2024-07-15T13:58:16-05:00 2023-08-31 721396621 CARR RIGGS & INGRAM LLC TWO RIVERWAY 15TH FLOOR HOUSTON TX 77056 990 2022-09-01 741885205 HOUSTON COMMUNITY COLLEGE FOUNDATION HOUS 7137188596 3100 MAIN STREET HOUSTON TX 77002 KAREN L SCHMIDT PRESIDENT 7134836518 2024-07-15 1 KAREN SCHMIDT 999009999 1 KRISTEN SIMPSON P01268482 7136218090 2024-07-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAREN L SCHMIDT 3100 MAIN STREET HOUSTON TX 77002 38123260 0 X WWW.HCCSFOUNDATION.ORG X 1976 TX EMPOWERS HCC STUDENT SUCCESS THROUGH PHILANTHROPIC SUPPORT, ALIGNED WITH HCC INITIATIVES. 25 25 0 0 0 0 6392747 7181356 0 0 442256 470247 73548 120618 6908551 7772221 4118069 4451404 0 0 0 0 0 0 367964 1663018 2163945 5781087 6615349 1127464 1156872 18955466 20394884 1156671 711494 17798795 19683390 HCC FOUNDATION EMPOWERS HCC STUDENT SUCCESS THROUGH PHILANTHROPIC SUPPORT, ALIGNED WITH KEY HCC INSTITUTIONAL INITIATIVES. 0 0 2283205 2283205 STUDENT SCHOLARSHIPS AND ENDOWMENTS: THE HCC FOUNDATION HAS AWARDED THOUSANDS OF SCHOLARSHIPS TO DESERVING HCC STUDENTS. OUR FUNDRAISING EFFORTS ARE RAPIDLY EXPANDING, AND WE EXPECT TO AWARD MANY MORE SCHOLARSHIPS TO HOUSTON-AREA STUDENTS IN THE COMING YEARS. THE FOUNDATION'S LONG-TERM GOAL IS TO BUILD A SCHOLARSHIP ENDOWMENT SUFFICIENT TO AWARD A SCHOLARSHIP TO ALL HCC CREDIT-HOUR STUDENTS WHO QUALIFY FOR ASSISTANCE AS THEY BEGIN THEIR COLLEGE CAREER. 3806351 2168199 CAPITAL PROJECTS AND PROGRAM SUPPORT:THE HCC FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO SELECTED HCC PROGRAMS AND CAPITAL PROJECTS.FACULTY GRANTS AND AWARDS:THE HCC FOUNDATION RECOGNIZES OUR FACULTY MEMBERS' KEY ROLE IN ACHIEVING HCC'S MISSION. WE SUPPORT THEIR EFFORTS BY PROVIDING GRANTS FOR PROJECTS THAT HAVE THE POTENTIAL TO ADVANCE STUDENT LEARNING AT HCC. MANY FACULTY PROPOSALS REQUEST THE FOUNDATION'S FINANCIAL SUPPORT FOR PROFESSIONAL ENRICHMENT OPPORTUNITIES AND PROJECTS TO ENHANCE HCC LEARNING ENVIRONMENTS. 6089556 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X X KAREN L SCHMIDT 7137188596 3100 MAIN STREET 12TH FLOOR HOUSTON TX 77002 X CECELIA ALLEN TREASURER 0.50 X X 0 0 0 DR ANTRECE L BAGGETT VICE CHAIR OF FUNDRAISING 0.50 X X 0 0 0 EDWARD FIERRO VICE CHAIR OF GOVERNANCE 0.50 X X 0 0 0 JEANNE PERDUE SECRETARY 0.50 X X 0 0 0 RYAN MCCAULEY BOARD CHAIR 0.50 X X 0 0 0 TRACY JANDA VICE CHAIR OF BOARD RELATI 0.50 X X 0 0 0 AL M PAYTON DIRECTOR 0.50 X 0 0 0 ARTURO G MICHEL DIRECTOR 0.50 X 0 0 0 CARLOS CRUZ DIRECTOR 0.50 X 0 0 0 CHARLENE WHITE DIRECTOR 0.50 X 0 0 0 COURTNEY TAYLOR DIRECTOR 0.50 X 0 0 0 DAVID REGENBAUM IMMEDIATE PAST CHAIR 0.50 X 0 0 0 DOUG HOHERTZ DIRECTOR 0.50 X 0 0 0 DR EDDIE L PATTON JR DIRECTOR 0.50 X 0 0 0 DR MARY LAWSON DIRECTOR 0.50 X 0 0 0 FESTUS ADELEKE AMOYE DIRECTOR 0.50 X 0 0 0 JAVEED GIRE DIRECTOR 0.50 X 0 0 0 JENNIFER WALDNER GRANT DIRECTOR 0.50 X 0 0 0 JOSEPH AVILA DIRECTOR 0.50 X 0 0 0 KENNETH R BURTON JR DIRECTOR 0.50 X 0 0 0 KIM SHELTON-BROWN DIRECTOR 0.50 X 0 0 0 LINA SABOUNI DIRECTOR 0.50 X 0 0 0 NICOLE RILEY DIRECTOR 0.50 X 0 0 0 ROY MONTALBANO DIRECTOR 0.50 X 0 0 0 VANESSA CARTER DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 7181356 1653014 7181356 537096 537096 30284190 30351039 -66849 -66849 -66849 VENDING INCOME 611600 120618 120618 120618 7772221 120618 0 470247 4451404 4451404 8998 8998 80537 80537 131729 43335 88394 12120 4079 4080 3961 55247 55247 14400 4847 4847 4706 49975 49975 IN-KIND CONTRIBUTION EX 1653014 1627148 25866 FUNDRAISING EXPENSES 137797 137797 BANK & CREDIT CARD FEES 20128 2078 16032 2018 6615349 6089556 157829 367964 702159 272158 1037688 1603556 553814 