2020-11-10T08:38:59-06:00 2019-12-31 351178661 BLUE & CO LLC 813 WEST SECOND STREET SEYMOUR IN 47274 990 2019-01-01 351934464 OWEN COUNTY COMMUNITY FOUNDATION OWEN 8128291725 PO BOX 503 SPENCER IN 47460 JANET RUMMEL PRESIDENT/CEO 8128291725 2020-11-03 1 KANDY L WISCHMEIER CPA P00118327 8125228416 2020-11-03 174.137.19.153 2020-11-03 08:13:22 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 7C7B47936940A20FE0123DA9B400AB0E4818A817 2019 2021-01-29 14:40:06Z JANET RUMMEL PO BOX 503 SPENCER IN 47460 7457395 0 X WWW.OWENCOUNTYCF.ORG X 1994 IN OWEN COUNTY COMMUNITY FOUNDATION'S VISION IS TO BE WIDELY RECOGNIZED AS THE LEADING COMMUNITY RESOURCE TO PROMOTE PHILANTHROPY AND MATCH DONORS WITH NEEDS IN OWEN COUNTY. 15 15 7 15 0 0 507419 972301 0 0 363825 869713 1578 2028 872822 1844042 214075 323099 0 0 126093 153504 0 0 115688 112225 126213 452393 602816 420429 1241226 7658540 8852206 563843 109896 7094697 8742310 THE OWEN COUNTY COMMUNITY FOUNDATION IS COMMITTED TO HELP MAKE OUR COMMUNITIES BECOME BETTER PLACES TO GROW, WORK, AND LIVE. THE FOUNDATION ALSO MATCHES DONORS WITH NEEDS IN OWEN COUNTY. 0 0 422907 323099 0 GRANTS AND SCHOLARSHIPS: ACHIEVEMENT OF THIS PROGRAM'S PURPOSE PROVIDES SUPPORT FOR ORGANIZATIONS PERFORMING CHARITABLE WORK IN OWEN COUNTY TO HELP MAKE OUR COMMUNITIES BECOME BETTER PLACES TO GROW, WORK AND LIVE AS WELL AS TO HELP THESE GROUPS REMAIN RELEVANT OVER TIME AND RESPONSIVE TO CHANGING CIRCUMSTANCES. SCHOLARSHIP GRANTS TO INDIVIDUALS HELP STUDENTS PURSUE THEIR ACADEMIC GOALS AND HELP RAISE THE LEVEL OF EDUCATIONAL ATTAINMENT IN OWEN COUNTY. 422907 1 1 0 0 0 1 0 0 1 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 13 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X X THE ORGANIZATION 8128291725 PO BOX 503 SPENCER IN 47460 DAVID FRIEDEL CHAIRPERSON 1.00 X X 0 0 0 MARGE NEUMEYER SECRETARY 1.00 X X 0 0 0 MARILYN HART TREASURER 1.00 X X 0 0 0 ROB BABBS VICE CHAIRPERSON 1.00 X X 0 0 0 DALE WALKER BOARD OF DIRECTORS 1.00 X 0 0 0 MYRNA FIELDS BOARD OF DIRECTORS 1.00 X 0 0 0 WALLY DEFORD BOARD OF DIRECTORS 1.00 X 0 0 0 BARBARA BONNESS BOARD OF DIRECTORS 1.00 X 0 0 0 SUSAN COULTER BOARD OF DIRECTORS 1.00 X 0 0 0 KAYE ERNEY BOARD OF DIRECTORS 1.00 X 0 0 0 HEATHER LIGHT BOARD OF DIRECTORS 1.00 X 0 0 0 BRAD KING BOARD OF DIRECTORS 1.00 X 0 0 0 TOM WALLACE BOARD OF DIRECTORS 1.00 X 0 0 0 FRANCES MACMORRAN BOARD OF DIRECTORS 1.00 X 0 0 0 NANCY LORENZ PAST CHAIRPERSON 1.00 X 0 0 0 MARK E ROGERS PRESIDENT/CEO (THROUGH MID 2020) 40.00 X 72216 0 0 72216 0 0 0 0 0 0 0 21050 951251 972301 228232 228232 6250242 5608761 641481 641481 641481 6620 21050 4592 2028 2028 1844042 0 0 871741 269737 269737 53362 53362 72216 20943 16610 34663 69374 20118 15956 33300 11914 3455 2740 5719 33936 33936 17084 13667 3417 11507 2301 9206 19047 4798 2245 12004 14327 3998 6210 4119 1216 547 122 547 3031 909 606 1516 4887 1612 1613 1662 5327 1758 1811 1758 OTHER EVENTS 5755 1726 4029 