Form 990 for tax year 2024
Filed by BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION.
Totals
- Total revenue
- $1,855,793
- Total expenses
- $1,818,772
- Contributions and grants received
- $1,382,050
- Grants paid
- $1,400,074
- Program service revenue
- $0
- Investment income
- $473,743
- Other revenue
- $0
- Total assets, end of year
- $11,959,650
- Total liabilities, end of year
- $574,812
- Net assets or fund balances, end of year
- $11,384,838
- Program services expenses (Part IX)
- $1,611,532
- Management and general expenses
- $190,536
- Fundraising expenses
- $16,704
- Program service expenses (Part III)
- $1,611,532
Program services were 88.6% 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
$1,382,050
-
3 · Investment income
total $285,141 · excluded $285,141
-
7a · Gross sales of assets other than inventory
securities $3,112,723
-
7b · Less cost or other basis and sales expenses
securities $2,924,121
-
7c · Gain or loss
securities $188,602
-
7d · Net gain or loss
total $188,602 · excluded $188,602
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,024,993 · program services $1,024,993
-
2 · Grants to domestic individuals
total $375,081 · program services $375,081
-
11c · Fees: accounting
total $99,430 · management and general $99,430
-
11f · Fees: investment management
total $42,223 · management and general $42,223
-
11g · Fees: other
total $112,650 · program services $112,650
-
13 · Office expenses
total $12,287 · program services $9,454 · management and general $794 · fundraising $2,039
-
19 · Conferences, conventions and meetings
total $32,898 · program services $20,911 · management and general $1,587 · fundraising $10,400
-
23 · Insurance
total $8,370 · management and general $8,370
-
24a · Other expenses: REIMBURSEMENT OF SALARI
total $54,093 · program services $54,093
-
24b · Other expenses: SUBSCRIPTIONS AND LICEN
total $43,009 · program services $9,350 · management and general $33,659
-
24c · Other expenses: OTHER EXPENSES
total $11,208 · program services $5,000 · management and general $1,964 · fundraising $4,244
-
24d · Other expenses: OTHER ADMINISTRATIVE
total $1,771 · management and general $1,750 · fundraising $21
-
24e · All other expenses
total $759 · management and general $759
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $33,173 · end of year $33,173
-
2 · Savings and temporary cash investments
beginning of year $1,402,640 · end of year $1,661,844
-
3 · Pledges and grants receivable
beginning of year $1,571,167 · end of year $1,314,142
-
10a · Land, buildings and equipment: cost or other basis
$25,800
-
10c · Land, buildings and equipment, net
beginning of year $25,800 · end of year $25,800
-
11 · Investments: publicly traded securities
beginning of year $6,224,844 · end of year $7,411,464
-
12 · Investments: other securities
beginning of year $2,015,187 · end of year $1,458,720
-
15 · Other assets
beginning of year $51,667 · end of year $54,507
-
17 · Accounts payable and accrued expenses
beginning of year $480,210 · end of year $574,812
-
27 · Net assets without donor restrictions
beginning of year $2,487,688 · end of year $2,751,465
-
28 · Net assets with donor restrictions
beginning of year $8,356,580 · end of year $8,633,373
Mission and programs · 2024
Mission
THE BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION ACQUIRES VITAL RESOURCES THAT ADVANCE THE COLLEGE'S MISSION TO PROVIDE SUPERIOR, AFFORDABLE, AND ACCESSIBLE EDUCATION. THE FOUNDATION SEEKS THE TIME, TALENT, AND FINANCIAL SUPPORT OF ALUMNI, INDIVIDUALS, BUSINESSES, CIVIC GROUPS, AND PRIVATE FOUNDATIONS IN ORDER TO BUILD RELATIONSHIPS THAT ULTIMATELY HELP THE COLLEGE ELEVATE THE COMMUNITY'S QUALITY OF LIFE.
Activities or mission (Part I)
THE BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION ACQUIRES VITAL RESOURCES THAT ADVANCE THE COLLEGE'S MISSION TO PROVIDE SUPERIOR, AFFORDABLE, AND ACCESSIBLE EDUCATION TO MEMBERS OF THE COMMUNITY. THE FOUNDATION SEEKS THE TIME, TALENT, AND FINANCIAL SUPPORT OF INDIVIDUALS, BUSINESSES, AND PRIVATE FOUNDATIONS TO HELP FUND STUDENT SUPPORT INITIATIVES SUCH AS SCHOLARSHIPS AND ASSISTANCE FUNDS; ACADEMIC AND WORKFORCE PROGRAM DEVELOPMENT AND EXPANSION; AND OTHER CRITICAL STUDENT AND COLLEGE NEEDS.
-
DURING THE FISCAL YEAR, BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION PROVIDED MORE THAN $1,400,000 IN SUPPORT TO THE COLLEGE AND STUDENTS, INCLUDING APPROXIMATELY $375,000 IN SCHOLARSHIPS AND GRANTS AND MORE THAN $1,025,000 IN SUPPORT FOR ACADEMIC PROGRAMS, FACULTY, EQUIPMENT, STUDENT EMERGENCY AID, AND OTHER STUDENT SUPPORT PROGRAMS.
Expenses $1,236,451 · Grants $1,024,993
-
DURING THE YEAR THE FOUNDATION AWARDED APPROXIMATELY $375,000 SCHOLARSHIPS THROUGH A COMPETITIVE APPLICATION PROCESS.
Expenses $375,081 · Grants $375,081
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Jean HaleDR JEAN HALE
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
-
James MyersJAMES MYERS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
David LedbetterDAVID LEDBETTER
1ST VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Ricardo TorresRICARDO TORRES
2ND VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jon VancleaveJON VANCLEAVE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Vandy Jones IIIVANDY JONES III
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Brandee BevanBRANDEE BEVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erica BurgessERICA BURGESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pamela ComstockPAMELA COMSTOCK
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kelli CoonsKELLI COONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carl DuffeyCARL DUFFEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter EliadesPETER ELIADES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr William FiegeDR WILLIAM FIEGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alan W MassengillALAN W MASSENGILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Denny MorrisDENNY MORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phillip O'ConnorPHILLIP O'CONNOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alex R O'NeillALEX R O'NEILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ronald WhiteRONALD WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bridget H WilsonBRIDGET H WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christine WilsonCHRISTINE WILSON
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
-
BRIGHTPOINT COMMUNITY COLLEGE
$1,024,993
SUPPORT FOR THE COLLEGE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349304446
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