2024-10-24T10:24:07-05:00 2024-06-30 BDO USA 421 Fayetteville Street Suite 300 Raleigh NC 27601 990 2023-07-01 522204473 The Golden LEAF Inc % ERICA SMITH GOLD 2524427474 301 N Winstead Avenue Rocky Mount NC 27804 ERICA SMITH VP of Finance 2524427474 2024-10-23 true true Sandra L Feinsmith P01064157 9192781936 2024-10-21 2023 2024-10-15 13:58:12Z SCOTT T HAMILTON 301 N Winstead Avenue Rocky Mount NC 27804 212417312 false X www.goldenleaf.org X 1999 NC SEE PART III, LINE 1 15 15 30 16 -1671557 0 29092002 40110208 0 0 27563917 39009507 1102747 5003 57758666 79124718 56181459 120711983 0 0 2992017 3412302 0 0 0 4362059 3344261 63535535 127468546 -5776869 -48343828 1292166073 1403937165 214502164 245570768 1077663909 1158366397 X GOLDEN LEAF'S MISSION IS TO INCREASE ECONOMIC OPPORTUNITY IN NORTH CAROLINA'S RURAL AND TOBACCO-DEPENDENT COMMUNITIES THROUGH LEADERSHIP IN GRANTSMAKING, COLLABORATION, INNOVATION, AND STEWARDSHIP AS AN INDEPENDENT AND PERPETUAL FOUNDATION. false false 123532246 120711983 0 THE PRIMARY PURPOSE FOR WHICH THIS CORPORATION WAS FORMED IS TO PROMOTE THE SOCIAL WELFARE AND LESSEN THE BURDENS OF GOVERNMENT BY RECEIVING AND DISTRIBUTING FUNDS TO BE USED TO PROVIDE ECONOMIC IMPACT ASSISTANCE TO ECONOMICALLY AFFECTED OR TOBACCO-DEPENDENT REGIONS OF NORTH CAROLINA. IN ACCORDANCE WITH THE CONSENT DECREE AND FINAL JUDGMENT IN STATE OF NORTH CAROLINA V. PHILLIP MORRIS INCORPORATED, ET AL., 98 CVS 14377. ACTIVITIES IN WHICH THE CORPORATION MAY ENGAGE IN THE STATE OF NORTH CAROLINA INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING: 1. EDUCATION ASSISTANCE - PROVISION OF FUNDS FOR EDUCATIONAL PROGRAMS FOR TOBACCO FARMERS AND OTHER WORKERS IMPACTED OR PROJECTED TO BE IMPACTED BY THE DECLINE IN DEMAND FOR AND/OR PRODUCTION OF TOBACCO OR TOBACCO PRODUCTS. 2. JOB TRAINING AND EMPLOYMENT ASSISTANCE - PROVISION OF LOANS AND GRANTS, TO BE USED FOR JOB TRAINING AND OTHER EMPLOYMENT-RELATED PROGRAMS TO ORGANIZATIONS ASSISTING TOBACCO FARMERS AND OTHER WORKERS DEPENDENT ON TOBACCO FARMING, PRODUCTION, AND SALES TO TRANSITION TO OTHER SOURCES OF INCOME. 3. SCIENTIFIC RESEARCH - PROVISION OF FUNDING FOR SCIENTIFIC RESEARCH TO DEVELOP NEW USES FOR TOBACCO OR FOR THE DEVELOPMENT OF ALTERNATIVE CASH CROPS. 4. ECONOMIC HARDSHIP ASSISTANCE - PROVISION OF DIRECT GRANTS, LOANS, AND OTHER ASSISTANCE PROGRAMS TO ALLEVIATE ECONOMIC HARDSHIP, POVERTY OR NEED EXPERIENCED BY TOBACCO FARMERS, QUOTA OWNERS, THEIR FAMILIES AND OTHERS AS A RESULT OF DECLINE IN QUOTA AND/OR PRODUCTION OF TOBACCO OR TOBACCO PRODUCTS. 5. PUBLIC WORKS AND INDUSTRIAL RECRUITMENT - PROVISION OF GRANTS AND LOANS TO LOCAL GOVERNMENTS FOR UPGRADING UTILITIES, TRANSPORTATION, AND OTHER PUBLIC SERVICE INFRASTRUCTURE TO ATTRACT NEW BUSINESSES OR FOR MORE GENERAL ECONOMIC DEVELOPMENT PURPOSES. 6. HEALTH AND HUMAN SERVICES - PROVISION OF FUNDING FOR IMPROVED HEALTH CARE AND OTHER SOCIAL SERVICES NEEDED TO MAINTAIN THE STABILITY OF TOBACCO-DEPENDENT COMMUNITIES. 7. COMMUNITY ASSISTANCE - PROVISION OF DIRECT GRANTS AND LOANS TO ECONOMICALLY DEPRESSED AND DETERIORATING TOBACCO-DEPENDENT COMMUNITIES TO BE USED EXCLUSIVELY FOR PUBLIC PURPOSES. 123532246 true true false true false false false false false false false true false false false false true false false false true false false false false false false true false true false false false false false false false false false false false false false false false false false true 20 0 true 30 true true true false false false false false false false false false false false X 15 15 false false false false true true true true true false false true true true true true true true false false X ERICA SMITH 2524427474 301 N WINSTEAD AVE ROCKY MOUNT NC 27804 X SCOTT T HAMILTON PRESIDENT/CEO 40.0 0.0 X 286506 0 41178 EDWARD P LORD SVP/GENERAL COUNSEL 40.0 0.0 X 200676 0 44537 ERICA L SMITH VP OF FINANCE 40.0 0.0 X 160967 0 40215 KASEY E GINSBERG VP/CHIEF OF STAFF 40.0 0.0 X 158035 0 28219 JONATHAN P BOYD VP OF INVESTMENTS 40.0 0.0 X 141801 0 26671 TERRI ADOU-DY ENDED 062024 DIR OF PROGRAMS/PROGRAMS ADMIN 40.0 0.0 X 129303 0 33460 ANGELA GAILLIARD DIRECTOR OF PROGRAMS 40.0 0.0 X 112231 0 33178 MARILYN M CHISM DIRECTOR OF PROGRAMS 40.0 0.0 X 121863 0 13929 RANDY ISENHOWER DIRECTOR 3.0 0.0 X 1768 0 0 DARRYL MOSS DIRECTOR 3.0 0.0 X 1560 0 0 RALPH STRAYHORN III BOARD CHAIR 15.0 0.0 X X 1456 0 0 THOMAS F TAFT SR DIRECTOR 3.0 0.0 X 1352 0 0 S LAWRENCE DAVENPORT DIRECTOR 3.0 0.0 X 1248 0 0 DAVID L ROSE DIRECTOR 3.0 0.0 X 1248 0 0 BOBBIE J RICHARDSON SECRETARY 3.0 0.0 X X 1040 0 0 CHARLES P BROWN DIRECTOR 3.0 0.0 X 1040 0 0 LAURENCE LILLEY DIRECTOR 3.0 0.0 X 1040 0 0 BRIAN RAYNOR VICE CHAIR 3.0 0.0 X X 832 0 0 JOHNATHAN RHYNE JR TREASURER/ASST. SECRETARY 3.0 0.0 X X 624 0 0 JEROME VICK ENDED 072023 DIRECTOR 3.0 0.0 X 624 0 0 JEFFREY LEE BEGAN 112023 DIRECTOR 3.0 0.0 X 208 0 0 BARRY Z DODSON DIRECTOR 3.0 0.0 X 0 0 0 DONALD E FLOW DIRECTOR 3.0 0.0 X 0 0 0 BUDDY KELLER DIRECTOR 3.0 0.0 X 0 0 0 1325422 0 261387 8 false true false SILCHESTER INTERNATIONAL INVESTORS 780 THIRD AVENUE 42ND FLOOR NEW YORK NY 10017 INVESTMENT MGMT 544987 WELLINGTON MANAGEMENT 280 Congress Street BOSTON MA 02110 INVESTMENT MGMT 368953 Prime Buchholz Associates Inc 25 Chestnut Street PORTSMOUTH NH 03801 Invest. CONSULTING 323058 FOX ROTHSCHILD LLC 230 N ELM STREET SUITE 1200 GREENSBORO NC 27401 LEGAL SERVICES 256424 SIT FIXED INCOME ADVISORS LLC 80 SOUTH 8TH STREET SUITE 3300 MINNEAPOLIS MN 55402 INVESTMENT MGMT 108497 5 36502210 3607998 40110208 0 22232757 -1671557 23904314 0 0 0 0 0 150069344 133292594 16776750 16776750 16776750 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 5003 5003 5003 79124718 -1671557 40686067 120711983 120711983 0 0 0 1637801 958817 678984 0 1219150 1065793 153357 120262 104723 15539 245044 197622 47422 190045 139817 50228 0 280935 280935 100646 100646 0 0 1749146 1749146 342600 210228 132372 145054 17615 127439 77754 77754 183356 27295 156061 0 108438 108438 77402 74562 2840 0 23791 23791 0 0 0 19967 19967 LINE OF CREDIT FEES 119880 119880 BOARD OF DIRECTORS EXPENSES 52619 52619 CAPITAL OUTLAYS 39238 39238 DUES AND MEMBERSHIPS 13891 13891 9544 9544 127468546 123532246 3936300 0 X 1205375 368576 0 227721 0 0 2886497 2476351 0 0 0 0 19821 14866 0 0 120162 132069 0 0 0 0 509842313 583295597 778091905 817421985 0 0 0 0 0 0 1292166073 1403937165 208764 230414 214293400 245340354 0 0 0 0 0 0 0 0 0 0 0 0 0 0 214502164 245570768 X 0 0 0 0 1077663909 1158366397 1077663909 1158366397 1292166073 1403937165 X -48343828 122372470 6673846 X X false true X true true true X 42706990 95710093 42778981 29092002 40110208 250398274 0 0 42706990 95710093 42778981 29092002 40110208 250398274 0 250398274 16352323 11741778 14919713 19494759 23904314 86412887 0 0 0 0 0 0 390 0 0 1102747 5003 1108140 337919301 0 0.74100 0.76879 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 19199 false false 19199 false LOBBYING ACTIVITY - FORM 990, SCHEDULE C, PART II-B, LINE 1G: THESE EXPENSES REPRESENT SALARY AND BENEFITS FOR OUR VP/CHIEF OF STAFF AND FOR OUR GOVERNMENT AND EXTERNAL AFFAIRS COORDINATOR FOR TIME SPENT LOBBYING MEMBERS OF THE NC GENERAL ASSEMBLY RELATED TO LEGISLATION AFFECTING GOLDEN LEAF FUNDING AND EDUCATING LEGISLATORS AND THEIR STAFF ON THE MISSION OF THE FOUNDATION AND ITS WORK. AG REALTY VII, VIII, X & XI 12920964 F AUDAX FUND VII-A 4871322 F BAIN CAPITAL REAL ESTATE II-B 12035141 F BEACON CPTL STRATEGIC PTRS VI 19146 F BRIGHTSTAR CAPITAL PARTNERS II 17112003 F CANTILLON GLOBAL EQUITY FUND 112417174 F CARNELIAN ENERGY CAPITAL IV,LP 7368603 F CAROUSEL CAPITAL PTRS IV,V& VI 21327953 F DENHAM CMDTY PRTNRS FUND V&VI 3218122 F ENCAP ENERGY CAPITAL FUNDS 36316981 F EVOLUTION TECHNOLOGY FUND III 3473848 F FARALLON CAPITAL INSTITUTIONAL 36619735 F FPA HAWKEYE FUND, LLC 85429 F FRONTIER FUND VI, LP 6638568 F HARPOON 609885 F JUNIPERUS INSURANCE OPP. 