Nonprofit · EIN 58-6034031
GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC
Tax-exempt · STATESBORO, GA 30460
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $19,583,607 | $12,347,881 | $7,235,726 | $149,474,950 | $769,689 | $148,705,261 |
| June 30, 2024 | 990 | $13,870,426 | $15,114,053 | -$1,243,627 | $136,999,796 | $878,452 | $136,121,344 |
| June 30, 2023 | 990 | $11,656,866 | $9,915,744 | $1,741,122 | $127,070,383 | $702,346 | $126,368,037 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $11,575,494
- Program service revenue
- $0
- Investment income
- $7,587,914
- Royalties
- $90,854
- Net gain from sales of assets
- $4,277,045
- Net income from fundraising events
- -$67,921
- Net income from gaming
- $30,973
- Other revenue
- $420,199
Expenses
- Grants and similar amounts paid
- $7,221,878
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $60,000
- Accounting fees
- $37,400
- Occupancy
- $210,318
- Travel
- $529,393
- Depreciation
- $43,731
- Program services (functional)
- $9,665,703
- Management and general (functional)
- $1,716,266
- Fundraising (functional)
- $965,912
Balance sheet and other
- Total assets, start of year
- $136,999,796
- Total assets, end of year
- $149,474,950
- Total liabilities, end of year
- $769,689
- Net assets, end of year
- $148,705,261
- Land, buildings and equipment
- $1,383,483
- Publicly traded securities
- $49,678,426
- Net assets without donor restrictions
- $9,252,481
- Net assets with donor restrictions
- $139,452,780
- Gross unrelated business income
- $57,628
- Gross receipts
- $30,674,943
- Employees
- 34
- Volunteers
- 100
- Year formed
- 1963
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Trip C Addison | President & Ex-Officio Trustee or director, Officer | 40 | $247,811 | $44,313 |
| Julie Gerbsch | Executive Director of Development Highest-paid employee | 40 | $175,253 | $16,399 |
| Craig Brown | CFO Officer | 40 | $131,528 | $24,984 |
| Dana A Potts | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Richard Timothy Evans Jr | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Stephen Milner | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Ames Barnett | Board Member Trustee or director | 1 | $0 | $0 |
| Bill Crider | Board Member Trustee or director | 1 | $0 | $0 |
| Brandon Butler | Board Member Trustee or director | 1 | $0 | $0 |
| Cedric D Henry | Board Member Trustee or director | 1 | $0 | $0 |
| Christian Flathman | Board Member Trustee or director | 1 | $0 | $0 |
| Curtis Williams | Ex-Officio Trustee or director | 1 | $0 | $0 |
| David H Brooker | Board Member Trustee or director | 1 | $0 | $0 |
| David Paddison | Board Member Trustee or director | 1 | $0 | $0 |
| David R Edwards | Board Member Trustee or director | 1 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deborah Nelson | Board Member Trustee or director | 1 | $0 |
| Dr Don Aaron Jr | Board Member Trustee or director | 1 | $0 |
| Dr John T Hodges | Board Member Trustee or director | 1 | $0 |
| Dr Kelley Chester | Board Member Trustee or director | 1 | $0 |
| Ellen Bolch | Board Member Trustee or director | 1 | $0 |
| Eric Johnson | Board Member Trustee or director | 1 | $0 |
| J Ray Hendley Sr | Board Member Trustee or director | 1 | $0 |
| James A Van Epps | Board Member Trustee or director | 1 | $0 |
| Kash Trivedi | Board Member Trustee or director | 1 | $0 |
| Kim Hartsock | Board Member Trustee or director | 1 | $0 |
| Preston Etheridge | Board Member Trustee or director | 1 | $0 |
| Ronny Just | Board Member Trustee or director | 1 | $0 |
| Sharon Ponder | Board Member Trustee or director | 1 | $0 |
| Spence Mullis | Ex-Officio Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MR TRIP C ADDISON | PRESIDENT Trustee or director, Officer | 40 | $242,898 | $41,569 |
| JULIE GERBSCH | EXECUTIVE DIRECTOR DEVELOP Highest-paid employee | 40 | $173,753 | $16,168 |
| CRAIG BROWN | CFO Officer | 40 | $130,609 | $23,542 |
| MR STEPHEN MILNER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MRS DANA A POTTS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MR RICHARD TIMOTHY EVANS JR | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DR DON AARON JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AMES BARNETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MS ELLEN BOLCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR DAVID H BROOKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR BRANDON BUTLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR HARRY CARTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR KELLEY CHESTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR BILL CRIDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR DAVID R EDWARDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR PRESTON ETHERIDGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTIAN FLATHMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MS KIM HARTSOCK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR J RAY HENDLEY SR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR CEDRIC D HENRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR JOHN T HODGES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR ERIC JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR RONNY JUST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DEBORAH NELSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR DAVID PADDISON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MS SHARON PONDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR MICHAEL R SANDERS DECEASED | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MS DENNETTE THORNTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KASH TRIVEDI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR JAMES A VAN EPPS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MR TRIP C ADDISON | PRESIDENT Trustee or director, Officer | 40 | $229,731 | $39,292 |
| JULIE GERBSCH | EXECUTIVE DIRECTOR DEVELOP Highest-paid employee | 40 | $174,253 | $15,960 |
| CRAIG BROWN | CFO Officer | 40 | $123,925 | $21,794 |
| MR MICHAEL R SANDERS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MRS DANA A POTTS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MR RICHARD TIMOTHY EVANS JR | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MR WILLIAM R HICKMAN JR | IMMEDIATE PAST CHAIR Trustee or director | 1 | $0 | $0 |
| DR DON AARON JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MS ELLEN BOLCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR DAVID H BROOKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR HARRY CARTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR KELLEY CHESTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR BILL CRIDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR DAVID R EDWARDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTIAN FLATHMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR J RAY HENDLEY SR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR CEDRIC D HENRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR JOHN T HODGES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR ERIC JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR RONNY JUST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DEBORAH NELSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KASH TRIVEDI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR DAVID PADDISON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR STEPHEN MILNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MS SHARON PONDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR JAMES A VAN EPPS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8053, STATESBORO, GA 30460-1000
- Principal officer (990 for 2024)
- Trip C Addison, PO Box 8053, Statesboro, GA 30460
- Signed the 990
- Trip C Addison, President
- Phone
- (912) 478-5519
- Return prepared by
- Mauldin & Jenkins LLC
Mission
The Georgia Southern University Foundation, Inc. was created to raise private funding to meet certain educational and institutional needs at Georgia Southern University not addressed by state allocations. The Foundation's primary mission is to "promote the cause of higher education" by assisting Georgia Southern University in fulfilling its multifaceted mission: -To support cultural opportunities, economic growth, environmental quality, scientific and technological progress, and social and personal well-being. -To graduate knowledgeable, clear-thinking, articulate students. -To expand horizons through outreach in sciences and liberal arts, preservation of distinctive cultural legacies, and attention to the integrity of south Georgia's environment.
Program accomplishments
- THE GEORGIA SOUTHERN UNIVERSITY FOUNDATION EXISTS TO ASSIST GEORGIA SOUTHERN UNIVERSITY IN FULFILLING ITS MULTIFACETED MISSION AND ITS EFFORTS TO ACHIEVE EDUCATIONAL EXCELLENCE. THE FOUNDATION PRIMARILY ACCOMPLISHES THIS MISSION BY PROVIDING LEADERSHIP IN OBTAINING THE RESOURCES NEEDED TO ATTAIN UNIVERSITY GOALS AND THROUGH RESPONSIBLE STEWARDSHIP OF FUNDS AND OTHER ASSETS ENTRUSTED TO IT. THE GEORGIA SOUTHERN UNIVERSITY FOUNDATION RAISES, INVESTS, AND DISTRIBUTES PRIVATE DOLLARS NEEDED TO FUND THE PROGRAMS, PROJECTS, SCHOLARSHIPS, EQUIPMENT, AND BUILDINGS THAT HELP GEORGIA SOUTHERN UNIVERSITY BARN AND MAINTAIN A REPUTATION FOR EXCELLENCE.Expenses $9,665,703 · grants $7,221,878
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-6034031
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1963
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $149,474,950
- Income (IRS master file)
- $30,674,943
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $19,583,607 | $12,347,881 | $149,474,950 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $13,870,426 | $15,114,053 | $136,999,796 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $11,656,866 | $9,915,744 | $127,070,383 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $31,814,729 | $8,012,885 | $116,910,714 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-6034031).
Questions about GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC
- What is the EIN of GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC is 58-6034031.
- Is GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Trip C Addison.
- Who are the officers and directors of GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 29 people; 3 received compensation from the organization, the highest $247,811 (Trip C Addison, President & Ex-Officio).
- How much revenue does GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $19,583,607, expenses of $12,347,881 and total assets of $149,474,950 at year end.
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- PRIMITIVE BAPTIST SCHOLARSHIP FOUNDATION INC EIN 26-3834679 · last filed 990 for 2024
- STATESBORO QUARTERBAK CLUB INC EIN 58-2395917 · last filed 990-EZ for 2024
- RANCO FOUNDATION INC EIN 99-2678693 · last filed 990-EZ for 2024
- ASSOCIATION OF GLOBAL SOUTH STUDIES EIN 58-1883491 · last filed 990-N for 2025