2018-08-20T11:33:02-05:00 2017-12-31 300038643 VARNEY & ASSOCIATES CPAS LLC 120 NORTH JULIETTE MANHATTAN KS 665026092 990 2017-01-01 480623884 KANSAS 4-H FOUNDATION INC KANS 7855325881 116 UMBERGER HALL KSU MANHATTAN KS 665063417 JAKE WORCESTER PRESIDENT 7855325881 2018-08-08 1 ERIC A KIENTZ P01526012 7855372202 2017 2022-09-23 18:48:47Z JAKE WORCESTER 116 UMBERGER HALL KSU MANHATTAN KS 665063417 4171222 0 X WWW.KANSAS4HFOUNDATION.ORG X 1952 KS TO MEET THE NEEDS AND ADVANCE THE INTERESTS OF 4-H CLUB AND OLDER YOUTH WORK OF THE AGRICULTURAL EXTENSION SERVICE THROUGHOUT THE STATE OF KANSAS. 21 21 144 150 0 0 2328891 1792514 2534604 1893789 255518 166327 188818 254794 5307831 4107424 1099269 0 0 0 1867365 2105187 0 0 469223 2159734 3669055 5126368 5774242 181463 -1666818 24481953 25304987 2230912 3481455 22251041 21823532 X THE KANSAS 4-H FOUNDATION DEVELOPS FINANCIAL SUPPORT FROM THE PRIVATE SECTOR AND PROVIDES MANAGEMENT AND SPECIAL SERVICES TO PROMOTE AND ENHANCE THE KANSAS 4-H PROGRAM. 0 0 3494952 0 1798671 YEAR ROUND CONFERENCE FACILITY THAT IS OPERATED FOR KANSAS 4-H MEMBERS, CHURCH GROUPS, OTHER YOUTH ORGANIZATIONS AND PROFESSIONAL GROUPS. 1160796 0 13472 THE FOUNDATION PROVIDES AWARDS AND SCHOLARSHIPS FOR SPECIAL PROJECTS, PROGRAMS, EVENTS, AND SCHOLARSHIPS. 99361 0 57500 THE FOUNDATION OPERATES AND MAINTAINS A COOPERATIVE LIVING HOUSE UNIT AT KANSAS STATE UNIVERSITY, CREATED PRIMARILY FOR FORMER 4-H WOMEN, BUT AVAILABLE TO ALL WOMEN WHO SUBSCRIBE TO THE IDEALS PROMOTED BY THE CLOVIA ORGANIZATION. 28133 0 26390 THE FOUNDATION OPERATES VARIOUS OTHER PROGRAMS WHICH ARE SUPPORTIVE TO THE PRIMARY SERVICE ACTIVITES. 28133 0 26390 4783242 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 144 1 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 KS X SANDY STEVENSON 7855325881 116 UMBERGER HALL KSU MANHATTAN KS 66506 JOE STOUT CHAIR 1.00 X X 0 0 0 MOLLY MCVICKER VICE CHAIR 1.00 X X 0 0 0 BRENDA POMEROY AUSTENFELD SECRETARY 1.00 X X 0 0 0 WARREN WEIBERT TREASURER 1.00 X X 0 0 0 STEVE BACCUS BOARD MEMBER 1.00 X 0 0 0 JIM BASSETT BOARD MEMBER 1.00 X 0 0 0 LEE BORCK BOARD MEMBER 1.00 X 0 0 0 KENT R BRADLEY BOARD MEMBER 1.00 X 0 0 0 TERESA L CLOUNCH BOARD MEMBER 1.00 X 0 0 0 JAMES L GORDON BOARD MEMBER 1.00 X 0 0 0 CAROLYN HARMS BOARD MEMBER 1.00 X 0 0 0 NORMA DECKER HOAGLAND BOARD MEMBER 1.00 X 0 0 0 DOUG HOFBAUER BOARD MEMBER 1.00 X 0 0 0 CONNIE PELTON KAYS BOARD MEMBER 1.00 X 0 0 0 BILL KELLER BOARD MEMBER 1.00 X 0 0 0 ROGER MCCLELLAN BOARD MEMBER 1.00 X 0 0 0 JOHN MONTGOMERY BOARD MEMBER 1.00 X 0 0 0 BARBARA MORRIS BOARD MEMBER 1.00 X 0 0 0 BILL NEW BOARD MEMBER 1.00 X 0 0 0 SHELLY PRICHARD BOARD MEMBER 1.00 X 0 0 0 RAY PURDY BOARD MEMBER 1.00 X 0 0 0 JAKE WORCESTER PRESIDENT / CEO 40.00 X 132540 0 11556 SANDY STEVENSON FINANCIAL OFFICER 40.00 X 62731 0 3874 195271 0 15430 1 0 0 0 STANION WHOLESALE ELECTRIC COMPANY 1600 FAIR LANE MANHATTAN KS 66502 BUILDING CONTRACTOR 475910 SYSCO 1915 KANSAS CITY ROAD OLATHE KS 66061 FOOD SERVICES 250777 WESTAR ENERGY PO BOX 758500 TOPEKA KS 66675 ELECTRIC UTILITY 121881 3 1792514 8450 1792514 ROCK SPRINGS CENTER 713990 1796427 1796427 CLOVIA HOUSE 713990 57500 57500 OTHER PROGRAM SERVICES 713990 39862 39862 1893789 170763 170763 252550 252550 4436 -4436 -4436 -4436 61606 59362 2244 2244 4107424 1896033 0 418877 X 195272 131963 30197 33112 1544327 1043645 238813 261869 62643 38794 14263 9586 172469 126136 15682 30651 130476 88350 19560 22566 3646 195 3451 20281 20281 162358 77888 51071 33399 86574 19336 25465 41773 53090 30577 9481 13032 16752 16752 440775 387998 36546 16231 21960 7180 11163 3617 20441 833 18515 1093 39999 39999 958620 944404 14216 161253 151968 9276 9 PAYMENTS PROCESSED ON B 1244526 1244526 PROGRAM SUPPLIES AND EQ 438780 432698 3797 2285 5774242 4783242 521777 469223 1182885 84613 212257 164736 112750 25811 14194 46637 41328 78176 67354 21347580 10022378 11505001 11325202 11585349 568852 1715701 10909855 146239 24481953 25304987 241154 321628 1759767 1400000 1400060 589758 0 2230912 3481455 X 14127294 16118697 4428155 2033243 3695592 3671592 22251041 21823532 24481953 25304987 X -1666818 2180849 -990745 49205 X X 0 1 X 1 0 X 3449863 2122346 1441166 2314798 1792514 11120687 2400 2400 20552 20552 20552 66456 3452263 2124746 1461718 2335350 1813066 11187143 4257631 6929512 211261 1447764 940135 472643 423313 3495116 129600 8563 26627 2210 167000 14849259 12408099 0.46670 0.75850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 1 X 5592968 1266079 92849 1247061 5704835 4727029 2343594 117515 1595170 5592968 0.00000 0.65630 0.34370 0 0 447000 447000 18949292 8694787 10254505 1854109 1327591 526518 97179 97179 11325202 INVESTMENTS-OTH SECS(DETAIL)-990 1715701 F 1715701 X 6337478 2180849 49205 2230054 4107424 0 4107424 5774242 0 5774242 0 5774242 PART III, LINE 1A: THE FOUNDATION MAINTAINS A COLLECTION OF ART OBJECTS (THE COLLECTION) WHICH ARE NOT CAPITALIZED AND PRESENTED AS AN ASSET ON THE STATEMENTS OF FINANCIAL POSITION DUE TO THE SIGNIFICANCE OF THE COLLECTION TO THE FOUNDATION'S PURPOSE AND POSITION THAT THESE ITEMS BE MAINTAINED IN PERPETUITY. THE COLLECTION IS MAINTAINED AT THE ROCK SPRINGS 4-H CENTER AND CONTAINS 19 PIECES OF ART THAT HAVE BEEN DONATED OR BEQUETHED. PART III, LINE 4: THE FOUNDATION MAINTAINS A COLLECTION OF 19 ART OBJECTS AT THE ROCK SPRINGS 4-H CENTER THAT HAVE BEEN DONATED OR BEQUETHED AND ARE AVAILABLE FOR VIEWING. PART IV, LINE 2B: THE FOUNDATION MAINTAINS TWO TYPES OF CUSTODIAL LIABILITIES. FIRST, THE FOUNDATION HOLDS AND MANAGES CERTAIN OPERATING FUNDS ON BEHALF OF K-STATE EXTENSION, WHICH IS AN ORGANIZATION WHOSE PURPOSE IS CLOSELY AFFILIATED WITH THE FOUNDATION'S. SECOND, THE FOUNDATION HOLDS AND MANAGES ENDOWMENT FUNDS ON BEHALF OF COUNTY 4-H PROGRAMS IN KANSAS. PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A KANSAS NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE IRS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). FURTHER, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTIONS 170(B)(1)(A)(VI) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER IRC SECTIONS 509(A)(1). THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016, THE FOUNDATION HAS DETERMINED THAT IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. RETURNS FILED BY THE FOUNDATION ARE SUBJECT TO IRS EXAMINATION, GENERALLY FOR THREE YEARS AFTER EACH RETURN IS FILED. NO TAXING AUTHORITIES HAVE COMMENCED INCOME TAX EXAMINATIONS FOR OPEN TAX YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUATION OF LIABILITY FOR GIFT ANNUITIES 49,205. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF IRS FORM 990 IS PREPARED AND GIVEN TO THE AUDIT COMMITTEE TO REVIEW. UPON APPROVAL OF THE DRAFT, IRS FORM 990 IS E-FILED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION AND RETIREMENT COMMITTEE (COMPRISED OF BOARD MEMBERS) REVIEWS COMPENSATION OF ALL EMPLOYEES AND MAKES RECOMMENDATIONS TO THE FULL BOARD WHO VOTES ON CHANGES TO COMPENSATION AND RETIREMENT. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 AND 1023 ARE AVAILABLE UPON REQUEST AT THE MAIN OFFICES OF THE KANSAS 4-H FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICES UPON REQUEST FORM 990, PART IX, LINES 1 AND 2: THE FOUNDATION PROCESSED TOTAL GRANTS AND SCHOLARSHIPS OF $1,157,147 FOR 2017. THIS AMOUNT IN INCLUSIVE OF BOTH FOUNDATION ACTIVITY AND CUSTODIAL FUND ACTIVITY. BECAUSE THIS AMOUNT INCLUDES CUSTODIAL FUND ACTIVITY AND (2) THE CUSTODIAL FUND ACTIVITY IS NOT ABLE TO BE DISTINGUISED FROM THE FOUNDATION'S ACTIVITIES, THE FOUNDATION HAS NOT INCLUDED AN AMOUNT ON LINES 1 AND 2 OF THE STATEMENT OF FUNCTIONAL EXPENSE. MANAGEMENT OF THE FOUNDATION HAS IMPLEMENTED STRUCTURAL AND PROCEDURAL CHANGES TO CORRECT THIS MATTER DURING 2018. THIS MATTER ALSO AFFECTS THE REPORTED INFORMATION ON SCHEDULE I (GRANT EXPENSES) AND D (ENDOWMENT GRANT REPORTING). FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ANNUITY LIABILITY 49,205. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED IN THE CURRENT YEAR