2026-02-13T07:59:11-06:00 2025-06-30 060903326 WHITTLESEY PC 14 BOBALA RD HOLYOKE MA 01040 990 2024-07-01 237181691 HOLYOKE COMMUNITY COLLEGE FOUNDATIONINC HOLY 4135522747 303 HOMESTEAD AVENUE HOLYOKE MA 01040 AMANDA SBRISCIA EXECUTIVE DIRECTOR 4135522747 2026-02-12 1 0 LISA WILLS P01828548 4135363970 2024 2025-03-06 01:10:19Z AMANDA SBRISCIA 303 HOMESTEAD AVENUE HOLYOKE MA 01040 8512874 0 X WWW.HCC.EDU/FOUNDATION X 1968 MA TO PROVIDE SUPPORT FOR PROGRAMS AND ACTIVITIES WHICH ENHANCE THE QUALITY OF EDUCATION AND EXPAND THE EDUCATIONAL OPPORTUNITIES FOR STUDENTS AT HOLYOKE COMMUNITY COLLEGE. 32 32 0 0 0 0 1696341 599973 0 0 524668 2116745 167878 162963 2388887 2879681 6161921 5402228 0 0 0 0 0 0 14253 760902 822219 6922823 6224447 -4533936 -3344766 25580113 21850041 1753128 1841558 23826985 20008483 X SEE SCHEDULE OTHE HOLYOKE COMMUNITY COLLEGE (HCC) FOUNDATION EXISTS TO SUPPORT AND PROMOTE THE MISSION OF HOLYOKE COMMUNITY COLLEGE. THE PURPOSE OF THE FOUNDATION IS TO SECURE, INVEST AND STEWARD FINANCIAL AND OTHER RESOURCES TO ENHANCE THE QUALITY OF EDUCATION AND EXPAND EDUCATIONAL OPPORTUNITIES FOR HOLYOKE COMMUNITY COLLEGE STUDENTS. AS A CHARITABLE CORPORATION ORGANIZED UNDER THE LAWS OF THE COMMONWEALTH OF MASSACHUSETTS, THE HCC FOUNDATION IS FISCALLY AND LEGALLY SEPARATE FROM THE COLLEGE AND PROVIDES A PERPETUAL TRUSTEESHIP FOR FUNDS DONATED BY INDIVIDUALS AND ORGANIZATIONS TO SUPPORT PROGRAMS AND ACTIVITIES THAT BENEFIT THE COLLEGE AND ITS STUDENTS. THE HCC FOUNDATION BOARD OF DIRECTORS IS GUIDED BY THE FOLLOWING PRINCIPLES EQUALLY: STUDENT SUCCESS, RELATIONSHIPS, EXCELLENCE AND INNOVATION, STEWARDSHIP, AND DIVERSITY AND RESPECT. IN SHORT, THE HCC FOUNDATION MISSION IS: "SUPPORT. INVEST. MAKE POSSIBLE." 0 0 6016092 5402228 2279708 SEE SCHEDULE OTHE HOLYOKE COMMUNITY COLLEGE (HCC) FOUNDATION PROVIDES SUPPORT TO THE COLLEGE IN THREE BROAD AREAS: SCHOLARSHIP SUPPORT FROM ENDOWED SCHOLARSHIP FUNDS; EMERGENCY SUPPORT FOR STUDENTS FACING UNFORESEEN EMERGENCIES; AND DIRECT SUPPORT OF THE COLLEGE'S PROGRAMS, FACILITIES, AND STRATEGIC PRIORITIES. BEYOND SCHOLARSHIP AWARDS AND SUPPORT THROUGH THE PRESIDENT'S STUDENT EMERGENCY FUND, THE HCC FOUNDATION PROVIDED FINANCIAL SUPPORT FOR THE MARIEB ADULT LEARNER SUCCESS CENTER, ITSY BITSY CHILD WATCH, THE THRIVE STUDENT RESOURCE CENTER AND FOOD PANTRY, STUDENT TRAVEL OPPORTUNITIES, AND VARIOUS ACADEMIC PROGRAMS. ADDITIONALLY, THE FOUNDATION CONTINUES TO INVEST IN THE SCHOLARSHIP RESOURCE CENTER, THE ONLY SPACE OF ITS KIND AMONG MASSACHUSETTS COMMUNITY COLLEGES, WHICH OFFERS STUDENT ENGAGEMENT OPPORTUNITIES REGARDING PHILANTHROPY. THE FOUNDATION PRIORITIZES MEANINGFUL DONOR RELATIONS EFFORTS, INCLUDING ITS INNOVATIVE 60 SECONDS OF CHANGE NEWSCAST HIGHLIGHTING PHILANTHROPIC IMPACT, AS WELL AS ITS ANNUAL TASTE OF GRATITUDE AND SCHOLARSHIP DONOR RECEPTION. 