2024-07-15T15:58:53-05:00 2023-12-31 990 2023-01-01 237212073 Linn-Benton Community College Foundation % Jess Jacobs LINN 5419174209 6500 Pacific Blvd SW Albany OR 97321 JESS JACOBS Director Accounting Budget 5419174324 2024-07-15 JESS JACOBS XXX-XX-XXXX false 1 AAL2 IAL1 2023 2023-04-26 12:10:37Z JESS JACOBS 6500 Pacific Blvd SW Albany OR 97321 3056245 false X https://www.linnbenton.edu/about-lbcc/foundation X 1972 OR Foundation exists for the express purpose of advancingpromoting the interestdevelopment of LBCC and the students faculty and community 14 12 0 0 1418424 1247033 0 347485 355881 92230 75230 1858139 1678144 537951 518600 0 0 0 0 609744 656658 1147695 1175258 710444 502886 12016438 13585102 45301 61379 11971137 13523723 The Foundation exists for the express purpose of advancing and promoting the interest and development of Linn-Benton Community College and the students, faculty and community. false false 476144 476144 Scholarships and grants to students of Linn-Benton Community College. 391302 42456 Donations of monies and materials to support Linn-Benton Community College. 867446 true true false false false false false false false true true false false false true false true false false false false false false false false false false true true false false false false false false false false false true false false false false true false false false true 14 0 true 0 false false false false false false false false false false false false false false X 14 12 false false false false false false false true true false false false true true true true true true false false OR X JESS JACOBS 5419174324 6500 Pacific Blvd SW Albany OR 97321 X CHRIS HANSON President 2.000 X 0 0 0 PENNY YORK Vice President 1.000 X 0 0 0 MARTY CAHILL Treasurer 1.000 X 0 0 0 JO ANN MCQUEARY Secretary 1.000 X 0 0 0 CHARLIE EADS Board Member 1.000 X 0 0 0 JEFF DAVIS Board Member 1.000 X 0 0 0 STACIE WYSS-SCHOENBORN Board Member 1.000 X 0 0 0 JEANNIE DAVIS Board Member 1.000 X 0 0 0 CAROLYN GARDNER Board Member 1.000 X 0 0 0 DIANE MERTEN Board Member 1.000 X 0 0 0 HEDIE SCHULTE Board Member 1.000 X 0 0 0 RICK PETERSEN Board Member 1.000 X 0 0 0 ROSE PEDA Board Member 1.000 X 0 0 0 DAN SEGEL Board Member 1.000 X 0 0 0 DICK RUNNING Board Member 1.000 X 0 0 0 LAURI LEHMAN Board Member 1.000 X 0 0 0 CELESTE KRUEGER Board Member 1.000 X 0 0 0 STEVEN BRONCHEAU Foundation Director 40.00 X 0 41331 0 41331 false false false 1247033 499778 1247033 487907 487907 28105 10855 17250 17250 17250 1235220 1367246 -132026 -132026 -132026 13555 13555 13555 44425 44425 44425 1678144 44425 386686 42456 42456 476144 476144 164502 164502 19978 19978 25455 25455 58124 58124 19101 19101 Contracted services 85681 60294 25387 Materials and supplies 179779 179779 Licenses and fees 6273 6273 Utilities 39637 39637 58128 11012 47116 1175258 867446 307812 0 178392 240603 57638 45615 22899 61380 250 3290610 53404 3241479 3237206 8161887 9752748 292763 308680 12016438 13585102 30714 48188 14587 13191 45301 61379 X 1849045 1926661 10122092 11597062 11971137 13523723 12016438 13585102 X 502886 1049700 260926 -260926 X false true X false false X 1002693 693998 949519 1418424 1247033 5311667 220417 193062 168771 287503 260926 1130679 1223110 887060 1118290 1705927 1507959 6442346 883345 5559001 584276 386130 704027 347485 487907 2509825 90943 25094 60919 92230 75231 344417 9296588 344417 0.59796 0.66734 X Part II line 10(a) Miscellaneous income of $90,943 Part II line 10(b) Miscellaneous income of $25,094 Part II line 10(c) Miscellaneous income of $60,919 Part II line 10(d) Miscellaneous income of $92,230 Part II line 10(e) Miscellaneous income of $75,231 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 11647716 1193279 1310450 476144 454601 13220700 12375177 1258416 -1183903 479076 322898 11647716 11175653 798651 1198982 415628 382481 12375177 10307201 529028 1001209 298614 363171 11175653 8889849 824020 1300454 272352 434770 10307201 0.12000 0.49000 0.39000 true false 466238 305000 771238 2473222 53404 2419818 46150 46150 3237206 Beneficial interest asset 308680 308680 Oblig under splitint agr 13191 13191 3131651 1049700 260926 142881 1453507 1678144 1678144 1579065 260926 142881 403807 1175258 1175258 P5, Ln 4 Endowment earnings are used primarily for scholarships to students. P11, Ln 2d Rental expenses ($10,855); Fundraising expenses ($0) P11, Ln 2d Realized loss on investments ($132,026) P12, Ln 2d Rental expenses ($10,855); Fundraising expenses ($0) P12, Ln 2d Realized loss on investments ($132,026) true Linn-Benton Comm College 6500 Pacific Blvd SW Albany OR 97321 930561307 1151 42456 0 College programs 1 0 Scholarships to students 215 476144 Part I Line 2 The Board of Directors of the Foundation has a committee which oversees the Part I Line 2 awarding and use of scholarships and grants X 1 499778 FMV false true false P1, Col B Number of contrib. recd. Part VI Line 11b The Foundation Director & staff responsible for maintaining the accounting Part VI Line 11b records review the Form 990. Part VI Line 12c Board members are required to comply with Board policies during Part VI Line 12c their tenure. Part VI Line 15a or b Foundation has no paid employees.The Foundation Director is employed by the Part VI Line 15a or b College. His compensation is determined in accordance with College policies Part VI Line 19 The Foundation makes its governing documents, conflict of interest policy, Part VI Line 19 and financial statements available upon request. Part XI Line 9 Other changes in net assets consist of $260,926 of donated services. Part VII Line 1a Entry 18, columns (E) & (F) Part VII Line 1a Steven Broncheau worked for the Foundation, but was Part VII Line 1a paid by Linn-Benton Community College, a related organization, Part VII Line 1a as an employee of the College. The Foundation reimbursed the Part VII Line 1a college for a portion of Mr. Broncheau's compensation. Linn-Benton Community College 6500 Pacific Blvd SW Albany OR 97321 930561307 Community College OR 1151 NA false false true false false false false false false false false false false true true false true false false false Linn-Benton Community College B 260926 Audited financials M 247188 Audited financials Albany N 13738 Audited financials P 164502 Audited financials