2021-10-04T13:51:59-05:00 2020-12-31 363990892 Capin Crouse LLP 1255 Lakes Parkway STE 130 Lawrenceville GA 30043 990 2020-01-01 300595477 Summit Foundation SUMM 7045871403 14830 Choate Circle Charlotte NC 282417900 Fred Ely Secretary & Treasurer 7045871403 2021-10-04 1 Fred Ely 999009999 Ted R Batson Jr P00721951 8173286510 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Rene Palacio 14830 Choate Circle Charlotte NC 282417900 15 0 X n/a X 2009 MI To further the Kingdom of God by supporting beneficiary organizations. 3 1 0 3 0 0 0 0 0 0 3500235 15 0 0 3500235 15 4224249 338800 0 0 0 0 0 0 0 7899 13141 4232148 351941 -731913 -351926 51203610 50851473 211 0 51203399 50851473 X The Foundation seeks to further the Kingdom of God by supporting beneficiary organizations as an integral part of the Evangelical purposes of the beneficiary organizations and the worldwide Evangelical Christian missions and activities being carried on by the beneficiary organizations. 0 0 338800 338800 0 The Foundation supported 6 beneficiary organizations through cash grants that support the beneficiary organization's programs. 338800 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X Fred Ely 7045871403 14830 Choate Circle Charlotte NC 282417900 Rene Palacio President 1.00 40.00 X X 0 54078 56334 Fred Ely Secretary & Treasurer 2.00 40.00 X X 0 54180 33492 Ronald Williams Board Member 1.00 1.00 X 0 0 0 0 108258 89826 0 0 0 0 0 15 15 15 0 0 15 338800 338800 7742 7742 5300 5300 99 99 351941 338800 13141 0 169 118 370841 18755 50832600 50832600 51203610 50851473 211 211 0 X 51203399 50851473 51203399 50851473 51203610 50851473 -351926 0 X 1 X 0 1 0 X X X 1 SIM USA 221936391 1 1 50000 0 1 50000 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 Part IV, Section A, Line 6: The organization made grants to organizations other than SIM USA under the authority of SIM USA. The grantee organizations are listed on Schedule I, Part II. Part IV, Section C, Line 1: The fact that the Foundation is operated, supervised, and controlled in connection with one or more publicly supported charitable organizations, specifically SIM USA, is clearly established through the following facts: 1) A majority of the members of the board of directors of the Foundation also participate in the governance, management, and control of SIM USA. All grants are approved individually by the board, a majority of which is made up of SIM USA board members. 2) SIM USA has the right to name one or more members of the board of directors. 3) The assets of the Foundation have to ultimately be used for or distributed in accordance with the approval and direction of SIM USA. 0 Ownership interest in limited partnership 50832600 C 50832600 1 SIM USA 14830 Choate Circle Charlotte NC 28273 221936391 501(c)(3) 50000 Ministry support 4Africa 1320 South University Dr Ste 500 Fort Worth TX 76107 821565477 501(c)(3) 100000 Ministry support Edify 8825 Aero Drive Suite 200 San Diego CA 92123 270892545 501(c)(3) 50000 Ministry support African Mission Healthcare Foundation 101 North Woodland Blvd Ste 500 DeLand FL 32720 273663856 501(c)(3) 40000 Ministry support World Orphans 6020 Erin Park Drive Ste A Colorado Springs CO 80918 330571309 501(c)(3) 48800 Ministry support Morning Star Development PO Box 62327 Colorado Springs CO 80962 542086318 501(c)(3) 50000 Ministry support 6 0 Part I, Line 2: The Foundation requires recipients to provide reports detailing the use of funds and program outcomes. Form 990, Part VI, Section A, line 8b The organization has no committees with authority to act on behalf of the governing body. Therefore, this line was answered no in accordance with the instructions. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. The 990 is reviewed in detail by the organization's top management and the board prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The President is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 Questions 15a & 15b - The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are available upon request. SIM USA 14830 Choate Circle Charlotte NC 28273 221936391 Missions NC 501(c)(3) Line 1 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0