2022-05-16T16:19:39-05:00 2021-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2020-07-01 561374039 PIEDMONT COMMUNITY COLLEGE FOUNDATION PIED 3365991181 PO BOX 1101 ROXBORO NC 27573 JANE LONG TREASURER 3365991181 2022-05-16 1 JANE LONG 999009999 AMANDA ADAMS P00748038 7043771678 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ELIZABETH TOWNSEND PO BOX 1101 ROXBORO NC 27573 771104 0 X WWW.PIEDMONTCC.EDU X 1979 NC THE PCC FOUNDATION PLACES TOP PRIORITY ON PROVIDING FINANCIAL SUPPORT IN THE FORM OF SCHOLARSHIPS AND PROGRAM FUNDING TO STUDENTS, FACULTY, AND STAFF AT PIEDMONT COMMUNITY COLLEGE. THROUGH CONTRIBUTIONS AND EVENT SPONSORSHIPS FROM INDIVIDUALS, BUSINESSES, AND CIVIC ORGANIZATIONS IN AND AROUND OUR LOCAL COMMUNITY, THESE FUNDS HAVE BEEN ALLOCATED TO PROVIDE STUDENT SCHOLARSHIPS, FACULTY AND STAFF DEVELOPMENT AND EXCELLENCE AWARDS, MINI-GRANTS FOR INNOVATIVE PROJECTS AND COLLEGE, AMONG OTHER INITIATIVES. 19 16 0 0 0 0 499636 346063 0 0 53994 87959 7488 13152 561118 447174 75019 185353 0 0 0 0 0 0 24724 413202 259787 488221 445140 72897 2034 1926055 2393095 64483 129521 1861572 2263574 X THE PIEDMONT COMMUNITY COLLEGE FOUNDATION FOSTERS RELATIONSHIPS AND PROVIDES FUNDS TO SUPPORT STUDENTS, FACULTY, AND STAFF AT PCC AS THEY ACHIEVE THEIR EDUCATION AND CAREER GOALS. 0 0 184541 184541 SCHOLARSHIPS WERE AWARDED TO 105 STUDENTS IN THE AMOUNT OF $184,541. THESE SCHOLARSHIPS ARE FUNDED BY LOCAL BUSINESSES, ORGANIZATIONS, AND INDIVIDUALS. THE FOUNDATION ALSO ALLOCATES FUNDS TO ITS ANNUAL BUDGET TO SUPPORT THIS PROGRAM. 128853 SPECIAL ALLOCATIONS: RENOVATION PROJECTS AND NEW PROGRAM DEVELOPMENT MAY RECEIVE FUNDING FROM THE PCC FOUNDATION. INSTITUTIONAL PROJECTS THAT CAN NO LONGER BE FUNDED THROUGH THE STATE ARE GIVEN CONSIDERATION FROM THE PCC FOUNDATION. 6960 THE PCC FOUNDATION REWARDS FACULTY MEMBERS WHO GO ABOVE AND BEYOND IN THEIR PROGRAM OF STUDY. A PEER-BASED COMMITTEE REVIEWS THE SUBMITTED PORTFOLIOS AND MAKES AWARD RECOMMENDATIONS. UP TO TWO STAFF MEMBERS ARE SELECTED FROM A POOL OF NOMINATIONS TO RECEIVE THE STAFF EXCELLENCE AWARD EACH YEAR. THE RECIPIENTS OF THIS AWARD DEMONSTRATE A HIGH LEVEL OF COMMITTMENT TO THE INSTITUTION AND THE COMMUNITY. 1060 PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF WAS AWARDED TO THREE EMPLOYEES. THESE FUNDS ALLOW FACULTY AND STAFF TO TAKE A COURSE EXTERNALLY TO FURTHER THEIR EDUCATION TO A HIGHER DEGREE. ADDITIONALLY, THE FOUNDATION WILL PAY FOR ONE COURSE AT THE COLLEGE PER ACADEMIC YEAR FOR EMPLOYEES. 812 812 THE STUDENT INCENTIVE PROGRAM ENCOURAGES STUDENTS WHO EARN THEIR HIGH SCHOOL EQUIVALENCY DIPLOMA BY FUNDING THEIR FIRST PCC COURSE IN A DEGREE/DIPLOMA CURRICULUM OR SHORT-TERM TRAINING CLASS. FUNDING IS ALSO AVAILABLE TO STUDENTS WHO NEED ASSISTANCE PAYING FOR THE GED OR HISET TEST THROUGH THE ADULT BASIC SKILLS PROGRAM. 144 FRIENDS OF THE COLLEGE EVENTS ARE HELD IN AN EFFORT TO PROMOTE THE COLLEGE THROUGHOUT THE COMMUNITY. 2016 812 322370 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 16 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X ELIZABETH TOWNSEND 3363222104 PO BOX 1101 ROXBORO NC 27573 NIKKI WARD CHAIR 2.00 0.00 X X 0 0 0 ROB MILLER VICE CHAIR 2.00 0.00 X X 0 0 0 JANE LONG TREASURER 2.00 0.00 X X 0 0 0 DR PAMELA SENEGAL SECRETARY 2.00 39.00 X X 0 173445 42258 PHILLIP ALLEN PCC APPOINTED DIRECTOR 1.00 0.00 X 0 0 0 DR CHRIS ATKINS DIRECTOR 1.00 0.00 X 0 0 0 EMILY BUCHANAN DIRECTOR 1.00 39.00 X 0 70248 20951 WILL CARVER DIRECTOR 1.00 0.00 X 0 0 0 MICHELLE COLE DIRECTOR 1.00 0.00 X 0 0 0 MARK DUNCAN DIRECTOR, PAST CHAIR 1.00 0.00 X 0 0 0 TANYA EVANS PCC APPOINTED DIRECTOR 1.00 0.00 X 0 0 0 MINDY SATTERFIELD DIRECTOR 1.00 0.00 X 0 0 0 SAUNDRA SHOE DIRECTOR 1.00 0.00 X 0 0 0 SHARON SLAUGHTER DIRECTOR 1.00 0.00 X 0 0 0 ZEKE SMITH PCC APPOINTED DIRECTOR 1.00 0.00 X 0 0 0 DR SHELLY STONE-MOYE DIRECTOR 1.00 39.00 X 0 92493 25499 BRYAN WESTMORELAND DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN WILSON DIRECTOR 1.00 0.00 X 0 0 0 JAMES J WOODY JR PCC APPOINTED DIRECTOR 1.00 0.00 X 