2024-10-29T16:10:50-07:00 2024-06-30 990 2023-07-01 232064496 NORTHAMPTON COUNTY AREA COMMUNITY COLLEGE FOUNDATION NORT 6108615401 3835 Green Pond Road Bethlehem PA 18020 Jason Laubach Treasurer 6108615401 2024-10-29 1 2023 2024-10-15 13:58:12Z Robert Albert 3835 Green Pond Road Bethlehem PA 18020 18132093 0 X www.northampton.edu/foundation X 1969 PA The Northampton Community College Foundation raises, invests and manages private resources for the benefit of Northampton Community College, it's students and it's staff. 45 45 0 100 0 0 2626735 2642463 2536464 2697997 2515940 2697331 392251 424705 8071390 8462496 3322083 3919873 0 0 0 0 0 0 0 3752164 4156781 7074247 8076654 997143 385842 98710827 106203181 14973859 12996348 83736968 93206833 The Northampton Community College Foundation, raises, invests and manages private resources for Northampton Community College, it's students, and it's staff. 0 0 3919873 0 Contributions to NCC enable students to receive scholarships: enhance the academic programs by funding lecturers, faculty development, faculty innovation grants and endowed professorships, and enrich the campus's physical plant through support directed to equipment purchases and campus improvements. Northampton Community College Foundation provided $1.4 million in scholarships to over 800 students in the 2023-2024 fiscal year. The Foundation also works with private donors to fund numerous other programs and projects throughout the college each year that support student need and the college mission. 2687544 2697997 Housing Expenses related to Dormitories for NCC Student Housing. 938831 0 0 Program expenses, Administrative fee expenses, Development expenses and support to the College for personnel costs. 0 0 0 7546248 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 45 45 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 PA X X Jason Laubach 6108615401 3835 Green Pond Road Bethlehem PA 18020 Dr David Ruth President of Northampton Community College 6 34 X 0 254183 69980 James Dunleavy Former Treasurer 6 34 X X X 0 184746 87844 Sharon Beales Former Executive Director 20 20 X X 0 210383 38341 Denise Smith Executive Director 20 20 X 0 101379 24210 Jason Laubach Treasurer 6 34 X X 0 106569 11530 Robert Albert Chair 4 0 X X 0 0 0 Anne Baum Vice Chair 4 0 X X 0 0 0 Steven Follett Board Member 4 0 X 0 0 0 John Alexander Board Member 4 0 X 0 0 0 Patrice Amin Board Member 4 0 X 0 0 0 Catherine Bailey Board Member 4 0 X 0 0 0 Robert Barrett Board Member 4 0 X 0 0 0 Gina Bertucci Board Member 4 0 X 0 0 0 Christopher Brown Board Member 4 0 X 0 0 0 Brian Carr Board Member 4 0 X 0 0 0 James Connell Board member 4 0 X 0 0 0 Thomas Daub Board Member 4 0 X 0 0 0 Bruce Denlinger Board member 4 0 X 0 0 0 Tony Deutsch Board Member 4 0 X 0 0 0 Susan Cooper Drabic Board Member 4 0 X 0 0 0 John Eureyecko Board member 4 0 X 0 0 0 Arif Fazil Board member 4 0 X 0 0 0 Mark Fiorini Board Member 4 0 X 0 0 0 Darla Frack Board Member 4 0 X 0 0 0 Andrew Forte Board Member 4 0 X 0 0 0 Michael Gausling Board member 4 0 X 0 0 0 Christopher Gray Board member 4 0 X 0 0 0 Kevin Greene Board Member 4 0 X 0 0 0 Silvia Hoffman Board member 4 0 X 0 0 0 Christine Hartner Board Member 4 0 X 0 0 0 Christian Martin Board Member 4 0 X 0 0 0 Denise McCall Board member 4 0 X 0 0 0 Michael Molewski Board member 4 0 X 0 0 0 Brandy Igdalsky Board Member 4 0 X 0 0 0 Amy Kowalski Board Member 4 0 X 0 0 0 Bruce Palmer Board member 4 0 X 0 0 0 Dina Manoway Board Member 4 0 X 0 0 0 Charles Peischl Board member 4 0 X 0 0 0 Richard Scott Board Member 4 0 X 0 0 0 Richard Principato Board member 4 0 X 0 0 0 Hasanna Birdsong Board Member 4 0 X 0 0 0 Travis Rhodes Board member 4 0 X 0 0 0 Kevin Campbell Board Member 4 0 X 0 0 0 Jane Schiff Board member 4 0 X 0 0 0 Stuart Shaw Board member 4 0 X 0 0 0 Denise Spence Board Member 4 0 X 0 0 0 Patrick Ryan Board Member 4 0 X 0 0 0 Bruce Waldman Board member 4 0 X 0 0 0 Andrea Weismiller Board member 4 0 X 0 0 0 Gavin Zuchlinski Board member 4 0 X 0 0 0 0 857260 231905 2 1 1 0 0 0 0 0 0 2642463 0 2642463 Rental Revenue from Student Housing 721310 2697997 2697997 0 0 0 0 0 0 2697997 1464694 0 0 1464694 0 0 0 0 0 0 0 0 0 0 10713190 0 9480553 0 1232637 0 1232637 0 0 1232637 440762 0 189044 251718 0 251718 Administrative Fee Revenue 900099 241410 0 0 241410 NPV of Pledges yearly change 900099 21064 0 0 21064 Annuity Liability yearly change 900099 -89487 0 0 -89487 0 0 0 0 172987 8462496 2697997 0 3122036 3919873 3919873 0 0 0 0 13130 2626 10504 0 226182 0 226182 0 202880 202880 0 0 65184 65184 0 0 31253 31253 0 0 33760 0 33760 0 5000 3000 2000 0 Annuitant Payments 127134 0 127134 0 Endowment Administrative Fees 241411 241411 0 0 Expenses related to Student Housing 2687544 2687544 0 0 Contribution for Services from an affiliate 523303 392477 130826 0 8076654 7546248 530406 0 887212 708643 50400 56653 20050 49489 27679027 11285818 17976098 16393209 79598589 88850848 178478 144339 98710827 106203181 815209 903302 0 76300 61450 0 0 0 12460000 11765000 1622350 266596 14973859 12996348 X 17013757 19096330 66723211 74110503 83736968 93206833 98710827 106203181 X 385842 9084023 0 0 0 0 X 0 1 X 1 0 X 3700635 1967664 2367876 2626735 2642463 13305373 3700635 1967664 2367876 2626735 2642463 13305373 2068271 11237102 4297817 1145250 1829429 2536464 2697997 12506957 25812330 0.43534 0.41038 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45252953 1237240 2763707 0 808108 241411 48204381 42256945 1623798 1850422 0 181067 297145 45252953 41827063 1796049 -749037 0 297358 319772 42256945 36739358 1352581 4351221 0 461572 154525 41827063 33628798 2909740 539153 0 0 338333 36739358 0.3 0.7 0 0 0 0 0 0 25211685 0 8971609 16240076 0 0 0 0 0 0 0 0 2467342 0 2314209 153133 16393209 0 Residence Hall Room Deposits 83300 Due to Northampton Community College 39706 Operating Lease Liabilities 143590 266596 17574901 9084022 65520 0 0 9149542 8425359 0 37137 37137 8462496 8105036 65520 0 0 189044 254564 7850472 226182 0 226182 8076654 Schedule D, Part V, Line 4 All Endowment Funds are restricted by the donor or the Board specifically for the use of the College or Foundation to further their missions through scholarships, program support, or capital improvements. Schedule D, Part XI, Line 4b Investment management fees less direct event expenditures. Schedule D, Part XII, Line 2d Direct Event Expenditures Food & Wine Gala 326837 0 326837 0 9000 51269 40524 9450 41280 Golf Tournament 113925 0 113925 0 1000 31397 2243 849 2032 0 440762 0 440762 0 10000 82666 42767 10299 43312 189044 251718 1 Northampton County Area Community College 3835 Green Pond Road Bethlehem PA 18020 236417444 3919873 0 Grant assistance is for the purpose of scholarships, program support, equipment and capital support. 1 1 Schedule I, Part I, Line 2 Grant funds are monitored for appropriate use on a monthly basis and regulated reporting per funder is submitted on a timely basis. X 0 0 0 0 0 0 0 0 0 Dr David Ruth President of Northampton Community College 0 253463 0 0 0 720 0 32950 0 37030 0 324163 0 0 James Dunleavy Treasurer 0 182996 0 0 0 1750 0 23789 0 64055 0 272590 0 0 Sharon Beales Executive Director 0 208633 0 0 0 1750 0 22950 0 15391 0 248724 0 0 Denise Smith Executive Director 0 100899 0 0 0 480 0 8072 0 16138 0 125589 0 0 Jason Laubach Treasurer 0 104819 0 0 0 1750 0 11530 0 0 0 118099 0 0 Form 990, Part VI, Section B, Line 11b The Foundation Board has given authority for the Audit Committee, comprised of Foundation Board members to review and approve the 990 document. Once approved, the Foundation Board is provided with this document for acceptance at their quarterly board meeting. Form 990, Part VI, Section B, Line 12c Each Foundation Board Member is required to file and authorize a conflict of interest statement at the Foundation office. The Executive Director and the Foundation Chairpersons are responsible for enforcing the actions within the conflict of interest statement. Form 990, Part VI, Section C, Line 19 Governing documents for the Foundation are provided to the person(s) requesting. Requests are accepted at the foundation office location via mail or email. Form 990, Part XI, Line 9 Decrease in investment fees Northampton County Area Community College 3835 Green Pond Road Bethlehem PA 18020 236417444 Community College PA N/A 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 Northampton County Area Community College b 3919873