2025-09-15T08:28:50-05:00 2025-04-30 430352985 KERBER ECK & BRAECKEL LLP 3200 ROBBINS ROAD STE 200A SPRINGFIELD IL 62704 990 2024-05-01 850993489 MACMURRAY FOUNDATION AND ALUMNI ASSOCIATION NFP MACM 2172914234 PO BOX 47 JACKSONVILLE IL 62651 TAMMY RUST TREASURER 2172914234 2025-09-02 1 1 KATHLEEN O WARD P01028546 2177890960 2025-09-02 2024 2025-03-06 01:10:19Z TAMMY RUST PO BOX 47 JACKSONVILLE IL 62651 658978 0 X MACALUMFOUNDATION.ORG X 2020 IL THE PURPOSE OF THE ORGANIZATION IS TO ENGAGE IN ACTIVITIES AND FUNDRAISING TO PERSERVE THE HISTORY, MISSION, AND LEGACY OF MACMURRAY COLLEGE. SEE SCHEDULE O FOR MORE DETAILED EXPLANATION. 11 11 0 32 0 0 615246 277868 19950 21633 11188 -46920 0 0 646384 252581 61000 58500 0 0 0 0 0 0 0 86010 133571 147010 192071 499374 60510 959798 1086394 61744 64500 898054 1021894 X THE PURPOSE OF THE ORGANIZATION IS TO ENGAGE IN ACTIVITIES AND FUNDRAISING TO PERSERVE THE HITORY, MISSION, AND LEGAC OF MACMURRAY COLLEGE. SEE SCHEDULE O FOR MORE DETAILED EXPLANATION. 0 0 58500 58500 PROVIDE SCHOLARSHIPS FOR STUDENTS TO ATTEND COLLEGES/UNIVERSITIES IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES. 77854 33472 SUPPORT FOR JACKSONVILLE BASED MUSEUMS OR SIMILAR ORGANIZATION THAT ALLOW PUBLIC ACCESS TO EXHIBITS AND DISPLAYS OF MACMURRAY COLLEGE MEMORABILIA ARTIFACTS AND ARCHIVES DESIGNED TO EXPLAIN THE COLLEGE'S HISTORY AND LEGACY. 11068 21633 TO PRESERVE THE HISTORY, CHARITABLE PURPOSES AND LEGACY OF MACMURRAY COLLEGE, INCLUDING ENGAGING ALUMNI OF THE COLLEGE IN WAYS TO FOSTER THEIR CONTINUING COMMITMENT TO THE COLLEGE'S LEGACY. 147422 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X X TAMMY RUST 2172914234 PO BOX 47 JACKSONVILLE IL 62651 X DAVID EKIN CHAIR 10.00 X X 0 0 0 SANDRA WATSON VICE CHAIR 10.00 X X 0 0 0 SHARON MATHER SECRETARY 10.00 X X 0 0 0 LIZ NOVAK ASSISTANT SECRETARY 2.00 X X 0 0 0 TAMMY RUST TREASURER 10.00 X X 0 0 0 TROY BAKER DIRECTOR 1.00 X 0 0 0 LISA RUNKLE DIRECTOR 1.00 X 0 0 0 WILLIAM STANTON DIRECTOR 1.00 X 0 0 0 JO ANN NELSON DIRECTOR 1.00 X 0 0 0 JANE NICKERSON DIRECTOR 1.00 X 0 0 0 MALEA HARNEY ASSISTANT TREASURER 3.00 X X 0 0 0 0 0 0 0 0 0 0 0 277868 277868 ALUMNI EVENTS AND FUNC 900099 21633 21633 21633 33472 33472 326005 406397 -80392 -80392 -80392 252581 55105 0 -80392 58500 58500 3300 3300 3749 3749 31248 31248 53 53 3997 3997 2817 2817 133 133 3535 3535 DONATIONS 32500 32500 AGREEMENTS AND CONTRACT 28540 28540 UTILITIES 8787 8787 ALUMNI EVENTS 6763 6763 8149 8149 192071 147422 44649 0 13923 24258 2000 600 1533 1400 882005 998399 62337 62337 959798 1086394 744 0 61000 64500 61744 64500 X 633732 705220 264322 316674 898054 1021894 959798 1086394 60510 63330 0 X X 0 1 X 1 0 X 134735 