2024-05-14T03:35:35+00:00 2023-06-30 350921680 CROWE LLP 155 West Nationwide Blvd Suite 500 Columbus OH 432152570 990 2022-07-01 346007199 Bowling Green State University Foundation Inc BOWL 4193722551 136 N Mercer Road Bowling Green OH 434030054 PAMELA J CONLIN PRESIDENT AND CEO 2024-05-14 true PAMELA CONLIN 999009999 KIM SCIFRES P01316095 6144690001 2022 2023-04-26 12:10:37Z PAMELA J CONLIN 136 N Mercer Road Bowling Green OH 434030054 58352347 false X www.bgsu.edu/alumni X 1954 OH The Bowling Green State University Foundation supports Bowling Green State University by receiving, investing and stewarding private gifts, and by encouraging prospective donors to give. 34 32 59 32 -6302 0 21592797 28192190 312979 227627 6156358 10213343 -10897 -10612 28051237 38622548 18543300 18189047 0 0 0 1826179 3433349 9666326 21976649 27855373 6074588 10767175 269755787 295626429 3607473 3719736 266148314 291906693 The Bowling Green State University Foundation supports the mission, vision, and strategic planning of Bowling Green State University by: 1) Inspiring alumni, friends, students, faculty, and staff to be donors and assisting in the collection of philanthropic resources for the benefit of the University. 2) Utilizing all available resources for the betterment of the University, consistent with the goals and intention of its donors. 3) Providing donors with opportunities to witness and experience the impact of their philanthropy. false false 11653437 11653437 PROVIDING SCHOLARSHIPS AND AWARDS IS A CRITICAL PART OF THE BGSU FOUNDATION, INC. THE FOUNDATION SUPPORTS BOWLING GREEN STATE UNIVERSITY THROUGH ITS COMMITMENT TO ACCESS, AFFORDABILITY AND OPPORTUNITY. SCHOLARSHIPS AND AWARDS ARE GRANTED BASED ON DEFINED GUIDELINES AND PREREQUISITES. 6701458 THE BGSU FOUNDATION, INC. PROVIDES FINANCIAL SUPPORT THAT ALLOWS THE BOWLING GREEN STATE UNIVERSITY TO MOVE FORWARD WITH CAPITAL PROJECTS AND IMPROVEMENTS THAT ENHANCE THE CAMPUS COMMUNITY WITH LEARNING,DISCOVERY AND ENGAGEMENT. 5447800 6535610 227627 THE BGSU FOUNDATION, INC. PROVIDES FINANCIAL SUPPORT TO ACADEMIC AND ADMINISTRATIVE DEPARTMENTS OF BOWLING GREEN STATE UNIVERSITY THAT ADVANCE THE STRATEGIC PLAN OF THE UNIVERSITY AND THE UNIVERSITY'S MISSION TO FOSTER ENGAGED CITIZENSHIP, GLOBAL LEADERSHIP AND CAREER PREPAREDNESS. 23802695 true true false false false false false false true false true false false true true false true false false true false false false true false false true true true false false false false false false false false true true false false true true false false false true 104 0 true 59 true true true false false false false true true false false false false false false X 34 32 false false false false false false false true true false false true true true true true true false false false X PAMELA J CONLIN 4193722551 MILETI ALUMNI CENTER BOWLING GREEN OH 434030054 C Ray Mullins Director, Board Chair Elect, Nominating & Gov. Chair 1.0 0.0 X X 0 0 0 Emanuele Conti Director, Board Chair 1.0 0.0 X X 0 0 0 Pamela J Conlin Director, BGSU Foundation President & CEO 35.0 5.0 X X 0 322204 71032 Valerie Newell Director, Treasurer, Financial Affairs Chair 1.0 0.0 X X 0 0 0 Anthony Rucci Director 1.0 0.0 X 0 0 0 Arthur Tuttle Director 1.0 0.0 X 0 0 0 Bonnie Sandman Director 1.0 0.0 X 0 0 0 C Raymond Marvin Director 1.0 0.0 X 0 0 0 Carol Ware Director 1.0 0.0 X 0 0 0 Craig Anderson Director 1.0 0.0 X 0 0 0 David Levey Director 1.0 0.0 X 0 0 0 Gary Benz Director 1.0 0.0 X 0 0 0 Gregory Forte Director 1.0 0.0 X 