2023-11-15T15:50:47-05:00 2023-06-30 590548468 PURVIS GRAY & COMPANY LLP 2347 SE 17TH STREET OCALA FL 34471 990 2022-07-01 237033822 FOUNDATION FOR SEMINOLE STATE COLLEGE OF FLORIDA INC FOUN 4077084570 1055 AAA DRIVE HEATHROW FL 32746 JOHN GYLLIN EXECUTIVE DIRECTOR 4077084570 2023-09-21 true JOHN GYLLIN 999009999 true HELEN Y PAINTER CPA P00414072 3527323872 2023-09-22 2022 2023-04-26 12:10:37Z JOHN GYLLIN 1055 AAA DRIVE HEATHROW FL 32746 14719595 false X WWW.SEMINOLESTATE.EDU/FOUNDATION X 1969 FL TO ENHANCE SEMINOLE STATE COLLEGE OF FLORIDA'S PROGRAMS AND SERVICES THROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE CONTRIBUTIONS AND COMMUNITY PARTNERSHIPS 39 39 0 250 0 1746010 2158407 340344 431414 1357403 603251 160201 201639 3603958 3394711 2476871 2586617 0 0 0 0 568113 613054 3044984 3199671 558974 195040 32827538 34727967 290960 185515 32536578 34542452 X TO ENHANCE SEMINOLE STATE COLLEGE OF FLORIDA'S PROGRAMS AND SERVICES THROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE CONTRIBUTIONS AND COMMUNITY PARTNERSHIPS. THE FOUNDATION PROVIDES RESOURCES THAT SUPPORT ACADEMIC EXCELLENCE, INCREASED ACCESS, AND VITAL COMMUNITY OUTREACH WHICH ASSIST IN THE ADVANCEMENT OF THE INSTITUTION, STUDENTS, FACULTY AND STAFF. false false 1239567 1239567 PROVIDE MERIT AND NEED BASED SCHOLARSHIPS, IN ACCORDANCE WITH DONOR CRITERIA, TO SEMINOLE STATE COLLEGE STUDENTS FOR THE YEAR ENDED JUNE 30, 2023. THE FOUNDATION AWARDED 1,612 SCHOLARSHIPS TO STUDENTS IN FISCAL YEAR 2023. THE AVERAGE SCHOLARSHIP AWARD WAS 769. 740976 699867 431414 PROVIDE FINANCIAL SUPPORT TO SEMINOLE STATE COLLEGE FOR MANY ACADEMIC UNITS, INCLUDING FINE AND PERFORMING ARTS, HONORS, SMALL BUSINESS SERVICES, NURSING, AUTOMOTIVE, CONSTRUCTION PROGRAM, ATHLETICS, SCIENCES, PUBLIC SAFETY, STUDENT SERVICES AND MANY OTHERS. 647183 647183 PROVIDE GRANTS TO SEMINOLE STATE COLLEGE TO SUPPORT FACULTY THROUGH ENDOWED TEACHING CHAIRS, MINI-GRANT AWARDS, STAFF DEVELOPMENT AND PERSONNEL COSTS FOR NURSING PROFESSORS AND FOR ADVISORS FOR FIRST TIME IN COLLEGE STUDENTS. 2627726 true true false true false false false false false true true false false false true true true false false false false false false false true true false true true true false false false false true false false false true true false false false true false false false true 14 1 true 0 false false false false false true true false false false false false false X 39 39 false false false false false false false true true false false false true true true