2026-03-09T14:27:40-05:00 2025-06-30 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DR 3RD FLOOR CHRISTIANSBURG VA 24073 990 2024-07-01 541168575 SOUTHWEST VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC SOUT 2769647304 PO BOX 1101 RICHLANDS VA 24641 SCOTT BUTCHER BOARD CHAIR 2769647304 2026-01-30 1 1 MARK WOOLWINE P00647446 5404433606 2026-01-27 2024 2025-03-06 01:10:19Z SCOTT BUTCHER PO BOX 1101 RICHLANDS VA 24641 2853514 0 X SW.EDU/EDFOUNDATION X 1981 VA PROVIDE SCHOLARSHIPS TO STUDENTS AND SUPPORT THE COLLEGE AND VIRGINIA COMMUNITY COLLEGE SYSTEM. 11 11 0 0 0 0 1313609 933324 0 0 940836 1254922 357571 -261200 2612016 1927046 2569635 2354370 0 0 497563 451980 0 0 108938 1199192 265255 4266390 3071605 -1654374 -1144559 41827862 42985062 3505646 3386054 38322216 39599008 X THE FOUNDATION'S PURPOSE IS TO SUPPORT THE MISSION OF THE SWCC COLLEGE AND TO HELP MEET THE NEEDS OF AND PROVIDE OPPORTUNITIES FOR STUDENTS, FACULTY AND STAFF BY STRIVING TO PROVIDE ECONOMIC STABILITY BY ASSISTING THE SWCC COLLEGE IN MEETING THE NEEDS OF TODAY AND THE CHALLENGES OF TOMORROW. 0 0 2354370 2354370 SOUTHWEST VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION, INC. PURPOSE IS TO SUPPORT THE MISSION OF THE SWCC COLLEGE AND TO HELP MEET THE NEEDS OF AND PROVIDE OPPORTUNITIES FOR STUDENTS, FACULTY AND STAFF BY STRIVING TO PROVIDE ECONOMIC STABILITY BY ASSISTING THE SWCC COLLEGE IN MEETING THE NEEDS OF TODAY AND THE CHALLENGES OF TOMORROW. EXPENSES HAVE BEEN ALLOCATED TO THE SWCC COLLEGE IF THEY ARE CORRELATED OR DIRECTLY PAID FOR THE SWCC COLLEGE'S ASSETS, ACTIVITIES, INCLUDING STAFF, STUDENTS, CLUBS, AND DIRECT OVERALL SUPPORT. 104089 -428860 THE FOUNDATION'S PROGRAM ACTIVITIES RELATE TO ITS DIRECTLY RELATED EXPENSES. THIS INCLUDES THE FOUNDATION'S OPERATIONS, INCLUDING PAYROLL AND OVERALL SUPPORT OF ITS OWN ASSETS AND ACTIVITIES. A MAJORITY OF THESE EXPENSES ARE FOR THE ACTIVITIES ON THE GRUNDY BOOTH CENTER AND THE APPALACHIAN ARTS CENTER, INCLUDING THE ALLOCATION OF DEPRECIATION. 2458459 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2769647304 PO BOX 1101 RICHLANDS VA 24641 SCOTT BUTCHER BOARD CHAIR 0.50 X X 0 0 0 MARCO WARNER BOARD VICE-CHAIR 0.50 X X 0 0 0 DR VICKIE RATLIFF BOARD SECRETARY 0.50 X X 0 0 0 JIM BOYD BOARD MEMBER 0.50 X 0 0 0 ANDY HROVATIC BOARD MEMBER 0.50 X 0 0 0 LYNN KEENE BOARD MEMBER 0.50 X 0 0 0 FRAN MINTON BOARD MEMBER 0.50 X 0 0 0 TOM MULLINS BOARD MEMBER 0.50 X 0 0 0 CATHY PAYNE BOARD MEMBER 0.50 X 0 0 0 AJ ROBINSON BOARD MEMBER 0.50 X 0 0 0 MARY JEFFRIES BOARD MEMBER 0.50 X 0 0 0 STACEY MCGHEE EXECUTIVE DIRECTOR 40.00 X 0 72675 17547 0 72675 17547 0 0 0 0 0 60907 4650 867767 933324 714172 714172 393346 647570 -254224 -254224 -254224 726750 29000 0 215000 726750 -186000 540750 -186000 726750 45558 60907 63898 -18340 -18340 ARTISAN'S CRAFTS - COMMISSIONS 711300 11364 11364 11364 1927046 -428860 0 1422582 2354370 2354370 451980 31000 334835 86145 1275 1275 36953 36953 85081 85081 86 86 7466 6896 570 13961 13961 250 250 7475 7475 14617 11044 3573 MISCELLANEOUS EXPENSE 60279 30402 28034 1843 FUNDRAISING OPERATIONS 18886 18886 REPAIRS AND