2023-01-13T09:24:57-06:00 2022-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2021-07-01 586043972 GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION INC GEOR 4784455400 CAMPUS BOX 96 MILLEDGEVILLE GA 31061 SHELLEY STRICKLAND EXECUTIVE DIRECTOR 4784455400 2022-12-21 1 SHELLEY STRICKLAND XXX-XX-XXXX MARY JO ALEXANDER P00002534 7709558600 2022-12-21 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z LES CALLAHAN CAMPUS BOX 96 MILLEDGEVILLE GA 31061 5906716 0 X N/A X 1960 GA TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR THE SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF GEORGIA COLLEGE & STATE UNIVERSITY. PRIVATE GIFTS FROM ALUMNI, FRIENDS, PARENTS, CORPORATIONS AND FOUNDATIONS PROVIDE THE RESOURCES NECESSARY TO OFFER AN OUTSTANDING EDUCATIONAL EXPERIENCE FOR GEORGIA COLLEGE AND STATE UNIVERSITY STUDENTS AND ENHANCE THE OVERALL EXCELLENCE OF THIS INSTITUTION. 38 38 6 45 14497 10123 3570846 2712835 4645619 149343 1898779 2799741 62204 132784 10177448 5794703 3257951 2202440 0 0 0 0 0 0 116175 4152436 1091338 7410387 3293778 2767061 2500925 66057685 59696099 9848650 8283895 56209035 51412204 TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS 0 0 2725778 2202440 GRANTING OF SCHOLARSHIPS AND EDUCATIONAL SUPPORT ACTIVITIES TO GEORGIA COLLEGE & STATE UNIVERSITY TO FURTHER THE EDUCATIONAL EXPERIENCE OF THE STUDENTS. 158892 149343 RENTAL OF STUDENT ACTIVITY CENTER AND PARKING TO GEORGIA COLLEGE & STATE UNIVERSITY. 2884670 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 X 25 0 1 6 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X THE ORGANIZATION 4784455400 CAMPUS BOX 96 MILLEDGEVILLE GA 31061 LEE FRUITTICHER EX-OFFICIO AND EXECUTIVE DIRECTOR 40.00 X 184384 0 77170 LESLIE CALLAHAN BOARD CHAIR 0.00 X X 0 0 0 JEFFREY WANSLEY VICE CHAIR 0.00 X X 0 0 0 LARRY EDWARDS TREASURER 0.00 X X 0 0 0 ROBERT C BETZEL CHAIR - FINANCE, AUDIT 0.00 X 0 0 0 GENIE CHAMBERLIN CHAIR - FUNDRAISING 0.00 X 0 0 0 E MAX CROOK CHAIR-REAL PROPERTY COMMIT 0.00 X 0 0 0 ANRESA DAVIS CHAIR - STEWARDSHIP 0.00 X 0 0 0 MIKE GARRETT CHAIR - TRUSTEE DEVELOPMENT 0.00 X 0 0 0 DILANKA SEIMON CHAIR - INVESTMENT 0.00 X 0 0 0 TED SMITH CHAIR - LLC BOARDS 0.00 X 0 0 0 CHRIS CLARK VICE CHAIR - TRUSTEE DEVELOPMENT 0.00 X 0 0 0 RICHARD RUSSELL VICE-CHAIR - REAL PROPERTY 0.00 X 0 0 0 MURALI THIRUMAL VICE CHAIR - REAL PROPERTY 0.00 X 0 0 0 PAM TRAWICK VICE CHAIR - FUNDRAISING 0.00 X 0 0 0 STAN WILSON VICE-CHAIR - FINANCE 0.00 X 0 0 0 COREY NEW INDEPENDENT REPRESENTATIVE 0.00 X 0 0 0 DONNA BARWICK TRUSTEE 0.00 X 0 0 0 PAM BOOKER TRUSTEE 0.00 X 0 0 0 JIMMY JR CHILDRE TRUSTEE 0.00 X 0 0 0 DEREK CHITWOOD TRUSTEE 0.00 X 0 0 0 CATHY COX TRUSTEE 0.00 X 0 0 0 ROBERT GRIFFITH TRUSTEE 0.00 X 0 0 0 JAY HARRINGTON TRUSTEE 0.00 X 0 0 0 BILL JONES TRUSTEE 0.00 X 0 0 0 JANE KIDD TRUSTEE 0.00 X 0 0 0 KIM MARTIN TRUSTEE 0.00 X 0 0 0 GEORGE MARTINEZ TRUSTEE 0.00 X 0 0 0 ZACH MULLINS TRUSTEE 0.00 X 0 0 0 BUTLER RAINES TRUSTEE 0.00 X 0 0 0 DONALD RHODES TRUSTEE 0.00 X 0 0 0 MOLLY ROBBINS TRUSTEE 0.00 X 0 0 0 LAUREN SCHROEDER TRUSTEE 