2026-05-14T16:20:00+00:00 2025-06-30 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2024-07-01 356045550 Indiana State University Foundation Inc INDI 8122376100 30 N Fifth Street Terre Haute IN 47809 Andrea L Angel CEO 2026-05-14 true Nicole Fishback P01279475 3173834000 2026-05-15 2024 2025-03-06 01:10:19Z Indiana State University Foundation Andrea L Angel 30 N Fifth Street Terre Haute IN 47809 44465617 false X www.indstate.edu/give X 1928 IN To secure and preserve private resources for the betterment of Indiana State University and its students, while providing donors with opportunities to witness and experience the results of their philanthropy. 32 31 45 183 -17041 2034486 15549357 11424771 964058 1454620 4928934 6737411 -35764 -190900 21406585 19425902 9292815 13654748 0 19339 18986 0 320077 1891196 1879628 11203350 15553362 10203235 3872540 149874413 164173105 7569914 8407319 142304499 155765786 THE FOUNDATION'S MISSION IS TO SECURE AND PRESERVE PRIVATE RESOURCES FOR THE BETTERMENT OF INDIANA STATE UNIVERSITY AND ITS STUDENTS, WHILE PROVIDING DONORS WITH OPPORTUNITIES TO WITNESS AND EXPERIENCE THE RESULTS OF THEIR PHILANTHROPY. false false 10942495 10942495 1454620 RESTRICTED AND DESIGNATED EXPENDITURES - GIFTS RECEIVED FOR SPECIFIED PURPOSES AND EXPENDED FOR THESE PURPOSES WHICH PROVIDE SUPPORT TO EDUCATIONAL AND ATHLETIC PROGRAMS INCLUDING THE BAILEY COLLEGE OF ENGINEERING AND TECHNOLOGY, COLLEGE OF ARTS AND SCIENCES, SCOTT COLLEGE OF BUSINESS, BAYH COLLEGE OF EDUCATION, AND COLLEGE OF HEALTH AND HUMAN SERVICES. 2712253 2712253 PROVIDED 1,620 SCHOLARSHIPS AND AWARDS TO 1,108 INDIANA STATE UNIVERSITY STUDENTS. 100281 ALUMNI ASSOCIATION PROVIDES OUTREACH AND EVENTS WHICH ENCOURAGE FORMER ISU STUDENTS TO REMAIN INVOLVED WITH ISU. 13755029 true true false false false false false true false true true false false false true false true false false false true false false false true false false true true true false false false false false false false false false false true true false false false true false false false false true X 64 0 true 45 true true true false false false false true true false false false false false false false X 32 31 false false false false false true false true true false false false true true true true true true true true false false CA FL GA AL HI IL IN KS KY MD MA MI MN MS NH NJ NM NY NC ND OR PA RI SC TN VA AR WV WI X X Lucy Lunsford 8122376126 30 N Fifth Street Terre Haute IN 47809 Andrea Angel CEO 37.5 1.0 X X 0 224792 32025 John Crouch Vice Chairperson 1.0 0.0 X X 0 0 0 Marie C Shanks Chairperson 1.0 0.0 X X 0 0 0 Mary Mcguire Treasurer 1.0 0.0 X X 0 0 0 Richard Porter Immediate Past Chairperson 1.0 0.0 X X 0 0 0 Troy Helman Secretary 1.0 0.0 X X 0 0 0 Anita Klopfenstein Director (Start 10/24/24) 1.0 0.0 X 0 0 0 Dan Thiel Director 1.0 0.0 X 0 0 0 Denise Bennett Director (Start 10/24/24) 1.0 0.0 X 0 0 0 Donald Scott Director (Start 10/24/24) 1.0 0.0 X 0 0 0 Elizabeth Boulet Director 1.0 0.0 X 0 0 0 Gordon Tanner Director 1.0 0.0 X 0 0 0 Jim Pajakowski Director 1.0 0.0 X 0 0 0 Julie Heck Director 1.0 0.0 X 0 0 0 Kent Kramer Director 1.0 0.0 X 0 0 0 Laura Wittman Director 1.0 0.0 X 0 0 0 Lindsay Stergar Director 1.0 0.0 X 0 0 0 Michael Godard President, ISU 1.0 37.5 X 0 0 0 Nick McCollum Chairperson, Alumni Board 1.0 0.0 X 0 0 0 Pam Poore Director 1.0 0.0 X 0 0 0 Patrick Lima Director 1.0 0.0 X 0 0 0 Paul Chaney Director 1.0 0.0 X 0 0 0 Rita Burns Senseman Director 1.0 0.0 X 0 0 0 Robert Casey Chair, Trustees 1.0 0.0 X 0 0 0 Sandi Druley Director 1.0 0.0 X 0 0 0 Sandy Senior-Dauer Director 1.0 0.0 X 0 0 0 Scott Jones Director 1.0 0.0 X 0 0 0 Scott Watson Director 1.0 0.0 X 0 0 0 Steve Bailey Director 1.0 0.0 X 0 0 0 Todd Osburn Director 1.0 0.0 