Civic Intelligence

Houston Community College Foundation

990 • Fiscal year 2020 • EIN 74-1885205

Sep 01, 2019 to Aug 31, 2020 • Filed on Mar 03, 2021

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

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

13th percentile

0.04x

Higher debt load relative to revenue than 13% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

46th percentile

2.9%

Higher net margin than 46% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

45th percentile

5.1%

Faster asset growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

82nd percentile

26%

Faster revenue growth than 82% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$16,241,737

Up $785,154 (+5.1%) from 2019

Net Assets

Up

$16,070,607

Up $791,127 (+5.2%) from 2019

Liabilities

Down

$171,130

Down $5,973 (-3.4%) from 2019

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin46th percentile

Revenue

Up

$4,666,893

Up $976,938 (+26%) from 2019

Expenses

Up

$4,533,625

Up $579,989 (+15%) from 2019

Net Income

Up

$133,268

Up $396,949 (+151%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2020

Assets$16,241,737
Liabilities$171,130
Net Assets$16,070,607
Open 2020 Filing

Operations Trend

Revenue Growth82nd 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

2020

Revenue$4,666,893
Expenses$4,533,625
Net Income$133,268
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Mar 3, 2021
Return Version
2019v5.2
Gross Receipts
$9,343,493
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$14,558,122$15,248,034▲ $689,912
Pledges and Grants Receivable$356,943$421,776▲ $64,833
Savings and Temporary Cash Investments$340,555$274,208▼ $66,347
Cash and Non-Interest-Bearing Accounts$143,650$172,996▲ $29,346
Prepaid Expenses and Deferred Charges$57,313$124,723▲ $67,410
Land, Buildings, and Equipment, Net$0--
Total Assets$15,456,583$16,241,737▲ $785,154
Liabilities
Accounts Payable and Accrued Expenses$177,103$171,130▼ $5,973
Total Liabilities$177,103$171,130▼ $5,973
Net Assets / Fund Balance
Net Assets With Donor Restrictions$14,726,957$15,656,209▲ $929,252
Net Assets Without Donor Restrictions$552,523$414,398▼ $138,125
Total Net Assets Fund Balance$15,279,480$16,070,607▲ $791,127
Total Liabilities and Net Assets / Fund Balance$15,456,583$16,241,737▲ $785,154

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$11,376,908$210,786▲ $955,922-$12,486,608
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
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
David RegenbaumChairman of the Board
Adam J DimmickCommittee Chair
Carlyn BurtonCommittee Chair
Jeanne PerdueCommittee Chair
Mary R WilliamsImmediate Past Chairman of
Ryan MccauleyVice Chairman of Fundraisi
David ItzVice Chairman of Governanc
Cyrus IraniVice Chairman of Strategic
Antrece L BaggettDirector
Arturo G MichelDirector
Cecelia AllenDirector
Charlene WhiteDirector
Deepika Verma AgarwalDirector
Festus Adeleke AmoyeDirector
Irsan TisnabudiDirector
Javed IqbalDirector
Jesse BrownDirector
Karen BecerraDirector
Kenneth R Burton JrDirector
Kim Shelton-brownDirector
Lina SabouniDirector
Maria RiosDirector
Mary LawsonDirector
Mary W MurrinDirector
Misty Mousa-lanzaDirector
Roy MontalbanoDirector
Tracy JandaDirector
Christina MoralesSecretary
Robert L FordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,124,255
Program Service Revenue
$0
Investment Income
$459,116
Other Revenue
$83,522
All Other Contributions
$4,124,255
Change in Net Assets
$133,268

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 Table66$951,891Fair Market Value
Cars and Other Vehicles1$197,600Fair Market Value
Total Noncash Contributions67$1,149,491-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,605,347
Revenue Not Reported on Financial Statements
$61,546
Revenue Not Reported on Form 990
$2,100,787
Total Revenue per Audited Statements
$6,706,134
Total Revenue per Form 990
$4,666,893
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,843,589
Other Expenses$1,690,036
Total Fundraising Expense$417,421
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,843,589--$2,843,589
Fees for Service Investment Mgmnt Fees-$61,546-$61,546
Information Technology--$55,247$55,247
Other Expenses$30,349-$221,706$30,349
Office Expenses-$21,139$8,260$29,399
Fees for Services Other-$28,695-$28,695
Fees for Services Legal-$15,025-$15,025
Occupancy-$14,400-$14,400
All Other Expenses-$178-$178
Total Functional Expenses$3,975,221$140,983$417,421$4,533,625

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,915,007
Total Expenses per Form 990$4,533,625
Expenses per Audited Statements$4,472,079
Expenses Not Reported on Form 990$1,442,928
Expenses Not Reported on Financial Statements$61,546
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$212,485
Fundraising Gross Income$173,507
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Black History Scholarship Gala$173,507$173,507$41,966$131,541
Total Events$173,507$173,507$212,485$-38,978
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 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
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
2021-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen L Schmidt
Formed
1976
Legal Domicile
TX
Voting Board Members
29
Independent Board Members
29
Employees
0
Volunteers
15

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, 2020 and 2019, management believes there were no uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Gala fundraising event expense 38,978.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Gala fundraising event expense 38,978.”