true true true false false X X SEAN BARTH 4077084570 1055 AAA DRIVE HEATHROW FL 32746 JOHN GYLLIN EXECUTIVE DI 40.00 X 0 165402 26973 TREY ABSHIER DIRECTOR 1.00 X 0 0 0 CARRALYCE BUFORD DIRECTOR 1.00 X 0 0 0 EVELYN CARDENAS DIRECTOR 1.00 X 0 0 0 TIMOTHY COOK DIRECTOR 1.00 X 0 0 0 MELANIE CORNELL DIRECTOR 1.00 X 0 0 0 PATRICIA D'ALESSANDRO CHAIR 1.00 X X 0 0 0 JENNIFER DAVID DIRECTOR 1.00 X 0 0 0 SUSAN DOLAN DIRECTOR 1.00 X 0 0 0 DAN DONOVAN DIRECTOR 1.00 X 0 0 0 JAQUIE DUA DIRECTOR 1.00 X 0 0 0 HARRY ELLIS DIRECTOR 1.00 X 0 0 0 DANIEL GEBON DIRECTOR 1.00 X 0 0 0 DOMINIC GUNDACKER DIRECTOR 1.00 X 0 0 0 CATALINA HOYOS-NIPE DIRECTOR 1.00 X 0 0 0 JENNIFER JAMES DIRECTOR 1.00 X 0 0 0 TRICIA JOHNSON DIRECTOR 1.00 X 0 0 0 C MIKE LLOYD DIRECTOR 1.00 X 0 0 0 MAURIZIO MASO DIRECTOR 1.00 X 0 0 0 LARRY MEADOR DIRECTOR 1.00 X 0 0 0 KRISTY MOIST CHAIR ELECT 1.00 X X 0 0 0 MICHAEL MORGAN SECRETARY 1.00 X X 0 0 0 JOSH MURDOCK DIRECTOR 1.00 X 0 0 0 SAMUEL NELSON TREASURER 1.00 X X 0 0 0 BENJAMIN NEWMAN DIRECTOR 1.00 X 0 0 0 NANCY NGUYEN DIRECTOR 1.00 X 0 0 0 MICHELLE PIERCE DIRECTOR 1.00 X 0 0 0 OLIVER PINNOCK DIRECTOR 1.00 X 0 0 0 KEITH RAYMOND DIRECTOR 1.00 X 0 0 0 REBECCA RHODEN DIRECTOR 1.00 X 0 0 0 ROB ROSEN DIRECTOR 1.00 X 0 0 0 KENNETH ROSENFIELD DIRECTOR 1.00 X 0 0 0 CAITLIN SARAFIAN DIRECTOR 1.00 X 0 0 0 TIMOTHY SLATTERY DIRECTOR 1.00 X 0 0 0 TIM SMITH IMMEDIATE PA 1.00 X X 0 0 0 NYEA STURMAN DIRECTOR 1.00 X 0 0 0 KAREN SWEAT DIRECTOR 1.00 X 0 0 0 ROBERT UTSEY DIRECTOR 1.00 X 0 0 0 PARDEEP VEDI DIRECTOR 1.00 X 0 0 0 JEFF VILLANUEVA DIRECTOR 1.00 X 0 0 0 TOM WANNEN DIRECTOR 1.00 X 0 0 0 165402 26973 false true false 196071 103209 1859127 47164 2158407 PROGRAM REVENUE 611710 431414 431414 431414 879835 879835 8278617 2600000 8555201 2600000 -276584 -276584 -276584 350542 196071 169683 180859 180859 20780 20780 20780 3394711 431414 804890 1347050 1347050 1239567 1239567 32000 32000 144000 144000 112184 112184 82002 82002 5683 5683 36661 36661 5972 5972 41942 41942 4684 4684 PUBLIC REL/COMM SUP 51639 51639 MEMBERSHIP DUES 48280 48280 MATERIALS & SUPPLIES 40045 40045 FOOD 4002 4002 3960 1064 2896 3199671 2627726 571945 0 2455312 5316397 943716 206914 1472171 4072171 1472171 25349139 27721865 7200 10620 32827538 34727967 1976 288984 185515 290960 185515 X 6668123 11762289 25868455 22780163 32536578 34542452 32827538 34727967 195040 1810834 X false true X true false X 1557897 1752511 2036538 1746010 2158407 9251363 699962 687664 583814 600462 665341 3237243 2257859 2440175 2620352 2346472 2823748 12488606 573741 11914865 573003 587541 523167 573172 879835 3136718 287031 422249 295744 337707 371322 1714053 17339377 1780914 0.68720 0.63860 X PART II, LINE 10 SPECIAL EVENT REVENUE 1,675,598 GAMING 38,455 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 144000 144000 false SCHEDULE C, PART II-B, LINE 1 HIRED LOBBYIST FIRM TO PRESENT SEMINOLE STATE COLLEGE'S NEEDS TO STATE GOVERNMENT LEADERS. 25868455 1833640 1621103 2415831 3878122 249082 22780163 29078522 1488853 -2513150 1175550 679272 330948 25868455 19378304 198407 5166612 461647 47987 357615 23876074 19370911 287740 569124 401958 133450 314063 19378304 18683054 597253 1049893 522813 126379 310097 19370911 0.29290 0.59830 0.10880 false false 1472171 1472171 1472171 DUE TO RELATED PARTY 161110 ASSETS HELD FOR COLLEGE CLUBS 24405 185515 X 5758702 1810834 665341 2476175 3282527 112184 112184 3394711 3752828 665341 665341 3087487 112184 112184 3199671 SCHEDULE D, PAGE 2, PART V, LINE 4 TO PROVIDE SCHOLARSHIPS FOR STUDENTS, ENDOWED TEACHING CHAIRS FOR OUTSTANDING FACULTY AND TO PROVIDE EDUCATIONAL PROGRAM SUPPORT IN AREAS SPECIFIED BY DONORS. SCHEDULE D, PAGE 3, PART X INCOME TAXES THE FOUNDATION IS A NON-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE IRC AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES IN ACCORDANCE WITH SECTION 509(A) OF THE IRC. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE REQUIREMENTS FOR THE RECOGNITION OF INCOME TAXES IN CONSOLIDATED FINANCIAL STATEMENTS, AND THE AMOUNTS RECOGNIZED ARE AFFECTED BY INCOME TAX POSITIONS TAKEN BY THE FOUNDATION IN ITS TAX RETURNS. THE FOUNDATIONS STATUS AS AN EXEMPT ORGANIZATION IS DEFINED AS AN INCOME TAX POSITION UNDER THESE REQUIREMENTS. WHILE MANAGEMENT BELIEVES IT HAS COMPLIED WITH THE IRC, THE SUSTAINABILITY OF SOME INCOME TAX POSITIONS TAKEN BY THE FOUNDATION IN ITS TAX RETURNS MAY BE UNCERTAIN. THERE ARE MINIMUM THRESHOLDS OF IKELIHOOD THAT UNCERTAIN TAX POSITIONS ARE REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE THAT THE FOUNDATION HAS ANY MATERIAL UNCERTAIN TAX POSITIONS AT JUNE 30, 2023. IN THE EVENT INTEREST AND PENALTIES WERE DUE RELATING TO AN UNSUSTAINABLE TAX POSITION, THEY WOULD BE TREATED AS A COMPONENT OF INCOME TAX EXPENSE. SCHEDULE D, PAGE 4, PART XIII PART V, LINE 1E (A) CURRENT YEAR: COLUMN (A) (CURRENT YEAR) INCLUDES THE REMOVAL DURING THE FISCAL YEAR 6/30/23 OF 4,259,147 OF 6/30/22 BOARD DESIGNATED FUNDS. THESE FUNDS ARE NOW REPORTED AS UNRESTRICTED IN THE FINANCIAL STATEMENTS AND FORM 