2020-02-05T15:41:48-06:00 2019-06-30 141567370 NUGENT & HAEUSSLER PC 101 BRACKEN ROAD MONTGOMERY NY 12549 990 2018-07-01 061551843 COMMUNITY FOUNDATION OF ORANGE COUNTY INC COMM 8457699393 30 SCOTTS CORNERS DRIVE NO 203 MONTGOMERY NY 12549 TIMOTHY S MCCAUSLAND CHAIRMAN 8457699393 2020-01-27 1 MARK M LEVY CPA P01061802 8454571100 2020-01-22 144.121.100.62 2020-01-27 15:45:14 ES P 6ADAB0E7F630CF120519130AA603A422C77A5821 83605E11A4CFA796FA6907D34AE5AACE50B6BDE2 2018 2020-09-23 17:36:50Z COMMUNITY FOUNDATION OF ORANGE AND SULLIVAN TIMOTHY S MCCAUSLAND 30 SCOTTS CORNERS DRIVE MONTGOMERY NY 12549 22190613 0 X WWW.CFOSNY.ORG X 1999 NY THE FOUNDATION'S MISSION IS TO ENABLE CHARITABLE INDIVIDUALS AND ORGANIZATIONS TO BECOME MEANINGFUL DONORS BY PROVIDING TRUSTED SUPPORT AND EXPERTISE FOR THEIR CONTRIBUTIONS TO MAKE A DIFFERENCE IN OUR COMMUNITY, NOW AND FOREVER. 27 27 5 50 0 0 3842914 4608532 293925 356927 1387956 3067805 0 0 5524795 8033264 1296968 3591468 0 0 327550 372134 0 0 44474 521118 573733 2145636 4537335 3379159 3495929 29079039 31470056 7067786 7415606 22011253 24054450 THE FOUNDATION'S MISSION IS TO ENABLE CHARITABLE INDIVIDUALS AND ORGANIZATIONS TO BECOME MEANINGFUL DONORS BY PROVIDING TRUSTED SUPPORT AND EXPERTISE FOR THEIR CONTRIBUTIONS TO MAKE A DIFFERENCE IN OUR COMMUNITY, NOW AND FOREVER. 0 0 4183592 3591468 356927 THE ORGANIZATION PROVIDES CHARITABLE GIVING SERVICES TO DONORS AND ACTS AS A CLEARING HOUSE FOR LONG TERM FUND MANAGEMENT AND DISTRIBUTION TO NOT-FOR-PROFIT ORGANIZATIONS AND OTHER CHARITABLE ENDEAVORS. 4183592 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 32 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X X ELIZABETH ROWLEY 8457699393 30 SCOTTS CORNERS DRIVE SUITE 203 MONTGOMERY NY 12549 CHRISTOPHER CORALLO TREASURER 2.00 X X 0 0 0 MICHAEL BONURA CHAIR ELECT 2.00 X X 0 0 0 WILLIAM BRATTON DIRECTOR 2.00 X 0 0 0 DAVID APPS DIRECTOR 2.00 X 0 0 0 JOHN M DAVIES DIRECTOR 2.00 X 0 0 0 KATHARINE FITZGERALD DIRECTOR 2.00 X 0 0 0 ERIC FUENTES DIRECTOR 2.00 X X 0 0 0 BARRY LEWIS DIRECTOR 2.00 X 0 0 0 GERALD N JACOBOWITZ ESQ DIRECTOR 2.00 X 0 0 0 DR MICHELLE A KOURY FIRST VICE CHAIR 2.00 X X 0 0 0 WAYNE MARTIN CPA DIRECTOR 2.00 X 0 0 0 TIMOTHY MCCAUSLAND ESQ CHAIRMAN 2.00 X X 0 0 0 SUSAN D NAJORK DIRECTOR 2.00 X 0 0 0 BONNIE ORR CPA SECRETARY 2.00 X X 0 0 0 CHARLES DEGLIOMINI DIRECTOR 2.00 X 0 0 0 WILLIAM QUACKENBUSH DIRECTOR 2.00 X 0 0 0 RICHARD SHAPIRO ESQ 2ND VICE CHAIR 2.00 X X 0 0 0 GERALD J SKODA DIRECTOR 2.00 X X 0 0 0 MAGGIE SMITH