2019-02-14T15:07:39-06:00 2018-06-30 580673524 MOORE STEPHENS TILLER LLC 1960 SATELLITE BLVD SUITE 3600 DULUTH GA 30097 990 2017-07-01 582106879 GWINNETT TECH FOUNDATION INC GWIN 6782266425 5150 SUGARLOAF PARKWAY LAWRENCEVILLE GA 30043 MATTHEW HOLTKAMP BOARD CHAIR 6782266425 2019-02-05 1 GREGORY W HAYES P00054246 7709958800 96.87.242.57 2019-02-05 13:33:41 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 11413A56354823E292384D345D94644752484EFE 2017 2019-02-21 02:37:17Z MATTHEW HOLTKAMP 5150 SUGARLOAF PARKWAY LAWRENCEVILLE GA 30043 3474052 0 X WWW.GWINNETTTECH.EDU/FOUNDATION/ X 1994 GA TO SUPPORT GWINNETT TECHNICAL COLLEGE 22 22 0 30 0 0 2743493 1648621 0 0 191794 518681 0 0 2935287 2167302 2442134 2380208 0 0 0 0 0 0 0 75954 77836 2518088 2458044 417199 -290742 9007721 8587612 140347 82942 8867374 8504670 THE GWINNETT TECH FOUNDATION EXISTS FOR THE SOLE PURPOSE OF HELPING GWINNETT TECHICAL COLLEGE AND ITS STUDENTS SUCCEED THROUGH FINANCIAL SUPPORT INCLUDING SCHOLARSHIPS. 0 0 2380208 2380208 0 THE FOUNDATION'S EXEMPT PURPOSE IS TO GENERATE AND PROVIDE ADDITIONAL FUNDS FOR THE SUPPORT OF THE STUDENTS, PROGRAMS AND SERVICES OF GWINNETT TECHNICAL COLLEGE IN ORDER TO HELP THE COLLEGE ACHIEVE ITS STATED GOALS AND OBJECTIVES. GWINNETT TECH IS A TWO-YEAR TECHNICAL COLLEGE THAT HAS OVER 21,000 STUDENTS. 2380208 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X X MATTHEW HOLTKAMP BOARD CHAIR 6782266425 5150 SUGARLOAF PARKWAY LAWRENCEVILLE GA 30043 MATTHEW HOLTKAMP TRUSTEE, VICE CHAIR/CHAIR AS OF MAY2018 1.00 X X 0 0 0 KENT DAVIES TRUSTEE, VICE CHAIR AS OF MAY2018 1.00 X X 0 0 0 MIKHAIL BRITT TRUSTEE, TREASURER AS OF MAY2018 1.00 X X 0 0 0 KAREN FINE SALTIEL TRUSTEE, SECRETARY AS OF MAY2018 1.00 X X 0 0 0 MARY BETH BYERLY EX-OFFICIO EXECUTIVE DIRECTOR (NON-VOTING) 16.00 X X 42820 0 14219 DR ROB ANDERSON TRUSTEE 1.00 X 0 0 0 MARSHALL BOUTWELL TRUSTEE 1.00 X 0 0 0 DR GLEN CANNON EX-OFFICIO TRUSTEE (NON-VOTING) 1.00 X 0 0 0 CLIFF CLARK TRUSTEE AS OF MAY2018 1.00 X 0 0 0 JOHN-PAUL CROOM TRUSTEE AS OF MAY2018 1.00 X 0 0 0 SHANE FROMAN TRUSTEE 1.00 X 0 0 0 BARRY HENSLEY TRUSTEE 1.00 X 0 0 0 HERB HOFFMAN TRUSTEE AS OF MAY2018 1.00 X 0 0 0 JOANNA KIRKWOOD TRUSTEE 1.00 X 0 0 0 TRENT LIND TRUSTEE 1.00 X 0 0 0 JIM MCGEAN TRUSTEE 1.00 X 0 0 0 TERRY MCGRAW TRUSTEE AS OF MAY2018 1.00 X 0 0 0 JOELLE NAZAIRE TRUSTEE AS OF MAY2018 1.00 X 0 0 0 PRINCE NIYYAR TRUSTEE 1.00 X 0 0 0 LIZ SIEGRIST TRUSTEE 1.00 X 0 0 0 MARK SINGLETON TRUSTEE 1.00 X 0 0 0 RUSSELL SMITH TRUSTEE 1.00 X 0 0 0 MARK SWEENEY TRUSTEE 1.00 X 0 0 0 ELIZABETH VAN TASSELL PHR SHRM-CP TRUSTEE 1.00 X 0 0 0 MARTIN HOLLIS TRUSTEE EMERITUS (NON-VOTI 0.00 X 0 0 0 DAN KING TRUSTEE, EMERITUS AS OF MAY2018 1.00 X 0 0 0 SEAN MURPHY TRUSTEE, EMERITUS AS OF MAY2018 