2024-05-10T15:41:08-04:00 2023-06-30 561056216 MCCANNON ROGERS DRISCOLL & ASSOC LLP PO BOX 339 GASTONIA NC 280530339 990 2022-07-01 237079454 GASTON COLLEGE FOUNDATION GAST 7049226511 201 HIGHWAY 321 SOUTH BOX 4 DALLAS NC 28034 LUKE UPCHURCH EXECUTIVE DIRECTOR 7049226405 2024-05-06 true LUKE UPCHURCH 999009999 true KAREN M WALKER P02403110 7048670264 2024-05-10 X 2022 2023-04-26 12:10:37Z LUKE UPCHURCH 201 HIGHWAY 321 SOUTH BOX 4 DALLAS NC 28034 6013105 false X WWW.GASTONCOLLEGEFOUNDATION.ORG X 1968 NC THE MISSION OF GASTON COLLEGE FOUNDATION, INC. IS TO RAISE, INVEST, ADMINISTER AND DISBURSE FUNDS EXECLUSIVELY FOR CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES FOR THE BENEFIT OF GASTON COLLEGE. ANY GIFTS RECIEVED BY THE FOUNDATION ARE DIRECT NEEDS OF THE COLLEGE. 15 15 0 75 0 1213962 1006944 0 87278 639241 0 1301240 1646185 1396476 907143 0 0 0 132295 298255 647533 1694731 1554676 -393491 91509 12075685 12301595 14193 6292 12061492 12295303 X THE MISSION OF GASTON COLLEGE FOUNDATION, INC. IS TO RAISE, INVEST, ADMINISTER AND DISBURSE FUNDS EXECLUSIVELY FOR CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES FOR THE BENEFIT OF GASTON COLLEGE. ANY GIFTS RECIEVED BY THE FOUNDATION ARE DIRECT NEEDS OF THE COLLEGE. false false 320823 THE FOUNDATION PROVIDES GENERAL SUPPORT FOR EDUCATIONAL ENRICHMENT PROGRAMS AT GASTON COLLEGE INCLUDING SUPPORT FOR UNDERGRADUATE RESEARCH, HEALTH SCIENCE SIMULATION EQUIPMENT, FOOD BANK, ETC. 696458 696458 THE FOUNDATION PROVIDES FUNDING FOR SCHOLARSHIPS FOR GASTON COLLEGE STUDENTS AS WELL AS GRANTS FOR FACULTY. 257229 210685 THE FOUNDATION ACCEPTS GIFTS AND PROVIDES FUNDING FOR THE COLLEGE'S RADIO STATION WSGE 91.7 FM. 1274510 true true false false false false false false false true true false false false false true true true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 12 0 true 0 false false false false false true true false true true false false false false false X 15 15 false false false false false true false true true false false true true true true true true false false false NC X X SHELLY ALMAN 7049226511 201 HIGHWAY 321 SOUTH BOX 4 DALLAS NC 28034 DR JOHN HAUSER SECRETARY 0.50 40.00 X 0 281908 8859 SHELLY ALMAN VP OF FINANC 0.50 40.00 X 0 120801 14531 LUKE UPCHURCH EXECUTIVE DI 10.00 30.00 X 0 87407 8062 JALAL JOHN AZAR DIRECTOR 0.30 0.00 X 0 0 0 NAZRUL CHOWDHURY DIRECTOR 0.30 0.00 X 0 0 0 JOHN DANCOFF DIRECTOR, GC 0.30 0.00 X X 0 0 0 TIM EFIRD VICE PRESIDE 0.50 0.00 X X 0 0 0 CHRIS ELMORE DIRECTOR 0.30 0.00 X 0 0 0 MARTY HALLMAN DIRECTOR 0.30 0.00 X 0 0 0 IRIS HOPPER DIRECTOR 0.30 0.00 X 0 0 0 JOHN S LOWERY JR PRESIDENT 0.50 0.00 X X 0 0 0 DAVID LEE DIRECTOR 0.30 0.00 X 0 0 0 JOAN MARTIN DIRECTOR 0.30 0.00 X 0 0 0 CHAD MELVIN TREASURER 0.50 0.00 X X 0 0 0 ROB PEARSON DIRECTOR 0.30 0.00 X 0 0 0 ROSALIND WELDER DIRECTOR 0.30 0.00 X 0 0 0 JOHNATHAN WILLIAMS DIRECTOR 0.30 0.00 X 0 0 0 MARTIN EADDY DIRECTOR 0.30 0.00 X 0 0 0 490116 31452 false true false 1006944 8110 1006944 332357 332357 4673804 4366920 306884 306884 306884 1646185 639241 X 907143 907143 11347 11347 37696 37696 216936 216936 1281 1281 53744 53744 42325 42325 OTHER EXPENSES 149015 50187 98828 RECEPTIONS 116700 116700 RECOGNITION 9898 9898 SUPPLIES AND SERVICES 8591 2894 5697 1554676 1274510 147871 132295 1436016 784297 1472670 810661 4757 14108 200114 200114 9116927 10444474 45315 47941 12075685 12301595 14193 6292 14193 6292 X 2954476 3205198 9107016 9090105 12061492 12295303 12075685 12301595 91509 142302 X false true X true false X 1089668 903725 2917494 1213962 1006944 7131793 1089668 903725 2917494 1213962 1006944 7131793 279591 6852202 294209 293951 271532 1045 332357 1193094 8324887 0.82310 0.86300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5944908 108421 5927 6059255 5799149 143145 2614 5944908 5724699 71725 2725 5799149 5513586 206725 4388 5724699 5336610 176899 77 5513586 0.31000 0.69000 false false 200114 200114 200114 X 1750791 142302 142302 1608489 37696 37696 1646185 1516980 1516980 37696 37696 1554676 SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). IN ACCORDANCE WITH IRC REGAULATIONS, THE FOUNDATION IS TAXED ON UNRELATED BUSINESS INCOME WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF THE FOUNDATION. THE FOUNDATION ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN THE FOUNDATION BELIEVES THAT THEY ARE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS EVALUATED ALL OF ITS TAX POSITIONS AND DETERMINED THAT IT HAD NO UNCERTAIN INCOME TAX POSITIONS AS OF JUNE 30,2023 . MANAGEMENT BELIEVES THAT THE FOUNDATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX EXEMPT ORGANIZATION AND IS NOT SUBJECT TO TAX. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. true GASTON COLLEGE 201 HIGHWAY 321 SOUTH DALLAS NC 28034 560792292 170C1 696458 SCHOLARSHIPS GASTON COLLEGE 201 HIGHWAY 321 SOUTH DALLAS NC 28034 560792252 170C1 210685 WSGE SALARIES 1 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANT APPLICATION ARE RECIEVED BY THE FOUNDATION ON AN ANNUAL BASIS AND APPROVED BY THE FOUNDATION BOARD OF DIRECTORS AT THEIR JULY MEETING. ANY EXPENDITURES RELATED TO GRANTS GIVEN REQUIRE APPROVAL BY THE FOUNDATION PRIOR TO PAYMENT. FOR SOME GRANTS, A FINAL REPORT IS REQUESTED TO DETAIL PROJECT EXPENSES AND OUTCOMES AT THE END OF THE GRANT PERIOD. false false false false false false false false false DR JOHN HAUSER SECRETARY 281908 8859 290767 FORM 990 - ORGANIZATION'S MISSION THE MISSION OF GASTON COLLEGE FOUNDATION, INC. IS TO RAISE, INVEST, ADMINISTER AND DISBURSE FUNDS EXECLUSIVELY FOR CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES FOR THE BENEFIT OF GASTON COLLEGE. ANY GIFTS RECIEVED BY THE FOUNDATION ARE DIRECT NEEDS OF THE COLLEGE. FORM 990, PAGE 6, PART VI, LINE 7A THE GASTON COLLEGE BOARD OF TRUSTEES SHALL ELECT THE DIRECTORS OF THE FOUNDATION. THE BOARD OF DIRECTORS OF THE FOUNDATION MAY FROM TIME TO TIME MAKE RECOMMENDATIONS TO THE GASTON COLLEGE BOARD OF TRUSTEES FOR SUCH DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS DISTRIBUTED TO THE FOUNDATION BOARD OF FOR REVIEW IMMEDIATELY FOLLOWING ITS COMPLETION, AT THE MEETING WHEN POSSIBLE OR VIA EMAIL, IF NEEDED. FORM 990, PAGE 6, PART VI, LINE 12C AT THE BEGINNING OF EACH BOARD MEETING, THE CONFLICT OF INTEREST STATEMENT IS READ ALOUD AND EACH MEMBER MUST ATTEST THAT WHERE IS NO BUSINESS ITEM ON THE AGENDA WITH WHICH THEY HAVE A CONFLICT. IF A BOARD MEMBER INDICATES THERE IS A CONFLICT, THE MEMBER IS ASKED TO RECUSE THEMSELF FROM ANY DISCUSSION OR VOTE ON THE ITEM. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST AND VIA THE FOUNDATION WEBSITE. FORM 990, PART IX, LINE 11G ARCHITECT AND CONSTRUCTION FE 216,936 0 0 GASTON COLLEGE 201 HIGHWAY 321 SOUTH DALLAS NC 28034 560792292 EDUCATION NC 170C1 N/A false false true false false false false false false false false false false false true true true true true false