2016-05-16T07:56:48-05:00 2015-06-30 383635706 REHMANN ROBSON LLC 675 ROBINSON RD JACKSON MI 49203 990 2014-07-01 382468643 JACKSON COMMUNITY COLLEGE FOUNDATION DBA JACKSON COLLEGE FOUNDATION JACK 5177870244 3000 BLAKE ROAD JACKSON MI 49201 JASON H VALENTE PRESIDENT 5177870244 2016-05-13 1 KERRY J NELSON CPA P00932757 5177876503 2016-05-13 2014 2016-08-17 19:52:53Z JASON H VALENTE 3000 BLAKE ROAD JACKSON MI 49201 6962056 0 X WWW.JCCMI.EDU/FOUNDATION X 1983 MI THE FOUNDATION IS ORGANIZED FOR THE BENEFIT OF THE EDUCATIONAL, LITERARY AND SCIENTIFIC ACTIVITIES OF JACKSON COLLEGE. 16 12 0 25 0 0 392817 700085 0 0 257779 340777 174672 180765 825268 1221627 983894 408081 0 0 0 0 0 0 137855 467469 511491 1451363 919572 -626095 302055 13170165 13378901 192749 402374 12977416 12976527 X TO SUPPORT THE COMPREHENSIVE MISSION OF JACKSON COLLEGE BY PROVIDING THE ADDITIONAL RESOURCES NECESSARY TO ENSURE SUCCESS. THE FOUNDATION WILL ENHANCE THE COLLEGE'S IMAGE WITHIN THE COMMUNITY, BROADEN ITS BASE OF SUPPORT, COMMUNICATE TO THE PUBLIC ITS RESPONSIVENESS TO LOCAL NEEDS AND PROVIDE THE COLLEGE WITH A MEASURE OF EXCELLENCE FOR ITS EDUCATIONAL PROGRAMS AND SERVICES. JACKSON COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION WHOSE MISSION IS TO ASSIST LEARNERS IN IDENTIFYING AND REACHING THEIR EDUCATIONAL GOALS. 0 0 343945 343945 THE FOUNDATION ALLOCATES FUNDS TO JACKSON COLLEGE FOR THE PURPOSE OF AWARDING SCHOLARSHIPS AND FURTHERING ITS EDUCATIONAL PURPOSE 64136 64136 DISTRIBUTION OF ENDOWMENT TO DAHLEM CONSERVANCY 408081 1 1 0 0 0 1 0 0 0 1 0 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 16 12 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X DARRELL NORRIS 5179901312 2111 EMMONS ROAD JACKSON MI 49201 RICK MARTOIA CHAIRMAN 1.00 X X 0 0 0 ZOE WILCOX IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 HON CHARLES NELSON VICE CHAIR 1.00 X 0 0 0 JASON COVALLE SECRETARY 1.00 X X 0 0 0 VALERIE SCHUETTE TREASURER 1.00 X X 0 0 0 LAWRENCE BULLEN DIRECTOR EMERITUS 1.00 X 0 0 0 FRANK DICK DIRECTOR EMERITUS 1.00 X 0 0 0 RICHARD DODGE DIRECTOR EMERITUS 1.00 X 0 0 0 GEORGE POTTER DIRECTOR EMERITUS 1.00 X 0 0 0 HON SUSAN BEEBE DIRECTOR 1.00 X 0 0 0 JOHN CRIST DIRECTOR 1.00 X 0 0 0 DALE DOPP DIRECTOR/CFO JACKSON COLLEGE 1.00 40.00 X 0 0 0 DONNA LAKE DIRECTOR 1.00 X 0 0 0 SHEILA PATTERSON DIRECTOR 1.00 X 0 0 0 DANIEL PHELAN DIRECTOR/PRESIDENT, JACKSON COLLEGE 1.00 40.00 X 0 0 0 ANITA-MARIA QUILLEN DIRECTOR 1.00 X 0 0 0 REBEKAH WOODS DIRECTOR 1.00 X 0 0 0 PHILIP MOILANEN LEGAL COUNSEL 1.00 X 0 0 0 LELAND BASSETT DIRECTOR 1.00 X 0 0 0 JASON VALENTE PRESIDENT 40.00 1.00 X 0 98196 37934 0 98196 37934 0 0 0 0 0 24577 675508 700085 386238 386238 150000 0 150000 150000 150000 5670644 5716105 -45461 -45461 -45461 41042 24577 24324 16718 16718 MISCELLANEOUS 900099 14047 14047 14047 1221627 504824 0 16718 408081 408081 230450 172838 57612 1500 1500 72453 54340 18113 22099 16574 5525 3858 2893 965 595 446 149 2364 1773 591 17627 13220 4407 745 559 186 CONTRACTUAL DEVELOPMENT 74309 55732 18577 MISCELLANEOUS 35210 26408 8802 STAFF PROFESSIONAL DEVE 23787 17840 5947 MAJOR GIFTS CAMPAIGN EX 13810 13810 12684 9513 3171 919572 408081 373636 137855 129411 94465 110475 37121 17115 933 0 8837139 8638996 3660867 3911867 394219 716458 13170165 13378901 192749 277037 0 125337 192749 402374 X 948673 834802 2549740 2147882 9479003 9993843 12977416 