DRUID HILLS GOLF CLUB FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DRUID HILLS GOLF CLUB FOUNDATION (EIN 58-2174460)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-12
- IRS object ID
- 202413179349101641
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-12T10:49:57-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 133628255 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONDON O'MEARA MCGINTY & DONNELLY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA 7TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582174460 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DRUID HILLS GOLF CLUB FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DRUI | BusinessNameControlTxt |
| Phone | 4043214088 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 740 CLIFTON ROAD NE | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30307 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SCOTT AVERY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4043214088 | PhoneNum |
| Signature | 2024-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALEXANDER LAZZARUOLO | PreparerPersonNm |
| PTIN | P01775353 | PTIN |
| Phone | 2126617777 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $461,273 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $47,993 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,858 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,858 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $11,425 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $11,425 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $372 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,912 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $372 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $119,399 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $181,047 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $13,655 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,100 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,150 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,150 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $325 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $255 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $139,618 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | -$239 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,504 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $146,193 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,266 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $12,504 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $49,081 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $49,081 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $195,274 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,266 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $61,585 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$14,227 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,389 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $103,354 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $49,075 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $49,075 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $27,065 | CorporateStockBOYAmt |
| Corporate Stock EOY | $27,065 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $21,780 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $185,566 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $189,860 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $147,402 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $178,350 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $214,108 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $243,016 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $494,335 | TotalAssetsBOYAmt |
| Total Assets EOY | $480,108 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $461,273 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $494,335 | RetainedEarningBOYAmt |
| Retained Earning EOY | $480,108 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $494,335 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $480,108 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $494,335 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $480,108 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $494,335 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$14,227 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $480,108 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $480,108 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | INVESCO QQQ TR UNIT SER 1 | PropertyDesc |
| Acquired | 2020-09-04 | AcquiredDt |
| Sold | 2023-05-01 | SoldDt |
| Gross Sales Price | $2,912 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,540 | CostOrOtherBasisAmt |
