2026-02-10T13:13:26-06:00 2025-06-30 411281737 MILLER MCDONALD INC 513 BELTRAMI AVE NW BEMIDJI MN 56601 990 2024-07-01 237044156 BEMIDJI STATE UNIVERSITY ALUMNI AND FOUNDATION BEMI 2187552778 1500 BIRCHMONT DR NE 17 BEMIDJI MN 56601 ALLYSSA JOSEPH EXECUTIVE DIRECTOR 2187552876 2026-02-10 1 1 JOSH SANDEN P01266451 2187516300 2024 2025-03-06 01:10:19Z ALLYSSA JOSEPH 1500 BIRCHMONT DR NE 17 BEMIDJI MN 56601 9186443 0 X WWW.BSUALUMNI.ORG X NONPROFIT FOUNDATION 1969 MN SEE SCHEDULE O 13 13 11 125 0 0 6598036 7812513 0 0 962078 1209227 141578 115594 7701692 9137334 2430392 2686223 0 0 799717 1047114 176896 172520 1200097 207090 306693 3614095 4212550 4087597 4924784 45777549 54522067 144152 202510 45633397 54319557 X THE BEMIDJI STATE UNIVERSITY FOUNDATION WILL INVEST IN THE ADVANCEMENT OF THE UNIVERSITY BY PROMOTING A CULTURE OF PHILANTHROPY AND ENSURING THE FOUNDATION'S FINANCIAL INTEGRITY. 0 0 1237140 1183659 SCHOLARSHIPS AND EDUCATIONAL AWARDS AND ALLOCATIONS TO BSU STUDENTS. 0 0 196107 ENDOWED CHAIRS 1666813 1502564 995272 STUDENT ACTIVITY FUNDS - DISBURSEMENTS MADE IN TRUST FOR VARIOUS BSU ACTIVITY EVENTS. VARIOUS OTHER 1666813 1502564 995272 2903953 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 58 0 1 11 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 MN X ALLYSSA JOSEPH 2187552876 1500 BIRCHMONT DR 17 BEMIDJI MN 56601 MARK SHANFELD BOARD MEMBER 1.00 X 0 0 0 SCOTT KURTZWEG TREASURER 1.00 X X 0 0 0 XIHAO HU BOARD MEMBER 1.00 X 0 0 0 PAUL HANSON BOARD MEMBER 1.00 X 0 0 0 KAY MACK BOARD MEMBER 1.00 X 0 0 0 ABBY MEYER BOARD MEMBER 1.00 X 0 0 0 DOUG FREDRICKSON PRESIDENT 1.00 X X 0 0 0 ROGER REIERSON BOARD MEMBER 1.00 X 0 0 0 LISA KITTLESON SECRETARY 1.00 X X 0 0 0 JAKE RICHMANN BOARD MEMBER 1.00 X 0 0 0 DAVE SORENSON BOARD MEMBER 1.00 X 0 0 0 JIM WALRATH BOARD MEMBER 1.00 X 0 0 0 JANE BERMAN BOARD MEMBER 1.00 X 0 0 0 CHRIS CORRADI DIRECTOR OF FINANCE 40.00 X X 68572 0 0 ALLYSSA JOSEPH EXECUTIVE DIRECTOR 40.00 X X 161537 0 0 ADRIAN DUNN DIRECTOR OF DEVELOPMENT 40.00 X 104425 0 0 LISA HOFSTAD VP UNIVERSITY ADVANCEMENT 40.00 X 105582 0 0 440116 0 0 3 0 1 0 0 7812513 7812513 1209227 1209227 9820 9820 63555 0 63555 63555 63555 118996 49109 69887 69887 NET INCREASE (DECREASE 525920 -27668 -27668 -27668 9137334 1191379 0 133442 2686223 2686223 1047114 146596 41885 858633 172520 172520 60527 24211 36316 54154 21662 32492 4234 1540 2694 6896 690 2068 4138 12797 5119 7678 21442 21442 23214 1625 21589 BAD DEBT EXPENSE (RECOV 27370 27370 EXECUTIVE DIRECTOR AUTO 17095 17095 PURCHASED SERVICES 16135 15328 807 PHONATHON INCENTIVES 10027 10027 52802 4764 11930 36108 4212550 2903953 108500 1200097 3467886 536267 2040136 5324565 11318 11318 870292 601027 