2021-04-05T09:33:51-05:00 2020-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2019-07-01 561374039 PIEDMONT COMMUNITY COLLEGE FOUNDATION PIED 3365991181 PO BOX 1101 ROXBORO NC 27573 ELIZABETH TOWNSEND VICE PRESIDENT 3365991181 2021-03-31 1 AMANDA ADAMS P00748038 7043771678 2019 2022-09-23 18:48:47Z ELIZABETH TOWNSEND PO BOX 1101 ROXBORO NC 27573 932363 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 15 0 0 0 0 318507 499636 0 0 53540 53994 23135 7488 395182 561118 137341 75019 0 0 0 0 0 0 62141 242267 413202 379608 488221 15574 72897 1860598 1926055 108971 64483 1751627 1861572 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 75019 75019 SCHOLARSHIPS WERE AWARDED TO 98 STUDENTS IN THE AMOUNT OF $75,019. THIS INCLUDED GENERAL STUDENTS, AMBASSADORS AND HIGH SCHOOL EQUIVALENCY STUDENTS WHO RECEIVED FUNDING FOR THEIR FIRST CURRICULUM COURSE AT THE COLLEGE. THESE SCHOLARSHIPS ARE FUNDED BY LOCAL BUSINESSES, ORGANIZATIONS, AND INDIVIDUALS. THE FOUNDATION ALSO ALLOCATES FUNDS TO ITS ANNUAL BUDGET TO SUPPORT THIS PROGRAM. 237531 SPECIAL ALLOCATIONS: RENOVATION PROJECTS AND NEW PROGRAM DEVELOPMENT MAY RECEIVE FUNDING FROM THE PCC FOUNDATION. FRIENDS OF THE COLLEGE EVENTS ARE HELD IN AN EFFORT TO PROMOTE THE COLLEGE THROUGHOUT THE COMMUNITY. INSTITUTIONAL PROJECTS THAT CAN NO LONGER BE FUNDED THROUGH THE STATE ARE GIVEN CONSIDERATION FROM THE PCC FOUNDATION. 4874 FACULTY AND STAFF EXCELLENCE PROGRAMS: 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 COMMITMENT TO THE INSTITUTION AND THE COMMUNITY. 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. THE PCC FOUNDATION OFFERS FUNDING TO STUDENTS WHO EXPERIENCE AN EMERGENCY THAT JEOPARDIZES THEIR ABILITY TO COMPLETE THEIR SEMESTER. THIS MAY INCLUDE TRANSPORTATION, CHILD CARE, AND OTHER SIMILAR NEEDS. FRIENDS OF THE COLLEGE EVENTS ARE HELD IN AN EFFORT TO PROMOTE THE COLLEGE THROUGHOUT THE COMMUNITY. 1412 PROFESSIONAL DEVELOPMENT: THE PCC FOUNDATION PROVIDES FUNDING FOR PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR FULL-TIME AND PART-TIME FACULTY AND STAFF AT PCC. THIS PROGRAM BENEFITS THE COLLEGE'S EMPLOYEES, AS WELL AS THE STUDENT AND COMMUNITY BY MAINTAINING A HIGH LEVEL OF QUALITY IN INSTRUCTION AND SERVICES.THIS FISCAL YEAR PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF WAS AWARDED TO TWO 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. THE FOUNDATION FUNDS THIS PROGRAM THROUGH UNRESTRICTED GIFTS AND BUDGETS $3,500 ANNUALLY. 1412 318836 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 15 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 173140 38148 PHILLIP ALLEN DIRECTOR 1.00 0.00 X 0 0 0 CHRIS ATKINS DIRECTOR 1.00 0.00 X 0 0 0 EMILY BUCHANAN DIRECTOR 1.00 39.00 X 0 65004 24277 WILL CARVER DIRECTOR 1.00 0.00 X 0 0 0 MICHELLE COLE DIRECTOR 1.00 0.00 X 0 54166 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 SHELLY STONE-MOYE DIRECTOR 1.00 39.00 X 0 89724 14863 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 CAPRICE LENGLE EXECUTIVE DIRECTOR 39.00 0.00 X 0 85008 18553 0 467042 95841 0 0 1 0 0 499636 9070 499636 36652 36652 365373 348031 17342 17342 17342 30702 23214 7488 7488 561118 0 0 61482 75019 75019 11700 11700 19124 19124 4830 4830 18906 18906 20 20 2484 2484 COLLEGE PROGRAMS 230391 230391 SHARED SERVICES - ED 69119 10091 34559 24469 SPECIAL EVENTS 37672 37672 ALUMNI FUND 15289 15289 3667 3335 332 488221 318836 107244 62141 228495 144507 57746 166435 39043 38307 414 1052 8614 8114 24838 9936 17386 14902 1508900 1552738 1860598 1926055 749 807 108222 63676 108971 64483 X 184980 -11960 1566647 1873532 1751627 1861572 1860598 1926055 72897 37048 0 X 0 1 X 1 0 X 220576 434621 252958 318507 499636 1726298 112084 102074 110580 324738 220576 434621 365042 420581 610216 2051036 182280 1868756 28487 30802 34277 38918 36652 169136 2220172 0.84170 0.91240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1597048 83513 71055 0 1751616 1441441 76018 138234 58645 1597048 1320549 70132 106665 55905 1441441 1043756 170224 160392 53823 1320549 1033942 4814 41555 36555 1043756 0.11410 0.66280 0.22310 0 0 24838 9936 14902 14902 X 712836 37048 110580 23214 170842 541994 19124 19124 561118 602891 110580 23214 133794 469097 19124 19124 488221 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF BOARD-DESIGNATED AND DONOR-RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. 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, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 23,214. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 23,214. PICKIN' BY THE LAKE 30702 30702 124 13750 9340 30702 30702 124 13750 9340 23214 7488 1 COLLEGE SCHOLARSHIPS 98 75019 0 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 173140 0 0 0 0 0 32955 0 5193 0 211288 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