2020-11-16T09:45:16-06:00 2020-06-30 BKD LLP 1901 S Meyers Road Suite 500 Oakbrook Terrace IL 601815209 990 2019-07-01 366086819 NORTHERN ILLINOIS UNIVERSITY FOUNDATION % NIU FOUNDATION CONTROLLER NORT 8157530282 ALTGELD HALL 134 DEKALB IL 60115 CATHERINE B SQUIRES CFRE PRESIDENT AND CEO 8157530282 2020-11-15 true Scott C Termine P00137961 6302829500 2020-11-15 167.68.126.162 15750420203215000001 2020-11-16 P 25CFDF3BCF3E730D456B8307C324A705110D2796 74585A0D43C5A942BD076330935975E2792592B2 2019 2021-01-29 14:40:06Z CATHERINE B SQUIRES CFRE ALTGELD HALL 134 DEKALB IL 60115 42136608 false X WWW.NIUFOUNDATION.ORG X 1949 IL TO SECURE AND MANAGE PRIVATE SUPPORT TO BENEFIT NORTHERN ILLINOIS UNIVERSITY. 22 22 0 24 685372 551423 8702478 6467096 971570 874922 5945773 2362971 405532 627991 16025353 10332980 7637436 6566378 0 0 0 0 0 0 1314021 3942101 4123040 11579537 10689418 4445816 -356438 141798102 134656377 13739263 13220375 128058839 121436002 THE NIU FOUNDATION'S MISSION IS TO ENERGIZE AND CONNECT THE PRIVATE SECTOR WITH THE NIU COMMUNITY TO SECURE AND STEWARD RESOURCES THAT SUPPORT THE FUTURE AND GROWTH OF NIU. false false 2966756 2966756 SCHOLARSHIPS: THE NIU FOUNDATION'S ULTIMATE GOAL IS --- AND ALWAYS HAS BEEN --- TO HELP OUR STUDENTS. NIU DONORS MAKE IT POSSIBLE TO AWARD SCHOLARSHIPS AND SCHOLASTIC AWARDS AT A TIME WHEN OUR STUDENTS NEED OUR HELP MORE THAN EVER. RISING TUITION, DWINDLING STATE SUPPORT, LIMITED JOB OPPORTUNITIES, AND SCARCITY OF LOANS MAKE IT ONE OF THE HARDEST TIMES IN HISTORY TO GET THROUGH SCHOOL. THESE SCHOLARSHIPS NOT ONLY SUPPORT NIU'S TRADITION OF PROVIDING ACCESSIBLE EDUCATIONAL OPPORTUNITIES, THEY ALSO HELP THE UNIVERSITY MAINTAIN ITS COMMITMENT TO ACADEMIC EXCELLENCE BY ATTRACTING MORE HIGHLY QUALIFIED STUDENTS. 4787734 3599622 1194727 PUBLIC SERVICE, RESEARCH, ACADEMIC AND INSTITUTIONAL SUPPORT. CAMPUS LIFE INCLUDES A WIDE ARRAY OF OPPORTUNITIES AND EXPERIENCES. EXAMPLES OF INITIATIVES DONOR GIFTS HELP TO SUPPORT INCLUDE AN AWARD WINNING PUBLIC RADIO STATION, ATHLETICS PROGRAMS, OUR LIBRARIES, A COMMUNITY NURSING CENTER, AND RESEARCH. 7754490 true true false false false false false true false true true true false false true false true false false false true false false false true false false true true true true false false false false false false false false false false true true false false false true false false false true X 136 0 0 true true false false false false true true false false false false false false X 22 22 true false true false false false false true true false false true true true true true true true false false CA IL NY X NIU FOUNDATION CONTROLLER 8157531663 ALTGELD HALL 134 DEKALB IL 60115 X Catherine B Squires President And Ceo 40.0 0.0 X 0 285870 48294 Jean Godlewski Controller/Director Of Finance 40.0 0.0 X 0 130034 30858 Kym Kowalski Controller 40.0 0.0 X 0 112970 36593 Melissa Nigro Secretary 40.0 0.0 X 0 92700 33126 Michael A Cullen Board Chair 2.0 0.0 X 0 0 0 Chris Cole Vice-Chair 2.0 0.0 X 0 0 0 John F Tierney Treasurer 2.0 0.0 X X 0 0 0 William E Taylor Assistant Treasurer 1.0 0.0 X X 0 0 0 Stacey Barsema Director 1.0 0.0 X 0 0 0 William Boston Director 1.0 0.0 X 0 0 0 Brent Brodeski Director 1.0 0.0 X 0 0 0 John Burns Director (Left 3/2020) 1.0 0.0 X 0 0 0 Wheeler Coleman Director 1.0 0.0 X 0 0 0 Carol Y Crenshaw Director 1.0 0.0 X 0 0 0 Cynthia Crocker Director 1.0 0.0 X 0 0 0 John Thomas Futrell Director 1.0 0.0 X 0 0 0 Kenneth Greisman Director 1.0 0.0 X 0 0 0 David Heide Director 1.0 0.0 X 0 0 0 Zachary Kalk Director 1.0 0.0 X 0 0 0 Anthony L Kambich Director 1.0 0.0 X 0 0 0 John Landgraf Director 1.0 0.0 X 0 0 0 Jeffrey Liesendahl Director 1.0 0.0 X 0 0 0 Cherilyn Murer JD CR Director 1.0 0.0 X 0 0 0 Ian Pearson Director 1.0 0.0 X 0 0 0 James B Pick Director 1.0 0.0 X 0 0 0 Manny Sanchez Director 1.0 0.0 X 0 0 0 Jaymie F Simmon Director 1.0 0.0 X 0 0 0 Harlan Teller Director (Left 4/2020) 1.0 0.0 X 0 0 0 0 621574 148871 0 false true false NORTHERN ILLINOIS UNIVERSITY 1515 LINCOLN HIGHWAY DEKALB IL 60115 VARIOUS 743600 NATIONAL PUBLIC RADIO PO BOX 79540 BALTIMORE MD 212790540 PROGRAM AND AFF. FEE 243868 MUCH SHELIST 191 NORTH WACKER DRIVE STE 1800 CHICAGO IL 60606 LEGAL 184031 FUND EVALUATION GROUP LLC PO BOX 639176 CINCINNATI OH 45263 INVESTMENT ADVISORY 121377 ALEXANDER ROSS GROUP LTD 2406 PRAIRIE AVENUE EVANSTON IL 60201 CONSULTING 102511 6 65821 6401275 598546 6467096 UNIVERSITY CONTRACT FEES 900099 743600 743600 QUID PRO QUO ON GIFTS 900099 76322 76322 ASSOCIATION CONTRACT FEES 900099 55000 55000 874922 2318127 685372 1632755 0 0 319805 319805 0 319805 319805 31831710 31786866 44844 44844 44844 71715 65821 16762 54953 54953 0 0 0 0 0 0 OTHER INCOME 900099 253233 253233 253233 10332980 1194727 685372 1985785 X 3599622 3599622 2966756 2966756 0 0 0 0 0 0 0 0 0 191343 191343 42612 42612 0 0 146840 146840 446550 102269 16919 327362 28640 19093 9547 306995 26981 130965 149049 0 0 0 79780 12037 8098 59645 0 240460 85481 36483 118496 16149 16149 0 620072 620072 50969 6924 44045 FOUNDATION SUPPORT FOR SERVICE 1736705 253520 869401 613784 EQUIPMENT REPAIR & MAINTENANCE 108441 5751 69270 33420 OTHER 107484 58928 45838 2718 10689418 7754490 1620907 1314021 2699932 5448474 0 0 2875933 2664578 0 0 0 0 0 0 0 0 0 0 134391 106338 28609780 6018834 23152937 22590946 84775322 77695078 28139604 26130901 0 0 0 0 19983 20062 141798102 134656377 516139 660711 0 0 0 102314 758540 441300 0 0 0 0 0 0 0 0 12464584 12016050 13739263 13220375 X 33194792 32191105 94864047 89244897 128058839 121436002 141798102 134656377 -356438 -6266399 X false true X true false X 11485379 9548583 9860686 8702478 6467096 46064222 0 0 11485379 9548583 9860686 8702478 6467096 46064222 0 46064222 2489809 1921071 2503884 2928583 1632755 11476102 283475 685372 968847 0 58509171 5740370 0.78730 0.79564 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4750 146802 X false 75625792 1485221 -3574175 2680886 1089537 69766415 74397979 1923887 2868776 2459421 1105429 75625792 74833159 2207847 5633271 7186563 1089735 74397979 66928836 2333600 9219723 2609287 1039713 74833159 71149470 2272220 -3091012 2405822 996020 66928836 0.02200 0.94500 0.03300 false false 3861333 3861333 24655906 5932234 18723672 92541 86600 5941 0 0 22590946 LIMITED PARTNERSHIPS 26130901 F 26130901 0 DUE TO NIU 851574 CONTRACTUAL PAYMENTS 623564 NIU ENDOWMENTS 8084227 NIUAA ENDOWMENTS 2456685 12016050 4086591 -6266399 166850 -6099549 10186140 146840 146840 10332980 10709428 166850 166850 10542578 146840 146840 10689418 SCHEDULE D, PART III, LINE 4 COLLECTIONS INCLUDE A ONE ROOM SCHOOL MUSEUM TO PROVIDE CULTURE AT THE UNIVERSITY. SCHEDULE D, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO SUPPORT NORTHERN ILLINOIS UNIVERSITY AND ITS MISSION TO ADVANCE EXCELLENCE AND TRANSFORM LIVES. ASC 740 Footnote 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. CENTRAL AMERICA AND THE CARIBBEAN PASSIVE INVESTMENTS N/A 13856595 13856595 13856595 