226098 269265 39607796 47977483 424315 403169 45777549 54522067 76051 135665 68101 66845 144152 202510 X 4307622 4992474 41325775 49327083 45633397 54319557 45777549 54522067 4924784 3761376 0 X X 0 0 0 X 2961726 2565566 3854254 6708671 7940879 24031096 2961726 2565566 3854254 6708671 7940879 24031096 24031096 7683449 -4780128 3500679 4463419 5016312 15883731 39914827 0.60210 0.61720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 39810142 1071382 4017984 110073 922496 44087085 33213793 4145848 3287973 50115 887587 39810142 30043642 1502070 2598018 56893 873044 33213793 35109469 1041387 -5304578 62591 740045 30043642 27433192 1472188 7019945 599558 216298 35109469 0 0 213528 109220 104308 534723 434334 100389 65201 57473 7728 56840 56840 269265 MINERAL RIGHTS 39280 F COMMONFUND CAPITAL PARTNERS IV, L.P. 63782 F MORGAN STANLEY MANAGED FUNDS 47874421 F 47977483 ANNUITIES PAYABLE 66845 66845 X 12957191 3761378 58479 3819857 9137334 0 9137334 4271031 58481 58481 4212550 0 4212550 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATIONS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, BEMIDJI STATE UNIVERSITY FOUNDATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2019. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: IN KIND REVENUES PART XII, LINE 2D - OTHER ADJUSTMENTS: IN KIND EXPENSES X X X X X X 1 BWF 7900 XERCES AVE SOUTH MINNEAPOLIS MN 55431 TRAINING AND PLANNING ACTIVITIES 0 0 0 0 MN GALEN NAGLE GOLF 53744 53744 23555 GORDY SKAAR GOLF 52162 52162 20509 3 13090 13090 5045 118996 118996 49109 49109 69887 1 EDUCATIONAL SCHOLARSHIPS 0 0 0 0 0 0 0 0 0 ALLYSSA JOSEPH EXECUTIVE DIRECTOR 161537 0 0 0 0 0 0 0 0 0 161537 0 0 0 X 3 MARKET VALUE X ADVERTISING 4 0 X HOTEL & LODGING 10 0 X AUCTION ITEMS 102 0 0 1 0 SEQUENCE 1 THE MISSION OF THE BEMIDJI STATE UNIVERSITY ALUMNI & FOUNDATION IS TO ENSURE THE LONG-TERM SUCCESS OF BEMIDJI STATE UNIVERSITY BY FINANCIALLY SUPPORTING ITS MISSION OF PROVIDING STUDENTS WITH THE MOST HIGHLY PERSONALIZED AND RELEVANT EDUCATION OF ANY REGIONAL PUBLIC UNIVERSITY, WHILE FOSTERING ACADEMIC EXCELLENCE, ETHICS-BASED LEADERSHIP AND AN ENVIRONMENT OF GREATER COMMUNITY RESPONSIBILITY. THE VISION STATEMENT FOR THE BEMIDJI STATE UNIVERSITY ALUMNI & FOUNDATION: THE BEMIDJI STATE UNIVERSITY ALUNI & FOUNDATION WILL MAKE A MEANINGFUL DIFFERENCE FOR BEMIDJI STATE UNIVERSITY- AND ITS INHERENT UNIQUENESS, TRADITIONS AND PROMISING FUTURE- BY ENSURING THE FINANCIAL SUPPORT TO ADVANCE ACADEMIC ACHIEVEMENT, TRANSFORM LIVES AND STRENGTHEN THE STATE AND NORTHERN MINNESOTA THROUGH ENHANCED CULTURAL AND ECONOMIC ENERGY. THE FOUNDATION SERVES TO CULTIVATE RELATIONSHIPS WITH THOSE INDIVIDUALS AND ORGANIZATIONS WHO HAVE THE CAPACITY AND AFFINITY TO CONTRIBUTE FUNDS SHORT AND LONG-TERM TO BEMIDJI STATE UNIVERSITY. THESE GROUPS INCLUDE DONORS AND KEY PROSPECTS AMONG ALUMNI, CORPORATIONS, FOUNDATIONS, AND "FRIENDS" OF THE UNIVERSITY. THE BSU ALUMNI & FOUNDATION TARGETS COMMUNICATION TO APPROXIMATELY +43,000 ADDRESSABLE CONSTITUENTS ON RECORD. AMONG THE COMMUNICATION VEHICLES USED NOW OR IN THE PAST ARE THE FOLLOWING: MONTHLY ALUMNI NEWSLETTERS QUARTERLY ALUMNI NEWSLETTERS (HORIZONS) FOUNDATION ALUMNI REPORT FOUNDATION AND ALUMNI ASSOCIATION WEBSITE ALUMNI ONLINE COMMUNITY APPROXIMATELY 20 ADDITIONAL MAILINGS TO INCLUDE INVITATIONS TO ANNUAL MEETINGS, EVENTS, CLASS REUNIONS, ETC. THE FOUNDATION PROVIDES FUNDING TO THE UNIVERSITY FOR SCHOLARSHIPS, RESEARCH PROJECTS, EQUIPMENT, PERSONELL, AND OTHER NEEDS OF THE UNIVERSITY. IN ADDITION TO RAISING HARD DOLLARS, BSU ALUMNI & FOUNDATION ALSO: WORKS WITH INDIVIDUALS WHO WANT TO FULFILL THEIR PHILANTHROPIC GOALS THROUGH ESTATE PLANNING. GIVES BACK TO OUR COMMUNITIES, THE REGION AND THROUGHOUT THE STATE THROUGH LEADERSHIP AND VOLUNTEERISM. ENHANCES THE QUALITY OF LIVES IN THE COMMUNITY AND REGION BY UNDERWRITING AND/OR SPONSORING CULTURAL AND ATHLETIC EVENTS. RECRUITS, TRAINS, COACHES, AND MENTORS VOLUNTEERS. PROVIDES GRANTS TO UNIVERSITY STUDENTS AND FACULTY FOR RESEARCH. ASSISTS THE UNIVERSITY IN THE RECRUITMENT AND RETENTION OF STUDENTS. ENCOURAGES AND ACCEPTS IN-KIND DONATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BSU ALUMNI & FOUNDATION ACCOUNTING OFFICER. THE FORM 990 IS THEN PRESENTED TO THE BSU ALUMNI & FOUNDATION BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C AS PER POLICY, PRIOR TO BOARD ACTION, DISCLOSURE IS REQUIRED. DISCLOSURE FORMS ARE COMPLETED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A "THE FOUNDATION BOARD PRESIDENT WORKS WITH THE UNIVERSITY PRESIDENT TO DETERMINE A RECOMMENDATION FOR APPROPRIATE COMPENSATION. DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES IS USED TO REFERENCE CLASSIFICATION SALARY RANGES BASED ON COMPARABLE BUDGET SIZES. THE RECOMMENDATIONS OF THE TWO PRESIDENTS REQUIRE APPROVAL BY THE MINNESOTA STATE COLLEGES AND UNIVERSITY'S OFFICE OF THE CHANCELLOR." FORM 990, PART VI, SECTION C, LINE 19 THE BSU FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII LINE 2C FORM 990, PART XII, LINE 2C: THE EXECUTIVE COMMITTEE OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS AND THE FINANCE COMMITTEE IS RESPONSIBLE FOR SELECTING/RECOMMENDING AN INDEPENDENT ACCOUNTANT TO THE FULL BOARD OF DIRECTORS FOR THEIR APPROVAL. BEMIDJI STATE UNIVERSITY 1500 BIRCHMONT DRIVE NE BEMIDJI MN 56601 237044156 HIGHER EDUCATION MN 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0