2024-11-15T21:16:00-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990PF 2023-01-01 464265864 EDUCATION PRINCIPLE FOUNDATION F/K/A THE COLBECK FOUNDATION COLB 2126032818 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 ROBIN VAN BOKHORST MANAGER 2126032818 2024-11-15 1 0 GARRETT M HIGGINS P00543209 9143818900 2024-11-14 2023 2024-10-15 13:58:12Z X 18016999 X X 0 0 0 0 0 0 16500 0 16500 816 0 816 186 0 186 17502 0 17502 0 0 17502 0 17502 -17502 0 37265 16998 16998 16523177 18000001 18000001 16560442 18016999 18016999 18000000 0 18000000 X 16560442 16999 16560442 16999 16560442 18016999 16560442 -17502 9575000 26117940 26100941 16999 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 NY 1 0 0 1 0 1 N/A FLORENCE TATE 2126032818 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ROBIN VAN BOKHORST 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 PRESIDENT 0.25 0 0 0 JOHN J DAGOSTINO 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 TREASURER 0.25 0 0 0 ANDREW FLORIN SMITH 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 SECRETARY 0.25 0 0 0 JOHN PAPP 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 BOARD MEMBER 0.25 0 0 0 KATHLEEN FARLEY 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 BOARD MEMBER 0.25 0 0 0 MIKE COLEGROVE 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 BOARD MEMBER 0.25 0 0 0 MIKE KENDRICK 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 BOARD MEMBER 0.25 0 0 0 STEVEN YOHO 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 BOARD MEMBER 0.25 0 0 0 GERALD FRANCESE 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 BOARD MEMBER 0.25 0 0 0 ANDREW MONTGOMERY 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 BOARD MEMBER 0.25 0 0 0 JOSH NABATIAN 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 BOARD MEMBER 0.25 0 0 0 CLAUDE BROWN 57 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 BOARD MEMBER 0.25 0 0 0 NONE 0 NONE 0 0 0 22219 0 22219 0 0 22219 333 21886 1094 1094 0 1094 0 1094 0 1094 17502 0 17502 1094 0 0 6159637 11953 31233 18185 6221008 17502 0 0 0 1094 16408 0 0 6237416 0 0 0 0 0 0 0 6237416 6159637 11953 31233 18185 16408 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 16500 0 16500 0 0 0 SOUTH UNIVERSITY - MEMBER INC 709 MALL BLVD SAVANNAH GA 31406 THE MEMBERSHIP INTEREST IN THE SOUTH UNIVERSITY, LLC WAS TRANSFERED TO A NEW 501(C)3, SOUTH UNIVERSITY - MEMBER, INC. 11253000 DURING THE YEAR THE ORGANIZATION HAD A SUBSTANTIAL CONTRACTION OF ITS ASSETS. THE MEMBERSHIP INTEREST IN SOUTH UNIVERSITY WAS TRANSFERED FROM THE ORGANIZATION TO A NEW 501C3 NONPROFIT ORGANIZATION, SOUTH UNIVERSITY - MEMBER INC. ("SUM"). SUM IS LOCATED AT 709 MALL BLVD, SAVANNAH, GA 31406. THE ORGANIZATION RESCUED, REHABILITATED AND POSITIONED SOUTH UNIVERSITY TO THRIVE IN THE CURRENT HIGHER EDUCATION FIELD. THE ORGANIZATION'S BOARD VOTED TO APPROVE THIS TRANSACTION AND THE DEPARTMENT OF EDUCATION WAS INVOLVED TO ASSURE THE TRANSACTION WAS DONE AT THE APPRAISED VALUE AND AT ARMS LENGTH. THE TRANSACTION TOOK PLACE ON JULY 14, 2023. INVESTMENT IN SUBSIDIARY 16523177 1 1 DUE FROM AFFILIATE 18000000 18000000 DECREASE IN THE INTEREST IN THE NET ASSETS OF ART INSTITUTES 14847941 TRANSFER OF INTEREST IN SOUTH UNIVERSITY 11253000 INTERNET SERVICES 186 0 186 INCREASE IN THE INTEREST IN THE NET ASSETS OF ASSETS OF SOUTH UNIVERSTIY 9575000