2013-07-08T16:35:18-05:00 2012-08-31 LOVVORN & KIESCHNICK LLP 418 PEOPLES STE 308 CORPUS CHRISTI TX 784012350 990 2011-09-01 742991996 COASTAL BEND COLLEGE FOUNDATIONINC COAS 3613542267 3800 CHARCO ROAD BEEVILLE TX 78102 GEORGE P TRACE MORRILL III 3613542267 2013-06-25 true FRANK LOVVORN 3618848897 2013-06-25 2011 2016-02-24 21:20:13Z GEORGE P TRACE MORRILL III 3800 CHARCO ROAD BEEVILLE TX 78102 50041 false X HTTP://WWW.COASTALBEND.EDU X 2000 TX THE COASTAL BEND COLLEGE FOUNDATION IS A FINANCIALLY EMPOWERED NOT-FOR-PROFIT ORGANIZATION WHOSE PURPOSE IS TO IMPROVE THE FISCAL STABILITY AND VISIBILITY OF COASTAL BEND COLLEGE. THE MISSION IS TO FUND INSPIRED CURRICULUM, FACULTY DEVELOPMENT, BUILDING MODERNIZATION AND INNOVATIVE STUDENT SERVICES PROJECTS TO ENABLE COASTAL BEND COLLEGE TO CONTINUE TO MEET THE DYNAMIC EDUCATIONAL AND ECONOMIC NEEDS OF THE STUDENTS, COMMUNITIES AND INDUSTRIES IT SERVES. THE COASTAL BEND COLLEGE FOUNDATION, INC., ESTABLISHED IN 2000 FOR THE SOLE PURPOSE OF ASSISTING THE COLLEGE IN PERFORMING ITS MISSION, RECEIVES, AND ADMINISTERS PRIVATE GIFTS, BEQUESTS AND DONATIONS TO BENEFIT COASTAL BEND COLLEGE STUDENTS AND TO ENHANCE THE QUALITY OF TEACHING AND LEARNING AT THE COLLEGE. GIFTS TO THE FOUNDATION SUPPORT PROGRAMS AND ACTIVITIES NOT FUNDED THROUGH TRADITIONAL SOURCES. AT THE SAME TIME, THE FOUNDATION PROVIDES ASSSISTANCE TO DONORS THROUGH A COMPREHENSIVE PROGRAM OF TAX-WISE ALTERNATIVES THROUGH PLANNED 15 15 0 0 11515 27470 0 14536 22571 0 26051 50041 0 0 0 0 0 2328 8189 2328 8189 23723 41852 905498 976371 0 905498 976371 X THE COASTAL BEND COLLEGE FOUNDATION IS A FINANCIALLY EMPOWERED NOT-FOR-PROFIT ORGANIZATION WHOSE PURPOSE IS TO IMPROVE THE FISCAL STABILITY AND VISIBILITY OF COASTAL BEND COLLEGE. THE MISSION IS TO FUND INSPIRED CURRICULUM, FACULTY DEVELOPMENT, BUILDING MODERNIZATION AND INNOVATIVE STUDENT SERVICES PROJECTS TO ENABLE COASTAL BEND COLLEGE TO CONTINUE TO MEET THE DYNAMIC EDUCATIONAL AND ECONOMIC NEEDS OF THE STUDENTS, COMMUNITIES AND INDUSTRIES IT SERVES. THE COASTAL BEND COLLEGE FOUNDATION, INC., ESTABLISHED IN 2000 FOR THE SOLE PURPOSE OF ASSISTING THE COLLEGE IN PERFORMING ITS MISSION, RECEIVES, AND ADMINISTERS PRIVATE GIFTS, BEQUESTS AND DONATIONS TO BENEFIT COASTAL BEND COLLEGE STUDENTS AND TO ENHANCE THE QUALITY OF TEACHING AND LEARNING AT THE COLLEGE. GIFTS TO THE FOUNDATION SUPPORT PROGRAMS AND ACTIVITIES NOT FUNDED THROUGH TRADITIONAL SOURCES. AT THE SAME TIME, THE FOUNDATION PROVIDES ASSSISTANCE TO DONORS THROUGH A COMPREHENSIVE PROGRAM OF TAX-WISE ALTERNATIVES THROUGH PLANNED false false N/A FOR 8/31/12 true true false false false false false false false true false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false true false true 0 0 true 0 false false false false false false false false false false false false X 15 15 false false true false false false false true true false false true true false true false false false false false X LISA GARZA COASTAL BEND COLLEGE 3613542212 3800 CHARCO ROAD BEEVILLE TX 78102 X GEORGE P TRACE MORRILL III 1.00 X X 0 0 0 JAMES KIRKPATRICK 1.00 X X 0 0 0 DAREN WILDER 1.00 X X 0 0 0 JOHN W GALLOWAY 1.00 X X 0 0 0 JUNE HURLEY 1.00 X X 0 0 0 BRIDGET O'BRIEN GAYLE 1.00 X X 0 0 0 RW DIRKS 1.00 X 0 0 0 LAURA FISCHER 1.00 X 0 0 0 AL GARCIA 1.00 X 0 0 0 MAGGIE HUNT 1.00 X 0 