2015-10-30T15:55:47-05:00 2015-06-30 KFMR Katz Ferraro McMurtry PC 223 Fourth Avenue Suite 300 Pittsburgh PA 15222 990 2014-07-01 256087074 The Foundation for Indiana University of Pennsylvania (IUP) % DIR OF FINANCIAL OPERATIONS FOUN 7243573184 G-1 Sutton Hall Indiana PA 15705 JACKLYN BROWN Director of Financial Operations 7243573184 2015-10-09 true Peter C Ferraro CPA P00482884 4124710200 2014 2016-04-25 22:37:26Z Jacklyn Brown G-1 Sutton Hall 1011 S Drive Indiana PA 15705 60687612 false X www.iup.edu/foundation X 1967 PA To provide philanthropic support to Indiana University of Pennsylvania 15 15 7 0 4936899 7136671 30659366 31236033 2888101 1928121 1174143 1394253 39658509 41695078 2330546 2728899 0 0 3190218 3484365 0 0 2524261 29179594 31292119 34700358 37505383 4958151 4189695 297269724 296469902 266750745 265872498 30518979 30597404 THE FOUNDATION FOR IUP'S PRIMARY MISSION IS TO PROVIDE SUPPORT TO INDIANA UNIVERSITY OF PENNSYLVANIA. false false 29377241 607104 30646180 The foundation for IUP owns and rents residential housing to students of Indiana University of Pennsylvania 2766423 2766423 Provide scholarships and awards to students of Indiana University of Pennsylvania 2210083 585483 Provide educational support to various colleges and departments at Indiana Unviersity of Pennsylvania 34353747 true true false false false false false true false true true false false true true false true true false false false false false false true false false true false false true false true false false false false false false false false true true false false true false false false false true 66 0 true 7 true false false false false false true true false false false false false false X 15 15 false false false false false false false true true false false true true false true true true true true false PA X DIR OF FINANCIAL OPERATIONS 7243573184 G-1 SUTTON HALL INDIANA UNIVERSITY Indiana PA 15705 Timothy G Rupert President 15.0 0.0 X X 0 0 0 Richard D Caruso Vice President 5.0 0.0 X X 0 0 0 Sandy Barsotti Director 1.0 0.0 X 0 0 0 Terry Dunlap Director 1.0 0.0 X 0 0 0 Thomas W Gathers Director 1.0 0.0 X 0 0 0 Timothy Kronenwetter Secretary/Treasurer 5.0 0.0 X 0 0 0 Susan A McMurdy Director 1.0 0.0 X 0 0 0 Dr Ruth Riesenman Director 1.0 0.0 X 0 0 0 Frank Roberts Director 1.0 0.0 X 0 0 0 William Shipley Director 1.0 0.0 X 0 0 0 Andrew W Stephenson Director 1.0 0.0 X 0 0 0 Larry Wood Jr Director 1.0 0.0 X 0 0 0 David G Antolik Director 1.0 0.0 X 0 0 0 Rick Ubinger Director 1.0 0.0 X 0 0 0 Regina Stover Director 1.0 0.0 X 0 0 0 Jacklyn Brown Director of Financial Oper 40.0 0.0 X 76651 0 2300 Elizabeth G Lauber Executive Director 40.0 0.0 X 90414 0 9041 167065 0 11341 0 false false false 0 7136671 194058 7136671 RESIDENCE HALL RENTAL 532000 30646180 30646180 MANAGEMENT FEE INCOME 900099 589853 589853 31236033 1447595 1447595 0 0 0 0 0 19386987 18906461 480526 480526 480526 218610 86073 132537 0 0 NON GIFT INCOME 900099 945165 945165 TRANSFER FROM STUDENT 900099 250000 250000 GAIN ON DONATION OF FIXED ASSETS 900099 66551 66551 1261716 41695078 32497749 1928121 2728899 2728899 0 0 0 0 0 3484365 3480633 3732 0 0 0 564001 564001 0 0 0 0 0 0 71274 53448 5543 12283 0 0 0 182430 174197 5849 2384 99448 82918 6375 10155 0 0 11000801 11000801 0 6508458 6508458 618454 607881 10573 DIRECT PROGRAM SUPPORT 1193727 1192587 640 500 UTILITIES 2597040 2597040 PAYROLL EXPENSE 431409 431409 PROFESSIONAL SERVICES & HONORA 207961 169122 38839 7817116 5193762 124415 2498939 37505383 34353747 627375 2524261 5399266 3907712 0 0 690260 416621 1154337 1342893 0 0 0 0 0 0 0 0 21901 21901 223258078 41102212 188671361 182155866 71433835 75981328 0 0 0 0 0 0 29898764 32643581 297269724 296469902 1133505 1568039 0 0 569827 593923 227343541 223604275 0 0 0 0 911793 687447 0 0 36792079 39418814 266750745 265872498 X -22748760 -23632536 17452178 17650281 35815561 36579659 30518979 30597404 297269724 296469902 4189695 -4111270 X X false true X true false X 4210224 3993305 3507141 5059330 7269208 24039208 0 0 4210224 3993305 3507141 5059330 7269208 24039208 0 24039208 951561 1518129 1430349 1318082 1447595 6665716 0 215000 200000 250000 250000 250000 1165000 31869924 0.75429 0.75033 X Schedule A, Part II, Line 10 Transfer from Student Cooperative Association, Inc. of $250,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 916574 X X X false 53168270 2685533 268465 865923 713385 54542960 45192197 2676628 