2024-11-18T11:52:10-06:00 2024-06-30 060903326 WHITTLESEY PC 280 TRUMBULL ST 24TH FL HARTFORD CT 06103 990 2023-07-01 066105971 MANCHESTER COMMUNITY COLLEGE FOUNDATION INC MANC 8605122903 PO BOX 1046 MANCHESTER CT 06045 PETER GROSE PRESIDENT 8605122903 2024-11-17 1 1 LISA WILLS P01828548 8605223111 2023 2024-10-15 13:58:12Z PETER GROSE PO BOX 1046 MANCHESTER CT 06045 7258935 0 X WWW.MANCHESTERCC.EDU/FOUNDATION X 1968 CT MCCF ASSISTS MCC IN ACHIEVING ITS MISSION THROUGH SUPPORT OF PROGRAMS, SCHOLARSHIPS AND EQUIPMENT. 19 19 0 30 0 0 502514 1121863 0 0 414150 562322 0 0 916664 1684185 1195816 1190331 0 0 0 0 0 0 82366 246248 289270 1442064 1479601 -525400 204584 16810180 18474739 50254 25428 16759926 18449311 X MANCHESTER COMMUNITY COLLEGE FOUNDATION ADVANCES THE ACADEMIC, ECONOMIC, AND PERSONAL GROWTH OF DIVERSE POPULATIONS BY FINDING SOURCES OF FUNDING WHICH WILL BE USED TO ASSIST THE COLLEGE IN ACHIEVING ITS MISSION AND GOALS. 0 0 1190331 1190331 MCC FOUNDATION PROVIDES FINANCIAL SUPPORT TO THE STUDENTS OF MCC THROUGH EDUCATIONAL MERIT AND FINANCIALLY BASED SCHOLARSHIPS. THE MCC FOUNDATION TYPICALLY GRANTS OVER $350,000 PER YEAR TO MORE THAN 500 STUDENTS WHO SUBMIT APPLICATIONS FOR ASSISTANCE FOR THEIR EDUCATIONAL PURSUITS.THE FOUNDATION PROVIDES SUPPORT TO MAINTAIN THE LEVEL OF EXCELLENCE OF MANCHESTER COMMUNITY COLLEGE PROGRAMS. MCC FOUNDATION SUPPORTS MCC PROGRAMS SUCH AS CULINARY ARTS AND HOSPITALITY, FINE ARTS, ALLIED HEALTH, ENGINEERING AND TECHNOLOGY, AND MANY OTHERS. FUNDING BOLSTERS PROGRAMS WITH RESOURCES TO PROVIDE EXCELLENT EDUCATIONAL EXPERIENCES AND TRAINING THAT PREPARES STUDENTS TO ENTER THE WORKFORCE WITH THE KNOWLEDGE AND INSTRUCTION THAT EMPLOYERS REQUIRE FOR TODAY AND THE FUTURE. 1190331 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 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 12 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 CT X CLIFTONLARSONALLEN 8602959600 344 NORTH MAIN STREET MARLBOROUGH CT 06447 X PETER GROSE PRESIDENT 2.00 X X 0 0 0 STEVEN HERNANDEZ VICE PRESIDENT 2.00 X X 0 0 0 YVONNE MARTIN SECRETARY & AND INERIM TREASURER 2.00 X X 0 0 0 TJ BENOIT DIRECTOR 2.00 X 0 0 0 DR LINDA BURKE DIRECTOR 2.00 X 0 0 0 MARTIN J HART DIRECTOR 2.00 X 0 0 0 DR SAIRA KAZMI DIRECTOR 2.00 X 0 0 0 THOMAS MONGELLOW DIRECTOR 2.00 X 0 0 0 BRIAN NWAFOR DIRECTOR 2.00 X 0 0 0 TAMMY NUCCIO DIRECTOR 2.00 X 0 0 0 NITZA RIVERA DIRECTOR 2.00 X 0 0 0 JASON ROJAS DIRECTOR 2.00 X 0 0 0 ASKER SAEED DIRECTOR 2.00 X 0 0 0 PETER SCHAUSTER DIRECTOR 2.00 X 0 0 0 BETHANY SILVER DIRECTOR 2.00 X 0 0 0 NASHAY SMITH DIRECTOR 2.00 X 0 0 0 MARLON TAFFE DIRECTOR 2.00 X 0 0 0 JOANN THULIN DIRECTOR 2.00 X 0 0 0 JULISA VELASQUEZ DIRECTOR 2.00 X 0 0 0 THOMAS REYNOLDS DEAN OF INSTITUTIONAL ADVA 35.00 X 0 0 0 0 0 0 0 0 0 0 0 1121863 1121863 396790 396790 5740282 5574750 165532 165532 165532 1684185 0 0 562322 1190331 1190331 15488 15488 65743 65743 61585 61585 47129 7223 39906 88449 47480 40969 1491 1491 5014 5014 4371 4371 1479601 1190331 206904 82366 382073 482840 43369 