WAUBONSEE COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- WAUBONSEE COMMUNITY COLLEGE FOUNDATION (EIN 36-2990533)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-14
- IRS object ID
- 201203199349302700
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-14T10:42:08-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363168081 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIKICH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1415 W DIEHL RD SUITE 400 | AddressLine1 |
| City | NAPERVILLE | City |
| State | IL | State |
| ZIP Code | 605632349 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362990533 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAUBONSEE COMMUNITY COLLEGE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WAUB | NameControl |
| Phone | 6304667900 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ROUTE 47 AT WAUBONSEE DRIVE | AddressLine1 |
| City | SUGAR GROVE | City |
| State | IL | State |
| ZIP Code | 60554 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DARLA CARDINE | Name |
| Title | EXECUTIVE TREASURER | Title |
| Phone | 6304667900 | Phone |
| Date Signed | 2012-11-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANDREW TWARDOWSKI | Name |
| PTIN | P00377357 | PTIN |
| Phone | 6305668400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KATHARINE RICHARDS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ROUTE 47 AT WAUBONSEE DRIVE | AddressLine1 |
| City | SUGAR GROVE | City |
| State | IL | State |
| ZIP Code | 60554 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 947172 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WAUBONSEE.EDU/ALUMNI/FOUNDATION.PHP | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1978 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | TO FUND WAUBONSEE COMMUNITY COLLEGE STUDENT SCHOLARSHIPS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 133 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 425587 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 142551 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 82508 | InvestmentIncomePriorYear |
| Investment Income Current Year | 10311 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -4642 | OtherRevenuePriorYear |
| Other Revenue Current Year | -6578 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 503453 | TotalRevenuePriorYear |
| Total Revenue Current Year | 146284 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 128220 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 146191 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 28978 | OtherExpensePriorYear |
| Other Expenses Current Year | 33827 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 157198 | TotalExpensesPriorYear |
| Total Expenses Current Year | 180018 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 346255 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -33734 | RevenuesLessExpensesCY |
| Total Assets BOY | 3141729 | TotalAssetsBOY |
| Total Assets EOY | 3163674 | TotalAssetsEOY |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 115 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3141729 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3163559 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION WAS FORMED TO ADVANCE THE EDUCATIONAL AND CHARITABLE PURPOSES OF WAUBONSEE COMMUNITY COLLEGE. THE PRIMARY OBJECTIVE OF THE FOUNDATION IS TO RAISE FUNDS FOR STUDENT SCHOLARSHIPS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 146191 | Expense |
| Grants | 146191 | Grants |
| Description | THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION PROVIDED SCHOLARSHIPS TO 233 STUDENTS ATTENDING WAUBONSEE COMMUNITY COLLEGE. THE TOTAL VALUE OF THE SCHOLARSHIPS WAS $146,191 WHICH INCLUDED $121,419 OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION SCHOLARSHIPS, $5,944 OF BUSINESS COMPETITION SCHOLARSHIPS AND $7,250 IN PROGRAM SCHOLARSHIPS FOR WAUBONSEE COMMUNITY COLLEGE STUDENTS. AN ADDITIONAL $11,578 WAS SPENT ON BRIGHTER FUTURES SCHOLARSHIPS FOR UNEMPLOYED WAUBONSEE COMMUNITY COLLEGE DISTRICT RESIDENTS. | Description |
| Total Program Service Expense | 146191 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | 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 | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | 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 | 1 | 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 | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | 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 | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6304667900 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ROUTE 47 AT WAUBONSEE DRIVE | AddressLine1 |
| City | SUGAR GROVE | City |
| State | IL | State |
| ZIP Code | 60554 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| PENELOPE CAMERON | ||||||
| PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| GERALD PALMER | ||||||
| VICE PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| MICHAEL OCHSENSCHLAGER | ||||||
| SECRETARY/TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| DALE BERMAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN CORDOGAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| GERARD DEMPSEY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ANDREW FAVILLE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STAN FREE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| THEODIA GILLESPIE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DR ELLEN BARNES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICHARD HAWKS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DR DIANE HOMAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ANGELO KLERONOMOS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DANIEL KRAMER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| EDUARDO GIL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TERRENCE M DUFFY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROGER HARRIS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM MURPHY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOSEPH PIRCON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICHARD A FALTZ | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAMES RHOADES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM SKOGLUND | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DR SHERRY GRAY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DR THOMAS R HUBERTY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BONNIE PROCTOR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KATHARINE RICHARDS | ||||||
| DIRECTOR OF FUND DEVELOPME | 32.00 | X | 66503 | 0 | 5936 | |
| DARLA CARDINE | ||||||
| EXECUTIVE TREASURER | 2.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 66503 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 5936 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 1 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 39151 | FundraisingEvents |
| All Other Contributions | 103400 | AllOtherContributions |
| Total Contributions | 142551 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 86121 | TotalRevenueColumn |
| Exclusion | $86,121 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 710016 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 785826 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -75810 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -75810 | TotalRevenueColumn |
| Exclusion | -$75,810 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 8484 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 39151 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 15062 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -6578 | TotalRevenueColumn |
| Exclusion | -$6,578 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 146284 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,733 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146191 | Total |
| Program Services | 146191 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7310 | Total |
| Management And General | 7310 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22991 | Total |
| Management And General | 22991 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 300 | Total |
| Management And General | 300 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2551 | Total |
| Management And General | 2551 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral |
|---|---|---|
| MISCELLANEOUS | 500 | 500 |
| BANK FEES | 150 | 150 |
| FILING FEES | 25 | 25 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 180018 | Total |
| Program Services | 146191 | ProgramServices |
| Management And General | 33827 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 344408 | BOY |
| EOY | 369309 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 700 | BOY |
| EOY | 250 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 772 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2726425 | BOY |
| EOY | 2718977 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69424 | BOY |
| EOY | 75138 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3141729 | BOY |
| EOY | 3163674 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 115 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 115 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24731 | BOY |
| EOY | 19356 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1779158 | BOY |
| EOY | 1768863 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1337840 | BOY |
| EOY | 1375340 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3141729 | BOY |
| EOY | 3163559 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3141729 | BOY |
| EOY | 3163674 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -33734 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 55564 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 260826 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 272620 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 139258 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 425587 | CurrentTaxYearMinus1Year |
| Current Tax Year | 142551 | CurrentTaxYear |
| Total | 1240842 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 260826 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 272620 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 139258 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 425587 | CurrentTaxYearMinus1Year |
| Current Tax Year | 142551 | CurrentTaxYear |
| Total | 1240842 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 232105 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1008737 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 86919 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 67472 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 66322 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 67028 | CurrentTaxYearMinus1Year |
| Current Tax Year | 86121 | CurrentTaxYear |
| Total | 373862 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 31409 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 20482 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 459 | CurrentTaxYearMinus2Years |
| Total | 52350 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 1667054 | TotalSupport |
| Public Support Pertcentage170 | 0.60510 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.58370 | 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 D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1337840 | BeginningOfYearBalance |
| Contributions | 50000 | Contributions |
| Grants Or Scholarships | 12500 | GrantsOrScholarships |
| End Of Year Balance | 1375340 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1088276 | BeginningOfYearBalance |
| Contributions | 249564 | Contributions |
| End Of Year Balance | 1337840 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1096276 | BeginningOfYearBalance |
| Grants Or Scholarships | 8000 | GrantsOrScholarships |
| End Of Year Balance | 1088276 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1046276 | BeginningOfYearBalance |
| Contributions | 50000 | Contributions |
| End Of Year Balance | 1096276 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Total Revenue | 146284 | TotalRevenue |
| Total Expenses | 180018 | TotalExpenses |
| Excess Or Deficit For Year | -33734 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 50806 | NetUnrealizedGLOnInvestments |
| Other | $4,758 | OtherAmount |
| Total Adjustments | 55564 | TotalAdjustments |
| Excess Or Deficit Per FS | 21830 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 216910 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 50806 | NetUnrealizedGainsInvestments |
| Other Revenues | 19820 | OtherRevenues |
| Revenue Not Rptd F990 | 70626 | RevenueNotRptdF990 |
| Revenue Subtotal | 146284 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 146284 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 195080 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 15062 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 15062 | ExpensesNotRptdF990 |
| Expenses Subtotal | 180018 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 180018 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | TO PROVIDE FUNDS FOR WAUBONSEE COMMUNITY COLLEGE STUDENT SCHOLARSHIPS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN CASH VALUE OF LIFE INSURANCE 4,758. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSE 15,062. CASH SURRENDER VALUE OF LIFE INSURANCE 4,758. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSE 15,062. | |
| ENDOWED FUNDS - ENDOWMENT FUNDS OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION ARE MAINTAINED PERMANENTLY WITH THE INCOME EARNED TO BE USED FOR GENERAL OR SPECIFIC PURPOSES AS RESTRICTED BY DONORS. IN FISCAL YEAR 2012, ONE ENDOWED SCHOLARSHIP WAS CLOSED IN THE AMOUNT OF $12,500. THESE FUNDS WERE RELEASED FROM RESTRICTION UPON CLOSURE AND TRANSFERRED TO THE GENERAL SCHOLARSHIP FUND TO BE USED FOR SCHOLARSHIPS. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF OUTING | NameOfEvent1 |
| Gross Receipts Event1 | 47635 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 39151 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 8484 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 583 | CashPrizesEvent1 |
| Rent Facility Costs Event1 | 8959 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 5520 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 47635 | GrossReceiptsTotal |
| Charitable Contributions Total | 39151 | CharitableContributionsTotal |
| Gross Revenue Total Events | 8484 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 583 | CashPrizesTotalEvents |
| Rent Facility Costs Total Events | 8959 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 5520 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 15062 | DirectExpenseSummaryEvents |
| Net Income Summary | -6578 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 233 | NumberOfRecipients |
| Amount Of Cash Grant | 146191 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: DURING THE SCHOLARSHIP RECIPIENT SELECTION PROCESS, ONLY THOSE STUDENTS WHO MEET A DONOR'S SPECIFIED SELECTION CRITERIA ARE CONSIDERED BY THE SELECTION COMMITTEE FOR A PARTICULAR SCHOLARSHIP. FOLLOWING THE AWARD OF A SCHOLARSHIP, AN ANALYST IN THE FINANCIAL AID OFFICE VERIFIES EACH SEMESTER THAT STUDENTS WITH SCHOLARSHIPS THAT SPECIFY A MAJOR AREA OF STUDY OR A SPECIFIC GRADE POINT AVERAGE (GPA) ARE TAKING COURSES IN THE SPECIFIED AREA OF STUDY AND/OR MAINTAINING THE REQUIRED GPA. STUDENTS WHO DO NOT COMPLY WITH THEIR SCHOLARSHIP'S SPECIFICATIONS LOSE THE SCHOLARSHIP SECOND SEMESTER. IN ADDITION, THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION BOARD OF DIRECTORS RECEIVES A LIST OF CURRENT YEAR SCHOLARSHIP RECIPIENTS AND THE AMOUNT OF SCHOLARSHIP FUNDS EACH HAS USED QUARTERLY. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KATHARINE RICHARDS | NamePerson |
| Base Compensation Filing Org | 66503 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 5936 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 72439 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | THE AMOUNT OF COMPENSATION FOR KATHERINE RICHARDS REPORTED IN PART VII AND ON SCHEDULE J IS COMPENSTAION PAID BY WAUBONSEE COMMUNITY COLLEGE FOR SERVICES PROVIDED TO WAUBONSEE COMMUNITY COLLEGE FOUNDATION. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION BYLAWS WERE REVISED IN 2011. SECTIONS OF THE BYLAWS WERE RE-NUMBERED AND THERE WERE CERTAIN UPDATES TO REFLECT CURRENT LAW. THE MOST SIGNIFICANT CHANGES WERE THE INCLUSION OF SECTIONS REFERENCING THE FINANCE AND AUDIT COMMITTEE, INVESTMENT COMMITTEE, AND THE AUTHORITY OF THE BOARD TO APPOINT OTHER COMMITTEES. ALSO INCLUDED IN THE UPDATED BYLAWS WAS AN ARTICLE ENTITLED "APPOINTED OFFICIALS" WHICH PROVIDES DIRECTION AS TO THE POWERS AND DUTIES OF THE EXECUTIVE DIRECTOR AND EXECUTIVE TREASURER. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF DIRECTORS HAS DELEGATED TO THE EXECUTIVE COMMITTEE THE RESPONSIBILITY FOR REVIEW OF THE 990. WHEN THE EXECUTIVE COMMITTEE IS NOTIFIED THAT THE 990 IS COMPLETE AND READY FOR ITS REVIEW, ALL OTHER MEMBERS OF THE BOARD OF DIRECTORS ARE ALSO NOTIFIED AND INVITED TO REVIEW THE 990 IF THEY WISH TO DO SO. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EVERY DIRECTOR RECEIVES THE CONFLICT OF INTEREST POLICY AND STATEMENT FROM THE PRESIDENT OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION PRIOR TO THE FALL ANNUAL MEETING. ONCE ALL SIGNED FORMS HAVE BEEN RECEIVED, THE PRESIDENT OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION AND THE CHAIRMAN OF THE MEMBERSHIP COMMITTEE REVIEW THEM ANNUALLY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE TOP MANAGEMENT OFFICIAL OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION IS AN EMPLOYEE OF, EVALUTED BY, AND COMPENSATED BY WAUBONSEE COMMUNITY COLLEGE. WAUBONSEE COMMUNITY COLLEGE EVAULATES COMPENSATION BASED ON A COMPREHENSIVE COMPENSATION BENEFITS STUDY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE MADE AVAILABLE UPON REQUEST | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 50,806. CHANGE IN CASH VALUE OF LIFE INSURANCE 4,758. TOTAL TO FORM 990, PART XI, LINE 5: 55,564. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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