2023-11-10T16:52:05-06:00 2022-12-31 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2022-01-01 237271047 GORDON STATE COLLEGE FOUNDATION INC GORD 6783595124 419 COLLEGE DRIVE BARNESVILLE GA 30204 ROBERT L HARRIS BOARD CHAIR 7703581108 2023-11-10 1 ROBERT HARRIS XXX-XX-XXXX 1 MARY JO ALEXANDER P00002534 7709558600 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ROBERT L HARRIS 419 COLLEGE DRIVE BARNESVILLE GA 30204 4687477 0 X GORDONSTATE.EDU/ALUMNI/FOUNDATION X 1972 GA TO SUPPORT THE COLLEGE IN ALL ENDEAVORS THAT ARE NOT SUPPORTED BUT SANCTIONED BY THE BOARD OF REGENTS TO INCLUDE BUT NOT LIMITED TO THE FOLLOWING:-SUPPORT THE COLLEGE WITH OUR VISIBLE ATTENDANCE ON CAMPUS AND IN OUR INDIVIDUAL COMMUNITIES;-SUPPORT THE COLLEGE BY CONTINUING TO GIVE TO AND RAISE FUNDS FOR THE FOUNDATION;-SUPPORT THE COLLEGE WITH PRUDENT MANAGEMENT OF THE FOUNDATIONS' ASSETS WHICH ALLOWS THE TRUSTEES TO:1) FUND SCHOLARSHIPS TO DESERVING STUDENTS;2) ACQUIRE PROPERTY FOR THE COLLEGE;3) CONSTRUCT BUILDINGS, IF FINANCIALLY REWARDING;4) CONTRIBUTE TO FACULTY DEVELOPMENT AND SUPPORT;5) FUND ANY NECESSARY OR DESERVING REQUEST OR ACTIVITY FOR THE BENEFIT OF THE COLLEGE IF APPROVED BY A MAJORITY OF THE TRUSTEES. 28 27 4 28 0 0 337005 403415 599501 587921 1683187 379226 0 0 2619693 1370562 402331 153435 0 0 0 0 0 55362 71329 890813 930049 1293144 1138846 1326549 231716 30327682 27088474 10921875 10629443 19405807 16459031 X TO SUPPORT THE COLLEGE IN ALL ENDEAVORS THAT ARE NOT SUPPORTED BUT SANCTIONED BY THE BOARD OF REGENTS TO INCLUDE BUT NOT LIMITED TO THE FOLLOWING:-SUPPORT THE COLLEGE WITH OUR VISIBLE ATTENDANCE ON CAMPUS AND IN OUR INDIVIDUAL COMMUNITIES;-SUPPORT THE COLLEGE BY CONTINUING TO GIVE TO AND RAISE FUNDS FOR THE FOUNDATION;-SUPPORT THE COLLEGE WITH PRUDENT MANAGEMENT OF THE FOUNDATIONS' ASSETS WHICH ALLOWS THE TRUSTEES TO:1) FUND SCHOLARSHIPS TO DESERVING STUDENTS;2) ACQUIRE PROPERTY FOR THE COLLEGE;3) CONSTRUCT BUILDINGS, IF FINANCIALLY REWARDING;4) CONTRIBUTE TO FACULTY DEVELOPMENT AND SUPPORT;5) FUND ANY NECESSARY OR DESERVING REQUEST OR ACTIVITY FOR THE BENEFIT OF THE COLLEGE IF APPROVED BY A MAJORITY OF THE TRUSTEES. 0 0 526318 587921 FINANCE CONSTRUCTION OF STUDENT HOUSING AND RECREATION CENTER, RENTAL OF STUDENT HOUSING TO GORDON STATE COLLEGE 153435 153435 SCHOLARSHIPS TO VARIOUS GORDON STATE COLLEGE STUDENTS. 