2026-02-27T15:45:04-05:00 2025-06-30 270422301 Millhuff Stang CPA Inc 8841 Ohio River Road Wheelersburg OH 45694 990 2024-07-01 311115810 Shawnee State University Foundation % GREG BALLENGEE SHAW 7403513005 940 Second Street Portsmouth OH 45662 GREG BALLENGEE SSUF TREASURER 7403513574 2026-02-27 false true NATALIE MILLHUFF-STANG P00970319 7408768548 2026-02-27 2024 2025-03-06 01:10:19Z X AIMEE WELCH 940 SECOND STREET Portsmouth OH 45662 5766510 false X givetossu.com X 1987 OH THE SHAWNEE STATE UNIVERSITY FOUNDATION (SSUF) WAS CREATED AS A 501(C)(3) ORGANIZATION WITH THE MISSION OF MAKING FRIENDS AND CREATING FUNDS AND SUPPORT FOR SHAWNEE STATE UNIVERSITY. 19 17 18 12 0 0 5618126 2244007 0 475884 1223721 45510 -9281 6139520 3458447 1697004 2302447 0 331856 287808 0 89753 284936 364334 2313796 2954589 3825724 503858 39221773 41566623 3247231 2885425 35974542 38681198 THE SHAWNEE STATE UNIVERSITY FOUNDATION (SSUF) WAS CREATED AS A 501(C)(3) ORGANIZATION WITH THE MISSION OF MAKING FRIENDS AND CREATING FUNDS AND SUPPORT FOR SHAWNEE STATE UNIVERSITY. false false 2286341 2286341 STUDENT FINANCIAL AID IN THE FORM OF ACADEMIC SCHOLARSHIPS AND AWARDS, AND NEED-BASED SCHOLARSHIPS AND LOANS PROVIDED TO STUDENTS HELPS THE INSTITUTION ATTRACT THE BEST STUDENTS AND ALLOW STUDENTS WHO MIGHT OTHERWISE NOT BE AFFORDED A COLLEGE EDUCATION TO ATTEND SHAWNEE STATE UNIVERSITY. ALL SCHOLARSHIP PAYMENTS TOTALING $506,780 WERE PAID TO SHAWNEE STATE UNIVERSITY ON BEHALF OF THE ENROLLED AWARD RECIPIENT STUDENTS FOR PARTIAL PAYMENT OF TUITION, FEES AND/OR OTHER EXPENSES DIRECTLY RELATED TO EDUCATION. THE NUMBER OF UNIQUE SCHOLARSHIP RECIPIENTS DURING FISCAL YEAR 2025 WAS 300. THE FOUNDATION ALSO MADE PAYMENTS TO THE UNIVERSITY DURING FISCAL YEAR 2025 TOTALING $1,678,540 TO BENEFIT VARIOUS UNIVERSITY PROJECTS AND PROGRAMS. 117428 DISBURSEMENTS TO BENEFIT THE ACADEMIC PROGRAMS OF SHAWNEE STATE UNIVERSITY. 23870 16107 THE FOUNDATION SUPPORTS DEPARTMENTAL PROGRAMS, FACULTY DEVELOPMENT IN THE FORM OF RESEARCH AND WRITING SUBSIDIES, AND PROVIDES FUNDS FOR VISITING SCHOLARS AND LECTURERS WHICH ARE ALL VITAL TO THE DEVELOPMENT OF THE FACULTY AT SHAWNEE STATE UNIVERSITY. GRANT PAYMENTS TOTALING $16,107 WERE PAID TO FACULTY AND STAFF FOR DIRECT SUPPORT OF RESEARCH AND ACADEMIC PROGRAMMING. THE NUMBER OF FACULTY AND STAFF GRANT RECIPIENTS DURING FISCAL YEAR 2025 WAS 6. 2427639 true true false false false false false false true true true false false false true false true false false false false false false false true false false true true true false false false false false false false false true false false false false true false false false true 50 0 true 18 true false false false false false true true false false false false false false X 19 17 false false false false true true true true true false false true true true true true true true false false X GREG BALLENGEE 7403513574 940 SECOND STREET Portsmouth OH 45662 ERIC BRAUN SSU PRESIDENTSSUF BOARD MEMBER 1.00 0.00 X 0 205536 141952 GREG BALLENGEE SSUF TREASURER 1.00 0.00 X X 0 