2023-11-15T16:18:04-06:00 2023-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2022-07-01 586043972 GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION INC GEOR 4784455400 CAMPUS BOX 96 MILLEDGEVILLE GA 31061 DAVID J FRABONI II EXECUTIVE DIRECTOR 4784455400 2023-11-15 1 DAVID FRABONI II XXX-XX-XXXX 1 MARY JO ALEXANDER P00002534 7709558600 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID J FRABONI II CAMPUS BOX 96 MILLEDGEVILLE GA 31061 5088378 0 X N/A X 1960 GA TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR THE SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF GEORGIA COLLEGE & STATE UNIVERSITY. PRIVATE GIFTS FROM ALUMNI, FRIENDS, PARENTS, CORPORATIONS AND FOUNDATIONS PROVIDE THE RESOURCES NECESSARY TO OFFER AN OUTSTANDING EDUCATIONAL EXPERIENCE FOR GEORGIA COLLEGE AND STATE UNIVERSITY STUDENTS AND ENHANCE THE OVERALL EXCELLENCE OF THIS INSTITUTION. 38 38 6 45 0 0 2712835 2164159 149343 118378 2799741 1417741 132784 54777 5794703 3755055 2202440 1964638 0 0 0 0 0 0 105861 1091338 1083769 3293778 3048407 2500925 706648 59696099 61243918 8283895 8167910 51412204 53076008 TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS 0 0 2512988 1964638 GRANTING OF SCHOLARSHIPS AND EDUCATIONAL SUPPORT ACTIVITIES TO GEORGIA COLLEGE & STATE UNIVERSITY TO FURTHER THE EDUCATIONAL EXPERIENCE OF THE STUDENTS. 152224 118378 RENTAL OF STUDENT ACTIVITY CENTER AND PARKING TO GEORGIA COLLEGE & STATE UNIVERSITY. 2665212 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 X 27 3 1 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X THE ORGANIZATION 4784455400 CAMPUS BOX 96 MILLEDGEVILLE GA 31061 SHELLEY STRICKLAND EXECUTIVE DIRECTOR 40.00 X 143710 0 23531 LESLIE CALLAHAN BOARD CHAIR 0.00 X X 0 0 0 JEFFREY WANSLEY VICE CHAIR 0.00 X X 0 0 0 LARRY EDWARDS TREASURER 0.00 X X 0 0 0 ROBERT C BETZEL CHAIR - FINANCE, AUDIT 0.00 X 0 0 0 GENIE CHAMBERLIN CHAIR - FUNDRAISING 0.00 X 0 0 0 ANRESA DAVIS CHAIR - STEWARDSHIP 0.00 X 0 0 0 MIKE GARRETT CHAIR - TRUSTEE DEVELOPMENT 0.00 X 0 0 0 DILANKA SEIMON CHAIR - INVESTMENT 0.00 X 0 0 0 TED SMITH CHAIR - LLC BOARDS 0.00 X 0 0 0 MURALI THIRUMAL CHAIR - REAL PROPERTY 0.00 X 0 0 0 SUSAN ALLEN VICE-CHAIR - FINANCE 0.00 X 0 0 0 CHRIS CLARK VICE CHAIR - TRUSTEE DEVELOPMENT 0.00 X 0 0 0 GARY THROWER VICE CHAIR - REAL PROPERTY 0.00 X 0 0 0 PAM TRAWICK VICE CHAIR - FUNDRAISING 0.00 X 0 0 0 STAN WILSON VICE-CHAIR - AUDIT 0.00 X 0 0 0 COREY NEW INDEPENDENT REPRESENTATIVE 0.00 X 0 0 0 DONNA BARWICK TRUSTEE 0.00 X 0 0 0 PAM BOOKER TRUSTEE 0.00 X 0 0 0 JIMMY JR CHILDRE TRUSTEE 0.00 X 0 0 0 DEREK CHITWOOD TRUSTEE 0.00 X 0 0 0 CATHY COX TRUSTEE 0.00 X 0 0 0 ALEX GREGORY TRUSTEE 0.00 X 0 0 0 FLOYD GRIFFIN TRUSTEE 0.00 X 0 0 0 JAY HARRINGTON TRUSTEE 0.00 X 0 0 0 KYLE HOOD TRUSTEE 0.00 X 0 0 0 BILL JONES TRUSTEE 0.00 X 0 0 0 JANE KIDD TRUSTEE 0.00 X 0 0 0 KIM MARTIN TRUSTEE 0.00 X 0 0 0 