2019-06-26T10:47:17-05:00 2018-12-31 470899021 BOND & COMPANY PLC 113 WEST MICHIGAN AVENUE SUITE 301 JACKSON MI 49201 990 2018-01-01 237019029 ALBION COMMUNITY FOUNDATION ALBI 5176293349 PO BOX 156 ALBION MI 49224 ROBERT DUNKLIN PRESIDENT 5176293349 2019-06-03 true PATRICK T WALZ P00268149 5177898900 2019-06-12 167.68.16.49 2019-06-26 10:47:17 CD P 73FEBA7905AB37EF9EE18DDCE3A87F8B099E9EBF 2B8C93D922C4DF1CD5B09BFE3ACBC95D8EFE7CC5 2018 2019-02-21 02:37:17Z TIMOTHY KRAUSE 1955399 false X WWW.ALBIONFOUNDATION.ORG X COMM FND 1968 MI STRENGTHEN THE GREATER ALBION AREA BY CULTIVATING COMMUNITY ASSETS TO ENHANCE THE QUALITY OF LIFE. 11 11 3 31 0 236614 81977 0 232675 485979 2561 8368 471850 576324 121107 178101 0 87073 93089 0 32294 98207 118183 306387 389373 165463 186951 5462005 4969379 477761 653640 4984244 4315739 STRENGTHEN THE GREATER ALBION AREA BY CULTIVATING COMMUNITY ASSETS TO ENHANCE THE QUALITY OF LIFE. false false 311625 178101 MANY COMMUNITY PROJECTS AND CULTURAL EVENTS WERE PROMOTED AND FUNDED DURING THE YEAR THAT BENEFITED THE LOCAL COUMMUNITY OF ALBION, MICHIGAN. THE COMMUNITY FOUNDATION AWARDED MORE THAN 30 GRANTS. 311625 true true false false false true false false true true true false false false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 5 0 3 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true false false MI X X TIM KRAUSE 5176293349 1002 N EATON STREET ALBION MI 49224 JOYCE SPICER TRUSTEE 1.00 X 0 0 0 MARILYN HENNON TRUSTEE 1.00 X 0 0 0 BERNIE KONKLE JR TRUSTEE 1.00 X 0 0 0 TOM PITT TREASURER 2.00 X X 0 0 0 AMANDA KONKLE VICE PRESIDE 2.00 X X 0 0 0 NIDIA WOLF TRUSTEE 1.00 X 0 0 0 KAREN YANKIE SECRETARY 2.00 X X 0 0 0 NANCY ROUSH TRUSTEE 1.00 X 0 0 0 ROBERT DUNKLIN PRESIDENT 2.00 X X 0 0 0 MIKE TYMKEW TRUSTEE 1.00 X 0 0 0 AMY REIMANN TRUSTEE 1.00 X 0 0 0 TIMOTHY KRAUSE EXECUTIVE DI 40.00 X 68803 0 3707 68803 3707 false false false 81977 81977 194523 194523 12000 5574 6426 6426 6426 1664957 1373501 291456 291456 291456 MISCELLANEOUS 900099 1942 1942 1942 576324 1942 492405 178101 178101 68803 39906 15825 13072 12640 7730 2615 2295 3707 2150 853 704 582 337 134 111 7357 4267 1692 1398 5520 3643 1049 828 10413 6873 1978 1562 28055 21351 6704 10666 7040 2027 1599 264 177 48 39 4759 3161 733 865 15254 8040 3935 3279 7464 4366 1690 1408 1453 974 261 218 1004 673 181 150 14949 8744 3391 2814 7314 4278 1656 1380 DIRECT FUND EXPENSES 6604 6604 MEMBERSHIPS 3570 2391 643 536 SPECIAL EVENTS 1935 1296 348 291 TELEPHONE 1366 915 246 205 -2407 -1392 -555 -460 389373 311625 45454 32294 29546 39065 148430 98599 500 667 6557 5000 319119 16820 316168 302299 4885768 4447473 75036 76276 5462005 4969379 14814 6451 1500 460339 643202 2608 2487 477761 653640 X 4704244 4035739 280000 280000 4984244 4315739 5462005 4969379 X 186951 -855456 X false true X true false X 268575 254665 225776 236614 81977 1067607 268575 254665 225776 236614 81977 1067607 83481 984126 210519 138812 108432 