2025-11-12T16:10:55-06:00 2025-06-30 392519050 ELLIOTT DAVIS ADVISORY LLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2024-07-01 570699317 TRIDENT TECHNICAL COLLEGE FOUNDATION INC TRID 8435746195 PO BOX 61227 CHARLESTON SC 294191227 LISA PICCOLO EXECUTIVE DIRECTOR 8435746195 2025-11-06 1 1 JANICE A RATICA P00358837 7043338881 2025-10-21 2024 2025-03-06 01:10:19Z LISA PICCOLO PO BOX 61227 CHARLESTON SC 294191227 2704557 0 X WWW.TRIDENTTECH.EDU/SUPPORTING_TTC.HTM X 1975 SC THE TRIDENT TECHNICAL COLLEGE FOUNDATION ADVOCATES AND RAISES FUNDS FOR THE COLLEGE TO SUPPORT THE REGION'S ECONOMY BY FOSTERING LOCAL BUSINESS RELATIONSHIPS AND CREATING AWARENESS OF TTC'S MISSION. ADDITIONALLY, THE FOUNDATION PROVIDES SCHOLARSHIPS TO STUDENTS, CLASSROOM EQUIPMENT AND MATERIALS TO FACULTY/STAFF AND ENCOURAGES AND PROMOTES PROFESSIONAL DEVELOPMENT TO FACULTY/STAFF THROUGH TUITION AND CREDIT COURSE ASSISTANCE. THE FOUNDATION OPERATES INDEPENDENTLY OF THE COLLEGE AS A 501 (C)(3) NON-PROFIT CORPORATION. 55 55 0 581 0 0 2989852 1950786 0 0 192169 627096 -97132 -92734 3084889 2485148 884252 1046466 0 0 0 0 0 0 49432 527070 526593 1411322 1573059 1673567 912089 21498638 23557659 201634 204183 21297004 23353476 X ESTABLISHED IN 1975, THE TRIDENT TECHNICAL COLLEGE FOUNDATION EXISTS TO ADVOCATE AND RAISE FUNDS FOR THE COLLEGE TO SUPPORT THE REGION'S ECONOMY. THE FOUNDATION OPERATES INDEPENDENTLY OF THE COLLEGE AS A 501(C)(3) NONPROFIT CORPORATION. 0 0 512766 512766 STUDENT SCHOLARSHIPS:THE FOUNDATION MADE SCHOLARSHIP AWARDS TO 545 AND 476 STUDENTS, TOTALING $512,766 AND $466,717 IN THE YEARS ENDED JUNE 30, 2025 AND 2024, RESPECTIVELY. SCHOLARSHIPS HELP OFFSET THE COST OF TUITION, FEES, BOOKS, CHILDCARE, AND TRANSPORTATION FOR ELIGIBLE STUDENTS. THE SCHOLARSHIP FUNDS, SUPPORTED BY INDIVIDUALS, BUSINESSES, AND OTHER FOUNDATIONS, ARE COMPETITIVE AND BASED ON CRITERIA ESTABLISHED BY THE DONORS AND THE FOUNDATION. AS OF JUNE 30, 2025, THE FOUNDATION ADMINISTERED A TOTAL OF 153 SCHOLARSHIP FUNDS, 47 OF WHICH ARE PERMANENTLY RESTRICTED. AS OF JUNE 30, 2024, THE FOUNDATION ADMINISTERED A TOTAL OF 152 SCHOLARSHIP FUNDS, 46 OF WHICH ARE PERMANENTLY RESTRICTED. 20751 20751 TUITION ASSISTANCE/CREDIT COURSE REIMBURSEMENT PROGRAMS:THE FOUNDATION PROVIDES FINANCIAL SUPPORT, UP TO AN ANNUALLY BUDGETED AMOUNT, FOR FULL-TIME PERMANENT EMPLOYEES OF THE COLLEGE TO TAKE CREDIT OR CONTINUING EDUCATION COURSES AT THE COLLEGE OR OTHER ACCREDITED INSTITUTIONS OF HIGHER EDUCATION. ALL PROGRAMS ARE BASED ON THE AVAILABILITY OF FUNDS. FOR THE FISCAL YEARS ENDED JUNE 30, 2025 AND 2024, $20,751 AND $14,487 WERE AWARDED AS PART OF THESE PROFESSIONAL DEVELOPMENT PROGRAMS, RESPECTIVELY. 