2024-11-14T08:40:29-06:00 2024-06-30 232108173 RKL LLP 3501 CONCORD ROAD STE 250 YORK PA 17402 990 2023-07-01 236435616 MILLERSVILLE UNIVERSITY FOUNDATION MILL 7178717520 DUNCAN ALUM HS 207 N GEORGE ST MILLERSVILLE PA 17551 DR KEMAH WASHINGTON CURRENT PRESIDENT 7178717520 2024-10-30 1 0 DOUGLAS L BERMAN CPA P01269555 7178433804 2024-10-30 2023 2024-10-15 13:58:12Z DR KEMAH WASHINGTON DUNCAN ALUM HS 207 N GEORGE ST MILLERSVILLE PA 17551 11188428 0 X WWW.MILLERSVILLE.EDU/MUFOUNDATION/ X 1966 PA MILLERSVILLE UNIVERSITY FOUNDATION IS A NON-PROFIT ORGANIZATION OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE FOUNDATION MANAGES AND INVESTS FUNDS RECEIVED FROM ALUMNI AND FRIENDS OF MILLERSVILLE UNIVERSITY OF PENNSYLVANIA. 25 25 0 25 13746 11962 822173 1318682 0 0 1593903 2121585 151127 5356 2567203 3445623 1512732 1294165 0 0 0 0 0 0 176135 359430 442016 1872162 1736181 695041 1709442 59715381 66649939 3502230 3958460 56213151 62691479 MILLERSVILLE UNIVERSITY FOUNDATION IS A NON-PROFIT ORGANIZATION OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE FOUNDATION MANAGES AND INVESTS FUNDS RECEIVED FROM ALUMNI AND FRIENDS OF MILLERSVILLE UNIVERSITY OF PENNSYLVANIA. 0 0 1294165 1294165 ALL PROGRAMS INCLUDE SCHOLARSHIPS, AWARDS, OR GRANTS FOR STUDENTS OR ORGANIZATIONS OF MILLERSVILLE UNIVERSITY. 1294165 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 8 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X STACY MILLER 7178714091 MILLERSVILLE UNIVERSITY MILLERSVILLE PA 17551 X DR DARRYL L LANDIS PRESIDENT 1.00 X X 0 0 0 DR KEMAH EP WASHINGTON VICE PRESIDENT 0.30 X X 0 0 0 MS SUZANNE J WALSTRUM TREASURER 0.30 X X 0 0 0 MR DA ABRAMS SECRETARY 0.30 X X 0 0 0 MS NANCY C ADAMS DIRECTOR (JOINED 1/1/24) 0.30 X 0 0 0 DR J ROBERT BUCHANAN DIRECTOR 0.30 X 0 0 0 DR XIMENA CATEPILLAN DIRECTOR 0.30 X 0 0 0 MR DEXTER DAVIS DIRECTOR (JOINED 1/1/24) 0.30 X 0 0 0 MR ABRAM DIFFENBACH DIRECTOR 0.30 X 0 0 0 MR JOHN HELD DIRECTOR 0.30 X 0 0 0 MS CHERYL HOLLAND-JONES DIRECTOR 0.30 X 0 0 0 MR ARMOND KINSEY DIRECTOR 0.30 X 0 0 0 MR JASON S LONG DIRECTOR (JOINED 1/1/24) 0.30 X 0 0 0 MS ELIZABETH A LUKE DIRECTOR (JOINED 1/1/24) 0.30 X 0 0 0 MR BENJAMIN PEARL DIRECTOR (JOINED 1/1/24) 0.30 X 0 0 0 DR SYLVIA SHELLENBERGER DIRECTOR 0.30 X 0 0 0 MS STEVI N SPRENKLE DIRECTOR 0.30 X 0 0 0 MR WILLIAM D STADDEN DIRECTOR 0.30 X 0 0 0 MS HOLLY TREGO DIRECTOR 0.30 X 0 0 0 DR JENNIFER A CHAMBERS DIRECTOR (JOINED 1/1/24) 0.30 X 0 0 0 MR THEODORE WEABER DIRECTOR (JOINED 1/1/24) 0.30 X 0 0 0 MS DENISE WERNER DIRECTOR 0.30 X 0 0 0 DR MIRIAM M WITMER DIRECTOR (JOINED 1/1/24) 0.30 X 0 0 0 DR JENNIFER WOOD DIRECTOR 0.30 X 0 0 0 MR BRIAN WORRELL DIRECTOR (JOINED 1/1/24) 0.30 X 0 0 0 0 0 0 0 0 0 0 0 769 1317913 210768 1318682 1281610 9709 1271901 8582780 7742805 839975 839975 4037 835938 RECOVERY OF PREVIOUSLY UNCOLLECTI 900099 5356 5356 5356 3445623 0 13746 2113195 479672 479672 814493 814493 2785 2785 19140 19140 166952 166952 7896 7896 31408 31408 27859 27859 UNIVERSITY FUNDRAISING 176135 176135 TAX EXPENSE 9841 9841 1736181 1294165 265881 176135 2150511 1314562 668441 574739 52846635 60457936 3971832 4247031 77962 55671 59715381 66649939 46785 471131 3455445 3487329 3502230 3958460 X 970287 1049066 55242864 61642413 56213151 62691479 59715381 66649939 X 1709442 4773085 -4199 X X 0 1 X 1 0 X 8275371 2150622 2756270 822173 1318682 15323118 8275371 2150622 2756270 822173 1318682 15323118 7363520 7959598 769102 677058 738286 1041645 1271901 4497992 26904 36122 13746 76772 146713 151127 5356 303196 20201078 0.39400 0.42550 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: RECOVERY OF BAD DEBT - 2019 AMOUNT: $ 146,713. 