2021-11-04T16:18:25-05:00 2021-06-30 JONES & ROTH PC PO BOX 10086 EUGENE OR 97440 990 2020-07-01 237113266 LANE COMMUNITY COLLEGE FOUNDATION LANE 5414635226 4000 E 30TH AVE EUGENE OR 974050640 WENDY JETT EXECUTIVE DIRECTOR 5414635226 2021-11-03 true WENDY JETT 999009999 FRITZ S DUNCAN P00036435 5416872320 2021-11-03 2020 2022-09-23 18:48:47Z WENDY JETT 4000 E 30TH AVE EUGENE OR 974050640 13610718 false X WWW.LANECC.EDU/FOUNDATION X 1971 OR THE ORGANIZATION IS A CHARITABLE CORPORATION FORMED TO ENCOURAGE AND INVOLVE THE COMMUNITY IN FURTHER DEVELOPING EDUCATIONAL OPPORTUNITIES BY PROVIDING SCHOLARSHIPS AND AUGMENTING THE FACILITIES AND FUNCTIONS OF LANE COMMUNITY COLLEGE. 22 22 0 134 0 1188949 2583055 6053 8319 405787 1187655 -33873 -13050 1566916 3765979 1893954 1381453 0 449859 469789 0 191937 260507 468007 2604320 2319249 -1037404 1446730 19800102 23894139 721876 772023 19078226 23122116 X THE ORGANIZATION IS A CHARITABLE CORPORATION FORMED TO ENCOURAGE AND INVOLVE THE COMMUNITY IN FURTHER DEVELOPING EDUCATIONAL OPPORTUNITIES BY PROVIDING SCHOLARSHIPS AND AUGMENTING THE FACILITIES AND FUNCTIONS OF LANE COMMUNITY COLLEGE. false false 938524 938524 667 SCHOLARSHIPS AND 168 GRANTS WERE AWARDED TO LCC STUDENTS DURING THE YEAR. 257713 257713 FACULTY SUPPORT FOR NURSING. 98300 98300 BUILDING AND CONSTRUCTION INCLUDED PAYMENTS TO LCC FOR THE CENTER BUILDING (CENTER FOR LEARNING & STUDENT SUCCESS) RENOVATIONS AND CONSTRUCTION. 419373 86916 8319 EDUCATIONAL MATERIALS AND SUPPLIES, PROFESSIONAL DEVELOPMENT, PROMOTIONAL EXPENSES, SENIOR SERVICES, FUND RAISING EXPENSES, CAPITAL EQUIPMENT, MAINTENANCE SERVICES, CONFERENCES & EVENTS AND OTHER PROGRAM SUPPORT. 419373 86916 8319 1713910 true true false true false false false false false true false false false false true false true false false false false false false false true false false true true true false false false false false false false false true true false false false true false true false true 21 0 0 false false false false false true true false false false false false false false false X 22 22 true false false false false false false true true false false true true true true true true true true false OR AK CA HI ME MD MA MI MN NJ OH SC UT WA CO KY NV WI NY X LANE COMMUNITY COLLEGE FOUNDATION 5414635226 4000 E 30TH AVE EUGENE OR 97405 WENDY JETT EXECUTIVE DI 40.00 X 0 116019 45256 JERI STEELE ACCOUNTANT 40.00 X 0 66940 21925 IRENE ALLTUCKER MEMBER 1.00 X 0 0 0 SUSAN SOONKEUM COX 2ND VICE-PRE 1.00 X X 0 0 0 JIM CREECH MEMBER 1.00 X 0 0 0 FREDERICK CRINKLAW MEMBER 1.00 X 0 0 0 ROGER HALL MEMBER 1.00 X 0 0 0 MARGARET HAMILTON LCC PRESIDEN 1.00 X 0 0 0 AMANDA HAUGLAND MEMBER 1.00 X 0 0 0 MARY JEANNE JACOBSEN MEMBER 1.00 X 0 0 0 MANDY JONES MEMBER 1.00 X 0 0 0 DIANA LEARNER PRESIDENT 1.00 X X 0 0 0 ADA OL LEE MEMBER 1.00 X 0 0 0 MARY JANE MORI MEMBER 1.00 X 0 0 0 GLENN MUNRO TREASURER 1.00 X X 0 0 0 DON RAINER MEMBER 1.00 X 0 0 0 BRUCE RIDDLE MEMBER 1.00 X 0 0 0 AMY ROMERO MEMBER 1.00 X 0 0 0 BETH SHEEHAN