2024-01-17T09:21:50-06:00 2023-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2022-07-01 581727943 ATLANTA METROPOLITAN COLLEGE FOUNDATION INCORPORATED ATLA 4047564442 1630 METROPOLITAN PARKWAY ATLANTA GA 30310 SHEILA TENNEY EXECUTIVE DIRECTOR 4047564442 2024-01-16 1 SHEILA TENNEY XXX-XX-XXXX 1 MARY JO ALEXANDER P00002534 7709558600 2024-01-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHEILA TENNEY 1630 METROPOLITAN PARKWAY ATLANTA GA 30310 601268 0 X WWW.ATLM.EDU X 1987 GA TO SUPPORT AND ENHANCE ATLANTA METROPOLITAN COLLEGE BY ENCOURAGING CHARITABLE GIFTS LEADING TO ACADEMIC PROGRAMS OF EXCELLENCE. 17 17 1 17 0 0 214472 274420 309974 311481 48525 14433 0 0 572971 600334 225494 217170 0 0 0 0 0 0 6774 254053 249517 479547 466687 93424 133647 9472116 9261103 8508109 8126180 964007 1134923 TO SUPPORT AND ENHANCE ATLANTA METROPOLITAN COLLEGE BY ENCOURAGING CHARITABLE GIFTS LEADING TO ACADEMIC PROGRAMS OF EXCELLENCE. 0 0 179718 311481 CAMPUS FACILITIES 165717 165717 ACADEMIC AND EDUCATION 51453 51453 OTHER PROGRAM SUPPORT 396888 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 X 2 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 GA X THE ORGANIZATION 4047564442 1630 METROPOLITAN PARKWAY ATLANTA GA 30310 SKIP VAUGHAN CHAIRMAN 1.00 X X 0 0 0 GITA HENDESSI GARDNER VICE CHAIR 1.00 X X 0 0 0 PAMELA D CROSS TREASURER 1.00 X X 0 0 0 TITA STEWART SECRETARY 1.00 X X 0 0 0 INGRID N THOMPSON-SELLERS DIRECTOR EX OFFICIO, PRESI 1.00 X X 0 0 0 SHARMEN GOWENS GOVERNANCE COMMITTEE CHAIR 1.00 X 0 0 0 DIANNE WISNER DEVELOPMENT COMM CO-CHAIR 1.00 X 0 0 0 STACEY ABRAMS BOARD MEMBER 1.00 X 0 0 0 VERONICA ADADEVOH DEVELOPMENT COMM CO-CHAIR 1.00 X 0 0 0 JANICE ANDREWS BOARD MEMBER 1.00 X 0 0 0 NICK HENRY BOARD MEMBER 1.00 X 0 0 0 REGINALD MOORE BOARD MEMBER 1.00 X 0 0 0 JOHN O'CALLAGHAN BOARD MEMBER 1.00 X 0 0 0 LEISA STAFFORD BOARD MEMBER 1.00 X 0 0 0 HENRY HANK THOMAS BOARD MEMBER 1.00 X 0 0 0 MICHAEL L THURMOND BOARD MEMBER 1.00 X 0 0 0 WILLIE A WATKINS BOARD MEMBER 1.00 X 0 0 0 SHEILA TENNEY EXECUTIVE DIRECTOR 40.00 X 19281 0 0 19281 0 0 0 0 0 1 0 274420 274420 RENTAL INCOME 531190 311481 311481 311481 15367 15367 934 -934 -934 -934 600334 311481 0 14433 217170 217170 43600 43600 548 548 20676 13732 6944 1962 190 1772 16935 10161 6774 165796 165796 466687 396888 63025 6774 339983 304525 533698 584086 8598435 8372492 9472116 9261103 11422 18362 8496687 8107818 8508109 8126180 X 627109 727756 336898 407167 964007 1134923 9472116 9261103 133647 37269 0 X X 0 1 X 1 0 X 469025 145448 91315 214472 274420 1194680 469025 145448 91315 214472 274420 1194680 224436 970244 44708 3475 8505 11476 15367 83531 1278211 2607621 0.75910 0.89020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 542698 50388 593086 605424 9000 -71726 542698 467184 138240 605424 467110 74 467184 199983 