MIDLANDS TECHNICAL COLLEGE FOUNDATION INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MIDLANDS TECHNICAL COLLEGE FOUNDATION INC (EIN 23-7085753)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-11-09
- IRS object ID
- 201733139349300613
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-09T08:27:23-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 464116137 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BRITTINGHAM GROUP LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5949 | AddressLine1Txt |
| City | WEST COLUMBIA | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 291715949 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237085753 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIDLANDS TECHNICAL COLLEGE | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MIDL | BusinessNameControlTxt |
| Phone | 8037325333 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 2408 | AddressLine1Txt |
| City | COLUMBIA | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RONALD D RHAMES | PersonNm |
| Person Title | TRUSTEE EMERITUS | PersonTitleTxt |
| Phone | 8038223269 | PhoneNum |
| Signature | 2017-10-03 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HARRY D DELOACH | PreparerPersonNm |
| PTIN | P00592698 | PTIN |
| Phone | 8037393090 | PhoneNum |
| Preparation | 2017-10-03 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 279DFC9BF3EB08E8F9806B51FFB72CDBD93C48E5 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 89F8E364BD1CD3D910D34391B8BB97D5608B98CE | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RONALD D RHAMES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 2408 | AddressLine1Txt |
| City | COUMBIA | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,383,792 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MTCFOUNDATION.NET/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1970 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | TO BUILD MEANINGFUL RELATIONSHIPS WITH DONORS THAT LEAD TO GIFTS THAT SUPPORT THE MISSION OF MIDLANDS TECHNICAL COLLEGE TO PREPARE STUDENTS FOR SUCCESS IN THE WORKFORCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 23 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,427,705 | PYContributionsGrantsAmt |
| CY Contributions Grants | $954,547 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $20,835 | PYInvestmentIncomeAmt |
| CY Investment Income | $435,775 | CYInvestmentIncomeAmt |
| PY Other Revenue | $16,014 | PYOtherRevenueAmt |
| CY Other Revenue | $7,549 | CYOtherRevenueAmt |
| PY Total Revenue | $2,464,554 | PYTotalRevenueAmt |
| CY Total Revenue | $1,397,871 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $348,835 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $238,005 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $121,031 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $136,222 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $153,060 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $698,835 | PYOtherExpensesAmt |
| CY Other Expenses | $603,564 | CYOtherExpensesAmt |
| PY Total Expenses | $1,168,701 | PYTotalExpensesAmt |
| CY Total Expenses | $977,791 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,295,853 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $420,080 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,087,192 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,414,632 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $52,892 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $34,404 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $11,034,300 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,380,228 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO BUILD MEANINGFUL RELATIONSHIPS WITH DONORS THAT LEAD TO GIFTS THAT SUPPORT THE MISSION OF MIDLANDS TECHNICAL COLLEGE TO PREPARE STUDENTS FOR SUCCESS IN THE WORKFORCE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $219,087 | ExpenseAmt |
| Grant | $219,087 | GrantAmt |
| Desc | PROVISION OF SCHOLARSHIPS WHICH ASSIST STUDENTS WITH NEEDED FUNDS TO DEFRAY THE COST OF TUITION AT MIDLANDS TECHNICAL COLLEGE, NONE GREATER THAN 2,000. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $482,941 | ExpenseAmt |
| Grant | $18,918 | GrantAmt |
| Desc | ENHANCEMENTS IN SUPPORT OF MIDLANDS TECHNICAL COLLEGE PROGRAMS | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $702,028 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 28 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TAMI SMITH | PersonNm |
| Phone | 8038223403 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 2408 | AddressLine1Txt |
| City | COLUMBIA | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29202 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| RONALD D RHAMES | ||||||
| TRUSTEE EMER | 5.00 | Yes (X) | Yes (X) | $88,900 | $190,588 | $0 |