MEMBER 1.00 X 0 0 0 MIKE STICKEL MEMBER 1.00 X 0 0 0 SANDY WATKINSON MEMBER 1.00 X 0 0 0 STEVE WILDISH MEMBER 1.00 X 0 0 0 KATHIE TIPPENS WIPER MEMBER 1.00 X 0 0 0 JOHN WOLF 1ST VICE-PRE 1.00 X X 0 0 0 ALAN YORDY MEMBER 1.00 X 0 0 0 182959 67181 false true false 136675 2446380 1219295 2583055 OTHER PROGRAM SERVICE INCOME 900099 8319 8319 8319 296923 296923 10706396 9815664 890732 890732 890732 16025 136675 29075 -13050 -13050 3765979 899051 283873 442929 442929 938524 938524 349953 61585 136773 151595 43936 9435 18132 16369 54335 14280 24845 15210 21565 4195 8607 8763 22025 22025 3965 3965 42170 42170 51735 51735 2633 2633 2082 2082 DISTRIBUTION OF IN-KIND 244285 241665 2620 PAYMENTS TO GRANTORS 82866 82866 DONOR RECOGNITION 9302 9302 ADMINISTRATIVE EXPENSES 3671 1297 2374 3273 3273 2319249 1713910 413402 191937 221648 165958 473031 3098196 256180 171496 31 150316 126774 1511 48342 18693121 20283342 4295 19800102 23894139 8611 9080 40500 12500 672765 750443 721876 772023 X 723535 750222 18354691 22371894 19078226 23122116 19800102 23894139 X 1446730 2782406 -107569 -77677 X false true X true false X 2144054 2566991 1921198 1188949 2583055 10404247 279297 284759 284521 294993 302188 1445758 2423351 2851750 2205719 1483942 2885243 11850005 565862 11284143 271251 313984 343956 274539 296923 1500653 101333 102472 91336 76397 16025 387563 13738221 84103 0.82140 0.78700 X PART II, LINE 10 SPECIAL EVENT INCOME 387,563 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2319249 2319249 265962 66491 277984 277782 280216 265962 1101944 1652916 10000 10000 69496 69446 70054 66491 275487 413231 10000 10000 13945630 729245 3388024 920990 17141909 13976184 267397 492864 790815 13945630 13581589 267381 876042 748828 13976184 12930748 475058 929599 753816 13581589 11956146 300095 1364420 689913 12930748 1.00000 false false ANNUITY TRUST LIABILITY 750443 750443 7107248 2782406 302188 335169 3419763 3687485 107569 -29075 78494 3765979 3063358 302188 29075 331263 2732095 -412846 -412846 2319249 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWMENT FUNDS ARE FOR SCHOLARSHIP AND OTHER COLLEGE PROGRAMS. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN SPLIT INTEREST AGREEMENTS -77,677 ADMINISTRATIVE FEE INCOME 412,846 SCHEDULE D, PAGE 4, PART XI, LINE 4B SPECIAL EVENT EXPENSES -29,075 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSES 29,075 SCHEDULE D, PAGE 4, PART XII, LINE 4B ADMINISTRATIVE FEE INCOME -412,846 HARVEST DINNER 152700 136675 16025 10605 2457 98 8415 152700 136675 16025 10605 2457 98 8415 21575 -5550 true LANE COMMUNITY COLLEGE 4000 E 30TH AVE EUGENE OR 97405 930546223 442929 FACULTY/FACILITIES SCHOLARSHIPS 835 938524 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION PROVIDES SCHOLARSHIPS AND OTHER ASSISTANCE TO LCC STUDENTS AND OTHER FUNDS TO LCC DEPARTMENTS. GENERALLY FUNDS ISSUED TO DEPARTMENTS ARE BILLED TO US WITH DOCUMENTATION OF EXPENSES VIA FOUNDATION CHECK REQUEST. FOR SCHOLARSHIPS THE FOUNDATION SENDS THE LCC FINANCIAL