2023-07-13T14:58:45-05:00 2022-08-31 750786316 WEAVER AND TIDWELL LLP 2821 W 7TH STREET SUITE 700 FORT WORTH TX 76107 990 2021-09-01 752277475 TARRANT COUNTY COLLEGE FOUNDATION TARR 8175155277 300 TRINITY CAMPUS CIRCLE FORT WORTH TX 76102 LAURE O'NEAL EXECUTIVE DIRECTOR 8175155376 2023-07-13 1 LAURE ONEAL 999009999 KIRBY ROSS P00298143 4055949200 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z STEPHANIE DUELM CPA 300 TRINITY CAMPUS CIRCLE FORT WORTH TX 76102 10821531 0 X HTTP://WWW.TCCD.EDU/FOUNDATION X 1988 TX SUPPORT FOR TCC PROGRAMS AND STUDENT AID, ADVANCING WORKFORCE DEVELOPMENT AND STRENGTHENING THE REGION. 18 18 0 100 0 0 1732635 1544337 0 0 1302171 1137710 0 0 3034806 2682047 2293869 1978667 0 0 0 0 0 0 0 248589 329289 2542458 2307956 492348 374091 35706902 30676960 17272572 15340542 18434330 15336418 TARRANT COUNTY COLLEGE FOUNDATION'S COMMUNITY AND CORPORATE RELATIONSHIPS PROVIDE FINANCIAL SUPPORT FOR TCC PROGRAMMING AND STUDENT AID, ADVANCING WORKFORCE DEVELOPMENT AND STRENGTHENING THE REGION. 0 0 1978667 1978667 FUNDS WERE GRANTED TO TARRANT COUNTY COLLEGE DISTRICT TO AWARD SCHOLARSHIPS TO INDIVIDUAL STUDENTS AND TO SUPPORT COLLEGE PROGRAMS. 1978667 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 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 1 1 0 X X STEPHANIE DUELM 8175155123 300 TRINITY CAMPUS CIRCLE FORT WORTH TX 76102 X ZAK ANDERSEN BOARD MEMBER 1.00 X 0 0 0 CULLEN GREEN BOARD MEMBER 1.00 X 0 0 0 CONRAD HEEDE BOARD MEMBER 1.00 X 0 0 0 GARY FICKES BOARD MEMBER 1.00 X 0 0 0 LYDIA GUAJARDO RICKARD VICE CHAIR 1.00 X X 0 0 0 DANIEL VILLEGAS TREASURER 1.00 X X 0 0 0 KENNETH BARR BOARD MEMBER 1.00 X 0 0 0 JEFF DAVIS BOARD MEMBER 1.00 X 0 0 0 NORA FRASIER SECRETARY 1.00 X X 0 0 0 MICHAEL KLEIN BOARD MEMBER 1.00 X 0 0 0 JANET HAHN CHAIR 1.00 X X 0 0 0 KAREN THORNTON CHAIR 1.00 X X 0 0 0 LARRY ANFIN DIRECTOR 1.00 X 0 0 0 TERESA AYALA DIRECTOR 1.00 X 0 0 0 MERCEDES BOLEN DIRECTOR 1.00 X 0 0 0 DR JAIME GONZALEZ DIRECTOR 1.00 X 0 0 0 ADELINE ROGERS DIRECTOR 1.00 X 0 0 0 JONI WILSON DIRECTOR 1.00 X 0 0 0 C JOE MCINTOSH EXECUTIVE DIRECTOR 50.00 X 149473 0 16040 KRISTEN BENNETT EXECUTIVE VP OF ADVANCEMENT 50.00 X 181542 0 21785 331015 0 37825 0 0 0 1 0 1544337 88509 1544337 483940 483940 8793254 8139484 653770 653770 653770 2682047 0 0 1137710 1978667 1978667 51115 51115 70494 70494 1044 1044 192203 192203 1969 1969 5177 5177 OTHER OPERATING EXPENSE 7287 7287 2307956 1978667 329289 0 401040 138652 85747 155208 18970362 15687104 16249753 14695996 35706902 30676960 1022819 644546 16249753 14695996 17272572 15340542 X 2722914 1934227 15711416 13402191 18434330 15336418 35706902 30676960 374091 -3571030 99027 0 X X 0 1 X 1 0 X 2634262 2580544 3253492 1732635 1643364 11844297 788047 804577 815437 780726 843410 4032197 3422309 3385121 4068929 2513361 2486774 15876494 769028 15107466 804528 396890 366632 345807 483940 2397797 18274291 0.82670 0.83800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6248775 119960 -867659 168957 84820 5247299 5313186 98589 1034285 197285 6248775 5108712 118443 233669 147638 5313186 5622948 74475 -416092 172619 5108712 5321877 