Liabilities / Assets
24th percentile
Higher debt load relative to assets than 24% of similar nonprofits.
Rochester Community & Technical College Foundation
990 • Fiscal year 2023 • EIN 41-1535213
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
50th percentile
Higher debt load relative to revenue than 50% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
69th percentile
Faster asset growth than 69% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Balance Sheet
Assets
Up$8,023,336
Up $976,316 (+14%) from 2022
Net Assets
Up$7,875,027
Up $1,014,549 (+15%) from 2022
Liabilities
Down$148,309
Down $38,233 (-20%) from 2022
Revenue And Expenses
Revenue
Down$826,292
Down $68,472 (-7.7%) from 2022
Expenses
Up$410,848
Up $35,651 (+9.5%) from 2022
Net Income
Down$415,444
Down $104,123 (-20%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2022 to Jun 30, 2023
- Signed
- Dec 19, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $839,496
Mission and Program Overview
Mission
Provide support to students and programs at rochester community techincal college, enhancing the quality of education and the future of our students. We do this by providing scholarships, hosting fundraising events, connecting alumni, and through our fundraising efforts for educational programs.
Rctc foundation improves lives with the support of quality, affordable, accessible higher education. We raise funds to support scholarships, student basic needs, enhance quality academics, enrich campus life with athletics and arts, and make strategic investments in our students and college. Through active, ongoing campaigns to promote philanthropy in the community, the foundation aims to grow a diverse pool of resources sufficient to provide affordable education for all students, add value and excellence to the programs offered at rctc and help insulate the institution from future economic and political forces by helping to fill gaps in state funding. The foundation believes that no student should be turned away from rctc due to an inability to pay tuition.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $6,622,754 | $7,510,408 | ▲ $887,654 |
| Cash and Non-Interest-Bearing Accounts | $388,079 | $437,520 | ▲ $49,441 |
| Prepaid Expenses and Deferred Charges | $21,693 | $43,966 | ▲ $22,273 |
| Pledges and Grants Receivable | $0 | $16,873 | ▲ $16,873 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Total Assets | $7,047,020 | $8,023,336 | ▲ $976,316 |
| Other Assets Total | $14,494 | $14,569 | ▲ $75 |
| Liabilities | |||
| Other Liabilities | $182,749 | $142,015 | ▼ $40,734 |
| Accounts Payable and Accrued Expenses | $3,793 | $6,294 | ▲ $2,501 |
| Total Liabilities | $186,542 | $148,309 | ▼ $38,233 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $6,757,666 | $7,797,109 | ▲ $1,039,443 |
| Net Assets Without Donor Restrictions | $102,812 | $77,918 | ▼ $24,894 |
| Total Net Assets Fund Balance | $6,860,478 | $7,875,027 | ▲ $1,014,549 |
| Total Liabilities and Net Assets / Fund Balance | $7,047,020 | $8,023,336 | ▲ $976,316 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $0 | $7,176 | $7,176 |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2023 | $6,757,667 | $557,967 | ▲ $807,069 | - | $7,797,109 |
| 2022 | $7,977,959 | $441,549 | ▼ $1,381,158 | - | $6,757,667 |
| 2021 | $6,481,086 | $142,436 | ▲ $1,608,809 | - | $7,977,959 |
| 2020 | $6,704,358 | $158,215 | ▼ $10,092 | - | $6,481,086 |
| 2019 | $5,972,880 | $654,269 | ▲ $281,926 | - | $6,704,358 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Markus Lang | President |
| Tony Joseph | Vice President (end 6/30/23) |
| Alex Brainard | Director |
| Ally Hanten Ebert | Director |
| Anthony Zucco | Director |
| Laura Sheehan | Director |
| Opal Richards | Director |
| Paulette Teigen | Director |
| Thu Park | Director |
| Peggy Vevang | Director (end 4/30/23) |
| Ahmitara Alwal | Director (end 6/30/23) |
| Matt Horace | Director (end 6/30/23) |
| Katie Becker | Director (end 9/6/22) |
| Heather Donovan | Secretary |
| Alex Lair | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $604,959
- Program Service Revenue
- $0
- Investment Income
- $231,537
- Other Revenue
- $-10,204
- All Other Contributions
- $574,561
- Change in Net Assets
- $415,444
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $802,720
- Revenue Not Reported on Financial Statements
- $23,572
- Revenue Not Reported on Form 990
- $785,658
- Total Revenue per Audited Statements
- $1,588,378
- Total Revenue per Form 990
- $826,292
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $327,736 |
| Other Expenses | $83,112 |
| Total Fundraising Expense | $16,697 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $321,594 | - | - | $321,594 |
| Fees for Services Accounting | - | $26,712 | - | $26,712 |
| Fees for Service Investment Mgmnt Fees | - | $23,572 | - | $23,572 |
| Office Expenses | - | $8,773 | $5,489 | $14,262 |
| Information Technology | - | $5,000 | $8,888 | $13,888 |
| Grants to Domestic Orgs | $6,142 | - | - | $6,142 |
| Advertising | - | - | $2,320 | $2,320 |
| Insurance | - | $1,476 | - | $1,476 |
| Conferences and Meetings | - | $730 | - | $730 |
| Other Expenses | - | $152 | - | $152 |
| Total Functional Expenses | $327,736 | $66,415 | $16,697 | $410,848 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $573,829 |
| Total Expenses per Form 990 | $410,848 |
| Expenses per Audited Statements | $387,276 |
| Expenses Not Reported on Form 990 | $186,553 |
| Expenses Not Reported on Financial Statements | $23,572 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $13,204 |
| Fundraising Gross Income | $3,000 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Oaks Event Dinner | $33,398 | $3,000 | $8,144 | $-5,144 |
| Total Events | $33,398 | $3,000 | $13,204 | $-10,204 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Funds, Equipment, and Supplies Held for the Benefit of Others | $142,015 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section B, Line 11B
“Prior to filing form 990, it is reviewed by the foundation treasurer with a summary of form 990 presented to the foundation board of directors during a monthly meeting. Copies of form 990 are made available to each board member.”
Form 990, Part VI, Section B, Line 12C
“All conflicts of interest are not necessarily prohibited or harmful to the rctc foundation. However, full disclosure of all actual and potential conflicts, and a determination by the disinterested board (or rctc foundation's executive committee) members - with the interested board member(s) recused from participating in debates and voting on the matter - are required. All actual and potential conflicts of interests shall be disclosed by board members to the rctc foundation executive committee through the annual disclosure form and/or to the board whenever a conflict arises. Disinterested members of the rctc foundation executive committee shall make a determination as to whether a prohibited conflict exists and what subsequent action is appropriate (if any). The rctc foundation executive committee shall inform the board of such determination and action. The board shall retain the right to modify or reverse such determination and action and shall retain the ultimate enforcement authority with respect to the interpretation and application of this policy. On an annual basis, all board members shall be provided with a copy of this policy and required to complete and sign the acknowledgment and disclosure form below. All completed forms shall be provided to and reviewed by the rctc foundation executive committee, as well as all other conflict information, if any, provided by board members.”
Form 990, Part VI, Section C, Line 18
“Interested persons are encouraged to reach out to the foundation office for a copy of the forms.”
Form 990, Part VI, Section C, Line 19
“The public is encouraged to contact the foundation in person to request documentation.”
Filing and Contact Details
Filer
- Filer Name
- Rochester Community and Technical
- EIN
- 41-1535213
- Phone
- 5072817770
- Address
- 851 30TH AVENUE SE, ROCHESTER, MN 55904
Signing Officer
- Name
- Markus Lang
- Title
- President
- Phone
- 5072817770
- Signed
- 2023-12-19
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Markus Lang
- Formed
- 1961
- Legal Domicile
- Mn
- Voting Board Members
- 13
- Independent Board Members
- 13
- Employees
- 0
- Volunteers
- 95
Preparer
- Firm
- Rsm US Llp
- Address
- 227 WEST FIRST STREET SUITE 700, DULUTH, MN 55802
- Preparer
- Julie Boyer
- Phone
- 2187275025
Supplemental Narrative
Additional Explanations
FORM 990, PART V, LINE 7H:
“Rochester community and technical college foundation receives contributions of cars for which they issue 1098-c's. These car contributions are held for the benefit of another organization and therefore is not reported as contribution revenue.”
FORM 990, PART XI, LINE 9:
“Change in value of split-interest agreement 75.”
FORM 990, PART XII, LINE 2C:
“The organization did not change the oversight and selection process from the prior tax year.”
Financial Statement Notes
PART V, LINE 4:
“Rochester community and technical college foundation has endowment funds to provide scholarships and support to students and programs at rochester community and technical college.”
PART X, LINE 2:
“The foundation is exempt from federal income taxes as a tax-exempt organization described in section 501(c)(3) of the internal revenue code, except for income on certain unrelated business income. At june 30, 2023, there is no material amount of unrelated business income. The foundation is also exempt from state income taxes under applicable minnesota statutes. The foundation has reviewed its tax positions for all open years and has concluded that no material liabilities exist as of june 30, 2023 or 2022. Generally, the foundation is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities beyond three years from filing.”
PART XI, LINE 2D - OTHER ADJUSTMENTS:
“Change in value of split-interest agreement 75. Special events expenses reclassified to revenue 13,204.”
PART XII, LINE 2D - OTHER ADJUSTMENTS:
“Special events expenses reclassified to revenue 13,204.”
Raw XML AppendixShowing 400 of 529 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 3793 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 6294 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | RCTC FOUNDATION IMPROVES LIVES WITH THE SUPPORT OF QUALITY, AFFORDABLE, ACCESSIBLE HIGHER EDUCATION. WE RAISE FUNDS TO SUPPORT SCHOLARSHIPS, STUDENT BASIC NEEDS, ENHANCE QUALITY ACADEMICS, ENRICH CAMPUS LIFE WITH ATHLETICS AND ARTS, AND MAKE STRATEGIC INVESTMENTS IN OUR STUDENTS AND COLLEGE. THROUGH ACTIVE, ONGOING CAMPAIGNS TO PROMOTE PHILANTHROPY IN THE COMMUNITY, THE FOUNDATION AIMS TO GROW A DIVERSE POOL OF RESOURCES SUFFICIENT TO PROVIDE AFFORDABLE EDUCATION FOR ALL STUDENTS, ADD VALUE AND EXCELLENCE TO THE PROGRAMS OFFERED AT RCTC AND HELP INSULATE THE INSTITUTION FROM FUTURE ECONOMIC AND POLITICAL FORCES BY HELPING TO FILL GAPS IN STATE FUNDING. THE FOUNDATION BELIEVES THAT NO STUDENT SHOULD BE TURNED AWAY FROM RCTC DUE TO AN INABILITY TO PAY TUITION. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 2320 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 2320 |
| IRS990/AllOtherContributionsAmt | 0 | 574561 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | KRISTIN MANNIX |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5072817770 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 851 30TH AVENUE SE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ROCHESTER |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55904 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 388079 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 437520 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 730 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 730 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContriRptFundraisingEventAmt | 0 | 30398 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 604959 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 327736 |
| IRS990/CYInvestmentIncomeAmt | 0 | 231537 |
| IRS990/CYOtherExpensesAmt | 0 | 83112 |
| IRS990/CYOtherRevenueAmt | 0 | -10204 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 415444 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 410848 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 16697 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 826292 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | ROCHESTER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION OFFERS A SCHOLARSHIP PROGRAM. THIS PROGRAM WORKS WITH NUMEROUS DONORS TO PROVIDE SCHOLARSHIPS FOR NEW, RETURNING AND GRADUATING RCTC STUDENTS. DURING THE 2023 FISCAL YEAR SCHOLARSHIPS WERE DISBURSED TO APPROXIMATELY 300 STUDENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 6757666 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 7797109 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 321594 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 26712 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 26712 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 23572 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 23572 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form1098CFiledInd | 0 | 1 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MATT HORACE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | OPAL RICHARDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PEGGY VEVANG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | PAULETTE TEIGEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ALLY HANTEN EBERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KATIE BECKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | AHMITARA ALWAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ALEX BRAINARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ANTHONY ZUCCO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | THU PARK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | LAURA SHEEHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | HEATHER DONOVAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | ALEX LAIR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | TONY JOSEPH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | MARKUS LANG |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR (END 6/30/23) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR (END 4/30/23) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR (END 9/6/22) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR (END 6/30/23) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | VICE PRESIDENT (END 6/30/23) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1961 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingAmt | 0 | 30398 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 13204 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 3000 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 13 |
| IRS990/GrantAmt | 0 | 321594 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 321594 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 321594 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 6142 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 6142 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 839496 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 13 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 8888 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 5000 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 13888 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1476 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1476 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 231537 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 231537 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 6622754 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 7510408 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 7176 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7176 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | IMPROVE LIVES WITH SUPPORT OF QUALITY, AFFORDABLE, ACCESSIBLE HIGHER EDUCATION. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 6860478 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 7875027 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -10204 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -10204 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 599030 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 102812 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 77918 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 5489 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 8773 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 14262 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 14494 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 14569 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 75 |
