2025-04-29T15:00:48-05:00 2024-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2023-07-01 953829219 COLLEGE OF THE DESERT FOUNDATION COLL 7607732561 43500 MONTEREY AVE PALM DESERT CA 92260 CATHERINE WILKINSON ABBOTT EXECUTIVE DIRECTOR 7607732561 2025-04-28 1 1 CATHERINE L GRAY CPA P01294460 9094664410 2025-04-28 2023 2025-03-06 01:10:19Z CATHERINE WILKINSON ABBOT 43500 MONTEREY AVE PALM DESERT CA 92260 40832298 0 X WWW.COLLEGEOFTHEDESERT.EDU/VISTORS/FOUNDATION X 1983 CA TO SECURE PHILANTHROPIC SUPPORT AND STEWARD ASSETS FOR THE COLLEGE OF THE DESERT 23 23 0 28 0 0 2566405 8659406 0 0 1085911 2444236 -174611 -105369 3477705 10998273 1423995 1491337 0 0 1066793 1655392 0 0 247354 712139 922201 3202927 4068930 274778 6929343 52675648 63708097 375942 403230 52299706 63304867 THE MISSION OF THE COLLEGE OF THE DESERT FOUNDATION IS TO ENHANCE THE QUALITY OF EDUCATION BY ADVANCING THE COLLEGE OF THE DESERT THROUGH BUILDING RELATIONSHIPS, SECURING PHILANTHROPIC SUPPORT AND STEWARDING ASSETS 0 0 3322610 1491337 TO PROVIDE PROGRAMMATIC FUNDING TO COLLEGE OF THE DESERT AND EDUCATIONAL SCHOLARSHIPS FOR COLLEGE OF THE DESERT STUDENTS. 3322610 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 18 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 7607732561 43500 MONTEREY AVE PALM DESERT CA 92260 WILLIAM S CHUNOWITZ CO PAST BOARD CHAIR 0.30 X X 0 0 0 BARBARA FROMM SECRETARY 0.30 X X 0 0 0 DIANE RUBIN CHAIR 0.30 X X 0 0 0 CHRISTINE ANDERSON CO PAST BOARD CHAIR 0.30 X X 0 0 0 NORMA CASTANEDA DIRECTOR 0.30 X 0 0 0 CHARLES TOWNSEND VINCO DIRECTOR (JULY-JAN) 0.30 X 0 0 0 CAROL BELL DEAN DIRECTOR 0.30 X 0 0 0 TOM MINDER CHAIR ELECT 0.30 X X 0 0 0 JAMES GREENE DIRECTOR 0.30 X 0 0 0 MARGE DODGE DIRECTOR 0.30 X 0 0 0 JOAN LAMB DIRECTOR 0.30 X 0 0 0 DONNA MACMILLAN DIRECTOR 0.30 X 0 0 0 JAKE WUEST TREASURER 0.30 X X 0 0 0 JANE SALTONSTALL DIRECTOR 0.30 X 0 0 0 CONNIE LURIE DIRECTOR (JULY-JAN) 0.30 X 0 0 0 CAROL FRAGEN DIRECTOR 0.30 X 0 0 0 ED GUBMAN DIRECTOR (FEB-JUNE) 0.30 X 0 0 0 PAUL HINKES DIRECTOR 0.30 X 0 0 0 MARLENE O'SULLIVAN DIRECTOR (JULY-JAN) 0.30 X 0 0 0 JAMES WILLIAMS DIRECTOR (JULY-JAN) 0.30 X 0 0 0 JAISHRI MEHTA DIRECTOR (FEB-JUNE) 0.30 X 0 0 0 BARBARA FOSTER MONACHINO DIRECTOR 0.30 X 0 0 0 RUBEN PEREZ DIRECTOR 0.30 X 0 2880 23 JENELL VANDENBOS DIRECTOR 0.30 X 0 0 0 DALE LANDON DIRECTOR 0.30 X 0 0 0 ROBERT MOON DIRECTOR 0.30 X 0 0 0 JERRY FOGELSON DIRECTOR (FEB-JUNE) 0.30 X 0 0 0 SHARI STEWART DIRECTOR 0.30 X 0 0 0 CORBIN WILD DIRECTOR 0.30 X 0 0 0 RAMRAGHI FULLER DIRECTOR (FEB-JUNE) 0.30 X 0 0 0 LAURA HOPE COLLEGE SUPERINTENDENT 0.30 X 0 157917 8379 ROD GARCIA DIRECTOR 0.30 X 0 187824 11534 CATHERINE WILKINSON ABBOTT EXECUTIVE DIRECTOR 1.00 40.00 X 0 226056 20436 0 574677 40372 0 0 1 0 THE COMPETIVE ADVANTAGEHR ADVANTAGE 73161 FRED WARING DRIVE SUITE 100 PALM DESERT CA 92260 MARKETING SERVICES 179761 MERRILL LYNCH 74-800 HIGHWAY 111 INDIAN WELLS CA 92210 INVESTMENT MANAGEMENT 139881 CERITY PARTNERS 601 S FIGUEROA ST SUITE 2000 LOS ANGELES CA 90017 INVESTMENT MANAGEMENT 120785 3 588486 8070920 39967 8659406 1496382 1496382 30571106 29623252 947854 947854 947854 105404 588486 210773 -105369 -105369 10998273 0 0 2338867 592525 592525 898812 898812 1655392 1357422 148985 148985 278691 278691 182079 138121 22627 21331 310968 254994 55974 14954 6729 8225 38780 11634 19390 7756 555 555 DEVELOPMENT 39606 31685 7921 EQUIPMENT AND MAINTENAN 26941 9429 13471 4041 RECOGNITION AND AWARDS 10701 10273 214 214 POSTAGE AND PRINTING 5707 4567 570 570 13219 6419 6238 562 