Skip to content
Nonprofiteer
← CUYAHOGA COMMUNITY COLLEGE FOUNDATI

Form 990 for tax year 2024

Filed by CUYAHOGA COMMUNITY COLLEGE FOUNDATI.

Totals

Total revenue
$13,037,349
Total expenses
$10,699,689
Contributions and grants received
$7,409,836
Grants paid
$9,812,356
Program service revenue
$0
Investment income
$5,195,824
Other revenue
$431,689
Total assets, end of year
$122,379,921
Total liabilities, end of year
$2,530,975
Net assets or fund balances, end of year
$119,848,946
Program services expenses (Part IX)
$9,812,356
Management and general expenses
$438,000
Fundraising expenses
$449,333
Program service expenses (Part III)
$9,812,356

Program services were 91.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $600,567

  • 1f · All other contributions, gifts and grants

    $6,809,269

  • 1g · Noncash contributions included above

    $249,610

  • 3 · Investment income

    total $2,681,981 · excluded $2,681,981

  • 7a · Gross sales of assets other than inventory

    securities $15,867,465

  • 7b · Less cost or other basis and sales expenses

    securities $13,353,622

  • 7c · Gain or loss

    securities $2,513,843

  • 7d · Net gain or loss

    total $2,513,843 · excluded $2,513,843

  • 8a · Fundraising events: gross income

    $563,682

  • 8a · Fundraising events: contributions included on line 1c

    $600,567

  • 8b · Fundraising events: direct expenses

    $131,993

  • 8c · Net income from fundraising events

    total $431,689 · excluded $431,689

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,812,356 · program services $9,812,356

  • 11b · Fees: legal

    total $1,920 · management and general $1,920

  • 11c · Fees: accounting

    total $40,108 · management and general $40,108

  • 11d · Fees: lobbying

    total $155,000 · fundraising $155,000

  • 11f · Fees: investment management

    total $83,308 · management and general $83,308

  • 11g · Fees: other

    total $398,987 · management and general $104,654 · fundraising $294,333

  • 19 · Conferences, conventions and meetings

    total $194,081 · management and general $194,081

  • 23 · Insurance

    total $5,300 · management and general $5,300

  • 24a · Other expenses: MISCELLANEOUS

    total $8,235 · management and general $8,235

  • 24b · Other expenses: UNRELATED BUSINESS INCO

    total $394 · management and general $394

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,055,193 · end of year $2,110,737

  • 3 · Pledges and grants receivable

    beginning of year $3,525,767 · end of year $2,645,027

  • 9 · Prepaid expenses and deferred charges

    beginning of year $37,500

  • 11 · Investments: publicly traded securities

    beginning of year $79,750,944 · end of year $93,001,330

  • 12 · Investments: other securities

    beginning of year $26,318,434 · end of year $23,933,885

  • 15 · Other assets

    beginning of year $642,504 · end of year $688,942

  • 17 · Accounts payable and accrued expenses

    beginning of year $25,602 · end of year $41,664

  • 19 · Deferred revenue

    beginning of year $402,926 · end of year $425,033

  • 25 · Other liabilities

    beginning of year $3,220,822 · end of year $2,064,278

  • 27 · Net assets without donor restrictions

    beginning of year $279,757 · end of year $648,806

  • 28 · Net assets with donor restrictions

    beginning of year $109,401,235 · end of year $119,200,140

Mission and programs · 2024

Mission

THE MISSION OF THE CUYAHOGA COMMUNITY COLLEGE FOUNDATION IS TO PROVIDE RESOURCES FOR ADVANCING STUDENT SUCCESS AT CUYAHOGA COMMUNITY COLLEGE AND TO TRANSFORM THE LIVES OF THOSE TRI-C SERVES. (CONTINUED ON SCHEDULE O)

Activities or mission (Part I)

TO PROVIDE RESOURCES FOR ADVANCING STUDENT SUCCESS AT (CONTINUED ON SCHEDULE O)CUYAHOGA COMMUNITY COLLEGE AND TO TRANSFORM THE LIVES OF THOSE TRI-C SERVES. OUR VISION IS TO ENSURE THAT EVERY TRI-C STUDENT HAS THE RESOURCES NEEDED TO HELP THEM LEARN, THRIVE, AND SUCCEED, CREATING A PROSPEROUS COMMUNITY FOR ALL. PHILANTHROPIC SUPPORT FUELS OUR VISION FOR A FUTURE WHERE EVERY STUDENT, IN EVERY PROGRAM, IN EVERY ZIP CODE, IS EMPOWERED TO ACHIEVE THEIR FULL POTENTIAL.

  • SCHOLARSHIP PROGRAM: ALTHOUGH THE COLLEGE'S TUITION IS THE LOWEST IN NORTHEAST OHIO, THERE ARE STUDENTS IN OUR COMMUNITY WHO, WITHOUT FINANCIAL ASSISTANCE, CANNOT ACCESS OR CONTINUE THEIR EDUCATION, ESPECIALLY THOSE PURSUING A SHORT-TERM CERTIFICATE THAT IS INELIGIBLE FOR FEDERAL AID. SCHOLARSHIPS ENABLE THOUSANDS OF STUDENTS TO ACCESS AND OBTAIN THEIR COLLEGE EDUCATION, OFTEN REDUCING THE TIME IT TAKES TO GRADUATE. OVER A FIVE-YEAR PERIOD (FY2021-2025), 20,346 SCHOLARSHIPS TOTALING $24.8 MILLION WERE AWARDED TO TRI-C STUDENTS. THE AVERAGE SCHOLARSHIP WAS $1,500. GROWING SCHOLARSHIP OPPORTUNITIES FOR STUDENTS IS AN ONGOING, TOP PRIORITY FOR THE TRI-C FOUNDATION.

    Expenses $3,985,579 · Grants $3,985,579

  • EDUCATIONAL DEVELOPMENT: TRI-C FOUNDATION SUPPORTS DEVELOPING AND ENHANCING EDUCATIONAL PROGRAMS IN RESPONSE TO WORKFORCE AND STUDENT NEEDS. A TRI-C EDUCATION IS DESIGNED TO MEET THE EDUCATIONAL, CULTURAL AND ECONOMIC NEEDS OF OUR COMMUNITIES THROUGH INNOVATIVE PROGRAMMING, ESPECIALLY FOR HIGH DEMAND CAREERS IN CREATIVE ARTS, HOSPITALITY MANAGEMENT, INFORMATION TECHNOLOGY, MANUFACTURING, NURSING AND HEALTH PROFESSIONS, AND PUBLIC SAFETY. HIGH-QUALITY, INDUSTRY-RELEVANT COURSES, AND COMPREHENSIVE, HANDS-ON TRAINING ENSURE THAT STUDENTS GAIN A COMPETITIVE EDGE TO PREPARE FOR SUCCESS IN TODAY'S JOB MARKET. TRI-C PROGRAMS ALIGN WITH KEY AREAS THAT ANTICIPATE FUTURE JOB GROWTH; GRADUATE WORKERS WITH THE SKILLS LOCAL EMPLOYERS SEEK; (CONTINUED ON SCHEDULE O)DEMONSTRATE HIGH SUCCESS RATES; USE STATE OF-THE-ART FACILITIES; AND RECEIVE NATIONAL RECOGNITION.TRI-C IS AMONG THE NATION'S TOP 150 COMMUNITY COLLEGES, ACCORDING TO THE ASPEN INSTITUTE COLLEGE EXCELLENCE PROGRAM. COLLEGE-WIDE INITIATIVES ARE INCREASING GRADUATION RATES, AND THE NUMBER OF WORKFORCE CREDENTIALS AWARDED ANNUALLY. CHARITABLE INVESTMENTS HELP TO GROW RESOURCES THAT ADDRESS EQUITY GAPS IN SUCCESS AND COMPLETION, SUCH AS EXPANDING CAMPUS FOOD PANTRIES AND MAINTAINING A STUDENT EMERGENCY FUND TO COVER CRISIS EXPENSES. HELPING STUDENTS TO PREPARE FOR A CAREER AFTER COMPLETION IS A PRIORITY, THROUGH PAID INTERNSHIPS AND WORK READINESS GRANTS TO PURCHASE ESSENTIAL WORK TOOLS OR EQUIPMENT.

    Expenses $5,826,777 · Grants $5,826,777

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MICHAEL A BASTON JD EDD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ANNE BINGHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MITCHELL G BLAIR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • GAIL A BOWEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MICKI BYRNES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CRAIG CANTRALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SCOTT CARLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • PAUL CLARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • EDWARD COCHRAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TONY D CONTRUCCI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TONY COSTANZO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JEFF COX

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • HANNAH DELIS

    CHAIRPERSON, DEVELOPMENT & COMMITTEE

    Total calculated
    $0
    Hours/week
    2

  • STEVEN J DEMETRIOU

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DEBORAH V DONLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • EMILY DRAKE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JONATHAN EPSTEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ERIC M FIALA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • WAYNE FOLEY

    CHAIRPERSON, AUDIT COMMITTEE

    Total calculated
    $0
    Hours/week
    2

  • DOLORES LOLA GARCIA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MICHELLE D HEREFORD MSHA RN FACHE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KATE HUBBEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • FELICIA WILLIAMS JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JASON JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LOUIS G JOSEPH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ANSIR JUNAID

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JAMES ALEXANDER KEENE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DOUGLAS A KERN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID KUNTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MATT KUTCHA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ALBERTA GAIL LEWIS LEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JAY LUCARELLI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CATHY MACMILLAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SHANA F MARBURY ESQ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KYLE MERRILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KAREN MILLER PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KRISTINE NEATE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MATTHEW NIPPER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KATHERINE T O'NEILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • THERESA POLACHEK

    CHAIRPERSON, COMMITTEE ON DIRECTORS

    Total calculated
    $0
    Hours/week
    2

  • DENISE POLVERINE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • GERALYN PRESTI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ANDREW E RANDALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MATT REVILLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • THOMAS RUSS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DANIEL SALTZMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MICHELE SCHROCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MATTHEW SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KATHY STERIO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RACHEL Y TALTON DM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KEVIN S THOMAS

    CHAIRPERSON, FINANCE COMMITTEE

    Total calculated
    $0
    Hours/week
    2

  • DANIEL A WEEKLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID W WHITEHEAD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MARGARET W WONG ESQ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JAMES B ARONOFF ESQ

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • ANDREA HOGBEN

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • HOWARD L LEWIS

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • JENEEN MARZIANI

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • MEGAN O'BRYAN

    PRESIDENT, TRI-C FOUNDATION

    Total calculated
    $0
    Hours/week
    2

  • PATRICK M PASTORE

    PAST CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • GREGORY J SKODA

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • LORNA WISHAM

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
16 March 2026
IRS schema version
2024v5.5
Source object
202640869349300944

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.