2020-02-14T15:47:18-06:00 2019-09-30 580692043 MAULDIN & JENKINS LLC 2000 SOUTHBRIDGE PARKWAY STE 501 BIRMINGHAM AL 35209 990 2018-10-01 630308398 COMMUNITY FOUNDATION OF NORTHEAST ALABAMA COMM 2562315160 1130 QUINTARD AVENUE NO 100 ANNISTON AL 36201 JENNIFER S MADDOX PRESIDENT & CEO 2562315160 2020-02-14 1 MEREDITH SMITH P00663029 2054452880 2020-02-14 50.192.51.169 2020-02-14 09:58:47 ES P 2FE5331252EC516313DE39FF95BF980E466CC677 56E0BC33CA1654A59506440B8116EFC91B392966 2018 2020-11-19 02:30:22Z JENNIFER S MADDOX 1130 QUINTARD AVENUE NO 100 ANNISTON AL 36201 11425228 0 X WWW.YOURCOMMUNITYFIRST.ORG X 1999 AL TO ACHIEVE POSITIVE CHANGE THROUGH THE GENEROSITY OF DONORS, NOW AND FOR GENERATIONS TO COME 15 15 21 105 0 0 1485924 1467573 769064 752058 2274090 2787085 372801 656454 4901879 5663170 1568064 1424325 0 0 698920 858478 0 0 187381 1520253 1496102 3787237 3778905 1114642 1884265 46628969 45932251 3477800 3762495 43151169 42169756 TO ACHIEVE POSITIVE CHANGE THROUGH THE GENEROSITY OF DONORS, NOW AND FOR GENERATIONS TO COME 0 0 3223234 1424325 4254658 THE ORGANIZATION PROVIDED DIRECT SUPPORT TO QUALIFIED 501(C)(3) ORGANIZATIONS AND SCHOLARSHIP SUPPORT TO QUALIFED EDUCATIONAL INSTITUTIONS LOCATED PRIMARILY IN NORTHEAST ALABAMA. THE ORGANIZATION ALSO PROVIDED DIRECT PURCHASING IN RELATION TO CHARITABLE ACTIVITIES. 3223234 1 1 0 1 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 19 0 1 21 1 0 0 0 0 0 1 1 1 8 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X X JENNIFER S MADDOX 2562315160 1130 QUINTARD AVENUE SUITE 100 ANNISTON AL 36201 TOM POTTS BOARD CHAIR 1.00 X X 0 0 0 AL SHUMAKER BOARD VICE CHAIR 1.00 X X 0 0 0 RANDALL COLE BOARD TREASURER/F&I COMMITTEE CHAIR 1.00 X X 0 0 0 ANTHONY COOK SECRETARY/AUDIT COMMITTEE CHAIR 1.00 X X 0 0 0 TOMMIE GOGGANS TRUSTEE 1.00 X 0 0 0 ROD NOWLIN TRUSTEE 1.00 X 0 0 0 ANNA BERRY TRUSTEE 1.00 X 0 0 0 MARTHA LAVENDER TRUSTEE 1.00 X 0 0 0 JACK SWIFT TRUSTEE 1.00 X 0 0 0 JOHN ROCHESTER TRUSTEE 1.00 X 0 0 0 BRENDA STEDHAM TRUSTEE 1.00 X 0 0 0 MARY AMMONS TRUSTEE 1.00 X 0 0 0 NANDA PATEL TRUSTEE 1.00 X 0 0 0 BLAIR GOODGAME TRUSTEE 1.00 X 0 0 0 GLORIA BENNETT TRUSTEE 1.00 X 0 0 0 JENNIFER S MADDOX PRESIDENT & CEO 40.00 X 142950 0 26002 DEBORAH PFLEDDERER CFO 40.00 X 71000 0 24945 213950 0 50947 1 0 1 0 0 1467573 19076 1467573 ADMIN & PROJECT FEE 900099 752058 752058 752058 1441199 1441199 731397 0 731397 731397 731397 7107944 5762058 1345886 1345886 1345886 OTHER INCOME 900099 4596 4596 LOSS ON IMPAIRMENT OF ASSETS 900099 -79539 -79539 -74943 5663170 4191001 0 4596 X 1267825 1267825 156500 156500 212750 127948 49501 35301 407949 343664 45342 18943 34352 24483 6372 3497 156896 122735 26157 8004 46531 35554 6994 3983 15450 15450 9555 8115 1080 360 12073 9470 1684 919 21748 16311 3480 1957 23681 20522 2044 1115 40201 28164 7790 4247 89617 80655 5377 3585 8799 4169 4145 485 ADMINISTRATIVE FEES 724472 457794 172569 94109 OTHER PROGRAM EXPENSES 317019 316797 144 78 UNREALIZED LOSS ON SPLI 90851 90851 EQUIPMENT AND SUPPLIES 46939 41926 3243 1770 95697 69751 16918 9028 3778905 3223234 368290 187381 391582 980639 567685 67452 73395 5442 5584 3472404 961606 2674170 2510798 42821719 41299066 999998 79547 84143 46628969 45932251 177240 203799 347543 375675 194144 2953017 2988877 3477800 3762495 X 3062188 27328481 25411840 168289 14677141 14672986 43151169 42169756 46628969 45932251 1884265 -2865678 0 X X 0 1 X 1 0 X 1484643 1216278 2250188 1488308 1467573 7906990 1484643 1216278 2250188 1488308 1467573 7906990 1249585 6657405 2260652 1924393 1889833 2247422 1441199 9763499 17670489 0.37680 0.37180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1988 1988 3778905 3780893 339045 84761 0 0 277139 325385 339443 339045 1281012 1921518 1181 1625 1628 1988 6422 69285 81346 84861 84761 320253 480380 27 286071 282620 2763429 1 1 40991631 879866 -378 1637866 5532179 97785 34603289 39406787 464861 3420087 2183184 116920 40991631 34886943 1680141 5314091 2365537 108851 39406787 31297001 815970 4531524 1629019 128533 34886943 32739970 911142 -163332 2055678 135101 31297001 0.04500 0.42400 0.53100 0 0 444416 444416 2945543 888340 2057203 82445 73266 9179 2510798 AGENCY FUNDS - DUE TO OTHER ORGANIZATIONS 2761982 CHARITABLE GIFT ANNUNITY LIABILITY 226895 2988877 X 2797492 -2865678 -2865678 5663170 0 5663170 3778905 0 3778905 0 3778905 PART V, LINE 4: THE FOUNDATION'S INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SUPPORT IN PERPETUITY TO THE BENEFICIARY ORGANIZATION OR CHARITABLE PURPOSE AS PROVIDED FOR IN THE DOCUMENT CREATING THE ENDOWMENT. PART X, LINE 2: THE FOUNDATION APPLIES THE PROVISIONS OF THE ACCOUNTING STANDARDS CODIFICATION RELATING TO UNCERTAINTY IN INCOME TAXES. THE GUIDANCE REQUIRED ENTITIES TO ASSESS THEIR UNCERTAIN TAX POSITIONS FOR THE LIKELIHOOD THAT THEY WOULD BE OVERTURNED UPON IRS EXAMINATION. IN ACCORDANCE WITH THIS GUIDANCE, THE FOUNDATION HAD DETERMINED THAT IT DOES NOT HAVE ANY POSITIONS AT SEPTEMBER 30, 2019 AND 2018, THAT IT WOULD BE UNABLE TO SUBSTANTIATE. PART V, LINE 1E OPENING BALANCES FOR THE YEAR ENDED SEPTEMBER 30,2018 WERE ADJUSTED TO REFLECT A CHANGE IN PRESENTATION OF FUNDS ON THE CURRENT YEAR AUDIT. ALL ACCUMULATED CHANGES EFFECTING THE ENDOWMENT WERE RECORDED ON LINE 1E IN THE CURRENT YEAR ACTIVITY OF SCHEDULE D, PART V. ENDING ENDOWMENT TOTALS INCLUDE WITHOUT DONOR RESTRICTIONS: BOARD ENDOWED AND WITH DONOR RESTRICTIONS: BY SPENDING POLICY & IN PERPETUITY. 1 AGNES SCOTT COLLEGE 141 EAST COLLEGE AVENUE DECATUR GA 30030 580566116 501(C)(3) 8708 FOR EDUCATION ALABAMA POLICY INSTITUTE 2213 MORRIS AVENUE FIRST FLOOR BIRMINGHAM AL 35203 630809568 501(C)(3) 16500 FOR OPERATIONS, UNRESTRICTED ALABAMA COALITION FOR IMMIGRANT JUSTICE 1826 6TH AVENUE SOUTH IRONDALE AL 35210 474352872 501(C)(3) 15000 CENSUS 2020 WORK ARC OF CALHOUN & CLEBURNE COUNTIES 401 NOBLE STREET ANNISTON AL 36201 630749696 501(C)(3) 18794 SUMMER DAY CAMP PROGRAM, PROGRAM SUPPORT, GENERAL OPERATIONS AND ARTS OF WORD PROGRAM BIG BROTHERS BIG SISTERS OF NORTHEAST ALABAMA (BBBS) PO BOX 1304 ANNISTON AL 36202 630847018 501(C)(3) 14465 PROGRAM EXPENSES, MENTORING PROGRAM, GENERAL OPERATING AND PURCHASE OF PROGRAM CURRICULUM AND AGE SPECIFIC CHILD SAFETY TRAINING ALABAMA GIVING INC 110 OFFICE PARK DRIVE 300 BIRMINGHAM AL 35223 481266328 501(C)(3) 17560 CENSUS 2020 WORK ANNISTON MUSEUMS AND GARDENS PO BOX 1587 ANNISTON AL 36202 630738501 501(C)(3) 20000 TO COMPLETE PORCELAIN BIRD PROJECT AT ANNISTON MUSEUM OF NATURAL HISTORY CHILDREN'S SERVICES INC PO BOX 670 ANNISTON AL 36202 630642802 501(C)(3) 9292 FOR OPERATIONS, THE PARRIS HOME CITY OF ANNISTON 4309 MCCLELLAN BOULEVARD ANNISTON AL 36206 636001182 501(C)(3) 24196 REMOVAL OF UNSAFE AND UNHEALTHY ABANDONED STRUCTURES COLUMBIA THEOLOGICAL SEMINARY PO BOX 520 DECATUR GA 30031 580566165 501(C)(3) 11610 FOR EDUCATION BLACK BELT COMMUNITY FOUNDATION PO BOX 2020 SELMA AL 36702 631270745 501(C)(3) 32500 CENSUS 2020 WORK CHILDREN'S HOSPITAL OF ALABAMA 1600 7TH AVENUE SOUTH BIRMINGHAM AL 35233 630307306 501(C)(3) 5812 FOR TEEN DRIVER SAFETY PROGRAM AND THINK FIRST INJURY PREVENTION PROGRAM COOSA RIVERKEEPERS 102-B CROFT STREET CHELSEA BIRMINGHAM AL 35242 273430200 501(C)(3) 10061 COOSA RIVER SWIM GUIDE AND OPERATIONS BOYS & GIRLS CLUB OF ECA PO BOX 2347 ANNISTON AL 36202 630516163 501(C)(3) 19021 OPERATING EXPENSES, GENERAL USE, EDUCATION COMPUTER PROGRAM, AND THE FITNESS CHALLENGE PROGRAM CALHOUN CLEBURNE CHILDREN'S CENTERINC 2100 LEIGHTON