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GEORGIA STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
GEORGIA STATE UNIVERSITY FOUNDATION INC (EIN 58-6033185)
Tax period
2009-07-01 to 2010-06-30
Filed
2011-02-14
IRS object ID
201140459349300144
Schema version
2009v1.7
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-02-14T12:06:50-06:00Timestamp
Tax Period End Date2010-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Cherry Bekaert & Holland LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11180 W Peachtree Street Suite 1400AddressLine1
CityAtlantaCity
StateGAState
ZIP Code303093482ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN586033185EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GEORGIA STATE UNIVERSITY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlGEORNameControl
Phone4044133402Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PARK PLACE SUITE 533AddressLine1
CityATLANTACity
StateGAState
ZIP Code303033083ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDALE PALMERName
TitleCFO & Asst TreasTitle
Phone4044133434Phone
Date Signed2011-02-09DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameLynn J MoneyronName
Phone4042090954Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonDALE PALMERNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1ONE PARK PLACE SUITE 533AddressLine1
CityATLANTACity
StateGAState
ZIP Code30303ZIPCode
FieldValueIRS element (for citing)
Gross Receipts97984378GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteWWW.GSUFOUNDATION.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1958YearFormation
State Legal DomicileGAStateLegalDomicile
Activity Or Mission DescriptionSUPPORT THE MISSION AND BEST INTERESTS OF GEORGIA STATE UNIVERSITY.ActivityOrMissionDescription
Nbr Voting Members Governing Body35NbrVotingMembersGoverningBody
Nbr Independent Voting Members35NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers35TotalNbrVolunteers
Total Gross UBI3082675TotalGrossUBI
Net Unrelated Business Txbl Income-1742280NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year10498941ContributionsGrantsPriorYear
Contributions Grants Current Year20694909ContributionsGrantsCurrentYear
Program Service Revenue Prior Year4628284ProgramServiceRevenuePriorYear
Program Service Revenue CY4219283ProgramServiceRevenueCY
Investment Income Prior Year13316835InvestmentIncomePriorYear
Investment Income Current Year15080967InvestmentIncomeCurrentYear
Other Revenue Prior Year3751393OtherRevenuePriorYear
Other Revenue Current Year3495806OtherRevenueCurrentYear
Total Revenue Prior Year32195453TotalRevenuePriorYear
Total Revenue Current Year43490965TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year2427472GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY6620300GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year3255998SalariesEtcPriorYear
Salaries Etc Current Year2988861SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year870174TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY484317TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year1072937TotalFundrsngExpCurrentYear
Other Expense Prior Year25418394OtherExpensePriorYear
Other Expenses Current Year23821133OtherExpensesCurrentYear
Total Expenses Prior Year31972038TotalExpensesPriorYear
Total Expenses Current Year33914611TotalExpensesCurrentYear
Revenues Less Expenses Prior Year223415RevenuesLessExpensesPriorYear
Revenues Less Expenses CY9576354RevenuesLessExpensesCY
Total Assets BOY392875185TotalAssetsBOY
Total Assets EOY411430203TotalAssetsEOY
Total Liabilities BOY279054967TotalLiabilitiesBOY
Total Liabilities EOY273911047TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY113820218NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY137519156NetAssetsOrFundBalancesEOY
Mission DescriptionTHE GEORGIA STATE UNIVERSITY FOUNDATION, INC. SERVES AS THE OFFICIAL FUND-RAISING AND FUND MANaGEMENT ORGANIZATION FOR GEORGIA STATE UNIVERSITY AND IS COMMITTED TO SUPPORTING AND ASSISTING THE UNIVERSITY IN ACHIEVING ITS GOALS AND OBJECTIVES THROUGH SOLICITING AND MANAGING PRIVATE GIFTS, AND COLLABORATING AND ADVISING ON ACTIVITIES FOR THE BENEFIT AND ADVANCEMENT OF THE UNIVERSITY.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense22693027Expense
Grants3915551Grants
Revenue4632414Revenue
DescriptionSPECIAL PURPOSE FUNDS - TO FINANCE VARIOUS PROGRAMS AT GEORGIA STATE UNIVERSITY.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense2704749Expense
Grants2704749Grants
DescriptionSCHOLARSHIP FUND - TO PROVIDE SCHOLARSHIPS AND AWARDSDescription

Activity3 Activity3

FieldValueIRS element (for citing)
Expense5286541Expense
DescriptionDEPARTMENT FUND - USED BY THE VARIOUS SCHOOLS OF THE UNIVERSITY FOR VARIOUS EDUCATION RELATED PROGRAMS - FACULTY SUPPLEMENTS.Description
FieldValueIRS element (for citing)
Total Program Service Expense30684317TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations1MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising1ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds1TaxExemptBonds
Invest Tax Exempt Bonds0InvestTaxExemptBonds
Escrow Account0EscrowAccount
On Behalf Of Issuer0OnBehalfOfIssuer
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp1OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art1DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity1DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With1096131NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions1NonDeductibleContributions
Non Deductible Disclosure1NonDeductibleDisclosure
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Form8899 Filed1Form8899Filed
Form1098 C Filed1Form1098CFiled
Nbr Voting Governing Body Members35NbrVotingGoverningBodyMembers
Number Independent Voting Members35NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledGAStatesWhereCopyOfReturnIsFiled
Own WebsiteXOwnWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1DALE PALMERBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number4044133402TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1ONE PARK PLACE SUITE 533AddressLine1
CityATLANTACity
StateGAState
ZIP Code303033083ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (38 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerKey EmployeeKeyEmployee
DR MARK BECKER
Trustee, GSU PRESIDENT1.00X000
DR HELEN M ADERHOLD
TRUSTEE1.00X000
DR STEVEN ASPLUNDH
TRUSTEE1.00X000
MR WILLIAM C BALZER
TRUSTEE1.00X000
MRS KATHY T BERRY
TRUSTEE1.00X000
MR W FRANK BLOUNT
TRUSTEE1.00X000
MR ANTHONY P BURGER
TRUSTEE1.00X000
MR MAXWELL M BURNS
TRUSTEE1.00X000
MR DAVID H FLINT
TRUSTEE1.00X000
MS CATHERINE C HENSON
past chair1.00X000
MR RICHARD J JACOBSON
TRUSTEE1.00X000
MR JACK R KELLY JR
trustee1.00X000
MR RICHARD H LENNY
TRUSTEE1.00X000
MR L ANTHONY MONTAG
TRUSTEE1.00X000
MRS DIANE L PARKS
TRUSTEE1.00X000
MR WILLIAM C PATE
TRUSTEE1.00X000
MR MARK A PHILLIPS
TRUSTEE1.00X000
MR JERRY RACKLIFFE
gsu vp fin/admin1.00X000
MR WILLIAM D REEVES
TRUSTEE1.00X000
MR H JEROME RUSSELL J
SECRETARY1.00X000
MR W CLAYTON SPARROW
TRUSTEE1.00X000
MR J GROVER THOMAS JR
TRUSTEE1.00X000
MR CHRISTOPHER B TORIE
TREASURER1.00X000
MR DEXTER B WARRIOR
TRUSTEE1.00X000
MS FRANCES BREEDEN
TRUSTEE1.00X000
MR RANKIN COOTER
ATHLETIC ASSOC CHAIR1.00X000
MR JOHN COWART SR
TRUSTEE1.00X000
Mr John Bauer
Trustee1.00X000
Mr Brad Ferrer
Alumni Assn Chair1.00X000
Ms Marjorie Knowles
Trustee1.00X000
Mr Lee Macenczak
Trustee1.00X000
Mr Peter Miller
Trustee1.00X000
Mr Nathaniel O'Connell
Trustee1.00X000
Mr Douglas Reid
Trustee1.00X000
MR DALE PALMER
asst treas & cfo30.00000X
MRS NANCY E PETERMAN
gsu FOUNDATION PRES20.00000X
Julie Van Balen
Assist. Secretary20.00000X
Ms Arlene Charles
Controller40.00000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources1CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
Reeves Contracting co
1400 Buford Hwy Suite 7Sugar HillGA30518Building & Construction1314133
RUFFALOCODY LLC
PO BOX 3018CEDAR RAPIDSIA52406FUNDRAISING SERVICES471363
Dixie Roof Decks Inc
1300 Capital CircleLawrencevilleGA30043Commercial Roofing452507
Rosser International Inc
524 W Peachtree StAtlantaGA30308Architecture, engineering, proj mgt150848
SEYFARTH SHAW LLP
1545 PEACHTREE ST STE 700ATLANTAGA30309LEGAL SERVICES124568
FieldValueIRS element (for citing)
Number Of Contractors GT100 K5NumberOfContractorsGT100K
Fundraising Events14080FundraisingEvents
All Other Contributions20680829AllOtherContributions
Total Contributions20694909TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionSTUDENT HOUSING FEESDescription
Business Code532000BusinessCode
Total Revenue Column4219283TotalRevenueColumn
Related Or Exempt Function Income4219283RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue4219283TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column15131535TotalRevenueColumn
Exclusion$15,131,535ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real3122424Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real3122424Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column3122424TotalRevenueColumn
Unrelated Business Revenue3122424UnrelatedBusinessRevenue

