2024-11-13T13:24:13-06:00 2023-12-31 430352985 KERBER ECK & BRAECKEL LLP 3200 ROBBINS ROAD STE 200A SPRINGFIELD IL 62704 990 2023-01-01 371293039 ILLINOIS COMMUNITY COLLEGE SYSTEM FOUNDATION ILLI 2177894230 401 EAST CAPITOL AVENUE SPRINGFIELD IL 62701 JOHN GOETZ CHAIR 2177894230 2024-10-31 1 0 DANIELLE M HUNT P00343541 2177890960 2024-10-31 2023 2024-10-15 13:58:12Z JOHN GOETZ 401 E CAPITOL AVE SPRINGFIELD IL 62701 2935206 0 X WWW.ICCSF.ORG X 1991 IL TO SUPPORT ACTIVITIES OF BENEFIT TO ALL COMMUNITY COLLEGES, INCLUDING SCHOLARSHIPS. 9 7 3 10 51745 45543 63385 40030 632515 640871 455849 54192 34530 51745 1186279 786838 85730 70250 0 0 107054 102499 0 0 13839 447738 394419 640522 567168 545757 219670 7891212 8693147 1705703 1850128 6185509 6843019 THE ILLINOIS COMMUNITY COLLEGE SYSTEM FOUNDATION SERVES ALL 48 ILLINOIS COMMUNITY COLLEGES IN THE STATE OF ILLINOIS, PROVIDING STUDENT SCHOLARSHIPS, PROGRAMS, SERVICES, AND GENERAL FUNDS. 0 0 369021 640871 ENHANCING THE IMAGE AND RESOURCES OF THE COMMUNITY COLLEGE SYSTEM BY DEVELOPING FRIENDS AND FAVORABLE PUBLICITY TO SUPPORT ACTIVITIES OF BENEFIT TO ALL COMMUNITY COLLEGES IN ILLINOIS. 92235 70250 PROVIDING FINANCIAL ASSISTANCE THROUGH SCHOLARSHIPS AVAILABLE TO COMMUNITY COLLEGE STUDENTS THROUGHOUT THE STATE. 461256 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 3 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 1 0 0 0 IL X BARRY HANCOCK 2177894230 401 E CAPITOL SPRINGFIELD IL 62701 JOHN GOETZ CHAIR 2.00 X X 0 0 0 TERRI WINFREE CO-PRESIDENT 10.00 X X 27500 0 0 BRADLEY GRIFFITH DIRECTOR 1.00 X 0 0 0 JOE KANOSKY DIRECTOR 1.00 X 0 0 0 BARRY HANCOCK CO-PRESIDENT 10.00 X X 27500 0 0 CRISTOBAL VALDEZ DIRECTOR 1.00 X 0 0 0 CRAIG BRADLEY DIRECTOR 1.00 X 0 0 0 BOLA DELANO DIRECTOR 1.00 X 0 0 0 SHELLEY BARKLEY DIRECTOR 1.00 X 0 0 0 55000 0 0 0 0 0 0 0 40030 40030 ICCB INCOME 531120 640871 640871 640871 94988 94988 173433 121688 51745 51745 51745 1985884 2026680 -40796 -40796 -40796 786838 640871 51745 54192 70250 70250 55000 22000 22000 11000 40215 39559 656 7284 4709 1733 842 20225 20225 18431 8147 10284 127313 124276 3037 9513 3503 4013 1997 56433 55707 726 108991 103676 5315 UNRELATED BUSINESS INCO 9966 9966 REPAIRS AND MAINTENANCE 25657 25326 331 TELEPHONE 7085 7085 SUPPLIES 6433 4103 2330 4372 4372 567168 461256 92073 13839 623219 1023751 2178 32348 10300 0 6139692 2500254 3731476 3639438 3524039 3997610 0 0 7891212 8693147 35177 39944 361462 14345 14775 1186294 1063260 469887 370687 1705703 1850128 X 3313340 3791979 2872169 3051040 6185509 6843019 7891212 8693147 219670 437840 0 X 0 1 X 1 0 X 29294 21100 41721 63385 40030 195530 601720 610169 613231 632515 640871 3098506 631014 631269 654952 695900 680901 3294036 0 0 0 3294036 67120 77731 78712 82021 94988 400572 67120 77731 78712 82021 94988 400572 20516 35255 41928 34480 51745 183924 718650 744255 775592 812401 827634 3878532 0.84930 0.86460 0.10330 0.09860 X 2844903 40030 218402 70250 9311 3023774 3174015 33435 -294155 58730 9662 2844903 2975808 27971 252194 70850 11108 3174015 2805888 18250 225165 65624 7871 2975808 2562850 22044 276633 48100 