X 0 0 0 Virgil Pund Director 1.0 0.0 X 0 0 0 Yanya Yang Director 1.0 0.0 X 0 0 0 Lucy Lunsford Controller 37.5 1.0 X 0 94411 9568 Macala Beasley Assistant Secretary 37.5 0.0 X 0 47370 13726 Jeremiah Turner Assc VP Univ Advancement 37.5 0.0 X 0 121215 31931 Kenneth Menefee Planned/Principal gifts ex dir 37.5 0.0 X 0 112781 29352 0 600569 116602 0 false true false SODEXO INC & AFFILIATES 218 N 6TH ST TERRE HAUTE IN 47809 CATERING 232451 The JEMM Group 57 Hampton Road Southampton NY 11968 Investment Management 220008 2 1778205 9646566 3458439 11424771 OTHER PROGRAM SERVICES 900099 1454620 1454620 0 0 0 0 1454620 4033572 -17041 4050613 0 0 27529878 24826039 2703839 0 2703839 2703839 22776 1755429 213676 -190900 -190900 0 0 0 0 0 19425902 1454620 -17041 6563552 10942495 10942495 2712253 2712253 18986 8337 5798 4851 13843 13843 100827 100827 330972 330972 326 0 0 326 37802 37802 130935 185 41269 89481 290654 290654 509735 509735 72701 16182 7095 49424 9396 584 1534 7278 45595 45595 71105 71105 43401 43401 OTHER EXPENSES 148229 886 16428 130915 EVENTS 55290 55290 PARKING 10936 10936 ENTERTAIMENT 7881 7881 0 0 0 0 15553362 13755029 1478256 320077 10225604 8783546 0 0 7003897 5562581 30049 29846 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315546 100000 627150 616915 110235 425781 Federal Income Taxes DUE TO INDIANA STATE UNIVERSITY 893913 PV OF SPLIT INT AGREEMENT 1280698 OPERATING LEASE 1701944 3876555 28963752 9762295 190900 9953195 19010557 241797 173548 415345 19425902 15502465 190900 190900 15311565 241797 0 241797 15553362 Schedule D, Part X, Line 2 ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 Collections of art - description of collections THE FOUNDATION OWNS AN ARTIST RENDERED SCULPTURE NAMED RENEW THAT IS ON DISPLAY TO PROMOTE CULTURAL EDUCATION FOR THE PUBLIC AND THE INDIANA STATE UNIVERSITY COMMUNITY. Schedule D, Part V, Line 4 Intended uses of endowment funds THE FOUNDATION'S ENDOWMENT FUNDS ARE SUBJECT TO DONOR IMPOSED STIPULATIONS THAT THEY BE MAINTAINED PERMANENTLY BY THE FOUNDATION. THE FOUNDATION GENERALLY MAY USE ALL OR PART OF THE INCOME ON RELATED INVESTMENTS FOR GENERAL OR SPECIFIC PURPOSES THAT CONTRIBUTE TO INDIANA STATE'S GROWTH AND SUCCESS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 FUNDRAISING EXPENSE - 190900 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements CHANGE IN VALUE OF SPLIT IN AGREEMENT - 173548 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 FUNDRAISING EXPENSE - 190900 Central America and the Caribbean Investments 5783702 0 0 0 0 0 0 5783702 0 5783702 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual Give to Blue Day 1506090 1506090 0 25328 Join in July 58737 58737 0 179 12975 7 213378 190602 22776 39866 135328 1778205 1755429 22776 40045 173631 213676 -190900 true INDIANA STATE UNIVERSITY 200 N SEVENTH STREET TERRE HAUTE IN 47809 356001670 501(C)(3) 10942495 SUPPORT EDUCATIONAL 1 0 SCHOLARSHIPS AND GRANTS TO STUDENTS 1108 2712253 Schedule I, Part III, Column (b) Estimated Number Of Recipients SCHOLARSHIPS AND GRANTS TO STUDENTS : INDIANA STATE UNIVERSITY FOUNDATION AWARDS MERIT-BASED AND NEED-BASED SCHOLARSHIPS TO STUDENTS. THESE SCHOLARSHIPS ARE AWARDED IN ACCORDANCE WITH INDIANA STATE UNIVERSITY'S SCHOLARSHIP DISTRIBUTION PRACTICES. THE FOUNDATION GIVES SCHOLARSHIPS DIRECTLY TO THE STUDENT'S ACCOUNTS AT INDIANA STATE UNIVERSITY. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds ALL GRANT EXPENDITURES ARE IN ACCORDANCE WITH THE GRANT AGREEMENT, SUBSTANTIATED WITH PROPER DOCUMENTATION, AND APPROVED BY THE GRANT SUPERVISOR AND DEPARTMENT CHAIR. X X true true false false false false false false false false false Andrea Angel CEO 0 224792 0 0 0 0 0 20868 0 11157 0 256817 0 0 Jeremiah Turner Assc VP Univ Advancement 0 121215 0 0 0 0 0 12852 0 19079 0 153146 0 0 Schedule J, Part I, Line 1a Travel for companions OCCASIONALLY IN ORDER TO SUPPORT THE MISSION OF SECURING AND PRESERVING PRIVATE RESOURCES FOR THE BETTERMENT OF INDIANA STATE UNIVERSITY, SPOUSES OF OFFICERS ARE INCLUDED IN TRAVEL PLANS FOR THE FOUNDATION. THIS TRAVEL IS OCCASSIONAL AND MUST BE DIRECTLY TIED TO A BUSINESS PURPOSE AND APPROVED. Schedule J, Part I, Line 1a Health or social club dues or initiation fees ANDREA ANGEL AND JEREMIAH TURNER WERE PROVIDED TERRE HAUTE COUNTRY CLUB DUES. THESE BENEFITS ARE NOT INCLUDED AS TAXABLE COMPENSATION BECAUSE THEY ARE USED TO CONDUCT THE FOUNDATION BUSINESS AND NOT FOR PERSONAL USE. Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE COMPENSATION FOR THE ORGANIZATION IS DETEREMINED BY THE RELATED ORGANIZATION INDIANA STATE UNIVERSITY. 21 801149 Market value X SOFTWARE 3 2294330 Market value X ATHLETICS 1 362960 Cost 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - SOFTWARE NUMBER OF ITEMS RECEIVED Other - ATHLETICS NUMBER OF ITEMS RECEIVED Form 990, Part V, Line 2a EMPLOYEES REPORTED ON W-3, TRANSMITTAL OF WAGE & TAX STATEMENTS: WAGES AND PAYROLL AMOUNTS ARE SHOWN ON THE RETURN. THESE AMOUNTS ARE PAID THROUGH CONTRACTED PAYROLL, NOT THROUGH THE FOUNDATION'S OWN PAYROLL. THUS, NO FORMS W-2 OR PAYROLL RETURNS ARE FILED BY THE FOUNDATION. THE NUMBER ON PART V LINE 2A REPRESENTS THE ESTIMATED NUMBER OF FORMS W-2 THAT WOULD HAVE BEEN FILED IF THE FOUNDATION HAD FILED THEIR OWN FORMS.THIS NUMBER INCLUDES BOTH STAFF AND STUDENT EMPLOYEES. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body INDIANA STATE UNIVERSITY HAS THE ABILITY TO APPOINT CERTAIN POSITIONS TO THE INDIANA STATE UNIVERSITY FOUNDATION'S GOVERNING BODY. VARIOUS POSITIONS FOR THE UNIVERSITY MUST SERVE AS DIRECTORS FOR THE FOUNDATION PER THE FOUNDATION'S BYLAWS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE CONTROLLER OF THE FOUNDATION AND THE CEO PERFORM A DETAILED REVIEW OF THE TAX RETURN BEFORE FILING. THE 990 IS ALSO PROVIDED TO THE FULL BOARD FOR THEIR REVIEW BEFORE IT IS FILED. THE RETURN IS ALSO PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. Form 990, Part VI, Line 12c Conflict of interest policy INDIVIDUALS WITH CONFLICTS MAY NOT PARTICIPATE IN THE CONSIDERATION OF TRANSACTIONS, THEY CAN NOT VOTE ON THEM. CONFLICTS OF INTEREST QUESTIONNAIRES ARE COMPLETED EACH YEAR BY MEMBERS OF THE BOARD OF DIRECTORS. THE ASSISTANT SECRETARY OF THE BOARD COLLECTS THE COMPLETED CONFLICT OF INTEREST FORMS FROM ALL BOARD MEMBERS AND GIVES THEM TO DIRECTOR OF ADVANCEMENT SERVICES TO FILE FOR RECORD KEEPING PURPOSES. BEFORE ANY MATTERS ARE CONSIDERED, THE CHAIR ASKS THAT ANYONE WITH A CONFLICT EXCUSE THEMSELVES. Form 990, Part VI, Line 15a Process to establish compensation of top management official ALL INDIANA STATE UNIVERSITY FOUNDATION EMPLOYEES ARE INDIANA STATE UNIVERSITY EMPLOYEES. COMPENSATION OF CEO AND OTHER KEY EMPLOYEES IS DETERMINED BY INDIANA STATE UNIVERSITY. COMPARABILITY DATA AND OTHER INFORMATION IS USED TO DETERMINE PROPER COMPENSATIONS FOR THE CEO AND KEY EMPLOYEES. Form 990, Part VI, Line 15b Process to establish compensation of other employees PLEASE SEE FORM 990, PART VI, LINE 15A NOTE THAT IS ABOVE. Form 990, Part VI, Line 19 Required documents available to the public BYLAWS AND FORM 990 ARE AVAILABLE ONLINE AT WWW.INDSTATE.EDU/GIVE. CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - -173548; Total - -173548; Indiana State University 200 N 7TH ST Terre Haute IN 47809 356001670 Education IN 501(c)(3) 2 NA false Charitable Remainder Trusts (9) Trust IN NA Trust false true false false false false false false false false false true false false true true true true true