2023-02-22T13:03:50-06:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC ONE CORPORATE DRIVE SUITE 725 SHELTON CT 064846241 990 2021-07-01 061291848 HOUSATONIC COMMUNITY COLLEGE FOUNDATION INC HOUS 2033325078 900 LAFAYETTE BOULEVARD BRIDGEPORT CT 066044703 KRISTY JELENIK EXECUTIVE DIRECTOR 2033325078 2023-01-27 1 KRISTY JELENIK 999009999 JENNIFER BULL P00448361 2039293535 2023-01-27 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z KRISTY JELENIK 900 LAFAYETTE BOULEVARD BRIDGEPORT CT 066044703 2268685 0 X HTTP://WWW.HOUSATONIC.EDU X 1990 CT THE FOUNDATION SUPPORTS THE MISSION OF HOUSATONIC COMMUNITY COLLEGE BY GRANTING SCHOLARSHIPS AND GRANTS TO STUDENTS OF THE COLLEGE AND SUPPORTING VARIOUS COLLEGE PROGRAMS 18 18 3 0 0 0 1027972 2193619 0 0 88718 37470 26097 34950 1142787 2266039 617710 774703 0 0 163217 122242 0 0 58239 178289 210928 959216 1107873 183571 1158166 2131357 2901380 218965 119329 1912392 2782051 X HCCF EXPANDS ACCESS TO QUALITY, AFFORDABLE HIGHER EDUCATION AND WORKS CLOSELY WITH HCC TO ENHANCE THE LEARNING EXPERIENCE AND WORKFORCE DEVELOPMENT EDUCATION AND TRAINING OF STUDENTS. ITS MISSION IS TO SOLICIT, SECURE, AND MANAGE CONTRIBUTIONS FROM THE PRIVATE SECTOR THROUGH PHILANTHROPIC INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS FOR THE BENEFIT OF HCC. TODAY, HCCF WORKS IN PARTNERSHIP WITH HCC TO BRING A BROAD RANGE OF SCHOLARSHIPS AND GRANTS TO MEN AND WOMEN FROM THE GREATER BRIDGEPORT AREA WHO HAVE THE DESIRE TO LEARN AND THE DETERMINATION TO BUILD A BETTER LIFE. HCC CONTINUES TO THRIVE IN ITS ROLE AS A DYNAMIC AND SUPPORTIVE ACADEMIC INSTITUTION. AS HCC HAS GROWN, SO HAS HCCF. HCCF STRIVES TO DEVELOP NEW SOURCES OF FUNDING IN AN EFFORT TO MEET THE GROWING FINANCIAL CHALLENGES PRESENTED BY A THRIVING COMMUNITY COLLEGE DEDICATED TO EDUCATIONAL ACCESS AND SUCCESS. FUNDRAISING EFFORTS ARE FOCUSED ON INCREASING ACCESSS AND RETENTION FOR LOW-INCOME, HISTORICALLY MARGINALIZED STUDENTS. 0 0 423997 385453 EACH SEMESTER, THE HCC FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS PRIMARILY BASED ON THEIR FINANCIAL NEED, AS WELL AS ACADEMIC MERIT, COMMUNITY SERVICE AND CAMPUS LEADERSHIP. SCHOLARSHIPS ARE "LAST-DOLLAR" MEANING FINANCIAL AID IS APPLIED TO THE STUDENT'S ACCOUNT BEFORE HCC FOUNDATION SCHOLARSHIPS. WHERE OVER 70% OF HCC STUDENTS QUALIFY FOR FINANCIAL AID AND 95% OF STUDENTS IN THE HCC FOUNDATION SCHOLARSHIP PROGRAM MEET INTAKE GUIDELINES AND CRITERIA, THE SCHOLARSHIP PROGRAM IS A VITAL RESOURCE FOR THE HCC COMMUNITY. 403419 389250 THE HCC FOUNDATION ENHANCES LEARNING AND EXPERIENCES THROUGH PROGRAM GRANTS. FUNDING SUPPORTS STUDENT PURSUING STEAM AT HCC, MANUFACTURING, FINANCIAL LITERACY, AND ENTREPRENEURSHIP. EQUITY PROGRAMS ARE ALSO SUPPORTED THROUGH HCC FOUNDATION INCLUDING THE FAMILY ECOMONIC SECURITY PROGRAM AND EQUITY PROJECT. BOTH PROGRAMS FOCUS ON INCREASING STUDENT RETENTION AND COMPLETION, AS WELL AS FINANCIAL LITERACY AND PERSONAL DEVELOPMENT. 63342 THE HOUSATONIC MUSEUM OF ART (HMA) IS HOME TO ONE OF THE PREMIER COLLEGE ART COLLECTIONS IN THE UNITED STATES. ITS COLLECTION OFFERS STUDENTS AND THE COMMUNITY ALIKE THE OPPORTUNITY TO VIEW WORKS THAT SPAN THE HISTORY OF ART FROM THE ANCIENT TO THE CONTEMPORARY. UNIQUE TO THE HOUSATONIC COMMUNITY COLLEGE CAMPUS, THIS PERMANENT COLLECTION IS ON CONTINUOUS DISPLAYTHROUGHOUT THE 300,000 SQUARE FOOT FACILITY, OFFERING A RARE OPPORTUNITY FOR BOTH ART ENTHUSIASTS AND CASUAL OBSERVERS TO VIEW AND INTERACT WITH THE ART ON A DAILY BASIS. 890758 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 30 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CT X X KRISTY JELENIK 2033325078 900 LAFAYETTE BLVD BRIDGEPORT CT 06604 CARMEN COLON DIRECTOR 1.00 X 0 0 0 BEN MAINI CPA DIRECTOR 1.00 X 0 0 0 MATT MCCARTHY CPA DIRECTOR 1.00 X 0 0 0 BRUCE MURRAY PRESIDENT 1.00 X X 0 0 0 LINDY LEE GOLD DIRECTOR 1.00 X 0 0 0 CHRISTOPHER RALLO DIRECTOR 1.00 X 0 0 0 BRADLEY A HARDY TREASURER 1.00 X X 0 0 0 ENRICO R COSTANTINI SECRETARY 1.00 X X 0 0 0 JUDITH CORPREW VICE PRESIDENT 1.00 X X 0 0 0 LIZ BALL DIRECTOR 1.00 X 0 0 0 LEAH DAVENPORT DIRECTOR 1.00 X 0 0 0 LAURIE GILES DIRECTOR 1.00 X 0 0 0 JENNIFER CUTRALI DIRECTOR 1.00 X 0 0 0 MARILYN FORD DIRECTOR 1.00 X 0 0 0 ANDREA JONES DIRECTOR 1.00 X 0 0 0 WILLIE MCBRIDE JR DIRECTOR 1.00 X 0 0 0 RAMON PERALTA DIRECTOR 1.00 X 0 0 0 DOUG WADE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 2193619 2193619 37470 37470 37596 2646 34950 34950 2266039 0 0 72420 774703 774703 46420 4642 9284 32494 44783 24554 20229 26618 10050 6555 10013 4421 4421 73973 73973 19917 19917 1617 1617 12434 12434 13440 10142 3298 17159 17159 MUSEUM EXPENSE 53136 53136 OTHER 14169 14169 STUDENT TRAINING 5083 5083 1107873 890758 158876 58239 409805 612687 12254 1708132 2262178 13420 14261 2131357 2901380 218965 119329 218965 119329 X 478927 539866 1433465 2242185 1912392 2782051 2131357 2901380 1158166 -308424 19917 0 X 0 1 X 1 0 X 1540450 1266368 1014028 1054069 2228569 7103484 1540450 1266368 1014028 1054069 2228569 7103484 3406356 3697128 67534 37421 38033 11966 16516 171470 7274954 0.50820 0.48370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1190140 177663 -89188 23710 1254905 939036 120000 153771 22667 1190140 916178 2500 43944 23586 939036 900565 500 56540 41427 916178 877889 550 61425 39299 900565 0 0 0 2211885 -288507 254270 -34237 2246122 19917 19917 2266039 1342226 254270 254270 1087956 19917 19917 1107873 PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS WHEN THEY ARE MORE THAN LIKELY NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2019. GIVING DAY 37596 37596 2646 37596 37596 2646 2646 34950 0 SCHOLARSHIPS AND AWARDS 469 385453 OTHER STUDENT ASSISTANCE 1442 389250 FORM 990, SCH I, PART III 1. SCHOLARSHIPS ARE NEED-BASED, APPLICATIONS ARE REVIEWED BY A COMMITTEE FROM THE FOUNDATION OR THE PROGRAM DIRECTORS USING CERTAIN CRITERIA TO DETERMINE THE AWARD. FUNDS ARE PAID DIRECTLY TO THE COLLEGE AND APPLIED TO THE STUDENT TUTITION ONCE THE SEMESTER STARTS. THE COLLEGE MONITORS IF THE STUDENT WITHDRAWS AND ISSUES THE FOUNDATION A REFUND WHERE APPROPRIATE. FORM 990, SCH I, PART III, 2. OTHER ASSISTANCE IS OFFERED ON A NEED BASIS IN ORDER TO HELP THE STUDENT STAY IN SCHOOL AND SUCCEED. TYPICAL RECIPIENT IS SOMEONE WHO DID NOT QUALIFY FOR FINANCIAL AID. APPLICATIONS ARE REVIEWED AND APPROVED BY COLLEGE DEANS, STAFF, AND FACULTY WITH INPUT FROM ADVISORS AS TO STUDENT NEEDS. FUNDS ARE TYPICALLY PAID DIRECTLY TO THE COLLEGE. THE COLLEGE MONITORS IF THE STUDENT WITHDRAWS AND ISSUES THE FOUNDATION A REFUND WHERE APPROPRIATE. FUNDS MAY ALSO BE PAID DIRECTLY TO VENDORS FOR EXPENSES SUCH AS CERTIFICATION EXAM FEES AND REVIEW BOOKS; SOFTWARE LICENSES, ETC. FORM 990, SCH I, PART III 3. EMERGENCY FUND ASSISTANCE IS OFFERED TO STUDENTS TO HELP MEET OR DEFRAY AN URGENT OR OFTEN UNEXPECTED EXPENSE. APPLICATIONS ARE REVIEWED AND APPROVED BY THE FOUNDATION COMMITEE. FUNDS ARE TYPICALLY PAID DIRECTLY TO THE VENDOR AND CAN BE PAID TO A STUDENT AS A REIMBURSEMENT. IN SOME CASES, DEPENDING ON NEED, A GIFT CARD TO A LOCAL GROCERY STORE IS ISSUED. THIS CAME ABOUT WHEN COVID 19 HIT AND FOOD INSECURITY BECAME A LARGER ISSUE FOR SOME STUDENTS. FORM 990, SCH I, PART III 4. PROGRAM GRANTS AND FUNDS SUPPORT STUDENTS IN EQUITY PROGRAMS BASED ON QUALIFYING CRITERIA, THE ENTREPRENEURSHIP CENTER AND VENTURE LAB THROUGH GRANTS TO SUPPORT BUSINESS IDEATION AND GROWTH. GRANTS ARE MONITORED BY PROGRAM COORDINATORS AND PROGRESS IS REPORTED TO THE FOUNDATION. FORM 990, SCH I, PART III 5. AWARDS ARE ISSUED BASED ON ACADEMIC PERFORMANCE. RECIPIENTS ARE SELECTED BY DEPARTMENT HEADS AT THE COLLEGE AND ARE BASED ON CRITERIA SUCH AS GPA, COMMUNITY SERVICE, AND COLLEGE INVOLVEMENT. THE AWARDS ARE GIVEN TO GRADUATING SENIORS. FORM 990, PART VI, SECTION B, LINE 11B HOUSATONIC COMMUNITY COLLEGE FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLSIHED A REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. THE FORM 990, ONCE COMPLETED, IS DISTRIBUTED TO MANAGEMENT AND THE BOARD OF DIRECTORS IN DRAFT FORM TO BE REVIEWED, AFTER REVIEW AND ANY QUESTIONS ARE ANSWERED, FORM 990 IS FILED WITH THE STATE AND FEDERAL GOVERNMENTS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, THAT THEY HAVE READ AND UNDERSTAND THE POLICY AND HAS TO COMPLIED WITH THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE 990 IS ALSO MADE AVAILABLE ON WWW.GUIDESTAR.COM HOUSATONIC COMMUNITY COLLEGE 900 LAFAYETTE BLVD BRIDGEPORT CT 06604 134130869 SCHOOL CT 170(C) (1) 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 HOUSATONIC COMMUNITY COLLEGE O 254270 COST