OWENS COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- OWENS COMMUNITY COLLEGE FOUNDATION (EIN 20-1625785)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-02-05
- IRS object ID
- 201820369349300812
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-02-05T13:37:26-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 310800053 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLARK SCHAEFER HACKETT & CO | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 East Main Street Suite 500 | AddressLine1Txt |
| City | Springfield | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201625785 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Owens Community College Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OWEN | BusinessNameControlTxt |
| Phone | 5676617641 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10000 | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 436991947 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jennifer Fehnrich | PersonNm |
| Person Title | Foundation Executive Director | PersonTitleTxt |
| Phone | 5376617641 | PhoneNum |
| Signature | 2018-01-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jesse Young | PreparerPersonNm |
| PTIN | P01236247 | PTIN |
| Phone | 9373992000 | PhoneNum |
| Preparation | 2018-01-08 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 70.61.45.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-01-08 | IPDt |
| IP Tm | 16:12:50 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | C2F47ED791055C5DDCDF6A32451FD928BA2C2B7F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Jennifer Fehnrich | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10000 | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 436991947 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $653,513 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.owens.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2003 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF THE OWENS COMMUNITY COLLEGE FOUNDATION IS TO DEVELOP AND PROVIDE RESOURCES TO ADVANCE THE COLLEGE'S MISSION OF SERVING OUR STUDENTS AND OUR COMMUNITY. THE OWENS COMMUNITY COLLEGE FOUNDATION RAISES FUNDS FOR STUDENT SCHOLARSHIPS AND TUITION ASSISTANCE AS WELL AS OWENS COMMUNITY COLLEGE ACADEMIC AND STUDENT SERVICE PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $491,792 | PYContributionsGrantsAmt |
| CY Contributions Grants | $325,731 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $120,650 | PYInvestmentIncomeAmt |
| CY Investment Income | $92,552 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $612,442 | PYTotalRevenueAmt |
| CY Total Revenue | $418,283 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $482,253 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $210,974 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $11,996 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $53,392 | PYOtherExpensesAmt |
| CY Other Expenses | $49,841 | CYOtherExpensesAmt |
| PY Total Expenses | $535,645 | PYTotalExpensesAmt |
| CY Total Expenses | $260,815 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $76,797 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $157,468 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,517,943 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,975,353 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $83,541 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $88,683 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,434,402 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,886,670 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The mission of the Owens Community College Foundation is to develop and provide resources to advance the college's mission of serving our students and our community. We invest in your success. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $153,770 | ExpenseAmt |
| Grant | $153,770 | GrantAmt |
| Desc | The Foundation awarded 214 scholarships to students to cover tuition, fees, and other educational expenses to attend Owens Community College. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $57,204 | ExpenseAmt |
| Grant | $57,204 | GrantAmt |
| Desc | THE FOUNDATION PROVIDES FUNDING TO VARIOUS COLLEGE DEPARTMENTS AND PROGRAMS FOR EQUIPMENT, SUPPLIES, ADVERTISING, SPECIAL EVENTS, AND ANY OTHER SUPPORT THAT CANNOT BE SUPPLIED BY THE COLLEGE BUDGET. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $210,974 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | Yes (1) | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Patricia Smith | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5676617641 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 10000 | AddressLine1Txt |
| City | Toledo | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 436991947 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Philip j rudolph | ||||||
| chairman | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| diana h talmage | ||||||
| vice chairman | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| matthew j mishler | ||||||
| secretary | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| david j mcmacken | ||||||
| treasurer | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| l michael bower | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| charles brown | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| james f carter | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| walter j celley | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| michael e duffey | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| james h geers | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| andrea m gurcsik | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| thomas l hosler | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Jeanne y hylant | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| lawrence jones | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| daniel e kimmet | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| allan j libbe | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ronald w matter | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ronald a mcmaster | ||||||
| board of trustees designee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| thomas f pounds | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| alan m sattler | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| arthur h smith | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| david l whikehart | ||||||
| director-at-large | 0.50 | Yes (X) | $0 | $0 | $0 | |
| jennifer l Fehnrich | ||||||
| executive director | 40.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $325,731 | AllOtherContributionsAmt |
| Noncash Contributions | $5,000 | NoncashContributionsAmt |
| Total Contributions | $325,731 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $82,044 | TotalRevenueColumnAmt |
| Exclusion | $82,044 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $245,738 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $235,230 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,508 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,508 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,508 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $418,283 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,508 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $82,044 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,204 | TotalAmt |
| Program Services | $57,204 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,770 | TotalAmt |
| Program Services | $153,770 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150 | TotalAmt |
| Management And General | $150 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,404 | TotalAmt |
| Management And General | $8,404 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,194 | TotalAmt |
| Management And General | $10,194 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,931 | TotalAmt |
| Management And General | $4,931 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155 | TotalAmt |
| Management And General | $155 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,398 | TotalAmt |
| Management And General | $3,398 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Cultivation / Public Re | $11,638 | $11,638 | |
| Maintenance Agreements | $5,500 | $5,500 | |
| Food service | $4,853 | $4,853 | |
| Donor expense | $358 | $358 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260 | TotalAmt |
| Management And General | $260 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,815 | TotalAmt |
| Program Services | $210,974 | ProgramServicesAmt |
| Management And General | $37,845 | ManagementAndGeneralAmt |
| Fundraising | $11,996 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $281,298 | BOYAmt |
| EOY | $373,488 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,804 | BOYAmt |
| EOY | $45,797 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,162,841 | BOYAmt |
| EOY | $3,556,068 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,517,943 | BOYAmt |
| EOY | $3,975,353 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,616 | BOYAmt |
| EOY | $22,450 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,925 | BOYAmt |
| EOY | $66,233 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,541 | BOYAmt |
| EOY | $88,683 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $231,979 | BOYAmt |
| EOY | $371,370 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,188,797 | BOYAmt |
| EOY | $1,426,374 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,013,626 | BOYAmt |
| EOY | $2,088,926 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,434,402 | BOYAmt |
| EOY | $3,886,670 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,517,943 | BOYAmt |
| EOY | $3,975,353 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $157,468 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $294,800 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $724,542 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $490,956 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $317,337 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $491,792 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $325,731 | CurrentTaxYearAmt |
| Total | $2,350,358 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $724,542 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $490,956 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $317,337 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $491,792 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $325,731 | CurrentTaxYearAmt |
| Total | $2,350,358 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $65,386 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,284,972 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $64,574 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $59,832 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $78,015 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $85,502 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $82,044 | CurrentTaxYearAmt |
| Total | $369,967 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $2,720,325 | TotalSupportAmt |
| Public Support CY170 | 0.84000 | PublicSupportCY170Pct |
| Public Support PY170 | 0.86660 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,640,561 | BeginningYearBalanceAmt |
| Contributions | $77,258 | ContributionsAmt |
| Investment Earnings Or Losses | $303,480 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $80,562 | GrantsOrScholarshipsAmt |
| Other Expenditures | $24,504 | OtherExpendituresAmt |
| Administrative Expenses | $9,685 | AdministrativeExpensesAmt |
| End Year Balance | $2,906,548 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,645,455 | BeginningYearBalanceAmt |
| Contributions | $192,476 | ContributionsAmt |
| Investment Earnings Or Losses | -$82,657 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $76,465 | GrantsOrScholarshipsAmt |
| Other Expenditures | $28,750 | OtherExpendituresAmt |
| Administrative Expenses | $9,498 | AdministrativeExpensesAmt |
| End Year Balance | $2,640,561 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,550,093 | BeginningYearBalanceAmt |
| Contributions | $109,050 | ContributionsAmt |
| Investment Earnings Or Losses | $82,211 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $67,907 | GrantsOrScholarshipsAmt |
| Other Expenditures | $20,290 | OtherExpendituresAmt |
| Administrative Expenses | $7,702 | AdministrativeExpensesAmt |
| End Year Balance | $2,645,455 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,168,368 | BeginningYearBalanceAmt |
| Contributions | $78,722 | ContributionsAmt |
| Investment Earnings Or Losses | $372,533 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $44,957 | GrantsOrScholarshipsAmt |
| Other Expenditures | $17,083 | OtherExpendituresAmt |
| Administrative Expenses | $7,490 | AdministrativeExpensesAmt |
| End Year Balance | $2,550,093 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,843,776 | BeginningYearBalanceAmt |
| Contributions | $167,356 | ContributionsAmt |
| Investment Earnings Or Losses | $220,742 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $43,837 | GrantsOrScholarshipsAmt |
| Other Expenditures | $13,366 | OtherExpendituresAmt |
| Administrative Expenses | $6,303 | AdministrativeExpensesAmt |
| End Year Balance | $2,168,368 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00790 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.71870 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.27340 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Funds in custody | Desc |
| Amt | $66,233 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $66,233 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $702,889 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $294,800 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $294,800 | RevenueNotReportedAmt |
| Revenue Subtotal | $408,089 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $10,194 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $10,194 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $418,283 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $250,621 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $250,621 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $10,194 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $10,194 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $260,815 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | To provide scholarships for students of Owens Community College, and to provide program assistance to the college's departments. |
| Part X, Line 2: | The Internal Revenue Service, in a letter dated September 29, 1997 and again on September 22, 2004, determined that the Foundation was exempt from federal income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code. 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 if the foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities. Management has analyzed the tax positions taken by the Foundation and has concluded that as of June 30, 2017 and 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability 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. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| Owens State Community College | ||||||||||
| PO Box 10000 | Toledo | OH | 436991947 | 341059164 | Section 115 | $52,204 | $5,000 | FMV | VEHICLES | Program and capital support |
| (no name) | ||||||||||
| Program support | ||||||||||
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 214 | RecipientCnt |
| Cash Grant | $153,770 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Owens Community College Foundation solicits applications from students and the financial aid office provides relevant information, including financial need, for each applicant. A scholarship committee consisting of staff members of Owens Community College is appointed by the Foundation's executive director to review the applications and select the award recipients based on the criteria that is set forth for the various scholarship funds. These criteria include such things as financial need, grade point average, and area of study. | ExplanationTxt |
Schedule M IRS990ScheduleM
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | The Form 990 is provided to the board of directors prior to filing. |
| Form 990, Part VI, Section B, line 12c | The board members complete and sign an annual conflict of interest questionnaire disclosing potential conflicts. Conflicts of interest are monitored and enforced through the Owens Community College Foundation committee on governance. The Foundation has a policy on conflicts of interest. Each year board members are required to complete a director questionnaire disclosing any potential conflicts. Should a conflict arise, the board member having the conflict of interest will be required to refrain from participaing in the discussion, consideration of, and voting on any matter related to the applicable conflict. |
| Form 990, Part VI, Section C, line 19 | Documents are available upon request. The governing documents and financial statements are available on the organization's website. |