679753 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 X 6 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X THE ORGANIZATION 6783595124 419 COLLEGE DRIVE BARNESVILLE GA 30204 MONTRESE ADGER FULLER EXECUTIVE DIRECTOR 10.00 X 117888 0 45325 ROBERT L HARRIS CHAIR 2.00 X X 0 0 0 LILY JUNG HENSON VICE CHAIR 2.00 X X 0 0 0 RESHANN ADAMS TREASURER 2.00 X X 0 0 0 KIRK A NOOKS SECRETARY 5.00 X X 0 0 0 DERRICK R LEWIS PAST CHAIR 2.00 X 0 0 0 KEVIN T NAPIER TRUSTEE, AT-LARGE 2.00 X 0 0 0 JENEEN ANDREWS TRUSTEE 1.00 X 0 0 0 SCOTT BLACKSTOCK TRUSTEE 1.00 X 0 0 0 T AARON BUICE TRUSTEE 1.00 X 0 0 0 ANDY B BUSH TRUSTEE 1.00 X 0 0 0 KENNETH E COGGINS TRUSTEE 1.00 X 0 0 0 ALAN CONNELL TRUSTEE 1.00 X 0 0 0 LUCINDA DALLAS TRUSTEE 1.00 X 0 0 0 JAMES J EDWARDS JR TRUSTEE 1.00 X 0 0 0 JANIE MCDANIEL EVANS TRUSTEE 1.00 X 0 0 0 JOEL FULLER TRUSTEE 1.00 X 0 0 0 LINDSAY JOHNSON GOWAN TRUSTEE 1.00 X 0 0 0 JAMES L GRANUM TRUSTEE 1.00 X 0 0 0 GEORGE H HIGHTOWER JR TRUSTEE 1.00 X 0 0 0 W CHASE IDOL TRUSTEE 1.00 X 0 0 0 TAMARA ISON TRUSTEE 1.00 X 0 0 0 CURTIS JENKINS TRUSTEE 1.00 X 0 0 0 TERRY KILLINGSWORTH TRUSTEE 1.00 X 0 0 0 B WAINE KONG TRUSTEE 1.00 X 0 0 0 DONALD F NEUNER TRUSTEE 1.00 X 0 0 0 KIKE SEDA TRUSTEE 1.00 X 0 0 0 BERT WALL TRUSTEE 1.00 X 0 0 0 DANIEL C WHITE TRUSTEE 1.00 X 0 0 0 117888 0 45325 1 0 1 1 0 403415 20000 403415 INCOME FROM DIRECT FINANCING LEAS 900099 502387 502387 RENTAL INCOME 531110 85534 85534 587921 301318 301318 3394823 3316915 77908 77908 77908 1370562 587921 0 379226 153435 153435 1225 1225 101900 101900 55362 55362 83069 83069 16425 6815 9610 1931 1931 25443 80 25363 28401 28401 4996 4996 36617 20650 15967 519363 519363 170 170 PROFESSIONAL DEVELOPMEN 16174 16174 DUES & SUBSCRIPTIONS 11635 60 11575 MEMORIALS & TRIBUTES 3176 3176 AWARDS & RECOGNITION 438 438 79086 79086 1138846 679753 387764 71329 202206 214893 1442021 1564848 97710 148744 11735994 11398723 20882 20882 0 0 16849751 13761266 30327682 27088474 323097 320201 10598778 10309242 10921875 10629443 X 12519876 11106506 6885931 5352525 19405807 16459031 30327682 27088474 231716 -3178492 0 X X 0 1 X 1 0 X 380356 287798 647631 337005 403415 2056205 196087 254413 254652 194535 204896 1104583 576443 542211 902283 531540 608311 3160788 228319 2932469 317377 319236 471501 338582 301318 1748014 25254 25254 4934056 3916714 0.59430 0.57640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2018 AMOUNT: $ 1,950. REIMBURSEMENT OF MGMT FEE - 2018 AMOUNT: $ 23,304. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16430758 154354 -2864403 393057 13327652 14435955 166269 2423995 595461 16430758 13036407 486796 1422228 509476 14435955 10623715 259832 2673535 520675 13036407 10372891 1268429 -563547 454058 10623715 0.59840 0.32450 0.07710 0 0 20882 20882 0 0 X PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS A PUBLICLY SUPPORTED ORGANIZATION AND NOT AS A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. GSC PROPERTIES FOUNDATION III, LLC IS TREATED AS A SINGLE MEMBER LLC FOR FEDERAL AND STATE INCOME TAX PURPOSES. SINCE THE FOUNDATION IS THE SOLE MEMBER, ALL INCOME, LOSSES, AND CREDITS ARE REPORTED ON THE FOUNDATION'S INCOME TAX RETURNS. THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FOUNDATION'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION FILES THE FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF GEORGIA. X X X X 1 JF SMITH GROUP 735 E GLENN AVE AUBURN AL 36830 CAMPAIGN COORDINATOR 0 0 55362 -55362 55362 -55362 1 SCHOLARSHIPS 165 153435 PART I, LINE 2: GORDON STATE COLLEGE CREDITS EACH SCHOLARSHIP RECIPIENT'S BANNER ACCOUNT AND THEN BILLS THE FOUNDATION FOR THE SCHOLARSHIP. 0 0 0 0 0 0 0 0 0 MONTRESE ADGER FULLER EXECUTIVE DIRECTOR 117888 0 0 0 0 0 24422 0 20903 0 163213 0 0 0 SCHEDULE J, PART II MONTRESE ADGER FULLER'S COMPENSATION OF $138,791 IS PAID BY GORDON STATE COLLEGE. SHE PERFORMS SERVICE FOR BOTH GORDON STATE COLLEGE AND GORDON STATE COLLEGE FOUNDATION. A BARNESVILLE-LAMAR CO IND 581587819 068049AV7 2013-12-19 12830000 TO FINANCE THE COST OF CONSTRUCTION OF STUDENT ACTIVITY AND RECREATION CENTE 0 0 0 A 2195000 12830000 343835 12486165 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 0 A 0 UNITED BANK ONE BOARD DIRECTOR HAS MAJORITY OWNERSHIP INTEREST IN ORGANIZATION 83069 INVESTMENT FEES 0 FORM 990, PART I LINE 5 AND PART V LINE 2A THE ORGANIZATION DOES NOT HAVE ANY W-2 EMPLOYEES. EMPLOYEES ARE COMPENSATED BY REPORTING AGENT AND UNRELATED ORGANIZATION, GORDON STATE COLLEGE EIN 58-1132449. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS GIVEN TO EACH MEMBER OF THE FOUNDATION'S FINANCE COMMITTEE TO REVIEW AND APPROVE. ADDITIONAL COPIES ARE THEN SENT TO ALL MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR BEFORE THE OCTOBER MEETING, EACH TRUSTEE IS SENT A COPY OF THE CONFLICT OF INTEREST POLICY AND A STATEMENT TO SIGN WHICH STATES THAT THEY HAVE READ AND WILL ADHERE TO THE POLICY. TRUSTEES WHO HAVE BUSINESS WITH THE FOUNDATION DISCLOSE THAT BUSINESS ON THE FORM. TRUSTEES WHO DO NOT RETURN FORMS ARE PRESENTED WITH FORMS TO SIGN AT THE OCTOBER MEETING. STATEMENTS ARE KEPT ON FILE IN THE OFFICE. FORM 990, PART VI, SECTION B, LINE 15 NO COMPENSATION IS PAID BY THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THE AUDITOR SELECTION. GORDON STATE COLLEGE PROP FND III 419 COLLEGE DRIVE BARNESVILLE GA 30204 464248854 SUPPORT GA 597350 13009527 GORDON STATE COLLEGE FOUNDATION