2018-03-01T08:21:57-05:00 2017-06-30 200427530 RIVES & ASSOCIATES LLP 4515 FALLS OF NEUSE ROAD SUITE 450 RALEIGH NC 27609 990 2016-07-01 581663605 JOHNSTON COMMUNITY COLLEGE FOUNDATION JOHN 9192092119 PO BOX 2350 SMITHFIELD NC 27577 DR TWYLA WELLS EXECUTIVE DIRECTOR 9192092119 2017-11-07 true THOMAS B CORNWELL CPA P00901347 9198326848 2018-03-01 0F2550738D488F53F56428640779112F7D63D220 0F2550738D488F53F56428640779112F7D63D220 2016 2021-01-29 14:40:06Z DR TWYLA WELLS 245 COLLEGE ROAD SMITHFIELD NC 27577 8346410 false X WWW.JOHNSTONCC.EDU/FOUNDATION X 1982 NC JOHNSTON COMMUNITY COLLEGE FOUNDATION'S MISSION IS TO PROMOTE AND DEVELOP PUBLIC GIFT SUPPORT FOR JOHNSTON COMMUNITY COLLEGE THROUGH SOLICITATION OF PRIVATE GIFT CONTRIBUTIONS AND THE PRUDENT MANAGEMENT AND INVESTMENT OF SUCH GIFTS FOR ENHANCEMENT AND ADVANCEMENT OF THE COLLEGE, ITS PROGRAMS AND ACTIVITIES, AND FOR STUDENT EDUCATIONAL LOANS, SCHOLARSHIPS, AND GRANTS. 22 22 0 22 0 1216532 728016 0 -11859 324702 9860 -520 1214533 1052198 751570 593695 0 0 0 42476 151537 188262 903107 781957 311426 270241 7604898 8215174 2696 14487 7602202 8200687 X JOHNSTON COMMUNITY COLLEGE FOUNDATION'S MISSION IS TO PROMOTE AND DEVELOP PUBLIC GIFT SUPPORT FOR JOHNSTON COMMUNITY COLLEGE THROUGH SOLICITATION OF PRIVATE GIFT CONTRIBUTIONS AND THE PRUDENT MANAGEMENT AND INVESTMENT OF SUCH GIFTS FOR ENHANCEMENT AND ADVANCEMENT OF THE COLLEGE, ITS PROGRAMS AND ACTIVITIES, AND FOR STUDENT EDUCATIONAL LOANS, SCHOLARSHIPS, AND GRANTS. false false 641261 593695 TO PROVIDE FUNDS FOR SPECIAL PURPOSES, SPECIAL AWARDS, SCHOLARSHIPS, INNOVATION GRANTS, AND DIRECT INSTITUTIONAL SUPPORT FOR THE BENEFIT OF JOHNSTON COMMUNITY COLLEGE AND ITS STUDENTS. 641261 true true false false false false false false false true true false false false true true true false false false false false false false true false false true true false false false false false false false false false true false false false false false false false false true 6 0 true 0 false false false false false true true false false false false false false X 22 22 false false false false false false false true true false false true true false true true true false false false X JULIE HARRISON CPA 9192092198 245 COLLEGE ROAD SMITHFIELD NC 27577 BARRY PARTLO PRESIDENT 2.00 X X 0 0 0 TIM STEVENS PRESIDENT EL 1.00 X X 0 0 0 SCOTT PARRISH IMMEDIATE PA 1.00 X X 0 0 0 JEFF POPE CHAIR 1.00 X 0 0 0 LINDA LASSITER CHAIR 1.00 X 0 0 0 DEB PATTISON CHAIR 1.00 X 0 0 0 DR PAMELA HARRELL CHAIR 1.00 X 0 0 0 DR GRIFFIN DAVID LOCKETT CHAIR 1.00 X 0 0 0 NATHAN ARNN MEMBER 1.00 X 0 0 0 WOODY BAILEY MEMBER 1.00 X 0 0 0 ELIZABETH BAKER MEMBER 1.00 X 0 0 0 JEAN BARNES MEMBER 1.00 X 0 0 0 SARAI DANIELS MEMBER 1.00 X 0 0 0 KEVIN DOUGHERTY MEMBER 1.00 X 0 0 0 CAROLYN ENNIS MEMBER 1.00 X 0 0 0 BILL GALLOWAY MEMBER 1.00 X 0 0 0 CAROL GROOMS MEMBER 1.00 X 0 0 0 PATRICIA JONES MEMBER 1.00 X 0 0 0 ASHLEY MCDANIEL MEMBER 1.00 X 0 0 0 PHYLLIS PARRISH MEMBER 1.00 X 0 0 0 LYNN RAGSDALE MEMBER 1.00 X 0 0 0 LISA SULLIVAN MEMBER 1.00 X 0 0 0 DR TWYLA WELLS EXECUTIVE DI 40.00 X 0 78315 8254 DR DARRYL MCGRAW TREASURER 2.00 X 0 0 0 78315 8254 false false false 106769 621247 94134 728016 123696 123696 7453500 7252494 201006 201006 201006 106769 41718 -41718 -41718 REIMBURSED EXPENSES 40350 40350 MISCELLANEOUS 848 848 41198 1052198 41198 282984 412434 412434 181261 181261 28021 28021 70291 20001 17950 32340 1859 1734 125 55295 6689 46337 2269 13487 10288 1099 2100 5050 5050 DONOR APPRECIATION 5972 5972 MEMBERSHIP DUES 3841 3841 PUBLIC RELATIONS 3599 2882 717 BANKING FEES 847 847 781957 641261 98220 42476 1416199 1342469 134400 91985 5937 3305 4802 793940 10874 