2024-09-05T13:41:49-04:00 2024-06-30 934924205 NORMAN BASS & PARNELL CPAS PLLC PO BOX 87047 FAYETTEVILLE NC 28304 990 2023-07-01 581640133 FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC FAYE 9106788441 PO BOX 35236 FAYETTEVILLE NC 28303 JAY DOWDY CHAIR 9106788441 2024-08-06 true true LARRY L BASS P00126974 9104840145 2024-08-06 2023 2024-08-08 14:25:15Z JAY DOWDY 1280405 false X WWW.FAYTECHCC.EDU/GIVING X 1985 NC TO PROVIDE SUPPORT TO FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE FOR SCHOLARSHIPS, GRANTS, AND CAPITAL ITEMS TO SUPPORT EDUCATION AT FTCC. 25 25 0 15 0 1161023 1066657 0 126854 213748 0 1287877 1280405 0 0 0 0 34940 1260075 1226844 1260075 1226844 27802 53561 6550744 7083949 7727 3373 6543017 7080576 TO PROVIDE SUPPORT TO FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE FOR SCHOLARSHIPS, GRANTS, AND CAPITAL ITEMS TO SUPPORT EDUCATION AT FTCC. false false 1106158 TO PROVIDE SUPPORT TO FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE FOR SCHOLARSHIPS, GRANTS, AND CAPITAL ITEMS TO SUPPORT EDUCATION AND THE STUDENT EXPERIENCE AT FTCC. 1106158 true true false false false false false false false true false false false false false false true false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 0 0 true 0 false false false false true true true true false false false false false false X 25 25 false false false false false false false true true false false false true true true true true true true false X FTCC FOUNDATION 9106788441 PO BOX 35236 FAYETTEVILLE NC 28303 X MARIA ADAMS DIRECTOR X 0 0 0 CAROLYN ARMSTRONG DIRECTOR X 0 0 0 CHRIS BULLARD DIRECTOR X 0 0 0 CHARLES BEN CHAMBERS DIRECTOR X 0 0 0 RICHARD CRAVEN DIRECTOR X 0 0 0 DONNA DAWKINS TREASURER X X 0 0 0 JAY DOWDY CHAIR X X 0 0 0 DICK FOX DIRECTOR X 0 0 0 GERALD GORDNER DIRECTOR X 0 0 0 BILL HEDGEPETH DIRECTOR X 0 0 0 CODY HOPPER DIRECTOR X 0 0 0 BRAD HURLEY DIRECTOR X 0 0 0 WHITAKER GRANNIS III ASSISTANT TR X X 0 0 0 RANI JUNEJA DIRECTOR X 0 0 0 ALEX KEITH DIRECTOR X 0 0 0 DONNA LLOYD DIRECTOR X 0 0 0 SHEEL PATEL DIRECTOR X 0 0 0 TIM PRICE DIRECTOR X 0 0 0 LISA SCALES DIRECTOR X 0 0 0 DIXON SOFFE VICE CHAIR X X 0 0 0 DR MARK SORRELLS FTCC PRESIDE X 0 0 0 JAMIE HARRELL TERRACCIANO DIRECTOR X 0 0 0 GREG WHITLEY PAST PRESIDE X 0 0 0 LINSAY WHITLEY DIRECTOR X 0 0 0 SANDRA AMMONS EXECUTIVE DI X 0 0 0 false false false 1066657 27413 1066657 213748 213748 1280405 213748 X 5500 5500 27146 27146 940 940 GRANT EXPENSES 561338 561338 ENDOWED SCHOLARSHIPS 174687 174687 SUPPLIES AND EXPENSES 102043 102043 ANNUAL SCHOLARSHIPS 90760 90760 264430 177330 52160 34940 1226844 1106158 85746 34940 1206489 1074137 2473 5126 5341782 6004686 6550744 7083949 7727 3373 7727 3373 X 524034 580637 6018983 6499939 6543017 7080576 6550744 7083949 53561 483998 X false false X 436526 1239054 927499 1161023 1066657 4830759 436526 1239054 927499 1161023 1066657 4830759 727311 4103448 20605 77257 97675 195537 1858 1858 5028154 538966 0.81610 0.63470 X PART II, LINE 10 MARKET VALUE GAIN 1,858 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5493185 130986 -824124 122407 26314 4651326 4099338 396007 1096629 75170 23619 5493185 3959458 135956 141225 117137 20164 4099338 false false 1280405 1280405 1280405 1226844 1226844 1226844 X 1 27413 false false false FORM 990, PAGE 1, PART I, LINE 6 PART TIME VOLUNTEERS ARE USED FOR SPECIAL FOUNDATION EVENTS/FUNDRAISERS. FORM 990, PAGE 6, PART VI, LINE 11B ENGAGEMENT PARTNER PROVIDES INFORMATION AND ASKS FOR QUESTIONS REGARDING 990 CONTENT TO BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. ORGANIZATION FOLLOWS UP AND TAKES ACTION ON ANY APPLICABLE CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A EMPLOYEES ARE NOT PAID DIRECTLY FROM THE FOUNDATION. COMPENSATION IS THROUGH FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE AND IS APPROVED FOR ALL EMPLOYEES BY THE BOARD OF TRUSTEES. THE FOUNDATION HAS RECENTLY SHARED IN SOME WAGE COSTS AND REIMBURSED THE COLLEGE. THE REIMBURSEMENT WAS APPROVED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. THIS PROCESS WAS DISCONTINUED DURING THE FISCAL YEAR ENDED JUNE 30, 2014. THE COLLEGE NOW PAYS 100% OF THESE PERSONNEL COSTS. FORM 990, PAGE 6, PART VI, LINE 15B EMPLOYEES ARE NOT PAID DIRECTLY FROM THE FOUNDATION. COMPENSATION IS THROUGH FAYETTEVILLE TECHNICAL COMMUNITY COLLEGE AND IS APPROVED FOR ALL EMPLOYEES BY THE BOARD OF TRUSTEES. THE FOUNDATION HAS RECENTLY SHARED IN SOME WAGE COSTS AND REIMBURSED THE COLLEGE. THE REIMBURSEMENT WAS APPROVED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. THIS PROCESS WAS DISCONTINUED DURING THE FISCAL YEAR ENDED JUNE 30, 2014. THE COLLEGE NOW PAYS 100% OF THESE PERSONNEL COSTS. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E INVENTORY 54,704 0 0 TRAVEL 49,463 0 0 CATERING AND MEALS 7,527 5,646 24,464 MISCELLANEOUS 0 30,212 0 EQUIPMENT 29,499 0 0 TRANSFERRED TO FTCC 27,413 0 0 FUND RAISING EVENTS 0 0 10,476 STUDENT ASSISTANCE 5,701 0 0 PUBLIC RELATIONS 0 4,552 0 DUES 0 4,072 0 BANK FEES 0 3,444 0 PLAQUES AND AWARDS 0 3,259 0 FACULTY ASSISTANCE 2,348 0 0 COMPUTER SOFTWARE 0 724 0 HONORARIUMS AND STIPENDS 675 0 0 LICENSES 0 251 0 TOTAL 177,330 52,160 34,940