WESTERN INDIANA COMMUNITY FOUNDATION INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WESTERN INDIANA COMMUNITY FOUNDATION INC (EIN 35-1814927)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202233189349315838
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T17:00:40-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043587095 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTEP BURKEY SIMMONS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 42 | AddressLine1Txt |
| City | MUNCIE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 473080042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351814927 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESTERN INDIANA COMMUNITY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEST | BusinessNameControlTxt |
| Phone | 7657930702 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 S STRINGTOWN RD PO BOX 175 | AddressLine1Txt |
| City | COVINGTON | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 479320175 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN MARTIN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 7657930702 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KEVIN | PersonFirstNm |
| Person Last | MARTIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS A ROBERTS | PreparerPersonNm |
| PTIN | P00997867 | PTIN |
| Phone | 7652847554 | PhoneNum |
| Preparation | 2022-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RAQUEL STULTZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 S STRINGTOWN RD PO BOX 175 | AddressLine1Txt |
| City | COVINGTON | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47932 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,199,695 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WICF-INC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1990 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | "HELPING PEOPLE IMPROVE OUR COMMUNITY." | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,617,055 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,367,847 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $314,901 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $376,433 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,665,346 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,584,746 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,597,302 | PYTotalRevenueAmt |
| CY Total Revenue | $3,329,026 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,058,576 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,281,457 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $197,943 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $180,094 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $22,572 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $463,304 | PYOtherExpensesAmt |
| CY Other Expenses | $564,194 | CYOtherExpensesAmt |
| PY Total Expenses | $1,719,823 | PYTotalExpensesAmt |
| CY Total Expenses | $2,025,745 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,877,479 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,303,281 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $26,808,272 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,378,151 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $347,722 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $367,886 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $26,460,550 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $32,010,265 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | "HELPING PEOPLE IMPROVE OUR COMMUNITY." FAMILIES, INDIVIDUALS, BUSINESSES, AND NONPROFIT GROUPS ESTABLISH FUNDS WITHIN THE FOUNDATION INTO WHICH THEY CAN CONTRIBUTE A VARIETY OF ASSETS TO BE USED FOR CHARITABLE PURPOSES. GRANTS ARE AWARDED TO COMMUNITY PROJECTS, NONPROFIT ORGANIZATIONS, AND STUDENTS FOR SCHOLARSHIPS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,281,457 | ExpenseAmt |
| Grant | $1,281,457 | GrantAmt |
| Revenue | $376,433 | RevenueAmt |
| Desc | COMMUNITY PROGRAMS AND SCHOLARSHIPS FOR SECONDARY EDUCATION NEEDING SUPPORT FROM THE ENTIRE COMMUNITY. | Desc |
| Total Program Service Expenses | $1,281,457 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DALE WHITE | PersonNm |
| Phone | 7657930702 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 S STRINGTOWN RD | AddressLine1Txt |
| City | COVINGTON | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 47932 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| SUSAN REYNOLDS | ||||||
| PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RAQUEL STULTZ | ||||||
| VICE-PRESIDE | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KEVIN MARTIN | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RICHARD MINNETTE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TOM MCGURK JR | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT WRIGHT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RYAN SOWERS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MEGAN ELLMORE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DALE WHITE | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $93,257 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $93,257 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $1,367,847 | AllOtherContributionsAmt |
| Noncash Contributions | $28,504 | NoncashContributionsAmt |