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566001349 GOV'T ENTITY 43500 SEE PART IV TOWN OF TRENT WOODS 898 CHELSEA ROAD TRENT WOODS NC 28562 561015997 GOV'T ENTITY 693706 SEE PART IV TOWN OF WARRENTON PO BOX 281 WARRENTON NC 27589 566001362 GOV'T ENTITY 196448 SEE PART IV TOWN OF WEST JEFFERSON PO BOX 490 WEST JEFFERSON NC 28694 566001371 GOV'T ENTITY 210000 SEE PART IV TRI-COUNTY COMMUNITY COLLEGE 21 CAMPUS CIRCLE MURPHY NC 28906 560896010 GOV'T ENTITY 480000 SEE PART IV COUNTY OF WASHINGTON PO BOX 1007 PLYMOUTH NC 27962 566000349 GOV'T ENTITY 15000 SEE PART IV WESTERN CAROLINA UNIVERSITY 4121 LITTLE SAVANNAH RD CULLOWHEE NC 28723 566001440 GOV'T ENTITY 200000 SEE PART IV WILKES ECONOMIC DEVELOPMENT CORPORATION 213 NINTH STREET NORTH WILKESBORO NC 28659 561957642 501(c)(3) 1500000 SEE PART IV WILSON YOUTH UNITED INC 910 TARBORO ST W WILSON NC 27893 271604121 501(c)(3) 75042 SEE PART IV YADKIN COUNTY SCHOOLS 121 WASHINGTON ST YADKINVILLE NC 27055 566001137 ED TAX EXEM 393000 SEE PART IV 118 1 GRANTS MONITORING - FORM 990, SCHEDULE I, LINE 2: APPLICANTS THAT RECEIVE AWARDS FROM THE BOARD ARE REQUIRED TO SIGN A GRANTEE ACKNOWLEDGEMENT & AGREEMENT, WHICH STATES GUIDELINES AND CONDITIONS FOR A GRANT. GRANTEES MUST ALSO ATTEND A GRANTS MANAGEMENT TRAINING SESSION, UNLESS WAIVED BY THE SENIOR VICE PRESIDENT OR PRESIDENT OF THE FOUNDATION FOR GOOD CAUSE. GOOD CAUSE INCLUDES, FOR EXAMPLE, THE GRANTEE HAS PREVIOUSLY SUCCESSFULLY MANAGED A GRANT FROM THE FOUNDATION. THE GRANTEE ACKNOWLEDGEMENT & AGREEMENT MAY CONTAIN CONDITIONS THAT MUST BE SATISFIED BEFORE FUNDS WILL BE RELEASED. THESE CONDITIONS, ALONG WITH REQUIREMENTS FOR INTERIM AND FINAL REPORTS, ARE ENTERED IN A DATABASE. ONCE THE FOUNDATION RECEIVES THE SIGNED GRANTEE ACKNOWLEDGEMENT & AGREEMENT, EVIDENCE THAT PRECONDITIONS HAVE BEEN MET, AND A WRITTEN REQUEST FOR PAYMENT, THE APPLICANT IS ELIGIBLE TO RECEIVE AN INITIAL DISBURSEMENT. GRANTEES MAY RECEIVE ADVANCES IN INCREMENTS OF UP TO 20% OF THE GRANT AWARD OR REIMBURSEMENTS OF UP TO 80% OF THE GRANT AWARD OR A COMBINATION OF ADVANCES AND REIMBURSEMENTS WITHIN THOSE RESPECTIVE LIMITS. A SUM EQUAL TO 20% OF THE TOTAL AMOUNT OF THE GRANT IS RETAINED BY THE FOUNDATION UNTIL COMPLETION OF THE