2019-11-13T14:26:21-06:00 2019-06-30 930819646 JONES & ROTH PC PO BOX 10086 EUGENE OR 97440 990 2018-07-01 237113266 LANE COMMUNITY COLLEGE FOUNDATION LANE 5414635226 4000 E 30TH AVE EUGENE OR 974050640 WENDY JETT EXECUTIVE DIRECTOR 5414635226 2019-10-30 true FRITZ S DUNCAN P00036435 5416872320 2019-11-07 65.154.164.90 2019-11-13 14:26:21 CS P C9E21E635FBF3B49EFFC6769C6377F6DC1330F24 C9E21E635FBF3B49EFFC6769C6377F6DC1330F24 2018 2020-03-31 21:24:44Z WENDY JETT 4000 E 30TH AVE EUGENE OR 974050640 28542357 false X WWW.LANECC.EDU/FOUNDATION X 1971 OR THE ORGANIZATION IS A CHARITABLE CORPORATION FORMED TO ENCOURAGE AND INVOLVE THE COMMUNITY IN FURTHER DEVELOPING EDUCATIONAL OPPORTUNITIES BY PROVIDING SCHOLARSHIPS AND AUGMENTING THE FACILITIES AND FUNCTIONS OF LANE COMMUNITY COLLEGE. 22 22 0 153 0 2566991 1921198 17217 21332 665075 2860979 -463900 -499783 2785383 4303726 1789416 1835894 0 483473 447609 0 183657 286790 272130 2559679 2555633 225704 1748093 37143055 20887758 19374776 969901 17768279 19917857 X THE ORGANIZATION IS A CHARITABLE CORPORATION FORMED TO ENCOURAGE AND INVOLVE THE COMMUNITY IN FURTHER DEVELOPING EDUCATIONAL OPPORTUNITIES BY PROVIDING SCHOLARSHIPS AND AUGMENTING THE FACILITIES AND FUNCTIONS OF LANE COMMUNITY COLLEGE. false false 987689 987689 403 SCHOLARSHIPS, 103 GRANTS, 7 AWARDS, AND 19 STIPENDS WERE AWARDED TO LCC STUDENTS DURING THE YEAR. 205275 205275 FACULTY SUPPORT FOR ENERGY MANAGEMENT, LPN PROGRAM, NURSING AND THE SUCCESSFUL AGING INSTITUTE. 222179 222179 BUILDING AND CONSTRUCTION INCLUDED PAYMENTS TO LCC FOR THE CENTER BUILDING (CENTER FOR LEARNING & STUDENT SUCCESS) RENOVATIONS AND CONSTRUCTION. 551795 420751 EDUCATIONAL MATERIALS AND SUPPLIES, PROFESSIONAL DEVELOPMENT, PROMOTIONAL EXPENSES, SENIOR SERVICES, FUND RAISING EXPENSES, CAPITAL EQUIPMENT, MAINTENANCE SERVICES, CONFERENCES & EVENTS AND OTHER PROGRAM SUPPORT. 551795 420751 1966938 true true false false false false false false false true false false false false true false true false false false false false false false true false false true true false false false false false false false false false true true false false true true false true false true 29 0 0 false false false false false true true false false false false true false false false X 22 22 true false false false false false false true true false false true true true true true true true true false OR AK CA HI ME MD MA MI MN NJ OH SC UT WA CO KY NV WI X LANE COMMUNITY COLLEGE FOUNDATION 5414635226 4000 E 30TH AVE EUGENE OR 97405 JIM CREECH 2ND VICE-PRE 1.00 X X 0 0 0 MIKE STICKEL MEMBER 1.00 X X 0 0 0 FREDERICK M CRINKLAW PRESIDENT 1.00 X X 0 0 0 GLENN MUNRO TREASURER 1.00 X X 0 0 0 DON RAINER MEMBER 1.00 X 0 0 0 DIANA LEARNER 1ST VICE-PRE 1.00 X X 0 0 0 MARGARET HAMILTON LCC PRESIDEN 1.00 X 0 0 0 ROGER HALL MEMBER 1.00 X 0 0 0 MARY ANN HANSON MEMBER 1.00 X 0 0 0 AMANDA HAUGLAND MEMBER 1.00 X 0 0 0 MARY JEANNE JACOBSEN MEMBER 1.00 X 0 0 0 MANDY JONES MEMBER 1.00 X 0 0 0 DANIEL LACOSTE MEMBER 1.00 X 0 0 0 ADA OL LEE MEMBER 1.00 X 0 0 0 DOUG MCKAY MEMBER 1.00 X 0 0 0 BRUCE