2022-04-02T11:38:55-05:00 2021-06-30 651083521 Holyfield & Thomas LLC 125 Butler Street West Palm Beach FL 33407 990 2020-07-01 830462654 The Palm Beach Police and Fire Foundation Inc PALM 5618208118 139 North County Rd No 26 Palm Beach FL 33480 Timothy Moran President 5618208118 2022-03-25 1 Timothy Moran 999009999 Scott Y Haynes P01366363 5616896000 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Timothy Moran 139 North County Rd No 26 Palm Beach FL 33480 15602131 0 X www.pbpf.us X 2006 FL The PBPFF is a charitable organization that supports the Town of (continued on Schedule O)Palm Beach First Responders and the local community at large with education, equipment and advocacy; empowering peace of mind with the knowledge that their families and futures are safe and supported. 18 18 2 30 0 0 3046621 3232261 0 0 454850 308219 -337279 -97427 3164192 3443053 615032 717824 0 0 172712 186275 0 0 177031 529504 673449 1317248 1577548 1846944 1865505 9169788 12412306 78308 64089 9091480 12348217 X The PBPFF is a charitable organization that supports the Town of Palm Beach First Responders and the local community at large with education, equipment and advocacy; empowering peace of mind with the knowledge that their families and futures are safe and supported. The Foundation pursues this mission by actively engaging in initiatives and programs approved by the Board Directors, including but not limited to: Scholarships for the education of children of police and fire personnel, Supplemental equipment and training, Emergency assistance to police and fire personnel in need, Providing Public Safety training and education to the community at large, and by advocating for and promoting community wide support for the police and fire personnel of the Town of Palm Beach. 0 0 1060363 717824 Higher Education Scholarships - This program provides scholarships to qualified children of sworn officers, firefighters and civilian employees of the Palm Beach Police and Fire Rescue Departments. Over the past year, the Foundation awarded higher education scholarships to 40 qualified children, totaling $303,000. Emergency Financial Assistance - This program offers emergency financial assistance to officers and firefighters injured or disabled in the line of duty, or suffering from other personal emergencies or financial crisis.Police and Fire Rescue Dept Supplements - (continued on Schedule O) This program provides supplementary funding to the police and fire rescue departments for additional training, equipment and other unfunded needs, and grants to officers and firefighters to attend events or in times of need. 1060363 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 FL X Rebecca Torres 5618208118 139 N County Rd Suite 26 Palm Beach FL 33480 X John F Scarpa CEO & Chairman 20.00 X X 0 0 0 Timothy Moran President 20.00 X X 0 0 0 David S Mack Vice President 5.00 X X 0 0 0 Michael Belisle 1st Vice President 20.00 X X 0 0 0 Annie Falk Asst. Secretary/Treasurer 5.00 X X 0 0 0 E Llwyd Ecclestone Director 1.00 X 0 0 0 Mark E Freitas Director 1.00 X 0 0 0 Jeff Greene Director 1.00 X 0 0 0 Lawrence Herbert Director 1.00 X 0 0 0 Joel H Kassewitz Director 1.00 X 0 0 0 Michele Kessler Director 5.00 X 0 0 0 William I Koch Director 1.00 X 0 0 0 John WS Preston Director 5.00 X 0 0 0 Matthew K Smith Director 1.00 X 0 0 0 Joel M Pashcow Director 1.00 X 0 0 0 Howard B Bernick Director 10.00 X 0 0 0 Jeffrey A Marcus Director 5.00 X 0 0 0 Thomas C Quick Director 5.00 X 0 0 0 0 0 0 0 0 0 0 0 429243 995964 1807054 111135 3232261 208884 208884 12113116 12013781 99335 99335 99335 47870 995964 145297 -97427 -97427 3443053 0 0 210792 239340 239340 478484 478484 163304 65322 32660 65322 10670 4268 2134 4268 12301 4920 2461 4920 5375 5375 17425 17425 34869 34869 41864 8373 33491 169831 110390 59441 123069 5066 116164 1839 35426 4251 24090 7085 94687 94687 5397 5397 Community Development 85508 82943 2565 Membership 56673 56673 Repairs and Maintenance 3325 333 2327 665 1577548 1060363 340154 177031 1579375 624894 80500 46500 238872 238759 396531 107038 378688 289493 6892353 11212660 9169788 12412306 9544 1589 68764 62500 78308 64089 X 8983480 12293159 