2025-11-17T09:24:26-06:00 2025-06-30 540565834 BROWN EDWARDS & COMPANY LLP 810 SOUTHPARK BLVD 2ND FLOOR COLONIAL HEIGHTS VA 23834 990 2024-07-01 521389646 BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION INC BRIG 8045941476 800 CHARTER COLONY PARKWAY MIDLOTHIAN VA 23114 DR JEAN HALE EXECUTIVE DIRECTOR 8045941476 2025-11-15 1 1 M JAMES HARTSON JR CPA P00590214 8047335566 2025-11-15 2024 2025-03-06 01:10:19Z DR JEAN HALE 800 CHARTER COLONY PARKWAY MIDLOTHIAN VA 23114 4779914 0 X WWW.BRIGHTPOINT.EDU/FOUNDATION X 1967 VA THE BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION ACQUIRES VITAL RESOURCES THAT ADVANCE THE COLLEGE'S MISSION TO PROVIDE SUPERIOR, AFFORDABLE, AND ACCESSIBLE EDUCATION TO MEMBERS OF THE COMMUNITY. THE FOUNDATION SEEKS THE TIME, TALENT, AND FINANCIAL SUPPORT OF INDIVIDUALS, BUSINESSES, AND PRIVATE FOUNDATIONS TO HELP FUND STUDENT SUPPORT INITIATIVES SUCH AS SCHOLARSHIPS AND ASSISTANCE FUNDS; ACADEMIC AND WORKFORCE PROGRAM DEVELOPMENT AND EXPANSION; AND OTHER CRITICAL STUDENT AND COLLEGE NEEDS. 20 19 0 18 0 0 2600273 1382050 0 0 352070 473743 0 0 2952343 1855793 1242054 1400074 0 0 0 0 0 0 16704 441085 418698 1683139 1818772 1269204 37021 11324478 11959650 480210 574812 10844268 11384838 X THE BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION ACQUIRES VITAL RESOURCES THAT ADVANCE THE COLLEGE'S MISSION TO PROVIDE SUPERIOR, AFFORDABLE, AND ACCESSIBLE EDUCATION. THE FOUNDATION SEEKS THE TIME, TALENT, AND FINANCIAL SUPPORT OF ALUMNI, INDIVIDUALS, BUSINESSES, CIVIC GROUPS, AND PRIVATE FOUNDATIONS IN ORDER TO BUILD RELATIONSHIPS THAT ULTIMATELY HELP THE COLLEGE ELEVATE THE COMMUNITY'S QUALITY OF LIFE. 0 0 1236451 1024993 DURING THE FISCAL YEAR, BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION PROVIDED MORE THAN $1,400,000 IN SUPPORT TO THE COLLEGE AND STUDENTS, INCLUDING APPROXIMATELY $375,000 IN SCHOLARSHIPS AND GRANTS AND MORE THAN $1,025,000 IN SUPPORT FOR ACADEMIC PROGRAMS, FACULTY, EQUIPMENT, STUDENT EMERGENCY AID, AND OTHER STUDENT SUPPORT PROGRAMS. 375081 375081 DURING THE YEAR THE FOUNDATION AWARDED APPROXIMATELY $375,000 SCHOLARSHIPS THROUGH A COMPETITIVE APPLICATION PROCESS. 1611532 1 1 0 0 0 0 0 0 0 1 1 1 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 0 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X THE FOUNDATION 8045941476 800 CHARTER COLONY PARKWAY MIDLOTHIAN VA 23114 X DR JEAN HALE EXECUTIVE DIRECTOR 40.00 X X 0 0 0 JAMES MYERS CHAIR 1.00 X X 0 0 0 DAVID LEDBETTER 1ST VICE CHAIR 1.00 X X 0 0 0 RICARDO TORRES 2ND VICE CHAIR 1.00 X X 0 0 0 JON VANCLEAVE TREASURER 1.00 X X 0 0 0 VANDY JONES III SECRETARY 1.00 X X 0 0 0 BRANDEE BEVAN DIRECTOR 1.00 X 0 0 0 ERICA BURGESS DIRECTOR 1.00 X 0 0 0 PAMELA COMSTOCK IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 KELLI COONS DIRECTOR 1.00 X 0 0 0 CARL DUFFEY DIRECTOR 1.00 X 0 0 0 PETER ELIADES DIRECTOR 1.00 X 0 0 0 DR WILLIAM FIEGE DIRECTOR 1.00 X 0 0 0 ALAN W MASSENGILL DIRECTOR 1.00 X 0 0 0 DENNY MORRIS DIRECTOR 1.00 X 0 0 0 PHILLIP O'CONNOR DIRECTOR 1.00 X 0 0 0 ALEX R O'NEILL DIRECTOR 1.00 X 0 0 0 RONALD WHITE DIRECTOR 1.00 X 0 0 0 BRIDGET H WILSON DIRECTOR 1.00 X 0 0 0 CHRISTINE WILSON DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1382050 1382050 285141 285141 3112723 2924121 188602 188602 188602 1855793 0 0 473743 1024993 1024993 375081 375081 99430 99430 42223 42223 112650 112650 12287 9454 794 2039 32898 20911 1587 10400 8370 8370 REIMBURSEMENT OF SALARI 54093 54093 SUBSCRIPTIONS AND LICEN 43009 9350 33659 OTHER EXPENSES 11208 5000 1964 4244 OTHER ADMINISTRATIVE 1771 1750 21 759 759 1818772 1611532 190536 16704 33173 33173 1402640 1661844 1571167 1314142 25800 25800 25800 6224844 7411464 2015187 1458720 51667 54507 11324478 11959650 480210 574812 480210 574812 X 2487688 2751465 8356580 8633373 10844268 11384838 11324478 11959650 37021 503549 0 X X 0 1 X 1 0 X 570018 1440471 1770317 2600273 1382050 7763129 388940 458347 491137 378469 407936 2124829 958958 1898818 2261454 2978742 1789986 9887958 3208718 6679240 131826 136575 220422 272579 285141 1046543 10934501 0.61080 0.69360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4939454 20788 546604 136771 44358 5325717 4454090 65798 596858 133933 43359 4939454 4120714 70268 440263 135856 41299 4454090 4717752 60500 -508440 106695 42403 4120714 3850218 62575 899241 94282 4717752 0.52539 0.47460 0 0 25800 25800 25800 ISHARES RUSSELL TOP 200 GROWTH ETF 773795 F DFA INTERNATIONAL CORE EQUITY 684925 F 1458720 X 2731555 503549 414436 917985 1813570 42223 42223 1855793 2190985 414436 414436 1776549 42223 42223 1818772 PART V, LINE 4: THERE ARE APPROXIMATELY 40 INDIVIDUAL ENDOWMENT FUNDS USED MAINLY FOR STUDENT SCHOLARSHIPS. A SMALL PORTION IS USED FOR EQUIPMENT PURCHASES. PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. CURRENTLY, THE FOUNDATION'S 2021 THROUGH THE 2023 TAX YEARS ARE OPEN AND SUBJECT TO INCOME TAX EXAMINATIONS BY THE TAXING AUTHORITIES. THE FOUNDATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN MANAGEMENT AND GENERAL EXPENSES. THE FOUNDATION DID NOT HAVE PENALTIES AND INTEREST RELATING TO INCOME TAXES FOR THE YEAR ENDED JUNE 30, 2025. 1 BRIGHTPOINT COMMUNITY COLLEGE 13101 JEFFERSON DAVIS HIGHWAY CHESTER VA 23831 541268277 170(C)(1) 1024993 0 SUPPORT FOR THE COLLEGE 1 SCHOLARSHIPS AND GRANTS - PAID TO BCC 221 375081 FUNDS ARE DONATED TO THE FOUNDATION TO BE USED FOR RESTRICTED PURPOSES FOR THE BENEFIT OF BRIGHTPOINT COMMUNITY COLLEGE. BRIGHTPOINT COMMUNITY COLLEGE INCURS THE NECESSARY EXPENSES AND THEN SUBMITS AN INVOICE TO THE FOUNDATION TO BE REIMBURSED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RECEIVES THE 990 FOR REVIEW, AND A COPY OF THE 990 IS MADE AVAILABLE BY MAIL OR EMAIL TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO SIGN A STATEMENT EACH YEAR ACKNOWLEDGING THAT THEY UNDERSTAND AND AGREE TO ABIDE BY THE CONFLICTS OF INTEREST POLICY. IN THE EVENT THAT A BOARD MEMBER HAS A POTENTIAL CONFLICT OF INTEREST DURING THE YEAR, SUCH BOARD MEMBER SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS OR VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION ITSELF HAS NO EMPLOYEES. INSTEAD, ALL INDIVIDUALS PERFORMING SERVICES FOR THE FOUNDATION ARE EMPLOYED BY THE COMMONWEALTH OF VIRGINIA AND ARE SUBJECT TO THE COMMONWEALTH'S COMPENSATION GUIDELINES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.