2024-04-04T08:05:47-05:00 2023-06-30 561031342 WILLIAMS OVERMAN PIERCE LLP 328 E MARKET STREET SUITE 100 GREENSBORO NC 27401 990 2022-07-01 561423848 DURHAM TECHNICAL COMMUNITY COLLEGE FOUNDATION INC DURH 9195367250 1637 LAWSON STREET DURHAM NC 27703 ROXANNE MILLER EXECUTIVE DIRECTOR 9195367250 2024-04-02 1 ROXANNE MILLER 999009999 1 MARYELLEN PRANCE CPA P01662078 3362751686 2024-04-02 X 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROXANNE MILLER 1637 LAWSON STREET DURHAM NC 27703 8093816 0 X HTTPS://WWW.DURHAMTECH.EDU/DURHAM-TECH-FOUNDATION X 1982 NC TO ADVANCE OPPORTUNITY FOR STUDENTS, THE COLLEGE, AND DURHAM AND ORANGE COUNTIES. 16 14 0 16 0 0 1798277 6759801 0 0 381857 -53390 0 0 2180134 6706411 1046971 1107638 0 0 0 0 0 0 1558 104067 75335 1151038 1182973 1029096 5523438 8356113 14403429 48778 14369 8307335 14389060 TO PROMOTE THE CURRENT AND LONG-TERM SUCCESS OF DURHAM TECHNICAL COMMUNITY COLLEGE BY INSPIRING CHARITABLE INVESTMENT IN ITS STUDENTS, FACULTY, AND STAFF ADVOCATING FOR THE INSTITUTION'S COMPELLING WORK, AND SERVING AS EXCELLENT STEWARDS OF THE FOUNDATION'S ASSETS. 0 0 832510 832510 PROGRAM SUPPORT IS A BROAD CLASSIFICATION THAT INCLUDES SUPPORT FOR NEEDS NOT MET BY TRADITIONAL DEPARTMENT BUDGETS SUCH AS CLASSROOM EQUIPMENT, STUDENT SUCCESS RESOURCES, PROFESSIONAL DEVELOPMENT, AND OTHER EMPLOYEE SUPPORT SERVICES. 275128 275128 SCHOLARSHIPS FOR TUITION, BOOKS, AND OTHER SUPPORT EXPENSES AWARDED TO STUDENTS. 1107638 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ANDREW KLEITSCH 9195367201 1637 LAWSON STREET DURHAM NC 27703 X ANDREW KLEITSCH TREASURER 1.00 40.00 X X 0 116931 39983 SAM NICHOLS CHAIR 1.00 X X 0 0 0 DANIELLE KASPAR BOARD MEMBER 1.00 X 0 0 0 DEETRA WATSON BOARD MEMBER 1.00 X 0 0 0 KATIE LOOVIS BOARD MEMBER 1.00 X 0 0 0 INDIRA EVERETT VICE CHAIR 1.00 X X 0 0 0 WALTER L NEWTON BOARD MEMBER 1.00 X 0 0 0 JB BUXTON SECRETARY 1.00 40.00 X X 0 262147 73941 JOHN MESSICK BOARD MEMBER 1.00 X 0 0 0 ELLEN SHANNON BOARD MEMBER 1.00 X 0 0 0 WADE SMEDLEY BOARD MEMBER 1.00 X 0 0 0 GERAUD STATON BOARD MEMBER 1.00 X 0 0 0 MARY BUS BOARD MEMBER 1.00 X 0 0 0 RYAN HAMPTON BOARD MEMBER 1.00 X 0 0 0 TAI HUYNH BOARD MEMBER 1.00 X 0 0 0 ROXANNE MILLER EXECUTIVE DIRECTOR 40.00 X X 0 0 0 MICHAEL GOODMON BOARD MEMBER 1.00 X 0 0 0 ELIZABETH MCFARLANE INTERIM EXECUTIVE DIRECTOR 40.00 X X 0 81542 28035 0 460620 141959 0 0 1 0 0 6759801 84584 6759801 171506 171506 1162509 1387405 -224896 -224896 -224896 6706411 0 0 -53390 832510 832510 275128 275128 15630 15630 30598 30598 375 375 9326 9326 STAFF DEVELOPMENT & SUP 15784 15784 BANKING FEES 2439 2439 EVENT EXPENSES 1183 1183 1182973 1107638 73777 1558 824470 2327928 387211 486779 561753 4591815 2349 30406 1900 1500 6578430 6965001 8356113 14403429 48778 14369 48778 14369 X 740897 749101 7566438 13639959 8307335 14389060 8356113 14403429 5523438 558287 0 X X 0 1 X 1 0 X 2818942 2128318 1413146 1798277 6759801 14918484 352865 312805 389918 364635 346537 1766760 3171807 2441123 1803064 2162912 7106338 16685244 7018703 9666541 114647 41864 119204 145488 171506 592709 17277953 0.55950 0.79320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4921275 127337 739614 464155 