2023-10-30T07:34:29-05:00 2023-06-30 251622758 MAHER DUESSEL CPA'S 1800 LINGLESTOWN ROAD SUITE 306 HARRISBURG PA 17110 990 2022-07-01 237345298 CECIL COLLEGE FOUNDATION INC CECI 4012871146 ONE SEAHAWK DRIVE NORTH EAST MD 21901 KAREN URICOLI EXECUTIVE DIRECTOR 4012871146 2023-10-30 1 KAREN URICOLI 999009999 0 P00168809 7172321230 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAREN URICOLI ONE SEAHAWK DRIVE NORTH EAST MD 21901 13824344 0 X WWW.CECIL.EDU X 1973 MD PROVIDE FINANCIAL AID AND PROMOTE CECIL COLLEGE 23 23 0 38 0 0 1010464 2321513 0 0 542344 399710 48471 60708 1601279 2781931 284490 310323 0 0 0 0 0 0 20497 373330 219058 657820 529381 943459 2252550 8457863 11303942 226707 214658 8231156 11089284 X CECIL COLLEGE FOUNDATION, INC. IS THE PRIVATE FUNDING DEVELOPMENT ARM OF CECIL COLLEGE. IT SEEKS TO SUPPORT THE COLLEGE'S MISSION BY BRINGING TOGETHER COMMUNITY LEADERS OF AFFLUENCE AND INFLUENCE IN ALL AREAS OF CECIL COUNTY WHO WILL CREATE A DEVELOPMENT PLAN TO BRIDGE ANY FUNDING SHORTFALL IN THE COLLEGE'S ABILITY TO REACH ITS VISION. MEMBERS OF THE FOUNDATION WILL BE AMBASSADORS OF THE COLLEGE, BROADENING THE COLLEGE'S IMAGE WITHIN THE COMMUNITY AND CREATING PARTNERSHIPS WITH INDIVIDUALS, BUSINESSES, ORGANIZATIONS, AND FOUNDATIONS TO RAISE PRIVATE GIFTS FOR SCHOLARSHIPS, INSTRUCTIONAL EQUIPMENT, PROFESSIONAL DEVELOPMENT, AND CAPITAL NEEDS. 0 0 310323 310323 GRANTS AND ALLOCATIONS PROVIDE STUDENT AID THUS ASSISTING STUDENTS TO COMPLETE A DEGREE OR PROGRAM THAT LEADS TO CERTIFICATIONS OR LICENSURE 149661 ARTS AND ATHLETICS PROGRAM EXPENDITURES ARE PAID ON BEHALF OF THE COLLEGE TO HELP PROMOTE A WELL-ROUNDED, COMPREHENSIVE COLLEGE EXPERIENCE. 459984 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD X KAREN URICOLI EXECUTIVE DIRECTOR 4102871146 ONE SEAHAWK DRIVE NORTH EAST MD 21901 FRANK MITA CHAIR 0.50 X X 0 0 0 KENT METHVEN TREASURER; VICE CHAIR 0.50 X X 0 0 0 SHARON PELHAM SECRETARY 0.50 X X 0 0 0 GUY PALMERI DIRECTOR 0.50 X 0 0 0 WILLIAM DE FREITAS DIRECTOR 0.50 X 0 0 0 PATRICIA CROUCH DIRECTOR 0.50 X 0 0 0 JARED CROUSE DIRECTOR 0.50 X 0 0 0 BIJOY GHOSH DIRECTOR 0.50 X 0 0 0 DAVID MCGRATH DIRECTOR 0.50 X 0 0 0 JOHN METTEE DIRECTOR 0.50 X 0 0 0 SUSAN O'NEILL DIRECTOR 0.50 X 0 0 0 ROGER OWENS DIRECTOR 0.50 X 0 0 0 PATTI PAULUS DIRECTOR 0.50 X 0 0 0 BOBBY REYNOLDS DIRECTOR 0.50 X 0 0 0 JONATHAN SEIDENBERG DIRECTOR 0.50 X 0 0 0 SUELLLEN SCHEINER DIRECTOR 0.50 X 0 0 0 STANLEY BENSLEY DIRECTOR 0.50 X 0 0 0 JEFFREY EMMONS DIRECTOR 0.50 X 0 0 0 DJ WOOTSON DIRECTOR 0.50 X 0 0 0 TARA EDWARDS DIRECTOR 0.50 X 0 0 0 EMILY FALONE DIRECTOR 0.50 X 0 0 0 SARAH COLENDA TRUSTEE LIAISON 0.50 X 0 0 0 KAREN URICOLI EXECUTIVE DIRECTOR 40.00 X 0 86440 9499 0 86440 9499 0 0 0 0 0 21935 2299578 300000 2321513 243246 243246 11120600 10964136 156464 156464 156464 138985 21935 78277 60708 60708 2781931 0 0 460418 310323 310323 9368 9368 29795 29795 5058 5058 4148 4148 SUPPORT