2025-03-11T14:09:53-05:00 2024-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2023-07-01 949622202 DIABLO VALLEY COLLEGE FOUNDATION DIAB 9256851230 321 GOLF CLUB ROAD PLEASANT HILL CA 94523 JAMES BLAIR DIRECTOR OF COLLEGE ADVANCEMENT 9256851230 2025-03-07 1 0 CATHERINE L GRAY CPA P01294460 9094664410 2025-03-05 2023 2025-03-06 01:10:19Z JAMES BLAIR 321 GOLF CLUB ROAD PLEASANT HILL CA 94523 2393268 0 X WWW.DVCFOUNDATION.ORG X 1975 CA THE MISSION OF THE DVC FOUNDATION IS TO DEVELOP RESOURCES AND RELATIONSHIPS THAT ENSURE INSTITUTIONAL EXCELLENCE AND THAT RESULT IN A TRULY EXCEPTIONAL EXPERIENCE FOR DIABLO VALLEY COLLEGE STUDENTS. 9 9 0 9 0 0 417540 587261 0 0 37012 399168 0 0 454552 986429 408675 296351 0 0 0 0 0 0 114389 518297 607554 926972 903905 -472420 82524 7743175 8156715 94717 206027 7648458 7950688 THE MISSION OF THE DIABLO VALLEY COLLEGE FOUNDATION IS TO DEVELOP RESOURCES AND RELATIONSHIPS FOR DIABLO VALLEY COLLEGE THAT ENSURE INSTITUTIONAL EXCELLENCE AND THAT RESULT IN A TRULY EXCEPTIONAL EXPERIENCE FOR ITS STUDENTS. 0 0 659158 296351 PROVIDE ASSISTANCE TO DIABLO VALLEY COLLEGE STUDENTS THROUGH SCHOLARSHIPS AND INSTRUCTIONAL PROGRAM AND SERVICES SUPPORT. 659158 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 42 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X AZUR SMITH 9252296946 321 GOLF CLUB RD PLEASANT HILL CA 94523 PETER ZABALLOS CHAIR 2.00 X X 0 0 0 GREGORY YOUNG VICE CHAIR 2.00 X X 0 0 0 RYAN BUCKLEY SECRETARY/TREASURER 2.00 X X 0 0 0 SHERMAN GRIFFIN DIRECTOR 2.00 X 0 0 0 MINO SASTRY DIRECTOR 2.00 X 0 0 0 SUSAN LAMB DIRECTOR/PRESIDENT OF DIAB 2.00 40.00 X 0 337242 77135 LIZ JENNINGS DIRECTOR 2.00 X 0 0 0 STEVE FERNANDO DIRECTOR 2.00 X 0 0 0 ANTHONY REDONDO DIRECTOR 2.00 X 0 0 0 JIM BLAIR DIRECTOR OF COLLEGE ADVANC 30.00 10.00 X 0 154028 2649 0 491270 79784 0 0 1 0 0 587261 587261 218869 218869 1587138 1406839 180299 180299 180299 986429 0 0 399168 3226 3226 293125 293125 340 170 68 102 96774 48387 19355 29032 47016 47016 32963 16663 6302 9998 4220 2111 843 1266 4307 2148 864 1295 11760 5880 2352 3528 6887 4110 1111 1666 1650 825 330 495 4700 2350 940 1410 CONTRACT SERVICES 144374 72187 28875 43312 PROGRAM SUPPLIES & MATE 132526 132286 96 144 COLLEGE REIMBURSEMENT 57312 28656 11462 17194 AWARDS/DONOR RECOGNITIO 36529 36214 126 189 26196 10820 10618 4758 903905 659158 130358 114389 281538 352197 3949 1705 7457688 7802813 7743175 8156715 94717 206027 94717 206027 X -278193 -297460 7926651 8248148 7648458 7950688 7743175 8156715 82524 219706 0 X 0 1 X 1 0 X 634117 276976 503393 417540 587261 2419287 238764 156877 174840 189712 205055 965248 872881 433853 678233 607252 792316 3384535 3384535 204130 182696 185241 196055 218869 986991 9722 9722 4381248 9722 0.77250 0.80580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 659158 659158 123874 30969 0 0 96931 99994 148607 123874 469406 704109 24233 24999 37152 30969 117353 176030 5374555 188025 436810 225907 5773483 5272998 57528 272183 228154 5374555 5735651 119473 -476976 105150 5272998 5112303 59282 686166 122100 5735651 5134755 56373 25325 104150 5112303 0.29510 0.70490 0 0 0 X 1364174 219706 205055 424761 939413 47016 47016 986429 1061944 205055 205055 856889 47016 47016 903905 PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED FOR THE BENEFIT OF DIABLO VALLEY COLLEGE AND ITS STUDENTS AS DIRECTED BY DONOR DESIGNATION (WHEN RESTRICTED) OR AS DIRECTED BY THE BOARD OF DIRECTORS FOR UNDESIGNATED FUNDS. PART X, LINE 2: THE FOUNDATION HAS ADOPTED FASB ASC TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. 1 DIABLO VALLEY COLLEGE 321 GOLF CLUB RD PLEASANT HILL CA 94523 680342035 GOVERNMENT 0 3226 ACTUAL AMOUNT EDUCATIONAL PROGRAM SUPPORT EDUCATIONAL SCHOLARSHIPS 190 293125 PART I, LINE 2: THE ASSISTANCE PROVIDED IS VIA SCHOLARSHIPS TO DVC STUDENTS. AN ONLINE APPLICATION PROCESS, ACADEMIC WORKS (AW), IS UTILIZED FOR BOTH A) THE STUDENT APPLICATION PROCESS, AND B) THE SELECTION AND AWARD COMMITTEE REVIEW AND AWARDING PROCESS. ALL FOUNDATION SCHOLARSHIPS ARE UPLOADED INTO THE ACADEMIC WORKS SYSTEM, WITH DONOR-DESIGNATED CRITERIA, AMOUNTS, AND ADDITIONAL QUALIFICATION REQUIREMENTS. ONCE STUDENTS COMPLETE A GENERAL APPLICATION WITHIN THE AW SYSTEM, THE COLLEGE STUDENT RECORDS PROGRAM THEN AUTOMATICALLY MATCHES STUDENT APPLICANTS TO ANY SCHOLARSHIP FOR WHICH THEY ARE QUALIFIED. AT THE CLOSE OF THE SCHOLARSHIP APPLICATION PERIOD, THE COMMITTEE THEN REVIEWS ALL MATCHED APPLICATIONS, PROVIDES AN OVERALL RATING PER STUDENT, PER SCHOLARSHIP, AND THEN STUDENTS ARE SELECTED BASED ON THE NUMERICAL WEIGHTED SCORE. ALL OF THE INFORMATION ON THE SCHOLARSHIPS, SCHOLARSHIP APPLICANTS, QUALIFICATIONS, AWARD NOTIFICATION, ETC., ARE KEPT IN PERPETUITY WITHIN THE AW SYSTEM. ALL SCHOLARSHIP FUNDS PROVIDED TO STUDENTS FROM THE DVC FOUNDATION ARE DISTRIBUTED DIRECTLY TO STUDENTS FOR PURPOSES THAT SUPPORT THEIR EDUCATIONAL NEEDS AS DETERMINED BY THE STUDENTS THEMSELVES. 0 0 0 0 0 0 0 0 0 SUSAN LAMB DIRECTOR/PRESIDENT OF DIAB 0 337242 0 0 0 0 0 0 0 77135 0 414377 0 0 JIM BLAIR DIRECTOR OF COLLEGE ADVANC 0 154028 0 0 0 0 0 0 0 2649 0 156677 0 0 PART I, LINE 3 EXECUTIVE DIRECTOR IS PAID BY CONTRA COSTA COMMUNITY COLLEGE DISTRICT, AN UNRELATED ORGANIZATION. OUTSIDE CONSULTANT IS ENGAGED TO PROVIDE COMPARABILITY DATA TO THE DISTRICT'S HR DEPARTMENT. THE CONSULTANT'S RECOMMENDATIONS ARE THEN PRESENTED TO AND APPROVED BY THE GOVERNING BOARD AND BY THE HR DEPARTMENT. THE DISTRICT'S HUMAN RESOURCES DEPARTMENT PERFORMS AN ANNUAL ANALYSIS OF THE MARKET TO DETERMINE COMPENSATION RANGES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM IN CONJUNCTION WITH THE ORGANIZATION'S MANAGEMENT TEAM. A DRAFT OF FORM 990 IS REVIEWED BY THE MANAGEMENT TEAM, AND ANY CORRECTIONS OR MODIFICATIONS ARE MADE BY THE OUTSIDE CPA. THE REVISED DRAFT IS THEN REVIEWED BY THE FINANCE COMMITTEE. ANY CONCERNS ARE RAISED WITH THE CPA FIRM AND A CONSENSUS IS ACHIEVED. THE 990 IS THEN SHARED WITH THE BOARD AT LARGE. THE RETURN IS THEN FINALIZED AND ELECTRONICALLY FILED WITH THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE ASKED TO SIGN THE CONFLICT OF INTEREST POLICY UPON APPROVAL OF MEMBERSHIP. NO BOARD MEMBER, THEIR RELATIVES, OR THEIR COMPANY, SHOULD RECEIVE PAYMENT FOR SERVICES. BOARD MEMBER PROSPECTS ARE VETTED FOR ANY POTENTIAL CONFLICTS OF INTEREST. THIS INCLUDES ANY COLLEGE STAFF THAT ACT AS LIAISON MEMBERS TO THE BOARD - THEY ARE NOT ALLOWED TO VOTE ON FUNDING THAT CAN DIRECTLY IMPACT THEIR COLLEGE PROGRAM AREA. ALL MEMBERS ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICT THAT MAY ARISE THROUGHOUT MEMBERSHIP WITH THE BOARD. ANNUALLY THE EXECUTIVE DIRECTOR AND THE AUDIT COMMITTEE REVIEW THE CONFLICT OF INTEREST STATEMENTS COMPLETED BY THE BOARD OF DIRECTORS WHO INTERACT WITH OUTSIDE ORGANIZATIONS OR BUSINESSES ON BEHALF OF THE CORPORATION. THE DISCLOSURES ARE PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW AND CONSIDERATION. IT IS DOCUMENTED IN THE BOARD MEETING MINUTES THAT MEMBERS WITH POTENTIAL CONFLICTS RECUSE THEMSELVES FROM INVOLVEMENT IN DISCUSSIONS/BOARD ACTIONS RELATING TO THE POTENTIAL CONFLICTS. MANAGEMENT OF POTENTIAL CONFLICTS WOULD BE DISCLOSED TO AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL'S COMPENSATION IS PAID BY CONTRA COSTA COMMUNITY COLLEGE DISTRICT, AN UNRELATED ORGANIZATION, FOR SERVICES RENDERED IN HIS/HER CAPACITY AS OFFICER OF THE FOUNDATION. THE GOVERNING BOARD OF THE DISTRICT REVIEWS AND APPROVES THE FOUNDATION DIRECTOR'S COMPENSATION IN MAY OR JUNE OF EACH YEAR, FOLLOWING THE DISTRICT'S ESTABLISHED COMPENSATION SCHEDULE. PRIOR TO THE HIRING OF THE CURRENT TOP MANAGEMENT OFFICIAL, AN OUTSIDE CONSULTANT WAS ENGAGED TO PROVIDE COMPARABILITY DATA TO THE DISTRICT'S HR DEPARTMENT. THE CONSULTANT'S RECOMMENDATIONS WERE THEN PRESENTED TO AND APPROVED BY THE GOVERNING BOARD AND BY THE HR DEPARTMENT. BECAUSE THE ORGANIZATION RELIES ON CONTRA COSTA COMMUNITY COLLEGE DISTRICT, AN UNRELATED ORGANIZATION, TO ESTABLISH THE COMPENSATION OF ITS TOP MANAGEMENT OFFICIAL, THIS QUESTION HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE INSTRUCTIONS TO FORM 990. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST.