2024-01-20T10:58:46-08:00 2023-06-30 134096443 FIDUCIAL EXPERTISE #9648 CHICAGO SOUTH 7420 W COLLEGE DR PALOS HEIGHTS IL 60463 990 2022-07-01 363191202 MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION MORA 7089745740 9000 WEST COLLEGE PARKWAY - BUILDIN PALOS HILLS IL 60465 SUSAN WADE TREASURER 7089745740 2024-01-17 true SUSAN WADE XXX-XX-XXXX true MARK MERMAN CPA P01478008 7084487100 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z SUSAN WADE 9000 WEST COLLEGE PARKWAY PALOS HILLS IL 604650937 1514653 false X WWW.MORAINEVALLEY.EDU/FOUNDATION X 1982 IL THE FOUNDATION'S PURPOSE IS TO PROMOTE AND FINANCIALLY SUPPORT MORAINE VALLEY COMMUNITY COLLEGE PROGRAMS AND PROVIDE SCHOLARSHIP AND FINANCIAL ASSISTANCE TO STUDENTS WHILE EXERCISING PRUDENT INVESTMENT AND MANAGEMENT OF DONOR FUNDS 20 18 0 100 0 0 496539 742500 0 213205 61790 -23074 -115 686670 804175 533413 575442 0 0 0 30726 116592 131957 650005 707399 36665 96776 5491505 6017527 39587 46648 5451918 5970879 X TO PROMOTE AND FINANCIALLY SUPPORT MORAINE VALLEY COMMUNITY COLLEGE PROGRAMS AND PROVIDE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS WHILE EXERCISING PRUDENT MANAGEMENT AND INVESTMENT OF DONOR FUNDS. CHARITABLE GIFTS RECEIVED ARE ADMINISTERED IN ACCORDANCE WITH THE DONOR'S INTENTION. FOUNDATION FUNDS ARE THEN DISBURSED TO APPROVED COLLEGE AND STUDENT PROGRAMS. THE FUNDING OF PROGRAM DISBURSEMENTS ARE CONDUCTED UNDER THE GOVERNANCE AND STEWARDSHIP OF THE BOARD OF DIRECTORS. OUR CORE ACTIVITIES INCLUDE: GOVERNANCE AND STEWARDSHIP - SELF GOVERNANCE AND SAFEGUARDING OF THE FOUNDATION'S ASSETS ARE ADMINSTERED IN ACCORDANCE WITH DONOR INTENTIONS AND PRUDENT INVESTMENT POLICY. CHARITABLE GIFTING SOLICITATION - FUNDRAISING THROUGH APPEALS, CAMPAIGNS, GRANTS AND SPECIAL EVENTS. COLLEGE AND STUDENT PROGRAM DISBURSEMENTS - REVIEW, SELECT AND APPROVE DISBURSEMENTS OF FUNDS TO THE COLLEGE AND STUDENT PROGRAMS NEEDING FINANCIAL SUPPORT. false false 100000 100000 0 FINE AND PERFORMING ARTS - THE FOUNDATION PROVIDES ON-GOING FINANCIAL SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE FINE AND PERFORMING ARTS CENTER. THIS SUPPORT PLAYS A CRUCIAL ROLE IN PROGRAM UNDERWRITING AND ON-GOING MAINTENANCE AT THE CENTER. THE ARTS CENTER IS A CENTRAL RESOURCE OF MORAINE VALLEY COMMUNITY COLLEGE WHICH HOSTS PERFORMANCES BY REGIONAL AND NATIONAL PROFESSIONAL COMPANIES IN DANCE, MUSIC, AND THEATER FOR CULTURAL AND ARTISTIC ENRICHMENT IN THE SOUTHWESTERN SUBURBS. 308301 300652 0 SCHOLARSHIPS - THE FOUNDATION PROVIDES FUNDING AND ADMINISTERS VARIOUS ACADEMIC SCHOLARSHIP PROGRAMS FOR STUDENTS OF MORAINE VALLEY COMMUNITY COLLEGE. SCHOLARSHIPS ARE MERIT BASED AND NEED BASED, AND ARE OFFERED COLLEGE-WIDE OR DESIGNATED TO PROVIDE SUPPORT THROUGH A SPECIFIC PROGRAM OR DEPARTMENT. 69514 69514 0 STUDENT EMERGENCY ASSISTANCE - THROUGH CONTRIBUTIONS OF VARIOUS INDIVIDUAL DONORS THE FOUNDATION HAS IMPLEMENTED AN EMERGENCY FINANCIAL ASSISTANCE PROGRAM FOR MORAINE VALLEY COMMUNITY COLLEGE STUDENTS WHO MIGHT OTHERWISE BE FORCED TO STOP OR DROP OUT OF SCHOOL. DONATIONS OF VARIOUS INDIVIDUALS ARE USED TO PAY THE EXPENSES OF MORAINE VALLEY COMMUNITY COLLEGE STUDENTS THAT ARE CONFRONTED WITH EXTRAORDINARY PERSONAL LIVING EXPENSES THAT IF NOT PAID ON AN IMMEDIATE BASIS WOULD LIKELY RESULT IN THAT STUDENT NOT BEING ABLE TO CONTINUE THEIR EDUCATION AT THE COLLEGE. FINANCIAL ASSISTANCE IS GRANTED TO STUDENTS ON A CASE BY CASE BASIS BY THE RECOMENDATION OF THE COLLEGE AFTER A REVIEW OF EACH STUDENTS CIRCUMSTANCES SURROUNDING THE REQUEST FOR ASSISTANCE. 