2024-11-11T09:37:41-05:00 2024-06-30 990 2023-07-01 381691181 PAPER TECHNOLOGY FOUNDATIONINC PAPE 2693872365 1903 W MICHIGAN AVE SEIBERT BLDG KALAMAZOO MI 490085207 COLLEEN SCARFF ASST. TREASURER 2693872365 2024-11-11 false 2023 2024-10-15 13:58:12Z STEVE MYERS 1138376 false X WMICH.EDU/PAPERTECHFOUNDATION X 1958 MI TO SUPPORT PAPER ENGINEERING AT WESTERN MICHIGAN UNIVERSITY. THE PAPER TECHNOLOGY FOUNDATION, INC. SUPPORTS UNDERGRADUATE STUDENT DEVELOPMENT BY PROVIDING SCHOLARSHIPS AND BY FUNDING PROFESSIONAL INDUSTRY CONFERENCE ATTENDANCE, PROFESSIONAL AND PERSONAL DEVELOPMENT TRAINING SESSIONS, NETWORKING AND MENTORING EVENTS WITH INDUSTRY LEADERS, CAREER DEVELOPMENT, AND INDUSTRY FIELD TRIPS AND MILL TOURS. 39 35 0 35 0 930472 873867 0 9841 258958 18 5551 940331 1138376 583305 312806 0 194239 211451 0 202022 217622 275575 995166 799832 -54835 338544 5758335 6423771 4658 4958 5753677 6418813 TO PROVIDE LEADERSHIP AND SUPPORT TO WESTERN MICHIGAN UNIVERSITY AND THE DEPARTMENT OF CHEMICAL AND PAPER ENGINEERING TO DEVELOP MOTIVATED GRADUATES IN ORDER TO ADVANCE THE GLOBAL PULP AND PAPER INDUSTRY. false false 501231 312806 TO SUPPORT PAPER ENGINEERING AT WESTERN MICHIGAN UNIVERSITY. THE PAPER TECHNOLOGY FOUNDATION, INC. 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TREASU 1.00 50.00 X X 0 210584 40032 MARK ZEMPEL VICE PRESIDE 1.00 0.00 X X 0 0 0 LESLIE MCLAIN SECRETARY 1.00 0.00 X X 0 0 0 EDWARD B MONTGOMERY TRUSTEE (EX- 1.00 50.00 X 0 517639 73811 STEVE BUTT TRUSTEE 1.00 50.00 X 0 292291 49495 CHRIS WETHERFORD TRUSTEE (PAR 1.00 0.00 X 0 0 0 MIKE FARRELL TRUSTEE 1.00 0.00 X 0 0 0 CALVIN BEMBRY TRUSTEE 1.00 0.00 X 0 0 0 ROBERT A HANSEN TRUSTEE 1.00 0.00 X 0 0 0 JEFF ESSER TRUSTEE 1.00 0.00 X 0 0 0 NICK KAPSA TRUSTEE 1.00 0.00 X 0 0 0 KURT MEHLBERG TRUSTEE 1.00 0.00 X 0 0 0 GREG WELSCH TRUSTEE 1.00 0.00 X 0 0 0 LARRY ANKER TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM CONE TRUSTEE 1.00 0.00 X 0 0 0 ALAN REYNOLDS TRUSTEE 1.00 0.00 X 0 0 0 DEREK DEPUYDT TRUSTEE 1.00 0.00 X 0 0 0 JAMES GUNTHER TRUSTEE (PAR 1.00 0.00 X 0 0 0 DEREK MADDOX TRUSTEE 1.00 0.00 X 0 0 0 ERIK STANDERFER TRUSTEE 1.00 0.00 X 0 0 0 MEGGAN HOSTETLER-SCHROCK TRUSTEE 1.00 0.00 X 0 0 0 PAUL BARRERA TRUSTEE 1.00 0.00 X 0 0 0 BRYAN MOORE TRUSTEE 1.00 0.00 X 0 0 0 MATT ERICKSON TRUSTEE 1.00 0.00 X 0 0 0 MARK COMENSOLI TRUSTEE (PAR 1.00 0.00 X 0 0 0 PAUL DEHAAN TRUSTEE 1.00 0.00 X 0 0 0 JOSH JELENEK TRUSTEE 1.00 0.00 X 0 0 0 DAVID SCOTT TRUSTEE (PAR 1.00 0.00 X 0 0 0 JAMES CATABIA TRUSTEE (PAR 