990, PART X. DREAM GALA 492142 196071 296071 525 24511 13701 52259 500 63796 DREAM CUP 54471 54471 1486 7000 256 5649 546613 196071 350542 525 25997 20701 52515 500 69445 169683 180859 false false 20780 false 20780 20780 FL true false false false 1.00000 SEAN BARTH 1055 AAA DRIVE HEATHROW FL 32746 false false true SEMINOLE STATE COLLEGE OF FLORIDA 100 WELDON BLVD SANFORD FL 32773 591210158 GOV 1299886 34914 FMV AUTOS SEE PART IV SEMINOLE STATE COLLEGE OF FLORIDA 100 WELDON BLVD SANFORD FL 32773 591210158 GOV 12250 FMV ART/FURNISHINGS SEE PART IV 1 SCHOLARSHIPS 1612 1239567 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION PROVIDES ASSISTANCE TO SEMINOLE STATE COLLEGE FOR STUDENTS, FACULTY ENDOWED TEACHING CHAIRS, EDUCATIONAL MATERIALS, AND PROGRAM SUPPORT. (1) FOR STUDENT SCHOLARSHIPS, STUDENTS MUST SATISFY THE SCHOLARSHIP-SPECIFIC CRITERIA OF DONORS. NEED-BASED SCHOLARSHIPS REQUIRE THE STUDENTS TO COMPLETE THE FAFSA. OTHER QUALIFICATIONS ARE ALSO CONSIDERED SUCH AS GPA, ESSAYS, AND FACULTY RECOMMENDATIONS. THE FOUNDATION TRACKS THE NAME OF THE STUDENT WITH EACH AWARD AMOUNT. STUDENTS APPLY ONLINE FOR SCHOLARSHIPS FOR EACH OF THE FALL, SPRING AND SUMMER SEMESTERS. APPLICATIONS ARE REVIEWED AND RANKED BY VARIOUS ASSESSORS, INCLUDING FOUNDATION STAFF, FINANCIAL AID, STUDENT DEVELOPMENT SERVICES, FOUNDATION BOARD MEMBERS, AND MANY VARIOUS ACADEMIC PROGRAM STAFF. STUDENTS ARE PLACED INTO CONSIDERATION FOR ANY SCHOLARSHIP THEY SELECT AND FOR WHICH THE SYSTEM HAS DETERMINED THEY MEET SPECIFIC DONOR CRITERIA. FINANCIAL AID WILL CREDIT STUDENTS' ACCOUNTS AND INVOICES ARE SENT BY THE COLLEGE TO THE FOUNDATION FOR PAYMENT. THE FOUNDATION VERIFIES THE INVOICE AGAINST ITS OWN INTERNAL TRACKING SCHEDULE BEFORE REMITTING PAYMENT. (2)ENDOWED TEACHING CHAIR AWARDS SERVE TO REWARD EXCELLENCE IN THE CLASSROOM. FULL-TIME FACULTY WHO HAVE 2+ YEARS OF TEACHING EXPERIENCE ARE ELIGIBLE TO RECEIVE ETC AWARDS. APPLICANTS ARE NOMINATED BY FELLOW FACULTY AND STAFF AND ALL ELIGIBLE NOMINEES ARE VETTED BY A COMMITTEE OF FELLOW FACULTY AND STAFF FROM MULTIPLE AREAS WITHIN THE COLLEGE. THE SCREENING COMMITTEE NARROWS THE SELECTION BASED ON CRITERIA, INCLUDING NOMINEE RESUMES AND THEIR PERSONAL TEACHING APPROACH, CLASSROOM OBSERVATIONS, FACULTY AND STUDENT SURVEYS. FINAL HONOREES ARE CHOSEN BY THE FOUNDATION BOARD OF DIRECTORS AFTER A REVIEW OF THE COLLECTED MATERIALS OF THE FINALISTS AND PERSONAL INTERVIEWS. ENDOWED TEACHING CHAIR FUNDS ARE ALSO PROVIDED FOR MISSION-RELATED TRAVEL FOR QUALIFIED FACULTY, AS APPROVED BY THE VP, ACADEMIC SERVICES, FOR ADJUNCT FACULTY EXCELLENCE AWARDS, AND FOR STIPENDS TO ADJUNCTS UPON COMPLETION OF SPECIALIZED TRAINING COURSES. (3)THERE ARE MANY TEMPORARILY RESTRICTED FUNDS HELD BY THE FOUNDATION THAT ARE AVAILABLE FOR VARIOUS ACADEMIC PROGRAMS. THE PROGRAM MANAGER (OR CHAIR, DIRECTOR, OR DEAN FOR THE PARTICULAR PROGRAM) IS AUTHORIZED TO UTILIZE THESE FUNDS (WITH VICE PRESIDENT APPROVAL FOR AMOUNTS OF 1,000 OR MORE) TO PURCHASE CLASSROOM MATERIALS, HAVE STAFF AND FACULTY ENHANCE THEIR JOB SKILLS, OR INCUR SIMILAR EXPENSE TO ENHANCE THE LEARNING EXPERIENCE OF THE STUDENT. SCHEDULE I, PAGE 4, PART IV PART II, LINE 1, COLUMN (H): TO PROVIDE ASSISTANCE TO SEMINOLE STATE COLLEGE FOR STUDENTS, ENDOWED TEACHING CHAIRS, AND EDUCATIONAL MATERIALS AND PROGRAM SUPPORT. false false false false false false false false false JOHN GYLLIN EXECUTIVE DIRECTOR 156502 3500 5400 19622 7351 192375 RELATED TO BOARD MEMBERS DIRECTORS' CHILDREN 1864 MERIT BASED SCHOLARSHIP EDUCATION X 3 9000 FAIR MARKET VALUE X 4 34914 FAIR MARKET VALUE X FURNISHINGS 1 3000 FAIR MARKET VALUE X PHOTO EQUIPMENT 1 250 FAIR MARKET VALUE false true false SCHEDULE M, PAGE 2, PART II THE NUMBER OF ITEMS IS BEING REPORTED IN PART I, COLUMN (B) FOR ALL EXCEPT LINE 26, WHICH IS THE NUMBER OF CONTRIBUTIONS. FORM 990 - ORGANIZATION'S MISSION TO ENHANCE SEMINOLE STATE COLLEGE OF FLORIDA'S PROGRAMS AND SERVICES THROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE CONTRIBUTIONS AND COMMUNITY PARTNERSHIPS. THE FOUNDATION PROVIDES RESOURCES THAT SUPPORT ACADEMIC EXCELLENCE, INCREASED ACCESS, AND VITAL COMMUNITY OUTREACH WHICH ASSIST IN THE ADVANCEMENT OF THE INSTITUTION, STUDENTS, FACULTY AND STAFF. FORM 990, PAGE 6, PART VI, LINE 11B THE DRAFT FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE FOR REVIEW AND COMMENTS VIA CONFERENCE CALL OR IN-PERSON BEFORE BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT EACH YEAR AT THE ANNUAL MEETING. THE EXECUTIVE ASSISTANT FOR THE FOUNDATION FOLLOWS UP WITH MEMBERS WHO DO NOT RESPOND BY THE REQUESTED TIME PERIOD. MEMBERS ARE REMINDED AT MEETINGS TO ABSTAIN FROM VOTING IF THERE IS A POTENTIAL CONFLICT OF INTEREST AND TO VERBALLY STATE THAT THEY ARE ABSTAINING. ANY KNOWN CONFLICTS ARE DISCUSSED AND VERBALIZED PRIOR TO DECISION-MAKING ACTIONS. FORM 990, PAGE 6, PART VI, LINE 15A ALL OF THE FOUNDATION STAFF ARE ACTUALLY EMPLOYEES OF SEMINOLE STATE COLLEGE. THE FOUNDATION LEGAL ENTITY HAS NO EMPLOYEES. THE COLLEGE FOLLOWS THIS PROCESS FOR