2024-05-14T10:06:23-05:00 2023-06-30 FORVIS LLP 201 N Illinois Street Indianapolis IN 46204 990 2022-07-01 356045550 INDIANA STATE UNIVERSITY FOUNDATION INC % LUCY LUNSFORD INDI 8122376100 30 N FIFTH STREET TERRE HAUTE IN 47809 ANDREA L ANGEL CEO 8122376154 2024-05-15 true ANDREA L ANGEL 999009999 NICOLE B FISHBACK P01279475 3173834000 2024-05-15 2 2022 2023-04-26 12:10:37Z INDIANA STATE UNIVERSITY FOUNDATION ANDREA L ANGEL 30 N FIFTH STREET TERRE HAUTE IN 47809 30237797 false X WWW.INDSTATE.EDU/GIVE X 1928 IN TO SECURE AND PRESERVE PRIVATE RESOURCES FOR THE BETTERMENT OF INDIANA STATE UNIVERSITY AND ITS STUDENTS. 34 33 41 176 3824 1092 13715516 14372325 719611 792516 7271203 1132950 -138576 -168388 21567754 16129403 8126518 7417330 0 0 19681 23515 48000 0 419949 1814709 1831380 10008908 9272225 11558846 6857178 114718203 129647619 8705529 7676289 106012674 121971330 X THE FOUNDATION'S MISSION IS TO SECURE AND PRESERVE PRIVATE RESOURCES FOR THE BETTERMENT OF INDIANA STATE UNIVERSITY AND ITS STUDENTS, WHILE PROVIDING DONORS WITH OPPORTUNITIES TO WITNESS AND EXPERIENCE THE RESULTS OF THEIR PHILANTHROPY. false false 5391468 5391468 792516 RESTRICTED AND DESIGNATED EXPENDITURES - GIFTS RECEIVED FOR SPECIFIED PURPOSES AND EXPENDED FOR THESE PURPOSES WHICH PROVIDE SUPPORT TO EDUCATIONAL AND ATHLETIC PROGRAMS INCLUDING THE BAILEY COLLEGE OF ENGINEERING AND TECHNOLOGY, COLLEGE OF ARTS AND SCIENCES, SCOTT COLLEGE OF BUSINESS, BAYH COLLEGE OF EDUCATION, AND COLLEGE OF HEALTH AND HUMAN SERVICES. 2025862 2025862 PROVIDED 1,148 SCHOLARSHIPS AND AWARDS TO 818 INDIANA STATE UNIVERSITY STUDENTS. 69472 ALUMNI ASSOCIATION PROVIDES OUTREACH AND EVENTS WHICH ENCOURAGE FORMER ISU STUDENTS TO REMAIN INVOLVED WITH ISU. 7486802 true true false false false false false true false true true false false false true false false true false false true false false false true false false true true true false false false false false false false false true false false false false true true true false false true X 36 0 true 41 true true true false false false false true true false false false false false false X 34 33 false false false false false true false true true false false true true true true true true true true false AR CA IN KY MD MA MI MN NH NJ NY OR RI SC UT WI X X LUCY LUNSFORD 8122376126 30 N FIFTH STREET TERRE HAUTE IN 47809 X ANDREA ANGEL CEO 37.5 1.0 X X 0 220727 31877 JEREMIAH TURNER ASSC VP UNIV ADVANCEMENT 37.5 0.0 X 0 113279 29725 KENNETH MENEFEE PLANNED/PRINCIPAL GIFTS EX DIR 37.5 0.0 X 0 104907 27341 LUCY LUNSFORD CONTROLLER 37.5 1.0 X 0 88155 8844 ADAM BAHUS ASSISTANT SECRETARY 37.5 0.0 X 0 41038 3759 ELIZABETH BOULET DIRECTOR 1.0 0.0 X 0 0 0 STEVE BAILEY DIRECTOR 1.0 0.0 X 0 0 0 KATHLEEN CABELLO CHAIR, TRUSTEES 1.0 0.0 X 0 0 0 PAUL CHANEY DIRECTOR 1.0 0.0 X 0 0 0 J