Nonprofit · EIN 58-1561343
SPELMAN COLLEGE SPECIAL VENTURES FUND INC
Tax-exempt · ATLANTA, GA 30314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | -$1,029,217 | $25,299,150 | -$26,328,367 | $268,856,323 | $0 | $268,856,323 |
| June 30, 2024 | 990 | $25,262,058 | $52,318,413 | -$27,056,355 | $257,295,997 | $25,000 | $257,270,997 |
| June 30, 2023 | 990 | $19,974,264 | $104,175,821 | -$84,201,557 | $243,289,135 | $25,000 | $243,264,135 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- -$1,029,217
- Net gain from sales of assets
- -$4,853,432
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $24,037,095
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $24,037,095
- Management and general (functional)
- $1,262,055
Balance sheet and other
- Total assets, start of year
- $257,295,997
- Total assets, end of year
- $268,856,323
- Total liabilities, end of year
- $0
- Net assets, end of year
- $268,856,323
- Net assets without donor restrictions
- $268,856,323
- Gross unrelated business income
- $114,049
- Gross receipts
- $80,826,125
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1982
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Helene Gayle | President (THRU 11/21/2024) Trustee or director, Officer | 35 | $0 | $1,985,537 | $42,959 |
| Rhonda Honegan | Treasurer Trustee or director, Officer | 1 | $0 | $187,973 | $5,677 |
| ROSALIND BREWER | INTERIM PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $36,876 |
| KATHY WALLER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Theodore R Aronson | Chairperson, President Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Helene Gayle | President Trustee or director, Officer | 35 | $0 | $621,225 | $47,091 |
| Rhonda Honegan | Treasurer Trustee or director, Officer | 1 | $0 | $182,666 | $7,587 |
| KAREN BRAKKE | TRUSTEE Trustee or director | 1 | $0 | $108,587 | $13,710 |
| Mary Schmidt Campbell PHD | Ex Officio Trustee (THRU 6/30/2022) Former | 0 | $0 | $37,208 | $896 |
| Pamela Joseph | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Theodore R Aronson | Chairperson, President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| FRANK BAKER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Mary Schmidt Campbell PHD | Ex Officio Trustee Former | 35 | $0 | $634,338 | $32,412 |
| Helene Gayle | President (As of 7/1/2022) Trustee or director, Officer | 35 | $0 | $306,041 | $24,405 |
| Rhonda Honegan | Treasurer Trustee or director, Officer | 1 | $0 | $198,114 | $24,590 |
| Pamela Joseph | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Theodore R Aronson | Chairperson, President Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 350 SPELMAN LN SW, ATLANTA, GA 30314-4395
- In care of
- % DAWN ALSTON
- Principal officer (990 for 2024)
- RHONDA L HONEGAN, 350 SPELMAN LANE SW, ATLANTA, GA 30314
- Signed the 990
- RHONDA L HONEGAN, TREASURER
- Phone
- (404) 681-3643
- Return prepared by
- ERNST & YOUNG US LLP
Mission
CHARITABLE AND EDUCATIONAL CORPORATION FOR THE BENEFIT OF SPELMAN COLLEGE.
Program accomplishments
- SPELMAN COLLEGE SPECIAL VENTURES FUND, INC. WAS FORMED FOR THE PURPOSE OF RECEIVING, INVESTING, HOLDING, AND MANAGING FUNDS FOR THE BENEFIT OF SPELMAN COLLEGE.Expenses $24,037,095 · grants $24,037,095
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
- 58-1561343
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $268,856,323
- Income (IRS master file)
- $80,826,125
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | -$1,029,217 | $25,299,150 | $268,856,323 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $25,262,058 | $52,318,413 | $257,295,997 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $19,974,264 | $104,175,821 | $243,289,135 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $24,739,812 | $70,150,225 | $277,718,955 | 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 58-1561343).
Questions about SPELMAN COLLEGE SPECIAL VENTURES FUND INC
- What is the EIN of SPELMAN COLLEGE SPECIAL VENTURES FUND INC?
- The employer identification number (EIN) of SPELMAN COLLEGE SPECIAL VENTURES FUND INC is 58-1561343.
- Is SPELMAN COLLEGE SPECIAL VENTURES FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to SPELMAN COLLEGE SPECIAL VENTURES FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SPELMAN COLLEGE SPECIAL VENTURES FUND 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 SPELMAN COLLEGE SPECIAL VENTURES FUND 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 SPELMAN COLLEGE SPECIAL VENTURES FUND 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 SPELMAN COLLEGE SPECIAL VENTURES FUND INC?
- The 990 for the year ended June 30, 2025 names RHONDA L HONEGAN.
- Who are the officers and directors of SPELMAN COLLEGE SPECIAL VENTURES FUND INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does SPELMAN COLLEGE SPECIAL VENTURES FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of -$1,029,217, expenses of $25,299,150 and total assets of $268,856,323 at year end.
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