2013-05-15T08:43:51-05:00 2012-12-31 581224069 Fowler Holley Rambo & Stalvey PC 3208 Wildwood Plantation Drive Valdosta GA 31605 990 2012-01-01 581582136 Valdosta State University Foundation Inc VALD 2293335939 1500 N Patterson Street Valdosta GA 31698 John D Crawford 2293335939 2013-05-15 1 C Wayne Rambo CPA P01298902 2292441559 2012 2016-02-24 21:20:13Z John D Crawford 1500 N Patterson St Valdosta GA 31698 15390602 0 X www.valdosta.edu/adv/fnd X 1963 GA The Foundation exists to support development of educational excellence at Valdosta State University. 23 23 0 0 0 0 4285082 4157624 606472 542948 817450 1316401 505461 411861 6214465 6428834 651071 682380 0 0 0 0 0 0 0 4836755 3149185 5487826 3831565 726639 2597269 34829827 37917654 8306051 8085915 26523776 29831739 The Foundation exists to support development of educational excellence at Valdosta State University. 0 0 3109085 The Foundation's primary efforts are directed toward attracting, receiving, investing, managing, and expending gifts and other resources designated for the academic, artistic, athletic, teaching, research, and public service programs of the University. 682380 682380 Scholarships to students of Valdosta State University. 3791465 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 125 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Bonnie J Martin CPA 2293337176 1500 N Patterson Street Valdosta GA 31698 THOMAS D NEWBERN 4.00 X 0 0 0 WILLIAM S COWART 4.00 X 0 0 0 TRAVERS S PAULK 4.00 X 0 0 0 MARY MARGARET RICHARDSON 4.00 X 0 0 0 TIM O HARRIS 4.00 X 0 0 0 GREGORY A VOYLES 4.00 X 0 0 0 JERRY J JENNETT 4.00 X 0 0 0 ANN K LACKEY 4.00 X 0 0 0 THOMAS D ODUM 4.00 X 0 0 0 LARRY W COLSON 4.00 X 0 0 0 WILLIAM R GROW SR 4.00 X 0 0 0 MARTIN E MCGHIN 4.00 X 0 0 0 LOUIS H LEVY 4.00 X 0 141529 0 A PARRISH CLARK JR 4.00 X 0 0 0 CAROLYN EAGER 4.00 X 0 0 0 DIXIE S LIGHTFOOT 4.00 X 0 0 0 F LAMAR PEARSON 4.00 X 0 0 0 DANNY ROUNTREE 4.00 X 0 0 0 TRACY MEYERS 4.00 X 0 0 0 WILLIAM J McKINNEY 4.00 X 0 192500 0 JESSE MARANVILLE 4.00 X 0 0 0 JOHN D CRAWFORD 40.00 X 0 161950 0 BONNIE J MARTIN 40.00 X 0 70362 0 CHUCK H DUNMON JR 12.00 X 0 0 0 WAYNE C EDWARDS 8.00 X 0 0 0 TERRI H LUPO 8.00 X 0 0 0 THOMAS C PRITCHETT SR 4.00 X 0 0 0 0 566341 0 0 0 1 0 Chartwells Dining Services 2400 Yorkmont Rd Charlotte NC 28217 Food Services 243922 1 4157624 61022 4157624 FEES 900099 509527 509527 OTHER REVENUE 900099 32952 32952 TRAVEL REVENUE 900099 469 469 542948 649424 649424 19816 19816 806264 414219 392045 392045 392045 9214526 8547549 666977 666977 666977 6428834 542948 0 1728262 X 682380 682380 5723 5723 33527 16763 16764 132195 132195 488706 488706 9824 9824 26625 26625 64574 64574 22723 22723 114540 114540 89142 89142 454620 454620 300063 300063 31115 7779 23336 Payments to or on behal 502289 502289 Meals and entertainment 445050 445050 Supplies 265090 265090 Registrations 59925 59925 103454 103454 3831565 3791465 40100 0 953679 2198188 367421 157534 41162 907445 140736 105736 16147 21189 11280757 973215 10607606 10307542 22279623 24108573 98536 92246 324917 19201 34829827 37917654 125640 100657 5187740 4968038 1779700 1703502 1212971 1313718 8306051 8085915 X 3480528 3188644 1889063 3679759 21154185 22963336 26523776 29831739 34829827 37917654 2597269 710694 0 X X 0 1 X 1 0 X 2295258 1832602 3746550 4285082 4157624 16317116 2295258 1832602 3746550 4285082 4157624 16317116 4340364 11976752 899470 605767 448587 593422 649424 3196670 482931 805481 438493 481728 392045 2600678 22114464 3422575 0.54160 0.52260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17400 X 0 23043248 3872736 1575740 1848629 26643095 22706186 4488978 -393222 3758694 23043248 21136272 1808126 1414585 1652797 22706186 16901160 1507627 4358664 1631179 21136272 21677010 605961 -5381811 16901160 1 0 2414494 2414494 8805864 948833 7857031 60399 24382 36017 10307542 Interest Rate Swap Liability 931640 Char. Rem. Trust Obligations 271524 Due to VSU Alumni Association 110554 1313718 X 7511700 710694 90032 414219 1214945 6296755 132079 132079 6428834 4203737 90032 414219 504251 3699486 132079 132079 3831565 Part III, Line 4: Art collection on display to promote involvement in and support for art education. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: Part X, line 2: The Organization evaluates any income tax benefits generated from uncertain tax positions using a more-likely-than-not of being sustained upon examination analysis. If a tax benefit is not more-likely-than-not of being sustained upon examination, the Organization records a liability for the recognized income tax benefit. The Organization recognizes accrued interest associated with uncertain tax positions as part of interest expense and penalties associated with uncertain tax positions as part of other expenses. For the years ended December 31, 2012 and 2011, management believes there are no material amounts of uncertain tax positions. Additionally, there were no amounts of interest or penalties recognized in the statements of financial position as of December 31, 2012 and 2011 or the statements of activities for the years then ended. Further, all years subsequent to 2009 remain subject to examination by the IRS. Part XI, Line 2d - Other Adjustments: Rental expenses Part XII, Line 2d - Other Adjustments: Rental expenses Part V, line 4: The accumulation of funds allows the Foundation to follow it's mission to designate resources for the academic, artistic, athletic, teaching, research and public service programs of the University. 1 Scholarships 403 682380 N/A N/A PART I, LINE 2 - PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN THE U.S.: The Foundation has policies and procedures in place to measure candidates against various scholarship eligibility requirements, and to determine the scholarship amount and that scholarship funds are expended in accordance with guidelines. 0 0 0 0 0 0 0 0 0 WILLIAM J McKINNEY 0 192500 0 0 0 0 0 0 0 0 0 192500 0 0 JOHN D CRAWFORD 0 161950 0 0 0 0 0 0 0 0 0 161950 0 0 A Development Authority of Lowndes County 582186325 2007-11-01 5800000 Education Buildings 0 1 0 A 5589519 33912 87000 5468607 2009 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 X 1 40858 Fair Market Value 0 0 0 Form 990, Part VI, Section A, line 2 Related Parties Among Officers: Georgia Gulf Sulfur Georgia Gulf Sulfur President CEO Business Relationship Form 990, Part VI, Section B, line 11 An officer reviews and signs Form 990; a copy of Form 990 is emailed to all trustees for review prior to filing. Form 990, Part VI, Section B, line 12c The organization regularly and consistently monitors and enforces compliance with its conflict-of-interest policy by annually reviewing and updating its policy as necessary, by requiring all new trustees, officers, directors and key employees to complete a written conflict-of-interest declaration, and by requiring all existing trustees, officers, directors and key employees to complete annual written conflict-of-interest declarations. Form 990, Part VI, Section C, line 19 Form 990, Part VI, Section C, Line 19: Governing documents are made available for public inspection upon request. Other Fees Form 990, Part IX, line 11g Non-employee Compensation: Program service expenses 371,594. Management and general expenses 0. Fundraising expenses 0. Total expenses 371,594. Management Fees: Program service expenses 15,706. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,706. Other Services: Program service expenses 101,406. Management and general expenses 0. Fundraising expenses 0. Total expenses 101,406. Form 990, Part XII, Line 2c: No change in the audit oversight process or the independent auditor selection process during the current year. VALDOSTA STATE UNIVERSITY 1500 N PATTERSON ST VALDOSTA GA 31698 586002072 EDUCATION GA 170b1A N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 VALDOSTA STATE UNIVERSITY J 472484 COST VALDOSTA STATE UNIVERSITY R 502289 COST