2023-11-14T15:15:11-06:00 2022-12-31 581673613 BENNETT THRASHER LLP 3300 RIVERWOOD PARKWAY 700 ATLANTA GA 30339 990 2022-01-01 203798084 THE SHUMARD FOUNDATION INC C/O DOUGLAS W DUNCAN ESQ SHUM 4042622000 3715 NORTHSIDE PKWY NW BLDG 300 6 ATLANTA GA 30327 KENNETH M SHUMARD PRESIDENT 4042622000 2023-11-14 1 KENNETH SHUMARD XXX-XX-XXXX 1 CHRISTOPHER V BENNER P00856083 7703962200 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CURTIS L SHUMARD 3520 PIEDMONT ROAD NE STE 200 ATLANTA GA 30305 3120772 0 X N/A X 2005 GA TO PROVIDE FINANCIAL SUPPORT TO OR FOR THE BENEFIT OF THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY. 7 7 0 0 0 0 45500 30600 0 0 762794 3494670 0 600 808294 3525870 3388034 1526398 0 0 0 0 0 0 0 16107 62170 3404141 1588568 -2595847 1937302 18870364 20807666 0 0 18870364 20807666 THE SHUMARD FOUNDATION, INC. SUPPORTS CHARITIES THAT ARE 501(C)(3) ORGANIZATIONS AND ARE QUALIFIED TO BE SUPPORTED BY THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY. 0 0 1526398 1526398 THE SHUMARD FOUNDATION, INC. SUPPORTS CHARITIES THAT ARE 501(C)(3) ORGANIZATIONS AND ARE QUALIFIED TO BE SUPPORTED BY THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY. SEE SCHEDULE I FOR A DETAILED LIST OF GRANTS TO QUALIFIED CHARITIES. 1526398 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 GA X MENDIE HOGAN 4043106178 45 TECHNOLOGY PARKWAY SUITE 205 PEACHTREE CORNERS GA 30092 KENNETH M SHUMARD TRUSTEE/PRESIDENT 5.00 X X 0 0 0 BRENDA JOYCE SHUMARD TRUSTEE/SECRETARY 3.00 X X 0 0 0 WILLIAM J LONG TRUSTEE/TREASURER 3.00 X X 0 0 0 JOEL REED TRUSTEE 0.50 X 0 0 0 DALE ARMSTRONG TRUSTEE 0.50 39.50 X 0 244136 27021 GARY LONG TRUSTEE 0.50 X 0 0 0 CURTIS L SHUMARD TRUSTEE 0.50 X 0 0 0 0 244136 27021 0 0 1 0 0 30600 30600 3089572 3089572 -405098 405098 405098 405098 OTHER INCOME 900099 600 600 600 3525870 0 0 3495270 1526398 1526398 1378 1378 8963 8963 30 30 BAD DEBT EXPENSE 48842 48842 MISCELLANEOUS 2480 2480 BOARD MEETING EXPENSES 282 282 BANK FEES 118 118 77 77 1588568 1526398 62170 0 1547438 88805 11203308 9846225 6119618 10872636 18870364 20807666 0 0 X 0 0 0 0 18870364 20807666 18870364 20807666 18870364 20807666 1937302 0 X X 0 1 X 0 0 X X X 1 SERVANT FOUNDATION INC DBA THE SIGNATRY 431890105 10 1 1526398 0 1 1526398 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, 12(G) COLUMN (V) AMOUNT OF MONETARY SUPPORT: $1,526,398 IS THE AMOUNT OF TOTAL GRANTS MADE TO 501(3)(C) ORGANIZATIONS SUPPORTED BY THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY, AND IS NOT DIRECT MONETARY SUPPORT TO THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN CREOLA II, INC. 9447945 INVESTMENT IN INNOVATION TECHNOLOGIES, INC. 1000000 INVESTMENT IN SCLC ONE, LLC 78896 INVESTMENT IN STARS WAY INVESTORS LLC 345795 10872636 X 3525870 0 3525870 0 3525870 1588568 0 1588568 0 1588568 PART X, LINE 2: THE FOUNDATION FOLLOWS FASB'S GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAX (ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), WHICH CREATES A SINGLE MODEL TO ADDRESS UNCERTAIN TAX POSITIONS AND CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING A "MORE LIKELY THAN NOT" MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. UNDER THE REQUIREMENTS, TAX-EXEMPT ORGANIZATIONS MAY BE REQUIRED TO RECORD AN OBLIGATION AS THE RESULT OF A TAX POSITION THEY HAVE HISTORICALLY TAKEN ON VARIOUS TAX EXPOSURE ITEMS. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO SHUMARD'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE FOUNDATION'S FINANCIAL STATEMENTS. AT DECEMBER 31, 2020, 2021, AND 2022 NO LIABILITIES WERE RECORDED FOR UNCERTAIN TAX POSITIONS. 1 AFRICA TRANSFORMATION NETWORK INC 8528 DAVIS BLVD SUITE 134-217 FORT WORTH TX 76182 453598899 501(C)(3) 10000 0 CASH GENERAL OPERATING SUPPORT ASSOCIATION FOR GUIDANCE AID PLACEMENT & EMPATHY 4555 TROUSDALE DRIVE NASHVILLE TN 37204 620760716 501(C)(3) 10000 0 CASH MORNING STAR DOMESTIC VIOLENCE PROGRAM CAMP SHILOH PO BOX 95 NEW YORK NY 10028 221760258 501(C)(3) 15000 0 CASH CAMP COUNSELING SUPPORT STAFF CANCER RESEARCH INSTITUTE OF W TENNESSEE 114 EAST MAIN STREET HENDERSON TN 38340 650207764 501(C)(3) 12000 0 CASH GENERAL OPERATING FUND COMMUNITY ASSISTANCE CENTER 1130 HIGHTOWER TRAIL SANDY SPRINGS GA 30350 581825565 501(C)(3) 10000 0 CASH BACK PACK - SCHOOL SUPPLY PROGRAM COMMUNITY ASSISTANCE CENTER 1130 HIGHTOWER TRAIL SANDY SPRINGS GA 30350 581825565 501(C)(3) 25000 0 CASH HOLIDAY FOOD BOXES PROGRAM CORNERS OUTREACH INC 2 SUN COURT SUITE 220 PEACTHREE CORNERS GA 30092 455613973 501(C)(3) 12500 0 CASH GENERAL OPERATING SUPPORT EAST COBB CHURCH OF CHRIST 5240 ROSWELL RD MARIETTA GA 30062 581623251 501(C)(3) 10000 0 CASH CHINESE MINISTRY FAULKNER UNIVERSITY 5345 ATLANTA HIGHWAY MONTGOMERY AL 36109 630329409 501(C)(3) 9000 0 CASH SCHOLARSHIPS GEORGIA AGAPE INC 3094 MERCER UNIVERSITY DR STE 200 ATLANTA GA 30341 581081723 501(C)(3) 10500 0 CASH GENERAL OPERATING SUPPORT GREATER ATLANTA CHRISTIAN SCHOOL 1575 INDIAN TRAIL ROAD NORCROSS GA 30093 580960612 501(C)(3) 7500 0 CASH GENERAL OPERATING SUPPORT/ANNUAL FUND GULF COST CHURCH OF CHRIST 9550 BEN C PRATT/ SIX MILL CYPRESS PKWY FORT MEYERS FL 33966 592167051 501(C)(3) 50000 0 CASH HURRICANE RELIEF FUND HARDING UNIVERSITY 915 E MARKET AVE BOX 12238 SEARCY AR 72149 710236896 501(C)(3) 47020 0 CASH SCHOLARSHIPS HEALING HANDS INTERNATIONAL INC 455 MCNALLY DRIVE NASHVILLE TN 37211 621585366 501(C)(3) 20000 0 CASH GENERAL OPERATING SUPPORT HEALTH TALENTS INTERNATIONAL PO BOX 8303 SEARCY AR 72145 630738632 501(C)(3) 12500 0 CASH BENNIE/MCDONNEL/STRAWTHER NURSING SCHOLARSHIPS HEALTH TALENTS INTERNATIONAL PO BOX 8303 SEARCY AR 72145 630738632 501(C)(3) 11000 0 CASH GENERAL OPERATING SUPPORT HIS WAY RECOVERY CENTER OF GEORGIA INC 6695 PEACHTREE INDUSTRIAL BLVD STE 250 DORAVILLE GA 30360 863080038 501(C)(3) 30000 0 CASH GENERAL OPERATIONS SUPPORT HOMEWOOD CHURCH OF CHRIST 265 W OXMOOR ROAD BIRMINGHAM AL 35209 630440044 501(C)(3) 55000 0 CASH FOR VIRUNGA VALLEY ACADEMY - LAND ACQUSITION AND SCHOLARSHIPS LAGRANGE ACADEMY INC 1501 VERNON ROAD LAGRANGE GA 30240 581087459 501(C)(3) 20000 0 CASH THE PATH FOWARD: A CAPITAL CAMPAIGN LIGHT OF MESSIAH MINISTRIES INC PO BOX 501179 ATLANTA GA 31150 581970374 501(C)(3) 10000 0 CASH TEL AVIV WOMEN'S SHELTER LIPSCOMB UNIVERSITY ONE UNIVERSITY PARK DRIVE NASHVILLE TN 37204 620485733 501(C)(3) 171628 0 CASH SCHOLARSHIPS LIPSCOMB UNIVERSITY ONE UNIVERSITY PARK DRIVE NASHVILLE TN 37204 620485733 501(C)(3) 100000 0 CASH LIPSCOMB MENTORING NETWORK LIPSCOMB UNIVERSITY ONE UNIVERSITY PARK DRIVE NASHVILLE TN 37204 620485733 501(C)(3) 500000 0 CASH LIPSCOMB LEADS CAMPAIGN LUBBOCK CHRISTIAN UNIVERSITY 5601 19TH STREET LUBBOCK TX 79407 750950119 501(C)(3) 20000 0 CASH SCHOLARSHIPS MADISON CHURCH OF CHRIST 556 HUGHES ROAD MADISON AL 35758 630981854 501(C)(3) 20000 0 CASH LIBERIA MISSION MARRIAGE HELPER INC 1559 W HARPETH RD SUITE 2 FRANKLIN TN 37064 462928377 501(C)(3) 10000 0 CASH SCHOLARSHIPS FOR INTENSIVE 3-DAY MARRIAGE WORKSHOPS MISSION UPREACH INC 3221 DUNDEE ROAD LONGVIEW TX 75604 455375339 501(C)(3) 10000 0 CASH COFFEE FARM AND BRAND DEVELOPMENT MISSIONS RESOURCE NETWORK 1903 CENTRAL DRIVE SUITE 410 BEDFORD TX 76021 752766086 501(C)(3) 10000 0 CASH GENERAL OPERATING SUPPORT NEIGHBORHOOD COOPERATIVE MINISTRY INC PO BOX 1489 NORCROSS GA 30091 581792414 501(C)(3) 8000 0 CASH HOLIDAY FOOD BOXES PROGRAM NEIGHBORHOOD COOPERATIVE MINISTRY INC PO BOX 1489 NORCROSS GA 30091 581792414 501(C)(3) 50000 0 CASH BEYOND THE BUILDING CAPITAL CAMPAIGN NORTH ATLANTA CHURCH OF CHRIST 5676 ROBERTS DRIVE ATLANTA GA 30338 581286505 501(C)(3) 28000 0 CASH NACC SCHOLARSHIP PROGRAM NORTH END COLLECTIVE INC 5081 WHITEWATER DRIVE PEACHTREE CORNERS GA 30092 834547296 501(C)(3) 10000 0 CASH GENERAL OPERATING SUPPORT OKLAHOMA CHRISTIAN UNIVERSITY OCU BOX 11000 OKLAHOMA CITY OK 73136 730555460 501(C)(3) 10000 0 CASH GENERAL OPERATING SUPPORT PEPPERDINE UNIVERSITY 24255 PACIFIC COAST HIGHWAY MALIBU CA 90263 951644037 501(C)(3) 25000 0 CASH SCHOLARSHIPS PREDISAN USA INC PO BOX 72618 MARIETTA GA 30007 311707594 501(C)(3) 27500 0 CASH REHABILITATION PROGRAM SERVANT FOUNDATION DBA THE SIGNATRY 7171 W 95TH STREET SUITE 501 OVERLAND PARK KS 66212 431890105 501(C)(3) 25000 0 CASH THE G3 SHUMARD GIVING FUND THE EXTENSION INC PO BOX 793 MARIETTA GA 30061 581915156 501(C)(3) 30000 0 CASH BUILDING SOLUTIONS CAPITAL CAMPAIGN THE MARRIAGE BED A DIVISION OF AEA 4641 LYONS HILL ROAD SPRINGDALE WA 99173 030396268 501(C)(3) 10000 0 CASH GENERAL OPERATING FUND WEST DYERSBURG CHURCH OF CHRIST 820 HWY 51 BYPASS NORTH DYERSBURG TN 38024 621103322 501(C)(3) 17150 0 CASH SCHOLARSHIP 48 PART I, LINE 2: FOR EACH GRANT MADE BY THE ORGANIZATION, A GRANT LETTER IS INCLUDED WITH THE CHECK STATING THE PURPOSE OF THE GRANT AND REQUIRING THAT THE GRANT RECIPIENT SIGN AND RETURN THE LETTER AS CERTIFICATION THAT THE ORGANIZATION WILL USE THE FUNDS AS OUTLINED IN THE LETTER. 0 1 0 0 0 0 0 0 0 DALE ARMSTRONG TRUSTEE 0 218386 0 25750 0 0 0 9200 0 17821 0 271157 0 0 PART I, LINE 4B SIGNATRY DESIGNED DALE ARMSTRONG'S COMPENSATION FORM 990, PART VI, SECTION A, LINE 2 KEN AND BRENDA JOYCE SHUMARD ARE MARRIED, AND CURT SHUMARD IS THE NEWPHEW OF KEN AND JOYCE SHUMARD. FORM 990, PART VI, SECTION A, LINE 7A KENNETH M. SHUMARD AND BRENDA JOYCE SHUMARD APPOINT THREE OF THE SEVEN BOARD MEMBERS. THE SERVANT FOUNDATION, INC DBA THE SIGNATRY APPOINTS FOUR OF THE SEVEN BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B N/A - THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS PROVIDED A COPY OF THE FORM 990 EITHER BY EMAIL OR, IF POSSIBLE, DURING A BOARD MEETING, ALLOWING TIME FOR REVIEW AND COMMENTS BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD OF TRUSTEES IS SMALL, WITH ONLY SEVEN MEMBERS. THE ORGANIZATION'S OFFICERS MAINTAIN FAMILIARITY WITH THE COMMUNITY STATUS AND BUSINESS ACTIVITIES AND INTERESTS OF THE TRUSTEES. THE ORGANIZATION IS A SUPPORTING ORGANIZATION FOR THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY, AND THAT ORGANIZATION APPOINTS A MAJORITY OF THE ORGANIZATION'S TRUSTEES. THE ORGANIZATION'S OFFICERS CONSULT WITH THE SERVANT FOUNDATION INC. DBA THE SIGNATRY AND THE ORGANIZATION'S LEGAL COUNSEL WHEN APPROPRIATE TO ENSURE THE ORGANIZATION'S COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS COPIES OF ITS EXEMPTION APPLICATION AND THREE MOST RECENT ANNUAL RETURNS AVAILABLE FOR INSPECTION AT ITS OFFICE. FORM 990, PART XII, LINE 1: THE INCOME STATEMENT AND BALANCE SHEET ARE REPORTED ON A TAX BASIS. FORM 990, PART XII, LINE 2B AND 2C: THE ORGANIZATION'S FINANCIAL STATEMENTS ARE INCLUDED IN THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY'S CONSOLIDATED ANNUAL AUDIT. THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY HAS A GOVERNANCE COMMITTEE RESPONSIBLE FOR OVERSIGHT. SHUMARD FOUNDATION HOLDINGS LLC 45 TECHNOLOGY PARKWAY S SUITE 205 PEACHTREE CORNERS GA 30092 HOLDING REAL ESTATE GA THE SHUMARD FOUNDATION INC SERVANT FOUNDATION INC DBA THE SIGNATRY 7171 W 95TH STREET STE 501 OVERLAND PARK KS 66212 431890105 FACILIATES REVOLUTIONARY GENEROSITY BY PROVIDING GRANTS FOR NONPROFITS KS 501(C)(3) 170(B)(1)(A)(VI) N/A 0 CREOLA II INC 45 TECHNOLOGY PARKWAY S SUITE 205 PEACHTREE CORNERS GA 30092 460713559 INVESTMENT HOLDING COMPANY GA THE SHUMARD FOUNDATION C 13965190 1.00000 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CREOLA II INC D 8097282 CASH CREOLA II INC A 500000 INTEREST RECEIVABLE CREOLA II INC D 990000 LOAN CREOLA II INC B 5507788 TSF HOLDINGS CONTRIBUTION CREOLA II INC E 37590 LOAN REPAYMENT PART V, 1(D) AND 2, ITEM 1: THE ORGANIZATION HAS A PROMISSORY LINE OF CREDIT RECEIVABLE WITH NO STATED MAXIMUM, OUTSTANDING BALANCE: $8,097,282; DATED: OCTOBER 31, 2012; THE SHUMARD FOUNDATION, INC. AS LENDER, AND CREOLA II, INC. AS DEBTOR; PAYABLE ON DEMAND. ALL INVESTMENTS FUNDED BY THIS LINE OF CREDIT HAVE BEEN APPROVED BY THE BOARD. PART V, 1(B) AND 2, ITEM (4): THE SHUMARD FOUNDATION CONTRIBUTED THE SHUMARD FOUNDATION HOLDING LLC ENTITY TO CREOLA II, INC. PART V, 1(D) AND 2, ITEM 3: ON AUGUST 1, 2022 THE BOARD APPROVED A LOAN OF $990,000 TO CREOLA II, INC. THE NOTE REQUIRES ANNUAL INSTALLMENTS OF ACCRUED INTEREST ONLY AND MATURES ON 8/1/2027, AT WHICH TIME ALL ACCRUED AND UNPAID INTEREST TOGETHER WITH ALL OF THE THEN OUTSTANDING PRINCIPAL ARE DUE. PART V, 1(B) AND 2, ITEM 4: THE SHUMARD FOUNDATION MADE AN ADDITIONAL INVESTMENT IN CREOLA II, INC. BY CONTRIBUTING THE SHUMARD FOUNDATION HOLDINGS LLC. THE ONLY ASSET IN SHUMARD HOLDINGS INC. IS REAL ESTATE IN ALABAMA.