2024-03-12T08:38:23-07:00 2023-06-30 471222587 DECKER FARRELL & MCCOY LLP 400 W Ventura Blvd Ste 245 Camarillo CA 93010 990 2022-07-01 770037747 VENTURA COLLEGE FOUNDATION VENT 8052896461 4667 TELEGRAPH RD VENTURA CA 93003 ANNE KING Executive Director 2024-03-12 true ANNE KING 999009999 true MICHAEL FARRELL P01070806 8059101441 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z ANNE KING 4667 TELEGRAPH RD VENTURA CA 93003 22533074 false X venturacollegefoundation.org X 1983 CA The Ventura College Foundation transforms students lives through education by providing innovative and vital resources and financial support. The Foundation collaborates with Ventura College to enhance human potential, civic engagement, careers and academic success of students, enabling their effective impact and legacy on the college, local workforce and our community. 21 20 27 68 0 1291549 973761 70990 83966 1830941 1046422 937033 939659 4130513 3043808 2004097 1944058 0 638308 706849 0 474846 374277 532351 3016682 3183258 1113831 -139450 28328387 29649379 1137866 1344159 27190521 28305220 The Ventura College Foundation transforms students lives through education by providing innovative and vital resources and financial support. The Foundation collaborates with Ventura College to enhance human potential, civic engagement, careers and academic success of students, enabling their effective impact and legacy on the college, local workforce and our community. false false 1493270 1302965 83966 PROVIDE SUPPORT TO PROGRAMS AND CAMPUS ACTIVITIES AT VENTURA COLLEGE TO ENRICH THE STUDENTS' EDUCATIONAL EXPERIENCES. 887582 641093 AWARD SCHOLARSHIPS AND GRANTS TO STUDENTS WHO HAVE APPLIED AND MET CRITERIA. THESE AWARDS PROVIDE SUPPORT AND ENHANCMENT OF THE EDUCATIONAL EXPERIENCE AT VENTURA COLLEGE 2380852 true true false false false false false false false true true false false false true true true false false false false false false false false false false true true true false false false false false false false false true false false false false true false false false true 7 0 true 27 true false false false false false true true false 0 false false false false false false false X 21 20 false false false false false true false true true false false true true true true true false true true false CA X X ANNE KING 8052896461 4667 TELEGRAPH RD VENTURA CA 93003 X ANNE KING Executive Dir. 40.00 0.00 X X 147402 0 35356 ROB VAN NIEUWBURG Director 3.00 0.00 X 0 0 0 MARK DUFRESNE Director 3.00 0.00 X 0 0 0 NICOLE KREUTZ VICE CHAIR 5.00 0.00 X X 0 0 0 JESSICA FLORES ESQUIBEL Director 3.00 0.00 X 0 0 0 ELIZABETH KRAUS Director 3.00 0.00 X 0 0 0 ROBERT BEILIN Director 3.00 0.00 X 0 0 0 CATHERINE BOJORQUEZ Director 3.00 40.00 X 0 0 0 J BOOMER BUTLER Director 3.00 0.00 X 0 0 0 JILL MURAOKA LIM Director 3.00 0.00 X 0 0 0 AMY CHEROT Director 3.00 0.00 X 0 0 0 KEN COLLIN Director 3.00 0.00 X 0 0 0 ED SUMMERS Director 3.00 0.00 X 0 0 0 ELLYN DEMBOWSKI CHAIR 5.00 0.00 X X 0 0 0 ABRA FLORES Secretary 5.00 0.00 X X 0 0 0 KIM HOFFMANS Director 3.00 40.00 X 0 0 0 MATT LAVERE Director 3.00 0.00 X 0 0 0 MICHAEL ORMAN Treasurer 5.00 0.00 X X 0 0 0 DEBE BYLO Director 3.00 0.00 X 0 0 0 ELEANOR TILLQUIST Director 3.00 0.00 X 0 0 0 HARALD WULFF Director 3.00 0.00 X 0 0 0 147402 35356 1 false true false 0 973761 204583 973761 ADMINISTRATIVE FEES 561000 83966 83966 83966 631766 631766 0 0 1526573 586914 939659 939659 939659 19317008 18902352 414656 414656 414656 0 0 0 0 3043808 83966 1986081 1302965 1302965 641093 641093 0 0 118645 14831 51907 51907 0 390151 197852 36264 156035 60021 24218 10006 25797 97043 44944 15007 37092 40989 16705 7147 17137 0 0 75775 23525 45025 7225 0 0 121391 121391 80324 19140 61184 98255 49002 562 48691 6417 384 4109 1924 0 0 0 0 0 6608 1969 4639 0 0 709 709 19577 6588 9294 3695 UNCOLLECTIBLE PLEDGES 33400 23400 10000 SPECIAL EVENTS 30493 16480 573 13440 COMPUTER AND SOFTWARE 22900 16062 600 6238 PROFESSIONAL DEVELOPMENT 11986 916 348 10722 24516 1887 3509 19120 3183258 2380852 327560 474846 480 480 1051974 1191844 177462 107963 0 0 0 0 0 78435 54341 200144 164124 32838 36020 25721913 26936193 0 0 0 1265285 1322538 28328387 29649379 208196 187862 830812 772954 20818 9463 78040 373880 1137866 1344159 X 1443515 1371280 25747006 26933940 27190521 28305220 28328387 29649379 X -139450 1535105 91000 -371956 X false true X true false X 2934880 1594376 1234647 1291549 973761 8029213 0 91000 91000 91000 91000 91000 455000 3025880 1685376 1325647 1382549 1064761 8484213 1682665 6801548 510945 518655 475646 492268 631766 2629280 0 1541176 1066116 368303 937033 939659 