2024-05-07T14:00:34-05:00 2023-06-30 366055558 GRANT THORNTON LLP 75 STATE ST 13TH FLOOR BOSTON MA 02109 990 2022-07-01 980611322 THE AMERICAN COLLEGE OF GREECE RESEARCH CENTER AMER 8572847908 101 ARCH ST 8TH FLOOR BOSTON MA 02110 DAVID G HORNER PRESIDENT (REPRESENTING ACG) 8572847908 2024-05-07 1 DAVID HORNER XXX-XX-XXXX 0 ERIN COUTURE P01390592 6177237900 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X DR DAVID G HORNER 101 ARCH ST 8TH FLOOR BOSTON MA 02110 69164 0 X X 2008 GR THE AMERICAN COLLEGE OF GREECE RESEARCH CENTER ("ACGRC") (CONTINUED ON SCHEDULE O)IS AN INDEPENDENT, NOT FOR PROFIT ENTITY WHOSE PURPOSE IS TO PERFORM SCIENTIFIC RESEARCH, EXPLORE INNOVATION OPPORTUNITIES IN THE AREAS OF THE NATURAL, SOCIAL, ECONOMIC AND HUMAN SCIENCES AS WELL AS ARTS AND TECHNOLOGY, AND APPLY THE RESEARCH RESULTS IN THESE FIELDS THROUGH THE USE OF SCIENTIFIC PUBLICATIONS AND UTILIZATION OF THE RESULTS. ACGRC ALSO PROVIDES EDUCATION AND TRAINING TO STUDENTS IN THESE FIELDS BY CONDUCTING COURSES, SCIENTIFIC EVENTS AND SEMINARS. 3 3 0 0 0 0 0 0 0 69117 0 47 0 0 0 69164 0 0 0 0 0 48478 0 0 0 0 32887 0 81365 0 -12201 172586 666696 1891253 199074 -1718667 467622 X THE AMERICAN COLLEGE OF GREECE RESEARCH CENTER ("ACGRC") IS AN INDEPENDENT, NOT FOR PROFIT ENTITY WHOSE PURPOSE IS TO PERFORM SCIENTIFIC RESEARCH, EXPLORE INNOVATION OPPORTUNITIES IN THE AREAS OF THE NATURAL, SOCIAL, ECONOMIC (CONTINUED ON SCHEDULE O)AND HUMAN SCIENCES AS WELL AS ARTS AND TECHNOLOGY, AND APPLY THE RESEARCH RESULTS IN THESE FIELDS THROUGH THE USE OF SCIENTIFIC PUBLICATIONS AND UTILIZATION OF THE RESULTS. ACGRC ALSO PROVIDES EDUCATION AND TRAINING TO STUDENTS IN THESE FIELDS BY CONDUCTING COURSES, SCIENTIFIC EVENTS AND SEMINARS. 0 0 56985 0 69117 TO PERFORM SCIENTIFIC RESEARCH, EXPLORE INNOVATION OPPORTUNITIES IN THE AREAS OF THE NATURAL, SOCIAL, ECONOMIC AND HUMAN SCIENCES AS WELL AS ARTS AND TECHNOLOGY, AND APPLY THE RESEARCH RESULTS IN THESE FIELDS THROUGH THE USE OF SCIENTIFIC PUBLICATIONS AND UTILIZATION OF THE RESULTS. 56985 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 GR 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X X KELLY MORRA 8572847908 101 ARCH ST 8TH FLOOR BOSTON MA 02110 DR DAVID G HORNER PRESIDENT (REPRESENTING ACG) 1.00 50.00 X X 0 554110 120088 NIKOS KOUMETTIS MEMBER 1.00 4.00 X 0 0 0 LENA TRIANTOGIANNIS MEMBER 1.00 4.00 X 0 0 0 0 554110 120088 0 0 1 0 0 INCOME FROM RESEARCH GRANTS 611710 69117 69117 69117 47 47 69164 69117 0 47 X 38829 20730 18099 1791 1421 370 7858 4032 3826 176 176 28453 28348 105 126 126 891 891 1248 1248 MISCELLANEOUS EXPENSES 1993 189 1804 81365 56985 24380 0 166330 645068 6256 21269 359 172586 666696 6045 1948 190903 1885208 6223 1891253 199074 X -1718667 467622 -1718667 467622 172586 666696 X -12201 2198490 X 0 1 X 1 0 X 0 EMPLOYEE RETIREMENT & SEVERANCE 5248 OTHER LIABILITIES 975 6223 X PART X, LINE 2: ASC 740 FOOTNOTE THE AMERICAN COLLEGE OF GREECE RESEARCH CENTER IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF THE AMERICAN COLLEGE OF GREECE. THE AMERICAN COLLEGE OF GREECE AND THE AMERICAN UNIVERSITY OF GREECE FOUNDATION ARE COLORADO NOT-FOR-PROFIT CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE "CODE"), AND ARE GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE AMERICAN UNIVERSITY OF GREECE, INC. IS A MASSACHUSETTS NOT-FOR-PROFIT CORPORATION AND HAS RECENTLY RECEIVED SECTION 501(C)(3) EXEMPTION FROM THE IRS WITH AN EFFECTIVE DATE OF NOVEMBER 15, 2022. THE AMERICAN COLLEGE OF GREECE RESEARCH CENTER IS A GREEK NOT-FOR-PROFIT ASSOCIATION AND DESCRIBED IN SECTION 501(C)(3) OF THE CODE, AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE FORMALLY ADOPTED RACIALLY NONDISCRIMINATORY POLICY IS PROVIDED TO STUDENTS AND THE GENERAL PUBLIC IN THE COLLEGE'S MAILINGS, BROCHURES, AND OTHER PUBLICATIONS, AS WELL AS BEING PROVIDED TO EMPLOYEES. A SUMMARY OF THE POLICY IS ALSO AVAILABLE ON THE COLLEGE'S WEBSITE. EUROPE (INCLUDING ICELAND & GREENLAND) 1 14 EXPENSES OPERATING EXPENDITURES 81365 1 14 0 0 1 14 81365 0 81365 0 0 0 0 0 0 PART I, LINE 3: THE ACCOUNTING METHOD FOR THE AMOUNT REPORTED ON PART I, LINE 3, COLUMN F IS REPORTED PER THE ORGANIZATION'S GENERAL LEDGER REPORTING. PART III ACCOUNTING METHOD: 0 0 0 0 0 0 0 0 0 DR DAVID G HORNER PRESIDENT (REPRESENTING ACG) 0 463579 0 50000 0 40531 0 104381 0 15707 0 674198 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY THE COLLEGE'S INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. INITIAL REVIEW OF THE COMPLETED FORM IS PERFORMED BY THE CFO AND AUDIT COMMITTEE OF ACG, A RELATED ORGANIZATION. AFTER COMPLETE REVIEW BY THE AUDIT COMMITTEE AND PRIOR TO FILING THE FORM, A COPY OF THE FORM AS IT IS ULTIMATELY FILED IS PROVIDED TO ALL BOARD MEMBERS OF ACG AND THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY PERSONS COVERED UNDER THE POLICY: POLICY APPLIES TO THE BOARD OF TRUSTEES, THE PRESIDENT, CFO, CHIEF ACADEMIC OFFICER, AND ALL MEMBERS OF THE PRESIDENT'S CABINET, INCLUDING THE EMPLOYEES LISTED ON THE FORM 990. PRACTICES FOR MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICT OF INTEREST: EACH INDIVIDUAL COVERED UNDER THIS POLICY SIGNS AN ANNUAL STATEMENT THAT THEY ADHERE TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND THAT THEY DISCLOSE ANY POTENTIAL CONFLICTS. LEVEL AT WHICH CONFLICTS ARE REVIEWED: THE ANNUAL STATEMENTS ARE REVIEWED BY THE ORGANIZATION'S CFO AND DISCUSSED WITH THE AUDIT COMMITTEE WHEN A CONFLICT ARISES. THE PRESIDENT'S OFFICE MONITORS ALL CONTRACTS AND ACTIONS OF ALL EMPLOYEES ON A REGULAR BASIS. LEVEL AT WHICH DETERMINATION AS TO WHETHER A CONFLICT EXISTS ARE MADE: THE AUDIT COMMITTEE MAKES THE FINAL DETERMINATION OF WHETHER A CONFLICT EXISTS. RESTRICTIONS IMPOSED ON PERSONS WITH A CONFLICT: INTERESTED PERSONS ARE RECUSED FROM DISCUSSIONS AND VOTING ON ANY TOPIC THAT MAY CONSTITUTE A CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO PUBLIC THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE AMERICAN UNIVERSITY OF GREECE FOUNDATION OFFICE. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 28,348. MANAGEMENT AND GENERAL EXPENSES 105. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,453. FORM 990, PART XI, LINE 9: ADJUST FOR TIMING DIFF. RELATED TO ACCOUNTING FOR GRANT PAYABLE FORGIVENESS 2,198,490. THE AMERICAN UNIVERSITY OF GREECE FOUNDATION 101 ARCH ST 8TH FLOOR BOSTON MA 02110 841217703 SUPPORT CO 501(C)(3) LINE 12A, I ACG 1 THE AMERICAN COLLEGE OF GREECE 101 ARCH ST 8TH FLOOR BOSTON MA 02110 042306054 COLLEGE CO 501(C)(3) LINE 2 AUG 1 THE AMERICAN COLLEGE OF GREECE - GREECE 6 GRAVIAS ST 153 42 ATHENS AGHIA PARASKEVI GR COLLEGE GR DORMANT NFP ACG 1 AMERICAN UNIVERSITY OF GREECE INC 101 ARCH ST 8TH FLOOR BOSTON MA 02110 884357757 SUPPORT MA 501(C)(3) LINE 12B, II N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1