2019-10-24T19:45:08-07:00 2018-12-31 822140628 Bement & Company 380 N 200 W Ste 112 Bountiful UT 84010 990 2018-01-01 830308856 COMMUNITY FOUNDATION OF JACKSON HOLE COMM 3077391026 PO BOX 574 JACKSON WY 83001 KAREN COLEMAN EXEC VICE PRES & CFO 2019-10-24 true BRENT J BEMENT P01259774 8019361900 2018 2020-01-14 16:20:31Z PO BOX 574 JACKSON WY 83001 41665276 false false X www.cfjacksonhole.org X 1994 WY TO IMPROVE LIVES THROUGH PHILANTHROPIC LEADERSHIP BY PROVIDING SUPERIOR DONOR SERVICES, ENSURING THE SUSTAINABILITY OF THE PHILANTHROPIC COMMUNITY, MAKING GRANTS THAT POSITIVELY IMPACT THE COMMUNITY AND SERVING AS A LEADER, CATALYST AND RESOURCE. 22 21 14 670 0 25127211 35556597 34557 26817 2613715 3185164 56205 0 27831688 38768578 21382973 22547646 0 1232158 1290975 0 150544 1007773 1334169 23622904 25172790 4208784 13595788 65794089 72334938 372882 145119 65421207 72189819 X TO IMPROVE LIVES THROUGH PHILANTHROPIC LEADERSHIP BY PROVIDING SUPERIOR DONOR SERVICES, ENSURING THE SUSTAINABILITY OF THE PHILANTHROPIC COMMUNITY, MAKING GRANTS THAT POSITIVELY IMPACT THE COMMUNITY AND SERVING AS A LEADER, CATALYST AND RESOURCE. false false 13434940 12444771 4870 OLD BILL'S FUN RUN / TIN CUP CHALLENGE - SINCE 1997, THE COMMUNITY FOUNDATION HAS PRODUCED OLD BILL'S FUN RUN FOR CHARITIES, A COLLABORATIVE FUNDRAISING OPPORTUNITY IN TETON COUNTY, WY. OVER THE PAST 22 YEARS, THE EVENT HAS RAISED OVER $159 MILLION FOR LOCAL NONPROFITS. IN 2018, APPROXIMATELY 3,800 DONORS GAVE $13.3 MILLION (INCLUDING INTERFUND GIFTS) TO BENEFIT 200 ORGANIZATIONS. A SIMILAR EVENT, INITIATED BY OUR AFFILIATE IN TETON COUNTY, ID, RAISED AN ADDITIONAL $1.6 MILLION FROM OVER 1,000 DONORS TO BENEFIT 46 ORGANIZATIONS IN TETON VALLEY, ID AND ALTA, WY. 9192101 8617996 11758 FUND ADMINISTRATION - THE COMMUNITY FOUNDATION MANAGES OVER 200 FUNDS DESIGNED TO MAKE PHILANTHROPY EASY AND EFFECTIVE FOR LOCAL DONORS AND TO PROVIDE COST EFFECTIVE ASSET MANAGEMENT FOR LOCAL NONPROFITS. IN 2018, THE FOUNDATION RECEIVED OVER 800 GIFTS, TOTALING $23.5 MILLION, FOR THESE FUNDS AND PROCESSED APPROXIMATELY 1,800 GRANTS, TOTALING $12 MILLION, FROM OUR DONOR ADVISED, DESIGNATED AND OTHER ADVISED FUNDS, INCLUDING INTERFUND GRANTS, TO BENEFIT QUALIFIED CHARITIES WORKING IN A VARIETY OF FIELDS THROUGHOUT THE U.S. 1827147 1484879 DISCRETIONARY GRANTS, SCHOLARSHIPS AND FELLOWSHIPS - THE FOUNDATION'S COMPETITIVE, COLLECTIVE IMPACT, CAPACITY BUILDING, AND MICRO GRANTS PROGRAMS SUPPORT ORGANIZATIONS THAT ADDRESS COMMUNITY NEEDS ON A COMPETITIVE BASIS BASED UPON COMMUNITY NEED, IMPACT, AND ORGANIZATIONAL CAPACITY. THE FOUNDATION'S EDELWEISS ENDOWMENT PROVIDES ADDITIONAL DISCRETIONARY SUPPORT TO COMPELLING PROJECTS ACROSS WYOMING. THE FOUNDATION'S SCHOLARSHIP FUNDS