MIAMI DADE COLLEGE FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MIAMI DADE COLLEGE FOUNDATION INC (EIN 59-6169745)
- Tax period
- 2012-04-01 to 2013-03-31
- Filed
- 2014-02-15
- IRS object ID
- 201420499349300722
- Schema version
- 2012v2.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-15T09:43:44-06:00 | Timestamp |
| Tax Period End Date | 2013-03-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591818353 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAUFMAN ROSSIN & CO PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2699 S BAYSHORE DRIVE | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33133 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-04-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 596169745 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIAMI DADE COLLEGE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MIAM | NameControl |
| Phone | 3052373240 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NE 2ND AVENUE NO 1423-1 | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33132 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EH LEVERING | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 3052373240 | Phone |
| Date Signed | 2014-02-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVEN BERWICK CPA | Name |
| PTIN | P00181486 | PTIN |
| Phone | 3058585600 | Phone |
| Date Prepared | 2014-02-18 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JULIE GRIMES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NE 2ND AVENUE NO 1423-1 | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33132 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 54539353 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | MDCFOUNDATION.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1996 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE DIRECT SUPPORT TO MIAMI DADE COLLEGE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 17 | TotalNbrEmployees |
| Total Nbr Volunteers | 75 | TotalNbrVolunteers |
| Total Gross UBI | -1609 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1609 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 9405565 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 9380819 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1071774 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 661980 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2492556 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3405782 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 377212 | OtherRevenuePriorYear |
| Other Revenue Current Year | 76622 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 13347107 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13525203 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 6049658 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7947481 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1014441 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 876738 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 68233 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5627467 | OtherExpensePriorYear |
| Other Expenses Current Year | 6967504 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12691566 | TotalExpensesPriorYear |
| Total Expenses Current Year | 15791723 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 655541 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2266520 | RevenuesLessExpensesCY |
| Total Assets BOY | 134481853 | TotalAssetsBOY |
| Total Assets EOY | 142308676 | TotalAssetsEOY |
| Total Liabilities BOY | 18595028 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 21646617 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 115886825 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 120662059 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O FOR THE ORGANIZATION'S MISSION STATEMENT:MIAMI DADE COLLEGE FOUNDATION, INC IS A FLORIDA NOT-FOR-PROFIT CORPORATION FORMED TO SERVE AS A DIRECT-SUPPORT ORGANIZATION, AS DEFINED IN SECTION 1004.70 OF THE FLORIDA STATUTES, OF MIAMI DADE COLLEGE, WHICH IS LEGALLY SEPARATE BUT FINANCIALLY ACCOUNTABLE TO THE COLLEGE. THE FOUNDATION WAS ORGANIZED AND OPERATES EXCLUSIVELY TO RECEIVE, HOLD, INVEST, AND ADMINISTER PROPERTY AND TO MAKE EXPENDITURES TO, OR FOR THE BENEFIT OF THE COLLEGE INCLUDING EDUCATIONAL AND CULTURAL EVENTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 7947481 | Expense |
| Grants | 7947481 | Grants |
| Description | THE FOUNDATION IS THE DIRECT SUPPORT ORGANIZATION FOR MIAMI DADE COLLEGE, THE LARGEST COLLEGE IN THE COUNTRY. STUDENTS CAN PURSUE DEGREES ON THE COLLEGE'S EIGHT CAMPUSES AND OTHER OUTREACH CENTERS IN MIAMI. A MAJORITY OF THE STUDENTS ARE CONSIDERED LOW INCOME AND LIVE BELOW THE FEDERAL POVERTY LEVEL. THE "OPPORTUNITY CHANGES EVERYTHING" PHILOSOPHY SUPPORTS GIVING SCHOLARSHIPS TO STUDENTS TO IMPROVE THEIR LIVES THROUGH EDUCATION. THE FOUNDATION AWARDED NUMEROUS SCHOLARSHIPS DURING THE CURRENT YEAR, WITH A VAST MAJORITY TO STUDENTS ATTENDING MIAMI DADE COLLEGE. THE REMAINING SCHOLARSHIPS WERE AWARDED TO GRADUATES OF MDC FOR FURTHER STUDIES AT OTHER COLLEGES AND UNIVERSITIES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5303863 | Expense |
