2020-04-16T14:38:52-05:00 2019-06-30 371709475 FOSTER AND COMPANY LLC 804 E FAIRVIEW LOOP WASILLA AK 99654 990 2018-07-01 920139183 HOMER FOUNDATION HOME 9072350541 PO BOX 2600 HOMER AK 996032600 BONNIE JASON CHAIR 9072350541 2020-04-16 KAREN FOSTER P01436085 9073766901 2020-04-16 64.4.232.50 2020-04-16 14:38:52 CD P AB5D4DA6FEF07F3E7D044C1F4D90B93E0D9AC2E4 AB5D4DA6FEF07F3E7D044C1F4D90B93E0D9AC2E4 2018 2020-09-23 17:36:50Z BONNIE JASON PO BOX 2600 HOMER AK 996032600 735228 false X WWW.HOMERFOUNDATION.ORG X 1991 AK TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES. 13 13 7 15 0 390863 650564 953 799 4042 62453 3514 1429 399372 715245 107093 176632 0 98003 80706 0 20619 239513 60495 444609 317833 -45237 397412 2520903 2977547 332459 310077 2188444 2667470 TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES. false false 176632 176632 YEAR-ROUND GRANTS PROGRAM TO SUPPORT CHARITABLE ACTIVITIES IN THE COMMUNITY. 31443 CITY OF HOMER GRANTS PROGRAM TO SUPPORT TAX EXEMPT ORGANIZATIONS PROVIDING PROGRAMS AND SERVICES WITHIN THE CITY OF HOMER. 799 799 208075 true true false false false true false false false true true false false false true true false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false true 7 0 7 true false false false false false true false false false false false false false false false X 13 13 false false false false false false false true true false false true true true true true true true false false X MIKE MILLER 9072350541 PO BOX 2600 HOMER AK 996032600 BONNIE JASON CHAIR 1.00 X X 0 0 0 TERRI SPIGELMYER VICE CHAIR X X 0 0 0 STEVE ALBERT TREASURER 1.00 X X 0 0 0 TOM KIZZIA SECRETARY 1.00 X X 0 0 0 MATT CLARKE TRUSTEE 1.00 X 0 0 0 LIZ DOWNING TRUSTEE 1.00 X 0 0 0 VAN HAWKINS TRUSTEE 1.00 X 0 0 0 FLO LARSON TRUSTEE 1.00 X 0 0 0 PAULA MARTIN TRUSTEE 1.00 X 0 0 0 PHIL MORRIS TRUSTEE 1.00 X 0 0 0 DENISE PITZMAN TRUSTEE 1.00 X 0 0 0 PAUL SEATON TRUSTEE 1.00 X 0 0 0 CAROL SWARTZ TRUSTEE 1.00 X 0 0 0 JOY STEWARD PREVIOUS EXE 40.00 X 48000 0 0 MIKE MILLER EXECUTIVE DI 40.00 X 0 0 0 48000 false false false 42369 25000 583195 650564 PROGRAM FEES - R&R 900099 799 799 799 62453 62453 19545 42369 19652 -107 -107 1867 331 1536 1536 715245 799 63882 142182 142182 34450 34450 52518 15755 26259 10504 21473 13402 8071 279 279 6436 1370 3450 1616 3700 3700 9375 9375 1360 1360 5847 360 5487 14246 3246 10572 428 500 500 1647 1647 552 552 ALLOWANCE FOR MANAGED FUN 21201 21201 INV EXP-LIFE INS/ANNUITY 1337 1337 DUES AND SUBSCRIPTIONS 730 730 317833 208075 89139 20619 28922 24055 353329 442860 364 16021 15690 607 4139 14815 14815 2113260 2487833 8764 2606 2520903 2977547 54788 525 14685 22750 262986 286802 332459 310077 X 2023774 2431529 96526 147879 68144 88062 2188444 2667470 2520903 2977547 397412 81614 X true X false true false X 220552 502902 641525 390863 650564 2406406 220552 502902 641525 390863 650564 2406406 298449 2107957 27906 4042 62453 94401 1381 1381 2502188 13389 0.84240 0.82690 X PART II, LINE 10 REFUNDS, REBATES, REIMBURSEMENTS 1,381 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12 30280 9078 284188 true true 83475 3250 4320 2983 