MUSCATINE COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
MUSCATINE COMMUNITY COLLEGE FOUNDATION (EIN 42-6067964)
Tax period
2019-07-01 to 2020-06-30
Filed
2020-11-16
IRS object ID
202013219349302926
Schema version
2019v5.0
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)
Return2020-11-16T08:34:18-06:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN843494804PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BECKEY & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 CEDAR STAddressLine1Txt
CityMUSCATINECityNm
State AbbreviationIAStateAbbreviationCd
ZIP527614208ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN426067964EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MUSCATINE COMMUNITYBusinessNameLine1Txt
Business Name Line2COLLEGE FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMUSCBusinessNameControlTxt
Phone5632886003PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 COLORADOAddressLine1Txt
CityMUSCATINECityNm
State AbbreviationIAStateAbbreviationCd
ZIP52761ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVIC MCAVOYPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3095824266PhoneNum
Signature2020-11-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonVICKI A BECKEYPreparerPersonNm
PTINP00226738PTIN
Phone5632642727PhoneNum
Preparation2020-11-11PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address52.38.98.93IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-16IPDt
IP Tm08:34:18IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id93C37C1287CBF2BC2583671B2B26D38A278ABCB3AtSubmissionCreationDeviceId
At Submission Filing Device IdD3132046907EFCDE4BD91FD9A0CB13A1DD06B29BAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerVIC MCAVOYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 COLORADOAddressLine1Txt
CityMUSCATINECityNm
State AbbreviationIAStateAbbreviationCd
ZIP52761ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$827,475GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1961FormationYr
Legal Domicile StateIALegalDomicileStateCd
Activity Or MissionPROVIDING SCHOLARSHIPS TO STUDENTS ATTENDING MUSCATINE COMMUNITY COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$136,774PYContributionsGrantsAmt
CY Contributions Grants$417,000CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$328,361PYInvestmentIncomeAmt
CY Investment Income$410,475CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$465,135PYTotalRevenueAmt
CY Total Revenue$827,475CYTotalRevenueAmt
PY Grants And Similar Paid$734,639PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$273,628CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$38,676PYOtherExpensesAmt
CY Other Expenses$40,814CYOtherExpensesAmt
PY Total Expenses$773,315PYTotalExpensesAmt
CY Total Expenses$314,442CYTotalExpensesAmt
PY Revenues Less Expenses-$308,180PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$513,033CYRevenuesLessExpensesAmt
Total Assets BOY$14,163,682TotalAssetsBOYAmt
Total Assets EOY$15,390,550TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$14,163,682NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$15,390,550NetAssetsOrFundBalancesEOYAmt
MissionPROVIDING SCHOLARSHIPS TO STUDENTS ATTENDING MUSCATINE COMMUNITY COLLEGE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$223,628ExpenseAmt
Grant$223,628GrantAmt
DescAWARDING 226 STUDENTS SCHOLARSHIPS FOR ATTENDING MUSCATINE COMMUNITY COLLEGE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$50,000ExpenseAmt
Grant$50,000GrantAmt
DescLOPER HALL RENOVATION PROJECT FOR MCC. UPGRADED ELECTRICAL, TECHNOLOGY AND OTHER KEY INFRASTRUCTURE PIECES OF THE BUILDING. ADDED NEW COMPUTERS, TELEVISIONS, RECORDING STUDIO. THESE ADDED FEATURES AND UPGRADES BENEFIT ALL STUDENTS WITH ALL LIBRARY AND STUDY NEEDS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$273,628TotalProgramServiceExpensesAmt
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 SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
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 ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
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
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
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 Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
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 CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTDT CPAS AND ADVISORSPersonNm
Phone5632642727PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 CEDAR STREETAddressLine1Txt
CityMUSCATINECityNm
State AbbreviationIAStateAbbreviationCd
ZIP52761ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BOB ALLBEE
DIRECTOR0.58Yes (X)Yes (X)$0$0$0
JONI AXEL
DIRECTOR0.23Yes (X)$0$0$0
ALICIA BULL
DIRECTOR0.23Yes (X)$0$0$0
GERALD F DENNING
PRESIDENT0.58Yes (X)Yes (X)$0$0$0
CAROL DUFFE
DIRECTOR0.23Yes (X)$0$0$0
JOHN EICHELBERGER
DIRECTOR0.23Yes (X)$0$0$0
DIANA GRADERT
DIRECTOR0.23Yes (X)$0$0$0
BARB HYMAN
DIRECTOR0.23Yes (X)$0$0$0
KRIS LEE
DIRECTOR0.23Yes (X)$0$0$0
JAY LOGEL
DIRECTOR0.23Yes (X)$0$0$0
VIC MCAVOY
EXECUTIVE DI10.00Yes (X)Yes (X)$0$0$0
JERRY PAGE
SECRETARY0.58Yes (X)Yes (X)$0$0$0
MANDY PARCHERT
DIRECTOR0.23Yes (X)$0$0$0
CECIL VANDYGRIFF
TREASURER0.58Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$7,500GovernmentGrantsAmt
All Other Contributions$409,500AllOtherContributionsAmt
Total Contributions$417,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$410,475TotalRevenueColumnAmt
Exclusion$410,475ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$827,475TotalRevenueColumnAmt
Exclusion$410,475ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$50,000TotalAmt
Program Services$50,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$223,628TotalAmt
Program Services$223,628ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$12,522TotalAmt
Management And General$12,522ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$15,801TotalAmt
Management And General$15,801ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,898TotalAmt
Management And General$2,898ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
MISCELLANEOUS$4,802$4,802
MEALS & ENTERTAINMENT$4,791$4,791

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$314,442TotalAmt
Program Services$273,628ProgramServicesAmt
Management And General$40,814ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$432,591BOYAmt
EOY$461,575EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$100,000BOYAmt
EOY$75,000EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$13,631,091BOYAmt
EOY$14,853,975EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,163,682BOYAmt
EOY$15,390,550EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$461,332BOYAmt
EOY$493,744EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,702,350BOYAmt
EOY$14,896,806EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,163,682BOYAmt
EOY$15,390,550EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,163,682BOYAmt
EOY$15,390,550EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$513,033ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$713,835NetUnrlzdGainsLossesInvstAmt
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)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1MUSCATINE COMMUNITY COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN420924364EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$273,628SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$273,628SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided DocumentsfalseTimelyProvidedDocumentsInd
Officers Close RelationshipYes (true)OfficersCloseRelationshipInd
Supported Org Voice InvestmentfalseSupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Activities TestYes (X)ActivitiesTestInd
Governmental EntityYes (X)GovernmentalEntityInd
Activities Further Exempt PrpsfalseActivitiesFurtherExemptPrpsInd
Activities Engaged Org InvlmntfalseActivitiesEngagedOrgInvlmntInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, SECTION E, LINE 1CFormAndLineReferenceDesc
ExplanationPROVIDED SCHOLARSHIPS FOR STUDENTS TO ATTEND THE COLLEGE AND FUNDED RENOVATIONS.ExplanationTxt

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$14,011,631BeginningYearBalanceAmt
Contributions$417,000ContributionsAmt
Investment Earnings Or Losses$1,108,472InvestmentEarningsOrLossesAmt
Other Expenditures$327,567OtherExpendituresAmt
End Year Balance$15,209,536EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,505,840BeginningYearBalanceAmt
Contributions$136,774ContributionsAmt
Investment Earnings Or Losses$1,151,377InvestmentEarningsOrLossesAmt
Other Expenditures$782,360OtherExpendituresAmt
End Year Balance$14,011,631EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,295,066BeginningYearBalanceAmt
Contributions$531,386ContributionsAmt
Investment Earnings Or Losses$929,524InvestmentEarningsOrLossesAmt
Other Expenditures$1,250,136OtherExpendituresAmt
End Year Balance$13,505,840EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$12,187,602BeginningYearBalanceAmt
Contributions$234,326ContributionsAmt
Investment Earnings Or Losses$1,136,133InvestmentEarningsOrLossesAmt
Other Expenditures$262,995OtherExpendituresAmt
End Year Balance$13,295,066EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,019,273BeginningYearBalanceAmt
Contributions$792,820ContributionsAmt
Investment Earnings Or Losses$634,463InvestmentEarningsOrLossesAmt
Other Expenditures$258,954OtherExpendituresAmt
End Year Balance$12,187,602EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.02060BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY0.97940TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Total Rev Etc Audited Fincl Stmt$1,612,191TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$784,716NetUnrealizedGainsInvstAmt
Revenue Not Reported$784,716RevenueNotReportedAmt
Revenue Subtotal$827,475RevenueSubtotalAmt
Total Revenue Per Form990$827,475TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$314,442TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$314,442ExpensesSubtotalAmt
Total Expenses Per Form990$314,442TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 2, PART V, LINE 4FormAndLineReferenceDesc
ExplanationTHE INTENDED USES OF THE ENDOWMENT FUNDS ARE TO CONTINUE PRODUCING INCOME FROM INVESTMENTS AND INCOME IS TO BE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS.ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1MUSCATINE COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 COLORADO STAddressLine1Txt
CityMUSCATINECityNm
State AbbreviationIAStateAbbreviationCd
ZIP52761ZIPCd
FieldValueIRS element (for citing)
Recipient EIN420924364RecipientEIN
Cash Grant$50,000CashGrantAmt
Purpose Of GrantPROGRAM SUPPORTPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient226RecipientCnt
Cash Grant$223,628CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationSCHOLARSHIP FUNDS ARE GIVEN THROUGH SCHOLARSHIP PROPOSALS THAT HAVE BEEN SUBMITTED BY THE COLLEGE STAFF. THE FUNDS ARE HELD BY THE FOUNDATION UNTIL THE COLLEGE STAFF SUBMITS AN INVOICE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BTHE FINANCE COMMITTEE REVIEWS THE FORM 990 WITH THE PREPARER.
FORM 990, PAGE 6, PART VI, LINE 12CTHE FINANCE COMMITTEE MONITORS AND ENFORCES THE COMPLIANCE WITH THE POLICY.
FORM 990, PAGE 6, PART VI, LINE 19THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1MUSCATINE COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 COLORADO STAddressLine1Txt
CityMUSCATINECityNm
State AbbreviationIAStateAbbreviationCd
ZIP52761ZIPCd
FieldValueIRS element (for citing)
EIN420924364EIN
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateIALegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status2PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.