2024-05-15T08:10:56-05:00 2023-06-30 222027092 WITHUM SMITH BROWN PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2022-07-01 042707491 BRISTOL COMMUNITY COLLEGE FOUNDATION INC BRIS 7743572007 777 ELSBREE STREET FALL RIVER MA 02720 FRANK B SOUSA III PRESIDENT 7743572811 2024-05-06 1 FRANK SOUSA III 999009999 0 DAVID A DIIULIS P00303577 6174711120 2024-05-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z FRANK B SOUSA III 777 ELSBREE STREET FALL RIVER MA 02720 7225530 0 X SEE SCHEDULE O X 1980 MA SEE SCHEDULE O 22 21 0 47 0 0 1430047 1669988 0 0 867116 505003 -4472 258609 2292691 2433600 1707236 1033470 0 0 0 0 0 0 57138 432328 591447 2139564 1624917 153127 808683 20944384 41473168 4554601 23399513 16389783 18073655 X THE MISSION OF THE BRISTOL COMMUNITY COLLEGE FOUNDATION IS TO OBTAIN FINANCIAL SUPPORT TO ENHANCE THE ABILITY OF BRISTOL COMMUNITY COLLEGE TO MEET THE LIFELONG EDUCATION NEEDS OF THE GROWING AND CHANGING COMMUNITIES IT SERVES. 0 0 704860 704860 COLLEGE GRANTS: THE GRANTS AWARDED ARE REQUESTED BY FACULTY AND STAFF TO FUND SPECIAL PROGRAMS, SPEAKERS, PROFESSIONAL CONFERENCES AND EQUIPMENT THAT CAN NO LONGER BE FUNDED THROUGH THE COLLEGE OPERATING BUDGET. 328610 328610 TO PROVIDE FINANCIAL ASSISTANCE AND AWARDS TO QUALIFIED STUDENTS. 387071 OTHER PROGRAM EXPENSES: THE FOUNDATION INCURS EXPENSES RELATED TO ITS OPERATIONS WHICH INCLUDES PUBLICATIONS, DATABASE INFRASTRUCTURE, MAIL APPEALS, SPECIAL EVENTS, MEETINGS, AND SPEAKERS TO HELP MEET THE GOALS OF THE BRISTOL COMMUNITY COLLEGE. 387071 1420541 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X JUDI URQUHART 7743572235 777 ELSBREE STREET D118 FALL RIVER MA 02720 X FRANK B SOUSA III PRESIDENT 1.00 X X 0 0 0 NICHOLAS M CHRIST VICE PRESIDENT OF BOARD DEVELOPMENT 1.00 X X 0 0 0 KATHY MACLEAN VICE PRESIDENT OF FUNDRAISING 1.00 X X 0 0 0 ELLIOT ROSENFIELD CPA TREASURER 1.00 X X 0 0 0 RICHARD TERRY ASSISTANT TREASURER 1.00 X X 0 0 0 BRIAN HODESS BOARD MEMBER 1.00 X 0 0 0 LIZ ISHERWOOD BOARD MEMBER 0.50 X 0 0 0 WILLIAM KILEY BOARD MEMBER 0.50 X 0 0 0 JOHN MCMAHON BOARD MEMBER 0.50 X 0 0 0 PATRICK J MURRAY JR BOARD MEMBER 0.50 X 0 0 0 THOMAS P MURRAY CPA BOARD MEMBER 0.50 X 0 0 0 GREGORY F O'DONNELL BOARD MEMBER 0.50 X 0 0 0 BENITA ROSE-MONTEIRO BOARD MEMBER 0.50 X 0 0 0 DIANE L SILVIA RN BOARD MEMBER 0.50 X 0 0 0 DONALD J SMYTH BOARD MEMBER 0.50 X 0 0 0 CLAYTON TIMAS BOARD MEMBER 0.50 X 0 0 0 LUKE P TRAVIS ESQ BOARD MEMBER 0.50 X 0 0 0 DONALD TROPPOLI BOARD MEMBER 0.50 X 0 0 0 RICHARD B WOLFSON BOARD MEMBER 0.50 X 0 0 0 LAURA L DOUGLAS PHD BOARD MEMBER 0.50 X 0 0 0 CYNTHIA G FLANAGAN BOARD MEMBER 0.50 X 0 0 0 JOAN M MEDEIROS BOARD MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 0 1669988 1669988 328959 328959 1575278 1342704 232574 232574 232574 3594249 3418205 176044 176044 176044 57056 31021 26035 26035 2433600 232574 0 531038 704860 704860 328610 328610 76715 76715 24435 85 24350 9703 721 8982 59911 50823 9088 10507 412 5243 4852 232024 232024 4114 4114 DEPARTMENTAL SUPPORT 109639 109639 PROFESSIONAL DEVELOPMEN 44129 44129 FEES 18719 8853 9866 MISCELLANEOUS 1551 782 769 1624917 1420541 147238 57138 612924 1633192 219088 625100 43912 2525864 61174 12431 19859294 2735713 6535999 17123581 13453287 13793681 18000 5759319 20944384 41473168 2206009 15463834 108079 95326 2240513 7139547 0 700806 4554601 23399513 X 3809990 4138694 12579793 13934961 16389783 18073655 20944384 41473168 808683 875189 0 X X 0 1 X 1 0 X 1444444 740557 804407 1430047 1669988 6089443 118973 119064 94332 66788 79412 478569 1563417 859621 898739 1496835 1749400 6568012 1106800 5461212 311568 342216 293096 299568 328959 1575407 6441 8577 11077 24438 26035 76568 8219987 0.66440 0.63280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 11079918 1163035 43742 12286695 12519907 1276539 163450 11079918 10815506 2305646 601245 12519907 10486778 466047 137319 10815506 9945896 138735 792555 316594 60964 12850 10486778 0.04975 0.63491 0.31534 0 0 1449053 1449053 5403347 2686762 2716585 151498 37965 113533 12855396 10986 12844410 17123581 ART COLLECTION 18000 ROU ASSET, NET 5741319 5759319 LEASE LIABILITY 700806 700806 X 4685211 875189 79412 1373725 2328326 2356885 76715 76715 2433600 3001339 79412 1373725 1453137 1548202 76715 76715 1624917 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS PROVIDE SCHOLARSHIPS AND AWARDS TO STUDENTS, FUND CAPITAL EXPANSION AND IMPROVEMENTS, COLLEGE PROGRAMS AND LEARNING CENTERS AND OTHER EDUCATION PURPOSES. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION OF "MORE LIKELY THAN NOT" SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEEMD NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERATIN CIRCUMSTANCES, THE STATUE LIMITATIONS MAY REMAIN OPEN IDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE ORGANIZATION MAY, HOWEVER, BE SUBJECT TO TAX OR UNREALTED BUSINESS INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES - SPECIAL EVENTS 31,021. CAMPUS RENTAL EXPENSE 1,342,704. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES - SPECIAL EVENTS 31,021. CAMPUS RENTAL EXPENSE 1,342,704. PART III, LINE 4: DURING FISCAL YEAR ENDED JUNE 30, 2001, THE ORGANIZATION RECEIED SEVEN WORKS OF ART FOR DISPLAY BY THE CULINARY ARTS DEPARTMENT IN THE GRADY DINING ROOM. THEY WERE MEANT TO ENHANCE THE SURROUNDINGS USED BY THE FACULTY AND STAFF OF BRISTOL COMMUNITY COLLEGE WITH THE CONDITION THAT THESE WORKS BE MAINTAINED AND PRESERVED. THE FOUNDATION ACCEPTED THIS GIFT FOR WHICH A CERTIFICATE OF APPRAISAL WAS PROVIDED. EACH ITEM WAS PHOTOGRAPHED AND INVENTORIED AND THEN GIVEN TO CULINARY ARTS DEPARTMENT WHERE THEY REMAIN. GOLF TOURNAMENT 57056 57056 7312 6426 17283 57056 57056 7312 6426 17283 31021 26035 1 BRISTOL COMMUNITY COLLEGE - COMPONENT UNIT OF COMMONWEALTH OF MASSACHUSETTS 777 ELSBREE STREET FALL RIVER MA 02720 046002284 115 510487 0 PROGRAM FUNDING DEPARTMENT GRANTS REQUESTED BY FACULTY & STAFF FOR EQUIPMENT, CONFERENCES AND SPEAKERS. CAPITAL IMPROVEMENT PROJECTS IF THE NEED AND FUNDS ARE AVAILABLE. SCHOLARSHIPS AND AWARDS TOWARDS TUITION AND SUPPLIES FOR STUDENTS ATTENDING BRISTOL COMMUNITY COLLEGE OR GRADUATING AND ATTENDING A FOUR YEAR COLLEGE 295 328610 PART I, LINE 2: THE FOUNDATION REQUIRES A DESCRIPTION OF GRANTS TO BE COMPLETED AS WELL AS MONITORING AND TRACKING THE USE OF FUNDS AFTER THE GRANT IS GIVEN. PLIMOUTH INVESTMENT ADVISORS BCCF FINANCE COMM. MEMBER IS PRESIDENT & CEO OF PORTFOLIO MANAGEMENT FIRM 32150 PLIMOUTH INVESTMENT ADVISORS MANAGES INVESTMENTS FOR BCCF. THE PRESIDENT OF THE INVESTMENT FIRM IS ALSO A MEMBER OF THE BCCF FINANCE COMMITTEE AND IS A MEMBER OF THE BOARD. INVESTMENT FEES ARE PAID TO THIS COMPANY FOR THOSE SERVICES. 0 BRISTOL COMMUNITY COLLEGE BCCF COMPONENT UNIT OF BCC 283790 LEASE PAYMENTS FROM BCC TO BCCF FOR USE OF ATTLEBORO FACILITY 0 BRISTOL COMMUNITY COLLEGE BCCF COMPONENT UNIT OF BCC 1416804 LEASE PAYMENTS AND REIMBURSEMENT EXPENSES FOR EXPANSION AND IMPROVEMENT OF PROPERTY. 0 BAYCOAST BANK BCCF BOARD MEMBER IS PRESIDENT OF THE BANK 99499 BAYCOAST BANK IS THE MAIN OPERATING BANK AND LENDER FOR THE MORTGAGES THAT BCCF PAYS. THE PRESIDENT OF BAYCOAST BANK IS A MEMBER OF THE BOARD AT BCCF. INTEREST IS PAID TO THIS BANK ON THESE MORTGAGES. 0 FORM 990, PART VI, SECTION B, LINE 11B AUDIT COMMITTEE AND THE PRESIDENT WILL REVIEW PRIOR TO FILING. FORM 990 WILL BE MADE AVAILABLE AT NEXT REGULARLY SCHEDULED BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY REQUIRES ANNUAL DISCLOSURES. ANNUAL CONFLICT OF INTEREST AFFIRMATIONS ARE DISTRIBUTED AT THE ANNUAL MEETING. ONCE ALL MEMBERS HAVE RETURNED THEIR FORM, A MEMO IS SENT TO THE CHARIMAN OF THE AUDIT & ETHICS COMPLAINCE COMMITTEE NOTIFYING THEM THAT THE FORMAS ARE AVAILABLE FOR REVIEW AND ASSESSMENT. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. BRISTOL COMMUNITY COLLEGE- COMPONENT UNIT OF COMMONWEALTH OF MASSACHUSETTS 777 ELSBREE STREET FALL RIVER MA 02720 046278794 EDUCATION - A TWO YEAR COMMUNITY COLLEGE MA 115 N/A N/A 0 0 1 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 BRISTOL COMMUNITY COLLEGE B 704860 REIMBURSED COSTS TO COLLEGE BRISTOL COMMUNITY COLLEGE J 1257866 ACTUAL DISBURSEMENTS BRISTOL COMMUNITY COLLEGE O 79412 25% OF GROSS PAYROLL