2024-01-31T08:24:46-06:00 2023-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2022-07-01 581844142 CENTER FOR THE VISUALLY IMPAIRED FOUNDATION INC CENT 4048759011 739 WEST PEACHTREE STREET ATLANTA GA 30308 MELISA KENNEDY PRESIDENT & CEO 4048759011 2024-01-23 1 MELISA KENNEDY XXX-XX-XXXX 1 ALEISA HOWELL P00936721 7709558600 2024-01-23 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MELISA KENNEDY 739 WEST PEACHTREE STREET ATLANTA GA 30308 2219860 0 X WWW.CVIGA.ORG X 1989 GA TO FINANCIALLY ASSIST THE CENTER FOR THE VISUALLY IMPAIRED, INC. 8 8 28 11 0 0 1145211 1437618 0 0 2007 192093 52275 63977 1199493 1693688 1583804 1720483 0 0 0 0 0 0 0 3289 0 1587093 1720483 -387600 -26795 3132415 3175419 0 0 3132415 3175419 TO FINANCIALLY ASSIST THE CENTER FOR THE VISUALLY IMPAIRED, INC. 0 0 1720483 1720483 THE CENTER FOR THE VISUALLY IMPAIRED FOUNDATION, INC (CVIF) OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE CENTER FOR THE VISUALLY IMPAIRED, INC (CVI). CVIF SUPPORTS THE ACTIVITIES OF CVI AND CONDUCTS FUND-RAISING ACTIVITIES FOR THE BENEFIT OF CVI. IN ADDITION, THE CVI FOUNDATION, INC. SERVES THE ROLE OF RECEIVING GIFTS ON BEHALF OF CVI AND INVESTING THEM UNTIL UTILIZED FOR THE PURPOSE INTENDED BY THE DONOR AND MANAGES PERMANENTLY RESTRICTED (ENDOWMENT) ASSETS HELD BY CVI. 1720483 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 36 0 1 28 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X MELISA KENNEDY 4048759011 739 WEST PEACHTREE STREET NW ATLANTA GA 30308 MELISA KENNEDY PRESIDENT 20.00 20.00 X 0 162622 21070 MARY ANN COOK CHAIR 3.00 2.00 X X 0 0 0 JOHN T RHETT III TREASURER 2.00 X X 0 0 0 ANNE B SKAE SECRETARY 1.00 X X 0 0 0 ANDY SHULMAN DIRECTOR 1.00 X 0 0 0 RICHARD D BLUMBERG DIRECTOR 1.00 X 0 0 0 SUSAN HOY DIRECTOR 1.00 X 0 0 0 MONTAGUE L COSMO BOYD IV DIRECTOR 1.00 2.00 X 0 0 0 ANDREW KAUSS DIRECTOR 1.00 X 0 0 0 0 162622 21070 0 0 1 0 0 172971 1264647 21857 1437618 253413 253413 370962 432282 -61320 -61320 -61320 157867 172971 93890 63977 63977 1693688 0 0 256070 1720483 1720483 1720483 1720483 0 0 523796 404027 47100 320625 2561519 2450767 3132415 3175419 0 0 X 12228 214501 3120187 2960918 3132415 3175419 3132415 3175419 -26795 69799 0 X X 0 1 X 1 0 X X 1 CENTER FOR THE VISUALLY IMPAIRED 581168874 7 1 1720483 0 1 1720483 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2660151 261892 370962 2551081 3138929 -478778 2660151 3056247 780312 697630 3138929 3757942 84797 786492 3056247 5063685 86025 1391768 3757942 0.00000 1.00000 0.00000 0 0 0 X PART V, LINE 4: THE CVI FOUNDATION, INC'S BOARD OF TRUSTEES HAS APPROVED AND IMPLEMENTED AN ANNUAL SPENDING POLICY RELATED TO THEIR INVESTED FUNDS. THE SPENDING POLICY STIPULATES THAT 4.00% OF THE THREE-YEAR AVERAGE MARKET VALUE OF THE INVESTMENT PORTFOLIO, DETERMINED AT DECEMBER 31ST OF EACH YEAR, SHALL BE AVAILABLE TO CVI DURING THEIR NEXT FISCAL YEAR. INVESTMENT INCOME CONSISTING OF DIVIDENDS AND INTEREST (AS WELL AS ANY PRINCIPAL THAT MAY BE NECESSARY TO ACHIEVE THE 4.00% ALLOCATION) ARE TRANSFERRED TO ORGANIZATIONS DURING THEIR NEXT FISCAL YEAR. INVESTMENT INCOME CONSISTING OF DIVIDENDS AND INTEREST (AS WELL AS ANY PRINCIPAL THAT MAY BE