2024-10-02T14:57:16-05:00 2024-06-30 251622758 MAHER DUESSEL CPA'S 1800 LINGLESTOWN ROAD SUITE 306 HARRISBURG PA 17110 990 2023-07-01 237345298 CECIL COLLEGE FOUNDATION INC CECI 4012871146 ONE SEAHAWK DRIVE NORTH EAST MD 21901 KAREN URICOLI EXECUTIVE DIRECTOR 4012871146 2024-10-02 1 0 P00168809 7172321230 2023 2024-10-15 13:58:12Z KAREN URICOLI ONE SEAHAWK DRIVE NORTH EAST MD 21901 3263221 0 X WWW.CECIL.EDU X 1973 MD PROVIDE FINANCIAL AID AND PROMOTE CECIL COLLEGE 24 24 0 24 0 0 2321513 762647 0 0 399710 513989 60708 43743 2781931 1320379 310323 359853 0 0 0 0 0 0 4295 219058 299755 529381 659608 2252550 660771 11303942 12909957 214658 213707 11089284 12696250 X CECIL COLLEGE FOUNDATION, INC. IS THE PRIVATE FUNDING DEVELOPMENT ARM OF CECIL COLLEGE. IT SEEKS TO SUPPORT THE COLLEGE'S MISSION BY BRINGING TOGETHER COMMUNITY LEADERS OF AFFLUENCE AND INFLUENCE IN ALL AREAS OF CECIL COUNTY WHO WILL CREATE A DEVELOPMENT PLAN TO BRIDGE ANY FUNDING SHORTFALL IN THE COLLEGE'S ABILITY TO REACH ITS VISION. MEMBERS OF THE FOUNDATION WILL BE AMBASSADORS OF THE COLLEGE, BROADENING THE COLLEGE'S IMAGE WITHIN THE COMMUNITY AND CREATING PARTNERSHIPS WITH INDIVIDUALS, BUSINESSES, ORGANIZATIONS, AND FOUNDATIONS TO RAISE PRIVATE GIFTS FOR SCHOLARSHIPS, INSTRUCTIONAL EQUIPMENT, PROFESSIONAL DEVELOPMENT, AND CAPITAL NEEDS. 0 0 359853 359853 GRANTS AND ALLOCATIONS PROVIDE STUDENT AID THUS ASSISTING STUDENTS TO COMPLETE A DEGREE OR PROGRAM THAT LEADS TO CERTIFICATIONS OR LICENSURE 209319 ARTS AND ATHLETICS PROGRAM EXPENDITURES ARE PAID ON BEHALF OF THE COLLEGE TO HELP PROMOTE A WELL-ROUNDED, COMPREHENSIVE COLLEGE EXPERIENCE. 569172 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 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 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD X KAREN URICOLI EXECUTIVE DIRECTOR 4102871146 ONE SEAHAWK DRIVE NORTH EAST MD 21901 FRANK MITA CHAIR 0.50 X X 0 0 0 KENT METHVEN TREASURER; VICE CHAIR 0.50 X X 0 0 0 GUY PALMERI DIRECTOR 0.50 X 0 0 0 WILLIAM DE FREITAS DIRECTOR 0.50 X 0 0 0 PATRICIA CROUCH DIRECTOR 0.50 X 0 0 0 JARED CROUSE DIRECTOR 0.50 X 0 0 0 BIJOY GHOSH DIRECTOR 0.50 X 0 0 0 DAVID MCGRATH DIRECTOR 0.50 X 0 0 0 JOHN METTEE DIRECTOR 0.50 X 0 0 0 SUSAN O'NEILL DIRECTOR 0.50 X 0 0 0 PATTI PAULUS DIRECTOR 0.50 X 0 0 0 BOBBY REYNOLDS DIRECTOR 0.50 X 0 0 0 JONATHAN SEIDENBERG DIRECTOR 0.50 X 0 0 0 SUELLLEN SCHEINER DIRECTOR 0.50 X 0 0 0 STANLEY BENSLEY DIRECTOR 0.50 X 0 0 0 DJ WOOTSON DIRECTOR 0.50 X 0 0 0 TARA EDWARDS DIRECTOR 0.50 X 0 0 0 EMILY FALONE DIRECTOR 0.50 X 0 0 0 KRISTINA BROWN DIRECTOR 0.50 X 0 0 0 REGINA NORTH DIRECTOR 0.50 X 0 0 0 ALAINE SCHUSTER DIRECTOR 0.50 X 0 0 0 JOSHUA SZEP DIRECTOR 0.50 X 0 0 0 ANDREA VUNCANNON DIRECTOR 0.50 X 0 0 0 SARAH COLENDA TRUSTEE LIAISON 0.50 X 0 0 0 KAREN URICOLI EXECUTIVE DIRECTOR 40.00 X 0 89696 10449 0 89696 10449 0 0 0 0 0 25994 736653 173321 762647 299538 299538 2076288 1861837 214451 214451 214451 124748 25994 81005 43743 43743 1320379 0 0 557732 359853 359853 9100 9100 42221 42221 6994 6994 1673 1673 SUPPORT FOR COLLEGE PRO 209319 209319 DUES AND MEMBERSHIPS 26153 26153 DEVELOPMENT 4295 4295 659608 569172 86141 4295 221803 201976 105417 105357 11560 27730 10665162 12274894 300000 300000 11303942 12909957 5260 214658 208447 214658 213707 X 2792482 2994265 8296802 9701985 11089284 12696250 11303942 12909957 660771 946195 0 X 0 1 X 1 0 X X X 1 CECIL COLLEGE 520908863 5 1 464830 0 1 464830 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7081912 299312 886871 226595 82769 7958731 5978833 575536 862571 309523 25505 7081912 6374703 171939 -418801 108248 40760 5978833 5405184 411007 717913 106173 53228 6374703 5398682 125890 47903 110252 6627 50412 5405184 0.85000 0.15000 0 0 0 ANNUITY PAYABLE 208447 208447 X 2748565 946195 602667 1548862 1199703 42221 78455 120676 1320379 1141599 602667 602667 538932 42221 78455 120676 659608 PART V, LINE 4: THE FOUNDATION MAINTAINS AN ENDOWMENT FUND TO FUND SCHOLARSHIPS TO STUDENTS AT CECIL COLLEGE AND TO PROMOTE THE GENERAL WELFARE AND GROWTH OF CECIL COLLEGE. PART X, LINE 2: THE FOUNDATION HAD ADOPTED THE GUIDANCE IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740-10), WHICH PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DERECOGNITION OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO RECOGNIZES RELATED GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE FOUNDATION DOES NOT BELIEVE THAT THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR COSTS THAT SHOULD BE RECORDED. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE PART V, LINE 4 THE FOUNDATION'S ENDOWMENTS SUPPORT A VARIETY OF SCHOLARSHIPS AND PROGRAMS AT CECIL COLLEGE. GOLF OUTING 34690 1447 33243 8420 5460 191 GALA 95502 24302 71200 14000 31310 7360 5486 1 20550 245 20305 5635 875 1075 1193 150742 25994 124748 28055 37645 8435 6870 81005 43743 1 SCHOLARSHIPS TO STUDENTS ARE SELECTED BY THE FOUNDATION BOARD WITH ASSISTANCE FROM ACADEMIC WORKS. 353 359853 CASH PART I, LINE 2: FUNDS ARE NOT DISTRIBUTED OR AVAILABLE UNTIL ALL ELIGIBILITY REQUIREMENTS ARE MET BY RECIPIENTS. X 2 115000 FAIR MARKET VALUE X 13 2445 FAIR MARKET VALUE X ELECTRICAL EQUIPMENT 1 30000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD BEFORE BEING APPROVED TO BE ISSUED. ONCE ISSUED, A FINAL COPY IS PROVIDED TO MANAGEMENT AND THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS IMPLEMENTED THE FOLLOWING PROCEDURE FOR MAINTAINING UPDATED CONFLICT OF INTEREST POLICY INFORMATION. THE CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED AT THE FIRST MEETING OF THE FOUNDATION EACH NEW FISCAL YEAR. DIRECTORS ARE ASKED TO REVIEW THE POLICY AND CONFIRM BY SIGNATURE THAT NO CURRENT OR FUTURE (90 DAYS) CONFLICTS EXIST. FORM 990, PART VI, SECTION C, LINE 18 ALL POLICIES ARE AVAILABLE UPON WRITTEN OR VERBAL REQUEST. ADDITIONALLY, A PUBLIC COPY OF ANY POLICY WILL BE GIVEN TO ANYONE WHO VISITS THE FOUNDATION OFFICES AND REQUESTS A COPY OF BYLAWS, POLICIES, OR FINANCIAL STATEMENTS (PUBLIC COPY). FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CECIL COLLEGE ONE SEAHAWK DRIVE NORTH EAST MD 21091 520908863 EDUCATION MD 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0