2017-04-11T09:26:35-05:00 2016-06-30 BKD LLP 190 E Capitol Street Ste 500 Jackson MS 392012190 990 2015-07-01 640410581 Mississippi State University Foundation % DAVID D EASLEY CFO MISS 6623257000 PO Drawer 6149 Mississippi State MS 39762 DAVID D EASLEY CFO 6623257000 2017-03-15 true Mary F Overstreet CPA P01270094 6019486700 2017-03-15 2015 2021-01-29 14:40:06Z David Easley PO Drawer 6149 Mississippi State MS 39762 51762046 false X www.msufoundation.com X 1962 MS Mississippi State University Foundation, Inc. is a non-profit organization that assists Mississippi State University in accomplishing its goals(see Schedule O for continuation) 42 42 78 42 -1678290 -1678290 37021064 44446603 0 0 18003406 3209513 4187163 4105930 59211633 51762046 28996784 38251475 0 0 1597661 1569502 0 0 3919064 8528534 8861021 39122979 48681998 20088654 3080048 469834265 471149018 13935072 12130463 455899193 459018555 THE MISSISSIPPI STATE UNIVERSITY FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION THAT ASSISTS MISSISSIPPI STATE UNIVERSITY IN ACCOMPLISHING ITS GOALS AND MISSION BY CULTIVATING AND SOLICITING PRIVATE SUPPORT AND ENSURING STEWARDSHIP FOR ALL CONTRIBUTIONS BENEFITTING MISSISSIPPI STATE UNIVERSITY. false false 36763705 36763705 Grants to Mississippi State University. This includes amounts paid to Mississippi State University for scholarships and other requests such as research, teaching needs and other departmental requests. 586900 586900 Grants to MSU Alumni Association. This includes amounts paid to the Alumni Association to supplement their program in servicing the alumni of Mississippi State University. 900870 900870 Grants to Bulldog Club. This includes amounts paid to the Bulldog Club primarily for athletic needs. 38251475 true true false true false false false false false true true true false false true true false true false false false false false false false false false true false true false false false false false false false false true false false false false true true true false false true 342 0 78 true true true false false false false true true false false false true false X 42 42 true false false false false false false true true false false true true true true true true true false false X DAVID D EASLEY CFO 6623257000 ONE HUNTER HENRY BLVD Mississippi State MS 39762 Richard C Adkerson Past-President 1.0 0.0 X 0 0 0 James J Rouse Past-President 1.0 0.0 X 0 0 0 LF Mallory Jr Past-President 1.0 0.0 X 0 0 0 CW Ritter Jr Past-President 1.0 0.0 X 0 0 0 Albert C Clark Past-President 1.0 0.0 X 0 0 0 Bobby P Martin Past-President 1.0 0.0 X 0 0 0 Bryce Griffis Past-President 1.0 0.0 X 0 0 0 Roderick A Moore Past-President 1.0 0.0 X 0 0 0 James W Bagley Director 1.0 0.0 X 0 0 0 D Hines Brannan Vice President 1.0 0.0 X X 0 0 0 George W Bryan Sr Director 1.0 0.0 X 0 0 0 Anthony L Wilson Director 1.0 0.0 X 0 0 0 David B Hall Director 1.0 0.0 X 0 0 0 Bobby S Shackouls Past Chair of the Board 1.0 0.0 X 0 0 0 Earnest W Deavenport Jr President 1.0 0.0 X X 0 0 0 Malcolm B Lightsey Sr Director 1.0 0.0 X 0 0 0 John R Lundy Director 1.0 0.0 X 0 0 0 James E Newsome Director 1.0 0.0 X 0 0 0 Cynthia M Stevens Director 1.0 0.0 X 0 0 0 Leo W Seal III Director 1.0 0.0 X 0 0 0 JF Thompson Sr Director 1.0 0.0 X 0 0 0 William B Berry Director 1.0 0.0 X 0 0 0 John D Davis IV Director 1.0 0.0 X 0 0 0 Michael E Dunlap Director 1.0 0.0 X 0 0 0 Virginia C Eiland Director 1.0 0.0 X 0 0 0 Rodger L Johnson Director 1.0 0.0 X 0 0 0 Rusty Linton Director 1.0 0.0 X 0 0 0 Thomas B Nusz Director 1.0 0.0 X 0 0 0 Cynthia W Simpson Director 1.0 0.0 X 