2021-07-13T12:08:22-07:00 2020-08-31 750946514 McClanahan and Holmes LLP CPA 304 West Chestnut Denison TX 75020 990 2019-09-01 752436355 GRAYSON COLLEGE FOUNDATION GRAY 9034656030 6101 GRAYSON DRIVE FM 691 DENISON TX 75020 GILES BROWN Treasurer 2021-07-13 true MICHELLE KYZAR P01221970 9034656070 2019 2022-09-23 18:48:47Z GILES BROWN 6101 GRAYSON DRIVE FM 691 DENISON TX 75020 13936088 false X WWW.GRAYSON.EDU X 1991 TX SECURE RESOURCES FOR GRAYSON COLLEGE. 18 18 0 0 1575120 531116 0 749778 886101 18896 4747 2343794 1421964 507407 565797 0 0 0 49343 85726 182941 593133 748738 1750661 673226 16120389 17113372 234 16913 16120155 17096459 THE FOUNDATION SERVES GRAYSON COLLEGE THROUGH THE DEVELOPMENT OF PUBLIC UNDERSTANDING AND PHILANTHOPIC SUPPORT. THE FOUNDATION ENCOURAGES MUTUALLY BENEFICIAL RELATIONSHIPS BETWEEN THE COLLEGE AND ITS VARIOUS CONSTITUENCIES. false false 565797 SCHOLARSHIPS AWARDED TO STUDENTS 128741 RESOURCES PROVIDED FOR VARIOUS PROGRAMS AT THE COLLEGE, INCLUDING ASSISTANCE WITH FACILITY IMPROVEMENTS AND EQUIPMENT ACQUISITIONS. 694538 true true false false false false false false false true true false false false false false false false false false false false false false false false false false true false false false false false false false false false false true false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 18 18 false false false false false false false true false false false false false false false false false false X DANIEL HYATT 9034656030 6101 GRAYSON DRIVE DENISON TX 75020 X MARK ANDERSON Director 0.00 0.00 X 0 0 0 SUE-LYNN VOIGT Chairman 1.00 0.00 X X 0 0 0 CATHY EUBANK Director 0.00 0.00 X 0 0 0 DIANA WILLIAMS Director 0.00 0.00 X 0 0 0 TRACEY BULLARD Director 0.00 0.00 X 0 0 0 ROBERT CRAWLEY Director 0.00 0.00 X 0 0 0 LAURA DAPKUS Director 0.00 0.00 X 0 0 0 T R FLETCHER Director 0.00 0.00 X 0 0 0 MELANIE GRAMMAR Director 0.00 0.00 X 0 0 0 CHARLES SCHWEIZER Director 0.00 0.00 X 0 0 0 JERRY HOLBERT Director 0.00 0.00 X 0 0 0 LYN JOSTES Director 0.00 0.00 X 0 0 0 BRIDGET RENFROE Director 0.00 0.00 X 0 0 0 ADMIRAL WILLIAM RETZ Vice Chairman 1.00 0.00 X X 0 0 0 PHIL ROETHER Secretary 1.00 0.00 X X 0 0 0 GEORGE WOODROOF Director 0.00 0.00 X 0 0 0 ZACKARY FLORES Director 0.00 0.00 X 0 0 0 GILES BROWN Treasurer 0.00 0.00 X X 0 0 0 0 false false false 0 531116 10000 531116 0 318956 318956 0 5814 5814 0 13066045 12498900 567145 567145 567145 14157 15224 -1067 0 0 0 1421964 567145 324770 0 565797 565797 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6653 4623 182 1848 9020 6268 247 2505 0 0 0 0 5299 5299 0 DEPARTMENTAL COSTS 161969 112551 4428 44990 0 748738 694538 4857 49343 1255971 1442599 0 0 0 0 0 205858 202121 0 0 1173562 68488 1100373 1105074 13531652 14338426 0 0 0 26535 25152 16120389 17113372 234 16913 234 16913 X 318391 322857 15801764 16773602 16120155 17096459 16120389 17113372 673226 400674 -97596 X X false true X false false X 543452 1057391 610633 675120 521116 3407712 0 0 543452 1057391 610633 675120 521116 3407712 1771284 1636428 273299 151206 334294 375308 324770 1458877 0 0 4866589 0.33630 0.38780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15019782 504616 1082643 565797 177642 15863602 14613957 665120 328539 507407 80427 15019782 13585947 610633 1029301 535631 76293 14613957 11510309 1021176 1443648 324030 65156 13585947 10392527 485588 1292593 628799 31600 11510309 false false false 6000 6000 64669 -124405 189074 192893 192893 910000 910000 1105074 Part V, Line 4: Intended uses of the endowment fund. THE ENDOWMENT FUNDS ARE UTILIZED TO PAY SCHOLARSHIPS TO STUDENTS ATTENDING GRAYSON COLLEGE. true 0 0 SCHLRSHP TO ATTEND GRAYSON COLLEGE 460 565797 Grantmaker's Description of How Grants are Used THE FOUNDATION REVIEWS APPLICATIONS FOR SCHOLARSHIPS AND AWARDS SCHOLARSHIPS BASED UPON THE NEEDS AND MERITS OF THE STUDENTS. SCHOLARSHIP AWARDS ARE PAID BY THE FOUNDATION DIRECTLY TO GRAYSON COLLEGE TO ENSURE AMOUNTS ARE USED FOR INTENDED PURPOSES. X 2 10000 COMP. SALES false false false Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings THE FOUNDATION'S COMMITTEES REVIEW MATTERS AND MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS BUT DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. CONSEQUENTLY, NO MINUTES OR OTHER DOCUMENTATION ARE MAINTAINED. Form 990, Part VI, Line 11b: Form 990 Review Process THE FOUNDATION'S TREASURER IS CHARGED WITH REVIEWING AND APPROVING FORM 990 PRIOR TO FILING OF THE RETURN. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AS WELL AS GENERALIZED FINANCIAL INFORMATION WOULD BE MADE AVAILABLE UPON WRITTEN REQUEST TO THE FOUNDATION. Form 990, Part XII, Line 1, Accounting Method Accounting method used to prepare the Form 990 was inadvertently reported as cash basis in prior year instead of accrual basis. There has been no change in the method of accounting from the prior year.