2020-05-11T16:17:40-05:00 2019-12-31 461335331 ALTRUIC ADVISORS CPAS 4088 WASHTENAW AVE ANN ARBOR MI 48108 990 2019-01-01 383279018 BOOK INDUSTRY CHARITABLE FOUNDATION BOOK 7344774789 3135 S STATE STREET SUITE 203 ANN ARBOR MI 48108 CHRISTIE ROEHL SECRETARY 7344774789 2020-04-30 RYAN N HAGAN CPA P00293011 7344763720 2020-04-30 52.37.240.203 2020-05-11 16:17:40 CD P 564C83A33C8D9AFDD45D637D09E06197042371E9 463E90C1FF2C28FE2584D4FFC4D0641351B1EC33 2019 2020-11-19 02:30:22Z X CHRISTIE ROEHL 3135 S STATE STREET SUITE 203 ANN ARBOR MI 48108 1251060 false X WWW.BINCFOUNDATION.ORG X 1996 MI THE CENTERPIECE PROGRAM PROVIDES SHORT-TERM FINANCIAL ASSISTANCE TO BOOK INDUSTRY EMPLOYEES, INCLUDING BOOKSTORE OWNERS/OPERATORS, BOOKSELLERS, BOOK BUYERS, AND FORMER BORDERS EMPLOYEES AND THEIR IMMEDIATE FAMILIES WHO HAVE DEMONSTRATED FINANCIAL NEED ARISING FROM SEVERE HARDSHIP AND/OR EMERGENCY CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO, DISASTER RELIEF, DOMESTIC VIOLENCE, SERIOUS MEDICAL CONDITION, OR LOSS OF HOUSEHOLD INCOME SUCH AS DIVORCE OR SEPARATION, DEATH OF AN EMPLOYEE OR IMMEDIATE FAMILY MEMBER. ADDITIONALLY, THE BOOK INDUSTRY CHARITABLE FOUNDATION MADE AVAILABLE OTHER TOOLS TO HELP AFFECTED EMPLOYEES DEAL WITH ONGOING FINANCIAL CHALLENGES. THESE TOOLS INCLUDE HEALTH CARE RESOURCES DIRECTORIES, BUDGET PLANNING GUIDES AND FINANCIAL MANAGEMENT TOOLS. 14 14 5 48 0 380527 537427 0 83672 71432 47823 17340 512022 626199 293630 300364 0 323250 342815 0 202086 146342 141245 763222 784424 -251200 -158225 1750563 1801473 37187 43381 1713376 1758092 TO STRENGTHEN THE BOOKSELLING COMMUNITY THROUGH CHARITABLE PROGRAMS THAT SUPPORT EMPLOYEES AND THEIR FAMILIES. false false 276796 168204 FINANCIAL ASSISTANCE PROGRAM - PROVIDES ASSISTANCE TO EMPLOYEES AND FORMER EMPLOYEES. THIS CENTERPIECE PROGRAM PROVIDES SHORT-TERM FINANCIAL ASSISTANCE TO BOOK INDUSTRY EMPLOYEES AND FORMER BORDERS EMPLOYEES AND THEIR IMMEDIATE FAMILIES WHO HAVE DEMONSTRATED FINANCIAL NEED ARISING FROM SEVERE HARDSHIP AND/OR EMERGENCY CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO, DISASTER RELIEF, SERIOUS MEDICAL CONDITION, LOSS OF HOUSEHOLD INCOME DUE TO DEATH OF EMPLOYEE OR IMMEDIATE FAMILY MEMBER, DIVORCE OR SEPARATION OR PARTNER'S/SPOUSE'S JOB LOSS. ADDITIONALLY, THE BOOK INDUSTRY CHARITABLE FOUNDATION MADE AVAILABLE OTHER TOOLS TO HELP AFFECTED EMPLOYEES DEAL WITH ONGOING FINANCIAL CHALLENGES. THESE TOOLS INCLUDE RESOURCE DIRECTORIES, BUDGET PLANNING GUIDES AND FINANCIAL MANAGEMENT TOOLS. 106448 102124 POST SECONDARY SCHOLARSHIPS - A MERIT AND NEEDS BASED SCHOLARSHIP PROGRAM TO ASSIST FORMER BORDERS EMPLOYEES AND THE DEPENDENTS OF EMPLOYEES WITH THE COSTS OF HIGHER EDUCATION, INCLUDING UNDERGRADUATE, GRADUATE, VOCATIONAL, AND TECHNICAL STUDIES. 