Form 990 for tax year 2022
Filed by BRUNSWICK COMMUNITY COLLEGE FOUNDATION INC.
Totals
- Total revenue
- $1,117,555
- Total expenses
- $868,928
- Contributions and grants received
- $853,713
- Grants paid
- $787,906
- Program service revenue
- $0
- Investment income
- $201,431
- Other revenue
- $62,411
- Total assets, end of year
- $6,658,364
- Total liabilities, end of year
- $8,137
- Net assets or fund balances, end of year
- $6,650,227
- Program services expenses (Part IX)
- $860,440
- Management and general expenses
- $8,348
- Fundraising expenses
- $140
- Program service expenses (Part III)
- $860,440
Program services were 99.0% 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.
-
1f · All other contributions, gifts and grants
$853,713
-
3 · Investment income
total $201,431 · excluded $201,431
-
8a · Fundraising events: gross income
$83,332
-
8b · Fundraising events: direct expenses
$20,921
-
8c · Net income from fundraising events
total $62,411 · excluded $62,411
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $242,723 · program services $242,723
-
2 · Grants to domestic individuals
total $545,183 · program services $545,183
-
11a · Fees: management
total $14,900 · program services $14,900
-
11f · Fees: investment management
total $18,665 · program services $13,999 · management and general $4,666
-
12 · Advertising and promotion
total $140 · fundraising $140
-
13 · Office expenses
total $3,640 · management and general $3,640
-
17 · Travel
total $85 · program services $43 · management and general $42
-
24a · Other expenses: Other Program Expense
total $43,592 · program services $43,592
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $768,472 · end of year $857,961
-
10a · Land, buildings and equipment: cost or other basis
$17,274
-
10b · Land, buildings and equipment: accumulated depreciation
$17,274
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $5,484,971 · end of year $5,800,403
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $8,137
-
27 · Net assets without donor restrictions
beginning of year $312,735 · end of year $417,274
-
28 · Net assets with donor restrictions
beginning of year $5,940,708 · end of year $6,232,953
Mission and programs · 2022
Mission
THE FOUNDATION PROVIDES SCHOLARSHIPS FOR STUDENTS AND ALSO SUPPORTS VARIOUS PROGRAMS AT BRUNSWICK COMMUNITY COLLEGE.
-
THE FOUNDATION AWARDED APPROX 204 SCHOLARSHIPS TO 197 STUDENTS DURING THE FISCAL YEAR.
Expenses $860,440 · Grants $787,906
-
THE FOUNDATION PROVIDES SUPPORT FOR VARIOUS PROGRAMS AT BRUNSWICK COMMUNITY COLLEGE.
As filed on the 2022 return.
Listed in Part VII
-
Gene SmithGENE SMITH
COLLEGE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Teresa CarrollTERESA CARROLL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Ann LandisANN LANDIS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Merry MacbarbMERRY MACBARB
FINANCE COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Susan CarrollSUSAN CARROLL
LIASON
- Total calculated
- $0
- Hours/week
- 1
-
Bill AllenBILL ALLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lucinda ArnoldLUCINDA ARNOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Acquinetta BeattyACQUINETTA BEATTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zachary ClouserZACHARY CLOUSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike ForteMIKE FORTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jack HamiltonJACK HAMILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lindsey JenkinsLINDSEY JENKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Connie JohnsonCONNIE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Teresa McLambTERESA MCLAMB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jill WardJILL WARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kent WoodKENT WOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Janet AllenJANET ALLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joe FirettiJOE FIRETTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brooke Rudd-GaglieBROOKE RUDD-GAGLIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
-
Brunswick Community College
$242,623
EDUCATIONAL PROGRAMS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
BRUNSWICK COMMUNITY COLLEGE
501(c)(3) · EDUCATIONAL · NC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342859349300524
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