2016-11-09T08:21:28-06:00 2016-06-30 580692043 Mauldin & Jenkins LLC P O Box 1877 Macon GA 312021877 990 2015-07-01 586043972 GEORGIA COLLEGE & STATE UNIVERSITY FOUNDATION INC GEOR 4784455400 CAMPUS BOX 96 MILLEDGEVILLE GA 31061 Monica Delisa Executive Director 4784455400 2016-11-07 1 Meredith Lipson P00241723 4784648000 2016-11-07 2015 2017-02-10 21:41:12Z Monica Delisa 320 North Wayne Street Milledgeville GA 31061 13194542 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. 36 34 0 46 0 0 2263267 1797426 5610143 5550616 1097361 981185 -21740 12187 8949031 8341414 655847 711844 0 0 0 0 0 0 187286 6180304 6670225 6836151 7382069 2112880 959345 143269729 141178748 124029837 123822687 19239892 17356061 To encourage, solicit, receive and administer gifts and bequests 0 0 2044979 711844 59779 GRANTING OF SCHOLARSHIPS AND EDUCATIONAL SUPPORT ACTIVITIES TO GEORGIA COLLEGE & STATE UNIVERSITY TO FURTHER THE EDUCATIONAL EXPERIENCE OF THE STUDENTS. 5106872 5550616 RENTAL OF STUDENT HOUSING AND PARKING TO GEORGIA COLLEGE & STATE UNIVERSITY. 7151851 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 42 4 1 0 0 0 0 0 0 1 1 0 0 0 0 X 36 34 1 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 BILL JONES TRUSTEE 0.00 X 0 0 0 BRENDA MASON TRUSTEE 0.00 X 0 0 0 CLAUD MCIVER TRUSTEE 0.00 X 0 0 0 DANIEL SLAGLE TRUSTEE 0.00 X 0 0 0 DON BEASLEY TRUSTEE 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 ELLEN GOODRICH TRUSTEE 0.00 X 0 0 0 GENIE CHAMBERLIN CHAIR-TRUSTEE DEVELOPMENT COMMITTEE 0.00 X 0 0 0 GEORGE MARTINEZ TRUSTEE 0.00 X 0 0 0 HUGH PETERSON JR TRUSTEE 0.00 X 0 0 0 JANE KIDD TRUSTEE 0.00 X 0 0 0 JO WILBANKS TRUSTEE 0.00 X 0 0 0 KIM MARTIN TRUSTEE 0.00 X 0 0 0 LES CALLAHAN TRUSTEE 0.00 X 0 0 0 LYNDA BANKS TRUSTEE 0.00 X 0 0 0 MALCOLM BURGESS TRUSTEE 0.00 X 0 0 0 MARIA SHEFFIELD TRUSTEE 0.00 X 0 0 0 MARK SANDERS TRUSTEE 0.00 X 0 0 0 MICHAEL JORDAN TRUSTEE 0.00 X 0 0 0 MIKE GARRETT CHAIR-INVESTMENT COMMITTEE 0.00 X 0 0 0 PETE ROBINSON TRUSTEE 0.00 X 0 0 0 PIERRE CLEMENTS CHAIR 0.00 X X 0 0 0 PRESTON SNYDER TRUSTEE 0.00 X 0 0 0 RICHARD SIMS TREASURER 0.00 X X 0 0 0 ROY ROBINSON TRUSTEE 0.00 X 0 0 0 SANDRA DEAL TRUSTEE 0.00 X 0 0 0 STAN WILSON CHAIR - AUDIT & FINANCE 0.00 X 0 0 0 STEVE DORMAN TRUSTEE 0.00 X 0 0 0 SUSAN ALLEN EX-OFFICIO 0.00 X 0 0 0 SUSAN STEWART VICE-CHAIR 0.00 X X 0 0 0 SUSAN WARREN TRUSTEE 0.00 X 0 0 0 TAD BROWN CHAIR-STEWARDSHIP 0.00 X 0 0 0 LARRY EDWARDS TRUSTEE 0.00 X 0 0 0 TED SMITH TRUSTEE 0.00 X 0 0 0 BUTLER RAINES TRUSTEE 0.00 X 0 0 0 MONICA DELISA EXECUTIVE DIRECTOR 1.00 X 0 182126 37194 0 182126 37194 0 0 1 0 0 73721 1723705 91300 1797426 RENTAL OF STUDENT HOUSING 611710 5550616 5550616 5550616 1024893 1024893 4717575 999 4762282 0 -44707 999 -43708 -43708 43254 73721 90846 -47592 -47592 MISC. FOUNDATION ACTIVITIES 611710 59779 59779 59779 8341414 5610395 0 933593 X 711844 711844 106911 12165 22150 72596 3812 3812 107962 84760 742 22460 160626 153322 7304 4166098 4166098 113277 106377 6900 8652 274 8378 REPAIRS 656961 653620 1133 2208 SALARY SUPPORT 210348 210348 BOOKS, DUES & SUBSCRIPT 204076 181458 22618 ENTERTAINMENT 164241 126459 37782 767261 741314 3629 22318 7382069 7151851 42932 187286 2417005 2664718 784469 447761 17905 631 27587 21518 4127341 986705 3248284 3140636 29951312 30304628 13756872 13717408 93066295 90881448 143269729 141178748 570005 20463 2452874 2292582 103655933 101580288 17351025 19929354 124029837 123822687 X -3844172 -5208126 6765658 6080744 16318406 16483443 19239892 17356061 143269729 141178748 X 959345 -209058 -2634118 X X 0 1 X 1 0 X 2605637 1699758 1883762 2263267 1797426 10249850 2605637 1699758 1883762 2263267 1797426 10249850 1851228 8398622 957151 989796 880982 955906 1024893 4808728 37903 44492 18336 59382 59779 219892 15278470 31625863 0.54970 0.57980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56300 439423 X X 0 25357519 583256 261864 782458 25420181 24638814 1100038 564083 945416 25357519 23482228 1234576 2643861 2721851 24638814 22218090 968507 1832008 1536377 23482228 21885351 2199911 84815 -403122 -1470867 -77998 22218090 0.17990 0.64840 0.17170 0 0 4029902 902041 3127861 97439 84664 12775 3140636 BOND FUNDS 13717408 F 13717408 CASH SURRENDER VALUE OF LIFE INS 45013 ISSUANCE COSTS 1609304 MANSION FURNISHINGS 439423 OTHER 1206 NET INVESTMENT IN DIRECT FINANCING LEASES 88786502 90881448 ACCRUED INTEREST PAYABLE 1044638 ANNUITY PAYABLE 851474 INTEREST RATE SWAP OBLIGATION 15167596 FUNDS HELD FOR OTHERS 2865646 19929354 X 5993768 -209058 403200 -2541788 -2347646 8341414 0 8341414 7877599 403200 92330 495530 7382069 0 7382069 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 charitable organization as defined by Internal Revenue Code Section 501(c)(3) and, accordingly is exempt from federal income taxes under Internal Revenue Code Section 501(a). Management evaluated the Foundations tax positions and concluded that the Foundation had maintained its tax-exempt status and had taken no uncertain tax positions that require adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements. With few exceptions, the Foundation is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years before 2012. Part XI, Line 2d - Other Adjustments: LOSS ON INTEREST RATE SWAP - CHANGE IN LIABILITY -2,634,118. SPECIAL EVENT EXPENSES NETTED WITH REVENUE ON 990 90,850. INTERNAL TRANSFER INCLUDED IN EXPENSES 1,480. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES NETTED WITH REVENUE ON 990 90,850. INTERNAL TRANSFER INCLUDED IN EXPENSES 1,480. Athletic Auction 78118 47436 30682 10830 13224 32887 Bobcat Classic Golf Tournament 19742 13345 6397 1594 690 10369 2 19115 12940 6175 260 258 10423 10311 116975 73721 43254 12684 258 24337 53567 90846 -47592 1 Georgia College & State University 231 West Hancock Street Milledgeville GA 31061 586002064 711844 To provide scholarships to students and provide other educational support to the University. 1 0 Part I, Line 2: 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 0 182126 0 0 0 0 0 0 0 37194 0 219320 0 0 A Development Authority of the City of Milledgeville and Baldwin County 2003-12-01 100 Real Estate Construction 0 0 0 B Development Authority of the City of Milledgeville and Baldwin County 2007-06-15 100 Real Estate Construction 0 0 0 A 0 0 0 0 B 0 0 0 0 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 X 1 16300 FMV X Chickering Piano, Model 7339 1 40000 FMV X 3,000 Compact Discs 1 35000 FMV 0 1 0 Form 990, Part VI, Section A, line 2 Genie Chamberlin and Preston Snyder have a family relationship. Hugh Peterson has a family relationship with Pete Robinson and Jane Kidd. Form 990, Part VI, Section B, line 11 The Organization's finance committee chair was given a draft copy of the 990 tax return for review and approval prior to its filing. 