5400 5400 0 AUTOMOTIVE PROGRAM - THE FOUNDATION PROVIDES DIRECT FINANCIAL SUPPORT THROUGH DONATIONS IN KIND TO THE MORAINE VALLEY COMMUNITY COLLEGE AUTOMOTIVE TECHNOLOGY CAREER PROGRAM. DONORS TO THE FOUNDATION CONTRIBUTE VEHICLES TO THE FOUNDATION WHICH ARE THEN GIVEN TO THE AUTOMOTIVE TECHNOLOGY COLLEGE PROGRAM. 7990 7990 0 FACULTY ASSOCIATION - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION ASSISTS THE FUNDRAISING EFFORTS OF THE MORAINE VALLEY COMMUNITY COLLEGE FACULTY ASSOCIATION WHO RAISES FUNDS TO SUPPORT STUDENT SCHOLARSHIPS FOR MORAINE VALLEY COMMUNITY COLLEGE STUDENTS TO ENSURE ACCESS TO QUALITY EDUCATION AND STUDENT SUCCESS. 12595 12595 0 FOUNDATION SPONSORSHIPS - THE FOUNDATION REGULARLY PROVIDES MORAINE VALLEY COMMUNITY COLLEGE ONGOING SUPPORT THAT BENEFIT AND PROMOTE INCREASED AWARENESS AND BRAND BUILDING FOR THE MORAINE VALLEY COMMUNITY COLLEGE. 36141 36141 0 FPAC 2019 - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION PROVIDED FUNDS TO ASSIST THE COLLEGE WITH ONGOING TECHNICAL UPGRADES TO THE FINE AND PERFORMING ARTS CENTER'S DOROTHY MENKER AND ANGELINE OREMUS THEATERS. 1925 1925 0 ARAR ACADEMY - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION PROVIDED FINANCIAL ASSISTANCE TO THE GIRLS EMPOWERMENT ACADEMY SCHOOLS IN HONOR OF A COLLEGE RETIREE, THE FUNDS SUPPORTED THE ARAR ACADEMY EDUCATIONAL ACTIVITIES. 41225 41225 0 STUDENT TESTING FEES - THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO THE MORAINE VALLEY COMMUNITY COLLEGE FOR PROPECTIVE STUDENTS THAT ARE APPLING FOR ENROLLMENT IN THE COLLEGE. 105276 105276 0 583091 true true false false false false false false false true true false false false false false true false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false true 6 0 true 0 false false false false true true true true false false false true false false false X 20 18 false false false false false false false true true false false true true true true true true true false false IL X SUSAN WADE 7089745740 9000 WEST COLLEGE PARKWAY PALOS HILLS IL 60465 X THOMAS KANTAS PRESIDENT 6.00 X X 0 0 0 BRUCE NAWARA PAST PRESIDENT 2.00 X X 0 0 0 HELEN LOBAS VICE PRESIDENT 4.00 X X 0 0 0 SUSAN WADE TREASURER 4.00 X X 0 0 0 DR MARGARET LEHNER SECRETARY 4.00 X X 0 0 0 AMY SITTERLY OPERATIONS MANAGER 2.00 X X 0 0 0 JOHN R COLEMAN DIRECTOR 2.00 X 0 0 0 DOMINICK DEMONICA DIRECTOR 2.00 X 0 0 0 JOHN DOBBYN DIRECTOR 2.00 X 0 0 0 JACK DALEY DIRECTOR 2.00 X 0 0 0 DENNIS M SHANNON DIRECTOR 2.00 X 0 0 0 SANDRA WAGNER DIRECTOR 2.00 X 0 0 0 PHILLIP T FOSTER DIRECTOR 2.00 X 0 0 0 DR SYLVIA M JENKINS DIRECTOR 2.00 X 0 0 0 OMAR NAJIB DIRECTOR 2.00 X 0 0 0 CRISTY GALLEGOS DIRECTOR 2.00 X 0 0 0 CHRIS SIOUKAS DIRECTOR 2.00 X 0 0 0 HOLLY A BARTECKI DIRECTOR 2.00 X 0 0 0 ADRIANA CARRASQUILLO DIRECTOR 2.00 X 0 0 0 ROBERT G KELLY DIRECTOR 2.00 X 0 0 0 0 0 0 false false false 0 107108 635392 24972 742500 137501 0 137501 513497 589208 -75711 -75711 0 0 -75711 121155 107108 121270 -115 0 -115 804175 0 0 61675 164051 164051 411391 411391 28214 0 28214 0 27055 0 27055 0 4000 0 4000 0 10205 0 4801 5404 23032 7649 15383 0 CREDIT CARD AND BANK FEES 6284 0 6284 0 SUBSCRIPTIONS AND PUBLICATIONS 1838 0 1838 0 POSTAGE AND MAILING 8012 0 1396 6616 PRINTING 6951 0 1505 5446 16366 0 3106 13260 707399 583091 93582 30726 206669 502271 15000 13253 10607 6220 6220 0 0 5081711 5307880 174872 