134040 206523 798326 1865933 4503 0.52740 0.66380 X 9 250054 25109 643202 true true false true X 4700807 370657 -407406 517191 100295 4046572 4274202 27755 725735 296094 30791 4700807 4085999 79838 342051 204595 29091 4274202 4397229 113716 -118349 276419 30178 4085999 4208483 354704 182722 321812 26868 4397229 0.93510 0.06490 false false 17800 17800 268147 8938 259209 33172 7882 25290 302299 GIFT ANNUITY PAYABLE 2487 2487 -301613 -855456 -855456 553843 28055 -5574 22481 576324 366892 366892 28055 -5574 22481 389373 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE FOUNDATION HAS ENTERED INTO AGREEMENTS WITH OTHER ORGANIZATIONS TO RECEIVE, INVEST AND MANAGE CERTAIN OF THEIR FUNDS. IN ACCORDANCE WITH STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 136, TRANSFERS OF ASSETS TO A NOT-FOR-PROFIT FOUNDATION OR CHARITABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS, THE FOUNDATION REPORTS A LIABILITY FOR THESE RESOURCES SINCE THE OTHER ORGANIZATIONS HAVE EITHER NAMED THEMSELVES AS BENEFICIARIES OR RETAINED THE UNILATERAL RIGHTS TO WITHDRAW OR OTHERWISE REDIRECT THE USE OF THOSE FUNDS. SCHEDULE D, PAGE 4, PART XI, LINE 4B RENTAL EXPENSE ALLOCATION -2,988 RENTAL DEPR. ALLOCATION -2,586 SCHEDULE D, PAGE 4, PART XII, LINE 4B RENTAL EXPENSE ALLOCATION -2,988 RENTAL DEPR. ALLOCATION -2,586 true ALBION COLLEGE 611 E PORTER ST ALBION MI 49224 381359081 501C3 7190 EDUCATION CITY OF ALBION 112 CASS STREET ALBION MI 49224 386004655 GOV 11550 COMMUNITY DEVELOPMEN AVSO 131 E CASS STREET ALBION MI 49224 382970255 501C3 11770 SUBSTANCE ABUSE PROG FRIENDS OF THE BOHM THEATRE 201 S SUPERIOR ST ALBION MI 49224 461255472 501C3 78820 COMMUNITY PROJECTS KIDS N STUFF 201 S SUPERIOR ST ALBION MI 49224 461255472 501C3 10500 YOUTH PROGRAMS STARR COMMONWEALTH SCHOOLS 13725 26 MILE ROAD ALBION MI 49224 381359593 501C3 12295 COMMUNITY PROJECTS MARSHALL PUBLIC SCHOOLS 100 E GREEN STREET MARSHALL MI 49068 GOV 7623 EDUCATION 7 SCHEDULE I, PAGE 1, PART I, LINE 2 THE COMMUNITY FOUNDATION USES A POST PROJECT EVALUATION FORM FOR EACH GRANT PROJECT TO COMPARE OBJECTIVES AND BUDGETS FROM THE APPLICATION TO ACTUAL OUTCOMES. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 TAX RETURN IS REVIEWED BY THE FULL BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS COMPLETE A FORM EACH JANUARY TO ENSURE THAT THE CONFLICT OF INTEREST POLICY IS EFFECTIVE. FORM 990, PAGE 6, PART VI, LINE 15A THE SALARY OF THE EXECUTIVE DIRECTOR (THE ONLY FULL TIME EMPLOYEE OF THE COMMUNITY FOUNDATION) IS DETERMINED BY THE BOARD USING THE COUNCIL OF MICHIGAN FOUNDATIONS ANNUAL SURVEY SALARY AS A GUIDE. FORM 990, PAGE 6, PART VI, LINE 19 ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE COMMUNITY FOUNDATIONS'S WEBSITE AND IN ITS PUBLISHED AUDIT REPORT. GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 RENTAL EXPENSE ALLOCATION 2,988 RENTAL DEPR. ALLOCATION 2,586 RENTAL EXPENSE ALLOCATION -2,988 RENTAL DEPR. ALLOCATION -2,586