MIAMI DADE COLLEGE FOUNDATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
MIAMI DADE COLLEGE FOUNDATION INC (EIN 59-6169745)
Tax period
2019-04-01 to 2020-03-31
Filed
2021-11-03
IRS object ID
202143079349301669
Schema version
2019v5.1
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)
Return2021-11-03T14:20:20-04:00ReturnTs
Tax Period End2020-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN650321690PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ANTHONY BRUNSON PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13350 SW 148th Avenue Suite 110AddressLine1Txt
CityMiramarCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33027ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN596169745EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MIAMI DADE COLLEGE FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMIAMBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 NE 2ND AVENUEAddressLine1Txt
CityMiamiCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33132ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMark ColePersonNm
Person TitleExecutive DirecPersonTitleTxt
Phone3052373240PhoneNum
Signature2021-01-22SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAnthony BrunsonPreparerPersonNm
PTINP01868716PTIN
Phone9548741721PhoneNum
Preparation2021-11-03PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerMark ColePrincipalOfficerNm
Gross Receipts$49,608,461GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressMDCFOUNDATION.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionA direct support organization for Miami Dade College (see Schedule O for additional information)ActivityOrMissionDesc
Voting Members Governing Body25VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers21TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$15,653,544PYContributionsGrantsAmt
CY Contributions Grants$20,679,997CYContributionsGrantsAmt
PY Program Service Revenue$169,982PYProgramServiceRevenueAmt
CY Program Service Revenue$197,396CYProgramServiceRevenueAmt
PY Investment Income$8,861,359PYInvestmentIncomeAmt
CY Investment Income$4,731,596CYInvestmentIncomeAmt
PY Other Revenue$36,142PYOtherRevenueAmt
CY Other Revenue$493,629CYOtherRevenueAmt
PY Total Revenue$24,721,027PYTotalRevenueAmt
CY Total Revenue$26,102,618CYTotalRevenueAmt
PY Grants And Similar Paid$9,984,169PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$8,473,291CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,741,778PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,846,793CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,154,927CYTotalFundraisingExpenseAmt
PY Other Expenses$7,573,179PYOtherExpensesAmt
CY Other Expenses$8,993,587CYOtherExpensesAmt
PY Total Expenses$19,299,126PYTotalExpensesAmt
CY Total Expenses$19,313,671CYTotalExpensesAmt
PY Revenues Less Expenses$5,421,901PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,788,947CYRevenuesLessExpensesAmt
Total Assets BOY$168,147,637TotalAssetsBOYAmt
Total Assets EOY$203,072,980TotalAssetsEOYAmt
Total Liabilities BOY$19,432,173TotalLiabilitiesBOYAmt
Total Liabilities EOY$26,381,268TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$148,715,464NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$176,691,712NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionA direct support organization for Miami Dade College (see Schedule O for additional information)MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$8,518,060ExpenseAmt
DescThe Foundation awarded numerous scholarships during the current year with a vast majority to students attending Miami Dade College. The remaining scholarships were awarded to graduates of the College for further studies at other colleges and universities.A significant number of scholarship recepients are considered low income and live below the federal property level.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$6,948,538ExpenseAmt
DescMDC Foundation supports the Colleges Schools and programs that promote student success. This encompasses both direct payment of expenses on behalf of the College and reimbursement of expenses paid by the College.The Foundation also supports events,programs and cultural entities of the College such as the Miami International Film Festival and Miami Book Fair.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$15,466,598TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members25GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMark ColePersonNm
Phone3052373240PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 NE 2nd Avenue RM 1427AddressLine1Txt
CityMiamiCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33132ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndOfficerOfficerIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Anay M Abraham
Director2.000.00Yes (X)$0$0$0
Sheldon T Anderson
Director2.000.00Yes (X)$0$0$0
David M Arditi
Director2.000.00Yes (X)$0$0$0
Tere Blanca
Director2.000.00Yes (X)$0$0$0
Miquel G Farra
Director2.000.00Yes (X)$0$0$0