ASSISTANT TREASURER 2.00 X X 0 0 0 RJ SMITH DIRECTOR 2.00 X 0 0 0 JOSH SOMMERS PAST-CHAIRMAN 2.00 X 0 0 0 GARY SIEGEL DIRECTOR 2.00 X 0 0 0 AMANDA WARD DIRECTOR 2.00 X 0 0 0 DAVID MISTRETTA DIRECTOR 2.00 X 0 0 0 DERRIK WYNKOOP DIRECTOR 2.00 X 0 0 0 GEORGE KINNE DIRECTOR 2.00 X 0 0 0 VALERIE ZAMMITTI DIRECTOR 2.00 X 0 0 0 ELIZABETH ROWLEY PRESIDENT & CEO 65.00 X 103336 0 0 103336 0 0 1 0 0 0 PERSHING ADVISOR SOLUTIONS LLC ONE PERSHING PLAZA JERSEY CITY NJ 07399 INVESTMENT ADVISOR 102608 1 652362 3956170 4608532 ADMINISTRATIVE FEES 900099 355517 355517 SEMINARS 900099 1410 1410 356927 803274 803274 16082601 13818070 2264531 2264531 2264531 339279 652362 339279 0 8033264 356927 0 3067805 3198883 3198883 392585 392585 103336 20667 72335 10334 216820 83347 109124 24349 12887 3222 9020 645 15503 3876 10852 775 23588 7664 13369 2555 615 615 12500 12500 125025 125025 2369 2369 15606 7022 7803 781 27609 13804 13805 29353 11741 17612 5500 1366 3577 557 3177 1429 1748 1641 738 903 7947 5960 1987 ADMINISTRATIVE FEES 279693 279693 COMPUTER SUPPORT 24484 12240 9795 2449 PRINTING AND PUBLICATIO 16731 6692 8366 1673 STRATEGIC PLANNING 9135 3654 5481 12348 3984 8008 356 4537335 4183592 309269 44474 92093 1383990 2345400 2185144 1550 1000 636 600 14709 12758 3592 1951 26568842 27837121 66926 60250 29079039 31470056 8763 8607 7750 5000 7051273 7401999 7067786 7415606 X 908800 1061590 1239398 1269047 19863055 21723813 22011253 24054450 29079039 31470056 3495929 -1452732 0 X 0 1 X 1 0 X 2500684 3850372 4513610 3842914 4608532 19316112 2500684 3850372 4513610 3842914 4608532 19316112 19316112 301517 194819 350117 445257 803274 2094984 368848 393178 484099 482119 696206 2424450 23835546 0.81040 0.81230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46 673316 423704 5336458 1 1 0 21102453 4577105 1444037 2862647 988396 279692 22992860 17738039 3684941 1473607 998663 449233 346238 21102453 13251394 4397053 1421660 640833 427845 263390 17738039 11137730 3719465 -107486 642858 638552 216905 13251394 9380345 2337794 276972 353294 312393 192694 11137730 0.94480 0.05520 0 0 5162 5075 87 9547 7683 1864 1951 AGENCY ENDOWMENTS 5336458 SPLIT-INTEREST AGREEMENT 33029 DUE TO ROCKLAND COMMUNITY FOUNDATION 2032512 7401999 6794786 -1452732 339279 -1113453 7908239 125025 125025 8033264 4751589 339279 339279 4412310 125025 125025 4537335 PART V, LINE 4: WE ENABLE CHARITABLE INDIVIDUALS AND ORGANIZATIONS TO BECOME MEANINGFUL DONORS BY PROVIDING TRUSTED SUPPORT AND EXPERTISE FOR THEIR CONTRIBUTIONS TO MAKE A DIFFERENCE IN OUR COMMUNITY, NOW AND FOREVER. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NET ON IRS FORM 990 339,279. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NET ON IRS FORM 990 339,279. ANNUAL RECEPTION 173596 130878 42718 42718 RICHARD G MCCOY FOUNDATION GOLF OUT 41619 5495 36124 36124 48 776426 515989 260437 260437 991641 652362 339279 339279 339279 0 1 CORNELL COOPERATIVE EXTENSION OF ORANGE COUNTY 18 SEWARD AVENUE SUITE 300 MIDDLETOWN NY 10940 146036889 9000 CAPITAL CAMPAIGN VALLEY CENTRAL EDUCATION FOUNDATION PO BOX 656 MONTGOMERY NY 12549 800781071 7000 ANNUAL TEACHER GRANTS BETHEL WOODS CENTER FOR THE ARTS PO BOX 222 LIBERTY NY 12754 454083198 15000 PROGRAM SUPPORT FRIENDS OF THE ORANGE COUNTY ARBORETUM 211 ROUTE 416 MONTGOMERY NY 12549 141804703 5000 COMMUNITY DEVELOPMENT TRUSTEES OF COLUMBIA UNIVERSITY 630 WEST 168ST NEW YORK NY 10032 135598093 15000 RESEARCH ON GENETIC POLYCLUCOSAN BODY DISEASE GERRY FOUNDATION PO BOX 311 LIBERTY NY 12754 141798234 30000 COMMUNITY BEAUTIFICAITON GRANTS OR 5000 N/A NA NY 12550 1431565 PROGRAM SUPPORT BIG BROTHERS BIG SISTERS OF ORANGE COUNTY NEW YORK INC PO BOX 426 VAILS GATE NY 12584 951992702 55268 PROGRAM SUPPORT CATHOLIC CHARITIES OF ORANGE SULLIVAN AND ULSTER 27 MATTHEWS STREET GOSHEN NY 10924 320151827 44236 PROGRAM SUPPORT TEMPLE SINAI 75 HIGHLAND AVENUE MIDDLETOWN NY 10940 141436846 30000 PROGRAM SUPPORT CATSKILL REGIONAL MEDICAL CENTER PO BOX 800 HARRIS NY 12742 146049030 58000 PROGRAM SUPPORT CHILDREN'S RIGHT SOCIETY INC 7 COATES DRIVE GOSHEN NY 10924 061459887 46364 PROGRAM SUPPORT COMMUNITY FOUNDATION OF THE HUDSON VALLEY 80 WASHINGTON STREET SUITE 201 POUGHKEEPSIE NY 12601 237026859 15000 PROGRAM SUPPORT DENIZEN THEATER 10 MAIN STREET SUITE 501 NEW PALTZ NY 12561 823737389 10000 PROGRAM SUPPORT HABITAT FOR HUMANITY OF GREATER NEWBURGH INC PO BOX 1694 NEWBURGH NY 12550 141815690 25000 PROGRAM SUPPORT YMCA OF MIDDLETOWN 81 HIGHLAND AVENUE MIDDLETOWN NY 10940 141340134 50000 PROGRAM SUPPORT GRANT GIGI'S PLAYHOUSE 720 SAW MILL RIVER ROAD ARDSLEY NY 10502 471993324 10000 PROGRAM SUPPORT GRANT WALLKILL VALLEY LAND TRUST PO BOX 208 NEW PALTZ NY 12561 222867070 10000 PROGRAM SUPPORT GRANT GOSHEN PUBLIC LIBRARY AND HISTORICAL SOCIETY 203 MAIN STREET GOSHEN NY 10924 141410840 371325 PROGRAM SUPPORT GRANT HUDSON HIGHLANDS NATURE MUSEUM 120 MUSER DRIVE CORNWALL NY 12518 141470087 20000 PROGRAM SUPPORT HUDSON VALLEY MANUFACTURING WORKFORCE CENTER INC 6 ALBANY POST ROAD NEWBURGH NY 12550 825190478 16000 PROGRAM SUPPORT KIWANIS CLUB OF MONTICELLO INC PO BOX 413 MONTICELLO NY 12701 141827236 6500 SCHOLARSHIPS JEWISH FAMILY SERVICE OF ORANGE COUNTY INC 720 ROUTE 17M MIDDLETOWN NY 10940 141731791 17000 PROGRAM SUPPORT JOHN GUERRA SCHOLARSHIP FUND 51 NORTH MAIN STREET FLORIDA NY 10921 146002005 5605 SCHOLARSHIPS KIDS FOR KIDS FOUNDATION 5322 AVENUE N BROOKLYN NY 11234 455617961 5000 PROGRAM SUPPORT THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION 1001 POTRERO AVENUE ROOM 3C-38 SAN FRANCISCO CA 94110 946036493 30000 PROGRAM SUPPORT LEGAL SERVICES OF THE HUDSON VALLEY 90 MAPLE AVENUE WHITE PLAINS NY 10601 136265606 50000 CAPITAL IMPROVEMENT GRANT LATINO U COLLEGE ACCESS 75 VIRGINIA ROAD WHITE PLAINS NY 10603 461211285 5000 PROGRAM SUPPORT METAL HEALTH ASSOCIATION IN ORANGE COUNTY INC 73 JAMES P KELLY WAY MIDDLETOWN NY 10940 146024124 7500 PROGRAM SUPPORT MIDDLETOWN-GOSHEN CONVALESCENT CHILDRENS HOME INC 90 N ST R 205 MIDDLETOWN NY 10940 141422081 25250 PROGRAM SUPPORT NEWBURGH FREE LIBRARY 124 GRAND STREET NEWBURGH NY 12550 146001726 25000 PROGRAM SUPPORT NORA GRONIN PRESENTATION ACADEMY 69 BAY VIEW TERRACE NEWBURGH NY 12550 352272987 13100 PROGRAM SUPPORT ORANGE COUNTY ARTS COUNCIL PO BOX 574 SUGAR LOAF NY 10981 208471031 7000 PROGRAM SUPPORT ORANGE REGIONAL MEDICAL CENTER 707 EAST MAIN STREET MIDDLETOWN NY 10940 141364536 12900 PROGRAM SUPPORT REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM 40 SMITH STREET MIDDLETOWN NY 10940 141493667 40610 PROGRAM SUPPORT ST LUKE'S CORNWALL HEALTH SYSTEM FOUNDATION 70 DUBOIS STREET NEWBURGH NY 12550 223026263 50000 PROGRAM SUPPORT SULLIVAN 180 INC ONE CABLEVISION CENTER DRIVE LIBERTY NY 12754 813451349 417000 PROGRAM SUPPORT SULLIVAN COUNTY COMMUNITY COLLEGE 112 COLLEGE ROAD LOCH SHELDRAKE NY 12759 146025111 35000 PROGRAM SUPPORT SUNY ORANGE FOUNDATION 115 SOUTH STREET MIDDLETOWN NY 10940 133219917 33597 PROGRAM SUPPORT THE CENTER FOR CREATIVE EDUCATION 15 RAILROAD AVENUE KINGSTON NY 12401 943152269 50000 PROGRAM SUPPORT ULSTER COMMUNITY COLLEGE FOUNDATION INC 491 COTTEKILL ROAD STONE RIDGE NY 12484 141796265 30000 PROGRAM SUPPORT WESTCHESTER-ELLENVILLE HOSPITAL INC 10 HEALTHY WAY ELLENVILLE NY 12428 134111638 49063 PROGRAM SUPPORT YWCA ORANGE COUNTY 21 WEST STREET NEWBURGH NY 12550 141340138 10000 PROGRAM SUPPORT SCHOLARSHIP TO ADELPHI UNIVERSITY 1 1000 SCHOLARSHIP TO ALFRED STATE 1 500 SCHOLARSHIP TO BELMONT ABBEY COLLEGE 1 500 SCHOLARSHIP TO BINGHAMTON UNIVERSITY 10 30250 SCHOLARSHIP TO