| IRS990/OtherExpensesGrp/Desc | 0 | OAKS EVENT EXPENSE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 152 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 152 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 182749 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 142015 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 16873 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 21693 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 43966 |
| IRS990/PrincipalOfficerNm | 0 | MARKUS LANG |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | ROCHESTER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION PROVIDES SUPPORT TO STUDENT CLUBS. FUNDS ARE ALLOCATED TO VARIOUS STUDENT CLUBS ON CAMPUS TO ASSIST IN THE COSTS OF THE ACTIVITIES. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 6142 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 6142 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | ROCHESTER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION PROVIDES STUDENT HANDS ON LEARNING. GIFTS-IN-KIND OF PROGRAM EQUIPMENT AND SUPPLIES ARE ALLOCATED TO DIFFERENT DEPARTMENTS AND PROGRAMS TO ASSIST STUDENTS IN HANDS-ON LEARNING. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 487200 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 292424 |
| IRS990/PYInvestmentIncomeAmt | 0 | 407564 |
| IRS990/PYOtherExpensesAmt | 0 | 82773 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 519567 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 375197 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 894764 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 415444 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 604959 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 487200 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 302184 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 219439 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 400619 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2014401 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 231537 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 407564 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 204078 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 178687 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 169626 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1191492 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.57710 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.72950 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1865501 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 148900 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 604959 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 487200 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 302184 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 219439 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 400619 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2014401 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3232494 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 26601 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 26601 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 0.00000 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 6757667 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 557967 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 7797109 |
| IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 325594 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 807069 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 44986 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 7977959 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 441549 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 6757667 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 235697 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -1381158 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 6481086 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 142436 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 7977959 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 254372 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 1608809 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 6704358 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 158215 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 6481086 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 371395 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -10092 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 5972880 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 654269 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 6704358 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 204717 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 281926 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 173349 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 173349 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 7176 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 7176 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 186553 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 23572 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 387276 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvestmentExpensesNotIncld2Amt | 0 | 23572 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 23572 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 599030 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 13204 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 142015 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | FUNDS, EQUIPMENT, AND SUPPLIES HELD FOR THE BENEFIT OF OTHERS |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 13279 |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.65000 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 785658 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 23572 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 802720 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ROCHESTER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION HAS ENDOWMENT FUNDS TO PROVIDE SCHOLARSHIPS AND SUPPORT TO STUDENTS AND PROGRAMS AT ROCHESTER COMMUNITY AND TECHNICAL COLLEGE. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR INCOME ON CERTAIN UNRELATED BUSINESS INCOME. AT JUNE 30, 2023, THERE IS NO MATERIAL AMOUNT OF UNRELATED BUSINESS INCOME. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER APPLICABLE MINNESOTA STATUTES. THE FOUNDATION HAS REVIEWED ITS TAX POSITIONS FOR ALL OPEN YEARS AND HAS CONCLUDED THAT NO MATERIAL LIABILITIES EXIST AS OF JUNE 30, 2023 OR 2022. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES BEYOND THREE YEARS FROM FILING. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 75. SPECIAL EVENTS EXPENSES RECLASSIFIED TO REVENUE 13,204. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | SPECIAL EVENTS EXPENSES RECLASSIFIED TO REVENUE 13,204. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART V, LINE 4: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 0.35000 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 410848 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $8,023,336
- Liabilities
- $148,309
- Net assets
- $7,875,027
- Revenue
- $826,292
- Expenses
- $410,848
- Net income
- $415,444