2017-11-06T12:46:39-06:00 2017-06-30 454084437 Warren Averett LLC Six Concourse Parkway Suite 600 Atlanta GA 30328 990 2016-07-01 581577237 Armstrong State University Foundation Inc ARMS 9123442541 11935 Abercorn Street Savannah GA 314195740 JAMES SHORE INTERIM VP FOR BUS. & FINANCE 9123442541 2017-11-03 1 Susan Hill P00846200 7703961100 2017-11-03 209.136.244.2 2017-11-03 10:43:25 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 96E2FF432068B087D6BCD4000A4A7A41176E8E18 2016 2017-02-10 21:41:12Z JENNIFER L FRUM 11935 Abercorn Street Savannah GA 314195740 5212525 0 X www.armstrong.edu/give/foundation X 1984 GA ARMSTRONG STATE UNIVERSITY FOUNDATION, INC ("FOUNDATION') RAISES FUNDS TO SUPPORT STUDENT SCHOLARSHIPS AND THE SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES OF ARMSTRONG STATE UNIVERSITY. 19 15 0 15 0 0 1410698 4582380 0 0 333610 474516 -23365 0 1720943 5056896 1176297 1216299 0 0 0 0 52667 0 33862 218260 156828 1447224 1373127 273719 3683769 10390792 14467895 0 0 10390792 14467895 ARMSTRONG STATE UNIVERSITY FOUNDATION, INC ("FOUNDATION') RAISES FUNDS TO SUPPORT STUDENT SCHOLARSHIPS AND THE SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES OF ARMSTRONG STATE UNIVERSITY. 0 0 1237675 1216299 ARMSTRONG STATE UNIVERSITY FOUNDATION, INC. ("FOUNDATION") PROVIDED SCHOLARSHIPS AND OTHER ASSISTANCE TO 516 STUDENTS. THE STUDENTS RECEIVING SCHOLARSHIPS ARE SELECTED BY A SCHOLARSHIP COMMITTEE COMPRISED OF ASU FACULTY AND STAFF. IN ADDITION, THE FOUNDATION PROVIDED THE UNIVERSITY WITH FUNDS FOR FACULTY SALARY SUPPLEMENTS, LABORATORY SUPPLIES/EQUIPMENT AND OPERATING PROGRAMS. 1237675 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 26 0 0 0 0 0 0 0 1 1 0 0 0 0 X 19 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X X Jessica Henderson 9123442621 11935 Abercorn Street Savannah GA 314195740 Dr Linda M Bleicken Immediate Past President 1.00 39.00 X X 0 251420 35135 E Lee Davis Immediate past Secretary 1.00 39.00 X X 0 144408 26818 William P Kelso Executive Vice President 1.00 39.00 X 0 149903 37836 Maj Gen John F Sobke Ret PAST Chairman 1.00 X 0 0 0 Ellen B Bolch Trustee 1.00 X 0 0 0 Stephanie L Duttenhaver Trustee 1.00 X 0 0 0 Andrew H Ernst CHAIRMAN 1.00 X 0 0 0 Susan M Hancock Trustee 1.00 X 0 0 0 Paul Hinchey Trustee 1.00 X 0 0 0 Eric B Johnson Trustee 1.00 X 0 0 0 Michael F Kemp Trustee 1.00 X 0 0 0 Benjamin E Price Trustee 1.00 X 0 0 0 Alex Salgueiro Trustee 1.00 X 0 0 0 Lt Col James E Vaughn Ret Trustee 1.00 X 0 0 0 Dr Irving Victor Trustee 1.00 X 0 0 0 MR SOMEARI BENSON-JAJA Trustee 1.00 X 0 0 0 MR CARLTON HODGES TRUSTEE 1.00 X 0 0 0 QUENTIN L MARLIN TRUSTEE 1.00 X 0 0 0 DIANA MORRISON TRUSTEE 1.00 X 0 0 0 CAMILLE RUSSO TRUSTEE 1.00 X 0 0 0 JAMES THOMAS JR TRUSTEE 1.00 X 0 0 0 Christopher Corrigan Immediate Past Treasurer 1.00 39.00 X 0 182667 20893 0 728398 120682 0 0 1 0 0 4582380 55087 4582380 205542 205542 424603 155629 268974 268974 268974 5056896 0 0 474516 536393 536393 679906 679906 34532 34532 47105 47105 16438 16438 11625 77 11548 1025 1025 3603 3603 Fundraising Expense 17424 17424 Community Service 16783 16783 Dues and subscriptions 4802 4802 Food/Meal reimbursement 3491 3491 1373127 1237675 101590 33862 849620 2942915 235820 350029 236427 1780924 10000 0 9058925 9394027 10390792 14467895 0 0 X 272200 412689 4497344 8346645 5621248 5708561 10390792 14467895 10390792 14467895 3683769 393334 0 X 0 1 X 1 0 X 1168752 1097425 1265620 1410698 4582380 9524875 1168752 1097425 1265620 1410698 4582380 9524875 4064563 5460312 186072 181793 209322 184739 205542 967468 10492343 0.52040 