CAMPBELL UNIVERSITY 1 250 SCHOLARSHIP TO COASTAL CAROLINA UNIVERSITY 1 1000 SCHOLARSHIP TO COLUMBIA UNIVERSITY 1 1000 SCHOLARSHIP TO CORNELL UNIVERSITY 2 2750 SCHOLARSHIP TO DESALES UNIVERSITY 2 1000 SCHOLARSHIP TO DOMINICAN COLLEGE 1 500 SCHOLARSHIP TO DREW UNIVERSITY 1 13000 SCHOLARSHIP TO DUTCHESS COMMUNITY COLLEGE 1 1000 SCHOLARSHIP TO GENEVA COLLEGE 1 7250 SCHOLARSHIP TO GEORGETOWN UNIVERSITY 1 500 SCHOLARSHIP TO MARIST COLLEGE 4 6000 SCHOLARSHIP TO HARTWICK COLLEGE 3 3000 SCHOLARSHIP TO ITHACA COLLEGE 1 250 SCHOLARSHIP TO JAMES MADISON UNIVERSITY 1 1250 SCHOLARSHIP TO ELMIRA COLLEGE 1 1000 SCHOLARSHIP TO LACKAWANNA COLLEGE 1 2500 SCHOLARSHIP TO MANHATTAN COLLEGE 2 3000 SCHOLARSHIP TO MANHATTANVILLE COLLEGE 1 2500 SCHOLARSHIP TO MESSIAH COLLEGE 1 5000 SCHOLARSHIP TO MISERICORDIA UNIVERSITY 1 7750 SCHOLARSHIP TO MORRISVILLE STATE COLLEGE 2 4000 SCHOLARSHIP TO FINGER LAKE COMMUNITY COLLEGE 1 2000 SCHOLARSHIP TO MONMOUTH UNIVERSITY 2 1250 SCHOLARSHIP TO ORANGE COUNTY COMMUNITY COLLEGE 15 20100 SCHOLARSHIP TO MOHAWK VALLEY COMMUNITY COLLEGE 1 500 SCHOLARSHIP TO MARYWOOD UNIVERSITY 2 6000 SCHOLARSHIP TO MERCY COLLEGE 1 750 SCHOLARSHIP TO FARMINGDALE STATE UNIVISITY 1 1000 SCHOLARSHIP TO FAIRFIELD UNIVERSITY 2 2500 SCHOLARSHIP TO PENNSYLVANIA STATE UNIVERSITY 2 2500 SCHOLARSHIP TO ELON UNIVERSITY 1 1250 SCHOLARSHIP TO EAST STROUDSBURGH UNIVERSITY 1 5000 SCHOLARSHIP TO MOUNT SAINT MARY COLLEGE 4 14585 SCHOLARSHIP TO NIAGARA UNIVERSITY 1 500 SCHOLARSHIP TO NORFOLK STATE UNIVERSITY 1 1000 SCHOLASHIP TO ONONDAGA COMMUNITY COLLEGE 1 1500 SCHOLARSHIP TO PACE UNIVERSITY 1 1000 SCHOLARSHIP TO PAUL SMITH'S COLLEGE 1 3000 SCHOLARSHIP TO PLATTSBURGH STATE UNIVERSITY 1 2000 SCHOLARSHIP TO PURCHASE COLLEGE 2 2500 SCHOLARSHIP TO QUINNIPIAC UNIVERSITY 3 5000 SCHOLARSHIP TO SACRED HEART UNIVERSITY 1 2000 SCHOLARSHIP TO SETON HALL UNIVERSITY 3 2250 SCHOLARSHIP TO SIENA COLLEGE 1 1250 SCHOLARSHIP TO SOUTH SEATTLE COLLEGE 1 1000 SCHOLARSHIP TO SPRINGFIELD COLLEGE 1 2500 SCHOLARSHIP TO ST. LAWRENCE UNIVERSITY 1 1250 SCHOLARSHIP TO STONE HILL COLLEGE 1 3750 SCHOLARSHIP TO STONEY BROOK UNIVERSITY 3 2000 SCHOLARSHIP TO SUFFOLK UNIVERSITY 1 500 SCHOLARSHIP TO SUNY BINGHAMTON 2 10250 SCHOLARSHIP TO SUNY COBLESKILL 2 4000 SCHOLARSHIP TO CORTLAND 10 16000 SCHOLARSHIP TO DELHI 8 12250 SCHOLARSHIP TO GENESEO 4 6500 SCHOLARSHIP FOR NEW PALTZ 6 14750 SCHOLARSHIP TO SUNY ONEONTA 10 14150 SCHOLARSHIP TO SUNY OSWEGO 4 14250 SCHOLARSHIP TO SUNY PLATTSBURGH 1 1000 SCHOLARSHIP TO SUNY POLYTECHNIC INSTITUTE 