2017-03-18T08:43:04-05:00 2016-12-31 611015031 KRING RAY FARLEY & RIDDLE PSC 444 EAST MAIN STREET STE 203 LEXINGTON KY 40507 990 2016-01-01 611393028 THE GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC GOVE 5025731618 1024 CAPITAL CENTER DRIVE NO 210 FRANKFORT KY 40601 HAROLD H SMITH PRESIDENT 5025731630 2017-03-17 1 TAMMY DOYLE FARLEY P00067109 8592310541 74.143.220.2 2017-03-17 09:19:14 ED P 6AC731A36F480EDDC7AC3868F66C6EF9D0777AAB 85A3A217B3F2CC85D84D8C8A8E4BBF06A6EB772F 2016 2021-01-29 14:40:06Z HAROLD H SMITH 1024 CAPITAL CENTER DRIVE NO 210 FRANKFORT KY 40601 799507 0 X HTTP://GSP.KY.GOV X 2001 KY TO PROVIDE FINANCIAL SUPPORT FOR THE GOVERNORS SCHOLARS PROGRAM, INC. 11 11 3 25 0 0 505320 544072 71130 0 64390 78776 -4795 31402 636045 654250 0 0 0 0 76877 77690 0 0 0 150010 127991 226887 205681 409158 448569 2666307 2750871 1115 1772 2665192 2749099 TO PROVIDE FINANCIAL SUPPORT FOR THE GOVERNOR'S SCHOLARS PROGRAM, INC. 0 0 205681 52976 FINANCIAL SUPPORT PROVIDED TO VARIOUS EDUCATIONAL PROGRAMS OF GOVERNOR'S SCHOLARS PROGRAM, INC. 205681 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 3 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 11910 532162 544072 52976 52976 131204 105404 25800 25800 25800 0 11910 5238 -5238 -5238 71255 34615 36640 36640 654250 52976 0 57202 70000 70000 2197 2197 5493 5493 8700 8700 19011 19011 1280 1280 6909 6909 1841 1841 7992 7992 2824 2824 FUNDRAISING (MAILINGS) 37481 37481 ADMINISTRATIVE EXPENSE 31138 31138 PRINTING/PUBLICATIONS/P 4100 4100 TELEPHONE 3485 3485 3230 3230 205681 205681 0 0 255494 191598 152065 161777 6749 6918 15294 19136 2236705 2371442 2666307 2750871 1115 1772 1115 1772 X 2046947 2130854 618245 618245 2665192 2749099 2666307 2750871 X 448569 115338 -480000 X X 0 1 X 1 0 X 487255 530022 479631 492555 544155 2533618 487255 530022 479631 492555 544155 2533618 388606 2145012 50040 46298 48255 51259 52976 248828 2782446 0.77090 0.74460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 618245 618245 618245 618245 618245 618245 618245 618245 618245 618245 1.00000 0 0 0 774826 115338 115338 659488 -5238 -5238 654250 210919 5238 5238 205681 0 205681 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. -480,000. 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