TY 2012 Form 990 Schedule O

efile Public Visual Render ObjectId: 201440909349300609 - Submission: 2014-03-31 TIN: 43-1234200

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.

OMB No. 1545-0047

2012

Open to Public
Inspection

Name of the organization

MISSOURI STATE UNIVERSITY FOUNDATION

Employer identification number

43-1234200

Identifier	Return Reference	Explanation
COMMON PAYMASTER ARRANGEMENT & SALARIES	FORM 990, PART V, LINE 2A, PART VII, SECTION A, & PART IX, LINES 5 & 7	A RELATED ORGANIZATION, MISSOURI STATE UNIVERSITY (MSU), FILES ALL W-2'S AND PAYS ALL PAYROLL TAXES AND BENEFITS ON BEHALF OF THE ORGANIZATION. THE AMOUNT OF W-2 FILED FOR THE YEAR ON PART V, LINE 2A, IS THE AMOUNT OF W-2'S FILED ON BEHALF OF THE FOUNDATION FOR THOSE THAT WORK PRIMARILY FOR THE FOUNDATION. THE AMOUNT LISTED IN COLUMN D OF PART VII, SECTION A, AS PAID BY THE ORGANIZATION WAS PAID THROUGH A W-2 FILED BY MSU, BUT HAS BEEN SHOWN IN COLUMN D FOR THE EXECUTIVE DIRECTOR, WHO WORKS APPROXIMATELY 60% FOR THE FOUNDATION. OTHER SALARIES AND WAGES ON PART IX, LINE 7, IS THE AMOUNT OF SALARIES ALLOCATED TO THE ORGANIZATION FOR DUTIES PERFORMED FOR THE ORGANIZATION.
MEMBERS	FORM 990, PART VI, SECTION A, LINES 6, 7A, & 7B	THE ORGANIZATION ALLOWS FOR UP TO 250 TRUSTEES. AMONG THE TRUSTEES' RESPONSIBILITIES ARE THE ELECTION OF MEMBERS OF THE EXECUTIVE COMMITTEE AND AMENDMENT OF THE BYLAWS.
FORM 990 REVIEW PROCESS	FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. THE PUBLIC DISCLOSURE COPY OF THE FORM 990 WILL INITIALLY BE INTERNALLY REVIEWED. AFTER THIS REVIEW, THE PUBLIC DISCLOSURE COPY OF THE FORM 990 WILL BE PRESENTED TO THE EXECUTIVE COMMITTEE AT THEIR COMMITTEE MEETING. THIS WILL ALLOW FOR THE OPPORTUNITY FOR MEMBERS TO ASK QUESTIONS, MAKE COMMENTS, OR REQUEST CHANGES BEFORE THE FILING OF THE FINAL FORM 990.
CONFLICT OF INTEREST POLICY COMPLIANCE	FORM 990, PART VI, SECTION B, LINE 12C	ANNUAL STATEMENTS ARE GIVEN TO THE BOARD OF DIRECTORS REQUIRING ACKNOWLEDGEMENT THAT EACH DIRECTOR HAS READ THE CONFLICT OF INTEREST POLICY AND AGREES TO COMPLY WITH THE POLICY. IF, AT ANY TIME SUBSEQUENT TO THE STATEMENT, A CONFLICT WERE TO ARISE, THE DIRECTOR IS THEN REQUIRED TO NOTIFY THE PRESIDENT AND EXECUTIVE DIRECTOR IN WRITING. ADDITIONALLY, THE ORGANIZATION SENT OUT A QUESTIONNAIRE PROVIDED BY THE INDEPENDENT ACCOUNTANT TO COMPLY WITH THE 990 REPORTING REQUIREMENTS. WHEN IT IS PROPOSED THAT THE FOUNDATION ENGAGE IN A BUSINESS TRANSACTION, INCLUDING ACCEPTANCE OF ANY GIFT FROM A THIRD PARTY, ANY DIRECTOR WHO HAS ANY DIRECT OR INDIRECT INTEREST IN THE TRANSACTION MUST MAKE A FULL DISCLOSURE OF SUCH INTEREST TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND WILL REFRAIN FROM ALL DELIBERATIONS OR VOTES TAKEN IN REGARD TO SUCH TRANSACTION.
DOCUMENT AVAILABILITY	FORM 990, PART VI, SECTION C, LINE 19	THE ARTICLES OF INCORPORATION, BYLAWS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST ON SITE, BY MAIL, BY FAX, OR BY E-MAIL. THE FINANCIAL STATEMENTS ARE PUBLISHED IN BOTH THE ANNUAL REPORT AND THE AUDITED FINANCIAL REPORT, WHICH ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.
AUDIT COMMITTEE	FORM 990, PART XII, LINE 2C	THE BOARD OF DIRECTORS OF MSU FOUNDATION APPROVES CONTRACTS FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT. HOWEVER, THERE IS NO BOARD OR COMMITTEE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT.

Identifier

Return Reference

Explanation

COMMON PAYMASTER ARRANGEMENT & SALARIES

FORM 990, PART V, LINE 2A, PART VII, SECTION A, & PART IX, LINES 5 & 7

A RELATED ORGANIZATION, MISSOURI STATE UNIVERSITY (MSU), FILES ALL W-2'S AND PAYS ALL PAYROLL TAXES AND BENEFITS ON BEHALF OF THE ORGANIZATION. THE AMOUNT OF W-2 FILED FOR THE YEAR ON PART V, LINE 2A, IS THE AMOUNT OF W-2'S FILED ON BEHALF OF THE FOUNDATION FOR THOSE THAT WORK PRIMARILY FOR THE FOUNDATION. THE AMOUNT LISTED IN COLUMN D OF PART VII, SECTION A, AS PAID BY THE ORGANIZATION WAS PAID THROUGH A W-2 FILED BY MSU, BUT HAS BEEN SHOWN IN COLUMN D FOR THE EXECUTIVE DIRECTOR, WHO WORKS APPROXIMATELY 60% FOR THE FOUNDATION. OTHER SALARIES AND WAGES ON PART IX, LINE 7, IS THE AMOUNT OF SALARIES ALLOCATED TO THE ORGANIZATION FOR DUTIES PERFORMED FOR THE ORGANIZATION.

MEMBERS

FORM 990, PART VI, SECTION A, LINES 6, 7A, & 7B

THE ORGANIZATION ALLOWS FOR UP TO 250 TRUSTEES. AMONG THE TRUSTEES' RESPONSIBILITIES ARE THE ELECTION OF MEMBERS OF THE EXECUTIVE COMMITTEE AND AMENDMENT OF THE BYLAWS.

FORM 990 REVIEW PROCESS

FORM 990, PART VI, SECTION B, LINE 11B

THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. THE PUBLIC DISCLOSURE COPY OF THE FORM 990 WILL INITIALLY BE INTERNALLY REVIEWED. AFTER THIS REVIEW, THE PUBLIC DISCLOSURE COPY OF THE FORM 990 WILL BE PRESENTED TO THE EXECUTIVE COMMITTEE AT THEIR COMMITTEE MEETING. THIS WILL ALLOW FOR THE OPPORTUNITY FOR MEMBERS TO ASK QUESTIONS, MAKE COMMENTS, OR REQUEST CHANGES BEFORE THE FILING OF THE FINAL FORM 990.

CONFLICT OF INTEREST POLICY COMPLIANCE

FORM 990, PART VI, SECTION B, LINE 12C

ANNUAL STATEMENTS ARE GIVEN TO THE BOARD OF DIRECTORS REQUIRING ACKNOWLEDGEMENT THAT EACH DIRECTOR HAS READ THE CONFLICT OF INTEREST POLICY AND AGREES TO COMPLY WITH THE POLICY. IF, AT ANY TIME SUBSEQUENT TO THE STATEMENT, A CONFLICT WERE TO ARISE, THE DIRECTOR IS THEN REQUIRED TO NOTIFY THE PRESIDENT AND EXECUTIVE DIRECTOR IN WRITING. ADDITIONALLY, THE ORGANIZATION SENT OUT A QUESTIONNAIRE PROVIDED BY THE INDEPENDENT ACCOUNTANT TO COMPLY WITH THE 990 REPORTING REQUIREMENTS. WHEN IT IS PROPOSED THAT THE FOUNDATION ENGAGE IN A BUSINESS TRANSACTION, INCLUDING ACCEPTANCE OF ANY GIFT FROM A THIRD PARTY, ANY DIRECTOR WHO HAS ANY DIRECT OR INDIRECT INTEREST IN THE TRANSACTION MUST MAKE A FULL DISCLOSURE OF SUCH INTEREST TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND WILL REFRAIN FROM ALL DELIBERATIONS OR VOTES TAKEN IN REGARD TO SUCH TRANSACTION.

DOCUMENT AVAILABILITY

FORM 990, PART VI, SECTION C, LINE 19

THE ARTICLES OF INCORPORATION, BYLAWS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST ON SITE, BY MAIL, BY FAX, OR BY E-MAIL. THE FINANCIAL STATEMENTS ARE PUBLISHED IN BOTH THE ANNUAL REPORT AND THE AUDITED FINANCIAL REPORT, WHICH ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.

AUDIT COMMITTEE

FORM 990, PART XII, LINE 2C

THE BOARD OF DIRECTORS OF MSU FOUNDATION APPROVES CONTRACTS FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT. HOWEVER, THERE IS NO BOARD OR COMMITTEE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2012

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