Civic Intelligence

Midwestern State University Foundation Inc.

990 • Fiscal year 2021 • EIN 75-1101337

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 13, 2022

Organization ProfileN/A
807 8th Street 2nd FloorWichita Falls, TX 76301-3381

(940) 322-4436

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

4th percentile

-46%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

48th percentile

9.6%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-30%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets4th percentile

Assets

Up

$32,541,120

Up $2,854,632 (+9.6%) from 2020

Net Assets

Up

$32,541,120

Up $2,859,091 (+9.6%) from 2020

Liabilities

Down

$0

Down $4,459 (-100%) from 2020

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin4th percentile

Revenue

Down

$1,097,185

Down $473,426 (-30%) from 2020

Expenses

Up

$1,601,550

Up $137,207 (+9.4%) from 2020

Net Income

Down

-$504,365

Down $610,633 (-575%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$80M$60M$40M$20M$0Assets 2011: $16,004,742Liabilities 2011: $25,004Net Assets 2011: $15,979,7372011Assets 2012: $17,054,643Liabilities 2012: $117,080Net Assets 2012: $16,937,5632012Assets 2013: $17,511,092Liabilities 2013: $5,036Net Assets 2013: $17,506,0562013Assets 2014: $23,881,679Liabilities 2014: $4,444Net Assets 2014: $23,877,2352014Assets 2015: $21,665,811Liabilities 2015: $6,690Net Assets 2015: $21,659,1202015Assets 2016: $22,305,641Liabilities 2016: $21,146Net Assets 2016: $22,284,4952016Assets 2017: $23,682,103Liabilities 2017: $3,578Net Assets 2017: $23,678,5252017Assets 2018: $32,093,922Liabilities 2018: $15,947Net Assets 2018: $32,077,9742018Assets 2019: $31,055,080Liabilities 2019: $12,487Net Assets 2019: $31,042,5922019Assets 2020: $29,686,488Liabilities 2020: $4,459Net Assets 2020: $29,682,0292020Assets 2021: $32,541,120Liabilities 2021: $0Net Assets 2021: $32,541,1202021Assets 2022: $64,205,017Liabilities 2022: $9,172Net Assets 2022: $64,195,8452022Assets 2023: $71,288,656Liabilities 2023: $0Net Assets 2023: $71,288,6562023Assets 2024: $79,935,439Liabilities 2024: $0Net Assets 2024: $79,935,4392024

Highlighted filing

2021

Assets$32,541,120
Liabilities$0
Net Assets$32,541,120
Open 2021 Filing

Operations Trend

Revenue Growth7th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $3,165,948Expenses 2011: $1,153,929Net Income 2011: $2,012,0192011Revenue 2012: $2,467,408Expenses 2012: $1,367,714Net Income 2012: $1,099,6942012Revenue 2013: $847,098Expenses 2013: $2,181,234Net Income 2013: -$1,334,1362013Revenue 2014: $6,779,357Expenses 2014: $2,007,484Net Income 2014: $4,771,8732014Revenue 2015: $929,714Expenses 2015: $1,526,561Net Income 2015: -$596,8472015Revenue 2016: $2,133,494Expenses 2016: $1,703,705Net Income 2016: $429,7892016Revenue 2017: $2,240,712Expenses 2017: $1,179,855Net Income 2017: $1,060,8572017Revenue 2018: $9,258,420Expenses 2018: $1,266,674Net Income 2018: $7,991,7462018Revenue 2019: $1,806,156Expenses 2019: $1,432,098Net Income 2019: $374,0582019Revenue 2020: $1,570,611Expenses 2020: $1,464,343Net Income 2020: $106,2682020Revenue 2021: $1,097,185Expenses 2021: $1,601,550Net Income 2021: -$504,3652021Revenue 2022: $4,712,410Expenses 2022: $1,883,229Net Income 2022: $2,829,1812022Revenue 2023: $6,650,686Expenses 2023: $2,977,854Net Income 2023: $3,672,8322023Revenue 2024: $6,113,167Expenses 2024: $3,593,533Net Income 2024: $2,519,6342024

Highlighted filing

2021

Revenue$1,097,185
Expenses$1,601,550
Net Income-$504,365
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 13, 2022
Return Version
2020v4.2
Gross Receipts
$7,058,707
Mission and Program Overview

Mission

To receive contributions by means of donations, gifts, and bequests and to expend such funds for the advancement of the literary, scientific, and other educational endeavors of Midwestern State University, a tax exempt institution of higher learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,596,778$24,336,741▲ $5,739,963
Savings and Temporary Cash Investments$7,018,738$5,293,211▼ $1,725,527
Pledges and Grants Receivable$4,405,182$2,713,646▼ $1,691,536
Investments Program Related$90,052$116,915▲ $26,863
Accounts Receivable$39,672$50,149▲ $10,477
Cash and Non-Interest-Bearing Accounts$-479,723$15,428▲ $495,151
Prepaid Expenses and Deferred Charges$10,764$11,313▲ $549
Intangible Assets$5,025$3,717▼ $1,308
Total Assets$29,686,488$32,541,120▲ $2,854,632
Liabilities
Accounts Payable and Accrued Expenses$4,459--
Total Liabilities$4,459$0▼ $4,459
Net Assets / Fund Balance
Net Assets With Donor Restrictions$29,807,196$32,449,834▲ $2,642,638
Net Assets Without Donor Restrictions$-125,167$91,286▲ $216,453
Total Net Assets Fund Balance$29,682,029$32,541,120▲ $2,859,091
Total Liabilities and Net Assets / Fund Balance$29,686,488$32,541,120▲ $2,854,632

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$29,807,195$299,283▲ $3,585,860-$32,449,833
2019$31,262,206$239,980▼ $578,882-$29,807,195
2018$32,362,861$863,673▼ $902,616$523,108$31,262,206
2017$24,020,481$7,185,360▲ $2,122,040$395,370$32,362,861
2016$22,573,846$164,772▲ $2,262,440$419,671$24,020,481
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Stephen Reno GustafsonChairman
Kevin O'ConnellVice Chairman
Anthony InmanTrustee
Darrell ColemanTrustee
William FordTrustee
Teresa CavesSecretary
David WelchTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
StifelInvestment Services2525 Kell Blvd, Wichita Falls, TX 76308$132,460
Revenue and Support

Revenue Composition

Contributions and Grants
$299,283
Program Service Revenue
$0
Investment Income
$796,674
Other Revenue
$1,228
All Other Contributions
$299,283
Change in Net Assets
$-504,365

Noncash Contribution Practices

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

Audited Revenue Reconciliation

Revenue per Audited Statements
$963,454
Revenue Not Reported on Financial Statements
$133,731
Revenue Not Reported on Form 990
$3,363,456
Other Revenue Adjustments
$133,731
Total Revenue per Audited Statements
$4,326,910
Total Revenue per Form 990
$1,097,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,274,305
Other Expenses$327,245
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,274,305--$1,274,305
Fees for Service Investment Mgmnt Fees-$133,731-$133,731
Fees for Services Accounting-$70,500-$70,500
Other Expenses-$11,112-$11,112
Office Expenses-$15-$15
Total Functional Expenses$1,274,305$327,245$0$1,601,550

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,601,550
Expenses per Audited Statements$1,467,819
Total Expenses per Audited Statements$1,467,819
Expenses Not Reported on Financial Statements$133,731
Other Expense Adjustments$133,731
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Midwestern State UniversityWichita Falls, TX170(b)(1)(A)(vi)Funds to be expended on special projects of the University as designated in the fund agreements.$716,442
Midwestern State UniversityWichita Falls, TX170(b)(1)(A)(vi)Funds to be expended on scholarships as designated in scholarship agreements.$557,863
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
Other officer compensation reviewed
No
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

“A copy of the 990 is received and reviewed for accuracy and completeness by the Chairman and Board before filing.”

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

“Interested persons annually review and sign the conflict of interest policy and statement.”

Form 990, Part VI, Section C, line 19

“The organization makes information available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Midwestern State University Foundation
EIN
75-1101337
Phone
9403224436
Address
807 8th Street 2nd Floor, Wichita Falls, TX 76301-3381

Signing Officer

Name
David Welch
Title
Treasurer
Phone
9403224436
Signed
2022-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Reno Gustafson
Formed
1960
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Freemon Shapard & Story
Address
807 8th Street 2nd Floor, Wichita Falls, TX 76301-3381
Preparer
Mac Cannedy
Phone
9403224436
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“No change from prior year.”

Financial Statement Notes

Part V, Line 4:

“Endowment funds will be held/used in accordance with individual fund donor agreements.”

Part XI, Line 4B - Other Adjustments:

“Investment fees reported as deduction from revenue 133,731.”

Part XII, Line 4B - Other Adjustments:

“Investment fees reported as deduction from revenue 133,731.”

