CHAIRS: SCHOLARSHIPS 2,454,062 AWARDS 48,655 PROGRAMS 2,603,106 BUILDING PROJECTS 523,296 ENDOWED CHAIRS 410,537 1464 1464 SUPPORT TO REGISTERED STUDENT ORGANIZATIONS AT SAGINAW VALLEY STATE UNIVERSITY: CARDINAL SINS 1,164 STUDENT ATHLETICS ADVISORY COMMITTEE 300 6041120 true true false false false false false false false true false true false true true false false true false false true false false false false false false true false true false false false false false false false false false false false false false true false false false true 4 0 true 0 true true true CJ false false false true true false false false false false false false false false X 25 21 false false false false false true false true true false false true true true true true true true true false MI X JANE ANDERSON 9899647132 7400 BAY ROAD UNIVERSITY CENTER MI 487100001 GEORGE GRANT JR FIRST VICE C 1.00 60.00 X X 0 429279 64690 DEBORAH R HUNTLEY DIRECTOR 1.00 60.00 X 0 259383 54948 ELLEN E CRANE INTERIM EXEC 48.00 12.00 X 0 191787 52121 SUSAN L CRANE TREASURER 5.00 60.00 X X 0 188188 25924 MARY ANNE ACKERMAN SECRETARY 1.00 32.00 X X 0 71401 8311 DAVID J ABBS IMMEDIATE PA 1.00 0.00 X X 0 0 0 DR WAHEED AKBAR CHAIR 1.00 0.00 X X 0 0 0 VICTOR H AVILES DIRECTOR 1.00 0.00 X 0 0 0 JESSICA BENTOSKI DIRECTOR 1.00 0.00 X 0 0 0 SHEILDA D BRADDOCK DIRECTOR 1.00 0.00 X 0 0 0 SCOTT L CARMONA DIRECTOR 1.00 0.00 X 0 0 0 BETHANY CHARLTON DIRECTOR 1.00 0.00 X 0 0 0 SARAH L DELAHANTY DIRECTOR 1.00 0.00 X 0 0 0 MARY F DRAVES SECOND VICE 1.00 0.00 X X 0 0 0 ANNE H FLEGENHEIMER DIRECTOR 1.00 0.00 X 0 0 0 VANCE B FULTON DIRECTOR 1.00 0.00 X 0 0 0 JIMMY GREENE DIRECTOR 1.00 0.00 X 0 0 0 NOEL G HORNBACHER TREASURER 5.00 60.00 X X 0 0 0 JOHN D L HUMPHREYS DIRECTOR 1.00 0.00 X 0 0 0 BHUSHAN KULKARNI DIRECTOR 1.00 0.00 X 0 0 0 JOHN M KUNITZER DIRECTOR 1.00 0.00 X 0 0 0 KP KARUNAKARAN MD DIRECTOR 1.00 0.00 X 0 0 0 ADELE R MARTIN DIRECTOR 1.00 0.00 X 0 0 0 TOM NELLENBACH DIRECTOR 1.00 0.00 X 0 0 0 KIMBERLY A NORRIS DIRECTOR 1.00 0.00 X 0 0 0 KENNETH G ROZNOWSKI DIRECTOR 1.00 0.00 X 0 0 0 VICKI L RUPP DIRECTOR 1.00 0.00 X 0 0 0 CASSIE JO THIERFELDER DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL T TRIBBLE SECRETARY 1.00 0.00 X X 0 0 0 KATIE ZEHNDER WEISS DIRECTOR 1.00 X 0 0 0 RAJKUMARI M WIENER DIRECTOR 1.00 0.00 X 0 0 0 MARTHA ZEHNDER-KACZYSKI DIRECTOR 1.00 0.00 X 0 0 0 1140038 205994 false true false 181054 4383583 20234 4564637 2296767 2296767 10124530 7964243 2160287 2160287 2160287 SILVER POINT SPECIALTY 900099 39022 39022 H.I.G 900099 10423 10423 COMMONFUND PRIVATE EQUITY VII 900099 1320 1320 -7 -7 50758 9072449 50758 4457054 6041120 6041120 201607 201607 ENDOWMENT MANAGEMENT FEE 1020888 848280 172608 CHARITABLE GIFT ANNUITY 37773 37773 FEDERAL AND STATE TAXES 12669 12669 7314057 6041120 1100329 172608 2437458 4636621 555494 229889 149365 1017602 73669587 78404358 19740448 21397748 5872578 5918381 102424930 111604599 274995 85460 189169 58591 464164 144051 X 11266748 12178903 90694018 99281645 101960766 111460548 102424930 111604599 1758392 7741390 X false true X true false X 5899082 12070659 6255918 4000100 4564637 32790396 5899082 12070659 6255918 4000100 