6656456 859822 497189 53168270 42459126 927580 4543858 934448 1803919 45192197 54998191 1742601 6577642 917226 19942082 42459126 48609397 5860590 6609559 1621950 3166177 1293228 54998191 0.03800 0.67100 0.29100 false false 21600 21600 207054620 33239570 173815050 5309623 813923 4495700 10872235 7048719 3823516 182155866 INSURANCE INVESTMENT 614754 ART WORK 916574 RESTRICTED CASH HELD W/TRUSTEE 31112253 32643581 0 ACCRUED PAYROLL 15808 ARBITRAGE LIABILITY 32254 STUDENT DEPOSITS 128880 ACCRUED INTEREST PAYABLE 3087078 UNCLAIMED PROPERTY PAYABLE 2340 TRUSTS AND ANNUITIES PAYABLE 106875 HELD FOR IUP ALUMNI ASSOCIATIO 4639512 INTEREST RATE SWAP AGREEMENTS 31406067 39418814 37333808 -4111270 -4111270 41445078 250000 250000 41695078 37505383 37505383 37505383 Schedule D, Part XI, Line 4b Transfer from Student Cooperative Association, Inc. of $250,000. Schedule D, Part III, Line 4 The artwork collection held by the Foundation is a collection of art donated to be used by the University for educational purposes. Schedule D, Part V, Line 4 The intended use of the Foundation's endowment funds is to provide academic and progammatic support to Indiana University of PA. Men's BB Golf 67705 67705 1560 9253 5274 800 863 ECOB Gold Class 60265 60265 610 13429 9527 3163 4 90640 90640 2474 16267 13237 1130 8486 218610 218610 610 4034 38949 28038 1930 12512 86073 132537 true Indiana Univeristy of Pennsylvania IUP Campus Indiana PA 15705 251470695 2728899 Scholarships A Pennsylvania higher educational facilities authori 232243852 70917RDW2 2006-05-16 51675000 To finance construction of student false false false B Pennsylvania Higher Educational Facilities Authori 232243852 70917rkd6 2007-05-15 80540000 To finance construction of student false false false C Pennsylvania Higher Educational Facilities Authori 232243852 70917rpz2 2008-05-06 73440000 To finance construction of student false false false D Pennsylvania Higher Educational Facilities Authori 232243852 70917r466 2012-04-12 37915000 Refinance original loan used to co false false false A 0 0 51675000 4427813 168513 0 2768869 1887895 0 44316964 0 0 2007 false false true true B 0 0 80540000 6493664 1354900 0 3376850 2305487 0 68655064 0 0 2008 false false true true C 0 0 73440000 5283918 3622200 0 1127360 330307 0 62770001 0 0 2009 false false true true D 0 0 37915000 2740390 0 0 484932 0 0 37043466 0 0 2010 true false true true A false false false false 0 B false false false false 0 C false false false false 0 D false false false false 0 A true false false 0 true Natixis Funding Corp 10. true false B true true true Morgan Kegan 32. true false 0 false C true true true MK Citizens Bank 32. true false 0 false D true false false 0 0 false A false B false C false D false X 7 39152 Appraisal X 24 154906 Fair Market Value false true false Form 990, Part VI, Section B, Line 11 The Board of Trustees delegates the review of the 990 and related schedules to the audit committee and director of financial operations upon their recommendation, the 990 is approved for filing with the internal revenue service. Form 990, Part VI, Section B, Line 12C The bylaws state that an individual must expose the conflict and remove themselves from the vote if the board has reasonable cause to believe that a director, officer, or committee member had failed to disclose an actual or possibly financial interest, it will afford the director, officer or committee member an opportunity to explain the alleged failure to disclose the conflict of interest. If after hearing the response and making such further investigation as the board deems appropriate, the board determines that the director, officer or committee member has in fact failed to disclose an actual or possible conflict of interest, it will take appropriate action, which may include immediate removal from the position held within the foundation for IUP. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part VI, Section B, Lines 15A & 15B The Foundation for IUP has a Human Resources Committee made up of board members who evaluate the compensation for the Director and all employees of the organization using available comparability data provided by the University (IUP). The HR Committee reviews and approves the compensation and brings the decisions to the full Board of Directors to approve. FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:HOUSING MANAGEMENT FEE TOTAL EXPENSES:1113128 PROGRAM SERVICES:1113128 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SUPPLIES TOTAL EXPENSES:186721 PROGRAM SERVICES:148500 MANAGEMENT AND GENERAL:14821 FUNDRAISING:23400 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FOOD SUPPLIES AND SERVICES TOTAL EXPENSES:276366 PROGRAM SERVICES:239383 MANAGEMENT AND GENERAL:10708 FUNDRAISING:26275 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:RENTAL/LEASE - OTHER TOTAL EXPENSES:707994 PROGRAM SERVICES:707767 MANAGEMENT AND GENERAL:56 FUNDRAISING:171 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:INTERNAL CHARGE BACK EXPENSE TOTAL EXPENSES:608201 PROGRAM SERVICES:608201 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:CONTRACTED SERVICES TOTAL EXPENSES:446261 PROGRAM SERVICES:386826 MANAGEMENT AND GENERAL:4170 FUNDRAISING:55265 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PRINTING & DUPLICATING TOTAL EXPENSES:105599 PROGRAM SERVICES:55861 MANAGEMENT AND GENERAL:162 FUNDRAISING:49576 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PAYMENTS IN LIEU OF TAXES TOTAL EXPENSES:314166 PROGRAM SERVICES:314166 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:HOUSING, BOOK & OTHER SCHEDULE TOTAL EXPENSES:37524 PROGRAM SERVICES:37524 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:TELECOMMUNICATIONS CHARGES TOTAL EXPENSES:83195 PROGRAM SERVICES:79842 MANAGEMENT AND GENERAL:3223 FUNDRAISING:130 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROFESSIONAL DEVELOPMENT TOTAL EXPENSES:1672 PROGRAM SERVICES:668 MANAGEMENT AND GENERAL:1004 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:UNCOLLECTIBLE PLEDGES TOTAL EXPENSES:184137 PROGRAM SERVICES:184137 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:POSTAGE/FREIGHT TOTAL EXPENSES:17022 PROGRAM SERVICES:5402 MANAGEMENT AND GENERAL:1219 FUNDRAISING:10401 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MEMBERSHIPS TOTAL EXPENSES:59730 PROGRAM SERVICES:14460 MANAGEMENT AND GENERAL:12743 FUNDRAISING:32527 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:ADMINISTRATIVE OVERHEAD TOTAL EXPENSES:380980 PROGRAM SERVICES:380980 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MAINTENANCE & REPAIRS TOTAL EXPENSES:204826 PROGRAM SERVICES:204445 MANAGEMENT AND GENERAL:240 FUNDRAISING:141 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:BAD DEBT EXPENSE TOTAL EXPENSES:484818 PROGRAM SERVICES:484818 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EQUIPMENT & IMPROVEMENTS TOTAL EXPENSES:37628 PROGRAM SERVICES:23779 MANAGEMENT AND GENERAL:1488 FUNDRAISING:12361 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:LICENSES AND FEES TOTAL EXPENSES:94133 PROGRAM SERVICES:89861 MANAGEMENT AND GENERAL:2137 FUNDRAISING:2135 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SUBSCRIPTIONS TOTAL EXPENSES:13186 PROGRAM SERVICES:12140 MANAGEMENT AND GENERAL:826 FUNDRAISING:220 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:COMPUTER AND DATA PROCESSING TOTAL EXPENSES:8668 PROGRAM SERVICES:7887 MANAGEMENT AND GENERAL:781 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:BANK SERVICE CHARGE TOTAL EXPENSES:19496 PROGRAM SERVICES:3057 MANAGEMENT AND GENERAL:16439 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:RENTAL/LEASE EQUIPMENT TOTAL EXPENSES:21985 PROGRAM SERVICES:17670 MANAGEMENT AND GENERAL:2274 FUNDRAISING:2041 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MISCELLANEOUS TAXES TOTAL EXPENSES:377 PROGRAM SERVICES:10 MANAGEMENT AND GENERAL:367 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:CONSULTING TOTAL EXPENSES:97189 MANAGEMENT AND GENERAL:40000 FUNDRAISING:57189 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PRIZES TOTAL EXPENSES:39141 PROGRAM SERVICES:28531 FUNDRAISING:10610 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:STAFF & STUDENT APPRECIATION TOTAL EXPENSES:21917 PROGRAM SERVICES:15667 MANAGEMENT AND GENERAL:6250 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:CAMPS & CONFERENCES TOTAL EXPENSES:31355 PROGRAM SERVICES:25838 MANAGEMENT AND GENERAL:5507 FUNDRAISING:10 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:IN KIND CONTRIBUTIONS TOTAL EXPENSES:2216487 FUNDRAISING:2216487 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:STUDENT NON ACEDEMIC AWARDS TOTAL EXPENSES:214 PROGRAM SERVICES:214 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROFESSIONAL AWARDS TOTAL EXPENSES:3000 PROGRAM SERVICES:3000 Crimson Hawks Hospitality LLC Management DE 0 NA