AID DEPARTMENT A LIST OF RECIPIENTS. THE FINANCIAL AID DEPARTMENT APPLIES THE SCHOLARSHIPS TO THE STUDENT'S ACCOUNT AND BILLS THE FOUNDATION FOR THOSE SCHOLARSHIPS THAT PAY OUT ON A QUARTERLY BASIS. STUDENTS MUST MEET THE CRITERIA FOR THEIR SCHOLARSHIP IN ORDER FOR THE SCHOLARSHIP TO PAY. THE CRITERIA FOR THE SCHOLARSHIPS ARE ENTERED BY FINANCIAL AID INTO THEIR SOFTWARE AT THE TIME OF APPLYING THE SCHOLARSHIP TO THE STUDENT'S ACCOUNT SO THAT THE PROCESS OF APPROVING THE SCHOLARSHIPS FOR PAYMENT IS AUTOMATED AND NOT SOMETHING THAT NEEDS TO BE MONITORED. THE FOUNDATION RECONCILES THE BILLING FROM LCC BACK TO THE ORIGINAL LIST OF RECIPIENTS WHICH IS MAINTAINED IN EXCEL AND IN THE ACADEMIC WORKS SCHOLARSHIP PROGRAM ONLINE SOFTWARE. SCHEDULE I, PAGE 4, PART IV SCHOLARSHIPS PROVIDE FINANCIAL ASSISTANCE FOR TUITION AND BOOKS FOR STUDENTS WHO ATTEND LCC AND IN SOME CASES FOR LCC GRADUATES WHO HAVE CONTINUED ON AT FOUR YEAR INSTITUTIONS. THE GILMA GREENHOOT AND THE KAPPY EATON/HITES FOUNDATION SCHOLARSHIPS ARE EXAMPLES OF SCHOLARSHIPS THAT PAY BENEFITS TO LCC GRADUATES. THE FOUR YEAR INSTITUTION WILL RECEIVE A CHECK FROM US WITH A LETTER THAT DETAILS THE REQUIREMENTS OF THE SCHOLARSHIP AND REQUEST THAT ANY UNUSED FUNDS BE RETURNED TO US IN THE EVENT THE STUDENT DOES NOT MEET THE MINIMUM REQUIREMENTS OR FAILS TO ATTEND THE ENTIRE ACADEMIC YEAR. PAYMENTS TO THE COLLEGE INCLUDE FACULTY SUPPORT WHICH IS USED TO COVER THE COST OF FACULTY SALARIES FOR PROGRAMS SUPPORTED BY DONORS SUCH AS ENERGY MANAGEMENT SUPPORTED BY EWEB AND THE NURSING PROGRAM SUPPORTED BY PEACEHEALTH. PAYMENTS TO THE COLLEGE ALSO INCLUDE REIMBURSEMENT FOR THE COST OF CONSTRUCTION AS IN THE CASE TO THE CENTER FOR LEARNING AND STUDENT SUCCESS AND THE NEW HEALTH & WELLNESS BUILDING. PAYMENTS FOR PROGRAM SUPPORT PROVIDE ASSISTANCE WITH THE COST OF SPECIAL PROGRAMS SUCH AS THE FAMILY CONNECTIONS CHILDCARE NETWORK, SPECIAL PROJECTS SUCH AS THE RENOVATIONS TO HEALTH PROFESSIONS CLASSROOMS AND LABORATORY, OR EVENTS SUCH AS THE CONCERTS AND PERFORMANCES BY THE MUSIC, DANCE AND THEATRE ARTS DEPARTMENT. EQUIPMENT AND OTHER SUPPLIES AND EXPENSES MAY ALSO BE PROVIDED FROM FUNDS ESTABLISHED FOR THAT PURPOSE SUCH AS THE PURCHASE OF COMPUTERS FOR THE HEALTH PROFESSIONS PROGRAM AND STAGE EQUIPMENT AND BANQUET TABLES FOR THE CULINARY ARTS PROGRAM. false false false false false false false false false WENDY JETT EXECUTIVE DIRECTOR 116019 15660 29596 161275 X 5000 FMV X 1 225000 APPRAISAL X 10 431335 AVG H/L PRICE ON RECEIPT X 1 533500 APPRAISAL X AUCTION ITEMS 6 9675 FMV X EQUIPMENT 9 11665 FMV X PRINT DISCOUNTS 4 1942 FMV X OTHER 2 1178 FMV 1 false true false SCHEDULE M, PAGE 2, PART II THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS THAT IT RECEIVED THROUGHOUT THE FISCAL YEAR. GIFT POLICY REQUIRES BOARD REVIEW, ASSESSMENT AND APPROVAL OF ANY NON-STANDARD CONTRIBUTIONS IN ACCORDANCE WITH WRITTEN POLICY. FORM 990 - ORGANIZATION'S MISSION THE ORGANIZATION IS A CHARITABLE CORPORATION FORMED TO ENCOURAGE