Raw XML AppendixShowing 400 of 454 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/ReconcilationRevenueExpnssAmt0-504365
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01228
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt01228
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07018738
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05293211
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0299283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0239980
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0863673
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07185360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0164772
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08753068
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0426179
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0721070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0737124
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0504900
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0472022
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02861295
IRS990ScheduleA/PublicSupportCY170Pct00.46400
IRS990ScheduleA/PublicSupportPY170Pct00.63980
IRS990ScheduleA/PublicSupportTotal170Amt05388569
IRS990ScheduleA/SubstantialContributorsTotAmt03364499
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0299283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0239980
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0863673
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07185360
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0164772
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08753068
IRS990ScheduleA/TotalSupportAmt011614363
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt029807195
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0299283
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt032449833
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt01242505
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03585860
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt031262206
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0239980
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt029807195
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt01116109
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-578882
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt032362861
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0863673
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt031262206
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0538603
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-902616
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0523108
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt024020481
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt07185360
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt032362861
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0569650
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02122040
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0395370
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt022573846
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0164772
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt024020481
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0560905
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02262440
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0419671
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0133731
IRS990ScheduleD/ExpensesSubtotalAmt01467819
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03363456
IRS990ScheduleD/OtherExpensesNotIncludedAmt0133731
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0133731
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.66976
IRS990ScheduleD/RevenueNotReportedAmt03363456
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0133731
IRS990ScheduleD/RevenueSubtotalAmt0963454
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment funds will be held/used in accordance with individual fund donor agreements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Investment fees reported as deduction from revenue 133,731.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Investment fees reported as deduction from revenue 133,731.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.33024
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01601550
IRS990ScheduleD/TotalRevenuePerForm990Amt01097185
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04326910
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01467819
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0557863
IRS990ScheduleI/RecipientTable/CashGrantAmt1716442
IRS990ScheduleI/RecipientTable/IRCSectionDesc0170(b)(1)(A)(vi)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1170(b)(1)(A)(vi)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Funds to be expended on scholarships as designated in scholarship agreements.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Funds to be expended on special projects of the University as designated in the fund agreements.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Midwestern State University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Midwestern State University
IRS990ScheduleI/RecipientTable/RecipientEIN0756001738
IRS990ScheduleI/RecipientTable/RecipientEIN1756001738
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03410 Taft Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13410 Taft Blvd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Wichita Falls
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Wichita Falls
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd076308
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd176308
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0cash
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1cash
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Foundation Board monitors the use of grant funds by corresponding with appropriate coordinating personnel at Midwestern State University to ensure that all scholarships are being disbursed according to agreement guidelines. The Foundation receives an annual audit which also checks procedures and disbursements.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0The Foundation uses Stifel, its brokerage firm, to process and sell non-cash contributions as needed to stay aligned with the current investment policy of the Foundation.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 32b:
IRS990ScheduleM/ThirdPartiesUsedInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the 990 is received and reviewed for accuracy and completeness by the Chairman and Board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Interested persons annually review and sign the conflict of interest policy and statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization makes information available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No change from prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt029686488
IRS990/TotalAssetsEOYAmt032541120
IRS990/TotalAssetsGrp/BOYAmt029686488
IRS990/TotalAssetsGrp/EOYAmt032541120
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0299283
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0327245
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01274305
IRS990/TotalFunctionalExpensesGrp/TotalAmt01601550
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04459
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt04459
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt029682029
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt032541120
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01274305

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,541,120
Liabilities
$0
Net assets
$32,541,120
Revenue
$1,097,185
Expenses
$1,601,550
Net income
-$504,365
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$79.9$0.00$79.9$6.11$3.59$2.52
2023Detailed filing. Detailed filing data is available for this year.$71.3$0.00$71.3$6.65$2.98$3.67
2022Detailed filing. Detailed filing data is available for this year.$64.2$0.01$64.2$4.71$1.88$2.83
2021Detailed filing. Detailed filing data is available for this year.$32.5$0.00$32.5$1.10$1.60$0.50
2020Detailed filing. Detailed filing data is available for this year.$29.7$0.00$29.7$1.57$1.46$0.11
2019Summary only. Only limited summary data is available for this year.$31.1$0.01$31.0$1.81$1.43$0.37
2018Summary only. Only limited summary data is available for this year.$32.1$0.02$32.1$9.26$1.27$7.99
2017Summary only. Only limited summary data is available for this year.$23.7$0.00$23.7$2.24$1.18$1.06
2016Summary only. Only limited summary data is available for this year.$22.3$0.02$22.3$2.13$1.70$0.43
2015Summary only. Only limited summary data is available for this year.$21.7$0.01$21.7$0.93$1.53$0.60
2014Summary only. Only limited summary data is available for this year.$23.9$0.00$23.9$6.78$2.01$4.77
2013Summary only. Only limited summary data is available for this year.$17.5$0.01$17.5$0.85$2.18$1.33
2012Summary only. Only limited summary data is available for this year.$17.1$0.12$16.9$2.47$1.37$1.10
2011Summary only. Only limited summary data is available for this year.$16.0$0.03$16.0$3.17$1.15$2.01