MICHIGAN STATE UNIVERSITY FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MICHIGAN STATE UNIVERSITY FOUNDATION (EIN 23-7326030)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2013-11-14
- IRS object ID
- 201313189349305811
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-14T14:55:45-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREWS HOOPER PAVLIK PLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4295 OKEMOS RD STE 200 | AddressLine1 |
| City | OKEMOS | City |
| State | MI | State |
| ZIP Code | 488646201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237326030 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHIGAN STATE UNIVERSITY | BusinessNameLine1 |
| Business Name Line2 | FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MICH | NameControl |
| Phone | 5173539268 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLIANCE DR | AddressLine1 |
| Address Line2 | ROOM/SUITE C | AddressLine2 |
| City | LANSING | City |
| State | MI | State |
| ZIP Code | 48910 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GEORGE C BENSON | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 5173539268 | Phone |
| Date Signed | 2013-11-13 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIE M PFEIFLE | Name |
| Phone | 5177060800 | Phone |
| Date Prepared | 2013-11-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GEORGE BENSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLIANCE DR SUITE C | AddressLine1 |
| City | LANSING | City |
| State | MI | State |
| ZIP Code | 48910 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 304962397 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MSUFOUNDATION.MSU.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1973 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE SUPPORT FOR THE BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY AND TO PROMOTE, SPONSOR, ASSIST, AND CARRY OUT EDUCATIONAL, SCIENTIFIC, CHARITABLE AND RELATED ACTIVITIES AND OBJECTIVES OF MICHIGAN STATE UNIVERSITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 12 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | 1065434 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 22447 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8950502 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6637767 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5957121 | InvestmentIncomePriorYear |
| Investment Income Current Year | 27146628 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -2082645 | OtherRevenuePriorYear |
| Other Revenue Current Year | -639849 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 12824978 | TotalRevenuePriorYear |
| Total Revenue Current Year | 33144546 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 15337320 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 14008046 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1047629 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1988614 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 301911 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4148417 | OtherExpensePriorYear |
| Other Expenses Current Year | 5851011 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 20533366 | TotalExpensesPriorYear |
| Total Expenses Current Year | 21847671 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -7708388 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 11296875 | RevenuesLessExpensesCY |
| Total Assets BOY | 375444871 | TotalAssetsBOY |
| Total Assets EOY | 390578185 | TotalAssetsEOY |
| Total Liabilities BOY | 33329625 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 33580794 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 342115246 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 356997391 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROVIDE SUPPORT FOR THE BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY AND TO PROMOTE, SPONSOR, ASSIST, AND CARRY OUT EDUCATIONAL, SCIENTIFIC, CHARITABLE AND RELATED ACTIVITIES AND OBJECTIVES OF MICHIGAN STATE UNIVERSITY. | MissionDescription |
| Significant New Program Services | true | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 16633175 | Expense |
| Grants | 14008046 | Grants |
| Description | GRANTING FUNDS TO ADVANCE RESEARCH AND THE UNIVERSITYS SCHOLARLY INFRASTRUCTURE OF TEACHING AND DISSEMINATION OF NEW KNOWLEDGE, UNDERWRITING MSUS WORK IN TECHNOLOGY COMMERCIALIZATION, DEVELOPING, SCALING AND DE-RISKING BIO-BASED TECHNOLOGIES THROUGH MBI INTERNATIONAL, A WHOLLY-OWNED FOUNDATION SUBSIDIARY, FOSTERING THE CREATION OF STARTUP ENTERPRISES ORIGINATING FROM MSU THROUGH THE FOUNDATION'S SPARTAN INNOVATIONS SUBSIDIARY, AND PROVIDING FACILITIES AND BUILDING SITES AT THE UNIVERSITY CORPORATE RESEARCH PARK FOR TECHNOLOGY ENTERPRISES, UNIVERSITY TECHNOLOGY-DEVELOPMENT INITIATIVES, AND UNIVERSITY/INDUSTRY COLLABORATIONS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 393327 | Expense |
