2012-11-13T08:39:24-06:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 9515 DEERECO RD - SUITE 500 TIMONIUM MD 210932184 990 2011-07-01 237345298 CECIL COLLEGE FOUNDATION INC CECI 4102876060 ONE SEAHAWK DRIVE NORTH EAST MD 21901 JAMES LAMBDIN 4102876060 2012-11-13 1 MELISSA DYER CPA P01222987 4104530900 2011 2016-02-24 21:20:13Z CHRIS ANN SZEP ONE SEAHAWK DRIVE NORTH EAST MD 21901 3577201 0 X WWW.CECIL.EDU X 1973 MD PROVIDE FINANCIAL AID AND PROMOTE CECIL COLLEGE 27 27 0 0 0 0 291465 713933 0 0 392925 192170 0 0 684390 906103 146670 167893 0 0 0 0 0 0 26850 142770 397238 289440 565131 394950 340972 4313722 4374198 13697 43 4300025 4374155 TO PROVIDE FINANCIAL AID AND PROMOTE CECIL COLLEGE. 0 0 167893 167893 GRANTS AND ALLOCATIONS PROVIDE STUDENT AID THUS ASSISTING STUDENTS IN THE COMPLETION OF THEIR COLLEGE EDUCATION. IN THE CURRENT YEAR, 219 STUDENTS WERE AWARDED SCHOLARSHIPS. 308036 ARTS AND ATHLETICS PROGRAM EXPENDITURES ARE PAID ON BEHALF OF THE COLLEGE TO HELP PROMOTE A WELL-ROUNDED, COMPREHENSIVE COLLEGE EXPERIENCE. 475929 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD X THE ORGANIZATION 4102876060 ONE SEAHAWK DRIVE NORTH EAST MD 21901 X GEORGE BENVEGNO SR 0.50 X 0 0 0 WILLIAM DEFREITAS 0.50 X 0 0 0 DERON BROWN 0.50 X 0 0 0 VANESSA BROWN 0.50 X 0 0 0 MARY T JOHNSON 0.50 X 0 0 0 JAMES LAMBDIN 0.50 X X 0 0 0 MARY A MALONEY 0.50 X 0 0 0 F GROVE MILLER 0.50 X 0 0 0 DEAN GERACIMOS 0.50 X 0 0 0 BILL HAYLES 0.50 X 0 0 0 BRANDON HOLLENBAUGH SR 0.50 X 0 0 0 SHAHNAWAZ KHAN PHD 0.50 X 0 0 0 DOTTIE CAMPBELL 0.50 X X 0 0 0 ALAN MCCARTHY DMV 0.50 X 0 0 0 MARGARET SCIBINICO 0.50 X 0 0 0 SHARON WALLA ESQ 0.50 X 0 0 0 JENNIFER GOLDBACH 0.50 X 0 0 0 DANIEL THOMPSON 0.50 X X 0 0 0 KENT METHVEN 0.50 X 0 0 0 GEORGE FISHER 0.50 X 0 0 0 WILLIAM GERWECK III 0.50 X 0 0 0 FRANCIS MITA 0.50 X X 0 0 0 MARK MORTENSON 0.50 X 0 0 0 CHERYL GOLDSTEIN 0.50 X 0 0 0 ELIZABETH LOWE 0.50 X 0 0 0 FORREST MCLLWAIN 0.50 X 0 0 0 CATHY PARSONS 0.50 X 0 0 0 0 0 0 0 0 0 0 0 55178 658755 28963 713933 125380 125380 2708984 2642194 66790 66790 66790 28904 55178 28904 0 906103 0 0 192170 167893 167893 4915 4915 45558 45558 5420 5420 5476 5476 SUPPORT FOR COLLEGES PR 308036 308036 DEVELOPMENT 26850 26850 DUES AND MEMBERSHIPS 983 983 565131 475929 62352 26850 281827 191530 14667 151600 4017228 4031068 4313722 4374198 13697 43 13697 43 X 534006 327328 547181 662732 3218838 3384095 4300025 4374155 4313722 4374198 X 340972 -266842 X X 0 1 1 X 0 X 447306 554309 283619 291465 713933 2290632 126176 126314 252490 447306 554309 283619 417641 840247 2543122 195313 2347809 67362 65745 70078 106332 125380 434897 2978019 0.78840 0.71120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3759285 165257 -90901 77876 14650 34531 3706584 3180755 38083 552029 11003 579 3759285 3177272 20256 92992 65570 18273 25922 3180755 