2024-04-04T17:09:42-05:00 2023-06-30 680037990 GILBERT CPAS 2880 GATEWAY OAKS DR STE 100 SACRAMENTO CA 95833 990 2022-07-01 770136497 OHLONE COLLEGE FOUNDATION OHLO 5106596020 43600 MISSION BOULEVARD FREMONT CA 94539 BINH NGUYEN EXECUTIVE DIRECTOR 5106596020 2024-03-29 1 BINH NGUYEN 999009999 1 AMANDA H WILLIAMS P01281212 9166466464 2024-03-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BINH NGUYEN 43600 MISSION BOULEVARD FREMONT CA 94539 1727323 0 X WWW.OHLONEFOUNDATION.ORG X 1987 CA PROVIDES SUPPORT AND EDUCATIONAL OPPORTUNITIES FOR THE OHLONE COMMUNITY COLLEGE DISTRICT THROUGH SCHOLARSHIPS, FACULTY GRANTS AND COLLEGE PROGRAMS. 22 16 0 45 0 0 388696 472710 0 0 260403 156073 -339 -61251 648760 567532 993477 589331 0 0 0 0 0 0 171246 264956 298139 1258433 887470 -609673 -319938 6943430 6870449 692616 573718 6250814 6296731 THE OHLONE COLLEGE FOUNDATION SUPPORTS THE OHLONE COMMUNITY COLLEGE IN EXECUTION OF ITS STRATEGIC PLAN AND PROVIDES ASSISTANCE TO THE COLLEGE, ITS PROGRAMS AND THE STUDENTS THROUGH FUNDRAISING AND COMMUNITY OUTREACH PROGRAMS. 0 0 149785 149785 OVER $310,000 AWARDED TO STUDENTS THROUGH SCHOLARSHIPS AND GRANTS. 439546 439546 OVER $840,000 DISTRIBUTED TO OHLONE COLLEGE TO SUPPORT ACADEMIC PROGRAMS, PROFESSIONAL DEVELOPMENT, AND FACILITIES AND EQUIPMENT. 589331 1 1 0 0 0 0 0 0 0 1 0 0 1 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 1 0 0 0 0 1 0 1 0 1 8 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X BONNIE ZHU 5106596020 43600 MISSION BOULEVARD FREMONT CA 94539 JULIE ZHU CHAIR 1.00 X X 0 0 0 JENNIFER TOY HARRISON VICE CHAIR 1.00 X X 0 0 0 JIM WRIGHT PHD FINANCE CHAIR 1.00 X X 0 0 0 BRAD HATTON EDD SECRETARY 1.00 X X 0 0 0 DESIRE CAMPBELL TREASURER 1.00 X X 0 0 0 LOUIS WILLETT LEGAL COUNSEL 1.00 X X 0 0 0 ERIC BISHOP ED D THRU 103122 SUPERINTENDENT/PRESIDENT 1.00 X X 0 401364 77266 BINH NGUYEN EXECUTIVE DIRECTOR 1.00 X X 0 209888 76217 ALBERTO HUEZO DIRECTOR 1.00 X 0 0 0 SYLVIA JIMENEZ DIRECTOR 1.00 X 0 0 0 JEAN LOUIE WILLETT DIRECTOR 1.00 X 0 0 0 ANITA PIRRONE DIRECTOR 1.00 X 0 0 0 SAM SEPAH DIRECTOR 1.00 X 0 0 0 JUSTIN SHA DIRECTOR 1.00 X 0 0 0 SHIRLEY SISK DIRECTOR 1.00 X 0 0 0 GLORIA VILLASANA-FUERNISS DIRECTOR 1.00 X 0 0 0 ROBERT DOUGLASS DIRECTOR 1.00 X 0 0 0 JILL DEURIG DIRECTOR 1.00 X 0 0 0 BRENDA BRENNAN DIRECTOR 1.00 X 0 0 0 CHRISTOPHER DELA ROSA EX-OFFICIO 1.00 X 0 270821 70461 SUZANNE CHAN EX-OFFICIO 1.00 X 0 4523 1674 DR RAKESH SHARMA EX-OFFICIO 1.00 X 0 0 0 GREG BONACCORSI THRU 123122 EX-OFFICIO 1.00 X 0 4721 18147 RICHARD WATTERS THRU 123122 EX-OFFICIO 1.00 X 0 4523 1674 ANTHONY DISALVO INTERIM PRESIDENT-SUPERINTENDENT 1.00 X X 0 301623 78544 ELISA MARTINEZ EX-OFFICIO 1.00 X 0 0 0 0 1197463 323983 0 0 1 0 0 39925 432785 25743 472710 146505 146505 1107958 1098390 9568 9568 9568 150 39925 61401 -61251 -61251 567532 0 0 94822 X 439546 439546 149785 149785 12725 12725 92215 36886 55329 129419 51768 77651 540 216 324 4198 1681 2517 9733 3893 5840 4079 1632 2447 OTHER EXPENSES 18320 7328 10992 HOSPITALITY 17570 7028 10542 SPONSORSHIP 9340 3736 5604 887470 589331 126893 171246 727870 554795 479781 0 40500 51600 658 2000 5069316 5634703 625305 627351 6943430 6870449 55305 14450 159050 172650 478261 386618 692616 573718 X 72032 25745 6178782 6270986 6250814 6296731 6943430 6870449 X -319938 322203 43652 X X 0 1 X 1 0 X 2713687 426868 307235 388696 472210 4308696 126896 108333 115588 144211 144559 639587 2840583 535201 422823 532907 616769 4948283 1943388 3004895 288790 712558 124767 126913 146505 1399533 6347816 219731 0.47340 0.44460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4041028 574680 307897 29250 216900 156681 4520774 4648886 202844 -484714 21600 168725 135663 4041028 4126999 6023 754675 17475 115600 105736 4648886 3323793 905172 78017 14350 120348 45285 4126999 3279086 7131 289033 27400 123505 100552 3323793 0.50003 