2024-02-13T09:04:37-06:00 2023-09-30 263731278 DIPIAZZA LAROCCA HEETER & CO LLC P O BOX 530095 BIRMINGHAM AL 352530095 990 2022-10-01 237230697 JEFFERSON STATE COMMUNITY COLLEGE FOUNDATION INC JEFF 2058567884 PO BOX 94956 BIRMINGHAM AL 35220 COLTON WILSON FOUNDATION ACCOUNTANT 2058567878 2024-02-09 1 COLTON WILSON 999009999 1 MONTY S WAITES CPA P00438717 2058719973 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X COLTON WILSON 2601 CARSON ROAD BIRMINGHAM AL 35215 1625357 0 X N/A X 1979 AL THE ORGANIZATION PROVIDES SUPPORT AND ENHANCES THE ACTIVITIES OF JEFFERSON STATE COMMUNITY COLLEGE. THE FOUNDATION PROVIDES SUPPORT THROUGH STUDENT SCHOLARSHIPS, PROFESSIONAL DEVELOPMENT, AND COLLEGE-COMMUNITY PARTNERSHIPS. 9 9 0 50 0 0 1394263 1609918 0 0 6079 11746 0 -21315 1400342 1600349 0 82505 0 0 0 0 72000 0 0 91730 214401 163730 296906 1236612 1303443 1775746 3224160 0 138164 1775746 3085996 THE ORGANIZATION PROVIDES SUPPORT AND ENHANCES THE ACTIVITIES OF JEFFERSON STATE COMMUNITY COLLEGE. THE FOUNDATION PROVIDES SUPPORT THROUGH STUDENT SCHOLARSHIPS, PROFESSIONAL DEVELOPMENT, AND COLLEGE-COMMUNITY PARTNERSHIPS. 0 0 232512 82505 EXPENDITURES ARE FOR THE EXPLICIT PURPOSE OF ADVANCING THE EDUCATIONAL SERVICES FOR JEFFERSON STATE COMMUNITY COLLEGE. PARTICIPATION IN THESE ACTIVITIES BENEFITS A LARGE POPULATION OF SUTDENTS, FACULTY, AND STAFF. THE ORGANIZATION PROVIDES SUPPORT THROUGH STUDENT SCHOLARSHIPS, SELECTED FACULTY AND STAFF PROFESSIONAL DEVELOPMENT ACTIVITIES AND COLLEGE-COMMUNITY PARTNERSHIPS. 232512 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 X COLTON WILSON 2058567878 2601 CARSON ROAD BIRMINGHAM AL 35215 X STAN BATEMON BOARD MEMBER 1.00 X 0 0 0 FRANK BROCATO BOARD MEMBER 1.00 X 0 0 0 ANN FLORIE BOARD MEMBER 1.00 X 0 0 0 BILL HEREFORD BOARD MEMBER 1.00 X 0 0 0 JOHN O HUDSON III BOARD MEMBER 1.00 X 0 0 0 PAUL ROGERS BOARD MEMBER 1.00 X 0 0 0 BRIAN SHUPE BOARD MEMBER 1.00 X 0 0 0 LIBBA VAUGHAN BOARD MEMBER 1.00 X 0 0 0 STEPHANIE WOODS BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 817774 792144 1609918 15439 3693 11746 11746 11746 0 817774 21315 -21315 -21315 1600349 0 0 -9569 57130 57130 25375 25375 15425 15425 8346 8346 5070 5070 11790 11790 6320 6320 20266 20266 1016 1016 STUDENT SUCCESS HUB 99661 99661 SOFTWARE 36807 36807 MISCELLANEOUS 5229 5229 TRAINING AND EDUCATION 1850 1850 2621 1671 950 296906 232512 64394 0 1545532 2132492 797508 16815 208018 0 167694 208018 62520 69327 1775746 3224160 138164 0 138164 X 1071856 1999647 703890 1086349 1775746 3085996 1775746 3224160 1303443 6807 0 X X 0 1 X 0 0 X 26204 9915 291668 1394263 1609918 3331968 26204 9915 291668 1394263 1609918 3331968 3331968 5145 3358 2996 6079 11746 29324 3361292 0.99130 0.96700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 164001 164001 44017 44017 208018 X 1616725 6807 6807 1609918 -9569 -9569 1600349 297955 21315 21315 276640 20266 20266 296906 PART X, LINE 2: THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE FOUNDATION COMPLIES WITH THE REQUIREMENTS OF FASB ASC TOPIC 741, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS OF SEPTEMBER 30, 2023, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION FILES AN ANNUAL FORM 990 WITH THE IRS AND ITS TAX RETURNS FOR PREVIOUS OPEN TAX YEARS MAY BE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF LAND FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: AMORTIZATION ON PLEDGE DISCOUNT EDUCATE>EMPOWER>EMPLOY CAMPAIGN 817774 817774 21315 817774 817774 21315 21315 -21315 1 JEFFERSON STATE COMMUNITY COLLEGE 2601 CARSON ROAD BIRMINGHAM AL 35215 57130 0 SCHOLARSHIPS FOR STUDENTS. 1 SCHOLARSHIPS AND STUDENT ASSISTANCE 50 25375 PART I, LINE 2: TO ENSURE RESPONSIBLE USE OF SCHOLARSHIP FUNDS, OUR ORGANIZATION ADHERES TO JEFFERSON STATE COMMUNITY COLLEGE FOUNDATION POLICIES AND MAINTAINS DETAILED RECORDS OF ALL TRANSACTIONS AND INDIVIDUAL GRANT/SCHOLARSHIP BUDGETS. SCHOLARSHIP RECIPIENTS ARE CHOSEN BY AN IMPARTIAL COMMITTEE USING OBJECTIVE CRITERIA, AND WE CONDUCT INTERNAL AUDITS, REQUIRE SATISFACTORY ACADEMIC PROGRESS, AND REQUEST RECIPIENT REPORTS FOR FURTHER ACCOUNTABILITY. THIS COMPREHENSIVE APPROACH SAFEGUARDS PROGRAM INTEGRITY AND MAXIMIZES THE IMPACT OF OUR FINANCIAL ASSISTANCE ON DESERVING STUDENTS. FORM 990, PART VI, SECTION B, LINE 11B JEFFERSON STATE COMMUNITY COLLEGE FOUNDATION PROVIDES BOARD MEMBERS WITH A COPY OF THE 990 UPON REQUEST. THE 990 IS REVIEWED BY MANAGEMENT BEFORE BEING SIGNED AND SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY PROPOSED TRANSACTION OR ARRANGEMENT, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING SUCH TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION C, LINE 19 JEFFERSON STATE COMMUNITY COLLEGE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, TAX RETURNS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING THE PRIOR YEAR AUDITED FINANCIAL STATEMENTS WERE ON THE MODIFIED CASH BASIS OF ACCOUNTING. THE CURRENT YEAR AUDITED FINANCIAL STATEMENTS ARE NOW ON THE ACCRUAL BASIS OF ACCOUNTING.