Organizations Filed Purposes:
Idaho State University Foundation's mission is to stimulate voluntary private support from alumni and friends and others for the benefit of Idaho State University.
To solicit, hold and manage donations for Idaho State University.
The Idaho State University Foundation, Inc. (the Foundation) and Subsidiary was formed in March 1967. The Foundation is a not-for-profit corporation incorporated in accordance with the laws of the State of Idaho and is managed by a volunteer Board of Directors. Under the Idaho State Board of Education's administrative rules the Foundation must be independent of, and cannot be controlled by, Idaho State University (the University). Operating and services agreements between the Foundation and the University define the relationship between the two entities in accordance with the State Board of Education's rules. The mission of the Foundation is accomplished by focusing on three primary service areas. (Continued on Schedule O)Academic, development and program support:The Foundation works to stimulate voluntary private support from alumni, parents, friends, corporations, foundations, and others for the benefit of the University. These resources provide opportunities for students and a degree of institutional excellence unavailable with state funding levels.Endowment and private resource management:The Foundation manages the endowment and other privately donated funds received for the benefit of the University and its programs. Management of these resources includes selection of investment advisors,establishing investment targets and allocations, enhancing returns on invested funds, and managing cash flows to meet the spending needs of the University from endowment and other funds.
The Foundation has a subsidiary corporation called Bengal Pharmacy, LLC (the Pharmacy). The Pharmacy was formed as a limited liability company (LLC) with the Foundation as the sole member. (Continued on Schedule O)The Pharmacy was formed to serve students, administrative staff and faculty being seen at the student health center as well as patients of the Idaho State University (ISU) residency program. The residency program treats patients of a local Federally Qualified Health Center including those who qualify for discount drug purchases under Section 340b of the Public Health Service Act. The pharmacy has expanded its original mission to support ISU's rural health mission by opening tele-health pharmacy locations in Arco, Kendrick, and Challis, Idaho. In addition, students are employed and trained in the pharmacy on many aspects of pharmacy practice, including dispensing and clinical projects such as medication therapy management and medication synchronization. Fourth year students also do pharmacy rotations as part of their training. ISU also has PharmD/MBA seeking students in rotations for the business side of pharmacy operations. Pharmacy Residents are part of an ISU post-graduate training program.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Kent Tingey Until 122019 | Executive Vice President | 10 | $70,654 |
| Brad Hall | Secretary / Legal Counsel | 6.5 | $22,125 |
| Kyle Mcgowan From 112019 | Executive Vice President | 10 | $3,140 |
| Arlo Luke | Treasurer | 2 | $0 |
| Josh Tolman | Board Member | 0 | $0 |
| Steven Skaggs | Board Member | 1 | $0 |
| Michael Prime Until 102019 | Board Member | 2 | $0 |
| Robert Poyser Until 102019 | Board Member | 0.3 | $0 |
| Kent Oram | Board Member | 1 | $0 |
| Tim Olson | Board Member | 2 | $0 |
| Bill Mcnabb | Board Member | 0.5 | $0 |
| Beena Mannan | Board Member | 1.5 | $0 |
| John Kent | Board Member | 2 | $0 |
| Mike Byrne | Lifetime Board Member | 1 | $0 |
| Joseph Jensen | Lifetime Board Member | 3 | $0 |
| Karen Huntsman | Board Member | 0 | $0 |
| Randy Hudspeth | Board Member | 1 | $0 |
| Roger Gibson | Board Member | 1 | $0 |
| Cassandra Gehrke | Board Member | 1.5 | $0 |
| Bill Eames | Board Member | 5 | $0 |
| Dirk Driscoll | Board Member | 0.5 | $0 |
| Reed Brimhall | Board Member | 1 | $0 |
| Larry Bird | Board Member | 4 | $0 |
| Troy Bell | Board Member | 2 | $0 |
| Crystal Allen | Board Member | 0.3 | $0 |
| Valerie Hoybjerg | Past Chair of the Board | 2 | $0 |
| Gene Hoge Until 102019 | Past Chair of the Board | 4 | $0 |
| David Jeppesen | President | 1.25 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202101209349300810_public.xml