2024-05-14T13:24:01-05:00 2023-06-30 341854260 CBIZ EBK 90 S CASCADE AVE STE 200 COLORADO SPRINGS CO 80903 990 2022-07-01 742182257 PIKES PEAK STATE COLLEGE FOUNDATION INC PIKE 7195022013 5675 SOUTH ACADEMY BLVD COLORADO SPRINGS CO 80906 DARLENE MELBY CFO 7195022427 2024-05-14 1 DARLENE MELBY 999009999 1 MITCHELL DOWNS CPA P00831972 7195310445 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DARLENE MELBY 5675 SOUTH ACADEMY BLVD COLORADO SPRINGS CO 80906 5321891 0 X HTTPS://WWW.PIKESPEAK.EDU/ X 1980 CO TO RECEIVE, INVEST AND ADMINISTER PROPERTY FOR THE BENEFIT OF PIKES PEAK STATE COLLEGE. 10 10 0 0 0 0 1405935 3343784 0 0 104927 104111 0 0 1510862 3447895 1664658 1682668 0 0 0 0 0 0 5316 360470 35326 2025128 1717994 -514266 1729901 4949305 6809266 849276 727495 4100029 6081771 X THE MISSION OF PIKES PEAK STATE COLLEGE FOUNDATION IS TO ENHANCE THE CAPACITY OF PIKES PEAK STATE COLLEGE TO EDUCATE AND TRAIN ITS STUDENTS BY PROVIDING FINANCIAL SUPPORT FOR STUDENT SCHOLARSHIPS AND SELECTED PROGRAMS AND PROJECTS. 0 0 1684028 1682668 RECOGNIZING THAT HIGHER EDUCATION IS PROVEN TO BE A HIGHLY EFFECTIVE PATHWAY FROM POVERTY TO ECONOMIC SELF-SUFFICIENCY AND CIVIC PARTICIPATION, THE PPSC FOUNDATION SCHOLARSHIP PROGRAM IS DESIGNED TO PROVIDE MEANINGFUL AND SUSTAINABLE FINANCIAL SUPPORT TO LOW INCOME AND FIRST-GENERATION STUDENTS. THE MAJORITY OF FOUNDATION SCHOLARSHIPS ARE DONOR-DESIGNATED TO FUND STUDENTS WHO ARE COMMITTED TO COMPLETION OF A CAREER-ORIENTED DEGREE OR CERTIFICATE PROGRAM. SCHOLARSHIPS ARE INTENTIONALLY AWARDED TO SUPPORT ENROLLMENT, RETENTION, AND GRADUATION FROM PPSC. SCHOLARSHIP STUDENTS RECEIVE HANDS-ON COACHING AND WRAP - AROUND SUPPORT SERVICES TO HELP THEM SUCCEED AND RESEARCH SHOWS A DRAMATIC INCREASE IN THE PERCENTAGE OF SCHOLARSHIP STUDENTS WHO GRADUATE, TRANSFER, OR STAY IN COLLEGE, PROVIDING A VERY HIGH RATE OF RETURN ON PHILANTHROPIC INVESTMENT. THE PIKES PEAK STATE COLLEGE FOUNDATION IS THE PHILANTHROPIC ARM OF PPSC AND, AS SUCH, RAISES FUNDS FOR STRATEGIC COLLEGE INITATIVES. INCLUDED IN THE 2022 OPERATIONS ARE EQUIPMENT PURCHASES FOR THE DELTA DENTAL CENTER, EDUCATION AND SIMULATION, AND A NEW CAMPUS DEDICATED TO INCREASE THE NUMBER OF GRADUATES IN HEALTHCARE PROGRAMS SUCH AS NURSING, MEDICAL ASSISTANTS, AND PHARMACY/DENTISTRY TECHNICIANS. THESE GRADUATES ARE IN HIGH DEMAND FOR THE PIKES PEAK REGION, A CRITICAL COMPONENT OF PLANS TO ADDRESS DEVASTATING HEALTHCARE WORKFORCE SHORTAGES IN THIS REGION. 1684028 1 1 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 7195022013 5675 SOUTH ACADEMY BLVD COLORADO SPRINGS CO 80906 DANIELLE SUMMERVILLE DIRECTOR 1.00 X 0 0 0 DR KENYA LEE DIRECTOR 1.00 X 0 0 0 MARTHA BARTON DIRECTOR 1.00 X 0 0 0 MICHAEL SCHROEDER TREASURER 1.00 X X 0 0 0 MURRAY WEINER DIRECTOR 1.00 X 0 0 0 STEPHANIE EDWARDS DIRECTOR 1.00 X 0 0 0 CJ MOORE DIRECTOR 1.00 X 0 0 0 SHIRLEY STEWART CHAIR 1.00 X X 0 0 0 JORDAN AYERS VICE CHAIR 1.00 X X 0 0 0 ANN CESARE DIRECTOR 1.00 X 0 0 0 LISA JAMES EXCUTIVE DIRECTOR 10.00 40.00 X 0 96692 16733 DARLENE MELBY INTERIM EXECUTIVE DIRECTOR 10.00 40.00 X 0 74884 11613 JESSICA KNUDTZON INTERIM EXECUTIVE DIRECTOR 10.00 40.00 X 0 79962 15264 0 251538 43610 0 0 0 0 0 924556 2419228 3343784 104111 104111 1873996 1873996 0 0 3447895 0 0 104111 614775 614775 1067893 1067893 23029 22940 89 4300 4300 1189 1146 43 747 747 1210 214 992 4 2807 1927 880 1253 1253 BUSINESS FEES 791 791 1717994 1684028 28650 5316 168812 169249 898982 1698647 475000 983884 251688 261805 1787 1787 0 0 3154823 3695681 4949305 6809266 344494 174540 504782 552955 849276 727495 X -343786 -438799 4443815 6520570 4100029 6081771 4949305 6809266 1729901 251840 0 X X 0 1 X 1 0 X 2309859 2895786 1211682 1405935 3343784 11167046 2309859 2895786 1211682 1405935 3343784 11167046 2165652 9001394 94857 105557 78818 104927 104111 488270 11655316 0.77230 0.86670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4443815 3342910 259213 1525368 6520570 5231312 1378419 -306736 1859180 4443815 5455809 1210531 592676 2027704 5231312 5404454 1681113 -10964 1618794 5455809 4522042 2169008 59749 1346345 5404454 0.42000 0.58000 0 0 1787 1787 0 0 X 4009768 251840 310033 561873 3447895 0 3447895 2028026 310033 310033 1717993 0 1717993 PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE HELD IN PERPETUITY AND THE EARNINGS FROM THOSE INVESTED FUNDS ARE USED TO PROVIDE GRANTS AND AWARDS TO COLLEGE STUDENTS. PART X, LINE 2: THE FOUNDATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. AS OF JUNE 30, 2023, THE INFORMATION RETURNS FOR THREE PRIOR YEARS ARE SUBJECT TO EXAMINATION. 1 PIKES PEAK STATE COLLEGE 5675 SOUTH ACADEMY BOULEVARD COLORADO SPRING CO 80906 840644769 501(C)(3) 0 377925 FMV ITEMS RELATED TO THE NEW BUILDING USE RELATED TO THE NEW BUILDING PIKES PEAK STATE COLLEGE 5675 SOUTH ACADEMY BOULEVARD COLORADO SPRING CO 80906 840644769 501(C)(3) 236850 0 FMV GENERAL OPERATIONS SCHOLARSHIPS 832 1067893 SCHEDULE I, PART 1, LINE 2 THE ORGANIZATION PAYS THE GRANT DIRECTLY TO THE COLLEGE FOR THE BENEFIT OF THE RECIPIENT. THE ORGANIZATION VERIFIES STUDENT ENROLLMENT AND GPA PRIOR TO AWARDING A GRANT. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION IS OPERATED BY EMPLOYEES OF THE PIKES PEAK STATE COLLEGE. THE PIKES PEAK STATE COLLEGE ALSO PROVIDES THE FACILITIES, AND OTHER OVERHEAD COSTS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RECEIVES A DRAFT COPY OF THE FORM 990 FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE ASKED ON AN ANNUAL BASIS IF THEY ARE IN COMPLIANCE WITH POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES THIS INFORMATION UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS REMAINED THE SAME FROM THE PRIOR YEAR, NO CHANGES. PIKES PEAK STATE COLLEGE 5675 SOUTH ACADEMY BOULEVARD COLORADO SPRINGS CO 80906 840644739 COMMUNITY COLLEGE CO 170(B)(1)(A)(IV) N/A N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0