2024-09-20T15:35:23-05:00 2023-12-31 430765316 RUBINBROWN LLP 1200 MAIN STREET SUITE 1000 KANSAS CITY MO 64105 990 2023-01-01 852720148 THE KUMMER INSTITUTE FOUNDATION KUMM 5733414122 300 W 13TH ST PARKER HALL STE 204 ROLLA MO 65409 MOHAMMAD DEHGHANI PRESIDENT 5733414122 2024-09-18 1 1 KIMBERLY A RYAN P00829977 8164721122 2023 2024-08-08 14:25:15Z MOHAMMAD DEHGHANI 300 W 13TH ST PARKER HALL STE 204 ROLLA MO 65409 44818647 0 X N/A X 2020 MO TO PROVIDE MISSOURI S&T WITH THE SUPPORT NEEDED TO MAKE MISSOURI S&T ONE OF THE NATION'S LEADING UNIVERSITIES FOR INNOVATION AND A CENTER FOR ENTREPRENEURSHIP. 11 10 0 10 0 0 0 0 0 0 132804308 10771038 0 0 132804308 10771038 16315928 47431738 0 0 0 0 0 0 0 179218 457475 16495146 47889213 116309162 -37118175 357216490 382820057 2542714 18786086 354673776 364033971 TO PROVIDE MISSOURI S&T WITH THE SUPPORT NEEDED TO MAKE MISSOURI S&T ONE OF THE NATION'S LEADING UNIVERSITIES FOR INNOVATION AND A CENTER FOR ENTREPRENEURSHIP. 0 0 47431738 47431738 THE FOUNDATION WILL SUPPORT THE KUMMER INSTITUTE BY PROVIDING MISSOURI S&T (A COMPONENT UNIT OF CURATORS OF THE UNIVERSITY OF MISSOURI) WITH THE FUNDING NEEDED TO ESTABLISH A NEW SCHOOL OF INNOVATION AND ENTREPRENEURSHIP, DEVELOP NEW AREAS OF RESEARCH, PROVIDE NUMEROUS SCHOLARSHIPS AND FELLOWSHIPS FOR STUDENTS, AND BOLSTER THE MISSOURI ECONOMY. 47431738 1 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X MOHAMMAD DEHGHANI 5733414116 300 W 13TH ST 206 PARKER HALL ROLLA MO 654090910 MOHAMMAD DEHGHANI PRESIDENT 10.00 30.00 X X 0 578150 147920 GEORGE P PETERSON CHAIR 5.00 X X 0 0 0 JOAN B WOODARD TREASURER- COMMITTEE CHAIR 2.00 X X 0 0 0 JOSEPH D LEHRER SECRETARY- COMMITTEE CHAIR 5.00 X X 0 0 0 TIM BRADLEY DIRECTOR (BEG 10/23) 2.00 X 0 0 0 BIPIN N DOSHI DIRECTOR 2.00 X 0 0 0 GARY HAVENER DIRECTOR 2.00 X 0 0 0 MAUREEN MIDGLEY DIRECTOR (BEG 10/23) 2.00 X 0 0 0 ERIC POLITTE DIRECTOR (BEG 10/23) 2.00 X 0 0 0 RICHARD WACKER DIRECTOR (BEG 10/23) 2.00 X 0 0 0 KATHRYN WALKER DIRECTOR 2.00 X 0 0 0 0 578150 147920 0 0 1 0 0 9806957 9806957 35011690 34047609 964081 964081 964081 10771038 0 0 10771038 47431738 47431738 32640 32640 254916 254916 110806 110806 37374 37374 21739 21739 47889213 47431738 457475 0 25276352 28897117 331940138 353922940 357216490 382820057 16090 36977 2526624 18749109 2542714 18786086 X 354673776 364033971 354673776 364033971 357216490 382820057 -37118175 46478370 0 X 0 1 X 1 0 X X X 1 CURATORS OF THE UNIVERSITY OF MISSOURI 436003859 5 1 47431738 0 1 47431738 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 817763 0 0 7390721 9806957 7390721 10624720 0 0 0 0 0 0 7390721 10624720 362731102 342175330 12687368 24946883 0 0 375418470 367122213 0 0 0 375418470 367122213 5631277 5506833 369787193 361615380 12942552 12656538 0 0 12942552 12656538 7390721 6282113 12942552 12942552 0 12942552 28682629 0 0 0 0 0 28682629 28682629 12942552 100.000000000000 12942552 0 0 0 0 0 140275 140275 0 140275 0 0 28682629 0 12802277 15880352 0 0 15880352 0 0 0 0 15880352 SCHEDULE A, PART IV, SECTION D, LINE 3 THE FOUNDATION'S OFFICERS AND DIRECTORS MAINTAIN A CLOSE AND CONTINUING RELATIONSHIP WITH THE OFFICERS AND ADVISORS OF MISSOURI S&T (A COMPONENT UNIT OF CURATORS OF THE UNIVERSITY OF MISSOURI), THE SUPPORTED ORGANIZATION, BY VIRTUE OF THE FACT THAT THE CHANCELLOR OF MISSOURI S&T, DR. MOHAMMAD DEHGHANI, IS A MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS. ADDITIONALLY, 3 MEMBERS OF THE SUPPORTED ORGANIZATION'S CHANCELLOR'S ADVISORY BOARD, BIPIN DOSHI, KATHRYN WALKER AND DR. JOAN WOODARD, ARE ALSO MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. DR. JOAN WOODARD, BIPIN DOSHI, AND KATHRYN WALKER ARE ALL MEMBERS OF THE SUPPORTED ORGANIZATION'S CHANCELLOR'S BOARD OF ADVISORS, AND ARE THREE (3) OF THE FOUR (4) MEMBERS OF THE FOUNDATION'S FINANCE COMMITTEE. AS SUCH, ADVISORS OF THE SUPPORTED ORGANIZATION HAVE A SIGNIFICANT VOICE IN THE FOUNDATION'S INVESTMENT POLICIES AND IN DIRECTING THE USE OF THE FOUNDATION'S INCOME AND ASSETS. DR. WOODARD, MR. DOSHI, MS. WALKER AND DR. DEHGHANI, ARE ALL OFFICERS OR ADVISORS OF THE SUPPORTED ORGANIZATION AND MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS, GIVING THEM A SIGNIFICANT VOICE IN THE TIMING AND MAKING OF GRANTS TO THE SUPPORTED ORGANIZATION. SCHEDULE A, PART V, SECTION D, LINE 8 THE KUMMER INSTITUTE FOUNDATION IS RESPONSIVE TO THE NEEDS OF MISSOURI S&T (A COMPONENT UNIT OF CURATORS OF THE UNIVERSITY OF MISSOURI), THE SUPPORTED ORGANIZATION. THE CHANCELLOR OF MISSOURI S&T, DR. MOHAMMAD DEHGHANI, IS A MEMBER OF THE OF THE FOUNDATION'S BOARD OF DIRECTORS. ADDITONALLY, FOUR MEMBERS OF THE SUPPORTED ORGANIZATION'S CHANCELLOR'S ADVISORY BOARD ARE ALSO MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. AS SUCH, ADVISORY BOARD MEMBERS OF THE SUPPORTED ORGANIZATION HAVE A SIGNIFICANT VOICE IN THE FOUNDATION'S INVESTMENT POLICIES AND IN DIRECTING THE USE OF THE FOUNDATION'S INCOME AND ASSETS. DUE TO THESE FACTS, THE KUMMER INSTITUTE FOUNDATION MEETS THE RESPONSIVENESS TEST. 0 56994492 46478370 46478370 10516122 254916 254916 10771038 47634297 0 47634297 254916 254916 47889213 1 CURATORS OF THE UNIVERSITY OF MISSOURI 300 WEST 13TH STREET ROLLA MO 65409 436003859 115 47431738 0 GENERAL SUPPORT 1 0 SCHEDULE I, PART I, LINE 2 THE GRANTS ARE MONITORED THROUGH THE CLOSE AND CONTINUING RELATIONSHIP THE FOUNDATION'S OFFICERS AND DIRECTORS MAINTAIN WITH THE OFFICERS AND TRUSTEES OF MISSOURI S&T (A COMPONENT UNIT OF THE CURATORS OF THE UNIVERSITY OF MISSOURI), THE SUPPORTED ORGANIZATION. 0 1 0 0 0 0 0 0 0 MOHAMMAD DEHGHANI PRESIDENT 0 575870 0 0 0 2280 0 113648 0 34272 0 726070 0 0 PART I, LINE 4B THE EXECUTIVE DIRECTOR AND PRESIDENT PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN UNDER 457 (F). THE AMOUNT ACCRUED AND CONTRIBUTED INTO THE PLAN DURING 2023 WAS $60,000. SCHEDULE J, PART I, LINE 3 THE EXECUTIVE DIRECTOR AND PRESIDENT'S COMPENSATION IS SET BY MISSOURI S&T (A COMPONENT UNIT OF CURATORS OF THE UNIVERSITY OF MISSOURI), A RELATED ORGANIZATION. THE RELATED ORGANIZATION USES AN EMPLOYMENT CONTRACT AND APPROVAL BY THE BOARD OF CURATORS TO SET HIS COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL. ANY QUESTIONS AND CONCERNS THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. THE FINAL FORM 990 WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C INTERESTED PERSONS (BOARD MEMBERS) ARE REQUIRED TO DISCLOSE ANNUALLY, ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OF THE BOARD OR APPLICABLE COMMITTEE. IF A CONFLICT OF INTEREST DOES EXISTS, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, THE INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CURATORS OF THE UNIVERSITY OF MISSOURI 300 WEST 13TH ST ROLLA MO 65409 436003859 EDUCATION MO 115 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0