2019-05-22T10:09:15-05:00 2018-06-30 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2017-07-01 222475111 THE CAPE COD COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC CAPE 5083754016 2240 IYANNOUGH ROAD WEST BARNSTABLE MA 02668 KATHY MCNAMARA EXECUTIVE DIRECTOR 5083754016 2019-05-21 1 DAVID A DIIULIS P00303577 6174711120 2019-05-21 108.7.66.186 2019-05-21 13:12:50 ED P 1B2E1A561AFFFD3BBF97976B10C59320AC83D664 FC66FA2F6FAA92178A632FCD7B72B584BEC644E9 2017 2019-02-21 02:37:17Z KATHY MCNAMARA 2240 IYANNOUGH ROAD WEST BARNSTABLE MA 02668 7769419 0 X WWW.CCCCFOUNDATION.ORG X 1983 MA SUPPORT OF CAPE COD COMMUNITY COLLEGE 25 25 5 100 0 0 2463618 2300090 0 0 1675867 498136 -27233 -20903 4112252 2777323 1127438 1767151 0 0 262824 267745 0 0 14118 112894 107936 1503156 2142832 2609096 634491 11393205 12022384 570321 299172 10822884 11723212 THE CCCCEF IS A NON-PROFIT ORGANIZATION SUPPORTING THE MISSION OF CAPE COD COMMUNITY COLLEGE, ITS STUDENTS, ITS FACULTY, AND ITS COMMUNITY ENDEAVORS, BY RAISING AND MANAGING FUNDS, ENCOURAGING ENDOWMENTS, AND SUPPORTING THE COLLEGE'S OBJECTIVES. 0 0 181474 181474 SCHOLARSHIPS AWARDED TO OUTSTANDING CAPE COD COMMUNITY COLLEGE STUDENTS WHO CONTINUE TO PURSUE HIGHER DEGREES. SCHOLARSHIPS AWARDED ON A NEED BASIS 1585677 1585677 COLLEGE SUPPORT - SUPPORT TO THE COLLEGE IN THE AREAS OF INSTRUCTION, PROGRAMS AND CAPITAL NEEDS 1767151 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 4 0 5 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X KATHY MCNAMARA 5083754016 2240 IYANNOUGH ROAD WEST BARNSTABLE MA 02668 LORRIE LEONARD CHAIRPERSON 1.00 X X 0 0 0 LEONARD DILORENZO VICE CHAIRPERSON 1.00 X X 0 0 0 DAVID SCOTCH IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 JIM MCEVOY TREASURER 1.00 X X 0 0 0 THOMAS J SULLIVAN DIRECTOR 0.50 X 0 0 0 JUSTIN BLAIR CLERK 1.00 X X 0 0 0 KAREN L BISSONNETTE DIRECTOR 0.50 X 0 0 0 JAMIE BOHLIN DIRECTOR 0.50 X 0 0 0 DAVID WILLARD DIRECTOR 0.50 X 0 0 0 RICH BRYANT DIRECTOR 0.50 X 0 0 0 ANN WILLIAMS DIRECTOR 0.50 X 0 0 0 ELAINE BROUILLARD DIRECTOR 0.50 X 0 0 0 JOHN COX DIRECTOR 0.50 40.00 X 0 217178 26836 LESLIE SILLIMAN DIRECTOR 0.50 X 0 0 0 TAMMY GILVINSKI-SABEN DIRECTOR 0.50 X 0 0 0 BERNADETTE ROBINSON DIRECTOR 0.50 X 0 0 0 DAVE BROWN DIRECTOR 0.50 X 0 0 0 JAMES NORCROSS DIRECTOR 0.50 X 0 0 0 JEFFREY DYKENS DIRECTOR 0.50 X 0 0 0 KATE WILSON DIRECTOR 0.50 X 0 0 0 NANCY WILLETS DIRECTOR 0.50 40.00 X 0 77741 11315 TRACEY CRAGO DIRECTOR 0.50 X 0 0 0 MICHAEL J MILLER DIRECTOR 0.50 X 0 0 0 DANIEL MORAES DIRECTOR 0.50 X 0 0 0 KATHY MCNAMARA EXECUTIVE DIRECTOR 40.00 X 94684 0 2841 94684 294919 40992 1 0 1 0 0 95381 2204709 27400 2300090 216760 216760 5252569 4971193 281376 281376 281376 0 95381 20903 -20903 -20903 2777323 0 0 477233 1585677 1585677 181474 181474 97524 97524 147475 147475 4335 4335 18411 18411 130 130 8857 8857 53694 53694 15462 1344 14118 5623 5623 2083 2083 2685 2685 MISCELLANEOUS 19402 19402 2142832 1767151 361563 14118 1887264 1611760 214600 184500 18984 21101 9272357 10205023 11393205 12022384 313819 18176 256502 280996 570321 299172 X 383595 533400 4372060 4868944 6067229 6320868 10822884 11723212 11393205 12022384 634491 265837 0 X X 0 1 X 1 0 X 1102966 1195944 1042049 2463618 2272690 8077267 5800 4913 10713 1102966 1201744 1046962 2463618 2272690 8087980 8087980 151200 170576 185922 192611 216760 917069 9005049 0.89820 0.88640 X 8952608 164685 573284 188705 9501872 8248759 163717 843102 302970 8952608 8448450 134647 254582 588920 8248759 7929644 459087 168577 108858 8448450 7026554 489393 542431 128734 7929644 0.05400 0.66520 0.28080 0 0 0 SCHOLARSHIP PAYABLE 260996 DUE TO AFFILIATE 20000 280996 X 3213270 265837 200200 23604 489641 2723629 53694 53694 2777323 