2023-12-08T10:38:07-06:00 2023-06-30 363168081 SIKICH LLP 1415 W DIEHL RD SUITE 400 NAPERVILLE IL 605632349 990 2022-07-01 237433949 KISHWAUKEE COLLEGE FOUNDATION KISH 8158252086 21193 MALTA ROAD MALTA IL 60150 DR KAYTE HAMEL EXECUTIVE DIRECTOR 8158252086 2023-12-06 1 DR KAYTE HAMEL 999009999 0 HEATHER BONIFAS CPA P01711657 6305668400 2023-12-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR KAYTE HAMEL 21193 MALTA ROAD MALTA IL 60150 12895330 0 X WWW.KISH.EDU X 1971 IL TO HELP SHAPE THE FUTURE AND ENHANCE THE CONTINUOUS DEVELOPMENT OF KISHWAUKEE COLLEGE. 16 15 4 50 0 0 695062 754230 0 0 689674 1135503 6876 18569 1391612 1908302 724300 689798 0 0 140059 152450 0 0 35904 225545 278822 1089904 1121070 301708 787232 8365888 8918491 13911 3779 8351977 8914712 TO HELP SHAPE THE FUTURE AND ENHANCE THE CONTINUOUS DEVELOPMENT OF KISHWAUKEE COLLEGE BY PROVIDING STUDENT SCHOLARSHIPS, INSTRUCTIONAL ENHANCEMENTS, AND FACILITY IMPROVEMENTS. 0 0 453670 453670 THE KISHWAUKEE COLLEGE FOUNDATION HELPS MAKE A QUALITY EDUCATION AVAILABLE TO ALL STUDENTS THROUGH THE ANNUAL SCHOLARSHIP PROGRAM. THIS YEAR $453,670 WAS AWARDED THROUGH 82 DIFFERENT SCHOLARSHIPS. THE FOUNDATION AWARDED THESE DOLLARS TO 335 STUDENTS WHO CONTINUE TO EXCEL AND BECOME VITAL PARTNERS WITHIN OUR COMMUNITY. 378157 236128 THE KISHWAUKEE COLLEGE FOUNDATION BOLSTERS A QUALITY EDUCATION BY PROVIDING PROGRAM ENHANCEMENTS TO SEVERAL PROGRAMS EACH YEAR. BY MAKING $195,297 AVAILABLE, THE FOUNDATION WAS ABLE TO HELP PROVIDE EQUIPMENT AND MATERIALS TO PROGRAMS SUCH AS GED, MATH, SCIENCE, LIBRARY OPERATIONS, ATHLETICS AND MANY OTHERS, AS WELL AS CLASSES TO NON-PROFIT ORGANIZATIONS. THE FOUNDATION ALSO USED THESE DOLLARS TO ESTABLISH NEW OPPORTUNITIES FOR SEVERAL COLLEGE PROGRAMS BY AWARDING INNOVATION AWARDS TO MANY DIFFERENT AREAS WITHIN THE COLLEGE. STUDENT SERVICES, INSTRUCTIONAL DESIGN, ART, LEARNING SKILLS, AND INSTRUCTION PROGRAMS WERE ALL ABLE TO ENHANCE THEIR SERVICES. THESE FUNDS HELP OUR STAFF AND OUR FACULTY PROVIDE REAL OPPORTUNITY TO THE STUDENTS WE SERVE. 831827 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1 0 4 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X JILL HANSEN 8158259517 21193 MALTA ROAD MALTA IL 60150 DR LAURIE BOROWICZ DIRECTOR/COLLEGE PRESIDENT 2.00 38.00 X 0 240731 69176 MR TED ROSENOW PRESIDENT 0.25 X X 0 0 0 MS ROSE TREML VICE PRESIDENT 0.25 X X 0 0 0 MR COLE JOHNSON TREASURER 0.25 X X 0 0 0 MS AMY OSTER SECRETARY 0.25 X X 0 0 0 MS NICOLE WILLIAMS DIRECTOR 0.25 X 0 0 0 MS MICHELLE PEASE DIRECTOR 0.25 X 0 0 0 MR MANNY PENA DIRECTOR 0.25 X 0 0 0 MR BRUCE SELDAL DIRECTOR 0.25 X 0 0 0 MS KATE SHAW DICKEY DIRECTOR 0.25 X 0 0 0 MR DAVE VANBUREN DIRECTOR 0.25 X 0 0 0 MS GERI-DEE HAYDEN DIRECTOR 0.25 X 0 0 0 MR BERNIE PUPINO DIRECTOR 0.25 X 0 0 0 MS LAURIE HOECHERL DIRECTOR 0.25 X 0 0 0 MS CORINNE HAVILEY DIRECTOR 0.25 X 0 0 0 MS KATHY SPEARS DIRECTOR 0.25 X 0 0 0 DR KAYTE HAMEL EXECUTIVE DIRECTOR 28.00 12.00 X 0 115440 20896 0 356171 90072 0 0 1 0 0 125545 628685 39023 754230 200371 200371 11905276 10970144 935132 935132 935132 35453 125545 16884 18569 18569 1908302 0 0 1154072 X 236128 236128 453670 453670 152450 76258 47943 28249 192498 192498 2505 1960 545 32 32 2730 2730 RETURN OF DONOR REQUEST 65771 65771 MISCELLANEOUS 9936 8083 1853 SUPPLIES 5225 5225 MEMBERSHIP DUES 125 125 1121070 831827 253339 35904 148149 80381 0 10887 994 1562 8216745 8825661 8365888 8918491 3911 3779 10000 0 13911 3779 X 1159777 1225814 7192200 7688898 8351977 8914712 8365888 8918491 X 787232 -286886 62389 X 0 1 X 1 0 X 368027 680637 561050 559755 754230 2923699 118540 123642 128989 371171 368027 680637 679590 683397 883219 3294870 476974 2817896 527671 537428 126855 152804 200371 1545129 6904 18569 25473 103549 108192 211741 5077213 0.55500 0.47510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMINISTRATIVE FEES - 2018 AMOUNT: $ 103,549. 2019 AMOUNT: $ 108,192. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7238457 453950 677346 634255 7735498 8324848 442772 -871229 657934 7238457 7097751 390261 1631009 794173 8324848 6765077 436461 425595 436500 92882 7097751 6654221 305082 410878 516273 88831 6765077 0.00600 0.45720 0.53680 0 0 0 X 1641230 -286886 2930 16884 -267072 1908302 0 1908302 1269873 131919 16884 148803 1121070 0 1121070 PART V, LINE 4: THE ORGANIZATION'S INTENDED USE OF IT'S ENDOWMENT FUNDS IS TO REMAIN INTO PERPETUITY TO PROVIDE SCHOLARSHIP AND PROGRAM ENHANCEMENTS ON AN ONGOING BASIS. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE FOUNDATION EVALUATES ITS UNCERTAIN TAX POSITIONS ON AN ANNUAL BASIS, AND THERE HAVE BEEN NO RECORDED UNCERTAIN TAX POSITIONS RECORDED IN 2023, 2022 OR 2021. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION FILES VARIOUS FEDERAL OR STATE NON-PROFIT TAX RETURNS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 16,884. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 16,884. DINNER EVENT 160998 125545 35453 16884 160998 125545 35453 16884 16884 18569 1 KISHWAUKEE COLLEGE 21193 MALTA ROAD MALTA IL 60150 362610920 197105 39023 FMV PROGRAM EQUIPMENT PROGRAM ENHANCEMENT 1 SCHOLARSHIPS 335 453670 PART I, LINE 2: THERE IS A COMMITTEE THAT ACCEPTS, REVIEWS, AND AWARDS SCHOLARSHIP APPLICATIONS FOR CONSISTENCY WITH RECIPIENT REQUIREMENTS. FOUNDATION ADMINISTRATION AWARDS PROGRAM ENHANCEMENTS BASED ON REQUIREMENTS IN DONOR FUND AGREEMENTS. 0 0 0 0 0 0 0 0 0 DR LAURIE BOROWICZ DIRECTOR/COLLEGE PRESIDENT 0 240731 0 0 0 0 0 40500 0 28676 0 309907 0 0 X 1 18790 FMV X AUCTION BASKET ITEMS 97 17033 FMV X EVENT SUPPLIES 2 3200 FMV 0 1 0 PART I, COLUMN (B): AMOUNTS REPORTED IN PART I COLUMN (B) ARE THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE KISHWAUKEE COLLEGE FOUNDATION'S 990 IS COMPLETED BY ITS AUDIT FIRM WITH INPUT FROM BUSINESS OFFICE STAFF AND APPROVAL BY THE EXECUTIVE DIRECTOR. IT IS SUBMITTED TO THE FINANCE COMMITTEE FOR APPROVAL, THEN APPROVED BY THE FULL BOARD OF DIRECTORS, AND THEN FILED. FORM 990, PART VI, SECTION B, LINE 12C TO MONITOR FOR COMPLIANCE, ONCE A YEAR EACH MEMBER OF THE KISHWAUKEE COLLEGE FOUNDATION BOARD OF DIRECTORS COMPLETES A CONFLICT OF INTEREST DISCLOSURE. THROUGH DISCUSSION THEY ARE GUIDED ON CONFLICTS OF INTEREST AND COMPLIANCE WITH POLICY IS ENFORCED. FORM 990, PART VI, SECTION C, LINE 19 THE KISHWAUKEE COLLEGE FOUNDATION'S 990, BY-LAWS, POLICY AND PROCEDURE MANUAL, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. HOWEVER, IN AN EFFORT TO SHOW GOOD STEWARDSHIP AND PROVIDE DONORS THE UTMOST RESPECT, RECORDS SUCH AS DONATION INFORMATION AND MINUTES REMAIN CONFIDENTIAL. FORM 990, PART IX, LINE 11G ADMINISTRATIVE FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 126,701. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 126,701. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 65,797. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,797. FORM 990, PART XI, LINE 9: TRANSFER FROM AFFILIATE 62,389. KISHWAUKEE COLLEGE 21193 MALTA RD MALTA IL 60150 362610920 EDUCATION IL 501(C)(1) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0