Civic Intelligence

Fayetteville State University

EIN 23-7029901 • 501(c)3 • Fayetteville, NC

Profile

A. To solicit, receive, hold, manage and disburse contributions, gifts, grants, bequests and transfers of funds or property of any nature for the benefit of fayetteville state university, its students, faculty and staff. To use the name of the university in any way which will benefit and enrich or enlarge upon its facilities and programs in accord with the direction of the donors and acceptable to the administrative officials of the university. B. To act as trustee, escrow or disbursing agent with respect to any endowment, gift, grants, contributions or bequests made for the benefit of fayetteville state university, its students, faculty and staff, under the terms of the trustor or donor and to carry on such functions as will accomplish the purpose and intent of the gift, endowment, trust or grant. C. To sponsor, encourage, conduct and render financial assistance in student aid programs, alumni events, public relations activities, faculty supplements, curriculum enrichment programs, re

1200 Murchison RoadFayetteville, NC 28301-4252

www.uncfsu.edu/IA/FSUFOUNDATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.23x

Higher debt load relative to assets than 40% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

69th percentile

2.06x

Higher debt load relative to revenue than 69% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2025

Net Margin

30th percentile

-2.1%

Higher net margin than 30% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

72nd percentile

$309,000

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

NTEE B • $25M-$50M nonprofits • Source year 2025

Asset Growth

48th percentile

3.6%

Faster asset growth than 48% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

7th percentile

-31%

Faster revenue growth than 7% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Down

$26,124,299

Down $455,909 (-1.7%) from 2023

Liabilities

Down

$6,951,913

Down $2,619,470 (-27%) from 2023

Net Assets

Up

$19,172,386

Up $2,163,561 (+13%) from 2023

Revenue

Down

$4,448,064

Down $1,020,883 (-19%) from 2023

Expenses

Down

$3,801,568

Down $1,369,977 (-26%) from 2023

Net Income

Up

$646,496

Up $349,094 (+117%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $15,725,747Liabilities 2011: $13,299,357Net Assets 2011: $2,426,3902011Assets 2012: $16,028,587Liabilities 2012: $13,026,136Net Assets 2012: $3,002,4512012Assets 2014: $18,454,506Liabilities 2014: $12,455,525Net Assets 2014: $5,998,9812014Assets 2015: $21,155,626Liabilities 2015: $14,274,452Net Assets 2015: $6,881,1742015Assets 2016: $19,229,580Liabilities 2016: $12,245,305Net Assets 2016: $6,984,2752016Assets 2017: $20,238,477Liabilities 2017: $10,434,783Net Assets 2017: $9,803,6942017Assets 2018: $21,017,572Liabilities 2018: $10,227,346Net Assets 2018: $10,790,2262018Assets 2019: $21,229,073Liabilities 2019: $9,839,360Net Assets 2019: $11,389,7132019Assets 2020: $20,816,224Liabilities 2020: $9,195,871Net Assets 2020: $11,620,3532020Assets 2021: $23,831,908Liabilities 2021: $8,842,124Net Assets 2021: $14,989,7842021Assets 2022: $24,987,920Liabilities 2022: $8,233,531Net Assets 2022: $16,754,3892022Assets 2023: $26,580,208Liabilities 2023: $9,571,383Net Assets 2023: $17,008,8252023Assets 2024: $26,124,299Liabilities 2024: $6,951,913Net Assets 2024: $19,172,3862024

Highlighted filing

2024

Assets$26,124,299
Liabilities$6,951,913
Net Assets$19,172,386

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2011: $1,832,4112011Expenses 2012: $1,592,7042012Revenue 2014: $3,094,352Expenses 2014: $1,667,099Net Income 2014: $1,427,2532014Revenue 2015: $3,139,357Expenses 2015: $2,654,389Net Income 2015: $484,9682015Revenue 2016: $2,574,587Expenses 2016: $2,379,436Net Income 2016: $195,1512016Revenue 2017: $4,391,494Expenses 2017: $2,190,514Net Income 2017: $2,200,9802017Revenue 2018: $2,215,994Expenses 2018: $1,917,039Net Income 2018: $298,9552018Revenue 2019: $2,048,790Expenses 2019: $1,969,254Net Income 2019: $79,5362019Revenue 2020: $1,928,595Expenses 2020: $1,870,894Net Income 2020: $57,7012020Revenue 2021: $2,141,766Expenses 2021: $1,773,229Net Income 2021: $368,5372021Revenue 2022: $3,598,419Expenses 2022: $2,235,411Net Income 2022: $1,363,0082022Revenue 2023: $5,468,947Expenses 2023: $5,171,545Net Income 2023: $297,4022023Revenue 2024: $4,448,064Expenses 2024: $3,801,568Net Income 2024: $646,4962024

Highlighted filing

2024

Revenue$4,448,064
Expenses$3,801,568
Net Income$646,496

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.1$6.95$19.2$4.45$3.80$0.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.6$9.57$17.0$5.47$5.17$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.0$8.23$16.8$3.60$2.24$1.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.8$8.84$15.0$2.14$1.77$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.8$9.20$11.6$1.93$1.87$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.2$9.84$11.4$2.05$1.97$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$10.2$10.8$2.22$1.92$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$10.4$9.80$4.39$2.19$2.20
2016Detailed filing. Detailed filing data is available for this year.$19.2$12.2$6.98$2.57$2.38$0.20
2015Detailed filing. Detailed filing data is available for this year.$21.2$14.3$6.88$3.14$2.65$0.48
2014Detailed filing. Detailed filing data is available for this year.$18.5$12.5$6.00$3.09$1.67$1.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$13.0$3.00$1.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$13.3$2.43$1.83
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 15, 2022
Return Version
2020v4.0
Gross Receipts
$2,165,716
Mission and Program Overview

Mission

To raise and disburse funds for programs that will further the educational purposes of fayetteville state university.

A. To solicit, receive, hold, manage and disburse contributions, gifts, grants, bequests and transfers of funds or property of any nature for the benefit of fayetteville state university, its students, faculty and staff. To use the name of the university in any way which will benefit and enrich or enlarge upon its facilities and programs in accord with the direction of the donors and acceptable to the administrative officials of the university. B. To act as trustee, escrow or disbursing agent with respect to any endowment, gift, grants, contributions, or bequests made for the benefit of fayetteville satte university, its students, faculty and staff, under the terms of the trustor or donor and to carry on such functions as will accomplish the purpose and intent of the gift, endowment, trust or grant. C. To sponsor, encourage, conduct and render financial assistance in student aid programs, alumni events, public relations activities, faculty supplements, curriculum enrichment programs, r

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,394,324$10,593,539▲ $3,199,215
Other Notes and Loans Receivable, Net$9,117,000$8,578,000▼ $539,000
Cash and Non-Interest-Bearing Accounts$3,675,272$4,152,147▲ $476,875
Land, Buildings, and Equipment, Net$519,770$434,040▼ $85,730
Accounts Receivable$66,056$32,969▼ $33,087
Total Assets$20,816,224$23,831,908▲ $3,015,684
Other Assets Total$43,802$41,213▼ $2,589
Liabilities
Other Liabilities$9,160,802$8,619,213▼ $541,589
Accounts Payable and Accrued Expenses$35,069$222,911▲ $187,842
Total Liabilities$9,195,871$8,842,124▼ $353,747
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,305,569$11,647,533▲ $3,341,964
Net Assets Without Donor Restrictions$3,314,784$3,342,251▲ $27,467
Total Net Assets Fund Balance$11,620,353$14,989,784▲ $3,369,431
Total Liabilities and Net Assets / Fund Balance$20,816,224$23,831,908▲ $3,015,684

Asset Categories

AssetBook ValueDepreciationBasis
Land$434,040--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$7,555,095$438,288▲ $6,029$-93,814$10,876,705
2019$7,396,521$246,359▲ $781$2,882,541$7,555,095
Compensation and Service Providers

