2022-05-16T15:26:25-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 801 FELIX STREET ST JOSEPH MO 64501 990 2020-07-01 486104332 PITTSBURG STATE UNIVERSITY FOUNDATION INC PITT 6202317000 401 EAST FORD PITTSBURG KS 66762 KATHLEEN FLANNERY PRESIDENT/CEO 6202317000 2022-05-16 1 KATHLEEN FLANNERY 999009999 HAROLD RAY P01248589 8162328441 2022-05-16 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z KATHLEEN M FLANNERY 401 EAST FORD PITTSBURG KS 66762 34446839 0 X HTTPS://GIVETO.PITTSTATE.EDU/ABOUT-US 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 42 0 0 8524424 8533829 158287 0 3135297 4659153 0 457214 11818008 13650196 6386504 5840830 0 0 472399 437178 0 0 400477 892083 856030 7750986 7134038 4067022 6516158 103868298 127952768 8146585 7282051 95721713 120670717 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 2390573 2390573 THE FOUNDATION PROVIDED SCHOLARSHIPS TO ELIGIBLE STUDENTS ATTENDING PITTSBURG STATE UNIVERSITY. ELIGIBILITY WAS DETERMINED BY UNIVERSITY FINANCIAL AID DEPARTMENT. 3451507 3450257 THE FOUNDATION PROVIDED FUNDS FOR VARIOUS PURPOSES FOR PITTSBURG STATE UNIVERSITY INCLUDING CLASSROOM INSTRUCTION, FACULTY/PROFESSIONAL DEVELOPMENT, OPERATING EXPENSES, AND CAPITAL PROJECTS. 5842080 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 61 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 41 41 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KATHLEEN M FLANNERY 6202317000 401 EAST FORD PITTSBURG KS 66762 SCOTT BAILEY TRUSTEE 1.00 X 0 0 0 PAULA BAKER TRUSTEE 1.00 X 0 0 0 LYNDA BANWART VICE CHAIRMAN 1.00 X X 0 0 0 MARTHA BEEZLEY TRUSTEE 1.00 X 0 0 0 A BLAKE BENSON TRUSTEE 1.00 X 0 0 0 PAUL BERGANT TRUSTEE 1.00 X 0 0 0 JENNIFER BOREN TRUSTEE 1.00 X 0 0 0 FAY BRADLEY TRUSTEE 1.00 X 0 0 0 MARY JENNIFER BRUNETTI TRUSTEE 1.00 X 0 0 0 H RICHARD COLEMAN TRUSTEE 1.00 X 0 0 0 BETTY CROSSLAND TRUSTEE 1.00 X 0 0 0 REID DAVISON TRUSTEE 1.00 X 0 0 0 JAMES DAWSON TRUSTEE 1.00 X 0 0 0 JOSEPH DELLASEGA TRUSTEE 1.00 X 0 0 0 DONNA DUTCHER TRUSTEE 1.00 X 0 0 0 GORDON ELLIOTT TRUSTEE 1.00 X 0 0 0 MINDI GARNER TRUSTEE 1.00 X 0 0 0 DONNA GEISLER TRUSTEE 1.00 X 0 0 0 ROGER GLADDEN TRUSTEE 1.00 X 0 0 0 DEANN HILL TREASURER 2.00 X X 0 0 0 TROY HILL CHAIRMAN 1.00 X X 0 0 0 JENNINE MARRONE TRUSTEE 1.00 X 0 0 0 DAWN MCNAY TRUSTEE 1.00 X 0 0 0 CHRISTOPHER MEDLEY TRUSTEE 1.00 X 0 0 0 DANIEL MILDFELT TRUSTEE 1.00 X 0 0 0 FRANCES MITCHELSON TRUSTEE 1.00 X 0 0 0 MELISSA PATERNI TRUSTEE 1.00 X 0 0 0 JANET REXWINKLE TRUSTEE 1.00 X 0 0 0 MILES SCHNAER TRUSTEE 1.00 X 0 0 0 RONALD SCRIPSICK TRUSTEE 1.00 X 0 0 0 STEVE SLOAN TRUSTEE 1.00 X 0 0 0 DANIEL SMITH JR TRUSTEE 1.00 X 0 0 0 WALLACE SOUDER TRUSTEE 1.00 X 0 0 0 JAMES STANDEN TRUSTEE 1.00 X 0 0 0 CHERYL SULLIVAN TRUSTEE 1.00 X 0 0 0 LAURA SULLIVAN TRUSTEE 1.00 X 0 0 0 JOYCE TERBOVICH TRUSTEE 1.00 X 0 0 0 HAROLD THOMAS TRUSTEE 1.00 X 0 0 0 THOMAS THOMAS JR TRUSTEE 1.00 X 0 0 0 GARY TREDWAY TRUSTEE 1.00 X 0 0 0 C CHRISTINE WARD TRUSTEE 1.00 X 0 0 0 DONALD WOOLFOLK TRUSTEE 1.00 X 0 0 0 KATHLEEN FLANNERY PRESIDENT 16.00 24.00 X 46317 103684 39440 SHARYL BROGAN DIRECTOR OF ADVANCEMENT SERVICES/CFO 40.00 X 79442 0 30835 125759 103684 70275 0 0 1 0 KANSAS TURF LLC 601 E WYANDOTTE ST MERIDEN KS 66512 FOOTBALL TURF INSTALLATION 238173 FUND EVALUATION GROUP LLC 201 E 5TH ST 1600 CINCINNATI OH 45202 INVESTMENT CONSULTING AND MANAGEMENT FEE 209769 CLARK HUESEMANN LLC 927 1/2 MASSACHUSETTS ST LAWRENCE KS 66044 ARCHITECTURAL FEES 117789 3 8533829 1977900 8533829 2036110 2036110 150602 150602 5938 0 5938 5938 5938 23419686 20794163 2480 2625523 -2480 2623043 2623043 MISCELLANEOUS 900099 300674 300674 300674 13650196 0 0 5116367 3450257 3450257 2390573 2390573 229443 229443 207735 106741 100994 3466 3466 23626 23626 337294 337294 3384 1250 2134 144814 61909 82905 88739 65707 23032 10220 718 9502 59725 39678 20047 16697 