2016-12-06T11:01:32-05:00 2016-06-30 200427530 RIVES & ASSOCIATES LLP 4515 FALLS OF NEUSE ROAD SUITE 450 RALEIGH NC 27609 990 2015-07-01 581663605 JOHNSTON COMMUNITY COLLEGE FOUNDATION JOHN 9192092119 PO BOX 2350 SMITHFIELD NC 27577 DR TWYLA WELLS EXECUTIVE DIRECTOR 9192092119 2016-11-07 true THOMAS B CORNWELL CPA P00901347 9198326848 2016-12-02 2015 2017-02-10 21:41:12Z DR TWYLA WELLS 245 COLLEGE ROAD SMITHFIELD NC 27577 8491308 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. 30 30 0 32 0 629520 1216532 0 668159 -11859 17046 9860 1314725 1214533 410024 751570 0 0 0 41682 121457 151537 531481 903107 783244 311426 7390035 7604898 990 2696 7389045 7602202 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 776239 751570 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. 776239 true true false false false false false false false true true false false false false 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 3 0 true 0 false false false false false true true false false false false false false X 30 30 false false false false false false false true true false false true true false true true true false false false X JENNIFER C DRIVER 9192092198 245 COLLEGE ROAD SMITHFIELD NC 27577 SCOTT PARISH PRESIDENT 2.00 X X 0 0 0 BARRY PARTLO PRESIDENT EL 1.00 X X 0 0 0 JODY MCLEOD IMMEDIATE PA 1.00 X 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 DEB PATTISON CHAIR 1.00 X 0 0 0 DONNA STEELE CHAIR 1.00 X 0 0 0 TIM STEVENS CHAIR 1.00 X 0 0 0 NATHAN ARNN MEMBER 1.00 X 0 0 0 JEAN BARNES MEMBER 1.00 X 0 0 0 KEVIN BARNES MEMBER 1.00 X 0 0 0 STEVE BRYANT MEMBER 1.00 X 0 0 0 BOO CARVER MEMBER 1.00 X 0 0 0 SARAI DANIELS MEMBER 1.00 X 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 LESLIE HOLSTON MEMBER 1.00 X 0 0 0 DR ERIC JANIS MEMBER 1.00 X 0 0 0 CHRISTINA JONES MEMBER 1.00 X 0 0 0 PATRICIA JONES MEMBER 1.00 X 0 0 0 BRIAN LIGHT MEMBER 1.00 X 0 0 0 JIMMY LITTLE 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 JEFF POPE MEMBER 1.00 X 0 0 0 LYNN RAGSDALE MEMBER 1.00 X 0 0 0 JENNY STEWART 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 71301 9140 DR DARRYL MCGRAW TREASURER 2.00 X 0 0 0 71301 9140 false false false 57859 1158673 901398 1216532 132117 132117 7092768 7236744 -143976 -143976 -143976 37721 57859 29866 7855 7855 12170 10165 2005 2005 1214533 -1999 734701 734701 16869 16869 15090 1257 9072 4761 29548 29548 10010 834 6018 3158 20670 11553 490 8627 21978 2602 12904 6472 27441 3394 15606 8441 1392 478 914 9870 3389 6481 5050 5050 OTHER COSTS 6335 1162 5173 MEMBERSHIP DUES 4153 4153 903107 776239 85186 41682 1325415 1416199 142897 134400 5381 5937 793940 5824 793166 788116 5123176 5260246 7390035 7604898 990 2696 990 2696 X 173230 120862 2435046 2358792 4780769 5122548 7389045 7602202 7390035 7604898 311426 -97453 -816 X X false true X true false X 569276 871587 898232 629520 1216532 4185147 267540 295826 563366 569276 871587 898232 897060 1512358 4748513 1135051 3613462 106977 98215 75147 122761 132117 535217 10239 13482 18747 17046 49891 109405 5393135 0.67000 0.73650 X PART II, LINE 10 OTHER INCOME 59,514 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 4249764 448122 249643 169013 17757 4760759 0.23570 0.76430 true false 365900 365900 412890 412890 15150 5824 9326 788116 X 1423389 -97453 295826 40031 238404 1184985 29548 29548 1214533 1210232 295826 40847 336673 873559 29548 29548 903107 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 29,866 GAMING DIRECT EXPENSES 10,165 SCHEDULE D, PAGE 4, PART XII, LINE 2D RETURNED GRANT 816 FUNDRAISING DIRECT EXPENSES 29,866 GAMING DIRECT EXPENSES 10,165 GOLF TOURNAMENT 40790 25584 15206 1000 3450 2400 208 2236 8478 SPRING FUNDRAIS 30025 24875 5150 950 3284 2714 1 24765 7400 17365 1350 1176 2434 186 95580 57859 37721 1000 4800 4526 5926 2236 11378 29866 7855 true JOHNSTON COMMUNITY COLLEGE 245 COLLEGE ROAD SMITHFIELD NC 27577 560937578 716617 18084 BOOK MATERIALS SEE PART IV 1 SCHOLARSHIPS AND AWARDS 35 8869 INNOVATION GRANTS 4 8000 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: 50,000 WAS AWARDED TO JOHNSTON COMMUNITY COLLEGE FOR INSTITUTIONAL SUPPORT. 160,583 WAS AWARDED TO JOHNSTON COMMUNITY COLLEGE TO AWARD SCHOLARSHIPS TO STUDENTS. 250,000 WAS AWARDED TOWARDS THE CLOSE QUARTERS SHOOT HOUSE PROJECT. AN ADDITIONAL 250,000 WAS AWARDED TOWARDS THE BURN FACILITY PROJECT THE REMAINING 6,034 WAS AWARDED TO JOHNSTON COMMUNITY COLLEGE FOR MISCELLANEOUS GRANTS AND PROGRAM EXPENSES. X 3 800204 SELLING PRICE X EQUIPMENT 4 96507 FAIR MARKET VALUE X GIFT CARDS, ETC 11 4687 FAIR MARKET VALUE 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 29,866 GAMING DIRECT EXPENSES 10,165 RETURNED GRANT -816 FUNDRAISING DIRECT EXPENSES -29,866 GAMING DIRECT EXPENSES -10,165 TOTAL -816 FORM 990, PAGE 12, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.