2014-06-12T14:37:50-05:00 2013-09-30 454084437 WARREN AVERETT LLC 3815 INTERSTATE CT MONTGOMERY AL 36109 990 2012-10-01 636067755 TROY UNIVERSITY FOUNDATION TROY 3346703000 ADAMS ADMINISTRATION BUILDING NO 241 TROY STATE UNIVERSITY AL 36082 DR JAMES BOOKOUT 3346703000 2014-05-15 1 TATIA W KNIGHT CPA P00848736 3342712200 2014-05-15 2012 2015-11-30 17:44:51Z DR JAMES BOOKOUT 241 ADAMS ADMINISTRATION TROY AL 36082 13102339 0 X WWW.TROY.EDU/DEVELOPMENT/FOUNDATION X 1968 AL SUPPORT OF TROY UNIVERSITY STUDENTS, FACULTY, STAFF AND ALUMNI 23 23 1 19 100313 63073 6154168 3861503 0 1656474 1107452 1053841 3485423 2364932 10747043 8936750 5320034 3143836 0 0 12027 53816 0 0 0 2839479 3808359 8171540 7006011 2575503 1930739 93514577 114166960 35952900 51113105 57561677 63053855 TO ASSIST TROY UNIVERSITY IN BUILDING ITS ENDOWMENT THROUGH A COORDINATED DONOR PROGRAM AND SOUND INVESTMENT POLICY THEREBY ENSURING RELIABLE RESOURCES FOR THE FUTURE. 0 0 3752872 3143836 263161 SUPPORT OF TROY UNIVERSITY SYSTEM ACADEMICS, LIBRARY, FACULTY, STAFF, ALUMNI AND STUDENT PROGRAMS FOR APPROXIMATELY 15,000 STUDENTS AND 100,000 ALUMNI. 3752872 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 12 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 AL X X DR JAMES BOOKOUT 3346703108 ADAMS ADMINISTRATION BUILDING TROY AL 36082 X DR JAMES R ANDREWS 1.00 X 0 0 0 DR JAMES BOOKOUT 1.00 X X 0 0 0 JERE BEASLEY 1.00 X 0 0 0 JERRY WILLIAMS 1.00 X 0 0 0 KAREN CARTER 1.00 X X 0 0 0 TOM CUNDY 1.00 X 0 0 0 RONALD DEVANE 1.00 X 0 0 0 DR JEFFREY DUGAS 1.00 X 0 0 0 DR JACK HAWKINS 1.00 X X 0 0 0 LARRY HUGHES 1.00 X X 0 0 0 JOHN R FERGUSON 1.00 X 0 0 0 DR MANLEY JOHNSON 1.00 X 0 0 0 DR JEAN LALIBERTE 1.00 X X 0 0 0 DOUG MIMS 1.00 X 0 0 0 DR HARREL MCKINNEY 1.00 X 0 0 0 RANDALL MOORE 1.00 X 0 0 0 DR AMY MORRIS 1.00 X 0 0 0 CLAUDENE NICHOLS 1.00 X 0 0 0 DR JOHN SCHMIDT 1.00 X X 0 0 0 GARY L SMITH 1.00 X 0 0 0 H WILLIAM WASDEN 1.00 X 0 0 0 ROY DRINKARD 1.00 X 0 0 0 DR EARL JOHNSON 1.00 X 0 0 0 0 0 0 0 0 0 0 WHALEY CONSTRUCTION 225 WEST MADISON STREET TROY AL 36081 CONSTRUCTION 7429140 GOODWYN MILLS AND CAWOOD 2660 EAST CHASE LANE SUITE 200 MONTGOMERY AL 36117 ARCHITECTURE 138290 2 71607 3789896 3861503 RENTAL INCOME 900099 1656474 1656474 1656474 1021557 1021557 302833 202520 100313 100313 100313 3819675 3787391 32284 32284 32284 180769 71607 175678 5091 5091 OTHER INCOME 900099 1917888 1917888 AFFINITY CARD AND ROYALTIES 900099 241357 241357 VENDING COMMISSIONS 900099 100283 100283 2259528 8936750 3916002 100313 1058932 3143836 3143836 49992 49992 3824 3824 605 605 64206 2500 61706 30058 9958 20100 54350 54350 225527 77714 147813 20557 20557 139545 11559 127986 11157 300 10857 1061342 1061342 724599 724599 14359 1002 13357 REPAIRS & MAINTENANCE 641342 15846 625496 ATHLETICS 174447 174447 REFUNDS 166914 142014 24900 MEALS & ENTERTAINMENT 152232 81064 71168 327119 92632 234487 7006011 3752872 3253139 0 162337 161449 19167274 19767167 2075952 2699847 401889 616805 42000 23775 42664987 5265470 31323239 37399517 37226058 50669881 3115828 2828519 93514577 114166960 1868005 438311 2069907 2083549 5174158 14211211 26840830 34380034 35952900 51113105 X 15044860 15670175 24180980 28699457 18335837 18684223 57561677 63053855 93514577 114166960 X 1930739 3532536 28903 X 0 1 X 1 0 X 2486595 2531276 3608387 6154168 3861503 18641929 2486595 2531276 3608387 6154168 3861503 18641929 2095981 16545948 1229399 863896 852463 1129860 1587551 5663169 24305098 0.68080 0.73220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16250 X 0 0 1 X 34335123 648407 4202107 569354 38616283 29111165 759063 4891219 426324 34335123 27290336 1825982 364588 369741 29111165 24661184 534392 2432092 337332 27290336 24239777 262347 507509 510240 161791 24661184 0 0 216898 1299960 1516858 39835458 4105231 35730227 1296421 1160239 136182 16250 16250 37399517 GIFT ANNUITY LIABILITY 104625 CAPITAL LEASE OBLIGATION 19550054 NOTES PAYABLE 14725355 34380034 X 12884630 3532536 8242 407102 3947880 8936750 0 8936750 7392452 8242 378199 386441 7006011 0 7006011 PART IV, LINE 2B: THE FOUNDATION SERVES AS CUSTODIAN FOR A TITLE III GRANT FOR THE DOTHAN CAMPUS OF TROY UNIVERSITY TOTALING $528,918. THE FOUNDATION HOLDS ESCROW FUNDS FOR CERTAIN FRATERNITIES TOTALING $133,908. THE FOUNDATION ADMINISTERS FUNDS FOR INTERNATIONAL STUDENTS TOTALING $1,608,928. TROY UNIVERSITY INVESTED $10,000,000 IN THE FOUNDATION'S POOLED ENDOWMENT. THE TOTAL BALANCE AT SEPTEMBER 30, 2013 WAS $11,311,447. CENTER SERVICES, INC. (CSI) INVESTED $526,700 IN THE FOUNDATION'S POOLED ENDOWMENT. THE TOTAL BALANCE AT SEPTEMBER 30, 2013 WAS $619,975. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATION ESTABLISHES ENDOWED FUNDS TO SUPPORT DONOR(S) PURPOSES IN PERPETUITY. GIFTS OF CASH OR CASH GENERATED FROM CONVERSION OF A NON-CASH ASSET ARE INVESTED IN THE TROY FOUNDATION ENDOWED INVESTMENT POOL. IT IS THE GOAL OF THE FOUNDATION ENDOWMENT INVESTMENT POLICY TO PROVIDE A REAL TOTAL RETURN FROM ASSETS INVESTED THAT WILL PRESERVE AND INCREASE THE PURCHASING POWER OF THE ENDOWMENT CAPITAL, WHILE GENERATING THE MAXIMUM YIELD TO SUPPORT THE ACTIVITIES OF THE FUNDS HELD FOR THE COLLEGES, SCHOOLS, DEPARTMENTS, UNITS AND PROGRAMS OF THE UNIVERSITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CERTAIN TYPES OF INCOME MAY BE SUBJECT TO TAX FROM UNRELATED BUSINESS INCOME AS DEFINED BY THE TAX CODE. AT TIMES, THE FOUNDATION RECEIVES ROYALTY AND OTHER INCOME THAT MAY BE TAXABLE. DURING THE FISCAL YEAR 2013, THE FOUNDATION PAID APPROXIMATELY $21,000 IN UNRELATED BUSINESS INCOME TAX FOR TAXABLE INCOME GENERATED IN FISCAL YEAR 2012. THE FOUNDATION ALSO PAID $16,000 IN ESTIMATED TAXES DURING FISCAL YEAR 2013 FOR TAXABLE INCOME GENERATED IN FISCAL YEAR 2013. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES. AS OF SEPTEMBER 30, 2013 AND 2012, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE FOUNDATION HAS FILED ITS TAX RETURNS THROUGH SEPTEMBER 30, 2012. THE TAX RETURNS FOR YEARS ENDED SEPTEMBER 30, 2010 AND THEREAFTER ARE SUBJECT TO AUDIT BY THE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 28,903. FUNDRAISING EXPENSES 175,678. RENTAL EXPENSES 202,521. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 175,678. RENTAL EXPENSES 202,521. FOOTBALL APPRECIATION NIGHT 38038 0 38038 17838 MIDDLE SCHOOL SEUS CLINIC 35010 0 35010 5907 30662 4 124154 71607 52547 5712 24195 87747 197202 71607 125595 11619 24195 136247 172061 -46466 1 TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 564327 STUDENT SCHOLARSHIPS TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 158553 EMINENT SCHOLAR PROFESSORSHIPS TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 1527448 ATHLETIC DEPARTMENT TROY UNIVERSITY TROY MAIN CAMPUS TROY AL 36082 636001102 893508 OTHER EXPENSES PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE CHANCELLOR, EXECUTIVE VICE CHANCELLOR, SENIOR VICE CHANCELLORS AND VICE CHANCELLORS ARE SOLELY RESPONSIBLE FOR DISBURSEMENTS FROM FUNDS WHICH THEY CONTROL. UPON APPROVAL OF THE APPROPRIATE AUTHORITY, THE DEAN OR DIRECTOR OF A COLLEGE, SCHOOL, DEPARTMENT, UNIT OR PROGRAM IS RESPONSIBLE FOR RECOMMENDING APPROVAL OF ALL FOUNDATION DISBURSEMENTS FROM THE APPROPRIATE FUNDS. FINAL EXPENDITURE OF FOUNDATION FUNDS REQUIRES THE APPROVAL OF THE ASSOCIATE VICE CHANCELLOR FOR DEVELOPMENT AND THE TREASURER FOR DISBURSEMENTS OF LESS THAN $500. FOR DISBURSEMENTS GREATER THAN $500, THE APPROVAL OF THE SENIOR VICE CHANCELLOR FOR ADMINISTRATION AND THE CHANCELLOR IS REQUIRED. FORM 990, PART VI, SECTION A, LINE 2 DR. JAMES BOOKOUT, DR. JACK HAWKINS, DR. JOHN SCHMIDT, AND DR. JEAN LALIBERTE - BUSINESS RELATIONSHIP DR. JAMES ANDREWS AND DR. JEFFREY DUGAS - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 THE TREASURER, VICE PRESIDENT, AND SECRETARY OF THE FOUNDATION REVIEWED THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE FOUNDATION OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 28,903. TROY UNIVERSITY HOUSING LLC 260 ADAMS ADMINISTRATION BUILDING TROY AL 36079 636067755 BUYING, SELLING, AND LEASING REAL AND PERSONAL PROPERTY AL 1496378 18586623 TROY UNIVERSITY FOUNDATION