2021-07-28T14:33:30-07:00 2020-12-31 382763936 KAMMERMANN & BASCOM PC 110 PARK AVENUE CHARLEVOIX MI 49720 990 2020-01-01 383033739 Charlevoix County Community Foundation CHAR 2315362440 PO Box 718 East Jordan MI 49727 Robert A Hansen Jr President 2021-07-22 true Robert A Hansen Jr 999009999 Velda K Kammermann P01056809 2315474911 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Robert A Hansen Jr 16042333 false X www.c3f.org X 1991 MI Awarding grants and scholarships. 15 15 5 0 2182875 4218344 0 3053874 3168617 0 5236749 7386961 2210040 2471263 0 437138 405785 0 137110 217031 288315 2864209 3165363 2372540 4221598 43258184 51534069 3470332 4182433 39787852 47351636 Awarding grants and scholarships. false false 2861479 2471263 The Organization serves the County of Charlevoix, Michigan, through the awarding of grants to other non-profit organizations and scholarships to students. 2861479 true true false false false true false false true true true false false false true false true false false false false false false false false false false true true false false false false false false false true false true false false false false false false false false true 6 0 true 5 true false false false false false false false 0 false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true true false MI X X Robert A Hansen Jr 2315362440 301 Water Street East Jordan MI 49727 Robert Hansen Jr President 40.00 0.00 X 112166 0 0 Josette Lory Chair 2.00 0.00 X X 0 0 0 Don Jess Vice-Chair 2.00 0.00 X X 0 0 0 Lori Meeder Treasurer 2.00 0.00 X X 0 0 0 Fred Malpass Secretary 2.00 0.00 X X 0 0 0 Scott Diller Trustee 1.00 0.00 X 0 0 0 Tim Manchester Trustee 1.00 0.00 X 0 0 0 Carol Burton Trustee 1.00 0.00 X 0 0 0 Evelyn Howell Trustee 1.00 0.00 X 0 0 0 Bob Hoffman Trustee 1.00 0.00 X 0 0 0 Perry Irish Hodgson Trustee 1.00 0.00 X 0 0 0 John Doskoch Trustee 1.00 0.00 X 0 0 0 Monica Peck Trustee 1.00 0.00 X 0 0 0 Bill Lorne Trustee 1.00 0.00 X 0 0 0 Tami Vincent Trustee 1.00 0.00 X 0 0 0 Jennifer Boyer Trustee 1.00 0.00 X 0 0 0 112166 1 false false false 0 69322 4149022 671618 4218344 0 992083 992083 0 0 0 10831906 8655372 2176534 2176534 2176534 0 0 0 0 7386961 3168617 2275550 2275550 195713 195713 0 0 112166 39258 50475 22433 49514 27233 17330 4951 164708 82508 23351 58849 17965 8201 5018 4746 33906 15478 9470 8958 27526 12566 7688 7272 0 164 90 49 25 15687 8628 4706 2353 0 0 0 5082 2795 1525 762 14138 7775 2121 4242 20415 11228 6125 3062 0 0 26975 14836 8093 4046 10613 5837 3184 1592 0 7461 4104 2238 1119 0 0 17951 9873 5385 2693 0 Life insurance premiums 103112 103112 Consulting Services 51935 28564 15581 7790 Supplies 7926 4359 2378 1189 Dues and subscriptions 6856 3771 2057 1028 0 3165363 2861479 166774 137110 100067 100388 2804908 3374118 27192 33916 0 0 0 0 0 3005 3005 567844 154078 431717 413766 39891295 47608876 0 0 0 0 43258184 51534069 17449 11000 316766 295388 56069 6166 3080048 3869879 3470332 4182433 X 821535 845243 38966317 46506393 39787852 47351636 43258184 51534069 X 4221598 4132017 -789831 X false true X true false X 6429029 2654907 1751296 2182875 4218344 17236451 0 0 6429029 2654907 1751296 2182875 4218344 17236451 6474712 10761739 616789 1338261 1446866 1158596 992083 5552595 0 -2558 307947 482191 1895278 2176534 4859392 27648438 4800 0.38920 0.40240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 72 1515319 901215 15409245 true true true 56069 5549 55452 6166 true X 33170708 2299476 5982762 629022 1084891 39739033 27461678 826718 6255838 552460 821066 33170708 30047656 1330267 -2470586 547034 898625 27461678 25676480 918300 4865469 818344 594249 30047656 24600368 954629 1646445 705652 819310 25676480 0.16030 0.83970 false false false 25000 25000 460967 82722 378245 81877 71356 10521 413766 Funds Held on Behalf of Agencies 3869879 3869879 10729147 4132017 -789831 3342186 7386961 7386961 3165363 3165363 3165363 Part IV, Line 2b: Explanation of escrow account liability The Foundation holds and invests funds that other 501(c)(3) organizations have designated for capital projects. These amounts are recorded as a custodial account liability. Part V, Line 4: Intended uses of the endowment fund. Net income shall be distributed from the fund for the charitable purpose of the fund. The term "net income" means the amount available for distribution from the fund under the Foundation's spending policy in effect from time to time. The principal of the fund shall remain intact and not be subject to distribution, absent unusual circumstances. true See Attached Schedule MI 49727 2275550 0 See Attached Schedule 87 0 Educational Scholarships 38 195613 Public Protection 1 100 Grantmaker's Description of How Grants are Used There are a number of check points in the life of a grant to help monitor that the grant was used by an organization for its intended purpose:-After the Foundation approves a grant for distribution to an organization, it sends each grantee a grant notification letter, a grant agreement, a financial report form and/or a final report form. The purpose of these forms is to specify the amount and purpose of the grant, and the specific reporting requirements of the grantee at the end of the grant period as to how the funds were used.-If the grant is for the purchase of a specific item, the Foundation will require the grantee provide a receipt as proof of purchase. -The Foundation and the grantee disseminate news releases to the print and electronic media announcing the grant and its purpose to the public.-Foundation staff conduct site visits to the grantee organization to "see" the grant in action. Laura Hansen Married to President 49514 Wages for Employment false X 10 671618 FMV false true true Part I, Line 32, Hire and Use of Third Parties The Foundation uses a brokerage firm to sell publicly traded securities it receives as noncash contributions. Form 990, Part VI, Line 11b: Form 990 Review Process The President reviews the completed Form 990 for compatibility with the financial audit. The Form 990 is included as an agenda item at the next meeting of the Finance Committee. Each member of the committee receives a copy in advance of the meeting. A recommendation for acceptance is brought to the Board of Trustees with copies made available for the entire Board. The Finance Committee, in its role as the Audit Committee, meets with the auditor to discuss the audit, Form 990, and related financial reports and processes. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Each Trustee receives a copy of the Conflict of Interest Policy in their orientation manual, which they review with the President. They are also given a "Trustee Disclosure Statement" to complete and sign. The Disclosure Statement identifies any business or avocational interest, or charitable or civic involvement which might give rise to a possible conflict of interest or duality of interest with the Community Foundation. This process is repeated every year in January. The completed statements are kept on file in the Foundation office. Also on file, are completed Conflict of Interest forms for members of the Youth Advisory Committee, and scholarship selection committee members. During the course of a meeting, a Trustee declares a conflict of interest and abstains from voting on matters that present a potential or perceived conflict. Their abstention is noted in the minutes of the meeting. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Foundation's President is evaluated by the Executive Committee according to a "compensation review process." Using a combination of the evaluation results and information obtained from salary and benefits surveys, the Executive Committee makes a compensation recommendation for the President to the Board of Trustees, the President is not present during the discussion, nor does he participate in the vote. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Foundation adheres to the "Recommended Best Practices in Determining Reasonable Executive and Staff Compensation" as put forth by the Council of Foundations. Generally, reasonable compensation is defined as what similar persons in similar positions with similar duties in similar organizations are paid. To determine reasonable levels of compensation the Foundation relies on salary and compensation surveys, and comparisons with similar organizations in relative geographic proximity, specifically, we use information obtained from:-The Council on Foundation's Annual Grantmakers Salary and Benefits Report.-The Council on Foundation's Annual Compensation, Summary for the Council of Michigan Foundations - Community Foundations.The proceedings of all committee and board meetings are documented in writing and filed with the Foundation's permanent records. The compensation determination process and salary and benefits research occurs in the last quarter of the fiscal year. Board approved salary and benefit payments begin with the start of the next fiscal year.The President is responsible for evaluating and recommending compensation for staff following the same process used to determine the President's compensation. The President and staff are the only employees/officers of the Foundation that receive compensation. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available It is the policy and practice of the Foundation to comply with all Internal Revenue Service laws and requirements for public disclosure for tax-exempt organizations. This includes providing copies of our exemption application (Form 1023), and the three most recently filed annual information returns (Form 990) to individuals making a request in person or in writing. Form 990 and the financial statements are also available on the Foundation's website. The Foundation's governing documents, conflict of interest policy, and financial statmeents are available upon request to the Foundation President. Other Changes In Net Assets Or Fund Balances - Other Decreases Transfer to funds held on behalf of other agencies = -$789831