0.49998 1 0 0 BOND/EQUITY SECURITIES 5634703 F 5634703 ASSETS HELD IN TRUST 627351 627351 LIABILITIES TO BENEFICIARIES 247733 SCHOLARSHIP LIABILITIES 51300 DUE TO DISTRICT 87585 386618 X 1046632 322203 144559 43652 510414 536218 92215 -60901 31314 567532 1000715 144559 60901 205460 795255 92215 92215 887470 PART V, LINE 4: THE OHLONE COLLEGE FOUNDATION INTENDS TO USE THE ENDOWMENT FUNDS TO SUPPORT EDUCATIONAL OPPORTUNITIES FOR THE OHLONE COMMUNITY COLLEGE DISTRICT THROUGH SCHOLARSHIPS, FACULTY GRANTS AND COLLEGE PROGRAMS. PART X, LINE 2: THE FOUNDATION HAS APPLIED THE ACCOUNTING PRINCIPLES RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. WITH SOME EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2016. CAREER FAIR 39925 39925 60901 39925 39925 60901 60901 -60901 1 OHLONE COMMUNITY COLLEGE DISTRICT 43600 MISSION BLVD FREMONT CA 94539 942378181 439546 0 SUPPORT COLLEGE PROGRAMS 1 STUDENT SCHOLARSHIPS AND GRANTS 140 149485 STUDENT EMERGENCY FUNDING GRANTS 1 300 PART I, LINE 2: THE RESPONSIBILITY FOR MONITORING THE USE OF THE FUNDS BELONGS TO THE DISTRICT SINCE IT IS THE FOUNDATION'S SOLE BENEFICIARY. THEREFORE, THE FOUNDATION WORKS WITH THE DISTRICT, ALLOWING IT TO SPEND THE FUNDS ACCORDING TO ITS NEEDS. 0 0 0 0 0 0 0 0 0 ERIC BISHOP ED D THRU 103122 SUPERINTENDENT/PRESIDENT 0 401364 0 0 0 0 0 40921 0 36345 0 478630 0 0 ANTHONY DISALVO INTERIM PRESIDENT-SUPERINTENDENT 0 301623 0 0 0 0 0 52542 0 26002 0 380167 0 0 CHRISTOPHER DELA ROSA EX-OFFICIO 0 270821 0 0 0 0 0 31108 0 39353 0 341282 0 0 BINH NGUYEN EXECUTIVE DIRECTOR 0 209888 0 0 0 0 0 48996 0 27221 0 286105 0 0 SCHEDULE J, PART I EXPLANATION OHLONE COMMUNITY COLLEGE DISTRICT IS A RELATED ORGANIZATION AND APPROVES THE COMPENSATION OF THE FOUNDATION'S OFFICERS. X 5000 FMV X ELECTRONICS 4 15250 FMV X INSTRUMENT 1 5000 FMV X SUPPLIES 1 493 FMV 0 0 0 PART I, COLUMN (B): PHYSICAL COUNT AND/OR GROUPING OF LIKE ITEMS BY ONE DONOR. FORM 990, PART VI, SECTION A, LINE 2 LOUIS WILLET AND JEAN LOUIE WILLET ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED FULLY BY THE DISTRICT AND FOUNDATION MANAGEMENT. THEN THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW. THEY DO NOT MOTION TO APPROVE BUT ARE GIVEN A CHANCE TO ASK FOR CLARIFICATION AND OR QUESTIONS OF THE ACCOUNTING STAFF. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REQUIRES EACH BOARD MEMBER AND THE EXECUTIVE DIRECTOR TO FILL OUT A CONFLICT OF INTEREST FORM ANNUALLY. UPON RECEIPT OF EACH FORM, NOTATIONS ARE MADE AS TO POSSIBLE CONFLICTS. FOR EXAMPLE, A BANK BOARD MEMBER CANNOT SERVE ON A COMMITTEE OR VOTE REGARDING THE INVESTMENT PERFORMANCE/CONTRACT OF THEIR BANK. RECORDS OF ALL POTENTIAL CONFLICTS ARE REVIEWED REGULARLY BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE DISTRICT USED BENCHMARK POSITIONS IN ORDER TO PROPERLY PLACE ON SALARY SCHEDULE. THIS PROCESS WAS LAST UNDERTAKEN IN 2019. FORM 990, PART VI, SECTION C, LINE 19 ALL BOARD AGENDAS, MEETING DOCUMENTS, BOARD MINUTES, AND BY-LAW DOCUMENTS ARE LOCATED ON THE FOUNDATION WEBSITE. FORM 990, PART IX, LINE 11G ADMINISTRATIVE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 51,768. FUNDRAISING EXPENSES 77,651. TOTAL EXPENSES 129,419. FORM 990, PART IX, LINE 11G, EXPLANATION OF ADMINISTRATIVE SERVICES: 50% PAYROLL COSTS OF DISTRICT EMPLOYEES ASSIGNED TO THE FOUNDATION. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CRTS 43,652. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAD THE FINANCE COMMITTEE SERVE AS THE OVERSIGHT COMMITTEE FOR THE FINANCIAL STATEMENT AUDIT AND DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. OHLONE COMMUNITY COLLEGE DISTRICT 43600 MISSION BLVD FREMONT CA 94539 942378181 SECONDARY EDUCATION CA N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 OHLONE COMMUNITY COLLEGE DISTRICT B 439546 CASH & FMV OHLONE COMMUNITY COLLEGE DISTRICT O 129419 CASH