2018-09-04T11:53:09-05:00 2017-12-31 611015031 KRING RAY FARLEY & RIDDLE PSC 444 EAST MAIN STREET STE 203 LEXINGTON KY 40507 990 2017-01-01 611393028 THE GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC GOVE 5025731618 1024 CAPITAL CENTER DRIVE NO 210 FRANKFORT KY 40601 HAROLD H SMITH PRESIDENT 5025731630 2018-08-24 1 TAMMY DOYLE FARLEY P00067109 8592310541 2017 2022-09-23 18:48:47Z HAROLD H SMITH 1024 CAPITAL CENTER DRIVE NO 210 FRANKFORT KY 40601 782796 0 X HTTP://GSP.KY.GOV X 2001 KY TO PROVIDE FINANCIAL SUPPORT FOR THE GOVERNORS SCHOLARS PROGRAM, INC. 11 11 1 25 0 0 544072 429099 0 0 78776 110840 31402 32154 654250 572093 0 0 0 0 77690 75355 0 0 0 127991 129188 205681 204543 448569 367550 2750871 2884249 1772 1541 2749099 2882708 TO PROVIDE FINANCIAL SUPPORT FOR THE GOVERNOR'S SCHOLARS PROGRAM, INC. 0 0 204543 489994 FINANCIAL SUPPORT PROVIDED TO VARIOUS EDUCATIONAL PROGRAMS OF GOVERNOR'S SCHOLARS PROGRAM, INC. 204543 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 0 1 1 0 KY X X BONNIE MULLIN 5025731618 1024 CAPITAL CENTER DRIVE SUITE 210 FRANKFORT KY 40601 CHRISTEN MCDONOUGH BOONE CHAIR 1.00 X X 0 0 0 VINCE GABBERT VICE CHAIR 1.00 X X 0 0 0 WILLIAM MALONE TREASURER 3.00 X X 0 0 0 JIM BOOTH BOARD MEMBER 1.00 X 0 0 0 STEPHEN P CAMPBELL BOARD MEMBER 1.00 X 0 0 0 BEN CUNDIFF BOARD MEMBER 1.00 X 0 0 0 ERIC G FARRIS BOARD MEMBER 1.00 X 0 0 0 WAYNE M MARTIN BOARD MEMBER 1.00 X 0 0 0 NEIL RAMSEY BOARD MEMBER 1.00 X 0 0 0 ALICE SPARKS BOARD MEMBER 1.00 X 0 0 0 HAROLD H SMITH PRESIDENT AND SECRETARY 30.00 X X 70000 0 0 70000 0 0 0 0 0 0 0 11570 417529 429099 49945 49945 231704 170809 60895 60895 60895 0 11570 5025 -5025 -5025 72048 34869 37179 37179 572093 60895 0 82099 70000 70000 5355 5355 8542 8542 19336 19336 1216 1216 2526 2526 1809 1809 8368 8368 2855 2855 FUNDRAISING (MAILINGS) 48694 48694 ADMINISTRATIVE EXPENSE 27705 27705 PRINTING/PUBLICATIONS/P 4468 4468 TELEPHONE 2558 2558 1111 1111 204543 204543 0 0 191598 201534 161777 163324 6918 6140 19136 23760 2371442 2335519 153972 2750871 2884249 1772 1541 1772 1541 X 2130854 2264463 618245 618245 2749099 2882708 2750871 2884249 X 367550 191059 -425000 X X 0 1 X 1 0 X 530022 479631 492555 544155 429099 2475462 530022 479631 492555 544155 429099 2475462 358096 2117366 46298 48255 51259 52976 49945 248733 2724195 0.77720 0.77090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 618245 618245 618245 618245 618245 618245 618245 618245 618245 618245 1.00000 1 0 0 MICROSOFT CORP COM 153972 F 153972 768178 191060 191060 577118 -5025 -5025 572093 209568 5025 5025 204543 0 204543 PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS NOMINATE POTENTIAL NEW MEMBERS TO BOARD. POTENTIAL BOARD MEMBERS ARE VETTED BY THE BOARD AND ASKED TO JOIN IF APPROVED BY MAJORITY VOTE FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS REVIEWED BY THE BOARD AND ANY CHANGES THERETO ARE MADE AND APPROVED BY THE BOARD PRIOR TO FILING FORM 990 FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO NOTIFY PRESIDENT OF THE BOARD IF ANY CHANGES IN PREVIOUS CONFLICT OF INTEREST STATEMENT SUBMITTED AT BEGINNING OF YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S PERFORMANCE, SALARY AND BENEFITS PACKAGE ARE REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES WHICH HAS ACCESS TO COMPARABILITY DATA. THE PRESIDENT REVIEWS THE PERFORMANCE OF OTHER KEY EMPLOYEES AND MAKES RECOMMENDATIONS CONCERNING SALARY AND BENEFITS TO THE BOARD. THE BOARD MAKES THE FINAL DECISION ON COMPENSATION AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 BOARD MAKES GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XI, LINE 9: TRANSFER TO GOVERNORS SCHOLARS PROGRAM, INC. -425,000. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR THE GOVERNOR'S SCHOLARS PROGRAM INC 1024 CAPITAL CENTER DRIVE 210 FRANKFORT KY 40601 611026274 EDUCATIONAL PROGRAMS KY 501(C)(3) SECTION 170(B)(1)(A) 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0