2025-05-12T10:40:15-05:00 2024-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 1029 GREENE STREET AUGUSTA GA 30901 990 2023-07-01 352310573 AUGUSTA UNIVERSITY REAL ESTATE FOUNDATION INC AUGU 7067213430 1120 15TH ST -HS - 3200 AUGUSTA GA 30912 STEPHEN WERTZ CEO 7067213430 2025-05-09 1 1 ELIZABETH MORRISON P00231389 7067243557 2023 2025-03-06 01:10:19Z STEPHEN WERTZ 1120 15TH ST -HS - 3200 AUGUSTA GA 30912 1867238 0 X N/A X 2008 GA AUGUSTA UNIVERSITY REAL ESTATE FOUNDATION, INC. (THE "FOUNDATION") IS ORGANIZED AND OPERATED FOR THE PURPOSE OF MANAGING REAL PROPERTY GIFTS AND OTHER REAL ESTATE INVESTMENTS TO SUPPORT THE EDUCATIONAL PURPOSES OF AUGUSTA UNIVERSITY. 7 5 0 0 0 0 0 1541010 0 0 265124 313844 12300 12300 277424 1867154 0 0 0 0 0 0 0 0 0 90703 207651 90703 207651 186721 1659503 2605004 49129944 8545 44872575 2596459 4257369 AUGUSTA UNIVERSITY REAL ESTATE FOUNDATION, INC. 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THE NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING THOSE FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. THE ENDOWMENT FUNDS WERE TRANSFERRED TO AUGUSTA UNIVERSITY FOUNDATION IN THE PRIOR PERIOD AND NO OVERSIGHT IS REQUIRED BY THE FILING ORGANIZATION. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS FURTHER CLASSIFIED AS A PUBLIC CHARITY UNDER SECTION 170(B)(1)(A)(IV). THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAX ON UNRELATED BUSINESS INCOME. THE FOUNDATION HAS EVALUATED THE EFFECT OF U.S. GAAP ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THE FOUNDATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE CONSOLIDATED FINANCIAL STATEMENTS AND DETERMINED THE FOUNDATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2024 OR 2023. 0 1 0 0 0 0 0 0 0 DR BROOKS KEEL EX-OFFICIO - VOTING 0 859398 0 1000 0 43300 0 330492 0 13466 0 1247656 0 0 MS YVONNE TURNER EX-OFFICIO - VOTING 0 410649 0 1200 0 0 0 124775 0 6712 0 543336 0 0 DR RUSSELL KEEN EX-OFFICIO - NON-VOTING 0 405785 0 1000 0 7700 0 62386 0 18121 0 494992 0 0 RONALD BOOTH EX-OFFICIO - NON-VOTING 0 267629 0 1000 0 0 0 54258 0 6350 0 329237 0 0 MR BRANDON MCCRAY EX-OFFICIO - NON-VOTING 0 269300 0 1000 0 0 0 25502 0 10951 0 306753 0 0 MR STEPHEN WERTZ EX-OFFICIO - NON-VOTING 0 193740 0 1000 0 10307 0 19364 0 6712 0 231123 0 0 PART I, LINE 4B THE COMPENSATION REPORTED IN SCHEDULE J, PART II COLUMN C INCLUDES DEFERRED COMPENSATION PAID BY AUGUSTA UNIVERSITY AS PART OF A 457(F) DEFERRED COMPENSATION PLAN. ALL FULL TIME EMPLOYEES CAN PARTICIPATE IN THE DEFERRED COMPENSATION PLAN. A DEVELOPMENT AUTHORITY OF AUGUSTA GEORGIA 521309430 05115CBP8 2023-10-26 20227603 THE BONDS WERE ISSUED TO CONSTRUCT A PARKING DECK. 0 0 0 A 20227603 1891244 397046 17939313 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 X EQUIPMENT, SUPPLIES AND OTHER ITEMS FOR CERTAIN EVENTS AND PROJECTS 1 1541010 COST 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B AUGUSTA UNIVERSITY REAL ESTATE FOUNDATION, INC. PROVIDED THE FEDERAL FORM 990 TO THE BOARD OF TRUSTEES FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, EACH MEMBER OF THE BOARD AND EACH PRINCIPAL OFFICER IS REQUIRED TO SIGN A STATEMENT THAT AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY AND UNDERSTANDS THE FOUNDATION IS CHARITABLE AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. IN ADDITION, PERIODIC REVIEWS ARE CONDUCTED THAT ENSURE THE REASONABLENESS OF COMPENSATION AND BENEFITS AND ARE AT ARM'S LENGTH. ANY PARTNERSHIPS, JOINT VENTURES, OR ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS AND OUTSIDE EXPERTS ARE REVIEWED TO ENSURE THEY ARE PROPERLY RECORDED, CONFORM TO THE FOUNDATION'S WRITTEN POLICIES, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR AN EXCESS BENEFIT TRANSACTION. ANY DIRECTOR OR OFFICER SHALL DECLARE HIMSELF/HERSELF AS "ABSTAINING" FROM VOTING ON ANY MATTER IN WHICH SAID DIRECTOR OR OFFICER MAY BE CONSIDERED TO HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. AU JAGUAR FACILITIES DEVELOPMENT LLC 1120 15TH ST - AD - 1104 AUGUSTA GA 30912 352310573 TO MANAGE PARKING FACILITIES AND OTHER REAL PROPERTY FOR USE AU STUDENTS. GA 1855332 46611064 AUGUSTA UNIVERSITY REAL ESTATE FOUNDATION INC AUGUSTA UNIVERSITY 1120 15TH ST -HS - 3200 AUGUSTA GA 30912 586002053 EDUCATION GA 115(1) N/A 0 AU MEDICAL CENTER INC (AUMC) 1120 15TH ST -HS - 3200 AUGUSTA GA 30912 582144788 CLINICAL CARE GA 501(C)(3) 170(B)(1) (A)(IV) N/A 0 0 1 1 0 1 0 0 0 0 1 0 0 0 1 1 1 0 1 1 AUGUSTA UNIVERSITY C 257995 AUDITED FINANCIAL REPORT AUGUSTA UNIVERSITY C 1541010 AUDITED FINANCIAL REPORT AUGUSTA UNIVERSITY J 12300 AUDITED FINANCIAL REPORT AUGUSTA UNIVERSITY O 257995 AUDITED FINANCIAL REPORT AUGUSTA UNIVERSITY C 16958990 AUDITED FINANCIAL REPORT