247000 20127 467110 0.50137 0.38999 0.10864 0 0 0 DOMESTIC EQUITIES 303013 F FIXED INCOME 108919 F INTERNATIONAL EQUITIES 87240 F NON-TRADITIONAL FUNDS 73281 F MONEY MARKET FUNDS 11633 F 584086 NET INVESTMENT IN DIRECT FINANCING LEASE 8065939 ASSETS LIMITED AS TO USE 306553 8372492 X PART V, LINE 4: ENDOWMENT FUNDS ARE INVESTED SUCH THAT ANY EARNINGS ON SUCH ENDOWMENTS WILL BE AVAILABLE TO ASSIST IN FURTHERING THE ORGANIZATION'S MISSION. PART X, LINE 2: THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FOUNDATION'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS. 1 ATLANTA METROPOLITAN STATE COLLEGE 1630 METROPOLITAN PKWY SE ATLANTA GA 30310 217170 0 OPERATIONAL SUPPORT, GAP SCHOLARSHIPS 1 0 PART I, LINE 2: THE MAJORITY OF SCHOLARSHIPS ARE AWARDED BY THE INSTITUTION AS "NEED'S BASED SCHOLARSHIPS" BASED ON FINANCIAL NEED. THESE SCHOLARSHIPS ARE REFERRED TO AS "GAP SCHOLARSHIPS AND ARE DETERMINED BY STUDENTS ACCOUNTS VIA THE REVIEW OF STUDENT BALANCES. VERY FEW SCHOLARSHIPS ARE PROVIDED OTHERWISE UNLESS DONOR-SPECIFIED. IF A DONOR CONTRIBUTES FUNDS FOR A SPECIFIC SCHOLARSHIP, AN INTERNAL COMMITTEE IS ESTABLISHED TO SELECT FINALISTS VIA AN APPLICATION PROCESS. THE FINALISTS ARE THEN SENT TO THE DONOR'S EXTERNAL COMMITTEE TO SELECT THE WINNERS. 0 0 0 0 0 0 0 0 0 FORM 990 PART VII LINE 1A LISTED ON FORM 990 PART VII LINE 1A IS EXECUTIVE DIRECTOR, SHEILA TENNEY, WHOSE COMPENSATION IS PAID BY AN UNRELATED ENTITY, ATLANTA METROPOLITAN STATE COLLEGE AND REPORTED UNDER EIN #58-1109222. TOTAL REPORTABLE COMPENSATION FOR CALENDAR YEAR 2022 WAS $19,281. A DEVELOPMENT AUTHORITY OF FULTON COUNTY 36005FHZ1 2002-06-15 9154216 REFINANCE 2011 BONDS 0 0 0 A 275000 8960447 193769 8960447 2021 1 0 0 0 A 1 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990 PART I LINE 5 AND PART V LINE 2A AND 2B THE ATLANTA METROPOLITAN COLLEGE FOUNDATION DOES NOT HAVE ANY W-2 EMPLOYEES. ALL EMPLOYEES ARE EMPLOYED BY REPORTING AGENT ATLANTA METROPOLITAN COLLEGE, EIN 58-1190222, AN UNRELATED ORGANIZATION. THERE WAS 1 EMPLOYEE THAT WORKED FULL OR PART-TIME FOR THE ATLANTA METROPOLITAN COLLEGE FOUNDATION AND WAS COMPENSATED BY ATLANTA METROPOLITAN COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS HAVE AN OPPORTUNITY TO REVIEW, QUESTION, AND COMMENT ON THE DRAFT 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S GOVERNING BOARD MUST SIGN A CONFLICT OF INTEREST STATEMENT UPON APPOINTMENT TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE FINANCIAL AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE SAME INDEPENDENT FIRM, AS IN THE PRIOR YEAR, CONTINUED TO AUDIT THE ORGANIZATION FOR THIS REPORTING PERIOD. AMC CAMPUS PROJECT I LLC 1630 METROPOLITAN PARKWAY SW ATLANTA GA 30310 LEASING TO ATLANTA METROPOLITAN STATE COLLEGE GA 347217 8551547 ATLANTA METROPOLITAN COLLEGE FOUNDATION INC