2024-10-15T11:29:10-04:00 2024-06-30 261860008 CROWLEY WECHSLER & ASSOCIATES LLC 1411 QUEEN STREET BEAUFORT SC 29902 990 2023-07-01 570767384 TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INC TECH 8435258294 PO BOX 2614 BEAUFORT SC 29901 RICHARD GOUGH TCL PRESIDENT 8434705962 2024-10-14 true false RICHARD D CROWLEY CPA P00640699 8433791065 2024-10-14 2023 2024-10-15 13:58:12Z RICHARD GOUGH PO BOX 2614 BEAUFORT SC 29901 497060 false X WWW.TCL.EDU/FOUNDATION X 1983 SC THE MISSION OF THE TCL FOUNDATION IS TO FOSTER ENDURING RELATIONSHIPS THAT BUILD ADVOCACY AND SUPPORT FOR VARIOUS COLLEGE PROGRAMS AND SERVICES TO ADVANCE ALL CONSTITUENCIES WITHIN THE SERVICE DISTRICT. THE TCL FOUNDATION SUPPORTS THE TECHNICAL COLLEGE OF THE LOWCOUNTRY IN A VARIETY OF AREAS. RAISING FUNDS FOR STUDENT ASSISTENCE INCLUDING TUITION AND BOOKS, AIDING THE COLLEGE IN MAINTAINING STATE-OF-THE-ART INSTRUCTIONAL EQUIPMENT, AND FUNDING SPECIAL CAPITAL PORJECTS. 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RAISING FUNDS FOR STUDENT ASSISTANCE INCLUDING TUITION AND BOOKS, AIDING THE COLLEGE IN MAINTAINING STATE-OF-THE-ART INSTRUCTIONAL EQUIPMENT, FUNDING SPECIAL CAPITAL PROJECTS, AND RAISING FUNDS FOR SPECIAL PROJECTS INCLUDING NEW PROGRAM DEVELOPMENT TO PROMOTE A BETTER UNDERSTANDING OF THE COLLEGE, ITS MISSION, AND THE VALUE TO THE LOWCOUNTRY. false false 102313 68226 TO PROVIDE SCHOLARSHIPS TO STUDENTS TO ATTEND THE TECHNICAL COLLEGE OF THE LOWCOUNTRY. 230600 230600 TO PROVIDE DIRECT ASSISTANCE TO THE TECHNICAL COLLEGE OF THE LOWCOUNTRY. TO PROVIDE GRANTS AND SCHOLARSHIPS TO STUDENTS TO ATTEND THE TECHNICAL COLLEGE OF THE LOW COUNTRY 332913 true true false false false false false false false true true false false false false true true false false false false false false false true false false true true false true false true true false false false false false false false false false false false false false false false false true 1 0 false 0 false false false false false false false false false false false false false false X 18 18 false false false false false false false true true false false true true true true true true true true false SC X RICHARD GOUGH 8434705962 PO BOX 2614 BEAUFORT SC 29901 X LEX BOMAR MEMBER 2.00 X 0 0 0 KESIA BROWN MEMBER 2.00 X 0 0 0 DAVID BURKE MEMBER 2.00 X 0 0 0 ALI CADMUS MEMBER 2.00 X 0 0 0 JOHN CHIACCHIERO VICE CHAIRMA 2.00 X 0 0 0 JIM COLEMAN MEMBER 2.00 X 0 0 0 ANDREW DAVIS MEMBER 2.00 X 0 0 0 LAURA MEAGHER MEMBER 2.00 X 0 0 0 JOE MINGLEDORFF MEMBER 2.00 X 0 0 0 RUFUS PINCKNEY MEMBER 2.00 X 0 0 0 MATTHEW ROHER MEMBER 2.00 X 0 0 0 DR HELEN RYAN MEMBER 2.00 X 0 0 0 CHARLES SAMPSON CHAIRMAN 2.00 X 0 0 0 PAM SCALLAN MEMBER 2.00 X 0 0 0 REGINA SILLETTI MEMBER 2.00 X 0 0 0 JENNIFER TUCKWILLER MEMBER 2.00 X 0 0 0 JON VERITY TREASURER 2.00 X 0 0 0 JAY WIENDL MEMBER 2.00 X 0 0 0 RICHARD GOUGH TCL PRESIDEN 2.00 X 0 0 0 false false false 309752 309752 25179 25179 162129 45459 116670 451601 25179 68226 68226 230600 230600 45447 17043 11361 17043 14935 5601 3733 5601 15191 6146 3702 5343 1673 628 417 628 7212 2705 1802 2705 2687 1008 671 1008 2548 956 636 956 388519 332913 22322 33284 945864 1083221 1743183 1684154 134600 76400 30700 38200 4111817 3409846 887 887 1802671 2121707 8768835 8413528 14817 13691 5855000 5094000 5869817 5107691 X 361448 337588 2537570 2968249 2899018 3305837 8768835 8413528 63082 343737 X false true X true false X 669432 442940 635678 447641 309752 2505443 669432 442940 635678 447641 309752 2505443 342196 2163247 33618 32642 17273 19987 25179 128699 2634142 422815 0.82120 0.83710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 683385 683385 683385 683385 683385 683385 683385 683385 513385 170000 683385 1.00000 false false 887 887 X 1007787 343737 212449 556186 451601 451601 600968 212449 212449 388519 388519 SCHEDULE D, PAGE 3, PART X INCOME TAX STATUS: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(E). IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS, THE FOUNDATION EVALUATED ALL TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS AT JUNE 20, 2024. GENERALLY, THE FOUNDATION'S TAX RETURNS REMAIN OPEN FOR THREE YEAR SUBSEQUENT TO FILING FOR EXAMINATION BY GOVERNMENT AUTHORITIES. SPECIAL EVENT 94189 94189 1811 CHEF'S TABLE 67790 67790 38648 161979 161979 40459 40459 121520 false TECHNICAL COLLEGE OF THE LOWCOUNTRY 921 RIBAUT ROAD PO BOX 1288 BEAUFORT SC 29901 570781070 68226 COST SUPPORT OF EDUCATION ACADEMIC SCHOLARSHIPS 4083 COLLEGE ASSISTANCE 187109 STUDENT ASSISTANCE 18240 TCL PRESIDENT SUPPLEMENT 21168 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION AWARDS SCHOLARSHIP APPLICATIONS FROM STUDENTS OF THE TECHNICAL COLLEGE OF THE LOWCOUNTRY (57-0781070). THE COLLEGE APPLIES SCHOLARSHIP MONEY TO THE STUDENT'S ACCOUNT. A SC JOBS-ECONOMIC DEV AUTHORITY 570960018 2019-07-30 8000000 CAPITAL EXPENDITURES BUILDING false false false A false false false false A false false false false false false false A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION SC JOBS-ECONOMIC DEV AUTHORITY CAPITAL EXPENDITURES BUILDING FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE TCL FOUNDATION IS TO FOSTER ENDURING RELATIONSHIPS THAT BUILD ADVOCACY AND SUPPORT FOR VARIOUS COLLEGE PROGRAMS AND SERVICES TO ADVANCE ALL CONSTITUENCIES WITHIN THE SERVICE DISTRICT. THE TCL FOUNDATION SUPPORTS THE TECHNICAL COLLEGE OF THE LOWCOUNTRY IN A VARIETY OF AREAS. RAISING FUNDS FOR STUDENT ASSISTANCE INCLUDING TUITION AND BOOKS, AIDING THE COLLEGE IN MAINTAINING STATE-OF-THE-ART INSTRUCTIONAL EQUIPMENT, FUNDING SPECIAL CAPITAL PROJECTS, AND RAISING FUNDS FOR SPECIAL PROJECTS INCLUDING NEW PROGRAM DEVELOPMENT TO PROMOTE A BETTER UNDERSTANDING OF THE COLLEGE, ITS MISSION, AND THE VALUE TO THE LOWCOUNTRY. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS COMPRISE UNPAID BOARD MEMBERS FORM 990, PAGE 2, PART III, LINE 4D TO PROVIDE GRANTS AND SCHOLARSHIPS TO STUDENTS TO ATTEND THE TECHNICAL COLLEGE OF THE LOW COUNTRY FORM 990, PAGE 6, PART VI, LINE 11B BOARD MEMBERS ARE FURNISHED A COPY OF THE 990 BEFORE IT IS FILED. BOARD MEMBERS ARE ASKED TO COMMENT ON AND TO APPROVE THE 990. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS UNDERSTAND THE CONFLICT OF INTEREST POLICY AND REVIEW PERIODICALLY WITH MANAGEMENT AT REGULARLY SCHEDULED MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A NO COMPENSATION IS PAID FOR EXECUTIVE DIRECTOR OR TOP MANAGEMENT. MANAGEMENT IS PAID BY THE COLLEGE AS AN IN-KIND DONATION. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION OF EXECUTIVE ASSISTANT IS REVIEWED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE.