2023-02-23T11:04:54-08:00 2022-06-30 134096443 FIDUCIAL EXPERTISE #9648 CHICAGO SOUTH 7420 W COLLEGE DR PALOS HEIGHTS IL 60463 990 2021-07-01 363191202 MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION MORA 7089745740 9000 WEST COLLEGE PARKWAY - BUILDIN PALOS HILLS IL 60465 SUSAN WADE TREASURSR 7089745740 2023-02-23 true SUSAN WADE XXX-XX-XXXX BRUCE NAWARA CPA P00251808 7084487100 3 AAL1 IAL1 FAL1 2021 2023-03-07 01:45:13Z SUSAN WADE 9000 WEST COLLEGE PARKWAY PALOS HILLS IL 604650937 1751501 false X WWW.MORAINEVALLEY.EDU/FOUNDATION X 1982 IL THE FOUNDATION'S PURPOSE IS TO PROMOTE AND FINANCIALLY SUPPORT MORAINE VALLEY COMMUNITY COLLEGE PROGRAMS AND PROVIDE SCHOLARSHIP AND FINANCIAL ASSISTANCE TO STUDENTS WHILE EXERCISING PRUDENT INVESTMENT AND MANAGEMENT OF DONOR FUNDS 17 15 0 100 0 0 687002 496539 0 227830 213205 -14900 -23074 899932 686670 579783 533413 0 0 0 10389 122147 116592 701930 650005 198002 36665 6208271 5491505 26882 39587 6181389 5451918 X TO PROMOTE AND FINANCIALLY SUPPORT MORAINE VALLEY COMMUNITY COLLEGE PROGRAMS AND PROVIDE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS WHILE EXERCISING PRUDENT MANAGEMENT AND INVESTMENT OF DONOR FUNDS. CHARITABLE GIFTS RECEIVED ARE ADMINISTERED IN ACCORDANCE WITH THE DONOR'S INTENTION. FOUNDATION FUNDS ARE THEN DISBURSED TO APPROVED COLLEGE AND STUDENT PROGRAMS. THE FUNDING OF PROGRAM DISBURSEMENTS ARE CONDUCTED UNDER THE GOVERNANCE AND STEWARDSHIP OF THE BOARD OF DIRECTORS. OUR CORE ACTIVITIES INCLUDE: GOVERNANCE AND STEWARDSHIP - SELF GOVERNANCE AND SAFEGUARDING OF THE FOUNDATION'S ASSETS ARE IN ACCORDANCE WITH DONOR INTENTIONS AND PRUDENT INVESTMENT POLICY. CHARITABLE GIFTING SOLICITATION - FUNDRAISING THROUGH APPEALS, CAMPAIGNS, GRANTS AND SPECIAL EVENTS. COLLEGE AND STUDENT PROGRAM DISBURSEMENTS - REVIEW, SELECT AND APPROVE DISBURSEMENTS OF FUNDS TO THE COLLEGE AND STUDENT PROGRAMS NEEDING FINANCIAL SUPPORT. false false 100000 100000 0 FINE AND PERFORMING ARTS - THE FOUNDATION PROVIDES ON-GOING FINANCIAL SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE FINE AND PERFORMING ARTS CENTER. THIS SUPPORT PLAYS A CRUCIAL ROLE IN PROGRAM UNDERWRITING AND ON-GOING MAINTENANCE AT THE CENTER. THE ARTS CENTER IS A CENTRAL RESOURCE OF MORAINE VALLEY COMMUNITY COLLEGE WHICH HOSTS PERFORMANCES BY REGIONAL AND NATIONAL PROFESSIONAL COMPANIES IN DANCE, MUSIC, AND THEATER FOR CULTURAL AND ARTISTIC ENRICHMENT IN THE SOUTHWESTERN SUBURBS. 304128 296702 0 SCHOLARSHIPS - THE FOUNDATION PROVIDES FUNDING AND ADMINISTERS VARIOUS ACADEMIC SCHOLARSHIP PROGRAMS FOR STUDENTS OF MORAINE VALLEY COMMUNITY COLLEGE. SCHOLARSHIPS ARE MERIT BASED AND NEED BASED, AND ARE OFFERED COLLEGE-WIDE OR DESIGNATED TO PROVIDE SUPPORT THROUGH A SPECIFIC PROGRAM OR DEPARTMENT. 103688 103688 0 STUDENT EMERGENCY ASSISTANCE - THROUGH CONTRIBUTIONS OF VARIOUS INDIVIDUAL DONORS THE FOUNDATION HAS IMPLEMENTED AN EMERGENCY FINANCIAL ASSISTANCE PROGRAM FOR MORAINE VALLEY COMMUNITY COLLEGE STUDENTS WHO MIGHT OTHERWISE BE FORCED TO STOP OR DROP OUT OF SCHOOL. DONATIONS OF VARIOUS INDIVIDUALS ARE USED TO PAY THE EXPENSES OF MORAINE VALLEY COMMUNITY COLLEGE STUDENTS THAT ARE CONFRONTED WITH EXTRAORDINARY PERSONAL LIVING EXPENSES THAT IF NOT PAID ON AN IMMEDIATE BASIS WOULD LIKELY RESULT IN THAT STUDENT NOT BEING ABLE TO CONTINUE THEIR EDUCATION AT THE COLLEGE. FINANCIAL ASSISTANCE IS GRANTED TO STUDENTS ON A CASE BY CASE BASIS BY THE RECOMENDATION OF THE COLLEGE AFTER A REVIEW OF EACH STUDENTS CIRCUMSTANCES SURROUNDING THE REQUEST FOR ASSISTANCE. 8800 8800 0 AUTOMOTIVE PROGRAM - THE FOUNDATION PROVIDES DIRECT FINANCIAL SUPPORT THROUGH DONATIONS IN KIND TO THE MORAINE VALLEY COMMUNITY COLLEGE AUTOMOTIVE TECHNOLOGY CAREER PROGRAM. DONORS TO THE FOUNDATION CONTRIBUTE VEHICLES TO THE FOUNDATION WHICH ARE THEN GIVEN TO THE AUTOMOTIVE TECHNOLOGY COLLEGE PROGRAM. 8041 8041 0 FACULTY ASSOCIATION - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION ASSISTS THE FUNDRAISING EFFORTS OF THE MORAINE VALLEY COMMUNITY COLLEGE FACULTY ASSOCIATION WHO RAISES FUNDS TO SUPPORT STUDENT SCHOLARSHIPS FOR MORAINE VALLEY COMMUNITY COLLEGE STUDENTS TO ENSURE ACCESS TO QUALITY EDUCATION AND STUDENT SUCCESS. 12932 12932 0 FOUNDATION SPONSORSHIPS - THE FOUNDATION REGULARLY PROVIDES MORAINE VALLEY COMMUNITY COLLEGE ONGOING SUPPORT THAT BENEFIT AND PROMOTE INCREASED AWARENESS AND BRAND BUILDING FOR THE COLLEGE. 3250 3250 0 WOMEN'S LEADERSHIP CONFERENCE - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION PROVIDES FINANCIAL SUPPORT FOR THE WOMEN'S LEADERSHIP CONFERENCE WHICH IS A FREE ANNUAL CONFERENCE THAT FOCUSES ON LEADERSHIP TRAINING AND MENTORING FOR MORAINE VALLEY STUDENTS, FACULTY, STAFF AND COMMUNITY MEMBERS. 33023 33023 0 540839 true true false false false false false false false true true false false false false false 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 false false false false false true 3 0 true 0 false false false false false true true true true false false false true false false false X 17 15 false false false false false false false true true false false true true true true true true true false false IL X SUSAN WADE 7089745740 9000 WEST COLLEGE PARKWAY PALOS HILLS IL 60465 X THOMAS KANTAS PRESIDENT 6.00 X X 0 0 0 BRUCE NAWARA PAST PRESIDENT 2.00 X X 0 0 0 HELEN LOBAS VICE PRESIDENT 4.00 X X 0 0 0 SUSAN WADE TREASURER 4.00 X X 0 0 0 DR MARGARET LEHNER SECRETARY 4.00 X X 0 0 0 AMY SITTERLY DIRECTOR 2.00 X 0 0 0 JOHN R COLEMAN DIRECTOR 2.00 X 0 0 0 DOMINICK DEMONICA DIRECTOR 2.00 X 0 0 0 JOHN DOBBYN DIRECTOR 2.00 X 0 0 0 PHILIP HALLIBURTON DIRECTOR 2.00 X 0 0 0 DENNIS M SHANNON DIRECTOR 2.00 X 0 0 0 SANDRA WAGNER DIRECTOR 2.00 X 0 0 0 PHILLIP T FOSTER DIRECTOR 2.00 X 0 0 0 DR SYLVIA M JENKINS DIRECTOR 2.00 X 0 0 0 OMAR NAJIB DIRECTOR 2.00 X 0 0 0 CRISTY GALLEGOS DIRECTOR 2.00 X 0 0 0 CHRIS SIOUKAS DIRECTOR 2.00 X 0 0 0 0 0 0 0 false false false 0 143262 353277 34435 496539 137748 0 137748 1028841 953384 75457 75457 0 0 75457 88373 143262 111447 -23074 0 -23074 686670 0 0 190131 133023 133023 400390 400390 28115 0 28115 0 30947 0 30947 0 11930 0 6499 5431 23025 7426 15599 0 CREDIT CARD AND BANK FEES 5989 0 5989 0 SUBSCRIPTIONS AND PUBLICATIONS 2158 0 2158 0 POSTAGE AND MAILING 4601 0 1651 2950 PRINTING 8458 0 7794 664 1369 0 25 1344 650005 540839 98777 10389 277542 206669 29700 15000 10000 12738 13253 6220 6220 0 0 5724164 5081711 154127 174872 6208271 5491505 687 10232 26195 29355 26882 39587 X 4451950 3805391 1729439 1646527 6181389 5451918 6208271 5491505 X 36665 -766136 12000 -12000 X false true X true false X 0 415716 508761 442300 687002 496539 2550318 0 0 0 0 0 0 0 0 0 0 0 0 415716 508761 442300 687002 496539 2550318 85499 2464819 126559 123559 117380 114081 137748 619327 0 0 0 0 0 0 0 3169645 0.77760 0.78400 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1033205 6450 -110982 23979 0 0 904694 681031 165600 201074 14500 0 0 1033205 664747 1450 27704 12870 0 0 681031 635605 995 39541 11394 0 0 664747 571099 30845 41087 7426 0 0 635605 0.00000 0.19340 0.80660 false false 0 0 6220 6220 0 0 13034 -766136 12000 111447 -642689 655723 30947 30947 686670 742505 12000 111447 123447 619058 30947 30947 650005 Pt V, Line 4 THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF DONOR-RESTRICTED FUNDS TO SUPPORT MORAINE VALLEY COMMUNITY COLLEGE STUDENT SCHOLARSHIPS Pt XI, Line 2d SPECIAL EVENT DIRECT EXPENSES Pt XII, Line 2d SPECIAL EVENT DIRECT EXPENSES GOLF OUTING 90838 49963 40875 1052 10200 19185 600 19483 DINNER EVENT 124430 87249 37181 696 20610 3400 29126 1 16367 6050 10317 7095 231635 143262 88373 1748 10200 39795 4000 55704 111447 -23074 true MORAINE VALLEY COM COLLEGE 9000 WEST COLLEGE PARKWAY PALOS HILLS IL 60465 362614971 115 133023 PART IV 1 STUDENT EMERGENCY ASSISTANCE 179 54813 STUDENT SCHOLARSHIP AWARDS 329 296702 STUDENT ADMISSION TESTING FEES 1955 48875 Pt I Line 2 ALL ASSISTANCE GRANTED TO THE MORAINE VALLEY COMMUNITY COLLEGE IS APPROVED BY THE FOUNDATION'S BOARD OF DIRECTORS Other 100,000 - SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE FINE AND PERFORMING ARTS CENTER Other 8,800 - SUPPORT FOR THE MORAINE VALLEY COLLEGE AUTOMOTIVE TECHNOLOGY PROGRAM Other 3,250 - SUPPORT FOR THE MORAINE VALEY COMMUNITY COLLEGE SPONSORSHIP OF THE WOMEN'S FORUM Other 900 - SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE SPONSORSHIP OF THE STEM EXPO Other 8,041 - SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE FACULTY ASSOCIATION Other 12,032 - PROMOTE AWARENESS AND BRAND BUILDING FOR THE MORAINE VALLEY COMMUNITY COLLEGE X 2 8800 SALE OF COMPARABLE PROPERTY X SPECIAL EVENTS MERCHANDISE 150 15535 SALE OF COMPARABLE PROPERTY X COLLEGE IMPROVEMENTS 5 10100 SALE OF COMPARABLE PROPERTY false true false Pt VI, Line 11b A COPY OF THE FORM 990 IS REVIEWED IN DETAIL BY THE FOUNDATIONS'S PRESIDENT, TREASURER AND EXECUTIVE DIRECTOR AND PRESENTED FOR REVIEW AT THE REGULAR BOARD MEETING. Pt VI, Line 12c THE FOUNDATION'S CONFLICT OF INTEREST POLICY IS REVEIWED AND SIGNED BY EACH BOARD MEMBER ON AN ANNUAL BASIS. Pt VI, Line 15a THE COMPENSATION OF THE FOUNDATION'S EXECUTIVE DIRECTOR IS DETERMINED BY THE MORAINE VALLEY COMMUNITY COLLEGE BOARD OF TRUSTEES. Pt VI, Line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. Pt XI DONATED USE OF OFFICE FACILITIES BY MORAINE VALLEY COMMUNITY COLLEGE. Form 990, Part III, Line 4d AUTOMOTIVE PROGRAM - THE FOUNDATION PROVIDES DIRECT 8800. 8800. 0. Form 990, Part III, Line 4d FACULTY ASSOCIATION - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION 8041. 8041. 0. Form 990, Part III, Line 4d FOUNDATION SPONSORSHIPS - THE FOUNDATION REGULARLY PROVIDES MORAINE VALLEY 12932. 12932. 0. Form 990, Part III, Line 4d WOMEN'S LEADERSHIP CONFERENCE - THE MORAINE VALLEY 3250. 3250. 0.