RIDDLE MEMBER 1.00 X 0 0 0 ANNIE SAKAGUCHI MEMBER 1.00 X 0 0 0 KATHIE TIPPENS WIPER MEMBER 1.00 X 0 0 0 JOHN WATKINSON MEMBER 1.00 X 0 0 0 STEVE WILDISH MEMBER 1.00 X 0 0 0 JOHN WOLF MEMBER 1.00 X 0 0 0 SUSAN SOONKEUM COX MEMBER 1.00 X 0 0 0 BETH SHEEHAN MEMBER 1.00 X 0 0 0 WENDY JETT EXECUTIVE DI 40.00 X 108649 0 28219 JERI STEELE ACCOUNTANT 40.00 X 61800 0 12489 170449 40708 1 false false false 192601 1728597 219337 1921198 OTHER PROGRAM SERVICE INCOME 21332 21332 21332 343956 343956 201039 681861 -480822 -480822 -480822 7171093 18792403 6900849 16545624 270244 2246779 2517023 2246779 270244 91336 192601 110297 -18961 -18961 4303726 2268111 114417 848205 848205 987689 987689 105472 105472 263035 58512 58681 145842 27678 6865 5775 15038 31653 14578 2259 14816 19771 3770 8040 7961 18000 18000 2834 2834 26956 26956 43059 43059 970 970 15305 15305 PAYMENTS TO GRANTORS 92124 92124 DISTRIBUTION OF IN-KIND G 56141 44263 11878 DONOR RECOGNITION 8354 8354 ADMINISTRATIVE EXPENSES 5766 3056 2710 2621 2621 2555633 1966938 405038 183657 317223 269169 1476887 939366 914966 954885 348780 324891 10953 6994 16467786 17599935 18383318 6525 9135 37143055 20887758 56645 28716 132542 115912 18710000 475589 825273 19374776 969901 X -1102203 763908 7586629 7602715 11283853 11551234 17768279 19917857 37143055 20887758 X 1748093 458120 -71805 15170 X false true X true false X 3997611 2794743 2144054 2566991 1921198 13424597 259686 267434 279297 284759 284521 1375697 4257297 3062177 2423351 2851750 2205719 14800294 1727500 13072794 498588 441593 271251 313984 343956 1869372 133979 127448 101333 102472 91336 556568 17226234 166015 0.75890 0.77080 X PART II, LINE 10 SPECIAL EVENT INCOME 556,568 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13581589 267381 876042 748828 13976184 12930748 475058 929599 753816 13581589 11956146 300095 1364420 689913 12930748 12020482 619068 -27422 655982 11956146 12320919 160679 237826 698942 12020482 1.00000 false false ANNUITY TRUST LIABILITY 825273 825273 6810387 458120 995286 332902 1786308 5024079 71805 -792158 -720353 4303726 4660809 995286 792158 1787444 2873365 -317732 -317732 2555633 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWMENT FUNDS ARE FOR SCHOLARSHIP AND OTHER COLLEGE PROGRAMS. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN SPLIT INTEREST AGREEMENTS 15,170 ADMINISTRATIVE FEE INCOME 317,732 SCHEDULE D, PAGE 4, PART XI, LINE 4B SPECIAL EVENT EXPENSES -110,297 GROSS UP: RENTAL REVENUE -681,861 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSES 110,297 GROSS UP: RENTAL EXPENSE 681,861 SCHEDULE D, PAGE 4, PART XII, LINE 4B ADMINISTRATIVE FEE INCOME -317,732 HARVEST DINNER 281901 192601 89300 48888 16774 16617 300 26113 281901 192601 89300 48888 16774 16617 300 26113 108692 -19392 true LANE COMMUNITY COLLEGE 4000 E 30TH AVE EUGENE OR 97405 930546223 848205 FACULTY/FACILITIES SCHOLARSHIPS 987689 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION PROVIDES SCHOLARSHIPS AND OTHER ASSISTANCE TO LCC STUDENTS AND OTHER FUNDS TO LCC DEPARTMENTS. GENERALLY FUNDS ISSUED TO DEPARTMENTS ARE BILLED TO US WITH DOCUMENTATION OF EXPENSES VIA FOUNDATION CHECK REQUEST. FOR SCHOLARSHIPS THE FOUNDATION SENDS THE LCC FINANCIAL AID DEPARTMENT A LIST OF RECIPIENTS. THE FINANCIAL AID DEPARTMENT APPLIES THE SCHOLARSHIPS TO THE STUDENT'S ACCOUNT AND BILLS THE FOUNDATION FOR THOSE SCHOLARSHIPS THAT PAY OUT ON A QUARTERLY BASIS. STUDENTS MUST MEET THE CRITERIA FOR THEIR SCHOLARSHIP IN ORDER FOR THE SCHOLARSHIP TO PAY. THE CRITERIA FOR THE SCHOLARSHIPS ARE ENTERED BY FINANCIAL AID INTO THEIR SOFTWARE AT THE TIME OF APPLYING THE SCHOLARSHIP TO THE STUDENT'S ACCOUNT SO THAT THE PROCESS OF APPROVING THE SCHOLARSHIPS FOR PAYMENT IS AUTOMATED AND NOT SOMETHING THAT NEEDS TO BE MONITORED. THE FOUNDATION RECONCILES THE BILLING FROM LCC BACK TO THE ORIGINAL LIST OF RECIPIENTS WHICH IS MAINTAINED IN EXCEL AND IN THE STARS SCHOLARSHIP PROGRAM ONLINE SOFTWARE. SCHEDULE I, PAGE 4, PART IV SCHOLARSHIPS PROVIDE FINANCIAL ASSISTANCE FOR TUITION AND BOOKS FOR STUDENTS WHO ATTEND LCC AND IN SOME CASES FOR LCC GRADUATES WHO HAVE CONTINUED ON AT FOUR YEAR INSTITUTIONS. THE GILMA GREENHOOT AND THE KAPPY EATON/HITES FOUNDATION SCHOLARSHIPS ARE EXAMPLES OF SCHOLARSHIPS THAT PAY BENEFITS TO LCC GRADUATES. THE FOUR YEAR INSTITUTION WILL RECEIVE A CHECK FROM US WITH A LETTER THAT DETAILS THE REQUIREMENTS OF THE SCHOLARSHIP AND REQUEST THAT ANY UNUSED FUNDS BE RETURNED TO US IN THE EVENT THE STUDENT DOES NOT MEET THE MINIMUM REQUIREMENTS OR FAILS TO ATTEND THE ENTIRE ACADEMIC YEAR. PAYMENTS TO THE COLLEGE INCLUDE FACULTY SUPPORT WHICH IS USED TO COVER THE COST OF FACULTY SALARIES FOR PROGRAMS SUPPORTED BY DONORS SUCH AS ENERGY MANAGEMENT SUPPORTED BY EWEB AND THE NURSING PROGRAM SUPPORTED BY PEACEHEALTH. PAYMENTS TO THE COLLEGE ALSO INCLUDE REIMBURSEMENT FOR THE COST OF CONSTRUCTION AS IN THE CASE TO THE CENTER FOR LEARNING AND STUDENT SUCCESS AND THE NEW HEALTH & WELLNESS BUILDING. PAYMENTS FOR PROGRAM SUPPORT PROVIDE ASSISTANCE WITH THE COST OF SPECIAL PROGRAMS SUCH AS THE FAMILY CONNECTIONS CHILDCARE NETWORK, SPECIAL PROJECTS SUCH AS THE RENOVATIONS TO HEALTH PROFESSIONS CLASSROOMS AND LABORATORY, OR EVENTS SUCH AS THE CONCERTS AND PERFORMANCES BY THE MUSIC, DANCE AND THEATRE ARTS DEPARTMENT. EQUIPMENT AND OTHER SUPPLIES AND EXPENSES MAY ALSO BE PROVIDED FROM FUNDS ESTABLISHED FOR THAT PURPOSE SUCH AS THE PURCHASE OF COMPUTERS FOR THE HEALTH PROFESSIONS PROGRAM AND STAGE EQUIPMENT AND BANQUET TABLES FOR THE CULINARY ARTS PROGRAM. X 1 5000 FMV FMV X 2539 FMV X 5 17916 FMV X 9 119320 AVG H/L PRICE ON RECEIPT X 1 5000 FMV X EQUIPMENT 11 20686 FMV X AUCTION ITEMS 88 43876 FMV X PRINT DISCOUNTS 6 5000 FMV false true false SCHEDULE M, PAGE 2, PART II THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS THAT IT RECEIVED THROUGHOUT THE FISCAL YEAR. GIFT POLICY REQUIRES BOARD REVIEW, ASSESSMENT AND APPROVAL OF ANY NON-STANDARD CONTRIBUTIONS IN ACCORDANCE WITH WRITTEN POLICY. FORM 990 - ORGANIZATION'S MISSION THE ORGANIZATION IS A CHARITABLE CORPORATION FORMED TO ENCOURAGE AND INVOLVE THE COMMUNITY IN FURTHER DEVELOPING EDUCATIONAL OPPORTUNITIES BY PROVIDING SCHOLARSHIPS AND AUGMENTING THE FACILITIES AND FUNCTIONS OF LANE COMMUNITY COLLEGE. FORM 990, PAGE 1, PART I, LINE 6 THE SERVICES PROVIDED BY VOLUNTEERS INCLUDE SPECIAL EVENT ACTIVITIES, BOARD OF TRUSTEE SERVICE, SCHOLARSHIP SELECTION, FINANCE AND INVESTMENT OVERSIGHT, STUDENT SPEAKERS AND DONOR STEWARDSHIP. FORM 990, PAGE 2, PART III, LINE 4D EDUCATIONAL MATERIALS AND SUPPLIES, PROFESSIONAL DEVELOPMENT, PROMOTIONAL EXPENSES, SENIOR SERVICES, FUND RAISING EXPENSES, CAPITAL EQUIPMENT, MAINTENANCE SERVICES, CONFERENCES & EVENTS AND OTHER PROGRAM SUPPORT. FORM 990, PAGE 6, PART VI, LINE 2 LCC FOUNDATION LCC FOUNDATION BOARD MEMBER DIR. DEVELOP FATHER-IN-LAW/DAUGHTER-IN-LAW FORM 990, PAGE 6, PART VI, LINE 11B THE FORM WAS REVIEWED BY THE FOUNDATION TREASURER AND THE EXECUTIVE COMMITTEE PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION'S BYLAWS CONTAIN A CONFLICT OF INTEREST POLICY. EACH TRUSTEE RECEIVES A COPY OF THE BYLAWS IN THEIR INITIAL ORIENTATION TO THE BOARD. BOARD MEMBERS WILL BE ASKED TO DISCLOSE ANY ACTUAL OR PERCEIVED CONFLICTS OF INTEREST AND SIGN OFF ON AN APPROVED FORM ANNUALLY AFTER A SHORT PRESENTATION ABOUT WHAT CONFLICTS CAN ARISE. FORM 990, PAGE 6, PART VI, LINE 15A UNDER THE AUTHORITY OF THE LANE COMMUNITY COLLEGE BOARD OF EDUCATION, THE PRESIDENT REVIEWS AND APPROVES MANAGEMENT COMPENSATION FOR THE EXECUTIVE DIRECTOR OF THE FOUNDATION, BOTH AT THE TIME OF INITIAL SALARY PLACEMENT AND EACH YEAR THEREAFTER. SALARIES ARE BASED UPON COMPARABILITY MANAGEMENT SALARY STUDIES. FORM 990, PAGE 6, PART VI, LINE 15B ALL EMPLOYEES ARE REVIEWED BY LANE COMMUNITY COLLEGE. CLASSIFIED EMPLOYEES ARE REPRESENTED BY LCCEF UNION THAT NEGOTIATES SALARY SCHEDULES. FORM 990, PAGE 6, PART VI, LINE 17 WASHINGTON, COLORADO, KENTUCKY, NEVADA, WISCONSIN FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION SENDS ALL DONORS FOR THE YEAR AN ANNUAL REPORT WHICH INCLUDES FINANCIAL STATEMENTS. ANY INDIVIDUAL WHO WANTS A COPY OF THE ANNUAL REPORT OR AUDITED FINANCIAL STATEMENT WHETHER A CURRENT YEAR DONOR OR NOT, MAY REQUEST A COPY ON THE FOUNDATION'S WEBSITE OR BY PHONE. OTHER GOVERNING DOCUMENTS SUCH AS OUR ENDOWMENT POLICY, GIFT ACCEPTANCE POLICY, INVESTMENT POLICY OR BYLAWS WILL BE MADE AVAILABLE UPON REQUEST. A NOTICE TO THIS EFFECT IS AVAILABLE ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9 CHANGE IN SPLIT INTEREST AGREEMENTS 15,170 ADMINISTRATIVE FEE INCOME 317,732 SPECIAL EVENT EXPENSES 110,297 GROSS UP: RENTAL REVENUE 681,861 SPECIAL EVENT EXPENSES -110,297 GROSS UP: RENTAL EXPENSE -681,861 ADMINISTRATIVE FEE INCOME -317,732 TOTAL 15,170 QALICB LLC 4000 E 30TH AVE EUGENE OR 97405 REAL EST. OR 3158583 107000 LCC FOUND LANE COMMUNITY COLLEGE 4000 E 30TH AVE EUGENE OR 974050640 930546223 COLLEGE OR 6 N/A false false true true false false false false false false true false false false false true true false true false LANE COMMUNITY COLLEGE B 1835596 ACTUAL COST LANE COMMUNITY COLLEGE O 284521 ACTUAL COST LANE COMMUNITY COLLEGE P 899464 ACTUAL COST LANE COMMUNITY COLLEGE R 44263 ACTUAL COST