MIDLANDS TECHNICAL COLLEGE FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MIDLANDS TECHNICAL COLLEGE FOUNDATION INC (EIN 23-7085753)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-10-23
IRS object ID
202522969349300107
Schema version
2024v5.0
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)
Return2025-10-23T08:21:21-04:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN464116137PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1THE BRITTINGHAM GROUP LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 5949AddressLine1Txt
CityWEST COLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP291715949ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237085753EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MIDLANDS TECHNICAL COLLEGEBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMIDLBusinessNameControlTxt
Phone8037325355PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 2408AddressLine1Txt
CityCOLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNANCY L MCKINNEYPersonNm
Person TitleCEOPersonTitleTxt
Phone8038223278PhoneNum
Signature2025-09-30SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHARRY D DELOACHPreparerPersonNm
PTINP00592698PTIN
Phone8037393090PhoneNum
Preparation2025-09-30PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNANCY L MCKINNEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 2408AddressLine1Txt
CityCOLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,916,120GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MIDLANDSTECH.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1970FormationYr
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionTO BUILD MEANINGFUL RELATIONSHIPS WITH DONORS THAT LEAD TO GIFTS THAT SUPPORT THE MISSION OF MIDLANDS TECHNICAL COLLEGE TO PREPARE STUDENTS FOR SUCCESS IN THE WORKFORCE.ActivityOrMissionDesc
Voting Members Governing Body23VotingMembersGoverningBodyCnt
Voting Members Independent23VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$1TotalGrossUBIAmt
PY Contributions Grants$2,676,079PYContributionsGrantsAmt
CY Contributions Grants$687,063CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$926,919PYInvestmentIncomeAmt
CY Investment Income$1,014,071CYInvestmentIncomeAmt
PY Other Revenue$197,254PYOtherRevenueAmt
CY Other Revenue$174,844CYOtherRevenueAmt
PY Total Revenue$3,800,252PYTotalRevenueAmt
CY Total Revenue$1,875,978CYTotalRevenueAmt
PY Grants And Similar Paid$507,111PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$591,618CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$364,232PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$301,944CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$146,279CYTotalFundraisingExpenseAmt
PY Other Expenses$646,568PYOtherExpensesAmt
CY Other Expenses$941,855CYOtherExpensesAmt
PY Total Expenses$1,517,911PYTotalExpensesAmt
CY Total Expenses$1,835,417CYTotalExpensesAmt
PY Revenues Less Expenses$2,282,341PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$40,561CYRevenuesLessExpensesAmt
Total Assets BOY$20,549,993TotalAssetsBOYAmt
Total Assets EOY$21,358,676TotalAssetsEOYAmt
Total Liabilities BOY$185,455TotalLiabilitiesBOYAmt
Total Liabilities EOY$111,560TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$20,364,538NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$21,247,116NetAssetsOrFundBalancesEOYAmt
MissionTO BUILD MEANINGFUL RELATIONSHIPS WITH DONORS THAT LEAD TO GIFTS THAT SUPPORT THE MISSION OF MIDLANDS TECHNICAL COLLEGE TO PREPARE STUDENTS FOR SUCCESS IN THE WORKFORCE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$562,035ExpenseAmt
Grant$562,035GrantAmt
DescPROVISION OF SCHOLARSHIPS WHICH ASSIST STUDENTS WITH NEEDED FUNDS TO DEFRAY THE COST OF TUITION AT MIDLANDS TECHNICAL COLLEGE, NONE GREATER THAN 4,000.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$885,902ExpenseAmt
Grant$29,583GrantAmt
DescENHANCEMENTS IN SUPPORT OF MIDLANDS TECHNICAL COLLEGE PROGRAMSDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,447,937TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document60IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members23GoverningBodyVotingMembersCnt
Independent Voting Member23IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTAMI SMITHPersonNm
Phone8038223278PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 2408AddressLine1Txt
CityCOLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29202ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DR GREGORY LITTLE
PRES. MID TE1.001.00Yes (X)Yes (X)$67,694$113,108$0
JAMES L BRAUN
CHAIR1.00Yes (X)Yes (X)$0$0$0
DAN BRUINSMA
TRUSTEE1.00Yes (X)$0$0$0
CHRISTIAN STORMER CPA
TREASURER1.00Yes (X)Yes (X)$0$0$0
STEPHANIE DEFREESE
TRUSTEE1.00Yes (X)$0$0$0
DAVID E DUBBERLY
TRUSTEE1.00Yes (X)$0$0$0
KRISTI EIDSON
TRUSTEE1.00Yes (X)$0$0$0
JEFFREY GRIFFIN
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
CHERYL HOLLAND
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JOHN GRIGGS III
