2017-10-31T15:18:04-05:00 2016-12-31 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2016-01-01 561604530 cagc foundation inc fka carolinas Construction Education & Research Founda CAGC 7043721450 6115 Park South Drive Suite 350 CHARLOTTE NC 28210 DAVID SIMPSON President & CEO 7043721450 2017-10-25 1 Amanda Adams P00748038 7043771678 68.142.180.174 2017-10-25 19:55:56 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 18694F53AD11E15FFCEA276DE93F63B2E746D691 2016 2021-01-29 14:40:06Z DAVID SIMPSON 6115 Park South Drive Suite 350 CHARLOTTE NC 28210 29427 0 X http://www.cagc.org/CAGC/AtYourService/Foundation X 1987 NC To serve the construction industry by financially supporting excellent workforce development and research programs, activities, and services in the Carolinas. It takes a consolidated effort to continue to aid and promote the construction industry as a profession. 7 7 0 28 0 0 230807 29427 239419 0 30059 0 0 0 500285 29427 0 11850 0 0 224421 0 0 0 0 246351 12397 470772 24247 29513 5180 902932 894183 774 0 902158 894183 X To serve the construction industry by financially supporting excellent workforce development and research programs, activities, and services in the Carolinas. 0 1 11850 11850 Education and Training - Carolinas AGC foundation offers progressive training opportunities for construction trade craftsmen, construction supervisors and executive management. THE foundation is an accredited training sponsor for the National Center for Construction Education and Research (NCCER). As a sponsor THE FOUNDATION offers the NCCER Instructor Certification Training Program. Certified Instructors are qualified to teach NCCER Contren Learning Series curriculum. This curriculum is module based and teaches students knowledge and skills associated with tasks related to a variety of craft trades. Training is conducted in community colleges, technical schools, high schools and within individual construction companies in NC and SC. THE FOUNDATION is an accredited assessment center for NCCER. THE FOUNDATION offers NCCER certification assessments for journey level craftsmen in a variety of craft trades. Upon successful completion, craftsmen receive certification credentials from NCCER. THE FOUNDATION offers a variety of supervisory and management continuing education opportunities. Educational offerings are determined from CAGC'S member input and change based on the changing needs of the industry. THE FOUNDATION offers these courses to CAGC's general membership and as private offerings to member firms. THE FOUNDATION'S public offerings are available to non CAGC members based on space availability. THE FOUNDATION is committed to providing high quality education services for the benefit of its membership and the construction industry in a cost effective manner to help make attendees skilled and valued representatives of the construction industry. 11850 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X DAVID SIMPSON 7043721450 6115 PARK SOUTH DRIVE suite 350 CHARLOTTE NC 28210 Greg Hughes Chair 7.00 X X 0 0 0 Claudia Dodgen Chair Elect 7.00 X X 0 0 0 Charlie Wilson Treasurer 7.00 X X 0 0 0 Edison Cassels CAGC Chair 7.00 X 0 0 0 Luke Blythe Trustee 7.00 X 0 0 0 Steve Corriher Trustee 7.00 X 0 0 0 Sidney Rex Trustee 7.00 X 0 0 0 Dean M Wilson Trustee 7.00 X 0 0 0 David Simpson CEO/President 1.00 49.00 X 0 175071 19071 Patrick Mixon CFO 1.00 19.00 X 0 138356 0 0 313427 19071 0 0 1 0 0 27251 2176 29427 29427 0 0 0 11850 11850 5867 5867 381 381 6149 6149 24247 11850 12397 0 279265 280344 93471 10597 25061 3881 25532 0 452080 519479 0 0 27467 0 56 79882 902932 894183 774 0 774 0 X 879478 871503 22680 22680 902158 894183 902932 894183 5180 -13155 0 X 0 1 X 1 0 X X 1 CAROLINAS AGC INC 560126510 10 1 12231 0 1 12231 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Part IV, Section A, Line 3b: CAGC Foundation, Inc. confirmed that CAGC, Inc. met the public support test by having their tax preparer make the calculation for 2016 Part IV, Section A, Line 3c Grants are not made to CAGC, Inc., instead the CAGC Foundation, Inc. makes scholarship grants to individuals RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22680 22680 22680 22680 22680 22680 22680 22680 22680 22680 1.00000 0 0 0 Due from CAGC, Inc. 79882 79882 Part V, Line 4: PERMANENTLY RESTRICTED NET ASSETS AS OF DECEMBER 31, 2016 REPRESENT DONOR-RESTRICTED FUNDS THAT WERE CONTRIBUTED TO THE FOUNDATION TO ESTABLISH AN ENDOWMENT FUND IN THE HONOR OF A FORMER EMPLOYEE. THE FOUNDATION HAS CLASSIFIED, AS PERMANENTLY RESTRICTED, THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT. THE FOUNDATION HAS ESTABLISHED FORMAL INVESTMENT AND SPENDING POLICIES RELATED TO THE MANAGEMENT OF THESE FUNDS. 1 Scholarships 6 11850 Part I, Line 2: Payments are made directly to the colleges that recipients are attending. No additional monitoring is done. 0 0 0 0 0 0 0 0 0 David Simpson CEO/President 0 175071 0 0 0 0 0 0 0 19071 0 194142 0 0 Form 990, Part III, line 3 Classes and book sales are no longer part of the foundation activities. Form 990, Part VI, Section A, line 7a CAGC Foundation Board of Trustees, including officers, is appointed by CAGC Board of Directors. The Board of Trustees' terms of office follows the same term year as the Carolinas AGC Board of Directors. Form 990, Part VI, Section A, line 7b THE CAROLINAS AGC, INC. BOARD OF DIRECTORS MUST APPROVE ALL BYLAW CHANGES OF THE FOUNDATION. Form 990, Part VI, Section B, line 11b DIRECTORS AND OFFICERS WILL BE E-MAILED A COPY OF THE FORM 990 FOR REVIEW AND POSITIVE ACKNOWLEDGEMENT PRIOR TO FILING. Form 990, Part VI, Section B, line 12c THE CONFLICT OF INTEREST POLICY IS TO BE REVIEWED ANNUALLY WITH THE BOARD. MEMBERS ARE REQUIRED TO NOTIFY THE foundation IF THEIR STATUS RELATED TO THE CONFLICT OF INTEREST POLICY CHANGES during meetings throughout the year. AFTER DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS by a board member, THAT PERSON SHALL recuse himself/herself from the meeting and/or vote. Form 990, Part VI, Section B, line 15 THE FOUNDATION HAS NO FULL TIME EMPLOYEES. KEY PERSONNEL IN SUPPORT OF THE FOUNDATION ARE EMPLOYEES OF A RELATED 501(C)(6) ORGANIZATION, CAROLINAS AGC, INC., AND ARE SUBJECT TO COMPENSATION, CLASSIFICATION AND ALL OTHER PERSONNEL POLICIES OF THAT ORGANIZATION. CAROLINAS AGC, INC., PERIODICALLY REVIEWS ITS CLASSIFICATION AND COMPENSATION STRUCTURE. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CAROLINAS AGC INC 6115 PARK SOUTH DRIVE SUITE 350 CHARLOTTE NC 28210 560126510 PROMOTE COMMON BUSINESS INTEREST NC 501(C)(6) N/A N/A 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 carolinas agc inc D 79882 Cash