2012-04-16T14:25:57-05:00 2011-08-31 LOVVORN & KIESCHNICK LLP 418 PEOPLES STE 308 CORPUS CHRISTI TX 784012350 990 2010-09-01 742991996 COASTAL BEND COLLEGE FOUNDATIONINC COAS 3613542267 3800 CHARCO ROAD BEEVILLE TX 78102 HARVEY HARDWICK 3613542267 2012-04-16 FRANK LOVVORN 3618848897 2012-04-16 2010 2016-02-24 21:20:13Z HARVEY HARDWICK 3800 CHARCO ROAD BEEVILLE TX 78102 26051 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 9 9 0 0 222726 11515 0 14160 14536 0 236886 26051 0 0 0 0 0 10924 2328 10924 2328 225962 23723 819914 905498 0 819914 905498 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 8/31/11 true false 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 false false false false false true 0 0 true 0 false false false false false false false false false false false false X 9 9 false false true false false false false true true false false true false false false false false false X RUTH CUDE COASTAL BEND COLLEGE 3613542267 3800 CHARCO ROAD BEEVILLE TX 78102 X DAREN WILDER 0.00 X X 0 0 0 JAMES KIRKPATRICK 0.00 X X 0 0 0 DOUG ARNOLD 0.00 X 0 0 0 EMILIA H DOMINGUEZ 0.00 X 0 0 0 LAURA FISCHER 0.00 X X 0 0 0 VICTOR GOMEZ 0.00 X 0 0 0 LOUISE W HALL 0.00 X 0 0 0 PAUL JAURE 0.00 X 0 0 0 CARROLL W LOHSE 0.00 X 0 0 0 false false false 11515 11515 14536 14536 26051 14536 2328 2328 2328 0 2328 0 297338 92837 522576 812661 819914 905498 0 0 X 9044 3504 322803 413927 488067 488067 819914 905498 819914 905498 X 23723 61861 X false true true X false X 45429 21710 72596 222726 11515 373976 45429 21710 72596 222726 11515 373976 373976 35759 55060 16303 14160 14536 135818 350 350 510144 14536 0.73310 0.79400 X false false false false false false false 540147 82614 -1730 621031 513943 26204 540147 579634 10000 -75691 513943 0.78590 0.21410 false false false 26051 2328 23723 61861 61861 85584 132128 61861 44216 106077 26051 26051 46544 44216 44216 2328 2328 SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PAGE 4, PART XIV ENDOWMENTS TYPICALLY CALL FOR A PERCENTAGE 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 THE BOARD DID NOT CHANGE THE SCOPE OF THE ORGANIZATION. THE BOARD DID REWRITE THE BYLAWS AND REINSTATED AND AMENDED THE FOUNDATION'S CERTIFICATE OF FORMATION WITH THE SECRETARY OF STATE'S OFFICE SO THAT THE FOUNDATION'S BOARD COULD BE ENLARGED. 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. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST. ADDITIONAL INFORMATION FORM 990, PART XI LINE 5 -UNREALIZED GAINS 61,861