2021-05-12T10:03:01-05:00 2020-06-30 371709475 FOSTER AND COMPANY LLC 804 E FAIRVIEW LOOP WASILLA AK 99654 990 2019-07-01 920139183 HOMER FOUNDATION HOME 9072350541 PO BOX 2600 HOMER AK 996032600 TERRI SPIGELMYER PRESIDENT 9072350541 2021-05-12 KAREN FOSTER P01436085 9073766901 2021-05-12 2019 2022-09-23 18:48:47Z TERRI SPIGELMYER PO BOX 2600 HOMER AK 996032600 646812 false X WWW.HOMERFOUNDATION.ORG X 1991 AK TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES. 12 12 4 15 0 650564 568085 799 0 62453 76599 1429 1495 715245 646179 176632 356268 0 80706 78095 0 3571 60495 58483 317833 492846 397412 153333 2977547 3202250 310077 303848 2667470 2898402 X TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES. false false 140121 140121 YEAR-ROUND GRANTS PROGRAM TO SUPPORT CHARITABLE ACTIVITIES IN THE COMMUNITY. 39500 39500 CITY OF HOMER GRANTS PROGRAM TO SUPPORT TAX EXEMPT ORGANIZATIONS PROVIDING PROGRAMS AND SERVICES WITHIN THE CITY OF HOMER. 36599 36599 COVID-19 RESPONSE FUND TO SUPPORT ORGANIZATIONS ADDRESSING BASIC NEEDS INCREASES DUE TO THE COVID-19 PANDEMIC. 172919 140048 ALL OTHER PROGRAMS. 172919 140048 389139 true true false false false true false false false true false false false false true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true 3 0 4 true false false false false false false false false false false false false false false X 12 12 false false true false false false false true true false false true true true true true true true false false X X MIKE MILLER 9072350541 PO BOX 2600 HOMER AK 996032600 MIKE MILLER EXECUTIVE DI 40.00 X 29518 0 0 JOY STEWARD OUTGOING EX 40.00 X 24000 0 0 TERRI SPIGELMYER PRESIDENT 3.00 X X 0 0 0 VAN HAWKINS VICE PRESIDE 1.00 X X 0 0 0 PAULA MARTIN TREASURER 2.00 X X 0 0 0 TOM KIZZIA SECRETARY 1.00 X X 0 0 0 STEVE ALBERT TRUSTEE 1.00 X 0 0 0 MATT CLARKE TRUSTEE 1.00 X 0 0 0 LIZ DOWNING TRUSTEE 1.00 X 0 0 0 BONNIE JASON TRUSTEE 2.00 X 0 0 0 FLO LARSON TRUSTEE 1.00 X 0 0 0 PHIL MORRIS TRUSTEE 1.00 X 0 0 0 DENISE PITZMAN TRUSTEE 2.00 X 0 0 0 PAUL SEATON TRUSTEE 2.00 X 0 0 0 CAROL SWARTZ TRUSTEE 1.00 X 0 0 0 KEN TAYLOR TRUSTEE 1.00 X 0 0 0 53518 false false false 50779 517306 150 568085 76599 76599 2128 633 1495 1495 646179 78094 323768 323768 32500 32500 50000 8500 41500 21874 3443 18431 6221 1037 5184 280 193 87 3675 2536 1139 15649 10834 4815 7921 7921 17219 310 15944 965 3410 3410 ALLOWANCE FOR MANAGED FUN 6018 6018 DEVELOPMENT 2606 2606 DUES AND SUBSCRIPTIONS 1705 1705 492846 389139 100136 3571 24055 2574 442860 375181 364 420 15690 15056 4139 726 2487833 2806255 2606 2038 2977547 3202250 525 758 22750 11400 286802 291690 310077 303848 X 2431529 2671509 235941 226893 2667470 2898402 2977547 3202250 153333 77599 X true X false true false X 502902 641525 390863 650564 568085 2753939 502902 641525 390863 650564 568085 2753939 269194 2484745 27906 4042 62453 76599 171000 1381 1381 2926320 12389 0.84910 0.84240 X PART II, LINE 10 REFUNDS, REBATES, REIMBURSEMENTS 1,381 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12 14517 8500 290206 true true 88062 971 4488 2709 90813 83475 3250 4320 2983 88062 83523 500 -548 83475 104268 430 -21175 83523 93584 500 10184 104268 1.00000 false false 1484 FUNDS MANAGED FOR OTHERS 290206 291690 X SCHEDULE D, PAGE 2, PART V, LINE 4 PERMANENTLY RESTRICTED NET ASSETS CONSIST OF AN ENDOWMENT THAT MUST BE MAINTAINED IN PERPETUITY BY THE FOUNDATION. IN ACCORDANCE WITH DONOR RESTRICTIONS, THE FOUNDATION MAY USE THE INVESTMENT INCOME FROM THIS ENDOWMENT TO SUPPORT OPERATIONS. SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION AS DEFINED UNDER SECTION 509(A) (1). THE FOUNDATION IS EXEMPT FROM STATE INCOME TAXES UNDER THE ALASKA NONPROFIT CORPORATION ACT. THEREFORE, THE ACCOMPANYING STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. ALTHOUGH THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES, ANY INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES IS SUBJECT TO THE REQUIREMENT OF FILING FEDERAL INCOME TAX FORM 990-T AND A TAX LIABILITY MAY BE DETERMINED ON THESE ACTIVITIES. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. true ANCHOR POINT FOOD PANTRY 73358 SCHOOL STREET ANCHOR POINT AK 99556 461962921 501C3 7000 OPERATING SUPPORT ANCHOR POINT SENIOR CITIZENS INC 72750 MILO FRITZ AVE ANCHOR POINT AK 99556 920094773 501C3 6700 OPERATING SUPPORT BUNNELL STREET ART 106 W BUNNELL AVE HOMER AK 99603 943220880 501C3 7307 OPERATING SUPPORT CENTER FOR ALASKAN COASTAL STUDIES 708 SMOKEY BAY WAY HOMER AK 99603 920086250 501C3 7997 OCEAN SCIENCE CITY OF KACHEMAK PO BOX 958 HOMER AK 99603 920056742 GOV 91329 OPERATING SUPPORT HOMER COMMUNITY FOOD PANTRY 770 EAST END RD HOMER AK 99603 920153030 501C3 39049 OPERATING SUPPORT HOMER FARMERS MARKET PO BOX 2274 HOMER AK 99603 920176052 501C3 8200 OPERATING SUPPORT HOMER SENIOR CITIZENS 3935 SVEDLUND ST HOMER AK 99603 920077789 501C3 8459 OPERATING SUPPORT HOSPICE OF HOMER PO BOX 4174 HOMER AK 99603 920115943 501C3 8357 OPERATING SUPPORT KACHEMAK BAY FAMILY PLANNING 3959 BEN WALTERS LANE HOMER AK AK 99603 920106486 501C3 11086 OPERATING SUPPORT KBBI 3913 KACHEMAK WAY HOMER AK 99603 920060366 501C3 8005 OPERATING SUPPORT PRATT MUSEUM 3779 BARTLETT ST HOMER AK 99603 926002856 501C3 7611 OPERATING SUPPORT SOCCER ASSOCIATION OF HOMER PO BOX 698 HOMER AK 99603 462829828 501C3 10831 OPERATING SUPPORT 13 SCHOLARSHIPS 12 32500 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS: THOSE REQUESTING GRANTS COMPLETE AN APPLICATION WHICH IS REVIEWED BY HOMER FOUNDATION STAFF. GRANTS ARE AWARDED TO NONPROFIT ORGANIZATIONS IN HOMER THAT SERVE THE NEEDS OF HOMER RESIDENTS. GRANT REQUESTS OVER 2,500 ARE REVIEWED BY THE ENTIRE BOARD. SCHOLARSHIPS: THE HOMER FOUNDATION DISTRIBUTES SEVERAL SCHOLARSHIPS WITH VARYING REQUIREMENTS. STUDENTS SUBMIT APPLICATIONS WITH REQUESTED MATERIALS, WHICH ARE REVIEWED BY HOMER FOUNDATION STAFF FOR ELIGIBILITY. FORM 990, PAGE 2, PART III, LINE 4D ALL OTHER PROGRAMS. FORM 990, PAGE 6, PART VI, LINE 4 THERE WAS AN UPDATE TO THE BYLAWS, CHANGING NAMES OF ROLES, FROM BOARD CHAIR TO BOARD PRESIDENT, AS WELL AS THE NAMES AND DUTIES OF THE STANDING COMMITTEES. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEWS THE COMPLETED 990, THEN PRESENTS IT TO THE BOARD WITH THEIR RECOMMENDATION FOR ACCEPTANCE AT A REGULAR BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C AT THE BEGINNING OF THE YEAR, BOARD MEMBERS COMPLETE A DISCLOSURE STATEMENT LISTING ANY PERSONAL INTERESTS THAT COULD LEAD TO POTENTIAL CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION IS REVIEWED BY THE BOARD AT THE TIME OF THE EXECUTIVE DIRECTOR'S REVIEW. ANY INCREASE IN COMPENSATION IS BASED ON THAT REVIEW. SALARY, BENEFITS, AND BONUSES ARE DETERMINED TO BE AS APPROPRIATE AND SUSTAINABLE, AND COMPARED TO THE FORAKER GROUP'S ALASKA NONPROFITS SALARY AND BENEFITS SURVEY AND TO THE LOCAL EMPLOYMENT OPPORTUNITIES OF SIMILAR SCOPE AND RESPONSIBILITY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, FINANCIAL REPORTS ARE PRESENTED IN THE ANNUAL REPORT WHICH IS MAILED OUT TO 900 CONSTITUENTS AND POSTED ON OUR WEBSITE: WWW.HOMERFOUNDATION.ORG