Form 990 for tax year 2022
Filed by NORTHERN KENTUCKY UNIVERSITY FOUNDATION INC.
Totals
- Total revenue
- $7,523,777
- Total expenses
- $10,415,607
- Contributions and grants received
- $5,610,276
- Grants paid
- $6,484,922
- Program service revenue
- $0
- Investment income
- $1,311,624
- Other revenue
- $601,877
- Total assets, end of year
- $151,402,720
- Total liabilities, end of year
- $15,796,406
- Net assets or fund balances, end of year
- $135,606,314
- Program services expenses (Part IX)
- $9,135,339
- Management and general expenses
- $1,220,649
- Fundraising expenses
- $59,619
- Program service expenses (Part III)
- $9,135,339
Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$107,723
-
1e · Government grants (contributions)
$10,000
-
1f · All other contributions, gifts and grants
$5,492,553
-
1g · Noncash contributions included above
$31,268
-
3 · Investment income
total $3,065,375 · unrelated business $316,430 · excluded $2,748,945
-
6a · Gross rents
real property $145,276
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $145,276
-
6d · Net rental income or loss
total $145,276 · excluded $145,276
-
7a · Gross sales of assets other than inventory
securities $9,121,000
-
7b · Less cost or other basis and sales expenses
securities $10,874,751
-
7c · Gain or loss
securities -$1,753,751
-
7d · Net gain or loss
total -$1,753,751 · excluded -$1,753,751
-
8a · Fundraising events: gross income
$112,670
-
8a · Fundraising events: contributions included on line 1c
$107,723
-
8b · Fundraising events: direct expenses
$169,508
-
8c · Net income from fundraising events
total -$56,838 · excluded -$56,838
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $513,439 · excluded $513,439
-
11e · Other revenue, total
$513,439
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,484,922 · program services $6,484,922
-
11b · Fees: legal
total $6,485 · program services $1,173 · management and general $5,312
-
11c · Fees: accounting
total $45,125 · management and general $45,125
-
11f · Fees: investment management
total $1,086,175 · management and general $1,086,175
-
11g · Fees: other
total $269,040 · program services $259,552 · management and general $9,288 · fundraising $200
-
12 · Advertising and promotion
total $94,341 · program services $91,615 · fundraising $2,726
-
13 · Office expenses
total $757,024 · program services $717,687 · management and general $19,217 · fundraising $20,120
-
14 · Information technology
total $15,002 · program services $15,002
-
16 · Occupancy
total $45,934 · program services $42,759 · fundraising $3,175
-
17 · Travel
total $555,258 · program services $547,047 · management and general $3,279 · fundraising $4,932
-
23 · Insurance
total $17,948 · program services $858 · management and general $17,090
-
24a · Other expenses: MISCELLANEOUS
total $1,038,353 · program services $974,724 · management and general $35,163 · fundraising $28,466
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $12,861,083 · end of year $6,566,913
-
3 · Pledges and grants receivable
beginning of year $6,969,698 · end of year $5,991,910
-
4 · Accounts receivable
beginning of year $557,632 · end of year $211,467
-
7 · Other notes and loans receivable
beginning of year $72,119 · end of year $203,237
-
9 · Prepaid expenses and deferred charges
beginning of year $210,019 · end of year $126,917
-
10a · Land, buildings and equipment: cost or other basis
$531,209
-
10b · Land, buildings and equipment: accumulated depreciation
$208,028
-
10c · Land, buildings and equipment, net
beginning of year $323,181 · end of year $323,181
-
11 · Investments: publicly traded securities
beginning of year $78,728,946 · end of year $87,803,698
-
12 · Investments: other securities
beginning of year $46,129,258 · end of year $50,175,397
-
17 · Accounts payable and accrued expenses
beginning of year $323,919 · end of year $333,572
-
19 · Deferred revenue
beginning of year $938,600 · end of year $513,612
-
25 · Other liabilities
beginning of year $14,431,350 · end of year $14,949,222
-
27 · Net assets without donor restrictions
beginning of year $6,509,131 · end of year $6,975,416
-
28 · Net assets with donor restrictions
beginning of year $123,648,936 · end of year $128,630,898
Mission and programs · 2022
Mission
THE MISSION OF NORTHERN KENTUCKY UNIVERSITY FOUNDATION IS TO SECURE, INVEST, STEWARD, AND DISTRIBUTE PRIVATE RESOURCES IN SUPPORT OF NORTHERN KENTUCKY UNIVERSITY, TO ADVOCATE FOR THE UNIVERSITY'S BEST INTERESTS, AND TO BUILD LASTING RELATIONSHIPS WITH ALUMNI AND FRIENDS.
Activities or mission (Part I)
SUPPORT NORTHERN KENTUCKY UNIVERSITY THROUGH PROVISION OF SCHOLARSHIPS, FINANCIAL AID, AND OTHER SUPPORT PROGRAMS
-
STUDENT FINANCIAL AID
Expenses $3,373,767 · Grants $3,373,767
-
INSTITUTIONAL SUPPORT
Expenses $1,304,449 · Grants $760,782
-
STUDENT SERVICES
Expenses $1,260,608 · Grants $413,446
-
INSTRUCTION, PUBLIC SERVICE, UNIVERSITY FACILITIES AND EQUIPMENT ACQUISITION, LIBRARIES, ACADEMIC SUPPORT, RESEARCH
Expenses $3,196,515 · Grants $1,936,928
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tom WiedemannTOM WIEDEMANN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Karen FinanKAREN FINAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Marty ButlerMARTY BUTLER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Kevin GessnerKEVIN GESSNER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Mary ZallaMARY ZALLA
AT LARGE
- Total calculated
- $0
- Hours/week
- 2
-
Eric GentryERIC GENTRY
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Bonita BrownBONITA BROWN
NKU INTERIM PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Rich BoehneRICH BOEHNE
NKU REGENT DESIGNEE
- Total calculated
- $0
- Hours/week
- 2
-
Kara WilliamsKARA WILLIAMS
NKU REGENT DESIGNEE
- Total calculated
- $0
- Hours/week
- 2
-
Todd BestTODD BEST
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Garren ColvinGARREN COLVIN
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Brent CooperBRENT COOPER
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Michele HargisMICHELE HARGIS
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Barb JohnsonBARB JOHNSON
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Eric KearneyERIC KEARNEY
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jack KenkelJACK KENKEL
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
John LucasJOHN LUCAS
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Fred MackeFRED MACKE
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Heather QuinleyHEATHER QUINLEY
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Mac RileyMAC RILEY
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jt RobertsJT ROBERTS
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Tim SchigelTIM SCHIGEL
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Rosemary SchlachterROSEMARY SCHLACHTER
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Tracy SchwegmannTRACY SCHWEGMANN
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Chad ScottCHAD SCOTT
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Nathan SmithNATHAN SMITH
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
B Charles AlexanderB CHARLES ALEXANDER
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
J David Bender EsqJ DAVID BENDER ESQ
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Dr Herbert R BoothDR HERBERT R BOOTH
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Dr Leon BootheDR LEON BOOTHE
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Emerson L BrumbackEMERSON L BRUMBACK
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Paul W ChellgrenPAUL W CHELLGREN
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Thomas C Donnelly EsqTHOMAS C DONNELLY ESQ
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Eric A ErnstERIC A ERNST
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Robert R Fitzpatrick JrROBERT R FITZPATRICK JR
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
James L FloodJAMES L FLOOD
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Judith H GibbonsJUDITH H GIBBONS
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Paul A GibsonPAUL A GIBSON
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Merwin GraysonMERWIN GRAYSON
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Daniel R GroneckDANIEL R GRONECK
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Michael J HammonsMICHAEL J HAMMONS
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Kenneth F HarperKENNETH F HARPER
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Gary L Herfel EsqGARY L HERFEL ESQ
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Marcia L HoseaMARCIA L HOSEA
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
James H HuffJAMES H HUFF
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Jason JackmanJASON JACKMAN
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Barry KienzleBARRY KIENZLE
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
The Honorable Kenneth R LucasTHE HONORABLE KENNETH R LUCAS
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Darlene MartinDARLENE MARTIN
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Dr Roger C MeadeDR ROGER C MEADE
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
C Andrew NeagleC ANDREW NEAGLE
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
James R Poston Jr EsqJAMES R POSTON JR ESQ
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Jamie M Ramsey EsqJAMIE M RAMSEY ESQ
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Dr Rogers ReddingDR ROGERS REDDING
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Thomas SaelingerTHOMAS SAELINGER
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Ruth M Seligman DoeringRUTH M SELIGMAN DOERING
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Kevin M SheehanKEVIN M SHEEHAN
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Gregory S Shumate EsqGREGORY S SHUMATE ESQ
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Henry L Stephens Jr EsqHENRY L STEPHENS JR ESQ
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Diane H Sticklen-JordanDIANE H STICKLEN-JORDAN
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Dr Carol J SwartsDR CAROL J SWARTS
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
William C VermillionWILLIAM C VERMILLION
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Dr James C VotrubaDR JAMES C VOTRUBA
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Andra R WardANDRA R WARD
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Brenda L WilsonBRENDA L WILSON
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Richard L MurgatroydRICHARD L MURGATROYD
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
Kris KnochelmannKRIS KNOCHELMANN
EX-OFFICIO MEMBERS
- Total calculated
- $0
- Hours/week
- 0.1
-
Gary MooreGARY MOORE
EX-OFFICIO MEMBERS
- Total calculated
- $0
- Hours/week
- 0.1
-
Steven PenderySTEVEN PENDERY
EX-OFFICIO MEMBERS
- Total calculated
- $0
- Hours/week
- 0.1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
NORTHERN KENTUCKY UNIVERSITY
$3,373,766
STUDENT FINANCIAL AID
-
NORTHERN KENTUCKY UNIVERSITY
$766,517
ACADEMIC SUPPORT
-
NORTHERN KENTUCKY UNIVERSITY
$760,782
INSTITUTIONAL SUPPORT
-
NORTHERN KENTUCKY UNIVERSITY
$649,945
INSTRUCTION
-
NORTHERN KENTUCKY UNIVERSITY
$413,446
STUDENT SERVICES
-
NORTHERN KENTUCKY UNIVERSITY
$334,379
GENERAL
-
NORTHERN KENTUCKY UNIVERSITY
$104,684
RESEARCH
-
NORTHERN KENTUCKY UNIVERSITY
$63,479
FACILITIES & EQUIPMENT ACQUISITION
-
NORTHERN KENTUCKY UNIVERSITY
$17,924
PUBLIC SERVICE
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
REAL ESTATE HOLDINGS · KY · income $126,304 · assets $188,133
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY · income $0 · assets $40,738
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY · income $18,972 · assets $221
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY · income $0 · assets $104,614
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY · income $64,564 · assets $768,683
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY · income $0 · assets $420,000
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY · income $0 · assets $0
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
-
REAL ESTATE HOLDINGS · KY
Directly controlled by NORTHERN KENTUCKY UNIVERSITY FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441369349307509
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