REPAIRS AND MAINTENANCE 4130 1363 1363 1404 MISCELLANEOUS 3759 1241 1278 1240 DUES AND SUBSCRIPTIONS 2207 1103 0 1104 602816 422907 64221 115688 1368015 1117812 210000 215653 190500 135370 60377 33132 31657 27245 5855970 7356126 2398 0 7658540 8852206 1136 1309 455772 0 41957 46040 64978 62547 563843 109896 X 611365 586632 6483332 8155678 7094697 8742310 7658540 8852206 X 1241226 415381 -8994 X X 0 1 X 1 0 X 424192 477212 542423 507419 972301 2923547 424192 477212 542423 507419 972301 2923547 1002073 1921474 262695 184842 218468 267292 228232 1161529 1281 1544 4785 1720 6620 15950 4101026 11325 0.46850 0.48780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6 3297 3256 186030 1 1 0 1 X 6341676 793147 1224531 233107 131960 7994287 7000747 362886 -651572 242752 127633 6341676 5966615 419963 1023152 294031 114952 7000747 5464272 587926 238811 216665 107729 5966615 5687797 247445 -118657 1789 349600 924 5464272 0.02000 0.98000 0 0 13370 13370 47007 33132 13875 27245 CHARITABLE GIFT ANNUITIES 62547 62547 X 2348477 415381 131641 547022 1801455 33936 8651 42587 1844042 700864 136552 136552 564312 33936 4568 38504 602816 PART IV, LINE 2B: THE COMMUNITY FOUNDATION HOLDS AND ADMINISTERS THE ENDOWMENT FUND, AND ALL CONTRIBUTIONS AND ASSETS ALLOCABLE TO THE FUND, SUBJECT TO THE PROVISIONS OF APPLICABLE LAW AND THE COMMUNITY FOUNDATION'S ARTICLES OF INCORPORATION AND BYLAWS, AS AMENDED FROM TIME TO TIME. THE BOARD OVERSEES AND DISTRIBUTES FROM THE FUND AND HAS ALL POWERS OF MODIFICATION AND REMOVAL SPECIFIED IN THE UNITED STATES TREASURY REGULATION. PART V, LINE 4: ENDOWMENT FUNDS ARE EITHER UNRESTRICTED TO USE AS DETERMINED BY THE BOARD OF DIRECTORS OR RESTRICTED BY THE PURPOSE OF THE FUND AGREEMENTS WHICH ESTABLISHED THEM. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY OCCF AND RECOGNIZE A TAX LIABILITY IF OCCF HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY OCCF, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2019 AND 2018, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS SUCH, OCCF IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, OCCF IS REQUIRED TO FILE FEDERAL FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX WHICH IS AN INFORMATIONAL RETURN ONLY. OCCF IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEES 131,960. SPECIAL EVENTS 4,592. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -4,911. PART XI, LINE 4B - OTHER ADJUSTMENTS: SFAS 136 ADJUSTMENT 8,651. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEES 131,960. SPECIAL EVENTS 4,592. PART XII, LINE 4B - OTHER ADJUSTMENTS: SFAS 136 ADJUSTMENT 4,568. JIM FULFORD GOLF OUTING 27670 21050 6620 1064 2002 1020 506 27670 21050 6620 1064 2002 1020 506 4592 2028 1 OWEN CO SOIL & WATER 788 POTTERSVILLE ROAD SPENCER IN 47460 237029064 501(C)3 25713 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION SPENCER - OWEN SCHOOL CORPORATION 151 E HILLSIDE AVE SPENCER IN 47460 351099629 501(C)3 