2023-10-20T07:17:15-05:00 2023-06-30 060903326 WHITTLESEY PC 14 BOBALA RD HOLYOKE MA 01040 990 2022-07-01 237181691 HOLYOKE COMMUNITY COLLEGE FOUNDATIONINC HOLY 4135522747 303 HOMESTEAD AVENUE HOLYOKE MA 01040 AMANDA SBRISCIA EXECUTIVE DIRECTOR 4135522747 2023-10-18 1 AMANDA SBRISCIA 999009999 0 LISA WILLS P01828548 4135363970 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AMANDA SBRISCIA 303 HOMESTEAD AVENUE HOLYOKE MA 01040 12540741 0 X WWW.HCC.EDU/FOUNDATION X 1968 MA TO PROVIDE SUPPORT FOR PROGRAMS AND ACTIVITIES WHICH ENHANCE THE QUALITY OF EDUCATION AND EXPAND THE EDUCATIONAL OPPORTUNITIES FOR STUDENTS AT HOLYOKE COMMUNITY COLLEGE. 29 29 0 0 0 0 784351 8500758 0 0 1024218 825313 191776 179526 2000345 9505597 797572 1530587 0 0 0 0 0 0 52692 751263 872710 1548835 2403297 451510 7102300 19991591 28395035 1309928 1859279 18681663 26535756 X SEE SCHEDULE OTHE HOLYOKE COMMUNITY COLLEGE FOUNDATION IS A CHARITABLE CORPORATION ORGANIZED UNDER THE LAWS OF THE COMMONWEALTH OF MASSACHUSETTS. THE FOUNDATION, WHICH IS FISCALLY AND LEGALLY SEPARATE FROM THE COLLEGE, EXISTS FOR THE SOLE PURPOSE OF PROVIDING SUPPORT FOR PROGRAMS AND ACTIVITIES WHICH ENHANCE THE QUALITY OF EDUCATION AND EXPAND THE EDUCATIONAL OPPORTUNITIES FOR STUDENTS ENROLLED AT HOLYOKE COMMUNITY COLLEGE. THE FOUNDATION PROVIDES A PERPETUAL TRUSTEESHIP FOR CAPITAL FUNDS DONATED BY INDIVIDUALS AND ORGANIZATIONS TO SUPPORT SPECIFIC PROGRAMS AND ACTIVITIES WHICH BENEFIT THE COLLEGE AND THE COMMUNITY IT SERVES. 0 0 2131535 1530587 993276 SEE SCHEDULE OTHE PURPOSE OF THE HOLYOKE COMMUNITY COLLEGE FOUNDATION IS TO SECURE, INVEST, AND STEWARD FINANCIAL AND OTHER RESOURCES TO ENHANCE THE QUALITY OF EDUCATION AND EXPAND EDUCATIONAL OPPORTUNITIES FOR HCC STUDENTS. GOVERNED BY A BOARD OF DIRECTORS, THE HCC FOUNDATION AWARDED MORE THAN $300,000 IN SCHOLARSHIPS DURING THE YEAR ENDED JUNE 30, 2023. DURING THIS YEAR, THE HCC FOUNDATION ALSO PROVIDED DIRECT PROGRAM SUPPORT FOR ACADEMIC PROGRAMS AND STUDENT SUPPORT SERVICES ACROSS CAMPUS, INCLUDING CLASSROOM EQUIPMENT, UPGRADED TECHNOLOGY, GUEST SPEAKERS, FACILITY RENOVATIONS, AND MORE. THE FOUNDATION IS ALSO COMMITTED TO HELPING STUDENTS OVERCOME BARRIERS TO SUCCESS THROUGH THE PRESIDENT'S STUDENT EMERGENCY FUND. ALL FOUNDATION FUNDRAISING IS SUPPORTED BY MEANINGFUL STEWARDSHIP AND DONOR RELATIONS THAT CELEBRATES DONORS' CONTRIBUTIONS AND COMMITMENT TO OUR MISSION. 