25899 12884 12899 16371854 17953101 16810180 18474739 50254 25428 50254 25428 X 11888528 12387319 4871398 6061992 16759926 18449311 16810180 18474739 204584 1484801 0 X X 0 1 X 1 0 X 385593 241165 859213 826467 1121863 3434301 385593 241165 859213 826467 1121863 3434301 3434301 367195 438343 359397 396790 1561725 4996026 0.68740 0.69890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16371854 1525000 2047122 1990875 17953101 15582393 1313630 -1463054 938885 16371854 18755752 1392726 -2195772 2370433 15582393 17413969 117182 1561277 336677 18755752 15857913 52643 1434643 68770 17413969 0.69000 0.31000 0 0 0 3438076 1484801 330675 1815476 1622600 61585 61585 1684185 1748691 330675 330675 1418016 61585 61585 1479601 PART V, LINE 4: THE FOUNDATION'S INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS TO STUDENTS AND PROGRAM SUPPORT. 1 MANCHESTER COMMUNITY COLLEGE GREAT PATH PO BOX 1046 MANCHESTER CT 06045 061269050 N/A 1190331 0 FMV SCHOLARSHIPS AND PROGRAM SUPPLIES TO FURTHER THE MISSION OF MANCHESTER COMMUNITY COLLEGE PART I, LINE 2: SCHOLARSHIP SELECTION PROCESS SCHOLARSHIPS ARE AWARDED FROM THE MCC FOUNDATION TO MCC ON A BI-ANNUAL BASIS. STUDENTS APPLY TO THE FOUNDATION FOR SCHOLARSHIPS VIA STANDARD SCHOLARSHIP APPLICATIONS THAT REQUIRE VARIOUS INFORMATION, AS WELL AS A PERSONAL STATEMENT AND LETTERS OF RECOMMENDATION. THE SCHOLARSHIP COMMITTEE, WHICH IS A JOINT COMMITTEE OF THE COLLEGE AND FOUNDATION, THEN REVIEWS ALL APPLICATIONS AND SELECTS ELIGIBLE APPLICATIONS, MATCHING THEM AGAINST DONOR RESTRICTIONS AND CRITERIA, TO DETERMINE FUNDING. THE COMMITTEE THEN FORWARDS THE SCHOLARSHIP INFO AND FUNDS TO THE COLLEGE FROM THE FOUNDATION FOR SCHOLARSHIP AWARDS, TO BE APPLIED DIRECTLY TO THE STUDENTS' ACCOUNTS. PROGRAMMATIC FUNDING PROCESS COLLEGE PROGRAMS ALSO RECEIVE SUBSTANTIAL FUNDING FROM THE FOUNDATION. FOR INSTANCE, THE FOUNDATION DIRECTS FUNDS RAISED FROM ITS ANNUAL FUND TO PROJECTS THAT ARE UNABLE TO BE COVERED BY THE COLLEGE'S BUDGET, WHICH HELPS TO PROMOTE AND SUSTAIN COLLEGE INNOVATION. WITH INPUT FROM THE COLLEGE'S STRATEGIC PLANNING COMMITTEE, THE COLLEGE PRESIDENT'S CABINET SELECTS FACULTY PROPOSALS THAT MEET COLLEGE STRATEGIC OBJECTIVES AND CRITERIA. THE CABINET THEN PASSES ITS RECOMMENDATIONS TO THE DISBURSEMENT COMMITTEE OF THE FOUNDATION, WHICH GRANTS FUNDING FOR INNOVATION PROJECTS. THIS COMMITTEE IS ALSO RESPONSIBLE FOR DISBURSING FUNDS FROM FUNDRAISING EVENTS TO ENSURE FUNDING ADDRESSES THE COLLEGE'S NEEDS. THIS COMMITTEE OVERSEES ALL PROGRAMMATIC FUNDING FROM THE FOUNDATION TO THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE AS WELL AS THE AUDIT COMMITTEE REVIEWS THE FORM 990 ALONG WITH THE AUDITED FINANCIAL STATEMENTS TO ENSURE THE FORM 990 IS PROPER BEFORE FINAL SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DISCLOSURE FORM IS COMPLETED BY EACH BOARD MEMBER ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAINTAINS COPIES AT THE OFFICE OF INSTITUTIONAL ADVANCEMENT. FORM 990 PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.