| Total Contributions | $1,367,847 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROGRAM INCOME | 900099 | $361,058 | $361,058 |
| ADMINISTRATIVE FEE INCOME | 900099 | $15,375 | $15,375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $376,433 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $669,769 | TotalRevenueColumnAmt |
| Exclusion | $669,769 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,785,646 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,870,669 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $914,977 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $914,977 | TotalRevenueColumnAmt |
| Exclusion | $914,977 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,329,026 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $376,433 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,584,746 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,090,399 | TotalAmt |
| Program Services | $1,090,399 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,058 | TotalAmt |
| Program Services | $191,058 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,257 | TotalAmt |
| Management And General | $93,257 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,712 | TotalAmt |
| Management And General | $58,712 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,500 | TotalAmt |
| Management And General | $16,500 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,625 | TotalAmt |
| Management And General | $11,625 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $363,425 | TotalAmt |
| Management And General | $363,425 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,515 | TotalAmt |
| Management And General | $13,515 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,660 | TotalAmt |
| Management And General | $96,660 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,374 | TotalAmt |
| Management And General | $9,374 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,472 | TotalAmt |
| Management And General | $12,472 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,314 | TotalAmt |
| Management And General | $4,314 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,669 | TotalAmt |
| Management And General | $1,669 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,322 | TotalAmt |
| Management And General | $12,322 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,952 | TotalAmt |
| Management And General | $2,952 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DONOR DEVELOPMENT | $22,572 | $22,572 | |
| MAINTENANCE AND REPAIRS | $17,655 | $17,655 | |
| TELEPHONE | $3,606 | $3,606 | |
| DUES AND SUBSCRIPTIONS | $2,872 | $2,872 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $786 | TotalAmt |
| Management And General | $786 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,025,745 | TotalAmt |
| Program Services | $1,281,457 | ProgramServicesAmt |
| Management And General | $721,716 | ManagementAndGeneralAmt |
| Fundraising | $22,572 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,517,371 | BOYAmt |
| EOY | $2,328,090 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $237,063 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $153,837 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,261 | BOYAmt |
| EOY | $83,226 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,057,558 | BOYAmt |
| EOY | $24,383,153 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,392,708 | BOYAmt |
| EOY | $5,484,850 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $747,374 | BOYAmt |
| EOY | $98,832 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,808,272 | BOYAmt |
| EOY | $32,378,151 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,292 | BOYAmt |
| EOY | $14,158 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $230,042 | BOYAmt |
| EOY | $228,040 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,388 | BOYAmt |
| EOY | $125,688 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $347,722 | BOYAmt |
| EOY | $367,886 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $864,750 | BOYAmt |
| EOY | $972,277 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,595,800 | BOYAmt |
| EOY | $31,037,988 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,460,550 | BOYAmt |
| EOY | $32,010,265 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,808,272 | BOYAmt |
| EOY | $32,378,151 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,303,281 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,155,798 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$21,339 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $111,975 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,352,816 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $889,770 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,795,036 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,617,055 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,367,847 | CurrentTaxYearAmt |
| Total | $7,022,524 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,352,816 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $889,770 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,795,036 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,617,055 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,367,847 | CurrentTaxYearAmt |
| Total | $7,022,524 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,854,628 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,167,896 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $399,881 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $423,348 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $533,224 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $456,422 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $669,769 | CurrentTaxYearAmt |
| Total | $2,482,644 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,000 | CurrentTaxYearMinus4YearsAmt |
| Total | $13,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $9,518,168 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,643,524 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.54300 | PublicSupportCY170Pct |
| Public Support PY170 | 0.44710 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | PROGRAM INCOME 13,000 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 1 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Grants | $24,200 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $1,106,094 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (true) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (true) | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,181,035 | BeginningYearBalanceAmt |
| Contributions | $510,105 | ContributionsAmt |
| Investment Earnings Or Losses | $5,390,187 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $441,492 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $361,736 | AdministrativeExpensesAmt |
| End Year Balance | $30,278,099 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,121,621 | BeginningYearBalanceAmt |
| Contributions | $836,580 | ContributionsAmt |
| Investment Earnings Or Losses | $1,944,176 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $435,489 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $285,853 | AdministrativeExpensesAmt |
| End Year Balance | $25,181,035 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,547,579 | BeginningYearBalanceAmt |
| Contributions | $1,289,042 | ContributionsAmt |
| Investment Earnings Or Losses | $3,925,381 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $313,240 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $327,141 | AdministrativeExpensesAmt |
| End Year Balance | $23,121,621 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,033,219 | BeginningYearBalanceAmt |
| Contributions | $302,641 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,017,642 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $770,639 | GrantsOrScholarshipsAmt |
| End Year Balance | $18,547,579 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,138,258 | BeginningYearBalanceAmt |
| Contributions | $669,712 | ContributionsAmt |
| Investment Earnings Or Losses | $1,939,998 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $477,025 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,575 | OtherExpendituresAmt |
| Administrative Expenses | $230,149 | AdministrativeExpensesAmt |
| End Year Balance | $20,033,219 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00710 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.42740 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.56550 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,750 | OtherCostOrOtherBasisAmt |
| Book Value | $26,750 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $132,493 | OtherCostOrOtherBasisAmt |
| Depreciation | $87,678 | DepreciationAmt |
| Book Value | $44,815 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $77,820 | OtherCostOrOtherBasisAmt |
| Depreciation | $66,159 | DepreciationAmt |
| Book Value | $11,661 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $83,226 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CERTIFICATES OF DEPOSIT | Desc |
| Book Value | $5,484,850 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,484,850 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AGENCY FUNDS | Desc |
| Amt | $125,688 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $125,688 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,498,037 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,155,798 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $129,275 | OtherRevenueAmt |
| Revenue Not Reported | $4,285,073 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,212,964 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $96,660 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $19,402 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $116,062 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,329,026 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,926,983 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,926,983 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $96,660 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $2,102 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $98,762 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,025,745 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE ENDOWMENTS WERE SET UP WITH RESTRICTED CONTRIBUTIONS. THE ORGANIZATION ADMINISTERS AND DISTRIBUTES FUNDS IN ACCORDANCE WITH THE DONOR RESTRICTIONS. |
