2026-05-13T16:20:49-05:00 2025-06-30 331498605 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2024-07-01 382953297 EASTERN MICHIGAN UNIVERSITY FOUNDATION EAST 7344841322 112 WELCH HALL 850 W CROSS ST YPSILANTI MI 48197 LAURA WILBANKS CFO 7344841322 2026-05-13 1 1 DORI J EGGETT P00645252 2483757100 2026-05-13 2024 2025-03-06 01:10:19Z MAHER SALAH 112 WELCH HALL 850 W CROSS ST YPSILANTI MI 48197 53102871 0 X WWW.EMUFOUNDATION.ORG X 1990 MI EASTERN MICHIGAN UNIVERSITY FOUNDATION'S PRIMARY PURPOSE IS TO SOLICIT PRIVATE FUNDS ON BEHALF OF AND FOR THE EXCLUSIVE BENEFIT OF EASTERN MICHIGAN UNIVERSITY, AND TO EXPAND ITS RESOURCE BASE THROUGH THE MANAGEMENT OF ASSETS AND THE INVESTMENT AND DISBURSEMENT OF FUNDS. 28 28 49 150 219225 212770 24250783 14777234 1931860 1950193 2971114 4150473 55587 38967 29209344 20916867 19152357 15346660 0 0 2766336 3130905 0 0 2356037 1385277 1715093 23303970 20192658 5905374 724209 124405171 130113641 4222998 1619768 120182173 128493873 X THE EASTERN MICHIGAN UNIVERSITY FOUNDATION, THROUGH COLLABORATIVE RELATIONSHIPS WITH INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND OTHER ORGANIZATIONS, CREATES OPPORTUNITIES THAT WILL PROVIDE ADDITIONAL SUPPORT TO THE STUDENTS, PROGRAMS, SERVICES AND EDUCATIONAL COMMUNITY OF EASTERN MICHIGAN UNIVERSITY. THE EASTERN MICHIGAN UNIVERSITY FOUNDATION WILL ACHIEVE ITS MISSION THROUGH IMAGE ENHANCEMENT, EFFECTIVE ASSET MANAGEMENT, ENTREPRENEURIAL EFFORTS AND DEVELOPMENT ACTIVITIES. 0 0 12613356 12613356 2012797 GIFT ALLOCATION TO EMU-THE FOUNDATION RECEIVES GIFTS ON BEHALF OF EMU. GIFTS DESIGNATED AS EXPENDABLE SCHOLARSHIPS & PROGRAM SERVICES ARE COLLECTED BY THE FOUNDATION AND DIRECTLY DISBURSED TO EMU. ALL OTHER GIFTS ARE ENDOWED/INVESTED FOR FUTURE DISBURSEMENT. 2733304 2733304 ENDOWED SCHOLARSHIPS AND PROGRAM SERVICES SPENDING ALLOCATED TO EMU-SPENDING FROM THE SCHOLARSHIP & PROGRAM SERVICE ENDOWMENTS ARE DISTRIBUTED TO EASTERN MICHIGAN UNIVERSITY. 15346660 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 9 0 1 49 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 1 0 1 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MI X LAURA WILBANKS 7344841322 112 WELCH HALL 850 W CROSS ST YPSILANTI MI 48197 MILTON MACK CHAIR 1.00 0.00 X X 0 0 0 SAMUEL HIRSCH VICE CHAIR 1.00 0.00 X X 0 0 0 KAREN PACIOREK VICE CHAIR 1.00 0.00 X X 0 0 0 RICHARD NORTHRUP TREASURER 1.00 0.00 X X 0 0 0 DONALD LOPPNOW MEMBER AT LARGE 1.00 0.00 X X 0 0 0 KAREN ANDREWS TRUSTEE 0.50 0.00 X 0 0 0 JOHN BAILEY TRUSTEE 0.50 0.00 X 0 0 0 JEREMIAH BELTON TRUSTEE 0.50 0.00 X 0 0 0 HOWARD BOOTH TRUSTEE 0.50 0.00 X 0 0 0 JACK BOOTH TRUSTEE 0.50 0.00 X 0 0 0 JEFFREY BOURDON TRUSTEE 0.50 0.00 X 0 0 0 MARILYN CORSIANOS TRUSTEE 0.50 0.00 X 0 0 0 TERI DENNINGS TRUSTEE 0.50 0.00 X 0 0 0 KENNETH DOBSON TRUSTEE 0.50 0.00 X 0 0 0 BRIAN EINHORN TRUSTEE 0.50 0.00 X 0 0 0 SAMUEL ESTES TRUSTEE 0.50 0.00 X 0 0 0 NATHAN FORD TRUSTEE 0.50 0.00 X 0 0 0 SCOTT FRUSH TRUSTEE - PART YEAR 0.50 0.00 X 0 0 0 JEROME HARVEY TRUSTEE 0.50 0.00 X 0 0 0 ROBERT HENRY TRUSTEE 0.50 0.00 X 0 0 0 MARWAN ISSA TRUSTEE 0.50 0.00 X 0 0 0 JOYCE JENEREAUX TRUSTEE 0.50 0.00 X 0 0 0 MARY SUE MARZ TRUSTEE 0.50 0.00 X 0 0 0 DANIEL OPPERMAN TRUSTEE 0.50 0.00 X 0 0 0 SHARON SCHWARTZ TRUSTEE 0.50 0.00 X 0 0 0 NEETU SETH TRUSTEE 0.50 0.00 X 0 0 0 JAMES SMITH TRUSTEE 0.50 0.00 X 0 0 0 ZACH WIGAL TRUSTEE 0.50 0.00 X 0 0 0 TSU-YIN WU TRUSTEE 0.50 0.00 X 0 0 0 CHAD NEWTON TRUSTEE - PART YEAR 0.50 0.00 X 0 0 0 MAHER SALAH VP FOR ADVANCEMENT/EXEC DIR EMUF 40.00 0.00 X 303965 0 115507 JILL HUNSBERGER ASSOC VP ADVANCEMENT 40.00 0.00 X 139774 0 53114 VINCENT CAVATAIO ASST VP ADV SVCS & STRAT SOLUTIONS 40.00 0.00 X 137945 0 14381 LAURA WILBANKS CHIEF FINANCIAL OFFICER 40.00 0.00 X 151470 0 30652 LISA COMBEN SR DIR DEVELOPMENT CORP & FOUNDATION 40.00 0.00 X 102977 0 28647 JULAINE LEDUC DIR DEV, COLLEGE ARTS & SCIENCE 40.00 0.00 X 102782 0 16659 MIA MILTON EXEC DIR ALUMNI ENGAGEMENT 40.00 0.00 X 103677 0 16659 DAMON ROSENTHAL DATA SERVICES & INFO SYSTEMS ANALYST 40.00 0.00 X 106506 0 34309 1149096 0 309928 8 0 1 0 NEPC LLC 225 FRANKLIN STREET 29TH FLOOR BOSTON MA 02110 INVESTMENT CONSULTING 245384 PRINCIPAL CUSTODY SOLUTIONS 510 N VALLEY MILLS DRIVE SUITE 400 WACO TX 76710 INVESTMENT MGMT AND CUSTODY 193930 2 103044 14674190 3265376 14777234 EASTERN MI UNIV. FEES 900001 1950193 1950193 1950193 563204 219225 343979 35662091 32074822 3587269 3587269 3587269 87545 103044 111182 -23637 -23637 ALUMNI ENGAGEMENT EVENTS 900001 62604 62604 62604 20916867 2012797 219225 3907611 15346660 15346660 382153 382153 2062703 762635 1300068 87975 41268 46707 424355 197434 226921 173719 79127 94592 1462 1462 69800 69800 445691 445691 190114 155095 35019 9273 2223 7050 493044 245046 247998 3044 3044 106173 17677 88496 19311 9819 9492 14342 7171 7171 34576 33113 1463 INCOME TAX 23739 23739 MEALS & ENTERTAINMENT 194242 5272 188970 FUNDRAISING EXPENSE 51626 51626 RESEARCH 29082 29082 29574 8192 21382 20192658 15346660 2489961 2356037 5295810 1762308 9329677 9598796 71737 33553 48300 38184 4231198 5893957 105361375 112703311 138811 117085 124405171 130113641 3753612 1137654 469386 482114 4222998 1619768 X 1517260 1414440 118664913 127079433 120182173 128493873 124405171 130113641 X 724209 7563206 24285 X X 0 1 X 1 0 X 11987589 16249938 16231255 24250783 14777234 83496799 11987589 16249938 16231255 24250783 14777234 83496799 8287668 75209131 728737 669331 450845 409253 343979 2602145 19450 9629 49251 219225 297555 25318 101437 134818 162581 150149 574303 86970802 8171825 0.86480 0.90450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER FUNDRAISING RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 109425810 4811865 