2024-05-14T09:01:42-04:00 2023-06-30 431109768 KPM CPAS PC 1445 E REPUBLIC RD SPRINGFIELD MO 65804 990 2022-07-01 431753974 OZARKS TECHNICAL COMMUNITY COLLEGE FOUNDATION OZAR 4174474842 1001 E CHESTNUT EXPWY SPRINGFIELD MO 658023625 DREW COURTWAY ASSISTANT TREASURER 4174474842 2024-05-13 true ANDREW COURTWAY XXX-XX-XXXX false GRETCHEN K RUSSELL CPA P01669304 4178824300 2024-05-13 2022 2023-04-26 12:10:37Z AMY BACON 1001 E CHESTNUT EXPRESSWAY SPRINGFIELD MO 65802 3097649 false X FOUNDATION.OTC.EDU X 1995 MO THE OTC FOUNDATION SUPPORTS THE COLLEGE MISSION OF TRANSFORMING LIVES AND STRENGTHENING OUR COMMUNITIES THROUGH SECURING PRIVATE GIFTS, BUILDING PARTNERSHIPS AND ADVOCATING FOR STUDENTS AND THE COLLEGE. 29 29 0 98 0 3212451 2790450 0 793273 282499 -4815 -11007 4000909 3061942 1892270 1601938 0 0 0 0 126760 167028 2019030 1768966 1981879 1292976 13951524 15810007 99903 32050 13851621 15777957 THE OTC FOUNDATION SUPPORTS THE COLLEGE MISSION OF TRANSFORMING LIVES AND STRENGTHENING OUR COMMUNITIES THROUGH SECURING PRIVATE GIFTS, BUILDING PARTNERSHIPS AND ADVOCATING FOR STUDENTS AND THE COLLEGE. false false 524224 524224 PROVIDED SCHOLARSHIPS TO FINANCIALLY ASSIST OTC STUDENTS. AWARDS WERE MADE TO 719 STUDENTS. 453877 344208 PROVIDED STUDENT SUPPORT AND INSTRUCTION 733506 733506 PROVIDED PLANT AND INFRASTRUCTURE UPGRADES 1711607 true true false false false false false false false true false false false false false true false true false false false false false false true false false true true false false false false false false false false false true false false false false true false true false true 1 0 0 false false false false false true true false false false true false false false X 29 29 false false false false false false false true true false false true true true true false true false false false X AMY BACON 4174474842 1001 E CHESTNUT EXPRESSWAY SPRINGFIELD MO 65802 AMY BACON EXECUTIVE DI 20.00 20.00 X 0 123579 18326 DREW COURTWAY ASSISTANT TR 5.00 40.00 X 0 87199 32825 DR KEITH LAFERRIERE CHAIR 0.50 X X 0 0 0 MARY BETH HARTMAN VICE CHAIR 0.50 X X 0 0 0 DOUG NEFF PAST CHAIR 0.50 X X 0 0 0 ADAM PYLE SECRETARY 0.50 X X 0 0 0 JIM TOWERY TREASURER 0.50 X X 0 0 0 RAYLENE APPLEBY DIRECTOR 0.50 X 0 0 0 HOWARD BAILEY DIRECTOR 0.50 X 0 0 0 BOB BEINE DIRECTOR 0.50 X 0 0 0 JUDY BREEDING DIRECTOR 0.50 X 0 0 0 DR JERRY CASH DIRECTOR 0.50 X 0 0 0 JEFF CHILDS DIRECTOR 0.50 X 0 0 0 ROSA DAVIS DIRECTOR 0.50 X 0 0 0 GREG DELONG DIRECTOR 0.50 X 0 0 0 VONCILLE ELMER DIRECTOR 0.50 X 0 0 0 BRAD ERWIN DIRECTOR 0.50 X 0 0 0 HARWOOD FERGUSON DIRECTOR 0.50 X 0 0 0 JAY GUFFREY DIRECTOR 0.50 X 0 0 0 BILL HAMMITT DIRECTOR 0.50 X 0 0 0 SAM F HAMRA DIRECTOR 0.50 X 0 0 0 MARK HASELTINE DIRECTOR 0.50 X 0 0 0 RICK HUGHLETT DIRECTOR 0.50 X 0 0 0 JIM HUTCHESON DIRECTOR 0.50 X 0 0 0 RYAN MURRAY DIRECTOR 0.50 X 0 0 0 STEVE PLASTER DIRECTOR 0.50 X 0 0 0 CHIP SHEPPARD DIRECTOR 0.50 X 0 0 0 DAVID TAYLOR DIRECTOR 0.50 X 0 0 0 RANDELL WALLACE DIRECTOR 0.50 X 0 0 0 JENNIFER KENNALLY DIRECTOR 0.50 X 0 0 0 JENA HOLTBERG-BENGE DIRECTOR 0.50 X 0 0 0 MIKE MEEK DIRECTOR (RE 0.50 X 0 0 0 210778 51151 false false false 45020 2745430 117221 2790450 282499 282499 24700 45020 35707 -11007 -11007 3061942 271492 1077714 1077714 524224 524224 57359 57359 STUDENT SUPPORT & INSTRUC 106837 106837 CREDIT CARD CHARGES 2832 2832 1768966 1711607 57359 0 1030845 724511 3568744 2995615 9351935 12089881 13951524 15810007 99903 32050 99903 32050 X 1893762 2360233 11957859 13417724 13851621 15777957 13951524 15810007 1292976 633360 X false true X false false X 1113478 1322398 6046831 3212451 2790450 14485608 1113478 1322398 6046831 3212451 2790450 14485608 3533830 10951778 84527 -147744 581927 213113 282499 1014322 15499930 0.70660 0.74900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5844154 689709 490714 142815 34296 6847466 6708293 123400 -853297 97623 