| Description | SPARTAN INNOVATIONS PROVIDES THE EDUCATIONAL AND FINANCIAL SUPPORT NECESSARY TO TURN MSU RESEARCH TECHNOLOGIES INTO SUCCESSFUL MICHIGAN BUSINESSES - AND SPUR ENTREPRENEURSHIP IN THE MICHIGAN ECONOMY. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 17026502 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | true | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 231 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 12 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TRACI CANNON | NamePerson |
| Telephone Number | 5173539268 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLIANCE DR STE C | AddressLine1 |
| City | LANSING | City |
| State | MI | State |
| ZIP Code | 48910 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| GEORGE BENSON | ||||||
| EXECUTIVE DI | 45.00 | X | X | 214127 | 0 | 56152 |
| CRAIG BROWN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| SCOTT ESTON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| FRED POSTON | ||||||
| BOARD PRESID | 2.00 | X | 0 | 0 | 0 | |
| JOHN GORMAN | ||||||
| BOARD CHAIR | 2.00 | X | 0 | 0 | 0 | |
| RONALD GOLDSBERRY | ||||||
| BOARD TREASU | 2.00 | X | 0 | 0 | 0 | |
| RANDOLPH COWEN | ||||||
| BOARD VICE-C | 2.00 | X | 0 | 0 | 0 | |
| JOAN GARETY | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ROBERT BURGESS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ALEXANDER MCAREE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JOHN MCLANE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| GLENN SCHAFER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| PHILIP HICKEY | ||||||
| BOARD SECRET | 2.00 | X | 0 | 0 | 0 | |
| PHILIP ZECHER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ROY PARROTT | ||||||
| ASSOC DIRECT | 2.00 | X | 0 | 0 | 0 | |
| BRIAN BRESLIN | ||||||
| MSU TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| FAYLENE OWEN | ||||||
| MSU TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| TRACI CANNON | ||||||
| FINANCE DIRE | 45.00 | X | 111977 | 0 | 41712 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 326104 | TotalReportableCompFromOrg |
| Total Other Compensation | 97864 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| JOHN E GREEN COMPANY | |||||
| 1125 NORTH CEDAR ST | MASON | MI | 48854 | CONTRACTOR | 1824088 |
| GREYERBIEHL & ASSOCIATES | |||||
| 6315 RUTHERFORD AVE | EAST LANSING | MI | 48823 | PROPERTY MNGT | 874383 |
| CAMBRIDGE ASSOCIATES LLC | |||||
| PO BOX 83232 | CHICAGO | IL | 60691 | CONSULTANT | 665168 |
| PARKWAY ELECTRIC AND COMMUNICATIONS | |||||
| 11952 JAMES ST | HOLLAND | MI | 49424 | CONTRACTOR | 253045 |
| PENTASTAR AVIATION LLC | |||||
| 7310 HIGHLAND RD | WATERFORD | MI | 48327 | PROFESSIONAL | 183498 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| All Other Contributions | 6637767 | AllOtherContributions |
| Noncash Contributions | 4238821 | NoncashContributions |
| Total Contributions | 6637767 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2664403 | TotalRevenueColumn |
| Exclusion | $2,664,403 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2009624 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 3621057 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -1611433 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1611433 | TotalRevenueColumn |
| Unrelated Business Revenue | 93850 | UnrelatedBusinessRevenue |
| Exclusion | -$1,705,283 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 292679019 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 268196794 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24482225 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 24482225 | TotalRevenueColumn |
| Exclusion | $24,482,225 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|
| SENTINEL CAPITAL IV | 900099 | 471093 | 471093 |
| QUANTUM ENERGY IV | 900099 | 441272 | 441272 |
| YORK CAPITAL | 900099 | 109110 | 109110 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -49891 | TotalRevenueColumn |
| Unrelated Business Revenue | -49891 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 971584 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33144546 | TotalRevenueColumn |
| Unrelated Business Revenue | 1065434 | UnrelatedBusinessRevenue |
| Exclusion | $25,441,345 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14008046 | Total |
