2025-03-25T20:55:40-04:00 2024-06-30 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 630 CHARLOTTE NC 28203 990 2023-07-01 566085391 GUILFORD TECHNICAL COMMUNITY COLLEGE FOUNDATION INC GUIL 3363344822 PO BOX 309 JAMESTOWN NC 27282 ANGELA CARTER TREASURER 3363344822 2025-03-20 true false REBECCA FISHER CPA P01690017 7044993893 2025-03-20 2023 2025-03-06 01:10:19Z ANGELA CARTER PO BOX 309 JAMESTOWN NC 27282 2215445 false X FOUNDATION GTCC EDU X 1966 NC TO RAISE FUNDS TO SUPPLEMENT THE FINANCIAL RESOURSES AVAILABLE TO STUDENTS, FACULTY, STAFF, AND PROGRAMS OF GUILFORD TECHNICAL COMMUNITY COLLEGE. 25 24 0 24 0 914663 1672663 0 507466 503600 -18152 -22601 1403977 2153662 474057 554193 0 33092 0 59791 457394 680734 931451 1268019 472526 885643 17735199 19612406 66311 78368 17668888 19534038 X THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO WORTHY STUDENTS SEEKING THEIR EDUCATION, AND TO FACULTY AND STAFF IN AREAS NOT COVERED BY STATE FUNDS. THE FOUNDATION SOLICITS AND ADMINISTERS CHARITABLE GIFTS IN ACCORDANCE WITH THE COLLEGE'S MISSION AND GOALS. false false 515152 VARIOUS FINANCIAL ASSISTANCE WITH PROGRAMS AND SERVICES AT GUILFORD TECHNICAL COMMUNITY COLLEGE. 554193 554193 SCHOLARSHIPS AND FINANCIAL AID GIVEN TO STUDENTS OF GUILFORD TECHNICAL COMMUNITY COLLEGE. 1069345 true true false false false false false false false true true false true false false true true false false false false false false false true false false false true true false false false false false false false false true false false false true true false false false true 7 0 0 false false false false false true true false false false false false false false false X 25 24 false false false false false false false true true false false false true true true true true false false false NC X ANGELA CARTER 3363344822 PO BOX 309 JAMESTOWN NC 27282 DR ANTHONY CLARKE SECRETARY 1.00 X X 0 254187 37855 ANGELA CARTER TREASURER 1.00 X 0 166129 80611 SUZY ADKINS DIRECTOR 1.00 X 0 0 0 RHONDA ANDERSON DIRECTOR 1.00 X 0 0 0 DR DONALD CAMERON DIRECTOR 1.00 X 0 0 0 DOUG COPELAND DIRECTOR 1.00 X 0 0 0 MARC CUTCHER DIRECTOR 1.00 X 0 0 0 JEFF DOWDEN DIRECTOR 1.00 X 0 0 0 MARSHALL EDWARDS DIRECTOR 1.00 X 0 0 0 MICHAEL GODWIN IMMEDIATE PA 1.00 X X 0 0 0 CHARLES GREENE DIRECTOR 1.00 X 0 0 0 HANK HENNING DIRECTOR 1.00 X 0 0 0 CHRISTOPHER HARRILL DIRECTOR 1.00 X 0 0 0 DR JIM HOESKTRA DIRECTOR 1.00 X 0 0 0 GEORGE JORDAN CHAIR 1.00 X X 0 0 0 THOMAS MORROW DIRECTOR 1.00 X 0 0 0 SARA MILLARD VICE-CHAIR 1.00 X X 0 0 0 KOURTNEY PAYNE DIRECTOR 1.00 X 0 0 0 RICK RAMSEY DIRECTOR 1.00 X 0 0 0 SCOTT SAYLOR DIRECTOR 1.00 X 0 0 0 ADRIAN SMITH DIRECTOR 1.00 X 0 0 0 KENNY TAYLOR DIRECTOR 1.00 X 0 0 0 CHRIS TREVEY DIRECTOR 1.00 X 0 0 0 LESLYE TUCK DIRECTOR 1.00 X 0 0 0 DON WEBB DIRECTOR 1.00 X 0 0 0 JAMES WHITE DIRECTOR 1.00 X 0 0 0 420316 118466 false true false 60381 1612282 206469 1672663 368783 368783 166186 31369 166186 -31369 134817 134817 2343 60381 30414 -28071 MISCELLANEOUS 531110 5470 5470 5470 2153662 5470 503600 554193 554193 33092 33092 13909 13909 13910 13910 51775 51775 86919 7770 44501 34648 51699 42575 4114 5010 244205 192251 45120 6834 59582 54036 5226 320 2945 2920 25 CONTRIBUTED MATERIALS 175854 162785 90 12979 EMPLOYEE RECOGNITION/APPR 23626 17632 5994 SITE DEVELOPMENT COSTS 1887 1887 MISCELLANEOUS -45577 2091 -47668 1268019 1069345 138883 59791 75002 140793 221704 207745 13374 18233 7664 15833 285 119 1686743 1604153 1686743 15398873 17160165 414144 382775 17735199 19612406 65011 78368 1300 66311 78368 X 9206691 9700974 8462197 9833064 17668888 19534038 17735199 19612406 X 885643 979507 X false true X true false X 826434 982702 652101 914663 1672663 5048563 826434 982702 652101 914663 1672663 5048563 379456 4669107 310131 213834 217015 357866 368783 1467629 613604 613604 333486 913903 7813 1255202 8384998 20447 0.55680 0.54560 X PART II, LINE 10 FUNDRAISING 1,249,732 MISCELLANEOUS 5,470 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5844364 463559 562751 92542 21516 6756614 5198711 309467 475172 131853 7133 5844364 6023661 54578 -740595 134550 4382 5198711 5047795 58920 1047023 124919 5158 6023661 4896911 131222 190000 168892 1446 5047795 false false 1686743 1686743 1686743 MUTUAL FUNDS 13568430 F ALTERNATIVE MUTUAL FUNDS 1571843 F EXCHANGE-TRADED FUNDS 1081938 F CASH AND CASH EQUIVALENTS 937954 F 17160165 X 3422051 979508 258467 1237975 2184076 -30414 -30414 2153662 1556900 258467 258467 1298433 -30414 -30414 1268019 SCHEDULE D, PAGE 3, PART X THE FOUNDATION ADOPTED THE PROVISIONS OF FASB ASC 740-10-25 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER THIS PROVISION, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION HAD NO IMPACT ON THE FOUNDATIONS FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT DID NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX YEARS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2020. AS OF JUNE 30, 2024 AND 2023, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 4B FUNDRAISING EXPENSES INCLUDED IN PART VIII -30,414 SCHEDULE D, PAGE 4, PART XII, LINE 4B FUNDRAISING EXPENSES INCLUDED IN PART VIII -30,414 GOLF TOURNAMENT 62724 60381 2343 16162 14252 62724 60381 2343 16162 14252 30414 -28071 true SCHOLARSHIPS 898 554193 ACTUAL SCHEDULE I, PAGE 1, PART I, LINE 2 THE GRANT MANAGER REVIEWS GRANT REQUIREMENTS AND APPROVES APPROPRIATE EXPENSES BASED ON THIS REVIEW. FOR ANY REQUESTS FOR USE OF GRANT FUNDS, A CHECK REQUEST IS PREPARED AND APPROVED BY AUTHORIZED SIGNERS. CHECK REQUEST COPIES ARE RETAINED FOR RECORDKEEPING. false false false false false false false false false DR ANTHONY CLARKE SECRETARY 254187 37855 292042 ANGELA CARTER TREASURER 166129 80611 246740 X 3 74000 FMV X 102 1880 FMV X 41 500 FMV X SUPPLIES 275 98058 FMV X GIFT CARDS 9 875 FMV X MISCELLANEOUS 7 31156 FMV false true false FORM 990 - ORGANIZATION'S MISSION THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO WORTHY STUDENTS SEEKING THEIR EDUCATION, AND TO FACULTY AND STAFF IN AREAS NOT COVERED BY STATE FUNDS. THE FOUNDATION SOLICITS AND ADMINISTERS CHARITABLE GIFTS IN ACCORDANCE WITH THE COLLEGE'S MISSION AND GOALS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER. ALL BOARD MEMBERS ARE ADVISED THAT THE FORM 990 IS AVAILABLE FOR THEIR REVIEW UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS, DIRECTORS, AND EMPLOYEES REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. ALL RESPONSES ARE REVIEWED AND SIGNED BY THE CFO/TREASURER FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 FUNDRAISING EXPENSES INCLUDED IN PART VIII 30,414 FUNDRAISING EXPENSES INCLUDED IN PART VIII -30,414 GTCC FOUNDATION PROPERTIES LLC 601 E MAIN STREET JAMESTOWN NC 27282 REAL ESTAT NC 1686743 GUILFORD T GUILFORD TECHNICAL COMMUNITY COLLEGE 601E MAIN STREET JAMESTOWN NC 27282 560792519 EDUCATION NC NA false false false true false false false false false false false true false false true true true true false false GUILFORD TECHNICAL COMMUNITY COLLEG O 258467 ACTUAL GUILFORD TECHNICAL COMMUNITY COLLEG B 31156 COMPARATIVE SALES GTCC INNOVATIVE RESOURCES CORP C 300000 ACTUAL