2023-08-31T13:49:43-04:00 2022-12-31 460257538 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2022-01-01 363608635 BLACK HILLS AREA COMMUNITY FOUNDATION BLAC 6057180112 803 ST JOSEPH STREET RAPID CITY SD 57701 ELIZABETH HAMBURG EXECUTIVE DIRECTOR 6057180112 2023-08-31 true ELIZABETH HAMBURG 999009999 true TRACI HANSON CPA P02055725 6053425630 2023-08-31 2022 2023-04-26 12:10:37Z ELIZABETH HAMBURG 40312945 false X WWW.BHACF.ORG X 1987 SD EDUCATIONAL, SCIENTIFIC, LITERARY AND CHARITABLE SUPPORT IN BROAD AREAS INCLUDING DEVELOPMENT OF BOTH QUALITY AND QUANTITY OF ECONOMIC GROWTH IN THE RAPID CITY AND BLACK HILLS AREA 17 17 8 19 0 12588395 15107358 0 -104874 1813707 11666 13162 12495187 16934227 2636695 4165573 0 383342 577361 0 56328 494190 537820 3514227 5280754 8980960 11653473 46752001 53430728 13358710 15265919 33393291 38164809 EDUCATIONAL, SCIENTIFIC, LITERARY AND CHARITABLE SUPPORT IN BROAD AREAS INCLUDING DEVELOPMENT OF BOTH QUALITY AND QUANTITY OF ECONOMIC GROWTH IN THE RAPID CITY AND BLACK HILLS AREA false false 4960486 4165573 THE FOUNDATION PROVIDES EDUCATIONAL SCHOLARSHIPS AND DONATIONS TO VARIOUS COMMUNITY ORGANIZATIONS IN ORDER TO IMPROVE THE QUALITY OF LIFE OF THE PEOPLE IN THE BLACK HILLS REGION. 88894 THE FOUNDATION POOLS INVESTMENTS FOR VARIOUS COMMUNITY CHARITIES, IN ORDER TO INVEST THEIR FUNDS AT FAVORABLE INVESTMENT RATES WITH RELIABLE INVESTMENT VEHICLES. 5049380 true true false false false true false false true true true false true false true true true false false false false false false false false false false true true false false false false false false false false false true false false false false false false false false true 12 0 8 true false false false false false false false false false false false false false false false X 17 17 false false false false false false false true true false false true true true true true true true true false SD X ELIZABETH HAMBURG 6057180112 803 ST JOSEPH STREET RAPID CITY SD 57701 ELIZABETH HAMBURG EXECUTIVE DI 45.00 X 140400 0 7020 STEVE HELMERS CHAIR 1.00 X X 0 0 0 TERRY HERMANN VICE CHAIR 1.00 X X 0 0 0 KELLY BUNTROCK TREASURER 1.00 X X 0 0 0 STEVE FLANERY SECRETARY 1.00 X X 0 0 0 MARGARET PRAHL PAST CHAIR 1.00 X X 0 0 0 LAURA SCHAD DIRECTOR 1.00 X 0 0 0 SANDRA MCFARLAND DIRECTOR 1.00 X 0 0 0 PATRICK BURCHILL DIRECTOR 1.00 X 0 0 0 MAEGEN WALLUM DIRECTOR 1.00 X 0 0 0 ED STARR DIRECTOR 1.00 X 0 0 0 JACQUE FULLER DIRECTOR 1.00 X 0 0 0 ANITA SILVER DIRECTOR 1.00 X 0 0 0 JOSEPH LUX DIRECTOR 1.00 X 0 0 0 KASSIE MCKIE SHIFFERMILLER DIRECTOR 1.00 X 0 0 0 DR ROGER KNUTSEN DIRECTOR 1.00 X 0 0 0 MIKE TENNYSON DIRECTOR 1.00 X 0 0 0 PRISCILLA ROMKEMA PHD DIRECTOR 1.00 X 0 0 0 140400 7020 1 false false false 15107358 