11095340 2129571 611991 2002670 120588783 97834281 4462574 11852330 2081024 805334 1837017 109425810 92105005 3154492 6559747 1761891 455607 1767465 97834281 94993584 4673631 -3839312 1594727 530161 1598010 92105005 76380758 4170058 17811907 1539746 383864 1445529 94993584 0.00481 0.60847 0.38672 0 0 71737 33553 38184 38184 INVESTMENT - OTHER SECURITIES 112703311 F 112703311 SPLIT INTEREST AGREEMENT 482114 482114 PART V, LINE 4: THE ENDOWMENTS MANAGED BY THE EMU FOUNDATION ARE INTENDED TO BE USED TO SUPPORT STUDENTS, FACULTY AND PROGRAMS AT EASTERN MICHIGAN UNIVERSITY. THE MAJORITY OF THE ENDOWMENTS WERE ESTABLISHED WITH VERY SPECIFIC DONOR RESTRICTIONS REGARDING HOW THE AVAILABLE FUNDING CAN BE USED. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 10891065 EUROPE 0 0 INVESTMENT 1718663 0 0 0 0 0 0 12609728 0 12609728 1 0 1 1 1 0 WEEKS & CONSTRUCTION MANAGEMENT GOL 74997 40745 34252 10975 800 17463 14849 2693 EMU FOOTBALL GOLF OUTING 57047 35190 21857 500 4168 21745 4 58545 27109 31436 4431 8147 23373 2038 190589 103044 87545 15906 800 29778 59967 4731 111182 -23637 1 EASTERN MICHIGAN UNIVERSITY 1000 COLLEGE PLACE YPSILANTI MI 48197 386005986 IRC SEC. 115 12258625 354731 FMV/ APPRAISAL VARIOUS GIFTS IN KIND GIFT ALLOCATION TO EMU. EASTERN MICHIGAN UNIVERSITY 1000 COLLEGE PLACE YPSILANTI MI 48197 386005986 IRC SEC. 115 2733304 0 ENDOWED SCHOLARSHIP AND PROGRAM SERVICE SPENDING ALLOCATED TO EMU. 1 0 PART I, LINE 2: THE EASTERN MICHIGAN UNIVERSITY FOUNDATION ACTS AS AN AGENT ON BEHALF OF EASTERN MICHIGAN UNIVERSITY (EMU). GIFTS RECEIVED FOR THE BENEFIT OF EMU STUDENTS AND PROGRAMS ARE RECEIVED BY THE EMU FOUNDATION, THE DONORS ARE RECEIPTED AND THE FUNDS ARE TRANSFERRED TO EMU WHERE SPENDING IS MONITORED BY THE EMU ACCOUNTING DEPARTMENT. WITH RESPECT TO ENDOWMENT SPENDING, THE EMU FOUNDATION PROVIDES EMU WITH AN ANNUAL SPENDING BUDGET FOR EACH ENDOWMENT. SPENDING IS MONITORED BY EMU ACCOUNTING AND AT THE END OF EACH FISCAL YEAR EMU WILL INVOICE THE EMU FOUNDATION FOR SPENDING WHICH HAS TAKEN PLACE. ONCE THAT INVOICE HAS BEEN RECONCILED AGAINST THE BUDGET, THE EMU FOUNDATION WILL REIMBURSE EMU FROM THE APPROPRIATE ENDOWMENT ACCOUNTS. X 0 0 0 0 0 0 0 0 0 MAHER SALAH VP FOR ADVANCEMENT/EXEC DIR EMUF 280845 0 23120 0 0 0 28481 0 87026 0 419472 0 0 0 JILL HUNSBERGER ASSOC VP ADVANCEMENT 139774 0 0 0 0 0 7199 0 45915 0 192888 0 0 0 LAURA WILBANKS CHIEF FINANCIAL OFFICER 151470 0 0 0 0 0 6267 0 24385 0 182122 0 0 0 VINCENT CAVATAIO ASST VP ADV SVCS & STRAT SOLUTIONS 137945 0 0 0 0 0 5023 0 9358 0 152326 0 0 0 KAREN ANDREWS TRUSTEE 72173 KAREN ANDREWS IS THE CEO OF THE ANDREWS GROUP. THE ANDREWS GROUP PROVIDED EXECUTIVE SEARCH/RECRUITMENT SERVICES DURING FY 25 0 X 10 2910645 FAIR MARKET VALUE X GIFTS 58 354731 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE EMU FOUNDATION DOES NOT USE A THIRD PARTY TO SOLICIT GIFTS OF STOCK; THESE GIFTS ARE SOLICITED BY OUR DEVELOPMENT STAFF JUST LIKE ANY OTHER GIFTS WOULD BE. THE FOUNDATION DOES HAVE A BROKERAGE ACCOUNT SET UP IN WHICH GIFTS OF STOCK ARE TRANSFERRED TO. AFTER THE STOCK TRANSFER HAS SETTLED, THE EMU FOUNDATION CFO INITIATES THE SALE OF STOCK AS SOON AS POSSIBLE AFTER THE STOCK IS RECEIVED (USUALLY THE NEXT BUSINESS DAY). THE BROKER THEN SELLS THE STOCK. THE NET PROCEEDS FROM THE STOCK SALE ARE THEN TRANSFERRED INTO THE EMU FOUNDATION'S CHECKING ACCOUNT. FORM 990, PART VI, SECTION A, LINE 2 MARILYN CORSIANOS, JILL HUNSBERGER, MAHER SALAH, JAMES SMITH AND TSU-YIN WU HAVE A BUSINESS RELATIONSHIP, THEY ARE ALL EMPLOYED BY EASTERN MICHIGAN UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 4 DURING THE FISCAL YEAR, THE ORGANIZATION ADOPTED AMENDED AND RESTATED BYLAWS, APPROVED BY THE BOARD OF TRUSTEES ON OCTOBER 18, 2024. THE REVISIONS MODERNIZED GOVERNANCE PROVISIONS AND CLARIFIED BOARD STRUCTURE AND OPERATIONS. KEY CHANGES INCLUDED UPDATES TO TRUSTEE COMPOSITION AND TERM LIMITS, EXPANDED AND CLARIFIED COMMITTEE RESPONSIBILITIES, ENHANCED CONFLICT OF INTEREST AND BONDING REQUIREMENTS, AND INCREASED FLEXIBILITY FOR ELECTRONIC PARTICIPATION AND VOTING IN ACCORDANCE WITH APPLICABLE LAW. THE AMENDMENTS DID NOT CHANGE THE ORGANIZATION'S EXEMPT PURPOSE. FORM 990, PART VI, SECTION A, LINE 7A FULL BOARD OF TRUSTEES MUST APPROVE/ELECT INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES. EASTERN MICHIGAN UNIVERSITY HAS THE RIGHT TO NAME SEVERAL OF THE TRUSTEES OF THE EMU FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B LAURA WILBANKS, CFO REVIEWS DRAFT OF THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED WITH THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE ON AN ANNUAL BASIS, WITH THE UNDERSTANDING THAT THIS QUESTIONNAIRE SHOULD BE COMPLETED AND RETURNED TO THE EMU FOUNDATION. REMINDERS ARE SENT PERIODICALLY DURING THE YEAR TO ENSURE THAT QUESTIONNAIRES HAVE BEEN RECEIVED BY ALL VOTING MEMBERS OF THE BOARD. IF A TRUSTEE DOES NOT RETURN A COMPLETED QUESTIONNAIRE BY JULY 1 OF A GIVEN YEAR, THE TRUSTEE IS NOT ALLOWED TO ATTEND MEETINGS OR VOTE UNTIL THE QUESTIONNAIRE IS RECEIVED. ANY VOTING TRUSTEE WHO HAS A POSSIBLE CONFLICT OF INTEREST WITH RESPECT TO ANY MATTER SHALL NOT VOTE OR EXERCISE HIS OR HER PERSONAL INFLUENCES IN THE DISPOSITION OF THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN CASH SURRENDER VALUE OF INSURANCE -16,338. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -74,592. EQUITY TRANSFERS FROM RELATED ORGANIZATION 115,215. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. PLANNED REAL ESTATE CORP 112 WELCH HALL 850 W CROSS ST YPSILANTI MI 48197 383505090 TITLE HOLDING COMPANY MI IRC SEC. 501(C)(2) EASTERN MICHIGAN UNIVERSITY FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0