2022-04-06T16:12:18-05:00 2021-12-31 461335331 ALTRUIC ADVISORS CPAS 4088 WASHTENAW AVE ANN ARBOR MI 48108 990 2021-01-01 383279018 BOOK INDUSTRY CHARITABLE FOUNDATION BOOK 7344774789 3135 S STATE STREET SUITE 203 ANN ARBOR MI 48108 CHRISTIE ROEHL TREASURER 7344774789 2022-03-31 CHRISTIE ROEHL RYAN N HAGAN CPA P00293011 8882985297 2022-04-01 2021 2022-09-23 18:48:47Z CHRISTIE ROEHL 3135 S STATE STREET SUITE 203 ANN ARBOR MI 48108 2225142 false X WWW.BINCFOUNDATION.ORG X 1996 MI THE CENTERPIECE PROGRAM PROVIDES SHORT-TERM FINANCIAL ASSISTANCE TO BOOK AND COMIC INDUSTRY EMPLOYEES, INCLUDING BOOKSTORE AND COMIC SHOP OWNERS/OPERATORS, BOOKSELLERS, BOOK BUYERS, AND FORMER BORDERS EMPLOYEES AND THEIR IMMEDIATE FAMILIES WHO HAVE DEMONSTRATED FINANCIAL NEED ARISING FROM SEVERE HARDSHIP AND/OR EMERGENCY CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO, DISASTER RELIEF, DOMESTIC VIOLENCE, SERIOUS MEDICAL CONDITION, OR LOSS OF HOUSEHOLD INCOME SUCH AS DIVORCE OR SEPARATION, DEATH OF AN EMPLOYEE OR IMMEDIATE FAMILY MEMBER. ADDITIONALLY, THE BOOK INDUSTRY CHARITABLE FOUNDATION MADE AVAILABLE OTHER TOOLS TO HELP AFFECTED EMPLOYEES AND OWNERS BETTER MANAGE WITH ONGOING FINANCIAL CHALLENGES. THESE TOOLS INCLUDE HEALTH CARE RESOURCES DIRECTORIES, BUDGET PLANNING GUIDES AND FINANCIAL MANAGEMENT TOOLS. 12 12 7 63 0 5117785 2176067 0 56637 49075 4531 -16391 5178953 2208751 3005374 1578379 0 417602 486887 0 237703 169149 200076 3592125 2265342 1586828 -56591 3467147 3616056 56117 26315 3411030 3589741 X TO STRENGTHEN THE BOOKSELLING COMMUNITY THROUGH CHARITABLE PROGRAMS THAT SUPPORT EMPLOYEES AND THEIR FAMILIES. false false 401017 282536 FINANCIAL ASSISTANCE PROGRAM - PROVIDES ASSISTANCE TO EMPLOYEES, OWNERS, AND FORMER EMPLOYEES. THIS CENTERPIECE PROGRAM PROVIDES SHORT-TERM FINANCIAL ASSISTANCE TO BOOK AND COMIC INDUSTRY EMPLOYEES, OWNERS, AND FORMER BORDERS EMPLOYEES AND THEIR IMMEDIATE FAMILIES WHO HAVE DEMONSTRATED FINANCIAL NEED ARISING FROM SEVERE HARDSHIP AND/OR EMERGENCY CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO, DISASTER RELIEF, SERIOUS MEDICAL CONDITION, LOSS OF HOUSEHOLD INCOME DUE TO DEATH OF EMPLOYEE OR IMMEDIATE FAMILY MEMBER, DIVORCE OR SEPARATION OR PARTNER'S/SPOUSE'S JOB LOSS. ADDITIONALLY, THE BOOK INDUSTRY CHARITABLE FOUNDATION MADE AVAILABLE OTHER TOOLS TO HELP AFFECTED EMPLOYEES DEAL WITH ONGOING FINANCIAL CHALLENGES. THESE TOOLS INCLUDE RESOURCE DIRECTORIES, BUDGET PLANNING GUIDES AND FINANCIAL MANAGEMENT TOOLS. 49204 40980 POST SECONDARY SCHOLARSHIPS - A MERIT AND NEEDS BASED SCHOLARSHIP PROGRAM TO ASSIST FORMER BORDERS EMPLOYEES AND THE DEPENDENTS OF EMPLOYEES WITH THE COSTS OF HIGHER EDUCATION, INCLUDING UNDERGRADUATE, GRADUATE, VOCATIONAL, AND TECHNICAL STUDIES. 1375039 1254863 DISASTER RELIEF PROGRAM - DESIGNED TO ASSIST BOOK AND COMIC STORE OWNERS IF THEIR STORE WAS IMPACTED BY A NATURAL DISASTER, INCLUDING PUBLIC HEALTH EMERGENCIES. ANY ASSISTANCE GIVEN IS OUTSIDE OF WHAT IS COVERED BY INSURANCE AND DOES NOT INCLUDE ANY PAYMENTS TO MERCHANDISE VENDORS. THE STORE MUST DEMONSTRATE A FINANCIAL CRISIS BROUGHT ABOUT BY A NATURAL DISASTER INCLUDING LOSS OF INCOME DUE TO DISRUPTION OF BUSINESS. THE FOUNDATION IS ABLE TO HELP BY PAYING NEEDED RENT AND/OR UTILITIES. 1825260 true true false false false false false false false false false false false false false false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 148 0 7 true false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true false false AL AK AZ AR CA CT FL GA HI KS KY ME MI MN MS NH NJ NM NY ND OH OK OR PA RI WV NC SC TN UT VA WA X X X CHRISTIE ROEHL 7344710202 3135 S STATE STREET SUITE 203 ANN ARBOR MI 48108 PAMELA FRENCH EXECUTIVE DI 40.00 X 116779 0 6278 MATTHEW GILDEA PRESIDENT 1.00 X X 0 0 0 ANNIE PHILBRICK VICE PRESIDE 1.00 X X 0 0 0 CHRISTIE ROEHL TREASURER 1.00 X X 0 0 0 JULIA COWLISHAW SECRETARY 1.00 X X 0 0 0 SARAH BAGBY DIRECTOR 0.50 X 0 0 0 CALVIN CROSBY DIRECTOR 0.50 X 0 0 0 EILEEN DENGLER DIRECTOR 0.50 X 0 0 0 ROCKELLE HENDERSON DIRECTOR 0.50 X 0 0 0 KUO-YU LIANG DIRECTOR 0.50 X 0 0 0 CHRIS MORROW DIRECTOR 0.50 X 0 0 0 CHUCK ROBINSON DIRECTOR 0.50 X 0 0 0 KEN WHITE DIRECTOR 0.50 X 0 0 0 116779 6278 1 false false false 122233 2053834 2176067 49075 49075 122233 16391 -16391 2208751 49075 1578379 1578379 120651 18098 60325 42228 302995 125038 55175 122782 7173 2424 1955 2794 24498 8277 6679 9542 31570 10666 8607 12297 3960 990 2376 594 14154 3539 8492 2123 59000 59000 1977 989 494 494 1296 259 1037 23674 1627 20420 1627 20650 5162 10325 5163 672 235 437 15565 3645 8275 3645 1930 483 965 482 BANK AND CREDIT CARD FEES 36112 9028 27084 OTHER PROGRAM EXPENSES 6636 6636 DEVELOPMENT COSTS 4790 4790 SUPPLIES 3622 72 3260 290 6038 5307 731 2265342 1825260 202379 237703 1699005 489442 237899 81369 20568 7796 1018 3612 5503 1503485 3030386 1560 1560 3467147 3616056 16173 26315 39944 56117 26315 X 2866966 3128586 544064 461155 3411030 3589741 3467147 3616056 -56591 235302 X false true X true false X 558720 380527 537427 5117785 2176067 8770526 558720 380527 537427 5117785 2176067 8770526 537056 8233470 69585 69052 58890 42602 49075 289204 9059730 81383 0.90880 0.87210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2560408 235302 116355 351657 2208751 2208751 2381697 116355 116355 2265342 2265342 ANNIVERSARY EVE 122233 122233 16391 122233 122233 16391 16391 -16391 true FINANCIAL ASSISTANCE 129 282536 POST-SECONDARY SCHOLARSHI 21 40980 STORE DISASTER RELIEF 449 1254863 SCHEDULE I, PAGE 1, PART I, LINE 2 THE USE OF GRANT FUNDS IS MONITORED IN TWO WAYS. FIRST, THROUGH THE DUE DILIGENCE RESEARCH OF THE PROGRAMS MANAGER WHEN ASSESSING THE INITIAL GRANT REQUEST AND POTENTIAL GRANT AMOUNT. THE GRANT APPLICANT MUST PROVIDE ALL RELEVANT DOCUMENTATION OF EXPENSES AND THE PROGRAM MANAGER VERIFIES THAT A VALID