2012-05-15T13:25:04-05:00 2011-06-30 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2010-07-01 201625785 OWENS COMMUNITY COLLEGE FOUNDATION OWEN 5676617641 PO BOX 10000 TOLEDO OH 436991947 ELIZABETH A SAVAGE 5676617641 2012-05-01 1 CAROL LALONDE CPA 2695674500 2010 2016-02-24 21:20:13Z ELIZABETH A SAVAGE PO BOX 10000 TOLEDO OH 436991947 631120 0 X WWW.OWENS.EDU X 2004 OH THE MISSION OF THE OWENS COMMUNITY COLLEGE FOUNDATION IS TO DEVELOP AND PROVIDE RESOURCES TO ADVANCE THE COLLEGE'S MISSION OF SERVING OUR STUDENTS AND OUR COMMUNITY. SIMPLY PUT: WE INVEST IN YOUR SUCCESS.THE VISION OF THE OWENS COMMUNITY COLLEGE FOUNDATION IS THAT HIGHER EDUCATION SHOULD BE AVAILABLE TO EVERYONE. THE FOUNDATION WORKS TO REMOVE BARRIERS TO EDUCATION BY PROVIDING STUDENT SCHOLARSHIPS AND SUPPORTING GROWTH AND INNOVATION AT OWENS COMMUNITY COLLEGE. 31 31 0 29 0 0 399728 424917 0 0 37100 65789 -5500 0 431328 490706 317433 402482 0 0 9466 0 0 0 14394 54363 66905 381262 469387 50066 21319 2372769 2688503 126100 100910 2246669 2587593 X THE MISSION OF THE OWENS COMMUNITY COLLEGE FOUNDATION IS TO DEVELOP AND PROVIDE RESOURCES TO ADVANCE THE COLLEGE'S MISSION OF SERVING OUR STUDENTS AND OUR COMMUNITY. SIMPLY PUT: WE INVEST IN YOUR SUCCESS.THE VISION OF THE OWENS COMMUNITY COLLEGE FOUNDATION IS THAT HIGHER EDUCATION SHOULD BE AVAILABLE TO EVERYONE. THE FOUNDATION WORKS TO REMOVE BARRIERS TO EDUCATION BY PROVIDING STUDENT SCHOLARSHIPS AND SUPPORTING GROWTH AND INNOVATION AT OWENS COMMUNITY COLLEGE. 0 0 196258 196258 THE FOUNDATION AWARDED OVER 240 SCHOLARSHIPS TO STUDENTS TO COVER TUITION, FEES, AND OTHER EDUCATIONAL EXPENSES TO ATTEND OWENS COMMUNITY COLLEGE. 71250 71250 THE FOUNDATION PROVIDED A GRANT FROM MASTER CHEMICAL CORP THAT PROVIDED COOLANT RESEARCH TECHNICIAN TO THE OWENS COMMUNITY SCHOOL OF TECHNOLOGY FOR RESEARCH AND TEACHING. 56250 56250 THE FOUNDATION PROVIDED A PROJECT DEGREE GRANT FROM THE GATEWAY TO COLLEGE NATIONAL NETWORK THAT PROVIDES AT RISK STUDENTS WITH A COHORTED LEARNING COMMUNITY, INTRUSIVE ADVISING AND FINANCIAL INCENTIVES TO PROMOTE RETENTION AND SUCCESS TOWARD A DEGREE. 78724 78724 THE FOUNDATION PROVIDED FUNDING ASSISTANCE OF $30,000 FOR THE CAPITAL INVESTMENT IN THE FINDLAY CAMPUS THAT INCLUDED A BUILDING THAT HOLDS A LIBRARY AND 10 CLASSROOMS.PROVIDED $19,448 TO PURCHASE MINI PCS FOR STUDENTS WHO SUCCESSFULLY COMPLETING THE SUMMER BRIDGE PROGRAM. CONTRIBUTED TO AN ECONOMIC DEVELOPMENT INITIATIVE FOR NORTHWEST OHIO THAT WOULD BENEFIT THE COLLEGE BY BRINGING IN NEW BUSINESS TO THE AREAS THAT THE COLLEGE SERVES. ASSISTANCE TO VARIOUS OTHER COLLEGE DEPARTMENTS AND PROGRAMS. 78724 78724 402482 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OH X PATRICIA SMITH 5676617641 PO BOX 10000 TOLEDO OH 436991947 X THOMAS F POUNDS 2.00 X X 0 0 0 DANIEL E KIMMET 2.00 X X 0 0 0 DAVID W SEEGER 2.00 X X 0 0 0 JAMES H GEERS 2.00 X X 0 0 0 ANN SAVAGE 20.00 X X 0 0 0 JAMES W BAERHEN 0.50 X 0 0 0 CHARLES L BILLS 0.50 X 0 0 0 JAMES F CARTER 0.50 X 0 0 0 JOHN W CHRISTY 0.50 X 0 0 0 TIMOTHY V COLEMAN 0.50 X 0 0 0 MICHAEL E DUFFEY 0.50 X 0 0 0 SHARON K GILLESPIE 0.50 X 0 0 0 LOUISE JACKSON 0.50 X 0 0 0 KATHERINE KRUECHAUF 0.50 X 0 0 0 THOMAS L HOSLER 0.50 X 0 0 0 JEANNIE Y HYLANT 0.50 X 0 0 0 ALLAN J LIBBE 0.50 X 0 0 0 RONALD W MATTER 0.50 X 0 0 0 LARRY G MCDOUGLE 1.00 X 0 0 0 PAUL L MEINERDING 0.50 X 0 0 0 MATTHEW J MISHLER 0.50 X 0 0 0 JOHN C MOORE 0.50 X 0 0 0 PHILIP J RUDOLPH JR 0.50 X 0 0 0 ALAN M SATTLER 0.50 X 0 0 0 JACK T SCULFORT 0.50 X 0 0 0 ANDREA M GURCSIK 0.50 X 0 0 0 RASESH H SHAH 0.50 X 0 0 0 DIANA HTALMAGE 0.50 X 0 0 0 DAVID L WHIKEHART 0.50 X 0 0 0 JOHN R ZAJAC 0.50 X 0 0 0 LINDA EWING 0.50 X 0 0 0 JAMES MURRAY 0.50 X 0 0 0 ARTHUR SMITH 2.00 X 0 0 0 0 0 0 0 0 0 0 0 40000 384917 424917 51434 51434 154769 140414 14355 14355 14355 490706 0 0 65789 206224 206224 196258 196258 7465 7465 7003 7003 10757 10757 3000 3000 3537 2937 600 737 737 2402 2402 3060 3060 2519 2519 CULTIVATION 8643 8643 FOOD 4706 4706 MEMBERSHIPS 2100 2100 10976 5825 5151 469387 402482 52511 14394 636346 586505 38092 9615 15000 9664 534794 1683331 1547925 2372769 2688503 69235 56747 56865 44163 126100 100910 X 144125 218530 903009 1084851 1199535 1284212 2246669 2587593 2372769 2688503 X 21319 319605 X 0 1 0 X 0 X 259344 483639 476877 399728 424917 2044505 259344 483639 476877 399728 424917 2044505 374266 1670239 65989 79296 43708 37113 51434 277540 19825 19825 2341870 0.71320 0.75740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1416223 86133 283687 72453 1713590 1229502 90915 136327 40521 1416223 1469274 70545 -268676 41641 1229502 0.00920 0.74940 0.24140 0 0 0 BUFFALO SMALL CAP 135806 F FAIRHOLME FUND 142993 F FIDELITY CONTRAFUND 144725 F JENSEN PORTFOLIO 146480 F VANGUARD INSTL INDEX 663065 F DODGE & COX INTL STOCK 157998 F VANGUARD INTERMEDIATE TERM BOND INDEX-SIGNAL 156858 F 1547925 FUNDS IN CUSTODY 44163 44163 490706 469387 21319 319605 319605 340924 799554 319605 319605 479949 10757 10757 490706 458630 0 458630 10757 10757 469387 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2008. 1 OWENS COMMUNITY COLLEGE PO BOX 10000 TOLEDO OH 436991947 341059164 SECTION 115 196224 0 N/A N/A PROGRAM AND CAPITAL SUPPORT TOLEDO CHAMBER OF COMMERCE 300 MADISON AVE STE 200 TOLEDO OH 43604 344374780 501(C)(6) 5000 0 N/A N/A PROGRAM SUPPORT 2 0 SCHOLARSHIPS 251 196258 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE OWENS COMMUNITY COLLEGE FINANCIAL AID DEPARTMENT PRESENTS A LIST OF QUALIFIED AND RECOMMENDED INDIVIDUALS TO A SCHOLARSHIP COMMITTEE CONSISTING OF FOUNDATION BOARD MEMBERS. FROM THAT LIST THE COMMITTEE SELECTS THE AWARD RECIPIENTS BASED ON THE CRITERIA THAT IS SET FORTH FOR THE VARIOUS SCHOLARSHIP FUNDS. THESE CRITERIA INCLUDE SUCH THINGS AS FINANCIAL NEED, GRADE POINT AVERAGE AND AREA OF STUDY. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE DISCLOSING POTENTIAL CONFLICTS. CONFLICTS OF INTEREST ARE MONITORED AND ENFORCED THROUGH THE OWENS COMMUNITY COLLEGE FOUNDATION COMMITTEE ON GOVERNANCE. THE FOUNDATION HAS A POLICY ON CONFLICTS OF INTEREST. EACH YEAR BOARD MEMBERS ARE REQUIRED TO COMPLETE A DIRECTOR QUESTIONNAIRE DISCLOSING ANY POTENTIAL CONFLICTS. SHOULD A CONFLICT ARISE, THE BOARD MEMBER HAVING THE CONFLICT OF INTEREST WILL BE REQUIRED TO REFRAIN FROM PARTICIPATING IN THE DISCUSSION, CONSIDERATION OF, AND VOTING ON ANY MATTER RELATING TO THE APPLICABLE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 319,605.