2024-07-15T09:58:05-05:00 2023-08-31 161131146 BONADIO & CO LLP 6 WEMBLEY COURT ALBANY NY 12205 990 2022-09-01 222484101 DUTCHESS COMMUNITY COLLEGE FOUNDATION INC DUTC 53 PENDELL ROAD POUGHKEEPSIE NY 12601 DIANA POLLARD EXECUTIVE DIRECTOR 8454318400 2024-06-24 1 DIANA POLLARD 999009999 0 JUDITH J SORO P00743262 5184644080 2024-06-24 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DIANA POLLARD 53 PENDELL ROAD POUGHKEEPSIE NY 12601 3721784 0 X WWW.SUNYDUTCHESS.EDU/ALUMNI/FOUNDATION/ X 1975 NY TO SUPPORT OPERATIONS OF DUTCHESS COMMUNITY COLLEGE IN POUGHKEEPSIE, NEW YORK. 25 24 0 58 0 0 977611 1254552 0 0 784896 397429 75719 217440 1838226 1869421 574111 485058 0 0 0 0 0 0 283293 535417 852023 1109528 1337081 728698 532340 14696708 16056879 68361 165009 14628347 15891870 X THE MISSION OF DUTCHESS COMMUNITY COLLEGE FOUNDATION IS TO RAISE FUNDS TO PROVIDE SCHOLARSHIPS AND SUPPORT THE DUTCHESS COMMUNITY COLLEGE'S ("DCC") INITIATIVES THAT WILL HAVE A SIGNIFICANT AND DIRECT IMPACT ON THE STUDENTS, FACULTY, AND STAFF OF DCC. 0 0 696443 485058 THE PROVISION OF EDUCATIONAL GRANTS TO AID AND ADVANCE THE WELFARE, DEVELOPMENT, PURPOSE AND PROGRAMS OF DUTCHESS COMMUNITY COLLEGE AND ITS STUDENTS. DURING THE FISCAL YEAR, THE FOUNDATION AWARDED GRANTS THAT SUPPORT DUTCHESS COMMUNITY COLLEGE STUDENTS. IN ADDITION TO THE STUDENT SCHOLARSHIPS AND EMERGENCY NEEDS GRANTS, THE FOUNDATION AWARDS SMALL GRANTS TO FACULTY IN SUPPORT OF PROJECTS RELATED TO ACADEMIC PROGRAMS. EACH YEAR FACULTY MEMBERS ARE CHOSEN FOR THE CHAIRS, AN HONOR FOR TEACHING EXCELLENCE. THE FACULTY MEMBERS RECEIVE A STIPEND AND ARE ALSO GIVEN A SMALL AMOUNT THAT THEY CAN USE TO BRING IN A SPEAKER TO CAMPUS, ATTEND AN EDUCATIONAL CONFERENCE OR DO A PROJECT. LECTURES ARE OPEN TO THE GENERAL PUBLIC WHILE PROVIDING AN EDUCATIONAL ENHANCEMENT TO THE STUDENTS, FACULTY AND STAFF OF DUTCHESS COMMUNITY COLLEGE. SOME OF OUR SPEAKERS HAVE BEEN PULITZER PRIZE AND NOBEL PRIZE WINNERS. ADDITIONALLY, THE FOUNDATION PROVIDES THE COLLEGE WITH FUNDING TO SUPPORT STUDENT TECHNOLOGY NEEDS AND IMPROVEMENTS TO CAMPUS FACILITIES. DCC CARES/THE PANTRY: BOTH OF THESE PROGRAMS ARE SUPPORTED BY THE FOUNDATION TO OFFER WRAP-AROUND SUPPORT TO SOME OF DCC'S STUDENTS THAT HAVE ADDITIONAL SUPPORT NEEDS. DCC CARES OFFERS STUDENTS GRANT FOR BOTH PERSONAL EMERGENCY NEEDS AND ACADEMIC. THE PANTRY IS A FOOD PANTRY ON CAMPUS WHICH SUPPORTS FOOD INSECURE STUDENTS, FACULTY AND STAFF OF DCC. BY PROVIDING THESE PROGRAMS WE ARE ABLE TO HELP RETAIN STUDENTS AND PROVIDE THEM WITH THE SECURITY THEY NEED TO BE SUCCESSFUL IN COLLEGE. CRAFT FAIR: DUTCHESS COMMUNITY COLLEGE HOSTS THE ANNUAL DCC FOUNDATION HOLIDAY CRAFT FAIR WITH MORE THAN 80 ARTISTS ON THE WEEKEND FOLLOWING THANKSGIVING. THE FAIR HAS BECOME A MUCH-ANTICIPATED EVENT AS IT ALLOWS PEOPLE TO GET A HEAD START ON THEIR HOLIDAY SHOPPING BY PURCHASING ONE-OF-A-KIND GIFTS FOR FRIENDS AND FAMILY. THE EVENT TOOK PLACE ON NOVEMBER 26-27, 2022 ON THE DCC CAMPUS IN FALCON AND DRUMLIN HALLS. THE JURIED FAIR FEATURES WORK FROM ARTISTS WHO HAND-CRAFT THEIR OWN ITEMS. SOME OF THE PIECES ARE CONSIDERED FINE ART. ADDITIONALLY, THERE ARE MANY SPECIALTY FOOD VENDORS. THE DCC FOUNDATION ANNUAL CRAFT FAIR BRINGS ALMOST 2,000 ATTENDEES TO CAMPUS FOR THE OPPORTUNITY TO FIND ITEMS THAT YOU CAN'T FIND ANYWHERE ELSE. GALA: THE DUTCHESS COMMUNITY COLLEGE FOUNDATION COMMUNITY'S BRIDGE TO THE FUTURE GALA WAS HELD AT THE GRANDVIEW IN POUGHKEEPSIE, NY ON MARCH 25, 2023. THE COLLEGE TRULY IS THE BRIDGE THAT MANY IN OUR COMMUNITY NEED TO REACH THEIR GOALS. THERE WERE 379 PEOPLE AT THE EVENT THAT HONORED INDIVIDUALS: KEITH DALY '72, RITA MCPECK '88, MICHAEL DUPREE AND MICHAEL FLEISCHER AND RON LANE '75. KEITH AND RITA WERE INDUCTED INTO THE ALUMNI HALL OF FAME FOR THEIR OUTSTANDING PROFESSIONAL CONTRIBUTIONS AND THEIR COMMITMENT TO OUR COMMUNITY. WE HONORED MICHAEL DUPREE AND MICHAEL FLEISCHER WITH THE BRIDGE TO THE FUTURE AWARD, WHICH WAS ESTABLISHED TO RECOGNIZE INDIVIDUALS AND ORGANIZATIONS WHO HAVE HAD, AND WILL HAVE, A MEASURABLE IMPACT ON OUR COMMUNITY AND WHO HAVE AND WILL ENHANCE THE QUALITY OF LIFE FOR THOSE WHO LIVE AND WORK IN THE MID-HUDSON VALLEY. WE HONORED RON WITH THE BERNARD HANDEL COMMUNITY LEADERSHIP AWARD, WHICH IS PRESENTED TO MEMBERS OF OUR COMMUNITY WHO IMPROVE LIVES IN DUTCHESS COUNTY THROUGH THEIR LEADERSHIP AND VOLUNTEER WORK WITH LOCAL NOT-FOR-PROFIT ORGANIZATIONS. OUR COMMUNITY'S BRIDGE TO THE FUTURE GALA RAISES MONEY TO SUPPORT THE MISSION OF THE DUTCHESS COMMUNITY COLLEGE FOUNDATION. GOLF TOURNAMENT: 33RD ANNUAL DUTCHESS COMMUNITY COLLEGE FOUNDATION GOLF TOURNAMENT AND DINNER IN MEMORY OF JACK ORCUTT WAS HELD ON MAY 22, 2023 AT THE LINKS AT UNION VALE. THERE WERE 23 FOURSOMES AT THE GOLF TOURNAMENT. THIS EVENT HELPS TO SUPPORT THE MISSION OF THE FOUNDATION AS WELL BY PROVIDING THE NECESSARY FUNDING TO SUPPORT IMPORTANT EDUCATION INITIATIVES. 696443 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 13 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL CA CO KY ME MD MA MI MN NV NH NJ NY ND OH OK OR SC UT WA WV WI DC X X DONNA ROCAP ASSOCIATE VICE PRESIDENT 8454318400 53 PENDELL ROAD POUGHKEEPSIE NY 12601 ADAM PODPORA DIRECTOR 2.00 X 0 0 0 BETSY BROWN DIRECTOR / BOT LIASON 2.00 X 0 0 0 BOB DIETZ DIRECTOR 2.00 X 0 0 0 CAROL GORDON DIRECTOR 2.00 X 0 0 0 DAVID P KELLY DIRECTOR 2.00 X 0 0 0 DAVID WISE DIRECTOR 2.00 X 0 0 0 DICK REITANO DIRECTOR 2.00 X 0 0 0 FRANK CASTELLA DIRECTOR/TRUSTEE LIASION 2.00 X 0 0 0 JACQUELINE GOFFE-MCNISH DIRECTOR 2.00 X 0 0 0 KIP BLEAKLEY O'NEILL DIRECTOR 2.00 X 0 0 0 LINDA MELTON MANN DIRECTOR 2.00 X 0 0 0 LISA MORRIS DIRECTOR/VICE-CHAIR 2.00 X X 0 0 0 MICHAEL CAMPAGNA DIRECTOR 2.00 X 0 0 0 MICHAEL GRAHAM TREASURER 2.00 X X 0 0 0 PAUL CONRAD DIRECTOR 2.00 X 0 0 0 PETER JORDAN DCC PRESIDENT 2.00 X 0 204677 32144 RAYMOND FREDA DIRECTOR/CHAIR 2.00 X X 0 0 0 RICHARD KLEBAN DIRECTOR 2.00 X 0 0 0 RITA MCPECK DIRECTOR 2.00 X 0 0 0 RYAN FOHL DIRECTOR 2.00 X 0 0 0 SHERRE WESLEY DIRECTOR 2.00 X 0 0 0 SHIRLEY BRERETON DIRECTOR 2.00 X 0 0 0 SUSAN MOORE SECRETARY 2.00 X X 0 0 0 TAMIA COX DIRECTOR 2.00 X 0 0 0 VINCENT NUNZIATO DIRECTOR 2.00 X 0 0 0 DIANA POLLARD EXECUTIVE DIRECTOR 35.00 X 113516 0 43741 113516 204677 75885 1 0 1 0 0 86126 1168426 168355 1254552 575908 575908 1426653 1605132 -178479 -178479 -178479 217440 86126 247231 -29791 -29791 FUNDRAISING REVENUE 247231 247231 247231 1869421 68752 0 546117 X 485058 485058 15520 15520 64224 64224 239273 33506 187386 18381 4201 500 3701 123728 25310 27844 70574 13187 2322 10865 5695 750 4945 3509 536 2973 FOOD 123104 33965 8737 80402 PRIZES 99603 6820 92783 SUPPLIES 82229 82229 MISCELLANEOUS 63398 26460 27531 9407 14352 6307 8045 1337081 696443 357345 283293 300 300 1387147 836201 31381 378953 500 1260 41246 74330 43382 43382 0 0 13236134 14765835 14696708 16056879 62801 165009 5560 0 68361 165009 X 1169810 1144953 13458537 14746917 14628347 15891870 14696708 16056879 532340 731183 0 X 0 1 X 1 0 X 863462 878844 1177962 977610 1254522 5152400 863462 878844 1177962 977610 1254522 5152400 5152400 273573 257418 229712 290888 575122 1626713 -4 -4 6779109 0.76000 0.71960 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ -4. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 12565178 549620 892065 245525 13761338 14307209 542060 -2011441 273250 12565176 11842694 312647 2413936 262068 14307209 10987134 117901 1089357 351698 11842694 10926630 67655 189015 259520 10987134 0 0 5700 5700 0 37682 37682 0 0 X 3282093 731183 653541 92172 1476896 1805197 64224 64224 1869421 2265801 653541 339403 992944 1272857 64224 64224 1337081 PART III, LINE 1A: THE FOUNDATION HAS A COLLECTION OF ARTWORK THAT IS ON PUBLIC DISPLAY AT DUTCHESS COMMUNITY COLLEGE. THE FOUNDATION HAS ADOPTED A POLICY IN WHICH THE COLLECTION OF ARTWORK IS NOT CAPITALIZED AND RECOGNIZED AS AN ASSET. ACCORDINGLY, PURCHASES OF ARTWORK ARE A REDUCTION OF NET ASSETS IN THE PERIOD WHEN PURCHASED. PROCEEDS FROM SALES OR INSURANCE RECOVERIES ARE RECORDED AS INCREASES IN NET ASSETS WHEN RECEIVED. PART III, LINE 4: THE FOUNDATION HAS A COLLECTION OF ARTWORK THAT IS ON PUBLIC DISPLAY AT DUTCHESS COMMUNITY COLLEGE TO ENHANCE THE LEARNING ENVIRONMENT THROUGHOUT THE CAMPUS. ALL ITEMS WITHIN THE COLLECTION WERE DONATED TO THE FOUNDATION FOR USE AS DISPLAYED ARTWORK. THE FOUNDATION DOES NOT INTEND TO SELL THE ARTWORK, BUT PLANS TO MAINTAIN THE COLLECTION FOR FUTURE GENERATIONS. PART V, LINE 4: THE FOUNDATION'S INTENDED USE OF ENDOWMENT FUNDS IS TO PROVIDE LONG-TERM SUPPORT FOR ITS CHARITABLE PROGRAMS AND TO PRESERVE THE PURCHASING POWER OF THE CORPUS AND INSULATE PROGRAM SPENDING FROM FLUCTUATIONS IN CAPITAL MARKETS. SPECIFICALLY, THE FOUNDATION'S INTENDED USE OF THE ENDOWMENT FUNDS IS FOR THE PROVISION OF GENERAL SCHOLARSHIPS AND GRANTS TO STUDENTS ATTENDING DUTCHESS COMMUNITY COLLEGE AS WELL AS 25 GRADUATE SCHOLARSHIPS TO STUDENTS FURTHERING THEIR STUDIES. PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO AUGUST 31, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: MANAGEMENT FEE REVENUE 92,172. PART XII, LINE 2D - OTHER ADJUSTMENTS: MANAGEMENT FEES 92,172. FUNDRAISING EXPENSED NETTED WITH REVENUE 247,231. GOLF TOURNAMENT 67133 16008 51125 51164 GALA 210897 66277 144620 146117 1 25536 3841 21695 49950 303566 86126 217440 247231 247231 -29791 1 DUTCHESS COMMUNITY COLLEGE 53 PENDELL ROAD POUGHKEEPSIE NY 12601 146012314 501(C)(3) 50602 389859 EDUCATIONAL SUPPORT OF STUDENTS PART I, LINE 2: THE FOUNDATION PROCESSES AND APPROVES ALL REIMBURSEMENTS OF GRANT FUNDS TO DUTCHESS COMMUNITY COLLEGE. THE COLLEGE DOES NOT RECEIVE THE FUNDS DIRECTLY. THE FUNDS MUST GO THROUGH THE FOUNDATION. GRANT FUNDS ARE MONITORED BY THE COLLEGE ADMINISTRATION FOR COMPLIANCE WITH GRANT AGREEMENTS AND APPLICABLE GOVERNMENT REGULATIONS. 0 0 0 0 0 0 0 0 0 PETER JORDAN DCC PRESIDENT 0 204677 0 0 0 0 0 17408 0 14736 0 236821 0 0 DIANA POLLARD EXECUTIVE DIRECTOR 113516 0 0 0 0 0 16701 0 27040 0 157257 0 0 0 X 13003 COST X 3 70764 FAIR MARKET VALUE X 18 27810 COST X GIFT CARDS AND CERTIFICATES 100 56777 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A PAPER COPY OF THE DRAFT OF THE FORM 990 IS REVIEWED BY THE FOUNDATION'S FINANCE COMMITTEE AND BOARD OF DIRECTORS, AND THE ADMINISTRATION PERSONNEL AND EXECUTIVES OF THE FOUNDATION PRIOR TO FILING. IF THERE ARE ANY ISSUES OR QUESTIONS, THESE ITEMS WILL BE DISCUSSED WITH THE ACCOUNTANTS PREPARING THE RETURN. ONCE THESE ISSUES AND QUESTIONS ARE RESOLVED, THE BOARD WILL APPROVE THE RETURN AND WILL NOTIFY THE ACCOUNTANTS THAT IT MAY BE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY AFFIRM COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. NEW APPOINTEES ARE REQUIRED TO ACKNOWLEDGE ACCEPTANCE OF THE POLICY UPON APPOINTMENT. INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY CONFLICTS THAT MAY EXIST WHEN MATTERS COME UP FOR DELIBERATION OR DECISION, AND TO RECUSE THEMSELVES FROM THE PROCESS WHEREVER A CONFLICT MAY EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR, OFFICERS, AND KEY EMPLOYEES ARE NOT COMPENSATED BY THE FOUNDATION, BUT THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES ARE COMPENSATED BY AN RELATED ORGANIZATION, DUTCHESS COMMUNITY COLLEGE ("DCC"). KEY EMPLOYEES, WHOSE TIME IS STRICTLY DEVOTED TO THE FOUNDATION, ARE COVERED UNDER A UNION CONTRACT. THE EXECUTIVE DIRECTOR IS A MANAGEMENT CONFIDENTIAL EMPLOYEE OF DCC. MANAGEMENT CONFIDENTIAL SALARIES ARE DETERMINED BY THE PRESIDENT AND DCC'S BOARD OF TRUSTEES AND APPROVED WITH A BOARD RESOLUTION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE AS IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, FORM 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 53, PENDELL ROAD, POUGHKEEPSIE, NY 12601, OR BY CALLING THE FOUNDATION DIRECTLY AT 845-431-8400. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICE FEES: PROGRAM SERVICE EXPENSES 33,506. MANAGEMENT AND GENERAL EXPENSES 187,386. FUNDRAISING EXPENSES 18,381. TOTAL EXPENSES 239,273. DUTCHESS COMMUNITY COLLEGE 53 PENDELL ROAD POUGHKEEPSIE NY 12601 146012314 COMMUNITY COLLEGE EDUCATION NY 0 DUTCHESS COMMUNITY COLLEGE ASSOCIATION 53 PENDELL ROAD POUGHKEEPSIE NY 12601 141438943 TO SUPPORT FACULTY AND STUDENTS OF COLLEGE NY 501(C)(3) LINE 12A, I DUTCHESS COMMUNITY COLLEGE 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 DUTCHESS COMMUNITY COLLEGE ASSOCIATION C 30000 DUTCHESS COMMUNITY COLLEGE B 434000 DUTCHESS COMMUNITY COLLEGE ASSOCIATION P 84000