2024-05-03T12:34:48-04:00 2023-06-30 990 2022-07-01 382138856 WESTERN MICHIGAN UNIVERSITY FOUNDATION WEST 2693872365 1903 W MICHIGAN AVE SEIBERT ADM KALAMAZOO MI 49008 COLLEEN SCARFF ASSISTANT TREASURER 2693872365 2023-09-14 COLLEEN SCARFF 999009999 false 2022 2023-04-26 12:10:37Z STEPHEN K PARKER 323834945 false X X 1976 MI MAINTAINING AND ENHANCING AN ENDOWMENT FUND FOR WESTERN MICHIGAN UNIVERSITY 27 24 0 24 172234 154011 50663750 46927825 0 52377377 770304 633333 -30976 103674460 47667153 42848889 50618222 0 0 0 3540370 6668898 9852637 49517787 60470859 54156673 -12803706 1004803081 1029018352 7045 0 1004796036 1029018352 X MISSION STATEMENT (ADOPTED 2018) THE MISSION OF THE WESTERN MICHIGAN UNIVERSITY FOUNDATION IS TO PROMOTE AND SUPPORT WESTERN MICHIGAN UNIVERSITY SO THAT IT CAN EFFECTIVELY CARRY OUT ITS MISSION OF TEACHING, RESEARCH AND SERVICE. THE FOUNDATION ACCOMPLISHES ITS MISSION BY MAINTAINING AND ENLARGING AN ENDOWMENT FUND, THE INCOME FROM WHICH PROVIDES SUPPLEMENTAL FINANCIAL ASSISTANCE FOR CURRENT DEMANDS. THE FOUNDATION ALSO FULFILLS ITS MISSION THROUGH: COST-EFFECTIVE FUND-RAISING PROGRAMS, CONDUCTED BY THE UNIVERSITY ADVANCEMENT OFFICE, WHICH SEEK PARTICIPATION FROM A VARIETY OF WESTERN MICHIGAN UNIVERSITY CONSTITUENTS; PRUDENT AND RESPONSIBLE ADMINISTRATION OF THE ASSETS ENTRUSTED TO IT BY ITS MANY CONSTITUENTS; AND EFFECTIVE DISTRIBUTION OF ITS RESOURCES TO AREAS OF PRIORITY WITHIN WESTERN MICHIGAN THE WMU FOUNDATION IS ADMINISTERED BY THE EXECUTIVE DIRECTOR/SECRETARY, WHO ALSO SERVES AS THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT, AND A VOLUNTEER BOARD OF DIRECTORS, WHO OVERSEE HOW FU false false 54273322 50618222 THE FOUNDATION EXISTS FOR THE PURPOSE OF SOLICITING, COLLECTING AND INVESTING DONATIONS FOR THE BENEFIT OF WESTERN MICHIGAN UNIVERSITY. THE FOUNDATION PROVIDES SUPPORT FOR THE OBJECTIVES, GOALS, AND MISSION OF THE UNIVERSITY. 54273322 true true false false false false false false true true true true false false false false true true false false true false false false false false false true false true false false false false false false false false true true false false true true false false false true 0 0 0 true true false false false false true true false false false false false false X 27 24 false false false false false true false true true false false true true true true true true false false false MI OH X WESTERN MICHIGAN UNIVERSITY 2693872365 1903 W MICHIGAN AVE KALAMAZOO MI 49009 LYNN CHEN-ZHANG DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN K PARKER PRESIDENT 1.00 0.00 X X 0 0 0 JANICE J VAN DER KLEY TREASURER 1.00 50.00 X X 0 299948 44950 COLLEEN SCARFF ASSISTANT TR 1.00 50.00 X 0 213284 39019 KRISTEN R DEVRIES SECRETARY, E 1.00 50.00 X X 0 271831 43814 EDWARD B MONTGOMERY DESIGNATED D 1.00 50.00 X 0 590136 73018 SANDRA L DOCTOR DIRECTOR 1.00 0.00 X 0 0 0 ROBERT M BEAM DIRECTOR 1.00 0.00 X 0 0 0 JAMES S BRADY DIRECTOR 1.00 0.00 X 0 0 0 PATRICK ALLKINS DIRECTOR 1.00 0.00 X 0 0 0 PHIL CHLUDZINSKI DIRECTOR 1.00 0.00 X 0 0 0 JEANNE H CARLSON DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER C WOMACK DIRECTOR 1.00 0.00 X 0 0 0 EDD SNYDER DIRECTOR 1.00 0.00 X 0 0 0 JAMES K SHOLL DIRECTOR 1.00 0.00 X 0 0 0 FLOYD L PARKS DIRECTOR 1.00 0.00 X 0 0 0 KENNETH V MILLER DIRECTOR 1.00 0.00 X 0 0 0 MATTHEW D MACE DIRECTOR 1.00 0.00 X 0 0 0 LARRY LUETH VICE PRESIDE 1.00 0.00 X X 0 0 0 MICHAEL W LEWIS DIRECTOR 1.00 0.00 X 0 0 0 JENNIFER LB LENTNER DIRECTOR 1.00 0.00 X 0 0 0 BJORN GREEN DIRECTOR 1.00 0.00 X 0 0 0 L LEONARD HARRISON DIRECTOR 1.00 0.00 X 0 0 0 RHONDA DAVENPORT JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 JOHN SHAGONABY DIRECTOR 1.00 0.00 X 0 0 0 PAULA TERMUHLEN DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM JOHNSTON DIRECTOR - P 1.00 0.00 X 0 0 0 JONAS PETERSON DIRECTOR 1.00 0.00 X 0 0 0 ROBERT TOBEY JR DIRECTOR 1.00 0.00 X 0 0 0 1375199 200801 false true false 17682276 29245549 816830 46927825 11739628 11739628 264934309 264159 276167792 -11233483 264159 -10969324 264159 -11233483 MISCELLANEOUS 60949 60949 Q-BLK REAL ASSETS II 900099 29342 29342 COMMONFUND CAP NAT'L RES VIII 900099 22078 22078 -143345 -143345 -30976 47667153 172234 567094 50618222 50618222 138890 107890 31000 8664151 3636136 1518645 3509370 401762 401762 2468 2468 31987 18964 13023 MISCELLANEOUS 613379 613379 60470859 54273322 2657167 3540370 32314914 24571255 5695224 1034511 429273023 380300620 4025714 4094995 4025714 348218523 395103453 184177938 222946458 1028464 1036341 1004803081 1029018352 7045 7045 0 X 298166683 303347213 706629353 725671139 1004796036 1029018352 1004803081 1029018352 -12803706 37026022 X false true X true true true X 20614727 29574000 30006037 50663750 29245549 160104063 20614727 29574000 30006037 50663750 29245549 160104063 9915746 150188317 11496147 12067805 10845802 10380353 11911862 56701969 170556 17579 546409 734544 20375 450580 448795 85924 60949 1066623 218607199 0.68700 0.66470 X PART II, LINE 10 1,066,623 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true false 551882476 66125146 37392553 18208446 9055481 628136248 490632437 104141006 -23056796 13415475 6418696 551882476 395949742 6003252 103925423 10244125 5001855 490632437 402026216 14753736 -6223350 9503687 5103173 395949742 402275122 6134820 9624465 10507267 5500924 402026216 0.59000 0.41000 false false 4025714 4025714 4025714 PRIVATE REAL ASSETS 95089381 PRIVATE EQUITY/VENTURE CAPITAL 69113247 HEDGE FUND 34101910 CREDIT/DISTRESSED 24641920 222946458 47667153 47667153 47667153 60470859 60470859 60470859 SCHEDULE D, PAGE 2, PART IV, LINE 1B ENDOWMENT INVESTMENTS OF THE PAPER TECHNOLOGY FOUNDATION AND THE WMU HOMER STRYKER SCHOOL OF MEDICINE ARE POOLED WITH THOSE OF THE WESTERN MICHIGAN UNIVERSITY FOUNDATION FOR EFFICIENCIES OF ACCOUNTING AND INVESTMENT ADMINISTRATION. SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE USED TO PROVIDE SUPPORT TO WESTERN MICHIGAN UNIVERSITY false CENTRAL AMERICA & CARIBBEAN INVESTMENTS 6684587 CENTRAL AMERICA & CARIBBEAN INVESTMENTS 12537617 CENTRAL AMERICA & CARIBBEAN INVESTMENTS 865068 CENTRAL AMERICA & CARIBBEAN INVESTMENTS 9110498 CENTRAL AMERICA & CARIBBEAN INVESTMENTS 7133118 EUROPE INVESTMENTS 5534049 CENTRAL AMERICA & CARIBBEAN INVESTMENTS 12505578 CENTRAL AMERICA & CARIBBEAN INVESTMENTS 48655 CENTRAL AMERICA & CARIBBEAN INVESTMENTS 9968 54429138 54429138 true false false true true false SCHEDULE F, PAGE 1, PART I, LINE 3 CENTRAL AMERICA & CARIBBEAN 0 6,684,587 CENTRAL AMERICA & CARIBBEAN 0 12,537,617 CENTRAL AMERICA & CARIBBEAN 0 865,068 CENTRAL AMERICA & CARIBBEAN 0 