2020-05-07T17:10:27-05:00 2019-06-30 364745545 DOEREN MAYHEW ONE RIVERWAY SUITE 1200 HOUSTON TX 77056 990 2018-07-01 760502278 SAN JACINTO COMMUNITY COLLEGE FOUNDATION INC SANJ 2819986104 4624 FAIRMONT PARKWAY NO 212 PASADENA TX 77504 RUTH KEENAN EXECUTIVE DIRECTOR 2819986104 2020-04-29 1 ELISSA POSWAY P02235641 7137897077 2020-04-29 73.155.185.231 2020-04-29 12:28:20 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C2B002EF23A1950B2E24A72D29960D6D64605472 2018 2020-09-23 17:36:50Z RUTH KEENAN 4624 FAIRMONT PKWY SUITE 212 PASADENA TX 77504 1600040 0 X N/A X 1996 TX WE PROVIDE SCHOLARSHIPS TO SAN JACINTO COLLEGE STUDENTS. 20 20 0 60 0 0 1355073 1079984 0 0 322127 359945 -2650 84974 1674550 1524903 978775 977794 0 0 0 0 0 0 19587 96802 111383 1075577 1089177 598973 435726 12334202 13149724 358144 391109 11976058 12758615 THE MISSION OF THE SAN JACINTO COMMUNITY COLLEGE FOUNDATION IS TO ENHANCE THE LEVEL OF STUDENT ACHIEVEMENT AND EXCELLENCE AT SAN JACINTO COMMUNITY COLLEGE DISTRICT ("COLLEGE"). 0 0 977794 977794 THE FOUNDATION AWARDED SCHOLARSHIPS TO SAN JACINTO COMMUNITY COLLEGE STUDENTS IN THE AMOUNT OF $449,486. IT ALSO PROVIDED $116,617 IN INNOVATIVE INITIATIVE INCENTIVES AND SPONSORED PROGRAMS TOTALING $411,692. 977794 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MIKE DAVID 2819986104 4624 FAIRMONT PKWY SUITE 212 PASADENA TX 77504 ALMATHA TAYLOR DIRECTOR 2.00 X 0 0 0 KELLY CLEAVER DIRECTOR 1.00 X 0 0 0 CHRIS HEXT TREASURER 2.00 X X 0 0 0 DINKAR CHHEDA DIRECTOR 1.00 X 0 0 0 FRANK NADOLNEY DIRECTOR 1.00 X 0 0 0 FRANK RIZZO DIRECTOR 2.00 X 0 0 0 JACKIE WELCH DIRECTOR 2.00 X 0 0 0 JAMES GUTHRIE DIRECTOR 2.00 X 0 0 0 RICK GUERRERO DIRECTOR 1.00 X 0 0 0 JOY NIDAY DIRECTOR 1.00 X 0 0 0 KEN UNFRIED DIRECTOR 1.00 X 0 0 0 SUSAN KAPLAN-WILLIAMS DIRECTOR 2.00 X 0 0 0 TOM WATSON BOARD CHAIR 3.00 X X 0 0 0 CONNIE VALERIUS SECRETARY 1.00 X X 0 0 0 STEVE COWART DIRECTOR 1.00 X 0 0 0 ARNOLD DAVIS JR DIRECTOR 1.00 X 0 0 0 JOHN PETER DIRECTOR 1.00 X 0 0 0 KATEY CRACKEL DIRECTOR 1.00 X 0 0 0 JAIME ORTEGON DIRECTOR 1.00 X 0 0 0 BOB PIZZITOLA DIRECTOR 1.00 X 0 0 0 RUTH KEENAN EXECUTIVE DIRECTOR 40.00 X 0 115596 0 0 115596 0 0 0 0 0 0 1079984 1079984 373764 373764 13819 -13819 -13819 -13819 146292 61318 84974 84974 1524903 0 0 444919 977794 977794 46993 46993 ADMINISTRATION EXPENSE 53703 34116 19587 SPONSORSHIP EXPENSE 8587 8587 BAD DEBT EXPENSE 2100 2100 1089177 977794 91796 19587 889102 1094924 577015 545854 218200 187873 10634885 11321073 15000 0 12334202 13149724 358144 391109 358144 391109 X 2754544 3175115 4460970 4762248 4760544 4821252 11976058 12758615 12334202 13149724 435726 346831 0 X X 0 1 X 1 0 X 1410886 1420402 1080649 1355073 1079984 6346994 454693 477677 415985 491788 532852 2372995 1865579 1898079 1496634 1846861 1612836 8719989 225674 8494315 310482 307572 229485 316213 373764 1537516 177606 167165 87826 147870 146292 726759 10984264 0.77330 0.78600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7062014 64939 339775 106074 7360654 6857947 244842 91334 132109 7062014 6427313 283502 201223 54091 6857947 5818010 397063 266995 54755 6427313 4233305 226136 1358569 5818010 0.22820 0.65490 0.11690 0 0 0 X 2357593 346831 532852 -46993 832690 1524903 0 1524903 1575036 532852 -46993 485859 1089177 0 1089177 PART V, LINE 4: ENDOWMENT ASSETS INCLUDE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD(S), AS WELL AS BOARD-DESIGNATED FUNDS FOR SCHOLARSHIPS. PART X, LINE 2: GAAP REQUIRES THE FOUNDATION'S 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 THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2019 AND 2018, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE WITHIN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THAT THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES -46,993. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES -46,993. GOLF TOURNAMENT 127222 127222 10000 39874 12194 127222 127222 10000 39874 12194 62068 65154 1 SCHOLARSHIPS 831 449486 PART I, LINE 2: THE SJC OFFICE OF GRANTS MANAGEMENT OVERSEES ALL GRANT EXPENSES. THE EXPENSE REPORT IS THEN REVIEWED BY THE VP OF RESOURCE DEVELOPMENT PRIOR TO PAYMENT. ANY APPLICANT WHO DESIRES TO ATTEND SJCC AND MEETS ITS STANDARDS FOR ADMISSION IS ELIGIBLE FOR CONSIDERATION FOR A SCHOLARSHIP GRANT PAYMENT. EACH GRANT IS REVIEWED ON A CASE BY CASE BASIS. WHILE IT IS INTENDED THAT AWARD CONSIDERATION BE GIVEN TO DESERVING STUDENTS WHOSE SCHOLASTIC AND OTHER QUALITIES MERIT RECOGNITION, THE RECIPIENT'S NEED FOR FINANCIAL ASSISTANCE IS OF EQUAL IMPORTANCE IN DETERMINING STUDENTS QUALIFYING FOR GRANT AND AWARD PAYMENTS. VERIFICATION OF STUDENTS MEETING SCHOLARSHIP CRITERIA IS REQUIRED FOR ALL SCHOLARSHIPS. VERIFICATION OF ALLOWABLE EXPENSES IS REQUIRED OF ALL RECEIPTS OF GRANTS, SPONSORED PROGRAMS AND INNOVATIVE INITIATIVES. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 - FORM 990 IS DISTRIBUTED FOR REVIEW BY THE EXECUTIVE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SIGNS A STATEMENT DISCLOSING ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST AND AGREES TO INFORM THE FOUNDATION OF ANY MATERIAL CHANGE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION - GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS AUDIT OVERSIGHT OR SELECTION PROCESS DURING THE YEAR. SAN JACINTO COMMUNITY COLLEGE DISTRICT 4624 FAIRMONT PARKWAY STE 108 PASADENA TX 77504 EDUCATION TX 501(C)(3) LINE 2 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 SAN JACINTO COMMUNITY COLLEGE DISTRICT O 339029 ACTUAL COSTS SAN JACINTO COMMUNITY COLLEGE DISTRICT N 193823 ACTUAL COSTS SAN JACINTO COMMUNITY COLLEGE DISTRICT B 528309 ACTUAL COSTS SAN JACINTO COMMUNITY COLLEGE DISTRICT C 532852 ACTUAL COSTS