Civic Intelligence

Morehead State University Foundation Inc

EIN 31-1003236 • 501(c)3 • Morehead, KY

Profile

The mission of morehead foundation is to prudently administer all assets of the foundation and/or morehead state university as provided by federal and state law and regulation and through fiduciary responsibility between the university and the foundation, to promote educational purposes in connection with or at the request of the university by encouraging, sponsoring and supporting institutional priorities, to provide advice, consultation and support to the president and the board of regents of morehead state university, and to provide volunteer leadership to morehead state university's fund raising programs and to assist other institutional advancement efforts.

150 University BlvdMorehead, KY 40351

www.moreheadstate.edu/FOUNDATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

38th percentile

0.14x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.98x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

89th percentile

47%

Higher net margin than 89% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

64th percentile

10%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2025

Revenue Growth

86th percentile

41%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$91,976,128

Up $6,951,030 (+8.2%) from 2024

Liabilities

Down

$12,577,591

Down $632,346 (-4.8%) from 2024

Net Assets

Up

$79,398,537

Up $7,583,376 (+11%) from 2024

Operations
Liabilities / Revenue75th percentileNet Margin89th percentile

Revenue

Up

$12,815,744

Up $2,624,588 (+26%) from 2024

Expenses

Up

$6,752,177

Up $58,250 (+0.9%) from 2024

Net Income

Up

$6,063,567

Up $2,566,338 (+73%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2010: $29,941,509Liabilities 2010: $12,252,355Net Assets 2010: $17,689,1542010Assets 2011: $39,675,914Liabilities 2011: $13,202,351Net Assets 2011: $26,473,5632011Assets 2012: $39,279,791Liabilities 2012: $13,405,330Net Assets 2012: $25,874,4612012Assets 2013: $42,252,824Liabilities 2013: $13,290,307Net Assets 2013: $28,962,5172013Assets 2014: $51,610,073Liabilities 2014: $13,380,768Net Assets 2014: $38,229,3052014Assets 2015: $51,000,570Liabilities 2015: $14,805,304Net Assets 2015: $36,195,2662015Assets 2016: $46,011,534Liabilities 2016: $11,796,707Net Assets 2016: $34,214,8272016Assets 2017: $53,389,649Liabilities 2017: $11,804,789Net Assets 2017: $41,584,8602017Assets 2018: $54,732,807Liabilities 2018: $11,632,125Net Assets 2018: $43,100,6822018Assets 2019: $56,100,714Liabilities 2019: $11,672,215Net Assets 2019: $44,428,4992019Assets 2020: $59,808,708Liabilities 2020: $11,472,543Net Assets 2020: $48,336,1652020Assets 2021: $74,127,957Liabilities 2021: $11,889,209Net Assets 2021: $62,238,7482021Assets 2022: $71,026,535Liabilities 2022: $11,420,713Net Assets 2022: $59,605,8222022Assets 2023: $75,848,542Liabilities 2023: $12,097,351Net Assets 2023: $63,751,1912023Assets 2024: $85,025,098Liabilities 2024: $13,209,937Net Assets 2024: $71,815,1612024Assets 2025: $91,976,128Liabilities 2025: $12,577,591Net Assets 2025: $79,398,5372025

Highlighted filing

2025

Assets$91,976,128
Liabilities$12,577,591
Net Assets$79,398,537
Open 2025 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,214,2582010Expenses 2011: $3,071,6532011Expenses 2012: $5,312,5822012Expenses 2013: $2,948,1962013Revenue 2014: $9,208,370Expenses 2014: $3,956,177Net Income 2014: $5,252,1932014Revenue 2015: $4,876,629Expenses 2015: $5,826,766Net Income 2015: -$950,1372015Revenue 2016: $5,488,009Expenses 2016: $5,854,205Net Income 2016: -$366,1962016Revenue 2017: $11,260,145Expenses 2017: $4,189,699Net Income 2017: $7,070,4462017Revenue 2018: $5,888,184Expenses 2018: $4,676,208Net Income 2018: $1,211,9762018Revenue 2019: $6,240,724Expenses 2019: $5,153,766Net Income 2019: $1,086,9582019Revenue 2020: $9,754,504Expenses 2020: $3,979,488Net Income 2020: $5,775,0162020Revenue 2021: $4,891,243Expenses 2021: $3,294,665Net Income 2021: $1,596,5782021Revenue 2022: $5,625,447Expenses 2022: $4,860,752Net Income 2022: $764,6952022Revenue 2023: $6,483,169Expenses 2023: $6,288,780Net Income 2023: $194,3892023Revenue 2024: $10,191,156Expenses 2024: $6,693,927Net Income 2024: $3,497,2292024Revenue 2025: $12,815,744Expenses 2025: $6,752,177Net Income 2025: $6,063,5672025

