SANDHILLS COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SANDHILLS COMMUNITY COLLEGE FOUNDATION INC (EIN 56-0946799)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-15
IRS object ID
202541359349310364
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T13:26:50-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561965804PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1THOMAS JUDY & TUCKER PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1404 HUNT STREET SUITE 100AddressLine1Txt
CityDURHAMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27701ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN560946799EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SANDHILLS COMMUNITY COLLEGE FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSANDBusinessNameControlTxt
Phone9106953706PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13395 AIRPORT ROADAddressLine1Txt
CityPINEHURSTCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28374ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR ALEXANDER M STEWARTPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9106953706PhoneNum
Signature2025-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKRISTEN HOYLE CPAPreparerPersonNm
PTINP00118964PTIN
Phone9195717055PhoneNum
Preparation2025-05-02PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR ALEXANDER M STEWARTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13395 AIRPORT ROADAddressLine1Txt
CityPINEHURSTCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28374ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,953,779GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressSANDHILLS.EDU/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1969FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionPROMOTE AND SUPPORT THE MISSION OF SANDHILLS COMMUNITY COLLEGE BY RAISING FUNDS FROM THE COMMUNITY.ActivityOrMissionDesc
Voting Members Governing Body35VotingMembersGoverningBodyCnt
Voting Members Independent35VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers60TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,547,230PYContributionsGrantsAmt
CY Contributions Grants$3,852,134CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,092,366PYInvestmentIncomeAmt
CY Investment Income$2,374,492CYInvestmentIncomeAmt
PY Other Revenue$131,789PYOtherRevenueAmt
CY Other Revenue$110,257CYOtherRevenueAmt
PY Total Revenue$3,771,385PYTotalRevenueAmt
CY Total Revenue$6,336,883CYTotalRevenueAmt
PY Grants And Similar Paid$1,892,887PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,131,645CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$537,801PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$607,550CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,341,775PYOtherExpensesAmt
CY Other Expenses$1,582,676CYOtherExpensesAmt
PY Total Expenses$3,772,463PYTotalExpensesAmt
CY Total Expenses$4,321,871CYTotalExpensesAmt
PY Revenues Less Expenses-$1,078PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,015,012CYRevenuesLessExpensesAmt
Total Assets BOY$46,514,169TotalAssetsBOYAmt
Total Assets EOY$52,985,109TotalAssetsEOYAmt
Total Liabilities BOY$1,054,608TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,073,286TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$45,459,561NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$51,911,823NetAssetsOrFundBalancesEOYAmt
MissionTO PROMOTE THE MISSION OF SANDHILLS COMMUNITY COLLEGE IN THE COMMUNITY AND SEEK FINANCIAL SUPPORT FROM THE COMMUNITY. THE FOUNDATION ENSURES THAT DONATED FUNDS ARE INVESTED WISELY AND DISBURSED IN WAYS THAT CONTRIBUTE TO THE ONGOING EXCELLENCE OF SANDHILLS COMMUNITY COLLEGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,047,049ExpenseAmt
Grant$2,131,645GrantAmt
Revenue$76,282RevenueAmt
DescTO PROMOTE THE MISSION OF SANDHILLS COMMUNITY COLLEGE IN THE COMMUNITY AND SEEK FINANCIAL SUPPORT FROM THE COMMUNITY.Desc
Total Program Service Expenses$4,047,049TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members35GoverningBodyVotingMembersCnt
Independent Voting Member35IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDJ FARMER-EXECUTIVE VICE PRESIDENTPersonNm
Phone9106953706PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13395 AIRPORT ROADAddressLine1Txt
CityPINEHURSTCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28374ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
SUSAN FLETCHER
DIRECTOR1.00Yes (X)$0$0$0
SALLY BOLD FRICK
DIRECTOR1.00Yes (X)$0$0$0
KATHY JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
MARY MARGARET MCNEILL
DIRECTOR1.00Yes (X)$0$0$0
KATHY MCPHERSON
DIRECTOR1.00Yes (X)$0$0$0
CATHY MILLIGAN
DIRECTOR1.00Yes (X)$0$0$0
IRISH PICKETT
DIRECTOR1.00Yes (X)$0$0$0
JEFF YOW
DIRECTOR1.00Yes (X)$0$0$0
LIZ SKVARLA
DIRECTOR1.00Yes (X)$0$0$0
DAVE WEISS
DIRECTOR1.00Yes (X)$0$0$0
MEREDITH CLIFTON
DIRECTOR1.00Yes (X)$0$0$0
MARY CLOONAN
DIRECTOR1.00Yes (X)$0$0$0
ARLENE DIOSEGY
DIRECTOR1.00Yes (X)$0$0$0
BOB MCCANN
DIRECTOR1.00Yes (X)$0$0$0
REV DR PAUL MURPHY
DIRECTOR1.00Yes (X)$0$0$0
TERRY BROWN
DIRECTOR1.00Yes (X)$0$0$0
ROSA RONALTER
DIRECTOR1.00Yes (X)$0$0$0
DAVID WORONOFF
DIRECTOR1.00Yes (X)$0$0$0
LARRY CADDELL
TRUSTEE CHAIR2.00Yes (X)$0$0$0Yes (X)
JON GILES
BOARD VICE CHAIR2.00Yes (X)$0$0$0Yes (X)
JOHN WILLIAMS
DEVELOPMENT COMMITTEE CHAIR2.00Yes (X)$0$0$0Yes (X)
LINDA BRANCH
SECRETARY2.00Yes (X)$0$0$0Yes (X)
STAN BRADSHAW
TREASURER2.00Yes (X)$0$0$0Yes (X)
RITA DINAPOLI
DIRECTOR1.00Yes (X)$0$0$0
DR NANCY ELLIS
DIRECTOR1.00Yes (X)$0$0$0
PENNY ENROTH
DIRECTOR1.00Yes (X)$0$0$0
DR PAMELA GUEST
DIRECTOR1.00Yes (X)$0$0$0
BOB LOVELL
DIRECTOR1.00Yes (X)$0$0$0
KONNI MCMURRAY
DIRECTOR1.00Yes (X)$0$0$0
HELEN PROBST MILLS
DIRECTOR1.00Yes (X)$0$0$0
DICK PHELPS
DIRECTOR1.00Yes (X)$0$0$0
CHARLIE MEYER
DIRECTOR1.00Yes (X)$0$0$0
DAVE WEISS
DIRECTOR1.00Yes (X)$0$0$0
TOM BEDDOW
DIRECTOR1.00Yes (X)$0$0$0
PAT MOLAMPHY
DIRECTOR1.00Yes (X)$0$0$0
DR GERMAINE ELKINS
DIRECTOR OF FOUNDATION1.00$0$121,886$36,351Yes (X)40.00
DR ALEXANDER MCLEOD STEWART
PRESIDENT SANDHILLS COMMUNITY COLLEGE1.00$0$105,171$32,907Yes (X)40.00
ELIZABETH THOMAS
DIRECTOR OF FINANCE1.00$0$129,223$38,999Yes (X)40.00
DR DAVID FARMER
EXECUTIVE VICE PRESIDENT OF OPERATIONS0.00$0$0$0Yes (X)40.00
JJ JACKSON
BOARD CHAIR2.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$356,280TotReportableCompRltdOrgAmt
Total Other Compensation$108,257TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,852,134AllOtherContributionsAmt
Noncash Contributions$142,205NoncashContributionsAmt
Total Contributions$3,852,134TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,092,198TotalRevenueColumnAmt
Exclusion$2,092,198ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,866,110SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$4,583,816SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$282,294SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$282,294TotalRevenueColumnAmt
Exclusion$282,294ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$67,055FundraisingGrossIncomeAmt
Fundraising Direct Expenses$33,080FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,975TotalRevenueColumnAmt
Exclusion$33,975ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$76,282TotalRevenueColumnAmt
Related Or Exempt Func Income$76,282RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$76,282OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,336,883TotalRevenueColumnAmt
Related Or Exempt Func Income$76,282RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,408,467ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$665,679TotalAmt
Program Services$665,679ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,465,966TotalAmt
Program Services$1,465,966ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$458,054TotalAmt
Program Services$446,970ProgramServicesAmt
Management And General$11,084ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$81,487TotalAmt
Program Services$78,765ProgramServicesAmt
Management And General$2,722ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$41,224TotalAmt
Program Services$39,312ProgramServicesAmt
Management And General$1,912ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$26,785TotalAmt
Program Services$25,967ProgramServicesAmt
Management And General$818ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$160TotalAmt
Management And General$160ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,449TotalAmt
Program Services$2,375ProgramServicesAmt
Management And General$6,074ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$15,423TotalAmt
Program Services$15,423ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,260,328TotalAmt
Program Services$1,206,802ProgramServicesAmt
Management And General$53,526ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$78,567TotalAmt
Program Services$2,764ProgramServicesAmt
Management And General$75,803ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
PUBLIC RELATIONS$122,723$122,723
REPAIRS & MAINTENANCE$97,026$97,026

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,321,871TotalAmt
Program Services$4,047,049ProgramServicesAmt
Management And General$274,822ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,551,042BOYAmt
EOY$1,894,258EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$56,950BOYAmt
EOY$127,906EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,922BOYAmt
EOY$6,523EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$13,307BOYAmt
EOY$7,396EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$42,887,948BOYAmt
EOY$50,949,026EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$46,514,169BOYAmt
EOY$52,985,109EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,054,608BOYAmt
EOY$1,073,286EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,054,608BOYAmt
EOY$1,073,286EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$1,914,561BOYAmt
EOY$1,931,472EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$43,545,000BOYAmt
EOY$49,980,351EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$45,459,561BOYAmt
EOY$51,911,823EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$46,514,169BOYAmt
EOY$52,985,109EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,015,012ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$4,437,250NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,626,220CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,834,834CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,153,962CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,224,497CurrentTaxYearMinus1YearAmt
Current Tax Year$3,852,134CurrentTaxYearAmt
Total$22,691,647TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,626,220CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,834,834CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,153,962CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,224,497CurrentTaxYearMinus1YearAmt
Current Tax Year$3,852,134CurrentTaxYearAmt
Total$22,691,647TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,989,892SubstantialContributorsTotAmt
Public Support Total170$17,701,755PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$647,772CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$524,415CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$530,315CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$861,959CurrentTaxYearMinus1YearAmt
Current Tax Year$2,092,198CurrentTaxYearAmt
Total$4,656,659TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$88,552CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$56,541CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$62,403CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$84,365CurrentTaxYearMinus1YearAmt
Current Tax Year$76,282CurrentTaxYearAmt
Total$368,143TotalAmt
FieldValueIRS element (for citing)
Total Support$27,716,449TotalSupportAmt
Gross Receipts Rltd Activities$342,061GrossReceiptsRltdActivitiesAmt
Public Support CY1700.63870PublicSupportCY170Pct
Public Support PY1700.61800PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
ANNUITY CONTRACTS$666,840F
MUTUAL FUNDS$50,282,186F
FieldValueIRS element (for citing)
Total Book Value Securities$50,949,026TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescANNUITY PAYABLEDesc
Amt$1,073,286Amt
FieldValueIRS element (for citing)
Total Liability$1,073,286TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$11,420,681TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$4,437,250NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$613,628DonatedServicesAndUseFcltsAmt
Other Revenue$33,080OtherRevenueAmt
Revenue Not Reported$5,083,958RevenueNotReportedAmt
Revenue Subtotal$6,336,723RevenueSubtotalAmt
Investment Expenses Not Incld$160InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$160RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,336,883TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,968,419TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$613,628DonatedServicesUseFcltsAmt
Other Expenses Included$33,080OtherExpensesIncludedAmt
Expenses Not Reported$646,708ExpensesNotReportedAmt
Expenses Subtotal$4,321,711ExpensesSubtotalAmt
Investment Expenses Not Incld2$160InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$160ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,321,871TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 33,080.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 33,080.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$67,055GrossReceiptsEvent1Amt
Gross Revenue Event1$67,055GrossRevenueEvent1Amt
Other Direct Expenses Event1$33,080OtherDirectExpensesEvent1Amt
Gross Receipts Total$67,055GrossReceiptsTotalAmt
Gross Revenue Total Events$67,055GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$33,080OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$33,080DirectExpenseSummaryEventsAmt
Net Income Summary$33,975NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SANDHILLS COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13395 AIRPORT ROADAddressLine1Txt
CityPINEHURSTCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28374ZIPCd
FieldValueIRS element (for citing)
Recipient EIN560797051RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$665,679CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantFINANCIAL SUPPORTPurposeOfGrantTxt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient1023RecipientCnt
Cash Grant$1,465,966CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHERE IS A MONTHLY REVIEW OF GRANT FUNDS AND GRANT EXPENDITURES. THESE EXPENDITURES ARE COMPARED TO THE FUND AUTHORITY TO MAKE SURE THE FUNDS ARE SPENT FOR THEIR INTENDED PURPOSE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ELIZABETH THOMAS
DIRECTOR OF FINANCE$0$129,223$0$0$0$0$0$32,881$0$6,118$0$168,222$0$0
DR GERMAINE ELKINS
DIRECTOR OF FOUNDATION$0$121,886$0$0$0$0$0$30,902$0$5,449$0$158,237$0$0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution6ContributionCnt
Noncash Contributions Rpt F990$142,205NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FORM 990 IS PRESENTED TO BOARD MEMBERS PRIOR TO BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12CWHEN A CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF DIRECTORS, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE BOARD OF DIRECTORS AND THAT PERSON SHALL NOT VOTE ON THE MATTER. ADDITIONALLY, THAT PERSON SHALL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION AND SHALL RETIRE FROM THE ROOM DURING THE VOTE OF THE BOARD OF DIRECTORS. WHEN THERE IS DOUBT AS TO WHETHER A CONFLICT EXISTS, THE MATTER SHALL BE RESOLVED BY VOTE OF THE BOARD OF DIRECTORS, EXCLUDING THE PERSON CONCERNING THE SITUATION OF DOUBT HAS ARISEN.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:NEITHER PROCESS HAS CHANGED FROM THE PRIOR YEAR

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
SANDHILLS COMMUNITY COLLEGE
3395 AIRPORT ROADPINEHURSTNC28374560797051EDUCATIONNC501(C)(3)LINE 20
FRANCIS F RAINEY EDUCATION FOUNDATION
3395 AIRPORT ROADPINEHURSTNC28374566164909SCHOLARSHIP ASSISTANCENC501(C)(3)PF0SANDHILLS COMMUNITY COLLEGE FOUNDATION
SHELDON SCHOLARSHIP FUND
3395 AIRPORT ROADPINEHURSTNC28374566045116SCHOLARSHIP ASSISTANCENC501(C)(3)PF0SANDHILLS COMMUNITY COLLEGE FOUNDATION
CHARLES F HERMAN EDUCATIONAL FUND
3395 AIRPORT ROADPINEHURSTNC28374566090151SCHOLARSHIP ASSISTANCENC501(C)(3)PF0SANDHILLS COMMUNITY COLLEGE FOUNDATION
WILLIAM EDWARD STARNES EDUCATIONAL FUND
3395 AIRPORT ROADPINEHURSTNC28374566099413SCHOLARSHIP ASSISTANCENC501(C)(3)PF0SANDHILLS COMMUNITY COLLEGE FOUNDATION
ETHEL M HEINA EDUCATIONAL FUND
3395 AIRPORT ROADPINEHURSTNC28374566114717SCHOLARSHIP ASSISTANCENC501(C)(3)PF0SANDHILLS COMMUNITY COLLEGE FOUNDATION
GORDON H AND RUTH A CLARK EDUCATIONAL FUND
3395 AIRPORT ROADPINEHURSTNC28374566045119SCHOLARSHIP ASSISTANCENC501(C)(3)PF0SANDHILLS COMMUNITY COLLEGE FOUNDATION
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SANDHILLS COMMUNITY COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$665,679InvolvedAmt
Method Of Amount DeterminationCOSTMethodOfAmountDeterminationTxt

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