MISSISSIPPI STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MISSISSIPPI STATE UNIVERSITY FOUNDATION INC (EIN 64-0410581)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-02
- IRS object ID
- 201211239349300711
- Schema version
- 2010v3.7
- 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 C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-02T08:45:28-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 E Capitol Street Ste 500 | AddressLine1 |
| City | Jackson | City |
| State | MS | State |
| ZIP Code | 392012190 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640410581 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mississippi State University Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MISS | NameControl |
| Phone | 6623257000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Drawer 6149 | AddressLine1 |
| City | Mississippi State | City |
| State | MS | State |
| ZIP Code | 39762 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | David D Easley | Name |
| Title | Chief Financial Officer | Title |
| Date Signed | 2012-05-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Penny Wood CPA | Name |
| Phone | 6019486700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | David Easley | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Drawer 6149 | AddressLine1 |
| City | Mississippi State | City |
| State | MS | State |
| ZIP Code | 39762 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 38855355 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.msufoundation.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1962 | YearFormation |
| State Legal Domicile | MS | StateLegalDomicile |
| Activity Or Mission Description | The Mississippi State University Foundation, Inc. is a non-profit organization that assists the University in accomplishing its goals and mission (see Schedule O for continuation) | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 40 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 40 | NbrIndependentVotingMembers |
| Total Nbr Employees | 460 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 7803 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 6803 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 22886717 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 27998123 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 14040180 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7880749 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2487192 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2976483 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 39414089 | TotalRevenuePriorYear |
| Total Revenue Current Year | 38855355 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 18733653 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 22291545 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 991457 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1034319 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2735805 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5062679 | OtherExpensePriorYear |
| Other Expenses Current Year | 6265865 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 24787789 | TotalExpensesPriorYear |
| Total Expenses Current Year | 29591729 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 14626300 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 9263626 | RevenuesLessExpensesCY |
| Total Assets BOY | 296703638 | TotalAssetsBOY |
| Total Assets EOY | 349692697 | TotalAssetsEOY |
| Total Liabilities BOY | 11554557 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 11831488 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 285149081 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 337861209 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSISSIPPI STATE UNIVERSITY FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION THAT ASSISTS THE UNIVERSITY IN ACCOMPLISHING ITS GOALS AND MISSION BY CULTIVATING AND SOLICITING PRIVATE SUPPORT AND ENSURING STEWARDSHIP FOR ALL CONTRIBUTIONS BENEFITTING MISSISSIPPI STATE UNIVERSITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 21621502 | Expense |
| Grants | 21621502 | Grants |
| Description | 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 550573 | Expense |
| Grants | 550573 | Grants |
| Description | 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. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 87625 | Expense |
| Grants | 87625 | Grants |
| Description | Grants to Bulldog Club. This includes amounts paid to the Bulldog Club primarily for athletic needs. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 31845 | Expense |
| Grants | 31845 | Grants |
| Description | Grants to Bulldog Foundation | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 31845 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 31845 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 22291545 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| 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 | true | 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 | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 198 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 460 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | true | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 2 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form1098 C Filed | true | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 40 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 40 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | 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 | true | 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 | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DAVID D EASLEY | NamePerson |
| Telephone Number | 6623257000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HUNTER HENRY BLVD | AddressLine1 |
| City | Mississippi State | City |
| State | MS | State |
| ZIP Code | 39762 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (46 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Richard C Adkerson | |||||||
| Past-President | 1.0 | X | 0 | 0 | 0 | ||
| James J Rouse | |||||||
| President | 1.0 | X | 0 | 0 | 0 | X | |
| LF Mallory Jr | |||||||
| Past-President | 1.0 | X | 0 | 0 | 0 | ||
| CW Ritter Jr | |||||||
| Past-President | 1.0 | X | 0 | 0 | 0 | ||
| Albert C Clark | |||||||
| Past-President | 1.0 | X | 0 | 0 | 0 | ||
| Bobby P Martin | |||||||
| Past-President | 1.0 | X | 0 | 0 | 0 | ||
| Bryce Griffis | |||||||
| Past-President | 1.0 | X | 0 | 0 | 0 | ||
| Roderick A Moore | |||||||
| Past-President | 1.0 | X | 0 | 0 | 0 | ||
| AP Hatcher | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Johnny Crane | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| CR Montgomery | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| William Berry | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Gary A Blair | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Mary M Childs | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Beth Clay | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Haley R Fisackerly | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Hassell H Franklin | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| WG Holliman Jr | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Larry E Homan | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Richard A Rula | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Turner A Wingo | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Linda Garrett | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Bobby Shackouls | |||||||
| Vice-President | 1.0 | X | 0 | 0 | 0 | X | |
| D Hines Brannan Jr | |||||||
| Treasurer | 1.0 | X | 0 | 0 | 0 | X | |
| Fred E Carl Jr | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Karen D Lawler | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Earnest W Deavenport | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Stephen D Golding | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| JF Thompson Jr | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| James K Ashford | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Karen D Hulett | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Herbert V Johnson | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Tommy Dulaney | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| EM Gipson | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| James E Newsome | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Joe F Gordy | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Leo W Seal III | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Rusty Linton | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Don E Mason | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| Thomas B Nusz | |||||||
| Director | 1.0 | X | 0 | 0 | 0 | ||
| John P Rush | |||||||
| Secretary/CEO | 40.0 | 243195 | 0 | 23310 | X | ||
| David D Easley | |||||||
| Chief Financial Officer | 40.0 | 144532 | 0 | 15113 | X | ||
| James V Hemphill IV | |||||||
| Secretary | 40.0 | 107822 | 0 | 11500 | X | ||
| William V Bristow | |||||||
| Director of Planned Giving | 40.0 | 109685 | 0 | 11949 | X | ||
| Jack R McCarty | |||||||
| Executive Director of Develop. | 40.0 | 100256 | 0 | 10440 | X | ||
| Judson H Skelton | |||||||
| Director of Development | 40.0 | 107569 | 0 | 11048 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 813059 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 83360 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | true | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| LPK Architects PA | |||||
| 821 22nd Avenue | MERIDIAN | MS | 39301 | Architect | 203635 |
| Hederman Brothers | |||||
| PO Box 6100 | RIDGELAND | MS | 39158 | Printing | 132808 |
| KPMG LLP | |||||
| PO Box 120001 | DALLAS | TX | 753120561 | Auditing | 110400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Government Grants | 500599 | GovernmentGrants |
| All Other Contributions | 27497524 | AllOtherContributions |
| Noncash Contributions | 5292244 | NoncashContributions |
| Total Contributions | 27998123 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7930657 | TotalRevenueColumn |
| Unrelated Business Revenue | 7803 | UnrelatedBusinessRevenue |
| Exclusion | $7,922,854 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 998351 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 998351 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 998351 | TotalRevenueColumn |
| Exclusion | $998,351 | ExclusionAmount |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -69273 | Securities |
| Other | 19365 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -49908 | TotalRevenueColumn |
| Exclusion | -$49,908 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 1978132 | TotalRevenueColumn |
| Exclusion | $1,978,132 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1978132 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38855355 | TotalRevenueColumn |
| Unrelated Business Revenue | 7803 | UnrelatedBusinessRevenue |
| Exclusion | $10,849,429 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22291545 | Total |
| Program Services | 22291545 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62363 | Total |
| Management And General | 40478 | ManagementAndGeneral |
| Fundraising | 21885 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 337152 | Total |
| Management And General | 180067 | ManagementAndGeneral |
| Fundraising | 157085 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 612231 | Total |
| Management And General | 205494 | ManagementAndGeneral |
| Fundraising | 406737 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22573 | Total |
| Management And General | 12461 | ManagementAndGeneral |
| Fundraising | 10112 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30473 | Total |
| Management And General | 28227 | ManagementAndGeneral |
| Fundraising | 2246 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82250 | Total |
| Management And General | 82250 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1544244 | Total |
| Management And General | 1544244 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 382184 | Total |
| Management And General | 263796 | ManagementAndGeneral |
| Fundraising | 118388 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3800 | Total |
| Fundraising | 3800 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 533414 | Total |
| Management And General | 178946 | ManagementAndGeneral |
| Fundraising | 354468 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13857 | Total |
| Management And General | 12336 | ManagementAndGeneral |
| Fundraising | 1521 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5949 | Total |
| Management And General | 3691 | ManagementAndGeneral |
| Fundraising | 2258 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 180875 | Total |
| Management And General | 25976 | ManagementAndGeneral |
| Fundraising | 154899 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 792457 | Total |
| Management And General | 792457 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91441 | Total |
| Management And General | 89941 | ManagementAndGeneral |
| Fundraising | 1500 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|
| PURCHASED LABOR | 2376369 | 988031 | 1388338 |
| MEALS AND ENTERTAINMENT | 13929 | 736 | 13193 |
| REPAIRS AND MAINTENANCE | 17985 | 14258 | 3727 |
| MISCELLANEOUS EXPENSE | 24869 | 2650 | 22219 |
| DUES AND SUBSCRIPTIONS | 29108 | 10620 | 18488 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142661 | Total |
| Management And General | 87720 | ManagementAndGeneral |
| Fundraising | 54941 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29591729 | Total |
| Program Services | 22291545 | ProgramServices |
| Management And General | 4564379 | ManagementAndGeneral |
| Fundraising | 2735805 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7332199 | BOY |
| EOY | 5605092 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17353218 | BOY |
| EOY | 18468672 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Accounts Receivable | AccountsReceivable |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 837283 | BOY |
| EOY | 1250252 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 34275284 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 8413170 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22089619 | BOY |
| EOY | 25862114 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249091319 | BOY |
| EOY | 298506567 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 296703638 | BOY |
| EOY | 349692697 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1738325 | BOY |
| EOY | 1869692 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 228813 | BOY |
| EOY | 202235 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9587419 | BOY |
| EOY | 9759561 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11554557 | BOY |
| EOY | 11831488 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11139689 | BOY |
| EOY | 24827789 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33569574 | BOY |
| EOY | 57647303 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 240439818 | BOY |
| EOY | 255386117 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 285149081 | BOY |
| EOY | 337861209 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 296703638 | BOY |
| EOY | 349692697 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 9263626 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 43448502 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 32358705 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 20048675 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 28135992 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 22886717 | CurrentTaxYearMinus1Year |
| Current Tax Year | 27998123 | CurrentTaxYear |
| Total | 131428212 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 32358705 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 20048675 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 28135992 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 22886717 | CurrentTaxYearMinus1Year |
| Current Tax Year | 27998123 | CurrentTaxYear |
| Total | 131428212 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 29855038 | AmountsSubstContributorsTotal |
| Public Support Total170 | 101573174 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7479373 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7654717 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7083087 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6014308 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7930657 | CurrentTaxYear |
| Total | 36162142 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3013248 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2482330 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2562793 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2487192 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2976483 | CurrentTaxYear |
