2015-11-09T16:10:48-06:00 2015-06-30 363168081 SIKICH LLP 1415 W DIEHL RD SUITE 400 NAPERVILLE IL 605632349 990 2014-07-01 362990533 WAUBONSEE COMMUNITY COLLEGE FOUNDATION WAUB 6304667900 ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 DARLA CARDINE EXECUTIVE TREASURER 6304667900 2015-11-06 1 BRYAN PAUTSCH P00034913 6305668400 2015-11-06 2014 2016-04-25 22:37:26Z DARLA S CARDINE ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 994237 0 X WWW.WAUBONSEE.EDU/FOUNDATION.PHP X 1978 IL TO FUND WAUBONSEE COMMUNITY COLLEGE STUDENT SCHOLARSHIPS. 25 25 0 190 0 0 322574 214304 0 0 83572 90020 -1269 -1983 404877 302341 167783 163183 0 0 0 0 0 0 0 41290 45740 209073 208923 195804 93418 4114045 4213462 0 0 4114045 4213462 THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION WAS FORMED TO ADVANCE THE EDUCATIONAL AND CHARITABLE PURPOSES OF WAUBONSEE COMMUNITY COLLEGE. THE PRIMARY OBJECTIVE OF THE FOUNDATION IS TO RAISE FUNDS FOR STUDENT SCHOLARSHIPS. 0 0 163183 163183 THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION PROVIDED SCHOLARSHIPS TO 289 STUDENTS ATTENDING WAUBONSEE COMMUNITY COLLEGE. THE TOTAL VALUE OF THE SCHOLARSHIPS WAS $163,183 WHICH INCLUDED $158,933 OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION SCHOLARSHIPS AND $4,250 IN PROGRAM SCHOLARSHIPS FOR WAUBONSEE COMMUNITY COLLEGE STUDENTS. 163183 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 0 0 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X THE ORGANIZATION 6304667900 ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 X PENELOPE CAMERON PRESIDENT 2.00 X X 0 0 0 GERALD PALMER VICE PRESIDENT 2.00 X X 0 0 0 MICHAEL OCHSENSCHLAGER SECRETARY/TREASURER 2.00 X X 0 0 0 DALE BERMAN DIRECTOR 1.00 X 0 0 0 JOHN CORDOGAN DIRECTOR 1.00 X 0 0 0 GERARD DEMPSEY DIRECTOR 1.00 X 0 0 0 ANDREW FAVILLE DIRECTOR 1.00 X 0 0 0 STAN FREE DIRECTOR 1.00 X 0 0 0 THEODIA GILLESPIE DIRECTOR 1.00 X 0 0 0 DR GINA SANTORI DIRECTOR 1.00 X 0 0 0 RICHARD HAWKS DIRECTOR 1.00 X 0 0 0 DR DIANE HOMAN DIRECTOR 1.00 X 0 0 0 ANGELO KLERONOMOS DIRECTOR 1.00 X 0 0 0 DANIEL KRAMER DIRECTOR 1.00 X 0 0 0 EDUARDO GIL DIRECTOR 1.00 X 0 0 0 TERRENCE M DUFFY DIRECTOR 1.00 X 0 0 0 ROGER HARRIS DIRECTOR 1.00 X 0 0 0 WILLIAM MURPHY DIRECTOR 1.00 X 0 0 0 JAMES RHOADES DIRECTOR 1.00 X 0 0 0 WILLIAM SKOGLUND DIRECTOR 1.00 X 0 0 0 DR SHERRY GRAY DIRECTOR 1.00 X 0 0 0 DR THOMAS R HUBERTY DIRECTOR 1.00 X 0 0 0 BONNIE PROCTOR DIRECTOR 1.00 X 0 0 0 JAN PATRANELLA DIRECTOR 1.00 X 0 0 0 DR AMAAL TOKARS DIRECTOR 1.00 X 0 0 0 DARLA CARDINE EXECUTIVE TREASURER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 39122 175182 214304 99789 99789 669116 678885 -9769 -9769 -9769 11028 39122 13011 -1983 -1983 302341 0 0 88037 163183 163183 6120 6120 36362 36362 500 500 2157 2157 BANK FEES 576 576 FILING FEES 25 25 208923 163183 45740 0 210684 