| Revenue | 661980 | Revenue |
| Description | THE SECOND LARGEST PROGRAM AREA IS GENERAL PROGRAM SUPPORT FOR MIAMI DADE COLLEGE. SUPPORT FOR THE COLLEGE'S SCHOOL OF NURSING, FOR EXAMPLE IS HELPING ALLEVIATE THE CRITIAL SHORTAGE OF NURSING PROFESSIONALS. THIS INCLUDES BOTH DIRECT PAYMENT OF EXPENSES ON BEHALF OF THE COLLEGE AND REIMBURSEMENT OF EXPENSES PAID BY THE COLLEGE. THE ORGANIZATION ALSO PROVIDES SUPPORT FOR THE MIAMI INTERNATIONAL FILM FESTIVAL WHICH IS HELD BY THE COLLEGE. THE FESTIVAL PRESENTS THE BEST OF EMERGING AND ESTABLISHED FILM TO THE LOCAL AND INTERNATIONAL COMMUNITY WITHIN AN EDUCATIONAL FRAMEWORK. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 13251344 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 46 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 17 | NumberOfEmployees |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LISA L MARION CPA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3052373222 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NE 2ND AVENUE RM 1427 | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33132 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| PENNY SHAFFER | |||||||
| BOARD MEMBER | 2.00 | X | X | 0 | 0 | 0 | |
| MIGUEL G FARRA | |||||||
| CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 | |
| EDUARDO J PADRON | |||||||
| PRESIDENT | 2.00 | X | X | 0 | 0 | 0 | |
| JULIE GRIMES | |||||||
| VICE CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 | |
| BEATRICE LOUISSAINT | |||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 | |
| AUGUSTO GIL | |||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 | |
| MARIA C ALONSO | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| SHELDON ANDERSON | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| MARSHALL M CRISER III | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| HELEN AGUIRRE FERRE | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| ARTHUR J FURIA | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| CAROL A LICKO ESQ | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| ANNABELLE ROJAS | |||||||
| EXECUTIVE DIRECTOR | 40.00 | X | X | 20511 | 0 | 980 | |
| JORGE A PLASENCIA | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| ALFREDO SALAS | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| ALEXANDRA VILLOCH | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| DR JOSE VINCENTE | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| LOUIS WOLFSON III | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| NAIROBI ABRAMS | |||||||
| DIRECTOR OF ALUMNI GIVING/ | 40.00 | 104777 | 0 | 13514 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 125288 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 14494 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 181201 | FundraisingEvents |
| All Other Contributions | 9199618 | AllOtherContributions |
| Total Contributions | 9380819 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND AWARDS | 900099 | 543642 | 543642 |
| MEMBERSHIP FEES | 900099 | 118338 | 118338 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 661980 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1896039 | TotalRevenueColumn |
| Exclusion | $1,896,039 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 42382016 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 40872273 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1509743 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1509743 | TotalRevenueColumn |
| Exclusion | $1,509,743 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 129431 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 181201 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 141877 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -12446 | TotalRevenueColumn |
| Exclusion | -$12,446 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| MISCELLANEOUS | 900099 | 46371 | $46,371 | |
| INVESTMENT INCOME | 900099 | 44306 | $44,306 | |
| PARTNERSHIP INCOME | 900099 | -1609 | -1609 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 89068 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13525203 | TotalRevenueColumn |
| Related Or Exempt Function Income | 661980 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -1609 | UnrelatedBusinessRevenue |
| Exclusion | $3,484,013 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7947481 | Total |
| Program Services | 7947481 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 242995 | Total |
| Management And General | 242995 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 515501 | Total |
| Program Services | 17080 | ProgramServices |
| Management And General | 498421 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23873 | Total |
| Management And General | 23873 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43826 | Total |
| Management And General | 43826 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50543 | Total |
| Management And General | 50543 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11844 | Total |