| SCOTT R ADAMS | ||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RYAN DUKES | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BARBARA W BLAU | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID E DUBBERLY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM KIRKLAND | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARION A KNOX JR | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SOLOMON JACKSON JR | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WALTER JOHNSON | ||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GWEN HAMPTON | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ERNIE MAGARO JR | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| R SCOTT MCCLELLAND | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ERNEST MAGARO III | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOSEPH POWERS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL WILLIAMS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS E PERSONS SR | ||||||
| TRUSTEE EMER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GERALD SWEETLAND | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID WOLLARD | ||||||
| TRUSTEE | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAMES REYNOLDS | ||||||
| TRUSTEE EMER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES L BRAUN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT BRINKERHOFF | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JUDGE TOMOTHY C EDMOND | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIS LANGLEY III | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $88,900 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $190,588 | TotReportableCompRltdOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $26,500 | GovernmentGrantsAmt |
| All Other Contributions | $928,047 | AllOtherContributionsAmt |
| Noncash Contributions | $13,261 | NoncashContributionsAmt |
| Total Contributions | $954,547 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $171,009 | TotalRevenueColumnAmt |
| Exclusion | $171,009 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,236,538 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,971,772 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $264,766 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $264,766 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $264,766 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $21,698 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $14,149 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,549 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,397,871 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $264,766 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $171,009 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,005 | TotalAmt |
| Program Services | $238,005 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,900 | TotalAmt |
| Program Services | $88,900 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,322 | TotalAmt |
| Program Services | $47,322 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,000 | TotalAmt |
| Management And General | $3,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,620 | TotalAmt |
| Management And General | $12,620 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,208 | TotalAmt |
| Program Services | $40,208 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,015 | TotalAmt |
| Management And General | $55,015 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $248,187 | TotalAmt |
| Program Services | $99,003 | ProgramServicesAmt |
| Management And General | $507 | ManagementAndGeneralAmt |
| Fundraising | $148,677 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,400 | TotalAmt |
| Program Services | $9,557 | ProgramServicesAmt |
| Fundraising | $1,843 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,572 | TotalAmt |
| Program Services | $64,032 | ProgramServicesAmt |
| Management And General | $6,000 | ManagementAndGeneralAmt |
| Fundraising | $2,540 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,597 | TotalAmt |
| Program Services | $10,223 | ProgramServicesAmt |
| Management And General | $6,374 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,138 | TotalAmt |
| Management And General | $2,138 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROFESSIONAL DEVELOPMENT | $80,577 | $80,577 | |
| ALUMNI RELATIONS | $17,288 | $17,288 | |
| IN KIND GIFTS | $13,261 | $13,261 | |
| FOUNDATION BOARD MEETING | $6,887 | $6,887 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,814 | TotalAmt |
| Program Services | $10,940 | ProgramServicesAmt |
| Management And General | $12,874 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $977,791 | TotalAmt |
| Program Services | $702,028 | ProgramServicesAmt |
| Management And General | $122,703 | ManagementAndGeneralAmt |
| Fundraising | $153,060 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $318,450 | BOYAmt |
| EOY | $543,069 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,721,657 | BOYAmt |
| EOY | $2,043,380 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,168 | BOYAmt |
| EOY | $18,463 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,000 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000 | BOYAmt |
| EOY | $5,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,023,917 | BOYAmt |
| EOY | $8,804,720 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,087,192 | BOYAmt |
| EOY | $11,414,632 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,892 | BOYAmt |
| EOY | $34,404 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,892 | BOYAmt |
| EOY | $34,404 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,046,383 | BOYAmt |
