Totals
- Total revenue
- $2,136,406
- Total expenses
- $1,155,765
- Contributions and grants received
- $108,406
- Grants paid
- $229,650
- Program service revenue
- $0
- Investment income
- $1,972,808
- Other revenue
- $55,192
- Total assets, end of year
- $7,326,187
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $7,326,187
- Program services expenses (Part IX)
- $1,084,469
- Management and general expenses
- $52,251
- Fundraising expenses
- $19,045
- Program service expenses (Part III)
- $1,084,469
Program services were 93.8% 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
$108,406
-
3 · Investment income
total $1,972,808 · excluded $1,972,808
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$117,055
-
8b · Fundraising events: direct expenses
$61,863
-
8c · Net income from fundraising events
total $55,192 · excluded $55,192
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $229,650 · program services $229,650
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $129,137 · program services $96,909 · management and general $25,782 · fundraising $6,446
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $49,073 · program services $49,073
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $94,971 · program services $82,596 · management and general $12,375
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $4,768 · program services $3,815 · management and general $715 · fundraising $238
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $11,218 · program services $5,609 · management and general $3,365 · fundraising $2,244
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Campus Area Expense
total $595,583 · program services $595,583
-
24b · Other expenses: OTHER EXPENSES
total $25,583 · program services $21,234 · management and general $4,349
-
24c · Other expenses: Special events
total $10,117 · fundraising $10,117
-
24d · Other expenses: BANK CHARGES
total $5,665 · management and general $5,665
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $5,776,791 · end of year $7,243,795
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,746 · end of year $1,392
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $81,000 · end of year $81,000
-
17 · Accounts payable and accrued expenses
beginning of year $10,000
-
27 · Net assets without donor restrictions
beginning of year $375,379 · end of year $652,851
-
28 · Net assets with donor restrictions
beginning of year $5,474,158 · end of year $6,673,336
Mission and programs · 2024
Mission
The Taft College Foundation is dedicated to supporting student success through fund raising and development of community relationships.
Activities or mission (Part I)
The Taft College Foundation staff cultivate and direct community resources to the Taft Community College in the areas that matter most to the community. Major focus pertaining to student scholarships.
-
The Taft College Foundation staff cultivate and direct community resources to the Taft Community College in the areas that matter most to the community. All of the Foundation's focus pertains to student scholarships.
Expenses $1,084,469
As filed on the 2024 return.
Listed in Part VII
-
Sheri Horn-Bunk
Executive Director Foundation
- Total calculated
- $103,087
- From this org
- $68,737
- From related orgs
- $0
- Other
- $34,350
- Hours/week
- 40
-
Jonathan Bench
Development Associate
- Total calculated
- $25,598
- From this org
- $15,944
- From related orgs
- $0
- Other
- $9,654
- Hours/week
- 40
-
Janice Ashley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Cathy Bennett
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Janea Benton
Director
- Total calculated
- $0
- Hours/week
- 1
-
deanna blaise
Director
- Total calculated
- $0
- Hours/week
- 1
-
Richard Chapman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Don Clark
Director
- Total calculated
- $0
- Hours/week
- 1
-
Les Clark Jr
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mia Cifuentes
Director
- Total calculated
- $0
- Hours/week
- 1
-
Loretta Garcia Lipscomb
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robert Duchow
President
- Total calculated
- $0
- Hours/week
- 1
-
Nik Boone
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael George
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gabriela Gonzales
Director
- Total calculated
- $0
- Hours/week
- 1
-
Max Goossen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joshua Bryant
Director
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Howard
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Giacomini
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Shana Gonsman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tom Kelley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Megan Lopez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Cherie Lucas
Director
- Total calculated
- $0
- Hours/week
- 1
-
Suzanne Noble
Director
- Total calculated
- $0
- Hours/week
- 1
-
Leslie Minor
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rusty Risi
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tim Rushing
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ray Scott
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ron Ostrom
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kal Vaughn
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 24 April 2026
- IRS schema version
- 2024v5.2
- Source object
- 202611149349300436
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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