6016092 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X AMANDA SBRISCIA 4135522747 303 HOMESTEAD AVE HOLYOKE MA 01040 X JASARAH BURGOS DIRECTOR 2.00 X 0 0 0 STEVEN CLEMENT DIRECTOR 2.00 X 0 0 0 KATE DOUGLAS DIRECTOR 2.00 X 0 0 0 LUINDY ESPINAL DIRECTOR 2.00 X 0 0 0 KIP FOLEY DIRECTOR 2.00 X 0 0 0 WENDY FOX DIRECTOR 2.00 X 0 0 0 JOSHUA GARCIA DIRECTOR 2.00 X 0 0 0 MAURA GREANEY DIRECTOR 2.00 X 0 0 0 TED HEBERT DIRECTOR 2.00 X 0 0 0 SINA HOLLOMAN DIRECTOR 2.00 X 0 0 0 MARY KAEDING DIRECTOR 2.00 X 0 0 0 MICHAEL LYNCH DIRECTOR 2.00 X 0 0 0 ALAINA MACAULAY DIRECTOR 2.00 X 0 0 0 JOHNNIE MCKNIGHT DIRECTOR 2.00 X 0 0 0 MATT MCMAHON DIRECTOR 2.00 X 0 0 0 COREY MURPHY DIRECTOR 2.00 X 0 0 0 EVAN PLOTKIN DIRECTOR 2.00 X 0 0 0 RYAN REGE DIRECTOR 2.00 X 0 0 0 ISRAEL RIVERA DIRECTOR 2.00 X 0 0 0 GARY ROME DIRECTOR 2.00 X 0 0 0 AMANDA SBRISCIA DIRECTOR 2.00 X 0 0 150781 JIM SHEVLIN DIRECTOR 2.00 X 0 0 0 CAMILLE THERIAQUE DIRECTOR 2.00 X 0 0 0 BOB CESTOLA CPA DIRECTOR 2.00 X 0 0 0 MATT MANGANELLI DIRECTOR 2.00 X 0 0 0 DEBORAH RODRIGUEZ DIRECTOR 2.00 X 0 0 0 GEORGE TIMMONS DIRECTOR 2.00 X 0 0 0 SUSAN GOLDSMITH CHAIR 2.00 X 0 0 0 LYNN STARR VICE CHAIR 2.00 X 0 0 0 TIFFANY MADRU SECRETARY 2.00 X 0 0 0 DEANA L MCPHERSON TREASURER 2.00 X 0 0 0 MICHAEL ROUNDY VICE TREASURER 2.00 X 0 0 0 0 0 150781 0 0 0 0 0 599973 599973 452944 452944 496887 333924 162963 162963 162963 6963070 5299269 1663801 1663801 1663801 2879681 2279708 0 0 5171039 5171039 231189 231189 33700 33700 91902 91902 30271 8330 7688 14253 60812 60812 11998 11998 3079 3079 580258 580258 10199 10199 6224447 6016092 194102 14253 184856 590406 4004500 46610 49701 58244 6132444 4398947 2313755 1733497 18269433 18935521 757868 485763 25580113 21850041 360277 888776 611570 445107 781281 507675 1753128 1841558 X 3905749 3986052 19921236 16022431 23826985 20008483 25580113 21850041 -3344766 -473736 0 X X 0 1 X 1 0 X 598074 784351 8500758 1696341 599973 12179497 598074 784351 8500758 1696341 599973 12179497 12179497 284590 425210 422535 620523 452944 2205802 3735 -589 3146 14388445 0.84650 0.85710 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS-NET PROCEEDS - 2020 AMOUNT: $ 3,735. 2021 AMOUNT: $ -589. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 16707838 119035 1427085 4464851 13789107 14204198 926673 1967809 390842 16707838 13105512 97417 1249450 248181 14204198 15210137 169555 -1871603 402577 13105512 11788423 425044 3021330 24660 15210137 0.63000 0.37000 1 0 100754 100754 5529359 4141502 1387857 502331 257445 244886 1733497 OPERATING LEASE LIABILITY 507675 507675 2767429 -473736 119462 333924 -20350 2787779 91902 91902 2879681 6585931 119462 333924 453386 6132545 91902 91902 6224447 PART III, LINE 4: A COLLECTION OF ART, WHICH WAS ACQUIRED THROUGH PURCHASE AND CONTRIBUTIONS SINCE THE FOUNDATION'S INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF ART FOR THE COLLECTION ARE RECORDED AS A DECREASE IN THE APPROPRIATE NET ASSET CLASS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES, IF ANY, ARE USED FOR DIRECT CARE OF THE EXISTING COLLECTION. DIRECT CARE INCLUDES COSTS TO MAINTAIN THE CONDITION AND QUALITY OF THE ITEMS IN THE COLLECTION. PART V, LINE 4: THE ORGANIZATION INTENDS TO USE THE ENDOWMENT FUNDS TO FULFILL ITS PURPOSE, WHICH IS TO PROVIDE SUPPORT FOR PROGRAMS AND ACTIVITIES WHICH ENHANCE THE QUALITY OF EDUCATION AND EXPAND THE EDUCATIONAL OPPORTUNITIES FOR STUDENTS ENROLLED AT HOLYOKE COMMUNITY COLLEGE. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 333,924. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 333,924. 1 HOLYOKE COMMUNITY COLLEGE 303 HOMESTEAD AVENUE HOLYOKE MA 01040 042719849 0 5171039 FMV DIRECT SUPPORT OF THE COLLEGE VARIOUS SCHOLARSHIPS AND AWARDS GRANTED 67 231189 FMV PART I, LINE 2: PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS: SCHOLARSHIP REQUESTS ARE FIRST PRESCREENED BY A SOFTWARE PACKAGE BASED ON THE SPECIFIC TERMS OF EACH SCHOLARSHIP FUND AND INFORMATION IN THE INDIVIDUAL'S APPLICATION TO DETERMINE WHICH SCHOLARSHIP(S) ARE AVAILABLE TO THE INDIVIDUAL. THE SCHOLARSHIP COMMITTEE THEN MAKES THE FINAL DETERMINATION OF SCHOLARSHIP AWARDS BASED ON THE TERMS OF EACH SCHOLARSHIP FUND AND INFORMATION PROVIDED BY THE APPLICANTS. GRANTS DIRECTLY TO HOLYOKE COMMUNITY COLLEGE ARE APPROVED EACH YEAR BY VOTE OF THE BOARD OF DIRECTORS BASED ON REQUESTS MADE BY THE COLLEGE. HOLYOKE COMMUNTY COLLEGE FOUNDATION TO SUPPORT COLLEGE 231189 SCHOLARSHIPS AND OTHER SUPPORT 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS WITH THE ANNUAL AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE DIRECTOR MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ON-GOING BASIS THROUGHOUT THE YEAR. THE ORGANIZATION DISCLOSES ANY RELATED PARTY TRANSACTIONS IN THE ANNUAL FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST OF THE INTERESTED PARTY. HOLYOKE COMMUNITY COLLEGE 303 HOMESTEAD AVENUE HOLYOKE MA 01040 042719849 EDUCATION MA 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 HOLYOKE COMMUNITY COLLEGE O 119462 COST