2024-12-13T12:17:45-08:00 2024-06-30 134096443 FIDUCIAL EXPERTISE #9648 CHICAGO SOUTH 7420 W COLLEGE DR PALOS HEIGHTS IL 60463 990 2023-07-01 363191202 MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION MORA 7089745740 9000 WEST COLLEGE PARKWAY - BUILDIN PALOS HILLS IL 60465 JACK DALEY TREASURER 7089745740 2024-12-13 true true MARK MERMAN CPA P01478008 7084487100 2024-12-13 2023 2024-10-15 13:58:12Z JACK DALEY 9000 WEST COLLEGE PARKWAY PALOS HILLS IL 604650937 2405926 false X WWW.MORAINEVALLEY.EDU/FOUNDATION X 1982 IL THE FOUNDATIONS PURPOSE IS TO PROMOTE AND FINANCIALLY SUPPORT MORAINE VALLEY COMMUNITY COLLEGE PROGRAMS AND PROVIDE SCHOLARSHIP AND FINANCIAL ASSISTANCE TO STUDENTS WHILE EXERCISING PRUDENT INVESTMENT AND MANAGEMENT OF DONOR FUNDS 18 16 0 100 0 0 742500 872496 0 61790 398594 -115 -5355 804175 1265735 575442 662185 0 0 0 24436 131957 144140 707399 806325 96776 459410 6017527 6548355 46648 26469 5970879 6521886 X TO PROMOTE AND FINANCIALLY SUPPORT MORAINE VALLEY COMMUNITY COLLEGE PROGRAMS AND PROVIDE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS WHILE EXERCISING PRUDENT MANAGEMENT AND INVESTMENT OF DONOR FUNDS. CHARITABLE GIFTS RECEIVED ARE ADMINISTERED IN ACCORDANCE WITH THE DONORS INTENTION. FOUNDATION FUNDS ARE THEN DISBURSED TO APPROVED COLLEGE AND STUDENT PROGRAMS. THE FUNDING OF PROGRAM DISBURSEMENTS ARE CONDUCTED UNDER THE GOVERNANCE AND STEWARDSHIP OF THE BOARD OF DIRECTORS. OUR CORE ACTIVITIES INCLUDE: GOVERNANCE AND STEWARDSHIP - SELF GOVERNANCE AND SAFEGUARDING OF THE FOUNDATIONS ASSETS ARE ADMINSTERED IN ACCORDANCE WITH DONOR INTENTIONS AND PRUDENT INVESTMENT POLICY. CHARITABLE GIFTING SOLICITATION - FUNDRAISING THROUGH APPEALS, CAMPAIGNS, GRANTS AND SPECIAL EVENTS. COLLEGE AND STUDENT PROGRAM DISBURSEMENTS - REVIEW, SELECT AND APPROVE DISBURSEMENTS OF FUNDS TO THE COLLEGE AND STUDENT PROGRAMS NEEDING FINANCIAL SUPPORT. false false 103000 100000 0 FINE AND PERFORMING ARTS - THE FOUNDATION PROVIDES ON-GOING FINANCIAL SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE FINE AND PERFORMING ARTS CENTER. THIS SUPPORT PLAYS A CRUCIAL ROLE IN PROGRAM UNDERWRITING AND ON-GOING MAINTENANCE AT THE CENTER. THE ARTS CENTER IS A CENTRAL RESOURCE OF MORAINE VALLEY COMMUNITY COLLEGE WHICH HOSTS PERFORMANCES BY REGIONAL AND NATIONAL PROFESSIONAL COMPANIES IN DANCE, MUSIC, AND THEATER FOR CULTURAL AND ARTISTIC ENRICHMENT IN THE SOUTHWESTERN SUBURBS. 332386 324508 0 SCHOLARSHIPS - THE FOUNDATION PROVIDES FUNDING AND ADMINISTERS VARIOUS ACADEMIC SCHOLARSHIP PROGRAMS FOR STUDENTS OF MORAINE VALLEY COMMUNITY COLLEGE. SCHOLARSHIPS ARE MERIT BASED AND NEED BASED, AND ARE OFFERED COLLEGE-WIDE OR DESIGNATED TO PROVIDE SUPPORT THROUGH A SPECIFIC PROGRAM OR DEPARTMENT. 