788116 783066 5260246 5989547 7604898 8215174 2696 2927 4300 7260 2696 14487 X 120862 185881 2358792 2670966 5122548 5343840 7602202 8200687 7604898 8215174 270241 328244 X false true X true false X 871587 898232 629520 1216532 728016 4343887 267540 295826 368967 932333 871587 898232 897060 1512358 1096983 5276220 1109037 4167183 98215 75147 122761 132117 123696 551936 13482 18747 17046 49891 41191 140357 5968513 41198 0.69820 0.67000 X PART II, LINE 10 OTHER INCOME 140,357 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6702550 511448 608737 558698 28021 7236016 6437025 1069632 -123285 128994 528448 23380 6702550 6292942 446240 22501 298996 25662 6437025 5296156 845101 737998 564766 21547 6292942 4760759 752363 328113 522741 480 21858 5296156 0.63090 0.36910 true false 365900 365900 412890 412890 15150 10874 4276 783066 OTHER LIABILITIES 7260 7260 X 1763126 328244 368987 41718 738949 1024177 28021 28021 1052198 1164641 368987 41718 410705 753936 28021 28021 781957 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ORGANIZATION'S INTENDED USE OF ENDOWMENT FUNDS IS TO FUND LONG TERM PROGRAMS AND CURRENT PROGRAM ACTIVITIES. SCHEDULE D, PAGE 3, PART X THE FOUNDATION FOLLOWS THE PROVISIONS OF FASB ASC 740-10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FASB ASC 740-10 PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING DIRECT EXPENSES 41,718 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING DIRECT EXPENSES 41,718 GOLF TOURNAMENT 43421 43421 3600 8035 2650 2196 4500 250 GOLF AUCTION 35478 35478 5000 2790 1315 2875 250 2 26820 26820 312 2545 2290 105719 105719 8600 10825 4277 7616 4500 2790 38608 -38608 true JOHNSTON COMMUNITY COLLEGE 245 COLLEGE ROAD SMITHFIELD NC 27577 560937578 412434 BOOK MATERIALS SEE PART IV 1 SCHOLARSHIPS AND AWARDS 279 161261 DIRECT INSTIUTIONAL SUPOR 20000 SCHEDULE I, PAGE 1, PART I, LINE 2 INNOVATION GRANTS ARE AWARDED BY JOHNSTON COMMUNITY COLLEGE FOUNDATION - INNOVATION GRANTS AND SCHOLARSHIP COMMITTEE, AND RELATED DISBURSEMENTS ARE ADMINISTERED BY JOHNSTON COMMUNITY COLLEGE. THE GRANTS ARE AWARDED TO PROJECT MANAGERS THAT WERE CHOSEN AFTER COMPLETION OF A COMPETITIVE SELECTION PROCESS BY THE INNOVATION GRANTS AND SCHOLARSHIP COMMITTEE AND ALSO APPROVED BY THE FULL FOUNDATION BOARD OF DIRECTORS. SCHEDULE I, PAGE 4, PART IV PART II, LINE 1, COLUMN (H): NAME OF ORGANIZATION OR GOVERNMENT: JOHNSTON COMMUNITY COLLEGE (H) PURPOSE OF GRANT OR ASSISTANCE: DIRECT INSTITUTIONAL SUPPORT 20,000.00; SCHOLARSHIPS 183,179.03; SPECIAL PURPOSE GIFTS 3,818.23; PERFORMING ARTS GIFT 297,350.00; TACTICAL TRAINING FACILITY GIFT 35,000.00. X 1 40086 SELLING PRICE X FURNITURE, ETC 1 45700 FMV X TOOLS 1 8348 FMV false false false FORM 990 - ORGANIZATION'S MISSION JOHNSTON COMMUNITY COLLEGE FOUNDATION'S MISSION IS TO PROMOTE AND DEVELOP PUBLIC GIFT SUPPORT FOR JOHNSTON COMMUNITY COLLEGE THROUGH SOLICITATION OF PRIVATE GIFT CONTRIBUTIONS AND THE PRUDENT MANAGEMENT AND INVESTMENT OF SUCH GIFTS FOR ENHANCEMENT AND ADVANCEMENT OF THE COLLEGE, ITS PROGRAMS AND ACTIVITIES, AND FOR STUDENT EDUCATIONAL LOANS, SCHOLARSHIPS, AND GRANTS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND TREASURER. THE FORM 990 WILL THEN BE REVIEWED BY THE BOARD OF DIRECTORS AND APPROVED BY VOTE BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C DIRECTOR OR OFFICER SHOULD DISCLOSE AND DISCUSS THEIR INTEREST IN THE TRANSACTION WITH THE BOARD OF DIRECTORS AND THE BOARD OF DIRECTORS MUST APPROVE THE TRANSACTION. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST AT THE OFFICE OF THE ORGANIZATION. FORM 990, PART XI, LINE 9 FUNDRAISING DIRECT EXPENSES 41,718 FUNDRAISING DIRECT EXPENSES -41,718