2020-01-08T08:45:40-08:00 2019-08-31 742804360 Prothro Wilhelmi & Company PLLC 6855 Oak Hill Blvd Tyler TX 75703 990 2018-09-01 756046816 TYLER JUNIOR COLLEGE FOUNDATION TYLE 9035102868 PO BOX 9020 TYLER TX 75711 MITCH ANDREWS Executive Director 2020-01-08 true Walter K Wilhelmi P00111966 9035348811 2018 2020-09-23 17:36:50Z MITCH ANDREWS PO BOX 9020 TYLER TX 75711 20774715 false false X WWW.TJC.EDU/FOUNDATION X 1965 TX To strengthen the higher educational resources of Texas by encouraging a program of benefactors to Tyler Junior College. 25 25 0 50 0 13387927 17010670 0 2602891 3606082 58921 62451 16049739 20679203 2748574 4252924 0 0 0 25801 118322 105163 2866896 4358087 13182843 16321116 64216617 80030172 928554 770281 63288063 79259891 To strengthen the higher educational resources of Texas by encouraging a program of benefactors to Tyler Junior College. false false 2601828 2601828 Support programs and projects to promote the mission of Tyler Junior College including expenditures for art, athletics, technology, international goodwill travel, library, nursing and other academics. In addition, the foundation contributed funds for the construction of the new Robert M. Rogers Nursing and Health Science building. 1651096 1651096 Awarded more than 1200 scholarships from permanently and temporarily restricted funds to 760 TJC students. These awards make it possible for many of the students to receive a college education which they could not otherwise afford, helping them to become leaders in their community. 4252924 true true false false false false false false false true true false false false false true true false false false false false false false true false false true true false false false false false false false false false false false false true true false false false true false true false true 16 0 true 0 false false false false false false false true true false 0 false false false true false false false false false false false false X 25 25 false false true false false false false true true false false true true true true true true false false false X X NANCY DAVIS 9035102868 PO BOX 9020 TYLER TX 75711 X MARILYN ABEGG-GLASS Director 0.00 0.00 X 0 0 0 JEFF BUIE Director 0.00 0.00 X 0 0 0 SCOTT ELLIS Director 0.00 0.00 X 0 0 0 KEVIN ELTIFE Director 0.00 0.00 X 0 0 0 ANNETTE FINDLEY Director 0.00 0.00 X 0 0 0 RUSTY FLETCHER Director 0.00 0.00 X 0 0 0 LEE GIBSON Director 0.00 0.00 X 0 0 0 LAVERNE GOLLOB Director 0.00 0.00 X 0 0 0 BILLIE HARTLEY Director 0.00 0.00 X 0 0 0 MARTIN HEINES Director 0.00 0.00 X 0 0 0 DR PAUL LATTA Director 0.00 0.00 X 0 0 0 JIM LESTOR Director 0.00 0.00 X 0 0 0 MEL LOVELADY Director 0.00 0.00 X 0 0 0 ANDY NAVARRO Director 0.00 0.00 X 0 0 0 JOSEPH ORNELAS Director 0.00 0.00 X 0 0 0 LOUISE ORNELAS Director 0.00 0.00 X 0 0 0 PAUL OWEN Director 0.00 0.00 X 0 0 0 JIM PERKINS Director 0.00 0.00 X 0 0 0 SHERYL ROGERS PALMER Director 0.00 0.00 X 0 0 0 SAM ROOSTH Director 0.00 0.00 X 0 0 0 FREDDIE SANCHEZ Director 0.00 0.00 X 0 0 0 TOM SEALE Director 0.00 0.00 X 0 0 0 DR SHERILYN WILLIS Director 0.00 0.00 X 0 0 0 JIMMY MURPHY Director 0.00 0.00 X 0 0 0 DAVID MCCULLOUGH Chairman 2.00 0.00 X X 0 0 0 BILLY HIBBS JR Vice Chairman 2.00 0.00 X X 0 0 0 LAURA HYDE Treasurer 0.00 0.00 X X 0 0 0 VERNA HALL Secretary 0.00 0.00 X X 0 0 0 MITCH ANDREWS Executive Dir. 40.00 0.00 X 0 105602 15000 SHELBY GOULD COO 40.00 0.00 X 0 66862 26705 172464 41705 0 false false false 0 167576 16843094 475426 17010670 0 1731019 1731019 0 62451 62451 0 1875063 1875063 1875063 1875063 95512 167576 95512 0 0 0 0 20679203 3668533 2601828 2601828 1651096 1651096 0 0 0 0 0 0 0 0 0 0 17100 17100 0 0 0 30998 30998 26827 1026 25801 0 0 0 0 0 0 0 4225 4225 0 0 6161 6161 REAL ESTATE TAXES 7716 7716 CONTRACT SERVICES 7600 7600 Other Expense 4536 4536 0 4358087 4252924 79362 25801 40076 351491 2411919 2075752 0 1583105 4532070 0 0 0 0 881755 624159 726290 720442 726290 57753391 70932013 779306 745728 0 0 46623 42669 64216617 80030172 827823 669412 100731 100869 928554 770281 X 11547243 13057501 4949260 46791560 66202390 63288063 79259891 64216617 80030172 16321116 -349288 X false true X true false X X 1 TYLER JUNIOR COLLEGE 756002676 2 true 2601828 0 1 2601828 0 true false false false false false false false false false false false false false false true true false X true true Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu the Tyler Junior College Foundation was organized and incorporated on January 18, 1965 for the purpose of stimulating voluntary private support from alumni, parents, friends, corporations, foundations and others for the benefit of Tyler Junior College. The Foundation exists to raise and manage private resources to support the mission and priorities of the College and to provide opportunities for students. Part IV, Section E, Line 2b: Reasons For The Organization's Position The Foundation is dedicated to assisting the College in building endowment and in addressing, through financial support, the long-term academic and other priorities of the College. The two main forms of financial support to the College are in grants made directly to the College and in scholarships to individuals so that they are able to attend the College. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61031315 17106182 3319245 4252924 200675 2855490 74147653 48339809 13445919 2913255 2748574 176314 742780 61031315 45357337 3875189 3470151 3843576 205823 313469 48339809 43006612 2800994 2461612 3307587 86033 -481739 45357337 44326696 3667333 -206403 4886235 149178 -254399 43006612 0.10720 0.89280 true false false 726290 726290 726290 GOLLOB CHARITABLE TRUST 187060 F INTEGRITY LIFE INSURANCE COMPANY 295505 F X 20425427 -349288 95512 -253776 20679203 20679203 4453599 95512 95512 4358087 4358087 Part X : FIN48 Footnote NOTE 1 - FEDERAL INCOME TAX STATUSTHERE WERE NO UNCERTAIN TAX POSITIONS FOR WHICH THE FOUNDATION BELIEVES A LIABILITY SHOULD BE RECORDED AS OF AUGUST 31,2019 AND 2018. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 DONATIONS TO FUND EVENTS $95512 Part XII, Line 2d: Other expenses and losses per audited F/S DONATIONS TO FUND EVENTS $95512 false Golf Tourn. 147807 96282 51525 51525 LEGENDS OF TJC 115281 71294 43987 43987 263088 167576 95512 95512 95512 true Tyler Junior College P O Box 9020 Tyler TX 75711 2216586 385242 REPLACEMENT COST DONATED GOODS Institutional Support 0 1 ACADEMIC SCHOLARSHIPS 760 1651096 X 1 8000 REPLACE COST X 853 REPLACE COST X 1 23000 COMPARABLE SALES X 1 183773 APPRAISAL X 5 9600 REPLACE COST X AUTO PARTS 1 204137 REPLACE COST X EQUIPMENT 1 25000 REPLACE COST X GIFT CARDS 1 5265 REDEEMABLE VALUE X AUTO PARTS 1 1 REPLACE COST X PRINTING 1 2000 REPLACE COST X CART SPONSOR 1 3500 COST X TENT SPONSOR 1 1000 COST X EQUIP/SUPPLIES 4 4510 REPLACE COST X PRIZES 41 4787 REDEEM VALUE false true false Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents During the fiscal year, the Board of Directors approved 5 resolutions. All 5 resolutions were signed and notarized on 11 April, 2019.Resolution 25 authorizes the Investment Committee to make all decisions related to investments, investment managers, and the Foundation's investment policy.Resolution 26 authorizes the Executive Committee to manage the business and affairs of the Foundation between the board's regular semi-annual meetings.Resolution 27 sets the Foundation's endowment spending rate for the academic year 2019-2020 at 4.0% of market value based on a twelve quarter rolling average between 9/1/2015 and 8/31/2018.Resolution 28 authorizes the Investment Committee to allocate up to $1,000,000 in endowment earnings in excess of the spend rate to support TJC Promise scholarships.Resolution 29 authorizes the Executive Committee to select and enter a loan agreement with a financial institution specifically and only for the purpose of underwriting pledges of no more than $7.5 million toward new construction of the Rogers Palmer Performing Arts Center. Form 990, Part VI, Line 11b: Form 990 Review Process The IRS Form 990 is reviewed by the Chief Financial Officer for the Foundation andthe Executive Director of the Foundation. The President of the Foundation and theExecutive Committee review the form prior to submission to the IRS. The Form 990 ismade available to each voting member of the Foundation's Board of Directors. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Foundation monitors enforcement of the Conflict of Interest policy on an annualbasis. All board members must sign a conflict of interest statement disclosing anypotential conflicts of interest. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Documents are available upon request. TYLER JUNIOR COLLEGE PO BOX 9020 TYLER TX 75711 756002676 HIGHER EDUCATION TX N/A false TYLER JUNIOR COLLEGE PO BOX 9020 TYLER TX 75711 756002676 HIGHER EDUCATION TX N/A false false true false false false false true false false false false false false true true false false false false TYLER JUNIOR COLLEGE b 2216586 CASH TYLER JUNIOR COLLEGE g 183773 APPRAISAL TYLER JUNIOR COLLEGE n 146290 COST TYLER JUNIOR COLLEGE o 657058 COST TYLER JUNIOR COLLEGE b 385242 FMV Related party services provided: Tyler Junior College provides substantially all administrative staff and supplies to the Foundation at no cost. Cost to Tyler Junior College for staff and supplies was $803,348. This is reflected in Part V, Lines 1(n) and 1(o)