2025-12-22T09:30:50-06:00 2025-06-30 363168081 SIKICH LLC 1415 W DIEHL RD SUITE 400 NAPERVILLE IL 605632349 990 2024-07-01 362917302 OAKTON COMMUNITY COLLEGE EDUCATIONAL FOUNDATION OAKT 8476351893 1600 E GOLF ROAD 1640 DES PLAINES IL 600161234 KATHERINE S SAWYER CHIEF ADVANCEMENT OFFICER 8476351893 2025-12-12 1 1 HEATHER BONIFAS CPA P01711657 6305668400 2025-12-12 2024 2025-03-06 01:10:19Z OAKTON COLLEGE EDUCATIONAL FOUNDATION KATHERINE S SAWYER 1600 E GOLF ROAD 1640 DES PLAINES IL 600161234 4797066 0 X WWW.OAKTON.EDU/GIVING X 1977 IL TO ENABLE STUDENT SUCCESS. 22 22 0 30 0 0 1789752 2052975 0 0 1065768 2003541 0 0 2855520 4056516 1517681 2082002 0 0 0 0 0 0 33792 303992 312281 1821673 2394283 1033847 1662233 21640408 23838484 409587 192322 21230821 23646162 X TO ENABLE STUDENT SUCCESS. 0 0 1264282 1264282 THE FOUNDATION OVERSEES ALMOST 180 ACTIVE SCHOLARSHIPS AND DISTRIBUTED 734 SCHOLARSHIP AWARDS TO 669 INDIVIDUAL STUDENTS TO ASSIST SCHOLARS WHO FACE FINANCIAL BARRIERS TO ACCESS, PERSISTANCE, AND SUCCESS IN COLLEGE. SCHOLARSHIP AWARDS ARE MADE BASED ON CRITERIA ESTABLISHED BY DONORS, WHICH MAY INCLUDE BUT IS NOT LIMITED TO ACADEMIC EXCELLENCE, DEMONSTRATED LEADERSHIP STRENGTHS, SPECIFIC PROGRAMS OF STUDY, AND FINANCIAL NEED. 382797 382797 GIFTS IN KIND OF EQUIPMENT AND RECEIVED ON BEHALF OF THE COLLEGE FOR ACADEMIC PROGRAMS AND THE COLLEGE'S MUSEUM. 264216 264216 GRANTS TO OAKTON TO SUPPORT PROGRAMMATIC INTITATIVES. 26046 26046 EMERGENCY FUNDS PROVIDED TO STUDENTS AND EMPLOYEES WHO FACE UNEXPECTED HARDSHIP THAT MIGHT PREVENT THEM FROM CONTINUING THEIR EDUCATION. ADDITIONALLY, AWARDS FOR EMPLOYEE EXCELLENCE RELATED TO EXCEPTIONAL STUDENT SERVICE. 84203 84203 THE FOUNDATION EXTENDED 10 INDIVIDUAL PROJECT GRANTS TO FACULTY AND EMPLOYEES TO SEED INNOVATION AND FUEL STUDENT AND COMMUNITY ENGAGEMENT OPPORTUNITIES. 60458 60458 PROGRAM EXPENDITURES RELATED TO STUDENT DEBT RELIEF TO AID IN RETENTION AND COMPLETION AS WELL AS INVESTMENT IN OTHER ACADEMIC AND STUDENT SUPPORT INITIATIVES. 170707 170707 2082002 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 22 22 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X X PETER CARLSON 8476351893 1600 E GOLF ROAD 1640 DES PLAINES IL 600161234 MS JULIE FENTON PRESIDENT 0.30 X X 0 0 0 MR MURRAY SPRUNG IMMEDIATE PAST PRESIDENT 0.30 X X 0 0 0 MR JEFF CONEY VICE PRESIDENT/PRESIDENT ELECT 0.30 X X 0 0 0 MR SCOTT HURWITZ TREASURER 0.30 X X 0 0 0 DR JOAN RICHARDS SECRETARY 0.30 X X 0 0 0 MS PATTI ANDERSON DIRECTOR 0.20 X 0 0 0 MR ALEX BORYSZEWSKI DIRECTOR 0.20 X 0 0 0 MR SHANE CARLIN DIRECTOR 0.20 X 0 0 0 MR HANSY CHARLIER THRU 63025 DIRECTOR 0.20 X 0 0 0 MR CARL COSTANZA DIRECTOR 0.20 X 0 0 0 MR HANK GALATZ DIRECTOR 0.20 X 0 0 0 MS KATE GALLAGHER DIRECTOR 0.20 X 0 0 0 MR STEFAN JOHNSON THRU 82124 DIRECTOR 0.20 X 0 0 0 MS KATIE HUNT DIRECTOR 0.20 X 0 0 0 MS REGINA HOLLOWAY THRU 11424 DIRECTOR 0.20 X 0 0 0 MS LINDA KORBEL DIRECTOR 0.20 X 0 0 0 MS CATHERINE LEONARD DIRECTOR 0.20 X 0 0 0 MS KATHY LICHTENSTEIN DIRECTOR 0.20 X 0 0 0 MS AMY MOSSER DIRECTOR 0.20 X 0 0 0 MS NATASHA RICHARDS DIRECTOR 0.20 X 0 0 0 MR JEFFREY RODRIGUEZ THRU 63025 DIRECTOR 0.20 X 0 0 0 MR STEVE SALAMAN DIRECTOR 0.20 X 0 0 0 MR HOWARD SINGER DIRECTOR 0.20 X 0 0 0 MS NANCY SULLIVAN DIRECTOR 0.20 X 0 0 0 DR JOIANNE SMITH COLLEGE PRESIDENT 1.00 40.00 X 0 363497 54177 MS KATHERINE SAWYER EXECUTIVE DIRECTOR 20.00 20.00 X 0 187074 21966 0 550571 76143 0 0 1 0 0 50450 167600 1834925 382797 2052975 1945828 1945828 798263 740550 57713 57713 57713 4056516 0 0 2003541 731216 731216 1350786 1350786 99754 99754 115712 115712 31711 31711 15714 15714 DIRECT FUNDRAISING 33792 33792 PROFESSIONAL DEVELOPMEN 9742 9742 BANK AND CREDIT CARD FE 4762 4762 MISCELLANEOUS 1094 1094 2394283 2082002 278489 33792 409096 238578 107643 74033 24979 24000 21098690 23501873 21640408 23838484 9298 13671 400289 178651 409587 192322 X 10602699 11767014 10628122 11879148 21230821 23646162 21640408 23838484 1662233 753108 0 X 0 1 X 1 0 X X 1 OAKTON COMMUNITY COLLEGE DIST 535 362681999 6 1 348419 382797 1 348419 382797 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X PART I ADDITIONAL SUPPLEMENTAL INFORMATION LINE 12G(VI) AMOUNTS OF OTHER SUPPORT INCLUDE DONATIONS OF EQUIPMENT AND SUPPLIES RECEIVED BY THE FOUNDATION THAT BENEFITS SPECIFIC DEPARTMENTS OR ACTIVITIES OF THE COLLEGE PART IV, SECTION A, LINE 2: OAKTON COMMUNITY COLLEGE DISTRICT 535 IS A GOVERNMENT ENTITY AND DOES NOT HAVE AN IRS DETERMINATION PART IV, SECTION D, LINE 3 THE PRESIDENT AND CHIEF ADVANCEMENT OFFICER OF THE COLLEGE ARE ON THE EXECUTIVE COMMITTEE AND GOVERNANCE COMMITTEE OF THE FOUNDATION. ADDITIONALLY, THE CHIEF ADVANCEMENT OFFICER AND CONTROLLER OF THE COLLEGE ARE ON THE FINANCE AND INVESTMENT COMMITTEE OF THE FOUNDATION. PART IV, SECTION E BOX 1C OAKTON COMMUNITY COLLEGE DISTRICT 535, A GOVERNMENT ENTITY, RECEIVED SUPPORT FROM THE EDUCATION FOUNDATION FOR (1)OAKTON STUDENT SCHOLARSHIPS TOTALING $1,264,282 TO BOLSTER RETENTION AND DEGREE/CERTIFICATION ATTAINMENT; (2) GIFTS IN KIND OF EQUIPMENT AND RECEIVED ON BEHALF OF THE COLLEGE FOR ACADEMIC PROGRAMS AND THE COLLEGE'S MUSEUM. OF $382,797; (3) GRANTS TO OAKTON TO SUPPORT PROGRAMMATIC INTITATIVES OF $264,216 (4) GRANTS TO FACULTY AND STAFF TOTALING $84,203 TO SEED INNOVATION AND FUEL STUDENT AND COMMUNITY ENGAGEMENT OPPORTUNITIES. (5) EMERGENCY FUNDS PROVIDED TO STUDENTS AND EMPLOYEES WHO FACE UNEXPECTED HARDSHIP THAT MIGHT PREVENT THEM FROM CONTINUING THEIR EDUCATION AS WELL AS AWARDS FOR EMPLOYEE EXCELLENCE RELATED TO EXCEPTIONAL STUDENT SERVICE TOTALING $26,046 (6) STUDENT DEBT RELIEF $60,458 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8102884 730769 777959 189680 54919 9367013 