Civic Intelligence

Western Michigan University Foundation

990T • Fiscal year 2024 • EIN 38-2138856

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 11, 2024

1903 W Michigan Ave Seibert AdmKalamazoo, MI 49008

(269) 387-2365

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

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No earlier filing loaded for comparison.

Liabilities

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No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

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No earlier filing loaded for comparison.

Expenses

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No earlier filing loaded for comparison.

Net Income

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No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5B$1.0B$500M$0Assets 2011: $309,824,458Liabilities 2011: $2,030Net Assets 2011: $309,822,4282011Assets 2012: $315,270,053Liabilities 2012: $109,775Net Assets 2012: $315,160,2782012Assets 2013: $369,125,396Liabilities 2013: $103,614Net Assets 2013: $369,021,7822013Assets 2014: $411,491,617Liabilities 2014: $100,260Net Assets 2014: $411,391,3572014Assets 2015: $442,220,919Liabilities 2015: $100,000Net Assets 2015: $442,120,9192015Assets 2016: $436,698,910Liabilities 2016: $100,530Net Assets 2016: $436,598,3802016Assets 2017: $461,479,162Liabilities 2017: $101,060Net Assets 2017: $461,378,1022017Assets 2018: $463,884,318Liabilities 2018: $100,000Net Assets 2018: $463,784,3182018Assets 2019: $446,380,606Liabilities 2019: $100,000Net Assets 2019: $446,280,6062019Assets 2020: $431,026,780Liabilities 2020: $100,000Net Assets 2020: $430,926,7802020Assets 2021: $1,032,369,023Liabilities 2021: $101,057Net Assets 2021: $1,032,267,9662021Assets 2022: $1,004,803,081Liabilities 2022: $7,045Net Assets 2022: $1,004,796,0362022Assets 2023: $1,029,018,352Liabilities 2023: $0Net Assets 2023: $1,029,018,3522023Assets 2024: $1,069,236,326Liabilities 2024: $5,737Net Assets 2024: $1,069,230,5892024

Latest loaded filing

2024

Assets$1,069,236,326
Liabilities$5,737
Net Assets$1,069,230,589

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800M$600M$400M$200M$0-$200MRevenue 2011: $127,110,746Expenses 2011: $22,887,356Net Income 2011: $104,223,3902011Revenue 2012: $42,548,236Expenses 2012: $27,052,927Net Income 2012: $15,495,3092012Revenue 2013: $54,622,354Expenses 2013: $55,267,967Net Income 2013: -$645,6132013Revenue 2014: $52,345,357Expenses 2014: $58,342,745Net Income 2014: -$5,997,3882014Revenue 2015: $73,146,638Expenses 2015: $39,860,893Net Income 2015: $33,285,7452015Revenue 2016: $30,302,360Expenses 2016: $59,203,047Net Income 2016: -$28,900,6872016Revenue 2017: $31,907,735Expenses 2017: $52,428,525Net Income 2017: -$20,520,7902017Revenue 2018: $29,999,212Expenses 2018: $42,721,637Net Income 2018: -$12,722,4252018Revenue 2019: $41,082,264Expenses 2019: $48,084,239Net Income 2019: -$7,001,9752019Revenue 2020: $43,479,998Expenses 2020: $37,575,105Net Income 2020: $5,904,8932020Revenue 2021: $603,544,425Expenses 2021: $35,365,368Net Income 2021: $568,179,0572021Revenue 2022: $103,674,460Expenses 2022: $49,517,787Net Income 2022: $54,156,6732022Revenue 2023: $47,667,153Expenses 2023: $60,470,859Net Income 2023: -$12,803,7062023Revenue 2024: $58,768,528Expenses 2024: $56,363,745Net Income 2024: $2,404,7832024

Latest loaded filing

2024

Revenue$58,768,528
Expenses$56,363,745
Net Income$2,404,783
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 11, 2024
Return Version
2023v8.0
Mission and Program Overview

Mission

Mission statement (adopted 2018) the mission of the western michigan university foundation is to promote and support western michigan university so that it can effectively carry out its mission of teaching, research and service. The foundation accomplishes its mission by maintaining and enlarging an endowment fund, the income from which provides supplemental financial assistance for current demands. The foundation also fulfills its mission through: cost-effective fund-raising programs, conducted by the development office, which seek participation from a variety of western michigan university constituents; prudent and responsible administration of the assets entrusted to it by its many constituents; and effective distribution of its resources to areas of priority within western michigan the wmu foundation is administered by the executive director/secretary, who also serves as the vice president for university advancement, and a volunteer board of directors, who oversee how funds can bes

Filing and Contact Details

Filer

Filer Name
Western Michigan University
EIN
38-2138856
Phone
2693872365
Address
1903 W MICHIGAN AVE SEIBERT ADM, KALAMAZOO, MI 49008

Signing Officer

Name
Colleen Scarff
Title
Assistant Treasurer
Phone
2693872365
Signed
2024-11-11
Raw XML Appendix124 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.

