Georgia Veterans Service Foundation Inc

“As per GA Code 38-4-14, section 1, (2) the Georgia Veterans Service Foundation board members shall be appointed by the Commissioner of Veterans Service, subject to approval by the Georgia Veterans Service Board.”

“Once the form is prepared by the foundation, it is reviewed by the GA State Accounting Office (for financial verification only), then shared with all board members prior to submission to the IRS.”

“In accordance with OCGA § 45-10-26, an employee who has transacted business with the State of Georgia or any agency of the State of Georgia must electronically file a State Business Transaction Report with the Georgia Government Transparency and Campaign Finance Commission prior to January 31st of each calendar year. All appointed public officials are required to disclose all business transactions with the State of Georgia and any other agency of the State of Georgia occurring during the previous calendar year. This includes transactions between the State and either the public officer or employee, or on behalf of any business in which the public official or employee or any member of their family holds a substantial interest. Failure to disclose such business transactions will subject the public officer or employee or business to a civil fine not to exceed $10,000, restitution to the state of any pecuniary benefit received as a result of such violation and in the case of appointed officials and employees, removal from office or employment. All board members are required to sign a conflict-of-interest affidavit annually.”

“Officers to include CEO, CFO and COO as well as all board members of the Georgia Veterans Service Foundation are not compensated for their work with the foundation as codified in the foundation by-laws.”

“The Georgia Veterans Service Foundation shall provide its Internal Revenue forms 990, 990-T, 1023and 5227, bylaws, conflict of interest policy, and financial statements to the general public for inspection free of charge. The Georgia Veterans Service Foundation shall make "Widely Available" the aforementioned documents on its internet website: https://gaveteransfoundation.org when the documents become available to be viewed and inspected by the general public. (a) The documents shall be posted in a format that allows an individual using the Internet to access, download, view and print them in a manner that exactly reproduces the image of the original document filed with the IRS (except information exempt from public disclosure requirements, such as contributor lists). (b) The website should clearly inform readers that the document is available and provide instructions for downloading it. (c) The Georgia Veterans Service Foundation shall not charge a fee for downloading the information. Documents shall not be posted in a format that requires special computer hardware or software (other than software readily available to the public free of charge).”

“The annual gross receipt for 2024 was $99,240, with $14905.26 in retained earnings from previous year.”

“Donors can designate what they want their donations spent on, but do not oversee the distribution or use. Remaining designated fund break-down is as follows: Education- revenue for veterans benefit books for distribution at the veteran's outreach events throughout Georgia $12,500; Homelessness $110; Housing (New Veterans War Nursing Home) $1,025; and Mental Health (Suicide Prevention) $13,080.”

“There were two organizations that donated $5,000 or more to the Georgia Veterans Service Foundations, Inc. The first was Lexicon Strategies who donated $50,000 to support the very successful 2024 "Lets Connect" Suicide Prevention Summit which is listed as #1 in our program accomplishments under Mental and Behavioral Health. $40,920 was expended. The second was from the Cherry Blossom Festival for $5,000 for general use by the foundation. The foundation board has not identified how these funds are going to be put to use.”