2025-12-19T06:16:57-06:00 2025-08-31 161506673 JOHN S TRUSSALO CPA PC 315 N MAIN ST 200 JAMESTOWN NY 14701 990 2024-09-01 161191893 JAMESTOWN COMMUNITY COLLEGE FOUNDATION INC JAME 7163381010 525 FALCONER STREET JAMESTOWN NY 14701 CARISSA BENTLEY EXECUTIVE DIRECTOR 7163381010 2025-11-26 1 1 JOHN TRUSSALO CPA P00335558 7164872910 2025-11-20 2024 2025-03-06 01:10:19Z CARISSA BENTLEY 525 FALCONER STREET JAMESTOWN NY 14701 7969642 0 X JCCFOUNDATION.COM X 1982 NY TO BENEFIT JAMESTOWN COMMUNITY COLLEGE 20 19 0 0 0 0 1425208 829699 7914 21266 1556382 1112866 273856 294996 3263360 2258827 3489394 1712980 0 0 290059 237017 0 0 18593 223181 174861 4002634 2124858 -739274 133969 28149357 29804544 846284 560843 27303073 29243701 TO BENEFIT JAMESTOWN COMMUNITY COLLEGE IN CARRYING OUT ITS EDUCATIONAL, SCIENTIFIC, CAPITAL AND CULTURAL PROGRAMS. 0 0 1712980 1712980 21266 PROVIDED RESOURCES TO JAMESTOWN COMMUNITY COLLEGE IN CARRYING OUT ITS EDUCATIONAL, SCIENTIFIC, AND CULTURAL PROGRAMS, INCLUDING SCHOLARSHIPS FOR STUDENTS AND CAPITAL EXPENDITURES. 42669 EDUCATION RELATED PROGRAMS INCLUDING PROGRAM DISBURSEMENTS $16,290 AND STUDENT SCHOLARSHIPS AND GRANTS $26,379. 19993 PROGRAM SERVICE SUPPORT TO JAMESTOWN COMMUNITY COLLEGE 1775642 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 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 NY X THE FOUNDATION 7163381010 525 FALCONER STREET JAMESTOWN NY 14701 X WADE WEATHERLOW PRESIDENT 2.00 X X 0 0 0 HADLEY WEINBERG VICE PRESIDENT 1.00 X X 0 0 0 STEVEN SWANSON TREASURER 1.00 X X 0 0 0 TODD ALLEN DIRECTOR 1.00 X 0 0 0 LORIE ANNE CROWELL DIRECTOR 1.00 X 0 0 0 JON DEANGELO DIRECTOR 1.00 X 0 0 0 DANIEL DEMARTE DIRECTOR 1.00 X 0 0 0 OSCAR GAINES JR DIRECTOR 1.00 X 0 0 0 KATIE GEISE DIRECTOR 1.00 X 0 0 0 JAMIE SUE GUSTAFSON DIRECTOR 1.00 X 0 0 0 ANDREA HASKELL DIRECTOR 1.00 X 0 0 0 PAUL HEDIN DIRECTOR 1.00 X 0 0 0 GREGORY JONES DIRECTOR 1.00 X 0 0 0 REBECCA NYSTROM DIRECTOR 1.00 X 0 0 0 ANDREW PASCARELLA DIRECTOR 1.00 X 0 0 0 MATTHEW SCHUTTE DIRECTOR 1.00 X 0 0 0 MARK WARD DIRECTOR 1.00 X 0 0 0 NOAH WEINSTEIN DIRECTOR 1.00 X 0 0 0 JOHN WHELPLEY DIRECTOR 1.00 X 0 0 0 MEME YANETSKO DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 5000 824699 829699 GALA EVENT 611710 21266 21266 21266 559930 559930 450000 179715 270285 270285 270285 6064532 5511596 552936 552936 552936 44215 5000 19504 24711 24711 2258827 21266 0 1407862 1712980 1712980 186413 186413 36343 36343 14261 14261 2800 2800 20365 20365 26694 26694 27520 27520 2093 2093 7484 7484 4251 4251 3465 3465 STUDENT SCHOLARSHIPS 26379 26379 PROGRAM SERVICE SUPPORT 19993 19993 PROGRAM DISBURSEMENTS-E 16290 16290 DEVELOPMENT 11109 11109 6418 6418 2124858 1775642 330623 18593 342748 207729 25000 5000 4249886 3048175 1315078 1201711 26413080 28361681 53451 28423 28149357 29804544 94343 48569 730000 500000 21941 12274 846284 560843 X 4875747 5163757 22427326 24079944 27303073 29243701 28149357 29804544 X 133969 1796992 9667 X X 0 1 X 1 0 X X X 1 JAMESTOWN COMMUNITY COLLEGE 166002650 10 1 1712980 0 1 1712980 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 0 FORM 990 SCHEDULE A,PART IV,SECTION E LINE 2A THE EXCLUSIVE PURPOSE OF THE FOUNDATION IS TO SUPPORT THE CHARITABLE, RELIGIOUS, SCIENTIFIC, AND EDUCATIONAL PURPOSES OF JAMESTOWN COMMUNITY COLLEGE. DURING THE YEAR ENDED AUGUST 31,2025, THE FOUNDATION PROVIDED STUDENT SCHOLARSHIPS, RELATED PROGRAM DISBURSEMENTS AND PROGRAM DEVELOPENT FUNDING TOTALING $1,712,980 TO JAMESTOWN COMMUNITY COLLEGE COMPRISED OF THE FOLLOWING: STUDENT SCHOLARSHIPS $490,942; RELATED COLLEGE PROGRAM DISBURSEMENTS $972,038; SPECIAL COLLEGE USE INITIATIVE $250,000. ALL DISBURSEMENTS WERE FOR THE DIRECT FURTHERANCE OF THE ACTIVITIES OF JAMESTOWN COMMUNITY COLLEGE AND ITS STUDENTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 2000 469791 1 1 23475392 854410 2723150 517321 963264 350760 25221607 22124086 1464969 3524432 503959 2845546 288590 23475392 21252519 763561 2071076 539293 1159639 264138 22124086 23716388 2798959 -3276878 446285 1274051 265614 21252519 18250662 1665606 4816540 578788 191443 246189 23716388 0 0 100000 100000 3881437 2840208 1041229 234264 34185 207967 60482 1201711 FAIR VALUE OF DERIVATIVE INSTRUMENT 12274 12274 X 4038792 1796992 9667 1806659 2232133 26694 26694 2258827 2098164 0 2098164 26694 26694 2124858 PART V, LINE 4: ENDOWMNENT NET ASSETS WILL BE UTILIZED TO BENEFIT THE EDUCATIONAL PROGRAMS AND CAPITAL PROJECTS OF JAMESTOWN COMMUNITY COLLEGE. PART X, LINE 2: THE FOUNDATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDED AUGUST 31, 2025, 2024, AND 2023 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON DERIVATIVE INSTRUMENT 9,667. GOLF OUTING, JAMESTOWN, NY 21445 5000 16445 5091 GOLF OUTING, OLEAN, NY 27770 27770 14413 49215 5000 44215 19504 19504 24711 1 JAMESTOWN COMMUNITY COLLEGE 525 FALCONER STREET JAMESTOWN NY 14701 166002650 501(C)(3) 1712980 0 CASH STUDENT SCHOLARSHIPS $490,942; SPECIAL USE INITIATIVE $250,000 PROGRAM DISBURSEMENTS $972,038 PART I, LINE 2: SCHOLARSHIPS AND OTHER FINANCIAL AID TO STUDENTS THAT MEET THE CRITERIA AND RESTRICTIONS SET FORTH BY THE DONOR ARE MONITORED BY THE FINANCIAL AID OFFICE OF JAMESTOWN COMMUNITY COLLEGE. OTHER PROGRAM DISBURSEMENTS MADE TO JAMESTOWN COMMUNITY COLLEGE ARE APPROVED BY THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS OF THE FOUNDATION. A CHAUTAUQUA COUNTY IDA 521285016 2007-06-22 3345000 REFINANCE DEBT 0 0 0 A 2845000 3345000 127952 3345000 2007 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S BOARD OF DIRECTORS FORMALLY AUTHORIZED THE AUDIT COMMITTEE TO REVIEW THE FORM 990 AND RELATED SCHEDULES WITH THE CPA THAT PREPARED THE FORM AND TO APPROVE FILING. FORM 990, PART VI, SECTION B, LINE 12C POTENTIAL CONFLICTS ARE IDENTIFIED AND COMMUNICATED TO MANAGEMENT. THE BOARD OF DIRECTORS AND MANAGEMENT MONITORS AND REVIEWS THESE POTENTIAL CONFLICTS ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 15 SALARIES AND FRINGE BENEFITS ARE PAID BY JAMESTOWN COMMUNITY COLLEGE AND ARE ALLOCATED TO THE FOUNDATION BASED UPON EMPLOYEE TIME COMMITTMENTS TO THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON DERIVATIVE INSTRUMENT 9,667. FORM 990, PART XII, LINE 2C THE FOUNDATION MAINTAINS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE ANNUAL AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR. THE OVERSIGHT PROCESS AND SELECTION OF THE INDEPENDENT AUDITOR DID NOT CHANGE DURING THE CURRENT YEAR.