SAMPSON COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SAMPSON COMMUNITY COLLEGE FOUNDATION INC (EIN 57-0834646)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-02-26
IRS object ID
202500579349300850
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-02-26T06:17:53-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN844233121PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SHARPE PATEL CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15510 SIX FORKS ROAD SUITE 140AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27609ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN570834646EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SAMPSON COMMUNITY COLLEGE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSAMPBusinessNameControlTxt
Phone9105928081PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 588AddressLine1Txt
CityCLINTONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28329ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKENDALL TYSONPersonNm
Person TitleSECOND VICE PRESIDENTPersonTitleTxt
Phone9105928081PhoneNum
Signature2025-02-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonREBECCA FISHERPreparerPersonNm
PTINP01690017PTIN
Phone7044993893PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKENDALL TYSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 588AddressLine1Txt
CityCLINTONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28329ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,440,862GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressSAMPSONCC.EDU/ABOUT-US/FOUNDATION/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION'S MISSION IS TO FUND EDUCATIONAL PROGRAMS OF THE COLLEGE, PROMOTE THE COLLEGE, AND PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS.ActivityOrMissionDesc
Voting Members Governing Body33VotingMembersGoverningBodyCnt
Voting Members Independent33VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers80TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,639,141PYContributionsGrantsAmt
CY Contributions Grants$412,072CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$110,254PYInvestmentIncomeAmt
CY Investment Income$172,314CYInvestmentIncomeAmt
PY Other Revenue$24,393PYOtherRevenueAmt
CY Other Revenue$20,284CYOtherRevenueAmt
PY Total Revenue$1,773,788PYTotalRevenueAmt
CY Total Revenue$604,670CYTotalRevenueAmt
PY Grants And Similar Paid$1,436,726PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$332,160CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,484CYTotalFundraisingExpenseAmt
PY Other Expenses$23,716PYOtherExpensesAmt
CY Other Expenses$48,140CYOtherExpensesAmt
PY Total Expenses$1,460,442PYTotalExpensesAmt
CY Total Expenses$380,300CYTotalExpensesAmt
PY Revenues Less Expenses$313,346PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$224,370CYRevenuesLessExpensesAmt
Total Assets BOY$4,644,810TotalAssetsBOYAmt
Total Assets EOY$5,298,742TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,644,810NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,298,742NetAssetsOrFundBalancesEOYAmt
MissionTHE FOUNDATION'S MISSION IS TO FUND EDUCATIONAL PROGRAMS OF THE COLLEGE, PROMOTE THE COLLEGE, AND PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$9,059ExpenseAmt
DescFUNDED VARIOUS EDUCATIONAL PROGRAMS AT THE COLLEGEDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$332,160ExpenseAmt
Grant$332,160GrantAmt
DescFUNDED SCHOLARSHIPS GIVEN TO STUDENTS AT THE COLLEGEDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescCAMPUS IMPROVEMENTSDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$341,219TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members33GoverningBodyVotingMembersCnt
Independent Voting Member33IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KENDALL TYSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9105928081PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 588AddressLine1Txt
CityCLINTONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28329ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
GROVER EZZELL
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
BROOKS BARWICK
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
KENDALL TYSON
2ND VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
WILLIAM FULTON
PAST PRESIDENT2.00Yes (X)Yes (X)$0$0$0
BILL STARLING
SECRETARY2.00Yes (X)Yes (X)$0$0$0
REID BUTLER
RECORDING SECRETARY2.00Yes (X)Yes (X)$0$0$0
PAT NOBLES
TREASURER2.00Yes (X)Yes (X)$0$0$0
ANNE FAIRCLOTH
DIRECTOR2.00Yes (X)$0$0$0
MORGAN MOORE
DIRECTOR2.00Yes (X)$0$0$0
THADDEUS GODWIN
DIRECTOR2.00Yes (X)$0$0$0
MANDY DUBOSE
DIRECTOR2.00Yes (X)$0$0$0
LEW STARLING
DIRECTOR2.00Yes (X)$0$0$0
ALICE BUTLER
DIRECTOR2.00Yes (X)$0$0$0
TAMMY PETERSON
DIRECTOR2.00Yes (X)$0$0$0
CHUCK SPELL
DIRECTOR2.00Yes (X)$0$0$0
ADRIAN MATTHEWS
DIRECTOR2.00Yes (X)$0$0$0
DAVID HOBSON
DIRECTOR2.00Yes (X)$0$0$0
NICK AUTRY
DIRECTOR2.00Yes (X)$0$0$0
NICHOLE MAROSCHAK
DIRECTOR2.00Yes (X)$0$0$0
CECE HUDSON
DIRECTOR2.00Yes (X)$0$0$0
CANDACE TAYLOR
DIRECTOR2.00Yes (X)$0$0$0
MARY BROWN
DIRECTOR2.00Yes (X)$0$0$0
JIMMY MOORE
DIRECTOR2.00Yes (X)$0$0$0
CHRISTOPHER BROWN
DIRECTOR2.00Yes (X)$0$0$0
ROBIN PALMER
DIRECTOR2.00Yes (X)$0$0$0
JASON WALTERS
DIRECTOR2.00Yes (X)$0$0$0
JONATHAN WILLIAMS
DIRECTOR2.00Yes (X)$0$0$0
STEVE STEFANOVICH
DIRECTOR2.00Yes (X)$0$0$0
JEFF NETHERCUTT
DIRECTOR2.00Yes (X)$0$0$0
BRANDON WARREN
DIRECTOR2.00Yes (X)$0$0$0
JAMIE BONILLA
DIRECTOR2.00Yes (X)$0$0$0
DYLAN WARNER
EX-OFFICIO2.00Yes (X)$0$0$0
ANOTHNY SESSOMS
EX-OFFICIO2.00Yes (X)$0$0$0
LISA TURLINGTON
EXECUTIVE DIRECTOR2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$412,072AllOtherContributionsAmt
Noncash Contributions$25,733NoncashContributionsAmt
Total Contributions$412,072TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$120,554TotalRevenueColumnAmt
Exclusion$120,554ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$879,993SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$828,233SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$51,760SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$51,760TotalRevenueColumnAmt
Exclusion$51,760ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$24,540FundraisingGrossIncomeAmt
Fundraising Direct Expenses$7,959FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,581TotalRevenueColumnAmt
Exclusion$16,581ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$3,703TotalRevenueColumnAmt
Related Or Exempt Func Income$3,703RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,703OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$604,670TotalRevenueColumnAmt
Related Or Exempt Func Income$3,703RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$188,895ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$332,160TotalAmt
Program Services$332,160ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$9,450TotalAmt
Management And General$9,450ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$22,574TotalAmt
Management And General$22,574ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$353TotalAmt
Management And General$353ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,920TotalAmt
Management And General$2,920ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$9,059TotalAmt
Program Services$9,059ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
FUNDRAISING SUPPORT$3,484$3,484
DUES AND SUBSCRIPTIONS$300$300

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$380,300TotalAmt
Program Services$341,219ProgramServicesAmt
Management And General$35,597ManagementAndGeneralAmt
Fundraising$3,484FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$560,495BOYAmt
EOY$38,488EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$622,072EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,111,830BOYAmt
EOY$3,665,697EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$972,485BOYAmt
EOY$972,485EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,644,810BOYAmt
EOY$5,298,742EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$803,467BOYAmt
EOY$821,688EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,841,343BOYAmt
EOY$4,477,054EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,644,810BOYAmt
EOY$5,298,742EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,644,810BOYAmt
EOY$5,298,742EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$224,370ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$429,562NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$496,112CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$255,215CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$947,572CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,639,141CurrentTaxYearMinus1YearAmt
Current Tax Year$412,072CurrentTaxYearAmt
Total$3,750,112TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$496,112CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$255,215CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$947,572CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,639,141CurrentTaxYearMinus1YearAmt
Current Tax Year$412,072CurrentTaxYearAmt
Total$3,750,112TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$507,164SubstantialContributorsTotAmt
Public Support Total170$3,242,948PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$55,445CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$31,464CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$253CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$81,546CurrentTaxYearMinus1YearAmt
Current Tax Year$120,515CurrentTaxYearAmt
Total$289,223TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,000CurrentTaxYearMinus4YearsAmt
Current Tax Year$28,243CurrentTaxYearAmt
Total$30,243TotalAmt
FieldValueIRS element (for citing)
Total Support$4,069,578TotalSupportAmt
Gross Receipts Rltd Activities$33,172GrossReceiptsRltdActivitiesAmt
