2022-11-11T11:38:15-06:00 2022-06-30 371206530 SCHEFFEL BOYLE 322 STATE ST ALTON IL 620026135 990 2021-07-01 371237368 BEVERLY FARM ENDOWMENT FUND INC BEVE 6184660367 6301 HUMBERT RD GODFREY IL 62035 CRYSTAL OFFICER CEO 6184660367 2022-11-11 1 CRYSTAL OFFICER 999009999 KATHLEEN FITZGERALD CPA P00009184 6184654288 2022-11-11 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z 6301 HUMBERT RD GODFREY IL 62035 3683425 0 1 X BEVERLYFARM.ORG X 1988 IL BEVERLY FARM ENDOWMENT FUND ACCEPTS PUBLIC DONATIONS AND MAINTAINS A PORTFOLIO OF INVESTMENTS FOR THE BEVERLY FARM FOUNDATION. THE ENDOWMENT FUND PROVIDES FUNDS FOR SPECIAL PROJECTS TO THE FOUNDATION AND IS RESPONSIVE TO THEIR NEEDS FOR CAPITAL. 9 9 0 9 0 0 2604649 7784 0 0 801987 882358 0 0 3406636 890142 0 0 0 0 0 0 0 0 0 156218 61532 156218 61532 3250418 828610 23981259 21104659 0 0 23981259 21104659 BEVERLY FARM ENDOWMENT FUND ACCEPTS PUBLIC DONATIONS AND MAINTAINS A PORTFOLIO OF INVESTMENTS FOR THE BEVERLY FARM FOUNDATION. THE ENDOWMENT FUND PROVIDES FUNDS FOR SPECIAL PROJECTS TO THE FOUNDATION AND IS RESPONSIVE TO THEIR NEEDS FOR CAPITAL. 0 0 PROMOTE THE GENERAL WELFARE OF BEVERLY FARM FOUNDATION, ANOTHER 501(C)3 ORGANIZATION. 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X X WILL MAYNARD 6184660367 6301 HUMBERT ROAD GODFREY IL 62035 X BRIAN BIRNBAUM DIRECTOR 1.00 X 0 0 0 DALE BLACHFORD DIRECTOR 1.00 X 0 0 0 CHARLENE SPICELAND DIRECTOR 1.00 X 0 0 0 DR DAVID BYERS CHAIR 10.00 X 0 0 0 DAVID SPICELAND DIRECTOR 1.00 X 0 0 0 CHRISTOPHER TAYLOR DIRECTOR 1.00 X 0 0 0 JEFFREY ROSIGNOL VICE PRESIDENT 5.00 X 0 0 0 ROGER QUEEN TREASURER 3.00 X 0 0 0 CAROLYN MAYHALL SECRETARY 3.00 X 0 0 0 AMANDA SCHROEDER CONTROLLER 5.00 51.00 X 0 85311 0 CRYSTAL OFFICER CHIEF EXEC DIRECTOR 3.00 56.00 X 0 119906 0 BRITTANY PERKINS NURSE 3.00 50.00 X 0 107562 0 MARTHA WARFORD FORMER EXEC DIR 0.00 0.00 X 0 151356 0 0 464135 0 0 1 1 0 0 7784 7784 511549 511549 3164092 2793283 370809 370809 370809 890142 0 0 882358 61532 61532 61532 0 61532 0 22688174 19873106 1293085 1231553 23981259 21104659 0 0 X 21901908 19207147 2079351 1897512 23981259 21104659 23981259 21104659 X 828610 -2964154 -741056 X X 0 1 X 1 1 1 X 170421 83889 31936 2604647 7784 2898677 170421 83889 31936 2604647 7784 2898677 1388580 1510097 273992 339655 397147 346705 511549 1869048 4767725 0.31670 0.37320 X BEVERLY FARM ENDOWMENT FUND HOLDS THE INVESTMENTS AND RECEIVES MEMORIAL AND HONORARIUM DONATIONS TO BEVERLY FARM.HISTORICALLY, THE ENDOWMENT FUND RECEIVED SOME LARGE BEQUESTS THAT MADE IT DIFFICULT TO PASS THE PUBLIC SUPPORT TEST.ADDITIONAL PUBLIC SUPPORT IS RECORDED IN BEVERLY FARM FOUNDATION (A RELATED PUBLIC CHARITY) WHICH HAS A PUBLIC SUPPORT PERCENTAGE OF 99%.THE ENDOWMENT FUND IS ORGANIZED AND AT ALL TIMES OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF BEVERLY FARM FOUNDATION, A RELATED PUBLIC CHARITY. SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: $5,589,801 CONTIBUTION OF WHICH $150,000 IS NOT UNUASUAL DATE: 06/30/18 AMOUNT: 0. DESCRIPTION: $4,888,601 CONTRIBUTION OF WHICH $50,000 IS NOT UNUSUAL DATE: 06/30/19 AMOUNT: 0. 23981259 7784 -2081796 741056 61532 21104659 18334348 2604649 4032132 833652 156218 23981259 18695438 31936 904835 1160008 137853 18334348 17475745 33889 1326060 140256 18695438 11096553 5610221 883508 114537 17475745 0.90000 0.10000 0 0 0 DUE FROM RELATED ENTITIES 1231553 1231553 X -2074012 -2964154 -2964154 890142 0 890142 61532 0 61532 0 61532 PART X, LINE 2: ACCOUNTING STANDARDS CODIFICATION TOPIC 740 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TOPIC 740 DEVELOPED A TWO-STEP PROCESS TO EVALUATE A TAX POSITION AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE ORGANIZATION HAS NOT RECORDED A RESERVE FOR ANY TAX POSITIONS FOR WHICH THE ULTIMATE DEDUCTIBILITY IS HIGHLY CERTAIN BUT FOR WHICH THERE IS UNCERTAINTY ABOUT THE TIMING OF SUCH DEDUCTIBILITY. THE ORGANIZATION FILES TAX RETURNS IN ALL APPROPRIATE JURISDICTIONS. THE OPEN TAX YEARS ARE THOSE YEARS ENDED JUNE 30, 2019 THROUGH JUNE 30, 2022. THE TAX RETURN FOR THE YEAR ENDED JUNE 30, 2022 HAS NOT BEEN FILED AS OF THE DATE OF THIS REPORT. AS OF JUNE 30, 2022 AND 2021, THE ORGANIZATION HAS NO RECORDED LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES AS INCURRED. NO SUCH EXPENSE WAS RECOGNIZED FOR THE YEARS ENDED JUNE 30, 2021 AND 2020. 0 0 0 0 0 0 0 0 0 MARTHA WARFORD FORMER EXEC DIR 0 151356 0 0 0 0 0 0 0 0 0 151356 0 0 990 PART VII, SECTION A, LINE 1, COL E: DEF COMP RELATED ORG MARTHA WARFORD (RETIRED EXECUTIVE DIRECTOR) ELIGIBLE PLAN UNDER IRC SEC 457(B) NOT SUBJECT TO IRC SEC 409A FBO FORMER DIRECTOR MARTHA WARFORD AND REPORTED AS COMPENSATION ON 2021 FORM W-2 AND THIS FORM 990. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, THE CHIEF FINANCIAL OFFICER AND THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AND OFFICERS REPORT ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD AND OUTSIDE LEGAL COUNSEL MEET PERIODICALLY TO REVIEW THE POLICY AND RESOLVE ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A BYLAWS STATE THAT COMPENSATION OF EXEC DIRECTOR GETS REVIEWED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. SOME POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE ON BEVERLY FARM'S WEBPAGE. ALL POLICIES CAN BE FOUND IN THE EMPLOYEE'S CODE OF CONDUCT MANUAL . PART VII SECTION A, LINE 1: DEFERRED COMPENSATION - RELATED ORG MARTHA WARFORD (RETIRED EXECUTIVE DIRECTOR) ELIGIBLE PLAN UNDER IRC SEC 457(B) NOT SUBJECT TO IRC SEC 409A FBO FORMER DIRECTOR MARTHA WARFORD AND REPORTED AS COMPENSATION ON 2021 FORM W-2 AND THIS FORM 990. FORM 990, PART XI, LINE 9: TRANSFERS OUT OF PROPERTY ACQUISITIONS -741,056. PART XII, LINE 2C COMMITTEE FOR OVERSIGHT OF AUDIT: PROCESS HAS NOT CHANGED SINCE PRIOR YEAR. BEVERLY FARM FOUNDATION 6301 HUMBERT ROAD GODFREY IL 62035 370765971 CARING FOR DISABLED IL 501(C)(3) PUBLIC SUPPORTED 0 BEVERLY FARM ASSOCIATION 6301 HUMBERT ROAD GODFREY IL 62035 371237369 CARING FOR DISABLED IL 501(C)(3) SUPPORTING 0 BEVERLYFARM LIVING OPTIONS INC 6301 HUMBERT ROAD GODFREY IL 62035 454247023 CARING FOR DISABLED IL 501(C)(3) PUBLIC SUPPORTED 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 BEVERLY FARM FOUNDATION M 3121 ALLOCATION BEVERLY FARM FOUNDATION N 12000 ALLOCATION BEVERLY FARM FOUNDATION O 4945 ALLOCATION BEVERLY FARM FOUNDATION D 1231553 FINANCIAL STMT