2131535 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X AMANDA SBRISCIA 4135522747 303 HOMESTEAD AVE HOLYOKE MA 01040 COREY MURPHY CHAIRMAN 2.00 X X 0 0 0 SUSAN GOLDSMITH VICE CHAIR 2.00 X X 0 0 0 DEANA L MCPHERSON TREASURER 2.00 X X 0 0 0 MICHAEL ROUNDY VICE TREASURER 2.00 X X 0 0 0 NIKKI BURNETT DIRECTOR 2.00 X 0 0 0 JOHN DRISCOLL DIRECTOR 2.00 X 0 0 0 KIP FOLEY DIRECTOR 2.00 X 0 0 0 WENDY FOX DIRECTOR 2.00 X 0 0 0 JOSHUA GARCIA DIRECTOR 2.00 X 0 0 0 ERIN GODFREY DIRECTOR 2.00 X 0 0 0 MAURA GREANEY DIRECTOR 2.00 X 0 0 0 TED HEBERT DIRECTOR 2.00 X 0 0 0 SINA HOLLOMAN DIRECTOR 2.00 X 0 0 0 FRANCIS M KANE DIRECTOR 2.00 X 0 0 0 MARY KAEDING DIRECTOR 2.00 X 0 0 0 MICHAEL LYNCH DIRECTOR 2.00 X 0 0 0 TIFFANY CUTTING MADRU DIRECTOR 2.00 X 0 0 0 ALAINA MACAULAY DIRECTOR 2.00 X 0 0 0 EVAN PLOTKIN DIRECTOR 2.00 X 0 0 0 RYAN REGE DIRECTOR 2.00 X 0 0 0 ISRAEL RIVERA DIRECTOR 2.00 X 0 0 0 GARY ROME DIRECTOR 2.00 X 0 0 0 DR CHRISTINA ROYAL DIRECTOR 2.00 X 0 235857 0 AMANDA SBRISCIA DIRECTOR 2.00 X 0 126900 0 LYNN STARR DIRECTOR 2.00 X 0 0 0 CAMILLE THERIAQUE DIRECTOR 2.00 X 0 0 0 TIMOTHY WEGIEL DIRECTOR 2.00 X 0 0 0 0 362757 0 0 0 1 0 0 8500758 5217 8500758 422535 422535 493894 325931 167963 167963 167963 3092758 2689980 402778 402778 402778 30796 19233 11563 11563 9505597 993276 0 11563 1280497 1280497 250090 250090 32000 32000 55431 55431 85463 85463 63837 9115 2030 52692 44146 44146 3842 3842 482 482 580258 580258 7251 7251 2403297 2131535 219070 52692 603174 478924 74313 6860284 42799 0 32340 58595 6132444 3238431 3474271 2894013 15764694 17086361 1016858 19991591 28395035 339019 39475 970909 786924 0 1032880 1309928 1859279 X 3758979 3686390 14922684 22849366 18681663 26535756 19991591 28395035 7102300 751793 0 X X 0 1 X 1 0 X 2118080 885736 598074 784351 8500758 12886999 2118080 885736 598074 784351 8500758 12886999 12886999 627237 318013 284590 425210 422535 2077585 -4073 3735 3735 -589 2808 14967392 0.86100 0.65500 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS-NET PROCEEDS - 2018 AMOUNT: $ -8,573. 2019 AMOUNT: $ 3,235. 2020 AMOUNT: $ 3,735. 2021 AMOUNT: $ -589. LICENSE AGREEMENT INCOME - 2018 AMOUNT: $ 4,500. 2019 AMOUNT: $ 500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 13105512 97417 1249450 248181 14204198 15210137 169555 -1871603 402577 13105512 11788423 425044 3021330 24660 15210137 10442035 1152168 496066 301846 11788423 9709954 177001 832541 277462 10442035 0.54000 0.46000 1 0 100754 100754 5529359 3031220 2498139 502331 207211 295120 2894013 OPERATING LEASE LIABILITY 1032880 1032880 10650332 751793 103209 345164 1200166 9450166 55431 55431 9505597 2796239 103209 345164 448373 2347866 55431 55431 2403297 PART III, LINE 4: A COLLECTION OF