1003226 79976 126546 16581829 17389398 18955466 20394884 1156671 711494 1156671 711494 X 326663 281516 17472132 19401874 17798795 19683390 18955466 20394884 1156872 727723 0 X 0 1 X 1 0 X 2755997 4124255 6049379 6468161 7181356 26579148 2755997 4124255 6049379 6468161 7181356 26579148 5894202 20684946 369844 459116 1226589 442256 537096 3034901 210000 122500 9505 66993 120618 529616 30143665 0.68620 0.64050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13655739 258441 1120204 283557 14750827 15270382 259779 -1809516 64906 13655739 12486608 124477 2718682 59385 15270382 11376908 210786 955922 57008 12486608 11742427 53270 257111 408697 267203 11376908 0.75000 0.25000 0 0 0 X 9865655 727723 1446248 2173971 7691684 80537 80537 7772221 7981060 1446248 1446248 6534812 80537 80537 6615349 PART V, LINE 4: THE FOUNDATION HAS A DONOR-RESTRICTED ENDOWMENT FUND WHICH IS MAINTAINED IN ACCORDANCE WITH EXPLICIT DONOR STIPULATIONS. THE FOUNDATION IS SUBJECT TO THE TEXAS UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (THE ACT) WHICH HAS BEEN ENACTED BY THE STATE OF TEXAS. THE BOARD OF DIRECTORS OF THE FOUNDATION HAS INTERPRETED THE ACT AS REQUIRING A FOCUS ON THE ENTIRETY OF A DONOR RESTRICTED ENDOWMENT FUND, INCLUDING THE ORIGINAL GIFT AMOUNT AND NET APPRECIATION. THE ACT PROVIDES GUIDELINES ABOUT WHAT CONSTITUTES PRUDENT SPENDING AND EXPLICITLY REQUIRES CONSIDERATION OF PRESERVATION OF THE FUND. AS A RESULT OF THIS INTERPRETATION, THE FOUNDATION CLASSIFIES THE AMOUNT SPECIFIED BY EXPLICIT DONOR STIPULATION AS AN ENDOWMENT AS PERMANENTLY RESTRICTED NET ASSETS. THIS AMOUNT IS NOT REDUCED BY LOSSES ON INVESTMENTS IN THE ENDOWMENT FUND OR BY APPROVED APPROPRIATIONS FOR EXPENDITURE FROM THE FUND. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS A PUBLICLY SUPPORTED ORGANIZATION AS DEFINED IN THE INTERNAL REVENUE CODE, SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI). ACCORDINGLY, THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS, WHEN IT IS MORE LIKELY THAN NOT, THAT SUCH AN ASSET OR A LIABILITY WILL BE REALIZED. AS OF AUGUST 31, 2023 AND 2022, MANAGEMENT BELIEVES THERE WERE NO UNCERTAIN TAX POSITIONS. 1 SCHOLARSHIPS GIVEN TO STUDENTS WITH FINANCIAL NEED 790 4451404 SCHEDULE I, PART I, LINE 2: THE FOUNDATION USES CRITERIA THAT ARE SET BY SPECIFIC DONORS WHEN SELECTING THE RECIPIENTS OF SCHOLARSHIPS. SOME OF THE COMMON CRITERIA ARE MAJOR CONCENTRATION, HOURS ENROLLED AND/OR COMPLETED, GPA AND MAY BE SUBJECT TO REVIEW BY A SCHOLARSHIP COMMITTEE. X IN KIND CONTRIBUTION 145 1653014 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 HCCF IS ORGANIZED AS A NON PROFIT CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PROVIDED TO THE PRESIDENT FOR REVIEW. ONCE THE REVIEW IS COMPLETED THE PRESIDENT WILL SUPPLY THE 990 TO THE FULL BOARD OF DIRECTORS DURING THE NORMAL COURSE OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL DISCLOSURE FORM THAT IS REQUIRED TO BE COMPLETED BY ALL WHO ARE AFFECTED. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION DETERMINES COMPENSATION BY USING COMPARISONS OF SIMILARLY SIZED ORGANIZATIONS TO DETERMINE A GOING MARKET RATE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS ORGANIZING DOCUMENTS AND 990S AVAILABLE THROUGH WRITTEN REQUESTS TO THE ORGANIZATION. THE 990S ARE ALSO AVAILABLE VIA THE ORGANIZATIONS WEBSITE AS WELL AS THROUGH THIRD PARTY WEBSITES SUCH AS, GUIDESTAR. HOUSTON COMMUNITY COLLEGE SYSTEM 3100 MAIN ST HOUSTON TX 77002 EDUCATION TX 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 HOUSTON COMMUNITY COLLEGE K 14400 FMV HOUSTON COMMUNITY COLLEGE P 1446248 FMV