2020-09-16T13:11:50-05:00 2019-12-31 351476702 BRADY WARE & SCHOENFELD INC ONE WOODSIDE DRIVE RICHMOND IN 47374 990 2019-01-01 351835950 RUSH COUNTY COMMUNITY FOUNDATION INC RUSH 7659381177 117 N MAIN ST RUSHVILLE IN 46173 ALISA WINTERS EXECUTIVE DIRECTOR 7659381177 2020-08-28 1 TRACY A HAINES P00517541 7659660531 2020-08-28 64.141.187.4 2020-08-28 08:16:42 ED P 9A827A59EE539FBEF7091890176C154590AFCA23 479460A0B7D280FDB8C03C7D520BD36878328611 2019 2021-01-29 14:40:06Z ALISA WINTERS 117 N MAIN ST RUSHVILLE IN 46173 2511915 0 X WWW.RUSHCOUNTYFOUNDATION.ORG X 1991 IN THE RUSH COUNTY COMMUNITY FOUNDATION, THE FOUNDATION OF RUSH COUNTY'S FUTURE, IS A NONPROFIT PUBLIC CHARITY ESTABLISHED IN 1991 TO SERVE DONORS, AWARD GRANTS AND SCHOLARSHIPS, AND PROVIDE LEADERSHIP TO ENRICH AND ENHANCE THE QUALITY OF LIFE IN RUSH COUNTY, INDIANA, NOT ONLY TODAY, BUT FOR GENERATIONS TO COME.THE RUSH COUNTY COMMUNITY FOUNDATION HELPS PEOPLE OF ALL MEANS TO IMPROVE THEIR COMMUNITY NOW AND IN THE FUTURE. WE HELP DONORS PROVIDE GRANT-MAKING DOLLARS FOR NOT-FOR-PROFIT ORGANIZATIONS THAT SERVE RUSH COUNTY CITIZENS. 12 12 7 58 0 0 1131118 538821 0 0 908944 655301 1394 -2537 2041456 1191585 612963 1270188 0 0 161552 211182 0 0 64179 132172 182539 906687 1663909 1134769 -472324 17014660 18927300 53225 78678 16961435 18848622 X THE RUSH COUNTY COMMUNITY FOUNDATION, THE FOUNDATION OF RUSH COUNTY'S FUTURE, IS A NONPROFIT PUBLIC CHARITY ESTABLISHED IN 1991 TO SERVE DONORS, AWARD GRANTS AND SCHOLARSHIPS, AND PROVIDE LEADERSHIP TO ENRICH AND ENHANCE THE QUALITY OF LIFE IN RUSH COUNTY, INDIANA, NOT ONLY TODAY, BUT FOR GENERATIONS TO COME.THE RUSH COUNTY COMMUNITY FOUNDATION HELPS PEOPLE OF ALL MEANS TO IMPROVE THEIR COMMUNITY NOW AND IN THE FUTURE. WE HELP DONORS PROVIDE GRANT-MAKING DOLLARS FOR NOT-FOR-PROFIT ORGANIZATIONS THAT SERVE RUSH COUNTY CITIZENS. 0 0 1436369 1270188 COMMUNITY GRANTS FOR LOCAL SCHOOLS AND ORGANIZATIONS AND COLLEGE SCHOLARSHIPS FOR INDIVIDUALS. 106 SCHOLARSHIPS AND 116 GRANTS WERE DISTRIBUTED. 1436369 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 IN X X X ALISA WINTERS 7659381177 117 N MAIN ST RUSHVILLE IN 46173 PHILLIP MORGAN BOARD MEMBER 1.00 X 0 0 0 CINDY POWERS PRESIDENT 1.00 X X 0 0 0 SUELLEN REED PAST-PRESIDENT 1.00 X 0 0 0 MINDY VOGEL SECRETARY 1.00 X X 0 0 0 DIANA WHITE BOARD MEMBER 1.00 X 0 0 0 LARRY MULL BOARD MEMBER 1.00 X 0 0 0 LARRIE ROSE BOARD MEMBER 1.00 X 0 0 0 KAREN BRASHABER BOARD MEMBER 1.00 X 0 0 0 GREG HARCOURT VICE PRESIDENT 1.00 X X 0 0 0 MARILYN YAGER TREASURER 1.00 X X 0 0 0 BEN WICKER BOARD MEMBER 1.00 X 0 0 0 ARIKA MARLATT BOARD MEMBER 1.00 X 0 0 0 PHILLIP KUHN BOARD MEMBER 1.00 X 0 0 0 ANGELA BANE ADMINISTRATIVE AND ACCOUNT 38.00 X 42995 0 6500 ALISA WINTERS EXECUTIVE DIRECTOR 38.00 X 64717 0 12813 KRISTINA AMOS PROGRAM COORDINATOR 35.00 X 38167 0 6500 145879 0 25813 0 0 0 0 0 24953 513868 357 538821 606551 606551 1363826 1315076 48750 48750 48750 2562 24953 5254 -2692 -2692 MISCELLANEOUS INCOME 900099 155 155 155 1191585 0 0 652764 1081343 1081343 188845 188845 150040 67353 55992 26695 12229 10209 2020 36499 17446 13047 6006 12414 5933 4440 2041 62 9 53 14651 2198 12453 40100 40100 7589 3036 4553 7193 7193 6979 349 6281 349 7092 5319 709 1064 2428 2428 17419 6968 10451 3162 949 2213 CONSULTANTS 24948 24948 DONOR CULTIVATION 20273 20273 PRINTING 14858 2972 8914 2972 REPAIRS AND MAINTENANCE 9631 2889 6742 6154 451 5477 226 1663909 1436369 163361 64179 93 90 852021 290266 12500 525655 203771 334469 321884 15828077 18302560 17014660 18927300 3225 3381 50000 70000 0 5297 53225 78678 X 7221258 8031283 9740177 10817339 16961435 18848622 17014660 18927300 X -472324 2065463 294048 X X 0 1 X 1 0 X 1778801 2478674 837551 1131118 538821 6764965 1778801 2478674 837551 1131118 538821 6764965 2273270 4491695 344625 424433 484366 841873 606551 2701848 2986 1191 1394 155 5726 9472539 0.47420 0.46920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 79 12900 91487 15253 209314 45865 5924464 1 1 13452590 435990 2585108 80061 242258 495658 15655711 14364832 765797 -967933 445676 -25973 290403 13452590 12861312 685791 1461920 401930 242261 14364832 10354737 2351987 814777 469866 190323 12861312 8029612 2439862 114737 10354737 0.32550 0.06340 0.61110 0 0 100293 100293 349263 153191 196072 76099 50580 25519 321884 ACCRUED LIABILITIES 5297 5297 X 3157691 2359514 31788 2391302 766389 40100 385096 425196 1191585 862313 31789 31789 830524 833385 833385 1663909 PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT POLICY FOR ENDOWMENT ASSETS THAT ATTEMPT TO PRESERVE THE REAL PURCHASING POWER OF THE ASSETS, AND PROVIDE A GROWING STREAM OF INCOME TO BE MADE AVAILABLE FOR SPENDING, AND KEEPING PACE WITH INFLATION IN ORDER TO SUSTAIN THE OPERATIONS AND GRANT-MAKING CAPACITY OF THE FOUNDATION. THE INVESTMENT POLICY ESTABLISHES A RETURN OBJECTIVE THROUGH DIVERSIFICATION OF ASSET CLASSES. IN JUNE 2017, THE FOUNDATION ADOPTED A FORMAL SPENDING POLICY TO CALCULATE THE AMOUNT OF MONEY ANNUALLY DISTRIBUTED FROM THE FOUNDATION'S VARIOUS ENDOWED FUNDS. THE CURRENT SPENDING POLICY IS TO DISTRIBUTE AN AMOUNT DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS AND THAT RATE IS MULTIPLIED BY THE PREVIOUS FIVE-YEAR ROLLING AVERAGE OF THE FUND'S FAIR MARKET VALUE. FOR DECEMBER 31, 2019 AND 2018, THE BOARD APPROVED A SPENDING RATE OF 4.2%. THE FOUNDATION'S OBJECTIVE IS TO AVOID INVASION INTO THE HISTORICAL VALUE OR PRINCIPAL OF A FUND TO MEET THE SPENDING POLICY, UNLESS THE TERMS OF A GIFT ALLOWS THE FOUNDATION TO