MHC ACADEMIC FOUNDATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: MHC ACADEMIC FOUNDATION (EIN 20-8407010)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2012-11-01
IRS object ID: 201233069349300403
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-01T06:03:20-07:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Foti Flynn Lowen & Co PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 12765	AddressLine1
City	Roanoke	City
State	VA	State
ZIP Code	240282765	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	208407010	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	NEW COLLEGE FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	NEWC	NameControl
Phone	2764035606	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	29 JONES STREET	AddressLine1
City	MARTINSVILLE	City
State	VA	State
ZIP Code	24112	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MARSHALL W STOWE	Name
Title	Chairman	Title
Date Signed	2012-11-01	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	BRADLEY J DAVIS CPA	Name
Phone	5403449246	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	MARSHALL W STOWE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	29 JONES STREET	AddressLine1
City	MARTINSVILLE	City
State	VA	State
ZIP Code	24112	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1648919	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2006	YearFormation
State Legal Domicile	VA	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE FINANCIAL AND OTHER SUPPORT TO NEW COLLEGE INSTITUTE, A VIRGINIA PUBLIC BODY CONSTITUTED BY STATUTE AS A GOVERNMENTAL INSTRUMENTALITY FOR THE DISSEMINATION OF EDUCATION.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	13	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	13	NbrIndependentVotingMembers
Total Nbr Employees	2	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	2235249	ContributionsGrantsPriorYear
Contributions Grants Current Year	1618888	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	9396	InvestmentIncomePriorYear
Investment Income Current Year	29588	InvestmentIncomeCurrentYear
Other Revenue Prior Year	483	OtherRevenuePriorYear
Other Revenue Current Year	443	OtherRevenueCurrentYear
Total Revenue Prior Year	2245128	TotalRevenuePriorYear
Total Revenue Current Year	1648919	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	6193	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	11000	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	38319	SalariesEtcPriorYear
Salaries Etc Current Year	278204	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	7272	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1075290	OtherExpensePriorYear
Other Expenses Current Year	1064702	OtherExpensesCurrentYear
Total Expenses Prior Year	1119802	TotalExpensesPriorYear
Total Expenses Current Year	1353906	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1125326	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	295013	RevenuesLessExpensesCY
Total Assets BOY	2331363	TotalAssetsBOY
Total Assets EOY	2558130	TotalAssetsEOY
Total Liabilities BOY	86299	TotalLiabilitiesBOY
Total Liabilities EOY	2166	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2245064	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	2555964	NetAssetsOrFundBalancesEOY
Mission Description	TO PROVIDE FINANCIAL AND OTHER SUPPORT TO NEW COLLEGE INSTITUTE, A VIRGINIA PUBLIC BODY CONSTITUTED BY STATUTE AS A GOVERNMENTAL INSTRUMENTALITY FOR THE DISSEMINATION OF EDUCATION.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	1177325	Expense
Grants	11000	Grants
Description	NCF ENCOURAGED AND COORDINATED THE DEVELOPMENT AND DELIVERY OF DEGREE PROGRAMS AND OTHER CREDIT AND NON-CREDIT COURSES FOR THE PURPOSE OF SATISFYING STATEWIDE CRITICAL SHORTAGE AREAS AND INDUSTRY NEEDS. THIS WAS ACCOMPLISHED BY PROVIDING DIRECT AND INDIRECT SUPPORT TO NEW COLLEGE INSTITUTE AND TO THOSE STUDENTS ATTENDING.	Description
Total Program Service Expense	1177325	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	9	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	2	NumberOfEmployees
Employment Tax Returns Filed	false	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Quid Pro Quo Contributions	false	QuidProQuoContributions
Quid Pro Quo Disclosure	false	QuidProQuoDisclosure
Form8282 Property Disposed Of	true	Form8282PropertyDisposedOf
Number Of8282 Filed	1	NumberOf8282Filed
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	13	NbrVotingGoverningBodyMembers
Number Independent Voting Members	13	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	THE FOUNDATION	NamePerson
Telephone Number	2764035606	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	29 JONES STREET	AddressLine1
City	MARTINSVILLE	City
State	VA	State
ZIP Code	24112	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee
T BAHNSON STANLEY III
BOARD MEMBER	1.50	X	0	0	0
DOUG PAYNE
BOARD MEMBER	1.50	X	0	0	0
IMOGENE DRAPER
Secretary	1.50	X	0	0	0	X
MARSHALL W STOWE
Chairman	1.50	X	0	0	0	X
ROBERT H SPILMAN JR
BOARD MEMBER	1.50	X	0	0	0
KIMBLE REYNOLDS JR
Vice Chair	1.50	X	0	0	0	X
LAURA BOWLES
BOARD MEMBER	1.50	X	0	0	0
SUZANNE LACY
BOARD MEMBER	1.50	X	0	0	0
ELIZABETH HASKELL
BOARD MEMBER	1.50	X	0	0	0
MARGARET D TURNER
BOARD MEMBER	1.50	X	0	0	0
IRVING GROVES JR
BOARD MEMBER	1.50	X	0	0	0
JANE GARDNER
Treasurer	1.50	X	0	0	0	X
CHARLOTTE MCCLAIN
BOARD MEMBER	1.50	X	0	0	0
WILLIAM A WAMPLER JR
EXECUTIVE DIRECTOR	40.00		225716	0	0		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	225716	TotalReportableCompFromOrg
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
All Other Contributions	1618888	AllOtherContributions
Total Contributions	1618888	TotalContributions
Total Program Service Revenue	0	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	29588	TotalRevenueColumn
Related Or Exempt Function Income	29588	RelatedOrExemptFunctionIncome