2312942 200200 23604 223804 2089138 53694 53694 2142832 PART X, LINE 2: U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A 'MORE LIKELY THAN NOT' (MLTN) SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. INTEREST AND PENALTIES, IF ANY, RELATED TO ASSESSMENTS BY TAX AUTHORITIES WILL BE CLASSIFIED AS A COMPONENT OF INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY, IN THE STATEMENT OF ACTIVITIES. A TAX POSITION MAY BE CONSIDERED AS TAKEN ANY TIME A TAXPAYER CHOOSES AMONGST ALTERNATIVES THAT AFFECT THE AMOUNT OF THEIR TAX OBLIGATIONS AND INCLUDE FOR EXAMPLE: TAX EXEMPT STATUS; STATUS AS A PASS-THOUGH ENTITY (S CORPORATIONS, ETC.); DECISIONS MADE IN THE PROCESS OF CONFORMING WITH TAX LAWS; DECISIONS NOT TO FILE IN CERTAIN JURISDICTIONS; ALLOCATION OF INCOME BETWEEN JURISDICTIONS AND THE CHARACTERIZATION OF INCOME OR EXPENSES. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. THE FOUNDATION HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. SINCE THE CONTINUANCE OF THIS STATUS IS BASED UPON CONTINUING QUALIFICATION, THE FOUNDATION HAS IDENTIFIED THIS AS A TAX POSITION. HOWEVER, IT HAS DETERMINED THAT THIS TAX POSITION MEETS MLTN SUSTAINABILITY AND DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS EXPENSE 23,604. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS EXPENSE 23,604. SCHEDULE D PART V LINE 4: SCHEDULE D PART V LINE 4: ENDOWMENT FUNDS ARE USED IN ACCORDANCE WITH THE DONOR REQUESTS TO SUPPORT CAPE COD COMMUNITY COLLEGE STUDENTS AND PROGRAMS. TENNIS TOURNAMENT 23090 23090 500 580 650 150 1226 SWING INTO SPRING 19815 19815 300 4485 500 1576 2 52476 52476 320 2000 7615 1001 95381 95381 500 900 2300 12750 650 3803 20903 -20903 1 CAPE COD COMMUNITY COLLEGE 2240 IYANNOUGH ROAD WEST BARNSTABLE MA 02668 046002284 115 1585677 TO FULLFILL THE MISSION OF THE FOUNDATION BY SUPPORTING CAPE COD COMMUNITY COLLEGE. SCHOLARSHIPS 149 181474 PART I, LINE 2: GRANTS/CONTRIBUTIONS ARE MONITORED IN ACCORDANCE WITH THE TERMS OF THE AGREEMENTS. 0 0 0 0 0 0 0 0 0 JOHN COX DIRECTOR 0 217178 0 0 0 0 0 7041 0 19795 0 244014 0 0 X 3 27400 APPRAISAL 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS EXAMINED AND REVIEWED BY THE TREASURER OF THE BOARD OF DIRECTORS BEFORE IT IS SUBMITTED. THE TREASURER HAS BEEN GIVEN THE AUTHORITY BY THE BOARD OF DIRECTORS TO APPROVE THE FORM 990 FOR SUBMISSION ON THEIR BEHALF. FORM 990, PART VI, SECTION B, LINE 12C IF THERE IS A CONFLICT OF INTEREST, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. AFTER EXERCISING DUE DILIGENCE, THE BOARD SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION IS NOT REASONABLY ATTAINABLE, THE BOARD SHALL DETERMINE BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION IS IN THE FOUNDATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE, AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW FOR THE EXECUTIVE DIRECTOR AND OTHER FOUNDATION EMPLOYEES INCLUDES THE FOLLOWING: REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE; NO MEMBERS OF THE BOARD HAVE A CONFLICT OF INTEREST WITH THE EXECUTIVE DIRECTOR; AND DOCUMENTATION OF THE DECISION MAKING PROCESS IS MAINTAINED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND THROUGH THE PUBLISHING OF PRINTED REPORTS. FORM 990, PART XII, SECTION A, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE WHOSE PURPOSE IS THE OVERSIGHT AND REVIEW OF THE AUDITED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. CAPE COD COMMUNITY COLLEGE 2240 IYANNOUGH ROAD WEST BARNSTABLE MA 02668 046002284 COMMUNITY COLLEGE MA 115 N/A N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 CAPE COD COMMUNITY COLLEGE B 1585677 FMV CAPE COD COMMUNITY COLLEGE J 200200 FMV LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE