2022-05-11T11:16:47-07:00 2021-06-30 990 2020-07-01 363309063 TRINITY ROSELLE FOUNDATION TRIN 6308943263 405 Rush Street Roselle IL 60172 Peter Croner Director 6308943263 2022-05-11 0 11 0 AAL2 2020 2022-09-23 18:48:47Z Reverend Jonathan D Petzold 405 Rush Street Roselle IL 60172 214827 0 X www.trinityrosellefoundation.com X 1983 IL Trinity Roselle Foundation is a charitable foundation dedicated to expanding the Lord's work among His people, primarily through financial contributions and support to Trinity Evangelical Lutheran Congregation, U.A.C. and its surrounding community. 14 10 0 14 0 0 120700 44208 0 0 86968 162409 2187 8210 209855 214827 51300 159735 0 0 0 0 5000 5000 5000 15238 9583 71538 174318 138317 40509 2055736 2418127 6200 6500 2049536 2411627 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 73974 72170 102704 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. 70482 70482 15969 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 for providing assistance to his family when his children were attending Trinity Lutheran School. 12679 10873 43564 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 little more affordable to all school families by cushioning the impact of increases to the cost of education passed along through higher tuition and fees. 12183 6210 52590 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. Trinity Church Fund - Contributions and earnings generated from investments within this fund are used to provide assistance to the church for special needs that go above and beyond normal budgetary needs such as special Covid-19 equipment. Prange-Mueller 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 could be in the form of special training, tuition for college classes and seminary attendance among others. Dedicated Funds - represents miscellaneous small funds. 12183 6210 52590 169318 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 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 14 10 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 Charles S Mueller Jr Former President and Director 0 0 X 0 46158 102494 Carole J Arco Treasurer and Director 2 40 X X 0 64991 30977 Dawn Koenig Vice Chairperson and Director 1 40 X X 0 1619 90189 Peter Croner Director 2 32 X 0 30249 3277 Reverend Jonathan D Petzold President and Director 2 40 X X 0 0 8353 Andy Trosper Chairperson and Director 2 0 X X 0 0 0 Theresa Mittelbrun Secretary and Director 3 0 X X 0 0 0 Brandon Epting Director 1 0 X 0 0 0 John Berka Director 3 0 X 0 0 0 Peg Siems Director 1 0 X 0 0 0 John Kelm Director 3 0 X 0 0 0 Dave Bowen Director 1 0 X 0 0 0 Greg Geisler 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 143017 235290 0 1 0 0 0 0 0 0 0 0 44208 0 44208 0 162409 162409 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 0 0 0 0 0 0 Cash Surrender Value-Life Insurance 900099 1676 1676 0 0 Sale of Investment in Residential Real Estate 900099 6534 6534 0 0 0 0 0 0 8210 214827 170619 0 0 159735 159735 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 6500 6500 0 0 0 0 0 0 5000 5000 0 0 0 0 0 0 0 0 845 845 0 0 1177 1177 0 0 1061 1061 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 174318 169318 0 5000 106540 57362 0 0 0 0 457 192 0 0 0 0 27211 28419 0 0 0 0 0 1889222 2298172 0 0 0 0 0 0 32306 33982 2055736 2418127 6200 6500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6200 6500 X 1725707 2224898 323829 186729 2049536 2411627 2055736 2418127 40509 321582 0 0 0 0 X 1 X 0 1 0 X 17206 30926 8509 20700 44208 121549 0 0 0 0 0 0 0 0 0 0 0 0 17206 30926 8509 20700 44208 121549 3437 118112 77513 132632 135318 86968 162409 594840 0 0 0 0 0 0 0 0 0 0 0 0 716389 0 0.16487 0.1517 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. Marketing efforts include personally contacting prospective contributors, conducting no-cost workshops using local attorneys to provide hands-on assistance to participants to understand the value for and development of a sound estate plan. The foundation has in prior years reached out to the surrounding community to assist families with financial need to purchase school supplies. These types of activities were restricted the past two years due to Covid-19 limitations. The foundation annually co-sponsors a Christmas Toy Store that provides new toys to families struggling financially, making new toys available to purchase at $2 per toy. This event was even more popular the past two years due to increased need within the surrounding community brought about by the pandemic. While the public support test percentage has not been met, the foundation enjoys a growing following of supporters within the church family, and has been truly blessed to have a member of substantial means establish a new school assistance fund to augment the funds already in place. This individual made a multi-year funding commitment. While the donor passed away in December 2020, the heirs have decided to continue honoring the wishes of this lifelong member. This substantial gift was eliminated for the support test consistent with the instructions for unusual gifts. The support test is also impacted by the strong investment earnings of the invested corpus over the past several years. Strong investment results raise the denominator of the support test equation making it more challenging to meet the targeted ratio. The foundation has enjoyed a growing support base with more than 140 individual donors contributing during the past two fiscal years. As