2023-03-17T07:40:52-05:00 2022-08-31 161131146 BONADIO & CO LLP 6 WEMBLEY COURT ALBANY NY 12205 990 2021-09-01 222484101 DUTCHESS COMMUNITY COLLEGE FOUNDATION INC DUTC 8454318400 53 PENDELL ROAD POUGHKEEPSIE NY 12601 DIANA POLLARD EXECUTIVE DIRECTOR 8454318400 2023-03-15 1 DIANA POLLARD 999009999 KEVIN TESTO P01435881 5184644080 2023-03-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DIANA POLLARD 53 PENDELL ROAD POUGHKEEPSIE NY 12601 6722960 0 X WWW.SUNYDUTCHESS.EDU/ALUMNI/FOUNDATION/ X 1975 NY TO SUPPORT OPERATIONS OF DUTCHESS COMMUNITY COLLEGE IN POUGHKEEPSIE, NEW YORK. 25 24 0 65 0 0 1177958 977611 0 0 229712 784896 1388966 75719 2796636 1838226 581914 574111 0 0 0 0 0 0 141362 386421 535417 968335 1109528 1828301 728698 17310891 14696708 251777 68361 17059114 14628347 X THE MISSION OF DUTCHESS COMMUNITY COLLEGE FOUNDATION IS TO RAISE FUNDS TO PROVIDE SCHOLARSHIPS AND SUPPORT THE DUTCHESS COMMUNITY COLLEGE'S ("DCC") INITIATIVES THAT WILL HAVE A SIGNIFICANT AND DIRECT IMPACT ON THE STUDENTS, FACULTY, AND STAFF OF DCC. 0 0 835452 574111 1340245 THE PROVISION OF EDUCATIONAL GRANTS TO AID AND ADVANCE THE WELFARE, DEVELOPMENT, PURPOSE AND PROGRAMS OF DUTCHESS COMMUNITY COLLEGE AND ITS STUDENTS. DURING THE FISCAL YEAR, THE FOUNDATION AWARDED GRANTS THAT SUPPORT DUTCHESS COMMUNITY COLLEGE STUDENTS. IN ADDITION TO THE STUDENT SCHOLARSHIPS AND EMERGENCY NEEDS GRANTS, THE FOUNDATION AWARDS SMALL GRANTS TO FACULTY IN SUPPORT OF PROJECTS RELATED TO ACADEMIC PROGRAMS. EACH YEAR FACULTY MEMBERS ARE CHOSEN FOR THE CHAIRS, AN HONOR FOR TEACHING EXCELLENCE. THE FACULTY MEMBERS RECEIVE A STIPEND AND ARE ALSO GIVEN A SMALL AMOUNT THAT THEY CAN USE TO BRING IN A SPEAKER TO CAMPUS, ATTEND AN EDUCATIONAL CONFERENCE OR DO A PROJECT. LECTURES ARE OPEN TO THE GENERAL PUBLIC WHILE PROVIDING AN EDUCATIONAL ENHANCEMENT TO THE STUDENTS, FACULTY AND STAFF OF DUTCHESS COMMUNITY COLLEGE. SOME OF OUR SPEAKERS HAVE BEEN PULITZER PRIZE AND NOBEL PRIZE WINNERS. ADDITIONALLY, THE FOUNDATION PROVIDES THE COLLEGE WITH FUNDING TO SUPPORT STUDENT TECHNOLOGY NEEDS AND IMPROVEMENTS TO CAMPUS FACILITIES. DCC CARES/THE PANTRY: BOTH OF THESE PROGRAMS ARE SUPPORTED BY THE FOUNDATION TO OFFER WRAP-AROUND SUPPORT TO SOME OF DCC'S STUDENTS THAT HAVE ADDITIONAL SUPPORT NEEDS. DCC CARES OFFERS STUDENTS GRANT FOR BOTH PERSONAL EMERGENCY NEEDS AND ACADEMIC. THE PANTRY IS A FOOD PANTRY ON CAMPUS WHICH SUPPORTS FOOD INSECURE STUDENTS, FACULTY AND STAFF OF DCC. BY PROVIDING THESE PROGRAMS WE ARE ABLE TO HELP RETAIN STUDENTS AND PROVIDE THEM WITH