2025-05-14T15:01:19-04:00 2024-06-30 Connie Christiansen CPA PO Box 33875 Reno NV 89533 990 2023-07-01 880185319 TRUCKEE MEADOWS COMMUNITY COLLEGE FOUNDATION TRUC 7000 DANDINI BLVD RDMT 200-I Reno NV 895123999 Gretchen Sawyer Executive Direc 7756747586 2025-05-12 false true Connie Christiansen P00398106 7754134084 2025-05-14 X 2023 2025-03-06 01:10:19Z 3064746 false X www.tmcc.edu/foundation X 1982 NV THE FOUNDATION SUPPORTS TMCC BY CULTIVATING RELATIONSHIPS WITH ALUMNI, DONORS, AND BUSINESSES TO GENERATE FINANCIAL SUPPORT FOR COLLEGE PROGRAMS AND STUDENT SCHOLARSHIPS, BUILD SUSTAINING ENDOWMENT FUNDS, AND LEAD CAPITAL EXPANSION TO DEVELOP A THRIVING STATE-OF-THE-ART CAMPUS. 14 14 0 0 0 2280318 2786468 0 139716 278278 0 2420034 3064746 2990512 3231040 0 0 0 48308 138398 135208 3128910 3366248 -708876 -301502 7352264 7062135 564709 350549 6787555 6711586 THE FOUNDATION SUPPORTS TMCC BY CULTIVATING RELATIONSHIPS WITH ALUMNI, DONORS, AND BUSINESSES TO GENERATE FINANCIAL SUPPORT FOR COLLEGE PROGRAMS AND STUDENT SCHOLARSHIPS, BUILD SUSTAINING ENDOWMENT FUNDS, AND LEAD CAPITAL EXPANSION TO DEVELOP A THRIVING STATE-OF-THE-ART CAMPUS. false false 1887003 1887003 THE FOUNDATION INCREASED THE ENDOWMENT FUNDS THAT PROVIDE ON-GOING SUPPORT FOR SCHOLARSHIPS AND FUNDED SCHOLARSHIPS AWARDED TO 710 STUDENTS FOR THE 2023/2024 ACADEMIC YEAR. 1344037 1344037 THE FOUNDATION PROVIDED SUPPORT TO TMCC FOR SPECIALIZED PROGRAMS AND CAPITAL CAMPAIGNS TO SUPPORT AND EXPAND CURRICULUM AND PROVIDE STUDENTS WITH TECHNICAL CERTIFICATIONS TO IMPROVE ACCESS TO EMPLOYMENT. MAJOR PROGRAM ACCOMPLISHMENTS DURING THE YEAR INCLUDE SUPPORT TO RENOVATE AND EXPAND THE VETERANS RESOURCE CENTER, ARCHITECTURE PROGRAM, FIRST-TIME COLLEGE STUDENT PROGRAMS, AND TO HELP SEEK ACCREDITATION FOR A BACHELORS DEGREE PROGRAM. 3231040 true true false true false false false false true false false false false true false true true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 8 0 true 0 false false false false false false false false false true false false false X 14 14 false false false false false false false true true false false true true true true true true false false false X THE ORGANIZATION 7756747648 7000 DANDINI BLVD RDMT 200-I Reno NV 89512 GRETCHEN SAWYER EXECUTIVE DIRECTOR 20.00 20.00 X 0 170209 54297 DANNY DELAVEAGA BOARD MEMBER 2.00 0.00 X 0 0 0 JEFF FRAME BOARD MEMBER 2.00 0.00 X 0 0 0 CHERYL LEWIS BOARD MEMBER 2.00 0.00 X 0 0 0 JESSICA MONTENEGRO BOARD MEMBER 2.00 0.00 X 0 0 0 SANDEEP RANDHAWA BOARD MEMBER 2.00 0.00 X 0 0 0 ZEINA RANDALL BOARD MEMBER 2.00 0.00 X 0 0 0 DAN LOFRESE BOARD MEMBER 2.00 0.00 X 0 0 0 KATY SIMON HOLLAND BOARD MEMBER 2.00 0.00 X 0 0 0 MINDY LOKSHIN PAST CHAIR 2.00 0.00 X 0 0 0 FRED ALTMANN BOARD MEMBER 2.00 0.00 X 0 0 0 GIGI CHISEL BOARD MEMBER 2.00 0.00 X 0 0 0 YANUS NELSON CHAIR 3.00 0.00 X X 0 0 0 MATT THORNTON VICE CHAIR 3.00 0.00 X X 0 0 0 RYAN COSTELLA TREASURER 3.00 0.00 X X 0 0 0 0 170209 54297 0 false true false 140781 2645687 88466 2786468 278278 278278 3064746 0 0 278278 3231040 3231040 38950 38950 16461 16461 3185 42 3143 9327 9327 Staffing support 44241 22120 22121 Host expenses & sponsorships 19044 19044 Bad debt and other expenses 4000 4000 3366248 3231040 86900 48308 23317 11420 5174943 4784064 1081300 885870 33000 35421 1500 30904 960469 1181957 77735 132499 7352264 7062135 486974 218050 77735 132499 564709 350549 X 841116 1083141 5946439 5628445 6787555 6711586 7352264 7062135 X -301502 225533 326719 -326719 X X false true X true false X X 1 Truckee Meadows Community Coll 886000024 2 true 2939158 88466 1 2939158 88466 true false false false false false false false false false false false false false false false false Power to regularly appoint Part IV Sect B line 1 THE PRESIDENT OF TRUCKEE MEADOWS COMMUNITY COLLEGE (COLLEGE) OVERSEES THE FOUNDATIONS OPERATIONS AND ALL STAFF, INCLUDING THE EXECUTIVE DIRECTOR, WHO ARE EMPLOYED BE THE COLLEGE. THE FOUNDATIONS OFFICES ARE LOCATED ON THE COLLEGE CAMPUS AND THE FOUNDATIONS DAY TO DAY OPERATIONS ARE EFFECTIVELY CONTROLLED BY THE COLLEGE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3366248 3366248 318312 79578 256733 329552 319851 318312 1224448 1836672 64183 82388 79963 79578 306112 459168 965525 221641 1187166 635369 330156 965525 688454 -53085 635369 578339 110115 688454 553290 25049 578339 0.99000 0.01000 false false DUE FROM ENDOWMENT FUNDS 132499 132499 DUE TO RESTRICTED FUND 132499 132499 3616998 225533 326719 552252 3064746 3064746 3692967 326719 326719 3366248 3366248 true Truckee Meadows Community College 7000 Dandini Blvd Reno NV 89512 886000024 1151 1683587 Scholarships Truckee Meadows Community College 7000 Dandini Blvd Reno NV 89512 886000024 1151 1255571 88466 Fair market value and appraisals Equipment to support College programs Specialized programs and faculty grants false false false false false false GRETCHEN SAWYER EXECUTIVE DIRECTOR 170209 54297 224506 X Educational Supplies 22 88466 Fair market value false true false Form 990 governing body review Part VI line 11 A COPY OF THE RETURN IS PROVIDED TO MANAGEMENT AND THE BOARD OF DIRECTORS OF TRUCKEE MEADOWS COMMUNITY COLLEGE FOUNDATION (FOUNDATION) FOR REVIEW EACH YEAR. Conflict of interest policy compliance Part VI line 12c BOARD MEMBERS HAVE A DUTY TO EXEMPT THEMSELVES FROM VOTING ON MATTERS WHERE THEY HAVE, OR MAY BE PERCEIVED AS HAVING, A CONFLICT OF INTEREST. SUCH EXEMPTIONS ARE RECORDED IN THE MEETING MINUTES. ANY BUSINESS RELATIONSHIP BETWEEN AN INDIVIDUAL (OR A COMPANY WHERE THE INDIVIDUAL IS AN OWNER OR PRINCIPAL) AND THE FOUNDATION, OUTSIDE OF OF THEIR RELATIONSHIP AS A BOARD MEMBER IS FORMALIZED IN WRITING AND APPROVED BY THE BOARD.THE FOUNDATION INVESTS FUNDS IN TWO NATIONAL FINANCIAL INSTITUTIONS IN WHICH CERTAIN BOARD MEMBERS ARE EMPLOYED. THE BOARD MEMBERS DO NOT RECEIVE ANY COMMISSIONS FROM THESE INVESTMENTS AND ABSTAIN FROM ANY VOTES RELATED TO INVESTMENT DECISIONS. Other officer or key employee compensation Part VI line 15b ALL FOUNDATION STAFF ARE EMPLOYED AND PAID BY TRUCKEE MEADOWS COMMUNITY COLLEGE. ACCORDINGLY, THE FOUNDATION DOES NOT DETERMINE COMPENSATION. Form 990 availability to public Part VI line 18 THE FOUNDATIONS FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST AND IS ALSO PUBLISHED ONLINE AT WWW.CANDID.ORG Governing documents etc available to public Part VI line 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATIONS BYLAWS AND BOARD MEETING MINUTES ARE AVAILABLE ON ITS WEBSITE. Audited by an independent accountant Part XII line 2b THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE ANNUAL FINANCIAL STATEMENT AUDIT. THERE HAS BEEN NO CHANGE IN THE PROCESSES FOR SELECTING THE INDEPENDENT AUDITORS AND APPROVING THE AUDIT REPORT. Explanation of other changes in net assets or fund balances Part XI line 9 NET POSITION WAS REDUCED $326,719 FOR DONATED SERVICES AND FACILITIES EXPENSES. Truckee Meadows Community College 7000 Dandini Blvd Reno NV 89512 886000024 Community College NV 1151 Nevada System of Higher Education false Nevada System of Higher Education 4300 S Maryland Pkwy Las Vegas NV 89119 886000024 Universities and Community College System NV 1151 N/A false false true true false false false false false false false false true false true true false true false false Truckee Meadows Community College b 3027627 Cash and fair value of equipment Nevada System of Higher Education b 203416 Cash invested for endowments Nevada System of Higher Education c 140781 Cash - spending allowance on endowments Truckee Meadows Community College l 2548522 Cash raised on behalf of TMCC Truckee Meadows Community College o 313447 Allocation of actual payroll activities Explanation of information on Schedule R PART V LINE 1(b) - THE COLLEGE IS PART OF THE NEVADA SYSTEM OF HIGHER EDUCATION (NSHE). ENDOWMENT FUNDS ARE TRANSFERRED TO NSHE FOR INVESTMENT PURPOSES. ALL ENDOWMENT FUNDS ARE FOR THE BENEFIT OF THE COLLEGE. PART V LINE 1(l) - THE FOUNDATION RAISES MONEY ON BEHALF OF THE COLLEGE, BUT DOES NOT RETAIN ANY COMMISSIONS OR RECEIVE ANY FEES FOR SUCH SERVICES.