2014-11-14T08:48:15-06:00 2014-06-30 232932984 PARENTEBEARD LLC 1200 ATWATER DRIVE SUITE 225 MALVERN PA 19355 990 2013-07-01 237454575 LEHIGH CARBON COMMUNITY COLLEGE FOUNDATION LEHI 6107991711 4525 EDUCATION PARK DRIVE SCHNECKSVILLE PA 180782598 ELLEN MILLARD-KERN CHAIRPERSON 6107991711 2014-09-30 1 JULIUS GREEN CPA JD P00350393 6106478100 2013 2015-11-30 17:44:51Z ELLEN MILLARD-KERN 4525 EDUCATION PARK DRIVE SCHNECKSVILLE PA 180782598 2726212 0 X WWW.LCCC.EDU/FOUNDATION X 1975 PA LCCC FOUNDATION GENERATES THE PHILANTHROPIC RESOURCES TO SUPPORT THE COLLEGE'S MISSION & PROGRAMS. 21 20 0 70 0 0 815107 553891 0 0 176597 227069 411150 478583 1402854 1259543 674945 570274 0 0 0 0 0 0 16653 115299 82467 790244 652741 612610 606802 12825761 14121058 56313 47063 12769448 14073995 X LCCC FOUNDATION GENERATES THE PHILANTHROPIC RESOURCES SUCH AS SCHOLARSHIPS AND OTHER STUDENT FUNDING TO SUPPORT THE COMMUNITY COLLEGE'S MISSION, PROGRAMS, AND CAPITAL PROJECTS THAT HELP TURN STUDENT ASPIRATIONS INTO REALITY THROUGH EDUCATION. 0 0 570462 570274 0 ALL FUNDING GENERATED IS DIRECTED TOWARD SCHOLARSHIPS FOR LEHIGH CARBON COMMUNITY COLLEGE (LCCC) STUDENTS OR TOWARD THE PURPOSES FOR WHICH DONORS HAVE MADE THEIR DONATIONS, SUCH AS CAPITAL IMPROVEMENTS (NEW ATHLETIC FIELDS). THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO THE STUDENTS AND GRADUATES OF LCCC, AS WELL AS TO THE COLLEGE ITSELF. IN ADDITION TO ANNUAL OPERATING SUPPORT OF OVER $500,000 GIVEN TO THE COLLEGE BY THE FOUNDATION, AN ANNUAL GIFT OF $75,000 IS GIVEN TO THE COLLEGE WITH THE ONLY RESTRICTION THAT THE FUNDS BE USED FOR STUDENT SCHOLARSHIPS, WHICH DURING THE FISCAL YEAR ENDING JUNE 30, 2014 HELPED WITH THE TUITION OF AT LEAST 65 STUDENTS. IN ADDITION, STUDENTS WERE PROVIDED WITH REVENUE FROM NEARLY 30 SCHOLARSHIP AND AWARD FUNDS, INCLUDING AN ENDOWED FUND THAT COVERS TUITION AND FEES FOR THE LAST TWO YEARS OF QUALIFIED LCCC GRADUATES' BACHELOR'S DEGREES AT SELECT PA INSTITUTIONS. THE FOUNDATION AGAIN FUNDED MORE THAN 70 STUDENTS WITH SCHOLARSHIPS FOR ENGLISH AS A SECOND LANGUAGE AND GED STUDY AND TESTING AT THE COLLEGE, AND ESTABLISHED A NEW ENDOWMENT FUND OF $160,000 FOR SCHOLARSHIPS THAT WILL BE MATCHED BY AN EQUAL AMOUNT FROM THE FEDERAL TITLE III PROGRAM GRANT THE COLLEGE RECEIVED LAST YEAR. 570462 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X X TIM HERRLINGER MSIT EXECUTIVE DIRECTOR 6107991711 4525 EDUCATION PARK DRIVE SCHNECKSVILLE PA 180782598 MS ELLEN MILLARD-KERN CHAIRPERSON 0.10 X X 0 0 0 MS KATHY KOVATCH REAMAN VICE-CHAIR & SECRETARY 0.10 X X 0 0 0 MR JOHN T CATHERS JR BOARD MEMBER 0.10 X 0 0 0 MR THOMAS D OLEKSA TREASURER, CHAIR, FINANCE 0.10 X X 0 0 0 MS ANNABELLE CREVELING TRUSTEE REPRESENTATIVE 0.10 X 0 0 0 MR TONY BOYLE BOARD MEMBER 0.10 X 0 0 0 MS JAN CREEDON BOARD MEMBER 0.10 X 0 0 0 MR SEAN DALLAS BOARD MEMBER 0.50 39.50 X 0 78136 44790 MS ROBIN FLORES BOARD MEMBER 0.10 X 0 0 0 MR RONALD GLASS BOARD MEMBER 0.10 X 0 0 0 MR CHRISTOPHER C JORDAN BOARD MEMBER 0.10 X 0 0 0 MR RICHARD KERN BOARD MEMBER 0.10 X 0 0 0 MR BERNARD M LESAVOY BOARD MEMBER 0.10 X 0 0 0 MR DAVID LOBACH BOARD MEMBER 0.10 X 0 0 0 