GRANTEE'S OBLIGATIONS UNDER THE GRANT, INCLUDING THE SUBMISSION TO THE FOUNDATION OF A FINAL REPORT ON THE FUNDED PROJECT AND SATISFACTION OF ANY REMAINING CONDITIONS TO RELEASE OF FUNDS. THE PRESIDENT OF THE FOUNDATION HAS THE AUTHORITY TO MODIFY THIS RELEASE SCHEDULE. GRANTEES MAY USE FUNDS ONLY FOR ITEMS IDENTIFIED IN THE PROJECT'S APPROVED BUDGET. SHOULD THE GRANTEE SEEK TO SPEND FUNDS ON A ITEM NOT INCLUDED IN THE BUDGET OR IN AN AMOUNT IN EXCESS OF THE APPROVED BUDGET AMOUNT, THE GRANTEE MUST RECEIVE APPROVAL OF A BUDGET MODIFICATION. IN NO EVENT MAY A GRANTEE SPEND GOLDEN LEAF FUNDS IN EXCESS OF THE AMOUNT AWARDED BY THE GOLDEN LEAF BOARD. GRANTEES MUST SUBMIT INTERIM REPORTS IN SIX MONTH INCREMENTS BEGINNING SIX MONTHS AFTER THE AWARD DATE AND A FINAL REPORT WITHIN 60 DAYS AFTER COMPLETION OF THE PROJECT, THOUGH THIS SCHEDULE MAY BE ADJUSTED IF APPROPRIATE FOR A PROJECT. IN SOME CASES, GRANTEES ARE ALSO REQUIRED TO SUBMIT REPORTS AFTER THE CONCLUSION OF THE PROJECT TO DOCUMENT ONGOING ACTIVITIES AND OUTCOMES. THE REPORTS INCLUDE INFORMATION REGARDING THE WORK ACCOMPLISHED COMPARED TO AN APPROVED LIST OF ACTIVITIES, REPORTED OUTCOMES OF THE PROJECT COMPARED TO APPROVED PROJECTED OUTCOMES, AND EXPENDITURE REPORTS. USING A SAMPLING PROCESS, THE FOUNDATION VERIFIES REPORTED ACTIVITIES, OUTCOMES, AND EXPENDITURES BY REVIEWING SUPPORTING DOCUMENTATION. FOUNDATION STAFF ALSO CONDUCTS SITE VISITS FOR SOME OF THE PROJECTS. THE GRANT MONITORING PROCESS IS RISK ADJUSTED, WITH SOME GRANTEES, SUCH AS THOSE WITH LESS GRANTS MANAGEMENT EXPERIENCE AND CAPACITY, RECEIVING MORE INTENSIVE MONITORING. SCHEDULE I, PART II, COLUMN H, PURPOSE OF GRANT OR ASSISTANCE: 1. FOOD DISTRIBUTION ASSISTANCE PROGRAM 2. ACC VETERINARY MEDICAL TECHNICIAN PROGRAM 3. FOOD DISTRIBUTION ASSISTANCE PROGRAM 4. START-UP SUPPORT FOR A NEW OCCUPATIONAL THERAPY TRAINING PROGRAM 5. FOOD DISTRIBUTION ASSISTANCE PROGRAM 6. FOOD DISTRIBUTION ASSISTANCE PROGRAM 7. PROJECT SPARK & BBAI AVIATION INCUBATOR 2 8. FOOD DISTRIBUTION ASSISTANCE PROGRAM 9. FOOD DISTRIBUTION ASSISTANCE PROGRAM 10. WASHINGTON AVENUE WORKFORCE HOUSING 11. FOOD DISTRIBUTION ASSISTANCE PROGRAM 12. GREAT MEADOWS SITE 13. PILOT EXPANDING THE WELDING PATHWAYS AT CROATAN HIGH SCHOOL 14. INDUSTRIAL PARK - DUE DILIGENCE 15. BREVARD TIMES ARCADE ALLEY FLOOD MITIGATION 16. CITY OF DUNN GOLDEN LEAF FLOOD MITIGATION PROJECT 17. BELT STREET DRAINAGE IMPROVEMENTS 18. DAWSON CANAL AND OUTFALL RESTORATION PROJECT 19. BLOUNTS CREEK STREAM ENHANCEMENT DETAILED DESIGN AND CONSTRUCTION & BLOUNTS CREEK STREAM ENHANCEMENT CONCEPTUAL DESIGN 20. DUHARTS CREEK STREAM RESTORATION AND STORMWATER IMPROVEMENT & APPLE CREEK CORPORATE PARK SEWER IMPROVEMENTS 21. LOWER MUD CREEK FLOOD RISK REDUCTION - PHASE 2 22. FAIRGROVE BUSINESS PARK ACCESS ROAD 23. CITY OF LUMBERTON - FIRST FLOOD MITIGATION 24. WESTWOOD INDUSTRIAL PARK SITE DEVELOPMENT 25. ELIZABETH AVENUE DRAINAGE IMPROVEMENTS 26. KINGSBOROUGH ESTATES STORMWATER FLOOD MITIGATION DESIGN 27. SANFORD-PITTSBORO SEWER FORCE MAIN AND OTHER UTILITIES IMPROVEMENTS PROJECT 28. CITY OF SOUTHPORT STORMWATER MAPPING & PLANNING 29. SUNNINGDALE LANE CULVERT PROJECT 30. PHASE 3 STORMWATER IMPROVEMENTS 31. COMMUNITY-DRIVEN FLOOD MITIGATION FOR UNDERSERVED COMMUNITIES IN WILSON, NC 32. FOOD DISTRIBUTION ASSISTANCE PROGRAM 33. FIELD CROP SUSTAINABILITY INITIATIVE 34. ASHE COUNTY - SHELL BUILDING 35. HWY 74/76 INDUSTRIAL PARKS WATER TANK PROJECT 36. FOOTHILLS REGIONAL AIRPORT INDUSTRIAL PARK DUE DILIGENCE 37. PROJECT BUILD & SOUTHEAST REGIONAL PARK SITE DEVELOPMENT 38. PROJECT NEXT 39. FRANKLIN COUNTY, TRIANGLE NORTH FRANKLIN, SHELL BUILDING 40. GREENE COUNTY SITE IDENTIFICATION 41. HALIFAX COUNTY INDUSTRIAL SHELL BUILDING 42. WBIC PHASE II FUNDING 43. NORTHAMPTON COUNTY COMMERCE PARK 44. FOOD, FARM, AND FAMILY AGRICULTURAL CENTER & JK88-ROAD IMPROVEMENTS 45. ROBESON COUNTY SHELL PROJECT 46. ROCKINGHAM COUNTY LIVESTOCK MARKETING AND EDUCATION COMPLEX 47. HWY 1 INDUSTRIAL PARCELS DUE DILIGENCE 48. REGIONAL TRAINING AND DISTRIBUTION CENTER FOR EMERGENCY RESPONSE AND PUBLIC HEALTH 49. DCHS ADVANCED MANUFACTURING LAB 50. EDENTON CHOWAN AIRPORT INDUSTRIAL PARK 51. FARMER FOODSHARE: POST-PANDEMIC FOOD HUB PROGRAM REVITALIZATION, DIVERSIFICATION & EXPANSION PROJECT 52. REGIONAL SUPPLY CHAIN TRANSPORT COMPLEX 53. FOOD DISTRIBUTION ASSISTANCE PROGRAM 54. FOOD DISTRIBUTION ASSISTANCE PROGRAM 55. EMERGENCY SERVICES SIMULATION LAB AND SOFTWARE 56. PROJECT GEN SUBSTATION 57. WORKFORCE CONTINUING EDUCATION (WCE) 58. PIPELINE BUILDING IN ADVANCED MANUFACTURING CERTIFICATIONS 59. EDGERTON INDUSTRIAL PARK SITE DEVELOPMENT - HARNETT COUNTY, NORTH CAROLINA 60. FOOD DISTRIBUTION ASSISTANCE PROGRAM 61. FOOD DISTRIBUTION ASSISTANCE PROGRAM 62. DIRECT SOURCING 63. MADISON COUNTY INDUSTRIAL SITE 64. FOOD DISTRIBUTION ASSISTANCE PROGRAM 65. EASTERN NORTH CAROLINA BROADBAND HERO PROJECT: HIGH-SPEED ECONOMIES FOR RURAL OPPORTUNITY 66. FOOD DISTRIBUTION ASSISTANCE PROGRAM 67. SCHOOL TO HEALTHCARE WORKFORCE PIPELINE 68. NC AG LEADS/STRATEGIC PLANNING