2015-05-13T13:32:25-05:00 2014-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2013-07-01 061599388 GOODWIN COLLEGE FOUNDATION INC GOOD 8605284111 ONE RIVERSIDE DRIVE EAST HARTFORD CT 06118 JERRY EMLET VP OF FINANCE AND CFO CHAIRMAN OF THE BOARD 8605284111 2015-05-12 1 JOHN TOSCANO P00358542 9592007000 2013 2016-02-25 16:41:14Z DR ETHAN FOXMAN ONE RIVERSIDE DRIVE EAST HARTFORD CT 06118 3127923 0 X N/A X 2000 CT THE GOODWIN COLLEGE FOUNDATION SUPPORTS THE MISSION OF GOODWIN COLLEGE TO EXTEND EDUCATIONAL OPPORTUNITIES TO UNDERSERVED POPULATIONS BY FUNDRAISING FOR SCHOLARSHIPS AND OTHER INITIATIVES. WITH THE GUIDANCE OF AN INDEPENDENT BOARD OF DIRECTORS, THE FOUNDATION IDENTIFIES KEY STRATEGIC FUNDRAISING GOALS AND CULTIVATES DONORS THROUGH MAJOR GIVING, ANNUAL FUND, AND ALUMNI GIVING CAMPAIGNS. THROUGH A COORDINATED PLAN OF INSTITUTIONAL GIVING AND SCHOLARSHIPS, THE FOUNDATION SUPPORTS EDUCATIONAL ACCESS FOR A WIDE RANGE OF STUDENTS, INCLUDING THE OVER HALF OF GOODWIN STUDENTS WHO ARE FIRST GENERATION COLLEGE STUDENTS. THE FOUNDATION SEEKS TO SUPPORT THOSE STUDENTS WHO HAVE BOTH AN ACUTE FINANCIAL NEED, AND HAVE DEMONSTRATED THE DESIRE TO ACHIEVE ACADEMIC SUCCESS.FUNDS RAISED BY THE FOUNDATION ALSO SUPPORT SPECIFIC INITIATIVES TARGETED AT CLOSING THE EDUCATIONAL ACHIEVEMENT GAP, INCLUDING THE MEN OF VISION IN EDUCATION (MOVE) AND WOMEN INVESTED IN SEEKING EDUCATION (WISE), 12 9 0 0 0 0 2835500 936347 0 0 48925 295700 -49282 -42287 2835143 1189760 0 0 0 0 0 0 22500 0 0 403364 554703 425864 554703 2409279 635057 8272029 9195789 325927 215765 7946102 8980024 X THE GOODWIN COLLEGE FOUNDATION SUPPORTS THE MISSION OF GOODWIN COLLEGE TO EXTEND EDUCATIONAL OPPORTUNITIES TO UNDERSERVED POPULATIONS BY FUNDRAISING FOR SCHOLARSHIPS AND OTHER INITIATIVES. WITH THE GUIDANCE OF AN INDEPENDENT BOARD OF DIRECTORS, THE FOUNDATION IDENTIFIES KEY STRATEGIC FUNDRAISING GOALS AND CULTIVATES DONORS THROUGH MAJOR GIVING, ANNUAL FUND, AND ALUMNI GIVING CAMPAIGNS.THROUGH A COORDINATED PLAN OF INSTITUTIONAL GIVING AND SCHOLARSHIPS, THE FOUNDATION SUPPORTS EDUCATIONAL ACCESS FOR A WIDE RANGE OF STUDENTS, INCLUDING THE OVER HALF OF GOODWIN STUDENTS WHO ARE FIRST GENERATION COLLEGE STUDENTS. THE FOUNDATION SEEKS TO SUPPORT THOSE STUDENTS WHO HAVE BOTH AN ACUTE FINANCIAL NEED, AND HAVE DEMONSTRATED THE DESIRE TO ACHIEVE ACADEMIC SUCCESS.FUNDS RAISED BY THE FOUNDATION ALSO SUPPORT SPECIFIC INITIATIVES TARGETED AT CLOSING THE EDUCATIONAL ACHIEVEMENT GAP, INCLUDING THE MEN OF VISION IN EDUCATION (MOVE) AND WOMEN INVESTED IN SEEKING EDUCATION (WISE). 0 0 418383 THROUGH A COORDINATED PLAN OF INSTITUTIONAL GIVING AND SCHOLARSHIPS, THE FOUNDATION SUPPORTS EDUCATIONAL ACCESS FOR A WIDE RANGE OF STUDENTS, INCLUDING THE OVER HALF OF GOODWIN STUDENTS WHO ARE FIRST GENERATION COLLEGE STUDENTS. THE FOUNDATION SEEKS TO SUPPORT THOSE STUDENTS WHO HAVE BOTH AN ACUTE FINANCIAL NEED, AND HAVE DEMONSTRATED THE DESIRE TO ACHIEVE ACADEMIC SUCCESS.THE GOODWIN COLLEGE FOUNDATION SERVES AS BOTH THE COLLEGES FUNDRAISING ARM FOR CHARITABLE CONTRIBUTIONS AND THE COLLEGES ENDOWMENT. 