4564637 32790396 10431165 22359231 2020121 2385909 3989445 2268172 2296767 12960414 63612 92382 66196 96668 28504 347362 46098172 0.48500 0.52960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100445643 1858370 11031919 3333638 110002294 92339747 2617360 8688486 3199950 100445643 106849851 4498618 -16086862 2921860 92339747 85389333 921270 23488582 2949334 106849851 84839680 816226 2372417 2638990 85389333 0.16630 0.83370 true false ALTERNATIVE INVESTMENTS 21397748 F 21397748 BENEFICIAL INTEREST TRUSTS 5907188 LIFE INSURANCE 11193 5918381 CHARITABLE GIFT ANNUITIES 58591 58591 16612232 7741390 7741390 8870842 201607 201607 9072449 7112450 7112450 201607 201607 7314057 SCHEDULE D, PAGE 2, PART V, LINE 4 THE SAGINAW VALLEY STATE UNIVERSITY FOUNDATION HAS 365 DIFFERENT ENDOWMENTS AS OF JUNE 30, 2024 WHICH FUND VARIOUS SCHOLARSHIPS, AWARDS, PROGRAMS, AND ENDOWED CHAIRS AT SAGINAW VALLEY STATE UNIVERSITY. false CENTRAL AMERICA & THE CARIBBEAN INVESTMENT 14262922 NORTH AMERICA INVESTMENT 42380 14305302 14305302 true false true true true false SCHEDULE F, PAGE 1, PART I, LINE 3 CENTRAL AMERICA & THE CARIBBEAN 0 14,262,922 NORTH AMERICA 0 42,380 SCHEDULE F, PAGE 5, PART V NO GRANTS ARE PAID TO ORGANIZATIONS OUTSIDE THE UNITED STATES. THE ONLY ACTIVITY OUTSIDE THE UNITED STATES IS INVESTMENT IN ALTERNATIVE INVESTMENTS. true SAGINAW VALLEY STATE UNIVERSITY 7400 BAY ROAD UNIVERSITY CENTER MI 487100001 381798800 115 6039656 SUPPORT UNIVERSITY 1 SCHEDULE I, PAGE 1, PART I, LINE 2 ALL SCHOLARSHIPS ARE TO STUDENTS ATTENDING SAGINAW VALLEY STATE UNIVERSITY AND ALL OTHER GRANTS ARE FOR ACTIVITIES/PROGRAMS/AWARDS AT SAGINAW VALLEY STATE UNIVERSITY, WHICH IS LOCATED IN SAGINAW, MICHIGAN. SCHOLARSHIPS ARE AWARDED TO THE INDIVIDUAL STUDENTS BUT ARE PAID DIRECTLY TO THE UNIVERSITY. THEREFORE, THE FUNDS ARE ONLY USED IN THE UNITED STATES. false true false false false false false false false GEORGE GRANT JR FIRST VICE CHAIR 341727 87552 39600 26323 493969 DEBORAH R HUNTLEY DIRECTOR 245685 13698 30239 25942 314331 ELLEN E CRANE INTERIM EXECDIRECTOR 175859 15928 22200 31154 243908 SUSAN L CRANE TREASURER 184624 3564 22330 4827 214112 SCHEDULE J, PART III PART I - 4B GEORGE GRANT, JR AND DEBORAH HUNTLEY PARTICIPATE IN A NONQUALIFIED DEFERRED COMPENSATION PLAN OFFERED BY SAGINAW VALLEY STATE UNIVERSITY (A RELATED ORGANIZATION). DURING CALENDAR YEAR 2023, NO ADDITIONAL AMOUNTS WERE DEFERRED UNDER THE PLAN. PAYMENTS TO PARTICIPANTS, IF ANY, WILL BE MADE AT THE COMPLETION OF THE EMPLOYMENT CONTRACT/UPON RETIREMENT. THE SVSU FOUNDATION DOES NOT HAVE ANY DIRECT EMPLOYEES. ALL INDIVIDUALS THAT WORK WITH THE SVSU FOUNDATION ARE EMPLOYED BY SAGINAW VALLEY STATE UNIVERSITY. FORM 990 ALL LINES LEFT BLANK ARE NOT APPLICABLE TO THE ORGANIZATION. FORM 990, PART V, LINE 4B CAYMAN ISLANDS FORM 990, PAGE 6, PART VI, LINE 7A THERE ARE THREE GROUPS OF BOARD MEMBERS ON THE SVSU FOUNDATION BOARD. ONE GROUP IS APPOINTED BY THE SVSU BOARD OF CONTROL, ONE GROUP IS APPOINTED DUE TO THE NATURE OF THEIR DUTIES AT SVSU, AND THE THIRD GROUP IS ELECTED BY A MAJORITY OF THE DIRECTORS THEN IN OFFICE. ALL BOARD MEMBERS HAVE THE SAME VOTING RIGHTS. FORM 990, PAGE 6, PART VI, LINE 11B A COMPLETE COPY OF FORM 990 IS PROVIDED ELECTRONICALLY TO THE BOARD OF DIRECTORS OF SAGINAW VALLEY STATE UNIVERSITY (SVSU) FOUNDATION PRIOR TO SUBMISSION TO THE IRS. THE TREASURER REVIEWS THE FORM 990 WITH THE BOARD AT THEIR MEETING. FORM 990, PAGE 6, PART VI, LINE 12C EACH BOARD MEMBER COMPLETES AND SUBMITS A SIGNED COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY. DOCUMENTS ARE REVIEWED BY THE SVSU FOUNDATION ADMINISTRATION FOR POTENTIAL AREAS OF CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE SVSU FOUNDATION DOES NOT HAVE ANY DIRECT EMPLOYEES. ALL INDIVIDUALS THAT WORK WITH THE SVSU FOUNDATION ARE EMPLOYED BY SAGINAW VALLEY STATE UNIVERSITY. THE PRESIDENT (CEO)'S SALARY IS APPROVED BY THE SAGINAW VALLEY STATE UNIVERSITY BOARD OF CONTROL. THE EXECUTIVE VICE PRESIDENT AND VICE PRESIDENTS' SALARIES ARE APPROVED BY THE PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 15B OTHER OFFICERS AND KEY EMPLOYEE SALARIES ARE APPROVED BY THE APPROPRIATE EXECUTIVE VICE PRESIDENT OR VICE PRESIDENT AND PRESIDENT. THE UNIVERSITY PARTICIPATES AND REGULARLY REVIEWS INDUSTRY SPECIFIC COMPENSATION SURVEYS TO DETERMINE REASONABLENESS OF SALARIES. FORM 990, PAGE 6, PART VI, LINE 19 THE SAGINAW VALLEY STATE UNIVERSITY FOUNDATION MAKES GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE SAGINAW VALLEY STATE UNIVERSITY FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE INCLUDED AS A DISCRETELY PRESENTED COMPONENT UNIT IN THE AUDITED FINANCIAL STATEMENTS OF SAGINAW VALLEY STATE UNIVERSITY. THE AUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEARS ENDING JUNE 30, 2014 THROUGH JUNE 30, 2024 ARE AVAILABLE ON THE WEBSITE AT HTTPS://WWW.SVSU.EDU/CONTROLLERSOFFICE/FINANCIALSTATEMENTS. SAGINAW VALLEY STATE UNIVERSITY 7400 BAY ROAD UNIVERSITY CENTER MI 487100001 381798800 UNIVERSITY MI 115 N/A false false true true false false false false false false false false false true false false false false false false SAGINAW VALLEY STATE UNIVERSITY B 6039656 ACTUAL SAGINAW VALLEY STATE UNIVERSITY C 181054 ACTUAL SAGINAW VALLEY STATE UNIVERSITY M 1020888 ACTUAL SCHEDULE R PART V, LINES 1(B) AND 2(1): THE SAGINAW VALLEY STATE UNIVERSITY FOUNDATION'S PRIMARY PURPOSE IS TO SUPPORT SAGINAW VALLEY STATE UNIVERSITY. GIFTS TOTALING 6,039,656 WERE TRANSFERRED TO SAGINAW VALLEY STATE UNIVERSITY TO FUND SCHOLARSHIPS, AWARDS, PROGRAMS, BUILDING PROJECTS, AND ENDOWED CHAIRS. THIS AMOUNT IS REPORTED ON FORM 990, PART III, LINE 4A AS A PROGRAM SERVICE; FORM 990, PART IX, LINE 1; AND SCHEDULE R, PART V, LINE 1B AND 2(1). PART V, LINES 1(C) AND 2(2): DURING THE TAX YEAR, SAGINAW VALLEY STATE UNIVERSITY (A RELATED ORGANIZATION-PUBLIC UNIVERSITY EXEMPT UNDER SECTION 115 AS A POLITICAL SUBDIVISION OF THE STATE OF MICHIGAN) CONTRIBUTED 181,054 TO SELECTED ENDOWMENTS. PART V, LINES 1(M) AND 2(3): SAGINAW VALLEY STATE UNIVERSITY FOUNDATION PAYS THE UNIVERSITY A FEE OF UP TO ONE PERCENT OF THE ENDOWMENT ANNUALLY TOWARDS THE COSTS OF OPERATING THE FOUNDATION WHICH ARE PROVIDED BY THE UNIVERSITY. DURING THE TAX YEAR, THE FOUNDATION PAID 1,020,888 WHICH IS ALLOCATED BETWEEN MANAGEMENT/GENERAL AND FUNDRAISING EXPENSES.