BART COLWELL DIRECTOR 1.0 0.0 X 0 0 0 JOHN CROUCH DIRECTOR 1.0 0.0 X 0 0 0 KEITH DICKEY DIRECTOR 1.0 0.0 X 0 0 0 SANDI DRULEY DIRECTOR 1.0 0.0 X 0 0 0 DONALD DUDINE IMMEDIATE PAST CHAIR 1.0 0.0 X 0 0 0 JOSEPH EVELO DIRECTOR 1.0 0.0 X 0 0 0 JULIE HECK DIRECTOR 1.0 0.0 X 0 0 0 TROY HELMAN SECRETARY 1.0 0.0 X X 0 0 0 SCOTT JONES DIRECTOR 1.0 0.0 X 0 0 0 TRAVIS KENDALL DIRECTOR 1.0 0.0 X 0 0 0 MARY MCGUIRE TREASURER 1.0 0.0 X X 0 0 0 RANDALL MINAS DIRECTOR 1.0 0.0 X 0 0 0 PATRICK LIMA CHAIR, ALUMNI BOARD 1.0 0.0 X 0 0 0 TODD OSBURN DIRECTOR 1.0 0.0 X 0 0 0 JIM PAJAKOWSKI DIRECTOR 1.0 0.0 X 0 0 0 LINDA PELLEGRINI DIRECTOR 1.0 0.0 X 0 0 0 PAM POORE DIRECTOR 1.0 0.0 X 0 0 0 RICHARD PORTER CHAIR 1.0 0.0 X X 0 0 0 DANIEL RILEY DIRECTOR 1.0 0.0 X 0 0 0 SANDY SENIOR-DAUER DIRECTOR 1.0 0.0 X 0 0 0 RITA SENSEMAN DIRECTOR 1.0 0.0 X 0 0 0 MARIE C SHANKS VICE CHAIR 1.0 0.0 X X 0 0 0 GREG STEENBERG DIRECTOR 1.0 0.0 X 0 0 0 LINDSEY STERGAR DIRECTOR 1.0 0.0 X 0 0 0 GORDON TANNER DIRECTOR 1.0 0.0 X 0 0 0 DAN THIEL DIRECTOR 1.0 0.0 X 0 0 0 SCOTT WATSON DIRECTOR 1.0 0.0 X 0 0 0 LAURA WITTMAN DIRECTOR 1.0 0.0 X 0 0 0 DEBORAH CURTIS DIRECTOR 1.0 0.0 X 0 0 0 0 568106 101546 0 false true false 0 1575105 12797220 5987482 14372325 OTHER PROGRAM SERVICES 900099 792516 792516 792516 2530793 3824 2526969 0 0 0 0 0 12499561 23512 13920916 0 -1421355 23512 -1397843 -1397843 19090 1575105 187478 -168388 -168388 0 0 0 0 0 0 0 16129403 792516 3824 960738 5391468 5391468 2025862 2025862 0 0 0 0 23515 13583 9932 0 0 0 0 8506 8506 80719 80719 0 0 335710 335710 23830 23830 37458 37458 120906 39283 81623 230141 230141 0 459809 459809 84435 11642 2255 70538 0 5389 843 479 4067 85112 85112 0 65551 65551 35612 35612 EVENTS 46360 46360 ENTERTAINMENT 33344 4518 28826 PARKING 5457 5255 202 OTHER EXPENSES 173041 854 8512 163675 9272225 7486802 1365474 419949 9793647 2228557 0 0 5963536 7985304 85437 35754 0 0 0 0 0 0 19934 24997 180789 200291 1627203 1143580 532360 483623 88690625 106849098 5334296 5586975 0 0 0 0 4117579 6253020 114718203 129647619 2688231 477365 0 0 0 0 0 0 0 0 0 0 0 0 4262446 3316431 1754852 3882493 8705529 7676289 X 6237837 10819567 99774837 111151763 106012674 121971330 114718203 129647619 X 6857178 9083129 18349 X false true X true false X 5005699 6521565 18158201 13715516 14372325 57773306 0 0 5005699 6521565 18158201 13715516 14372325 57773306 24754673 33018633 1773521 1803302 1594068 2545213 2530793 10246897 6376 13505 8270 2324 30475 0 68050678 3972212 0.48521 0.49590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100000 X X false 73552657 5664672 6729501 1970245 879069 83097516 79121261 5647244 -8812203 1628151 775494 73552657 63269952 3761678 14703933 1522261 1092041 79121261 60736929 3107581 1415847 1113934 876471 63269952 66025132 1417111 3336633 1174737 8044873 822337 60736929 0.71357 0.28643 true false 900053 530262 369791 100000 627150 613318 113832 483623 0 DUE TO INDIANA STATE UNIVERSITY 758997 PV OF SPLIT INT AGREEMENT 958749 OPERATING LEASE 2164747 3882493 SCHEDULE D, PART III, LINE 4 THE FOUNDATION OWNS AN ARTIST RENDERED SCULPTURE NAMED RENEW THAT IS ON DISPLAY TO PROMOTE CULTURAL EDUCATION FOR THE PUBLIC AND THE INDIANA STATE UNIVERSITY COMMUNITY. SCHEDULE D, PART V, LINE 4 THE FOUNDATION'S ENDOWMENT FUNDS ARE SUBJECT TO DONOR IMPOSED STIPULATIONS THAT THEY BE MAINTAINED PERMANENTLY BY THE FOUNDATION. THE FOUNDATION GENERALLY MAY USE ALL OR PART OF THE INCOME ON RELATED INVESTMENTS FOR GENERAL OR SPECIFIC PURPOSES THAT CONTRIBUTE TO INDIANA STATE'S GROWTH AND SUCCESS. SCHEDULE D, PART X, LINE 2 ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Central America and the Caribbean 0 0 Investments N/A 4570291 0 0 0 0 4570291 4570291 true false true true true false GIVE TO BLUE DA 1318875 1318875 16376 TRIED AND TRUE 61200 55850 5350 14044 600 19083 12 214120 200380 13740 9984 200 127191 1594195 1575105 19090 24028 800 162650 187478 -168388 true INDIANA STATE UNIVERSITY 200 N SEVENTH STREET TERRE HAUTE IN 47809 356001670 501(C)(3) 5391468 SUPPORT EDUCATIONAL AND ATHLETIC PROGRAMS 1 SCHOLARSHIPS AND GRANTS TO STUDENTS 818 2025862 SCHEDULE I, PART I, LINE 2 ALL GRANT EXPENDITURES ARE IN ACCORDANCE WITH THE GRANT AGREEMENT, SUBSTANTIATED WITH PROPER DOCUMENTATION, AND APPROVED BY THE GRANT SUPERVISOR AND DEPARTMENT CHAIR. SCHEDULE I, PART III, LINE 1 INDIANA STATE UNIVERSITY FOUNDATION AWARDS MERIT-BASED AND NEED-BASED SCHOLARSHIPS TO STUDENTS. THESE SCHOLARSHIPS ARE AWARDED IN ACCORDANCE WITH INDIANA STATE UNIVERSITY'S SCHOLARSHIP DISTRIBUTION PRACTICES. THE FOUNDATION GIVES SCHOLARSHIPS DIRECTLY TO THE STUDENT'S ACCOUNTS AT INDIANA STATE UNIVERSITY. X true true false false false false false false false false false ANDREA ANGEL CEO 0 203903 0 0 0 16824 0 19024 0 12853 0 252604 SCHEDULE J, PART I, LINE 1A ANDREA ANGEL AND JEREMIAH TURNER WERE PROVIDED TERRE HAUTE COUNTRY CLUB DUES. THESE BENEFITS ARE NOT INCLUDED AS TAXABLE COMPENSATION BECAUSE THEY ARE USED TO CONDUCT THE FOUNDATION BUSINESS AND NOT FOR PERSONAL USE. SCHEDULE J, PART I, LINE 3 THE COMPENSATION FOR THE ORGANIZATION IS DETEREMINED BY THE RELATED ORGANIZATION INDIANA STATE UNIVERSITY. X 685 RETAIL VALUE X 1200 RETAIL VALUE X 29 603376 MARKET VALUE X 1 142 RETAIL VALUE X 1 2000 RETAIL VALUE X OIL LEASE 2 11000 MARKET VALUE X PRIZES 36 32637 COST X SOFTWARE 3 4940280 RETAIL PRICE X ATHLETICS 21 396162 COST false true false SCHEDULE M, PART I, COLUMN (B) NUMBER OF CONTRIBUTORS: THE TAXPAYER REPORTS THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). FORM 990, PART I, LINE 1 TO SECURE AND PRESERVE PRIVATE RESOURCES FOR THE BETTERMENT OF INDIANA STATE UNIVERSITY AND ITS STUDENTS, WHILE PROVIDING DONORS WITH OPPORTUNITIES TO WITNESS AND EXPERIENCE THE RESULTS OF THEIR PHILANTHROPY. FORM 990, PART V, LINES 2A & 2B EMPLOYEES REPORTED ON W-3, TRANSMITTAL OF WAGE & TAX STATEMENTS: WAGES AND PAYROLL AMOUNTS ARE SHOWN ON THE RETURN. THESE AMOUNTS ARE PAID THROUGH CONTRACTED PAYROLL, NOT THROUGH THE FOUNDATION'S OWN PAYROLL. THUS, NO FORMS W-2 OR PAYROLL RETURNS ARE FILED BY THE FOUNDATION. THE NUMBER ON PART V LINE 2A REPRESENTS THE ESTIMATED NUMBER OF FORMS W-2 THAT WOULD HAVE BEEN FILED IF THE FOUNDATION HAD FILED THEIR OWN FORMS. THIS NUMBER INCLUDES BOTH STAFF AND STUDENT EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A POWER TO APPOINT MEMBERS OF THE GOVERNING BODY: INDIANA STATE UNIVERSITY HAS THE ABILITY TO APPOINT CERTAIN POSITIONS TO THE INDIANA STATE UNIVERSITY FOUNDATION'S GOVERNING BODY. VARIOUS POSITIONS FOR THE UNIVERSITY MUST SERVE AS DIRECTORS FOR THE FOUNDATION PER THE FOUNDATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE 990: THE CONTROLLER OF THE FOUNDATION AND THE CEO PERFORM A DETAILED REVIEW OF THE TAX RETURN BEFORE FILING. THE 990 IS ALSO PROVIDED TO THE FULL BOARD FOR THEIR REVIEW BEFORE IT IS FILED. THE RETURN IS ALSO PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: INDIVIDUALS WITH CONFLICTS MAY NOT PARTICIPATE IN THE CONSIDERATION OF TRANSACTIONS, THEY CAN NOT VOTE ON THEM. CONFLICTS OF INTEREST QUESTIONNAIRES ARE COMPLETED EACH YEAR BY MEMBERS OF THE BOARD OF DIRECTORS. THE ASSISTANT SECRETARY OF THE BOARD COLLECTS THE COMPLETED CONFLICT OF INTEREST FORMS FROM ALL BOARD MEMBERS AND GIVES THEM TO DIRECTOR OF ADVANCEMENT SERVICES TO FILE FOR RECORD KEEPING PURPOSES. BEFORE ANY MATTERS ARE CONSIDERED, THE CHAIR ASKS THAT ANYONE WITH A CONFLICT EXCUSE THEMSELVES. FORM 990, PART VI, SECTION B, LINE 15A & 15B REVIEW OF OTHER OFFICER OR KEY EMPLOYEES COMPENSATION: ALL INDIANA STATE UNIVERSITY FOUNDATION EMPLOYEES ARE INDIANA STATE UNIVERSITY EMPLOYEES. COMPENSATION OF CEO AND OTHER KEY EMPLOYEES IS DETERMINED BY INDIANA STATE UNIVERSITY. COMPARABILITY DATA AND OTHER INFORMATION IS USED TO DETERMINE PROPER COMPENSATION FOR THE CEO AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: BYLAWS AND FORM 990 ARE AVAILABLE ONLINE AT WWW.INDSTATE.EDU/GIVE. CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN NET ASSETS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 18,349 SYCAMORE FOUNDATION HOLDINGS INC 30 NORTH 5TH STREET TERRE HAUTE IN 47809 263673809 SUPPORT IN 501(C)(3) 12A TYPE I ISU FDN true INDIANA STATE UNIVERSITY 200 N 7TH ST TERRE HAUTE IN 47809 356001670 EDUCATION IN 501(C)(3) 2 NA false CHARITABLE REMAINDER TRUSTS (9) TRUST IN NA TRUST false true false false false false false false false false false true false false true true true true true