2014-05-13T09:28:54-05:00 2013-06-30 221478099 COHNREZNICK LLP 180 GLASTONBURY BOULEVARD GLASTONBURY CT 06033 990 2012-07-01 061599388 GOODWIN COLLEGE FOUNDATION INC GOOD 8605284111 ONE RIVERSIDE DRIVE EAST HARTFORD CT 06118 JERRY EMLET VP OF FINANCE AND CFO 8605284111 2014-05-12 1 P00358542 8606333000 2012 2015-11-30 17:44:51Z DR ETHAN FOXMAN ONE RIVERSIDE DRIVE EAST HARTFORD CT 06118 5082584 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), 14 10 0 0 0 0 1878259 2835500 0 0 25462 48925 26986 -49282 1930707 2835143 72550 0 0 0 142888 0 0 22500 22500 47802 403364 263240 425864 1667467 2409279 5653516 8272029 89144 325927 5564372 7946102 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 311921 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 COLLEGE'S FUNDRAISING ARM FOR CHARITABLE CONTRIBUTIONS AND THE COLLEGE'S ENDOWMENT. 311921 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 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 X 14 10 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 DR ETHAN FOXMAN 0.60 X X 0 0 0 MR MARTIN SHEA 1.80 X X 0 0 0 MRS DIANE L WISHNAFSKI 1.80 X X 0 0 0 MR FRANK AMODIO SR 2.00 X 0 0 0 MS MICHELE B BUSH ESQ 1.80 X 0 0 0 MR JERRY EMLET 2.00 40.00 X 0 160830 35065 DR DONNA GALLUZZO 0.20 X 0 0 0 MR JEFFREY HOFFMAN 0.60 X 0 0 0 MR ALAN LAZOWSKI 0.20 X 0 0 0 MS BROOKE PENDERS 40.00 X 0 76741 0 MR MARK SCHEINBERG 2.00 40.00 X 0 433247 44248 MR RUSSELL G WELDON 0.50 X 0 0 0 MR TODD ANDREWS 2.00 40.00 X 0 168655 24548 MR RONALD PUGLIESE 0.60 X 0 0 0 0 839473 103861 0 0 1 0 0 144169 2350000 341331 22824 2835500 120596 120596 2030564 2102235 -71671 -71671 -71671 95924 144169 145206 -49282 -49282 2835143 0 0 -357 22500 22500 34400 34400 2000 2000 3941 3350 591 30917 26280 4637 3985 3387 598 24123 20505 3618 ALLOCATED COMPENSATION 303998 258399 45599 425864 311921 91443 22500 132897 761052 466222 280702 226390 9195 7110 4602567 7439410 5653516 8272029 2272 14588 86872 311339 89144 325927 X 5084454 7498081 221089 183091 258829 264930 5564372 7946102 5653516 8272029 2409279 -27549 0 X X 0 1 X 1 0 X 126790 427103 1297962 1663663 4713759 8229277 126790 427103 1297962 1663663 4713759 8229277 0 1086362 3971402 5057764 1086362 3971402 5057764 3171513 9255 11169 15405 18667 146058 200554 9255 11169 15405 18667 146058 200554 136045 438272 1313367 1682330 4859817 8429831 0.37620 0.65950 0.02380 0.01790 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: THE 2012 TAX YEAR COLUMN INCLUDES INFORMATION REPORTED ON THE INFORMATION RETURNS FILED 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 5313619 2938759 -13024 95250 232973 7911131 3495528 1882369 12515 72550 4243 5313619 2165960 1312276 18667 1375 3495528 855010 1297962 15405 2417 2165960 418009 427103 11169 1271 855010 0.97040 0.01510 0.01450 0 0 0 DUE TO GOODWIN COLLEGE 311339 311339 X DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: EARNINGS FROM THE ENDOWMENT ARE TO BE USED TO AWARD SCHOLARSHIPS TO FULL AND PART-TIME STUDENTS OF GOODWIN COLLEGE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOLLOWING IS INCLUDED IN THE GOODWIN COLLEGE CONSOLIDATED FINANCIAL STATEMENTS, WHICH INCLUDE THOSE OF THE FOUNDATION: THE COLLEGE HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2013 AND 2012. THE COLLEGE'S FEDERAL AND STATE TAX FILINGS PRIOR TO FISCAL YEAR 2010 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE COLLEGE 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 CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. X X X X 1 HARVEST DEVELOPMENT GROUP LLC 37 AYERS POINT OLD SAYBROOK CT 06475 INTERIM MANAGEMENT AND MAJOR GIFT ACQUISITION 0 0 0 22500 22500 GALA 136969 72837 64132 110908 GOLF 99124 71332 27792 34297 236093 144169 91924 145205 145205 -53281 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) INTERIM MANAGEMENT OF THE DEVELOPMENT DIRECTOR FUNCTION; OUTLINING THE CREATION OF A MAJOR GIFT ACQUISITION STRATEGY, WORK PLAN AND MEASUREMENT TOOLS. 1 1 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FOUNDATION HAS A SCHOLARSHIP COMMITTEE WHICH ASSESSES POTENTIAL GRANT RECIPIENTS BASED UPON DEMONSTRATED FINANCIAL NEED AND ACADEMIC PROGRESS. 0 0 0 0 0 0 0 0 0 MR JERRY EMLET 0 149383 0 10000 0 1447 0 22500 0 12565 0 195895 0 0 MR MARK SCHEINBERG 0 357772 0 75000 0 475 0 22500 0 21748 0 477495 0 0 MR TODD ANDREWS 0 158351 0 10000 0 304 0 9808 0 14740 0 193203 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. 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 OVERSIGHT AND SELECTION PROCESSES HAVE NOT CHANGED DURING THE TAX YEAR. GOODWIN COLLEGE INC 1 RIVERSIDE DRIVE EAST HARTFORD CT 06118 061627882 COLLEGE CT 501(C)(3) LINE 2 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0