Civic Intelligence

Houston Community College Foundation

990 • Fiscal year 2019 • EIN 74-1885205

Sep 01, 2018 to Aug 31, 2019 • Filed on Feb 14, 2020

Organization ProfileWWW.HCCSFOUNDATION.ORG
3100 Main StreetHouston, TX 77002

(713) 718-8595

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.05x

Higher debt load relative to revenue than 17% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

19th percentile

-7.1%

Higher net margin than 19% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

12th percentile

-6.5%

Faster asset growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-0.9%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$15,456,583

Down $1,080,419 (-6.5%) from 2018

Net Assets

Down

$15,279,480

Down $970,493 (-6.0%) from 2018

Liabilities

Down

$177,103

Down $109,926 (-38%) from 2018

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin19th percentile

Revenue

Down

$3,689,955

Down $33,989 (-0.9%) from 2018

Expenses

Up

$3,953,636

Up $603,666 (+18%) from 2018

Net Income

Down

-$263,681

Down $637,655 (-171%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $8,987,180Liabilities 2011: $194,840Net Assets 2011: $8,792,3402011Assets 2012: $14,961,074Liabilities 2012: $21,557Net Assets 2012: $14,939,5172012Assets 2013: $14,286,321Liabilities 2013: $133,970Net Assets 2013: $14,152,3512013Assets 2014: $14,127,412Liabilities 2014: $22,880Net Assets 2014: $14,104,5322014Assets 2015: $15,899,503Liabilities 2015: $198,414Net Assets 2015: $15,701,0892015Assets 2016: $14,728,591Liabilities 2016: $370,805Net Assets 2016: $14,357,7862016Assets 2017: $15,672,926Liabilities 2017: $96,277Net Assets 2017: $15,576,6492017Assets 2018: $16,537,002Liabilities 2018: $287,029Net Assets 2018: $16,249,9732018Assets 2019: $15,456,583Liabilities 2019: $177,103Net Assets 2019: $15,279,4802019Assets 2020: $16,241,737Liabilities 2020: $171,130Net Assets 2020: $16,070,6072020Assets 2021: $19,733,211Liabilities 2021: $413,391Net Assets 2021: $19,319,8202021Assets 2022: $18,955,466Liabilities 2022: $1,156,671Net Assets 2022: $17,798,7952022Assets 2023: $20,394,884Liabilities 2023: $711,494Net Assets 2023: $19,683,3902023Assets 2024: $24,261,971Liabilities 2024: $1,730,348Net Assets 2024: $22,531,6232024

Highlighted filing

2019

Assets$15,456,583
Liabilities$177,103
Net Assets$15,279,480
Open 2019 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,601,122Expenses 2011: $3,002,330Net Income 2011: $2,598,7922011Revenue 2012: $11,968,389Expenses 2012: $5,978,116Net Income 2012: $5,990,2732012Expenses 2013: $4,228,1402013Revenue 2014: $2,961,587Expenses 2014: $3,663,400Net Income 2014: -$701,8132014Revenue 2015: $6,778,145Expenses 2015: $3,242,400Net Income 2015: $3,535,7452015Revenue 2016: $2,811,848Expenses 2016: $4,307,745Net Income 2016: -$1,495,8972016Revenue 2017: $3,716,589Expenses 2017: $2,814,958Net Income 2017: $901,6312017Revenue 2018: $3,723,944Expenses 2018: $3,349,970Net Income 2018: $373,9742018Revenue 2019: $3,689,955Expenses 2019: $3,953,636Net Income 2019: -$263,6812019Revenue 2020: $4,666,893Expenses 2020: $4,533,625Net Income 2020: $133,2682020Revenue 2021: $7,332,146Expenses 2021: $5,753,351Net Income 2021: $1,578,7952021Revenue 2022: $6,908,551Expenses 2022: $5,781,087Net Income 2022: $1,127,4642022Revenue 2023: $7,772,221Expenses 2023: $6,615,349Net Income 2023: $1,156,8722023Revenue 2024: $8,158,844Expenses 2024: $6,064,982Net Income 2024: $2,093,8622024

Highlighted filing

2019

Revenue$3,689,955
Expenses$3,953,636
Net Income-$263,681
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Feb 14, 2020
Return Version
2018v3.1
Gross Receipts
$18,686,557
Mission and Program Overview

Mission

The houston community college foundation helps hcc students succeed by providing scholarships and grants.

