2021-11-12T11:37:40-06:00 2021-06-30 BDO USA LLP 1100 PEACHTREE STREET SUITE 700 ATLANTA GA 303094516 990 2020-07-01 522204473 The Golden LEAF Inc % BETH EDMONDSON GOLD 2524427474 301 N Winstead Avenue Rocky Mount NC 27804 SCOTT T HAMILTON PRESIDENT 2524427474 2021-11-12 true SCOTT T HAMILTON 999009999 Sandra L Feinsmith P01064157 4046886841 2021-11-05 2 2020 2022-09-23 18:48:47Z SCOTT T HAMILTON 301 N Winstead Avenue Rocky Mount NC 27804 387961659 false X www.goldenleaf.org X 1999 NC SEE PART III, LINE 1 15 15 20 0 111292 0 42706990 95710093 0 0 42418769 86190829 390 0 85126149 181900922 73450009 135774769 0 0 2029634 2248591 0 0 0 3878174 3536444 79357817 141559804 5768332 40341118 1207394628 1379237142 234080022 154263791 973314606 1224973351 X GOLDEN LEAF'S MISSION IS TO INCREASE ECONOMIC OPPORTUNITY IN NORTH CAROLINA'S RURAL AND TOBACCO-DEPENDENT COMMUNITIES THROUGH LEADERSHIP IN GRANTSMAKING, COLLABORATION, INNOVATION, AND STEWARDSHIP AS AN INDEPENDENT AND PERPETUAL FOUNDATION. false false 137381579 135774769 THE PRIMARY PURPOSE FOR WHICH THIS CORPORATION WAS FORMED IS TO PROMOTE THE SOCIAL WELFARE AND LESSEN THE BURDENS OF GOVERNMENT BY RECEIVING AND DISTRIBUTING FUNDS TO BE USED TO PROVIDE ECONOMIC IMPACT ASSISTANCE TO ECONOMICALLY AFFECTED OR TOBACCO-DEPENDENT REGIONS OF NORTH CAROLINA. IN ACCORDANCE WITH THE CONSENT DECREE AND FINAL JUDGMENT IN STATE OF NORTH CAROLINA V. PHILLIP MORRIS INCORPORATED, ET AL., 98 CVS 14377. ACTIVITIES IN WHICH THE CORPORATION MAY ENGAGE IN THE STATE OF NORTH CAROLINA INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING: 1. EDUCATION ASSISTANCE- PROVISION OF FUNDS FOR EDUCATIONAL PROGRAMS FOR TOBACCO FARMERS AND OTHER WORKERS IMPACTED OR PROJECTED TO BE IMPACTED BY THE DECLINE IN DEMAND FOR AND/OR PRODUCTION OF TOBACCO OR TOBACCO PRODUCTS. 2. JOB TRAINING AND EMPLOYMENT ASSISTANCE - PROVISION OF LOANS AND GRANTS, TO BE USED FOR JOB TRAINING AND OTHER EMPLOYMENT-RELATED PROGRAMS TO ORGANIZATIONS ASSISTING TOBACCO FARMERS AND OTHER WORKERS DEPENDENT ON TOBACCO FARMING, PRODUCTION AND SALES TO TRANSITION TO OTHER SOURCES OF INCOME. 3. SCIENTIFIC RESEARCH - PROVISION OF FUNDING FOR SCIENTIFIC RESEARCH TO DEVELOP NEW USES FOR TOBACCO OR FOR THE DEVELOPMENT OF ALTERNATIVE CASH CROPS. 4. ECONOMIC HARDSHIP ASSISTANCE - PROVISION OF DIRECT GRANTS, LOANS AND OTHER ASSISTANCE PROGRAMS TO ALLEVIATE ECONOMIC HARDSHIP, POVERTY OR NEED EXPERIENCED BY TOBACCO FARMERS, QUOTA OWNERS, THEIR FAMILIES AND OTHERS AS A RESULT OF DECLINE IN QUOTA AND/OR PRODUCTION OF TOBACCO OR TOBACCO PRODUCTS. 5. PUBLIC WORKS AND INDUSTRIAL RECRUITMENT - PROVISION OF GRANTS AND LOANS TO LOCAL GOVERNMENTS FOR UPGRADING UTILITIES, TRANSPORTATION, AND OTHER PUBLIC SERVICE INFRASTRUCTURE TO ATTRACT NEW BUSINESSES OR FOR MORE GENERAL ECONOMIC DEVELOPMENT PURPOSES. 6. HEALTH AND HUMAN SERVICES - PROVISION OF FUNDING FOR IMPROVED HEALTH CARE AND OTHER SOCIAL SERVICES NEEDED TO MAINTAIN THE STABILITY OF TOBACCO-DEPENDENT COMMUNITIES. 7. COMMUNITY ASSISTANCE - PROVISION OF DIRECT GRANTS AND LOANS TO ECONOMICALLY DEPRESSED AND DETERIORATING TOBACCO-DEPENDENT COMMUNITIES TO BE USED EXCLUSIVELY FOR PUBLIC PURPOSES. 