| Gain Or Loss | $372 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $372 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $372 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $103 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $103 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $103 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $50 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $50 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $53 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOUG CAMPBELL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4043214088 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 740 CLIFTON ROAD NE | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30307 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| TODD KLUMOK | ||||||||
| 1108 OAKDALE DRIVE | ATLANTA | GA | 30307 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| ANDREW SAFT | ||||||||
| 883 PLYMOUTH RD NE | ATLANTA | GA | 30306 | VICE PRESIDENT | 5.00 | $0 | $0 | $0 |
| JOEY WHEELER | ||||||||
| 3816 OXFORD WAY | MARIETTA | GA | 30062 | SECRATERY | 5.00 | $0 | $0 | $0 |
| DOUG CAMPBELL | ||||||||
| 540 VININGTON CT | ATLANTA | GA | 30350 | TREASURER | 5.00 | $0 | $0 | $0 |
| MARK RACHWILASKI | ||||||||
| 1751 NOBLE DRIVE | ATLANTA | GA | 30306 | MEMBER AT LARGE | 5.00 | $0 | $0 | $0 |
| BRENDA POTTER | ||||||||
| 1015 CLIFTON RD NE | ATLANTA | GA | 30307 | MEMBER AT LARGE | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DRUID HILLS GOLF CLUB | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 740 CLIFTON ROAD NE | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30307 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | TOURNAMENT CATERING & EXPENSE | ServiceTypeTxt |
| Compensation | $92,231 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $351,421 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $40,426 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $391,847 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $391,847 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,878 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $385,969 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $19,298 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $19,298 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $103 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $103 | TotalTaxAmt |
| Distributable Before Adj | $19,195 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $1,500 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $20,695 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $20,695 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $61,585 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $61,585 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $20,695 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $1,745 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6,165 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,910 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $61,585 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $20,695 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $40,890 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $48,800 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $48,800 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $1,745 | ExcessFromYear2Amt |
| Excess From Year1 | $6,165 | ExcessFromYear1Amt |
| Excess From Current Year | $40,890 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 740 CLIFTON ROAD NE | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30307 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4043771766 | RecipientPhoneNum |
| Form And Info And Materials | THE SCHOLARSHIP COMMITTEE SHALL AWARD GRANTS FOR TUITION AND HOUSING TO THE APPLICANTS IT CONSIDERS MOST DESERVING. THE SCHOLARSHIP COMMITTEE SHALL BASE ITS DECISION ONLY ON THE INFORMATION CONTAINED IN THE APPLICATION, REFERENCES, AND PERSONAL INTERVIEWS WITH THE APPLICANTS. THE GRANTS SHALL BE AWARDED WITHOUT REGARD TO THE APPLICANT'S AGE, RACE, SEX, RELIGION, OR NATIONAL ORIGIN. IF ANY APPLICANT HAS SUBMITTED ANY FALSE OR MISLEADING INFORMATION DURING THE APPLICATION PROCESS, THE GRANT SHALL BE TERMINATED. SCHOLARSHIP GRANTS ARE FOR $3,000.00 PER YEAR AND ARE RENEWABLE FOR FOUR YEARS PROVIDED CERTAIN CRITERIA ARE MET. THE NUMBER OF GRANTS SHALL BE DETERMINED BY THE SCHOLARSHIP COMMITTEE IN ITS DISCRETION. THE SCHOLARSHIP COMMITTEE SHALL PAY THE GRANT DIRECTLY TO THE EDUCATIONAL INSTITUTION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | THE LAST FRIDAY IN APRIL. | SubmissionDeadlinesTxt |
| Restrictions On Awards | ANY INDIVIDUAL WHO MEETS THE FOLLOWING REQUIREMENTS MAY APPLY FOR A GRANT: 1. IS A GRADUATE OF A PUBLIC OR PRIVATE GEORGIA HIGH SCHOOL AND A LEGAL RESIDENT OF GEORGIA; 2. HAS BEEN ACCEPTED AT A TWO OR FOUR YEAR ACCREDITED COLLEGE OR UNIVERSITY AS A FULL TIME STUDENT (AS DENIED BY THE COLLEGE OR UNIVERSITY); 3. HAS DEMONSTRATED ACADEMIC ACHIEVEMENT AND POTENTIAL BY ACHIEVING AT LEAST A 2.5 CUMULATIVE GPA AND AN ACT OR SAT SCORE AT OR ABOVE THE NATIONAL AVERAGE; 4. HAS DEMONSTRATED ATHLETIC ABILITY BY SUCCESSFUL PARTICIPATION IN AN ORGANIZED JUNIOR GOLF PROGRAM; 5. CAN DEMONSTRATE THE NEED FOR FINANCIAL AID; 6. HAS DEMONSTRATED EXEMPLARY PERSONAL CHARACTER; 7. HAS REGISTERED WITH SELECTIVE SERVICE, AS REQUIRED. NOTE: CHILDREN, GRANDCHILDREN, NEPHEWS, NIECES OF MEMBERS OF THE SCHOLARSHIP COMMITTEE ARE NOT ELIGIBLE TO BE APPLICANTS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Recipient RelationshipRecipientRelationshipTxt |
|---|---|---|---|---|---|---|---|---|
| GEORGIA STATE GOLF ASSOCIATION | ||||||||
| 2205 NORTHSIDE DR STE 200 | ATLANTA | GA | 30305 | NC | SUPPORT OF YOUTH GOLFING PROGRAMS | $15,000 | ||
| CHAMBERLAIN UNIVERSITY | ||||||||
| 350 N ORLEANS ST STE 1399 | CHICAGO | IL | 606541529 | PC | TUITION AND FEES | $3,000 | ||
| BENTLEY UNIVERSITY | ||||||||
| 175 FOREST ST | WALTHAM | MA | 02452 | PC | TUITION AND FEES | $4,000 | ||
| GEORGIA STATE UNIVERSITY | ||||||||
| PO BOX 5099 | ATLANTA | GA | 303025099 | PC | TUITION AND FEES | $3,000 | ||
| GEORGIA TECH | ||||||||
| 225 NORTH AVE STE 111 | ATLANTA | GA | 303320255 | PC | TUITION AND FEES | $1,000 | ||
| MOREHOUSE COLLEGE | ||||||||
| 106 GLOSTER HALL | ATLANTA | GA | 30314 | PC | TUITION AND FEES | $3,000 | ||
| SOUTHERN METHODIST UNIVERSITY | ||||||||
| PO BOX 750181 | DALLAS | TX | 752750181 | PC | TUITION AND FEES | $3,000 | ||
| WESTERN CAROLINA UNIVERSITY | ||||||||
| 132 KILLIAN ANNEX | CULLOWHEE | NC | 28723 | PC | TUITION AND FEES | $6,000 | ||
| UNIVERSITY OF GEORGIA | ||||||||
| 105 BUSINESS SERVICES BLDG 424 E | ATHENS | GA | 30602 | PC | TUITION AND FEES | $2,000 | BROAD ST | |
| UNIVERSITY OF MISSISSIPPI | ||||||||
| PO BOX 1848 | UNIVERSITY | MS | 38677 | PC | TUITION AND FEES | $3,000 | ||
| COLBY LOGAN | ||||||||
| 3959 HWY 12 E | STEENS | MS | 39766 | I | TRAVEL EXPENSES - AUSTRALIAN GOLF TOUR | $6,081 | NONE | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $49,081 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,858 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,425 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $372 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| REGISTRATION FEES | $117,899 |
| RETURNED GRANT | $1,500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $13,655 | ExclusionAmt |
| Related Or Exempt Function Incm | $119,399 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $133,054 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 11A | REGISTRATION FEES |
| 11B | RETURNED GRANT |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| QUICKRETE | ||||||
| 1 | FIVE CONCOURSE PARKWAY | ATLANTA | GA | 30328 | $15,000 | Yes (X) |
| CALLAWAY GOLF | ||||||
| 2 | PO BOX 9002 | CARLSBAD | CA | 92018 | $10,000 | Yes (X) |
| WALSH LIMITED | ||||||
| 3 | 1821 RIDGEWOOD DR | ATLANTA | GA | 30307 | $9,500 | Yes (X) |
| THE COCA-COLA COMPANY | ||||||
| 4 | 1 COCA-COLA PLAZA | ATLANTA | GA | 30313 | $25,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $2,100 | Amt |
| Net Investment Income | $2,100 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
| Amt | $0 | Amt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIA STATE GOLF ASSOCIATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2205 NORTHSIDE DR STE 200 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2023-11-17 | GrantDt |
| Grant | $15,000 | GrantAmt |
| Purpose Of Grant | SUPPORT OF YOUTH GOLF PROGRAMS | PurposeOfGrantTxt |
| Expended By Grantee | $15,000 | ExpendedByGranteeAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ISHARES IBOXX HI YD ETF | $26,888 | $25,729 |
| ISHARES IBOXX $ INVESTMENT GRADE | $54,154 | $48,013 |
| ISHARES TR 20 YR TR BD ETF | $93,954 | $59,398 |
| SPDR BLOOMBERG SHORT TERM HIGH YIELD | $14,864 | $14,262 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | ISHARES SILVER TR | StockNm |
| EOY Book Value | $27,065 | EOYBookValueAmt |
| EOYFMV | $21,780 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESCO QQQ | FMV | $8,137 | $12,286 |
| ISHARES CHINA | FMV | $12,162 | $8,283 |
| ISHARES MSCI EAFE ETF | FMV | $14,507 | $14,769 |
| ISHARES RUSSELL 2000 | FMV | $45,416 | $50,178 |
| ISHARES TRUST MSCI EMG MKTS ETF | FMV | $30,478 | $25,399 |
| SPDR S&P 500 ETF | FMV | $67,316 | $95,062 |
| SPDR S&P GLOBAL | FMV | $33,081 | $33,148 |
| ISHARES MSCI BRAZIL ETF | FMV | $3,011 | $3,891 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INSURANCE | -$766 | -$766 | $0 | $0 |
| COMMUNICATIONS | $12,504 | $0 | $0 | $12,504 |
| FEES & CHARGES | $97 | $97 | $0 | $0 |
| TOURNAMENT EXPENSES | $127,353 | $0 | $0 | $0 |
| MISC. EXPENSES | $430 | $430 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| REGISTRATION FEES | $117,899 | $0 |
| RETURNED GRANT | $1,500 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT SERVICE FEES | CategoryTxt |
| Amt | $4,150 | Amt |
| Net Investment Income | $4,150 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| ROBERT REYNOLDS | |||
| 2471 WILLIAMSWOOD CT | DECATUR | GA | 30033 |
| MICHAEL WALSH | |||
| 1821 RIDGEWOOD DRIVE NE | ATLANTA | GA | 30307 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| TAXES | $70 | $0 | $0 | $0 |
| FOREIGN TAXES PAID | $255 | $255 | $0 | $0 |
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