2022-01-12T10:01:40-08:00 2021-08-31 742804360 Prothro Wilhelmi & Company PLLC 6855 Oak Hill Blvd Tyler TX 75703 990 2020-09-01 756046816 TYLER JUNIOR COLLEGE FOUNDATION TYLE 9035102868 PO BOX 9020 TYLER TX 75711 MITCH ANDREWS Executive Director 2022-01-12 true MITCH ANDREWS 999009999 Walter K Wilhelmi P00111966 9035348811 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z MITCH ANDREWS PO BOX 9020 TYLER TX 75711 8340760 false X WWW.TJC.EDU/FOUNDATION X 1965 TX The Tyler Junior College Foundation provides scholarship, program and capital support to ensure that TJC continues its legacy of excellence by successfully serving the educational and workforce needs of communities throughout East Texas. 27 27 0 50 0 4618407 3548891 0 2093572 4750604 37626 35330 6749605 8334825 5179283 8596641 0 0 0 118252 129423 233318 5308706 8829959 1440899 -495134 87883065 100211574 1296145 4410581 86586920 95800993 The Tyler Junior College Foundation provides scholarship, program and capital support to ensure that TJC continues its legacy of excellence by successfully serving the educational and workforce needs of communities throughout East Texas. false false 6292402 6292402 Support programs and projects to promote the mission of Tyler Junior College including expenditures for art, athletics, technology, international goodwill travel, library, nursing and other academics including emergency funding for COVID related initiatives. In addition, the foundation contributed funds for the construction of the Robert M. Rogers Nursing and Health Science building and the new Rogers Palmer Performing Arts Center construction costs. 2304239 2304239 Awarded more than 1482 scholarships from permanently and temporarily restricted funds to 1036 TJC students. These awards make it possible for many of the students to receive a college education which they could not otherwise afford, helping them to become leaders in their community. 8596641 true true false false false false false false false true true false false false true true true false false false false false false false true false false true true true false false false false false false false false true false false false false true false true false true 14 0 true 0 false false false false false true true false 0 false false false false false false false X 27 27 false false true false false false false true true false false true true true true true true false false false X X NANCY DAVIS 9035102868 PO BOX 9020 TYLER TX 75711 X MITCH ANDREWS Executive Dir. 40.00 0.00 X 0 134743 18195 BILL WONG COO 40.00 0.00 X 0 55597 10640 MARILYN ABEGG-GLASS Director 0.00 0.00 X 0 0 0 JEFF BUIE Director 0.00 0.00 X 0 0 0 AMY FAULCONER Director 0.00 0.00 X 0 0 0 TED WALTERS Director 0.00 0.00 X 0 0 0 ANNETTE FINDLEY Director 0.00 0.00 X 0 0 0 BARBARA BASS Director 0.00 0.00 X 0 0 0 LEE GIBSON Director 2.00 0.00 X 0 0 0 LAVERNE GOLLOB Director 0.00 0.00 X 0 0 0 BILLIE HARTLEY Director 0.00 0.00 X 0 0 0 JOYCE BUFORD Director 0.00 0.00 X 0 0 0 DR PAUL LATTA DDS Director 0.00 0.00 X 0 0 0 JIM LESTOR Director 0.00 0.00 X 0 0 0 MEL LOVELADY Director 0.00 0.00 X 0 0 0 ANDY NAVARRO VICE CHAIR 1.00 0.00 X X 0 0 0 JOSEPH ORNELAS Director 0.00 0.00 X 0 0 0 ANNE RHODUS Director 0.00 0.00 X 0 0 0 JOHN RIC FREEMAN Director 0.00 0.00 X 0 0 0 JAMES I PERKINS Director 0.00 0.00 X 0 0 0 SHERYL PALMER Director 0.00 0.00 X 0 0 0 SAM ROOSTH Director 0.00 0.00 X 0 0 0 TOM SEALE Treasurer 0.00 0.00 X X 0 0 0 DR SHERILYN WILLIS Secretary 0.00 0.00 X X 0 0 0 JIMMY MURPHY Director 0.00 0.00 X 0 0 0 DAVID MCCULLOUGH Director 0.00 0.00 X 0 0 0 BILLY HIBBS JR Chairman 2.00 0.00 X X 0 0 0 LAURA HYDE Director 0.00 0.00 X 0 0 0 VERNA HALL Director 0.00 0.00 X 0 0 0 190340 28835 0 false true false 0 109160 326025 3113706 255380 3548891 0 1368446 1368446 0 35330 35330 0 3382158 3382158 3382158 3382158 5935 109160 5935 0 0 0 0 8334825 4785934 6292402 6292402 2304239 2304239 0 0 0 0 0 0 0 0 0 0 20550 20550 0 0 0 75792 75792 0 0 0 0 0 0 0 0 118252 118252 0 0 3291 3291 CONTRACT SERVICES 8913 8913 REAL ESTATE TAXES 3646 3646 Other Expense 2874 2874 0 8829959 8596641 115066 118252 324146 33224 827376 710034 0 4204878 3742466 0 0 0 0 1161812 761509 605624 610354 605624 78957728 92464251 1754767 1851430 0 0 42004 43036 87883065 100211574 1209300 843461 86845 92120 3475000 1296145 4410581 X 17891826 28159766 68695094 67641227 86586920 95800993 87883065 100211574 -495134 9709203 4 X false true X true false X X 1 TYLER JUNIOR COLLEGE 756002676 2 true 6242492 0 1 6242492 0 true false false false false false false false false false false false false false false true true false X true true Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu the Tyler Junior College Foundation was organized and incorporated on January 18, 1965 for the purpose of stimulating voluntary private support from alumni, parents, friends, corporations, foundations and others for the benefit of Tyler Junior College. The Foundation exists to raise and manage private resources to support the mission and priorities of the College and to provide opportunities for students. Part IV, Section E, Line 2b: Reasons For The Organization's Position The Foundation is dedicated to assisting the College in building endowments and in addressing, through financial support, the long-term academic and other priorities of the College. The two main forms of financial support to the College are in grants made directly to the College and in scholarships to individuals so that they are able to attend the College. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 80924044 3091869 18947979 8596641 124187 123066 94119998 74147653 4678200 8017328 5179283 189216 550638 80924044 61031315 17106182 3319245 4252924 200675 2855490 74147653 48339809 13445919 2913255 2748574 176314 742780 61031315 45357337 3875189 3470151 3843576 205823 313469 48339809 0.28130 0.71870 true false false 605624 605624 605624 GOLLOB CHARITABLE TRUST 206421 F LINE OF CREDIT 3475000 3475000 X 18057963 9709203 8000 5935 9723138 8334825 8334825 8843894 8000 5935 13935 8829959 8829959 Part X : FIN48 Footnote NOTE 1 - FEDERAL INCOME TAX STATUSTHERE WERE NO UNCERTAIN TAX POSITIONS FOR WHICH THE FOUNDATION BELIEVES A LIABILITY SHOULD BE RECORDED AS OF AUGUST 31,2021 AND 2020. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 DONATIONS TO FUND EVENTS $5935 Part XII, Line 2d: Other expenses and losses per audited F/S DONATIONS TO FUND EVENTS $5935 false Golf Tourn. 115095 109160 5935 5935 115095 109160 5935 5935 5935 true Tyler Junior College P O Box 9020 Tyler TX 75711 6037022 255380 Replacement Cost Donated Goods Institutional Support 0 1 ACADEMIC SCHOLARSHIPS 1036 2304239 false false false false false false false false false MITCH ANDREWS Executive Dir. 134743 10721 7474 152938 X 1 117144 COUNTY APPRAISAL X GIFT CARDS 1 6595 COST X EDUCATIONAL EQUIPMENT 1 109245 RETAIL X SPORTS EQUIPMENT 1 15987 REPLACE COST X NUTCRACKER PROP 3 3350 REPLACE COST X GIFT CARDS 9 3059 COST false true false Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents During the fiscal year, the Board of Directors approved 4 resolutions. Resolution 30 authorizes the investment committee to allocate up to $1,000,000 in endowment earnings in excess of the spend rate to the TJC Promise Scholarship Endowment Fund. Resolution 30 was signed and notarized on 29 September, 2021.Resolution 31 sets the Foundation's endowment spending rate for the academic year 2021-2022 at 4.25% for endowed scholarship funds established to support the TJC Promise and Presidential Honors scholarship programs and 4.00% for remaining endowment funds. Spending will be based on market value based as per a twelve-quarter rolling average between 9/1/2017 and 8/31/2020. The Blended rate is 4.077%. Resolution 31 was signed and notarized on 23 September, 2021.Resolution 32 authorizes the Investment Committee to allocate up to $500,000 in endowment earnings in excess of the spend rate to the TJC NOW fund subject to the limitations of the resolution. Resolution 32 was signed and notarized on 23 September, 2021.Resolution 33 authorizes the Investment Committee to allocate up to $1,000,000 in endowment earnings in excess of the spend rate to the TJC PROMISE Scholarship Endowed fund subject to the limitations and terms of the resolution. Resolution 33 was signed and notarized on 23 September, 2021. Form 990, Part VI, Line 11b: Form 990 Review Process The IRS Form 990 is reviewed by the Chief Financial Officer for the Foundation andthe Executive Director of the Foundation. The President of the Foundation and theExecutive Committee review the form prior to submission to the IRS. The Form 990 ismade available to each voting member of the Foundation's Board of Directors. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Foundation monitors enforcement of the Conflict of Interest policy on an annualbasis. All board members must sign a conflict of interest statement disclosing anypotential conflicts of interest. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Documents are available upon request. TYLER JUNIOR COLLEGE PO BOX 9020 TYLER TX 75711 756002676 HIGHER EDUCATION TX N/A false TYLER JUNIOR COLLEGE PO BOX 9020 TYLER TX 75711 756002676 HIGHER EDUCATION TX N/A false false true false false false false false false false false false false false true true false false false false TYLER JUNIOR COLLEGE b 6037022 CASH TYLER JUNIOR COLLEGE n 192361 COST TYLER JUNIOR COLLEGE o 817714 COST TYLER JUNIOR COLLEGE b 255380 FMV Related party services provided: Tyler Junior College provides substantially all administrative staff and supplies to the Foundation at no cost. Cost to Tyler Junior College for staff and supplies was $1,010,075. This is reflected in Part V, Lines 1(n) and 1(o)