418383 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 12 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X SHARON DADDONA 8607276903 1 RIVERSIDE DRIVE EAST HARTFORD CT 06118 X DR ETHAN FOXMAN PRESIDENT 0.60 X X 0 0 0 MR MARTIN SHEA SECRETARY 1.80 X X 0 0 0 MRS DIANE L WISHNAFSKI TREASURER 1.80 X X 0 0 0 MR FRANK AMODIO SR MEMBER 2.00 X 0 0 0 MS MICHELE B BUSH ESQ MEMBER 1.80 X 0 0 0 MR JERRY EMLET EX-OFFICIO MEMBER 2.00 X 0 0 0 DR DONNA GALLUZZO MEMBER 0.20 X 0 0 0 MR JEFFREY HOFFMAN MEMBER 0.60 X 0 0 0 MR ALAN LAZOWSKI MEMBER 0.20 X 0 0 0 MS BROOKE PENDERS EX-OFFICIO MEMBER 40.00 X 0 0 0 MR MARK SCHEINBERG EX-OFFICIO MEMBER 2.00 X 0 0 0 MR RUSSELL G WELDON MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 0 121580 814767 117628 936347 181219 181219 1968242 1853761 114481 114481 114481 42115 121580 84402 -42287 -42287 1189760 0 0 253413 3250 3250 66550 66550 1750 1750 2291 1947 344 42448 36081 6367 10087 8574 1513 30864 26234 4630 51359 51359 ALLOCATED COMPENSATION 346104 294188 51916 554703 418383 136320 0 132897 55213 466222 601640 226390 463655 7110 7286 7439410 8067995 8272029 9195789 14588 14044 311339 201721 325927 215765 X 7498081 7926443 183091 307576 264930 746005 7946102 8980024 8272029 9195789 635057 398865 0 X X 0 1 X 1 0 X 427103 1297962 1663663 4713759 936347 9038834 427103 1297962 1663663 4713759 936347 9038834 24728 53674 78402 0 24728 53674 78402 8960432 11169 15405 18667 146058 181219 372518 11169 15405 18667 146058 181219 372518 108465 129463 42115 280043 438272 1313367 1790795 4989280 1159681 9691395 0.92460 0.97330 0.03840 0.02380 X SCHEDULE A PART III: THE 2012 TAX YEAR COLUMN INCLUDES INFORMATION REPORTED ON THE INFORMATION RETURNS FOR THE SHORT YEAR ENDED JUNE 30, 2012 AS WELL AS FOR THE FISCAL YEAR ENDED JUNE 30, 2013, AS BOTH RETURNS REQUIRED THE USE OF 2012 TAX FORMS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7911131 712136 628015 51339 523067 8676876 5313619 2938759 -13024 95250 232973 7911131 3495528 1882369 12515 72550 4243 5313619 2165960 1312276 18667 1375 3495528 855010 1297962 15405 2417 2165960 0.93230 0.03940 0.02830 0 0 0 DUE TO GOODWIN COLLEGE 201721 201721 X 1522075 398865 398865 1123210 66550 66550 1189760 488153 0 488153 66550 66550 554703 PART V, LINE 4: EARNINGS FROM THE ENDOWMENT ARE TO BE USED TO AWARD SCHOLARSHIPS TO FULL AND PART-TIME STUDENTS OF GOODWIN COLLEGE. PART X, LINE 2: THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2014. THE FOUNDATION'S FEDERAL AND STATE TAX FILINGS PRIOR TO FISCAL YEAR 2011 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE FOUNDATION HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. GOLF 121095 90695 30400 25543 7776 14609 4117 CLAMBAKE 30975 21600 9375 16892 600 8010 152070 112295 39775 25543 7776 31501 600 12127 77547 -37772 1 PART I, LINE 2: THE FOUNDATION HAS A SCHOLARSHIP COMMITTEE WHICH ASSESSES POTENTIAL GRANT RECIPIENTS BASED UPON DEMONSTRATED FINANCIAL NEED AND ACADEMIC PROGRESS. X 1 7000 FAIR VALUE X 6626 FAIR VALUE X 1 90724 FAIR VALUE X FOOTBALL TICK 1 13278 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PRESENTED TO THE BOARD FOR ITS REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REVIEWS ITS CONFLICT OF INTEREST POLICY WITH THE BOARD ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION HAS 5 EMPLOYEES WHO ARE PAID BY A RELATED ORGANIZATION. ALL FOUNDATION EMPLOYEES PARTICIPATE IN THE RELATED ORGANIZATION'S EMPLOYEE BENEFITS PROGRAMS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR.