2024-05-07T15:14:17-04:00 2023-06-30 990 2022-07-01 346576307 KENT STATE UNIVERSITY FOUNDATION KENT PO BOX 5190 Kent OH 44242 JESSICA VARGO CPA 3306720432 2024-04-20 JESSICA VARGO XXX-XX-XXXX 0 00 AAL1 IAL1 2022 2023-04-26 12:10:37Z VALOREE VARGO 64123350 false X WWW.KENT.EDU/ADVANCEMENT/KSUFOUNDATION X 1965 OH THE KENT STATE UNIVERSITY FOUNDATION PROVIDES LEADERSHIP, PRIVATE SECTOR FUNDING AND STEWARDSHIP OF GIFTS TO SUPPORT KENT STATE UNIVERSITY. MEET ITS NEEDS AND ACHIEVE ITS PRIORITES. 38 32 0 39 0 0 43167059 18678407 0 5166981 4146410 1591345 1469301 49925385 24294118 14237328 24043999 0 0 0 375631 3364135 4091065 17601463 28135064 32323922 -3840946 298774525 315802364 23317833 23874297 275456692 291928067 THE KENT STATE UNIVERSITY FOUNDATION PROVIDES LEADERSHIP, PRIVATE SECTOR FUNDING AND STEWARDSHIP OF GIFTS TO SUPPORT KENT STATE UNIVERSITY. MEET ITS NEEDS AND ACHIEVE ITS PRIORITES. false false 24043999 24043999 THE KENT STATE UNIVERSITY FOUNDATION PROVIDED GRANTS TO KENT STATE UNIVERSITY TO FURTHER THE UNIVERSITYS ACADEMIC, RESEARCH, AND PUBLIC SERVICE PROGRAMS. 24043999 true true false false false false false false false true true true false false true false true true false false false false false false false false false true false false false false false false false false false false true false false false false false false false false true 46 0 true 0 true true true false false false false true true false false false false true false false false X 38 32 false false false false false false false true true false false true true true true false false false false false OH SC X JESSICA VARGO 3306722222 PO BOX 5190 Kent OH 44242 X ROB RISMAN DIRECTOR 1.00 0.00 X 0 0 0 MARK POLATAJKO DIRECTOR 1.00 0.00 X 0 0 0 BARB SMITH DIRECTOR 1.00 0.00 X 0 0 0 ROBERT ROSS DIRECTOR 1.00 0.00 X 0 0 0 STEFFANY MATTICOLA LARKINS DIRECTOR 1.00 0.00 X 0 0 0 MARK LUCAS DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN MILKOVICH DIRECTOR 1.00 0.00 X 0 0 0 SCOTT MCKINNEY DIRECTOR 1.00 0.00 X 0 0 0 VALERIE PATTON GEORGE DIRECTOR 1.00 0.00 X 0 0 0 VERSIE JOHNSON MALLARD DIRECTOR 1.00 0.00 X 0 0 0 PAMELA BOBST DIRECTOR 1.00 0.00 X 0 0 0 VIRGINIA ADDICOTT DIRECTOR 1.00 0.00 X 0 0 0 MELODY TANKERSLEY DIRECTOR 1.00 0.00 X 0 0 0 DIANA STRONGOSKY DIRECTOR 1.00 0.00 X 0 0 0 NORA JACOBS DIRECTOR 1.00 0.00 X X 0 0 0 DANIEL WOLFE DIRECTOR 1.00 0.00 X 0 0 0 DALE LEPPO DIRECTOR 1.00 0.00 X 0 0 0 HEATHER CERBONE DIRECTOR 1.00 0.00 X 0 0 0 EDMUND COOKE DIRECTOR 1.00 0.00 X 0 0 0 TODD DIACON DIRECTOR 1.00 0.00 X 0 0 0 RAJ AGGARWAL DIRECTOR 1.00 0.00 X 0 0 0 JAMES BAILEY DIRECTOR 1.00 0.00 X 0 0 0 GARY BRAHLER DIRECTOR 1.00 0.00 X 0 0 0 LAWRENCE ARMSTRONG DIRECTOR 1.00 0.00 X 0 0 0 TIMOTHY EIPPERT DIRECTOR 1.00 0.00 X 0 0 0 GREG INNA DIRECTOR 1.00 0.00 X 0 0 0 CANDICE HUGHES DIRECTOR 1.00 0.00 X 0 0 0 JUDIE FALL LASSER DIRECTOR 1.00 0.00 X 0 0 0 RICHARD KRUMEL DIRECTOR 1.00 0.00 X 0 0 0 RICHARD FRENCHIE DIRECTOR 1.00 0.00 X 0 0 0 BARRY FETTERMAN DIRECTOR 1.00 0.00 X 0 0 0 CATHY HEMMING DIRECTOR 1.00 0.00 X 0 0 0 VALOREE VARGO CHIEF EXECUTIVE OFFICER 2.00 0.00 X X 0 0 0 JESSICA VARGO ASSISTANT TREASURER 2.00 0.00 X X 0 0 0 JOHN ELLIOT IMMEDIATE PAST CHAIR 2.00 0.00 X X 0 0 0 MICHELLE THOMAS BOARD CHAIR ELECT 2.00 0.00 X X 0 0 0 PETER HOLWAY BOARD CHAIR 2.00 0.00 X X 0 0 0 GREGORY LONG TREASURER 2.00 0.00 X X 0 0 0 CATHERINE HACKNEY BOARD SECRETARY 2.00 0.00 X X 0 0 0 0 0 0 0 false false false PWC CAPITAL HOLDINGS LP AGILITY OUTSOURCED CIO 361055 1 18678407 872460 18678407 1741804 1741804 3315430 3506934 -191504 -191504 -191504 38726904 36322298 2404606 2404606 2404606 Miscellaneous 900099 1660805 1660805 1660805 24294118 5615711 0 0 24043999 24043999 1885 1885 44524 44524 2345965 2345965 904354 904354 4081 4081 112 112 55802 55802 204922 34632 170290 247101 41760 205341 15773 15773 BANK FEES 84547 84547 OTHER PROF FEES 175000 175000 PROPERTY TAXES 10 10 ANNUAL REPORT 456 456 6533 6533 28135064 24043999 3715434 375631 13773421 12924126 34446845 36358506 130887 81312 45127 164404 18415273 1846661 16848850 16568612 19789626 13555300 213739769 236150104 298774525 315802364 319036 347534 22998797 23526763 23317833 23874297 X 17376137 22574503 258080555 269353564 275456692 291928067 298774525 315802364 X -3840946 20832849 -520528 X false true X true false X 17377758 15618881 16881344 43167059 18678407 111723449 17377758 15618881 16881344 43167059 18678407 111723449 7684706 104038743 4330281 267181 1332572 1200576 1741804 8872414 1129685 721904 1851589 122447452 0.84970 0.83110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 158883518 6380011 15632531 6496155 174399905 187791551 2682272 -25208905 6381400 158883518 138113132 8414836 47409291 6145708 187791551 136600303 7771699 -177946 6080924 138113132 138117510 6334070 2838502 5887484 141402598 0.01000 0.45000 0.54000 true false 549121 1886823 2435944 15979329 1846661 14132668 16568612 PRIVATE EQUITY 42749018 F COMINGLED ASSET FUNDS 176123045 F REAL ASSETS 17278041 F 236150104 FUNDS HELD AS AGENT 12882062 CPAE BULDING LEASE 8026649 ACTUARIAL LIABILITES 2618052 23526763 45970366 20832849 -317570 20515279 25455087 2345965 -3506934 -1160969 24294118 29498991 202958 202958 29296033 2345965 -3506934 -1160969 28135064 Other revenues not included on Form 990 (Part XI, line 2d) CHANGE IN ACTUARIAL LIABILITIES $-520,528GIFTS IN KIND $202,958 Other revenues included on Form 990 (Part XI, line 4b) HOTEL RENTAL EXPENSES Other expenses not included on Form 990 (Part XII, line 2d) GIFTS IN KIND Other expenses included on Form 990 (Part XII, line 4b) HOTEL RENTAL EXPENSES true KENT STATE UNIVERSITY PO BOX 5190 Kent OH 44242 316402079 115a 24043999 Monitoring procedures (Part I, line 2) THE KENT STATE UNIVERSITY FOUNDATION REFERS TO DONORS MOU TO ENSURE MONIES ARE USED PROPERLY. false true true Officer directors etc family relationship Part VI line 2 BOARD MEMBER IS AN OFFICER OF AN INSURANCE COMPANY THAT PROVIDES SERVICES TO KENT STATE UNIVERSTIY. Form 990 governing body review Part VI line 11 A COMPLETE COPY OF FORM 990 WAS SENT ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW BEFORE IT WAS FILED WITH THE IRS. Conflict of interest policy compliance Part VI line 12c ANNUALLY, BOARD MEMBERS OF THE KENT STATE UNIVERSITY FOUNDATION MUST REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY CONFLICTS AND ACKNOWLEDGE THIS BY SIGNING A LETTER STATING ADHERENCE TO THE POLICY. MEMBERS WHO HAVE A CONFLICT OF INTERST WITH A PROPOSED TRANSACTION MUST EXCUSE THEMSELVES FROM DISCUSSION OF, AND VOTING ON, THE TRANSACTION. Governing documents etc available to public Part VI line 19 THE KENT STATE UNIVERSITY FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALL REQUESTS NEED TO BE IN WRITING AND DELIVERED BY HAND, US MAIL, OR EMAIL. Explanation of other changes in net assets or fund balances Part XI line 9 1. CHANGE IN ACTUARIAL LIABILITY - $520,528.