2020-05-11T18:42:33-05:00 2019-06-30 Grant Thornton LLP 100 E Wisconsin Ave Milwaukee WI 53202 990 2018-07-01 237103807 TULSA COMMUNITY COLLEGE FOUNDATION % BRENT ANDERSON TULS 9185957977 6111 E Skelly Drive Suite 608 Tulsa OK 74135 KARI SHULTS PRESIDENT 9185957977 2020-05-11 true MICHELLE L WEBER P00556798 4142898200 2020-05-07 68.126.212.22 39529020201325000012 2020-05-11 P 6098D55FF0E7CCF9C3E403A7CE8C578524A243B8 BB71671E61CB234D07B6FC6BD8513FE58F54C2F4 2018 2021-01-29 14:40:06Z DAVID STRATTON 6111 E Skelly Drive 608 Tulsa OK 74135 17639648 false X www.tulsacc.edu X 1970 OK TULSA COMMUNITY COLLEGE FOUNDATION PROVIDES SUPPORT TO TULSA COMMUNITY COLLEGE (TCC) AND ITS MISSION BY DEVELOPING KEY RELATIONSHIPS AND FINANCIAL RESOURCES. 42 42 2 42 0 10241648 10266996 0 0 420642 1287655 -108344 -80148 10553946 11474503 2256170 5033064 0 0 148334 91645 0 0 84299 214936 233950 2619440 5358659 7934506 6115844 18996409 25385039 429475 1319618 18566934 24065421 TULSA COMMUNITY COLLEGE FOUNDATION PROVIDES SUPPORT TO TULSA COMMUNITY COLLEGE (TCC) AND ITS MISSION BY DEVELOPING KEY RELATIONSHIPS AND FINANCIAL RESOURCES. false false 4532712 4532712 SUPPORT OF TCC FACILITIES, ADVISORS, AND ACADEMIC PROGRAMS. THIS YEAR THE BIOLOGY AND CHEMISTRY LABS WERE RENOVATED; THE TEAM OF ACADEMIC ADVISORS WAS EXPANDED TO 24; CONTINUATION OF FUNDING VARIOUS TCC ACADEMIC PROGRAMS AND INITIATIVES. 345539 345539 SUPPORT OF TCC COLLEGE STUDENTS, FACULTY, ACTIVITIES AND CAMPUS EVENTS: THE TCC FOUNDATION SUPPORTS STUDENTS WITH A VARIETY OF SCHOLARSHIPS BASED ON ACADEMIC MERIT, FINANCIAL NEED, AND COURSE OF STUDY. THE FACULTY REQUESTS FOUNDATION FUNDING FOR PROJECTS, ACTIVITIES AND CAMPUS EVENTS INCLUDING COST FOR TRAVEL, EQUIPMENT, SUPPLIES, TRAINING, ETC. TO ENHANCE THE COLLEGE EXPERIENCE. 154813 154813 OTHER PROGRAM SERVICE EXPENSES FOR THE YEAR INCLUDED $50,726 TO SUPPORT TCC'S SIGNATURE SYMPHONY and $104,087 TO PROMOTE KEY RELATIONSHIPS AND SUPPORT CRITICAL INITIATIVES IN KEEPING WITH THE COLLEGE'S STRATEGIC PLAN AND VALUES IN THE COMMUNITIES WE SERVE THROUGH SPONSORSHIPS AND PROGRAM SUPPORT. 5033064 true true false false false false false false false true false false false false false true 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 false false false false true 42 0 true 2 true false false false false false true true false false false false false false X 42 42 false false false false false false false true false false false true true true true true true false false false OK X BRENT ANDERSON 9185957977 6111 E SKELLY DRIVE 618 TULSA OK 74135 KONNIE BOULTER CHAIR-12/18; PAST CHAIR-1/19 2.0 0.0 X X 0 0 0 ALANA HUGHES PAST CHAIR-12/18; TRUSTEE-1/19 1.0 0.0 X 0 0 0 PHILLIP LAKIN JR VC-THRU 12/18; CHAIR-1/19 3.0 0.0 X X 0 0 0 DAVID STRATTON SEC/TREAS-THRU 12/18; VC-1/19 2.0 0.0 X X 0 0 0 ANDY KINSLOW TRUSTEE 1.0 0.0 X 0 0 0 BILLIE BARNETT TRUSTEE 1.0 0.0 X 0 0 0 CARLIN CONNER TRUSTEE 1.0 0.0 X 0 0 0 CHAD ZAMAIN TRUSTEE 1.0 0.0 X 0 0 0 David Cole Trustee 1.0 0.0 X 0 0 0 David Kollmann Trustee 1.0 0.0 X 0 0 0 Dr Eleanor Payne Trustee 1.0 0.0 X 0 0 0 Ed Fariss Trustee 1.0 0.0 X 0 0 0 Henry Primeaux III Trustee 1.0 0.0 X 0 0 0 James Dunn Trustee 1.0 0.0 X 0 0 0 Jim Cameron Trustee 1.0 0.0 X 0 0 0 Jim Langdon Trustee 1.0 0.0 X 0 0 0 Joan Parkhurst Trustee 1.0 0.0 X 0 0 0 John Rupe Trustee 1.0 0.0 X 0 0 0 Kirk Hays Trustee 1.0 0.0 X 0 0 0 Leeland Alexander Trustee 1.0 0.0 X 0 0 0 Liestte Coston Trustee 1.0 0.0 X 0 0 0 R Louis Reynolds Trustee 1.0 0.0 X 0 0 0 Mary Shaw Trustee 1.0 0.0 X 0 0 0 Melinda Stinnett Trustee 1.0 0.0 X 0 0 0 Mina Lotti Trustee 1.0 0.0 X 0 0 0 E Paul Samuels Trustee 1.0 0.0 X 0 0 0 Pierce Norton II Trustee 1.0 0.0 X 0 0 0 Roger Ramseyer Trustee 1.0 0.0 X 0 0 0 Sharon King Davis Trustee 1.0 0.0 X 0 0 0 Steve Turnbo Trustee 1.0 0.0 X 0 0 0 Susan Harris Trustee 1.0 0.0 X 0 0 0 Susan Neal Trustee 1.0 0.0 X 0 0 0 M Ted Haynes Trustee 1.0 0.0 X 0 0 0 Teresa Meinders Burkett Trustee 1.0 0.0 X 0 0 0 Tim Lyons TRUSTEE-12/18; SEC/TREAS-1/19 2.0 0.0 X X 0 0 0 William Lissau Trustee 1.0 0.0 X 0 0 0 Scott Asbjornson Trustee 1.0 0.0 X 0 0 0 Jeff Brooks Trustee 1.0 0.0 X 0 0 0 Kevin Gross Trustee 1.0 0.0 X 0 0 0 Jennifer Jezek Trustee 1.0 0.0 X 0 0 0 Jackie Price Johnson Trustee 1.0 0.0 X 0 0 0 Sean Kouplen Trustee 1.0 0.0 X 0 0 0 Meredith Siegfried Madden Trustee - thru 12/18 1.0 0.0 X 0 0 0 Shane Fernandez Trustee - thru 12/18 1.0 0.0 X 0 0 0 Steven Fate Trustee - thru 12/18 1.0 0.0 X 0 0 0 Lauren Brookey President 17.0 0.0 X 67263 0 10546 Terri Floistad Director Foundation Finance 32.0 0.0 X 59330 0 12991 126593 0 23537 0 false false true 0 404260 9862736 118407 10266996 0 290761 290761 0 0 0 0 0 7039291 6042397 996894 996894 996894 42600 404260 122748 -80148 -80148 0 0 0 0 0 0 0 11474503 1207507 4687525 4687525 345539 345539 0 0 55426 55426 0 24930 24930 0 11289 11289 0 0 23721 23721 10950 10950 0 0 38386 38386 15000 15000 0 15325 15325 0 0 0 0 0 19007 19007 0 0 0 3262 3262 REIMBURSED SERVICES TO TCC 24000 24000 MEALS & ENTERTAINMENT 61637 61637 GRAPHIC DESIGN & PRINTING 17766 17766 CREDIT CARD PROCESSING FEES 4896 4896 5358659 5033064 241296 84299 158249 698743 6229381 11439347 5090663 4604998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7518116 8641951 0 0 0 0 0 0 0 0 18996409 25385039 429475 1319618 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 429475 1319618 X 96415 119002 0 0 18470519 23946419 18566934 24065421 18996409 25385039 6115844 -617357 X false true X true false X 1190861 2264871 2445740 10241648 10266996 26410116 0 0 1190861 2264871 2445740 10241648 10266996 26410116 13554307 12855809 127928 118535 120341 179731 290761 837296 0 20580 32550 42120 45420 42600 183270 27430682 0.46866 0.45153 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7891031 1681439 486918 35676 1013179 9010533 7870685 55100 608708 18401 625061 7891031 6893646 235000 756958 14919 7870685 7034368 54179 -174021 20880 6893646 6867323 51982 137703 22640 7034368 1.00000 false false 0 0 X 10976658 -617357 35150 122748 -459459 11436117 38386 38386 11474503 5478171 35150 122748 157898 5320273 38386 38386 5358659 Intended Uses of Endowment Funds Form 990, Schedule D, Part V, Line 4 The Foundation uses the endowment earnings to fund scholarships, textbooks, endowed chairs, and a business lectureship. Liability for accounting for uncertainty in income taxes (ASC 740) Form 990, Schedule D, Part X, Line 2 The Internal Revenue Service has determined that the Foundation is a tax-exempt organization as defined in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal income taxes on related income. The Foundation is not considered a private foundation. The Foundation is also exempt from state income taxes under a similar provision of Oklahoma state statutes. Reconcilation of Revenue Form 990, Schedule D, Part XI, Line 2D Fundraising Event Expenses $122,748 Reconciliation of Expenses Form 990, Schedule D, Part XII, Line 2D Fundraising Event Expenses $122,748 VISION DINNER 333415 305815 27600 11213 34364 500 31855 OVERTURE DINNER 113445 98445 15000 18531 15200 11085 0 446860 404260 42600 18531 11213 49564 500 42940 122748 -80148 true TULSA COMMUNITY COLLEGE 6111 EAST SKELLY DRIVE TULSA OK 74135 736017987 STATE OF OK 4431304 0 TCC ACTIVITY SUPPORT TULSA COMMUNITY COLLEGE 6111 EAST SKELLY DRIVE TULSA OK 74135 736017987 STATE OF OK 50726 0 SIGNATURE SYMPHONY TULSA COMMUNITY COLLEGE 6111 EAST SKELLY DRIVE TULSA OK 74135 736017987 STATE OF OK 101408 0 CAPITAL PROJECTS TULSA COMMUNITY COLLEGE 6111 EAST SKELLY DRIVE TULSA OK 74135 736017987 STATE OF OK 104087 0 COMMUNITY RELATIONS 1 SCHOLARSHIPS 321 345539 0 Procedures for Monitoring the Use of Grant Funds in the U.S. Form 990, Schedule I, Part I, Line 2 The Foundation assembles a scholarship committee and with the use of software they collect, review and evaluate applications for eligibility and select those to be awarded. TCC invoices the Foundation for the full amount awarded per semester. All grant expenses are reviewed and approved by the Foundation's officials to ensure funds are being used for the intended grant purpose. false false false false false false false false false Lauren Brookey President 66677 586 7548 2998 77809 Terri Floistad Director Foundation Finance 58754 576 5190 7801 72321 Compensation from an unrelated organization Form 990, Part VII, Section A, Line 1 TCC, an unrelated organization, paid all compensation for the two individuals listed below in (A) and (B) for their services rendered to the filing organization. (A) The filing organization does not reimburse TCC for compensation paid to Lauren Brookey. (B) The filing organization reimburses TCC for the portion of compensation related to services performed for the foundation for Terri Floistad. Compensation reimbursements are reported on the statement of functional expenses on Form 990, Part IX, Line 5 as compensation of current officers and directors. X 1 1000 FMV X 9370 FMV X 1 103126 FMV X 3 440 FMV X GIFT CARDS & TICKETS 17 4471 FMV false false false SCHEDULE M, PART I, COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN COLUMN (B). Number of Employees on Form W-3 Form 990, Part V, Line 2a The number of employees listed as being on form w-3 is the total employee count for the foundation. While TCC is the common paymaster, the number of employees only includes the employee count for the foundation. Contemporaneous Documentation of Meetings Form 990, Part VI, Line 8b Formal minutes are not prepared for every committee meeting. However, committee chairs report activity to the entire governing body on a quarterly basis. As a result, all committee activity is included in the minutes for the Quarterly Board meetings of the FOundation's Board of Trustees. In addition, minutes are prepared for alL Finance & Investment Committee meetings. Form 990 Review Form 990, Part VI, Line 11A The filing organization utilitzes an independent accounting firm to complete the Form 990 and related schedules. Once the Form 990 is complete, it is presented to the Foundation Finance & Investment Committee for review and discussion. A complete copy of the Form 990 is made available to all of the trustees electronically prior to filing with the IRS. Written Conflict of Interest Policy Form 990, Part VI, Line 12 Each year, all foundation board members and key college employees are provided a conflict of interest inquiry and disclosure form to complete. The completed forms are reviewed by Tcc's Vice President for external affairs for any potential conflicts. Potential conflicts are referred to the foundation's legal counsel to assist with formulating plans to monitor matters for which the reporting board member would be excused from deliberations and voting. whistleblower policy Form 990, Part VI, Line 13 TCC employees who work on behalf of the foundation fall under the whistleblower policy provided by the state of Oklahoma. Process for determining compensation Form 990, Part VI, Line 15 The President of the foundation also has a college appointment as the VP External Affairs. Salary for this position is paid through college general funds. The amount of salary increase for the foundation president and other officer(s) is determined by the college. Public Availability Form 990, Part VI, Line 19 Copies of the foundation's policies, governing documents, and financial statements may be obtained upon request by calling (918) 595-7977 or in writing to 6111 East Skelly Drive, Suite 605, Tulsa, OK 74135-6198.