VALDOSTA STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- VALDOSTA STATE UNIVERSITY FOUNDATION INC (EIN 58-1582136)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-14
- IRS object ID
- 201421349349306247
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-14T15:28:03-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581224069 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Fowler Holley Rambo & Stalvey PC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3208 Wildwood Plantation Drive | AddressLine1 |
| City | Valdosta | City |
| State | GA | State |
| ZIP Code | 31605 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581582136 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Valdosta State University Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VALD | BusinessNameControlTxt |
| Phone | 2293335939 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 N Patterson Street | AddressLine1 |
| City | Valdosta | City |
| State | GA | State |
| ZIP Code | 31698 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John D Crawford | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 2293335939 | PhoneNum |
| Signature | 2014-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | C Wayne Rambo CPA | PreparerPersonNm |
| PTIN | P01298902 | PTIN |
| Phone | 2292441559 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | John D Crawford | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 N Patterson St | AddressLine1 |
| City | Valdosta | City |
| State | GA | State |
| ZIP Code | 31698 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $19,122,380 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.valdosta.edu/adv/fnd | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1963 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | The Foundation exists to support development of educational excellence at Valdosta State University. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,157,624 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,621,528 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $542,948 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $752,503 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,316,401 | PYInvestmentIncomeAmt |
| CY Investment Income | $997,048 | CYInvestmentIncomeAmt |
| PY Other Revenue | $411,861 | PYOtherRevenueAmt |
| CY Other Revenue | $837,591 | CYOtherRevenueAmt |
| PY Total Revenue | $6,428,834 | PYTotalRevenueAmt |
| CY Total Revenue | $6,208,670 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $682,380 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $611,403 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,149,185 | PYOtherExpensesAmt |
| CY Other Expenses | $3,430,167 | CYOtherExpensesAmt |
| PY Total Expenses | $3,831,565 | PYTotalExpensesAmt |
| CY Total Expenses | $4,041,570 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,597,269 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,167,100 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $37,917,654 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,749,392 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,085,915 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,428,024 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $29,831,739 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $33,321,368 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Foundation exists to support development of educational excellence at Valdosta State University. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,393,105 | ExpenseAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $611,403 | ExpenseAmt |
| Grant | $611,403 | GrantAmt |
| Desc | Scholarships to students of Valdosta State University. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $4,004,508 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 112 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Bonnie J Martin CPA | PersonNm |
| Phone | 2293337176 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 N Patterson Street | AddressLine1 |
| City | Valdosta | City |
| State | GA | State |
| ZIP Code | 31698 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| THOMAS D NEWBERN | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM S COWART | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| TRAVERS S PAULK | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| MARY MARGARET RICHARDSON | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| TIM O HARRIS | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| JEFF HOOKS | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| JERRY J JENNETT | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS D ODOM | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM R GROW SR | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| A PARRISH CLARK JR | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| CAROLYN EAGER | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| DIXIE S LIGHTFOOT | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| DANNY ROUNTREE | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID HIERS | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM J McKINNEY | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $289,517 | $0 | |
| KEVIN MCCRANEY | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| BRITT MCLANE | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| JESSIE TUGGLE | ||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | |
| JESSE MARANVILLE | ||||||
| VICE CHAIRMAN | 4.00 | $0 | $0 | $0 | Yes (X) | |
| JOHN D CRAWFORD | ||||||
| CEO | 40.00 | $0 | $154,394 | $0 | Yes (X) | |
| BONNIE J MARTIN | ||||||
| ACCOUNTING DIRECTOR | 40.00 | $0 | $71,661 | $0 | Yes (X) | |
| CHUCK H DUNMON JR | ||||||
| PAST CHAIRMAN | 8.00 | $0 | $0 | $0 | Yes (X) | |
| WAYNE C EDWARDS | ||||||
| CHAIRMAN | 8.00 | $0 | $0 | $0 | Yes (X) | |
| THOMAS C PRITCHETT SR | ||||||
| CHAIRMAN ELECT | 4.00 | $0 | $0 | $0 | Yes (X) | |
| MARTIN E MCGHIN | ||||||
| TREASURER | 8.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $515,572 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Chartwells Dining Services | BusinessNameLine1 |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2400 Yorkmont Rd | AddressLine1 |
| City | Charlotte | City |
| State | NC | State |
| ZIP Code | 28217 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Food Services | ServicesDesc |
| Compensation | $262,557 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $3,621,528 | AllOtherContributionsAmt |
| Noncash Contributions | $215,261 | NoncashContributionsAmt |
| Total Contributions | $3,621,528 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FEES | 900099 | $708,724 | $708,724 |
| OTHER REVENUE | 900099 | $43,779 | $43,779 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $752,503 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $757,174 | TotalRevenueColumnAmt |
| Exclusion | $757,174 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,765 | TotalRevenueColumnAmt |
| Exclusion | $16,765 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $823,913 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $352,258 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $471,655 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $471,655 | TotalRevenueColumnAmt |
| Exclusion | $471,655 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,998,100 | SecuritiesAmt |
| Other | $1,803,226 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,623,950 | SecuritiesAmt |
| Other | $1,937,502 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $374,150 | SecuritiesAmt |
| Other | -$134,276 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $239,874 | TotalRevenueColumnAmt |
| Exclusion | $239,874 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Change in Interest Rate Swap | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $349,171 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $349,171 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $349,171 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,208,670 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,101,674 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,485,468 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $611,403 | TotalAmt |
| Program Services | $611,403 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,492 | TotalAmt |
| Program Services | $2,492 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,400 | TotalAmt |
| Program Services | $16,700 | ProgramServicesAmt |
| Management And General | $16,700 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,520 | TotalAmt |
| Program Services | $143,520 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $639,574 | TotalAmt |
| Program Services | $639,574 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,287 | TotalAmt |
| Program Services | $24,287 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,821 | TotalAmt |
| Program Services | $22,821 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,634 | TotalAmt |
| Program Services | $36,634 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,589 | TotalAmt |
| Program Services | $23,589 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,579 | TotalAmt |
| Program Services | $145,579 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,186 | TotalAmt |
| Program Services | $112,186 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $339,728 | TotalAmt |
| Program Services | $339,728 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $293,810 | TotalAmt |
| Program Services | $293,810 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,149 | TotalAmt |
| Program Services | $6,787 | ProgramServicesAmt |
| Management And General | $20,362 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Payments to or on behal | $693,432 | $693,432 |
| Meals and entertainment | $473,987 | $473,987 |
| Supplies | $264,450 | $264,450 |
| Registrations | $50,670 | $50,670 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,859 | TotalAmt |
| Program Services | $102,859 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,041,570 | TotalAmt |
| Program Services | $4,004,508 | ProgramServicesAmt |
| Management And General | $37,062 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,198,188 | BOYAmt |
| EOY | $1,572,442 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,534 | BOYAmt |
| EOY | $251,041 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $907,445 | BOYAmt |
| EOY | $1,783,863 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,736 | BOYAmt |
| EOY | $70,368 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,189 | BOYAmt |
| EOY | $14,994 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,090,141 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $979,113 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,307,542 | BOYAmt |
| EOY | $8,111,028 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,108,573 | BOYAmt |
| EOY | $28,820,363 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,246 | BOYAmt |
| EOY | $85,956 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,201 | BOYAmt |
| EOY | $39,337 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,917,654 | BOYAmt |
| EOY | $40,749,392 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,657 | BOYAmt |
| EOY | $97,933 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,968,038 | BOYAmt |
| EOY | $4,737,452 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,703,502 | BOYAmt |
| EOY | $1,623,772 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,313,718 | BOYAmt |
| EOY | $968,867 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,085,915 | BOYAmt |
| EOY | $7,428,024 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,188,644 | BOYAmt |
| EOY | $2,238,831 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,679,759 | BOYAmt |
| EOY | $4,398,128 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,963,336 | BOYAmt |
| EOY | $26,684,409 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,831,739 | BOYAmt |
| EOY | $33,321,368 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,917,654 | BOYAmt |
| EOY | $40,749,392 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,167,100 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,322,529 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,832,602 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,746,550 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,285,082 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,157,624 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,621,528 | CurrentTaxYearAmt |
| Total | $17,643,386 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,832,602 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,746,550 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,285,082 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,157,624 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,621,528 | CurrentTaxYearAmt |
| Total | $17,643,386 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,177,429 | SubstantialContributorsTotAmt |
| Public Support Total170 | $13,465,957 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $605,767 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $448,587 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $593,422 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $649,424 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $757,174 | CurrentTaxYearAmt |
| Total | $3,054,374 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $805,481 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $438,493 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $481,728 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $392,045 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $471,655 | CurrentTaxYearAmt |
| Total | $2,589,402 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $23,287,162 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,560,077 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.57830 | PublicSupportCY170Pct |
| Public Support PY170 | 0.54160 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $17,400 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,643,095 | BeginningYearBalanceAmt |
| Contributions | $3,540,077 | ContributionsAmt |
| Investment Earnings Or Losses | $2,044,764 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,145,400 | OtherExpendituresAmt |
| End Year Balance | $31,082,536 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,043,248 | BeginningYearBalanceAmt |
| Contributions | $3,872,736 | ContributionsAmt |
| Investment Earnings Or Losses | $1,575,740 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,848,629 | OtherExpendituresAmt |
| End Year Balance | $26,643,095 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,706,186 | BeginningYearBalanceAmt |
| Contributions | $4,488,978 | ContributionsAmt |
| Investment Earnings Or Losses | -$393,222 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,758,694 | OtherExpendituresAmt |
| End Year Balance | $23,043,248 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,136,272 | BeginningYearBalanceAmt |
| Contributions | $1,808,126 | ContributionsAmt |
| Investment Earnings Or Losses | $1,414,585 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,652,797 | OtherExpendituresAmt |
| End Year Balance | $22,706,186 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,901,160 | BeginningYearBalanceAmt |
| Contributions | $1,507,627 | ContributionsAmt |
| Investment Earnings Or Losses | $4,358,664 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,631,179 | OtherExpendituresAmt |
| End Year Balance | $21,136,272 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,098,078 | OtherCostOrOtherBasisAmt |
| Book Value | $2,098,078 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,931,664 | OtherCostOrOtherBasisAmt |
| Depreciation | $942,651 | DepreciationAmt |
| Book Value | $5,989,013 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $60,399 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,462 | DepreciationAmt |
| Book Value | $23,937 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,111,028 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Interest Rate Swap Liability | $582,469 |
| Char. Rem. Trust Obligations | $268,072 |
| Due to VSU Alumni Association | $118,326 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $968,867 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,585,803 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,322,529 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $60,761 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $486,534 | OtherRevenueAmt |
| Revenue Not Reported | $1,869,824 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,715,979 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $143,520 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $349,171 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $492,691 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,208,670 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,096,174 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $60,761 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $486,534 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $547,295 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,548,879 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $143,520 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $349,171 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $492,691 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,041,570 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 Loss on Sale of Fixed Assets |
| Part XI, Line 4b - Other Adjustments: | Change in Interest Rate Swap Agreement |
| Part XII, Line 2d - Other Adjustments: | Rental expenses Loss on Sale of Fixed Assets |
| Part XII, Line 4b - Other Adjustments: | Change in Interest Rate Swap Agreement |
| 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. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 313 | RecipientCnt |
| Cash Grant | $611,403 | CashGrantAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2 - PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN THE U.S.: | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAM J McKINNEY | ||||||||||||||
| TRUSTEE | $0 | $289,517 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $289,517 | $0 | $0 |
| JOHN D CRAWFORD | ||||||||||||||
| CEO | $0 | $154,394 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $154,394 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Development Authority of Lowndes County | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 582186325 | BondIssuerEIN |
| Bond Issued | 2007-11-01 | BondIssuedDt |
| Issue Price | $5,800,000 | IssuePriceAmt |
| Purpose | Education Buildings | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $5,589,519 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $87,000 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $5,502,519 | CapitalExpendituresAmt |
| Substantial Completion | 2009 | SubstantialCompletionYr |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | 0 | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $215,930 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Selling Price | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 342,850. Management and general expenses 0. Fundraising expenses 0. Total expenses 342,850. Management Fees: Program service expenses 17,511. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,511. Other Services: Program service expenses 279,213. Management and general expenses 0. Fundraising expenses 0. Total expenses 279,213. |
| Form 990, Part XII, Line 2c: | No change in the audit oversight process or the independent auditor selection process during the current year. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VALDOSTA STATE UNIVERSITY | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 N PATTERSON ST | AddressLine1 |
| City | VALDOSTA | City |
| State | GA | State |
| ZIP Code | 31698 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 586002072 | EIN |
| Primary Activities | EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Exempt Code Section | 170b1A | ExemptCodeSectionTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| VALDOSTA STATE UNIVERSITY | ||
| J | $486,659 | COST |
| VALDOSTA STATE UNIVERSITY | ||
| R | $693,432 | COST |