| Program Services | 14008046 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 423969 | Total |
| Program Services | 211985 | ProgramServices |
| Management And General | 148389 | ManagementAndGeneral |
| Fundraising | 63595 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1096201 | Total |
| Program Services | 549053 | ProgramServices |
| Management And General | 383004 | ManagementAndGeneral |
| Fundraising | 164144 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 175808 | Total |
| Program Services | 87904 | ProgramServices |
| Management And General | 61533 | ManagementAndGeneral |
| Fundraising | 26371 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 213756 | Total |
| Program Services | 106878 | ProgramServices |
| Management And General | 74815 | ManagementAndGeneral |
| Fundraising | 32063 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78880 | Total |
| Program Services | 39440 | ProgramServices |
| Management And General | 27608 | ManagementAndGeneral |
| Fundraising | 11832 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1028858 | Total |
| Program Services | 964005 | ProgramServices |
| Management And General | 64853 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104418 | Total |
| Management And General | 104418 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3133402 | Total |
| Management And General | 3133402 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22995 | Total |
| Program Services | 22015 | ProgramServices |
| Management And General | 980 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52586 | Total |
| Management And General | 52586 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9295 | Total |
| Management And General | 9295 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53769 | Total |
| Management And General | 53769 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24208 | Total |
| Program Services | 5685 | ProgramServices |
| Management And General | 16818 | ManagementAndGeneral |
| Fundraising | 1705 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43423 | Total |
| Program Services | 7337 | ProgramServices |
| Management And General | 33885 | ManagementAndGeneral |
| Fundraising | 2201 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17190 | Total |
| Management And General | 17190 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47237 | Total |
| Management And General | 47237 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| BAD DEBT | 661890 | 661890 | |
| GIFT LIABILITY ADJUSTMENT | 357214 | 357214 | |
| SPARTAN INNOVATIONS | 142125 | 142125 | |
| HR EXPENSE | 68841 | 68841 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83560 | Total |
| Program Services | 5050 | ProgramServices |
| Management And General | 78510 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21847671 | Total |
| Program Services | 17026502 | ProgramServices |
| Management And General | 4519258 | ManagementAndGeneral |
| Fundraising | 301911 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250419 | BOY |
| EOY | 429163 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3238634 | BOY |
| EOY | 4762160 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106837 | BOY |
| EOY | 47518 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 34578635 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 18680544 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16036103 | BOY |
| EOY | 15898091 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189453560 | BOY |
| EOY | 194321383 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 154581095 | BOY |
| EOY | 162687760 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11778223 | BOY |
| EOY | 12432110 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 375444871 | BOY |
| EOY | 390578185 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3058466 | BOY |
| EOY | 1606041 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30271159 | BOY |
| EOY | 31974753 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33329625 | BOY |
| EOY | 33580794 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 296935547 | BOY |
| EOY | 308882397 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30396993 | BOY |
| EOY | 33922454 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14782706 | BOY |
| EOY | 14192540 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 342115246 | BOY |
| EOY | 356997391 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 375444871 | BOY |
| EOY | 390578185 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 11296875 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 3382475 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 202795 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6199640 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8252997 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6164570 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8950502 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6637767 | CurrentTaxYear |
| Total | 36205476 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 46500 | CurrentTaxYearMinus4Years |
| Total | 46500 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6246140 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8252997 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6164570 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8950502 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6637767 | CurrentTaxYear |
| Total | 36251976 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 2461510 | AmountsSubstContributorsTotal |
| Public Support Total170 | 33790466 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9016962 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4751404 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10569558 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | -437154 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4420760 | CurrentTaxYear |
| Total | 28321530 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 158062 | CurrentTaxYearMinus4Years |
| Current Tax Year | 855673 | CurrentTaxYear |
| Total | 1013735 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 65587241 | TotalSupport |
| Public Support Pertcentage170 | 0.51520 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.43020 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14782706 | BeginningOfYearBalance |
| Contributions | 25751 | Contributions |
| Investment Earnings Or Losses | 1319207 | InvestmentEarningsOrLosses |
| Other Expenditures | 1935124 | OtherExpenditures |
| End Of Year Balance | 14192540 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14299125 | BeginningOfYearBalance |
| Contributions | 624219 | Contributions |
| Investment Earnings Or Losses | 278541 | InvestmentEarningsOrLosses |
| Other Expenditures | 419179 | OtherExpenditures |
| End Of Year Balance | 14782706 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12747669 | BeginningOfYearBalance |
| Contributions | 152030 | Contributions |
| Investment Earnings Or Losses | 1758749 | InvestmentEarningsOrLosses |
| Other Expenditures | 359323 | OtherExpenditures |
| End Of Year Balance | 14299125 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 11977544 | BeginningOfYearBalance |
| Contributions | 107580 | Contributions |
| Investment Earnings Or Losses | 1211298 | InvestmentEarningsOrLosses |
| Other Expenditures | 543943 | OtherExpenditures |
| Administrative Expenses | 4805 | AdministrativeExpenses |
| End Of Year Balance | 12747669 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 3555333 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 517000 | OtherCostOrOtherBasis |
| Book Value | 4072333 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 30104072 | OtherCostOrOtherBasis |
| Depreciation | 18319298 | Depreciation |
| Book Value | 11784774 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 402230 | OtherCostOrOtherBasis |
| Depreciation | 361246 | Depreciation |
| Book Value | 40984 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15898091 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| LIMITED PARTNERSHIPS | 122820150 | F |
| VENTURE CAPITAL INVESTMENTS | 38917367 | F |
| IN-KIND GIFTS - Z COUPON BONDS | 950243 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 162687760 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEPOSIT HELD FOR MSU | $17,765,559 |
| ANNUITIES PAYABLE | $10,061,314 |
| NOTES PAYABLE | $4,013,173 |
| LIFE ESTATE AGREEMENT OBLIGATIONS | $134,707 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 31974753 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 38086834 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3382475 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 47460 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 1512353 | OtherRevenues |
| Revenue Not Rptd F990 | 4942288 | RevenueNotRptdF990 |
| Revenue Subtotal | 33144546 | RevenueSubtotal |
| Total Revenue Per Form990 | 33144546 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 23204689 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 47460 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 1512353 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1559813 | ExpensesNotRptdF990 |
| Expenses Subtotal | 21644876 | ExpensesSubtotal |
| Other Expenses Not Included | 202795 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 202795 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 21847671 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 2D | EQUITY SUBSIDIARY LOSSES INCLUDED IN EXPENSES ON AFS 1,512,353 |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | EQUITY SUBSIDIARY LOSSES INCLUDED IN EXPENSES ON AFS 1,512,353 |
| EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 4B | PRIOR PERIOD EQUITY SUBSIDIARY LOSS ADJUSTMENT 202,795 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHIGAN STATE UNIVERSITY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BOARD OF TRUSTEES | AddressLine1 |
| City | EAST LANSING | City |
| State | MI | State |
| ZIP Code | 48824 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 386005984 | EINOfRecipient |
| IRC Section | 3 | IRCSection |
| Amount Of Cash Grant | 9769226 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 4238820 | AmountOfNonCashAssistance |
| Method Of Valuation | VARIOUS | MethodOfValuation |
| Description Of Non Cash Assistance | VARIOUS | DescriptionOfNonCashAssistance |
| Purpose Of Grant | SUPPORT UNIVERSITY | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | ALL GRANTS TO MICHIGAN STATE UNIVERSITY ARE DISCUSSED AND APPROVED BY THE EXECUTIVE COMMITTEE, GRANTS COMMITTEE, AND BOARD OF DIRECTORS. DISBURSEMENTS ARE MADE THROUGHOUT THE YEAR AS FUNDS ARE REQUESTED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|---|---|
| GEORGE BENSON | ||||||
| EXECUTIVE DIRECTOR | 183220 | 18000 | 12907 | 39500 | 16652 | 270279 |
| TRACI CANNON | ||||||
| FINANCE DIRECTOR | 101431 | 10000 | 546 | 22500 | 19212 | 153689 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1252250 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL/FMV | MethodOfDeterminingRevenues |
Art Historical Treasures ArtHistoricalTreasures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 10000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL/FMV | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 388908 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL/FMV | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 82492 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1502138 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Securities Closely Held Stock SecuritiesCloselyHeldStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 22050 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 217500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
Real Estate Other RealEstateOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 195228 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 27 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 18243 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 29 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 93893 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST OF GOODS | MethodOfDeterminingRevenues |
Drugs And Medical Supplies DrugsAndMedicalSupplies
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 959 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | ANIMALS | 51 | 153481 | FMV |
| X | EQUIPMENT | 30 | 112568 | FMV |
| X | TRANSPORTATION | 9 | 70111 | FMV |
| X | SOFTWARE | 1 | 119000 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 10 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USED TO PROCESS NONCASH CONTRIBUTIONS | Identifier |
| Return Reference | SCHEDULE M, PAGE 1, PART I, LINE 32B | ReturnReference |
| Explanation | MSU FOUNDATION UTILIZES MICHIGAN STATE UNIVERSITY EMPLOYEES TO SOLICIT NON-CASH CONTRIBUTIONS VIA PHONE, EMAIL, PERSONAL CONTACTS, ETC. MSU FOUNDATION PROCESSES THE NON-CASH CONTRIBUTIONS ONCE THEY ARE RECEIVED. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | TO PROVIDE SUPPORT FOR THE BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY AND TO PROMOTE, SPONSOR, ASSIST, AND CARRY OUT EDUCATIONAL, SCIENTIFIC, CHARITABLE AND RELATED ACTIVITIES AND OBJECTIVES OF MICHIGAN STATE UNIVERSITY. |
| ADDITIONAL INFORMATION | FORM 990 | ALL LINES LEFT BLANK ARE NOT APPLICABLE TO THE ORGANIZATION. |
| ANY SIGNIFICANT NEW PROGRAM SERVICES NOT LISTED ON A PRIOR RETURN | FORM 990, PAGE 2, PART III, LINE 2 | SPARTAN INNOVATIONS IS A DISREGARDED ENTITY WHO'S ACTIVITY HAS BEEN INCLUDED IN THIS FORM 990. SPARTAN INNOVATIONS PROVIDES THE EDUCATIONAL AND FINANCIAL SUPPORT NECESSARY TO TURN MSU RESEARCH TECHNOLOGIES INTO SUCCESSFUL MICHIGAN BUSINESSES - AND SPUR ENTREPRENEURSHIP IN THE MICHIGAN ECONOMY. THE PROGRAM SERVICE ACTIVITIES OF SPARTAN INNOVATIONS HAVE BEEN INCLUDED IN PART III, LINE 4B OF THE FORM 990. |
| FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES | FORM 990, PART V, LINE 4B | CAYMAN ISLANDS, BERMUDA, BRITISH VIRGIN ISLANDS, CANADA |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE AUDIT CHAIRMAN REVIEWS THE 990 BEFORE FILING AS WELL AS THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | CONFLICT OF INTEREST STATEMENT IS SIGNED BY EACH BOARD MEMBER AT THE START OF EACH NEW CALENDAR YEAR. IF THE BOARD MEMBER IS NOT ABLE TO SIGN OR IF THEY DISCLOSE THAT THERE IS A CONFLICT, THIS IS DISCUSSED WITH THE GOVERNING BOARD. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | UPON HIRING THE EXECUTIVE DIRECTOR, THE FOUNDATION UTILIZES INDEPENDENT CONSULTANTS AND THE FOUNDATION'S COMPENSATION COMMITTEE TO PREPARE A WRITTEN EMPLOYMENT CONTRACT. IN ADDITION, COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED BY THE COMPENSATION COMMITTEE EACH YEAR AND COMPENSATION IS ADJUSTED ACCORDINGLY. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION OF THE FOUNDATION'S MANAGEMENT AND REMAINING STAFF IS REVIEWED AND APPROVED AS A SALARY LINE ITEM BY THE BOARD OF DIRECTORS DURING THE ANNUAL (JUNE) BUDGETING PROCESS AND IS DOCUMENTED IN THE BOARD MEETING MINUTES. ANNUALLY, SALARIES ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE WITH LOCAL AND NATIONAL COMPARITIVES TO JOB DESCRIPTIONS FOUND ON THE INTERNET AND WITHIN THE MSU STRUCTURE. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST |
| RECONCILIATION OF CHANGES - OTHER | FORM 990, PART XI, LINE 9 | EQUITY SUBSIDIARY LOSSES INCLUDED IN EXPENSES ON AFS 1,512,353 EQUITY SUBSIDIARY LOSSES INCLUDED IN EXPENSES ON AFS -1,512,353 PRIOR PERIOD EQUITY SUBSIDIARY LOSS ADJUSTMENT 202,795 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SPARTAN INNOVATIONS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 E GRAND RIVER | AddressLine1 |
| City | EAST LANSING | City |
| State | MI | State |
| ZIP Code | 48823 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460683865 | EIN |
| Primary Activities | ENTERPREN | PrimaryActivities |
| Legal Domicile State | MI | LegalDomicileState |
| Total Income | 26243 | TotalIncome |
| EOY Assets | 158405 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MSU FDTN | BusinessNameLine1 |
Form990 Schedule R Part II Form990ScheduleRPartII (11 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg | Public Charity StatusPublicCharityStatus |
|---|---|---|---|---|---|---|---|---|---|---|
| UCRP B INC | ||||||||||
| 2727 ALLIANCE DR STE C | LANSING | MI | 48910 | 382884948 | REAL EST. | MI | 501C2 | MSU FDTN | true | |
| UCRP C INC | ||||||||||
| 2727 ALLIANCE DR STE C | LANSING | MI | 48910 | 382884949 | REAL EST. | MI | 501C2 | MSU FDTN | true | |
| UCRP D INC | ||||||||||
| 2727 ALLIANCE DR STE C | LANSING | MI | 48910 | 382884951 | REAL EST. | MI | 501C2 | MSU FDTN | true | |
| UCRP E INC | ||||||||||
| 2727 ALLIANCE DR STE C | LANSING | MI | 48910 | 382884952 | REAL EST. | MI | 501C2 | MSU FDTN | true | |
| UCRP F INC | ||||||||||
| 2727 ALLIANCE DR STE C | LANSING | MI | 48910 | 382884953 | REAL EST. | MI | 501C2 | MSU FDTN | true | |
| UCRP G INC | ||||||||||
| 2727 ALLIANCE DR STE C | LANSING | MI | 48910 | 386552712 | REAL EST. | MI | 501C2 | MSU FDTN | true | |
| UCRP H INC | ||||||||||
| 2727 ALLIANCE DR STE C | LANSING | MI | 48910 | 382884955 | REAL EST. | MI | 501C2 | MSU FDTN | true | |
| UCRP I INC | ||||||||||
| 2727 ALLIANCE DR STE C | LANSING | MI | 48910 | 386552713 | REAL EST. | MI | 501C2 | MSU FDTN | true | |
| UCRP J INC | ||||||||||
| 2727 ALLIANCE DR STE C | LANSING | MI | 48910 | 382884956 | REAL EST. | MI | 501C2 | MSU FDTN | true | |
| MBI INTERNATIONAL INC | ||||||||||
| 3815 TECHNOLOGY BLVD | LANSING | MI | 48910 | 382418381 | RESEARCH | MI | 501C3 | MSU FDTN | true | 7 |
| BIO-BUSINESS INCUBATOR OF MI | ||||||||||
| 3815 TECHNOLOGY BLVD | LANSING | MI | 48910 | 383196014 | CEASED OP | MI | 501C3 | MBI | true | 7 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|
| GRAND RIVER TECHNOLOGIES | ||||||||
| 3815 TECHNOLOGY BLVD | LANSING | MI | 48910 | 382847447 | CEASED OP | MI | N/A | true |
| NATURA INC | ||||||||
| 3815 TECHNOLOGY BLVD | LANSING | MI | 48910 | 383183302 | COMMERICAL | MI | N/A | false |
| BIOPLASTICS INC | ||||||||
| 3815 TECHNOLOGY BLVD | LANSING | MI | 48910 | 383231098 | RES & DEV | MI | N/A | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | true | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| MBI INTERNATIONAL INC | ||
| A | 600000 | COST |
| MBI INTERNATIONAL INC | ||
| B | 3000000 | COST |
| MBI INTERNATIONAL INC | ||
| Q | 63901 | COST |
| UCRP I INC | ||
| F | 112357 | COST |