2018-05-15T12:32:41-05:00 2017-06-30 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2016-07-01 581587982 Nash Community College Foundation Inc NASH 2524434011 PO Box 7488 Rocky Mount NC 27804 R LEE CURRIN TREASURER 2524434011 2018-05-11 1 Amanda Adams P00748038 7043771678 2016 2022-09-23 18:48:47Z R LEE CURRIN PO Box 7488 Rocky Mount NC 27804 2021433 0 X WWW.NASHCC.EDU X 1983 NC THE NASH COMMUNITY COLLEGE FOUNDATION, INC. WAS ESTABLISHED IN 1983 TO INCREASE COMMUNITY AWARENESS, RAISE FUNDS FOR THE STUDENT SCHOLARSHIP PROGRAM, AND TO HELP MEET THE NEEDS OF NASH COMMUNITY COLLEGE. 25 25 0 25 0 0 568688 605470 0 0 -53528 473451 -25157 -3017 490003 1075904 307297 294010 0 0 0 0 0 0 7049 120513 109120 427810 403130 62193 672774 4767515 5443757 2954 16422 4764561 5427335 THE NASH COMMUNITY COLLEGE FOUNDATION, INC. WAS ESTABLISHED IN 1983 TO INCREASE COMMUNITY AWARENESS, RAISE FUNDS FOR THE STUDENT SCHOLARSHIP PROGRAM, AND TO HELP MEET THE NEEDS OF NASH COMMUNITY COLLEGE. 0 0 294010 294010 CONTRIBUTIONS TO NASH COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, ACTIVITIES, AND OTHER NEEDS OF NASH COMMUNITY COLLEGE. 294010 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X Pamela Ballew 2524434011 PO Box 7488 Rocky Mount NC 27804 X Kimberly S Sutton President 1.00 X X 0 0 0 Robyn Perkerson Vice President 1.00 X X 0 0 0 R Lee Currin Treasurer 1.00 X X 0 0 0 Lyn Brown Secretary 1.00 X X 0 0 0 Craig Worthy Past President 1.00 X X 0 0 0 Donnell Battle Trustee 0.50 X 0 0 0 Andy Blanton Trustee 0.50 X 0 0 0 Evan Chavez Trustee 0.50 X 0 0 0 Kevin Cox Trustee 0.50 X 0 0 0 David Combs Trustee 0.50 X 0 0 0 Royal David Trustee 0.50 X 0 0 0 Sam Dickens Trustee 0.50 X 0 0 0 Lank Dunton Trustee 0.50 X 0 0 0 Tanya Evans Trustee 0.50 X 0 0 0 Steve Felton Trustee 1.00 X 0 0 0 Bryan Grice Trustee 0.50 X 0 0 0 Frank Maynard Trustee 0.50 X 0 0 0 Ed Moore Trustee 0.50 X 0 0 0 Jake Parrott Trustee 0.50 X 0 0 0 Becky Parks Trustee 0.50 X 0 0 0 David Paugh Trustee 0.50 X 0 0 0 Dina Pitt Trustee 1.00 X 0 0 0 Tommy Stockdale Trustee 0.50 X 0 0 0 Morris Wilder Trustee 0.50 X 0 0 0 Dr Robert E Zipf Jr Trustee 0.50 X 0 0 0 0 0 0 0 0 0 0 0 36894 568576 31008 605470 147495 147495 1235052 909096 325956 325956 325956 33416 36894 36433 -3017 -3017 1075904 0 0 470434 294010 294010 9035 9035 20365 20365 1313 1313 2757 2757 10341 10341 20600 20600 799 799 577 577 SPECIAL EVENTS 19034 11985 7049 NCC Program Supplies 19023 19023 5276 5276 403130 294010 102071 7049 367204 113490 40126 137984 67225 15725 61500 51500 4298685 5140783 4767515 5443757 454 11833 2500 4589 2954 16422 X 226538 230208 541811 859942 3996212 4337185 4764561 5427335 4767515 5443757 672774 -10000 0 X 0 1 X 1 0 X 389778 542645 572530 711601 605470 2822024 165230 142913 142785 450928 389778 542645 737760 854514 748255 3272952 116757 3156195 317554 143728 214681 168166 147495 991624 4264576 112376 0.74010 0.76160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 4480387 250973 445475 98084 19607 5059144 4454926 147501 -50991 