Austin Peay State University Foundation General Information Contact Information Nonprofit Address Austin Peay State University Foundation Austin Peay State University P.O. Box 4417 Clarksville, TN 37044 Phone (931) 221-7127 Fax 931 221-6289 Web Site Web Site Facebook Facebook Twitter Twitter Email advancement@apsu.edu At A Glance Year of Incorporation 1976 1
Mission & Impact Statements Mission The Austin Peay State University Foundation supports the mission of Austin Peay University, which is a comprehensive university committed to raising the educational attainment of the citizenry, developing programs and services that address regional needs, and providing collaborative opportunities that connect university expertise with private and public resources. These endeavors contribute to the intellectual, economic, social, physical, and cultural development of the region. Background The Austin Peay State University Foundation was established in 1975 to better fulfill the responsibility of providing funds for worthy purposes at APSU that were not sufficiently funded through other sources. The Foundation receives and administers funds for the support of scientific, literary and/or educational scholarships, research and other similar activities including public and community services designed to meet the needs of the citizens of the service area of the University. Impact Philanthropic gifts are needed to satisfy increased demands that have been placed on higher education in recent years. The Austin Peay State University Foundation has the responsibility of searching for and securing private funds which are vital to the University. Private financial support helps Austin Peay fulfill its mission and realize its full potential. The Foundation welcomes your gifts, which are not only investments in quality education, but in quality of life. Needs We have a huge need for scholarships and many other areas within the University. The majority of our students are first generation college students. Other ways to donate, support, or volunteer The University Advancement staff is here to help you support the University through a variety of ways to give. Here are some examples:cash donationsannual gifts (i.e., automated payroll, bank or credit card donations)estate planning (Donating land, buildings or property such as works of art, etc.)commodity gifts such as stocks and investmentsequipment donationsdonation of services such as printing, advertising, etc.company gift matchingapsu offers many opportunities for gifts to be made. Contact us today for more information on how you can make a lasting impact. Online gifts can be made at give.apsu.edu. Service Categories Primary Organization Category Education / Universities Secondary Organization Category Education / Universities Areas of Service Areas Served KY - Christian KY - Todd KY - Todd TN Austin Peay State University Foundation provides scholarship support to students across the state of Tennessee, communities in Kentucky, and Fort Campbell, Kentucky. 2
Programs Programs Endowment Program Description Provides donors with the opportunity to establish an endowed scholarship in honor or memory of someone. The endowment account is established within the APSU Foundation and interest gained is dispersed to an APSU Scholarship recipient. Budget 50000 Category Philanthropy, Voluntarism & Grantmaking, General/Other Philanthropy, Voluntarism & Grantmaking, General/Other Population Served Other Named Groups,, CEO Comments Foundation funding is dependent on gifts from generous donors and market activity. 3
Governance Board Chair Board Chair Mark Holleman Company Affiliation Coldwell Banker Conroy, Marable & Holleman Term Aug 2015 to Aug 2017 Email mholleman@coldwellbanker.com Board Members Name Affiliation Status Mr Billy P Atkins Exec. Committee Member Mr Mark R Briggs Exec. Committee Member Mr Mark Holleman Chair Mr James G Holleman Exec. Committee Member Legends Bank - President & CEO Premier BPO Conroy, Marable & Holleman Real Estate Conroy, Marable, and Holleman Real Estate Mr Don Jenkins President Jenkins & Wynne Mr Ben S Kimbrough, Sr Exec. Committee Member Retired Vice Chair of Bank of America Matching Gift Program Ms Mabel Larson Vice President Larson Enterprises Inc - McDonald's Mr James T Mann Secretary 1st Federal Savings Bank - President Mr Mike P O'Malley VP Mr Wayne H Pace Exec. Committee Member Partner - Wendy's of Bowling Green Inc. Time Warner Inc. Mr Shan W Smith Treasurer Jack B Turner & Associates Mr Jack B Turner Exec. Committee Member Dr Steve Wallace, DDS Exec. Committee Member Jack B Turner & Associates Dentist Board Demographics - Ethnicity African American/Black 5 Asian American/Pacific Islander 0 Caucasian 141 Hispanic/Latino 0 Native American/American Indian 0 Other 0 0 Board Demographics - Gender Male 121 4
Female 25 Unspecified 0 Governance Board Term Lengths 5 Board Term Limits 2 Board Meeting Attendance % 75% Written Board Selection Criteria? Written Conflict of Interest Policy? No Percentage Making Monetary Contributions 0% Percentage Making In-Kind Contributions 0% Constituency Includes Client Representation No Number of Full Board Meetings Annually 2 Standing Committees Executive Investment Development / Fund Development / Fund Raising / Grant Writing / Major Gifts Board Governance 5
Management Executive Director/CEO Executive Director Mr. Kris Phillips Term Start Apr 2016 Email phillipsk@apsu.edu Staff Full Time Staff 0 Part Time Staff 0 Volunteers 0 Contractors 1 Retention Rate 100% Plans & Policies Does the organization have a documented Fundraising Plan? Under Development Does the organization have an approved Strategic Plan? Number of years Strategic Plan Considers 10 When was Strategic Plan adopted? Apr 2015 In case of a change in leadership, is a Management Succession plan in place? Does the organization have a Policies and Procedures Plan? Does the organization have a Nondiscrimination Policy? Does the organization have a Whistle Blower Policy? Does the organization have a Document Destruction Policy? Affiliations Affiliation Year AFP (Association of Fundraising Professionals) 2010 American Association for Higher Education 2010 American Library Association 2010 Association of Collegiated Business Schools 2010 6
Association of Fundraising Professionals - Member 2010 Chamber of Commerce 2010 Nashville Area Chamber of Commerce 2010 Springfield Chamber of Commerce 2010 Tennessee Arts Commission 2010 Council for Advancement and Support of Education (CASE) 2010 CEO Comments All Government Licenses, Non-Discrimination and Risk Management Policies and Procedures are provided by Austin Peay State University to the Austin Peay State University Foundation. 7
Financials Fiscal Year Fiscal Year Start July 01 2013 Fiscal Year End June 30 2014 Projected Revenue $3,000,000.00 Projected Expenses $1,200,000.00 Endowment Value $20,721,555.00 Endowment Spending Policy Percentage Endowment Spending Percentage (if selected) 5% Detailed Financials Revenue and Expenses Total Revenue $6,802,363 $7,166,886 $7,223,394 Total Expenses $5,257,551 $5,027,095 $5,040,793 Revenue Sources Foundation and Corporation $0 $0 -- Contributions Government Contributions $0 $0 $0 Federal $0 $0 -- State $0 $0 -- Local $0 $0 -- Unspecified $0 $0 $0 Individual Contributions $1,931,613 $3,597,478 $3,009,449 Indirect Public Support $0 $0 $0 Earned Revenue $0 $0 $0 Investment Income, Net of Losses $1,007,676 $452,376 $1,383,756 Membership Dues $0 $0 $0 Special Events $0 $0 $0 Revenue In-Kind $2,300,855 $1,730,864 $2,830,189 Other $1,562,219 $1,386,168 $0 8
Expense Allocation Program Expense $3,004,142 $3,400,994 $3,155,339 Administration Expense $2,253,409 $1,626,101 $1,885,454 Fundraising Expense $0 $0 $0 Payments to Affiliates -- -- -- Total Revenue/Total Expenses 1.29 1.43 1.43 Program Expense/Total Expenses 57% 68% 63% Fundraising Expense/Contributed Revenue 0% 0% 0% Assets and Liabilities Total Assets $37,065,787 $36,221,479 $34,589,958 Current Assets $11,647,423 $14,312,458 $13,202,744 Long-Term Liabilities $0 $0 $0 Current Liabilities $83,332 $628,798 $429,522 Total Net Assets $36,982,455 $35,592,681 $34,160,436 Short Term Solvency Current Ratio: Current Assets/Current Liabilities 139.77 22.76 30.74 Long Term Solvency Long-Term Liabilities/Total Assets 0% 0% 0% Top Funding Sources Top Funding Source & Dollar Amount Noncash Contributions $2,300,855 Contributions, Gifts, and Grants $3,597,478 -- Second Highest Funding Source & Dollar Amount Third Highest Funding Source & Dollar Amount Contributions, Gifts, and Grants $1,931,613 Other Revenue $1,562,219 Noncash Contributions $1,730,864 Other Revenue $1,386,168 -- -- Capital Campaign Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? No Campaign Purpose Campaign includes building projects, endowments and funds to support program expansion Capital Campaign Goal $0.00 Campaign Start and End Dates July 0 to 0 Capital Campaign Raised-to-Date Amount $0.00 as of July 0 Capital Campaign Anticipated in Next 5 Years? State Charitable Solicitations Permit TN Charitable Solicitations Registration Exempt - Expires 0 Registration No 0 9
GivingMatters.com Financial Comments Financial figures taken from the 990. 990 was prepared by Stone, Rudolph, & Henry, PLCSchedule B removed for donor privacy. Comment provided by Paige Dempsey, 1/15/2019 Created 04.11.2019. Copyright 2019 The Community Foundation of Middle Tennessee 10