2024-01-16T09:09:07-06:00 2023-06-30 471019942 BERGANKDV LTD 220 PARK AVE S STCLOUD MN 56301 990 2022-07-01 411791598 ST CLOUD TECHNICAL & COMMUNITY COLLEGE FOUNDATION STCL 3203085980 1540 NORTHWAY DR ST CLOUD MN 56303 DANIEL LARSON EXECUTIVE DIRECTOR 3203085980 2024-01-16 1 DANIEL LARSON 999009999 0 MARIE A PRIMUS CPA P01272184 3202517010 2024-01-16 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANIEL LARSON 1540 NORTHWAY DR ST CLOUD MN 56303 662380 0 X WWW.SCTCC.EDU/FOUNDATION X 1994 MN TO SUPPORT ALL PEOPLE, PROGRAMS, AND INFRASTRUCTURES THAT ARE STRATEGIC PRIORITIES OF THE COLLEGE BY SECURING THE NECESSARY COMMUNITY AND FINANCIAL RESOURCES. 17 17 0 109 0 0 533563 535002 0 0 58686 103812 -5851 -3705 586398 635109 412787 527056 0 0 0 0 0 0 4091 93541 262750 506328 789806 80070 -154697 4156695 4120722 12882 15932 4143813 4104790 X TO SUPPORT ALL PEOPLE, PROGRAMS, AND INFRASTRUCTURES THAT ARE STRATEGIC PRIORITIES OF THE COLLEGE BY SECURING THE NECESSARY COMMUNITY AND FINANCIAL RESOURCES. 0 0 712280 527056 THE ST CLOUD TECHNICAL AND COMMUNITY COLLEGE FOUNDATION (THE FOUNDATION) EXISTS TO SUPPORT THE ST CLOUD TECHNICAL AND COMMUNITY COLLEGE (THE COLLEGE) BY SUPPORTING STUDENTS AND PROGRAMS. WE SUPPORT THE COLLEGE THROUGH CAPITAL, TECHNOLOGY, AND EQUIPMENT NEEDS FOR VARIOUS PROGRAMS. THE FOUNDATION AWARDED OVER 300 SCHOLARSHIPS TO STUDENTS IN THE LAST FISCAL YEAR. WORKFORCE DEVELOPMENT SCHOLARSHIPS - THE FOUNDATION BOARD RAISED AND SECURED $13,050 THIS PAST YEAR WHICH WAS A MATCH FOR THE WORKFORCE DEVELOPMENT PROGRAM. MINNESOTA LEGISLATURE CREATED THE "WORKFORCE DEVELOPMENT SCHOLARSHIP" PROGRAM AND ALLOCATED FUNDS TO MNSTATE COLLEGES. COLLEGE FOUNDATIONS ARE REQUIRED TO RAISE 10% MATCHING FUNDS FOR SCHOLARSHIPS FOR HIGH DEMAND OCCUPATIONAL PROGRAMS SET BY THE STATE OF MINNESOTA. THE ELIGIBLE PROGRAMS/GROUPS ARE ADVANCED MANUFACTURING, EARLY CHILDHOOD EDUCATION, HEALTH CARE SERVICES, INFORMATION TECHNOLOGY, AND TRANSPORTATION PROGRAMS WERE THE ELIGIBLE PROGRAMS. 712280 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X THE ORGANIZATION 3203085980 1540 NORTHWAY DR ST CLOUD MN 56303 DAVID BORGERT PRESIDENT 0.50 X X 0 0 0 JOE FRANCIS BOARD MEMBER 0.50 X 0 0 0 COREY HANSEN BOARD MEMBER 0.50 X 0 0 0 MARK OSENDORF BOARD MEMBER 0.50 X 0 0 0 JOAN SCHATZ BOARD MEMBER 0.50 X 0 0 0 EUNICE ADJEI BOARD MEMBER 0.50 X 0 0 0 SHELLY BAUERLY KOPEL BOARD MEMBER 0.50 X 0 0 0 NICK BISCHOFF BOARD MEMBER 0.50 X 0 0 0 BRENT BULTEMA BOARD MEMBER 0.50 X 0 0 0 JOSH CROSON BOARD MEMBER 0.50 X 0 0 0 MIKE GOHMAN BOARD MEMBER 0.50 X 0 0 0 AYAN AMOUD OMAR BOARD MEMBER 0.50 X 0 0 0 BRITTANY PRELLWITZ BOARD MEMBER 0.50 X 0 0 0 JOHN SCHROEDER BOARD MEMBER 0.50 X 0 0 0 JOYGENEA SCHUMER BOARD MEMBER 0.50 X 0 0 0 CARYL TURNOW BOARD MEMBER 0.50 X 0 0 0 DANIEL LARSON EXECUTIVE DIRECTOR 40.00 X 0 114669 42166 0 114669 42166 0 0 1 0 0 54183 480819 152364 535002 102912 102912 5656 4756 900 900 900 17475 54183 22515 -5040 -5040 1335 0 1335 1335 635109 900 0 99207 150159 150159 376897 376897 50282 50282 12129 12129 3530 1276 2254 2335 517 1818 2700 2700 1188 1169 19 TECHNOLOGY/EQUIPMENT 142981 136343 6638 OTHER PROGRAM EXPENSES 47605 47605 0 0 789806 712280 73435 4091 387006 106027 16000 6000 4289 6712 97934 95104 2512352 3895377 1139114 11502 4156695 4120722 12882 2702 13230 12882 15932 X 645905 752693 3497908 3352097 4143813 4104790 4156695 4120722 X -154697 115232 442 X 0 1 X 1 0 X 660552 645070 412281 533563 535002 2786468 660552 645070 412281 533563 535002 2786468 90920 2695548 68890 61300 62647 58686 102912 354435 13368 46028 59396 3200299 0.84230 0.76290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 744444 2236 39437 -37775 -22680 725662 2818321 325 -31521 3406 2028190 11085 744444 2392841 463324 28055 9789 2818321 2750599 -45426 298402 13930 2392841 2617902 167971 23500 11774 2750599 0 0 0 CASH AND MONEY MARKET 47786 F US EQUITIES 1989304 F INTERNATIONAL EQUITIES 145410 F TAXABLE FIXED INCOME 1446220 F TAX EXEMPT FIXED INCOME 266657 F 3895377 1105515 115232 344346 442 460020 645495 12128 -22514 -10386 635109 1144538 344346 22514 366860 777678 12128 12128 789806 PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED FOR STUDENT SCHOLARSHIPS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 442. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -22,514. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 22,514. HALLER GOLF TOURNAMENT 24448 9823 14625 834 4307 2623 3964 BREWLASH 47210 44360 2850 902 5496 4389 71658 54183 17475 1736 4307 8119 8353 22515 -5040 1335 1 1.00000 1335 1335 MN 1 0 1 0 1.00000 THE ORGANIZATION 1540 NORTHWAY DR ST CLOUD MN 56303 0 0 1 ST CLOUD TECHNICAL AND COMMUNITY COLLEGE 1540 NORTHWAY DRIVE ST CLOUD MN 56303 411687554 0 150159 FMV EQUIPMENT TO COLLEGE FOR ROBOTICS PROGRAM 1 SCHOLARSHIPS 307 370670 RANDOM ACTS OF KINDNESS 14 6227 PART I, LINE 2: ELIGIBILITY A SCHOLARSHIP APPLICANT MUST BE A CURRENT ENROLLED STUDENT AT ST CLOUD TECHNICAL AND COMMUNITY COLLEGE. DEPENDENT ON THE SCHOLARSHIP AWARD, THERE MAY BE ADDITIONAL CRITERIA SUCH AS GPA, PROGRAM QUALIFICATIONS, 1ST OR 2ND YEAR STUDENT STATUS, ETC. TO QUALIFY BASED ON DONOR REQUESTS. APPLICATION PROCESS COMPLETE AN APPLICATION FORM AND PERSONAL STATEMENT (ESSAY) ADDRESSING THE FOLLOWING AREAS: (A) INTEREST/COMMITMENT TO PROGRAM OF STUDY; (B) INVOLVEMENT WITH SCHOOL, FAMILY, EMPLOYMENT, OR COMMUNITY ACTIVITIES; (C) LEADERSHIP ROLES AND/OR AWARD RECEIVED; (D) LIFE EXPERIENCES THAT HAVE INFLUENCED PERSONAL GROWTH; (E) APPLICATION EFFORT. DETERMINATION THE ST CLOUD TECHNICAL AND COMMUNITY COLLEGE FOUNDATION AWARDS COMMITTEE SELECTS RECIPIENTS DEPENDENT UPON A RATING SYSTEM. EACH APPLICANT IS RATED NUMERICALLY AND THE TOP RATED APPLICATIONS ARE AWARDED SCHOLARSHIPS. 0 0 0 0 0 0 0 0 0 DANIEL LARSON EXECUTIVE DIRECTOR 0 114669 0 0 0 0 0 6880 0 35286 0 156835 0 0 X 12 32000 FMV X MACHINERY/EQUIPMENT 41 118985 FMV 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS IS THE NUMBER OF TIMES THINGS WERE DONATED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS IS PROVIDED AN ELECTRONIC COPY OF FORM 990, WITH A HARD COPY AVAILABLE UPON REQUEST, PRIOR TO IT BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLIT OF INTEREST FORM IS SIGNED ANNUALLY BY BOARD MEMBERS AND REVIEWED BY THE FOUNDATION DIRECTOR TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 442. ST CLOUD TECHNICAL AND COMMUNITY COLLEGE 1540 NORTHWAY DRIVE ST CLOUD MN 56303 411687554 EDUCATION MN LINE 2 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 ST CLOUD TECHNICAL AND COMMUNITY COLLEGE B 491210 COST ST CLOUD TECHNICAL AND COMMUNITY COLLEGE N 89187 FMV ST CLOUD TECHNICAL AND COMMUNITY COLLEGE O 255159 COST SCHEDULE R, PART V, LINE 2: THE FOUNDATION RECEIVED CONTRIBUTED SERVICES AND THE USE OF FACILITIES FROM THE COLLEGE THAT PERTAINS TO THE FOUNDATION'S STANDARD OPERATIONS. CONTRIBUTED SERVICES AND THE USE OF FACILITIES AMOUNTED TO $344,346 FOR 2023, RESPECTIVELY. INDIRECT COLLEGE SUPPORT INCLUDES USE OF OFFICE SPACE, UTILITIES, OVERHEAD COSTS, PRINTERS, EQUIPMENT, AND STAFF TIME OR SERVICES PROVIDED BY TECHNOLOGY, MARKETING, HUMAN RESOURCES, BUSINESS OFFICE, LEGAL OR MAINTENANCE. THE ADMINISTRATIVE SUPPORT CONTRACT EXPIRES JUNE 30, 2025. THE FOUNDATION IS REQUIRED BY CONTRACT TO ANNUALLY RETURN TO THE COLLEGE OR ITS STUDENTS AN AMOUNT, AT A MINIMUM, SUFFICIENT TO COVER THE RETURN OF VALUE RATIO ESTABLISHED AND AGREED TO BY THE CHANCELLOR AND THE COLLEGE PRESIDENT. THE FOUNDATION PURCHASED TECHNOLOGY AND EQUIPMENT AND DISBURSED SCHOLARSHIPS TO STUDENTS TO FULFILL THE CONTRACT. AMOUNTS PAID TO THE COLLEGE DURING 2023, TOTAL $491,210.