6724335 980078 561104 162170 463 8102884 6208576 324793 394309 190378 12965 6724335 6668864 461040 -694537 179438 47353 6208576 5547335 477330 852155 158346 49610 6668864 0.00000 0.72837 0.27162 0 0 0 DUE TO COLLEGE 178651 178651 X 5262363 753108 552493 1305601 3956762 99754 99754 4056516 2847022 552493 552493 2294529 99754 99754 2394283 PART V, LINE 4: THE FOUNDATION'S ENDOWMENTS ARE USED TO MAKE LEARNING ACCESSIBLE TO STUDENTS IN NEED AND TO ENHANCE THE PROGRAMS AND SERVICES OF OAKTON COMMUNITY COLLEGE DISTRICT 535. SPECIFICALLY, THE ENDOWMENTS PROVIDE A) SCHOLARSHIP AWARDS ENABLING STUDENTS TO ACCESS HIGHER EDUCATION AND B) FUNDING FOR CRITICAL INITIATIVES, INNOVATIVE PROGRAMS AND/OR UNIQUE LEARNING OPPORTUNITIES THAT FALL OUTSIDE THE COLLEGE'S ANNUAL OPERATING BUDGET. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE FOUNDATION FILES VARIOUS FEDERAL OR STATE NONPROFIT TAX RETURNS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2021. 1 OAKTON COMMUNITY COLLEGE 1600 E GOLF ROAD DES PLAINES IL 60016 362681999 170(B)(I)(A) 348419 382797 FMV ART GIFTS, BOOKS & PUBLICATIONS, VEHICLE, AND EQUIPMENT PROGRAM GRANTS, EQUIPMENT 1 SCHOLARSHIPS 669 1264282 EMERGENCY ASSISTANCE FUNDS 31 20046 FACULTY AND STAFF EXCELLENCE AWARDS 4 6000 STUDENT DEBT RELIEF 57 60458 PART I, LINE 2: GRANT FUNDS RECEIVE A UNIQUE EXPENSE CODE IDENTIFIER IN THE COLLEGE'S ACCOUNT SYSTEM, WHICH IS MONITORED BY THE COLLEGE'S ACCOUNTING OFFICE. DIRECT DISBURSEMENTS ARE MANAGED BY THE FOUNDATION'S SENIOR MANAGER OF FINANCE AND OPERATIONS. BOTH PARTIES ARE RESPONSIBLE FOR OBTAINING ADEQUATE SUPPORT DOCUMENTATION FOR EACH CLAIM. PART II, LINE 1H THE FOUNDATION AWARDS GRANTS TO THE COLLEGE TO FOSTER EDUCATIONAL INNOVATION AND OTHER STRATEGIC INITIATIVES THAT SUPPORT STUDENT LEARNING. PART III, LINE 2 EMERGENCY ASSISTANCE FUNDS ARE AVAILABLE TO SUPPORT BOTH STUDENTS AND EMPLOYEES WHEN HARDSHIPS ARISE. STUDENT EMERGENCY ASSISTANCE IS PROVIDED UPON THE RECOMMENDATION OF THE COLLEGE'S VICE PRESIDENT FOR STUDENT AFFAIRS. THESE FUNDS COVER THE COST OF SHORT-TERM EMERGENCY NEEDS SO THAT STUDENTS CAN REMAIN IN SCHOOL AND COMPLETE THEIR EDUCATION. WHENEVER POSSIBLE, PAYMENTS ARE MADE TO THIRD PARTIES ON BEHALF OF THESE STUDENTS. EMPLOYEE ASSISTANCE IS PROVIDED UPON THE RECOMMENDATION OF THE COLLEGE'S CHIEF HUMAN RESOURCE OFFICER. THESE FUNDS PROVIDE MONETARY ASSISTANCE TO EMPLOYEES OF THE COLLEGE WHO ARE AFFECTED BY MAJOR DISASTER (FLOOD, FIRE, ETC.), DEATH, OR MAJOR ILLNESS OR INJURY. 0 0 0 0 0 0 0 0 0 DR JOIANNE SMITH COLLEGE PRESIDENT 0 328427 0 0 0 35070 0 25025 0 29152 0 417674 0 0 MS KATHERINE SAWYER EXECUTIVE DIRECTOR 0 187074 0 0 0 0 0 0 0 21966 0 209040 0 0 PART I, LINE 3 COMPENSATION PROCESS IS DETERMIED BY OAKTON COMMUNITY COLLEGE, AND IS BASED ON A SALARY SCHEDULE USING THE HAY GROUP METHOD AND COMPENSATION SURVEY. COMPENSATION IS APPROVED BY THE OAKTON COMMUNITY COLLEGE'S BOARD OF TRUSTEES AS AN ACROSS THE BOARD INCREASE FOR ALL ADMINISTRATORS. OAKTON DOES NOT HAVE MERIT BASED RAISES. PART II THE PRESIDENT AND CHIEF ADVANCEMENT OFFICER OF OAKTON COMMUNITY COLLEGE DISTRICT 535 ARE EX-OFFICIOS DIRECTOR OF THE FOUNDATION. THE FOUNDATION AND THE COLLEGE DO NOT PROVIDE COMPENSATION FOR THE COLLEGE PRESIDENT AND CHIEF ADVANCEMENT OFFICER IN THE CAPACITY AS A MEMBER OF THE FOUNDATION'S BOARD. X 6 375295 FMV X 500 FMV X 1 1 FMV X SCIENTIFIC EQUIPMENT 1 7000 FMV X ROBOT 1 1 FMV 0 0 0 SCHEDULE M, PART I, COLUMN (B): THIS YEAR, THE FOUNDATION ACKNOWLEDGED 10 GIFT IN KIND CONTRIBUTIONS TO THE COLLEGE AND THE KOEHNLINE MUSEUM. THE FOUNDATION RECEIVED OTHER DONATED GOODS FROM DONORS TOTALING $382,797 AND $0 DURING THE YEARS ENDING JUNE 30, 2025 AND 2024, RESPECTIVELY. THESE DONATED GOODS WERE MEASURED BY AN INDEPENDENT APPRAISER UNLESS THEY WERE BELOW A CERTAIN THRESHOLD. ANY DONATED ITEMS BELOW THIS THRESHOLD WERE MEASURED AT AN ESTIMATED FAIR VALUE. ONCE THESE DONATIONS WERE RECEIVED BY THE FOUNDATION, THEY WERE TRANSFERRED DIRECTLY TO THE COLLEGE AND ARE INCLUDED IN PROGRAM SERVICES ON THE STATEMENT OF FUNCTIONAL EXPENSE. THERE WERE NO DONOR RESTRICTIONS ON THE DONATED GOODS. FORM 990, PART VI, SECTION A, LINE 4 THE FOUNDATION UPDATED IT'S INVESTMENT, ENDOWMENT, AND SPENDING POLICY TO REFLECT CHANGES IN THE ASSET ALLOCATION TARGETS FOR THE INVESTMENT POOL, AND MADE CHANGES TO THE FOUNDATION DIRECTOR ROLE AND EXPECTATIONS POLICY. IN ADDITION, WE UPDATED OUR MEMORANDUM OF UNDERSTANDING WITH THE ILLINOIS COMMUNITY COLLEGE SYSTEM FOUNDATION TO INCLUDE PROVIDING FINANCIAL SUPPORT FOR THEIR ADMINISTRATIVE SERVICES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 IS PROVIDED TO ALL MEMBERS OF THE FOUNDATION BOARD. FORM 990 IS FILED AFTER IT IS APPROVED BY THE FOUNDATION BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY STATES THAT IN CONNECTION WITH ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST, A BOARD MEMBER MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION IS PAID BY A RELATED PARTY OAKTON COMMUNITY COLLEGE DISTRICT 535. COMPENSATION PROCESS IS DETERMINED BY OAKTON COMMUNITY COLLEGE, AND IS BASED ON A SALARY SCHEDULE USING THE HAY GROUP METHOD AND COMPENSATION SURVEY. COMPENSATION IS APPROVED BY THE OAKTON COMMUNITY COLLEGE'S BOARD OF TRUSTEES AS AN ACROSS THE BOARD INCREASE FOR ALL ADMINISTRATORS. OAKTON DOES NOT HAVE MERIT BASED RAISES. FORM 990, PART VI, SECTION C, LINE 19 THROUGH OUR WEBSITE AT WWW.OAKTON.EDU/GIVING AND UPON REQUEST FOLLOWING OUR PUBLIC INFORMATION POLICY. OAKTON COMMUNITY COLLEGE DISTRICT 535 1600 E GOLF ROAD DES PLAINES IL 60016 362681999 HIGHER EDUCATION IL 501(C)(1) N/A 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 0 1 0 OAKTON COMMUNITY COLLEGE DISTRICT 535 C 50450