2024-04-05T16:26:57-05:00 2023-05-31 582475857 NICHOLS CAULEY & ASSOCIATES LLC 1825 BARRETT LAKES BLVD NW SUITE 200 KENNESAW GA 30144 990 2022-06-01 581895449 MCEACHERN ENDOWMENT FUND INC MCEA 7703626005 PO BOX 488 POWDER SPRINGS GA 30127 TERRY JOHNSON TREASURER 7703626005 2024-04-05 1 TERRY JOHNSON XXX-XX-XXXX 0 DENISE A O'CONNELL P01081790 7704220598 2024-04-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PATRICIA STILL PO BOX 488 POWDER SPRINGS GA 30127 7398629 0 X N/A X 1992 GA SUPPORT OF MCEACHERN HIGH SCHOOL 5 5 4 0 0 0 5640212 6975217 0 0 1208782 423412 0 0 6848994 7398629 2774316 2959753 0 0 419445 684977 0 0 0 355452 161263 3549213 3805993 3299781 3592636 13981287 17573923 0 0 13981287 17573923 SUPPORT OF MCEACHERN HIGH SCHOOL 0 0 3533840 2959753 SUPPORT OF MCEACHERN HIGH SCHOOL, POWDER SPRINGS GEORGIA - TO ENABLE THE SCHOOL TO PURCHASE EQUIPMENT, CONSTRUCT AND MAINTAIN BUILDINGS, MAINTAIN GROUNDS, BUY SUPPLIES AND MATERIALS FOR THE SCHOOL. 3533840 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 77 0 4 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 GA X TERRY JOHNSON 7703626005 2400 NEW MACLAND ROAD POWDER SPRINGS GA 30127 TERRY JOHNSON ENDOWMENT DIRECTOR 40.00 X 167125 0 0 JIMMY CANTRELL TRUSTEE 1.00 X 9400 0 0 TERRY PENDLEY CHAIRMAN 1.00 X X 61000 0 0 STEVE PUCKETT CO-CHAIRMAN 1.00 X X 61000 0 0 KENNETH CANTRELL SECRETARY 1.00 X 61000 0 0 PATRICIA STILL TREASURER 1.00 X 61000 0 0 REGINA MONTGOMERY HIGHSCHOOL PRINCIPAL 1.00 X 7500 0 0 428025 0 0 1 0 1 0 0 6975217 6975217 423412 423412 7398629 0 0 423412 2934253 2934253 25500 25500 428025 286777 141248 210775 210775 17874 11976 5898 28303 18963 9340 720 720 112893 112893 48 48 1541 1541 1185 1185 3972 3972 TRUST EXPENSE 40904 40904 3805993 3533840 272153 0 1041214 2023331 12940073 15550592 13981287 17573923 0 0 X 13981287 17573923 13981287 17573923 13981287 17573923 3592636 0 X 0 0 0 X X 1 MCEACHERN HIGH SCHOOL 586000214 7 1 2959753 0 1 2959753 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 WELLS FARGO INVESTMENT 15550592 F 15550592 0 MCEACHERN HIGH SCHOOL 2400 NEW MACLAND ROAD POWDER SPRINGS GA 30127 586000214 2934253 0 SUPPORT SUPPLEMENTS & SCHOLARSHIPS 13 25500 PART I, LINE 2: APPROVAL BY BOARD AND RECEIPTS FOR PURCHASES OF EQUIPMENT, CONSTRUCTION AND MAINTAINENCE OF BUILDINGS, GROUNDS, SUPPLIES AND MATERIALS FOR SCHOOL. X X X 0 0 0 0 0 0 0 0 0 TERRY JOHNSON ENDOWMENT DIRECTOR 167125 0 0 0 0 0 0 0 0 0 167125 0 0 0 PART I, LINE 3 INFORMATION WAS GATHERED INCLUDING COMPATIBILITY INFORMATION BY THE NATIONAL COUNCIL OF FOUNDATIONS. THE BOARD OF DIRECTORS USED A COMPENSATION COMMITTEE, A COMPENSATION STUDY AND REQUIRED FULL APPROVAL BY THE COMMITTEE AND THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ADOPTED A CONFLICT OF INTEREST POLICY IN SEPTEMBER IF 2019. THE BOARD MEMBERS AND EXECUTIVE DIRECTOR ARE SUBJECT TO THE POLICY. ALL MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT ARE CONFLICTING WITH THE BUSINESS OF MCEACHERN ENDOWMENT FUND, INC. THE EXECUTIVE DIRECTOR AND THE TREASURER ARE TASKED WITH REGULARLY MONITORING EACH VOTE AND TO ENFORCE THE POLICY. IF A CONFLICT OF INTEREST IS DISCLOSED, THE MEMBER(S) MUST RECUSE THEMSELVES FROM ALL DISCUSSION AND VOTING REGARDING THE SUBJECT. ADDITIONALLY, THERE IS A FINANCIAL SPENDING POLICY LIMITING THE AMOUNT THAT CAN BE SPENT WITHOUT TWO BOARD SIGNATURES. THUS, THE FINANCIAL SPENDING POLICY SERVES AS AN ADDITIONAL CONTROL TO PREVENT ANYONE FROM ACTING UNDERNEATH THE GUISE OF THE CONFLICT OF INTEREST POLICY. DISCOVERY AFTER NON-DISCLOSURE CAN RESULT IN PUNISHMENT UP TO TERMINATION FOR THE EXECUTIVE DIRECTOR AND REMOVAL FOR A BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 MCEACHERN ENDOWMENT FUND, INC. UTILIZED THE 2016 NATIONAL COUNCIL ON FOUNDATIONS: GRANTMAKERS SALARY AND BENEFITS REPORT: BOARD COMPENSATION TABLES TO SET POLICY ON COMPENSATION FOR BOARD MEMBERS AND THE EMPLOYEES OF THE ENDOWMENT FUND. THE NATIONAL COUNCIL ON FOUNDATIONS INCLUDES COMPATIBILITY INFORMAON FOR ENDOWMENTS OF SIMILAR SIZE AND FUNCTION. THE BOARD REVIEWED THE COMPARABILITY DATA AND VOTED TO SET COMPENSATION AT A RESONABLE LEVEL BELOW THE NATIONAL AVERAGE. ALL INFORMATION WAS REVIWED BY A COMPENSATION COMMITTE INCLUDING ANON-COMPENSATED MEMBER OF THE BOARD AND AN OUTSIDE FORENSIC ACCOUNTING PROFESSIONAL REVIEWED THE DATA. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC.