2013-10-24T11:47:55-05:00 2013-06-30 271780668 HUBBARD DAVIS CPAS LLP 990 LAKE HUNTER CIRCLE STE 207 MOUNT PLEASANT SC 29464 990 2012-07-01 570699317 TRIDENT TECHNICAL COLLEGE FOUNDATION INC TRID 8435746600 PO BOX 61227 CHARLESTON SC 294191227 KIMBERLEY D STURGEON 8435746600 2013-10-24 1 CAROL HUBBARD P00412970 8438813315 2013-10-10 2012 2016-03-07 17:11:31Z KIMBERLEY D STURGEON PO BOX 61227 CHARLESTON SC 294191227 3847921 0 X WWW.TRIDENTTECH.EDU/FOUNDATION X 1975 SC THE FOUNDATION EXISTS TO BRIDGE THE GAP BETWEEN NEEDS AND RESOURCES OF THE COLLEGE. 64 64 0 139 0 0 1914902 3079784 0 0 261477 352418 261996 268845 2438375 3701047 884217 1235363 0 0 0 0 141834 126170 151170 228557 225046 1254608 1586579 1183767 2114468 6802652 9017594 270994 328560 6531658 8689034 X ESTABLISHED IN 1975, THE TRIDENT TECHNICAL COLLEGE FOUNDATION EXISTS TO RAISE FUNDS TO HELP BRIDGE THE GAP BETWEEN NEEDS AND RESOURCES FOR TTC STUDENTS AND EMPLOYEES. THE FOUNDATION OPERATES INDEPENDENTLY OF THE COLLEGE AS A 501(C)(3) NONPROFIT CORPORATION. 0 0 289032 289032 SCHOLARSHIPSTHE TRIDENT TECHNICAL COLLEGE FOUNDATION MADE 204 SCHOLARSHIP AWARDS TOTALING $205,000 IN THE 2012-13 FISCAL YEAR. SCHOLARSHIPS HELP OFFSET THE COST OF TUITION, FEES, BOOKS, CHILDCARE AND TRANSPORTATION FOR ELIGIBLE STUDENTS. THE SCHOLARSHIP FUNDS, SUPPORTED BY INDIVIDUALS, BUSINESSES AND OTHER FOUNDATIONS, ARE COMPETITIVE AND BASED ON CRITERIA ESTABLISHED BY THE DONORS AND THE FOUNDATION. AS OF 6/30/13, THE FOUNDATION ADMINISTERS A TOTAL OF 130 SCHOLARSHIP FUNDS, 19 OF WHICH ARE PERMANENTLY RESTRICTED. 57845 57845 TUITION ASSISTANCE/CREDIT COURSE REIMBURSEMENT PROGRAMSTHE TTC FOUNDATION PROVIDES FINANCIAL SUPPORT, UP TO AN ANNUALLY BUDGETED AMOUNT, FOR FULL-TIME PERMANENT EMPLOYEES OF THE COLLEGE TO TAKE CREDIT COURSES AT TTC OR OTHER ACCREDITED INSTITUTIONS OF HIGHER EDUCATION. BOTH PROGRAMS ARE BASED ON AVAILABILITY OF FUNDS. FOR THE FISCAL YEAR 2012-13, $57,845 WAS AWARDED AS PART OF THESE TWO PROFESSIONAL DEVELOPMENT PROGRAMS. THE TTC FOUNDATION WILL PAY FOR TUITION AND REQUIRED BOOKS FOR UP TO FOUR SEMESTER CREDIT HOURS PER TERM FOR ANY TTC COURSE FOR WHICH AN EMPLOYEE IS QUALIFIED. CREDIT COURSE ASSISTANCE WILL REIMBURSE FULL-TIME PERMANENT EMPLOYEES $200 PER COURSE (BASED ON SUCCESSFUL COMPLETION AND GRADE OF A OR B) AT AN OUTSIDE INSTITUTION FOR TUITION, BOOKS AND FEES. AN EMPLOYEE MAY RECEIVE UP TO $1,000 DURING A SINGLE FISCAL YEAR FOR REIMBURSEMENT OF A MAXIMUM OF FIVE COURSES. BOTH THE TUITION ASSISTANCE AND CREDIT COURSE REIMBURSEMENT PROGRAMS REQUIRE SUPERVISOR AND VICE PRESIDENT APPROVAL. 