THE SECURITY THEY NEED TO BE SUCCESSFUL IN COLLEGE. CRAFT FAIR: DUTCHESS COMMUNITY COLLEGE HOSTS THE ANNUAL DCC FOUNDATION HOLIDAY CRAFT FAIR WITH MORE THAN 100 ARTISTS ON THE WEEKEND FOLLOWING THANKSGIVING. THE FAIR HAS BECOME A MUCH-ANTICIPATED EVENT AS IT ALLOWS PEOPLE TO GET A HEAD START ON THEIR HOLIDAY SHOPPING BY PURCHASING ONE-OF-A-KIND GIFTS FOR FRIENDS AND FAMILY. THE EVENT WAS SCHEDULED TO TAKE PLACE ON NOVEMBER 27-28, 2021 BUT HAD TO BE CANCELLED DUE TO THE DCC CAMPUS BEING CLOSED TO THE PUBLIC BECAUSE OF COVID 19. INVITED PARTICIPANTS WOULD HAVE INCLUDED ARTISTS FROM OUR PREVIOUS YEARS, ALONG WITH NEW ARTISTS. THE JURIED FAIR FEATURES WORK FROM ARTISTS WHO HAND-CRAFT THEIR OWN ITEMS. SOME OF THE PIECES ARE CONSIDERED FINE ART. ADDITIONALLY, THERE ARE MANY SPECIALTY FOOD VENDORS. THE DCC FOUNDATION ANNUAL CRAFT FAIR BRINGS ALMOST 2,000 ATTENDEES TO CAMPUS FOR THE OPPORTUNITY TO FIND ITEMS THAT YOU CAN'T FIND ANYWHERE ELSE. GALA: THE DUTCHESS COMMUNITY COLLEGE FOUNDATION COMMUNITY'S BRIDGE TO THE FUTURE GALA WAS HELD AT THE GRANDVIEW IN POUGHKEEPSIE, NY ON MARCH 26, 2022. THE COLLEGE TRULY IS THE BRIDGE THAT MANY IN OUR COMMUNITY NEED TO REACH THEIR GOALS. THERE WERE 376 PEOPLE AT THE EVENT THAT HONORED INDIVIDUALS: SHIRLEY ROBERTS BRERETON '88, ANTHONY DIMASO '65, JOAN DIMASO '68, ELLEN M. GAMBINO '74, MARTIN CHARWAT, AND THINK AHEAD PROGRAM PARTNERS: DUTCHESS COUNTY GOVERNMENT, ABILITIES FIRST INC., THE ARC OF DUTCHESS, MAPLEBROOK SCHOOL AND TACONIC RESOURCES FOR INDEPENDENCE. SHIRLEY, ANTHONY, JOAN AND ELLEN WERE INDUCTED INTO THE ALUMNI HALL OF FAME FOR THEIR OUTSTANDING PROFESSIONAL CONTRIBUTIONS AND THEIR COMMITMENT TO OUR COMMUNITY. WE HONORED MARTIN WITH THE BERNARD HANDEL COMMUNITY LEADERSHIP AWARD, WHICH IS PRESENTED TO MEMBERS OF OUR COMMUNITY WHO IMPROVE LIVES IN DUTCHESS COUNTY THROUGH THEIR LEADERSHIP AND VOLUNTEER WORK WITH LOCAL NOT-FOR-PROFIT ORGANIZATIONS. WE HONORED THE THINK AHEAD PROGRAM PARTNERS WITH THE BRIDGE TO THE FUTURE AWARD, WHICH WAS ESTABLISHED TO RECOGNIZE INDIVIDUALS AND ORGANIZATIONS WHO HAVE HAD, AND WILL HAVE, A MEASURABLE IMPACT ON OUR COMMUNITY AND WHO HAVE AND WILL ENHANCE THE QUALITY OF LIFE FOR THOSE WHO LIVE AND WORK IN THE MID-HUDSON VALLEY. OUR COMMUNITY'S BRIDGE TO THE FUTURE GALA RAISES MONEY TO SUPPORT THE MISSION OF THE DUTCHESS COMMUNITY COLLEGE FOUNDATION. GOLF TOURNAMENT: 32ND ANNUAL DUTCHESS COMMUNITY COLLEGE FOUNDATION GOLF TOURNAMENT AND DINNER IN MEMORY OF JACK ORCUTT WAS HELD ON MAY 23, 2022 AT THE LINKS AT UNION VALE. THERE WERE 24 FOURSOMES AT THE GOLF TOURNAMENT. THIS EVENT HELPS TO SUPPORT THE MISSION OF THE FOUNDATION AS WELL BY PROVIDING THE NECESSARY FUNDING TO SUPPORT IMPORTANT EDUCATION INITIATIVES. 