2024-05-09T11:50:46-05:00 2023-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 1029 GREENE STREET AUGUSTA GA 30901 990 2022-07-01 237034345 KENNESAW STATE UNIVERSITY FOUNDATION INC KENN 4705786675 1000 CHASTAIN ROAD 9101 KENNESAW GA 30144 STEPHEN S BRIDGES CHIEF FINANCIAL OFFICER 4705786675 2024-05-07 1 STEPHEN BRIDGES 999009999 1 AMY DOSIK P00890743 7067243557 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LANCE BURCHETT 1000 CHASTAIN ROAD 9101 KENNESAW GA 30144 89687259 0 X WWW.FOUNDATION.KENNESAW.EDU X 1969 GA TO SERVE AS AN ADVOCATE FOR KENNESAW STATE UNIVERSITY, AND TO RECEIVE, INVEST, ACCOUNT FOR, AND ALLOCATE PRIVATE GIFTS AND CONTRIBUTIONS IN SUPPORT OF THE UNIVERSITY. 61 60 0 61 0 0 12835529 19718981 46472563 36850844 1184452 2613315 144536 -54738 60637080 59128402 10131584 18152600 0 0 0 0 0 0 240087 34165582 34748821 44297166 52901421 16339914 6226981 526662340 500639088 378121018 335780075 148541322 164859013 THE KENNESAW STATE UNIVERSITY FOUNDATION'S MISSION IS TO BE AN ADVOCATE FOR THE UNIVERSITY, AND TO RECEIVE, INVEST, ACCOUNT FOR, AND ALLOCATE PRIVATE GIFTS AND CONTRIBUTIONS IN SUPPORT OF KENNESAW STATE UNIVERSITY. 0 0 28521055 36476719 LEASING OPERATIONS - PROVIDE STUDENT HOUSING, PARKING, OFFICE, DINING AND SPORTS AND RECREATION FACILITIES TO THE UNIVERSITY. 9857315 7493753 TO FUND KENNESAW STATE UNIVERSITY ACADEMIC PROGRAMS AND SCHOLARSHIPS. 11991749 10644967 SUPPORT OF UNIVERSITY PROGRAMS. 721028 13880 374125 721028 13880 374125 51091147 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 X 49 0 1 0 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 61 60 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X X X STEPHEN BRIDGES 4705786675 3391 TOWN POINT DRIVE SUITE 4430 MD KENNESAW GA 30144 MR STEVEN CADRANEL CHAIRMAN 1.00 0.00 X X 0 0 0 MR THEODORE L PARRISH VICE CHAIR - CHAIR ELECT 1.00 0.00 X X 0 0 0 MRS JENNIFER BRITT FLECK SECRETARY 1.00 0.00 X X 0 0 0 MR ANDRE SCHNABL TREASURER 1.00 0.00 X X 0 0 0 MR TRENTON D TURK IMMEDIATE PAST CHAIR 1.00 0.00 X 0 0 0 MS ANGIE M ALEXANDER TRUSTEE 1.00 0.00 X 0 0 0 MR LUIS ARRIAGA TRUSTEE 1.00 0.00 X 0 0 0 MR RICHARD A BENNETT TRUSTEE 1.00 0.00 X 0 0 0 MR SHAILESH BETTADAPUR TRUSTEE 1.00 0.00 X 0 0 0 MS SARAH BOONE TRUSTEE 1.00 0.00 X 0 0 0 DR RON L BRAUND TRUSTEE 1.00 0.00 X 0 0 0 MR R ALLEN BROOKS TRUSTEE 1.00 0.00 X 0 0 0 MR WALTON C BRYDE TRUSTEE 1.00 0.00 X 0 0 0 MS ELIZABETH W CAMP TRUSTEE 1.00 0.00 X 0 0 0 MR MEL C CLEMMONS TRUSTEE 1.00 0.00 X 0 0 0 DR MICHAEL J COLES TRUSTEE 1.00 0.00 X 0 0 0 MR RICHARD COX TRUSTEE 1.00 0.00 X 0 0 0 MR DON E DAVIDSON TRUSTEE 1.00 0.00 X 0 0 0 MR STEPHEN W DILS TRUSTEE 1.00 0.00 X 0 0 0 MR JAMES P DUNN TRUSTEE 1.00 0.00 X 0 0 0 MR MICKEY DUNN TRUSTEE 1.00 0.00 X 0 0 0 MS CONNIE L ENGEL TRUSTEE 1.00 0.00 X 0 0 0 MR KIRK M GADEBUSCH TRUSTEE 1.00 0.00 X 0 0 0 MR REUEL RICK E HAMILTON III TRUSTEE 1.00 0.00 X 0 0 0 MR JOESPH J HANDY TRUSTEE 1.00 0.00 X 0 0 0 MR WILLIAM M HAYES TRUSTEE 1.00 0.00 X 0 0 0 MR FRANK M HOWARD TRUSTEE 1.00 0.00 X 0 0 0 MR I BARRY HYMAN TRUSTEE 1.00 0.00 X 0 0 0 MR DON JOHNSON TRUSTEE 1.00 0.00 X 0 0 0 MR DOUGLAS E JONES TRUSTEE 1.00 0.00 X 0 0 0 MS JULIE KIMBALL TRUSTEE 1.00 0.00 X 0 0 0 MR LAWRENCE P KRASKA TRUSTEE 1.00 0.00 X 0 0 0 