2013-05-06T08:33:22-07:00 2012-06-30 990 2011-07-01 200371529 MOUNT OLIVE COLLEGE FOUNDATION MOUN 9196582502 634 Henderson St Mount Olive NC 28365 John Blackwell 9192994938 2013-05-06 2011 2016-02-25 16:41:14Z John Blackwell 634 Henderson Street Mount Olive NC 28365 1490156 0 X http://www.moc.edu/support-moc/mount-olive-college-foundation X 2003 NC The purpose of this nonprofit foundation is to seek alternate sources of support to strengthen Mount Olive College's outreach to students and the community. 20 17 0 0 0 0 0 100 0 1482780 20190 7276 859512 0 879702 1490156 0 0 0 0 0 0 0 0 0 1129729 1112439 1129729 1112439 -250027 377717 14205748 13920414 15489038 14825987 -1283290 -905573 The purpose of this nonprofit foundation is to seek alternate sources of support to strengthen Mount Olive College's outreach to students and the community. 0 0 1112439 0 1490156 To fulfill the obligations of the foundation-primarily interest from debt payments. 0 0 0 1112439 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 X 20 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Mount Olive College Inc 9196587825 634 Henderson St Mount Olive NC 28365 Lisa Atkinson 0 X 0 0 0 Dr Philip P Kerstetter Mount Olive College 0 X 0 211889 15000 Wendy Crumpler 0 X 0 0 0 J Robert Greczyn 0 X 0 0 0 C Darrell Horne 0 X 0 0 0 Luanne Johnson 0 X 0 0 0 E J Pope Jr 0 X 0 0 0 Townsend Quinn 0 X 0 0 0 W Robert Bizzell 0 X 0 0 0 Jeff Etheridge 0 X 0 0 0 Ray McDonald Jr 0 X 0 0 0 William H Bryan 0 X 0 0 0 George R Kornegay Jr 0 X 0 0 0 Ralph Britt Jr 0 X 0 0 0 Olivia B Holding 0 X 0 0 0 Kenny Woodard 0 X 0 0 0 William J Byrd 0 X 0 0 0 Sandy Thompson 0 X 0 0 0 John Blackwell 0 X 0 0 0 Doug Wilkins 0 X 0 0 0 0 211889 15000 0 0 1 0 0 0 0 0 0 0 100 0 100 1482780 0 0 1482780 1482780 7276 0 0 7276 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1490156 0 0 1490056 654729 654729 457540 457540 170 170 1112439 1112439 0 0 882761 1048636 2425 2882 15844530 2981508 13320562 12863022 5874 14205748 13920414 37131 112635 14914607 14710300 537300 3052 15489038 14825987 X -1289290 -911573 6000 6000 0 0 -1283290 -905573 14205748 13920414 377717 0 X 0 1 1 X 0 X X X 0 0 0 MOUNT OLIVE COLLEGE 560623936 2 1 1 1 0 1 0 PART I , LINE 11-THE FOUNDATION WAS ESTABLISHED TO OBTAIN AND SERVICE THE DEBT RELATED TO THREE BUILDINGS CONSTRUCTED AND THEN RENTED TO THE COLLEGE. 0 0 0 0 14460720 2087229 12373491 0 0 0 0 0 1383810 894279 489531 0 0 0 0 12863022 0 Due To Affiliate 3052 3052 1490156 1112439 377717 0 0 0 0 0 0 377717 1490156 0 0 0 0 0 1490156 0 0 0 1490156 1112439 0 0 0 0 0 1112439 0 0 0 1112439 SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Board of Directors evaluated the Foundation's tax positions and concluded that the Foundation had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of the Income Taxes Topic of the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("FASB ASC"). With few exceptions, the Foundation is no longer subject to income tax examinations by the U.S federal, state, or local tax authorities for returns filed for fiscal years 2008 and prior. 0 0 0 0 0 0 0 0 0 Dr Philip P Kerstetter Mount Olive College 0 211889 0 0 0 0 0 15000 0 7087 0 233976 0 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Reviewed by Controller and VP for Finance of Mount Olive College, and Treasurer of the Foundation F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Policy undergoes constant review, any conflicts are disclosed. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Foundation actually does not pay any compensation since the only paid positions are full time employees of Mount Olive College and accordingly paid by Mount Olive College. Mount Olive College has a process in place for detemining such compensation. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The North Carolina Secretary of State website contains the articles of incorporation and articles of amendment. Mount Olive College Inc 634 Henderson Street Mouint Olive NC 28365 560623936 Student education and related services for approximately 4,000 students, auxiliary enterprises NC 501 c 3 2 N/A 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0