60000 60000 MINI-GRANTSTHE MINI-GRANT PROGRAM PROVIDES FUNDS TO FACULTY AND STAFF FOR EQUIPMENT, MATERIALS AND SPECIAL RESOURCES TO ENHANCE STUDENT SUCCESS. PRIORITY IS GIVEN TO REQUESTS THAT DIRECTLY IMPACT STUDENT LEARNING IN THE CLASSROOM. THE PROGRAM IS DESIGNED TO ENHANCE THE LEARNING EXPERIENCE OF TTC STUDENTS WHILE BRIDGING THE GAP BETWEEN INSTRUCTIONAL NEEDS AND DEPARTMENTAL BUDGET CONSTRAINTS. THE FOUNDATION BOARD DETERMINES THE ANNUAL ALLOCATION FOR MINI-GRANT AWARDS. INDIVIDUAL AWARDS CANNOT EXCEED $1,600 AND ARE AWARDED BASED ON A COMPETITIVE APPLICATION PROCESS. SOURCES OF FINANCIAL SUPPORT FOR THE MINI-GRANT PROGRAM INCLUDE THE FOUNDATION'S ANNUAL CAMPAIGN, TRUSTEE CAMPAIGN, EMPLOYEE CAMPAIGN AND INVESTMENT RETURNS. FOR THE 2012-13 FISCAL YEAR, $60,000 WAS AWARDED IN MINI-GRANT SUPPORT FROM THE FOUNDATION. 934533 828486 934533 828486 1341410 1 1 0 1 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 13 0 0 0 0 0 0 1 1 1 1 0 0 X 64 64 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X KIMBERLEY STURGEON 8435746600 7000 RIVERS AVE BLDG 900 CHARLESTON SC 29406 WILLIAM E CRAVER III 4.00 X X 0 0 0 G REID BANKS 4.00 X X 0 0 0 ANDREA D LIMEHOUSE 4.00 X X 0 0 0 WILLIAM C HUDSON 2.00 X 0 0 0 ROBERT F CLAIR JR 4.00 X 0 0 0 JAMES B BAGWELL III 4.00 X 0 0 0 JOHN W MOLONY 4.00 X 0 0 0 GEORGE J BULLWINKEL III 4.00 X 0 0 0 JAMES W MARTIN 4.00 X 0 0 0 CHARLES S CARMODY 4.00 X 0 0 0 ROBERT O COLLINS JR 4.00 X 0 0 0 CLARA C VARGA-GONZALES 4.00 X 0 0 0 CHARLES F BAARCKE JR 2.00 X 0 0 0 ELIZABETH BAMBERG 2.00 X 0 0 0 THOMAS G BUIST JR 2.00 X 0 0 0 RANDY L BYERLY 2.00 X 0 0 0 RUSSELL B CORBIN 2.00 X 0 0 0 DAVID L DUNLAP 2.00 X 0 0 0 JOHN EDWARDS 2.00 X 0 0 0 RICHARD D ELLIOTT 2.00 X 0 0 0 SCOTT FENNELL 2.00 X 0 0 0 WILLIAM A FINN 2.00 X 0 0 0 FORREST W FOSHEE 2.00 X 0 0 0 TODD GALLATI 2.00 X 0 0 0 DAVID T GINN 2.00 X 0 0 0 LARRY C HARGROVE 2.00 X 0 0 0 WILLIAM S HELMLY 2.00 X 0 0 0 CAROLYN D HUNTER 2.00 X 0 0 0 LEONARD L HUTCHINSON III 2.00 X 0 0 0 ANN IRVIN 2.00 X 0 0 0 HAL JONES 2.00 X 0 0 0 B THOMAS KAYS 2.00 X 0 0 0 CHRISTOPHER A LATHAM 2.00 X 0 0 0 MARK A LATTANZIO 2.00 X 0 0 0 MICHEAL G LEATHERWOOD 2.00 X 0 0 0 JOHN M MITCHELL 2.00 X 0 0 0 SALVATORE A MOSCATELLO 2.00 X 0 0 0 BRUCE D MURDY 2.00 X 0 0 0 ROBERT W PEARCE JR 2.00 X 0 0 0 M WAYNE PHILLIPS 2.00 X 0 0 0 ROBERT L PRATT 2.00 X 0 0 0 GEOFFREY L SCHULER 2.00 X 0 0 0 KENNETH T SEEGER 2.00 X 0 0 0 WILLIAM B SETTLEMYER 