108000 55058 9091480 12348217 9169788 12412306 1865505 1391232 0 X X 0 1 X 1 0 X 1165790 2049156 2034614 3046621 3232261 11528442 1165790 2049156 2034614 3046621 3232261 11528442 31258 11497184 70758 94103 118968 165945 208884 658658 12187100 0.94340 0.93390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 5492 458 5034 265837 79751 186086 125202 26829 98373 289493 X 4944713 1391232 145297 1536529 3408184 34869 34869 3443053 1687976 145297 145297 1542679 34869 34869 1577548 Part X, Line 2: The Foundation is exempt from income taxes as an organization described under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to the Foundation's tax-exempt purpose would be subject to taxation as unrelated business income. The Foundation has not realized any such income to date, and no provision for income taxes has been made in the accompanying financial statements. The Foundation files a single federal information return with the Internal Revenue Service, and is not classified as a private foundation. The Foundation follows FASB ASC Topic 740-10, Accounting for Uncertainty in Income Taxes, which seeks to reduce the diversity in practice associated with certain aspects of measurement and recognition in accounting for income taxes. This topic prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position that an entity takes or expects to take in a tax return. An entity may only recognize or continue to recognize tax positions that meet a "more likely than not" threshold. The Foundation assesses its income tax positions based on management's evaluation of the facts, circumstances, and information available at the reporting date. Management does not believe the Foundation has any significant uncertain tax positions that would be material to the financial statements. Furthermore, there are no Federal or State open-year tax returns under audit. Part XI, Line 2d - Other Adjustments: Special Fundraising Events 145,297. Part XI, Line 4b - Other Adjustments: Investment Management Fee 34,869. Part XII, Line 2d - Other Adjustments: Special Fundraising Events 145,297. Part XII, Line 4b - Other Adjustments: Investment Management Fee 34,869. Police Ball and Auction 754000 743000 11000 8085 Golf 268834 231964 36870 117438 1 21000 21000 19774 1043834 995964 47870 145297 145297 -97427 1 Palm Beach Police Department 345 S County Road Palm Beach FL 33480 228000 Funds for renovation of the Palm Beach Police Department Shooting Range Palm Beach Fire Rescue 300 N County Road Palm Beach FL 33480 11340 Fire Department gas squeeze off tool and other equipment, fire department hoods for uniform. Educational scholarships - varing from $6,000 - $8,000 depending on students' GPA. 40 303000 Scholarships - $241,000 Police, $62,000 Fire Department Police & Fire Awards, Grants and Special Needs. 165 110737 Police vs Fire Fishing tournament, Police vs Fire Softball tournament, Police & Fire appreciation week lunches, Officer of the year awards, get well baskets, firefighter graduation, telecommunicators appreciation week. Emergency Fund assistance for Police and Fire. 64747 Emergency assistance for officers, COVID lunches for Police and Fire during the pandemic, emergency masks for the community, lunches during the vaccine distribution for the Fire Department. Part I, Line 2: There were three scholarship programs for 2020-2021: 1. The Palm Beach Police & Fire Foundation Scholarship 2. The Palm Beach & Fire Foundation Academic Gift (formerly the Charles Evans Scholarship) 3. William I. Koch Scholarship The qualifications and details about each scholarship are available upon request. X 3 111135 FMV 0 0 0 Form 990, Part VI, Section B, line 11b A copy of the Form 990 is provided to each member of the board of directors before it is filed. Form 990, Part VI, Section B, line 12c The board is notified of situations deemed to be a conflict of interest. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents and other financial statements available to the public upon request. Part XII Line 2c The audit report is reviewed annually at the audit report review meeting as presented by the independent auditor. The process has not changed from prior year.