2016-02-15T00:00:00-06:00 2015-06-30 580673524 MOORE STEPHENS TILLER LLC 1960 SATELLITE BOULEVARD STE 3600 DULUTH GA 30097 990 2014-07-01 582106879 GWINNETT TECH FOUNDATION INC GWIN 6782266425 5150 SUGARLOAF PARKWAY LAWRENCEVILLE GA 30043 MICHAEL PRICE CHAIRMAN 6782266425 2016-02-15 1 GREGORY W HAYES P00054246 7709958800 2014 2016-08-17 19:52:53Z MARY BETH BYERLY 5150 SUGARLOAF PARKWAY LAWRENCEVILLE GA 30043 5594623 0 X WWW.GWINNETTTECH.EDU/FOUNDATION/ X 1994 GA TO SUPPORT GWINNETT TECHNICAL COLLEGE 13 13 0 21 0 0 1520804 1566441 0 0 194377 127559 0 0 1715181 1694000 1052388 1115421 0 0 0 0 0 0 0 100123 64802 1152511 1180223 562670 513777 7402113 7847252 49576 43981 7352537 7803271 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 1117469 1115421 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 22,000 STUDENTS THROUGH THREE EDUCATIONAL DELIVERY SYSTEMS: (1) 2 YEAR COLLEGE CREDIT PROGRAMS, (2) ADULT EDUCATION PROGRAMS AND (3) CONTINUING EDUCATION PROGRAMS. 1117469 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 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X X SHEILA BROOKSHAW 6782266425 5150 SUGARLOAF PARKWAY LAWRENCEVILLE GA 30043 MICHAEL PRICE TRUSTEE, BOARD CHAIR 0.00 X X 0 0 0 MARK SINGLETON TRUSTEE, VICE CHAIR 0.00 X X 0 0 0 MAC PEDEN TRUSTEE, TREASURER 0.00 X X 0 0 0 SCOTT MURI DED TRUSTEE, SECRETARY 0.00 X X 0 0 0 STEVE FLYNT DED TRUSTEE 0.00 X 0 0 0 AMY GREINER TRUSTEE 0.00 X 0 0 0 MATTHEW HOLTKAMP TRUSTEE 0.00 X 0 0 0 DAN KING TRUSTEE 0.00 X 0 0 0 JIM MCGEAN TRUSTEE 0.00 X 0 0 0 SEAN MURPHY TRUSTEE 0.00 X 0 0 0 LEE TUCKER TRUSTEE 0.00 X 0 0 0 J ALVIN WILBANKS EX-OFFICIO 0.00 X 0 0 0 ANGIE WOO TRUSTEE 0.00 X 0 0 0 DR GLEN CANNON EX-OFFICIO (NON-VOTING) 0.00 X 0 0 0 MARTIN HOLLIS TRUSTEE EMERITUS (NON-VOTING) 0.00 X 0 0 0 MIKHAIL BRITT FROM 52115 TRUSTEE 0.00 X 0 0 0 SANDY SCHUMATE RET'D 52015 TRUSTEE 0.00 X 0 0 0 KIM RYAN RET'D 83014 TRUSTEE 0.00 X 0 0 0 PERRY ROBERTS RET'D 123115 EXECUTIVE DIRECTOR (NON-VOTING) 40.00 X 63417 0 27614 MARY BETH BYERLY FROM 1115 EXECUTIVE DIRECTOR (NON-VOTING) 40.00 X 0 0 0 63417 0 27614 0 0 0 1 0 1566441 308500 1566441 78349 78349 3949833 3900623 49210 49210 49210 1694000 0 0 127559 888328 888328 227093 227093 14270 14270 46431 46431 BANK CHARGES 2053 2053 UNCOLLECTIBLE PLEDGES 2048 2048 1180223 1117469 62754 0 165271 97736 1305920 1116641 1073876 1459438 7667 7667 0 0 4857046 5173437 7402113 7847252 48368 42703 1208 1278 49576 43981 X 624620 546879 4498602 4117566 2229315 3138826 7352537 7803271 7402113 7847252 X 513777 -63041 -2 X X 0 1 X 1 0 X 1172020 3336660 648989 1520804 1566441 8244914 1172020 3336660 648989 1520804 1566441 8244914 725428 7519486 35064 31191 60110 58589 78349 263303 8508217 0.88380 0.76630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2229315 129099 0 0 258016 0 2100398 2098095 129220 319385 11166 306219 0 2229315 2097029 1066 154044 154044 0 0 2098095 0 2097029 39384 39384 0 0 2097029 1.00000 0 0 7667 7667 0 0 DUE TO AFFILIATE 1278 1278 X 2629028 -63041 998071 935030 1693998 2 2 1694000 2178294 998071 998071 1180223 0 1180223 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 FOUNDATIONS 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 XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 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 COMPENSATION 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 223894837 501(C)(3) 579828 308500 COST BASIS VARIOUS EDUCATIONAL MATERIALS BOTH THE CASH AND NON-CASH GRANTS SUPPORT THE ACADEMIC PURSUITS OF GWINNETT TECHNICAL COLLEGE. THE COLLEGE REQUESTS GRANTS FROM THE FOUNDATION FOR THE AMOUNT OF THE SUPPORT NEEDED. 1 THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS OF GWINNETT TECHNICAL COLLEGE AS REQUESTED BY THE COLLEGE. 262 227093 PART I, LINE 2: ALL GRANTS ARE MADE TO GWINNETT TECHNICAL COLLEGE. THE COLLEGE MUST REQUEST FUNDS FOR DISBURSEMENT WHETHER FOR SCHOLARSHIP(S) OR EDUCATIONAL MATERIALS BY STATING THE USE BY THE COLLEGE. 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. THE COLLEGE DONATES THEIR SERVICES TO THE FOUNDATION: PERRY ROBERTS, EXECUTIVE DIRECTOR $63,417 OF HIS W-2 SALARY PLUS $27,622 OF HIS DEFERRED COMPENSATION AND BENEFITS ARE RELATED TO HIS SERVICES RENDERED TO THE FOUNDATION X 2 108945 COST BASIS X COMPUTER SOFTWARE 1 108000 COST BASIS X EDUCATIONAL & CLASSROOM MATERIALS 26 91555 COST BASIS 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 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 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 XI, LINE 9: ROUNDING -2. FORM 990, PART XII, LINE 2C: THE PROCESS BY WHICH THE BOARD APPROVES THE AUDITOR AND REVIEWS THE AUDITED FINANCIAL STATEMENTS 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 7/1/2014-6/30/2015 GA 0 0