151141 591 0 3819688 3974770 83082 87551 4114045 4213462 0 0 X 8153 1048 2595553 2563064 1510339 1649350 4114045 4213462 4114045 4213462 X 93418 1434 4565 X 0 1 X 1 0 X 425587 142551 171745 322574 214304 1276761 425587 142551 171745 322574 214304 1276761 206719 1070042 67028 86121 87927 88702 99789 429567 1706328 0.62710 0.61820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1510339 145000 5990 1649349 1375340 140000 5001 1510339 1375340 1375340 1337840 50000 12500 1375340 1088276 249564 1337840 1.00000 0 0 0 321351 1434 17576 19010 302341 0 302341 221934 13011 13011 208923 0 208923 PART V, LINE 4: TO PROVIDE FUNDS FOR WAUBONSEE COMMUNITY COLLEGE STUDENT SCHOLARSHIPS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 13,011. CASH SURRENDER VALUE OF LIFE INSURANCE 4,565. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 13,011. GOLF OUTING 50150 39122 11028 700 10134 2177 50150 39122 11028 700 10134 2177 13011 -1983 1 SCHOLARSHIPS 289 163183 PART I, LINE 2: DURING THE SCHOLARSHIP RECIPIENT SELECTION PROCESS, ONLY THOSE STUDENTS WHO MEET A DONOR'S SPECIFIED SELECTION CRITERIA ARE CONSIDERED BY THE SELECTION COMMITTEE FOR A PARTICULAR SCHOLARSHIP. FOLLOWING THE AWARD OF A SCHOLARSHIP, AN ANALYST IN THE FINANCIAL AID OFFICE VERIFIES EACH SEMESTER THAT STUDENTS WITH SCHOLARSHIPS THAT SPECIFY A MAJOR AREA OF STUDY OR A SPECIFIC GRADE POINT AVERAGE (GPA) ARE TAKING COURSES IN THE SPECIFIED AREA OF STUDY AND/OR MAINTAINING THE REQUIRED GPA. STUDENTS WHO DO NOT COMPLY WITH THEIR SCHOLARSHIP'S SPECIFICATIONS LOSE THE SCHOLARSHIP SECOND SEMESTER. IN ADDITION, THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION BOARD OF DIRECTORS RECEIVES A LIST OF CURRENT YEAR SCHOLARSHIP RECIPIENTS AND THE AMOUNT OF SCHOLARSHIP FUNDS EACH HAS USED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS HAS DELEGATED TO THE FINANCE AND AUDIT COMMITTEE AND THE EXECUTIVE COMMITTEE THE RESPONSIBILITY FOR REVIEW OF THE 990. WHEN THE TWO COMMITTEES ARE NOTIFIED THAT THE 990 IS COMPLETE AND READY FOR ITS REVIEW, ALL OTHER MEMBERS OF THE BOARD OF DIRECTORS ARE ALSO NOTIFIED AND INVITED TO REVIEW THE 990 IF THEY WISH TO DO SO. FORM 990, PART VI, SECTION B, LINE 12C EVERY DIRECTOR RECEIVES THE CONFLICT OF INTEREST POLICY AND STATEMENT FROM THE PRESIDENT OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION PRIOR TO THE FALL ANNUAL MEETING. ONCE ALL SIGNED FORMS HAVE BEEN RECEIVED, THE PRESIDENT OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION AND THE CHAIRMAN OF THE NOMINATING AND GOVERNANCE COMMITTEE REVIEW THEM ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN CASH VALUE OF LIFE INSURANCE 4,565. WAUBONSEE COMMUNITY COLLEGE ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 366153030 EDUCATIONAL INSTITUTION IL 501(C)(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0