Nonprofit · EIN 61-6035281
COLLEGE FOUNDATION INC
Tax-exempt · HENDERSON, KY 42420
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $409,337 | $65,821 | $343,516 | $3,234,192 | $2,187 | $3,232,005 |
| June 30, 2024 | 990 | $552,699 | $205,505 | $347,194 | $2,889,964 | $1,475 | $2,888,489 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $144,963
- Program service revenue
- $0
- Investment income
- $254,839
- Net rental income
- $9,535
- Net gain from sales of assets
- $67,616
- Other revenue
- $9,535
Expenses
- Grants and similar amounts paid
- $46,630
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $13,006
- Program services (functional)
- $46,630
- Management and general (functional)
- $19,191
Balance sheet and other
- Total assets, start of year
- $2,889,964
- Total assets, end of year
- $3,234,192
- Total liabilities, end of year
- $2,187
- Net assets, end of year
- $3,232,005
- Land, buildings and equipment
- $42,000
- Publicly traded securities
- $2,945,061
- Net assets without donor restrictions
- $1,294,160
- Net assets with donor restrictions
- $1,937,845
- Gross receipts
- $409,337
- Employees
- 0
- Volunteers
- 25
- Year formed
- 1957
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE ARNETT | DIRECTOR Trustee or director | 1 | $0 |
| BECKY CARROLL | DIRECTOR Trustee or director | 1 | $0 |
| JINGER CARTER | CHAIR Trustee or director, Officer | 5 | $0 |
| PAM CORNETT | DIRECTOR Trustee or director | 1 | $0 |
| LINDSAY DURBIN | DIRECTOR Trustee or director | 1 | $0 |
| WHITNEY FLOYD | DIRECTOR Trustee or director | 1 | $0 |
| SANDY FREEBURGER | DIRECTOR Trustee or director | 1 | $0 |
| BILL GENTRY | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN HAWKES | DIRECTOR Trustee or director | 1 | $0 |
| BOBBIE JARRETT | DIRECTOR Trustee or director | 1 | $0 |
| CHARLES JOHNSON | VICE-CHAIR Trustee or director, Officer | 2 | $0 |
| TAMIKA JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| COOPER LILLY | SECRETARY/TR Trustee or director, Officer | 2 | $0 |
| BRIAN NEWMAN | DIRECTOR Trustee or director | 1 | $0 |
| MEREDITH POWELL | DIRECTOR Trustee or director | 1 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER PRESTON | EXECUTIVE DI Trustee or director, Officer | 20 | $0 |
| DORIS RAZZANO-MARSHALL | DIRECTOR Trustee or director | 1 | $0 |
| JASON WARREN | DIRECTOR Trustee or director | 1 | $0 |
| SUSIE WATKINS | DIRECTOR Trustee or director | 1 | $0 |
| LINDA WHITE | DIRECTOR Trustee or director | 1 | $0 |
| JUDGE RENE WILLIAMS | SECRETARY/TR Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JINGER CARTER | DIRECTOR Trustee or director | – | $0 |
| WHITNEY FLOYD | DIRECTOR Trustee or director | – | $0 |
| LISA GARRETT | DIRECTOR Trustee or director | – | $0 |
| BILL GENTRY | PRESIDENT Trustee or director, Officer | – | $0 |
| BRIAN HAWKES | DIRECTOR Trustee or director | – | $0 |
| J CHRISTOPHER HOPGOOD | VICE PRESIDE Trustee or director, Officer | – | $0 |
| KIM HUMPHERY | DIRECTOR Trustee or director | – | $0 |
| CHARLES JOHNSON | DIRECTOR Trustee or director | – | $0 |
| TAMIKA JOHNSON | DIRECTOR Trustee or director | – | $0 |
| COOPER LILLY | DIRECTOR Trustee or director | – | $0 |
| LESLIE NEWMAN | DIRECTOR Trustee or director | – | $0 |
| JENNIFER PRESTON | EXECUTIVE DI Trustee or director, Officer | – | $0 |
| JASON WARREN | DIRECTOR Trustee or director | – | $0 |
| SUSIE WATKINS | DIRECTOR Trustee or director | – | $0 |
| LINDA WHITE | DIRECTOR Trustee or director | – | $0 |
| JUDGE RENE WILLIAMS | SECRETARY/TR Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 2260 S GREEN STREET, HENDERSON, KY 42420-0000
- Principal officer (990 for 2024)
- JINGER CARTER
- Signed the 990
- JENNIFER PRESTON, EXECUTIVE DIRECTOR
- Phone
- (270) 831-9805
- Return prepared by
- KEMPER CPA GROUP LLP
Mission
FUNDRAISING ARM FOR HENDERSON COMMUNITY COLLEGE TO PROVIDE SUPPORT AND SCHOLARSHIPS AS NEEDED.