MR RON NEIMEYER BOARD MEMBER 0.10 X 0 0 0 MR KENT C NEWHART BOARD MEMBER 0.10 X 0 0 0 MR DALE ROTH BOARD MEMBER 0.10 X 0 0 0 MS CHRISTINA SHOEMAKER BOARD MEMBER 0.10 X 0 0 0 MS BETTY SMITH BOARD MEMBER 0.10 X 0 0 0 MR WILLARD SNYDER BOARD MEMBER 0.10 X 0 0 0 MR MARK THOMPSON BOARD MEMBER 0.10 X 0 0 0 MR TIM J HERRLINGER MSIT EXECUTIVE DIRECTOR 40.00 X 0 74211 35525 0 152347 80315 0 0 0 0 0 59829 494062 8694 553891 108941 108941 583475 91603 491872 491872 491872 1454830 1336702 118128 118128 118128 22431 59829 38364 -15933 -15933 REIMBURSEMENT OF EXPENSES 900099 1710 1710 MISCELLANEOUS REVENUE 900099 934 934 2644 1259543 0 0 705652 531327 531327 38947 38947 1000 1000 2400 2400 33851 33851 10188 188 10000 400 400 2114 2114 420 420 14950 14950 IN KIND DONATED GOODS 8694 8694 MAIL PRODUCTION 3988 3988 EVENT EXPENSES 2505 2505 STEWARDSHIP MATERIALS 1466 1466 491 491 652741 570462 65626 16653 51638 13845 501453 817601 359886 406051 13000 0 1080 1481 6679617 1017050 5754171 5662567 6144533 7146306 0 73207 12825761 14121058 56313 47063 56313 47063 X 10218198 10452282 871608 1725064 1679642 1896649 12769448 14073995 12825761 14121058 606802 697745 0 X 0 1 X 1 0 X 568636 273493 157235 815107 553891 2368362 568636 273493 157235 815107 553891 2368362 262509 2105853 573752 582675 601150 552230 692416 3002223 1602 2644 4246 5374831 5028 0.39180 0.33970 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EXPENSE REIMBURSEMENTS - 2013 AMOUNT: $ 1,710. MISCELLANEOUS REVENUE - 2012 AMOUNT: $ 1,602. 2013 AMOUNT: $ 934. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2684560 162750 312751 42875 3117186 2101072 500222 83266 2684560 2117147 7986 -24061 2101072 2008536 312 108299 2117147 1948683 20000 39853 2008536 0.33410 0.60840 0.05750 0 0 572725 572725 6106892 1017050 5089842 5662567 X 2088280 697745 1025 698770 1389510 -129967 -129967 1259543 783733 1025 129967 130992 652741 0 652741 PART V, LINE 4: ALL ENDOWMENT FUNDS ARE RESTRICTED BY THE DONOR OR BY THE BOARD SPECIFICALLY FOR THE USE OF THE COLLEGE TO FURTHER ITS MISSION THROUGH SCHOLARSHIPS AND RELATED FUNDING. PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS FOR 2013, 2012, AND 2011 REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE FOUNDATION'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -38,364. RENTAL EXPENSES -91,603. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 38,364. RENTAL EXPENSES 91,603. GOLF TOURNAMENT 40970 21304 19666 4351 4800 6520 1739 CLAYSHOOT 30440 30135 305 1275 2045 9028 2755 707 1 10850 8390 2460 3057 1200 887 82260 59829 22431 1275 6396 13828 12332 1200 3333 38364 -15933 1 LEHIGH CARBON COMMUNITY COLLEGE 4525 EDUCATION PARK DRIVE SCHNECKSVILLE PA 18078 231670163 501(C)(3) 298098 227537 FMV PROPERTY ASSIST IN SUPPORTING ITS EDUCATIONAL FUNCTIONS 1 SCHOLARSHIPS 23 38947 PART I, LINE 2: ALL GRANTS ARE SCHOLARSHIPS TO PARTICULAR STUDENTS/ALUMNI AS PART OF A SPECIFIC SCHOLARSHIP PROGRAM. GRANTEES HAVE THEIR FUNDING SENT DIRECTLY TO THE RECIPIENT INSTITUTION - NO GRANTEE RECEIVES DIRECT FUNDING. ALL GRANTS TO THE COLLEGE ARE REFLECTIVE OF COLLEGE PRIORITIES INCLUDING SCHOLARSHIPS AND OTHER FINANCIAL AID, PURSUANT TO THE FOUNDATION AND COLLEGE MISSIONS, AND ARE CONTRIBUTED FROM ESTABLISHED FOUNDATION ACCOUNTS WITH SPECIFICALLY DESIGNATED PURPOSES. THE LCCC FOUNDATION STRIVES TO HAVE A FUND DOCUMENT FOR EACH ESTABLISHED ACCOUNT DESCRIBING ITS ORIGIN, PURPOSE, AND MECHANISM. BY THE TERMS OF THE OPERATING AGREEMENT BETWEEN THE COLLEGE AND THE FOUNDATION, THE COLLEGE MAY FROM TIME TO TIME MAKE ADDITIONAL REQUESTS FOR FUNDING, WHICH ARE RUN THROUGH AN ESTABLISHED PROCESS OF REVIEW AND CONSIDERATION BY THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR OF THE FOUNDATION AND THE COLLEGE'S CONTROLLER PERFORM AN INITIAL REVIEW OF THE FORM 990. ONCE THEY ARE SATISFIED, THE RETURN IS PROVIDED TO THE BOARD OF DIRECTORS IN ADVANCE OF FILING. THE DIRECTORS ARE GIVEN SEVERAL WEEKS TO REVIEW AND COMMENT. ALL COMMENTS ARE NOTED BEFORE THE FORM IS FILED. FORM 990, PART VI, SECTION B, LINE 12C A DIRECTOR IS SELECTED AS COMPLIANCE OFFICER FOR THE FISCAL YEAR AND IS DESIGNATED AS THE INITIAL ARBITER FOR CONFLICTS. THE BOARD REVIEWS THE ARBITER'S REVIEW OF THE SITUATION, IF ANY, AND DETERMINES WHETHER A COURSE OF ACTION IS NECESSARY. THE EXECUTIVE DIRECTOR OR ANOTHER BOARD-DESIGNEE CARRIES OUT THE ACTIONS OF THE BOARD. ALL DIRECTORS AND THE EXECUTIVE DIRECTOR ARE COVERED UNDER THE POLICY, WHICH IS RENEWED ANNUALLY. THERE ARE NO RESTRICTIONS ON PERSONS WITH A CONFLICT UNLESS THE BOARD DEEMS IT IN THE BEST INTEREST OF THE FOUNDATION AND THE COLLEGE. IN ADDITION TO ANNUAL RESEARCH BY THE EXECUTIVE DIRECTOR, EACH DIRECTOR COMPLETES A CONFLICT OF INTEREST FILING THAT INCLUDES, AMONG OTHER ITEMS, THE REPORTING OF FAMILIAL RELATIONSHIPS. ALTHOUGH THE FORM DOES NOT SPECIFICALLY MENTION BUSINESS RELATIONSHIPS, THESE ARE DISCUSSED AT THE ANNUAL MEETING WHEN THE NEW FISCAL YEAR FORMS ARE DISSEMINATED. FOUNDATION BOARD MEMBERS ARE EXPECTED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. THEY SHOULD IDENTIFY IN WRITING ANY SUCH CONFLICTS TO THE CHAIRMAN OF THE BOARD PRIOR TO ENGAGING IN THE ACTIVITY THAT POSES THE POTENTIAL CONFLICT. IF A CONFLICT OF INTEREST IS FOUND TO EXIST, THE BOARD MEMBER INVOLVED SHOULD RECUSE HIMSELF/HERSELF FROM PARTICIPATION IN DECISIONS ON BEHALF OF THE FOUNDATION THAT AFFECT HIS/HER PERSONAL INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART V, LINE 2 & FORM 990,PART VI, LINE 15: NO DIRECTOR RECEIVES COMPENSATION FROM THE FOUNDATION. THE EXECUTIVE DIRECTOR IS PAID BY THE COLLEGE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION IN THE OFFICE OF THE FOUNDATION, 4525 EDUCATION PARK DRIVE, SCHENCKSVILLE, PA 18078 BETWEEN 8AM AND 5PM DAILY MONDAY THROUGH FRIDAY. ALL DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART VII THE EXECUTIVE DIRECTOR IS COMPENSATED BY ITS RELATED ENTITY, LEHIGH CARBON COMMUNITY COLLEGE. THE COLLEGE HAS A COMPENSATION DETERMINATION PROCESS IN PLACE WHICH ENSURES THAT ALL OFFICERS' COMPENSATION IS WITHIN FAIR MARKET RANGE FOR THE INDUSTRY. LEHIGH CARBON COMMUNITY COLLEGE 4525 EDUCATION PARK DRIVE SCHNECKSVILLE PA 18078 231670163 COMMUNITY COLLEGE PA 501(C)(3) 6 N/A 0 0 1 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0