2011-11-01T14:04:47-05:00 2011-06-30 HUBBARD DAVIS CPAS LLP 990 LAKE HUNTER CIRCLE STE 207 MOUNT PLEASANT SC 29464 990 2010-07-01 570699317 TRIDENT TECHNICAL COLLEGE FOUNDATION INC TRID 8435746600 PO BOX 61227 CHARLESTON SC 294191227 KATHLEEN FORBES 8435746600 2011-11-01 1 8438813315 2010 2016-03-07 17:11:31Z KATHLEEN FORBES PO BOX 61227 CHARLESTON SC 294191227 2017833 0 X WWW.TRIDENTTECH.EDU/FOUNDATION X 1975 SC THE FOUNDATION EXISTS TO BRIDGE THE GAP BETWEEN NEEDS AND RESOURCES OF THE COLLEGE. 67 66 0 88 0 0 710569 1296296 0 0 210681 342387 228487 268165 1149737 1906848 871814 927055 0 0 0 0 0 0 51278 268069 243733 1139883 1170788 9854 736060 4617159 5855147 173334 171547 4443825 5683600 X ESTABLISHED IN 1975, THE TRIDENT TECHNICAL COLLEGE FOUNDATION EXISTS TO RAISE FUNDS TO HELP BRIDGE THE GAP BETWEEN NEEDS AND RESOURCES FOR TTC STUDENTS AND EMPLOYEES. THE FOUNDAION OPERATES INDEPENDENTLY OF THE COLLEGE AS A 501(C)(3) NONPROFIT CORPORATION. 0 0 370430 333740 SCHOLARSHIPSSCHOLARSHIPS DO MORE THAN HELP STUDENTS WITH TUITION AND BOOK EXPENSES. MANY PROGRAMS OF STUDY HAVE SPECIAL EQUIPMENT, UNIFORM AND LICENSING COSTS THAT ADD TO THE TOTAL EDUCATIONAL EXPENSE. THE FOUNDATION MANAGES MORE THAN $1.6 MILLION IN 78 SCHOLARSHIP FUNDS TO SUPPORT TTC STUDENTS. THESE AWARDS, PROVIDED BY INDIVIDUALS, BUSINESSES AND OTHER FOUNDATIONS ARE COMPETITIVE AND BASED ON CRITERIA ESTABLISHED BY THE DONORS AND THE FOUNDATION. 127626 111247 TUITION ASSISTANCE/CREDIT COURSE ASSISTANCE PROGRAMSTO PROVIDE PROFESSIOANL AND PERSONAL GROWTH OPPORTUNITIES FOR FACULTY AND STAFF, THE TRIDENT TECHNICAL COLLEGE FOUNDATION WILL PROVIDE FINANCIAL SUPPORT, UP TO AN ANNUALLY BUDGETED AMOUNT, FOR FULL TIME PERMANENT EMPLOYEES TO TAKE CREDIT COURSES TRIDENT TECHNICAL COLLEGE TUITION ASSISTANCE IS BASED ON AVAILABLITY OF FUNDS, THE FOUNDATION WILL PAY FOR TUITION AND REQUIRED BOOKS FOR UP TO FOUR SEMSTER CREDIT HOURS PER TERM IN ANY TTC COURSE FOR WHICH AN EMPLOYEE IS QUALIFIED. CREDIT COURSE ASSISTANCE IS BASED ON AVAILABILITY OF FUNDS, THE FOUNDATION WILL REIMBURSE AN EMPLOYEE $200 PER COURSE FOR TUITION, BOOKS AND FEES. AN EMPLOYEE MAY RECEIVE A MAXIMUM OF $1,000 DURING EACH FISCAL YEAR FOR REIMBURSEMENT OF A MAXIMUM OF FIVE CREDIT COURSES PER YEAR TAKEN AT ANY ACCREDITED INSTITUTION OTHER THAN TTC. 534857 482068 MIINGRANTSIN 1991, TTC AND THE FOUNDATION ESTABLISHED A MINIGRANT PROGRAM TO PROVIDE FUNDS TO FACULTY AND STAFF FOR EQUIPMENT, MATERIALS AND SPECIAL RESOURCES. THE PROGRAM IS DESIGNED TO ENHANCE THE LEARNING EXPERIENCE OF TTC STUDENTS WHILE BRIDGING THE GAP BETWEEN INSTRUCTIONAL NEEDS AND DEPARTMENTAL BUDGETARY CONSTRAINTS. THE ANNUAL ALLOCATION FOR MINIGRANT AWARDS TOTALS $50,000 FOR 2010-2011. SOURCES OF FINANCIAL SUPPORT FOR THE GRANTS INCLUDE THE FOUNDATION'S ANNUAL CAMPAIGN, TTC FACULTY AND STAFF CAMPUS CAMPAIGN AND THE COLLEGE. EACH MINIGRANT HAS A LIMIT OF $1,500. 