2024-05-09T07:21:54-07:00 2023-06-30 611374365 CHAMBERLIN OWEN & CO INC 3216 DIXIE HIGHWAY Erlanger KY 41018 990 2022-07-01 611239550 GATEWAY COMMUNITY & TECHNICAL COLLEGE FOUNDATION INC GATE 8594421177 500 TECHNOLOGY WAY FLORENCE KY 41042 BETH VICE-CROSS BOARD TREASURER 8594421177 2024-01-31 true BETH VICE-CROSS true Lori A Owen CPA P01006324 8594310700 2024-05-09 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z BETH VICE-CROSS 500 TECHNOLOGY WAY FLORENCE KY 41042 483912 false X N/A X 2003 KY THE FOUNDATION WAS FORMED TO STIMULATE VOLUNTARY FINANCIAL SUPPORT FOR GATEWAY COMMUNITY AND TECHNICAL COLLEGE. 25 25 0 25 0 0 3948288 373494 0 37910 33132 12183 10325 3998381 416951 990836 1372873 0 0 0 0 109383 189041 1100219 1561914 2898162 -1144963 3740118 2642526 167272 149117 3572846 2493409 THE FOUNDATION WAS FORMED TO STIMULATE VOLUNTARY FINANCIAL SUPPORT FOR GATEWAY COMMUNITY AND TECHNICAL COLLEGE. false false 427188 70287 0 STUDENT ASSISTANCE - THE FOUNDATION PROVIDES FUNDS FOR DIRECT STUDENT ASSISTANCE THROUGH SPONSORSHIPS AND SCHOLARSHIPS. FINANCIAL ISSUES OFTEN ARE CITED AS BARRIERS TO COMPLETION AND THE FOUNDATION SUPPORTS STUDENTS SO THEY ARE ABLE TO STAY IN COLLEGE AND GRADUATE. 1118410 1312923 0 COLLEGE FINANCIAL SUPPORT - PROVIDING FINANCIAL SUPPORT FOR ACTIVITIES AND PROJECTS THAT ADVANCE THE MISSION OF GATEWAY COMMUNITY AND TECHNICAL COLLEGE. THESE INCLUDE FOUNDATION PROJECTS, EMPLOYEE DEVELOPMENT, INCENTIVE PLANS, PROMOTIONAL MATERIAL, AND THE PRESIDENT'S DISCRETIONARY FUND. 1545598 true true false false false false false false false false false true false false true true true false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false false true 11 0 0 false false false false false true true false false false false false false X 25 25 false false false false false false false true true false false true true true true true true false false false KY X SARAH KEEVILLE 8594421177 500 TECHNOLOGY WAY FLORENCE KY 41042 X JOHN NIENABER CHAIRMAN 4.00 X X 0 0 0 JORDAN HUIZENGA VICE CHAIR 4.00 X X 0 0 0 BETH VICE-CROSS TREASURER 4.00 X X 0 0 0 ADAM KRESSLER SECRETARY 4.00 X X 0 0 0 JOHN BAINES DIRECTOR 1.00 X 0 0 0 BRENT COOPER DIRECTOR 1.00 X 0 0 0 BRENT DEGENHARDT DIRECTOR 1.00 X 0 0 0 JAY FOSSETT DIRECTOR 1.00 X 0 0 0 PHILIPPE GARNIER DIRECTOR 1.00 X 0 0 0 JACK GIVENS DIRECTOR 1.00 X 0 0 0 EDDIE HOWARD DIRECTOR 1.00 X 0 0 0 ANTHONY KELLY DIRECTOR 1.00 X 0 0 0 DAN KRUSE DIRECTOR 1.00 X 0 0 0 TRENT LUCAS DIRECTOR 1.00 X 0 0 0 JULIE MCGREGOR DIRECTOR 1.00 X 0 0 0 RUTH MOORE DIRECTOR 1.00 X 0 0 0 NATALYA OLIVIA DIRECTOR 1.00 X 0 0 0 SHARMILI REDDY DIRECTOR 1.00 X 0 0 0 MICHELLE REID DIRECTOR 1.00 X 0 0 0 MICHAEL ROMES DIRECTOR 1.00 X 0 0 0 TODD SARGE DIRECTOR 1.00 X 0 0 0 SHANNON SCHUMACHER DIRECTOR 1.00 X 0 0 0 KENNETH WEBB DIRECTOR 1.00 X 0 0 0 WILL WEBER DIRECTOR 1.00 X 0 0 0 DR FERNANDO FIGUEROA PRESIDENT 1.00 X 0 0 0 ADRIJANA KOWATSCH EXECUTIVE DIRECTOR 10.00 X 0 0 0 false false false 373494 373494 33132 0 33132 77286 66961 10325 0 10325 416951 0 0 43457 1372873 1372873 9873 0 9873 0 11149 11149 0 0 2264 0 2264 0 ADMINISTRATIVE 4179 0 4179 0 PRESIDENT'S DISCRETIONARY FUND 2136 2136 0 0 EMPLOYEE DEVELOPMENT 1470 1470 0 0 OTHER PROGRAMS 157970 157970 0 0 1561914 1545598 16316 0 168877 118238 33250 18250 27214 27688 3454937 2469411 55840 8939 3740118 2642526 23700 29543 57254 59304 86318 60270 167272 149117 X 30190 97815 3542656 2395594 3572846 2493409 3740118 2642526 -1144963 65526 X X false true X true false X 0 103048 380270 441026 3948288 373494 5246126 0 0 103048 380270 441026 3948288 373494 5246126 0 5246126 21500 25911 19360 29032 52490 148293 0 75020 65529 25995 12183 10325 189052 5583471 0.93960 0.92070 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: FUNDRAISING INCOME 2018: 75020. 2019: 65529. 2020: 25995. 2021: 12183. 2022: 10325. Pt II Ln 10 Other Income Part II, Line 10 Description: FUNDRAISING INCOME 2018: 75020. 2019: 65529. 2020: 25995. 2021: 12183. 2022: 10325. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED MARKETABLE EQUITY & DEBT SECURITIES 2469411 F 2469411 Accrued Compensation to Former President 60270 60270 X 549438 65526 66961 132487 416951 416951 1628875 66961 66961 1561914 1561914 Pt X, Line 2 The Foundation follows the provision of FASB ASC 740-10-50, "Income Taxes-Overall-Disclosure." FASB ASC 740-10-50 sets forth a recognition threshold and measurement attribute for financial statement recognition of positions taken or expected to be taken in income tax returns. FASB 740-10-50 had no material impact on the Foundation's financial statements. Pt XI, Line 2d THE 990 SHOWS FUND RAISING REVENUE NET OF DIRECT FUND RAISING EXPENSES. THE FOUNDATION'S FINANCIAL STATEMENTS SHOW THE REVENUE GROSS. Pt XII, Line 2d THE 990 SHOWS DIRECT FUND RAISING EXPENSE NETTED WITH THE FUND RAISING REVENUE. THE FOUNDATION'S FINANCIAL STATEMENTS SHOW THE EXPENSE IN THE STATEMENT OF FUNCTIONAL EXPENSES AS A FUND RAISING EXPENSE. GATEWAY TO GREATNESS LUNCHEON 77286 77286 66961 77286 77286 66961 66961 10325 true Gateway CommTech College 500 Technology Way Florence KY 41042 611320380 N/A 1322923 SCHOLARSHIPS Gateway CommTech College 500 Technology Way FLORENCE KY 41042 611320380 N/A 49950 STUDENT ASSISTANCE 1 0 Pt I Line 2 THE FOUNDATION PROVIDES RESTRICTED GRANT FUNDS TO GATEWAY COMMUNITY AND TECHNICAL COLLEGE STUDENTS AT THE RECOMMENDATION OF THE COLLEGE THROUGH GRANT PROGRAMS APPROVED BY THE FOUNDATION BOARD. THESE PROGRAMS PROVIDE STUDENT ASSISTANCE TOWARDS FOOD INSECURITY, CHILDCARE, ADULT EDUCATION, AND SCHOLARSHIP FUNDING FOR HIGH-GROWTH/HIGH-DEMAND PROFESSIONS. RESTRICTED FUNDS ARE MONITORED AND DISBURSED THROUGH THE FOUNDATION BY FOUNDATION ACCOUNTING PERSONNEL. Pt XII, Line 2c FINANCE COMMITTEE OF THE BOARD REVIEWS AND APPROVES AUDIT; THERE HAVE BEEN NO CHANGES TO THIS PROCESS IN THE CURRENT FISCAL YEAR. Pt VI, Line 11b FOUNDATION FINANCE COMMITTEE REVIEWS THE 990, A CPA ON THE COMMITTEE REIVEWS IN DETAIL. THE ENTIRE BOARD HAS ACCESS TO REVIEW THE 990 PRIOR TO FILING. Pt VI, Line 12c FOUNDATION BOARD ARE REQUIRED, ANNUALLY, TO SUBMIT WRITTEN CONFLICT OF INTEREST DISCLOSURES. THE BOARD PERIODICALLY REVIEWS THESE DISCLOSURES. IF A BOARD MEMBER HAS A CONFLICT, THAT BOARD MEMBER CANNONT DISCUSS OR VOTE ON THE ISSUE. Pt VI, Line 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION, BY APPOINTMENT, AT THE FOUNDATION OFFICE AT 500 TECHNOLOGY WAY, FLORENCE, KY, 41042.