3168696 252951 -143784 70454 2704 27433 3177272 0.91000 0.09000 0 0 0 906103 565131 340972 -266842 -266842 74130 765575 -266842 126314 -140528 906103 0 906103 691445 126314 126314 565131 0 565131 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATION'S ENDOWMENTS SUPPORT A VARIETY OF SCHOLARSHIPS AND PROGRAMS AT CECIL COLLEGE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION HAS ADOPTED THE GUIDANCE IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740-10); WHICH PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DERECOGNITION OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO RECOGNIZES RELATED GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE FOUNDATION DOES NOT BELIEVE THAT THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR COSTS THAT SHOULD BE RECORDED. RETURNS FOR FISCAL YEARS 2009 - 2011 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX JURISDICTIONS. COLLEGIUM DE VINUM 56672 35500 21172 4037 11285 4000 1850 GOLF TOURNAMENT 27410 19678 7732 5100 2512 120 84082 55178 28904 9137 13797 4000 1970 28904 0 1 SCHOLARSHIPS TO STUDENTS SELECTED BY THE COLLEGE 219 167893 N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENTS ARE SELECTED FOR SCHOLARSHIP AWARDS BASED ON ACADEMIC MERIT AND FINANCIAL NEED. X 3870 FAIR VALUE X ADVERTISING 5 1455 FAIR VALUE X FOOD & ALCOHOL 18 4085 FAIR VALUE X GIFT CARDS 32 9253 FAIR VALUE X EPPENDORF RESERACH PIPETTES 1 5300 FAIR VALUE X JCB BACKHOE MODEL 214 1 5000 FAIR VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 ONCE CECIL COLLEGE FOUNDATION RECEIVES THE FINAL 990 DRAFT IT IS DISSEMINATED TO THE FUND MANAGEMENT COMMITTEE FOR COMMENTS/APPROVAL. ONCE APPROVED BY THE FUND MANAGEMENT COMMITTEE, IT IS DISTRIBUTED TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS IMPLEMENTED THE FOLLOWING PROCEDURE FOR MAINTAINING UPDATED CONFLICT OF INTEREST POLICY INFORMATION: THE CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED AT THE FIRST MEETING OF THE FOUNDATION EACH NEW FISCAL YEAR. DIRECTORS ARE ASKED TO REVIEW THE POLICY AND CONFIRM BY SIGNATURE THAT NO CURRENT OR FUTURE (90 DAYS) CONFLICTS EXIST. FORM 990, PART VI, SECTION B, LINES 15A AND 15B: THE ORGANIZATION DOES NOT HAVE EMPLOYEES; THEREFORE, THESE POLICIES DO NOT APPLY TO THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 ALL POLICIES ARE AVAILABLE UPON WRITTEN OR VERBAL REQUEST. ADDITIONALLY, A PUBLIC COPY OF ANY POLICY WILL BE GIVEN TO ANYONE WHO VISITS THE FOUNDATION OFFICES AND REQUESTS A COPY OF BYLAWS, POLICIES, OR FINANCIAL STATEMENTS (PUBLIC COPY). CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -266,842. FORM 990, PART XII, LINE 2C THE PROCESS REMAINS THE SAME FROM THE PRIOR YEAR. CECIL COLLEGE ONE SEAHAWK DRIVE NORTH EAST MD 210932184 520908863 EDUCATION MD 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0