835452 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 13 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL CA CO KY ME MD MA MI MN NV NH NJ NY ND OH OK OR SC UT WA WV WI DC X X DONNA ROCAP ASSOCIATE VICE PRESIDENT 8454318400 53 PENDELL ROAD POUGHKEEPSIE NY 12601 SHIRLEY BRERETON DIRECTOR 2.00 X 0 0 0 BETSY BROWN DIRECTOR / BOT LIASON 2.00 X 0 0 0 MICHAEL CAMPAGNA DIRECTOR 2.00 X 0 0 0 RYAN FOHL DIRECTOR 2.00 X 0 0 0 RAYMOND FREDA DIRECTOR/CHAIR 2.00 X X 0 0 0 JACQUELINE GOFFE-MCNISH DIRECTOR 2.00 X 0 0 0 LINDA MELTON MANN DIRECTOR 2.00 X 0 0 0 RITA MCPECK DIRECTOR 2.00 X 0 0 0 KIP BLEAKLEY O'NEILL DIRECTOR 2.00 X 0 0 0 DICK REITANO DIRECTOR 2.00 X 0 0 0 DAVID WISE DIRECTOR 2.00 X 0 0 0 FRANK CASTELLA DIRECTOR/TRUSTEE LIASION 2.00 X 0 0 0 PAUL CONRAD DIRECTOR 2.00 X 0 0 0 TAMIA COX DIRECTOR 2.00 X 0 0 0 BOB DIETZ DIRECTOR 2.00 X 0 0 0 CAROL GORDON DIRECTOR 2.00 X 0 0 0 MICHAEL GRAHAM TREASURER 2.00 X X 0 0 0 PETER JORDAN DCC PRESIDENT 2.00 X 0 82703 28928 DAVID P KELLY DIRECTOR 2.00 X 0 0 0 RICHARD KLEBAN DIRECTOR 2.00 X 0 0 0 SUSAN MOORE SECRETARY 2.00 X X 0 0 0 LISA MORRIS DIRECTOR/VICE-CHAIR 2.00 X X 0 0 0 VINCENT NUNZIATO DIRECTOR 2.00 X 0 0 0 ADAM PODPORA DIRECTOR 2.00 X 0 0 0 SHERRE WESLEY DIRECTOR 2.00 X 0 0 0 DIANA POLLARD EXECUTIVE DIRECTOR 35.00 X 0 108341 32944 0 191044 61872 0 0 0 0 0 63250 41000 873361 222277 977611 350350 350350 5137430 4702884 434546 434546 434546 257569 63250 181850 75719 75719 1838226 0 0 860615 574111 574111 7700 7700 63434 63434 15827 349 3730 11748 1120 921 199 84261 7502 19906 56853 7096 7096 2383 2383 3177 595 2582 SUPPLIES 216833 215650 1183 PRIZES 73519 1227 72292 MISCELLANEOUS 45210 28908 16302 FOOD 9978 6542 3436 4879 874 3735 270 1109528 835452 132714 141362 300 300 845133 1387147 46215 31381 75 500 101063 41246 43382 43382 0 0 16318105 13236134 17310891 14696708 68353 62801 183424 5560 251777 68361 X 1688927 1169810 15370187 13458537 17059114 14628347 17310891 14696708 728698 -3159465 0 X X 0 1 X 1 0 X 1128748 863462 878844 1177962 977610 5026626 1128748 863462 878844 1177962 977610 5026626 333036 4693590 444305 273573 257418 229712 290888 1495896 13 -4 9 6522531 0.71960 0.67190 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2017 AMOUNT: $ 13. 2020 AMOUNT: $ -4. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 14307209 542060 -2011441 271666 12566162 11842694 312647 2413936 262068 14307209 10987134 117901 1089357 351698 11842694 10926630 67655 189015 259520 10987134 10227274 246765 813064 360473 10926630 0.02000 0.86000 0.12000 0 0 5700 5700 0 37682 37682 0 0 X -671407 -3159465 531416 181850 -2446199 1774792 63434 63434 1838226 1759360 531416 181850 713266 1046094 63434 63434 1109528 PART III, LINE 1A: THE FOUNDATION HAS A COLLECTION OF ARTWORK THAT IS ON PUBLIC DISPLAY AT DUTCHESS COMMUNITY COLLEGE. THE FOUNDATION HAS ADOPTED A POLICY IN WHICH THE COLLECTION OF ARTWORK IS NOT CAPITALIZED AND RECOGNIZED AS AN ASSET. ACCORDINGLY, PURCHASES OF ARTWORK ARE A REDUCTION OF NET ASSETS IN THE PERIOD WHEN PURCHASED. PROCEEDS FROM SALES OR INSURANCE RECOVERIES ARE RECORDED AS INCREASES IN NET ASSETS WHEN RECEIVED. PART III, LINE 4: THE FOUNDATION HAS A COLLECTION OF ARTWORK THAT IS ON PUBLIC DISPLAY AT DUTCHESS COMMUNITY COLLEGE TO ENHANCE THE LEARNING ENVIRONMENT THROUGHOUT THE CAMPUS. ALL ITEMS WITHIN THE COLLECTION WERE DONATED TO THE FOUNDATION FOR USE AS DISPLAYED ARTWORK. THE FOUNDATION DOES NOT INTEND TO SELL THE ARTWORK, BUT PLANS TO MAINTAIN THE COLLECTION FOR FUTURE GENERATIONS. PART V, LINE 4: THE FOUNDATION'S INTENDED USE OF ENDOWMENT FUNDS IS TO PROVIDE LONG-TERM SUPPORT FOR ITS CHARITABLE PROGRAMS AND TO PRESERVE THE PURCHASING POWER OF THE CORPUS AND INSULATE PROGRAM SPENDING FROM FLUCTUATIONS IN CAPITAL MARKETS. SPECIFICALLY, THE FOUNDATION'S INTENDED USE OF THE ENDOWMENT FUNDS IS FOR THE PROVISION OF GENERAL SCHOLARSHIPS AND GRANTS TO STUDENTS ATTENDING DUTCHESS COMMUNITY COLLEGE AS WELL AS 25 GRADUATE SCHOLARSHIPS TO STUDENTS FURTHERING THEIR STUDIES. PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO AUGUST 31, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 181,850. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 181,850. GOLF TOURNAMENT 57253 6627 50626 10083 7200 19571 GALA 262276 56623 205653 51558 6145 85864 1 1290 1290 1429 320819 63250 257569 61641 13345 106864 181850 75719 1 DUTCHESS COMMUNITY COLLEGE 53 PENDELL ROAD POUGHKEEPSIE NY 12601 146012314 501(C)(3) 558876 0 EDUCATIONAL SUPPORT OF STUDENTS SUNY NEW PALTZ 1 HAWK DRIVE NEW PALTZ NY 12561 146013200 501(C)(3) 4900 0 EDUCATIONAL SUPPORT OF STUDENTS DUTCHESS COMMUNITY COLLEGE ASSOCIATION 53 PENDELL ROAD POUGHKEEPSIE NY 12601 141438943 501(C)(3) 10335 0 HOUSING SUPPORT OF STUDENTS PART I, LINE 2: THE FOUNDATION PROCESSES AND APPROVES ALL REIMBURSEMENTS OF GRANT FUNDS TO DUTCHESS COMMUNITY COLLEGE. THE COLLEGE DOES NOT RECEIVE THE FUNDS DIRECTLY. THE FUNDS MUST GO