2026-05-13T17:30:34-05:00 2025-06-30 582663273 SYMPHONA LLP 118 PARK OF COMMERCE DR STE 200 SAVANNAH GA 31405 990 2024-07-01 237305890 SAVANNAH STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARIES SAVA 9123584275 PO BOX 20439 SAVANNAH GA 31404 DR CLEMONTINE WASHINGTON CHAIRMAN 9123584275 2026-05-13 1 1 KRISTEN E KAUHANE P02034227 9122381001 2026-05-13 2024 2025-03-06 01:10:19Z DR CLEMONTINE WASHINGTON PO BOX 20439 SAVANNAH GA 314049707 7401670 0 X WWW.SAVANNAHSTATE.EDU/SSU-FOUNDATION/ X 1972 GA THE PURPOSE OF THE FOUNDATION IS THE ESTABLISHMENT OF FUNDS TO BE USED FOR THE ADVANCEMENT OF SAVANNAH STATE UNIVERSITY AND FOR THE PROMOTION OF THE EDUCATION AND WELFARE OF FACULTY AND STUDENTS. THIS INCLUDES RAISING AND MANAGING FUNDS, PROVIDING SCHOLARSHIPS, AND RENOVATING AND OPERATING STUDENT HOUSING COMPLEXES ON THE CAMPUS. 27 27 0 0 0 0 2837600 4049378 3242250 2912455 469620 428191 70515 11646 6619985 7401670 51000 100000 0 0 0 59210 0 0 0 5155203 5696554 5206203 5855764 1413782 1545906 68006272 67046000 65083282 62577104 2922990 4468896 X THE PURPOSE OF THE FOUNDATION IS THE ESTABLISHMENT OF FUNDS TO BE USED FOR THE ADVANCEMENT OF SAVANNAH STATE UNIVERSITY AND FOR THE PROMOTION OF THE EDUCATION AND WELFARE OF FACULTY AND STUDENTS. THIS INCLUDES RAISING AND MANAGING FUNDS, PROVIDING SCHOLARSHIPS, AND RENOVATING AND OPERATING STUDENT HOUSING COMPLEXES ON THE CAMPUS. 0 0 2018926 100000 2924101 THE FOUNDATION PRIMARILY EXISTS TO SUPPORT STUDENTS AND ACTIVITIES AT THE UNIVERSITY. THIS FISCAL YEAR THAT SUPPORT WAS PROVIDED BY RAISING FUNDS TO AWARD SCHOLARSHIPS TO UNIVERSITY STUDENTS AND TO PROVIDE SUPPORT TO UNIVERSITY AUXILLARIES. THE FOUNDATION ALSO EXISTS TO PROVIDE STUDENT RESIDENT HOUSING TO THE STUDENTS OF SAVANNAH STATE UNIVERSITY. 2018926 1 0 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 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 0 1 0 0 0 0 1 22 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 GA X ELAINE CAMPBELL 9123584375 4724 LAROCHE AVENUE SAVANNAH GA 31404 X DR WILLIAM T SIMMONS DIRECTOR (PAST CHAIR) 1.00 X 0 0 0 LATANGA I ALLEN-FELDER DIRECTOR 1.00 X 0 0 0 HON EMANUEL LARKIN JR DIRECTOR 1.00 X 0 0 0 MICHELLE A ADAMS MEMBERSHIP CHAIR 1.00 X 0 0 0 WILLIS BLAKE EDD DIRECTOR 1.00 X 0 0 0 MICHAEL A KAIGLER CO-CHAIRMAN 1.00 X X 0 0 0 EUGENE FELTON JR JD DIRECTOR 1.00 X 0 0 0 WALTER E GASKIN STRATEGIC PLANNING COMMITTEE CHAIR 1.00 X 0 0 0 DR PATRICIA MOSLEY HARRIS DIRECTOR 1.00 X 0 0 0 JAMES MELVIN SECRETARY 1.00 X X 0 0 0 CAPT BERNARD L JACKSON DIRECTOR 1.00 X 0 0 0 HON EDNA B JACKSON DIRECTOR 1.00 X 0 0 0 DR JIMMIE C JACKSON CHAIRWOMAN EMERITUS 1.00 X 0 0 0 VALERIE L REYNOLDS MD MILITARY SUPPORT COMM CHAIR 1.00 X 0 0 0 JOHN KELLEY TREASURER 1.00 X X 0 0 0 BOBBY LOCKETT COMMUNITY/GOVERNMENT 1.00 X 0 0 0 BARBARA MCGHEE BOOSTER CLUB PRES 1.00 X 0 0 0 RONALD MCGHEE DIRECTOR 1.00 X 0 0 0 GLENNERA E MARTIN SPEC. EVENTS COMM. 1.00 X 0 0 0 HAROLD WASHINGTON SSUNAA PRESIDENT 1.00 X 0 0 0 CAROLYN PRICE FINANCIAL SECRETARY 1.00 X 0 0 0 JULIUS SMITH DIRECTOR 1.00 X 0 0 0 MARILYN S TAYLOR DIRECTOR 1.00 X 0 0 0 ARTHUR J TERRY FUNDRAISING CHAIR 1.00 X 0 0 0 DR CLEMONTINE WASHINGTON CHAIRMAN 5.00 X X 0 0 0 MICHAEL D WILLIAMS DIRECTOR 1.00 X 0 0 0 CHARLES G YOUNG MEMBERSHIP CHAIR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 4049378 4049378 STUDENT HOUSING - UNIV 531110 2912455 2912455 2912455 274540 274540 153651 0 153651 153651 153651 OTHER 900099 11646 11646 11646 7401670 2924101 0 428191 100000 100000 59210 59210 134230 134230 2573 2573 453 453 17729 17729 1882469 1868777 13692 7198 7198 AGENCY EXPENSE 3231142 3231142 REPAIRS & MAINTENANCE 218488 218488 GALA EXPENSE 100000 100000 PROGRAM SERVICES 50149 50149 52123 52123 5855764 2018926 3836838 0 6653166 6955319 43636 13211 261628 261628 2748 3354 150000 150000 150000 5790094 6547488 55105000 53115000 68006272 67046000 208432 200995 3050 62953172 61571561 1921678 801498 65083282 62577104 X 2542520 2725825 380470 1743071 2922990 4468896 68006272 67046000 1545906 0 X X 0 1 X 1 0 X 1844060 2003569 2198456 2837600 4049378 12933063 1844060 2003569 2198456 2837600 4049378 12933063 12933063 4219 8760 70421 428209 274540 786149 13719212 16598021 0.94270 0.94330 X 218285 725495 24980 63820 239 1032341 195332 23188 235 218285 223262 -27780 150 195332 215254 8080 72 223262 169001 46318 65 215254 0.80932 0.19068 0 0 150000 150000 150000 RESTRICTED BOND PROCEEDS 4833823 F MUTUAL FUNDS 1713665 F 6547488 LEASE RECEIVABLE 53115000 53115000 X 7401670 0 7401670 0 7401670 5855764 0 5855764 0 5855764 PART X, LINE 2: THE FASB REQUIRES MANAGEMENT TO ANNUALLY EVALUATE THE FOUNDATION'S TAX POSITIONS, INCLUDING ACCOUNTING AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, MANAGEMENT CONCLUDED THAT NO UNCERTAIN TAX POSITIONS HAD BEEN TAKEN THAT WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2020. 1 SCHOLARSHIPS 10 100000 PART III, COLUMN B SCHOLARSHIPS TOTALING $100,000 WERE GRANTED TO 10 INDIVIDUALS AND THE REMAINDER OF THE SCHOLARSHIP FUND WAS GRANTED TO SAVANNAH STATE UNIVERSITY TO ADMINSTER UNDER THEIR SCHOLARSHOP PROGRAMS. A SAVANNAH ECONOMIC DEVELOPMENT AUTHORITY 586001588 80483CGV7 2008-02-27 22975000 TO ENHANCE AN EXISTING APARTMENT COMPLEX AND CONVERT INTO STUDENT HOUSING 1 1 1 B SAVANNAH ECONOMIC DEVELOPMENT AUTHORITY 586001588 2021-06-09 23360000 BOND REFUNDING ISSUE FOR PRIOR BOND ISSUE TO DEVELOP LAND FOR A SPORTS COMP. 0 1 1 C SAVANNAH ECONOMIC DEVELOPMENT AUTHORITY 586001588 2021-10-01 32330000 TO REFUND THE SERIES 2008A BONDS, WHICH WERE USED TO FUND STUDENT HOUSING 1 1 1 D SAVANNAH ECONOMIC DEVELOPMENT AUTHORITY 586001588 2021-10-01 3995000 TO FUND INTEREST RATE SWAP 1 1 1 A 22975000 22975000 382220 22592780 2008 0 0 1 1 B 3250000 29219699 1341644 451537 2022 1 0 1 1 C 38672429 632400 20787072 515638 16000000 737319 2023 1 1 1 1 D 3320000 3995000 3995000 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 FORM 990, PART VI, SECTION A, LINE 2 CHARLES YOUNG - FAMILY ARTHUR TERRY - FAMILY DR. JIMMIE JACKSON - FAMILY FORM 990, PART VI, SECTION B, LINE 11B A DESIGNATED OFFICER/BOARD MEMBER/COMMITTEE OR BOARD ACCOUNTANT WILL REVIEW A DRAFT OF THE FORM 990 IN DETAIL MADE AVAILABLE BY THE PREPARER. AFTERWARDS, A COPY IS MADE AVAILABLE TO THE FULL BOARD FOR THEIR REVIEW AND COMMENT PRIOR TO FILING THE RETURN. A DESIGNATED OFFICER THEN SIGNS THE RETURN AFTER CONSIDERING BOARD COMMENTS (APPROVAL FOR MAILING). FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS MONITORED ANNUALLY BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE BOARD WILL CONSIDER REQUESTS ON A CASE-BY-CASE BASIS FOR INFORMATION BEYOND WHAT IS AVAILABLE IN FORM 1023 (APPLICATION FOR EXEMPT STATUS) AND THE THREE MOST RECENT FORMS 990. ADDITIONAL INFORMATION CAN BE OBTAINED ON WEB SITE HTTP://WWW2.GUIDESTAR.ORG FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SSU FOUNDATION REAL ESTATE VENTURES PO BOX 20439 SAVANNAH GA 31404 208874645 REAL EST. GA 1837751 35902109 SSU COMMUNITY DEVELOPMENT I LLC PO BOX 20439 SAVANNAH GA 31404 274028295 REAL EST. GA 1147327 23878601