2025-03-25T07:06:26-05:00 2024-06-30 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DR NE 3RD FLOOR CHRISTIANSBURG VA 24073 990 2023-07-01 541213521 DANVILLE COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC DANV 4347978495 1008 SOUTH MAIN STREET DANVILLE VA 24541 SHANNON HAIR VP OF INSTITUTIONAL ADV. & DEV. 4347978495 2025-03-19 1 1 MARK WOOLWINE P00647446 5404433606 2025-03-03 2023 2025-03-06 01:10:19Z SHANNON HAIR 1008 SOUTH MAIN STREET DANVILLE VA 24541 4358281 0 X N/A X 1982 VA PROVIDING EDUCATIONAL ASSISTANCE TO STUDENTS OF DANVILLE COMMUNITY COLLEGE. 21 21 0 0 0 0 663630 3354933 0 0 134198 925960 -29148 -45225 768680 4235668 816331 630630 0 0 0 0 0 0 105140 325423 402829 1141754 1033459 -373074 3202209 14827579 19428571 74991 69465 14752588 19359106 X THE DCC EDUCATIONAL FOUNDATION WAS ESTABLISHED TO ENHANCE THE ACADEMIC EXCELLENCE OF DANVILLE COMMUNITY COLLEGE AND TO IMPROVE THE COLLEGE'S ABILITY TO SERVE THE CITIZENS OF OUR AREA IN ACCORDANCE WITH THE COLLEGE'S MISSION. OBJECTIVES OF THE FOUNDATION INCLUDE: AWARDING STUDENT SCHOLARSHIPS, PROVIDING PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF, ENSURING THAT INSTRUCTIONAL EQUIPMENT KEEPS PACE WITH TECHNOLOGICAL CHANGES, STRENGTHENING THE ACADEMIC PROGRAMS, AND ENCOURAGING CULTURAL ACTIVITIES. 0 0 338748 338748 DANVILLE COMMUNITY COLLEGE EDUCATIONAL FOUNDATION PROVIDES SCHOLARSHIP FUNDING TO DCC STUDENTS AND GRADUATION SCHOLARSHIPS FOR DCC STUDENTS WHO ATTEND FOUR-YEAR INSTITUTIONS UPON THEIR GRADUATION FROM DCC. 291882 291882 THE DCC EDUCATIONAL FOUNDATION IS ALSO RESPONSIBLE FOR THE PROMOTION OF FACULTY AND STAFF PROFESSIONAL DEVELOPMENT THROUGH FUNDING OPPORTUNITIES AND HAS PROVIDED FUNDING TO STRENGTHEN ACADEMIC PROGRAMS AND ENCOURAGE CULTURAL ACTIVITIES. FUNDING PROVIDED BY THE FOUNDATION HAS BEEN VITAL IN THE CONSTRUCTION OF NEW FACILITIES AND THE PURCHASE OF NEW STATE-OF-THE-ART EQUIPMENT TO KEEP PACE WITH TECHNOLOGICAL CHANGES. 630630 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 35 0 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 VA X THE ORGANIZATION 4347978495 1008 SOUTH MAIN STREET DANVILLE VA 24541 ELIZABETH SPAINHOUR SECRETARY 1.00 X X 0 0 0 BROOKS POWELL III CHAIR 1.00 X X 0 0 0 NAN FREED TREASURER 1.00 X X 0 0 0 PORTIA FITZGERALD DIRECTOR 1.00 X 0 0 0 EDDIE HERNDON JR DIRECTOR 1.00 X 0 0 0 TED HODGES VICE-CHAIR 1.00 X X 0 0 0 SHAHNAZ AHMED DIRECTOR 1.00 X 0 0 0 BOBBYE RAYE WOMACK DIRECTOR 1.00 X 0 0 0 CARLYLE RAMSEY DIRECTOR 1.00 X 0 0 0 CARRIE ASHE DIRECTOR 1.00 X 0 0 0 TERRI HALL DIRECTOR 1.00 X 0 0 0 DEBRA CARLSON DIRECTOR 1.00 X 0 0 0 TOM GROGAN DIRECTOR 1.00 X 0 0 0 VALDIVIA HALL DIRECTOR 1.00 X 0 0 0 JIMMIE TICKLE DIRECTOR 1.00 X 0 0 0 JEAN CAROL VERNON DIRECTOR 1.00 X 0 0 0 JERRY WALLACE DCC PRESIDENT 1.00 X X 0 0 0 RYLAND CLARK DIRECTOR 1.00 X 0 0 0 MATTIE COWAN DIRECTOR 1.00 X 0 0 0 JESSE TATE DIRECTOR 1.00 X 0 0 0 ELIZABETH WARE DIRECTOR 1.00 X 0 0 0 SHANNON L HAIR EXECUTIVE DIRECTOR; DCC VP 40.00 10.00 X 0 121979 45555 0 121979 45555 0 0 1 0 0 296450 3058483 3354933 373747 373747 552213 0 552213 552213 552213 77388 122613 -45225 -45225 4235668 0 0 880735 291882 291882 338748 338748 82520 82520 44499 44499 39118 39118 14412 7206 7206 85756 85756 15273 15273 DEVELOPMENT EXPENSE 40971 40971 MISCELLANEOUS EXPENSE 36665 18820 17845 DUES AND SUBSCRIPTIONS 26462 26462 SHARED SERVICES 17153 17153 1033459 630630 297689 105140 1413889 1660971 13000 26150 29813 68300 11137 11137 0 0 11710666 16087651 978496 869567 681715 715932 14827579 19428571 74991 69465 74991 69465 X 261192 1082501 14491396 18276605 14752588 19359106 14827579 19428571 3202209 1404309 0 X 0 1 X 1 0 X 1590794 662536 1311251 663630 3354933 7583144 145930 157462 170798 175911 184273 834374 1736724 819998 1482049 839541 3539206 8417518 3632480 4785038 204754 185408 186130 248972 373747 1199011 9616529 0.49760 0.65410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10424986 2661144 1750353 523546 82520 14230417 9807697 34698 1048991 398712 67688 10424986 10240990 671539 -760677 271372 72783 9807697 8782689 83568 1812824 373921 64170 10240990 7875967 990120 298563 327620 54341 8782689 0.03980 0.55280 0.40740 0 0 11137 11137 0 0 X 5864343 1404309 184273 1588582 4275761 82520 -122613 -40093 4235668 1257825 184273 122613 306886 950939 82520 82520 1033459 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 100 INDIVIDUAL FUNDS ESTABLISHED PRIMARILY FOR SCHOLARSHIPS INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE FOUNDATION'S BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED IN THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE FOUNDATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2023 AND 2022. MANAGEMENT HAS EVALUATED ALL TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023 AND 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -122,613. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 122,613. GOLF TOURNAMENT 5000 5000 26319 SUDS, SWINE, SIPPING & SONG 72388 72388 96294 77388 77388 122613 122613 -45225 1 DANVILLE COMMUNITY COLLEGE 1008 MAIN STREET DANVILLE VA 24541 541268258 291882 0 SPECIAL PROJECT EXPENSES SCHOLARSHIPS AWARDED TO COMMUNITY COLLEGE STUDENTS 103 338748 PART I, LINE 2: THE COLLEGE REQUESTS A TRANSFER FROM THE FOUNDATION AND PROVIDES SUFFICIENT DOCUMENTATION TO SUPPORT THE REQUEST IN THE CASE OF SPECIAL PROJECTS. THE FOUNDATION REVIEWS THE REQUEST AND MAKES THE APPROPRIATE EXPENDITURE OF FUNDS. SCHOLARSHIPS ARE AWARDED TO STUDENTS OF THE COLLEGE. 0 0 0 0 0 0 0 0 0 SHANNON L HAIR EXECUTIVE DIRECTOR; DCC VP 0 121979 0 0 0 0 0 18583 0 26972 0 167534 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS DETAIL REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE WHO IS AUTHORIZED BY THE FOUNDATION BOARD TO PERFORM SUCH A REVIEW AND APPROVAL. SHANNON HAIR, VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT AND DEVELOPMENT, WILL SIGN THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUESTED TO PROVIDE ANNUALLY IN WRITING TO THE DCCEF EXECUTIVE DIRECTOR A LIST OF OFFICES AND DIRECTORSHIPS HE OR SHE HOLDS IN CHARITABLE AND BUSINESS ORGANIZATIONS AND TO IDENTIFY HIS OR HER PLACE OF EMPLOYMENT OR PRINCIPAL BUSINESS ACTIVITY. IN THE EVENT THE DCCEF IS CONSIDERING A CONTRIBUTION TO, OR THE PROCUREMENT OF SERVICES FROM, AN ENTITY IN WHICH THE BOARD MEMBER SHALL SO INFORM THE BOARD AND REFRAIN FROM VOTING ON THE MATTER. AT THE DISCRETION OF THE CHAIRMAN, THE BOARD MEMBER MY BE EXCUSED FROM BOARD DISCUSSION ON THIS MATTER. THIS PROCEDURE SHALL ALSO BE APPLICABLE TO COMMITTEES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE SECRETARY HAS POSSESSION OF THE DOCUMENTS AND WILL PROVIDE COPIES OF THE DOCUMENTS IF REQUESTS ARE MADE. DANVILLE COMMUNITY COLLEGE 1108 SOUTH MAIN ST DANVILLE VA 24541 541268258 EDUCATION VA 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 DANVILLE COMMUNITY COLLEGE B 338748 DAVNILLE COMMUNITY COLLEGE N 291882 DANVILLE COMMUNITY COLLEGE O 184273