2024-05-10T12:46:53-05:00 2023-06-30 363168081 SIKICH LLP 1415 W DIEHL RD SUITE 400 NAPERVILLE IL 605632349 990 2022-07-01 237348228 WILLIAM RAINEY HARPER COLLEGE EDUCATIONAL FOUNDATION WILL 8479256490 1200 WEST ALGONQUIN ROAD PALATINE IL 60067 HEATHER ZOLDAK CHIEF ADVANCEMENT OFFICER 8479256490 2024-05-09 1 HEATHER ZOLDAK 999009999 1 HEATHER BONIFAS CPA P01711657 6305668400 2024-05-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HEATHER ZOLDAK 1200 WEST ALGONQUIN ROAD PALATINE IL 60067 48918638 0 X WWW.HARPERCOLLEGE.EDU/FOUNDATION X 1973 IL PROVIDES SCHOLARSHIPS AND ENHANCES THE QUALITY OF THE EDUCATIONAL ENVIRONMENT AND PROGRAMMING. 32 32 0 80 4132 2835 4594394 1616934 0 0 129912 714880 -25194 -24884 4699112 2306930 7910175 5847099 0 0 0 0 0 0 95306 270476 294568 8180651 6141667 -3481539 -3834737 50154930 48432289 380508 406499 49774422 48025790 X THE HARPER COLLEGE EDUCATIONAL FOUNDATION WAS ESTABLISHED IN 1973 AS A NON-PROFIT (501 (C)(3)) ORGANIZATION TO PROVIDE FUNDING AND RESOURCES FOR THE COLLEGE NOT AVAILABLE THROUGH NORMAL GOVERNMENT AND TAX SOURCES.VISION THE HARPER COLLEGE EDUCATIONAL FOUNDATION STRIVES TO PROVIDE ALL HARPER COLLEGE STUDENTS WITH OPPORTUNITIES TO TRANSFORM THEIR LIVES AND ENRICH THE COMMUNITY THROUGH EDUCATION WITHOUT FINANCIAL BARRIERS. MISSION THE HARPER COLLEGE EDUCATIONAL FOUNDATION CONNECTS THE COLLEGE TO THE GREATER COMMUNITY, ALUMNI, BUSINESSES AND LEADERS BY INSPIRING AND ALIGNING DONOR PASSION AND GENEROSITY THROUGH PHILANTHROPIC SUPPORT FOR STUDENTS AND PROGRAM ENRICHMENTS. 0 0 5884597 5847099 SCHOLARSHIPS: THE FOUNDATION OVERSEES MORE THAN 225 SCHOLARSHIPS AND AWARDS TO OVER 1847 INDIVIDUALS ANNUALLY. THESE SCHOLARSHIPS PROVIDE ASSISTANCE AND SUPPORT TO STUDENT SCHOLARS AND STUDENTS FACING BARRIERS TO ACADEMIC ACHIEVEMENT. PROGRAM GRANTS: THE FOUNDATION PROVIDES SEED MONEY FOR EXCELLENCE IN TEACHING AND LEARNING THROUGH THE RESOURCES FOR EXCELLENCE GRANT PROCESS. SOME PAST GRANT RECIPIENTS INCLUDE PROGRAMS THAT SERVE WOMEN, MINORITY STUDENTS AND STUDENTS WITH DISABILITIES, AS WELL AS DEGREE PROGRAMS IN THE FIELDS OF HEALTHCARE, MANUFACTURING AND SCIENCE. 5884597 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 9 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X SUZETTE TOLENTINO SR DIRECTOR OF FINANCE & OPERATIONS 8479256182 1200 W ALGONQUIN ROAD PALATINE IL 60067 BRENDA KNOX PRESIDENT 1.00 X X 0 0 0 GEORGEANNA MEHR TREASURER 1.00 X X 0 0 0 RICHARD P HOHOL PAST PRESIDENT 1.00 X X 0 0 0 PATTY MOYER SECRETARY 1.00 X X 0 0 0 RAFAEL MALPICA VP BOARD MEMBERSHIP 1.00 X X 0 0 0 W BRADLEY STETSON VP DEVELOPMENT 1.00 X X 0 0 0 MARK W CLEARY VP