PRESIDENT

2011-09-15T13:37:29-05:00 2011-06-30 LOWDERMILK CHURCH & CO LLP 121 NORTH STERLING STREET MORGANTON NC 28655 990 2010-07-01 237227728 WESTERN PIEDMONT FOUNDATION INC WEST 8284486020 1001 BURKEMONT AVENUE MORGANTON NC 28655 MALONE MCNEELY PRESIDENT 8284386011 2011-09-06 1 8284331226 2010 2016-03-07 17:11:31Z MALONE MCNEELY 1001 BURKEMONT AVENUE MORGANTON NC 28655 331761 0 X N/A X 1968 NC WESTERN PIEDMONT FOUNDATION IS OPERATED EXCLSIVELY TO RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY AND MAKE EXPENDITURES TO BENEFIT WESTERN PIEDMONT CC 18 18 0 20 0 0 172467 304030 0 0 47058 27731 0 0 219525 331761 0 0 0 0 0 0 0 0 8538 144773 104902 144773 104902 74752 226859 2023054 2273134 0 0 2023054 2273134 NONE 0 0 61691 SUPPORT TO WESTERN PIEDMONT COMMUNITY COLLEGE FOR SCHOLARSHIPS, DEVELOPMENT GRANTS, FIXED ASSET PURCHASING AND ENRICHMENT PROGRAMS 61691 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 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 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 X MALONE MCNEELY 8284486020 WESTERN PIEDMONT COMMUNITY COLLEGE MORGANTON NC 28655 X LARRY MCMAHON BOARD MEMBER X 0 0 0 SUE HOLLAR BOARD MEMBER X 0 0 0 EARL SEARCY III BOARD MEMBER X 0 0 0 JOHN T BRANSTROM BOARD MEMBER X 0 0 0 STEVEN SUDDERTH BOARD MEMBER X 0 0 0 WILLIAM LENNON BOARD MEMBER X 0 0 0 AMPARO ALFARO BOARD MEMBER X 0 0 0 H DOCKERY TEELE JR BOARD MEMBER X 0 0 0 RONALD MARTIN BOARD MEMBER X 0 0 0 JOHN P ROSTAN III BOARD MEMBER X 0 0 0 SUSAN POLLPETER BOARD MEMBER X 0 0 0 LINDA WALL BOARD MEMBER X 0 0 0 GINA VASSALLO BOARD MEMBER X 0 0 0 RICH DEAUGUSTINIS SECRETARY X 0 0 0 PHILIP MOORE 3RD VP X 0 0 0 TERRY CHILDERS 2ND VP X 0 0 0 JANE MOODY TREASURER X 0 0 0 DR ROGER JACKSON PRESIDENT X 0 0 0 0 0 0 0 0 0 0 0 12500 291530 138000 304030 27731 27731 0 12500 0 0 331761 27731 0 0 5000 5000 SCHOLARSHIPS 58092 58092 GENERAL EXPENSES 29673 29673 GENERAL AND GOLF FUNDRA 8538 8538 INSTRUCTIONAL AWARDS 3544 3544 INSTITUTUIONAL GRANTS 55 55 104902 61691 34673 8538 1512780 1599088 3188 1903 138000 0 138000 507086 534143 2023054 2273134 0 0 X 29241 198225 216706 272322 1777107 1802587 2023054 2273134 2023054 2273134 X 226859 23221 X 0 1 1 X 0 X 605409 818514 228280 172467 291530 2116200 605409 818514 228280 172467 291530 2116200 466189 1650011 26036 22168 89058 47058 50952 235272 2351472 12980 0.70170 0.73290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1777107 10000 26833 11353 1802587 1696525 77652 2930 1777107 1534537 161990 1696525 0 0 138000 138000 138000 INVESTMENTS 534143 C 534143 331761 104902 226859 23221 23221 250080 354982 23221 23221 331761 0 331761 104902 0 104902 0 104902 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, 2011, 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 2008. X 1 138000 TAX VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 DONE AT BOARD MEETING 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 CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 23,221.