137381579 true true false true false false false false false false false true false false false false true false false false true false false false false false false true false true false false false false false false false false false false false false false false false false false true 14 0 true 20 true true true true EI false false false false false false false false false false X 15 15 false false false false true true true true true false false true true true true true true true false false X BETH EDMONDSON 2524427474 301 N WINSTEAD AVE rocky mount NC 27804 X Scott T Hamilton President/CEO 40.0 0.0 X 240380 0 32508 Edward P Lord SVP/General Counsel 40.0 0.0 X 166135 0 37787 Beth A Edmondson Controller 30.0 0.0 X 120436 0 28542 Jonathan P Boyd Director of Investments 40.0 0.0 X 120780 0 22472 Terri Adou-dy Dir of Programs/Programs Admin 40.0 0.0 X 114300 0 28731 Kasey E Ginsberg Dir of Programs/External Affai 40.0 0.0 X 117474 0 22035 Marilyn M Chism Director of Programs 40.0 0.0 X 108860 0 11393 Darryl Moss Director 3.0 0.0 X 1664 0 0 Bobbie J Richardson Secretary 3.0 0.0 X X 1352 0 0 Murchison Biggs Board Chair 15.0 0.0 X X 1248 0 0 Ralph Strayhorn III Director 3.0 0.0 X 936 0 0 Randy Isenhower Director 3.0 0.0 X 728 0 0 S Lawrence Davenport Director 3.0 0.0 X 624 0 0 Donald E Flow Vice Chair 3.0 0.0 X X 0 0 0 Johnathan Rhyne Jr Treasurer/Asst. Secretary 3.0 0.0 X X 0 0 0 Charles P Brown Director 3.0 0.0 X 0 0 0 Barry Z Dodson Director 3.0 0.0 X 0 0 0 Thomas S Hester Jr Director 3.0 0.0 X 0 0 0 Laurence Lilley Director 3.0 0.0 X 0 0 0 Brian Raynor Director 3.0 0.0 X 0 0 0 Lee Roberts Director 3.0 0.0 X 0 0 0 David L Rose Director 3.0 0.0 X 0 0 0 Thomas F Taft Sr Director 3.0 0.0 X 0 0 0 Jerome Vick Director 3.0 0.0 X 0 0 0 994917 0 183468 7 false true false Sit Fixed Income Advisors LLC 80 South 8th Street Suite 3300 MINNEAPOLIS MN 55402 INVESTMENT MGMT 670051 Silchester International Investors 780 Third Avenue 42nd Floor NEW YORK NY 10017 Investment MGMT 537886 Wellington Management 280 Congress Street BOSTON MA 02110 Investment MGMT 525441 DRZ 250 Park Avenue South Suite 250 WINTER PARK FL 32789 Investment MGMT 342262 Prime Buchholz Associates Inc 25 Chestnut Street PORTSMOUTH NH 03801 INVEST. CONSULTING 313077 9 95452392 257701 95710093 0 11741778 111292 11630486 0 0 0 0 0 280509788 206060737 74449051 74449051 74449051 0 0 0 0 0 0 0 0 0 0 181900922 111292 86079537 135774769 135774769 0 0 0 1159282 718783 440499 0 734088 602853 131235 70018 56688 13330 162133 128850 33283 123070 87751 35319 0 149087 149087 96604 96604 0 0 2647845 2647845 207866 207866 55614 55614 49734 49734 71418 71418 0 165102 165102 12452 11885 567 0 0 0 0 0 17312 17312 CAPITAL OUTLAYS 39137 39137 DUES AND MEMBERSHIPS 10855 10855 BOARD OF DIRECTORS EXPENSES 8636 8636 PAYROLL SERVICES 2543 2543 2239 2239 141559804 137381579 4178225 0 2368513 998403 0 0 0 0 4123567 3711210 0 0 0 0 96029 29732 0 0 45972 127707 0 0 437285480 458655275 763475067 915714815 0 0 0 0 0 0 1207394628 1379237142 233889 237425 176393741 154026366 0 0 0 0 0 0 0 0 0 0 0 0 57452392 0 234080022 154263791 X 0 0 0 0 973314606 1224973351 973314606 1224973351 1207394628 1379237142 X 40341118 206023440 5294187 X false true X true true true X 35389953 47744750 57739692 42706990 95710093 279291478 0 0 35389953 47744750 57739692 42706990 95710093 279291478 0 279291478 9100450 13527254 16891425 16352323 11741778 67613230 0 4488 4776 7440 390 0 17094 346921802 0 0.80506 0.75250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 9657 false false 9657 false Lobbying Activity - Form 990, Schedule C, Part II-B, LIne 1G: THESE EXPENSES REPRESENT SALARY AND BENEFITS FOR OUR DIRECTOR OF PROGRAMS/EXTERNAL AFFAIRS FOR TIME SPENT LOBBYING MEMBERS OF THE NC GENERAL ASSEMBLY RELATED TO LEGISLATION AFFECTING GOLDEN LEAF FUNDING AND EDUCATING LEGISLATORS AND THEIR STAFF ON THE MISSION OF THE FOUNDATION AND ITS WORK. ACADIAN GLOBAL MANAGED 52304859 F AG REALTY FND VII(TE),VIII, X 8962679 F AURORA VENTURES IV & V 1520848 F BEACON CPTL STRTEGIC PTRS VI 30278 F BRIGHTSTAR CAPITAL PARTNERS II 3090329 F SWIFTCURRENT OFFSHORE, LTD. 8466594 F CANTILLON GLOBAL VALUE FUND 100050211 F CARLYLE VENTURE PARTNERS II,LP 55653 F CAROUSEL CAPITAL PTRS IV,V& VI 12631883 F COLONY INVESTORS VIII, L.P 129600 F DENHAM COMMODITY PTRS FND V&VI 3028979 F ENCAP ENERGY CAPITAL FUNDS 28819338 F FARALLON CAPITAL INSTITUTIONAL 42092145 F FPA HAWKEYE FUND, LLC 35585833 F KING STREET CAPITAL, LTD 2776062 F LEXINGTON CAPITAL PTRS V& VI-A 556504 F LONE CASCADE, L.P 96761481 F MATLIN PATTERSON GLOBAL OPP 25604 F MATRIX CAPITAL MGMT FD (OFSHR) 65599887 F NORTH ROCK FUND, LTD. 49612018 F NUT TREE OFFSHORE FUND, LTD 49562242 F Q-BLK PRIVATE CAPITAL II, L.P 1419581 F SCULPTOR REAL ESTATE FUND III 2123297 F SCULPTOR OVERSEAS FUND II 1006804 F SHEPHERD INVESTMENTS INTL, LTD 488001 F SILCHESTER INTL VALUE EQUITY 94339011 F REALTY ASSOCIATES FUND X UTP 658532 F TACONIC OPP. OFFSHORE FUND,LTD 44828683 F TRILANTIC CAPITAL PARTNERS VI 6166892 F THOMAS H LEE EQUITY FUND VI,LP 5786 F TRUEBRIDGE CAPITAL PTRS FUNDS 18612286 F VARDE CREDIT PARTNERS 41772718 F VARDE FUND IX, X, XI, XII&XIII 21479010 F WARBURG PINCUS X 586256 F WELLINGTON ARCHIPELAGO 37670775 F WELLINGTON BAY POND 95482 F WELLINGTON CTF EMERGING MKTS 82230409 F WHI REAL ESTATE PARTNERS V 568265 F 915714815 385276518 206023440 206023440 179253078 2647844 2647844 181900922 133617773 133617773 2647844 5294187 7942031 141559804 FORM 990, SCHEDULE D, PART XII, LINE 4B: CANCELLED GRANTS $5,294,187 Central America and the Caribbean Investments 250604616 Europe (Including Iceland and Greenland) Investments 100050211 North America Investments 37766257 388421084 388421084 true false false true true false true Alamance Community College Foundation Inc 1247 Jimmie Kerr Road Graham NC 27253 581511004 501(c)(3) 195000 SEE PART IV Asheville Area Chamber of Commerce Community Bette PO Box 1010 Asheville NC 28802 561762978 501(c)(3) 12000000 SEE PART IV Blue Ridge Women in Agriculture PO Box 67 Boone NC 28607 342011588 501(c)(3) 108000 SEE PART IV Brunswick Christian Recovery Center 1994 Ash-Little River Road Ash NC 28420 272448984 501(c)(3) 44866 SEE PART IV Caldwell Community College & Technical Institute 2855 Hickory Blvd Hudson NC 28638 237212721 501(c)(3) 1098000 SEE PART IV Catawba Valley Community College 2550 Highway 70 SE Hickory NC 28602 560792028 GOV'T ENTITY 460000 SEE PART IV Center for Creative Leadership One Leadership Place Greensboro NC 27410 237079591 501(c)(3) 3300000 SEE PART IV City of Bessemer City 132 W Virginia Ave Bessemer City NC 28016 566001177 GOV'T ENTITY 200000 SEE PART IV City of Conover PO Box 549 Conover NC 28613 566001208 GOV'T ENTITY 523500 SEE PART IV City of Dunn PO Box 1065 Dunn NC 28335 566001214 GOV'T ENTITY 313586 SEE PART IV City of Hendersonville 160 Sixth Ave Hendersonville NC 28792 566001242 GOV'T ENTITY 556000 SEE PART IV City of Hickory PO Box 398 Hickory NC 28603 566001244 GOV'T ENTITY 491257 SEE PART IV City of Raeford 315 N Main Street Raeford NC 28376 566001313 GOV'T ENTITY 65000 SEE PART IV City of Washington PO Box 1988 Washington NC 27889 566001364 GOV'T ENTITY 3030000 SEE PART IV Cleveland Community College 137 South Post Road Shelby NC 28152 560848556 GOV'T ENTITY 200000 SEE PART IV County of Alexander 621 Liledoun Road Taylorsville NC 28681 566000272 GOV'T ENTITY 193776 SEE PART IV County of Ashe 150 Government Circle Jefferson NC 28640 566000274 GOV'T ENTITY 500000 SEE PART IV County of Bertie PO Box 530 Windsor NC 27983 566000276 GOV'T ENTITY 277000 SEE PART IV County of Brunswick PO Box 249 Bolivia NC 28422 566000278 GOV'T ENTITY 100000 SEE PART IV County of Catawba PO Box 389 Newton NC 28658 566001814 GOV'T ENTITY 891257 SEE PART IV County of Duplin PO Box 910 Kenansville NC 28349 566000296 GOV'T ENTITY 88625 SEE PART IV County of Greene 229 Kingold Blvd Snow Hill NC 28580 566000304 GOV'T ENTITY 325000 SEE PART IV County of Halifax PO Box 38 Halifax NC 27839 566001836 GOV'T ENTITY 350000 SEE PART IV County of Jones 418 Hwy 58 North Unit A Trenton NC 28585 566000312 GOV'T ENTITY 6608 SEE PART IV County of Robeson Robeson County Adm Lumberton NC 28358 566000335 GOV'T ENTITY 250000 SEE PART IV County of Sampson 406 County Complex Road Clinton NC 28328 566000338 GOV'T ENTITY 1000000 SEE PART IV County of Watauga 814 West King Street Boone NC 28607 566001816 GOV'T ENTITY 1000000 SEE PART IV County of Wayne PO Box 227 Goldsboro NC 27533 566001520 GOV'T ENTITY 200000 SEE PART IV East Carolina University 209 East 5th Street Greenville NC 27858 566000403 GOV'T ENTITY 1899350 SEE PART IV Enfield Economic Development & Revitalization Comm PO Box 2 Enfield NC 27823 824319006 501(c)(3) 8500 SEE PART IV Fork Township Sanitary District PO Box 1515 Goldsboro NC 27534 561476735 GOV'T ENTITY 725000 SEE PART IV Freedom Life Ministries PO Box 1134 Marion NC 28752 461322178 501(c)(3) 82065 SEE PART IV Greenville Utilities Commission (GUC) PO Box 1847 Greenville NC 27835 566000517 GOV'T ENTITY 583504 SEE PART IV Isothermal Community College PO Box 804 Spindale NC 28160 560841505 ED Tax exempt 200000 SEE PART IV James Sprunt Community College PO Box 398 Kenansville NC 28349 560892755 GOV'T ENTITY 200000 SEE PART IV Martin Community College 1161 Kehukee Park Williamston NC 27892 560895914 ED Tax exempt 111455 SEE PART IV Mayland Community College Foundation PO Box 547 Spruce Pine NC 28777 581486405 501(c)(3) 731908 SEE PART IV Moore County Partners in Progress PO Box 5885 Pinehurst NC 28374 522374383 501(c)(3) 200000 SEE PART IV Mt Olive Family Medicine Center Inc 201 Breazeale Ave Mount Olive NC 28365 562000255 501(c)(3) 100000 SEE PART IV North Carolina Community College System 5016 Mail Service Center Raleigh NC 27699 561288079 GOV'T ENTITY 1750000 SEE PART IV North Carolina Department of Agriculture and Consu 1001 Mail SVC CTR Raleigh NC 276991001 566000732 GOV'T ENTITY 2093377 SEE PART IV North Carolina State Education Assistance Authorit PO Box 13663 Research