Highlighted filing

2025

Revenue$12,815,744
Expenses$6,752,177
Net Income$6,063,567
Open 2025 Filing

Filings

Most recent year

2025 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$91,976,128
Liabilities
$12,577,591
Net assets
$79,398,537
Revenue
$12,815,744
Expenses
$6,752,177
Net income
$6,063,567
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$92.0$12.6$79.4$12.8$6.75$6.06
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$85.0$13.2$71.8$10.2$6.69$3.50
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.8$12.1$63.8$6.48$6.29$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.0$11.4$59.6$5.63$4.86$0.76
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$74.1$11.9$62.2$4.89$3.29$1.60
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.8$11.5$48.3$9.75$3.98$5.78
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.1$11.7$44.4$6.24$5.15$1.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.7$11.6$43.1$5.89$4.68$1.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.4$11.8$41.6$11.3$4.19$7.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.0$11.8$34.2$5.49$5.85$0.37
2015Detailed filing. Detailed filing data is available for this year.$51.0$14.8$36.2$4.88$5.83$0.95
2014Detailed filing. Detailed filing data is available for this year.$51.6$13.4$38.2$9.21$3.96$5.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.3$13.3$29.0$2.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.3$13.4$25.9$5.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.7$13.2$26.5$3.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.9$12.3$17.7$3.21
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 26, 2023
Return Version
2022v5.0
Gross Receipts
$6,537,456
Mission and Program Overview

Mission

The mission of morehead foundation is to prudently administer all assets of the foundation and/or morehead state university as provided by federal and state law and regulation and through fiduciary responsibility between the university and the foundation, to promote educational purposes in connection with or at the request of the university by encouraging, sponsoring and supporting institutional priorities, to provide advice, consultation and support to the president and the board of regents of morehead state university, and to provide volunteer leadership to morehead state university's fund raising programs and to assist other institutional advancement efforts.

Support of morehead state university through fundraising and administrative support

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$55,748,389$56,178,539▲ $430,150
Investments in Publicly Traded Securities$10,047,809$15,477,081▲ $5,429,272
Pledges and Grants Receivable$4,160,077$3,185,861▼ $974,216
Savings and Temporary Cash Investments$540,663$569,037▲ $28,374
Cash and Non-Interest-Bearing Accounts$482,672$363,703▼ $118,969
Land, Buildings, and Equipment, Net$46,925$61,008▲ $14,083
Prepaid Expenses and Deferred Charges$0$7,608▲ $7,608
Accounts Receivable-$5,705-
Total Assets$71,026,535$75,848,542▲ $4,822,007
Liabilities
Other Liabilities$11,406,188$12,093,339▲ $687,151
Accounts Payable and Accrued Expenses$14,525$4,012▼ $10,513
Total Liabilities$11,420,713$12,097,351▲ $676,638
Net Assets / Fund Balance
Net Assets With Donor Restrictions$60,939,537$65,044,652▲ $4,105,115
Net Assets Without Donor Restrictions$-1,333,715$-1,293,461▲ $40,254
Total Net Assets Fund Balance$59,605,822$63,751,191▲ $4,145,369
Total Liabilities and Net Assets / Fund Balance$71,026,535$75,848,542▲ $4,822,007

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$61,008$153,433$214,441
Other Securities$5,642,157--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$56,141,302$3,231,484▲ $4,557,565$1,813,122$62,117,229
2021$58,002,224-▲ $76,191$1,937,113$56,141,302
2020$45,109,704$1,039,537▲ $13,032,827$1,179,844$58,002,224
2019$43,413,305$4,247,829▼ $1,894,816$656,614$45,109,704
2018$41,885,094$1,737,475▲ $1,866,898$2,076,162$43,413,305
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
Mr Jack MatthewsChair
Mr Perry AllenVice Chair
Mr Andre PrefontaineTrustee
Mr Andrew JonesTrustee
Mr Brett TraverTrustee
Mr Brian G NurickTrustee
Mr Brian McbrayerTrustee
Mr Christopher WrightTrustee
Mr Gary MitchellTrustee
Mr James JenningsTrustee
Mr John MerchantTrustee
Mr Jon HarvilleTrustee
Mr Kenneth AlexanderTrustee
Mr Kevin JohnsTrustee
Mr Ronald CarteeTrustee
Mr Ronald CooperTrustee
Ms Barbara IsonTrustee
Ms Heather ThompsonTrustee
Ms Janice TowlesTrustee
Ms Peggy OsborneTrustee
Mr Rick HesterbergFoundation, CEO
Mr Bob AlbertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,928,535
Program Service Revenue
$0
Investment Income
$858,150
Other Revenue
$696,484
All Other Contributions
$4,881,290
Change in Net Assets
$194,389

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$468,829Fair Market Value
Other Non Cash Contri Table1$65,000Fair Market Value
Other Non Cash Contri Table4$18,338Fair Market Value
Works of Art2$9,200Fair Market Value
Other Non Cash Contri Table2$3,850Fair Market Value
Other Non Cash Contri Table1$2,250Fair Market Value
Total Noncash Contributions13$567,467-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,021,894
Revenue Not Reported on Financial Statements
$461,275
Revenue Not Reported on Form 990
$4,209,549
Other Revenue Adjustments
$118,606
Total Revenue per Audited Statements
$10,231,443
Total Revenue per Form 990
$6,483,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,315,384
Other Expenses$1,945,999
Total Fundraising Expense$38,803
Salaries, Compensation, and Employee Benefits$27,397
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,995,922--$2,995,922
Grants to Domestic Individuals$1,319,462--$1,319,462
Fees for Service Investment Mgmnt Fees-$342,669-$342,669
Other Expenses$105,163$17,834-$122,997
All Other Expenses$34,660$44,572$38,803$118,035
Other Salaries and Wages-$25,301-$25,301
Fees for Services Accounting-$25,051-$25,051
Depreciation Depletion$24,708--$24,708
Travel$24,546--$24,546
Insurance$1,678$11,844-$13,522
Fees for Services Legal-$12,781-$12,781
Payroll Taxes-$2,096-$2,096
Total Functional Expenses$5,582,799$667,178$38,803$6,288,780

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,288,780
Total Expenses per Audited Statements$6,086,074
Expenses per Audited Statements$5,946,111
Expenses Not Reported on Financial Statements$342,669
Expenses Not Reported on Form 990$139,963
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Morehead State UniversityMorehead, KY115Support of the University$2,995,922

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$54,287
Fundraising Gross Income$41,323
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Celebration$75,915$32,070$31,764$306
Eagle Golf Outing$12,653$9,253$310$8,943
Total Events$88,568$41,323$54,287$-12,964
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held in Trust for Morehead State University$11,052,195
Annuity Payable$563,361
Due to Morehead State University$477,783
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The audit committee reviews the year-end audit report and the independent auditors deliver the audit report to the full board. Once the 990 is compiled from the audited financials, it is reviewed by the foundation's treasurer and signed and submitted. At the board meeting following the submission of the 990, it is announced to the board that it has been filed and available for them to view on the foundation's web page.”

Form 990, Part VI, Section B, Line 12C

“The financial management and investment policy contains the conflict of interest policy and at each board meeting it is requested that each member of the board adhere to each policy listed.”

