2021-02-17T13:44:22-06:00 2020-06-30 341322309 CIUNI & PANICHI INC 25201 CHAGRIN BLVD 200 CLEVELAND OH 441225683 990 2019-07-01 237320719 CUYAHOGA COMMUNITY COLLEGE FOUNDATION CUYA 2169876000 700 CARNEGIE AVENUE CLEVELAND OH 44115 MEGAN O'BRYAN PRESIDENT OF TRI-C FOUNDATION 2169876000 2021-01-21 1 HERZL GINSBURG CPA P01351635 2168317171 2019 2022-09-23 18:48:47Z MEGAN O'BRYAN 700 CARNEGIE AVENUE CLEVELAND OH 44115 21330411 0 X WWW.TRI-C.EDU/GIVE/ X 1973 OH THE MISSION OF THE CUYAHOGA COMMUNITY COLLEGE FOUNDATION IS (CONTINUED ON SCHEDULE O) TO PROVIDE RESOURCES FOR ADVANCING STUDENT SUCCESS AT CUYAHOGA COMMUNITY COLLEGE AND TO TRANSFORM THE LIVES OF THOSE TRI-C SERVES. OUR VISION IS TO ENSURE THAT TRI-C HAS THE RESOURCES NEEDED TO HELP EVERY STUDENT LEARN, THRIVE, AND SUCCEED, AND TO CREATE A PROSPEROUS COMMUNITY FOR ALL. OUR FOCUS IS TO REIMAGINE A TRANSFORMED WORKFORCE SYSTEM BY SERVING THOSE MOST IN NEED THROUGH ACCESSIBLE, FLEXIBLE AND BARRIER-FREE EDUCATION THAT LEADS TO LIFE-CHANGING JOBS WHILE MEETING THE DEMANDS OF OUR REGION'S VITAL INDUSTRIES. 66 66 0 0 0 -2451 7309938 7819286 0 0 2789474 1371937 380631 283174 10480043 9474397 2973806 3232192 0 0 0 0 0 0 756226 5184925 4591567 8158731 7823759 2321312 1650638 86501727 89432616 3213085 3000770 83288642 86431846 X THE MISSION OF THE CUYAHOGA COMMUNITY COLLEGE FOUNDATION IS TO PROVIDE RESOURCES FOR ADVANCING STUDENT SUCCESS AT CUYAHOGA COMMUNITY COLLEGE AND TO TRANSFORM THE LIVES OF THOSE TRI-C SERVES. OUR VISION IS TO ENSURE THAT TRI-C HAS THE RESOURCES NEEDED (CONTINUED ON SCHEDULE O) 0 0 3232192 3232192 SCHOLARSHIP PROGRAM: ALTHOUGH THE COLLEGE'S TUITION IS THE LOWEST IN NORTHEAST OHIO, THERE ARE STUDENTS IN OUR COMMUNITY WHO, WITHOUT SOME FINANCIAL ASSISTANCE, ARE UNABLE TO ACCESS OR CONTINUE THEIR EDUCATION. SCHOLARSHIPS INCREASE ACCESS TO HIGHER EDUCATION AND SUPPORT THE ULTIMATE GOAL OF EXPEDITING STUDENT TRANSITION THROUGH COLLEGE AND REDUCING THEIR TIME TO GRADUATION. SCHOLARSHIPS HAVE ENABLED THOUSANDS OF STUDENTS TO ACCESS AND OBTAIN THEIR COLLEGE EDUCATION. OVER A FIVE YEAR PERIOD (FY2016-2020), 14,538 SCHOLARSHIPS TOTALING $15.8 MILLION WERE DISTRIBUTED TO TRI-C STUDENTS. THE AVERAGE SCHOLARSHIP WAS $1,200. MEETING THE NEED FOR SCHOLARSHIP SUPPORT FOR OUR STUDENTS CONTINUES TO BE A MAJOR PRIORITY FOR THE TRI-C FOUNDATION. 3621538 EDUCATIONAL DEVELOPMENT: TRI-C FOUNDATION SUPPORTS DEVELOPMENT AND ENHANCEMENT OF EDUCATIONAL PROGRAMS OFFERED BY TRI-C IN RESPONSE TO WORKFORCE AND STUDENT NEEDS. TRI-C CENTERS OF EXCELLENCE ARE DESIGNED TO MEET THE EDUCATIONAL, CULTURAL AND ECONOMIC NEEDS OF OUR COMMUNITIES BY PROVIDING THE MOST INNOVATIVE PROGRAMMING AVAILABLE. TRI-C'S SIX CENTERS OF EXCELLENCE INCLUDE CREATIVE ARTS, HOSPITALITY MANAGEMENT, INFORMATION TECHNOLOGY, MANUFACTURING, NURSING, AND PUBLIC SAFETY. THE CENTERS OFFER HIGH-QUALITY, INDUSTRY-RELEVANT COURSES TO PROVIDE THE COMPREHENSIVE, HANDS-ON TRAINING STUDENTS NEED TO GAIN A COMPETITIVE EDGE IN TODAY'S JOB MARKET. PROGRAMS IN TRI-C'S CENTERS OF EXCELLENCE ADDRESS KEY AREAS (CONTINUED ON SCHEDULE O)IN WHICH FUTURE JOB GROWTH IS EXPECTED; PROVIDE SKILLED WORKERS FOR LOCAL EMPLOYERS; DEMONSTRATE HIGH SUCCESS RATES; USE STATE-OF-THE-ART FACILITIES; AND RECEIVE NATIONAL RECOGNITION. PHILANTHROPY IS SUPPORTING MANY STRATEGIES THAT INCREASE STUDENT COMPLETION RATES AT CUYAHOGA COMMUNITY COLLEGE. THE COLLEGE'S STRATEGIC PLAN FOR 2018-2022 FOCUSES ON FIVE STRATEGIC AREAS: STUDENT EXPERIENCE; BRAND/IMAGE; COMMUNITY; WORKFORCE; AND AFFORDABILITY; BUILT ON THE FOUNDATIONAL PRINCIPLES OF ACCESS; EQUITY; AND SUCCESS. THROUGH COLLEGE-WIDE WORK, GRADUATION RATES ARE RISING ACROSS THE INSTITUTION, THERE HAS BEEN A SIGNIFICANT INCREASE IN WORKFORCE CREDENTIALS AWARDED, AND TRI-C HAS BEEN RECOGNIZED AS ONE OF THE NATION'S TOP 150 COMMUNITY COLLEGES BY THE ASPEN INSTITUTE COLLEGE EXCELLENCE PROGRAM. GENEROUS GIFTS AND GRANTS ARE BEING DEPLOYED TO NARROW THE GAP IN SUCCESS AND COMPLETION. 6853730 1 1 0 1 0 0 0 0 0 1 0 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 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 66 66 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 OH X ANGELA RICH 2169876000 700 CARNEGIE AVENUE CLEVELAND OH 441152878 X JAMES B ARONOFF VICE CHAIRPERSON 2.00 X X 0 0 0 CHRIS BART DIRECTOR 2.00 X 0 0 0 AKRAM BOUTROS MD DIRECTOR 2.00 X 0 0 0 GAIL A BOWEN DIRECTOR 2.00 X 0 0 0 ROBERT P BRANDON DIRECTOR 2.00 X 0 0 0 ZACK E BRUELL DIRECTOR 2.00 X 0 0 0 MICKI BYRNES DIRECTOR 2.00 X 0 0 0 RICK A CHIRICOSTA DIRECTOR 2.00 X 0 0 0 PAUL CLARK DIRECTOR 2.00 X 0 0 0 DELOS M COSGROVE MD DIRECTOR 2.00 X 0 0 0 STEVEN J DEMETRIOU DIRECTOR 2.00 X 0 0 0 JOSEPH DIROCCO DIRECTOR 2.00 X 0 0 0 DAVID A DOLL DIRECTOR 2.00 X 0 0 0 DEBORAH V DONLEY DIRECTOR 2.00 X 0 0 0 JONATHAN EPSTEIN DIRECTOR 2.00 X 0 0 0 TRINA M EVANS IMMEDIATE PAST CHAIR 2.00 X 0 0 0 ADAM FISHMAN DIRECTOR 2.00 X 0 0 0 WAYNE FOLEY DIRECTOR 2.00 X 0 0 0 PAUL A FOX DIRECTOR 2.00 X 0 0 0 SUSAN M FUEHRER DIRECTOR 2.00 X 0 0 0 AARON GROSSMAN DIRECTOR 2.00 X 0 0 0 CHRIS HYLAND DIRECTOR 2.00 X 0 0 0 NICOLETTE JAWORSKI DIRECTOR 2.00 X 0 0 0 ALEX JOHNSON PHD DIRECTOR 2.00 X 0 0 0 JASON JONES DIRECTOR 2.00 X 0 0 0 LOUIS G JOSEPH VICE CHAIRPERSON 2.00 X X 0 0 0 JIM KEENE DIRECTOR 2.00 X 0 0 0 JERRY L KELSHEIMER DIRECTOR 2.00 X 0 0 0 DOUGLAS A KERN DIRECTOR 2.00 X 0 0 0 CATHERINE M KILBANE DIRECTOR 2.00 X 0 0 0 FRED L KOURY CHAIRPERSON - DEVELOPMENT COMMITTEE 2.00 X 0 0 0 KATHY KRIEGER DIRECTOR 2.00 X 0 0 0 DAVID KUNTZ DIRECTOR 2.00 X 0 0 0 HOWARD LEWIS DIRECTOR 2.00 X 0 0 0 VIRGINIA