FOR COLLEGE PRO 149661 149661 DUES AND MEMBERSHIPS 18121 18121 DEVELOPMENT 2376 2376 OTHER 531 531 529381 459984 48900 20497 115124 221803 144578 105417 21378 11560 7888783 10665162 288000 300000 8457863 11303942 1379 225328 214658 226707 214658 X 1619578 2792482 6611578 8296802 8231156 11089284 8457863 11303942 2252550 605578 0 X 0 1 X 1 0 X X X 1 CECIL COLLEGE 520908863 5 1 400654 0 1 400654 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5978833 575536 862571 309523 25505 7081912 6374703 171939 -418801 108248 40760 5978833 5405184 411007 717913 106173 53228 6374703 5398682 125890 47903 110252 6627 50412 5405184 5477237 102624 131627 138344 127044 47418 5398682 0.85000 0.15000 0 0 0 ANNUITY PAYABLE 214658 214658 X 3768579 605578 332588 938166 2830413 29795 -78277 -48482 2781931 910451 332588 332588 577863 29795 -78277 -48482 529381 PART X, LINE 2: THE FOUNDATION HAD ADOPTED THE GUIDANCE IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740-10), WHICH PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DERECOGNITION OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO RECOGNIZES RELATED GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE FOUNDATION DOES NOT BELIEVE THAT THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR COSTS THAT SHOULD BE RECORDED. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE PART V, LINE 4 THE FOUNDATION'S ENDOWMENTS SUPPORT A VARIETY OF SCHOLARSHIPS AND PROGRAMS AT CECIL COLLEGE. GOLF OUTING 29913 618 29295 5760 3978 1004 GALA 95477 19727 75750 35590 6572 6950 7938 2 35530 1590 33940 6310 800 1400 1975 160920 21935 138985 47660 11350 8350 10917 78277 60708 1 SCHOLARSHIPS TO STUDENTS ARE SELECTED BY THE FOUNDATION BOARD WITH ASSISTANCE FROM ACADEMIC WORKS. 372 310323 PART I, LINE 2: FUNDS ARE NOT DISTRIBUTED OR AVAILABLE UNTIL ALL ELIGIBILITY REQUIREMENTS ARE MET BY RECIPIENTS. X 1000 125323 FMV X 1 300000 APPRAISAL 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD BEFORE BEING APPROVED TO BE ISSUED. ONCE ISSUED, A FINAL COPY IS PROVIDED TO MANAGEMENT AND THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS IMPLEMENTED THE FOLLOWING PROCEDURE FOR MAINTAINING UPDATED CONFLICT OF INTEREST POLICY INFORMATION. THE CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED AT THE FIRST MEETING OF THE FOUNDATION EACH NEW FISCAL YEAR. DIRECTORS ARE ASKED TO REVIEW THE POLICY AND CONFIRM BY SIGNATURE THAT NO CURRENT OR FUTURE (90 DAYS) CONFLICTS EXIST. FORM 990, PART VI, SECTION C, LINE 18 ALL POLICIES ARE AVAILABLE UPON WRITTEN OR VERBAL REQUEST. ADDITIONALLY, A PUBLIC COPY OF ANY POLICY WILL BE GIVEN TO ANYONE WHO VISITS THE FOUNDATION OFFICES AND REQUESTS A COPY OF BYLAWS, POLICIES, OR FINANCIAL STATEMENTS (PUBLIC COPY). FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CECIL COLLEGE ONE SEAHAWK DRIVE NORTH EAST MD 21091 520908863 EDUCATION MD 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0