2025-05-15T14:32:12+00:00 2024-06-30 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2023-07-01 356045550 Indiana State University Foundation Inc INDI 8122376100 30 N Fifth Street Terre Haute IN 47809 Andrea L Angel CEO 2025-05-15 true Nicole Fishback P01279475 3173834000 2025-05-15 2023 2025-03-06 01:10:19Z Indiana State University Foundation Andrea L Angel 30 N Fifth Street Terre Haute IN 47809 32677286 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. 34 33 39 160 349 14372325 15549357 792516 964058 1132950 4928934 -168388 -35764 16129403 21406585 7417330 9292815 0 23515 19339 0 389123 1831380 1891196 9272225 11203350 6857178 10203235 129647619 149874413 7676289 7569914 121971330 142304499 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 6886735 6886735 964058 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. 2406080 2406080 PROVIDED 1,100 SCHOLARSHIPS AND AWARDS TO 937 INDIANA STATE UNIVERSITY STUDENTS. 82790 ALUMNI ASSOCIATION PROVIDES OUTREACH AND EVENTS WHICH ENCOURAGE FORMER ISU STUDENTS TO REMAIN INVOLVED WITH ISU. 9375605 true true false false false false true false true true false false false true false 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 false true true true false false true X 47 0 true 39 true true true false false false false true true false false false true false false false X 34 33 false false false false false true false true true false false true true true true true true true true false CA IN KY MD MA MI MN NH NJ NY OR RI SC UT AR WI X X Lucy Lunsford 8122376126 30 N Fifth Street Terre Haute IN 47809 Andrea Angel CEO 37.5 1.0 X X 0 212509 28614 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 Aryn Williams Chairperson, Alumni Board 1.0 0.0 X 0 0 0 Dan Thiel Director 1.0 0.0 X 0 0 0 Daniel Riley Director 1.0 0.0 X 0 0 0 Deborah Curtis Director 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 Greg Steenberg Director 1.0 0.0 X 0 0 0 J Bart Colwell 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 Keith Dickey 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 Linda Pellegrini Director 1.0 0.0 X 0 0 0 Lindsay Stergar Director 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 91007 9120 Macala Beasley Assistant Secretary 37.5 0.0 X 0 22502 6518 Jeremiah Turner Assc VP Univ Advancement 37.5 0.0 X 0 116959 30373 Kenneth Menefee Planned/Principal gifts ex dir 37.5 0.0 X 0 108796 27960 0 551773 102585 0 false true false The JEMM Group 57 Hampton Road Southampton NY 11968 Investment Management 224296 SODEXO INC & AFFILIATES 218 N 6TH ST TERRE HAUTE IN 47809 CATERING 215959 2 1625307 13924050 3599978 15549357 OTHER PROGRAM SERVICES 900099 964058 964058 0 0 0 0 964058 3094768 349 3094419 0 0 12954120 796 11120750 1833370 796 1834166 1834166 114187 1625307 149951 -35764 -35764 0 0 0 0 0 0 0 0 0 21406585 964058 349 4892821 6886735 6886735 2406080 2406080 19339 7817 11522 12931 12931 93360 93360 380806 380806 3180 0 0 3180 68704 68704 112366 77 45222 67067 249913 249913 459772 459772 103786 14604 4477 84705 7730 1126 987 5617 67136 67136 66915 66915 39239 39239 OTHER EXPENSES 156309 1389 10047 144873 EVENTS 50878 50878 ENTERTAIMENT 12521 9066 3455 PARKING 5650 5650 0 0 0 0 11203350 9375605 1438622 389123 2228557 10225604 0 0 7985304 7003897 35754 30049 0 0 0 0 0 0 24997 26796 200291 219497 1641253 1199243 483623 442010 106849098 119792474 5586975 6946769 0 0 0 6253020 5187317 129647619 149874413 477365 973407 0 0 0 0 0 0 0 0 0 0 0 0 3316431 2370305 3882493 4226202 7676289 7569914 X 10819567 14404075 111151763 127900424 121971330 142304499 129647619 149874413 X 10203235 10746979 -617045 X false true X true false X 6521565 18158201 13715516 14372325 15549357 68316964 0 0 6521565 18158201 13715516 14372325 15549357 68316964 30844153 37472811 1803302 1594068 2545213 2530793 3094768 11568144 13505 8270 2324 24099 0 0 0 0 0 0 79909207 3501238 0.4689 0.4852 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100000 X X false 83097516 2243314 12361621 1775892 917717 95008842 73552657 5664672 6729501 1970245 879069 83097516 79121261 5647244 -8812203 1628151 775494 73552657 63269952 3761678 14703933 1522261 1092041 79121261 60736929 3107581 1415847 1113934 876471 63269952 0.6566 0.3434 true false 914104 584132 329972 100000 627149 615111 112038 442010 DUE TO INDIANA STATE UNIVERSITY 828210 PV OF SPLIT INT AGREEMENT 1461319 OPERATING LEASE 1936673 4226202 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. Central America and the Caribbean Investments 5388735 0 0 0 0 0 0 5388735 0 5388735 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 1355900 1355900 0 17828 MEN'S BASKETBALL EVENT 118740 117710 1030 1914 14464 8 264854 151697 113157 730 29263 85752 1739494 1625307 114187 730 31177 118044 149951 -35764 true INDIANA STATE UNIVERSITY 200 N SEVENTH STREET TERRE HAUTE IN 47809 356001670 501(C)(3) 6886735 SUPPORT EDUCATIONAL 1 SCHOLARSHIPS AND GRANTS TO STUDENTS 937 2406080 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 true true false false false false false false false false false Andrea Angel CEO 0 194625 0 0 0 17884 0 19606 0 9008 0 241123 0 0 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. X 2 7801 Market value X 1000 Market value X 1000 Market value X 1 3744 Market value X 39 1349762 Market value X 2 10065 Market value X ATHLETICS 22 383717 Cost X EQUIPMENT 4 90096 Market value X PRIZES 7 40668 Cost X SOFTWARE 2 1709625 Market value X TRAINING MATERIALS 1 2500 Market value false true false Schedule M, Part I Column (B) - Number of Contributors THE TAXPAYER REPORTS THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). 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 - 140949; DISSOLUTION OF SYCAMORE FOUNDATION HOLDINGS - -757994; Sycamore Foundation Holdings INC 30 N Fifth Street Terre Haute IN 47809 263673809 Support IN 501(c)(3) Type I ISU FDN true 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 SYCAMORE FOUNDATION HOLDINGS INC S 757994 FMV