2023-11-15T17:07:30-05:00 2022-12-31 720877929 BRUNO & TERVALON LLP 4298 ELYSIAN FIELDS AVE A NEW ORLEANS LA 701223800 990 2022-01-01 581973743 SOWELA TECH COMMUNITY COLLEGE FOUNDATION SOWE 3374912698 3820 SENATOR J BENNETT JOHNSTON AVE LAKE CHARLES LA 706156829 DANIEL FRICK PRESIDENT 3374216917 2023-11-15 true DANIEL FRICK 999009999 false JONALD J WALKER III CPA P00849099 3374787902 2023-11-15 2022 2023-04-26 12:10:37Z DANIEL FRICK 4841 IHLES ROAD LAKE CHARLES LA 70605 2162646 false X HTTPS://WWW.SOWELA.EDU/ X 1991 LA ENSURING EDUCATIONAL EXCELLENCE AT SOWELA TECHNICAL COMMUNITY COLLEGE BY PROVIDING SCHOLARSHIPS, ACTIVITIES IN RESEARCH, OR OTHER DESIGNATED BENEFITS FOR THE COLLEGE AND ITS FACULTY, STAFF, AND STUDENTS. 14 14 0 17 0 2364943 1959424 0 19944 45059 21100 151871 2405987 2156354 1898541 2350272 0 0 0 262 47284 205149 1945825 2555421 460162 -399067 4974951 4775229 1584753 1954575 3390198 2820654 X ENSURING EDUCATIONAL EXCELLENCE AT SOWELA TECHNICAL COMMUNITY COLLEGE BY PROVIDING SCHOLARSHIPS, ACTIVITIES IN RESEARCH, OR OTHER DESIGNATED BENEFITS FOR THE COLLEGE AND ITS FACULTY, STAFF, AND STUDENTS. false false 2520755 2350272 THE GRANTS PROVIDE RESOURCES TO THE SOWELA TECHNICAL COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, FACULTY AND PROGRAM SUPPORT, AND CAPITAL PROJECTS. THE GRANTS PROVIDE RESOURCES TO THE SOWELA TECHNICAL COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, FACULTY AND PROGRAM SUPPORT, AND CAPITAL PROJECTS. 2520755 true true false false false false false false true true true false false false true false false false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 2 0 0 false false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true false false false X LINDSEY REPPOND 3374216917 3820 SENATOR J BENNETT JOHNSTON AVE LAKE CHARLES LA 70615 X DANIEL FRICK PRESIDENT 1.00 X X 0 0 0 JAMES SUDDUTH III VICE PRESIDE 1.00 X X 0 0 0 TODD CLEMONS TREASURER 1.00 X X 0 0 0 ELIZABETH MCLAUGHLIN SECRETARY 1.00 X X 0 0 0 TAYLOR FINCHUM ALEXANDER BOARD MEMBER 1.00 X 0 0 0 FILMORE BORDELON BOARD MEMBER 1.00 X 0 0 0 MICHELLE GUIDRY BOARD MEMBER 1.00 X 0 0 0 MARTIN GUILLORY BOARD MEMBER 1.00 X 0 0 0 HARDTNER KLUMPP BOARD MEMBER 1.00 X 0 0 0 NORA POPILLION BOARD MEMBER 1.00 X 0 0 0 WILLIAM SEAMAN BOARD MEMBER 1.00 X 0 0 0 REBECCA BONIOL BOARD MEMBER 1.00 X 0 0 0 KEVIN MCCARTHY BOARD MEMBER 1.00 X 0 0 0 DIONE SABELHAUS BOARD MEMBER 1.00 X 0 0 0 false false false 51125 1908299 1959424 45059 45059 11400 51125 6292 5108 DONATED SERVICES 126513 126513 MISCELLANEOUS REVENUE 20250 20250 146763 2156354 191822 2350272 2350272 21400 21400 2082 2082 1494 1494 7753 7753 1675 1675 DONATED SERVICES 126513 126513 GENERAL COLLEGE SUPPORT 44232 43970 262 2555421 2520755 34404 262 2006846 1252197 164451 63557 142178 778925 720 92554 92554 2661476 2679830 4974951 4775229 12468 6584 1381037 1391116 191248 556875 1584753 1954575 X 1221021 285511 2169177 2535143 3390198 2820654 4974951 4775229 -399067 -27221 -143256 X false false X 3604248 1392719 942507 2314991 1959424 10213889 3604248 1392719 942507 2314991 1959424 10213889 1764044 8449845 7242 38830 19944 66016 10279905 434696 0.82200 0.85610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 697389 23000 -15160 -12913 -137042 -2082 553192 462717 203100 41179 -7562 -2045 697389 507969 18578 19470 -4478 -76967 -1855 462717 383203 166492 28519 -68607 1638 507969 386224 164956 2403 -170380 383203 1.00000 false false 92554 92554 AMOUNTS PAYABLE TO SOWELA 556875 556875 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE FOUNDATION HOLDS AND INVESTS ENDOWMENT FUNDS OF ITS AFFILIATED ENTITY, SOWELA TECHNICAL COMMUNITY COLLEGE (LISTED IN SCHEDULE R, PART II, LINE 1). THE COLLEGE PARTICIPATES IN SEVERAL OF THE LOUISIANA BOARD OF REGENTS ENDOWED SCHOLARSHIP AND PROFESSORSHIP PROGRAMS AND THE FOUNDATION HOLDS THESE ENDOWED FUNDS AS PART OF A CUSTODIAL ARRANGEMENT IT HAS WITH THE COLLEGE. AMOUNTS HELD UNDER THIS CUSTODIAL ARRANGEMENT ARE REPORTED ON FORM 990, PART X, LINE 21. SCHEDULE D, PAGE 2, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO BENEFIT THE SOWELA TECHNICAL COMMUNITY COLLEGE FOR VARIOUS DONOR RESTRICTED PURPOSES, PRIMARILY SCHOLARSHIPS. WHAT'S UP, SOWE 62525 51125 11400 6292 62525 51125 11400 6292 6292 5108 false SOWELA TECHNICAL COMMUNITY COLLEGE 3820 SENATOR J BENNETT JOHNSTON AV LAKE CHARLES LA 70615 720817127 115 2350272 COLLEGE SUPPORT SCHEDULE I, PAGE 1, PART I, LINE 2 GENERALLY, THE FOUNDATION REIMBURSES THE COLLEGE AFTER THE DONOR REQUIREMENTS HAVE BEEN MET. WHEN FUNDS ARE TRANSFERRED TO THE COLLEGE IN ADVANCE OF EXPENDITURES, THE COLLEGE PROVIDES THE FOUNDATION WITH DOCUMENTATION TO ENSURE COMPLIANCE WITH DONOR INTENT. FORM 990, PAGE 2, PART III, LINE 4D THE GRANTS PROVIDE RESOURCES TO THE SOWELA TECHNICAL COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, FACULTY AND PROGRAM SUPPORT, AND CAPITAL PROJECTS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD OF THE SOWELA TECHNICAL COMMUNITY COLLEGE FOUNDATION PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C EACH BOARD MEMBER IS REQUIRED TO ANNUALLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST TO THE BOARD. THE BOARD DISCUSSES ANY POTENTIAL CONFLICTS AND RESPONDS AS THEY DEEM APPROPRIATE. FORM 990, PAGE 6, PART VI, LINE 19 THE FORM 990 AND GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION THROUGH THE SOWELA TECHNICAL COMMUNITY COLLEGE BUSINESS OFFICE.