867132 15107358 743533 743533 24438753 10139 23378718 1060035 10139 1070174 1070174 CASH VALUE LIFE INSURANCE 900099 12168 12168 MISCELLANEOUS REV 900099 994 994 13162 16934227 994 1825875 4096852 4096852 68721 68721 147420 95823 44226 7371 375198 262638 75040 37520 14599 12300 1569 730 40144 31312 6825 2007 72506 58005 10876 3625 88894 88894 5343 5343 6890 6890 22629 14330 8299 35004 35004 20592 11545 9047 35405 22676 7654 5075 8217 4602 3615 30925 30925 76 38 38 23995 19859 4136 SUPPLIES & SPEC EVENTS 187344 183623 3721 5280754 5049380 175046 56328 4493322 1809245 809347 790121 1869 1869 33810 33130 756 680 41299467 50685998 147240 142815 46752001 53430728 20228 40141 13290567 13194291 2000000 47915 31487 13358710 15265919 X 32727084 36554586 666207 1610223 33393291 38164809 46752001 53430728 X 11653473 -6577558 -304397 X false true X true false X 6867735 8806618 5176466 12588395 15107358 48546572 6867735 8806618 5176466 12588395 15107358 48546572 20531384 28015188 421497 909946 734083 513920 743533 3322979 9215 11154 11194 11665 12168 55396 51924947 1979 0.53950 0.48610 X PART II, LINE 10 OTHER INCOME 43,228 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 52 5263946 1153839 13240367 true true false true X 13648969 2002066 -1920573 555451 13175011 11436752 1035015 1677362 500160 13648969 9862646 670740 1299453 396087 11436752 6969303 1723423 1513487 343567 9862646 7169795 588842 -453608 355726 6969303 0.97350 0.01840 0.00810 false false 1143 463 680 32667 32667 680 COMMON STOCK 28977323 F TREASURY BONDS 12756026 F MUTUAL FUNDS 8952649 F 50685998 LEASE LIABILITY - OPERATING LEASE 31487 31487 X 10452719 -6577558 44312 451905 -6081341 16534060 88894 311273 400167 16934227 5681201 44312 445029 489341 5191860 88894 88894 5280754 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE FOUNDATION ACTS AS AN AGENT FOR DONORS BY RECEIVING ASSETS UNDER AGREEMENTS IN WHICH THE DONOR HAS NAMED ITSELF AS THE BENEFICIARY. FOR FINANCIAL STATEMENT PURPOSES, THE FOUNDATION HAS RECOGNIZED A LIABILITY TO THE DONOR. THE DONORS INTEND TO ENDOW SUCH FUNDS WITH THE FOUNDATION, AND EXPECT THAT CERTAIN PRINCIPAL AND INVESTMENT GAIN OR LOSS WILL BE RETURNED. SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS NOT CONSIDERED A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(1) AND QUALIFES FOR DEDUCTIBLE CONTRIBUTIONS UNDER SECTION 170(B)(1)(A)(VI). THE FOUNDATION IS NOT LIABLE FOR INCOME TAXES IF IT OPERATES WITHIN THE CONFINES OF ITS EXEMPT STATUS. HOWEVER, THE FOUNDATION MAY BE RESPONSIBLE FOR TAXES ON UNRELATED BUSINESS ACTIVITIES. IN THE EVENT OF AN EXAMINATION OF THE INCOME TAX RETURNS BY TAXING AUTHORITIES, THE TAX LIABILITY OF THE FOUNDATION COULD BE CHANGED IF AN ADJUSTMENT IN THE TAX-EXEMPT PURPOSE IS DETERMINED OR THE TAXING AUTHORITIES DETERMINE THE FOUNDATION HAS ENGAGED IN UNRELATED BUSINESS ACTIVITES. THERE WERE NO UNRELATED BUSINESS ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2022. AS OF DECEMBER 31, 2022, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATION, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN THE TAX LAW AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION BELIEVES ITS ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, ARE INCLUDED IN INTEREST EXPENSE. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUND MANAGEMENT FEES 451,905 SCHEDULE D, PAGE 4, PART XI, LINE 4B INTERFUND CLASSIFICATIONS 311,273 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUND MANAGEMENT FEES 445,029 true ABSAROKEE COMMUNITY FOUNDATION PO BOX 72 ABSAROKEE MT 59001 731658638 3 5500 EDUCATION AMERICAN RED CROSS 1221 N MAPLE AVENUE RAPID CITY SD 57701 530196605 3 16350 COMMUNITY WELFARE BATTLE MOUNTAIN HUMANE SOCIETY 14109 SD HWY 40 HERMOSA SD 57744 205814735 3 16159 COMMUNITY WELFARE BEAR BUTTE CREEK HISTORICAL PRESERV PO BOX 445 STURGIS SD 57785 851403504 3 10000 EDUCATION BIG BROTHERS BIG SISTERS 425 KANSAS CITY ST RAPID CITY SD 57701 460282706 3 68117 COMMUNITY WELFARE BLACK HILLS COMMUNITY THEATRE PO BOX 4007 RAPID CITY SD 57709 510172470 3 7835 COMMUNITY WELFARE BLACK HILLS POW-WOW ASSOCIATION PO BOX 8131 RAPID CITY SD 57709 460395691 3 8000 COMMUNITY WELFARE BLACK HILLS RAPTOR CENTER PO BOX 9713 RAPID CITY SD 57709 274423598 3 35000 COMMUNITY WELFARE BLACK HILLS TENNIS ASSOCIATION 13487 SORREL CT RAPID CITY SD 57702 710952028 3 13966 COMMUNITY WELFARE BLACK HILLS WAR MONUMENT 1601 MOUNT RUSHMORE RD STE 3-103 RAPID CITY SD 57701 873419521 3 58882 EDUCATION BLACK HILLS WORKS FOUNDATION 3650 RANGE ROAD RAPID CITY SD 57702 460363653 3 27000 COMMUNITY WELFARE BOYS AND GIRLS CLUB OF THE BLACK HI PO BOX 677 HILL CITY SD 57745 460332124 3 30000 COMMUNITY WELFARE CALVARY LUTHERAN CHURCH 5311 SHERIDAN LAKE ROAD RAPID CITY SD 57702 460277588 3 28350 COMMUNITY WELFARE CHILDRENS HOME FOUNDATION PO BOX 1749 SIOUX FALLS SD 57101 460366277 3 105973 COMMUNITY WELFARE COMMONBOND COMMUNITIES 1080 MONTREAL AVE ST PAUL MN 55116 411260469 3 1800000 COMMUNITY WELFARE CORNERSTONE RESCUE MISSION PO BOX 2188 RAPID CITY SD 57709 363296431 3 7300 COMMUNITY WELFARE CUSTER CITY FIRE DEPARTMENT PO BOX 823 CUSTER SD 57730 460273350 3 10000 COMMUNITY WELFARE DIVINE SHERPHERD LUTHERAN CHURCH 7308 WEDGEWOOD DR BLACK HAWK SD 57718 460396665 3 6500 COMMUNITY WELFARE EMMANUEL EPISCOPAL CHURCH 717 QUINCY ST RAPID CITY SD 57701 466003974 3 33000 COMMUNITY WELFARE FEEDING SOUTH DAKOTA 3511 N 1ST AVE SIOUX FALLS SD 57104 363293534 3 15450 COMMUNITY WELFARE FIRST WESLEYAN CHURCH 3040 MARTIN DR RAPID CITY SD 57703 460320675 3 5600 COMMUNITY WELFARE FORK REAL COMMUNITY CAFE 324 ST JOSEPH STREET RAPID CITY SD 57702 813611770 3 7500 COMMUNITY WELFARE FRIENDS OF SDPB PO BOX 5000 VERMILLION SD 57069 237310698 3 20121 COMMUNITY WELFARE HAAKON SCHOOL DISTRICT NO 27-1 PO BOX 730 PHILIP SD 57567 460309945 GOV 9300 COMMUNITY WELFARE HISTORIC HOMESTAKE OPERA HOUSE PO BOX 412 LEAD SD 57754 411901385 3 18480 COMMUNITY WELLFARE HUMANE SOCIETY OF CUSTER AREA 707 LINCOLN ST CUSTER SD 57730 460431701 3 8500 COMMUNITY WELFARE HUMANE SOCIETY OF THE BLACK HILLS 1820 E ST PATRICK ST RAPID CITY SD 57701 460396967 3 55193 COMMUNITY WELFARE IZAAK WALTON LEAGUE RC CHAPTER PO BOX 969 RAPID CITY SD 57709 466014969 3 42334 COMMUNITY WELFARE JOURNEY ON 904 WASHINGTON STREET LEAD SD 57754 831024700 3 17000 COMMUNITY WELFARE KEEP HOT SPRINGS BEAUTIFUL PO BOX 945 HOT SPRINGS SD 57747 562628184 3 7745 COMMUNITY WELFARE LAKOTA NATION INVITATIONAL 3213 W MAIN STREET 425 RAPID CITY SD 57702 461310975 3 8000 COMMUNITY WELFARE LOVE INC PO BOX 3255 RAPID CITY SD 57702 460460539 3 6200 COMMUNITY WELFARE MAKE A WISH SOUTH DAKOTA 1400 W 17TH STREET SIOUX FALLS SD 57104 460375953 3 10000 COMMUNITY WELFARE MAMMOTH SITE OF HOT SPRINGS 1800 HWY 18 TRUCK RT HOT SPRINGS SD 57747 460337824 3 19650 COMMUNITY WELFARE MEADE COUNTY SCHOOL DISTRICT 1230 DOUGLAS ST STURGIS SD 57785 460307398 GOV 14838 EDUCATION NATURE CONSERVANCY INC PO BOX 234 RAPID CITY SD 57709 843404766 3 5125 COMMUNITY WELFARE ONEHEART 217 KANSAS CITY STREET STE 100 RAPID CITY SD 57701 834200317 3 506103 COMMUNITY WELFARE OPERATION BLACK HILLS CABIN PO BOX 855 CUSTER SD 57730 275144524 3 5786 COMMUNITY WELFARE OPERATION SMILE 3641 FACULTY BLVD VIRGINIA BEACH VA 23453 541460147 3 25000 COMMUNITY WELFARE PARTNERSHIP WITH NATIVE AMERICANS 16415 ADDISON RD STE 200 ADDISON TX 75001 473730147 3 20000 COMMUNITY WELFARE PENNINGTON COUNTY SHERIFFS OFFICE 300 KANSAS CITY ST STE 100 RAPID CITY SD 57701 883862288 3 12039 COMMUNITY WELFARE PHILIP HEALTH SERVICES PO BOX 790 PHILIP SD 57567 460361016 3 9300 COMMUNITY WELFARE RAPID CITY ARTS COUNCIL 713 7TH STREET RAPID CITY SD 57701 237176252 3 14901 EDUCATION RAPID CITY CLUB FOR BOYS INC 320 N 4TH ST RAPID CITY SD 57709 460277778 3 15750 COMMUNITY WELFARE RAPID CITY LIBRARY FOUNDATION PO BOX 1015 RAPID CITY SD 57709 460442680 3 50308 EDUCATION RURAL AMERICA INITIATIVES 919 MAIN ST 101 RAPID CITY SD 57701 460390273 3 6000 COMMUNITY WELFARE SALVATION ARMY PO BOX 3269 RAPID CITY SD 57709 222406433 3 18450 COMMUNITY WELFARE SD PARKS & WILDLIFE FOUNDATION 523 EAST CAPITOL PIERRE SD 57501 460387968 3 145000 COMMUNITY WELFARE SDSM&T FOUNDATION 306 EAST SAINT JOSEPH STREET RAPID CITY