QUALIFYING EVENT HAS OCCURRED AND THAT THE NEED DOES EXIST. SECOND, ONCE A GRANT IS APPROVED, PAYMENTS ARE NOT TYPICALLY MADE DIRECTLY TO THE GRANT RECIPIENT, INSTEAD PAYMENTS ARE MADE DIRECTLY TO THE SERVICE PROVIDER/COMPANY ON BEHALF OF THE GRANT RECIPIENT. EXAMPLES OF SERVICE PROVIDERS/COMPANIES INCLUDE: UTILITY COMPANIES, MORTGAGE LENDERS, MEDICAL PROVIDERS, AND FUNERAL SERVICE PROVIDERS. IN ADDITION, WHEN PAYMENTS/FUNDS ARE SENT TO A PROVIDER/COMPANY THE GRANT RECIPIENT'S ACCOUNT INFORMATION IS INCLUDED SO THAT PAYMENT IS APPLIED PROPERLY. FORM 990, PAGE 2, PART III, LINE 4A FINANCIAL ASSISTANCE PROGRAM - PROVIDES ASSISTANCE TO EMPLOYEES, OWNERS, AND FORMER EMPLOYEES. THIS CENTERPIECE PROGRAM PROVIDES SHORT-TERM FINANCIAL ASSISTANCE TO BOOK AND COMIC INDUSTRY EMPLOYEES, OWNERS, AND FORMER BORDERS EMPLOYEES AND THEIR IMMEDIATE FAMILIES WHO HAVE DEMONSTRATED FINANCIAL NEED ARISING FROM SEVERE HARDSHIP AND/OR EMERGENCY CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO, DISASTER RELIEF, SERIOUS MEDICAL CONDITION, LOSS OF HOUSEHOLD INCOME DUE TO DEATH OF EMPLOYEE OR IMMEDIATE FAMILY MEMBER, DIVORCE OR SEPARATION OR PARTNER'S/SPOUSE'S JOB LOSS. ADDITIONALLY, THE BOOK INDUSTRY CHARITABLE FOUNDATION MADE AVAILABLE OTHER TOOLS TO HELP AFFECTED EMPLOYEES DEAL WITH ONGOING FINANCIAL CHALLENGES. THESE TOOLS INCLUDE RESOURCE DIRECTORIES, BUDGET PLANNING GUIDES AND FINANCIAL MANAGEMENT TOOLS. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE COMMITTEE (PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASURER) WILL REVIEW THE FULL AND COMPLETE 990 PRIOR TO FILING, AND THE FULL AND COMPLETE 990 WILL BE ISSUED ELECTRONICALLY TO ALL BOARD MEMBERS PRIOR TO FILING FOR THEIR FEEDBACK. IN ADDITION, THE 990 WILL BE REVIEWED AT THE FIRST BOARD MEETING AFTER THE 990 HAS BEEN FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE POLICY IS REVIEWED EACH YEAR WHEN NEW BOD MEMBERS ARE ADDED. ALL BOD MEMBERS ARE REQURED TO SIGN AND RETURN THE CONFLICT OF INTEREST STATEMENT WHEN THEY JOIN THE BOARD. IN ADDITION, THE BOARD MEMBER ROLE DESCRIPTION INCLUDES A CONFLICT OF INTEREST STATEMENT AND THE STATEMENT IS REVIEWED AT THE FIRST BOD MEETING OF EVERY FISCAL YEAR. FORM 990, PAGE 6, PART VI, LINE 15A A COMPENSATION REVIEW OF THE EXECUTIVE DIRECTOR'S SALARY WAS COMPLETED IN 2020 BY THE EXECUTIVE COMMITTEE, LED BY THE BOARD PRESIDENT. AS PART OF THIS PROCESS, THE ORGANIZATION UTILIZED THE GUIDESTAR COMPREHENSIVE SALARY SURVEY DATA FROM 2019. THE ENTIRE BOARD OF DIRECTOR DISCUSSED AND AGREED WITH THE EXECUTIVE COMMITTEE'S RECOMMENDATION. FORM 990, PAGE 6, PART VI, LINE 17 MINNESOTA, MISSISSIPPI, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH DAKOTA, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, RHODE ISLAND, WEST VIRGINIA, NORTH CAROLINA, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WASHINGTON FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.