GEORGE MARTINEZ TRUSTEE 0.00 X 0 0 0 ZACH MULLINS TRUSTEE 0.00 X 0 0 0 SEBASTIAN NUNEZ TRUSTEE 0.00 X 0 0 0 DONALD RHODES TRUSTEE 0.00 X 0 0 0 MOLLY ROBBINS TRUSTEE 0.00 X 0 0 0 RICHARD RUSSELL TRUSTEE 0.00 X 0 0 0 MARIA SHEFFIELD TRUSTEE 0.00 X 0 0 0 DAN SLAGLE TRUSTEE 0.00 X 0 0 0 ROBIN SNELL TRUSTEE 0.00 X 0 0 0 SUSAN STEWART TRUSTEE 0.00 X 0 0 0 143710 0 23531 1 0 1 1 0 71106 6897 2086156 23700 2164159 DIRECT FINANCING LEASE INCOME 531190 88382 88382 RENTAL INCOME 531120 29996 29996 118378 1103735 1103735 18000 0 18000 18000 18000 1583824 1268611 1207 315213 -1207 314006 314006 42637 71106 63505 -20868 -20868 MISC. FOUNDATION ACTIVITIES 611710 57645 57645 57645 3755055 118378 0 1472518 1964638 1964638 5800 5800 31365 31365 183910 183910 39594 16590 767 22237 10584 10370 214 18454 11921 4840 1693 60715 4359 10464 45892 5437 5437 71299 71250 40 9 253324 217617 26418 9289 87199 87199 6665 6665 16774 8768 8006 UBI TAX 2780 2780 REPAIRS AND MAINTENANCE 97613 97613 GIFT ANNUITY PAYMENTS 79499 79499 REGISTRATION 49273 47303 1970 63484 35983 2944 24557 3048407 2665212 277334 105861 4798017 3492302 1201155 654934 1284 2530 32135 14014 1687220 101564 1592321 1585656 47061249 50914119 2145242 2202885 2864696 2377478 59696099 61243918 73056 9650 1989205 1528426 6221634 6629834 8283895 8167910 X 14148980 14173089 37263224 38902919 51412204 53076008 59696099 61243918 706648 957156 0 X X 0 1 X 1 0 X 3074223 2689224 3570846 2712835 2164159 14211287 498183 512296 452114 352964 465516 2281073 3572406 3201520 4022960 3065799 2629675 16492360 3111441 13380919 1263540 1193373 1096827 1097104 1121735 5772579 16606 35876 14497 66979 370921 113455 41375 109954 57645 693350 23025268 14381973 0.58110 0.59820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC FOUNDATION ACTIVITIES - 2018 AMOUNT: $ 370,921. 2019 AMOUNT: $ 113,455. 2020 AMOUNT: $ 41,375. 2021 AMOUNT: $ 109,954. 2022 AMOUNT: $ 57,645. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1244117 X X 0 39972266 695763 2107386 1350435 41424980 44800204 1173683 -4466171 1535450 39972266 34098640 2482328 9556359 1337123 44800204 34224068 1476891 -417142 1185177 34098640 32645447 1699140 892193 1012712 34224068 0.13000 0.65000 0.22000 0 0 1360652 1360652 234365 19184 215181 92203 82380 9823 1585656 ACCRUED INTEREST PAYABLE 23175 ANNUITY PAYABLE 596991 FUNDS HELD FOR OTHERS 5958727 RELATED PARTY PAYABLE 50941 6629834 X PART III, LINE 4: THE COLLECTION CONSISTS OF OLD GOVERNOR MANSION FURNISHINGS, FINE ARTS AND ANTIQUES. THE COLLECTION FURTHERS THE FOUNDATION EXEMPT PURPOSE OF RECEIVING AND ADMINISTERING GIFTS OF PROPERTY FOR THE EDUCATIONAL AND CHARITABLE ADVANCEMENT OF GEORGIA COLLEGE & STATE UNIVERSITY. PART V, LINE 4: TO FUND SCHOLARSHIPS AND PROGRAMS AT GEORGIA COLLEGE & STATE UNIVERSITY. 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. 