4852287 15965780 0.42600 0.40670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25261428 156028 2390217 1285688 26521985 29511330 252767 -3410038 1092631 25261428 18362551 7133037 5433814 753072 665000 29511330 16163857 2086214 540712 424612 3620 18362551 9198624 6650392 851060 390727 145492 16163857 true false false 82851 52617 30234 117293 111507 5786 36020 UNFUNDED PENSION LIABILITY 373880 373880 X 4854480 1535105 91000 305958 1932063 2922417 121391 121391 3043808 3739781 91000 586914 677914 3061867 121391 121391 3183258 Part V, Line 4: Intended uses of the endowment fund. TO PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS AT VENTURA COLLEGE AND FUNDING TO VENTURA COLLEGE CAMPUS PROGRAMS. Part X : FIN48 Footnote The Foundation is a California nonprofit public benefit corporation, which is exempt from income taxes under Internal Revenue Code Section number 501(c)(3) and State of California Revenue and Taxation Code Section 23701(d); therefore, no provision for income taxes is required. The Foundation qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization that is not a private foundation under Section 509(a)(1). The Foundation evaluates uncertain tax positions whereby the effect of the uncertainty would be recorded if the outcome was considered probable and reasonably estimable. As of June 30, 2023, the Foundation had no uncertain tax positions requiring accrual. As of the year ended June 30, 2023, the Foundation's tax returns for the years ended June 30, 2022, 2021 and 2020 are subject to examination by the taxing authorities. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 MARKETPLACE EXPENSES NETTED ON T/R $586914 CHANGE IN PENSION OBLIGATION $-295840 CHANGE IN VALUE OF BENEFICIAL INTEREST I $14884 Part XII, Line 2d: Other expenses and losses per audited F/S MARKETPLACE EXPENSES NOT NETTED ON F/S $586914 true VENTURA COLLEGE 4667 TELEGRAPH ROAD VENTURA CA 93003 1109724 193241 FMV BOOKS, INSTRUMENTS, AUTO, SUPPLIES CAMPUS PROGRAMS AND GRANTS 1 0 SCHOLARSHIPS 228 641093 Grantmaker's Description of How Grants are Used SCHOLARSHIPS:THE VENTURA COLLEGE FOUNDATION MAINTAINS DONOR FILES WITH SPECIFIC SCHOLARSHIP CRITERIA WHICH ARE USED BY THE SELECTION COMMITTEE IN AWARDING ELGIBLE RECIPIENTS. X X X false false false false false false false false false ANNE KING Executive Dir. 147402 35356 182758 X MECHANIC EDUCATION 1 184567 FMV AUTOMOTIVE DEPT 1 1880 FMV 2 MICROWAVES 1 328 FMV CAREER DEVELOP. 1 597 FMV CAMPUS PROGRAMS 1 5869 FMV NIKON CAMERA 1 137 FMV ADVERTISING 1 2265 FMV SPONSORSHIP 1 3150 FMV PRO BONO WORK 1 400 FMV IT SERVICES 1 5390 FMV false false false Form 990, Part VI, Section B, Line 11b THE 990 IS BASED UPON THE AUDITED FINANCIAL STATEMENTS WHICH ARE REVIEWED BY THE FULL BOARD. THE 990 IS REVIEWED BY THE TREASURER, THE EXECUTIVE DIRECTOR, AND THE FULL BOARD PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c THE WRITTEN CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL VENTURA COLLEGE FOUNDATION BOARD MEMBERS FOR THEIR REVIEW. COMPLIANCE AND MONITORING OF THE POLICY OCCURS DURING VARIOUS STANDING COMMITTEE MEETINGS OF THE BOARD AND ANY ISSUES WOULD BE DOCUMENTED IN THE COMMITTEE MEETING MINUTES. Form 990, Part VI, Section B, Line 15a THE PERSONNEL SUB-COMMITTEE OF THE GOVERNING BOARD OF DIRECTORS CONVENES ANNUALLY TO DISCUSS AND AGREE UPON THE EXECUTIVE DIRECTOR'S COMPENSATION. THE COMMITTEE DISCUSSES BEST PRACTICES FOR COMPENSATION. THE PERSONNEL COMMITTEE FORWARDS THEIR RECOMMENDATION TO THE EXECUTIVE COMMITTEE FOR APPROVAL, THEN TO THE FULL BOARD FOR FINAL APPROVAL. Form 990, Part VI, Section B, Line 15b THE PERSONNEL SUB-COMMITTEE PERIODICALLY CONDUCTS RESEARCH REGARDING THE COMPENSATION OF ALL EMPLOYEES. Form 990, Part VI, Section C, Line 18 DOCUMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND BY SCHEDULING AN APPOINTMENT DURING NORMAL BUSINESS HOURS OF THE FOUNDATION, WHICH ARE MONDAY-FRIDAY 9:00 A.M. THROUGH 5:00 P.M. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW. Form 990, Part XI, Line 9 CHANGE IN PENSION OBLIGATION = -$295840 Form 990, Part XI, Line 9 CHANGE IN VALUE OF BENEFICIAL INTEREST IN REMAINDER TRUST = $14884 Form 990, Part XI, Line 9 IN KIND RENT EXPENSE = -$91000 VENTURA COLLEGE 4667 TELEGRAPH ROAD VENTURA CA 93003 952224338 EDUCATION CA 501(C)(3) SCHOOL NA false false true true false true false false false false false true true false false false true false false false VENTURA COLLEGE b 1227965 ACTUAL VENTURA COLLEGE c 96389 FMV VENTURA COLLEGE e 9463 ACTUAL VENTURA COLLEGE k 91000 FMV VENTURA COLLEGE l 81675 ACTUAL VENTURA COLLEGE p 95253 ACTUAL