2026-07-14T15:33:13-05:00 2025-08-31 333303535 EFPR ADVISORY LLC 100 SOUTH CLINTON AVE SUITE 1500 ROCHESTER NY 14604 990 2024-09-01 161204210 MONROE COMMUNITY COLLEGE FOUNDATION INC MONR 5852621510 1000 EAST HENRIETTA ROAD ROCHESTER NY 14623 GRETCHEN WOOD EXECUTIVE DIRECTOR 5852621510 2026-07-14 1 1 CHRISTOPHER JOHNSTON P00896198 5854278900 2026-07-14 2024 2025-03-06 01:10:19Z GRETCHEN WOOD 1000 EAST HENRIETTA ROAD ROCHESTER NY 14623 9057466 0 X WWW.MONROECC.EDU/DEPTS/FOUNDATION X 1983 NY THE MONROE COMMUNITY COLLEGE FOUNDATION SEEKS PHILANTHROPIC INVESTMENT TO ADVANCE ACADEMIC ACHIEVEMENT, INNOVATION, AND THE MISSION OF EXCELLENCE AT THE COLLEGE. 57 56 12 56 0 0 2104038 7937807 0 0 379268 482434 349363 350208 2832669 8770449 2728260 7512681 0 0 1507882 1632656 0 0 718596 745704 687119 4981846 9832456 -2149177 -1062007 30106238 29834047 3932018 2503050 26174220 27330997 THE MONROE COMMUNITY COLLEGE FOUNDATION SEEKS PHILANTHROPIC INVESTMENT TO ADVANCE ACADEMIC ACHIEVEMENT, INNOVATION, AND THE MISSION OF EXCELLENCE AT THE COLLEGE. 0 0 7512681 7512681 THE PURPOSE OF THE MONROE COMMUNITY COLLEGE FOUNDATION IS TO SEEK AND SECURE PRIVATE FUNDS TO SUPPLEMENT MONROE COMMUNITY COLLEGE'S TRADITIONAL REVENUE SOURCES THROUGH ITS ONGOING EFFORTS. IT PROVIDES SCHOLARSHIP ASSISTANCE, FACULTY ENRICHMENT PROGRAMS, FUNDING FOR EDUCATIONAL EQUIPMENT AND SEED MONEY FOR INNOVATIVE PROGRAMS. IN FISCAL YEAR 2024-2025, THE ANNUAL TOTALS FOR SCHOLARSHIPS AWARDED THROUGH THE FOUNDATION WAS $2,004,000 TO 945 STUDENTS. THE FOUNDATION'S OVERALL SUPPORT TO THE COLLEGE DURING THIS PERIOD WAS $7.4M. 7512681 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 0 1 10 0 1 12 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 57 56 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X THE ORGANIZATION 5852621510 1000 EAST HENRIETTA ROAD ROCHESTER NY 14623 TODD K BAXTER DIRECTOR 1.00 X 0 0 0 DAVID J BEINETTI DIRECTOR 1.00 X 0 0 0 MARTIN K BIRMINGHAM DIRECTOR 1.00 X 0 0 0 DEANNA R BURT-NANNA PHD DIRECTOR 1.00 X 0 0 0 JULIE CAMARDO DIRECTOR 1.00 X 0 0 0 BRIAN J CAPITUMMINO DIRECTOR 1.00 X 0 0 0 FLOR M COLON DIRECTOR 1.00 X 0 0 0 DAVID A CORNELL DIRECTOR 1.00 X 0 0 0 JEFFERY A DAVIS DIRECTOR 1.00 X 0 0 0 JOHN L DIMARCO II DIRECTOR 1.00 X 0 0 0 LAUREN DIXON DIRECTOR 1.00 X 0 0 0 JOHN A DREDGER PE LEED AP DIRECTOR 1.00 X 0 0 0 SERGIO ESTEBAN DIRECTOR 1.00 X 0 0 0 COLBY FEANE DIRECTOR 1.00 X 0 0 0 LOREN FLAUM DIRECTOR 1.00 X 0 0 0 DANIEL J GOLDSTEIN CPA DIRECTOR 1.00 X 0 0 0 BERNICE E HATCH DIRECTOR 1.00 X 0 0 0 KENNETH L