true false true true true false VICTOR E BALL 137536 65821 71715 8626 8136 0 137536 65821 71715 8626 8136 16762 54953 true NORTHERN ILLINOIS UNIVERSITY 1515 W LINCOLN HIGHWAY DEKALB IL 60115 366008480 PUBLIC UNIV. 3257842 341780 BOOK EQUIPMENT UNIVERSITY PROGRAM 1 SCHOLARSHIPS, FELLOWSHIPS & AWARDS 1690 2966756 FMV SCHEDULE I, PART I, LINE 2 RECORDS ARE MAINTAINED THROUGH ACCOUNTING SYSTEM SHARED WITH THE RECIPIENT, NORTHERN ILLINOIS UNIVERSITY. false false false false false false false false false Catherine B Squires President And Ceo 285870 21905 26389 334164 Jean Godlewski Controller/Director Of Finance 130034 16984 13874 160892 SCHEDULE J, PART I, LINE 3 THE NIU FOUNDATION'S BOARD OF DIRECTORS ARE NOT COMPENSATED. NIU FOUNDATION ASSIGNED EMPLOYEES ARE NOT PAID DIRECTLY BY THE NIU FOUNDATION. THE NIU FOUNDATION ASSIGNED EMPLOYEES ARE PAID BY NORTHERN ILLINOIS UNIVERSITY AND THE NIU FOUNDATION PAYS THE UNIVERSITY A CONTRACT FEE FOR THE SERVICES PERFORMED BY THE EMPLOYEES. NIU MAINTAINS A REGULAR COMPENSATION PROCESS FOR THE PRESIDENT AND KEY EMPLOYEES WHICH INCLUDES THE USE OF COMPARABLE DATA. NIU FOUNDATION HAS A COMPENSATION COMMITTEE THAT PERIODICALLY REVIEWS COMPENSATION FOR THE PRESIDENT/CEO AND KEY EMPLOYEES WHICH INCLUDES THE USE OF COMPARABLE DATA. A ILLINOIS FINANCING AUTHORITY 861091967 000000000 2013-02-01 6100000 SEE PART VI false false false A 5658700 0 6100000 0 0 0 122000 0 0 5978000 0 0 2013 false false true true A false false false false false 0 false A false false false false false false 0 0 false false A true SCHEDULE K, PART I, COLUMN(F) CONSTRUCTION OF THE KENNETH AND ELLEN CHESSICK PRACTICE CENTER AT NORTHERN ILLINOIS UNIVERSITY. X 2 4750 FMV X 76534 FMV X 30 476866 FMV X EQUIPMENT 8 136532 FMV X MISCELLANEOUS 21 40396 FMV false true false FORM 990, PART IV, LINE 34 Northern Illinois University (NIU) and Northern Illinois University Alumni Association (NIUAA) are not classified as related organizations according to the Form 990 Glossary and Instructions. NIU Foundation (Foundation) recognizes there is a significant relationship between the Foundation and NIU and NIUAA. In transparency, the Foundation reports the following: Stacey Barsema, NIU Foundation Board member, is spouse of Dennis Barsema, Chairman of the Board of Trustees of NIU. Wheeler Coleman, NIU Foundation Board member is the immediate past Chairman of the Board of Trustees of NIU. Cherilyn Murer, NIU Foundation Board member is a former Chairman of the Board of Trustees of NIU. FORM 990, PART V, LINE 2a The foundation did not compensate the individuals listed in Part VII. NIU, an organization that does not meet the related organization requirements of the Form 990 instructions, pays the individuals and issues their W-2s. Form 990, Part VI, Section A, Line 2 Cynthia Crocker and Jeffrey Liesendahl personally use the services of Savant Capital, for which Board Member Brent Brodeski serves as the CEO. Form 990, Part VI, Section A, Line 4 Bylaws were amended during the fiscal year. The significant change was: The Advisory Board advising the Board of Directors regarding The Foundation's and the Northern Illinois University's interests, including without limitation with respect to engaging Northern Illinois University alumni and building long-term relationships between Northern Illinois University and its alumni and friends, creating alumni-to-alumni connections, promoting the value of a Northern Illinois University degree by communicating the message of the excellence of the Northern Illinois University, promoting alumni career success, and providing experiences that advocate for, promote and strengthen the Northern Illinois University community. For the avoidance of doubt, except as specifically authorized by the Board of Directors in writing, neither the Advisory Board nor its individual members shall be authorized to bind The Foundation in any way. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD HAS ADOPTED THE PRACTICE THAT THE AUDIT COMMITTEE, THE PRESIDENT/CEO, DIRECTOR OF FINANCE AND STRATEGIC PRIORITIES AND CONTROLLER REVIEW THE FORM 990. THE BOARD MEMBERS ARE THEN PROVIDED A COPY OF THE FORM 990 BEFORE IT IS FILED. IT IS REVIEWED AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, BOARD MEMBERS AND KEY EMPLOYEES ARE GIVEN A COPY THE CONFLICT OF INTEREST POLICY. THEY ARE ALSO REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE REPORT. THE AUDIT COMMITTEE REVIEWS THE CONFLICT OF INTEREST REPORTS ANNUALLY. POTENTIAL CONFLICTS ARE SHARED WITH THE BOARD CHAIR AND ALL COMMITTEE CHAIR MEMBERS RECUSE THEMSELVES FROM DISCUSSIONS AND VOTES ON RELATED MATTERS. At the beginning of each Board meeting the Board Chair calls for any conflicts on agenda items to be disclosed. Potential conflicts are shared and that Board member recuses themselves from discussions and votes on related matters. FORM 990, PART VI, SECTION B, LINE 15A The NIU foundation's board of directors are not compensated. NIU foundation assigned employees are not paid directly by the NIU foundation. The NIU foundation assigned employees are paid by northern Illinois university and the NIU foundation pays the university. NIU maintains a regular compensation process for the president which includes the use of comparable data. A subset of the Executive Committee utilizes NIU compensation parameters as a guide to complete a joint performance evaluation of the CEO annually. The Committee reviews compensation policies and practices, and benchmarks CEO compensation packages, as needed. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, LINE 1A THE FOUNDATION AND UNIVERSITY DO NOT MEET THE DEFINITION OF RELATED ORGANIZATIONS AS DEFINED IN THE INSTRUCTIONS TO THE FORM 990. THE UNIVERSITY PAYS THE INDIVIDUALS LISTED IN PART VII. DUE TO THE SIGNIFICANCE OF THE RELATIONSHIP, THE FOUNDATION CHOOSES TO REPORT THE RELATIONSHIP. FORM 990, PART IX, LINES 5 and 7 The foundation did not compensate individuals. NIU, an organization that does not meet the related organization requirements of the Form 990 instructions, pays the individuals. Because of this, the salaries of the individuals are shown as other fees for services. NORTHERN ILLINOIS UNIVERSITY 1515 W LINCOLN HIGHWAY DEKALB IL 60015 366008480 PUBLIC UNI. IL NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSN ALTGELD HALL ROOM 134 DEKALB IL 60115 237013258 SEE PART VII IL 501(C)(3) 7 false false false false false false false false false true false true false true true false false true false SCHEDULE R, PART II THE Association AND UNIVERSITY DO NOT MEET THE DEFINITION OF RELATED ORGANIZATIONS AS DEFINED IN THE INSTRUCTIONS TO THE FORM 990. THE UNIVERSITY PAYS THE INDIVIDUALS LISTED IN FORM 990 PART VII AND THEREFORE THE Foundation HAS LISTED THE UNIVERSITY AS A RELATED ORGANIZATION FOR PURPOSES OF REPORTING THIS COMPENSATION. SCHEDULE R, PART II, COLUMN B EDUCATIONAL, RELATIONSHIP BUILDING, AND CHARITABLE ASSOCIATION