DO SO IN A PRUDENT MANNER. ACCORDINGLY, OVER THE LONG TERM, THE FOUNDATION EXPECTS THE FORMALIZED SPENDING POLICY WILL ALLOW ITS ENDOWMENT ASSETS TO GROW CONSISTENT WITH THE FOUNDATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT ASSETS, AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURNS, TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE FOUNDATION'S EXEMPT STATUS IN JEOPARDY, AS OF DECEMBER 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: MANGEMENT FEE INCOME 31,788. PART XI, LINE 4B - OTHER ADJUSTMENTS: FAS 136 ADJUSTMENT 385,096. PART XII, LINE 2D - OTHER ADJUSTMENTS: MANAGEMENT FEE EXPENSES 31,788. ROUNDING 1. PART XII, LINE 4B - OTHER ADJUSTMENTS: FAS 136 ADJUSTMENT 793,285. INVESTMENT FEES 40,100. FIVE IN 50 RIDE 27515 24953 2562 5254 27515 24953 2562 5254 5254 -2692 1 BOYS & GIRLS CLUB OF RUSH COUNTY 1590 N SEXTON RUSHVILLE IN 46173 352129067 501(C)(3) 660811 COMMUNITY GRANT FOR TEEN ROOM AND PROGRAMMING; CLOSING OF FUND FIRST PRESBYTERIAN CHURCH 226 N MORGAN ST RUSHVILLE IN 46173 356000840 501(C)(3) 64867 TO PROVIDE FINANCIAL SUPPORT TO THE CHURCH; CLOSING OF FUND GLEANERS FOOD BANK OF INDIANA 3737 WALDEMERE AVE INDIANAPOLIS IN 46241 351483868 501(C)(3) 8490 TO PROVIDE FUNDING FOR THE RUSH COUNTY MOBILE PANTRY PROGRAM GLENWOOD VOL FIRE DEPARTMENT PO BOX 175 GLENWOOD IN 46133 203011561 501(C)(3) 10000 PURCHASE OF DIGITIAL RADIOS HUFFER MEMORIAL CHILDREN'S CENTER 2000 N ELGIN ST MUNCIE IN 47303 351275252 501(C)(3) 60000 TO PROVIDE FUNDING FOR RUSH COUNTY EARLY LEARNING COALITION MAIN STREET CHRISTIAN CHURCH 615 N MAIN ST RUSHVILLE IN 46173 356000841 501(C)(3) 7196 TO PROVIDE FUNDING TO SUPPORT THE CHURCH MILROY ECONOMIC DEVELOPMENT CORPORATION PO BOX 183 MILROY IN 46156 260097723 501(C)(3) 15494 TO PROVIDE FUNDING FOR STREET LIGHT BILLS RUSH COUNTY HUMANE SOCIETY 3808 W US HWY 52 RUSHVILLE IN 46173 351965311 501(C)(3) 10007 TO PROVIDE FUNDING TO SUPPORT THE ONGOING WORK AND DEVELOPMENT OF THE HUMANE SOCIETY RUSH CO VICTIMS ASSISTANCE INC PO BOX 303 RUSHVILLE IN 46173 010609070 501(C)(3) 7250 COMMUNITY GRANT FOR RCVA ENTRY RENOVATIONS RUSH MEMORIAL HOSPTIAL 1300 N MAIN ST RUSHVILLE IN 46173 203199892 501(C)(3) 7924 TO PROVIDE FUNDING TO SUPPORT THE HOSPITAL RUSHVILLE LODGE 1307 BPOE OF ELKS PO BOX 81 RUSHVILLE IN 46173 350173269 501(C)(8) 6866 TO PROVIDE FUNDING FOR THE SCHOLARSHIP PROGRAM AND OTHER CHARITABLE ACTIVITIES RUSHVILLE PARKS AND RECREATION 119 W 16TH ST RUSHVILLE IN 46173 356001184 GOVERNMENTAL 16164 TO PROVIDE FUNDING FOR PROGRAMS AND ACTIVITIES RUSHVILLE PSI IOTA XI 1221 N MORGAN ST RUSHVILLE IN 46173 356030502 501(C)(3) 14365 TO PROVIDE FUNDING TO PURCHASE HEARING AIDS AND TO SUPPORT OTHER CHARITABLE ACTIVITIES RUSHVILLE PUBLIC LIBRARY 130 W 3RD ST RUSHVILLE