1032913 1 0 0 1 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 10 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 X 67 66 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 SC X X KATHLEEN FORBES 8435746600 PO BOX 61227 CHARLESTON SC 294191227 WILLIAM C HUDSON X X 0 0 0 WILLIAM E CRAVER III X X 0 0 0 ANDREA D LIMEHOUSE X X 0 0 0 ROBERT W PEARSE JR X X 0 0 0 THOMAS G BUIST JR X 0 0 0 JAMES W MARTIN X 0 0 0 ROBERT O COLLINS JR X 0 0 0 ROBERT F CLAIR JR X 0 0 0 BARRY D GUMB X 0 0 0 CLARA C VARGA-GONZALES X 0 0 0 CHARLES F BAARCKE JR X 0 0 0 JAMES B BAGWELL III X 0 0 0 G REID BANKS X 0 0 0 JAMES C BRYAN X 0 0 0 EDGAR A BUCK JR X 0 0 0 GEORGE J BULLWINKEL III X 0 0 0 RANDY L BYERLY X 0 0 0 CHARLES C CARMONDY X 0 0 0 RUSSELL B CORBIN X 0 0 0 DAVID L DUNLAP X 0 0 0 KATHRYN L DUNN X 0 0 0 JOHN EDWARDS X 0 0 0 RICHARD D ELLIOTT X 0 0 0 SCOTT FENNELL X 0 0 0 WILLIAM A FINN X 0 0 0 TODD GALLATI X 0 0 0 DAVID T GINN X 0 0 0 ELIZABETH B GRANT X 0 0 0 LARRY C HARGROVE X 0 0 0 WILLIAM S HELMLY X 0 0 0 CAROLYN H HUNTER X 0 0 0 LEONARD L HUTCHINSON III X 0 0 0 ANN IRVIN X 0 0 0 HAL JONES X 0 0 0 B THOMAS KAYS X 0 0 0 CHRISTOPHER A LATHAM X 0 0 0 MARK A LATTANZIO X 0 0 0 MICHEAL G LEATHERWOOD X 0 0 0 ELIZABETH I MARSHALL X 0 0 0 JOHN W MOLONY X 0 0 0 SALVATORE A MOSCATELLO X 0 0 0 BRUCE D MURDY X 0 0 0 M WAYNE PHILLIPS X 0 0 0 ROBERT L PRATT X 0 0 0 CHARLES F RIVERS III X 0 0 0 GEOFFREY L SCHULER X 0 0 0 KENNETH T SEEGER X 0 0 0 WILLIAM B SETTLEMYER X 0 0 0 LANNEAU H SIEGLING X 0 0 0 JANIE M SINACORE-JABERG X 0 0 0 NANCY C SNOWDEN X 0 0 0 PETER STEKETEE X 0 0 0 SUSAN M STEVENS X 0 0 0 RANDALL C STONEY JR X 0 0 0 CATHERINE L STUHR X 0 0 0 JUDY H TARLETON X 0 0 0 ERIC N WAGES X 0 0 0 HARRY J WARNBOLDT X 0 0 0 JOHN M MITCHELL X 0 0 0 WILLIAM M WATSON X 0 0 0 STUART D WHITESIDE X 0 0 0 AJ BATLA X 0 0 0 C RONALD COWARD X 0 0 0 RICHARD K GREGORY X 0 0 0 AL HUTCHINSON JR X 0 0 0 THOMAS A MAYBERRY X 0 0 0 JAMES C MURRY X 0 0 0 HERMAN B SPEISSEGGER JR X 0 0 0 SAMUEL STEINBERG X 0 0 0 DAVID B YARBOROUGH X 0 0 0 KATHLEEN FORBES 40.00 X X 0 73143 0 0 73143 0 0 0 0 0 0 1296296 1296296 106125 106125 236262 236262 236262 236262 379150 110985 268165 268165 1906848 0 0 610552 927055 927055 38763 38763 1423 1423 3910 3910 STIPENDS 55665 55665 SALARY REIMBURSEMENT 50967 10193 15290 25484 LOBBYING EXPENSE 40000 40000 OTHER EXPENSE 29157 17903 11254 SPECIAL EVENT 14540 14540 9308 9308 1170788 1032913 86597 51278 78 78 318214 203468 59354 768133 1603 2511 10016 5538 4217754 4865158 10140 10261 4617159 5855147 173334 171547 173334 171547 X 1215178 2296486 2125931 2305501 1102716 1081613 4443825 5683600 4617159 5855147 X 736060 503715 X X 0 1 1 X 0 X 448069 721386 790227 710569 1296296 3966547 448069 721386 790227 710569 1296296 3966547 3966547 194906 140051 88856 87239 106125 617177 248352 275480 183557 228487 268165 1204041 5787765 0.68530 0.63200 X 40000 0 0 0 0 0 1 40000 0 0 0 40000 0 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: FUNDS USED TO REPRESENT THE INTEREST OF TECHNICAL COLLEGES AND STUDENTS IN SOUTH CAROLINA. 2424943 85751 505758 -309854 2706598 2309203 99495 282998 -266753 2424943 2998735 98309 -439121 -348720 2309203 0.40000 0.60000 0 0 0 GOVERNMENT BONDS 1706666 F MONEY MARKET 94833 F EQUITIES 2651342 F REAL ESTATE FUNDS 412317 F 4865158 1906848 1170788 736060 505220 -1505 503715 1239775 2410563 505220 -1505 503715 1906848 0 1906848 1170788 0 1170788 0 1170788 PART V, LINE 4 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS THE INTEREST EARNED ON ENDOWED FUNDS HELPS SUPPORT THE OPERATIONAL BUDGET OF THE FOUNDATION ENDOWED FUNDS ALSO SHOW THAT DONORS TRUST THE ORGANIZATION AND BELIEVE IN THE LONGEVITY OF THE FOUNDATION. PART XI, LINE 8 - OTHER ADJUSTMENTS CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT. PART XII, LINE 2D - OTHER ADJUSTMENTS CHANGES IN VALUE OF SPLIT INTEREST AGREEMENT. X X 0 VINTNERS DINNER 379150 379150 110985 379150 379150 110985 110985 268165 0 TRIDENT TECHNICAL COLLEGE PO BOX 118067 CHARLESTON SC 29423 570440170 927055 FMV TO PROVIDE PROGRAM ASSISTANCE TO THE COLLEGE. OTHER INFORMATION: PART IV: PROCEDURE FOR MONITORING GRANTS IN THE US PART I, LINE 2 SCHOLARSHIPS ARE ELECTRONICALLY APPLIED FOR BY EACH INDIVIDUAL STUDENT. THE COMPUTER SYSTEM COMPARES THE DATA PER THE APPLICATION TO THE SCHOLARSHIP CRITERIA AND IDENTIFIES THE QUALIFIED APPLICANTS. A COMMITTEE THEN REVIEWS THE SELECTION OF STUDENTS WHO HAVE QUALIFIED FOR EACH SCHOLARSHIP AND SELECT THE WINNING STUDENTS. THE MONEY FOR EACH SCHOLARSHIP IS PUT ON THE STUDENTS ACCOUNT FOR THE FOLLOWING SEMESTER CREDIT COURSE AND TUITION REIMBURSEMENT - SEE 990 PART III, LINE 4B MONITORING GRANTS - GRANTS ARE MONITORED AS REQUESTED BY THE GRANTOR. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANZIATION EXECUTIVE DIRECTOR AND OTHERS REVIEW THE 990 PRIOR TO ITS RELEASE. FORM 990, PART VI, SECTION B, LINE 12C IF AND WHEN A CONTRACT FOR THE COLLEGE OR FOUNDATION IS UP FOR BID, THE ORGANIZATION MAKES SURE TO INCLUDE, BUT NOT GIVE SPECIAL CONSIDERATION TO ANY ONE WHO HOLDS A RELATIONSHIP WITH THE COLLEGE AND/OR FOUNDATION TRUSTEES WITH A RELATIONSHIP WITH BIDDERS RECUSE THEMSELVES FROM VOTING ON SUCH MATTERS. FORM 990, PART VI, SECTION B, LINE 15B THE EXECUTIVE DIRECTOR IS A STATE EMPLOYEE WHOSE SALARY IS SET BY THE STATE LAW. ANY ADDITIONAL BONUSES OR SALARY ADJUSTMENTS ARE CONSIDERED BY THE EXECUTIVE COMMITTEE BASED ON COMPENSATION TO OTHER SIMILAR POSITIONS. THERE WERE NO SALARY ADJUSTMENTS IN FISCAL YEAR 2011. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 505220. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -1505. TOTAL TO FORM 990, PART XI, LINE 5: 503715. OVERSIGHT OF THE AUDIT, REVIEW OR COMPLIATION OF THE FINANCIAL STATEMENTS THE FOUNDATION HAS AN AUDIT COMMITTEE THAT ASSUMES THE RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. TRIDENT TECHNICAL COLLEGE PO BOX 118067 CHARLESTON SC 29423 570440170 EMPOWERING INDIVIDUALS THROUGH EDUCATION AND TRAINING SC 501(C)(3) 0 0 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 TRIDENT TECHNICAL COLLEGE B 1296296 TRIDENT TECHNICAL COLLEGE J 720 TRIDENT TECHNICAL COLLEGE K 50967 TRIDENT TECHNICAL COLLEGE M 0 TRIDENT TECHNICAL COLLEGE N 50967 TRIDENT TECHNICAL COLLEGE O 0