2014-02-12T10:11:56-07:00 2013-06-30 990 2012-07-01 371019805 SOUTHERN ILLINOIS UNIVERSITY EDWARDSVILLE FOUNDATION SOUT 6186502345 30 North Circle Drive Campus Box 1082 Edwardsville IL 620261082 RICHARD HAMPTON 6186502345 2014-02-17 2012 2015-11-30 17:44:51Z Patrick Hundley 30 North Circle Drive Edwardsville IL 62026 4488801 0 X www.siue.edu/give X 1977 IL The SIUE Foundation exists to support the mission, vision, and values of Southern Illinois University Edwardsville. On behalf of the University, the Foundation provides fundraising coordination and implementation, serves as the steward for contributions, produces donor receipts, conducts the decentralized annual fund drive programs, and upholds the highest standards of fiscal responsibility and investment management. These efforts are conducted in relation to the donors' expressed wishes as well as the instructional, scholarship, and public service pursuits of the University. 49 49 0 878 0 0 4828726 3020972 911864 415626 -221776 655147 43450 49054 5562264 4140799 1450833 578346 0 0 881578 481307 0 0 294336 7952768 2561212 10285179 3620865 -4722915 519934 32267939 34414857 949237 1090749 31318702 33324108 Philanthropic solicitation, cultivation and recognition on behalf of SIUE 0 0 2593549 0 0 The SIUE Foundation exists to support the mission, vision, and values of Southern Illinois University Edwardsville. On behalf of the University, the Foundation provides fundraising coordination and implementation, serves as the steward for contributions, produces donor receipts, conducts the decentrailized annual fund drive programs, and upholds the highest standards of fiscal responsibility and investment management. These efforts are conducted in relation to the donors' expressed wishes as well as the instructional, scholarship and public service pursuits of the University. 0 0 0 2593549 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 58 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 49 49 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ IL MA WA X SIUE Foundation 6186502345 30 North Circle Dr Edwardsville IL 620261082 X X Mr Thomas M Allen 1 0 X 0 0 0 Mr Gordon Broom 1 0 X 0 0 0 Mr Allen Cassens 1 0 X 0 0 0 Ms Sandra Hardy Chinn 1 0 X 0 0 0 Mr John J Conrad 1 0 X 0 0 0 Mrs Judy A Dailey 1 0 X 0 0 0 Ms Camille Emig-Hill 1 0 X 0 0 0 Mr Byron Farrell 1 0 X 0 0 0 Mr James C Fowler 1 0 X 0 0 0 Mr John A Fruit 1 0 X 0 0 0 Ms Bev George 1 0 X 0 0 0 Ms Mona B Haberer 1 0 X 0 0 0 Mr Alfred C Hagemann 1 0 X 0 0 0 Mrs Rita A Hardy 1 0 X 0 0 0 Mr Bruce B Holland 1 0 X 0 0 0 Mr Thomas E Holloway 1 0 X 0 0 0 Mr Merle Inman 1 0 X 0 0 0 Mrs Maxine Johnson 1 0 X 0 0 0 Mrs Mary Kane 1 0 X 0 0 0 Mr Kevin Kaufhold 1 0 X 0 0 0 Mr Keith J Kehrer 1 0 X 0 0 0 Mr Dale Keller 1 0 X 0 0 0 Ms Lisa L Klaustermeir 1 0 X 0 0 0 Mr Walter R Knepper 1 0 X 0 0 0 Mr Ralph Korte 1 0 X 0 0 0 Mr Larry Lexow 1 0 X 0 0 0 Ms Susan Nall 1 0 X 0 0 0 Mr David Oates 1 0 X 0 0 0 Mr John Oeltjen 1 0 X 0 0 0 Mr Robert Plummer 1 0 X 0 0 0 Mr James Rankin Sr 1 0 X 0 0 0 Mr Clinton Rogier 1 0 X 0 0 0 Dr Neal W Roller 1 0 X 0 0 0 Mrs Betty Lou Schmidt 1 0 X 0 0 0 Mr John Schmidt 1 0 X 0 0 0 Mr Gerard Schuetzenhofer 1 0 X 0 0 0 Mr Mark S Shashek 1 0 X 0 0 0 Mr Duane O Steiner 1 0 X 0 0 0 Mr Charles J Tosovsky 1 0 X 0 0 0 Dr Brent Wohlford 1 0 X 0 0 0 Mr SJ Morrison 1 1 X 0 0 0 Dr Glenn Poshard 1 0 X 0 0 0 Ms Julie Furst-Bowe 1 0 X 0 0 0 Dr Shirley Portwood 1 0 X 0 0 0 Ms Mara Meyers 1 0 X 0 0 0 Mr Dennis Terry 1 0 X 0 0 0 Mr Lendell Phelps Jr 1 0 X 0 0 0 Mr Michael N Wenzel 1 0 X 0 0 0 Mr Patrick D Hundley 15.40 0 X 0 0 0 Mr Richard Hampton 16.13 0 X 0 0 0 Mr Kevin Martin 18.75 0 X 0 0 0 0 0 0 0 0 0 0 0 X 0 0 122026 0 0 2898946 1485470 3020972 Fees & Contracts from Government 611710 190000 190000 0 0 Events, sales, and other revenue 611710 225626 0 0 225626 0 0 0 0 415626 662118 662118 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20772 80244 21157 86830 -385 -6586 -6971 -6971 0 0 289069 122026 240015 49054 0 49054 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4140799 845147 0 274680 355 355 577991 577991 0 0 0 0 0 0 0 0 0 0 0 0 481307 388234 26339 66734 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4463 0 4463 0 30645 0 30645 0 0 0 0 0 0 0 108815 0 108815 0 193130 109053 53753 30324 43432 18328 9413 15691 245996 117446 67534 61016 42161 9397 29964 2800 0 0 0 0 69459 15991 53387 81 175676 136998 31643 7035 0 0 0 0 31651 27853 3549 249 0 0 0 0 0 0 0 0 120549 0 120549 0 21902 6406 15496 0 GIK transfers to SIUE 153787 153787 0 0 Printing Charges 84053 28115 3227 52711 Capital Construction Services 720696 712788 7908 0 Meal Expenses 197575 95441 72829 29305 317222 195366 93466 28390 3620865 2593549 732980 294336 233473 837888 2103193 2196993 1293594 953964 59664 27890 0 0 0 0 483641 471275 0 0 22712 32325 3295859 1098866 2103193 2196993 19629140 23137784 5060421 3271017 0 0 0 0 1278908 1288728 32267939 34414857 337465 501316 0 0 0 0 0 0 0 0 0 0 0 0 0 0 611772 589433 949237 1090749 X 3008672 3298923 11385930 11333007 16924100 18692178 31318702 33324108 32267939 34414857 X 519934 1485472 0 0 0 0 X 0 1 X 1 0 X 7804148 3579365 3889203 4828726 3020972 23122414 0 0 0 0 0 0 419561 600748 626172 650719 749415 3046615 8223709 4180113 4515375 5479445 3770387 26169029 6469794 19699235 793345 445196 1906256 -221776 655147 3578168 0 0 0 0 0 0 311542 406335 353698 261145 225626 1558346 31305543 0 0.62926 0.63191 X Events, Sales and Other Income are net of Gross Receipts Special Events. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1112689 0 0 X X 1 16351474 1530467 1719003 762365 0 125157 18713422 16395583 262716 -20007 178576 0 108242 16351474 13393521 266098 3292709 505314 0 51431 16395583 11954491 396465 1295798 87318 0 165915 13393521 13978724 1334238 -3201298 8724 0 148449 11954491 0.03 0.97 0 0 0 0 0 0 2669188 165056 827131 2007113 0 0 0 0 412322 49293 271735 189880 0 0 0 0 2196993 0 0 Certificates of Deposit 3271017 C 3271017 0 Annuity Payable 589433 589433 6323855 1485470 559415 0 0 2044885 4278970 108815 -246986 -138171 4140799 4318450 559415 0 0 246985 806400 3512050 108815 0 108815 3620865 SchD_P03_S00_L04 Schedule D, Part III, Line 4 The University Museum is responsible for the care and display of SIUE's extensive collection of cultural objects. These are presented throughout the campus in a series of permanent and temporary exhibitions designed to reflect the creative diversity of the people and cultures of the world. Included in the collections are objects from Pre-Columbian, Native American, South and Central American, African, Oceanic, Oriental, Greek, Roman, and Egyptian cultures, as well as works by contemporary artists. The University Museum makes objects from the collections available for display at businesses and organizations in the community who have an ongoing relationship with SIUE. An agreement to display artwork is dependent upon security and insurance arrangements. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The Board has established a policy regarding spending the net income with the stated purpose of ensuring that administrators of these funds are able to make the best possible use of the earnings of these funds while preserving the interests and intent of the donor, the Foundation and the University. The Foundation's Investment Policy is administered to all endowment funds unless exceptions have been stipulated by the donor. The earnings can be used for the purposes specified by the donor including scholarships, awards, or support for a particular school or department. Less than two percent of the endowment is unrestricted. SchD_P11_S00_L02b Schedule D, Part XI, Line 2b SIUE donates a portion of certain individuals' time to assist in the operation of the SIUE Foundation. The value of these services, including wages and estimated benefits, though no monetary transactions occur, are included on the financial statements as both revenue and expense to the SIUE Foundation and have no impact on the net assets of the organization. SchD_P11_S00_L04b Schedule D, Part XI, Line 4b $240,015 Special Event Expenses included on Part VIII line 8b, but included in expenses on Financial Statements: $6,971 Loss on Sale of Assets on Part VIII Line 7, but included in expenses on Financial Statements. SchD_P12_S00_L02a Schedule D, Part XII, Line 2a SIUE donates a portion of certain individuals' time to assist in the operation of the SIUE Foundation. The value of these services, including wages and estimated benefits, though no monetary transactions occur, are included on the financial statements as both revenue and expense to the SIUE Foundation and have no impact on the net assets of the organization. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d $240,015 Special events expenses included on Part VIII line 8b, but included in expenses on Financial Statements: $6,971 Loss on Sale of Assets on Part VIII line 7, but included in expenses on Financial Statements. Athletic Golf Benefit-4063 56577 21075 35502 0 0 16152 850 0 6192 Volleyball Benefit-4177 51284 0 51284 0 0 0 118 0 26852 28 303234 100951 202283 1680 0 24524 26976 0 136671 411095 122026 289069 1680 0 40676 27944 0 169715 240015 49054 1 Awards assistance to students 138 75820 0 cash n/a Scholarships to SFA 484 328872 0 Cash n/a Scholarships for individuals over $5,000 18 173499 0 cash n/a SchI_P01_S00_L02 Schedule I, Part I, Line 2 The SIUE Foundation Office of Financial Affairs is responsible for ensuring funds are utilized in accordance with the stipulations of the donor. Multiple checks and balances are in place to maximize controls over the process including requirements of two approvals for disbursements from the originating school or college, segregation of the disbursement processing steps in Financial Affairs and donor reporting. Departmental reporting also aids in identifying and resolving any variances to stated procedures regarding the grants/assistance payments. X 5 21157 INDEPENDENT VALUATION X 1 80000 INDEPENDENT VALUATION X 15 2077 INDEPENDENT VALUATION X Promotional Items/Giveaways 69 26013 INDEPENDENT VALUATION X Sports equipment 1 337 INDEPENDENT VALUATION X Scientific Equipment-Rigaku X-ray crystallography system 1 150000 INDEPENDENT VALUATION X Musical Instruments 2 3450 INDEPENDENT VALUATION 0 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b An auction house is sometimes used to sell artwork and other collectibles and are paid a flat commission percentage from the proceeds. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Mrs. Sandra Hardy Chinn and Mrs. Rita Hardy have a family relationship. Mr Allen Cassens, Mr. Thomas Holloway, Mr. Robert Plummer, Mr. Mark Shashek, and Mr. Robert Wetzel have a business relationship with each other; Mr. Dennis Terry and Mr. Gerard Schuetzenhofer have a business relationship with each other. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Board of Directors was emailed a copy of the prepared Form 990 before it was filed. The Audit Committee reviewed the 990 on February 6, 2014 at a regular meeting. The filing is reviewed in detail to ensure the committee is comfortable with the process used by management to complete the form. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Board of Directors including its officers and including the Chief Executive Officer of the organization are required to annually complete the conflict of interest questionnaire and submit it to the Foundation. Reminders are then sent to those individuals who do not comply by the original due date. There is currently no penalty for not complying with the policy, through reminders continue to be sent. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Officers and key employees have been traditionally hired with the appointment of a committee. One responsibility of the committee is to evaluate a salary range. The Human Resources department of Southern Illinois University Edwardsville maintains extensive salary data and since employees are paid by the University and not by the filing organization, the University assists in the process of determining and appropriate salary to offer based on review of comparable positions and budgetary considerations. Patrick Hundley, Chief Executive Officer, 2008: Kevin Martin, Operations Director, 2000, Richard P. Hampton, Executive Director of Financial Affairs, 2001. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Documents available upon request include the audit report, conflict of interest policy and the governing document. F990_P07_S0A_L01a Form 990, Part VII, Section A, Line 1a Key employee Richard Hampton's time is allotted between three organizations; the University, the Alumni Association and the Foundation. Fifteen percent of his time weekly or 5.5 hours on the average is devoted to the Alumni Association. The remainder of eighty five percent of his time is alloted equally to the University and Foundation organizations 16 hours each. The weekly hours total 37.5 hours. Key Employee Kevin Martin's time is allotted between two organizations; the University and the Foundation. His time is on the average is allotted equally with 18.75 hours each for total weekly hours of 37. hours. Chief Executive Officer Patrick Hundley's time is also alloted between two organizations; the University and the Foundation. His time on the average is allotted 59 percent for the University and 41 percent for the Foundation. Respectively 22.125 hours for the University and 15.375 hours for the Foundation, for a total of 37.5 hours. The organization has an executive committee made up of the Foundation CEO, the University Chancellor, the Chairman of the Board of the University System and the following officer positions of the Foundation board: President, Vice President, Treasurer, and Chairman. The President of the Foundation Board serves as chair. All members are members of the governing body of the filing organization. The executive committee, between meetings of the board. "shall possess and shall exercise all the powers and duties of the Board in respect to the affairs of the Foundation except alteration of membership of the Board and those actions not permitted by law." F990_P08_S00_L07c Form 990, Part VIII, Line 7c 990 note for Schedule O regarding Part IX, Line 24: This line includes a reduction in value of Assets Held for Resale of $429,798. In FY2013, a collection with a book value of $859,000 was revalued to 50% of its book value to better reflect the actual market value. This write down was based on historical sales figures for similar assets from several previous fiscal years. F990_P11_S00_L05 Form 990, Part XI, Line 5 Investment Unrealized Gains and Losses.