IN 46173 356002081 501(C)(3) 22459 TO PROVIDE SUPPORT FOR THE LIBRARY'S CURRENT AND FUTURE NEEDS ST MARY CATHOLIC SCHOOL FOUNDATION 225 E 5TH ST RUSHVILLE IN 46173 351810106 501(C)(3) 10081 TO PROVIDE FUNDING TO SUPPORT THE SCHOOL ST PAUL'S UNITED METHODIST CHURCH 426 N MORGAN RUSHVILLE IN 46173 356000842 501(C)(3) 48442 TO PROVIDE SUPPORT FOR THE CHURCH 15 1 SCHOLARSHIPS FOR STUDENTS ATTENDING HIGHER EDUCATION INSTITUTIONS. 60 188845 PART I, LINE 2: THE TERMS OF THE GRANT REQUIRE TWO SIGNATURES FROM THE RECIPIENT ORGANIZATION BEFORE FUNDS ARE RELEASED. THE REQUIREMENTS OF THE RECIPIENT ORGANIZATION INCLUDE REPORTING INFORMATION BACK TO THE FOUNDATION INCLUDING WHETHER THE FUNDS WERE USED ACCORDING TO THE GRANT REQUEST, RECEIPTS FOR GRANT EXPENDITURES, REIMBURESMENT OF UNUSED FUNDS, PHOTOGRAPHS OF ANY ITEMS ACQUIRED WITH GRANT FUNDS, AND COMPLETION OF A QUESTIONNAIRE. THE GRANT RECIPIENT MUST STATE IN THE QUESTIONNAIRE WHETHER FUNDS WERE USED IN ACCORDANCE WITH IRS REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND ADMINISTRATIVE AND ACCOUNTS COORDINATOR BEFORE FILING. THE COMPLETED INFORMATION WILL BE PROVIDED TO THE BOARD OF DIRECTORS. IN 2019, THERE WERE DONORS THAT REQUESTED TO REMAIN CONFIDENTIAL. THEREFORE, THE NAMES AND ADDRESSES WERE REDACTED FROM THE SCHEDULE B ON THE BOARD REVIEW COPY. FORM 990, PART VI, SECTION B, LINE 12C ANUALLY, THE BOARD PRESIDENT AND THE EXECUTIVE DIRECTOR ANALYZE POTENTIAL CONFLICTS OF BOARD MEMBERS, AND ANY ACTUAL CONFLICTS ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15 PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL - THE EXECUTIVE COMMITTEE PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR AND REPORTS TO THE BOARD. THE EXECUTIVE COMMITTEE MAKES RECOMMENDATIONS FOR COMPENSATION LEVELS TO THE GOVERNING BOARD BASED ON VARIOUS INFORMATION INCLUDING COMPARABLE COMPENSATION DATA FOR THE POSITION. THE GOVERNING BOARD VOTES ON THE COMPENSATION AMOUNT OF ALL STAFF. ALL BOARD AND COMMITTEE MEETINGS ARE CONTEMPORANEOUSLY DOCUMENTED. PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS - THE EXECUTIVE DIRECTOR PERFORMS AN ANNUAL REVIEW OF ALL EMPLOYEES AND REPORTS TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAKES RECOMENDATIONS FOR COMPENSATION LEVELS TO THE GOVERNING BOARD BASED ON VARIOUS INFORMATION INCLUDING COMPARABLE COMPENSATION DATA FOR THE POSITION. THE GOVERNING BOARD VOTES ON THE COMPENSATION AMOUNT OF ALL STAFF. ALL BOARD AND COMMITTEE MEETINGS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIALS ARE AVAILABLE ON OUR WEBSITE. FORM 990, PART XI, LINE 9: FAS 136 ADJUSTMENT 294,051. ROUNDING -3. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS NOT CHANGED THE SELECTION PROCESS FOR THE AUDITOR OR THE METHOD OF OVERSIGHT.