EIN 23-7083038

Tompkins Cortland Community College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
47
City
Year formed
1978
Most recent tax filings
2023-08-01
Description
The mission of the Tompkins Cortland Community College Foundation is to secure resources to enhance the learning opportunities for students of Tompkins Cortland Community College.
Also known as...
TC-3 Foundation College Foundation
Total revenues
$6,443,050
2023
Total expenses
$9,765,514
2023
Total assets
$50,674,979
2023
Num. employees
47
2023

Program areas at Tompkins Cortland Community College Foundation

Scholarships are awarded to students attending Tompkins Cortland Community College based on academic achievements. In addition, grants are given to purchase equipment and facilities for Tompkins Cortland Community College. 291 students received scholarships.
Tc3 bistro, llc d/b/a coltivare (tc3 bistro) is a wholly-owned subsidiary created for the purpose of supporting the College's academic programs in culinary arts, wine marketing, and hotel and restaurant management. Tc3 bistro's restaurant, full service bar, event space, and catering services provide students with a real-life setting for their academic lab environment.
Student housing is provided for the use of Tompkins Cortland Community College.
Classroom and office space is leased to Tompkins Cortland Community College. Tc3 farm, llc is a wholly-owned subsidiary created for the purpose of supporting the College's academic programs in culinary arts by growing fresh produce for sale to the public as well as for use at coltivare.

Who funds Tompkins Cortland Community College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Park Foundation / The Northern Trust CoStudent Family Housing$50,000
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$25,000
Truman Mildred Faulkner FoundationGrants-In-Aid To Tioga Cnty$15,000

Personnel at Tompkins Cortland Community College Foundation

NameTitleCompensation
Mutale SokoniChief Financial Officer$0
Julie GergExecutive Director$0
Regina GranthamChair$0
Thomas VanderzeeChairman / Board Member$0
Stephen RomaineVice Chairman$0
...and 3 more key personnel

Financials for Tompkins Cortland Community College Foundation

RevenuesFYE 08/2023
Total grants, contributions, etc.$1,667,205
Program services$4,286,874
Investment income and dividends$504,383
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-48,333
Net gain from sale of non-inventory assets$32,921
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,443,050

Form 990s for Tompkins Cortland Community College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-11990View PDF
2022-082023-07-13990View PDF
2021-082022-07-14990View PDF
2020-082021-07-01990View PDF
2019-082020-12-18990View PDF
...and 9 more Form 990s
Data update history
August 29, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 28, 2024
Updated personnel
Identified 1 new personnel
August 25, 2024
Used new vendors
Identified 2 new vendors, including , and
May 19, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from Truman Mildred Faulkner Foundation
December 25, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from Park Foundation / The Northern Trust Co
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
170 N St
Dryden, NY 13053
Metro area
Ithaca, NY
County
Tompkins County, NY
Website URL
tompkinscortland.edu/foundation 
Phone
(607) 844-8211
IRS details
EIN
23-7083038
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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