13440 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION AREA 10 AGENCY ON AGING 631 W EDGEWOOD ELLETTSVILLE IN 47429 310955307 501(C)3 13291 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION CLOVERDALE COMMUNITY SCHOOLS 310 E LOGAN ST CLOVERDALE IN 46120 356006371 501(C)3 21250 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN COUNTY CHAMBER OF COMMERCE PO BOX 87 SPENCER IN 47460 311183771 501(C)6 21593 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN COUNTY FAIR ASSOCIATION PO BOX 570 SPENCER IN 47460 356043481 501(C)3 5860 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN COUNTY FAMILY YMCA 1111 W STATE HWY 46 SPENCER IN 47460 352017600 501(C)3 15527 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION OWEN CO COMM FDN - EMERGENCY DISASTER FUNDS PO BOX 503 SPENCER IN 47460 351934464 501(C)3 12512 TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 7 1 SCHOLARSHIPS 56 53362 SCHEDULE I, PART II GRANTEES COMPLETE AGREEMENT PRIOR TO RECEIVING CHECKS AND THEY SUBMIT A REPORT, ALONG WITH ACCOUNTING RECEIPTS, TO SUBSTANTIATE USE OF GRANT MONIES. SCHEDULE I, PART III CHECKS GO DIRECTLY TO THE SCHOOL. IT IS SENT WITH A FORM SHOWING STUDENT NAME AND SCHOOL ID AND HOW TO APPLY THE MONEY, WHETHER TO FULL OR PART OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD APPROVES FINANCIAL STATEMENTS WHICH ARE USED TO PREPARE THE FORM 990. ONCE THE 990 IS RECEIVED, THE BOARD WILL REVIEW AND APPROVE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C IN JANUARY OF EACH YEAR, EACH BOARD MEMBER MUST UPDATE HIS/HER CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR'S SALARY IS ESTABLISHED BASED ON MARKET SALARIES FOR COMPARABLE MANAGEMENT/ADMINISTRATIVE POSITIONS, FINANCIAL INSTITUTIONS COMPENSATION SURVEY (CROWE-CHIZEK-INDIANA), AND COMMUNITY FOUNDATION STAFFING AND SALARY COMPARISONS (INDIANA GRANTMAKERS ALLIANCE). SUBSEQUENT ADJUSTMENTS ARE BASED ON INCUMBENT'S ANNUAL PERFORMANCE EVALUATION AND THE SOCIAL SECURITY ADMINISTRATION'S ANNUAL COST-OF-LIVING ADJUSTMENTS. ALL ISSUES RELATING TO EXECUTIVE DIRECTOR COMPENSATION ARE HANDLED BY THE INDEPENDENT BOARD OF DIRECTORS UNDER THE OWEN COUNTY COMMUNITY FOUNDATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 FORMS 1023 AND 990 ARE BOTH AVAILABLE IN OUR OFFICES FOR THE PUBLIC. OUR PUBLIC DISCLOSURE BINDER CONTAINS THE FOLLOWING: IRS DETERMINATION LETTER, FORM 1023, 3 MOST RECENT 990 FILINGS, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, INVESTMENT INFORMATION DISCLOSURE, ANNUAL REPORTS OF OWEN COUNTY COMMUNITY FOUNDATION. OWEN COUNTY COMMUNITY FOUNDATION'S 990 CAN ALSO BE ACCESSED THROUGH GUIDESTAR. WE ARE UNAWARE OF ANY OTHER WEBSITES THAT MAKE OUR FORM 1023 OR FORM 990S AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: SFAS 136 -4,083. CHANGE IN SPLIT INTEREST VALUE -4,911. FORM 990, PART XII, LINE 2C THE PROCEDURES THE AUDIT COMMITTEE TAKES ANNUALLY DID NOT CHANGE IN THE CURRENT YEAR.