2024-01-15T10:37:28-06:00 2023-07-31 571112308 VERIS LLC 1156 BOWMAN ROAD SUITE 100-A MOUNT PLEASANT SC 29464 990EZ 2022-08-01 262530146 ACADEMIC MAGNET FOUNDATION ACAD 8437227330 5109-A WEST ENTERPRISE STREET NORTH CHARLESTON SC 29405 JASON DAIGLE BOARD CHAIR 8437227330 2024-01-15 1 JASON DAIGLE 999009999 0 DAVID SELANDER CPA P00659836 8438814477 2024-01-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X N/A X X 78802 X 74658 4044 100 100 3796 -3796 75006 1107 84064 85171 -10165 207952 0 197787 X 213175 199263 0 7460 213175 206723 5223 8936 207952 197787 X THE ACADEMIC MAGNET FOUNDATION (AMF) EXISTS TO SAFEGUARD THE MISSION OF ACADEMIC MAGNET HIGH SCHOOL (AMHS) WITH READILY AVAILABLE FINANCIAL BACKING AND HUMAN CAPITAL TO ENSURE THAT ITS STUDENTS ARE PREPARED TO THRIVE IN AN INCREASINGLY COMPETITIVE GLOBAL COMMUNITY. ACADEMIC MAGNET HIGH SCHOOL SEEKS TO DELIVER A RIGOROUS CURRICULUM, STATE-OF-THE-ART FACILITIES AND AN ENGAGING, COMMITTED FACULTY TO FOSTER LOVE OF SCHOLARSHIP, LEADERSHIP AND SOCIAL RESPONSIBILTY. BY PLANNING FOR AND RESPONDING TO THE DYNAMIC NEEDS OF OUR STUDENTS AND FACULTY, THE FOUNDATION'S VISION IS TO PRESERVE THE LONG-TERM EXCELLENCE OF THE AMHS COMMUNITY BY SUPPORTING LEADING-EDGE ACADEMIC AND ARTS ENRICHMENT OPPORTUNITIES AND PREPARE OUR STUDENTS TO BECOME SUCCESSFUL AND PRODUCTIVE CITIZENS OF THE WORLD. THE AMF'S RESOURCES, INCLUDING COMMUNITY AND BUSINESS PARTNERSHIPS, WILL PROVIDE DISCRETIONARY CAPITAL INDEPENDENT OF BUT TRANSPARENT TO THE CHARLESTON COUNTY SCHOOL DISTRICT. TO PROVIDE FUNDING FOR CLASSROOM/FACULTY NEEDS/CURRICULUM ENRICHMENT/COLLEGE PREP ENHANCEMENT SERVICES 0 19046 TO PROVIDE FUNDING FOR FRESHMAN ORIENTATION 0 17857 TO PROVIDE FUNDING FOR FACULTY DEVELOPMENT 0 6936 TO PROVIDE SCHOLARSHIP FUNDS TO FURTHER STUDENTS EDUCATION. 4540 4540 TO PROVIDE SUPPORT TO THE PARENTS AND TEACHERS 501C3 ORGANIZATION:PARTNERS IN EDUCATION 30762 30762 79141 CHAD TIPPEY TREASURER 0.00 0 0 0 JASON DAIGLE BOARD CHAIR 0.00 0 0 0 JACOB PERIMUTTER PRINCIPAL 0.00 0 0 0 JAY MEYER SECRETARY 0.00 0 0 0 CHARLES CLAUS BOARD MEMBER 0.00 0 0 0 HELEN ANN HARPER BOARD MEMBER 0.00 0 0 0 JENNY HEICHELBECH BOARD MEMBER 0.00 0 0 0 NEVES RICHARDS BOARD MEMBER 0.00 0 0 0 JESSICA BROWNING BOARD MEMBER 0.00 0 0 0 MATT WINEBRENNER BOARD MEMBER 0.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SC CHAD TIPPEY 5109-A WEST ENTERPRISE STREET NORTH CHARLESTON SC 29405 8437141118 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 29059 49537 40049 79284 74658 272587 29059 49537 40049 79284 74658 272587 46076 226511 488 3618 1755 3090 4044 12995 285582 0.79320 0.79570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 FALL FUNDRAISING 67476 67476 3796 67476 67476 3796 3796 -3796 FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: DIVIDEND INCOME. AMOUNT: 4,044. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: BUSINESS EXPENSES & FEES. AMOUNT: 2,526. DESCRIPTION: FRESHMAN ORIENTATION. AMOUNT: 17,857. DESCRIPTION: PARTNERS IN EDUCATION GRANT. AMOUNT: 30,762. DESCRIPTION: AMHS ENRICHMENT - ATHLETICS BOOSTER. AMOUNT: 1,333. DESCRIPTION: INSURANCE. AMOUNT: 435. DESCRIPTION: SCHOLARSHIP FUND EXPENSE. AMOUNT: 2,540. DESCRIPTION: UNFUNDED CLASSROOM NEEDS COSTS. AMOUNT: 578. DESCRIPTION: AMHS ENRICHMENT - SCHOLARSHIP EXPENSE. AMOUNT: 2,000. DESCRIPTION: COLLEGE PREP ENHANCEMENT SERVICE. AMOUNT: 18,469. DESCRIPTION: COMMUNITY/ALUMNI/CORP. OUTREACH. AMOUNT: 628. DESCRIPTION: FACULITY PROF DEVELOPMENT COSTS. AMOUNT: 6,936. TOTAL TO FORM 990-EZ, LINE 16: 84,064. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: DUE FROM AMHS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 7,460. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: UNREALIZED GAINS/LOSSES. BEG. OF YEAR AMOUNT: 5,223. END OF YEAR AMOUNT: 8,936. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.