2012-10-22T10:45:08-05:00 2012-06-30 561607661 LOWDERMILK CHURCH & CO LLP 121 NORTH STERLING STREET MORGANTON NC 28655 990 2011-07-01 237227728 WESTERN PIEDMONT FOUNDATION INC WEST 8284486020 1001 BURKEMONT AVENUE MORGANTON NC 28655 MALONE MCNEELY 8284386011 2012-10-10 1 PHILLIP E CHURCH P00092400 8284331226 2011 2016-02-24 21:20:13Z MALONE MCNEELY 1001 BURKEMONT AVENUE MORGANTON NC 28655 281812 0 X N/A X 1968 NC WESTERN PIEDMONT FOUNDATION IS OPERATED EXCLUSIVELY TO RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY AND MAKE EXPENDITURES TO BENEFIT WESTERN PIEDMONT CC 16 16 0 20 0 0 304030 242687 0 0 27731 24360 0 6287 331761 273334 0 107441 0 0 0 0 0 0 4286 104902 42238 104902 149679 226859 123655 2273134 2396789 0 0 2273134 2396789 WESTERN PIEDMONT FOUNDATION, INCORPORATED, A NON=PROFIT ORGANIZATION WAS FOUNDED TO ENCOURAGE AND DEVELOP PUBLIC AND PRIVATE SUPPORT FOR WESTERN PIEDMONT COMMUNITY COLLEGE BEYOND THAT PROVIDED BY COUNTY, STATE AND FEDERAL FUNDS. 0 0 107441 SUPPORT TO WESTERN PIEDMONT COMMUNITY COLLEGE FOR SCHOLARSHIPS, DEVELOPMENT GRANTS, FIXED ASSET PURCHASING AND ENRICHMENT PROGRAMS 107441 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 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 16 16 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 X MALONE MCNEELY 8284486020 WESTERN PIEDMONT COMMUNITY COLLEGE MORGANTON NC 28655 X LARRY MCMAHON 0.00 X 0 0 0 SUE HOLLER 0.00 X 0 0 0 EARL SEARCY III 0.00 X 0 0 0 JAMES ELLIOTT 0.00 X 0 0 0 DAN HOYLE 0.00 X 0 0 0 STEVEN SUDDERTH 0.00 X 0 0 0 AMPARO ALFARO 0.00 X 0 0 0 MINDY SOLANO 0.00 X 0 0 0 RONALD MARTIN 0.00 X 0 0 0 GINA VASSALLO 0.00 X 0 0 0 RICH DEAUGUSTINIS 0.00 X 0 0 0 PHILIP MOORE 0.00 X 0 0 0 TERRY CHILDERS 0.00 X 0 0 0 JANE MOODY 0.00 X 0 0 0 WILLIAM LENNON 0.00 X 0 0 0 SUSAN POLLPETER 0.00 X 0 0 0 0 0 0 0 0 0 0 0 242687 242687 24360 24360 14765 8478 6287 6287 273334 24360 0 6287 16338 16338 91103 91103 5100 5100 GENERAL EXPENSES 32852 32852 GENERAL AND GOLF FUNDRA 4286 4286 149679 107441 37952 4286 1599088 1722061 1903 1954 138000 138000 138000 534143 534774 2273134 2396789 0 0 X 198225 199645 272322 311953 1802587 1885191 2273134 2396789 2273134 2396789 123655 0 X 0 1 1 X 0 X 818514 228280 172467 291530 242687 1753478 818514 228280 172467 291530 242687 1753478 275797 1477681 22168 89058 47058 50952 7781 217017 1970495 7978 0.74990 0.70170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1802587 64300 1725 1868612 1777107 10000 26833 11353 1802587 1696525 77652 2930 1777107 1534537 161990 1696525 1.00000 0 0 138000 138000 138000 INVESTMENTS 534774 C 534774 273334 149679 123655 123655 265233 -16579 -16579 281812 -8478 -8478 273334 158157 8478 8478 149679 0 149679 FASB ASC 740-10 ACCOUNTNG FOR UNCERTAINTY IN INCOME TAXES, CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. BASED ON AN EVALUATION OF UNCERTAIN TAX POSITIONS, MANAGMENT IS REQUIRED TO MEASURE POTENTIAL TAX LIABILITIES THAT COULD HAVE A RISK OF GREATER THAN A 50% LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT. AS OF JUNE 30, 2012, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO SUCH RISK AND THEREFORE NO LIABILITIES HAVE BEEN RECORDED FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO 2009 1 WESTERN PIEDMONT COMMUNITY COLLEGE 1001 BURKEMONT AVE MORGANTON NC 28655 560816544 16338 ASSITANCE TO THE COLLEGE WITH PROGRAMS SCHOLARSHIPS 186 91103 FORM 990, PART VI, SECTION B, LINE 11 REVIEWED BY THE EXECUTIVE DIRECTOR AND THE BOARD TREASURER FORM 990, PART VI, SECTION B, LINE 12C GOVERNING BOARD MEMBERS ARE REMINDED OF POLICIES EACH YEAR AND REVEAL ANY POTENTIAL CONFLICTS FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST AT THE FOUNDATION OFFICES