95001 95001 0 STUDENT EMERGENCY ASSISTANCE - THROUGH CONTRIBUTIONS OF VARIOUS INDIVIDUAL DONORS THE FOUNDATION HAS IMPLEMENTED AN EMERGENCY FINANCIAL ASSISTANCE PROGRAM FOR MORAINE VALLEY COMMUNITY COLLEGE STUDENTS WHO MIGHT OTHERWISE BE FORCED TO STOP OR DROP OUT OF SCHOOL. DONATIONS OF VARIOUS INDIVIDUALS ARE USED TO PAY THE EXPENSES OF MORAINE VALLEY COMMUNITY COLLEGE STUDENTS THAT ARE CONFRONTED WITH EXTRAORDINARY PERSONAL LIVING EXPENSES THAT IF NOT PAID ON AN IMMEDIATE BASIS WOULD LIKELY RESULT IN THAT STUDENT NOT BEING ABLE TO CONTINUE THEIR EDUCATION AT THE COLLEGE. FINANCIAL ASSISTANCE IS GRANTED TO STUDENTS ON A CASE BY CASE BASIS BY THE RECOMENDATION OF THE COLLEGE AFTER A REVIEW OF EACH STUDENTS CIRCUMSTANCES SURROUNDING THE REQUEST FOR ASSISTANCE. 2885 2885 0 AUTOMOTIVE PROGRAM - THE FOUNDATION PROVIDES DIRECT FINANCIAL SUPPORT THROUGH DONATIONS IN KIND TO THE MORAINE VALLEY COMMUNITY COLLEGE AUTOMOTIVE TECHNOLOGY CAREER PROGRAM. DONORS TO THE FOUNDATION CONTRIBUTE VEHICLES TO THE FOUNDATION WHICH ARE THEN GIVEN TO THE AUTOMOTIVE TECHNOLOGY COLLEGE PROGRAM. 7502 7502 0 FACULTY ASSOCIATION - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION ASSISTS THE FUNDRAISING EFFORTS OF THE MORAINE VALLEY COMMUNITY COLLEGE FACULTY ASSOCIATION WHO RAISES FUNDS TO SUPPORT STUDENT SCHOLARSHIPS FOR MORAINE VALLEY COMMUNITY COLLEGE STUDENTS TO ENSURE ACCESS TO QUALITY EDUCATION AND STUDENT SUCCESS. 8050 8050 0 FOUNDATION SPONSORSHIPS - THE FOUNDATION REGULARLY PROVIDES MORAINE VALLEY COMMUNITY COLLEGE ONGOING SUPPORT THAT BENEFIT AND PROMOTE INCREASED AWARENESS AND BRAND BUILDING FOR THE MORAINE VALLEY COMMUNITY COLLEGE. 4947 4947 0 BUILD A CHOIR LIBRARY - THIS PROGRAM SUPPORTS THE MORAINE VALLEY COMMUNITY COLLEGE CHORAL PROGRAM BY PROVIDING AUDIENCE MEMBERS WITH OPPORTUNITIES TO UNDERWRITE INDIVIDUAL SONGS PREFORMED BY THE CHOIR THROUGHOUT THE PERFORMING SEASON. THE FUNDS FROM THIS PROGRAM HAVE SUPPORTED THE CONTINUED GROWTH OF THE COLLEGES CHORAL PROGRAM. 2500 2500 0 NURSING PROGRAM - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION PROVIDES THE MORAINE VALLEY COMMUNITY COLLEGE NURSING DEPARTMENT WITH FINANCIAL SUPPORT INCLUDING DONANTIONS IN KIND OF EQUIPMENT FOR STUDENT LEARNING AND CLASSROOM SUPPLIES. 34521 34521 0 STUDENT TESTING FEES - THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO THE MORAINE VALLEY COMMUNITY COLLEGE FOR PROPECTIVE STUDENTS THAT ARE APPLING FOR ENROLLMENT IN THE COLLEGE. 6260 6260 0 FIRE SCIENCE PROGRAM - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION ASSISTS THE FIRE SCIENCE PROGRAM WITH FUNDRAISING EFFORTS FOR FIREFIGHTING GEAR RENTALS AND OTHER PROGRAM EXPENSE TO MAKE TRAINING MORE AFFORDABLE AND ACCESSIBLE TO MORAINE VALLEY COMMUNITY COLLEGE STUDENTS. 19737 19737 0 NM BOOTCAMP - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION PROVIDES FUNDING FOR THE CREATION OF A HEALTH CAREERS BOOTCAMP INTRODUCING HIGH SCHOOL STUDENTS TO MEDICAL CAREERS THROUGH AN IMMERSIVE, WEEKLONG CAMP. THE BOOTCAMPS CURRICULUM PROVIDES HANDS-ON TRAINING IN ESSENTIAL HEALTH CARE SKILLS LIKE INFECTION CONTROL, PROPER USE OF PERSONAL PROTECTIVE EQUIPMENT AND EMERGENCY RESPONSE TECHNIQUES. THESE PRACTICAL EXPERIENCES NOT ONLY EDUCATE STUDENTS BUT ALSO PREPARE THEM TO CONSIDER FURTHER EDUCATION AND CAREERS IN HEALTH CARE, ADDRESSING THE FUTURE WORKFORCE NEEDS. 1130 1130 0 MAINSTAGE PERFORMANCEE - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION PROVIDES AN OPPORTUNITY FOR ATTENDEES TO THE MORAINE VALLEY FINE AND PERFORMING ARTS CENTER PROFESSIONAL SERIES PERFORMANCE TO PROVIDE FINANCIAL SUPPORT FOR PROGRAM UNDERWRITING AND ON-GOING MAINTENANCE AT THE CENTER. THE ARTS CENTER IS A CENTRAL RESOURCE OF MORAINE VALLEY COMMUNITY COLLEGE WHICH HOSTS PERFORMANCES BY REGIONAL AND NATIONAL PROFESSIONAL COMPANIES IN DANCE, MUSIC, AND THEATER FOR CULTURAL AND ARTISTIC ENRICHMENT IN THE SOUTHWESTERN SUBURBS. 47499 47499 0 PROJECT CARE - THE MORAINE VALLEY FOUNDATIONGRANTS FUNDS FOR THE EXPANSION OF THE MORAINE VALLEY COMMUNITY COLLEGE FOOD PANTRY. THE GRANT FUNDS SUPPORTED CONSTRUCTION OF THE SPACE, EQUIPMENT, SHELVING, SUPPLIES AND FOOD TO CREATE A FULL-SERVICE FOOD PANTRY FOR MORAINE VALLEY STUDENTS AND COMMUNITY MEMBERS. 4645 4645 0 PSYCHOLOGY DEPARTMENT - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION ESTABLISHED THIS FUND THROUGH ROYALTY PAYMENTS RECEIVED TO ESTABLISH AN INSTRUCTIONAL RESOURCE FUND FOR THE PSYCHOLOGY PROGRAM. THESE FUNDS ARE EARMARKED TO COVER THE COST OF INSTRUCTIONAL RESOURCES, SUCH AS EQUIPMENT AND BOOKS, THAT ARE REQUESTED BY THE PSYCHOLOGY DEPARTMENT. 139676 139676 0 670063 true true false false false false false false false true false false false false false false true false false false false false false false true false false true true false false false false false false false false false true false false false false false false false false false true 6 0 true 0 false false false false true true true true false false false true false false false X 18 16 false false false false false false false true true false false true true true true true true true false false IL X JACK DALEY 7089745740 9000 WEST COLLEGE PARKWAY PALOS HILLS IL 60465 X HELEN LOBAS PRESIDENT 6.00 X X 0 0 0 SUSAN WADE VICE PRESIDENT 4.00 X X 0 0 0 JACK DALEY TREASURER 4.00 X X 0 0 0 DR MARGARET LEHNER SECRETARY 4.00 X X 0 0 0 HOLLY A BARTECKI DIRECTOR 2.00 X 0 0 0 ADRIANA CARRASQUILLO DIRECTOR 2.00 X 0 0 0 INOCENCIO CASTRO JR DIRECTOR 2.00 X 0 0 0 DOMINICK DEMONICA DIRECTOR 2.00 X 0 0 0 JOHN DOBBYNS DIRECTOR 2.00 X 0 0 0 PHILIP T FOSTER DIRECTOR 2.00 X 0 0 0 CRISTY GALLEGOS DIRECTOR 2.00 X 0 0 0 PAMELA HANEY DIRECTOR 2.00 X 0 0 0 SYLVIA M JENKINS DIRECTOR 2.00 X 0 0 0 ROBERT G KELLY DIRECTOR 2.00 X 0 0 0 OMAR M NAJIB DIRECTOR 2.00 X 0 0 0 BRUCE G NAWARA DIRECTOR 2.00 X 0 0 0 DENNIS M SHANNON DIRECTOR 2.00 X 0 0 0 SANDRA WAGNER DIRECTOR 2.00 X 0 0 0 0 0 0 0 false false false 0 110505 761991 51974 872496 158225 0 158225 1269724 1029355 240369 240369 0 0 240369 105481 110505 110836 -5355 0 -5355 1265735 0 0 393239 208155 208155 454030 454030 21266 0 21266 0 24473 0 24473 0 50 0 50 0 28763 0 7022 21741 26817 7878 18939 0 CREDIT CARD AND BANK FEES 6614 0 6614 0 SUBSCRIPTIONS AND PUBLICATIONS 2594 0 2594 0 POSTAGE AND MAILING 4205 0 3689 516 PRINTING 9420 0 8230 1190 19938 0 18949 989 806325 670063 111826 24436 502271 183376 10607 24383 5307880 6133050 196769 207546 6017527 6548355 25893 3574 20755 22895 46648 26469 X 4024204 4089513 1946675 2432373 5970879 6521886 6017527 6548355 X 459410 91597 12000 -12000 X false true X true false X 0 442300 687002 496539 742500 872496 3240837 0 0 0 0 0 0 0 0 0 0 0 0 442300 687002 496539 742500 872496 3240837 115396 3125441 117380 114081 137748 137501 158225 664935 0 0 0 0 0 0 0 3905772 0.80020 0.77020 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 983298 349838 101265 21104 0 0 1413297 904694 10700 88773 20869 0 0 983298 1033205 6450 -110983 23978 0 0 904694 681031 165600 201074 14500 0 0 1033205 664747 1450 27704 12870 0 0 681031 0.00000 0.12380 0.87620 false false 1455695 91597 12000 110836 214433 1241262 24473 24473 1265735 904688 12000 110836 122836 781852 24473 24473 806325 Pt V, Line 4 THE FOUNDATIONS ENDOWMENT FUNDS CONSIST OF DONOR-RESTRICTED FUNDS TO SUPPORT MORAINE VALLEY COMMUNITY COLLEGE STUDENT SCHOLARSHIPS Pt XI, Line 2d SPECIAL EVENT DIRECT EXPENSES Pt XII, Line 2d SPECIAL EVENT DIRECT EXPENSES GOLF OUTING 73560 36179 37381 1131 9280 16859 13704 DINNER EVENT 120078 57247 62831 400 15150 250 38447 1 22348 17079 5269 15615 215986 110505 105481 1531 9280 32009 250 67766 110836 -5355 true MORAINE VALLEY COM COLLEGE 9000 WEST COLLEGE PARKWAY PALOS HILLS IL 60465 362614971 198895 3000 SALE OF COMPARABLE PROPERTY FABRIC BOOKS AND SAMPLES PART IV MORAINE VALLEY COM COLLEGE 9000 WEST COLLEGE PARKWAY PALOS HILLS IL 60465 362614971 0 6260 SALE OF COMPARABLE PROPERTY FIRE PROTECTION EQUIPMENT PART IV 1 STUDENT EMERGENCY ASSISTANCE 891 95001 STUDENT SCHOLARSHIP AWARDS 256 324508 STUDENT ADMISSION TESTING 1373 34521 Pt I Line 2 ALL ASSISTANCE GRANTED TO THE MORAINE VALLEY COMMUNITY COLLEGE IS APPROVED BY THE FOUNDATIONS BOARD OF DIRECTORS Other 2,885 - PROVIDE FINANCIAL ASSISTANCE TO THE MORAINE VALLEY COMMUNITY COLLEGE AUTOMOTIVE PROGRAM Other 7,502 - PROVIDE FINANCIAL ASSITANCE TO THE MORAINE VALLEY COMMUNITY COLLEGE FACULTY ASSOCIATION Other 103,000 - PROVIDE FINANCIAL ASSISTANCE TO THE MORAINE VALLEY COMMUNITY COLLEGE FINE AND PERFORMING ARTS CENTER Other 6,260 - PROVIDE FINANCIAL ASISTANCE TO THE MORAINE VALLEY COMMUNITY COLLEGE FIRE SCIENCE PROGRAM Other 8,050 - PROMOTE AWARENESS AND BRAND BUILDING FOR MORAINE VALLEY COMMUNITY COLLEGE Other 4,645 - PROVIDE FINANCIAL ASSISTANCE TO THE MORAINE VALLEY COMMUNITY COLLEGE PSYCHOLOGY DEPARTMENT PROGRAM Other 4,947 - PROVIDE FINANCIAL ASSISTANCE TO THE MORAINE VALLEY COMMUNITY COLLEGE CHORAL PROGRAM Other 2,500 - PROVIDE FINANCIAL ASSISTANCE TO THE MORAINE VALLEY COMMUNITY COLLEGE NURSING PROGRAM Other 19,737 - PROVIDE FINANCIAL ASSISTANCE TO PROMOTE AND ENCOURAGE HIGH SCHOOL STUDENT TO PERSUE A CAREER IN HEALTH CARE Other 1,130 - PROVIDE FINANCIAL ASSISTANCE FOR ON-GOING MAITENANCE OF THE MORAIANE VALLEY COMMUITY COLLEGE FINE AND PERFORMING ARTS CENTER Other 47,499 - PROVIDE FINANCIAL ASSISTANCE FOR THE EXPANSION OF THE MORAINE VALLEY COMMUNITY COLLEGE FOOD PANTRY X 1 2885 SALE OF COMPARABLE PROPERTY X SPECIAL EVENTS MERCHANDISE 76 21217 SALE OF COMPARABLE PROPERTY X FIRE PROTECTION EQUIPMENT 10 6260 SALE OF COMPARABLE PROPERTY X MEDICAL EQUIPMENT 1 2500 SALE OF COMPARABLE PROPERTY X SUPPLIES 829 19112 SALE OF COMPARABLE PROPERTY false true false Pt VI, Line 11b A COPY OF THE FORM 990 IS REVIEWED IN DETAIL BY THE FOUNDATIONSS PRESIDENT, TREASURER AND EXECUTIVE DIRECTOR AND PRESENTED FOR REVIEW AT THE REGULAR BOARD MEETING. Pt VI, Line 12c THE FOUNDATIONS CONFLICT OF INTEREST POLICY IS REVEIWED AND SIGNED BY EACH BOARD MEMBER ON AN ANNUAL BASIS. Pt VI, Line 15a THE COMPENSATION OF THE FOUNDATIONS EXECUTIVE DIRECTOR IS DETERMINED BY THE MORAINE VALLEY COMMUNITY COLLEGE BOARD OF TRUSTEES. Pt VI, Line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. Pt XI DONATED USE OF OFFICE FACILITIES BY MORAINE VALLEY COMMUNITY COLLEGE. Form 990, Part III, Line 4d AUTOMOTIVE PROGRAM - THE FOUNDATION PROVIDES DIRECT 2885. 2885. 0. Form 990, Part III, Line 4d FACULTY ASSOCIATION - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION 7502. 7502. 0. Form 990, Part III, Line 4d FOUNDATION SPONSORSHIPS - THE FOUNDATION REGULARLY PROVIDES MORAINE VALLEY 8050. 8050. 0. Form 990, Part III, Line 4d BUILD A CHOIR LIBRARY - THIS PROGRAM SUPPORTS THE 4947. 4947. 0. Form 990, Part III, Line 4d NURSING PROGRAM - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION 2500. 2500. 0. Form 990, Part III, Line 4d STUDENT TESTING FEES - THE FOUNDATION PROVIDES 34521. 34521. 0. Form 990, Part III, Line 4d FIRE SCIENCE PROGRAM - THE MORAINE VALLEY COMMUNITY 6260. 6260. 0. Form 990, Part III, Line 4d NM BOOTCAMP - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION PROVIDES FUNDING FOR THE 19737. 19737. 0. Form 990, Part III, Line 4d MAINSTAGE PERFORMANCEE - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION PROVIDES 1130. 1130. 0. Form 990, Part III, Line 4d PROJECT CARE - THE MORAINE VALLEY FOUNDATIONGRANTS FUNDS FOR THE EXPANSION 47499. 47499. 0. Form 990, Part III, Line 4d PSYCHOLOGY DEPARTMENT - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION 4645. 4645. 0.