2025-05-13T16:41:13-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 475 REGENCY PARK SUITE 175 OFALLON IL 62269 990 2023-07-01 486104332 PITTSBURG STATE UNIVERSITY FOUNDATION INC PITT 6202317000 401 EAST FORD PITTSBURG KS 66762 KATHLEEN FLANNERY PRESIDENT/CEO 6202317000 2025-05-13 1 1 JEFF PARKER P00970069 6182331200 2025-05-13 2023 2025-03-06 01:10:19Z KATHLEEN M FLANNERY 401 EAST FORD PITTSBURG KS 66762 52287991 0 X HTTPS://WWW.PITTSTATE.EDU/FOUNDATION X 1985 KS TO MAXIMIZE PRIVATE GIFT SUPPORT FOR PITTSBURG STATE UNIVERSITY, EXERCISEPROPER MANAGEMENT OF FOUNDATION ASSETS, LAY THE GROUNDWORK FOR FUTUREFUNDRAISING SUCCESS IN SUPPORT OF THE UNIVERSITY'S TEACHING, RESEARCH AND SERVICE/CIVIC ENGAGEMENT FUCTIONS, AND TO DEVELOP AND MAINTAIN RELATIONSHIPS THROUGHOUT THE UNIVERSITY'S BROAD RANGE OF CONSTITUENCIES. 41 41 0 40 0 0 7470154 14731679 0 0 2355307 3474503 246109 320865 10071570 18527047 11136125 9914206 0 0 619874 0 0 0 682128 1068270 2019618 12824269 11933824 -2752699 6593223 118362835 132117327 7662529 6755988 110700306 125361339 X TO MAXIMIZE PRIVATE GIFT SUPPORT FOR PITTSBURG STATE UNIVERSITY, EXERCISE PROPER MANAGEMENT OF FOUNDATION ASSETS, LAY THE GROUNDWORK FOR FUTURE FUNDRAISING SUCCESS IN SUPPORT OF THE UNIVERSITY'S TEACHING, RESEARCH AND SERVICE/CIVIC ENGAGEMENT FUCTIONS, AND TO DEVELOP AND MAINTAIN RELATIONSHIPS THROUGHOUT THE UNIVERSITY'S BROAD RANGE OF CONSTITUENCIES. 0 0 6912625 6912625 0 THE FOUNDATION PROVIDED FUNDS FOR VARIOUS PURPOSES FOR PITTSBURG STATE UNIVERSITY INCLUDING CLASSROOM INSTRUCTION, FACULTY/PROFESSIONAL DEVELOPMENT, OPERATING EXPENSES, AND CAPITAL PROJECTS. 3001581 3001581 0 THE FOUNDATION PROVIDED SCHOLARSHIPS TO ELIGIBLE STUDENTS ATTENDING PITTSBURG STATE UNIVERSITY. ELIGIBILITY WAS DETERMINED BY UNIVERSITY FINANCIAL AID DEPARTMENT. 9914206 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 75 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 41 41 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X KATHLEEN M FLANNERY 6202354757 401 EAST FORD PITTSBURG KS 66762 DEANN HILL TREASURER 2.00 0.00 X X 0 0 0 GARY TREDWAY CHAIRMAN 1.00 0.00 X X 0 0 0 MILES SCHNAER VICE CHAIRMAN 1.00 0.00 X X 0 0 0 SCOTT BAILEY TRUSTEE 1.00 0.00 X 0 0 0 LYNDA BANWART TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY BEASLEY TRUSTEE 1.00 0.00 X 0 0 0 MARTHA BEEZLEY TRUSTEE 1.00 0.00 X 0 0 0 A BLAKE BENSON TRUSTEE 1.00 0.00 X 0 0 0 PAUL BERGANT TRUSTEE 1.00 0.00 X 0 0 0 KOETA BRYANT TRUSTEE 1.00 0.00 X 0 0 0 REBECCA BURNS TRUSTEE 1.00 0.00 X 0 0 0 ELLEN CARTER TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN CIESIELSKI TRUSTEE 1.00 0.00 X 0 0 0 BETTY CROSSLAND TRUSTEE 1.00 0.00 X 0 0 0 REID DAVISON TRUSTEE 1.00 0.00 X 0 0 0 DONNA DUTCHER TRUSTEE 1.00 0.00 X 0 0 0 R DOUG EATON TRUSTEE 1.00 0.00 X 0 0 0 MINDI GARNER TRUSTEE 1.00 0.00 X 0 0 0 ROGER GLADDEN TRUSTEE 1.00 0.00 X 0 0 0 DENISE GRASSO TRUSTEE 1.00 0.00 X 0 0 0 GARTH HERRMANN TRUSTEE 1.00 0.00 X 0 0 0 DEANN HILL TRUSTEE 1.00 0.00 X 0 0 0 TROY HILL TRUSTEE 1.00 0.00 X 0 0 0 JANET HOUSER TRUSTEE 1.00 0.00 X 0 0 0 REBECCA LIGHT TRUSTEE 1.00 0.00 X 0 0 0 JENNINE MARRONE TRUSTEE 1.00 0.00 X 0 0 0 DAWN MCNAY TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER MEDLEY TRUSTEE 1.00 0.00 X 0 0 0 FRANCES MITCHELSON TRUSTEE 1.00 0.00 X 0 0 0 MONICA MURNAN TRUSTEE 1.00 0.00 X 0 0 0 RONALD SCRIPSICK TRUSTEE 1.00 0.00 X 0 0 0 JIM SHETLAR TRUSTEE 1.00 0.00 X 0 0 0 WALLACE SOUDER TRUSTEE 1.00 0.00 X 0 0 0 JAMES STANDEN TRUSTEE 1.00 0.00 X 0 0 0 LAURA SULLIVAN TRUSTEE 1.00 0.00 X 0 0 0 ELIAS TAWIL TRUSTEE 1.00 0.00 X 0 0 0 HAROLD THOMAS TRUSTEE 1.00 0.00 X 0 0 0 JOHNNY THOMAS TRUSTEE 1.00 0.00 X 0 0 0 THOMAS THOMAS JR TRUSTEE 1.00 0.00 X 0 0 0 JEFF VICKERS TRUSTEE 1.00 0.00 X 0 0 0 DONALD WOOLFOLK TRUSTEE 1.00 0.00 X 0 0 0 SHARYL BROGAN DIRECTOR OF ADVANCEMENT SERVICES 40.00 0.00 X 0 83947 31135 KATHLEEN FLANNERY PRESIDENT / CEO / SECRETARY 16.00 24.00 X 0 174001 32295 0 257948 63430 0 0 1 0 HOME CENTER CONSTRUCTION 8420 W ATKINSON RD PITTSBURG KS 66762 CONSTRUCTION SERVICES 294833 MCCOWN GORDON CONSTRUCTION 850 MAIN ST KANSAS CITY MO 64105 CONSTRUCTION SERVICES 249033 FUND EVALUATION GROUP LLC 201 E 5TH ST 1600 CINCINNATI OH 45202 INVESTMENT CONSULTING AND MANAGEMENT FEE 211601 3 14731679 2814314 14731679 2190642 2190642 117462 117462 837 0 837 837 837 35044805 33760944 1283861 1283861 1283861 OTHER SERVICE CHARGES 611310 189581 189581 CONCERT AND PLAY ADMISSIONS 611310 12721 12721 MISC. REVENUE 611310 264 264 202566 18527047 0 0 3795368 6912625 6912625 3001581 3001581 794811 629316 165495 32550 32550 390348 390348 9782 9782 211815 66365 145450 9926 6948 2978 24728 3307 21421 83558 55149 28409 20290 16560 3730 ALUMNI ACTIVITIES 181221 181221 REPAIRS 172289 113973 58316 PUBLICATIONS 35000 35000 BLDG & GROUND MAINTENAN 23522 16465 7057 29778 6509 23269 11933824 9914206 1337490 682128 785305 1287863 7822676 11442776 73961 100307 2500000 7269976 2334298 1022740 977560 1311558 82209044 82856238 23994289 27848609 118362835 132117327 174731 258782 7333341 6388644 154457 108562 7662529 6755988 X 19662097 20774683 91038209 104586656 110700306 125361339 118362835 132117327 X 6593223 7802152 265658 X X 0 1 X 1 0 X 8524424 8533829 7910290 7470154 14731679 47170376 8524424 8533829 7910290 7470154 14731679 47170376 6399786 40770590 2518728 2192650 3483323 2697643 2308941 13201285 300674 193098 162572 202566 858910 61230571 0.66590 0.66040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86337850 4024165 6063674 390348 96035341 83058235 1515257 2137516 373158 86337850 94546845 3076833 -14303187 183542 445798 83058235 59972132 17089923 20281446 2459362 337294 94546845 60679673 3384833 -596623 3173914 321837 59972132 0.14429 0.70177 0.15394 1 0 62728 62728 1949379 783946 1165433 290650 208781 81869 31541 30013 1528 1311558 HEDGE FUNDS 13687641 F PRIVATE EQUITY PARTNERHSIPS 8022877 F PRIVATE REAL ASSETS 6138091 F 27848609 PRESENT VALUE OF ANNUITIES 78173 ACCRUED INTEREST 30389 108562 X 26204509 7802152 265658 8067810 18136699 390348 390348 18527047 11543476 0 11543476 390348 390348 11933824 PART X, LINE 2: PITTSBURG STATE UNIVERSITY FOUNDATION, INC. IS A NONPROFIT ORGANIZATION THAT IS TAX EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FOLLOWS THE STANDARD FOR EVALUATING UNCERTAIN TAX POSITIONS. UNDER THIS STANDARD, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED JUNE 30, 2023, THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST TRUSTS HELD BY OTHERS 265,658. 1 PITTSBURG STATE UNIVERSITY 1701 S BROADWAY PITTSBURG KS 66762 223981479 GOVERNMENT 6912625 0 UNIVERSITY SUPPORT 1 PSU STUDENT SCHOLARSHIPS 1730 3001581 PART I, LINE 2: PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE FOUNDATION PROVIDES ASSISTANCE TO PITTSBURG STATE UNIVERSITY FOR VARIOUS PURPOSES INCLUDING CLASSROOM INSTRUCTION, OPERATING EXPENSES AND SPECIAL CAPITAL PROJECTS. ALL FOUNDATION EXPENDITURES REQUIRE THE APPROVAL OF THE FOUNDATION'S PRESIDENT AND CEO. APPROVAL IS BASED ON DONOR RESTRICTIONS (IF ANY) PLACED ON THE DISTRIBUTION OF SPECIFIC ACCOUNTS. THE FOUNDATION PROVIDED SCHOLARSHIPS TO ELIGIBLE STUDENTS ATTENDING THE UNIVERSITY. ELIGIBITY WAS DETERMINED BY THE UNIVERSITY FINANCIAL AID DEPARTMENT, DESIGNATED DEPARTMENT, OR DESIGNATED UNIVERSITY PERSONNEL BY FOLLOWING SCHOLARSHIP STIPULATIONS ESTABLISHED BY DONORS. 0 0 0 0 0 0 0 0 0 KATHLEEN FLANNERY PRESIDENT / CEO / SECRETARY 0 174001 0 0 0 0 0 14892 0 17403 0 206296 0 0 PART I, LINE 3 THE COMPENSATION FOR THE PRESIDENT & CEO IS DETERMINED BY THE RELATED ORGANIZATION, PITTSBURG STATE UNIVERSITY. X 9137 FMV X 2 29936 FMV X 11 389227 FMV X 1 5637 FMV X 4 47430 INDEPENDENT APPRAISAL X ATHLETIC TURF & INSTALLATION 1 1600000 FMV X EDUCATION EQUIPMENT 13 575297 FMV X VEHICLE USE 3 115733 FMV X EDUCATION MATERIALS 3 14683 FMV X SOFTWARE LICENSES 1 12900 FMV X FOOD & BEVERAGE 6 4932 FMV X LODGING 2 2131 FMV X EQUIPMENT USE 1 1800 FMV X JEWELRY 2 1513 FMV X FURNITURE 1 1235 FMV X GOLF FEES 1 1134 FMV X EVENT COSTS 2 899 FMV X PHOTOGRAPHY 2 500 FMV X COACHING INSTRUCTION 1 190 FMV 0 0 1 1 PART I, LINE 32B: A REALTOR IS USED TO SELL RESIDENTIAL PROPERTIES. A CONSIGNMENT BROKER IS USED TO SELL COLLECTIBLES. NONCASH CONTRIBUTIONS ARE REPORTED AS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART V, LINE 2A ALL EMPLOYEES ARE PAID THROUGH AN AGREEMENT WITH PITTSBURG STATE UNIVERSITY AND ARE INCLUDED ON THE PITTSBURG STATE UNIVERSITY W-3. THE ORGANIZATION REIMBURSES PITTSBURG STATE UNIVERSITY FOR EMPLOYEE WAGES, PAYROLL TAXES AND BENEFITS. FORM 990, PART VI, SECTION A, LINE 2 DAN MIDFLET, TRUSTEE EMERITUS (NO VOTING RIGHTS) & ERIC GROOMS, TRUSTEE