PROGRAMS 1.00 X X 0 0 0 ELLA LIBERMAN MEMBER AT LARGE 1.00 X X 0 0 0 RANDY L GREEN DIRECTOR 1.00 X 0 0 0 BRIAN BATTLE DIRECTOR 1.00 X 0 0 0 NANCY M CASTLE DIRECTOR 1.00 X 0 0 0 JOHN CHAPMAN DIRECTOR 1.00 X 0 0 0 RAJU DATLA DIRECTOR 1.00 X 0 0 0 POLLY DAVENPORT DIRECTOR 1.00 X 0 0 0 KATHY GILMER DIRECTOR 1.00 X 0 0 0 ERIC HARRELL DIRECTOR 1.00 X 0 0 0 STEVE JACKSON DIRECTOR 1.00 X 0 0 0 LAURA LEBER DIRECTOR 1.00 X 0 0 0 KIM MAGUIRE DIRECTOR 1.00 X 0 0 0 DEIRDRE MANNA DIRECTOR 1.00 X 0 0 0 JOE MARTIN DIRECTOR 1.00 X 0 0 0 MONICA MUELLER DIRECTOR 1.00 X 0 0 0 SAM OLIVER DIRECTOR 1.00 X 0 0 0 SCOT PEPPER DIRECTOR 1.00 X 0 0 0 JAMES PFEIFFER DIRECTOR 1.00 X 0 0 0 WILLIAM PROVAN DIRECTOR 1.00 X 0 0 0 SUSAN ROGERS DIRECTOR 1.00 X 0 0 0 DREW J SCHAEFER DIRECTOR 1.00 X 0 0 0 JEFFREY F SRONKOSKI DIRECTOR 1.00 X 0 0 0 ANTHONY WAY DIRECTOR 1.00 X 0 0 0 THOMAS G WISCHHUSEN DIRECTOR 1.00 X 0 0 0 MELANIE WITT DIRECTOR 1.00 X 0 0 0 LAURA J BROWN (EX-OFFICIO) CHIEF ADVANCE 20.00 20.00 X 0 203768 1910 HEATHER ZOLDAK ASSO. EXEC. DIREC.FOUNDATI 40.00 X 0 118157 21555 DR AVIS PROCTOR (EX-OFFICIO) 1.00 X 0 0 0 DIANE HILL (EX-OFFICIO) TRUSTEE LIAIS 1.00 X 0 0 0 0 321925 23465 0 0 1 0 0 149415 1467519 30134 1616934 714807 4132 710675 46544760 46544687 73 73 73 42137 149415 67021 -24884 -24884 2306930 0 4132 685864 269329 269329 5577770 5577770 104673 104673 159340 18122 45912 95306 1346 558 788 10838 10838 7420 7420 ARTWORK 7980 7980 MISCELLANEOUS 1374 1374 PRINTING 1189 1189 SUPPLIES 408 408 6141667 5884597 161764 95306 3886854 2608252 127451 274126 7990 46140625 45541921 50154930 48432289 380508 406499 380508 406499 X 36999209 34725234 12775213 13300556 49774422 48025790 50154930 48432289 -3834737 2086105 0 X 0 1 X 1 0 X X 1 WILLIAM RAINEY HARPER COLLEGE 362582782 6 1 5573532 0 1 5573532 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X SCHEDULE A, PAGE 5, SECTION D, LINE 2: WILLIAM RAINEY HARPER COLLEGE PAID FOR THE SALARY OF THE ASSOCIATE EXECUTIVE DIRECTOR/MAJOR GIFTS OF WILLIAM RAINEY HARPER COLLEGE EDUCATIONAL FOUNDATION. 1/4 OF COMPENSATION IS FOR INSTITUTIONAL INITIATIVES FOR HARPER COLLEGE AND 3/4 FOR THE ROLE OF THE ASSOCIATE EXECUTIVE DIRECTOR/MAJOR GIFTS OF WILLIAM RAINEY HARPER COLLEGE EDUCATIONAL FOUNDATION. WILLIAM RAINEY HARPER COLLEGE PAID FOR A PORTION OF THE SALARY OF THE ASSOCIATE EXECUTIVE DIRECTOR/MAJOR GIFTS OF WILLIAM RAINEY HARPER COLLEGE EDUCATIONAL FOUNDATION. THE FOUNDATION PAID FOR $50,000. THE COMPENSATION IS SPLIT FOR INSTITUTIONAL INITIATIVES FOR HARPER COLLEGE AND FOR THE ROLE OF THE ASSOCIATE EXECUTIVE DIRECTOR/ MAJOR GIFTS OF WILLIAM RAINEY HARPER COLLEGE EDUCATIONAL FOUNDATION. THE FOUNDATION PAID FOR 100% OF THE ANNUAL GIVING AND EVENTS MANAGER'S SALARY AND BENEFITS. THE FOUNDATION WORKS CLOSELY WITH THE COLLEGE AND ACTS AS THE FUNDRAISING ARM OF THE COLLEGE. PART IV, SECTION A, LINE 2: WILLIAM RAINEY HARPER COLLEGE IS A GOVERNMENTAL ENTITY AND DOES NOT HAVE AN IRS DETERMINATION SCHEDULE A, PAGE 5, SECTION D, LINE 3: EXECUTIVE VICE PRESIDENT OF FINANCE AND ADMINISTRATIVE SERVICES OF THE COLLEGE IS ON THE INVESTMENT COMMITTEE OF THE FOUNDATION. SCHEDULE A, PAGE 5, SECTION E, LINE 1C: THE FOUNDATION'S ACTIVITIES (SCHOLARSHIPS AND GRANTS) PERFORM THE FUNCTION OF, OR CARRY OUT THE PURPOSES OF, THE COLLEGE. IF THE FOUNDATION WAS NOT PERFORMING THESE ACTIVITIES FOR THE COLLEGE, THE COLLEGE WOULD ENGAGE IN THESE ACTIVITIES THEMSELVES. WITHOUT THE ACTIVITIES OF THE FOUNDATION, THE COLLEGE MAY NOT BE ABLE TO OBTAIN THE RESOURCES TO PROVIDE SCHOLARSHIPS, TEACHING EXCELLENCE GRANTS, AND PROGRAM GRANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38427998 873331 2456342 2098675 -60130 39719126 33092450 9910394 -3318154 2004542 -747850 38427998 27000612 2894182 4913758 2044276 -328174 33092450 25382278 2318468 617770 1343443 -25539 27000612 17459333 7050334 1076579 275475 -71507 25382278 0.70687 0.18742 0.10571 0 0 0 X 4941042 2086105 585659 67021 2738785 2202257 104673 104673 2306930 6689674 585659 67021 652680 6036994 104673 104673 6141667 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS FOR SCHOLARSHIPS AND OTHER ACTIVITIES THAT SUPPORT THE COLLEGE. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION EVALUATES ITS UNCERTAIN TAX POSITIONS ON AN ANNUAL BASIS, AND THERE HAVE BEEN NO RECORDED UNCERTAIN TAX POSITIONS RECORDED IN 2023, 2022 OR 2021. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION FILES VARIOUS FEDERAL OR STATE NON-PROFIT TAX RETURNS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2020 OR 2019, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 67,021. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 67,021. GOLF OUTING 167502 127359 40143 1788 32359 10664 TOP GOLF 2750 756 1994 1994 5 21300 21300 20216 191552 149415 42137 1788 32359 1994 30880 67021 -24884 1 WILLIAM RAINEY HARPER COLLEGE 1200 WEST ALGONQUIN ROAD PALATINE IL 60067 362582782 501(C)(1) 269329 0 PROGRAM GRANTS, RESOURCE FOR EXCELLENCE 1 AWARDS 17 13151 SCHOLARSHIPS 1834 5559619 5000 FMV BOOKSTORE GIFT CARDS PART I, LINE 2: THE FOUNDATION PROVIDES SEED MONEY FOR EXCELLENCE IN TEACHING AND LEARNING THROUGH THE RESOURCES FOR EXCELLENCE GRANT PROCESS. SOME PAST GRANT RECIPIENTS INCLUDE PROGRAMS THAT SERVE WOMEN, MINORITY AND UNDER-SERVED POPULATIONS AND STUDENTS FROM THE HARD OF HEARING COMMUNITY. THE FOUNDATION'S SENIOR DIRECTOR FINANCE AND OPERATIONS MONITORS THE EXPENDITURE OF THESE GRANTS DURING THE FISCAL YEAR AND KEEPS RECORD OF ALL EXPEDITURES FOR THE GRANTS. 