Employees

NameTitleOtherTotal
Bruce RosengrantExecutive Di$109,846$109,846

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$658,732
Program Service Revenue
$1,210,299
Investment Income
$272,735
Other Revenue
$0
All Other Contributions
$658,732
Change in Net Assets
$368,537

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,141,766
Revenue Not Reported on Form 990
$3,000,894
Total Revenue per Audited Statements
$5,142,660
Total Revenue per Form 990
$2,141,766
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,440,994
Grants and Similar Amounts Paid$332,235
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$332,235--$332,235
Interest-$250,642-$250,642
Occupancy$219,772--$219,772
Office Expenses-$179,415-$179,415
Insurance$63,763--$63,763
Fees for Services Other-$20,908-$20,908
Other Expenses$19,952--$19,952
All Other Expenses$19,285--$19,285
Total Functional Expenses$1,322,264$450,965$0$1,773,229

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,773,229
Total Expenses per Audited Statements$1,773,229
Total Expenses per Form 990$1,773,229
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fayetteville State UniversityFayetteville, NCGov-$332,235
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Debt$8,578,000
Interest Payable$41,213
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Reviewed by board of directors and responsible financial personnel.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are resolved by the board of directors.

Form 990, Page 6, Part VI, Line 15A

Not applicable; all volunteer organization.

Form 990, Page 6, Part VI, Line 15B

Not applicable; all volunteer organization.

Form 990, Page 6, Part VI, Line 19

Made available upon request.

Filing and Contact Details

Filer

Filer Name
Fayetteville State University
EIN
23-7029901
Phone
9106721111
Address
1200 MURCHISON ROAD, FAYETTEVILLE, NC 28301-4252

Signing Officer

Name
John Ben Brown Jr
Title
Chair
Phone
9106721111
Signed
2022-03-15

Organization Details

Principal Officer
John Ben Brown Jr
Formed
1969
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
13
Employees
0

Preparer

Firm
Sharpe Patel CPA
Address
325 ARLINGTON AVE STE 510, CHARLOTTE, NC 28203-4489
Preparer
Megan Rushford CPA
Phone
7044993893
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

A. To solicit, receive, hold, manage and disburse contributions, gifts, grants, bequests and transfers of funds or property of any nature for the benefit of fayetteville state university, its students, faculty and staff. To use the name of the university in any way which will benefit and enrich or enlarge upon its facilities and programs in accord with the direction of the donors and acceptable to the administrative officials of the university. B. To act as trustee, escrow or disbursing agent with respect to any endowment, gift, grants, contributions, or bequests made for the benefit of fayetteville satte university, its students, faculty and staff, under the terms of the trustor or donor and to carry on such functions as will accomplish the purpose and intent of the gift, endowment, trust or grant. C. To sponsor, encourage, conduct and render financial assistance in student aid programs, alumni events, public relations activities, faculty supplements, curriculum enrichment programs, research projects and studies as approved by the proper authorities of the university.

Form 990, Page 1, Part I, Line 6

Volunteering services to accomplish the organization's mission.

Form 990, Page 2, Part III, Line 4A

A. To solicit, receive, hold, manage and disburse contributions, gifts, grants, bequests and transfers of funds or property of any nature for the benefit of fayetteville state university, its students, faculty and staff. To use the name of the university in any way which will benefit and enrich or enlarge upon its facilities and programs in accord with the direction of the donors and acceptable to the administrative officials of the university. B. To act as trustee, escrow or disbursing agent with respect to any endowment, gift, grants, contributions or bequests made for the benefit of fayetteville state university, its students, faculty and staff, under the terms of the trustor or donor and to carry on such functions as will accomplish the purpose and intent of the gift, endowment, trust or grant. C. To sponsor, encourage, conduct and render financial assistance in student aid programs, alumni events, public relations activities, faculty supplements, curriculum enrichment programs, research projects and studies as approved by the proper authorities of the university.

Raw XML AppendixShowing 400 of 524 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0222911
IRS990/AccountsReceivableGrp/BOYAmt066056
IRS990/AccountsReceivableGrp/EOYAmt032969
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS, OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE SATTE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, R
IRS990/AllOtherContributionsAmt0658732
IRS990/AllOtherExpensesGrp/ProgramServicesAmt019285
IRS990/AllOtherExpensesGrp/TotalAmt019285
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FSU FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum09106721084
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 MURCHISON RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0FAYETTEVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028301
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03675272
IRS990/CashNonInterestBearingGrp/EOYAmt04152147
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0658732
IRS990/CYGrantsAndSimilarPaidAmt0332235
IRS990/CYInvestmentIncomeAmt0272735
IRS990/CYOtherExpensesAmt01440994
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01210299
IRS990/CYRevenuesLessExpensesAmt0368537
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01773229
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02141766
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, RESEARCH PROJECTS AND STUDIES AS APPROVED BY THE PROPER AUTHORITIES OF THE UNIVERSITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt08305569
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt011647533
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01322264
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt020908
IRS990/FeesForServicesOtherGrp/TotalAmt020908
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN BEN BROWN JR
IRS990/Form990PartVIISectionAGrp/PersonNm1JERMAINE COBLE
IRS990/Form990PartVIISectionAGrp/PersonNm2VEDAS NEAL
IRS990/Form990PartVIISectionAGrp/PersonNm3BRUCE ROSENGRANT
IRS990/Form990PartVIISectionAGrp/PersonNm4JARED JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm5OLIVIA CHAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm6JERMAINE PITTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRISTOPHER DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm8GINA ROULHAC
IRS990/Form990PartVIISectionAGrp/PersonNm9THEODORE DEBOSE
IRS990/Form990PartVIISectionAGrp/PersonNm10CATHY WADDELL
IRS990/Form990PartVIISectionAGrp/PersonNm11JOHN GODBOLT
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IRS990/Form990PartVIISectionAGrp/PersonNm13WILLIE GRAY
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS, OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE SATTE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, RESEARCH PROJECTS AND STUDIES AS APPROVED BY THE PROPER AUTHORITIES OF THE UNIVERSITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERING SERVICES TO ACCOMPLISH THE ORGANIZATION'S MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A. TO SOLICIT, RECEIVE, HOLD, MANAGE AND DISBURSE CONTRIBUTIONS, GIFTS, GRANTS, BEQUESTS AND TRANSFERS OF FUNDS OR PROPERTY OF ANY NATURE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF. TO USE THE NAME OF THE UNIVERSITY IN ANY WAY WHICH WILL BENEFIT AND ENRICH OR ENLARGE UPON ITS FACILITIES AND PROGRAMS IN ACCORD WITH THE DIRECTION OF THE DONORS AND ACCEPTABLE TO THE ADMINISTRATIVE OFFICIALS OF THE UNIVERSITY. B. TO ACT AS TRUSTEE, ESCROW OR DISBURSING AGENT WITH RESPECT TO ANY ENDOWMENT, GIFT, GRANTS, CONTRIBUTIONS OR BEQUESTS MADE FOR THE BENEFIT OF FAYETTEVILLE STATE UNIVERSITY, ITS STUDENTS, FACULTY AND STAFF, UNDER THE TERMS OF THE TRUSTOR OR DONOR AND TO CARRY ON SUCH FUNCTIONS AS WILL ACCOMPLISH THE PURPOSE AND INTENT OF THE GIFT, ENDOWMENT, TRUST OR GRANT. C. TO SPONSOR, ENCOURAGE, CONDUCT AND RENDER FINANCIAL ASSISTANCE IN STUDENT AID PROGRAMS, ALUMNI EVENTS, PUBLIC RELATIONS ACTIVITIES, FACULTY SUPPLEMENTS, CURRICULUM ENRICHMENT PROGRAMS, RESEARCH PROJECTS AND STUDIES AS APPROVED BY THE PROPER AUTHORITIES OF THE UNIVERSITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED BY BOARD OF DIRECTORS AND RESPONSIBLE FINANCIAL PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS OF INTEREST ARE RESOLVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NOT APPLICABLE; ALL VOLUNTEER ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NOT APPLICABLE; ALL VOLUNTEER ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A

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