1 1000 SCHOLARSHIP TO SYRACUSE UNIVERSITY 5 12500 SCHOLARSHIP FOR THE COLLEGE AT BROCKPORT 4 11000 SCHOLARSHIP TO THE COLLEGE OF SAINT ROSE 1 250 SCHOLARSHIP TO THE UNIVERSITY OF RHODE ISLAND 2 1500 SCHOLARSHIP TO THE UNIVERSITY OF SCRANTON 2 5750 SCHOLARSHIP TO ULSTER COUNTY COMMUNITY COLLEGE 2 2500 SCHOLARSHIP TO UNIVERSITY AT ALBANY 9 27750 SCHOLARSHIP TO UNIVERSITY AT BUFFALO 11 31500 SCHOLARSHIP TO UNIVERSITY OF CONNECTICUT 1 1000 SCHOLARSHIP TO UNIVERSITY OF DELAWARE 2 2000 SCHOLARSHIP TO UNIVERSITY OF KENTUCKY 1 2500 SCHOLARSHIP TO UNIVERSITY OF VIRGINIA 1 500 SCHOLARSHIP TO UNIVERSITY OF WISCONSIN-MADISON 1 1000 SCHOLARSHIP TO VASSAR COLLEGE 2 1250 SCHOLARSHIP TO WAGNER COLLEGE 1 2500 SCHOLARSHIP TO WESTERN CONNECTICUT STATE UNIVERSITY 1 1000 SCHOLARSHIP TO WILKES UNIVERSITY 2 3250 SCHOLARSHIP TO WILLIAM PATTERSON UNIVERSITY 1 3000 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS FOR SCHOLARSHIPS GRANTED TO INDIVIDUALS WITHIN THE UNITED STATES, THE GRANTEE MUST VERIFY PROOF OF ENROLLMENT IN THE EDUCATIONAL SYSTEM, THE PROGRAM OF STUDY AND ANY OTHER INFORMATION REQUESTED BY THE COMMUNITY FOUNDATION OF ORANGE, INC. IN ORDER TO PROVE PROPER ENROLLMENT. GRANTS ARE AWARDED TO NOT-FOR-PROFIT ORGANIZATIONS FOR OPERATING EXPENSES, GIVING THE ORGANIZATIONS FLEXIBILITY FOR ITS USE. ALL GRANTS THAT ARE AWARDED ARE APPROVED BY THE GOVERNING BODY OF THE ORGANIZATION. X 9 474740 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FEDERAL FORM 990 WILL BE GIVEN TO EACH MEMBER OF THE GOVERNING BODY DURING THEIR BOARD MEETING. EACH MEMBER WILL HAVE THE OPPORTUNITY TO REVIEW THE FEDERAL FORM 990 AND VOTE ON ITS APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE GOVERNING BODY ARE REQUIRED ON AN ANNUAL BASIS TO FILE WITH THE ORGANIZATION AN ANNUAL DISCLOSURE STATEMENT SHOWING ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT AND CEO'S SALARY AS PART OF THE BUDGET PREPARATION PROCESS IN THE SPRING OF EACH YEAR. THE EXECUTIVE COMMITTEE VOTES TO ADOPT THE SALARY IN A DRAFT BUDGET PRIOR TO THE DRAFT BUDGET BEING PRESENTED TO THE FULL BOARD OF DIRECTORS AT THE MAY BOARD MEETING. IF THE FULL BOARD OF DIRECTORS APPROVES THE DRAFT BUDGET INCLUDING THE PRESIDENT AND CEO'S SALARY, THE SALARY IS EFFECTIVE ON THE 1ST OF JULY. THE SALARY LEVEL IS DETERMINED TAKING INTO ACCOUNT 1) COMPARATIVE INDUSTRY SALARY DATA, 2) COST OF LIVING, 3)THE ECONOMY AS A WHOLE, AND 4) THE FOUNDATION'S FINANCIAL SITUATION AS A WHOLE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.