2025-04-21T09:00:14-07:00 2024-06-30 840684388 Wall Smith Bateman Inc 3001 Adcock Cir Alamosa CO 81101 990 2023-07-01 846027518 ADAMS STATE UNIVERSITY FOUNDATION INC ADAM 7195877121 208 EDGEMONT BOULEVARD ALAMOSA CO 81101 TAMMY LOPEZ Executive Direc 2025-04-21 true true Ronald Simmons CPA P01252736 7195893619 2023 2025-03-06 01:10:19Z 208 EDGEMONT BOULEVARD ALAMOSA CO 81101 13973016 false X www.adams.edu X 1962 CO THE ADAMS STATE UNIVERSITY FOUNDATION EXISTS TO PROMOTE AND FURTHER THE INTERESTS, OBJECTIVES AND PURPOSES OF THE UNIVERSITY; TO SEEK AND RECEIVE GIFTS, LEGACIES AND GRANTS OF MONEY OR PROPERTY AND TO ADMINISTER SUCH FOR THE BENEFIT OF THE UNIVERSITY. 17 17 11 0 2331911 6797250 0 627089 1269547 3500 0 2962500 8066797 1949318 2051958 0 0 0 400615 634793 702135 2584111 2754093 378389 5312704 29975684 38478754 59298 92418 29916386 38386336 THE ADAMS STATE UNIVERSITY FOUNDATION EXISTS TO PROMOTE AND FURTHER THE INTERESTS, OBJECTIVES AND PURPOSES OF THE UNIVERSITY; TO SEEK AND RECEIVE GIFTS, LEGACIES AND GRANTS OF MONEY OR PROPERTY AND TO ADMINISTER SUCH FOR THE BENEFIT OF THE UNIVERSITY. false false 2217401 1931654 SCHOLARSHIPS, GRANTS, AWARDS, AND OTHER ALLOCATIONS FOR THE BENEFIT OF ADAMS STATE UNIVERSITY STUDENTS, FACULTY, AND STAFF. THE FOUNDATION ASSISTED 249 RECIPIENTS TO FUND THEIR EDUCATION. TOTAL DONATED SERVICES IN 2023 WERE $68,500. 2217401 true true false false false false false false false true false false false false false true true false false false false false false false false false false true true false false false false false false false false false false false false false false true false false false true 9 0 true 11 true false false false false true true false false 0 false false false false false false false false false false X 17 17 false false false false false false false true true false false false true true true false false true true false X ADAMS STATE UNIVERSITY FOUNDAT 7195897121 208 EDGEMONT BOULEVARD ALAMOSA CO 81102 X TAMMY LOPEZ Executive Direc 40.00 0.00 X 0 54699 24205 FRED BUNCH BOARD MEMBER 0.25 0.00 X 0 0 0 JOE MARTINEZ Vice President 0.25 0.00 X X 0 0 0 KIM MARVEL BOARD MEMBER 0.25 0.00 X 0 0 0 KEITH CERNY BOARD MEMBER 0.25 0.00 X 0 0 0 CHUCK HOUSER BOARD MEMBER 0.25 0.00 X 0 0 0 ED CROWTHER President 5.00 0.00 X X 0 0 0 BUFFIE McFADYEN BOARD MEMBER 0.25 0.00 X 0 0 0 WILLIAM RAKOW BOARD MEMBER 0.25 0.00 X 0 0 0 JENNIFER CHAVEZ BOARD MEMBER 0.25 0.00 X 0 0 0 JOSHUA CODY BOARD MEMBER 0.25 0.00 X 0 0 0 JESSE TORRES BOARD MEMBER 0.25 0.00 X 0 0 0 RICHARD SCANGA BOARD MEMBER 0.25 0.00 X 0 0 0 ED ORTEGA BOARD MEMBER 0.25 0.00 X 0 0 0 CHERYL SCHROEDER SEC/TREASURER 0.25 0.00 X X 0 0 0 TYREE WALTON BOARD MEMBER 0.25 0.00 X 0 0 0 RON HOWARD BOARD MEMBER 0.25 0.00 X 0 0 0 DOROTHY LUCERO BOARD MEMBER 0.25 0.00 X 0 0 0 54699 24205 0 false false false 0 6797250 6797250 0 936615 936615 0 0 0 6239151 5906219 332932 332932 332932 0 0 0 0 8066797 332932 936615 1931654 1931654 120304 120304 0 0 0 0 0 0 0 0 0 0 21925 21925 0 0 0 7560 7560 0 0 0 0 0 521 521 0 0 0 0 0 4979 4979 REIMBURSED ADMIN WAGES 340243 340243 GENERAL ADMINISTRATIVE 129512 45491 48886 35135 ASU SUPPORT 119952 119952 Printing and Publications 58576 46062 12514 18867 6665 12202 2754093 2217401 136077 400615 349273 372111 1060938 894322 14735 0 0 0 0 0 7240 7240 0 0 28523998 37185581 0 0 0 19500 19500 29975684 38478754 59298 92418 59298 92418 X 3297639 5318609 26618747 33067727 29916386 38386336 29975684 38478754 5312704 3157246 X false true X true false X 2307834 3023781 2903055 2331911 6797250 