2015-05-15T09:32:09-05:00 2014-06-30 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 462400857 990 2013-07-01 237073977 IVY TECH FOUNDATION INC IVYT 3179214749 50 WEST FALL CREEK PARKWAY NORTH DRIVE INDIANAPOLIS IN 462085752 JOHN MURPHY PRESIDENT 3179214749 2015-05-12 1 SCOTT A SCHUSTER P00019243 3175802000 2015-05-12 2013 2016-02-25 16:41:14Z KEVIN HONIGFORD 50 WEST FALL CREEK PARKWAY NORTH DRIVE INDIANAPOLIS IN 462085752 52426692 0 X WWW.IVYTECH.EDU/GIVING X 1969 IN TO RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY AND TO SOLICIT AND RECEIVE CONTRIBUTIONS AND TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF IVY TECH COMMUNITY COLLEGE. 57 55 0 600 0 0 13062205 24666855 0 0 2248652 2544477 1089873 638042 16400730 27849374 3034755 3337428 0 0 0 0 0 149123 335443 10109056 15554369 13143811 19040920 3256919 8808454 121672966 137155396 28280573 32947456 93392393 104207940 X TO RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY AND TO SOLICIT AND RECEIVE CONTRIBUTIONS AND TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF IVY TECH COMMUNITY COLLEGE. 0 0 2872585 2872585 SOLICITING, RECEIVING, ADMINISTERING AND DISTRIBUTING DONATIONS FOR FINANCIAL AID FOR STUDENTS ATTENDING IVY TECH COMMUNITY COLLEGE. 9160909 449843 60986 HELPING IVY TECH COMMUNITY COLLEGE OF INDIANA WITH ITS NEEDS FOR LAND, FACILITIES, AND EQUIPMENT. 2289843 PROVIDING SUPPORT FOR SPECIAL, INNOVATIVE PROGRAMS OF IVY TECH COMMUNITY COLLEGE OF INDIANA. 3401937 15000 1009215 HELPING FUND OTHER PROGRAM EXPENDITURES FOR IVY TECH COMMUNITY COLLEGE OF INDIANA, INCLUDING FACULTY AND STAFF DEVELOPMENT, EMPLOYEE RECOGNITION, AND COMMUNITY OUTREACH EXPENDITURES 3401937 15000 1009215 17725274 1 1 0 0 0 0 0 1 1 1 1 1 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 0 1 25 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 57 55 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IN X X KEVIN HONIGFORD 3179214749 50 WEST FALL CREEK PARKWAY NORTH INDIANAPOLIS IN 462085752 DAVID FINDLAY CHAIRPERSON 2.00 X X 0 0 0 THOMAS J SNYDER BOARD MEMBER 2.00 38.00 X 0 311238 184424 JOHN M MURPHY PRESIDENT 24.00 16.00 X X 0 176206 43171 MICHAEL M HARMLESS SECRETARY 2.00 X X 0 0 0 PATRICK R RALSTON TREASURER 2.00 X X 0 0 0 KEVIN AHAUS VICE CHAIRMAN 2.00 X X 0 0 0 RONALD K FAUQUHER BOARD MEMBER 2.00 X 0 0 0 TERRY ANKER BOARD MEMBER 2.00 X 0 0 0 JIM AULT BOARD MEMBER 2.00 X 0 0 0 PHILLIP BANE BOARD MEMBER 2.00 X 0 0 0 CATHRYN BRODERICK BOARD MEMBER 2.00 X 0 0 0 MAJOR GENERAL GEORGE A BUSKIRK JR BOARD MEMBER 2.00 X 0 0 0 LORENE BURKHART BOARD MEMBER 2.00 X 0 0 0 STEPHEN M CHAMPLIN BOARD MEMBER 2.00 X 0 0 0 JOHN BROOKS BOARD MEMBER 2.00 X 0 0 0 DONALD BROWN II BOARD MEMBER 2.00 X 0 0 0 QUINN BUCKNER BOARD MEMBER 2.00 X 0 0 0 EDGAR DAVIS BOARD MEMBER 2.00 X 0 0 0 LARRY GARATONI BOARD MEMBER 2.00 X 0 0 0 CHARLES J GARCIA BOARD MEMBER 2.00 X 0 0 0 WILLIAM GOINS BOARD MEMBER 2.00 X 0 0 0 DAVID R GOODMAN JR BOARD MEMBER 2.00 X 0 0 0 WILLIAM GUTZWILLER BOARD MEMBER 2.00 X 0 0 0 MARK HAGERMAN BOARD MEMBER 2.00 X 0 0 0 BRYANT R HANSON BOARD MEMBER 2.00 X 0 0 0 CATHERINE POPP HOFFMAN BOARD MEMBER 2.00 X 0 0 0 J MICHAEL JARVIS BOARD MEMBER 2.00 X 0 0 0 MARK MAASSEL BOARD MEMBER 2.00 X 0 0 0 LEE MARCHANT BOARD MEMBER 2.00 X 0 0 0 JAMES C MARCUCCILLI BOARD MEMBER 2.00 X 0 0 0 JAMES A MERTEN BOARD MEMBER 2.00 X 0 0 0 GREGORY HARBISON BOARD MEMBER 2.00 X 0 0 0 PAT HARRISON BOARD MEMBER 2.00 X 0 0 0 IZABELA OZDEMIR BOARD MEMBER 2.00 X 0 0 0 ALBERT HUNTINGTON BOARD MEMBER 2.00 X 0 0 0 PAUL PERKINS BOARD MEMBER 2.00 X 0 0 0 LU B PORTER BOARD MEMBER 2.00 X 0 0 0 MAMON POWERS III BOARD MEMBER 2.00 X 0 0 0 WILLIAM RITZMANN BOARD MEMBER 2.00 X 0 0 0 MICHAEL LUNSFORD BOARD MEMBER 2.00 X 0 0 0 STEVE SCHRECKENGAST BOARD MEMBER 2.00 X 0 0 0 AH SCHUMAKER II BOARD MEMBER 2.00 X 0 0 0 STEPHEN R STEIN BOARD MEMBER 2.00 X 0 0 0 GREGG A THARP BOARD MEMBER 2.00 X 0 0 0 JAMES ORBIK BOARD MEMBER 2.00 X 0 0 0 GREG RANGER BOARD MEMBER 2.00 X 0 0 0 GERALD A RICHARDSON BOARD MEMBER 2.00 X 0 0 0 PHILIP ROBY BOARD MEMBER 2.00 X 0 0 0 THOMAS TRAURING BOARD MEMBER 2.00 X 0 0 0 RICHARD L VONDERHAAR BOARD MEMBER 2.00 X 0 0 0 DARELL ZINK JR BOARD MEMBER 2.00 X 0 0 0 TERRY BOWEN BOARD MEMBER 2.00 X 0 0 0 JESSE BRAND BOARD MEMBER 2.00 X 0 0 0 ANTHONY MORAVEC BOARD MEMBER 2.00 X 0 0 0 HOLLY HILTON D'AMOUR BOARD MEMBER 2.00 X 0 0 0 WILLIAM DOTY BOARD MEMBER 2.00 X 0 0 0 CONNIE FERGUSON BOARD MEMBER 2.00 X 0 0 0 JEFFREY A TERP SR. VP, ENGAGEMENT AND INS 2.00 38.00 X 0 214596 92453 JOYCE Q ROGERS VP FOR DEVELOPMENT 24.00 16.00 X 0 212278 35858 CHRISTOPHER RUHL ASSISTANT TREASURER 2.00 38.00 X 0 239663 64524 PERRY HAMMOCK ASSISTANT SECRETARY 24.00 16.00 X 0 102790 48833 KEVIN HONIGFORD ASSISTANT TREASURER 24.00 16.00 X 0 139650 21290 0 1396421 490553 0 0 1 0 0 1567512 23099343 4461482 24666855 1421981 1421981 69147 69147 3474952 3375831 99121 99121 60986 38135 20982859 449613 19921644 388332 1061215 61281 1122496 1122496 352070 1567512 891511 -539441 -539441 VENDING INCOME 900099 984583 984583 OTHER 900099 24632 24632 1009215 27849374 1070201 0 2112318 464843 464843 2872585 2872585 57440 57440 149123 149123 108652 108652 31218 31218 13188 3402 9418 368 114193 114193 19474 14179 3564 1731 7413 7413 91579 77358 7873 6348 907404 907404 74515 74515 BUILDING IMPROVEMENTS 6164419 6164419 IN-KIND EXPENSES 2546647 2546647 SPECIAL PROGRAMS 