2023-11-13T08:18:15-05:00 2022-12-31 541896113 ROBINSON FARMER COX ASSOCIATES 10 HEDGEROW DR STAUNTON VA 24401 990 2022-01-01 510247624 LAUREL RIDGE COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC LAUR 5408684078 173 SKIRMISHER LANE MIDDLETOWN VA 22645 LIV HEGGOY EXECUTIVE DIRECTOR 5408684078 2023-08-01 true LIV HEGGOY 999009999 false JAMES W KELLY P01486083 5402487300 2023-11-13 2022 2023-04-26 12:10:37Z LIV HEGGOY 173 SKIRMISHER LANE MIDDLETOWN VA 22645 5415754 false X LAURELRIDGEFOUNDATION.ORG X 1980 THE MISSION OF LAUREL RIDGE COMMUNITY COLLEGE IS TO PROVIDE A POSITIVE, CARING AND DYNAMIC LEARNING ENVIRONMENT THAT INSPIRES STUDENT SUCCESS, VALUES DIVERSITY AND PROMOTES COMMUNITY VITALITY. IN SUPPORT OF THAT MISSION, THE LAUREL RIDGE COMMUNITY COLLEGE EDUCATIONAL FOUNDATION SEEKS FUNDING TO SUPPORT THE COLLEGE, ITS STUDENTS, AND ITS FACULTY AND STAFF. 19 17 0 11 0 1594526 3128354 755000 810000 425658 262979 125441 72292 2900625 4273625 531286 427428 0 242075 177772 0 43811 2375168 1947948 3148529 2553148 -247904 1720477 34468730 35003255 11015471 11159973 23453259 23843282 X THE MISSION OF LAUREL RIDGE COMMUNITY COLLEGE IS TO PROVIDE A POSITIVE, CARING AND DYNAMIC LEARNING ENVIRONMENT THAT INSPIRES STUDENT SUCCESS, VALUES DIVERSITY AND PROMOTES COMMUNITY VITALITY. IN SUPPORT OF THAT MISSION, THE LAUREL RIDGE COMMUNITY COLLEGE EDUCATIONAL FOUNDATION SEEKS FUNDING TO SUPPORT THE COLLEGE, ITS STUDENTS, AND ITS FACULTY AND STAFF. false false 427428 427428 THE FOUNDATION AWARDS SCHOLARSHIPS TO ASSIST STUDENTS WITH TUITION, BOOKS, AND/OR FEES. THE SCHOLARSHIPS ARE AWARDED BASED ON NEED AND MERIT AS DETERMINED BY THE SCHOLARSHIP CRITERIA. THE SCHOLARSHIP PROGRAM REDUCES THE NUMBER OF STUDENTS WHOSE FINANCIAL NEED PREVENTS ENROLLMENT IN THE LFCC ACADEMIC PROGRAMS. 1870611 810000 THE FOUNDATION PROVIDES FUNDS FOR ACADEMIC PROGRAMS, FACULTY SALARIES, FACULTY UPGRADES, EQUIPMENT, FACILITY, AND PROFESSIONAL DEVELOPMENT FOR LFCC EMPLOYEES. 2298039 true true false false false false false true false true true false false false true false true false false false false false false false false false false false true false true false false false false false false false false false false true false false false false false false false false true 0 0 0 false false false false false false false false X 19 17 false false false false false false false true true false false false true true true false false true false false X LAUREL RIDGE COMMUNITY COLLEGE 5408684091 173 SKIRMISHER LANE MIDDLETOWN VA 22645 X DEBBIE DONEHEY CHAIR 2.00 X X 0 0 0 JIM WATKINS VICE CHAIR 2.00 X X 0 0 0 CRAIG SHORT TREASURER 2.00 X X 0 0 0 KIMBERLY BLOSSER SECRETARY 2.00 X X 0 0 0 PAUL ADAM MEMBER 1.00 X 0 0 0 JOEL BARKMAN MEMBER 1.00 X 0 0 0 BRAD HODGSON MEMBER 1.00 X 0 0 0 DEBBIE DONEHEY MEMBER 1.00 X 0 0 0 ANNE HALL MEMBER 1.00 X 0 0 0 IRENE HARDESTY MEMBER 1.00 X 0 0 0 CHARLES MCWILLIAMS MEMBER 1.00 X 0 0 0 BRANDON LOREY MEMBER 1.00 X 0 0 0 KELLIE POST MEMBER 1.00 X 0 0 0 JASON ROTZ MEMBER 1.00 X 0 0 0 CARL RUSH MEMBER 1.00 X 0 0 0 DOUG STALLARD MEMBER 1.00 X 0 0 0 LIV HEGGOY EXECUTIVE DI 40.00 X 0 0 0 false false false 3128354 1012498 3128354 FACILITY LEASE 810000 810000 810000 257636 257636 1147472 1142129 5343 5343 5343 MANAGEMENT FEE 54432 54432 OTHER INCOME 17860 17860 72292 4273625 887635 257636 427428 427428 177772 104820 