157301 282206 138436 5622948 0 0 0 FUNDS HELD IN TRUST FOR TCC 14695996 14695996 FUNDS HELD IN TRUST FOR TCC 14695996 14695996 X -17040 -3571030 942437 -2628593 2611553 70494 70494 2682047 3080872 843410 843410 2237462 70494 70494 2307956 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GAAP REQUIRES THAT THE FOUNDATION RECOGNIZE IN ITS FINANCIAL STATEMENTS THE FINANCIAL EFFECTS OF A TAX POSITION, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS OF THE POSITION. GAAP ALSO PROVIDES GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. TAX POSITIONS TAKEN RELATED TO THE FOUNDATION'S NOT-FOR-PROFIT STATUS HAVE BEEN REVIEWED AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN BY THE FOUNDATION WOULD MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS. AS OF AUGUST 31, 2022, THE FOUNDATION'S TAX YEARS 2018 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION. 1 TARRANT COUNTY COLLEGE DISTRICT 1500 HOUSTON STREET FORT WORTH TX 76102 751217163 501(C)(3) 1978667 0 FUNDS WERE GRANTED TO TARRANT COUNTY COLLEGE DISTRICT TO AWARD SCHOLARSHIPS TO INDIVIDUAL STUDENTS AND OTHER PROGRAMS. 1 PART I, LINE 2: FUNDS GRANTED TO TARRANT COUNTY COLLEGE DISTRICT FOR SCHOLARSHIPS AWARDED, CAMPUS PROGRAMS, AND GRANTS ARE MONITORED THROUGH DETAILED RECONCILIATIONS. 0 0 0 0 0 0 0 0 0 KRISTEN BENNETT EXECUTIVE VP OF ADVANCEMENT 181542 0 0 0 0 0 0 0 21785 0 203327 0 0 0 C JOE MCINTOSH EXECUTIVE DIRECTOR 149473 0 0 0 0 0 0 0 16040 0 165513 0 0 0 FORM 990, PART VII, LINE 5 SALARIES AND BENEFITS ARE PAID BY TARRANT COUNTY COLLEGE, AN UNRELATED TAX-EXEMPT ORGANIZATION TO EXECUTIVE DIRECTOR CLIFFORD MCINTOSH AND EXECUTIVE VP OF ADVANCEMENT KRISTEN BENNETT FOR SERVICES RENDERED TO TARRANT COUNTY COLLEGE FOUNDATION. THESE PAYMENTS ARE INCLUDED IN THE IN-KIND EXPENSES LISTED IN THE RECONCILIATION ON SCHEDULE D. TARRANT COUNTY COLLEGE USES A WRITTEN EMPLOYMENT CONTRACT AND COMPENSATION STUDY TO DETERMINE THE COMPENSATION FOR CLIFFORD MCINTOSH AND KRISTEN BENNETT. X 5754 PURCHASE VALUE X 3 14845 PURCHASE VALUE X PROMOTIONAL ITEMS 1 36119 PURCHASE VALUE X PRINTED MATERIALS 1 12003 PURCHASE VALUE X SUPPLIES 4 10284 PURCHASE VALUE X MISCELLANEOUS 3 7216 X OTHER EXPENSES 3 2537 PURCHASE VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY FINANCIAL STAFF FOR COMPLETENESS AND ACCURACY. THE FINANCE COMMITTEE REVIEWS THE RETURN AND A COPY IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS WHO HAVE A CONFLICT OF INTEREST ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY AND ACTUAL CONFLICTS AS THEY ARISE. THIS IS REVIEWED FOR COMPLETENESS AND ACCURACY. FORM 990, PART VI, SECTION B, LINE 15 OFFICER AND KEY EMPLOYEES' SALARIES ARE PAID THROUGH THE TARRANT COUNTY COLLEGE AND ARE SET UTILIZING COMPARABILITY DATA IN ORDER TO ENSURE THAT EMPLOYEES ARE PAID COMMENSURATE WITH THEIR RESPONSIBILITIES AND PERFORMANCE. THIS PROCESS IS CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 1023 APPLICATION FOR EXEMPTION IS AVAILABLE UPON REQUEST. THE ANNUAL FORM 990 IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C FINANCE COMMITTEE RESPONSIBILITIES AND PROCEDURES ARE UNCHANGED FROM PRIOR YEARS.