2024-09-18T12:29:01-05:00 2023-12-31 810497523 JORDAHL & SLITER PLLC PO BOX 8600 KALISPELL MT 599041600 990 2023-01-01 810365752 FLATHEAD VALLEY COMMUNITY COLLEGE FOUNDATION INC FLAT 4067563963 777 GRANDVIEW DRIVE KALISPELL MT 599012622 JOE KOLA TREASURER 4067563963 2024-09-04 1 1 JUSTIN P SLITER P00188996 4067521040 2024-09-04 2023 2024-08-08 14:25:15Z JESSICA HANSON 777 GRANDVIEW DRIVE KALISPELL MT 599012622 13617081 0 X WWW.FVCC.EDU/FOUNDATION X 1976 MT ASSIST THE FLATHEAD VALLEY COMMUNITY COLLEGE WITH FUNDRAISING AND SCHOLARSHIPS 25 25 0 135 0 0 5242529 5934950 0 0 1069704 986288 -2135 -30940 6310098 6890298 4152345 1770575 0 0 0 87521 0 0 36758 240763 288917 4393108 2147013 1916990 4743285 25798429 29118251 4169075 1664801 21629354 27453450 X ASSIST THE FLATHEAD VALLEY COMMUNITY COLLEGE WITH FUNDRAISING AND SCHOLARSHIPS. 0 0 757201 757201 PROVIDE SCHOLARSHIP FUNDING TO STUDENTS AT FLATHEAD VALLEY COMMUNITY COLLEGE. IN ADDITION, PROVIDING EMERGENCY ASSISTANCE GRANTS OF UP TO $300 TO STUDENTS WITH AN EMERGENCY SITUATION THAT MAY PREVENT THEM FROM GETTING TO CLASS. 557792 557792 PROVIDE FUNDING FOR CONSTRUCTING AND EQUIPPING THE PAUL D WACHHOLZ COLLEGE CENTER AND THE BROUSSARD FAMILY LIBRARY AND LEARNING COMMONS ON FVCC'S KALISPELL CAMPUS. 185000 185000 PROVIDE FUNDING WITH PROGRAMMING AT THE WACHHOLZ COLLEGE CENTER. 471472 270582 SUPPORT FLATHEAD VALLEY COMMUNITY COLLEGE'S CULINARY ARTS ASSOCIATE OF APPLIED SCIENCE DEGREE PROGRAM AND CHEF'S TABLE INTERNSHIP PROGRAM. ALSO PROVIDE FUNDING TO FACULTY AND STAFF AT FLATHEAD VALLEY COMMUNITY COLLEGE FOR INNOVATIVE PROJECTS THAT FOCUS ON STUDENT RETENTION AND TO ASSIST WITH STUDENT TRAVEL TO PRESENT RESEARCH CONFERENCES. TO ASSIST WITH EXPENSES ASSOCIATED WITH THE STUDENT HEALTH CLINIC HOUSED IN THE REBECCA CHANEY BROUSSARD NURSING AND HEALTH SCIENCE BUILDING. TO ASSIST WITH EXPENSES ASSOCIATED WITH THE NURSING PROGRAM AT FVCC. 471472 270582 1971465 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 0 0 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X SUSAN EVANS 4067563963 777 GRANDVIEW DRIVE KALISPELL MT 59901 JESSICA HANSON CHAIR 1.00 X X 0 0 0 DAVID FETVEIT VICE CHAIR 1.00 X X 0 0 0 WALTER KUHN PAST CHAIR 1.00 X X 0 0 0 JOE KOLA TREASURER 1.00 X X 0 0 0 RUSSELL BARNES DIRECTOR 0.50 X 0 0 0 TRACY FREEMAN DIRECTOR 0.50 X 0 0 0 KIRK GENTRY DIRECTOR 0.50 X 0 0 0 NANCY GORDLEY DIRECTOR 0.50 X 0 0 0 MARK JOHNSON DIRECTOR 0.50 X 0 0 0 MELISSA KAPTANIAN DIRECTOR 0.50 X 0 0 0 NATALIE KELLER DIRECTOR 0.50 X 0 0 0 DENISE LANG DIRECTOR 0.50 X 0 0 0 PATRICE LATOURELLE DIRECTOR 0.50 X 0 0 0 DONNA LAWSON-MARSHALL DIRECTOR 0.50 X 0 0 0 CINDY LEWIS DIRECTOR 0.50 X 0 0 0 KIM NYSTUEN DIRECTOR 0.50 X 0 0 0 NANCY O'KELLY DIRECTOR 0.50 X 0 0 0 MARYLOU PATTERSON DIRECTOR 0.50 X 0 0 0 CHRIS RIDDER DIRECTOR 0.50 X 0 0 0 JUSTIN SLITER DIRECTOR 0.50 X 0 0 0 ALAN STINSON DIRECTOR 0.50 X 0 0 0 DIANE MORTON STOUT DIRECTOR 0.50 X 0 0 0 MUFFIE THOMSON DIRECTOR 0.50 X 0 0 0 DEBBI WALDENBERG DIRECTOR 0.50 X 0 0 0 SUZY WILLIAMS DIRECTOR 0.50 X 0 0 0 TAGEN VINE EXECUTIVE DIRECTOR 50.00 X 70046 0 15920 70046 0 15920 0 0 0 0 0 364543 5570407 190017 5934950 608766 608766 6946854 6569332 377522 377522 377522 126511 364543 157451 -30940 -30940 6890298 0 0 955348 1013374 1013374 757201 757201 70047 16111 24516 29420 11222 2581 3928 4713 4698 1081 1644 1973 1554 358 544 652 12900 12900 90626 90626 4061 4061 135 135 2965 2965 SUPPLIES & DONOR APPREC 176563 176563 BANK AND CREDIT CARD FE 1667 1667 2147013 1971465 138790 36758 167511 226297 4313139 3649204 21088261 