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities38333527Securities
Other16099130Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities38944984Securities
Other15538241Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities-611457Securities
Other560889Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column-50568TotalRevenueColumn
Exclusion-$50,568ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events10188GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events14080CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses10188FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenue
OTHER MISCELLANEOUS RE611710413131413131
Other interest income52300013881388
Partnership Investment523000-41137-41137
FieldValueIRS element (for citing)
Total Other Revenue373382TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column43490965TotalRevenueColumn
Related Or Exempt Function Income4632414RelatedOrExemptFunctionIncome
Unrelated Business Revenue3082675UnrelatedBusinessRevenue
Exclusion$15,080,967ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total6575694Total
Program Services6575694ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total44606Total
Program Services44606ProgramServices

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total2549342Total
Program Services2005759ProgramServices
Management And General268915ManagementAndGeneral
Fundraising274668Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total137816Total
Program Services83702ProgramServices
Management And General54114ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total99866Total
Program Services55466ProgramServices
Management And General44400ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total201837Total
Program Services139931ProgramServices
Management And General61906ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total159135Total
Program Services159135ProgramServices

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total57984Total
Program Services52188ProgramServices
Management And General5796ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total66300Total
Management And General66300ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total484317Total
Fundraising484317Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total365540Total
Management And General365540ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total1039798Total
Program Services750469ProgramServices
Management And General289329ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total172067Total
Program Services62948ProgramServices
Management And General79706ManagementAndGeneral
Fundraising29413Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total989437Total
Program Services600100ProgramServices
Management And General226435ManagementAndGeneral
Fundraising162902Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total3637525Total
Program Services3635425ProgramServices
Management And General500ManagementAndGeneral
Fundraising1600Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total462969Total
Program Services408063ProgramServices
Management And General25254ManagementAndGeneral
Fundraising29652Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total103586Total
Program Services84399ProgramServices
Management And General13662ManagementAndGeneral
Fundraising5525Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total12389298Total
Program Services12389298ProgramServices

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total2167290Total
Program Services1953610ProgramServices
Management And General213680ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
meeting and event expen117516680517629335476636
Insurance46577645185513921
Contractul Payments33302724302790000
Equipment Purchase1285341189888842704
Dues & Professional Mem10770164478357037520

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total33914611Total
Program Services30684317ProgramServices
Management And General2157357ManagementAndGeneral
Fundraising1072937Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY9065666BOY
EOY5157061EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY31227623BOY
EOY35114994EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY3573333BOY
EOY12646281EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY312374BOY
EOY1634228EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY6798828BOY
EOY6664242EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis62840674LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec9434022LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY57457095BOY
EOY53406652EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY71991706BOY
EOY93044521EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY212448560BOY
EOY203762224EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY392875185BOY
EOY411430203EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY5410071BOY
EOY6047067EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
EOY253220000EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY256245000BOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY17399896BOY
EOY14643980EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY279054967BOY
EOY273911047EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY14654364BOY
EOY15390011EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY42193916BOY
EOY47007466EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY56971938BOY
EOY75121679EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY113820218BOY
EOY137519156EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY392875185BOY
EOY411430203EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review1AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College Support Org170b1 AivXCollegeSupportOrg170b1Aiv

