2025-12-22T10:59:44-08:00 2025-08-31 752245818 Pate Downs & Pinkerton LLP PO Box 1255 Levelland TX 79336 990 2024-09-01 751665618 SOUTH PLAINS COLLEGE FOUNDATION SOUT 8067162218 1401 COLLEGE AVENUE LEVELLAND TX 79336 JULIE GERSTENBERGER Executive Director 2025-12-22 true true Kurt Copeland P00388644 8068948568 2024 2025-03-06 01:10:19Z 1401 COLLEGE AVENUE LEVELLAND TX 79336 9419556 false X WWW.SPCTXFOUNDATION.ORG X 1979 TX SECURE AND ADMINISTER FUNDS FOR STUDENT FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS-IN-AID AND FOR GRANTS AND FINANCIAL SUPPORT THAT ADVANCES AND ENRICHES THE EDUCATIONAL PROGRAM OF SOUTH PLAINS COLLEGE, LEVELLAND, TEXAS. 22 20 0 0 2042360 2162514 0 5338079 4282313 -23960 -53687 7356479 6391140 2380789 2526365 0 0 0 0 113366 100094 2494155 2626459 4862324 3764681 38345024 41114011 2925927 1930233 35419097 39183778 SECURE AND ADMINISTER FUNDS FOR STUDENT FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS-IN-AID AND FOR GRANTS AND FINANCIAL SUPPORT THAT ADVANCES AND ENRICHES THE EDUCATIONAL PROGRAM OF SOUTH PLAINS COLLEGE, LEVELLAND, TEXAS. false false 1306365 1306365 PROVIDE EDUCATIONAL PROGRAM SUPPORT TO SOUTH PLAINS COLLEGE. 1220000 1220000 PROVIDE SCHOLARSHIPS TO STUDENTS BASED UPON THEIR SCHOLASTIC ACHIEVEMENTS AND/OR FINANCIAL NEEDS IN ACCORDANCE TO CRITERIA DETERMINED BY DONORS AND/OR SOUTH PLAINS COLLEGE. 2526365 true true false false false false false false false true false false false true true false true false false false false false false false true false false true false false false false false false false false false false false false false false false true false true false true 0 0 false 0 false false false false false false false 0 false false false false false false false false false false X 22 20 true false false false false false false true true false false true true true true true true true true false X X X SOUTH PLAINS COLLEGE 8067162218 1401 COLLEGE AVE LEVELLAND TX 79336 X JULIE GERSTENBERGER Executive Dir. 0.00 0.00 X 0 0 0 DOUG HOELSCHER Director 0.00 0.00 X 0 0 0 CHRISTY HARTIN Director 0.00 0.00 X 0 0 0 MIKE BOX Director 0.00 0.00 X 0 0 0 CORY NEWSOM Director 0.00 0.00 X 0 0 0 DALLAS PENA Director 0.00 0.00 X 0 0 0 RICHARD ELLIS Director 0.00 0.00 X 0 0 0 GENE ALLEN Director 0.00 0.00 X 0 0 0 BILL POWELL Director 0.00 0.00 X 0 0 0 CHAD ALEXANDER Director 0.00 0.00 X 0 0 0 DONETTE MARBLE Director 0.00 0.00 X 0 0 0 MARC TUCKER Director 0.00 0.00 X 0 0 0 KEN WILLIAMS Director 0.00 0.00 X 0 0 0 RUSSELL VEST Treasurer 0.00 0.00 X X 0 0 0 ANN CAPPS President 0.00 0.00 X X 0 0 0 SARAH THOMPSON Director 0.00 0.00 X 0 0 0 HENRY DOMINGUEZ Director 0.00 0.00 X 0 0 0 MARK ROBERTS Vice President 0.00 0.00 X X 0 0 0 MICHAEL STUEART Director 0.00 0.00 X 0 0 0 ANNETTE SYKORA Secretary 0.00 0.00 X X 0 0 0 ROBIN SATTERWHITE Director 0.00 0.00 X 0 0 0 JOE TUBB Director 0.00 0.00 X 0 0 0 0 false false false 0 253567 1908947 2162514 0 718730 718730 0 0 0 6524672 2961089 3563583 3563583 3563583 13640 253567 67327 -53687 -53687 0 0 0 6391140 3563583 665043 2526365 2526365 0 0 0 0 0 0 0 0 0 0 0 4250 4250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INVESTMENT MGMT FEES 79950 79950 BOARD LIABILITY INSURANCE 7384 7384 ONLINE GIVING TRANSACTION FEES 5752 5752 DONOR RECOGNITION EXPENSE 2758 2758 0 2626459 2526365 100094 0 216804 245826 688023 474787 0 0 0 0 0 0 0 0 34270291 38205544 0 0 0 3169906 2187854 38345024 41114011 2925927 1930233 2925927 1930233 X 316551 330854 35102546 38852924 35419097 39183778 38345024 41114011 3764681 X false true X false false X 11907179 4236276 2846354 2073042 2176154 23239005 0 75000 75000 75000 75000 75000 375000 11982179 4311276 2921354 2148042 2251154 23614005 13507682 10106323 432359 301655 442890 668034 718730 2563668 0 0 26177673 0.38610 0.32010 X Prior Year Facts and Circumstances: South Plains College Foundation secures and administers funds for student financial assistance in the form of scholarships and grants-in-aid that advances and enriches the educational programs of South Plains College. The primary beneficiaries other than South Plains College are the students who receive financial support through scholarships and grants to further their education. The student population that has access to the scholarships ranges from local, all U.S. states and international shores as well. Following are additional facts and circumstances supporting the