2024-10-23T14:47:09-05:00 2024-06-30 420794029 DENMAN CPA LLP 1601 22ND STREET SUITE 400 WEST DES MOINES IA 502661453 990 2023-07-01 237076632 KIRKWOOD COMMUNITY COLLEGE FOUNDATION KIRK 3193985442 6301 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 JODY PELLERIN EXECUTIVE DIRECTOR 3193985442 2024-10-23 1 0 JEFFEREY ROY P01951847 5152258400 2023 2024-10-15 13:58:12Z JODY PELLERIN 19246268 0 X WWW.KIRKWOOD.EDU/FOUNDATION X 1969 IA TO SUPPORT THE EDUCATION AND DEVELOPMENT NEEDS OF KCC'S STUDENTS BY PROVIDING RESOURCES NOT AVAILABLE THROUGH PUBLIC FUNDS. 31 31 0 31 0 0 21563452 5510358 0 0 1028030 1379797 4804 21453 22596286 6911608 4113878 4353677 0 0 0 0 0 0 152433 359828 373400 4473706 4727077 18122580 2184531 65671363 73815146 2865906 3358024 62805457 70457122 THE KIRKWOOD COMMUNITY COLLEGE FOUNDATION (KCCF) WAS ESTABLISHED TO BRIDGE THE GAP BETWEEN THE NEEDS AND RESOURCES OF KIRKWOOD COMMUNITY COLLEGE (KCC), BY RAISING FUNDS TO PROVIDE ASSISTANCE TO STUDENTS WHO WISH TO ENHANCE THEIR LIVES THROUGH EDUCATION AND TRAINING. 0 0 3447563 3447563 SCHOLARSHIPS: KCCF HELPS STUDENTS WHO WISH TO ENHANCE THEIR LIVES THROUGH EDUCATION AND TRAINING BY OFFERING FINANCIAL ASSISTANCE THROUGH SCHOLARSHIPS. 906114 906114 COLLEGE SUPPORT: EQUIPMENT AND OTHER INSTRUCTIONAL SUPPORT TO PROVIDE LEARNING OPPORTUNITIES FOR KCC STUDENTS. 4353677 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA KY MA MD MI MN NJ NH NY OR PA SC UT X X ANDREA MOORE 3193985462 6301 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 ANNE PARMLEY BOARD PRESIDENT 2.00 X X 0 0 0 STEVE CAVES BOARD VICE-PRESIDENT 2.00 X X 0 0 0 PAUL MORF BOARD SECRETARY 2.00 X X 0 0 0 DEB GERTSEN BOARD TREASURER 2.00 X X 0 0 0 RICHARD L FERGUSON DIRECTOR 2.00 X 0 0 0 ROGER KLOUDA DIRECTOR 2.00 X 0 0 0 STEPHEN WEST DIRECTOR 2.00 X 0 0 0 DENNIS JORDAN DIRECTOR 2.00 X 0 0 0 ANTHONY ARRINGTON DIRECTOR 2.00 X 0 0 0 BARBARA ALLEN DIRECTOR 2.00 X 0 0 0 G RICHARD JOHNSON DIRECTOR 2.00 X 0 0 0 ELAINE HARRINGTON DIRECTOR 2.00 X 0 0 0 TOM CILEK DIRECTOR 2.00 X 0 0 0 GENE WEHRHEIM DIRECTOR 2.00 X 0 0 0 ARBE BAREIS-MOYYAD DIRECTOR 2.00 X 0 0 0 DR CLAYTON PARKS DIRECTOR 2.00 X 0 0 0 TERI GIBSON DIRECTOR 2.00 X 0 0 0 BARRY GOETTSCH DIRECTOR 2.00 X 0 0 0 DR VINCENT REID DIRECTOR 2.00 X 0 0 0 GEORGE GRASK DIRECTOR 2.00 X 0 0 0 KENT STATLER DIRECTOR 2.00 X 0 0 0 JODI COBB DIRECTOR 2.00 X 0 0 0 DAVID KEHOE DIRECTOR 2.00 X 0 0 0 LORI KRAMER DIRECTOR 2.00 X 0 0 0 EDMUND ABODEELY DIRECTOR 2.00 X 0 0 0 RUTHINA MALONE DIRECTOR 2.00 X 0 0 0 CHAD MEYERS DIRECTOR 2.00 X 0 0 0 PAT SAUTER DIRECTOR 2.00 X 0 0 0 CHARLES STROO DIRECTOR 2.00 X 0 0 0 JAMES MOLLENHAUER DIRECTOR 2.00 X 0 0 0 SHAWN GALLAGHER DIRECTOR 2.00 X 0 0 0 JODY PELLERIN EXECUTIVE DIRECTOR 40.00 X 0 149943 6609 ANDREA MOORE SENIOR ACCOUNTANT 20.00 20.00 X 0 68845 7379 0 218788 13988 0 0 1 0 0 2037466 3472892 319646 5510358 1418572 1418572 12258441 12297216 -38775 -38775 -38775 58897 37444 21453 21453 6911608 0 0 1401250 906114 906114 3447563 3447563 18000 18000 85173 85173 34121 34121 4828 4828 43142 1563 41579 105495 93349 12146 4653 2327 2326 3729 2899 830 OTHER EXPENSES 74259 12828 61431 4727077 4353677 220967 152433 3087099 4184887 996725 1007499 123500 82600 47531 47347 58022171 64324974 3042414 3774315 351923 393524 65671363 73815146 2839 19596 1671562 1813351 1191505 1525077 2865906 3358024 X 62587718 70262553 217739 194569 62805457 70457122 65671363 73815146 X 2184531 5421490 45644 X 0 1 X 1 0 X 3038992 4802555 4524083 21563452 5510358 39439440 31970 558294 559411 641828 659750 2451253 3070962 5360849 5083494 22205280 6170108 41890693 979188 40911505 612936 436361 699286 1128077 1418572 4295232 13975 75978 40823 58897 189673 46375598 0.88220 0.90320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40369780 1990151 4607031 1667137 45299825 37633298 568067 3801316 1632901 40369780 42727217 2015836 -5607889 1501866 37633298 31462816 2031932 10518201 1285732 42727217 31606006 364118 787030 1294338 31462816 1.00000 1 0 0 JENNISON INSTITUTIONAL US SMALL CAP 2958828 F HORSLEY BRIDGE VENTURE 14, L.P. 815487 F 3774315 DUE TO KCC 302201 DUE TO KCCK-FM RADIO 1204276 ANNUITY PAYABLE 18600 1525077 X 12990763 5421490 659750 83088 6164328 6826435 85173 85173 6911608 5339098 659750 37444 697194 4641904 85173 85173 4727077 PART V, LINE 4: THE ENDOWMENT FUNDS ARE INTENDED TO BE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY, OR ASSET, FOR AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS EVALUATED ITS MATERIAL TAX POSITIONS AND DETERMINED THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY, OR ASSET, OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY TAX AUTHORITIES. HOWEVER, THERE ARE CURRENTLY NO REVIEWS OR EXAMINATIONS FOR ANY TAX PERIODS IN PROGRESS. THE TAX RETURNS FOR YEARS PRIOR TO THE FISCAL YEAR ENDED JUNE 30, 2021 ARE NO LONGER OPEN TO EXAMINATION BY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 28,233. ACTUARIAL ADJUSTMENT TO ANNUITIES PAYABLE 17,411. FUNDRAISING EVENT COSTS 37,444. ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT COSTS 37,444. ROUNDING ATHLETICS GOLF 58897 58897 37444 58897 58897 37444 37444 21453 1 KIRKWOOD COMMUNITY COLLEGE 6301 KIRKWOOD BLVD CEDAR RAPIDS IA 52404 420924685 GOVERNMENT ENTITY 626073 268785 FMV SUPPLIES & EQUIPMENT EQUIPMENT EXPENSES & INSTRUCTIONAL DEPARTMENT SUPPORT. IOWA STATE UNIVERSITY FOUNDATION 2505 UNIVERSITY BLVD AMES IA 50010 421143702 501(C)(3) 11255 0 SCHOLARSHIPS 2 SCHOLARSHIPS FOR STUDENTS 1501 3447563 PART I, LINE 2: SUBMISSION OF AN APPROVED REQUEST FOR TRANSFER OR EXPENDITURE MUST BE MADE TO KCCF. KCCF VERIFIES THAT THE EXPENSE COMPLIES WITH DONOR INTENT SUPPLIED AT THE TIME THE GIFT WAS RECEIVED. REQUEST MUST INCLUDE A DESCRIPTION OF THE PURPOSE AND THE AMOUNT OF THE REIMBURSABLE EXPENSE. 0 0 0 0 0 0 0 0 0 JODY PELLERIN EXECUTIVE DIRECTOR 0 149943 0 0 0 0 0 0 0 6609 0 156552 0 0 X 3 2665 DONOR DETERMINED X 2 7841 DONOR DETERMINED X 2 133306 DONOR DETERMINED X 4 50861 FAIR MARKET VALUE X AUTOBODY PAINT SUPPLIES 1 62100 DONOR DETERMINED X IT EQUIPMENT 3 47519 DONOR DETERMINED X MISCELLANEOUS 28 15354 DONOR DETERMINED 0 1 0 PART I, COLUMN (B): AMOUNT IN COLUMN B IS NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE CONSISTS OF PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER AND SUCH AD HOC MEMBERS OF THE BOARD AS THE PRESIDENT DESIGNATES, IF ANY. THE CHAIR OF EACH COMMITTEE IS AN EX-OFFICIO, NON-VOTING MEMBER OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS AUTHORIZED TO ACT FOR THE BOARD BETWEEN MEETINGS OF THE BOARD AND ALSO WHEN SPECIFICALLY AUTHORIZED BY RESOLUTION OF THE BOARD, EXCEPT THAT THE EXECUTIVE COMMITTEE IS NOT AUTHORIZED TO: 1) AMEND THE ARTICLES OF INCORPORATION; 2) ADOPT AN AGREEMENT OF MERGER OR CONSOLIDATION; 3) SELL, LEASE, OR EXCHANGE ALL OR SUBSTANTIALLY ALL OF KCCF'S PROPERTY AND ASSETS; 4) INITIATE DISSOLUTION OF KCCF OR A REVOCATION OF A DISSOLUTION; 5) AMEND THE BYLAWS OF KCCF; 6) FILL VACANCIES ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A ALL NOMINEES FOR ELECTION TO THE GOVERNING BODY OF KCCF SHALL BE MADE BY MAJORITY VOTE OF THE BOARD OF DIRECTORS OF KCC. IN ADDITION THE KCCF BOARD OF DIRECTORS SHALL INCLUDE A MAXIMUM OF TWO PERSONS WHO ARE ALSO MEMBERS OF THE KCC BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE EXECUTIVE COMMITTEE REVIEW THE FORM 990. A COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS, AS WELL AS SELF-REPORT ANY POTENTIAL CONFLICTS IF ONE WERE TO ARISE DURING THE YEAR. A MEMBER OF THE AUDIT COMMITTEE REVIEWS THE CONFLICT OF INTEREST STATEMENTS AND ANY SELF-REPORTED ITEMS TO DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT ARISES IT IS DISCUSSED AT THE FIRST BOARD MEETING AFTER IT IS DISCOVERED. ANY MEMBER IN CONFLICT WOULD RECUSE THEMSELVES FROM ANY DISCUSSION ON THE CONFLICTED TOPIC. ALL APPLICABLE PARTS OF THE PROCESS, FINAL DETERMINATION, RECUSAL AND END RESULT WOULD BE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN CASH SURRENDER LIFE INSURANCE 28,233. ACTUARIAL ADJUSTMENT TO ANNUITIES PAYABLE 17,411. FORM 990, PART V, LINE 2A-B A RELATED ORGANIZATION PAYS THE EMPLOYEES OF THE KIRKWOOD COMMUNITY COLLEGE FOUNDATION (KCCF) AND IS RESPONSIBLE FOR FILING ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS, THEREFORE, KCCF REPORTS ZERO ON LINE 2A AND BLANK ON LINE 2B. THE COMPENSATION IN PART VII, SECTION A, REPRESENTS THE AMOUNTS PAID FOR SERVICES PROVIDED TO BOTH KCCF AND A RELATED ORGANIZATION. KIRKWOOD COMMUNITY COLLEGE 6301 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 420924685 IA 0 KIRKWOOD FACILITIES FOUNDATION 6301 KIRKWOOD BLVD SW CEDAR RAPIDS IA 52404 237050293 IA 501(C)(3) LINE 12A, I KIRKWOOD COMMUNITY COLLEGE 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 KIRKWOOD COMMUNTIY COLLEGE B 894858 FMV KIRKWOOD COMMUNITY COLLEGE C 2037466 FMV KIRKWOOD COMMUNITY COLLEGE O 620727 FMV KIRKWOOD COMMUNITY COLLEGE D 1704770 FMV KIRKWOOD COMMUNITY COLLEGE E 198292 FMV KIRKWOOD COMMUNITY COLLEGE L 152443 FMV