TRUSTEE1.00Yes (X)$0$0$0
WILLIS LANGLEY III
TRUSTEE1.00Yes (X)$0$0$0
SANDRA J JACKSON
COMMISSION C1.00Yes (X)$0$0$0
WALTER J JOHNSON
TRUSTEE1.00Yes (X)$0$0$0
ANGELLE LABORDE
TRUSTEE1.00Yes (X)$0$0$0
NANCY L MCKINNEY
CEO40.00Yes (X)Yes (X)$0$0$0
ROB QUELL
TRUSTEE1.00Yes (X)$0$0$0
DEREK RAPER
TRUSTEE1.00Yes (X)$0$0$0
JAMES D REYNOLDS
TRUSTEE EMER1.00Yes (X)$0$0$0
VAUGHN K REYNOLDS
TRUSTEE1.00Yes (X)$0$0$0
THOMAS E PERSONS SR
TRUSTEE EMER1.00Yes (X)$0$0$0
DEBBIE WALKER
VP BUSINESS1.00Yes (X)$0$0$0
KATHERINE BLANCHARD WHITTLE
TRUSTEE1.00Yes (X)$0$0$0
CHRIS ZIMMER
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$67,694TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$113,108TotReportableCompRltdOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$15,998GovernmentGrantsAmt
All Other Contributions$671,065AllOtherContributionsAmt
Noncash Contributions$69,928NoncashContributionsAmt
Total Contributions$687,063TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$638,302TotalRevenueColumnAmt
Exclusion$638,302ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$8,382,260SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$8,006,491SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$375,769SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$375,769TotalRevenueColumnAmt
Related Or Exempt Func Income$375,769RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$208,494FundraisingGrossIncomeAmt
Fundraising Direct Expenses$33,651FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$174,843TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business561499BusinessCd
Total Revenue Column$1TotalRevenueColumnAmt
Unrelated Business Revenue$1UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$1OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,875,978TotalRevenueColumnAmt
Related Or Exempt Func Income$375,769RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1UnrelatedBusinessRevenueAmt
Exclusion$638,302ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$591,618TotalAmt
Program Services$591,618ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$67,694TotalAmt
Program Services$67,694ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$234,250TotalAmt
Program Services$92,429ProgramServicesAmt
Fundraising$141,821FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$3,000TotalAmt
Management And General$3,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$6,150TotalAmt
Management And General$6,150ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$80,316TotalAmt
Program Services$80,316ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$115,239TotalAmt
Management And General$115,239ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$408,961TotalAmt
Program Services$385,052ProgramServicesAmt
Management And General$19,451ManagementAndGeneralAmt
Fundraising$4,458FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Program Services$10,000ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$24,753TotalAmt
Program Services$22,297ProgramServicesAmt
Management And General$2,456ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,402TotalAmt
Management And General$2,402ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
OTHER EXPENSES$82,303$82,303
IN KIND GIFTS$69,928$69,928
PROFESSIONAL DEVELOPMENT$69,129$69,129
CURRICULUM DEVELOPMENT$26,371$26,371

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$43,303TotalAmt
Program Services$33,103ProgramServicesAmt
Management And General$10,200ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,835,417TotalAmt
Program Services$1,447,937ProgramServicesAmt
Management And General$241,201ManagementAndGeneralAmt
Fundraising$146,279FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$862,042BOYAmt
EOY$971,611EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,820,463BOYAmt
EOY$412,620EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$40,108BOYAmt
EOY$33,273EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,000LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,000BOYAmt
EOY$5,000EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,806,380BOYAmt
EOY$19,936,172EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$16,000BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,549,993BOYAmt
EOY$21,358,676EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$185,455BOYAmt
EOY$111,560EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$185,455BOYAmt
EOY$111,560EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$802,702BOYAmt
EOY$972,928EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$19,561,836BOYAmt
EOY$20,274,188EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,364,538BOYAmt
EOY$21,247,116EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,549,993BOYAmt
EOY$21,358,676EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$40,561ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$842,017NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