previously noted, the board of directors is actively working to create a robust marketing plan to enhance the foundation's name recognition within the church and school, as well as the surrounding community. The board expects these efforts to be successful in further expanding the reach of the foundation thereby broadening its donor base. For all of the reasons 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 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 1331805 16245 161443 52990 0 12404 1444099 0.9136 0 0.0864 0 0 Schedule D, Part V, Line 4 The endowment funds of Trinity Roselle Foundation exist to provide financial support to each of the respective fund categories. The Trinity Lutheran School Endowment Fund provides funding to the school for technology enhancements, security upgrades, 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 the cost of tuition and fees. The T-Fund provides tuition assistance to church member families made possible by funding provided by a long-time church member, and now by his estate after his passing. The Trinity Lutheran Church Endowment Fund provides financing for special projects and initiatives that go over and above what regular contributions are capable of accomplishing. 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) 70482 0 Tuition Assistance for church member school families. Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 40000 0 Grant-in-Aid Tuition Assistance for families applying for needs-based assistance. Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 32170 0 Upgrades to school technology, equipment and safety upgrades (Covid-19). Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 10875 0 School family tuition assistance for all students. Trinity Lutheran Church 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 5500 0 Church PPE supplies and other Covid-19 related equipment. 1 0 Schedule I, Part I, Line 2 Trinity Lutheran Church and School is a related organization so grants are easily monitored to assure that funds are used as intended according to the grant request. For grants awarded to non-related organizations, we require follow up progress reporting by the receiving organization at a time appropriate according to the implementation timeline of the specific request. 0 0 0 0 0 0 0 0 0 Reverend Charles S Mueller Jr Former President and Director 0 125395 0 0 0 0 0 0 0 23257 0 148652 0 0 Carole J Arco Treasurer and Director 0 77491 0 0 0 0 0 0 0 18477 0 95968 0 0 Dawn Koenig Vice Chairperson and Director 0 71940 0 0 0 0 0 0 0 19868 0 91808 0 0 Peter Croner Director 0 30249 0 0 0 0 0 0 0 3277 0 33526 0 0 Reverend Jonathan D Petzold President and Director 0 8353 0 0 0 0 0 0 0 0 0 8353 0 0 Form 990, Part III, Line 4d Other program services include the Trinity Lutheran Church Endowment Fund, The Charles and Audrey-Mueller Endowment Fund created to assist church workers with seminary and other education costs, and another small dedicated fund for miscellaneous purposes. Form 990, Part IV, Line 38 The complete Form 990 was provided to the Board of Directors electronically prior to filing. Peter Croner (Director) is responsible for periodic reporting to the Board at their bi-monthly meetings and is also responsible for the preparation of the Form 990 and supporting schedules, and serves as the liaison with the outside accounting firm (PKF-Mueller, LLC). Technical accounting questions as well as report preparation and filing questions may be directed to them as needed. No such guidance was requested for this year's filing. Due diligence is exercised throughout the reporting process to assure accuracy and compliance requirements. Board members are given several days to review and raise questions as may be appropriate prior to filing the full Form 990. Form 990, Part VI, Section B, Line 11b Peter Croner (Director) is responsible for the completion of all financial reporting, both internal and external (including this Form 990). He also serves as the liaison to the organization's outside accounting firm, who is available to provide guidance as needed for accounting questions of a general nature as well as more technical questions related to reporting requirements. No such guidance was required for this year's reporting by the accounting firm. They have not reviewed this filing. Peter follows due diligence throughout the reporting process to assure compliance and accuracy in all reporting for the organization. The accounting firm provided Review Services for the current fiscal year which served as a check for verifying reported values in this Form 990. The Board of Directors was provided a draft version of this Form 990 and supporting schedules approximately one week prior to filing the report electronically for their review and potential questions to be raised. Form 990, Part VI, Section B, Line 12c Board members are expected to be familiar with the conflict of interest policy and all 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 Trinity Roselle Foundation maintains a dedicated website. Information about the Foundation and its activities is available on the website. Financial information, Board of Directors information, various 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. 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 159025 Trinity Lutheran Church and Trinity Lutheran School fall under the same Employer Identification Number. All grants were cash contributions.