MIAMI DADE COLLEGE FOUNDATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MIAMI DADE COLLEGE FOUNDATION INC (EIN 59-6169745)
- Tax period
- 2022-04-01 to 2023-03-31
- Filed
- 2023-12-13
- IRS object ID
- 202333479349300408
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-12-13T09:12:44-05:00 | ReturnTs |
| Tax Period End | 2023-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 650321690 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANTHONY BRUNSON PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3350 SW 148th Avenue Suite 110 | AddressLine1Txt |
| City | Miramar | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 596169745 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIAMI DADE COLLEGE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MIAM | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NE 2ND AVENUE | AddressLine1Txt |
| City | Miami | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33132 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Nelson Hincapie | PersonNm |
| Person Title | Chief Executive | PersonTitleTxt |
| Phone | 3052373240 | PhoneNum |
| Signature | 2023-12-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Nelson | PersonFirstNm |
| Person Last | Hincapie | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Anthony Brunson | PreparerPersonNm |
| PTIN | P01868716 | PTIN |
| Phone | 9548741721 | PhoneNum |
| Preparation | 2023-12-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Nelson Hincapie | PrincipalOfficerNm |
| Gross Receipts | $62,545,638 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | MDCFOUNDATION.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | A direct support organization for Miami Dade College (see Schedule O for additional information) | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $20,511,538 | PYContributionsGrantsAmt |
| CY Contributions Grants | $29,294,658 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $524,012 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $543,023 | CYProgramServiceRevenueAmt |
| PY Investment Income | $11,061,257 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,341,155 | CYInvestmentIncomeAmt |
| PY Other Revenue | $107,890 | PYOtherRevenueAmt |
| CY Other Revenue | $541,101 | CYOtherRevenueAmt |
| PY Total Revenue | $32,204,697 | PYTotalRevenueAmt |
| CY Total Revenue | $35,719,937 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $24,461,051 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $16,172,313 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,047,305 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,632,496 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,692,985 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,741,886 | PYOtherExpensesAmt |
| CY Other Expenses | $12,159,470 | CYOtherExpensesAmt |
| PY Total Expenses | $37,250,242 | PYTotalExpensesAmt |
| CY Total Expenses | $30,964,279 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$5,045,545 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,755,658 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $252,930,016 | TotalAssetsBOYAmt |
| Total Assets EOY | $236,523,698 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $27,901,347 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,866,122 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $225,028,669 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $217,657,576 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | A direct support organization for Miami Dade College (see Schedule O for additional information) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $16,585,724 | ExpenseAmt |
| Desc | The Foundation awarded numerous scholarships during the current year with a vast majority to students attending Miami Dade College. The remaining scholarships were awarded to graduates of the College for further studies at other colleges and universities.A significant number of scholarship recipients are considered low income and live below the federal poverty level. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $10,244,164 | ExpenseAmt |
| Desc | The Foundation also supports donor funded facility projects, events, programs and cultural activities of the College such as the Miami Film Festival and Miami Book Fair. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $26,829,888 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 110 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Nelson Hincapie | PersonNm |
| Phone | 3052373240 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NE 2nd Avenue RM 1427 | AddressLine1Txt |
| City | Miami | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33132 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Madeline Pumariega | |||||||||
| Miami Dade College President | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $507,300 | $0 | ||
| Dr Malou Harrison | |||||||||
| Executive | 2.00 | 0.00 | Yes (X) | $0 | $325,241 | $0 | |||
| Nelson Hincapie | |||||||||
| CEO | 40.00 | 0.00 | Yes (X) | $228,158 | $0 | $0 | |||
| Ana Martinez | |||||||||
| Director | 40.00 | 0.00 | $143,884 | $0 | $0 | Yes (X) | |||
| Ivonne Hernandez | |||||||||
| Controller | 40.00 | 0.00 | $132,719 | $0 | $0 | Yes (X) | |||
| Julia Vives | |||||||||
| Chief Operating Officer | 40.00 | 0.00 | $113,566 | $0 | $0 | Yes (X) | |||
| Adlar Garcia | |||||||||
| Director | 40.00 | 0.00 | $105,079 | $0 | $0 | Yes (X) | |||
| Marta J Mitzenmacher | |||||||||
| Chief Financial Officer | 40.00 | 0.00 | $80,270 | $0 | $0 | Yes (X) | |||
| Dr Penny S Shaffer | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Nelson R Mezerhane | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Beatrice Louissaint | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Lynn Hackney | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Eloise Gonzalez | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Michael Bileca | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| David M Arditi | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Tere Blanca | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Dr Anay M Abraham | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Sheldon T Anderson | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Miquel G Farra | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Julie Greiner | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Rene Hagen | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Joseph A Fernandez | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Arthur J Furia | |||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Carlos R Fernandez-Guzman | |||||||||
| Vice Chair | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Alfredo Salas | |||||||||
| Chairman | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Toby B Rohrer | |||||||||
| Secretary | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Julie Grimes | |||||||||
| Immediate Past Chairperson | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Henry Fleches | |||||||||
| Treasurer | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Jose Sirven | |||||||||
| Director | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Reginald J Clyne | |||||||||
| Director | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Efrain A Monzon | |||||||||
