2026-05-13T13:39:33-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 6320 CANOGA AVENUE 17TH FLOOR WOODLAND HILLS CA 91367 990 2024-07-01 860193726 NORTHERN ARIZONA UNIVERSITY FOUNDATION NORT 9285232012 620 S KNOLES FLAGSTAFF AZ 86011 JOSEPH WAGNER CFO 9285232012 2026-05-12 1 1 LAUREN A HAVERLOCK P00545829 8185771900 2024 2025-03-06 01:10:19Z NICHOLAS LOBEJKO 620 S KNOLES FLAGSTAFF AZ 86011 107163630 0 X FOUNDATIONNAU.ORG X 1959 AZ PROMOTE THE UNIVERSITY'S MISSION, ENHANCE ITS RECOGNITION AND FOSTER INVESTMENT BY ENGAGING IN MEANINGFUL RELATIONSHIPS. 18 18 39 900 0 0 17413011 26605130 153282 152810 8320151 61115745 1284749 1084181 27171193 88957866 20838986 19740674 0 0 0 3789303 271444 44000 7935707 7463142 8360920 28573572 31934897 -1402379 57022969 310465288 400791572 53077858 60757117 257387430 340034455 X ADVANCE THE UNIVERSITY THROUGH FOSTERING RELATIONSHIPS, INSPIRING INVESTMENT AND STEWARDSHIP. 0 0 20381553 19740674 152810 THE NORTHERN ARIZONA UNIVERSITY FOUNDATION ("NAUF") IS DEDICATED TO ADVANCING THE UNIVERSITY THROUGH FOSTERING RELATIONSHIPS, INSPIRING INVESTMENT, AND PROVIDING STEWARDSHIP. NAUF HAS HAD ONE OF ITS LARGEST FUNDRAISING YEARS IN HISTORY, PROPELLING THE UNIVERSITY IN TRANSFORMINGLIVES AND ENRICHING COMMUNITIES. DONOR ENDOWMENTS PROVIDED OVER $4 MILLION TO SUPPORT NAU, ADVANCING ACADEMIC MOMENTUM, SUPPORTING STUDENT SUCCESS, IMPROVING POST-COLLEGE OUTCOMES, AND BRINGING VITALITY TO THE ECONOMY AND COMMUNITIES OF ARIZONA AND BEYOND. TO EMPOWER STUDENTS AND HELP THEM ACHIEVE THEIR ASPIRATIONS, THE NAUF AWARDED OVER 2,300 OR OVER $4 MILLION IN SCHOLARSHIPS. APPROXIMATELY $22 MILLION IN DONOR INVESTMENTS SUPPORTED NAU'S COLLEGES AND DEPARTMENTS, REFLECTING THE UNIVERSITY'S DISTINCTIVE EXCELLENCE OF HIGH-QUALITY ACADEMIC PROGRAMS, EXPERIENTIAL LEARNING OPPORTUNITIES, AND MISSION-DRIVEN FACULTY AND STAFF, EQUIPPING LUMBERJACKS WITH THE KNOWLEDGE AND SKILLS FOR A THRIVING FUTURE. 20381553 1 1 0 0 0 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 343 0 1 39 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CO HI IL MA MD ME MI MN NH NJ NY OH OK OR UT WA X X JOE WAGNER 9285238424 620 S KNOLES FLAGSTAFF AZ 86011 NICHOLAS LOBEJKO CEO 40.00 X 295937 0 57595 JENNIFER STEVENSON CFO (THRU 01/25) 40.00 X 226893 0 47419 AMY LYNN PHILLIPS AVP 40.00 X 194982 0 59675 ELIZABETH ROCK AVP 40.00 X 193451 0 48243 NICHOLAS DOLCE AVP 40.00 X 188288 0 39855 PETER ZEMAN DIRECTOR, IT 40.00 X 171710 0 37523 PAMELA RAMOS DIRECTOR, UNIVERSITY DEVELOPMENT 40.00 X 147965 0 40326 KAREN STALEY DIRECTOR, UNIVERSITY DEVELOPMENT 40.00 X 127911 0 36745 SHANNAN RICE AVP, PLANNED GIVING 40.00 X 123135 0 36884 LEAH BLOOM DIRECTOR, UNIVERSITY DEVELOPMENT 40.00 X 130494 0 15828 JOSEPH WAGNER CFO (AS OF 06/25) 40.00 X 0 0 0 VICTORIA FIMEA CHAIR 6.00 X X 0 0 0 LISA BAGWELL VICE CHAIR 2.00 X X 0 0 0 ROBIN BRAUN TREASURER 3.00 X X 0 0 0 AMY PENA SECRETARY 2.00 X X 0 0 0 DAVE FRANKE PAST CHAIR 0.50 X X 0 0 0 GEORGE ADAMS DIRECTOR 1.00 X 0 0 0 BOB BEMENT DIRECTOR 1.00 X 0 0 0 ROBERT BRAUDY DIRECTOR 1.50 X 0 0 0 DON BROOKS DIRECTOR 1.00 X 0 0 0 BOOKER EVANS DIRECTOR 3.00 X 0 0 0 BILL HEIBEL DIRECTOR 1.00 X 0 0 0 TIM KINNEY DIRECTOR 1.00 X 0 0 0 THOMAS PERKINS DIRECTOR 1.00 X 0 0 0 RICK RODRIQUEZ DIRECTOR 3.00 X 0 0 0 KATRINA ROGERS DIRECTOR 1.00 X 0 0 0 TONY TEWELIS DIRECTOR 1.00 X 0 0 0 TERESA BARTELS DIRECTOR 1.00 X 0 0 0 ERIC BAKER DIRECTOR 1.50 X 0 0 0 1800766 0 420093 16 0 1 0 ELLUCIAN COMPANY 2003 EDMUND HALLEY DRIVE RESTON VA 20191 IT IMPLEMENTATION SERVICES 303365 YOUR PART-TIME CONTROLLER ONE RENAISSANCE TOWER 2N CENTRAL A PHOENIX AZ 85004 ACCOUNTING SERVICES 207340 2 122404 26482726 955729 26605130 ALUMNI CHAPTER EVENTS 900099 152810 152810 152810 5255834 5255834 936220 936220 17968206 55890000 17998295 0 -30089 55890000 55859911 55859911 255043 122404 207469 47574 47574 OTHER MISC REVENUE 900099 92629 92629 PREMIUMS 900099 7758 7758 100387 88957866 152810 0 62199926 15239270 15239270 4501404 4501404 1142714 608867 533847 1028698 170984 857714 445558 81876 104666 259016 794664 334278 206359 254027 377669 53741 105824 218104 82045 82045 307313 307313 44000 44000 224201 224201 276805 276805 251415 251415 188153 188153 90880 90880 161272 161272 27794 27794 79801 79801 PUBLIC RELATIONS 6626713 6626713 PROFESSIONAL DEVELOPMEN 27732 27732 BANK CHARGES 16796 16796 31934897 20381553 3617637 7935707 3044691 9837462 11394791 18469684 243634 59312 40875 144918 0 0 280509505 356742057 450961 184324 14780831 15353815 310465288 400791572 2592119 5313991 868415 0 47575554 53397139 2041770 2045987 53077858 60757117 X 11576654 67527213 245810776 272507242 257387430 340034455 310465288 400791572 X 57022969 25214205 409851 X 0 1 X 1 0 X 15350607 21202989 20683814 17413011 26603742 101254163 15350607 21202989 20683814 17413011 26603742 101254163 22548896 78705267 5316870 4820579 4771836 6166940 6192054 27268279 18584 47574 66158 2847 44753 6729 67546 100387 222262 128810862 710931 0.61100 0.61640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 250 0 0 X 0 0 1 X 194409128 14502156 24194141 575081 5523109 227007235 176613896 4118628 20818782 4700076 2442102 194409128 154220034 7033119 22737061 4697915 2678403 176613896 191169979 8172929 -35175771 4867037 5080066 154220034 127323879 10146336 47724822 4068304 2486206 178640527 0.08000 0.86000 0.06000 0 0 0 DUE TO NORTHERN ARIZONA UNIVERSITY 10085 LIABILITIES UNDER SPLIT-INTEREST AGREEMENTS 2035902 2045987 X 118165190 25214205 3600000 411364 29225569 88939621 224201 -205956 18245 88957866 35518165 3600000 207469 3807469 31710696 224201 224201 31934897 PART III, LINE 4: THE ART EXHIBIT IS TO FURTHER ENHANCE THE EDUCATIONAL VALUE OF THE STUDENTS OF NORTHERN ARIZONA UNIVERSITY. OUR PURPOSE IS TO SUPPORT NORTHERN ARIZONA UNIVERSITY IN THEIR MISSION T0 PROVIDE SUPERIOR EDUCATION TO THEIR STUDENTS. PART IV, LINE 2B: NORTHERN ARIZONA UNIVERSITY FOUNDATION, INC. ADMINISTERS VARIOUS FUNDS FOR NORTHERN ARIZONA UNIVERSITY AND NAU PARENT'S ASSOCIATION. NORTHERN ARIZONA UNIVERSITY AND NAU PARENT'S ASSOCIATION MAINTAIN OWNERSHIP OF THEIR RESPECTIVE FUNDS. ASSETS HELD ON BEHALF OF NORTHERN ARIZONA UNIVERSITY WERE $53,072,377. ASSETS HELD ON BEHALF OF NAU PARENT'S ASSOCIATION WERE $325,612. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO PROVIDE LONG-TERM SUPPORT FOR NORTHERN ARIZONA UNIVERSITY. PART X, LINE 2: NAU FOUNDATION IS ORGANIZED AS AN ARIZONA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1). CONTRIBUTIONS TO IT QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A). NAU FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, NAU FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. NAU FOUNDATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS, OR ITS ARIZONA EQUIVALENT (FORM 99-T) WITH THE ARIZONA DEPARTMENT OF REVENUE. NAUV AND NAREH ARE ORGANIZED AS SINGLE-MEMBER, LIMITED LIABILITY CORPORATIONS AND ARE DISREGARDED AS ENTITIES SEPARATE FROM NAU FOUNDATION FOR INCOME TAX PURPOSES. NAU FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN BY THE COMBINED ENTITY, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. NAU FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST 61,948. CHANGE IN VALUE OF LIFE INSURANCE 100,556. CHANGE IN VALUE OF BENEFICIAL INTEREST 248,860. PART XI, LINE 4B - OTHER ADJUSTMENTS: PLEDGE WRITE-OFFS 1,513. SPECIAL EVENT EXPENSE -207,469. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 207,469. X X X X X X 1 PLANNED GIVING INTERACTIVE 14260 W NEWBERRY ROAD 215 NEWBERRY FL 32669 CAMPAIGN PLANNING 0 0 40000 0 HURON CONSULTING GROUP LLC 550 W VAN BUREN STREET NO 1700 CHICAGO IL 60607 CAMPAIGN PLANNING 0 0 4000 0 44000 AL AR AZ CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN MS NC ND NJ NH NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV HRM GOLF TOURNAMENT 172405 4564 167841 46934 5452 6155 BEN AVERY SPORTING CLAY TOURNAMENT 73000 52000 21000 5436 13947 7421 2 132042 65840 66202 11347 89393 400 20984 377447 122404 255043 63717 108792 400 34560 207469 47574 1 NORTHERN ARIZONA UNIVERSITY 600 S KNOLES DR FLAGSTAFF AZ 86011 742579628 501(C)(3) 15225270 14000 FMV/APPRAISAL ARTWORK EDUCATION SUPPORT 1 0 SCHOLARSHIPS 2389 4501404 PART I, LINE 2: THE FOUNDATION AND THE UNIVERSITY HAVE WRITTEN POLICIES FOR THE DISTRIBUTION OF PROGRAM AND SCHOLARSHIP FUNDS. THE FOUNDATION EMPLOYS PROFESSIONAL STAFF THAT REVIEWS AND APPROVES ALL EXPENDITURES. THE UNIVERSITY DEPARTMENTS RECEIVING GRANTS, INCLUDING THE FINANCIAL AID DEPARTMENT WHO RECEIVES THE SCHOLARSHIPS ON BEHALF OF THE STUDENTS, AND THE FOUNDATION HAVE JOINT RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS ONCE THE FUNDS HAVE BEEN TRANSFERRED TO THE DEPARTMENTS. X X