25012544 229518 230206 25798429 29118251 3181141 894095 20000 20000 967934 750706 4169075 1664801 X 1494088 1825641 20135266 25627809 21629354 27453450 25798429 29118251 4743285 1080811 0 X 0 1 X 1 0 X 2561345 1247814 1142734 1082476 1390032 7424401 2561345 1247814 1142734 1082476 1390032 7424401 7424401 389583 325688 392742 429831 608766 2146610 9571011 0.77570 0.81510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20135266 5497428 1566397 1571282 25627809 20558236 4941797 -1593050 3771717 20135266 18191235 4291273 1852827 3777099 20558236 25483964 1419071 1831166 10542966 18191235 21936100 3046359 2053426 1551921 25483964 0.45800 0.54200 0 0 0 FOUNDATION SCHOLARSHIPS PAYABLE 722681 OTHER SCHOLARSHIPS PAYABLE 250 DEFERRED GIFTS LIABILITY 27775 750706 X 8243971 1080811 206037 157451 1444299 6799672 90626 90626 6890298 2419875 206037 157451 363488 2056387 90626 90626 2147013 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE INCOME TAX YEARS OF 2017 TO 2019 REMAIN OPEN TO EXAMINATION BY THE FEDERAL TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 157,451. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES NETTED AGAINST INVESTMENT INCOME 90,626. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 157,451. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES NETTED AGAINST INVESTMENT INCOME 90,626. FESTIVAL OF FLAVORS 361642 258217 103425 40034 8312 71737 SAVORY SUMMERFEST 60817 45671 15146 500 7935 12078 938 2 68595 60655 7940 136 12921 360 2500 491054 364543 126511 636 60890 20750 75175 157451 -30940 1 FLATHEAD VALLEY COMMUNITY COLLEGE 777 GRANDVIEW DRIVE KALISPELL MT 59901 810299199 FLATHEAD COUNTY 1013374 0 SUPPORT THE EDUCATIONAL OPPORTUNITIES AND COMMUNITY DEVELOPMENT AT THE FLATHEAD VALLEY COMMUNITY COLLEGE. SCHOLARSHIPS AND ASSISTANCE FOR STUDENTS ATTENDING FLATHEAD VALLEY COMMUNITY COLLEGE. 487 754001 EMERGENCY GIVING GRANTS FOR STUDENTS ATTENDING FLATHEAD VALLEY COMMUNITY COLLEGE 12 3200 PART I, LINE 2: ENHANCEMENT GRANTS - A DETAILED BUDGET IS SUBMITTED BY EACH APPLICANT DESCRIBING HOW FUNDS WILL BE USED LISTING INDIVIDUAL ITEM'S COSTS AND EXPENSES. FUNDS MUST BE EXPENDED WITHIN TWELVE (12) MONTHS AND ANY CHANGES TO THE ORIGINAL BUDGET REQUEST REQUIRE REVIEW AND APPROVAL BY THE FVCC FOUNDATION. DISBURSEMENT OF GRANT FUNDS IS MONITORED BY AND REQUIRES APPROVAL FROM THE FVCC FOUNDATION IN COOPERATION WITH BUSINESS SERVICES. MONITORING THE USE OF SCHOLARSHIP AWARDS IS A FUNCTION OF FVCC'S FINANCIAL AID OFFICE AS THE FOUNDATION TRANSFERS SCHOLARSHIP MONEY TO THE COLLEGE, NOT DIRECTLY TO THE STUDENT. GRANTS RECEIVED BY THE COLLEGE ARE ADMINISTERED AND MONITORED THROUGH FVCC'S BUSINESS SERVICES OFFICE. EMERGENCY GIVING GRANTS ARE FOR STUDENTS IN AN EMERGENCY SITUATION THAT COULD KEEP THEM FROM COMING TO SCHOOL AND CAN BE USED BY THE STUDENTS WHERE THEIR NEED IS GREATEST. X 12 177834 COMPARABLE SALES X PRIZES AND SUPPLIES 37 12184 DONOR ESTIMATED FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FVCC FOUNDATION'S FORM 990 IS REVIEWED AND APPROVED BY ITS AUDIT COMMITTEE PRIOR TO THE FORM'S SUBMISSION. THE FORM IS PRESENTED AT A BOARD MEETING AND, IF NECESSARY, IS AVAILABLE ELECTRONICALLY TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE FVCC FOUNDATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. DIRECTORS ARE REQUIRED TO COMPLETE AND SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS. ALL FVCC FOUNDATION POLICIES ARE AVAILABLE FOR FOUNDATION BOARD MEMBERS TO ACCESS FOR REFERENCE AT ALL MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.