128585 47267 CHRIS MOORE SSUF EXECUTIVE DIRECTOR 40.00 0.00 X 0 99598 40267 JOHN WHITAKER SSUF BOARD MEMBER 1.00 0.00 X 0 93549 46244 AIMEE WELCH EXECUTIVE DIRECTOR 40.00 0.00 X 0 86090 45112 DEBRA ESHAM SSUF BOARD MEMBER 1.00 0.00 X 0 0 0 KEN APPLEGATE SSUF BOARD MEMBER 1.00 0.00 X 0 0 0 FRANK WALLER SSUF BOARD MEMBER 1.00 0.00 X 0 0 0 TOM COVERT SSUF BOARD MEMBER 1.00 0.00 X 0 0 0 CHRIS BROWN SSUF BOARD MEMBER 1.00 0.00 X 0 0 0 AARON ADAMS SSUF BD MEMBER resigned 11-8-24 1.00 0.00 X 0 0 0 DAVE TODT SSUF BOARD MEMBER 1.00 0.00 X 0 0 0 JENNIFER AIKMAN SSUF BOARD MEMBER 1.00 0.00 X 0 0 0 DILIP SHAH SSUF BOARD MEMBER - BOT LIAISON 1.00 0.00 X 0 0 0 WALLACE EDWARDS SSUF BOARD MEMBER - BOT LIAISON 1.00 0.00 X 0 0 0 LISA JOHNSON SSUF BOARD VICE PRESIDENT 1.00 0.00 X X 0 0 0 LLOYD MARTIN SSUF BOARD CHAIR 1.00 0.00 X X 0 0 0 MATT WISECUP SSUF BOARD SECRETARY 1.00 0.00 X X 0 0 0 DONNA LYON SSUF BOARD VICE CHAIR 1.00 0.00 X X 0 0 0 TROY GREGORY SSUF BOARD MEMBER -SSUDF FIA CHAIR 1.00 0.00 X X 0 0 0 TARRAH BOUTS SSUF BOARD MEMBERSSU SGP CHAIR 1.00 0.00 X X 0 0 0 0 613358 320842 0 false true false 45170 190522 2008315 137553 2244007 655255 655255 287004 333742 -46738 -46738 -46738 2537489 1969023 568466 568466 568466 19140 45170 5298 13842 13842 Miscellaneous Revenue 900099 23615 23615 23615 3458447 23615 0 1190825 1728591 1728591 573856 573856 210417 83212 60220 66985 28912 11647 8111 9154 43825 20457 10997 12371 4654 2112 1299 1243 59952 59952 84439 84439 7764 7764 111798 111798 OTHER EXPENSES 100381 100381 2954589 2427639 437197 89753 1391770 1332248 4604936 340125 9706755 577172 4896728 9129583 23419312 30260674 4909027 503993 39221773 41566623 204307 35574 50051 2258 2258 2727390 2502271 313276 295271 3247231 2885425 X 6057444 6667412 29917098 32013786 35974542 38681198 39221773 41566623 X 503858 2172504 30294 X true X true X true false X 1316528 3589176 2604495 5618126 2244007 15372332 1316528 3589176 2604495 5618126 2244007 15372332 987652 14384680 660031 878603 896691 938937 942259 4316521 5700 15386 19218 23796 19140 83240 19772093 0.72750 0.71390 X Other income Part II line 10 or Part III line 12 Description (a)2020 (b)2021 (c)2022 (d)2023 (e)2024Fundraising revenue 5,700 15,386 19,218 23,796 19,140Total 5,700 15,386 19,218 23,796 19,140 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 19638640 4111843 2711073 1215219 25246337 17774951 273920 2368833 779064 19638640 16512440 276418 1775903 789810 17774951 19477385 208371 -2484871 688445 16512440 16274108 119356 3951412 867491 19477385 0.06120 0.62810 0.31070 false false 921200 921200 8693598 554248 8139350 18389 13249 5140 73568 9675 63893 9129583 Charitable Gift Annuities 294771 Other payable 500 295271 5915846 2172504 339040 2511544 3404302 84439 -30294 54145 3458447 3209190 339040 339040 2870150 84439 84439 2954589 Part IV, Line 2-Explanation of escrow or custodial account liability The Foundation is holding and disbursing funds on behalf of the Regional Science Bowl. Part V, Line 4-Intended uses of endowment funds THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE FOUNDATION HAS A POLICY OF ONLY SPENDING THE EARNINGS, INCLUDING APPRECIATION, OF THE ENDOWMENT FUND. THIS IS CONSISTENT WITH THE FOUNDATIONS OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. Part XI, Line 2d-Other revenue included on Sch D but not on 990 RENTAL EXPENSES $ 333,742FUNDRAISING EXPENSES 5,298TOTAL $ 339,040 Part XI, Line 4b-Other revenue not included on Sch D but on 990 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS ($30,294) Part XII, Line 2d-Other expenses included on Sch D but not on 990 RENTAL EXPENSES $333,742FUNDRAISING EXPENSES 5,298TOTAL $339,040 Pres Gala 64310 45170 19140 3113 2185 64310 45170 19140 3113 2185 5298 13842 true SHAWNEE STATE UNIVERSITY 940 SECOND STREET Portsmouth OH 45662 310864917 GOVT ORG 16107 SEE STATEMENT SHAWNEE STATE UNIVERSITY 940 SECOND STREET Portsmouth OH 45662 310864917 GOVT ORG 1670198 SEE STATEMENT SCHOLARSHIPS AND OTHER STUDENT AID 300 506780 Monitoring procedures (Part I, line 2) GRANT RECIPIENTS ARE REQUIRED TO PROVIDE A FINAL REPORT TO THE GRANTING ORGANIZATION DETAILING THE USE OF ALL GRANT FUNDS. Additional Information for Schedule I SHAWNEE STATE UNIVERSITY:FACULTY AND STAFF PROGRAM GRANTSSHAWNEE STATE UNIVERSITY:INSTITUTIONAL SUPPORT X false true X false false false false false false false false false ERIC BRAUN SSU PRESIDENTSSUF BOARD MEMBER 177607 27929 69251 72701 347488 GREG BALLENGEE SSUF TREASURER 112365 16220 30749 16518 175852 No written policy information (Part I, line 1b) THE YEARLY DISCRETIONARY ALLOWANCE PROVIDED BY THE FOUNDATION TO THE UNIVERSITY PRESIDENT IS APPROVED BY THE FOUNDATIONS BOARD ON AN ANNUAL BASIS. Related organization compensation method (Part I, line 3) THE RELATED ORGANIZATION USES A PROCESS FOR DETERMINING COMPENSATION OF THE FOUNDATION EXECUTIVE DIRECTOR WHICH INCLUDES PERIODIC CONSULTATION WITH INDEPENDENT COMPENSATION ADVISORS; COMPARISON OF SALARIES WITH COMPARABLE MARKETS; REVIEW AND APPROVAL BY THE GOVERNING BODIES; WRITTEN EMPLOYMENT CONTRACTS WITH THE RELATED ORGANIZATION; AND CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE ESTABLISHMENT OF COMPENSATION. THE REVIEW PROCESS WAS CONDUCTED IN FY 2025. Unrelated organization compensation (Part II - officer info) NONTAXABLE BENEFITS INCLUDE THE ESTIMATED RENTAL VALUE OF HOUSING PROVIDED BY THE UNIVERSITY TO THE PRESIDENT PURSUANT TO IRC SECTION 119. PER CONTRACT, THE PRESIDENT IS REQUIRED TO LIVE IN THIS RESIDENCE. IN ADDITION, THE AMOUNT REPORTED ALSO INCLUDES NONTAXABLE HEALTH INSURANCE, LIFE, DISABILITY, OR LONG-TERM CARE INSURANCE, AND CAFETERIA PLANS. X 4100 FMV X STOCK 1 5937 FMV false true false General Explanation Attachment Securities - publicly traded: Number of ContributionsOther: Number of Contributions Members or stockholder classes and rights Part VI line 6 THE SOLE MEMBER OF THE FOUNDATION SHALL BE THE BOARD OF TRUSTEES OF SHAWNEE STATE UNIVERSITY. Member election for additional members Part VI line 7a PURSUANT TO THE CODE OF REGULATIONS, THE PRESIDENT OF SHAWNEE STATE UNIVERSITY AND