X X 0 0 0 0 0 0 0 1 0 NICHOLAS LOBEJKO CEO 266532 0 29405 0 0 0 20716 0 36879 0 353532 0 0 0 JENNIFER STEVENSON CFO (THRU 01/25) 203819 0 23074 0 0 0 15851 0 31568 0 274312 0 0 0 AMY LYNN PHILLIPS AVP 175470 0 19512 0 0 0 23685 0 35990 0 254657 0 0 0 ELIZABETH ROCK AVP 173697 0 19754 0 0 0 13877 0 34366 0 241694 0 0 0 NICHOLAS DOLCE AVP 172589 0 15699 0 0 0 12566 0 27289 0 228143 0 0 0 PETER ZEMAN DIRECTOR, IT 154746 0 16964 0 0 0 12020 0 25503 0 209233 0 0 0 PAMELA RAMOS DIRECTOR, UNIVERSITY DEVELOPMENT 133241 0 14724 0 0 0 17947 0 22379 0 188291 0 0 0 KAREN STALEY DIRECTOR, UNIVERSITY DEVELOPMENT 127911 0 0 0 0 0 15516 0 21229 0 164656 0 0 0 SHANNAN RICE AVP, PLANNED GIVING 112320 0 10815 0 0 0 14934 0 21950 0 160019 0 0 0 PART I, LINE 7 BONUSES ARE DISCRETIONARY AND AWARDED TO EMPLOYEES FOR MEETING CERTAIN METRICS OF THE ORGANIZATION. X 1 12000 APPRAISAL X 2 2000 FMV X 37 926325 FMV X ROBOTICS 2 8000 FMV X LODGING VOUCHERS 4 6404 FMV X ADMISSIONS VOUCHERS 2 700 FMV X MEALS 1 300 FMV 1 0 1 0 PART I, COLUMN (B): SCHEDULE M, COLUMN B IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT FORM 990 IS GIVEN TO THE BOARD FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY GOVERNS CERTAIN CONFLICT OF INTEREST TRANSACTIONS BETWEEN THE CORPORATION AND DIRECTORS (AND THEIR RELATIVES), OFFICERS AND THEIR AFFILIATES. THE POLICY IS REDISTRIBUTED ANNUALLY, ALONG WITH A VENDOR LIST, FOR CONFIRMATION OF ANY POSSIBLE CONFLICTS OF INTEREST THAT MAY HAVE BECOME A RISK. IF THERE IS ANY RISK, IT IS ADDRESSED AT THAT TIME. ON AN ONGOING BASIS, IF ANY CONFLICT OF INTEREST IS RECOGNIZED, IT IS INVESTIGATED AND DEALT WITH ACCORDINGLY THROUGH ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS STRUCTURED IN ALIGNMENT WITH NAU HUMAN RESOURCES CLASSIFICATION AND PEER BENCHMARK DATA. ADJUSTMENTS TO THE CEO'S COMPENSATION ARE DETERMINED BY THE NAUF BOARD CHAIR THROUGH THE ANNUAL PERFORMANCE REVIEW PROCESS, WITH RECOMMENDATIONS FORWARDED TO THE UNIVERSITY PRESIDENT FOR FINAL APPROVAL. PERFORMANCE REVIEW CONSIDERS MARKET COMPARATORS BY ENDOWMENT SIZE AND FUNDRAISING PRODUCTIVITY, AS WELL AS THE CEO'S LEADERSHIP OF THE NAUF RELATIVE TO ESTABLISHED GOALS. THE OUTCOME OF EACH REVIEW IS DOCUMENTED IN WRITING. OTHER STAFF ARE BENCHMARKED TO STUDIES PERFORMED BY GG+A HURON (2023) AND ANNUAL EAB SURVEY DATA THE FOUNDATION GAINS ACCESS TO BY PARTICIPATING (SPRING OF EACH YEAR) - DATA IS USED DURING SUMMER PERFORMANCE EVALUATIONS WHICH DRIVE BUDGET FIGURES THAT THE GOVERNING BOARD APPROVES. FORM 990, PART VI, SECTION C, LINE 19 THE ARTICLES OF INCORPORATION, BY-LAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND BY REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF LIFE INSURANCE 100,556. CHANGE IN VALUE OF BENEFICIAL INTEREST 248,860. CHANGE IN VALUE OF SPLIT INTEREST 61,948. PLEDGE WRITE-OFFS -1,513. 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