Civic Intelligence

Morehead State University Foundation Inc

990 • Fiscal year 2019 • EIN 31-1003236

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 11, 2019

150 University BlvdMorehead, KY 40351

(606) 783-2599

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

43rd percentile

0.21x

Higher debt load relative to assets than 43% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

1.87x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Net Margin

77th percentile

17%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

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

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Asset Growth

41st percentile

2.5%

Faster asset growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

58th percentile

6.0%

Faster revenue growth than 58% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Assets

Up

$56,100,714

Up $1,367,907 (+2.5%) from 2018

Net Assets

Up

$44,428,499

Up $1,327,817 (+3.1%) from 2018

Liabilities

Up

$11,672,215

Up $40,090 (+0.3%) from 2018

Revenue

Up

$6,240,724

Up $352,540 (+6.0%) from 2018

Expenses

Up

$5,153,766

Up $477,558 (+10%) from 2018

Net Income

Down

$1,086,958

Down $125,018 (-10%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2019

Assets$56,100,714
Liabilities$11,672,215
Net Assets$44,428,499

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$6,240,724
Expenses$5,153,766
Net Income$1,086,958
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$6,307,708
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$23,712,635$29,815,946▲ $6,103,311
Investments in Publicly Traded Securities$25,985,361$21,971,764▼ $4,013,597
Pledges and Grants Receivable$4,517,903$3,314,196▼ $1,203,707
Cash and Non-Interest-Bearing Accounts$308,764$746,374▲ $437,610
Land, Buildings, and Equipment, Net$208,144$222,577▲ $14,433
Accounts Receivable-$29,857-
Total Assets$54,732,807$56,100,714▲ $1,367,907
Liabilities
Other Liabilities$11,632,125$11,615,415▼ $16,710
Accounts Payable and Accrued Expenses-$56,800-
Total Liabilities$11,632,125$11,672,215▲ $40,090
Net Assets / Fund Balance
Permanently Rstr Net Assets$23,115,621$26,007,311▲ $2,891,690
Temporarily Rstr Net Assets$21,659,202$19,963,734▼ $1,695,468
Unrestricted Net Assets$-1,674,141$-1,542,546▲ $131,595
Total Net Assets Fund Balance$43,100,682$44,428,499▲ $1,327,817
Total Liabilities and Net Assets / Fund Balance$54,732,807$56,100,714▲ $1,367,907

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$54,825$195,409$250,234
Buildings$114,752$60,248$175,000
Land$53,000-$53,000
Other Securities$4,478,569--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$41,885,094$1,737,475▲ $1,866,898$2,076,162$43,413,305
2017$35,588,649$386,937▲ $6,776,054$866,546$41,885,094
2016$31,483,709$1,089,975▲ $3,907,328$892,363$35,588,649
2015$32,798,681$353,137▼ $743,196$924,913$31,483,709
2014$32,185,571$1,343,914▼ $205,211$525,593$32,798,681
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$3,517,361
Program Service Revenue
$0
Investment Income
$1,734,790
Other Revenue
$988,573
All Other Contributions
$3,471,406
Change in Net Assets
$1,086,958

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
Other Non Cash Contri Table3$414,500Fair Market Value
Other Non Cash Contri Table6$45,507Fair Market Value
Other Non Cash Contri Table26$42,783Fair Market Value
Other Non Cash Contri Table3$10,782Fair Market Value
Clothing and Household Goods-$1,500Fair Market Value
Total Noncash Contributions38$515,072-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,083,704
Revenue Not Reported on Financial Statements
$157,020
Revenue Not Reported on Form 990
$427,477
Other Revenue Adjustments
$157,020
Total Revenue per Audited Statements
$6,511,181
Total Revenue per Form 990
$6,240,724
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,865,967
Other Expenses$1,287,799
Total Fundraising Expense$45,468
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,941,702--$2,941,702
Grants to Domestic Individuals$924,265--$924,265
Fees for Service Investment Mgmnt Fees-$157,020-$157,020
All Other Expenses$85,988$17,456$45,468$148,912
Other Expenses$692,879$94,027-$94,027
Depreciation Depletion$23,874--$23,874
Fees for Services Accounting-$21,392-$21,392
Travel$14,079--$14,079
Insurance$5,302--$5,302
Fees for Services Legal-$4,000-$4,000
Office Expenses$2,183--$2,183
Total Functional Expenses$4,690,272$418,026$45,468$5,153,766

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,183,364
Total Expenses per Form 990$5,153,766
Expenses per Audited Statements$4,996,746
Expenses Not Reported on Form 990$186,618
Expenses Not Reported on Financial Statements$157,020
Other Expense Adjustments$157,020
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Morehead State UniversityMorehead, KY115Support of the University$2,941,702

International Summary

Offices
0
Employees
0
Spending
$171,325

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
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Investments-00$171,325
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$74,352
Fundraising Direct Expenses$66,984
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$77,078$32,073$19,694$12,379
Summer Event$10,910$10,710$922$9,788
Total Events$120,307$74,352$66,984$7,368
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$10,427,195
Annuity Payable$996,031
Due to Morehead State University$192,189
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 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
James a Shaw
Title
CEO
Phone
6067832599
Signed
2019-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James a Shaw
Formed
1979
Legal Domicile
Ky
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
23

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
106 W VINE STREET SUITE 600, LEXINGTON, KY 40507
Preparer
Allison C Carter
Phone
8592552341
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Annuity liability adjustment -184,284.

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:

Expenses netted against income on 990 66,983. Annuity liability adjustment -184,284.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Investment fees netted against income on financial statements 157,020.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses netted against income on 990 66,983.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Investment fees netted against income on financial statements 157,020.

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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/PersonNm17MR CHRISTOPHER WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm18MR ANDRE PREFONTAINE
IRS990/Form990PartVIISectionAGrp/PersonNm19MS JANICE TOWLES
IRS990/Form990PartVIISectionAGrp/PersonNm20MRS SHERRY SURMONT
IRS990/Form990PartVIISectionAGrp/PersonNm21MR RICK HESTERBERG
IRS990/Form990PartVIISectionAGrp/PersonNm22MR ROBERT L KING
IRS990/Form990PartVIISectionAGrp/PersonNm23MR BOB SCHENA
IRS990/Form990PartVIISectionAGrp/PersonNm24MR JAMES JENNINGS
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/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
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/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CEO
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/TitleTxt20SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt045955
IRS990/FundraisingDirectExpensesAmt066984
IRS990/FundraisingGrossIncomeAmt074352
IRS990/GainOrLossGrp/SecuritiesAmt01257779
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantAmt02682310
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0924265
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0924265
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02941702
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02941702
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01257779
IRS990/GrossReceiptsAmt06307708
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt05302
IRS990/InsuranceGrp/TotalAmt05302
IRS990/InvestmentIncomeGrp/ExclusionAmt0408900
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0477011
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt068111
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt023712635
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt029815946
IRS990/InvestmentsPubTradedSecGrp/BOYAmt025985361
IRS990/InvestmentsPubTradedSecGrp/EOYAmt021971764
IRS990/IRPDocumentCnt0105
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0255657
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0208144
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0222577
IRS990/LandBldgEquipCostOrOtherBssAmt0478234
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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/NetAssetsOrFundBalancesBOYAmt043100682
IRS990/NetAssetsOrFundBalancesEOYAmt044428499
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01257779
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01257779
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt07368
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07368
IRS990/NetUnrelatedBusTxblIncmAmt067111
IRS990/NetUnrlzdGainsLossesInvstAmt0425143
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0515072
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt02183
IRS990/OfficeExpensesGrp/TotalAmt02183
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-184284
IRS990/OtherExpensesGrp/Desc0INCOME TAXES
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSE & SUPPO
IRS990/OtherExpensesGrp/Desc2SOFTWARE AND MAINTENANC
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012380
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1111751
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt294027
IRS990/OtherExpensesGrp/ProgramServicesAmt0692879
IRS990/OtherExpensesGrp/TotalAmt012380
IRS990/OtherExpensesGrp/TotalAmt1692879
IRS990/OtherExpensesGrp/TotalAmt2111751
IRS990/OtherExpensesGrp/TotalAmt394027
IRS990/OtherLiabilitiesGrp/BOYAmt011632125
IRS990/OtherLiabilitiesGrp/EOYAmt011615415
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0MSU EVENTS
IRS990/OtherRevenueMiscGrp/Desc1ATHLETIC INCOME
IRS990/OtherRevenueMiscGrp/Desc2UNDERWRITING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0622422
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1285349
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt228961
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0622422
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1285349
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt228961
IRS990/OtherRevenueTotalAmt0936732
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt023115621
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt026007311
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04517903
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03314196
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES A SHAW
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIP FUND - PROVIDED SCHOLARSHIPS FOR ELIGIBLE STUDENTS AT MOREHEAD STATE UNIVERSITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0924265
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0924265
IRS990/ProgSrvcAccomActy3Grp/Desc0EAGLE ATHLETIC FUND - PROVIDED ASSISTANCE TO THE VARIOUS SPORTS PROGRAMS AT MOREHEAD STATE UNIVERSITY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0355952
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0259392
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ENDOWMENT FUND - PROVIDED SUPPORT TO MOREHEAD STATE UNIVERSITY FOR PROFESSORSHIPS, CHAIRS, AND RESEARCH PROJECTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0727745
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02422174
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03130559
IRS990/PYInvestmentIncomeAmt02746701
IRS990/PYOtherExpensesAmt01545649
IRS990/PYOtherRevenueAmt0719309
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01211976
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04676208
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05888184
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01086958
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00

Document Assets

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Filings

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
2019Detailed filing. Detailed filing data is available for this year.$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