2026-05-14T10:50:30-05:00 2025-06-30 363168081 SIKICH LLC 17335 GOLF PARKWAY SUITE 500 BROOKFIELD WI 53045 990 2024-07-01 371078407 REND LAKE COLLEGE FOUNDATION REND 6184375321 468 NORTH KEN GRAY PARKWAY INA IL 62846 AMY NEWELL DIRECTOR 6184375321 2026-05-14 1 1 AMANDA WHITE P01790293 2627549400 2026-05-11 2024 2025-03-06 01:10:19Z AMY NEWELL 468 NORTH KEN GRAY PARKWAY INA IL 62846 2872779 0 X HTTPS ://WWW.RLC.EDU/FOUNDATION X 1979 IL TO AWARD SCHOLARSHIPS TO STUDENTS ATTENDING REND LAKE COLLEGE AND ENHANCE THE CULTURAL CONTRIBUTIONS OF THE COLLEGE TO STUDENTS AND AREA RESIDENTS. 16 16 0 21 0 0 1594384 647223 0 0 357215 510386 40514 38079 1992113 1195688 244756 363174 0 0 0 0 0 0 70344 149562 194378 394318 557552 1597795 638136 9629084 10499118 120657 32579 9508427 10466539 X REND LAKE COLLEGE FOUNDATION (RLC FOUNDATION) EXISTS FOR THE PURPOSE OF STIMULATING MAJOR VOLUNTARY PRIVATE SUPPORT FROM ALUMNI, RETIREES, FRIENDS, CORPORATIONS, FOUNDATIONS, AND OTHERS TO THE BENEFIT OF REND LAKE COLLEGE (RLC). RLC FOUNDATION STRIVES TO USE CURRENT ASSETS AND ACQUIRE ADDITIONAL ASSETS FOR IDENTIFIED AREAS OF NEED AS OUTLINED BY THE COLLEGE AND TO ACT IN A FIDUCIARY CAPACITY IN ADMINISTERING THESE ASSETS FOR THE GOOD OF RLC, ITS STUDENTS, AND THE COMMUNITY IT SERVES. RLC FOUNDATION WILL RAISE FUNDS IN ORDER TO UNDERTAKE THE FOLLOWING ACTIVITIES: HOUSE AND ADMINISTER THE RLC STUDENT SCHOLARSHIP PROGRAM, BUILD ENDOWMENTS, ASSIST WITH RLC CAPITAL DEVELOPMENT PROJECTS, SUPPORT RLC EDUCATIONAL PROGRAMS, AND PROVIDE RECOGNITION OPPORTUNITIES. 0 0 363174 363174 0 SCHOLARSHIPS: RLC FOUNDATION RAISES MONEY FOR RLC STUDENT SCHOLARSHIPS. WE WORK WITH COMMUNITY MEMBERS, CORPORATIONS, BUSINESSES AND ORGANIZATIONS TO START ANNUAL AND ENDOWMENT SCHOLARSHIPS. SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO ARE ENROLLED AT RLC. IT IS AN ONGOING PROGRAM THAT RLC FOUNDATION IS CONSTANTLY SOLICITING DONORS FOR SCHOLARSHIPS ALL YEAR LONG. 10928 0 0 RLC FOUNDATION ANNUAL GOLF OUTING: THE RLC FOUNDATION ANNUAL GOLF OUTING IS THE BIGGEST FUNDRAISER OF THE YEAR. WE RAISE MONEY THROUGH SPONSORSHIPS OF GOLF HOLES, GOLF CARTS, EVENT SPONSORS, CORPORATE SPONSORS, TEAM SPONSORS, AND GENERAL DONATIONS. THIS EVENT MAKES IT POSSIBLE FOR US TO PAY SOME OF OUR OPERATING EXPENSES. 15968 0 0 THE GAME PLAN CAPITAL CAMPAIGN TO REVITALIZE THE RLC GYM, ATHLETIC OFFICES, RESTROOMS, CONCESSION STAND AREA, LOCKER ROOMS, FOYER, PHYSICAL/SPORTS THERAPY ROOM:RLC FOUNDATION'S CAPITAL CAMPAIGN THE GAME PLAN RAISED FUNDS FOR THE REVITALIZATION TO THE JIM WAUGH GYMNASIUM. DONATIONS WERE SOLITITED AND MADE TO HELP REVITALIZE A MORE MODERN GYM FACILITIES THAT HAD NOT BEEN TOUCHED FOR OVER 50 YEARS. THE REVITALIZATION ADDRESSED MANY THINGS, SUCH AS MORE SPACE THAT WAS NEEDED, HANDICAP BATHROOMS AND AS A RECUITING TOOL FOR RLC TO BE ABLE TO RECRUIT ACADEMICLY STRONG ATHLETES. THIS CAPITAL CAMPAIGN IS SPREAD OVER 3 YEARS. 390070 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X AMY NEWELL 6184375321 468 N KEN GRAY PARKWAY INA IL 62846 X TONY WIELT CHAIR 1.50 X X 0 0 0 MARY ELLEN AIKEN VICE-CHAIR 1.50 X X 0 0 0 STEVEN TATE TREASURER 1.50 X X 0 0 0 JAMES WITTENAUER SECRETARY 1.50 X X 0 0 0 GREGG BARNARD DIRECTOR 1.50 X 0 0 0 HUNT BONAN DIRECTOR 1.50 X 0 0 0 WILL DAVIS DIRECTOR 1.50 X 0 0 0 RODNEY CABANESS DIRECTOR 1.50 X 0 0 0 RANDALL DAUBY DIRECTOR 1.50 X 0 0 0 MATTHEW FLANIGAN DIRECTOR 1.50 X 0 0 0 PAT KERN DIRECTOR 1.50 X 0 0 0 JEFF LUEKE DIRECTOR 1.50 X 0 0 0 TRISH REED DIRECTOR 1.50 X 0 0 0 WESLEY SCHUMM DIRECTOR 1.50 X 0 0 0 0 0 0 0 0 0 0 0 647223 54920 647223 493514 493514 1644824 1627952 16872 16872 16872 87218 49139 38079 38079 1195688 0 0 548465 66384 66384 296790 296790 9840 9840 16185 16185 35099 4843 4953 25303 10539 2827 7595 117 3642 3642 CONTRACTUAL SERVICES 59003 19112 15409 24482 SUBSCRIPTIONS 37287 17889 19398 22783 114 21625 1044 557552 390070 97138 70344 97149 136167 45285 666083 1218955 1124246 100000 0 221421 66979 158084 154442 7577940 7975891 431671 442289 9629084 10499118 14773 17929 105884 14650 120657 32579 X 1175802 1739265 8332625 8727274 9508427 10466539 9629084 10499118 638136 319878 98 0 X 0 1 X 0 0 X 871382 1128593 1224751 1735337 647223 5607286 871382 1128593 1224751 1735337 647223 5607286 5607286 1225520 -454693 237854 689236 493514 2191431 13 413 38079 38505 7837222 0.71550 0.79280 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 13. 2021 AMOUNT: $ 413. FUNDRAISING INCOME - 2024 AMOUNT: $ 38,079. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8592475 295077 667282 278524 265440 9010870 5122943 2614608 636073 -218851 8592475 4366498 796650 116913 149480 7638 5122943 4043714 733013 -231771 170683 7775 4366498 3129719 289925 715879 84468 7341 4043714 0.05802 0.86727 0.07471 0 0 147000 147000 74421 66979 7442 154442 MUTUAL FUNDS 4637861 F STOCK 63948 F MUNICIPAL BONDS 1603411 F CORPORATE BONDS 48532 F UNIT TRUSTS 177145 F EXCHANGE TRADED AND CLOSED END FUNDS 302384 F COMMON STOCKS 1142610 F 7975891 DUE TO REND LAKE COLLEGE 14650 14650 X 1696527 319878 156545 34256 510679 1185848 9840 9840 1195688 738513 156545 34256 190801 547712 9840 9840 557552 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF RESOURCES ESTABLISHED TO BE USED AS SCHOLARSHIPS TO BENEFIT STUDENTS ATTENDING REND LAKE COLLEGE. THE ENDOWMENT INCLUDES BOTH DONOR RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY US GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE BOARD OF DIRECTORS OF THE FOUNDATION HAS INTERPRETED THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE FOUNDATION CLASSIFIES AS NET ASSETS WITH DONOR RESTRICTION (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. IN ACCORDANCE WITH UPMIFA, THE FOUNDATION CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: (1) THE DURATION AND PRESERVATION OF THE VARIOUS FUNDS, (2) THE PURPOSES OF THE DONOR-RESTRICTED ENDOWMENT FUNDS, (3) GENERAL ECONOMIC CONDITIONS, (4) THE POSSIBLE EFFECT OF INFLATION AND DEFLATION, (5) THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS, (6) OTHER RESOURCES OF THE FOUNDATION, AND (7) THE FOUNDATION'S INVESTMENT POLICIES. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AS OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION FILES VARIOUS FEDERAL AND STATE NON-PROFIT TAX RETURNS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 34,256. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 34,256. GOLF OUTING 87218 87218 7460 30330 11349 87218 87218 7460 30330 11349 49139 38079 1 REND LAKE COLLEGE 468 NORTH KEN GRAY PARKWAY INA IL 62846 370899219 66384 0 SUPPORT 1 REND LAKE COLLEGE SCHOLARSHIPS 214 296790 PART I, LINE 2: THE SCHOLARSHIPS ARE PAID DIRECTLY TO REND LAKE COLLEGE FOR STUDENT TUITION AND EDUCATIONAL EXPENSES. AMOUNTS PAID DIRECTLY TO INDIVIDUALS ARE MONITORED BY THE INSTITUTION'S INSTRUCTORS TO ENSURE THAT MONIES ARE USED AS DIRECTED. X ELECTRONIC CABINET ENCLOSURES, LED LIGHTS & PARTS 1 50000 FMV X EQUIPMENT & SMALL ITEMS 1 4920 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS AVAILABLE TO THE MEMBERS OF THE BOARD AND REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS A CONFLICT OF INTEREST STATEMENT WHICH IS COMPLETED BY THE OFFICERS, DIRECTORS, OR TRUSTEE, AND KEY EMPLOYEES IN A TIMELY MANNER AND UPDATED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE FOUNDATION REIMBURSES REND LAKE COLLEGE FOR THE SALARY OF THE EXECUTIVE DIRECTOR OF THE FOUNDATION. THE SALARY OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EMPLOYMENT COMMITTEE OF THE COLLEGE AND IS FURTHER APPROVED BY THE BOARD OF THE COLLEGE AND THE FOUNDATION. 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. REND LAKE COLLEGE 468 NORTH KEN GRAY PARKWAY INA IL 62846 370899219 HIGHER EDUCATION IL GOVERNMENT N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0