| Management And General | 11844 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53229 | Total |
| Management And General | 53229 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7000 | Total |
| Management And General | 7000 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 366621 | Total |
| Management And General | 366621 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 737795 | Total |
| Program Services | 461487 | ProgramServices |
| Management And General | 217213 | ManagementAndGeneral |
| Fundraising | 59095 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 259692 | Total |
| Program Services | 52467 | ProgramServices |
| Management And General | 207225 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 257417 | Total |
| Program Services | 79191 | ProgramServices |
| Management And General | 169088 | ManagementAndGeneral |
| Fundraising | 9138 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29358 | Total |
| Management And General | 29358 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39369 | Total |
| Program Services | 39369 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73933 | Total |
| Program Services | 71169 | ProgramServices |
| Management And General | 2764 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2000 | Total |
| Program Services | 2000 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24697 | Total |
| Management And General | 24697 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| DIRECT PROGRAM SUPPORT | 3970098 | 3497039 | 473059 |
| BAD DEBT EXPENSE | 632850 | 632850 | |
| ACTIVITIES & EVENTS | 298119 | 249364 | 48755 |
| AWARDS & RECOGNITIONS | 201847 | 201847 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1635 | Total |
| Management And General | 1635 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15791723 | Total |
| Program Services | 13251344 | ProgramServices |
| Management And General | 2472146 | ManagementAndGeneral |
| Fundraising | 68233 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2020665 | BOY |
| EOY | 3134597 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 652600 | BOY |
| EOY | 5357891 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 676987 | BOY |
| EOY | 472678 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 88260 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 88260 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50578589 | BOY |
| EOY | 61463688 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80226311 | BOY |
| EOY | 71574472 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 326701 | BOY |
| EOY | 305350 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134481853 | BOY |
| EOY | 142308676 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3688052 | BOY |
| EOY | 3915549 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14906976 | BOY |
| EOY | 17731068 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18595028 | BOY |
| EOY | 21646617 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4414899 | BOY |
| EOY | 4312696 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64005790 | BOY |
| EOY | 68621929 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47466136 | BOY |
| EOY | 47727434 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115886825 | BOY |
| EOY | 120662059 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134481853 | BOY |
| EOY | 142308676 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2266520 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 7040145 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 1609 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 16676102 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6907130 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9359581 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9123349 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9199618 | CurrentTaxYear |
| Total | 51265780 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 16676102 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6907130 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9359581 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9123349 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9199618 | CurrentTaxYear |
| Total | 51265780 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 22242354 | AmountsSubstContributorsTotal |
| Public Support Total170 | 29023426 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1871034 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1983137 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1625470 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1973467 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1896039 | CurrentTaxYear |
| Total | 9349147 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 920902 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2308 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8761 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1911 | CurrentTaxYearMinus1Year |
| Current Tax Year | -1609 | CurrentTaxYear |