72952 5136 5136 26555 26555 48216 48216 48159 4348 43811 1395 1395 51 51 363631 363631 409198 409198 15262 6268 8994 PROJECTS IN SUPPORT OF LF 981894 981894 REPAIRS & MAINTENANCE 22484 22484 MISCELLANEOUS 11909 4800 7109 TAXES AND LICENSES 9626 9626 4432 4432 2553148 2298039 211298 43811 574863 586067 6380297 8482337 665539 457489 19790409 2327187 17872420 17463222 8791482 6865057 184129 1149083 34468730 35003255 165187 634522 810000 810000 5379049 5118752 4661235 4555187 41512 11015471 11159973 X 7673085 11917469 15780174 11925813 23453259 23843282 34468730 35003255 1720477 -1330454 X false true X true false X 2219302 834441 1494019 1594526 3128354 9270642 2219302 834441 1494019 1594526 3128354 9270642 9270642 244644 273893 224926 198466 257636 1199565 8486 8486 10478693 2520041 0.88470 0.88100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 8830314 1207000 -1168619 327307 8541388 8962492 1506393 1010915 2649486 8830314 15904722 2477710 580703 10000643 8962492 14690656 1657471 1232356 1675761 15904722 13137101 3676836 -677669 337678 1107934 14690656 1.00000 false false 3422500 3422500 16367909 2327187 14040722 17463222 RETAINAGE PAYABLE 41512 41512 3308302 -1330454 413347 -917107 4225409 48216 48216 4273625 2918279 413347 413347 2504932 48216 48216 2553148 SCHEDULE D, PAGE 2, PART V, LINE 4 THE FOUNDATION'S ENDOWMENT FUNDS WERE ESTABLISHED FOR A VARIETY OF PURPOSES AND ARE DONOR-RESTRICTED, THE MAIN PURPOSE IS TO MAINTAIN FUNDS THAT ARE TO BE AWARDED AS SCHOLARSHIPS TO ASSIST STUDENTS WITH TUITION, BOOKS, AND FEES. false SCHOLARSHIPS 253 427428 CASH VALUE A CLARKE COUNTY IDA BONDS 542053914 C42844904 2012-12-28 8400000 FINANCE THE COST OF CONSTRUCTING A MULTI-PURPOSE STUDENT UNION BUILDING FOR LAUREL RIDGE COMMUNITY C false false false A 2422199 8400000 98704 127118 8400000 2014 false false true true A false false false false false false false A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION CLARKE COUNTY IDA BONDS FINANCE THE COST OF CONSTRUCTING A MULTI-PURPOSE STUDENT UNION BUILDING FOR LAUREL RIDGE COMMUNITY COLLEGE'S MIDDLETOWN CAMPUS. X 10 980462 FAIR MARKET VALUE X OTHER 4 32036 FAIR MARKET VALUE false false false FORM 990 - ORGANIZATION'S MISSION THE MISSION OF LAUREL RIDGE COMMUNITY COLLEGE IS TO PROVIDE A POSITIVE, CARING AND DYNAMIC LEARNING ENVIRONMENT THAT INSPIRES STUDENT SUCCESS, VALUES DIVERSITY AND PROMOTES COMMUNITY VITALITY. IN SUPPORT OF THAT MISSION, THE LAUREL RIDGE COMMUNITY COLLEGE EDUCATIONAL FOUNDATION SEEKS FUNDING TO SUPPORT THE COLLEGE, ITS STUDENTS, AND ITS FACULTY AND STAFF. FORM 990, PAGE 6, PART VI, LINE 11B ALL BOARD MEMBERS ARE GIVEN THE OPPORTUNITY TO REVIEW THE FORM 990 PRIOR TO FILING. THE FINANCE COMMITTEE REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST FORMS ARE REQUIRED FOR ALL BOARD MEMBERS WHEN THEY JOIN. ANNUALLY, THE BOARD MEMBERS ARE ASKED IF ANY CONFLICTS HAVE ARISEN AND ANY NOTED ARE REVIEWED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S PAY AND BENEFITS ARE SET BY THE COMMONWEALTH OF VIRGINIA, WHICH DETERMINES THOSE AMOUNTS UNDER STATE COMPENSATION CRITERIA. THE FOUNDATION HAS NO CONTROL OVER THESE AMOUNTS. ALL PAYMENTS ARE MADE BY THE STATE AND THE FOUNDATION REIMBURSES FOR PAYROLL THROUGH MONTHLY BILLINGS. THESE REIMBURSEMENTS ARE INCLUDED ON LINE 7 OF PART IX. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.