1.00 0.00 X 0 0 0 BOB FIECK TRUSTEE 1.00 0.00 X 0 0 0 MARK KOWLZAN TRUSTEE 1.00 0.00 X 0 0 0 KRISTA GADZALA TRUSTEE (PAR 1.00 0.00 X 0 0 0 KRAIG MELIN TRUSTEE 1.00 0.00 X 0 0 0 LEO BISCH III TRUSTEE 1.00 0.00 X 0 0 0 ERIC BOCK TRUSTEE 1.00 0.00 X 0 0 0 CHARLES DETIEGE TRUSTEE 1.00 0.00 X 0 0 0 SCOTT VARNEY TRUSTEE 1.00 0.00 X 0 0 0 TODD PIWOWAR TRUSTEE 1.00 0.00 X 0 0 0 NATE RIDINGS TRUSTEE 1.00 0.00 X 0 0 0 TIM HAGENBUCH TRUSTEE 1.00 0.00 X 0 0 0 VINNY KRELL TRUSTEE 1.00 0.00 X 0 0 0 1322676 209922 false true false 42526 831341 873867 114896 114896 144062 144062 144062 144062 MISCELLANEOUS 900099 5551 5551 5551 1138376 264509 312806 312806 211451 179563 21325 10563 55000 8250 16500 30250 135500 135500 8578 612 7930 36 25002 23962 1040 37897 13264 24633 11920 11920 1678 1678 799832 501231 96579 202022 250398 481425 10353 12040 44791 299270 21513 25401 21513 3297172 3492593 2130220 2116930 5758335 6423771 4658 4958 4658 4958 X 639459 495244 5114218 5923569 5753677 6418813 5758335 6423771 338544 326592 X false false false X 530372 509482 530191 930472 873867 3374384 530372 509482 530191 930472 873867 3374384 465650 2908734 148210 137795 92598 82406 114896 575905 5781 2745 5674 18 5551 19769 3970058 0.73270 0.71660 X PART II, LINE 10 14,218 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5510988 322975 425592 288600 5970955 5231387 271587 251939 243925 5510988 6510991 128234 -133859 1207849 66129 5231387 4990914 127642 1645391 186912 66044 6510991 5547113 150955 -299483 317823 4990914 0.03000 0.97000 false true true 21513 21513 21513 PRIVATE EQUITY / VENTURE CAPITAL 743383 PRIVATE REAL ASSETS 706420 CREDIT / DISTRESSED 355943 HEDGE FUNDS 311184 2116930 1329468 326592 326592 1002876 135500 135500 1138376 664332 664332 135500 135500 799832 SCHEDULE D, PAGE 2, PART V, LINE 4 TO PROVIDE LEADERSHIP AND SUPPORT TO WESTERN MICHIGAN UNIVERSITY AND THE DEPARTMENT OF CHEMICAL AND PAPER ENGINEERING TO DEVELOP MOTIVATED GRADUATES IN ORDER TO ADVANCE TO GLOBAL PULP INDUSTRY. true WESTERN MICHIGAN UNIVERSITY FOUNDAT 1903 W MICHIGAN AVE KALAMAZOO MI 49008 382138856 501C3 312806 1 SCHEDULE I, PAGE 1, PART I, LINE 2 THE PAPER TECHNOLOGY FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS BASED ON GRADE POINT AVERAGE. false true false false false false false false false JANICE J VAN DER KLEY TREASURER 295293 6869 32482 14102 348746 COLLEEN SCARFF ASST. TREASURER 205781 4803 22636 17396 250616 EDWARD B MONTGOMERY TRUSTEE (EX-OFFICIO) 500073 17566 55008 18803 591450 STEVE BUTT