HINES DIRECTOR 1.00 X 0 0 0 SCOTT M KOGLER CPAPFS TREASURER 1.00 X X 0 0 0 MICHAEL A KRUPNICKI DIRECTOR 1.00 X 0 0 0 MAUREEN J LALLY DIRECTOR 1.00 X 0 0 0 DIANA M LAURIA DIRECTOR 1.00 X 0 0 0 JETT MEHTA DIRECTOR 1.00 X 0 0 0 DOUGLAS E PARKER DIRECTOR 1.00 X 0 0 0 LEE J PATTERSON DIRECTOR 1.00 X 0 0 0 LISA PAULIS MD DIRECTOR 1.00 X 0 0 0 STEPHEN M POLOZIE DIRECTOR 1.00 X 0 0 0 S JAY POPLI DIRECTOR 1.00 X 0 0 0 PATRICIA REDDING DIRECTOR 1.00 X 0 0 0 RICHARD A REINGOLD DIRECTOR 1.00 X 0 0 0 EDWARD T SCHULER DIRECTOR 1.00 X 0 0 0 NAOMI SILVER DIRECTOR 1.00 X 0 0 0 MARK A SIWIEC DIRECTOR 1.00 X 0 0 0 GARY L SQUIRES DIRECTOR 1.00 X 0 0 0 DEBORAH C STAMPS DIRECTOR 1.00 X 0 0 0 KEVIN T STICKLES DIRECTOR 1.00 X 0 0 0 JAMES M SYDOR DIRECTOR 1.00 X 0 0 0 LORI A VAN DUSEN IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 CHARLES J VITA DIRECTOR 1.00 X 0 0 0 STEPHANIE E VON BACHO DIRECTOR 1.00 X 0 0 0 MICHAEL S WEED DIRECTOR 1.00 X 0 0 0 KEVIN W WILLIAMS DIRECTOR 1.00 X 0 0 0 MAUREEN R WOLFE CHAIR 1.00 X X 0 0 0 JEREMY J WOLK DIRECTOR 1.00 X 0 0 0 LAURIE L ZAUCHA DIRECTOR 1.00 X 0 0 0 EMERSON U FULLWOOD SECRETARY 1.00 X X 0 0 0 LONETTE MERRIMAN DIRECTOR 1.00 X 0 0 0 ELAINE MICHAEL DIRECTOR 1.00 X 0 0 0 DONALD E JEFFRIES DIRECTOR 1.00 X 0 0 0 GAVIN BROWNLIE DIRECTOR 1.00 X 0 0 0 KIMBERLY J GAYLORD DIRECTOR 1.00 X 0 0 0 MICHAEL JACOBS DIRECTOR 1.00 X 0 0 0 VIRGIL N JOSEPH DIRECTOR 1.00 X 0 0 0 IAN J WILSON DIRECTOR 1.00 X 0 0 0 WILLIAM FARMER DIRECTOR 1.00 X 0 0 0 JILL KNITTEL DIRECTOR 1.00 X 0 0 0 PATRICIA NILSEN DIRECTOR 1.00 X 0 0 0 GRETCHEN WOOD EXECUTIVE DIRECTOR 35.00 X 0 157384 35562 STEPHANIE RIVOLI DIR OF FINANCE & ADV SERVICES 35.00 X 0 60798 22524 MARK PASTORELLA ASSOC VP OF DEVELOPMENT 35.00 X 0 112655 13057 0 330837 71143 0 0 1 0 0 63531 7874276 579161 7937807 482434 482434 637225 63531 287017 350208 350208 8770449 0 0 832642 7512681 7512681 983057 329492 653565 649599 649599 27113 27113 101430 101430 58400 58400 17209 17209 85729 85729 9325 9325 43665 43665 78756 78756 3757 3757 PRINTING 91164 91164 SPECIAL EVENTS 79051 14020 65031 PUBLIC RELATIONS 30459 30459 OTHER EXPENSES 24920 24920 36141 36141 9832456 7512681 1601179 718596 1753363 923407 1941352 557836 2343274 3095979 98044 96444 91570 85536 1266 6034 23804456 25020665 164483 133682 30106238 29834047 994030 1014608 2937988 1488442 3932018 2503050 X -2570307 -993220 28744527 28324217 26174220 27330997 30106238 29834047 -1062007 1894890 323894 0 X X 0 1 X 1 0 X 1970543 5208167 6471753 2104038 7937807 23692308 1970543 5208167 