0 0 0 Holly Horn Director 1.0 0.0 X 0 0 0 Howard Aldrich Director 1.0 0.0 X 0 0 0 James Bailey Director 1.0 0.0 X 0 0 0 Jessica Miller-Blakely Director 1.0 0.0 X 0 0 0 John Gawaluck Director 1.0 0.0 X 0 0 0 John Riedl Director 1.0 0.0 X 0 0 0 Judith Sommers Director 1.0 0.0 X 0 0 0 Karla Jones Director 1.0 0.0 X 0 0 0 Karol Spencer Director 1.0 0.0 X 0 0 0 Keith Grass Director 1.0 0.0 X 0 0 0 Linda Davis Watters Director 1.0 0.0 X 0 0 0 Marcele Stiffler Director 1.0 0.0 X 0 0 0 Marcia Foss Director 1.0 0.0 X 0 0 0 Mary Beth Pate Director 1.0 0.0 X 0 0 0 Michael Winner Director 1.0 0.0 X 0 0 0 Ravi Kandikonda Director 1.0 0.0 X 0 0 0 Richard Moore Director 1.0 0.0 X 0 0 0 Rodney K Rogers Director, BGSU President 1.0 39.0 X 0 599199 243692 Shirley Carlson Director 1.0 0.0 X 0 0 0 Teresa Bair Director 1.0 0.0 X 0 0 0 Thomas Shanklin Director 1.0 0.0 X 0 0 0 ADREA NICOLE SPOON (SEE NARRATIVE IN SCH O) AVP, Alumni Eng & Annual Giving 35.0 5.0 X 0 114814 32216 Jeremy Ball AVP of Advancement Services 35.0 5.0 X 0 148617 58243 Karen Rohr AVP, Alumni Eng & Annual Giving 35.0 5.0 X 0 161261 41088 Laura Moore Exec Dir, Donor Relations & Stewardship 35.0 5.0 X 0 112248 33968 Robin Stock AVP of Development 35.0 5.0 X 0 156545 33981 0 1614888 514220 0 false true false Mercer Investments LLC 21875 Network Pl Chicago IL 606731218 Investment Advisor 337164 EAB PO Box 603519 Charlotte NC 282603519 Advancement Marketing Services 209940 Contributor Development Partnership PO Bo 412299 Boston MA 02241 WBGU Fundraising & Constituent Management Services & Software 152581 TJ Metzgers Inc dba Metzgers 207 Arco Dr Toledo OH 436072906 Commercial printing, fulfillment & mailing 152435 Hart Associates Inc 811 Madison Ave Toledo OH 43604 Digital marketing, advertising, videography 124220 5 259053 27933137 1486442 28192190 Program Development 900099 227627 227627 0 0 0 0 227627 5827928 -6302 5834230 0 0 24041392 19655977 4385415 0 4385415 4385415 63210 259053 73822 -10612 -10612 0 0 0 0 0 38622548 227627 -6302 10209033 6535610 6535610 11653437 11653437 52859 23716 29009 134 572783 256995 314344 1444 53909 34523 16715 2671 1000948 200190 300284 500474 102427 52819 49608 771249 705963 62280 3006 912393 730528 85926 95939 89930 74234 12258 3438 41946 38936 3010 UNIVERSITY PROGRAMMING 2907195 1386336 458065 1062794 PROVISION FOR BAD DEBT 1686081 1686081 STEWARDSHIP EVENTS 960417 92362 806074 61981 FEES/DUES/SUBSCRIPTIONS/ETC 167234 138045 22795 6394 346955 192920 115739 38296 27855373 23802695 2226499 1826179 1728607 2914180 11682893 14337398 0 645804 0 0 0 0 107565 0 0 0 0 0 219501476 237679887 33372844 36793968 0 3469967 3147627 269755787 295626429 469971 1021273 0 0 3137502 2698463 3607473 3719736 X 19928873 24431944 246219441 267474749 266148314 291906693 269755787 295626429 X 10767175 15409814 -418610 X false true X true false X 22128791 17793736 48467526 21592797 28192190 138175040 0 0 0 0 0 0 4030600 4111200 4097300 4247100 4692000 21178200 26159391 21904936 52564826 25839897 32884190 159353240 29423158 129930082 3511177 3343780 4228919 5135751 5827928 22047555 0 0 0 0 0 0 78959 91348 53031 48217 63210 334765 181735560 2357940 0.7149 0.7183 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS INCOME FROM FUNDRAIGIN EVENTS, COLUMN A - 78959.0, COLUMN B - 91348.0, COLUMN C - 53031.0, COLUMN D - 48217.0, COLUMN E - 63210.0, COLUMN F - 334765.