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IVY TECH FOUNDATION INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
IVY TECH FOUNDATION INC (EIN 23-7073977)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-05-10
IRS object ID
201221319349302617
Schema version
2010v3.4
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)
Timestamp2012-05-10T16:17:12-05:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1KSM BUSINESS SERVICES INCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 40857AddressLine1
CityINDIANAPOLISCity
StateINState
ZIP Code462400857ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN237073977EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1IVY TECH FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlIVYTNameControl
Phone3179214749Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 WEST FALL CREEK PARKWAY NORTHAddressLine1
Address Line2DRIVEAddressLine2
CityINDIANAPOLISCity
StateINState
ZIP Code462085752ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameTHOMAS SNYDERName
TitlePRESIDENTTitle
Phone3179214749Phone
Date Signed2012-05-08DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameSCOTT A SCHUSTERName
Phone3175802000Phone
Date Prepared2012-05-08DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonKEVIN HONIGFORDNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line150 WEST FALL CREEK PARKWAY NORTHAddressLine1
Address Line2DRIVEAddressLine2
CityINDIANAPOLISCity
StateINState
ZIP Code462085752ZIPCode
FieldValueIRS element (for citing)
Gross Receipts55802162GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.IVYTECH.EDU/GIVINGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1969YearFormation
State Legal DomicileINStateLegalDomicile
Activity Or Mission DescriptionTO RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY AND TO SOLICIT AND RECEIVE CONTRIBUTIONS AND TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF IVY TECH COMMUNITY COLLEGE.ActivityOrMissionDescription
Nbr Voting Members Governing Body49NbrVotingMembersGoverningBody
Nbr Independent Voting Members48NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers600TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year17570689ContributionsGrantsPriorYear
Contributions Grants Current Year33248339ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year127972InvestmentIncomePriorYear
Investment Income Current Year2911188InvestmentIncomeCurrentYear
Other Revenue Prior Year940984OtherRevenuePriorYear
Other Revenue Current Year751650OtherRevenueCurrentYear
Total Revenue Prior Year18639645TotalRevenuePriorYear
Total Revenue Current Year36911177TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year4113947GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY2369164GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year209804TotalFundrsngExpCurrentYear
Other Expense Prior Year9632805OtherExpensePriorYear
Other Expenses Current Year8862155OtherExpensesCurrentYear
Total Expenses Prior Year13746752TotalExpensesPriorYear
Total Expenses Current Year11231319TotalExpensesCurrentYear
Revenues Less Expenses Prior Year4892893RevenuesLessExpensesPriorYear
Revenues Less Expenses CY25679858RevenuesLessExpensesCY
Total Assets BOY70571979TotalAssetsBOY
Total Assets EOY103473294TotalAssetsEOY
Total Liabilities BOY8638443TotalLiabilitiesBOY
Total Liabilities EOY13937866TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY61933536NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY89535428NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTO RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY AND TO SOLICIT AND RECEIVE CONTRIBUTIONS AND TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF IVY TECH COMMUNITY COLLEGE.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense2059570Expense
Grants2059570Grants
DescriptionSOLICITING, RECEIVING, ADMINISTERING AND DISTRIBUTING DONATIONS FOR FINANCIAL AID FOR STUDENTS ATTENDING IVY TECH COMMUNITY COLLEGE.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense5729025Expense
Grants279594Grants
DescriptionHELPING IVY TECH COMMUNITY COLLEGE OF INDIANA WITH ITS NEEDS FOR LAND, FACILITIES, AND EQUIPMENT.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense942810Expense
DescriptionPROVIDING SUPPORT FOR SPECIAL, INNOVATIVE PROGRAMS OF IVY TECH COMMUNITY COLLEGE OF INDIANA.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense1729342Expense
Grants30000Grants
DescriptionHELPING FUND OTHER PROGRAM EXPENDITURES FOR IVY TECH COMMUNITY COLLEGE OF INDIANA, INCLUDING FACULTY AND STAFF DEVELOPMENT, EMPLOYEE RECOGNITION, AND COMMUNITY OUTREACH EXPENDITURESDescription
FieldValueIRS element (for citing)
Total Of Other Program Service Exp1729342TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt30000TotalOfOtherProgramServiceGrnt
Total Program Service Expense10460747TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art1CollectionsOfArt
Credit Counseling1CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities1ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds1TaxExemptBonds
Invest Tax Exempt Bonds0InvestTaxExemptBonds
Escrow Account0EscrowAccount
On Behalf Of Issuer0OnBehalfOfIssuer
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP1LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity1DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109623NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Form8899 Filed0Form8899Filed
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members49NbrVotingGoverningBodyMembers
Number Independent Voting Members48NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters1LocalChapters
Policies Reference Chapters1PoliciesReferenceChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledINStatesWhereCopyOfReturnIsFiled
Own WebsiteXOwnWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1KEVIN HONIGFORDBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number3179214749TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line150 WEST FALL CREEK PARKWAY NORTHAddressLine1
CityINDIANAPOLISCity
StateINState
ZIP Code462085752ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (53 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
PHILIP B ROBY
CHAIRPERSON2.00XX000
THOMAS J SNYDER
PRESIDENT40.00XX030235857116
JOHN M MURPHY
FIRST VICE CHAIRPERSON2.00XX000
MICHAEL M HARMLESS
SECRETARY2.00XX000
TERRY W ANKER
BOARD MEMBER2.00X000
TERRY BOWEN
BOARD MEMBER2.00X000
JESSE R BRAND
BOARD MEMBER2.00X000
CATHERYN H BRODERICK
BOARD MEMBER2.00X000
RONALD K FAUQUHER
BOARD MEMBER2.00X000
JOHN R BROOKS
BOARD MEMBER2.00X000
DONALD E BROWN II
BOARD MEMBER2.00X000
MAJOR GENERAL GEORGE A BUSKIRK JR
BOARD MEMBER2.00X000
LORENE BURKHART
BOARD MEMBER2.00X000
STEVEN M CHAMPIN
BOARD MEMBER2.00X000
HOLLY HILTON D'AMOUR
BOARD MEMBER2.00X000
WILLIAM S DOTY
BOARD MEMBER2.00X000
GERALD D ERB
BOARD MEMBER2.00X000
CONNIE FERGUSON
BOARD MEMBER2.00X000
DAVID FINLAY
BOARD MEMBER2.00X000
CHARLES J GARCIA
BOARD MEMBER2.00X000
WILLIAM GOINS
BOARD MEMBER2.00X000
DAVID R GOODMAN JR
BOARD MEMBER2.00X000
WILLIAM GUTZWILLER
BOARD MEMBER2.00X000
MARK HAGERMAN
BOARD MEMBER2.00X000
BRYANT R HANSON
BOARD MEMBER2.00X000
CATHERIN POPP HOFFMAN
BOARD MEMBER2.00X000
J MICHAEL JARVIS
BOARD MEMBER2.00X000
MARK MAASSEL
BOARD MEMBER2.00X000
LEE MARCHANT
BOARD MEMBER2.00X000
JAMES C MARCUCCILLI
BOARD MEMBER2.00X000
JAMES A MERTEN
BOARD MEMBER2.00X000
J JOE MEYER
BOARD MEMBER2.00X000
ANTHONY J MORAVEC
BOARD MEMBER2.00X000
IZABELA OZDEMIR
BOARD MEMBER2.00X000
DONNA V BUCK
BOARD MEMBER2.00X000
PAUL PERKINS
BOARD MEMBER2.00X000
ANNE C PFAU
BOARD MEMBER2.00X000
LU B PORTER
BOARD MEMBER2.00X000
MAMON POWERS III
BOARD MEMBER2.00X000
WILLIAM RITZMANN
BOARD MEMBER2.00X000
FRED P RUBEY
BOARD MEMBER2.00X000
STEVE SCHRECKENGAST
BOARD MEMBER2.00X000
AH SCHUMAKER II
BOARD MEMBER2.00X000
STEPHEN R STEIN
BOARD MEMBER2.00X000
JOHN TALLEY
BOARD MEMBER2.00X000
GREGG A THARP
BOARD MEMBER2.00X000
DONALD G THOMAS
BOARD MEMBER2.00X000
TERRY L WALKER
BOARD MEMBER2.00X000
PATRICK R RALSTON
TREASURER2.00XX000
ROBERT C HOLMES
VICE PRESIDENT FOR FINANCE40.00X019548468035
JOYCE Q ROGERS
VICE PRESIDENT FOR DEVELOPMENT40.00X020106330843
PERRY HAMMOCK
ASSISTANT SECRETARY40.00X012164040865
KEVIN HONIGFORD
ASSISTANT TREASURER40.00X013224620205
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs952791TotalReportableCompFrmRltdOrgs
Total Other Compensation217064TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Fundraising Events395020FundraisingEvents
All Other Contributions32853319AllOtherContributions
Noncash Contributions4645737NoncashContributions
Total Contributions33248339TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1251059TotalRevenueColumn
Exclusion$1,251,059ExclusionAmount

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column122586TotalRevenueColumn
Exclusion$122,586ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real1738318Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real1768192Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real-29874Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column-29874TotalRevenueColumn
Exclusion-$29,874ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities18292746Securities
Other110000Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities16658470Securities
Other84147Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities1634276Securities
Other25853Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column1660129TotalRevenueColumn
Exclusion$1,660,129ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events311152GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events395020CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses380176FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-69024TotalRevenueColumn
Exclusion-$69,024ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
VENDING INCOME900099689761689761
OTHER9000993820138201
FieldValueIRS element (for citing)
Total Other Revenue727962TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column36911177TotalRevenueColumn
Related Or Exempt Function Income727962RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$2,934,876ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total309594Total
Program Services309594ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total2059570Total
Program Services2059570ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total34625Total
Management And General34625ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total105873Total
Management And General105873ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total39651Total
Program Services30103ProgramServices
Fundraising9548Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total24040Total
Program Services3992ProgramServices
Management And General11618ManagementAndGeneral
Fundraising8430Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total1269Total
Management And General546ManagementAndGeneral
Fundraising723Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total53382Total
Program Services39291ProgramServices
Management And General6739ManagementAndGeneral
Fundraising7352Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total68166Total
Program Services68166ProgramServices

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total56819Total
Fundraising56819Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
INSTRUCTION SUPPLIES AN54494315449431
SPECIAL PROGRAMS942810942810
OUTREACH PROGRAM EXPENS787645787645
IN-KIND EXPENSES345700345700
ADMINISTRATION EXPENSE300996300996

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total651748Total
Program Services424445ProgramServices
Management And General100371ManagementAndGeneral
Fundraising126932Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total11231319Total
Program Services10460747ProgramServices
Management And General560768ManagementAndGeneral
Fundraising209804Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY3039BOY
EOY3039EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY6992005BOY
EOY16167435EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY6846992BOY
EOY6335191EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY128315BOY
EOY149633EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis36786592LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec3216856LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY17763381BOY
EOY33569736EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY32969420BOY
EOY41364344EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY5868827BOY
EOY5709524EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY0BOY
EOY174392EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY70571979BOY
EOY103473294EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY1856814BOY
EOY989480EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
EOY752474EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY992741BOY
EOY951593EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY4433016BOY
EOY6550184EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY1235680BOY
EOY4533407EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY120192BOY
EOY160728EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY8638443BOY
EOY13937866EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY8695747BOY
EOY11492171EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY32587848BOY
EOY56632341EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY20649941BOY
EOY21410916EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY61933536BOY
EOY89535428EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY70571979BOY
EOY103473294EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses25679858ReconcilationRevenueExpenses
Reconcilation Other Changes1922034ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College Support Org170b1 AivXCollegeSupportOrg170b1Aiv

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years8902674CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years7959016CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years11612984CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year17570689CurrentTaxYearMinus1Year
Current Tax Year33248339CurrentTaxYear
Total79293702Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years8902674CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years7959016CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years11612984CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year17570689CurrentTaxYearMinus1Year
Current Tax Year33248339CurrentTaxYear
Total79293702Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total28801616AmountsSubstContributorsTotal
Public Support Total17050492086PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2150948CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2267760CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2209107CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2370562CurrentTaxYearMinus1Year
Current Tax Year3111963CurrentTaxYear
Total12110340Total
FieldValueIRS element (for citing)
Total Support91404042TotalSupport
Gross Receipts From Admissions Etc3926410GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.55240PublicSupportPertcentage170
Public Support Pertcent Prior Year0.67090PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

FieldValueIRS element (for citing)
Assets In Part X82970AssetsInPartX
FieldValueIRS element (for citing)
Collect Used For Public ExhibitionXCollectUsedForPublicExhibition

Collection Used For Other CollectionUsedForOther

FieldValueIRS element (for citing)
Collection Used For Other PurposesXCollectionUsedForOtherPurposes
Description Of Other PurposesUSE IN ART EDUCATIONDescriptionOfOtherPurposes
FieldValueIRS element (for citing)
Solicited Assets For Sale0SolicitedAssetsForSale
Agent Trustee Etc0AgentTrusteeEtc
Included On FS1IncludedOnFS

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance19385710BeginningOfYearBalance
Contributions760975Contributions
Investment Earnings Or Losses3127216InvestmentEarningsOrLosses
Grants Or Scholarships1000051GrantsOrScholarships
End Of Year Balance22273850EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance16451992BeginningOfYearBalance
Contributions1321814Contributions
Investment Earnings Or Losses1689849InvestmentEarningsOrLosses
Grants Or Scholarships77945GrantsOrScholarships
End Of Year Balance19385710EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance18100255BeginningOfYearBalance
Contributions182169Contributions
Investment Earnings Or Losses-1178514InvestmentEarningsOrLosses
Grants Or Scholarships651918GrantsOrScholarships
End Of Year Balance16451992EndOfYearBalance
FieldValueIRS element (for citing)
Permanent Endowment EOY Balance0.96100PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.03900TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs1EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis8563057OtherCostOrOtherBasis
Book Value8563057BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis27679470OtherCostOrOtherBasis
Depreciation3103751Depreciation
Book Value24575719BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis544065OtherCostOrOtherBasis
Depreciation113105Depreciation
Book Value430960BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings33569736TotalOfBookValueLandBuildings

Other Securities OtherSecurities

FieldValueIRS element (for citing)
DescriptionCERTIFICATES OF DEPOSITDescription
Book Value5709524BookValue
Method Of ValuationFMethodOfValuation
FieldValueIRS element (for citing)
Total Of Book Value Securities5709524TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
ANNUITIES PAYABLE$129,212
INVESTMENT IN CEI$31,516
FieldValueIRS element (for citing)
Total Of Amounts160728TotalOfAmounts
Total Revenue36911177TotalRevenue
Total Expenses11231319TotalExpenses
Excess Or Deficit For Year25679858ExcessOrDeficitForYear
Net Unrealized GL On Investments1964513NetUnrealizedGLOnInvestments
Other-$42,479OtherAmount
Total Adjustments1922034TotalAdjustments
Excess Or Deficit Per FS27601892ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt40472390TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments1964513NetUnrealizedGainsInvestments
Other Revenues1768269OtherRevenues
Revenue Not Rptd F9903732782RevenueNotRptdF990
Revenue Subtotal36739608RevenueSubtotal
Investment Expenses Not Included105873InvestmentExpensesNotIncluded
Other Revenues Not Included65696OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt171569RevenueNotRptdOnFinStmt
Total Revenue Per Form99036911177TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt12870498TotExpensesEtcAuditedFinclStmt
Other Expenses Included1810748OtherExpensesIncluded
Expenses Not Rptd F9901810748ExpensesNotRptdF990
Expenses Subtotal11059750ExpensesSubtotal
Investment Expenses Not Included2105873InvestmentExpensesNotIncluded2
Other Expenses Not Included65696OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt171569ExpensesNotRptdOnFinStmt
Total Expenses Per Form99011231319TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (9 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
PART III, LINE 4:COLLECTION CONSISTS OF 50 PIECES OF ARTWORK IN LAFAYETTE REGION, FOR ONE OR MORE OF THE FOLLOWING PURPOSES: 1) FURTHERANCE OF IVY TECH ART PROGRAM, 2) TEACHING ART TO THE ART STUDENTS, 3) USE IN ART OR ART APPRECIATION COURSES WHICH ARE PART OF THE CURRICULUM, 4) DISPLAY AS PART OF ITS ART COLLECTIONS.
PART IV, LINE 2B:THE FOUNDATION SERVES AS THE FISCAL AGENT FOR CASH AND PLEDGES RECEIVED FOR INTERSECTION CONNECTION, A JOINT VENTURE BETWEEN THE IVY TECH FOUNDATION AND TWO OTHER UNRELATED NOT-FOR-PROFIT ORGANIZATIONS. THE EXPENDITURE OF THE FUNDS IS SUBJECT TO THE APPROVAL OF THE COORDINATING COMMITTEE ESTABLISHED UNDER THE AGREEMENT, WHICH INCLUDES REPRESENTATIVES FROM ALL THREE PARTIES.
PART V, LINE 4:THE ENDOWMENT FUNDS ARE UTILIZED TO ASSIST THE MISSION OF IVY TECH COMMUNITY COLLEGE. MOST FUNDS PROVIDE SCHOLARSHIPS FOR STUDENTS ATTENDING THE COLLEGE. THE REMAINDER OF THE FUNDS PROVIDE PROGRAMS, FACILITIES, SUPPLIES AND EQUIPMENT TO THE COLLEGE. THE FOUNDATION'S POLICY IS TO ANNUALLY DISTRIBUTE 5% OF THE ENDOWMENT'S ASSET VALUE.DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
PART X:IVY TECH FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). CEP IS A SINGLE MEMBER, MEMBER MANAGED LIMITED LIABILITY COMPANY THAT IS TREATED AS A DISREGARDED ENTITY FOR FEDERAL AND STATE INCOME TAX PURPOSES, AND THUS IS ALSO EXEMPT TOGETHER WITH IVY TECH FOUNDATION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THESE ENTITIES. IN ADDITION, IVY TECH FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2011 AND 2010.THE FOUNDATION FILES U.S. FEDERAL AND STATE OF INDIANA TAX AND INFORMATIONAL RETURNS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008.DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
SUBSIDIARY LOSS -42,479.PART XI, LINE 8 - OTHER ADJUSTMENTS:
RENTAL EXPENSES 1,768,192. INVESTMENT INCOME OF SUBSIDIARY CEI 77.PART XII, LINE 2D - OTHER ADJUSTMENTS:
UNCOLLECTIBLE PLEDGES 65,696.PART XII, LINE 4B - OTHER ADJUSTMENTS:
RENTAL EXPENSES 1,768,192. EXPENSES OF SUBSIDIARY CEI 42,556.PART XIII, LINE 2D - OTHER ADJUSTMENTS:
UNCOLLECTIBLE PLEDGES 65,696.PART XIII, LINE 4B - OTHER ADJUSTMENTS:

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1APRIL IN PARISNameOfEvent1
Gross Receipts Event1118447GrossReceiptsEvent1
Charitable Contributions Event198635CharitableContributionsEvent1
Gross Revenue Event119812GrossRevenueEvent1
Other Direct Expenses Event161523OtherDirectExpensesEvent1
Name Of Event2DISNEY INSTITUTENameOfEvent2
Gross Receipts Event297860GrossReceiptsEvent2
Charitable Contributions Event20CharitableContributionsEvent2
Gross Revenue Event297860GrossRevenueEvent2
Other Direct Expenses Event264224OtherDirectExpensesEvent2
Total Number Of Other Events18TotalNumberOfOtherEvents
Gross Receipts Other Events473828GrossReceiptsOtherEvents
Charitable Contrib Other Events296385CharitableContribOtherEvents
Gross Revenue Other Events177443GrossRevenueOtherEvents
Other Direct Expenses Other Events237174OtherDirectExpensesOtherEvents
Gross Receipts Total690135GrossReceiptsTotal
Charitable Contributions Total395020CharitableContributionsTotal
Gross Revenue Total Events295115GrossRevenueTotalEvents
Other Direct Expenses Total Events362921OtherDirectExpensesTotalEvents
Direct Expense Summary Events362921DirectExpenseSummaryEvents
Net Income Summary-67806NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Non Cash AssistanceAmountOfNonCashAssistanceMethod Of ValuationMethodOfValuationDescription Of Non Cash AssistanceDescriptionOfNonCashAssistancePurpose Of GrantPurposeOfGrant
IVY TECH COMMUNITY COLLEGE OF INDIANA
50 W FALL CREEK PARKWAY N DRIVEINDIANAPOLISIN46208351180631STATE OF INDIANA279594APPRAISALLAND AND BUILDINGSTO FURTHER THE EDUCATIONAL MISSION OF IVY TECH COMMUNITY COLLEGE OF INDIANA.
GREATER KOKOMO ECONOMIC DEVELOPMENT ALLIANCE
700 E FIRMIN ST SUITE 200KOKOMOIN46902351499686501(C)(3)10000TO FURTHER THE EDUCATIONAL MISSION OF IVY TECH COMMUNITY COLLEGE OF INDIANA.
GREATER INDIANAPOLIS CHAMBER OF COMMERCE FOUNDATION
111 MONUMENT CIRCLE SUITE 1950INDIANAPOLISIN46240356017715501(C)(3)20000TO FURTHER THE EDUCATIONAL MISSION OF IVY TECH COMMUNITY COLLEGE OF INDIANA.
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants3TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations0TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantSCHOLARSHIPSTypeOfGrant
Number Of Recipients3099NumberOfRecipients
Amount Of Cash Grant2059570AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: GRANT ALLOCATIONS ARE DIRECTLY GIVEN TO IVY TECH COMMUNITY COLLEGE. THE COLLEGE AWARDS SCHOLARSHIPS BASED ON PRE-SET CRITERIA AND MONITORS THE USE OF THE GRANT MONEY. THE FOUNDATION ALSO PROVIDES GRANTS TO OTHER ORGANIZATIONS TO FURTHER THE EDUCATION MISSION OF IVY TECH COMMUNITY COLLEGE. THESE GRANTS ARE MONITORED ON A CASE-BY-CASE BASIS.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PaymentsXIdemnificationGrossUpPayments
Club Dues Or FeesXClubDuesOrFees
Written Policy Re T And E Expenses1WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Written Employment ContractXWrittenEmploymentContract
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
THOMAS J SNYDER
0296681000567700057116035947400
ROBERT C HOLMES
01925950002889022000046035026351900
JOYCE Q ROGERS
0193842000722100030843023190600
PERRY HAMMOCK
0117674000396606900033965016250500
KEVIN HONIGFORD
0130495000175100020205015245100

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
Return ReferencePART I, LINE 1AReturnReference
ExplanationON A PRE-APPROVED BASIS, CERTAIN IVY TECH COMMUNITY COLLEGE EMPLOYEES ARE PROVIDED SOCIAL CLUB MEMBERSHIPS TO ACCOMMODATE BUSINESS NEEDS RELATED TO COLLEGE FUNCTIONS OR COMMUNITY OUTREACH. THE SOCIAL CLUB MEMBERSHIP DUES ARE PAID BY THE IVY TECH FOUNDATION. ANY PERSONAL USE OF SOCIAL CLUB MEMBERSHIPS IS A TAXABLE FRINGE BENEFIT AND IS INCLUDED IN THE TAXABLE WAGES OF EMPLOYEES RECEIVING THE BENEFIT. ADDITIONALLY, PAY IS INCREASED/GROSSED UP TO COMPENSATE EMPLOYEES FOR THE ESTIMATED TAXES OWED AS A RESULT OF ANY DERIVED TAXABLE INCOME.Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1OLD NATIONAL BANKBusinessNameLine1
FieldValueIRS element (for citing)
Issuer EIN351729164IssuerEIN
Date Issued2010-04-30DateIssued
Issue Price2270118IssuePrice
Description Of PurposePURCHASE REAL ESTATE USED BY IVY TECHDescriptionOfPurpose
Defeased0Defeased
On Behalf Of Issuer0OnBehalfOfIssuer
Pool Financing0PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

FieldValueIRS element (for citing)
Amount Retired2270118AmountRetired
Capital Expenditures2270118CapitalExpenditures
Year Of Subst Completion2010YearOfSubstCompletion
Current Refunding0CurrentRefunding
Advance Refunding1AdvanceRefunding
Final Allocation Made1FinalAllocationMade
Adequate Books And Recds Maintaind1AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

FieldValueIRS element (for citing)
Owning Bond Financed Property0OwningBondFinancedProperty
Any Lease Arrangements0AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty0MngmentCntrctBondFinancdPrprty
Any Research Agreements0AnyResearchAgreements
Bond Counsel Routinely Engaged0BondCounselRoutinelyEngaged
Post Issuance Compliance Procdrs1PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

FieldValueIRS element (for citing)
Form8038 T Filed0Form8038TFiled
Variable Rate Issue0VariableRateIssue
Hedge Identified In Books And Recds0HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGIC
Gross Proceeds Invested0GrossProceedsInvested
Exception To Rebate0ExceptionToRebate

Schedule L IRS990ScheduleL

Loan Table LoanTable

FieldValueIRS element (for citing)
Name PersonDONALD G THOMASNamePerson
Purpose Of LoanPURCHASE OF LAND AND BUILDING; REFINANCE REAL ESTATEPurposeOfLoan
Loan To OrganizationXLoanToOrganization
Original Principal$1,167,606OriginalPrincipalAmount
Balance Due951593BalanceDue
Default0Default
Approved By Board1ApprovedByBoard
Written Agreement1WrittenAgreement
FieldValueIRS element (for citing)
Total Balance Due951593TotalBalanceDue

Schedule M IRS990ScheduleM

Real Estate Commercial RealEstateCommercial

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions4NumberOfContributions
Noncash Contribs Rptd F9904300037NoncashContribsRptdF990
Method Of Determining RevenuesAPPRAISALMethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)

Non Cash CheckboxNonCashCheckboxDescriptionDescriptionNumber Of ContributionsNumberOfContributionsNoncash Contribs Rptd F990NoncashContribsRptdF990Method Of Determining RevenuesMethodOfDeterminingRevenues
XGIFT CARDS, WATER, MISC. ITEMS2247169FAIR MARKET VALUE
XMEDICAL SERVICES/EQUIPMEN3169462FAIR MARKET VALUE
XEQUIPMENT12129069FAIR MARKET VALUE
FieldValueIRS element (for citing)
Number Of8283 Received0NumberOf8283Received
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts1ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION B, LINE 11A DRAFT OF FORM 990 WILL FIRST BE THOROUGHLY REVIEWED BY THE AUDIT AND ADMINISTRATIVE POLICIES COMMITTEE. ANY APPROPRIATE REVISIONS WILL BE MADE AND THEN THE UPDATED FORM 990 WILL BE SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW AND COMMENTS. AGAIN, ANY APPROPRIATE REVISIONS WILL BE MADE BEFORE FILING. IF SUBSTANTIAL REVISIONS ARE NEEDED, THE FORM 990 WILL BE CIRCULATED A SECOND TIME TO ALL BOARD MEMBERS BEFORE FILING.
THE CONFLICT OF INTEREST POLICY INCLUDES A FORM TO BE COMPLETED AND SUBMITTED ANNUALLY. THE FORM REQUIRES INFORMATION REGARDING EACH RECIPIENTS FINANCIAL INTERESTS AND EMPLOYMENT. THE CONTENT OF EACH FORM IS REVIEWED BY THE EXECUTIVE DIRECTOR OF FINANCE TO ASSESS ANY POTENTIAL CONFLICTS OF INTEREST. IF CONFLICTS OF INTEREST EXIST, THE POLICY PROVIDES THE PROCEDURAL GUIDELINES.FORM 990, PART VI, SECTION B, LINE 12C
THE IVY TECH FOUNDATION HAS NO EMPLOYEES. THE FOUNDATION CONTRACTS WITH IVY TECH COMMUNITY COLLEGE FOR SERVICES PERFORMED BY COLLEGE EMPLOYEES THAT BENEFIT THE FOUNDATION. COLLEGE SALARIES ARE ESTABLISHED BASED UPON COMPARATIVE SALARY ANALYSIS OF COLLEGE EMPLOYEES IN COMPARABLE POSITIONS, CONSIDERATION OF ECONOMIES OF SCALE, INPUT FROM HUMAN RESOURCES AND FINAL APPROVAL OF APPROPRIATE COLLEGE OFFICER.FORM 990, PART VI, SECTION B, LINE 15
THE IVY TECH FOUNDATION ONLY FILES FORM 990 AND MAKES IT AVAILABLE TO THE PUBLIC AS FOLLOWS: 1) IVY TECH COMMUNITY COLLEGE'S WEBSITE, 2) IVY TECH FOUNDATION'S CENTRAL OFFICE LOCATION IN INDIANAPOLIS, IN AND 3) UPON REQUEST.FORM 990, PART VI, SECTION C, LINE 18
THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AS FOLLOWS: 1) IVY TECH COMMUNITY COLLEGE'S WEBSITE, 2) INCLUSION WITHIN IVY TECH COMMUNITY COLLEGE'S ANNUAL FINANCIAL REPORT, WHICH IS AVAILABLE TO THE PUBLIC AND 3) UPON REQUEST.FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:NET UNREALIZED GAINS ON INVESTMENTS: 1,964,513. SUBSIDIARY LOSS -42,479. TOTAL TO FORM 990, PART XI, LINE 5: 1,922,034.FORM 990, PART XI, LINE 5:
THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.FORM 990, PART XII, LINE 2C

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY ENTERPRISES PROPERTIES LLCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line150 W FALL CREEK PARKWAY N DRIVEAddressLine1
CityINDIANAPOLISCity
StateINState
ZIP Code46208ZIPCode
FieldValueIRS element (for citing)
EIN271333852EIN
Primary ActivitiesREAL ESTATE HOLDINGPrimaryActivities
Legal Domicile StateINLegalDomicileState
Total Income4175488TotalIncome
EOY Assets8161117EOYAssets

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1IVY TECH FOUNDATION INCBusinessNameLine1

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1IVY TECH COMMUNITY COLLEGE OF INDIANABusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line150 W FALL CREEK PARKWAY N DRIVEAddressLine1
CityINDIANAPOLISCity
StateINState
ZIP Code46208ZIPCode
FieldValueIRS element (for citing)
EIN351180631EIN
Primary ActivitiesPOST-SECONDARY EDUCATIONPrimaryActivities
Legal Domicile StateINLegalDomicileState
Controlled Org0ControlledOrg

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY ENTERPRISES INCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line150 W FALL CREEK PARKWAY N DRIVEAddressLine1
CityINDIANAPOLISCity
StateINState
ZIP Code46208ZIPCode
FieldValueIRS element (for citing)
EIN943447601EIN
Primary ActivityINVESTMENTSPrimaryActivity
Legal Domicile StateINLegalDomicileState
Type Of EntityCTypeOfEntity
Share Of Total Income-42479ShareOfTotalIncome
Share Of EOY Assets142878ShareOfEOYAssets
Percentage Ownership1.00000PercentageOwnership
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org1GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org1SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs1RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org1OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolvedMethod Of Amt DeterminationMethodOfAmtDetermination
IVY TECH COMMUNITY COLLEGE OF INDIANA - SCHOLARSHIPS
B2059570CASH
IVY TECH COMMUNITY COLLEGE OF INDIANA - LANDBLDG GRANT
B279594APPRAISAL
IVY TECH COMMUNITY COLLEGE OF INDIANA
N300996FMV
IVY TECH COMMUNITY COLLEGE OF INDIANA - RENT
I1272512FMV
IVY TECH COMMUNITY COLLEGE OF INDIANA
Q942810FMV
IVY TECH COMMUNITY COLLEGE OF INDIANA
F110000FMV