2289843 2289843 OUTREACH PROGRAM EXPENS 1366020 1366020 1762364 1011161 679063 72140 19040920 17725274 980203 335443 3338 3338 5199287 6796693 10572426 13541774 702379 964603 52468897 7734496 45558912 44734401 30178366 33463534 5940962 11830050 23517296 25821003 121672966 137155396 1038892 1955827 1788304 4959108 860846 810865 19571981 20683188 4680326 4199303 340224 339165 28280573 32947456 X 9552787 10861019 58409035 67011514 25430571 26335407 93392393 104207940 121672966 137155396 X 8808454 2159826 -152733 X X 0 1 X 1 0 X 17570689 33248339 12863608 13062205 24666855 101411696 17570689 33248339 12863608 13062205 24666855 101411696 29739690 71672006 2370562 3111963 3171676 5093089 4966080 18713370 120125066 5071239 0.59660 0.58940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 82970 X X USE IN ART EDUCATION 0 0 1 X 26075792 826173 3608105 1017829 174179 29318062 23211845 1621229 2330489 1087771 26075792 22273850 1921312 51679 1034996 23211845 19385710 760975 3127216 1000051 22273850 16451992 1321814 1689849 77945 19385710 0.00000 0.88140 0.11860 1 0 13308934 13308934 38575835 7395843 31179992 584128 338653 245475 44734401 CERTIFICATES OF DEPOSIT 6903636 F HEDGE FUNDS 3120819 F STRUCTURED PRODUCTS 593548 F BENEFICIAL INTEREST IN TRUSTS 1212047 F 11830050 LOAN RECEIVABLE 23510509 INVESTMENT IN CEI 5496 INVESTMENT IN RE JOINT VENTURES 1496243 DONATED PROPERTY HELD IN TRUST 808755 25821003 ANNUITIES PAYABLE 91381 INTEREST RATE SWAP LIABILITY 247784 339165 X 33244610 2159826 3374457 5534283 27710327 108652 30395 139047 27849374 23988042 5086169 5086169 18901873 108652 30395 139047 19040920 PART III, LINE 4: COLLECTION CONSISTS OF 50 PIECES OF ARTWORK IN LAFAYETTE REGION, FOR ONE OR MORE OF THE FOLLOWING PURPOSES: 1) FURTHERANCE OF IVY TECH ART PROGRAM, 2) TEACHING ART TO THE ART STUDENTS 3) DISPLAY AS PART OF ITS ART COLLECTIONS. PART IV, LINE 2B: THE FOUNDATION SERVES AS THE FISCAL AGENT FOR CASH AND PLEDGES RECEIVED FOR INTERSECTION CONNECTION, A JOINT VENTURE BETWEEN THE IVY TECH FOUNDATION AND TWO OTHER UNRELATED NOT-FOR-PROFIT ORGANIZATIONS. THE EXPENDITURE OF THE FUNDS IS SUBJECT TO THE APPROVAL OF THE COORDINATING COMMITTEE ESTABLISHED UNDER THE AGREEMENT, WHICH INCLUDES REPRESENTATIVES FROM ALL THREE PARTIES. PART V, LINE 4: THE ENDOWMENT FUNDS ARE UTILIZED TO ASSIST THE MISSION OF IVY TECH COMMUNITY COLLEGE. MOST FUNDS PROVIDE SCHOLARSHIPS FOR STUDENTS ATTENDING THE COLLEGE. THE REMAINDER OF THE FUNDS PROVIDE PROGRAMS, FACILITIES, SUPPLIES AND EQUIPMENT TO THE COLLEGE. THE FOUNDATION'S POLICY IS TO ANNUALLY DISTRIBUTE 5% OF THE ENDOWMENT'S ASSET VALUE. PART X, LINE 2: IVY TECH FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). CEP IS A SINGLE MEMBER, MEMBER MANAGED LIMITED LIABILITY COMPANY THAT IS TREATED AS A DISREGARDED ENTITY FOR FEDERAL AND STATE INCOME TAX PURPOSES, AND THUS IS ALSO EXEMPT TOGETHER WITH IVY TECH FOUNDATION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THESE ENTITIES. IN ADDITION, IVY TECH FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2014 AND 2013. THE FOUNDATION FILES U.S. FEDERAL AND STATE OF INDIANA TAX AND INFORMATIONAL RETURNS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED JUNE 30, 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 3,375,831. INCOME OF SUBSIDIARIES 1,561. LOSS ON INTEREST RATE SWAP -2,935. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES 30,395. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 3,375,831. EXPENSES OF SUBSIDIARIES 1,713,273. LOSS FROM INTEREST RATE SWAP -2,935. PART XII, LINE 4B - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES 30,395. X X X X X X X 1 DONOR BY DESIGN LLC 725 W GILBERT ROAD PALATINE IL 60067 CAPITAL CAMPAIGN CONSULTING 0 3355894 11439 3344455 TEMON CONSULTING 8582 BROWER LAKE RD NE ROCKFORD MI 49341 CAPITAL CAMPAIGN CONSULTING 0 308588 40500 268088 RUFFALO CODY LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 ANNUAL FUNDRAISER CONSULTING 0 5607 46201 -40594 ARMISTEAD GROUP INC 907 LITERARY CIRCLE LEXINGTON KY 40513 CAPITAL CAMPAIGN CONSULTING 0 0 17115 -17115 JOHNSON GROSSNICKLE & ASSOC 29 S PARK BLVD GREENWOOD IL 46143 CAPITAL CAMPAIGN CONSULTING 0 0 33868 -33868 3670089 149123 3520966 IN 50TH ANNIVERSARY 968815 894475 74340 380919 THIS IS IT 124868 116618 8250 41722 26 825899 556419 269480 468870 1919582 1567512 352070 891511 891511 -539441 1 IVY TECH COMMUNITY COLLEGE OF INDIANA 50 W FALL CREEK PARKWAY N DRIVE INDIANAPOLIS IN 46208 351180631 STATE OF INDIANA 449843 APPRAISAL LAND AND BUILDINGS TO FURTHER THE EDUCATIONAL MISSION OF IVY TECH COMMUNITY COLLEGE OF INDIANA. GREATER KOKOMO ECONOMIC DEVELOPMENT ALLIANCE 700 E FIRMIN ST SUITE 200 KOKOMO IN 46902 351499686 501(C)(3) 10000 TO FURTHER THE EDUCATIONAL MISSION OF IVY TECH COMMUNITY COLLEGE OF INDIANA. NEAR NORTH DEVELOPMENT CORP 1433 N MERIDIAN ST INDIANAPOLIS IN 46202 351427889 501(C)(3) 5000 TO FURTHER THE EDUCATIONAL MISSION OF IVY TECH COMMUNITY COLLEGE OF INDIANA. 3 0 SCHOLARSHIPS 3438 2872585 PART I, LINE 2: GRANT ALLOCATIONS ARE DIRECTLY GIVEN TO IVY TECH COMMUNITY COLLEGE. THE COLLEGE AWARDS SCHOLARSHIPS BASED ON PRE-SET CRITERIA AND MONITORS THE USE OF THE GRANT MONEY. THE FOUNDATION ALSO PROVIDES GRANTS TO OTHER ORGANIZATIONS TO FURTHER THE EDUCATION MISSION OF IVY TECH COMMUNITY COLLEGE. THESE GRANTS ARE MONITORED ON A CASE-BY-CASE BASIS. X X 1 1 X X 0 0 0 0 0 0 0 0 0 THOMAS J SNYDER BOARD MEMBER 0 299924 0 0 0 11314 0 0 0 184424 0 495662 0 0 JOHN M MURPHY PRESIDENT 0 162946 0 0 0 13260 0 7391 0 35780 0 219377 0 0 JEFFREY A TERP SR. VP, ENGAGEMENT AND INS 0 177451 0 0 0 37145 0 45412 0 47041 0 307049 0 0 JOYCE Q ROGERS VP FOR DEVELOPMENT 0 167036 0 0 0 45242 0 0 0 35858 0 248136 0 0 CHRISTOPHER RUHL ASSISTANT TREASURER 0 206603 0 0 0 33060 0 12000 0 52524 0 304187 0 0 PERRY HAMMOCK ASSISTANT SECRETARY 0 98317 0 0 0 4473 0 24000 0 24833 0 151623 0 0 KEVIN HONIGFORD ASSISTANT TREASURER 0 137682 0 0 0 1968 0 0 0 21290 0 160940 0 0 PART I, LINE 1A ON A PRE-APPROVED BASIS, CERTAIN IVY TECH COMMUNITY COLLEGE EMPLOYEES ARE PROVIDED SOCIAL CLUB MEMBERSHIPS TO ACCOMMODATE BUSINESS NEEDS RELATED TO COLLEGE FUNCTIONS OR COMMUNITY OUTREACH. THE SOCIAL CLUB MEMBERSHIP DUES ARE PAID BY THE IVY TECH FOUNDATION. ANY PERSONAL USE OF SOCIAL CLUB MEMBERSHIPS IS A TAXABLE FRINGE BENEFIT AND IS INCLUDED IN THE TAXABLE WAGES OF EMPLOYEES RECEIVING THE BENEFIT. ADDITIONALLY, PAY IS INCREASED/GROSSED UP TO COMPENSATE EMPLOYEES FOR THE ESTIMATED TAXES OWED AS A RESULT OF ANY DERIVED TAXABLE INCOME. A OLD NATIONAL BANK 351729164 2010-04-30 2270118 PURCHASE REAL ESTATE USED BY IVY TECH 0 0 0 B RIVER VALLEY FINANCIAL BANK 350281620 2011-12-09 1377520 PURCHASE REAL ESTATE USED BY IVY TECH 0 0 0 C OLD NATIONAL BANK 351729164 2012-06-19 1833253 PURCHASE REAL ESTATE USED BY IVY TECH 0 0 0 D OLD NATIONAL BANK 351729164 2012-08-30 4261096 PURCHASE REAL ESTATE USED BY IVY TECH 0 0 0 A 2270118 2270118 2010 0 1 1 1 B 1377520 42480 1377520 2011 0 1 1 1 C 1833253 37605 1833253 2011 0 1 1 1 D 4261096 38904 4261096 2012 0 1 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 DONALD G THOMAS BOARD MEMBER PURCHASE OF LAND AND BUILDING; REFINANCE REAL ESTATE X 1167606 810865 0 1 1 810865 X 7 17305 APPRAISALS/FMV X 7573 FMV X 12528 FMV X 19 427536 FMV X 7 1410600 FMV X 20 247124 STOCK EXCHANGE PRICE X 1 1496243 FMV X 1 127516 APPRAISAL X 1 15000 APPRAISAL X 6 75458 FMV X EQUIPMENT 34 462056 FAIR MARKET VALUE X GIFT CARDS, M 251 156843 FAIR MARKET VALUE X JEWELRY 3 5700 FAIR MARKET VALUE 1 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF FORM 990 WILL FIRST BE THOROUGHLY REVIEWED BY THE AUDIT AND ADMINISTRATIVE POLICIES COMMITTEE. ANY APPROPRIATE REVISIONS WILL BE MADE AND THEN THE UPDATED FORM 990 WILL BE SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW AND COMMENTS. AGAIN, ANY APPROPRIATE REVISIONS WILL BE MADE BEFORE FILING. IF SUBSTANTIAL REVISIONS ARE NEEDED, THE FORM 990 WILL BE CIRCULATED A SECOND TIME TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY INCLUDES A FORM TO BE