2025-05-15T08:27:03-05:00 2024-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2023-07-01 586056464 UNIVERSITY OF WEST GEORGIA FOUNDATION INC UNIV 6788396447 1903 MAPLE STREET CARROLLTON GA 30118 ALLYSON BRETCH VP, CEO 6788396447 2025-05-10 1 1 MELISSA SEWARD P02145103 7709558600 2025-05-10 2023 2025-03-06 01:10:19Z GARY KINARD 1903 MAPLE STREET CARROLLTON GA 30118 7433899 0 X WESTGA.EDU/GIVE/ABOUT-UWG-FOUNDATION.PHP X 1967 GA THE UNIVERSITY OF WEST GEORGIA FOUNDATION, INC. AND SUBSIDIARIES HAVE THE FOLLOWING PROGRAM MISSIONS:1 - STUDENT SCHOLARSHIPS AND SUPPORT2 - PROGRAMMATIC AND INSTITUTIONAL SUPPORT3 - STUDENT HOUSING SUPPORT 25 25 13 54 0 0 14059888 2927787 2215043 1814750 1278455 2255994 1238066 217385 18791452 7215916 6844471 4591893 0 0 0 0 0 0 224271 1709174 1523024 8553645 6114917 10237807 1100999 98571399 98987761 35147875 30912365 63423524 68075396 IT IS THE MISSION OF THE UNIVERSITY OF WEST GEORGIA FOUNDATION, INC. TO SUPPORT THE UNIVERSITY OF WEST GEORGIA IN ITS MISSION TO PROVIDE EXCELLENT HIGHER EDUCATION TO IT CONSTITUENCIES. 0 0 2370860 1553612 1672006 THE UNIVERSITY OF WEST GEORGIA FOUNDATION PROVIDES STUDENT HOUSING ON CAMPUS FOR UNIVERSITY OF WEST GEORGIA STUDENTS. 1997250 1997250 THE UNIVERSITY OF WEST GEORGIA FOUNDATION RAISES PHILANTHROPIC DOLLARS TO FUND MERIT AND/OR NEEDS-BASED SCHOLARSHIPS FOR UNIVERSITY OF WEST GEORGIA STUDENTS AS WELL AS NUMEROUS DEPARTMENTAL, SCHOLASTIC AWARDS. 1041031 1041031 142744 THE UNIVERSITY OF WEST GEORGIA FOUNDATION RAISES PHILANTHROPIC DOLLARS TO FUND DEPARTMENTAL, PROGRAMMATIC AND INSTITUTIONAL SUPPORT AT THE UNIVERSITY OF WEST GEORGIA. 5409141 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 X 101 0 1 13 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 GA AR AK CA CO IL ME MD NH NY OH X X THE ORGANIZATION 6788394161 1903 MAPLE STREET CARROLLTON GA 30118 DR MEREDITH BRUNEN CEO 2.00 X 43304 0 7371 HOLLY SAILERS CFO UWG FOUNDATIONS (TO JULY 2023) 16.00 X 22050 0 6667 MR GARY KINARD TRUSTEE/VICE CHAIR 0.20 X X 0 0 0 MS ANN NEWMAN TRUSTEE/PAST CHAIR 0.20 X X 0 0 0 MS HONEY SHACKLEFORD TRUSTEE/SECRETARY 0.10 X X 0 0 0 MR DAVID R EDWARDS INVFIN COM CH TRUSTEE/TREASURER 0.20 X X 0 0 0 MR JOSH CHAPMAN TRUSTEE 0.20 X 0 0 0 MR BRUCE BOBICK TRUSTEE 0.10 X 0 0 0 MS TONYA BYRD BDC CHAIR TRUSTEE 0.10 X 0 0 0 MR BRIAN DILL TRUSTEE 0.10 X 0 0 0 MR DAVID B DENNIS TRUSTEE 0.10 X 0 0 0 DR RICHARD INGLE TRUSTEE 0.10 X 0 0 0 MRS VICKI KAISER TRUSTEE 0.10 X 0 0 0 MR SCOTT KAUFFMAN REF CH TRUSTEE 0.20 X 0 0 0 MR GERALD KEMP TRUSTEE 0.10 X 0 0 0 MRS AMANDA LUCEY TRUSTEE 0.10 X 0 0 0 MR JOHN PAULK III TRUSTEE 0.10 X 0 0 0 MS CHRISTA L PITTS RDC CH TRUSTEE 0.20 X 0 0 0 MR ZACH STEED TRUSTEE 0.10 X 0 0 0 MR MICHAEL STONE TRUSTEE 0.10 X 0 0 0 MR STEVE SWOPE TRUSTEE 0.10 X 0 0 0 DR JASON THOGMARTIM AUDIT COM CH TRUSTEE 0.20 X 0 0 0 MS MARY TRITT TRUSTEE 0.10 X 0 0 0 MR DAVID WARE TRUSTEE 0.10 X 0 0 0 MR JIM GILL LIFE TIME MEMBER 0.10 X 0 0 0 MR ROBERT J STONE LIFE TIME MEMBER 0.10 X 0 0 0 DR BEHERUZ N SETHNA HONORARY 0.10 X 0 0 0 65354 0 14038 0 0 0 1 0 200497 2727290 1040159 2927787 INTEREST ON LEASING 532000 1180531 1180531 LEASING INCOME 532000 491475 491475 ALUMNI TRAVEL PROGRAM 900099 142361 142361 ALL OTHER PROGRAM INCOME 900099 383 383 1814750 1562948 1562948 693046 0 693046 693046 693046 51696 200497 217983 -166287 -166287 5075 0 5075 5075 INSURANCE PROCEEDS 900099 378597 378597 378597 7215916 1814750 0 2473379 4507557 4507557 84336 84336 1425 1425 71663 71663 100113 100113 236164 107811 128353 57945 41019 16926 5719 5719 13668 5768 7900 20609 659 19950 818324 817248 1076 32466 32466 BAD DEBT 90476 90476 MEALS AND ENTERTAINMENT 32600 11042 21558 RECOGNITION AND AWARDS 12504 1525 10979 MEMBERSHIP AND DUES 7995 6000 1995 21353 4743 16610 6114917 5409141 481505 224271 4748258 1427241 2138 11311121 6545781 19414 42625 9577 21067 329190 329190 0 0 43184137 55772309 30122695 27688244 9174059 7490494 98571399 98987761 1809688 643752 19445 15700 30985275 28444473 2333467 1808440 35147875 30912365 X 11095584 11604927 52327940 56470469 63423524 68075396 98571399 98987761 X 1100999 3553852 -2979 X X 0 1 X 1 0 X 2311323 2413826 4671723 14059888 2927787 26384547 1215029 1147641 1183291 995117 1046018 5587096 3526352 3561467 5855014 15055005 3973805 31971643 11221757 20749886 588760 430951 567577 1100130 1562948 4250366 99507 109049 31313 1324160 378597 1942626 38164635 10050141 0.54370 0.61510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 99,507. 2020 AMOUNT: $ 62,334. INSURANCE CLAIMS - 2020 AMOUNT: $ 46,715. 2021 AMOUNT: $ 31,313. 2022 AMOUNT: $ 1,324,160. 2023 AMOUNT: $ 378,597. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40914285 3619899 4497225 1258293 47773116 36331443 2928848 3385622 1731628 40914285 41072359 1189303 -4959349 970870 36331443 30824563 1183815 10070557 1006576 41072359 34436743 788340 -3616174 784346 30824563 0.11270 0.21060 0.67670 1 0 329190 329190 0 0 NET INVESTMENTS IN DIRECT FINANCING LEASES 27688244 C 27688244 SPLIT INTEREST TRUSTS 152193 AGENCY ASSETS 1042229 BENEFICIAL INTEREST IN INSURANCE POLICIES 262378 ASSETS LIMITED TO USE 6033694 7490494 GIFT ANNUITY PAYABLE 109686 FUNDS HELD ON BEHALF OF ATHLETIC FNDN 1042229 ACCRUED INTEREST PAYABLE 656525 1808440 X 11873366 3553852 988707 -2979 4539580 7333786 100113 -217983 -117870 7215916 7221494 988707 217983 1206690 6014804 100113 100113 6114917 PART V, LINE 4: THE UNIVERSITY OF WEST GEORGIA FOUNDATION EXISTS TO SUPPORT ACADEMIC EXCELLENCE AT THE UNIVERSITY OF WEST GEORGIA IN TERMS OF STUDENT, FACULTY, AND PROGRAM SUCCESS. ENDOWED GIFTS RECEIVED BY THE UNIVERSITY OF WEST GEORGIA FOUNDATION ARE USED TO ESTABLISH STUDENT SCHOLARSHIPS, ACADEMIC PROGRAMS SUPPORT, FOUNDATION OPERATIONS SUPPORT, AND OTHER PRIORITIES OF THE INSTITUTION. PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS A PUBLICLY SUPPORTED ORGANIZATION AND NOT AS A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FOUNDATION'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS. THERE ARE NO UNCERTAIN TAX LIABILITIES RECORDED AS OF 06/30/2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST VALUE -2,979. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS FR EXPENSE AGAINST FR REVENUE -217,983. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS FR EXPENSE AGAINST FR REVENUE 217,983. SCHEDULE D, PART X AGENCY RELATIONSHIP: THE PHILANTHROPIC FOUNDATION ACTS AS AGENT ON BEHALF OF THE ATHLETIC FOUNDATION. IN CERTAIN INSTANCES, THE PHILANTHROPIC FOUNDATION COLLECTS CASH FUNDS FROM THE ATHLETIC FOUNDATION TO PAY SCHOLARSHIP EXPENSES AND OTHER OPERATING COSTS ON THEIR BEHALF. IN 2024 AND 2023, THE PHILANTHROPIC FOUNDATION INVESTED MONEY ON BEHALF OF THE ATHLETIC FOUNDATION. AT JUNE 30, 2024 AND 2023, THE RELATED INVESTMENT BALANCE HELD FOR THE ATHLETIC FOUNDATION WAS $1,042,229 AND $1,463,830, RESPECTIVELY. THE PHILANTHROPIC FOUNDATION CHARGES AN ADMINISTRATIVE FEE OF 1.25% TO SUPPORT UNRESTRICTED ACTIVITIES ON THESE BALANCES THAT TOTALED $13,866 AND $11,822 FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, RESPECTIVELY, AND WERE ELIMINATED ON THE ACCOMPANYING COMBINED STATEMENTS OF ACTIVITIES. GALA 213464 177632 35832 113082 77742 LIVE ART 29200 17450 11750 25401 56 1 9529 5415 4114 1702 252193 200497 51696 138483 79500 217983 -166287 1 UNIVERSITY OF WEST GEORGIA 1903 MAPLE STREET CARROLLTON GA 30118 586002055 STATE UNIVERSITY 1948210 0 STUDENT SCHOLARSHIPS UNIVERSITY OF WEST GEORGIA 1903 MAPLE STREET CARROLLTON GA 30118 586002055 STATE UNIVERSITY 733723 0 PROGRAMMATIC & OTHER INSTITUTIONAL SUPPORT UNIVERSITY OF WEST GEORGIA 1903 MAPLE STREET CARROLLTON GA 30118 586002055 STATE UNIVERSITY 226712 0 FACULTY & STAFF COMPENSATION SUPPORT UNIVERSITY OF WEST GEORGIA 1903 MAPLE STREET CARROLLTON GA 30118 586002055 STATE UNIVERSITY 1511383 0 STUDENT HOUSING IMPROVEMENT SUPPORT UNIVERSITY OF WEST GEORGIA 1903 MAPLE STREET CARROLLTON GA 30118 586002055 STATE UNIVERSITY 0 42228 BOOK FURNITURE, FIXTURES & MINOR EQUIPMENT CARROLL COUNTY ECONOMIC DEVELOPMENT FOUNDATION 200 NORTHSIDE DRIVE CARROLLTON GA 30117 582589709 501(C)(3) 25000 0 OPERATIONAL SUPPORT ELEVATE DOUGLAS ECONOMIC DEVELOPMENT CORPORATION INC 8512 BOWDEN STREET DOUGLASVILLE GA 30134 844160312 20000 0 OPERATIONAL SUPPORT 3 0 UNIVERSITY EMPLOYEE FINANCIAL ASSISTANCE 94 53386 VISITING SCHOLARS, ARTISTS, & OTHERS 27 30950 PART I, LINE 2: UWG BUDGET MANAGERS AND/OR DEPARTMENT ASSISTANTS ARE RESPONSIBLE FOR MANAGEMENT OF THEIR RESPECTIVE FOUNDATION PROGRAM AND/OR DEPARTMENT PROJECTS (A GRANT WOULD BE ASSIGNED A PROJECT ID). THESE INDIVIDUALS ARE GIVEN REPORTING ONLY PRIVILEGES FOR THEIR SPECIFIC PROJECTS. THEY PULL THE PROJECT FINANCIAL REPORT FOR THE PROJECT(S) IN QUESTION TO OBTAIN INFORMATION ABOUT CONTRIBUTIONS, REVENUES AND EXPENSES FOR WHATEVER SPECIFIED PERIOD THEY HAVE ENTERED. THEY PREPARE THE POST-GRANT AWARD REPORTS AND FILINGS. ENDOWED AND ANNUAL SCHOLARSHIP PROJECTS ARE MONITORED BY THE FOUNDATION'S SCHOLARSHIP COORDINATOR WHO VERIFIES THAT ALL RECIPIENTS MEET THE DONOR AGREEMENT AWARD CRITERIA WITH EVERY PAYOUT. 0 0 0 0 0 0 0 0 0 FORM 990, PART VII THE UNIVERSITY OF WEST GEORGIA FOUNDATION DOES NOT HAVE ANY W-2 EMPLOYEES. ALL PERSONNEL ASSOCIATED WITH THE FOUNDATION ARE EMPLOYED BY THE UNIVERSITY OF WEST GEORGIA, EIN 58-6002055, AN UNRELATED ORGANIZATION. THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THE COMPENSATION OF TWO STAFF PROVIDING SERVICES TO THE ASSOCIATION. OTHER UNIVERSITY EMPLOYEES, WORKING FOR THE FOUNDATION, HAVE THEIR COMPENSATED SERVICES DONATED TO THE FOUNDATION BY THE UNIVERSITY. DR. MEREDITH BRUNEN, CEO, SPENDS 20% OF HER TIME WITH THE UWG FOUNDATION AND RECEIVED $50,675 OF COMPENSATION AND BENEFITS FROM THE UNIVERSITY OF WEST GEORGIA, FOR SERVICES PROVIDED TO UWG FOUNDATION. HOLLY SAILERS, CFO OF UWG FOUNDATIONS, SPENDS 40% OF HER TIME WITH THE UWG FOUNDATION AND RECEIVED $28,717 OF COMPENSATION AND BENEFITS FROM THE UNIVERSITY OF WEST GEORGIA, FOR SERVICES PROVIDED TO THE UWG FOUNDATION. A CARROLLTON PAYROLL DEVELOP - AKA UWG HOUSING 521375132 145339NE3 2019-03-14 39688213 STUDENT HOUSING 0 0 0 A 7570000 39688213 39004905 683308 2019 1 0 1 1 A 1 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CARROLLTON PAYROLL DEVELOP - A/K/A UWG HOUSING DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2019 X 3 959166 FAIR MARKET VALUE X EQUIPMENT/SUPPLIES FOR CURRICULUM/INSTRUCTION 6 67013 FAIR MARKET VALUE X AUCTION ITEMS 7 13980 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTORS. FORM 990 PART I, LINE 5 THE UNIVERSITY OF WEST GEORGIA, (THE "UNIVERSITY") EIN 58-6002055, AN UNRELATED ORGANIZATION, IS THE PAYMASTER FOR ALL UNIVERSITY OF WEST GEORGIA FOUNDATION, (THE "FOUNDATION") EMPLOYEES. THIRTEEN INDIVIDUALS PROVIDED FULL AND PART-TIME SERVICES TO THE FOUNDATION. THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THE COMPENSATION OF TWO INDIVIDUALS PROVIDING FULL-TIME SERVICES. THE UNIVERSITY DONATES SALARIES AND BENEFITS FOR THE REMAINING 11 INDIVIDUALS. FOR THE YEAR ENDED JUNE 30, 2024 DONATED SALARIES AND BENEFITS TOTALED $933,477. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS PRESENTED TO THE AUDIT & ACCOUNTING COMMITTEE OF THE UNIVERSITY OF WEST GEORGIA FOUNDATION BOARD OF TRUSTEES FOR INITIAL REVIEW. IF THERE ARE ANY EDITS OR CORRECTIONS REQUESTED, THEY ARE MADE AND REPRESENTED TO THE COMMITTEE. ONCE THE COMMITTEE APPROVES, THE FORM 990 IS PRESENTED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. COPIES OF THE DRAFT FORM 990 ARE MADE AVAILABLE ON THE ELECTRONIC BOARD MEETING PORTAL AS WELL AS IN PAPER. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST FORMS ARE REQUIRED TO BE COMPLETED BY TRUSTEES. ANY TRUSTEE REFRAINING FROM VOTING ON A PARTICULAR MATTER PURSUANT TO BYLAW PROVISIONS WILL ALSO RECUSE HIMSELF OR HERSELF FROM DISCUSSIONS OR DELIBERATIONS ON THE MATTER. CONFLICT OF INTEREST FORM ARE DISTRIBUTED TO UNIVERSITY OF WEST GEORGIA FOUNDATION INC. BOARD OF TRUSTEES ANNUALLY. THESE ARE REVIEWED ANNUALLY BY MEMBERS OF THE AUDIT & ACCOUNTING COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY OF WEST GEORGIA FOUNDATION, INC. MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE VIA OUR WEBSITE AT ANY TIME, AND ALSO MAILED IF REQUESTED. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST VALUE -2,979. FORM 990 PART XII, LINE 2C NO CHANGES HAVE BEEN MADE TO THE AUDITOR SELECTION PROCESS OR FINANCIAL STATEMENT OVERSIGHT PROCESS. UWG VILLAGE LLC 1903 MAPLE STREET CARROLLTON GA 30118 REAL ESTATE LESSORS GA 0 0 UNIVERSITY OF WEST GEORGIA FOUNDATION INC UWG HOUSING LLC (FKA EVERGREEN COMPLEX LLC) 1903 MAPLE STREET CARROLLTON GA 30118 REAL ESTATE LESSORS GA 2243201 33759171 UNIVERSITY OF WEST GEORGIA FOUNDATION INC SPLIT-INTEREST TRUSTS (2) 1903 MAPLE STREET CAROLLTON GA 30118 TRUST GA T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0