HELP DESERVING YOUTH PURSUE EDUCATIONAL OPPORTUNITIES. IN 2018, THE GRANTS PROGRAMS PROVIDED MORE THAN $800,000 TO 81 LOCAL ORGANIZATIONS TO ADDRESS IMPORTANT ISSUES IN JACKSON HOLE AND TETON VALLEY, AND 41 STUDENTS WERE AWARDED APPROXIMATELY $340,000 IN SCHOLARSHIPS TO PURSUE THEIR EDUCATIONAL DREAMS. THE FOUNDATION ALSO OFFERS A YOUTH PHILANTHROPY PROGRAM TO INTRODUCE HIGH SCHOOL STUDENTS TO PHILANTHROPY AND GRANTMAKING. 285179 10189 24739367 true true false false false true false false false true true true false false false false false true false false true true false false false false false true true true false false false false false false false false false false false true false false false true true true true false false true 32 0 true 14 true false false false false false false false true 1 false false false false false false false false false false false false X 22 21 true false false false false false false true true false true true true true true true true true true true false X X KAREN COLEMAN 3077391026 245 EAST SIMPSON ST JACKSON HOLE WY 83001 JULIE FAUPEL Executive Membr 1.00 0.00 X 0 0 0 DON OPATRNY Director 1.00 0.00 X 0 0 0 BETTY ANDRIKOPOULUS Director 1.00 0.00 X 0 0 0 JIM AUGE PAST CHAIR 2.00 0.00 X 0 0 0 JOHN LUMMIS Director 1.00 0.00 X 0 0 0 SCOTT GIBSON EXECUTIVE MEMBR 2.00 0.00 X 0 0 0 LISA CARLIN Director 1.00 0.00 X 0 0 0 DICK COLLISTER CO-CHAIR 4.00 0.00 X X 0 0 0 JERRY SCHENDEL Executive Membr 1.00 0.00 X 0 0 0 TINA CULMAN CHAIR CFTV 2.00 0.00 X 0 0 0 BILL HOGLUND VICE-CHAIR 2.00 0.00 X X 0 0 0 MERCEDES HUFF Director 1.00 0.00 X 0 0 0 CATHY KEHR Treasurer 2.00 0.00 X X 0 0 0 MARCIA KUNSTEL Director 1.00 0.00 X 0 0 0 BILL NEWTON EMERITUS 1.00 0.00 X 0 0 0 ERIKA PEARSALL CO-CHAIR 4.00 0.00 X X 0 0 0 JULIE O'HALLORAN Director 1.00 0.00 X 0 0 0 BOB KOPP Secretary 2.00 0.00 X X 0 0 0 JON DAWSON Director 1.00 0.00 X 0 0 0 LAURA HARRISON Director 1.00 20.00 X 0 65570 0 TED STARYK Director 1.00 0.00 X 0 0 0 PAUL VOGELHEIM Director 1.00 0.00 X 0 0 0 DAVID VELA Director 1.00 0.00 X 0 0 0 KATHARINE CONOVER President & CEO 50.00 0.00 X 265813 0 20815 KAREN COLEMAN Exec VP & CFO 50.00 0.00 X 227899 0 36528 493712 65570 57343 2 false true false CANTERBURY CONSULTING INC 660 NEWPORT CENTER DRIVE SUITE 300 NEWPORT BEACH CA 92660 INVESTMENT ADVISORY 154881 1 1430928 34125669 9244255 35556597 PROGRAM/REGISTRATION FEES 26817 26817 26817 1616111 1616111 0 0 0 4465751 2896698 1569053 1569053 1569053 0 0 0 0 38768578 26817 3185164 22081673 22081673 168973 168973 297000 297000 0 551055 429167 78127 43761 0 584784 496591 62811 25382 22664 19268 2424 972 63089 53641 5434 4014 69383 56722 8451 4210 0 0 21856 525 21331 0 0 397833 363080 34753 65748 65748 213110 167384 45726 58939 40510 15804 2625 76170 64297 7925 3948 0 36810 30092 4484 2234 0 0 103019 98782 2828 1409 0 0 31342 25622 3818 1902 13452 9381 3740 331 PROJECT EXPENSES 150555 150555 MISCELLANEOUS 107087 87682 6018 13387 Printing and Publications 48806 23747 24587 472 Postage and Shipping 9442 8927 344 171 0 25172790 24739367 282879 150544 X 0 3556214 8943115 420000 434105 96 0 0 1950000 1980000 0 0 1603820 226202 1401495 1377618 49442326 50364865 8459594 8667989 0 0 564460 567150 65794089 72334938 128629 145119 244253 372882 145119 X 63051207 69775714 2370000 2414105 65421207 72189819 65794089 72334938 13595788 -6827176 X false true X true false X 18186042 21170650 25342816 25127211 35556597 125383316 0 0 18186042 21170650 25342816 25127211 35556597 125383316 22274795 103108521 1022881 626976 923759 1766370 1616111 5956097 0 0 131339413 223391 0.78510 0.79920 X 144 8 19538039 556069 7466489 347450 35264285 884526 true true 34899534 3266929 -2250303 704815 280986 34930359 27393654 3544005 4912976 727138 223963 34899534 23070752 4106026 1185472 819941 148655 27393654 20678041 3711697 -515226 641879 161881 23070752 18300085 2495279 484027 397393 203957 20678041 1.00000 false false false 600000 600000 897523 143246 754277 106297 82956 23341 1377618 1942500 F 8667989 30068289 -4770675 27317 -4743358 34811647 347900 3609031 3956931 38768578 24274945 330 330 24274615 347900 550275 898175 25172790 Part V, Line 4: Intended uses of the endowment fund. PART V LINE 4: DUE TO THE FOUNDATION'S VARIANCE POWER, ALL OF ITS ENDOWMENT FUNDS ARE CLASSIFIED AS BOARD-DESIGNATED. ENDOWMENT FUNDS ARE INTENDED TO PROVIDE GRANTMAKING RESOURCES TO ADDRESS EVOLVING COMMUNITY NEEDS IN PERPETUITY AND TO SUPPORT THE FOUNDATION'S OPERATIONS ON A PERMANENT BASIS. THE FOUNDATION ALSO MANAGES AGENCY ENDOWMENT FUNDS FOR THE BENEFIT OF OTHER NONPROFITS. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 DONOR DIRECTED/ADMIN FUND INTEREST/GAINS $-455 AGENCY ENDOWMENT / DD ADMIN FEE $27772 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S AGENCY ENDOWMENT / DD CONTRIBUTIONS $2575342 AGENCY ENDOWMENT / DD DIVIDENDS & INTRST $418064 AGENCY ENDOWMENT / DD REALIZED GAIN/LOSS $615955 LOSS ON DISPOSITION OF EQUIPMENT $-330 Part XII, Line 2d: Other expenses and losses per audited F/S LOSS ON DISPOSAL OF ASSETS $330 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S AGENCY ENDOWMENT / DD GRANTS $500495 AGENCY ENDOWMENT / DD OTHER EXPENSES $49780 true SUB-SAHARAN AFRICA 0 0 GRANTS 296500 EUROPE 0 0 GRANTS 500 297000 297000 SUB-SAHARAN AFR GENERAL SUPPORT 20000 WIRE TRNSFR SUB-SAHARAN AFR GENERAL SUPPORT 275000 WIRE TRNSFR 2 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US PRIOR TO ISSUANCE OF AN INTERNATIONAL GRANT, ELIGIBILITY FOR POTENTIAL GRANTEES IS VERIFIED THROUGH COMPLETION OF A DUE DILIGENCE CHECKLIST THAT INCLUDES THE FOLLOWING: (1) REVIEW OF THE U.S. TREASURY SDN LIST, (2) RECEIPT AND REVIEW OF GRANTEE ORGANIZATIONAL DOCUMENTS AND MOST RECENT FINANCIAL STATEMENTS, AND (3) RECEIPT AND REVIEW OF AN AFFIDAVIT FROM THE GRANTEE REGARDING CHARITABLE STATUS, PAST AND FUTURE ACTIVITIES, DISSOLUTION PROVISIONS AND RESTRICTIONS ON PRIVATE INUREMENT AND POLITICAL ACTIVITY. BASED UPON THE RESULTS OF THE DILIGENCE PROCESS, THE ORGANIZATION IS EITHER DEEMED TO BE SUBSTANTIALLY EQUIVALENT OR EXPENDITURE RESPONSIBIILTY IS EXERCISED. A GRANT CONTRACT PROVIDES FOR SEPARATE ACCOUNTING OF GRANT AWARDS AND THE PROVISION OF GRANT REPORTS. ALL GRANT AWARDS ARE ALSO ACCOMPANIED BY A LETTER THAT STATES "NO GOODS OR SERVICES MAY BE PROVIDED IN EXCHANGE FOR THIS GRANT" AND DETAILS ANY RESTRICTIONS OF THE USE OF GRANT FUNDS. THE USE OF FUNDS IS ALSO MONITORED THROUGH DONOR-ADVISED FUNDHOLDERS' ONGOING RELATIONSHIPS WITH THE GRANTEES. true SEE CONTINUATION SHEET SCH I SEE PART IV FOR ADDTL INFO VARIOUS WY 83001 21917953 0 310 5 STUDENT SCHOLARSHIPS FOR COLLEGES AND UNIVERSITIES 42 145973 SCHOLARSHIPS-PROFSNL CERTIFICATION 2 17000 FELLOWSHIP FOR GLOBAL INTERNSHIPS 1 6000 Additional Supplemental Information OTHER ORGANIZATIONS NUMBERED ON PART II LINE 3 ARE RELIGIOUS ORGANIZATIONSCONTINUATION SHEET SCH I-1 INCLUDES DISTRIBUTIONS FROM ALL PROGRAMS DESCRIBED IN FORM 990 PART III PROGRAM SERVICE ACCOMPLISHMENTS MEETING THE THRESHOLD FOR REPORTING. Grantmaker's Description of How Grants are Used PRIOR TO ISSUANCE OF A GRANT, ELIGIBILITY FOR ALL POTENTIAL DOMESTIC GRANTEES IS VERIFIED THROUGH IRS PUBLICATION 78, GUIDESTAR OR DIRECT CORRESPONDENCE WITH THE GRANTEE TO VERIFY CHARITABLE STATUS. ALL GRANT AWARDS ARE ALSO ACCOMPANIED BY A LETTER THAT STATES "NO GOODS OR SERVICES MAY BE PROVIDED IN EXCHANGE FOR THIS GRANT" AND DETAILS ANY RESTRICTIONS OF THE USE OF GRANT FUNDS. THE USE OF FUNDS FOR ALL DISCRETIONARY GRANTS IS MONITORED THROUGH REGULAR STAFF CONTACT WITH LOCAL GRANTEES AND MANDATORY GRANT REPORTS. GRANT REPORTS ARE DUE WITHIN ONE YEAR OF COMPLETION OF THE GRANT, AND GRANTEES ARE INELIGIBLE TO RECEIVE FUTURE GRANTS SO LONG AS THERE ARE DELINQUENT GRANT REPORTS. THE USE OF GRANTS FROM DONOR ADVISED FUNDS IS TYPICALLY MONITORED THROUGH THE ADVISORS' ONGOING RELATIONSHIP WITH THE GRANTEE. X true true X X X X false false false false false false false false false false KAREN COLEMAN Exec VP & CFO 190000 37899 9116 27412 264427 KATHARINE CONOVER President & CEO 222500 43313 10633 10182 286628 Part I, Line 1a: Relevant information in regards to selections on 1a. Part III, Additional Information THE FOUNDATION COVERS MEMBERSHIP DUES FOR THE PRESIDENT AT