ART, WHICH WAS ACQUIRED THROUGH PURCHASE AND CONTRIBUTIONS SINCE THE FOUNDATION'S INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF ART FOR THE COLLECTION ARE RECORDED AS A DECREASE IN THE APPROPRIATE NET ASSET CLASS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES, IF ANY, ARE USED FOR DIRECT CARE OF THE EXISTING COLLECTION. DIRECT CARE INCLUDES COSTS TO MAINTAIN THE CONDITION AND QUALITY OF THE ITEMS IN THE COLLECTION. PART V, LINE 4: THE ORGANIZATION INTENDS TO USE THE ENDOWMENT FUNDS TO FULFILL ITS PURPOSE, WHICH IS TO PROVIDE SUPPORT FOR PROGRAMS AND ACTIVITIES WHICH ENHANCE THE QUALITY OF EDUCATION AND EXPAND THE EDUCATIONAL OPPORTUNITIES FOR STUDENTS ENROLLED AT HOLYOKE COMMUNITY COLLEGE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 19,233. RENTAL EXPENSE 325,931. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 19,233. RENTAL EXPENSE 325,931. GOLF 30796 30796 19233 30796 30796 19233 19233 11563 1 HOLYOKE COMMUNITY COLLEGE 303 HOMESTEAD AVENUE HOLYOKE MA 01040 042719849 1280497 0 FMV DIRECT SUPPORT OF THE COLLEGE VARIOUS SCHOLARSHIPS AND AWARDS GRANTED 340 250090 FMV PART I, LINE 2: PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS: SCHOLARSHIP REQUESTS ARE FIRST PRESCREENED BY A SOFTWARE PACKAGE BASED ON THE SPECIFIC TERMS OF EACH SCHOLARSHIP FUND AND INFORMATION IN THE INDIVIDUAL'S APPLICATION TO DETERMINE WHICH SCHOLARSHIP(S) ARE AVAILABLE TO THE INDIVIDUAL. THE SCHOLARSHIP COMMITTEE THEN MAKES THE FINAL DETERMINATION OF SCHOLARSHIP AWARDS BASED ON THE TERMS OF EACH SCHOLARSHIP FUND AND INFORMATION PROVIDED BY THE APPLICANTS. GRANTS DIRECTLY TO HOLYOKE COMMUNITY COLLEGE ARE APPROVED EACH YEAR BY VOTE OF THE BOARD OF DIRECTORS BASED ON REQUESTS MADE BY THE COLLEGE. 0 0 0 0 0 0 0 0 0 DR CHRISTINA ROYAL DIRECTOR 0 232695 0 0 0 3162 0 0 0 0 0 235857 0 0 HOLYOKE COMMUNITY COLLEGE TO SUPPORT COLLEGE 250090 SCHOLARSHIPS AND OTHER SUPPORT 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS WITH THE ANNUAL AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE DIRECTOR MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ON-GOING BASIS THROUGHOUT THE YEAR. THE ORGANIZATION DISCLOSES ANY RELATED PARTY TRANSACTIONS IN THE ANNUAL FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST OF THE INTERESTED PARTY. FORM 90, PART XII, LINE 2C THERE WERE NO CHANGES TO THE OVERSIGHT OR SELECTION PROCESS DURING THE YEAR HOLYOKE COMMUNITY COLLEGE 303 HOMESTEAD AVENUE HOLYOKE MA 01040 042719849 EDUCATION MA 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 HOLYOKE COMMUNITY COLLEGE O 103209 COST