THE CHAIR OF THE UNIVERSITY BOARD OF TRUSTEES SHALL BE MEMBERS OF THE FOUNDATION BOARD SO LONG AS THEY OCCUPY THEIR OFFICES. ADDITIONALLY, THE UNIVERSITY BOARD OF TRUSTEES SHALL APPOINT ONE OF ITS MEMBERS TO THE FOUNDATION BOARD.SEVENTEEN ADDITIONAL MEMBERS SHALL BE FROM THE COMMUNITY-AT-LARGE, WITH PREFERENCE GIVEN TO ALUMNI, DONORS AND FRIENDS WHO HAVE A STRONG AFFINITY TO THE UNIVERSITY. MEMBERS SHALL BE RECOMMENDED BY THE FOUNDATION BOARD AND CONFIRMED BY THE UNIVERSITY BOARD OF TRUSTEES. THE UNIVERSITY BOARD OF TRUSTEES MAY ALSO DIRECTLY APPOINT MEMBERS TO THE FOUNDATION BOARD. THE FOUNDATION HAS THREE NON-ELECTED OFFICERS. THE TREASURER SHALL BE THE UNIVERSITY CHIEF FINANCIAL OFFICER. THE SECRETARY SHALL BE APPOINTED BY THE FOUNDATION BOARD CHAIR. THE EXECUTIVE DIRECTOR SHALL BE HIRED BY THE UNIVERSITY UPON RECOMMENDATION BY THE FOUNDATION BOARD. THESE THREE OFFICERS ARE NOT VOTING MEMBERS OF THE BOARD, UNLESS EXPLICITLY APPOINTED AS SUCH. Governing body decisions Part VI line 7b OPERATING PROCEDURES OF THE SHAWNEE STATE UNIVERSITY FOUNDATION ARE CONTAINED IN THE STATEMENT OF OPERATIONS AND THE GUIDELINES FOR FUNDING. THESE POLICIES WILL BE DEVELOPED BY THE UNIVERSITY ADMINISTRATION FOR APPROVAL BY THE BOARD OF TRUSTEES OF SHAWNEE STATE UNIVERSITY AND CAN BE AMENDED, AS WELL, BY THAT PROCESS. Form 990 governing body review Part VI line 11 ALL 990 INFORMATION HAS BEEN SHARED WITH THE GOVERNING BODY. THE BOARD IS ABLE TO ASK QUESTIONS AND COMMENT ON THE RETURN BEFORE ITS FILING. Conflict of interest policy compliance Part VI line 12c THE CONFLICT OF INTEREST POLICY APPLIES TO EACH MEMBER OF THE BOARD OF TRUSTEES AND TO ALL OFFICERS OF THE SHAWNEE STATE UNIVERSITY FOUNDATION. IT IS INTENDED TO SERVE AS GUIDANCE FOR ALL PERSONS EMPLOYED BY THE SHAWNEE STATE UNIVERSITY FOUNDATION IN POSITIONS OF SIGNIFICANT RESPONSIBILITY FOR THE ACTIVITIES OF THE FOUNDATION. MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, AND EMPLOYEES OF THE FOUNDATION SERVE THE PUBLIC TRUST AND HAVE A CLEAR OBLIGATION TO FULFILL THEIR RESPONSIBILITIES IN A MANNER CONSISTENT WITH THAT SERVICE. ALL DECISIONS OF THE BOARD AND OFFICERS ARE TO BE MADE SOLELY ON THE BASIS OF A DESIRE TO PROMOTE THE BEST INTEREST OF THE FOUNDATION AND SHAWNEE STATE UNIVERSITY. THE INTEGRITY OF THE FOUNDATION AND SHAWNEE STATE UNIVERSITY MUST BE PROTECTED AND ADVANCED AT ALL TIMES. FOUNDATION MEMBERS AND EMPLOYEES INEVITABLY ARE INVOLVED IN THE AFFAIRS OF OTHER INSTITUTIONS AND ORGANIZATIONS. EACH DIRECTOR, OFFICER, AND EMPLOYEE IS RESPONSIBLE FOR ENSURING THAT THE BOARD IS MADE AWARE OF SITUATIONS THAT INVOLVE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS THAT MAY BE A CONFLICT OF INTEREST OR CREATE AN APPEARANCE OF A CONFLICT FOR THE FOUNDATION OR SHAWNEE STATE UNIVERSITY. THUS, THE BOARD REQUIRES EACH TRUSTEE AND OFFICER ANNUALLY (1) TO REVIEW THIS POLICY; (2) TO DISCLOSE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS THAT REASONABLE COULD GIVE RISE TO A CONFLICT OF INTEREST INVOLVING THE FOUNDATION OR SHAWNEE STATE