2023-05-11T15:04:21-07:00 2022-06-30 990 2021-07-01 363309063 TRINITY ROSELLE FOUNDATION TRIN 6308943263 405 Rush Street Roselle IL 60172 Peter Croner Director 6308943263 2023-05-11 1 11 1 AAL2 2021 2023-04-26 12:10:37Z Reverend Jonathan D Petzold 405 Rush Street Roselle IL 60172 343837 0 X www.trinityrosellefoundation.com X 1983 IL Trinity Roselle Foundation is a supporting organization (501(c)(3) charitable foundation) supporting the special ministry opportunities of Trinity Evangelical Lutheran Congregation, U.A.C. and School in Roselle, Illinois. The foundation seeks to expand the Lord's work among His people, both in Roselle and beyond. 12 9 0 12 0 0 44208 136351 0 0 162409 205701 8210 1785 214827 343837 159735 103892 0 0 0 0 5000 5000 5000 9583 17010 174318 125902 40509 217935 2418127 2232702 6500 12300 2411627 2220402 X Trinity Roselle Foundation provides individuals wishing to partner with Trinity's promise, the opportunity to strengthen biblically sound ministries that enrich our community, as we build the impact to others with financial gifts and support beyond regular giving. Individuals are encouraged by the Foundation to share their blessings from God to extend our ability to bless others. Its gift giving acceptance policy is structured to enable donations and bequests to be prioritized and directed to ministries dearest to their hearts. 0 0 37979 37565 73758 School Endowment Fund -Contributions and earnings generated from investments within this fund are used to partner with Trinity Lutheran School providing assistance to school families wishing to send their children to the school but lack the financial means to afford full tuition. An independent organization analyzes applications for tuition assistance from both current and prospective school families. Needs-based assistance is provided to approved families through the school's Grant-in-Aid Program. Grants provided by the Foundation fill a portion of the tuition affordability gap for families that apply for and are approved for financial assistance through this program. Additionally, Foundation grants provide for the addition, modernization and replacement of technology, equipment and facilities needed by the school to maintain a state-of-the-art learning environment. Past funding has also provided for teacher training and parent workshops that sharpen parental skills that augment partnering with school faculty to help children develop into better students and responsible young Christians. 24702 24702 122641 T-Fund - Contributions and earnings generated within this fund are used to provide tuition assistance to school families that are also members of Trinity Lutheran Church. The fund was established by a church member as a way to show his gratitude to the church/school for providing assistance to his family when his children were attending Trinity Lutheran School. 16841 16425 49172 School Tuition Fund - Contributions and earnings generated from investments within this fund are used to provide financial support to all Trinity Lutheran School families. Following the spending policy in place, a Board-determined amount is made available on an annual basis to registered school families during the registration process. This assistance helps make Trinity Lutheran School a bit more affordable for all school families by cushioning the impact of annual increases to the cost of education passed along through higher tuition and fees. 28080 25200 98266 General Foundation Fund - Contributions and earnings generated from investments within this fund are used to provide assistance for a variety of Board approved grant requests. Funding requests have covered grants to local schools to purchase supplies for needy families, ongoing support to local not-for-profit organizations within the community, and to cover the cost of financial acumen classes for individuals experiencing difficulty in managing their personal finances. Church Endowment Fund - Contributions and earnings generated from investments within this fund are used to provide assistance to the church for special needs beyond normal budgetary items such as special Covid-19 equipment. Prange-Mueller Endowment Fund - Contributions and earnings generated from investments within this fund are used to provide assistance to individuals wishing to go into church and ministry work. Assistance may be in the form of special training, tuition for college classes and seminary attendance among others. Other Dedicated Funds - represents miscellaneous small funds. 28080 25200 98266 107602 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 IL X Peter Croner 6308943263 405 Rush Street Roselle IL 60172 Reverend Jonathan D Petzold President and Director 2 40 X X 0 50608 67964 Carole J Arco Treasurer and Director 2 40 X X 0 67021 32880 Reverend Charles S Mueller Jr Former President and Director 0 0 X 0 15407 77758 Dawn Koenig Vice Chairperson and Director 1.00 40 X X 0 4132 87425 Peter Croner Director 3 30 X 0 13433 19642 Andy Trosper Chairperson and Director 3 0 X X 0 0 0 Theresa Mittelbrun Secretary and Director 3 8 X X 0 0 0 Brandon Epting Director 1 0 X 0 0 0 John Berka Director 3 0 X 0 0 0 John Kelm Director 3 0 X 0 0 0 David Bowen Director 1 0 X 0 0 0 Charlie Murin Director 1 0 X 0 0 0 Jeff Behrens Director 1 0 X 0 0 0 0 150601 285669 0 1 0 0 0 0 0 0 0 0 136351 0 136351 0 0 0 0 0 196003 196003 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9698 