Public Support CY1700.79690PublicSupportCY170Pct
Public Support PY1700.80170PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,227,034BeginningYearBalanceAmt
Contributions$40,110ContributionsAmt
Investment Earnings Or Losses$264,274InvestmentEarningsOrLossesAmt
End Year Balance$2,531,418EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,976,947BeginningYearBalanceAmt
Contributions$24,812ContributionsAmt
Investment Earnings Or Losses$225,275InvestmentEarningsOrLossesAmt
End Year Balance$2,227,034EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,226,650BeginningYearBalanceAmt
Contributions$20,249ContributionsAmt
Investment Earnings Or Losses-$269,952InvestmentEarningsOrLossesAmt
End Year Balance$1,976,947EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,846,342BeginningYearBalanceAmt
Contributions$3,272ContributionsAmt
Investment Earnings Or Losses$399,623InvestmentEarningsOrLossesAmt
Administrative Expenses$22,587AdministrativeExpensesAmt
End Year Balance$2,226,650EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,603,665BeginningYearBalanceAmt
Contributions$216,970ContributionsAmt
Investment Earnings Or Losses$62,375InvestmentEarningsOrLossesAmt
Grants Or Scholarships$36,668GrantsOrScholarshipsAmt
End Year Balance$1,846,342EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.42220PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.57780TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENTS RESTRICTED IN PERPETUITYDesc
Book Value$972,485BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$972,485TotalBookValueProgramRltdAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,128,178TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$429,562NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$116,520DonatedServicesAndUseFcltsAmt
Other Revenue-$22,574OtherRevenueAmt
Revenue Not Reported$523,508RevenueNotReportedAmt
Revenue Subtotal$604,670RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$604,670TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$474,246TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$116,520DonatedServicesUseFcltsAmt
Expenses Not Reported$116,520ExpensesNotReportedAmt
Expenses Subtotal$357,726ExpensesSubtotalAmt
Other Expenses Not Included$22,574OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$22,574ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$380,300TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER INTERNAL REVENUE SERVICE (IRS) CODE SECTION 501(C)(3). DURING THE YEARS ENDED JUNE 30, 2024 AND 2023, THE FOUNDATION REPORTED NO UNRELATED BUSINESS TAXABLE INCOME WHICH IS DEFINED BY THE IRS AS GROSS INCOME DERIVED FROM ANY UNRELATED TRADE OR BUSINESS THAT IS NOT SUBSTANTIALLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE FOUNDATION ADOPTED THE PROVISIONS OF FASB ASC 740-10-25 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER THIS PROVISION, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION HAD NO IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT DID NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX YEARS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2021. AT JUNE 30, 2024 AND 2023, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:INVESTMENT FEES TO PART IX
PART XII, LINE 4B - OTHER ADJUSTMENTS:INVESTMENT FEES TO PART IX

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$24,540GrossReceiptsEvent1Amt
Gross Revenue Event1$24,540GrossRevenueEvent1Amt
Other Direct Expenses Event1$7,868OtherDirectExpensesEvent1Amt
Gross Receipts Total$24,540GrossReceiptsTotalAmt
Gross Revenue Total Events$24,540GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$7,868OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$7,868DirectExpenseSummaryEventsAmt
Net Income Summary$16,672NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
SAMPSON COMMUNITY COLLEGE
1801 SUNSET AVECLINTONNC28328$172,062$0STUDENT SCHOLARSHIPS
SAMPSON COMMUNITY COLLEGE
1801 SUNSET AVECLINTONNC28328$160,098$0GRANTS AND AWARDS
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE SCHOLARSHIPS AND GRANTS AWARDED.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$5,000NoncashContributionsRptF990Amt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990Amt
Yes (X)WELDING RODS2$14,531
Yes (X)FOOD3$5,730
Yes (X)HOLIDAY DECOR1$250
Yes (X)TSHIRTS1$222
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS MADE AVAILABLE TO BOARD MEMBERS ELECTRONICALLY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SAMPSON COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11801 SUNSET AVENUE HWY 24AddressLine1Txt
CityCLINTONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28328ZIPCd
FieldValueIRS element (for citing)
EIN560898811EIN
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
SAMPSON COMMUNITY COLLEGE
B$341,219ACTUAL
SAMPSON COMMUNITY COLLEGE
O$116,520ACTUAL

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