AND INVOLVE THE COMMUNITY IN FURTHER DEVELOPING EDUCATIONAL OPPORTUNITIES BY PROVIDING SCHOLARSHIPS AND AUGMENTING THE FACILITIES AND FUNCTIONS OF LANE COMMUNITY COLLEGE. FORM 990, PAGE 1, PART I, LINE 6 THE SERVICES PROVIDED BY VOLUNTEERS INCLUDE SPECIAL EVENT ACTIVITIES, BOARD OF TRUSTEE SERVICE, SCHOLARSHIP SELECTION, FINANCE AND INVESTMENT OVERSIGHT, STUDENT SPEAKERS AND DONOR STEWARDSHIP. FORM 990, PAGE 2, PART III, LINE 4D EDUCATIONAL MATERIALS AND SUPPLIES, PROFESSIONAL DEVELOPMENT, PROMOTIONAL EXPENSES, SENIOR SERVICES, FUND RAISING EXPENSES, CAPITAL EQUIPMENT, MAINTENANCE SERVICES, CONFERENCES & EVENTS AND OTHER PROGRAM SUPPORT. FORM 990, PAGE 6, PART VI, LINE 2 LCC FOUNDATION LCC FOUNDATION BOARD MEMBER DIR. DEVELOP FATHER-IN-LAW/DAUGHTER-IN-LAW FORM 990, PAGE 6, PART VI, LINE 11B THE FORM WAS REVIEWED BY THE FOUNDATION TREASURER AND THE EXECUTIVE COMMITTEE PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION'S BYLAWS CONTAIN A CONFLICT OF INTEREST POLICY. EACH TRUSTEE RECEIVES A COPY OF THE BYLAWS IN THEIR INITIAL ORIENTATION TO THE BOARD. BOARD MEMBERS WILL BE ASKED TO DISCLOSE ANY ACTUAL OR PERCEIVED CONFLICTS OF INTEREST AND SIGN OFF ON AN APPROVED FORM ANNUALLY AFTER A SHORT PRESENTATION ABOUT WHAT CONFLICTS CAN ARISE. FORM 990, PAGE 6, PART VI, LINE 15A UNDER THE AUTHORITY OF THE LANE COMMUNITY COLLEGE BOARD OF EDUCATION, THE PRESIDENT REVIEWS AND APPROVES MANAGEMENT COMPENSATION FOR THE EXECUTIVE DIRECTOR OF THE FOUNDATION, BOTH AT THE TIME OF INITIAL SALARY PLACEMENT AND EACH YEAR THEREAFTER. SALARIES ARE BASED UPON COMPARABILITY MANAGEMENT SALARY STUDIES. FORM 990, PAGE 6, PART VI, LINE 15B ALL EMPLOYEES ARE REVIEWED BY LANE COMMUNITY COLLEGE. CLASSIFIED EMPLOYEES ARE REPRESENTED BY LCCEF UNION THAT NEGOTIATES SALARY SCHEDULES. FORM 990, PAGE 6, PART VI, LINE 17 WASHINGTON, COLORADO, KENTUCKY, NEVADA, WISCONSIN, NEW YORK FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION SENDS ALL DONORS FOR THE YEAR AN ANNUAL REPORT WHICH INCLUDES FINANCIAL STATEMENTS. ANY INDIVIDUAL WHO WANTS A COPY OF THE ANNUAL REPORT OR AUDITED FINANCIAL STATEMENT WHETHER A CURRENT YEAR DONOR OR NOT, MAY REQUEST A COPY ON THE FOUNDATION'S WEBSITE OR BY PHONE. OTHER GOVERNING DOCUMENTS SUCH AS OUR ENDOWMENT POLICY, GIFT ACCEPTANCE POLICY, INVESTMENT POLICY OR BYLAWS WILL BE MADE AVAILABLE UPON REQUEST. A NOTICE TO THIS EFFECT IS AVAILABLE ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9 CHANGE IN SPLIT INTEREST AGREEMENTS -77,677 ADMINISTRATIVE FEE INCOME 412,846 SPECIAL EVENT EXPENSES 29,075 SPECIAL EVENT EXPENSES -29,075 ADMINISTRATIVE FEE INCOME -412,846 TOTAL -77,677 LANE COMMUNITY COLLEGE 4000 E 30TH AVE EUGENE OR 974050640 930546223 COLLEGE OR 6 N/A false false true true false false false false false false true false false false false true true false true false LANE COMMUNITY COLLEGE B 1382507 ACTUAL COST LANE COMMUNITY COLLEGE O 302188 ACTUAL COST LANE COMMUNITY COLLEGE P 885116 ACTUAL COST LANE COMMUNITY COLLEGE R 241665 ACTUAL COST