EMERITUS (NO VOTING RIGHTS) HAVE A BUSINESS RELATIONSHIP. THE BUSINESS RELATIONSHIP IS AN EMPLOYER/EMPLOYEE RELATIONSHIP AT AN UNRELATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B BEFORE IT IS FILED, A COPY OF THE FORM 990 IS EMAILED TO EACH MEMBER OF THE EXECUTIVE BOARD OF TRUSTEES FOR THEIR REVIEW AND ACKNOWLEDGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF TRUSTEES. A COPY OF THE CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL DIRECTORS AND OFFICERS, WHO ARE REQUIRED TO COMPLETE AN ANNUAL FORM WHICH SPECIFIES ANY POTENTIAL CONFLICTS OF INTEREST. DISCLOSURE OF ANY DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY TRUSTEE WOULD BE REVIEWED BY THE EXECUTIVE DIRECTOR OF THE FOUNDATION, WHO WILL ADVISE THE PRESIDENT OF THE BOARD OF TRUSTEES AND ANY COMMITTEE CHAIRMAN ON A TIMELY BASIS WHO WILL DETERMINE IF A CONFLICT EXISTS. ANY TRUSTEE DETERMINED TO HAVING A DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON ANY MATTER COMING TO A VOTE OF THE FULL BOARD OF TRUSTEES OR ANY OF ITS COMMITTEES, WILL NOT VOTE OR USE HIS/HER PERSONAL INFLUENCE ON THE MATTER. THE MINUTES OF THE MEETING WILL REFLECT THAT A DISCLOSURE WAS MADE AND THE ABSTENTION FOR VOTING. TIMELY FULL DISCLOSURE OF ANY DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY TRUSTEE SHOULD BE MADE TO THE EXECUTIVE DIRECTOR OF THE FOUNDATION, WHO SHALL ADVISE THE PRESIDENT OF THE BOARD OF TRUSTEES AND ANY COMMITTEE CHAIRMAN ON A TIMELY BASIS. THE EXECUTIVE DIRECTOR IS REQUIRED TO MAKE A PERMANENT RECORD AND MAKE THAT AVAILABLE FOR INSPECTION TO ANY TRUSTEE OR OTHER AUTHORIZED PERSON. ANY TRUSTEE HAVING A POSSIBLE CONFLICT OF INTEREST OR DUALITY OF INTEREST ON ANY MATTER COMING TO A VOTE OF THE FULL BOARD OF TRUSTEES OR ANY OF IT'S COMMITTEES SHOULD DISCLOSE THAT PRIOR TO SUCH VOTE AND SHOULD NOT VOTE OR USE PERSONAL INFLUENCE ON MATTER. TRUSTEE MAY, HOWEVER, BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE POSITION OF THE PRESIDENT AND CEO OF THE FOUNDATION IS AN EMPLOYEE OF PITTSBURG STATE UNIVERSITY. THIS POSITION IS PARTIALLY FUNDED BY THE FOUNDATION. THIS POSITION'S COMPENSATION BY THE UNIVERSITY IS DETERMINED BY GUIDELINES ESTABLISHED BY THE KANSAS BOARD OF REGENTS. THE POSITION OF DIRECTOR OF ADVANCEMENT SERVICES OF THE FOUNDATION IS AN EMPLOYEE OF PITTSBURG STATE UNIVERSITY. THIS POSITION IS FUNDED BY THE FOUNDATION. THIS POSITION'S COMPENSATION BY THE UNIVERSITY IS DETERMINED BY GUIDELINES ESTABLISHED BY THE KANSAS BOARD OF REGENTS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND TAX FILINGS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST TRUST HELD BY OTHERS 265,658. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. PITTSBURG STATE UNIVERSITY 1701 SOUTH BROADWAY PITTSBURG KS 66762 486119268 UNIVERSITY / HIGHER EDUCATION KS N/A 0 0 1 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 1 1