2019-05-15T14:21:04-05:00 2018-12-31 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2018-01-01 815340751 GCC Foundation Inc GCCF 3178482722 5504 East 146th St Noblesville IN 46062 Shane Whybrew Executive Director 3178482722 2019-05-15 1 Ashley Peabody P01385870 3178852620 139.146.132.42 2019-05-15 15:20:48 ED P EF152EC0E1BDBDD4372A1757C5AB3746E98CEFE4 DFC357842FFE4B7DCEB1B0C22B45D069C995EA34 2018 2019-02-21 02:37:17Z Shane Whybrew 5504 East 146th St Noblesville IN 46062 639597 0 X gccfoundation.us X 2017 IN The GCC Foundation exists to instill hope, dignity and sustainable change. 8 8 0 9 0 0 207298 635763 0 0 959 3834 0 0 208257 639597 75000 175000 0 0 0 0 0 0 4844 8855 13666 83855 188666 124402 450931 124402 575333 0 0 124402 575333 The GCC Foundation exists to instill hope, dignity and sustainable change for all people while transforming the lives of those who give and serve. 0 0 175000 175000 GCC Foundation, Inc. started operations in 2017. We have been cultivating donors and growing the structure of the foundation. We have also provided grants of $175,000. 175000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 IN X Marcus Casteel 3178482722 5504 East 146th St Noblesville IN 46062 X Greg Guevera Chairman 2.00 X X 0 0 0 Shane Whybrew Vice Chairman/Executive Director 10.00 X X 0 0 0 Marcus Casteel Treasurer 15.00 X X 0 0 0 Cara Augsperger Secretary 5.00 X X 0 0 0 Keith Carlson Board Member 8.00 X 0 0 0 Phil Abookire Board Member 4.00 X 0 0 0 Jon Kizer Board Member 4.00 X 0 0 0 Anthony Brock Board Member 6.00 X 0 0 0 0 0 0 0 0 0 0 0 635763 9796 635763 3834 3834 639597 0 0 3834 175000 175000 1152 1152 3000 3000 3646 3646 4348 4348 605 322 283 Event expense 915 915 188666 175000 8822 4844 X 101553 70616 22849 504717 124402 575333 0 0 X 124402 575333 124402 575333 124402 575333 450931 0 X X 1 X 0 0 0 X 207298 635763 843061 207298 635763 843061 441469 401592 959 3834 4793 847854 X 1 Grace Church 5504 E 146th Street Noblesville IN 46062 351837386 501(c)(3) 175000 Staffing Increase 1 0 Part I, Line 2: Grant requests are reviewed by the Executive Committee then presented to the Board at the next meeting for discussion and vote. The organization that receive the grant sends a report back to the Board, which is reviewed to monitor the use of the funds. Form 990, Part VI, Section A, line 1 The Board of Directors may, by resolution adopted by a majority of the directors then in office, designate two (2) or more directors of the Corporation to constitute an Executive Committee which, to the extent provided in such resolution and consistent with applicable law, shall have and exercise all of the authority of the Board of Directors in the management of the Corporation's affairs during intervals between the meetings of the Board of Directors. The Chair, by virtue of his or her position, shall serve as a member of the Executive Committee. The Executive Committee shall be subject to the authority and supervision of the Board of Directors. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Board Chair is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part X, Lines 27-29 In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 12/31/2018. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions: $575,333 Line 29 - Net assets with donor restrictions: $0 Total net assets: $575,333 Form 990, Part XII, Line 2c The organization's Board assumes responsibility for oversight of the compilation of its financial statements and selection of its independent accountant. This process has not changed since the prior year.