Empowers hcc student success through philanthropic support, aligned with hcc initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,588,716$14,558,122▼ $1,030,594
Pledges and Grants Receivable$452,264$356,943▼ $95,321
Savings and Temporary Cash Investments$304,753$340,555▲ $35,802
Cash and Non-Interest-Bearing Accounts$136,021$143,650▲ $7,629
Prepaid Expenses and Deferred Charges$55,248$57,313▲ $2,065
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$16,537,002$15,456,583▼ $1,080,419
Liabilities
Accounts Payable and Accrued Expenses$287,029$177,103▼ $109,926
Total Liabilities$287,029$177,103▼ $109,926
Net Assets / Fund Balance
Permanently Rstr Net Assets$10,166,522$9,849,615▼ $316,907
Temporarily Rstr Net Assets$5,416,394$4,877,342▼ $539,052
Unrestricted Net Assets$667,057$552,523▼ $114,534
Total Net Assets Fund Balance$16,249,973$15,279,480▼ $970,493
Total Liabilities and Net Assets / Fund Balance$16,537,002$15,456,583▼ $1,080,419

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$39,650$39,650

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$11,742,427$53,270▲ $257,111$408,697$11,376,908
2017$11,096,945$99,992▲ $635,239-$11,742,427
2016$9,592,781$1,123,145▲ $459,564$20,870$11,096,945
2015$7,336,424$2,208,671▲ $151,657$68,733$9,592,781
2014$6,420,809$1,258,964▼ $319,750$573$7,336,424
Compensation and Service Providers
Top Officer Pay13th percentile

Board Members and Trustees

NameTitle
David RegenbaumChairman of the Board
Mary R WilliamsImmediate Past Chairman of the Board
Ryan MccauleyVice Chairman of Fundraising
David ItzVice Chairman of Governance
Cyrus IraniVice Chairman of Strategic Planning
Adam J DimmickDirector
Antrece L BaggettDirector
Arturo G MichelDirector
Carlyn BurtonDirector
Cecelia AllenDirector
Charlene WhiteDirector
David E BakerDirector
Irsan TisnabudiDirector
Javed IqbalDirector
Jeanne PerdueDirector
Jesse BrownDirector
Karen BecerraDirector
Kenneth R Burton JrDirector
Lina SabouniDirector
Maria RiosDirector
Mary LawsonDirector
Roy MontalbanoDirector
Christina MoralesSecretary
Robert L FordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,711,987
Program Service Revenue
$0
Investment Income
$742,926
Other Revenue
$235,042
All Other Contributions
$2,698,714
Change in Net Assets
$-263,681

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table61$203,785Fair Market Value
Total Noncash Contributions61$203,785-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,584,891
Revenue Not Reported on Financial Statements
$105,064
Revenue Not Reported on Form 990
$548,427
Total Revenue per Audited Statements
$4,133,318
Total Revenue per Form 990
$3,689,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,211,515
Other Expenses$742,121
Total Fundraising Expense$212,016
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,211,515--$3,211,515
Fees for Service Investment Mgmnt Fees-$105,064-$105,064
Information Technology--$55,248$55,248
Office Expenses-$25,352$20,073$45,425
Other Expenses$26,292-$136,695$26,292
Occupancy-$14,400-$14,400
Fees for Services Other-$12,125-$12,125
All Other Expenses-$10,562-$10,562
Conferences and Meetings-$3,491-$3,491
Fees for Services Legal-$3,034-$3,034
Total Functional Expenses$3,567,592$174,028$212,016$3,953,636

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,103,811
Total Expenses per Form 990$3,953,636
Expenses per Audited Statements$3,848,572
Expenses Not Reported on Form 990$1,255,239
Expenses Not Reported on Financial Statements$105,064
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,010
Fundraising Direct Expenses$18,968
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Black History Scholarship Gala$57,283$44,010$6,978$37,032
Total Events$57,283$44,010$18,968$25,042
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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 A, Line 2

“Mary williams and david itz have a family relationship.”

Form 990, Part VI, Section A, Line 6

“Hccf is organized as a non profit corporation.”

Form 990, Part VI, Section B, Line 11B

“The form 990 will be provided to the president for review. Once the review is completed the president will supply the 990 to the full board of directors during the normal course of business.”

Form 990, Part VI, Section B, Line 12C

“There is an annual disclosure form that is required to be completed by all who are affected.”

Form 990, Part VI, Section B, Line 15A

“The organization determines compensation by using comparisons of similarly sized organizations to determine a going market rate.”

Form 990, Part VI, Section C, Line 19

“The organization makes its organizing documents and 990s available through written requests to the organization. The 990s are also available via the organizations website as well as through third party websites such as, guidestar.”

Filing and Contact Details

Filer

Filer Name
Houston Community College Foundation
EIN
74-1885205
Phone
7137188595
Address
3100 MAIN STREET, HOUSTON, TX 77002

Signing Officer

Name
Karen L Schmidt
Title
President
Phone
7134836518
Signed
2020-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen L Schmidt
Formed
1976
Legal Domicile
TX
Voting Board Members
24
Independent Board Members
24
Employees
0
Volunteers
10

Preparer

Firm
Carr Riggs & Ingram LLC
Address
TWO RIVERWAY 15TH FLOOR, HOUSTON, TX 77056
Preparer
Kristen Simpson
Phone
7136218090
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The foundation has a donor-restricted endowment fund which is maintained in accordance with explicit donor stipulations. The foundation is subject to the texas uniform prudent management of institutional funds act (the act) which has been enacted by the state of texas. The board of directors of the foundation has interpreted the act as requiring a focus on the entirety of a donorrestricted endowment fund, including the original gift amount and net appreciation. The act provides guidelines about what constitutes prudent spending and explicitly requires consideration of preservation of the fund. As a result of this interpretation, the foundation classifies the amount specified by explicit donor stipulation as an endowment as permanently restricted net assets. This amount is not reduced by losses on investments in the endowment fund or by approved appropriations for expenditure from the fund.”

PART X, LINE 2:

“The internal revenue service has determined that the foundation is a publicly supported organization as defined in the internal revenue code, sections 509(a)(1) and 170(b)(1)(a)(vi). Accordingly, the foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The foundation accounts for uncertain tax positions, when it is more likely than not, that such an asset or a liability will be realized. As of august 31, 2019 and 2018, management believes there were no uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Gala fundraising event expense 18,968.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Gala fundraising event expense 18,968.”

