2024-10-05T06:55:17-05:00 2023-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2023-01-01 871470065 GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT FOUNDATION INC GOOD 7043723434 5301 WILKINSON BOULEVARD CHARLOTTE NC 28208 SARA GARCES ROSELLI BOARD CHAIR 7043723434 2024-09-17 1 1 MELANIE MCPEAK P01346034 7043771678 2023 2024-10-15 13:58:12Z CHRISTOPHER JACKSON 5301 WILKINSON BOULEVARD CHARLOTTE NC 28208 2315972 0 X N/A X 2021 NC SUPPORT GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC. 7 7 0 7 0 0 1000000 0 0 0 -142339 495152 0 0 857661 495152 3500000 3000000 0 0 0 0 0 0 0 48570 93472 3548570 3093472 -2690909 -2598320 8439021 6081105 810 16380 8438211 6064725 THE GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT FOUNDATION'S PURPOSE IS TO SUPPORT EFFORTS TO ADVANCE THE MISSION, STRATEGIC GOALS & FINANCIAL SUSTAINABILITY OF GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC. 0 0 3000000 3000000 THE FOUNDATION SUPPORTED GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC. THROUGH A GIFT. THIS GIFT WAS USED TO SUPPORT FOUR STRATEGIC INITIATIVES TO SCALE UP, ACCELERATE, AND EXPAND SERVICES AND SUPPORTS TO PROVIDE MORE EQUITABLE ACCESS TO SKILLS, CERTIFICATIONS, SOCIAL CAPITAL, AND EMPLOYERS TO BUILD PATHWAYS TO PROSPERITY FOR MORE INDIVIDUALS IN OUR REGION. THESE INVESTMENTS ALLOWED GOODWILL TO BUILD UPON THE IMMERSIVE MODEL WITH PARTICIPANTS, EMPLOYERS, AND OTHER STRATEGIC PARTNERS AND FURTHER ENHANCE THE SYMBIOTIC RELATIONSHIP BETWEEN THEIR RETAIL STORES, COMMUNITY-BASED PROGRAMS, AND OVERALL MISSION. IN ADDITION, CAPITAL INVESTMENTS TO SUPPORT NEW RETAIL STORES WILL ACCELERATE FUTURE GROWTH, EMPLOYMENT OPPORTUNITIES, AND FINANCIAL SUSTAINABILITY. 3000000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 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 7 7 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X SHANNON RUSSELL 7043320338 5301 WILKINSON BLVD CHARLOTTE NC 28208 SARA GARCES ROSELLI PRESIDENT 0.14 0.00 X X 0 0 0 TONY SMITH SECRETARY/TREASURER 0.14 0.00 X X 0 0 0 JEFF ALVINO DIRECTOR 0.14 0.00 X 0 0 0 DAVID HAGGART DIRECTOR 0.14 0.00 X 0 0 0 LINDA LOCKMAN-BROOKS DIRECTOR 0.14 0.00 X 0 0 0 ANNE PREDIERI DIRECTOR 0.14 0.58 X 0 0 0 ANGIE VINCENT-HAMACHER DIRECTOR 0.14 0.00 X 0 0 0 CHRISTOPHER JACKSON ASSISTANT SEC/TREASURER 0.50 55.00 X 0 443762 25396 0 443762 25396 0 0 1 0 0 219202 219202 2096770 1820820 275950 275950 275950 495152 0 0 495152 3000000 3000000 14175 14175 73141 73141 5355 5355 801 801 3093472 3000000 93472 0 48070 57514 1000000 7390951 6023591 8439021 6081105 810 16380 810 16380 X 8438211 6064725 8438211 6064725 8439021 6081105 -2598320 224834 0 X 0 1 X 1 0 X X X 1 GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT INC 560844639 7 1 3000000 0 1 3000000 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 247816 219202 247816 219202 0 0 0 0 0 0 247816 219202 8890499 6149674 208360 266448 0 0 9098859 6416122 0 0 0 9098859 6416122 136483 96242 8962376 6319880 313683 221196 0 0 313683 221196 247816 210644 313683 313683 0 313683 3000000 0 0 0 0 0 3000000 3000000 313683 100.000000000000 313683 0 0 0 0 0 3480648 3480648 0 313683 0 3166965 3000000 0 3000000 0 0 6166965 0 0 0 3166965 3000000 PART IV, SECTION D, LINE 3: THE BOARD OF DIRECTORS OF THE FOUNDATION IS COMPRISED OF A SIGNIFICANT NUMBER OF INDIVIDUALS APPOINTED BY ITS SUPPORTED ORGANIZATION ("GOODWILL"). ADDITIONALLY, THE FOUNDATION RECEIVES CONTRIBUTIONS FROM GOODWILL WHICH ARE REQUIRED TO BE USED FOR THE SUPPORT OF GOODWILL. BOTH OF THESE FACTORS MEAN THAT GOODWILL HAS A SIGNIFICANT VOICE IN THE FOUNDATION'S INVESTMENT POLICIES, TIMING OF GRANTS, MANNER OF MAKING GRANTS, AND OTHER USE OF INCOME AND ASSETS. PART V, SECTION D, LINE 8 DISTRIBUTIONS WERE MADE TO GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC. ("GOODWILL"), WHICH IS AN ATTENTIVE SUPPORTED ORGANIZATION TO WHICH THE FOUNDATION IS RESPONSIVE. THE FOUNDATION'S 2023 DISTRIBUTIONS TO GOODWILL REPRESENTED MORE THAN 10% OF THE DONATED SUPPORT RECEIVED BY GOODWILL IN 2022; THEREFORE, THE ATTENTIVENESS TEST HAS BEEN MET. ADDITIONALLY, GOODWILL HAS A SIGNIFICANT VOICE IN THE FOUNDATION'S INVESTMENT POLICIES, TIMING OF GRANTS, MANNER OF MAKING GRANTS, AND OTHER USE OF INCOME AND ASSETS; THEREFORE, THE RESPONSIVENESS TEST HAS BEEN MET. 0 X 646845 224834 224834 422011 73141 73141 495152 3020331 0 3020331 73141 73141 3093472 PART X, LINE 2: THE FOUNDATION FOLLOWS FASB GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE FOUNDATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2023 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. 1 GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT INC PO BOX 668768 CHARLOTTE NC 28266 560844639 501(C)(3) 3000000 0 GENERAL SUPPORT 1 0 PART I, LINE 2: THE ORGANIZATION ONLY MAKES GRANTS TO ITS SUPPORTED ORGANIZATION. THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 CHRISTOPHER JACKSON ASSISTANT SEC/TREASURER 0 374269 0 62892 0 6601 0 11228 0 14168 0 469158 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC. ("GOODWILL") HAS THE POWER TO APPOINT SOME OF THE DIRECTORS OF THE FOUNDATION. THE NUMBER OF DIRECTORS TO BE APPOINTED BY GOODWILL IS EQUAL TO THE TOTAL NUMBER OF DIRECTORS OF THE FOUNDATION MINUS ONE, DIVIDED BY TWO (I.E. WILL ALWAYS BE LESS THAN A MAJORITY OF THE DIRECTORS). FORM 990, PART VI, SECTION B, LINE 11B THE 990 DRAFT IS EMAILED TO ALL THE BOARD MEMBERS. THEY EACH HAVE THE PLATFORM TO ASK QUESTIONS. ALL THE BOARD MEMBERS ARE ASKED TO RESPOND THROUGH EMAIL THAT THEY HAVE REVIEWED THE 990 AND DO NOT HAVE ANY FURTHER QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY PROVIDING COPIES OF THE POLICY AND PROCEDURES TO ALL BOARD MEMBERS ANNUALLY. EACH PERSON IS REQUIRED TO REVIEW AND SIGN THE DOCUMENT, ACKNOWLEDGING THEIR WILLINGNESS TO ABIDE BY THIS POLICY. THESE BOARD MEMBERS' STATEMENTS ARE THEN KEPT IN THE ORGANIZATION'S FILES. IN THE EVENT OF A CONFLICT DURING THE YEAR, THAT PERSON WILL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND/OR VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ANY DOCUMENTS REQUIRED TO BE DISCLOSED TO THE PUBLIC AVAILABLE UPON REQUEST. GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT INC PO BOX 668768 CHARLOTTE NC 28266 560844639 CHANGING LIVES THROUGH THE POWER OF WORK NC 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0