| Total | 932273 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 16132 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 62650 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 204953 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 203527 | CurrentTaxYearMinus1Year |
| Current Tax Year | 90677 | CurrentTaxYear |
| Total | 577939 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 62125139 | TotalSupport |
| Gross Receipts From Admissions Etc | 4678196 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.46720 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.45410 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 7000 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 7000 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 15784724 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 15791724 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 939586 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 234897 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 879638 | CurrentYearMinus3 |
| Current Year Minus2 | 725879 | CurrentYearMinus2 |
| Current Year Minus1 | 784578 | CurrentYearMinus1 |
| Current Year | 939586 | CurrentYear |
| Total | 3329681 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,994,522 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 7000 | CurrentYearMinus3 |
| Current Year Minus2 | 7000 | CurrentYearMinus2 |
| Current Year Minus1 | 7500 | CurrentYearMinus1 |
| Current Year | 7000 | CurrentYear |
| Total | 28500 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 219910 | CurrentYearMinus3 |
| Current Year Minus2 | 181470 | CurrentYearMinus2 |
| Current Year Minus1 | 196145 | CurrentYearMinus1 |
| Current Year | 234897 | CurrentYear |
| Total | 832422 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,248,633 | GrassrootsCeilingAmount |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 87658315 | BeginningOfYearBalance |
| Contributions | 261298 | Contributions |
| Investment Earnings Or Losses | 9782580 | InvestmentEarningsOrLosses |
| Other Expenditures | 9092867 | OtherExpenditures |
| End Of Year Balance | 88609326 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 89654794 | BeginningOfYearBalance |
| Contributions | 1922724 | Contributions |
| Investment Earnings Or Losses | 729163 | InvestmentEarningsOrLosses |
| Other Expenditures | 4648366 | OtherExpenditures |
| End Of Year Balance | 87658315 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 79184347 | BeginningOfYearBalance |
| Contributions | 3840063 | Contributions |
| Investment Earnings Or Losses | 11319327 | InvestmentEarningsOrLosses |
| Other Expenditures | 4688943 | OtherExpenditures |
| End Of Year Balance | 89654794 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 59927324 | BeginningOfYearBalance |
| Contributions | 8774568 | Contributions |
| Investment Earnings Or Losses | 18906024 | InvestmentEarningsOrLosses |
| Other Expenditures | 8423569 | OtherExpenditures |
| End Of Year Balance | 79184347 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 82662401 | BeginningOfYearBalance |
| Contributions | 8170541 | Contributions |
| Investment Earnings Or Losses | -22964641 | InvestmentEarningsOrLosses |
| Other Expenditures | 7940977 | OtherExpenditures |
| End Of Year Balance | 59927324 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 88260 | OtherCostOrOtherBasis |
| Depreciation | 88260 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| OFFSHORE FUNDS | 29692864 | F |
| LIMITED PARTNERSHIPS | 3673194 | F |
| SHORT TERM INVESTMENTS | 5377158 | F |
| GOVERNMENT INVESTMENT POOLS | 15100188 | F |
| SECURITIES LENDING INVESTED COLLATERAL | 17731068 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 71574472 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SECURITIES LENDING PAYABLE | Description |
| Amount | $17,731,068 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 17731068 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 20472214 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7040146 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 130000 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 141877 | OtherRevenues |
| Revenue Not Rptd F990 | 7312023 | RevenueNotRptdF990 |
| Revenue Subtotal | 13160191 | RevenueSubtotal |
| Investment Expenses Not Included | 366621 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -1609 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 365012 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13525203 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15696980 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 130000 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 141877 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 271877 | ExpensesNotRptdF990 |
| Expenses Subtotal | 15425103 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 366620 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 366620 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 15791723 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES FOR SPECIAL EVENTS REPORTED ON PAGE 9, LINE 8B 141,877. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | UNRELATED BUSINESS INCOME LOSS FROM PARTNERSHIP -1,609. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES FOR SPECIAL EVENTS REPORTED ON PAGE 9, LINE 8B 141,877. |
| FIN 48 FOOTNOTE TO FINANCIAL STATEMENTS: THE FOUNDATION ASSESSES ITS TAX POSITION IN ACCORDANCE WITH "ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES" AS PRESCRIBED BY THE ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN FOR OPEN TAX YEARS (GENERALLY A PERIOD OF THREE YEARS FROM THE LATER OF EACH RETURN'S DUE DATE OR THE DATE FILED) THAT REMAIN SUBJECT TO EXAMINATION BY THE FOUNDATIONS MAJOR TAX JURISDICTIONS. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY ITS MAJOR TAXING AUTHORITIES FOR YEARS BEFORE MARCH 31, 2010. THE FOUNDATION ASSESSES ITS TAX POSITIONS AND DETERMINES WHETHER IT HAS MATERIAL UNRECOGNIZED LIABILITIES FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION RECORDS THESE LIABILITIES TO THE EXTENT THAT IT DEEMS THEM MORE LIKELY THAN NOT TO BE INCURRED. INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, WOULD BE CLASSIFIED AS A COMPONENT OF INCOME TAX EXPENSE. THE FOUNDATION BELIEVES THAT IS DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION OR MEASUREMENT IN THE ACCOMPANYING FINANCIAL STATEMENTS. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | HWSA GALA | NameOfEvent1 |
| Other Direct Expenses Event1 | 3537 | OtherDirectExpensesEvent1 |
| Name Of Event2 | HALL OF FAME GALA | NameOfEvent2 |
| Gross Receipts Event2 | 310632 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 181201 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 129431 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 138340 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 310632 | GrossReceiptsTotal |
| Charitable Contributions Total | 181201 | CharitableContributionsTotal |
| Gross Revenue Total Events | 129431 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 141877 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 141877 | DirectExpenseSummaryEvents |
| Net Income Summary | -12446 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS AND STUDENT AID | TypeOfGrant |
| Number Of Recipients | 1948 | NumberOfRecipients |
| Amount Of Cash Grant | 7947481 | AmountOfCashGrant |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE CHIEF FINANCIAL OFFICER AND BUDGET AND FINANCE COMMITTEE REVIEW A DRAFT OF THE FORM 990 PROVIDED BY THE TAX RETURN PREPARER. THE FINANCE DIRECTOR THEN WORKS WITH THE PREPARER TO FINALIZE THE RETURN. A COPY OF THE REVISED DRAFT IS ALSO PROVIDED TO MEMBERS OF THE BUDGET AND FINANCE COMMITTEE. THE FULL BOARD OF DIRECTORS REVIEWS THE REVISED DRAFT AT THE UPCOMING BOARD OF DIRECTORS MEETING. UPON APPROVAL, A FINAL COPY IS ISSUED TO THE TAXPAYER FOR FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE SECRETARY OF THE BOARD OF TRUSTEES REVIEWS ANNUAL DISCLOSURE STATEMENTS TO DETERMINE WHETHER A MATERIAL FINANCIAL INTEREST HAS BEEN DISCLOSED. IF A MATERIAL FINANCIAL INTEREST HAS BEEN DISCLOSED, THE SECRETARY PROMPTLY SUBMITS TO THE CHAIR OF THE BOARD AUDIT COMMITTEE, OR, IF THE INTERESTS INVOLVE THE CHAIR OF THE AUDIT COMMITTEE, ANOTHER MEMBER OF THE AUDIT COMMITTEE, SUCH DISCLOSURE FORMS TOGETHER WITH ANY ADDITIONAL INFORMATION ABOUT THE CURRENT OR PROPOSED TRANSACTION OR BUSINESS RELATIONSHIP THAT MAY GIVE RISE TO A CONFLICT OF INTEREST THAT THE SECRETARY IN CONSULTATION WITH THE AUDIT COMMITTEE BELIEVES MAY BE INFORMATIVE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | HUMAN RESOURCES FOR MIAMI DADE COLLEGE IS RESPONSIBLE FOR RECOMMENDING THE STARTING SALARY OF AN EMPLOYEE TO THE COLLEGE PRESIDENT OF DESIGNEE FOR FINAL APPROVAL. THE COLLEGE'S SALARY ADMINISTRATION POLICY ESTABLISHES COMPENSATION PRACTICES AND GUIDELINES THAT ARE FAIR, EQUITABLE AND CONSISTENT WITH ANY FEDERAL, STATE OR LOCAL LAWS AND REGULATORY STATUTES. THE COMPENSATION DEPARTMENT IN HUMAN RESOURCES IS RESPONSIBLE FOR REVIEWING AND MAINTAINING JOB DESCRIPTIONS FOR FULL-TIME AND PART-TIME POSITIONS, CLASSIFICATION OF NEW POSITIONS, AND RECLASSIFICATION REVIEWS FOR CURRENT EMPLOYEES. OTHER RESPONSIBILITIES INCLUDE PREPARING SALARY SURVEYS (LOCAL, STATE AND FEDERAL) ANNUAL REVIEW/MAINTENANCE OF SALARY SCHEDULE, INCLUDING JOB CODES AND SALARY RANGES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | FORM 990, PART VI, SECTION C, LINE 19: DOCUMENTS ARE MADE AVAILABLE UPON REQUEST BY E-MAIL OR REGULAR MAIL. | |
| FORM 990, PART XI, LINE 9: | SCHEDULE K-1 PARTNERSHIP INCOME NOT REPORTED FOR BOOK PURPOSES 1,609. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C: | THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR TO THE PROCESS RELATED TO AUDIT OVERSIGHT AND SELECTION OF THE INDEPENDENT ACCOUNTANT FOR THE ORGANIZATION. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIAMI DADE COLLEGE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NE 2ND AVENUE | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33132 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | COLLEGE EDUCATION | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 2 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Comments