2014-05-13T10:31:34-05:00 2013-06-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2012-07-01 201625785 OWENS STATE COMMUNITY COLLEGE FOUNDATION OWEN 5676617641 PO BOX 10000 TOLEDO OH 436991947 LAURA J MOORE 5676617410 2014-05-12 1 CAROL LALONDE CPA P00181637 2695674500 2012 2015-11-30 17:44:51Z LAURA J MOORE PO BOX 10000 TOLEDO OH 436991947 1725499 0 X WWW.OWENS.EDU X 2004 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. 28 27 0 0 0 0 625857 724542 0 0 142738 184656 0 0 768595 909198 538022 587045 0 0 0 0 0 0 21385 45762 94697 583784 681742 184811 227456 2793882 3132969 154099 173955 2639783 2959014 X 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 199058 199058 THE FOUNDATION AWARDED 266 SCHOLARSHIPS TO STUDENTS TO COVER TUITION, FEES, AND OTHER EDUCATIONAL EXPENSES TO ATTEND OWENS COMMUNITY COLLEGE. 162600 162600 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. 81573 81573 THE FOUNDATION PROVIDED A "CONNECT TO COMPLETE" GRANT FROM CAMPUS COMPACT INC. TO FUND A PROGRAM THAT SEEKS TO INCREASE COMMUNITY COLLEGE STUDENTS' PERSISTENCE TOWARD THEIR CREDENTIALS BY CONNECTING THEM TO PEER ADVOCATES. 143814 143814 THE FOUNDATION PROVIDED A "PROJECT DEGREE GRANT" FROM THE GATEWAY TO COLLEGE NATIONAL NETWORK THAT PROVIDES AT RISK STUDENTS WITH A COHORTED LEARNING COMMUNITY, INTRUSIVE ADVISING AND FINANCIAL INCENTIVES TO PROMOTE RETENTION AND SUCCESS TOWARD A DEGREE. THE FOUNDATION ALSO PROVIDES FUNDING TO VARIOUS COLLEGE DEPARTMENTS AND PROGRAMS FOR EQUIPMENT, SUPPLIES, ADVERTISING, SPECIAL EVENTS, AND ANY OTHER SUPPORT THAT CAN NOT BE SUPPLIED BY THE COLLEGE BUDGET. 143814 143814 587045 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 3 0 0 0 0 0 0 0 0 0 0 0 1 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OH X PATRICIA SMITH 5676617641 PO BOX 10000 TOLEDO OH 436991947 X DANIEL E KIMMET 2.00 X X 0 0 0 JAMES H GEERS 2.00 X X 0 0 0 DIANA H TALMAGE 2.00 X X 0 0 0 ALAN M SATTLER 2.00 X X 0 0 0 JAMES W BAEHREN 0.50 X 0 0 0 L MICHAEL BOWER 0.50 X 0 0 0 JAMES F CARTER 0.50 X 0 0 0 MICHAEL E DUFFEY 0.50 X 0 0 0 LINDA J EWING 0.50 X 0 0 0 MATT A FEASEL 0.50 X 0 0 0 SHARON A GIGANDET 0.50 X 0 0 0 ANDREA M GURCSIK 0.50 X 0 0 0 THOMAS L HOSLER 0.50 X 0 0 0 JEANNIE Y HYLANT 0.50 X 0 0 0 LOUISE A JACKSON 0.50 X 0 0 0 ANTHONY N JUSTICE 0.50 X 0 0 0 KATHERINE KREUCHAUF 0.50 X 0 0 0 ALLAN J LIBBE 0.50 X 0 0 0 RONALD W MATTER 0.50 X 0 0 0 LARRY G MCDOUGLE 0.50 X 0 0 0 DAVID J MCMACKEN 0.50 X 0 0 0 MATTHEW J MISHLER 0.50 X 0 0 0 THOMAS F POUNDS 0.50 X 0 0 0 PHILIP J RUDOLPH JR 0.50 X 0 0 0 JACK T SCULFORT 0.50 X 0 0 0 ARTHUR H SMITH 0.50 X 0 0 0 DAVID L WHIKEHART 0.50 X 0 0 0 JOHN R ZAJAC 0.50 X 0 0 0 TIMOTHY V COLEMAN 0.50 X 0 0 0 DAVID W SEEGER 0.50 X 0 0 0 ELIZABETH ANN SAVAGE 30.00 X 0 0 0 LAURA J MOORE 30.00 X 0 0 0 0 0 0 0 0 0 0 0 724542 724542 64574 64574 936383 816301 120082 120082 120082 909198 0 0 184656 387987 387987 199058 199058 43392 43392 8890 8890 7495 7495 7595 7595 885 885 4529 4529 CULTIVATION / PR 13985 13985 FOOD 7400 7400 BANK SERVICE FEES 402 402 MISCELLANEOUS EXPENSE 124 124 681742 587045 73312 21385 717608 638740 94868 176449 3110 0 1653375 2317780 324921 0 2793882 3132969 97674 121315 56425 52640 154099 173955 X 190173 270638 978480 1049259 1471130 1639117 2639783 2959014 2793882 3132969 227456 91775 0 X 0 1 X 0 0 X 476877 399728 424917 625857 724542 2651921 476877 399728 424917 625857 724542 2651921 840972 1810949 43708 37113 51434 56999 64574 253828 19825 19825 2925574 0.61900 0.66090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1843776 167356 220742 43837 13366 6303 2168368 1713590 189998 1171 39959 15840 5184 1843776 1416223 86133 283687 72453 1713590 1229502 90915 136327 40521 1416223 1469274 70545 -268676 41641 1229502 0.00820 0.75590 0.23590 0 0 0 FUNDS IN CUSTODY 52640 52640 X 993378 91775 91775 901603 7595 7595 909198 674147 0 674147 7595 7595 681742 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE SCHOLARSHIPS FOR STUDENTS OF OWENS COMMUNITY COLLEGE, AND TO PROVIDE PROGRAM ASSISTANCE TO THE COLLEGE'S DEPARTMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2013 AND 2012, 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 381987 0 N/A N/A PROGRAM AND CAPITAL SUPPORT REGIONAL GROWTH PARTNERSHIP 300 MADISON AVE TOLEDO OH 436041568 341823833 501(C)(6) 5000 0 N/A N/A PROGRAM SUPPORT 1 1 SCHOLARSHIPS 254 199058 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 PARTICIPATING IN THE DISCUSSION, CONSIDERATION OF, AND VOTING ON ANY MATTER RELATING 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.