2018-04-10T12:14:52-05:00 2017-06-30 560517823 Koonce Wooten & Haywood LLP P O Box 17806 Raleigh NC 276197806 990 2016-07-01 566044358 AUBREY LEE BROOKS FOUNDATION AUBR 9195498614 P O BOX 13663 RESEARCH TRIANGLE PARK NC 277093663 SHARON GRUBB SECRETARY & DIRECTOR 9192484642 2018-03-07 1 Christopher Duffus P00171587 9197829265 24.106.199.106 2018-03-07 10:57:27 ES P 0980197F70138E21CFC0DEA44E2CC3AE3CC8D18E 0980197F70138E21CFC0DEA44E2CC3AE3CC8D18E 2016 2021-01-29 14:40:06Z SHARON GRUBB P O BOX 14103 RESEARCH TRIANGLE PARK NC 277094103 7433015 0 X SEE STATEMENT X FOUNDATION 1955 NC PROVIDING SCHOLARSHIPS TO THREE NORTH CAROLINA UNIVERSITIES 11 11 0 11 0 0 0 0 0 0 732850 2235752 0 0 732850 2235752 895544 841963 0 0 0 0 0 0 0 140384 152154 1035928 994117 -303078 1241635 26271633 28368425 0 0 26271633 28368425 TO PROMOTE THE EDUCATION OF DESERVING YOUTH FROM A 14-COUNTY AREA OF NORTH CAROLINA BY PROVIDING SCHOLARSHIPS AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL, NORTH CAROLINA STATE UNIVERSITY IN RALEIGH, OR THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO. 0 0 847751 841963 PROVIDED 65 STUDENTS WITH SCHOLARSHIP FUNDS THROUGH THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL, NORTH CAROLINA STATE UNIVERSITY IN RALEIGH, AND THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO. 847751 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 0 0 X MS SHARON GRUBB 9192484672 NCSEAA PO BOX 14103 RESEACH TRIANGLE PARK NC 277094103 X SHARON GRUBB SECRETARY & DIRECTOR 0.00 X 0 0 0 JAMES TAYLOR BROOKS JR TRUSTEE 0.00 X 0 0 0 PHYLLIS BROOKS TRUSTEE 0.00 X 0 0 0 HELEN E BROOKS TRUSTEE 0.00 X 0 0 0 SHERRILL M LYBROOK TRUSTEE 0.00 X 0 0 0 CAROL FOLT TRUSTEE 0.00 X 0 0 0 FRANKLIN D GILLIAM JR TRUSTEE 0.00 X 0 0 0 WILLIAM R WOODSON TRUSTEE 0.00 X 0 0 0 ANDREA POOLE TRUSTEE 0.00 X 0 0 0 JONATHAN PRUITT TRUSTEE 0.00 X 0 0 0 MARGARET SPELLINGS TRUSTEE 0.00 X 0 0 0 0 0 0 0 0 0 0 0 2048756 2048756 5384259 5197263 186996 186996 186996 2235752 0 0 2235752 841963 841963 13000 13000 8150 8150 124454 124454 762 762 4756 4756 PRINTING 1032 1032 994117 847751 146366 0 853733 539198 25417080 27826890 820 2337 26271633 28368425 0 0 X 25291633 27388425 980000 980000 26271633 28368425 26271633 28368425 1241635 855157 0 X 0 1 X 1 0 X X 3 NC STATE UNIVERSITY 566000756 2 1 295489 0 UNC-CHAPEL HILL 566001393 2 1 401346 0 UNC-GREENSBORO 566001468 2 1 145128 0 3 841963 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 26271633 3090909 841963 5788 146366 28368425 27910941 -603380 895544 5573 134811 26271633 28939641 73195 956803 4386 140706 27910941 26230100 3749144 912868 10097 116638 28939641 24692947 2532386 875080 5292 114861 26230100 0.03450 0.96550 1 0 0 3090909 855157 855157 2235752 0 2235752 994117 0 994117 0 994117 FORM 990, SCHEDULE D, PART V, LINE 4 THE FOUNDATION'S ENDOWMENT FUND IS THE SOLE MEANS OF REVENUE OF THE FOUNDATION. IT IS INTENDED TO GENERATE ENOUGH INCOME TO SUPPORT THE OPERATIONS OF THE FOUNDATION EACH YEAR, AND ALSO TO PROVIDE GROWTH TO OFFSET FUTURE INFLATION. 