AVENUE ANNISTON AL 36207 631053356 501(C)(3) 9485 FOR CHILD ABUSE COUNSELING AND ADVOCACY AND OPERATIONS FAMILY SUCCESS CENTER OF ETOWAH COUNTY 821 BROAD STREET GADSDEN AL 35903 631287103 501(C)(3) 12800 HELPING FAMILIES FAMILY COUNSELOR FIRST PRESBYTERIAN CHURCH OF ANNISTON 1701 HENRY ROAD ANNISTON AL 36202 630375725 501(C)(3) 20865 FOR OPERATIONS, GENERAL EXPENSES, AND EDUCATION CLAY COUNTY COMMUNITY FOODBANK 83192 HIGHWAY 9 ASHLAND AL 36251 630843032 501(C)(3) 5735 TO PURCHASE FOOD CLAY COUNTY HEALTHCARE AUTHORITY 83825 HIGHWAY 9 ASHLAND AL 36251 636002184 501(C)(3) 6171 FOR CANCER AWARENESS CAMPAIGN COMMUNITY FOOD BANK OF CENTRAL ALABAMA 107 WALTER DAVIS DRIVE BIRMINGHAM AL 35209 630837956 501(C)(3) 29694 TO PURCHASE FOOD EAST CENTRAL ALABAMA UNITED CEREBRAL PALSY 415 CASTLE AVENUE ANNISTON AL 36205 630545948 501(C)(3) 6325 FOR GENERAL OPERATING, PROGRAM SUPPORT, AND ELECTRICAL WORK HEALTH SERVICES CENTER PO BOX 1347 ANNISTON AL 36202 630993592 501(C)(3) 42564 HEPATITIS GRANT EASTERSEALS OF THE BIRMINGHAM AREA 2713 3RD AVENUE SOUTH BIRMINGHAM AL 35233 630320188 501(C)(3) 21150 FOR EXPANDING PROVISION OF EQUITABLE HEALTHCARE IN ST. CLAIR COUNTY INDEPENDENT READINGCOUNSELING SERVICES PO BOX 1143 ANNISTON AL 36202 201099075 501(C)(3) 9333 TO PURCHASE NEW LEARNING SOFTWARE, BOOKS/WORKBOOKS, LEARNING GAMES, AND HEALTHY SNACKS -- EDUCATIONAL MENTAL HEALTH AWARENESS TRAINING AND OPERATIONS INTERFAITH MINISTRIES INC PO BOX 1444 ANNISTON AL 36202 630851160 501(C)(3) 64750 FOR HOME STABILITY PROGRAM, ADULT DENTAL PROGRAM, AND EMERGENCY ASSISTANCE TO FAMILIES WITH DISADVANTAGED CHILDREN, OPERATING, EMERGENCY ASSISTANCE PRESCRIPTION PROGRAM, MEALS ON WHEELS, CHRISTMAS CLEARING HOUSE, AND PROGRAM EXPENSES PRESBYTERIAN COLLEGE 503 SOUTH BROAD STREET CLINTON SC 29325 570314408 501(C)(3) 8708 FOR EDUCATION RAINBOW OMEGA INC PO BOX 740 EASTABOGA AL 36260 631036500 501(C)(3) 92810 FOR GENERAL USE AND FOR CARE AND SUPPORT OF PERSONS WITH MENTAL OR PHYSICAL DISABILITIES EXTENDED FAMILY FOR KIDS PO BOX 26 CENTRE AL 35960 262107421 501(C)(3) 6150 FAMILY FOR KIDS TRAINING WORKSHOPS SIGHT SAVERS AMERICA 337 BUSINESS CIRCLE PELHAM AL 35124 300188234 501(C)(3) 61128 FOR CHILDREN'S HEALTH AND VISION SCREENINGS AND PRE-K FOLLOW-UP EYE CARE PROGRAM FAMILY LINKS 265 RUCKER STREET ANNISTON AL 36205 943423129 501(C)(3) 11071 LINKED UP INTENSIVE OUTPATIENT PROGRAM GADSDEN STATE COMMUNITY COLLEGE CARDINAL FOUNDATION PO BOX 8265 GADSDEN AL 35902 460730246 501(C)(3) 