Raw XML AppendixShowing 400 of 650 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIRMAN OF GOVERNANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE CHAIRMAN OF STRATEGIC PLANNING
IRS990/Form990PartVIISectionAGrp/TitleTxt21VICE CHAIRMAN OF FUNDRAISING
IRS990/Form990PartVIISectionAGrp/TitleTxt22SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt23IMMEDIATE PAST CHAIRMAN OF THE BOARD
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt013273
IRS990/FundraisingDirectExpensesAmt018968
IRS990/FundraisingGrossIncomeAmt044010
IRS990/GainOrLossGrp/SecuritiesAmt0373082
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantAmt01929229
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03211515
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03211515
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt015350716
IRS990/GrossReceiptsAmt018686557
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt055248
IRS990/InformationTechnologyGrp/TotalAmt055248
IRS990/InvestmentIncomeGrp/ExclusionAmt0369844
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0369844
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015588716
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014558122
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt039650
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt039650
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt014977634
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HCC FOUNDATION EMPOWERS HCC STUDENT SUCCESS THROUGH PHILANTHROPIC SUPPORT, ALIGNED WITH KEY HCC INSTITUTIONAL INITIATIVES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016249973
IRS990/NetAssetsOrFundBalancesEOYAmt015279480
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0373082
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0373082
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt025042
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt025042
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-706812
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0203785
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt014400
IRS990/OccupancyGrp/TotalAmt014400
IRS990/OfficeExpensesGrp/FundraisingAmt020073
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt025352
IRS990/OfficeExpensesGrp/TotalAmt045425
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0IN-KIND CONTRIBUTION EX
IRS990/OtherExpensesGrp/Desc1FUNDRAISING
IRS990/OtherExpensesGrp/Desc2STUDENT SERVICES DISTRI
IRS990/OtherExpensesGrp/Desc3CHANCELLORS EXCELLENCE
IRS990/OtherExpensesGrp/FundraisingAmt0136695
IRS990/OtherExpensesGrp/ProgramServicesAmt0203785
IRS990/OtherExpensesGrp/ProgramServicesAmt1126000
IRS990/OtherExpensesGrp/ProgramServicesAmt226292
IRS990/OtherExpensesGrp/TotalAmt0203785
IRS990/OtherExpensesGrp/TotalAmt1136695
IRS990/OtherExpensesGrp/TotalAmt2126000
IRS990/OtherExpensesGrp/TotalAmt326292
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0VENDING INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0210000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0210000
IRS990/OtherRevenueTotalAmt0210000
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt010166522
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt09849615
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0452264
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0356943
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt055248
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt057313
IRS990/PrincipalOfficerNm0KAREN L SCHMIDT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0CAPITAL PROJECTS AND PROGRAM SUPPORT:THE HCC FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO SELECTED HCC PROGRAMS AND CAPITAL PROJECTS.FACULTY GRANTS AND AWARDS:THE HCC FOUNDATION RECOGNIZES OUR FACULTY MEMBERS' KEY ROLE IN ACHIEVING HCC'S MISSION. WE SUPPORT THEIR EFFORTS BY PROVIDING GRANTS FOR PROJECTS THAT HAVE THE POTENTIAL TO ADVANCE STUDENT LEARNING AT HCC. MANY FACULTY PROPOSALS REQUEST THE FOUNDATION'S FINANCIAL SUPPORT FOR PROFESSIONAL ENRICHMENT OPPORTUNITIES AND PROJECTS TO ENHANCE HCC LEARNING ENVIRONMENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01638363
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01282286
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03384326
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02654967
IRS990/PYInvestmentIncomeAmt0362591
IRS990/PYOtherExpensesAmt0691506
IRS990/PYOtherRevenueAmt0-22973
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0373974
IRS990/PYSalariesCompEmpBnftPaidAmt03497
IRS990/PYTotalExpensesAmt03349970
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03723944
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-263681
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0304753
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0340555
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02755997
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03384326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03306545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02356548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03839089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt015642505
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0369844
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0362591
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0336265
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0299642
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0755525
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02123867
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0210000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0210000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0210000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0211298
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0210000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01051298
IRS990ScheduleA/PublicSupportCY170Pct00.53000
IRS990ScheduleA/PublicSupportPY170Pct00.50850
IRS990ScheduleA/PublicSupportTotal170Amt09974130
IRS990ScheduleA/SubstantialContributorsTotAmt05668375
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,456,583
Liabilities
$177,103
Net assets
$15,279,480
Revenue
$3,689,955
Expenses
$3,953,636
Net income
-$263,681
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.3$1.73$22.5$8.16$6.06$2.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.4$0.71$19.7$7.77$6.62$1.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.0$1.16$17.8$6.91$5.78$1.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$0.41$19.3$7.33$5.75$1.58
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$0.17$16.1$4.67$4.53$0.13
2019Detailed filing. Detailed filing data is available for this year.$15.5$0.18$15.3$3.69$3.95$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.5$0.29$16.2$3.72$3.35$0.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.7$0.10$15.6$3.72$2.81$0.90
2016Detailed filing. Detailed filing data is available for this year.$14.7$0.37$14.4$2.81$4.31$1.50
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.9$0.20$15.7$6.78$3.24$3.54
2014Detailed filing. Detailed filing data is available for this year.$14.1$0.02$14.1$2.96$3.66$0.70
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$0.13$14.2$4.23
2012Summary only. Only limited summary data is available for this year.$15.0$0.02$14.9$12.0$5.98$5.99
2011Summary only. Only limited summary data is available for this year.$8.99$0.19$8.79$5.60$3.00$2.60