12976527 13170165 13378901 X 302055 -193119 -109825 X X 0 1 X 1 0 X X 1 JACKSON COLLEGE 381795703 2 1 343945 0 1 343945 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 100615 104141 1 1 10923855 202890 62106 332063 205873 10650915 9858858 88035 1504133 341616 195555 10923855 8128635 1134845 1147146 366659 185109 9858858 8462813 80305 71992 329945 156530 8128635 6083253 1163701 1484021 139700 128462 8462813 0.85710 0.14290 0 0 0 FEDERAL 323282 F REAL ESTATE HELD FOR INVESTMENT 3065428 C SHORT-TERM FUNDS 183311 F MUNICIPAL FUNDS 339846 F 3911867 BENEFICIAL INTERESTS IN REMAINDER TRUSTS 635458 CASH SURRENDER VALUE OF LIFE INSURANCE 81000 716458 ANNUITIES PAYABLE 125337 125337 X 980378 -193119 24324 -168795 1149173 72454 72454 1221627 871442 24324 24324 847118 72454 72454 919572 PART X, LINE 2: THE FOUNDATION OPERATES AS A NONPROFIT CORPORATION AND HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE. ALTHOUGH THE FOUNDATION WAS GRANTED INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS TAXABLE INCOME." THE FOUNDATION ANALYZES ITS FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AS WELL AS ALL OPEN TAX YEARS (2011 THROUGH 2014) IN THESE JURISDICTIONS. THE FOUNDATION ALSO TREATS INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, AND REFLECTS ANY CHARGES FOR SUCH, TO THE EXTENT THEY ARISE, AS A COMPONENT OF ITS MANAGEMENT AND GENERAL EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 24,324. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 24,324. FEAST FOR KNOWLEDGE 30150 17216 12934 430 877 1021 SPORTSMAN BANQUET 35469 7361 28108 13316 1010 4497 3173 65619 24577 41042 13746 1010 5374 4194 24324 16718 0 JACKSON COLLEGE 2111 EMMONS ROAD JACKSON MI 49201 381795703 170(C)(01) 343945 TO FURTHER ITS EDUCATIONAL MISSION DAHLEM CONSERVANCY 7117 S JACKSON RD JACKSON MI 49201 412155768 501(C)(3) 64136 DISTRIBUTION OF ENDOWMENT FUND EARNINGS JASON R COVALLE SECRETARY OF BOARD OF DIRECTORS IS PRESIDENT OF THE ARCHTECTURAL FIRM 77483 ARCHITECTURAL SERVICES 0 X 4 72271 MEAN MARKET VALUE 0 1 1 PART I, LINE 32B: THE FOUNDATION REQUIRES MARKETABLE SECURITIES TO BE TRANSFERED TO THEIR ACCOUNT WITH WELLS FARGO ADVISORS. WELLS FARGO ADVISORS DETERMINE THE MEAN VALUE OF THE SECURITIES AS OF THE DAY THEY ARE RECEIVED IN THE ACCOUNT AND IMMEDIATELY CONVERT THE SHARES TO CASH. THIS PROCESS ELIMINATES ANY GENERATION OF INCOME FROM THE SECURITIES. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS: THE JACKSON COLLEGE BOARD OF TRUSTEES MUST RATIFY ANY NEW BOARD MEMBERS APPOINTED BY THE JACKSON COLLEGE FOUNDATION BOARD OF DIRECTORS. ALSO, JACKSON COLLEGE BOARD OF TRUSTEES MUST RATIFY ANY BY-LAW CHANGES OR AMENDMENTS RECOMMENDED BY THE JACKSON COLLEGE FOUNDATION BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY MANAGEMENT, AND A FINAL COPY IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT AND ANY POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFERS/CHANGES IN VALUES OF INTEREST IN REMAINDER TRUSTS/ANNUITIES -109,825. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. JACKSON COLLEGE 2111 EMMONS ROAD JACKSON MI 49201 381795703 HIGHER EDUCATION MI 501(C)(3) 0 JACKSON COLLEGE DORMATORIES 2111 EMMONS ROAD JACKSON MI 49201 472322963 STUDENT HOUSING MI 501(C)(3) 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 JACKSON COLLEGE B 343945 FMV JACKSON COLLEGE J 150000 FMV JACKSON COLLEGE O 431612 FMV