36619 5844154 3965548 1657775 1135093 21498 28625 6708293 3762796 214043 55439 42000 24730 3965548 3562497 121203 158658 56251 23311 3762796 1.00000 true false X SCHEDULE D, PAGE 2, PART V, LINE 4 THE PRINCIPAL OF AN ENDOWMENT FUND SHALL BE CONSIDERED A PERMANENT ENDOWMENT AND SHALL BE KEPT INTACT AND INVESTED IN ACCORDANCE WITH FOUNDATION INVESTMENT POLICIES. THE ANNUAL ENDOWMENT DISTRIBUTION WILL BE ALLOCATED TO INDIVIDUAL ENDOWMENTS BASED ON SPENDING POLICY AND PRIOR AWARDS THEN AWARDED ACCORDING TO THE AGREED CRITERIA AT THE TIME THE DONOR MADE THE GIFT. THE SPENDING POLICY IS REVIEWED EVERY THREE YEARS BY THE BOARD OF DIRECTORS. SCHEDULE D, PAGE 3, PART X THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED JUNE 30, 2023, THERE WERE NO INTEREST OR PENALTIES RECORDED IN THE FINANCIAL STATEMENTS. GOLF TOURNAMENT 69720 45020 24700 1920 10471 7748 15568 69720 45020 24700 1920 10471 7748 15568 35707 -11007 true OZARKS TECHNICAL COMMUNITY COLLEGE 1001 E CHESTNUT EXPRESSWAY SPRINGFIELD MO 65802 431549458 GOV 1028222 49492 FMV SUPPLIES/EQUIPM EDUCATIONAL INSTITUT 1 STUDENT SCHOLARSHIPS 719 524224 SCHEDULE I, PAGE 1, PART I, LINE 2 BASED ON THE REQUIREMENTS SET FORTH BY THE DONOR(S), THE SCHOLARSHIP SELECTION COMMITTEE MEETS IN JUNE, DECEMBER, AND/OR JANUARY, AS APPLICABLE, TO DETERMINE THE AWARD RECIPIENTS. ONCE THE SELECTIONS HAVE BEEN MADE, RECIPIENTS ARE NOTIFIED BY E-MAIL OF THEIR AWARD. THE SCHOLARSHIP IS APPLIED AS AN AWARD TO THE STUDENT'S ACCOUNT. GRANTS AND SCHOLARSHIPS HAVE A DUAL CONTROL MONITORING PROCESS IMPLEMENTED BY THE FOUNDATION AND COLLEGE. THE COLLEGE MANAGES THE ACADEMIC AND FINANCIAL INTEGRITY OF NEED AND THE FOUNDATION PROVIDES THE VOLUNTEER EXPERIENCE AND ACCOUNTABILITY TO THE DONOR. X 2 28757 FAIR MARKET VALUE X 2 67109 NYSE X 2 620 COST X SUPPLIES/EQUIPM 6 20735 FAIR MARKET VALUE false false false SCHEDULE M, PAGE 2, PART II PART 1, COLUMN B REPORTED BY THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990 DIRECTOR DOUG NEFF SERVES AS CHAIRMAN AND CEO OF COMMERCE BANK, SPRINGFIELD REGION. IN JANUARY 2018, THE COMMERCE TRUST COMPANY (A DIVISION OF COMMERCE BANK) WAS ENGAGED BY THE OTC FOUNDATION FOR ITS INVESTMENT MANAGEMENT SERVICES. THESE INVESTMENT MANAGEMENT SERVICES WERE STILL PRESENT THROUGHOUT THE OTC FOUNDATION'S TAX YEAR. FORM 990, PART VI THE OTC FOUNDATION DOES NOT HAVE ITS OWN WRITTEN DOCUMENT RETENTION & DESTRUCTION POLICY AT THIS TIME. THE OTC FOUNDATION USES THE WRITTEN DOCUMENT RETENTION & DESTRUCTION POLICY SET BY THE RELATED ORGANIZATION'S (OTC) FINANCE DEPARTMENT. FORM 990, PAGE 6, PART VI, LINE 11B THE FOUNDATION'S BOARD OF DIRECTORS, EXECUTIVE DIRECTOR AND ASSISTANT TREASURER ALL REVIEW THE FORM 990 DOCUMENT PRIOR TO ITS FILING. FORM 990, PAGE 6, PART VI, LINE 12C INTERESTED PERSONS ANNUALLY SIGN AFFIRMATIONS OF COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICIES. INTERESTED PERSONS: ANY DIRECTOR, PRINCIPAL OFFICER, MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWER, OR A PERSON WITH A FINANCIAL INTEREST. INTERESTED PERSONS MUST DISCLOSE THE EXISTENCE OF A POSSIBLE CONFLICT OF INTEREST. ONCE DISCLOSED, THE BOARD REVIEWS THE SITUATION AND DETERMINES IF A CONFLICT EXISTS. THE BOARD WILL VOTE TO ACCEPT OR REJECT THE TRANSACTION WITH THE INTERESTED PERSON. THE INTERESTED PERSON IS NOT ALLOWED TO VOTE. FORM 990, PAGE 6, PART VI, LINE 19 THE AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE NOT INCLUDED IN THE FOUNDATION'S ANNUAL REPORT. THEY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. OZARKS TECHNICAL COMMUNITY COLLEGE 1001 E CHESTNUT EXPRESSWAY SPRINGFIELD MO 65802 431549458 EDUCATION MO 115 NA false false true false false false false false false false false false true false true true true false false false OZARKS TECHNICAL COMMUNITY COLLEGE B 49492 FAIR MARKET VALUE OZARKS TECHNICAL COMMUNITY COLLEGE B 1028222 CASH