UNIVERSITY; AND (3) TO ACKNOWLEDGE BY HIS OR HER SIGNATURE THAT HE OR SHE IS IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THIS POLICY. ALL TRUSTEES AND OFFICERS SHOULD DISCLOSE ONLY THOSE SUBSTANTIVE RELATIONSHIPS THAT THEY MAINTAIN (OR MEMBERS OF THEIR FAMILY MAINTAIN) WITH ORGANIZATIONS THAT DO BUSINESS WITH THE UNIVERSITY, SHAWNEE STATE UNIVERSITY FOUNDATION, OR ANY RELATED OR AFFILIATED ORGANIZATION, OR WHICH OTHERWISE COULD BE CONSTRUED TO AFFECT POTENTIALLY THEIR INDEPENDENT, UN-BIASED JUDGMENT IN LIGHT OF THEIR DECISION-MAKING AUTHORITY OR RESPONSIBILITY. ANY UNCERTAINITES AS TO THE APPROPRIATENESS OF LISTING A PARTICULAR RELATIONSHIP MAY BE RESOLVED BY CONSULTATION WITH THE CHAIR OF THE FOUNDATION, WHO IN TURN MAY CONSULT WITH SHAWNEE STATE UNIVERSITY GENERAL COUNSEL, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, OR THE CHAIRMAN OF THE BOARD OF TRUSTEES IN EXECUTIVE SESSION. CEO executive director top management comp Part VI line 15a THE RELATED ORGANIZATION USES A PROCESS FOR DETERMINING COMPENSATION OF THE FOUNDATION EXECUTIVE DIRECTOR WHICH INCLUDES PERIODIC CONSULTATION WITH INDEPENDENT COMPENSATION ADVISORS; COMPARISON OF SALARIES WITH COMPARABLE MARKETS; REVIEW AND APPROVAL BY THE GOVERNING BODIES; WRITTEN EMPLOYMENT CONTRACT WITH THE RELATED ORGANIZATION; AND CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE ESTABLISHMENT OF COMPENSATION. THE REVIEW PROCESS WAS CONDUCTED IN FY 2025. Other officer or key employee compensation Part VI line 15b THE EXECUTIVE DIRECTOR/TOP MANAGEMENT OFFICIAL IS THE ONLY OFFICER OF THE ORGANIZATION. AS SUCH, THIS QUESTION HAS BEEN ANSWERED NO IN ACCORDANCE WITH THE FILING INSTRUCTIONS TO THE FORM 990. Governing documents etc available to public Part VI line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST. Explanation of other changes in net assets or fund balances Part XI line 9 (a) CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - (b)30,294 General explanation attachment Part V, LINE 2ACOMMON PAYMASTER:EMPLOYEES ARE PAID BY SHAWNEE STATE UNIVERSITY (SSU) EIN 31-0864917, A RELATED ORGANIZATION OF SHAWNEE STATE UNIVERSITY FOUNDATION (SSUF). SSUF REIMBURSED SSU $326,609 FOR SALARIES AND BENEFITS OF 17 INDIVIDUALS FOR FISCAL YEAR 2025. THE UNIVERSITY FILES ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS ON BEHALF OF THE ORGANIZATION.THE TOTAL NUMBER OF EMPLOYEES REPORTED ON FORM W-3 AND FILED BY THE RELATED ORGANIZATION, SSU, FOR THE CALENDAR YEAR 2024 WAS 1,210, OF WHICH 18 ARE EMPLOYEES OF SSUF. THE ORGANIZATION CHANGED ITS NAME FROM SHAWNEEE STATE UNIVERSITY DEVELOPMENT FOUNDATION TO SHAWNEE STATE UNIVERSITY FOUNDATION . THE ARTICLES OF INCORPORATION FILED WITH THE SECRETARY OF STATE OF OHIO ARE ATTACHED. SHAWNEE STATE UNIVERSITY 940 SECOND STREET Portsmouth OH 45662 310864917 HIGHER EDUCATION OH 501 C1 N/A false CHARITABLE REMAINDER TRUSTS 940 SECOND STREET Portsmouth OH 45662 INVESTMENTS OH N/A Trust 0.00000 false true false false false false false false false true false true true true true true false false false