2019-11-12T10:32:36-06:00 2019-06-30 363168081 SIKICH LLP 1415 W DIEHL RD SUITE 400 NAPERVILLE IL 605632349 990 2018-07-01 362990533 WAUBONSEE COMMUNITY COLLEGE FOUNDATION WAUB 6304667900 ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 DARLA CARDINE EXECUTIVE TREASURER 6304667900 2019-11-11 1 JILL M BOYLE CPA P01246734 6305668400 2019-11-11 71.205.92.204 2019-11-11 08:51:06 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 ABA4EC4281BAA6629D62F3D21867FC11A781E7B3 2018 2020-01-14 16:20:31Z ROBERT BARTO ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 2469582 0 X WWW.WAUBONSEE.EDU/FOUNDATION.PHP X 1978 IL TO FUND WAUBONSEE COMMUNITY COLLEGE STUDENT SCHOLARSHIPS AND EDUCATIONAL PROGRAMS. 24 24 0 40 0 0 460145 426677 0 0 230094 192414 66250 25844 756489 644935 271493 372127 0 0 0 0 0 0 0 48536 140057 320029 512184 436460 132751 5104920 5637721 0 2000 5104920 5635721 THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION WAS FORMED TO ADVANCE THE EDUCATIONAL AND CHARITABLE PURPOSES OF WAUBONSEE COMMUNITY COLLEGE. THE PRIMARY OBJECTIVE OF THE FOUNDATION IS TO RAISE FUNDS FOR STUDENT SCHOLARSHIPS AND EDUCATIONAL PROGRAMS. 0 0 373142 324127 0 THE WCCF PROVIDED 380 SCHOLARSHIPS TO STUDENTS ATTENDING WCC. THE TOTAL VALUE IS $324,127 WHICH INCLUDED $307,162 OF WCCF SCHOLARSHIPS AND $16,965 IN CAREER & TECHNICAL EDUCATION SCHOLARSHIPS FOR WCC STUDENTS. 48000 48000 THE WCCF PAID $48,000 TO WAUBONSEE COMMUNITY COLLEGE FOR DONATIONS RECEIVED TO SUPPORT SPECIFIC EDUCATIONAL PROGRAMS AT THE COLLEGE. 421142 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 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X THE ORGANIZATION 6304667900 ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 X PENELOPE CAMERON PRESIDENT 2.00 X X 0 0 0 EDUARDO GIL VICE PRESIDENT 1.00 X X 0 0 0 MICHAEL OCHSENSCHLAGER SECRETARY/TREASURER 2.00 X X 0 0 0 DALE BERMAN DIRECTOR 1.00 X 0 0 0 JOHN CORDOGAN DIRECTOR 1.00 X 0 0 0 GERARD DEMPSEY DIRECTOR 1.00 X 0 0 0 BRIAN DOLAN DIRECTOR 1.00 X 0 0 0 LYNN DUBAJIC DIRECTOR 1.00 X 0 0 0 STAN FREE DIRECTOR 1.00 X 0 0 0 THEODIA GILLESPIE DIRECTOR 1.00 X 0 0 0 RICHARD HAWKS DIRECTOR 1.00 X 0 0 0 DR DIANE HOMAN DIRECTOR 1.00 X 0 0 0 DR THOMAS R HUBERTY DIRECTOR 1.00 X 0 0 0 EDWARD KEATING DIRECTOR 1.00 X 0 0 0 ANGELO KLERONOMOS DIRECTOR 1.00 X 0 0 0 LAURA NEWMAN DIRECTOR 1.00 X 0 0 0 GERALD PALMER DIRECTOR 1.00 X 0 0 0 BONNIE PROCTOR DIRECTOR 1.00 X 0 0 0 JEROME RICH DIRECTOR 1.00 X 0 0 0 DR GINA SANTORI DIRECTOR 1.00 X 0 0 0 JENNIFER SHOOK-HARRIS DIRECTOR 1.00 X 0 0 0 TIM TREMAIN DIRECTOR 1.00 X 0 0 0 RICHARD WAGNER DIRECTOR 1.00 X 0 0 0 MATTHEW WINKLE DIRECTOR 1.00 X 0 0 0 MATTHEW MILLER DIRECTOR (THROUGH 5/30/19) 1.00 X 0 0 0 DARLA CARDINE EXECUTIVE TREASURER 2.00 X 0 0 0 ROBERT BARTO FOUNDATION EXECUTIVE DIREC 32.00 X 0 0 0 0 0 0 0 0 0 1 0 16996 409681 91399 426677 146335 146335 1843531 1797452 46079 46079 46079 53039 16996 27195 25844 25844 644935 0 0 218258 48000 48000 324127 324127 28480 28480 19095 19095 11794 11794 MATERIALS AND SUPPLIES 68658 49015 19643 0 EQUIPMENT RENTAL 10947 0 10947 0 MISCELLANEOUS EXPENSE 1083 0 1083 0 512184 421142 91042 0 48753 54635 0 250217 4000 1800 13500 1167 4968201 5255579 70466 74323 5104920 5637721 0 2000 0 2000 X 0 1642844 2971317 0 2133603 3992877 5104920 5635721 5104920 5637721 X 132751 158591 235654 3804 X 0 1 X 1 0 X 214304 754936 340493 457830 426677 2194240 214304 754936 340493 457830 426677 2194240 210445 1983795 99789 106258 130742 140241 146335 623365 66250 25844 92094 2909699 0.68180 0.74690 X 2615064 107800 190642 93331 2820175 1851800 281803 2133603 1747349 108451 4000 1851800 1649349 98000 1747349 1510339 145000 5990 1649349 1.00000 0 0 0 X 1095182 158591 289137 30999 478727 616455 28480 28480 644935 800036 289137 27195 316332 483704 28480 28480 512184 PART V, LINE 4: TO PROVIDE FUNDS FOR WAUBONSEE COMMUNITY COLLEGE STUDENT SCHOLARSHIPS. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 27,195. CASH SURRENDER VALUE OF LIFE INSURANCE 3,804. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 27,195. PART V - ENDOWMENT BEGINING BALANCE ENDOWMENT CURRENT YEAR BEGINNING BALANCE WAS RESTATED FOR CHANGE ON THE AUDITED FINANCIAL STATEMENTS FOR YEAR ENDING 6/30/18. GOLF OUTING 70035 16996 53039 500 2286 24316 93 70035 16996 53039 500 2286 24316 93 27195 25844 1 WAUBONSEE COMMUNITY COLLEGE ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 366153030 501(C)(1) 48000 EDUCATION PROGRAMS 1 0 SCHOLARSHIPS 300 324127 PART I, LINE 2: DURING THE SCHOLARSHIP RECIPIENT SELECTION PROCESS, ONLY THOSE STUDENTS WHO MEET A DONOR'S SPECIFIED SELECTION CRITERIA ARE CONSIDERED BY THE SELECTION COMMITTEE FOR A PARTICULAR SCHOLARSHIP. FOLLOWING THE AWARD OF A SCHOLARSHIP, AN ANALYST IN THE FINANCIAL AID OFFICE VERIFIES EACH SEMESTER THAT STUDENTS WITH SCHOLARSHIPS THAT SPECIFY A MAJOR AREA OF STUDY OR A SPECIFIC GRADE POINT AVERAGE (GPA) ARE TAKING COURSES IN THE SPECIFIED AREA OF STUDY AND/OR MAINTAINING THE REQUIRED GPA. STUDENTS WHO DO NOT COMPLY WITH THEIR SCHOLARSHIP'S SPECIFICATIONS LOSE THE SCHOLARSHIP SECOND SEMESTER. IN ADDITION, THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION BOARD OF DIRECTORS RECEIVES A LIST OF CURRENT YEAR SCHOLARSHIP RECIPIENTS AND THE AMOUNT OF SCHOLARSHIP FUNDS EACH HAS USED ANNUALLY. 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, SECTION A, LINE 5, COMPENSATION FROM AN UNRELATED PARTY UNRELATED ORGANIZATION: WAUBONSEE COMMUNITY COLLEGE EMPLOYEE: ROB BARTO BASE COMPENSATION: 140,742 NON-TAXABLE BENEFITS: 13,855 X 11 17052 FMV X TECHNOLOGY SOFTWARE 3 27943 FMV X OTHER CAR PARTS 14 18800 FMV X EQUIPMENT 3 10947 FMV X TRAVEL 38 6928 FMV X CONFERENCES & MEETINGS 31 4866 FMV X SUPPLIES - MISCELLANEOUS 53 4863 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS DELEGATED TO THE FINANCE AND AUDIT COMMITTEE AND THE EXECUTIVE COMMITTEE THE RESPONSIBILITY FOR REVIEW OF THE 990. WHEN THE TWO COMMITTEES ARE NOTIFIED THAT THE 990 IS COMPLETE AND READY FOR ITS REVIEW, ALL OTHER MEMBERS OF THE BOARD OF DIRECTORS ARE ALSO NOTIFIED AND INVITED TO REVIEW THE 990 IF THEY WISH TO DO SO. FORM 990, PART VI, SECTION B, LINE 12C EVERY DIRECTOR RECEIVES THE CONFLICT OF INTEREST POLICY AND STATEMENT FROM THE PRESIDENT OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION PRIOR TO THE FALL ANNUAL MEETING. ONCE ALL SIGNED FORMS HAVE BEEN RECEIVED, THE PRESIDENT OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION AND THE CHAIRMAN OF THE NOMINATING AND GOVERNANCE COMMITTEE REVIEW THEM ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE TOP MANAGEMENT OFFICIAL OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION IS AN EMPLOYEE OF, EVALUTED BY, AND COMPENSATED BY WAUBONSEE COMMUNITY COLLEGE. WAUBONSEE COMMUNITY COLLEGE EVAULATES COMPENSATION BASED ON A COMPREHENSIVE COMPENSATION BENEFITS STUDY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN CASH VALUE OF LIFE INSURANCE 3,804.