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years16117214CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years11600252CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years19144899CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year10498941CurrentTaxYearMinus1Year
Current Tax Year20694909CurrentTaxYear
Total78056215Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years7000CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years7000CurrentTaxYearMinus3Years
Total14000Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years16124214CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years11607252CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years19144899CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year10498941CurrentTaxYearMinus1Year
Current Tax Year20694909CurrentTaxYear
Total78070215Total
FieldValueIRS element (for citing)
Public Support Total17078070215PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years7520694CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years5220379CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years6126785CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year15443192CurrentTaxYearMinus1Year
Current Tax Year14765995CurrentTaxYear
Total49077045Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years10380614CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1162480CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year628969CurrentTaxYearMinus1Year
Current Tax Year373382CurrentTaxYear
Total12545445Total
FieldValueIRS element (for citing)
Total Support139692705TotalSupport
Gross Receipts From Admissions Etc26229603GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.55890PublicSupportPertcentage170
Public Support Pertcent Prior Year0.60010PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance70793273BeginningOfYearBalance
Contributions6244428Contributions
Investment Earnings Or Losses10083399InvestmentEarningsOrLosses
Other Expenditures3461214OtherExpenditures
End Of Year Balance83659886EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance92050277BeginningOfYearBalance
Contributions3111361Contributions
Investment Earnings Or Losses-20998394InvestmentEarningsOrLosses
Other Expenditures3369972OtherExpenditures
End Of Year Balance70793273EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.22000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.78000PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis7378492OtherCostOrOtherBasis
Book Value7378492BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis55462182OtherCostOrOtherBasis
Depreciation9434022Depreciation
Book Value46028160BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings53406652TotalOfBookValueLandBuildings

Other Assets OtherAssets (4 entries)

DescriptionDescriptionBook ValueBookValue
CASH SURRENDER VALUE OF charitable LIFE INSURANCE policies901899
RESTRICTED ASSETS35003060
INVESTMENT HELD FOR AFFILIATES6158694
INVESTMENT IN DIRECT FINANCING LEASES, NET161698571
FieldValueIRS element (for citing)
Total Book Value Other Assets203762224TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
OBLIGATION FOR INVESTMENTS HELD IN TRUST AFFILIATES$6,158,694
UNAMORTIZED BOND PREMIUM$3,792,586
OBLIGATION UNDER LEASES$4,692,700
FieldValueIRS element (for citing)
Total Of Amounts14643980TotalOfAmounts
Total Revenue43490965TotalRevenue
Total Expenses33914611TotalExpenses
Excess Or Deficit For Year9576354ExcessOrDeficitForYear
Net Unrealized GL On Investments12122585NetUnrealizedGLOnInvestments
Other$2,000,000OtherAmount
Total Adjustments14122585TotalAdjustments
Excess Or Deficit Per FS23698939ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt59346428TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments12122585NetUnrealizedGainsInvestments
Other Revenues4098418OtherRevenues
Revenue Not Rptd F99016221003RevenueNotRptdF990
Revenue Subtotal43125425RevenueSubtotal
Investment Expenses Not Included365540InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt365540RevenueNotRptdOnFinStmt
Total Revenue Per Form99043490965TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt33640459TotExpensesEtcAuditedFinclStmt
Other Expenses Included91388OtherExpensesIncluded
Expenses Not Rptd F99091388ExpensesNotRptdF990
Expenses Subtotal33549071ExpensesSubtotal
Investment Expenses Not Included2365540InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt365540ExpensesNotRptdOnFinStmt
Total Expenses Per Form99033914611TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierExplanationExplanation
Part XI, Line 8 - Other Adjustments:TRANSFERS FROM GSU BUILDING FOUNDATION: 2000000.
PART X, INCOME TAXES: THE FOUNDATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE FOUNDATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELEIVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2009 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. PART V, ENDOWMENT FUNDS: ENDOWMENT FUNDS INTENDED USES INCLUDE SCHOLARSHIPS, FELLOWSHIPS, CHAIRS, PROFESSORSHIPS AND OTHER RELATED ACTIVITIES. PART XII, LINE 2D: $3,987,395 GSU BUILDING FOUNDATION REVENUE $91,388 GSU BUILDING FOUNDATION RENTAL EXPENSES $19,635 GSU BUILDING FOUNDATION UNREALIZED GAINS PART XIII, LINE 2D: $91,388 GSU BUILDING FOUNDATION RENTAL EXPENSES

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained1GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)

RegionRegionNumber Of OfficesNumberOfOfficesNumber Of EmployeesNumberOfEmployeesType Of Activities ConductedTypeOfActivitiesConductedSpecific Services ProvidedSpecificServicesProvidedTotal ExpendituresTotalExpenditures
Middle East00Grants to recipients located in regionGroup transportation and Seminar9000
South Asia00Grants to recipients located in regionMarketing Research25000
Europe00Grants to recipients located in regionSpeaker Fees and Association Dues2413
Canada00Grants to recipients located in regionInvestment Consulting Fees and Speaker Fees8193
FieldValueIRS element (for citing)
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees0TotalNumberOfEmployees
Total Amount Spent44606TotalAmountSpent
No Recipient Over5 KXNoRecipientOver5K

Grants To Orgs Outside US GrantsToOrgsOutsideUS (3 entries)

RegionRegionPurpose Of GrantPurposeOfGrantAmount Of Cash GrantAmountOfCashGrantManner Of Cash DisbursementMannerOfCashDisbursementMethod Of ValuationMethodOfValuation
Middle East and North AfricaGroup transportation6500CASHBook
Sub-Saharan AfricaMarketing research25000CASHBook
North AmericaConsulting fees5052CASHBook
FieldValueIRS element (for citing)
Total Number Of501c3 Orgs3TotalNumberOf501c3Orgs
Total Number Of Other Orgs0TotalNumberOfOtherOrgs

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Email SolicitationsXEmailSolicitations
Phone SolicitationsXPhoneSolicitations
In Person SolicitationsXInPersonSolicitations
Solicitation Of Non Govt GrantsXSolicitationOfNonGovtGrants
Special Fundraising EventsXSpecialFundraisingEvents
Agreement Ref Fundraising1AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Name Of Organization NameOfOrganization

FieldValueIRS element (for citing)
Business Name Line1ruffalocody llcBusinessNameLine1
FieldValueIRS element (for citing)
ActivityFUND RAISING SERVICESActivity
Fundraiser Control Of Funds0FundraiserControlOfFunds
Gross Receipts510228GrossReceipts
Amount Retained By Contractor484317AmountRetainedByContractor
Net To Organization25911NetToOrganization
FieldValueIRS element (for citing)
Total Gross Receipts510228TotalGrossReceipts
Total Retained By Contractors484317TotalRetainedByContractors
Total Net To Organization25911TotalNetToOrganization
Licensed StatesALLicensedStates
Licensed StatesAKLicensedStates
Licensed StatesAZLicensedStates
Licensed StatesCALicensedStates
Licensed StatesCOLicensedStates
Licensed StatesCTLicensedStates
Licensed StatesDELicensedStates
Licensed StatesDCLicensedStates
Licensed StatesFLLicensedStates
Licensed StatesGALicensedStates
Licensed StatesHILicensedStates
Licensed StatesIDLicensedStates
Licensed StatesILLicensedStates
Licensed StatesINLicensedStates
Licensed StatesIALicensedStates
Licensed StatesKSLicensedStates
Licensed StatesKYLicensedStates
Licensed StatesLALicensedStates
Licensed StatesMELicensedStates
Licensed StatesMDLicensedStates
Licensed StatesMALicensedStates
Licensed StatesMILicensedStates
Licensed StatesMNLicensedStates
Licensed StatesMSLicensedStates
Licensed StatesMOLicensedStates
Licensed StatesMTLicensedStates
Licensed StatesNELicensedStates
Licensed StatesNVLicensedStates
Licensed StatesNHLicensedStates
Licensed StatesNJLicensedStates
Licensed StatesNMLicensedStates
Licensed StatesNCLicensedStates
Licensed StatesNDLicensedStates
Licensed StatesOHLicensedStates
Licensed StatesOKLicensedStates
Licensed StatesORLicensedStates
Licensed StatesPALicensedStates
Licensed StatesRILicensedStates
Licensed StatesSCLicensedStates
Licensed StatesSDLicensedStates
Licensed StatesTNLicensedStates
Licensed StatesTXLicensedStates
Licensed StatesUTLicensedStates
Licensed StatesVTLicensedStates
Licensed StatesVALicensedStates
Licensed StatesWALicensedStates
Licensed StatesWVLicensedStates
Licensed StatesWILicensedStates
Licensed StatesWYLicensedStates
Licensed StatesARLicensedStates

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1GolfNameOfEvent1
Gross Receipts Event111350GrossReceiptsEvent1
Charitable Contributions Event15950CharitableContributionsEvent1
Gross Revenue Event15400GrossRevenueEvent1
Other Direct Expenses Event15400OtherDirectExpensesEvent1
Name Of Event2OperaNameOfEvent2
Gross Receipts Event212918GrossReceiptsEvent2
Charitable Contributions Event28130CharitableContributionsEvent2
Gross Revenue Event24788GrossRevenueEvent2
Other Direct Expenses Event24788OtherDirectExpensesEvent2
Gross Receipts Total24268GrossReceiptsTotal
Charitable Contributions Total14080CharitableContributionsTotal
Gross Revenue Total Events10188GrossRevenueTotalEvents
Other Direct Expenses Total Events10188OtherDirectExpensesTotalEvents
Direct Expense Summary Events10188DirectExpenseSummaryEvents
Net Income Summary0NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrantMethod Of ValuationMethodOfValuationPurpose Of GrantPurposeOfGrant
GEORGIA STATE UNIVERSITY
ONE PARK PLACE SUITE 533ATLANTAGA30303115(1)3870945BOOKFUNDS ARE PAID TO GEORGIA STATE UNIVERSITY FOR EDUCATIONAL PURPOSES AND ACADEMIC SUPPORT.
GEORGIA STATE UNIVERSITY
ONE PARK PLACE SUITE 533ATLANTAGA30303115(1)2704749BOOKTo provide SChOLARSHIPs and awards.
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants1TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations0TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierProcedure for Monitoring Grants in the U.S.:Identifier
Return ReferencePart I, Line 2:ReturnReference
ExplanationSchedule I, Part I, Line 2: FUNDS ARE PAID TO GEORGIA STATE UNIVERSITY FOR EDUCATIONAL PURPOSES AND ACADEMIC SUPPORT. SCHOLARSHIPS ARE PAID DIRECTLY BY GEORGIA STATE UNIVERSITY. SCHOLARSHIP recipients ARE SELECTED BASED ON UNIVERSITY POLICY AND CRITERIA SET FORTH IN THE FUND AGREEMENTS.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
IdentifierSupplemental InformationIdentifier
Return ReferencePart IIIReturnReference
ExplanationCOMPENSATION OF OFFICERS GEORGIA STATE UNIVERSITY FOUNDATION HAS NO EMPLOYEES. PER PART VII LINE 5, COMPENSATION OF OFFICERS LISTED ON PART VII (SCHEDULE J-2) IS FROM AN UNRELATED ORGANIZATION (GEORGIA STATE UNIVERSITY) FOR SERVICES RENDERED TO GEORGIA STATE UNIVERSITY FOUNDATION. Accordingly, NANCY PETERMAN, PRESIDENT, Dale Palmer, ASSISTANT TREASURER/CFO, and JULIE VAN BALEN, ASSISTANT SECRETARY, received compensation of $217,000, $150,765 AND $51,893, respectively, from Georgia State University.Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)

Issuer EINIssuerEINCUSIP NumberCUSIPNumberDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuer
ATLANTA DEVELOPMENT AUTHORITY(PANTHER PLACE)
58603318504780RBF42009-05-2958607704ACQUISITION OF FACILITIES FOR ADMINISTRATIVE OFFICES00
ALPHARETTA DEVELOPMENT AUTHORITY
586033185020812BE22009-05-126544706Construction of educational facilities00
ATLANTA DEVELOPMENT AUTHORITY(piedmont ellis)
58603318504777LBG02005-09-08165030809Construction of student housing00

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Total ProceedsTotalProceedsAmount In Reserve FundAmountInReserveFundAmount UnspentAmountUnspentIssuance Costs From ProceedsIssuanceCostsFromProceedsCapital ExpendituresCapitalExpendituresCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaindYear Of Subst CompletionYearOfSubstCompletion
73235000510180038958242440658520000001011
589000012782410112000
16133000011286938437786313518117700112007

Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsBond Counsel Routinely EngagedBondCounselRoutinelyEngagedPercentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBITotal Private Business UseTotalPrivateBusinessUsePost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
110000.016700.016701
100001
100001

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsGross Proceeds Invested In GICGrossProceedsInvestedInGICBusiness Name Line1NameOfGICProvider/BusinessNameLine1Gross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebate
na
0000na00
na
0000na00
na
0000na00

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1Reeves Contracting CoBusinessNameLine1
FieldValueIRS element (for citing)
RelationshipOWNER SON OF GSU TRUSTEE.Relationship
Amount Of Transaction2499751AmountOfTransaction
Description Of TransactionFIELD CONSTRUCTIONDescriptionOfTransaction
Sharing Of Revenues0SharingOfRevenues

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F9900NoncashContribsRptdF990
Method Of Determining Revenuesopinion of expertsMethodOfDeterminingRevenues

Books And Publications BooksAndPublications

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Noncash Contribs Rptd F9900NoncashContribsRptdF990
Method Of Determining Revenuesopinion of expertsMethodOfDeterminingRevenues

Collectibles Collectibles

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F9900NoncashContribsRptdF990
Method Of Determining Revenuesopinion of expertsMethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)

Non Cash CheckboxNonCashCheckboxDescriptionDescriptionNumber Of ContributionsNumberOfContributionsNoncash Contribs Rptd F990NoncashContribsRptdF990Method Of Determining RevenuesMethodOfDeterminingRevenues
XOpttical Delay Line Systems10opinion of experts
XAir Handling Unit10Opinion of experts
XChemical Fume Hoods10opinion of experts
XApe Caging Units10opinion of experts
FieldValueIRS element (for citing)
Number Of8283 Received2NumberOf8283Received
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts1ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

FieldValueIRS element (for citing)
IdentifierNon Reporting of Revenue:Identifier
Return ReferencePart I, Line 33:ReturnReference
ExplanationPart I, line 1 (Art - Works of art): A zero amount was reported on form 990, Part VIII Statement of Revenue, line 1g, because the Foundation did not capitalize the works of art received. PART I, COLUMN(B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVED.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (10 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
Form 990, Part VI, Section B, line 11The organization provides the Federal Form 990 to the audit committee for review. Once approved the 990 is sent to the full Board of Trustees for review and commentS. iT IS THEN FILED WITH THE irs.
Form 990, Part VI, Section B, line 12cThe organization sends conflict of interest statements to all Trustees, Directors, and significant members of the GSU Foundation community to disclose any possible conflicts. The audit committee regularly reviews any conflicts that may arise throughout the year on a case by case basis.
Form 990, Part VI, Section B, line 15ALL COMPENSATION REPORTED ON THE FORM 990 IS FROM AN UNRELATED ORGANIZATION (GEORGIA STATE UNIVERSITY) FOR SERVICES RENDERED TO GEORGIA STATE UNIVERSITY FOUNDATION. COMPENSATION IS HANDLED ACCORDING TO GEORGIA STATE UNIVERSITY POLICY AND ALL DECISIONS ARE MADE THROUGH THE UNIVERSITY PROCESS.
Form 990, Part VI, Section C, line 18FORMS 990 AND 990T are documented and located on the organization's web site for public review at WWW.GSUFOUNDATION.ORG
Form 990, Part VI, Section C, line 19ALL GOVERNING DOCUMENTS AND POLICIES ARE located on the organization's web site for public review at WWW.GSUFOUNDATION.ORG
Form 990, Part XI, Line 2CThe audit committee provides independent oversight which includes: selecting the independent auditing firm for the annual audit; meeting with the auditor prior to the audit to discuss the scope of the audit; meeting with the auditor after the annual audit to review the audited CONSOLIDATED financial statements and the management letter; meeting with the auditor after the annual audit to review the audited consolidated financial statements and the management letter; ensuring that management addresses any issues determined in the auditor's management letter; recommending the acceptance of the audit to the Executive Committee and the Board of Trustees; Educating trustees on audit issues, recommending approval of audit fees; rebidding the selection of the independent audit firm everY 3 - 5 years; approving accounting policies and standards, reviewing and making recommendations on internal controls; and overseeing policies and procedures for reporting questionable accounting or auditing matters.Audit Committee
Additional Statement related to fundraising activity The cost of services rendered by the Development Division of Georgia State University for fundraising activities are borne both by the Foundation and the University. The portion of the costs borne by the University is not included in the Foundation's financial statements, as these costs would have been incurred by the University even if the Foundation did not exist. The cost of the services provided by the University approximated $2,255,616 for the year ended June 30, 2010.
Schedule G, Part I, Line 2b, Column (v)ruffalocody, llc HANDLES ALL OPERATIONS OF THE GSU CALL CENTER WHICH SoLICITS OVER THE PHONE DONATIONS ON BEHALF OF THE UNIVERSITY.Explanation of Fundraising Payments
Additional Statement related to sch L, Part IV, line b Dean Reeves owns Reeves Contracting. He is the son of GSU Foundation Board member William Reeves. William Reeves has no ownership, financial interest, role, or stock in Reeves Contracting Co. Reeves Contracting was awarded the project as they were determined to be the lowest responsive and responsible bidder in a competitive bid process.
Form 990, Part V, Lines 1C, 2B, 7G and 7HThe organization did not receive contributions of qualified intellectual property and was therefore not required to file form 8899. Likewise, there were no contributions of cars, boats, airplanes, or other vehicles, and Form 1098-C was not required. The organization did not have any reportable gaming (gambling) winnings to prize winners and therefore the backup withholding rules did not apply. The organization did not have any employees and therefore the federal employment tax returns were not filed.Backup withholding, federal employment tax returns, Form 8899 and 1098-C

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (7 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateTotal IncomeTotalIncomeEOY AssetsEOYAssetsBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
UNIVERSITY LOFTS LLC
ONE PARK PLACE SUITE 533ATLANTAGA30303586033185STUDENT HOUSING FACILITY FOR THE UNIVERSITY STUDENTSGA335617482378GEORGIA STATE UNIVERSITY FOUNDATION
PIEDMONTELLIS LLC
ONE PARK PLACE SUITE 533ATLANTAGA30303586033185TO ACQUIRE,DEVELOP, OPERATE AND MANAGE REAL PROPERTY FOR STUDENT HousingGA9174977154804847GEORGIA STATE UNIVERSITY FOUNDATION
RIALTO CENTER LLC
ONE PARK PLACE SUITE 533ATLANTAGA30303586033185to purchase and renovate the rialto theater for benefit and use by the univ.GA957303956198GEORGIA STATE UNIVERSITY FOUNDATION
PANTHER PLACE LLC
PO BOX 4076ATLANTAGA30302586033185to purchase the suntrust build. to provide office & classroom to the univ.GA312381263917081GEORGIA STATE UNIVERSITY FOUNDATION
panther fields llc
oNE PARK PLACE SUITE 533aTLANTAGA30303586033185TO PROVIDE A PRACTICE FOOTBALL FIELD AND FACILITY USE BY THE UNIVERSITYGA1328972905757georgia STATE UNIVERSITY FOUNDATION
panther lot llc
oNE PARK PLACE SUITE 533aTLANTAGA30303586033185TO ACQUIRE, DEVELOP, OPERATE, AND MANAGE REAL PROPERTY USE BY THE UNIVERSITGA99450-2745016gEORGIA STATE UNIVERSITY FOUNDATION
Panther Real Estate LLc
ONE PARK PLACE SUITE 533aTLANTAGA30303586033185tO PURCHASE REAL ESTATE FOR USE OF THE UNIVERSITYGA00

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1GEORGIA STATE UNIVERSITY BUILDING FOUNDATIONBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 3963AddressLine1
CityatlantaCity
StateGAState
ZIP Code30303ZIPCode
FieldValueIRS element (for citing)
EIN581998542EIN
Primary ActivitiesHOLDS TITLE TO PROPERTY OWNED BY THE GSU FOUNDATION AT 1 PARK PLACE, ATL, GAPrimaryActivities
Legal Domicile StateGALegalDomicileState
Exempt Code Section501 c(2)ExemptCodeSection

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA STATE UNIVERSITY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org1GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities1SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolved
GEORGIA STATE UNIVERSITY BUILDING FOUNDATION
C2000000
GEORGIA STATE UNIVERSITY BUILDING FOUNDATION (GSUF OCCUPIES OFFICE SPACE)
M0