Joseph A Fernandez
Director2.000.00Yes (X)$0$0$0
Jose K Fuentes
Director2.000.00Yes (X)$0$0$0
Arthur J Furia
Director2.000.00Yes (X)$0$0$0
Julie Greiner
Director2.000.00Yes (X)$0$0$0
Rene Hagen
Director2.000.00Yes (X)$0$0$0
Beatrice Louissant
Director2.000.00Yes (X)$0$0$0
Nelson R Mezerhane
Director2.000.00Yes (X)$0$0$0
Rolando Montoya
Interim President2.000.00Yes (X)$0$444,541$0
Bernie Navarro
Director2.000.00Yes (X)$0$0$0
Steve D Nivet
Director2.000.00Yes (X)$0$0$0
Jorge A Plasencia
Director2.000.00Yes (X)$0$0$0
Lenore Rodicio
Executive2.000.00Yes (X)$0$296,619$0Yes (X)
Penny S Shaffer
Director2.000.00Yes (X)$0$0$0
Alfredo Salas
Chairman4.000.00$0$0$0Yes (X)
Carlos R Fernandez-Guzman
Vice Chair4.000.00$0$0$0Yes (X)
Toby B Rohrer
Secretary4.000.00$0$0$0Yes (X)
Henry Fleches
Treasurer4.000.00$0$0$0Yes (X)
Julie Grimes
Past Chairperson2.000.00$0$0$0Yes (X)
Mark Cole
Executive Director40.000.00$182,948$0$0Yes (X)
Ana Martinez
Executive40.000.00$122,215$0$0Yes (X)
Eduardo Padron
Miami Dade College President2.000.00$0$604,526$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$305,163TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,345,686TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$178,616MembershipDuesAmt
Fundraising$332,519FundraisingAmt
All Other Contributions$20,168,862AllOtherContributionsAmt
Total Contributions$20,679,997TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescDonated rentsalariesDesc
Business900099BusinessCd
Total Revenue Column$197,396TotalRevenueColumnAmt
Related Or Exempt Func Income$197,396RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$197,396TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,330,744TotalRevenueColumnAmt
Related Or Exempt Func Income$2,330,744RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$25,788,869SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$23,388,017SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,400,852SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,400,852TotalRevenueColumnAmt
Related Or Exempt Func Income$2,400,852RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$491,206FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$332,519ContriRptFundraisingEventAmt
Fundraising Direct Expenses$117,826FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$373,380TotalRevenueColumnAmt
Exclusion$373,380ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Securities lending900001$15,890$15,890
Other900099$104,359$104,359
FieldValueIRS element (for citing)
Other Revenue Total$120,249OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,102,618TotalRevenueColumnAmt
Related Or Exempt Func Income$5,049,241RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$373,380ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$8,473,291TotalAmt
Program Services$8,473,291ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$182,948TotalAmt
Program Services$29,646ProgramServicesAmt
Management And General$74,421ManagementAndGeneralAmt
Fundraising$78,881FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,212,312TotalAmt
Program Services$196,451ProgramServicesAmt
Management And General$493,152ManagementAndGeneralAmt
Fundraising$522,709FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$451,533TotalAmt
Program Services$73,169ProgramServicesAmt
Management And General$183,677ManagementAndGeneralAmt
Fundraising$194,687FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,057TotalAmt
Management And General$5,057ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$60,400TotalAmt
Management And General$60,400ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$438,641TotalAmt
Management And General$438,641ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$748,713TotalAmt
Program Services$478,150ProgramServicesAmt
Management And General$229,907ManagementAndGeneralAmt
Fundraising$40,656FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$335,265TotalAmt
Program Services$238,774ProgramServicesAmt
Fundraising$96,491FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$190,824TotalAmt
Program Services$123,146ProgramServicesAmt
Management And General$62,697ManagementAndGeneralAmt
Fundraising$4,981FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$172,987TotalAmt
Program Services$37,012ProgramServicesAmt
Management And General$5,104ManagementAndGeneralAmt
Fundraising$130,871FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$174,144TotalAmt
Program Services$26,643ProgramServicesAmt
Management And General$76,610ManagementAndGeneralAmt
Fundraising$70,891FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$103,085TotalAmt
Program Services$91,206ProgramServicesAmt
Management And General$9,941ManagementAndGeneralAmt
Fundraising$1,938FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,375TotalAmt
Management And General$9,375ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Direct Program Support$4,651,837$4,651,837
Activities and events$1,061,757$1,047,273$1,662$12,822
Provision doubtful accounts$1,041,502$1,041,502

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$19,313,671TotalAmt
Program Services$15,466,598ProgramServicesAmt
Management And General$2,692,146ManagementAndGeneralAmt
Fundraising$1,154,927FundraisingAmt
FieldValueIRS element (for citing)
Joint CostsYes (X)JointCostsInd

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$7,507,281BOYAmt
EOY$47,864,654EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,516,389BOYAmt
EOY$4,382,766EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$511,071BOYAmt
EOY$371,754EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$392,615BOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$109,768,536BOYAmt
EOY$95,238,057EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$45,451,745BOYAmt
EOY$54,715,877EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$499,872EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$168,147,637BOYAmt
EOY$203,072,980EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$10,444,779BOYAmt
EOY$511,492EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,987,394BOYAmt
EOY$25,869,776EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,432,173BOYAmt
EOY$26,381,268EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,925,867BOYAmt
EOY$27,437,318EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$143,789,597BOYAmt
EOY$149,254,394EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$148,715,464BOYAmt
EOY$176,691,712EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$168,147,637BOYAmt
EOY$203,072,980EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$6,788,947ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$11,361,839NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$32,549,140PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

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$9,811,116CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,462,094CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,122,875CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,990,410CurrentTaxYearMinus1YearAmt
Current Tax Year$20,141,207CurrentTaxYearAmt
Total$69,527,702TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,811,116CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,462,094CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,122,875CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,990,410CurrentTaxYearMinus1YearAmt
Current Tax Year$20,141,207CurrentTaxYearAmt
Total$69,527,702TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$6,764,076SubstantialContributorsTotAmt
Public Support Total170$62,763,626PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,176,794CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,473,087CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,162,848CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,553,858CurrentTaxYearMinus1YearAmt
Current Tax Year$2,330,744CurrentTaxYearAmt
Total$9,697,331TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$8,957CurrentTaxYearMinus2YearsAmt
Current Tax Year$7,438CurrentTaxYearAmt
Total$16,395TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$184,071CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$238,550CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$161,213CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$339,263CurrentTaxYearMinus1YearAmt
Current Tax Year$733,554CurrentTaxYearAmt
Total$1,656,651TotalAmt
FieldValueIRS element (for citing)
Total Support$80,898,079TotalSupportAmt
Public Support CY1700.77580PublicSupportCY170Pct
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

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$81,864,607BeginningYearBalanceAmt
Contributions$3,599,210ContributionsAmt
Investment Earnings Or Losses-$3,680,847InvestmentEarningsOrLossesAmt
Other Expenditures$2,624,094OtherExpendituresAmt
Administrative Expenses$1,560,321AdministrativeExpensesAmt
End Year Balance$77,598,555EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$92,614,298BeginningYearBalanceAmt
Contributions$449,119ContributionsAmt
Investment Earnings Or Losses$7,639,391InvestmentEarningsOrLossesAmt
Other Expenditures$3,077,569OtherExpendituresAmt
Administrative Expenses$2,456,615AdministrativeExpensesAmt
End Year Balance$95,168,624EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$87,382,489BeginningYearBalanceAmt
Contributions$387,995ContributionsAmt
Investment Earnings Or Losses$11,233,122InvestmentEarningsOrLossesAmt
Other Expenditures$4,017,134OtherExpendituresAmt
Administrative Expenses$2,372,174AdministrativeExpensesAmt
End Year Balance$92,614,298EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$77,828,843BeginningYearBalanceAmt
Contributions$2,440,819ContributionsAmt
Investment Earnings Or Losses$12,735,924InvestmentEarningsOrLossesAmt
Other Expenditures$3,330,722OtherExpendituresAmt
Administrative Expenses$2,292,375AdministrativeExpensesAmt
End Year Balance$87,382,489EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$93,075,590BeginningYearBalanceAmt
Contributions$275,338ContributionsAmt
Investment Earnings Or Losses-$7,831,853InvestmentEarningsOrLossesAmt
Other Expenditures$5,468,930OtherExpendituresAmt
Administrative Expenses$2,221,302AdministrativeExpensesAmt
End Year Balance$77,828,843EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.06000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.94000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (true)RelatedOrgListSchRInd

