2024-07-15T12:12:24+00:00 2023-08-31 350921680 CROWE LLP 5810 TENNYSON PARKWAY Suite 450 Plano TX 750244112 990 2022-09-01 760336902 North Harris Montgomery Community College District NORT 8328136636 5000 RESEARCH FOREST DRIVE THE WOODLANDS TX 77381 NICOLE ROBINSON EXECUTIVE DIRECTOR 8328136636 2024-07-15 true NICOLE ROBINSON 999009999 Andrew Gray P01517705 2147775200 2022 2023-04-26 12:10:37Z Lone Star College Foundation NICOLE ROBINSON 5000 RESEARCH FOREST DRIVE THE WOODLANDS TX 77381 13226124 false X LONESTAR.EDU/GIVING X 1991 TX THE LONE STAR COLLEGE FOUNDATION'S MISSION IS TO CHANGE LIVES THROUGH STUDENT SCHOLARSHIPS. 23 23 0 150 0 0 2640098 4584022 0 968560 2683180 -49332 -61953 3559326 7205249 2690421 3682050 0 0 0 86191 258030 332673 2948451 4014723 610875 3190526 35371746 39453353 233949 503584 35137797 38949769 THE LONE STAR COLLEGE FOUNDATION MISSION IS TO CHANGE LIVES THROUGH STUDENT SCHOLARSHIPS AND QUALITY EDUCATIONAL PROGRAMS ACHIEVED BY EXCELLENCE IN RELATIONSHIP BUILDING, FUNDRAISING, AND INVESTMENT MANAGEMENT. false false 2689295 2689295 SCHOLARSHIPS ARE AWARDED TO DESERVING STUDENTS AT OUR EIGHT COLLEGES UPON RECOMMENDATION OF THE DIRECTOR OF FINANCIAL AID AT THE RESPECTIVE COLLEGES. 1002845 992755 PROGRAM ENRICHMENT PROVIDES FINANCIAL SUPPORT TO ENHANCE THE QUALITY OF THE COLLEGE'S EDUCATIONAL PROGRAMS, WHICH INCLUDES PROFESSIONAL DEVELOPMENT, RESOURCES, EQUIPMENT AND SUPPLIES, CURRICULUM UPDATES AND SPEAKER HONORARIUMS. 62919 INSTITUTIONAL DEVELOPMENT SUPPORTS ACTIVITIES OF THE COLLEGE THAT ARE INTENDED TO PROMOTE THE COLLEGE'S BEST INTEREST, PARTICULARLY IN THE AREAS OF FUNDING AND MAINTAINING EFFECTIVE BUSINESS AND COMMUNITY RELATIONS. 3755059 true true false false false false false false true false true false false false true true false false false false false false false true false false true true false false false false false false false false false true false false false false true false false false true 0 0 0 false false false false false true true false false false false false false false X 23 23 false false false false false false false true true false false true true true true true true false false false X X NICOLE ROBINSON 8328136636 5000 RESEARCH FOREST DRIVE THE WOODLANDS TX 773814356 BRYAN KENSKI TREASURER 1.0 X X 0 0 0 CHRIS MICHEL MBA SECRETARY 1.0 X X 0 0 0 GENNIFER KELLY MBA CHAIR 1.0 X X 0 0 0 JAMES HARRISON VICE CHAIR 1.0 X X 0 0 0 MICHELLE WOGAN PAST CHAIR 1.0 X X 0 0 0 ALTON SMITH EdD DIRECTOR 1.0 X 0 0 0 ANHLAN NGUYEN DBA DIRECTOR 1.0 X 0 0 0 BOB MCCALLISTER PhD DIRECTOR 1.0 X 0 0 0 BRET STRONG JD DIRECTOR 1.0 X 0 0 0 FAISAL AMIN DIRECTOR 1.0 X 0 0 0 JESSE RIOS JD DIRECTOR 1.0 X 0 0 0 KEITH BARBER DIRECTOR 1.0 X 0 0 0 LARRY CHATMAN DIRECTOR 1.0 X 0 0 0 MICHAEL STOMA EX-OFFICIO 1.0 X 0 0 0 MIRANDA HADAMIK DIRECTOR 1.0 X 0 0 0 NANCY SHORTSLEEVE DIRECTOR 1.0 X 0 0 0 PAMELA HERNANDEZ PhD DIRECTOR 1.0 X 0 0 0 PAULA MENDOZA DIRECTOR 1.0 X 0 0 0 RICHARD CANTU MPA DIRECTOR 1.0 X 0 0 0 SCOTT BRADY DIRECTOR 1.0 X 0 0 0 SETH SHARR EX-OFFICIO 1.0 X 0 0 0 STEPHEN HEAD PhD EX-OFFICIO 1.0 X 0 0 0 STUART BARRETT DIRECTOR 1.0 X 0 0 0 NICOLE ROBINSON EXECUTIVE DIRECTOR 40.0 X 0 133671 0 0 133671 0 0 false false false Goldman Sachs 200 West Street New york NY 10282 Investment Fees 108636 1 443645 4140377 236079 4584022 0 0 0 0 0 885051 885051 0 0 7578531 5780402 1798129 0 1798129 1798129 178520 443645 240473 -61953 -61953 0 0 0 0 0 7205249 0 0 2621227 992755 992755 2689295 2689295 104991 104991 29865 0 29858 7 PROGRAM ENRICHMENT 132587 10090 38624 83873 INSTITUTIONAL DEVELOPMENT 62919 62919 DONOR CULTIVATION 2311 2311 0 0 0 0 4014723 3755059 173473 86191 337457 422832 0 0 8000 2000 22401 17600 0 0 0 0 11121 32414 0 0 0 0 30550110 34595965 4442657 4382542 0 0 0 35371746 39453353 220249 465384 13700 38200 0 0 0 0 233949 503584 X 4426837 3865481 30710960 35084288 35137797 38949769 35371746 39453353 X 3190526 622449 -1003 X false true X true false X X 1 LONE STAR COLLEGE SYSTEM 741734884 2 true 3755059 0 1 3755059 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29574751 752991 3421766 1174497 32575011 33344024 953345 -3591996 1130622 29574751 27305680 1820191 5231020 1012867 33344024 24259454 1296722 2727126 977622 27305680 23152791 1249849 843672 986858 24259454 0.07 0.59 0.34 false false Other Assets 4382542 F 4382542 0 X 8690972 622449 727792 0 1350241 7340731 104991 -240473 -135482 7205249 4879000 727792 240473 968265 3910735 104991 -1003 103988 4014723 Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT FUNDS ARE USED TO GENERATE FUNDS FOR STUDENT SCHOLARSHIPS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is a nonprofit organization that is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Foundation accounts for uncertain tax positions when it is more-likely-than-not that such an asset or a liability will be realized. As of the fiscal years ended August 31, 2023 and 2022, management believes there were no uncertain tax positions. The Foundation's federal tax return remains open to examination for a period of three years following its filing with the taxing authority. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Direct Fundraising Expenses, Form 990, Part VIII, ln 8b - -240473 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Direct Fundraising Expenses, Form 990, Part VIII, Ln 8b - 240473 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Audit Adjustment - -1003 Gala 470155 345155 125000 164274 Golf 152010 98490 53520 76199 0 0 622165 443645 178520 240473 240473 -61953 true LONE STAR COLLEGE SYSTEM 5000 RESEARCH FOREST DR THE WOODLANDS TX 77381 741734884 170(B)(1)(A)(II) 992755 PROGRAM ENRICHMENT 1 0 SCHOLARSHIPS AND MINI GRANTS 2503 2689295 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. WE REVIEW ALL GUIDELINES TO MAKE SURE WE ARE COMPLYING. FOR CERTAIN GRANTS, WE ASK FOR ASSISTANCE FROM LONE STAR COLLEGE SYSTEM GRANTS/COMPLIANCE DEPARTMENT. X 3840 Market value X 1 24232 Market value X EDUCATIONAL SUPPLIES 5 21987 Market value X Construction Materials 3 57964 Market value X Computer 1 2900 Market value X Radiology Equipment 2 90000 Market value X Tree 1 85 Market value X Food and Beverages 3 34971 Market value X Gift card 1 100 Market value 0 false false false Schedule M, Part I The total number of contributions or items contributed reported on Schedule M Part I Lines 25, 26, 27, and 28 column b reflect total number of items contributed. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee does not have the authority to act on behalf of the Board unless such actions are previously authorized by resolution or subsequently ratified by the Board. The Executive Committee can also consider proposed actions and make recommendations to the Board. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 IS PREPARED BY AN OUTSIDE ACCCOUNTING FIRM AND REVIEWED BY THE DESIGNEE. THE RETURN IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING AT A BOARD MEETING IN THE NORMAL COURSE OF BUSINESS. Form 990, Part VI, Line 12c Conflict of interest policy THERE IS AN ANNUAL CONFLICTS OF INTEREST DISCLOSURE FORM THAT IS REQUIRED TO BE COMPLETED BY ALL DIRECTORS AND OFFICERS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S 990 AND FORM 1023 ARE AVAILABLE VIA THE ORGANIZATION'S OWN WEBSITE AS WELL AS THROUGH THE WRITTEN REQUEST TO THE ORGANIZATION. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Audit Adjustment - -1003; LONE STAR COLLEGE SYSTEM 5000 RESEARCH FOREST DRIVE THE WOODLANDS TX 77381 EDUCATION TX 501(c)(3) 6 NA false false true true false false false false false false false false false false true true false false false false