7539 2805888 0.54000 0.46000 0 0 401763 401763 5527244 2297163 3230081 210685 203091 7594 3639438 X 1346366 437840 121688 559528 786838 0 786838 688856 121688 121688 567168 0 567168 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS WERE ESTABLISHED PRIMARILY FOR SCHOLARSHIP PURPOSES. APPROXIMATELY 98% OF ANNUAL EXPENDITURES FROM THE ENDOWMENT FUNDS WERE USED FOR SCHOLARSHIPS WHILE RECOGNITIONS ACCOUNT FOR THE REMAINING 2% OF EXPENDITURES. PART X, LINE 2: THE FOUNDATION HAS RECOGNIZED IN THE FINANCIAL STATEMENTS THE EFFECTS OF ALL TAX POSITIONS AND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT UNRECOGNIZED TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE BALANCE SHEET DATE. PENALTIES AND INTEREST ASSESSED BY TAXING AUTHORITIES ARE INCLUDED IN THE PROVISION FOR INCOME TAXES, IF APPLICABLE. THERE WERE NO INTEREST OR PENALTIES PAID DURING 2023 OR 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 121,688. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 121,688. 1 ILLINOIS HEALTHCARE SCHOLARSHIPS - TUITION ASSISTANCE 17 24000 ILLINOIS ELECTRIC COOPERATIVE - TUITION ASSISTANCE 15 30000 ILLINOIS COUNCIL OF COMMUNITY COLLEGE ADMINISTRATORS - TUITION ASSISTANCE 5 3500 ILLINOIS COMMUNITY COLLEGE SYSTEM LEADERSHIP SCHOLARSHIP 1 3000 ILLINOIS COMMUNITY COLLEGE FACULTY ASSOCIATION - TUITION ASSISTANCE 8 8000 USS JOHN A BOLE 2 1250 WEAVER 1 500 PART I, LINE 2: THE ICCSF HAS PROCEDURES, CONTAINED IN SCHOLARSHIP GUIDELINES AND OTHER HANDBOOK MATERIALS, FOR AWARDING GRANTS TO OTHER ENTITIES (THE ILLINOIS COMMUNITY COLLEGES). ALL AWARDS OF GRANTS ARE MADE IN ACCORDANCE WITH POLICIES AND PROCEDURES OF ICCSF. EACH SCHOLARSHIP SHALL BE FOR TUITION FOR ONE SEMESTER AT AN ILLINOIS COMMUNITY COLLEGE. TUITION WILL BE PAID DIRECTLY FROM FOUNDATION TO RECIPIENT OR THE COMMUNITY COLLEGE. THE SCHOLARSHIP SHALL BE A GIFT, NOT A LOAN. THE AVAILABILITY OF THE SCHOLARSHIPS WILL BE PUBLICIZED BY THE ILLINOIS COMMUNITY COLLEGES. SCHOLARSHIPS WILL BE AWARDED BASED ON SCHOLASTIC ACHIEVEMENT AND FINANCIAL NEED. SELECTION WILL BE FROM APPLICATIONS SUBMITTED WHICH INCLUDE A ONE-PAGE ESSAY DESCRIBING CAREER AND EDUCATIONAL GOALS AND THE APPLICANTS NEED FOR SCHOLARSHIP ALONG WITH TRANSCRIPTS AND FINANCIAL AID APPLICATIONS. A THE COUNTY OF SANGAMON ILLINOIS 370765550 NONEAVAIL 2009-08-28 2600000 RENOVATION OF BUILDING/REFUNDING OF OUTSTANDING SERIES 1997 BONDS 0 0 0 A 2600000 25000 2011 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED 990 IS PRESENTED TO THE ORGANIZATION'S PRESIDENT FOR REVIEW AND SUBSEQUENTLY REPORTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MONITORS AND ENFORCES ANY CONFLICTS OF INTEREST VERBALLY IN BOARD MEETINGS. OFFICERS, DIRECTORS AND EMPLOYEES ARE TO REPORT CONFLICTS OF INTEREST AND POTENTIAL CONFLICTS ARE DISCUSSED AS THEY MAY BE PRESENTED. FORM 990, PART VI, SECTION C, LINE 19 ALL OFFICIAL DOCUMENTS ARE KEPT AT THE ICCSF OFFICE AT 401 E. CAPITOL AVENUE IN SPRINGFIELD, ILLINOIS, AND ARE AVAILABLE TO ANYONE WHO MAKES A REQUEST IN WRITING, MAKES AN APPOINTMENT, AND PROVIDES IDENTIFICATION AS REQUESTED BY THE ICCSF PRESIDENT.