A LOCAL SPORTS/SOCIAL CLUB TO FACILITATE COMMUNITY AND DONOR RELATIONS. X 90 5744255 FMV DAY RECVD X 1 3500000 INDPNDNT APPRAISAL X 15 NOMINAL VALUE X SUPPLIES/EQUIP 8 NOMINAL VALUE false true false Part I, Line 33, Revenues Not Reported THE FOUNDATION RECEIVED A LIMITED NUMBER OF CONTRIBUTIONS OF FOOD, SUPPLIES AND EQUIPMENT. AS THE ESTIMATED VALUE OF THESE CONTRIBUTIONS IS NOT MATERIAL TO THE FOUNDATION'S FINANCIAL STATEMENTS, NO CONTRIBUTION REVENUE IS RECORDED. ALL IN-KIND DONORS ARE ISSUED A TAX RECEIPT PURSUANT TO IRS RULES. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: OTHER PROGRAM SERVICES - IN ADDITION TO FUND ADMINISTRATION, OLD BILL'S FUN RUN, AND COMPETITIVE GRANTS AND SCHOLARSHIPS, THE COMMUNITY FOUNDATION ALSO SUPPORTS LOCAL NONPROFITS BY OFFERING CLASSES ON NONPROFIT MANAGEMENT (E.G. BOARD DEVELOPMENT, GRANT WRITING, SUSTAINABILITY, ETC.), COORDINATING NETWORKING AND INFORMATION SHARING OPPORTUNITIES (E.G. BREAKFAST CLUBS, VOLUNTEERJACKSONHOLE.ORG, AND A NONPROFIT LIST-SERVE) AND PROVIDING TECHNICAL ASSISTANCE AND CONSULTING AS REQUESTED. IN 2018, APPROXIMATELY 295 PARTICIPANTS ATTENDED 40 CLASSES, WORKSHOPS, OR NETWORKING EVENTS OFFERED BY THE FOUNDATION, AND 97 ORGANIZATIONS PARTICIPATED. 39 NONPROFITS POSTED 74 VOLUNTEER OPPORTUNITIES ON THE VOLUNTEER JACKSON HOLE WEBSITE, AND APPROXIMATELY 1,400 INDIVIDUALS SUBSCRIBE TO THE NONPROFIT LIST-SERVE HOSTED BY THE FOUNDATION. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et A LIMITED NUMBER OF UNRELATED CURRENT AND FORMER DIRECTORS HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER, SUCH AS SERVING ON COMMON BOARDS AND HAVING OWNERSHIP INTERESTS IN THE SAME BUSINESS ENTITIES. WITH THE EXCEPTION OF STANDARD BUSINESS ACCOUNTS HELD AT LOCAL BANKS, NONE OF THE ENTITIES THROUGH WHICH THESE DIRECTORS HAVE BUSINESS RELATIONSHIPS ENGAGED IN ANY TRANSACTIONS WITH THE FOUNDATION. ONE CURRENT DIRECTOR IS EMPLOYED BY A RELATED ORGANIZATION. Form 990, Part VI, Line 11b: Form 990 Review Process THE FOUNDATION'S VICE PRESIDENT WORKS CLOSELY WITH THE FOUNDATION'S AUDITORS TO PREPARE THE FORM 990. THE VICE PRESIDENT AND THE AUDIT COMMITTEE SUBSEQUENTLY REVIEW THE FINAL DRAFT FOR ACCURACY AND COMPLETENESS. PRIOR TO FILING THE FORM 990, THE VICE PRESIDENT PROVIDES A COPY TO THE DIRECTORS. TO FACILITATE ITS REVIEW, THE VICE PRESIDENT WALKS THROUGH THE FORM 990 FINAL DRAFT AT A BOARD MEETING, HIGHLIGHTING ANY ITEMS OF NOTE OR CHANGES FROM THE PRIOR YEAR AND ADDRESSING ANY QUESTIONS THAT ARISE. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ALL FOUNDATION STAFF, DIRECTORS AND COMMITTEE MEMBERS COMPLETE A CONFLICT OF INTEREST POLICY & DISCLOSURE FORM ANNUALLY. THE FORM INCLUDES A COPY OF THE CONFLICT OF INTEREST POLICY AND FORM FOR DISCLOSING ANY POTENTIAL CONFLICTS. THE FORMS ARE COLLECTED AND REVIEWED BY THE FOUNDATION'S VICE PRESIDENT. POTENTIAL STAFF CONFLICTS MUST BE APPROVED BY THE FOUNDATION'S EXECUTIVE COMMITTEE. BOARD MEMBERS AND COMMITTEE MEMBERS SELF REGULATE AND MONITOR EACH OTHER, ALONG WITH STAFF INPUT. INDIVIDUALS WITH A CONFLICT OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN DELIBERATION AND VOTING. INDVIDUALS WITH CONFLICTS RECUSE THEMSELVES WHEN NECESSARY, WITH SUCH ACTION NOTED IN MEETING MINUTES. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE PRESIDENT'S PERFORMANCE AND COMPENSATION ARE REVIEWED AT LEAST ANNUALLY BY THE FOUNDATION'S COMPENSATION COMMITTEE. COMPENSATION IS BASED UPON THE FOUNDATION'S APPROVED COMPENSATION PHILOSOPHY AND INCLUDES A REVIEW OF THE COUNCIL ON FOUNDATION'S ANNUAL SALARY SURVEY, THE MOST RECENT NONPROFIT SALARY SURVEY FOR JACKSON HOLE, AND CURRENT KNOWLEDGE OF COMPENSATION LEVELS FOR LEADERS OF OTHER LOCAL NONPROFITS. THE ACHIEVEMENT OF AGREEMENT UPON GOALS FOR THE PRIOR YEAR, BOTH QUANTITATIVE AND QUALITATIVE IN NATURE DRIVEN BY OUR LONG-RANGE PLAN, IS ALSO TAKEN INTO CONSIDERATION. THE COMPENSATION COMMITTEE RECOMMENDS ANY MERIT BONUS FOR THE PRIOR YEAR AND COMPENSATION FOR THE COMING YEAR TO THE EXECUTIVE COMMITTEE FOR APPROVAL. ALL BOARD MEMBERS HAVE AN OPPORTUNITY TO REVIEW AND DISCUSS THE EXECUTIVE COMMITTEE'S COMPENSATION RECOMMENDATIONS DURING BOARD MEETING EXECUTIVE SESSIONS. COMPENSATION FOR THE VICE PRESIDENT IS DETERMINED AND APPROVED BY THE PRESIDENT USING A SIMILAR FORMAT. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE FOUNDATION'S FORM 990 IS AVAILABLE UPON REQUEST FROM THE FOUNDATION AND ON GUIDESTAR. ITS AVAILABILITY IS NOTED ON THE FOUNDATION'S WEBSITE AND IN THE ANNUAL REPORT. THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE POSTED ON THE FOUNDATION'S WEBSITE. THE GOVERNING DOCUMENTS, FORM 1023 AND CONFLICT OF INTEREST AND OTHER BOARD APPROVED POLICIES ARE ALSO AVAILABLE UPON REQUEST. HMKT JH LLC PO BOX 574 JACKSON WY 83001 821180174 INVESTMENT HOLDING COMPANY WY 163430 429958 COMMUNITY FOUNDATION OF JACKSON HOLE COMMUNITY FOUNDATION DONOR DIRECTED FUND PO BOX 574 JACKSON WY 83001 830313321 SUPPORTING ORGANIZATION - GRANT MAKING WY 501(c)(3) 509(a)(3)-I N/A true NEWTON FOUNDATION PO BOX 14670 JACKSON WY 83002 966470560 SUPPORTING ORGANIZATION - GRANT MAKING WY 501(c)(3) 509(a)(3)-III N/A false false false true false false false false false false false false false false true true false false false false COMMUNITY FOUNDATION DONOR DIRECTED FUND c 97868 CASH CONTRIBUTI COMMUNITY FOUNDATION DONOR DIRECTED FUND n 67945 COST COMMUNITY FOUNDATION DONOR DIRECTED FUND o 1290975 COST NEWTON FOUNDATION c 1235192 CASH CONTRIBUTI