2024-04-16T17:57:16-05:00 2023-06-30 FORVIS LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2022-07-01 841235728 CCU ENDOWMENT FOUNDATION % IAIN WIGHTMAN VP OF FINANCE CCUE 3039633000 8787 W ALAMEDA AVE LAKEWOOD CO 80226 IAIN WIGHTMAN VP FINANCE & TECH 3039633000 2024-02-15 true IAIN WIGHTMAN 999009999 Adam R Smith CPA P00958966 7194714290 2024-02-15 2 2022 2023-04-26 12:10:37Z ERIC HOGUE 8787 W ALAMEDA AVE LAKEWOOD CO 80226 2850503 false X N/A X 1993 CO TO PROVIDE SUPPORT TO COLORADO CHRISTIAN UNIVERSITY, AN EXEMPT SCHOOL DESCRIBED IN INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(II) 3 2 0 3 0 257446 2562083 0 0 164535 173542 0 0 421981 2735625 267608 340996 0 0 3230 11832 0 0 0 19342 15209 290180 368037 131801 2367588 6129395 9045950 0 0 6129395 9045950 TO PROVIDE SUPPORT TO COLORADO CHRISTIAN UNIVERSITY, AN EXEMPT SCHOOL DESCRIBED IN INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(II). false false 352828 340996 CCU ENDOWMENT FOUNDATION SUPPORTS COLORADO CHRISTIAN UNIVERSITY (CCU), A RELIGIOUS INSTITUTION, AS IT CULTIVATES KNOWLEDGE AND LOVE OF GOD IN A CHRIST-CENTERED COMMUNITY OF LEARNERS AND SCHOLARS, WITH AN ENDURING COMMITMENT TO THE INTEGRATION OF EXEMPLARY ACADEMICS, SPIRITUAL FORMATION, AND ENGAGEMENT WITH THE WORLD. 352828 true true false false false false false false false true false false false false false false false true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 3 2 false false false false true true true true false false false false true true true true true false false false X IAIN WIGHTMAN VP OF FINANCE 3039633000 8787 W ALAMEDA AVE LAKEWOOD CO 80226 DANIEL COHRS EXECUTIVE VICE PRESIDENT 1.0 40.0 X 0 276028 28502 DONALD SWEETING CHANCELLOR 1.0 40.0 X 0 190641 83570 ERIC HOGUE PRESIDENT 40.0 0.5 X X 0 177578 50342 IAIN WIGHTMAN VP OF FINANCE & TECHNOLOGY 1.0 40.0 X 0 140182 19590 TIM MCTAVISH INTERIM PRESIDENT 1.0 40.0 X 0 119011 19020 THOMAS SCHEFFEL CORPORATE COUNSEL/SECRETARY 1.0 1.0 X 0 9150 0 HAROLD KRAUSE BOARD MEMBER 0.0 0.0 X X 0 0 0 WILL ARMSTRONG BOARD CHAIR 40.0 1.0 X X 0 0 0 0 912590 201024 3 false true false 0 2562083 26563 2562083 0 185647 185647 0 0 0 0 0 102773 114878 -12105 -12105 -12105 0 0 0 0 0 0 0 0 0 0 2735625 173542 340996 340996 0 0 0 0 0 11000 11000 0 0 832 832 0 0 0 0 0 15209 15209 0 0 0 0 0 0 0 0 0 0 0 0 0 0 368037 352828 15209 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5927351 8834650 0 0 0 0 0 0 202044 211300 6129395 9045950 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 358865 381156 5770530 8664794 6129395 9045950 6129395 9045950 2367588 548967 X false true X true false X X 1 COLORADO CHRISTIAN UNIVERSITY 840442429 2 true 340996 0 1 340996 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6129395 2562083 707299 352827 9045950 6710503 257445 -581445 257108 6129395 4874636 540657 1537075 241865 6710503 4925151 271750 -117117 205148 4874636 4669619 223766 243735 211969 4925151 0.04210 0.83210 0.12580 false false SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS: ENDOWMENT FUNDS ARE USED TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO STUDENTS OF COLORADO CHRISTIAN UNIVERSITY. Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS: THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. AS OF JUNE 30, 2023, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. true COLORADO CHRISTIAN UNIVERSITY 8787 W ALAMEDA AVE LAKEWOOD CO 80226 840442429 501 (C) (3) 340996 SCHOLARSHIP PROGRAM of Colorado Christian University 1 SCHEDULE I, PART I, LINE 2 MONITORING OF GRANTED FUNDS: FUNDS ARE GRANTED TO COLORADO CHRISTIAN UNIVERSITY (CCU), FOR THE EXPRESS PURPOSE OF PROVIDING STUDENT FINANCIAL AID. CCU FINANCIAL AID AWARDS ARE DISBURSED TO STUDENTS BASED ON THE GENERAL CRITERIA FOR INSTITUTIONAL FINANCIAL AID. CCU ENDOWMENT FOUNDATION REVIEWS ALL GRANT EXPENDITURES TO CONFIRM THEY ARE USED FOR THEIR INTENDED PURPOSES. false false false false false false false false DONALD SWEETING CHANCELLOR 0 181401 0 0 0 9240 0 10196 0 73374 0 274211 DANIEL COHRS EXECUTIVE VICE PRESIDENT 0 268504 0 0 0 7524 0 13792 0 14710 0 304530 ERIC HOGUE PRESIDENT 0 170046 0 0 0 7532 0 8733 0 41609 0 227920 IAIN WIGHTMAN VP OF FINANCE & TECHNOLOGY 0 138774 0 0 0 1408 0 8970 0 10620 0 159772 Schedule J, Part I, Line 3 COMPENSATION OF OFFICERS AND BOARD MEMBERS: NO BOARD MEMBERS OR OFFICERS ARE COMPENSATED BY CCU ENDOWMENT FOUNDATION. THE COMPENSATION REPORTED ON FORM 990 PART VII, SECTION A, AND SCHEDULE J, PART II, IS PAID BY A RELATED ORGANIZATION, COLORADO CHRISTIAN UNIVERSITY, FOR SERVICES PERFORMED BY EMPLOYEES AND CONTRACTORS OF COLORADO CHRISTIAN UNIVERSITY (CCU) COMPENSATION FOR THE PRESIDENT/CEO OF CCU WAS DETERMINED BY THE BOARD OF CCU. IN SETTING COMPENSATION, COMPARABILITY DATA WAS GATHERED BY HR AND THEN USED BY THE BOARD OF CCU. A SALARY SURVEY STUDY AND SALARY STRUCTURE REVIEW WAS LAST PERFORMED IN MARCH 2023. THE DELIBERATIONS AND DECISIONS REGARDING PRESIDENT/CEO COMPENSATION ARE DOCUMENTED AS PART OF THE PROCESS. X 1 26563 FMV false true false Schedule M, Part I, Column (B) NUMBER OF CONTRIBUTIONS: THE NUMBER OF CONTRIBUTIONS REPORTED IS THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 6, 7A & 7B ORGANIZATION MEMBERS: ALL MEMBERS OF THE BOARD OF CCU ENDOWMENT FOUNDATION ARE APPOINTED BY THE BOARD OF COLORADO CHRISTIAN UNIVERSITY (CCU), WHICH MAKES CCU A MEMBER OF CCU ENDOWMENT FOUNDATION ACCORDING TO THE IRS DEFINITION FOR THE PURPOSES OF FORM 990. THE POWER TO ALTER, CHANGE, AMEND, OR REPEAL THE BYLAWS OR TO ADOPT NEW BYLAWS IS VESTED IN THE BOARD OF CCU. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES: THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE FORM 990 WAS PREPARED AND REVIEWED BY AN INDEPENDENT CPA FIRM AND THEN REVIEWED BY THE VP OF FINANCE AND TECHNOLOGY BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: CCU ENDOWMENT FOUNDATION FOLLOWS COLORADO CHRISTIAN UNIVERSITY'S CONFLICT OF INTEREST POLICY, WHICH IS OVERSEEN BY THE PRESIDENT. BOARD MEMBERS AND OFFICERS OF CCU ENDOWMENT FOUNDATION ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. WHEN A CONFLICT OF INTEREST IS DETERMINED TO EXIST, ALL INTERESTED PARTIES ARE REQUIRED TO RECUSE THEMSELVES FROM THE DELIBERATIONS AND SUBSEQUENT BOARD VOTE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC: THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A, AND SCHEDULE J, PART II COMPENSATION OF OFFICERS AND BOARD MEMBERS: NO BOARD MEMBERS OR OFFICERS ARE COMPENSATED BY CCU ENDOWMENT FOUNDATION. THE COMPENSATION REPORTED ON FORM 990 PART VII, SECTION A, AND SCHEDULE J, PART II, IS PAID BY A RELATED ORGANIZATION, COLORADO CHRISTIAN UNIVERSITY, FOR SERVICES PERFORMED BY EMPLOYEES AND CONTRACTORS OF COLORADO CHRISTIAN UNIVERSITY. COLORADO CHRISTIAN UNIVERSITY 8787 W ALAMEDA AVE LAKEWOOD CO 80226 840442429 EDUCATION CO 501 (C) (3) 2 NA false false true false true false false false false false false false true false true true false false false false