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FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC (EIN 56-1070364)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-13
IRS object ID
201621349349303272
Schema version
2014v6.0
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

FieldValueIRS element (for citing)
Return2016-05-13T10:55:30-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560727655PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CANNON & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12160 COUNTRY CLUB RDAddressLine1Txt
CityWINSTONSALEMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP271044208ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN561070364EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FORSYTH TECHNICAL COMMUNITY COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFORSBusinessNameControlTxt
Phone3367347540PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12100 SILAS CREEK PARKWAYAddressLine1Txt
CityWINSTONSALEMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWENDY R EMERSONPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3367347540PhoneNum
Signature2016-05-10SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD J TAMERPreparerPersonNm
PTINP00913572PTIN
Phone3367250635PhoneNum
Preparation2016-05-10PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWENDY R EMERSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12100 SILAS CREEK PARKWAYAddressLine1Txt
CityWINSTONSALEMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$980,623GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FORSYTHTECH.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1973FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTHE PURPOSES OF THE FOUNDATION ARE TO FOSTER PUBLIC UNDERSTANDING OF, AND SUPPORT FOR, FORSYTH TECHNICAL COMMUNITY COLLEGE AND TO SOLICIT AND PROMOTE DONATIONS OF ANY KIND FOR THE EXCLUSIVE BENEFIT OF THE COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body27VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,015,046PYContributionsGrantsAmt
CY Contributions Grants$858,501CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$98,059PYInvestmentIncomeAmt
CY Investment Income$122,122CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,113,105PYTotalRevenueAmt
CY Total Revenue$980,623CYTotalRevenueAmt
PY Grants And Similar Paid$2,412,784PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,344,398CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$90,850CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$98,173CYTotalFundraisingExpenseAmt
PY Other Expenses$88,570PYOtherExpensesAmt
CY Other Expenses$58,489CYOtherExpensesAmt
PY Total Expenses$2,501,354PYTotalExpensesAmt
CY Total Expenses$2,493,737CYTotalExpensesAmt
PY Revenues Less Expenses-$1,388,249PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,513,114CYRevenuesLessExpensesAmt
Total Assets BOY$6,300,213TotalAssetsBOYAmt
Total Assets EOY$4,683,934TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,300,213NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,683,934NetAssetsOrFundBalancesEOYAmt
MissionTHE PURPOSES OF THE FOUNDATION ARE TO FOSTER PUBLIC UNDERSTANDING OF, AND SUPPORT FOR, FORSYTH TECHNICAL COMMUNITY COLLEGE AND TO SOLICIT AND PROMOTE DONATIONS OF ANY KIND FOR THE EXCLUSIVE BENEFIT OF THE COLLEGE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$294,363ExpenseAmt
Grant$294,363GrantAmt
DescVARIOUS ENDOWMENTS AND SCHOLARSHIPS AWARDED TO STUDENTS AT FORSYTH TECHNICAL COMMUNITY COLLEGE TO HELP FINANCE THEIR HIGHER EDUCATION AND ENHANCE THE COMMUNITY THROUGH THIS EDUCATION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,068,331ExpenseAmt
Grant$2,050,035GrantAmt
DescCONTRIBUTIONS TO FORSYTH TECHNICAL COMMUNITY COLLEGE FOR THE SUPPORT OF THEIR 189 EDUCATIONAL PROGRAMS PROVIDED TO OVER 10,000 CREDIT STUDENTS AND 30,000 CORPORATE AND CONTINUING EDUCATION STUDENTS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,362,694TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members27GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FORSYTH TECHNICAL COMMUNITY COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3367347450PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12100 SILAS CREEK PARKWAYAddressLine1Txt
CityWINSTON SALEMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27103ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
MR LOUIS B BALDWIN JR
DIRECTOR1.000.00Yes (X)$0$0$0
MS LYNN BOOE
DIRECTOR1.000.00Yes (X)$0$0$0
MR ALGENON L CASH
DIRECTOR1.000.00Yes (X)$0$0$0
MR C DOUGLAS CROSS
DIRECTOR1.000.00Yes (X)$0$0$0
MR L DUANE DAVIS
DIRECTOR1.000.00Yes (X)$0$0$0
MR DAVID C EAGAN
DIRECTOR1.000.00Yes (X)$0$0$0
MR DEREK EDWARDS
DIRECTOR1.000.00Yes (X)$0$0$0
MR JIMMY FLYTHE
CHAIRMAN5.000.00Yes (X)$0$0$0Yes (X)
MR OMNIA FOWLER
DIRECTOR1.000.00Yes (X)$0$0$0
MR MICHAEL L HAUSER
DIRECTOR1.000.00Yes (X)$0$0$0
MS NANCY HAWLEY
VICE CHAIR5.000.00Yes (X)$0$0$0Yes (X)
MR CHARLES R HELSABECK
DIRECTOR1.000.00Yes (X)$0$0$0
MS BETH HOPKINS
DIRECTOR1.000.00Yes (X)$0$0$0
MS ANDREA D KEPPLE
DIRECTOR1.000.00Yes (X)$0$0$0
MR CURTIS LEONARD
DIRECTOR1.000.00Yes (X)$0$0$0
MRS MARTHA LOGEMANN
DIRECTOR1.000.00Yes (X)$0$0$0
MS C LYNN MICHAEL
DIRECTOR1.000.00Yes (X)$0$0$0