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISCELLANEOUS	Description
Business Code	900099	BusinessCode
Total Revenue Column	443	TotalRevenueColumn
Exclusion	$443	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	443	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1648919	TotalRevenueColumn
Related Or Exempt Function Income	29588	RelatedOrExemptFunctionIncome
Exclusion	$443	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	11000	Total
Program Services	11000	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	233694	Total
Program Services	209463	ProgramServices
Management And General	24231	ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	44510	Total
Program Services	44510	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	0	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	46551	Total
Program Services	37241	ProgramServices
Management And General	6983	ManagementAndGeneral
Fundraising	2327	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	7571	Total
Program Services	6057	ProgramServices
Management And General	1514	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	16050	Total
Program Services	16050	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	6042	Total
Program Services	4834	ProgramServices
Management And General	1208	ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1593	Total
Management And General	1593	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2169	Total
Management And General	2169	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
RENT	74761	74761
professional service fees	97272	19454	72954	4864
education and outreach	639641	639641
classroom equipment	45524	45524
building maint & repair	58331	46665	11666

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	69197	Total
Program Services	22125	ProgramServices
Management And General	46991	ManagementAndGeneral
Fundraising	81	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1353906	Total
Program Services	1177325	ProgramServices
Management And General	169309	ManagementAndGeneral
Fundraising	7272	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1835269	BOY
EOY	1590029	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	223458	BOY
EOY	105935	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	997	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	11151	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	7168	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	5576	BOY
EOY	3983	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	246063	BOY
EOY	855483	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	20000	BOY
EOY	2700	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2331363	BOY
EOY	2558130	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	86299	BOY
EOY	2166	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	86299	BOY
EOY	2166	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	390832	BOY
EOY	563281	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1451612	BOY
EOY	1532163	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	402620	BOY
EOY	460520	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2245064	BOY
EOY	2555964	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2331363	BOY
EOY	2558130	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	295013	ReconcilationRevenueExpenses
Reconcilation Other Changes	15887	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired
Federal Grant Audit Performed	false	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
College Support Org170b1 Aiv	X	CollegeSupportOrg170b1Aiv

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1670855	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1684625	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2004689	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2235249	CurrentTaxYearMinus1Year
Current Tax Year	1618888	CurrentTaxYear
Total	9214306	Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

Field	Value	IRS element (for citing)
Total	0	Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

Field	Value	IRS element (for citing)
Total	0	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1670855	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1684625	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2004689	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2235249	CurrentTaxYearMinus1Year
Current Tax Year	1618888	CurrentTaxYear
Total	9214306	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	4936717	AmountsSubstContributorsTotal
Public Support Total170	4277589	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	16154	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	16185	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	11721	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	9396	CurrentTaxYearMinus1Year
Current Tax Year	29588	CurrentTaxYear
Total	83044	Total

Net UBI NetUBI

Field	Value	IRS element (for citing)
Total	0	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	63	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	14	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	297	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	483	CurrentTaxYearMinus1Year
Current Tax Year	443	CurrentTaxYear
Total	1300	Total

Field	Value	IRS element (for citing)
Total Support	9298650	TotalSupport
First5 Years170	X	First5Years170
Public Support Pertcentage170	0.00000	PublicSupportPertcentage170