53133 17916 4480387 4478782 117067 -31130 91577 18216 4454926 3920820 119426 533078 77494 17048 4478782 3531652 88154 319311 2992 15305 3920820 0.00000 0.83750 0.16250 0 1 0 51500 51500 15725 15725 0 51500 X 1245122 -10000 142785 132785 1112337 -36433 -36433 1075904 582348 142785 36433 179218 403130 0 403130 Part V, Line 4: ENDOWMENT FUNDS AND THEIR EARNINGS ARE USED TO PROVIDE SCHOLARSHIPS AND OTHER SUPPORT TO NASH COMMUNITY COLLEGE. Part X, Line 2: The Foundation is exempt from federal and state income taxation under the provisions of Section 501(c)(3) of the Internal Revenue Code ("IRC"). In accordance with IRC regulations, the Foundation is taxed on unrelated business income, which consists of earnings from activities not related to the exempt purpose of the Foundation. The Foundation accounts for tax uncertainties based on a more likely than not recognition threshold whereby tax benefits are only recognized when the Foundation believes that they have a greater than 50% likelihood of being sustained upon examination by taxing authorities. The Foundation has evaluated all tax positions and determined that it has no uncertain income tax positions as of June 30, 2017. Part XI, Line 4b - Other Adjustments: FUNDRAISING EVENT EXPENSES -36,433. Part XII, Line 2d - Other Adjustments: FUNDRAISING EVENT EXPENSES 36,433. GOLF TOURNAMENT 45464 36894 8570 25109 BlueFest 7628 7628 491 1 17218 17218 10833 70310 36894 33416 36433 36433 -3017 1 NASH COMMUNITY COLLEGE 522 N OLD CARRIAGE ROAD ROCKY MOUNT NC 27804 560895794 170(c)(1) 204216 FUNDING OF SCHOLARSHIPS NASH COMMUNITY COLLEGE 522 N OLD CARRIAGE ROAD ROCKY MOUNT NC 27804 560895794 170(c)(1) 89794 FUNDING OF OTHER ACTIVITIES 1 0 Part I, Line 2: THE FOUNDATION RECEIVES CHARITABLE CONTRIBUTIONS WHICH ARE PROVIDED EXCLUSIVELY TO NASH COMMUNITY COLLEGE FOR SCHOLARSHIPS AND OTHER BENEFICIAL ACTIVITIES FOR STUDENTS ATTENDING THE COLLEGE. X 3 590 FMV X 1749 FMV X 12760 FMV X OTHER 67 15909 FMV 0 0 1 0 Form 990, Part VI, Section B, line 11b THE TREASURER AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 AND ALL SUPPORTING SCHEDULES PRIOR TO SUBMISSION. Form 990, Part VI, Section B, line 12c Board Members are instructed to notify the Foundation of any conflicts of interest that arise. The Foundation monitors any conflict of interest situations for compliance with our policy. Form 990, Part VI, Section B, line 15 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES. ALL INDIVIDUALS WHO PERFORM "EMPLOYEE RELATED" SERVICES ON BEHALF OF THE FOUNDATION ARE PAID BY AN AFFILIATED ENTITY, NASH COMMUNITY COLLEGE. COMPENSATION AMOUNTS FOR INDIVIDUALS WHO PERFORM SERVICES ON BEHALF OF THE FOUNDATION ARE SET UNDER THE HR GUIDELINES OF NASH COMMUNITY COLLEGE. Form 990, Part VI, Section C, line 19 DOCUMENTATION IS MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. Nash Community College 522 N Old Carriage Road Rocky Mount NC 27804 560895794 Post-Secondary Education NC 170(c)(1) 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0