SANDHILLS COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
SANDHILLS COMMUNITY COLLEGE FOUNDATION INC (EIN 56-0946799)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-05-14
IRS object ID
202031359349302713
Schema version
2018v3.1
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)
Return2020-05-14T11:46:15-07:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1William R Huneycutt CPA PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1379 S Cox StAddressLine1Txt
CityAsheboroCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN560946799EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Sandhills Community College Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSANDBusinessNameControlTxt
Phone9106953731PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13395 Airport RoadAddressLine1Txt
CityPinehurstCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28374ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJohn R DempseyPersonNm
Person TitlePresidentPersonTitleTxt
Phone9106953731PhoneNum
Signature2020-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWilliam R HuneycuttPreparerPersonNm
PTINP01563932PTIN
Phone3366269970PhoneNum
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address174.111.227.74IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-05-14IPDt
IP Tm11:46:04IPTm
IP TimezonePDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id6D1AE3E5636FF72A012185A6575EAFC4C5160AE4AtSubmissionCreationDeviceId
At Submission Filing Device Id6D1AE3E5636FF72A012185A6575EAFC4C5160AE4AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJohn R DempseyPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13395 Airport RoadAddressLine1Txt
CityPinehurstCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28374ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,642,155GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressSANDHILLS EDU/FOUNDATION/INDEX.HTMLWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1969FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionThe mission of Sandhills Community College Foundation is to promote the mission of Sandhills Community College in the community and to seek financial support fromActivityOrMissionDesc
Voting Members Governing Body38VotingMembersGoverningBodyCnt
Voting Members Independent38VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers65TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,420,154PYContributionsGrantsAmt
CY Contributions Grants$6,073,758CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,940,399PYInvestmentIncomeAmt
CY Investment Income$2,402,737CYInvestmentIncomeAmt
PY Other Revenue$196,662PYOtherRevenueAmt
CY Other Revenue$165,660CYOtherRevenueAmt
PY Total Revenue$5,557,215PYTotalRevenueAmt
CY Total Revenue$8,642,155CYTotalRevenueAmt
PY Grants And Similar Paid$2,284,500PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,405,199CYGrantsAndSimilarPaidAmt
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$1,082,788PYOtherExpensesAmt
CY Other Expenses$991,818CYOtherExpensesAmt
PY Total Expenses$3,367,288PYTotalExpensesAmt
CY Total Expenses$3,397,017CYTotalExpensesAmt
PY Revenues Less Expenses$2,189,927PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,245,138CYRevenuesLessExpensesAmt
Total Assets BOY$28,269,913TotalAssetsBOYAmt
Total Assets EOY$33,611,689TotalAssetsEOYAmt
Total Liabilities BOY$1,061,374TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,158,012TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$27,208,539NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$32,453,677NetAssetsOrFundBalancesEOYAmt
MissionThe mission of Sandhills Community College Foundation is to promote the mission of Sandhills Community College in the community and to seek financial support fromMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,405,199ExpenseAmt
Grant$2,405,199GrantAmt
Revenue$0RevenueAmt
DescContributions to Sandhills Community CollegeDesc
Total Program Service Expenses$2,405,199TotalProgramServiceExpensesAmt
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
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
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 With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members38GoverningBodyVotingMembersCnt
Independent Voting Member38IndependentVotingMemberCnt
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 CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
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 CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJoseph BrownPersonNm
Phone9102464657PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13395 Airport RoadAddressLine1Txt
CityPinehurstCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28374ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Dr John Dempsey
Secretary-Treasurer1.00Yes (X)$0$269,361$6,304
C Foster Brown
Director1.00$0$0$0Yes (X)
Meredith Clifton
Director1.00$0$0$0Yes (X)
Linda Branch
Director1.00$0$0$0Yes (X)
John Cashion
Director1.00$0$0$0Yes (X)
Richard J Phelps
Director1.00$0$0$0Yes (X)
Elizabeth Skvarla
Director1.00$0$0$0Yes (X)
Marilyn Grube
Development Committee Chair1.00Yes (X)$0$0$0
Charles Eichhorn
Donor Relations Committee Chair1.00$0$0$0Yes (X)
Jon Giles
Director1.00$0$0$0Yes (X)
Pamela Guest
Director1.00$0$0$0Yes (X)
Catherine Milligan
Director1.00$0$0$0Yes (X)
John Williams
Director1.00$0$0$0Yes (X)
Sally Frick
Director1.00Yes (X)$0$0$0
Helen Probst Mills
Development Committe Chair1.00Yes (X)$0$0$0
Kathy Johnson
Director1.00$0$0$0Yes (X)
Susan Leader
Director1.00$0$0$0Yes (X)
Emmet Logan
Director1.00$0$0$0Yes (X)
Jeff Yow
Director1.00$0$0$0Yes (X)
Ann Hinchcliff
Director1.00$0$0$0Yes (X)
Robert Lovell
Director1.00$0$0$0Yes (X)
David Weiss
Director1.00$0$0$0Yes (X)
Charles Meyer
Board Chair1.00Yes (X)$0$0$0
Sherry Knappenberger
Director1.00$0$0$0Yes (X)
Nancy Ellis
Director1.00$0$0$0Yes (X)
John McKean
Director1.00$0$0$0Yes (X)
George W Little
Trustee Chair1.00Yes (X)$0$0$0
Stanley J Bradshaw
Director1.00$0$0$0Yes (X)
J J Jackson
Finance Committe Chair1.00Yes (X)$0$0$0
Kathy McPherson
Vice Chair1.00Yes (X)$0$0$0
David Woronoff
Director1.00$0$0$0Yes (X)
Mary McNeill
Director1.00$0$0$0Yes (X)
Konni McMurray
Director1.00$0$0$0Yes (X)
Rita DiNapoli
Director1.00$0$0$0Yes (X)
Penny Enroth
Director1.00$0$0$0Yes (X)
William Clement
Director1.00$0$0$0Yes (X)
Patrick Molamphy
Director1.00$0$0$0Yes (X)
Rosa Ronalter
Director1.00$0$0$0Yes (X)
Joseph Brown
Director of Finance20.00$0$67,617$7,144Yes (X)
Germaine Elkins
Director of Foundation40.00$0$81,210$8,707Yes (X)
Jennifer Dail
Director of Donor Relations40.00$0$60,504$8,707Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$478,692TotReportableCompRltdOrgAmt
Total Other Compensation$30,862TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Related Organizations$656,178RelatedOrganizationsAmt
All Other Contributions$5,417,580AllOtherContributionsAmt
Noncash Contributions$64,166NoncashContributionsAmt
Total Contributions$6,073,758TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,148,917TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,148,917ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$253,820SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$253,820SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$253,820TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$253,820ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$91,526FundraisingGrossIncomeAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$91,526TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$91,526ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMiscellaneousDesc
Business900099BusinessCd
Total Revenue Column$74,134TotalRevenueColumnAmt
Related Or Exempt Func Income$74,134RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$74,134OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,642,155TotalRevenueColumnAmt
Related Or Exempt Func Income$74,134RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,494,263ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,405,199TotalAmt
Program Services$2,405,199ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$438TotalAmt
Program Services$0ProgramServicesAmt
Management And General$438ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$377,299TotalAmt
Program Services$0ProgramServicesAmt
Management And General$377,299ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$11,370TotalAmt
Program Services$0ProgramServicesAmt
Management And General$11,370ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Personnel Services$505,585$0$505,585$0
Services$97,126$0$97,126$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,397,017TotalAmt
Program Services$2,405,199ProgramServicesAmt
Management And General$991,818ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,678,940BOYAmt
EOY$3,055,614EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$18,650BOYAmt
EOY$39,629EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$25,569,709BOYAmt
EOY$30,515,389EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,614BOYAmt
EOY$1,057EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$28,269,913BOYAmt
EOY$33,611,689EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$12,466BOYAmt
EOY$9,397EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,048,908BOYAmt
EOY$1,148,615EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,061,374BOYAmt
EOY$1,158,012EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$2,457,517BOYAmt
EOY$2,395,176EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$24,751,022BOYAmt
EOY$30,058,501EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$27,208,539BOYAmt
EOY$32,453,677EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$28,269,913BOYAmt
EOY$33,611,689EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,245,138ReconcilationRevenueExpnssAmt
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)
College OrganizationYes (X)CollegeOrganizationInd
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,652,252CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,811,151CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,642,773CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,431,569CurrentTaxYearMinus1YearAmt
Current Tax Year$6,073,758CurrentTaxYearAmt
Total$17,611,503TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,652,252CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,811,151CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,642,773CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,431,569CurrentTaxYearMinus1YearAmt
Current Tax Year$6,073,758CurrentTaxYearAmt
Total$17,611,503TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$17,611,503PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$626,620CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$382,639CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,167,557CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,940,399CurrentTaxYearMinus1YearAmt
Current Tax Year$2,402,737CurrentTaxYearAmt
Total$7,519,952TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$132,067CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$119,760CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$139,189CurrentTaxYearMinus1YearAmt
Current Tax Year$165,660CurrentTaxYearAmt
Total$556,676TotalAmt
FieldValueIRS element (for citing)
Total Support$25,688,131TotalSupportAmt
Public Support CY1700.68560PublicSupportCY170Pct
Public Support PY1700.63520PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePt II Ln 10FormAndLineReferenceDesc
ExplanationOther Income Part II, Line 10 Description: Other Income 2014: 0. 2015: 132067. 2016: 119760. 2017: 139189. 2018: 165660.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

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Annuity Investments$1,088,411F
Mutual Funds$29,426,978F
FieldValueIRS element (for citing)
Total Book Value Securities$30,515,389TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescAnnuity PayableDesc
Amt$1,148,615Amt
FieldValueIRS element (for citing)
Total Liability$1,148,615TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$8,641,717TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$8,641,717RevenueSubtotalAmt
Other Revenues Not Included$438OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$438RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$8,642,155TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,396,579TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$3,396,579ExpensesSubtotalAmt
Other Expenses Not Included$438OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$438ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,397,017TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt XI, Line 4bInvestment Fees
Pt XII, Line 4bInvestment Fees

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Golf TournamentEvent1Nm
Gross Receipts Event1$91,526GrossReceiptsEvent1Amt
Charitable Contri Event1$15,050CharitableContriEvent1Amt
Gross Revenue Event1$76,476GrossRevenueEvent1Amt
Non Cash Prizes Event1$50NonCashPrizesEvent1Amt
Rent Facility Costs Event1$15,000RentFacilityCostsEvent1Amt
Food And Beverage Event1$7,216FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$52,295OtherDirectExpensesEvent1Amt
Event2NoneEvent2Nm
Gross Receipts Total$91,526GrossReceiptsTotalAmt
Charitable Contributions Tot$15,050CharitableContributionsTotAmt
Gross Revenue Total Events$76,476GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$50NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$15,000RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$7,216FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$52,295OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$74,561DirectExpenseSummaryEventsAmt
Net Income Summary$1,915NetIncomeSummaryAmt

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 Line1Sandhills Community CollegeBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13395 Airport RoadAddressLine1Txt
CityPinehurstCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28374ZIPCd
FieldValueIRS element (for citing)
Recipient EIN560797051RecipientEIN
IRC Section115 (1)IRCSectionDesc
Cash Grant$2,405,199CashGrantAmt
Purpose Of GrantFinancial SupportPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePt I Line 2FormAndLineReferenceDesc
ExplanationThere is a monthly review of grant funds and grant expenditures. These expenditures are compared to the fund authority to make sure the funds are spent for their intended purpose.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Dr John Dempsey
$0$269,361$0$0$0$6,304$0$0$0$0$0$275,665$0$0
Joe Brown
$0$67,617$0$0$0$7,144$0$0$0$0$0$74,761$0$0
Germaine Elkins
$0$81,210$0$0$0$8,707$0$0$0$0$0$89,917$0$0
Jennifer Dail
$0$60,504$0$0$0$8,707$0$0$0$0$0$69,211$0$0

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$693NoncashContributionsRptF990Amt

Cars And Other Vehicles CarsAndOtherVehiclesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$4,500NoncashContributionsRptF990Amt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990Amt
Yes (X)Equipment1$28,000
Yes (X)Computer Equipment40$10,000
Yes (X)Green Fees1$15,000
Yes (X)Miscellaneous8$5,973
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 11bA copy of the 990 will be presented at a board meeting
Pt VI, Line 12cWhen a conflict of interest is relevant to a matter requiring action by the board of directors, the interested person shall call it to the attention of the board of directors and that person shall not vote on the matter. Additionally, that person shall not participate in the final deliberation or decision regarding the matter under consideration and shall retire from the room during the vote of the board of directors. When there is doubt as to whether a conflict exists, the matter shall be resolved by vote of the board of directors, excluding the person concerning the situation the doubt has arisen.
Pt VI, Line 15aThe Foundation has no full-time employees.
Pt VI, Line 15bKey personnel in support of the foundation are college employees and are subject to compensation, classification and all other personnel policies of the college. The College periodically researches compensation for certain positions to ensure it is reasonable and is relative to the market. The College's board reviews all increases in salaries and it is documented in board minutes.
Pt VI, Line 19The Organization's governing documents, conflicts of interest policy and financial statements are available tot he public upon request.
Pt VI, Line 8bThere are no committees with authority to act on behalf of the Governing Body.
Pt VI, Line 8aThe organization documents all meetings held by the governing body.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
Francis F Rainey Education Foundation
3395 Airport RoadPinehurstNC28374566164909Scholarship AssistanceNC501(c)(3)Private FoundationSandhills Community College Foundation
Sandhills Community College
3395 Airport RoadPinehurstNC28374560797051EducationNC115 (1)
Sheldon Scholarship Fund TUW
3395 Airport RdPinehurstNC28374566045116Scholarship AssistanceNC501(c) 3Private FoundationSandhills Community College Foundation
Charles F Herman Educational Fund
3395 Airport RdPinehurstNC28374566090151Scholarship AssistanceNC501(c) 3Private FoundationSandhills Community College Foundation
William Edward Starnes Educational Fund
3395 Airport RdPinehurstNC28374566099413Scholarship AssistanceNC501(c) 3Private FoundationSandhills Community College Foundation
Ethel M Heina Educational Fund
3395 Airport RdPinehurstNC28374566114717Scholarship AssistanceNC501(c) 3Private FoundationSandhills Community College Foundation
Gordon H and Ruth A Clark Educational Fund
3395 Airport RdPinehurstNC28374566045119Scholarship AssistanceNC501(c) 3Private FoundationSandhills Community College Foundation
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (true)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
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 OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Francis F Rainey Education Foundation
A$2Cash
Sandhills Community College
B$2,405,199

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