2025-10-03T13:09:52-04:00 2025-03-31 591152714 BERMAN HOPKINS WRIGHT LAHAM CPAS & ASSOC 8035 SPYGLASS HILL RD MELBOURNE FL 329407984 990 2024-04-01 237442785 VALENCIA COLLEGE FOUNDATION INC VALE 4075823150 1800 SOUTH KIRKMAN ROAD ORLANDO FL 32811 OSCAR CRISTANCHO FOUNDATION CFO 4075823319 2025-09-15 true true ABBEY K REDDEN CPA P00189512 3217572020 2025-10-02 2024 2025-03-06 01:10:19Z CARLEE THOMAS 1800 SOUTH KIRKMAN ROAD ORLANDO FL 32811 25392818 false X WWW.VALENCIA.ORG X 1974 FL THE VALENCIA COLLEGE FOUNDATION ADVANCES AND SERVES THE VALENCIA COLLEGE COMMUNITY THROUGH PARTNERSHIPS AND PHILANTHROPY. 36 35 0 62 0 5165722 4987545 1 1 6053889 11445257 161164 125001 11380776 16557804 6536813 5077848 0 1113411 1166958 0 392679 1343092 1364287 8993316 7609093 2387460 8948711 114551094 117634301 619936 576289 113931158 117058012 THE VALENCIA COLLEGE FOUNDATION ADVANCES AND SERVES THE VALENCIA COLLEGE COMMUNITY THROUGH PARTNERSHIPS AND PHILANTHROPY. false false THE FOUNDATION SUPPORTS THE ACTIVITIES OF VALENCIA COLLEGE BY MAKING DIRECT CONTRIBUTIONS TO THE COLLEGE. THE FOUNDATION'S GUIDING PRINCIPLES INCLUDE THE FOLLOWING: (1) TO STEWARD THE RESOURCES ENTRUSTED TO OUR CARE (2) TO MAKE ENHANCEMENTS OF STUDENT LEARNING THE CENTER OF OUR WORK (3) TO PROVIDE OPPORTUNITIES TO INDIVIDUALS WHO MIGHT NOT OTHERWISE BE ABLE TO ATTEND COLLEGE (4) TO INVEST WISELY AND CONSERVATIVELY (5) TO PARTNER WITH THE COLLEGE TO MEET ITS MISSION IN THE COMMUNITY (6) TO COMMUNICATE OPENLY, FREQUENTLY AND HONESTLY WITH OUR CONSTITUENTS (7) TO HONOR THE PRIVACY OF OUR DONORS AND FRIENDS (8) TO ENSURE WE MEET BOTH THE LETTER AND THE SPIRIT OF THE LAWS THAT GOVERN OUR WORK. 3325266 2977848 1 THE FOUNDATION DISBURSED 2.9 MILLION IN SCHOLARSHIPS TO STUDENTS OF VALENCIA COLLEGE. THE MAJORITY OF THE SCHOLARSHIPS AWARDED ARE FUNDED BY DONATIONS FROM ORGANIZATIONS AND INDIVIDUALS INTERESTED IN SUPPORTING STUDENTS THROUGH ENDOWED SCHOLARSHIP FUNDS OR GIFTS FOR IMMEDIATE USE. 2100000 2100000 THE FOUNDATION ALSO HELPS TO ELEVATE VALENCIA COLLEGE BY SEEKING FUNDING FOR A VARIETY OF ACADEMIC INITIATIVES AND PROGRAMS. THROUGH DONOR SUPPORT, THE FOUNDATION DISBURSED 2.1 MILLION TO THE COLLEGE THIS YEAR FOR ACADEMIC ENHANCEMENTS. 5425266 true true false true false false false false false true true true false false false true true false false false false false false false true false false true false true false false false false false false false false false false false false false true false false false true 3 0 0 false false false false false true true false false false false false false false false X 36 35 false false false false false false false true true false false true true true true true true true true false FL X X CARLEE THOMAS 4075823150 1800 SOUTH KIRKMAN ROAD ORLANDO FL 32811 ANGELA MENDOLARO AVP, MAJOR G 40.00 0.00 X 0 155420 83018 OSCAR CRISTANCHO FOUNDATION C 8.00 40.00 X 0 184417 53353 KATHERINE FAGAN DIR. OF ACCO 40.00 0.00 X 0 108146 35670 CARLEE THOMAS EXECUTIVE DI 40.00 0.00 X 0 86313 34216 VICKI PUGH INTERIM EXEC 13.00 0.00 X 0 31500 0 JANICE ABREW-CORIANO MEMBER 1.00 0.00 X 0 0 0 ROBERT AGRUSA MEMBER 1.00 0.00 X 0 0 0 WAYMON ARMSTRONG MEMBER 1.00 0.00 X 0 0 0 SHARON ARROYO MEMBER 1.00 0.00 X 0 0 0 IRIS ARTZE-VEGA EX-OFFICIO V 1.00 0.00 X 0 0 0 DAVID BERELSMAN BOARD SECRET 1.00 0.00 X X 0 0 0 STEVEN BURRISS MEMBER 1.00 0.00 X 0 0 0 ALAN BYRD BOARD CHAIR 1.00 0.00 X X 0 0 0 BRUCE CARLSON MEMBER 1.00 0.00 X 0 0 0 DAVE COLLIER MEMBER 1.00 0.00 X 0 0 0 KARI CONLEY MEMBER 1.00 0.00 X 0 0 0 STEVEN DAVIS MEMBER 1.00 0.00 X 0 0 0 PATRICIA J ENGFER AUDIT CHAIR 1.00 0.00 X 0 0 0 JENNIFER ENGLERT MEMBER 1.00 0.00 X 0 0 0 CAROLYN M FENNELL MEMBER 1.00 0.00 X 0 0 0 K SUE FOREMAN MEMBER 1.00 0.00 X 0 0 0 DARREN HINSHAW MEMBER 1.00 0.00 X 0 0 0 JULIO C MARTINEZ JR MEMBER 1.00 0.00 X 0 0 0 MICHAEL NICHOLA JR MEMBER 1.00 0.00 X 0 0 0 RICHARD T MCCREE JR BOARD DEVELO 1.00 0.00 X 0 0 0 LISA MACON MEMBER 1.00 0.00 X 0 0 0 JOHN MARTINEZ EX-OFFICIO V 1.00 0.00 X 0 0 0 MARITZA MARTINEZ-GUERRERO MEMBER 1.00 0.00 X 0 0 0 DERRICK L MCRAE MEMBER 1.00 0.00 X 0 0 0 JEFF MOCK TREASURER/FI 1.00 0.00 X X 0 0 0 JOSHUA MURDOCK MEMBER 1.00 0.00 X 0 0 0 BROCK NICHOLAS MEMBER 1.00 0.00 X 0 0 0 DIANE O'DELL PAST BOARD C 1.00 0.00 X X 0 0 0 BRADLEY PIERCE MEMBER 1.00 0.00 X 0 0 0 ALEXANDER POREDA MEMBER 1.00 0.00 X 0 0 0 LEE K RAMBEAU MEMBER 1.00 0.00 X 0 0 0 NORA RODRIGUEZ-PATTERSON MEMBER 1.00 0.00 X 0 0 0 TOUFIC SIMAAN MEMBER 1.00 0.00 X 0 0 0 LENNON CHIP TATUM MEMBER 1.00 0.00 X 0 0 0 SHERRI TORRES BOARD VICE C 1.00 0.00 X X 0 0 0 BRIAN WEBER MEMBER 1.00 0.00 X 0 0 0 CHRIS WHITNEY MEMBER 1.00 0.00 X 0 0 0 565796 206257 false true false 322497 4665048 4987545 BUILDING RENTAL INCOME 532000 1 1 1 10813671 10813671 9323506 8691920 631586 631586 631586 268095 143094 125001 16557804 1 11445257 5077848 5077848 881881 202833 414484 264564 121150 27864 56941 36345 98308 22611 46205 29492 65619 15092 30841 19686 47000 47000 82000 82000 398159 398159 225582 225582 4925 4925 80282 80282 11397 11397 98857 98857 23743 23743 OTHER OPERATING EXPENSES 267732 267732 COLLEGE AND COMMUNITY 79018 79018 DONOR RECOGNITION 42592 42592 COMMUNITY RELATIONS 3000 3000 7609093 5425266 1791148 392679 555571 995684 895625 1452632 160971 171352 4862630 2436094 2603062 2603062 2603062 94572086 97939509 10817579 11918040 83570 117928 114551094 117634301 448063 469986 82331 106303 89542 619936 576289 X 16836409 17028270 97094749 100029742 113931158 117058012 114551094 117634301 X 8948711 -3474509 -2321856 -25492 X false true X true X 2278797 4273893 4290956 5165722 4987545 20996913 325608 325608 371627 1022843 2604405 4599501 4662583 5165722 4987545 22019756 22019756 3267217 8901421 5505411 5392064 10813671 33879784 55899540 2342564 0.39390 0.43750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 82000 82000 false SCHEDULE C, PART II-B, LINE 1 VALENCIA COLLEGE FOUNDATION CONTRACTED WITH AN OUTSIDE FIRM TO PROVIDE GOVERNMENT RELATIONS/LOBBYING SERVICES ON BEHALF OF THE FOUNDATION. 