2026-02-24T12:16:48-06:00 2025-06-30 393647910 WIPFLI ADVISORY LLC 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2024-07-01 366135387 SAUK VALLEY COLLEGE FOUNDATION SAUK 8152885511 173 IL ROUTE 2 DIXON IL 61021 LORI CORTEZ VICE PRESIDENT ADVANCEMENT 8152885511 2026-01-19 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2026-01-12 2024 2025-03-06 01:10:19Z LORI CORTEZ 173 IL ROUTE 2 DIXON IL 61021 3476698 0 X WWW.SVCC.EDU/FOUNDATION X 1965 IL TO SUPPORT SAUK VALLEY COMMUNITY COLLEGE, ITS PROGRAMS AND ITS STUDENTS 12 12 0 100 0 0 1152495 600113 0 0 768594 247644 -43029 -3965 1878060 843792 249568 270009 0 0 0 0 0 0 93068 205713 259049 455281 529058 1422779 314734 12226299 13333519 116347 100264 12109952 13233255 THE SAUK VALLEY COLLEGE FOUNDATION MISSION IS TO SUPPORT SAUK VALLEY COMMUNITY COLLEGE, ITS PROGRAMS AND ITS STUDENTS. 0 0 264398 264398 0 THE SCHOLARSHIP PROGRAM INCLUDES APPROXIMATELY 210 SCHOLARSHIPS TOTALING APPROXIMATELY $192,241 PLUS AWARDS OF $72,157. 5611 5611 0 TO SUPPORT THE SAUK VALLEY COMMUNITY COLLEGE ACADEMIC PROGRAMS. 270009 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X X LORI CORTEZ 8158356345 173 IL ROUTE 2 DIXON IL 61021 X X MICHAEL CLARK PRESIDENT 1.00 X X 0 0 0 WILLIAM WESCOTT PRESIDENT (TERMED 1/2025) 1.00 X X 0 0 0 LAURA OQUENDO VICE PRESIDENT 1.00 X X 0 0 0 SUZANNE RAVLIN TREASURER 1.00 X X 0 0 0 DAVE ABELE SECRETARY 1.00 X X 0 0 0 MICHAEL BRISCOE DIRECTOR 1.00 X 0 0 0 MARCIA JONES DIRECTOR 1.00 X 0 0 0 NICOLE JONES DIRECTOR 1.00 X 0 0 0 KELLY MANDRELL DIRECTOR 1.00 X 0 0 0 ANGELA RIVERA DIRECTOR 1.00 X 0 0 0 LAUREN ROTH DIRECTOR 1.00 X 0 0 0 ROBERT SONDGEROTH DIRECTOR 1.00 X 0 0 0 JOHN THOMPSON DIRECTOR 1.00 X 0 0 0 LORI CORTEZ VP ADVANCEMENT/FOUNDATION 30.00 X 0 0 0 0 0 0 0 0 0 0 0 46871 126400 426842 5611 600113 147644 147644 2686175 2586175 100000 100000 100000 42766 46871 46731 -3965 -3965 843792 0 0 243679 5611 5611 264398 264398 17350 17350 20541 20541 32166 32166 31759 1273 30486 4127 4127 281 281 15472 11371 4101 MAINTENANCE AND SUPPORT 78872 78872 CAMPAIGN EXPENSES 58481 58481 529058 270009 165981 93068 4225641 3490729 328992 240006 18826 18248 9198 2866 7643642 9581670 12226299 13333519 21507 94840 100264 116347 100264 X 807971 656108 11301981 12577147 12109952 13233255 12226299 13333519 314734 808569 0 X 0 1 X 1 0 X 1714506 2808315 1160878 1152495 600113 7436307 297586 291578 240676 349601 310681 1490122 2012092 3099893 1401554 1502096 910794 8926429 1325591 7600838 8627 3513 46414 135804 147644 342002 9268431 0.82010 0.79780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10280486 652519 1031160 263500 11700665 8225618 970330 1256934 172396 10280486 6689266 1008650 830132 302430 8225618 5513555 2349593 -990778 183104 6689266 3752668 1073826 854868 163199 4608 5513555 0.00000 0.72640 0.27360 0 0 0 ASSETS HELD FOR OTHERS 100264 100264 X 1989232 808569 310681 1119250 869982 20541 -46731 -26190 843792 865929 310681 46731 357412 508517 20541 20541 529058 PART V, LINE 4: THE ENDOWMENT FUNDS ARE PRIMARILY MAINTAINED TO FUND STUDENT SCHOLARSHIPS AND AWARDS. PART X, LINE 2: THE FOUNDATION ASSESSES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OR THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THE TAX POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECORDED NO ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE -46,731. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 46,731. CHOCOLATE RENDEZVOUS 80296 43661 36635 35728 4800 2985 YOGI COX GOLF 4920 3210 1710 509 1950 759 2 4421 4421 89637 46871 42766 509 37678 4800 3744 46731 -3965 1 SAUK VALLEY COMMUNITY COLLEGE 173 IL RT 2 DIXON IL 61021 362588599 GOV 0 5611 FMV POLICE VEHICLE, WELDING METAL, BIOLOGY COURSE SUPPLIES ACADEMIC PROGRAMS 1 0 SCHOLARSHIPS 225 264398 PART I, LINE 2: STUDENTS MUST APPLY FOR SCHOLARSHIPS THROUGH AWARDSPRING SOFTWARE WITHIN THE TIME PARAMETERS SET FOR EACH SEMESTER (I.E. JULY 1-AUGUST 31 FOR FALL). AFTER THE DEADLINE DATE, THE APPLICATIONS ARE REVIEWED BY MEMBERS OF THE COLLEGE STAFF (NOT JUST THE FOUNDATION) TO SEE IF THE STUDENT MEETS THE QUALIFICATIONS TO RECEIVE A SCHOLARSHIP. THE STEWARDSHIP COORDINATOR THEN TAKES THOSE REVIEWS AND BASED ON THE NUMBER OF SCHOLARSHIPS AVAILABLE, AWARDS THOSE STUDENTS WHO MET THE QUALIFICATIONS BEST TO RECEIVE A SCHOLARSHIP. DURING THIS PROCESS, THE STEWARDSHIP COORDINATOR WORKS CLOSELY WITH FINANCIAL AID AND THE BUSINESS OFFICE TO ENSURE THAT THE STUDENT IS REGISTERED FOR AND ATTENDING CLASSES; IF THEY ARE RECEIVING FINANCIAL AID FUNDS, AS WELL AS THEIR ACADEMIC STANDING. THE STEWARDSHIP COORDINATOR THEN AWARDS THE SCHOLARSHIPS AFTER ALL VERIFICATIONS HAVE BEEN MADE. WE MONITOR THE FUNDS THROUGH RECEIPT OF MONTHLY INVOICES FOR STUDENT SCHOLARSHIPS FROM THE BUSINESS OFFICE. THESE INVOICES PROVIDE A FINAL CHECK ON THE STATUS OF THE STUDENTS WHO RECEIVED SCHOLARSHIPS. THE STEWARDSHIP COORDINATOR REVIEWS THESE INVOICES FOR ACCURACY, ENSURING THE AMOUNT AWARDED IS THE SAME AS THE AMOUNT BEING BILLED; ADJUSTING OUR RECORDS IF A STUDENT DROPS CLASSES OR STOPS ATTENDING ALL TOGETHER. SHE DOUBLE CHECKS THE STUDENT AWARDS WITH THE BUSINESS OFFICE AND FINANCIAL AID TO ENSURE THAT THE INVOICE AMOUNTS ARE CORRECT BEFORE ANY PAYMENT IS MADE. SHOULD A STUDENT NO LONGER BE ELIGIBLE FOR A SCHOLARSHIP AFTER A PAYMENT HAS BEEN MADE, THE BUSINESS OFFICE KEEPS TRACK OF THIS INFORMATION, INFORMS THE STEWARDSHIP COORDINATOR AND, AT THE END OF THE SEMESTER, RETURNS ANY UNUSED FUNDS TO THE FOUNDATION BY AN ACH DEPOSIT. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO ALL BOARD MEMBERS UPON REQUEST PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A DISCLOSURE FORM LISTING POTENTIAL CONFLICTS. THIS IS REVIEWED ANNUALLY. IF A CONFLICT EXISTS, THE BOARD MEMBER DOES NOT PARTICIPATE IN THE DECISION PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST DURING NORMAL OPERATING HOURS AND ON THE FOUNDATION WEBSITE. FORM 990, PART VII, LINE 1: THE FOUNDATION IS CLOSELY CONNECTED WITH THE SAUK VALLEY COMMUNITY COLLEGE BOTH OPERATIONALLY AND FINANCIALLY. THE COLLEGE PROVIDES FOR OFFICE SPACE AND SUPPORT SERVICES WHICH INCLUDES THE TIME OF THE FOUNDATION DIRECTOR WHO IS ALSO THE VP OF ADVANCEMENT FOR THE COLLEGE. THESE ARE IN-KIND SERVICES TO THE FOUNDATION.