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 185464897 11270171 18837605 3731111 579231 1757391 209504940 199755552 7002896 -14102959 3118655 2471846 1600091 185464897 155729996 10136134 40361744 3104985 1867454 1499883 199755552 149437826 6468344 6001926 2882725 1991671 1303704 155729996 138038286 9883612 7686388 2153590 2397724 1619146 149437826 0.0115 0.6625 0.326 false false PRIVATE INVESTMENT FUNDS 36183083 F REAL ESTATE FUNDS & OTHER 610885 F 36793968 ANNUITIES PAYABLE 2698463 2698463 X 57585356 15409814 5158423 -1679251 18888986 38696370 -73822 -73822 38622548 31401537 5158423 73822 5232245 26169292 1686081 1686081 27855373 Schedule D, Part V, Line 4 Intended uses of endowment funds THE FOUNDATION'S ENDOWMENT FUNDS ARE USED TO SUPPORT THE PROGRAMS OF THE UNIVERSITY, PROVIDE SCHOLARSHIPS AND SUPPORT FOR UNIVERSITY STUDENTS, AND TO ASSIST IN THE FUNDING OF UNIVERSITY CAPITAL PROJECTS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation has been recognized by the Internal Revenue Service as an organization exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code. The Foundation is a public charity by reason of being described in Internal Revenue Code Section 170(b)(1)(A)(vi). The Foundation is exempt from federal income taxes except to the extent of income derived from unrelated business activities. Unrelated business income is not material to the consolidated financial statements. The Corporation is incorporated as a limited liability corporation. Accounting principles generally accepted in the United States of America prescribe recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Tax benefits will be recognized only if a tax position is more-likely-than-not sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50% likely being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded. The Foundation completed an analysis of its tax positions, in accordance with Accounting Standards Codification (ASC) 740, Income Taxes, and determined that no amounts were required to be recognized in the consolidated financial statements at June 30, 2023 and 2022. The Foundation would recognize interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The Foundation has no amounts accrued for interest or penalties for the year ended June 30, 2023 and 2022. The Foundation does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 RECLASS: PROVISION FOR BAD DEBT - -1686081 CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE - 6830 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements RECLASS: FUNDRAISING EXPENSE - -73822 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RECLASS: FUNDRAISING EXPENSE - 73822 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements RECLASS: PROVISION FOR BAD DEBT - 1686081 Central America and the Caribbean 0 0 Investments 6361000 Europe (Including Iceland and Greenland) 0 0 Investments 2468000 0 0 0 0 0 0 8829000 0 8829000 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; EUROPE (INCLUDING ICELAND AND GREENLAND)-Other: Gridiron Classic Golf Outing 06/19/23 198753 166803 31950 9077 8960 22180 650 2022 Volleyball Dream Big Event 08/19/22 37300 35920 1380 628 5 86210 56330 29880 1100 18160 11219 1848 322263 259053 63210 10177 27120 33399 3126 73822 -10612 true Bowling Green State University 1001 E Wooster Bowling Green OH 43403 346402018 115(1) 6171287 105675 FMV Books, CDs, Magazines, Theater Outfits, Photographs, Equipment, Artwork To support the University's exempt purpose. BGSU Alumni Association 136 N Mercer Road Bowling Green OH 43403 237248524 501(C)(3) 60000 FMV To support the Alumni Association's Exempt purpose. 2 0 Various Scholarships and Awards 2799 11649260 Student Emergency Assistance 10 4177 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE FOUNDATION MAINTAINS GUIDELINES/CRITERIA FOR THE USE OF FUNDS FROM EACH OF ITS SCHOLARSHIP ACCOUNTS. EACH OF THE ACCOUNTS HAS A FUND REPRESENTATIVE THAT IS RESPONSIBLE FOR MONITORING AND APPROVING ALL ACTIVITY IN THE ACCOUNT. THE FUND REPRESENTATIVE IS ALSO RESPONSIBLE FOR MONITORING THE SELECTION PROCESS OF SCHOLARSHIP RECIPIENTS TO ENSURE THAT THE ACCOUNT GUIDELINES ARE FOLLOWED. SCHOLARSHIP FUNDS ARE THEN DISTRIBUTED TO THE RECIPIENT BY THE OFFICE OF STUDENT FINANCIAL AID (SFA) THROUGH THE STUDENTS' UNIVERSITY ACCOUNT. THE FOUNDATION THEN REIMBURSES THE UNIVERSITY FOR THOSE SCHOLARSHIP DISTRIBUTIONS true true false false false false false false false Pamela J Conlin Director, BGSU Foundation President & CEO 0 311057 0 0 0 11147 0 43535 0 27497 0 393236 0 0 Rodney K Rogers Director, BGSU President 0 495931 0 100000 0 3268 0 226969 0 16723 0 842891 0 0 Robin Stock AVP of Development 0 138201 0 0 0 18344 0 19743 0 14238 0 190526 0 0 Karen Rohr AVP, Alumni Eng & Annual Giving 0 118539 0 0 0 42722 0 23170 0 17918 0 202349 0 0 Jeremy Ball AVP of Advancement Services 0 145927 0 2000 0 690 0 21722 0 36521 0 206860 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation The top management official of the Foundation is employed by the University and therefore the University establishes the compensation for that individual. Schedule J, Part I, Line 4a Severance or change-of-control payment Karen Rohr received severance payments that were reported on her 2022 W2 in the amount of $42,128. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan DR. RODNEY ROGERS, UNIVERSITY PRESIDENT, PARTICIPATES IN BOWLING GREEN STATE UNIVERSITY'S NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT OR SECTION 457(F) PLAN. AT THE END OF EACH CONTRACT YEAR COMMENCING ON JANUARY 1, 2018 AND ENDING WITH THE CONTRACT YEAR COMMENCING ON JUNE 30, 2023, AN AMOUNT EQUAL TO AT LEAST 20% OF DR. ROGERS' BASE SALARY WILL BE CONTRIBUTED TO THE DEFERRED COMPENSATION ACCOUNT IN ADDITION TO ANY OTHER AMOUNTS APPROVED BY THE BOARD OF TRUSTEES. IF ROGERS IS TERMINATED DURING A CONTRACT YEAR, ROGERS' ACCOUNT SHALL BE CREDITED WITH AN AMOUNT EQUAL TO AT LEAST 20% TWENTY PERCENT (20%) OF ROGERS' BASE SALARY FOR SUCH CONTRACT YEAR, DIVIDED BY TWELVE (12) AND MULTIPLIED BY THE NUMBER OF MONTHS OF THE CONTRACT YEAR THAT ROGERS WAS EMPLOYED AS THE BGSU PRESIDENT ON THE LAST DAY OF THE MONTH. 2022 DEFERRAL AMOUNT = $152,393 X 24 1380767 Market value X Various supplies/materials/equipment 188 105675 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - Various supplies/materials/equipment Reporting the number of contributions. Securities - Publicly traded - There were 24 individuals who made contributions of stock during FY23. Form 990, Part VI, Line 13 Written Whistleblower Policy The Foundation's current practice is to follow the written whistleblower policy as adopted and implemented by Bowling Green State University. Form 990, Part VI, Line 14 Written Document Retention and Destruction Policy The Foundation's current practice is to follow the written document retention and destruction policy as adopted and implemented by Bowling Green State University. Form 990, Part VI, Line 15a Determination and Review of Compensation for Top Management Official The determination and reviews of compensation for the top management officials are done by Bowling Green State University. Form 990, Part