DETERMINING THE CEO COMPENSATION AS OF JULY 20, 2004. THE STATE BOARD OF EDUCATION ADMINISTRATIVE RULE 6A-14 041 AUTHORIZES THE BOARD OF TRUSTEES AT EACH COLLEGE IN THE FLORIDA COLLEGE SYSTEM TO PRESCRIBE CONTRACT FORMS FOR EMPLOYEES AT THEIR RESPECTIVE INSTITUTIONS. EFFECTIVE JULY 1, 2006, THE SEMINOLE STATE COLLEGE BOARD OF TRUSTEES APPROVED THE FORM CONTRACT OF EMPLOYMENT FOR PROFESSIONAL AND ADMINISTRATIVE PERSONNEL TO BE USED AS THE STANDARD FOR THE CEO POSITION. IN JAN 2008, THE SEMINOLE STATE COLLEGE BOARD OF TRUSTEES APPROVED A REVISION TO THIS FORM, TO BE EFFECTIVE JANUARY 1, 2008. ALL CONTRACTS ARE APPROVED EACH YEAR BY THE BOARD OF TRUSTEES. THE PROCESS FOR DETERMINING THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS ONCE A YEAR. THE PRESIDENT SHALL RECOMMEND SALARY SCHEDULES TO THE BOARD OF TRUSTEES FOR ITS APPROVAL. THE FOLLOWING SALARY CONDITIONS APPLY FOR STAFF PERSONNEL SALARIES. THE COLLEGE SHALL CONSIDER SALARIES PAID IN THE COMMUNITY AND OTHER INSTITUTIONS FOR WORK REQUIRING LIKE RESPONSIBILITY, SKILL, ABILITY, EXPERIENCE, AND AUTHORITY. THE COLLEGE FOLLOWS A CONSISTENT POLICY FOR COMPENSATION. LISTED BELOW IS AN EXCERPT FROM THE OFFICIAL POLICY AND IT IS FURTHER DETAILED IN THE ANNUAL COLLEGE SALARY SCHEDULE POSTED ON ITS WEBSITE AND APPROVED BY THE COLLEGE BOARD OF TRUSTEES EACH YEAR, WITH THE ANNUAL 2022-2023 SALARY APPROVED MARCH 15, 2023, EFFECTIVE JANUARY 1, 2023. THIS SCHEDULE IS MADE AVAILABLE TO ALL COLLEGE EMPLOYEES CREDITABLE EXPERIENCE FOR FULL TIME PROFESSIONALS AND ADMINISTRATORS. THE ASSOCIATE VICE-PRESIDENT OF HUMAN RESOURCES MAY RECOMMEND TO THE PRESIDENT A SALARY BETWEEN THE MINIMUM AND MIDPOINT OF THE ESTABLISHED RANGE FOR PROFESSIONAL AND ADMINISTRATIVE EMPLOYEES. FACTORS AFFECTING THE RECOMMENDED SALARY MAY INCLUDE EXPERIENCE, QUALIFICATIONS, MARKET CONDITIONS, INTERNAL EQUITY, ETC. FORM 990, PAGE 6, PART VI, LINE 19 PAPER AND ELECTRONIC COPIES OF THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 IS MAINTAINED IN THE FOUNDATION FINANCE OFFICE FOR PUBLIC VIEWING AND AVAILABLE UPON REQUEST. SEMINOLE STATE COLLEGE OF FLORIDA 100 WELDON BLVD SANFORD FL 32773 591210158 EDUCATION FL GOVT N/A false false true false false true false false false false false false false false true true true false false false SEMINOLE STATE COLLEGE OF FLORIDA B 2586617 CASH SEMINOLE STATE COLLEGE OF FLORIDA E 102036 CASH SEMINOLE STATE COLLEGE OF FLORIDA N 67834 IN-KIND (CASH VALUE) SEMINOLE STATE COLLEGE OF FLORIDA O 597507 IN-KIND (CASH VALUE)