2019-07-15T16:08:22-05:00 2018-06-30 Grant Thornton LLP 100 E Wisconsin Ave Milwaukee WI 53202 990 2017-07-01 237103807 TULSA COMMUNITY COLLEGE FOUNDATION % TERRI FLOISTAD TULS 9185957977 6111 E Skelly Drive Suite 608 Tulsa OK 74135 PHIL LAKIN JR Vice Chairman 9185957977 2019-07-08 true Michelle L Weber P00556798 4142898200 209.220.64.52 39529020191965000000 2019-07-15 P 6098D55FF0E7CCF9C3E403A7CE8C578524A243B8 6098D55FF0E7CCF9C3E403A7CE8C578524A243B8 2017 2019-02-21 02:37:17Z Phil Lakin Jr 6111 E Skelly Drive 608 Tulsa OK 74135 12621127 false X www.tulsacc.edu X 1970 OK TULSA COMMUNITY COLLEGE FOUNDATION PROVIDES SUPPORT TO TULSA COMMUNITY COLLEGE (TCC) AND ITS MISSION BY DEVELOPING KEY RELATIONSHIPS AND FINANCIAL RESOURCES. 39 39 2 40 0 2445740 10241648 0 0 220594 420642 -56422 -108344 2609912 10553946 1972148 2256170 0 0 0 148334 0 0 82855 279677 214936 2251825 2619440 358087 7934506 10394559 18996409 33232 429475 10361327 18566934 TULSA COMMUNITY COLLEGE FOUNDATION (Foundation) PROVIDES SUPPORT TO TULSA COMMUNITY COLLEGE (TCC) AND ITS MISSION BY DEVELOPING KEY RELATIONSHIPS AND FINANCIAL RESOURCES. false false 1613091 1613091 SUPPORT OF TCC ACADEMIC PROGRAMS: THE LARGEST EXPENSE PROVIDED FUNDING FOR TCC'S INFANT & TODDLER PROGRAM, WHICH TRAINS CHILDCARE WORKERS ON EARLY CHILDHOOD DEVELOPMENT AND EFFECTIVE TEACHING METHODS. THE SECOND LARGEST EXPENSE PROVIDED FUNDING FOR AEP CREDIT COUNTS WHICH SUPPORTS STEM PROGRAM DEVELOPMENT FOR STUDENTS AND TEACHERS OF THE TULSA PUBLIC SCHOOLS. 239887 239887 SUPPORT OF TCC COLLEGE STUDENTS, FACULTY, ACTIVITIES AND CAMPUS EVENTS: THE FOUNDATION SUPPORTS STUDENTS WITH A VARIETY OF SCHOLARSHIPS BASED ON ACADEMIC MERIT, FINANCIAL NEED, AND COURSE OF STUDY. THE FACULTY REQUESTS FOUNDATION FUNDING FOR PROJECTS, ACTIVITIES AND CAMPUS EVENTS INCLUDING COST FOR TRAVEL, EQUIPMENT, SUPPLIES, TRAINING, ETC. TO ENHANCE THE COLLEGE EXPERIENCE. 403192 403192 OTHER PROGRAM SERVICE EXPENSES FOR THE YEAR INCLUDED $352,260 TO SUPPORT TCC'S SIGNATURE SYMPHONY AND $50,932 TO PROMOTE KEY RELATIONSHIPS AND SUPPORT CRITICAL INITIATIVES IN KEEPING WITH THE COLLEGE'S STRATEGIC PLAN AND VALUES IN THE COMMUNITIES WE SERVE THROUGH SPONSORSHIPS AND PROGRAM SUPPORT. 2256170 true true false false false false false false false true false false false false false true true false false false false false false false true false false true true true false false false false false false false false false false false false false false false false false true 31 0 true 2 true false false false false false true true false false false false X 39 39 false false false false false false false true false false false true true true true true true false false false OK X TERRI FLOISTAD 9185957908 6111 E SKELLY DRIVE 618 TULSA OK 74135 Konnie Boulter VC-thru 12/17; Chair-1/18 3.0 0.0 X X 0 0 0 Alana Hughes Chair-12/17; Past Chair-1/18 2.0 0.0 X X 0 0 0 Phillip Lakin Jr Sec/Treas-thru 12/17; VC-1/18 2.0 0.0 X X 0 0 0 David Stratton TTEE-thru 12/17;Sec/Treas-1/18 2.0 0.0 X X 0 0 0 Andy Kinslow Trustee 1.0 0.0 X 0 0 0 Billie Barnett Trustee 1.0 0.0 X 0 0 0 Carlin Conner Trustee 1.0 0.0 X 0 0 0 Chad Zamain Trustee - as of 1/18 1.0 0.0 X 0 0 0 Charles Sexton Trustee - thru 12/17 1.0 0.0 X 0 0 0 David Cole Trustee - as of 1/18 1.0 0.0 X 0 0 0 David Kollmann Trustee 1.0 0.0 X 0 0 0 Dr Eleanor Payne Trustee - as of 1/18 1.0 0.0 X 0 0 0 Ed Fariss Trustee 1.0 0.0 X 0 0 0 Erik Olund Trustee - thru 12/17 1.0 0.0 X 0 0 0 Henry Primeaux III Trustee 1.0 0.0 X 0 0 0 James Dunn Trustee 1.0 0.0 X 0 0 0 Jim Cameron Trustee 1.0 0.0 X 0 0 0 Jim Langdon Trustee 1.0 0.0 X 0 0 0 Joan Parkhurst Trustee 1.0 0.0 X 0 0 0 John Rupe Trustee 1.0 0.0 X 0 0 0 Kirk Hays Trustee - as of 1/18 1.0 0.0 X 0 0 0 Leeland Alexander Trustee 1.0 0.0 X 0 0 0 Liestte Coston Trustee 1.0 0.0 X 0 0 0 R Louis Reynolds Trustee 1.0 0.0 X 0 0 0 Mary Shaw Trustee 1.0 0.0 X 0 0 0 Melinda Stinnett Trustee 1.0 0.0 X 0 0 0 Meredith Siegfried Madden Trustee 1.0 0.0 X 0 0 0 Mina Lotti Trustee 1.0 0.0 X 0 0 0 Nancy McDonald Trustee - thru 12/17 1.0 0.0 X 0 0 0 E Paul Samuels Trustee 1.0 0.0 X 0 0 0 Pierce Norton II Trustee 1.0 0.0 X 0 0 0 Roger Ramseyer Trustee 1.0 0.0 X 0 0 0 Shane Fernandez Trustee 1.0 0.0 X 0 0 0 Sharon King Davis Trustee 1.0 0.0 X 0 0 0 Steve Turnbo Trustee 1.0 0.0 X 0 0 0 Steven Fate Trustee 1.0 0.0 X 0 0 0 Susan Harris Trustee 1.0 0.0 X 0 0 0 Susan Neal Trustee 1.0 0.0 X 0 0 0 M Ted Haynes Trustee 1.0 0.0 X 0 0 0 Teresa Meinders Burkett Trustee 1.0 0.0 X 0 0 0 Tim Lyons Trustee 1.0 0.0 X 0 0 0 Wesley Mitchell Trustee - thru 12/17 1.0 0.0 X 0 0 0 William Lissau Trustee 1.0 0.0 X 0 0 0 Lauren Brookey President 17.0 0.0 X 65928 0 2701 Terri Floistad Director Foundation Finance 28.0 0.0 X 19054 0 0 84982 0 2701 0 false false true 0 459854 9781794 17939 10241648 0 179731 179731 0 0 0 0 0 2154328 1913417 240911 240911 240911 45420 459854 153764 -108344 -108344 0 0 0 0 0 0 0 10553946 312298 2016283 2016283 239887 239887 0 0 56154 56154 0 62546 62546 0 29634 29634 0 0 0 13440 13440 0 0 39404 39404 38703 12802 25901 0 1890 1854 36 0 0 0 5113 5113 0 23226 23226 0 0 0 2176 2176 REIMBURSED SERVICES TO TCC 24000 24000 MEALS & ENTERTAINMENT 29004 29004 GRAPHIC DESIGN & PRINTING 18229 18229 CREDIT CARD PROCESSING FEES 8894 8894 10857 1172 9685 2619440 2256170 280415 82855 334887 158249 2338831 6229381 48554 5090663 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7672287 7518116 0 0 0 0 0 0 0 0 10394559 18996409 33232 429475 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 33232 429475 X 181418 96415 4487014 14577431 5692895 3893088 10361327 18566934 10394559 18996409 7934506 271101 X false true X true false X 2820015 1190861 2264871 2445740 10241648 18963135 0 0 2820015 1190861 2264871 2445740 10241648 18963135 9995095 8968040 103748 127928 118535 120341 179731 650283 0 107450 20580 32550 42120 45420 248120 19861538 0.45153 0.72990 X 7870685 55100 608708 18401 625061 7891031 6893646 235000 756958 14919 7870685 7034368 54179 -174021 20880 6893646 6867323 51982 137703 22640 7034368 5796915 101305 981059 11956 6867323 0.03510 0.49340 0.47150 false false 0 0 X 10949550 271101 10143 153764 435008 10514542 39404 39404 10553946 2743943 10143 153764 163907 2580036 39404 39404 2619440 Intended Uses of Endowment Funds Form 990, Schedule D, Part V, Line 4 The Foundation uses the endowment earnings to fund scholarships, textbooks, endowed chairs, and a business lectureship. Liability for accounting for uncertainty in income taxes (ASC 740) Form 990, Schedule D, Part X, Line 2 The Internal Revenue Service has determined that the Foundation is a tax-exempt organization as defined in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal income taxes on related income. The Foundation is not considered a private foundation. The Foundation is also exempt from state income taxes under a similar provision of Oklahoma state statutes. Reconcilation of Revenue Form 990, Schedule D, Part XI, Line 2D Fundraising Event Expenses $153,764 Reconciliation of Expenses Form 990, Schedule D, Part XII, Line 2D Fundraising Event Expenses $153,764 VISION DINNER 356470 325750 30720 11438 40105 300 23881 OVERTURE DINNER 148804 134104 14700 21079 16553 23287 17121 0 505274 459854 45420 21079 27991 63392 300 41002 153764 -108344 true TULSA COMMUNITY COLLEGE 6111 EAST SKELLY DRIVE TULSA OK 74135 736017987 State of OK 1559096 TCC Activity Support TULSA COMMUNITY COLLEGE 6111 EAST SKELLY DRIVE TULSA OK 74135 736017987 State of OK 352260 SIGNATURE SYMPHONY TULSA COMMUNITY COLLEGE 6111 EAST SKELLY DRIVE TULSA OR 74135 736017987 State of OK 53995 CAPITAL PROJECTS TULSA COMMUNITY COLLEGE 6111 EAST SKELLY DRIVE TULSA OK 74135 736017987 State of OK 50932 COMMUNITY RELATIONS 1 SCHOLARSHIPS 290 239887 Procedures for Monitoring the Use of Grant Funds in the U.S. Form 990, Schedule I, Part I, Line 2 The Foundation assembles a scholarship committee and with the use of software they collect, review and evaluate applications for eligibility and select those to be awarded. TCC invoices the Foundation for the full amount awarded per semester. All grant expenses are reviewed and approved by the Foundation's officials to ensure funds are being used for the intended grant purpose. false false false false false false false false false Lauren Brookey President 65357 0 571 0 2701 68629 0 Terri Floistad Director Foundation Finance 19054 0 0 0 0 19054 0 Compensation from an unrelated organization Form 990, Part VII, Section A, Line 1 TCC, an unrelated organization, paid all compensation for the two individuals listed below in (A) and (B) for their services rendered to the filing organization. (A) The filing organization does not reimburse TCC for compensation paid to Lauren Brookey. (B) The filing organization reimburses TCC for the portion of compensation related to services performed for the foundation for Terri Floistad. Compensation reimbursements are reported on the statement of functional expenses on Form 990, Part IX, Line 5 as compensation of current officers and directors. Number of Employees on Form W-3 Form 990, Part V, Line 2a The number of employees listed as being on form w-3 is the total employee count for the foundation. While TCC is the common paymaster, the number of employees only includes the employee count for the foundation. Contemporaneous Documentation of Meetings Form 990, Part VI, Line 8b Formal minutes are not prepared for every committee meeting. However, committee chairs report activity to the entire governing body on a quarterly basis. As a result, all committee activity is included in the minutes for the Quarterly Board meetings of the FOundation's Board of Trustees. In addition, minutes are prepared for alL Finance & Investment Committee meetings. Form 990 Review Form 990, Part VI, Line 11A The filing organization utilitzes an independent accounting firm to complete the Form 990 and related schedules. Once the Form 990 is complete, it is presented to the Foundation Finance & Investment Committee for review and discussion. A complete copy of the Form 990 is made available to all of the trustees electronically prior to filing with the IRS. Written Conflict of Interest Policy Form 990, Part VI, Line 12 Each year, all foundation board members and key college employees are provided a conflict of interest inquiry and disclosure form to complete. THe completed forms are reviewed by Tcc's Vice President for external affairs for any potential conflicts. Potential conflicts are refereed to the foundation's legal counsel to assist with formulating plans to monitor matters for which the reporting board member would be excused from deliberations and voting. whistleblower policy Form 990, Part VI, Line 13 TCC employees who work on behalf of the foundation fall under the whistleblower policy provided by the state of Oklahoma. Process for determining compensation Form 990, Part VI, Line 15 The President of the foundation also has a college appointment as the VP External Affairs. Salary for this position is paid through college general funds. The amount of salary increase for the foundation president and other officer(s) is determined by the college. Public Availability Form 990, Part VI, Line 19 Copies of the foundation's policies, governing documents, and financial statements may be obtained upon request by calling (918) 595-7977 or in writing to 6111 East Skelly Drive, Suite 605, Tulsa, OK 74135-6198.