Program accomplishments
- THE COLLEGE FOUNDATION, INC. PROVIDES SUPPORT FOR STUDENT SCHOLARSHIPS AT HENDERSON COMMUNITY COLLEGE. THE FOUNDATION NOW PROVIDES FINANCIAL SUPPORT FOR APPROX. TWENTY SCHOLARSHIP PROGRAMS FOR THE COLLEGE. THE AWARDS RANGE FROM 120 TO 750 PER SEMESTER TO ASSIST IN THE COST OF TUITION AND BOOKS/FEES. ADDITIONAL FINANCIAL SUPPORT WAS PROVIDED TO ASSIST HIGH SCHOOL STUDENTS IN OBTAINING COLLEGE CREDIT THROUGH AP COURSES PROVIDED AT THEIR LOCAL HIGH SCHOOLS. THE FOUNDATION PROVIDES FINANCIAL SUPPORT FOR THE ROTARY COLONELS TO COLLEGE AND BRAVES TO COLLEGE PROGRAMS WHICH PROVIDES SCHOLARSHIPS (ADMINISTERED BY THE COLLEGE) TO ELIGBLE STUDENTS OF HENDERSON AND UNION COUNTIES, RESPECTIVELY, WHO MEET SPECIFIC CRITERIA TO CONTINUE THEIR EDUCATION AT HENDERSON COMMUNITY COLLEGE. FUNDS FOR THESE PROGRAMS ARE REMITTED ANNUALLY TO THE COLLEGE'S COMMON FUND WHERE MATCHING FUNDS ARE AWARDED BY THE STATE OF KENTUCKY.Expenses $16,360 · grants $16,360
- THE COLLEGE FOUNDATION, INC. PROVIDES FINANCIAL SUPPORT TO THE FACULTY AND STAFF OF HENDERSON COMMUNITY COLLEGE TO MAINTAIN QUALITY PROGRAMS, TO PROVIDE FOR STUDENT ACADEMIC ACTIVITIES, AND ASSIST IN PUBLIC RELATIONS, PROFESSIONAL DEVELOPMENT AND RECRUITING. THESE FUNDS ALLOW THE PRESIDENT TO RESPOND TO THE NEEDS AND OPPORTUNITES TO ENHANCE THE EXPERIENCE OF STUDENTS AT THE HENDERSON CAMPUS.Expenses $30,270 · grants $30,270
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 61-6035281
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1957
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $3,234,192
- Income (IRS master file)
- $409,337
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $409,337 | $65,821 | $3,234,192 | XML |
| 990 | June 2024 | $552,699 | $205,505 | $2,889,964 | XML |
| 990 | June 2023 | $399,795 | $145,453 | $2,542,074 | IRS |
| 990 | June 2022 | $271,645 | $636,831 | $2,287,467 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-6035281).
Questions about COLLEGE FOUNDATION INC
- What is the EIN of COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of COLLEGE FOUNDATION INC is 61-6035281.
- Is COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
- Are donations to COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does COLLEGE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COLLEGE FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COLLEGE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names JINGER CARTER.
- Who are the officers and directors of COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
- How much revenue does COLLEGE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $409,337, expenses of $65,821 and total assets of $3,234,192 at year end.
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