Nonprofit · EIN 85-4329439
UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC
Tax-exempt · MOSCOW, ID 83844
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $15,100,025 | $11,203,525 | $3,896,500 | $167,157,974 | $142,361,166 | $24,796,808 |
| June 30, 2024 | 990 | $2,989,293 | $12,409,513 | -$9,420,220 | $164,521,330 | $3,566 | $164,517,764 |
| June 30, 2023 | 990 | -$875,932 | $14,506,967 | -$15,382,899 | $160,104,323 | $0 | $160,104,323 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $15,100,025
- Net gain from sales of assets
- $10,820,427
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $10,916,446
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $133,504
- Accounting fees
- $10,500
- Program services (functional)
- $10,916,446
- Management and general (functional)
- $287,079
Balance sheet and other
- Total assets, start of year
- $164,521,330
- Total assets, end of year
- $167,157,974
- Total liabilities, end of year
- $142,361,166
- Net assets, end of year
- $24,796,808
- Publicly traded securities
- $161,562,346
- Net assets without donor restrictions
- $24,796,808
- Gross receipts
- $316,911,438
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2020
- State of legal domicile
- ID
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRIAN FOISY | SECRETARY Officer | 1 | $0 | $318,892 | $15,852 |
| SHAWN KEOUGH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LORI MCCAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LINDA COPPLE TROUT | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRIAN FOISY | SECRETARY Trustee or director, Officer | 1 | $0 | $286,440 | $15,629 |
| SHAWN KEOUGH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LORI MCCAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRIAN FOISY | SECRETARY Trustee or director, Officer | 1 | $0 | $286,440 | $15,629 |
| SHAWN KEOUGH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KURT LIEBICH | PRESIDENT UNTIL MAY 2023 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LORI MCCAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 875 PERIMETER DR MSC 3166, MOSCOW, ID 83844-3166
- In care of
- % SEE FORM 1023 APPENDICES
- Principal officer (990 for 2024)
- BRIAN FOISY, 875 PERIMETER DRIVE MS 3166, MOSCOW, ID 838443166
- Signed the 990
- BRIAN FOISY, SECRETARY
- Phone
- (208) 885-1344
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE PURPOSE AND MISSION OF THE UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC (SIF) IS TO SUPPORT AND ASSIST THE UNIVERSITY OF IDAHO IN ITS ACTIVITIES THROUGH THE INVESTMENT, MANAGEMENT AND ADMINISTRATION OF FUNDS DEPOSITED WITH THE CORPORATION FROM THE UNIVERSITY. THE CORPORATION RECEIVES AND EVALUATES REQUESTS FROM THE UNIVERSITY FOR GRANTS IN AID TO SUPPORT KEY UNIVERSITY GOALS AND OBJECTIVES.
Program accomplishments
- UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC SUPPORTING ORGANIZATION IS RESTRICTED TO ONLY MAKING GRANTS TO THE UNIVERSITY OF IDAHO, TAX EXEMPT ORGANIZATION, UNDER THE ARTICLES OF INCORPORATION.Expenses $10,916,446 · grants $10,916,446
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 85-4329439
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $167,157,974
- Income (IRS master file)
- $316,911,438
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $15,100,025 | $11,203,525 | $167,157,974 | XML |
| 990 | June 2024 | $2,989,293 | $12,409,513 | $164,521,330 | XML |
| 990 | June 2023 | -$875,932 | $14,506,967 | $160,104,323 | XML |
| 990 | June 2022 | $10,914,717 | $10,268,034 | $163,308,798 | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-4329439).
Questions about UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC
- What is the EIN of UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC?
- The employer identification number (EIN) of UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC is 85-4329439.
- Is UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC?
- The 990 for the year ended June 30, 2025 names BRIAN FOISY.
- Who are the officers and directors of UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY OF IDAHO STRATEGIC INITIATIVES FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $15,100,025, expenses of $11,203,525 and total assets of $167,157,974 at year end.
Other nonprofits in MOSCOW
- UNIVERSITY OF IDAHO FOUNDATION INC EIN 23-7098404 · last filed 990 for 2025
- NEW SAINT ANDREWS COLLEGE INC EIN 38-3906568 · last filed 990 for 2025
- IMPACT CAMPUS MINISTRIES INC EIN 27-2480141 · last filed 990 for 2025
- PALOUSE PRAIRIE EDUCATIONAL ORGANIZATION EIN 20-8870679 · last filed 990 for 2025
- MOSCOW CHARTER SCHOOL INC EIN 82-0505459 · last filed 990 for 2025
- JUBILEE SCHOOL INC EIN 82-2498390 · last filed 990 for 2025
- MOSCOW DAY SCHOOL INC EIN 82-0351108 · last filed 990 for 2025
- PI OMEGA ALUMNAE CORP EIN 82-6010309 · last filed 990 for 2025