COMPLETED AND SUBMITTED ANNUALLY. THE FORM REQUIRES INFORMATION REGARDING EACH RECIPIENTS FINANCIAL INTERESTS AND EMPLOYMENT. THE CONTENT OF EACH FORM IS REVIEWED BY THE ASSISTANT TREASURER TO ASSESS ANY POTENTIAL CONFLICTS OF INTEREST. IF CONFLICTS OF INTEREST EXIST, THE POLICY PROVIDES THE PROCEDURAL GUIDELINES. FORM 990, PART VI, SECTION B, LINE 15 THE IVY TECH FOUNDATION HAS NO EMPLOYEES. THE FOUNDATION CONTRACTS WITH IVY TECH COMMUNITY COLLEGE FOR SERVICES PERFORMED BY COLLEGE EMPLOYEES THAT BENEFIT THE FOUNDATION. COLLEGE SALARIES ARE ESTABLISHED BASED UPON COMPARATIVE SALARY ANALYSIS OF COLLEGE EMPLOYEES IN COMPARABLE POSITIONS, CONSIDERATION OF ECONOMIES OF SCALE, INPUT FROM HUMAN RESOURCES AND FINAL APPROVAL OF APPROPRIATE COLLEGE OFFICER. FORM 990, PART VI, SECTION C, LINE 18 THE IVY TECH FOUNDATION ONLY FILES FORM 990 AND MAKES IT AVAILABLE TO THE PUBLIC AS FOLLOWS: 1) IVY TECH COMMUNITY COLLEGE'S WEBSITE, 2) IVY TECH FOUNDATION'S CENTRAL OFFICE LOCATION IN INDIANAPOLIS, IN AND 3) UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AS FOLLOWS: 1) IVY TECH COMMUNITY COLLEGE'S WEBSITE, 2) INCLUSION WITHIN IVY TECH COMMUNITY COLLEGE'S ANNUAL FINANCIAL REPORT, WHICH IS AVAILABLE TO THE PUBLIC AND 3) UPON REQUEST. FORM 990, PART XI, LINE 9: SUBSIDIARIES LOSS -1,291. TRANSFER OF CAPITAL TO SUBSIDIARY -151,442. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. COMMUNITY ENTERPRISES PROPERTIES LLC 50 W FALL CREEK PARKWAY N DRIVE INDIANAPOLIS IN 46208 271333852 REAL ESTATE HOLDING IN 2242297 28579661 IVY TECH FOUNDATION INC IVY TECH COMMUNITY COLLEGE OF INDIANA 50 W FALL CREEK PARKWAY N DRIVE INDIANAPOLIS IN 46208 351180631 POST-SECONDARY EDUCATION IN N/A 0 IVY TECH PROPERTIES INC 50 W FALL CREEK PARKWAY NORTH DRIVE INDIANAPOLIS IN 46208 454551412 ACQUIRE,OWN AND REDEVELOP PROPERTY FOR THE BENEFIT OF IVY TECH COMMUNITY COL IN 501(C)(2) IVY TECH FOUNDATION INC 0 COMMUNITY ENTERPRISES INC 50 W FALL CREEK PARKWAY N DRIVE INDIANAPOLIS IN 46208 943447601 INVESTMENTS IN C 9 9366 1.00000 0 0 1 0 1 0 0 1 0 0 1 1 0 0 1 1 0 0 1 0 IVY TECH COMMUNITY COLLEGE OF INDIANA - SCHOLARSHIPS B 2872585 CASH IVY TECH COMMUNITY COLLEGE OF INDIANA - LANDBLDG GRANT B 449843 APPRAISAL IVY TECH COMMUNITY COLLEGE OF INDIANA O 650000 FMV IVY TECH COMMUNITY COLLEGE OF INDIANA - RENT J 2138135 FMV IVY TECH COMMUNITY COLLEGE OF INDIANA R 2289843 FMV IVY TECH COMMUNITY COLLEGE OF INDIANA G 449613 FMV IVY TECH PROPERTIES INC D 32051325 FMV IVY TECH PROPERTIES INC D 518490 FMV IVY TECH PROPERTIES INC (RENTAL INCOME) K 566442 FMV IVY TECH PROPERTIES INC B 151442 CASH IVY TECH COMMUNITY COLLEGE OF INDIANA D 294051 FMV COMMUNITY ENTERPRISES INC D 3870 FMV