2023-05-15T14:13:12-05:00 2022-06-30 263731278 DIPIAZZA LAROCCA HEETER & CO LLC P O BOX 530095 BIRMINGHAM AL 352530095 990 2021-07-01 201438564 WALLACE STATE COMMUNITY COLLEGE FUTURE FOUNDATION INC WALL 2563528144 801 MAIN STREET NW HANCEVILLE AL 35077 BILL ST JOHN PRESIDENT 2563528144 2023-05-15 1 BILL ST JOHN 999009999 MONTY S WAITES CPA P00438717 2058719973 2023-05-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z BILL ST JOHN 801 MAIN STREET NW HANCEVILLE AL 35077 2546062 0 X N/A X 2004 AL TO BENEFIT THE EDUCATIONAL OBJECTIVES OF WALLACE STATE COMMUNITY COLLEGE 21 21 0 21 0 0 791067 1928068 0 0 174552 576237 -12146 -12734 953473 2491571 292304 362405 0 0 0 0 0 0 0 179174 340604 471478 703009 481995 1788562 5796616 6234798 0 4093 5796616 6230705 THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION THAT ASSISTS WALLACE STATE COMMUNITY COLLEGE, A PUBLIC INSTITUTION OF HIGHER EDUCATION, IN FULFILLING AND PERFORMING ITS EDUCATIONAL PURPOSES 0 0 575063 362405 THE ORGANIZATION HAS ADVANCED THE EDUCATIONAL OBJECTIVES OF THE COLLEGE THROUGH THE SUBSIDATION OF STUDENTS AND FACULTY BY PROVIDING SCHOLARSHIPS, STIPENDS, AND MINI-GRANTS FOR EDUCATIONALLY-RELATED PROJECTS 575063 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL X X SUZANNE HARBIN 2563528144 801 MAIN STREET NW HANCEVILLE AL 35077 X FRED CESPEDES EMERITUS 1.00 X 0 0 0 DALE GREER BOARD MEMBER 1.00 X 0 0 0 SCOTTY HOOPER BOARD MEMBER 1.00 X 0 0 0 BILLY JACKSON BOARD MEMBER 1.00 X 0 0 0 SHIRLEY QUATTLEBAUM BOARD MEMBER 1.00 X 0 0 0 RETHA TINNEY BOARD MEMBER 1.00 X 0 0 0 VICKI KAROLEWICS EX-OFFICIO 1.00 X 0 0 0 JOHN RILEY BOARD MEMBER 1.00 X 0 0 0 JIM DAVIS BOARD MEMBER 1.00 X 0 0 0 CHERYL BAILEY BOARD MEMBER 1.00 X 0 0 0 JASON WHITE ALUMNI REP 1.00 X 0 0 0 WILL HARDING BOARD MEMBER 1.00 X 0 0 0 RICHARD PHILLIPS BOARD MEMBER 1.00 X 0 0 0 TOMESA SMITH BOARD MEMBER 1.00 X 0 0 0 MATTHEW LANEY BOARD MEMBER 1.00 X 0 0 0 BEN HARRISON BOARD MEMBER 1.00 X 0 0 0 JAMIE HENDRIX BOARD MEMBER 1.00 X 0 0 0 LISA MCSWAIN BOARD MEMBER 1.00 X 0 0 0 AMY SHELTON BOARD MEMBER 1.00 X 0 0 0 TIM COMPTON IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 DONNA GUTHRIE TREASURER 1.00 X 0 0 0 LISA WEEKS VICE PRESIDENT 1.00 X 0 0 0 BILL ST JOHN PRESIDENT 1.00 X 0 0 0 0 0 0 0 0 0 0 0 7900 106920 1813248 72351 1928068 543944 543944 74050 41757 32293 32293 32293 0 106920 12734 -12734 -12734 2491571 0 0 563503 362405 362405 9876 4938 4938 24562 24562 621 373 248 711 711 1340 1340 ALUMNI EXPENSE 113694 113694 MISCELLANEOUS EXPENSES 82335 14890 67445 SPECIAL PROJECT AND EVE 81630 65304 16326 COMMUNITY OUTREACH AND 16983 11888 5095 8852 860 7992 703009 575063 127946 0 567492 159491 5001421 5300788 99604 646420 699 699 127400 127400 5796616 6234798 4093 0 4093 X 44632 -298 5751984 6231003 5796616 6230705 5796616 6234798 1788562 -1354473 0 X 0 1 X 0 0 X 1427608 702486 907564 791067 1928068 5756793 1427608 702486 907564 791067 1928068 5756793 5756793 82741 189292 169184 202709 543944 1187870 6944663 0.82900 0.87050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3196528 958003 -682128 3472403 2815320 381208 3196528 2537344 277976 2815320 2494305 43039 2537344 1631677 862628 2494305 1.00000 0 0 0 X 1125270 -1354473 12734 -1341739 2467009 24562 24562 2491571 691181 12734 12734 678447 24562 24562 703009 PART V, LINE 4: THE ORGANIZATION INTENDS TO HOLD THE PRINCIPAL AMOUNT OF THE ENDOWMENTS IN PERPETUITY PART X, LINE 2: THE FOUNDATION FOLLOWS THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC TOPIC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS OF JUNE 30, 2022, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION FILES AN ANNUAL FORM 990 WITH THE IRS AND ITS TAX RETURNS FOR PREVIOUS OPEN TAX YEARS MAY BE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 12,734. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 24,562. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 12,734. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 24,562. FOUNDATION/ALUMNI EVENTS 106920 106920 12734 106920 106920 12734 12734 -12734 0 SCHOLARSHIPS 194 362405 X MISCELLANEOUS ITEMS DONATED FOR AUCTION 171 72351 ITEMS FOR SILENT AUC 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD AND OFFICERS PROVIDE ALL SUPPORTING DOCUMENTS FOR PREPARATION OF THE INFORMATION RETURN AND THE BOARD REVIEWS THE FORM 990 PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C THERE IS NO FORMAL PROCESS SET FORTH TO MONITOR COMPLIANCE WITH THIS POLICY. IT IS EXPRESSLY KNOWN BY ALL DIRECTORS AND OFFICERS THAT CONFLICTS OF INTEREST ARE NOT ALLOWED. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION AT THE OFFICE OF THE ORGANIZATION AT 801 MAIN STREET NW, HANCEVILLE, AL 35077. WALLACE STATE COMMUNITY COLLEGE PO BOX 2000 HANCEVILLE AL 35077 630498828 EDUCATION AL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0