Path#Value
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IRS1120ScheduleD/CapitalGainNetIncomeAmt063687
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IRS1120ScheduleD/Form4797GainOrLossAmt044568
IRS1120ScheduleD/NetCapitalGainAmt063687
IRS1120ScheduleD/NetLTCapitalGainOrLossAmt063687
IRS4562/AmortizationCostsBeforeTYAmt021104
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizableAmt0799
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizableAmt148
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizableAmt220606
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizableAmt313508
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizableAmt469
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizationBeginDt02023-07-01
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizationBeginDt12023-07-01
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IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizationBeginDt32023-07-01
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizationBeginDt42023-07-01
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizationPeriodOrPctTxt05.0
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizationPeriodOrPctTxt15.0
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IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizationPeriodOrPctTxt45.0
IRS4562/AmortizationInfo/AmortizationInfoTable/AmortizationThisYearAmt0160
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IRS4562/AmortizationInfo/AmortizationInfoTable/CodeSectionTxt059(E)
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IRS4562/AmortizationInfo/AmortizationInfoTable/CodeSectionTxt459(E)
IRS4562/AmortizationInfo/AmortizationInfoTable/CostDesc0AMBERBROOK VII
IRS4562/AmortizationInfo/AmortizationInfoTable/CostDesc1STEPSTONE VC SECONDA
IRS4562/AmortizationInfo/AmortizationInfoTable/CostDesc2Q-BLK REAL ASSETS II
IRS4562/AmortizationInfo/AmortizationInfoTable/CostDesc3COMMONFUND VIII
IRS4562/AmortizationInfo/AmortizationInfoTable/CostDesc4COMMONFUND VII
IRS4562/BusinessIncomeLimitationAmt0154339
IRS4562/BusinessOrActivityTxt0INDIRECT DEPRECIATION
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IRS4562/ElectedProperty/CostForBusinessUseOnlyAmt0151
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IRS4562/MaximumDollarLimitationAmt01160000
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IRS4562/TotalAmortizationAmt028111
IRS4562/TotalCostOfSection179PropAmt0151
IRS4562/TotalDepreciationAmt0151
IRS4562/TotalElectedCostSect179PropAmt0151
IRS990T/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WESTERN MICHIGAN UNIVERSI
IRS990T/BooksInCareOfDetail/PhoneNum02693872365
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt01903 W MICHIGAN AVE
IRS990T/BooksInCareOfDetail/USAddress/CityNm0KALAMAZOO
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd049009
IRS990T/BookValueAssetsEOYAmt01069236326
IRS990T/CharitableContributionsDedAmt0999
IRS990T/EstimatedTaxPaymentsAmt050000
IRS990T/ForeignAccountsQuestionInd0false
IRS990T/ForeignTrustQuestionInd0false
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt00
IRS990T/Organization501cCorporationInd0X
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IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OverpaymentSection/AppliedToESTaxAmt027708
IRS990T/OverpaymentSection/OverpaymentAmt027708
IRS990T/ParentCorporationEIN0386007326
IRS990T/ParentCorporationName/BusinessNameLine1Txt0WESTERN MICHIGAN UNIVERSITY
IRS990T/PrntCorporationNameControlTxt0WEST
IRS990TScheduleA/CapitalGainNetIncomeAmt019119
IRS990TScheduleA/DepletionAmt017847
IRS990TScheduleA/DepreciationNetAmt028262
IRS990TScheduleA/OtherDeductionsAmt039
IRS990TScheduleA/OtherIncomeAmt026126
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IRS990TScheduleA/TaxesAndLicensesAmt039
IRS990TScheduleA/TotalDeductionsAmt046187
IRS990TScheduleA/TotalDepreciationAmt028262
IRS990TScheduleA/TotalOrdinaryGainLossAmt044568
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt064526
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0154339
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0154339
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0UNRELATED BUSINESS ACTIVITY
IRS990TScheduleA/UBIBeforeNOLDedAmt0108152
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0108152
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd0true
IRS990T/TaxableCorporationAmt022292
IRS990T/TaxableTrustAmt00
IRS990T/TaxLessCreditsAmt022292
IRS990T/TotalDeductionAmt01000
IRS990T/TotalPaymentsAmt050000
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IRS990T/TotalTaxComputationAmt022292
IRS990T/TotalUBTIAmt0106153
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IRS990T/TotalUBTIBeforeSection199AAmt0107153
IRS990T/TotalUBTIComputedAmt0108152
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0COLLEEN SCARFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASSISTANT TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02693872365
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0382138856
ReturnHeader/Filer/PhoneNum02693872365
ReturnHeader/Filer/USAddress/AddressLine1Txt01903 W MICHIGAN AVE SEIBERT ADM
ReturnHeader/Filer/USAddress/CityNm0KALAMAZOO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049008
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02025-06-11T17:09:09-04:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,069$0.01$1,069$58.8$56.4$2.40
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,029$0.00$1,029$47.7$60.5$12.8
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,005$0.01$1,005$104$49.5$54.2
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,032$0.10$1,032$604$35.4$568
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$431$0.10$431$43.5$37.6$5.90
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$446$0.10$446$41.1$48.1$7.00
2018Summary only. Only limited summary data is available for this year.$464$0.10$464$30.0$42.7$12.7
2017Summary only. Only limited summary data is available for this year.$461$0.10$461$31.9$52.4$20.5
2016Summary only. Only limited summary data is available for this year.$437$0.10$437$30.3$59.2$28.9
2015Summary only. Only limited summary data is available for this year.$442$0.10$442$73.1$39.9$33.3
2014Summary only. Only limited summary data is available for this year.$411$0.10$411$52.3$58.3$6.00
2013Summary only. Only limited summary data is available for this year.$369$0.10$369$54.6$55.3$0.65
2012Summary only. Only limited summary data is available for this year.$315$0.11$315$42.5$27.1$15.5
2011Summary only. Only limited summary data is available for this year.$310$0.00$310$127$22.9$104