2022 AMOUNT: $ 151,127. 2023 AMOUNT: $ 5,356. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56213150 1318682 6705616 1294165 251804 62691479 51545620 1256680 5436691 1480732 545109 56213150 56906269 3222454 -6109158 1717941 756004 51545620 44706017 2604758 11599551 1241982 762075 56906269 36834717 8672258 992678 1380260 413376 44706017 0.01000 0.05000 0.94000 0 0 0 PRIVATE EQUITY FUNDS 2154081 F HEDGE FUND 2092950 F 4247031 AGENCY FUNDS 3382835 PRESENT VALUE OF GIFT ANNUITY PAYABLE 104494 3487329 X 8538934 4773085 514636 -27458 5260263 3278671 166952 166952 3445623 2060606 514636 -23259 491377 1569229 166952 166952 1736181 PART V, LINE 4: TO PROVIDE FUNDS FOR SCHOLARSHIPS AND AWARDS TO SUPPORT STUDENTS AND PROGRAMS OF MILLERSVILLE UNIVERSITY. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CSV OF LIFE INSURANCE -17,903. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -4,199. RECOVERY OF BAD DEBT -5,356. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CSV OF LIFE INSURANCE -17,903. RECOVERY OF BAD DEBT -5,356. 1 MILLERSVILLE UNIVERSITY PO BOX 1002 MILLERSVILLE PA 175510302 232397926 501(C)(3) 429672 0 TO SUPPORT LECTURESHIPS, DEPARTMENTAL EXPENSES STUDENT LODGING INC 508 HILLVIEW AVE MILLERSVILLE PA 17551 232180252 501(C)(3) 50000 0 PRESIDENTIAL DISCRETIONARY EXPENSES 2 0 SCHOLARSHIP/AWARDS 400 814493 PART I, LINE 2: THE ORGANIZATION'S GRANTS ARE USED BY INDIVIDUALS TO ATTEND COLLEGE AT MILLERSVILLE UNIVERSITY WHICH IS IN MILLERSVILLE, PENNSYLVANIA. X 4 210768 MARKET VALUE 0 0 0 0 PART I, COLUMN (B): SCHEDULE M, PART I, COLUMN (C): THE ORGANIZATION RECEIVED NON-CASH ITEMS IN PARTIAL SATISFACTION OF A PRIOR YEAR PLEDGE, AND THEREFORE, THE AMOUNT IS NOT REPORTED ON PART VIII, LINE 1G OF FORM 990 NOR IS IT REPORTED IN COLUMN (C) OF SCHEDULE M. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE DIRECTOR OF ACCOUNTING AND BUDGET. THE ORGANIZATION THEN PROVIDES AN ELECTRONIC COPY TO THE GOVERNING BODY TO REVIEW PRIOR TO FILING. THE FORM IS SIGNED BY THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTORS SIGN THE CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. COMPLIANCE IS ENFORCED WITH EDUCATION AND DISCLOSURE STATEMENTS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -4,199. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT AS OUTLINED IN ARTICLE VII SECTION 6 OF THE BYLAWS. THE AUDIT COMMITTEE DETERMINES WHEN AN RFP FOR AUDITING SERVICES NEEDS TO BE ISSUED TO SOLICIT BIDS FOR SERVICES. THEY EVALUATE THE RESPONSES AND SELECT THE FIRM THEY FEEL WILL BEST SERVE THE NEEDS OF THE FOUNDATION. THE STAFF LIAISON FROM THE ADVANCEMENT OFFICE AND THE UNIVERSITY ACCOUNTING OFFICE PROVIDE TECHNICAL AND CLERICAL ASSISTANCE IN THE PROCESS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 1946 CIDERMILL LANE LLC 205 NORTH GEORGE STREET MILLERSVILLE PA 17551 873703238 ACQUIRE & SELL REAL ESTATE PA 0 0 MILLERSVILLE UNIVERSITY FOUNDATION 1948 CIDERMILL LANE LLC 205 NORTH GEORGE STREET MILLERSVILLE PA 17551 873733612 ACQUIRE & SELL REAL ESTATE PA 0 0 MILLERSVILLE UNIVERSITY FOUNDATION