LINDSETH PHD DIRECTOR 2.00 X 0 0 0 GENA C LOVETT DIRECTOR 2.00 X 0 0 0 JAY LUCARELLI DIRECTOR 2.00 X 0 0 0 JENEEN MARZIANI DIRECTOR 2.00 X 0 0 0 KYLE MERRILL DIRECTOR 2.00 X 0 0 0 KAREN MILLER PHD DIRECTOR 2.00 X 0 0 0 GLORIA J MOOSMANN DIRECTOR 2.00 X 0 0 0 BERNIE MORENO VICE CHAIRPERSON 2.00 X X 0 0 0 MEGAN O'BRYAN PRESIDENT, TRI-C FOUNDATION 2.00 X X 0 0 0 TRACY A OLIVER DIRECTOR 2.00 X 0 0 0 KATHERINE T O'NEILL SECRETARY; CHAIR - COMM ON DIRECTORS 2.00 X X 0 0 0 PATRICK PASTORE DIRECTOR 2.00 X 0 0 0 JON J PINNEY ESQ DIRECTOR 2.00 X 0 0 0 ANDREW E RANDALL DIRECTOR 2.00 X 0 0 0 MATT REVILLE DIRECTOR 2.00 X 0 0 0 SEAN RICHARDSON DIRECTOR 2.00 X 0 0 0 KELLY RICKER DIRECTOR 2.00 X 0 0 0 SHELLEY ROTH DIRECTOR 2.00 X 0 0 0 DANIEL SALTZMAN DIRECTOR 2.00 X 0 0 0 GREGORY J SKODA TREASURER; CHAIR - FINANCE COMMITTEE 2.00 X X 0 0 0 JOHN E SKORY CHAIRPERSON 2.00 X X 0 0 0 JAMES A STRASSMAN DIRECTOR 2.00 X 0 0 0 RACHEL Y TALTON DM DIRECTOR 2.00 X 0 0 0 KEVIN S THOMAS CHAIRPERSON - AUDIT COMMITTEE 2.00 X 0 0 0 TED TYWANG DIRECTOR 2.00 X 0 0 0 SHELLY WESTON DIRECTOR 2.00 X 0 0 0 DAVID W WHITEHEAD DIRECTOR 2.00 X 0 0 0 VANESSA L WHITING ESQ DIRECTOR 2.00 X 0 0 0 LORNA WISHAM DIRECTOR 2.00 X 0 0 0 MARGARET W WONG ESQ DIRECTOR 2.00 X 0 0 0 THOMAS F ZENTY III DIRECTOR 2.00 X 0 0 0 ZDENKO ZOVKIC DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 888107 6931179 518419 7819286 1746632 1746632 11399870 11774565 -374695 -374695 -374695 364623 888107 81449 283174 283174 9474397 0 0 1655111 3232192 3232192 15841 15841 26553 26553 323500 323500 70640 70640 432726 432726 86461 86461 6202 6202 EDUCATIONAL DEVELOPMENT 3621538 3621538 MISCELLANEOUS 8106 8106 7823759 6853730 213803 756226 5253566 3536462 2503877 3629390 23951 76000 70000364 68571078 7951290 12879821 768679 739865 86501727 89432616 26877 32536 3186208 2968234 3213085 3000770 X 300062 241912 82988580 86189934 83288642 86431846 86501727 89432616 X 1650638 1503086 -10520 X 0 1 X 1 0 X 8975072 8423892 6251269 7309939 7819286 38779458 8975072 8423892 6251269 7309939 7819286 38779458 5922554 32856904 1006599 1200700 1441774 1671752 1746632 7067457 307342 505953 395321 380631 283174 1872421 9292 9292 47728628 0.68840 0.57640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 323500 323500 7429619 7753119 537656 134414 0 0 492787 401412 554469 537656 1986324 2979486 305000 86000 316000 323500 1030500 123197 100353 138617 134414 496581 744872 PART II-B, LINE 1: CITIZENS FOR TRI-C 700 CARNEGIE AVENUE CLEVELAND, OH 44115 TRI-C FOUNDATION SUPPORTS THE COLLEGE AND ITS EFFORTS TO SERVE AS THE COMMUNITY'S COLLEGE AND THE PLACE "WHERE FUTURES BEGIN." TRI-C FOUNDATION PROVIDES SUPPORT ONLY TO CUYAHOGA COMMUNITY COLLEGE BALLOT ISSUES. LOBBYING EXPENSES PROVIDED SUPPORT FOR MARKETING AND ADVERTISING FOR FUTURE BALLOT INITIATIVES. 0 77754935 2404064 2688263 1992257 80855005 73078222 2995209 3617422 1935918 77754935 66923853 3277860 4214784 1338275 73078222 55952248 4681177 7684845 1394417 66923853 50168046 8408745 -1272117 1352426 55952248 0.00000 0.18890 0.81110 0 0 0 ALTERNATIVE INVESTMENTS 12879821 F 12879821 GRANTS DUE TO RELATED PARTY 2957468 ANNUITIES PAYABLE 10766 2968234 X 11177308 1503086 199536 70929 1773551 9403757 70640 70640 9474397 8034104 199536 81449 280985 7753119 70640 70640 7823759 PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE "INCOME TAXES" TOPIC OF THE FASB ASC. UNCERTAIN INCOME TAX POSITIONS ARE EVALUATED AT LEAST ANNUALLY BY MANAGEMENT. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION FILES ITS FORM 990 IN THE U.S. FEDERAL JURISDICTION AND A CHARITABLE REGISTRATION WITH THE OFFICE OF THE STATE'S ATTORNEY GENERAL FOR THE STATE OF OHIO. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 81,449. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -10,520. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 81,449. PART V, LINE 4 - INTENDED USES OF ENDOWMENT FUNDS: CUYAHOGA COMMUNITY COLLEGE FOUNDATION RAISES FUNDS TO SUPPORT COLLEGE PROGRAMS AND SCHOLARSHIPS. PHILANTHROPIC SUPPORT HELPS TRANSFORM AN OTHERWISE UNDESERVED STUDENT POPULATION INTO THE TALENT THAT WILL HELP GROW OUR REGION'S WORKFORCE AND ECONOMY. ENDOWMENTS PROVIDE LONG-TERM SUPPORT TO THE COLLEGE'S PRIORITY INITIATIVES. MAJOR FOUNDATION ENDOWMENTS INCLUDE THE JACK, JOSEPH AND MORTON MANDEL ENDOWMENT FUND, WHICH CREATED A HUMANITIES CENTER FOCUSED ON CREATING CIVICALLY RESPONSIBLE CITIZENS WHO WILL LEAD NORTHEAST OHIO TOWARD A STRONGER ECONOMIC AND SOCIAL FUTURE. TO SUPPORT STUDENT SUCCESS AND COMPLETION, THE FOUNDATION MAINTAINS NUMEROUS ENDOWMENT FUNDS FOR SCHOLARSHIPS BENEFITING STUDENTS FROM DIVERSE BACKGROUNDS IN A VARIETY OF AREAS OF STUDY. THE ACCESS SCHOLARSHIP FUND, THE FOUNDATION'S LARGEST SCHOLARSHIP FUND, HELPS ENSURE THAT QUALIFIED STUDENTS RECEIVE THE FINANCIAL ASSISTANCE NEEDED TO PURSUE THEIR PROGRAMS OF STUDY. THE COLLEGE'S CENTERS OF EXCELLENCE ALSO HAVE DEDICATED SCHOLARSHIP ENDOWMENT FUNDS TO HELP PREPARE STUDENTS FOR JOBS TODAY AND INTO THE FUTURE. PRESIDENTIAL SCHOLARSHIP LUNCHEON 913127 888107 25020 33145 37641 CLEVELAND EATS SMALL BITES AUCTION 36200 36200 8935 3 303403 303403 1728 1252730 888107 364623 33145 48304 81449 283174 0 CUYAHOGA COMMUNITY COLLEGE 700 CARNEGIE AVENUE CLEVELAND OH 44115 340896630 STATE OF OHIO 3232192 SCHOLARSHIPS 1 PART I, LINE 2: BECAUSE OF THE CLOSE CONNECTION BETWEEN THE FOUNDATION AND CUYAHOGA COMMUNITY COLLEGE, THE FOUNDATION IS ASSURED THAT ITS GRANT FUNDS ARE SPENT TO FURTHER EDUCATIONAL MISSIONS OF THE COLLEGE. X 2476 518419 FMV 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF SHARES CONTRIBUTED. FORM 990, PART III, LINE 1 TO HELP EVERY STUDENT LEARN, THRIVE, AND SUCCEED, AND TO CREATE A PROSPEROUS COMMUNITY FOR ALL. OUR FOCUS IS TO REIMAGINE A TRANSFORMED WORKFORCE SYSTEM BY SERVING THOSE MOST IN NEED THROUGH ACCESSIBLE, FLEXIBLE AND BARRIER-FREE EDUCATION THAT LEADS TO LIFE-CHANGING JOBS WHILE MEETING THE DEMANDS OF OUR REGION'S VITAL INDUSTRIES. THE MISSION OF THE TRI-C FOUNDATION IS TO PROVIDE RESOURCES FOR ADVANCING STUDENT SUCCESS AT CUYAHOGA COMMUNITY COLLEGE AND TO TRANSFORM THE LIVES OF THOSE TRI-C SERVES. THIS MISSION SUPPORTS OUR VISION TO ENSURE TRI-C HAS THE RESOURCES NEEDED TO HELP EVERY STUDENT LEARN, THRIVE AND SUCCEED AND TO CREATE A PROSPEROUS COMMUNITY FOR ALL. CHARITABLE CONTRIBUTIONS TO THE TRI-C FOUNDATION ARE A DIRECT INVESTMENT IN THE PEOPLE OF NORTHEAST OHIO BY IMPROVING EDUCATIONAL OUTCOMES. STUDENT SUCCESS IS ON THE RISE AT CUYAHOGA COMMUNITY COLLEGE. SUPPORT FOR SCHOLARSHIPS AND LIFE-CHANGING STUDENT PROGRAMS IS KEY TO THAT GROWTH. WITH 50,000 STUDENTS A YEAR, HIGH-QUALITY ASSOCIATE DEGREE AND WORKFORCE PROGRAMS AND THE LOWEST TUITION IN OHIO, TRI-C IS DRIVING THE ECONOMIC PROSPERITY AND FUTURE OF OUR REGION. OUR GRADUATES STAY IN OUR COMMUNITY, AND THE MONEY CONTRIBUTED TO THEIR EDUCATION PAYS ASTRONOMICAL DIVIDENDS IN THEIR FUTURE EARNINGS - AS WELL AS OUR TAX BASE - AND DECREASES UNEMPLOYMENT. THE TRI-C FOUNDATION CONDUCTS ITS ACTIVITIES IN PARTNERSHIP WITH THE COLLEGE'S OFFICE OF RESOURCE DEVELOPMENT. THE TRI-C FOUNDATION AND THE OFFICE OF RESOURCE DEVELOPMENT TOGETHER ARE RESPONSIBLE FOR FUNDRAISING AND "FRIEND RAISING" OPPORTUNITIES AND ACTIVITIES COLLEGE-WIDE WORKING WITH PARTNERS FROM FOUNDATIONS/ORGANIZATIONS, CORPORATIONS/BUSINESSES, INDIVIDUALS, AND GOVERNMENT AGENCIES. SOLICITATIONS ARE PRESENTED ON BEHALF OF THE COLLEGE OR THE FOUNDATION AS APPROPRIATE TO THE FUNDING SOURCE. ALL FUNDRAISING ACTIVITIES CONDUCTED BY THE TRI-C FOUNDATION ARE EVALUATED AND DETERMINED TO BENEFIT THE COLLEGE AND ITS STUDENTS. DONOR PARTNERSHIPS ENABLE TRI-C TO ENHANCE AND AMPLIFY SERVICES AND RAISE THE TIDE FOR ALL OF NORTHEAST OHIO, CREATING LASTING CHANGE FOR OUR ENTIRE COMMUNITY. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION MADE A SIGNIFICANT CHANGE TO THEIR BOARD REGULATIONS BY ADDING A CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FILING. AT THE REQUEST OF A DONOR WHO WISHES TO REMAIN ANONYMOUS, THE NAMES AND ADDRESSES OF ALL DONORS LISTED ON SCHEDULE B HAVE BEEN REDACTED FROM THE COPY PROVIDED TO THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES COMPLIANCE WITH THE POLICY THROUGH GUIDELINES IN THE COMPANY'S REGULATIONS, WHICH ALSO CALL FOR ANNUALLY MONITORING COMPLIANCE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -10,520.