2021-05-12T10:09:51-05:00 2020-06-30 710355269 LANDMARK PLC CPAS P O BOX 10148 FORT SMITH AR 729170148 990 2019-07-01 731082189 CARL ALBERT STATE COLLEGE DEVELOPMENT FOUNDATION CARL 9186471200 1507 S MCKENNA POTEAU OK 74953 MANDY ROBERTS EXECUTIVE DIRECTOR 9186471200 2021-05-10 1 DEANA A INFIELD P00440603 4794845740 2021-05-05 2019 2022-09-23 18:48:47Z MANDY ROBERTS 1507 S MCKENNA POTEAU OK 74953 1623424 0 X WWW.CARLALBERT.EDU X 1979 OK TO BUILD A RESIDENTIAL CAMPUS, TO CREATE AN ENDOWMENT FUND FOR SCHOLARSHIPS, AND TO ESTABLISH A PROGRAM FOR ACADEMIC ENRICHMENT. 77 37 0 107 0 0 610550 1160686 290380 294493 325038 168245 0 0 1225968 1623424 499453 559453 0 0 0 0 0 0 105153 416474 416923 915927 976376 310041 647048 9836726 10663945 29469 45386 9807257 10618559 X THE FOUNDATION'S MISSION IS TO BUILD A RESIDENTIAL CAMPUS, TO CREATE AN ENDOWMENT FUND FOR SCHOLARSHIPS, AND TO ESTABLISH A PROGRAM FOR ACADEMIC ENRICHMENT. THIS IS ACCOMPLISHED BY PROVIDING EDUCATIONAL OPPORTUNITIES THROUGH SCHOLARSHIPS TO STUDENTS AT CARL ALBERT STATE COLLEGE AND FACILITY GRANTS TO SUPPORT THE BUILDINGS AND CAMPUSES OF THE COLLEGE. 0 0 559453 559453 TO PROVIDE EDUCATIONAL OPPORTUNITIES THROUGH SCHOLARSHIPS TO STUDENTS AT CARL ALBERT STATE COLLEGE AND FACILITY GRANTS TO SUPPORT THE BUILDINGS AND CAMPUSES OF CARL ALBERT STATE COLLEGE. 172493 294493 TO PROVIDE DORMITORY FACILITIES TO SUPPORT THE STUDENTS OF CARL ALBERT STATE COLLEGE. 69121 TO PROVIDE FUNDS TO ENRICH ACADEMIC PROGRAMS. 801067 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 77 37 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X X MANDY ROBERTS 9186471200 1507 S MCKENNA POTEAU OK 74953 MARLEY ABELL TRUSTEE 1.00 X 0 0 0 RYAN ADAMS TRUSTEE 1.00 X 0 0 0 MARY FRANCES ALBERT TRUSTEE 1.00 X 0 0 0 DAVID ALBERT TRUSTEE 1.00 X 0 0 0 DAVID ALEXANDER TRUSTEE 1.00 X 0 0 0 NIKKI ALLEN TRUSTEE 1.00 X 0 0 0 HOWARD CAGLE TRUSTEE 1.00 X 0 0 0 MARK CALDWELL TRUSTEE 1.00 X 0 0 0 BOB CARTER TRUSTEE 1.00 X 0 0 0 DENNIS CARTER TRUSTEE 1.00 X 0 0 0 JERRY CAUGHMAN TRUSTEE 1.00 X 0 0 0 HEATHER CHAVEZ TRUSTEE 1.00 X 0 0 0 JOSE CHAVEZ TRUSTEE 1.00 X 0 0 0 WHITNEY CHAVEZ TRUSTEE 1.00 X 0 0 0 VICKIE CONN BEASLEY TRUSTEE 1.00 X 0 0 0 JIM COOK TRUSTEE 1.00 X 0 0 0 KENNETH CORN TRUSTEE 1.00 X 0 0 0 CHRIS FENTON TRUSTEE 1.00 X 0 0 0 KEVIN FORNEY TRUSTEE 1.00 X 0 0 0 CHARLES GARRETT TRUSTEE 1.00 X 0 0 0 SAM GENTRY TRUSTEE 1.00 X 0 0 0 AMANDA GRANT TRUSTEE 1.00 X 0 0 0 NICHOLAS GRANT TRUSTEE 1.00 X 0 0 0 RON HALL TRUSTEE 1.00 X 0 0 0 VICKI HAMEL TRUSTEE 1.00 X 0 0 0 JOHN HAMILTON TRUSTEE 1.00 X 0 0 0 JIM HARRIS TRUSTEE 1.00 X 0 0 0 GEORGIA HETHERINGTON TRUSTEE 1.00 X 0 0 0 JARRET HETHERINGTON TRUSTEE 1.00 X 0 0 0 TERI HETHERINGTON TRUSTEE 1.00 X 0 0 0 BILLY RAY HOFFMAN TRUSTEE 1.00 X 0 0 0 KIM HOFFMAN-WILSON TRUSTEE 1.00 X 0 0 0 WD HOFFMAN TRUSTEE 1.00 X 0 0 0 LINDA HOLTON TRUSTEE 1.00 X 0 0 0 SALLY HUTCHISON TRUSTEE 1.00 X 0 0 0 RICK JACKSON TRUSTEE 1.00 X 0 0 0 SARAH JORDAN TRUSTEE 1.00 X 0 0 0 LUNDY KIGER TRUSTEE 1.00 X 0 0 0 LLOYD LEE TRUSTEE 1.00 X 0 0 0 SUE ANN LOGGAINS TRUSTEE 1.00 X 0 0 0 MARY HELEN LUCAS TRUSTEE 1.00 X 0 0 0 TODD MARTIN TRUSTEE 1.00 X 0 0 0 ROBIN MARQUEZ TRUSTEE 1.00 X 0 0 0 GEORGE MCBEE TRUSTEE 1.00 X 0 0 0 MATT MCBEE TRUSTEE 1.00 X 0 0 0 GARON MCCLURE TRUSTEE 1.00 X 0 0 0 KERRY MCCLURE TRUSTEE 1.00 X 0 0 0 BEVERLY MCMILEN REID TRUSTEE 1.00 X 0 0 0 DELORES MITCHELL TRUSTEE 1.00 X 0 0 0 KELLY MITCHELL TRUSTEE 1.00 X 0 0 0 DARALI MIXON TRUSTEE 1.00 X 0 0 0 DAN OLLIE TRUSTEE 1.00 X 0 0 0 MARY PARHAM TRUSTEE 1.00 X 0 0 0 ROB RATLEY TRUSTEE 1.00 X 0 0 0 JARROD RIDENOUR TRUSTEE 1.00 X 0 0 0 BRIAN ROBERTS TRUSTEE 1.00 X 0 0 0 PHYLLIS ROBERTS TRUSTEE 1.00 X 0 0 0 STACEY ROBERTS TRUSTEE 1.00 X 0 0 0 CONNIE ROBINSON TRUSTEE 1.00 X 0 0 0 GARY SCHAEFER TRUSTEE 1.00 X 0 0 0 TED SHEETS TRUSTEE 1.00 X 0 0 0 CAROL SMITH TRUSTEE 1.00 X 0 0 0 TOM STITES TRUSTEE 1.00 X 0 0 0 MICK THOMPSON TRUSTEE 1.00 X 0 0 0 SCOTT THOMPSON TRUSTEE 1.00 X 0 0 0 DARLENE WEBB TRUSTEE 1.00 X 0 0 0 MATT WEBB TRUSTEE 1.00 X 0 0 0 DONNA WILSON TRUSTEE 1.00 X 0 0 0 RB WINTERS TRUSTEE 1.00 X 0 0 0 RL WINTERS TRUSTEE 1.00 X 0 0 0 KENDRA YANDELL TRUSTEE 1.00 X 0 0 0 STEVE HOLTON CHAIRMAN 1.00 X 0 0 0 TY BARRETT VICE-CHAIRMAN 1.00 X 0 0 0 JAMES SMITH SECRETARY 1.00 X 0 0 0 BUDDY SPENCER ALTERNATE EXECUTIVE COMMITTEE MEMBER 1.00 X 0 0 0 BELVA BARBER REGENT REPRESENTATIVE 1.00 X 0 0 0 DEANNA REED REGENT REPRESENTATIVE 1.00 X 0 0 0 MANDY ROBERTS EXECUTIVE DIRECTOR 40.00 X 0 73759 7054 0 73759 7054 0 0 0 0 0 1160686 63680 1160686 CASC - DORMITORIES 532000 294493 294493 294493 168245 168245 1623424 294493 0 168245 559453 559453 30776 30776 4933 4933 201922 69121 27648 105153 6799 6799 97302 97302 DORM UTILITIES 43533 43533 DOOR REPAIRS & MAINTENA 19884 19884 DORM OTHER EXPENSES 11774 11774 976376 801067 70156 105153 382442 358408 372942 368238 15800 7650 19390 164804 3340662 1223020 1719182 2117642 7115774 7428275 211196 218928 9836726 10663945 29469 45386 29469 45386 X 4608147 5075289 5199110 5543270 9807257 10618559 9836726 10663945 647048 164254 0 X 0 1 X 1 0 X 247286 320260 447733 491348 1160686 2667313 247286 320260 447733 491348 1160686 2667313 2667313 284706 427816 349135 325038 168245 1554940 4222253 0.63170 0.54750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7374655 546043 294376 674065 7541009 6905405 360863 415369 306982 7374655 6504187 333700 413725 346207 6905405 5995486 410652 521059 423010 6504187 5781544 227589 336706 305686 5995486 0.26000 0.29000 0.45000 0 0 421000 421000 2780764 1179606 1601158 138898 43414 95484 2117642 X 1756902 164254 164254 1592648 30776 30776 1623424 945600 0 945600 30776 30776 976376 PART V, LINE 4: THE FOUNDATION INTENDS TO KEEP THE TRUE ENDOWMENT FUNDS INVESTED IN PERPETUITY AND USE A PORTION OF THE EARNINGS OFF THESE