2025-08-14T17:00:57-04:00 2024-12-31 581484212 HOWARD MOORE & MCDUFFIE PC PO BOX 4547 MACON GA 31208 990 2024-01-01 237066010 MIDDLE GEORGIA STATE UNIVERSITY FOUNDATION INC MIDD 4784712732 100 UNIVERSITY PARKWAY MACON GA 312065144 NANCY WHITE EXECUTIVE DIRECTOR 4784712732 2025-08-14 true true JAY A SIEGELMAN P00536306 4787425317 2025-08-14 2024 2025-03-06 01:10:19Z NANCY WHITE 100 UNIVERSITY PARKWAY MACON GA 31206 7530446 false X WWW.MGA.EDU/FOUNDATION X 1969 GA MIDDLE GEORGIA STATE UNIVERSITY FOUNDATION STRIVES TO IMPROVE THE LIVES OF PEOPLE IN CENTRAL GEORGIA BY ENABLING MIDDLE GEORGIA STATE UNIVERSITY TO ACHIEVE EXTRAORDINARY RESULTS. THE FOUNDATION PROVIDES RESOURCES TO THE UNIVERSITY AND ITS STUDENTS THAT ENHANCE THE EDUCATIONAL EXPERIENCE. 32 31 0 30 0 5830588 2244722 532751 814250 157569 471770 164048 166590 6684956 3697332 734886 1216607 0 0 0 48344 662642 964529 1397528 2181136 5287428 1516196 24968835 27828053 499601 668834 24469234 27159219 X MIDDLE GEORGIA STATE UNIVERSITY FOUNDATION STRIVES TO IMPROVE THE LIVES OF PEOPLE IN CENTRAL GEORGIA BY ENABLING MIDDLE GEORGIA STATE UNIVERSITY TO ACHIEVE EXTRAORDINARY RESULTS. THE FOUNDATION PROVIDES RESOURCES TO THE UNIVERSITY AND ITS STUDENTS THAT ENHANCE THE EDUCATIONAL EXPERIENCE. false false 658455 658455 708119 MIDDLE GEORGIA STATE UNIVERSITY FOUNDATION PROVIDED 481 SCHOLARSHIPS TO STUDENTS IN THE MIDDLE GEORGIA AREA DURING THE CALENDAR YEAR 2024. 1413661 558152 106131 MIDDLE GEORGIA STATE UNIVERSITY FOUNDATION PROVIDES RESOURCES THAT HELP MIDDLE GEORGIA STATE UNIVERSITY ACHIEVE ITS GOALS AND ENHANCE THE EDUCATIONAL EXPERIENCE FOR ITS STUDENTS. THESE RESOURCES ASSIST THE UNIVERSITY BY ENHANCING ACADEMIC PROGRAMS, SUPPORTING FACULTY DEVELOPMENT ACTIVITIES AND INITIATIVES, ACQUIRING NEEDED EQUIPMENT AND RESOURCES, AND CONNECTING THE UNIVERSITY TO THE COMMUNITY. 2072116 true true false false false false false false true true true false false false true true true false false false false false false false true false false true true true false false false false false false false false true false false false false true false false false true 20 0 0 false false false false false true true false false false false false false X 32 31 true false false false false false false true true false false true true true true true true true false false GA X NANCY WHITE 4784712732 100 UNIVERSITY PARKWAY MACON GA 31206 DR CHRISTOPHER BLAKE MGA PRESIDEN 2.00 38.00 X 0 284765 82401 AMANDA FUNCHES MGA EVP OF F 2.00 38.00 X 0 178450 29750 NANCY WHITE EXECUTIVE DI 24.00 16.00 X X 0 170268 0 STEPHEN ADAMS TRUSTEE 1.00 X 0 0 0 KATHERINE ALLGOOD TRUSTEE 1.00 X 0 0 0 DONALD R AVERY VICE-CHAIR 