MAINTENANCE 15936 15936 ENTERTAINMENT EXPENSE 1496 1496 1494 1494 3071605 2458459 504208 108938 150377 72748 490671 129904 310202 171071 39615 9021 10819396 2713671 8323061 8105725 29056937 30988794 3425658 3494569 31341 13230 41827862 42985062 80222 46370 3394083 3315599 31341 24085 3505646 3386054 X 25944953 26875415 12377263 12723593 38322216 39599008 41827862 42985062 -1144559 2421351 0 X X 0 1 X 1 0 X 1262172 2002556 4092699 1313609 933324 9604360 1262172 2002556 4092699 1313609 933324 9604360 631416 8972944 1892057 1432566 551617 918571 714172 5508983 15113343 0.59370 0.58090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4441083 60782 532034 48326 52183 4933390 3648373 179767 490486 49637 -171757 4441083 3106398 203425 367347 55600 -26803 3648373 3618371 66008 -519718 58263 3106398 0.64350 0.35650 0 0 406660 406660 9268990 2672309 6596681 1143746 41362 1102384 8105725 ALTERNATIVE INVESTMENTS 3494569 F 3494569 OPERATING LEASE RIGHT-OF-USE LIABILITY 8230 FUNDS HELD ON BEHALF OF OTHERS 15855 24085 X 4974784 2421351 2421351 2553433 85081 -711468 -626387 1927046 3697992 711468 711468 2986524 85081 85081 3071605 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVEUNE CODE. THE FEDERAL FORM 990 OF THE FOUNDATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -63,898. RENTAL EXPENSE -647,570. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 63,898. RENTAL EXPENSE 647,570. GOLF TOURNAMENT 59765 14400 45365 5762 FESTIVAL OF THE ARTS 46700 46507 193 58136 106465 60907 45558 63898 63898 -18340 1 SOUTHWEST VIRGINIA COMMUNITY COLLEGE (SWCC COLLEGE) PO BOX 1101 RICHLANDS VA 24641 541269325 2354370 0 ONE OF THE MISSIONS OF SUPPORTING THE ACTIVITIES AND WELFARE OF THE COLLEGE AND THE VIRGINIA COMMUNITY COLLEGE SYSTEM. PART I, LINE 2: ALL GRANTS AND ASSISTANCE ARE TO SOUTHWEST VIRGINA COMMUNITY COLLEGE (RELATED PARTY). THE MISSION OF THE FOUNDATION IS TO SUPPORT THE ACTIVITIES AND WELFARE OF THIS COLLEGE AND THE VIRGINIA COMMUNITY COLLEGE SYSTEM. ALL AMOUNTS ARE EITHER IN DIRECT SUPPORT OF THE COLLEGE, PER DOCUMENTED REQUESTS APPROVED BY THE BOARD, OR STUDENT SCHOLARSHIPS PAID DIRECTLY TO THE COLLEGE AT THEIR DIRECTION. THE COLLEGE MAINTAINS THE SCHOLARSHIP RECORDS OF ALL STUDENTS RECEIVING A SCHOLARSHIP. FORM 990, PART VI, SECTION B, LINE 11B A BOARD MEETING IS HELD TO REVIEW AND APPROVE THE IRS FORM 990 BEFORE FILING THE INFORMATIONAL RETURN. FORM 990, PART VI, SECTION B, LINE 12C SEMI-ANNUAL REQUIREMENT OF COMPLETING CONFLICT OF INTEREST ACKNOWLEGEMENT FORMS AND REVIEW OF ACKNOWLEGEMENTS BY APPROPRIATE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL REVIEW OF THE COLLEGE PRESIDENT'S ALLOWANCES BY BOARD OF DIRECTORS BEFORE APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, INFORMATIONAL OR TAX RETURNS, AND UNAUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC DURING NORMAL BUSINESS HOURS OR BY MAIL, UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SOUTHWEST VIRGINIA COMMUNITY COLLEGE PO BOX 1101 RICHLANDS VA 24641 541269325 EDUCATION VA 501(C)(3) LINE 7 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 SOUTHWEST VIRGINIA COMMUNITY COLLEGE B 2354370