2021-11-08T07:13:43-06:00 2021-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2020-07-01 586043972 GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION INC GEOR 4784455400 CAMPUS BOX 96 MILLEDGEVILLE GA 31061 LEE FRUITTICHER INTERIM EXECUTIVE DIRECTOR 4784455400 2021-11-04 1 LEE FRUITTICHER 999009999 MARY JO ALEXANDER P00002534 7709558600 2021-11-04 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LES CALLAHAN CAMPUS BOX 96 MILLEDGEVILLE GA 31061 10824849 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. 42 42 6 51 35876 34876 2689224 3570846 4674694 4645619 1406256 1898779 98316 62204 8868490 10177448 1074660 3257951 0 0 0 0 0 0 76970 5592609 4152436 6667269 7410387 2201221 2767061 139800024 66057685 103757637 9848650 36042387 56209035 TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS 0 0 3257951 3257951 GRANTING OF SCHOLARSHIPS AND EDUCATIONAL SUPPORT ACTIVITIES TO GEORGIA COLLEGE & STATE UNIVERSITY TO FURTHER THE EDUCATIONAL EXPERIENCE OF THE STUDENTS. 3805937 4645619 RENTAL OF STUDENT HOUSING AND PARKING TO GEORGIA COLLEGE & STATE UNIVERSITY. 7063888 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 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 22 0 1 6 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 42 42 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 MIKE GARRETT CHAIR 0.00 X X 0 0 0 LESLIE CALLAHAN 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 DON BEASLEY CHAIR - INVESTMENT COMMITTEE 0.00 X 0 0 0 TED SMITH CHAIR - LLC BOARDS 0.00 X 0 0 0 JEFFREY WANSLEY CHAIR - STEWARDSHIP 0.00 X 0 0 0 SUSAN STEWART CHAIR - TRUSTEE DEVELOPMENT 0.00 X 0 0 0 E ALEXANDER GREGORY JR CHAIR-FUNDRAISING COMMITTEE 0.00 X 0 0 0 E MAX CROOK CHAIR-REAL PROPERTY COMMITTEE 0.00 X 0 0 0 STAN WILSON VICE-CHAIR - FINANCE 0.00 X 0 0 0 GENIE CHAMBERLIN VICE-CHAIR - FUNDRAISING 0.00 X 0 0 0 RICHARD RUSSELL VICE-CHAIR - REAL PROPERTY 0.00 X 0 0 0 ANRESA DAVIS VICE-CHAIR - STEWARDSHIP 0.00 X 0 0 0 CHRIS CLARK VICE-CHAIR - TRUSTEE DEVELOPMENT 0.00 X 0 0 0 SUSAN ALLEN EX-OFFICIO 0.00 X 0 0 0 DONNA BARWICK TRUSTEE 0.00 X 0 0 0 PAM BOOKER TRUSTEE 0.00 X 0 0 0 MARIE CHISHOLM-BURNS TRUSTEE 0.00 X 0 0 0 DEREK CHITWOOD TRUSTEE 0.00 X 0 0 0 STEVE DORMAN TRUSTEE 0.00 X 0 0 0 ELLEN GOODRICH TRUSTEE 0.00 X 0 0 0 RYAN GREENE TRUSTEE 0.00 X 0 0 0 FLOYD GRIFFIN TRUSTEE 0.00 X 0 0 0 ROBERT GRIFFITH 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 BUTLER RAINES TRUSTEE 0.00 X 0 0 0 DONALD RHODES TRUSTEE 0.00 X 0 0 0 ROY ROBINSON TRUSTEE 0.00 X 0 0 0 DILANKA SEIMON TRUSTEE 0.00 X 0 0 0 MARIA SHEFFIELD TRUSTEE 0.00 X 0 0 0 WESLEY SIMPSON 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 PAM TRAWICK TRUSTEE 0.00 X 0 0 0 NATHAN GRAHAM STUDENT TRUSTEE 0.00 X 0 0 0 MONICA DELISA EXECUTIVE DIRECTOR 40.00 X 195956 0 21343 LEE FRUITTICHER INTERIM EXECUTIVE DIRECTOR 40.00 X 128268 0 12207 324224 0 33550 2 0 1 0 0 3570846 87995 3570846 DIRECT FINANCING LEASE INCOME 531190 4096860 4096860 RENTAL INCOME 531120 548759 548759 4645619 1077027 35876 1041151 19800 0 19800 19800 19800 1469153 647401 821752 821752 821752 MISC. FOUNDATION ACTIVITIES 611710 41375 41375 NET INSURANCE PROCEEDS 900099 1029 1029 42404 10177448 4645619 35876 1925107 3257951 3257951 472 472 23528 23528 211677 211677 115066 108007 5726 1333 16983 16800 183 18361 10361 1025 6975 64888 19252 1650 43986 8673 6328 2345 8102 8102 39339 38443 896 3480587 3477231 3356 5855 5855 18739 10554 8185 UBI TAX 4174 