2016-01-29T14:58:04-06:00 2015-06-30 310800053 CLARK SCHAEFER HACKETT & CO 14 E MAIN STREET SUITE 500 SPRINGFIELD OH 45502 990 2014-07-01 201625785 OWENS COMMUNITY COLLEGE FOUNDATION OWEN 5676617641 PO BOX 10000 TOLEDO OH 436991947 JEFF KEIM FOUNDATION EXECUTIVE DIRECTOR 5376617641 2016-01-29 1 JESSE YOUNG P01236247 9373992000 2016-01-29 2014 2016-04-25 22:37:26Z JEFF KEIM PO BOX 10000 TOLEDO OH 436991947 1014596 0 X WWW.OWENS.EDU X 2003 OH 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. 27 27 0 0 0 0 490956 317337 0 0 157038 200596 0 0 647994 517933 385975 317526 0 0 0 0 0 0 8242 40296 35272 426271 352798 221723 165135 3612721 3661964 125833 106064 3486888 3555900 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. 0 0 186981 186981 THE FOUNDATION AWARDED 253 SCHOLARSHIPS TO STUDENTS TO COVER TUITION, FEES, AND OTHER EDUCATIONAL EXPENSES TO ATTEND OWENS COMMUNITY COLLEGE. 40000 40000 THE FOUNDATION PROVIDED A "GATEWAY TO COLLEGE" GRANT FROM THE GATEWAY TO COLLEGE NATIONAL NETWORK. THIS IS A COLLEGE-BASED DUAL CREDIT PROGRAM THAT SERVES ELIGIBLE STUDENTS WHO HAVE DROPPED OUT OF (OR UNLIKELY TO GRADUATE FROM) HIGH SCHOOL, AND WHO SIMULTANEOUSLY EARN A HIGH SCHOOL DIPLOMA AND SUBSTANTIAL COLLEGE CREDIT. 90545 90545 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. 317526 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X PATRICIA SMITH 5676617641 PO BOX 10000 TOLEDO OH 436991947 X DANIEL E KIMMET CHAIRMAN 2.00 X X 0 0 0 JAMES H GEERS VICE CHAIRMAN 2.00 X X 0 0 0 DIANA H TALMAGE SECRETARY 2.00 X X 0 0 0 ALAN M SATTLER TREASURER 2.00 X X 0 0 0 JAMES W BAEHREN DIRECTOR-AT-LARGE 0.50 X 0 0 0 L MICHAEL BOWER DIRECTOR-AT-LARGE 0.50 X 0 0 0 JAMES F CARTER DIRECTOR-AT-LARGE 0.50 X 0 0 0 MICHAEL E DUFFEY DIRECTOR-AT-LARGE 0.50 X 0 0 0 LINDA EWING DIRECTOR-AT-LARGE 0.50 X 0 0 0 MATT A FEASEL DIRECTOR-AT-LARGE 0.50 X 0 0 0 SHARON GIGANDET DIRECTOR-AT-LARGE 0.50 X 0 0 0 ANDREA M GURSCIK DIRECTOR-AT-LARGE 0.50 X 0 0 0 THOMAS L HOSLER DIRECTOR-AT-LARGE 0.50 X 0 0 0 JEANNE Y HYLANT DIRECTOR-AT-LARGE 0.50 X 0 0 0 LOUISE A JACKSON DIRECTOR-AT-LARGE 0.50 X 0 0 0 ANTHONY JUSTICE DIRECTOR-AT-LARGE 0.50 X 0 0 0 KATHERINE KREUCHAUF DIRECTOR-AT-LARGE 0.50 X 0 0 0 ALLAN J LIBBE DIRECTOR-AT-LARGE 0.50 X 0 0 0 RONALD W MATTER DIRECTOR-AT-LARGE 0.50 X 0 0 0 DAVID J MCMACKEN DIRECTOR-AT-LARGE 0.50 X 0 0 0 MATTHEW J MISHLER DIRECTOR-AT-LARGE 0.50 X 0 0 0 THOMAS F POUNDS DIRECTOR-AT-LARGE 0.50 X 0 0 0 PHILIP J RUDOLPH JR DIRECTOR-AT-LARGE 0.50 X 0 0 0 JACK SCULFORT DIRECTOR-AT-LARGE 0.50 X 0 0 0 ARTHUR H SMITH DIRECTOR-AT-LARGE 0.50 X 0 0 0 DAVID L WHIKEHART DIRECTOR-AT-LARGE 0.50 X 0 0 0 JOHN ZAJAC DIRECTOR-AT-LARGE 0.50 X 0 0 0 LAURA MOORE INTERIM EXECUTIVE DIRECTOR 30.00 X 0 0 0 0 0 0 0 0 0 0 0 317337 317337 78015 78015 619244 496663 122581 122581 122581 517933 0 0 200596 130545 130545 186981 186981 7965 7965 9493 9493 1876 1876 3244 3244 CULTIVATION / PUBLIC RE 8242 8242 FOOD SERVICE 4252 4252 MISCELLANEOUS 200 200 352798 317526 27030 8242 606982 488949 129082 104488 2876657 3068527 3612721 3661964 69210 55135 56623 50929 125833 106064 X 378983 347891 1386015 1378061 1721890 1829948 3486888 3555900 3612721 3661964 165135 -96123 0 X 0 1 X 0 0 X 424917 625857 724542 490956 317337 2583609 424917 625857 724542 490956 317337 2583609 62783 2520826 51434 56999 64574 59832 78015 310854 2894463 0.87090 0.63970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2550093 109050 82211 67907 20290 7702 2645455 2168368 78722 372533 44957 17083 7490 2550093 1843776 167356 220742 43837 13366 6303 2168368 1713590 189998 1171 39959 15840 5184 1843776 1416223 86133 283687 72453 1713590 0.00800 0.69170 0.30030 1 0 0 FUNDS IN CUSTODY 50929 50929 X 412317 -96123 -96123 508440 9493 9493 517933 343305 0 343305 9493 9493 352798 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, 2015 AND 2014, 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. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2010. 1 OWENS STATE COMMUNITY COLLEGE PO BOX 10000 TOLEDO OH 436991947 341059164 SECTION 115 125545 PROGRAM AND CAPITAL SUPPORT REGIONAL GROWTH PARTNERSHIP 300 MADISON AVENUE NO 270 TOLEDO OH 43604 341823833 501(C)(6) 5000 PROGRAM SUPPORT 2 SCHOLARSHIPS 253 186981 PART I, LINE 2: 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. FORM 990, PART VI, SECTION B, LINE 11 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.