MR ROB LEVEN TRUSTEE 1.00 0.00 X 0 0 0 MR SHEPHERD D LONG TRUSTEE 1.00 0.00 X 0 0 0 MR BEN L LOOPER TRUSTEE 1.00 0.00 X 0 0 0 MS BETH LOWRY TRUSTEE 1.00 0.00 X 0 0 0 MR CARIC MARTIN TRUSTEE 1.00 0.00 X 0 0 0 MR DAVID MCKOY TRUSTEE 1.00 0.00 X 0 0 0 MS JUDITH MOEN TRUSTEE 1.00 0.00 X 0 0 0 MR SIDDHARTHA MOOKERJI TRUSTEE 1.00 0.00 X 0 0 0 MS VERONICA C MORRISSETTE TRUSTEE 1.00 0.00 X 0 0 0 MRS ALANA MUELLER TRUSTEE 1.00 0.00 X 0 0 0 MR FRANCISCO BORJA OLANO TRUSTEE 1.00 0.00 X 0 0 0 MR JAMES CHRIS PIKE TRUSTEE 1.00 0.00 X 0 0 0 MS DEBORAH PIKE TRUSTEE 1.00 0.00 X 0 0 0 DR BOB M PRILLAMAN TRUSTEE 1.00 0.00 X 0 0 0 DR IVAN PULINKALA TRUSTEE / UNIVERSITY PROVOST 1.00 0.00 X 0 344488 75805 MR MICHAEL S QUINLAN TRUSTEE 1.00 0.00 X 0 0 0 MR NORMAN J RADOW TRUSTEE 1.00 0.00 X 0 0 0 MRS CANDICE L SAUNDERS TRUSTEE 1.00 0.00 X 0 0 0 MR DOUGLAS SHORE TRUSTEE 1.00 0.00 X 0 0 0 MR RICHARD S SIEGEL TRUSTEE 1.00 0.00 X 0 0 0 MS ROBYN SMITH TRUSTEE 1.00 0.00 X 0 0 0 MR J LARRY STEVENS TRUSTEE 1.00 0.00 X 0 0 0 MS VALERY VOYLES TRUSTEE 1.00 0.00 X 0 0 0 MR DAVID R WALENS TRUSTEE 1.00 0.00 X 0 0 0 MR ROBERT K WALSH JR TRUSTEE 1.00 0.00 X 0 0 0 MRS CATHERINE LAND WATERS TRUSTEE 1.00 0.00 X 0 0 0 MR TIM WILKERSON TRUSTEE 1.00 0.00 X 0 0 0 DR KATHY SCHWAIG TRUSTEE/PRESIDENT 1.00 40.00 X 0 474252 53826 MR LANCE E BURCHETT CEO 20.00 20.00 X 0 256748 40137 MR STEPHEN BRIDGES CFO 40.00 0.00 X 0 170167 52384 MS VALERIE PATRICK FOUNDATION CONTROLLER 40.00 0.00 X 0 128480 25184 MS JANELLE FUNK FINANCE DIRECTOR 20.00 20.00 X 0 131729 43930 0 1505864 291266 0 0 1 0 PIEDMONT CONSTRUCTION GROUP 107 GATEWAY DRIVE SUITE B MACON GA 31210 CONSTRUCTION 17486645 GEORGIA MECHANICAL INC 4189 CAPITAL VIEW DRIVE SUWANEE GA 30024 REPAIR AND MAINTENANCE 1603179 TECTA AMERICA 5085 SHILOH ROAD CUMMING GA 30040 CONSTRUCTION 1337555 AJAX BUILDING COMPANY LLC 1080 COMMERCE BLVD MIDWAY FL 32343 CONSTRUCTION 1250427 SOUTHWEST CONTRACT 2405 INDUSTRIAL BLVD TEMPLE TX 76504 CONSTRUCTION 1238000 18 438674 19280307 625330 19718981 LEASING INCOME 531190 36476719 36476719 MANAGEMENT FEE INCOME 531190 374125 374125 36850844 2829294 2829294 30179747 30395726 -215979 -215979 -215979 108393 438674 163131 -54738 -54738 59128402 36850844 0 2558577 18152600 18152600 1431763 1145408 231941 54414 269560 269560 35477 7357 22970 5150 39672 39672 569811 491579 29401 48831 158994 104549 53845 600 3078738 3020223 55087 3428 297220 262405 5553 29262 1294467 1212781 65483 16203 11128060 11128060 5601194 5601194 RENTAL OPERATIONS 6030326 6030326 SHARED SERVICES 3908456 3081586 826870 PROMOTION AND DEVELOPME 767566 722791 5076 39699 DUES AND PROFESSIONAL M 109330 90616 607 18107 28187 3794 24393 52901421 51091147 1570187 240087 25946901 28850632 15642424 14620519 677307 1397549 37360 38046 155558261 86808639 106718484 68749622 23032673 21007160 83643936 100069467 270963255 265906093 526662340 500639088 6195742 2807534 2629145 572507 353722543 320816969 15573588 11583065 378121018 335780075 X 25794078 24420779 122747244 140438234 148541322 164859013 526662340 500639088 X 6226981 9341487 749223 X 0 1 X 1 0 X X 1 KENNESAW STATE UNIVERSITY 580965786 6 1 18152600 0 1 18152600 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X X 1 1 PART IV, SECTION D, LINE 