41046 30036 DISASTER RELIEF PROGRAM - DESIGNED TO ASSIST BOOK STORE OWNERS IF THEIR BOOKSTORE WAS IMPACTED BY A NATURAL DISASTER. ANY ASSISTANCE GIVEN IS OUTSIDE OF WHAT IS COVERED BY INSURANCE AND DOES NOT INCLUDE ANY PAYMENTS TO MERCHANDISE VENDORS. THE STORE MUST DEMONSTRATE A FINANCIAL CRISIS BROUGHT ABOUT BY A NATURAL DISASTER INCLUDING LOSS OF INCOME DUE TO DISRUPTION OF BUSINESS. THE FOUNDATION IS ABLE TO HELP BY PAYING NEEDED RENT AND/OR UTILITIES. 424290 true true false false false false false false false false false false false false false false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 7 0 5 true false false false false false false false false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true false false AL AK AZ AR CA CT FL GA HI KS KY ME MI MN MS NH NJ NM NY ND OH OK OR PA RI WV NC SC TN UT VA WA X X X MARY BAKER 7344710202 3135 S STATE STREET SUITE 203 ANN ARBOR MI 48108 PAMELA FRENCH EXECUTIVE DI 40.00 X 119382 0 0 SARAH BAGBY DIRECTOR 0.50 X 0 0 0 JULIA COWLISHAW DIRECTOR 0.50 X 0 0 0 CALVIN CROSBY DIRECTOR 0.50 X 0 0 0 EILEEN DENGLER DIRECTOR 0.50 X 0 0 0 MATTHEW GILDEA VICE PRESIDE 1.00 X X 0 0 0 ROCKELLE HENDERSON DIRECTOR 0.50 X 0 0 0 KATE MCCUNE DIRECTOR 0.50 X 0 0 0 ANNIE PHILBRICK DIRECTOR 0.50 X 0 0 0 JEN REYNOLDS DIRECTOR 0.50 X 0 0 0 MARY RICHARDS TREASURER 1.00 X X 0 0 0 CHUCK ROBINSON DIRECTOR 0.50 X 0 0 0 CHRISTIE ROEHL SECRETARY 1.00 X X 0 0 0 LORI TUCKER-SULLIVAN PRESIDENT 1.00 X X 0 0 0 KEN WHITE DIRECTOR 0.50 X 0 0 0 119382 1 false false false 537427 537427 59397 59397 634396 622361 12035 12035 12035 19840 2500 17340 626199 12035 59397 300364 300364 110822 16623 38788 55411 188236 69048 36126 83062 5374 1540 1346 2488 19225 5508 4816 8901 19158 5489 4799 8870 2926 2926 10224 10224 4626 1297 1525 1804 10060 1360 6399 2301 19605 5097 6862 7646 31264 14381 7816 9067 14269 17 14234 18 3069 767 1105 1197 BANK AND CREDIT CARD FEES 20886 15386 5500 DEVELOPMENT COSTS 10161 10161 MARKETING 4622 1848 1248 1526 SUPPLIES 4018 4018 5515 951 430 4134 784424 424290 158048 202086 17075 26276 203150 300088 57354 31056 829 655 2041 2394 1468554 1439444 1560 1560 1750563 1801473 26738 43381 10449 37187 43381 X 1305015 1483228 408361 274864 1713376 1758092 1750563 1801473 -158225 202941 X false true X true false X 69393 126475 558720 380527 537427 1672542 69393 126475 558720 380527 537427 1672542 320595 1351947 52564 66762 69585 69052 58890 316853 1989395 76852 0.67960 0.67170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 941506 202941 112366 315307 626199 626199 896790 112366 112366 784424 784424 HEADS OR TAILS 19840 19840 2500 19840 19840 2500 2500 17340 true FINANCIAL ASSISTANCE 92 211775 POST-SECONDARY SCHOLARSHI 8 40859 MATCHING GRANTS 11 18044 PROFESSIONAL SCHOLARSHIPS 30 21516 STORE DISASTER RELIEF 6 8170 SCHEDULE I, PAGE 1, PART I, LINE 2 THE USE OF GRANT FUNDS IS MONITORED IN TWO WAYS. FIRST, THROUGH THE DUE DILIGENCE RESEARCH OF THE PROGRAMS MANAGER WHEN ASSESSING THE INITIAL GRANT REQUEST AND POTENTIAL GRANT AMOUNT. THE GRANT APPLICANT MUST PROVIDE ALL RELEVANT DOCUMENTATION OF EXPENSES AND THE PROGRAM MANAGER VERIFIES THAT A VALID QUALIFYING EVENT HAS OCCURRED AND THAT THE NEED DOES EXIST. SECOND, ONCE A GRANT IS APPROVED, PAYMENTS ARE NOT MADE DIRECTLY TO THE GRANT RECIPIENT, INSTEAD PAYMENTS ARE MADE DIRECTLY TO THE SERVICE PROVIDER/COMPANY ON BEHALF OF THE GRANT RECIPIENT. EXAMPLES OF SERVICE PROVIDERS/COMPANIES INCLUDE: UTILITY COMPANIES, MORTGAGE LENDERS, MEDICAL PROVIDERS, AND FUNERAL SERVICE PROVIDERS. IN ADDITION, WHEN PAYMENTS/FUNDS ARE SENT TO A PROVIDER/COMPANY THE GRANT RECIPIENT'S ACCOUNT INFORMATION IS INCLUDED SO THAT PAYMENT IS APPLIED PROPERLY. FORM 990, PAGE 1, ITEM B THE 2019 FORM 990 RETURN IS BEING AMENDED TO CORRECT THE LISTING OF BOARD OF DIRECTORS AS PRESENTED IN PART VII. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE COMMITTEE (PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASURER) WILL REVIEW THE FULL AND COMPLETE 990 PRIOR TO FILING, AND THE FULL AND COMPLETE 990 WILL BE ISSUED ELECTRONICALLY TO ALL BOARD MEMBERS PRIOR TO FILING FOR THEIR FEEDBACK. IN ADDITION, THE 990 WILL BE REVIEWED AT THE FIRST BOARD MEETING AFTER THE 990 HAS BEEN FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE POLICY IS REVIEWED EACH YEAR WHEN NEW BOD MEMBERS ARE ADDED. ALL BOD MEMBERS ARE REQURED TO SIGN AND RETURN THE CONFLICT OF INTEREST STATEMENT WHEN THEY JOIN THE BOARD. IN ADDITION, THE BOARD MEMBER ROLE DESCRIPTION INCLUDES A CONFLICT OF INTEREST STATEMENT AND THE STATEMENT IS REVIEWED AT THE FIRST BOD MEETING OF EVERY FISCAL YEAR. FORM 990, PAGE 6, PART VI, LINE 15A A SALARY REVIEW AND TITLE REVIEW WERE CONDUCTED BY THE PRESIDENT OF THE BOARD AND SHARED WITH THE OTHER EXECUTIVE COMMITTEE MEMBERS (ALL INDEPENDENT PERSONS.) INCLUDED COLLECTING BENCH MARK DATA ON SALARY, TITLE AND RESPONSIBILITIES. THE SURVEY WAS CONDUCTED THROUGH THE BORDERS COMPENSATION DEPARTMENT (INDEPENDENT PERSONS) IN THE FALL OF 2008. THE ENTIRE BOARD OF DIRECTORS DISCUSSED AND APPROVED THE DECISION TO HIRE PRIOR TO THE JOB OFFERING BEING MADE. FORM 990, PAGE 6, PART VI, LINE 17 MINNESOTA, MISSISSIPPI, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH DAKOTA, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, RHODE ISLAND, WEST VIRGINIA, NORTH CAROLINA, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WASHINGTON FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.