221002 167079 615246 277868 1415930 3813 3843 19950 21633 49239 134735 224815 170922 635196 299501 1465169 0 0 0 1465169 1048 7165 15768 11188 33472 68641 1048 7165 15768 11188 33472 68641 135783 231980 186690 646384 332973 1533810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 64337 X X 0 198357 81900 -6965 7000 3600 262692 197106 10032 -781 8000 198357 208793 5956 -11143 6500 197106 22000 218423 -25529 6000 101 208793 23000 1000 22000 1.00000 0.00000 0.00000 0 0 2000 600 1400 1400 NON EXHAUSTIBLE ART AND MEMORABILIA 62337 62337 X 315911 63330 63330 252581 0 252581 192071 0 192071 0 192071 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, AS SUCH, IS EXEMPT FROM INCOME TAXES UNDER SECTION 509(A) OF THE CODE. THE FOUNDATION HAS RECOGNIZED IN THE FINANCIAL STATEMENTS THE EFFECTS OF ALL TAX POSITIONS AND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT UNRECOGNIZED TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE FINANCIAL POSITION DATE. PENALTIES AND INTEREST ARE INCLUDED IN EXPENSES, IF APPLICABLE. THERE WERE NO INTEREST OR PENALTIES PAID DURING THE YEARS ENDED APRIL 30, 2025 AND 2024. PART LLL LINE 4 PART OF THE ORGANIZATION'S MISSION IS TO PROVIDE SUPPORT FOR JACKSONVILLE BASED MUSEUMS OR SIMILAR ORGANIZATIONS THAT ALLOW PUBLIC ACCESS TO EXHIBITS AND DISPLAYS OF MACMURRAY COLLEGE MEMORABILIA, ARTIFACT AND ARCHIVES DESIGNED TO EXPLAIN THE COLLEGE'S HISTORY AND LEGACY. ALL OF THE MEMORABILIA RECEIVED CAME DIRECTLY FROM MACMURRAY COLLEGE AS THESE ITEMS WERE PART OF THE COLLEGE'S MUSEUM AND HISTORICAL EXHIBITIONS. THEREFORE, THESE ITEMS HAVE CLOSE AND DIRECT TIES TO THE ORGANIZATION'S EXEMPT FUNCTION AND PURPOSE. PART V LINE 4 THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE FOR SCHOLARSHIPS FOR FUTURE COLLEGE STUDENTS, THE TOTAL BALANCE AT THE END OF THE YEAR FOR THIS PURPOSE IS $150,146; AND TO EXCLUSIVELY TO SUPPORT THE PROGRAMS OF THE ORGANIZATION AND NOT THE REGULAR OPERATING EXPENSES, AND INCLUDES THE TOTAL BALANCE AT THE END OF THE YEAR FOR THIS PURPOSE IS $112,546. 1 SCHOLARSHIPS 36 58500 PART I LINE 1 THE FOUNDATION RECEIVES APPLICATIONS FOR SCHOLARSHIPS, REVIEWS EACH SCHOLARSHIP APPLICANT IN A COMMITTEE AND THEN THAT COMMITTEE MAKES RECOMMENDATIONS TO THE BOARD, WHO APPROVES AND AUTHORIZES THE SCHOLARSHIPS AWAD BY AN AFFIRMATIVE VOTE. THE CRITERIA AND MANNER FOR THE SCHOLARSHIPS TO BE APPROVED AND AWARDED ARE DONE VIA THE PROCEDURES AS DESCRIBED IN THE FOUNDATION'S ADOPTED POLICIES AND BY-LAWS. THE USE OF THE FUNDS IS MONITORED BY CONTRIBUTING THE FUNDS DIRECTLY TO THE COLLEGE OR UNIVERSITY ON THE STUDENT'S BEHALF, TO BE CREDITED ON THEIR INDIVIDUAL ACCOUNT, TO PAY FOR THEIR EDUCATIONAL CHARGES BY THEIR