3: THE FOUNDATION'S SUPPORTED ORGANIZATION (KENNESAW STATE UNIVERSITY) HAS A SIGNIFICANT VOICE IN THE INVESTMENT POLICIES AND THE USE OF INCOME AND ASSETS OF THE FOUNDATION THROUGHOUT THE YEAR. THIS IS EVIDENCED BY THE FOLLOWING FACTS: KENNESAW STATE UNIVERSITY EMPLOYEES ARE INVOLVED WITH THE FOUNDATION'S DAILY OPERATIONS; THE PRESENCE OF THE PRESIDENT'S AND/OR HIS/HER EMISSARIES AT COMMITTEE AND BOARD MEETINGS WHERE DECISIONS ARE MADE; THE FACT THAT THE PRESIDENT IS A VOTING TRUSTEE OF THE BOARD AND VICE PRESIDENT OF ADVANCEMENT SIT ON THE BOARD OF DIRECTORS, ALBEIT AS A NON-VOTING MEMBER. PART IV, SECTION E, LINE 1C: THE KENNESAW STATE UNIVERSITY FOUNDATION, INC. SUPPORTS KENNESAW STATE UNIVERSITY ("KSU"). KSU IS A UNIVERSITY IN THE THE STATE OF GEORGIA UNIVERSITY SYSTEM AND HENCE IS A UNIT OF GOVERNMENT. PART IV, SECTION E, LINE 2A: ALL ACTIVITIES ENGAGED IN BY THE FOUNDATION ARE FOR THE BENEFIT OF THE SUPPORTED ORGANIZATION, KENNESAW STATE UNIVERSITY. THE SCHOLARSHIPS HELP STUDENTS TO ATTEND, THE ACADEMIC PROGRAMS ENRICH THE PROGRAMS OFFERED BY THE FACULTY; THE LEASING OPERATIONS PROVIDE THE UNIVERSITY'S STUDENTS WITH HOUSING, PARKING, OFFICE, DINING AND SPORTS AND RECREATION FACILITIES, ETC. PART IV, SECTION E, LINE 2B: KENNESAW STATE UNIVERSITY FOUNDATION'S MISSION IS TO BE AN ADVOCATE FOR KENNESAW STATE UNIVERSITY (THE "UNIVERSITY") AND TO RECEIVE, INVEST, ACCOUNT FOR, AND ALLOCATE PRIVATE GIFTS AND CONTRIBUTIONS IN SUPPORT OF THE UNIVERSITY. THE FOUNDATION PROVIDES STUDENT HOUSING, PARKING, AND LEASES ADMINISTRATIVE, DINING, CLASSROOM, AND ATHLETIC SPACE TO THE UNIVERSITY. ALL THESE ACTIVITIES ARE ESSENTIAL TO THE OPERATIONS OF KENNESAW STATE UNIVERSITY. IF THE FOUNDATION DID NOT CONDUCT THESE ACTIVITIES, ANOTHER ORGANIZATION, OR THE UNIVERSITY ITSELF, WOULD HAVE TO MANAGE SUCH ACTIVITIES AND PROPERTIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 127788 1277188 X X X 0 89245895 11340964 8088208 2340530 106334537 96495925 4293026 -10042041 1501015 89245895 59137727 22389879 16262962 1294643 96495925 47465943 12393192 541380 1262788 59137727 44452793 2010189 1792698 1179819 -390082 47465943 0.00396 0.99603 0.00000 0 0 4923154 4923154 138305417 79719208 58586209 82581 30200 52381 12247109 7059231 5187878 68749622 ALTERNATIVE INVESTMENTS 100069467 F 100069467 NET INVESTMENTS IN DIRECT FINANCING LEASES 208795736 ASSETS LIMITED AS TO USE 51611262 DONATED ART 1277188 OTHER ASSETS 8700 OPERATING LEASES RIGHT OF USE ASSET 4213207 265906093 ACCRUED INTEREST 6386256 ACCOUNTS PAYABLE TO RELATED ENTITY 908291 ANNUITY OBLIGATION 615 OPERATING LEASES LIABILITY 4287903 11583065 X 69073196 9341487 709736 163131 10214354 58858842 269560 269560 59128402 43663157 709736 163131 872867 42790290 269560 9841571 10111131 52901421 PART III, LINE 4: THE KSU FOUNDATION ART COLLECTION CONSISTS OF JUST OVER TWO HUNDRED PAINTINGS, SCULPTURE, PHOTOGRAPHS, WORKS ON PAPER, AND DECORATIVE ARTS FROM THE SEVENTEENTH-CENTURY TO THE PRESENT. WHILE COMPRISED PRIMARILY OF ARTWORK FROM THE UNITED STATES, THE COLLECTION ALSO INCLUDES WORKS FROM EUROPE AND ASIA. AS A SUPPORTING ORGANIZATION, PROVIDING THIS ART COLLECTION FURTHERS THE EDUCATIONAL PURPOSE OF KSU BY INSPIRING STUDENTS. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF 512 INDIVIDUAL FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING FOR A VARIETY OF PURPOSES. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: THE FOUNDATION QUALIFIED AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN IRC SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS A PUBLICLY SUPPORTED ORGANIZATION AND NOT AS A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 163,131. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 163,131. PART XII, LINE 4B - OTHER ADJUSTMENTS: ASSETS TRANSFERRED TO KSU 9,841,571. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 9626777 0 0 0 0 0 0 9626777 0 9626777 1 0 1 0 0 0 PART I, LINE 3: THE AMOUNT REPORTED IN PART I REPRESENTS THE FAIR MARKET VALUE OF INVESTMENTS HELD AS OF THE END OF THE TAX YEAR. PART III ACCOUNTING METHOD: ARTS GALA 186434 124449 61985 2236 36511 43247 CONSTRUCTION GALA 360633 314225 46408 2500 55083 23554 547067 438674 108393 4736 55083 36511 66801 163131 -54738 1 KENNESAW STATE UNIVERSITY 1000 CHASTAIN ROAD KENNESAW GA 30144 580965786 STATE UNIVERSITY 2959461 0 ACADEMIC PROGRAMS AND DEAN SUPPORT KENNESAW STATE UNIVERSITY 1000 CHASTAIN ROAD KENNESAW GA 30144 580965786 STATE UNIVERSITY 803396 9841571 BOOK ARTWORK AND OTHER OTHER UNIVERSITY SUPPORT KENNESAW STATE UNIVERSITY 1000 CHASTAIN ROAD KENNESAW GA 30144 580965786 STATE UNIVERSITY 13880 0 UNIVERSITY EVENTS & PROGRAMS KENNESAW STATE UNIVERSITY 1000 CHASTAIN ROAD KENNESAW GA 30144 580965786 STATE UNIVERSITY 4534292 0 TO PROVIDE MONIES TO KSU FOR STUDENT SCHOLARSHIPS 1 0 PART I, LINE 2: THE FOUNDATION REQUIRES APPROVAL OF DEPARTMENT HEADS FOR ALL PROGRAM EXPENSES. SCHOLARSHIPS ARE ADMINISTERED BY THE KSU SCHOLARSHIP DEPARTMENT AND THE SCHOLARSHIP STEERING COMMITTEE. 0 0 0 0 0 0 0 0 0 DR KATHY SCHWAIG TRUSTEE/PRESIDENT 0 433052 0 0 0 41200 0 42984 0 10842 0 528078 0 0 DR IVAN PULINKALA TRUSTEE / UNIVERSITY PROVOST 0 344488 0 0 0 0 0 69182 0 6623 0 420293 0 0 MR LANCE E BURCHETT CEO 0 247964 0 0 0 8784 0 23447 0 16690 0 296885 0 0 MR STEPHEN BRIDGES CFO 0 170167 0 0 0 0 0 34944 0 17440 0 222551 0 0 MS JANELLE FUNK FINANCE DIRECTOR 0 131729 0 0 0 0 0 38057 0 5873 0 175659 0 0 MS VALERIE PATRICK FOUNDATION CONTROLLER 0 128480 0 0 0 0 0 12692 0 12492 0 153664 0 0 SCHEDULE J, PART I: KENNESAW STATE UNIVERSITY FOUNDATION, INC. DOES NOT HAVE ANY W-2 EMPLOYEES. ALL EMPLOYEES ARE EMPLOYED BY REPORTING AGENT, KENNESAW STATE UNIVERSITY, EIN 58-0968786, A RELATED ORGANIZATION. THE FOUNDATION REIMBURSES THE UNIVERSITY FOR A PORTION OF THE COMPENSATION OF ALL EMPLOYEES PROVIDING SERVICES TO THE FOUNDATION. A DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 190778BS8 2013-11-26 38592867 TO PARTIALLY REFUND BONDS ISSUED 11/10/2004 THAT REFUNDED, PURCHASED AND CON 0 0 0 B DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 190778CM0 2014-08-12 48213043 TO PARTIALLY REFUND BONDS ISSUED 11/10/2004 THAT REFUNDED, PURCHASED AND CON 0 0 0 C DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 190778EK2 2015-05-20 65024302 TO PARTIALLY REFUND BONDS ISSUED 11/10/2004 THAT REFUNDED, PURCHASED AND CON 0 0 0 D DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 19078RAQ0 2015-09-02 41190654 TO REFUND BONDS ISSUED 