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$1,656,411CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,842,682CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,336,948CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,676,079CurrentTaxYearMinus1YearAmt
Current Tax Year$687,063CurrentTaxYearAmt
Total$10,199,183TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,656,411CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,842,682CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,336,948CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,676,079CurrentTaxYearMinus1YearAmt
Current Tax Year$687,063CurrentTaxYearAmt
Total$10,199,183TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,033,994SubstantialContributorsTotAmt
Public Support Total170$8,165,189PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$264,066CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$341,232CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$451,501CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$516,493CurrentTaxYearMinus1YearAmt
Current Tax Year$638,302CurrentTaxYearAmt
Total$2,211,594TotalAmt
FieldValueIRS element (for citing)
Total Support$12,410,777TotalSupportAmt
Gross Receipts Rltd Activities$618,176GrossReceiptsRltdActivitiesAmt
Public Support CY1700.65790PublicSupportCY170Pct
Public Support PY1700.68030PublicSupportPY170Pct
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 C IRS990ScheduleC

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$80,316FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$80,316FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,788,752FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,869,068FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$243,453FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$60,863FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$214,868CurrentYearMinus3Amt
Current Year Minus2$268,117CurrentYearMinus2Amt
Current Year Minus1$227,082CurrentYearMinus1Amt
Current Year$243,453CurrentYearAmt
Total$953,520TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$1,430,280LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$59,520CurrentYearMinus3Amt
Current Year Minus2$70,312CurrentYearMinus2Amt
Current Year Minus1$75,312CurrentYearMinus1Amt
Current Year$80,316CurrentYearAmt
Total$285,460TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$53,717CurrentYearMinus3Amt
Current Year Minus2$67,029CurrentYearMinus2Amt
Current Year Minus1$56,771CurrentYearMinus1Amt
Current Year$60,863CurrentYearAmt
Total$238,380TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$357,570GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,720,377BeginningYearBalanceAmt
Contributions$92,267ContributionsAmt
Investment Earnings Or Losses$1,516,925InvestmentEarningsOrLossesAmt
Other Expenditures$463,576OtherExpendituresAmt
End Year Balance$15,865,993EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$12,929,079BeginningYearBalanceAmt
Contributions$747,847ContributionsAmt
Investment Earnings Or Losses$1,442,017InvestmentEarningsOrLossesAmt
Other Expenditures$398,566OtherExpendituresAmt
End Year Balance$14,720,377EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,361,322BeginningYearBalanceAmt
Contributions$1,094,977ContributionsAmt
Investment Earnings Or Losses$940,284InvestmentEarningsOrLossesAmt
Other Expenditures$467,504OtherExpendituresAmt
End Year Balance$12,929,079EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,680,405BeginningYearBalanceAmt
Contributions$824,030ContributionsAmt
Investment Earnings Or Losses-$1,005,141InvestmentEarningsOrLossesAmt
Other Expenditures$137,972OtherExpendituresAmt
End Year Balance$11,361,322EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$9,572,924BeginningYearBalanceAmt
Contributions$769,027ContributionsAmt
Investment Earnings Or Losses$1,930,557InvestmentEarningsOrLossesAmt
Other Expenditures$592,103OtherExpendituresAmt
End Year Balance$11,680,405EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$5,000InvestmentCostOrOtherBasisAmt
Book Value$5,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,000TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$2,751,646TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$842,017NetUnrealizedGainsInvstAmt
Other Revenue$33,651OtherRevenueAmt
Revenue Not Reported$875,668RevenueNotReportedAmt
Revenue Subtotal$1,875,978RevenueSubtotalAmt
Total Revenue Per Form990$1,875,978TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,869,068TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$33,651OtherExpensesIncludedAmt
Expenses Not Reported$33,651ExpensesNotReportedAmt
Expenses Subtotal$1,835,417ExpensesSubtotalAmt
Total Expenses Per Form990$1,835,417TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART V, LINE 4ENDOWMENT FUNDS IN THE MTC FOUNDATION ARE USED TO SUPPORT THE COLLEGE'S ACTIVITIES TO INCLUDE STUDENT SCHOLARSHIPS AND PROGRAM SUPPORT.