| Total | 13522046 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 181112400 | TotalSupport |
| Public Support Pertcentage170 | 0.56083 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.62900 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | true | GrantsOtherOrganizations |
| Grants Other Organizations | $40,000 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $13,421 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 53421 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 246645245 | BeginningOfYearBalance |
| Contributions | 9226071 | Contributions |
| Investment Earnings Or Losses | 46339524 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 7447045 | GrantsOrScholarships |
| End Of Year Balance | 294763795 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 222302371 | BeginningOfYearBalance |
| Contributions | 9234758 | Contributions |
| Investment Earnings Or Losses | 22253900 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 7145784 | GrantsOrScholarships |
| End Of Year Balance | 246645245 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 250689045 | BeginningOfYearBalance |
| Contributions | 12327533 | Contributions |
| Investment Earnings Or Losses | -30070070 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 10644137 | GrantsOrScholarships |
| End Of Year Balance | 222302371 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.03960 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.86640 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.09400 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 14723873 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 192500 | OtherCostOrOtherBasis |
| Book Value | 14916373 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11794991 | OtherCostOrOtherBasis |
| Depreciation | 3319821 | Depreciation |
| Book Value | 8475170 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7563920 | OtherCostOrOtherBasis |
| Depreciation | 5093349 | Depreciation |
| Book Value | 2470571 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 25862114 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| NON-POOLED PLANNED GIVING INV | 34343134 | F |
| NATURAL RESOURCES | 16521777 | F |
| SHORT-TERM INVESTMENTS | 7838602 | F |
| CASH SURR VAL OF LIFE INS | 1658374 | F |
| INVESTMENT IN MSIP | 238144680 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 298506567 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| OBLIGATION UNDER CAPITAL LEASE | $2,454,242 |
| LIAB UNDER SPLIT INTEREST AGREEMENT | $3,768,700 |
| AGENCY PAYABLE | $3,536,619 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 9759561 | TotalOfAmounts |
| Total Revenue | 38855355 | TotalRevenue |
| Total Expenses | 29591729 | TotalExpenses |
| Excess Or Deficit For Year | 9263626 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 43448502 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 43448502 | TotalAdjustments |
| Excess Or Deficit Per FS | 52712128 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 88462732 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 43448502 | NetUnrealizedGainsInvestments |
| Other Revenues | 6158875 | OtherRevenues |
| Revenue Not Rptd F990 | 49607377 | RevenueNotRptdF990 |
| Revenue Subtotal | 38855355 | RevenueSubtotal |
| Total Revenue Per Form990 | 38855355 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 28047485 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 28047485 | ExpensesSubtotal |
| Other Expenses Not Included | 1544244 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1544244 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 29591729 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part V, Line 4: | The vast majority (approximately 96 percent) of Mississippi State University Foundation's (MSU Foundation) endowment is classified as either "permanently restricted" or "term 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 4 percent of the total) is used to partially support the daily operations of MSU Foundation. |
| Part X, Line 2: | Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. |
| Part XII, Line 2d: | Investment management fees of $1,544,244 were netted with investment income on the financial statements but included in expense on Form 990. Elimination of subsidiaries <$7,703,119> |
| Part XIII, Line 4b: | Investment management fees of $1,544,244 were netted with investment income on the financial statements but included in expense on Form 990. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | East Asia and the Pacific | Region |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConducted |
| Specific Services Provided | Leadership Study tour | SpecificServicesProvided |
| Total Expenditures | 53472 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 53472 | SubtotalAmountSpent |
| Total Amount Spent | 53472 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part IV, Line 1: | The Foundation indirectly transferred property to foreign corporations through its investment in a domestic partnership. The amount of indirect transfers of property were below the reporting threshold requiring the filing of Form 926. |
| Part IV, Line 3: | The filing requirements of Form 5471 were not met by the Foundation during the fiscal year ended 6/30/2011 for its ownership interest in a foreign corporation. Therefore, Form 5471 was not filed by the Foundation. |
| Part IV, Line 4: | The Foundation indirectly invests in a partnership which has made a timely qualified electing fund ("QEF") election with respect to its investment in underlying passive foreign investment companies ("PFICS"). The first U.S. shareholder that makes a QEF election for a PFIC is required to include that income currently under IRC Section 1293 and to file a Form 8621. The Foundation's allocable share of this income is not required to be further reported on an additional Form 8621. Therefore, Form 8621 was not filed by the Foundation. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| Mississippi State University | ||||||||
| PO Drawer BT | Mississippi State | MS | 39762 | 646000819 | 501(c)(3) | 21621502 | FMV | See Part IV |
| Bulldog Club | ||||||||
| PO Box 5227 | Mississippi State | MS | 39762 | 510163622 | 501(c)(3) | 87625 | FMV | See Part IV |
| Bulldog Foundation | ||||||||
| PO Box 5327 | Mississippi State | MS | 39762 | 646035311 | 501(c)(3) | 31845 | FMV | See Part IV |
| MSU Alumni Association | ||||||||
| PO Box AA | Mississippi State | MS | 39762 | 582006453 | 501(c)(3) | 550573 | FMV | See Part IV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| 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 Bulldog Foundation - Provide funds to the MSU Department of Intercollegiate Athletics MSU Alumni Association - Provide funds to the organization to help support MSU through programs and activities for alumni | Purpose of grant or assistance to: |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| 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 (6 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|
| John P Rush | |||||||||||
| 175710 | 0 | 62310 | 0 | 5175 | 0 | 23310 | 0 | 0 | 0 | 266505 | 0 |
| David D Easley | |||||||||||
| 131403 | 0 | 13129 | 0 | 0 | 0 | 15113 | 0 | 0 | 0 | 159645 | 0 |
| William V Bristow | |||||||||||
| 99660 | 0 | 10025 | 0 | 0 | 0 | 11949 | 0 | 0 | 0 | 121634 | 0 |
| Jack R McCarty | |||||||||||
| 87000 | 0 | 13256 | 0 | 0 | 0 | 10440 | 0 | 0 | 0 | 110696 | 0 |
| Judson H Skelton | |||||||||||
| 92065 | 0 | 15504 | 0 | 0 | 0 | 11048 | 0 | 0 | 0 | 118617 | 0 |
| James V Hemphill IV | |||||||||||
| 95833 | 0 | 11989 | 0 | 0 | 0 | 11500 | 0 | 0 | 0 | 119322 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Schedule J, Part I: | Tax indemnification and gross up payments: | 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. |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 865 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoods |
Cars And Other Vehicles CarsAndOtherVehicles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 8025 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 48 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2383523 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Stock Quote | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 55000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal - FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real Estate Commercial | RealEstateCommercial |
Real Estate Other RealEstateOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1077450 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal - FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collectibles | Collectibles |
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 281700 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | 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 | 4650 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Livestock | 4 | 33500 | FMV |
| X | Equipment | 5 | 51023 | FMV |
| X | Software | 6 | 1271470 | FMV |
| X | Furniture/Misc | 71 | 125038 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 6 | 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 | Part I, Line 32b: | Identifier |
| Explanation | The Foundation hires a stock broker and real estate agents to sell stock and real estate that is given. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Page 1, Part I, Line 1: | 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 Martin and Mary Childs - Family Relationship |
| Form 990, Page 6, Part VI, Section B, Line 11b: | The Foundation's Executive Committee conducts the primary inspection of the Form 990 and the full board of directors will review it annually at its spring meeting. It will be 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. |
| 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 12, Part XI, Line 5: | Unrealized gain on investments $43,448,502 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MS State Investment Pool | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 423 Mississippi | AddressLine1 |
| City | State | City |
| State | MS | State |
| ZIP Code | 39762 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640869097 | EIN |
| Primary Activity | Investments | PrimaryActivity |
| Legal Domicile State | MS | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | Investment | PredominantIncomeType |
| Share Of Total Income | 4377607 | ShareOfTotalIncome |
| Share Of EOY Assets | 206887576 | ShareOfEOYAssets |
| Disproportionate Allocations | false | DisproportionateAllocations |
| Code V | $7,803 | CodeVAmount |
| General Or Managing Partner | true | GeneralOrManagingPartner |
| Percentage Ownership | 0.84050 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | 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 |
| 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 | false | 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 | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| Mississippi State Investment Pool | |
| b | 15459500 |
| Mississippi State Investment Pool | |
| r | 11658490 |