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. DINNER/AUCTION 91764 57037 34727 10000 19757 23007 BOBCAT GOLF CLASSIC 21979 14069 7910 2100 8641 113743 71106 42637 12100 19757 31648 63505 -20868 1 GEORGIA COLLEGE & STATE UNIVERSITY 231 WEST HANCOCK STREET MILLEDGEVILLE GA 31061 586002064 1290737 0 TO PROVIDE SCHOLARSHIPS TO STUDENTS AND PROVIDE OTHER EDUCATIONAL SUPPORT TO THE UNIVERSITY. GEORGIA COLLEGE & STATE UNIVERSITY 231 WEST HANCOCK STREET MILLEDGEVILLE GA 31061 586002064 647946 0 OTHER SUPPORT TO UNIVERSITY GEORGIA COLLEGE & STATE UNIVERSITY ALUMNI ASSOCIATION INC CAMPUS BOX 96 MILLEDGEVILLE GA 31061 237194778 501(C)(3) 25000 0 TO PROVIDE FINANCIAL SUPPORT 2 0 PART I, LINE 2: THE FOUNDATION WORKS CLOSELY WITH ADMINISTRATORS OF GEORGIA COLLEGE & STATE UNIVERSITY AND PROVIDES FUNDING BASED ON UNIVERSITY NEEDS. SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON APPLICATIONS RECEIVED AND CRITERIA FOR INDIVIDUAL SCHOLARSHIP. 0 0 0 0 0 0 0 0 0 SHELLEY STRICKLAND EXECUTIVE DIRECTOR 138590 0 0 0 5120 0 12166 0 11365 0 167241 0 0 0 FORM 990 PART VII LINE 1A LISTED ON FORM 990 PART VII LINE 1A IS EXECUTIVE DIRECTOR, SHELLEY STRICKLAND, WHOSE COMPENSATION IS PAID BY AN UNRELATED ENTITY, GEORGIA COLLEGE & STATE UNIVERSITY AND REPORTED UNDER EIN# 58-6002064. TOTAL REPORTABLE COMPENSATION FOR CALENDAR YEAR 2022 WAS $167,241. A DEVELOPMENT AUTHORITY OF THE CITY OF MILLEDGEVILLE AND BALDWIN COUNTY 2003-12-01 7840000 REAL ESTATE CONSTRUCTION 0 0 0 A 6295000 7840000 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART V, LINE 2A AND 2B GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION, INC. UTILIZES THE FULL-TIME SERVICES OF SIX EMPLOYEES OF THE GEORGIA COLLEGE & STATE UNIVERSITY, AN UNRELATED ENTITY FOR TAX PURPOSES. COMPENSATION IS PAID AND REPORTED FOR TAX PURPOSES BY THE UNIVERSITY UNDER EIN# 58-6002064. THE VALUE OF UNIVERSITY-DONATED EMPLOYEE SERVICES FOR THE YEAR ENDED 6.30.2023 WAS $465,516. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS HAVE AN OPPORTUNITY TO REVIEW, QUESTION AND COMMENT ON THE DRAFT 990 PRIOR TO FILING. THIS IS ACCOMPLISHED ELECTRONICALLY WITHOUT A FORMAL BOARD MEETING. UPON RESOLUTION OF ALL QUESTIONS AND CHANGES, FORM 990 IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD OF TRUSTEES MUST SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANICAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE REVIEWS AND APPROVES THE AUDIT PRIOR TO ITS ISSUANCE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GC&SU FOUNDATION LLC II CAMPUS BOX 96 MILLEDGEVILLE GA 31061 REAL ESTATE OWNERSHIP/LEASING TO GA. COLLEGE & STATE UNIVERSITY GA 188436 3279556 GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION INC GC&SU FOUNDATION LLC IV CAMPUS BOX 96 MILLEDGEVILLE GA 31061 REAL ESTATE OWNERSHIP/LEASING TO GA. COLLEGE & STATE UNIVERSITY GA 26794 1271276 GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION INC