charitable status of South Plains College Foundation. The 10% public support has been met:Public support for 2023 was 32.01%.Public support for 2022 was 31.76%,Public support for 2021 was 29.31%.The ability of South Plains College Foundation to attract public support has always been and continues to be a stronghold for the Foundation. The representative base of donors are individuals from around the area. The percentages have been skewed the last couple of years due to the generosity of a few families of which there are no guarantees for the future.The number of independent voting board members is twenty-two with two board members who are directly associated with South Plains College. The twenty voting members come from all walks of life and are actively involved in all aspects of the community and the surrounding area of South Plain College and the Foundation.South Plains College Foundation is consistent with providing support to qualifying students each semester through scholarships and grants and providing support to South Plains College.Based upon the above facts and circumstances the mission and purpose for South Plains College has not changed and the classification as a public charity should remain the same. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35419098 1908947 3248552 1306365 -13640 100094 39183778 30556773 898042 5232387 1195789 -13627 85942 35419098 28248239 1415949 2208882 1221730 -5808 100375 30556773 31343870 4236276 -3565058 3687260 79589 28248239 23311418 1890892 4466063 735588 100830 28831955 0.01000 0.54000 0.45000 false false false CASH VALUE LIFE INSURANCE 245121 FOUNDATION GRANT PLEDGES 1930233 TIME SHARE 12500 2187854 FOUNDATION GRANT PLEDGES 1930233 1930233 5161015 -1230125 -1230125 6391140 6391140 1396335 -1230124 -1230124 2626459 2626459 Part V, Line 4: Intended uses of the endowment fund. ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED FOR STUDENT SCHOLARSHIPS AND GRANTS-IN-AID. X X X X X false GALA 199407 185767 13640 11700 5475 18246 11292 GOLF SCRAMBLE 67800 67800 4874 15740 267207 253567 13640 16574 21215 18246 11292 67327 -53687 true SOUTH PLAINS COLLEGE 1401 COLLEGE AVE LEVELLAND TX 79336 756004667 1232508 0 PROVIDE PROGRAM SUPPORT SOUTH PLAINS COLLEGE - SCHOLARSHIP FUND 1401 COLLEGE AVE LEVELLAND TX 79336 756004667 1293857 0 PROVIDE SCHOLARSHIPS TO STUDENTS 0 2 RUSSELL VEST TREASURER 262054 SAVINGS & C.D. ACCOUNT false Form 990, Part VI, Section A, Line 2 MARC TUCKER-DIRECTOR, SR. VICE PRESIDENT OF CITY BANK, LEVELLAND, TX.RUSSELL VEST-TREASURY, HOCKLEY COUNTY CREDIT UNION, LEVELLAND, TX.CORY NEWSOM-DIRECTOR, PRESIDENT & CEO CITY BANK, LUBBOCK TX. Form 990, Part VI, Section B, Line 11b TEN DAYS PRIOR TO FILING DEADLINE, A COPY OF COMPLETED FORM 990 SHALL BE MAILED TO ALL DIRECTORS AND OFFICERS FOR REVIEW. DIRECTORS AND OFFICERS HAVE TEN DAYS TO REVIEW AND SUBMIT QUESTIONS TO AND/OR REQUEST ADDITIONAL INFORMATION FROM THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR, IN CONSULTATION WITH THE BOARD PRESIDENT AND TREASURER, SHALL RESPOND TO ALL DIRECTOR INQUIRIES AS SOON AS POSSIBLE BUT PRIOR TO THE FILING DEADLINE. Form 990, Part VI, Section B, Line 12c POLICY REQUIRES EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS TO ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT AND DISCLOSE THE EXISTENCE AND NATURE OF FINANCIAL INTEREST OR CONFLICT OF LOYALTY AS DEFINED BY THE POLICY. ANNUAL REVIEWS OF THESE DISCLOSURES ARE CONDUCTED BY THE EXECUTIVE COMMITTEE TO IDENTIFY ANY INTEREST THAT COULD GIVE RISE TO CONFLICT. Form 990, Part VI, Section B, Line 15a SOUTH PLAINS COLLEGE FOUNDATION DOES NOT PROVIDE COMPENSATION FOR ITS DIRECTORS, OFFICERS OR TOP MANAGEMENT. Form 990, Part VI, Section B, Line 15b SOUTH PLAINS COLLEGE FOUNDATION DOES NOT EMPLOY ANY MANAGEMENT OR STAFF PERSONNEL. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO PUBLIC UPON WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR OF THE FOUNDATION. ADDITIONALLY, THESE DOCUMENTS AND OTHER INFORMATION ARE MADE AVAILABLE ON THE SOUTH PLAINS COLLEGE FOUNDATION WEBSITE AT WWW.SPCTXFOUNDATION.ORG. SOUTH PLAINS COLLEGE 1401 COLLEGE AVENUE LEVELLAND TX 79336 756004667 HIGHER EDUCATION TX 115 N/A N/A false false false false false false false false false false false false false false true true false false false false SOUTH PLAINS COLLEGE n 75000 Square Footage SOUTH PLAINS COLLEGE o 205398 % Time Devoted