4174 GIFT ANNUITY PAYMENTS 33574 33574 REPAIRS AND MAINTENANCE 24511 15711 8800 DECORATIONS, FLOWERS, A 20336 17706 2630 57571 37541 1408 18622 7410387 7063888 269529 76970 3562763 4652387 1320101 1743895 8975 3856 12702 45766 1750468 88235 1658265 1662233 39265616 52539387 13208310 2090560 80763292 3319601 139800024 66057685 148601 37472 89447047 2429985 48350 124457 14113639 7256736 103757637 9848650 X 4557661 15031551 31484726 41177484 36042387 56209035 139800024 66057685 X 2767061 8593914 8805673 X X 0 1 X 1 0 X 3279909 5025404 3074223 2689224 3570846 17639606 438182 454507 498183 512296 452114 2355282 3718091 5479911 3572406 3201520 4022960 19994888 4354136 15640752 1012300 1198944 1263540 1193373 1096827 5764984 76327 192170 370921 113455 41375 794248 26554120 25719648 0.58900 0.61960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33200 1244117 X X 0 34098640 2482328 9556359 1337123 44800204 34224068 1476891 -417142 1185177 34098640 32645447 1699140 892193 1012712 34224068 29702258 1410572 2443949 911332 32645447 25420181 1912016 3244705 874644 29702258 0.15000 0.56000 0.29000 0 0 1423900 1423900 234365 5509 228856 92203 82726 9477 1662233 CASH SURRENDER VALUE OF LIFE INS 53235 MANSION FURNISHINGS 536583 OTHER 1307 NET INVESTMENT IN DIRECT FINANCING LEASES 2020942 DONATED ART 707534 3319601 ACCRUED INTEREST PAYABLE 36429 ANNUITY PAYABLE 700434 FUNDS HELD FOR OTHERS 6517873 RELATED PARTY PAYABLE 2000 7256736 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. 1 GEORGIA COLLEGE & STATE UNIVERSITY 231 WEST HANCOCK STREET MILLEDGEVILLE GA 31061 586002064 1008785 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 530320 OTHER SUPPORT TO UNIVERSITY GEORGIA COLLEGE & STATE UNIVERSITY ALUMNI ASSOCIATION INC CAMPUS BOX 96 MILLEDGEVILLE GA 31061 237194778 25000 TO PROVIDE FINANCIAL SUPPORT UNIVERSITY SYSTEM OF GEORGIA FOUNDATION 270 WASHINGTON ST SW ATLANTA GA 30334 586333106 1693846 TO SUPPORT FUTURE UNIVERSITY RESERVE AND REPLACEMENT 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 MONICA DELISA EXECUTIVE DIRECTOR 195956 0 0 0 0 0 0 0 21343 0 217299 0 0 0 FORM 990 PART VII LINE 1A LISTED ON FORM 990 PART VII LINE 1A IS EXECUTIVE DIRECTOR, MONICA DELISA, AND INTERIM EXECUTIVE DIRECTOR, LEE FRUITTICHER, WHOSE COMPENSATION IS PAID BY AND UNRELATED ENTITY, GEORGIA COLLEGE & STATE UNIVERSITY AND REPORTED UNDER EIN# 58-6002064. TOTAL REPORTABLE COMPENSATION FOR CALENDAR 2021 WAS $217,299 AND $140,475, RESPECTIVELY. A DEVELOPMENT AUTHORITY OF THE CITY OF MILLEDGEVILLE AND BALDWIN COUNTY 2003-12-01 7840000 REAL ESTATE CONSTRUCTION 0 0 0 A 5365000 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 2 33200 APPRAISAL X 85 FMV X 1 54710 APPRAISAL 1 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS. 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: LOSS ON INTEREST RATE SWAP - CHANGE IN LIABILITY 2,662,282. GAIN ON EXTINGUISHMENT OF DEBT 6,143,391. 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 V, LINE 2A AND 2B GEORGIA COLLEGE & STATE UNIVERSITY ALUMNI ASSOCIATION 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 $ 452,114. GC&SU FOUNDATION LLC II CAMPUS BOX 96 MILLEDGEVILLE GA 31061 REAL ESTATE OWNERSHIP/LEASING TO GA. COLLEGE & STATE UNIVERSITY GA 210056 4111502 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 20839 1635549 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 7570912 0 GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION INC