Form 990, Part VI, Section B, Line 15

“Morehead state university is the employer for all msu-f employees. In contract with the foundation, msu has the full power, authority and responsibility to employ, train, supervise, evaluate and discharge staff persons. All wages, compensation and benefits provided to the staff are determined by msu and are based on qualifications and job performance assessed annually. Msu monitors asae industry medians for trade association compensation.”

Form 990, Part VI, Section C, Line 19

“The organization's website can be used to view the governing documents, conflict of interest policy within the financial management & investment policy manual, and its financial statements.”

Filing and Contact Details

Filer

Filer Name
Morehead State University Foundation
EIN
31-1003236
Phone
6067832599
Address
150 UNIVERSITY BLVD, MOREHEAD, KY 40351

Signing Officer

Name
Richard L Hesterberg
Title
CEO
Phone
6067832599
Signed
2023-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard L Hesterberg
Formed
1979
Legal Domicile
Ky
Voting Board Members
22
Independent Board Members
22
Employees
3
Volunteers
22

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
250 W MAIN STREET STE 1400, LEXINGTON, KY 40507
Preparer
Allison C Carter
Phone
8592552341
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Annuity adjustment liability -118,606.”

FORM 990, PART XII, LINE 2C:

“The organization did not change either its oversight process or selection process during the tax year.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 54,287.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Annuity liability adjustment 118,606.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 54,287.”

Raw XML AppendixShowing 400 of 730 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/PersonNm0MR JACK MATTHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm1MR PERRY ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm2MR BOB ALBERT
IRS990/Form990PartVIISectionAGrp/PersonNm3MR RICK HESTERBERG
IRS990/Form990PartVIISectionAGrp/PersonNm4MR KENNETH ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm5MR RONALD CARTEE
IRS990/Form990PartVIISectionAGrp/PersonNm6MR RONALD COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm7MR JON HARVILLE
IRS990/Form990PartVIISectionAGrp/PersonNm8MR KEVIN JOHNS
IRS990/Form990PartVIISectionAGrp/PersonNm9MR ANDREW JONES
IRS990/Form990PartVIISectionAGrp/PersonNm10MR JOHN MERCHANT
IRS990/Form990PartVIISectionAGrp/PersonNm11MR GARY MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm12MR BRIAN G NURICK
IRS990/Form990PartVIISectionAGrp/PersonNm13MR ANDRE PREFONTAINE
IRS990/Form990PartVIISectionAGrp/PersonNm14MS HEATHER THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm15MS JANICE TOWLES
IRS990/Form990PartVIISectionAGrp/PersonNm16MR CHRISTOPHER WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm17MR JAMES JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm18MR BRIAN MCBRAYER
IRS990/Form990PartVIISectionAGrp/PersonNm19MS PEGGY OSBORNE
IRS990/Form990PartVIISectionAGrp/PersonNm20MS BARBARA ISON
IRS990/Form990PartVIISectionAGrp/PersonNm21MR BRETT TRAVER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3FOUNDATION, CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt047245
IRS990/FundraisingDirectExpensesAmt054287
IRS990/FundraisingGrossIncomeAmt041323
IRS990/GainOrLossGrp/SecuritiesAmt0280770
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantAmt02568437
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01319462
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IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02995922
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02995922
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0280770
IRS990/GrossReceiptsAmt06537456
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt011844
IRS990/InsuranceGrp/ProgramServicesAmt01678
IRS990/InsuranceGrp/TotalAmt013522
IRS990/InvestmentIncomeGrp/ExclusionAmt0560792
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0577380
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IRS990/InvestmentInJointVentureInd00
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt056178539
IRS990/InvestmentsPubTradedSecGrp/BOYAmt010047809
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IRS990/IRPDocumentCnt077
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0153433
IRS990/LandBldgEquipBasisNetGrp/BOYAmt046925
IRS990/LandBldgEquipBasisNetGrp/EOYAmt061008
IRS990/LandBldgEquipCostOrOtherBssAmt0214441
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE MARGIN OF EXCELLENCE OPPORTUNITY FUNDING TO MOREHEAD STATE UNIVERSITY IN AN EFFORT TO ASSIST MSU IN REACHING ITS ESTABLISHED GOALS. THE MISSION OF MOREHEAD FOUNDATION IS TO PRUDENTLY ADMINISTER ALL ASSETS OF THE FOUNDATION AND/OR MOREHEAD STATE UNIVERSITY AS PROVIDED BY FEDERAL AND STATE LAW AND REGULATION AND THROUGH FIDUCIARY RESPONSIBILITY BETWEEN THE UNIVERSITY AND THE FOUNDATION, TO PROMOTE EDUCATIONAL PURPOSES IN CONNECTION WITH OR AT THE REQUEST OF THE UNIVERSITY BY ENCOURAGING, SPONSORING AND SUPPORTING INSTITUTIONAL PRIORITIES, TO PROVIDE ADVICE, CONSULTATION AND SUPPORT TO THE PRESIDENT AND THE BOARD OF REGENTS OF MOREHEAD STATE UNIVERSITY, AND TO PROVIDE VOLUNTEER LEADERSHIP TO MOREHEAD STATE UNIVERSITY'S FUND RAISING PROGRAMS AND TO ASSIST OTHER INSTITUTIONAL ADVANCEMENT EFFORTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt059605822
IRS990/NetAssetsOrFundBalancesEOYAmt063751191
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0280770
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0280770
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-12964
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-12964
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt04069586
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1293461
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0567467
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IRS990/OfficerMailingAddressInd00
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-118606
IRS990/OtherExpensesGrp/Desc0INCOME TAXES
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSE & SUPPO
IRS990/OtherExpensesGrp/Desc2SOFTWARE AND MAINTENANC
IRS990/OtherExpensesGrp/Desc3OPERATING EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011486
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1173544
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt217834
IRS990/OtherExpensesGrp/ProgramServicesAmt01076660
IRS990/OtherExpensesGrp/ProgramServicesAmt1105163
IRS990/OtherExpensesGrp/TotalAmt011486
IRS990/OtherExpensesGrp/TotalAmt11076660
IRS990/OtherExpensesGrp/TotalAmt2173544
IRS990/OtherExpensesGrp/TotalAmt3122997
IRS990/OtherLiabilitiesGrp/BOYAmt011406188
IRS990/OtherLiabilitiesGrp/EOYAmt012093339
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0MSU EVENTS
IRS990/OtherRevenueMiscGrp/Desc1ATHLETIC INCOME
IRS990/OtherRevenueMiscGrp/Desc2UNDERWRITING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0460344
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1206712
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt216745
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0460344
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1206712
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt216745
IRS990/OtherRevenueTotalAmt0683801
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025301
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IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02096
IRS990/PayrollTaxesGrp/TotalAmt02096
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04160077
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03185861
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07608
IRS990/PrincipalOfficerNm0RICHARD L HESTERBERG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIP FUND - PROVIDED SCHOLARSHIPS FOR ELIGIBLE STUDENTS AT MOREHEAD STATE UNIVERSITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01319462
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01319462
IRS990/ProgSrvcAccomActy3Grp/Desc0EAGLE ATHLETIC FUND - PROVIDED ASSISTANCE TO THE VARIOUS SPORTS PROGRAMS AT MOREHEAD STATE UNIVERSITY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0991972
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0427485
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0206712
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ENDOWMENT FUND - PROVIDED SUPPORT TO MOREHEAD STATE UNIVERSITY FOR PROFESSORSHIPS, CHAIRS, AND RESEARCH PROJECTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0702928
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04661990
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03610228
IRS990/PYInvestmentIncomeAmt0642769
IRS990/PYOtherExpensesAmt01219063
IRS990/PYOtherRevenueAmt0320688
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0764695
IRS990/PYSalariesCompEmpBnftPaidAmt031461
IRS990/PYTotalExpensesAmt04860752
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05625447
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0194389
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
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IRS990/ReportProgramRelatedInvstInd00
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IRS990/RoyaltiesRevenueGrp/ExclusionAmt025647
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0540663
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0569037
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04928535
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04661990

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