13874 2823 ALUMNI ACTIVITIES 109691 109691 PUBLICATIONS 32789 32789 MISCELLANEOUS 15213 9025 6188 PLANNED GIVING 10372 10372 7134038 5842080 891481 400477 1463192 605964 10780853 10479638 56667 60039 2500000 2500000 1953323 905128 1090274 1048195 66390765 93488241 21586547 19770691 103868298 127952768 674279 739588 7259232 6400590 213074 141873 8146585 7282051 X 31785127 20624701 63936586 100046016 95721713 120670717 103868298 127952768 X 6516158 17682175 750671 X 0 1 X 1 0 X 8744504 8232521 11027695 8524424 8533829 45062973 8744504 8232521 11027695 8524424 8533829 45062973 3577591 41485382 1327530 1560013 1546414 2518728 2192650 9145335 1277991 1118390 312712 300674 3009767 57218075 0.72500 0.78400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59972132 17089923 20281446 2459362 337294 94546845 60679673 3384833 -596623 3173914 321837 59972132 55391956 3282031 2976517 630998 339833 60679673 53680186 1354289 3274905 2686767 230657 55391956 49115631 1045735 15137736 11427573 191343 53680186 0.14900 0.63400 0.21700 1 0 62728 62728 1569432 626772 942660 289622 250619 39003 31541 27737 3804 1048195 HEDGE FUNDS 12178343 F PRIVATE EQUITY PARTNERHSIPS 6986832 F REAL ESTATE INVESTMENTS TRUSTS 605516 F 19770691 PRESENT VALUE OF ANNUITIES 125511 ACCRUED INTEREST 16362 141873 X 31745749 17682175 750672 18432847 13312902 337294 337294 13650196 6796744 0 6796744 337294 337294 7134038 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, 2021, 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 1 PITTSBURG STATE UNIVERSITY 1701 S BROADWAY PITTSBURG KS 66762 223981479 GOVERNMENT 2905383 544874 FMV INSTRUCTION UNIVERSITY SUPPORT 1 PSU STUDENT SCHOLARSHIPS 1624 2390573 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 46317 103684 0 0 0 0 3509 9529 7106 19296 56932 132509 0 0 PART I, LINE 3 THE COMPENSATION FOR THE PRESIDENT & CEO IS DETERMINED BY THE TRUSTEES OF PITTSBURG STATE UNIVERSITY USING GUIDELINES ESTABLISHED BY THE KANSAS BOARD OF REGENTS. THE PROCESS INCLUDES THE USE OF: 1. COMPENSATION COMMITTEE 2. FORM 990 OF OTHER ORGANIZATIONS 3. COMPENSATION SURVEY OR STUDY 4. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE X 38545 FMV X 8 157561 FMV X 10 1000546 FMV X 2 152480 FMV X 1 22500 FMV X 2 280000 INDEPENDENT APPRAISAL X EDUCATION EQUIPMENT 13 314013 FMV X EDUCATION MATERIALS 3 6208 FMV X SUPPLIES 3 6047 FMV 0 0 1 1 PART I, COLUMN (B): NONCASH CONTRIBUTIONS ARE REPORTED AS THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 32B: A REALTOR IS USED TO SELL RESIDENTIAL PROPERTIES. A CONSIGNMENT BROKER IS USED TO SELL COLLECTIBLES. 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 & 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 A, LINE 6 ALUMNI OR FRIENDS OF PSU WITH A DEMONSTRATED RECORD OF DEDICATION AND/OR CONTRIBUTIONS TO THE WELL-BEING AND DEVELOPMENT OF THE UNIVERSITY ARE ELIGIBLE TO BECOME MEMBERS OF THE PITTSBURG STATE UNIVERSITY FOUNDATION BOARD OF TRUSTEES. MEMBERS OF THE BOARD OF TRUSTEE SHALL BE ELECTED AT THE LAST REGULAR MEETING OF THE BOARD OF TRUSTEES EACH FISCAL YEAR. TRUSTEE SHALL BE REQUIRED TO MAKE ANNUAL GIFTS TO THE PSU FOUNDATION EQUAL TO OR EXCEEDING A MINIMUM AMOUNT ESTABLISHED EACH YEAR BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES SHALL BE ELECTED AT THE LAST REGULAR MEETING OF THE BOARD OF TRUSTEES EACH FISCAL YEAR BY THE TRUSTEES THEN SERVING WHOSE TERMS HAVE NOT EXPIRED. 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 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. THE POTENTIAL CONFLICTS OF INTEREST ARE MONITORED BY THE PRESIDENT AND CEO OF THE FOUNDATION. 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 750,672. OTHER -1. PITTSBURG STATE UNIVERSITY 1701 SOUTH BROADWAY PITTSBURG KS 66762 486119268 COLLEGE KS 115 N/A 0 0 1 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 1 1