2021-09-14T13:13:51-07:00 2021-06-30 680260103 REGALIA & ASSOCIATES CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2020-07-01 943322348 EDEN AREA FOUNDATION INC EDEN 5105829533 21455 BIRCH STREET HAYWARD CA 94541 Patricia Payne Treasurer 5105829533 2021-09-14 true Patricia Payne 999009999 Douglas W Regalia P00186389 9253140390 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Keith R Smith 21455 BIRCH STREET HAYWARD CA 94541 151590 false X www.edenareafoundation.org X 1999 CA Eden Area Foundation, Inc. was incorporated February 9, 1999 as a non-profit Public Benefit Corporation in the state of California to support and fund a variety of outreach programs benefiting needy community members. 10 10 0 11 0 0 0 149077 151515 75 149077 151590 250000 230000 0 0 0 0 36924 28677 286924 258677 -137847 -107087 5266332 6091189 140720 29901 5125612 6061288 The Foundation was created through the generous contribution of a large gift from Eden United Church of Christ (Congregational) which it received from the estates of Gordon and Alden Oliver. The Foundation serves Southern Alameda County. false false 230000 230000 The objective of the Eden Area Foundations stewardship and development of these philanthropic funds is to carry out donors wishes by serving the following purposes: To support Christian outreach programs for the welfare of the local community; To exercise such stewardship in ways that promote Christian principles, demonstrate Christian compassion in the community, and enliven Eden Church itself.Eligibility for Grants:To be eligible for funding, an application organization must: * be a 501(c)(3) tax-exempt charitable organization, * provide services to residents of Alameda County, * include a significant representation of Alameda County residents on its governing board, and * have an annual financial audit in accordance with generally accepted accounting principles.Special consideration will be given to organizations located in the Eden Area (including Hayward, San Lorenzo, Ashland, Cherryland, Castro Valley and San Leandro).During the year ended June 30, 2021, Eden Area Foundation awarded grants totaling $230,000 to the Eden United Church of Christ, an affiliate, for its ministerial activities. 230000 true false false false false false false false false false false true false false false true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 3 0 true 0 false false false false false false false 0 false false false false false false false X 10 10 true false false false false false false true true false false true true true true true true true true false CA X X Patricia Payne 5107276753 21455 BIRCH STREET HAYWARD CA 94541 X Keith R Smith President 4.00 0.00 X X 0 0 0 Aisha Knowles Vice President 4.00 0.00 X X 0 0 0 Patricia Payne Treasurer 4.00 0.00 X X 0 0 0 Athena Guy Malloy Clerk 4.00 0.00 X X 0 0 0 Jessica Shimmin Director 2.00 0.00 X 0 0 0 Robert Turner Director 2.00 0.00 X 0 0 0 Suzie Hasselkuss Director 2.00 0.00 X 0 0 0 Scott Swanson Director 2.00 0.00 X 0 0 0 Jana Aloo Director 2.00 0.00 X 0 0 0 Rev Dr Arlene K Nehring Senior Minister 4.00 0.00 X 0 0 0 0 false false false 0 0 0 151515 151515 0 0 0 0 0 0 0 Other revenue 75 75 75 151590 75 151515 230000 230000 0 0 0 0 0 0 0 0 0 0 0 15043 15043 0 0 0 0 0 12248 12248 0 0 0 0 0 0 0 0 0 1336 1336 TAXES 50 50 0 258677 230000 28677 0 0 142503 1685 0 0 0 0 0 0 400 0 0 5123829 6089104 0 0 0 5266332 6091189 15720 29901 125000 140720 29901 X 5125612 6061288 5125612 6061288 5266332 6091189 -107087 1090910 -48147 X false true X true false X X X 1 Eden United Church of Christ 941265059 1 false 230000 0 1 230000 0 true false false false false false false false false false false false false false false true 6089104 X 1270681 1090910 76328 1167238 103443 48147 48147 151590 335005 76328 76328 258677 258677 Part X : FIN48 Footnote Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, the Foundation is required to report information regarding its exposure to various tax positions taken by the organization and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that it has adequately evaluated its current tax positions and has concluded that as of June 30, 2021, the Foundation does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.The Foundation has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. This exemption is subject to periodic review by the federal and state taxing authorities and management is confident that the organization continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. The Foundation may periodically receive unrelated business income requiring the organization to file separate tax returns under