0 0 LOU ADELE MAY 1.00 X 0 0 0 CLARE ATKINSON WONDERS 1.00 X 0 0 0 BEATRIZ T ESPINOZA 1.00 X 0 0 0 BILL FINDLEY 1.00 X 0 0 0 DAN HUGHES 1.00 X 0 0 0 CHRISTY LANSFORD 1.00 X 0 0 0 ANNA MARINA GARZA 1.00 X 0 0 0 false false false 27470 27470 22571 22571 50041 22571 8189 8189 8189 0 8189 0 92837 119833 812661 856538 905498 976371 0 0 X 3504 16410 413927 471894 488067 488067 905498 976371 905498 976371 X 41852 29021 X false true true X false X 21710 72596 222726 11515 27470 356017 21710 72596 222726 11515 27470 356017 356017 55060 16303 14160 14536 22571 122630 350 350 478997 22571 0.74330 0.73310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 621031 38661 -6064 653628 540147 82614 -1730 621031 513943 26204 540147 0.74670 0.25330 false false false 50041 8189 41852 29521 29521 71373 119769 29521 40207 69728 50041 50041 48396 40207 40207 8189 8189 SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PAGE 4, PART XIV ENDOWMENTS TYPICALLY CALL FOR A PRERCENTAGE OF INTEREST EARNED TO BE USED FOR SCHOLARSHIPS AND THE REST ADDED TO THE ENDOWMENT. THE FOUNDATION WAS ABLE TO HAVE A SIGNIFICANT PORTION OF GIFTS MATCHED THROUGH A FEDERAL GRANT. THESE FUNDS ARE TO BE USED PER THE ENDOWMENT AGREEMENT WHEN THE TITLE V FEDERAL GRANT TIME REQUIREMENTS ARE MET. ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION THE COASTAL BEND COLLEGE FOUNDATION IS A FINANCIALLY EMPOWERED NOT-FOR-PROFIT ORGANIZATION WHOSE PURPOSE IS TO IMPROVE THE FISCAL STABILITY AND VISIBILITY OF COASTAL BEND COLLEGE. THE MISSION IS TO FUND INSPIRED CURRICULUM, FACULTY DEVELOPMENT, BUILDING MODERNIZATION AND INNOVATIVE STUDENT SERVICES PROJECTS TO ENABLE COASTAL BEND COLLEGE TO CONTINUE TO MEET THE DYNAMIC EDUCATIONAL AND ECONOMIC NEEDS OF THE STUDENTS, COMMUNITIES AND INDUSTRIES IT SERVES. THE COASTAL BEND COLLEGE FOUNDATION, INC., ESTABLISHED IN 2000 FOR THE SOLE PURPOSE OF ASSISTING THE COLLEGE IN PERFORMING ITS MISSION, RECEIVES, AND ADMINISTERS PRIVATE GIFTS, BEQUESTS AND DONATIONS TO BENEFIT COASTAL BEND COLLEGE STUDENTS AND TO ENHANCE THE QUALITY OF TEACHING AND LEARNING AT THE COLLEGE. GIFTS TO THE FOUNDATION SUPPORT PROGRAMS AND ACTIVITIES NOT FUNDED THROUGH TRADITIONAL SOURCES. AT THE SAME TIME, THE FOUNDATION PROVIDES ASSSISTANCE TO DONORS THROUGH A COMPREHENSIVE PROGRAM OF TAX-WISE ALTERNATIVES THROUGH PLANNED GIVING. SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS FORM 990, PAGE 6, PART VI, LINE 4 ADOPTED BY-LAWS ON SEPTEMBER 26, 2011. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B BOARD MEMBERS WERE EMAILED A COPY OF THE RETURN FOR REVIEW. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C POLICY REQUIRES THAT ALL ACTUAL OR POTENTIAL CONFLICTS BE DISCUSSED PROMPTLY AND DISCLOSED FULLY TO THE BOARD OF DIRECTORS AND ALL OTHER NECESSARY PARTIES. ANY DIRECTOR HAVING A CONFLICT ON ANY MATTER SHALL NEITHER PARTICIPATE IN THE DELIBERATION NOR VOTE ON ANY SUCH MATTER. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST. ADDITIONAL INFORMATION FORM 990, PART XI LINE 5 -UNREALIZED GAINS 29,521, PRIOR PERIOD ADJUSTMENT (500) COASTAL BEND COLLEGE 3800 CHARCO ROAD BEEVILLE TX 78102 741542306 EDUCATIO TX NA false false false false false false false false false false false false false false true false true false false COASTAL BEND COLLEGE N 21770 COASTAL BEND COLLEGE P 18437