Liabilities / Assets
11th percentile
Higher debt load relative to assets than 11% of similar nonprofits.
990 • Fiscal year 2015 • EIN 41-6033423
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
11th percentile
Higher debt load relative to assets than 11% of similar nonprofits.
Liabilities / Revenue
26th percentile
Higher debt load relative to revenue than 26% of similar nonprofits.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
8th percentile
Higher top officer pay than 8% of similar nonprofits.
Top officer pay equals 1.9% of source-year revenue.
Asset Growth
26th percentile
Faster asset growth than 26% of similar nonprofits.
Revenue Growth
13th percentile
Faster revenue growth than 13% of similar nonprofits.
Assets
Down$54,070,481
Down $1,134,073 (-2.1%) from 2014
Net Assets
Down$53,096,767
Down $1,052,204 (-1.9%) from 2014
Liabilities
Down$973,714
Down $81,869 (-7.8%) from 2014
Revenue
Down$5,717,378
Down $1,264,548 (-18%) from 2014
Expenses
Down$4,685,668
Down $26,706 (-0.6%) from 2014
Net Income
Down$1,031,710
Down $1,237,842 (-55%) from 2014
Minnesota state university, mankato foundation, inc. Is dedicated to securing private gifts and grants to benefit minnesota state university, mankato. Each year, thousands of generous benefactors make gifts to help students, faculty and programs at this university. The foundation's mission is to enhance the university's ability to achieve its mission by encouraging and stewarding sustained philanthropic support from alumni and friends. The foundation operates with responsible stewardship, integrity, transparency and trust, provides leadership, advocacy and support of the university's strategic priorities, provides support for educational access and for enriching experiences for students, and provides leadership in promoting and engaging donor passion.
To support Minnesota State University, Mankato.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $49,800,820 | $44,166,897 | ▼ $5,633,923 |
| Investments Other Securities | $134,309 | $4,838,861 | ▲ $4,704,552 |
| Savings and Temporary Cash Investments | $1,823,349 | $2,042,388 | ▲ $219,039 |
| Pledges and Grants Receivable | $1,872,689 | $1,743,555 | ▼ $129,134 |
| Land, Buildings, and Equipment, Net | $1,291,840 | $1,003,934 | ▼ $287,906 |
| Cash and Non-Interest-Bearing Accounts | $115,012 | $104,215 | ▼ $10,797 |
| Prepaid Expenses and Deferred Charges | $48,823 | $58,723 | ▲ $9,900 |
| Total Assets | $55,204,554 | $54,070,481 | ▼ $1,134,073 |
| Other Assets Total | $117,712 | $111,908 | ▼ $5,804 |
| Liabilities | |||
| Other Liabilities | $945,006 | $863,321 | ▼ $81,685 |
| Accounts Payable and Accrued Expenses | $110,577 | $110,393 | ▼ $184 |
| Total Liabilities | $1,055,583 | $973,714 | ▼ $81,869 |
| Net Assets / Fund Balance | |||
| Permanently Rstr Net Assets | $34,415,580 | $35,517,560 | ▲ $1,101,980 |
| Temporarily Rstr Net Assets | $19,361,802 | $16,059,172 | ▼ $3,302,630 |
| Unrestricted Net Assets | $371,589 | $1,520,035 | ▲ $1,148,446 |
| Total Net Assets Fund Balance | $54,148,971 | $53,096,767 | ▼ $1,052,204 |
| Total Liabilities and Net Assets / Fund Balance | $55,204,554 | $54,070,481 | ▼ $1,134,073 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $1,003,934 | - | $1,003,934 |
| Equipment | $0 | $246,365 | $246,365 |
| Other Securities | $134,309 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2014 | $50,524,750 | $913,127 | ▼ $132,692 | - | $48,226,205 |
| 2013 | $44,403,556 | $918,720 | ▲ $6,719,434 | - | $50,524,750 |
| 2012 | $40,513,933 | $1,060,717 | ▲ $4,193,788 | - | $44,403,556 |
| 2011 | $32,254,603 | $620,384 | ▼ $59,784 | $46,429 | $32,768,774 |
| 2010 | $31,187,942 | $984,711 | ▲ $109,531 | $27,581 | $32,254,603 |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Kent Clark | VP of University Advancement | FT | $110,851 | $110,851 |
| Name | Title |
|---|---|
| Adam Mans | President |
| Ellen Steck | Vice President |
| Colin Meier | Director |
| Daryl Henze | Director |
| David Peters | Director |
| Dennis Miller | Director |
| Jean Lance | Director |
| Jerry Lee | Director |
| Julie Frederick | Director |
| Lyle Jacobson | Director |
| Mark Davis | Director |
| Michael Downs | Director |
| Nancy Zwickey | Director |
| Neil Eckles | Director |
| Norbert Harrington | Director |
| Paul Hanson | Director |
| Robert Makela | Director |
| Rod Schmidt | Director |