1.00 X 0 0 0 J ALVIN WILBANKS TRUSTEE, EMERITUS AS OF MAY2018 1.00 X 0 0 0 ANGIE WOO TRUSTEE, CHAIR (RET'D MAY2018) 1.00 X 0 0 0 MAC PEDEN TRUSTEE, TREASURER (RET'D MAY2018) 1.00 X 0 0 0 STEVE FLYNT DED TRUSTEE, SECRETARY (RET'D MAY2018) 1.00 X 0 0 0 42820 0 14219 0 0 0 1 0 450000 1198621 661318 1648621 143789 143789 1681642 1306750 374892 374892 374892 2167302 0 0 518681 2380208 2380208 24705 24705 50973 50973 BANK CHARGES 2158 2158 2458044 2380208 77836 0 211857 177228 749320 415391 1524264 760427 7667 7667 0 0 6522280 7234566 9007721 8587612 139069 81664 1278 1278 140347 82942 X 729489 836910 4682887 3989584 3454998 3678176 8867374 8504670 9007721 8587612 X -290742 -55778 -16184 X X 0 1 X 1 0 X 1520804 1566441 1458114 2743493 1648621 8937473 1520804 1566441 1458114 2743493 1648621 8937473 2046283 6891190 58589 78349 89753 112785 143789 483265 9420738 0.73150 0.75670 X 2643580 425958 3069538 2238017 405563 2643580 2100398 137619 2238017 2229315 129099 258016 2100398 2098095 129220 319385 11166 306219 2229315 0.00000 1.00000 0.00000 0 0 7667 7667 0 0 DUE TO AFFILIATES 1278 1278 X 2903694 -55778 792170 736392 2167302 0 2167302 3266398 792170 16184 808354 2458044 0 2458044 PART V, LINE 4: FOR SPECIFIC USE GRANTS AND SCHOLARSHIPS AS REQUESTED BY GWINNETT TECHNICAL COLLEGE TO ASSIST THE COLLEGE WITH ITS EDUCATIONAL PURPOSE. PART X, LINE 2: AUDIT NOTE: "GAAP PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FOUNDATION'S FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE IMPLICATIONS OF THESE STANDARDS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS FOR THE FOUNDATION; THEREFORE NO TAX EXPENSE OR ACCRUALS ARE INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS." PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTABLE PLEDGES SCHEDULE D, PART XI, LINE 2B & PART XII, LINE 2A: DONATED SERVICES: GWINNETT TECH FOUNDATION DOES NOT HAVE ANY EMPLOYEES. ALL INDIVIDUALS WHO MANAGE AND PERFORM THE DAY-TO-DAY OPERATIONAL WORK OF THE FOUNDATION ARE EMPLOYED BY AND PAID BY GWINNETT TECHNICAL COLLEGE, AN UNRELATED ORGANIZATION. ALL COMPENASION DECISIONS ARE HANDLED BY GWINNETT TECHINICAL COLLEGE UNDER THE COLLEGE'S COMPENSATION POLICIES AND PROCEDURES. THE FOUNDATION SHOWS A CONTRIBUTION FROM THE COLLEGE OF "DONATED SERVICES" ON SCHEDULE D AND A CORRESPONDING EXPENSE RELATED TO THESE "DONATED SERVICES" ALSO ON SCHEDULE D. 1 GWINNETT TECHNICAL COLLEGE 5150 SUGARLOAF PKWY LAWRENCEVILLE GA 30043 582106879 501(C)(3) 1505866 661318 COST BASIS VARIOUS CLASSROOM EDUCATIONAL MATERIALS & TOOLS BOTH THE CASH AND NON-CASH GRANTS SUPPORT THE ACADEMIC PURSUITS OF GWINNETT TECHNICAL COLLEGE GWINNETT TECHNICAL COLLEGE 5150 SUGARLOAF PKWY LAWRENCEVILLE GA 30043 582106879 501(C)(3) 213024 208 NEED & MERIT BASED