0.00 X 0 0 0 MARIA SHEFFIELD TRUSTEE 0.00 X 0 0 0 RICHARD SIMS TRUSTEE 0.00 X 0 0 0 DAN SLAGLE TRUSTEE 0.00 X 0 0 0 ROBIN SNELL TRUSTEE 0.00 X 0 0 0 HUGH THOMPSON TRUSTEE 0.00 X 0 0 0 GARY THROWER TRUSTEE 0.00 X 0 0 0 184384 0 77170 1 0 1 1 0 19141 39967 2653727 451813 2712835 DIRECT FINANCING LEASE INCOME 531190 119347 119347 RENTAL INCOME 531120 29996 29996 149343 1077504 14497 1063007 19600 0 19600 19600 19600 1827866 105629 1722237 1722237 1722237 9614 19141 6384 3230 3230 MISC. FOUNDATION ACTIVITIES 611710 64180 64180 GAIN ON REBATE/SWAP PROCEEDS 900099 45774 45774 109954 5794703 149343 14497 2918028 2202440 2202440 16205 13952 2253 21472 21472 197280 197280 72856 66981 600 5275 9550 8448 1102 32454 16242 2766 13446 67736 3156 2270 62310 21897 14228 7669 34947 34424 523 179192 177886 1306 107886 107444 442 6664 6664 17505 9827 7678 UBI TAX 9405 9405 REPAIRS AND MAINTENANCE 79689 79689 GIFT ANNUITY PAYMENTS 68825 68825 REGISTRATION 44179 41820 159 2200 103596 46596 36909 20091 3293778 2884670 292933 116175 4652387 4798017 1743895 1201155 3856 1284 45766 32135 1687220 94899 1662233 1592321 52539387 47061249 2090560 2145242 3319601 2864696 66057685 59696099 37472 73056 2429985 1989205 124457 0 7256736 6221634 9848650 8283895 X 15031551 14148980 41177484 37263224 56209035 51412204 66057685 59696099 X 2500925 -7411873 114117 X X 0 1 X 1 0 X 5025404 3074223 2689224 3570846 2712835 17072532 454507 498183 512296 452114 352964 2270064 5479911 3572406 3201520 4022960 3065799 19342596 3736670 15605926 1198944 1263540 1193373 1096827 1097104 5849788 16606 35876 14497 66979 192170 370921 113455 41375 109954 827875 26087238 19413829 0.59820 0.58900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22453 1244117 X X 0 44800204 1173683 -4466171 1535450 39972266 34098640 2482328 9556359 1337123 44800204 34224068 1476891 -417142 1185177 34098640 32645447 1699140 892193 1012712 34224068 29702258 1410572 2443949 911332 32645447 0.13702 0.65280 0.21020 0 0 1360652 1360652 234365 12519 221846 92203 82380 9823 1592321 ACCRUED INTEREST PAYABLE 29983 ANNUITY PAYABLE 586317 FUNDS HELD FOR OTHERS 5584275 RELATED PARTY PAYABLE 21059 6221634 X PART III, LINE 4: THE COLLECTION CONSISTS OF OLD GOVERNOR MANSION FURNISHINGS, FINE ARTS AND ANTIQUES. THE COLLECTION FURTHERS THE FOUNDATION EXEMPT PURPOSE OF RECEIVING AND ADMINISTERING GIFTS OF PROPERTY FOR THE EDUCATIONAL AND CHARITABLE ADVANCEMENT OF GEORGIA COLLEGE & STATE UNIVERSITY. PART V, LINE 4: TO FUND SCHOLARSHIPS AND PROGRAMS AT GEORGIA COLLEGE & STATE UNIVERSITY. 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. BOBCAT GOLF CLASSIC 28755 19141 9614 4566 316 1502 28755 19141 9614 4566 316 1502 6384 3230 1 GEORGIA COLLEGE & STATE UNIVERSITY 231 WEST HANCOCK STREET MILLEDGEVILLE GA 31061 586002064 1146936 0 TO PROVIDE SCHOLARSHIPS TO STUDENTS AND PROVIDE OTHER EDUCATIONAL SUPPORT TO THE UNIVERSITY. GEORGIA COLLEGE & STATE UNIVERSITY 231 WEST HANCOCK STREET MILLEDGEVILLE GA 31061 586002064 536296 0 OTHER SUPPORT TO UNIVERSITY GEORGIA COLLEGE & STATE UNIVERSITY ALUMNI ASSOCIATION INC CAMPUS BOX 96 MILLEDGEVILLE GA 31061 237194778 501(C)(3) 25000 0 TO PROVIDE FINANCIAL SUPPORT UNIVERSITY SYSTEM OF GEORGIA 270 WASHINGTON ST SW ATLANTA GA 30334 0 491608 FMV LAND PROPERTY FOR UNIVERSITY PROGRAMS AND PROJECTS 3 0 PART I, LINE 2: THE FOUNDATION WORKS CLOSELY WITH ADMINISTRATORS OF GEORGIA COLLEGE & STATE UNIVERSITY AND PROVIDES FUNDING BASED ON UNIVERSITY NEEDS. SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON APPLICATIONS RECEIVED AND CRITERIA FOR INDIVIDUAL SCHOLARSHIP. 0 0 0 0 0 0 0 0 0 LEE FRUITTICHER EX-OFFICIO AND EXECUTIVE DIRECTOR 184384 0 0 0 0 0 37872 0 39298 0 261554 0 0 0 FORM 990 PART VII LINE 1A LISTED ON FORM 990 PART VII LINE 1A IS INTERIM EXECUTIVE DIRECTOR, LEE FRUITTICHER, WHOSE COMPENSATION IS PAID BY AN UNRELATED ENTITY, GEORGIA COLLEGE & STATE UNIVERSITY AND REPORTED UNDER EIN# 58-6002064. TOTAL REPORTABLE COMPENSATION FOR CALENDAR YEAR 2022 WAS $184,384. A DEVELOPMENT AUTHORITY OF THE CITY OF MILLEDGEVILLE AND BALDWIN COUNTY 2003-12-01 7840000 REAL ESTATE CONSTRUCTION 0 0 0 A 5820000 7840000 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 1 428360 TAX ASSESSED VALUE X 1 22453 APPRAISAL X SUPPLIES 1 1000 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTORS. FORM 990, PART V, LINE 2A AND 2B GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION, INC. UTILIZES THE FULL-TIME SERVICES OF SIX EMPLOYEES OF THE GEORGIA COLLEGE & STATE UNIVERSITY, AN UNRELATED ENTITY FOR TAX PURPOSES. COMPENSATION IS PAID AND REPORTED FOR TAX PURPOSES BY THE UNIVERSITY UNDER EIN# 58-6002064. THE VALUE OF UNIVERSITY-DONATED EMPLOYEE SERVICES FOR THE YEAR ENDED 6.30.2021 WAS $352,964. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS HAVE AN OPPORTUNITY TO REVIEW, QUESTION AND COMMENT ON THE DRAFT 990 PRIOR TO FILING. THIS IS ACCOMPLISHED ELECTRONICALLY WITHOUT A FORMAL BOARD MEETING. UPON RESOLUTION OF ALL QUESTIONS AND CHANGES, FORM 990 IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD OF TRUSTEES MUST SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANICAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE - GIFT ANNUITY 114,117. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE REVIEWS AND APPROVES THE AUDIT PRIOR TO ITS ISSUANCE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 9 THE ORGANIZATION IS REPORTING A CHANGE IN THE VALUE OF ITS GIFT ANNUITY OBLIGATION IN THE AMOUNT OF $114,117 DUE TO FLUCTUATIONS IN THE IRS ACTUARIAL TABLE FACTORS. GC&SU FOUNDATION LLC II CAMPUS BOX 96 MILLEDGEVILLE GA 31061 REAL ESTATE OWNERSHIP/LEASING TO GA. COLLEGE & STATE UNIVERSITY GA 170647 3709531 GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION INC GC&SU FOUNDATION LLC IV CAMPUS BOX 96 MILLEDGEVILLE GA 31061 REAL ESTATE OWNERSHIP/LEASING TO GA. COLLEGE & STATE UNIVERSITY GA 59578 1286524 GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION INC GC&SU FOUNDATION LLC V CAMPUS BOX 96 MILLEDGEVILLE GA 31061 REAL ESTATE OWNERSHIP/LEASING TO GA. COLLEGE & STATE UNIVERSITY GA 0 0 GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION INC