| EOY | $1,825,436 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,427,301 | BOYAmt |
| EOY | $2,704,966 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,560,616 | BOYAmt |
| EOY | $6,849,826 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,034,300 | BOYAmt |
| EOY | $11,380,228 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,087,192 | BOYAmt |
| EOY | $11,414,632 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $420,080 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $100,982 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$175,134 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $557,066 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,244,745 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,469,307 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,427,705 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $954,547 | CurrentTaxYearAmt |
| Total | $7,653,370 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $557,066 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,244,745 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,469,307 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,427,705 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $954,547 | CurrentTaxYearAmt |
| Total | $7,653,370 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,561,460 | SubstantialContributorsTotAmt |
| Public Support Total170 | $6,091,910 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $158,376 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $144,671 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $174,436 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $209,264 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $171,009 | CurrentTaxYearAmt |
| Total | $857,756 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$29,462 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$21,071 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $16,014 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,549 | CurrentTaxYearAmt |
| Total | -$26,970 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $8,484,156 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $21,698 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.71800 | PublicSupportCY170Pct |
| Public Support PY170 | 0.77280 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | GOLF TOURNAMENT -26,970 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $40,208 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $40,208 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $937,583 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $977,791 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $171,669 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $42,917 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $147,546 | CurrentYearMinus3Amt |
| Current Year Minus2 | $165,114 | CurrentYearMinus2Amt |
| Current Year Minus1 | $191,870 | CurrentYearMinus1Amt |
| Current Year | $171,669 | CurrentYearAmt |
| Total | $676,199 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $1,014,299 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $35,223 | CurrentYearMinus3Amt |
| Current Year Minus2 | $40,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $40,520 | CurrentYearMinus1Amt |
| Current Year | $40,208 | CurrentYearAmt |
| Total | $155,951 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $36,887 | CurrentYearMinus3Amt |
| Current Year Minus2 | $41,279 | CurrentYearMinus2Amt |
| Current Year Minus1 | $47,968 | CurrentYearMinus1Amt |
| Current Year | $42,917 | CurrentYearAmt |
| Total | $169,051 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $253,577 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,200,940 | BeginningYearBalanceAmt |
| Contributions | $289,210 | ContributionsAmt |
| Investment Earnings Or Losses | $246,622 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $101,021 | OtherExpendituresAmt |
| End Year Balance | $8,635,751 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,869,298 | BeginningYearBalanceAmt |
| Contributions | $1,258,470 | ContributionsAmt |
| Investment Earnings Or Losses | $156,573 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $83,401 | OtherExpendituresAmt |
| End Year Balance | $8,200,940 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,197,637 | BeginningYearBalanceAmt |
| Contributions | $2,127,877 | ContributionsAmt |
| Investment Earnings Or Losses | $593,101 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $49,317 | OtherExpendituresAmt |
| End Year Balance | $6,869,298 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,003,535 | BeginningYearBalanceAmt |
| Contributions | $102,540 | ContributionsAmt |
| Investment Earnings Or Losses | $135,626 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $44,064 | OtherExpendituresAmt |
| End Year Balance | $4,197,637 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,927,732 | BeginningYearBalanceAmt |
| Contributions | $26,436 | ContributionsAmt |
| Investment Earnings Or Losses | $110,710 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $61,343 | OtherExpendituresAmt |
| End Year Balance | $4,003,535 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.07340 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.79320 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.13340 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $5,000 | InvestmentCostOrOtherBasisAmt |
| Book Value | $5,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,000 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $1,337,868 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $100,982 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $14,149 | OtherRevenueAmt |
| Revenue Not Reported | $115,131 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,222,737 | RevenueSubtotalAmt |
| Other Revenues Not Included | $175,134 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $175,134 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,397,871 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $991,940 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $14,149 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $14,149 | ExpensesNotReportedAmt |
| Expenses Subtotal | $977,791 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $977,791 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | ENDOWMENT FUNDS IN THE MTC FOUNDATION ARE USED TO SUPPORT SCHOLARSHIPS FOR MTC STUDENTS, PROFESSIONAL DEVELOPMENT FUNDS FOR FACULTY AND STAFF, AND SUPPORT THE FOUNDATION'S ANNUAL OPERATING BUDGET. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | RECLASS FOR TAX PREP PURPOSES 14,149 |
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | COLLECTION OF PROCEEDING YEARS PLEDGES 175,134 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | RECLASS FOR TAX PREP PURPOSES 14,149 |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $21,698 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $21,698 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $14,149 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $21,698 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $21,698 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $14,149 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $14,149 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $7,549 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS & GRANTS | GrantTypeTxt |
| Recipient | 101 | RecipientCnt |
| Cash Grant | $238,005 | CashGrantAmt |
| Valuation Method Used | COST | ValuationMethodUsedDesc |
| Non Cash Assistance | SCHOLARSHIPS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION EXISTS TO PROVIDE SUPPORT OF EDUCATIONAL PROGRAMS AT MIDLANDS TECHNICAL COLLEGE. ALL OF THE FOUNDATION'S EXPENDITURES ARE FOR THE OPERATION OF THE FOUNDATION, SCHOLARSHIPS FOR MIDLANDS TECHNICAL COLLEGE STUDENTS, OR OTHER SUPPORT OF MIDLANDS TECHNICAL COLLEGE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RONALD D RHAMES | PersonNm |
| Title | TRUSTEE EMERITUS | TitleTxt |
| Base Compensation Filing Org | $88,900 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $190,588 | CompensationBasedOnRltdOrgsAmt |
| Total Compensation Filing Org | $88,900 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $190,588 | TotalCompensationRltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION PAYS MEMBERSHIP DUES FOR THE CAPITAL CITY CLUB FOR DR. RONALD RHAMES, JACK HOEKSTRA AND TOM A. SCHLITMAN. THE FOUNDATION ALSO PAYS MEMBERSHIP DUES FOR PROFESSIONAL ORGANIZATIONS FOR THE OFFICE OF PHILANTHROPY. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FOUNDATION'S 990 WILL BE PRESENTED TO ALL BOARD MEMBERS AND THE COLLEGE'S ADMINISTRATION, AND IS AVAILABLE FOR PUBLIC REVIEW ON THE FOUNDATION'S WEBSITE - WWW.MTCFOUNDATION.NET/IRS-FORMS |
| FORM 990, PAGE 6, PART VI, LINE 15B | BOTH THE PRESIDENT OF THE COLLEGE AND SENIOR VICE PRESIDENT FOR BUSINESS AFFAIRS RECEIVE COMPENSATION FROM THE FOUNDATION AS VOTED ON BY THE FOUNDATION'S MEMBERS AS BROUGHT FORWARD THROUGH THE FOUNDATION'S BOARD MEETING PROCESS. THE EXECUTIVE COMMITTEE REVIEWS AND FORMALLY APPROVES THE REQUEST, AND THE MOTION IS BROUGHT FORWARD TO THE FULL BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS OF THE MIDLANDS TECHNICAL COLLEGE FOUNDATION ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. RECENT 990'S ARE ALSO POSTED ON THE FOUNDATION'S WEBSITE - WWW.MTCFOUNDATION.NET/IRS-FORMS. RECENT 990'S ARE ALSO AVAILABLE VIA THE THIRD PARTY WEBSITE "GUIDESTAR" |
| FORM 990, PART IX, LINE 11G | OTHER CONTRACTUAL 99,003 507 425 GENERAL SUPPORT 0 0 5,344 EVENTS 0 0 16,020 DIRECT MAILING 0 0 42,839 CAPITAL CAMPAIGN 0 0 46,381 MANAGEMENT CONSULTANTS 0 0 37,668 TOTAL 99,003 507 148,677 |
| FORM 990, PART XI, LINE 9 | RECLASS FOR TAX PREP PURPOSES 14,149 COLLECTION OF PROCEEDING YEARS PLEDGES -175,134 RECLASS FOR TAX PREP PURPOSES -14,149 TOTAL -175,134 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIDLANDS TECHNICAL COLLEGE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 2408 | AddressLine1Txt |
| City | COLUMBIA | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570427758 | EIN |
| Primary Activities | COLLEGE | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Exempt Code Section | 501 | ExemptCodeSectionTxt |
| Public Charity Status | 2 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| MIDLANDS TECHNICAL COLLEGE | ||
| M | $3,000 | CASH |
| MIDLANDS TECHNICAL COLLEGE | ||
| N | $77,597 | FMV |
Comments