2024-11-15T07:55:24-06:00 2023-12-31 273858252 DEAN DORTON ALLEN FORD PLLC 435 N WHITTINGTON PKWY STE 400 LOUISVILLE KY 40222 990 2023-01-01 611251555 WESTERN KENTUCKY UNIVERSITY FOUNDATION WEST 2707454597 1703 CHESTNUT STREET BOWLING GREEN KY 42101 DONALD SMITH PRESIDENT 2707454597 2024-11-14 1 0 AMELIA SEBASTIAN P01251828 5025896050 2023 2024-10-15 13:58:12Z WKU FOUNDATION DONALD SMITH 1703 CHESTNUT STREET BOWLING GREEN KY 42101 0 0 X WWW.WKUFOUNDATION.COM X 1993 KY THE MISSION OF WESTERN KENTUCKY UNIVERSITY FOUNDATION (WKUF) IS TO CREATE A CULTURE OF PHILANTHROPY THAT WILL ADVANCE THE GOALS OF WKU THROUGH PRUDENT AND TRUSTED FINANCIAL MANAGEMENT AND INVESTMENT OF RESOURCES GIVEN FOR THE BENEFIT OF WKU AND IN KEEPING WITH THE WISHES OF DONORS. THE WKUF WILL MEET THE HIGHEST STANDARDS OF BEST PRACTICES IN ALL ASPECTS OF ITS OPERATION. X 5 5 0 6 0 0 6301566 0 0 0 2648526 0 10139 0 8960231 0 3092611 0 0 0 0 0 0 0 0 5441051 0 8533662 0 426569 0 121545505 0 21987189 0 99558316 0 X THE MISSION OF WESTERN KENTUCKY UNIVERSITY FOUNDATION (WKUF) IS TO CREATE A CULTURE OF PHILANTHROPY THAT WILL ADVANCE THE GOALS OF WKU THROUGH PRUDENT AND TRUSTED FINANCIAL MANAGEMENT AND INVESTMENT OF RESOURCES GIVEN FOR THE BENEFIT OF WKU AND IN KEEPING WITH THE WISHES OF DONORS. THE WKUF WILL MEET THE HIGHEST STANDARDS OF BEST PRACTICES IN ALL ASPECTS OF ITS OPERATION. 0 1 EFFECTIVE JANUARY 1, 2023, WESTERN KENTUCKY UNIVERSITY FOUNDATION, INC. (WKUF) WAS MERGED INTO COLLEGE HEIGHTS FOUNDATION ("FOUNDATION") FINANCIAL STATEMENTS AS A PART OF THE FOUNDATION'S STRATEGY TO ELIMINATE DONOR CONFUSION, STREAMLINE EFFORTS, AND CREATE ECONOMIC EFFICIENCIES. WKUF WILL CONTINUE TO FILE A RETURN WITH NO ACTIVITY. 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 KY X CYNTHIA WILKERSON 2707454597 1703 CHESTNUT STREET BOWLING GREEN KY 42101 MR GARRY WATKINS CHAIR 2.00 X 0 0 0 MS MICHELLE WELLS VICE-CHAIR 2.00 X 0 0 0 MR TOM HART DIRECTOR 2.00 X 0 0 0 MS BELLE LADY HUNT DIRECTOR 2.00 X 0 0 0 MR DAVID WISEMAN DIRECTOR 2.00 X 0 0 0 DR DONALD SMITH PRESIDENT 5.00 35.00 X 0 237058 60673 DR TIMOTHY CABONI WKU PRESIDENT (EX-OFFICIO BOARD) 2.00 35.50 X 0 613995 57851 MRS CYNTHIA WILKERSON CHIEF FINANCIAL OFFICER 5.00 35.00 X 0 156996 45775 MS SUE MILLER SECRETARY 2.00 35.50 X 0 3816 311 0 1011865 164610 0 0 1 0 0 0 0 0 0 0 0 0 0 7309462 2741160 65386 0 1487011 73179339 15843592 20919555 0 121545505 0 306693 20919555 760941 0 21987189 0 X 6494029 0 93064287 0 99558316 0 121545505 0 X 0 -99558316 X 0 0 0 X 5604156 6607202 6960323 6301566 25473247 5604156 6607202 6960323 6301566 25473247 2143029 23330218 1969540 1421790 1630504 1903529 6925363 32398610 0.72010 0.74190 X 0 0 76851815 -76851815 88434667 529497 -11250693 861656 76851815 73776592 1147859 14160476 650260 88434667 64062334 2667966 9790593 2744301 73776592 54118460 588373 15032567 5677066 64062334 0 0 0 PART V, LINE 4: THE ORGANIZATION INTENDS TO USE THE ENDOWMENT FUNDS FOR SUPPORT OF WESTERN KENTUCKY UNIVERSITY. X 1 1 X 0 1 0 0 0 0 0 0 0 DR TIMOTHY CABONI WKU PRESIDENT (EX-OFFICIO BOARD) 0 529723 0 84272 0 0 0 28842 0 29009 0 671846 