0 0 0 9698 0 9698 9698 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Surrender Value-Life Insurance 900001 1785 1785 0 0 0 0 0 0 1785 343837 207486 0 0 102892 102892 1000 1000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1300 1300 0 12000 0 12000 0 0 0 0 0 5000 5000 0 0 0 0 0 0 0 0 1793 1793 0 0 637 637 0 0 1280 1280 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 125902 107602 13300 5000 57362 78126 0 0 0 0 192 0 0 0 0 0 28419 3998 0 0 0 0 0 2298172 2114811 0 0 0 0 0 0 33982 35767 2418127 2232702 6500 12300 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6500 12300 X 2224898 1998611 186729 221791 2411627 2220402 2418127 2232702 217935 -409160 0 0 0 0 X 0 1 X 0 0 X 30926 8509 20700 44208 36351 140694 0 0 0 0 0 0 0 0 0 0 0 0 30926 8509 20700 44208 36351 140694 15476 125218 132632 135318 86968 162409 205701 723028 0 0 0 0 0 0 0 0 0 0 0 0 863722 0 0.14497 0.16487 X Trinity Roselle Foundation maintains an active marketing program including solicitation of contributions from members of Trinity Lutheran Church and School. The Board of Directors maintains a comprehensive marketing and communications program that actively involves its board members. Efforts include personal contacts of prospective contributors, no-cost workshops to provide hands-on assistance to participants to understand the value for and development of a sound estate plan, and the sponsorship of informational dinners with church members to broaden awareness of what the foundation does. The foundation annually co-sponsors a Christmas Toy Store that provides new toys to families experiencing financial struggles, making new toys available to purchase at a nominal charge. While the public support test was not met again this year, the foundation benefits from a growing group of supporters within the church family, and has been truly blessed by a long-time member with substantial means establishing an annual endowment to assist school families that are also church members with the cost of tuition. These annual contributions have been ignored following the instructions to eliminate 'unusual gifts.' The support test percentage is also greatly impacted by the continued significant investment earnings of the invested corpus. Investment earnings significantly raise the denominator of the support test equation making it much more challenging to meet the 33 1/3 ratio. As noted, the foundation has enjoyed a growing list of donors over the past several years with the total number of individual contributors approaching 150. For all of the reasons stated above, the board feels strongly that Trinity Roselle Foundation meets the 10% Facts-and-Circumstances test for all years. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2031406 131886 -173538 81216 0 27056 1881482 1724650 55494 421504 159025 0 11217 2031406 1597537 120071 66155 43800 0 15313 1724650 1501583 7501 139278 39300 0 11525 1597537 1444099 27059 93253 51100 0 11728 1501583 0.8881 0 0.1119 0 0 -65323 -409160 0 0 0 -409160 343837 0 0 0 343837 125902 0 0 0 0 0 125902 0 0 0 125902 Schedule D, Part V, Line 4 Schedule D, Part V, Line 4 Explanation - The endowment funds of Trinity Roselle Foundation exist to provide financial support to each of the respective endowment fund categories. The Trinity Lutheran School Endowment Fund provides funding to the school for various needs including technology updates, security enhancements, and tuition assistance for specific families experiencing financial hardship. The Trinity Lutheran School Tuition Fund provides tuition assistance to all school families as a means of reducing the cost of tuition and the impact of annual increases in tuition and fees. The T-Fund provides school tuition assistance to church member families made possible by a generous gift by a long-time church member, and now by his charitable trust following his passing. The Trinity Lutheran Church Endowment Fund provides financing for special projects and initiatives that are outside and beyond what is possible through regular church member contributions. The Prange-Mueller Fund provides funding to assist church workers to further their education and training, and to assist prospective church workers in affording seminary and other higher education expenses. 1 Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501 (c)(3) 37565 0 $34,065 represented funds in support of the Grant-in-Aid tuition assistance program that provides financial assistance to families in financial need to cover a part of the tuition costs. $3,500 covered the accreditation costs for Trinity Lutheran School. Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501 (c)(3) 16425 0 The full amount of this grant supported the general tuition assistance program that provides annual tuition assistance to all families that accept the support. The purpose is to provide some relief to all school families to cover annual increases in the cost of education. Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501 (c)(3) 24702 0 The full amount of this grant provided tuition assistance to all school families that are also members of Trinity Evangelical Lutheran Church, U.A.C. This fund was created by a long-time church member as a way of showing his appreciation to the church and school for the support shown him and his family over the years. Trinity Lutheran Church 405 Rush Street Roselle IL 60172 362415161 501 (c)(3) 14200 0 $10,000 of the total represented a contribution to the church to be matched and passed on to the Northern Illinois District of the Lutheran Church Missouri Synod in support of a maternity home being sponsored in the Northern Illinois district. The remaining $4,200 covered the cost of sponsoring a music intern for the summer from Concordia University. Phil's Friends 1150 N Swift Road Addison IL 60101 203087488 501 (c)(3) 10000 0 General funding assistance for operations. 2 0 Schedule I, Part I, Line 2 Schedule I, Part I, Line 2 - Trinity Lutheran Church and School is a related organization so that grants are easily monitored to assure that funds are used as intended according to the grant application purpose. For grants awarded to non-related organizations, the foundation requires follow up progress reporting by the recipient organization at a time appropriate to the implementation timeline of the specific request. This requirement is clearly specified in the grant application form. X 1 1 0 0 0 0 0 0 0 0 0 Reverend Charles S Mueller Jr Former President and Director 0 73527 0 0 0 0 0 0 0 19638 0 93165 0 0 Carole J Arco Treasurer and Director 0 81021 0 0 0 0 0 0 0 18880 0 99901 0 0 Dawn Koenig Vice Chairperson and Director 0 73132 0 0 0 0 0 0 0 18425 0 91557 0 0 Peter Croner Director 0 19433 0 0 0 0 0 0 0 13642 0 33075 0 0 Reverend Jonathan D Petzold President and Director 0 96446 0 0 0 0 0 0 0 22126 0 118572 0 0 Schedule J, Part I, Line 1a Certain employees of a related organization, specifically Trinity Evangelical Lutheran Church UAC and School, have the designation as 'Ministers of the Gospel', or 'Called Workers.' These individuals submit an annual report of their allowable housing costs that qualify for special income tax treatment for approval by the Church Council. These amounts once approved by Church Council, are specially coded as 'Clergy Housing' in the payroll system and reported as such on their respective W-2 Forms. Form 990, Part III, Line 4d General Foundation Fund - Contributions and earnings generated from investments in this fund are used to provide assistance for a variety of Board approved grant requests. In the past, funding requests have covered grants to local public schools to purchase school supplies for families in need, provide financial assistance to unrelated organizations, and to cover the cost of financial acumen classes for families experiencing financial challenges to name a few. Trinity Lutheran Church Endowment Fund - Contributions and earnings generated from investments in this fund are used to provide assistance to the church for special needs that are outside of the normal budgetary lines. Prange-Mueller Endowment Fund - Contributions and earnings from invested assets are used to provide financial assistance to individuals wishing to go into church and other ministry work. Assistance may be in the form of special training, tuition for college and/or seminary classes. Dedicated Funds - represents miscellaneous small funds. Form 990, Part VI, Section B, Line 11b Form 990, Part VI, Section B, Line 11b - Peter Croner (Director) is responsible for the preparation of all financial reporting, including the annual Form 990 and supporting schedules. He also serves as liaison to the organization's outside accounting firm, who is available for guidance as needed for accounting and reporting questions. No such guidance was required for the current Form 990 and the outside accounting firm has not reviewed this document. Peter follows due diligence throughout the reporting process to assure accuracy and compliance in all of the organization's financial reporting. The accounting firm this fiscal year ended June 30, 2022 provided audit services which served as a verification check and data source for reported values in this Form 990. The Board of Directors was provided a draft copy of this Form 990 with supporting schedules prior to electronically filing the report for their review. Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - Board members are expected to be familiar with the Conflict of Interest Policy and all other policies, and are to notify the Board when a potential conflict of interest arises. If a potential conflict of interest could impact impartiality by a Board member, the individual will be required to recuse themselves from participation in the voting process for the matter in question. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - Trinity Roselle Foundation maintains a dedicated website. Information about the Foundation and its activities is available for review on the website. Financial information, Board of Director information, Foundation policies, descriptions of the various funds and how to donate are all available on the website (www.trinityrosellefoundation.com). A note describing how to request a copy of Form 990 and supporting schedules is included in the financial forms section of the website. Trinity Evangelical Lutheran Congregation UAC 405 Rush Street Roselle IL 60172 362415161 Church and Private School IL 501(C)(3) 501(C)(3) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 Trinity Evangelical Lutheran Congregation UAC b 92892 This was comprised of all cash grants. Trinity Evangelical Lutheran Congregation UAC (Trinity Lutheran Church) and Trinity Lutheran School fall under the same Employer Identification Number (36-2415161).