2024-07-19T02:45:56-04:00 2022-12-31 580137615 Alston & Bird LLP 1201 West Peachtree Street SU Atlanta GA 30309 990PF 2022-01-01 862184124 GPC Scholarship Foundation Inc % Matt Brigham GPCS 6789345425 2999 WILDWOOD PARKWAY Atlanta GA 30339 Matt Brigham VP and Treasurer 2024-07-19 true Matt Brigham XXX-XX-XXXX Margaret Scott P01568440 4048817962 2024-07-19 2022 2023-04-26 12:10:37Z X 595677 X 15000 11463 11463 0 0 0 0 0 0 0 0 0 0 0 0 26463 11463 0 0 0 0 0 0 0 0 0 0 0 0 0 131 0 0 131 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 131 0 0 131 15000 15000 15131 0 0 15131 11332 11463 0 15969 27432 27432 0 0 0 0 459155 568245 568245 0 0 0 0 0 0 0 0 475124 595677 595677 0 0 0 0 0 0 0 0 0 0 0 0 0 X 475124 595677 0 0 475124 595677 475124 595677 475124 11332 109221 595677 595677 159 159 159 0 0 0 159 0 0 false false false 0 0 0 false false false false true true true false false false false true n/a Matt Brigham 6789345425 2999 WILDWOOD PARKWAY Atlanta GA 30339 false false false false false false false false false false false false false false false false false false false false false false Jennifer Ellis 2999 Wildwood Parkway Atlanta GA 30339 Secretary 1.00 0 0 0 Derek Goshay 2999 Wildwood Parkway Atlanta GA 30339 Director and Chair 1.00 0 0 0 Charles Chesnutt 2999 Wildwood Parkway Atlanta GA 30339 Director Treasurer 1.00 0 0 0 535400 27432 0 562832 0 0 562832 8442 554390 27720 27720 159 0 159 27561 0 27561 0 27561 15131 0 0 0 12430 27561 27561 0 0 27561 0 27561 0 0 0 0 0 0 0 0 X Scholarship America 7900 International Drive Suite 500 Minneapolis MN 55425 No relationship PC Scholarships 15000 15000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14 11463 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11463 0 11463 X X 1 Carlyle Fraser Employee Benefits Fu 2999 Wildwood Parkway ATlanta GA 30339 15000 X 0 $19,381 was set aside in tax year 2021 in accordance with Treas. Reg. Section 53.4942a-3b3. An additional $12,430 was set aside in 2022 for scholarships once terms are fully established with Scholarship America and applications are coming in. Total amount for both years of $31,811. 459155 568245 568245 568245 Legal fees 131 0 0 131 unrealized gain 109221 The GPC Scholarship Foundation was established as a Georgia nonprofit corporation in February 2021 to provide scholarships for Genuine Parts Company employees and their children in partnership with Scholarship America a public charity. It finally received confirmation of its status as a 501c3 private foundation on June 26 2022 along with approval of its grant-making procedures. There was no charitable activity until late 2022 because the agreement was still being negotiated with Scholarship America and the scholarship program had not been approved. This entity was the brainchild of its former SVP who has now retired. New SVP and Treasurer Matt Brigham noticed the oversight of not filing the 2022 Form 900PF and immediately sought to rectify. For that reason we believe we have reasonable cause for filing late.