2024-02-21T13:03:19-08:00 2023-08-31 742804360 Prothro Wilhelmi & Company PLLC 6855 Oak Hill Blvd Tyler TX 75703 990 2022-09-01 756046816 TYLER JUNIOR COLLEGE FOUNDATION TYLE 9035102868 PO BOX 9020 TYLER TX 75711 MITCH ANDREWS Executive Director 2024-02-20 true MITCH ANDREWS 999009999 true Walter K Wilhelmi P00111966 9035348811 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z MITCH ANDREWS 6841256 false X WWW.TJC.EDU/FOUNDATION X 1965 TX The Tyler Junior College Foundation provides scholarship, program and capital support to ensure that TJC continues its legacy of excellence by successfully serving the educational and workforce needs of communities throughout East Texas. 26 26 0 50 0 5081491 4574143 0 3356248 2155663 86683 62134 8524422 6791940 4096943 5378851 0 0 25000 0 124686 488610 615028 4610553 5993879 3913869 798061 90009403 97169165 3790903 4478976 86218500 92690189 The Tyler Junior College Foundation provides scholarship, program and capital support to ensure that TJC continues its legacy of excellence by successfully serving the educational and workforce needs of communities throughout East Texas. false false 3282990 3282990 Awarded 1,266 scholarships from permanently and temporarily restricted funds to 907 TJC students. These awards make it possible for many of the students to receive a college education which they could not otherwise afford, helping them to become leaders in their community. 2095861 2095861 Support programs and projects to promote the mission of Tyler Junior College including expenditures for art, athletics, technology, international goodwill travel, library, nursing and other academics including emergency funding for COVID related initiatives. In addition, the foundation contributed funds for the construction of the Robert M. Rogers Nursing and Health Science building; construction costs for the Rogers Palmer Performing Arts Center, the Sutton Cultural Arts Plaza, and the Hartley Honor Plaza; construction costs for the Elizabeth P. Marsh Memorial Garden; and renovation costs for the Ornelas Center for the band, belles,and dance. 5378851 true true false false false false false false false true true false false false true true true false false false false false false false true false false true true true false false false false false false false false true false false false false true false true false true 26 0 true 0 false false false false false true true false 0 false false false true false false false X 26 26 false false true false false false false true true false false true true true true true true false false false X X NANCY DAVIS 9035102868 PO BOX 9020 TYLER TX 75711 X Mitch ANDREWS Executive Dir. 40.00 0.00 X 0 161863 29766 BILL WONG COO 40.00 0.00 X 0 86564 16696 ANDY NAVARRO Chairman 4.00 0.00 X X 0 0 0 TOM SEALE Vice Chairman 2.00 0.00 X X 0 0 0 LAVERNE GOLLOB Secretary 0.00 0.00 X X 0 0 0 ANNE RHODUS Treasurer 0.00 0.00 X X 0 0 0 DR LARRY ANDERSON Director 0.00 0.00 X 0 0 0 JEFF AUSTIN III Director 0.00 0.00 X 0 0 0 BARBARA BASS Director 0.00 0.00 X 0 0 0 JOYCE BUFORD Director 0.00 0.00 X 0 0 0 JEFF BUIE Director 0.00 0.00 X 0 0 0 AMY FAULCONER Director 0.00 0.00 X 0 0 0 ANNETTE FINDLEY Director 0.00 0.00 X 0 0 0 JOHN RIC FREEMAN Director 0.00 0.00 X 0 0 0 LEE GIBSON Director 0.00 0.00 X 0 0 0 BILLIE HARTLEY Director 0.00 0.00 X 0 0 0 BILLY HIBBS JR Director 4.00 0.00 X 0 0 0 TODD HILES Director 0.00 0.00 X 0 0 0 LAURA HYDE Director 0.00 0.00 X 0 0 0 DR PAUL LATTA DDS Director 0.00 0.00 X 0 0 0 JIM LESTOR Director 0.00 0.00 X 0 0 0 DR MIKE METKE Director 0.00 0.00 X 0 0 0 DAVID MCCULLOUGH Director 0.00 0.00 X 0 0 0 JIMMY MURPHY Director 0.00 0.00 X 0 0 0 JOSEPH ORNELAS Director 0.00 0.00 X 0 0 0 SHERYL PALMER Director 0.00 0.00 X 0 0 0 JAMES I PERKINS Director 0.00 0.00 X 0 0 0 ROBERT RIVERS Director 0.00 0.00 X 0 0 0 TED WALTERS Director 0.00 0.00 X 0 0 0 DON WARREN Director 0.00 0.00 X 0 0 0 DR SHERILYN WILLIS Director 0.00 0.00 X 0 0 0 VERNA HALL EMERITUS 0.00 0.00 X 0 0 0 NANCY LUNCEFORD EMERITUS 0.00 0.00 X 0 0 0 248427 46462 0 false true false 0 72027 4502116 153101 4574143 0 2108035 2108035 0 62134 62134 0 47628 47628 47628 47628 49316 72027 49316 0 0 0 0 6791940 2217797 2095861 2095861 3282990 3282990 0 0 0 0 0 0 0 0 0 0 22450 22450 0 0 380855 380855 58338 58338 0 0 0 0 0 0 0 0 121486 121486 0 0 6384 6384 CONTRACT SERVICES 11474 11474 REAL ESTATE TAXES 7978 7978 PUBLIC RELATION AND PROMOTION 3200 3200 Other Expense 2863 2863 0 5993879 5378851 490342 124686 5843 6043 1739976 2665203 0 3668071 2061743 0 0 0 0 1254323 2832259 545200 848947 545200 80922178 87539454 1525699 1474771 0 0 44366 44492 90009403 97169165 1315691 2894396 75212 74580 2400000 1510000 3790903 4478976 X 13745145 17080255 72473355 75609934 86218500 92690189 90009403 97169165 798061 5654128 19500 X false true X true false X X 1 TYLER JUNIOR COLLEGE 756002676 2 true 2095861 0 1 2095861 0 true false false false false false false false false false false false false false false true true false X true true Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu the Tyler Junior College Foundation was organized and incorporated on January 18, 1965 for the purpose of stimulating voluntary private support from alumni, parents, friends, corporations, foundations and others for the benefit of Tyler Junior College. The Foundation exists to raise and manage private resources to support the mission and priorities of the College and to provide opportunities for students. Part IV, Section E, Line 2b: Reasons For The Organization's Position The Foundation is dedicated to assisting the College in building endowments and in addressing, through financial support, the long-term academic and other priorities of the College. The two main forms of financial support to the College are in grants made directly to the College and in scholarships to individuals so that they are able to attend the College. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 83256085 4642959 8887046 5378851 174002 490342 90742895 94119998 5134496 -11334851 4096943 444994 121621 83256085 80924044 3091869 18947979 8596641 124187 123066 94119998 74147653 4678200 8017328 5179283 189216 550638 80924044 61031315 17106182 3319245 4252924 200675 2855490 74147653 0.16680 0.83320 true false false 545200 545200 545200 GOLLOB CHARITABLE TRUST 139335 F LINE OF CREDIT 1510000 1510000 X 12514884 5654128 19500 49316 5722944 6791940 6791940 6043195 49316 49316 5993879 5993879 Part X : FIN48 Footnote NOTE 1 - FEDERAL INCOME TAX STATUSTHERE WERE NO UNCERTAIN TAX POSITIONS FOR WHICH THE FOUNDATION BELIEVES A LIABILITY SHOULD BE RECORDED AS OF AUGUST 31,2023 AND 2022. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 DONATIONS TO FUND EVENTS $49316 Part XII, Line 2d: Other expenses and losses per audited F/S DONATIONS TO FUND EVENTS $49316 false Golf Tourn. 121343 72027 49316 49316 121343 72027 49316 49316 49316 true Tyler Junior College P O Box 9020 Tyler TX 75711 1942760 153101 FMV Donated Goods Institutional Support 0 1 ACADEMIC SCHOLARSHIPS 1266 3282990 false false false false false false false false false Mitch ANDREWS Executive Dir. 161863 22268 7498 191629 X EQUIPMENT & SUPPLIES 1 66480 FAIR MARKET VALUE X EQUIPMENT & SUPPLIES 1 23250 FAIR MARKET VALUE X VINTAGE PROPS 1 1300 FAIR MARKET VALUE X EQUIPMENT & SUPPLIES 1 56000 FAIR MARKET VALUE PRIZES/FOOD/PRI 10 3523 FAIR MARKET VA EQUIPMENT 1 1358 FAIR MARKET VA SUPPLIES 3 790 FAIR MARKET VA SUPPLIES 2 400 FAIR MARKET VA false false false Form 990, Part VI, Section A, Line 4 During the fiscal year, the Board of Directors approved 3 resolutions. Resolution 37 authorizes the Investment Committee to allocate up to $500,000 in endowment earnings in excess of the spend rate ("excess earnings") to the TJC Now Fund subject to the limitations set forth in the resolution. The authority granted by the Resolution shall be limited to no more than $500,000 in excess earnings and shall be limited in purpose to support emergency and immediate needs of TJC students during the 2022 and 2023 fiscal years of the College and Foundation. The resolution extends the authority, and is not in addition to, of the Investment Committee, as originally set forth in Resolution 32, which was adopted by the Foundation Board of Directors during their semi-annual meeting that occurred on Tuesday, February 25, 2021.Resolution 38 sets the Foundation's endowment spending rate for the academic year 2023-2024 at 4.25% for endowed scholarship funds established to support the TJC Promise and Presidential Honors scholarship programs and 4.0% for remaining endowed funds. Spending will be based on market value based as per a twelve-quarter rolling average between 9/1/2019 and 8/31/2022.Resolution 39 resolves that the Foundation sells to David Beaird, at a sales price at fair market value of $268,696.00, the property at County Road 1143, Tract 2, Tyler, Texas 75704. Form 990, Part VI, Section B, Line 11b The IRS Form 990 is reviewed by the Chief Financial Officer for the Foundation andthe Executive Director of the Foundation. The President of the Foundation and theExecutive Committee review the form prior to submission to the IRS. The Form 990 ismade available to each voting member of the Foundation's Board of Directors and online at the TJC website. Form 990, Part VI, Section B, Line 12c The Foundation monitors enforcement of the Conflict of Interest policy on an annualbasis. All board members must sign a conflict of interest statement disclosing anypotential conflicts of interest. Form 990, Part VI, Section C, Line 19 Documents are available upon request. TYLER JUNIOR COLLEGE PO BOX 9020 TYLER TX 75711 756002676 HIGHER EDUCATION TX N/A false TYLER JUNIOR COLLEGE PO BOX 9020 TYLER TX 75711 756002676 HIGHER EDUCATION TX N/A false false true false false false false false false false false false false false true true false false false false TYLER JUNIOR COLLEGE b 1942760 CASH TYLER JUNIOR COLLEGE n 258805 COST TYLER JUNIOR COLLEGE o 709452 COST TYLER JUNIOR COLLEGE b 153101 FMV Related party services provided: Tyler Junior College provides substantially all supplies, equipment, and other assets and administrative staff to the Foundation. These costs paid for by Tyler Junior College totaled $258,805 and $709,452, respectively. This is reflected in Part V, Lines 1(n) and 1(o)