TRUSTEE 291811 480 32099 17396 341786 SCHEDULE J, PAGE 1, PART I, LINE 4 EDWARD B. MONTGOMERY 0 27,000 0 FORM 990, PAGE 6, PART VI, LINE 4 THE NOTEWORTHY MODIFICATIONS TO THE BYLAWS INCLUDE THE FOLLOWING: ARTICLE 7, SECTION 10A AND B: MANAGING DIRECTOR WILL BE A 1099 APPOINTMENT WITH REQUISITES AND RESPONSIBILITIES APPROVED BY GOVERNANCE COMMITTEE ARTICLE 8, SECTION 2: NEW STANDING COMMITTEE STRUCTURE: STANDING COMMITTEES WILL HAVE CHAIRS AND VICE-CHAIRS WITH 3-YEAR TERMS, WHICH ARE RENEWABLE. COMMITTEES WILL CONSIST OF SMALLER "WORKING GROUPS" CONSISTING OF TRUSTEES THAT HAVE A STRONG INTEREST IN THE CHARTER FOR A GIVEN COMMITTEE. ARTICLE 8, SECTION 3: EXECUTIVE COMMITTEE MEMBERS AND CHARTER ARTICLE 8, SECTION 4: GOVERNANCE COMMITTEE MEMBERS AND CHARTER ARTICLE 8, SECTION 7: NEW ALUMNI ENGAGEMENT STANDING COMMITTEE ARTICLE 11, SECTION 1: THE PTF MANAGING DIRECTOR DOES NOT HAVE SIGNATURE AUTHORITY BUT WILL REVIEW AND APPROVE DOCUMENTS REQUIRING SIGNATURE WITH THE PTF EXECUTIVE COMMITTEE. SIGNING IS COMPLETED BY THE TREASURER WHO IS WMU AUTHORIZED. ARTICLE 13, SECTION 1: ENDOWMENT FUNDING WILL BE CONSISTENT WITH WMU ADVANCEMENT POLICIES. ARTICLE 14: AWARDS WILL BE NOMINATED BY THE GOVERNANCE COMMITTEE AND APPROVED BY THE PRESIDENT. ARTICLE 15: NON-SUBSTANTIVE STYLISTIC CHANGES CAN BE MADE WITHOUT BOARD APPROVAL. FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERS OF THIS FOUNDATION SHALL BE COMPANIES, ASSOCIATIONS, FOUNDATIONS, AND INDIVIDUALS WHO ARE FROM TIME TO TIME APPROVED FOR MEMBERSHIP BY THE GOVERNANCE COMMITTEE, BASED ON THE MEMBERSHIP CLASSIFICATIONS OUTLINED BELOW. CORPORATE FOUNDATION MEMBERSHIPS: 1. CORPORATE BENEFACTOR (VOTING), 12,000 - ANY COMPANY OR ORGANIZATION THAT ESTABLISHES A NAMED SCHOLARSHIP FUND OR ENDOWMENT FUND AND WHICH CONTRIBUTES THE PRESCRIBED ANNUAL DUES. 2. CORPORATE MEMBER (VOTING), 12,000 - ANY COMPANY OR ORGANIZATION THAT CONTRIBUTES THE PRESCRIBED ANNUAL DUES BUT HAS NOT ESTABLISHED A NAMED SCHOLARSHIP FUND OR ENDOWMENT FUND. 3. CORPORATE MEMBER (VOTING), 9,000 - ANY SMALL TO MID-SIZED COMPANY OR ORGANIZATION THAT CONTRIBUTES THE PRESCRIBED ANNUAL DUES 4. CORPORATE DONOR (NON-VOTING), 5,000- 8,999 -ANY COMPANY OR ORGANIZATION THAT CONTRIBUTES THE PRESCRIBED ANNUAL DUES BUT NOT AN AMOUNT NEEDED TO QUALIFY AS A CORPORATE MEMBER. 5. CORPORATE CONTRIBUTOR (NON-VOTING), 1,500 - 4,999 - ANY COMPANY OR ORGANIZATION THAT CONTRIBUTES ANNUAL DUES BUT NOT AN AMOUNT NEEDED TO QUALIFY AS A CORPORATE DONOR. INDIVIDUAL FOUNDATION MEMBERSHIPS: 1. INDIVIDUAL BENEFACTOR (VOTING), 10,000 - ANY INDIVIDUAL WHO ESTABLISHES A NAMED SCHOLARSHIP FUND OF 10,000 OR MORE AND WHO CONTRIBUTES THE PRESCRIBED ANNUAL DUES OF 1,000 OR MORE. 2. INDIVIDUAL PATRON (VOTING), 1,000 - ANY INDIVIDUAL WHO CONTRIBUTES THE PRESCRIBED ANNUAL DUES OF 1,000 OR MORE BUT HAS NOT ESTABLISHED A NAMED SCHOLARSHIP FUND. 3. INDIVIDUAL LIFE MEMBER (VOTING) - ANY INDIVIDUAL WHO HAS RECEIVED THE HALL OF FAME AWARD. 4. INDIVIDUAL MEMBER (NON-VOTING), 50 - ANY INDIVIDUAL WHO CONTRIBUTES THE PRESCRIBED ANNUAL DUES OF 50 OR MORE. 5. ALUMNI MEMBER (NON-VOTING), 50 - ANY INDIVIDUAL WHO HAS GRADUATED FROM THE PAPER PROGRAMS OF THE DEPARTMENT OF CHEMICAL AND PAPER ENGINEERING AND WHO CONTRIBUTES THE PRESCRIBED ANNUAL DUES OF 50 OR MORE. 6. STUDENT MEMBER (NON-VOTING), 10 - ANY STUDENT IN THE PAPER PROGRAMS OF THE DEPARTMENT OF CHEMICAL AND PAPER ENGINEERING WHO CONTRIBUTES THE PRESCRIBED TS'AI LUN SEMESTER DUES. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS ARE APPROVED FOR MEMBERSHIP BY THE GOVERNANCE COMMITTEE, BASED ON THE MEMBERSHIP CLASSIFICATIONS. MEMBERS ELECT THE BOARD OF TRUSTEES OFFICERS AT THE ANNUAL MEETING OF THE FOUNDATION. MEMBERS MAY REMOVE FROM OFFICE ANY TRUSTEE OR OFFICER ELECTED BY OR APPOINTED AND ELECT OR APPOINT HIS/HER SUCCESSOR. FORM 990, PAGE 6, PART VI, LINE 7B THE BOARD OF TRUSTEES SHALL HAVE THE POWER TO ESTABLISH THE DUES PAYABLE FOR MEMBERSHIP IN THE FOUNDATION. A REPORT OF THE BOARD OF TRUSTEES' ACTIVITY SHALL BE SUBMITTED TO THE MEMBERS AT THE ANNUAL MEETING. THE FOUNDATION IS SUBJECT TO THE APPROVAL OF AND REVIEW BY THE WESTERN MICHIGAN UNIVERSITY BOARD OF TRUSTEES PER ITS BY-LAWS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE FOUNDATIONS OFFICERS AND TRUSTEES PRIOR TO FILING THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD CHAIR IS TO BE INFORMED IN WRITING OF ANY CONFLICTS ANNUALLY. THE ABILITY TO PARTICIPATE IN THE DISCUSSION AND OR VOTE ON ANY ISSUE UNDER CONFLICT DEPENDS ON THE NATURE AND EXTENT OF THE RELATIONSHIP. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. WESTERN MICHIGAN UNIVERSITY 1903 W MICHIGAN AVE KALAMAZOO MI 49008 386007326 UNIVERSITY MI 115 6 NA N/A false WESTERN MICHIGAN UNIVERSITY FND 1903 W MICHIGAN AVE KALAMAZOO MI 49008 382138856 INVESTMENT MI 501C3 2 N/A false false true true false false false false false false false false false true true true false true false true WESTERN MICHIGAN UNIVERSITY FND C 42526 CASH VALUE WESTERN MICHIGAN UNIVERSITY B 312806 CASH VALUE