6471753 2104038 7937807 23692308 7905413 15786895 375820 268070 197377 430825 482434 1754526 25446834 0.62040 0.54350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20592341 844237 1546963 862775 53227 22067539 18957642 359679 2102929 801831 26078 20592341 17654826 1187731 944519 758189 71245 18957642 18246457 1291947 -1147621 707364 28593 17654826 15128322 1400423 2384119 653123 13284 18246457 0.78573 0.21427 0 0 34977 34977 0 56593 50559 6034 6034 DEFERRED GIVING OBLIGATIONS 3307 GRANT AND CONTRIBUTION ADVANCES 1485135 1488442 X 11749945 1894890 899019 287017 3080926 8669019 101430 101430 8770449 10593168 575125 287017 862142 9731026 101430 101430 9832456 PART V, LINE 4: ENDOWMENTS ARE DONATED FUNDS THAT ARE INVESTED IN PERPETUITY. PRINCIPAL-GENERATED EARNINGS FULFILL THE SCHOLARSHIP FUNDS CHARITABLE INTENT AS ESTABLISHED WHEN THE GIFT IS MADE. PART X, LINE 2: IN ACCORDANCE WITH ASC 740-10-50, THE FOUNDATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT THE FOUNDATION IS CURRENTLY OPERATING IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THEREFORE, NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS HAS BEEN INCLUDED ON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE EXEMPT ORGANIZATION'S INFORMATIONAL RETURNS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 287,017. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 287,017. VARIOUS REGIONS THROUGH INVESTMENT IN FEG PRIVATE OPP FUND II 0 0 INVESTMENTS 1511465 VARIOUS REGIONS THROUGH INVESTMENT IN FEG PRIVATE OPP FUND III 0 0 INVESTMENTS 382688 VARIOUS REGIONS THROUGH INVESTMENT IN FEG PRIVATE OPP FUND V 0 0 INVESTMENTS 431651 VARIOUS REGIONS THROUGH INVESTMENT IN FEG PRIVATE OPP FUND VI 0 0 INVESTMENTS 290814 VARIOUS REGIONS THROUGH INVESTMENT IN FEG PRIVATE OPP FUND VII 0 0 INVESTMENTS 182214 0 0 0 0 0 0 2798832 0 2798832 0 0 0 0 0 0 GOLD STAR GALA 359433 50173 309260 74905 47285 18284 GOLF TOURNAMENT 193315 10550 182765 63150 22961 2053 1 148008 2808 145200 40525 2579 15275 700756 63531 637225 178580 72825 35612 287017 350208 1 MONROE COMMUNITY COLLEGE 1000 EAST HENRIETTA ROAD ROCHESTER NY 14623 160849590 MONROE COUNTY 7004854 507827 FUNDS ARE TRANSFERRED TO THE COLLEGE IN SUPPORT OF SCHOLARSHIPS AND OTHER EDUCATION RELATED PROGRAMS AND CAPITAL INITIATIVES. PART I, LINE 2: THE FUNDS LISTED AS GRANTS ACTUALLY REPRESENT TRANSFERS TO THE COLLEGE AS NOTED AND EXPLAINED IN COLUMN H IN PART II. AS SUCH, THE MONITORING SYSTEM IS NOT DIRECTLY APPLICABLE BECAUSE THE FUNDS ARE AWARDED TO THE COLLEGE TO BE