2025-12-23T06:35:07-08:00 2025-06-30 854025759 Burris & Six CPA LLC 242 Alabama Ave Bogalusa LA 70427 990 2024-07-01 452986977 MARY R GALLASPY CHARITABLE TRUST NO TWO MARY 3183574250 535 UNIVERSITY PARKWAY NATCHITOCHES LA 71497 DR STEVE HORTON Executive Director 2025-11-21 true true DAVID SIX CPA P01336214 9857322594 2024 2025-03-06 01:10:19Z 535 UNIVERSITY PARKWAY NATCHITOCHES LA 71497 4131142 false X N/A X 2011 LA The trust instrument of the Charitable Trust directs that its income, and income only, shall be used by the Northwestern State University Foundation to establish two equal scholarship funds for undergraduate students at Northwestern State University. 32 32 0 0 0 0 993815 1632427 2521278 2498715 3515093 4131142 0 0 32400 32400 0 0 3111755 3175874 3144155 3208274 370938 922868 43285358 46240837 22281523 23132096 21003835 23108741 The trust instrument of the Charitable Trust directs that its income, and income only, shall be used by the Northwestern State University Foundation to establish two equal scholarship funds for undergraduate students at Northwestern State University. false false 3130573 Monies representing trust income were both distributed to and are currenty held for the benefit of the Northwestern State University Foundation for the establishment of the following two scholarship funds:HETTIE M. FINCHER SCHOLARSHIP, to be for an undergraduate student or students, whose major is mathematics or a closely related field.MARY R. GALLASPY SCHOLARSHIP, to be for an undergraduate student or students, whose major is business or education. 3130573 true false false false false false false false false true true false false 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 false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false false false false X 32 32 false false false false false false false true true false false true true true true true false false false false X STEVE HORTON 3183574250 535 UNIVERSITY PARKWAY NATCHITOCHES LA 71497 DRAKE OWENS Trustee 5.00 0.00 X 32400 0 0 TERRELL TJ WOODARD Trustee 1.00 0.00 X 0 0 0 BRIAN BAILEY Trustee 1.00 0.00 X 0 0 0 PETE ABINGTON Trustee 1.00 0.00 X 0 0 0 B SCOTT ANDREWS Trustee 1.00 0.00 X 0 0 0 JOHN BONNETTE Trustee 1.00 0.00 X 0 0 0 CLOYD BENJAMIN Trustee 1.00 0.00 X 0 0 0 HENRY BURNS Trustee 1.00 0.00 X 0 0 0 REATHA COX Trustee 1.00 0.00 X 0 0 0 JOHN A MANNO JR Trustee 1.00 0.00 X 0 0 0 TERELL TJ W GORHAM JR Trustee 1.00 0.00 X 0 0 0 MOLLY BEACH Trustee 0.00 0.00 X 0 0 0 REGINA PIERCE Trustee 0.00 0.00 X 0 0 0 STEVE HORTON Executive Dir. 1.00 0.00 X X 0 0 0 NICK COURVILLE Trustee 1.00 0.00 X 0 0 0 MICHELLE HOLLENSHEAD Trustee 1.00 0.00 X 0 0 0 WESLEY BREEDEN Trustee 1.00 0.00 X 0 0 0 ALEX WASHINGTON Trustee 1.00 0.00 X 0 0 0 MICHAEL J MURPHY Trustee 1.00 0.00 X 0 0 0 LENN PRINCE Trustee 0.00 0.00 X 0 0 0 TERRY MOORE Trustee 1.00 0.00 X 0 0 0 TRE NELSON Trustee 1.00 0.00 X 0 0 0 MIKE KNOTTS Trustee 1.00 0.00 X 0 0 0 JOHN ROBINSON Trustee 0.00 0.00 X 0 0 0 VIRGINIA BURKETT Trustee 1.00 0.00 X 0 0 0 NICOLE GRAY Trustee 1.00 0.00 X 0 0 0 LELA WILKES Trustee 1.00 0.00 X 0 0 0 SHERRY MORGAN Trustee 1.00 0.00 X 0 0 0 BARBARA JO PEASE Trustee 1.00 0.00 X 0 0 0 THOMAS WRIGHT Trustee 1.00 0.00 X 0 0 0 MIKE WILBURN Trustee 1.00 0.00 X 0 0 0 JILL MORRISON Trustee 1.00 0.00 X 0 0 0 32400 0 false false false 0 0 0 1632427 1632427 0 2331987 2331987 18924 18924 18924 18924 0 0 0 0 TIMBER SALES 110000 147804 147804 147804 4131142 4131142 0 0 0 0 32400 32400 0 0 0 0 0 0 0 24020 24020 0 0 0 8226 8226 0 2225 2225 0 0 0 0 0 0 0 0 0 6086 6086 INCOME RECEIVED FBO NSU FUND 3130573 3130573 PROPERTY TAX 3972 3972 Postage and Shipping 420 420 MEMBERSHIP DUES 352 352 0 3208274 3130573 77701 0 0 3333374 4039954 0 0 0 0 0 0 0 12016822 12016822 12016822 26264149 28650841 0 0 0 1671013 1533220 43285358 46240837 22281523 23132096 22281523 23132096 X 21003835 23108741 21003835 23108741 43285358 46240837 922868 1182038 X false false false X X X 1 NSU FOUNDATION INC 726021495 5 false 0 0 1 0 true false false false false false false false false false false false false false false true 21003835 5313180 3130573 77701 23108741 19197620 4950370 3081798 62357 21003835 18815092 10697847 10254986 60333 19197620 20312492 5667206 7111393 53213 18815092 19170897 3292527 2082002 68930 20312492 false false false 12016822 12016822 12016822 DUE TO NSU FOUNDATION 23132096 23132096 Part V, Line 4: Intended uses of the endowment fund. The trust instrument of the Mary R. Gallaspy Charitable Trust No. Two directs that the income, and income only, from the Charitable Trust shall be used by the Northwestern State University Foundation to establish two equal scholarship funds for undergraduate students at Northwestern State University, and these scholarship funds shall be named and applied as follows:HETTIE M. FINCHER SCHOLARSHIP, to be for an undergraduate student or students, whose major is mathematics or a closely related field.MARY R. GALLASPY SCHOLARSHIP, to be for an undergraduate student or students, whose major is business or education.The funding of these scholarship funds will further the Charitable Trust's exempt purposes which are stated in the trust instrument and are as follows:(1)To improve the education and cultural welfare of Northwestern State University.(2)To aid students to continue their studies at Northwestern State University.(3)To exercise all powers and authority for the accomplishment of the objects and purposes of the Northwestern State University Foundation. Form 990, Part VI, Section B, Line 11b A copy of the completed Form 990 will be provided to the entire board of trustees prior to the return being filed. Form 990, Part VI, Section B, Line 12c All committees review all information provided quarterly and annually to determine if any potential conflict of interest exists. In addition, the entire board of trustees is required to disclose in writing any interests that could give rise to potential conflicts.The policy covers not only the trustees, but all employees who can influence the actions of the organization, including all who make purchasing decisions, all persons who might be described as "management personnel and anyone who has proprietary information concerning the organization and Northwestern State University.A duly appointed subject matter team shall hear and determine whether, in its opinion, a conflict exists based on the facts. In the case of an existing conflict, the team shall determine whether the transaction may be authorized as just, fair, and reasonable to the organization. The team decision shall be reported in written detail to the respective committee having jurisdiction over the subject matter, for review, comment, and recommendation to the full board. The final decision of the board on these matters will rest in its sole discretion, and governed by its concern for the welfare and best interest of the organization and advancement of its purposes. Form 990, Part VI, Section C, Line 19 None of these documents will be made available to the public. NSU FOUNDATION INC 535 UNIVERSITY PARKWAY NATCHITOCHES LA 71497 726021495 EDUCATIONAL SUPPORT LA 501(c)(3) 5 N/A false true false false true false false false false false false false false false false false false false true false NSU FOUNDATION INC a 83416 Cash NSU FOUNDATION INC d 1533220 Cash NSU FOUNDATION INC r 2280000 CASH