The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that 1es1ing, and not to provide an opinion on the effectiveness of the Foundation’s internal control over financial reporting or on compliance. The report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Foundation’s internal control over financial reporting and compliance.
FVSU Conference To Teach Art of Grant Writing
ASSETS 2017 Cash & Cash Equivalents
$
Mortgage Loans
2,473,349 378
Contributions Receivable
18,202
Loans Receivable
10,000
Investments
7,795,585
Assets Limited as to Use
3,338,470
Lease Receivable
19,077,378
Investments in Real and Other Property
1,333,059
Bond Issuance Costs Total Assets
– $ 34,046,421
LIABILITIES Due to Fort Valley State University
$
Accounts Payable – Repairs
763,674 –
Accrued Interest
185,489
Notes Payable
489,402
Revenue Bond Payable Total Liabilities
19,077,378 $ 20,515,943
NET ASSETS Unrestricted
$
3,500,007
Temporarily Restricted
5,981,606
Permanently Restricted
4,048,865
Total Net Assets
$ 13,530,478
Total Liabilities and Net Assets
$ 34,046,421
Fort Valley State University hosted a conference designed to provide attendees with the needed technical skills, training and tips to successfully navigate the grant-writing process. The 12th annual Grantsmanship Institute Training Conference was held Thursday, Sept. 29, 2016 at the C.W. Pettigrew Center, from 8 a.m. to 4:30 p.m. The theme of the event was “OSP: Opportunities Seeking PIs.” Dr. Chanta Haywood, interim vice president for external affairs and executive director of the FVSU Foundation, Inc., said the conference demonstrates the university’s commitment to promoting best practices in successful grant management both on FVSU’s campus as well as within middle Georgia. “Advancing the training and skills of grants writers is not only positive for Fort Valley State, but also for the entire middle Georgia region. This conference will allow members of the general public to enhance their chances of securing financial resources for their agencies, nonprofits and even private businesses,” Haywood said. Participants were expected to learn tactics that improve submissions, maintain records and comply with funding agencies rules and regulations, to ensure continued compliance and success. Award management guidance was a key focus of the conference. Attendees had an opportunity to network with agency program officers from various federal and private foundation representatives to learn more about what they are looking for when proposals are submitted. Frances Martin, pre-awards coordinator for the Office of Sponsored Programs, said, “This year, we are adding break-out sessions for students interested in working with primary investigators on research and submissions.” 2016-2017 ANNUAL REPORT OF GIVING PAGE 9
