2026-03-26T09:49:29-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 4150 2ND STREET SOUTH SUITE 400 ST CLOUD MN 56301 990 2024-07-01 416019040 ST CLOUD STATE UNIVERSITY FOUNDATION INC STCL 3203083177 720 FOURTH AVENUE SOUTH ST CLOUD MN 56301 MARK PARSONS INTERIM EXECUTIVE DIRECTOR 3203083177 2026-03-23 1 1 JASON NEUMANN CPA P01690179 3202035500 2026-03-23 2024 2025-03-06 01:10:19Z MARK PARSONS 720 FOURTH AVENUE SOUTH ST CLOUD MN 56301 16767774 0 X WWW.STCLOUDSTATE.EDU/FOUDATION X 1958 MN SERVE THE STUDENTS, FACULTY AND STAFF OF ST. CLOUD STATE UNIVERSITY THROUGH CHARITABLE GIFTS. 18 18 0 50 0 0 4905700 2508400 0 0 1614812 3596651 24709 21064 6545221 6126115 4636955 2383795 0 0 1638056 639352 0 0 732047 1075601 990531 7350612 4013678 -805391 2112437 60245590 65495716 498734 225496 59746856 65270220 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 1535489 1441969 0 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. 988567 928358 0 DEPARTMENTAL SUPPORT - THE FOUNDATION PROVIDES SUPPORT TO THE COLLEGES AND DEPARTMENTS OF THE UNIVERSITY. OVER 150 UNITS OF THE UNIVERSITY BENEFIT FROM THESE EFFORTS. 14341 13468 0 OTHER UNIVERSITY SUPPORT - THE FOUNDATION PROVIDES OTHER SUPPORT TO THE UNIVERSITY FOR VARIOUS OPERATIONAL AND PROGRAM PURPOSES. 2538397 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 19 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MN X CONNIE ROBINSON 3203083177 720 FOURTH AVENUE SOUTH ST CLOUD MN 56301 DAVE MINGO CHAIR 1.50 0.00 X X 0 0 0 CARRIE KARKI VICE CHAIR 1.50 0.00 X X 0 0 0 JOHN HERGES SECRETARY 1.50 0.00 X X 0 0 0 SCOTT ANDERSON TRUSTEE 1.00 0.00 X 0 0 0 BARCLAY CARRIAR TRUSTEE 1.00 0.00 X 0 0 0 CHARLIE EISENREICH TRUSTEE 1.00 0.00 X 0 0 0 SANDY HANSEN-WOLFF TRUSTEE 1.00 0.00 X 0 0 0 CHRISTIN HEGLE TRUSTEE 1.00 0.00 X 0 0 0 TODD JACKSON TRUSTEE 1.00 0.00 X 0 0 0 PREETH JOHN TRUSTEE 1.00 0.00 X 0 0 0 CHUCK SELL TRUSTEE 1.00 0.00 X 0 0 0 NINA SKAGE TRUSTEE 1.00 0.00 X 0 0 0 MIKE ROOS TRUSTEE 1.50 0.00 X 0 0 0 PATRICIA SPARKS TRUSTEE 1.00 0.00 X 0 0 0 LISA STARK TRUSTEE 1.00 0.00 X 0 0 0 CHRIS THIEBAUT TRUSTEE 1.00 0.00 X 0 0 0 DOMINIC TURPIN TRUSTEE 1.00 0.00 X 0 0 0 LYNNE WARNE TRUSTEE 1.00 0.00 X 0 0 0 NICHOLAS KATONA EXECUTIVE DIRECTOR - PART YEAR 18.80 21.20 X 206791 0 32020 MARK PARSONS EXECUTIVE DIRECTOR - AS OF 6/25 18.80 21.20 X 0 0 0 CONNIE ROBINSON DIRECTOR OF FINANCE 40.00 0.00 X 105344 0 33050 312135 0 65070 0 0 1 1 0 2508400 10348 2508400 1783311 1783311 12454999 10641659 1813340 1813340 1813340 MISC REVENUE 900099 21064 21064 21064 6126115 0 0 3617715 2383795 2383795 639352 22689 130923 485740 3250 3250 53717 53717 149627 149627 949 435 514 11078 8229 1546 1303 428077 11547 179062 237468 154797 154797 16605 6912 2671 7022 23332 23332 10819 10819 ALUMNI EVENTS 103165 103165 RESEARCH/MAINTENANCE 21583 21583 SUBSCRIPTIONS/MEMBERSHI 7239 7239 STAFF DEVELOPMENT 6293 2060 4233 4013678 2538397 743234 732047 197169 246495 972472 1493694 1250805 925207 50 50 154308 147165 676777 437350 261983 239427 54599966 59624327 1962148 2319351 500000 500000 346689 0 60245590 65495716 173262 21677 95267 97767 230205 106052 498734 225496 X 3751562 4140096 55995294 61130124 59746856 65270220 60245590 65495716 X 2112437 3441874 -30947 X 0 1 X 1 0 X 3496296 6439074 1522419 3701080 2508400 17667269 1694603 1628031 1364264 1204620 1194272 7085790 5190899 8067105 2886683 4905700 3702672 24753059 1147895 23605164 1027885 1236917 1433404 1558849 1783311 7040366 53536 34012 24709 21064 133321 31926746 0.73940 0.76090 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. 2024 AMOUNT: $ 21,064. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 46938395 650760 6469300 3146831 472701 50438923 42147890 2026779 6070420 2367875 938819 46938395 40338166 522609 4284914 2341418 656381 42147890 43909586 4912667 -5724665 2731590 27832 40338166 33688134 2405554 9771835 2176055 -220118 43909586 0.00227 0.59187 0.40586 0 0 139000 139000 107145 93838 13307 430632 343512 87120 239427 ANNUITIES PAYABLE 106052 106052 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. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 CONTRIBUTIONS RECEIVED N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 ST CLOUD STATE UNIVERSITY 720 FOURTH AVENUE SOUTH ST CLOUD MN 56301 411687554 STATE OF MINNESOTA 2383795 0 N/A N/A ASSISTANCE TO SCSU AND STUDENT SCHOLARSHIPS 1 0 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. FUNDS ARE AWARDED DIRECTLY TO STUDENT ACCOUNTS, SO NO ADDITIONAL MONITORING IS DEEMED NECESSARY. 0 0 0 0 0 0 0 0 0 NICHOLAS KATONA EXECUTIVE DIRECTOR - PART YEAR 206791 0 0 0 0 0 20860 0 11160 0 238811 0 0 0 CONNIE ROBINSON DIRECTOR OF FINANCE 105344 0 0 0 0 0 7045 0 26005 0 138394 0 0 0 SCHEDULE J, PART II COMPENSATION IS PAID BY AN UNRELATED ORGANIZATION, ST. CLOUD STATE UNIVERSITY. THE UNIVERSITY PROVIDES AN INDEPENDENT SALARY RANGE BASED ON COMPARABLE DATA AND EMPLOYEE CLASSIFICATION. THIS PROCESS WAS LAST COMPLETED IN 2023. X 2 9998 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPORTS 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 A, LINE 7A THE CHAIR OF THE ST. CLOUD STATE UNIVERSITY ALUMNI ASSOCIATION BOARD, OR HIS OR HER DESIGNEE FROM THE EXECUTIVE COMMITTEE OF THE ASSOCIATION, SHALL AUTOMATICALLY BE A MEMBER OF THE BOARD OF TRUSTEES. THE VICE PRESIDENT OF UNIVERSITY ADVANCEMENT SHALL ACT AS THE EXECUTIVE DIRECTOR OF THE CORPORATION AND SHALL BE APPOINTED BY THE UNIVERSITY PRESIDENT IN CONSULTATION WITH THE FOUNDATION'S BOARD OF TRUSTEES. THE DIRECTOR OF FINANCE OF THE FOUNDATION SHALL BE APPOINTED BY THE EXECUTIVE DIRECTOR AFTER CONSULTATION WITH THE UNIVERSITY PRESIDENT AND THE BOARD OR TRUSTEES. 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. FORM 990, PART XI, LINE 9: PLEDGES WRITE-OFF -30,947.