2015-05-14T14:40:05-05:00 2014-12-31 581224069 Fowler Holley Rambo & Stalvey PC 3208 Wildwood Plantation Drive Valdosta GA 31605 990 2014-01-01 581582136 Valdosta State University Foundation Inc VALD 2293335939 1500 N Patterson Street Valdosta GA 31698 John D Crawford CEO 2293335939 2015-05-14 1 C Wayne Rambo CPA P01298902 2292441559 2014 2016-02-25 16:41:14Z John D Crawford 1500 N Patterson St Valdosta GA 31698 20732704 0 X www.valdosta.edu/adv/fnd X 1963 GA The Foundation exists to support development of educational excellence at Valdosta State University. 25 25 0 0 0 0 3621528 3552703 752503 682560 997048 1858538 837591 512430 6208670 6606231 611403 688092 0 0 0 0 0 0 0 3430167 3929761 4041570 4617853 2167100 1988378 40749392 41994657 7428024 6939892 33321368 35054765 The Foundation exists to support development of educational excellence at Valdosta State University. 0 0 3888901 682560 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. 688092 688092 Scholarships to students of Valdosta State University. 4576993 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 0 0 0 0 0 1 0 0 0 1 117 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X Bonnie J Martin CPA 2293337176 1500 N Patterson Street Valdosta GA 31698 THOMAS D NEWBERN TRUSTEE 4.00 X 0 0 0 WILLIAM S COWART TRUSTEE 4.00 X 0 0 0 TRAVERS S PAULK TRUSTEE 4.00 X 0 0 0 MARY MARGARET RICHARDSON TRUSTEE 4.00 X 0 0 0 TIM O HARRIS TRUSTEE 4.00 X 0 0 0 JEFFREY Q HOOKS TRUSTEE 4.00 X 0 0 0 JERRY J JENNETT TRUSTEE 4.00 X 0 0 0 THOMAS D ODOM TRUSTEE 4.00 X 0 0 0 WILLIAM R GROW SR TRUSTEE 4.00 X 0 0 0 A PARRISH CLARK JR TRUSTEE 4.00 X 0 0 0 CAROLYN EAGER TRUSTEE 4.00 X 0 0 0 DIXIE S LIGHTFOOT TRUSTEE 4.00 X 0 0 0 DANNY ROUNTREE TRUSTEE 4.00 X 0 0 0 DAVID A HIERS TRUSTEE 4.00 X 0 0 0 WILLIAM J McKINNEY TRUSTEE 4.00 X 0 293366 0 JOHN K MCCRANEY TRUSTEE 4.00 X 0 0 0 BRITT MCLANE TRUSTEE 4.00 X 0 0 0 JESSIE F TUGGLE TRUSTEE 4.00 X 0 0 0 ROBERT W HAGAN TRUSTEE 4.00 X 0 0 0 JOHN B MCLANE TRUSTEE 4.00 X 0 0 0 MICHAEL NOLL TRUSTEE 4.00 X 0 0 0 JESSE L MARANVILLE VICE CHAIRMAN 4.00 X 0 0 0 JOHN D CRAWFORD CEO 40.00 X 0 156896 0 BONNIE J MARTIN ACCOUNTING DIRECTOR 40.00 X 0 0 0 CHUCK H DUNMON JR PAST CHAIRMAN 8.00 X 0 0 0 WAYNE C EDWARDS CHAIRMAN 8.00 X 0 0 0 THOMAS C PRITCHETT SR CHAIRMAN ELECT 4.00 X 0 0 0 MARTIN E MCGHIN TREASURER 8.00 X 0 0 0 0 450262 0 0 0 1 0 J F Smith Group Inc PO Box 1197 Auburn AL 36831 Consulting Services 349583 Chartwells Dining Services 2400 Yorkmont Rd Charlotte NC 28217 Food Services 230395 2 3552703 13637 3552703 FEES 900099 655675 655675 OTHER REVENUE 900099 26885 26885 682560 717210 717210 17326 17326 519259 24155 495104 495104 495104 14819718 423928 13916290 186028 903428 237900 1141328 1141328 6606231 682560 0 2370968 X 688092 688092 10288 10288 32500 16250 16250 167036 167036 1102999 1102999 11008 11008 13626 13626 45282 45282 49575 49575 143453 143453 135908 135908 318526 318526 232275 232275 32814 8204 24610 Payments to or on behal 710050 710050 Meals and entertainment 425551 425551 Supplies 246199 246199 Change in Interest Rate 83323 83323 169348 169348 4617853 4576993 40860 0 1572442 1041237 251041 252566 1783863 2336322 70368 65099 14994 16784 8906849 1189917 8111028 7716932 28820363 30486050 85956 79667 39337 0 40749392 41994657 97933 53542 4737452 4496147 1623772 1353999 968867 1036204 7428024 6939892 X 2238831 1504900 4398128 5552655 26684409 27997210 33321368 35054765 40749392 41994657 1988378 -254981 0 X X 0 1 X 1 0 X 3746550 4285082 4157624 3621528 3552703 19363487 3746550 4285082 4157624 3621528 3552703 19363487 4498718 14864769 448587 593422 649424 757174 717210 3165817 438493 481728 392045 471655 495104 2279025 24808329 3747613 0.59920 0.57830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17400 X 0 31082536 3794097 822162 2148931 33549864 26643095 3540077 2044764 1145400 31082536 23043248 3872736 1575740 1848629 26643095 22706186 4488978 -393222 3758694 23043248 21136272 1808126 1414585 1652797 22706186 1 0 1912050 1912050 6931664 1162482 5769182 63135 27435 35700 7716932 Interest Rate Swap Liability 665792 Char. Rem. Trust Obligations 254319 Due to VSU Alumni Association 116093 1036204 X 6040099 -254980 69566 24155 -161259 6201358 166973 237900 404873 6606231 4306701 69566 24155 93721 4212980 166973 237900 404873 4617853 Part III, Line 4: Art collection on display to promote involvement in and support for art education. 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, 2013 and 2012, 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, 2013 and 2012 or the statements of activities for the years then ended. Further, all years subsequent to 2010 remain subject to examination by the IRS. Part XI, Line 2d - Other Adjustments: Rental expenses Part XI, Line 4b - Other Adjustments: Gain on sale of property Part XII, Line 2d - Other Adjustments: Rental expenses Part XII, Line 4b - Other Adjustments: Gain on sale of property 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 334 688092 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 TRUSTEE 0 293366 0 0 0 0 0 0 0 0 0 293366 0 0 JOHN D CRAWFORD CEO 0 156896 0 0 0 0 0 0 0 0 0 156896 0 0 A Development Authority of Lowndes County 582186325 2007-11-01 5800000 Education Buildings 0 1 0 A 5589519 87000 5502519 2009 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 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 Governing documents are made available for public inspection upon request. Form 990, Part IX, line 11g Non-employee Compensation: Program service expenses 352,509. Management and general expenses 0. Fundraising expenses 0. Total expenses 352,509. Management Fees: Program service expenses 17,754. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,754. Other Services: Program service expenses 732,736. Management and general expenses 0. Fundraising expenses 0. Total expenses 732,736. 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 501259 COST VALDOSTA STATE UNIVERSITY R 710050 COST