SCHOLARSHIPS APPROVED BY AND FOR THE STUDENTS OF GWINNETT TECHNICAL COLLEGE 1 0 PART I, LINE 2: ALL GRANTS AND SCHOLARSHIP PAYMENTS ARE MADE TO GWINNETT TECHNICAL COLLEGE. THE COLLEGE MUST REQUEST FUNDS FOR DISBURSEMENT WHETHER FOR EDUCATIONAL MATERIALS OR SCHOLARSHIPS BY STATING THE PURPOSE AND USE BY THE COLLEGE. ALL GIFT-IN-KIND DONATIONS ARE PROCESSED BY THE FOUNDATION AND THEN TRANSFERRED DIRECTLY TO THE COLLEGE. SCHOLARSHIPS TO STUDENTS OF GWINNETT TECHNICAL COLLEGE ARE REQUESTED BY THE COLLEGE, AND THE FOUNDATION DOES NOT MAKE ANY RECOMMENDATIONS OR DETERMINATION WITH RESPECT TO THE SCHOLARSHIP RECIPIENTS. THE FOUNDATION HAS ACCESS TO THE COLLEGE'S RECORDS TO VALIDATE THE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, LINE 5: THE GWINNETT TECH FOUNDATION DOES NOT HAVE ANY EMPLOYEES. THE EXECUTIVE DIRECTOR AND ALL OTHER PERSONNEL ARE EMPLOYEES OF GWINNETT TECHNICAL COLLEGE, AN UNRELATED ORGNIZATION, WHICH DONATES THEIR SERVICES TO THE FOUNDATION: MARY BETH BYERLY, EXECUTIVE DIRECTOR $42,820 OF HER W-2 SALARY (40%) AND $14,219 OF HER BENEFITS (40%) ARE ATTRIBUTABLE TO SERVICES RENDERED TO THE FOUNDATION X ACADEMIC PROGRAM, EDUCATIONAL & CLASSROOM MATERIALS 55 436621 COST BASIS X COMPUTER SOFTWARE 2 224697 COST BASIS 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 THE BOARD OF TRUSTEES IS COMPOSED OF BUSINESS, GOVERNMENT, AND COMMUNITY LEADERS IN THE LOCAL AREA. DUE TO THE EXTENSIVE INVOLVEMENT OF THESE COMMUNITY LEADERS IN BUSINESS AND OTHER COMMUNTY AFFAIRS, THE TRUSTEES MAY HAVE NORMAL BUSINESS RELATIONSHIPS THAT MIGHT BE EXPECTED OF LEADERS IN A SUBURBAN COMMUNITY. HOWEVER, THESE BUSINESS RELATIONSHIPS SHALL BE CONDUCTED AT ARMS' LENGTH, PURSUANT TO NORMAL BUSINESS TERMS AND THE FOUNDATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THEN PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS ACKNOWLEDGED AND SIGNED WHEN A OFFICER OR TRUSTEE BEGINS THEIR POSITION WITH THE FOUNDATION. MONITORING IS ACHIEVED THROUGH THE POLICY'S REQUIREMENT TO BRING TO THE ATTENTION OF THE BOARD OR THE EXECUTIVE COMMITTEE ANY AND ALL BUSINESS OR OTHER RELATIONSHIPS THAT COME UNDER THE PURVIEW OF THE POLICY. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS EXEMPT STATUS DETERMINATION LETTER AVAILABLE UPON REQUEST TO THE PUBLIC ALONG WITH ITS FORM 990 RETURNS WHICH ARE ALSO AVAILABLE ON ITS WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9: UNCOLLECTABLE PLEDGES -16,184. FORM 990, PART XII, LINE 2C: THE METHOD BY WHICH THE FOUNDATION CHOOSES AN AUDITOR AND REVIEWS ITS FINANCIAL STATMENTS HAS NOT CHANGED SINCE THE PRIOR YEAR. GWINNETT TECH FOUNDATION II LLC (SINGLE MEMBER LLC) 5150 SUGARLOAF PKWY LAWRENCEVILLE GA 30043 582106879 THERE WERE NO SIGNIFICANT ACTIVITIES FOR THE FISCAL YEAR GA 0 0