0.77140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8444749 111781 746644 305499 8997675 7858463 326167 491241 231122 8444749 7247910 122457 577275 161212 7786430 6198345 108209 1132262 190906 7247910 8192375 142117 574765 2546677 164235 6198345 0.01000 0.63000 0.36000 0 0 0 Mutual Funds 35070 F Common stocks 6923485 F Exchange Traded Funds 1022568 F Corporate debt securities 1352768 F Government debt securities 60136 F 9394027 X 5868882 393334 418652 811986 5056896 0 5056896 1791779 418652 418652 1373127 0 1373127 Part V, Line 4: ENDOWMENT INCOME IS USED TO PROVIDE STUDENT SCHOLARSHIPS AND FUNDS FOR VARIOUS ARMSTRONG STATE UNIVERSITY EDUCATIONAL AND OPERATIONAL PURPOSES. Part X, Line 2: The Foundation is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Foundation is not a private foundation within the meaning of Section 509(a) of the Internal Revenue Code. The Foundation is subject to federal income tax on unrelated business income. The Foundation has evaluated the effect of GAAP on Accounting for Uncertainty in Income Taxes. Management believes that the Foundation continues to satisfy the requirements of a tax-exempt organization. Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined that the Foundation had no uncertain income tax positions at June 30, 2017 and 2016. 1 Armstrong State University 11935 Abercorn Street Savannah GA 314195740 586000063 501(c)(3) 536393 ARMSTRONG STATE UNIVERSITY FOUNDATION, INC. PROVIDES ASSISTANCE TO ARMSTRONG STATE UNIVERSITY. THE FOUNDATION PROVIDES FUNDS FOR FACULTY SALARY SUPPLEMENTS, LABORATORY SUPPLIES/EQUIPMENT AND OPERATING PROGRAMS. 1 Scholarships 516 679906 Part I, Line 2: THE FOUNDATION PROVIDES FUNDS UPON REQUEST TO ARMSTRONG STATE UNIVERSITY FOR SCHOLARSHIPS, FACULTY SALARY SUPPLEMENTS, CLASSROOM SUPPLIES AND OTHER PROGRAM RELATED EXPENSES. THE SCHOLARSHIP RECIPIENTS ARE SELECTED BY A SCHOLARSHIP COMMITTEE COMPRISED OF FACULTY AND STAFF OF THE UNIVERSITY. THE SCHOLARSHIP FUNDS ARE PAID BY THE FOUNDATION DIRECTLY TO THE UNIVERSITY. 0 0 0 0 0 0 0 0 0 Dr Linda M Bleicken Immediate Past President 0 251420 0 0 0 0 0 35135 0 0 0 286555 0 0 E Lee Davis Immediate past Secretary 0 144408 0 0 0 0 0 26818 0 0 0 171226 0 0 William P Kelso Executive Vice President 0 149903 0 0 0 0 0 37836 0 0 0 187739 0 0 Christopher Corrigan Immediate Past Treasurer 0 182667 0 0 0 0 0 20893 0 0 0 203560 0 0 Schedule J, Part II ARMSTRONG STATE UNIVERSITY FOUNDATION, INC. HAS NO EMPLOYEES. THE LISTED OFFICERS OF ARMSTRONG STATE UNIVERSITY FOUNDATION, INC. ARE EMPLOYED BY ARMSTRONG STATE UNIVERSITY. X Gift-in-Kind 37 55087 FAIR MARKET VALUE 0 0 1 0 Form 990, Part VI, Section B, line 11b A COPY IS PROVIDED TO THE ENTIRE GOVERNING BOARD. AFTER BEING MADE AVAILABLE TO THE GOVERNING BOARD, THE FORM 990 IS FILED UNLESS MATERIAL COMMENTS OR QUESTIONS ARE RAISED OR REVISIONS ARE REQUIRED. Form 990, Part VI, Section B, line 12c ALL MEMBERS OF THE BOARD ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THE FOUNDATION MAINTAINS A COPY OF THE SIGNATURE INDICATING COMPLIANCE WITH THE RULES. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAINTAINS AT ITS OFFICE THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, FORM 990 AND FORM 1023 WHICH ARE AVAILABLE FOR PUBLIC INSPECTION. Armstrong State University 11935 Abercorn Street Savannah GA 31419 586000063 Educational Institution GA 115(1) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 Armstrong State University (Departmental program expense reimbursement) Q 889232 Audited Financial Statements Armstrong State University (Payroll deductions for employee gifts) S 64114 Audited Financial Statements