| Director | 0.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $803,676 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $832,541 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Membership Dues | $18,500 | MembershipDuesAmt |
| Fundraising | $663,166 | FundraisingAmt |
| All Other Contributions | $28,612,992 | AllOtherContributionsAmt |
| Total Contributions | $29,294,658 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Contributed Services | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $543,023 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $543,023 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $543,023 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,753,221 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,753,221 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $29,413,635 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,825,701 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,587,934 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,587,934 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,587,934 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $663,166 | ContriRptFundraisingEventAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Securities lending | 900001 | $21,101 | $21,101 |
| Other Income | 900099 | $520,000 | $520,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $541,101 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,719,937 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,425,279 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,550 | TotalAmt |
| Program Services | $8,550 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,163,763 | TotalAmt |
| Program Services | $16,163,763 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $803,676 | TotalAmt |
| Program Services | $160,735 | ProgramServicesAmt |
| Management And General | $241,103 | ManagementAndGeneralAmt |
| Fundraising | $401,838 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,828,820 | TotalAmt |
| Program Services | $365,764 | ProgramServicesAmt |
| Management And General | $548,646 | ManagementAndGeneralAmt |
| Fundraising | $914,410 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,408 | TotalAmt |
| Management And General | $12,408 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,322 | TotalAmt |
| Management And General | $167,322 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $713,950 | TotalAmt |
| Management And General | $713,950 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,416,409 | TotalAmt |
| Program Services | $1,098,345 | ProgramServicesAmt |
| Management And General | $318,064 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,518 | TotalAmt |
| Program Services | $260,518 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,208 | TotalAmt |
| Program Services | $130,374 | ProgramServicesAmt |
| Management And General | $56,755 | ManagementAndGeneralAmt |
| Fundraising | $10,079 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,817 | TotalAmt |
| Program Services | $6,936 | ProgramServicesAmt |
| Management And General | $83,729 | ManagementAndGeneralAmt |
| Fundraising | $137,152 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,118 | TotalAmt |
| Program Services | $24,714 | ProgramServicesAmt |
| Management And General | $45,620 | ManagementAndGeneralAmt |
| Fundraising | $61,784 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,428 | TotalAmt |
| Program Services | $156,601 | ProgramServicesAmt |
| Management And General | $6,207 | ManagementAndGeneralAmt |
| Fundraising | $1,620 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Activities & Events | $851,025 | $526,689 | $158,234 | $166,102 |
| Direct Program Support | $7,926,899 | $7,926,899 | ||
| Provision for Doubtful AC | $89,368 | $89,368 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,964,279 | TotalAmt |
| Program Services | $26,829,888 | ProgramServicesAmt |
| Management And General | $2,441,406 | ManagementAndGeneralAmt |
| Fundraising | $1,692,985 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | Yes (X) | JointCostsInd |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,808,427 | BOYAmt |
| EOY | $9,460,212 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,678,540 | BOYAmt |
| EOY | $7,578,824 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,499,421 | BOYAmt |
| EOY | $553,377 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,919,933 | BOYAmt |
| EOY | $136,944,155 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,595,795 | BOYAmt |
| EOY | $81,048,831 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $427,900 | BOYAmt |
| EOY | $938,299 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $252,930,016 | BOYAmt |
| EOY | $236,523,698 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $926,803 | BOYAmt |
| EOY | $709,383 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,974,544 | BOYAmt |
| EOY | $18,156,739 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,901,347 | BOYAmt |
| EOY | $18,866,122 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,853,729 | BOYAmt |
| EOY | $50,732,169 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,174,940 | BOYAmt |
| EOY | $166,925,407 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,028,669 | BOYAmt |
| EOY | $217,657,576 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $252,930,016 | BOYAmt |
| EOY | $236,523,698 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,755,658 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$12,126,751 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,990,410 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,141,207 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,928,968 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,742,245 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,612,992 | CurrentTaxYearAmt |
| Total | $101,415,822 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,990,410 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,141,207 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,928,968 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,742,245 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,612,992 | CurrentTaxYearAmt |
| Total | $101,415,822 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $37,086,516 | SubstantialContributorsTotAmt |
| Public Support Total170 | $64,329,306 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,553,858 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,330,744 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,128,157 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,502,812 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,753,221 | CurrentTaxYearAmt |
| Total | $12,268,792 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $7,438 | CurrentTaxYearMinus3YearsAmt |
| Total | $7,438 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $339,263 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $733,554 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $285,679 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $114,019 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $559,601 | CurrentTaxYearAmt |
| Total | $2,032,116 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $115,724,168 | TotalSupportAmt |
| Public Support CY170 | 0.55590 | PublicSupportCY170Pct |
| Public Support PY170 | 0.62140 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $3,500 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $3,500 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $101,417,195 | BeginningYearBalanceAmt |
| Contributions | $1,264,044 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,664,467 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,480,430 | OtherExpendituresAmt |
| Administrative Expenses | $1,017,430 | AdministrativeExpensesAmt |
| End Year Balance | $96,518,912 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $101,419,351 | BeginningYearBalanceAmt |
| Contributions | $383,900 | ContributionsAmt |
| Investment Earnings Or Losses | $4,124,100 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,546,020 | OtherExpendituresAmt |
| Administrative Expenses | $964,136 | AdministrativeExpensesAmt |
| End Year Balance | $101,417,195 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $77,484,358 | BeginningYearBalanceAmt |
| Contributions | $2,443,165 | ContributionsAmt |
| Investment Earnings Or Losses | $25,818,988 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,768,628 | OtherExpendituresAmt |
| Administrative Expenses | $1,558,532 | AdministrativeExpensesAmt |
| End Year Balance | $101,419,351 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $81,864,607 | BeginningYearBalanceAmt |
| Contributions | $3,599,210 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,680,847 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,624,094 | OtherExpendituresAmt |
| Administrative Expenses | $1,560,321 | AdministrativeExpensesAmt |
| End Year Balance | $77,598,555 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $92,614,298 | BeginningYearBalanceAmt |
| Contributions | $449,119 | ContributionsAmt |
| Investment Earnings Or Losses | $7,639,391 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,077,569 | OtherExpendituresAmt |
| Administrative Expenses | $2,456,615 | AdministrativeExpensesAmt |
| End Year Balance | $95,168,624 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Securities lending collateral | $11,578,853 | F |
| Smith BarneyMorgan Stanley | $14,724,134 | F |
| Ironwood | $20,638,497 | F |
| American Value Realty | $10,890,077 | F |
| Highbrook | $2,439,793 | F |
| SPIA | $20,277,363 | F |
| Harbour Vest | $500,114 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $81,048,831 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Assets | Desc |
| Book Value | $938,299 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $938,299 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Due to College | $6,577,886 |
| Securities Lending Payable | $11,578,853 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $18,156,739 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $22,879,235 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$12,126,751 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$12,126,751 | RevenueNotReportedAmt |
| Revenue Subtotal | $35,005,986 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $713,951 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $713,951 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $35,719,937 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,250,329 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $30,250,329 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $713,951 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $713,951 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $30,964,280 | TotalExpensesPerForm990Amt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Hall of Fame | Event1Nm |
| Gross Receipts Event1 | $688,966 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $130,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $558,966 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $161,509 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $688,966 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $130,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $558,966 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $161,509 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $161,509 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $397,457 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Watson Institute | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1310 College Avenue ste100 | AddressLine1Txt |
| City | Boulder | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80302 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 461001797 | RecipientEIN |
| Cash Grant | $8,550 | CashGrantAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Purpose Of Grant | Educational Assistance | PurposeOfGrantTxt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships & Student Aid | GrantTypeTxt |
| Recipient | 11959 | RecipientCnt |
| Cash Grant | $16,163,763 | CashGrantAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| Dr Malou Harrison | ||||
| Executive | $325,241 | $325,241 | ||
| Madeline Pumariega | ||||
| Miami Dade College President | $507,300 | $507,300 | ||
| Nelson Hincapie | ||||
| CEO | $228,158 | $228,158 | ||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990 governing body review Part VI line 11 | The BODs audit committee reviews the annual tax return form 990 prior to its issuance |
| Conflict of interest policy compliance Part VI line 12c | The Secretary of the Board of Directors reviews annual disclosure statements to determine whether any conflict of interest exists among Trustees; if so the audit committee chair and executive committee members monitor such activity throughout the year. |
| CEO executive director top management comp Part VI line 15a | College holds responsibility for salary recommendations for executive team members of the College |
| Other officer or key employee compensation Part VI line 15b | Compensation is reviewed and approved by the Board of Trustees after studies of compensation plans of like institutions |
| Governing documents etc available to public Part VI line 19 | Public notice is published for all Board meetings and minutes are available upon request |
| Part III response or note to any other line in Part III | Description of the Organizations MissionMiami Dade College Foundation is a Florida Not-For-Profit corporation formed to serve as a direct support oranization, as defined in section 1004.70 of the Florida statues, of Miami Dade College, which is legally separate but financially accountable to the College.The Foundation was organized and operates exclusively to receive,hold,invest,and administer property and to make expenditures to,or for the benefit of the College including educational and cultural events. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Miami Dade College | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NE 2nd Avenue | AddressLine1Txt |
| City | Miami | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33132 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591210485 | EIN |
| Primary Activities | College | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Exempt Code Section | 501c | ExemptCodeSectionTxt |
| Public Charity Status | 2 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Direct Controlling NADirectControllingNACd |
|---|
| Miami Dade College |
| N/A |
| Miami Dade College |
| N/A |
| Miami Dade College |
| N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Miami Dade College | ||
| p | $22,077,117 | Fair Market Value |
| Miami Dade College | ||
| k | $123,568 | Fair Market Value |
| Miami Dade College | ||
| m | $419,455 | Faair Market Value |
Comments