2017-12-19T16:52:57-06:00 2017-06-30 860133881 HENRY & HORNE LLP 2055 E WARNER RD STE 101 TEMPE AZ 85284 990 2016-07-01 237232985 YAVAPAI COLLEGE FOUNDATION INC YAVA 9287762063 1100 E SHELDON ST PRESCOTT AZ 86301 DON MICHELMAN PRESIDENT 9287762063 2017-12-18 1 COLETTE KAMPS CPA P00367616 4808394900 2017-12-18 70.166.220.114 2017-12-18 12:26:03 US P A00041934720EB865986B05EBF1D2E1BE04F9C86 AF2378FD9713AE9D9202BF6EA5223FAD57B118DA 2016 2018-03-14 21:41:22Z PAUL KIRCHGRABER 1100 E SHELDON ST PRESCOTT AZ 86301 2613574 0 X WWW.YC.EDU/YCF X 1971 AZ SUPPORT SCHOLARSHIPS, FACULTY DEVELOPMENT AND PROGRAMS THAT ENRICH YAVAPAI COLLEGE AND COMMUNITY. 24 24 0 109 0 0 1484627 1262068 602978 568848 295772 366145 139843 148614 2523220 2345675 891668 1233395 0 0 338437 302237 0 0 89546 624676 645847 1854781 2181479 668439 164196 13704203 15187293 667917 727964 13036286 14459329 THE FOUNDATION SUPPORTS YAVAPAI COLLEGE IN FULFILLING ITS MISSION TO PROVIDE HIGH QUALITY, COST EFFECTIVE EDUCATION. THE FOUNDATION SUPPORTS STUDENT SCHOLARSHIPS, FACULTY DEVELOPMENT AND PROGRAMS THAT ENRICH BOTH CAMPUS AND COMMUNITY LIFE. 0 0 1940718 1233395 568848 THE MAJOR ACTIVITIES OF THE FOUNDATION INCLUDE PROVIDING SCHOLARSHIPS TO COLLEGE STUDENTS, CAPITAL ADDITIONS TO THE COLLEGE, ADMINISTRATIVE AND FINANCIAL SERVICES TO THE YAVAPAI COLLEGE PERFORMING ARTS CENTER AND FINANCIAL RESOURCES FOR MANY ACADEMIC PROGRAMS OFFERED AT THE COLLEGE. 1940718 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 34 0 0 0 0 0 0 0 1 1 0 0 0 1 0 X 24 24 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 AZ X THE ORGANIZATION 9287762063 1100 E SHELDON ST PRESCOTT AZ 86301 CLAIRE LOUGE DIRECTOR 1.00 X 0 0 0 DAVID MAURER DIRECTOR 1.00 X 0 0 0 KAREN RIZK DIRECTOR 1.00 X 0 0 0 ANNE BARTON DIRECTOR 1.00 X 0 0 0 CINDY NYMAN DIRECTOR 1.00 X 0 0 0 CLINT EWELL DIRECTOR 1.00 X 0 0 0 DOUGAL REEVES DIRECTOR 1.00 X 0 0 0 FRANK T FITZGERALD DIRECTOR 1.00 X 0 0 0 PAM HABER DIRECTOR 1.00 X 0 0 0 ERNIE JONES DIRECTOR 1.00 X 0 0 0 MIKE RETHMAN DIRECTOR 1.00 X 0 0 0 ROBERT SCHMITT DIRECTOR 1.00 X 0 0 0 CHARLES THOMAS DIRECTOR 1.00 X 0 0 0 ANGELA WALKER-WEBER DIRECTOR 1.00 X 0 0 0 PENELOPE WILLS DIRECTOR 1.00 X 0 0 0 PHIL WINKELSTERN DIRECTOR 1.00 X 0 0 0 JEFF WASOWICZ DIRECTOR 1.00 X 0 0 0 JEAN N PHILLIPS DIRECTOR 1.00 X 0 0 0 JOAN MEYERS DIRECTOR 1.00 X 0 0 0 JUDY EGAN DIRECTOR 1.00 X 0 0 0 PATRICIA MCCARVER DIRECTOR 1.00 X 0 0 0 ANNA BOMBARDIERI THRU 816 DIRECTOR 1.00 X 0 0 0 GARY SNYER THRU 916 DIRECTOR 1.00 X 0 0 0 BILL MILLER DIRECTOR 1.00 X 0 0 0 CAROLYN LEE SECRETARY 1.00 X X 0 0 0 HOWARD MOODY TREASURER 1.00 X X 0 0 0 VALERIE WOOD 2ND VICE PRESIDENT 1.00 X X 0 0 0 DON MICHELMAN 1ST VICE PRESIDENT 1.00 X X 0 0 0 PERRY MASSIE PRESIDENT 1.00 X X 0 0 0 JEANNE WELCH DIRECTOR OF FINANCE & OPER 30.00 10.00 X 0 64214 18738 STEVE WALKER THRU 117 EXECUTIVE DIRECTOR 15.00 25.00 X X 0 167204 16995 PAUL KIRCHGRABER AS OF 317 EXECUTIVE DIRECTOR 15.00 25.00 X X 0 71875 11899 0 303293 47632 0 0 1 0 0 28660 1233408 122579 1262068 COMMUNITY EVENTS PROGR 711190 568488 568488 PROGRAM SERVICE INCOME 611710 360 360 568848 324557 324557 124392 4639 119753 119753 119753 291763 250175 41588 41588 41588 41946 28660 13085 28861 28861 2345675 568848 0 514759 1233395 1233395 108469 38102 59063 11304 193768 93542 27546 72680 500 500 15478 15478 24497 24497 13950 7148 6802 400 200 200 11547 5003 5217 1327 41861 40879 919 63 10794 451 7962 2381 TALENT FEES 418663 418663 BANK AND CREDIT CARD FE 55231 55231 FOOD COSTS 18581 18534 47 ENTERTAINMENT LICENSING 17563 17563 16782 11507 3484 1791 2181479 1940718 151215 89546 444580 231435 286940 287314 267848 248604 2090 41350 31338 639242 413127 230754 226115 11907854 13725772 524877 434625 13704203 15187293 322 1925 362339 489075 138235 104897 167021 132067 667917 727964 X 1121865 1312109 2927848 3812282 8986573 9334938 13036286 14459329 13704203 15187293 X 164196 1229099 29748 X 0 1 X 1 0 X 1115549 1632699 1517549 1484627 1262068 7012492 22310 20125 20125 18700 18700 99960 1137859 1652824 1537674 1503327 1280768 7112452 534107 6578345 325857 808738 406636 403026 324557 2268814 896 896 9382162 3007719 0.70120 0.70760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4650 0 10155711 493143 1356948 -490696 11515106 10206110 400594 45592 -496585 10155711 9624376 683370 309187 -410823 10206110 8359676 511957 1107845 -355102 9624376 7640504 357298 676155 -314281 8359676 0.01520 0.89780 0.08700 0 0 192096 192096 447146 307274 139872 105853 -105853 226115 PAYABLE TO YAVAPAI COLLEGE 132067 132067 X 3603364 1229099 18700 29748 1277547 2325817 24497 -4639 19858 2345675 2180321 18700 4639 23339 2156982 24497 24497 2181479 PART III, LINE 4: THE FOUNDATION'S ART HOLDINGS CONSIST OF A PAINTING BY MARILYN J. SUNDERMAN AND A COLLECTION OF PAINTINGS BY DEL DECIL. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF 146 FUNDS, INCLUDING DONOR-RESTRICTED FUNDS, A BOARD-DESIGNATED FUND, AND A TERM FUND. THE FUNDS ARE ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: THE FOUNDATION RECOGNIZES UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AT JUNE 30, 2017, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF PERPETUAL TRUST 29,748. PART XI, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE NETTED WITH RENTAL INCOME -4,639. PART XII, LINE 2D - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE NETTED AGAINST RENTAL INCOME 4,639. SOUTHWEST WINE & DINE IN THE VINES 25906 9200 16706 142 600 690 FRAMING THE FUTURE 25509 18460 7049 1866 1790 15 7 19191 1000 18191 2385 5147 450 70606 28660 41946 1866 2385 7079 600 1155 13085 28861 1 YAVAPAI COLLEGE 1100 E SHELDON ST PRESCOTT AZ 86301 860208371 N/A 1110816 122579 FMV VARIOUS EQUIPMENT AND SUPPLIES FOR USE IN COLLEGE PROGRAMS SCHOLARSHIPS AND PROGRAM SUPPORT 1 0 PART I, LINE 2: THE FOUNDATION OPERATES FOR THE BENEFIT OF THE COLLEGE AND HAS AN ONGOING WORKING RELATIONSHIP WITH THE COLLEGE, THE ONLY RECIPIENT OF SUPPORT FROM THE FOUNDATION. FOR ANY AMOUNTS DESIGNATED FOR SCHOLARSHIPS, THE COLLEGE FINANCIAL AID DEPARTMENT PROVIDES REPORTS BACK TO THE FOUNDATION ON THE RECIPIENTS AND AMOUNTS AWARDED TO EACH RECIPIENT. 0 0 0 0 0 0 0 0 0 STEVE WALKER THRU 117 EXECUTIVE DIRECTOR 0 167204 0 0 0 0 0 15195 0 1800 0 184199 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF YAVAPAI COLLEGE. YAVAPAI COLLEGE FOUNDATION REIMBURSES THE COLLEGE FOR THE PORTION OF THE EXECUTIVE DIRECTOR'S WAGES, BASED ON TIME SPENT ON THE FOUNDATION. X 2 4500 FAIR VALUE X 2 7200 FAIR VALUE X AUDIO/VIDEO/LIGHTING EQUIPMENT 1 60000 FAIR VALUE X PIANOS AND OTHER MUSICAL INSTRUMENTS 3 18700 FAIR VALUE X OZONE SANITATION EQUIPMENT 1 12000 FAIR VALUE X METAL AWNINGS 1 10400 FAIR VALUE X MISCELLANEOUS ITEMS 11 4981 FAIR VALUE X BOOKS AND SCHOOL MATERIALS 6 4673 FAIR VALUE X GIFT CARDS 2 125 FAIR VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER INCLUDED IN COLUMN B OF PART I REPRESENTS THE NUMBER OF DONATIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION HAS MEMBERS IN THEIR AFFILIATE GROUPS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE ANNUALLY TO ELECT NEW BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE AND FINANCE COMMITTEE BEFORE THE FORM IS FILED. CERTAIN KEY AREAS OF THE FORM 990 ARE REVIEWED AND ANY QUESTIONS OF THE COMMITTEE ARE ANSWERED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT ADDRESSES THE CONSIDERATION OF POTENTIAL CONFLICTS OF INTEREST BY THE BOARD OF DIRECTORS, COMMITTEE MEMBERS, VOLUNTEERS, KEY EMPLOYEES, AND THEIR RELATIVES. AS PER THE POLICY, BOARD AND COMMITTEE MEMBERS MUST MAKE DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST AND MUST ABSTAIN FROM VOTING ON ANY ACTION IN WHICH THEY MAY HAVE AN INTEREST. ON AN ANNUAL BASIS, ALL BOARD MEMBERS ARE REQUIRED TO SIGN OFF ON AN ANNUAL CONFLICT OF INTEREST FORM, EITHER STATING ANY KNOWN CONFLICTS, OR STATING THAT THERE ARE NONE. FORM 990, PART VI, SECTION B, LINE 15 PART VI, SECTION B, LINE 15 A AND B: THE ORGANIZATION DOES NOT HAVE EMPLOYEES. SALARIES ARE DETERMINED AT THE DISCRETION OF THE COLLEGE, WHO HIRES THE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF PERPETUAL TRUST 29,748. YAVAPAI COLLEGE 1100 E SHELDON ST PRESCOTT AZ 86301 860208371 COMMUNITY COLLEGE AZ N/A N/A N/A 0 0 1 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0