80065659 467570 11818090 1115854 227275 1647189 89361002 83702462 245655 12463239 1455550 318745 1999348 92637713 91586993 209709 -4420018 1323194 288208 2052799 83702462 88705021 198244 5875558 1158555 577529 1455746 91586993 66035930 333565 25065976 1301593 173922 1254935 88705021 0.01980 0.43080 0.54940 false false 2603062 2603062 2603062 SEI STRUCTURED CORE PROPERTY LP 5777546 F SEI STRUCTURED CREDIT FUND, LP 4923081 F SEI GLOBAL PRIVATE ASSETS VI, LP 985255 F SEI ENERGY DEBT FUND, LP 232158 F 11918040 X 12802738 -3474509 117602 -3356907 16159645 398159 398159 16557804 7354028 143094 143094 7210934 398159 398159 7609093 SCHEDULE D, PAGE 2, PART V, LINE 4 THE FOUNDATION'S PRINCIPLE FUNCTION IS TO RECEIVE, HOLD, INVEST AND ADMINISTER CHARITABLE CONTRIBUTIONS FOR VALENCIA COLLEGE. FUNDS CLASSIFIED AS PERMANENTLY RESTRICTED REPRESENT THE NONEXPENDABLE PORTION OF THE FUNDS THAT ARE INVESTED IN PERPETUITY. THE FUNDS ARE USED ACCORDING TO DONOR STIPULATIONS FOR SCHOLARSHIPS AND ACADEMIC PROGRAM SUPPORT. SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN OTHER-THAN-PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE AND FROM STATE INCOME TAXES UNDER SIMILAR PROVISIONS OF THE FLORIDA INCOME TAX CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IDENTIFIES AND EVALUATES UNCERTAIN TAX POSITIONS, IF ANY, AND RECOGNIZES THE IMPACT OF UNCERTAIN TAX POSITIONS FOR WHICH THERE IS A LESS THAN MORE-LIKELY-THAN-NOT PROBABILITY OF THE POSITION BEING UPHELD WHEN REVIEWED BY THE RELEVANT TAXING AUTHORITY. SUCH POSITIONS ARE DEEMED TO BE UNRECOGNIZED TAX BENEFITS AND A CORRESPONDING LIABILITY IS ESTABLISHED ON THE STATEMENTS OF FINANCIAL POSITION. THE FOUNDATION HAS NOT RECOGNIZED A LIABILITY FOR UNCERTAIN TAX POSITIONS. IF THERE WERE AN UNRECOGNIZED TAX BENEFIT, THE FOUNDATION WOULD RECOGNIZE INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THE FOUNDATION'S OPEN TAX YEARS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE GENERALLY REMAIN OPEN FOR THREE YEARS FROM THE DATE OF FILING. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN VALUE OF FLORIDA PREPAID TUITION SCHOLARSHIPS -25,492 FUNDRAISING EXPENSES 143,094 SCHEDULE D, PAGE 4, PART XI, LINE 4B EXPENSES INCLUDED WITH REVENUE ON AUDITED FINANCIALS 398,159 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EXPENSES 143,094 SCHEDULE D, PAGE 4, PART XII, LINE 4B EXPENSES INCLUDED WITH REVENUE ON AUDITED FINANCIALS 398,159 RBB GALA 257917 257917 75785 39356 27953 257917 257917 75785 39356 27953 143094 114823 true UNIVERSITY OF SOUTH FLORIDA 4202 E FOWLER AVENUE SVC 1102 TAMPA FL 33620 593102112 GOV 6000 SCHOLARSHIPS ROLLINS COLLEGE 1000 HOLT AVENUE - 2715 WINTER PARK FL 32789 590624440 501C3 17843 SCHOLARSHIPS UNIVERSITY OF