TRIDENT TECHNICAL COLLEGE FOUNDATION INCORPORATED: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
TRIDENT TECHNICAL COLLEGE FOUNDATION INCORPORATED (EIN 57-0699317)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-11-25
IRS object ID
202413309349301406
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-25T16:14:55-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN570381582PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ELLIOTT DAVIS LLCPLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 EAST MOREHEAD STREET SUITE 700AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28202ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN570699317EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRIDENT TECHNICAL COLLEGE FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTRIDBusinessNameControlTxt
Phone8435746195PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 61227AddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP294191227ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLISA PICCOLOPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone8435746195PhoneNum
Signature2024-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJANICE A RATICAPreparerPersonNm
PTINP00358837PTIN
Phone7043338881PhoneNum
Preparation2024-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLISA PICCOLOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 61227AddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP294191227ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,322,796GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TRIDENTTECH.EDU/SUPPORTING_TTC.HTMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1975FormationYr
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionTHE TRIDENT TECHNICAL COLLEGE FOUNDATION RAISES FUNDS FOR THE COLLEGE TO SUPPORT THE REGION'S ECONOMY BY FOSTERING LOCAL BUSINESS RELATIONSHIPS AND CREATING AWARENESS OF TTC'S MISSION. ADDITIONALLY, THE FOUNDATION PROVIDES SCHOLARSHIPS TO STUDENTS, CLASSROOM EQUIPMENT AND MATERIALS TO FACULTY/STAFF AND ENCOURAGES AND PROMOTES PROFESSIONAL DEVELOPMENT TO FACULTY/STAFF THROUGH TUITION AND CREDIT COURSE ASSISTANCE. THE FOUNDATION OPERATES INDEPENDENTLY OF THE COLLEGE AS A 501 (C)(3) NON-PROFIT CORPORATION.ActivityOrMissionDesc
Voting Members Governing Body56VotingMembersGoverningBodyCnt
Voting Members Independent56VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers584TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,779,265PYContributionsGrantsAmt
CY Contributions Grants$2,989,852CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$934,265PYInvestmentIncomeAmt
CY Investment Income$192,169CYInvestmentIncomeAmt
PY Other Revenue-$16,057PYOtherRevenueAmt
CY Other Revenue-$97,132CYOtherRevenueAmt
PY Total Revenue$2,697,473PYTotalRevenueAmt
CY Total Revenue$3,084,889CYTotalRevenueAmt
PY Grants And Similar Paid$779,760PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$884,252CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$41,416CYTotalFundraisingExpenseAmt
PY Other Expenses$477,751PYOtherExpensesAmt
CY Other Expenses$527,070CYOtherExpensesAmt
PY Total Expenses$1,257,511PYTotalExpensesAmt
CY Total Expenses$1,411,322CYTotalExpensesAmt
PY Revenues Less Expenses$1,439,962PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,673,567CYRevenuesLessExpensesAmt
Total Assets BOY$17,963,466TotalAssetsBOYAmt
Total Assets EOY$21,498,638TotalAssetsEOYAmt
Total Liabilities BOY$158,317TotalLiabilitiesBOYAmt
Total Liabilities EOY$201,634TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$17,805,149NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$21,297,004NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionESTABLISHED IN 1975, THE TRIDENT TECHNICAL COLLEGE FOUNDATION EXISTS TO ADVOCATE AND RAISE FUNDS FOR THE COLLEGE TO SUPPORT THE REGION'S ECONOMY. THE FOUNDATION OPERATES INDEPENDENTLY OF THE COLLEGE AS A 501(C)(3) NONPROFIT CORPORATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$466,717ExpenseAmt