NECESSARY TO ACHIEVE THE 4.00% ALLOCATION) ARE TRANSFERRED TO CVI IN THE SUBSEQUENT YEAR. INTEREST, DIVIDENDS, REALIZED AND UNREALIZED GAINS AND LOSSES IN EXCESS OF THE 4.00% ALLOCATION ARE RECORDED AS INCREASES OR DECREASES IN THE APPROPARIATE NET ASSET CLASS. THE ORGANIZATION'S BOARD OF TRUSTEES REVIEW SPENDING POLICIES ANNUALLY AND APPROVE DISTRIBUTIONS THEY DEEM TO BE PRUDENT. CVI FOUNDATION, INC HAS A POLICY PERMITTING SPENDING FROM UNDERWATER ENDOWMENT FUNDS DEPENDING ON THE DEGREE TO WHICH THE FUND IS UNDERWATER, UNLESS OTHERWISE PRECLUDED BY DONOR INTENT OR RELEVANT LAW AND REGULATIONS. THE GOVERNING BOARD APPROPRIATED FOR EXPENDITURE $- FROM FUNDS WITH DEFICIENCIES DURING THE YEAR ENDED JUNE 30, 2023. PART X, LINE 2: AS PROVIDED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) FOR NONPROFIT ORGANIZATIONS, CVI, INC. AND CVI FOUNDATION, INC. ARE EXEMPT FROM FEDERAL INCOME TAXES RELATED TO THEIR EXEMPT FUNCTION ACTIVITIES. THEY ARE, HOWEVER, REQUIRED TO FILE FEDERAL FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. THIS IS AN INFORMATION RETURN ONLY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE COMBINED FINANCIAL STATEMENTS. NIGHT VISIONS GALA 330838 172971 157867 17892 21756 5000 49242 330838 172971 157867 17892 21756 5000 49242 93890 63977 1 CENTER FOR VISUALLY IMPAIRED INC 739 WEST PEACHTREE STREET ATLANTA GA 30308 581168874 501(C)(3) 1720483 0 TO SUPPORT THE PROGRAM OF CENTER FOR VISUALLY IMPAIRED, INC. 1 0 PART I, LINE 2: CENTER FOR VISUALLY IMPAIRED FOUNDATION, INC IS A SUPPORTING ORGANIZATION OF CENTER FOR VISUALLY IMPAIRED, INC. "CVI". ITS PURPOSE IS TO GENERATE AND MANAGE FUNDS FOR USE BY CVI IN SUPPORT OF OPERATIONS. 0 0 0 0 0 0 0 0 0 MELISA KENNEDY PRESIDENT 0 162622 0 0 0 0 0 15000 0 6070 0 183692 0 0 FORM 990 PART V LINE 2A THE CENTER FOR VISUALLY IMPAIRED FOUNDATION, INC (CVIF) AND THE CENTER FOR THE VISUALLY IMPAIRED, INC (CVI)(A RELATED ENTITY) SHARE COMMON EMPLOYEES. PAYROLL IS CONDUCTED SOLELY THROUGH CVI. THE PRESIDENT DEDICATES APPROXIMATELY HALF OF HER WORKING HOURS FOR THE FOUNDATION. ALSO CVIF PERFORMS FUND-RAISING AND INVESTMENT PLANNING FUNCTIONS FOR CVI. THERE ARE TWO EMPLOYEES IN THE DEVELOPMENT DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 11B THE CVIF FORM 990 WAS REVIEWED BY BOARD MEMBERS, MANAGEMENT AND THE AUDITING FIRM, WHICH PREPARED THE TAX RETURN, PRIOR TO FILING OF SAID RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT UPON JOINING THE BOARD AND ANNUALLY THEREAFTER. FORM 990, PART VI, SECTION C, LINE 19 WHEN FORM 990 HAS BEEN FILED WITH THE IRS AND AN ELECTRONIC VERSION OF THE FOUNDATION'S REPORT IS RECEIVED FROM THE 3RD PARTY PREPARER, A COPY IS POSTED WITH GUIDESTAR FOR THE PUBLIC'S ACCESS AND REVIEW. ELECTRONIC AND PAPER COPIES ARE AVAILABLE UPON REQUEST THROUGHOUT THE YEAR. FORM 990, PART XI LINE 2C THE PROCESS FOR AUDITOR SELECTION AND REVIEW OF AUDITED FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PREVIOUS YEAR. CENTER FOR THE VISUALLY IMPAIRED INC 739 WEST PEACHTREE STREET ATLANTA GA 30308 581168874 ASSISTANCE FOR THE VISUALLY IMPAIRED GA 501(C)(3) 170(B)(1)(A)(VI) N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0