SCHOOL. FORM 990, PART III, LINE 1 THE PURPOSE OF MACMURRAY FOUNDATION AND ALUMNI ASSOCIATION, NFP IS TO ENGAGE IN ACTIVITIES AND FUNDRAISING TO PRESERVE THE HISTORY, MISSION AND LEGACY OF MACMURRAY COLLEGE BY PROMOTING, PRESERVING, MAINTAINING, AND SUPPORTING EFFORTS TO PROVIDE SCHOLARSHIPS FOR STUDENTS TO ATTEND INSTITUTIONS OF HIGHER EDUCATION WITH A FOCUS ON CONTINUING THE LEGACY OF MACMURRAY COLLEGE; TO PROVIDE GRANTS TO LNTERNAL REVENUE SERVICE DESIGNATED 501(C)(3) NOT-FOR-PROFIT ORGANIZATIONS IN ILLINOIS THAT ENGAGE IN ACTIVITIES COMPATIBLE WITH THE LEGACY OF MACMURRAY COLLEGE; TO ENGAGE ALUMNI OF MACMURRAY COLLEGE IN WAYS TO FOSTER THEIR CONTINUING COMMITMENT TO THE COLLEGE'S LEGACY AND THE PURPOSES OF THIS CORPORATION; TO PROVIDE SUPPORT FOR JACKSONVILLE BASED MUSEUMS OR SIMILAR ORGANIZATIONS THAT ALLOW PUBLIC ACCESS TO EXHIBITS AND DISPLAYS OF MACMURRAY COLLEGE MEMORABLIA, ARTIFACTS AND ARCHIVES DESIGNED TO EXPLAIN THE COLLEGE'S HISTORY AND LEGACY; AND, TO ENGAGE IN SUCH OTHER ACTIVITIES AND FUNDRAISING DESIGNED TO PRESERVE THE HISTORY, CHARITABLE PURPOSES AND LEGACY OF MACMURRAY COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS ALL RECEIVE A PRELIMINARY COPY OF THE 990 AND REVIEW IT. AFTER THEY ALL REVIEW, ANY QUETIONS OR CONCERNS ARE ADDRESSED AND THE FINAL 990 IS THEN PRESENTED. THEN THE FINAL 990 IS AGAIN PRESENTED FOR REVIEW PRIOR TO FILING. THE ORGANIZATION ALSO DOCUMENTS THE DIRECTORS' REVIEW MEASURES TAKEN WITHIN THE MINUTES OF THE SUBSEQUENT MEETING. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH THEIR WRITTEN POLICY, THE ORGANIZATION ALSO KEEPS RECORDS OF PROCEEDINGS OF ANY MATTER IN WHICH A CONFLICT OF INTEREST ARISES FOR ANY MEMBER OF THE BOARD OR COMMITTEE. IN ADDITION TO DISCLOSING ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS, THE POLICY LAYS OUT DUTY TO DISCLOSE PROCEDURES WHICH INCLUDE IMMEDIATE DISCLOSURE ONCE A CONFLICT ARISES, HOW TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, THE PROCEDURES FOR ADDRESSING IT, AND ACTIONS TO TAKE IF A VIOLATION OF THE POLICY OCCURS. THE BOARD AND COMMITTEE MEMBERS ALSO USE THE ON-YOUR-HONOR METHOD TO MAINTAIN THEIR INTEGRITY ASIDE FROM THE WRITTEN POLICY. IN THAT REGARD, THE POLICY IS PERPETUALLY MONITORED. FORM 990, PART VI, SECTION C, LINE 19 ANYONE INTERESTED IN SEEING THE DOCUMENTS OPEN TO PUBLIC INSPECTION IN ACCORDANCE WITH SECTION 6104 CAN VIEW THEM LOCALLY UPON REQUEST. ANYONE REQUESTING TO SEE THE DOCUMENTS NEEDS TO CONTACT THE ORGANIZATION AND ARRANGEMENTS WILL BE MADE AT AS SOON POSSIBLE PROVIDE THE DOCUMENTS FOR VIEWING. FORM 990, PART XII, LINE 2C THE FOUNDATION HAS A BOARD OF DIRECTORS THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT.