2024-02-28T17:12:10-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2022-07-01 952993847 RIVERSIDE COMMUNITY COLLEGE DISTRICT FOUNDATION RIVE 9512228627 PO BOX 907 RIVERSIDE CA 92502 WENDY JOHNSON EXECUTIVE DIRECTOR 9512228627 2024-02-22 1 WENDY JOHNSON 999009999 0 LISA N RYSSEL CPA P00643670 7149781300 2024-02-22 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFFRY KAATZ PO BOX 907 RIVERSIDE CA 92502 2543109 0 X WWW.RCCD.EDU/FOUNDATION X 1975 CA THE RCCD FOUNDATION RAISES AND MANAGES PRIVATE DONATIONS TO SUPPORT THE STUDENTS, PROGRAMS, AND FACULTY OF THE RCCD COLLEGES MORENO VALLEY COLLEGE, NORCO COLLEGE, AND RIVERSIDE CITY COLLEGE. 17 17 0 17 0 0 4256200 1492971 0 0 624062 81060 58782 37449 4939044 1611480 710847 390884 0 0 7554 0 0 0 0 1530784 1823683 2249185 2214567 2689859 -603087 20450613 20578576 698049 326858 19752564 20251718 THE RCCD FOUNDATION RAISES AND MANAGES PRIVATE DONATIONS TO SUPPORT THE STUDENTS, PROGRAMS, AND FACULTY OF THE RCCD COLLEGES-MORENO VALLEY COLLEGE, NORCO COLLEGE, AND RIVERSIDE CITY COLLEGE. 0 0 801501 THE FOUNDATION IS DEDICATED TO ADVANCING ACADEMIC EXCELLENCE AND ACCESS TO EDUCATION FOR ALL RESIDENTS. IN FURTHERANCE OF THIS MISSION THE FOUNDATION WILL DEVELOP RESOURCES TO ASSIST THE DISTRICT IN MEETING ITS OBJECTIVES AND WILL ENCOURAGE A VARIETY OF PARTNERSHIPS AND ALLIANCES IN THE COMMUNITIES IT SERVES. THE ORGANIZATION HAS PROVIDED SUPPLEMENTAL FINANCIAL SUPPORT FOR THE EDUCATIONAL PROGRAMS OF THE RIVERSIDE COMMUNITY COLLEGE DISTRICT. 390884 390884 THE FOUNDATION PROVIDES SCHOLARSHIPS FOR STUDENTS ATTENDING COLLEGES WITHIN THE RIVERSIDE COMMUNITY COLLEGE DISTRICT. 863451 THE FOUNDATION SOLICITS AND RECEIVES VARIOUS GRANTS. GRANT FULLFILLMENT REPRESENTS FUNDS THAT HAVE BEEN SPENT ACCORDING TO THE GRANT'S PURPOSE. 2055836 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X WENDY JOHNSON 9512228627 PO BOX 907 RIVERSIDE CA 92502 COREY A SEALE IMMEDIATE PAST PRESIDENT 1.00 0.00 X 0 0 0 ROBERT RIDDICK PRESIDENT 1.00 0.00 X X 0 0 0 DENNIS BRANDT VICE PRESIDENT 1.00 0.00 X X 0 0 0 JESUS HOLGUIN TREASURER 1.00 0.00 X X 0 0 0 SHAUNA ALBRIGHT-AUSTIN MEMBER 1.00 0.00 X 0 0 0 STEVE LOOMIS MEMBER 1.00 0.00 X 0 0 0 DAVID SLAWSON MEMBER 1.00 0.00 X 0 0 0 SHIRLEY COATES MEMBER 1.00 0.00 X 0 0 0 JACQUELINE HALL MEMBER 1.00 0.00 X 0 0 0 BEN JOHNSON II MEMBER 1.00 0.00 X 0 0 0 SERGIO DIAZ MEMBER 1.00 0.00 X 0 0 0 MICHELLE HERTING MEMBER 1.00 0.00 X 0 0 0 DR ALBERT RANDALL MEMBER 1.00 0.00 X 0 0 0 SHANNON CARLSON MEMBER 1.00 0.00 X 0 0 0 VIVIEN DELEONE MEMBER 1.00 0.00 X 0 0 0 DONNA GRANT MEMBER 1.00 0.00 X 0 0 0 TERI PARKER MEMBER 1.00 0.00 X 0 0 0 LAUNA WILSON EXECUTIVE DIRECTOR 1.00 40.00 X 0 199480 76898 0 199480 76898 0 0 1 0 0 1492971 1492971 139650 139650 839785 898375 -58590 -58590 -58590 70703 33254 37449 37449 1611480 0 0 118509 390884 390884 47196 47196 24413 24413 566046 566046 35 35 2044 2044 CONTRACT SERVICES 884888 884888 SUPPORT-INSTRUCTIONAL A 164805 164805 OTHER EXPENSES 88431 37252 51179 EQUIPMENT 45325 11461 33864 500 500 2214567 2055836 158731 0 3621997 742762 1182617 4073514 765922 189101 10986167 11136492 475140 440019 459125 3453891 3502442 20450613 20578576 44666 21697 653383 305161 698049 326858 X 1013089 1190980 18739475 19060738 19752564 20251718 20450613 20578576 X -603087 1029693 72548 X X 0 1 X 1 0 X 1498589 1317241 5012329 4256200 1492917 13577276 630461 832844 876427 910586 966289 4216607 2129050 2150085 5888756 5166786 2459206 17793883 17793883 87776 108109 143065 133614 139650 612214 40273 37199 24291 101763 18507860 0.96140 0.94290 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2018 AMOUNT: $ 40,273. 2019 AMOUNT: $ 37,199. 2020 AMOUNT: $ 24,291. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10807545 190157 1005780 345057 11658425 11063655 1014388 -1134895 135603 10807545 8455439 445922 2367918 205624 11063655 7988413 363417 343499 239890 8455439 7499808 229108 450898 191401 7988413 0.00856 0.99144 0.00000 0 0 0 SPLIT INTEREST AGREEMENTS RECEIVABLE 3502442 3502442 REFUNDABLE ADVANCE 305161 305161 X 3828135 1029693 966289 234615 2230597 1597538 47196 -33254 13942 1611480 3328981 966289 195321 1161610 2167371 47196 47196 2214567 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT FOUNDATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING CALIFORNIA PROVISIONS. THE FOUNDATION HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF ANY AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED RELATE TO THE FOUNDATION'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS WILL MORE LIKELY THAN NOT BE SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE FOUNDATION FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE - SPLIT INTEREST AGREEMENTS 48,552. ADMINISTRATIVE FEE (INTERFUND REVENUE, NON-CASH) 166,957. CHANGE IN VALUE - FUNDS HELD BY FCCC 19,106. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES (SHIFTED FROM FUNCTIONAL EXPENSES -33,254. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEE (INTERFUND EXPENSE, NON-CASH) 166,957. ALLOWANCE AND WRITE OFF OF UNCOLLECTABLE PLEDGES RECEIVABLE, NET (NON-CASH) -4,890. SPECIAL EVENTS EXPENSES (SHIFTED FROM FUNCTIONAL EXPENSES 33,254. GOLF TOURNAMENT 70703 70703 33254 70703 70703 33254 33254 37449 1 GRANTS AND SCHOLARSHIPS 250 390884 SCHEDULE I PART I LINE 2 ONITORING FOR SCHOLARSHIPS THE FOUNDATION REVIEWS AVAILABLE FUND BALANCES FOR EACH SCHOLARSHIP AND REVIEWS THE SCHOLARSHIP CRITERIA TO SEE IF SPECIFIC AWARD AMOUNTS ARE SPECIFIED. IF THERE ARE, WE FOLLOW THOSE GUIDELINES. IF NOT, WE TRY TO KEEP THE AWARDS AT OR ABOVE $300 WHEREVER POSSIBLE IN ORDER TO PROVIDE AN AMOUNT THAT IS MEANINGFUL TO THE STUDENT. SELECTION CRITERIA VARIES BETWEEN SCHOLARSHIPS, BUT CANDIDATES ARE SCREENED INTO POOLS AT THE TIME OF APPLICATION WHERE THEY MUST MEET BASIC CRITERIA SUCH AS GPA, FINANCIAL NEED, MAJOR, ETC. THEN THEY ARE SCREENED AGAIN BY BOARD MEMBERS AND COLLEGE FACULTY AND STAFF TO ESTABLISH THE TOP CANDIDATES FOR EACH SCHOLARSHIP. A FINAL REVIEW IS PERFORMED BY THE FOUNDATION STAFF TO ENSURE THE FINALISTS MEET ALL OF THE CRITERIA SPECIFIED FOR THAT PARTICULAR SCHOLARSHIP BEFORE THE AWARDS ARE FINALIZED. FUNDS ARE DISBURSED EACH SEMESTER AND CONTINUING STUDENTS ARE REQUIRED TO MAINTAIN THEIR ENROLLMENT IN ORDER TO RECEIVE THEIR AWARDS. 0 0 0 0 0 0 0 0 0 LAUNA WILSON EXECUTIVE DIRECTOR 0 199480 0 0 0 0 0 45719 0 31179 0 276378 0 0 FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS WILL BE PROVIDED WITH A COPY OF THE RETURN EITHER BY MAIL OR E-MAIL BEFORE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE ANNUAL DISCLOSURES ARE REVIEWED BY THE DIRECTOR AND IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTING OF THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF THE RIVERSIDE COMMUNITY COLLEGE DISTRICT AND SALARIES ARE DETERMINED AND REVIEWED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES AVAILABLE FOR PUBLIC INSPECTION DURING THEIR NORMAL BUSINESS HOURS ITS FORMS 1023 AND 990 IN THEIR ADMINISTRATIVE OFFICES. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE - SPLIT INTEREST AGREEMENT 48,552. ALLOWANCE AND WRITE OFF OF UNCOLLEGTIBLE PLEDGES RECEIVABLE, NET 4,890. CHANGE IN VALUE - FUNDS HELD BY FCCC 19,106. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES TO THE ORGANIZATIONS OVERSIGHT OR SELECTION PROCESS FROM THE PREVIOUS YEAR. RIVERSIDE COMMUNITY COLLEGE DISTRICT 4800 MAGNOLIA AVE RIVERSIDE CA 92506 330831357 CALIFORNIA COMMUNITY COLLEGE DISTRICT CA 115 LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 RIVERSIDE COMMUNITY COLLEGE DISTRICT O 913177 ACTUAL PAID-DONATED SERVICES RIVERSIDE COMMUNITY COLLEGE DISTRICT P 386884 ACTUAL PAID-SCHOLARSHIPS