PROCESS 69. GOLDEN LEAF COMMUNITY COLLEGES SCHOLARSHIP (2024-2025) 70. AG TECHNOLOGY AND RENTAL INNOVATION PROGRAM 71. Program Support 72. GOLDEN LEAF SCHOLARSHIP PROGRAM (2024-25) 73. AVIARY FACILITY FOR PULLET AND LAYER RESEARCH AND EXTENSION 74. IMPROVED ACCESS TO NURSING EDUCATION IN RURAL COMMUNITIES 75. STEELHOUSE 76. FOOD DISTRIBUTION ASSISTANCE PROGRAM 77. PIEDMONT COMMUNITY COLLEGE - PN PROGRAM 78. FOOD DISTRIBUTION ASSISTANCE PROGRAM 79. AULANDER DENTAL INTEGRATED CLINIC 80. LEVELUP ROCKINGHAM (FORMERLY ROCO WORKS) 81. RURAL INTERNSHIP INITIATIVE (2023-2024) 82. BUILDING 3 83. FOOD DISTRIBUTION ASSISTANCE PROGRAM 84. HIGH-FIDELITY SIMULATION MANIKINS TO ENHANCE NURSING CAPACITY 85. ACCELERATING THE FUTURE OF COLUMBUS COUNTY 86. EXPANDING DENTAL ACCESS IN WESTERN NC THROUGH DENTAL ASSISTANT EDUCATION 87. FOOD DISTRIBUTION ASSISTANCE PROGRAM 88. STUDENTS@WORK:TWIN-COUNTIES 89. SURRY-YADKIN FLEET 90. FOOD DISTRIBUTION ASSISTANCE PROGRAM 91. FOOD DISTRIBUTION ASSISTANCE PROGRAM 92. OCRACOKE SEAFOOD COMPANY BUSINESS EXPANSION 93. FOOD DISTRIBUTION ASSISTANCE PROGRAM 94. FOOD DISTRIBUTION ASSISTANCE PROGRAM 95. GREENBRIAR RD. FLOOD MITIGATION 96. BEULAVILLE STORMWATER 97. STORMWATER CULVERT EVALUATIONS 98. CROSSNORE CREEK AT DELLINGER ROAD CULVERT REPLACEMENT 99. JENNIES GUT DRAINAGE IMPROVEMENTS 100. FORESTDALE EAST 101. LAKE SANTEETLAH STORMWATER MANAGEMENT 102. HARNETT STREET STORMWATER IMPROVEMENTS 103. SOUTH MEMORIAL AVENUE DRAINAGE IMPROVEMENT PROJECT 104. CROWELL ST DUNE INFILTRATION SYSTEM PROJECT 105. FOURTH STREET STORM DRAINAGE IMPROVEMENTS 106. ROSE HILL STORMWATER 107. DOWNTOWN STORM WATER DESIGN 108. US 64A WATER LINE EXTENSION 109. SPRING LAKE FLASH FLOOD MITIGATION 110. TABOR CITY SHELL BUILDING 111. STORMWATER IMPROVEMENTS 112. BREHON STREET STORMWATER IMPROVEMENTS 113. LONG STREET & BACKSTREET STORMWATER INFRASTRUCTURE 114. TRI-COUNTY COMMUNITY COLLEGE TRANSPORTATION TRAINING HUB 115. SITE PROGRAM IDENTIFICATION 116. ADVANCING SIMULATION THROUGH VIRTUAL AND AUGMENTED REALITY 117. WILKES INDUSTRIAL PARK - LANES DRIVE 118. FOOD DISTRIBUTION ASSISTANCE PROGRAM 119. YCS LINKS X X X X false false false false false false false false false SCOTT T HAMILTON PRESIDENT/CEO 265318 0 20000 0 1188 0 28532 0 12646 0 327684 0 0 0 EDWARD P LORD SVP/GENERAL COUNSEL 192262 0 8000 0 414 0 20618 0 23919 0 245213 0 0 0 ERICA L SMITH VP OF FINANCE 152697 0 8000 0 270 0 16462 0 23753 0 201182 0 0 0 KASEY E GINSBERG VP/CHIEF OF STAFF 149873 0 8000 0 162 0 15787 0 12432 0 186254 0 0 0 JONATHAN P BOYD VP OF INVESTMENTS 140139 0 1500 0 162 0 14299 0 12372 0 168472 0 0 0 TERRI ADOU-DY ENDED 062024 DIR OF PROGRAMS/PROGRAMS ADMIN 125115 0 3000 0 1188 0 12811 0 20649 0 162763 0 0 0 APPROVAL OF GOVERNING BODY DECISIONS - 990, PART VI, LINE 6, 7A: THE FOUNDATION IS GOVERNED BY A BOARD OF DIRECTORS COMPRISED OF FIFTEEN DIRECTORS. FIVE DIRECTORS ARE APPOINTED BY THE GOVERNOR OF THE STATE OF NORTH CAROLINA. FIVE DIRECTORS ARE APPOINTED BY THE PRESIDENT PRO TEMPORE OF THE NORTH CAROLINA SENATE. FIVE DIRECTORS ARE APPOINTED BY THE SPEAKER OF THE NORTH CAROLINA HOUSE OF REPRESENTATIVES. DISPOSAL OF ASSETS - FORM 990, PART VI, LINE 7B: THE FOUNDATION MAY NOT DISPOSE OF ASSETS PURSUANT TO THE PROVISIONS OF SECTION 55A-12-02 OF THE NORTH CAROLINA GENERAL STATUTES WITHOUT THE APPROVAL OF THE NORTH CAROLINA GENERAL ASSEMBLY. THE FOUNDATION SHALL CONSULT WITH THE JOINT LEGISLATIVE COMMISSION ON GOVERNMENTAL OPERATIONS PRIOR TO SUBMITTING ARTICLES OF AMENDMENT TO THE SECRETARY OF STATE. FORM 990 REVIEW PROCESS - FORM 990, PART VI, LINE 11B: A COPY OF THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS. THE AUDIT COMMITTEE OF THE BOARD AND THE BOARD REVIEWED THE FORM 990 AND AUTHORIZED STAFF TO FILE. CONFLICTS OF INTEREST - FORM 990, PART VI, LINE 12C: THE FOUNDATION'S BOARD OF DIRECTORS AND COMMITTEES MEET APPROXIMATELY SIX TIMES PER YEAR. AT EACH SUCH MEETING, OR GROUP OF MEETINGS, DIRECTORS ARE ASKED TO CONFIRM THEIR DISCLOSURE OR MAKE ANY NEW DISCLOSURES. WHEN A DIRECTOR DISCLOSES AN INTEREST IN A PROPOSED TRANSACTION, THE DIRECTOR DOES NOT PARTICIPATE IN THE DISCUSSION CONCERNING, OR THE VOTE UPON, THE PROPOSED TRANSACTION. DETERMINING COMPENSATION - FORM 990, PART VI, LINE 15: THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED SALARY AND BENEFIT INFORMATION FOR POSITIONS COMPARABLE TO THE PRESIDENT AT OTHER NORTH CAROLINA FOUNDATIONS AND ENDOWMENTS AND REVIEWED THE RESULTS OF A SALARY STUDY OF NONPROFIT SALARIES PRIOR TO MAKING A RECOMMENDATION TO THE BOARD REGARDING THE PRESIDENT'S SALARY AND BENEFITS. THE BOARD APPROVED THE SALARY AND BENEFITS OF THE PRESIDENT. AVAILABILITY OF OTHER DOCUMENTS - FORM 990, PART VI, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. CHANGES IN NET ASSETS - FORM 990, PART XI, LINE 9: CANCELLED GRANTS $6,673,846 OVERSIGHT/SELECTION PROCESS - FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. REQUIRED AUDIT - FORM 990, PART XII, LINE 3B: THE FOUNDATION'S SINGLE AUDIT IS DUE BY MARCH 31, 2025 AND WILL BE COMPLETED BY THE DUE DATE.