9,110,498 CENTRAL AMERICA & CARIBBEAN 0 7,133,118 EUROPE 0 5,534,049 CENTRAL AMERICA & CARIBBEAN 0 12,505,578 CENTRAL AMERICA & CARIBBEAN 0 48,655 CENTRAL AMERICA & CARIBBEAN 0 9,968 false WESTERN MICHIGAN UNIVERSITY 1903 W MICHIGAN AVE KALAMAZOO MI 49008 306007978 GOV 50618222 CAPITAL PROJECTS AND 1 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS ARE PROVIDED TO WESTERN MICHIGAN UNIVERSTIY TO SUPPORT OPERATIONS. false false false false false false false false false JANICE J VAN DER KLEY TREASURER 283267 6500 10181 31159 13791 344898 COLLEEN SCARFF ASSISTANT TREASURER 199631 6000 7653 21959 17060 252303 KRISTEN R DEVRIES SECRETARY, EXEC DIR 263536 1995 6300 14812 29002 315645 EDWARD B MONTGOMERY DESIGNATED DIRECTOR 493290 78341 18505 54629 18389 663154 X 10840 X 18 402636 X 14 58006 X 1 80000 X OTHER 28 199585 X USE OF AUTO 10 65763 false true true SCHEDULE M, PAGE 1, PART I, LINE 32B SECURITIES ARE SOLD BY A THIRD PARTY SCHEDULE M, PAGE 2, PART II PART 1 COLUMN B REPRESENTS THE NUMBERS OF CONTRIBUTIONS RECEIVED IN EACH CATEGORY. FORM 990 - ORGANIZATION'S MISSION MISSION STATEMENT (ADOPTED 2018) THE MISSION OF THE WESTERN MICHIGAN UNIVERSITY FOUNDATION IS TO PROMOTE AND SUPPORT WESTERN MICHIGAN UNIVERSITY SO THAT IT CAN EFFECTIVELY CARRY OUT ITS MISSION OF TEACHING, RESEARCH AND SERVICE. THE FOUNDATION ACCOMPLISHES ITS MISSION BY MAINTAINING AND ENLARGING AN ENDOWMENT FUND, THE INCOME FROM WHICH PROVIDES SUPPLEMENTAL FINANCIAL ASSISTANCE FOR CURRENT DEMANDS. THE FOUNDATION ALSO FULFILLS ITS MISSION THROUGH: COST-EFFECTIVE FUND-RAISING PROGRAMS, CONDUCTED BY THE UNIVERSITY ADVANCEMENT OFFICE, WHICH SEEK PARTICIPATION FROM A VARIETY OF WESTERN MICHIGAN UNIVERSITY CONSTITUENTS; PRUDENT AND RESPONSIBLE ADMINISTRATION OF THE ASSETS ENTRUSTED TO IT BY ITS MANY CONSTITUENTS; AND EFFECTIVE DISTRIBUTION OF ITS RESOURCES TO AREAS OF PRIORITY WITHIN WESTERN MICHIGAN THE WMU FOUNDATION IS ADMINISTERED BY THE EXECUTIVE DIRECTOR/SECRETARY, WHO ALSO SERVES AS THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT, AND A VOLUNTEER BOARD OF DIRECTORS, WHO OVERSEE HOW FUNDS CAN BEST BE USED TO ADDRESS THE MOST URGENT CAMPUS PRIORITIES. HOW FUNDS ARE ALLOCATED IS DICTATED BY THE GOVERNING DOCUMENTS FOR TRUE ENDOWMENTS AND/OR DEPARTMENTS OWNING THE ENDOWMENT. FORM 990, PAGE 6, PART VI, LINE 7A WESTERN MICHIGAN UNIVERSITY HAS THE AUTHORITY TO DESIGNATE FOUR DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEWS THE RETURN AND THEN A COPY OF THE FORM 990 IS PROVIDED TO THE OFFICERS AND DIRECTORS FOR REVIEW PRIOR TO FILING THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICTS ARE DISCLOSED TO THE BOARD AND THE CONFLICTED MEMBER MAY BE ASKED TO LEAVE THE ROOM DURING DISCUSSIONS AND MAY NOT BE ALLOWED TO VOTE. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. STADIUM & DRAKE II LLC 1903 W MICHIGAN AVE KALAMAZOO MI 49009 205516765 REAL ESTAT MI WMU FND WESTERN MICHIGAN UNIVERSITY 1903 W MICHIGAN KALAMAZOO MI 49009 386007326 EDUCATION MI 6 N/A false PAPER TECHNOLOGY FOUNDATION 1903 W MICHIGAN KALAMAZOO MI 49008 381691181 EDUCATION MI 501C3 5 N/A false false true true false false false false false false false false false true true true false true false true WESTERN MICHIGAN UNIVERSITY B 50618222 CASH WESTERN MICHIGAN UNIVERSITY C 17682276 CASH