2024-05-09T10:40:13+00:00 2023-06-30 350921680 CROWE LLP 575 Market Street Suite 3300 San Francisco CA 941055829 990 2022-07-01 330071349 Orange Coast College Foundation ORAN 7144325834 2701 Fairview Road Costa Mesa CA 92626 Douglas Bennett Executive Director 7144325834 2024-05-09 true Douglas Bennett 999009999 Diane Kirmaci P01578407 4155761100 2022 2023-04-26 12:10:37Z Douglas Bennett 2701 Fairview Road Costa Mesa CA 92626 21664537 false X orangecoastcollege.edu/about/foundation/index.html X 1984 CA To promote and assist the educational programs of Orange Coast College. 24 24 0 24 -727799 0 8686232 7994883 5000 125297 3078377 169511 -1318240 -535206 10451369 7754485 619496 691358 0 335584 265544 0 750 4112277 6059112 5067357 7016014 5384012 738471 45842715 48403938 1183552 963094 44659163 47440844 orange coast college foundation's mission is to develop sources of support for orange coast college to achieve its mission by encouraging gifts of time, treasure and talent from alumni, community members, faculty, staff, corporations, foundations and community organizations that will support scholarships, facilities, college programs and activities. false false 3255393 0 0 provided support to the marine program at orange coast college of sailing and seamanship, one of the nation's largest nonprofit public boating education institutions with a fleet of power and sailboats comprised of donated vessels and those purchases from proceeds of other gifts. 2723655 0 -335289 Provided monetary support to various programs related to the arts, athletics and visual arts. 691358 691358 0 awarded scholarships to approximately 655 students attending Orange Coast Community College. 6670406 true true false false false false false false false true false false false true true true false false false false false false false false false false false true true false false false false false false false false true false false false false true false false false true 27 0 true 0 true true false false false false false false false false false false false false X 24 24 false false false false false false false true true false false false true true true true true false false false CA X X Rachel Kubik 7144325834 2701 Fairview Road Costa Mesa CA 92626 Bill Wood Past Chair 1.0 0 X X 0 0 0 David J Cline Chair 1.0 0 X X 0 0 0 Jeff Hyder Vice Chair 1.0 0 X X 0 0 0 Marc Harper CPA JD Treasurer 1.0 0 X X 0 0 0 Peggy Fort Secretary 1.0 0 X X 0 0 0 A Patrick Munoz Board Member 1.0 0 X 0 0 0 Angelica Suarez PhD Board Member 1.0 0 X 0 0 0 Blade Gillissen Board Member 1.0 0 X 0 0 0 Christina Amaral McDonald Board Member 1.0 0.0 X 0 0 0 David Grant Board Member 1.0 0 X 0 0 0 Eileen Lewis Board Member/OCC Friends of the Library 1.0 0 X 0 0 0 Janet Ronnenberg Board Member 1.0 0 X 0 0 0 Joe Moore Board Member 1.0 0 X 0 0 0 Kat McCarroll Board Member 1.0 0 X 0 0 0 Katie Kissee Fenwick Board Member 1.0 0 X 0 0 0 Lori Ginex-Orinion Board Member 1.0 0 X 0 0 0 Madjid Niroumand EdD Board Member 1.0 0 X 0 0 0 Mark Denny Board Member 1.0 0 X 0 0 0 Mary Lynn Bergman-Rallis Board Member 1.0 0 X 0 0 0 Mason Espinoza Board Member (through 6/30/2023) 1.0 0 X 0 0 0 Michelle Grimes-Hillman Board Member 1.0 0 X 0 0 0 Richard T Pagel EdD Board Member 1.0 0 X 0 0 0 Rush N Hill II Board Member 1.0 0 X 0 0 0 Shana Jenkins Board Member/OCC Alumni & Friends Assoc. 1.0 0 X 0 0 0 Douglas Bennett Executive Director 40.0 0 X 204570 0 72002 204570 0 72002 0 false false true Brad Avery-Yacht Donation Consultants 2406 Holly Lane Newport Beach CA 92663 Yacht Valuations 149840 1 7994883 5225746 7994883 Campus Program Revenue 900099 125297 125297 0 0 0 0 125297 702238 702238 1417030 2144829 0 -727799 -727799 -727799 10010002 1222494 10029324 1735899 -19322 -513405 -532727 -513405 -19322 Management Fees 900099 139774 139774 Honors Program Fees 900099 368 368 Credit Union & ATM Fees 900099 9458 9458 42993 42993 0 0 192593 7754485 -335289 -727799 822690 X 691358 691358 265544 265544 613 613 92567 92567 730923 600809 130114 0 4376 4376 87360 79462 7898 125583 124422 1161 51604 51604 19587 17773 1814 1960977 1960977 3634 3634 Program Expenses 1396543 1371118 24675 750 Equipment 1344700 1344700 Permits,Licenses, Taxes 48076 47651 425 Hospitality 86392 45492 40900 106177 64507 41670 0 7016014 6670406 344858 750 3581693 3619047 1281772 1547082 0 0 5425 5425 0 0 0 0 25000 25000 24296751 9373502 15065805 14923249 25655293 28030463 23098 23756 0 204629 229916 45842715 48403938 29656 158234 710938 262175 0 0 442958 542685 1183552 963094 X 2310288 3979227 42348875 43461617 44659163 47440844 45842715 48403938 X 738471 1960266 82944 X false true X true false X 2326344 5691806 11891391 8685482 7994883 36589906 0 679795 709541 701796 746960 895864 3733956 3006139 6401347 12593187 9432442 8890747 40323862 13724530 26599332 561913 555029 465502 593836 702238 2878518 48932 0 0 0 0 48932 0 151813 166541 101902 139774 560030 43811342 1851983 0.6071 0.6590 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MANAGEMENT FEES, COLUMN A - , COLUMN B - 151813.0, COLUMN C - 166541.0, COLUMN D - 101902.0, COLUMN E - 139774.0, COLUMN F - 560030.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 631645 631645 23665106 9373502 14291604 14923249 Designated Scholarships 542685 542685 X 12663318 1960266 886960 -83222 2764004 9899314 -2144829 -2144829 7754485 9881637 886960 0 886960 8994677 92567 -2071230 -1978663 7016014 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation qualifies as a tax-exempt organization under the Internal Revenue Code Section 501 (c)(3) and California Revenue and Taxation Code 23701d. The Foundation has evaluated its tax positions and the certainty as to whether those positions will be sustained in the event or any audit by taxing authorities at the federal and state levels. The primary tax positions evaluated relate to the Foundation's continued qualification as a tax-exempt organization and whether there are unrelated business income activities that would be taxable. Management has determined that all income tax positions will more likely than not be sustained upon potential audit or examination, therefore, no disclosures of uncertain income tax positions are required. The Foundation is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purposes. The Foundation files and exempt informational return and applicable unrelated business income tax return in the U.S. federal jurisdiction and with the California Franchise Tax Board. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in Value- Split Interest Agreement - 8687 Change in Value of Investments held with FCCC - 658 Investment Expenses - -92567 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Rental Expenses - -2144829 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Rental Expense - -2144829 Commission - 73599 true Scholarships and Grants 655 691358 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. procedures for monitoring the use of grant funds: The Scholarship coordinator is in charge of tracking and monitoring the grants funds to ensure monies are being spent on appropriate scholarships and grants. false false false false false false false false false Douglas Bennett Executive Director 204570 0 0 0 0 0 51642 0 20360 0 276572 0 0 0 Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - DOUGLAS BENNETT, COMPENSATION FROM UNRELATED ORGANIZATION - 276572.000000, NAME OF UNRELATED ORGANIZATION - COAST COMMUNITY COLLEGE DISTRICT, TYPE OF COMPENSATION - EMPLOYEE COMPENSATION X 20 5712800 Other - Fair Value X 2 90765 Other - Fair Value X Materials & Equipment for College Programs 15 17011 Other - Fair Value X Boat and Aircraft Parts and Accessories 30 95065 NONE 12 false true true Schedule M, Part I Column (B) - Number The number reported in column (b) is the number of contributors. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions The organization engaged a third party to provide services related to the donation, improvement, and lease or sale of yachts and marine related equipment. Form 990, Part VI, Line 15 Process to Establish Compensation Line 15a is answered no because Coast Community College District IS THE SOLE MEMBER AND COMMON PAYING AGENT FOR Orange Coast Community College Foundation. THEREFORE THE TOP MANAGEMENT OFFICIALS ARE EMPLOYED AND COMPENSATED BY Coast Community College District (CCCD). Line 15b is answered no in accordance with the IRS Form 990 instructions because salary is paid and determined by a related party, Coast Community College District (CCCD). CCCD is the sole member and officers are employed and paid by CCCD. Form 990, Part VI, Line 1a Delegate broad authority to a committee There shall be an Executive Committee with a membership to be drawn solely from the Board of Directors as follows: chair, and vice chair, President of the College, secretary, treasurer, past chair, chair of the Marine Programs Committee and Executive Director. The Executive Committee shall have the power to act on behalf of the Board of Directors in all matters authorized by the Nonprofit Public Benefit Corporation Law. Form 990, Part VI, Line 11b Review of form 990 by governing body a draft copy of the form 990 and its related schedules are submitted to the executive board for review before filing. Form 990, Part VI, Line 12c Conflict of interest policy ORANGE COAST COLLEGE FOUNDATION (OCCF) REQUIRES ALL EMPLOYEES TO DISCLOSE, AT LEAST ANNUALLY, ALL SOURCES OF INCOME FROM COMPENSATION OR FROM OWNERSHIP OF EVERY OUTSIDE ENTITY THAT (A) SOLD, SUPPLIED OR PROVIDED SERVICES (B) OPERATED A COMPETING ENTERPRISE OR (C) PROVIDED GOODS OR SERVICES TO OCCF IN THE LAST SIX MONTHS OCCF ALSO REQUIRES ALL DIRECTORS TO ANNUALLY SIGN A STATEMENT AFFIRMING (A) RECEIPT OF OCCF CONFLICT OF INTEREST POLICY (B) UNDERSTANDING OF THE POLICY AND (C) AGREEMENT WITH THE POLICY. Possible conflict of interest matters are brought to the Foundation Executive Committee (which includes the President of the college) for discussion and review. If the Conflict of Interest matter can't be resolved via Executive Committee action, outside counsel and advisement are sought as necessary. Form 990, Part VI, Line 18 How forms are made available to the public The Forms 990 and 990-T are available on the organization's website, but the Form 1023 is only available upon request. Form 990, Part VI, Line 19 Required documents available to the public The organizations governing documents, conflict of interest of policy and financial statements are available on the organization's website. The Form 1023 is available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Miscellaneous - Total Revenue: 42993, Related or Exempt Function Revenue: 42993, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part IX, Line 11g Other Fees Contract Services - Total Expense: 412052, Program Service Expense: 355538, Management and General Expenses: 56514, Fundraising Expenses: ; Management Fees - Total Expense: 139771, Program Service Expense: 139771, Management and General Expenses: , Fundraising Expenses: ; Commissions/Broker Fees - Total Expense: 179100, Program Service Expense: 105500, Management and General Expenses: 73600, Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in value of split interest agreements - 8687; Change in value of investments held with fccc - 658; Commission - 73599; CHARITABLE REMAINDER TRUST TRUST CA NA Trust false false false false false false false false false false false false false false false false false false false false