2025-04-08T07:16:08-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 4150 2ND STREET SOUTH SUITE 400 ST CLOUD MN 56301 990 2023-07-01 416019040 ST CLOUD STATE UNIVERSITY FOUNDATION INC STCL 3203083177 720 FOURTH AVENUE SOUTH ST CLOUD MN 56301 NICHOLAS KATONA EXECUTIVE DIRECTOR 3203083177 2025-04-04 1 0 JASON R NEUMANN P01690179 3202035500 2025-04-04 2023 2025-03-06 01:10:19Z NICHOLAS KATONA 720 FOURTH AVENUE SOUTH ST CLOUD MN 56301 25097637 0 X WWW.STCLOUDSTATE.EDU/FOUDATION X 1958 MN THE FOUNDATION SERVES STUDENTS, FACULTY AND THE STAFF OF ST. CLOUD STATE UNIVERSITY THROUGH CHARITABLE GIFTS. 17 17 0 50 0 0 2886683 4905700 0 0 1666271 1614812 34012 24709 4586966 6545221 3159958 4636955 0 0 1276025 1638056 11336 0 818725 951691 1075601 5399010 7350612 -812044 -805391 55996709 60245590 423605 498734 55573104 59746856 X THE FOUNDATION SERVES THE STUDENTS, FACULTY AND STAFF AT ST. CLOUD STATE UNIVERSITY BY ENGAGING INTERESTED ALUMNI AND FRIENDS IN SUPPORTING THE MISSION, PROGRAMS, AND GOALS OF THE UNIVERSITY. ST. CLOUD STATE UNIVERSITY IS A HIGHLY ACCREDITED REGIONAL COMPREHENSIVE UNIVERSITY THAT PROVIDES EXCELLENT EDUCATION AT AN AFFORDABLE PRICE FOR A DIVERSE STUDENT BODY. KEY AREAS OF SUPPORT INCLUDE SCHOLARSHIPS, FACULTY, PROGRAM, FACILITIES, AND EQUIPMENT. 0 0 2617999 2506490 DEPARTMENTAL SUPPORT - THE FOUNDATION PROVIDES SUPPORT TO THE COLLEGES AND DEPARTMENTS OF THE UNIVERSITY. OVER 150 UNITS OF THE UNIVERSITY BENEFIT FROM THESE EFFORTS. 2217456 2122930 SCHOLARSHIPS - THE FOUNDATION PROVIDES SCHOLARSHIP FUNDS TO THE UNIVERSITY TO AWARD TO DESERVING STUDENTS. OVER 1,000 SCHOLARSHIPS WERE AWARDED TO OVER 1,400 STUDENTS THROUGH THE EFFORTS OF THE FOUNDATION. 7870 7535 OTHER UNIVERSITY SUPPORT - THE FOUNDATION PROVIDES OTHER SUPPORT TO THE UNIVERSITY FOR VARIOUS OPERATIONAL AND PROGRAM PURPOSES. 4843325 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 19 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MN X X CONNIE ROBINSON 3203083177 720 4TH AVE S ST CLOUD MN 56301 NICHOLAS KATONA EXECUTIVE DIRECTOR 40.00 X 0 200593 28576 CONNIE ROBINSON DIRECTOR OF FINANCE 40.00 X 0 107806 32366 DAVE MINGO CHAIRPERSON 1.50 X X 0 0 0 MIKE ROOS TREASURER 1.50 X X 0 0 0 JOHN HERGES SECRETARY 1.50 X X 0 0 0 SCOTT ANDERSON TRUSTEE 1.00 X 0 0 0 BARCLAY CARRIAR TRUSTEE 1.00 X 0 0 0 JESSEKA DOHERTY TRUSTEE 1.00 X 0 0 0 ANDREW GASPERLIN TRUSTEE 1.00 X 0 0 0 SANDY HANSEN-WOLFF TRUSTEE 1.00 X 0 0 0 TODD JACKSON TRUSTEE 1.00 X 0 0 0 PREETH JOHN TRUSTEE 1.00 X 0 0 0 CARRIE KARKI TRUSTEE 1.00 X 0 0 0 PERRY RASSLER TRUSTEE 1.00 X 0 0 0 MOLLY RENSLOW TRUSTEE 1.00 X 0 0 0 CHUCK SELL TRUSTEE 1.00 X X 0 0 0 PATRICIA SPARKS TRUSTEE 1.00 X 0 0 0 DOMINIC TURPIN TRUSTEE 1.00 X 0 0 0 LYNNE WARNE TRUSTEE 1.00 X X 0 0 0 0 308399 60942 2 0 1 0 0 1036715 3868985 1284067 4905700 1558849 1558849 18608379 18552416 55963 55963 55963 MISC REVENUE 900099 24709 24709 24709 6545221 0 0 1639521 4636955 4636955 247882 22619 190796 34467 1010442 1 762756 247685 87175 58144 29031 208077 162162 45915 84480 1322 64641 18517 3722 3722 45649 45649 141140 141140 59799 1134 58665 13560 9835 1035 2690 285034 10862 44166 230006 152857 152857 13123 1462 962 10699 22556 22556 10676 10676 ALUMNI EVENTS 159067 159032 35 STAFF DEVELOPMENT 87422 1060 42 86320 RESEARCH/MAINTENANCE 72823 177 18411 54235 SUBSCRIPTIONS/MEMBERSHI 8173 7713 460 7350612 4843325 1688562 818725 885320 197169 679006 972472 1685177 1250805 50 50 288345 154308 676777 414794 284539 261983 51353642 56562114 500000 500000 320630 346689 55996709 60245590 108177 173262 91787 95267 223641 230205 423605 498734 X 3983059 3751562 51590045 55995294 55573104 59746856 55996709 60245590 -805391 4979143 0 X 0 1 X 1 0 X 5996953 5190899 8067105 2886683 4905700 27047340 5996953 5190899 8067105 2886683 4905700 27047340 1489220 25558120 1170483 1027885 1236917 1433404 1558849 6427538 53536 34012 24709 112257 33587135 0.76090 0.78080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 53,536. 