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Nonprofiteer
← ROXBURY COMMUNITY COLLEGE FOUNDATION INC

Form 990 for tax year 2024

Filed by ROXBURY COMMUNITY COLLEGE FOUNDATION INC.

Totals

Total revenue
$1,567,454
Total expenses
$609,661
Contributions and grants received
$1,392,342
Grants paid
$490,941
Program service revenue
$0
Investment income
$269,531
Other revenue
-$94,419
Total assets, end of year
$8,718,068
Total liabilities, end of year
$84,792
Net assets or fund balances, end of year
$8,633,276
Program services expenses (Part IX)
$490,941
Management and general expenses
$76,714
Fundraising expenses
$42,006
Program service expenses (Part III)
$490,941

Program services were 80.5% 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

    $15,000

  • 1f · All other contributions, gifts and grants

    $1,377,342

  • 3 · Investment income

    total $108,592 · excluded $108,592

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $280,035

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

    securities $119,096

  • 7c · Gain or loss

    securities $160,939

  • 7d · Net gain or loss

    total $160,939 · excluded $160,939

  • 8a · Fundraising events: gross income

    $11,025

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

    $15,000

  • 8b · Fundraising events: direct expenses

    $105,444

  • 8c · Net income from fundraising events

    total -$94,419 · excluded -$94,419

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $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 $490,941 · program services $490,941

  • 2 · Grants to domestic individuals

    total $0

  • 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 $0

  • 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 $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $23,991 · management and general $23,991

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $48,614 · management and general $48,614

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $42,006 · fundraising $42,006

  • 13 · Office expenses

    total $455 · management and general $455

  • 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 $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $2,278 · management and general $2,278

  • 24a · Other expenses: FILLING FEES

    total $1,376 · management and general $1,376

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $402,240 · end of year $1,439,284

  • 2 · Savings and temporary cash investments

    beginning of year $348,279 · end of year $256,018

  • 3 · Pledges and grants receivable

    beginning of year $1,021,247 · end of year $38,700

  • 4 · Accounts receivable

    beginning of year $9,549 · end of year $9,584

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,400 · end of year $54,884

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $5,364,194 · end of year $6,919,598

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,301 · end of year $62,322

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $22,470

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $510,770 · end of year $593,548

  • 28 · Net assets with donor restrictions

    beginning of year $6,616,838 · end of year $8,039,728

Mission and programs · 2024

Mission

THE FOUNDATION'S MISSION IS TO RAISE FUNDS FROM PRIVATE SOURCES TO SUPPORT THE EDUCATION OPPORTUNITIES FOR THE STUDENTS OF ROXBURY COMMUNITY COLLEGE AND SUPPORT PROGRAMS, PROJECTS AND ACTIVITIES THAT BENEFIT BOTH THE COLLEGE AND ITS STUDENTS.

Activities or mission (Part I)

TO RAISE FUNDS FROM PRIVATE SOURCES TO SUPPORT THE EDUCATION OPPORTUNITIES FOR THE STUDENTS OF ROXBURY COMMUNITY COLLEGE AND SUPPORT PROGRAMS, PROJECTS AND ACTIVITIES THAT BENEFIT BOTH THE COLLEGE AND ITS STUDENTS.

  • COLLEGE GRANTS: (1) GRANTS TO PURCHASE EQUIPMENT AND SUPPLIES FOR ROXBURY COMMUNITY COLLEGE'S LIFE SCIENCES & NURSING DEPARTMENTS. (2)SUPPORT OF THE ("RCC") SUPPLEMENTAL INSTRUCTION ("SI") PROGRAM WHICH TARGETS DEVELOPMENTAL MATH STUDENTS AND PROVIDES REGULARLY SCHEDULED OUT-OF-CLASS, AND PEER-FACILITATED GROUP STUDY SESSIONS THAT ARE DEVOTED TO REINFORCING THE INFORMATION AND SKILLS LEARNED IN THE CLASSES.(3) SUPPORT FOR RCC'S MENTORING FOR SUCCESS PROGRAM; AN EFFORT TO INCREASE SUPPORT FOR ROXBURY STUDENTS TO ENABLE THEM TO IMPROVE ACADEMIC PERFORMANCE, INCREASE RETENTION, GRADUATION AND MATRICULATION TO 4-YEAR INSTITUTIONS.

    Expenses $384,454 · Grants $384,454 · Revenue $384,454

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $106,487 · Grants $106,487

  • DEVELOPMENT. CONSULTING UTILIZED TO EXPAND AND DEVELOP THE ORGANIZATION FOR THE BETTERMENT AND FURTHER CARRY OUT THEIR MISSION.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Dr Jonathan K Jefferson

    President

    Total calculated
    $240,849
    From this org
    $0
    From related orgs
    $240,849
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $240,849 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $240,849 related
  • MS Jennie McDonald-Brown

    Executive Director

    Total calculated
    $206,037
    From this org
    $0
    From related orgs
    $206,037
    Other
    $0
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $206,037 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $206,037 related
  • Reverend Dr Ray Hammond

    Chair

    Total calculated
    $0
    Hours/week
    1
  • MR Robert V Ward Jr

    Member

    Total calculated
    $0
    Hours/week
    1
  • MS Grace H Lee

    Member

    Total calculated
    $0
    Hours/week
    1
  • Hon Leslie Harris

    Member

    Total calculated
    $0
    Hours/week
    1
  • MR Gregory King

    Member

    Total calculated
    $0
    Hours/week
    1
  • MR Gerald Chertavian

    Member

    Total calculated
    $0
    Hours/week
    1
  • Sheriff Steven Tompkins

    RCC Chair/Member

    Total calculated
    $0
    Hours/week
    1
  • MR Jim Geraghty

    Member

    Total calculated
    $0
    Hours/week
    1
  • Roeshana Moore-Evans

    Member

    Total calculated
    $0
    Hours/week
    1
  • Robert Eugene

    Member

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • Roxbury Community College

    $490,941

    To Support College Expenses.

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.

  • roxbury community college

    115 · to support th · MA

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.2
Source object
202611359349314031

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