| Timothy Huebsch | Director |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 3 | $189,815 | Fair Market Value (FMV) |
| Other Non Cash Contri Table | 9 | $113,869 | Valued by Donor |
| Other Non Cash Contri Table | 9 | $60,032 | Valued by Donor |
| Food Inventory | 5 | $21,940 | Valued by Donor |
| Other Non Cash Contri Table | 13 | $10,484 | Valued by Donor |
| Total Noncash Contributions | 39 | $396,140 | - |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $2,352,944 |
| Other Expenses | $1,549,766 |
| Salaries, Compensation, and Employee Benefits | $782,958 |
| Total Fundraising Expense | $333,785 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $1,188,866 | - | - | $1,188,866 |
| Grants to Domestic Individuals | $1,164,078 | - | - | $1,164,078 |
| Other Salaries and Wages | $381,631 | - | $274,089 | $655,720 |
| Office Expenses | $388,392 | $142,420 | - | $530,812 |
| Fees for Service Investment Mgmnt Fees | - | $246,200 | - | $246,200 |
| Fees for Services Other | $124,572 | $76,307 | - | $200,879 |
| Information Technology | $32,685 | $152,718 | - | $185,403 |
| Travel | $113,318 | $9,789 | $1,975 | $125,082 |
| Conferences and Meetings | $110,823 | $580 | - | $111,403 |
| Other Employee Benefits | $36,240 | - | $26,027 | $62,267 |
| Pension Plan Contributions | $21,003 | - | $15,085 | $36,088 |
| Fees for Services Accounting | - | $34,025 | - | $34,025 |
| Payroll Taxes | $16,810 | - | $12,073 | $28,883 |
| All Other Expenses | $14,188 | $904 | $4,042 | $19,134 |
| Insurance | - | $13,585 | - | $13,585 |
| Occupancy | $5,324 | $4,935 | - | $10,259 |
| Advertising | $6,711 | - | $494 | $7,205 |
| Other Expenses | $706 | $3,758 | - | $706 |
| Fees for Services Legal | - | $494 | - | $494 |
| Total Functional Expenses | $3,666,168 | $685,715 | $333,785 | $4,685,668 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $6,326,785 |
| Expenses per Audited Statements | $4,685,668 |
| Total Expenses per Form 990 | $4,685,668 |
| Expenses Not Reported on Form 990 | $1,641,117 |
| Expenses Not Reported on Financial Statements | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Minnesota State University Mankato | Mankato, MN | N/a | To assist the University in awarding student scholarships and promoting University programs. | $1,184,592 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $13,049 |
| Fundraising Direct Expenses | $3,828 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Gift Annuities Payable | $863,321 |
“There are no commmittees with the authority to act on behalf of the governing body.”
“The 990 is initially reviewed by the VP of University of Advancement and the Foundation accountant. It then is approved by the Board President and submitted to the Executive Committee. The completed 990 will be posted on the organization's website where the remaining board members can download and view.”
“Disclosures of possible conflicts are reviewed annually by the Audit Committee. If follow-up is required, the committee assigns a member or staff to handle or monitor as necessary.”
“The Organization does not pay any compensation. The VP of University Advancement is paid by a related organization.”
“The financial statements are available on the organization's website. All other governing documents are available upon request.”
“Change in carrying value of trusts and annuities -166.”
“Minnesota State University, Foundation (Foundation) is organized as a Minnesota 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), qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi), and has been determined not to be a private foundation under Section 509(a)(1). Maverick Philanthropic Properties, LLC maintains exempt status under the Foundaton's exemption since the Foundation is the sole member of Maverick Philanthropic Properties, LLC. The Foundation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Foundation is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. The 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. The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The 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.”
“Change in carrying value of investments -166.”
“Special events expenses reported in expenses on financial statements -3,828. Rental expenses reported in expenses on financial statements -7,289. Loss on sale of investments reported in expenses on financial statements -127.”
“Special events expenses reported in revenue on Form 990 3,828. Rental expenses reported in revenue on Form 990 7,289. Loss on sale of investments reported in expenses on financial statements 127.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 110577 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 110393 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To support Minnesota State University, Mankato. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 494 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 6711 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 7205 |
| IRS990/AllOtherContributionsAmt | 0 | 3912234 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 4042 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 904 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 14188 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 19134 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Sharon Sandland |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5073895595 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 236 Wigley Administration Center |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Mankato |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56001 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 115012 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 104215 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 580 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 110823 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 111403 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 3912234 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 2352944 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1772622 |
| IRS990/CYOtherExpensesAmt | 0 | 1549766 |
| IRS990/CYOtherRevenueAmt | 0 | 17515 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 15007 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1031710 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 782958 |
| IRS990/CYTotalExpensesAmt | 0 | 4685668 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 333785 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5717378 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | The organization provides student aid opportunities for students to receive academic scholarships, athletic talent grants, and other awards and sponsorships. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1429603 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 34025 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 34025 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 494 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 494 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 76307 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 124572 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 200879 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 246200 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 246200 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 20662 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Adam Mans |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Ellen Steck |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Colin Meier |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Daryl Henze |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | David Peters |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Dennis Miller |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Jean Lance |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Jerry Lee |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Julie Frederick |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Lyle Jacobson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Mark Davis |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Michael Downs |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Nancy Zwickey |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Neil Eckles |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Norbert Harrington |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Paul Hanson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Robert Makela |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | Rod Schmidt |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | Timothy Huebsch |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | Kent Clark |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 90189 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | VP of University Advancement |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1959 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 3828 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 13049 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -209414 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 849611 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 19 |
| IRS990/GrantAmt | 0 | 1380721 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 1164078 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 1164078 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 1188866 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 1188866 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 16000425 |
| IRS990/GrossReceiptsAmt | 0 | 21088723 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 19 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 152718 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 32685 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 185403 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 13585 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 13585 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1132425 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1132425 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 134309 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 4838861 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 49800820 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 44166897 |
| IRS990/IRPDocumentCnt | 0 | 9 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 246365 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1291840 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1003934 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1250299 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 209414 |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 15150814 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 7289 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Minnesota State University, Mankato Foundation is dedicated to securing private gifts and grants that benefit Minnesota State Mankato. Each year, thousands of generous benefactors make gifts to help students, faculty and programs at this University. The Foundation's mission is to enhance the University's ability to achieve its mission by encouraging and stewarding sustained philanthropic support from alumni and friends. The Foundation operates with responsible stewardship, integrity, transparency and trust; provides leadership, advocacy and support of the University's strategic priorities; provides support for educational access and for enriching experiences for students; and provides leadership in promoting and engaging donor passion. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 54148971 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 53096767 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 640197 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 640197 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 9221 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 9221 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | -7289 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -7289 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -2083748 |
| IRS990/NoncashContributionsAmt | 0 | 396140 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 4935 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 5324 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 10259 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 142420 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 388392 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 530812 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 117712 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 111908 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -166 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 26027 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 36240 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 62267 |
| IRS990/OtherExpensesGrp/Desc | 0 | Bad Debt Expense |
| IRS990/OtherExpensesGrp/Desc | 1 | Memberships & Accredita |
| IRS990/OtherExpensesGrp/Desc | 2 | Taxes, Fees and Assessm |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3758 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 48882 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 11939 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 706 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 48882 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 15697 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 706 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 945006 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 863321 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 274089 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 381631 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 655720 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 12073 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 16810 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 28883 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 15085 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 21003 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 36088 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 34415580 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 35517560 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 1872689 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1743555 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 48823 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 58723 |
| IRS990/PrincipalOfficerNm | 0 | Ellen Steck |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Miscellaneous Income |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 15007 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 15007 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | The organization provides support to various academic and athletic programs, clubs, and conferences of the university.Support for the Athletic programs of the University. - $768,724Support for Music programs. - $8,520Support for Rental Space for programs - $80,100Support for MSU Auxiliary Programs - $113,234Support for various other University programs. - $1,645 |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 972223 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 972223 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | The organization provides support for staff and student salaries, supplies, equipment rental, printing, postage, and other expenses used to assist daily educational operations and activities. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 884846 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | The organization provides support for the development of students and staff through conferences, conventions, workshops, meetings, speakers, and other professional development activities. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 379496 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 4543395 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 2265687 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2404173 |
| IRS990/PYOtherExpensesAmt | 0 | 1702708 |
| IRS990/PYOtherRevenueAmt | 0 | 6276 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 28082 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2269552 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 743979 |
| IRS990/PYTotalExpensesAmt | 0 | 4712374 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 6981926 |
| IRS990/QuidProQuoContributionsInd | 0 | 1 |
| IRS990/QuidProQuoContriDisclInd | 0 | 1 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1031710 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -7289 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 15583 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 15583 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1823349 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2042388 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 3912234 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4543395 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4401909 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2794054 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3458386 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 19109978 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1148008 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1164475 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1225418 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1180780 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1281706 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.