Grant$466,717GrantAmt
DescSTUDENT SCHOLARSHIPS:THE FOUNDATION MADE 476 AND 458 SCHOLARSHIP AWARDS TOTALING $466,717 AND $412,751 IN THE YEARS ENDED JUNE 30, 2024 AND 2023, RESPECTIVELY. SCHOLARSHIPS HELP OFFSET THE COST OF TUITION, FEES, BOOKS, CHILDCARE, AND TRANSPORTATION FOR ELIGIBLE STUDENTS. THE SCHOLARSHIP FUNDS, SUPPORTED BY INDIVIDUALS, BUSINESSES, AND OTHER FOUNDATIONS, ARE COMPETITIVE AND BASED ON CRITERIA ESTABLISHED BY THE DONORS AND THE FOUNDATION. AS OF JUNE 30, 2024, THE FOUNDATION ADMINISTERED A TOTAL OF 152 SCHOLARSHIP FUNDS, 46 OF WHICH ARE PERMANENTLY RESTRICTED. AS OF JUNE 30, 2023, THE FOUNDATION ADMINISTERED A TOTAL OF 145 SCHOLARSHIP FUNDS, 38 OF WHICH ARE PERMANENTLY RESTRICTED.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$14,487ExpenseAmt
Grant$14,487GrantAmt
DescTUITION ASSISTANCE/CREDIT COURSE REIMBURSEMENT PROGRAMS:THE FOUNDATION PROVIDES FINANCIAL SUPPORT, UP TO AN ANNUALLY BUDGETED AMOUNT, FOR FULL-TIME PERMANENT EMPLOYEES OF THE COLLEGE TO TAKE CREDIT OR CONTINUING EDUCATION COURSES AT THE COLLEGE OR OTHER ACCREDITED INSTITUTIONS OF HIGHER EDUCATION. ALL PROGRAMS ARE BASED ON AVAILABILITY OF FUNDS. FOR THE FISCAL YEARS ENDED JUNE 30, 2024 AND 2023, $14,487 AND $6,869 WERE AWARDED AS PART OF THESE PROFESSIONAL DEVELOPMENT PROGRAMS, RESPECTIVELY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescMINI-GRANTS:THE MINI-GRANT PROGRAM PROVIDES FUNDS TO FACULTY AND STAFF FOR EQUIPMENT, MATERIALS AND SPECIAL RESOURCES TO ENHANCE STUDENT SUCCESS. THE PROGRAM IS DESIGNED TO ENHANCE THE LEARNING EXPERIENCE OF COLLEGE STUDENTS WHILE BRIDGING THE GAP BETWEEN INSTRUCTIONAL NEEDS AND DEPARTMENTAL BUDGET CONSTRAINTS. INDIVIDUAL AWARDS ARE UP TO $1,600 AND ARE AWARDED BASED ON A COMPETITIVE APPLICATION PROCESS. FOR THE FISCAL YEARS ENDED JUNE 30, 2024 AND 2023, THERE WERE NO MINI-GRANTS APPLIED FOR OR AWARDED.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$546,680ExpenseAmt
Grant$403,048GrantAmt
DescSTUDENT URGENT NEEDS FUND: THE STUDENT URGENT NEEDS FUND WAS CREATED TO ASSIST STUDENTS IN GOOD STANDING WHO EXPERIENCE AN UNFORESEEN FINANCIAL EMERGENCY WHICH WOULD OTHERWISE PREVENT THEM FROM CONTINUING TO ATTEND THE COLLEGE. STUDENTS MUST MEET ALL ELIGIBILITY REQUIREMENTS AND RECEIVE APPROVAL FROM THE SELECTION COMMITTEE. FOR THE FISCAL YEARS ENDED JUNE 30, 2024 AND 2023, $9,694 AND $15,433 WAS AWARDED IN STUDENT URGENT NEEDS FUNDING ASSISTANCE, RESPECTIVELY.AWARDS AND PRIZES: THE FOUNDATION PROVIDES A VARIETY OF AWARDS AND PRIZES DESIGNED TO CELEBRATE OUTSTANDING ACHIEVEMENTS, INNOVATION, AND LEADERSHIP AMONG COLLEGE STUDENTS, FACULTY, AND STAFF. FOR THE FISCAL YEARS ENDED JUNE 30, 2024 AND 2023, $9,300 AND $7,100 IN AWARDS AND PRIZES WERE PROVIDED FROM THE FOUNDATION, RESPECTIVELY.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$546,680TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$403,048TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$1,027,884TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document24IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members56GoverningBodyVotingMembersCnt
Independent Voting Member56IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LISA PICCOLOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8435746195PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17000 RIVERS AVE BLDG 900AddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29406ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (57 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
KARENA BELL
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
PAMELA J BROWNING
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
ROBERT O COLLINS
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
RUSSELL B CORBIN
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
WILLIAM E CRAVER III
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
DAVID M ECHOLS
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
SHELLY S EICHER
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
WILLIAM A FINN
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
KEVIN F FRANK
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
DAVID T GINN
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
DOROTHY G HARRISON
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
DOUGLAS C HORNBERGER
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
WILLIAM C HUDSON
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
LEONARD L HUTCHISON III
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
ANDREA LIMEHOUSE
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
HAROLD W JONES
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
B T KAYS
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
BRYAN D KIZER
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
MARK A LATTANZIO
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
PETER O LEHMAN
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
BARBARA R NWOKIKE
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
ANTHONY H POPE
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
JOHN C RAMA
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
JEREMY ROSS
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
MICHAEL C SCARAFILE
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
GINA T SHULER
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
HARRY L STALEY
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
ALLISON D STONEY
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
GEORGE L TUPPER JR
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
ALVIN WILLIAMS
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
JAMES GREEN
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
KEVIN ROURK
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
STEVE STRICKLAND
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
DANIEL ZARRILLO
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
ROBERT C SEIDLER
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
JEFF S SPICER
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
ANTHONY JACKSON
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
JESSE JONES
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
PAT FORSBERRY
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
SPENCER PRYOR
FOUNDATION TRUSTEE1.00Yes (X)$0$0$0
SAMUEL STEINBERG
FOUNDATION TRUSTEE EMERITU1.00Yes (X)$0$0$0
DAVID B YARBOROUGH
FOUNDATION TRUSTEE EMERITU1.00Yes (X)$0$0$0
AUGUST J BATLA
FOUNDATION TRUSTEE EMERITU1.00Yes (X)$0$0$0
RICHARD K GREGORY
FOUNDATION TRUSTEE EMERITU1.00Yes (X)$0$0$0
THOMAS A MAYBERRY
FOUNDATION TRUSTEE EMERITU1.00Yes (X)$0$0$0
JAMES C MURRAY
FOUNDATION TRUSTEE EMERITU1.00Yes (X)$0$0$0
TAMMY L COGHILL
CHAIR2.00Yes (X)$0$0$0Yes (X)
GIAMPIERO DIMINICH
VICE CHAIR AND GOVERNANCE2.00Yes (X)$0$0$0Yes (X)
CHRIS B FRASER
IMM. PAST CHAIR AND NOMINATING2.00Yes (X)$0$0$0Yes (X)
MARY R GRAHAM
ADVOCACY COMMITTEE CHAIR2.00Yes (X)$0$0$0Yes (X)
DEB CAMPEAU
DEVELOPMENT/FRIENDRAISING2.00Yes (X)$0$0$0Yes (X)
DAWN H ROBINSON
FINANCE/AUDIT COM. CHAIR2.00Yes (X)$0$0$0Yes (X)
ROBERT M BALDWIN
TREASURER, INVEST. COM. CHAIR2.00Yes (X)$0$0$0Yes (X)
PATRICK BRYANT
AT-LARGE2.00Yes (X)$0$0$0Yes (X)
STUART D WHITESIDE
AT-LARGE2.00Yes (X)$0$0$0Yes (X)
MELVIN C WILLIAMS
AT-LARGE2.00Yes (X)$0$0$0Yes (X)
LISA PICCOLO
SECRETARY40.00$11,495$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$11,495TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonMARY THORNLEYPersonNm

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line141 FORDE ROWAddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29412ZIPCd
FieldValueIRS element (for citing)
ServicesSERVICES RENDERED IN SUPPORT OF THE FOUNServicesDesc
Compensation$134,694CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Fundraising$795,081FundraisingAmt
All Other Contributions$2,194,771AllOtherContributionsAmt
Total Contributions$2,989,852TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$130,743TotalRevenueColumnAmt
Exclusion$130,743ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$61,426SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$61,426SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$61,426TotalRevenueColumnAmt
Exclusion$61,426ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$140,775FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$795,081ContriRptFundraisingEventAmt
Fundraising Direct Expenses$237,907FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$97,132TotalRevenueColumnAmt
Exclusion-$97,132ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,084,889TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$95,037ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$884,252TotalAmt
Program Services$884,252ProgramServicesAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$8,994TotalAmt
Management And General$8,994ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$54,766TotalAmt
Management And General$54,766ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$254,944TotalAmt
Program Services$122,694ProgramServicesAmt
Management And General$132,250ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,107TotalAmt
Management And General$7,107ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
ADMIN/FACILITIES REIMBU$89,765$20,938$28,809$40,018
OTHER EXPENSES$59,030$57,632$1,398
DUES & MEETINGS$41,880$41,880
BANK CHARGES$10,584$10,584

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,411,322TotalAmt
Program Services$1,027,884ProgramServicesAmt
Management And General$342,022ManagementAndGeneralAmt
Fundraising$41,416FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$117,040BOYAmt
EOY$678,055EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$42,477BOYAmt
EOY$250,524EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,515,966BOYAmt
EOY$3,843,277EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$37,129BOYAmt
EOY$19,636EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$14,250,854BOYAmt
EOY$16,707,146EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$17,963,466BOYAmt
EOY$21,498,638EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$158,317BOYAmt
EOY$201,634EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$158,317BOYAmt
EOY$201,634EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,417,112BOYAmt
EOY$5,935,085EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,388,037BOYAmt
EOY$15,361,919EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,805,149BOYAmt
EOY$21,297,004EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,963,466BOYAmt
EOY$21,498,638EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,673,567ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,772,514NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$45,774DonatedServicesAndUseFcltsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,002,928CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,512,101CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,350,592CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,779,265CurrentTaxYearMinus1YearAmt
Current Tax Year$2,989,852CurrentTaxYearAmt
Total$9,634,738TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,002,928CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,512,101CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,350,592CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,779,265CurrentTaxYearMinus1YearAmt
Current Tax Year$2,989,852CurrentTaxYearAmt
Total$9,634,738TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,077,401SubstantialContributorsTotAmt
Public Support Total170$7,557,337PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$314,588CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$310,368CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$413,414CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$758,585CurrentTaxYearMinus1YearAmt
Current Tax Year$130,743CurrentTaxYearAmt
Total$1,927,698TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$278,220CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$158,649CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years-$11,437CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year-$16,057CurrentTaxYearMinus1YearAmt
Current Tax Year-$97,132CurrentTaxYearAmt
Total$312,243TotalAmt
FieldValueIRS element (for citing)
Total Support$11,874,679TotalSupportAmt
Public Support CY1700.63640PublicSupportCY170Pct
Public Support PY1700.61280PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other OrganizationsYes (1)GrantsOtherOrganizationsInd
Grants Other Organizations$8,994GrantsOtherOrganizationsAmt
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$8,994TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationFUNDS USED TO REPRESENT THE INTERESTS OF TRIDENT TECHNICAL COLLEGE AND ITS STUDENTS.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,474,920BeginningYearBalanceAmt
Contributions$295,342ContributionsAmt
Investment Earnings Or Losses$746,160InvestmentEarningsOrLossesAmt
Other Expenditures$135,333OtherExpendituresAmt
End Year Balance$6,381,089EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,992,970BeginningYearBalanceAmt
Contributions$277,509ContributionsAmt
Investment Earnings Or Losses$341,773InvestmentEarningsOrLossesAmt
Other Expenditures$137,332OtherExpendituresAmt
End Year Balance$5,474,920EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,557,112BeginningYearBalanceAmt
Contributions$190,130ContributionsAmt
Investment Earnings Or Losses-$610,291InvestmentEarningsOrLossesAmt
Other Expenditures$143,981OtherExpendituresAmt
End Year Balance$4,992,970EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,455,944BeginningYearBalanceAmt
Contributions$128,705ContributionsAmt
Investment Earnings Or Losses$1,104,963InvestmentEarningsOrLossesAmt
Other Expenditures$132,500OtherExpendituresAmt
End Year Balance$5,557,112EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,364,950BeginningYearBalanceAmt
Contributions$122,351ContributionsAmt
Investment Earnings Or Losses$59,193InvestmentEarningsOrLossesAmt
Other Expenditures$90,550OtherExpendituresAmt
End Year Balance$4,455,944EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.52842PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.47157TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
FIXED INCOME$1,608,053F
MONEY MARKET$1,654,538F
EQUITIES$10,026,136F
REAL ESTATE FUNDS/REITS$1,677,563F
ALTERNATIVE INVESTMENTS$1,740,856F
FieldValueIRS element (for citing)
Total Book Value Securities$16,707,146TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,848,411TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,772,514NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$45,774DonatedServicesAndUseFcltsAmt
Revenue Not Reported$1,818,288RevenueNotReportedAmt
Revenue Subtotal$3,030,123RevenueSubtotalAmt
Investment Expenses Not Incld$54,766InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$54,766RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,084,889TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,356,556TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,356,556ExpensesSubtotalAmt
Investment Expenses Not Incld2$54,766InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$54,766ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,411,322TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE INTEREST EARNED ON ENDOWED FUNDS HELPS SUPPORT PROGRAM-RELATED COSTS, PRIMARILY SCHOLARSHIPS. ENDOWED FUNDS ALSO SHOW THAT DONORS TRUST THE ORGANIZATION AND BELIEVE IN THE LONGEVITY OF THE FOUNDATION.
PART X, LINE 2:MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE FOR THE YEARS ENDED JUNE 30, 2024.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1A NIGHT IN THE VALLEYEvent1Nm
Gross Receipts Event1$884,122GrossReceiptsEvent1Amt
Charitable Contri Event1$760,322CharitableContriEvent1Amt
Gross Revenue Event1$123,800GrossRevenueEvent1Amt
Other Direct Expenses Event1$204,791OtherDirectExpensesEvent1Amt
Event2BUBBLES & BLINGOEvent2Nm
Gross Receipts Event2$51,734GrossReceiptsEvent2Amt
Charitable Contri Event2$34,759CharitableContriEvent2Amt
Gross Revenue Event2$16,975GrossRevenueEvent2Amt
Other Direct Expenses Event2$33,116OtherDirectExpensesEvent2Amt
Gross Receipts Total$935,856GrossReceiptsTotalAmt
Charitable Contributions Tot$795,081CharitableContributionsTotAmt
Gross Revenue Total Events$140,775GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$237,907OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$237,907DirectExpenseSummaryEventsAmt
Net Income Summary-$97,132NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1TRIDENT TECHNICAL COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 118067AddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29423ZIPCd
FieldValueIRS element (for citing)
Recipient EIN570440170RecipientEIN
IRC Section115IRCSectionDesc
Cash Grant$884,252CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantTO PROVIDE PROGRAM ASSISTANCE TO THE COLLEGE.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION MAINTAINS DOCUMENTATION ON GRANTS MADE TO THE COLLEGE. FURTHER, THE FOUNDATION IS INVOLVED IN THE PROCESS OF AWARDING SCHOLARSHIPS. SCHOLARSHIPS ARE ELECTRONICALLY APPLIED FOR BY EACH INDIVIDUAL STUDENT. THE COMPUTER SYSTEM COMPARES THE DATA PER THE APPLICATION TO THE SCHOLARSHIP CRITERIA AND IDENTIFIES THE QUALIFIED APPLICANTS. A COMMITTEE THEN REVIEWS THE SELECTION OF STUDENTS WHO HAVE QUALIFIED FOR EACH SCHOLARSHIP AND SELECTS THE WINNING STUDENTS. THE MONEY FOR EACH SCHOLARSHIP IS PUT ON THE STUDENTS ACCOUNT FOR THE FOLLOWING SEMESTER.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonPATRICK BRYANTPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionFOUNDATION TRUSTEERelationshipDescriptionTxt
Transaction$4,350TransactionAmt
TransactionPATRICK BRYANT IS A PARTNER IN EVENT.GIVES INC., A FUNDRAISING PLATFORM COMPANY. THE TRANSACTION WAS AT FAIR MARKET VALUE AND WAS NEGOTIATED AT ARM'S LENGTH TO PROVIDE EVENT SOFTWARE AND SUPPORT FOR A NIGHT IN THE VALLEY FUNDRAISING EVENT.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4THE ORGANIZATION AMENDED ITS BYLAWS, EFFECTIVE NOVEMBER 11TH 2023, FOR THE FOLLOWING CHANGES: THE AUDIT/FINANCE COMMITTEE, WILL RECEIVE A DRAFT AUDIT FINANCIALS FOR REVIEW, FOLLOWED BY THE EXECUTIVE COMMITTEE, WHO WILL THEN RECEIVE A PRESENTATION OF THE AUDITED FINANCIALS FROM A PARTNER OF THE AUDITING FIRM. THE FULL BOARD OF TRUSTEES WILL RECEIVE THE AUDIT MATERIALS DURING THEIR NEXT SCHEDULED MEETING. THE CHAIR OF THE BOARD WILL ALSO SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE, WITH FULL VOTING RIGHTS. VOTES OF THE COMMITTEES SHALL CONSIST OF AN AFFIRMATIVE VOTE BY A MAJORITY OF TOTAL MEMBERS PRESENT AT A MEETING AT WHICH A QUORUM IS ESTABLISHED. A QUORUM OF THE COMMITTEES SHALL CONSIST OF 50% OF THE FULL COMMITTEE MEMBERSHIP. ATTENDANCE AT MEETINGS MAY BE IN PERSON OR BY PHONE, VIDEO, OR OTHER ELECTRONIC METHOD. VOTES MAY BE CAST VIA EMAIL OR OTHER ELECTRONIC TECHNOLOGY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINANCE COMMITTEE REVIEWS AND APPROVES THE 990 PRIOR TO ITS RELEASE, AND THEN IT IS MADE AVAILABLE TO THE ENTIRE BOARD.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH IS MONITORED REGULARY. IN THE EVENT THAT A POTENTIAL CONFLICT SHALL ARISE DURING THE YEAR, THE INTERESTED TRUSTEE SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND/OR VOTE.
FORM 990, PART VI, SECTION B, LINE 15ALL EMPLOYEES WHO PERFORM SERVICES FOR THE FOUNDATION ARE EMPLOYED BY TRIDENT TECHNICAL COLLEGE, A STATE INSTITUTION. THERFORE, COMPENSATION IS SET AND LIMITED BY STATE LAW.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GSTIPEND: PROGRAM SERVICE EXPENSES 122,694. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 122,694. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 132,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 132,250.
FORM 990, PART XII, LINE 2CTHE FOUNDATION HAS AN AUDIT COMMITTEE THAT ASSUMES THE RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.

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