2026-05-15T12:20:59-05:00 2025-06-30 331498605 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2024-07-01 386115813 FERRIS FOUNDATION FERR 2315912365 420 OAK STREET PRAKKEN 101 BIG RAPIDS MI 493072031 CASSIE TENNANT AVP OF FINANCE 2315912365 2026-05-14 1 1 DORI J EGGETT P00645252 2483757100 2026-05-14 2024 2025-03-06 01:10:19Z CASSIE TENNANT 420 OAK STREET PRAKKEN 101 BIG RAPIDS MI 493072031 19121088 0 X WWW.FERRIS.EDU/FOUNDATION X 1991 MI THE FOUNDATION WAS ESTABLISHED TO ADVANCE THE MISSION AND GOALS OF FERRIS STATE UNIVERSITY BY GENERATING AND MANAGING PRIVATE SUPPORT FOR THE UNIVERSITY. 27 25 0 103 251874 7844 5109404 5793762 0 0 5807833 6846952 -105135 -90652 10812102 12550062 7808230 9490722 0 0 0 0 0 0 13200 562998 1939063 8371228 11429785 2440874 1120277 131149686 135070689 275108 82517 130874578 134988172 THE FOUNDATION WAS ESTABLISHED TO ADVANCE THE MISSION AND GOALS OF FERRIS STATE UNIVERSITY BY GENERATING AND MANAGING PRIVATE SUPPORT FOR THE UNIVERSITY. 0 0 11090722 9490722 OUR MISSION IS ACCOMPLISHED THROUGH: A COMPREHENSIVE, AGGRESSIVE, AND ETHICAL PRIVATE FUNDRAISING PROGRAM TARGETED TOWARD IDENTIFIED UNIVERSITY NEEDS AND GOALS; AGGRESSIVE, YET PRUDENT, FISCAL MANAGEMENT OF LONG-TERM PRIVATE ASSETS; AND ENTHUSIASTIC AND ETHICAL ADVOCACY OF THE UNIVERSITY AMONG ALL ITS CONSTITUENTS. 11090722 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 27 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X X CASSIE TENNANT 2315913888 420 OAK STREET BIG RAPIDS MI 49307 SUSAN JONES BOARD MEMBER/PROFESSOR OF 0.30 40.00 X 0 191940 42337 MATTHEW BISSETT BOARD MEMBER 0.30 0.00 X 0 0 0 PAUL DOYLE BOARD MEMBER 0.30 0.00 X 0 0 0 DENISE GRAVES BOARD MEMBER 0.30 0.00 X 0 0 0 DR JEAN K ELDER BOARD MEMBER 0.30 0.00 X 0 0 0 DR DANA KING BOARD MEMBER 0.30 0.00 X 0 0 0 DR DAVID PILGRIM BOARD MEMBER/PROFESSOR OF 0.30 40.00 X 0 235159 49928 JENIFER CUTTER CHAIR 0.30 0.00 X X 0 0 0 ARLEN-DEAN GADDY BOARD MEMBER 0.30 0.00 X X 0 0 0 GARY GRANGER BOARD MEMBER/PART-YEAR 0.30 0.00 X 0 0 0 EMILY HANCOCK BOARD MEMBER 0.30 0.00 X X 0 0 0 CHRISTINE VISNER BOARD MEMBER/PART-YEAR 0.30 0.00 X 0 0 0 KURT HOFMAN BOARD MEMBER/PART-YEAR 0.30 0.00 X 0 0 0 DR JOHN ENGELMAN II BOARD MEMBER 0.30 0.00 X 0 0 0 ANDREW KALINOWSKI BOARD MEMBER 0.30 0.00 X 0 0 0 RUSSELL VISNER BOARD MEMBER/PART-YEAR 0.30 0.00 X 0 0 0 MATTHEW NAWROCKI BOARD MEMBER 0.30 0.00 X 0 0 0 DR THOMAS P SCHOLLER BOARD MEMBER 0.30 0.00 X 0 0 0 RICHARD SHAW BOARD MEMBER 0.30 0.00 X 0 0 0 KEVIN SIMON BOARD MEMBER 0.30 0.00 X 0 0 0 DR ALTON SMITH BOARD MEMBER 0.30 0.00 X 0 0 0 HOWARD C STROSS BOARD MEMBER 0.30 0.00 X 0 0 0 JEREMY AMSHEY BOARD MEMBER 0.30 0.00 X 0 0 0 SARAH CHADWICK BOARD MEMBER 0.30 0.00 X 0 0 0 SHANE NAPPER BOARD MEMBER 0.30 0.00 X 0 0 0 DAVE NEITZER BOARD MEMBER 0.30 0.00 X 0 0 0 LAURIE PLACINCKI SECRETARY 0.30 0.00 X 0 0 0 MICHAEL J VAN DIEPENBOS BOARD MEMBER 0.30 0.00 X 0 0 0 LINDA HOOK BOARD MEMBER 0.30 0.00 X 0 0 0 DARIUS QUINN BOARD MEMBER 0.30 0.00 X 0 0 0 JENNIFER WHEELER BOARD MEMBER 0.30 0.00 X 0 0 0 DR BILL PINK PRESIDENT, FERRIS STATE UN 0.30 40.00 X 0 468695 47849 AMANDA MATHESON TREASURER 1.00 40.00 X 0 225834 34320 JENNIFER TODD EXECUTIVE DIRECTOR 20.00 40.00 X 0 143876 1250 KENNETH BAILEY BOARD MEMBER 0.30 0.00 X 0 0 0 KATHY MULLINS EXECUTIVE BOARD/VP OF ADVA 0.30 40.00 X 0 195666 41048 0 1461170 216732 0 0 1 0 0 131119 5662643 973397 5793762 2292505 251874 2040631 11021621 6467174 4554447 4554447 4554447 13200 131119 103852 -90652 -90652 12550062 0 251874 6504426 9490722 9490722 167091 153891 13200 18434 18434 82351 82351 3798 3798 4312 4312 1600000 1600000 12990 12990 BANK CHARGES AND OTHER 43951 43951 DUES AND MEMBERSHIPS 4405 4405 CONF. FEE (NON TRAVEL) 1731 1731 11429785 11090722 325863 13200 301527 1163468 3625501 5137894 2541556 1786748 17919285 17962232 106761817 109020347 131149686 135070689 191110 2040 83998 80477 275108 82517 X 8955806 7557843 121918772 127430329 130874578 134988172 131149686 135070689 X 1120277 2996362 -3045 X 0 1 X 1 0 X X 1 FERRIS STATE UNIVERSITY 386005159 6 1 9490722 547858 1 9490722 547858 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 127498530 1825736 9803784 -269032 -6922050 131936968 119719300 2022594 10916913 741792 4418485 127498530 113015293 4768161 6436869 3159883 1341140 119719300 116055893 4760965 -3614331 -3460539 -726965 113015293 87265749 2455316 -3321070 -3321070 -621876 116055893 0.05730 0.62090 0.32180 1 1 0 0 LIMITED PARTNERSHIP 27686236 F KILTEAM GLOBAL EQUITY FUND 12276733 F GQG PARTNERS GLOBAL EQUITY FUND 11982226 F POWERSHARES FTSE RAFI 11254810 F VANGUARD INSTL INDEX 10905228 F VANGUARD FTSE ALL WORLD 11165576 F VANGUARD SHORT-TERM BOND 12796149 F BAIRD INTERMEDIATE BOND FUND 5996889 F REAL ESTATE 4956500 F 109020347 ANNUITY LIABILITY 80477 80477 15368750 3006517 1406368 -3045 4409840 10958910 1591152 1591152 12550062 11286255 1406368 114007 1520375 9765880 1663905 1663905 11429785 PART V, LINE 4: TO ADVANCE THE MISSION AND GOALS OF FERRIS STATE UNIVERISTY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT-INTEREST AGREEMENT -3,045. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXP - RECLASS TO REVENUE -103,852. EXPENSES NET WITH INCOME ON F/S 95,004. PAYMENTS TO AFFILIATES 1,600,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXP - RECLASS TO REVENUE 117,052. CHANGE IN SPLIT-INTEREST AGREEMENT -3,045. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS TO FERRIS STATE -31,100. EXPENSES NET WITH INCOME ON F/S 95,005. PAYMENTS TO AFFILIATES 1,600,000. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 2447186 0 0 0 0 0 0 2447186 0 2447186 1 0 1 1 1 0 FOUNDATION GALA 144319 131119 13200 91469 12383 144319 131119 13200 91469 12383 103852 -90652 1 FERRIS STATE UNIVERSITY 1201 S STATE STREET BIG RAPDIS MI 49307 386005159 115 8942864 547858 FMV EQUIPMENT/OTHER SUPPORT UNIVERSITY 1 0 0 0 0 0 0 0 0 0 0 DR BILL PINK PRESIDENT, FERRIS STATE UN 0 468695 0 0 0 0 0 0 0 47849 0 516544 0 0 DR DAVID PILGRIM BOARD MEMBER/PROFESSOR OF 0 235159 0 0 0 0 0 0 0 49928 0 285087 0 0 AMANDA MATHESON TREASURER 0 225834 0 0 0 0 0 0 0 34320 0 260154 0 0 KATHY MULLINS EXECUTIVE BOARD/VP OF ADVA 0 195666 0 0 0 0 0 0 0 41048 0 236714 0 0 SUSAN JONES BOARD MEMBER/PROFESSOR OF 0 191940 0 0 0 0 0 0 0 42337 0 234277 0 0 X 2 575 FAIR MARKET VALUE X 16590 FAIR MARKET VALUE X 3 425539 FAIR MARKET VALUE X 8 36657 FAIR MARKET VALUE X MACHINERY/EQUIP 35 375915 FAIR MARKET VALUE X ALUMINUM/STEEL 31 107125 FAIR MARKET VALUE X GOLF 27 10995 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION BOARD AUDIT COMMITTEE WAS PROVIDED A PDF OF THE FORM 990 TO REVIEW VIA EMAIL BEFORE IT WAS SUBMITTED, AND IT HAS BEEN SHARED AS AN INFORMATIONAL ITEM WITH THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, HONORARY LIFE MEMBERS AND COMMITTEE MEMBERS, AND EMPLOYEES OF THE FERRIS FOUNDATION ARE TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. DIRECTORS OR MEMBERS WITH A POTENTIAL CONFLICT OF INTEREST ARE TO GIVE FULL FACTUAL DISCLOSURE TO THE BOARD OF DIRECTORS. SUCH DIRECTORS OR MEMBERS SHALL ABSENT THEMSELVES DURING THE REVIEW OF THE MATTER BY THE BOARD OF DIRECTORS AND ITS VOTING ON THE MATTER, WHICH WOULD BE REFLECTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS VOLUNTEER THEIR TIME TO THE FERRIS FOUNDATION. FIVE OF THE DIRECTORS WORK FOR AND RECEIVE COMPENSATION FROM A RELATED ENTITY (FERRIS STATE UNIVERSITY). THE UNIVERSITY BOARD OF TRUSTEES NEGOTIATES WITH THE PRESIDENT ON HIS CONTRACT. EMPLOYEE WAGES ARE SET BY THE PRESIDENT WITH CONSULTATION OF THE BOARD IF APPROPRIATE. COMPARABILITY DATA IS USED WHEN SETTING WAGES FOR KEY EMPLOYEES. THE MOST RECENT YEAR THIS PROCESS WAS UNDERTAKEN WAS FISCAL YEAR 2022. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE BYLAWS, FORM 990 TAX RETURN, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE FOUNDATION WEBSITE. OTHER DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, AND IRS DETERMINATION LETTER, ARE AVAILABLE UPON REQUEST THROUGH THE FOUNDATION OFFICE. FORM 990, PART VI - ADDITIONAL INFORMATION ALL LINES LEFT BLANK ARE NOT APPLICABLE TO THE ORGANIZATION. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT-INTEREST AGREEMENT -3,045. FERRIS STATE UNIVERSITY 1201 S STATE STREET BIG RAPIDS MI 49307 386005159 UNIVERSITY MI 115 LINE 6 N/A 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 0