2023-11-10T15:26:45-06:00 2023-06-30 581107697 SEROTTA MADDOCKS EVANS CPAS 2743 PERIMETER PARKWAY BLDG 100 STE 200 AUGUSTA GA 30909 990 2022-07-01 570804746 AIKEN TECHNICAL COLLEGE FOUNDATION AIKE 8035087413 PO DRAWER 696 AIKEN SC 29802 BETH LACLAIR DIRECTOR 8035087413 2023-11-03 1 BETH LACLAIR 999009999 0 MICHELLE BENNETT P00968513 7067225337 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BETH LACLAIR PO DRAWER 696 AIKEN SC 29829 1003238 0 X HTTPS://WWW.ATC.EDU/FOUNDATION X 1977 SC THE FOUNDATION PROVIDES SUPPORT TO AIKEN TECHNICAL COLLEGE BY SUPPLYING PHYSICAL, FINANCIAL AND HUMAN RESOURCES FOR THE ENHANCEMENT OF THE COLLEGE AND BY SPONSORING EVENTS TO FOSTER PARTNERSHIPS WITH INDUSTRY, BUSINESS AND INDIVIDUALS IN THE CENTRAL SAVANNAH RIVER AREA. 14 14 0 0 0 0 511047 253057 0 0 564589 168706 -10403 -3511 1065233 418252 172212 140530 0 0 126033 132663 0 0 6660 167729 172010 465974 445203 599259 -26951 6942365 7409283 0 7957 6942365 7401326 FOSTERING WORKFORCE SUCCESS BY BUILDING PARTNERSHIPS WITH BUSINESSES AND THE COMMUNITY TO PROVIDE FINANCIAL SUPPORT TO OUR STUDENTS AND OUR COLLEGE. 0 0 140530 140530 SCHOLARSHIPS FOR STUDENTS 89741 STUDENT PROGRAMS AND OTHER EXPENSES FOR THE COLLEGE 230271 1 1 0 0 0 0 0 0 0 1 1 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 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X BETH LACLAIR 8035087413 PO DRAWER 696 AIKEN SC 29802 BOB HOTTENSEN TREASURER 1.00 X X 0 0 0 LEE BODIE SECRETARY 1.00 X X 0 0 0 CHRISTOPHER AUSTIN TRUSTEE 1.00 X 0 0 0 TERRA CARROLL TRUSTEE 1.00 X 0 0 0 LYNDSEY REEVES VICE CHAIR/CHAIR-ELECT 1.00 X 0 0 0 CARL HENSON TRUSTEE 1.00 X 0 0 0 MALLORY HOLLEY CHAIR 1.00 X X 0 0 0 SEAN ALFORD TRUSTEE 1.00 X 0 0 0 CHRISSA MATTHEWS TRUSTEE 1.00 X 0 0 0 JOSHUA RAINES TRUSTEE 1.00 X 0 0 0 SAL MINOLFO TRUSTEE 1.00 X 0 0 0 BETH LACLAIR DIRECTOR 37.50 X 60613 0 0 60613 0 0 0 0 0 0 0 32622 220435 13731 253057 193751 193751 556430 581475 -25045 -25045 -25045 0 32622 3511 -3511 -3511 418252 0 0 165195 140530 140530 60613 60613 72050 72050 9200 9200 35227 35227 6392 6392 654 654 13926 13926 4254 4254 588 588 3479 3479 OTHER PROGRAMS 44526 44526 STUDENT PROGRAMS 29562 29562 EQUIPMENT & BUILDING SU 15653 15653 FUNDRAISING 6660 6660 1889 1889 445203 230271 208272 6660 129422 184585 590129 249605 15397 5717 4919 3133 9824 9824 0 0 6202498 6966243 6942365 7409283 7957 0 7957 X 551723 1070896 6390642 6330430 6942365 7401326 6942365 7409283 -26951 435146 50766 0 X X 0 1 X 1 0 X 251750 430287 291230 511047 253057 1737371 251750 430287 291230 511047 253057 1737371 1737371 150838 145777 159196 178287 193751 827849 2565220 0.67730 0.65460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4043178 426229 4469407 4684905 -641727 4043178 3558045 1126860 4684905 3454127 103918 3558045 3219291 244523 9687 3454127 0.24000 0.29000 0.47000 0 0 9824 9824 0 0 X 497574 50766 50766 446808 -28556 -28556 418252 448714 3511 3511 445203 0 445203 PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED FOR STUDENT SCHOLARSHIPS, CURRICULUM ENHANCEMENT AND OTHER PROGRAMS BENEFITING AIKEN TECHNICAL COLLEGE AND ITS STUDENTS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS APPROVED THE FOUNDATION'S EXEMPTION FROM FEDERAL INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE LAW, WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE CODE IS SUBJECT TO FEDERAL INCOME TAX. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -3,511. REALIZED LOSS ON INVESTMENTS -25,045. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 3,511. 2021 SCHOLARSHIP RECEPTION AND 50TH 32622 32622 3511 32622 32622 3511 3511 -3511 0 ACADEMIC SCHOLARSHIPS 166 139357 FORM 990, PART VI, SECTION B, LINE 11B COPY OF 990 PROVIDED AND REVIEWED. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS AND RECUSE. FORM 990, PART VI, SECTION B, LINE 15 FOUNDATION HAS NO EMPLOYEES. ALL PERSONNEL ARE EMPLOYEES OF AFFILIATED COLLEGE. COLLEGE MAINTAINS APPROPRIATE REVIEW AND APPROVAL PROCEDURES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED AIKEN TECHNICAL COLLEGE PO DRAWER 696 AIKEN SC 29802 570523399 EDUCATIONAL INSTRUCTION SC 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 AIKEN TECHNICAL COLLEGE O 132663 AMOUNT PAID