2012-11-15T09:05:45-06:00 2011-12-31 581224069 Fowler Holley Rambo & Stalvey PC 3208 Wildwood Plantation Drive Valdosta GA 31605 990 2011-01-01 581582136 Valdosta State University Foundation Inc VALD 2293335939 1500 N Patterson Street Valdosta GA 31698 John D Crawford 2293335939 2012-11-15 1 C Wayne Rambo CPA P01298902 2292441559 2011 2016-02-24 21:20:13Z John D Crawford 1500 N Patterson St Valdosta GA 31698 13702582 0 X www.valdosta.edu/adv/fnd X 1963 GA The Foundation exists to support development of educational excellence at Valdosta State University. 21 21 0 0 0 0 3746550 4285082 1010956 606472 1378968 817450 464612 505461 6601086 6214465 424047 651071 0 0 0 0 0 0 0 2796815 4836755 3220862 5487826 3380224 726639 33299147 34829827 6659776 8306051 26639371 26523776 The Foundation exists to support development of educational excellence at Valdosta State University. 0 0 4805692 0 0 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. 651071 651071 0 Scholarships to students of Valdosta State University. 5456763 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 1 0 0 0 0 1 0 0 0 0 1 168 0 0 0 0 0 0 0 1 1 0 0 0 1 0 X 21 21 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X Bonnie J Martin CPA 2293337176 1500 N Patterson Street Valdosta GA 31698 PATRICK J SCHLOSS 4.00 X 0 222500 0 THOMAS D NEWBERN 4.00 X 0 0 0 WILLIAM S COWART 4.00 X 0 0 0 TIMOTHY R GOLDEN 4.00 X 0 0 0 TRAVERS S PAULK 4.00 X 0 0 0 MARY MARGARET RICHARDSON 4.00 X 0 0 0 TIM O HARRIS 4.00 X 0 0 0 GREGORY A VOYLES 4.00 X 0 0 0 JERRY J JENNETT 4.00 X 0 0 0 ANN K LACKEY 4.00 X 0 0 0 PEGGY L MOCH 4.00 X 0 0 0 THOMAS D ODUM 4.00 X 0 0 0 F LAMAR PEARSON 4.00 X 0 0 0 LARRY W COLSON 4.00 X 0 0 0 WILLIAM R GROW SR 4.00 X 0 0 0 MARTIN E MCGHIN 4.00 X 0 0 0 LOUIS H LEVY 4.00 X 0 125000 0 JESSE MARANVILLE 4.00 X 0 0 0 JOHN D CRAWFORD 40.00 X 0 161200 0 BONNIE J MARTIN 40.00 X 0 66421 0 CHUCK H DUNMON JR 12.00 X 0 0 0 WAYNE C EDWARDS 8.00 X 0 0 0 TERRI H LUPO 8.00 X 0 0 0 THOMAS C PRITCHETT SR 4.00 X 0 0 0 0 575121 0 0 0 1 0 Cauthan Construction Company Inc 1321 West Hill Ave Valdosta GA 31601 Construction 1840505 Chartwells Dining Services 2400 Yorkmont Rd Charlotte NC 28217 Food Services 109279 2 4285082 1274448 4285082 FEES 900099 566229 566229 OTHER REVENUE 900099 26809 26809 TRAVEL REVENUE 900099 13434 13434 606472 593422 593422 23733 23733 822122 340394 481728 481728 481728 7332487 39264 7108253 39470 224234 -206 224028 224028 6214465 606472 0 1322911 651071 651071 3860 3860 15773 7887 7886 130469 130469 615534 615534 10879 10879 39318 39318 41540 41540 46849 46849 131893 131893 119768 119768 573652 573652 251278 251278 30903 7726 23177 Payments to or on behal 1934209 1934209 Meals and entertainment 377536 377536 Supplies 291091 291091 Gifts and flowers 32517 32517 189686 189686 5487826 5456763 31063 0 1420830 953679 1557238 367421 50240 41162 189737 140736 18389 16147 11280757 673151 8593193 10607606 21321292 22279623 104825 98536 43403 324917 33299147 34829827 25514 125640 5398324 5187740 37714 1779700 245943 952281 1212971 6659776 8306051 X 3933185 3480528 2873335 1889063 19832851 21154185 26639371 26523776 33299147 34829827 X 726639 -842234 X X 0 1 1 X 0 X 1524369 2295258 1832602 3746550 4285082 13683861 1524369 2295258 1832602 3746550 4285082 13683861 3359386 10324475 1019471 899470 605767 448587 593422 3566717 295859 482931 805481 438493 481728 2504492 19755070 3664714 0.52260 0.55200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17400 X 0 22706186 4488978 -393222 3758694 23043248 21136272 1808126 1414585 1652797 22706186 16901160 1507627 4358664 1631179 21136272 21677010 605961 -5381811 16901160 0.12650 0.87350 1 0 2414494 2414494 8805864 660848 8145016 60399 12303 48096 10607606 Interest Rate Swap Liability 951320 Char. Rem. Trust Obligations 155379 Due to VSU Alumni Association 106272 1212971 6214465 5487826 726639 -842234 -842234 -115595 5851687 -842234 268932 340600 -232702 6084389 130076 130076 6214465 5967282 268932 206 340394 609532 5357750 130076 130076 5487826 Part III, Line 4: Art collection on display to promote involvement in and support for art education. Description of Uncertain Tax Positions Under FIN 48: Part X: 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, 2011 and 2010, 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, 2011 and 2010 or the statements of activities for the years then ended. Further, all years subsequent to 2008 remain subject to examination by the IRS. 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 362 651071 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 PATRICK J SCHLOSS 0 222500 0 0 0 0 0 0 0 0 0 222500 0 244258 JOHN D CRAWFORD 0 161200 0 0 0 0 0 0 0 0 0 161200 0 0 Development Authority of Lowndes County 582186325 2007-11-01 5800000 Education Buildings 0 1 0 5589519 33912 87000 5468607 2009 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 3855 Fair Market Value X 399 Fair Market Value X 1 37500 Fair Market Value X 1 1043390 Fair Market Value X 1 2336 Fair Market Value X 4 309 Selling Price X Audio/Video Equipment 1 184300 Fair Market Value X Custom Grill 1 1495 Fair Market Value X Gun 1 654 Fair Market Value X Cooler 1 210 Fair Market Value 0 0 0 Method for Determining Number of Contributors: Part I, Column (b): In Part I, column (b), the Organization has reported the number of contributions. 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 C, line 19 Form 990, Part VI, Section C, Line 19: Governing documents are made available for public inspection upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -842,234. Form 990, Part XII, Line 2 - Oversight Process: The oversight process did not changed during the current year. VALDOSTA STATE UNIVERSITY 1500 N PATTERSON ST VALDOSTA GA 31698 586002072 EDUCATION GA 170b1A N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 VALDOSTA STATE UNIVERSITY B 1500000 COST VALDOSTA STATE UNIVERSITY Q 434209 COST