2020-12-18T10:23:19-06:00 2020-06-30 351178661 BLUE & CO LLC 2650 EASTPOINT PKWY SUITE 300 LOUISVILLE KY 40223 990 2019-07-01 237035648 JEFFERSON COMMUNITY TECHNICAL COLLEGE FOUNDATION INC JEFF 5022132495 109 EAST BROADWAY NO 302A LOUISVILLE KY 40202 DON SCHIEMAN EXECUTIVE DIRECTOR 5025840181 2020-12-18 1 GREG JACKSON CPA P00077314 5029923500 2020-12-18 2019 2022-09-23 18:48:47Z DON SCHIEMAN 109 EAST BROADWAY NO 302A LOUISVILLE KY 40202 2065450 0 X N/A X 1968 KY THE MISSION OF THE JEFFERSON COMMUNITY & TECHNICAL COLLEGE FOUNDATION, INC. IS TO DEVELOP STRATEGIC ALLIANCES WITH PRIVATE AND PUBLIC RESOURCES AND TO PURSUE EXTERNAL FUNDING SOURCES THAT BENEFIT JEFFERSON COMMUNITY & TECHNICAL COLLEGE. 29 27 0 50 0 0 2006952 1966914 0 0 95131 30039 28351 -19398 2130434 1977555 3893549 881938 0 0 0 -10000 40883 10000 21244 130669 125430 4065101 1007368 -1934667 970187 4944012 6301309 35209 402897 4908803 5898412 THE MISSION OF THE JEFFERSON COMMUNITY & TECHNICAL COLLEGE FOUNDATION, INC. IS TO DEVELOP STRATEGIC ALLIANCES WITH PRIVATE AND PUBLIC RESOURCES AND TO PURSUE EXTERNAL FUNDING SOURCES THAT BENEFIT JEFFERSON COMMUNITY & TECHNICAL COLLEGE. 0 0 136848 136848 SCHOLARSHIPS PROVIDED FOR STUDENTS TO ATTEND JEFFERSON COMMUNITY & TECHNICAL COLLEGE. 823847 745090 PROJECTS TO SUPPORT STUDENT SUPPORT INITIATIVES, PROGRAMS AND OPERATIONS. 960695 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 29 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 KY X X DON SCHIEMAN 5022132451 JEFFERSON COMMUNITY AND TECHNICAL LOUISVILLE KY 40202 X CARL J BENSINGER CHAIR EMERITUS 2.00 X 0 0 0 NEVILLE BLAKEMORE MEMBER 2.00 X 0 0 0 CATHE DYKSTRA MEMBER 2.00 X 0 0 0 CHIP HANCOCK MEMBER 2.00 X X 0 0 0 DON FITZPATRICK CHAIIR 2.00 X 0 0 0 ANKUR GOPAL MEMBER 2.00 X 0 0 0 DOUGLAS JONES MEMBER 2.00 X 0 0 0 ANNE SCHULTZE EDWARDS MEMBER 2.00 X 0 0 0 LYNN FISHER SECRETARY 2.00 X 0 0 0 BRITTANY MCCONNELL MEMBER 2.00 X 0 0 0 RICK FIELDS CPA TREASURER 2.00 X 0 0 0 TOM QUICK MEMBER 2.00 X 0 0 0 CARLA DEARING MEMBER 2.00 X 0 0 0 GREG GOFF MEMBER 2.00 X 0 0 0 TRACY JANSEN MEMBER 2.00 X 0 0 0 PAUL PERKINS MEMBER 2.00 X 0 0 0 KEVIN WARDELL MEMBER 2.00 X 0 0 0 DAVID DAFOE MEMBER 2.00 X 0 0 0 BRETT BEARFIELD MEMBER 2.00 X 0 0 0 LEIGH COOPER MEMBER 2.00 X 0 0 0 JOHN CROCKETT III MEMBER 2.00 X 0 0 0 VIC TOPPER MEMBER 2.00 X 0 0 0 JEFFREY JASNOFF MEMBER 2.00 X 0 0 0 AMANDA MAIN MEMBER 2.00 X 0 0 0 ANN ELISABETH LARSON PHD MEMBER 2.00 X 0 0 0 TODD SCHMIEDELER PHD MEMBER 2.00 X 0 0 0 DON SCHIEMAN EX OFFICIO - EXECUTIVE DIR 20.00 20.00 X 0 107673 46503 DR TY HANDY EX OFFICIO - PRESIDENT 2.00 40.00 X 0 234700 100360 CHRISTY RALSTON VICE CHAIR 2.00 X 0 0 0 0 342373 146863 0 0 1 0 0 170660 1796254 25710 1966914 30039 30039 68497 170660 87895 -19398 -19398 1977555 0 0 10641 X 745090 745090 136848 136848 7100 7100 24189 24189 3896 3896 OTHER EXPENSES PROGRAM 51912 51912 ADVANCEMENT ACTIVITIES 21645 2236 11375 8034 CAMPAIGN EXPENSE 9386 9386 OTHER EXPENSES 4244 420 3824 3058 3058 1007368 960695 25429 21244 99 99 2190102 4192559 1452655 480672 281000 8481 2217 247626 285516 1045049 1059246 4944012 6301309 9959 2897 400000 25250 0 35209 402897 X 2426517 2117715 2482286 3780697 4908803 5898412 4944012 6301309 X 970187 5225 14197 X 0 1 X 0 0 X 867561 237643 3746419 2006952 1966914 8825489 867561 237643 3746419 2006952 1966914 8825489 2870592 5954897 10305 14477 60051 95918 30039 210790 14667 14667 9050946 176173 0.65790 0.59190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 152688 33546 186234 151901 787 152688 150991 910 151901 150847 144 150991 148847 2000 150847 1.00000 0 0 0 INVESTMENT IN JOINT VENTURE 1059246 1059246 X 2084872 19422 87895 107317 1977555 0 1977555 1095263 87895 87895 1007368 0 1007368 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2020 AND 2019, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. AS SUCH, THE FOUNDATION IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, THE FOUNDATION IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, WHICH IS AN INFORMATIONAL RETURN ONLY. ADDITIONALLY, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE WERE NO INCOME TAXES IMPOSED RELATED TO UNRELATED BUSINESS INCOME AS OF JUNE 30, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 87,895. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 87,895. X 1 ASHLEY ROUNDTREE & ASSOCIATES 2525 NELSON MILLER PARKWAY LOUISVILLE KY 40223 CAMPAIGN CONSULTING 0 0 0 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY JUBILEE 222597 170660 51937 3660 24994 59241 OTHER 16560 16560 239157 170660 68497 3660 24994 59241 87895 -19398 0 JEFFERSON COMMUNITY & TECHNICAL COLLEGE 109 EAST BROADWAY LOUISVILLE KY 40202 611320380 501 (C) )3) 666408 GRANTS PROVIDED TO SUPPORT COLLEGE INITIATIVES JEFFERSON COUNTY PUBLIC SCHOOLS 3332 NEWBURG ROAD LOUISVILLE KY 40218 78682 GRANTS PROVIDED TO SUPPORT INITIATIVE TO PREPARE STUDENTS FOR COLLEGE SCHOLARSHIPS 123 136848 0 0 0 0 0 0 0 0 0 DON SCHIEMAN EX OFFICIO - EXECUTIVE DIR 0 106673 0 1000 0 0 0 10767 0 35736 0 154176 0 0 DR TY HANDY EX OFFICIO - PRESIDENT 0 233700 0 1000 0 0 0 22070 0 78290 0 335060 0 0 NEVILLE BLAKEMORE BOARD MEMBER 9120 NEVILLE BLAKEMORE IS A CONSULTANT WITH ASHLEY/ROUNTREE & ASSOC WHICH PROVIDES CAMPAIGN CONSULTING 0 X AUCTION ITEMS 55 25710 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE JCTC FOUNDATION, WHICH IS CHAIRED BY THE TREASURER, REVIEWS THE 990 PRIOR TO AUTHORIZING THE EXECUTIVE DIRECTOR TO SIGN AND FILE THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE FULL GOVERNING BOARD. EACH MEMBER IS ASKED TO SIGN THE POLICY TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE TO THE PUBLIC UPON REQUEST. PART XII LINE 2C THE ORGANIZATION HAS A FINANCE COMMITTEE WHICH HAS THE RESPONSIBILITY OF PROVIDING OVERSIGHT OF THE AUDIT AND SELECTION OF THE AUDIT FIRM. FORM 990, PART IX, LINE 24E MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,627. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,627. DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,431. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,431. FORM 990, PART XI, LINE 9: GAIN IN JOINT VENTURE 14,197. JEFFERSON COMMUNITY & TECHNICAL COLLEGE 109 EAST BROADWAY LOUISVILLE KY 40202 611320380 TO PREPARE STUDENTS FOR A FOUR YEAR DEGREE OR ENTER A CAREER KY 501(C)(3) 170(B)(1)A(IV) N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 JEFFERSON COMMUNITY & TECHNICAL COLLEGE R 666408 CASH PAYMENTS