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US nonprofit · EIN 581940977 · Columbus, GAiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 581940977) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe tenure.Latest return IRS Form 990 series e-file data - 990 for the year to 31 July 2025: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R), grants paid (Schedule I).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue (us-approach-v4-clean). Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Foundation Properties Inc

Donations deductible
Revenue
$4.1m
year to 31 July 2025
Expenses
$2.4m
year to 31 July 2025
Total assets
$38.2m
$15.1m liabilities
Net assets
$23.1m
assets less liabilities
Directors and trustees
12
5.3y av
Staff
0
10 volunteers
Chair observed
≥7 yrs
Todd A Schuster
Left since last filing
0
no seats appear to have opened
How am I connected?

Foundation Properties Inc's network

12 people19 organisationsi12 people and 19 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (12). Violet dotted lines (24) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

12 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 10 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Todd A Schuster Chair (also filed as Todd Schuster)Chair2018
8 yrs
Bill ReavesTrustee2018
8 yrs
Brenda WilliamsTrustee2024
2 yrs
Janet DavisCompany secretary2020
6 yrs
Mat SwiftTrustee2019
7 yrs
Matt PrieloznyTrustee2024
2 yrs
Pace HalterTreasurer2023
3 yrs
Ron ThomasVice Chair2019
7 yrs
Stuart RayfieldCSU President2024
2 yrs
Wade BurfordTrustee2018
8 yrs
Will PeekTrustee2023
3 yrs
Will WhiteTrustee2023
3 yrs
Under 5 years5 to 6 years6 years or moreShow all 12 →

Pay and hours

year to 31 July 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Pace HalterTreasurer1$0
Stuart RayfieldCSU President1$0
Mat SwiftTrustee1$0
Bill ReavesTrustee1$0
Todd SchusterChair1$0
Will PeekTrustee1$0
Ron ThomasVice Chair1$0
Will WhiteTrustee1$0
Brenda WilliamsTrustee1$0
Janet DavisSecretary1$0
Wade BurfordTrustee1$0
Matt PrieloznyTrustee1$0

No pay was reported for anyone in Part VII on this return.

About

Legal name
Foundation Properties Inc
EIN
581940977
Address
4225 University Ave, Columbus, GA, 31907-5645
State
Georgia
Mission
The principle purpose of Foundation Properties, Inc. shall be to promote the cause of higher education at Columbus State University, a unit of the University System of Georgia located in Columbus, GA, specifically through the management of real property affiliated with the University, holding real property for future development by the University and holding investment property for the... (as filed on the Form 990)
Activity (NTEE)
B124 Education
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Education
Size band
8 (IRS master file code)
Formed
1988
Principal officer
John Calhoun (as named on the Form 990)
IRS ruling date
1 April 1999
Status
Code 01 (unconditional exemption)
Form 990 filings on record
8, latest 2025
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥8years on the filingsTodd A Schuster
≥8years on the filingsBill Reaves
≥8years on the filingsWade Burford
≥7years on the filingsMat Swift

Latest return

year to 31 July 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 July 2025. US dollars, as filed.
Total assets
$38.2m
Total liabilities
$15.1m
Net assets or fund balances
$23.1m
Contributions and grants received
$0
Program service revenue
$3.2m
Grants and similar paid out
$22k
Employees
0
Volunteers
10

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2023$596k$4.3mDeficit $3.7m

As filed on the IRS Form 990. US dollars.

Grants paid

1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.
RecipientPurposeAmount
Columbus State UniverityScholarships$22k