THROUGH THE FOUNDATION. GRANT FUNDS ARE MONITORED BY THE COLLEGE ADMINISTRATION FOR COMPLIANCE WITH GRANT AGREEMENTS AND APPLICABLE GOVERNMENT REGULATIONS. X 3239 COST X 3 215650 FAIR VALUE X 3 281 COST X GIFT CARDS AND CERTIFICATES 74 23595 COST X MUSICAL INSTRUMENTS 1 50 COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B A PAPER COPY OF THE DRAFT OF THE FORM 990 IS REVIEWED BY THE FOUNDATION'S FINANCE COMMITTEE AND BOARD OF DIRECTORS, AND THE ADMINISTRATION PERSONNEL AND EXECUTIVES OF THE FOUNDATION PRIOR TO FILING. IF THERE ARE ANY ISSUES OR QUESTIONS, THESE ITEMS WILL BE DISCUSSED WITH THE ACCOUNTANTS PREPARING THE RETURN. ONCE THESE ISSUES AND QUESTIONS ARE RESOLVED, THE BOARD WILL APPROVE THE RETURN AND WILL NOTIFY THE ACCOUNTANTS THAT IT MAY BE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY AFFIRM COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. NEW APPOINTEES ARE REQUIRED TO ACKNOWLEDGE ACCEPTANCE OF THE POLICY UPON APPOINTMENT. INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY CONFLICTS THAT MAY EXIST WHEN MATTERS COME UP FOR DELIBERATION OR DECISION, AND TO RECUSE THEMSELVES FROM THE PROCESS WHEREVER A CONFLICT MAY EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR, OFFICERS, AND KEY EMPLOYEES ARE NOT COMPENSATED BY THE FOUNDATION, BUT THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES ARE COMPENSATED BY AN RELATED ORGANIZATION, DUTCHESS COMMUNITY COLLEGE ("DCC"). KEY EMPLOYEES, WHOSE TIME IS STRICTLY DEVOTED TO THE FOUNDATION, ARE COVERED UNDER A UNION CONTRACT. THE EXECUTIVE DIRECTOR IS A MANAGEMENT CONFIDENTIAL EMPLOYEE OF DCC. MANAGEMENT CONFIDENTIAL SALARIES ARE DETERMINED BY THE PRESIDENT AND DCC'S BOARD OF TRUSTEES AND APPROVED WITH A BOARD RESOLUTION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE AS IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, FORM 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 53, PENDELL ROAD, POUGHKEEPSIE, NY 12601, OR BY CALLING THE FOUNDATION DIRECTLY AT 845-431-8400. PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE YEAR. DUTCHESS COMMUNITY COLLEGE 53 PENDELL ROAD POUGHKEEPSIE NY 12601 146012314 COMMUNITY COLLEGE EDUCATION NY 0 DUTCHESS COMMUNITY COLLEGE ASSOCIATION 53 PENDELL ROAD POUGHKEEPSIE NY 12601 141438943 TO SUPPORT FACULTY AND STUDENTS OF COLLEGE NY 501(C)(3) LINE 12A, I DUTCHESS COMMUNITY COLLEGE 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 DUTCHESS COMMUNITY COLLEGE ASSOCIATION C 41000 DUTCHESS COMMUNITY COLLEGE B 392000 DUTCHESS COMMUNITY COLLEGE ASSOCIATION P 65000