0 0 0 Mark A Worthey Director 1.0 0.0 X 0 0 0 William A taylor Treasurer 1.0 0.0 X X 0 0 0 Turner Wingo Director 1.0 0.0 X 0 0 0 Randy J Cleveland Director 1.0 0.0 X 0 0 0 Tommy Dulaney Director 1.0 0.0 X 0 0 0 Linda M Garrett Director 1.0 0.0 X 0 0 0 Mark S Jordan Director 1.0 0.0 X 0 0 0 Mike M McDaniel Director 1.0 0.0 X 0 0 0 Michael W Sanders Director 1.0 0.0 X 0 0 0 Paula A Schuerer Director 1.0 0.0 X 0 0 0 Robert L Qualls Director 1.0 0.0 X 0 0 0 Douglas T Terreson Director 1.0 0.0 X 0 0 0 Bryan S Wilson Director 1.0 0.0 X 0 0 0 John P Rush Chief Executive Officer 40.0 0.0 X 350346 0 35277 David D Easley Chief Financial Officer 40.0 0.0 X 180179 0 25861 Jack R McCarty Secretary 40.0 0.0 X 172942 0 23558 Judson H Skelton Director of Dev., CALS & RE 40.0 0.0 X 127908 0 17424 Janet H Carraway Director of Finance and Budget 40.0 0.0 X 126743 0 19063 William Bristow Director of Planned Giving 40.0 0.0 X 127580 0 17200 William B Evans Sr. Director of Dev. Eng. 40.0 0.0 X 125186 0 17813 Robert Jenkins Director of Development, COB 40.0 0.0 X 112113 0 15217 1322997 0 171413 11 false true true Probity Contracting Group LLC 809 N Church St FLORENCE MS 39073 Construction 5947587 LPK Architects PA PO Box 630 821 22nd Ave MERIDIAN MS 39301 Architect 171634 Hederman Brothers PO Box 6100 RIDGELAND MS 39158 Printing 115245 KPMG LLP DEPT O608 PO BOX 120608 DALLAS TX 753120060 ACCOUNTING 112300 4 X 588074 43858529 8827726 44446603 0 10446247 -1678290 12124537 0 0 1775731 1775731 0 1775731 1775731 -8467656 1230922 -7236734 -7236734 0 0 0 OTHER 900099 2330199 2330199 2330199 51762046 -1678290 8993733 38251475 38251475 0 0 0 173674 87913 85761 0 477280 274604 202676 0 869512 298368 571144 49036 28024 21012 0 36341 26609 9732 113900 113900 0 0 2904977 2904977 355028 235476 119552 6565 6565 613401 167594 445807 5067 5067 0 3487 2869 618 261666 43695 217971 0 0 0 0 498568 498568 93532 93532 PURCHASED LABOR 3510961 1520054 1990907 TRANSFERS 257249 156210 101039 DUES & SUBSCRIPTIONS 105165 21520 83645 MEALS AND ENTERTAINMENT 51123 31722 19401 43991 757 43234 48681998 38251475 6511459 3919064 0 0 9767420 8300201 35432295 38418418 0 0 0 0 0 0 544636 384009 0 0 0 0 48759492 11721366 40316057 37038126 0 0 383773857 387008264 0 0 0 0 0 0 469834265 471149018 3358390 1537646 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10576682 10592817 13935072 12130463 X 40627525 37520770 99907112 81381257 315364556 340116528 455899193 459018555 469834265 471149018 X 3080048 -13969910 14009224 X false true X true false X 30117247 47530026 39049972 37021064 44446603 198164912 0 0 30117247 47530026 39049972 37021064 44446603 198164912 15354148 182810764 8455676 11663334 11494679 13737555 12221978 57573222 0 2070373 2554968 2173116 2368350 2330199 11497006 267235140 0.68408 0.68791 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 50051 true 18188 false false 68239 false Schedule C, Part II-B, line 1: Lobbying expenses were incurred primarily through the entertainment of legislators and government officials while informing them of university needs and priorities. 340903623 14801649 -13862030 14993896 -1466587 328315933 331806539 5188428 407482 13420598 -2885105 326866956 287180293 12907398 46316624 15762308 -1164532 331806539 244838939 26904011 27587895 12486919 -336367 287180293 248562535 8722461 -2924898 9844528 -323369 244838939 0.05230 0.85350 0.09420 true false 28069571 192500 28262071 11955487 5297081 6658406 8541934 6424285 2117649 37038126 NON-POOLED PLANNED GIVING INV 46924276 F NATURAL RESOURCES 38338469 F SHORT-TERM INVESTMENTS 12662623 F CASH SURR VAL OF LIFE INS 1864423 F INVESTMENT IN MSIP 287218473 F 387008264 0 LIAB UNDER SPLIT INTEREST AGRE 4865825 AGENCY PAYABLE 5695276 PAYABLE TO MISSISSIPPI STATE U 31716 10592817 X 32921511 -13969910 -4870625 -18840535 51762046 51762046 45777021 45777021 2904977 2904977 48681998 Part V, Line 1: PRIOR YEAR AMOUNTS WERE RESTATED IN THE CURRENT YEAR TO RECORD UNRESTRICTED NET ASSETS IN ACCORDANCE WITH U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. AT THE BEGINNING OF FY 2016, THE FOUNDATION RECEIVED THE NET ASSETS OF MISSISSIPPI STATE UNIVERSITY ALUMNI FOUNDATION (ALUMNI FOUNDATION) DUE TO MERGER. THE ENDOWMENT NET ASSETS RELATED TO ALUMNI FOUNDATION ARE INCLUDED IN THE BEGINNING BALANCE OF THE FOUNDATION. Part V, Line 4: The vast majority (approximately 95 percent) of Mississippi State University Foundation's (MSU Foundation) endowment is classified as either "permanently restricted"temporarily restricted the earnings from these restricted endowments support Mississippi State University in ways specified by individual and corporate donors in written gift agreements on file with MSU Foundation. The earnings from MSU Foundation's unrestricted endowment (approximately 5 percent of the total) is used to partially support the daily operations of MSU Foundation. Part X, Line 2: As of June 30, 2016, there were no material uncertain tax positions. Part XI, Line 2d: Investment management fees of $2,904,977 were netted with investment income on the financial statements but included in expense on Form 990. Elimination of subsidiaries ($1,965,648). Part XII, Line 4b: Investment management fees of $2,904,977 were netted with investment income on the financial statements but included in expense on Form 990. true Mississippi State University PO Drawer BT Mississippi State MS 39762 646000819 MS 36763705 See Part IV Bulldog Club PO Box 5227 Mississippi State MS 39762 510163622 501(c)(3) 900870 See Part IV MSU Alumni Association PO Box AA Mississippi State MS 39762 582006453 501(c)(3) 586900 See Part IV 3 0 Part I, Line 2: The MSU Foundation monitors expenditures of funds, serves on scholarship committees and becomes involved in other numerous ways. Part II, Column (h): Mississippi State University - Provide funds for learning/scholarships, service and research Bulldog Club - Provide contributed funds designated to support the MSU Athletic Programs MSU Alumni Association - Provide funds to the organization to help support MSU through programs and activities for alumni X true true X X false false false false false false false false false John P Rush Chief Executive Officer 220027 0 121232 0 9087 0 35277 0 0 0 385623 0 0 0 David D Easley Chief Financial Officer 154360 0 25819 0 0 0 25861 0 0 0 206040 0 0 0 Jack R McCarty Secretary 149423 0 23519 0 0 0 23558 0 0 0 196500 0 0 0 Judson H Skelton Director of Dev., CALS & RE 110513 0 17395 0 0 0 17424 0 0 0 145332 0 0 0 Janet H Carraway Director of Finance and Budget 108812 0 17931 0 0 0 19063 0 0 0 145806 0 0 0 William Bristow Director of Planned Giving 103977 0 20810 0 2793 0 17200 0 0 0 144780 0 0 0 William B Evans Sr. Director of Dev. Eng. 103898 0 21288 0 0 0 17813 0 0 0 142999 0 0 0 Robert Jenkins Director of Development, COB 92363 0 19750 0 0 0 15217 0 0 0 127330 0 0 0 Schedule J, Part I: The organization has an incentive compensation program whereby an individual is paid a percentage of their salary as incentive compensation when certain benchmarks set by the organization are met. The incentive compensation is grossed up for taxes so that the individual receives a percentage of their salary after taxes. Schedule J, Part II: Compensation listed in Part II, Column (b)(i) & (iii) was paid by Mississippi State University. X 2 2798 FMV X 58730 FMV X 4 75023 FMV X 4 4535608 FMV X 37 1841626 Stock Quote X 7 1879177 Appraisal X 2 161950 FMV X Livestock 9 67998 FMV X Equipment 11 137781 FMV X Landscaping 3 35957 FMV X Miscellaneous 13 67476 FMV 4 false true true Part I, Line 32b: The Foundation hires a stock broker and real estate agents to sell stock and real estate that is given. Form 990, Page 1, Part I, Line 1: and mission by cultivating and soliciting private support and ensuring stewardship for all contributions benefitting Mississippi State University. FORM 990, PAGE 6, PART VI, SECTION A, LINE 2: BOBBY SHACKOULS AND THOMAS NUSZ - BUSINESS RELATIONSHIP Form 990, Page 6, Part VI, Section B, Line 11b: The Foundation's Executive Committee conducts the primary inspection of the Form 990. The full board of directors then reviews it at its annual spring meeting prior to filing with the IRS. It is available for inspection no fewer than 14 days prior to the spring meeting. Form 990, Page 6, Part VI, Section B, Line 12c: At least annually, each member of the board of directors and each officer shall complete, sign, and furnish to the foundation a disclosure form specifying any conflicts of interest. Any person failing to furnish the form may not participate in any board or committee meeting and may be subject to dismissal from the board for any continuing failure. The form is reviewed by the Secretary. If a conflict exists, the transaction that gave rise to the conflict shall be presented by the interested person and investigated by the remaining disinterested persons to see if a more appropriate transaction is available. The interested person is not present during the discussion of, and the vote on, the transaction that results in the conflict of interest. Form 990, Page 6, Part VI, Section B, Line 15: Compensation was reviewed in 2007 and approved by the board of trustees of State Institutions of Higher Learning as documented in their board meeting; this compensation package was modified in 2010 to include incentive compensation. The total compensation package is reviewed by the Mississippi State University Foundation's (MSU Foundation) Executive Committee and its President, the President of Mississippi State University, and the Human Resources Department at Mississippi State University. Additionally, the MSU Foundation annually participates in a national compensation study conducted by McConnell & Company; data from this study is utilized to insure the reasonableness of the total compensation package. Form 990, Page 6, Part VI, Section C, Line 19: The Mississippi State University Foundation's audited financial statements are available on its website. Governing documents and conflict of interest policy are available upon request. Form 990, Page 9, Part VIII, Line 7d: A breakout of proceeds and basis is not readily available. Therefore, only a total for gain or loss is being reported. Form 990, Page 12, Part XI, Line 12: Transfer of MSU Alumni Foundation Net Assets in Merger: 14,009,224 MS State Investment Pool PO Box 423 Mississippi State MS 39762 640869097 Investments MS NA INVESTMENT 26889 299439249 false -1678290 true 0.88690 Charitable Remainder Trust (14) Charitable Tr MS na Trust false true false false false false false false false false false false false false false false false false true Mississippi State Investment Pool b 36185879 FMV Mississippi State Investment Pool s 16948962 FMV