| SCHEDULE D, PAGE 3, PART X | THE FOUNDATION RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY- THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. THE FOUNDATION HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES. THE FOUNDATION'S FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS FOR 2018, 2019, AND 2020 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE INDIANA DEPARTMENT OF REVENUE. RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY ARE FILED. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | CHANGE IN VALUE OF CRUT 129,275 |
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | AGENCY FUND REVENUE 19,402 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | AGENCY FUND EXPENSES 2,102 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (18 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| CITY OF COVINGTON | |||||||||
| PO BOX 248 | COVINGTON | IN | 47932 | 356000993 | GOV | $10,000 | EVENTS | ||
| CLINTON CITY FIRE DEPARTMENT | |||||||||
| 332 MULBERRY ST | CLINTON | IN | 47842 | 300319293 | 501C3 | $15,000 | RESCUE TRAINING | ||
| COVINGTON COMMUNITY SCHOOL CORP | |||||||||
| 601 MARKET ST | COVINGTON | IN | 47932 | 351067770 | GOV | $50,000 | PROGRAM SUPPORT | ||
| TERRE HAUTE CATHOLIC CHARITIES | |||||||||
| PO BOX 3318 | TERRE HAUTE | IN | 47803 | 311074018 | 501C3 | $10,000 | OPERATING SUPPORT | FOODBANK | |
| TOWN OF CAYUGA | |||||||||
| 301 FIRST STREET | CAYUGA | IN | 47928 | 351079435 | GOV | $20,000 | PLAYGROUND EQUIPMENT | ||
| TOWN OF DANA | |||||||||
| PO BOX 371 | DANA | IN | 47847 | 356001002 | GOV | $20,000 | IMPROVE BALL FIELD | ||
| ATTICA NORTH NEIGHBORHOOD | |||||||||
| 121 W MAIN ST | ATTICA | IN | 47918 | 451617249 | 501C3 | $8,175 | BUS STOP SHELTER | ASSOCIATION | |
| COVINGTON CITY PARK | |||||||||
| 1 CITY PARK DR | COVINGTON | IN | 47932 | 356000993 | GOV | $40,000 | NEW RESTROOMS | ||
| COVINGTON PUBLIC LIBRARY | |||||||||
| 622 5TH ST | COVINGTON | IN | 47932 | 356001307 | GOV | $55,000 | OPERATING SUPPORT | ||
| COVINGTON YOUTH BASEBALL LEAGUE | |||||||||
| PO BOX 142 | COVINGTON | IN | 47932 | 842423626 | 501C3 | $10,000 | CONCESSIONS IMPROVE | ||
| COVINGTON YOUTH FOOTBALL | |||||||||
| 99 RYAN DR | HARRISON | OH | 45030 | 364940020 | 501C3 | $5,500 | FOOTBALL EQUIPMENT | ||
| FOUNTAIN CITY LANDMARKS | |||||||||
| PO BOX 24 | ATTICA | IN | 47918 | 311220418 | 501C3 | $10,000 | OLD LIBRARY ROOF | ||
| HELT FIRE & RESCUE INC | |||||||||
| PO BOX 721 | DANA | IN | 47847 | 311050158 | GOV | $15,000 | FIRE RESCUE TOOLS | ||
| NICHES LAND TRUST | |||||||||
| 1782 N 400 E | LAFAYETTE | IN | 47905 | 351964901 | 501C3 | $10,000 | SHAWNEE BOTTOMS IMPR | ||
| TWIN LAKES CAMP & CONFERENCE CENTER | |||||||||
| 1451 E TWIN LAKES RD | HILLSBORO | IN | 47949 | 351187051 | 501C3 | $5,021 | OPERATING SUPPORT | ||
| VEEDERSBURG PUBLIC LIBRARY | |||||||||
| 408 N MAIN ST | VEEDERSBURG | IN | 47987 | 356001307 | GOV | $10,000 | NEW GAZEBO | ||
| VEEDERSBURG REVITALIZATION ASSOC | |||||||||
| PO BOX 34 | VEEDERSBURG | IN | 47987 | 452753147 | 501C3 | $7,000 | TRAIN DEPOT | ||
| VERMILLION TRAILS ALLIANCE | |||||||||
| 703 W PARK ST | CAYUGA | IN | 47928 | 823697623 | 501C3 | $25,000 | TRAIL IMPROVEMENTS | 8207 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 18 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 251 | RecipientCnt |
| Cash Grant | $191,058 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | GRANT PAYMENTS ARE NOT ISSUED TO GRANTEES UNLESS A PAID INVOICE IS PROVIDED. PAYMENTS ARE ISSUED TO THE RESPECTIVE VENDOR WHO WILL BE PROVIDING THE SERVICE/PRODUCT. SCHOLARSHIPS FOR TUITION ARE WRITTEN TO THE STUDENT AND THEIR SELECTED SCHOOL. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $28,504 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVE HIGH/LOW DATE OF GIFT | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | "HELPING PEOPLE IMPROVE OUR COMMUNITY." FAMILIES, INDIVIDUALS, BUSINESSES, AND NONPROFIT GROUPS ESTABLISH FUNDS WITHIN THE FOUNDATION INTO WHICH THEY CAN CONTRIBUTE A VARIETY OF ASSETS TO BE USED FOR CHARITABLE PURPOSES. GRANTS ARE AWARDED TO COMMUNITY PROJECTS, NONPROFIT ORGANIZATIONS, AND STUDENTS FOR SCHOLARSHIPS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE AUDIT COMMITTEE REVIEWS THE AUDIT REPORT - THE FINANCE COMMITTEE AND THE BOARD REVIEW THE AUDIT COMMITTEE'S RECOMMENDATION. THE FORM 990 IS ALSO REVIEWED BY THE BOARD PRIOR TO ITS FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CONFLICT OF INTEREST POLICY IS DISCUSSED AT THE FIRST BOARD MEETING OF EACH CALENDAR YEAR WHEN FORMS ARE DISTRIBUTED FOR BOARD MEMBER SIGNATURES. DISCUSSIONS ALSO TAKE PLACE FROM TIME TO TIME AT REGULAR BOARD MEETINGS. BOARD MEMBERS ABSTAIN FROM VOTING WHEN THEY HAVE A CONFLICT OF INTEREST WITH A PENDING MOTION. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD OF DIRECTORS APPROVES PAY ANNUALLY AND BASE THEIR RECOMMENDATIONS ON THE EMPLOYEE'S PERFORMANCE, COMPARABLE DATA, AND INFLATION INCREASES. THE BOARD OF DIRECTORS APPROVE THE INCREASE PRIOR TO THE CHANGE BECOMING EFFECTIVE. |
| FORM 990, PAGE 6, PART VI, LINE 15B | NO OTHER OFFICERS OR KEY EMPLOYEES ARE COMPENSATED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE FOUNDATION'S 990 IS ON THE INTERNET AT GUIDESTAR.ORG AND THE NATIONAL CENTER FOR CHARITABLE STATISTICS. THE FOUNDATION'S ANNUAL REPORT MAKES REFERENCE THAT THE AUDIT IS AVAILABLE FOR REVIEW DURING THE OFFICE HOURS OF THE ORGANIZATION. |
| FORM 990, PART XI, LINE 9 | CHANGE IN VALUE OF CRUT 129,275 AGENCY FUND REVENUE -19,402 AGENCY FUND EXPENSES 2,102 TOTAL 111,975 |
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