MS JOANNE C RUHLAND
DIRECTOR1.000.00Yes (X)$0$0$0
MS HEATHER M ROBINSON
DIRECTOR1.000.00Yes (X)$0$0$0
MR SEAN M SANZ
DIRECTOR1.000.00Yes (X)$0$0$0
MR ANTHONY K SLATER
DIRECTOR1.000.00Yes (X)$0$0$0
MS KIMBERLY H STOGNER
DIRECTOR1.000.00Yes (X)$0$0$0
MS MARY TUCKER
DIRECTOR1.000.00Yes (X)$0$0$0
MR EDWIN L WELCH JR
DIRECTOR1.000.00Yes (X)$0$0$0
MR BRAD WESTMORELAND
DIRECTOR1.000.00Yes (X)$0$0$0
DR GARY M GREEN
SECRETARY5.0040.00$0$326,717$48,442Yes (X)
MS MAMIE M SUTPHIN
EXECUTIVE DI5.0040.00$0$120,674$24,216Yes (X)
MS WENDY R EMERSON
TREASURER5.0040.00$0$114,710$23,607Yes (X)
FieldValueIRS element (for citing)
Tot Reportable Comp Rltd Org$562,101TotReportableCompRltdOrgAmt
Total Other Compensation$96,265TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$858,501AllOtherContributionsAmt
Noncash Contributions$67,167NoncashContributionsAmt
Total Contributions$858,501TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$122,122TotalRevenueColumnAmt
Exclusion$122,122ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$980,623TotalRevenueColumnAmt
Exclusion$122,122ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,329,451TotalAmt
Program Services$2,329,451ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$14,947TotalAmt
Program Services$14,947ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,400TotalAmt
Management And General$4,400ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$90,850TotalAmt
Fundraising$90,850FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$18,780TotalAmt
Management And General$18,780ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,040TotalAmt
Management And General$993ManagementAndGeneralAmt
Fundraising$47FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,053TotalAmt
Management And General$7,053ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$672TotalAmt
Fundraising$672FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MISC EXPENSE$19,940$18,296$1,644
RESOURCE DEVELOPMENT$6,604$6,604

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,493,737TotalAmt
Program Services$2,362,694ProgramServicesAmt
Management And General$32,870ManagementAndGeneralAmt
Fundraising$98,173FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$101,187BOYAmt
EOY$150,453EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,943,361BOYAmt
EOY$4,268,119EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$967BOYAmt
EOY$8,111EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$190,000LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$190,000BOYAmt
EOY$190,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$64,698BOYAmt
EOY$67,251EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,300,213BOYAmt
EOY$4,683,934EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,373,758BOYAmt
EOY$975,984EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,250,992BOYAmt
EOY$1,351,536EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,675,463BOYAmt
EOY$2,356,414EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,300,213BOYAmt
EOY$4,683,934EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,300,213BOYAmt
EOY$4,683,934EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,513,114ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$103,165NetUnrlzdGainsLossesInvstAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,446,698CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,262,647CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$705,900CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,015,046CurrentTaxYearMinus1YearAmt
Current Tax Year$858,501CurrentTaxYearAmt
Total$5,288,792TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,446,698CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,262,647CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$705,900CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,015,046CurrentTaxYearMinus1YearAmt
Current Tax Year$858,501CurrentTaxYearAmt
Total$5,288,792TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$977,400SubstantialContributorsTotAmt
Public Support Total170$4,311,392PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$218,535CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$89,963CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$90,025CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$98,059CurrentTaxYearMinus1YearAmt
Current Tax Year$122,122CurrentTaxYearAmt
Total$618,704TotalAmt
FieldValueIRS element (for citing)
Total Support$5,907,496TotalSupportAmt
Public Support CY1700.72980PublicSupportCY170Pct
Public Support PY1700.72960PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,282,517BeginningYearBalanceAmt
Contributions$81,450ContributionsAmt
Investment Earnings Or Losses$1,286InvestmentEarningsOrLossesAmt
Other Expenditures$5,155OtherExpendituresAmt
Administrative Expenses$3,206AdministrativeExpensesAmt
End Year Balance$2,356,892EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,125,807BeginningYearBalanceAmt
Contributions$102,450ContributionsAmt
Investment Earnings Or Losses$57,228InvestmentEarningsOrLossesAmt
Administrative Expenses$2,968AdministrativeExpensesAmt
End Year Balance$2,282,517EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,010,875BeginningYearBalanceAmt
Contributions$92,175ContributionsAmt
Investment Earnings Or Losses$25,475InvestmentEarningsOrLossesAmt
Administrative Expenses$2,718AdministrativeExpensesAmt
End Year Balance$2,125,807EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,960,471BeginningYearBalanceAmt
Contributions$46,975ContributionsAmt
Investment Earnings Or Losses$5,720InvestmentEarningsOrLossesAmt
Administrative Expenses$2,291AdministrativeExpensesAmt
End Year Balance$2,010,875EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,654,956BeginningYearBalanceAmt
Contributions$170,117ContributionsAmt
Investment Earnings Or Losses$138,288InvestmentEarningsOrLossesAmt
Administrative Expenses$2,890AdministrativeExpensesAmt
End Year Balance$1,960,471EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$190,000OtherCostOrOtherBasisAmt
Book Value$190,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$190,000TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$749,494TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$103,165NetUnrealizedGainsInvstAmt
Revenue Not Reported-$103,165RevenueNotReportedAmt
Revenue Subtotal$852,659RevenueSubtotalAmt
Investment Expenses Not Incld$18,780InvestmentExpensesNotIncldAmt
Other Revenues Not Included$109,184OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$127,964RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$980,623TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,439,508TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,439,508ExpensesSubtotalAmt
Investment Expenses Not Incld2$18,780InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$1,035,449OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,054,229ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,493,737TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 3, PART XTHE FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION, INC. IS AN EXEMPT FOUNDATION UNDER SECTION 501(C) (3) OF THE UNITED STATES INTERNAL REVENUE CODE. CONSEQUENTLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING STATEMENTS. THE FOUNDATION'S MANAGEMENT BELIEVES THAT THERE IS A BASIS FOR ALL TAX POSITIONS TAKEN BY THE FOUNDATION IN THEIR TAX RETURNS. THEREFORE, THERE ARE NO UNCERTAIN POSITIONS DISCLOSED IN THESE FINANCIAL STATEMENTS. THOUGH THE FOUNDATION HAS NOT BEEN NOTIFIED OF ANY PENDING AUDITS, ALL TAX YEARS ENDING AFTER JUNE 30, 2012 ARE STILL SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
SCHEDULE D, PAGE 4, PART XI, LINE 4BACCRUAL TO CASH BASIS CONVERSION 109,184
SCHEDULE D, PAGE 4, PART XII, LINE 4BACCRUAL TO CASH CONVERSION 1,035,449

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
JEROLD PANAS LINZY & PARTNERS INC
500 NORTH MICHIGAN AVENUECHICAGOIL60611CONSULTfalse$58,250-$58,250
JEROLD PANAS LINZY & PARTNERS INC
500 NORTH MICHIGAN AVENUECHICAGOIL60611STUDYfalse$32,600-$32,600
FieldValueIRS element (for citing)
Total Retained By Contractors$90,850TotalRetainedByContractorsAmt
Total Net To Organization-$90,850TotalNetToOrganizationAmt
Licensed StatesNCLicensedStatesCd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PAGE 1, PART I, LINE 2B, COLUMN (V)FormAndLineReferenceDesc
ExplanationJEROLD PANAS, LINZY & PARTNERS, INC CAMPAIGN CONSULTING SERVICE JEROLD PANAS, LINZY & PARTNERS, INC FEASIBILITY STUDYExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
FORSYTH TECH COMM COLLEGE
2100 SILAS CREEK PARKWAYWINSTONSALEMNC27103560792614501C 3$1,967,921$67,167FMVEQUIP, BOOKS,EDUCATION PROGRAMS
FORSYTH TECH COMM COLLEGE
2100 SILAS CREEK PARKWAYWINSTONSALEMNC27103560792614501C 3$294,363SCHOLARSHIPS
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient18RecipientCnt
Cash Grant$14,947CashGrantAmt
Valuation Method UsedCOSTValuationMethodUsedDesc

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDR GARY M GREENPersonNm
TitleSECRETARYTitleTxt
Compensation Based On Rltd Orgs$326,717CompensationBasedOnRltdOrgsAmt
Deferred Comp Rltd Orgs$44,699DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$489NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$3,254NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$489TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$374,670TotalCompensationRltdOrgsAmt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990Amt
Yes (X)SUPPLIES48$55,748
Yes (X)EQUIPMENT1$11,419
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VIDR. GARY GREEN AND MS. WENDY EMERSON ARE NOT AN INDEPENDENT BOARD MEMBERS SINCE THEY ARE EMPLOYEES OF FORSYTH TECHNICAL COMMUNITY COLLEGE, A RELATED ORGANIZATION.
FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE BEFORE IT IS FILED.
FORM 990, PAGE 6, PART VI, LINE 12CAN ANNUAL CONFLICT OF INTEREST LETTER IS PROVIDED TO THE BOARD MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1FORSYTH TECHNICAL COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12100 SILAS CREEK PKWYAddressLine1Txt
CityWINSTONSALEMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27103ZIPCd
FieldValueIRS element (for citing)
EIN560792614EIN
Primary ActivitiesCOLLEGEPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status5PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
FORSYTH TECHNICAL COMMUNITY COLLEGE
B$2,344,398COST/FMV
FORSYTH TECHNICAL COMMUNITY COLLEGE
N$18,296COST/FMV
FORSYTH TECHNICAL COMMUNITY COLLEGE
O$720COST