2024-02-06T08:41:51-06:00 2023-06-30 923320348 EAG GULF COAST LLC ONE GALLERIA BLVD STE 2100 METAIRIE LA 70001 990 2022-07-01 721123204 DELGADO COMMUNITY COLLEGE FOUNDATION DELG 5044834066 501 CITY PARK AVENUE NEW ORLEANS LA 701194399 LEON L GIORGIO JR CHAIRMAN 5044834066 2024-02-03 1 LEON GIORGIO JR 999009999 1 SHARON CASSIERE P00543368 5048375990 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LEON L GIORGIO JR 501 CITY PARK AVENUE NEW ORLEANS LA 701194399 7134631 0 X WWW.DCC.EDU X 1988 LA THE MISSION OF THE FOUNDATION IS TO DEVELOP PRIVATE FINANCIAL RESOURCES FOR THE COLLEGE. THESE RESOURCES ARE USED TO PROMOTE AND ENHANCE EDUCATIONAL PROGRAMS, FUND SCHOLARSHIPS, AND TO SEEK EXTERNAL REVENUES, PRIVATE PHILANTHROPIC AND ADVOCACY SUPPORTING FUNDS FOR THE COLLEGE. 21 21 1 0 0 0 7566316 6630410 0 0 313448 116826 202583 166886 8082347 6914122 6837448 6076130 0 0 86761 92007 0 0 30247 149830 226990 7074039 6395127 1008308 518995 9574933 9403874 3334507 2458265 6240426 6945609 X THE MISSION OF THE FOUNDATION IS TO DEVELOP PRIVATE FINANCIAL RESOURCES FOR THE COLLEGE. THESE RESOURCES ARE USED TO PROMOTE AND ENHANCE EDUCATIONAL PROGRAMS, FUND SCHOLARSHIPS, AND TO SEEK EXTERNAL REVENUES, PRIVATE PHILANTHROPIC AND ADVOCACY SUPPORTING FUNDS FOR THE COLLEGE. 0 0 5000000 5000000 PROMOTED EDUCATIONAL AND CULTURAL WELFARE OF DELGADO COMMUNITY COLLEGE BY ON-GOING CONSTRUCTION OF THE STUDENT LIFE CENTER OF DELGADO'S CAMPUS TO PROVIDE BROADER EDUCATIONAL ADVANTAGES AND OPPORTUNITIES. 514202 514202 PARTNERSHIP WITH THE U.S. NAVY TO SUPPORT EXISTING EDUCATION, TRAINING, AND WORKFORCE DEVELOPMENT OF THE MARITIME INDUSTRY TRADES 375075 375075 PROVIDED SCHOLARSHIPS TO WORTHY STUDENTS AT DELGADO COMMUNITY COLLEGE INCLUDING GAP AND OTHER SCHOLARSHIPS. 142542 142542 PROVIDED FUNDS FOR THE DELGADO COMMUNITY COLLEGE STUDENT ATHLETIC PROGRAMS FOR MAINTENANCE OF THE KIRSCH-ROONEY BASEBALL STADIUM. 75189 92179 PROMOTED THE EDUCATIONAL AND CULTURAL WELFARE OF DELGADO COMMUNITY COLLEGE BY ON-GOING CONSTRUCTION OF THE STUDENT LIFE CENTER ON DELGADO'S CAMPUS TO PROVIDE BROADER EDUCATIONAL ADVANTAGES AND OPPORTUNITIES. 47880 44311 PROVIDED OPERATING CAPITAL FUNDS TO DELGADO COMMUNITY COLLEGE. 265611 186853 92179 6154888 1 1 0 1 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X RONALD RUSSO 5047623052 615 CITY PARK AVENUE NEW ORLEANS LA 70119 LEON L GIORGIO JR CHAIRMAN 1.00 X X 0 0 0 PASTOR CHARLES J SOUTHALL III SECRETARY (THRU 11/2022 1.00 X X 0 0 0 ANN D DUPLESSIS DIRECTOR 1.00 X 0 0 0 DINO PATERNOSTRO DIRECTOR 1.00 X 0 0 0 ED MARSHALL DIRECTOR 1.00 X 0 0 0 GARY P LAGRANGE DIRECTOR 1.00 X 0 0 0 I WILLIAM SIZELER DIRECTOR 1.00 X 0 0 0 JOSEPH JOE JAEGER JR DIRECTOR 1.00 X 0 0 0 MAVIS EARLY DIRECTOR 1.00 X 0 0 0 MICHAEL HECHT DIRECTOR 1.00 X 0 0 0 MICHAEL JOSEPH MAENZA DIRECTOR 1.00 X 0 0 0 RONALD H BORDELON DIRECTOR 1.00 X 0 0 0 SAMIR MOWAD DIRECTOR 1.00 X 0 0 0 SHELBY P LASALLE JR DIRECTOR 1.00 X 0 0 0 TRACEY SCHIRO DIRECTOR 1.00 X 0 0 0 WALTER J LEGER JR ESQ DIRECTOR 1.00 X 0 0 0 WAYNE FONTANA ESQ DIRECTOR 1.00 X 0 0 0 WILLIAM M LEMOINE DIRECTOR 1.00 X 0 0 0 TODD P TROSCLAIR SR DIRECTOR 1.00 X 0 0 0 JW BILL GIARDINA DIRECTOR 1.00 X 0 0 0 PETER FOS DIRECTOR 1.00 X 0 0 0 WAYNE SKINNER DIRECTOR 1.00 X 0 0 0 NITA HUTTER MEINS EXECUTIVE DIRECTOR 10.00 X 72659 0 0 RONALD RUSSO FOUNDATION ACCOUNTANT 10.00 X 15173 157673 59746 87832 157673 59746 0 0 1 0 0 105890 514202 6010318 24250 6630410 15577 15577 145348 145348 92179 0 92179 92179 92179 44099 -44099 -44099 -44099 251117 105890 176410 74707 74707 6914122 92179 0 191533 5701055 5701055 375075 375075 92007 2277 70436 19294 25100 25100 52231 1292 39986 10953 3521 3521 12897 12897 75189 75189 4064 4064 MISCELLANEOUS EXPENSE 53988 53988 6395127 6154888 209992 30247 102619 113627 1980403 1580614 250000 6506 10876 5657826 5419984 1577579 2278773 9574933 9403874 212148 67176 1242081 727879 1797068 1606058 83210 57152 3334507 2458265 X 1186702 2327190 5053724 4618419 6240426 6945609 9574933 9403874 518995 186188 0 X X 0 1 X 1 0 X 3470866 3197798 1167139 7566316 6630410 22032529 3470866 3197798 1167139 7566316 6630410 22032529 540891 21491638 96544 92000 87157 99557 160925 536183 108078 41851 59352 102763 74707 386751 22955463 530357 0.93620 0.91100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 190042 12743 202785 166512 48912 -25382 190042 132729 33783 166512 127575 5154 132729 120275 7300 127575 0.35000 0.65000 0 0 0 COMMON STOCKS 302611 F EQUITY SECURITIES MUTUAL FUND 1871968 F FIXED INCOME MUTUAL FUND 3245405 F 5419984 LEASE RECEIVABLE - STUDENT LIFE CENTER 1372579 CONSTRUCTION IN PROGRESS 906194 2278773 DUE TO DELGADO COMMUNITY COLLEGE, NET 57152 57152 X 7100310 186188 186188 6914122 0 6914122 6395127 0 6395127 0 6395127 PART V, LINE 4: CHALLENGE GRANT - TUITION ASSISTANCE FOR LOW-INCOME STUDENTS; ADOPT-A-PROF - DONOR RESTRICTED FOR FUTURE PROFESSORSHIP; OVERTURE - DONOR RESTRICTED FOR CULTURAL SCHOLARSHIP. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT FOUNDATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. CENTENNIAL CELEBRATION 133761 22320 111441 400 53053 933 22855 35806 ROAST OF THE TOWN 222746 83570 139176 11889 25793 19502 6178 356507 105890 250617 400 64942 26726 42357 41984 176409 74208 1 DELGADO COMMUNITY COLLEGE 501 CITY PARK AVENUE NEW ORLEANS LA 70119 726012995 501(C)(3) 0 142542 SUPPORT OF ATHLETIC PROGRAM DELGADO COMMUNITY COLLEGE 501 CITY PARK AVENUE NEW ORLEANS LA 70119 726012995 501(C)(3) 0 514202 SUPPORT OF NAVY TRAINING DELGADO COMMUNITY COLLEGE 501 CITY PARK AVENUE NEW ORLEANS LA 70119 726012995 501(C)(3) 0 5000000 CONSTRUCTION OF DELGADO NURSING AND ALLIED HEALTH FACILITY DELGADO COMMUNITY COLLEGE 501 CITY PARK AVENUE NEW ORLEANS LA 70119 726012995 501(C)(3) 0 44311 SUPPORT OF DEPARTMENTS AND COLLEGE SCHOLARSHIPS/STIPENDS AWARDED TO STUDENTS OF DELGADO COMMUNITY COLLEGE 291 375075 PART I, LINE 2: ALL REQUESTS FOR REIMBURSEMENTS ARE SUPPORTED BY INVOICES, AND ARE PAID FROM THE FOUNDATION CHECKING ACCOUNT. 0 0 0 0 0 0 0 0 0 RONALD RUSSO FOUNDATION ACCOUNTANT 15173 157673 0 0 0 0 3684 38289 1529 16244 20386 212206 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY FOUNDATION ACCOUNTANT AND SIGNED BY THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER AND DIRECTOR IS REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST DOCUMENT. THE FOUNDATION ACCOUNTANT WILL REVIEW THE POLICY YEARLY AND ALL BOARD MEMBERS WILL SIGN THE DCCF CONFLICTS DISCLOSURE FORM. FORM 990, PART VI, SECTION C, LINE 18 FOUNDATION ACCOUNTANT WILL PROVIDE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FOUNDATION ACCOUNTANT RETAINS THE FINANCIAL STATEMENTS AND WILL EITHER E-MAIL OR MAIL THEM UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE SUBMITTED TO THE LOUISIANA LEGISLATIVE AUDITOR, AND ARE AVAILABLE ON ITS WEB SITE. EXECUTIVE DIRECTOR HOLDS GOVERNING DOCUMENTS AND WILL EITHER E-MAIL OR MAIL THOSE DOCUMENTS UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR. DELGADO COMMUNITY COLLEGE 615 CITY PARK AVENUE NEW ORLEANS LA 70119 926012995 MEMEBER OF THE LOUISIANA COMMUNITY & TECHNICAL COLLEGE SYSTEM LA N/A N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 DELGADO COMMUNITY COLLEGE B 5701055 CASH