2025-04-30T16:17:50-05:00 2023-12-31 581673613 BENNETT THRASHER LLP 3300 RIVERWOOD PARKWAY 700 ATLANTA GA 30339 990 2023-01-01 203798084 THE SHUMARD FOUNDATION INC C/O DOUGLAS W DUNCAN ESQ SHUM 4042622000 3715 NORTHSIDE PKWY NW BLDG 300 6 ATLANTA GA 30327 CURTIS L SHUMARD PRESIDENT 4042622000 2025-04-30 1 1 TOWNSELL G MARSHALL III P00358404 7703962200 2025-04-22 2023 2025-03-06 01:10:19Z CURTIS L SHUMARD 3520 PIEDMONT ROAD NE STE 200 ATLANTA GA 30305 3162636 0 X N/A X 2005 GA TO PROVIDE FINANCIAL SUPPORT TO OR FOR THE BENEFIT OF THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY. 9 9 0 0 0 0 30600 1012450 0 0 3494670 2148893 600 1293 3525870 3162636 1526398 2124104 0 0 0 0 0 0 0 62170 147842 1588568 2271946 1937302 890690 20807666 20698371 0 0 20807666 20698371 THE SHUMARD FOUNDATION, INC. SUPPORTS CHARITIES THAT ARE 501(C)(3) ORGANIZATIONS AND ARE QUALIFIED TO BE SUPPORTED BY THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY. 0 0 2124104 2124104 THE SHUMARD FOUNDATION, INC. SUPPORTS CHARITIES THAT ARE 501(C)(3) ORGANIZATIONS AND ARE QUALIFIED TO BE SUPPORTED BY THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY. SEE SCHEDULE I FOR A DETAILED LIST OF GRANTS TO QUALIFIED CHARITIES. 2124104 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 GA X MENDIE HOGAN 4043106178 45 TECHNOLOGY PARKWAY SUITE 205 PEACHTREE CORNERS GA 30092 WILLIAM J LONG TRUSTEE/TREASURER 3.00 X X 0 0 0 JOEL REED TRUSTEE 0.50 X 0 0 0 DALE ARMSTRONG TRUSTEE 0.50 39.50 X 0 215933 30333 GARY LONG TRUSTEE 0.50 X 0 0 0 CURTIS L SHUMARD TRUSTEE/ PRESIDENT 5.00 X X 0 0 0 KENNETH M SHUMARD JR TRUSTEE/ SECRETARY 3.00 X X 0 0 0 THERESA LONG TRUSTEE 0.50 X 0 0 0 JULIE S POTTS TRUSTEE 0.50 X 0 0 0 ROBERT B SHUMARD TRUSTEE 0.50 X 0 0 0 0 215933 30333 0 0 1 0 0 1012450 1012450 2148893 2148893 OTHER INCOME 900099 1293 1293 1293 3162636 0 0 2150186 2124104 2124104 7190 7190 7613 7613 400 400 BAD DEBT EXPENSE 132215 132215 BOARD MEETING EXPENSES 238 238 MISCELLANEOUS 144 144 BANK FEES 36 36 6 6 2271946 2124104 147842 0 88805 327223 9846225 9499010 10872636 10872138 20807666 20698371 0 0 X 0 0 0 0 20807666 20698371 20807666 20698371 20807666 20698371 X 890690 -999985 X X 0 1 X 0 0 X X X 1 SERVANT FOUNDATION INC DBA THE SIGNATRY 431890105 10 1 2046266 0 1 2046266 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, 12(G) COLUMN (V) AMOUNT OF MONETARY SUPPORT: $2,046,266 IS THE AMOUNT OF TOTAL GRANTS MADE TO 501(3)(C) ORGANIZATIONS SUPPORTED BY THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY, AND IS NOT DIRECT MONETARY SUPPORT TO THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN CREOLA II, INC. 9447945 INVESTMENT IN INNOVATION TECHNOLOGIES, INC. 1000000 INVESTMENT IN SCLC ONE, LLC 78383 INVESTMENT IN STARS WAY INVESTORS LLC 345810 10872138 X 3162636 0 3162636 0 3162636 2271945 0 2271945 0 2271945 PART X, LINE 2: THE FOUNDATION FOLLOWS FASB'S GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAX (ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), WHICH CREATES A SINGLE MODEL TO ADDRESS UNCERTAIN TAX POSITIONS AND CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING A "MORE LIKELY THAN NOT" MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. UNDER THE REQUIREMENTS, TAX-EXEMPT ORGANIZATIONS MAY BE REQUIRED TO RECORD AN OBLIGATION AS THE RESULT OF A TAX POSITION THEY HAVE HISTORICALLY TAKEN ON VARIOUS TAX EXPOSURE ITEMS. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO SHUMARD'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE FOUNDATION'S FINANCIAL STATEMENTS. AT DECEMBER 31, 2020, 2021, 2022, AND 2023 NO LIABILITIES WERE RECORDED FOR UNCERTAIN TAX POSITIONS. 1 CANCER RESEARCH INSTITUTE OF W TENNESSEE 114 EAST MAIN STREET HENDERSON TN 38340 650207764 501(C)(3) 12000 0 CASH GENERAL OPERATING FUND COMMUNITY ASSISTANCE CENTER 1130 HIGHTOWER TRAIL SANDY SPRINGS GA 30350 581825565 501(C)(3) 10000 0 CASH BACK PACK - SCHOOL SUPPLY PROGRAM COMMUNITY ASSISTANCE CENTER 1130 HIGHTOWER TRAIL SANDY SPRINGS GA 30350 581825565 501(C)(3) 25000 0 CASH HOLIDAY FOOD BOXES PROGRAM FAULKNER UNIVERSITY 5345 ATLANTA HIGHWAY MONTGOMERY AL 36109 630329409 501(C)(3) 14000 0 CASH SCHOLARSHIPS HARDING UNIVERSITY 915 E MARKET AVE BOX 12238 SEARCY AR 72149 710236896 501(C)(3) 26104 0 CASH SCHOLARSHIPS HEALTH TALENTS INTERNATIONAL PO BOX 8303 SEARCY AR 72145 630738632 501(C)(3) 15000 0 CASH 50TH ANNIVERSARY CELEBRATION SPONSORSHIP LIPSCOMB UNIVERSITY ONE UNIVERSITY PARK DRIVE NASHVILLE TN 37204 620485733 501(C)(3) 90000 0 CASH SCHOLARSHIPS LIPSCOMB UNIVERSITY ONE UNIVERSITY PARK DRIVE NASHVILLE TN 37204 620485733 501(C)(3) 1000000 0 CASH LIPSCOMB LEADS CAMPAIGN LUBBOCK CHRISTIAN UNIVERSITY 5601 19TH STREET LUBBOCK TX 79407 750950119 501(C)(3) 20000 0 CASH SCHOLARSHIPS NEIGHBORHOOD COOPERATIVE MINISTRY INC PO BOX 1489 NORCROSS GA 30091 581792414 501(C)(3) 8000 0 CASH HOLIDAY FOOD BOXES PROGRAM NORTH ATLANTA CHURCH OF CHRIST 5676 ROBERTS DRIVE ATLANTA GA 30338 581286505 501(C)(3) 28000 0 CASH NACC SCHOLARSHIP PROGRAM OKLAHOMA CHRISTIAN UNIVERSITY OCU BOX 11000 OKLAHOMA CITY OK 73136 730555460 501(C)(3) 12000 0 CASH SCHOLARSHIPS PEPPERDINE UNIVERSITY 24255 PACIFIC COAST HIGHWAY MALIBU CA 90263 951644037 501(C)(3) 10000 0 CASH SCHOLARSHIPS SERVANT FOUNDATION DBA THE SIGNATRY 7171 W 95TH STREET SUITE 501 OVERLAND PARK KS 66212 431890105 501(C)(3) 25000 0 CASH THE G3 SHUMARD GIVING FUND WEST DYERSBURG CHURCH OF CHRIST 820 HWY 51 BYPASS NORTH DYERSBURG TN 38024 621103322 501(C)(3) 12000 0 CASH SCHOLARSHIP SERVANT FOUNDATION DBA THE SIGNATRY 7171 W 95TH STREET STE 501 OVERLAND PARK KS 66212 431890105 501(C)(3) 719162 0 CASH THE SHUMARD FOUNDATION FUND 17 PART I, LINE 2: FOR EACH GRANT MADE BY THE ORGANIZATION, A GRANT LETTER IS INCLUDED WITH THE CHECK STATING THE PURPOSE OF THE GRANT AND REQUIRING THAT THE GRANT RECIPIENT SIGN AND RETURN THE LETTER AS CERTIFICATION THAT THE ORGANIZATION WILL USE THE FUNDS AS OUTLINED IN THE LETTER. 0 1 0 0 0 0 0 0 0 DALE ARMSTRONG TRUSTEE 0 0 0 0 0 215933 9200 0 21133 0 30333 215933 0 0 PART I, LINE 4B SIGNATRY DESIGNED DALE ARMSTRONG'S COMPENSATION FORM 990, PART VI, SECTION A, LINE 2 KEN AND BRENDA JOYCE SHUMARD WERE MARRIED. CURT SHUMARD IS THE NEPHEW OF KEN AND JOYCE SHUMARD AND THE COUSIN OF KEN SHUMARD, JR., JULIE S. POTTS AND ROBERT B. SHUMARD. WILLIAM LONG AND GARY LONG ARE FATHER AND SON. WILLIAM LONG IS THE FATHER-IN-LAW OF THERESA LONG. GARY LONG AND THERESA LONG ARE MARRIED. KEN SHUMARD, JR., JULIE S. POTTS AND ROBERT B. SHUMARD ARE SIBLINGS, THE COUSIN OF CURT SHUMARD, AND THE CHILDREN OF KEN AND JOYCE SHUMARD. FORM 990, PART VI, SECTION A, LINE 7A KENNETH M. SHUMARD AND BRENDA JOYCE SHUMARD, OR THE SURVIVOR OF THEM, APPOINT FOUR OF THE NINE BOARD MEMBERS. THE SERVANT FOUNDATION, INC DBA THE SIGNATRY APPOINTS FIVE OF THE NINE BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B N/A - THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS PROVIDED A COPY OF THE FORM 990 EITHER BY EMAIL OR, IF POSSIBLE, DURING A BOARD MEETING, ALLOWING TIME FOR REVIEW AND COMMENTS BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD OF TRUSTEES IS SMALL, WITH ONLY NINE MEMBERS. THE ORGANIZATION'S OFFICERS MAINTAIN FAMILIARITY WITH THE COMMUNITY STATUS AND BUSINESS ACTIVITIES AND INTERESTS OF THE TRUSTEES. THE ORGANIZATION IS A SUPPORTING ORGANIZATION FOR THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY, AND THAT ORGANIZATION APPOINTS A MAJORITY OF THE ORGANIZATION'S TRUSTEES. THE ORGANIZATION'S OFFICERS CONSULT WITH THE SERVANT FOUNDATION INC. DBA THE SIGNATRY AND THE ORGANIZATION'S LEGAL COUNSEL WHEN APPROPRIATE TO ENSURE THE ORGANIZATION'S COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS COPIES OF ITS EXEMPTION APPLICATION AND THREE MOST RECENT ANNUAL RETURNS AVAILABLE FOR INSPECTION AT ITS OFFICE. FORM 990, PART XI, LINE 9: INCOME ON RETURN NOT ON BOOKS -1,000,000. PRIOR PERIOD ADJUSTMENT 15. FORM 990, PART XII, LINE 1: THE INCOME STATEMENT AND BALANCE SHEET ARE REPORTED ON A TAX BASIS. FORM 990, PART XII, LINE 2B AND 2C: THE ORGANIZATION'S FINANCIAL STATEMENTS ARE INCLUDED IN THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY'S CONSOLIDATED ANNUAL AUDIT. THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY HAS A GOVERNANCE COMMITTEE RESPONSIBLE FOR OVERSIGHT. SERVANT FOUNDATION INC DBA THE SIGNATRY 7171 W 95TH STREET STE 501 OVERLAND PARK KS 66212 431890105 FACILIATES REVOLUTIONARY GENEROSITY BY PROVIDING GRANTS FOR NONPROFITS KS 501(C)(3) 170(B)(1)(A)(VI) N/A 0 CREOLA II INC 45 TECHNOLOGY PARKWAY S SUITE 205 PEACHTREE CORNERS GA 30092 460713559 INVESTMENT HOLDING COMPANY GA THE SHUMARD FOUNDATION C 12939989 1.00000 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CREOLA II INC D 8082282 CASH CREOLA II INC A 1000000 INTEREST RECEIVABLE CREOLA II INC D 790000 LOAN CREOLA II INC E 215000 LOAN REPAYMENT CREOLA II INC A 49500 LOAN INTEREST PART V, 1(D) AND 2, ITEM 1: THE ORGANIZATION HAS A PROMISSORY LINE OF CREDIT RECEIVABLE WITH NO STATED MAXIMUM, OUTSTANDING BALANCE: $8,082,282; DATED: OCTOBER 31, 2012; THE SHUMARD FOUNDATION, INC. AS LENDER, AND CREOLA II, INC. AS DEBTOR; PAYABLE ON DEMAND. ALL INVESTMENTS FUNDED BY THIS LINE OF CREDIT HAVE BEEN APPROVED BY THE BOARD. PART V, 1(D) AND 2, ITEM 3: ON AUGUST 1, 2022 THE BOARD APPROVED A LOAN OF $990,000 TO CREOLA II, INC. THE NOTE REQUIRES ANNUAL INSTALLMENTS OF ACCRUED INTEREST ONLY AND MATURES ON 8/1/2027, AT WHICH TIME ALL ACCRUED AND UNPAID INTEREST TOGETHER WITH ALL OF THE THEN OUTSTANDING PRINCIPAL ARE DUE.