2024-05-08T12:35:57-04:00 2023-06-30 Connie Christiansen CPA PO Box 33875 Reno NV 89533 990 2022-07-01 880185319 TRUCKEE MEADOWS COMMUNITY COLLEGE FOUNDATION TRUC 7000 DANDINI BLVD RDMT 200-I Reno NV 895123999 Gretchen Sawyer Executive Direc 7756747586 2024-05-06 true Gretchen Sawyer Connie Christiansen P00398106 7754134084 2024-05-08 X 0 11 AAL2 IAL1 2022 2023-04-26 12:10:37Z 2420034 false X www.tmcc.edu/foundation X 1982 NV THE FOUNDATION SUPPORTS TMCC BY CULTIVATING RELATIONSHIPS WITH ALUMNI, DONORS, AND BUSINESSES TO GENERATE FINANCIAL SUPPORT FOR COLLEGE PROGRAMS AND STUDENT SCHOLARSHIPS, BUILD SUSTAINING ENDOWMENT FUNDS, AND LEAD CAPITAL EXPANSION TO DEVELOP A THRIVING STATE-OF-THE-ART CAMPUS. 11 11 0 0 0 6251727 2280318 0 24804 139716 0 6276531 2420034 3223378 2990512 0 0 0 49661 367666 138398 3591044 3128910 2685487 -708876 7710743 7352264 544467 564709 7166276 6787555 THE FOUNDATION SUPPORTS TMCC BY CULTIVATING RELATIONSHIPS WITH ALUMNI, DONORS, AND BUSINESSES TO GENERATE FINANCIAL SUPPORT FOR COLLEGE PROGRAMS AND STUDENT SCHOLARSHIPS, BUILD SUSTAINING ENDOWMENT FUNDS, AND LEAD CAPITAL EXPANSION TO DEVELOP A THRIVING STATE-OF-THE-ART CAMPUS. false false 1888619 1888619 THE FOUNDATION PROVIDED SUPPORT TO TMCC FOR SPECIALIZED PROGRAMS AND CAPITAL CAMPAIGNS TO SUPPORT A DIVERSIFIED CURRICULUM AND PROVIDE STUDENTS WITH TECHNICAL CERTIFICATIONS TO IMPROVE ACCESS TO EMPLOYMENT. MAJOR PROGRAM ACCOMPLISHMENTS DURING THE YEAR INCLUDE RENOVATIONS TO THE WILLIAM N. PENNINGTON HEALTH SCIENCE CENTER TO EXPAND PROGRAMS FOR NURSING, RADIOLOGIC TECHNOLOGY, AND PARAMEDIC/EMT SERVICES. THE FOUNDATION ALSO RECEIVED FUNDING TO ENHANCE SERVICES TO THE COLLEGES VETERAN STUDENTS. 1101893 1101893 THE FOUNDATION INCREASED THE ENDOWMENT FUNDS THAT PROVIDE ON-GOING SUPPORT FOR SCHOLARSHIPS AND FUNDED SCHOLARSHIPS AWARDED TO 636 STUDENTS FOR THE 2022/2023 ACADEMIC YEAR. 2990512 true true false true false false false false true false false false false true false true true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 4 0 true 0 false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true false false false X THE ORGANIZATION 7756747648 7000 DANDINI BLVD RDMT 200-I Reno NV 89512 GRETCHEN SAWYER EXECUTIVE DIRECTOR 20.00 20.00 X 0 151972 51063 DAN LOFRESE BOARD MEMBER 2.00 0.00 X 0 0 0 ALAN OLIVE BOARD MEMBER 2.00 0.00 X 0 0 0 FRED ALTMANN BOARD MEMBER 2.00 0.00 X 0 0 0 RYAN COSTELLA BOARD MEMBER 2.00 0.00 X 0 0 0 JEFF FRAME BOARD MEMBER 2.00 0.00 X 0 0 0 JESSE MURRAY IMMEDIATE PAST PRESIDENT 2.00 0.00 X 0 0 0 KATY SIMON HOLLAND BOARD MEMBER 2.00 0.00 X 0 0 0 GIGI CHISEL BOARD MEMBER 2.00 0.00 X 0 0 0 MINDY LOKSHIN CHAIR 3.00 0.00 X X 0 0 0 YANUS NELSON VICE CHAIR 3.00 0.00 X X 0 0 0 MATT THORNTON TREASURER 3.00 0.00 X X 0 0 0 0 151972 51063 0 false true false 133455 2146863 26905 2280318 139716 139716 2420034 0 0 139716 2990512 2990512 26100 26100 13532 13532 2177 176 2001 29093 29093 Staffing support 39673 19836 19837 Host expenses & sponsorships 17823 17823 Bad debt and other expenses 10000 10000 3128910 2990512 88737 49661 133853 23317 6120533 5174943 730604 1081300 52589 33000 1500 630313 960469 42851 77735 7710743 7352264 501616 486974 42851 77735 544467 564709 X 704521 841116 6461755 5946439 7166276 6787555 7710743 7352264 -708876 330155 0 X X false true X true false X X 1 Truckee Meadows Community Coll 886000024 2 true 2789878 26905 1 2789878 26905 true false false false false false false false false false false false false false false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3397020 3397020 319851 79963 342995 256733 329552 319851 1249131 1873697 85749 64183 82388 79963 312283 468425 635369 330156 965525 688454 -53085 635369 578339 110115 688454 553290 25049 578339 477142 76148 553290 0.99000 0.01000 false false DUE FROM ENDOWMENT FUNDS 77735 77735 DUE TO RESTRICTED FUND 77735 77735 3018300 330156 268110 598266 2420034 2420034 3397020 268110 268110 3128910 3128910 true Truckee Meadows Community College 7000 Dandini Blvd Reno NV 89512 886000024 1151 928164 Scholarships Truckee Meadows Community College 7000 Dandini Blvd Reno NV 89512 886000024 1151 1861714 26905 Fair market value and appraisals Equipment to support College programs Specialized programs and faculty grants 1 Monitoring procedures (Part I, line 2) THE FOUNDATION DOES NOT PROVIDE GRANTS, BUT DOES PROVIDES FUNDS TO TRUCKEE MEADOWS COMMUNITY COLLEGE TO FUND SCHOLARSHIPS AND SPECIALIZED EDUCATIONAL PROGRAMS. THE COLLEGE MANAGES ALL SCHOLARSHIP AWARDS, APPLICATIONS, AND ELIGIBILITY REQUIREMENTS. THE FOUNDATION TRANSFERS FUNDS TO THE COLLEGE BASED ON APPROVED SCHOLARSHIP AWARDS OR TO FUND SPECIALIZED PROGRAMS BASED UPON DONOR RESTRICTIONS. ALL REQUESTS FOR FUNDS ARE REVIEWED AND APPROVED BY THE SCHOLARSHIP MANAGER AND EXECUTIVE DIRECTOR. false false false false false false GRETCHEN SAWYER EXECUTIVE DIRECTOR 151972 51063 203035 X Educational Supplies 13 26905 Fair market value false true false Form 990 governing body review Part VI line 11 A COPY OF THE RETURN IS PROVIDED TO MANAGEMENT AND THE BOARD OF DIRECTORS OF TRUCKEE MEADOWS COMMUNITY COLLEGE FOUNDATION (FOUNDATION) FOR REVIEW EACH YEAR. Conflict of interest policy compliance Part VI line 12c BOARD MEMBERS HAVE A DUTY TO EXEMPT THEMSELVES FROM VOTING ON MATTERS WHERE THEY HAVE, OR MAY BE PERCEIVED AS HAVING, A CONFLICT OF INTEREST. SUCH EXEMPTIONS ARE RECORDED IN THE MEETING MINUTES. ANY BUSINESS RELATIONSHIP BETWEEN AN INDIVIDUAL (OR A COMPANY WHERE THE INDIVIDUAL IS AN OWNER OR PRINCIPAL) AND THE FOUNDATION, OUTSIDE OF OF THEIR RELATIONSHIP AS A BOARD MEMBER IS FORMALIZED IN WRITING AND APPROVED BY THE BOARD.THE FOUNDATION INVESTS FUNDS IN TWO NATIONAL FINANCIAL INSTITUTIONS IN WHICH CERTAIN BOARD MEMBERS ARE EMPLOYED. THE BOARD MEMBERS DO NOT RECEIVE ANY COMMISSIONS FROM THESE INVESTMENTS AND ABSTAIN FROM ANY VOTES RELATED TO INVESTMENT DECISIONS. Other officer or key employee compensation Part VI line 15b ALL FOUNDATION STAFF ARE EMPLOYED AND PAID BY TRUCKEE MEADOWS COMMUNITY COLLEGE. ACCORDINGLY, THE FOUNDATION DOES NOT DETERMINE COMPENSATION. Form 990 availability to public Part VI line 18 THE FOUNDATIONS FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST AND IS ALSO PUBLISHED ONLINE AT WWW.GUIDESTAR.ORG Governing documents etc available to public Part VI line 19 THE FOUNDATION MAKES INTS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATIONS BYLAWS AND BOARD MEETING MINUTES ARE AVAILABLE ON ITS WEBSITE. Audited by an independent accountant Part XII line 2b THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE ANNUAL FINANCIAL STATEMENT AUDIT. THERE HAS BEEN NO CHANGE IN THE PROCESSES FOR SELECTING THE INDEPENDENT AUDITORS AND APPROVING THE AUDIT REPORT. Truckee Meadows Community College 7000 Dandini Blvd Reno NV 89512 886000024 Community College NV 1151 Nevada System of Higher Education false Nevada System of Higher Education 4300 S Maryland Pkwy Las Vegas NV 89119 886000024 Universities and Community College System NV 1151 N/A false false true true false false false false false false false false true false true true true false false false Truckee Meadows Community College b 2816783 Cash and fair value of equipment Nevada System of Higher Education b 173729 Cash invested for endowments Nevada System of Higher Education c 133455 Cash - spending allowance on endowments Truckee Meadows Community College l 2097332 Cash raised on behalf of TMCC Truckee Meadows Community College o 254600 Allocation of actual payroll activities Explanation of information on Schedule R Part V Line 1(b) - Endowment funds are transferred to the Nevada System of Higher Education for investment purposes. All endowment funds are for the benefit of the College. Part V Line 1(l) - The Foundation raises money on behalf of the College, but does not retain any commissions or receive any fees for such services.