2020-08-31T13:58:58-05:00 2019-12-31 470899021 BOND & COMPANY PLC 113 WEST MICHIGAN AVENUE SUITE 301 JACKSON MI 49201 990 2019-01-01 237019029 ALBION COMMUNITY FOUNDATION ALBI 5176293349 PO BOX 156 ALBION MI 49224 BERNIE KONKLE JR PRESIDENT 5176293349 2020-05-20 true PATRICK T WALZ P00268149 5177898900 2020-08-31 52.38.98.93 2020-08-31 13:58:58 CD P AC8E5F92B317DA2CD5A6CF4068D3E6A2B38946D0 C1D9135BE075EEF7F5A90D95F1E5616211A74250 2019 2020-11-06 18:47:13Z TIMOTHY KRAUSE 1100266 false X WWW.ALBIONFOUNDATION.ORG X COMM FND 1968 MI STRENGTHEN THE GREATER ALBION AREA BY CULTIVATING COMMUNITY ASSETS TO ENHANCE THE QUALITY OF LIFE. 11 11 3 35 0 81977 217210 4549 485979 195269 8368 5738 576324 422766 178101 186941 0 93089 98460 0 31079 118183 125870 389373 411271 186951 11495 4969379 5675021 653640 740796 4315739 4934225 STRENGTHEN THE GREATER ALBION AREA BY CULTIVATING COMMUNITY ASSETS TO ENHANCE THE QUALITY OF LIFE. false false 333694 186941 4549 MANY COMMUNITY PROJECTS AND CULTURAL EVENTS WERE PROMOTED AND FUNDED DURING THE YEAR THAT BENEFITED THE LOCAL COUMMUNITY OF ALBION, MICHIGAN. THE COMMUNITY FOUNDATION AWARDED MORE THAN 30 GRANTS. 333694 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 false false false false false false false false false false false false false false false false false false false true 3 0 3 true false false false false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true false false MI X X TIM KRAUSE 5176293349 1002 N EATON STREET ALBION MI 49224 TIMOTHY KRAUSE EXECUTIVE DI 40.00 X 70731 0 3162 BERNIE KONKLE JR PRESIDENT 2.00 X X 0 0 0 KAREN YANKIE VICE-PRESIDE 2.00 X X 0 0 0 TOM PITT TREASURER 2.00 X X 0 0 0 MANDY DUBIEL SECRETARY 1.00 X X 0 0 0 TAMARA CRUPI TRUSTEE 1.00 X 0 0 0 ROBERT DUNKLIN TRUSTEE 1.00 X 0 0 0 AMY REIMANN TRUSTEE 1.00 X 0 0 0 NANCY ROUSH TRUSTEE 1.00 X 0 0 0 JACKIE SPICER TRUSTEE 1.00 X 0 0 0 MIKE TYMKEW TRUSTEE 1.00 X 0 0 0 NIDIA WOLF TRUSTEE 1.00 X 0 0 0 70731 3162 false false false 50000 167210 217210 CUSTODIAL FUNDS ADMIN FEES 900099 4549 4549 4549 191173 191173 11000 5262 5738 5738 5738 676334 672238 4096 4096 4096 422766 4549 201007 186941 186941 70731 42438 16268 12025 12454 7473 2539 2442 3162 1897 715 550 5134 3081 1161 892 6979 4187 1578 1214 2561 1544 575 442 17519 10561 3933 3025 26682 20617 6065 1667 1004 375 288 2823 2073 424 326 2827 2077 424 326 23414 17196 3514 2704 9200 5520 2080 1600 252 185 38 29 18572 13639 2788 2145 12005 7203 2714 2088 2295 1377 519 399 MEMBERSHIPS 3942 2895 592 455 BANK FEES 2953 2169 443 341 TELEPHONE 737 541 111 85 RENTAL ALLOCATION: DEPREC -1579 -924 -358 -297 411271 333694 46498 31079 39065 69517 98599 48187 667 10389 5000 13913 322654 28825 302299 293829 4447473 5172247 76276 66939 4969379 5675021 6451 7068 1500 643202 731399 2487 2329 653640 740796 X 4035739 4654225 280000 280000 4315739 4934225 4969379 5675021 X 11495 606995 -4 X false true X true false X 254665 225776 236614 81977 217210 1016242 254665 225776 236614 81977 217210 1016242 110137 906105 138812 108432 134040 206523 202173 789980 1806222 9052 0.50170 0.52740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9 17138 