2024-03-18T09:52:26-05:00 2023-06-30 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2022-07-01 581311669 CHATTANOOGA STATE COMMUNITY COLLEGE FOUNDATION CHAT 4236974487 4501 AMNICOLA HIGHWAY CHATTANOOGA TN 374061097 ROWENA BELCHER CHAIRMAN 4236974487 2024-03-18 1 ROWENA BELCHER 999009999 0 JANICE A RATICA P00358837 7043338881 2024-03-19 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROWENA BELCHER 4501 AMNICOLA HIGHWAY CHATTANOOGA TN 374061097 1028252 0 X N/A X 1978 TN TO SUPPORT AND ADVANCE THE GOALS IN SUPPORT OF THE MISSION OF CHATTANOOGA STATE COMMUNITY COLLEGE. 15 15 0 15 10988 6531 662984 625016 0 0 460048 344066 -10774 0 1112258 969082 966458 970722 0 0 0 0 0 0 0 81448 72608 1047906 1043330 64352 -74248 9690248 10112121 18654 57978 9671594 10054143 TO BENEFIT AND CARRY OUT THE EDUCATIONAL PURPOSES OF CHATTANOOGA STATE COMMUNITY COLLEGE. 0 0 463362 463362 PROVIDE FUNDING TO MEET THE NEEDS OF APPROXIMATELY 24 DEPARTMENTS/PROGRAMS AT CHATTANOOGA STATE COMMUNITY COLLEGE. ITEMS TYPICALLY PROVIDED INCLUDE SUPPLIES AND/OR EQUIPMENT. 503610 503610 PROVIDE SCHOLARSHIPS FOR APPROXIMATELY 229 STUDENTS OF CHATTANOOGA STATE COMMUNITY COLLEGE. 3750 3750 PROVIDE FUNDING FOR 5 FACULTY/STAFF EXCELLENCE AWARDS, AND FUNDING FOR OTHER FACULTY/STAFF DEVELOPMENT. 970722 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X SUSAN JOSEPH 4236973136 4501 AMNICOLA HIGHWAY CHATTANOOGA TN 374061097 X JOE FERGUSON BOARD MEMBER 0.50 X 0 0 0 WADE HINTON BOARD MEMBER 0.50 X 0 0 0 LARRY PARKS BOARD MEMBER 0.50 X 0 0 0 C DUFFY FRANK JR BOARD MEMBER 0.50 X 0 0 0 W KEITH SANFORD BOARD MEMBER 0.50 X 0 0 0 TOM WHITE BOARD MEMBER 0.50 X 0 0 0 MARICELA RODRIGUEZ DDS BOARD MEMBER 0.50 X 0 0 0 ROWENA BELCHER BOARD MEMBER 0.50 X 0 0 0 JULIE ELSEA BOARD MEMBER 0.50 X 0 0 0 LESLIE GOWER BOARD MEMBER 0.50 X 0 0 0 MARCUS JONES BOARD MEMBER 0.50 X 0 0 0 TIFFANIE ROBINSON BOARD MEMBER 0.50 X 0 0 0 EDNA VARNER CHAIRMAN 1.00 X X 0 0 0 JOHN F GERM TREASURER 0.50 X X 0 0 0 STEFANIE CROWE SECRETARY 0.50 X X 0 0 0 0 0 0 0 0 0 0 0 625016 625016 188096 10988 177108 215140 59170 155970 155970 155970 969082 0 10988 333078 970722 970722 5000 5000 59170 59170 882 882 2183 2183 TAXES 5373 5373 1043330 970722 72608 0 939194 826942 811853 622141 100 0 7939101 8663038 9690248 10112121 18654 57978 18654 57978 X 1099471 1203811 8572123 8850332 9671594 10054143 9690248 10112121 -74248 397628 59169 0 X 0 0 0 X 608441 590052 774687 662984 625016 3261180 608441 590052 774687 662984 625016 3261180 773313 2487867 161062 163617 104582 128514 177109 734884 21466 13433 10988 45887 153 20000 316 20469 4062420 50570 0.61240 0.76410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5927850 101415 620330 233205 6416390 7270066 57250 -987540 411926 5927850 5351508 446424 1631517 159383 7270066 5057813 221486 194671 122462 5351508 4805586 169572 304254 221599 5057813 0.11973 0.33813 0.54214 0 0 0 HEDGE FUND LIMITED PARTNERSHIP 970984 F US TREASURY 199151 F CORPORATE STOCK 2819053 F CORPORATE BONDS 216143 F MUTUAL FUND BONDS 1596969 F MUTUAL EQUITY FUNDS 2860738 F 8663038 1 CHATTANOOGA STATE COMMUNITY COLLEGE 4501 AMNICOLA HIGHWAY CHATTANOOGA TN 37406 620725362 115 970722 0 FMV SUPPORT FOR SCHOLARSHIPS, SUPPLIES AND FACULTY 1 PART I, LINE 2: THE FOUNDATION MAINTAINS FILES OF APPROVED EXPENDITURE REQUEST FORMS. THESE FORMS SHOW THE PURPOSE/CRITERIA OF THE FUNDS AND THE EXPLANATION OF THE REQUEST. IT IS REVIEWED FOR ELIGIBILITY, APPROVED AND SIGNED. SCHOLARSHIPS ARE AWARDED AMONGST INDIVIDUALS WHO ATTEND THE COLLEGE AND SUBMIT A SCHOLARSHIP APPLICATION. THE APPLICANTS ARE REVIEWED BASED ON SELECTION CRITERIA, WHICH ARE DETAILED IN THE FOUNDATION SCHOLARSHIP POLICY. NO MONEY ACTUALLY GOES TO THE RECIPIENT - THE FUNDS ARE CREDITED TO THE STUDENTS ACCOUNT, THEN THE COLLEGE BILLS THE FOUNDATION FOR THE TOTAL AMOUNT CREDITED FOR THAT PARTICULAR SEMESTER FOR ALL STUDENTS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD CHAIR FOR REVIEW AND SIGNATURE, AND IT IS MADE AVAILABLE TO THE ENTIRE BOARD FOR INSPECTION AND REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER REVIEWS AND ACKNOWLEDGES THE CONFLICTS OF INTEREST POLICY ON AN ANNUAL BASIS. ANY POTENTIAL CONFLICTS ARE REVIEWED BY THE CHAIRMAN OF THE BOARD, AND IN THE EVENT A CONFLICT OF INTEREST ACTUALLY EXISTS, THE INTERESTED PERSON IS REQUIRED TO RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS ON VOTE ON THE MATTER. ANY PROPOSED TRANSACTION IN WHICH A CONFLICT OF INTEREST HAS BEEN IDENTIFIED MUST BE APPROVED BY THE MAJORITY OF THE DISINTERESTED MEMBERS OF THE BOARD OR THE APPROPRIATE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION DOES NOT HAVE ANY EMPLOYEES. INSTEAD, INDIVIDUALS WHO PERFORM SERVICES FOR THE FOUNDATION ARE EMPLOYED BY THE COLLEGE. THE FOUNDATION PAYS A SHARED SERVICE AGREEMENT FEE AND REIMBURSES THE COLLEGE FOR CERTAIN ADMINISTRATIVE EXPENSES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.