5324071 6019390 369177 -954544 512748 4921275 3796995 313899 1908496 6019390 3776872 181859 -92542 69194 3796995 3050550 507511 296725 77914 3776872 0.05500 0.35000 0.59500 0 0 0 X 7580637 558287 346537 904824 6675813 30598 30598 6706411 1498912 346537 346537 1152375 30598 30598 1182973 PART V, LINE 4: DURHAM TECHNICAL COMMUNITY COLLEGE FOUNDATION'S ENDOWMENT CONSISTS OF 47 INDIVIDUAL FUNDS ESTABLISHED PRIMARILY TO PROVIDE SCHOLARSHIPS TO STUDENTS AT DURHAM TECHNICAL COMMUNITY COLLEGE. PART X, LINE 2: IN JUNE 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") RELEASED FASB ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, THE FOUNDATION HAS CONSIDERED FASB ASC 740-10, AS AMENDED BY ACCOUNTING STANDARDS UPDATE ("ASU") 2009-06, AND DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION'S FEDERAL INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. MANAGEMENT BELIEVES THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO TAX YEAR 2019. 1 DURHAM TECHNICAL COMMUNITY COLLEGE 1637 LAWSON STREET DURHAM NC 27703 560792513 STATE GOV'T ENTITY 816005 16505 BOOK COST MISC. DIRECT NON-CASH GRANTS TO SUPPORT ACADEMIC PROGRAMS OF STUDY 1 SCHOLARSHIPS 185 275128 PART I, LINE 2: REQUIRING APPLICATION AND APPROVAL FOR A GRANT, REQUESTING A WRITTEN REPORT AT THE CONCLUSION OF THE GRANT. 0 0 0 0 0 0 0 0 0 JB BUXTON SECRETARY 0 261147 0 1000 0 0 0 65403 0 8538 0 336088 0 0 ANDREW KLEITSCH TREASURER 0 113163 0 3768 0 0 0 31445 0 8538 0 156914 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR'S SALARY IS EVALUATED AND DETERMINED BY THE COLLEGE'S HUMAN RESOURCES DEPARTMENT USING INDUSTRY BOOKMARKS. X 3 24091 COMPARABLE SALES X VACUUM TEST PLATFORM 1 32000 COMPARABLE SALES X ASSORTED DENTAL LAB EQUIPMENT 1 16142 COMPARABLE SALES X MISC SUPPLIES 14 3797 COMPARABLE SALES X EASYVIEW 3D DENTAL VIEWER 1 3499 COMPARABLE SALES X YAMAHACHI/OHTAKI ARTICULATORS 1 2180 COMPARABLE SALES X OFFICE FURNITURE 1 1000 COMPARABLE SALES X AIRBNB COMMENCEMENT SPEAKER 1 1000 COMPARABLE SALES X GIFT CARDS/BASKETS 9 875 COMPARABLE SALES 0 0 0 PART I, COLUMN (B): ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO THE FINANCE AND INVESTMENT COMMITTEE FOR THEIR REVIEW. THE 990 IS THEN SHARED WITH THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C POLICIES ARE EVALUATED BY STAFF ON A REGULAR BASIS AND ANY POTENTIAL CONFLICTS ARE DISCUSSED AMONG EXECUTIVE COMMITTEE MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON DURHAM TECH'S WEBSITE AND ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15A: THE COLLEGE PROVIDES THE SALARIES AND BENEFITS OF SUPPORT STAFF TO THE FOUNDATION WITHOUT CHARGE. FORM 990, PART V, LINE 2A SALARIES ARE PAID AND DONATED BY THE RELATED ORGANIZATION. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM PRIOR YEAR. DURHAM TECH PROPERTIES LLC 1637 LAWSON STREET DURHAM NC 27703 561423848 PROPERTY NC 0 0 DURHAM TECHNICAL COMMUNITY COLLEGE FOUNDATION INC DURHAM TECHNICAL COMMUNITY COLLEGE 1637 LAWSON STREET DURHAM NC 27703 560792513 COLLEGE NC STATE GOV'T ENTITY N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 DURHAM TECHNICAL COMMUNITY COLLEGE B 832510 COST DURHAM TECHNICAL COMMUNITY COLLEGE O 346537 COST