SD 57701 466011771 3 48250 COMMUNITY WELFARE SOUTH DAKOTA COMMUNITY FOUNDATION PO BOX 296 PIERRE SD 57501 460398115 3 6000 COMMUNITY WELFARE SOUTH DAKOTA HALL OF FAME 1480 S MAIN STREET CHAMBERLAIN SD 57325 460324210 3 5500 EDUCATION SPECIAL OLYMPICS OF SOUTH DAKOTA 800 EI-90 LANE SIOUX FALLS SD 57104 460359776 3 10000 COMMUNITY WELFARE ST JUDE CHILDRENS RESEARCH HOSPITAL 501 ST JUDE PLACE MEMPHIS TN 38105 620646012 3 10000 COMMUNITY WELFARE STORYBOOK ISLAND INC PO BOX 9196 RAPID CITY SD 57709 460260003 3 18432 COMMUNITY WELFARE STURGIS AREA ARTS COUNCIL PO BOX 901 STURGIS SD 57785 460356634 3 5540 EDUCATION STURGIS UNITED METHODIST CHURCH PO BOX 757 STURGIS SD 57785 460311215 3 18000 GENERAL SUPPORT THE HOPE CENTER 615 KANSAS CITY STREET RAPID CITY SD 57701 464167577 3 8275 COMMUNITY WELFARE THE MATTHEWS OPERA HOUSE 612 N MAIN ST SPEARFISH SD 57783 363652212 3 5500 COMMUNITY WELFARE UNITED WAY OF THE BLACK HILLS 621 6TH STREET SUITE 100 RAPID CITY SD 57701 460259754 3 7200 COMMUNITY WELFARE WAMBLI SKA SOCIETY 669 AIRWAY CT BOX ELDER SD 57719 472188252 3 7100 COMMUNITY WELFARE WAVI 527 QUINCY STREET RAPID CITY SD 57701 460355127 3 21500 COMMUNITY WELFARE WELLFULLY 3402 COTTONWOOD STREET RAPID CITY SD 57702 460414463 3 50500 COMMUNITY WELFARE WESTERN HILLS HUMANE SOCIETY 324 INDUSTRIAL DR SPEARFISH SD 57783 460381354 3 12249 COMMUNITY WELFARE WESTHILLS VILLAGE FOUNDATION 255 TEXAS STREET RAPID CITY SD 57701 363634283 3 25000 COMMUNITY WELFARE WORLD VISION INC 4325 UPTON AVE MINNEAPOLIS MN 55410 951922279 3 25000 COMMUNITY WELFARE YMCA OF RAPID CITY 815 KANSAS CITY ST RAPID CITY SD 57701 460227218 3 6468 COMMUNITY WELFARE YOUNG LIFE 318 MT RUSHMORE ROAD RAPID CITY SD 57701 830385934 3 31547 COMMUNITY WELFARE YOUTH AND FAMILY SERVICES PO BOX 2813 RAPID CITY SD 577092813 466017085 3 43695 COMMUNITY WELFARE 206 SCHOLARSHIPS 36 68721 SCHEDULE I, PAGE 1, PART I, LINE 2 TO ENSURE THAT FUNDS ARE USED TO MEET THE COMMUNITY'S CHARITABLE NEEDS: 1) RECOMMENDATIONS OF GRANTEES BY DONOR ADVISORS OR EXPENDITURES BY FISCAL SPONSORSHIP CONTACTS ARE REQUIRED IN WRITING. 2) RECOMMENDATIONS FOR DISTRIBUTIONS FROM DONOR ADVISED FUNDS ARE REVIEWED BY STAFF TO ASSURE COMPLIANCE WITH ALL REQUIREMENTS AND REGULATIONS. STAFF WILL VERIFY THE STATUS OF THE RECOMMENDED RECIPIENT USING A REALTIME DATABASE SUCH AS GUIDESTAR. A DATED COPY OF THE DONOR ADVISOR'S WRITTEN RECOMMENDATION AND SUPPORTING DOCUMENTATION REGARDING THE ORGANIZATION'S STATUS WILL BE PLACED IN THE FUND'S PERMANENT FILE. 3) AS NEEDED, RECOMMENDATIONS FOR GRANT DISTRIBUTIONS WILL BE BROUGHT TO THE EXECUTIVE COMMITTEE OR BOARD OF DIRECTORS FOR APPROVAL. 4) STAFF SHALL MAINTAIN ON FILE ANNUAL REPORTS, NEWSLETTERS, AND IRS LETTERS DETERMINING TAX EXEMPT STATUS ABOUT NONPROFIT ORGANIZATIONS WHOSE MISSIONS ARE CONSISTENT WITH THE GOALS OF THE FOUNDATION. 5) GRANTEES RECEIVING COMPETITIVE GRANT AWARDS ARE NOTIFIED IN WRITING THE PURPOSE OF THE GRANT FUNDS AND TIMEFRAME WHEN THE MONEY IS DISTRIBUTED. A GRANT REPORT AT THE CONCLUSION OF THE GRANT PERIOD IS REQUIRED TO VERIFY COMPLIANCE WITH THE RESTRICTIONS AS COMMUNICATED. THE FOUNDATION MAINTAINS AND OPERATES UNDER A STRICT WRITTEN POLICY FOR AWARDING SCHOLARSHIPS, FELLOWSHIPS, AND OTHER GRANTS TO INDIVIDUALS. SUCH POLICY PROVIDES FOR COMPLETE CONTROL OF THE NOMINATION AND AWARD PROCESS BY THE FOUNDATION. SUCH PROCESS REQUIRES THAT DOCUMENTATION BE MAINTAINED FOR THREE YEARS FOLLOWING THE DATE OF THE AWARD. X 43 865033 FAIR MARKET VALUE X SUPPLIES 1 2099 FAIR MARKET VALUE false true false FORM 990, PAGE 6, PART VI, LINE 11B ORGANIZATION'S PROCEDURES USED TO REVIEW FORM 990 THE BOARD REVIEWS THE 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C PERSONS COVERED UNDER THE POLICY INCLUDE ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. ALL INTERESTED PERSONS HAVE A DUTY TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. THE REMAINING BOARD OR COMMITTEE MEMBERS THEN DECIDE IF A CONFLICT OF INTEREST EXISTS. THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST AND WHETHER IT IS FAIR AND REASONABLE. IF THE GOVERNING BOARD HAS REASONABLE CAUSE TO BELIEVE SOMEONE HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, SAID PERSON HAS OPPORTUNITY TO EXPLAIN AND APPROPRIATE DISCIPLINARY/CORRECTIVE ACTION IS TAKEN. THE ABOVE SHALL BE DOCUMENTED IN THE BOARD MINUTES. ANNUALLY ALL PERSONS COVERED BY THE POLICY SHALL SIGN A STATEMENT WHICH AFFIRMS THEY HAVE RECEIVED, READ, AND AGREE WITH THE POLICY AND HAVE DISCLOSED ALL KNOWN ACTUAL AND POSSIBLE CONFLICTS. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 15A THE FOUNDATION EMPLOYS A CEO. NO OTHER OFFICERS OR KEY EMPLOYEES EXIST. ANNUALLY, THE CEO PROVIDES A SUMMARY MEMO TO THE CHAIRMAN REVIEWING PROGRESS TOWARD GOALS. THE CHAIRMAN REVIEWS, CONSULTS WITH THE EXECUTIVE COMMITTEE ACTING AS A PERSONNEL COMMITTEE, AND PROVIDES BOTH VERBAL AND WRITTEN FEEDBACK. AFTER REVIEWING COMPARABLE SALARY DATA AS RECEIVED FROM PEER ORGANIZATIONS, THE PERSONNEL COMMITTEE MAY THEN RECOMMEND A RAISE, WHICH IS SHARED WITH THE BOARD OF DIRECTORS. THE RECOMMENDATION IS RECORDED IN THE BOARD MINUTES. FORM 990, PAGE 6, PART VI, LINE 15B SAME PERSONS AS 15A. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST, AS STATED IN THE FOUNDATION'S ANNUAL REPORT THAT IS POSTED ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9 FUND MANAGEMENT FEES 451,905 INTERFUND CLASSIFICATIONS -311,273 FUND MANAGEMENT FEES -445,029 TOTAL -304,397