13431 UTILIZING TECHNOLOGY TO TEACH AND TO VALIDATE COMPETENCE GREATER BIRMINGHAM MINISTRIES INC 2304 12TH AVENUE NORTH BIRMINGHAM AL 35234 630577439 501(C)(3) 15000 CENSUS 2020 WORK HELPING EVERY AREA RESIDENT TO SUCCEED (HEARTS) 20840 MAIN STREET RANBURNE AL 36273 631270917 501(C)(3) 7868 FOR CANCER RELIEF SERVICES PROGRAM HISPANIC INTEREST COALITION OF ALABAMA PO BOX 190299 BIRMINGHAM AL 35219 631225764 501(C)(3) 22500 CENSUS 2020 WORK IMPACT ALABAMA 1901 6TH AVENUE NORTH SUITE 2400 BIRMINGHAM AL 35203 200850212 501(C)(3) 5038 FOR FOCUS FIRST-TECH VISION CARE INITIATIVE JACKSONVILLE STATE UNIVERSITY (JSU) 700 PELHAM ROAD NORTH JACKSONVILLE AL 36265 636001099 501(C)(3) 10800 FOR OUT OF THE SHADOWS MENTAL HEALTH SUMMIT 2019 LAKESIDE HOSPICE 4010 MASTERS ROAD PELL CITY AL 35125 631035850 501(C)(3) 29691 FOR FACING THE END OF LIFE JOURNEY PROGRAM MENTONE EDUCATIONAL RESOURCES FOUNDATION PO BOX 107 MENTONE AL 35984 631147880 501(C)(3) 7729 FOR ARTS EDUCATION AND TUTORING FOR DISADVANTAGED YOUTH ONE WORLD ADVENTURE 215 GRANDE AVENUE SW SUITE A FORT PAYNE AL 35967 800246136 501(C)(3) 11386 FOR DEKALB COUNTY YOUTH SERVICES RIDE TO FOCUS PROGRAM PARKER MEMORIAL BAPTIST CHURCH PO BOX 2104 ANNISTON AL 36202 000001674 501(C)(3) 7000 FOR TOUCHING OUR WORLD MISSIONS OFFERING AND GENERAL USE PIEDMONT CITY SCHOOLS 502 HOOD STREET PIEDMONT AL 36272 636001037 501(C)(3) 20636 FOR MPOWER PIEDMONT PIEDMONT HEALTH CARE CENTER AUTHORITY 30 ROUNDTREE DRIVE PIEDMONT AL 36272 631287238 501(C)(3) 12047 FOR THE HEALING POWER OF MUSIC FOR DEMENTIA AND ALZHEIMER'S PROGRAM PIEDMONT HISTORICAL SOCIETY 130 NORTH CENTER AVENUE PIEDMONT AL 36272 630940258 501(C)(3) 22866 FOR THE RAIL ROAD DEPOT MUSEUM SAFE HAVEN COUNSELING PO BOX 7842 OXFORD AL 36203 812865566 501(C)(3) 7856 FOR COUNSELING SERVICES ST MICHAEL'S MEDICAL CLINIC PO BOX 1884 ANNISTON AL 36202 825246184 501(C)(3) 33612 FOR HEALTHCARE SUPPLIES, EXPANSION PROJECT AND GENERAL USE THE CHURCH OF ST MICHAEL AND ALL ANGELS PO BOX 1884 ANNISTON AL 36202 630366281 501(C)(3) 11200 FOR UNRESTRICTED, GENERAL OPERATING, AND CAPITAL CAMPAIGN UNION PRESBYTERIAN SEMINARY 3401 BROOK ROAD RICHMOND VA 23277 540506428 501(C)(3) 11610 FOR EDUCATION UNIVERSITY OF ARIZONA FOUNDATION PO BOX 210109 TUCSON AZ 85721 866050388 501(C)(3) 6200 FOR THE ARIZONA STATE MUSEUM, ARIZONA PUBLIC MEDIA, WELLNESS CAMP FOR AMERICAN INDIAN YOUTH, AND GENERAL USE VOICES FOR ALABAMA'S CHILDREN PO BOX 4576 MONTGOMERY AL 36103 582020321 501(C)(3) 15000 CENSUS 2020 WORK YMCA OF COOSA VALLEY 100 WALNUT STREET GADSDEN AL 35901 630436456 501(C)(3) 17050 FOR RESTORATIVE HEALTH INITIATIVE YWCA OF BIRMINGHAM 309 NORTH 23RD STREET BIRMINGHAM AL 35203 630288882 501(C)(3) 5571 FOR EMERGENCY ASSISTANCE FOR VICTIMS OF DOMESTIC VIOLENCE 51 SCHOLARSHIP/EDUCATION - AUBURN UNIVERSITY 7 16500 FMV SCHOLARSHIPS/EDUCATION SCHOLARSHIP/EDUCATION - JACKSONVILLE STATE UNIVERSITY 7 23000 FMV SCHOLARSHIPS/EDUCATION SCHOLARSHIP/EDUCATION - UNIVERSITY OF ALABAMA 4 15000 FMV SCHOLARSHIPS/EDUCATION SCHOLARSHIP/EDUCATION - UNIVERSITY OF ALABAMA AT BIRMINGHAM 3 10500 FMV SCHOLARSHIPS/EDUCATION SCHOLARSHIP/EDUCATION - EMORY UNIVERSITY 1 15000 FMV SCHOLARSHIPS/EDUCATION SCHOLARSHIPS/EDUCATION - JEFFERSON STATE COMMUNITY COLLEGE 2 10000 FMV SCHOLARSHIPS/EDUCATION SCHOLARSHIPS/EDUCATION - UNIVERSITY OF NORTH ALABAMA 2 5500 FMV SCHOLARSHIPS/EDUCATION PART I, LINE 2: THE FOUNDATION HAS A COMPREHENSIVE PROCESS TO REVIEW, EVALUATE AND CLOSE EACH GRANT AND SCHOLARSHIP AWARD. THE PROCESS INCLUDES: - A PROPOSAL PROCESS TO ENSURE THE REQUEST IS IN LINE WITH FOUNDATION OBJECTIVES. - A WRITTEN SET OF GUIDELINES AND APPLICATION FOR ALL GRANT OR SCHOLARSHIP DISTRIBUTIONS. - SCREENING AND TRAINING OF ALL EXTERNAL VOLUNTEERS WHO WILL ASSIST IN THE REVIEW PROCESS. - A LIST OF ALL SCHOLARSHIP AND BOARD VOLUNTEERS AND STAFF IS MAINTAINED BASED ON A 3-YEAR REVIEW OF DISQUALIFIED PERSONS. - ALL SCHOLARSHIP APPLICANTS MUST SIGN THAT THEY ARE NOT RELATED TO ANY DISQUALIFIED PERSON. - A RANKING FOR EACH GRANT AND SCHOLARSHIP POOL IS BASED ON THE REVIEWERS' SCORES OF THE AWARD'S OBJECTIVE. - BOARD OF TRUSTEES HAS EXCLUSIVE FINAL DECISION ON ALL AWARDS. - WRITTEN SUMMARY OF THE AWARD AND THE PARAMETERS TO SUSTAIN THE AWARD. - SCHOLARSHIPS ARE EXCLUSIVELY DISTRIBUTED TO THE HIGHER EDUCATION INSTITUTION. - RANDOM SITE-VISITS TO CONTINUE THE RELATIONSHIP AND REVIEW THE PROGRESS. - RENEGOTIATE SIGNIFICANT GRANT TERMS OR EXPENDITURES BASED ON RELEVANT CHANGES. - FINAL GRANT REPORT TO SATISFACTORILY CLOSE THE GRANT DEPENDING ON TIMEFRAME (1-3 YEARS). - ALL GRANT AND SCHOLARSHIP APPLICATIONS ARE MAINTAINED ELECTRONICALLY ACCORDING TO THE FOUNDATION'S DOCUMENT RETENTION POLICY. - ALL AWARDED GRANT AND SCHOLARSHIP DOCUMENTATION IS MAINTAINED AND SCANNED. MOREOVER, IN COMPLIANCE WITH THE PENSION PROTECTION ACT (2006), THE FOUNDATION EXERCISES FULL CONTROL OVER THE REVIEW AND SELECTION OF ALL SCHOLARSHIP RECIPIENTS WITH NO INDEPENDENT COMMITTEE DELEGATED TO PERFORM THIS ROLE. X X X 0 0 0 0 0 0 0 0 0 JENNIFER S MADDOX PRESIDENT & CEO 141750 0 0 0 1200 0 9904 0 16098 0 168952 0 0 0 POTTS MARKETING GROUP LLC POTTS MARKETING GROUP, LLC IS OWNED BY TOM POTTS, BOARD CHAIRMAN 23930 FOUNDATION HIRED POTTS MARKETING GROUP, LLC FOR MARKETING PURPOSES. POTTS MARKETING GROUP, LLC WAS AWARDED THE CONTRACT IN A COMPETITIVE PROCESS. THE REQUEST FOR PROPOSAL FOR THE MARKETING PIECE WAS SENT TO TEN COMPANIES WITH FOUR COMPANIES RESPONDING. POTTS MARKETING GROUP, LLC WAS CHOSEN BECAUSE THEIR QUOTE WAS THE LOWEST FOR COMPARATIVE WORK. 0 X 5 81339 FMV X OTHER MISC 4 3521 FMV 0 1 1 PART I, LINE 32B: THE FOUNDATION USES BROKERAGE SERVICES TO PROCESS/SELL SECURITIES RECEIVED AS CONTRIBUTIONS. WHEN A CONTRIBUTION IS RECEIVED SUCH AS A SECURITY, IT IS THEN SOLD AND CONVERTED TO CASH AND RECORDED AS CONTRIBUTION REVENUE BASED UPON THE QUOTED MARKET PRICE ON THE DATE OF THE DONATION. THE FOUNDATION'S POLICY IS TO SELL ALL DONATED NON-CASH ASSETS AS SOON AS POSSIBLE. THE FOUNDATION USES AN AUCTION COMPANY TO LIQUIDATE DONATED PERSONAL PROPERTY. FROM TIME TO TIME THE FOUNDATION RECEIVES SPECIALIZED PERSONAL PROPERTY THAT IT SELLS TO QUALIFIED & STRATEGIC BUSINESSES TO ACHIEVE A HIGHER VALUE THAN WHAT CAN BE REALIZED IN AN AUCTION. FORM 990, PART VI, SECTION A, LINE 2 JENNIFER S. MADDOX, PRESIDENT & CEO OF THE FOUNDATION, IS A MINORITY SHAREHOLDER IN A BOARD MEMBER'S (TOMMIE GOGGANS) COMPANY. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS ARE PROVIDED COPIES PRIOR TO THE BOARD MEETING WHERE THE CEO AND ACCOUNTING FIRM PRESENT A COPY OF THE FORM 990 FOR DETAILED REVIEW BY THE ORGANIZATION'S BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS A CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM THAT IS COMPLETED FOR ALL VOLUNTEERS AND STAFF REGARDLESS OF THE CAPACITY OF THEIR SERVICE. THE FORM INCLUDES A SIGNATURE THAT CONFIRMS THAT THEY HAVE READ AND WILL ADHERE TO THE POLICY. IN ADDITION, EVERY BOARD MEETING AND MOST COMMITTEE MEETINGS BEGIN WITH A REVIEW OF THE CONFLICT OF INTEREST POLICY AND ASKS EACH PARTICIPANT TO FULLY DISCLOSE ANY CONFLICT OR BIAS THAT THEY HAVE WITH ANY AGENDA ITEM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION RECOMMENDATIONS ARE REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES. THE REVIEW CONSISTS OF: 1) REVIEW BY THE FINANCE AND INVESTMENT COMMITTEE OF THE ACTUAL COMPENSATION BUDGETED COMPARED WITH THE PROPOSED AMOUNT 2) REVIEW OF ACTUAL COMPENSATION IN COMPARISON TO OTHER STAFF 3) OBSERVING COMPARABLE SALARY DATA FROM THE COUNCIL OF FOUNDATIONS, FOR OTHER FOUNDATIONS IN THE U.S. THE COMPENSATION APPROVAL IS DOCUMENTED IN THE BOARD MINUTES, AS WELL AS, THE RECOMMENDATION TO APPROVAL IN COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AT THE OFFICES OF THE FOUNDATION M-F 8 A.M. TO 5 P.M., AS WELL AS, ON THE FOUNDATION'S WEBSITE AND GUIDESTAR IN PDF FORMAT. THE FOUNDATION DOES NOT HAVE A COPY OF ITS FORM 1023. THE FOUNDATION TRIED TO OBTAIN A COPY FROM THE IRS BUT THE IRS HAS DESTROYED ALL RECORDS PRIOR TO 1940. THE FOUNDATION'S FORM 1023 WOULD BE DATED 1938. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AT THE OFFICES OF THE FOUNDATION M-F 8 A.M. TO 5 P.M. AND ON THE FOUNDATION'S WEBSITE AND GUIDESTAR IN PDF FORMAT. FORM 990, PART IX, LINE 11G HR SERVICES: PROGRAM SERVICE EXPENSES 8,115. MANAGEMENT AND GENERAL EXPENSES 1,080. FUNDRAISING EXPENSES 360. TOTAL EXPENSES 9,555. FORM 990, PART IX, LINE 24E REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 17,256. MANAGEMENT AND GENERAL EXPENSES 3,969. FUNDRAISING EXPENSES 2,196. TOTAL EXPENSES 23,421. PRINTING: PROGRAM SERVICE EXPENSES 14,617. MANAGEMENT AND GENERAL EXPENSES 5,172. FUNDRAISING EXPENSES 2,699. TOTAL EXPENSES 22,488. IN-KIND: PROGRAM SERVICE EXPENSES 17,779. MANAGEMENT AND GENERAL EXPENSES 838. FUNDRAISING EXPENSES 457. TOTAL EXPENSES 19,074. TELEPHONE : PROGRAM SERVICE EXPENSES 7,237. MANAGEMENT AND GENERAL EXPENSES 2,376. FUNDRAISING EXPENSES 1,188. TOTAL EXPENSES 10,801. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 7,071. MANAGEMENT AND GENERAL EXPENSES 2,378. FUNDRAISING EXPENSES 1,297. TOTAL EXPENSES 10,746. POSTAGE AND SHIPPING: PROGRAM SERVICE EXPENSES 2,119. MANAGEMENT AND GENERAL EXPENSES 799. FUNDRAISING EXPENSES 436. TOTAL EXPENSES 3,354. CONTINUING EDUCATION: PROGRAM SERVICE EXPENSES 1,593. MANAGEMENT AND GENERAL EXPENSES 600. FUNDRAISING EXPENSES 327. TOTAL EXPENSES 2,520. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 1,236. MANAGEMENT AND GENERAL EXPENSES 466. FUNDRAISING EXPENSES 254. TOTAL EXPENSES 1,956. WEBSITE: PROGRAM SERVICE EXPENSES 543. MANAGEMENT AND GENERAL EXPENSES 207. FUNDRAISING EXPENSES 112. TOTAL EXPENSES 862. SECURITY MONITORING: PROGRAM SERVICE EXPENSES 300. MANAGEMENT AND GENERAL EXPENSES 113. FUNDRAISING EXPENSES 62. TOTAL EXPENSES 475. FORM 990, PART XII, LINE 2C: THE FOUNDATION HAS NOT CHANGED NEITHER THE OVERSIGHT NOR SELECTION PROCESS SINCE THE PRIOR RETURN.