196769 5491505 6017527 10232 25893 29355 20755 39587 46648 X 3805391 4024204 1646527 1946675 5451918 5970879 5491505 6017527 X 96776 422185 12000 -12000 X false true X true false X 0 508761 442300 687002 496539 742500 2877102 0 0 0 0 0 0 0 0 0 0 0 0 508761 442300 687002 496539 742500 2877102 175832 2701270 123559 117380 114081 137748 137501 630269 0 0 0 0 0 0 0 3507371 0.77020 0.77760 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 904694 10700 88773 20869 0 0 983298 1033205 6450 -110983 23978 0 0 904694 681031 165600 201074 14500 0 0 1033205 664747 1450 27704 12870 0 0 681031 635605 995 39541 11394 0 0 664747 0.17800 0.82200 false false 0 0 6220 6220 0 0 1332575 422185 12000 121270 555455 777120 27055 27055 804175 813614 12000 121270 133270 680344 27055 27055 707399 Pt V, Line 4 THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF DONOR-RESTRICTED FUNDS TO SUPPORT MORAINE VALLEY COMMUNITY COLLEGE STUDENT SCHOLARSHIPS Pt XI, Line 2d SPECIAL EVENT DIRECT EXPENSES Pt XII, Line 2d SPECIAL EVENT DIRECT EXPENSES GOLF OUTING 76077 35519 40558 1090 9080 18907 11888 DINNER EVENT 134952 64976 69976 976 995 29150 3390 36506 17234 6613 10621 9288 228263 107108 121155 2066 995 9080 48057 3390 57682 121270 -115 true MORAINE VALLEY COM COLLEGE 9000 WEST COLLEGE PARKWAY PALOS HILLS IL 60465 362614971 164051 PART IV 1 STUDENT EMERGENCY ASSISTANCE 366 69514 STUDENT SCHOLARSHIP AWARDS 317 300652 STUDENT ADDISSION TESTING 1649 41225 Pt I Line 2 ALL ASSISTANCE GRANTED TO THE MORAINE VALLEY COMMUNITY COLLEGE IS APPROVED BY THE FOUNDATION'S BOARD OF DIRECTOR Other 100,000 - SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE FINE AND PERFORMING ARTS CENTER Other 5,400 - SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE AUTOMOTIVE TECHNOLOGY PROGRAM Other 7,990 - SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE FACULTY ASSOCIATION Other 12,595 - PROMOTE AWARENESS AND BRAND BUILDING FOR MORAINE VALLEY COMMUNITY COLLEGE Other 1,925 - PROVIDE FINANCIAL ASSISTANCE TO THE GIRLS EMPOWERMENT ACADEMY SCHOOLS IN HONOR OF A COLLEGE RETIREE Other 36,141 - PROVIDE FINANCIAL ASSISTANCE TO THE COLLEGE FOR ONGOING TECHNICAL UPGRADES FOR THE FINE AND PERFORMING ARTS CENTER'S DOROTHY MENKER AND ANGELINE OREMUS THEATERS Pt VI, Line 11b A COPY OF THE FORM 990 IS REVIEWED IN DETAIL BY THE FOUNDATIONS'S PRESIDENT, TREASURER AND EXECUTIVE DIRECTOR AND PRESENTED FOR REVIEW AT THE REGULAR BOARD MEETING. Pt VI, Line 12c THE FOUNDATION'S CONFLICT OF INTEREST POLICY IS REVEIWED AND SIGNED BY EACH BOARD MEMBER ON AN ANNUAL BASIS. Pt VI, Line 15a THE COMPENSATION OF THE FOUNDATION'S EXECUTIVE DIRECTOR IS DETERMINED BY THE MORAINE VALLEY COMMUNITY COLLEGE BOARD OF TRUSTEES. Pt VI, Line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. Pt XI DONATED USE OF OFFICE FACILITIES BY MORAINE VALLEY COMMUNITY COLLEGE. Form 990, Part III, Line 4d AUTOMOTIVE PROGRAM - THE FOUNDATION PROVIDES DIRECT 5400. 5400. 0. Form 990, Part III, Line 4d FACULTY ASSOCIATION - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION 7990. 7990. 0. Form 990, Part III, Line 4d FOUNDATION SPONSORSHIPS - THE FOUNDATION REGULARLY PROVIDES MORAINE VALLEY 12595. 12595. 0. Form 990, Part III, Line 4d FPAC 2019 - THE MORAINE VALLEY COMMUNITY COLLEGE 36141. 36141. 0. Form 990, Part III, Line 4d ARAR ACADEMY - THE MORAINE VALLEY COMMUNITY COLLEGE 1925. 1925. 0. Form 990, Part III, Line 4d STUDENT TESTING FEES - THE FOUNDATION PROVIDES 41225. 41225. 0.