VI, Line 15b Determination and Review of Compensation for Other There are no other officers or key employees of the filing organization, therefore this question has been answered "no" per IRS instruction. Form 990, Part VI, Line 1a Delegate broad authority to a committee Per the Foundation's code of regulations, the Executive Committee shall consist of the Chair, Chair-Elect, Immediate Past Chair, the Chairs of the Foundation's other standing committees, the President of the University, the President of the Foundation and the Chief Financial Officer of the University. The role of the Executive Committee shall be to: (a) act on urgent business on behalf of the Board as necessary during the intervals between the meetings of the Board; and (b) in collaboration with the Chair of the Board, consult with the President of the Foundation on planning for regular meetings of the Board. In the event a standing committee member of the Executive Committee is unable to attend an Executive Committee meeting, the Chair of the Board may appoint another member of the Board as a replacement for that meeting. Form 990, Part VI, Line 11b Review of form 990 by governing body A COMPLETED FINAL DRAFT COPY OF FORM 990 AND SUPPLEMENTAL SCHEDULES ARE PRESENTED TO THE BOARD FOR REVIEW. FOLLOWING THIS REVIEW AND THE COMPLETION OF ANY REVISIONS OR CORRECTIONS, A FINAL FORM 990 IS MADE AVAILABLE ELECTRONICALLY VIA THE ONBOARD PORTAL TO ALL FOUNDATION BOARD MEMBERS BEFORE FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy ALL FOUNDATION BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE AN ELECTRONIC CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS. THE DIRECTOR OF NON-PROFIT ACCOUNTING ELECTRONICALLY DISTRIBUTES THE QUESTIONNAIRE TO ALL DIRECTORS DURING THE FISCAL YEAR. THE DIRECTOR OF FOUNDATION ACCOUNTING TRACKS THE RESPONSES ELECTRONICALLY AND FOLLOWS UP WITH ANYONE WHO HAS NOT RESPONDED UNTIL ALL RESPONSES ARE RECEIVED. IN ADDITION, ANY EXCEPTIONS TO THE POLICY AS NOTED ARE BROUGHT TO THE ATTENTION OF THE PRESIDENT/CEO FOR THEIR DISPOSITION. ALL DIRECTORS ARE EXPECTED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST IN ANY MATTERS BROUGHT BEFORE THE BOARD PRIOR TO DISCUSSION OF THAT MATTER AND TO SUBSEQUENTLY RECUSE THEMSELVES FROM VOTING OR DISMISS THEMSELVES FROM THE MEETING. Form 990, Part VI, Line 19 Required documents available to the public THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE FOUNDATION'S OFFICES LOCATED AT MILETI ALUMNI CENTER, BOWLING GREEN, OHIO. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF CASH SURRENDER VALUE LIFE INSURANCE - 6830; CHANGE IN SPLIT INTEREST AGREEMENT - -425440; Part VII - Compensation for Adrea Spoon ADREA SPOON BEGAN THE POSITION OF ASSISTANT VICE PRESIDENT OF ALUMNI ENGAGEMENT AND ANNUAL GIVING IN FEBRUARY OF 2023. SHE WORKED FOR BOWLING GREEN STATE UNIVERSITY BEFORE THIS TIME. PER IRS INSTRUCTION, HER 2022 COMPENSATION IS BEING REPORTED. HOWEVER, PLEASE NOTE, THE COMPENSATION REPORTED DOES NOT REFLECT THE COMPENSATION FOR THE AVP POSITION BUT REPRESENTS HER COMPENSATION FOR HER PRIOR ROLE. BOWLING GREEN STATE UNIV FOUNDATION LLC 1851 N Research Drive Bowling Green OH 43403 346007199 REAL ESTATE MANAGEMENT OH 0 608890 BGSU FOUNDATION BOWLING GREEN STATE UNIVERSITY 1851 N Research Drive BOWLING GREEN OH 43403 346402018 EDUCATION OH NA false Charitable Remainder Trusts (5) INVESTMENT OH NA Trust true false true false false false false false false false false true true false true true true true true false