CENTRAL FLORIDA 4000 CENTERAL FLORIDA BLVD ORLANDO FL 32816 592924021 GOV 52286 SCHOLARSHIPS VALENCIA COLLEGE PO BOX 3028 ORLANDO FL 32802 591216316 GOV 4890893 SCHOLARSHIPS/SUPPORT 4 SCHEDULE I, PAGE 1, PART I, LINE 2 VALENCIA COLLEGE FOUNDATION IS COMMITTED TO THE PRINCIPLE OF EQUAL OPPORTUNITY IN EDUCATION AND EMPLOYMENT. WE VALUE THE RICHNESS OF DIVERSITY IN ITS MANY FORMS AND RESPECT THE DIGNITY OF EACH INDIVIDUAL. WE DO NOT PRACTICE UNLAWFUL DISCRIMINATION ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, GENDER, SEXUAL ORIENTATION, RELIGIOUS CREED, DISABLING CONDITION, AGE OR MARITAL STATUS. OUR FOCUS IS TO SUPPORT VALENCIA COLLEGE'S MISSION, AS WE STRIVE TO UNLOCK ACCESS TO LEARNING FOR STUDENTS OF ALL BACKGROUNDS. WE STEWARD THE RESOURCES ENTRUSTED TO OUR CARE, AND MAKE ENHANCEMENT OF STUDENT LEARNING THE CENTER OF OUR WORK. THE FOUNDATION PROVIDES OPPORTUNITIES TO INDIVIDUALS WHO MIGHT NOT OTHERWISE BE ABLE TO ATTEND COLLEGE. WE INVEST WISELY AND CONSERVATIVELY. WE COMMUNICATE OPENLY, FREQUENTLY AND HONESTLY WITH OUR CONSTITUENTS. WE HONOR THE PRIVACY OF OUR DONORS AND FRIENDS. X X false false false false false false false false false ANGELA MENDOLARO AVP, MAJOR GIFTS 155420 73164 9854 238438 OSCAR CRISTANCHO FOUNDATION CFO 184417 36818 16535 237770 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO AND CFO, AND THEN REVIEWED BY THE AUDIT COMMITTEE WITH THE CPA FIRM. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY DISTRIBUTING THE POLICY FOR REVIEW TO THE BOARD OF DIRECTORS ANNUALLY. EACH MEMBER COMPLETES AN INDIVIDUAL CONFLICT OF INTEREST STATEMENT THAT IS REVIEWED BY THE INTERIM EXECUTIVE DIRECTOR FOUNDATION AND, IF NEEDED, THE EXECUTIVE COMMITTEE. BOARD MEMBERS ARE NOT ELIGIBLE TO PARTICIPATE IN ANY PROPOSAL REQUESTS FOR SERVICES SUCH AS INVESTMENTS, AUDITING, ETC. IF A CONFLICT ARISES, THEN THAT MEMBER NOTES THEIR CONFLICT AND DOES NOT PARTICIPATE IN ANY DISCUSSION AND/OR VOTE. IF NECESSARY, A BOARD MEMBER MAY BE REQUIRED TO RESIGN. FORM 990, PAGE 6, PART VI, LINE 15A THERE ARE NO COMPENSATION OF THE FOUNDATION'S PRINCIPAL OFFICER OUTSIDE OF THE ANNUAL PERCENTAGE RATE INCREASE FOR ALL EMPLOYEES. IF THIS SITUATION ARISES THEN IT WILL BE REVIEWED BY THE EXECUTIVE COMMITTEE AND FINAL APPROVAL FROM THE COLLEGE PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 15B THERE ARE NO COMPENSATION OF THE FOUNDATION'S PRINCIPAL OFFICER OUTSIDE OF THE ANNUAL PERCENTAGE RATE INCREASE FOR ALL EMPLOYEES. IF THIS SITUATION ARISES THEN IT WILL BE REVIEWED BY THE EXECUTIVE COMMITTEE AND FINAL APPROVAL FROM THE COLLEGE PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN VALUE FL PREPAID TITUITION -25,492 VALENCIA COLLEGE PO BOX 3028 ORLANDO FL 32802 591216316 EDUCATION FL GOVERN N/A false false false false false false false false false false true false false false false true true false false false VALENCIA COLLEGE P 758920 VALENCIA COLLEGE O 339128