2026-04-15T09:52:08-05:00 2025-05-31 232226550 MMQ & ASSOCIATES PC 1173 CLAY AVENUE SCRANTON PA 18510 990 2024-06-01 232732238 BBC FOUNDATION INC BBCF 5705859407 PO BOX 256 CLARKS SUMMIT PA 18411 JAMES LYTLE TRUSTEE 5705859407 2026-04-15 1 1 MARY ANN NOVAK CPA P01056330 5709610345 2026-04-15 2024 2025-03-06 01:10:19Z JAMES LYTLE PO BOX 256 CLARKS SUMMIT PA 18411 2667545 0 X WWW.BBCFOUNDATION.ORG X 1992 PA RAISE FUNDS FOR RELATED UNIVERSITY. 3 2 0 0 0 0 67212 0 0 0 203212 320283 6487 25098 276911 345381 267531 0 0 0 0 0 0 0 0 52844 115142 320375 115142 -43464 230239 6166541 6726228 3828271 3998860 2338270 2727368 PROVIDING STEWARDSHIP OPPORTUNITIES THROUGH PLANNED GIVING, ESTATES, AND GIFTS FOR THE BENEFIT OF CLARKS SUMMIT UNIVERSITY. 0 0 91143 RAISE FUNDS AND MANAGE ENDOWMENTS FOR RELATED UNIVERSITY. 91143 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X BBC FOUNDATION INC 5705859608 538 VENARD ROAD CLARKS SUMMIT PA 18411 X TOM BENEFIEL BOARD MEMBER 1.00 X 0 0 0 JAMES LYTLE BOARD MEMBER 5.00 X 0 0 0 RANDY CARMAN BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 142925 142925 2499522 2322164 177358 177358 177358 MISCELLANEOUS 611710 25098 25098 25098 345381 25098 0 320283 INTEREST-REVOCABLE DEPO 91143 91143 INVESTMENT AND BANK FEE 23999 23999 115142 91143 23999 0 16339 32242 239671 4663570 3260045 1246961 3433941 6166541 6726228 5800 693154 1500000 1500000 2322471 1805706 3828271 3998860 X -243896 145202 2582166 2582166 2338270 2727368 6166541 6726228 X 230239 213423 -54564 X X 0 1 X 1 0 X X 1 CLARKS SUMMIT UNIVERSITY 150543962 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2495986 233332 679903 2049415 2611930 6307 421228 543479 2495986 2638650 144578 -91132 80166 2611930 2852004 53000 -164943 101411 2638650 2424273 4472 497134 73875 2852004 0 0 0 RECEIVABLE FROM AFFILIATE 3433941 3433941 REVOCABLE DEPOSIT GIFT AGREEMENTS 806889 ANNUITIES PAYABLE 233920 ASSETS HELD FOR AFILLIATES 477083 ASSETS HELD FOR BENEFICIARIES 256202 ASSETS HELD FOR OTHER REMAINDERMEN 31612 1805706 X 558804 213423 213423 345381 0 345381 115142 0 115142 0 115142 PART X, LINE 2: IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, 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. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE MAY 31, 2021. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION SENDS THE DRAFT 990 RETURN TO ALL TRUSTEES BY ELECTRONIC MEANS. AN EMAIL VOTE APPROVING THE 990 OCCURS PRIOR TO THE SUBMISSION DEADLINE OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST STATEMENT ANNUALLY. SIGNED COPIES ARE ON FILE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ACTUARIAL GAIN (LOSS) ON ANNUITIES AND LIFE INCOME TRUST -54,564. FORM 990, PART XII - LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS AUDITOR OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. CLARKS SUMMIT UNIVERSITY 538 VENARD ROAD CLARKS SUMMIT PA 18411 150543962 PROVIDES UNDERGRADUATE, GRADUATE, AND SEMINARY DEGREE PROGRAMS. PA 501(C)(3) 509(A)(1) 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 CLARKS SUMMIT UNIVERSITY P FAIR MARKET VALUE