0 0 0 BETH TOWNSEND VP, ADV. & COMM. 19.00 20.00 X 0 14020 4102 CAPRICE LENGLE EXECUTIVE DIRECTOR (THRU 10/31/20) 39.00 0.00 X 0 64959 17487 0 415165 110297 0 0 1 0 0 346063 600 346063 36122 36122 368355 316518 51837 51837 51837 20564 7412 13152 13152 447174 0 0 101111 185353 185353 16000 16000 21187 21187 1976 1976 19291 19291 2484 2484 COLLEGE PROGRAMS 116639 116639 SHARED SERVICES 65629 15085 32814 17730 SPECIAL EVENTS 6994 6994 9587 5293 4294 445140 322370 98046 24724 144507 103820 166435 119009 38307 32035 1052 1052 8114 8114 24838 12420 14902 12418 1552738 2116647 1926055 2393095 807 807 63676 128714 64483 129521 X -11960 -169668 1873532 2433242 1861572 2263574 1926055 2393095 2034 399968 0 X 0 1 X 1 0 X 434621 252958 318507 499636 346063 1851785 112084 102074 110580 167718 492456 434621 365042 420581 610216 513781 2344241 208160 2136081 30802 34277 38918 36652 36122 176771 2521012 0.84730 0.84170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1751616 50074 466338 2268028 1597048 83513 71055 1751616 1441441 76018 138234 58645 1597048 1320549 70132 106665 55905 1441441 1043756 170224 160392 53823 1320549 0.08818 0.91182 0.00000 0 0 24838 12420 12418 12418 X 1001085 399968 167718 7412 575098 425987 21187 21187 447174 599083 167718 7412 175130 423953 21187 21187 445140 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF BOARD-DESIGNATED AND DONOR-RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXATION UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). IN ACCORDANCE WITH IRC REGULATIONS, THE FOUNDATION IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF THE FOUNDATION. THE FOUNDATION ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN THE FOUNDATION BELIEVES THAT THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS EVALUATED ALL TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN INCOME TAX POSITIONS AS OF JUNE 30, 2021 AND 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 7,412. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 7,412. GOLF CLASSIC 20564 20564 900 1221 3964 1327 20564 20564 900 1221 3964 1327 7412 13152 1 COLLEGE SCHOLARSHIPS 107 185353 PART I, LINE 2: THE STUDENT COMPLETES AN APPLICATION FORM. AFTER THE AWARD PROCESS, OUR OFFICE NOTIFIES THE FINANCIAL AID DEPARTMENT OF THE AWARD. THAT OFFICES PUTS THE AMOUNT OF THE AWARD ON THE STUDENT'S ACCOUNT. WHEN THE STUDENT REGISTERS OR PURCHASES BOOKS FROM THE COLLEGE BOOKSTORE, THOSE DEPARTMENTS CHARGE THE STUDENT'S ACCOUNT. THE BUSINESS OFFICE BILLS THE FOUNDATION FOR THE CHARGES AFTER THE SEMESTER BEGINS. OUR OFFICE VERIFIES THE CHARGES ARE WITHIN THE AWARD AMOUNT AND THE STUDENT'S ACCOUNT IN THE FOUNDATION IS REDUCED BY THE AMOUNT. THE FINANCIAL AID OFFICE IS NOTIFIED OF THE UPDATED AMOUNT AND THE PROCESS BEGINS AGAIN IF THERE ARE FUNDS REMAINING ON THE STUDENT'S ACCOUNT. 0 0 0 0 0 0 0 0 0 DR PAMELA SENEGAL SECRETARY 0 173445 0 0 0 0 0 35883 0 6375 0 215703 0 0 FORM 990, PART VI, SECTION A, LINE 7A AT LEAST ONE, BUT NOT MORE THAN FOUR, MEMBERS OF THE BOARD ARE APPOINTED BY THE BOARD OF TRUSTEES OF PIEDMONT COMMUNITY COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE TREASURER OF THE ORGANIZATION FOR REVIEW BEFORE IT IS PRESENTED AND MADE AVAILABLE TO THE FULL BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS ARE ASKED TO REVIEW THE POLICY AND SIGN OFF. ANY MEMBER OF THE BOARD THAT NEEDS TO MAKE A DISCLOSURE OF A CONFLICT OF INTEREST MUST DO SO TO THE BOARD OF DIRECTORS AS A WHOLE. ANY MEMBER WHO SUFFERS A CONFLICT OF INTEREST SHALL NOT BE ENTITLED TO VOTE, OR TO EXERCISE ANY INFLUENCE ON THE MATTER, NOR SHALL HE OR SHE BE COUNTED TOWARD DETERMINING A QUORUM. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE, ABSTENTION FROM THE VOTE, AND THE QUORUM STATUS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE AVAILABLE, UPON REQUEST, COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. PIEDMONT COMMUNITY COLLEGE 1715 COLLEGE DRIVE ROXBORO NC 27574 561374039 COMMUNITY COLLEGE NC 170(C)(1) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0