2021-05-14T16:48:39-05:00 2020-06-30 431109768 KPM CPAS PC 1445 E REPUBLIC RD SPRINGFIELD MO 65804 990 2019-07-01 486104332 PITTSBURG STATE UNIVERSITY FOUNDATION INC PITT 6202317000 401 EAST FORD PITTSBURG KS 66762 KATHLEEN M FLANNERY PRESIDENT AND CEO 6202317000 2021-05-14 true ANDY MARMOUGET CPA P01780237 4178824300 2021-05-14 2019 2022-09-23 18:48:47Z KATHLEEN M FLANNERY 401 EAST FORD PITTSBURG KS 66762 27880151 false X GIVETO.PITTSTATE.EDU X 1985 KS 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 FUNCTIONS, AND TO DEVELOP AND MAINTAIN RELATIONSHIPS THROUGHOUT THE UNIVERSITY'S BROAD RANGE OF CONSTITUENCIES. 46 46 0 46 0 11027695 8524424 312712 158287 3792836 3135297 0 15133243 11818008 9685724 6386504 0 441006 472399 0 470079 626306 892083 10753036 7750986 4380207 4067022 101286674 100287952 9490680 8146585 91795994 92141367 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 FUNCTIONS, AND TO DEVELOP AND MAINTAIN RELATIONSHIPS THROUGHOUT THE UNIVERSITY'S BROAD RANGE OF CONSTITUENCIES. false false 2455558 2455558 THE FOUNDATION PROVIDED SCHOLARSHIPS TO ELIGIBLE STUDENTS ATTENDING PITTSBURG STATE UNIVERSITY. ELIGIBILITY WAS DETERMINED BY UNIVERSITY FINANCIAL AID DEPARTMENT. 3930946 3930946 933143 THE FOUNDATION PROVIDED FUNDS FOR VARIOUS PURPOSES FOR PITTSBURG STATE UNIVERSITY INCLUDING CLASSROOM INSTRUCTION, FACULTY/PROFESSIONAL DEVELOPMENT, OPERATING EXPENSES, AND CAPITAL PROJECTS. 5000 SMALLER PROGRAMS CREATED FOR THE BENEFIT OF THE UNIVERSITY. 5000 6391504 true true false false false false false false false true true true false false true true true false false false false false false false false false false true true true false false false false false true false false true false false false false true false true false true X 80 0 true 0 false false false false false true true false false false true false false false X 46 46 true false false false true true false true true false false true true true true true true true true false KS X X KATHLEEN M FLANNERY 6202317000 401 EAST FORD PITTSBURG KS 66762 KATHLEEN M FLANNERY PRESIDENT AN 16.00 24.00 X 44819 104577 34151 TROY E HILL CHAIRMAN 1.00 X X 0 0 0 LYNDA D BANWART VICE CHAIRMA 1.00 X X 0 0 0 VICKI S DENNETT TREASURER 1.00 X X 0 0 0 PAULA F BAKER TRUSTEE 1.00 X 0 0 0 MARTHA E BEEZLEY TRUSTEE 1.00 X 0 0 0 SARA BEEZLEY KELLER TRUSTEE 1.00 X 0 0 0 A BLAKE BENSON TRUSTEE 1.00 X 0 0 0 PAUL R BERGANT TRUSTEE 1.00 X 0 0 0 JENNIFER A 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 L CROSSLAND TRUSTEE 1.00 X 0 0 0 REID E DAVISON TRUSTEE 1.00 X 0 0 0 JAMES S DAWSON TRUSTEE 1.00 X 0 0 0 JOSEPH A DELLASEGA TRUSTEE 1.00 X 0 0 0 DONNA L DUTCHER TRUSTEE 1.00 X 0 0 0 GORDON W ELLIOTT TRUSTEE 1.00 X 0 0 0 MINDI S GARNER TRUSTEE 1.00 X 0 0 0 DONNA J GEISLER TRUSTEE 1.00 X 0 0 0 ROGER D GLADDEN TRUSTEE 1.00 X 0 0 0 ERIC T GROOMS TRUSTEE 1.00 X 0 0 0 DEANN M HILL TRUSTEE 1.00 X 0 0 0 CHARLES L HOSMAN TRUSTEE 1.00 X 0 0 0 JENNINE MARRONE TRUSTEE 1.00 X 0 0 0 DAWN MCNAY TRUSTEE 1.00 X 0 0 0 CHRISTOPHER D MEDLEY TRUSTEE 1.00 X 0 0 0 DANIEL L MILDFELT TRUSTEE 1.00 X 0 0 0 FRANCES D MITCHELSON TRUSTEE 1.00 X 0 0 0 MELISSA A PATERNI TRUSTEE 1.00 X 0 0 0 JANET K REXWINKLE TRUSTEE 1.00 X 0 0 0 MILES E SCHNAER TRUSTEE 1.00 X 0 0 0 RONALD SCRIPSICK TRUSTEE 1.00 X 0 0 0 STEVE W SLOAN TRUSTEE 1.00 X 0 0 0 DANIEL C SMITH JR TRUSTEE 1.00 X 0 0 0 WALLACE W SOUDER TRUSTEE 1.00 X 0 0 0 JAMES D STANDEN TRUSTEE 1.00 X 0 0 0 CHERYL L SULLIVAN TRUSTEE 1.00 X 0 0 0 LAURA E SULLIVAN TRUSTEE 1.00 X 0 0 0 GUY E SUTHERLAND TRUSTEE 1.00 X 0 0 0 JOYCE A TERBOVICH TRUSTEE 1.00 X 0 0 0 HAROLD L THOMAS TRUSTEE 1.00 X 0 0 0 THOMAS E THOMAS JR TRUSTEE 1.00 X 0 0 0 GARY E TREDWAY TRUSTEE 1.00 X 0 0 0 C CHRISTINE WARD TRUSTEE 1.00 X 0 0 0 TALAAT E YAGHMOUR TRUSTEE 1.00 X 0 0 0 44819 104577 34151 false true false DAKTRONICS INC 201 DAKTRONICS DR BROOKINGS SD 57006 EQUIPMENT 679900 CROSSLAND CONSTRUCTION COMPANY INC 833 S EAST AVE COLUMBUS KS 66725 CONSTRUCTION 443167 BLOCK 22 LLC 305 W COMMERCIAL ST SPRINGFIELD MO 65803 CONSTRUCTION 350000 WASHINGTON SPEAKERS BUREAU 1663 PRINCE ST ALEXANDRIA VA 22314 PUBLIC SPEAKERS 305491 FUND EVALUATION GROUP LLC 201 E 5TH ST 1600 CINCINNATI OH 45202 INVST. CONSULT 180856 5 8524424 973419 8524424 MISCELLANEOUS INCOME 900099 151617 151617 RENTAL INCOME 900002 6670 6670 158287 2360441 2360441 16836999 16062143 774856 774856 774856 11818008 933143 2360441 3930946 3930946 2455558 2455558 53764 53764 418635 280901 137734 24473 24473 321837 321837 14438 5000 9438 35348 4091 31257 47902 30084 17818 19111 6091 13020 59171 39560 19611 13626 10799 2827 GENERAL OPERATING 199033 90574 108459 ALUMNI ACTIVITIES 117902 117902 EQUIPMENT AND REPAIRS 39242 27229 12013 7750986 6391504 889403 470079 1514622 1463193 12044564 10780853 2544111 2556667 1958819 868546 1141981 1090273 44100946 47957340 39796626 36439626 143824 101286674 100287952 1561083 674279 7695161 7259232 234436 213074 9490680 8146585 X 27013907 28204781 64782087 63936586 91795994 92141367 101286674 100287952 4067022 -3721649 X false true X true false X 7923213 8744504 8232521 11027695 8524424 44452357 7923213 8744504 8232521 11027695 8524424 44452357 2977471 41474886 1654710 1327530 1560013 1546414 2360441 8449108 52901465 1589389 0.78400 0.85180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60679673 3384833 -596623 3173914 321837 59972132 55391956 3282031 2976517 630998 339833 60679673 53680186 1354289 3274905 2686767 230657 55391956 49115631 1045735 15137736 11427573 191343 53680186 50102148 950130 -645973 1152386 138288 49115631 0.89480 0.10520 true false 62728 62728 1569432 583449 985983 295118 258323 36795 31541 26774 4767 1090273 FIXED INCOME 18453079 F HEDGE FUNDS 13442923 F PRIVATE EQUITY PARTNERSHIPS 4299419 F REAL ESTATE TRUSTS 244205 F 36439626 PRESENT VALUE OF ANNUITIES 195187 ACCRUED INTEREST 17887 213074 X 7768503 -3721649 130951 -136970 -3727668 11496171 321837 321837 11818008 7560100 130951 130951 7429149 321837 321837 7750986 SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENTS CAN BE USED TO SUPPORT SCHOLARSHIPS, CLASSROOM INSTRUCTION, FACULTY/STAFF DEVELOPMENT, CAPITAL CONSTRUCTION, OR ANY OTHER ACTIVITY OF THE UNIVERSITY IN CONDUCTING THE MISSION OF THE UNIVERSITY. SCHEDULE D, PAGE 3, PART X PITTSBURG STATE UNIVERSITY FOUNDATION, INC. IS A NOT-FOR PROFIT ORGANIZATION THAT IS TAX EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION COMPLIES WITH THE PROVISION OF FASB ASC 740-10-25. 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 IMPLEMENTATION FOR THIS STANDARD HAD NO IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED JUNE 30, 2020, THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. THE FOUNDATION'S FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAXES, FOR THE YEARS ENDING 2019, 2018 AND 2017, ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY THREE YEARS AFTER THEY WERE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 2D NET DECREASE IN BENEFICIAL INTEREST -136,970 true PITTSBURG STATE UNIVERSITY 1701 S BROADWAY PITTSBURG KS 66762 223981479 GOV 3639929 291017 FMV INSTRUCTION SUP UNIVERSITY SUPPORT 1 PSU STUDENT SCHOLARSHIPS 1693 2455558 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION PROVIDES ASSISTANCE TO PITTSBURG STATE UNIVERSITY FOR VARIOUS PUPOSES 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. ELIGIBILITY WAS DETERMINED BY THE UNIVERSITY FINANCIAL AID DEPARTMENT BY FOLLOWING SCHOLARSHIP STIPULATIONS ESTABLISHED BY DONORS. X X X X false false false false false false false false false KATHLEEN M FLANNERY PRESIDENT AND CEO 44819 104577 3849 8981 6396 14925 55064 128483 BETTY CROSSLAND BOARD MEMBER 443167 CONSTRUCTION false ERIC GROOMS BOARD MEMBER 6702142 NOTE PAYABLE false DAN MILDFELT BOARD MEMBER 6702142 NOTE PAYABLE false SCHEDULE L, PART V THE ORGANIZATION HAS A BANK NOTE WITH COMMUNITY NATIONAL BANK. DAN MILDFELT, A BOARD MEMBER, IS THE PRESIDENT AND CEO OF COMMUNITY NATIONAL BANK. ERIC GROOMS, A BOARD MEMBER, IS PRESIDENT OF THE AUGUSTA BRANCH OF COMMUNITY NATIONAL BANK. THE ORGANIZATION HIRED CROSSLAND CONSTRUCTION FOR COMPLETION OF THE REHEARSAL HALL IN BICKNELL FAMILY CENTER FOR THE ARTS AND THE RENOVATION OF THE MCPHERSON LECTURE HALL. IVAN CROSSLAND, JR IS CEO OF CROSSLAND CONSTRUCTION AND HIS WIFE BETTY CROSSLAND IS A TRUSTEE AND A MEMBER OF THE DEVELOPMENT COMMITTEE. X 9 122263 FAIR MARKET VALUE X 24 682402 NYSE X 3 6156 FAIR MARKET VALUE X EDUCATION EQUIP 8 101456 FAIR MARKET VALUE X SUPPLIES 11 61142 FAIR MARKET VALUE false true false SCHEDULE M, PAGE 2, PART II PART I COL(B): NONCASH CONTRIBUTIONS ARE REPORTED AS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990 - ORGANIZATION'S MISSION 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 FUNCTIONS, AND TO DEVELOP AND MAINTAIN RELATIONSHIPS THROUGHOUT THE UNIVERSITY'S BROAD RANGE OF CONSTITUENCIES. FORM 990, PAGE 2, PART III, LINE 4D SMALLER PROGRAMS CREATED FOR THE BENEFIT OF THE UNIVERSITY. 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. ORGANIZATION REIMBURSES PITTSBURG STATE UNIVERSITY FOR EMPLOYEE WAGES, PAYROLL TAXES AND BENEFITS. FORM 990, PAGE 6, PART VI, LINE 2 MARTHA BEEZLEY SARA BEEZLEY KELLER TRUSTEE TRUSTEE FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, 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, PAGE 6, PART VI, 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, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 15A 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. FORM 990, PAGE 6, PART VI, LINE 15B 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, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND TAX FILINGS ARE MADE AVAILABLE UPON REQUEST. PITTSBURG STATE UNIVERSITY 1701 SOUTH BROADWAY PITTSBURG KS 66762 486119268 COLLEGE KS 115 5 NA false false true false false false false false false false true false true false true true false false false false PITTSBURG STATE UNIVERSITY B 3930946 CASH/FMV PITTSBURG STATE UNIVERSITY L 8655375 CASH/FMV PITTSBURG STATE UNIVERSITY O 472399 COST