federal and state statutes. Under such conditions, the Foundation calculates and accrues the applicable taxes payable. true Eden United Church of Christ 21455 Birch Street Hayward CA 94541 941265059 501c3 230000 0 CHURCH PROJECTS 1 0 Additional Supplemental Information Major changes in a program or funding during the grant period must bedisclosed in writing to the Board for approval. Grantmaker's Description of How Grants are Used The Foundation requires all grant recipients to provide narrative and financial reports during the grant period. Annual grants of more than $5,000 must report every six months. Grants of $5,000 or less and multiyear grants must report annually. All grants must report at the end of the grant period.Funds will not be released for a six-month period until a complete report for the prior period has been received in the Foundation office.The Foundation will not consider a Letter of Intent from an organizationunless all required reports for any prior grants were submitted in a timely manner.A Foundation representative may make periodic site visits or request periodic meetings at the Foundations offices to monitor the grant in progress. Eden United Church Christ Eden Affiliate 230000 Program support false Client Note 1 Client Note 1 - INVESTMENTS-----------Investment accounts consist of the following at June 30, 2015 and 2014: June 30, 2015 June 30, 2014 --------------------- --------------------- Cost Fair Cost Fair Basis Value Basis Value --------- --------- --------- ---------Brandes EM $ 300,441 $ 283,934 $ - $ -Brandes Global 321,201 303,553 305,816 335,236Eagle 309,224 292,235 278,220 304,984Hansberger 335,717 317,272 291,402 319,435Invesco/Accuvest 327,047 309,078 289,120 316,933Madison 757,743 716,110 660,679 724,235Parametric EAFE 319,025 301,496 286,461 314,019Parametric R3 1,916,513 1,811,214 1,974,624 2,164,580Liquid Alternatives 521,633 492,973 459,106 503,272Pimco Bond Account 772,125 729,702 659,306 722,731 --------- --------- --------- ---------Total investments $5,880,669 $5,557,567 $5,204,734 $5,705,425 ========= ========= ========= =========Investment income (comprised of interest and dividends) amounted to $129,616 and $141,052 for the years ended June 30, 2015 and 2014, respectively. Investment management fees amounted to $61,449 and $57,738 for the years ended June 30, 2015 and 2014, respectively. Unrealized gains (losses) amounted to ($324,536) and $510,343 for the years ended June 30, 2015 and 2014, respectively.NONCASH CHARITABLE CONTRIBUTIONS--------------------------------EDEN AREA FOUNDATION RECEIVES PRO-BONO SERVICES AND FACILITIES FROM EDEN UNITED CHURCH OF CHRIST IN HAYWARD, CALIFORNIA. THIS TAX RETURN REFLECTS THE ESTIMATED VALUE OF THESE SERVICES WHICH MANAGEMENT HAS VALUED AT $70,000 PER YEAR (PRO-BONO RENT OF $60,000 PER YEAR AND PRO-BONO SERVICES OF $10,000 PER YEAR). Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BYTHE ORGANIZATION'S MANAGEMENT, A MEMBER OF THE BOARD OF DIRECTORS, AND THE BOARD TREASURER. THIS GROUP OF INDIVIDUALS THEN DISCUSSES THE CONTENTS OF THE RETURN WITHTHE OUTSIDE TAX PROFESSIONAL. AFTER A FULL REVIEW, THE FINAL VERSION OF THE TAX RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S VOTING BODY. THE BOARD TREASURER AUTHORIZES THE FINAL FORM 990 WHICH IS THEN E-FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Members OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST ATLEAST ANNUALLY. ALL of the BOARD MEMBERS ARE REQUIRED TO DISCLOSE (IN WRITING) POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. LOANS BETWEEN THEORGANIZATION AND MEMBERS OF MANAGEMENT AND THE BOARD ARE STRICTLY PROHIBITED. THEORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS (IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management the Foundation does not employ an executive or top management. Professional services for project coordination, bookkeeping, and secretarial support are seconded through an MOU with Eden United Church of Christ. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees the Foundation does not employ an executive or top management. Professional services for project coordination, bookkeeping, and secretarial support are seconded through an MOU with Eden United Church of Christ. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER LEGALFILINGS ARE MAINTAINED IN A SECURE ENVIRONMENT AND HELD AVAILABLE FOR INSPECTION BYTAX AUTHORITIES AND THE GENERAL PUBLIC. TAX RETURNS ARE POSTED ANNUALLY TOWWW.GUIDESTAR.ORG (WHERE THEY ARE AVAILABLE FOR VIEWING AS ELECTRONIC COPIES) AND ARE ALSO AVAILABLE FOR A PHYSICAL INSPECTION AT THE ORGANIZATION'S OFFICE IN HAYWARD, CALIFORNIA.