2021-11-11T07:46:09-06:00 2020-12-31 581224069 Fowler Holley Rambo & Stalvey PC 3208 Wildwood Plantation Drive Valdosta GA 31605 990 2020-01-01 581582136 Valdosta State University Foundation Inc VALD 2293335939 1500 N Patterson Street Valdosta GA 31698 John D Crawford CEO 2293335939 2021-11-09 1 John Crawford 999009999 C Wayne Rambo CPA P01298902 2292441559 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z John D Crawford 1500 N Patterson St Valdosta GA 31698 29240945 0 X www.valdosta.edu/adv/fnd X 1963 GA The Foundation exists to support development of educational excellence at Valdosta State University. 24 24 0 0 0 0 6665369 2440244 801901 306602 2409375 2331822 501523 512534 10378168 5591202 1669135 1477641 0 0 0 0 0 0 4486 3636082 2575137 5305217 4052778 5072951 1538424 65050868 70137516 4736194 4648348 60314674 65489168 The Foundation exists to support development of educational excellence at Valdosta State University. 0 0 1932823 306602 The Foundation's primary efforts are directed toward attracting, receiving, investing, managing, and expending gifts and other resources designated for the academic, artistic, athletic, teaching, research, and public service programs of the University. 1477641 1477641 Scholarships to students of Valdosta State University. 3410464 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X John D Crawford 2293335939 1500 N Patterson Street Valdosta GA 31698 JERRY J JENNETT TRUSTEE 4.00 X 0 0 0 BRITT MCLANE TRUSTEE 4.00 X 0 0 0 ROBERT W HAGAN TRUSTEE 4.00 X 0 0 0 RUSTY INGRAM TRUSTEE 4.00 X 0 0 0 MARTIN MILLER TRUSTEE 4.00 X 0 0 0 DOWNING BARBER TRUSTEE 4.00 X 0 0 0 SUE COX TRUSTEE 4.00 X 0 0 0 ROBERT VARNEDOE TRUSTEE 4.00 X 0 0 0 RICHARD CARVAJAL TRUSTEE 4.00 X 0 347220 0 CHANDLER HAYDON TRUSTEE 4.00 X 0 0 0 PAULA HUTCHINSON TRUSTEE 4.00 X 0 0 0 BETH CLARK-MORRISON TRUSTEE 4.00 X 0 0 0 WADE COLEMAN TRUSTEE 4.00 X 0 0 0 GREG MILLER TRUSTEE 4.00 X 0 0 0 BILL COWART TRUSTEE 4.00 X 0 0 0 BUBBA HIGHSMITH TRUSTEE 4.00 X 0 0 0 TIM HARRIS TRUSTEE 4.00 X 0 0 0 TAMMY BORDERS TRUSTEE 4.00 X 0 0 0 ASHLEY BELL TRUSTEE 4.00 X 0 0 0 LYNN MORLEY TRUSTEE 4.00 X 0 0 0 JOHN D CRAWFORD CEO 40.00 X 0 216863 0 AIMEE NICOLOSI ACCOUNTING DIRECTOR 40.00 X 0 0 0 MARTIN E MCGHIN CHAIRMAN 8.00 X 0 0 0 A PARRISH CLARK JR CHAIR-ELECT 4.00 X 0 0 0 DAVID A HIERS VICE CHAIRMAN 4.00 X 0 0 0 DARYN RUSSELL TREASURER 4.00 X 0 0 0 0 564083 0 0 0 1 0 0 2440244 3570 2440244 OTHER REVENUE 900099 155847 155847 FEES 900099 150755 150755 306602 1583712 1583712 10116 10116 523926 21508 502418 502418 502418 24376345 23546239 81996 830106 -81996 748110 748110 5591202 306602 0 2844356 1477641 1477641 1530 1530 32838 32838 268139 268139 157402 120926 36476 13508 13508 29019 29019 15703 15703 53349 53349 53115 13098 40017 23327 23327 225971 225971 220033 220033 65260 65260 Payments to or on behal 947814 947814 Supplies 237035 232549 4486 Meals and entertainment 135617 135617 Memberships 31131 31131 64346 64346 4052778 3410464 637828 4486 183758 184665 5024590 2322415 905957 635500 288475 36508 9056443 2469680 6888792 6586763 51759296 60371665 65050868 70137516 121529 54651 0 338216 3062417 2752156 1010119 934128 542129 569197 4736194 4648348 X 2918176 2965209 57396498 62523959 60314674 65489168 65050868 70137516 1538424 3636070 0 X X 0 1 X 1 0 X 2553534 5529189 5552692 6665369 2440244 22741028 2553534 5529189 5552692 6665369 2440244 22741028 10065708 12675320 915916 1052989 1265914 1199320 1583712 6017851 501721 488161 488587 485932 502418 2466819 31225698 2690467 0.40590 0.48490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 57396498 2273790 5602146 2748475 62523959 46598705 6530809 8306192 4039208 57396498 47936773 7242182 -3861123 4719127 46598705 41258691 5437719 4291017 3050654 47936773 40018666 2126016 1090097 1976088 41258691 1 0 1936763 1936763 7057616 2444834 4612782 62064 24846 37218 6586763 Interest Rate Swap Liability 353175 Char. Rem. Trust Obligations 82211 Due to VSU Alumni Association 133811 569197 X 9079725 3636070 10988 103504 3750562 5329163 262039 262039 5591202 3905231 10988 103504 114492 3790739 262039 262039 4052778 Part X, Line 2: The Organization evaluates any income tax benefits generated from uncertain tax positions using a more-likely-than-not of being sustained upon examination analysis. If a tax benefit is not more-likely-than-not of being sustained upon examination, the Organization records a liability for the recognized income tax benefit. The Organization recognizes accrued interest associated with uncertain tax positions as part of interest expense and penalties associated with uncertain tax positions as part of other expenses. For the years ended December 31, 2020 and 2019, management believes there are no material amounts of uncertain tax positions. Additionally, there were no amounts of interest or penalties recognized in the statements of financial position as of December 31, 2020 and 2019 or the statements of activities for the years then ended. Further, all years subsequent to 2017 remain subject to examination by the IRS. Part XI, Line 2d - Other Adjustments: Rental expenses Loss on transfer of property to University System of GA Part XII, Line 2d - Other Adjustments: Rental expenses Loss on transfer of property to University System of GA Part V, Line 4: The accumulation of funds allows the Foundation to follow it's mission to designate resources for the academic, artistic, athletic, teaching, research and public service programs of the University. 1 Scholarships 647 1477640 N/A N/A 0 0 0 0 0 0 0 0 0 RICHARD CARVAJAL TRUSTEE 0 347220 0 0 0 0 0 0 0 0 0 347220 0 0 JOHN D CRAWFORD CEO 0 216863 0 0 0 0 0 0 0 0 0 216863 0 0 A Development Authority of Lowndes County 582186325 2007-11-01 5800000 Education Buildings 0 1 0 A 5589519 87000 5502519 2009 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 Form 990, Part VI, Section B, line 11b An officer reviews and signs Form 990; a copy of Form 990 is emailed to all trustees for review prior to filing. Form 990, Part VI, Section B, line 12c The organization regularly and consistently monitors and enforces compliance with its conflict-of-interest policy by annually reviewing and updating its policy as necessary, by requiring all new trustees, officers, directors and key employees to complete a written conflict-of-interest declaration, and by requiring all existing trustees, officers, directors and key employees to complete annual written conflict-of-interest declarations. Form 990, Part VI, Section C, line 19 Governing documents are made available for public inspection upon request. Form 990, Part XII, Line 2C: No change in the audit oversight process or the independent auditor selection process during the current year. VALDOSTA STATE UNIVERSITY 1500 N PATTERSON ST VALDOSTA GA 31698 586002072 EDUCATION GA 170b1A N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 VALDOSTA STATE UNIVERSITY J 523926 COST VALDOSTA STATE UNIVERSITY R 947814 COST