1 SCHOLARSHIPS TO THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL 31 401346 SCHOLARSHIPS TO NORTH CAROLINA STATE UNIVERSITY IN RALEIGH 22 295489 SCHOLARSHIPS TO THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO 12 145128 Part I, Line 2: COUNTY COMMITTEES CHOOSE SCHOLARSHIP RECIPIENTS BASED ON FINANCIAL NEED, MERIT, LEADERSHIP, CHARACTER, AND THE WILL OF THE RECIPIENT TO HELP HIMSELF OR HERSELF PREPARE FOR A CAREER AS A USEFUL AND INFORMED CITIZEN. THESE COMMITTEES ARE OVERSEEN BY A CENTRAL COMMITTEE COMPOSED OF SCHOLARSHIP, FINANCIAL AND ENROLLMENT SPECIALISTS FROM THE THREE UNIVERSITIES. TUITION PAYMENTS ARE DISBURSED DIRECTLY TO THE UNIVERSITIES. EACH UNIVERSITY MONITORS THEIR SCHOLARSHIP RECIPIENTS FOR CONTINUING ELIGIBILITY IN TERMS OF FINANCIAL NEED, FULL-TIME ENROLLMENT, AN ACCEPTABLE CUMULATIVE GRADE POINT AVERAGE, AND GOOD CITIZENSHIP. SCHOLARSHIP PAYMENTS FOR A ONE-TIME COMPUTER ALLOWANCE AND FOR SUMMER INTERNSHIPS, RESEARCH OR STUDY ABROAD ARE MONITORED BY THE NORTH CAROLINA STATE EDUCATION ASSISTANCE AUTHORITY THROUGH EXAMINATION OF RECEIPTS, TIME SHEETS SIGNED BY THE EMPLOYER, PROGRAM COSTS AND BUDGETS PUBLISHED BY THE SPONSORING SCHOOL, AND OTHER EVIDENCIARY MATERIAL. Form 990, Part VI, Section A, line 2 FOUR MEMBERS OF THE BOARD OF TRUSTEES ARE GRANDCHILDREN OF THE ORIGINAL DONOR WHO CREATED THE FOUNDATION. Form 990, Part VI, Section A, line 8a THE BOARD OF TRUSTEES OF THE FOUNDATION DID NOT MEET DURING THE YEAR ENDED JUNE 30, 2017. Form 990, Part VI, Section B, line 11b FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER UPON FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c ALL TRUSTEES OF THE FOUNDATION ARE REMINDED ANNUALLY THAT THEY MUST DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST TO THE BOARD. IN ADDITION, THE TRUSTEES ARE REQUIRED TO SIGN A WRITTEN CONFLICT OF INTEREST POLICY ANNUALLY. Form 990, Part VI, Section C, line 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 FOR THE PAST THREE YEARS ARE AVAILABLE UPON REQUEST AT THE OFFICES OF THE NORTH CAROLINA STATE EDUCATION ASSISTANCE AUTHORITY WHICH PROVIDES CENTRAL ADMINISTRATION FOR THE FOUNDATION. Form 990, Part VII Contact Addresses for Officers, Directors, Etc SHARON GRUBB - P.O. BOX 14103, RESEARCH TRIANGLE PARK, NC 27709. JAMES TAYLOR BROOKS, JR. - 2110 CARLISLE ROAD, GREENSBORO, NC 27408. PHYLLIS BROOKS - 45 FIFER LANE #45, LEXINGTON, MA 02420. HELEN E. BROOKS - 409 SUNSET DRIVE, GREENSBORO, NC 27408. SHERRILL M. LYBROOK - 8 SABA LANE, TIBURON, CA 94920. CAROL FOLT - 103 SOUTH BUILDING CAMPUS BOX 9100, CHAPEL HILL, NC 27599-9100. FRANKLIN D. GILLIAM, JR. - UNC GREENSBORO, 303 MOSSMAN BUILDING, GREENSBORO, NC 27402-6170. WILLIAM R. WOODSON - NC STATE UNIVERSITY CAMPUS BOX 7001, RALEIGH, NC 27695-7001. ANDREA POOLE - THE UNIVERSITY OF NORTH CAROLINA P.O. BOX 2688, CHAPEL HILL, NC 27515-2688. JONATHAN PRUITT - THE UNIVERSITY OF NORTH CAROLINA P.O. BOX 2688, CHAPEL HILL, NC 27515-2688. MARGARET SPELLINGS - THE UNIVERSITY OF NORTH CAROLINA P.O. BOX 2688, CHAPEL HILL, NC 27515-2688. FORM 990, PART 1, LINE J ALTHOUGH THE FOUNDATION DOES NOT MAINTAIN ITS OWN WEBSITE, INFORMATION ABOUT THE SCHOLARSHIPS OFFERED BY THE FOUNDATION CAN BE FOUND AT THE FOLLOWING WEB ADDRESS: www.ncseaa.edu/brooks.htm