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 IX, line 24e DONATIONS: Program service expenses 147,693. Management and general expenses 0. Fundraising expenses 0. Total expenses 147,693. ADMINISTRATIVE FEES: Program service expenses 143,208. Management and general expenses 0. Fundraising expenses 0. Total expenses 143,208. AMORTIZATION: Program service expenses 123,007. Management and general expenses 0. Fundraising expenses 0. Total expenses 123,007. MISCELLANEOUS: Program service expenses 97,095. Management and general expenses 779. Fundraising expenses 5,725. Total expenses 103,599. UTILITIES: Program service expenses 96,338. Management and general expenses 0. Fundraising expenses 0. Total expenses 96,338. AWARDS & PRIZES: Program service expenses 49,551. Management and general expenses 0. Fundraising expenses 1,743. Total expenses 51,294. REGISTRATION: Program service expenses 20,090. Management and general expenses 0. Fundraising expenses 12,303. Total expenses 32,393. CONTRACTS: Program service expenses 22,421. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,421. FLOWERS & GIFTS: Program service expenses 14,545. Management and general expenses 0. Fundraising expenses 2,547. Total expenses 17,092. PROMOTION: Program service expenses 13,881. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,881. BANK FEES: Program service expenses 3,840. Management and general expenses 2,820. Fundraising expenses 0. Total expenses 6,660. DECORATIONS: Program service expenses 6,035. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,035. AUTO: Program service expenses 3,590. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,590. LICENSES: Program service expenses 20. Management and general expenses 30. Fundraising expenses 0. Total expenses 50. Form 990, Part XI, line 9: LOSS ON INTEREST RATE SWAP - CHANGE IN LIABILITY -2,634,118. 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. GC&SU FOUNDATION LLC II - DISREGARDED ENTITY CAMPUS BOX 96 MILLEDGEVILLE GA 31061 Real Estate Ownership/Leasing to Ga. College & State University GA 327058 5817105 Georgia College & State University Foundation Inc GC&SU FOUNDATION LLC IV - DISREGARDED ENTITY CAMPUS BOX 96 MILLEDGEVILLE GA 31061 Real Estate Ownership/Leasing to Ga. College & State University GA 491316 3294775 Georgia College & State University Foundation Inc GC&SU FOUNDATION LLC V - DISREGARDED ENTITY CAMPUS BOX 96 MILLEDGEVILLE GA 31061 Real Estate Ownership/Leasing to Ga. College & State University GA 2568259 98276875 Georgia College & State University Foundation Inc Georgia College & State University Alumni Association Inc Campus Box 96 Milledgeville GA 31061 237194778 Alumni Association for Georgia College & State University GA 501(c))(3) 5 0 Georgia College & State University 231 West Hancock Street Milledgeville GA 31061 586002064 Public University GA 2 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 Georgia College & State University B 711844 Cash Paid Georgia College & State University J 5550616 Rent Received