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Hedge Funds$28,555,042F
Private Equity Fund$725,769F
Short Term Investments$3,261,699F
State Govt Investment Pool$5,705,935F
Securities Lending Invest Collatera$11,334,845F
Real Estate Fund$2,267,327C
Other$2,865,260C
FieldValueIRS element (for citing)
Total Book Value Securities$54,715,877TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescOther assetsDesc
Book Value$499,872BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$499,872TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Due to College$14,534,831
Securities Lending Collateral$11,334,945
FieldValueIRS element (for citing)
Total Liability$25,869,776TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$14,302,135TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$14,302,135RevenueSubtotalAmt
Total Revenue Per Form990$14,302,135TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$18,875,027TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$18,875,027ExpensesSubtotalAmt
Total Expenses Per Form990$18,875,027TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Hall of FameEvent1Nm
Gross Receipts Event1$823,725GrossReceiptsEvent1Amt
Charitable Contri Event1$332,519CharitableContriEvent1Amt
Gross Revenue Event1$491,206GrossRevenueEvent1Amt
Rent Facility Costs Event1$14,808RentFacilityCostsEvent1Amt
Food And Beverage Event1$8,202FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$94,816OtherDirectExpensesEvent1Amt
Gross Receipts Total$823,725GrossReceiptsTotalAmt
Charitable Contributions Tot$332,519CharitableContributionsTotAmt
Gross Revenue Total Events$491,206GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$14,808RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$8,202FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$94,816OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$117,826DirectExpenseSummaryEventsAmt
Net Income Summary$373,380NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant Typeschlorships and student aidGrantTypeTxt
Recipient2816RecipientCnt
Cash Grant$8,449,423CashGrantAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtBase Compensation Filing OrgBaseCompensationFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
Rolando Montoya
Interim President$444,541$444,541
Eduardo Padron
Miami Dade College President$604,526$604,526
Lenore Rodicio
Executive$296,619$296,619
Mark Cole
Executive Director$182,948$182,948

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Amended return informationThe composition of Investments was changed
Form 990 governing body review Part VI line 11The BODs audit committee reviews the annual tax return form 990 prior to its issuance
Conflict of interest policy compliance Part VI line 12cThe Secretary of the Board of Directors reviews annual disclosure statements to determine whether any conflict of interest exists among Trustees; if so the audit committee chair and executive committee members monitor such activity throughout the year.
CEO executive director top management comp Part VI line 15aHuman Resource committee of the College holds responsibility for salary recommendations for executive team members of the College
Other officer or key employee compensation Part VI line 15bConsistent with O 15 explanation
Governing documents etc available to public Part VI line 19Public notice is published for all Board meetings and minutes are available upon request
Part III response or note to any other line in Part IIIDescription of the Organizations MissionMiami Dade Foundation is a Florida Not-For-Profit corporation formed to serve as a direct support oranization, as defined in section 1004.70 of the Florida statues, of Miami Dade College, which is legally separate but financially accountable to the College.The Foundation was organized and operates exclusively to recive,hold,invest,and adminster property and to make expenditures to,or for the benefit of the College including educational and cultural events.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Miami Dade CollegeBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 NE 2nd AvenueAddressLine1Txt
CityMiamiCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33132ZIPCd
FieldValueIRS element (for citing)
EIN591210485EIN
Primary ActivitiesCollegePrimaryActivitiesTxt
Legal Domicile StateFLLegalDomicileStateCd
Exempt Code Section501cExemptCodeSectionTxt
Public Charity Status2PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationYes (true)ControlledOrganizationInd

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