DISTRIBUTED FOR ITEMS SUCH AS SCHOLARSHIPS AND OTHER EDUCATIONAL AND CAPITAL INITIATIVES THAT SUPPORT THE STUDENTS, FACULTY AND PROGRAMS OF THE COLLEGE. X 1 0 0 0 0 0 0 0 0 0 0 GRETCHEN WOOD EXECUTIVE DIRECTOR 0 157384 0 0 0 0 0 0 0 35562 0 192946 0 0 PART I, LINE 1A SOCIAL CLUB DUES FOR GRETCHEN WOOD, EXECUTIVE DIRECTOR. THIS BENEFIT IS CONSIDERED A WORKING CONDITION FRINGE BENEFIT, AND AS SUCH, IS NOT TREATED AS TAXABLE COMPENSATION TO THE EXECUTIVE DIRECTOR. MONROE COMMUNITY COLLEGE FOUNDATION REQUIRES THIS MEMBERSHIP FOR THE EXECUTIVE DIRECTOR FOR BUSINESS PURPOSES. TOTAL AMOUNT PAID DURING THE CURRENT REPORTING PERIOD WAS $8,403. LAUREN DIXON BOARD MEMBER AND BOARD CHAIR OF DIXON SCHWABL 68831 THE FOUNDATION CONTRACTS WITH DIXON SCHWABL FOR SERVICES RELATED TO PUBLIC RELATIONS AND MARKETING. 0 X 3 7803 STOCK MARKET VALUE X VARIOUS ITEMS FOR OPTICAL SYSTEMS TECHNOLOGY PROGRAM 4 472092 FAIR MARKET VALUE X VARIOUS ITEMS FOR FUNDRAISING EVENTS 42 63531 FAIR MARKET VALUE X GIFT ANNUITY 1 28435 FAIR MARKET VALUE X WELDING PROGRAM MATERIALS 1 7300 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THERE ARE SEVERAL BOARD MEMBERS THAT DO BUSINESS WITH ONE ANOTHER AS WELL AS WITH MCC FOUNDATION. ALL SIGNIFICANT RELATIONSHIPS WITH MCC FOUNDATION ARE DISCLOSED ON SCHEDULE L. ALL OTHER RELATIONSHIPS ARE CONDUCTED IN THE ORDINARY COURSE OF BUSINESS AND ARE REVIEWED ANNUALLY BY THE AUDIT COMMITTEE TO ENSURE TRANSPARENCY. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO SUBMISSION TO THE IRS, THE FOLLOWING STEPS ARE TAKEN TO ENSURE PROPER REVIEW AND APPROVAL OF FORM 990: (1) FORM 990 WILL BE COMPLETED BY EXTERNAL AUDITORS AND SUBMITTED TO CHIEF FINANCIAL OFFICER FOR INITIAL REVIEW; (2) THE FORM 990 WILL BE SENT VIA EMAIL TO BOARD MEMBERS FOR THEIR FINAL REVIEW AND APPROVAL PRIOR TO SUBMISSION TO THE IRS AND HARD COPIES WILL BE AVAILABLE UPON REQUEST; (3) FORM 990 WILL BE SUBMITTED TO THE IRS AND THEN POSTED ON THE FOUNDATION'S WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE DISTRIBUTED ANNUALLY, COLLECTION IS MONITORED BY SECRETARY OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 ALL EMPLOYEES ARE REVIEWED ANNUALLY AND RECOMMENDED FOR COMPENSATION ACCORDINGLY. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE CONTINUES TO ASSUME OVERSIGHT OF BOTH THE AUDIT PROCESS AND FINANCIAL STATEMENT REVIEW AS WELL AS THE APPROVAL OF THE INDEPENDENT AUDITORS. MCC HOLDINGS LLC 1000 EAST HENRIETTA ROAD ROCHESTER NY 14623 REAL ESTATE HOLDING NY 0 85000 MONROE COMMUNITY COLLEGE FOUNDATION INC