2024-05-13T09:54:13-05:00 2023-06-30 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2022-07-01 232795443 THE REGENCY FOUNDATION REGE 2157024849 200 MANOR AVENUE LANGHORNE PA 190472990 TODD WILLIAMS PRESIDENT 2157024849 2024-05-13 1 TODD WILLIAMS 999009999 0 HARRISON PEREIRA P00746867 2159798800 2024-05-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TODD WILLIAMS 200 MANOR AVENUE LANGHORNE PA 190472990 489894 0 X WWW.CAIRN.EDU X 1994 PA TO SECURE AND ADMINISTER FINANCIAL RESOURCES FOR THE BENEFIT AND PURPOSES OF CAIRN UNIVERSITY. 6 5 0 0 0 0 791975 480099 0 0 10033 7025 8965 2770 810973 489894 0 0 0 0 0 0 0 0 700 676486 640889 676486 640889 134487 -150995 2596539 2373970 2564857 2512606 31682 -138636 TO SECURE AND ADMINISTER FINANCIAL RESOURCES FOR THE BENEFIT AND PURPOSES OF CAIRN UNIVERSITY. 0 0 607270 THE PROGRAM FOCUSES ON PROMOTING AND FINANCIALLY SUPPORTING CAIRN UNIVERSITY THROUGH IMMEDIATE (CONTRIBUTIONS) AND LONG-TERM ( CHARITABLE ANNUITIES AND TRUSTS) GIVING AND BY EXPANDING A POTENTIAL DONOR BASE BY PROVIDING INVESTMENT AND ESTATE PLANNING FOR INDIVIDUALS VIA OUTSIDE RESOURCES. 607270 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X YUNN KANG SVP-FINANCE 2157024849 200 MANOR AVE LANGHORNE PA 19047 WINFIELD H KEMPF BOARD MEMBER 2.00 2.00 X 0 0 0 JOHN SCHEFLEN BOARD MEMBER 2.00 2.00 X 0 0 0 ED STILLMAN BOARD MEMBER 2.00 2.00 X 0 0 0 G PATRICK STILLMAN BOARD MEMBER 2.00 2.00 X 0 0 0 TODD WILLIAMS PRESIDENT, BOARD MEMBER 2.00 45.00 X X 0 225463 23937 MR ROBERT DOLL BOARD MEMBER 2.00 2.00 X 0 0 0 0 225463 23937 0 0 1 0 0 480099 480099 7025 7025 MISCELLANEOUS 900099 2770 2770 2770 489894 0 0 9795 13250 13250 11370 11370 3213 3213 700 700 122 122 DONOR ADVISED DISTRIBUT 607270 607270 CONTRACTORS 4964 4964 640889 607270 32919 700 51054 35915 596291 402506 38299 36367 2054 1932 1947140 1933617 2596539 2373970 211982 196014 2352875 2316592 2564857 2512606 X 23014 -146780 8668 8144 31682 -138636 2596539 2373970 X -150995 39827 -59150 X 0 1 X 1 0 X X 1 CAIRN UNIVERSITY 230973290 2 1 602270 0 1 602270 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 476099 607270 262270 1 1 0 11156850 11156850 11324707 70774 568568 752214 54985 11156850 38299 36367 1932 1932 ANNUITIES PAYABLE 425702 FUNDS HELD FOR AFFILIATE 196482 FUNDS HELD FOR OTHERS 209524 IRREVOCABLE TRUSTS 1484884 2316592 X 529721 39827 39827 489894 0 489894 640889 0 640889 0 640889 PART V, LINE 4: THE ENDOWMENT FUNDS WERE USED TO OFFSET STUDENT TUITION EXPENSES AND THE GENERAL OPERATING EXPENSES OF CAIRN UNIVERSITY. DURING THE YEAR ENDED JUNE 30, 2020 THE FOUNDATION'S BOARD APPROVED THE TRANSFER OF THE ENDOWMENT FUNDS, ANNUITY FUNDS, AND INSURANCE CONTRACT ASSETS TO THE UNIVERSITY WHO ASSUMED RESPONSIBILITY FOR MANAGING THOSE ASSETS IN ACCORDANCE WITH THE RESPECTIVE GIFT INSTRUMENTS. PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2020 - 2022) OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S 2023 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. X 0 0 0 0 0 0 0 0 0 0 0 TODD WILLIAMS PRESIDENT, BOARD MEMBER 0 225463 0 0 0 0 0 6058 0 17879 0 249400 0 0 PART I, LINE 1A TODD WILLIAMS IS PROVIDED WITH HOUSING ON CAMPUS WHICH HE USES AS APPROPRIATE FOR UNIVERSITY FUNCTIONS WHICH INCLUDE MEETINGS AND EVENTS. FORM 990, PART VI, SECTION A, LINE 7A SEVEN OF THIS ORGANIZATION'S BOARD OF DIRECTORS ALSO SERVE ON THE BOARD OF DIRECTORS OF THE PARENT ORGANIZATION. THE BOARD OF DIRECTORS OF THE PARENT ORGANIZATION ELECT THE BOARD MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B ALL MEMBERS OF THE GOVERNING BODY RECEIVE A COPY OF THE FORM 990 AND RELATED SCHEDULES FOR REVIEW. SUGGESTIONS AND/OR CORRECTIONS ARE COMMUNICATED TO THE TREASURER PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES DISCLOSE ANNUALLY, IN WRITING WHETHER OR NOT THEY HAVE HAD A CONFLICT OF INTEREST WITH THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE AVAILABILITY OF THESE DOCUMENTS ARE NOT ADVERTISED AS SUCH, BUT ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ACTURIAL LOSS ON ANNUITY -59,150. CAIRN UNIVERSITY 200 MANOR AVE LANGHORNE PA 19047 230972390 SCHOOL PA 501(C)(3) 2 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 0