2024-05-09T14:25:10-04:00 2023-06-30 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 630 CHARLOTTE NC 28203 990 2022-07-01 237029901 FAYETTEVILLE STATE UNIVERSITY FOUNDATION FAYE 9106721111 1200 MURCHISON ROAD FAYETTEVILLE NC 283014252 JOHN BEN BROWN JR CHAIR 9106721111 2024-05-09 JOHN BROWN 999009999 true MEGAN A RIDGLEY CPA P01317611 7044993893 2024-05-09 2022 2023-04-26 12:10:37Z JOHN BEN BROWN JR 1200 MURCHISON ROAD FAYETTEVILLE NC 283014252 5468947 false X HTTP://WWW.UNCFSU.EDU/IA/FSUFOUNDATION X 1969 NC A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS, OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE SATTE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, R 24 17 0 0 2047899 3898806 1278040 1290439 272480 268761 10941 3598419 5468947 294986 3832876 0 0 0 0 1940425 1338669 2235411 5171545 1363008 297402 24987920 26580208 8233531 9571383 16754389 17008825 X A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS, OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE SATTE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, R true false 3931181 3832876 39731 A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, RESEARCH PROJECTS AND STUDIES AS APPROVED BY THE PROPER AUTHORITIES OF THE UNIVERSITY. 1213452 1250708 FSU HOUSING FOUNDATION LLC 5144633 true true false false false false false false false true true false false true true false false true false false false false false false false false false true false false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false false false false false false false X 24 17 false false false false false false false true true false true true true false false false true true false X FSU FOUNDATION 9106721084 1200 MURCHISON RD FAYETTEVILLE NC 28301 JOHN BEN BROWN JR CHAIR 1.00 X X 0 0 0 JERMAINE COBLE VICE CHAIR 1.00 X X 0 0 0 VEDAS NEAL SECRETARY 1.00 X X 0 0 0 WILLIE GRAY DIRECTOR 1.00 X 0 0 0 ROBIN BODDIE-HAGGINS DIRECTOR 1.00 X 0 0 0 JARED JAMES DIRECTOR 1.00 X 0 0 0 OLIVIA CHAVIS DIRECTOR 1.00 X 0 0 0 JERMAINE PITTMAN DIRECTOR 1.00 X 0 0 0 CHRISTOPHER DAVIS DIRECTOR 1.00 X 0 0 0 THEODORE DEBOSE DIRECTOR 1.00 X 0 0 0 CATHY WADDELL DIRECTOR 1.00 X 0 0 0 JOHN GODBOLT DIRECTOR 1.00 X 0 0 0 REGINALD WELLS DIRECTOR 1.00 X 0 0 0 QU'DERRICK COVINGTON DIRECTOR 1.00 X 0 0 0 RAYMOND PRIVOTT DIRECTOR 1.00 X 0 0 0 J MICHAEL RUSH DIRECTOR 1.00 X 0 0 0 MONICA CARSON SHERIFF DIRECTOR 1.00 X 0 0 0 KEVIN WESTER DIRECTOR 1.00 X 0 0 0 DARRELL T ALLISON EX-OFFICIO D 1.00 X 0 314443 0 OMAR BELL EXECUTIVE DI 1.00 X 0 0 0 LILLIAN WANJAGI EX-OFFICIO D 1.00 X 0 0 0 GLENN ADAMS EX-OFFICIO D 1.00 X 0 0 0 MONICA LEACH EX-OFFICIO D 1.00 X 0 0 0 LINDA COLEY EX-OFFICIO D 1.00 X 0 0 0 MAYA MARTIN EX-OFFICIO D 1.00 X 0 0 0 314443 false false false 3898806 3898806 FSU HOUSING FOUNDATION RENT 531110 1250708 1250708 SALES AND SERVICES 531110 39731 39731 1290439 242874 242874 25887 25887 25887 25887 MISC. INCOME 900099 10941 10941 10941 5468947 1301380 268761 3832876 3832876 12315 12315 109013 82101 26912 366901 366901 236120 236120 REPAIRS 455598 455598 SUPPLIES 110437 110437 CLEANING / MAINTENANCE 28690 28690 ADMIN SUPPLIES 16204 16204 3391 3391 5171545 5144633 26912 0 5105247 4261241 846 22614 268075 30551 39755 8024000 7454000 434040 434040 434040 11371468 12173504 1948747 24987920 26580208 178980 2077628 8054551 7493755 8233531 9571383 X 11098260 3285596 5656129 13723229 16754389 17008825 24987920 26580208 297402 -42966 X false true X X 505565 437030 658732 2047899 3898806 7548032 653922 1491565 1210299 1278040 1301380 5935206 1159487 1928595 1869031 3325939 5200186 13483238 6000 6000 6000 6000 13477238 285654 251057 235413 242874 1014998 285654 251057 235413 242874 1014998 1203764 1203764 2363251 2214249 2120088 3561352 5443060 15702000 0.85830 0.69910 0.06000 0.06000 X PART III, LINE 12 1,203,764 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11449015 1140510 -48735 -313977 12226813 10876705 356596 436434 -220720 11449015 7555095 438288 3100669 -93814 10876705 7396521 246359 153344 2882541 7555095 0.42000 0.58000 false false 434040 434040 434040 OTHER RECEIVABLES 1948747 1948747 LONG TERM DEBT 7454000 INTEREST PAYABLE 39755 7493755 5425981 -42966 -42966 5468947 5468947 5171545 5171545 5171545 false FAYETTEVILLE STATE UNIVERSITY 1200 MURCHISON ROAD FAYETTEVILLE NC 28301 561238736 GOV 3451454 SCHOLARSHIPS FAYETTEVILLE STATE UNIVERSITY 1200 MURCHISON ROAD FAYETTEVILLE NC 28301 561238736 GOV 381422 SCHOOL SUPPORT FORM 990 - ORGANIZATION'S MISSION A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS, OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE SATTE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, RESEARCH PROJECTS AND STUDIES AS APPROVED BY THE PROPER AUTHORITIES OF THE UNIVERSITY. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERING SERVICES TO ACCOMPLISH THE ORGANIZATION'S MISSION. FORM 990, PAGE 2, PART III, LINE 2 THE FSU HOUSING FOUNDATION LLC HAS BEEN LISTED AS A SEPARATE PROGRAM FOR THIS FISCAL YEAR. IT WAS PREVIOUSLY INCLUDED IN THE FIRST PROGRAM IN PRIOR YEARS. FORM 990, PAGE 2, PART III, LINE 4A A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, RESEARCH PROJECTS AND STUDIES AS APPROVED BY THE PROPER AUTHORITIES OF THE UNIVERSITY. FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED BY BOARD OF DIRECTORS AND RESPONSIBLE FINANCIAL PERSONNEL. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICTS OF INTEREST ARE RESOLVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A NOT APPLICABLE; ALL VOLUNTEER ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 15B NOT APPLICABLE; ALL VOLUNTEER ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 19 MADE AVAILABLE UPON REQUEST. FSU HOUSING FOUNDATION LLC 1200 MURCHISON ROAD FAYETTEVILLE NC 283014252 562266846 HOUSING NC 1257462 10426845 FSU FOUNDA FAYETTEVILLE STATE UNIVERSITY 1200 MURCHISON ROAD FAYETTEVILLE NC 28301 561238736 UNIVERSITY NC 6 N/A false false true false false false false false false false false false false false false false false false false false FAYETTEVILLE STATE UNIVERSITY B 3832876 ACTUAL AMOUNT