11/10/2004 THAT REFUNDED, PURCHASED AND C 1 0 0 A 16685000 1350000 38592867 3388019 748618 34623452 2013 1 1 1 1 B 6790000 2755000 48213043 4622717 933608 46668419 2014 1 0 1 1 C 9460000 805000 65024302 4990229 1073547 63669164 2015 1 1 1 1 D 16770000 21539240 41190654 651244 133609 40284936 120864 2015 1 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 1 BAYERISCHE LANDESBANK 0.018700000000 1 0 0 B 0 0 0 1 0 0 1 BAYERISCHE LANDESBANK 0.018700000000 1 0 0 C 0 0 0 1 0 0 1 BAYERISCHE LANDESBANK 0.018700000000 1 0 0 D 0 0 0 1 0 0 0 0 0 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: DEVELOPMENT AUTHORITY OF COBB COUNTY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/30/2018 ISSUER NAME: DEVELOPMENT AUTHORITY OF COBB COUNTY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/09/2019 ISSUER NAME: DEVELOPMENT AUTHORITY OF COBB COUNTY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/19/2020 ISSUER NAME: DEVELOPMENT AUTHORITY OF COBB COUNTY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/25/2020 ISSUER NAME: DEVELOPMENT AUTHORITY OF THE CITY OF MARIETTA DATE THE REBATE COMPUTATION WAS PERFORMED: 06/22/2018 SCHEDULE K, PART II, LINE 3: ANY DIFFERENCE IN THE AMOUNT OF PROCEEDS REPORTED IN PART I AND PART II PERTAINS TO INVESTMENT EARNINGS. A DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 19078NAW6 2017-02-28 46085000 TO REFUND BONDS ISSUED 11/15/2007 & 11/6/2008 THAT REFUNDED, PURCHASED AND C 0 0 0 B DEVELOPMENT AUTHORITY OF THE CITY OF MARIETTA 581871019 000000000 2013-06-18 27130000 TO REFUND BONDS ISSUED 12/05/2003 THAT PURCHASED AND CONSTRUCTED STUDENT HOU 0 0 0 C DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 19078VAT5 2017-12-28 47421969 TO PARTIALLY REFUND BONDS ISSUED 7/13/2010 THAT CONSTRUCTED SOCCER STADIUM A 0 0 0 D DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 000000000 2020-09-24 31460000 TO PARTIALLY REFUND BONDS ISSUED 7/13/2010 THAT PURCHASED AND CONSTRUCTED A 0 0 0 A 7250000 50330132 777991 49552141 2017 1 1 1 1 B 14235000 28544856 1161575 570897 2087427 24724957 2013 1 1 1 1 C 2975000 47421969 47207027 214942 2017 0 1 1 1 D 290000 17520636 17520000 636 2020 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 1 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 1 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 C 0 1 0 0 0 0 0 0 0 D 0 1 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 000000000 2020-09-24 9625000 TO RENOVATE STUDENT HOUSING FACILITY 0 0 0 B DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 000000000 2020-12-17 35360000 TO CONSTRUCT STUDENT HOUSING FACILITY. 0 0 0 C DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 000000000 2021-10-21 22095000 TO REFUND BONDS ISSUED 08/11/2021 TO CONSTRUCT STUDENT HOUSING 0 0 0 D DEVELOPMENT AUTHORITY OF COBB COUNTY 581522881 000000000 2022-04-19 32825000 REFUND BONDS ISSUED 3/7/13 FOR STUDENT REC. & ACTIVITY CENTER EXPANSION 0 0 0 A 180000 10168645 409737 184191 9574717 2020 1 0 1 1 B 38252772 495995 618157 2865339 34273281 2011 0 0 1 1 C 24696983 24210173 486810 2011 1 0 1 1 D 870000 36315728 35729772 585956 2013 1 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 C 0 1 0 0 0 0 0 0 0 D 0 1 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 