2026-04-27T10:31:41+00:00 2025-06-30 580692043 Mauldin & Jenkins LLC 200 Galleria Parkway Suite 1700 Atlanta GA 30339 990 2024-07-01 586034031 Georgia Southern University Foundation Inc GEOR 9124785519 PO Box 8053 Statesboro GA 30460 Trip C Addison President 2026-04-27 true true Melissa Seward P02145103 7709558600 2026-03-28 2024 2025-03-06 01:10:19Z Trip C Addison PO Box 8053 Statesboro GA 30460 30674943 false X WWW.GEORGIASOUTHERN.EDU/OFFICES/GEORGIA-SOUTHERN-UNIVERSITY-FOUNDATION X 1963 GA The Georgia Southern University Foundation was established in 1963 to receive, manage, and administer private gifts in support of the Georgia Southern University mission and priorities. The Foundation primarily accomplishes this mission by providing leadership in obtaining the resources needed to attain university goals and through responsible stewardship of funds and other assets entrusted to it. The Georgia Southern University Foundation raises, invests, and distributes private dollars needed to fund the programs, projects, scholarships, equipment, and buildings that help Georgia Southern University earn and maintain a reputation for excellence. 27 26 34 100 57628 0 8618762 11575494 0 0 5268308 7587914 -16644 420199 13870426 19583607 10316039 7221878 0 0 0 0 36156 60000 965912 4761858 5066003 15114053 12347881 -1243627 7235726 136999796 149474950 878452 769689 136121344 148705261 The Georgia Southern University Foundation, Inc. was created to raise private funding to meet certain educational and institutional needs at Georgia Southern University not addressed by state allocations. The Foundation's primary mission is to "promote the cause of higher education" by assisting Georgia Southern University in fulfilling its multifaceted mission: -To support cultural opportunities, economic growth, environmental quality, scientific and technological progress, and social and personal well-being. -To graduate knowledgeable, clear-thinking, articulate students. -To expand horizons through outreach in sciences and liberal arts, preservation of distinctive cultural legacies, and attention to the integrity of south Georgia's environment. false false 9665703 7221878 THE GEORGIA SOUTHERN UNIVERSITY FOUNDATION EXISTS TO ASSIST GEORGIA SOUTHERN UNIVERSITY IN FULFILLING ITS MULTIFACETED MISSION AND ITS EFFORTS TO ACHIEVE EDUCATIONAL EXCELLENCE. THE FOUNDATION PRIMARILY ACCOMPLISHES THIS MISSION BY PROVIDING LEADERSHIP IN OBTAINING THE RESOURCES NEEDED TO ATTAIN UNIVERSITY GOALS AND THROUGH RESPONSIBLE STEWARDSHIP OF FUNDS AND OTHER ASSETS ENTRUSTED TO IT. THE GEORGIA SOUTHERN UNIVERSITY FOUNDATION RAISES, INVESTS, AND DISTRIBUTES PRIVATE DOLLARS NEEDED TO FUND THE PROGRAMS, PROJECTS, SCHOLARSHIPS, EQUIPMENT, AND BUILDINGS THAT HELP GEORGIA SOUTHERN UNIVERSITY BARN AND MAINTAIN A REPUTATION FOR EXCELLENCE. 9665703 true true false false false false false false false true true true false false false true false true false false false false false true true true false true false true false false false false false false false false false false true false false false true false false false false false true X 50 0 true 34 true true true false false false false true true true 1 false false true false false false X 27 26 false false false false false false false true true false true true true true true true true true false false false false GA X X Craig Brown 9124785519 PO Box 8053 Statesboro GA 30460 X Dana A Potts Treasurer 1.0 X X 0 0 0 Richard Timothy Evans Jr Secretary 1.0 X X 0 0 0 Stephen Milner Chair 1.0 X X 0 0 0 Trip C Addison President & Ex-Officio 40.0 X X 247811 0 44313 Ames Barnett Board Member 1.0 X 0 0 0 Bill Crider Board Member 1.0 X 0 0 0 Brandon Butler Board Member 1.0 X 0 0 0 Cedric D Henry Board Member 1.0 X 0 0 0 Christian Flathman Board Member 1.0 X 0 0 0 Curtis Williams Ex-Officio 1.0 X 0 0 0 David H Brooker Board Member 1.0 X 0 0 0 David Paddison Board Member 1.0 X 0 0 0 David R Edwards Board Member 1.0 X 0 0 0 Deborah Nelson Board Member 1.0 X 0 0 0 