9504 9504 STUDENT URGENT NEEDS FUND:THE STUDENT URGENT NEEDS FUND WAS CREATED TO ASSIST STUDENTS IN GOOD STANDING WHO EXPERIENCE AN UNFORESEEN FINANCIAL EMERGENCY WHICH WOULD OTHERWISE PREVENT THEM FROM CONTINUING TO ATTEND THE COLLEGE. STUDENTS MUST MEET ALL ELIGIBILITY REQUIREMENTS AND RECEIVE APPROVAL FROM THE SELECTION COMMITTEE. FOR THE FISCAL YEARS ENDED JUNE 30, 2025 AND 2024, $9,504 AND $9,694 WAS AWARDED IN STUDENT URGENT NEEDS FUNDING ASSISTANCE, RESPECTIVELY. 627567 503445 AWARDS AND PRIZES:THE FOUNDATION PROVIDES A VARIETY OF AWARDS AND PRIZES DESIGNED TO CELEBRATE OUTSTANDING ACHIEVEMENTS, INNOVATION, AND LEADERSHIP AMONG COLLEGE STUDENTS, FACULTY, AND STAFF. FOR THE FISCAL YEARS ENDED JUNE 30, 2025 AND 2024, $8,907 AND $9,300 IN AWARDS AND PRIZES WERE PROVIDED FROM THE FOUNDATION, RESPECTIVELY. 627567 503445 1170588 1 1 0 1 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 25 0 1 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 55 55 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X LISA PICCOLO 8435746195 7000 RIVERS AVE BLDG 900 CHARLESTON SC 29406 JIM ARMSTRONG FOUNDATION TRUSTEE 1.00 X 0 0 0 KARENA BELL FOUNDATION TRUSTEE 1.00 X 0 0 0 CARRIE BOVENDER FOUNDATION TRUSTEE 1.00 X 0 0 0 PAMELA J BROWNING FOUNDATION TRUSTEE 1.00 X 0 0 0 PATRICK BRYANT FOUNDATION TRUSTEE 1.00 X 0 0 0 CLAUS BUSCH FOUNDATION TRUSTEE 1.00 X 0 0 0 WILLIAM E CARVER III FOUNDATION TRUSTEE 1.00 X 0 0 0 ROBERT COLLINS FOUNDATION TRUSTEE 1.00 X 0 0 0 RUSSELL B CORBIN FOUNDATION TRUSTEE 1.00 X 0 0 0 STUART DAY FOUNDATION TRUSTEE 1.00 X 0 0 0 DAVID M ECHOLS FOUNDATION TRUSTEE 1.00 X 0 0 0 SHELLY S EICHER FOUNDATION TRUSTEE 1.00 X 0 0 0 WILLIAM A FINN FOUNDATION TRUSTEE 1.00 X 0 0 0 PAT FOSBERRY FOUNDATION TRUSTEE 1.00 X 0 0 0 KEVIN F FRANK FOUNDATION TRUSTEE 1.00 X 0 0 0 CHRIS B FRASER FOUNDATION TRUSTEE 1.00 X 0 0 0 DAVID T GINN FOUNDATION TRUSTEE 1.00 X 0 0 0 JAMES GREEN FOUNDATION TRUSTEE 1.00 X 0 0 0 WILLIAM C HUDSON FOUNDATION TRUSTEE 1.00 X 0 0 0 ANTHONY JACKSON FOUNDATION TRUSTEE 1.00 X 0 0 0 HAROLD W JONES FOUNDATION TRUSTEE 1.00 X 0 0 0 B T KAYS FOUNDATION TRUSTEE 1.00 X 0 0 0 MARK A LATTANZIO FOUNDATION TRUSTEE 1.00 X 0 0 0 PETER O LEHMAN FOUNDATION TRUSTEE 1.00 X 0 0 0 ANDREA LIMEHOUSE FOUNDATION TRUSTEE 1.00 X 0 0 0 BARBARA R NWOKIKE FOUNDATION TRUSTEE 1.00 X 0 0 0 ANTHONY H POPE FOUNDATION TRUSTEE 1.00 X 0 0 0 SPENCER PRYOR FOUNDATION TRUSTEE 1.00 X 0 0 0 JOHN C RAMA FOUNDATION TRUSTEE 1.00 X 0 0 0 JEREMY ROSS FOUNDATION TRUSTEE 1.00 X 0 0 0 KEVIN ROURK FOUNDATION TRUSTEE 1.00 X 0 0 0 MICHAEL C SCARAFILE FOUNDATION TRUSTEE 1.00 X 0 0 0 ROBERT C SEIDLER FOUNDATION TRUSTEE 1.00 X 0 0 0 GINA T SHULER FOUNDATION TRUSTEE 1.00 X 0 0 0 JEFF S SPICER FOUNDATION TRUSTEE 1.00 X 0 0 0 HARRY L STALEY FOUNDATION TRUSTEE 1.00 X 0 0 0 ALLISON D STONEY FOUNDATION TRUSTEE 1.00 X 0 0 0 STEVE STRICKLAND FOUNDATION TRUSTEE 1.00 X 0 0 0 STUART D WHITESIDE FOUNDATION TRUSTEE 1.00 X 0 0 0 ALVIN WILLIAMS FOUNDATION TRUSTEE 1.00 X 0 0 0 DANIEL ZARRILLO FOUNDATION TRUSTEE 1.00 X 0 0 0 SAMUEL STEINBERG FOUNDATION TRUSTEE EMERITUS 1.00 X 0 0 0 DAVID B YARBOROUGH FOUNDATION TRUSTEE EMERITUS 1.00 X 0 0 0 AUGUST J BATLA FOUNDATION TRUSTEE EMERITUS 1.00 X 0 0 0 RICHARD K GREGORY FOUNDATION TRUSTEE EMERITUS 1.00 X 0 0 0 THOMAS A MAYBERRY FOUNDATION TRUSTEE EMERITUS 1.00 X 0 0 0 JAMES C MURRAY FOUNDATION TRUSTEE EMERITUS 1.00 X 0 0 0 GIAMPIERO DIMINICH CHAIR 2.00 X X 0 0 0 DAWN H ROBINSON VICE CHAIR 2.00 X X 0 0 0 TAMMY L COGHILL IMM. PAST CHAIR AND NOMINATING COMMITTEE CHAIR 2.00 X X 0 0 0 MARY R GRAHAM ADVOCACY COMMITTEE CHAIR 2.00 X X 0 0 0 DEB CAMPEAU DEVELOPMENT/FRIENDRAISING 2.00 X X 0 0 0 RON JONES GOVERNANCE CHAIR 2.00 X X 0 0 0 ROBERT M BALDWIN TREASURER, INVEST. COM. CH 2.00 X X 0 0 0 MELVIN C WILLIAMS AT-LARGE 2.00 X X 0 0 0 LISA PICCOLO SECRETARY 40.00 X 12540 0 0 12540 0 0 0 0 0 0 0 514983 1435803 1950786 373202 373202 253894 0 253894 253894 253894 126675 514983 219409 -92734 -92734 2485148 0 0 534362 X 1046466 1046466 7993 7993 58848 58848 243900 100000 143900 8329 8329 7367 7367 ADMIN/FACILITIES REIMBU 102898 24122 30604 48172 OTHER EXPENSES 52261 51001 1260 DUES & MEETINGS 44997 44997 1573059 1170588 353039 49432 678055 474103 250524 52591 3843277 3478085 19636 30154 16707146 19522726 21498638 23557659 201634 204183 201634 204183 X 5935085 7065936 15361919 16287540 21297004 23353476 21498638 23557659 912089 1104823 39560 0 X X 0 1 X 1 0 X 2512101 1350592 1779265 2989852 1950786 10582596 2512101 1350592 1779265 2989852 1950786 10582596 3119758 7462838 310368 413414 758585 130743 373202 1986312 158649 -11437 -16057 -97132 -92734 -58711 12510197 0.59650 0.63640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 7993 0 0 0 7993 0 PART II-B, LINE 1: FUNDS USED TO REPRESENT THE INTERESTS OF TRIDENT TECHNICAL COLLEGE AND ITS STUDENTS. 6381089 249473 538110 165982 7002690 5474920 295342 746160 135333 6381089 4992970 277509 341773 137332 5474920 5557112 190130 -610291 143981 4992970 4455944 128705 1104963 132500 5557112 0.00000 0.50373 0.49627 0 0 0 FIXED INCOME 1709072 F MONEY MARKET 2710299 F EQUITIES 11574508 F REAL ESTATE FUNDS/REITS 1590547 F ALTERNATIVE INVESTMENTS 1938300 F 19522726 X 3570683 1104823 39560 1144383 2426300 58848 58848 2485148 1514211 0 1514211 58848 58848 1573059 PART V, LINE 4: THE INTEREST EARNED ON ENDOWED FUNDS HELPS SUPPORT PROGRAM-RELATED COSTS, PRIMARILY SCHOLARSHIPS. ENDOWED FUNDS ALSO SHOW THAT DONORS TRUST THE ORGANIZATION AND BELIEVE IN THE LONGEVITY OF THE FOUNDATION. PART X, LINE 2: MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE FOR THE YEARS ENDED JUNE 30, 2025 . A NIGHT IN THE VALLEY 587972 477722 110250 187023 BUBBLES & BLINGO 53686 37261 16425 32386 641658 514983 126675 219409 219409 -92734 1 TRIDENT TECHNICAL COLLEGE PO BOX 118067 CHARLESTON SC 29423 570440170 115 1046466 0 TO PROVIDE PROGRAM ASSISTANCE TO THE COLLEGE. 1 0 PART I, LINE 2: THE FOUNDATION MAINTAINS DOCUMENTATION ON GRANTS MADE TO THE COLLEGE. FURTHER, THE FOUNDATION IS INVOLVED IN THE PROCESS OF AWARDING SCHOLARSHIPS. SCHOLARSHIPS ARE ELECTRONICALLY APPLIED FOR BY EACH INDIVIDUAL STUDENT. THE COMPUTER SYSTEM COMPARES THE DATA PER THE APPLICATION TO THE SCHOLARSHIP CRITERIA AND IDENTIFIES THE QUALIFIED APPLICANTS. A COMMITTEE THEN REVIEWS THE SELECTION OF STUDENTS WHO HAVE QUALIFIED FOR EACH SCHOLARSHIP AND SELECTS THE RECIPIENTS. THE MONEY FOR EACH SCHOLARSHIP IS APPLIED TO THE STUDENTS' ACCOUNTS. PATRICK BRYANT FOUNDATION TRUSTEE 6240 PATRICK BRYANT IS A PARTNER IN EVENT.GIVES INC., A FUNDRAISING PLATFORM COMPANY. THE TRANSACTION WAS AT FAIR MARKET VALUE AND WAS NEGOTIATED AT ARM'S LENGTH TO PROVIDE EVENT SOFTWARE AND SUPPORT FOR A NIGHT IN THE VALLEY FUNDRAISING EVENT. 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS AND APPROVES THE 990 PRIOR TO ITS RELEASE, AND THEN IT IS MADE AVAILABLE TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH IS MONITORED REGULARY. IN THE EVENT THAT A POTENTIAL CONFLICT SHALL ARISE DURING THE YEAR, THE INTERESTED TRUSTEE SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND/OR VOTE. FORM 990, PART VI, SECTION B, LINE 15 ALL EMPLOYEES WHO PERFORM SERVICES FOR THE FOUNDATION ARE EMPLOYED BY TRIDENT TECHNICAL COLLEGE, A STATE INSTITUTION. THERFORE, COMPENSATION IS SET AND LIMITED BY STATE LAW. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G STIPEND: PROGRAM SERVICE EXPENSES 100,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,000. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 143,900. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 143,900. FORM 990, PART XII, LINE 2C THE FOUNDATION HAS AN AUDIT COMMITTEE THAT ASSUMES THE RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.