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 C IRS990ScheduleC

Field	Value	IRS element (for citing)
Form4720 Filed4955 Tax	false	Form4720Filed4955Tax
Correction Made	false	CorrectionMade
Volunteers	false	Volunteers
Paid Staff Or Management	false	PaidStaffOrManagement
Media Advertisements	false	MediaAdvertisements
Mailings Members	false	MailingsMembers
Publications Or Broadcast	false	PublicationsOrBroadcast
Grants Other Organizations	false	GrantsOtherOrganizations
Direct Contact Legislators	true	DirectContactLegislators
Direct Contact Legislators	$55,838	DirectContactLegislatorsAmount
Rallies Demonstrations	false	RalliesDemonstrations
Other Activities	false	OtherActivities
Total Lobbying Expenditures IIB	55838	TotalLobbyingExpendituresIIB
Not Described In501c3	false	NotDescribedIn501c3
Form4720 Filed4912 Tax	false	Form4720Filed4912Tax

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	634812	BeginningOfYearBalance
Contributions	57900	Contributions
End Of Year Balance	692712	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	166740	BeginningOfYearBalance
Contributions	468072	Contributions
End Of Year Balance	634812	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	131015	BeginningOfYearBalance
Contributions	35725	Contributions
End Of Year Balance	166740	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.34000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.66000	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	11151	OtherCostOrOtherBasis
Depreciation	7168	Depreciation
Book Value	3983	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	3983	TotalOfBookValueLandBuildings
Total Revenue	1648919	TotalRevenue
Total Expenses	1353906	TotalExpenses
Excess Or Deficit For Year	295013	ExcessOrDeficitForYear
Other	$15,887	OtherAmount
Total Adjustments	15887	TotalAdjustments
Excess Or Deficit Per FS	310900	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	1664806	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	36042	NetUnrealizedGainsInvestments
Other Revenues	-20155	OtherRevenues
Revenue Not Rptd F990	15887	RevenueNotRptdF990
Revenue Subtotal	1648919	RevenueSubtotal
Total Revenue Per Form990	1648919	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1353906	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	1353906	ExpensesSubtotal
Total Expenses Per Form990	1353906	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	Part XI, Line 8	Identifier
Return Reference	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	ReturnReference
Explanation	UNREALIZED GAIN $36042 IMPAIRMENT LOSS $ -20155	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained
No Grant More Than5000	X	NoGrantMoreThan5000
Total Nbr Of501 C3 And Govt Grants	0	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIPS FOR STUDENTS ATTENDING NEW COLLEGE INSTITUTE	TypeOfGrant
Number Of Recipients	12	NumberOfRecipients
Amount Of Cash Grant	11000	AmountOfCashGrant

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Personal Services	X	PersonalServices
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Written Employment Contract	X	WrittenEmploymentContract
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException
Rebuttable Presumption Procedure	false	RebuttablePresumptionProcedure

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	WILLIAM A WAMPLER JR	NamePerson
Base Compensation Filing Org	132058	BaseCompensationFilingOrg
Bonus Filing Org	76900	BonusFilingOrg
Other Compensation Filing Org	16758	OtherCompensationFilingOrg
Total Compensation Filing Org	225716	TotalCompensationFilingOrg

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	Sch J, Part I, Line 1a	Identifier
Return Reference	Part I, Line 1a: Relevant information in regards to selections on 1a.	ReturnReference

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	UPON REQUEST.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	THE PREVIOUS EXECUTIVE DIRECTOR OF THE ORGANIZATION RECEIVED CERTAIN FRINGE BENEFITS THAT ARE CONSISTENT WITH THOSE NORMALLY RECEIVED BY THE PRESIDENT OF A UNIVERSITY OR OTHER INSTITUTION OF HIGHER EDUCATION. THESE BENEFITS WERE DOCUMENTED AND APPROVED BY THE BOARD UPON HIRING OF THIS POSITION AND WERE NOT MATERIALLY DIFFERENT. THE CURRENT EXECUTIVE DIRECTOR OF THE ORGANIZATION ALSO RECEIVED CERTAIN FRINGE BENEFITS AS WELL IN ADDITION TO A SALARY SUPPLEMENT TO WHAT IS RECEIVED FROM THE NEW COLLEGE INSTITUTE.OTHER STAFF ARE PAID A FLAT RATE TO PERFORM ROUTINE ADMINISTRATIVE SERVICES FOR THE FOUNDATION WHICH THE BOARD HAS APPROVED.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW AND ACCEPTANCE. AFTER APPROVAL THEY ARE PROVIDED TO THE FULL BOARD AS A RECOMMENDATION OF APPROVAL FROM THE AUDIT COMMITTEE.THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.