Raw XML AppendixShowing 400 of 669 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/PersonNm14CECELIA ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm15ANTRECE L BAGGETT
IRS990/Form990PartVIISectionAGrp/PersonNm16ADAM J DIMMICK
IRS990/Form990PartVIISectionAGrp/PersonNm17IRSAN TISNABUDI
IRS990/Form990PartVIISectionAGrp/PersonNm18DEEPIKA VERMA AGARWAL
IRS990/Form990PartVIISectionAGrp/PersonNm19FESTUS ADELEKE AMOYE
IRS990/Form990PartVIISectionAGrp/PersonNm20TRACY JANDA
IRS990/Form990PartVIISectionAGrp/PersonNm21MISTY MOUSA-LANZA
IRS990/Form990PartVIISectionAGrp/PersonNm22MARY W MURRIN
IRS990/Form990PartVIISectionAGrp/PersonNm23KIM SHELTON-BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm24ROBERT L FORD
IRS990/Form990PartVIISectionAGrp/PersonNm25CYRUS IRANI
IRS990/Form990PartVIISectionAGrp/PersonNm26RYAN MCCAULEY
IRS990/Form990PartVIISectionAGrp/PersonNm27CHRISTINA MORALES
IRS990/Form990PartVIISectionAGrp/PersonNm28MARY R WILLIAMS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIRMAN OF GOVERNANC
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt25VICE CHAIRMAN OF STRATEGIC
IRS990/Form990PartVIISectionAGrp/TitleTxt26VICE CHAIRMAN OF FUNDRAISI
IRS990/Form990PartVIISectionAGrp/TitleTxt27SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt28IMMEDIATE PAST CHAIRMAN OF
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IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0212485
IRS990/FundraisingGrossIncomeAmt0173507
IRS990/GainOrLossGrp/SecuritiesAmt052033
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt029
IRS990/GrantAmt01131531
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02843589
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02843589
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04516148
IRS990/GrossReceiptsAmt09343493
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt029
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt055247
IRS990/InformationTechnologyGrp/TotalAmt055247
IRS990/InvestmentIncomeGrp/ExclusionAmt0407083
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0407083
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014558122
IRS990/InvestmentsPubTradedSecGrp/EOYAmt015248034
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04464115
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/NetAssetsOrFundBalancesBOYAmt015279480
IRS990/NetAssetsOrFundBalancesEOYAmt016070607
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt052033
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt052033
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-38978
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-38978
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IRS990/NetUnrlzdGainsLossesInvstAmt0657859
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0552523
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0414398
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IRS990/NoncashContributionsAmt01149491
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt014400
IRS990/OccupancyGrp/TotalAmt014400
IRS990/OfficeExpensesGrp/FundraisingAmt08260
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021139
IRS990/OfficeExpensesGrp/TotalAmt029399
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc1FUNDRAISING
IRS990/OtherExpensesGrp/Desc2STUDENT SERVICES DISTRI
IRS990/OtherExpensesGrp/Desc3CHANCELLORS EXCELLENCE
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IRS990/OtherExpensesGrp/FundraisingAmt1221706
IRS990/OtherExpensesGrp/ProgramServicesAmt01017283
IRS990/OtherExpensesGrp/ProgramServicesAmt184000
IRS990/OtherExpensesGrp/ProgramServicesAmt230349
IRS990/OtherExpensesGrp/TotalAmt01149491
IRS990/OtherExpensesGrp/TotalAmt1221706
IRS990/OtherExpensesGrp/TotalAmt284000
IRS990/OtherExpensesGrp/TotalAmt330349
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IRS990/OtherRevenueTotalAmt0122500
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IRS990/PrincipalOfficerNm0KAREN L SCHMIDT
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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.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt01712058
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03211515
IRS990/PYInvestmentIncomeAmt0742926
IRS990/PYOtherExpensesAmt0742121
IRS990/PYOtherRevenueAmt0235042
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-263681
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03953636
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03689955
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0133268
IRS990/RegularMonitoringEnfrcInd01

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,241,737
Liabilities
$171,130
Net assets
$16,070,607
Revenue
$4,666,893
Expenses
$4,533,625
Net income
$133,268
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
2020Detailed filing. Detailed filing data is available for this year.$16.2$0.17$16.1$4.67$4.53$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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