1.00 X X 0 0 0 CHRIS BRAZELL TRUSTEE 1.00 X 0 0 0 CHARLES G BRISCOE TREASURER 1.00 X X 0 0 0 WILL CURRY TRUSTEE 1.00 X 0 0 0 JIM ELLIOT TRUSTEE 1.00 X 0 0 0 STEPHANIE FOLSOM TRUSTEE 1.00 X 0 0 0 CHARLES GARBUTT TRUSTEE 1.00 X 0 0 0 GARY GARRARD TRUSTEE 1.00 X 0 0 0 DR LISA GARRETT-BOYD TRUSTEE 1.00 X 0 0 0 MATT GIDDENS TRUSTEE 1.00 X 0 0 0 TRACY GREEN SECRETARY 1.00 X X 0 0 0 DR DAVID KALISH JR TRUSTEE 1.00 X 0 0 0 JAY STUDSTILL JR TRUSTEE 1.00 X 0 0 0 ROBERT F HATCHER JR CHAIR 1.00 X X 0 0 0 KEITH LOLLEY TRUSTEE 1.00 X 0 0 0 TRIPP MADDUX TRUSTEE 1.00 X 0 0 0 ROBERT H MCMAHON TRUSTEE 1.00 X 0 0 0 TOM MCMICHAEL TRUSTEE 1.00 X 0 0 0 DR KEITH MOFFETT TRUSTEE 1.00 X 0 0 0 CHARLES OLSON TRUSTEE 1.00 X 0 0 0 CHARLES PARKER TRUSTEE 1.00 X 0 0 0 CASEY PAULK TRUSTEE 1.00 X 0 0 0 NIKKI PAULK TRUSTEE 1.00 X 0 0 0 COLIN PENNDORF EX-OFFICIO V 1.00 X 0 0 0 PHILIP POTTER TRUSTEE 1.00 X 0 0 0 RUDELL RICHARDSON TRUSTEE 1.00 X 0 0 0 STEVE SAPP TRUSTEE 1.00 X 0 0 0 DR JIMMIE SMITH TRUSTEE 1.00 X 0 0 0 WILLIE USHER TRUSTEE 1.00 X 0 0 0 SUSAN WELSH TRUSTEE 1.00 X 0 0 0 RANSFORD WILLIAMS TRUSTEE 1.00 X 0 0 0 633483 112151 false true false 2244722 44151 2244722 ENDOWMT. EARNINGS-FUND SCHOL. 561000 708119 708119 PROGRAM RELATED INTEREST INC 561000 106131 106131 814250 4234106 3762336 471770 471770 471770 205512 70778 134734 134734 OTHER INCOME 561439 31856 31856 31856 3697332 1317876 134734 558152 558152 658455 658455 19995 19995 103967 103967 136109 115467 6015 14627 9218 9218 241407 233780 6686 941 54282 54282 45313 41488 225 3600 17317 13946 261 3110 5399 5399 FOOD AND BEVERAGE 140811 114886 5180 20745 SUPPLIES 92389 91474 915 DUES AND SUBSCRIPTIONS 45592 34783 9179 1630 AWARDS 29594 26433 435 2726 23136 15785 7301 50 2181136 2072116 60676 48344 1133595 1792926 490765 678022 3458490 2018957 1643 20249 20511 182799 182799 182799 19597572 23049952 83722 84886 24968835 27828053 198152 247765 150862 263865 150587 157204 499601 668834 X 1172141 1470726 23297093 25688493 24469234 27159219 24968835 27828053 1516196 1173789 X false true X true false X 1057090 1269783 1442382 1630586 2244722 7644563 216508 368064 442613 383615 674466 2085266 1273598 1637847 1884995 2014201 2919188 9729829 62142 9667687 117718 163706 125740 230912 237368 875444 10605273 2644246 0.91160 0.88810 X PART II, LINE 10 FUNDRAISING AND OTHER INCOME 875,444 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 150587 286700 280083 157204 true X 16601208 399803 2199720 -646916 18553815 14033358 892147 2207824 -532121 16601208 15798761 1362319 -2468907 -658815 14033358 14037736 256701 2171420 -667096 15798761 12573295 184686 1846390 -566635 14037736 0.68510 0.31490 false false 182799 182799 182799 AGENCY FUNDS 157204 157204 X 5441697 1173789 674466 1848255 3593442 103890 103890 3697332 2751712 674466 674466 2077246 103890 103890 2181136 SCHEDULE D, PAGE 2, PART IV, LINE 1B THE FOUNDATION IS THE FISCAL AGENT FOR THE FUNDS RECEIVED ON BEHALF OF MACON BUSINESS IMPROVEMENT DISTRICT, LLC (MACON BID). MACON BID HAS BEEN DESIGNATED AS A BUSINESS IMPROVEMENT DISTRICT ESTABLISHED BY AN ORDINANCE OF THE MACON-BIBB COUNTY COMMISSION TO PROVIDE A WIDE RANGE OF SERVICES. PURSUANT TO THE ORDINANCE, MACON BID IS REQUIRED TO DESIGNATE A NON-PROFIT ORGANIZATION RECOGNIZED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE TO ACT AS FISCAL AGENT TO ADMINISTER GRANT FUNDS. THE FOUNDATIONS BOARD OF TRUSTEES AGREED TO BE THE FISCAL AGENT FOR THE DURATION OF MACON BIDS EXISTENCE. THE FOUNDATIONS FINANCIAL STATEMENTS INCLUDE THESE CASH FUNDS AND AN OFFSETTING CURRENT LIABILITY ON ITS STATEMENT OF FINANCIAL POSITION IN THE AMOUNT OF 157,204. THE FOUNDATION HAS NO DISCRETION OVER THE USE OF THESE FUNDS AND MUST DISBURSE THEM AT THE DIRECTION OF MANAGEMENT OF MACON BID. SCHEDULE D, PAGE 2, PART IV, LINE 2B THE FOUNDATION HAS AGREED TO BE THE FISCAL AGENT FOR FUNDS RECEIVED ON BEHALF OF MACON BUSINESS IMPROVEMENT DISTRICT, LLC (MACON BID). MACON BID HAS BEEN DESIGNATED AS A BUSINESS IMPROVEMENT DISTRICT ESTABLISHED BY AN ORDINANCE OF THE MACON-BIBB COUNTY COMMISSION TO PROVIDE A WIDE RANGE OF SERVICES. PURSUANT TO THE ORDINANCE, MACON BID IS REQUIRED TO DESIGNATE A NON-PROFIT ORGANIZATION RECOGNIZED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE TO ACT AS FISCAL AGENT TO ADMINISTER GRANT FUNDS. THE FOUNDATIONS BOARD OF TRUSTEES AGREED TO BE THE FISCAL AGENT FOR THE DURATION OF MACON BIDS EXISTENCE. THE FOUNDATIONS FINANCIAL STATEMENTS INCLUDE THESE CASH FUNDS AND AN OFFSETTING CURRENT LIABILITY ON ITS STATEMENT OF FINANCIAL POSITION IN THE AMOUNT OF 157,204. THE FOUNDATION HAS NO DISCRETION OVER THE USE OF THESE FUNDS AND MUST DISBURSE THEM AT THE DIRECTION OF MANAGEMENT OF MACON BID. SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE USED TO GENERATE INVESTMENT EARNINGS TO PROVIDE SCHOLARSHIP FUNDING TO STUDENTS OF MIDDLE GEORGIA STATE UNIVERSITY THAT MEET QUALIFICATIONS DESIGNATED BY ENDOWMENT FUND DONORS. SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE WERE NO UNRELATED BUSINESS ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2024. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. GALA AUCTION 138528 138528 40874 GOLF TOURNAMENT 66984 66984 29904 1 205512 205512 70778 70778 134734 true MIDDLE GEORGIA STATE UNIVERSITY 100 UNIVERSITY PARKWAY MACON GA 31206 581028275 GOV 558152 UNIVERSITY SUPPORT 1 SCHOLARSHIPS 481 601332 STUDENT SUPPORT 90 57123 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION ISSUES REQUEST FOR PROPOSALS FOR GRANT FUNDING TO ALL FACULTY AND STAFF OF MIDDLE GEORGIA STATE UNIVERSITY. GRANTS ARE REVIEWED BY THE PRESIDENT, VICE PRESIDENT FOR ACADEMIC AFFAIRS, VICE PRESIDENT FOR FISCAL AFFAIRS, AND THE EXECUTIVE DIRECTOR OF THE FOUNDATION WHO MAKE RECOMMENDATIONS FOR FUNDING TO THE FOUNDATION TRUSTEES THROUGH ITS BUDGETING PROCESS. EXPENSES WITHIN THE SCOPE OF THE GRANT ARE PAID BY THE FOUNDATION. ALL RECIPIENTS SUBMIT A FINAL REPORT THAT INCLUDES INCOME, EXPENSES AND OUTCOMES OF THE FUNDED PROJECT. X X true true false false false false false false false false false DR CHRISTOPHER BLAKE MGA PRESIDENT 284765 61000 21401 367166 AMANDA FUNCHES MGA EVP OF FINANCE 178450 29750 208200 NANCY WHITE EXECUTIVE DIRECTOR 170268 170268 X SUPPLIES 13 13538 MARKET RATE X EQUIPMENT 1 10000 MARKET RATE X AUCTION ITEMS 53 20613 MARKET RATE false true false FORM 990 - ORGANIZATION'S MISSION MIDDLE GEORGIA STATE UNIVERSITY FOUNDATION STRIVES TO IMPROVE THE LIVES OF PEOPLE IN CENTRAL GEORGIA BY ENABLING MIDDLE GEORGIA STATE UNIVERSITY TO ACHIEVE EXTRAORDINARY RESULTS. THE FOUNDATION PROVIDES RESOURCES TO THE UNIVERSITY AND ITS STUDENTS THAT ENHANCE THE EDUCATIONAL EXPERIENCE. FORM 990, PAGE 6, PART VI, LINE 2 CASEY PAULK NIKKI PAULK TRUSTEE TRUSTEE FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND ACCOUNTING DEPARTMENT FOR ERRORS AND OMISSIONS PRIOR TO ITS FILING. FORM 990, PAGE 6, PART VI, LINE 12C IN ADDITION TO ANNUAL DISCLOSURE BY EACH DIRECTOR, PRINCIPAL OFFICER AND BOARD MEMBER THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND HAVE READ, UNDERSTAND AND AGREE TO ADHERE TO THE POLICY, THE FOUNDATION CONDUCTS PERIODIC REVIEWS TO ENSURE COMPENSATION AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE FOUNDATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT AND IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION OF EXECUTIVE DIRECTOR AND MGSU PRESIDENT IS REVIEWED ANNUALLY FOR APPROVAL PER UNIVERSITY SYSTEM OF GEORGIA GUIDELINES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. MIDDLE GEORGIA STATE UNIVERSITY 100 UNIVERSITY PARKWAY MACON GA 31206 581028275 COLLEGE GA GOV 6 NA false false true false false false false false false false false false true false true true true false false false MIDDLE GEORGIA STATE UNIVERSITY B 567370 REIMBURSEMENT REQUESTS MIDDLE GEORGIA STATE UNIVERSITY L 48344 EXPENDITURES INCURRED MIDDLE GEORGIA STATE UNIVERSITY O 674466 PAYROLL RECORDS MIDDLE GEORGIA STATE UNIVERSITY P 62247 PAYROLL RECORDS MIDDLE GEORGIA STATE UNIVERSITY N UNABLE TO DETERMINE