88062 83523 500 -548 83475 104268 430 -21175 83523 93584 500 10184 104268 114139 1200 -21755 93584 1.00000 false false 14815 14815 2614 FUNDS MANAGED FOR OTHERS 284188 286802 X SCHEDULE D, PAGE 2, PART V, LINE 4 PERMANENTLY RESTRICTED NET ASSETS CONSIST OF AN ENDOWMENT THAT MUST BE MAINTAINED IN PERPETUITY BY THE FOUNDATION. IN ACCORDANCE WITH DONOR RESTRICTIONS, THE FOUNDATION MAY USE THE INVESTMENT INCOME FROM THIS ENDOWMENT TO SUPPORT OPERATIONS. SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION AS DEFINED UNDER SECTION 509(A) (1). THE FOUNDATION IS EXEMPT FROM STATE INCOME TAXES UNDER THE ALASKA NONPROFIT CORPORATION ACT. THEREFORE, THE ACCOMPANYING STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. ALTHOUGH THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES, ANY INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES IS SUBJECT TO THE REQUIREMENT OF FILING FEDERAL INCOME TAX FORM 990-T AND A TAX LIABILITY MAY BE DETERMINED ON THESE ACTIVITIES. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. HALIBUT COVE LI 61914 42369 19545 7271 6850 5531 61914 42369 19545 7271 6850 5531 19652 -107 true CENTER FOR ALASKAN COASTAL STUDIES 708 SMOKEY BAY WAY HOMER AK 99603 920086250 501C3 6000 OCEAN SCIENCE HOMER COMMUNITY FOOD PANTRY 770 EAST END RD HOMER AK 99603 920153030 501C3 26269 EMERGENCY AID KBP SCHOOL DISTRICT 148 N BINKLEY ST SOLDOTNA AK 99669 920030923 GOVT 10956 EDUCATION KENAI PENINSULA ORCHESTRA 315 W PIONEER AVE HOMER AK 99603 264668183 501C3 5075 MUSIC HOMER COMMUNITY FREE CLINIC 178 E BUNNELL AVE HOMER AK 99603 473972259 501C3 9268 MEDICAL 4 1 SCHOLARSHIPS 21 34450 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS: THOSE REQUESTING GRANTS COMPLETE AN APPLICATION WHICH IS REVIEWED BY HOMER FOUNDATION STAFF. GRANTS ARE AWARDED TO NONPROFIT ORGANIZATIONS IN HOMER THAT SERVE THE NEEDS OF HOMER RESIDENTS. GRANT REQUESTS OVER 2,500 ARE REVIEWED BY THE ENTIRE BOARD. SCHOLARSHIPS: THE HOMER FOUNDATION DISTRIBUTES SEVERAL SCHOLARSHIPS WITH VARYING REQUIREMENTS. STUDENTS SUBMIT APPLICATIONS WITH REQUESTED MATERIALS, WHICH ARE REVIEWED BY HOMER FOUNDATION STAFF FOR ELIGIBILITY. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEWS THE COMPLETED 990, THEN PRESENTS IT TO THE BOARD WITH THEIR RECOMMENDATION FOR ACCEPTANCE AT A REGULAR BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C AT THE BEGINNING OF THE YEAR, BOARD MEMBERS COMPLETE A DISCLOSURE STATEMENT LISTING ANY PERSONAL INTERESTS THAT COULD LEAD TO POTENTIAL CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION IS REVIEWED BY THE BOARD AT THE TIME OF THE EXECUTIVE DIRECTOR'S REVIEW. ANY INCREASE IN COMPENSATION IS BASED ON THAT REVIEW. SALARY, BENEFITS, AND BONUSES ARE DETERMINED TO BE AS APPROPRIATE AND SUSTAINABLE, AND COMPARED TO THE FORAKER GROUP'S ALASKA NONPROFITS SALARY AND BENEFITS SURVEY AND TO THE LOCAL EMPLOYMENT OPPORTUNITIES OF SIMILAR SCOPE AND RESPONSIBILITY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, FINANCIAL REPORTS ARE PRESENTED IN THE ANNUAL REPORT WHICH IS MAILED OUT TO 950 CONSTITUENTS AND POSTED ON OUR WEBSITE: WWW.HOMERFOUNDATION.ORG