SCHEDULE D, PAGE 4, PART XI, LINE 2DFUNDRAISING EXPENDITURES TO PART VIII 33,651
SCHEDULE D, PAGE 4, PART XII, LINE 2DFUNDRAISING EXPENDITURES TO PART VIII 33,651

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$208,494GrossReceiptsEvent1Amt
Gross Revenue Event1$208,494GrossRevenueEvent1Amt
Other Direct Expenses Event1$33,651OtherDirectExpensesEvent1Amt
Gross Receipts Total$208,494GrossReceiptsTotalAmt
Gross Revenue Total Events$208,494GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$33,651OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$33,651DirectExpenseSummaryEventsAmt
Net Income Summary$174,843NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS & GRANTSGrantTypeTxt
Recipient364RecipientCnt
Cash Grant$591,618CashGrantAmt
Valuation Method UsedCOSTValuationMethodUsedDesc
Non Cash AssistanceSCHOLARSHIPSNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationTHE FOUNDATION EXISTS TO PROVIDE SUPPORT OF EDUCATIONAL PROGRAMS AT MIDLANDS TECHNICAL COLLEGE. ALL OF THE FOUNDATION'S EXPENDITURES ARE FOR THE OPERATION OF THE FOUNDATION, SCHOLARSHIPS FOR MIDLANDS TECHNICAL COLLEGE STUDENTS, OR OTHER SUPPORT OF MIDLANDS TECHNICAL COLLEGE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDR GREGORY LITTLEPersonNm
TitlePRES. MID TECH COLLTitleTxt
Base Compensation Filing Org$67,694BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$113,108CompensationBasedOnRltdOrgsAmt
Total Compensation Filing Org$67,694TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$113,108TotalCompensationRltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PART IIIFormAndLineReferenceDesc
ExplanationTHE FOUNDATION PAYS MEMBERSHIP DUES FOR PROFESSIONAL ORGANIZATIONS FOR THE OFFICE OF PHILANTHROPY.ExplanationTxt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescSUPPLIESDesc
Contribution9ContributionCnt
Noncash Contributions Rpt F990$69,928NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PAGE 1, PART I, LINE 32BFormAndLineReferenceDesc
ExplanationTHE FOUNDATION USED A THIRD PARTY ENTITY TO FACILITATE THE SALE OF DONATED SCULPTURES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BTHE FOUNDATION'S 990 WILL BE PRESENTED TO ALL BOARD MEMBERS AND THE COLLEGE'S ADMINISTRATION, AND IS AVAILABLE FOR PUBLIC REVIEW ON THE FOUNDATION'S WEBSITE - WWW.MIDLANDSTECH.EDU/ABOUT/MTC- FOUNDATION/FOUNDATION-FINANCIALS.
FORM 990, PAGE 6, PART VI, LINE 15BTHE PRESIDENT OF THE COLLEGE RECEIVES COMPENSATION FROM THE FOUNDATION AS VOTED ON BY THE FOUNDATION'S MEMBERS AS BROUGHT FORWARD THROUGH THE FOUNDATION'S BOARD MEETING PROCESS. THE FINANCE AND ADMINISTRATIVE COMMITTEE REVIEWS AND FORMALLY APPROVES THE REQUEST, AND THE MOTION IS BROUGHT FORWARD TO THE FULL BOARD.
FORM 990, PAGE 6, PART VI, LINE 19THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS OF THE MIDLANDS TECHNICAL COLLEGE FOUNDATION ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. RECENT 990'S ARE ALSO POSTED ON THE FOUNDATION'S WEBSITE - WWW.MIDLANDSTECH.EDU/ABOUT/MTC-FOUNDATION/FOUNDATION-FINANCIALS. IN ADDITION, THEY ARE ALSO AVAILABLE VIA THE THIRD PARTY WEBSITE "GUIDESTAR".
FORM 990, PART IX, LINE 11GDONOR RELATIONS - STEWARDSHIP 0 19,451 0 DIRECT MAIL SERVICES 0 0 4,458 DIVISION SUPPORT 367,641 0 0 THEATER - HOSPITALITY SERVICE 17,411 0 0 TOTAL 385,052 19,451 4,458
FORM 990, PART XI, LINE 9FUNDRAISING EXPENDITURES TO PART VIII 33,651 FUNDRAISING EXPENDITURES TO PART VIII -33,651

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1MIDLANDS TECHNICAL COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 2408AddressLine1Txt
CityCOLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29202ZIPCd
FieldValueIRS element (for citing)
EIN570427758EIN
Primary ActivitiesCOLLEGEPrimaryActivitiesTxt
Legal Domicile StateSCLegalDomicileStateCd
Exempt Code Section501ExemptCodeSectionTxt
Public Charity Status2PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1MIDLANDS TECHNICAL COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeMTransactionTypeTxt
Involved$3,000InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt

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