Dr Don Aaron Jr Board Member 1.0 X 0 0 0 Dr John T Hodges Board Member 1.0 X 0 0 0 Dr Kelley Chester Board Member 1.0 X 0 0 0 Ellen Bolch Board Member 1.0 X 0 0 0 Eric Johnson Board Member 1.0 X 0 0 0 J Ray Hendley Sr Board Member 1.0 X 0 0 0 James A Van Epps Board Member 1.0 X 0 0 0 Kash Trivedi Board Member 1.0 X 0 0 0 Kim Hartsock Board Member 1.0 X 0 0 0 Preston Etheridge Board Member 1.0 X 0 0 0 Ronny Just Board Member 1.0 X 0 0 0 Sharon Ponder Board Member 1.0 X 0 0 0 Spence Mullis Ex-Officio 1.0 X 0 0 0 Craig Brown CFO 40.0 X 131528 0 24984 Julie Gerbsch Executive Director of Development 40.0 X 175253 0 16399 554592 0 85696 3 false true true RR Donnelley PO Box 538602 Atlanta GA 30353 Printing Services 145777 Whitfield Signs 91 S College St Statesboro GA 30458 Design/Construction 144857 Fund Evaluation Group LLC PO Box 639176 Cincinnati OH 45263 Investment Advisor Services 115382 Legendary Events Inc 3379 Peachtree Rd NE Suite 925 Atlanta GA 30326 Event Management Services 110962 4 73023 11502471 595575 11575494 0 0 0 0 0 3310869 57628 3253241 90854 90854 0 0 15290760 11013715 4277045 0 4277045 4277045 8200 73023 76121 -67921 -67921 32473 1500 30973 30973 REFUNDS, REIMBURSEMENTS, ETC. 900099 366293 366293 0 0 0 0 366293 19583607 0 57628 7950485 7221878 7221878 0 0 37400 37400 60000 60000 1143663 1143663 535581 316061 172841 46679 63887 43685 373 19829 536931 337897 12779 186255 210318 210318 529393 400781 29238 99374 576028 436087 31814 108127 19887 19887 43731 43731 45236 10624 34351 261 PROMOTION & CULTIVATION 698782 529868 4527 164387 SUPPLIES & EQUIPMENT 199713 3387 196326 BAD DEBT EXPENSE 186096 186096 DUES & SUBSCRIPTIONS 108735 7185 42652 58898 130622 87701 17145 25776 12347881 9665703 1716266 965912 299941 627516 4262971 4214980 0 0 0 0 1864599 481116 1427214 1383483 45390740 49678426 80506806 88931921 0 5112124 4638624 136999796 149474950 878452 769689 0 0 0 0 878452 769689 X 9153195 9252481 126968149 139452780 136121344 148705261 136999796 149474950 7235726 6598191 -1250000 0 X false true true false X 10775129 8315437 8385818 8618762 11575494 47670640 0 2732002 2686400 2922339 3205897 3158190 14704828 13507131 11001837 11308157 11824659 14733684 62375468 4954791 57420677 1611055 2977415 2583873 3491866 3401723 14065932 5381 113319 13911 0 0 132611 11723 50292 50631 40766 366293 519705 77093716 0 0.74482 0.76383 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - REFUNDS, REIMBURSEMENTS, ETC, COLUMN A - 11723.0, COLUMN B - 50292.0, COLUMN C - 50631.0, COLUMN D - 40766.0, COLUMN E - 366293.0, COLUMN F - 519705.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 105960704 4108787 11110168 1787908 1014606 966407 117410738 94271012 1808292 13083371 1517117 839147 845707 105960704 87933188 2943038 6335930 1354948 805350 780846 94271012 89450371 3773842 -2868037 1054528 573164 795296 87933188 67120492 4064405 20458581 1070596 526521 595990 89450371 0.0 0.576 0.424 false false 890860 890860 973739 481116 492623 1383483 Closely-held equity interests Financial derivatives HEDGE FUNDS 20869170 F PRIVATE EQUITY & PARTNERSHIP FUNDS 49697585 F FIXED INCOME FUNDS 18365166 F 88931921 0 X 30309634 6598191 5379974 -186096 11792069 18517565 1143663 -76121 1067542 19585107 17725717 6629974 76121 6706095 11019622 1143663 186096 1329759 12349381 Schedule D, Part V, Line 4 Intended uses of endowment funds Endowment funds are used to fund academic scholarships at Georgia Southern University along with other University operational costs. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Foundation believes that it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements. X X X X X true Alexander Haas - Fundraising Counsel 3520 Piedmont Rd NE Atlanta GA 30305 Direct Mail Solicitation false 60000 -60000 0 60000 -60000 GA PCOB Gala 53543 45938 7605 8804 38940 1312 250 11686 CEIT Annual Golf Tournament 27680 27085 595 968 5092 3521 5548 0 81223 73023 8200 9772 44032 4833 250 17234 76121 -67921 0 0 32473 0 1500 0 0 0 32473 0 1500 0 0 1500 30973 GA true false false false 1.0 0.0 Craig Brown CFO PO Box 8053 Statesboro GA 30460 false Trip C Addison 292124 President X false true Georgia Southern University PO Box 8129 Statesboro GA 30460 586002059 State of Georgia 7072363 149515 FMV Supplies and Equipment Operational Support 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds Use of grant funds is consistent with the exempt purpose of Georgia Southern University Foundation. false false false false false false false false false Trip C Addison President & Ex-Officio 247811 0 0 0 0 0 23493 0 20820 0 292124 0 0 0 Craig Brown CFO 131528 0 0 0 0 0 12797 0 12187 0 156512 0 0 0 Julie Gerbsch Executive Director of Development 175253 0 0 0 0 0 16203 0 196 0 191652 0 0 0 Form 990, Part VII, Section A, Line 5 The following individuals were compensated for full-time services provided to the Foundation by an unrelated organization, Georgia Southern University: Trip Addison $292,124 Julie Gerbesch $191,652 Craig Brown $156,512 Compensation for services provided to the Foundation is determined by Georgia Southern University. Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - TRIP C. ADDISON, COMPENSATION FROM UNRELATED ORGANIZATION - 292124.000000, NAME OF UNRELATED ORGANIZATION - GEORGIA SOUTHERN UNIVERSITY, TYPE OF COMPENSATION - SALARIES AND BENEFITS Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - CRAIG BROWN, COMPENSATION FROM UNRELATED ORGANIZATION - 156512.000000, NAME OF UNRELATED ORGANIZATION - GEORGIA SOUTHERN UNIVERSITY, TYPE OF COMPENSATION - SALARIES AND BENEFITS Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - JULIE GERBSCH, COMPENSATION FROM UNRELATED ORGANIZATION - 191652.000000, NAME OF UNRELATED ORGANIZATION - GEORGIA SOUTHERN UNIVERSITY, TYPE OF COMPENSATION - SALARIES AND BENEFITS X 16271 Other 8 392659 Other - Avg of Hi/Lo Stk Price 1 8400 Market value X Auction Items 2 164900 Market value X Sporting Goods 1 13345 Other - Retail Value 1 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributors. Clothing and household goods - Number of contributors. Collectibles - Number of contributors. Other - Auction Items Number of contributors. Other - Sporting Goods Number of contributors. Form 990, Part V, Line 2a FORM 990, PART I, LINE 5 AND PART V, LINE 2A & 2B THE GEORGIA SOUTHERN UNIVERSITY FOUNDATION DOES NOT HAVE ANY W-2 EMPLOYEES. ALL EMPLOYEES ARE EMPLOYED BY REPORTING AGENT GEORGIA SOUTHERN UNIVERSITY (EIN 58-6002059) AN UNRELATED ORGANIZATION. THERE WERE 34 EMPLOYEES THAT WORKED FULL- OR PART-TIME FOR GEORGIA SOUTHERN UNIVERSITY FOUNDATION AND WERE COMPENSATED BY GEORGIA SOUTHERN UNIVERSITY. Form 990, Part VI, Line 11b Review of form 990 by governing body Board members are provided a copy of the Form 990 prior to filing and encouraged to ask questions and request edits to management. Form 990, Part VI, Line 12c Conflict of interest policy The Vice President's office monitors the Code of Conduct process and ensures each trustee updates annually. Form 990, Part VI, Line 19 Required documents available to the public Documents are available upon request. Form 990, Part XII, Line 2a There has been no change in the audit firm. The process for oversight of the audited financial statements has not changed. GEORGIA SOUTHERN UNIVERSITY FOUNDATION REAL ESTATE LLC PO BOX 8129 Statesboro GA 30460 REAL ESTATE HOLDING COMPANY GA 0 2493 GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC GEORGIA SOUTHERN UNIVERSITY FOUNDATION REAL ESTATE HOLDINGS LLC PO BOX 8129 STATESBORO GA 30460 REAL ESTATE HOLDING COMPANY GA 0 148663 GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC GEORGIA SOUTHERN UNIVERSITY FOUNDATION BOTANICAL GARDENS REAL ESTATE LLC PO BOX 8129 STATESBORO GA 30460 REAL ESTATE HOLDING COMPANY GA 0 741566 GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC GEORGIA SOUTHERN UNIVERSITY FOUNDATION GUYTON REAL ESTATE LLC PO Box 8129 STATESBORO GA 30460 REAL ESTATE HOLDING COMPANY GA 0 495322 GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC