Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $26,142,967

• 1g · Noncash contributions included above

  $228,116

• 3 · Investment income

  total $2,202,693 · excluded $2,202,693

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6a · Gross rents

  real property $259,584

• 6b · Less rental expenses

  real property $179,124

• 6c · Rental income or loss

  real property $80,460

• 6d · Net rental income or loss

  total $80,460 · excluded $80,460

• 7a · Gross sales of assets other than inventory

  securities $17,708,888

• 7b · Less cost or other basis and sales expenses

  securities $12,598,006

• 7c · Gain or loss

  securities $5,110,882

• 7d · Net gain or loss

  total $5,110,882 · excluded $5,110,882

• 8c · Net income from fundraising events

  total $0

• 9c · Net income from gaming

  total $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: ADMINISTRATION

  total $697,641 · related or exempt $697,641

• 11b · Other revenue: MISCELLANEOUS

  total $369,002 · related or exempt $369,002

• 11e · Other revenue, total

  $1,066,643

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $0

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $365,464 · management and general $182,732 · fundraising $182,732

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $2,378,465 · program services $295,047 · management and general $752,264 · fundraising $1,331,154

• 8 · Pension plan contributions

  total $228,483 · program services $27,860 · management and general $68,850 · fundraising $131,773

• 9 · Other employee benefits

  total $452,563 · program services $44,655 · management and general $198,107 · fundraising $209,801

• 10 · Payroll taxes

  total $188,618 · program services $22,237 · management and general $60,665 · fundraising $105,716

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $0

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $786,927 · program services $786,927

• 11g · Fees: other

  total $0

• 12 · Advertising and promotion

  total $0

• 13 · Office expenses

  total $0

• 14 · Information technology

  total $279,442 · management and general $114,696 · fundraising $164,746

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $81,274 · management and general $26,986 · fundraising $54,288

• 17 · Travel

  total $447,784 · program services $212,146 · management and general $31,573 · fundraising $204,065

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $0

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $0

• 23 · Insurance

  total $0

• 24a · Other expenses: UNIVERSITY SUPPORT

  total $13,732,897 · program services $13,732,897

• 24b · Other expenses: Printing and Publications

  total $188,891 · program services $90,738 · fundraising $98,153

• 24c · Other expenses: Professional Fees

  total $178,416 · management and general $126,609 · fundraising $51,807

• 24d · Other expenses: MISCELLANEOUS EXPENSES

  total $112,239 · management and general $112,138 · fundraising $101

• 24e · All other expenses

  total $78,039 · management and general $18,042 · fundraising $59,997

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,528,209 · end of year $3,051,902

• 2 · Savings and temporary cash investments

  end of year $0

• 3 · Pledges and grants receivable

  beginning of year $23,601,081 · end of year $31,616,325

• 4 · Accounts receivable

  end of year $0

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  end of year $0

• 8 · Inventories for sale or use

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $20,239 · end of year $67,920

• 10a · Land, buildings and equipment: cost or other basis

  $3,533,936

• 10b · Land, buildings and equipment: accumulated depreciation

  $843,293

• 10c · Land, buildings and equipment, net

  beginning of year $2,710,370 · end of year $2,690,643

• 11 · Investments: publicly traded securities

  beginning of year $145,558,615 · end of year $164,002,945

• 12 · Investments: other securities

  beginning of year $31,213,642 · end of year $33,369,601

• 13 · Investments: program-related

  end of year $0

• 14 · Intangible assets

  end of year $0

• 15 · Other assets

  beginning of year $11,130,145 · end of year $11,496,964

• 17 · Accounts payable and accrued expenses

  beginning of year $460,860 · end of year $457,753

• 21 · Escrow or custodial account liability

  beginning of year $38,402,301 · end of year $41,168,343

• 25 · Other liabilities

  beginning of year $323,140 · end of year $284,767

• 27 · Net assets without donor restrictions

  beginning of year $14,966,959 · end of year $15,993,656

• 28 · Net assets with donor restrictions

  beginning of year $164,609,041 · end of year $188,391,781

The filer's explanations (Part III)

Part I, Line 1a: Relevant information in regards to selections on 1a.

The President receives a membership to the Topeka Country Club.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• IMPACT ASSET MANAGEMENT LLC

  REAL ESTATE RENTAL · KS · income $259,584 · assets $2,981,235

  Directly controlled by Washburn University Foundation