17363831 0 0 2307834 3023781 2903055 2331911 6797250 17363831 0 17363831 1113470 2639304 1391833 839969 1269547 7254123 0 0 24617954 0.70530 0.64460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24992415 5116927 1466007 678028 30897321 23727479 915878 1175220 826162 24992415 19969824 1467091 3147721 857157 23727479 17185165 1350792 2137625 703758 19969824 16840938 344227 17185165 1.00000 false false false X 11224043 3157246 3157246 8066797 8066797 2754093 2754093 2754093 Part X : FIN48 Footnote THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES ON INCOME SUBSTANTIALLY RELATED TO THE FOUNDATION'S EXEMPT PURPOSE UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE. UNDER COLORADO STATUTES, ANY ORGANIZATION RECEIVING EXEMPTION FROM FEDERAL INCOME TAXES IS ALSO EXEMPT FROM COLORADO INCOME TAXES.The Foundation files federal income tax returns. The federal income tax returns prior to fiscal year 2019 are closed. The Foundations policy for evaluating uncertain income tax positions is to only take income tax positions that are more likely than not to be sustained if the taxing authorities were to examine the positions. If applicable, the Foundation classifies interest and penalties as interest expense. There is no cumulative effect of the change on net assets of applying the provisions of FASB ASC 740-10, in the statements of financial condition. true ADAMS STATE UNIVERSITY 208 EDGEMONT BOULEVARD ALAMOSA CO 81101 846000542 1431340 0 SCHOLARSHIP MONEY ADAMS STATE UNIVERSITY 208 EDGEMONT BOULEVARD ALAMOSA CO 81101 846000542 438673 0 ATHLETIC DEVELOPMENT ADAMS STATE UNIVERSITY 208 EDGEMONT BOULEVARD ALAMOSA CO 81101 846000542 61641 0 ACEDEMIC DEPARTMENT PROGRAMS 0 3 WORK STUDY 22 73957 STUDENT PROGRAMMING 31170 GRIZZLY CLUB 15177 PRESIDENT'S FUND Grantmaker's Description of How Grants are Used SCHOLARSHIPS ARE AWARDED THROUGH AN APPLICATION AND SELECTION PROCESS. SEVERAL SCHOLARSHIPS ARE AWARDED THROUGH A COMMITTEE AND THE COMMITTEE COMMUNICATES WITH THE FINANCIAL AID OFFICE OF THE COLLEGE AND THE DIRECTOR OF THE FOUNDATION AS TO WHO THE RECIPIENTS ARE. THE FINANCIAL AID OFFICE ADDS THE SCHOLARSHIP TO THE STUDENT'S BILL AND THE FOUNDATION IS BILLED FROM THE BUSINESS OFFICE. GPA AND NEED ARE TWO COMPONENTS OF SCHOLARSHIP AWARD CRITERIA. Form 990, Part VI, Section B, Line 11b THE EXECUTIVE DIRECTOR WILL REVIEW THE FORM 990 WITH THE PRESIDENT OF THE BOARD BEFORE FILING. Form 990, Part VI, Section B, Line 12c ALL BOARD MEMBERS ARE REQUIRED TO SIGN A DISCLOSURE STATEMENT. THE SIGNED STATEMENT INCLUDES A PARAGRAPH INDICATING THAT THE BOARD MEMBERS ARE REQUIRED TO UPDATE THEIR DISCLOSURE STATEMENT AT ANY TIME THE BOARD MEMBER BECOMES AWARE OF AN INTEREST THAT CONSTITUTES A CONFLICT.THERE HAVE BEEN NO KNOWN POLICY VIOLATIONS TO ENFORCE. Form 990, Part VI, Section B, Line 15a ANY CHANGES IN SALARY ARE WORKED INTO THE BUDGET WHICH REQUIRES BOARD APPROVAL. AS OF NOW THE ALUMNI STAFF IS COMPENSATED BY ADAMS STATE UNIVERSITY AND NOT THROUGH THE FOUNDATION. Form 990, Part VI, Section B, Line 15b ANY CHANGES IN SALARY ARE WORKED INTO THE BUDGET WHICH REQUIRES BOARD APPROVAL. AS OF NOW THE ALUMNI STAFF IS COMPENSATED BY ADAMS STATE UNIVERSITY AND NOT THROUGH THE FOUNDATION. Form 990, Part VI, Section C, Line 19 ALL DOCUMENTS AVAILABLE UPON REQUEST AT THE OFFICE OF THE FOUNDATION. ADAMS STATE UNIVERSITY 208 EDGEMONT BOULEVARD ALAMOSA CO 81101 846000542 UNIVERSITY CO 509(A)1 N/A false false false false false false false false false false false false false false false false false false false false