2020-11-16T14:17:42-06:00 2019-12-31 742804712 GOWLAND STREALY MORALES & COMPANY PLLC 5934 SOUTH STAPLES SUITE 201 CORPUS CHRISTI TX 78413 990 2019-01-01 742190039 COASTAL BEND COMMUNITY FOUNDATION COAS 3618829745 615 N UPPER BROADWAY NO 1950 CORPUS CHRISTI TX 784010720 KAREN W SELIM PRESIDENT AND CEO 3618829745 2020-11-15 true DAVID J MORALES P00029057 3619931000 2020-11-16 52.37.240.203 2020-11-16 14:17:42 CS P 2C532165BBF37EF3DE58C6BED97BD4759C7EB01B 86F625F19D410FAA9AB55F1AC9EAE49F10A12F3F 2019 2021-01-29 14:40:06Z KAREN W SELIM 555 N CARANCAHUA STE 900 CORPUS CHRISTI TX 78401 27974775 false X WWW.CBCFOUNDATION.ORG X 1980 TX TO ENHANCE THE QUALITY OF LIFE IN THE COASTAL BEND AREA OF TEXAS THROUGH CHARITABLE AND EDUCATIONAL GRANTS. 25 25 5 2589 1589 8500991 10559484 0 1692618 2495307 1105670 1315017 11299279 14369808 10325011 9876805 0 446570 499583 0 121877 1612806 1486046 12384387 11862434 -1085108 2507374 77198806 101512491 6991382 8575280 70207424 92937211 TO ENHANCE THE QUALITY OF LIFE IN THE COASTAL BEND AREA OF TEXAS THROUGH CHARITABLE AND EDUCATIONAL GRANTS. false false 7810720 6388199 THE FOUNDATION MAKES GRANTS TO NONPROFIT ORGANIZATIONS TO IMPROVE THE QUALITY OF LIFE IN THE COASTAL BEND AREA OF TEXAS FROM UNRESTRICTED, FIELD-OF-INTEREST, DESIGNATED, SPECIAL PROJECT AND DONOR ADVISED FUNDS. 549004 530362 THE FOUNDATION PROVIDES SCHOLARSHIPS AND FELLOWSHIPS TO STUDENTS IN ACCORDANCE WITH THE TERMS OF THE APPROXIMATE 100 SCHOLARSHIP AND FELLOWSHIP FUNDS. 2976885 2958244 ON DECEMBER 6, 2018 THE FOUNDATION HAD A ONE 24 HOUR PERIOD ON ONLINE GIVING OF DONATIONS CALLED THE "COASTAL BEND DAY OF GIVING", WHERE DONORS MATCHED THE FIRST 900,000 COLLECTED FOR 50 NONPROFITS IN THE COASTAL BEND SERVICE AREA. THE TOTAL AMOUNT GRANTED TO THE 50 NONPROFITS WAS 2,422,705 WHICH PROVIDED ASSISTANCE TO OVER 35,000 COASTAL BEND RESIDENTS. 11336609 true true false false false true false false false true true false false false true false true false false false true false false false true false false true false true false false false false false false false false true false false false false false false false false true 0 0 true 5 true true true false false false false true true false false false false false false false false false false false X 25 25 false false false false false false false true true false false true true true true true true true true true true X X ALYSSA MONETTE 3618829745 555 N CARANCAHUA STE 900 CORPUS CHRISTI TX 78401 KAREN W SELIM PRESIDENT AN 40.00 X 170000 0 18460 TRACY RAMIREZ DIRECTOR OF 40.00 X 68500 0 5657 LOUISE ADUDDELL DIRECTOR 1.00 X 0 0 0 MIKE CARRELL PAST CHAIR 1.00 X X 0 0 0 RICKI CUNNINGHAM DIRECTOR 1.00 X 0 0 0 PAULA DEAN DIRECTOR 1.00 X 0 0 0 PATRICIA 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900099 900788 900788 PARTNERSHIP INCOME 76894 76894 AMBERBROOK VI 523000 1404 1404 -1404 -2589 1185 977682 14369808 1981130 2589 1826605 9876805 9876805 262617 55925 118177 88515 180103 90052 81046 9005 7636 3818 3436 382 20251 10126 9113 1012 28976 10128 13039 5809 53937 53937 23350 23350 240577 240577 6039 6039 27478 12365 12365 2748 44524 20036 20036 4452 31507 14178 14178 3151 2046 921 921 204 8984 8984 1275 1275 8963 8963 ADMINISTRATIVE FEES 851947 851947 EDUCATIONAL PROJECTS 139062 139062 FOREIGN TAX WITHHOLDING 27936 27936 OTHER EXPENSES 17883 10669 6654 560 538 538 11862434 11336609 403948 121877 749875 455723 1321 91 274270 49204 53183 54837 22780076 65072 9229664 22715004 67149513 77948112 15250 15250 77198806 101512491 4219 48553 451958 492060 6535205 8034667 6991382 8575280 X 3003748 15487151 67203676 77450060 70207424 92937211 77198806 101512491 X 2507374 20222413 X false true X true false X 12196237 5083572 9744481 8500991 10559484 46084765 12196237 5083572 9744481 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FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY IS THEN PROVIDED TO STAFF FOR REVIEW. STAFF THEN PRESENTS IT TO THE BOARD'S EXECUTIVE COMMITTEE FOR REVIEW AND DISCUSSION. UPON ADOPTION BY THE EXECUTIVE COMMITTEE, IT IS THEN PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY, STAFF PROVIDES COPIES OF THE FOUNDATION'S CONFLICT OF INTEREST POLICY TO ALL BOARD MEMBERS AND STAFF. FOR NEW BOARD MEMBERS, THE POLICY IS PRESENTED AND DISCUSSED DURING THEIR ORIENTATION BRIEFING. AFTER REVIEW, ALL BOARD MEMBERS SIGN AND SUBMIT TO THE PRESIDENT A CERTIFICATION OF COMPLIANCE WITH THE POLICY, NOTING ANY POTENTIAL CONFLICTS THEY MAY HAVE, IF ANY. DURING COMMITTEE MEETINGS, BOARD MEMBERS ARE ASKED TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST IF THEY ARISE AND THOSE ARE DEALT WITH BY THE COMMITTEE CHAIRMAN AT THAT TIME. ALL STAFF MUST SUBMIT TO THE PRESIDENT A CERTIFICATION OF COMPLIANCE WITH THE POLICY, NOTING ANY POTENTIAL CONFLICTS THEY MAY HAVE, IF ANY ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD CHAIRMAN IS ANNUALLY PROVIDED WITH A COMPENSATION HISTORY FOR THE PRESIDENT/CEO. HE/SHE IS ALSO PROVIDED WITH A PERFORMANCE EVALUATION FORM TO COMPLETE FOR THE CEO AS WELL AS THE MOST RECENT SALARY COMPARABILITY DATA AVAILABLE FROM INDEPENDENT SOURCES, LIKE THE COUNCIL ON FOUNDATIONS. THESE DOCUMENTS ARE USED BY THE CHAIRMAN TO REVIEW THE PRESIDENT/CEO'S PERFORMANCE WITH THE EXECUTIVE COMMITTEE (IN EXECUTIVE SESSION) AND TO DETERMINE A COMPENSATION AMOUNT FOR THE CEO FOR THE UPCOMING BUDGET YEAR. IF AN INCREASE IN SALARY IS SUGGESTED, IT IS BROUGHT BEFORE THE FULL BOARD OF DIRECTORS (IN EXECUTIVE SESSION) FOR DISCUSSION AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 15B FOR KEY EMPLOYEES, THE PROCESS IS SIMILAR TO THE PRESIDENT/CEO EXCEPT THAT THE INDEPENDENT REVIEW OFFICIAL IS THE PRESIDENT/CEO. COMPARABLE SALARY INFORMATION PROVIDED BY THE COUNCIL ON FOUNDATIONS AS WELL AS PERFORMANCE APPRAISAL INFORMATION IS USED TO EVALUATE ALL EMPLOYEES. THE TOTAL SALARY BUDGET LINE IS APPROVED BY THE FINANCE COMMITTEE, EXECUTIVE COMMITTEE AND THE FULL BOARD OF DIRECTORS. THEREAFTER THE PRESIDENT/CEO DETERMINES ANY SALARY ADJUSTMENTS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO PUBLISHED IN THE FOUNDATION'S ANNUAL REPORT, WHICH IS AVAILABLE ONLINE. FORM 990, PART XI, LINE 9 EXPENSES NETTED WITH REVENUE 0 EXPENSES NETTED WITH REVENUE 0