Triangle NC 27709 566172047 GOV'T ENTITY 2581584 SEE PART IV North Carolina State University 2601 Wolf VillagE Raleigh NC 276957514 566000756 GOV'T ENTITY 1065918 SEE PART IV North Carolina State University CEFS NC Choices CAMPUS BOX 7514 Raleigh NC 27695 566000756 ED Tax exempt 198843 SEE PART IV Northampton County Schools PO Box 158 Jackson NC 27845 566001087 GOV'T ENTITY 150000 SEE PART IV Olympia Volunteer Fire Department 500 Olympia Road New Bern NC 28560 561242191 501(c)(3) 50000 SEE PART IV Pembroke Rescue Squad Inc PO Box 385 Pembroke NC 28372 561362515 501(c)(3) 275250 SEE PART IV Rural Economic Development Center Inc 4021 Carya Dr Raleigh NC 27610 561552375 501(c)(3) 78102392 SEE PART IV Southern Wayne Sanitary District 1370 Old Grantham Road Goldsboro NC 27530 561138263 GOV'T ENTITY 132000 SEE PART IV Southwestern Community College 447 College Drive 1430 Main Street Sylva NC 28779 560894556 GOV'T ENTITY 198400 SEE PART IV The Industrial Commons PO Box 71 Morganton NC 28680 472080338 501(c)(3) 500000 SEE PART IV The University of North Carolina at Chapel Hill Sc 104 AIRPORT DR Chapel Hill NC 275991350 566001393 501(c)(3) 493546 SEE PART IV Town of Aurora PO Box 86 Aurora NC 27806 566001169 GOV'T ENTITY 10627 SEE PART IV Town of Bethel 141 Railroad Street W Bethel NC 27812 999999999 GOV'T ENTITY 424000 SEE PART IV Town of Carolina Beach 1121 N Lake Carolina Beach NC 28428 566001193 GOV'T ENTITY 2112494 SEE PART IV Town of Cove City PO Box 8 Cove City NC 28523 561125411 GOV'T ENTITY 66146 SEE PART IV Town of Drexel PO Box 188 Drexel NC 28619 566001213 GOV'T ENTITY 500000 SEE PART IV Town of Fair Bluff PO Box 157 120 W Martin Luther King Jr Dr Fair Bluff NC 28439 566001222 GOV'T ENTITY 488407 SEE PART IV Town of Fairmont PO Box 248 Fairmont NC 28340 566001223 GOV'T ENTITY 345000 SEE PART IV Town of Harrellsville PO Box 37 Harrellsville NC 27842 561031297 GOV'T ENTITY 138657 SEE PART IV Town of Holly Ridge PO Box 145 Holly Ridge NC 28443 566001248 GOV'T ENTITY 200000 SEE PART IV Town of Holly Springs 128 S Main St Holly Springs NC 27540 561143973 GOV'T ENTITY 4000000 SEE PART IV Town of Lillington PO Box 296 Lillington NC 27546 566001268 GOV'T ENTITY 570947 SEE PART IV Town of Mocksville 171 South Clement Mocksville NC 27028 566001288 GOV'T ENTITY 250000 SEE PART IV Town of North Topsail Beach 1000 Hwy 210 Sneads Ferry NC 28460 561692876 GOV'T ENTITY 110750 SEE PART IV Town of Old Fort 38 Catawba Avenue Old Fort NC 28762 566001305 GOV'T ENTITY 800000 SEE PART IV Town of Pembroke PO Box 866 Pembroke NC 28372 560809922 GOV'T ENTITY 135000 SEE PART IV Town of Princeton PO Box 67 Princeton NC 27569 566017367 GOV'T ENTITY 527905 SEE PART IV Town of Spruce Pine PO Box 189 Spruce Pine NC 28777 566001342 GOV'T ENTITY 775350 SEE PART IV Triangle Volunteer Fire Department Inc PO Box 128 Bayboro NC 28515 561945679 501(c)(3) 350000 SEE PART IV Village of Walnut Creek PO Box 10911 Goldsboro NC 27534 561368096 GOV'T ENTITY 87500 SEE PART IV Western Piedmont Community College 1001 Burkemont Avenue Morganton NC 28655 560816544 GOV'T ENTITY 1500000 SEE PART IV Whitaker Park Development Authority Inc 95 W 32nd Street WinstonSalem NC 27105 453814914 501(c)(3) 681420 SEE PART IV Wilkes Economic Development Corporation 213 Ninth Street North Wilkesboro NC 28659 561957642 501(c)(3) 1500000 SEE PART IV 74 GRANTS MONITORING - FORM 990, SCHEDULE I, LINE 2: APPLICANTS THAT RECEIVE AWARDS FROM THE BOARD ARE REQUIRED TO SIGN A GRANTEE ACKNOWLEDGEMENT & AGREEMENT, WHICH STATES GUIDELINES AND CONDITIONS FOR A GRANT. GRANTEES MUST ALSO ATTEND A GRANTS MANAGEMENT TRAINING SESSION, UNLESS WAIVED BY THE SENIOR VICE PRESIDENT OR PRESIDENT OF THE FOUNDATION FOR GOOD CAUSE. GOOD CAUSE INCLUDES, FOR EXAMPLE, THE GRANTEE HAS PREVIOUSLY SUCCESSFULLY MANAGED A GRANT FROM THE FOUNDATION. THE GRANTEE ACKNOWLEDGEMENT & AGREEMENT MAY CONTAIN CONDITIONS THAT MUST BE SATISFIED BEFORE FUNDS WILL BE RELEASED. THESE CONDITIONS, ALONG WITH REQUIREMENTS FOR INTERIM AND FINAL REPORTS, ARE ENTERED IN A DATABASE. ONCE THE FOUNDATION RECEIVES THE SIGNED GRANTEE ACKNOWLEDGEMENT & AGREEMENT, EVIDENCE THAT PRECONDITIONS HAVE BEEN MET, AND A WRITTEN REQUEST FOR PAYMENT, THE APPLICANT IS ELIGIBLE TO RECEIVE AN INITIAL DISBURSEMENT. GRANTEES MAY RECEIVE ADVANCES IN INCREMENTS OF UP TO 20% OF THE GRANT AWARD OR REIMBURSEMENTS OF UP TO 80% OF THE GRANT AWARD OR A COMBINATION OF ADVANCES AND REIMBURSEMENTS WITHIN THOSE RESPECTIVE LIMITS. A SUM EQUAL TO 20% OF THE TOTAL AMOUNT OF THE GRANT IS RETAINED BY THE FOUNDATION UNTIL COMPLETION OF THE GRANTEE'S OBLIGATIONS UNDER THE GRANT, INCLUDING THE SUBMISSION TO THE FOUNDATION OF A FINAL REPORT ON THE FUNDED PROJECT AND SATISFACTION OF ANY REMAINING CONDITIONS TO RELEASE OF FUNDS. THE PRESIDENT OF THE FOUNDATION HAS THE AUTHORITY TO MODIFY THIS RELEASE SCHEDULE. GRANTEES MAY USE FUNDS ONLY FOR ITEMS IDENTIFIED IN THE PROJECT'S APPROVED BUDGET. SHOULD THE GRANTEE SEEK TO SPEND FUNDS ON A ITEM NOT INCLUDED IN THE BUDGET OR IN AN AMOUNT IN EXCESS OF THE APPROVED BUDGET AMOUNT, THE GRANTEE MUST RECEIVE APPROVAL OF A BUDGET MODIFICATION. IN NO EVENT MAY A GRANTEE SPEND GOLDEN LEAF FUNDS IN EXCESS OF THE AMOUNT AWARDED BY THE GOLDEN LEAF BOARD. GRANTEES MUST SUBMIT INTERIM REPORTS IN SIX MONTH INCREMENTS BEGINNING SIX MONTHS AFTER THE AWARD DATE AND A FINAL REPORT WITHIN 60 DAYS AFTER COMPLETION OF THE PROJECT, THOUGH THIS SCHEDULE MAY BE ADJUSTED IF APPROPRIATE FOR A PROJECT. IN SOME CASES, GRANTEES ARE ALSO REQUIRED TO SUBMIT REPORTS AFTER THE CONCLUSION OF THE PROJECT TO DOCUMENT ONGOING ACTIVITIES AND OUTCOMES. THE REPORTS INCLUDE INFORMATION REGARDING THE WORK ACCOMPLISHED COMPARED TO AN APPROVED LIST OF ACTIVITIES, REPORTED OUTCOMES OF THE PROJECT COMPARED TO APPROVED PROJECTED OUTCOMES, AND EXPENDITURE REPORTS. USING A SAMPLING PROCESS, THE FOUNDATION VERIFIES REPORTED ACTIVITIES, OUTCOMES, AND EXPENDITURES BY REVIEWING SUPPORTING DOCUMENTATION. FOUNDATION STAFF ALSO CONDUCTS SITE VISITS FOR SOME OF THE PROJECTS. THE GRANT MONITORING PROCESS IS RISK ADJUSTED, WITH SOME GRANTEES, SUCH AS THOSE WITH LESS GRANTS MANAGEMENT EXPERIENCE AND CAPACITY, RECEIVING MORE INTENSIVE MONITORING. Schedule I, Part II, Column h, Purpose of grant or assistance: 1 Thumb in the Dike: Meeting the Deluge of Demand for Technicians in Alamance County and the Region 2 Project Ranger - Bridge Infrastructure for Aerospace Manufacturing Employment 3 Scaling the High Country Food Hub through Satellite Pick-up Locations 4 Open a 25-Bed Recovery Center for Women Addicted to Drugs and Expand 2 Businesses Intended to Fund Payroll and Assist with Operational Costs 5 Project RADIUS (Regional and Accessible Diesel Is Uniting Services) 6 Industrial Systems Program Expansion in Alexander County 7 Golden LEAF Scholars Leadership Program & Golden LEAF Scholars Leadership Program 2021-2022 8 Bessemer City-TRU Water Interconnection 9 Project Grapple Campus Expansion 10 City of Dunn Assessment of Inflow and Infiltration 11 Garrison Lane Site Improvements: Project Wheel (R6) 12 Future Trivium Court Extension Project 13 City of Raeford - South Main Street and Southern Avenue Stormwater Improvements 14 Washington Medical District Storm Water Project 15 Establishing Heavy Equipment Operator Training in Western NC 16 Alexander Industrial Wastewater Expansion 17 Industrial Park Project 18 Bertie County Teacher Housing Initiative 19 Project Touchdown 20 P-3 Revolving Loan Spec Building Program & Southeastern Catawba County Business Park Infrastructure 21 Duplin County Water System Backup Generators 22 Greene County EOC and Communications Relocation 23 ROVA Site Demolition Project 24 Backup Generator Improvements 25 Project Mt. St. Helens 26 Sampson County 911 and Emergency Services Facilities 27 High-Country Kill & Chill Processing and Livestock Center (Regional Project) 28 Project Shell 29 Eastern Region Pharma Center (ERPC) 30 Historic Designation and Job Creation in Enfield, NC 31 2020 Water System Improvements 32 Workforce Training to Improve Employability 33 Project Jackpot Water and Sewer Infrastructure 34 Isothermal Covered Riding Ring: Advancing Credentials in Equine and Human Health 35 Hyped About Healthcare 36 Apprentice Line Technician Academy 37 HVAC for Education and Training at Three Peaks Enrichment Center & Resource Center for Entrepreneurs Training Classrooms 38 USGA - Building a Unified Vision for Championship Golf in North Carolina (Project Woodpecker) 39 Improving Medical Care at Mt Olive Family Medicine Center 40 Golden LEAF Two-Year Scholars Program 2021-2022 41 NCDA&CS Agricultural Sciences Center 42 Golden LEAF Scholarship Program (2021-22) 43 Establishment of a Long Term Research Site for Management Studies of the Guava Root-Knot Nematode in North Carolina Agriculture & Answering the Call from Rural NC: The Agricultural Institute and the Food Animal Industry 44 Building Resilient Local Meat Supply Chains in the Face of COVID-19: Enhancing Processing Services, Farm Viability, and Market Capacity 45 Northampton Career & Technical Academy of Innovation 46 Olympia Volunteer Fire Department - Building/Community Center 47 Pembroke Rescue Squad Support 48 Hurricane Florence Rapid Recovery Loan Program & Regional Leadership and Capacity Building Initiative 49 Hazard Mitigation Project 50 Advancing High-Tech Healthcare Education in Southwestern North Carolina 51 The Next Generation Textile and Furniture Economy 52 Local Government Training Initiative 53 Town of Aurora Generators 54 Town of Bethel Infrastructure Improvements for Disaster Recovery & Resilience 55 Municipal Marina Rebuild and Hardening [Hurricane Florence] 56 2020 Golden LEAF Drainage Improvements 57 Drexel Site 1 Redevelopment 58 Fair Bluff Apartments - Rough/Ready Road & Fair Bluff Water Supply Well Replacement 59 Town of Fairmont - Pump Station Rehabilitation 60 Sandy Land Waterline Extension 61 Camp Davis Industrial Park Phase II 62 Project Galaxy 63 Lillington Front Street Repair and Sewer System Assessment 64 Project Shed/Liberty Storage Solutions 65 Engineering Design and Repair of Damaged Town Park & Renovation and Expansion of Town Hall 66 Post-Secondary Education Improves Employability in Old Fort 67 Town of Pembroke / UNC-Pembroke Stormwater Mitigation Project 68 Princeton Business Improvement District Drainage Study, Repair, & Replacement 69 Hwy 226 Waterline Replacement 70 New Fire Station 71 Walnut Creek Pump Station No. 1 72 Regional Construction Trades Solution Center & Workforce Training 73 Whitaker Park Parking and Storm Water Project 74 Wilkes Commercial Business Center X X X X false false false false false false false false false Scott T Hamilton President/CEO 220269 0 0 0 20111 0 21461 0 11047 0 272888 0 0 0 Edward P Lord SVP/General Counsel 163721 0 2000 0 414 0 16671 0 21116 0 203922 0 0 0 APPROVAL OF GOVERNING BODY DECISIONS 990, PART VI, LINE 6, 7A, 7B: THE FOUNDATION IS GOVERNED BY A BOARD OF DIRECTORS COMPRISED OF FIFTEEN DIRECTORS. FIVE DIRECTORS ARE APPOINTED BY THE GOVERNOR OF THE STATE OF NORTH CAROLINA. FIVE DIRECTORS ARE APPOINTED BY THE PRESIDENT PRO TEMPORE OF THE NORTH CAROLINA SENATE. FIVE DIRECTORS ARE APPOINTED BY THE SPEAKER OF THE NORTH CAROLINA HOUSE OF REPRESENTATIVES. DISPOSAL OF ASSETS - FORM 990, PART VI, LINE 7B: THE FOUNDATION MAY NOT DISPOSE OF ASSETS PURSUANT TO THE PROVISIONS OF SECTION 55A-12-02 OF THE NORTH CAROLINA GENERAL STATUTES WITHOUT THE APPROVAL OF THE NORTH CAROLINA GENERAL ASSEMBLY. THE FOUNDATION MAY NOT AMEND ITS ARTICLES OF INCORPORATION WITHOUT THE APPROVAL OF THE NORTH CAROLINA GENERAL ASSEMBLY. FORM 990 REVIEW PROCESS - FORM 990, PART VI, LINE 11B: A COPY OF FORM 990 WAS PROVIDED TO EACH MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS. THE AUDIT COMMITTEE OF THE BOARD REVIEWED THE FORM 990 AND, PRIOR TO ITS FILING, RECOMMENDED APPROVAL TO THE FULL BOARD. CONFLICTS OF INTEREST - FORM 990, PART VI, LINE 12C: THE FOUNDATION'S BOARD OF DIRECTORS AND COMMITTEES MEET APPROXIMATELY SIX TIMES PER YEAR. AT EACH SUCH MEETING, OR GROUP OF MEETINGS, DIRECTORS ARE ASKED TO CONFIRM THEIR DISCLOSURE OR MAKE ANY NEW DISCLOSURES. WHEN A DIRECTOR DISCLOSES AN INTEREST IN A PROPOSED TRANSACTION, THE DIRECTOR DOES NOT PARTICIPATE IN THE DISCUSSION CONCERNING, OR THE VOTE UPON, THE PROPOSED TRANSACTION. DETERMINING COMPENSATION - FORM 990, PART VI, LINE 15: THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED SALARY AND BENEFIT INFORMATION FOR POSITIONS COMPARABLE TO THE PRESIDENT AT OTHER NORTH CAROLINA FOUNDATIONS AND ENDOWMENTS AND REVIEWED THE RESULTS OF A SALARY STUDY OF NONPROFIT SALARIES PRIOR TO MAKING A RECOMMENDATION TO THE BOARD REGARDING THE PRESIDENT'S SALARY AND BENEFITS. THE BOARD APPROVED THE SALARY AND BENEFITS OF THE PRESIDENT. AVAILABILITY OF OTHER DOCUMENTS - FORM 990, PART VI, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. CHANGES IN NET ASSETS - FORM 990, PART XI, LINE 9: CANCELLED GRANTS $5,294,187 OVERSIGHT/SELECTION PROCESS - FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. REQUIRED AUDIT - FORM 990, PART XII, LINE 3B: THE FOUNDATION'S SINGLE AUDIT IS DUE BY MARCH 31, 2022 AND WILL BE COMPLETED BY THE DUE DATE.