2.00 X 0 0 0 LANNEAU H SIEGLING 2.00 X 0 0 0 JANIE M SINACORE-JABERG 2.00 X 0 0 0 NANCY C SNOWDEN 2.00 X 0 0 0 PETER A STEKETEE 2.00 X 0 0 0 SUSAN M STEVENS 2.00 X 0 0 0 RANDALL C STONEY JR 2.00 X 0 0 0 CATHERINE L STUHR 2.00 X 0 0 0 OL THOMPSON 2.00 X 0 0 0 ERIC N WAGES 2.00 X 0 0 0 WILLIAM M WATSON 2.00 X 0 0 0 STUART D WHITESIDE 2.00 X 0 0 0 AJ BATLA 1.00 X 0 0 0 C RONALD COWARD 1.00 X 0 0 0 RICHARD K GREGORY 1.00 X 0 0 0 AL HUTCHINSON JR 1.00 X 0 0 0 THOMAS A MAYBERRY 1.00 X 0 0 0 JAMES C MURRY 1.00 X 0 0 0 HERMAN B SPEISSEGGER JR 1.00 X 0 0 0 SAMUEL STEINBERG 1.00 X 0 0 0 DAVID B YARBOROUGH 1.00 X 0 0 0 KIMBERLEY STURGEON 20.00 20.00 X X 0 102989 0 0 102989 0 0 0 0 0 TRIDENT TECHNICAL COLLEGE 7116 RIVERS AVENUE N CHARLESTON SC 29419 SCHOLARSHIP AWARDS 1341410 1 68265 3011519 3079784 165729 165729 186689 0 186689 186689 186689 415719 68265 146874 268845 268845 3701047 352418 0 268845 1235363 1235363 126170 126170 28480 28480 16111 16111 1574 1574 5463 5463 STIPENDS 59380 59380 SALARY REIMBURSEMENT 50000 10000 15000 25000 LOBBYING EXPENSE 36667 36667 OTHER EXPENSE 16347 16347 11024 11024 1586579 1341410 93999 151170 78 78 346574 502590 2010651 3498351 16882 17814 4418105 4988299 10362 10462 6802652 9017594 270994 328560 270994 328560 X 2108281 2581083 3167258 3907760 1256119 2200191 6531658 8689034 6802652 9017594 X 2114468 46342 -3434 X X 0 1 X 1 0 X 790227 710569 1296296 1914902 3145274 7857268 790227 710569 1296296 1914902 3145274 7857268 7857268 88856 87239 106125 157295 165729 605244 183557 228487 268165 261996 203355 1145560 9608072 0.81780 0.75140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36667 0 0 0 0 0 1 36667 0 0 0 36667 0 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: FUNDS USED TO REPRESENT THE INTERESTS OF TRIDENT TECHNICAL COLLEGE AND ITS STUDENTS. 2476583 2563802 70559 -1075715 4035229 2706598 542827 -61520 -711322 2476583 2424943 85751 505758 -309854 2706598 2309203 99495 282998 -266753 2424943 2998735 98309 -439121 -348720 2309203 0.45000 0.55000 0 0 0 FIXED INCOME 1830657 F MONEY MARKET 59540 F EQUITIES 2559798 F REAL ESTATE FUNDS 538304 F 4988299 3715475 46342 -3434 42908 3672567 28480 28480 3701047 1558099 0 1558099 28480 28480 1586579 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT PART V, LINE 4 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS THE INTEREST EARNED ON ENDOWED FUNDS HELPS SUPPORT THE OPERATIONAL BUDGET OF THE FOUNDATION ENDOWED FUNDS ALSO SHOW THAT DONORS TRUST THE ORGANIZATION AND BELIEVE IN THE LONGEVITY OF THE FOUNDATION. PART XI, LINE 8 - OTHER ADJUSTMENTS CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT. PART XII, LINE 2D - OTHER ADJUSTMENTS CHANGES IN VALUE OF SPLIT INTEREST AGREEMENT. X X 1 WINKLER CONSULTING GROUP C/O PO BOX 61227 CHARLESTON SC 294191227 MANAGE CAPITAL CAMPAIGN 0 1561000 0 1561000 1561000 1561000 WINE EVENT 483984 68265 415719 146874 483984 68265 415719 146874 146874 268845 0 TRIDENT TECHNICAL COLLEGE PO BOX 118067 CHARLESTON SC 29423 570440170 1235363 FMV TO PROVIDE PROGRAM ASSISTANCE TO THE COLLEGE. PROCEDURE FOR MONITORING GRANTS IN THE US PART I, LINE 2 SCHOLARSHIPS ARE ELECTRONICALLY APPLIED FOR BY EACH INDIVIDUAL STUDENT. THE COMPUTER SYSTEM COMPARES THE DATA PER THE APPLICATION TO THE SCHOLARSHIP CRITERIA AND IDENTIFIES THE QUALIFIED APPLICANTS. A COMMITTEE THEN REVIEWS THE SELECTION OF STUDENTS WHO HAVE QUALIFIED FOR EACH SCHOLARSHIP AND SELECTS THE WINNING STUDENTS. THE MONEY FOR EACH SCHOLARSHIP IS PUT ON THE STUDENTS ACCOUNT FOR THE FOLLOWING SEMESTER CREDIT COURSE AND TUITION REIMBURSEMENT - SEE 990 PART III, LINE 4B MONITORING GRANTS - GRANTS ARE MONITORED AS REQUESTED BY THE GRANTOR. X SPECIAL EVENT FOOD AND SUPPLIES 65490 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANZIATION EXECUTIVE DIRECTOR AND OTHERS REVIEW THE 990 PRIOR TO ITS RELEASE. FORM 990, PART VI, SECTION B, LINE 12C IF AND WHEN A CONTRACT FOR THE COLLEGE OR FOUNDATION IS UP FOR BID, THE ORGANIZATION MAKES SURE TO INCLUDE, BUT NOT GIVE SPECIAL CONSIDERATION TO ANY ONE WHO HOLDS A RELATIONSHIP WITH THE COLLEGE AND/OR FOUNDATION TRUSTEES WITH A RELATIONSHIP WITH BIDDERS RECUSE THEMSELVES FROM VOTING ON SUCH MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR IS A STATE EMPLOYEE WHOSE SALARY IS SET BY THE STATE LAW. ANY ADDITIONAL BONUSES OR SALARY ADJUSTMENTS ARE CONSIDERED BY THE EXECUTIVE COMMITTEE BASED ON COMPENSATION TO OTHER SIMILAR POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -3,434. OVERSIGHT OF THE AUDIT, REVIEW OR COMPILATION OF THE FINANCIAL STATEMENTS THE FOUNDATION HAS AN AUDIT COMMITTEE THAT ASSUMES THE RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. TRIDENT TECHNICAL COLLEGE PO BOX 118067 CHARLESTON SC 29423 570440170 EMPOWERING INDIVIDUALS THROUGH EDUCATION AND TRAINING SC 501(C)(3) 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 TRIDENT TECHNICAL COLLEGE B TRIDENT TECHNICAL COLLEGE K TRIDENT TECHNICAL COLLEGE L TRIDENT TECHNICAL COLLEGE N TRIDENT TECHNICAL COLLEGE O TRIDENT TECHNICAL COLLEGE P