2024-07-19T02:45:58-04:00 2023-12-31 580137615 Alston & Bird LLP 1201 West Peachtree Street SU Atlanta GA 30309 990PF 2023-01-01 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 2023 2023-04-26 12:10:37Z X 518154 X 25000 X 12265 12265 0 0 0 0 0 0 0 0 0 0 0 0 0 0 37265 12265 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 37265 12265 0 27432 64566 64566 0 0 0 0 568245 453588 453588 0 0 0 0 0 0 0 0 595677 518154 518154 0 0 0 0 0 0 0 0 0 0 0 0 0 X 595677 518154 0 0 595677 518154 595677 518154 595677 37265 632942 114788 518154 170 170 170 0 0 0 170 0 0 false false false 0 0 0 false false false false false true false false false false false true 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 Matt Brigham 2999 Wildwood Parkway Atlanta GA 30339 VP and Treasurer 0.00 0 0 0 Derek Goshay 2999 Wildwood Parkway Atlanta GA 30339 Director and Chair 0.00 0 0 0 Jennifer Ellis 2999 Wildwood Parkway Atlanta GA 30339 Secretary 0.00 0 0 0 505559 58116 0 563675 0 0 563675 8455 555220 27761 27761 170 0 170 27591 0 27591 0 27591 0 0 0 0 27591 27591 27591 0 27591 27591 0 0 0 0 0 0 X 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 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 $19,381 was set aside in tax year 2021 and $12,430 was set aside in accordance with Treas. Reg. Section 53.4942a-3b3 for scholarships. The program's progress has been slowed by leadership transitions and in 2023 an additional $27,591 was set aside for scholarships once terms are fully established with Scholarship America and applications are coming in. The total amount for all 3 years is $59402 which will be distributed in the organizations first 5 tax years. 568245 453588 453588 453588 investment losses 114788 This return is being filed timely. The Foundation was established as a Georgia nonprofit corporation in February 2021 to provide scholarships for Genuine Parts Company employees and their children in accordance with a partnership with Scholarship America. Due to transitions and working out the agreement with Scholarship America the Foundation failed to distributed the full distributable amount in 2023 but it has and will correct this in 2024.