ENDOWMENTS TO HELP FURTHER THE EDUCATIONAL MISSION OF THE COLLEGE THROUGH SCHOLARSHIPS, FACILITY GRANTS, PROFESSORSHIPS AND CHAIR POSITIONS, AND VARIOUS OTHER SUPPORT. PART X, LINE 2: THE FOUNDATION QUALIFIES AS AN ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT SUBJECT TO TAX AT THE ENTITY LEVEL FOR FEDERAL TAX PURPOSES. THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE PROVISIONS OF FASB CODIFICATION TOPIC INCOME TAXES. FASB CODIFICATION TOPIC INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND REQUIRES THE FOUNDATION TO RECOGNIZE IN THEIR FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UNDER AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ASSESSED THE TAX POSITIONS OF THE FOUNDATION AND DETERMINED THAT NO POSITIONS EXIST THAT REQUIRE ADJUSTMENT OR DISCLOSURE UNDER THE PROVISIONS OF FASB CODIFICATION TOPIC INCOME TAXES. THE FOUNDATION FILES INFORMATIONAL "RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX" (FORM 990) IN THE U.S. FEDERAL JURISDICTION. 1 CARL ALBERT STATE COLLEGE 1507 S MCKENNA STREET POTEAU OK 74953 736017987 115 559453 SCHOLARSHIPS AND FACILITY GRANTS 1 PART I, LINE 2: THE USE OF FUNDS IS MONITORED VIA THE ACCOUNTS PAYABLE PROCESS. ALL FUNDS DISBURSED ARE REVIEWED FOR COMPLIANCE WITH DONOR INTENT. 1 X 0 0 0 0 0 0 0 0 0 MANDY ROBERTS EXECUTIVE DIRECTOR 0 73759 0 0 0 0 0 0 0 7054 0 80813 0 0 PART I, LINE 3 THE FOUNDATION VOTES ANNUALLY TO ALLOCATE FUNDING FROM EXCESS FUNDS IN THE FOUNDATION'S HOUSING FUNDS TO THE COLLEGE GENERAL FUND FOR THE FOUNDATION EXECUTIVE DIRECTOR'S SALARY. THE COLLEGE DETERMINES THE SALARY FOR THE EXECUTIVE DIRECTOR. X 1 421000 ESTIMATE OF FMV X AUCTION ITEMS DONATED FOR EVENT 108 63680 RETAIL VALUE OF DONA 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 CERTAIN MEMBERS OF THE BOARD OF TRUSTEES ARE RELATED THROUGH BUSINESS OR FAMILY RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR OF THE FOUNDATION PRIOR TO FILING AND A COMPLETE COPY IS PROVIDED TO THE GOVERNING BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE 990 AND GOVERNING DOCUMENTS OF THE FOUNDATION AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE FOUNDATION'S OFFICE. ALSO AFTER FILING WITH THE IRS, THE FOUNDATION'S FORM 990 IS PUBLISHED ON VARIOUS WEBSITES, SUCH AS GUIDESTAR, AND AVAILABLE TO THE PUBLIC. RELATED TO PART VI, SECTION B, LINES 12A AND 13 - ON MAY 6, 2021, THE BOARD OF DIRECTORS APPROVED A WRITTEN CONFLICT OF INTEREST POLICY AND A WRITTEN WHISTLEBLOWER POLICY. THESE POLICIES WILL ALSO BE AVAILABLE UPON REQUEST FROM THE FOUNDATION'S OFFICE. CARL ALBERT STATE COLLEGE 1507 S MCKENNA STREET POTEAU OK 74953 736017987 HIGHER EDUCATION OK 115(1) 170(B)(1)(A)(IV) N/A 0 0 1 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 1 1 CARL ALBERT STATE COLLEGE J 294493 ACTUAL COST CARL ALBERT STATE COLLEGE N 172493 ACTUAL COST CARL ALBERT STATE COLLEGE B 559453 ACTUAL COST