Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions. Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
MONTGOMERY COUNTY COMMUNITY COLLEGE FOUNDATION
Employer identification number
23-2253031
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization?
................
11g(i)
(ii)
A family member of a person described in (i) above?
......................
11g(ii)
(iii)
A 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of monetary support
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
737,114
782,958
757,765
1,310,890
2,097,244
5,685,971
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3
737,114
782,958
757,765
1,310,890
2,097,244
5,685,971
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
213,637
6
Public support. Subtract line 5 from line 4.
5,472,334
Section B. Total Support
Calendar year
(or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
7
Amounts from line 4..
737,114
782,958
757,765
1,310,890
2,097,244
5,685,971
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
582,940
1,075,669
153,874
154,105
163,513
2,130,101
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
10
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..
11
Total support (Add lines 7 through 10).
7,816,072
12
Gross receipts from related activities, etc. (see instructions)
..................
12
52,159
13
First five years.
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.................................................
Section C. Computation of Public Support Percentage
14
Public support percentage for 2013 (line 6, column (f) divided by line 11, column (f))
.........
14
70.010 %
15
Public support percentage for 2012 Schedule A, Part II, line 14
...............
15
63.760 %
16a
33 1/3% support test—2013.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
.......................
b
33 1/3% support test—2012.
If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2013.
If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization
.....................................................
b
10%-facts-and-circumstances test—2012.
If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization
................................................
18
Private foundation.
If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions
.....................................................
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c
Add lines 7a and 7b..
8
Public support (Subtract line 7c from line 6.)
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
9
Amounts from line 6...
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
..
13
Total support. (Add lines 9, 10c, 11, and 12.)..
14
First five years.
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public support percentage for 2013 (line 8, column (f) divided by line 13, column (f))
.........
15
16
Public support percentage from 2012 Schedule A, Part III, line 15
...............
16
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2013 (line 10c, column (f) divided by line 13, column (f))
......
17
18
Investment income percentage from 2012 Schedule A, Part III, line 17
.............
18
19a
33 1/3% support tests—2013.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
........
b
33 1/3% support tests—2012.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
.....
20
Private foundation.
If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 4
Part IV
Supplemental Information.
Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2013
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
MONTGOMERY COUNTY COMMUNITY COLLEGE FOUNDATION
Employer identification number
23-2253031
Return Reference
Explanation
FORM 990, PART III, LINE 2
IN FISCAL YEAR 2013, THE FOUNDATION LAUNCHED A NEW PROGRAM INITIATIVE, LEADING WOMEN IN PHILANTHROPY (LWIP) RAISING $22,000 IN ITS INAUGURAL YEAR. LWIP REPRESENTS A GROWING TREND IN PHILANTHROPY THAT EMPOWERS MEMBERS TO POOL THEIR RESOURCES TO FUND IMPORTANT INITIATIVES THAT MAKE AN EVEN GREATER IMPACT. MEMBERS BECOME A PART OF A NETWORK OF PHILANTHROPIC WOMEN LEADERS SUPPORTING SCHOLARSHIPS AND PROGRAMS AT MONTGOMERY COUNTY COMMUNITY COLLEGE. WOMEN GIVE TO AN ANNUAL FUND, AND AT THE $1,000 OR MORE GIVING LEVEL BECOME A VOTING MEMBER. VOTING MEMBERS PARTICIPATE IN THE IDENTIFICATION AND RECOMMENDATION PROCESS OF WHERE THE POOLED RESOURCES MAY BE ALLOCATED THROUGH THE FOUNDATION. ON JULY 1, 2013, THE FOUNDATION LAUNCHED THE QUIET PHASE OF "FUTURES RISING: THE CAMPAIGN FOR MONTGOMERY COUNTY COMMUNITY COLLEGE." THE FIRST EVER COMPREHENSIVE CAMPAIGN CONDUCTED BY THE FOUNDATION, THE INTERNAL "WORKING" GOAL WAS SET AT $9 MILLION FOR A TWO AND A HALF YEAR CAMPAIGN. CAMPAIGN PRIORITIES ARE ENDOWED AND RESTRICTED SCHOLARSHIPS FOLLOWED BY STUDENT SUPPORT PROGRAMS.
FORM 990, PART VI, SECTION B, LINE 11
THE FINAL 990 WILL BE PRESENTED TO THE BOARD FINANCE COMMITTEE FOR REVIEW ON MAY 6, 2015. THE FULL BOARD WILL RECEIVE A COPY OF THE 990 PRIOR TO FILING. PRIOR TO THE FORM 990 BEING PRESENTED TO THE BOARD, JIM KING (CHAIR), KAREN STOUT (PRESIDENT), STEVE ROSA (SECRETARY/TREASURER), MELISSA MOTZ (BOARD MEMBER) AND RICK COTTOM (BOARD MEMBER) REVIEW THE RETURN. THE CHAIR OF THE FOUNDATION WILL SIGN THE RETURN.
FORM 990, PART VI, SECTION B, LINE 12C
PURPOSE: THE BOARD OF TRUSTEES OF MONTGOMERY COUNTY COMMUNITY COLLEGE IS COMMITTED TO THE PRINCIPLES OF INTEGRITY, GOOD FAITH AND FAIR DEALING, AND PROFESSIONAL ACCOUNTABILITY IN ALL ITS DEALINGS ON BEHALF OF THE COLLEGE. ACCORDINGLY, THE PURPOSE OF THIS POLICY IS TO PROVIDE GUIDANCE TO MEMBERS OF THIS BOARD WITH RESPECT TO ANY CONFLICT OF INTEREST EXPERIENCED BY THE TOTALITY OF ANY OUTSIDE INTERESTS, CONCERNS AND RELATIONSHIPS HELD BY ANY INDIVIDUAL MEMBER. POLICY: A CONFLICT OF INTEREST MAY EXIST WHENEVER THE OUTSIDE INTERESTS, CONCERNS OR RELATIONSHIPS HELD BY A MEMBER OF THE BOARD OF TRUSTEES, COMPROMISES, OR APPEARS TO COMPROMISE, THAT MEMBER'S FIDUCIARY DUTY TO THE COLLEGE. IN THE COURSE OF DOING COLLEGE BUSINESS, ACTUAL AND POTENTIAL CONFLICTS OF INTEREST ON THE PART OF AN INDIVIDUAL BOARD MEMBER'S OUTSIDE INTERESTS, CONCERNS AND RELATIONSHIPS, MUST BE DISCLOSED TO THE BOARD AS A WHOLE. THIS DISCLOSURE OF OUTSIDE INTERESTS, CONCERNS AND RELATIONSHIPS SHOULD BE UPDATED ANNUALLY BY EACH MEMBER OF THE BOARD OF TRUSTEES. WHEN A POTENTIAL CONFLICT OF INTEREST, PREVIOUSLY DISCLOSED, IS SUBSEQUENTLY RELEVANT TO A MATTER IMMEDIATELY BEFORE THE BOARD, IT IS EXPECTED THAT THE BOARD MEMBER BRING IT AGAIN TO THE ATTENTION OF THE BOARD AS A WHOLE. PROCEDURE: MEMBERS OF THE BOARD OF TRUSTEES WILL DISCLOSE ANY POTENTIAL CONFLICT OF INTERESTS THROUGH THE COMPLETION AND SUBMISSION OF A WRITTEN QUESTIONNAIRE ON AN ANNUAL BASIS. AFTER DETERMINING THAT A CONFLICT OF INTEREST EXISTS, THE AFFECTED INTERESTED PERSON SHALL WITHDRAW FROM ANY FURTHER INVOLVEMENT IN THE ISSUE, MATTER OR TRANSACTION CAUSING THE CONFLICT OF INTEREST UNLESS A MAJORITY OF THE DISINTERESTED DIRECTORS DETERMINE THAT THE CONFLICT OF INTEREST IS: A. IMMATERIAL OR NOT ADVERSE TO THE INTERESTS OF THE FOUNDATION; OR B. THE BENEFITS OF ALLOWING THE AFFECTED INTERESTED PERSON TO PARTICIPATE IN THE DISCUSSION OR CONSIDERATION, BUT NOT THE FINAL DECISION, OUTWEIGH THE DANGERS; IN WHICH CASE THE AFFECTED INTERESTED PERSON MAY PARTICIPATE IN THE DISCUSSION, STUDY OR CONSIDERATION OF THE ISSUE, MATTER OR TRANSACTION, BUT NOT THE FINAL DECISION. THE POLICY IS REVIEWED BY THE ADMINISTRATION AND IF CHANGES ARE REQUIRED, THOSE CHANGES WOULD BE APPROVED BY THE FOUNDATION BOARD.
FORM 990, PART VI, SECTION B, LINE 15
MONTGOMERY COUNTY COMMUNITY COLLEGE HAS THE RESPONSIBILITY OF DETERMINING COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES. THE COLLEGE SOLICITS A THIRD PARTY CONSULTANT, THE HAY GROUP, WHO DEVELOPS A MATRIX OF GRADES. EACH GRADE HAS A MINIMUM, MIDPOINT AND MAXIMUM FOR EACH GRADE. THE CANDIDATE IS REVIEWED BY HUMAN RESOURCES BASED UPON THEIR KNOWLEDGE, DEGREE AND EXPERIENCE. HUMAN RESOURCES THEN RECOMMENDS TO THE HIRING PARTY A COMPENSATION PACKAGE THAT IS WITHIN THE SALARY RANGE FOR THE POSITION. THERE ARE SEVERAL LEVELS OF REVIEW AND APPROVAL WITH THE BOARD RATIFYING THE POSITION. A GENERAL STATEMENT APPEARS IN THE BOARD MINUTES WHEN A POSITION HAS BEEN RATIFIED BASED ON BACKGROUND DOCUMENTATION PROVIDED PRIOR TO THE MEETING.
FORM 990, PART VI, SECTION C, LINE 19
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.