4068930 3322610 498966 247354 4450141 8354191 182284 273942 62840 8966 760 0 23638 23638 0 0 47328521 54426916 651102 644082 52675648 63708097 370942 402340 5000 890 375942 403230 X 20619709 22543788 31679997 40761079 52299706 63304867 52675648 63708097 X 6929343 3992914 82904 X 0 1 X 1 0 X 1587371 19775942 2885801 2566405 8659406 35474925 1587371 19775942 2885801 2566405 8659406 35474925 35474925 804520 1596545 1022014 1085911 2444236 6953226 42428151 18343 0.83610 0.84700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 259074 259074 388611 64769 64769 97154 43464642 3540402 5505019 1314665 51195398 41494250 324139 2752158 1105905 43464642 27273860 19036028 -3794585 1021053 41494250 23948136 155502 3859696 689474 27273860 23746663 958314 756841 23948136 0.41000 0.59000 0 0 23638 23638 0 0 EQUITY BONDS AND MUTUAL FUNDS 54426916 F 54426916 X 15042228 3992914 118959 210773 4322646 10719582 278691 278691 10998273 4119971 118959 210773 329732 3790239 278691 278691 4068930 PART X, LINE 2: THE FOUNDATION HAS ADOPTED FASB ASC TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS-DIRECT EXPENSE 210,773. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS-DIRECT EXPENSE 210,773. STEPPING OUT FOR COD 582959 497489 85470 20000 13058 119979 24500 GREAT ALUMNI HUNT 102006 90997 11009 28900 2036 2 8925 8925 2300 693890 588486 105404 20000 15358 148879 26536 210773 -105369 1 DESERT COMMUNITY COLLEGE DISTRICT 43500 MONTEREY AVE PALM DESERT CA 92260 330535430 115 592525 0 TO PROVIDE FUNDS TO SPECIFIC COLLEGE OF THE DESERT DEPARTMENTS EDUCATIONAL SCHOLARSHIPS 2556 898812 PART I, LINE 2: THE OVERALL PROCESS FOR THE GRANTS AND SCHOLARSHIPS IS MONITORED BY THE BOARD OF DIRECTORS 0 0 0 0 0 0 0 0 0 CATHERINE WILKINSON ABBOTT EXECUTIVE DIRECTOR 0 226056 0 0 0 0 0 0 0 20436 0 246492 0 0 ROD GARCIA DIRECTOR 0 187824 0 0 0 0 0 0 0 11534 0 199358 0 0 LAURA HOPE COLLEGE SUPERINTENDENT 0 157917 0 0 0 0 0 0 0 8379 0 166296 0 0 NORMA CASTENEDA BOARD MEMBER 143190 HR ADVANTAGE OWNED BY NORMA CASTENEDA HIRED BY FOUNDATION FOR MARKETING SERVICES 0 X 3 39967 AVERAGE TRADING VALUE 0 1 1 PART I, COLUMN (B): THE NUMBER INDICATES THE NUMBER OF DONORS. PART I, LINE 32B: THE ORGANIZATION USES A MERRILL LYNCH ACCOUNT AS A GIFT RECEIVING ACCOUNT. FORM 990, PART VI, SECTION A, LINE 2 THE FOUNDATION HIRED THE COMPETIVE ADVANTAGE(HR ADVANTAGE) A COMPANY OWNED BY BOARD MEMBER NORMA CASTANEDA TO DEVELOP MARKETING STRATEGIES AND MARKETING COLLATERAL. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS PROVIDED TO THE TREASURER,THE EXECUTIVE DIRECTOR AND THE BOARD TO REVIEW AND APPROVE. ONCE IT IS APPROVED, THE EXECUTIVE DIRECTOR SIGNS THE RETURN TO BE FILED WITH THE IRS FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION PROVIDES EACH NEW DIRECTOR AND EMPLOYEE WITH A COPY OF THE CONFLICT OF INTEREST POLICY AND IT IS REVISED ANNUALLY. DISCLOSURE IS ON THE HONOR SYSTEM. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF/HERSELF FROM ALL DISCUSSION AND VOTING IN THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE IS HIRED AND EVALUATED BY THE PRESIDENT OF THE COLLEGE OF THE DESERT. THE BOARD USES A COMPENSATION PROGRESSION SCHEDULE PROVIDED BY THE COLLEGE OF THE DESERT. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES REQUIRED INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST DURING NORMAL BUSINESS HOURS AT THE CURRENT BUSINESS ADDRESS FORM 990, PART XI, LINE 9: CHANGE VALUE DEFERRED GIFTS 35,142. CHANGE IN VALUE FOR FOUNDATION FOR CALIFORNIA COMMUNITY COLLEGE 47,762.