EIN 23-7083038

Tompkins Cortland Community College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
46
City
Year formed
1978
Most recent tax filings
2022-08-01
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
$6,781,975
2022
Total expenses
$9,342,124
2022
Total assets
$52,057,962
2022
Num. employees
46
2022

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. 241 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. Investments are managed by the Foundation to generate income to support scholarships and grants to Tompkins Cortland Community College and its students.

Who funds Tompkins Cortland Community College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Park Foundation / The Northern Trust CoTompkins Harvest$180,000
Park Foundation / The Northern Trust CoTompkins Cortland First Responders Fund$42,000
Park Foundation / The Northern Trust CoIthaca Chemical Dependency Counselors of Color$33,700
...and 4 more grants received

Personnel at Tompkins Cortland Community College Foundation

NameTitleCompensation
Mutale SokoniChief Financial Officer$0
Julie GergExecutive Director$0
Thomas VanderzeeChair$0
Stephen RomaineVice Chairman$0
Thomas LivigneChairman$0
...and 2 more key personnel

Financials for Tompkins Cortland Community College Foundation

RevenuesFYE 08/2022
Total grants, contributions, etc.$1,526,334
Program services$4,269,611
Investment income and dividends$500,904
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-13,735
Net gain from sale of non-inventory assets$498,662
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$199
Total revenues$6,781,975

Form 990s for Tompkins Cortland Community College Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-082022-07-14990View PDF
2020-082021-07-01990View PDF
2019-082020-12-18990View PDF
2018-082019-10-12990View PDF
2017-082018-10-16990View PDF
...and 7 more Form 990s
Data update history
August 20, 2023
Used new vendors
Identified 2 new vendors, including , and
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 13, 2023
Received grants
Identified 5 new grant, including a grant for $180,000 from Park Foundation / The Northern Trust Co
May 14, 2023
Received grants
Identified 1 new grant, including a grant for $15,000 from Truman Mildred Faulkner Foundation
May 8, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationReceives government fundingEndowed supportProvides scholarshipsTax deductible donations
General information
Address
170 N St
Dryden, NY 13053
Metro area
Ithaca, 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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