731399 true true false true X 4046572 63306 915511 349907 96847 4578635 4700807 370657 -407406 517191 100295 4046572 4274202 27755 725735 296094 30791 4700807 4085999 79838 342051 204595 29091 4274202 4397229 113716 -118349 276419 30178 4085999 0.94330 0.05670 false false 17800 17800 269300 15020 254280 35554 13805 21749 293829 GIFT ANNUITY PAYABLE 2329 2329 1008341 606995 606995 401346 26682 -5262 21420 422766 389855 389855 26682 -5266 21416 411271 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE FOUNDATION HAS ENTERED INTO AGREEMENTS WITH OTHER ORGANIZATIONS TO RECEIVE, INVEST AND MANAGE CERTAIN OF THEIR FUNDS. IN ACCORDANCE WITH STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 136, TRANSFERS OF ASSETS TO A NOT-FOR-PROFIT FOUNDATION OR CHARITABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS, THE FOUNDATION REPORTS A LIABILITY FOR THESE RESOURCES SINCE THE OTHER ORGANIZATIONS HAVE EITHER NAMED THEMSELVES AS BENEFICIARIES OR RETAINED THE UNILATERAL RIGHTS TO WITHDRAW OR OTHERWISE REDIRECT THE USE OF THOSE FUNDS. SCHEDULE D, PAGE 4, PART XI, LINE 4B RENTAL EXPENSE ALLOCATION -3,683 RENTAL DEPR. ALLOCATION -1,579 SCHEDULE D, PAGE 4, PART XII, LINE 4B RENTAL EXPENSE ALLOCATION -3,683 RENTAL DEPR. ALLOCATION -1,579 ROUNDING ADJUSTMENT -4 true ALBION COLLEGE 611 E PORTER ST ALBION MI 49224 381359081 501C3 7370 EDUCATION ALBION ECONOMIC DEVELOPMENT CORPORA 309 N SUPERIOR ST ALBION MI 49224 386004655 8200 HELPING HAND HUB BOX AVSO 131 E CASS STREET ALBION MI 49224 382970255 501C3 10259 SUBSTANCE ABUSE PROG CALHOUN COUNTY LAND BANK AUTHORITY 315 W GREEN ST MARSHALL MI 49068 501C3 20918 LOT BEAUTIFICATION CALHOUN COUNTY TRAILWAY ALLIANCE PO BOX 1382 BATTLE CREEK MI 49016 382045459 501C3 15000 TRAIL EXPANSION PROJ CITY OF ALBION 112 CASS STREET ALBION MI 49224 386004655 GOV 9399 COMMUNITY DEVELOPMEN FRIENDS OF THE BOHM THEATRE 201 S SUPERIOR ST ALBION MI 49224 461255472 501C3 30114 COMMUNITY PROJECTS KIDS N STUFF 201 S SUPERIOR ST ALBION MI 49224 461255472 501C3 28000 YOUTH PROGRAMS SAFE PLACE PO BOX 199 BATTLE CREEK MI 49016 382436401 501C3 10000 LEGAL ADVOCACY 9 SCHEDULE I, PAGE 1, PART I, LINE 2 THE COMMUNITY FOUNDATION USES A POST PROJECT EVALUATION FORM FOR EACH GRANT PROJECT TO COMPARE OBJECTIVES AND BUDGETS FROM THE APPLICATION TO ACTUAL OUTCOMES. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 TAX RETURN IS REVIEWED BY THE FULL BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS COMPLETE A FORM EACH JANUARY TO ENSURE THAT THE CONFLICT OF INTEREST POLICY IS EFFECTIVE. FORM 990, PAGE 6, PART VI, LINE 15A THE SALARY OF THE EXECUTIVE DIRECTOR (THE ONLY FULL TIME EMPLOYEE OF THE COMMUNITY FOUNDATION) IS DETERMINED BY THE BOARD USING THE COUNCIL OF MICHIGAN FOUNDATIONS ANNUAL SURVEY SALARY AS A GUIDE. FORM 990, PAGE 6, PART VI, LINE 19 ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE COMMUNITY FOUNDATIONS'S WEBSITE AND IN ITS PUBLISHED AUDIT REPORT. GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 RENTAL EXPENSE ALLOCATION 3,683 RENTAL DEPR. ALLOCATION 1,579 RENTAL EXPENSE ALLOCATION -3,683 RENTAL DEPR. ALLOCATION -1,579 ROUNDING ADJUSTMENT -4 TOTAL -4