0 0 0 0 0 0 0 0 0 LAURA J BROWN (EX-OFFICIO) CHIEF ADVANCE 0 198605 0 5163 0 0 0 0 0 1910 0 205678 0 0 PART I, LINE 3 WILLIAM RAINEY HARPER COLLEGE PAID FOR THE SALARY OF THE ASSOCIATE EXECUTIVE DIRECTOR/MAJOR GIFTS OF WILLIAM RAINEY HARPER COLLEGE EDUCATIONAL FOUNDATION. 1/4 OF COMPENSATION IS FOR INSTITUTIONAL INITIATIVES FOR HARPER COLLEGE AND 3/4 FOR THE ROLE OF THE ASSOCIATE EXECUTIVE DIRECTOR/MAJOR GIFTS OF WILLIAM RAINEY HARPER COLLEGE EDUCATIONAL FOUNDATION. WILLIAM RAINEY HARPER COLLEGE (SUPPORTED ORGANIZATION) USES A COMPENSATION SURVEY/STUDY AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE TO DETERMINE THE SALARY FOR LAURA BROWN. X 3 22570 STOCK QUOTES X GIFT CARDS 100 5000 FMV X MAGAZINE PUBLICATION 2 2564 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS GIVEN TO THE FOUNDATIONS SENIOR DIRECTOR FINANCE AND OPERATIONS AND AUDIT COMMITTEE WHERE IT IS REVIEWED BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS EMAILED TO ALL FOUNDATION BOARD MEMBERS TO BE SIGNED AND RETURNED AT THEIR ANNUAL ONE ON ONE MEETING WITH THE FOUNDATION CHIEF ADVANCEMENT OFFICER. POLICY REQUIRES THAT ALL POTENTIAL CONFLICTS OF INTEREST SHALL BE PRESENTED IN WRITING TO THE FOUNDATION PRESIDENT AND THE FOUNDATION CHIEF ADVANCEMENT OFFICER FOR PURPOSES OF REVIEW AND POSSIBLE REMEDIAL ACTION. SUCH ACTION MAY INCLUDE HOLDING INFORMATION ON FILE, INFORMING THE BOARD OF THE APPEARANCE OF CONFLICT OF INTEREST, OR REQUIRING THE CHIEF ADVANCEMENT OFFICER TO EITHER CEASE AND DESIST ACTIVITY OR TO RELINQUISH FOUNDATION DIRECTORSHIP. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION IS PAID BY A RELATED PARTY WILLIAM RAINEY HARPER COLLEGE. THE FOUNDATION RELIED ON A HARPER COLLEGE'S COMPENSATION PROCEDURES TO ESTABLISH TOP MANAGEMENT OFFICIAL'S COMPENSATION. HARPER COLLEGE HAD A SALARY SURVEY DONE IN THE EDUCATIONAL ADVANCEMENT FOR THE MIDWEST REGION FROM CASE AND INDICATE THAT TOP MANAGEMENT POSITIONS ARE COMPENSATED COMPETITIVELY BASED ON ORGANIZATIONAL SIZE, RESPONSIBILITY AND EXPERIENCE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, 990, AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. ALL REQUEST WILL BE SUBMITTED TO, FULFILLED AND LOGGED BY THE FOUNDATION SENIOR DIRECTOR FINANCE AND OPERATIONS. WILLIAM RAINEY HARPER COLLEGE 1200 WEST ALGONQUIN ROAD PALATINE IL 60067 362582782 EDUCATIONAL INSTITUTION IL 501(C)(1) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0