X 3 125448 FMV X 4 58350 FMV X ROBOTS 1 254010 FMV X FURNITURE 1 148702 FMV X AUCTION ITEMS 93 38820 FMV 0 0 1 0 FORM 990, PART I, LINE 5 AND PART V, LINE 2A AND 2B: KENNESAW STATE UNIVERSITY FOUNDATION, INC. DOES NOT HAVE ANY W-2 EMPLOYEES. ALL EMPLOYEES ARE EMPLOYED BY REPORTING AGENT, KENNESAW STATE UNIVERSITY, EIN 58-0968786, A RELATED ORGANIZATION. THE FOUNDATION REIMBURSES THE UNIVERSITY FOR A PORTION OF THE COMPENSATION OF ALL EMPLOYEES PROVIDING SERVICES TO THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE HAS ALL DECISION MAKING AUTHORITY. THESE MEMBERS ARE LEGALLY EMPOWERED TO CONDUCT BUSINESS ON BEHALF OF THE FOUNDATION. GENERAL BOARD MEMBERS DO NOT VOTE ON ALL ISSUES. FORM 990, PART VI, SECTION A, LINE 2 RICHARD BENNETT AND MICHAEL COLES HAVE A BUSINESS RELATIONSHIP. MEL CLEMMONS AND STEPHANIE CLEMMONS HAVE A FAMILY RELATIONSHIP. JAMES CHRIS PIKE AND DEBORAH PIKE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 IN PRIOR YEARS, THE FOUNDATION HAD DELEGATED THE MANAGEMENT DUTIES OF SOME SUBSIDIARY COMPANIES TO THIRD PARTY INDEPENDENT FIRMS WITH EXPERIENCE IN EACH RELATED LINE OF DAILY OPERATING ACTIVITY. THOSE AGREEMENTS WERE TERMINATED AND SUCH OPERATIONS WERE TURNED OVER TO THE UNIVERSITY OR THE OPERATIONS WERE DISCONTINUED. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A COPY OF THE COMPLETED FORM 990 IS MADE AVAILABLE TO THE MEMBERS OF THE BOARD FOR THEIR REVIEW. A DETAILED REVIEW IS DONE BY THE CFO AND CONTROLLER OF THE ORGANIZATION BEFORE PRESENTING TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS ADOPTED A WRITTEN CONFLICT OF INTEREST POLICY WHEREBY POTENTIAL CONFLICTS OF INTEREST OR THE APPEARANCE OF SUCH CONFLICTS ARE HANDLED AS OPENLY AS POSSIBLE. EACH OFFICER, DIRECTOR OR TRUSTEE, AND KEY EMPLOYEE MUST DISCLOSE ANNUALLY ANY INTERESTS THAT MAY GIVE RISE TO CONFLICTS OF INTEREST BY SIGNING A DOCUMENT TO THIS EFFECT ADDRESSED TO THE C.E.O. ANY RELATIONSHIPS REPORTED ARE REVIEWED. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION HAS NO FULL-TIME EMPLOYEES. KEY PERSONNEL IN SUPPORT OF THE FOUNDATION ARE KENNESAW STATE UNIVERSITY EMPLOYEES AND ARE SUBJECT TO THE COMPENSATION GUIDELINES OF THE BOARD OF REGENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO ANY INTERESTED PARTY. THE ANNUAL FINANCIAL STATEMENTS, FORM 990S, AND BYLAWS ARE POSTED ON THE FOUNDATIONS' WEB PAGE FOR ANY INTERESTED PARTY. FORM 990, PART XI, LINE 9: GAIN ON BOND DEFEASANCE 749,223. KENNESAW STATE UNIVERSITY REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 RESIDENTIAL RENTAL GA 0 0 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU PLACE REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 RESIDENTIAL RENTAL GA 3580759 7935102 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU UP REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 RESIDENTIAL RENTAL GA 5906701 9693374 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU VILLAGE I REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 RESIDENTIAL RENTAL GA 8129807 26958707 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU VILLAGE II REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 RESIDENTIAL RENTAL GA 7383383 35670915 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU CHASTAIN POINTE REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 641941 6147 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU TOWNE POINT REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 0 704966 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU CENTER REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 0 0 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU HOUSES REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 72402 0 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU PARKING DECKS REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 324933 0 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU CENTRAL PARKING DECK REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 1220171 23658591 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU DINING HALL REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 1305785 15939741 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU SPORTS AND RECREATION PARK REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 3324758 60744309 KENNESAW STATE UNIVERSITY FOUNDATION INC KSUF HOUSING MANAGEMENT LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 RESIDENTIAL RENTAL GA 0 0 KENNESAW STATE UNIVERSITY FOUNDATION INC KENNESAW HOSPITALITY LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 0 1614737 KENNESAW STATE UNIVERSITY FOUNDATION INC KENNESAW STATE PROPERTIES LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 0 0 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU SPORTS AND RECREATION FACILITIES FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 0 0 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU UNIVERSITY II REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 RESIDENTIAL RENTAL GA 1336385 27005086 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU SRAC REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 1551454 38322447 KENNESAW STATE UNIVERSITY FOUNDATION INC 3305 BUSBEE REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 0 237237 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU MARIETTA HUDSON ROAD RE LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 0 695000 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU COBB PARKWAY RE LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 0 396718 KENNESAW STATE UNIVERSITY FOUNDATION INC SPSU STUDENT HOUSING I LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 RESIDENTIAL RENTAL GA 782287 13998592 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU SPECIAL EVENTS FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 OPERATIONS GA 0 0 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU 1250 MARIETTA PKY REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 26800 0 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU HOWELL HALL REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 399969 10596172 KENNESAW STATE UNIVERSITY FOUNDATION INC KSU 2020 HOUSING REAL ESTATE FOUNDATION LLC 1000 CHASTAIN RD MD 9101 KENNESAW GA 30144 237034345 COMMERCIAL RENTAL GA 1232546 38321868 KENNESAW STATE UNIVERSITY FOUNDATION INC KENNESAW STATE UNIVERSITY 1000 CHASTAIN RD KENNESAW GA 30144 580965786 STATE UNIVERSITY GA N/A 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 1 1