0 0 DR DONALD SMITH PRESIDENT 0 237058 0 0 0 0 0 37609 0 23064 0 297731 0 0 MRS CYNTHIA WILKERSON CHIEF FINANCIAL OFFICER 0 156996 0 0 0 0 0 24907 0 20868 0 202771 0 0 PART I, LINE 4B DR. TIMOTHY CABONI - $232,437 CASH, CASH EQUIVALENTS, AND OTHER ASSETS 2023-05-08 98007435 CARRYING VALUE 610459494 COLLEGE HEIGHTS FOUNDATION INC 1703 CHESTNUT STREET BOWLING GREEN KY 42101 501(C)(3) CASH, CASH EQUIVALENTS, AND OTHER ASSETS 2023-05-08 1550881 CARRYING VALUE 611336292 WKU REAL ESTATE CORPORATION 1703 CHESTNUT STREET BOWLING GREEN KY 42101 501(C)(3) 1 1 0 0 PART II, LINE 2E: PERSON(S) INVOLVED: - DR. TIMOTHY CABONI (OFFICER)- DONALD SMITH (OFFICER)- CYNTHIA WILKERSON (OFFICER)- SUE MILLER (OFFICER)- GARRY WATKINS (DIRECTOR)- MICHELLE WELLS (DIRECTOR) PART II, LINE 2E: EFFECTIVE JANUARY 1, 2023, WESTERN KENTUCKY UNIVERSITY FOUNDATION, INC. (WKUF) WAS MERGED INTO COLLEGE HEIGHTS FOUNDATION ("FOUNDATION"). THE INDIVIDUALS LISTED WERE ALREADY SERVING AS DIRECTORS OR OFFICERS ON BOTH WKUF AND THE FOUNDATION. FORM 990, PART III, LINE 3 EFFECTIVE JANUARY 1, 2023, WESTERN KENTUCKY UNIVERSITY FOUNDATION, INC. (WKUF) WAS MERGED INTO COLLEGE HEIGHTS FOUNDATION ("FOUNDATION") FINANCIAL STATEMENTS AS A PART OF THE FOUNDATION'S STRATEGY TO ELIMINATE DONOR CONFUSION, STREAMLINE EFFORTS, AND CREATE ECONOMIC EFFICIENCIES. WKUF WILL CONTINUE TO FILE A RETURN WITH NO ACTIVITY. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD INCLUDES 1 MEMBER BECAUSE OF THEIR POSITIONS IN OTHER ORGANIZATIONS (PRESIDENT OF WKU). FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 IS PREPARED, THE CFO AND PRESIDENT REVIEW IT BEFORE IT IS PROVIDED TO THE BOARD AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD AND STAFF MEMBER IS REQUIRED TO ANNUALLY UPDATE THEIR INFORMATION IN THE CONFLICT OF INTEREST STATEMENT. THE BOARD SECRETARY REVIEWS EACH FORM SUBMITTED AND BRINGS ANY ITEMS LISTED TO THE PRESIDENT'S ATTENTION. THE PRESIDENT THEN REVIEWS EACH ITEM WITH THE BOARD MEMBER AND BRINGS ANY QUESTIONABLE SITUATIONS TO THE BOARD'S ATTENTION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS, DIRECTORS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990, BY-LAWS, ARTICLES OF INCORPORATION, AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS TRANSFERRED TO COLLEGE HEIGHTS FOUNDATION -98,007,435. NET ASSETS TRANSFERRED TO WKU REAL ESTATE CORPORATION -1,550,881. WESTERN KENTUCKY UNIVERSITY 1906 COLLEGE HEIGHTS BLVD BOWLING GREEN KY 42101 616055628 EDUCATION KY 115(1) N/A 0 COLLEGE HEIGHTS FOUNDATION INC 1703 CHESTNUT STREET BOWLING GREEN KY 42101 610459494 SUPPORT WESTERN KENTUCKY UNIVERSITY KY 501(C)(3) N/A 0 WKU REAL ESTATE CORPORATION 1703 CHESTNUT STREET BOWLING GREEN KY 42101 611336292 REAL ESTATE KY 501(C)(3) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 COLLEGE HEIGHTS FOUNDATION INC R 98007435 CARRYING VALUE WKU REAL ESTATE CORPORATION R 1550881 CARRYING VALUE PART V, LINE 1R: THE AMOUNTS REPORTED FOR LINE 1R, OTHER TRANSFER OF CASH OR PROPERTY TO RELATED ORGANIZATION(S) ARE RELATED TO THE MERGER THAT TOOK PLACE ON JANUARY 1, 2023. SEE SCHEDULE O FOR MORE DETAIL.