2022 AMOUNT: $ 34,012. 2023 AMOUNT: $ 24,709. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 42147890 2026779 6070420 2367875 938819 46938395 40338166 522609 4284914 2341418 656381 42147890 43909586 4912667 -5724665 2731590 27832 40338166 33688134 2405554 9771835 2176055 -220118 43909586 31093179 1717497 2181169 2161807 -858096 33688134 0.00374 0.67308 0.32318 0 0 139000 139000 107145 93062 14083 430632 321732 108900 261983 ANNUITIES PAYABLE 230205 230205 X 11642105 4979143 49000 209881 5238024 6404081 141140 141140 6545221 7469431 49000 210959 259959 7209472 141140 141140 7350612 PART IV, LINE 2B: THE FOUNDATION HOLDS VARIOUS FUNDS TRANSFERRED TO THEM FROM VARIOUS CONSTITUENTS (INCLUDING, BUT NOT LIMITED TO, COLLEGES WITHIN THE UNIVERSITY, ACADEMIC DEPARTMENTS AND SUPPORT DEPARTMENTS) FOR INVESTMENT MANAGEMENT PURPOSES. THE FUNDS ARE TO BE DISTRIBUTED BACK TO THE CONSTITUENTS AS THEY REQUEST THEM. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO BE INVESTED ACCORDING TO POLICIES AND GOVERNING LAWS, TO PROVIDE A SOURCE OF FINANCIAL SUPPORT FOR THE FACULTY, STAFF, AND STUDENTS OF THE UNIVERSITY PER THE STIPULATION OF THE INDIVIDUAL FUND AGREEMENTS. PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO EXPENSE HAS BEEN RECOGNIZED FOR INCOME TAXES IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION IS NOT A PRIVATE FOUNDATION AND CONTRIBUTIONS TO THE FOUNDATION QUALIFY AS CHARITABLE DEDUCTIONS BY THE CONTRIBUTOR. THE FOUNDATION FILES AS A TAX EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN FUTURE PERIODS, ALL YEARS SINCE INCEPTION WOULD BE SUBJECT TO REVIEW BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM SCSU ALUMNI ASSOCIATION 209,881. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM SCSU ALUMNI ASSOCIATION 210,959. 1 ST CLOUD STATE UNIVERSITY 720 4TH AVE SOUTH ST CLOUD MN 56301 411687554 N/A 4569507 7390 FMV GIFTS IN-KIND ASSISTANCE TO SCSU AND STUDENT SCHOLARSHIPS PART I, LINE 2: GRANTS AND SCHOLARSHIPS ARE DECIDED UPON BY THE UNIVERSITY. THE FOUNDATION NOTIFIES THE UNIVERSITY OF THE AMOUNT OF FUNDS AVAILABLE FOR DISBURSEMENT. THE UNIVERSITY COMMUNICATES WITH THE FOUNDATION THE AMOUNT OF GRANTS AND SCHOLARSHIPS TO AWARD. X X 0 0 0 0 0 0 0 0 0 NICHOLAS KATONA EXECUTIVE DIRECTOR 0 200593 0 0 0 0 0 17552 0 11024 0 229169 0 0 X 1500 FMV X 14110 239962 FMV X 1 1000 FMV X SALARY 1 1036715 FMV X POSTPRODUCTION SERVICE 1 2800 FMV X CAMERA EQUIPMENT 1 2090 FMV 0 1 0 PART I, COLUMN (B): NOTED THE NUMBER OF CONTRIBUTORS FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE BOARD CHAIR AND THE CHAIRS OF EACH COMMITTEE. THE EXECUTIVE COMMITTEE MAY CONDUCT NECESSARY BUSINESS ON BEHALF OF THE BOARD BETWEEN MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE/AUDIT COMMITTEE DISCUSSES THE 990, AFTER HAVING AN OPPORTUNITY TO REVIEW. THE FINANCE/AUDIT COMMITTEE PRESENTS IT LATER TO THE FULL BOARD FOR REVIEW AND ACCEPTANCE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST FORM. THESE ARE THEN REVIEWED AT THE BOARD LEVEL AND POTENTIAL ITEMS ARE DISCUSSED. TYPICALLY, NONE ARE FOUND. IF CONFLICTS ARE FOUND, MEMBERS ABSTAIN FROM VOTING ON THOSE ITEMS WHERE CONFLICTS ARE IN PLAY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE OF MINNESOTA STATE COLLEGES AND UNIVERSITIES. ALL DOCUMENTS ARE AVAILABLE AT THE FOUNDATION OFFICE UPON REQUEST. ST CLOUD STATE UNIVERSITY 720 FOURTH AVE S ST CLOUD MN 56301 411687554 SCHOOL MN N/A N/A N/A 0 ST CLOUD STATE ALUMNI ASSOCIATION 720 4TH AVE S ST CLOUD MN 56301 416039732 SUPPORT SCHOOL MN 501(C)3 5 N/A 0 0 1 1 0 0 0 0 0 0 1 1 1 1 1 1 1 1 0 0